This is a syndicated repost published with the permission of Money Morning. To view original, click here. Opinions herein are not those of the Wall Street…
Medicare is an example of an unsustainable system that will go away in the decade ahead.
Here are the sobering facts about the number of workers and those drawing Social Security, Medicare and Medicaid entitlements in the U.S. While the g…
The West AustralianAustralian Consumer Sentiment Index +0.8% In May Vs AprilNASDAQSYDNEY -(Dow Jones)- Interest rate cuts, a fall in the jobless rate and a federal budget that included cash payments for families have failed to improve the consumer mood…
Cheating on the final exam to get an A doesn’t mean you mastered the subject. Yet cheating is all we have in America because sacrifice and adult trade-offs are too painful.
We all know there is no shortcut to anything worth having–mastery, securit…
Massive Federal deficits require higher taxes; ever-expanding public debt and higher debt service sets up a death spiral once new investment is crowded out by Federal borrowing.
In only three more years you’re talking $20 trillion in public debt f…
November 21, 2011 6:39 pm
Biggs revises opinion on economy
By Dan McCrum in New York
Barton Biggs, the veteran strategist and investor, has warned that he was too optimistic on the prospects for economic recovery and that the outlook for the US stoc…
Nov 19, 2011
Heads or tails, we lose
By Ellen Brown
It is no great surprise that with only days to go, the congressional “super committee”, given the Herculean task of carving an additional US$1.2 trillion out of the federal budget, has failed to r…
The real time Federal Income Tax Withholding data began to signal to us in early September that the economy was beginning to snap back from…
Cain’s 9-9-9 tax plan is simple: most will simply pay more
By John W. Schoen, Senior Producer
When it comes to Republican presidential candidate Herman Cain’s proposed 9-9-9 tax plan, there’s one thing all sides agree on: it’s very simple.
If you…
Fourth quarter 2011: New Turmoil Set to Rock Economic Foundation
The congressional super-committee is charged with coming up with $1.5 trillion of cuts eight weeks from now will almost certainly take a big whack at a category of the federal budget ca…
