Target CEO’s ‘golden handshake’ should not be condemned

Photo by Mike Mozart https://www.flickr.com/photos/jeepersmedia/14953520365/in/photolist-ks7QzP-96vCN1-o79S5v-ks7Q7p-5Mf7xA-nY8SwA-omthn4-n5smRj-n5ssz3-cZ1ZWS-pkAjfM-dGbjwh-53Gxci-85fMps-3V4d2-o9kCVn-nM4fy9-omZwyu-oowrrL-bTusQg-71kXr2-7sNeCk-nDn4je-nnae3u-owP5gF-oMoGCD-o9CQsa-nSadkT-nSadnB-omVcux-o5HV6V-ks7MwK-6rMRUZ-6GvrSf-kaeMjj-ks75Wi-o8Dufm-o5GPqG-o9xZ5N-n5spA7-nS9kB1-nTc5iy-eeZ2WB-nDDUYf-aLKn6M-o8Dujj-nBBh4w-omZoFq-nSdMm3-nBBgMu

This week, social media went berserk when it was reported that Target CEO Gregg Steinhafel would be receiving a "walk-away" package worth $61 million. What ostensibly bothered everyone was the fact that this package is worth pretty much the same as … [Read more...]

Report: 10 simple ways to save money when eating at a restaurant


Now that falling oil prices have given consumers some extra dough in their pockets perhaps now would be the time to treat the family to an evening at the restaurant. However, with higher labor costs and food prices, it may not be such an affordable … [Read more...]

Bank of Canada makes disastrous Keynesian move in interest rate cut


And it came outta nowhere. The Bank of Canada (BoC) announced Wednesday that it would slash interest rates by 0.25 percent to a near record low of 0.7 percent amid declining oil prices and threats to unemployment and household debt levels. BoC … [Read more...]

Let’s Be Honest: Both the rich and the poor have it easy in the West


Last week, a Pew Research Center study found that the affluent believe the poor have it easy, while the impecunious believe the rich also have it easy. The results of the organization's report led to an influx of op-eds and articles explaining how … [Read more...]

Ross Perot Jr. warns U.S. shale industry is ‘unsustainable’


With oil prices still tumbling, we're seeing more and more United States producers losing money, slashing their workforce numbers and filing for bankruptcy. As we have previously noted, the shale revolution is an expensive one, and at these prices it … [Read more...]

Ahead of tax season H&R Block warns “no one can understand Obamacare’


Soon, millions of Americans will be participating in the headache-inducing tax season. The serfs will file their tax returns and either hand over more of their hard-earned money to the United States government or they will be given back some of the … [Read more...]

Jim Rogers: You must own real assets to avoid the dollar collapse

$20 bill

Soon after gloating to the Business Insider about how he was proven right last week when he warned in his 2013 book "Street Smarts" that the Swiss National Bank move would end in a crisis, Jim Rogers spoke with Investment Weekly discussing how … [Read more...]

Video: 5 myths about capitalism, free enterprise


Prager University is out with a new video this week entitled "Myths, Lies and Capitalism." It explores the five myths regarding free enterprise and it's a compelling video. The right-wing non-profit organization has published some excellent … [Read more...]

5 questions for the Marxist Dalai Lama to answer

Photo by Christopher http://en.wikipedia.org/wiki/14th_Dalai_Lama#mediaviewer/File:Dalailama1_20121014_4639.jpg

The Dalai Lama, or Tenzo Gyatso, delivered remarks for his “A Human Approach to World Peace” lecture for the Presidency University on Friday. During his oration, he slammed capitalism and conceded that he is a Marxist when it comes to … [Read more...]

Collapse of $1.2 quadrillion global derivatives market will lead to dollar collapse


According to various estimates, the global derivatives market is valued at $1.2 quadrillion. Nobody knows the exact value but this is an estimate of how the big market is. This figure is greater than the entire world's GDP, 20 times the GDP to be … [Read more...]