Stocks in the United States will soon see their values eviscerated because of the Federal Reserve’s disastrous policies, warns David Stockman, the former Reagan White House budget director and author of “The Great Deformation.” Speaking in an interview with CNBC on Monday, Stockman likened the U.S. central bank to a “blindfolded arsonist” because the Fed […]
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Price controls may be on the way
By: Paul-Martin Foss If you thought negative interest rates were as bad as it could get with central banks, you might be in for a surprise. Central banks have been so spectacularly unsuccessful with their accommodative monetary policies that they are discussing pulling out all the stops to get the results they want. They fail […]
Solar energy firm SunEdison Inc (SUNE) stock collapses 42% to 73 cents
When the state is no longer subsidizing your solar energy be prepared to see various solar firms start crumbling one by one. Described as the Wall Street nightmare stock, SunEdison Inc (NYSE:SUNE) has seen its shares collapse over the last 12 months by 97 percent. But at the start of Tuesday’s trading session, the solar […]
LOL: Your $6,000 will go towards studying ‘the history of French lesbian activism since World War II’
Interesting. A portion of your taxpayer dollars will go towards studying the “recent history of French lesbian activism.” Huh? Yep. If you ever wonder where your money goes to then this is a part of it. According to The Washington Free Beacon, the National Endowment for the Humanities announced the recipients of the more than […]
Report shows a quarter of Americans in their prime working years (25 to 54) are unemployed
The labor market is in great shape, according to the United States government and the Federal Reserve. The labor market may be great for those who are in secure, well-paying jobs, but not so much for those who have only been able to garner minimum wage jobs (SEE: Report: 78% of jobs added in February […]