Are you a college graduate fed up with the uncertainty and stress of the job hunt? Have you been sitting in Starbucks for days, sipping lattes and hopelessly sending out job application after job application? You’re certainly not alone. There are 11.7 million unemployed people struggling to find a job in America. Prof. Carrie Kerekes presents three reasons finding a job in today’s market is so difficult: a mismatch of [...]
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From Economic Policy Journal: Never underestimate crony America’s methods in teaming up with government to screw the average American. The latest is a new government regulation that was snuck into a transportation bill, Moving Ahead for Progress in the 21st Century, aka, MAP-21. Some progress, the bill requires corporations to calculate payments into pensions based on a 25-year average on interest rates, instead of current rates. In other words, with current low rates, corporations [...] Thanks to fears over government regulations, there’s a massive $1.46 trillion treasure chest sitting idly at the Fed, excess reserves from skittish US banks. And it’s forecast to reach a startling $2.6 trillion in the next year.
This cash doesn’t do anything for the American economy, say leading analysts… < snip >
The banks see it as an asset to be accessed to meet government regulations such as recapitalization programs, toxic asset purchases and [...] HELL YEA!!!!!!!!!! Kentucky Sheriff Tells Obama… The Sheriff has more power than the Federal Government… WILL NOT COMPLY WITH GUN BAN http://unlawfulnews.com/kentucky-sherriff-tells-white-house-go-ahead-make-my-day/ Sheriffs around the country finally waking up to the fact that they have more power than the Feds…. Another high-profile sheriff who once sued the U.S. government over its gun regulations – and won – says it is the local sheriff who will have to defend Americans when and if the feds [...] Obama’s second term driving firearms sales to new heights President Obama’s re-election has sent Americans running to the gun stores. Sales of firearms and ammunition are way up in reaction to Mr. Obama saying during the debates he wants to ban everything from “cheap handguns” to common hunting rifles with scary-looking features. The two publicly traded U.S. gunmakers have seen investors flock to their stock since Nov. 6. Sturm, Ruger & Co. [...] From Economic Policy Journal: The most dangerous and evil bastard in the White House, Cass Sunstein, is leaving his WH post, reports WSJ. WSJ states that: Mr. Sunstein has long been an advocate of behavorial economics in setting policy, the notion that people will respond to incentives, and has argued for restraint in government regulations. As such, he was met with skepticism and opposition by some liberals when he was chosen at the start of [...] “The Fed didn’t tell anyone which banks were in trouble so deep they required a combined $1.2 trillion on Dec. 5, 2008, their single neediest day. Bankers didn’t mention that they took tens of billions of dollars in emergency loans at the same time they were assuring investors their firms were healthy,” Bloomberg reported today. ”And no one calculated until now that banks reaped an estimated $13 billion of income [...] Cassandra Anderson Corporate monopolies can only exist through government intervention. Government ‘assistance’ can include corporate welfare subsidies, tax breaks, insider contract deals that eliminate competition, crooked kangaroo court rulings and government regulations. An example of government regulations that exclude competition are contracts that have very narrow requirements so only the favored corporations fit the criteria. Another trick that is used to prop up corporate monopolies is the federal permitting [...] From Bloomberg: The Federal Reserve and the big banks fought for more than two years to keep details of the largest bailout in U.S. history a secret. Now, the rest of the world can see what it was missing. The Fed didn’t tell anyone which banks were in trouble so deep they required a combined $1.2 trillion on Dec. 5, 2008, their single neediest day. Bankers didn’t mention that they took tens [...] Bob Ivry, Bradley Keoun and Phil Kuntz The Federal Reserve and the big banks fought for more than two years to keep details of the largest bailout in U.S. history a secret. Now, the rest of the world can see what it was missing. The Fed didn’t tell anyone which banks were in trouble so deep they required a combined $1.2 trillion on Dec. 5, 2008, their single neediest [...] Bloomberg Markets Magazine The Federal Reserve and the big banks fought for more than two years to keep details of the largest bailout in U.S. history a secret. Now, the rest of the world can see what it was missing. The Fed didn’t tell anyone which banks were in trouble so deep they required a combined $1.2 trillion on Dec. 5, 2008, their single neediest day. Bankers didn’t mention that they took tens [...] President Obama slammed Bank of America’s $5 debit card card fee in an interview with ABCnews.com and Yahoo on Monday, calling the charge “not good business practice.” “You don’t have some inherent right just to, you know, get a certain amount of profit, if your customers are being mistreated,” he said. Later, he added, “this is exactly the sort of stuff that folks are frustrated by.” Obama [...] While meeting with his Jobs and Competitiveness Council today in Durham, N.C., President Obama cracked wise about one of his administration’s early catchphrases. Remember “shovel-ready projects.” Those were construction projects in the 2009 stimulus bill that were supposed to get moving right away — but jobs council members told Obama today that some got held up because of elaborate government regulations and permitting procedures. “Shovel-ready was not [...] House Speaker John A. Boehner (right), Ohio Republican — accompanied by (from left) Rep. Lamar Smith, Texas Republican, and Rep. Fred Upton, Michigan Republican — speaks at his weekly news conference on Capitol Hill in Washington on Thursday, May 26, 2011. (AP Photo/Harry Hamburg)
House Republicans unveiled a blueprint Thursday to create jobs that calls for easing government regulations on business that they say prevent the hiring of workers [...] no question we have passed the economic tipping point globally for debt. as no economy operates in a vacuum, the USA economy likely will not grow while other economies start slowing due to fiscal spending contractions as the consumer is not coming back to feast. there are so many opinions on what will happen next. we all have opinions – and most likely all differ. economics is a voodoo science so [...] |
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