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dailyreckoning.com.au / By Bill Bonner / April 8, 2013
Hey…where’s all that internet wealth when you need it?
From the Daily Mail in London:
‘US sees highest poverty spike since the 1960s, leaving 50 million Americans poor… The number of Americans living in poverty has spiked to levels not seen since the [...]
theeconomiccollapseblog.com / By Michael Snyder / April 7th, 2013
The jobs recovery is a complete and total myth. The percentage of the working age population in the United States that had a job in March 2013 was exactly the same as it was all the way back in March 2010. In addition, as you [...]
alt-market.com / By Brandon Smith / March 22, 2013
Preparation for disaster, whether natural or man-made, should be as vital as any ideal found in the various practices of religion and spiritualism. Preparedness should be treated with reverence, discipline and duty. The drive for preparation should be seated in the very heart [...]
indystar.com / By Meritxell Mir / February 20, 2013
BARCELONA – With two small children and no income for the past two years, Antonio Delgado, 44, says things were so bad he had considered taking his life.
Then a few months ago, Delgado found out about a group that rents small parcels [...]
dailyreckoning.com.au / By Bill Bonner / February 11th, 2013
‘As long as I live under the capitalistic system, I expect to have my life influenced by the demands of moneyed people. But I will be damned if I propose to be at the beck and call of every itinerant scoundrel who has two cents [...]
For young people facing terrible job prospects and a generally bad economic environment going forward, starting a business sounds very appealing. It has advantages over embedding yourself in a big institution, taking your wages in forms of benefits, and hoping (against hope) to climb the [...]
charleshughsmith.blogspot.com / By Charles Hugh Smith / January 28, 2013
If we understand the simple dynamics of value creation, total compensation costs and the cost-basis of doing business (general overhead), then we understand why employment isn’t coming back in the U.S.
It is impossible to understand job creation without understanding value creation and labor/overhead costs. [...]
globaleconomicanalysis.blogspot.com / By Mike “Mish” Shedlock / Monday, December 24, 2012 11:12 AM
If you have a job be thankful. Be especially thankful if you have a job you really like. Stories like the one following show what many people want for Christmas is a job, perhaps any job.
zerohedge.com / by Tyler Durden / 12/11/2012 10:29 -0500
There was a time when working on Wall Street, either on the sell or buy side, was the dream of every able-bodied worker who could do simple addition in their head and wasn’t afraid to cut the occasional corner in exchange for a bottle of Bollinger [...]
theeconomiccollapseblog.com / By Michael / December 9th, 2012
The mainstream media is heralding the decline of the official unemployment rate to 7.7 percent as evidence that the U.S. economy is improving. But it is a giant lie. The truth is that unemployment in America is not actually going down. The percentage of working age Americans [...]
aei-ideas.org / By Mark J. Perry / November 9, 2012, 8:11 pm
President Obama, speaking at an AFL-CIO conference in April this year, “I believe when folks try to take collective bargaining rights away by passing so-called right-to-work laws, which might also be called ‘right-to-work for less’ laws, that’s not about economics, [...]
In the expeditiously metastasizing economy of globalization, the traditional means of accomplishing work in everyday life now have the opportunity to be revolutionized in their present makeup. To a small degree, for the western nations, what work is has changed in the wake of the 2008 [...]
theeconomiccollapseblog.com / By Michael / October 25th, 2012
If you still have a good job, you might want to hold on to it very tightly because there are a whole bunch of signs that unemployment in the United States is about to start getting worse again. Over the past several weeks, a substantial number [...]
Believe it or not, some analysts are cheerful about job growth in America — at least over the long haul.
The Bureau of Labor Statistics’ January Occupational Outlook Handbook backs that up, projecting employers will create a robust 20.5 million jobs from 2010 to 2020.
thedailybell.com / by Staff Report / Monday, October 22, 2012
The Myth of Job Creation … The headlines from the last presidential debate focused onPresident Obama challenging Mitt Romney on issue after issue. There was a less noticed, but no less remarkable, moment when Mr. Obama agreed with Mr. Romney on something — [...]
dailyreckoning.com / By Addison Wiggin / October 11, 2012
Eighty-eight people out 10,000 isn’t much… unless it’s the leading edge of a new and more potent phase of the Occupy movement. At least that’s the thought that crosses our mind with the Wal-Mart strike.
mauldineconomics.com / By John Mauldin / October 8, 2012
The unemployment number surprisingly dropped to 7.8% last Friday, and the shoot-from-the-hip crowd came out in force. To say that the jobs report was met with skepticism would be a serious understatement. The response that got the most immediate airplay was ex-GE CEO Jack Welch [...]
Great news on Friday! We added 163,000 new jobs. Break out the champagne, happy days are here again. I hope you’re as skeptical as I am about these numbers. Seems like after you take into account the jobs that were supposedly created by new [...]
Low paying jobs, production of useless commodities – the new economy offers workers an opportunity to walk away from their low-paying, unfulfilling jobs to live free as entrepreneurs. It is virtually a condition of the economic depression, as increasing workers find themselves out of work or [...]
Casey Research’s Ed Steer joined us for a look at the stunningly blatant manipulation that took place today in the gold and silver markets. The moment Ed hit his send key on today’s gold and silver report, he knew what was going to happen. [...]
truthingold.blogspot.com / BY DAVE IN DENVER / July 31, 2012
If voting made any difference they wouldn’t let us do it – Mark Twain
Facebook stock hit a new low today. It’s currently trading at $21.68, 43% below its IPO price, in less than 2 1/2 months since going public. I know [...]
“In my original ideas about the film, the ministry didn’t know whether there were terrorists out there or not because over the years they had so many counter agents and counter-counter agents out there and agent provocateurs who maybe set explosions to lure people in. The people lost track of whether there really were terrorists or not, but the important thing is the belief in terrorists had to be maintained to allow the ministry to continue to survive. Originally the film was called The Ministry. It was really about the survival of an organism like a great bureaucracy that will do anything to keep itself going.." - Terry Gilliam on Brazil
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