Jul 29 2011

No debt ceiling for the Federal Reserve and too big to fail banks – The double standard of American banking and opaque Federal Reserve policy.

While the American public is staring at a government that is more like an improv act in Chicago, the banking system continues to hide toxic assets from the view of the public.  An odd economic dance is taking place.  While the public is being beaten over the head about spending within its limits we have […]

Jul 27 2011

How to spend $9 trillion in 10 years. How in the financial world did we end up with over $14 trillion in Federal government debt?

If we do a slow rewind back to 2001 U.S. debt stood at $5.8 trillion.  This today would seem like a bargain.  So how in the world did we end up with the current $14.3 trillion figure in a matter of ten years?  People like to ignore history but if you don’t know where your […]

Jul 24 2011

Does inflation even matter? The growing secrecy of the CPI and how average Americans face budget squeezes through financial maneuvering and the chained CPI.

Things seem to be progressively getting worse for the middle class as most of the debt ceiling talks revolve on sticking it to working Americans as if they were financially able to handle any more austerity moving forward.  While the too big to fail banks swim around in pools of bailout money like Scrooge McDuck […]

Jul 21 2011

The four horsemen of the middle class apocalypse – what does it say that we as a nation bailed out the financially wealthy too big to fail banks yet failed to bail out the middle class?

What made the U.S. the envy of the world was the belief that if you worked hard enough and had the right kind of grit and intelligence that you would be able to enjoy the fruits of your labor.  This is what built the solid middle class after World War II.  The majority of people […]

Jul 19 2011

The rise of the dollar store – catering to a disappearing middle class with shrinking incomes has made dollar stores prosper in the last decade. In last decade Family Dollar grew by 62 percent in store count while U.S. population only went up by 8 percent.

Dollar stores for most Americans carry an odd sort of stigma.  In the past, these locations were seen as shopping hubs for the poor only.  Yet as we all know many in the once strong American middle class were thrown off the prosperity treadmill and into lower income brackets.  While companies struggle with growing dollar […]

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