Posts Tagged ‘Main Street’
by Mike McCune – The jobs report for February came in nicely and Wall Street cheered. Meanwhile the January jobs report was slashed by 25% from a gain of 157,000 to 119,000 and Wall Street yawned. That is because the deceit must be maintained. According to Washington, America has been in a recovery since [...]
Tags: America, Federal Reserve, form, God, government, job, Main Street, man, Mart, member, praise, rate, report, Reserve, Street, time, unemployment, Wal Mart, Wall Street, Washington
by Mike McCune You have probably heard little from the housing market recently. Didn’t you know the housing market had “hit bottom” according to many Wall Street analysts and was no longer a concern? Not so fast with all the loose talk of bottoming and rebounding. The housing market is still discovering new [...]
Tags: country, Europe, form, Freddie, God, government, home, list, loan, Main Street, man, Mike, money, paper, place, problem, Street, Thomas, Thomas Jefferson, work
by Mike McCune – “I have sworn on the altar of God eternal hostility against every form of tyranny over the mind of man.”–Thomas Jefferson The markets may reach the moon in their gravity-defying surge but Main Street American consumers aren’t participating. In fact, Americans are pulling their money from the marketplace at record levels–$19 [...]
Tags: accounting, America, form, God, government, Jefferson, Main Street, man, Michael, money, opinion, paper, problem, report, Street, tax, Thomas, Thomas Jefferson, today, week
Governments’ False Hopeby Mike McCune – The time-tested fundamentals taught in economics classes everywhere are missing to support the recent rises across the globe. Anyone who would have invested with the fundamentals so twisted would have been flunked by every professor I ever had. The cost per dividend is too high. The capital gains, unless [...]
Tags: capital, check, credit, day, debt, ECB, end, Europe, Federal Reserve, government, IMF, Main Street, Mike, money, problem, Social, Social Security, Street, surge, time
Government’s Playbook Is Very SlimGuest column by Mike McCune Despite mind-numbing volumes of lip service, the United States government has no real interest in addressing the economy-stifling debt problem. If all the ploys attempted since 1932 were considered plays and put in an NFL playbook, it would constitute football’s thinnest. First play: Run over [...]
Tags: campaign, Constitution, debt, game, government, help, left, Main Street, Main Street America, money, problem, rest, right, Run, second, someone, something, Super Committee, United States, value
Mike McCune — Ranter extraordinaire Nobody I know on Main Street got a raise last year. Those who worked for the government got raises but there were also some cuts in staffing so it sort of worked out even and I could live with the tradeoff. But when the White House released its annual [...]
Tags: American, campaign, government, JOBS, June, list, Main Street, NEW, news, NO, Obama, position, problem, report, rest, show, Street, unemployment, vote, year
Guest Column By Mike McCune Most economists’ jobs depend on finding the silver lining amongst the ever-darkening storm clouds hanging over America. Economists charged with finding that sliver of silver are getting discouraged and beginning, after two years of promoting the recovery myth, to change their predictions for the future to the downside. This departure [...]
Tags: accounting, America, change, government, home, Main Street, Michael, month, news, Obama, opinion, paper, place, problem, Street, tax, unemployment, unit, USS, value
Guest Column By Mike McCune President Obama recently put into his remarks to a high school graduating classes about the need of “being careful how you read things because there is a lot of misinformation out there.” He should know better than anyone in America because he spreads more micro-managed manure every time he opens his mouth than [...]
Tags: America, Congress, Consumer Financial Protection Bureau, control, Federal Reserve, Financial Reform Bill, government, hand, lot, Main Street, Obama, pay, problem, reform, Reserve, right, Street, time, vote, Wall Street
Everyone is aware of some of the tricky accounting schemes that have helped spur the current economic mess America is in and the finger can be pointed squarely at elected officials who set up these lucrative loopholes for their buddies. One of the more outrageous ones was the Repo 105 plot that brought down Lehman [...]
Tags: accounting, aid, alignleft, America, Bureaucratic Washington, caption, Congress, FASB, Financial Accounting Standards Board, government, Main Street, reform, rest, sale, SEC, Smoot Hawley Act, Street, target, Washington, width
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