Tag Archives: wages

Beware the Ides of Goldman

Goldman Trump says this revolution and this recovery isn’t happening. “Trump will nominate another Goldman Sachs banker, James Donovan, for a key financial post as deputy Treasury secretary … . Donovan joins his former peers, Treasury Secretary Steven Mnuchin and chief … Continue reading

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Rolling over Debt until you Die

Sometimes a few words say a lot. “For a long time, debt and the banks grew at about two times the rate of growth in the economy. But lately, this has exploded. Today it’s up to 30 to 1.” (Jim … Continue reading

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Statists and Banksters pass You the Bag

BREAKING BAD (DEBT) – EPISODE ONE February 28, 2015 by JimQ … The Federal Reserve issued their fourth quarter Report on Household Debt and Credit last week to the sounds of silence in the mainstream media. There were minor press … Continue reading

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The 1%: Vampires

(As I’ve said before, this is the new economy: Wall Street is systematically bleeding Main Street, sucking the life-blood out of the middle class. The condition is terminal for the United States.) The Fed’s Hobson’s Choice: End QE and Zero-Interest Rates or … Continue reading

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