The modern state must possess an apparatus of big banks, Lenin wrote, for it is banks which perform most accounting and financial recording. In socialism, banks must be expanded, made more comprehensive and reach worldwide.
Food stamps put Rhode Island town on monthly boom-and-bust cycle ...
Right back where we started, as though 08'-09' never happened. Any other cities pulling this stunt again ??!!!
Quantitative easing (QE) is supposed to stimulate the economy by adding money to the money supply, increasing demand. But so far, it hasn't been working. Why not? Because as practiced for the last two decades, QE does not actually increase the circu
There remains controversy over just how long America's current energy boom will last.
It's Fed day in the US, and in the afternoon, Ben Bernanke will be holding a press conference.
The bankrupt city of San Bernardino, California, approved over $1 million in pay increases for police and firefighters despite claims it can barely make payroll, let alone afford the salary hikes.
An Associated Press analysis of federal payment records found that the government is still making monthly payments to relatives of Civil War veterans — 148 years after the conflict ended. At the 10 year anniversary of the start of the Iraq war, m
Our current financial situation was not bred out of incompetence, but by design.
Meredith Whitney was just on CNBC's Closing Bell with Maria Bartiromo and the normally skeptical bank analyst came out as a super-bull for the U.S. economy and equities.
Saul Landau (Professor emeritus, author, commentator, filmmaker) on the U.S., Cuba, and Venezuela - Mikey Weinstein (Military Religious Freedom Foundation) provides an update on MRFF
In this sixth part of the ongoing Sibel Edmonds Gladio B conversation, we ask the question: Who is at the top of the pyramid. We look beyond the usual suspects and follow the money back to the industries and lobbies whose existence .....
Americans are planning on spending a whopping $4.7 billion on St. Patrick's Day festivities this year.
When anyone thinks low priced goods, they usually don't think "Made in the USA."
The shale gas and oil bonanza is transforming America’s energy outlook and boosting its economy
The number of New York City residents receiving food stamps more than doubled over the past decade under Mayor Bloomberg, according to data released yesterday.
How agriculture subsidies waste money, distort the economy, and steal from the poor to give to the rich.
A veteran lawyer who once worked on Chrysler’s bankruptcy was handed the case of bringing Detroit back from the edge of financial collapse. Michigan officials appointed him as emergency manager to oversee operations in Detroit
This afternoon, Rand Paul took the stage at CPAC, the annual conservative political convention, and he had nothing nice to say about Wall Street.
They didn’t see it coming last time either.
The Dow has made brand new highs for 9 straight trading days.
While Facebook raked in $1.1 billion in pre-tax profits from U.S. operations last year ... Washington told them not to worry about paying taxes on it.
"EBT (electronic benefit transfer) benefits have more than doubled during the Obama administration’s last four years, creating tens of millions of new dependents who now vote based almost entirely on who gives them the most handouts."
This city was already sinking under hundreds of millions of dollars in bills that it could not pay when a municipal auditor brought in a veteran financial consultant to dig through the books.
Americans lost more than just an hour of sleep when they set their clocks ahead over the weekend to switch to Daylight Savings Time: a new report says the transition took nearly half a billion from the US economy.
In the wake of comments on an earlier post, The Minimum Wage and Liberal Math, I thought to look at the results of raising the Minimum Wage at a real company. I chose Dunkin’ Donuts, a company Liberals highlighted in a recent email campaign as onl
According to the Bureau of Labor Statistics, the US economy created 236,000 new jobs in February.
'Detroit of the South' bludgeoned by troubles
With rising costs, food has become a significant part of every family’s budget. In fact, it’s estimated that the average American family spends 12.74% of their budget on food.
The New York Stock Exchange is readying plans to be able to operate without human traders in case another disaster, such as Superstorm Sandy, forces the shutdown of its historic trading floor in downtown Manhattan, The Wall Street Journal reported.