First it was Jimmy Carter and his $50 cash distribution to every man, woman and child in America. The idea was to jump start the economy since nothing else in the 70s seemed to be working. Next came Ben Bernanke and his speech about dropping $100 bills out of a helicopter for everyone to gather...
The velocity of money continues to confound the experts yet it equates to the 1930s. Currency devaluation continues to be the Central Banks main strategy yet it still is short of its goal.
Over the past five years, while quantitative easing has been the strategy du jour, the mix of so called investment money has been strangely absent one component.
How could we be so successful at turning over governments? Simple! Our military might and, perhaps more important, our checkbook. Being the reserve currency has its privileges.
In the world of Unicorns or politics, anything is possible.
As the world continues to become inflamed in turmoil and the real economic America continues to erode, the line of government as the “they” and the populous as the “we” will be clearly defined. Simple protests will bring out a military response aka the police force.
You came on the scene during one of my favorite TV shows Happy Days. Who is this crazy guy I keep laughing at, I wondered?
Muslim/Islam, two words finding their way more and more into the national conversation. The amount of video being provided by ISIS, in their quest for a Caliphate, is illuminating.
When they were fighting in Syria to bring down Bashar al-Assad, The 44th proclaimed them dedicated and passionate freedom fighters. The freedom fighters in Syria became the terrorists in Iraq when they crossed over the line.
As the conflict grows in Eastern Europe I can’t help think about all the young men and women who are counted (or not) among the unemployed. Some countries are experiencing as much as a 50% youth unemployment rate.
It seems that The 44th President’s policies both domestically and internationally are continuing to come unraveled
According to the latest figures available in 2014, as of 2011, (a bit of a lag when it comes to education) the United States had 21 million students in higher education. But who's really get a job nowadays?
Direct from the Commerce Department, the White House, and the mainstream media to you. GDP comes in at 4% for the second quarter, first quarter revised upward, the consumer’s alive and well and God’s in his heaven all’s right with the world.
So the out of work continue to be discounted when the powers to be are striving for full employment.It is very possible that this week we could break 6% unemployment barrier and proclaim we are quickly approaching full employment.
Of course, many will say that the world has always been a difficult and dangerous place and headlines like these are sometimes easy to be found. It seems however that most recently the struggle has been to keep these happenings from becoming headlines.
I am a bit confused and hope that long time readers will be able to clarify the situation for me.
Having lived most of my life in upstate New York in the snow belt region, (between Syracuse and Buffalo) I always found it prudent to heed the advice of the weather man when he proclaimed a major storm was coming.
One might think that natural disasters, man- made disasters or man’s inhumanity to man would have nothing to do with the bull market started on March 9th, 2009 and still continuing to today. However...
First let’s understand that impeachment is not removal. It is not even a trial. Impeachment, under Article II of the United States Constitution (Section IV), is analogous to indictment in regular court proceedings.
Most recently we’ve learned that the Federal Reserve has discussed “Gating” bond funds. Apparently, in their quest to keep the persona of American wealth and recovery alive and well, they are suggesting that the stock market and not the bond market is the place to be for everyone.
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