Little Known Ways the Federal Reserve Punishes American Savers and Supports Conspicuous Consumption.
The Federal Reserve is one of the most mysterious organizations in the world. What they don’t hold back on however is their intentions for the American saver. They are one of the biggest key players in the financial bailouts yet very little is ever discussed about this organization on national or even cable television. The […]
A shadow inflation hits shoppers through economic sleight of hand: Inflation and the hidden side of finances.
Anyone that shops realizes that the price of goods has only gone up. Yet by how much is deceiving by economic chicanery. The Federal Reserve has taken a baseball bat to the US dollar and the purchasing power of what Americans carry in their wallet. Yet many Americans have been duped into thinking inflation has […]
The old get wealthier and the young get poorer.
This recession has been unmercifully brutal on younger Americans. Many are entering the most difficult employment market in generations with a flood of low wage jobs saddled with record levels of student debt. Many have never even witnessed how it is to live in a bull stock market.   Of course this is assuming they had […]
How does an America with no middle class look like? Bureau of Labor and Statistics projects top two jobs for the next decade will pay roughly $20,000 a year. Approval rating of Congress at 10 percent. In comparison, Americans approved of BP’s handling of the Gulf oil crisis at a 16 percent rate.
A strong middle class has been at the core of what has been promoted as the American Dream. How would America look like if the middle class simply vanished? We may not need to wait too long at the current rate since we are quickly siphoning people off the middle class and throwing them into […]