Category Archives: Government

Wall Street whiplash: Stocks’ volatility looks here to stay

Recent volatility in equity markets has sparked concern among investors as they have watched all of 2018’s returns vanish without a trace. This has been particularly nerve-racking for new investors who entered the market after the Great Recession and have never experienced a bear market or even a major correction for that matter. They have […]

Climate change will shrink US economy and kill thousands, government report warns – CNN

At a time when many Americans are distracted on a long holiday weekend, the Trump administration released a federally mandated report on climate change that delivers a dire warning about climate change and its devastating impacts on the country’s health and economy. — Read on edition-m.cnn.com/2018/11/23/health/climate-change-report-bn/index.html

What Everyone Gets Wrong About the Homeless

Mark Anthony DiBello, a homeless man, tells about his experiences on the street and about the misconceptions people have about him and others like him. He said that most homeless are not there by choice, but by unfortunate circumstances. Some, like him, were once regular citizens and even have university degrees. Source: I Used to […]

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, […]