Tuesday, September 23rd, 2014

Economy and Finance

Rigged Gold Price Distorts Perception of Economic Reality — Paul Craig Roberts and Dave Kranzler

Tuesday, September 23rd, 2014

When that day arrives, US living standards, already endangered, will plummet. American power will have been destroyed by corporate greed and the Fed’s policy of sacrificing the US economy in order to save four or five mega-banks.

This Is About As Good As Things Are Going To Get For The Middle Class – And It’s Not That Good

Monday, September 22nd, 2014

The next great wave of financial trouble is rapidly approaching, and once it strikes things are going to get substantially worse for the middle class.

Scam Alert: Hospitals All Over America Are Wildly Inflating Medical Bills

Monday, September 22nd, 2014

The next time you visit a hospital, it is your wallet that may end up hurting the most. All over the United States, it has become common practice for hospitals to wildly inflate medical bills.

The Dow And S&P 500 Soar To Irrational Heights – Meanwhile The Ultra-Wealthy Rush To Buy Gold Bars

Friday, September 19th, 2014

Did you know that the number of gold bars being purchased by ultra-wealthy individuals has increased by 243 percent so far this year?

I Know — Let’s Screw Some More Poor People!

Tuesday, September 16th, 2014

Education is a good thing — but not if it comes at the expense of living in a refrigerator box.

A Visual History: How Much $1 Used To Get You (And How Much It Gets You Now)

Tuesday, September 16th, 2014

We know the dollar has lost some 97% of its value since the Fed took over. But it’s hard to actually grasp this destruction of value without some examples.

Medical debts outweigh emergency savings for 25 percent of Americans

Monday, September 15th, 2014

Wasn’t health insurance supposed to insure people, not incite fear and worry?

The U.S. National Debt Has Grown By More Than A Trillion Dollars In The Last 12 Months

Monday, September 15th, 2014

The idea that the Obama administration has the budget deficit under control is a complete and total lie.

VIDEO: Debt – There’s Just Too Damn Much Of It

Sunday, September 14th, 2014

We have taken too much of it on, too fast, in too many markets around the world, to have any hope of making good on it.

The Hidden Value of Gardens

Saturday, September 13th, 2014

Much of the community economy is invisible to market discovery of price/value.

Vote YES On Scottish Independence – Scotland Finally Has A Chance To Get Free From The British

Friday, September 12th, 2014

Scottish voters finally have the opportunity to fulfill William Wallace’s dream of a Scotland that is free and independent of England forever.

Sen. Harry Reid: When the President Acts on Immigration, I Hope He Goes ‘Real Big’

Thursday, September 11th, 2014

“In effect, the entire Senate Democratic conference has surrendered the jobs, wages, and livelihoods of their constituents to a group of special interests meeting in secret at the White House.”

Our Bubble Economy Is On Its Last Gasp

Thursday, September 11th, 2014

At this point there is a 100% probability that the system will crash. The only question left to ask is, when?

Why Has Classical Capitalism Devolved to Crony-Capitalism?

Thursday, September 11th, 2014

Here is the quote that perfectly captures our era: “People of privilege will always risk their complete destruction rather than surrender any material part of their advantage.”

Banks Warn: “Vote No For Scottish Independence, Or Be Damned”

Thursday, September 11th, 2014

As the race between aye- and naysayers intensifies in the run up to September 18, banks and politicians alike are resorting to increasingly desperate attempts to sway the Scottish vote in favor of the status quo.

Exposing Open Fraud

Thursday, September 11th, 2014

As a public pensioner, what would you do if I told you that, indirectly, you are responsible for most of the problems in the world, from hunger to depression to war?

Time Is Getting A Wee Bit Short

Tuesday, September 9th, 2014

Exponential functions are funny things. They always appear to be harmless and the consequences outliers when they begin, but math tells us that’s never true.

No Economy For Americans

Tuesday, September 9th, 2014

The Dow Jones stock average closed Friday at 17,137, despite the fact that the payroll jobs report was a measly 125,000 new jobs for August, an insufficient amount to keep up with the growth in the working age population.

Small Business Ownership In America Is At An All-Time Low

Monday, September 8th, 2014

According to the Federal Reserve, the percentage of American families that own a small business is at the lowest level that has ever been recorded.

If The Economy Is Recovering, Why Is The Labor Force Participation Rate At A 36 Year Low?

Monday, September 8th, 2014

Should we be concerned that the percentage of Americans that are either working or looking for work is the lowest that it has been in 36 years?

Stocks Have Reached a Permanently High Plateau

Monday, September 8th, 2014

Permanently high plateau has such a nice ring to it, doesn’t it?

Report: It’s YOUR Fault: Fed Says Americans Who “Hoard Money” Are To Blame For Poor Economy

Sunday, September 7th, 2014

No, according to the Fed it is your fault. Apparently, you are not spending enough money. In order for the economy to recover you need to stop hoarding cash now and get out there and start buying more homes, cars, vacations, and electronics. Otherwise, you’ll only have yourself to blame when the system comes unhinged.

On The Brink Of A Major Crisis: “This Will Be A Literal Collapse of the Entire Global Monetary System”

Sunday, September 7th, 2014

When it happens only those who own physical assets not dependent on the U.S. dollar will maintain any semblance of wealth. Everyone else will be, almost instantaneously, relegated to third world status.

Here’s Why the Market Could Crash–Not in Two Years, But Now

Friday, September 5th, 2014

Why not crash now? After all, all the good news is known and priced in, and all the bad news has been fully discounted. Why shouldn’t global stock markets crash big and crash hard, not in two years but right now?

The American Bankers Association and the Quiet War on Students

Friday, September 5th, 2014

So far very little legislation has been passed to aid students in paying back their loans, and many blame politicians. However, the situation goes deeper than this and lies, in part, with a little-known institution called the American Bankers Association.

Latest Study into the Possibility of Megadroughts Ignores Much of the Real Science of Climate Change

Friday, September 5th, 2014

If you notice governments stopped referring to global warming some considerable time ago, they had to because they knew the planet was not warming, hence, the term climate change was born.

Billionaires Are All Quietly Preparing For The Plunge

Friday, September 5th, 2014

“I don’t remember any time in my career where there have been as many wildcards floating out there that have the potential to be very significant and alter people’s thinking,”

Most People Don’t Believe It, But We Are Right On Schedule For The Next Financial Crash

Friday, September 5th, 2014

The truth is that we are right on schedule for the next great financial crash. You can choose to ignore the warnings if you would like, but ultimately time will reveal who was right and who was wrong.

Setting Brushfires

Thursday, September 4th, 2014

America seems to be stuck in a nightmare of the their own making, denial. Unfortunately, most do not realize what is happening or that anything is out of balance.

The Seven Year Cycle Of Economic Crashes That Everyone Is Talking About

Wednesday, September 3rd, 2014

Large numbers of people believe that an economic crash is coming next year based on a seven year cycle of economic crashes that goes all the way back to the Great Depression.

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