economics

unemployment rates

May 10, 2015
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unemployment rates

There are two powerful numbers depicting the unemployment rate in the USofA today. The government figures widely published by mainstream media has unemployment at 5.4%. That doesn’t sound too bad. Heck, in spite of everybody knowing numerous friends and neighbors who are looking for work, the numbers tell us it isn’t a widespread problem. Ah,…

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Wine VS Kool-Aid

May 7, 2015
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Wine VS Kool-Aid

Ravalli Electric Co-op sent surveys to 7,524 households in my area. They published preliminary results in their May customer newsletter. More proof I live in the right neighborhood. Were this survey taken in the place of my birth, where I finally matured to understand I was on the wrong planet, the results would have been…

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Do as I say, not as I do … suckers

May 6, 2015
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Do as I say, not as I do … suckers

Most people who have any savings at all have it “invested” in stocks, bonds, real estate, mutual funds or bank deposits. ALL of those are floating on a cushion of paper currencies with every central bank in the world printing (electronically now) rapidly increasing mega-volumes of unbacked currencies to keep all of these bubbles alive.…

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economic collapse triggers

May 5, 2015
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Before you watch this short YouTube video, web-search “Jim Rickards” to understand the credibility of the source. His credentials exceed those of nearly everyone else you could be watching. – Ted . The 5 Catalysts That Will Trigger an Economic Collapse GoldSilver.com Many in the U.S. Intelligence Community warn a severe economic collapse is unavoidable…One…

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the burden of the WAR / DRUG budget

April 28, 2015
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the burden of the WAR / DRUG budget

In 2014, Americans filled 4.3 billion prescriptions while spending a record amount of $374 billion for their medications. United States on-budget military spending in 2014 was $600.4 billion. For purposes of this discussion, we will ignore the much reported, but unknowable amount of black money that significantly increases the total. Nevertheless, given a USofA population…

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Do as they do, not as they say

April 27, 2015
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Do as they do, not as they say

Why Is JP Morgan Accumulating The Biggest Stockpile Of Physical Silver In History? By Michael Snyder Why in the world has JP Morgan accumulated more than 55 million ounces of physical silver? Since early 2012, JP Morgan’s stockpile has grown from less than 5 million ounces of physical silver to more than 55 million ounces…

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Iceland economics – same as the old boss

April 9, 2015
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Iceland economics – same as the old boss

Meet the new boss; same as the old boss. In Animal Farm, George Orwell writes of the barnyard overthrowing the wicked farmer and the evolution to a new boss – with no fundamental change in the structure of users and usees. That comes to mind as I trip over a Chicago-School economist reviewing and recommending…

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big spender on public schools

April 3, 2015
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I wrote, published and used the article below as part of my election campaign for Idaho Governor in 2006. Nine years later I’m looking smarter and smarter. But the electorate put their Xs next to the R … hmmm does “R” stand for “Rather not think about it”? Butch the R just signed a bill…

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unemployment stats

March 8, 2015
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unemployment stats

Because the federal government likes to take credit for employment levels, in 1994 they decided to stop counting people who still cannot find gainful employment after 6 months or more of looking. Ya-see, they aren’t The Unemployed anymore, they are something else … like homeless or living in Mom’s basement … disappeared off the unemployment…

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The Startling Truth About the US Dollar

February 27, 2015
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I am impressed by the following article. It is gorgeous in its clarity and simplicity. Many of us struggle to explain it, but always sense the skepticism. It so obviously cannot be true. Yet, right there in front of our faces, is the truth. The grandest theft ever accomplished happened in front of millions of…

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1958 cost of living

February 23, 2015
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1958 cost of living

Running around Facebook is a poster showing the cost of living in 1958. It is, of course, priced in 1958 dollars which were still directly exchangeable on demand for silver dollars, halves, quarters and dimes. The poster is horribly deceptive. The Federal Reserve had already printed far more paper dollars than there was silver to…

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Retail sales down, with one intriguing exception

January 10, 2015
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by Vin Suprynowicz America’s remaining retailers were already pretty well shell-shocked after seven years of Great Recession administered by those geniuses from Goldman Sachs. But store owners got whacked again when they totaled up retail sales for the long Thanksgiving weekend — traditional start of the Christmas shopping season — and found they were down…

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The End Game is Underway

January 10, 2015
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By Jim Willie, GoldenJackass.com   As 2014 leaves off and 2015 begins anew, the main theme seems to be the end of the American Empire, the demise of the Petro-Dollar, the blunt of USMilitary over-reach, and the global urgency of putting the King Dollar into a cement casing coffin. The global movement will gain strong…

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currency: how it works

December 16, 2014
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This is the best, most succinct explanation of how currency works, how the economy works, why single-income middle class no longer exists and a lot more. Mike Malone’s team created an understandable, accessible video that breaks it all down for those who do “GET” economics yet makes it clear for those who have not been…

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balance of trade problem solved

December 10, 2014
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balance of trade problem solved

The Balance of Trade Deficit Requires Government Action #23 in a series from FEE.ORG (Editor’s Note: An earlier version of this essay was published in The Freeman in December 1998.) I have a dirty little secret. It’s about a nagging problem I have had for a long time. It just never seems to go away.…

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More Lies from ‘Our’ Government

November 11, 2014
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More Lies from ‘Our’ Government

Paul Craig Roberts The Latest Jobs Report November 11, 2014 Editorial By Paul Craig Roberts Just as the German media has destroyed its credibility with lies, the US government is consistently destroying Washington’s credibility both with its own citizens and the rest of the world. Russia and China, the other two significant nuclear powers, no…

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presidential spending

October 31, 2014
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I wrote and published this September 20, 2008. People keep bringing up the grand mythology about Republicans being fiscally responsible and as often as not cite Reaganomics as some magical system that we would be fortunate to have back. I would kind-of like to update the charts, but it would be tricky as the Clinton…

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investment security today

October 29, 2014
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investment security today

The dollar, the stock markets, bonds and mutual funds have been dancing on the edge of a major precipice since 1988. Many trained, knowledgeable analysts have described it. I have studied both sides of this for over 20 years. The Federal Reserve and other central banks of the world have constantly and continually kept it…

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Shadowstats

August 13, 2014
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Shadowstats

The Shadow Cabinet is a feature of the Westminster system of government. It comprises a senior group of opposition spokespeople who, under the leadership of the Leader of the Opposition, form an alternative cabinet to that of the government, and whose members shadow or mark each individual member of the Cabinet. Members of a shadow…

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great news show

August 13, 2014
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Paul Craig Roberts is among the most credible sources of information and analysis available today. An economist in the Reagan Administration; researcher and analyst thereafter. He is knowledgeable, informed and connected to great sources of information. In this YouTube show, he covers the important BIG news of the day. The world we know is simultaneously…

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The Chaos is Planned

July 21, 2014
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The Chaos is Planned

-Rob Kirby By Greg Hunter On July 21, 2014 In Economy No Comments By Greg Hunter’s USAWatchdog.com Derivatives and gold expert Rob Kirby contends financial markets are controlled by the U.S. Treasury.  For example, Kirby contends, “The Interest rate derivative trade means the U.S. Treasury can make banks captive buyers of any amount of U.S. government debt…

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Toilet Paper Money

July 14, 2014
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I tripped over this post that I apparently published as a “private” here in 2007. It was the only one like that, I cannot remember where it came from or who wrote it, but cannot think of any good reason to not share it with you. Some of the information is dated, but nearly all…

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unemployment 4X government claims

July 8, 2014
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unemployment 4X government claims

Virtual Economy’s Phantom Job Gains Are Based on Statistical Fraud — Paul Craig Roberts Virtual Economy’s Phantom Job Gains Are Based on Statistical Fraud And More Fraud Is in the Works Paul Craig Roberts Washington can’t stop lying. Don’t be convinced by last Thursday’s job report that it is your fault if you don’t have…

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poor folks

June 27, 2014
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poor folks

Though she now regrets saying it, Hitlary was trying to build empathy by telling her fans that the Clintons “were basically broke” when they left the White House. Poor things. Got a $80 million dollar house in New York City, secret service servants, senate seat, speaking bribes fees … after walking out of the White…

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government protection for candlemakers

June 25, 2014
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The End of the Government Sponsored Taxi Cab Dear Laissez Faire Today Reader, Imagine this scenario. You’re the head of a brand new company. Your competitors have been in the market for centuries. They’re well organized, powerful, and politically connected. Your product is revolutionary, but you’re having a tough time getting your name out there.…

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