Category Archive: Economic Issues

Oct 28

The True Reason Gas Prices are Falling Hint: It’s Not Because of Green Energy

American workers and motorists got some badly-needed relief this week when the price of oil plunged to its lowest level in years. The oil price has fallen by about 25 percent since its peak back in June of $105 a barrel.  This is translating to lower prices at the pump with many states now below …

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Jul 10

Obama’s Incompetence Sinks In | CNS News

MSNBC host Chuck Todd assembled a panel of liberal-media veterans on his morning show “The Daily Rundown” Monday and joked that the assembled heavyweights presented “a nightmare scenario for Brent Bozell.” But what these journalists proceeded to issue was a devastating indictment of the Obama presidency and a real nightmare for this president. Carolyn Ryan, …

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Jun 08

» Economist: U.S. Banks Preparing to Charge Customers For Deposits

In the week that the European Central Bank cut its deposit rate for banks from zero to -0.1%, economist Martin Armstrong warns that negative interest rates are coming to the United States, meaning that Americans will be forced to pay just to keep their money in the bank.In a move described as unprecedented, the ECB …

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Mar 10

Why is American internet so slow? – The Week

According to a recent study by Ookla Speedtest, the U.S. ranks a shocking 31st in the world in terms of average download speeds. The leaders in the world are Hong Kong at 72.49 Mbps and Singapore on 58.84 Mbps. And America? Averaging speeds of 20.77 Mbps, it falls behind countries like Estonia, Hungary, Slovakia, and …

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Feb 14

How one consumer gave up paying for cable TV – Yahoo Homes

Tired of spending so much money on cable or satellite TV? Take heart. Cutting the cord has never been easier thanks to the many streaming options now available.Jeff Hardy, a Richmond, Virginia, resident who is in charge of technology planning and management at a large real estate company, decided to take advantage of one of …

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Jan 30

HSBC imposes restrictions on large cash withdrawals

Some HSBC customers have been prevented from withdrawing large amounts of cash because they could not provide evidence of why they wanted it, the BBC has learnt. Listeners have told Radio 4’s Money Box they were stopped from withdrawing amounts ranging from £5,000 to £10,000. HSBC admitted it has not informed customers of the change …

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Jan 24

Richest of the rich ponder how to level the field

With the global economy slowly getting back on its feet, 2,500 delegates gathered in Davos face a vexing question this week: How to spread the wealth.As much as any other issue income inequality will tax world leaders in the years ahead.Aggressive policies from central banks have helped stem the liquidity drain that sent the U.S., …

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Jan 15

The Federal Reserve: Bankers for the New World Order

The Senate had still not acted on President Obama’s nomination of Janet Yellen to succeed Ben Bernanke as chairman of the Federal Reserve Board when rumors began appearing in print over whom the president would nominate to succeed Yellen as the Fed’s vice chairman. A New York Times headline on December 12 heralded the likely …

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Jan 02

Col Allen West on Jessie Jackson and Racist Extortion – The Free Patriot

Lt Col Allen West doesn’t have a high opinion of the Rev. Jesse Jackson. He’s more than a little bit perturbed at the way Jackson has inserted himself into the debate between Duck Dynasty and Cracker Barrel, and his efforts to manipulate the dispute into his time-tested favorite, a racial discussion. Jackson’s nose for deep …

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Dec 19

What Happens Without Coal

Wind and solar energy sources can wreak havoc on utility grids. This is because power must be used as it is generated, and generated as it is used. There is no way to store it. As consumer demand increases, so must generation, whether or not the wind is blowing or the sun is shining. As …

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