FISCAL FARCE, FAILURE, FANTASY & FORNICATION

I’ve put off writing an article about what is likely to happen in 2013 so I could peruse the thousands of other articles by reputable bloggers, paid pundits, Wall Street shills and captured charlatans to…

The US Economy: False Prosperity Through Debt

  If most Americans had to choose between saving and spending, they would decide to join the spending team.  Americans are so drawn to spending that they will even purchase items theycannot afford.  Another recent…

The Selling of American Democracy: The Perfect Storm

Who’s buying our democracy? Wall Street financiers, the Koch brothers, and casino magnates Sheldon Adelson and Steve Wynn. And they’re doing much of it in secret. It’s a perfect storm: The greatest concentration of wealth…

US Government Destroying Medicare and Food Stamps

US House of Representatives approves plan to destroy Medicare, Medicaid and food stamps US House of Representatives has adopted a budget resolution that calls for privatization of Medicare and the elimination of Medicaid, food stamps…

Spain’s Latest Tactic

The Greek Economic Tragedy is sending alarm bells to the rest of the European Countries who are now making internal adjustments to avoid such repeat of total economic collapse. Bloomberg reports on how Spain is…

Economic Collapse amidst a Mini-Recovery

If the entire financial system does not come down upon our heads and if we do not have another war, global growth is going nowhere in the year’s ahead. We had a mini-recovery, but it…