Corruption & Courage - September 19, 2021."Big Tech + Big Pharma give campaign money to politicians who in turn receive non-public information about corps they use to enrich personal stock portfolios. Lawmakers then have influence over legislation on companies they’re personally invested." - @RobertKennedyJr, Sept. 17"I will fight like hell to overcome Biden’s cruel decision to drastically … [Read more...]
Political Quote of the Week – 2021
Not Enough Lipstick for Pigs & Submarines - September 19, 2021.“There is not enough lipstick in the world to put on this pig to make it look any different.” - Senator Jim Risch (R-ID) on Secretary of State Blinken's testimony before Congress on the Afghanistan debacle."There has been lying, duplicity, a major breach of trust and contempt. This will not do. Things are not going well … [Read more...]
Coronavirus Winners & Losers – 2020
Covid-19 Losses, Stock Market Gains & Political Fallout -- Who is Rigging the Market? As of 12/27/2020 - Fortunately, this is our last post on Covid-19. Congress passed a $900 billion relief package this week that included a foreign aid component for Pakistan and other distant locals. What?!! As of this hour, the President is still refusing to sign the bill, calling for additional sums he is … [Read more...]
Don’t Dish The Dollar Tree Store
[November 14, 2019 Update: According to CNN, the US Food and Drug Administration issued a warning letter to Dollar Tree for receiving adulterated over-the-counter drugs produced in China, including acne treatment pads and Assured brand drugs. The items were produced by Shanghai Weierya Daily Chemicals Factory and Hangzhou Zhongbo Industrial Company Ltd., "which the letter details have shown a … [Read more...]
Stock Markets Rally over Loss of Life and Sorrow.
US and global stock market seem to rally during natural, national and international disasters. Tornadoes, floods, terrorist attacks, the greater the loss of life, seemingly the stronger the rally. The stock market rise following a terrorist attack on Turkey's largest airport was no exception. The US S&P Spider ETN was up by 1.7% the morning after. … [Read more...]
Saudi Arabia Declared War on the American Oil Sector & U.S. Jobs
Media, American leaders remain silent. Saudi Arabia made a policy decision in 2014: Flood the world with cheap oil in order to undermine U.S. oil producers. A terrorist attack would not have inflicted as much damage on the American oil sector over the past year. U.S. companies are going bankrupt, jobs are forever lost, and everyone knows that the Saudis are guilty. Quite proud of it in … [Read more...]
Obama’s Stock Market Miracle for Wealthy Donors: Bubble for the Rest?
During the February storms that paralyzed the East Coast, killed 20 people and denied power to over 700,000, the U.S. stock market was on steroids. Misery apparently brings glee on Wall Street. Since it bottomed in 2009, the stock market has been on a meteoric rise - while economic security (and hope) has vaporized for middle and lower income class workers. The Federal Reserve was pumping $85 … [Read more...]
Fear Economy for the Ruling Class: Is the Tipping Point Near?
Paul Krugman hits a nerve with his NYT op-ed, "The Fear Economy," (December 26, 2013). The following day, the S&P, DOW & NASDAQ reached new highs, performing in 2013 like Internet stocks from the late 1990s. The Federal Reserve brags on its website that Americans accumulated over 77 trillion in assets by 2013, (largely controlled by the 0.1 percent.) Have we reached the tipping point? In … [Read more...]
Consumer Alert: Department Store Marks Up Price by 300 Percent Pre-Discount
Replacing a favorite handbag with a newer model. My handbag is the right shoulder weight and contains all the pockets I require. It was even subjected to the washing machine hot cycle on several occasions. The purse came out perfect with nary a thread exposed.I purchased my first "edition" two years ago at a department store famous for parades. It cost me roughly thirty dollars. Now it was … [Read more...]
Student Debt: Single InfoGraphic Tells a Sad Story
College students today are spending more on their education than ever before. Here's a visual look at the numbers.Guest post and image by graphic artist Maxine Wells (Gryffin.com).Tuition has risen 500% since 1985 and continues to rise each year, making it increasingly difficult to afford college. While a large percentage of full-time students take on a part-time jobs, the extra money … [Read more...]