Socialism for everyone, except for myself. That is usually the philosophy that proponents of big government and socialism adhere to. A politician wants to maintain the coercion, intrusion and pervasive nature of government to be applied to every other person except for themselves and their family. A good example of this is New York City […]
Archives for April 2014
Peter Schiff vs. Paul Krake: A battle over gold, inflation and QE
If the Federal Reserve ends quantitative easing then the United States is back in a recession and a bear market, at least according to Peter Schiff. On Tuesday, another contentious interview between Schiff and a different anti-gold establishment investor took place on CNBC’s “Futures Now.” This time it was about gold, which Schiff made the […]
Why aren’t the anti-tech protesters targeting Washington too?
You may have heard that rent in San Francisco, California these days is sky high. The average monthly rent for a one-bedroom apartment inside the city center is more than $2,500 per month – outside it’s just under $2,000. Many people are blaming these astronomical renting costs, which are also causing many long-term renters in […]
Former Obama adviser wants to make retirement savings mandatory
Millennials certainly are having a rough time in today’s economy: shackled by the chains of credit card and student loan debt, while having their dreams crushed because they have failed to attain a job in their career path. These are ingredients to a perfect storm in their autumn and winter years. The future does appear […]
Foreign holdings of U.S. Treasury debt nears $6 trillion
In February, foreign buyers of United States Treasury securities increased their holdings by 0.8 percent to $5.89 trillion, up from the previous month’s $5.84 trillion, according to a report by the Treasury Department. Finance experts argue that foreign demand of U.S. debt will remain strong throughout the year because Congress has agreed to suspend the […]