Once upon a time, a single income could easily support a middle class household in most cases, but those days are long gone. The cost of living has…
Continue readingWe are woefully unprepared for a long run of bad luck…
Continue readingThe battle to claw back a significant percentage of the $50 trillion is just beginning…
Continue readingThe banquet of consequences for the Fed, the elites and their armies of parasitic flunkies and factotums is being laid out, and there won’t be much…
Continue readingWhy do we tolerate such a corrupt, undemocratic, exploitive, elite-dominated system? Because we have no other choice? No, we do have a choice…
Continue readingWhile the Fed and the Billionaire Class push the stock market to new highs to promote a false facade of prosperity, everyday life will fall apart…
Continue readingRather than decry austerity, which demands an open political discussion of trade-offs, we should decry inflation’s stealthy reduction of purchasing power….
Continue readingMost Americans don’t seem particularly concerned about this…
Continue readingA fully financialized, totally debt and speculation-dependent economy is terminal once leverage and debt stop expanding exponentially…
Continue readingBetween now and November politicians and political operatives of all kinds will be arguing over this issue, as well as how to “fix” it…
Continue readingSocial media offers hope of achieving higher social status, something that is increasingly out of reach in our winner-take-most economy…
Continue readingThe laughably hopeless hope is that by propping up the corpses, the populace will discern some faint flicker of life and return to their free-spending ways…
Continue readingGiven the extremes of the stock market’s frauds and even greater extremes of wealth/income inequality it has created, tell me again why the…
Continue readingThe bill for extreme wealth/income inequality is now overdue, and the penalties for ignoring the bill will be as extreme as the inequality…
Continue readingRe-opening a fragile, brittle, bankrupt, hopelessly perverse and corrupt “normal” won’t fix what’s broken…
Continue readingDear Corporate America: Maybe you remember the old Johnny Paycheck tune? Let me refresh your memory: take this job and shove it…
Continue readingCycles have aligned and nothing can stop the unraveling of all that was foolishly presumed to be permanent…
Continue readingAny economy that concentrates its wealth and income in the top tier is a fragile economy…
Continue readingMonopolies, quasi-monopolies and cartels are inherently exploitive and thus evil…
Continue readingIt’s not that hard to forecast a populist revolt against the parasitic class that’s grown obscenely wealthy as a direct result of Fed policies.
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