Meet the 0.0001% – 166 Americans Who Made Over $50 Million In 2012

| November 4, 2013

Here we go, it’s the roaring 20’s all over again but even more so now!  Never in U.S. history have so many individuals earned over $50 million per year. Never before has the divide between the wealthy and the poor been so wide (never). The source of this catalyst for unrest in society, as Mark […]

Rich Man, Poor Man….How Do We Fix It?

| November 4, 2013

Back on October 27 we did a report on the worlds wealth pyramid titled A Travesty Of Grandiose Proportions (click the blue lettering to review).  The report discusssed the great disconnect in the world today between the wealth of the super rich and everyone else. Now, in todays review, we are going to touch on income extremes, with hopes […]

The Canadian Mint Is Working On A New Digital Money Project Called ‘MintChip’, No It’s Not Ice Cream…It’s A New Form Of Digital Currency, Does BitCoin Ring A Bell?

| October 31, 2013

BitCoin may have become the fuzzy model for countries around the world to modify the digital money idea. Software engineers for Crown Corp in Canada will begin pilot testing a novel form of digital currency that so far has received little attention.  It has the potential to revolutionize how we do business. “Where we’re going is not a […]

The United States Is Now The Worlds Largest Oil Producer, Yes…You Heard It Right

| October 30, 2013

So maybe this has something to do with the stock markets being so strong. It’s no secret that cheap oil is critical to long term growth in big economies like the United States. Reuters News: The U.S. has  surpassed Saudi Arabia as the biggest oil producer in the world. You read that correctly: “The jump in output […]

U.S. Budget Deficit Narrows To 5-Year Low On Record Revenue

| October 30, 2013

Surprised as we are, somehow we don’t think it was employment gains that powered this giant revenue collection….capital gains taxes would make more sense being that stock markets are at all time highs! Bloomberg: The U.S. posted its smallest budget deficit in five years as employment gains helped propel revenue to a record. Spending exceeded receipts […]

Financial Musical Chairs… But When The Music Stops, Who Will Have A Seat?

| October 28, 2013

JP Morgan has a report out that is reviewed in part below. Everybody should take time to read it.  The economy is being stimulated with excess liquidity like never before in history. When it slows or stops, we will have a Stanely Druckenmiller event, i.e., Druckenmiller said recently (September 11)….that financial markets could readjust to lower priced levels instantaneously upon changes in Fed […]

A Travesty Of Grandiose Proportions

| October 27, 2013

Never before has the world seen such disparity of wealth between rich and everyone else.  Out comes the pen and off goes another letter to our worthless Congress.  Will they even read it? John Maudlin, in his new book Code Red, (to be released on Monday, Oct. 28) reviewed the latest key figures concerning record wealth disparity, and it’s a […]

When General Motors Went Bankrupt Back In 2009, The Pontiac Car Brand Was Killed On A Government Whim!

| October 26, 2013

We always liked the GM Pontiac brand, established back in 1926, with an early model called The Chief, which started as a companion make for General Motors’ Oakland name plate.  It quickly overtoke its parent in popularity, and supplanted the Oakland brand entirely by 1931. Interestingly, Pontiac always had a theme and closeness to Native American Indians, originally built in Pontiac, Michigan, the early cars […]

Powerful Nations And Mega Large Companies Fight Back Against NSA Spying

| October 25, 2013

This is what can happen when power is abused,….we think it is just the begining of efforts to neutralize U.S. power around the world.. Much of the new telecommunications infrastructure layout is said to be built to avoid American spying.  Can’t say that we can blame them! One of India’s largest newspapers – The Hindu – reports: Most of Brazil’s global […]

Soon To Be Proposed USA FREEDOM Act Could Rein In Abuses Of The Patriot Act

| October 25, 2013

Off to Washington D.C. goes another letter to our Congressman….. YES, we’re in favor of changing the often abused Patriot Act.  This movement already has more than 50 co-sponsors. There is also a bipartisan coalition called’ StopWatching US’, that includes Congressman Amash, and the coalition includes hundreds of organizations from all sides of the political spectrum. The petition on reining in NSA surveillance […]

Let’s Throw Every One Of Them Out Of Office….It Will take Six Years, But It’s Something That Has To Be Done!

| October 17, 2013

The U.S. Congress, what a bunch of thieven’ bums…. Last night, after more than two weeks of utterly embarrassing theater, the government in the Land of the Entitled inked a deal to kick the can down the road for a few more months. And in doing so, they set a very dangerous precedent. As part of the […]

The U.S. Government Issues New Ben’s

| October 9, 2013

Yep…new $100 dollar bills (notes) started to circulate yesterday.  This project was said to be in development for over 10 years as a joint effort by The Federal Reserve, U.S. Department of the Treasury, U.S. Bureau of Engraving and Printing, and the U.S. Secret Service.  First year production is expected to be around 3.4 billion with print facilities in Washington D.C. and […]

The Interbrand Best Global Brands 14’th Annual Survey Is Out

| October 6, 2013

The Interbrand Best Global Brands survey was recently released, (September 30,2013)……Founded in 1974, Interbrand is the world’s leading brand consultancy! Bloomberg BusinessWeek notes,Coca Cola the soft drink giant had held the No. 1 ranking for 13 consecutive years but fell to No. 3 in this year’s report. Interbrand values the Apple brand #1 at about $98 billion, and other […]

Meet The Real Estate Housing Market “Vampire REOs” Where Many Americans Live Mortgage-Free

| October 3, 2013

Zero Hedge is just out with this interesting article concerning the housing markets and what they call artifical price gains. Yeh, we agree, the whole free market system has been rigged in one way or another since 2009. ZeroHedge: Concerning Foreclosure stuffing. We explained this scheme by banks to limit the amount of available for sale […]

“Trust” Is Fading Into The Sunset

| October 1, 2013

Yikes… heading down hill with no brakes!

The 10 Most Powerfull Corporations In The World

| September 27, 2013

Below are the top 10 corporations by market cap listed in 5 year increments spanning the last 21 years, actually the last increment was 6 years. While the names have changed at the very top, the premise has not.  And…the winner for 2013 is (drum roll) Apple. But pay attention to this, nobody has stayed number one for very long! In fact, most […]

Inflation Based On Three Easy Comparisons…..

| September 26, 2013

Based on the graph below, a new car is the deal of the decade, in fact it’s the best deal going back multiple decades! Wise Dog

Time To Send Off Another Letter To Your Congressman….Household Income Figures Since 1975, All Of Us Pinions Vs Memebers Of Congress

| September 20, 2013

Here’s a full history of the Census Bureau’s figures for median household income.  Notice that median household income in 2012 is below the 1989 figure. That’s 23 years. Not so good. Now let’s look at things from 1975, which is the begining of these records…..Median household income has increased by a cumulative, grand total of 11% […]

Interesting Tid Bit On Our Privacy From Back In 1978

| September 18, 2013

Question…..Did anybody think that our privacy was being compromised back in 1978?  Answer….Probably not. But sure enough and to our surprise it’s the wrong answer. Back on February 24, 1978  The Rockford Files Season 4 Episode 12  was viewed on NBC and the following caption was shown at the end of ‘ The House On Willis Street’ part 2.  This episode was about new […]

Donald Kohn Comments Send Him To The Back Of The Line For Next Fed Chairmanship

| September 16, 2013

Wise Dog Sources believe that Kohn is NOT a deregulator as Summers was perceived to be, and his comments that we review below essentially take him out of the Federal Reserve Chairman job opening! Wikepedia: Donald Lewis Kohn (born November 7, 1942) is an American economist who served as the former Vice Chairman of the Board of Governors of the Federal Reserve System. […]

Five Years After A World Economic Meltdown, BIS (Bank of International Settlements) Ex-Chief Economist Warns “It’s Worse This Time”

| September 15, 2013

It’s concerning how so many people now think that “things are different this time”!  But since complacency has hit an all time record, it’s unlikely to end well. The Swiss-based BIS `bank of central banks’ said a hunt for yield was luring investors en masse into high-risk instruments, “a phenomenon reminiscent of exuberance prior to the global financial crisis”. The former chief economist […]

Some Interesting Tid Bits About Silver…Or As Some Call It – Poor Man’s Gold

| September 12, 2013

Silver appears to be the metal of the future….especially when one considers that 2/3 of all silver produced worldwide is a by product of lead, copper and zinc mining. Major silver users include the electronic and circut board industry, water purification and growing  industrial uses in China, including production of energy saving solar panels. Silver Atomic Number: 47 Symbol: Ag Atomic Weight: 107.8682 Discovery: Known […]

Are New Bank Notes Around The World Going To Be Made Of Polymer?

| September 12, 2013

“Wise Dog” sources say the new normal in money has started a change from paper to plastic!  The reason being that after initial increased costs, the extra durability of the notes would mean they would last longer.  Canada has already adopted the polymer banknote because it’s cheaper to issue then paper notes. Other countries paying with plastic include: Australia was […]

9-11-2001 Remembered Twelve Years Later

| September 11, 2013

As remembering one of the toughest days in our history passes, let’s not forget those innocent kind souls who lost their lives on September 11, 2001.  God Bless America, Land Of The Free and Home Of The Brave.  

Vladimir Putin, Russia’s President Does An Op-Ed With The New York Times…..

| September 11, 2013

Hmm…..This has to be a first, a Russian president does an editorial in a major U.S. newspaper!  Unbelievable! Truely, it really is. Inquiring minds want to know if Russia’s leading newspaper Pravda would allow President Obama to pen his own Op-Ed in Moscow. Just curious! Here is a major exert on a Russian point of disagreement: “I carefully studied his (President Obama) address […]

Stanley Druckenmiller Reviews Key Issues That In His Opinion Will Effect The U.S. Economy

| September 11, 2013

Pay attention everybody, there will be a quiz on this….Stanley Druckenmiller (one of the most successful money managers of all time) addresses key issues for the U.S. economy going forward. Here are a few  snip-its. On what he is most uncomfortable about: “Let’s first set the table and looking at what is going on in the last […]

NSA Has Full “Back Door” Access To iPhone, BlackBerry And Android Smartphones, Documents From Germany’s Spiegel Reveal

| September 8, 2013

This won’t go away…..it’s the new normal in communications. Germany’s Spiegel, broke a story saying that the NSA can spy not only on Android smartphones but tap user data on all iPhone and BlackBerry devices “including contact lists, SMS traffic, notes and location information about where a user has been”. Spiegel reports, citing”internal NSA documents that the […]

Here Are The Most Recent U.S. Crude Oil Import Charts….

| September 4, 2013

The U.S. isn’t “oil  independent” just yet, but we’re working on it!  As you can see from the charts below, most of the OPEC oil imported by the US comes from places other then the Middle East.  Saudi Arabia and Libya are the exceptions.  2013 July vs June Chart Below……. 2013 Year To Date Chart below….. Source: Census Bureau

Say It Ain’t So….The Hemisphere Project (Formerly Known As) Hudson Hawk) Involves Over 4 Billion Recorded Phone Calls Per Day

| September 2, 2013

Here is a spaghetti chart created by the WSJ of the US telecom space. It lays out roughly how many current subscribers (many  from other carriers) pass through  US telecom giant, AT&T.  Submitted by Tyler Durden on 09/02/2013 16:02 -0400  www.zerohedge.com The reason for this is that according to the latest revelations from the NYT, which […]

Happy Labor Day 2013

| September 2, 2013

There are now 130 Million citizens that are not currently employed… off we go with another letter to OUR (We The People) self serving Congress and Senate.  Even they can understand the picture below (we thinx). (h/t @Not_Jim_Cramer)     www.zerohedge.com

The China Plan…In Gold We Trust

| August 25, 2013

The China plan would look to eventually back the Chinesse Renminbi currency with Gold, creating a direct trading challenge to the U.S. Dollar. Russia’s Putin has in the past hinted at something similar for the Russian Ruble! Chinese Gold Imports – China Imports 104 Tonnes of Gold in June China just imported 104 tonnes of […]

We Currently Have The Slowest Start To A Hurricane Season On Record…There Have Been None…Not A One, Zippo, Zero, Ziltch!

| August 25, 2013

Unbelievable!  Ok, now we understand better why the commodity market is so unusually tame, especially the softs which have been weak all summer…By definition a soft commodity is a commodity such as coffee, cocoa, sugar, corn, wheat, soybean and fruit. This term generally refers to commodities that are grown, rather than mined, drilled for or raised such as animals.  So […]

New Home Sales Fall To Lowest Level Since Last October While Builder Confidence Rises To Its Highest Level Since November 2005, No Typo, 2005!

| August 23, 2013

So, it’s said by a number of Realtors that interest rate spikes don’t matter to home buyers….um, maybe they should rethink that idea? Yep, maybe rethink it twice! Purchases of new U.S. homes  plunged in July by the most in more than three years while previous month saless were revised down.  Housing in July showed that a […]

Hindenburg Omen Continues!

| August 18, 2013

The dreaded Hindenburg Omen continues through August 14….. For the 6th day in the last 8, the market has flashed a string of Hindenburg chart warnings that suggest that all is not well in a stock  market considered by some to be “ government driven”. See our review of this several posts below, it will explain the Hindenberg Omen in detail.

Currently, Stock Markets Of The World Show Little Fear…But Maybe They Should!

| August 13, 2013

Why, you say…. It’s the dreaded Hindenburg Omen! “The Hindenburg Omen is a technical analysis that attempts to predict a forthcoming stock market crash. It is named after the Hindenburg disaster of May 6th 1937, during which the German zeppelin was destroyed in a sudden conflagration.” The Hindenburg Omen is not a guarantee of a […]

How LIBOR Sets Interest Rates

| August 8, 2013

Did you ever wonder just what LIBOR stands for…….well now you know! Until July 2012, the London Interbank Offered Rate (LIBOR) was the biggest little number that nobody outside finance understood, and yet it touched the lives of virtually everybody. LIBOR is an interest rate that gets calculated for ten currencies and fifteen borrowing periods […]

Velocity Of Money Sits At Historic Lows….

| August 6, 2013

What this means is that money is not being circulated through the system, instead it is parked in things that don’t ecourage growth in the economy.  Velocity of Money is now at all time lows. Here is how to explain it:  The velocity of money (also called velocity of circulation and, much earlier, currency) is the average frequency with […]

Baltic Dry Index…A Sinking Ship

| August 6, 2013

Reviewing the overall global trade activity, the Baltic Dry Index shows we remain in record low territory. The global economy is moving at stall speed….   www.kingworldnews.com

Home Ownership Rates Continue To Fall

| April 30, 2013

The US Census Bureau reported earlier today that the US homeownership rates in the first quarter of 2013 dropped by 0.4% to a new 18 year low.  It now sits at 65% which is it’s lowest rate since 1995! www.zerohedge.com

The Rich Get Richer, And ….Well, You Know The Drill

| April 23, 2013

It’s now a rich mans world, but it wasn’t always this way! As the Pew Research Center finds, during the first two years of the US economic ‘recovery’, the mean net worth of households in the upper 7% of the wealth distribution rose by an estimated 28%, while the mean net worth of households in the lower 93% […]

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