Category Archives: economy

BPR Quotes of the Day: Why Isn’t Wall Street in Jail?

“You know why Madoff went to jail when no one else did?  He stole from the rich.  That was stupid.  If you steal from the average guy, you get away with it.” Cent Uygar             … Continue reading

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At Last, Progress on the Job Front

President Obama doesn’t blink in tough negotiations with GOP leaders….. In Compromise, Republicans Allow Obama to Create One Part-Time Job Step in Right Direction, President Says WASHINGTON (The Borowitz Report) – In what the White House hailed as “an example … Continue reading

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“The American Way”–What Happened to It?

Thom Hartmann sums up America’s economic problems in eight minutes.  A brilliant analysis on what’s gone wrong and what we need to do about it.

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Obama’s Last Stand

Custer’s Last Stand didn’t end well at Little Bighorn–at least not for the General and his soldiers.  President Obama is up against his own Last Stand, with his political fate along with the economic future of America on the line. … Continue reading

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BPR Quote of the Day: Santorum’s Fuzzy Math

“[Obama] passed a huge stimulus package that now we know, over the past two quarters, has actually cost American jobs, and that’s from the report of his own administration,” Santorum asserted. “They claimed in December that by the end of … Continue reading

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THE WAR BETWEEN THE CLASSES: America’s Second Civil War

“There’s class warfare, all right, but it’s my class, the rich class that’s making war, and we’re winning.”   — Warren Buffett It’s hard to pinpoint when the first shot in America’s Second Civil War was fired. People willing to go … Continue reading

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Why You are Going Broke Filling Up Your Car

“There has been a major debate over the last several years as to whether spikes in oil prices are caused by the fundamentals of supply and demand or whether excessive speculation in the oil futures market is playing a major … Continue reading

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BPR Quote of the Day: Parasite Nation

“The United States lives on credit, which for one of the leading economies is very bad. They are living beyond their means and shifting their problems onto the rest of the world. To some extent, the US is a parasite … Continue reading

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The Fed’s Unprecedented Generosity

Here is what the Federal Reserve didn’t want you to know: They helped large banks and other corporations out of a terrible jam. Sounds like a nice thing to do. Why wouldn’t they want us to know that? Thanks to … Continue reading

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BPR Quote of the Day: Understanding the Banking System

“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”            Henry Ford     … Continue reading

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