Category Archives: Government

Is the U.S. in an “Everything Bubble?”

The U.S. is experiencing one of the greatest wealth booms in history, but data is making it more clear that it is founded on unsustainable economic bubbles that appear ready to burst in the near future. Source: U.S. Household Wealth Is Experiencing An Unsustainable Bubble

Community Rallies Behind Teen’s Hot Dog Stand for School Clothes

Minneapolis Officials Help Teen Get Permits for Hot Dog Stand How many times have we read about a story in which children tried to experiment with a lemon aid or hot dog stand that was closed down quickly and emotionlessly by cranky neighbors and overzealous city authorities? Sadly, it seems to happen a lot, making […]

Negative Debt Pile Swells By $1 Trillion as Trade Clouds Gather

Bond investors are looking pretty pessimistic on growth. As the U.S. and China move closer to a trade war and the European Central Bank prolongs stimulative rates, traders are piling into the safety of government debt and enlarging the stock of bonds with below-zero yields. In just six days through — Read on finance.yahoo.com/news/negative-debt-pile-swells-1-121743703.html

CEO Of Non-profit Shelter That Called Police On Senator For Trying To Visit Detained Children Paid $770,860

Critics are questioning why the CEO of a Texas nonprofit children’s shelter that called police on Democratic Senator Jeff Merkley for trying to enter the facility, where detained immigrant children are held, is being paid as much as $770,860 a year. The Southwest Key Programs (SKP) center in Brownsville — Read on www.yahoo.com/news/ceo-non-profit-shelter-called-144903701.html

Dalio: Odds increasing for wars

Ray Dalio, Bridgewater Associates founder, recently posted that he is becoming more pessimistic about economic relations between the U.S. and China. Dalio wrote that current geopolitical developments cause him to believe that the probability of trade and other types of wars has increased substantially.   Source: Dalio: Odds increasing for trade wars and ‘possibly even shooting […]

It’s Looking A Lot Like 2008 Now… | Peak Prosperity

Take a look at the above chart and marvel at what ten years of unprecedented money printing can do for an asset market like the S&P 500. The current exponential curve from 2008 makes the previous two market peaks look like molehills next to a mountain. Chris Martenson, founder of Peak Prosperity, takes us back […]

Wealthy Elite Beg Republicans For Higher Taxes?

Since when do people complain about not paying enough taxes? Since a group of about 400 wealthy corporate executives and professionals found solidarity in concluding that wealth inequality in the country has been stretched to the limits and that any further advantages bestowed upon them through Trump’s Tax plan would only exacerbate the problem. Instead, […]

‘Requiem For The American Dream’: A Wakeup Call for the Middleclass

In this 2015 interview renowned intellectual Noam Chomsky reveals the ten principles the wealthy ruling elites have used to acquire the bulk of America’s wealth.  The film was quite prescient in predicting many of the symptoms we have been experiencing since the 2016 presidential election through the first month of the Trump administration, but explains that they have been present throughout […]

Trump is enlisting the rich to help the downtrodden

Donald Trump is assembling a team of elites in the service of populism. That could make him the first “populetist” president.  Can he make the “trickle down” theory work this time?  Check out his appointments and decide for yourself. Source: Trump is enlisting the rich to help the downtrodden