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Category Archives: U.S. economy
The Modern Feudal System: A Vicious Cycle
You owe $130,471 of the national debt, and counting. Every American taxpayer does. The top 20% of Americans own more than 80% of all assets in the country. And many of them pay only a 15% tax rate. General Electric, … Continue reading
Bankers or Robbers?
According to the Washington Post, JPMorgan Chase has agreed to pay $153.6 million in civil damages over “misleading investors” with regard to mortgage securities. This comes after Goldman Sachs was fined $550 million by the Securities Exchange Commission almost a … Continue reading
Posted in Big Business, corporacracy, corporations, federal government, government corruption, profits, U.S. economy, U.S. judiciary
Tagged bankers, banks, capitalism, civil, economics, fines, fraud, recession, regulation, SEC, wall street
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The Falling Dollar and what it could mean
Over the last year, the dollar has crept down 12.5% against the euro. Good luck taking that Spanish vacation with a rate drop like that. Many doomsayers and pundits are predicting a second Great Depression with this troubling news. Of … Continue reading
Posted in Big Business, corporacracy, corporations, federal government, investments, jobs, profits, U.S. economy, Uncategorized
Tagged assets, bailout, bonds, central bank, debt, dollar, economy, exchange rates, federal reserve, future, inflation, interest rates, rates, tarp, trade, unemployment, wall street
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What is “corporacracy”?
Corporacracy—a quasi-government formed by corporations operating with minimal constitutional restraints and one goal, profits—contradicts the very ideal of democracy. Continue reading
The Whistleblower 