ECONOMY

Apr 18 06:42

See the scathing documents detailing $600 billion squandered in Afghanistan

We all had a hand in allowing this to happen. The hawkish crowd should be extremely happy. You know lots of Americans got a large hunk of that money for support contracts, logistics, tank building, etc., Oh, and of course lots of guns and bullets, aircraft, caskets, the list is long.

Apr 18 06:22

Texas Congressman Accuses Obama, DOI, and BLM Of Illegal Action At Bundy Ranch

“Because of this standoff,” he wrote, “I have looked into BLM’s authority to conduct such paramilitary raids against American citizens, and it appears that BLM is acting in a lawless manner in Nevada.”

Apr 17 19:58

Hurtling into DARKNESS: America’s Great Leap Towards Global Tyranny

I do not believe the citizens of the United States any longer possess the capacity to avoid these dark prospects. They are being swept along by forces they mostly do not understand, and most are unwilling to give up on the comfortable almost-religious myths of enforceable Constitutional rights and a benevolent national government.

Ironically, one of the key forces which brought Europe and North America over a few centuries to the kind of liberal democracies we know today is capable of delivering a new and unprecedented form of tyranny. That force is the body of interests of a nation’s middle class – the group of capable, ambitious, and rising people who were called a few centuries back by Europe’s landed old aristocracy “the new men.”

Read more

Apr 17 19:54

The Obama Game : Is Putin Being Lured Into a Trap?

The coup government’s crackdown on ethnic Russians in Donetsk and Kharkiv could lead to a Russian intervention which would provide the justification that Washington is looking for. However painful it is for Putin to watch Russian speaking Ukrainians get beaten and perhaps killed by Nazi thugs and foreign mercenaries dressed up as Ukrainian Security Forces, he should avoid sending in the troops. It’s a trap.
Vladimir Putin, whatever one may think of him, has not done anything to fuel the violence and chaos that has spread across the country.

“Russia … is now recognized as the center of the global ‘mutiny’ against global dictatorship of the US and EU. Its generally peaceful .. approach is in direct contrast to brutal and destabilizing methods used by the US and EU…. The world is waking up to reality that there actually is, suddenly, some strong and determined resistance to Western imperialism. After decades of darkness, hope is emerging.” – Andre Vltchek.

Apr 17 18:31

Putin says oil wars with Russia will make West bleed

Yup! Putin's a chess player!

Opportunities for the West to hurt the Russian economy are limited, President Vladimir Putin said Thursday. Europe cannot stop buying Russian gas without inflicting pain on itself, and if the US tries to lower oil prices, the dollar will suffer.

“Can Europe stop buying Russian gas? I think it's impossible…Will they make themselves bleed? That's hard to imagine,” the Russian president said.

Since oil is sold internationally on global markets cutting the price would mean lower dollar circulation, diminishing its value in the global currency market.

"If prices decrease in the global market, the emerging shale industry will die,” Putin said.

The US shale industry has boosted domestic production, helping the US become independent and situating it to overtake Russia as a producer.

Apr 17 17:40

BLM next land grab: 90,000 acres of Texas Ranchers’ Land near Red River

J. Patriot: "While are attention is on the Bundy Ranch in Nevada the BLM sets their sights on more land in Texas! The BLM is attacking hard working Ranchers all over the U.S..

Apr 17 16:01

18 Stats That Prove That Government Dependence Has Reached Epidemic Levels

Did you know that the number of Americans getting benefits from the federal government each month exceeds the number of full-time workers in the private sector by more than 60 million? In other words, the number of people that are taking money out of the system is far greater than the number of people that are putting money into the system. And did you know that nearly 70 percent of all of the money that the federal government spends goes toward entitlement and welfare programs? When it comes to the transfer of wealth, nobody does it on a grander scale than the U.S. government. Most of what the government does involves taking money from some people and giving it to other people. In fact, at this point that is the primary function of the federal government.

Apr 17 15:40

Everything is a BUBBLE Because of the Fed!

Apr 17 12:19

FDA Reveals Shocking Statements On Vaccines

Before reading the featured article take a minute to review this package insert

Apr 17 12:11

Why We Must Avoid an Article V Constitutional Convention!

Today, the idea of a Constitutional Convention is being pushed by hundreds of progressive (Marxist) groups such as; the Alliance for Democracy, the Center for Media and Democracy, Code Pink, the Coffee Party USA, Democracy Unlimited, the Progressive Democrats of America, Sierra Club, Alliance for Progressive Values, Committees of Correspondence for Democracy and Socialism, Democratic Socialists of Central Ohio, Media Action Center, MoveOn.org, Occupy, SEIU, and hundreds more…

Apr 17 11:33

The United States Is In Deep Doodoo!

This brings us to the issue of collateral. We've borrowed so much money the lenders are getting nervous. Back during the Johnson administration Charles DeGaulle demanded the United States collateralize the loans owed to France in gold and started carting out the bullion from the treasury. This caused several other nations to demand the same and President Nixon had to slam the gold window closed or the treasury would have been emptied, since the United States was even then in debt for more money than the treasury could cover in gold.

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Apr 17 10:25

Germany has no alternative to Russian gas

Germany faces a renewed debate on energy in the wake of the ongoing Ukraine crisis. To a large extent, the country depends on Russian oil and natural gas imports. Just recently Chancellor Angela Merkel made it clear that “all of Germany’s energy policies must be reconsidered.” According to Germany’s Energy Balances Group (AGEB), imported rose to 71 percent of all sources of energy last year.

The most important energy supplier is Russia: It provides 38 percent of Germany’s natural gas imports, 35 percent of all oil imports and 25 percent of coal imports, covering a quarter of the country’s entire energy needs. There are no suitable alternatives in sight that could cover shortfalls of this magnitude.

Apr 17 10:24

China’s ban on GMO corn costs US up to $2.9 billion, grain association says

China’s rejections of a banned variety of genetically modified U.S. corn have cost the U.S. agriculture industry up to $2.9 billion, a grain group said on Wednesday in the first estimate on losses from the trade disruptions.

Webmaster's Commentary: 

"Dammit, I don't care if they don't want it; you MAKE them buy our product!"

Apr 17 10:24

BLM BS - IS THIS OKAY WITH YOU??? by Karen Quinn-Tostado

Check out these images of murdered cattle on OUR dime:

What would happen if WE: (did the following)

Apr 17 10:23

Two More Victims Of The Retail Apocalypse: Family Dollar And Coldwater Creek

Did you know that Family Dollar is closing 370 stores? When I learned of this, I was quite stunned. I knew that retailers that serve the middle class were really struggling right now, but I had no idea that things had gotten so bad for low end stores like Family Dollar. In the post-2008 era, dollar stores had generally been one of the few bright spots in the retail industry. As millions of Americans fell out of the middle class, they were looking to stretch their family budgets as far as possible, and dollar stores helped them do that. It would be great if we could say that the reason why Family Dollar is doing so poorly is because average Americans have more money now and have resumed shopping at retailers that target the middle class, but that is not happening. Rather, as you will see later in this article, things just continue to get even worse for Americans at the low end of the income scale.

Apr 17 09:47

Yellen Says Federal Reserve Monetary Policy Can Solve Unemployment Problem

Federal Reserve Chair Janet discussed the economy and unemployment at the Economic Club of New York on Wednesday. Incredibly, she said that the Fed’s monetary policy will solve the unemployment problem in the US. If that was the case wouldn’t every American who wants a job have a job after 5 years of the same policy?

Webmaster's Commentary: 

The federal Reserve IS the @#$%ing problem!

Apr 17 09:46

FLASHBACK 2013 - Federal Judge Rules for Property Rights, Smacks Down Abusive Feds

In an historic 104-page ruling, Chief Judge Robert C. Jones of the Federal District Court of Nevada has struck a major blow for property rights and, at the same time, has smacked down federal agencies that have been riding roughshod over Western ranchers and property owners. The long-awaited ruling, which had been expected before the end of last year, was finally issued at the end of May. The court case, U.S. v. Hage, has been keenly watched by legal analysts and constitutional scholars — but has been completely ignored by the major media.

Webmaster's Commentary: 

"Look, we don't care what the law says. We need the money and that's all the justification we need to take your property! Get with the program, already!" -- Official White Horse Souse

Apr 17 09:31

12 APRIL PARIS ANTI AUSTERITY MARCH - English subtitles

Apr 17 09:26

Harry Reid’s Nevada family values

WASHINGTON, April 13, 2014 — One thing Harry Reid does well is live up to his moniker, “Dirty Harry.” On his side of the Democrat wing of the organized crime family in Washington, Reid has few equals as a world class bag man.

It may be pure coincidence that the army of heavily armed agents of the Bureau of Land Management (BLM) are now pulling back from their positions encircling Nevada rancher Cliven Bundy’s family ranch, North of Las Vegas. But it’s doubtful. It may have everything to do with a new round of intense scrutiny of Reid’s use of influence to reward family members and campaign donors in lucrative development deals across the state.

Apr 17 09:06

Bank of America Corp: Someone From This Fraud Machine Needs To Go To Jail

Something happened last Wednesday that is eye-opening, on several levels.

The Consumer Financial Protection Bureau (CFPB) and the Office of Comptroller of the Currency (OCC) slammed one of the nation’s biggest banks: Bank of America Corp (NYSE:BAC).

It turns out BofA, like several other financial giants, is a billion-dollar fraud machine.

Webmaster's Commentary: 

The entire banking system, based on the model of a private central bank issuing all of the public currency as a loan at interest, is a fraud. Jail is too good for these modern-day slave masters!

Apr 17 08:57

Why Only the Rich Should be Taxed

The Center for the Study of Liberal Democracy at the University of Wisconsin-Madison is an institute funded by the right-wing conservative Bradley Foundation. In April of 2013, the Center announced the “Bradley Freedom Prize” essay contest, in which they asked for a response to the question: “Do the wealthiest Americans pay their fair share of taxes? What amount would be fair and why?”

The following Bradley Award-losing essay submission likely inflamed the judges of the prize; rather than focusing on taxes and wealth merely in relation to the economy – the obsession of nearly all news media reports and academic literature - it instead focuses on taxes and wealth in relation to ethics, equity, and ecology.

Apr 17 08:56

Home price slowdown leaves millions underwater

For millions of Americans still stuck in homes with mortgages bigger that the house is worth, the long slog back to dry land is getting longer.

Nationwide, plummeting prices from the housing collapse in 2007 left more than a quarter of all homeowners with a mortgage owing more than their home was worth.

Apr 17 08:55

Russia has a secret weapon against the West, and it’s not oil, gas or nukes

Energy markets have been a bit more volatile recently, thanks to sporadic violence in Ukraine and the war of words between Russia and the West. Both sides of the conflict are playing pipeline politics, with threats and counter-threats flying between some of the world’s biggest energy suppliers and consumers. As tempers flare, the threat of crucial pipelines running dry is enough to frighten even the steeliest traders.
+

Although oil and gas are top of mind, they aren’t necessarily the only commodities that traders are worried about. Palladium prices spiked to a three-year high today

Apr 17 08:54

Nevada Rancher’s Son: Harry Reid ‘Needs To Be Kicked Out Of Office’

The son of a Nevada rancher who battled the federal government over the roundup of his cattle believes it’s time for Sen. Harry Reid to be kicked out of office.

“If he doesn’t have enough moral fiber in his bones at all to see what happened, that we the people got together and made something right, then I don’t think there’s any hope for him and he needs to be kicked out of office, even if he is the Senate majority leader. It doesn’t matter,” Ammon Bundy, son of Cliven Bundy, told Fox News, responding to Reid’s comments that “it’s not over.”

Webmaster's Commentary: 

Apr 17 08:53

Bank of America Finally Gives Loan Mod to Brain-Injured Tiananmen Square Survivor in Seattle, Washington.


Thursday, April 17, 2014

KingCast and Mortgage Movies See Bank of America Finally Give Loan Mod to a Brain-Injured Tiananmen Survivor Jane Mair in Seattle, Washington.

You know The Deal. The homeowner suffers a catastrophic brain injury or some other setback and the bank directly implies to them that the should stop making payments for three months to be eligible for what they call a loan mod (it likely is not a real loan mod, just the servicer agreeing to less money), then all hell breaks loose as they dual track your ass right on out of your home. Well not this time, thanks to vigorous grass roots support, multimedia presentations and lawyers licensed and consulting.

Apr 17 08:48

“Insiders Tell All: Both the Stock Market and the SEC Are Rigged,”

File under no shit!

according to insiders, the SEC has stood down in much the same fashion that it ignored warnings about Bernard Madoff from whistleblower Harry Markopolos for years.

Apr 17 08:41

Colorado approves lower tuition for illegal immigrants

This ought to piss off more Americans!

Colorado has joined thirteen other states in allowing undocumented immigrant students to attend college at an in-state tuition rate. The governor hailed the new law as a victory that would grant illegal students with a “path forward”.

"Today we're here to tell you, in Colorado, that the doors are open and the dream is alive" said state Sen. Mike Johnston, one of the sponsors of the bill, as hundreds of people cheered at the ratification of Senate Bill 33.

Apr 17 08:30

Commercial banned in Switzerland

Webmaster's Commentary: 

Yeah; I can see why this one makes the money-junkies nervous!

Apr 17 08:25

US President Barack Obama to launch $600 million job-training program

US President Barack Obama launches a $600 million jobs initiative aimed at training the workforce. According to Washington the program will offer grants “to support job-driven training, like apprenticeships, that will expand partnerships with industry, businesses, unions, community colleges, and training organizations to train workers in the skills they need.”

Webmaster's Commentary: 

So Obama will spend $600 million to hire his cronies to convince young people to serve in unpaid apprenticeships, which the Bureau of Labor Statistics will count as actual jobs to keep the unemployment numbers low as we had into the November elections.

Apr 17 08:11

New IRS documents: Lerner colluded with DOJ to prosecute conservative groups

On Wednesday, the day after what's commonly called "Tax Day" each April 15, members of the House of Representatives announced that the Internal Revenue Service (IRS) released documents that appear to describe a conspiracy by the IRS and the Department of Justice (DOJ) to "railroad" conservative organizations that posed a threat to the re-election of President Barack Obama and to his political agenda.

Apr 17 07:47

Social Security stops trying to collect on old debts by seizing tax refunds

The Social Security Administration announced Monday that it will immediately cease efforts to collect on taxpayers’ debts to the government that are more than 10 years old.

The action comes after The Washington Post reported that the government was seizing state and federal tax refunds that were on their way to about 400,000 Americans who had relatives who owed money to the Social Security agency. In many cases, the people whose refunds were intercepted had never heard of any debt, and the debts dated as far back as the middle of the past century.

Webmaster's Commentary: 

Looks like the armed push-back at the Bundy Ranch is already bearing fruit in other sectors of the government!

Apr 17 07:44

Take the Monsanto Stock Plunge!

For years, despite its devilish reputation, Monsanto has been the darling of Wall Street, but that's about to change! You might think that Monsanto got evil all on its own, but you might be surprised to see who’s helped them on Wall Street. If you’re not careful – it could be you!

If you support GMO labeling, eat organic food and avoid GMOs in your diet as much as possible, you might be surprised to learn that Monsanto has been hiding in your retirement fund, 401K or mutual fund all along. Unfortunately, if you, your family or your friends have any of these investments, you may be profiting from Monsanto’s toxic products!

We've launched the Divest Monsanto Now! campaign to keep Monsanto's toxic profits out of Wall Street investment portfolios and your retirement funds. It's time to turn up the heat on Monsanto - Let's take it to the Streets!

Apr 17 07:05

Feds accused of leaving trail of wreckage after Nevada ranch standoff

Feds Destroyed Water Lines, Fences, Water Tanks, Killed Two Prized Bulls During #BundyRanch Standoff

"They had total control of this land for one week, and look at the destruction they did in one week," said Corey Houston, friend of rancher Cliven Bundy and his family. "So why would you trust somebody like that? And how does that show that they're a better steward?"

Apr 17 05:46

Cyprus warns economic sanctions against Russia will destroy its economy

Cyprus Foreign Minister Ioannis Kasoulides told a German newspaper Wednesday that economic sanctions against Russia by Europe would destroy the Cypriot economy, adding that every EU state should decide separately whether they want to cut ties with Moscow.

“There are very strong economic ties between Cyprus and Russia. If sanctions are really necessary, then every member state should decide for itself whether to take part. However the measures look, we must not harm ourselves,” Kasoulides told Die Welt.

Apr 17 05:34

How super-fast cable networks allow City flash boys to fleece your pension of billions

Installing the cable was to cost £180 million, but the investors behind it were convinced it was going to make them very, very rich. For they had calculated that using this cable rather than the existing, less direct, ones would cut the time it took to send a message between the two cities from 17 milliseconds to 13.

That’s a fraction of the time it takes to blink very quickly, yet the minuscule time difference is enough to allow sophisticated computer programmes to exploit profitably tiny price differences between the Chicago and New York stock exchanges.

These split seconds saved in the transmission of information, an industry expert calculated, were worth an astonishing £12?billion a year to those who knew how to exploit them.

Apr 16 21:03

Bundy land context: US ‘leaders’ steal land with MERS bankster fraud & War Crimes, hoard CAFR & off-shore trillions

*hyperlinks live at source*
The Bundy land conflict evokes Americans to a local venue to protest crimes of a psychopathic US “leadership” immersed in “Big Lie” crimes centering in war, money, and media (also in ~100 other crucial areas).

Perhaps the easiest of these crimes to explain, document, and prove is the history of unlawful US Wars of Aggression all on easily-proved lies known to be false as they were told is

Because all of our families sacrificed through two world wars, the damning facts of US “leadership” lies to send US military to commit unlawful Wars of Aggression is enough to demand arrests of those political and media “leaders.”

And that said, let’s look at four areas of damning facts of US “leadership” crimes in context of the Bundy spark to patriot actions:

1. US “leaders” steal Americans’ homes through MERS bankster mortgage fraud.
2. The US claims to own over 80% of Nevada from lie-started, treaty-violating, unlawful war on Mexico.

Apr 16 18:56

Why the hell is Belgium buying so much US debt?

Apr 16 17:28

Hyperinflation - Joseph T. Salerno, Mises

Apr 16 16:02

Ode to Harry Reid

Ode to Harry Reid

Humor/Satire

by Zen Gardner - Apr 15, 2014
15 127
Here’s to you, Harry….

Harry Reid, you bastard, yes all are agreed

Your concerns for us all are so bullshit indeed

How such a douchebag can have this control

Reminds me of one thing, a thing called a troll

You’re clearly all in it for personal gain

A financial windfall or power regained

You couldn’t be lower on the evolutionary chain

And yet you keep at it, Harry, again and again......

Apr 16 13:44

The government is coming after you…even if you did nothing wrong.

You never think about physical therapists as being a danger to society, or the country, but that’s the new campaign spearheaded by Medicare and the government.

Physical therapists are the “flavor of the month” in the government’s pursuit for more monies in this never ending saga of Medicare running out of money. Considering that these fines are running into the millions and possible prison sentences, this “fight against fraud” has become a very serious matter for our profession.

Apr 16 13:32

Matt Taibbi: The Super Rich Have Become 'Untouchables'

Earlier this month, attorney James Kidney, who was retiring from the Securities and Exchange Commission, gave a widely reported speech at his retirement party. He said that his bosses were too, quote, "tentative and fearful" to hold Wall Street accountable for the 2008 economic meltdown. Kidney, who joined the SEC in 1986, had tried and failed to bring charges against more executives in the agency’s 2010 case against Goldman Sachs. He said the SEC has become, quote, "an agency that polices the broken windows on the street level and rarely goes to the penthouse floors. ... Tough enforcement, risky enforcement, is subject to extensive negotiation and weakening," he said.

Well, for more, we turn to our guest, Matt Taibbi, award-winning journalist, formerly with Rolling Stone magazine, now with First Look Media. His new book is called The Divide: American Injustice in the Age of the Wealth Gap.

Webmaster's Commentary: 

Remember that kid who while drunk driving killed a bunch of pedestrians and was spared prison because his lawyer said his privileged upbringing and all that money had harmed his ability to deal with the world in a respectful way? It was called the "Affluenza defense."

Apr 16 13:31

Feds accused of leaving trail of wreckage after Nevada ranch standoff

Feds Destroyed Water Lines, Fences, Water Tanks, Killed Two Prized Bulls During #BundyRanch Standoff

"They had total control of this land for one week, and look at the destruction they did in one week," said Corey Houston, friend of rancher Cliven Bundy and his family. "So why would you trust somebody like that? And how does that show that they're a better steward?"

Apr 16 13:26

Taxation Without Consideration

Apr 16 12:45

Russian economy hit by Ukraine fallout; 0% growth in 2014 possible

Russia's economy has been hit hard by the Ukraine crisis, prompting finance officials to cut growth forecasts for this year to near zero and draining the country's hard currency reserves as investors flee an uncertain market, Kremlin officials disclosed Wednesday.

Apr 16 12:41

"Shocking" rise in food parcel handouts in UK blamed on welfare reforms

Britain's largest food bank provider, the Trussell Trust, says it has handed out more than 900,000 food parcels in the last year, up from 350,000 the year before, a rise it calls "shocking". The Trust has blamed rising prices and government changes to the welfare system for some of that increase, saying delays in providing payments mean people are going hungry.

Apr 16 12:30

Italy's poor forced to live in squats / Clashes as Rome police move to evict squatters

Italy's recession, the worst since World War II, has had a devastating effect on many ordinary Italians, squeezed hard by tax rises and an alarming unemployment rate, currently at a record 13 percent. The country's traditional family support network has come under increasing strain, and rights groups say more should be done to turn the capital's unused public offices and empty army barracks into council houses.

Clashes broke out at an abandoned office block in Rome on Wednesday as scores of riot police moved to evict some 350 poor families who had occupied the building because of a chronic housing crisis in the city.

Apr 16 12:13

Why Are Top Entergy Executives Selling Their Own Stock?

Tuesday, GreenWorld broke the story of a recent pattern of stock sales by top executives at Entergy, the nation’s second-largest operator of nuclear power stations. The CEO, CFO, Chief Accounting Officer, and Senior VPs for Government Affairs and Human Resources have all sold large amounts of their stock in Entergy, with CEO Leo Denault unloading over 55% of his shares in December and CAO Alyson Mount selling 46% of hers on April 9.

Apr 16 12:08

FALLOUT SHELTER / You Will Need One

Apr 16 11:46

Bryan Fischer tells poor people: ‘Kiss the ground’ beneath the richest 1 percent

Bryan Fischer, the director of Issues Analysis for the fundamentalist American Family Association (AFA), said on Tuesday that people who used welfare and other government services needed to “kiss the ground” beneath the richest 1 percent of Americans.

Webmaster's Commentary: 

It was those 1% money-junkies that PUT those Americans on food stamps and welfare!

Apr 16 11:30

The Mass Marketing Campaign For World War III

Published on Apr 16, 2014

The establishment has begun a new mass marketing campaign for World War III, equating Vladimir Putin with Adolf Hitler.

The fact that the current crisis in Ukraine was instigated by a US-backed coup which toppled a democratically elected government has been conveniently forgotten.

Apr 16 11:28

Even The US Government Will Abandon The Dollar

Jeff Berwick
Activist Post

For millions it is already too late.

They won't realize the geopolitical winds which are now blowing. Off in their own lala land, the average American will be focused on sports, celebrities, what the right amount of stealing (taxes) in society is, gay rights, which foreign countries "we" should bomb next, the first woman president, and so on and so forth, while their livelihoods are sacrificed in the name of the US government.

They will wake up one morning, and their prospects will be gloomier than they are now. Don't think such a thing happens? This exact thing just happened in the Ukraine. Devastation. People wake up one morning and suddenly everything they had worked so hard for is gone. "Oh, but that's Ukraine!" you might say. "Not here in the US."...

Apr 16 11:08

Report: Bedroom tax has left 50 per cent of tenants in arrears - but savings aren't being made

The study said the “bedroom tax” and wider welfare reforms introduced by Iain Duncan Smith, the Work and Pensions Secretary, were forcing tenants to choose between “heating and eating.” Three in four had cut back on food bills. “Tenants are experiencing poverty, anxiety, debt and health problems. Food banks are becoming essential. People rely on family and friends for help. Tenants and landlords expect evictions to rise,” it said.

Apr 16 11:04

Britain's hunger crisis: One MILLION food parcels handed out despite UK having sixth richest economy

Campaigners last night demanded David Cameron scrap his savage welfare reforms after the number of emergency food parcels handed out soared to more than a million.

Furious anti-poverty groups and church leaders said it was beyond belief that people in 21st century Britain are going hungry and relying on charity.

The number of food parcels given out last year by the Trussell Trust alone nearly tripled from 346,992 to 913,138. And 330,205 of those went to children.

Apr 16 11:03

Banks rip-off: £3bn overdrafts bill to be probed - it can be cheaper to take out payday loan

Watchdogs are to investigate the £3billion-a-year banks rake in from rip-off overdraft rates.

More than a third of the money banks make from current accounts comes from interest and charges when customers go overdrawn.

Research shows going over the limit can work out more expensive than borrowing from payday lenders.

Apr 16 10:59

Top 17 Reasons To Own PHYSICAL Gold Right Now

Apr 16 10:58

Cash-rich global firms face calls to crack open war chests to prop up the global economy

Impatient shareholders are calling on the world’s top firms to start spending some of the eye-popping $2.8 trillion in cash built up since the financial crisis, as analysts warn that their thriftiness could be holding back global growth.

The combined war chests held by companies including Apple, Google and Samsung — roughly equivalent to the size of France’s economy — has swelled since the 2008 global downturn hammered stock markets and saw nervous firms pinching their pennies as they waited out the storm.

But even as markets bounced back and business confidence recovered, the cash piles kept growing.

Apr 16 10:51

BRICS countries to set up their own IMF

Very soon, the IMF will cease to be the world's only organization capable of rendering international financial assistance. The BRICS countries are setting up alternative institutions, including a currency reserve pool and a development bank.?

The BRICS countries (Brazil, Russia, India, China and South Africa) have made significant progress in setting up structures that would serve as an alternative to the International Monetary Fund and the World Bank, which are dominated by the U.S. and the EU. A currency reserve pool, as a replacement for the IMF, and a BRICS development bank, as a replacement for the World Bank, will begin operating as soon as in 2015, Russian Ambassador at Large Vadim Lukov has said.

Webmaster's Commentary: 

"You can't DO that!!!!!" -- Official White Horse Souse

Apr 16 10:50

Income Inequality Institute Will Pay Paul Krugman $25,000 Per Month

Apr 16 10:38

Phantom Gold Inventories: Has The Comex Already Defaulted?

However, as investors were liquidating 10’s of millions of ounces of what the bankers call “gold”; the Comex’s gold inventories didn’t rise by 10’s of millions of ounces. In fact those inventories didn’t rise at all – they collapsed. This seemed to indicate that investors were redeeming their GLD paper, and extracting real, physical gold to replace it.

Recent evidence, however, suggests an entirely different interpretation of the precisely synchronized collapse in holdings of the banksters’ paper-called-gold and “official” Comex inventories.

Apr 16 10:32

GM Seeks Lawsuit Protection For Conduct That Occurred Before 2009 Bankruptcy

General Motors revealed in court filings late Tuesday that it will soon ask a federal bankruptcy judge to shield the company from legal claims for conduct that occurred before its 2009 bankruptcy.

Webmaster's Commentary: 

Under our current fascist government, they will probably get it!

Apr 16 10:09

In Many Cities, Rent Is Rising Out of Reach of Middle Class

In Miami, average rents consume 43 percent of the typical household income, up from a historical average of just over a quarter.

Apr 16 09:19

Mega oil field discovered in southern Russia

Ah! So!

A new oil field with roughly 300 million tons of oil and 90 billion cubic meters of gas has been discovered in the Astrakhan region of Russia.

“The field’s reserves are unprecedented, this discovery confirms the high potential of the Astrakhan region in terms of these major discoveries,” Sergey Donskoy, Russia’s Natural Resources Minister said on Wednesday.

Apr 16 08:53

Gold is moving West to East...What is the World Trying to Tell Us?

Everyone knows that the sun rises in the East, moves across our skies, and sets in the West. Over the past few years, gold buying has also been rising in the East and moving in an extraordinary migration away from Western banks and out of the hands of Western investors. Central Banks in the Far East, the Middle East and Russia have been stockpiling physical gold … as the West has held onto stakes of paper ETF’s, futures contracts, and the unbacked dollar.

Webmaster's Commentary: 

But when the US Ponzi scheme collapses, rest assured the corporate media will say it was all an evil Chinese plot!

Apr 16 08:48

Glaring Q.E. Failure Spotted

Money Velocity continues to fall rapidly in both the USEconomy and that of Canada, reaching 50-year lows in the Untied States. The indication is failure in monetary policy, as hyper inflation has killed capital on an extensive basis. The capital destruction is in its fourth year, probably having reached critical mass. Compared and contrasted with fast rising money supply, the systemic failure is obvious to conclude. The exception is to morons, Wall Street junkies, Big Bank criminal elite, and USGovt hacks. The fast decline in Money Velocity means that it is not moving in the body economic. The reason is simple. The blood system is contaminated with the USDollar, a toxic currency with no backing in a hard asset. The new money is toxic currency under phenomenal debasement by its own steward, the USFed itself. They redouble their harmful policy instead of abandoning it.

Apr 16 06:39

Bank of America Swings to Quarterly Loss on Legal Costs

Bank of America swung to a first-quarter loss of $276 million, as legal expenses related to the financial crisis mounted.

The bank said on Wednesday that its litigation expenses increased to $6 billion in the quarter

Apr 16 05:44

France is the new cauldron of Eurosceptic revolution

Britain is marginal to the great debate on Europe. France is the linchpin, fast becoming a cauldron of Eurosceptic/Poujadist views on the Right, anti-EMU reflationary Keynesian views on the Left, mixed with soul-searching over the wisdom of monetary union across the French establishment.

Marine Le Pen’s Front National leads the latest IFOP poll for the European elections next month at 24pc. Her platform calls for immediate steps to ditch the euro and restore the franc (“franc des Anglais” in origin, rid of the English oppressors), and to hold a referendum on withdrawal from the EU.

Apr 16 05:16

BREAKING NEWS : TTIP a major change in EU/US relations

Brought to you by WTF News :)

Apr 16 04:55

Ukraine SITREP April 15, 18:30 EST update 1 (Ukrainian civil war day 1)

The Ukrainian military is told that it has to stop "terrorists". Regardless of whether they believe it or not, the Ukrainian commanding officers are more or less willing to execute that order. What they seem to be unwilling to do is kill many civilians or, even less so, take a city by force. So they stop in the outskirts and conduct very tense and unpleasant dialog with very hostile and suspicious civilians.

The Ukrainian security services are probably more willing to shoot civilians, but they seem to be really weary of entering the rebel cities, and I can't blame them. Unlike most of the barricades around the cities which are manned with civilians (including women and senior folks), some barricades and buildings inside the city are defended by armed men, some definitely with military experience, and supported by many civilian demonstrators. Any SBU force seen shooting civilians risks being killed by a lynch mob.

Apr 15 23:31

The Global Banking Game Is Rigged, and the FDIC Is Suing by Ellen Brown

Taxpayers are paying billions of dollars for a swindle pulled off by the world’s biggest banks, using a form of derivative called interest-rate swaps; and the Federal Deposit Insurance Corporation has now joined a chorus of litigants suing over it.

Apr 15 21:01

Fighting back against corporatocracy and Big Monopolies

"Freedom" and "democracy" are useful words, but very bankrupt: useful because they serve to advance imperial/corporate agendas, bankrupt because they are empty vessels perennially co-opted.

When illegal coups are orchestrated to overthrow democratically elected governments in Venezuela, Honduras, Ukraine or elsewhere, the lies of freedom and democracy are seamlessly attached to the criminal acts.

"Freedom" and "democracy" are still cloaking, tacitly or overtly, mass murder and genocide in Iraq, at this moment.

As long as the masses are fooled, conquest and regime change, not democracy and freedom, are enabled and perpetuated. Illegal coups and wars of aggression are about imperial control, setting up puppet dictators and the imposition of neoliberal economic business models for the corporate extensions of the invading nations.

Apr 15 20:02

The Slow Death Of The Old Global Order:

What’s most troubling about all this is that today’s national leaders seem utterly lacking in any serious consciousness of just how dangerous the global situation is

Apr 15 17:21

Meltdown America: A Warning From Survivors

Jeff D. Opdyke
Activist Post

“Those who cannot remember the past are condemned to repeat it.” — George Santayana

There’s a perception in our country that America is so exceptional that the trials and tribulations — and outright social catastrophes — that rock other countries in the world simply cannot happen on our shores. We’re the biggest, the strongest, the richest. We are America. And we have divine immunity.

Ahh, the power of the mind to mask the facts we refuse to accept...

Apr 15 16:54

The Obamacare Taxman Cometh (Again)

The latest and greatest Affordable Care Act revenue raisers include an excise tax on medical devices, an increase in the Medicare payroll tax from 2.8 to 3.8 percent for couples earning more than $250,000 annually, and limits on flexible spending accounts.

This chart from the Heritage Foundation is slightly older, so its totals aren't quite up to the minute, but it gives you an idea of the tax hikes included in the law, the dates they go into effect, and the amount of revenue they are expected to raise.

Webmaster's Commentary: 

If there are these huge tax increases to pay for Obamacare, then why did the insurance rates skyrocket and the deductibles go through the roof?

Someone is making a ton of cash on this deal!

Apr 15 16:36

Flashback: Insider: CIA Orchestrated Operation Fast and Furious -gov allowed Mexican drug cartel to import tons of cocaine

August 2011

Washington Times journalists Robert Farago and Ralph Dixon cite a “CIA insider” to make the claim that Operation Fast and Furious was a Central Intelligence Agency-orchestrated program to arm the Sinaloa drug cartel, a group that was also given the green light to fly tons of cocaine into the United States.

Apr 15 16:32

RIP Mike Ruppert

On November 15, 1996, there was a town meeting in Los Angeles on allegations of CIA involvement in drug trafficking. Former Los Angeles Police Narcotics Detective Mike Ruppert seized the opportunity to confront then CIA Director John Deutch

related: MUST SEE

CIA Drug Ops Conspiracy-Unaired Documentary

Apr 15 16:17

The IRS is said to be data mining Facebook, Instagram, Twitter, and other sites for info that could come handy in audits.

"It seems they may be using predictive analytics," University of Pennsylvania's Annenberg School of Communication Professor Joseph Turow told Marketplace.

Apr 15 14:13

Making Money the Measure of Politics – The US Supreme Court is Pushing Forward the Legalization of Bribery

U.S. pundits decry countries like Iran as undemocratic for having a screening process for candidates to high office. But U.S. politicians must pass muster with wealthy donors to be considered serious candidates, a system that the Supreme Court just made worse.

Apr 15 12:32

Comex Lies, Manipulates The Price Of Silver

Silver, along with gold has been manipulated for years, if not decades.

This news comes as no surprise to those who have invested in the precious metals market.

We know that those who would like to see the metals lowered are able to sell unlimited amounts of “paper contracts” in an attempt to artificially push the price lower in the short term.

Apr 15 11:45

Social Security, Treasury Stealing Every Last Penny From Americans

Jeff Berwick
Activist Post

All of a sudden the government lays claims to your savings. They can't prove you owe them a dime, but you're deprived due process. The legal bills become overwhelming, and so you let your money be stolen. You simply have no choice.

Sound outlandish? It's not. Not in the "Land of the Free" at least.

For example, the US government began intercepting Mary Grice's tax refunds without any warning this tax season. Grice was unaware of the situation until she got a letter stating that her refund had gone to satisfy old debt to the government. Very old debt...In fact, debt she didn't even know about...

Apr 15 10:46

The Death of Money with Jim Rickards

Apr 15 09:59

EXCLUSIVE: FBI blocked in corruption probe involving Sens. Reid, Lee

Agents quietly working with Utah prosecutors to make case in DOJ absence

Apr 15 08:46

Industry physician: "Gardasil will be the greatest medical scandal of all times"

by Sandy Lunoe

The temperature of the heated controversy concerning Gardasil was recently raised even more when Dr. Bernhard Dalbergue (France), former pharmaceutical industry physician with Merck, recently predicted that the vaccine will become the greatest medical scandal of all times.

In an interview in the April 2014 issue (no. 66) of the magazine Principes de Santé (Health Principles), Dr. Dalbergue, who has worked for over twenty years with the industry, describes the widespread corruption and his concern that the health of patients is sacrificed on the altar of profitability...

Apr 15 08:13

The IPO Scam & Why Stock Fundementals Lie

Apr 15 07:56

Predictably, Central Bankers Suggest the 'S-Word' ... Securitization

So Europe's central bankers have decided that the only way to revitalize the European economy – especially Southern Europe – is via securitization of assets.

This we learn from Jeremy Warner, assistant editor of The Daily Telegraph, and author of the article excerpted above. Is it possible that Mr. Warner did not think up this thesis all by himself?

Is it possible that it was, ahem ... suggested to him?

Apr 15 07:53

Axel Merk. "Too Much Debt."

Apr 15 07:38

Palladium Soars to 32-Month High On Supply Fears

Together, Russia and South Africa make up nearly 80% of the world’s palladium supplies. Given the current instability, investor concerns are primarily on the supply side.

Apr 15 07:28

Close the Billionaire Tax Loophole

If our leaders want to balance the budget, here’s a suggestion: Congress can scrap a new “Paris Hilton” giveaway that’s draining billions of federal tax dollars.

This giveaway takes the form of a complex tax loophole designed to circumvent the federal estate tax, one of the few ways a democratic society can reduce extreme wealth inequality.

The estate tax is a levy on inheritances that multi-millionaires and billionaires leave behind when they pass away. It affects only the wealthiest two out of every thousand U.S. taxpayers — individuals with at least $5.34 million to their name, or $10.68 million for a couple.

Apr 15 07:22

Are You Aiding and Abetting the IRS?

Jamie Lee
Activist Post

"Aiding and abetting is an additional provision in United States criminal law, for situations where it cannot be shown the party personally carried out the criminal offense, but where another person may have carried out the illegal act as an agent of the charged, working together with or under the direction of the charged party, who is an accessory to the crime."

If you drive a car, I’ll tax the street,
If try to sit, I’ll tax your seat,
If you get too cold, I’ll tax the heat,
If you take a walk, I’ll tax your feet,
~’Taxman’ George Harrison

“The hardest thing to understand in the world is the income tax.” Albert Einstein

Apr 15 07:19

Meet the secretive electronic trading pool Goldman Sachs is considering dumping

It launched the platform in 2006 with the idea of creating its own alternative trading system that could discreetly match buyers and sellers of big blocks of securities without widely publishing the bid and ask

Apr 15 07:16

Triple Whammy Shocker: Goldman Shutting Down Sigma X?

Back on March 21, before the release of Michael Lewis' Flash Boys and before the infamous 60 Minutes interview, when Goldman COO Gary Cohn wrote his infamous WSJ Op-ed bashing HFT, it was clear that something was afoot. That something became promptly clear when it was revealed that Goldman is among the core backers of the pseudo dark-pool IEX exchange popularized as the protagonist in Flash Boys, and juxtaposed to the frontrunning, and faceless, HFT antagonist that Lewis maanged to demonize so well in the span of a few hundred pages, he promptly provoked a renewed investigation by the FBI, the SEC and DOJ into HFT.

Apr 15 07:11

3 Months After Pot Legalized - Denver Property crime is down- Violent crimes are down

Three months following Colorado's decision to legalize the production, sale, possession and use of recreational marijuana — a vote that Denver city officials including Mayor Michael Hancock, among others, fought kicking and screaming — guess what's happened to Denver crime rates in 2014?

Apr 15 07:04

Oligarchy, not democracy: Americans have ‘near-zero’ input on policy – report

The first-ever scientific study that analyzes whether the US is a democracy, rather than an oligarchy, found the majority of the American public has a “minuscule, near-zero, statistically non-significant impact upon public policy” compared to the wealthy.

Webmaster's Commentary: 

This is called (especially today) "Taxation without representation" and I was taught in grade school that this is a good reason to fire the government.

Apr 14 22:42

Spanish builders made 'slaves' by German firm

Wages below the legal minimum, contracts in a language they don't understand and blackmail tactics to keep them quiet: just some of the problems a group of Spanish builders in Holland contracted by a German firm have decided to speak out.

Apr 14 17:10

America: Freedom to Fascism - Full

Webmaster's Commentary: 

If you have not watched this, watch it now, then share it with everyone you know.

Apr 14 17:08

The Great Decoupling: How the West is Engineering its Own Downfall

James Corbett
Activist Post

Reports out of Moscow indicate that Russia is on the verge of signing the “holy grail” of gas deals with China. The deal between Russian state-owned gas firm Gazprom and Beijing would see as much as 38 billion cubic meters of natural gas per year flowing through the first proposed Russia-China pipeline by 2018. The agreement has apparently been in the works for years, but recent events on Moscow’s western flank (read: the Ukrainian situation) has moved the timetable on the plan up dramatically, with the last sticking point being the price. If the deal is signed next month during Putin’s state visit to China, as many analysts are speculating will happen, it will be a significant event not only economically, but geopolitically...

Apr 14 14:11

This Chart Shows Us How Bad The Economy Really Is: “Flashing Red Warning”

Recent weeks have led to a fairly significant drop in stock valuations, with many expert analysts struggling to figure out exactly why it’s happening. You’ll hear them cite the weather, or market overreaction, or any number of reasons for why stocks have seen their share prices reduced and why they’ll be rebounding in the near-term.

What they won’t show you on mainstream financial channels is what’s really happening behind the scenes.

Forget about all the minute-by-minute noise for a moment and take a look at the following chart. It gives a very simple overview of earnings growth trends for stocks listed on the S&P 500 on a quarterly basis.

Last year saw what analysts would call fairly robust growth, and they had no problem citing these numbers for evidence of economic recovery.

We’re curious what they’d call it now, considering this chart shows a massive collapse in earnings per share growth across the board.

Apr 14 14:03

Google Beats Facebook to Acquire Solar Drone Company

Nicholas West
Activist Post

I previously reported on Facebook's interest in Titan Aerospace, a solar drone company that could presumably facilitate a truly World Wide Web that would cover the globe with a blanket of aerial communication.

It now appears that Google has taken the lead, purchasing the company for what some speculate is more than the initial price of $60 million dollars that was being considered by Facebook.

Business Insider has provided some of the known details about how Google might use this new acquisition...

Apr 14 13:00

CBO Issues Dire Debt Warning of 'Fiscal Crisis'

New figures by the Congressional Budget Office released on Monday reveal that over the next 10 years the U.S. debt-to-GDP ratio will double to 78%.

Webmaster's Commentary: 

But that is based on the official claim that the debt is just $17 trillion. But the real debt, including unfunded mandates, is actually above $220 trillion.

Apr 14 12:55

The Global Banking Game Is Rigged, and the FDIC Is Suing

Taxpayers are paying billions of dollars for a swindle pulled off by the world’s biggest banks, using a form of derivative called interest-rate swaps; and the Federal Deposit Insurance Corporation has now joined a chorus of litigants suing over it.

Apr 14 12:43

Germany shuts scheme for young unemployed because of overwhelming demand

Germany said on Monday it would no longer accept applications for a programme to attract young Europeans to its job market due to overwhelming demand from crisis-ravaged countries.

Apr 14 12:20

Is This New Device a Solution for Free Clean Drinking Water?

by Kevin Samson

Fresh water supplies are under assault on multiple fronts. Front page news at the moment are the effects of the ongoing droughts in California and Brazil - both are incredibly important areas to the global food supply.

At the same time, corporate hoarding of fresh water is on the rise. At the heart of this initiative to make water a commodity is Nestle, whose former CEO clearly stated that water supplies should be privatized and that the right to fresh, clean water is not an essential human right. It becomes a dangerous possibility that companies such as Nestle would hoard supplies in order to artificially increase demand...

Apr 14 12:17

Romanian villagers take on Chevron over fracking

US energy major Chevron, shielded by barbed wire, under police protection and under fire from egg throwers, is in trouble in Romania with villagers angry at its drive to drill for shale gas.

Opposition is fierce in the tiny remote village of Pungesti near the border with Moldova which has become a symbol of hostility to the environmentally controversial techniques of extracting shale gas.

Apr 14 11:57

14 Common Food Storage Mistakes and Goofs

by Gaye Levy

Waste is not in my vocabulary. Even before it was considered environmentally responsible to recycle, I would snatch paper out of the trash and re-use the back side before sending it off to the trash bin. The same thing applied to food. I simply hated to waste those bits and scraps of leftovers and eventually found a use for them in what I call “garbage soup”. To this day, the dibs and dabs of leftovers are combined to make the most delicious soups you can imagine.

For many of us, an aversion to being wasteful is the a result of having too little money in our younger days. Like many of you, I have worked from the time I was a teenager and never took anything I had for granted. Scrimping and saving for rainy days is ingrained in my DNA.

Apr 14 11:30

Iran Inaugurates Direct Shipping Line to China

"Direct transportation of goods between Bandar Abbas port and Dalian and Lianyungang ports in China and vice versa provides better services and create competitive advantages for the cargo owners," Managing-Director of the Islamic Republic of Iran Shipping Lines Company for Transportation with Containers Captain Hamzeh Keshavarz said.

"Decreasing the time of transit, cancelling the feeder and transshipment operations, reciprocity fees and the possibility to present lower prices, direct supply of goods from Dalian customs office and persuading cargo owners in Iranian ports to ship their commodities through the national container line are among the advantages of the inauguration of this line," he added.

Iranian and Chinese officials have on several occassions underlined the need for the further expansion of bilateral relations and exchanges, specially in trade fields.

Apr 14 11:04

Europe drafting joint response to Putin's message

The draft of a joint response to the letter of Russia's President Vladimir Putin on the situation involving Ukraine's debt for Russian gas will be prepared on Monday, April 14, Poland's Foreign Minister Radoslaw Sikorski said.

Apr 14 10:49

"Give Me Your Sandwich" Great Explanation of ObamaCare

Dinesh D'Souza & Michael Shermer in debate at Oregon State University. Questions from the student body regarding Universal Health Care / ObamaCare.

Apr 14 10:41

What is Money? | Mark Thornton

Apr 14 10:20

Taxi Companies Sue For Protection From Ridesharing Smartphone Apps

Taxi industry has gone to courts to protect their monopoly.

My City, Columbus OH suing them as well

Where are the green weenies?

Apr 14 10:18

Obama has Proposed 442 Tax Hikes Since Taking Office

Since taking office in 2009, President Barack Obama has formally proposed a total of 442 tax increases, according to an Americans for Tax Reform analysis of Obama administration budgets for fiscal years 2010 through 2015.

The 442 total proposed tax increases does not include the 20 tax increases Obama signed into law as part of Obamacare.

Apr 14 10:06

Paul Buchheit: The United States Presides over a World Ruptured by Economic Inequality

Paul Buchheit, a progressive American writer and activist, says that economic inequality is growing in the United States on a daily basis while the U.S. government continues to spend enormous amounts of money on military expeditions across the world.

Apr 14 09:57

Sen. Bernie Sanders: Americans are losing faith in the political system

Vermont U.S. Senator Bernie Sanders warned that a growing number of Americans were losing faith in the political system at a New Hampshire site that often hosts presidential primary debates. But he said he is “many, many months” away from deciding on a White House run.

Webmaster's Commentary: 

No, Senator Sanders: we have already completely lost faith in a system which is of the corporations, by the corporations, and for the corporations.

No one in Congress gives a damn about their alleged constituents, but they always have time for the corporate representatives which fund their election cycles.

Were I much younger, with a good skill set, I would be working as diligently as humanly possible to get the hell out of the country right now, because, sir, we both know what is coming, courtesy of lousy US domestic, fiscal, and foreign policies; either a world war, or a complete collapse of the US economy.

Apr 14 09:37

Dumping the Dollar: Russian oil firm Gazprom Neft says Asian buyers willing to use euros

Russian state-controlled oil producer Gazprom Neft said it had received positive responses from Asian clients about the possibility of using euros as a settlement currency instead of the dollar.

Company head Alexander Dyukov said this week Gazprom Neft had broached the idea of dropping the dollar, traditionally the currency of choice for the global energy sector, in response to a possible new round of Western sanctions over Russia’s annexation of Crimea.

He said the company had discussed with buyers the possibility of switching contracts to euros and that 95 percent had said they were ready to do it. Gazprom Neft ships around 30,000 barrels per day of oil eastward.

Webmaster's Commentary: 

The Russians may well crash the US economy and the US dollar without firing a shot, if this moves forward.

Apr 14 09:37

How To Get a Job Despite the Economy

An entire new feedback loop of accreditation is necessary in the economy we have, and fortunately that feedback is within our individual control.

And what characterizes the economy we have?

It's bewildering because nothing works like it's supposed to. For example, getting a college degree was supposed to guarantee a good job and an 80% lifetime wage premium over people without college degrees.

Apr 14 08:18

Lawmakers, Utah sheriffs want to rein in renegade BLM, Forest Service officers

SALT LAKE CITY — Multiple rural county sheriffs from Utah testified Thursday about the abusive use of police power by Bureau of Land Management rangers or forest protection officers with the U.S. Forest Service.

They are asserting it is time to rein in the authority the agencies should have never been allowed to exercise.

Apr 14 08:06

Overflowing U.S. Private Prisons, by the Numbers (w/Infographic)

Joe Wright
Activist Post

The predatory corporate prison enterprise aims to privatize profits and socialize losses. This combination has led to a situation where correctional facilities have only one incentive: ensure that new bodies arrive as fast as possible, and keep them in a state of indentured servitude for as long as possible.

As you'll see, the bodies are indeed arriving quickly to fill the coffers of those who are reaping massive profit from caging as much of the public as they can get away with...

Apr 14 07:58

Insiders Tell All: Both the Stock Market and the SEC Are Rigged

Since bestselling author Michael Lewis appeared on 60 Minutes on March 30 to promote his new book, “Flash Boys,” and explained how the U.S. stock market is rigged; and Brad Katsuyama, the head of IEX, an electronic trading platform who plays a central role in the Lewis book, did the same on CNBC a few days later, the debate has gone viral.

But Lewis and Katsuyama were not the first to blow the whistle on rigged U.S. stock markets. Sal Arnuk and Joseph Saluzzi, Wall Street insiders and co-founders of Themis Trading LLC literally wrote the book on “Broken Markets” in 2012 and have been exposing details of the rigging on their blog ever since.

Apr 14 07:52

Jim Rickards: Money Printing Will Destroy Confidence At Some Point

In a recent online presentation organized by bullion service provider GoldCore, Jim Rickards explained the current economic environment and what it means to gold investors. His main premise is that central bank intervention is very destructive in the long term and that there is no economic recovery. Gold investors should keep part of their wealth in physical form, not as an investment, but rather as wealth protection.

Apr 14 07:52

Russia Hints At Ushering In A New Gold Backed Ruble

This action comes in response to JPMorgan entering the economic battlefield and blocking Russian wire transfers.

Apr 14 07:48

BLM Selling Out America

Real estate expert Fabian Calvo thinks the recent standoff between the Bureau of Land Management (BLM) and Nevada cattle rancher Cliven Bundy is about much more than grazing rights. Even though this standoff is over, we find out It’s really about sweetheart deals for federal land. Calvo says, “The hair on the back of my neck stood up when I was doing research for this and speaking to some of my contacts on Wall Street. The BLM is part of the Department of the Interior, and look at what they have been doing? Through the BLM, the Department of the Interior has been confiscating land and going after land, for example, in the high desert in California and all over the place. What I am hearing is they are categorizing this land for future collateralization or to sell off. In the Weimar (Germany) hyperinflation, after the hyperinflation, what did they back their currency with? They backed it with mortgages and they backed it with land.

Apr 14 07:47

Reports: Company Tied to Reid's Son Wants Land in Bundy Standoff

The Nevada rancher who forced the federal Bureau of Land Management to back down last week may have been targeted because a Chinese solar company with ties to Sen. Harry Reid's son wants the land for an energy plant, several websites report.

Apr 14 07:47

Australian shares are being manipulated, say researchers

Market manipulation appears to be rife on the Australian sharemarket when compared to other major markets around the world, according to the country's leading market researchers.

The dramatic price spikes which occur just before the markets close at 4pm – the strongest proxy of market manipulation – are being used to boost bonuses for rogue fund managers, the researchers claim.

Apr 14 07:45

Russia Declares War on U.S. Dollar

Through Gazprom, Russia is openly declaring war on the U.S. dollar and its long-standing role as the settlement currency in global oil transactions. Ukraine is yet another proxy war for the U.S. and Russia. Now, however, the long knives are coming out.

Apr 14 07:32

Secret anti-BDS meeting held in UK capital

The British capital has hosted a secret meeting attended by 25 countries to counter international calls to boycott Israeli regime’s products.

The meeting, which was held in London this week, lasted for three days and was attended by UK's former Parliamentary Undersecretary of State for Foreign and Commonwealth Affairs Alistair Burt and the Israeli Intelligence Minister Yuval Steinitz, UPI reported on Friday.

The report said the participants included the United States, Australia, and Canada, in addition to a number of European states.

Apr 14 07:27

Another Phony Budget Debate

Anyone watching last week's debate over the Republican budget resolution would have experienced déjà vu, as the debate bore a depressing similarity to those of previous years. Once again, the Republicans claimed their budget would cut spending in a responsible manner, while Democratic opponents claimed the plan's spending cuts would shred the safety net and leave vital programs unfunded. Of course, neither claim is true.

The budget does not cut spending at all, and in fact actually increases spending by $1.5 trillion over ten years. The Republicans are using the old DC trick of spending less than originally planned and calling that reduced spending increase a $5.1 trillion cut in spending. Only in DC could a budget that increases spending by 3.5 percent per year instead of by 5.2 percent per year be attacked as a "slash-and-burn" plan.

Apr 14 07:20

Russia, Kazakhstan and Belarus to have new joint currency by 2025

In May 2014, presidents of Russia, Kazakhstan and Belarus will sign an agreement on the establishment of the Eurasian Economic Union. Sections 9 and 11 the agreement, the draft of which is available on the official website of the Russian Ministry for Economic Development, are devoted to the joint monetary policy and financial markets. During the first stage, it is planned to set up an advisory board of the heads of central banks of participating states. The banks would be responsible for the rate of national currencies, regulation of banking and insurance activities and the harmonization of the securities market.

Apr 14 06:56

Greece: Can It Get Even Worse?

While the German public opinion, courtesy of the debate in the run up to the next political elections, is discovering the fact that Greece will be needing a third bail out, a team of economists from the US – based Levy Institute describes how things look like from the side of Greece.

The Levy Institute economists start by observing that the changes in government revenue and expenditure which are projected for the next years in the latest troika reports are far too optimistic. The key problem is that the internal devaluation of wages is not working and will not produce export growth any time soon. This implies that the scenario the troika is counting on will not materialise: Employment and unemployment trends will not turn the corner shortly and the public deficit will not be reduced down to near zero by 2016.

Apr 14 06:10

The Bears Are Back

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