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Ham and Eggs | An Age-old pension movement in California

Ham and Eggs | An Age-old pension movement in California

  By Richard Colman In the 1930’s, during the Great Depression, California had an old-age pension movement called the Ham and Eggs plan.  Under the plan, each person qualified to vote in California, age 50 or over, and unemployed would receive $30 every week.  To keep the plan funded, there would be weekly tax of […]

Fox in the Hen House: Why Interest Rates Are Rising

Fox in the Hen House: Why Interest Rates Are Rising

    By Ellen Brown The Fed is aggressively raising interest rates, although inflation is contained, private debt is already at 150% of GDP, and rising variable rates could push borrowers into insolvency. So what is driving the Fed’s push to “tighten”? On March 31st the Federal Reserve raised its benchmark interest rate for the sixth […]

Uncertainty is the Root of the Current Market Craziness

Uncertainty is the Root of the Current Market Craziness

  By Thomas L. Knapp For months after his inauguration, US president Donald Trump bragged that he was single-handedly producing an economic boom, citing a rising stock market as evidence. Recently, however, he’s stopped that line of self-promotion. The market has seemingly gone nuts. Sudden one-day drops pare back weeks of gains, followed by a […]

A New Year’s Toast To The Old Breed

A New Year’s Toast To The Old Breed

  By Victor Davis Hanson | Defining Ideas The late World War II combat veteran and memoirist E. B. Sledge enshrined his generation of fellow Marines as “The Old Breed” in his gripping account of the hellish battle of Okinawa. Now, most of those who fought in World War II are either dead or in their nineties. Much […]