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In San Bernardino County, for example, with its population of two million the number of SNAP recipients has now crossed the 300,000 level. Yes, a full 15% of that county is now on food stamps.
Overall, selling by S&P500 insiders was 8,279.5x times greater than buying
America's Going Fascist, Gerald Celente on the corporate state and its enablers. An interview with Lew Rockwell - Ron Paul Is the Man
Federal authorities, capping a three-year investigation, are preparing insider-trading charges that could ensnare consultants, investment bankers, hedge-fund and mutual-fund traders, and analysts across the nation, according to people familiar with t
Hunter S. Thompson's Last Stand - Standing Up to the TSA - Europe and the World Would Be Better Off, If the Irish government and banks went bankrupt, says Jim Rogers - Want To Move to Mexico?
Food stamps - the only thing keeping 43 million Americans from going postal." Hopefully the end of extended unemployment benefits coming December 1 won't be that first one additional straw on the camel's back that leads to a full blown fracture.
Federal Reserve Chairman Bernanke hit back at critics, both at home and abroad, who have challenged the central bank's $600 billion bond-purchase program. Congress must help support the Fed's program with further stimulus aid. He warned China
A remarkable confluence of recent events has brought unprecedented but very welcome attention to both U.S. monetary policy and the global political economy in general.
Today, the debts do not involve liens against crops. People in modern America carry student loans, credit card debt, and mortgages. All of these are hard to pay back, often bringing with them impenetrable contracts and illegal fees.
Falling prices for new and used vehicles, apparel, recreation and tobacco kept the index low. But shelter and medical care costs rose, and gasoline prices are up 9.5% over last year.
Analysis of weekly unemployment data and covered employees shows that 5,977,844 benefit paying jobs have been lost in the last year.
In fact, Whalen thinks that California will default on its debt--hammering all the pension funds and other investors who have loaded up on apparently safe state bonds.
... for all us dummies
In September 2010, employment was 139,391,000. In October 2010, employment was 139,061,000. That is a loss of 330,000 jobs in October, a loss even the BLS recognizes. Meanwhile the president is crowing about an alleged gain of 151,000 jobs.
Banks problems may become impossible to hide in 3-6 months. They are passing around the losses trying to hide the truth. Banks made their earnings in the recent quarter by taking down reserves.
The consumer's wallet is snapping shut as it's empty, and as a consequence the chain backward from the retailer to the manufacturer is slowing. In addition unfilled orders have collapsed to -24 as manufacturers empty their inventory pipeline...
The remarkable confluence of recent events has brought unprecedented but very welcome attention to both U.S. monetary policy and the global political economy in general. First, Federal Reserve Board Chairman Ben Bernanke recently announced
A recent Harris Interactive survey found that a good 22 percent of consumers either scaled back their cable service or canceled it completely in the last six months, and an additional 21 percent gave the idea serious thought.
The government changed the "seasonal adjustment" it made to the payroll numbers--and, in so doing, boosted the number of "jobs" created in October by 100,000.
Got Silver?
National Inflation Association preparing Americans for Hyperinflation
Entered By: Powell Gammill
The world's largest retailer just completed a confidential study that's revealed inflation has already heated up. This information is counter-intuitive to the second quantitative easing (QE2) strategy that Federal Reserve Chairman Ben Bernanke is p
Jesse goes inside the secret billionaire’s boy’s club to find out what caused the financial meltdown and how the group allegedly continues to manipulate and control the stock market and oil, gold and silver prices. From Wall Street to Washington, the
Whether it's how much you'll pay for home heating oil or a loaf of bread, don't believe the non-hype: Even if traditional measures of consumer prices aren't yet showing major increases, consumers know what they see.
Everything is going to Hell.
Ever since President Obama took office, his proposed public policies have been defended doggedly by all those who favor an increasing large scope for the federal government.
Get this idea out of your heads! Gold is finished. It's nonsense. Only more fiat money can save us.
His harshest critic on Capitol Hill, Rep. Ron Paul of Texas, is about to become one of his overseers.
TSA TSA TSA
Obama's Robin Hood economics
