Posted on August 28, 2016 by michael-snyder
The critics of Obamacare have been proven right. The Obama administration promised that health insurance premiums would go down. Instead, they have absolutely skyrocketed. The Obama administration promised that Obamacare would not kill jobs. Instead, firms are hiring fewer workers because of suffocating health care costs. As you will see below, even the Federal Reserve ...
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Posted on August 18, 2016 by sartre
The practice of a pure free market is so rare that a plausible argument can be made that a free market economy never existed. However, as the saying goes, Once Upon A Time, economic commerce did reflect a voluntary basis for business transactions. The fortunes of trade rested upon the mutual benefit of all parties, ...
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Posted on May 31, 2016 by luis-miranda
(The Real Agenda News) The countries that are part of the G7 today are the same that have been members for years. The leaders that allegedly represent their countries in meetings such as the G7, have been in power for years, too. Every time these so-called leaders meet, their official goal is to “improve the ...
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Posted on May 13, 2016 by zen-gardner
Amazingly enough, most people don’t know that the Federal Reserve Bank is a private institution. It’s so private that despite its profound influence and power, no one is allowed to know who the board of directors are or any of its inner workings. Yet they control not just the production and flow of money in ...
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Posted on May 11, 2016 by michael-snyder
Should we be alarmed that the number of job cuts announced by large U.S. companies was 35 percent higher in April than it was in March? This is definitely a case where the trend is not our friend. According to Challenger, Gray & Christmas, U.S. firms announced 65,141 job cuts during April, which represented a ...
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Posted on May 10, 2016 by michael-snyder
We continue to get more evidence that the U.S. economy has entered a major downturn. Just last week, I wrote about how U.S. GDP growth numbers have been declining for three quarters in a row, and previously I wrote about how corporate defaults have surged to their highest level since the last financial crisis. Well, ...
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Posted on May 9, 2016 by guest-post
By: Edge Trader Plus | Gold and silver ARE money. Neither is a “currency,” although money is often cited as interchangeable with currency. Take the Federal Reserve Note, [please!], as an example. A Federal Reserve Note [FRN], is more commonly known as a “dollar.” Even though the word “dollar” appears on every FRN, each and ...
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Posted on May 8, 2016 by stephen-lendman
The New York Times colluded with Obama, presenting the illusion of economic recovery, twisting reality, ignoring cold hard facts. Interviewed by its financial columnist Andrew Sorkin, a false picture of his economic record was presented. America’s 1% never had things better. Protracted Main Street Depression conditions affect most others. One out of four working-age ...
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Posted on May 6, 2016 by rory-hall
Akin to ancient Rome, the United States has over-extended herself. She has created a climate that could easily be transformed into a war on a slight pretext. Wars, as it is well known are also a means a nation can extricate itself from debt and financial responsibility. – The U.S. Endgame, Jeremiah Johnson (nom de plume, ...
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Posted on May 6, 2016 by michael-snyder
Even the government is admitting that the U.S. economy is slowing down. On Thursday, we learned that U.S. GDP grew at just a 0.5 percent annual rate during the first quarter of 2016. This was lower than analysts were anticipating, and it marks the third time in a row that the GDP number has declined ...
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Posted on May 4, 2016 by sartre
During the 1990’s the conventional economic wisdom supported the repeal of Glass-Steagall. However, “10 years later, the end of Glass-Steagall has been blamed by some for many of the problems that led to last fall’s (2008) financial crisis. While the majority of problems that occurred centered mostly on the pure-play investment banks like Lehman Brothers, the huge ...
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Posted on May 3, 2016 by guest-post
By: Edge Trader Plus | Perhaps the most successful Ponzi scheme of all has been the Rothschild-led takeover and sapping of the entire United States since the American Civil War that started in 1861. The final stages were set with the not-so-lawfully-passed but fully implemented Federal Reserve Act on 23 December 1913. The fact that ...
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Posted on May 3, 2016 by michael-snyder
Corporate revenues in the United States have been falling for quite some time, but now some of the biggest companies in the entire nation are reporting extremely disappointing results. On Tuesday, Apple shocked the financial world by reporting that revenue for the first quarter had fallen 7.4 billion dollars compared to the same quarter last ...
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Posted on May 2, 2016 by michael-snyder
There is so much economic despair in our country today, but if you have a good job and if you live in a good neighborhood you might not ever encounter it. There really are “two Americas” in 2016, and they are getting farther and farther apart with each passing year. On the one hand, you ...
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Posted on May 1, 2016 by brandon-smith
It’s been about 15 years now since passenger airliners struck the World Trade Center towers on 9/11, and we are still suffering the consequences of that day, though perhaps not in the ways many Americans might believe. The 9/11 attacks were billed by the Bush Administration as a “wake-up call” for the U.S., and neocons ...
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