Apr 24 2016

Crony capitalism and the rigged system: 0.01% of households gave 33% of money raised by political parties and Congressmen. Most members of Congress are millionaires.

The system is rigged.  Like a carnival game, the odds are against you.  This isn’t something that started this year or last, but has been going on for many decades.  As long as the media was controlled in a few hands the propaganda kept most of the public in the dark.  People now have the […]

Sep 27 2015

The failed recovery in 9 charts: 9 charts highlighting the lackluster performance of the economy.

The mainstream press simply measures a recovery by looking at the stock market even though very little of the gains here are trickling down to regular families.  It should be noted that many Americans are frustrated with the economy because to them, it still feels like a recession.  Low-wages permeate the landscape, housing costs are […]

Mar 15 2015

The next bailout will be with student loans: White House takes first steps in allowing a bankruptcy option for student debt. $1.2 trillion in student debt outstanding.

It truly is absurd when you hear people moralizing that people should pay their student debt when virtually every other debt class can be discharged through bankruptcy.  You can go to Las Vegas, run up $50,000 in credit card debt for a wild night, and if you are unable to pay it back, no problem.  […]

Dec 13 2014

Cronyism and ensuring American taxpayers bailout the finance industry during the next crash: Nostradamus like spending bill will ensure big banks never fail with your money.

Do you smell what is in the air?  Pine trees?  No.  Something with a more pungent smell.  There is a wonderful whiff of cronyism floating around Washington D.C.  In the latest government kabuki theater there was some interesting items being passed.  There were major protections given to banks should trillions of dollars in derivatives blow […]

Oct 15 2014

The stock market correction has arrived: Massive global volatility, central bank wizardry, geo-political instability, and people finally realizing how overvalued the market has become.

The stock market is finally reflecting the true nature of the global economy. There is massive geo-political instability, central bank double-speak, and a growing trend of low wage labor. In the US, it is no surprise that subprime auto debt has grown at an outstanding pace simply because people are too broke to finance a […]

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