05
Feb
From Vdare.com… In January 2012: Total employment rose 847,000 (+0.60 percent) non-Hispanic employment rose 33,000 (+0.03 percent) Hispanic employment rose 814,000 (+3.93 percent) In percentage terms, Hispanic employment grew 131 times faster than non-Hispanic employment. The brutal explanation: Hispanics, immigrant and native-born, are systematically more willing to work for less. Hispanic employment is interesting, but [...]
Posted in Economics, Immigration, Obama |
10
Jan
Obama’s new director of the Office of Management and Budget at a Senate Hearing. Jeff Sessions questions her about claims that the government can afford it’s current budget and pay down the debt at the same time. Higginbottom struggles desperately to defend statements about the budget made by Obama and herself. During 09-10, Obama added [...]
Posted in Economics, Obama |
04
Jan
For a long time, CofCC.org has been saying that the Obama administration desires to purposefully cause mass inflation. Obama’s recycled ex-Clinton economic advisers say inflation is the only way to increase property values and make US exports affordable to other nations.
Posted in Economics, Obama |
20
Dec
Posted in Banking, Economics, Europe |
05
Dec
Italy borrowed and borrowed until their national debt greatly exceeded their GDP. Now they have to borrow just to pay the interest. Meanwhile massive taxes have driven much of the economy underground, so fewer and fewer citizens are actually reporting their full income. (Think California) In order to receive another $30 Billion in loans, the [...]
Posted in Banking, Economics, Italy |
02
Dec
The big US banks have bought lots of bad debt from Europe. Instead of being told to deal with their own problem, the FED is going to bail them out again! Meanwhile, bankers who commit large acts of fraud are given inconsequential fines or never prosecuted. China recently EXECUTED two bankers engaged in fraud. Between [...]
Posted in Economics |
24
Nov
Since all Chinese companies are owned by the government they have virtually unlimited capital. Chinese are buying up minerals rights and companies all over the world. They are are even buying up all the mineral rights in Afghanistan by outbidding American companies. Volvo was sold to a Chinese company by the Ford on January 1st, [...]
Posted in China, Economics |
22
Nov
The award winning 2010 documentary on the US banking system is now available online in a new updated version. Click here to see the national debt clock.
Posted in Banking, Economics, Federal Reserve |
20
Nov
Posted in Banking, Federal Gov, Obama |
17
Nov
When China and other stopped buying US debt, Federal Reserve Chairman Ben Bernanke simply turned on the presses. The Federal Revers Bank now owns nearly $1.7 trillion in US securities. Over double what they owned last year. The securities are purchased by printing new money and inflating the value of the US dollar. Read More.
Posted in Economics, Federal Gov |