Mar 15 2012

A shadow inflation hits shoppers through economic sleight of hand: Inflation and the hidden side of finances.

Anyone that shops realizes that the price of goods has only gone up.  Yet by how much is deceiving by economic chicanery.  The Federal Reserve has taken a baseball bat to the US dollar and the purchasing power of what Americans carry in their wallet.  Yet many Americans have been duped into thinking inflation has […]

Mar 12 2012

The old get wealthier and the young get poorer.

This recession has been unmercifully brutal on younger Americans.  Many are entering the most difficult employment market in generations with a flood of low wage jobs saddled with record levels of student debt.  Many have never even witnessed how it is to live in a bull stock market.    Of course this is assuming they had […]

Mar 8 2012

How does an America with no middle class look like? Bureau of Labor and Statistics projects top two jobs for the next decade will pay roughly $20,000 a year. Approval rating of Congress at 10 percent. In comparison, Americans approved of BP’s handling of the Gulf oil crisis at a 16 percent rate.

A strong middle class has been at the core of what has been promoted as the American Dream.  How would America look like if the middle class simply vanished?  We may not need to wait too long at the current rate since we are quickly siphoning people off the middle class and throwing them into […]

Mar 6 2012

The crisis of solvency – peak debt, peak food stamp usage, and massive financial deception by media. The faux economy of solving a solvency issue with more debt. Job postings up but hiring flat.

The economy is largely running on a solid amount of debt, Orwellian news, and selective perception.  Take for example the absolute lack of coverage on our peak debt situation.  The media simply assumes that going over the $15 trillion mark on national debt was somehow a story not worth reporting.  The total amount we have […]

Mar 2 2012

Hitting the credit card wall – Credit card debt contracts 17 percent as the grand American household deleveraging continues. Average household with credit card debt carries $16,000 at an average rate of 15% – Real broke housewives. Orange County California witnesses a 600 percent jump in bankruptcies.

Credit card debt has become a big financial albatross for many American families.  According to the Federal Reserve Survey on Consumer Finance over 176 million credit cardholders exist in the United States.  This is an amazing figure when you actually think about what a credit card is.  A credit card essentially allows you to spend […]

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