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More Banks to Fail? Not in North Dakota
U.S. banks are again in the crosshairs. Standard and Poor’s has downgraded five new middle-tier banks and put three others on negative outlook. This follows sweeping downgrades earlier in August by Moody’s, which cut credit ratings on 10 banks and placed four of the 15 largest U.S. banks on review for possible downgrade. As with the banks going into […]
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The Real Rent Scoundrels
Having spent the first 40+ years of my life paying tribute to landlords, this writer knows the crime of it all. I am not referring to the system of One landlord-One Tenant that many of the neighborhoods in baby boomer Brooklyn consisted of. That was in the 50s and 60s of my youth. It made […]
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No Let-Up In U.S. Economic Decline
As the mainstream media continues to make irrational and diversionary statements about the economy, facts show and experience confirms that people’s living and working standards continue to steadily decline. The economy continues to move in the wrong direction. Poor economic conditions persist, which is why the vast majority remain pessimistic about the economy and recognize […]
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Economic Conditions Continue To Worsen For Millions
While the monopoly-controlled media incessantly promotes disinformation, incoherence, and irrationalism about the U.S. economy, real people are experiencing harder economic conditions with each passing month. Below are 30 recent statistics that bear this out. ***** “More than half — 54% — of American millennials and Gen Z are still financially dependent on their parents, according […]
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Does China Have a Huge Problem Despite Impressive Economic Development?
The G7 has recently wound up its meeting in Hiroshima, and the participants joined to affirm their fear of the Threat of China. British media reported that prime minister Rishi Sunak said: “China poses the biggest challenge to global security and prosperity of our age with the ‘means and intent to reshape the world order’.” The […]
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Farruggio for President 2024
Since my governor, Fascism Forever Captain Ron as I call him, just announced for President, allow me to jump into the fray. Of course, I have not much of a chance as anyone else who stands apart from the Two Party/One Party scam to get the support needed without raising and spending a fortune. Issues! […]
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