At the end of this year, extended unemployment benefits are scheduled to expire. More than likely, most of these same individuals will simply convert to disability benefits, as it will be magically determined that their ability to work has been affected by some sort of social disorder.
Yes, from food stamps, disability tax credits, child payments, and dozens of other government programs, when your employer is the largesse of the federal government, your workday takes on a whole new meaning.
I can somehow visualize Patty Murray acting as Dorothy (The Wizard of Oz) and I can also imagine Congressmen Paul Ryan (R-Wis.) as the Tin Man, with John Boehner turning into the Cowardly Lion, and Senator Harry Reid (D-Nev.) inserting himself into the action as the Scarecrow.
The time periods are decades apart, today’s technology is certainly more advanced, and the world is currently in a much better place. Yet, just consider if John Kerry’s statement regarding these most recent Iranian negotiations, is really any different than Neville Chamberlain’s well-known ironic phrase, “Peace for our time.”
Mark Twain once said, “The reports of my death are greatly exaggerated.” And speaking of an overstated demise, the same can be said these days regarding the U.S. dollar.
International counterfeiters are fully aware of this, and over the past few years, they’ve been ramping up their efforts in order to flood the markets with counterfeit gold pieces.
From an odds standpoint, retail customers should realize that being “long” in a market gives them a one-in-three chance of winning. That’s because equity markets can do one of three things: they can go up, they can go down, or they can stay the same.
Of course, we have now advanced technologically to the point that actual physical activity is a thing of the past, since kids can sit and play with their PCs, laptops, Xboxes, and probably a dozen other devices that don’t require them to move at all, other than to shift their fingers.
It was very entertaining to watch a dedicated, consummate politician work the room. In this case, the politician was Kathleen Sebelius, the U.S. Secretary of Health and Human Services, and the “room” was the entire state of Florida.
It’s always fun to look back and play Monday-morning quarterback, especially if you weren’t involved.
What happens when the youth of America, namely the 25-and-under crowd, finally wake up? What happens when they ultimately take their eyes off their smartphones, stop texting, and realize that they’ve been had?
I’m just a simple journalist and economist who once taught junior high school math following my college graduation. However, it seemed to me that the math didn’t add up three years ago when Obamacare was first proposed, and it certainly doesn’t make any sense now.
If they really wanted to be rich, easy rich, what I should have done was teach my kids how to be politicians.
Indeed, when it comes to sports trivia, the president is certainly a well-informed authority. But when it comes to world events, economics, and providing much needed leadership as he attempts to run this country, Obama is totally clueless.
When it comes to negotiations involving the so-called federal regulators (U.S. Justice Department) and the big-money-center-too-big-to-fail-national-institutions better known as banks, it seems that it really isn’t rocket science.
Since taking office, Obama has been highly successful in turning our country into a food stamp-reliant, disability-dependent, and part-time jobs mecca.
I am the people—the mob—the crowd—the mass. Do you know that all the great work of the world is done through me?
Am I kidding myself, coming to the defense of Alan Greenspan? But apparently if I don’t do it, no one else will.
We’ve learned from our so-called political leaders that between now and February of next year, they will sit down in a “bicameral moment” and resolve all their differences. . .
I write this column with a heavy heart as once again our so-called American political leaders have abandoned their principles and responsibilities in favor of their own personal gain.
Moody's Puts Puerto Rico on Downgrade to Junk Review Citing Very High Debt, Pension Obligations, Chronic Deficits; Exodus Underway | Mike Shedlock