For decades, young people looking to garner work experience, learn new skills and prepare themselves for the career they have chosen would work as an intern for a law firm, media publication, entertainment outlet or a hospital. Nowadays, it seems internships are becoming a thing of the past due to outrage amongst a small number […]
Archives for October 2013
Alan Greenspan bashes crony capitalism, predicts double-digit inflation
Former Federal Reserve Chairman Alan Greenspan is on a tour of his new book “The Map and The Territory.” During this time, he has delivered a series of statements and passages in his book are beginning to be published in the news media. Essentially, these remarks don’t seem to provide the United States economy with […]
Marc Faber: Federal Reserve could increase ‘QE-infinity’ to $1 trillion per month
Throughout the summer, the mainstream media continued to state that the Federal Reserve would be tapering its aggressive $85 billion per month bond-buying program. However, that did not come to fruition – the only person it seemed to understand this in the media was Peter Schiff – and it is unclear as to when it’ll […]
Poll: Nearly half of Americans expect to retire later due to economic collapse
With a higher cost of living, rampant price inflation, a devaluation of the United States dollar and enormous public and private debt levels, Americans seem to be no longer living out the American Dream. Instead, they are living paycheck-to-paycheck – a part of it their fault, while another is the result of an inflationist, high-tax, […]
Furloughed workers getting back pay Oct. 25, 1% raise next year
It seems federal government workers who were furloughed for the past couple of weeks don’t have to worry anymore about not paying their bills on time. According to a poll by the National Treasury Employees Union (NTEU) poll, 57 percent of its government workers reached out to their creditors to warn them about not potentially […]