Reality

"Trouble In Paradise" - Hopes Of Economic Growth Just Took A Beating

The ongoing misinterpretation and massaging of economic data to spin a positive view on the economy are fine and good. However, real economic recovery must start with the average American since consumption makes up nearly 70% of economic growth. While the current Administration and Federal Reserve promote policies that are supposed to create economic prosperity for all, the reality is that remains bottled up on Wall Street.

How Long Can Economic Reality Be Ignored?

Real economists, if there were any, looking at the real economic picture would see an economy collapsing into widespread debt deflation and impoverishment. Debt deflation is when consumers after they service their debts have no discretionary income left with which to drive the economy with purchases. The reason that Americans have no income from their savings is that public authorities put the welfare of a handful of “banks too big to fail” above the welfare of the American people. The enormous liquidity created by the Federal Reserve has gone into the financial system where it has driven up the prices of financial instruments. There has been a stock market recovery but not an economic recovery.

Here's Why Wages Have Stagnated (And Will Continue To Stagnate)

The only way to reverse declines in labor participation and stagnation in wages is to make it easier to start enterprises and hire people, and dramatically lower the cost basis of the entire economy. There is scant evidence that policymakers have any real interest in either of these goals or any knowledge of how to make them happen, despite the abundance of lip-service paid to "business-friendly" strategies.

Is Trump Deliberately Throwing The Election To Clinton?

"I am not saying that I believe Donald Trump is trying to throw the election to Hillary Clinton, but I am saying this is a prospect that is now worth seriously considering if the endless series of Trump blunders and gaffes continues."

Generation Screwed Fights Back

“We call ourselves “Generation Screwed” because governments are spending money but leaving the bills behind for the young to pay,” says Gunn. “Apathy is our biggest challenge. Many youth are so burdened with the demands of getting a start in life, they are unaware of the lousy hand they are being dealt.”

Paranoia-Peddling Pentagon Bans Pokemon GO

The U.S. government just threw another log on the fire, adding to the blaze of paranoia it’s been generating around the nation’s newest threat — foreign cyber attacks. In a recent memo, Pentagon employees were told to keep Pokemon Go off their phones to prevent spying by foreign countries.

The Birth Of Cultural Marxism: How The "Frankfurt School" Changed America

 The 1950s were a simple, romantic, and golden time in America. The nation stood atop the world in every field. It was an era of great economic prosperity in The Land of the Free. So, what happened to the American traits of confidence, pride, and accountability? The roots of Western cultural decay are very deep, having first sprouted a century ago. It began with a loose clan of ideologues inside Europe’s communist movement. Today, it is known as the Frankfurt School, and its ideals have perverted American society.

Police To Lawmakers: Stop Making New Drug Laws

Complaining that they can't keep up with all the changes to the law, police departments in Colorado are demanding that the legislature impose a moratorium on any new cannabis-related legislation.

Mexico's "Legendary" Oil Hedging Desk Is Quietly Preparing For The Next Plunge

While oil longs and Saudi Arabia are enjoying this week's latest, substantial short squeeze, prompted if not so much by the latest set of cheerful, if repetitve, IEA "rebalancing" forecasts, the fundamental reality as confirmed not only by a recent Morgan Stanley report which sees oil dropping to the mid-$30s, but also by the just released Baker Hughes oil rig count which reported a spike of 15 rigs in the past week, the most since 2015, suggests that there is more downside pressure in store for oil. Some are already actively hedging for just that.

Ron Paul Rages At The "Phony Job Recovery"

Until the notion that wealth and prosperity can come from a printing press is eradicated from the thinking of policymakers, economies around the world will remained mired in this malaise. Jobs created through government money creation and heavily protectionist laws and regulations will not meet the needs of consumers, will add nothing to productivity, and ultimately will not last... economic stagnation is the unfortunate but predictable result.