You knew they would do it, right? The 17-nation currency rallied as the ECB said it will coordinate with the Federal Reserve and other central banks to offer three separate three-month loans to ensure euro-area banks have enough of…
Rather than actually address the fundamental issues at the heart of the “jobless recession,” the Status Quo has engaged in a massive campaign of perception management, a.k.a. propaganda. A number of euphemisms are used for the concerted Status Quo effort…
The $1 trillion student loan market begins to implode – Department of Education shows two-year default rates at for-profit colleges up to 15 percent. Student loan debt increasing at a rate of $170,000 per minute. We seem to have…
And this one, if true, is BAD: The liberal Daily Beast reports on a broadband project backed by a frequent Obama White House visitor and donor that has Pentagon officials concerned over potential military GPS interference. The Obama FCC took…
The government this week reported the U.S. poverty rate has risen to 15.1%, the highest since 1993, while 22% of children are living below the poverty line. Meanwhile, average median U.S. income fell 2.3% to $49,445, roughly 7%…
