Garrett Baldwin

$13 Billion in Fines Just Another In Long List of JPMorgan Settlements (NYSE: JPM) – Money Morning

This week, JPMorgan Chase & Co. (NYSE: JPM) agreed to a tentative $13 billion settlement over a government investigation into faulty mortgage loans the company sold to investors.

What most investors don’t realize is that the company has been involved in 10 other settlements in the last two and a half years. Here’s a rundown of JPMorgan’s bad behavior since 2011.

This Trend in the U.S. Economy Is Putting Your Job at Risk – But Can Make You Rich – Money Morning

The biggest, and most ignored, trend in the U.S. economy is the ongoing divide between the wealthiest members of society and the average American worker.

Real wages are falling, while unemployment is stagnant. Politicians blame greed, but that’s because class warfare is a valuable tool to gain power.

I argue instead that disruptive technologies have accelerated this divide.

The Most Ridiculous Thing You’ll Read All Year – Money Morning

Michelle Obama is the spokeswoman of a national health campaign called “Let’s Move.”

The program is designed to encourage children to engage in healthy activities, to eat better foods, to drink plenty of water, and to encourage everyone to get outside and exercise.

It’s a noble message (run by federal dollars) in a world of video games and excessive saturated fat.

But, like all government programs, intentions end up trumping fiscal sanity.