Moral Outrage
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Posts Tagged ‘investment

What your Social Security contribution should be worth

August 14, 2012

The government is now referring to our Social Security checks as a “Federal Benefit Payment.” –This isn’t a benefit – its earned income! Not only did we all contribute to Social Security but our employers did too. It totaled 15% of our income before taxes. If you averaged $30K per year over your working life, […]

What happens if Congress does not raise the US debt ceiling?

July 25, 2011

What happens if lawmakers fail to act by the Aug. 2 deadline? A failure to raise the debt ceiling would send shockwaves through the underpinnings of the financial system — and possibly ripple out to individual investors and consumers. If the debt ceiling isn’t raised, the federal government won’t be able to pay 44% of […]

Egypt’s peace with Israel may be short-lived

January 31, 2011

The former head of the UN atomic body (IAEA), Mohamed ElBaradei returned to Egypt last Thursday just before the rioting broke out. Now Egyptian opposition groups have called on ElBaradei to negotiate with the government of the embattled president Hosni Mubarak. This includes the Muslim Brotherhood, whose leading member Essam el-Eryan has said the opposition […]

US government debt to be rated junk?

September 9, 2010

A few weeks ago, Hedgeye, an investment research firm posed the question, “Should U.S. Government Debt Be Rated Junk Status?” since the metrics by which we evaluate the balance sheet of the United States continue to deteriorate. Typically, a bond receives junk status due to its increased risk of default. In general, the owner of […]

Diverse economic outlooks between the US and China

January 11, 2010

Yesterday, it was announced that China has officially overtaken Germany as the world’s top exporter, another sign of China’s rise as a global economic force.  Prof. James Petras offers these guiding philosophies that empower China, and weaken America. 1. China extracts minerals and energy resources to create its domestic job market in manufacturing. Washington drains […]