Levels of Inequality Worsen

Insane Levels of Inequality – Which Hurt the Economy – Are Skyrocketing (via Market Shadows)

Courtesy of ZeroHedge. View original post here. Submitted by George Washington. Preface: All capitalist systems have some inequality.  We don’t want to prevent all inequality … just economy-wrecking levels: Lawrence Katz, a Harvard economist, adds that some inequality is necessary to create incentives…

Martin Luther King Day: How far is America along road to the dream?

Martin Luther King Day: How far is America along road to the 'dream'? (via The Christian Science Monitor)

President Obama began his second presidential term on Monday by laying his hand upon two Bibles: One was used by Abraham Lincoln, the other belonged to the Rev. Martin Luther King Jr., the “traveling" Bible that the civil rights leader carried on marches. Those two volumes are symbolic bookends to…

Living the Freedom Lifestyle!

The View From The Fiscal Gorge

The View From The Fiscal Gorge (via Market Shadows)

If you haven't yet read my recent interview with the banker, it's here: My name is Michael, and I’m a banker. ~ Ilene  The View From The Fiscal Gorge By The Banker  Guess who’s really happy from last night’s tax deal? Heirs, financiers, and people who live off their piles of money. Guess…

16 Things About 2013

I wanted to share this article with you because it says many of the same things I have been alluding to in the past months.  We must begin to understand that life as we know it is getting worse and there is nothing in sight that makes me believe that it will get better, unless everyone first understands.

16 Things About 2013 That Are Really Going To Stink (via Market Shadows)

16 Things About 2013 That Are Really Going To Stink The beginning of the year has traditionally been a time of optimism when we all look forward to the exciting things that are going to happen over the next 12 months. Unfortunately, there are a whole bunch of things about 2013 that we already know…

The Good, The Bad and The Ugly

The Good, The Bad And The Ugly From The Fiscal Cliff Deal (via Market Shadows)

The Good, The Bad And The Ugly From The Fiscal Cliff Deal Courtesy of Michael of Economic Collapse    The fiscal cliff deal contains more bad news than it does good news.  Yes, the tax increases on the middle class could have been much worse, and we should be thankful that Congress at least did…

Money Facts 2013

7.5 quake hits off Alaska, triggers local tsunami

7.5 quake hits off Alaska, triggers local tsunami (via AFP)

A major 7.5-magnitude earthquake shook an area in the Pacific Ocean off the coast of the US state of Alaska early Saturday, triggering a potentially destructive local tsunami, the US government said. The epicenter of the quake, which occurred at 0858 GMT, was located 102 kilometers (63 miles) west…