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The coming depression blog | May 19, 2019

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Fed Pushes Into ‘Uncharted Territory’ With Record Assets

January 25, 2013 |

Federal Reserve Chairman Ben S. Bernanke’s unprecedented bond buying pushed the Fed’s balance sheet to a record $3 trillion as he shows no sign of softening his effort to bring down 7.8 percent unemployment.

The Fed is purchasing $85 billion … Read More

Conservatives Underperform Our Issues

January 24, 2013 |

The depressing spectacle of Barack Obama inaugurating a second term should not obscure this truth: Conservatives win on issues. They lose in elections because they don’t know how to frame the choices, even on those many issues on which the … Read More

Obama ‘will not oppose’ House GOP plan to suspend debt limit until May

January 23, 2013 |

House Republicans are advancing a novel plan to suspend enforcement of the federal debt limit through May 18, a move that would lift the threat of a government default and relieve the air of crisis that has surrounded their budget … Read More

In inaugural address, Obama outlines second-term economic plans

January 22, 2013 |

In the rich oratory of an inaugural address, President Obama sketched out a vision Monday for addressing the problems that have been afflicting the American economy — not just since the financial crisis and recession but for long before.

Obama … Read More

The Sovereign Debt Bubble Will Continue To Expand Until – BANG – The System Implodes

January 21, 2013 |

Why are so many politicians around the world declaring that the debt crisis is “over” when debt to GDP ratios all over the planet continue to skyrocket? The global economy has never seen anything like the sovereign debt bubble that … Read More

Is Obamacare Socialism or Fascism?

January 19, 2013 |

As a general rule, I avoid “healthy” food whenever possible. I try to eat things with extra fat and lots of additives. This is a conscious strategy that should assure that I keel over before being left to the tender … Read More

Do You Want To Scare A Baby Boomer?

January 18, 2013 |

If you want to frighten Baby Boomers, just show them the list of statistics in this article. The United States is headed for a retirement crisis of unprecedented magnitude, and we are woefully unprepared for it. At this point, more … Read More

401(k) breaches undermining retirement security for millions

January 17, 2013 |

Video: More than one in four workers in the U.S. take money out of their retirement savings accounts to pay for day-to-day expenses. But dipping into the 401(K) early is adding up for lots of future retirees. Post economics reporter … Read More

Citizens File Articles of Impeachment Against Obama

January 16, 2013 |

“When a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards … Read More

The Middle Class In America Is Being Wiped Out – Here Are 60 Facts That Prove It

January 14, 2013 |

The middle class in the United States is being systematically destroyed, and nobody is doing much of anything to stop it. Our incomes are shrinking, our share of the income pie is at an all-time low, our jobs are being … Read More

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