[M]any nations, after the storm of debt/banking crisis, will need to implement various government austerity programs, and households will commence debt deleveraging–a long and painful process.
Archive for Category: "Economy"
June 26, 2012 09:39
Stockton to become largest city to file bankruptcy due to public unions
Outrageous union pensions are bankrupting cities across America. Stockton California faces a lawsuit by unions after voting to rein in the public largess which is a result of bribing Democrat politicians for ever increasing wage and benefit packages for public employee unions.
June 26, 2012 08:47
Politicians as Economic Arsonists
Allowing politicians to make economic policy decisions is akin to allowing arsonists to investigate fires or run fire departments.
June 26, 2012 08:24
Too Much Debt: Our Biggest Economic Problem
All debt bubbles eventually burst. Right now, we are living in the greatest debt bubble in the history of the world.
June 26, 2012 06:28
Govt. still lying about inflation – really double digit
Every grocery shopper knows that inflation is eating up the budget. The government conveniently leaves out the two most important items to the consumer budget – food and fuel.
June 25, 2012 13:51
Public unions pushing cities to bankruptcy
Public unions are suing to force bankrupt cities to honor high pension benefits. If cities file bankruptcy union contracts could be thrown out.
June 25, 2012 13:44
The Question of More or Less of More Government
What were the benefits of Obama’s quantum increase in federal spending? Did it stimulate the economy? Did it bring us prosperity? What did we get for adding $5 trillion more debt during these last three years?
June 25, 2012 13:23
Global economic slowdown lowering gas prices
As demand slips from a world wide slowdown, prices drop. Is it still speculator’s fault? Has billions lost in bankrupted “green” energy companies helped? Can we afford four more years of economic suicide?
June 25, 2012 10:22
MEP Farage agrees EC president is a communist
MEP Nigel Farage agrees that the European Commission president is a communist. Farage also calls him a complete “idiot.” Farage and other conservatives see the Eurozone as an attempt to create a socialist centralized government similar to the old Soviet Union. Earlier from usACTIONnews.com: EC President Barroso told G20 attendees “This crisis was not originated in Europe … this crisis originated in North America and much of our financial sector was contaminated by, how can I put it, unorthodox practices, […]
June 25, 2012 07:23
Capital Crime – Biomassive Energy Subsidies in Farm Bill
The farm bill [] has little to do with farming and a lot to do with handouts. Energy subsidies? The farm bill’s full of ‘em, particularly in the Title IX energy section, and they all need to go.
