Unemployment

The Aftershock Survival Summit (Full Video)

The Aftershock Survival Summit (Full Video)

Newsmax has done a 42 minute video with economist Robert Widemer who predicted the housing bubble years before it popped.  Though I do not agree with everything proposed in the book 'Aftershock', I find it to be incredibly accurate for what is coming; not necessarily how to fix it. Robert Widemer prophetically predicted both the real estate and stock market collapse in his book, America's Bubble Economy (2006). In the wake of his anticipated economic disaster, Wiedemer penned a follow-up book, Aftershock, which immediately topped Amazon's bestseller list. Dow Jones said Wiedemer's work "is your bible, read it, get into…
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More Job Losses Ahead

I have not yet finished the book about our multiple bubble economy swirling down the drain, but I did state that I would write about devastating news if such occurred.  A loss of 25,000 jobs (and associated manufacturing industry) and the possible closing of 13 auto plants more than qualifies as 'devastating'. PLUS, readers aren't going to hear about this in the MSM because it relates to the Japan 'quake, tsunami, and nuclear reactor meltdowns, and you know TPTB have put the meltdown under media blackout. Toyota units partly shut down in US Japanese automaker Toyota has announced a decision…
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The $1.3 Trillion Dollar Black Hole In The Economy

The answers can be found in the red and yellow bars above, representing Federal government spending and state and local government spending.  Federal spending rose by $700 billion, and state and local government spending rose by $300 billion.  (With the state and local spending being funded by Federal government  transfers that have been netted out, so it is really almost all growth in Federal spending.)  The private economy plummeted by $1.3 trillion while the government economy soared by $1 trillion, and we were left with what looks like a much more manageable $300 billion shrinkage, the kind of economic change…
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What Looks To Be An Intentional War On Small Business And The Middle Class

Mr. Trump saw the episode on '60 Minutes' last evening, and was embarrassed for our country. The fact that they have allowed other countries to basically steal our jobs and to create issues in Newton, Iowa. -Michael Cohen, Exec. VP and Special Consultant to Donald Trump This past Sunday evening, '60 Minutes' covered the story of Newton, Iowa, Maytag's move to Mexico, the rapidly shrinking economy in this beautiful little town, and the effect it is having on the residents. At one point, Scott Pelley is doing a mini-townhall with a group of Newtonites who speak about nothing getting done…
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