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The Great Recession is officially over, but Americans are still
The Great Recession is officially over, but Americans are still 40% poorer today than they were in 2007, the year before the global financial crisis. ...
Benefit cuts to food stamp recipients kicked in Friday, a move by
Benefit cuts to food stamp recipients kicked in Friday, a move by Congress that will siphon $5 billion off a program that helps one in seven Americans...
(I first shared this story back in March. It was only a matter of
(I first shared this story back in March. It was only a matter of time before it began to play itself out. That time appears to be now). Assets in bo...
Last year, the Big Five oil companies – Exxon Mobil, BP, Conoco
Last year, the Big Five oil companies – Exxon Mobil, BP, Conoco Phillips, Shell, and Chevron – made $119 billion in profits. Yet, they will receiv...
Banking analyst Meredith Whitney says the effects of Detroit’s
Banking analyst Meredith Whitney says the effects of Detroit’s declaration of bankruptcy last week on the multi-trillion dollar U.S. municipal bond ...
Due to the wonders of fracking, the U.S. will supposedly overtake
Due to the wonders of fracking, the U.S. will supposedly overtake Russia as the world’s largest producer of oil and gas this year, if it hasn’t al...

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