Economy

The United States of Poverty and Inequality

Posted by on February 23, 2014 in Economy with 0 Comments
The United States of Poverty and Inequality

The United States of Poverty and Inequality: New report shows that no matter which state you live in, the 1% are making even more gains as the rest fall back

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29 Percent Of All U.S. Adults Under The Age Of 35 Are Living With Their Parents

Posted by on February 20, 2014 in Economy with 0 Comments
29 Percent Of All U.S. Adults Under The Age Of 35 Are Living With Their Parents

According to a stunning Gallup survey that was recently released, nearly three out of every ten adults in the United States under the age of 35 are still living at home with Mom and Dad. This closely lines up with a Pew Research Center analysis of Census data that looked at a younger sample of Americans which found that 36 percent of Americans 18 to 31 years old were still living with their parents. That was the highest level that had ever been recorded.

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Peter Schiff: Gold Update, the Dollar Will Collapse First, Janet Yellen Wants More Inflation, and More

Posted by on February 17, 2014 in Economy with 0 Comments
Peter Schiff: Gold Update, the Dollar Will Collapse First, Janet Yellen Wants More Inflation, and More

Peter Schiff, the CEO of Euro Pacific Precious Metals, says, “The messes get progressively bigger because the bubbles get progressively bigger. We have the biggest bubble ever blown right now because we have a simultaneous bubble in the stock market and the real estate market and the bond market.

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America’s “We” Problem

Posted by on February 15, 2014 in Economy with 1 Comment
America’s “We” Problem

America has a serious “We” problem — as in “Why should we pay for them?” The question is popping up all over the place. It underlies the debate over extending unemployment benefits to the long-term unemployed and providing food stamps to the poor.

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Government Lays Groundwork To Confiscate Your 401k and IRA: “This Is Happening”

Posted by on February 14, 2014 in Economy with 1 Comment
Government Lays Groundwork To Confiscate Your 401k and IRA: “This Is Happening”

This morning Reuters obtained a leaked proposal disclosing that European Union officials are looking for new and innovative ways to fund their immense debt levels. They’re no longer turning exclusively to central bankers to simply print more money as needed. Because last year’s bank bail-in forcing the confiscation of funds from average depositors in Cyprus worked so well, EU regulators and bankers have determined that they’ll use a similar method to fund their future endeavors. In a nutshell, and in Reuters’ own words, “the savings of the European Union’s 500 million citizens could be used to fund long-term investments to boost the economy and help plug the gap left by banks since the financial crisis, an EU document says.” The solution? “The Commission will ask the bloc’s insurance watchdog in the second half of this year for advice on a possible draft law “to mobilize more personal pension savings for long-term financing”, the document said.” Mobilize, once again, is a more palatable word than, say, confiscate. This is what happens when governments run out of money. For all intents and purposes, a similar groundwork is being laid right here in America.

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Wall Street Bank Murder Conspiracy and Cover Up

Posted by on February 13, 2014 in Economy with 0 Comments
Wall Street Bank Murder Conspiracy and Cover Up

Three prominent Wall Street executives and one financial reporter have all died within 19 days, with all of them connected to investigations on financial fraud.

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Presence over Profit: The Psychology of Intrinsic and Instrumental Value

Posted by on February 11, 2014 in Economy with 0 Comments
Presence over Profit: The Psychology of Intrinsic and Instrumental Value

Money is a pure abstraction, about which we have some unbelievable superstitions and mental blocks. Even worse, it’s an abstraction of an abstraction; one that inculcates a sense of guilt. When money becomes the goal of life, we tend to confuse it with happiness and pleasure. When we see others without money we tend to confuse their poverty with unhappiness and displeasure, thereby creating guilt. Most of this happens subconsciously. But it’s a natural psychological reaction that plays upon our powerful system of empathy, which leads to our thinking that we should do something to relieve the suffering of others while also assuaging our own guilt.

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Economic Elite Announce Plan to Replace Human Labor with Machines

Posted by on February 9, 2014 in Economy with 1 Comment
Economic Elite Announce Plan to Replace Human Labor with Machines

Speaking at the recent Davos economic conference – widely considered to be the elite economic forum to discuss trends and political strategy – an expert in artificial intelligence and machine learning, Jeremy Howard, had some stunning announcements that indicate a major shift in employment is set to occur very soon. As Howard states in the video below, we have hit a critical threshold where machine intelligence is performing better than even the leading experts in the fields of medicine, science, and banking among others. This has vast ramifications, as this crossover coincides also with the replacement of skilled and non-skilled human labor with robots. Between the two events, people from all economic classes are being threatened with replacement in an unprecedented way. It is being called technological unemployment – a type of permanent unemployment that greatly exacerbates our current recession/depression, because the lost jobs most likely will never return.

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Bankster Suicides and Bank Run Chatter

Posted by on February 7, 2014 in Economy with 0 Comments
Bankster Suicides and Bank Run Chatter

James Corbett and James Evan Pilato cover the economy this week and more including: Financial world shaken by 4 bankers’ apparent suicides in a week; Harvard Economist Is Pulling All His Money From Bank Of America; Nikkei hardest hit amid global share sell off…

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Chris Hedges: Crisis Zones and the Collapse of Complex Societies

Posted by on February 6, 2014 in Economy with 0 Comments
Chris Hedges: Crisis Zones and the Collapse of Complex Societies

Abby Martin features an exclusive interview with Pulitzer Prize winning journalist Chris Hedges concerning areas of extreme poverty that he refers to as crisis zones, as well as the reasons behind the collapse of complex societies.

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Zappos to Become Largest Company to Embrace a Self-Governing Structure

Zappos to Become Largest Company to Embrace a Self-Governing Structure

If all goes well, by the end of this year Tony Hsieh won’t be the CEO of Zappos. In fact, he’ll just be another employee, without a title. Zappos has been widely recognized for maintaining a thriving community culture within the company through it’s emphasis on positive employee lifestyles.

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Harvard Economist Expects Bank Runs, Withdraws $1 Million from BofA

Posted by on February 4, 2014 in Economy with 0 Comments
Harvard Economist Expects Bank Runs, Withdraws $1 Million from BofA

In today’s video, Christopher Greene of AMTV reports on Terry Burnham, a former Harvard economics professor, who suspects there might be a bank run at Bank of America and therefore he withdrew the bulk of his holdings. Read more HERE.

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What’s The Alternative?

What’s The Alternative?

In a world where we’re conditioned to believe in the animalistic concept of ‘survival of the fittest” and that having a big house, shiny car and piles of money in the bank makes us better than others, we need to actively evolve our consciousness in order to break through to the other side.

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The Paper Silver & Gold Dominoes Are Falling — Jan Skoyles

Posted by on February 2, 2014 in Economy with 0 Comments
The Paper Silver & Gold Dominoes Are Falling — Jan Skoyles

Writer and researcher Jan Skoyles joins us to discuss German gold, the paper silver and gold Ponzi, three dead international bankers in one week and the stunning work of her pal Koos Jansen, the man Harvey Organ calls the ‘go-to researcher” when it come to Chinese gold accumulation and the Shanghai Gold Exchange. Thanks for tuning in. Jan’s site: http://therealasset.co.uk/

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To Truly Address Inequality, Let’s Build a People-Centered Economy

Posted by on January 31, 2014 in Economy with 1 Comment
To Truly Address Inequality, Let’s Build a People-Centered Economy

The high-tech hubs and natural gas drilling the president called for in his state of the union speech aren’t the answer to our economic woes. Instead, we need to follow the leadership already coming from communities, workers, and small-business owners.

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