Money manager Peter Schiff says, “Cyprus is a wake-up call for everybody who has a bank deposit. . . . When you are depositor, you are in fact . . . lending your money to the bank.” Schiff predicts, “There’s no question . . . banks will fail. The question is will government do the right thing and allow depositors to lose money. Or, do the wrong thing and bailout depositors by printing [...]
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by Chriss Street, Testosterone Pit.com: When the dreaded sequester took effect on March 1st, the only immediate economic pain federal workers suffered was canceling White House tours eliminated Secret Service over-time. But over the last two weeks, the dirty little secrets about expected higher taxing and higher spending are pouring out of Washington D.C. As the Congress finishes work on the stop-gap budget to avoid a March 27th shut down and fund the government [...] Robert Wenzel Operators of small businesses are going to be cutting full time employees throughout 2013 to under 50, to stay under the Obamacare tax. Here’s the thinking of one small business owner: Here is what I am doing for the rest of the year — working with every manager in my company so that as of January 1, 2013, none of our employees are working more than 28 hours a week. I think [...] http://www.californiagasprices.com/index.aspx?fuel=D Diesel SHOULD be cheaper. It is less refined than Gasoline. You can take crude oil… heat it and Diesel will “come out” of the sludge all on it’s own. Watch the truckers who keep this nation in motion stop dead in their tracks. I know supply and demand… but no deliveries will make fuel even more expensive. No word yet… from any media… but $6.00/ Gallon for Diesel means truckers will have to [...] by Michael You can tell a lot about a nation by the condition of the infrastructure. So what does our infrastructure say about us? It says that we are in a very advanced state of decay. At this point, much of America is being held together with spit, duct tape and prayers. Our roads are crumbling and thousands of our bridges look like they could collapse at any moment. Our power [...] by Michael Ready or not, QE3 is here, and the long-term effects of this reckless money printing by the Federal Reserve are going to be absolutely nightmarish. The Federal Reserve is hoping that buying $40 billion worth of mortgage-backed securities per month will spur more lending and more economic activity. But that didn’t happen with either QE1 or QE2. Both times the banks just sat on most of the extra money. [...] By Michael Ready or not, QE3 is here, and the long-term effects of this reckless money printing by the Federal Reserve are going to be absolutely nightmarish. The Federal Reserve is hoping that buying $40 billion worth of mortgage-backed securities per month will spur more lending and more economic activity. But that didn’t happen with either QE1 or QE2. Both times the banks just sat on most of the extra money. [...] by Michael How in the world is someone supposed to actually prepare for an economic collapse? What should you do with your money? How can you make sure that your family is going to be okay? How can you prepare if your resources are extremely limited? These are the kinds of questions people ask me all the time. Once people understand that the economy has been collapsing and will continue to collapse, then [...] From MoneyCrashers: As gas prices remain high, improving your car’s mileage is crucial. By stretching a tank of gas further, you can reduce the amount of times you must fill up per month, which can help you stick to your budget. This is especially important for those who purchased non-efficient cars when gas was cheaper. But regardless of what car you drive, you can always use a little extra money at the end [...] This is commentary from political blogger and cartoonist Rob Tornoe. Over the weekend, Gov. Chris Christie once again force-fed a conservative crowd a healthy dose of red meat, saying President Obama was “posing and preening” instead of working to resolve the pressing issues facing the country. It struck me as odd he would use that particular attack line, considering Christie has traveled across the country to put himself in the spotlight as [...] The more likely scenario if Greece defaults is that Germany will finally accept the introduction Eurobunds, and Europe will be fine for a couple of years. If not … - There is nothing that force Greece to leave the Euro. It’s simply not in the treaty laws. - There is nothing that can stop Greece from simply printing billions of its official currency … THE EURO ! The money circulation is not controlled by [...] Tests carried out on 60 different types of car Motorists are paying hundreds of pounds more than they might expect to fill up their cars because fuel economy figures are overstated, a report claims. And it is some of the cars that trade most on their ‘green’ and fuel-efficient eco credentials where the gaps between the official figures and reality are greatest, [...] MADISON, Wis. (AP) — The federal government has warned Wisconsin officials the state’s unemployment rate has improved enough to end extended jobless benefits. Wisconsin’s unemployment rate had been high enough to qualify jobless people in the state for 13 extra weeks of federal unemployment benefits. But the state’s three-month average improved to 7 percent in February, making the state ineligible for the extra money. (Excerpt) Read more at news.yahoo.com … Business Secretary Vince Cable says replacing the 50p tax rate with some form of wealth tax is among a “complex set of negotiations” within the coalition ahead of the Budget. The Lib Dems were not “ideologically wedded to the 50p tax rate”, he said. But he added that if it were to go, it “should be replaced by taxation of wealth”. Business organisations and many Tory MPs want the 50p tax on earnings [...] Number of students in 2000: 15,312 (in thousands) Average Tuition: $10,818 per year Number of students in 2009: 20,427 (in thousands) Average Tuition: $17,633 per year
Student Increase: 33% Tuition Increase: 63%
Number of colleges in 2000: 6,479 Number of colleges in 2009: 6,632 Increase: 2.3%
College teachers in 2000: ~1,113,000 - included grad students who teach College teachers in 2009: ~1,439,000 - included grad students who teach Increase: 29%
The number of students and the rate of [...] Scenario 1: Jack goes duck hunting before school and then pulls into the school parking lot with his shotgun in his truck’s gun rack. 1957 – Vice Principal comes over, looks at Jack’s shotgun, goes to his car and gets his shotgun to show Jack. 2010 – School goes into lock down, FBI called, Jack hauled off to jail and never sees his truck or gun again. Counselors called in for traumatized students [...] |
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