Blog Archives

Electronic Currency Recommended to “Help Economy”; Just Say No!

credit cards

Forcing us to exclusively use electronic currency and banning cash is an insane proposal. The mind boggles that anyone could seriously think this is a good idea, but here is Jim Leavis advocating it in the Telegraph: A proposed new

Posted in Economy, Government Control Tagged with: , ,

French Legislature: Stores May Only Hold 2 Sales a Year

french socialism

Stores have been forbidden by the French legislature from having more than 2 sales a year. The sales must not last more than six weeks. The news is bad but it is even worse when you learn that the only reason

Posted in Business, Economy, Government Control Tagged with:

Downgraded Chicago: The City Is Officially Junk

key-ring-chicago

Moody’s has officially downgraded Chicago bonds to the status of junk bonds. Regular readers might remember that back at the end of February I wrote about how Moody’s downgraded Chicago’s bonds to two steps above junk. Nothing has really changed

Posted in Corruption, Debt, Economy Tagged with: , , , , ,

Driving While Poor Is Dangerous

driving while poor

Whether or not race is also a factor, driving while poor can destroy your life whether you are black, white, Hispanic, or other. I consider it a triumph of reality over myth that the picture used to illustrate this Yahoo

Posted in Economy, Law Enforcement Tagged with: ,

Once Again, Labor Force Participation Rate Sinks to Record Low

people not in labor force

More people are not part of the labor force than has ever been the case since 1977. Why do we keep blogging about this story in 2012, 2013, 2014, and now? Because the labor force participation rate keeps getting worse!

Posted in Economy, Employment, Jobs Tagged with: ,

Black Families, Poverty, and the Barack Obama Regime

poverty rate black married

How have black families fared financially under the Barack Obama Administration? Not well. A couple of days ago I read a fascinating column by Thomas Sowell over at LewRockwell.com: “Race, Politics, and Lies.” Among the many painful ironies in the

Posted in Economy, Family, Marriage, Racism Tagged with: , ,

One Fourth of Americans Have No Emergency Fund

bankruptcy

While many Americans report suffering financial emergencies, a sizeable number have no emergency fund saved up. It seems like I post a story about this every other month because new studies keep coming out that set forth the same depressing

Posted in Debt, Economy Tagged with: ,

Obamacare Spending Is Consuming the Economy

money vortex

While GDP barely improved, Obamacare spending has exploded. As I mentioned recently, mainstream news outlets are admitting that the economy is grinding to a halt. A Washington Post article revealed that the economy only grew a fifth of a percentage

Posted in Economics, Economy, Healthcare, Obamacare Tagged with: , ,

Economy Grinding to a Halt

Urkel Obama economy

New reports show an economy grinding down to nearly a full stop in growth. How soon until we get recession? It has been about a month since I posted about how mainstream sources are admitting that “the economy is sinking.”

Posted in Economy Tagged with: ,

No, Harry Reid, Crushing Poverty Does Not Cause Violence

poverty etc

Harry Reid thinks crushing poverty explains the violence of the riots—though he is quick to say he does not condone the violence. Before I explain how wrong he is, let me first thank Harry Reid for bringing up justice reform

Posted in Crime, Economics, Economy, Email Featured, Poverty, Welfare Tagged with: , ,

Are We about to Enter Interesting Times?

Wargames movie image

I was thinking we could make it to 2017-2020 before experiencing Interesting Times. But now I wonder… The endgame for Greece in the Euro has arrived. Russia and perhaps even China are rumored to be ready to swoop in, providing

Posted in Banks, Economy, Federal Reserve, Foreign Policy, War Tagged with: , , ,

Slaves Liberated from Walmart. Where’s the Celebration?

Walmart trying to repel looters

Suddenly thousands of employees were liberated from Walmart oppression. Why aren’t they happy? From Business Insider: “Wal-Mart suddenly closed 5 stores and laid off thousands of workers and no one knows why.” Wal-Mart suddenly closed five stores in four states

Posted in Business, Economy, Employment, Jobs Tagged with: , ,