ub Mon, 08/07/2023 - 10:25

Fitch Ratings downgraded U.S. government debt from AAA to AA+ says the downgrade reflects the expected fiscal deterioration.

Thank the Republicans controlled Congress for a high and growing general government debt burden and the erosion of governance.

Markets on guard for US, China inflation risk

ub Wed, 06/15/2022 - 18:09

Economists war that Americans and the entire world need to continue tightening our belts for the long and bumpy ride ahead.

The Federal Reserve faces the daunting task of reassuring the public that is increasingly convinced the central bank has already blown it. Slam the breaks or slow down?

When the Fed raises rates, it would imply that the banks are seeing a growth in credit disbursement. A lot of people are opting for the loan facility. So, in order to satisfy the need for credit, banks usually shift their reliance on fixed deposits. 

Here Comes The Fed

Submitted by ub on Wed, 05/04/2022 - 10:05

Experts say greed causes inflation. Like pride, lust, gluttony, sloth, anger, and envy, greed is a deadly sin because it causes others. 

Greed takes the form of overwork. Consumerism is a view of the human person that reduces us only to what we can afford to buy and consume.

Mickey Has No Clothes

Submitted by ub on Thu, 04/21/2022 - 15:48

The Mouse has been stripped naked. Florida revokes Disney World’s special status, for criticism of the “Don’t Say Gay” law.

Disney's special district pays for its own services, so removing this status means Florida residents will see a higher tax bill. The district also has over $1 billion in debt, which the state would be on the hook for. Florida will go broke thanks to #MoRon.

ub Sat, 11/13/2021 - 11:08

The effectiveness of an advertiser boycott varies. Does it impact ratings? How many marketers are pulling the ads dollars lost? 

In this era of political polarization, media platforms have oftentimes taken the stance they will not be bullied by watchdog groups. Furthermore, for too many loyal viewers, the comments made are not deemed as incendiary. 

Advertisers on FOX

Beyond MyPillow: biggest advertisers on Fox News | Ad Age

Newsmaker Interview
ub Sun, 10/10/2021 - 14:37

The Association of Foreign Press Correspondents is the leading organization that represents all journalists in America.

US Democracy On Life Support

Submitted by ub on Tue, 10/05/2021 - 05:04

POTUS, The Democrats, and The White House Press Secretary reveal a show and tell chart of our USA Debt Increase comparisons.

The White House is looking to reset the messaging around its multi-trillion dollar spending bills deadlocked in Congress, as President Joe Biden hits the road to pitch popular elements of the package.

The Democrats are also urging lawmakers to pass a bill to raise or suspend the federal government's $28.4 trillion debt ceiling by the end of this week, warning that failure holds devastating economic consequences.

Parrot vs Patriot

Submitted by ub on Sun, 10/03/2021 - 08:36

Whether an individual consumer, business owner, community leader, elected or appointed official, if you are still opposed to higher minimum wages then you are just plain STUPID, don't care, and certainly DO NOT understand the engine that drives the US economy.

If you want to be a PARROT, instead of a PATRIOT, go ahead, keep "parroting" those talking points about the devastating effects a higher minimum wage would have on the economy that your political party, chamber of commerce, or other conflicted and the self-serving source is shoving down your throat!