The economy is much worse than official data shows

“The Great Recession may have officially ended in June of 2009 (according to the National Bureau of Economic Research), but many Americans are still extremely pessimistic about the economy. That’s the conclusion of a national survey conducted by the John J. Heldrich Center for Workforce Development at Rutgers University.

Nearly 1,100 employed and unemployed Americans participated in the survey from Jan. 9 to Jan. 16. The survey’s lead researcher Mark Szeltner joined The Daily Ticker to discuss the data and what it reveals about the national psyche.”

Here is a direct video link.

psst America: stop wasting precious time and capital re-inflating asset bubbles and rescuing bankers and double down on revolutionizing the way you produce and consume energy and you will find your way to the next boom of prosperity and leadership in the world. Yes you can.

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Basic central banking explained

12-year old Victoria Grant explains why her homeland, Canada, and most of the world, is in debt. April 27, 2012 at the Public Banking in America Conference, Philadelphia, PA. Here is a direct link.

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Snowed in

We made it to the office today, but it took some digging to get to the door. City streets were cleaned but are now filing in fast; sidewalks are MIA. It looks like we will have to dig our way back out again at the end of the day. This is the winter weather I remember from my childhood. A charity gala tonight had to be cancelled, but the alternative plan is better: snowshoeing our way to a stormed-in-potluck party with friends. Good Canadian fun. To those of you who have to travel today…take good care. Twin winter storms bring record snowfall.

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