The biggest bank in the world is still in the United States of America, this bank just happens to be the Federal Reserve. A $77 billion dollar profit make Apple look very small, according to money.com: To put it in perspective, consider this: Last year, the Fed earned more than [...]
Continue reading...If you have an iphone, I’m sure you’ve asked yourself where are these phones made. With Apple making record profits, Apple had to be using cheap labor. It turns out this was the case, Apple is using the cheap Chinese worker. Capitalism is good but using a communist countries workforce [...]
Continue reading...The year was 1945, two forces joined together to beat the biggest threat in the world, fascism. To put it in simple terms, fascism was a form of government used by Nazi Germany. The forces that joined together were communism and capitalism. In today’s world this would seem to be [...]
Continue reading...Why is Mitt Romney refusing to release his tax returns. He would be the first presidential candidate to never release his tax return. Mitt Romney is just adding fuel to the fire, what does he have to hide? Strange stuff…when I agree with Sarah Palin, the world must be coming [...]
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The Glass-Steagall Act is probably one of the greatest piece of legislation passed in the 20th century. Enacted June 16, 1933, was a law that established the Federal Deposit Insurance Corporation (FDIC) in the United States, and provided reforms to the banking system. The reforms separated commercial & investment banks [...]
Continue reading...Finally, the Obama Administration is tapping into our petroleum reserves. This should help the American people at the gas pump, but the question is what took the administration so long to open the reserves. Just last month, gas prices almost averaged $4 a gallon which put a damper on our [...]
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It’s official, Donald Trump isn’t running for President. If anyone took him seriously then you need an evaluation of the brain. This man must need the money. He came into the spotlight hard with the “birther” issue, but after the release of Obama’s birth-certificate his poll numbers has been in [...]
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