Economics

Poverty’s Inconveniences Create More Poverty

March 13, 2012

It’s hardly groundbreaking science, but poverty creates even more poverty. A recent article at Haaretz cited one study in which Indian farmers were tested for IQ before and after harvests. Before the harvest, farmers were the most financially strained – it was a full-year since the last lump sum payment for their annual work. After […]

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Gas Prices Rising in Summer – It’s a Lie. [CHART]

February 20, 2012

The mainstream media loves a headline, especially one with a purported “expert” touting $6 gas prices by the summer time (last year’s $6 prediction, this year’s $6 call “by Spring!”) to get you to “stay tuned” across a commercial break or click their link. Writers and anchors, the sheep they are, always repeat the common […]

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The Welfare States of America – Data That Even Blew My Mind

February 8, 2012

I’ve known we’ve been turning into a welfare state ever since I started digesting, well, anything other than the mainstream media outlets.  But the latest report out of the Heritage Foundation shows just how staggering the situation has become.  It’s not just the current state that is alarming – but where we’re headed.  They released […]

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3 Ways Older Americans Are Going to Wreck Your Life

September 11, 2011

I have nothing against old people.  I adored my grandparents and I’ll be old some day and I may well be in the same position, but given the demographic shift America is facing and the economic realities we’re now dealing with, the elderly population in America is set to screw you three ways to Tuesday.  […]

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Debt Ceiling Vote Explained – What Media ISN’T Telling You

August 3, 2011

The debt ceiling vote was consummated on August 2, 2011 just in time to avoid a technical default on US government obligations.  I’ve been tracking this issue of the US hurtling toward bankruptcy for the entire year and this is a more current update to my initial post predicting how this whole charade would play […]

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Should an American Lead the IMF Following Sex Scandal? Odds-Makers Taking Bets Already

May 18, 2011

Following the shocking allegations against Dominique Strauss-Kahn and being hauled off a plane, arrested and denied bail, he now resides under suicide watch awaiting trial.  Apparently, he won’t have the benefit of diplomatic immunity and his ambitions for the next leader of France have obviously been greatly diminished.  On to his replacement…There’s been plenty of […]

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