3 bold moves can turn the US economy around in less than a year: 1. Enact a tax holiday for all individuals; 2. Suspend capital gains taxes for 2 years; 3. Reduce corporate tax rates to 5 percent. This article explains how to do it and the massive be
At a recent conference on economic cooperation in Germany, Russian prime minister Vladimir Putin explained it was “quite possible” that in the future Russia would join the eurozone.
John Stossel points out that many see the privatization of public parks as an evil encroachment by the rich in the public sphere. In reality, privatized parks today are friendlier and more inclusive than ever.
Mail Your House Keys to the Banksters - Attacking the World, Paul Craig Roberts on the American empire - Why Is Greenland So Rich These Days?, Because it seceded from the EU. Article by Alex Singleton.
"It is well that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." -- Henry Ford
The law of gravity is applicable to the behavior of falling objects on the U.S. mainland but not applicable on our Pacific Ocean territories Samoa and Northern Mariana Islands. You say, "Williams, that's lunacy! Laws are applicable everywhere; that's
More than 8 million consumers stopped using credit cards over the past year. The decline stems from a combination of consumer choices and bank actions.
An analysis by credit reporting agency TransUnion found that use of general purpose credit card
The economic downturn has US cable television companies shedding subscribers in record numbers and Americans increasingly "cutting the cord" in favor of cheaper online options, new research shows.
Do you think our Congress is listening?
Europe is falling apart, capitalistic socialism is failing, their bailouts are getting worse and yet we have a Speaker of the House of the lame-duck session of our Congress to is unwilling to do what histori
The US needs to take urgent action to cut its debt in order to prevent the next financial crisis, which may start in Washington, Sheila Bair, chair of the Federal Deposits Insurance Corp. (FDIC)
The US needs to take urgent action to cut its debt in order to prevent the next financial crisis, which may start in Washington, Sheila Bair, chair of the Federal Deposits Insurance Corp. (FDIC)
TSA Lies About the Scanner Radiation Dose - Korean Troubles and the Horrific Impact of War, Jim Rogers on global market corrections and commodities - Moving Your Precious Metals Into Canada? - 14 Survival Lessons
China and Russia have decided to renounce the US dollar and resort to using their own currencies for bilateral trade, Premier Wen Jiabao and his Russian counterpart Vladimir Putin announced late on Tuesday.
"New orders for manufactured durable goods in October decreased $6.8 billion or 3.3 percent to $196.0 billion, the U.S. Census Bureau announced today. This decrease, down two of the last three months...
But Whitney notes that problem banks are far from the only problem. The ranks of the unbanked will rise to 41 million households in 2015 from 30 million now, she says, as bankers reconsider the costs and benefits of all manner of products.
In San Bernardino County, for example, with its population of two million the number of SNAP recipients has now crossed the 300,000 level. Yes, a full 15% of that county is now on food stamps.
A remarkable confluence of recent events has brought unprecedented but very welcome attention to both U.S. monetary policy and the global political economy in general.
Today, the debts do not involve liens against crops. People in modern America carry student loans, credit card debt, and mortgages. All of these are hard to pay back, often bringing with them impenetrable contracts and illegal fees.
Falling prices for new and used vehicles, apparel, recreation and tobacco kept the index low. But shelter and medical care costs rose, and gasoline prices are up 9.5% over last year.
In September 2010, employment was 139,391,000. In October 2010, employment was 139,061,000. That is a loss of 330,000 jobs in October, a loss even the BLS recognizes. Meanwhile the president is crowing about an alleged gain of 151,000 jobs.
Banks problems may become impossible to hide in 3-6 months. They are passing around the losses trying to hide the truth. Banks made their earnings in the recent quarter by taking down reserves.
The consumer's wallet is snapping shut as it's empty, and as a consequence the chain backward from the retailer to the manufacturer is slowing. In addition unfilled orders have collapsed to -24 as manufacturers empty their inventory pipeline...
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