ECONOMY | WHAT REALLY HAPPENED


ECONOMY

Apr 16 10:34

Citigroup's Gold "Expert" Demands A Cash Ban

Apr 16 09:54

Tampering with Smart Meters on the Smart Grid

Catherine J. Frompovich
Activist Post

There have been a lot of theories about what could happen when Smart Meters (SMs) are tampered with and customers receive “false-reading, tampered-with” utility bills—water, gas, or electric—when hackers access the porous microwave networks that transmit in-the-house information that electric SMs constantly collect, then radio-transmit via microwaves back to utilities home offices.

That’s not some “pie-in-the-sky” theory; it’s of great concern to security experts...

Apr 16 09:49

‘Bankruptcy closer every day, and you believe statistics?’

An expat Englishman, who runs a farm not far from Moscow, has grilled the Russian president and asked where Putin gets his statistics.

Apr 16 09:39

Texas Woman Invokes 'Religious Freedom' Argument to Fight $2000 Fine for Feeding the Homeless

“One of the police officers said, ‘Ma’am, if you want to pray, go to church.’”

Apr 16 09:33

Demonstrators rally at USC to raise minimum wage

Hundreds of Los Angeles workers and community members gathered Wednesday in the neighborhood surrounding the University Park campus to rally for an increase in the minimum wage from $9 to $15.25 with enforcement provisions and paid sick leave.

Part of a national effort, the demonstration, organized by the coalition Raise the Wage LA, was called “Fight for $15 on 4/15” and began in downtown Los Angeles early Wednesday morning.

Apr 16 09:11

3 Easy Ways to Avoid Taxes

Apr 16 09:00

Mandatory Vaccines: SB277 CONTROVERSIAL COMMITTEE CHAIR STEALS VICTORY FROM CA PARENTS

Following hours of hearing several hundred parents voice their opposition to the controversial SB277, the bill that would remove the personal and religious exemptions and would require mandatory vaccines for children attending public or private schools, was going to fail the Senate Committee Hearing. The State Capitol was flooded with a line of parents that filled the halls and extended out the building doors and into the grounds surrounding the building. One by one people filed in and gave their name, city of residence, and stated their opposition to the proposed bill. The Senate Education Committee held it’s hearing concerning the portion of the bill that would exclude children whose parents have chosen not to vaccinate them from schooling.

Apr 16 08:46

Ruble passes 50 against USD for 1st time since November

The Russian currency’s upward trend has achieved a psychological victory Wednesday as the ruble traded at 49.90 against the US dollar on the Moscow exchange.

Apr 16 08:34

I-Team: Walmart stores that were suddenly closed for plumbing issues haven't sought permits

Employees of a Walmart in Brandon that abruptly closed Monday were among more than 2,000 employees nationwide who learned almost simultaneously they were being laid off.

In a nearly identical manner at every store, Walmart corporate officials visited the five locations, called an impromptu meeting in the back of the store and told employees that the stores would be closing that evening.

Webmaster's Commentary: 

I think Walmart is trying to save face having to close stores so soon after they made a bid deal about raising the wages of their workers.

Apr 16 08:24

Citigroup Shuffles Management Ranks: Is a Guilty Plea Coming?

Media rumors have been rife since February that the U.S. Justice Department is edging closer to forcing a Citigroup banking unit to plead guilty to criminal charges of rigging foreign currency markets. On Monday, the umpteenth iteration of the infamous Citigroup Shuffle was announced, where the top ranks of management are shuffled about in preparation for charges of major wrongdoing by the bank.

The Citigroup Shuffle has produced four CEOs over the past 12 years (Sanford Weill, Chuck Prince, Vikram Pandit, and the current CEO, Michael Corbat). The Chief Financial Officer (CFO) position changed three times in four months during 2009, moving from Gary Crittenden, to Edward “Ned” Kelly, to John Gerspach, the current CFO. Crittenden was later charged by the SEC with lying about Citigroup’s exposure to subprime debt, stating publicly that it was $13 billion when in fact it was over $50 billion at the time. Crittenden paid a $100,000 fine to the SEC without admitting the findings.

Apr 16 08:22

Oil Layoffs Hit 100,000 and Counting

Apr 16 08:20

Our Nation Depends on Restoring Product Liability

At the height of its power, ancient Rome created many new technologies which allowed it to become the supreme power over their portion of the world. These accomplishments included the invention of concrete, improved metallurgy, medicine, hygiene, plumbing, and sewage. As each of these were developed, Rome came to be dependent on them. As Rome went into decline, their ability to maintain their technologies started to fade. Aqueducts stopped delivering water. Public health failed. Metal rusted. Concrete cracked. Eventually the failure of those systems on which Rome was dependent hastened its eventual fall.

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Apr 16 08:07

One Last Look At The Real Economy Before It Implodes - Part 5

Brandon Smith
Activist Post

Since I began writing analysis for the liberty movement more than eight years ago, I have always said that we will know when the endgame of the globalists is upon us when the criminals come out into the light of day and admit to their crimes. At that moment, it will be because they no longer fear either the repercussions or their plans being obstructed.

As I plan to show in this installment of my series on the hidden fiscal collapse of America, the endgame has indeed arrived. At the very least, the international elites seem to think success is within their grasp, for they now openly expose their own criminality. But they do so in a way that attempts to divert blame or to rationalize their actions as being for the “greater good.”...

Apr 16 08:06

Washington's Mistral fiat flattens French arms industry; Sukhoi flies high

Another coup for Putin. Everything DC touches turns to crap!

India has essentially annulled it gigantic arms contract with France for the purchase and combined construction of 126 Rafale fighter planes; the Indian Prime Minister agreed to buy only
36 of them during his visit to Paris last week, a responsible government source stated. Instead, India will buy 127 fifth generation Russian fighter jets.

It is part of the direct fall-out from the socialist French governments anti-Russian policy, aligned with Washington. Obedient to the US, the Le Drian/Hollande tandem chose not to turn over the Mistral ships to Russia.

Apr 16 07:52

Store Closings Index 2015 of Largest US Brick-and-Mortar Retail Chains

Gap, Coach, JCPenney, Kmart, All 2015 Store Closings Sorted by Company

Apr 16 07:40

Obama calls for end to anti-Semitism

Obama calls for end to anti-Semitism in Holocaust Remembrance Day statement

(*Talk about your complete political 'Flip-Flop' !
I should have Bet Money that he wouldn't stand by The Iran Nuclear Deal)

Apr 16 07:00

‘End ECB dick-tatorship!’ Protester attacks Draghi during keynote speech

A protester, associated with the FEMEN movement, interrupted a televised speech by European Central Bank president Mario Draghi, when she jumped onto the table and showered him with confetti, while shouting “End ECB dictatorship!”

21-year-old Josephine Witt, who was also wearing a t-shirt with the punning slogan "End ECB dick-tatorship" also left several fliers with a oblique small-print rant against the financial body which regulates the Eurozone monetary policy.

Apr 16 06:57

German Yields Tumble Toward Zero Amid ECB Stimulus, Greece Jitters

“Draghi pledged to continue to metaphorically stand on the roof of the ECB building and shower euro bank notes down upon passersby.”

(*Oh Christ!)

Apr 16 06:44

Justice Prevails in New Mexico! Gov. Signs Bill Abolishing the Ability of Cops to Steal From Citizens

Finally, a victory!

On Friday, New Mexico Governor Susana Martinez signed the unanimous bipartisan legislation, H.B. 560, which effectively ends the practice of civil asset forfeiture in the state...

Apr 16 06:37

Ron Paul: Watch out. Dollar's in a 'huge bubble'

"There's a huge bubble with the dollar," Paul said on Tuesday's "Futures Now." The Dollar index, which measures the dollar against a basket of other major currencies, is near 12-year highs as the Fed has retreated from its stimulative programs at just the same time that other central banks have introduced their easing measures. But rather than take the rally as a sign that investors see strength in the U.S. economy, the outspoken former congressman sees the dollar's massive move higher as simply a byproduct of a world awash in easy money.

"It's not so much that the dollar is a great currency. It's the fact that nothing else is any better, said Paul. "The fundamentals are a disaster. The economy is in bad shape when you have more than half the people hardly making ends meet."

Apr 16 03:50

Former IMF Chief 'Under Investigation For Money Laundering'

Former chief of the International Monetary Fund, Rodrigo Rato, is under investigation for money laundering, government sources have told Spanish daily El Pais.
***
A judge is also holding him accountable for credit card abuse that took place at Caja Madrid and Bankia banks, where he was chairman.

In addition, he is under investigation for the way Bankia was floated on the Spanish stock market. Investigators believe this may have involved fraud and document forgery.

(*Quite the impressive resume . No wonder he made it all the way UP to IMF Chief ! )

Apr 16 03:21

Putin sees sanctions as stimulus for Russian economy

Russian President Vladimir Putin says his country can use Western sanctions to boost economic development by becoming more self-reliant.

Mr Putin said he had told business leaders that he did not expect EU-US sanctions - imposed over Russia's actions in Ukraine - to be lifted soon.

"We need to use the situation to reach a new level of development," he said.

(*"no,no, no, No, No, No, NO!"
whitehorse souce)

Apr 16 03:04

Stocks: 5 things to know before the open

Earnings season is in full swing and so far markets are taking it in their stride.

CNN: U.S. stock futures were flat in early trading while international markets were mixed.

Here are five things you need to know before the opening bell rings in New York:

1. Earnings and market movers: It's a big day for the financial sector, with Citigroup (C) and Goldman Sachs (GS) reporting ahead of the open. American Express (AXP) will report after the close.
***
2. Economic updates: The U.S. government will post weekly jobless claims at 8:30 a.m. ET. The Census Bureau will report monthly housing starts and building permits, also at 8:30 a.m. ET.

3. Oil moves: Crude is slipping back in electronic trading to just below $56 a barrel after hitting a 2015 high on Wednesday.
***
4. Leaders gather: The G20 finance ministers and central bank governors gather in Washington ahead of meetings of the World Bank and the IMF.
***
5. International markets overview: European markets were mainly weaker in early trading. But Unilever (UL) shares got a 4.4% boost in London after first quarter sales beat expectations.

Apr 16 00:55

Study: Over 27% of Student Loans Are in Default

Apr 15 17:55

Huge Trouble Is Percolating Just Under The Surface Of The Global Economy

Did you know that the number of publicly traded companies declaring bankruptcy has reached a five year high? And did you know that Chinese exports are absolutely collapsing and that Chinese economic growth in 2014 was the weakest in over 20 years?

Apr 15 17:39

Soros Declares Global Government “FAILING”

Apr 15 17:05

Mandarin for the Warlords: The Harvard School of Empire Building

What matters is that the US, while it is a declining world power, is still militarily powerful, dangerous and destructive, even as its empire building is weakening and its forces are in retreat. As Mahatma Gandhi once stated about the declining British Empire, ‘It’s the aging tiger that becomes the man eater’.

Apr 15 15:18

Why Is WalMart Mysteriously Shuttering Stores Nationwide For "Plumbing Issues"?

If that doesn’t turn out to be enough in the face of an economy which isn’t really recovering and in which low-income shoppers are constrained by lackluster (and by that we mean nonexistent) wage growth, some sacrifices may have to be made. The problem is that laying people off and shuttering stores two months after a celebrated wage hike initiative doesn’t inspire much confidence and could turn into a PR issue, but one thing you could do is get creative, and while we’re not plumbers, we do find it curious that five geographically distinct WalMart stores have been closed in the past week for “ongoing plumbing issues that will require extensive repairs.”

Apr 15 15:00

It’s Not The Weather: Industrial Production Is Rolling Over, Yet The Fed Is Clueless About Its Own Index

Another day of “incoming data” and still more evidence that this isn’t your father’s business cycle. This time it comes from the Eccles Building itself, but don’t expect the Keynesian money printers domiciled there to recognize that the industrial production report they issued today constitutes yet another rebuke to their entire macro model.

The March index slipped badly (0.6%) and thereby predictably elicited a “do not be troubled” assurance from the talking heads. It was just aberrant weather again. Well, that’s actually right. March was so much warmer than February that the utility component of the index plunged by 5.9%.

Indeed, as another branch of the Fed revealed a few days ago, March was actually warmer than normal for the month. Presumably this means the punk economic data for March can’t be explained by winterish weather—-since it is the very opposite condition which explains last month’s steep drop in utility production.

Apr 15 14:52

IRS Targets Farmer For Making Cash Deposits

Apr 15 14:12

Russia’s Lukoil reopens its office in Iran

"We look forward to participation in projects in Iran after the sanctions are fully removed", he said.
Maganov said that the Anaran project is Lukoil’s priority in Iran but the company is also interested in other projects.

Apr 15 14:06

Mergers & Acquisitions Go to Manic Levels

Apr 15 13:29

A New Housing Bubble About To Burst?

Apr 15 13:17

Greece in new downgrade by S&P for "unsustainable" commitments

Ratings agency S&P has downgraded Greece's credit rating again, saying it expects its debt and other financial commitments will be "unsustainable".

Apr 15 12:32

GERMLINE ENGINEERING COULD LEAD TO DESIGNER BABIES AND SUPERSTRENGTH

In the past month momentum has mounted around a technology called CRISP?R-Cas9, often described as a “search and replace” tool for DNA. The reason? It’s possible that scientists are now looking into using the revolutionary technique to permanently edit the genome of human eggs, sperm and embryos, a process called germline engineering.

Apr 15 10:37

Scurrilous Corporate Thieves Are Stealing Workers’ Comp

The infamous anti-labor bully, Wal-Mart, is among the leaders, but so are such prestigious chains as Macy’s and Nordstrom, along with Lowe’s, Kohl’s and Safeway. Their goal is to gut our nation’s workers compensation program, freeing corporate giants to injure or even kill employees in the workplace without having to cover all (or, in many cases, any) of the lost wages, medical care or burial expenses of those harmed.

Apr 15 10:28

FLASHBACK FEBRUARY - Concrete debris falls onto car from bridge as driver goes under it in Md.

The morning after concrete fell from a Prince George’s County bridge and struck a woman’s car, the incident drew commentary at a Capitol Hill hearing Wednesday.

“We are going to have to pay for our infrastructure [repairs] or you are going to have to face blocks of concrete falling on your head,” Rep. Donna Edwards (D-Md.) said at a hearing of the House Transportation Committee.

“I did acknowledge the incident in Maryland last night,” responded U.S. Transportation Secretary Anthony Foxx, who has appealed for $478 billion in additional transportation funding. “There’s no excuse for that in America.”

Webmaster's Commentary: 

Government is the most expensive thing you will buy in your life. Are you getting value for the money? To judge by these stories, we are not. Your money flows to Wall Street, the war machine, CIA torture dungeons, NSA spy shops, and of course Israel.

Apr 15 09:59

"Staggering" Student Loan Defaults On Deck: 27% Of Students Are A Month Behind On Their Payments

A new St. Louis Fed study finds that the delinquency rate for student borrowers in repayment is 27.3%, meaning nearly one in three of the Americans laboring under a debt load that has now swelled to $1.3 trillion are more than a month behind on their payments. Ackman says there's "no way they are going to pay it back." We can hear the "cancel the debt" cries now.

Apr 15 09:57

DAX Just Flash-Crashed, Drags US Stocks Lower

No apparent headlines as the European close looms and DAX Futures just plunged on heavy volume...

Apr 15 09:56

Russian Ruble Extends Outperformance - Surges To Strongest Since November

The Ruble is now up almost 22% against the US Dollar year-to-date.

Apr 15 09:49

Young married couple and their baby son killed after a chunk of CONCRETE falls off Washington state bridge and crushes their pickup truck

A mother, father and their eight-month old baby boy were killed on Monday when a concrete barrier fell onto their truck as they were driving under an overpass in Washington State.

Webmaster's Commentary: 

More neglected infrastructure!

Apr 15 09:48

Dutch banker fired after she is exposed as a dominatrix prostitute who described herself as a ‘high class nymphomaniac’ and earned 10,000 euro a week dressing up as a Nazi and whipping men

A top official working at the Dutch Central Bank has been fired after her secret double life as a Nazi-themed dominatrix prostitute was uncovered.

The 46-year-old part-time prostitute worked at the Dutch Bank who are responsible for regulating the financial services industry in the Netherlands for eight years.

However, for the past six years, the woman, known only by her 'professional' name Conchita van der Waal offered a range of sexual services at a rate of €450 an hour asking for requests that are 'the kinkier the better'.

Apr 15 09:47

California water crises: Global warming or bureaucracy?

Apr 15 09:22

Joe Bannisters Lawyer Warns Non-Filers 'You Risk Going To Jail- Be Prepared To Lose Everything You Have'

Jeff Dickstein, the lawyer who successfully represented former IRS enforcement officer Joe Bannister in court, has some advice for potential non tax filers; Joe Bannister also discusses how his Catholic faith helped him through his fight with the IRS and the future of the tax freedom movement.

Q. "You represented Joe Bannister who was acquitted of charges. If the average American were to watch Freedom to Fascism and they decide they don't want to file their income tax, what would you say to that? What would you recommend such a person do?

Apr 15 09:21

China Doesn’t Want To Finance Nicaragua’s Canal, Panama Canal Authority Says

Nicaragua’s interoceanic canal project is still making headway despite ongoing trepidation over potential environmental damage and opaque financing details. But this week one of the project’s main skeptics, the administrator of the nearby Panama Canal, threw some cold water on suspicions that the Chinese government may be behind the deal.

“I just returned from China, and builders there told me that no state company has any interest in financing the [Nicaragua canal] project,” said Jorge Luis Quijano, administrator of the Panama Canal Authority, on Monday, according to local reports. He was speaking at an opening session of the Panama Maritime World Conference and Exhibition, an annual gathering of international maritime industry professionals.

Apr 15 09:11

FLASHBACK - The United States Is In Deep Doodoo!

The following article was first written in 1998. I am relinking it here not so much as to say "I told you so", but to point out that the long term economic future of the United States was obvious, or should have been obvious, to the people who are awarded lofty degrees and paid huge salaries to comprehend such things. Instead, the economists persisted in explaining away the visible signs of gathering troubles and earned their salaries by justifying why the policies that robbed the poor to give to the rich should continue unabated.

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Apr 15 08:54

‘It’s our money’ podcast: be educated on monetary/credit reform or continue looting by oligarchs

*hyperlinks/podcast live at source*

Note: I make the following factual assertions as a National Board Certified Teacher of US Government, Economics, and History, with all economics factual claims receiving zero refutation since I began writing in 2008 among Advanced Placement Macroeconomics teachers on our discussion board, public audiences of these articles, and international conferences. I challenge readers to empower their civic voices with the strongest comprehensive facts most important to building a brighter future. I invite professionals, academics, and citizens to add their voices for the benefit of all Earth’s inhabitants.

Human beings are looted by asset-hole oligarchs literally by the trillions every year.

These lying sacks of spin are the .01% banksters, and “leaders” of government and corporate media.

Human beings will either continue being looted and lied-to, or earn voices for justice from basic education that includes how to create what we use for money:

Apr 15 08:52

"Staggering" Student Loan Defaults On Deck: 27% Of Students Are A Month Behind On Their Payments

Calls for a benevolent suspension of both personal responsibility and accounting truisms (which mandate that one person’s liability is everywhere and always someone else’s asset) in the interest of forgiving all student loans at the expense of the US taxpayer aside, America has a student debt problem. Here are some good places to start if you need a refresher:

Apr 15 08:46

EU set to file antitrust lawsuit against Google for unfair practices

Google is facing formal antitrust charges in the EU after years of investigation and three attempted settlements. The announcement will be made at the European Commission meeting on Wednesday, EU officials told the media.

Apr 15 08:43

How Your Bank Account WILL Disappear

Apr 15 08:42

Fast food works to strike in 230 cities

Apr 15 08:17

Fed official hints many cities to follow Detroit bankruptcy road

A top Federal Reserve official indicated Tuesday that the municipal bankruptcies of Detroit, Michigan, and Stockton, California, could mean further such filings in the future, more so that current bond ratings suggest.

Apr 15 08:10

A Condo In San Francisco Is Available For $49 Million Posted On 14 Ap

The duplex penthouse at Lumina in San Francisco is marked down for $49 million.

The property is a 13,800 square foot duplex penthouse on the 41st and 42nd stories of the new Lumina building at 201 Folsom Street.

http://whatisusa.info/a-condo-in-san-francisco-is-available-for-49-mil...

Apr 15 08:10

The Criminalization of Cash

Of course, there are many reasons presented as to why we need to transition into a cashless society. Cash is only used by criminals and terrorists, after all (just ask the government of France or the FBI or Amtrak or, presumably, the authors of House Bill 195 in Louisiana). Cash carries germs. Cash is so, like, 20th century.

Webmaster's Commentary: 

There is another aspect to keep in mind.

When cash is in your pocket, it is not available to the banks to use in calculating their required cash reserves. When you use plastic, the funds move from one banking computer to another banking computer instantly, and is still available to the system as a whole to meet their reserve requirements.

There is over a trillion dollars in cash in circulation. Trapping it inside the banking system gives them more room to play around in and delay the coming crash!

Apr 15 08:01

America : Freedom to Fascism

Webmaster's Commentary: 

Time to watch this again!

Apr 15 07:58

The European Union Accused Google Of Abusing Its Dominant Position

The European Commission has sent a Statement of Objections to Google affirming the organization has mishandled its prevailing position in the businesses for general web hunt benefits in the European Economic Area (EEA) by methodically supporting its own correlation shopping item in its general query items pages. The Commission’s preparatory perspective is that such direct encroaches EU antitrust principles in light of the fact that it smothers rivalry and damages shoppers. Sending a Statement of Objections does not prejudge the result of the examination.

http://whatisusa.info/the-european-union-accused-google-of-abusing-its...

Apr 15 07:17

Steelworkers Welcome Nationwide Beer Can Boycott

Millions of union members across Canada are being urged to boycott beer sold in cans to protest an American corporation's union-busting tactics at a Toronto factory.

The Canadian Labour Congress (CLC), representing 54 unions with more than three million members across the country, today joined a beer can boycott launched by United Steelworkers (USW) Local 9176 in Toronto.

The national boycott urges consumers to buy their beer in bottles, not cans that are manufactured by U.S.-based multinational Crown Holdings.

Apr 15 07:16

Democracy's Gold Digger

Well now we know why John Baird suddenly retired as foreign affairs minister, he got a better job. And not just any job. He’s going to be an international advisor to the world’s largest gold mining company, Barrick Gold. You don’t get a gold watch when you retire from Barrick, you get a gold butler.

This is a company that’s hugely benefited from policies of the Conservative government. But, if you believe that whatever’s good for large corporations is good for all Canadians, then Baird’s new job is no big deal. It’s just public service in a different form. A form that happens to have no accountability and yacht-loads of money.

But for the rest of us, this seems corrupt.

Apr 15 07:08

Stock market returns since 1997:

Apr 15 04:47

Israeli company building desalination plant in CA to 'help' with the drought

The CEO of Israel's 'IDE Technologies' U.S. Division was quoted as saying "there's no boundaries in industry."
The project manager for Poseidon Water, the company contracting with the Israelis, recently commented on the Carlsbad project, noting "Desalinated water will be more expensive; what is the cost of not having water at all?"

Apr 15 03:35

Expect Your Rent To Go Up Again

“The only relief in sight is rents in the hottest markets are going to go up at a slower pace, but they’re still going to go up.”

Apr 15 03:27

Rupee Down 12 Paise

Rupee down 12 paise in early trade on fresh demand for dollar

KARACHI: Pakistani rupee further gained value against US dollar in open market and remained firm in interbank on Tuesday.

Apr 15 03:19

China says 57 countries to be founding members of AIIB

A total of 57 countries will be founding members of the new Beijing-backed Asian Infrastructure Investment Bank (AIIB), China's finance ministry said on Wednesday, throwing together countries as diverse as Iran, Israel, Britain and Laos.

Britain surprised some allies last month in deciding to join the AIIB, and was quickly followed by Germany, France and Italy. Among the Group of Seven (G7) industrialized countries, the United States, Japan and Canada remain as absentees.

Washington had cautioned nations about joining the bank seen as a rival to the U.S.-dominated World Bank

Apr 14 21:48

A Condo In San Francisco Is Available For $49 Million

The duplex penthouse at Lumina in San Francisco is marked down for $49 million.

The property is a 13,800 square foot duplex penthouse on the 41st and 42nd stories of the new Lumina building at 201 Folsom Street.

http://whatisusa.info/a-condo-in-san-francisco-is-available-for-49-mil...

Apr 14 19:23

Maternity Leave is Shrinking

Today women are working longer into their pregnancies and sooner after giving birth than in years past.

Apr 14 19:15

Millennial Women Still Earn Less Than Men

Although millennial women tend to be more highly educated than their male counter-parts, they are still earning less money in many careers.

Apr 14 19:05

How to Get the Best Financial Aid Package

The traditional approach to college applications for many families is to pick a school and figure out how to pay for it later. “That formula is a recipe for disaster now,” says Kalman Chany, a New York City-based financial aid consultant and the author of the Princeton Review’s “Paying for College Without Going Broke.”

Apr 14 16:42

Guaranteed paid leave for mothers (weeks)

Apr 14 15:37

How Your Bank Account WILL Disappear

Apr 14 15:37

Flashback: 12 Things you should know about David Cameron's austerity to infinity speech at the Lord Mayor's Banquet

The most glaringly obvious demonstration that Cameron's brain has been addled by the bubble of wealth and privilege he inhabits is the fact that he decided to announce that he plans for the UK public to suffer permanent austerity, whilst reading his speech at the Lord Mayor's Banquet from a gold encrusted lectern.

The evidence is absolutely clear: Tory austerity is for the poor and ordinary, whilst the rich have used this economic crisis to make themselves richer than ever. Corporations and the super-rich get tax cuts, ludicrous pay hikes and state subsidies, whilst the rest of us suffer wage repression, cuts and loss of services.

Apr 14 15:18

The Grace Commission

"all individual income tax revenues are gone before one nickel is spent on the services taxpayers expect from their government"

Apr 14 13:59

Hillary Clinton – the ‘Liberal’ Puppet for War

Hillary Clinton this week launched her bid for the US presidential elections in 2016.

Clinton’s Republican rivals or would-be rivals immediately fired the brickbats, accusing the 67-year-old former First Lady of being a «Washington insider» and the «embodiment of all that is wrong» in US politics.

Hillary Rodham Clinton is lambasted by Republicans as a «liberal».

Whether described as «liberal», «conservative» or «hawk» – all American presidential candidates are the same in practice. Puppets for sale.

The unintended irony of Clinton’s Republican detractors, who include rabid rightwing Senators Marco Rubio and Ted Cruz, as well as the maverick Senator Rand Paul, is that every single one of them will have to spend similar amounts of cash in their anticipated presidential campaigns.

Apr 14 13:36

Protesters Slam Wall Street Elites for Profiting Off ‘Misery of Workers’

A union-supported activist group known as the Hedge Clippers disrupted a hedge fund conference in Manhattan on Monday to call out financial investors they say support poverty wages.

Apr 14 12:22

America’s 9 Classes Of Economic Stature

Apr 14 12:04

IMF sees solid global economic outlook even as growth diverges

The International Monetary Fund highlighted an increasing divergence in the growth paths of the world's major economies this year, as a pick-up in the euro zone and India is expected to be offset by diminished prospects in other key emerging markets.

Webmaster's Commentary: 

The rich are getting richer and the poor are getting poorer and that is the way the IMF likes it!

Apr 14 11:50

These Companies Are Going To Spend So Much Money Trying To Woo Voters Ahead Of 2016

By one estimate U.S. online political advertising could quadruple to nearly $1 billion in the 2016 election, creating huge opportunities for digital strategy firms eager to capitalize on a shift from traditional mediums like television.

Apr 14 11:49

Republicans Push $269 Billion Handout For Millionaire Heirs And Heiresses

House Republicans this week will vote to hand the heirs and heiresses of America's largest fortunes a $269 billion tax break by repealing the federal inheritance tax.

The legislation would shield the very richest families from taxes on the fortunes they inherit. After years of GOP attacks on the inheritance tax, also known as the estate tax, only a few thousand of the wealthiest families are subjected to it -- 4,700 total in 2013, according to the Joint Committee on Taxation. Only individual fortunes worth over $5.43 million can be taxed under current law, an amount that doubles to $10.86 million for wealthy couples. The Republican proposal would eliminate all of these estates -- which are over 15,700 percent richer than the median American household -- from taxation.

Apr 14 10:57

Keith Neumeyer: No Price Discovery In Silver

Apr 14 10:19

A Condo In San Francisco Is Available For $49 Million

The duplex penthouse at Lumina in San Francisco is marked down for $49 million.

The property is a 13,800 square foot duplex penthouse on the 41st and 42nd stories of the new Lumina building at 201 Folsom Street.

http://whatisusa.info/a-condo-in-san-francisco-is-available-for-49-mil...

Apr 14 10:16

Analyst Career Risk

Apr 14 10:07

Boom! Boom! — When the supply lines fail

Unfortunately, the run-up to war against Russia continues

Apr 14 09:44

US Shale oil production may have maxed out - EIA

The shale oil boom may be over, judging from the latest report from the US Energy Information Administration, which said oil output from America’s seven most productive shale formations will decrease for the first time in four years.

The report has had an effect on the oil market with Brent, the benchmark for more than half of the world’s oil, trading above $58.25 per barrel, a 0.55 percent increase, and WTI, the North American blend, advancing one percent to $52.44 at the time of publication.

Apr 14 09:21

Who'd have thought austerity drives the rise in food banks?

The growth of food banks is directly linked to benefit cuts such as sanctions.

It blows a hole in David Cameron’s claim that the huge rise in food bank use could be down to better advertising at Jobcentres.

Apr 14 09:14

IMF close to giving up on Greece after official admits bail-out negotiations are ‘not working’ and the country ‘prepares to default on next debt repayment’

The International Monetary Fund (IMF) is close to giving up its role in Greece's economic resuscitation, with one senior official admitting bail-out negotiations are not working.

The comments came as some voices in Athens seemed to be preparing themselves to default on their next debt repayment.

Poul Thomsen, the IMF's Europe Director has been quoted by the Greek media as saying he could not see a successful conclusion to the country's current bail out.

Apr 14 09:03

BUNDY RANCH TYPE STANDOFF BREWING IN SOUTHERN OREGON BETWEEN MINERS AND BLM

The area in question has produced in excess of 10 million ounces of gold since its conception, and geologists estimate that only 10% of the gold in the ground has been removed, which makes this area highly sought after by any standard. It is said that children find gold with their hands in the creeks to this day.

Webmaster's Commentary: 

the government is desperate for this gold, and will do anything humanly possible to illegally throw the miners off this claim.

I would not be surprised to see a "false flag" done here to be blamed on local militias, and then have US Special Ops round up these miners, and put them where no one will ever hear from them again. Then the Bureau of Land Management will take over the mines, with all the gold going to the US government.

Do you think this can't happen?!?

You had better think again.

In the language of the NDAA (National Defense Authorization Act), the President can have any person, or persons, he has deemed a "threat" to America, arrested, and imprisoned indefinitely, with absolutely no due process.

I wonder if Obama is going to make this his test case of the NDAA; if so, there will be no such thing as private property in this country.

Apr 14 08:40

RAMIFICATIONS -- Andy Hoffman

Apr 14 08:29

Entrepreneurs Are Vanishing… Here’s Why

Apr 14 08:25

Air travel is getting even more unpleasant

The study, conducted by a Wichita State professor and the dean of Embry-Riddle’s College of Aviation, found the percentage of on-time flights fell to 76.2% in 2014 from 78.4% a year earlier. What’s more, the number of lost bags rose 13% and bumped passengers increased by 3%.

It’s no wonder that consumer complaints jumped 22%.

Apr 14 08:06

Ruby Tuesday to close 30 restaurants following quarterly losses

Ruby Tuesday will close 30 restaurants over the next few months, though they won’t say which ones.

Webmaster's Commentary: 

They just closed the one at Ala Moana shopping center.

Apr 14 07:49

Jeff Deist: A Free Market in Money?

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