Tag Archives: economy recovery

[VIDEO Part 1] Voter Revolts, Globalization, and Uranus-Pluto

Part 1: Watch Part 2 here. TRANSCRIPT: Part 1 What we have been witnessing is a revolt from the middle class.  We’ve seen the collapse of the middle class that has taken place over the past seven years where there was a recovery on Wall Street but no recovery on Main Street.  And the middle class has deleveraged dramatically somewhere between 30-40% depending on what sources

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The Myth the Economy is Recovering

The Dow hit a new record high yesterday, topping 14,264. The previous record was 14,198.10, set in October 2007, when investors were squarely focused on the Federal Reserve (Fed). The Fed had cut rates for the first time in four years and bought over $40 billion a month of toxic debt from banks because the housing implosion was hitting consumers and

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