Nov 17 14:31

Car loans reach $1 trillion for the first time

Car buyers now owe $1 trillion on their car loans, the first time they've ever owed that much.

Nov 17 13:21


A recent report by journalist Glenn Greenwald pointed out stock prices for weapons manufacturers sharply increased just after the terrorist attacks in Paris last week. Greenwald was following the tip of Brooklyn journalistAaron Cantú, who posted screenshots for the recent stock performances of major weapons contractors

Nov 17 11:40

To France from a Post-9/11 America: Lessons We Learned Too Late

the terrorists in our government won on 9/11 and in all the years since

Nov 17 09:23

US Industrial Production Growth Slumps To Weakest Since January 2010

Following September's 0.2% MoM drop, October's Industrial Production dropped a further 0.2% (missing expectations of a 0.1% rise by a mile). This is the 9th MoM drop in the 10 months of this year. Utilities (-2.5%) and Mining (-1.5%) were big drivers, as year-over-year, IP rose just 0.34% - the weakest growth since January 2010 - is flashing recessionary signals loud and clear.

Nov 17 09:09


GREENSPAN: I will wait to see what the numbers look like.

HOLLINGS: Well, the truth is...ah, shoot, well, we all know there's Washington's math problem. Alan Sloan in this past week's Newsweek says he spends 150%. What we've been doing, Mr. Chairman, in all reality, is taken a hundred billion out of the Social Security Trust Fund, transferring it over to the spending column, and spending it. Our friends to the left here are getting their tax cuts, we getting our spending increases, and hollering surplus, surplus, and balanced budget, and balanced budget plans when we continue to spend a hundred billion more than we take in.

Webmaster's Commentary: 

Daily we see articles about how Social Security is running out of money. That is because the cash build-up for the baby-boomers was "borrowed" and replaced with Treasury Bonds the US Government cannot redeem, in effect defaulting on the US workers whose money it is. It is good this election season to remember just which president did this to us!

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WRH Exclusive
Nov 17 08:35

Remember: First Thing the US grabbed after the toppling of Saddam Hussein in Iraq…

Nov 17 07:33

EU lifts Syria oil embargo to bolster rebels

The European Union on Monday lifted its oil embargo on Syria to provide more economic support to the forces fighting to oust President Bashar Assad's regime.

Webmaster's Commentary: 

So terrorists supposedly attack Paris and the EU decides it's okay to buy oil and gas from them now?!?

Nov 17 07:23

'More suicides' in government disability test areas

Oxford and Liverpool researchers looked at 2010-13 data and also found the Work Capability Assessments could be linked to a rise in mental health problems.

The study found the areas with most WCAs showed the sharpest increases.

Nov 16 17:30

3 of The Worst TPP Clauses Explained in Plain English

great ideas don't require force, fraud, or secrecy to spread

Nov 16 16:06

Putin set a condition: Warranty and assistance

ANTALYA - Russian President Vladimir Putin said that Moscow had submitted a bid for the restructuring of the Ukrainian debt.

Putin said the official Kiev will accept an annual debt service of a billion dollars for a period of three years, provided that the West provide guarantees, according to Reuters.

Putin, speaking to reporters on the sidelines of the Group of 20 (G20) in the Turkish resort of Antalya, said that Russia provided Ukraine bid that is "better" than what is suggested by the International Monetary Fund (IMF).

"Moscow has made a proposal to try to ensure the full debt service and that would not lead Ukraine in a difficult situation," Putin said, adding that since the Western partners and the IMF sought to guarantee the repayment of debt.

"If the West can give no guarantees, it means he does not believe in the future of the Ukrainian economy," Putin said, adding that this issue should be resolved by December.

Nov 16 15:21

Experts say states lack legal authority to block refugees

This story needs some nice comments!

DETROIT (AP) — Several U.S. governors have threatened to stop accepting Syrian refugees following last week's attacks in Paris, even as experts counter they lack legal authority to block the relocations.

Nov 16 13:55

Stock Prices of Weapons Manufacturers Soaring Since Paris Attack

The Paris attacks took place on Friday night. Since then, France’s president has vowed “war” on ISIS and today significantly escalated the country’s bombing campaign in Syria (France has been bombing ISIS in Iraq since last January, and began bombing them in Syria in September).

Already this morning, as Aaron Cantú noticed, the stocks of the leading weapons manufacturers – what is usually referred to as the “defense industry” – have soared:

Webmaster's Commentary: 

War is good business ... for the makers of war!

Nov 16 11:21

Warning: The S&P 500 Is NOT in Good Shape

Nov 16 10:48

Empire State Manufacturing Index Drops Again—-November Far Worse Than Expected

The Empire State Manufacturing index dropped yet again, down -10.74% in November. Economists expected a drop of -6.50%.

Nov 16 09:25

FLASHBACK: Extraordinary Times, Intentional Collapse, & Takedown Of The U.S.A

This great article from Richard Cook is more relevant than ever.

Much has been written about whether a worldwide plan exists to control events and steer them in the direction profitable to an elite of the rich and powerful. Is this a “conspiracy theory”? While it is difficult to be specific about who exactly may be behind such a conspiracy, if it exists, it is at least clear that the privately-managed system of global financial capitalism gives ample opportunity for the world’s richest people to combine for their mutual benefit. Further, global financial capitalism itself is based on the monopolization of money-creation by a world banking system that is largely privately owned, even while working through the central banks of the largest and most prosperous nations. This article postulates the existence of a coordinated and longstanding matrix set up by the controllers of money to dominate the movements of history. The article focuses particularly on what seems to have been an attack that has been going on for over a century against the independence of the nations of Russia and the U.S.

Nov 16 08:49

The US Department of Education made around 51 Billion dollars in profit off of government student loans, equivalent to the profit of JPMorgan Chase, Bank of America, Citigroup and Wells Fargo combined

Student loan debt is now one of the Obama Administration's biggest cash cows. The government is poised to pocket a record $51 billion profit from federal student loan borrowers this year, according to a report by the Congressional Budget Office. That's roughly 40% higher than the CBO's original forecast in February, $35.5 billion.

Nov 16 07:11

Storm on the Horizon: Does Soros Want to Inflame Revolution in Europe?

George Soros, a Hungarian-born American business magnate, apparently despises the idea of national sovereignty, considering it an obstacle to his new "open borders" agenda.

Nov 16 05:26

Meet The Family That Just Spent Half Its Annual Income Paying For Obamacare

It turns out that Obamacare's "affordable care" is affordable, as long as one doesn't actually have to use it! Here is what happens when one does.

Nov 15 23:42

French Colonisers Have Not Accepted The Loss Of Their Colony

More than 70 years has passed and the grandson of this Nur-Eddin – Mouaz al-Khatib, a former preacher at the Umayyad mosque in Damascus and now a deserter and traitor – has been elected head of the “Qatar Coalition” which was created on 11 November at a meeting in Doha.

France has shown its gratitude to the third-generation collaborator al-Khatib, whose grandfather collaborated with the colonisers, for his faithful service. Namely the former colonial power has been the first to recognise the “Qatar Coalition” as a legitimate representative of the Syrian people. It is no surprise that the flag of the “opposition” – green, white and black with three stars – is the same as the flag from the time when Syria was under French mandate.

Nov 15 23:38

French Colonial Dreams Linger On In Syria

When British troops under Marshal Allenby entered Damascus in 1918 accompanied by troops of the Arab Revolt led by Sharif Faisal of the Hussein of Mecca dynasty, French-British rivalry in the Middle East was already running at extreme highs. They were in no way resolved by the San Remo conference of April 1920 where the post-World War Allied Supreme Council met. It was attended by the four main non-US Allied Powers of World War I, represented by the prime ministers of Britain, France, Italy and by Japan's Ambassador K. Matsui.

This was the most important “turf war meeting” to divide up Class "A" League of Nations mandates for administering the former Ottoman-ruled lands of the Middle East. US participation was observer-only due to American deciders already setting apart the future Saudi Arabia as the USA's exclusive national zone of influence.

Nov 15 22:26

$15 Minimum Wage Approved in Los Angeles

The Los Angeles city council tentatively approved a $15 minimum wage at it’s meeting Wednesday. The wage will be increased up to $15 an hour by 2020.

Nov 15 17:04

Tesla Stats: Profit Margin

Nov 15 16:28

Blame The Calendar

Nov 15 15:52

Global Banks Carve Up the World Ahead of COP21 Paris

By Rusticus

As individuals and Nations alike wait in anticipation for COP21 less than a month from now, described as the United Nations’ “legally binding and universal” update to the ever-deleterious Agenda 21, banksters at the supranational level have shown little hesitation in offering their seemingly sage opinions on how their usurious reserves will be put to use in enacting this “Global Sustainable New Deal.”

From veterans of monetary Technocracy like the IMF and World Bank to the “New Kids on the Trading Bloc” represented by the BRICS and AIIB, monetary institutions around the world are poised to receive their slice of the sustainable pie – at the expense of what little freedom and financial security the individual still retains...

Nov 15 14:13

Banks Still Slapping Bankers With ATM Fee’s

Pesky ATM fees have not gone away and look like they are on the rise as of late.

Nov 15 14:09

Newport Beach, Calif., is the Priciest Housing Market in Nation

When it comes to affordable housing for the average person, Newport Beach, Calif., is not the place to be.

Nov 15 14:05

Oil Prices Expected to Rise

By 2020 oil is expected to increase to $50 to $80 per barrel .

Nov 15 11:23

China Secures Zimbabwean Resources

Nov 15 11:03

13/11 Paris Massacre: Cui Bono?

They picked a mix of heavily symbolic venues. You have a France-German match witnessed by the President in a stadium where all barriers – ethnic, religious – dissolve, a true symbol of multiculturalism. You have a gig by an American band in a concert hall filled with young people. You have your average, cool, neighborhood cafés in the 10eme and 11eme, young, hip, secular, bobo Paris hoods.

This points to a calibrated conceptual spectrum – carefully mapped out by French insiders; perhaps those “Syraq” returnees. This also points to a monumental fail by French intel and the Ministry of Interior.

Timing: crucial. Just as the US/Brits announce they “may” have evaporated with Jihad John. And a few hours before the Vienna talks are supposed to come up with an official Top Ten terrorist list in Syria.

Nov 15 10:55

Living The New American Dream

Nov 15 10:39

Another Brutal Monday

Nov 15 10:34

BRICS New Development Bank to finance its first renewable energy project — Indian PM

The New Development Bank of the BRICS (an association of Brazil, Russia, India, China and South Africa) is to finance its first project in the sphere of renewable energy, India’s Prime Minister Narendra Modi said on Sunday at a meeting of the BRICS leaders on the sidelines of the Group of Twenty summit in Turkey’s Antalya.

Nov 15 10:31

Amazon Still Thriving on the Gift of Free Shipping

Even with the average price of a Prime membership being $99, Amazon is still attracting customers with their two-day free shipping option.

Nov 15 10:29

Students Can Now Avoid Credit Card Temptations Better

Credit card companies can no longer lure college kids into a life of debt with new regulations.

Nov 15 10:27

Motorists May Soon See Decline in Oil Change Prices

Vehicle owners maybe able to keep a few extra dollars in their pockets according to a new oil change study.

Nov 15 10:25

Student Loan Debt Increases by More Than Half in Ten Years

The debt awaiting college graduates has grown by 56% in the last decade according to a recent report.

Nov 15 10:23

Former UPS Employees Preparing for Pension Cuts

More than 8,000 former delivery workers may see pension cuts happen as early as next summer.

Nov 15 10:20

CEO Raises Employee Minimum Salary to $70,000

Earlier this year Dan Price, CEO of Gravity Payments, became widely known for reducing his own salary so he could pay his employees no less then $70,000 per year.

Nov 15 10:11

Hoostsuite Makes Some Financial Changes and Hires a New CFO

In October, Hootsuite, the popular social media management platform, hired Sujeet Kini as its new CFO. The company’s new finance chief moves over from Open Text, Canada’s largest publicly traded software company.

Nov 15 09:37

Time Is Running Out For Pax Americana

The paradox of the current global crisis is that for the last five years, all relatively responsible and independent nations have made tremendous efforts to save the United States from the financial, economic, military, and political disaster that looms ahead. And this is all despite Washington’s equally systematic moves to destabilize the world order, rightly known as the Pax Americana.

Nov 15 09:24

The Class War Has Already Started

Nov 15 08:45

About 38% Of All The COMEX Gold In Hong Kong Left The Warehouses Yesterday

Roughly 21 tonnes, or 685,652 troy ounces of gold in .999 fine kilo bars, was withdrawn, net of a small deposit of 27,328 ounces, from the Brinks warehouse in Hong Kong yesterday. To put that into some perspective, that is the same amount of all gold in the entire JPM warehouse in the US. The point of this is that the price discovery in New York is becoming increasingly distinct from the actual physical supply and demand flows of bullion which are taking place in Asia... And that is a potentially dangerous development, especially with respect to a commodity that is being traded at a leverage in excess of 200:1.

Nov 15 08:44

In Oregon There Are Now More Marijuana Shops Than Starbucks Or McDonalds

Marijuana is quickly becoming a very important part of the economy and of pop culture.

Nov 15 08:41

IMF Greenlights Addition Of Chinese Yuan To SDR Basket: Wall Street Responds

While the world was following the tragic events unfolding on Friday night in France where hundreds of innocent civilians were killed or injured, an important economic development took place at the IMF, whose staff and head Christine Lagarde, officially greenlighted the acceptance of China's currency - the Renminbi, or Yuan - into the IMF's foreign exchange basket, also known as the Special Drawing Rights.

Nov 15 07:34

IMF’s Lagarde Anoints Chinese Yuan. Will it Now Demolish the “Dollar Hegemony?”

IMF boss Christine Lagarde is gung-ho about it. IMF staff is too. The Executive Board will consider it on November 30 and in all likelihood approve it. It will take effect in October 2016. Then it’s a done deal: the Chinese yuan will be added to the IMF’s currency basket, the Special Drawing Rights (SDR). A step toward becoming a major global reserve currency.

Nov 15 06:21

The Flood of Refugees into Europe: “The New Slave Trade”

The flood of refugees entering Europe is endless. Nobody knows exactly how many there are and where they go and went. This year, 2015, up to November, estimates vary from the low of 750,000 to a high of 2 million. Most of them went to Germany, or want to go to Germany. Up to a million, perhaps more may end up in Germany by the end of this year. For 2016 predictions are for up to 2 million. They are the direct results of the Washington-NATO driven wars and conflicts in the Middle East which keep raging on; creating chaos. Complete deliberate and manmade chaos.

Nov 15 03:08

Abiotic Oil Formation

The AOF theory has been championed for a number of reasons, but many current proponents point to the presence of methane on comets, meteors, and other lifeless planets as evidence that organic material is not needed to produce petroleum. Other supporters point to other clues about the origins of oil such as the distribution of metals in oil, the association of hydrocarbons with helium, and the presence of oil deposits in large-scale structures rather than patchy sedimentary deposits. These, proponents claim, are all reasons to believe that oil does not come from plant and animal matter, but rather from some natural chemical process involving inorganic materials.

In the end, science will settle the debate, but what science gets funded is directly related to which politicians are in power and who is footing the bill. At some point we will know the definitive answers to questions about the origin of oil and to questions about the impact of CO2 on the environment.

Nov 14 16:11

Has The Post-Crash Rally Run Its Course?

Nov 14 12:15

Gold And Silver – Sellers Remain In Control

Nov 14 09:43

The Ultimate Global Collapse Indicator

Nov 14 07:56

Bank of England: Automation to Eliminate Roughly Half of U.S. and British Jobs

One central bank has some frightening predictions when it comes to job stability in the future. 80 million jobs in the United States are at risk of being taken over by robots in the next few decades, a Bank of England (BoE) official warned on Thursday. With U.S. data showing that total nonfarm employment hit 142.6 million in October, that’s roughly over half of the total jobs at risk.

Nov 14 07:52

Putin not going to APEC summit in Philippines. PM Medvedev will go instead

Russian President Vladimir Putin will not attend the APEC summit that will take place on November 17-18 in the Philippines, RBC reports. Prime Minister Dmitry Medvedev will go to the summit instead. The reason for the decision has not been specified.

President Putin will go to Turkey for the G20 summit on November 15-16. Originally, it was planned that Putin would visit one of Russian regions on November 17 before going to the Philippines on November 17-18 - See more at:

Nov 13 19:00

Trudeau's boldness test: The TPP

But the real measure of how bold Trudeau will be is how he deals with the economy. After all it is the economic ministries -- finance, the treasury board, international trade most prominent among them -- that are most directly responsible for managing capitalism, something every federal government has to do no matter what their ideology is. The Liberals have always been a Bay Street party (FYI Bay St. in Toronto = Canada's Wall St.) and any move away from that tradition seems unlikely. The biggest test Trudeau will face on this front is right on the top of the issues pile: the Trans Pacific Partnership trade agreement.

First off, let's be clear that these "trade" agreements are only nominally about trade -- they are actually, as economist Jeffrey Sachs says "investment protection agreements." And for every Canadian government starting with Brian Mulroney's the almost exclusive economic policy for this country has been a focus on attracting international investment. Finance Minister (and later Prime Minister) Paul Martin made this explicit -- and set out to attract foreign investors by lowering the cost of doing business with labour flexibility programs, slashed corporate taxes and a 40 per cent reduction in federal social spending. Stephen Harper never saw a trade/investment deal he didn't like or wouldn't sign no matter how bad the terms were for Canada.

Nov 13 17:55

Elegy For 600

Justice For Chinese (JFC) is the brainchild of Andrew Kwong also known as (aka) Joe Canuck, aka The People’s Artist. The main objective of JFC is to seek legal redress and monetary compensation for all Chinese peoples from the Rothschild Jews who destroyed China and the lives of an estimated 600 million Chinese who were addicted to their deadly opium.

Nov 13 16:10

Disease Victims Often Shut Out of Workers' Comp System

Lancaster, Pennsylvania - Finding the first bit of evidence that Gene Cooper's job damaged his brain and destroyed his health was the easy part. That only took his wife four years, eight doctors and at least a dozen tests.

The hard part: Getting his former employer to pay.

Nov 13 15:50

The Age of Machines and Unemployment: “Robots Could Steal 80 Million US Jobs”

Central banks are officially gearing up for the impending reality of human obsolescence.

While the Bank of England forecast the loss of 80 million American jobs, billionaire Jeff Greene recently commented on how American workers will soon be put to pasture:

“When we first had the internal combustion engine — look at all the horses they just put out to pasture... We are going to be destroying jobs at a record clip.”

“Artificial intelligence (AI), right now, can do the task of a 100 IQ person… Ten years from now artificial intelligence will do the tasks of a 120 IQ person.”


Nov 13 14:34

Keiser Report: Dead Industries, Zombie Banks & Broken Markets

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the memory of our living economy and consumers in the life of the dead banks, markets and economies.