The United States government could start seizing 401(k) plans, says one economist who believes a recent Supreme Court ruling sets the stage for Washington to initiate any such plans. Economist Martin Armstrong published a blog post Monday that took a look at the recent Tibble v. Edison case. The court concluded that employers have an […]
Archives for May 2015
Janet Yellen is Right: She Can’t Predict the Future
By: Ron Paul This week I found myself in rare agreement with Janet Yellen when she admitted that her economic predictions are likely to be wrong. Sadly, Yellen did not follow up her admission by handing in her resignation and joining efforts to end the Fed. An honest examination of the Federal Reserve’s record over […]
Week in Review: May 18 to May 24
In case you missed any of this week’s articles, here is a round-up of some of the most read pieces written by the Economic Collapse News staff: 1% of bitcoin community controls 99% of bitcoin wealth (hot) A primer on the electoral college Report suggests it’s better to rent than own a home Ron Paul: […]
Video: Stephen Moore on the minimum wage
Jan Helfeld is out with a new interview with Wall Street Journal and Heritage Foundation’s Stephen Moore. It’s a compelling interview that consists of Moore outlining a number of reasons why the United States should eliminate the minimum wage. He cites how the very people that the left wants to help – the unskilled, youth, […]
Price Inflation: April’s consumer goods rose fastest in two years
Ostensibly, inflation in the United States is inching ever so closer to the Federal Reserve’s target as the cost living in April, omitting food and energy, rose at the fastest pace in about two years. The core consumer price index jumped 0.3 percent last month, which is the biggest increase since Jan. 2013, according to […]