Category Archives: Price
WANT TO “BEHEAD” ISIS? GET U.S. OFF OIL ASAP
A recent Bloomberg article notes that “ISIS” is more or less a “Taliban with oil fields”: “The Islamic State, which now controls an area of Iraq and Syria larger than the U.K., may be raising more than $2 million a … Continue reading
NO, IT’S NOT YOUR IMAGINATION: YOUR REAL WAGES ARE GOING DOWN
You know that cold dread that drops into the pit of your stomach when you check your balance and see that you’re down to your last few dollars and payday is still a week away? Too much month at the … Continue reading
PART 2: WHAT “RECOVERY”? WHO CAN AFFORD ANYTHING?
Who can afford anything? Not many people, it seems. As noted in yesterday’s post, half of America cannot afford the house they are “buying,” while at the same time rents are skyrocketing, with the number of people who pay half … Continue reading
WHAT “RECOVERY?” WHO CAN AFFORD ANYTHING?
Scene: a typical American coffee shop. We see two casually-dressed friends sitting at a table, talking quietly and drinking a cup of joe. We notice one has a “grande” while the other has a “tall.” Suddenly we hear loud guffawing … Continue reading
PEOPLE CATCHING ON TO BANK FRAUD–OR JUST BROKE?
Black Knight (formerly LPS, the peddlers of fraudulent mortgage documents) reveals that according to its calculations, mortgage originations are at their lowest level ever. Here’s the Zero Hedge summary of the data: New mortgage originations fell over 23% month-over-month and … Continue reading
WHY DOES EVERYTHING COST SO MUCH? SCHIFF EXPLAINS
The simple answer is, of course, inflation. The powers that be are trying to convince us that inflation is a good thing, a healthy thing, as Peter Schiff notes here: “It is no accident that the concept of ‘inflation’ has … Continue reading
YOUR MONEY IS WORTHLESS BY DESIGN
As usual, Max Keiser’s show is always worth watching. This time, it’s for something his guest–Simon Rose of Save Our Savers said almost offhandedly toward the end of the show (23:57 mark): “It’s like being in The Matrix. You know, … Continue reading
ANTI-MINIMUM WAGE ARGUMENT DESTROYED
The argument against raising the minimum wage that one encounters quite a bit on social media and forum/blog comments goes something like this: if and when minimum wage is raised, it only makes the cost of goods and services go … Continue reading
POPE: “Money must serve, not rule”
So it turns out the new Pope is just like me, but infallible! Or at least he thinks like me when it comes to money issues. I read parts of his latest exhortation, and I was overjoyed to hear his … Continue reading