Author: Michael Snyder

Major Problems Announced At One Of The Largest Too Big To Fail Banks In The United States

Major Problems Announced At One Of The Largest Too Big To Fail Banks In The United States

Do you remember when our politicians promised to do something about the “too big to fail” banks?  Well, they didn’t, and now the chickens are coming home to roost.  On Thursday, it was announced that one of those “too big...

The Percentage Of Working Age Men That Do Not Have A Job Is Similar To The Great Depression

The Percentage Of Working Age Men That Do Not Have A Job Is Similar To The Great Depression

Why are so many men in their prime working years unemployed?  The Obama administration would have us believe that unemployment is low in this country, but that is not true at all.  In fact, one author quoted by NPR says that “it’s...

Millions of Americans are Angry, Bitter, Confused and Frustrated

Millions of Americans are Angry, Bitter, Confused and Frustrated

Thanks to Colin Kaepernick, the playing of the national anthem before a sporting event is never going to be the same again. At first there was a vicious backlash against Kaepernick for refusing to stand for the national anthem, but...

The One Trillion Dollar Consumer Auto Loan Bubble Is Beginning To Burst

The One Trillion Dollar Consumer Auto Loan Bubble Is Beginning To Burst

Do you remember the subprime mortgage meltdown from the last financial crisis?  Well, this time around we are facing a subprime auto loan meltdown.  In recent years, auto lenders have become more and more aggressive, and they have been increasingly...

From An Industrial Economy To A Paper Economy – The Stunning Decline Of Manufacturing In America

From An Industrial Economy To A Paper Economy – The Stunning Decline Of Manufacturing In America

Why does it seem like almost everything is made in China these days?  Yesterday I was looking at some pencils that we had laying around the house and I noticed that they had been manufactured in China.  I remarked to...

Burning Man: America’s Largest Occult Festival Is A Celebration Of Weirdness And Hedonism

Burning Man: America’s Largest Occult Festival Is A Celebration Of Weirdness And Hedonism

TDC Note – Burning Man is the commercial version (requires lots of cash) of the Rainbow Family of Living Light‘s annual Rainbow Gathering (requires zero cash). Having personally attended 2 national gatherings and 2 regional (much smaller) gatherings, these events have...

Drudge: ‘HOMELAND SECURITY TO TAKE CHARGE OF ELECTIONS’

Why does the Department of Homeland Security all of a sudden want to oversee security for the election in November? Just a little while ago I checked the Drudge Report, and I was greeted by the following headline all in...

Winds Of War: Is Russia Conducting A Massive Mobilization Of Troops For An Invasion Of Ukraine?

Winds Of War: Is Russia Conducting A Massive Mobilization Of Troops For An Invasion Of Ukraine?

The drumbeats of war are growing louder.  Fighting in eastern Ukraine between separatists and pro-government forces has risen to an intensity not seen in well over a year, and the Russians claim that they recently foiled a “Ukrainian plot” to...