Economics

The USA Was Much Better Off Before The IRS

Many of us could come up with our own list of IRS abuses. It’s also safe to say that no one would miss the IRS if they disappeared tomorrow. If you need further evidence that the IRS is completely out of control and thoroughly corrupt, Michael Snyder documents a few …

Economics

The Black Hole That Is Government

Government is like a giant black hole that sucks the life, money, and morality from society. The IRS targeting of conservative groups is just the latest in a long list of abuses by the government to manipulate behavior and take money out of the pocket of productive citizens. Anyone that …

Economics

Why The Disconnect Between Stocks and the Economy?

In a recent article by CNBC, the author explains why stocks continue to climb higher, even though we remain stuck in the Great Recession. The attempt to “demystify” the disconnect between stocks and the economy provides just enough truth to give readers the impression that the rise is inevitable, so long as …

Economics

Proof The Next Bubble is Well-Formed

If government was serious about fixing our financial problems, they could relatively quickly put our economy on the right track, and take it off the track toward tyranny. Government is always the problem because they can never look at themselves as the cause. Since they will never consider reforming themselves, government always takes …

Economics

The Devil Always Thinks He’s Doing God’s Work

It was Lloyd Blankfein, head of the Goldman Sachs crime family, that was the first to actually admit he thought he was doing God’s work.  Is that guy the spitting image of Gimini Cricket, or what? I never want to stoop to name calling, but since Lloyd should be in prison somewhere getting …

Economics
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California Sues JP Morgan Chase for Illegal Practices

The documented frauds and abuses of power by the big banks continues, although outside the protected (bought) jurisdiction of NYC it’s getting more difficult. Unfortunately, the massively deep pockets created by decades of ripping people off can always wear down the other side to get them a cost of doing business …

Economics

Billionaire Bankster Breaks Into Obama’s Cabinet

If the media conveniently allowed you to miss it, allow me to summarize: Obama finally had to repay his debt to Penny Pritzker, your average billionaire fraudster from Chicago, and tossed her the Secretary of Commerce job. Normally, I would let this slide off my back. After all, how stressed can one …

Economics
1

Broker They Get – The More Desperate They Become

The Senate passed the Internet (kill-the-economy) Sales Tax yesterday. It will be interesting to see if the House members fear the voter more than the campaign contributions from Amazon, Wal-Mart, and the other big box retailers. The business implications of this invasive tax should be obvious – not only from …

Economics

History Is Repeating

We hang the petty thieves and appoint the great ones to public office. — Aesop Since government cannot give to anybody anything that the government does not first take from somebody else, politicians will steal from their own mothers to maintain their Santa Claus delusion. To protect the public from …

Economics

Increase GDP by Screwing Pensioners – Yea…That’s the Ticket!

Right when you thought our govt couldn’t get more brazen in their efforts to deceive and screw the public, out comes these two related stories. First, the govt has found a novel way to increase GDP. The govt will now count promised payments to pensions as actual contributions for the sake of GDP calculations. You read that right.  Up …