Food stamp usage in the United States has been the defining theme throughout the tenure of the Obama administration. Tens of millions of Americans have been either forced to because of no other choices or encouraged to file for food stamps by government bureaucrats. The food stamp issue has been the general depiction of both […]
Archives for June 2014
16 facts to show the housing market is not recovering
Since the housing collapse a few years ago, we have repeatedly been told that the housing market is recovering as the economy gets better. We’re regularly told that housing values will rise again and that homeowners are being protected with the Federal Reserve’s monetary policy. Is that really the case? Again and again, news outlets, […]
Marc Faber: American households are going down because of catastrophic Fed tactics
The Federal Open Market Committee (FOMC) is holding meetings this week and it’s likely that the Federal Reserve will announce further tapering of its quantitative easing program, a monthly bond-buying program that is meant to stimulate the economy and the markets with artificially low interest rates that spur borrowing, lending and consumption. Marc Faber, a […]
Report: 10 things not to buy this year
If you’re considering scaling back your consumption or in the market of acquiring a new product or service then this list compiled by the Wall Street Journal might be of assistance. It looks at what not to buy this year and perhaps even what to get rid of, including landlines, desktop computers and cable television. […]
Study finds central banks, public institutions secretly buying $1 trillion worth of stocks
Since the economic collapse – and in some other countries way before that – central banks worldwide have been criticized of artificially amplifying stock prices because of their low interest rates, immense easing initiatives and monthly stimulus injections into the markets. This has led numerous financial commentators to call for a bubble in various elements […]