Political scientists at the University at Buffalo and Pennsylvania State University have published new research investigating how partisan differences in macroeconomic policy have contributed to substantial and rising economic inequality in the United States. The negative consequences of such policy decisions, researchers found, have a greater impact on people at the lower end of the economic spectrum, but are “significantly …
Should You Trust Your Bank? 43% Of Americans Don’t. Here’s Why.
If you read between the lines on a recent report from American Express, it looks like more Americans are veering away from the traditional bank savings accounts: A majority consumers say they’ll keep their savings at a local bank (57% vs. 55% in 2014) but more than half of those who keep their savings in cash plan to hide bills in …
Stop The Fast Track To A Future Of Global Corporate Rule
Several major international agreements are under negotiation which would greatly empower multinational corporations and the World Economic Forum is promoting a new model of global governance that creates a hybrid government-corporate structure. Humankind is proceeding on a path to global corporate rule where transnational corporations would not just influence public policy, they would write the policies and vote on them. …
China’s Plan to have an International Reserve Currency linked to Gold
Common wisdom has China as the future model for the Globalist economy. Also, conventional thinking has the Western financial debt created money system as the backbone of the New World Order. The big question is, are both components of the same intentional plan? When China Has Announced Plans For A ‘World Currency’, the world is put on notice that a fundamental …
China’s Gold Strategy: Beijing’s 30,000 Tons of Gold Reserves?
My attention has just been drawn to a note put out by a very well respected analyst and China follower which postulates that China could actually be holding as much as 30,000 tonnes of gold in various government accounts and that within the next three years the nation will link the yuan to gold. The nation’s official holding is only …
The Wolves of Psycho Street: America’s Economic Enslavement by the Psychopathic Corporate Elite
Richard Gale & Gary Null February 24, 2014 Is it only me or is there something fundamentally flawed with the people who are running our government? This includes the thousands of policymakers, opinion leaders, oligarchs, autocrats and technocrats, the hundreds of thousands of bureaucrats and their loyal underlings, including millions within the corporatocracy who facilitate the maintenance of power. Does …
“Gold has never been more Valuable than it is Today!”
While doing an interview a few months back with Turd Ferguson at www.tfmetals.com, he made the comment “gold has never been more valuable than it is today”. This is so true and correct, I’d like to break it down into small pieces because from a historical standpoint there is no comparison to where we are today. OK, I guess it would …
The Shocking Tax Loophole for Corporations that Commit Crimes
“Do the crime, do the time,” the old saying goes. Unless, of course, the criminals are corporate executives. In those cases, the culprits are practically always given a “Get out of jail free” card. Even the corporate crimes that produce horrible injuries, illnesses, death, massive pollution, consumer ripoffs, etc. are routinely settled by fines and payoffs from the corporate treasury, …
Capitalism was supposed to reduce red tape. Why is bureaucracy worse than ever?
Last month, I became a customer of Time Warner Cable, New York’s favorite quasi-monopolistic provider of patchy broadband that’s worse than the internet in Bucharest. Given the firm’s reputation, I was genuinely surprised at how smoothly it all went, up to the point at which I’d entered my debit card details. (I know, I know; in hindsight it seems so obvious.) Then the …
“Core Inflation In The US Would Be Just As Low As In The Eurozone If Measured On The Same Basis”
Anyone with a pulse knows that Europe is stuck in a downturn worse than the Great Depression. Most think that the U.S. has fared better … but that is debatable. Mega-bank Société Générale’s strategist Albert Edwards notes: “Core Inflation in the US would be just as low as in the eurozone if measured on the same basis, despite the US having enjoyed much …