I read that it was above ten per cent. I guess that means it is bad, but they don't want to admit just how bad it is.
As long as everything for sale in the stores is made in China, our people will continue suffering from a falling standard of living. We have to realize that we are our own...
Employers want someone with about five to ten years experience, yet young and good looking, with an MBA to work for minimum wage part time. Trouble is, they will find what they want. The economy is so messed up now, I don't see it healing itself in my life time.
The system works for some, and not for others. One of the kids across the street got himself shot in a gang related incident. The last I heard, his medical bills were over $90,000. Since they are undocumented (used to be illegal) immigrants, they will pay nothing.
My health insurance runs...
Afghanistan has a potential bonanza in mineral wealth. Unfortunately, it is also a diverse country of uncontrollable people. Even the Brits couldn't get past the Khyber Pass. The only way those mineral resources can be utilized is to implement a remove and replace program. The original...
Well supposedly North Korea is going to start a nuclear war tomorrow, oops, it is after midnight, so I guess it is on for today. I guess I will put off cutting the lawn just in case one of their petards lands in our neighborhood.
The North Koreans are advertising the event like a fourth of...
Dennis, you are so right. They cannot lie us out of an economic depression. The worse is yet to come. When the government cannot continue transfer payments like unemployment, food stamps, Social Security and SSI we will really have it tough. Increasing the money supply just steals value from...
Lets see what happens when Obama care hits company budgets. I suspect bigger companies will either produce abroad or become sales agents for foreign companies. Small companies will probably fold. That is just my suspicion, but I guess we will find out soon enough.
Mean while, the EPA and some radical, left wing environmentalist are doing their best to prevent the development of copper mines here in the US by the greedy, money grubbing capitalist.
http://resolutioncopper.com/
http://rosemontcopper.com/
Looks like we will be importing copper from...
Unfortunately, our problems are structural, and our economy will not be able to self heal. We no longer can be the policeman, banker, and industrial engine of the world. That role belongs to China now.
We need to cut our loses. The tax system leaves about half of the population untaxed, but...
I see where the unions are organizing the fast food industry. That will be the end of the industry. The profit margins are not big enough to carry this. To handle the wage increase plus probable expenses related to Obama care they would have double or triple the price of the product. The...
Ewesheep, I sure hope things work out for you. We are in difficult times now, and we need to think outside of the box. We cannot wait around to be called back to work at factories that have closed or moved abroad. We have to re invent ourselves. Those of us that are too old to start over...
Mussolini said that paper never refuses ink. Eventually, reality will sink in. They cannot talk the nation out of a depression. The stock market is the place people see as safer than cash. That is why it is still doing better. But, we have to ask ourselves, who is putting all of that money...
I also see where people are standing in line to shop at empty supermarkets in Venezuela. Also, the government of Argentina has frozen prices of groceries. Governments can confiscate businesses and sell the goods cheaply, but when those goods are gone, what then? They can do the same with...