What would you do with 128 million dollars? Many people like to daydream about winning the lottery, and I have to admit that when I was much younger I would do the […]
Would You Like To Steal 128 Million Dollars?
Dying Middle Class: The Number Of Americans That Can’t Afford Their Own Homes Has More Than Doubled
Have you lost your spot in the middle class yet? For years I have been documenting all of the numbers that show that the middle class in America has been steadily shrinking, […]
69 Percent Of Americans Do Not Have An Adequate Emergency Fund
Do you have an emergency fund? If you even have one penny in emergency savings, you are already ahead of about one-fourth of the country. I write about this stuff all the […]
The Tens Of Millions Of Forgotten Americans That The U.S. Economy Has Left Behind
The evidence that the middle class in America is dying continues to mount. As you will see below, nearly half the country would be unable “to cover an unexpected $400 expense”, and […]
U.S. Auto Sales Plunge Dramatically As The Consumer Debt Bubble Continues To Collapse
One sector of the economy that is acting as if we were already in the middle of a horrible recession is the auto industry. We just got sales figures for the month […]
Credit Card Nation: Why The Facebook Killer And The U.S. Congress Have A Great Deal In Common
Most Americans have seemingly convinced themselves that as a society we will never pay a great price for going into so much debt and that we will never pay a great price […]
Recession 2017? Things Are Happening That Usually Never Happen Unless A New Recession Is Beginning
Is the U.S. economy about to get slammed by a major recession? According to Gallup, U.S. economic confidence has soared to the highest level ever recorded, but meanwhile a whole host of […]
Study: ID Fraud Up Since Security Chips Put Into Play
Consumers and businesses switched to the chip-based cards and readers 16 months ago to deter theft. But a study released this week from Javelin Strategy and Research found that identity fraud cases […]
Tis The Season For Credit Card Debt: This Christmas Americans Will Spend An Average Of 422 Dollars Per Child
For many Americans, the quality of Christmas is determined by the quality of the presents. This is especially true for our children, and some of them literally spend months anticipating their haul […]
Harvard University Professor Claims That 20 Republican ‘Faithless Electors’ Are Considering Voting Against Trump
If what a Harvard University constitutional law professor is claiming is true, the plot to steal the Electoral College vote from Donald Trump is far more serious than most people thought. Larry […]
After Raising Rates Once During The Obama Years, The Fed Promises Constant Rate Hikes During The Trump Era
Now that Donald Trump has won the election, the Federal Reserve has decided now would be a great time to start raising interest rates and slowing down the economy. Over the past […]
US households now have over $16,000 in credit-card debt
Indebted households today have credit card balances averaging $16,061 — just shy of 2008’s high, according to a new NerdWallet report, based on data from the Federal Reserve Bank of New York […]
Instead Of Black Friday Materialism, Thanksgiving Weekend Should Be A Time To Live, Laugh And Love
On Friday, hordes of desperate zombies were spotted desperately trying to save a few dollars on toys, apparel and cheaply made electronic goods all over America. Seemingly oblivious to the fact that […]
America The Debt Pig: We Are A ‘Buy Now, Pay Later’ Society – And ‘Pay Later’ Is Rapidly Approaching
If you really wanted to live like a millionaire, you could start doing it right now. All you have to do is to apply for as many credit cards as possible and […]
Credit Card Companies Specifically Target Less Educated And Less Sophisticated Americans
The big credit card companies don’t make much money off of those that pay their bills on time, and so they often specifically target less educated and less sophisticated consumers that don’t […]
19.4 Trillion Dollars In Debt – We Have Added 1.1 Trillion Dollars A Year To The National Debt Under Obama
In 2006, U.S. Senator Barack Obama’s voice thundered across the Senate floor as he boldly declared that “increasing America’s debt weakens us domestically and internationally. Washington is shifting the burden of bad […]
George Soros Is Preparing For Economic Collapse – Does He Know Something That You Don’t?
Why is George Soros selling stocks, buying gold and making “a series of big, bearish investments”? If things stay relatively stable like they are right now, these moves will likely cost George […]
Housing Crash?: U.S. Existing Home Sales Fall By The Most In Six Years
We just got more evidence that a major economic slowdown is underway here in the United States. Existing home sales were down a whopping 7.1 percent during the month of February, and […]
Credit Card Debt In The United States Is Approaching A Trillion Dollars
For the first time ever, total credit card debt in the United States is approaching a trillion dollars. Instead of learning painful lessons from the last recession, Americans continue to make the […]
Michelle Obama Recently Cited Alleged Example of Racism at Target — Her Story Sounded Pretty Different When She Told It in 2013
Appearing on “Late Show” with David Letterman in 2013, First Lady Michelle Obama also told the story of how a woman once asked her for help getting something off a shelf. It’s […]
Putin: West wants to put Russian bear ‘on a chain’
Russian President Vladimir Putin lashed out at the West on Thursday for causing his country’s economic crisis, saying it would take two years to recover. “Sometimes I think, maybe they’ll (the West) […]
North Korea’s ‘ruthless magic weapon’: The cyber warrior factory ‘behind Sony hack’ which handpicks genius children to target enemies of Kim Jong un
Just like in a Bond movie, an army of teenage geniuses tap away at keyboards in fortified complex tucked away from prying eyes in a rogue state, bent on bringing cyber-carnage to […]
China Tests ICBM With Multiple Warheads
China carried out a long-range missile flight test on Saturday using multiple, independently targetable reentry vehicles, or MIRVs, according to U.S. defense officials. The flight test Saturday of a new DF-41 missile, […]
ISIS Slaughters 150 Females in Iraq for Refusing to Marry, Have Sex with Them
Iraq’s Ministry of Human Rights claims the Islamic State (ISIS/ISIL) murdered 150 women simply because they refused to marry or perform sexual acts with the terrorists. “At least 150 females, including pregnant […]
LA To San Fran In 35 Minutes? Hyperloop CEO Says Speed Tube Could Become Reality
It takes about six hours to drive from Los Angeles to San Francisco – depending on your speed – and more than an hour to fly. But in the future, the trip […]
Guess How Much Americans Plan To Spend On Christmas And Halloween This Year…
It is that magical time of the year for retailers. The period between mid-October and late December can often make the difference between success or failure in the retail industry, and this year will be no exception. As you will see below, it is being projected that Americans will spend a massive amount of money this holiday season.
