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The Great American Healthcare Implosion

The Great American Healthcare Implosion

America’s healthcare system began changing in the 1980s when a combination of deregulation and a cut in federal funding forced many hospitals to move from being non-profit entities to for profit enterprises. Additional deregulation led to insurance companies rushing en ...

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Dancing With The Dollar

Dancing With The Dollar

Each passing day it becomes more apparent that the U.S. economy is not in a real recovery, and this should come as no surprise to anyone who has been paying attention. The stock market, completely divorced from the economic reality ...

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Wall Street Bulls#!%

Wall Street Bulls#!%

The Dow Jones Industrial Average has just surged past 14,000 for the first time in nearly six years. No doubt this bodes well for those on Wall Street who can take advantage of every rise and fall in the stock ...

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The Fiscal Cliff Hanger

The Fiscal Cliff Hanger

The spat between President Obama and Congress over the looming fiscal cliff is the latest piece of economic drama emanating from Washington D.C. Business owners, workers, unions, and government agencies are all on edge, waiting for the latest developments over ...

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Is There a Real Recovery in 2012?

Is There a Real Recovery in 2012?

Make no mistake about it, the economy is not in recovery and continues to teeter on the brink of another substantial downturn. I have explained before how statistical manipulation by the Bureau of Labor Statistics (BLS) results in a picture ...

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What the European Crisis Means to You

What the European Crisis Means to You

As summer winds down, Europe continues to be mired in the midst of a major financial crisis that began with the global credit crunch in 2007. One by one, countries from Iceland to Estonia, Ireland to Italy, have felt the ...

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Starting Your Start-Up

Starting Your Start-Up

Times are tough. The United States is undergoing significant economic contractions when it comes to jobs and times aren’t going to get any easier for the foreseeable future. If you are unemployed, this is the time to take your destiny ...

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How Inflation Reporting Works

How Inflation Reporting Works

Many people know that nationally reported inflation statistics do not capture the reality that they experience. For several years running, food prices have dramatically increased. Many shoppers have recognized that food companies have tried to hide the increases by using ...

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Post Industrial America

Post Industrial America

Globalization and the welcoming of China into the World Trade Organization have had a marked impact on the American economy. Most people are aware of the fact that American manufacturing has been moving to China and other global manufacturing hotspots ...

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Supporting Local Small Businesses

Supporting Local Small Businesses

Many Americans can remember when their towns were filled with hundreds or even thousands of small family owned businesses. The prevalence of so many small businesses was at the foundation of vibrant local economies in which millions of families controlled ...

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The Language of Globalization

The Language of Globalization

Listen to My Live Interview with Paul C. Wright on Globalization! Globalization has led to an important new paradigm in the political and socio-economic life of American citizens. Whereas once the United States protected its jobs, economy, and sovereignty with ...

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The End of Cold Hard Cash

The End of Cold Hard Cash

The Great Recession in the United States and the collapse of the economies of Greece, Italy, Spain, and several other European nations is revealing an unsettling truth about cash. As banks go bust and taxpayer bailouts of financial institutions continue, ...

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The Deception in Unemployment Statistics

The Deception in Unemployment Statistics

Mark Twain popularized the expression that there are three kinds of lies – lies, damned lies, and statistics. This expression holds particular weight when it comes to the U.S. government’s unemployment statistics. Unemployment statistics create emotional momentum among investment bankers, ...

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Prosperity in the New Year

Prosperity in the New Year

This holiday season millions of Americans, including those in deep debt, will rush to the stores in order to buy dozens of gifts for family members, friends, and for themselves. The economic landscape in America should give consumers pause before ...

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