HOW INFLATION IS KILLING ME
( life / money / economy )
I am a small, semi-retired farmer. Only 30 acres and 10 mother cows. My wife still has a couple years to work. We have been looking forward to this time of our lives since we got married 46 years ago.
Things are so bad here that what we used to take for granted has now become a luxury. We have one of the best restaurants in the whole area j... read more
DEATH BY A THOUSAND CUTS
( life / money / economy )
Hacked pipeline still causing problems, but now the I-40 bridge over the Mississippi is closed, as well as the Mississippi itself. See zerohedge.com/markets/discovery-massive-bridge-crack-forces-us-coast-guard-close-portion-mississippi-riverCoast Guard close portion of Mississippi-River ... read more
ANDREW TORBA: TIME TO BUILD OUR OWN ECONOMY
( life / money / economy )
The oligarchs believe they have destroyed American Populism by rigging an election, removing the movement's leader from public view, and by forcing everyone to stay locked inside for a year while the country burns down around us all. They think they have won and want to define 'New Normal' under their rule as they con... read more
WHO WANTED LOCKDOWNS?
( life / money / economy )
This virus is not Ebola and it has come nowhere near approaching the death rates associated with H1N1 of 1918. By some measures, it's not been as deadly as 1957-58, a virus that came and went without much public attention at all. New pathogens are part of life, and there was and is nothing particularly unusual about this one.... read more
THREE WAYS TO PUT AMERICA BACK TO WORK
( life / money / economy )
opednews.com/articles/Three-Ways-to-Put-America-by-Chaz-Valenza-100905-980.htmlThree-Ways-to-Put-America In theory The Great Recession is history, but for those of us who live and work on Real Street the carnage and horror continues. On Real Street, outsid... read more
SCREW ECONOMIES OF SCALE
( life / money / economy )
As I've said before, this country needs a new (or maybe just an enforced) u-s-history.com/pages/h760.htmlSherman Antitrust Act that will limit the size, influence and control of any one corporation.Having more companies means more jobs and, most importantly, more competition. Even the elites (a... read more
THE VIRTUAL RECOVERY
( life / money / economy )
...the low 2011 real median household income is the summation, in most cases, of two household earners, whereas in 196768 one earner could produce the same real income. As Nobel economist Gary Becker, my former colleague and Business Week columnist, pointed out, when both husband and wife have to work in order to maintain the ... read more
QUANTITATIVE EASING EXPLAINED
( life / money / economy )
The truth about quantitative easing. I just watched this again and laughed my a$$ off. Now with a ridiculous 5.2 million views on YouTube. : dailybail.com/home/absolute-genius-make-this-go-viral-quantitative-easing-expla.htmldailybail.com ... read more
THE 1930S CHICAGO PLAN VS THE AMERICAN MONETARY ACT
( life / money / economy )
If the purpose of money and credit were to discourage the exchange of goods and services, to destroy periodically the wealth produced, to frustrate and trip those who save, our present monetary system does that most effectively!... read more
MADE IN AMERICA NO LONGER
( life / money / economy )
American as apple pie items that are no longer made here: businessinsider.com/19-iconic-products-that-america-doesnt-make-anymore-2010-11?op119-iconic-products-that-america-doesnt-make-anymore Another American icon has bit the dust: Pontiac. GM is canceling the 84-year-o... read more