Archive for the ‘Economics’ Category

Business Payrolls Shrink to Record Low

An analysis of U.S. government data performed by USAToday has determined that paychecks from private businesses dropped to the smallest share of personal income in U.S. history during the first quarter of the 2010. The percentage of American’s income from private business dropped to 41.9% in Q1. Concurrently,...
June 2nd, 2010 | Economics, Politics | Read More

Tax Havens

A tax haven is any territory or country where there are low taxes or no taxes at all. For some people and many companies, they find that it is more economic and makes more sense to relocate to this area because they can save a considerable amount of money on their taxes. What this creates, in essence,...
June 2nd, 2010 | Economics, Politics | Read More

DJIA Plunges 7.9% in May

The DJIA (Dow Jones Industrial Average) plunged 7.9% in May, it’s largest monthly decline in over a year. The S&P 500 fell by an even greater amount in May, 8.2%. This is the worst May decline for the S&P 500 since 1962. Stock prices are being depressed due to concerns over federal...
June 1st, 2010 | Economics, Featured | Read More

Causes of the Great Depression

When we think of the Great Depression, it is so easy to think that business caused it and the government corrected it. However, the truth about the Great Depression is that it was the government that allowed it to continue for much longer than it needed. Because of policies enacted by President Hoover...
May 31st, 2010 | Economics | Read More

Greece to Receive $54 Billion Bailout from U.S. Taxpayers

The EU (European Union) and the IMF (International Monetary Fund) are bailing Greece out of the problem it got into as a result of socialist policies and unchecked government growth.  Greece has been living far beyond it’s means for many years and now it’s time to pay the piper — except...
May 30th, 2010 | Economics, Politics | Read More

Bangladesh Blocks Facebook — No One Cares

Bangladesh has blocked it’s subjects from accessing the popular social networking site Facebook because the Bangladeshi regime finds certain pages on the site offensive to their Islamic religion. Bangladesh is home to approximately 158,065,841 people, who each earn about $1,600 a year (adjusted...
May 30th, 2010 | Economics, Freedom of Speech | Read More

Is the Dollar Really Rising?

The U.S. government has been quietly increasing the money supply to historically unheard of levels. Here’s a chart from the St. Louis Fed showing the growth of the monetary base, also known as M0: Eventually this must lead to runaway inflation. That eventuality is being delayed because the Federal...
May 29th, 2010 | Economics | Read More