Economy

In 1 Out Of Every 5 American Families, Nobody Has A Job

April 24, 2016

Email this pageSubmitted by:  Veronica Coffin   Written by:  Michael Snyder If nobody is working in one out of every five U.S. families, then how in the world can the unemployment rate be close to 5 percent as the Obama administration keeps insisting? The truth, of course, is that the U.S. economy is in far […]

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Federal Reserve: JP Morgan’s bankruptcy plan threatens America’s financial stability

April 22, 2016

Email this pageSubmitted by:  Veronica Coffin   By Dr. Eowyn Financial observers have been sounding the alarm on the U.S. banking system. But a recent letter from the Federal Reserve to JPMorgan Chase, the largest U.S. bank, should impress on skeptics the gravity of the situation. In an April 12, 2016 letter to JPMorgan Chase‘s […]

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David Stockman: Wall St.-Washington establishment petrified by Donald Trump

April 7, 2016

Email this pageSubmitted by:  Veronica Coffin Written by Dr. Eowyn David Stockman, 69, is the former Director of the Office of Management and Budget (1981-85) in the Reagan Administration. In his article of April 4, 2016, “Trump Unbound,” Stockman explains why Trump petrifies the money-political establishment. In short, it’s because he speaks the truth about the U.S. economy. […]

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21 New Numbers That Show That The Global Economy Is Absolutely Imploding

February 17, 2016

Email this pageSubmitted by:  Veronica Coffin   Written By Michael Snyder After a series of stunning declines through the month of January and the first half of February, global financial markets seem to have found a patch of relative stability at least for the moment.  But that does not mean that the crisis is over.  […]

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If The American Dream Is To Own A Home, Then It Hasn’t Been In Worse Shape Since 1967

July 29, 2015

Email this pageSubmitted by:  Veronica Coffin Written by Michael Snyder Thanks to the “Obama recovery”, the rate of homeownership in the United States has fallen to the lowest level in 48 years.  The percentage of Americans that own a home is widely considered to be a key indicator of the health of the middle class, […]

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Shocker: Minimum Wage Hikes Gutted Over 700,000 Jobs In 2013

July 26, 2015

Email this pageSubmitted by:  Veronica Coffin Written by Matt Vespa Are liberals better at economics or are they just more adept at selling ideas that drive purely on emotion? Increasing the minimum wage is a perfect example. Raising it increases the living standards for those who struggle earning such a wage, and those who are […]

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As politicians hike up minimum wage, robots threaten to displace fast-food workers

July 17, 2015

Email this pageSubmitted by:  Veronica Coffin Written by Dr. Eowyn CNBC reports that fast-fooder McDonald’s continues to tank. The 6-month outlook for McDonald’s franchisees is at an all-time low, according to a survey by restaurant industry analyst Mark Kalinowski. Some 29 franchisees, who collectively own and operate 208 McDonald’s restaurants in the United States, were asked to give […]

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CBO: Debt Headed to 103% of GDP; ‘No Way to Predict Whether or When’ Fiscal Crisis Might Occur Here

July 12, 2015

Email this pageSubmitted by:  Veronica Coffin Written by DCG   CNSNews: Testifying in the U.S Senate on Thursday, Congressional Budget Office Director Keith Hall warned that the publicly held debt of the U.S. government, when measured as a percentage of Gross Domestic Product, is headed toward a level the United States has seen only once in […]

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2/3 of Puerto Ricans may flee to U.S. and overwhelm govt services

July 2, 2015

Email this pageSubmitted by:  Veronica Coffin By Dr. Eowyn Puerto Rico is an incorporated U.S. territory in the Caribbean with a current total population of around 3.6 million people, 12.5% of whom are black or sub-Saharan African. As such, people born in Puerto Rico are natural-born citizens of the United States. Three days ago on June […]

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Why Mexico is winning the auto jobs war

June 23, 2015

Email this pageThe U.S., Canada and Mexico are united under NAFTA but fierce rivals in the boardroom to win automotive investment and jobs. Submitted by:  Veronica Coffin By Alisa Priddle and Brent Snavely, Detroit Free Press Mexico is the auto industry darling, Canada is struggling to retain a manufacturing footprint, and the U.S. is a […]

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The Fat Lady Hums A Few Notes

June 7, 2015

Email this pageSubmitted by:  Veronica Coffin By: Terresa Monroe-Hamilton Amidst all the other emergencies, real and concocted here in the US, one has gone almost virtually unnoticed. But it’s a kicker. The Bird Flu is sweeping the country like wildfire and has now killed 45 million chickens and turkeys here in the US… 20 million […]

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Why the $5.7 Billion Dollar Fine on Big Banks Is Actually a Joke

May 23, 2015

Email this pageSubmitted by:  Veronica Coffin By Carey Wedler On Wednesday, the Justice Department announced that 5 major banks will be fined a total of about $5.7 billion. The banks plead guilty to manipulating global currency and interest rates as far back as 2007. Citigroup, JPMorgan Chase, Barclays the Royal Bank of Scotland, and Swiss […]

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Extreme Secrecy Erodes Support for Obama’s Trade Pact

May 6, 2015

Email this pageSubmitted by:  Veronica Coffin   By: Brent Parrish Extreme secrecy is beginning to erode support for Obama’s trade pact—specifically, the Trans-Pacific Partnership (TPP). Via Politico: If you want to hear the details of the Trans-Pacific Partnership (TPP) trade deal the Obama administration is hoping to pass, you’ve got to be a member of […]

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Massachusetts schools ask 12-year-olds if they’ve had anal or oral sex

May 6, 2015

Email this pageSubmitted by:  Veronica Coffin Across Massachusetts – and across America – thousands of schoolchildren are given sexually graphic, psychologically intrusive surveys by the public schools without parents’ knowledge. These surveys also ask youth to reveal their criminal activity, personal family matters, and other intimate issues. This is done in the public middle schools […]

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Obama’s Economic Disaster

May 6, 2015

Email this pageWhen you get beyond the rosy headlines, you get a picture of America in economic distress that is largely going unreported. It hasn’t been this bad since the end of WWII Submitted by:  Veronica Coffin By Alan Caruba Commenting on the rioting in Baltimore, the Wall Street Journal’s Daniel Henniger was almost to […]

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Obama’s Trade Deal With Communist Vietnam and Muslim Brunei

May 3, 2015

Email this pageSubmitted by:  Veronica Coffin By: Cliff Kincaid, America’s Survival Kevin Kearns, president of the U.S. Business & Industry Council (USBIC), is interviewed about whether the Republican-controlled Congress will pass President Obama’s Trans Pacific Partnership. USBIC is a national business organization advocating for domestic U.S. manufacturers since 1933. He says previous trade deals have […]

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