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71UC Board of Regents Fee Increase Sparks Protests, Near Riots at UCLA and UC Berkeley Campuses
At one time, California with one of the most revered state university systems in the United States, if not the world, provided virtually free tuition for all in-state students. Those days are long gone, and...
0 comments93Will Recession Increase Crime?
The severe economic recession has brought about the possibility of a crime wave occuring in the future. The soaring unemployment rate may mean that more desparate people will resort to crime to obtain money....
76Worldwide Economic Protests and Riots
Iceland Protester. Yes, those F-words mean what it looks like in English. Economic related protests and riots are occuring around the world from Iceland to China. The mainstream media in the U.S. gives...
23 comments69Scenes from an empty Restaurant: Recession turns places into ghost towns
A professor at NYU, recently commented that due to deteriorating economic conditions, January of 2009, may turn out to be the worst January in the history of the hotel industry. My recent excursion to a hotel...
5 comments66Signs of Financial Desperation Abound in the New Economy
As economic conditions continue to deteriorate around the world, the effects of the recession are manifested in desperate actions for food and money. There are laid off workers in China rioting due to the...
74Deflationary Spiral in the Economy Underscores Deleveraging Effects
We've seen a massive amount of capital injections and bailouts by the federal government to support the financial system. My own personal feeling is that we're likely to see this number top $10 Trillion by...
64Protests in London Against the Financial Bailout Plan for Banks
A couple weeks ago on Sept. 25 Americans protested on Wall St. to convey the collective anger of the country against the pork-filled $700 Billion bailout of financial institutions. Click here to see the...
5 comments74The Real Price of Silver and Gold
The recent wave of bank failures, the Wall St. bailout and economic turbulence have caused a huge resurgence in the interest of gold and silver. Precious metals have historically been regarded as safe-havens...
66The New Economy: Why Americans Must Start To Live Within Their Means
As I write this article, credit markets are seizing up in an alarming manner pending a bail out plan by Congress. Banks are so scared about the situation that they are afraid to lend to each other, let alone...
57Protests on Wall Street - what the news media isn't showing you
Hundreds of protestors demonstrated agains the proposed $700 Billion bail out plan for the finance and banking industry, yet the national news media in America didn't even report it! Why not? It seems...
