The Retirement fantasy – middle class Americans are quickly realizing that a secure retirement future may only be a myth. Stagnant income, debt illusion, and the future outlook for working Americans.
Americans are having a tougher time finding extra disposable income to save and create wealth. It is hard to plan for the future when you are worrying about having enough money to purchase a couple of frozen meals. When looking at overall statistics we rarely get a glimpse at how tough things have become for […]
No debt ceiling for the Federal Reserve and too big to fail banks – The double standard of American banking and opaque Federal Reserve policy.
While the American public is staring at a government that is more like an improv act in Chicago, the banking system continues to hide toxic assets from the view of the public. An odd economic dance is taking place.  While the public is being beaten over the head about spending within its limits we have […]
How to spend $9 trillion in 10 years. How in the financial world did we end up with over $14 trillion in Federal government debt?
If we do a slow rewind back to 2001 U.S. debt stood at $5.8 trillion.  This today would seem like a bargain. So how in the world did we end up with the current $14.3 trillion figure in a matter of ten years? People like to ignore history but if you don’t know where your […]
The four horsemen of the middle class apocalypse – what does it say that we as a nation bailed out the financially wealthy too big to fail banks yet failed to bail out the middle class?
What made the U.S. the envy of the world was the belief that if you worked hard enough and had the right kind of grit and intelligence that you would be able to enjoy the fruits of your labor. This is what built the solid middle class after World War II. The majority of people […]