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 […]

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 […]

Hard To Believe…..But True

| May 27, 2013

Here are some statistics that seem unbelievable….. An astounding 53 percent of all American workers make less than $30,000 a year. In the United States today, the wealthiest one percent of all Americans have a greater net worth than the bottom 90 percent combined. The six heirs of Wal-Mart founder Sam Walton have as much wealth […]

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% […]

Looks Down Right Scarey!

| October 27, 2012

Median U.S. household incomes have been stagnant for most of the last twenty years…and falling hard for the last four years. But…..the top 10% and the top 1% earners have risen dramatically! www.mauldineconomics.com

Here’s One For The Road…Who Is – The Worlds Biggest Hedge Fund….And No It Isn’t Bridgewater, Which Is Second On The List

| September 30, 2012

Wow, this is really unbelievable.  Truly, it’s unbelievable! You’ll never guess the name that controls the worlds biggest hedge fund. Chances are good that nobody will get this one right! The world’s largest hedge fund is not located in the top floor of some shiny, floor-to-ceiling glass clad skyscraper in New York, London, Hong Kong or Shanghai. Instead […]

Ding Dong…Sometimes They Really Do Ring A Bell At The Top!

| June 11, 2012

Fed Says U.S. Wealth Fell 38.8% in 2007-2010 because of Housing….Duh! The financial crisis wiped out 18 years of gains for the median U.S. household net worth, with a 38.8 percent plunge from 2007 to 2010 that was led by the collapse in home prices, a Federal Reserve study showed. Median net worth declined to $77,300 in […]

The Consumer Predicament Means Years In The Dog House

| December 17, 2011

The U.S.consumer debt situation remains a major problem and is far from its normal boundaries.  It will remain so for some time to come, and we mean years! Here’s an updated look at the U.S. consumer. During the housing boom, consumer leverage rose at nearly twice the rate of corporate and banking leverage. Even after all the […]

Words From A Wise Old Owl…

| May 21, 2011

Our society is changing, so maybe we need to pay attention to this……..says Knox College psychologist Tim Kasser, author of “The High Price of Materialism.”   Recognize the real benefits of wealth — freedom and flexibility — and don’t let the pursuit of its illusory trappings interfere with your ability to reap those rewards. Debt is slavery: “The […]

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