Blog Archives

Finally Admitted: The Economy Is Sinking

dollare airplane crash

The “experts” have finally admitted that the Obama recovery isn’t really happening. We have been hearing for months now about how the economy has “finally turned around.” We knew in our hearts that wasn’t true. And now the economic indicators

Posted in Economy Tagged with: ,

Support for Big Business Means Opposing Free Markets

Hollywood Sign

Why won’t Republicans oppose those in Big Business who hate them? I don’t necessarily support the packaging of this essay at USA Today, but he makes some devastatingly good points I’ve tried to emphasize over and over in discussing things

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

"Patiently" Killing Capitalism in America

fed reserve

Wednesday morning I checked the Dow Jones Industrial Average, and it was down just over triple digits. It stayed underwater all the way through lunch too. Then, miraculously, about 1:30 pm, it took off like a rocket, swinging 350 pts

Posted in Banks, Economy, Federal Reserve Tagged with: , ,

Target Raises Wages because of Market Pressure, not Politics

target dog

Should activists congratulate themselves when Target raises wages? Not much. Target stores have announced that they are raising their lowest wage to nine dollars an hour. Since the story at the Wall Street Journal site is tucked behind a paywall,

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

The Politics of Covetousness

debt

It is widely known that Americans are spending themselves into debt slavery. For example, Bloomberg business reported last September that consumer debt was at an all time high of $3.2 trillion with credit cards and auto loans leading the pack.

Posted in Christianity, Debt, Economy, Ethics Tagged with: , ,

National Economy Run by an Unelected Committee?

yellen

What kind of democracy is supposed to have a national economy completely at the mercy of an unelected committee? Last night, this story at Bloomberg.com was featured in the Drudge Report, under the headline “Confusion,” with a pretty unflattering picture

Posted in Banks, Constitution, Economy, Federal Reserve, Government Control Tagged with:

Our Fiscal Gap Is Large Enough to Swallow Us

money vortex

We have been warned yet again about the fiscal gap that is widening every second as this country continues to borrow and promise. You’ve been reading about the financial crisis in Greece. Get it clear: the United States is very

Posted in Debt, Economy, Spending Tagged with: ,

What Would Happen If the One Percent Disappeared?

barack obama one percent

If the one percent are such a drain on the economy, why not just send them away? The Daily Signal posted a great essay on the nonsense about having government address “income inequality.” Dave Azerrad writes: “Here’s a Way to

Posted in Economy, Politics Tagged with: ,

Could a Bad Economy Cause Death by Loneliness?

HealthCareCosts

Health experts are saying that loneliness is a health hazard. A bad economy can encourage loneliness. I have written before about how our current poor economy (whether officially in recession or not) can have long term consequences that cause further

Posted in Economy, Family, Healthcare Tagged with: ,

American Economy “Unexpectedly” Bad

Economy Flag

Economists are “surprised” that American economy is doing so poorly. I think the best way to read economic news is to put some words in quotation marks, implying sarcasm. Our economists operate on the premise that they want to boost

Posted in Economics, Economy Tagged with:

Greece Will Never Repay Money but Germans Won’t Admit It

Crashing Europe Graphic

It is simply a fact that Greece will never repay its debts because it cannot do so. But the Germans are angry at anyone who tells the truth. Such a great laugh—the game is up! From ZeroHedge.com: “Germans Furious After

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

Economist: The American Fiscal House Is Ready to Fall

fiscal cliff_02

The fiscal situation in the United States might be worse than Greece. Some pretty dire testimony before Congress was reported by CNS News: “Economist Tells Congress: U.S. May Be in ‘Worse Fiscal Shape’ Than Greece.” The U.S. has a $210

Posted in Economy Tagged with: ,