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Peter Schiff: Federal Reserve’s advisory council admits we’re screwedJune 4, 2013 By Andrew Moran Leave a CommentNo economic recovery? No end in sight to quantitative easing? No conclusion to massive debt levels? Peter Schiff spoke on his 20-minute vlog Saturday about how the Federal Reserve’s advisory council essentially admitted last week that the United States is scre..

Video: is government, personal debt an issue of maturity levels?June 4, 2013 By Andrew Moran Leave a CommentLibertarian host at Fox Business Network (FBN) John Stossel had a segment on his show recently called “Personal Austerity.” In this short five-minute clip, Stossel spoke with people on the street about the national debt, which they were mortified about. When asked wh..

Federal Reserve initiates investigation into PayPal, Bitcoin for security risksJune 4, 2013 By Andrew Moran Leave a CommentThe Federal Reserve is conducting an investigation into online payment systems like PayPal and virtual currencies such as bitcoin because financial institutions are concerned those online participants could disrupt the financial system, according to offici..

The New Housing Bubble Visualized: Investment DollarsThe media are cheering the recent rise in home prices, insinuating that it's a sign the economy is improving. Those of us who actually look behind the numbers know better: it's a function of investors throwing cheap, low-risk, Fed-provided dollars at the housing market, just like they did in the mid 2000s. It's part of the "..

The Biggest Stock Market LieThis is Easy Moneylike +15 (-5) dislike Comments (0)By Briton Ryle Tuesday, June 4th, 2013 Stock market history may not repeat itself, but it tends to rhyme. So if you're worried about the economy — and how, exactly, Bernanke will end QE3 — then let me ask you a question... Do you remember the “jobless” economic recovery of 2002-2003..

Shadow Banking and Financial Fraud: Massive Asset Inflation, Who Really Benefits?By Matthias ChangGlobal Research, June 04, 2013Future Fast ForwardRegion: USATheme: Global Economy 128 25 4 222Have you ever wondered why when over 40 million Americans are on food stamps, millions of homes foreclosed and millions more unemployed, there is hardly any social unrest in the United St..

Poverty, Unemployment, Enriching the Few: The 2008 Economic Crisis and the Restructuring of Class Relations in AmericaBy Andre DamonGlobal Research, June 04, 2013World Socialist Web SiteRegion: USATheme: Global Economy, Poverty & Social Inequality 12 3 5 42The Federal Reserve Bank of St. Louis released a report Friday showing that, after adjusting for inflation, the average US..

Wealth from economic “recovery” has gone to the richest Americans By Nick Barrickman 3 June 2013 A new study from the St. Louis Federal Reserve documents the vast disparity in the fortunes of American families since the financial crisis of 2007-08, with the bulk of the “recovery” in aggregate wealth going to the richest layers of the population. The report, “After th..

Cooperative Economics: Replacing Capitalism in Collapse Posted: 06/03/2013 11:50 am Follow Homelessness, Housing Crisis, Labor, Capitalism, Co-Ops, Cooperatives, Food Deserts, Mondragon, Richmond-California, Business News 1121003 Get Business Alerts: Sign Up I live in a co-op house with 30 other people in Madison, Wis. While we pay rent to the nonprofit organization that manag..

Bank of Spain urges government to suspend minimum wage, increase retirement age June 3, 2013 By Andrew Moran Leave a Comment Delivering the Bank of Spain’s annual report Friday, Governor Luis Maria Linde urged the federal government to take a series of measures rather than just implementing budget cuts in order to jumpstart the economy. The recommendations consist of selling..