Obviously the Government makes all the rules and can and will change them when it suits their needs. In the most recent ‘adjustment’ The Bureau of Economic Analysis is preparing the change the way GDP is calculated. Apparently the government is not happy with the most recent GDP numbers since they were down.
So now […]
If this projection is even remotely close, we are in for not just Big Government, but HUGE! Deficits, food shortages and all sorts of other almost unbelievable stuff. Read the article here.
Mainstream media reports that the much touted economic recovery just isn’t so for many states. 12 have not recovered the jobs lost and more than 30 face continuing budget deficits. Even Republicans are proposing tax increases to fund the deficits.
Are we surprised by this news? I am not and have been saying for quite […]
The saga continues, illegal immigration leading to more births to more ‘U.S. Citizen’ with loyalty to their own ethnic group. Added on top a bunch of buffoons that are loyal to big corporate interests and/or money and you get what we have today-a complete mess, to put it simply. Read more on illegal immigrant births […]
Recently the CIO (Chief Investment Officer) with Saxo Bank declared that with what he sees as zero growth globally any hike in the Fed Rates would be tantamount to a margin call on the Global Markets! Meaning Sell orders would flood in as everyone tries to cover their debts on their already overleveraged positions. Click […]
The Quantitative easing by the ECB and the recent black swan event of the Swiss Central Bank abandoning their artificial ‘peg’ to Euro is bringing economic woes that rival those seen in 2008/09. Click here to read more.
What North Dakota produces in one day, 1,187,206 barrels of oil (Nov. 2014), the U.S. burns in 81 minutes, and the world in 20 minutes. Not so impressive as the MSM would have you believe. Click here to learn more.
Last week, Louisiana’s poor and terminally ill residents won a surprising victory when Gov. Bobby Jindal (R) announced that his state would not stop providing hospice care to its Medicaid beneficiaries. Unfortunately, that’s about the only piece of good news for low-income Louisianans’ health coverage, as the state is still set to implement massive cuts […]
National Debt click to watch the video. It’s only one minute long and is very good!
I haven’t been posting too much over the past several months as things in our country continue to deteriorate at the usual pace, fast and un challenged!
The economy is fragile and the ‘medicine’ that Ben Bernanke is giving the ‘system’ will soon become the poison–it is inevitable. This is not just me spouting […]