Most recently the Labor Department reported that our country’s productivity rose a revised 1.8% in the fourth quarter of 2013. That could be good or bad, depending on your perspective, yet it’s down from a previously reported 3.2% and it’s also substantially lower than the 3.5% rise that was declared for the third quarter of 2013.
Apparently, a grand total of sixty United States senators failed their economics and history courses in both high school and college. This would appear to be the truth since a letter signed last September by the said sixty senators clearly points to their complete lack of knowledge when it comes to these two areas of study.
As the most recent Sunday television talk shows almost spun out of control, I was certainly struck by the fact that although there are major differences regarding Egypt, Syria, and Ukraine, there’s also a major similarity.
Over the past several months, I’ve found myself engaged in numerous conversations with the Millennials, also known as members of Generation Y. Normally, it’s the Baby Boomer set with whom I talk politics, sports, and world events, so it’s definitely been a change of pace.
When stock markets are in a bubble mania (contrary to Mr. Greenspan’s opinion), everyone who’s invested in the market feels just like the top 1% — it’s money that’s made by simply pressing a button, going long, and then it’s off to the country club for drinks and a spot of tennis.
It just keeps getting better, so here we go again. Socialists always have an agenda, which is to bring up the downtrodden (a noble effort) at the expense of so-called successful individuals (deplorable). In other words, everybody becomes the same as they are controlled by a select few.
The statisticians, government officials, mainstream media, and perhaps even Wall Street itself have all recently discovered something formerly unknown to man. Specifically, it’s called the weather.
Federal Reserve Chairwoman Janet Yellen, much like her predecessors and the rest of her current Fed cohorts, is a numbers cruncher. Thus, similar to any corporate executive, multitudes of numbers are presented to Janet for analysis, dissection, and ultimate response on a daily basis.
Newly appointed Federal Reserve Madam Chairwoman Janet Yellen recently appeared before the House Financial Services Committee and gave a statement that in my opinion will be as infamous as Ben Bernanke’s comments of, “House prices never go down,” and “We have subprime contained.”
Decisions, decisions, decisions…oh, what a tangled web we weave. Just imagine being President Obama’s poster boy for employment and manufacturing, the benefits are aplenty.
The president’s former worldwide rock star status is merely a distant memory as fingers continue to be pointed at America’s military aggression, from the Ukraine to Sudan. How the mighty have fallen as Obama’s domestic popularity numbers continue to rival those of the much hated George W. Bush.
The ineptly named “myRA” is the president’s newest brainchild, designed as a retirement vehicle for the so-called disadvantaged folk. As I looked in the mirror, I was sure the president was addressing me since I’m not part of that upper 1%.
Much has been said the last few days about the president’s State-of-the-Union-and-socialism-is-alive-and-well-on-Capitol-Hill address of this past Tuesday evening. I thought I’d start to read last year’s State of the Union address, knowing full well what’s happened to our country over the course of the last twelve months.
When it comes to making official predictions for the year ahead, I always make my prognostications in a bar with a few close friends. But...
A few years ago, I walked into a local Borders bookstore as it had just been announced that the former retail behemoth was closing their doors for good. Consequently, I couldn’t help but think the retail (bricks and mortar) shopping experience was coming to an end.
It was typically thought that gold and silver would be the alternative to fiat currency, as historically has always been the case. Unfortunately, most merchants aren’t equipped to give you change for a purchase made with a gold or silver coin.
The old adage that liars figure and figures lie certainly continues to hold true. Fresh off the recent modification of the so-called Volcker Rule, which will pretty much let the big boys run amuck in the collateralized debt obligation (CDO) world, we now see the brazen efforts to convince everyone that all is well with the bankers.
There will be noise and jostling for position as John Boehner and his Band of Merry Men loudly proclaim their indignation regarding the spending habits of President Obama and the Democrats. Yet, in the 12th hour, the Speaker will appear in front of the microphones and proclaim that a budget deal has been struck
You just gotta love the math that regularly emanates from the federal government. Specifically, it’s the participation rate that’s utilized in order to calculate the unemployment numbers.
I just love the title, “Ten Easy Ways to Make Money.” In fact, it made the hair on the back of my neck stand up. No, they weren’t my words, they were recently written by a columnist from another publication. Moreover, this “Ten Easy Ways” title hearkened me back to those wonderful days of the Roaring Twenties.
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