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Jermaine Jackson: This Fool Trump Needs To Sit Down

One of the original members of The Jackson 5 and the brother of the late music legend Michael Jackson, has come out and criticized the U.S. presidential candidate Donald Trump for mentioning his brother during his campaign. The Donald who is currently leading the polls for the Republicans was interviewed in a CNN town-hall and discussed his relationship with Michael Jackson, saying that the superstar had lost all his confidence prior to his death due to botch surgery jobs.

The Chilling Ways The Current Global Economy Echoes The 1930s Depression Era

Authored by John Coumarianos, originally posted at MarketWatch.com,

One view of what caused the Great Depression in the 1930s is that the Federal Reserve failed to prevent a collapse in the money supply.

This is the famous thesis of Milton Friedman’s and Anna Schwartz’s A Monetary History of the United States, 1867-1960, and it was, more or less, the view of Ben Bernanke when he was chairman of the Federal Reserve.

The global economy today resembles that of the 1930s in several ominous ways.

The US Economy Has Not Recovered And Will Not Recover

Authored by Paul Craig Roberts,

The US economy died when middle class jobs were offshored and when the financial system was deregulated.

Jobs offshoring benefitted Wall Street, corporate executives, and shareholders, because lower labor and compliance costs resulted in higher profits. These profits flowed through to shareholders in the form of capital gains and to executives in the form of “performance bonuses.” Wall Street benefitted from the bull market generated by higher profits.

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