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The Bulletin: November 14-20, 2024
The Bulletin: November 14-20, 2024 What We Refuse to Believe | how to save the world “That’s Bait…” Chumming the Media Waters Doesn’t Work Like it Used To – Gold Goats ‘n Guns US Deficit Explodes: Blowout October Deficit Means 2nd Worst Start To US Fiscal Year On Record | ZeroHedge When The Show Is […]
The Rich Get Richer and the Poor, Poorer – But Why?
The Rich Get Richer and the Poor, Poorer – But Why? A Brief Digression into Heterodox Economics The rich get richer and the poor get poorer. The Parable of Talents, found in Matthew 25:24-30, is perhaps the earliest written statement of this famous aphorism: For unto every one that hath shall be given, and he […]
The Second and Final Gilded Age
The Second and Final Gilded Age New data shows that the total wealth of the top 1% of Americans just hit a record $44 trillion. Corporate profits are also hitting record highs, raking in $2.8 trillion in the last three months of 2023 alone. And that’s after taxes. It won’t surprise you to hear, given these massive numbers, […]
Two Pins Threatening Multiple Asset Bubbles
Two Pins Threatening Multiple Asset Bubbles “Powell Says Fed Policies “Absolutely” Don’t Add To Inequality” -Bloomberg May 2020 The headline above is but one of countless times Fed Chairman Powell and his colleagues confidently said their policies do not result in wealth or income inequality. Their political stature and use of complex economic lingo give […]
The Secret
The Secret The secret is out. It can no longer be denied and it’s up to each and everyone of us to help bring the secret to the forefront of public awareness. For the mainstream financial media won’t do it, indeed they allow the guardians of the secret to continue to deny its existence. For […]
Have You Noticed How Push-Back Against Powell-Fed’s Actions Is Getting Louder in the Mainstream Media, from NPR to CNBC?
Have You Noticed How Push-Back Against Powell-Fed’s Actions Is Getting Louder in the Mainstream Media, from NPR to CNBC? Still a lot of fawning coverage, but big dissenters are now given prominent spots, and loaded questions are used to politely hammer Powell into telling obvious nonsense. This is an interesting turn of events, in a […]
VIDEO: The Fed’s Evil Juggernaut
VIDEO: The Fed’s Evil Juggernaut Don’t let it crush your future Juggernaut: (n) massive inexorable force, campaign, movement, or object that crushes whatever is in its path The US Federal Reserve is once again force-feeding liquidity into the system. At its fastest rate ever. The result? Record high stock prices whose valuations defy all logic. What’s wrong with […]
A Survival Guide For 2019
A Survival Guide For 2019 How to safely navigate the ‘Year Of Instability’ As the first month of the year concludes, it’s becoming clear that 2019 will be a very different kind of year. The near-decade of ‘recovery’ following the Great Financial Crisis enjoyed a stability and tranquility that suddenly evaporated at the end of […]
Breaking the Chains of Debt: Lessons from Babylonia for Today’s Student Crisis
Breaking the Chains of Debt: Lessons from Babylonia for Today’s Student Crisis Societies have tended to polarize between creditors and debtors since ancient times, but this tendency can and must be reversed. Today, the wealthy depict inequality in glowing colors as a byproduct of economies pulling ahead, “creating wealth” by innovations that add to prosperity. […]
Here’s How We Ended Up with Predatory, Parasitic Elites
Here’s How We Ended Up with Predatory, Parasitic Elites Combine financialization, neoliberalism and moral bankruptcy, and you end up with predatory, parasitic elites. How did our financial and political elites become predatory parasites? Some will answer that elites have always been predatory parasites; as tempting as it may be to offer a blanket denunciation of […]
We Are All Lab Rats In The Largest-Ever Monetary Experiment In Human History
We Are All Lab Rats In The Largest-Ever Monetary Experiment In Human History And how do things usually work out for the rat? There are ample warning signs that another serious financial crisis is on the way. These warning signs are being soundly ignored by the majority, though. Perhaps understandably so. After 10 years of […]
The Pie Is Shrinking So Much The 99% Are Beginning To Starve
Melissa E Dockstader/Shutterstock The Pie Is Shrinking So Much The 99% Are Beginning To Starve How much longer until the pitchforks come out? Social movements arise to solve problems of inequality, injustice, exploitation and oppression. In other words, they are solutions to society-wide problems plaguing the many but not the few (i.e. the elites at […]
“Wealth Effect” = Widening Wealth Inequality
“Wealth Effect” = Widening Wealth Inequality Note that widening wealth and income inequality is a non-partisan trend. One of the core goals of the Federal Reserve’s monetary policies of the past 9 years is to generate the “wealth effect”: by pushing the valuations of stocks and bonds higher, American households will feel wealthier, and hence […]
The Problem Isn’t Populism: the Problem Is the Status Quo Has Failed
The Problem Isn’t Populism: the Problem Is the Status Quo Has Failed The top 5% who have benefited so immensely from the consolidation of wealth and power cannot confess the status quo has failed the bottom 95%. The corporate/billionaires’ media would have us believe that the crisis we face is populism, a code word for […]
