Debt

The Tens Of Millions Of Forgotten Americans That The U.S. Economy Has Left Behind

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The evidence that the middle class in America is dying continues to mount.  As you will see below, nearly half the country would be unable “to cover an unexpected $400 expense”, and about two-thirds of the population lives paycheck to paycheck at least part of the time.  Of course the

Financial Weapons Of Mass Destruction: The Top 25 U.S. Banks Have 222 Trillion Dollars Of Exposure To Derivatives

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The recklessness of the “too big to fail” banks almost doomed them the last time around, but apparently they still haven’t learned from their past mistakes.  Today, the top 25 U.S. banks have 222 trillion dollars of exposure to derivatives.  In other words, the exposure that these banks have to

The Federal Reserve Must Go

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If you want to permanently fix America’s economy, there really is no other choice.  Even before Ron Paul’s rallying cry of “End The Fed” shook America during the peak of the Tea Party movement, I was a huge advocate of shutting down the Federal Reserve.  Because no matter how hard

U.S. Auto Sales Plunge Dramatically As The Consumer Debt Bubble Continues To Collapse

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One sector of the economy that is acting as if we were already in the middle of a horrible recession is the auto industry.  We just got sales figures for the month of April, and every single major U.S. auto manufacturer missed their sales projections.  And compared to one year

Why There Will NEVER Be A Political Solution To America’s Problems

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Why do things never seem to change no matter who we send to Washington?  It seems like for decades many of us have been trying to change the direction of this country by engaging in the political process.  But no matter how hard we try, the downward spiral of our

11 Reasons Why U.S. Economic Growth Is The Worst That It Has Been In 3 Years

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Those that were predicting that the U.S. economy would be flying high by now have been proven wrong.  U.S. GDP grew at the worst rate in three years during the first quarter of 2017, and many are wondering if this is the beginning of a major economic slowdown.  Of course

The Democrats Get Trump And The Republicans To Fold, And That Means There NEVER Will Be A Border Wall

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Well, that didn’t take long.  Yesterday I reported that the Democrats were threatening to force a government shutdown if money for a border wall was included in the bill to fund the government, and one day later Donald Trump has unconditionally surrendered.  Despite all of Trump’s promises, a border wall

Democrats: Trump Must Surrender On Funding For A Border Wall To Avoid A Government Shutdown On His 100th Day In Office

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Is Donald Trump going to unconditionally surrender to the Democrats and completely give up his dream of building a border wall in order to avoid a government shutdown on his 100th day in office?  As I have warned before, the Democrats are perfectly willing to force a government shutdown if

11 Facts That Prove That The U.S. Economy In 2017 Is In Far Worse Shape Than It Was In 2016

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There is much debate about where the U.S. economy is ultimately heading, but what everybody should be able to agree on is that economic conditions are significantly worse this year than they were last year.  It is being projected that U.S. economic growth for the first quarter will be close

Why Are So Many Millennials Living With Their Parents Instead Of Getting Married And Starting Their Own Families?

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Did you know that the percentage of 18 to 34-year-old Americans that are married and living with a spouse has dropped by more than half since 1975?  Back then, 57 percent of everyone in that age group “lived with a spouse”, but today that number has dropped to just 27