Economy

Mitt Romney Says It’s ‘Poppycock’ To Blame President For Job Market [video]

Posted by on August 4, 2012 in Economy, Politics with 0 Comments
Mitt Romney Says It’s ‘Poppycock’ To Blame President For Job Market [video]

Video clip of Republican presidential candidate and then-Massachusetts Governor Mitt Romney, defending President George W. Bush’s economic record in 2004, that is  pertinent to this year’s election. In the clip, Romney urges voters not to blame the President for problems with the economy, saying that doing so is “poppycock.”  Said Romney: “An effort by one […]

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Reality Check: Is Congress The Real Source Of Postal Service Problems?

Posted by on August 2, 2012 in Economy, Politics with 0 Comments
Reality Check: Is Congress The Real Source Of Postal Service Problems?

Many believe that the Postal Service is in big financial trouble due to fewer people sending mail, opting instead using email and online bill pay. While that is factor, it’s only part of the story. It turns out that Congress is largely responsible for the financial situation that the Postal Service is in today. Congress blocks every attempt to cut costs. Congress requires pension funding. Congress borrows that pension money and spends it.

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License to Steal: Rolling Stone’s Matt Taibbi Explains Wall Street’s Offshore Tax Havens and Private Equity Firms [video and transcript]

Posted by on August 2, 2012 in Bankers & Wall St., Economy with 0 Comments
License to Steal: Rolling Stone’s Matt Taibbi Explains Wall Street’s Offshore Tax Havens and Private Equity Firms [video and transcript]

By Matt Taibbi, Amy Goodman, and Juan Gonzalez (Democracy Now!) In part two of our interview with Matt Taibbi, he describes recent Wall Street scandals — including a decade-long Wall Street scandal that drained money from every county and state in the United States — and notes not a single bank executive has faced individual […]

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Secrets of the .001%: 6 Things You Should Know About the $21 Trillion the World’s Richest People Are Hiding In Tax Shelters

Posted by on August 1, 2012 in Corruption, Economy with 0 Comments
Secrets of the .001%: 6 Things You Should Know About the $21 Trillion the World’s Richest People Are Hiding In Tax Shelters

By Sarah Jaffe (AlterNet.org) $21 trillion. That’s how much the world’s richest people are hiding in offshore tax havens worldwide. Or it may be more, as much as $32 trillion—the real amount is, of course, almost impossible to track. While governments slash spending and lay off workers, citing a need for “austerity” because of the […]

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Holiday Celebrations and Decorating with Payday Loans

Written by on July 28, 2012 in Economy with 1 Comment
Holiday Celebrations and Decorating with Payday Loans

Holidays are a wonderful time of the year, a great time to get festive and start decorating your home. Holiday decorations make a huge difference in the celebratory spirit within your home, and are almost essential to most people feeling like the holiday is upon them. The only issue that arises when people want to […]

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Ron Paul’s ‘Audit the Fed’ Bill Passes the House

Posted by on July 25, 2012 in Bankers & Wall St., Economy, Politics with 0 Comments
Ron Paul’s ‘Audit the Fed’ Bill Passes the House

Chris Moody (Yahoo! News) At long last, Ron Paul has his day. The House of Representatives on Wednesday overwhelmingly approved the Texas Republican’s bill to increase the transparency of the Federal Reserve. With bipartisan support, the measure passed 327-98. One Republican, Rep. Bob Turner of New York, joined 97 Democrats in voting against it.

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Are America’s Super-Rich Moving Jobs Out of the Country? [video]

Posted by on July 24, 2012 in Economy with 0 Comments
Are America’s Super-Rich Moving Jobs Out of the Country? [video]

When it comes to the US economy, America’s ultra rich look for new and more creative ways to hide their money while millions seek gainful employment. Many American goods are produced abroad – namely in China and India – and jobs are being moved outside the country. To explain more about what has happened to […]

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The Story of Change – How People can Come Together to Change the World for the Better [video]

Posted by on July 23, 2012 in Conscious Business, Conscious Evolution, Environment with 1 Comment
The Story of Change – How People can Come Together to Change the World for the Better [video]

This is an excellent, six-minute video with Annie Leonard in which she describes what we need to do to create positive changes in our world.   The Story of Change urges viewers to put down their credit cards and start exercising their citizen muscles to build a more sustainable, just and fulfilling world. It is […]

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Why So Many Opt for a Paycheck Advance

Written by on July 21, 2012 in Economy with 0 Comments
Why So Many Opt for a Paycheck Advance

A paycheck advance loan is an option that nearly everyone has. It is one of the most available loans, and probably the easiest to qualify for. These short term loans are becoming more popular for consumers with limited credit, or those who simply don’t want to be bothered with the procedures of applying for a […]

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Unemployed & Unwanted: Piling Eurozone cuts bite hard [video]

Posted by on July 21, 2012 in Economy with 0 Comments
Unemployed & Unwanted: Piling Eurozone cuts bite hard [video]

Spain may be the EU’s 4th largest economy, but it tops the ranks when it comes to the number of unemployed. Almost 6 million people are out of work and desperate to find ways to survive. Some are turning to other countries in the hope of finding a better life, but as RT’s Tesa Arcilla […]

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3 Reasons Why Summer Is the Best Time to Save Money

Written by on July 19, 2012 in Economy with 0 Comments
3 Reasons Why Summer Is the Best Time to Save Money

We can almost hear the rising sound of circumspect voices—“how ever can one expect to save money in summer?! Summertime is all about holidays and other pointless, yet major expenses.” Summer vacations and trips abroad aside, summertime is not that bad a time to save some useful cash for later on. According to several experts […]

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Keiser Report: Alien Bankers, Leave Earth Alone! [video]

Posted by on July 19, 2012 in Economy with 2 Comments
Keiser Report: Alien Bankers, Leave Earth Alone! [video]

In this episode of the Keiser Report, Max Keiser and co-host, Stacy Herbert demand that the CEO of JPMorgan Chase, Jamie Dimon, leaves the Earth alone!  Herbert makes reference to Dimon’s statement regarding a trade that has cost the bank $5.8 billion this year, almost triple its original estimate, “has shaken our company to the […]

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Who Exploits You More: Capitalists or Cronies? [video]

Posted by on July 18, 2012 in Economy with 1 Comment
Who Exploits You More: Capitalists or Cronies? [video]

One common claim is that capitalism exploits the masses for the benefit of the few. Many people who think capitalism exploits workers advocate increasing government power over the economy.  In this 2-minute video, professor Matt Zwolinski suggests, however, that government power may be more exploitative than free-market capitalism. After all, in the marketplace, individuals have […]

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How Cronyism is Hurting the Economy [video]

Posted by on July 12, 2012 in Economy with 0 Comments
How Cronyism is Hurting the Economy [video]

It is clear big businesses wield great control over the federal government. How do we stop this so-called crony capitalism, or collusion? Professor Jason Brennan argues that while it may seem paradoxical the best solution is to limit government power. He provides two reasons for this. First, the power to “regulate the economy” is really […]

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