April 20, 2024

Americans Can’t Seem To Agree On Anything – Goodbye E Pluribus Unum

“United we stand, divided we fall” has long been a symbol of American achievement.  One nation, formed from many different cultures, races and ancestries always seemed to share a core set of values which allowed America to become the predominant world power.  Today, we seemed to have reversed the Latin phrase E Pluribus Unum that […]

Saudi Arabia Executes A Teenager – U.S. Judge Says “No Law Against Killing A Chinaman” – Cultural Evolution

International outrage swelled after the government of Saudi Arabia executed a woman who was only 17 years old when she was arrested for murder.  Rizana Nafeek, a domestic servant from Sri Lankan, was convicted of killing a four month old boy under her care. Despite the pleas of human rights groups to call off the […]

The Greater Fool Theory On Presidents and Voters

The voters have spoken but what have they said? The following view on how the U.S. is viewed by one Czech analyst appeared on Peter Grandich’s website.  Never underestimate the power of the American public to vote with their pocketbooks while ignoring the larger fundamental economic issues which ultimately threaten the wealth of all Americans.  […]

How Did Americans Feed Themselves Before Food Stamps?

We can pretend not to see it but something is very wrong when 45 million people or almost 15% of the entire population of the U.S. allegedly can’t earn enough money to feed themselves.  Is the explosion in the food stamp program a result of fighting hunger in America or is it the result of […]

Unemployment Levels In The U.S. Have Always Been Volatile

The worse part of the financial crisis that started in 2008 was the shocking manner in which unemployment levels skyrocketed.  In a very short period of time the unemployment level more than doubled from 4.5% to around 10% at the peak.  The latest numbers from the Labor Department show hope, as the unemployment rate continues […]

Elderly Parents Get Caught In Student Loan Debt Trap

The mantra of “go to college, graduate and get a good paying job” has lured countless numbers of young Americans into borrowing ridiculous amounts of money to attend college.  Borrowing money to invest in education becomes a specious theory when a majority of graduating students wind up being unable to find a job or are […]

Allen West On Why Democracies Are Self Destructive – Free Everything Cannot Work

Mitt Romney raised a firestorm with his comments about the large number of Americans relying on government handouts for survival.  Adding to the debate, Congressman Allen West of Florida penned a thoughtful reply which concludes that the country cannot survive unlimited dependency. By Rep. Allen West WASHINGTON (MarketWatch) — Gov. Mitt Romney’s comments about the […]

If You Don’t Have Rich Parents, Forget About Being Successful?

For many people, America no longer seems like the land of unparalleled opportunities.  The mainstream press seems to be full of stories about people losing their jobs, college graduates moving back in with their parents and broken down penniless retirees forced to eat Alpo for supper. The entire world seems to currently be in a […]

Are You A High Income Achiever? Only Half Make Over $43K Per Year

Are Americans overly obsessed with making more money than their neighbor?  You may never find out exactly what your neighbor earns per year but you can find out where you stand on the income scale compared to the national average. The Wall Street Journal ran a neat interactive that calculates your income percentile based on […]

If You Shop At Wal-Mart, You Probably Live Paycheck To Paycheck

Wal-Mart recently announced an increase in both sales and profits for the second quarter.  Earnings increased to $1.18, up 8% from the prior year’s quarter and total quarterly revenue increased 4.5% to $114.3 billion. Wal-Mart Stores (WMT) is the world’s largest retailer and its annual sales of almost $500 billion exceed the gross domestic product […]