The Greatest Depression Is On The Way The “Greatest Depression” The Greatest Depression is on the way. That’s what the latest trends are eluding to. The financial meltdown may get much worse, contrary to what economic analysts keep prescribing. What can we expect in the following months ahead? Commercial real estate could very well collapse. [...]
Is America On The Brink Of Economic Collapse? The first alarming bookmark involves the collapse of the steel market in the United States. Many people tend to forget the critical role that steel once played in America. China dominates the steel industry at present. It was steel that helped to win World War II. It [...]
First National Flag Used In The American Revolution As the Declaration Of Independence was being signed on July 4, 1776, surprisingly enough there was no official flag. The “Grand Union Flag” was the first unofficial national flag. This flag very much resembled the flag of a company; called “The East India Company”. It is ironic [...]
Change That America Didn’t Ask For The House has approved the American Clean Energy And Security Act (ACES)by a vote of 219 to 212. Carbon tax and trade legislation, if passed by the Senate, will have created the worst economic disaster in American history. Why the H.R. 2454 bill should not be passed: 1. Consumers will pay [...]
The Culture Of Collectivism Comrades in arms, the time is rife. Our 1984 has passed, but is now ready for arrival. We must fully embrace Big Brother, because, as we well know, he (government) knows what is best for us all. Since our society is purely altruistic, we share in the commitment that the deliberate interest [...]
The Growing Concentration Of Wealth The distribution of wealth is the comparison of the wealth of various members or groups in a society. Now, one must remember, that wealth and income are not the same thing. Wealth is what remains after debts, or liabilities, are paid off. WEALTH DISTRIBUTION IN 2001 1. Top 1% controlled [...]
Pharmaceutical Industry Is Number One Lobbyist Spender Big Pharma has contributed to Congress for many years. These donations are colossal. The industry will continue to influence legislation heavily, until some type of campaign reform is enacted. TOP 12 CONTRIBUTIONS TO CONGRESS MEMBERS 1. Orrin G Hatch (R-Utah Senate) – $1,547,963 2. Arlen Specter (D-Pa Senate) – $1,547,963 3. [...]
Electric Rate Hikes Due To Softening Of Industrial Demand Electricity is vital to economic success. Electricity is essential to businesses and residential areas across the United States. There are more than 3,273 traditional electric utilities in the United States, and continually growing. The U.S. Commercial Average Price per kilowatthour was 9.65 cents in 2007. The [...]
Putting Pressure On Executive Compensation Practices It’s hard to imagine that while a good portion of Americans are struggling just to make ends meet, a Chief Executive Officer of a company could possibly make an extravagant salary with bonuses. And this occurs in a near depression economy? Doesn’t this eat at the fabric of society? [...]
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