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Economy | Bugout Alley - Part 7
Monday 21st October 2019,
Bugout Alley

economy

Where is my money going?

Where is my money going?

Nobel Prize recipient in economics, Paul Krugman, embraces the idea that more money printing can save the world stating, “Higher expected inflation would aid an economy.”  Barack Obama embraced this philosophy with his 2008 Keynesian  800 billion dollar stimulus package.  The hope was to sacrifice inflation and government debt for the promise of 4 million jobs.  [...]

May 5, 2012 Niko 2012, collapse, communism, economy, election, federal reserve, founding fathers, inflation, media, tea party, Uncategorized 0

April Employment Data Just a Sleigt of Hand

April Employment Data Just a Sleigt of Hand

The Labor Department released the April 2012 employment statistics that show unemployment falling to 8.1% and an economy that only created 115,000 jobs in the month.  The portion of the working-age population participating in the job market is now at its lowest level since 1981.  Even with such obvious indicators that the economy is not [...]

May 4, 2012 Niko 2012, collapse, communism, constitution, economy, tea party 0

Chicago’s Energy Future

Chicago’s Energy Future

Two more Illinois coal-fired power plants are closing to the delight of Greenpeace and Sierra Club activists, but what does this mean for Chicagoans?  Rahn Emanuel pressured Chicago’s Fisk and Crawford plants to close earlier than previously scheduled.  These two power plants represent over 200 years of Chicago history and coal historically provides the city and the state [...]

May 3, 2012 Niko 2012, Chicago, communism, economy, energy, inflation, politics, tea party 0

Downgraded Again…

Downgraded Again…

In case you have not heard, and I doubt you have, because cooperate mainstream media has not covered it, the U.S. credit has been downgraded again.  Egan-Jones, a small credit rating agency, downgraded the U.S. to AA from AA+.  Though a small company, Egan-Jones was the first U.S. rating agency to downgrade the country’s sovereign credit [...]

April 29, 2012 Niko 2012, collapse, constitution, economy, founding fathers, media, Progressivism, tea party 0

What to expect on May Day

What to expect on May Day

May Day is celebrated by left-wing and labor movements as a commemoration of the 1886 Haymarket Massacre in Chicago.  The Haymarket incident began as a labor demonstration and general strike on Tuesday May 4, 1886, at Haymarket Square (Randolph Street and Desplaines Street) in Chicago and culminated in a crowd of an estimated 3,000 people throwing a [...]

April 28, 2012 Niko 2012, Chicago, communism, economy, media, politics, Progressivism, tea party 0

If Oil is Being Crucified, is Coal Already Dead?

If Oil is Being Crucified, is Coal Already Dead?

Al Armendariz, a top EPA administrator, described his agencies philosophy of enforcing draconian regulations on oil companies as “crucifying” them.  These comments are just another example of the current administrations war on fossil fuels.  The current battle field seems to be on the oil and gas industry, illustrated by record gasoline prices and the blocking of the Keystone pipeline [...]

April 26, 2012 Niko 2012, Chicago, communism, economy, energy, media, politics, tea party 0

United Nations calls for profound changes in global economic systems

United Nations calls for profound changes in global economic systems

The United Nations will convene with its 20+ member counties this June 20-23 to discuss environmental issues facing the planet.  The conference will focus on sustainable development and will promote a crazy array of carbon taxes, transfers of trillions of dollars from wealthy countries to poor ones, and new spending programs to guarantee that populations around the world [...]

April 24, 2012 Niko 2012, collapse, communism, constitution, economy, election, fascism, founding fathers, New World Order, politics, tea party, Uncategorized 0

Keystone Pipeline or Money Train?

Keystone Pipeline or Money Train?

Experts on both side of the political spectrum agree that the Keystone pipeline project is a good idea.  It would provide the U.S. and Canada needed jobs and provide us with a cheaper, safer, and cleaner way to get oil to our oil refineries.  Sounds great, where is the hold up?  The most vocal opponent [...]

April 18, 2012 Niko 2012, economy, election, energy, politics, tea party 0

Buffet Rule: Politics or Fairness?

Buffet Rule: Politics or Fairness?

ccording to the White House, no household making more than $1 million each year should pay a smaller share of their income in taxes than a middle class family pays. They claim that about 55,000 millionaires pay a lower effective tax rate than millions of middle-income Americans.  This is the Buffett Rule—a simple principle of [...]

April 13, 2012 Niko 2012, Chicago, collapse, economy, election, humor, media, politics, tea party 0

What’s Wrong with the Unemployment Rate Decreasing?

What’s Wrong with the Unemployment Rate Decreasing?

Corporate mainstream media wants us to believe that we are on the road to recovery.  They are selling the notion that Barack Obama has turned our economy around.  The Left wants us to focus on the fuzzy numbers that have shown the unemployment rate steadily falling from 9.1% last August and the three consecutive months of [...]

April 7, 2012 Niko 2012, collapse, communism, economy, election, media, politics, tea party 0
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