Bernanke: We Don't Have 'Tools' to Offset 'Fiscal Cliff' Dive
• http://www.dailypaul.com, by P.Au.LBernanke: We Don't Have 'Tools' to Offset 'Fiscal Cliff' Dive
Contents Pages by Subject
Economy - Economics USA
Small independents try to compete with big box retailers for Black Friday business
• The Christian Science Monitor via RawStory.comFrom midnight on Thanksgiving night until 3 a.m., Julia Dvir’s store, “The Closet,” will further discount her jewelry, hats, belts, and purses (already 40-60 percent off).
Why Black Friday 2012 is giving shoppers and stores an extra gift
• Ron Scherer via TheChristianScienceMonitorBlack Friday falls falls early in the calendar this year, which means retailers have more opportunity to make sales and shoppers have more time to do last-minute shopping.
U.S. stocks rally on Black Friday sales
• RawStory.comUS stocks rallied Friday on signs that the holiday shopping season was off to a good start, with Walmart calling it the “best ever” Black Friday.
Two people shot amid Black Friday shopping violence
• Arturo Garcia via RawStory.comPolice in Florida are still looking for the person who allegedly shot two people at a Walmart in Tallahassee, the most serious reported instance of violence in the midst of the “Black Friday” holiday shopping maelstrom.
Walmart.com CEO: We Embrace Showrooming
• Marcus Wohlsen vIa WIRED.comIt’s the scourge of stores everywhere: “showrooming,” the act of going to a store to see and touch a product, then using your phone to find and order the same item for a lower price online.
Economic IQ test:
• http://www.prisonplanet.com, Mike AdamsThe U.S. federal government is over $16.2 trillion in debt. But that doesn’t really matter, we’re told, because the Federal Reserve — a private banking monopoly — can create an unlimited quantity of dollars to keep buying up the U.S. debt. This is ca
One Look At This Chart, And You'll Instantly Get Why We Can't Fix The Tax Code
• http://www.businessinsider.com, Joe WeisenthalHey, let's just simplify the tax code and eliminate loopholes.
Detroit mayor announces furloughs to avoid bankruptcy
• Christian Science MonitorIn order to make up for a $30 million shortfall Detroit announced city employees will take unpaid furloughs and they would implement “other cost-savings actions” starting the first of January. “... revenue-generating departments are not impacted
Host:
Ernest Hancock
11-23-12 - Jeff Deist (Ron Paul's Chief of Staff) on Dr. Paul's future activism (MP3 & Video LOADED)
Program Date:Jeff Deist (Ron Paul's Chief of Staff) talks about the future of the r3volution and Ron Paul's activism in 3rd Hour - Ernest Hancock goes over the Freedom's Phoenix Headline News; provides an update on the 'Battery Project'
Higher retail wages would lift Americans out of poverty, boost economy
• Kay Steiger via RawStory.comA new study released by the progressive think tank Demos on Monday estimated that if retail workers were given a living wage, hundreds of thousands of Americans would be lifted out of poverty and the wage boost would significantly bolster the economy
Poll: Americans to spend 3 to 4 percent more on holiday shopping this year
• RawStory.comAmericans are likely to spend between three and four percent more on their holiday shopping this year than last, in an apparent sign of increased consumer confidence, according to a survey published Wednesday.
Federal Workers to Congress: Leave Us Out of Deficit Deal
• .The Federal-Postal Coalition representing 24 federal employee unions -- pleaded with Congress to spare their members in any deal related to the "fiscal cliff." Federal workers have contributed more than their fair share toward reducing the debt
Tablet Makers Pursue Public Schools
• Rachel Metz via TechnologyReview.comHigh schools, grammar schools, and kindergartens are a large and growing market for Apple’s iPad.
Steve Keen On Capital Account w/Lauren
• http://market-ticker.org, by Karl DenningerHoh hoh hoh... "Debt-financed consumption does not build productive capacity."
The Rule of the Downside
• http://www.thedailybell.com, by Bill BonnerEnergy is a good thing. But it is as obedient to the law of Declining Marginal Utility as everything else.
Forecast Through 2050 Is The Most Depressing Forecast You'll Ever See
• http://www.businessinsider.com, Sam RoJeremy Grantham's US Economic Growth Forecast Through 2050 Is The Most Depressing Forecast You'll Ever See
Bernanke steps up warnings over fiscal cliff
• RawStory.comFed chairman Ben Bernanke stepped up his warnings Tuesday over the looming “fiscal cliff,” saying its mandatory tax hikes and spending cuts posed a “substantial threat” to US economic recovery.
New York sues Credit Suisse over mortgage securities
• RawStory.comThe state of New York sued Credit Suisse for fraud Tuesday over the sale of questionable mortgage securities that dealt buyers $11.2 billion in losses in the US housing meltdown.
Regime Uncertainty: Some Clarifications
• http://chrisinmaryville.net/Private investment is the most important driver of economic progress. Entrepreneurs need new structures, equipment, and software to produce new products, to produce existing products at lower cost, and to make use of new technology that requires embo
New Technologies Drive Oil Boom in U.S.
• http://www.technewsdaily.com, Jesse EmspakOil production in the U.S. is increasing, often driven by new ways of getting the black stuff out of the ground.
The Twinkie Manifesto
• http://www.nytimes.com, By PAUL KRUGMANThe Twinkie, it turns out, was introduced way back in 1930. In our memories, however, the iconic snack will forever be identified with the 1950s, when Hostess popularized the brand by sponsoring “The Howdy Doody Show.”
Headhunter Tells Us Which Jobs Will Be Huge In 2013
• http://www.businessinsider.com, Vivian GiangWith the presidential elections over, companies now have a better idea of how to move forward with their hiring plans.
CHART: This Has Been One Of The Worst Post-Election Sell-Offs Ever
• http://www.businessinsider.com, Sam RoThe stock markets are rallying today. But they're still a long way from recovering the gigantic losses they've experienced since the election.
Host:
Ernest Hancock
11-20-12 -- Brock Lorber In Studio - (Video & MP3 Loaded)
Program Date:Brock Lorber (BlackAndYellowPages.Com) Economist, friend, r3VOLutionary... in studio 3 hours to talk about the economy, elections, energy, and the future as the r3VOLution continues.
Letter Re: Lakota Warehouse Bank?
• http://www.survivalblog.comJames Wesley: Can you provide any insight on the banking services and the Lakota [copper, silver and gold] coins from the Lakota Bank? Thanks, - Bryan E.
Ron Paul on Stossel: 'Hard to divvy up loot when there's none left' - Nov 15
• http://www.dailypaul.com, eduardo89Rep. Ron Paul, (R-Texas), on the current state of the economy and whether the administration can make corrections in the next four years.
Wal-Mart spokesman: Black Friday is going to be awesome
• Eric W. Dolan via RawStory.comWal-Mart vice president of communications David Tovar said Monday on Fox News that the retail giant didn’t expected any disruptions on Black Friday, despite planned worker protests.
Judge orders Hostess to go into mediation with workers’ union
• Dominic Rushe, The Guardian via RawStory.comTroubled Twinkie maker Hostess Brands and the unions representing its striking workers agreed to start mediation hearings on Tuesday at the urging of a bankruptcy court judge.
Like a Bad Sugar Rush, Twinkie Black Market Is Crashing
• Sarah Mitroff via WIRED.comWithout fail our rapacious nature kicks in every time there is talk of a major consumer shortage in the U.S. Earlier this month we saw New Yorkers selling gasoline for $15 per gallon to those stranded by Hurricane Sandy.
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