Oct 06 08:17

Geo-political Syria chess: demanding arrests of US .01% War Criminals finally, or you prefer gambling toward WW3?

This is why in the ongoing geo-political chess game, I assert these facts are certain and actionable to demand arrests of US .01% “leaders” now in order to avoid risk of WW3:

Unlawful and lie-began wars,
So-called “money” that is actually debt that creates accelerating and unpayable total debt.
Destruction of nearly all rights lawfully guaranteed in the US Bill of Rights within the US Constitution.
“Covering the crimes” with lies by corporate media.

Oct 06 08:10

A Liquidity Crisis Hit The Banking In September

Something occurred in the banking system in September that required a massive reverse repo operation in order to force the largest ever Treasury collateral injection into the repo market. Ordinarily the Fed might engage in routine reverse repos as a means of managing the Fed funds rate. However, as you can see from the graph below, there have been sudden spikes up in the amount of reverse repos that tend to correspond the some kind of crisis – the obvious one being the de facto collapse of the financial system in 2008:

Oct 06 07:03

The Trans-Pacific Partnership: Permanently Locking In The Obama Agenda For 40 Percent Of The Global Economy

We have just witnessed one of the most significant steps toward a one world economic system that we have ever seen. Negotiations for the Trans-Pacific Partnership have been completed, and if approved it will create the largest trading bloc on the planet.

Oct 06 07:03

Stock Market Crash October 2015? 9 Of The 16 Largest Crashes In History Have Come This Month

The worst stock market crashes in U.S. history have come during the month of October. There is just something about this time of the year that seems to be conducive to financial panic.

Oct 06 07:02

Know What To Replace Fiat Money With

Oct 06 06:49

The US economy flies into the “coffin corner”, but we don’t mind!

Summary: Every year Wall Street economists see a spike in a few indicators and announce an imminent boom. This slowly fades away, leaving another year of slow growth — preventing full recovery from the crash. Readers of the FM website have seen this accurately reported since the crash, avoiding the boom-bust cycle of of crushed euphoria. Here’s a new update, as we start another slowing cycle. Eventually, inevitably, we will hit a bump that pushes slow growth to outright decline. Then, when we no longer can prepare, economic news will become exciting.

We’re in the coffin corner: can’t accelerate, can’t continue at this speed, and can’t afford to decelerate. All that maintains public confidence is the happy talk of the Fed governors and Wall Street’s gurus, at the long-term cost of destroying their credibility when it proves false. The only hint the Fed has given us is the slow downward ratchet in their forecast of US long-term growth.

Oct 05 15:12

Top 5 Reasons To Fear A Stock Market Collapse

Oct 05 14:46

Homes as ATMs: It's starting again

As home values rise, homeowners are gaining more equity on paper — and they're taking it out in paper. Cash-out refinances jumped 68 percent in the second quarter from a year ago, according to Black Knight Financial Services. This is the highest volume of this type of refinance in five years.

"People realize that refinancing these funds is extremely inexpensive and that rates will eventually rise, so they're capitalizing on the strength of home price appreciation," said Ben Graboske, senior vice president at Black Knight Data & Analytics.

Oct 05 12:21

Jews only: Arabs facing discrimination in Israeli property market

Arab Israelis say they are suffering discrimination in the city of Jaffa, as they are being refused the right to buy property.

Oct 05 11:29

Five Leaders Challenging Western Imperialism through Diplomacy, Persuasion,and Public Pressure: Pope Francis, Vladimir Putin, Xi, Jinping, Hassan Rouhani, and Jeremy Corbyn

These five protagonists of a new global agenda differ from past critics from the left both in the style and substance of their politics.

Western imperialism, in all of its manifestation, is being challenged by five political leaders, through diplomacy, moral persuasion and public pressure.

In recent time, Pope Francis, Russian President Vladimir Putin, Chinese President Xi Jinping, Iranian President Hassan Rouhani and Labor Party leader Jeremy Corbyn have raised fundamental questions concerning (1) war and peace in the Middle East and the Caucuses; (2) climate change and the destruction of the environment; (3) economic sanctions, military threats and confrontation; and (4) growing inequalities of class, gender and race.

Oct 05 11:12


The rising number of banker suicides has been written about here before; the New York Times now focuses on the increasing number of deaths, by suicide and otherwise, on Wall Street: In retrospect, it was around Easter that John Hughes began to think something unusual was going on with his middle son, Thomas, a 29-year-old investment banker.

Oct 05 10:59

TPP Represents 'New Low' in Corporate Dominance of US Trade

International Association of Machinists and Aerospace Workers (IAM) President Tom Buffenbarger said that the TPP was negotiated in secret by multinational corporations that have no allegiance to any country, which will provide jobs to nations that lack basic human rights and labor standards such as Vietnam, Malaysia, Brunei and Mexico. "Unfortunately, the recently concluded Trans-Pacific Partnership (TPP) represents a new low in corporate dominance of our nation’s trade agenda," Buffenbarger stated. "TPP will facilitate the export of American jobs to countries…which lack fundamental labor rights, some of which even engage in slave labor." On Monday, trade ministers from the twelve countries involved in the TPP trade agreement announced that they had concluded negotiations.

Oct 05 10:57

TPP: What You Need to Know About One of the World’s Biggest Trade Deals

The deal, representing 40 percent of the global economy, will slash trade barriers and ensure a common set of standards are met among member countries Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, Vietnam and the US. Government and big business officials have praised the deal, however there has also been widespread opposition to the TPP, with trade unions and human rights activists concerned over the impacts it will have on local businesses and workers' rights. Here are some of the crucial things you need to know about the TPP.
TPP Deal to Continue Offshoring US Jobs
TPP Deal Limits Access to Affordable Medicines “A deal [TPP] that limits access to affordable medicines will have serious consequences for the US and global health standards”

Oct 05 10:39

Blind Trust: Social experiment to find out if rich & poor equally honest

The hero of this 'social experiment' pretends he is blind. He approaches people in a rich area and a poor area with a lottery ticket, to see who will be honest and tell him that he has won $500.

Oct 05 10:32

Homes as ATMs: It's starting again

Oct 05 10:26

S&P 500 Index at inflection points

Oct 05 10:22

Keiser Report: Suicide Vest of Borrowing

In this episode of the Keiser Report, Max Keiser and Stacy Herbert ask whether or not this truly is the best time in the entire history of mankind to borrow. In the second half, Max talks to Sandeep Jaitly of about negative rates and returning capital on agricultural lands.

Oct 05 10:15

UK super rich given low interest mortgages

A British economic analyst has blamed the Tory government’s policies for the country’s worsening housing crisis.

Oct 05 10:15

US Tax Dollars and Ukraine’s Finance Minister

The U.S. government is missing – or withholding – audit documents about the finances and possible accounting irregularities at a $150 million U.S.-taxpayer-financed investment fund when it was run by Ukraine’s Finance Minister Natalie Jaresko, who has become the face of “reform” for the U.S.-backed regime in Kiev and who now oversees billions of dollars in Western financial aid.

Oct 05 09:55


Earlier today amid the general gloom of Europe's sliding non-manufacturing PMIs, the one place that stood out like a sore thumb bucking the deteriorating trend, was France which not only posted an increase from August but also beat expectations.

We strongly doubt this metric has any basis in reality because among numerous other contrary-specific factors, Bloomberg reported that as part of Air France’s long-running spat with workers over cost cuts, violence erupted earlier today as protesters stormed a meeting where managers were presenting plans for 2,900 jobs cuts, causing executives to flee with their clothes in tatters.

According to the report, human resources chief Xavier Broseta and Pierre Plissonnier, the head of long-haul flights, scaled an eight-foot high fence to escape, shielded by security guards, with Broseta emerging shirtless and Plissonnier with his suit shredded.

Oct 05 09:40

38% of American Workforce Still Jobless

UMass Amherst’s Richard Wolff discusses why labor force participation is the lowest since 1977 and what’s really needed to stimulate the economy.

Oct 05 09:36

You can print money, so long as it’s not for the people

In its broadest sense, the phrase “there’s no magic money tree” is just a variation on “money doesn’t grow on trees”, a thing you say to children to indicate that wealth comes not from the beneficence of a magical universe, but from hard graft in a corporeal reality. The pedantic child might point to the discrepant amounts of work required to yield a given amount of money, and say that its value is a social construction.

Over time, that loose, rather weak-minded meaning has ceded to a specific economic critique; Jeremy Corbyn – along with anyone who challenges the prevailing fiscal narrative – is dangerous and wrong, since he wants to print money. Money cannot be created from nowhere, because there’s no magic money tree. End of.

Oct 05 09:26

Punishing Cash: US ATM Withdrawal Fees Soar To All Time High

With the world's central planners (and their status quo hugging cronies) calling for cash bans (and rather ironically helicopter money at the same time), the soaring costs of getting one's own money appears to be a quiet form of capital control creeping up on the distracted American public. As WSJ reports, the average cost for using an automated teller machine that isn’t tied to a customer’s bank rose to a record $4.52 per transaction (with average “out-of-network” cost tops $5 and can rise to as much as $8 in some places.)

Oct 05 09:19

Rising credit spreads are the latest bad omen

Oct 05 08:42

Bernanke calls for prosecutions of top financial execs over 2008 meltdown

Former Federal Reserve Chairman Ben Bernanke, who led the US through the financial meltdown of 2008, said that top financial executives should have been prosecuted for their role in creating the worst economic crisis since the Great Depression.

Oct 05 08:33

German enterprises seek entry into Iran market at the earliest

Since Iran and the P5+1 reached a nuclear deal, Tehran has welcomed many Western business delegations. A German trade team, which included the minister of economic affairs, was among these business delegations. When business comes to the international scale, the chambers of commerce become one of the main players to build networks for business leaders. In the city of Kassel, we met Mr. Kai Wittrock, the managing director of a regional commercial organization in Hessen, to ask him more about the recent developments.

Webmaster's Commentary: 

Of course, American businesses were left out while Congress tried to wreck the deal for Israel!

Oct 05 08:29

Trouble in Kingdom: Saudis Face Problems as Oil Wealth Shrinks

The oil market has dramatically changed since last summer due to oversupply in the market. In November 2014, OPEC decided to keep its oil output levels unchanged, which led to a further slump in crude oil prices.

The low oil prices forced the Saudi Kingdom to burn through their foreign reserves at an unprecedented pace. In addition to a Saudi-led airstrike campaign in Yemen, Saudi King Salman bin Abdulaziz Al Saud was pretty generous toward government workers, putting a further strain on public finances that were already damaged by the slump in oil prices.

Webmaster's Commentary: 

Saudi Arabia has paid a stiff price for going along with the US plan to attack Russia's oil economy!

Oct 05 08:26

Insider-Trading Cases Imperiled as U.S. Supreme Court Spurns Appeal

The U.S. Supreme Court let stand a major insider-trading ruling that threatens at least 10 convictions and creates what the Obama administration calls a road map for securities fraud.

Rejecting an administration appeal without comment, the justices refused to consider reinstating the overturned convictions of hedge fund managers Todd Newman and Anthony Chiasson. Among those who may benefit are SAC Capital Advisors LP’s Michael Steinberg, who is seeking to reverse his own conviction on similar grounds.

Oct 05 08:12

Donald Trump and the Federal Reserve Board

Last week, Republican presidential candidate Donald Trump released his plan for changing the tax code. Trump wants big across the board tax cuts, with the largest tax cuts going to the wealthy. He claimed that his tax cut won't lead to a loss of revenue since it would lead to a huge spurt of economic growth. His number was 6.0 percent annual growth over the next decade, topping Jeb Bush's 4.0 percent growth rate by two full percentage points.

Oct 05 07:53

World Bank sharply downgrades Ukraine’s GDP forecast

Ukraine’s economy will contract 12 percent in 2015, according to the World Bank. This is an acute drop from similar estimates in April, when the Ukrainian GDP was predicted to fall 7.5 percent.

Inflation’s going to hit 23.4 percent in 2016, considering a hike in property taxes and expectations from business, said World Bank economist in Ukraine Anastasia Golovach.

The World Bank expects the external debt of Kiev to reach 153 percent of GDP in 2015 and 134.2 percent in 2016.

Oct 05 07:44

GMO Propaganda and the Sociology of Science

At the heart of this new rhetoric by Monsanto is the popularity of technology and the status of science in our society. However, science and technology are not equivalent. Science is the systematized study of knowledge, while technology merely applies that knowledge – for good or for ill. Science and technology are all too often conflated both by the public and by scientists themselves. It cannot be overstated that upstream technological scientists are prioritized and favored while downstream toxicologists and the like are continuously monitored and intimidated because they threaten industry. (See Drs. Tyrone Hayes, Ignatio Chapela, and Gilles-Éric Séralini for just a few well-know examples of attacks on downstream scientists.) While downstream science, which may point out frightening truths about risks, can be unpleasant, upstream science is often full of the wonder and excitement of technology. The conflation of science and technology has been exploited by the GMO industry to support the acceptance of their products under the guise of scientific authority.

Oct 05 07:36

Trans-Pacific free trade deal agreed creating vast partnership

Supporters say it could be worth billions of dollars to the countries involved but critics say it was negotiated in secret and is biased towards corporations.

Oct 05 07:35

Trans-Pacific Partnership Deal Struck As "Corporate Secrecy" Wins Again

Once again the corporatocracy wins as the so-called "Trojan horse" Trans-Pacific Partnership (TPP) trade agreement has been finalized. As WSJ reports, the U.S., Japan and 10 countries around the Pacific reached a historic accord Monday to lower trade barriers to goods and services and set commercial rules of the road for two-fifths of the global economy, officials said.

For the U.S., the TPP (reportedly) opens agricultural markets in Japan and Canada, tightens intellectual property rules to benefit drug and technology companies, and establishes a tightknit economic bloc to challenge China’s influence in the region (likely forcing their hand into separate trade agreements).

Oct 05 07:04

Right Now There Are 102.6 Million Working Age Americans That Do Not Have A Job, That Is Not An Economic Recovery – That Is An Economic Depression Of An Almost Unbelievable Magnitude

The federal government uses very carefully manipulated numbers to cover up the crushing economic depression that is going on in this nation. For the month of September, the federal government told us that 142,000 jobs were added to the economy. If that was actually true, that would barely be enough to keep up with population growth. Sadly, the truth is that the real numbers were actually far worse than that.

Oct 05 05:22

Right Now There Are 102.6 Million Working Age Americans That Do Not Have A Job

That is not an economic recovery – that is an economic depression of an almost unbelievable magnitude. -- The federal government uses very carefully manipulated numbers to cover up the crushing economic depression that is going on in this nation.

Oct 05 05:11

Role Reversal in the New Cold War

This past weekend marks the twenty-fifth anniversary of the reunification of Germany, an event that formalized the end of the cold war. The so-called “German Democratic Republic,” one of the most repressive of the Soviet-imposed regimes established in the wake of World War II, was no more. It imploded without a shot being fired.

The largely bloodless revolution that swept across Eastern Europe, toppling Communist dictatorships from Berlin to Budapest, soon penetrated the epicenter of the “evil empire” itself – and the Union of Soviet Socialist Republics evaporated like mist on a sunlit morning. It was the end of the cold war, and peoples all over the world breathed a joyful sigh of relief – and yet that joy was not shared by all.

Oct 05 04:15

Lowest Interest Rates In 5,000 Years

Oct 04 22:38

Pictorial Essay: 18 Things I Did That My Grand-Kids Can't Do Without Being Arrested

WE ARE RAISING A NATION OF WEENY-FIED CHILDREN!! Yes, we are! And, we will eventually pay the price. EVERY one of the actions below in today’s ‘Murika is frowned upon, downright illegal or, subjects you parents to a visit from the State Gestapo, aka Child Protective Services.

Oct 04 20:22

Welcome to the Future: Downward Mobility and Social Depression

The mainstream is finally waking up to the future of the American Dream: downward mobility for all but the top 10% of households. A recent Atlantic article fleshed out the zeitgeist with survey data that suggests the Great Middle Class/Nouveau Proletariat is also waking up to a future of downward mobility: The Downsizing of the American Dream: People used to believe they would someday move on up in the world. Now they’re more concerned with just holding on to what they have.

Oct 04 14:21

Social conditioning, the self and sustaining the neo-liberal order

Graham Peebles looks at how social conditioning, much of it achieved with the help of the mass media, serves to sustain the neo-liberal order and, in the process, deprives us of a meaningful purpose in life.

Oct 04 13:18

Baycorp using new tech to track down debt

Debt evaders beware - recovery agency Baycorp says new technology coming onstream will boost its capability to claw back cash from wayward debtors.

United States-based Encore Capital Group, which also operates in the debt collection space, announced last week that it had agreed to purchase a 50.25 per cent stake in Baycorp.

The Australasian company says gaining access to Encore's data analytics technology will be a key benefit of the investment and should drive market share gains.

Baycorp New Zealand general manager Donna Cooper said Encore's technology and expertise would help the company turn debt collection from an "art" into a "science".

Oct 04 12:01

Consumer Spending on the Rise Again

Consumer spending is on the rise again according to numbers from August.

Oct 04 12:01

Trump to Cut Income Taxes for Middle Class

Presidential candidate Donald Trump announced plans recently that would increase the number of Americans who would not be subject to federal income taxes.

Oct 04 12:00

Whole Foods Cuts 1,500 Jobs

In an attempt to lower costs and keep up with competition, Whole Foods plans to cut 1,500 jobs in the next few weeks.

Oct 04 11:23

Saudi Arabia cuts oil prices amid OPEC price war

Saudi Arabia on Sunday made deep reductions to the prices it charges for its oil, hard on the heels of cuts last month by rival producers in the Gulf.

With U.S. production still increasing despite lower oil prices, members of the Organization of the Petroleum Exporting Countries are battling to keep their share of the last growing markets in Asia.

Oct 04 11:21

Billions From U.S. Fail to Sustain Foreign Forces

With alarming frequency in recent years, thousands of American-trained security forces in the Middle East, North Africa and South Asia have collapsed, stalled or defected, calling into question the effectiveness of the tens of billions of dollars spent by the United States on foreign military training programs, as well as a central tenet of the Obama administration’s approach to combating insurgencies.

Webmaster's Commentary: 

Insurgency. The White House word for keeping the people of a nation from kicking out their US puppet rulers and taking back their own country!

Oct 04 11:00

Ron Paul: "Trump Is An Authoritarian! The Opposite of Libertarianism"

Trump's ideas would also be very dangerous to the economy, Ron Paul says. However, notably, the elder Paul made no mention whatsoever of his son Rand's candidacy, even though the host brought Rand up.

Oct 04 10:49

Gold And Silver – A Reality Check.

Oct 04 10:37

Will The Failure Of Central Banking Lead To Global Bloodshed: The French Revolution Case Study

The sequence of events leading up the French Revolution are likely unfamiliar to most. Yet money printing and a debauched French currency played no small part in those events. As a sequel to “Shorting the Federal Reserve”, 720 Global aims to provide an historical example of excessive money printing which lead to financial crisis, and ultimately the revolution of a major sovereign nation. More than a history lesson, this article effectively illustrates the road on which the U.S. and many other nations currently travel. The story relayed in this article is not a forecast for what may happen but a simple reminder of what has repeatedly happened in the past.

Oct 04 09:53

Classic Bottom in Mining Stocks

Oct 04 08:16

Physical Cash Poses a HUGE Problem For Central Banks

Globally, over $5 trillion in debt currently have negative yields in nominal terms, meaning the bond literally has a negative yield when it trades. In the simplest of terms this means that investors are PAYING to own these bonds.

Bonds are not unique in this regard. Switzerland, Denmark and other countries are now charging deposits at their banks. In France and Italy, you are not allowed to make cash transactions above €1,000.

This sounds laughable to most people, but it is a reality in Europe… and in the US, in some regions. Louisiana has made it illegal to purchase second hand goods using cash.

This is just the beginning. The War on Cash will be spreading in the coming weeks.

The reasoning is simple. Most large financial entities are insolvent. As a result, if a significant amount of digital money is converted into actual physical cash, the firm would very quickly implode.

Webmaster's Commentary: 

The obvious solution is to pull all cash out of the banks now while you still can, and hide it where the money-junkies troops cannot find it.

Oct 04 07:26

38% of American Workforce Still Jobless

Oct 04 00:31

Stocks entering into bear market

Oct 03 18:08

The Machine is not Your Friend

They can’t grow their food, mend a garment, build a shelter or read the weather from the signals in the sky. But they will justify this impotence by claiming that modern technology frees them up to pursue more meaningful activities. Like what? Mounting a camera to your hat and filming the sad emptiness that is urban living? Now there is an evolutionary leap forward.

The creators of these myriad devices, which dominate the human-built world, will claim that they are designed to save you time and money and exertion. But their real purpose is to turn you into a product addict - and to reap obscene profits while doing so. How else does one explain lines of people camping out to buy a slightly better phone than the one they bought a year earlier? At least they can now video each other with their GoPros as they shiver in their sidewalk lunacy.

Oct 03 13:53

Israel Stock Market In A Precarious Spot

Oct 03 12:57

Stock Market Reaches Key Post-Crash Milestone

Oct 03 12:12

'Turned Out' Documentary Reveals Harsh Reality of Prison Rape In The United States

This horrifying documentary film examines the horrific subject of prison rape, at Alabama's Limestone Correctional Facility.
Estimates are that 20 percent of all men serving in US prisons have been raped. This film looks at the social system within prisons that allows this violent sexual behavior to occur. At the start of the film, a black prisoner says "this is a world within a world. You've got everything under the sun here. You got homosexuality run rampant, you've got gambling, you've got gangs, you've got everything." Limestone Correctional Facility's official website begins with the slogan "Where Public Safety Is An Everyday Commitment."

Oct 03 09:48

Sweden flirts with six hour work day

Oct 03 09:22

11 trillion dollars in Stock Market wealth wiped out in 3rd Quarter

Did you know that 11 trillion dollars in global stock market wealth was wiped out during the third quarter of 2015? When I was emailed this figure by a friend, I was stunned for a moment.

Oct 03 09:12

Mexican firm still abets Israel’s crimes despite pulling out of West Bank quarry

Mexico’s construction materials giant Cemex has sold shares it owned in a quarry on occupied Palestinian land but has maintained its stake in a firm that assists Israel’s war crimes.
Cemex will therefore remain a target for the Palestinian-led boycott, divestment and sanctions campaign until it stops trying to profit from Israel’s crimes.

Oct 03 09:00

Business of War: Drone Market Expected to Double by 2024

By Nicholas West

The global drone arms race shows no signs of slowing down. As nation after nation invests in drone technology in order to keep up with the latest developments from their rivals, we are only seeing an expansion of new technologies that all but ensure conflict across the globe will continue. In fact, the U.S. has openly admitted that they fully expect ALL nations to have armed drones within 10 years.

The latest technology includes laser equipped autonomous drones, which are expected to arrive within two years. This, naturally has sparked the development of anti-drone technology that introduces electronic warfare as a countermeasure. But, staying a step ahead, drone invisibility cloaks are rapidly approaching reality. See how this goes?...

Oct 03 09:00

Russian general reveals truth about 9 11