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Median household income crashed 1/3
Wonder why you feel so poor? Because you are. According to a new study by the Russell Sage Foundation, in the last decade median household income crashed by 1/3, from $87,992 in 2003 to $56,335 in 2013. The crash started during the
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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
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Chart shows stock market NOT setting records
The following chart plots the Dow Jones Industrial Average against gold since 1978. This is important because gold is the only real money. Paper currencies are manipulated by central banks and governments. Remember what happened to the Zimbabwean dollar? How
Read MoreObama has all my phone data!
June 6, 2013 For years I’ve had a Verizon phone. Now it turns out President Obama’s regime grabbed all my phone data without a warrant, and without notifying me. Am I one of those conservatives and libertarians the IRS has
Read MoreJust who wants to “take back America”?
Jan. 4, 2013 By John Seiler Last week I noted that Sam Donaldson attacked the Tea Partiers for their slogan, “We ought to take back our country.” Actually, I noted, they just didn’t want to keep paying massive taxes to
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American Dream Goin’ South
May 22, 2012 By John Seiler People naturally move from depressed countries to thriving countries. That’s especially true when travel between the two countries is easy, as it is between the United States and Mexico. Because so many Mexicans have
Read MoreCalif. Jobless Above Twice Mexico’s
There’s a lot wrong in Mexico. The recent murder spree is one, although that’s largely because the Mexican government is following U.S. government orders to intensify the “war” on drugs. The Mexicans should tell the Yanqui to get lost. Another part
Read MoreDiFi Misleads Dem Convention
John Seiler: At this weekend’s convention in Sacramento of the California Democratic Party, Sen. Dianne Feinstein attacked Republicans and Tea Partiers for wrecking the country. True enough, Republicans bear much of the blame. They held the presidency from 2001 to
Read MoreSpending Actually $121 Bill Higher
John Seiler: The wrangling over the $12 billion in taxes in Gov. Jerry Brown’s proposed 2011-12 budget of $86 billion usually ignores something: All the federal tax money California gets. The Bee reports: The federal government gave California’s state government $120.7
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