Mike's Spotlight

Everyone’s A Socialist Until the Practical Reality Hits

The majority of US college students favour socialism over capitalism but wait until you hear what they say when it comes to sharing their grades with other students.

Let’s cut the BS. We can’t have it both ways.  If climate change is a problem then record high gas prices can’t be.  If big new government programs and higher salaries and benefits are the goal then high gas prices can’t be a problem.

Money Talks with Guest Host Michael Levy – May 11 Complete Show

Michael Levy fills in this week to talk money laundering and the casinos that are turning a blind eye. Ross Clark and Ozzie Jurock join the show.

Federal Reserve Interest Rates

Misguided economic policies, and playing a game of “chicken” with regard to trade negotiations between the US and China.

Banks Are Doubling Down On Risky Credit Card Debt

As each of the seven largest credit-card issuers in the US reported a troubling jump in default rates to levels not seen in the better part of a decade, we noted last week that relaxed lending standards combined with ‘Non-GAAP’ FICO scores suggest that the American consumer is in far worse shape than many had realized – which could seriously threaten stability during the next recession (if the Fed ever allows one to happen)….CLICK for complete article

test-php-789