Tag "Alan Greenspan"
Back to homepage
Chart shows stock-market not at new highs
With the stock market soaring again, it seems that happy days are here again for the economy. Except a new Chart of the Day shows that the Dow Jones Industrial Average, when charted against the price of gold — the
Read More
Middle class fading away…
The middle class in California and the rest of America keeps fading away under assaults from Republicans and Democrats, Presidents Bush and Obama, Govs. Schwarzenegger and Brown. The latest from AP: “Since 2008, the number of people who call themselves
Read More
Phony ‘recovery’: Home ownership at 18-year low
More proof there has been no “recovery”: “The U.S. homeownership rate, which soared to a record high 69.2 percent in 2004, is back where it was two decades ago, before the housing bubble inflated, busted and ripped more than 7
Read More
Middle class being wiped out
Dec. 2, 2012 By John Seiler It’s not just the recent economic and political nonsense by both parties that’s hurting the middle class. It’s more than four decades of it. A new study finds: “The median net worth of American households
Read More