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USDA Alert: Half of U.S. Counties Designated Primary Disaster Areas; Financial Fallout “Intensifying”

by Mac Slavo | Aug 2, 2012 | Commodities, Headline News

The largest natural disaster in American history just went from bad to worse. Sweltering heat and persistent drought across the country has ravaged crops to such extremes this summer that tens of thousands of farmers and ranchers are on the verge of financial ruin....

New Bill Threatens to EFFECTIVELY BAN ONLINE SALES OF AMMUNITION

by Mac Slavo | Jul 30, 2012 | Headline News

With the United Nations poised to sign an international arms treaty that would regulate global arms sales and ownership, and Congressional members just days ago attempting to sneak a nationwide restriction on “high capacity magazines” into a cyber security...

UPDATE: Cascading Grid Crash: Now 600 Million Without Power in India (Are We Vulnerable?)

by Mac Slavo | Jul 30, 2012 | Headline News

Update: Tuesday July 31, 2012: Just one day after India’s power grid left 370 million residents of its northern provinces without electricity, the country is experiencing another massive crash of their fragile power grid with some 600 million people –...

Video: USA! USA! USA!: “Take the Heavy Boot Off the Throat Of America’s Job Creators and Let Them Breathe”

by Mac Slavo | Jul 27, 2012 | Headline News

Though standing ovations and applause are forbidden by Congressional rules, that didn’t stop the House of Representatives from applauding and chanting “USA! USA! USA!” after a rousing speech by Mike Kelly (R-PA) in which he took aim at the trillions...

Bar Stool Economics: A Simple Guide to the American System of Taxation and Distribution

by Mac Slavo | Jul 25, 2012 | Headline News

Suppose that every day, ten men go out for a beer and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go something like this: The first four men (the poorest) would pay nothing. The fifth would pay $1.00 The sixth would...
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