T-Dub sends in this quiz:
The start of growth in income inequality coincides with what historical event?
ANSWER: dbbeebs and DooDoo Economics nailed it. In 1971, President Nixon, an admitted Keynesophile, took the dollar off the gold standard and turned it into a pure fiat currency managed by the propeller-heads at the Dirty Fed.
For more on how Fed money-printing creates asset inflation for the rich and food and energy inflation for the poor, please see January 2011's Government-sponsored income inequality in the U.S.
P.S. Note that the exact same time is when commodities went Full Retard and hourly wages decoupled from productivity.
Gothamist : A 58-year-old taxi driver killed himself in his Queens home this month, marking the eight suicide in the taxi industry this yea...
Thanks, CNN and NY Times, for working these nutjobs into such a lather. OpenSecrets.org on Judy Munro-Leighton,the woman who admitted lyi...
I'm a huge Ric Edelman fan. I'm a regular listener of his radio show and believe he's made a huge positive contribution to the f...