Showing posts with label The Ring of Fire. Show all posts
Showing posts with label The Ring of Fire. Show all posts

May 09, 2020

Wealthy Americans Have Made Billions During the Pandemic


Even though millions of Americans are now without work and the economy is crashing down, the wealthiest Americans have made billions of dollars during the pandemic. They aren't suffering one bit, and in fact are doing better than ever. This is what our system was designed to do, and this is just one of many reasons why the current system is not sustainable. Ring of Fire's Farron Cousins discusses this.

May 11, 2019

As Trump Brags of Booming Economy Half of Americans Will Retire with Nothing


News about how great the economy is doing is being shoved into our faces nearly every day, especially by members of the Trump administration. But the truth is that the economy is not doing better than ever and American workers are actually struggling more than ever. Once you dig past the numbers on the surface you begin to see just how bad things actually are for a majority of Americans, and most of them don’t think that the economy is “surging” at all. Ring of Fire’s Farron Cousins discusses this.

January 29, 2019

Wall Streeters Freak Out as Public Demands Higher Taxes on the Élite


Wall Street traders, hedge fund managers, and virtually the entire crop of people who devoted their lives to chasing dollars are freaking out right now as they have no one to turn to in order to preserve their corrupt ways. They can’t rely on Republicans because their policies (like the government shutdown) have harmed their profits, but the Democrats and the public are calling for higher taxes on the wealthy. Wall Street is finally starting to feel the same kind of squeeze that they have put on the public for decades. Ring of Fire’s Farron Cousins discusses this.

December 01, 2018

The US Senate Has Left Us Vulnerable to the Big Bank Criminals


The Senate passed legislation that's gonna repeal protections that had been put in place with the Dodd Frank Act. Ring of Fire’s Mike Papantonio and Peter Mougey discuss this issue.

August 01, 2018

While Corporations Enjoy Their Tax Cuts, American Workers Are Losing Everything


On the surface, the US economy appears to be doing quite well right now, though most credible economists have been warning us for months that things are about to come crashing down. And one of the reasons for this impending crash is the fact that American workers are getting less pay, fewer benefits, and NOW Americans could see dramatic cuts to programs like Medicare, Medicaid, and Social Security. Those cuts are coming at the same time that the Trump administration is trying to unilaterally cut taxes AGAIN for the wealthy. Ring of Fire’s Farron Cousins discusses this.

July 17, 2018

Another Way Trump Is Tanking The US Economy That Nobody Mentions


Donald Trump has managed to attack the US economy in ways that he doesn’t even realize, the latest revelation being that his presidency and the resulting anti-US sentiments across the globe have reduced foreign investment into the United States by 32%. That’s a significant loss in investment, and those numbers are expected to climb even higher with Trump’s trade wars and derogatory comments about other world leaders. Ring of Fire’s Farron Cousins discusses this.