Seattle, Los Angeles, and many other cities are passing minimum-wage laws; however, history has shown that wages and prices should be set by the free market, not by government.
The Federal Reserve’s annual Wyoming symposium has sent ominous signals that the world’s top central bankers will be unleashing global QE — and more raids on savers, taxpayers.
After Minnesota raised its minimum wage, a café owner added a $.35 "minimum wage" fee to all customer orders to cover the added cost.
The announcement July 30 that the economy grew at a four-percent annual rate for the second quarter of 2014 has financial analysts wondering if the Federal Reserve Bank will end earlier than expected the “quantitative easing” and interest rate suppression it has engaged in since 2008.
This is a setup from the start. The rail line will never make money, so it's being funded with gifts in the hopes that taxpayers can be gulled into paying for its expansion in the future.
Under the guise of re-defining and improving what they inaccurately called “capitalism,” top insiders representing institutions that control some $30 trillion in assets met at a Rothschild-sponsored “Inclusive Capitalism” summit in London to push what sounded suspiciously like global tyranny. From the IMF boss quoting Karl Marx to crony capitalist CEOs and central bankers pushing radical notions of “sustainability,” the globalist bigwigs consistently blamed what little remains of the free market for the horrific failures of socialism, central banking, and Big Government. Ironically, many of the attendees enriched by fleecing taxpayers via government were tripping over themselves to advocate more wealth redistribution and taxes.
The CBO reveals an unrepentant president determined to impoverish further the once-vital American middle class.
Speaking at the conference for community organizers and developers hosted by the Chicago Federal Reserve on March 31, Federal Reserve Fed Chair Janet Yellen said that the U.S. economy will need Fed stimulus for “some time.”