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Gasoline costs take biggest share of household income in three decades - The Hill's E2-Wire
Trips to the gasoline pump in 2012 and 2008 took their biggest share of U.S. household income in several decades, according to the federal Energy Information Administration (EIA).
Argentina Freezes Supermarket Prices To Halt Soaring Inflation; Chaos To Follow | Zero Hedge
Up until now, Argentina's descent into a hyperinflationary basket case, with a crashing currency and loss of outside funding was relatively moderate and controlled.
Casey Research: “There’s a Nationalization of Global Resources Occurring Now”
As economic conditions around the globe deteriorate and super powers vie for military, political and financial position, governments are increasingly putting their focus on the acquisition of resources.
Shocking Numbers That Show The Media Is Lying To You About Unemployment In America
Did you know that the percentage of the U.S. labor force that is employed has continually been falling since 2006.
15 Signs That You Better Get Prepared For The Obama Recession Of 2013
You better get ready, because there are a whole host of signs that economic trouble is on the horizon. U.S. economic growth slipped into negative territory during the fourth quarter of 2012.
Who Runs The World? Solid Proof That A Core Group Of Wealthy Elitists Is Pulling The Strings
Most of us tend to think of money as a convenient way to conduct transactions, but the truth is that it also represents power and control.
Nearly Half Of American Households Are 1 Emergency Away From Financial Disaster, Report Finds
“These are households and individuals that are living paycheck-to-paycheck. And without savings, you’re one misstep away from financial disaster,”
Senior Obama Official: "We Are Going To Kill The Dollar"
When I asked a senior member of the Obama administration last week, ‘How are we going to grow exports if we won’t allow nominal wage deflation?’
He says, ‘we’re just going to kill the dollar.’
US Banks Suffer Huge Deposit Withdrawals
The US Federal Reserve is reporting massive deposit withdrawals from US Banks. The national banking system hasn’t seen such an immense fund outflow since 9/11.
CEO of JPMorgan says you don’t need to know how banking works, it’s like an airliner engine, too complex to explain, just shut up and pay us
Jamie Dimon in Davos Switzerland today explaining why people don’t need to know what’s going on in the banking world. It’s too “complex.” Just know that their fee comes from managing this ball of financial confusion. And that’s all you need to know
35 Statistics About The Working Poor In America That Will Blow Your Mind
In America tonight, tens of millions of men and women will struggle to get to sleep because they are stressed out about not making enough money even though they are working as hard as they possibly can. They are called "the working poor", and their numbers are absolutely exploding.
First Shots Are Fired in Global 'Currency War'
Faced with a stubbornly slow and uneven global economic recovery, more countries are likely to resort to cutting the value of their currencies in order to gain a competitive edge
Ben Bernanke: Get rid of the debt ceiling, it has no practical value
Federal Reserve Chairman Ben Bernanke criticized the debt ceiling as an unusual device that can be used to prevent the United States from paying it’s bills, as he suggested that the country would be better off if the debt limit did not exist.
Hannity foresees states leaving union if federal government continues ‘radicalized, abusive’ pattern
On his Friday radio show, conservative talker and Fox News host Sean Hannity warned that the United States may fall apart if tax rates remain high.
Happy New Year Middle Class: The Fiscal Cliff Is Going To Rip You To Shreds
The middle class has quite a gift welcoming them as the calendar flips over to 2013. Their payroll taxes are going to go up, their income taxes are going to go up.
What In The World Are Barack Obama And John Boehner Thinking?
Barack Obama and John Boehner both seem absolutely determined to drive U.S. government finances off a cliff. The mainstream media would have you believe that there are vast ideological differences between the two of them and that they are bitter enemies, but that is simply not the case.
Quantitative Easing Benefits the Super-Elite
The Fed has just announced its fourth round of “quantitative easing”. While the mainstream financial press pretends that quantitative easing is a “liberal” economic policy, nothing could be further from the truth.
QE 4: Folks, This Ain't Normal - What You Need To Know About The Fed's Latest Move
The Fed's recent decision to boost its monetary stimulus (a.k.a. "money printing," "quantitative easing," or simply "QE") by another $45 billion a month to a combined $85 billion per month demonstrates an almost complete departure from what a normal person might consider sensible.
15 Signs That The Economy Is Rapidly Getting Worse As We Head Into 2013
How can the mainstream media claim that the U.S. economy is "improving" when it is painfully obvious to anyone with a brain that the middle class is being absolutely eviscerated?
From Good Jobs To Bad Jobs To No Jobs - The Tragic Downfall Of The American Worker
There was a time in America when virtually anyone that wanted a job could go out and get one and the United States boasted the largest and most prosperous middle class in the history of the world
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