Wednesday, November 4, 2015
Even Retailers Suffering As Americans Too Poor to Shop: “Everyone Is Broke Except the 1%”
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Welcome to the "changing income landscape" in America... according to those in the know, it is a "seismic shift" and the middle class has all but disappeared.
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Tuesday, November 3, 2015
SPEECHLESS
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by Andy Hoffman, Miles Franklin:
Let’s face it. Even the world’s greatest authors get “writer’s block” from time to time. Whether I’m “great” or not is debatable, but I’m certainly amongst the financial world’s most prolific – having not missed a day of writing in at least two years. Between podcasts and articles, I [...]
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More Americans than ever use prescription drugs
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More Americans than ever are taking prescription drugs — close to 60 percent of U.S. adults, according to new research. And most seem to be related to obesity, with cholesterol and blood pressure drugs leading the pack, researchers report in the Journal of the American Medical Association. The single most popular drug is Zocor, a cholesterol-lowering drug in a class called statins, said Elizabeth Kantor, formerly of the Harvard T.H. Chan School of Public Health in Boston, and now at Memorial Sloan Kettering Cancer Center in New York. The drug, known generically as simvastatin, is taken by 8 percent of the U.S. population.
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18 Numbers That Scream That A Crippling Global Recession Has Arrived
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The stock market has been soaring, but all of the hard economic numbers are telling us that a major global recession is here. This is so reminiscent of what happened back in 2008. Back then, all of the fundamentals were screaming “recession” by the middle of that year, but the equity markets didn’t respond until [...]
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Monday, November 2, 2015
12 Days Before ’08 Crash, Congress Was Secretly Told To Sell Off Their Stocks
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By John Vibes Earlier this month, it was reported that less than two weeks before the economic collapse of 2008, several members of Congress took their money out of the stock market. Many high-ranking government employees were given a heads-up about the impending market crash in secret meetings with the Federal Reserve and the […]
The post 12 Days Before ’08 Crash, Congress Was Secretly Told To Sell Off Their Stocks appeared first on We Are Change.
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Sunday, November 1, 2015
Why Americans no longer trust the government's food guidelines
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Over the past 30 years, the Dietary Guidelines for Americans have become as bloated as the nation's collective waistline, serving up a thick brew of revolving-door nutrition advice, confusing messages, and perhaps even politically influenced eating recommendations. In 1985, the report — which gives updated nutrition advice to Americans every five years — was just 19 pages long. It resulted in a simple brochure with commonsense advice: "If you are too fat, your chances of developing some chronic disorders are increased. . . . To lose weight, you must take in fewer calories than you burn." It advised against vomiting or using laxatives to lose weight (back when anorexia, not obesity, was a major concern). Only two charts were included: one with the desired weight for average adults and another with the calorie-burn for exercises such as ballroom dancing and chopping wood. In 2015, the report is a 571-page behemoth and more overwhelming than a Cheesecake Factory menu. It takes on more than it can chew, from sustainability to labor concerns to tax policy. The findings — compiled by a committee appointed by the USDA and Health and Human Services agency — are important because they serve as the scientific basis for the actual dietary guidelines, which are the federal government's official recommendations on how to eat. The recommendations greatly influence federal food programs such as SNAP and child nutrition. For the guidelines to have any credibility, they must be free from political wrangling. The 2015 guidelines, which are due out by the end of the year, are already far off track. In a last-ditch effort to keep politics out of the final guidelines, the House Agriculture Committee held a hearing last week to examine how the process of developing updated nutrition advice became so ideological.
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AP: Hundreds of Officers Lose Licenses Over Sex Misconduct
AP: Hundreds of Officers Lose Licenses Over Sex Misconduct http://abcnews.go.com/US/wireStory/ap-hundreds-officers-lose-licenses-sex-misconduct-34885490