US corporations destroying America

US corporations destroying America


Corporate America has convinced many in Washington that what is good for them is good for America. Naturally, a tax cut would be in line for them in order to keep pace with countries like China, the same countries these corporations outsource jobs too. The Market Ticker's Karl Denninger says shuffling the deck around doesn't change the problem. When you offshore labor, you can effectively hire slaves in places like China and put your production in places where they don't care if you put your toxic waste in the water.

Austerity coming to America

Austerity coming to America


The 2009 stimulus plan was supposed to get the US economy back on track, however almost one year after Congress passed the Recovery Act the US is still struggling to get its finances back on track. While Wall Street is back to normal, everyday Americans are seeing high numbers of unemployment and home foreclosures. As the stimulus fails, could the US see European style austerity measures?

Tea Party founder: "Tea Party is a joke"

Tea Party founder: "Tea Party is a joke"


The Tea Party began as a movement to take back the United States from corrupt politicians. The Tea Party movement has been hijacked by Republicans and is now all about guns, gods and gays. Karl Denninger of The Market Ticker was one of the original founders of the Tea Party and calls the direction of the group an absolute joke.