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 […]

May 29 2011

The secretive workings of the central banking syndicate – Federal Reserve balance sheet reaches another record. Fighting monetary inflation by creating it.

Central banks provide a mystical approach to solving economic problems although they were initially created to solve short-term financial panics.  The first central bank was the Bank of England which was established in 1694.  It started out as a private institution but eventually took on a monopoly over all banks in England (all private banks […]

May 26 2011

The brittle financial American middle class – 50 percent of Americans would be in financial trouble if $2,000 of expenses came up in 30 days. By 2020 the world’s richest households will control $202 trillion in wealth, 4 times current global GDP.

This economic recovery has excluded working and middle class Americans which begs the question, what really defines a financial recovery?  In past and distant recoveries the economic gains were widely distributed amongst all Americans.  Most realize that income gains will never be equal simply because in a market based economy those with certain desirable skills […]

Apr 25 2011

The financial tipping point of peak debt – Total credit market debt owed increased from $28 trillion in 2001 to over $52 trillion in 2011. Household debt contracting while Fed juices up the banking sector with more debt.

At the dark heart of our financial dilemma is debt.  Too much debt was used to bolster households during the real estate bubble and now too much debt is being used by the government to bail out the financial sector.  Is there a tipping point in the amount of debt the American economy can shoulder?  […]

Apr 19 2011

Casino economics and tax myths – media forgets that people pay sales, property, Social Security, and Medicare taxes. How the financial class robs from the American people legally.

As tax day passes us by, many in the public are realizing that the extremely wealthy especially in the financial industry know something they don’t.  What they are finding is that the financial industry has access to massive government bailouts and in many cases does not pay their fair share of taxes.  Like Atlas holding […]

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