Railway Socialism and Safety
When you suppress the profit/loss system, people stop working for the sake of quality and endanger consumers.
Tag: Economic Crisis
Feds Spent $100 Billion on Food Assistance Last Year
109,930,090 Americans participated in overlapping programs.
Greece Says That It Will Default On June 5th, And Moody’s Warns Of A ‘Deposit Freeze’
Outlook for the Greek banking system is negative.
HSBC to charge for holding deposits
HSBC wrote to the banks that will be affected this week and will introduce the negative interest rates on August 1.
How Government Inaction Ended the Depression of 1921
By the time the federal government even began considering intervention, the crisis had ended.
Obama Administration Issues 184 Major Rules Costing $80 Billion Annually
Number of major new regulations in Obama’s first six years is twice as many as in Bush’s first six years.
Renowned Experts Warn of Slow-Motion Financial Collapse
Governments dig in and prepare as economy continues slide.
Government Regulation and Economic Stagnation
Creeping regulations lead to economic slowdowns.
The War on Cash is Here!
Cashless society allows total government control over your life.
Gold is Breaking Out Against the Euro and Yen… is the US Dollar Next?
The Greek mess has lit a fire under Gold again.
Goldman Can Now Predict The Price Of Oil In 2020
Many were so amused by Goldman’s epic inaccuracy of being wrong by about 80% just a few months out.
To The Class Of 2015 – You Chumps!
You are victims of a system set up before you were born.
Foreclosure Crisis Increased Racial Segregation in U.S.
Black and Latino neighborhoods were three times as likely to be foreclosed on than those in white neighborhoods.
JC Penney loses another $167 million – Wall Street cheers
This loss now brings JC Penney’s cumulative loss since 2011 to, drum roll please, $3.5 BILLION.
Plunge in U.S. Consumer Sentiment Lowers Odds of Growth Rebound
U.S. economy spiraling down.