Feb 5 2011

Economic chicanery – Social Security financial headwinds, another 395,000 Americans added to food stamp assistance in latest month of data, and manipulating the unemployment rate.

The dichotomous American economy is cracking like old paint into two distinct factions.  For a few solid decades after World War II we had a burgeoning middle class, a smaller financial elite, and those who still struggled financially.  The main objective however was to get as many people into the secure middle class.  Today the […]

Jan 27 2011

Federal Reserve openly aiming for inflation – The Fed looks for a sequel in punishing the U.S. dollar and hopes to inflate debt and the middle class away.

The Federal Reserve has painted itself into a very narrow and troubling corner for most of working and middle class America.  The massive debt problems on hand have no realistic way of being paid off and the best path in the eyes of the Federal Reserve is to slowly inflate away the currency and debt.  […]

Jan 20 2011

How the financial elite have dismantled the American middle class – top 1 percent share of wealth at levels not seen since the Great Depression. Goldman Sachs offering average bonuses of $430,000 while a record 43,200,000 Americans receive food stamps.

The U.S. economy is now operating like a finely tuned engine bent on dismantling the middle class and protecting the tiny elites in our nation that have learned to manipulate both political parties to their financial benefit.  This did not occur over night but started in the 1970s when the U.S. government and investment banks […]

Jan 13 2011

The road least pillaged – S&P 500 up 90 percent from bottom but housing values down 30 percent nationwide. Wealthy store most of their wealth in stocks while most Americans have their net worth in housing. 2010 record year in foreclosures and the upcoming lost decade in housing.

There are few investments in the US that are so heavily subsidized like housing.  Residential and commercial real estate included benefit from favorable government policies to increase demand.  Some of these policies may have merit but a large part of the housing market has been injected with so many perks that the true value of […]

Jan 6 2011

FDIC and US banking industry continued insolvency – 11 percent of US banks are labeled as troubled financial institutions. CEO on the record of exporting American middle class.

The US banking system is largely a system based on consumer confidence.  You would require the confidence of Zeus if you had $13.3 trillion in assets backed by an FDIC Deposit Insurance Fund (DIF) that is practically insolvent.  Even as the stock market solidly recovers to the green the state of the average American’s financial […]

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