- BLOGFEST 2005!
  Because sometimes we're just
too lazy to write a real article...
  by Ken Shade

Message Board
     -  Editor's Corner
     -  Blogfest 2005
     -  Commentary
     -  Commentary Too
     -  Down The Middle
     -  Faulking Around
     -  Global Warning
     -  This guy walks into a bar...
     -  Investing 101
     -  Faulking Opinions
     -  Off The Rail
     -  Words

Search the Faulking Truth:

Overstock.com, Inc.

  Featured Column: Commentary  -  Dec. 7, 2013
- Overcoming Poverty is an Act of Justice
   by Mark Faulk

Yesterday I went to Oklahoma City’s version of the National Day for Fair Pay protest, held on the corner of N.W. 23rd Street and Broadway, a street corner nestled between I-235 and McDonalds. Next door to that is Ace Cash Express, where all you need is a job and an income of at least $1000 a month to borrow money at an exorbitant interest rate. Like most things involving money, if you’re broke, you pay more. Even in Oklahoma City, where the cost of living is 14.5% below the national average, $1000 won’t come close to getting you through the month.

According to the Massachusetts Institute of Technology’s (MIT) “Living Wage Calculator”, workers would have to earn $8.19 an hour just to survive in Oklahoma County, nearly a dollar above the current minimum wage. That is, assuming you never eat out, never do anything recreational that costs money, never miss a day of work, and never have a sick child or any other medical emergency. And god forbid your 15-year-old car should ever break down.

Another source, universallivingwage.org, lists a more realistic living wage of $10.17 per hour just to live in a “0 bedroom apartment” in Oklahoma City. If you’d like your apartment or house to have an actual bedroom, you’ll have to earn a minimum of $11.10. That’s a full $3.85 above the current national (and Oklahoma’s) minimum wage.

So on December 5th, while CNBC pundits debated the merit of a person who works a full 40-hour week being able to actually survive; referring to it as another Washington giveaway, thousands of protesters across America took to the streets. Waving signs that said “We are worth more” and “Fight for 15”, they set up near stores and fast food restaurants that are notorious for underpaying their employees, simply because it’s legal and they don’t care.    

While corporations like Wal-Mart and McDonalds rake in massive profits, taxpayers subsidize the working poor through food stamps and other welfare programs. To put it in perspective, the four members of the Walton family are worth $100 billion, more than all of the Wal-Mart workers in the entire world combined. In the meantime, minimum wage workers at Wal-Mart and at the McDonalds on N.W. 23rd and Broadway in Oklahoma City would have to go next door to the payday loan shark just to make it through... more

  Featured Column: Faulking Around  -  Feb 23, 2012
- Republican Debate Turns Ugly
   by Mark Faulk

A quick video summary of the Republican debates last night. Enjoy:

  Featured Column: Investing 101  -  Jul 31, 2011
- A Seven Step Plan to Save America (Part 1)
   by Mark Faulk

    Welcome to the new age of politics, where a handful of corporate shills elected under the guise of responsible government can hold the entire country hostage under the threat of collapsing the economy. It’s “Give us what we want or we’ll bring down the entire world: the sequel.” First we break the bank bailing out Wall Street, giving tax breaks to the ultra-wealthy, and financing unwinnable wars. And now, it’s payback time.

    It seems our country’s lawmakers have finally come to an agreement on how many poor, elderly, students, and disabled will be sacrificed in the name of surrender to the ruling class. According to the Associated Press, the agreement will mean that states will lose federal funding over the next decade for, among other things, the Head Start school readiness program, Meals on Wheels, worker training initiatives, transit agencies, and education grants that serve disabled children.
... more


“Corporations are people too, my friend.” ~ Mitt Romney - "If corporations are people, then Mitt Romney is a mass murderer. ~ Mark Faulk

KEN’S QUOTE OF THE DAY IS BACK. Read it every day, live by it.

Check out Mark Faulk's articles at FinancialWire.net


NOW AVAILABLE FOR ONLY $14.82!!! (that's 45% off the list price)!!! The Naked Truth: Investing in the Stock Play of a Lifetime Order at www.thenakedtruthbook.com

TV interview with Mark Faulk on Business Beat Live

Contact us or send us your Faulking Opinion at faulkingtruth@gmail.com

Faulking Truth on Twitter: The only reason Pat Robertson knows that Haiti made a pact with the Devil is because Pat Robertson IS the Devil. True story.
The Faulking Truth on CFRN
Fridays 10:00-11:30am EST
Join our mailing list:
Stockgate mailing list:
Latest Articles
Investing 101 - Jul 31, 2011
   A Seven Step Plan to Save America (Part 1)
   by Mark Faulk

    Welcome to the new age of politics, where a handful of corporate shills elected under the guise of responsible government can hold the entire country hostage under the threat of collapsing the economy. It’s “Give us what we want or we’ll bring down... more

Commentary - Dec. 7, 2013
   Overcoming Poverty is an Act of Justice
   by Mark Faulk

    80% is more than just a majority, it is not even a mandate, it’s enough to start a workers’ revolution. Vote out every politician at every level who doesn’t support a living wage. Demand that your city and state enact a living wage, and demand that... more

Global Warning - Dec 22, 2011
   IT’S A BIRD! IT’S A PLANE! IT’S… Hell, I don’t know what it is!
   by Robin Buckallew

    In poll after poll, global warming (or any other environmental issue) fails to show up as a concern of the public at all. Polls show also that the percentage of the public who accept that the data shows the globe is warming and that humans are... more

Blogfest 2005 - Feb 13, 2012
   Carrot or Stick?
   by Dorrit

    My idea is this: we stop locking people up for the crimes they commit. Instead, we pay those people who haven’t committed crimes for not committing them! It’s simple, it’s brilliant, and I just know it will work... more

This guy walks into a bar and says... - Apr 2, 2010
   Boy, Do I Like CafePress!
   by Ken Shade

    When I searched "Democrat," I discovered at roughly half of the results were nasty comments about Democrats. When I searched "Republican," only about five percent of them were nasty comments about Republicans. Many of the nasty comments... more

Down The Middle - July 6, 2007
   A Splendid Little War
   by Down The Middle

    The USS Enterprise, along with it’s strike group of Aegis cruisers, destroyers, frigates and at least one nuclear, fast-attack submarine... more
Commentary Too - Mar 28, 2012
   Religious Freedom...or Religious Farce
   by S.K. Eleton

    Religious freedom is a flashpoint, a talking point, a slogan, and, in some cases, a manipulative hustle... more
Faulking Around - Feb 23, 2012
   Republican Debate Turns Ugly
   by Mark Faulk

    A quick video summary of the Republican debates last night... more
Faulking Opinions - Nov 10, 2011
   Occupying OKC
   by Mark Faulk

    The small group of tents that line Kerr Park in downtown Oklahoma City are not the... more
Off The Rail - Nov 12, 2006
   Hindsight Hell, Truthiness, and the 80 Percent Solution
   by Mike Bohling

    The word “Truthiness” is credited to Stephen Colbert, who defined it as “truth that... more
Editor's Corner - Oct 14, 2011
   by Mark Faulk

      A six year retrospective on financial fraud (hit "refresh" to show more articles)
 Mark Faulk - Oct 29, 2008
The Goldman Gang
    Their influence in the market and on our economic policies is undeniable, and even their competitors are... more
 Mark Faulk - Oct 7, 2009
Will the SEC Finally Help Investors?
    Goldman Sachs held true to form by reciting talking points taken directly from a pamphlet that had been... more
 Mark Faulk - Mar 8, 2010
A Blueprint for Corruption
    The details might differ from one scam to another, but the basic strategy is always the same. Stock fraud is... more
 Mark Faulk - Apr 18, 2010
The Goldman Gang Rides Again: Short Selling the World
    The civil charges filed by the SEC against Goldman Sachs last Friday were a good start, but it was only a... more

All materials Copyright 2004-2006 FaulkingTruth.com
All Rights Reserved  -  E-mail Webmaster