Category Archives: News

In his seminal book, Friendly Fascism, published in 1980, political scientist Bertram Gross predicts that a future America would be one where power elites continually dominate America’s government, specifically through corporatocracy and a light fascism.  He writes: “[R]eform measures provide a means of siphoning up political power.  Where they involve new benefactions or new regulations, […]

As the housing bubble expanded, it was common to hear the media pound the table praising the benefits of owning a home.  “It’s the most important investment in your life.  It’s the American Dream.  After all, it’s land and they’re not making it anymore.”  You don’t hear that so much these days.  A home isn’t […]

Courtesy of Zero Hedge, JP Morgan has a “preview” of what will happen as a result of the jobs plan. They note, “All in all, we anticipate that little will come out of tomorrow’s speech to make us re-think the near-term outlook.” But what stuck out at us was what they view as the real […]

A hell of a lot of bad news just got dumped on us, so lets take a look at what’s going on and whether the likelihood of recession has increased substantially or not.