State of the Union

Since the Fed Rate Rise Things Are Already Getting Dicey

Since the Federal Reserve rate increase (as modest as it was) the economy has been getting more tenuous. I posted a warning about this just before Christmas. Just today Walmart announced it will close 269 stores in 2016 impacting 16,000 workers (10,000 in the U.S.). Despite the hype Obama pushed at his State of the […]

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Janet Yellen Takes the Reigns at the Federal Reserve- Expect No Change and More of the Same

As expected (by me anyway)  Janet Yellen’s, a member of the Council on Foreign Relations (CFR) along with all of the “too big to fail banks” and Tim Geithner, appointment changes absolutely nothing in the Federal Reserve’s direction. Yellen made it quite clear at her first press conference stating that she expects “a great deal […]

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Obama State of the Union Speech- Rhetoric vs. Reality

When I listen to politicians, most of the time I find myself getting irritated, edgy and sometimes downright angry. Obama’s 2014 State of the Union address was no exception. There were so many points of disagreement that I hardly know where to start. As pointed out by the New American magazine the dude is pushing […]

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