Feb 8 2012

The banking protection racket – 5 charts highlighting the laundering and dismantling of the middle class. New methods of looking at employment. Peak debt and tweaking statistics.

Part of the crushing blow to the middle class is the misinformation being lobbed out as good economic news.  For example, inflation is increasing yet the average American worker pulls in $25,000 per year.  You also have the civilian population ratio still at levels last seen three decades ago.  It depends on how you look […]

Feb 6 2012

Federal Reserve continues shadow bailout of banking industry – $947 billion of overpaid and low demand mortgage backed securities sit on the massive $2.8 trillion Fed balance sheet. The price of this hidden bailout will hit all Americans.

The Federal Reserve continues a secretive bailout of the banking system by purchasing more and more questionable mortgage backed securities.  You would think that $1 trillion would catch the attention of the media but they seemed focus on other trivial items.  The Fed balance sheet is still at record levels above $2.8 trillion to be […]

Feb 2 2012

The Coming Demographic and Financial Disaster – Median income of Americans 65+ is $19,167. What happens when less affluent youth move back home and clash with older generations?

What happens when a society that prides itself on a middle class and self-sufficiency suddenly starts losing both?  For over a decade the middle class in the US has been shrinking.  This isn’t some speculation but is reflected in the stagnant household income data.  You also have a giant demographic train in that many baby […]

Jan 31 2012

The law school bubble – At 50 law schools, 20% of the students are either unemployed, flunked out, or are unknown yet data does not show up in national rankings. Many more pass bar exam than actual job openings in legal field. Legal bubble is another tangent of the higher education bubble.

The higher education bubble has gotten a solid amount of press coverage in the last couple of years.  Even with student loan debt lurching towards the $1 trillion mark the higher education bubble train keeps moving along.  Part of this has to do with the odd financialization of higher education where things are so extreme […]

Jan 27 2012

The university of financialization – science and math graduates opt to go into the gambling fields of Wall Street banking instead of building productive jobs for society. Many non-tech majors choose lower paying fields while going into massive debt. Youth summer employment drops from 60 to 46 percent in last decade.

Going to college has always been a dream for many Americans.  Parents have high hopes for their children going to a good school and coming out with a degree that has made them more well rounded as citizens.  But this desire may not be coinciding with the marketing jargon that spews out from the industry.  […]

Jan 25 2012

The great deleveraging event – household debt has fallen 4 percent since recession hit. Household debt has fallen dramatically from the peak when household debt aligned itself with annual GDP.

The debt bubble bursting has jammed the bottom line of American households.  Debt and money are synonymous for many households in our current economy.  The ability to spend, or buying capacity, is looked at in the same light as savings from many in the financial sector.  This is why data recently released shows the balance […]

Jan 21 2012

The catastrophe of our economy for the young American worker. Average college debt higher than typical new automobile cost, annihilation of pensions, and younger Americans moving back home because of financial necessity.

The economy for young Americans might as well be in a parallel universe to the stock market run since early 2009.  Talks of recovery must fall on confused ears as many young college graduates compete for fewer jobs with higher amounts of student debt.  In the last decade college graduates have encountered the highest tuition […]

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