ECONOMY

Apr 04 05:40

Today’s Spot (*Gold&Silver)

Today’s Spot gold per gram Gold price per ounce Spot silver rates market news April 4, 2014

Apr 03 23:02

Mr. Rosenberg’s Conundrum - An Analysis by Lawrence Davidson

The truth is that a two state solution has been taken off the table by the Israelis themselves. We are left with a unitary Zionist state. The answer to the question of whether such a state is compatible with justice for the Palestinians is simply no. Zionism, like apartheid before it, has to go - for the sake of the Palestinians and also for a more promising future for the Jews.

Apr 03 21:04

Putin Flushes the US Dollar: Russia’s Gold Ruble Payments System Delinked from Dollar?

Putin has been preparing this move — the creation of a payment system in rubles completely independent and protected from the Dollar and the “killer speculations” (e.g. short-selling) of the big Western financial institutions — for a long time.

After sanctioning several Russian banks to punish Russia for Crimea, the Washington politicians were told by the financial power-to-be to step back because obviously, the Wall Street vampires understand that putting Russian banks outside the reach of their blood sucking teeth is never a good idea.

Apr 03 19:14

The US-EU Trans-Atlantic Free Trade Agreement (TAFTA). Devastating Social and Environmental Consequences

We can be sure that a select few very rich and powerful people will do very nicely out of this agreement.

Apr 03 18:32

Shocking Facts About The Deindustrialization Of America That Everyone Should Know

How long can America continue to burn up wealth? How long can this nation continue to consume far more wealth than it produces? The trade deficit is one of the biggest reasons for the steady decline of the U.S. economy, but many Americans don't even understand what it is. Basically, we are buying far more stuff from the rest of the world than they are buying from us. That means that far more money is constantly leaving the country than is coming into the country. In order to keep the game going, we have to go to the people that we bought all of that stuff from and ask them to lend our money back to us. Or lately, we just have the Federal Reserve create new money out of thin air.

Apr 03 18:30

'The Fruits of Socialism': I Can't Even Stand to Watch the Rest of this Video

Is this even real? Someone said it's just a progressive liberal posting an honest vlog, but if this is real, it's a sad, sad commentary on America's modern welfare state.(video)

Apr 03 14:09

‘Hope-For-Growth Momentum Investing’

Apr 03 13:34

Shocking Facts About The Deindustrialization Of America That Everyone Should Know

How long can America continue to burn up wealth? How long can this nation continue to consume far more wealth than it produces? The trade deficit is one of the biggest reasons for the steady decline of the U.S. economy, but many Americans don't even understand what it is. Basically, we are buying far more stuff from the rest of the world than they are buying from us. That means that far more money is constantly leaving the country than is coming into the country. In order to keep the game going, we have to go to the people that we bought all of that stuff from and ask them to lend our money back to us. Or lately, we just have the Federal Reserve create new money out of thin air. This is called "quantitative easing". Our current debt-fueled lifestyle is dependent on this cycle continuing. In order to live like we do, we must consume far more wealth than we produce.

Apr 03 13:02

US facing financial doomsday over Russia sanctions: Analyst

The United States is likely to experience a financial “doomsday” as a result of its imposition of sanctions on Russia following Crimea’s secession from Ukraine, says analyst Eric Draitser.

Apr 03 12:59

Cross of Iron Speech

Every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed.

This world in arms in not spending money alone.

It is spending the sweat of its laborers, the genius of its scientists, the hopes of its children.

The cost of one modern heavy bomber is this: a modern brick school in more than 30 cities.

It is two electric power plants, each serving a town of 60,000 population.

It is two fine, fully equipped hospitals.

It is some 50 miles of concrete highway.

We pay for a single fighter with a half million bushels of wheat.

We pay for a single destroyer with new homes that could have housed more than 8,000 people.

This, I repeat, is the best way of life to be found on the road the world has been taking.

This is not a way of life at all, in any true sense. Under the cloud of threatening war, it is humanity hanging from a cross of iron.

Apr 03 12:58

Lawsuit Filed Against Nevada Health Exchange

Just days after the deadline to enroll for insurance coverage through Nevada Health Link, the first class-action lawsuit has been filed on behalf of residents who say they signed up and paid their premiums – but were never given coverage.

Law firm Callister & Associates filed the lawsuit on behalf of Larry Basich, who signed up for state health insurance and paid premiums as far back as November, but then was not covered following a Jan. 3 triple bypass procedure that saw his $400,000 in medical expenses passed between the wrong insurance companies, the Las Vegas Review-Journal reports.

Apr 03 12:06

Unpaid Italian council worker in self-immolation threat

A man in southern Italy threatened to set himself on fire after waiting months for the town council to pay him, local police said.

Apr 03 11:50

How Increasing Numbers of Americans are Saying 'No Deal' to Absurd Inequality

Every year I ask my class on “Wealth and Poverty” to play a simple game. I have them split up into pairs, and imagine I’m giving one of them $1,000. They can keep some of the money only on condition they reach a deal with their partner on how it’s to be divided up between them. I explain they’re strangers who will never see one other again, can only make one offer and respond with one acceptance (or decline), and can only communicate by the initial recipient writing on a piece of paper how much he’ll share with the other, who must then either accept (writing “deal” on the paper) or decline (“no deal”).

Apr 03 11:18

Bernie Sanders: Supreme Court is paving the way to an oligarchic society

Sen. Bernie Sanders (I-VT) blasted the U.S. Supreme Court’s decision on Wednesday to abolish overall federal campaign spending limits, meaning that wealthy individuals now have carte blanche to spend as much as they like to affect the outcomes of federal elections.

“Freedom of speech, in my view, does not mean the freedom to buy the United States government,” said Sanders in a statement.

Webmaster's Commentary: 

The Supreme Court is wrong, and so are the defenders of what they describe as 'freedom of speech'. Money steals equality in representation.

Apr 03 10:17

Swiss snub US effort to sanction Russian billionaires

Russian officials sanctioned by the European Union will be barred from new business interests in Switzerland but billionaires included on the United States sanctions list face no restrictions, the Swiss government said on Wednesday.

Apr 03 10:08

Police cadets in New Mexico trained to have “warrior mentality” and to use more deadly force

The face of evil IMHO! This is why all the police murders of Americans by APD!

The director said he'd rather burn his curriculum than disclose it to the media. NEW MEXICO — All new police cadets will be trained to use more deadly force — not less — thanks to a new curriculum by director of the state’s Law Enforcement Academy. Cadets are being trained by the former Army Colonel to have a “warrior mentality” with a strong emphasis on “Officer Survival.” The cadet program, which has also been shortened by six full weeks, leaves cadets more paranoid and more prone to use deadly force, critics say.

Jack Jones, a retired Army colonel, was granted sole authority by the LEA over the training curriculum given to all of New Mexico’s new recruits. He says the old model was too restrictive with the use of deadly force.

“Evil has come to the state of New Mexico. Evil has come to the Southwest. Evil has come to the United States,” Jones said to the Santa Fe New Mexican.

Apr 03 09:43

Global Power Structures: Masterlist of 1,150 NGOs and 300 Key People in Them

"[Think tanks] exert definite and even considerable influence on the process of elaborating and making political decisions. It is connected with the fact that ... leaders of such centers have as a rule personal close links with the [government]. Second, the centers are created in order to prepare and adopt the major political decisions in the shade, far from public. Third, such analytical and expert centers really accumulate the best intellectual forces of the country and fourth, not always but rather often, the centers were founded simply to provide jobs to [retired] politicians."

Notice that Henry Kissinger is first on the list with 104 known associations.

Apr 03 09:42

DOD refuses to buy sneakers Made in America

Apr 03 09:37

Palestine, Egypt and Syria: New Lows for Obama’s Failed Middle East Policy

Unfortunately, peace is never as profitable as war. If Obama leaves the Middle East, Russia and China will fill in the gaps, slurping up the profits that would have otherwise gone to U.S. corporations. And if U.S. corporations felt that they were making enough profit at home, they’d politely bow out of the contest, especially since U.S. foreign policy has been one Godzilla-like disaster after another.

Webmaster's Commentary: 

This is the reason that no matter how the American people don't want another war, the US government is slouching toward creating it to satiate the financial lusts of the corporate money junkies who they serve, and whose campaigns they fund.

Apr 03 09:31

9 of the top 10 occupations in America pay less than $35k a year

According to stunning new numbers just released by the federal government, nine of the top ten most commonly held jobs in the United States pay an average wage of less than $35,000 a year. When you break that down, that means that most of these workers are making less than $3,000 a month before taxes. And once you consider how we are being taxed into oblivion, things become even more frightening.

Apr 03 09:19

Michael Rivero: All Wars Are Bankers’ Wars!

Many people have a great deal of difficulty comprehending just how many wars are started for no other purpose than to force private central banks onto nations, so Michael Rivero details the history so that people can understand why the US Government is mired in so many wars against so many foreign nations.

The path to true peace on Earth lies in the abolishment of all private central banking everywhere, and a return to the state-issued value-based currencies that allow nations and people to become prosperous.

Watch the Video of Michael Rivero’s history of Wars started by the international Private Central Bankers.

Video and Transcript with links:

Apr 03 08:45

Gold Makes A Move And Here Is Why

Apr 03 07:59

Zerohedge: The Lies We Tell Ourselves

Very nice work on the futility of digging thru the BS just to find more BS...

Apr 03 07:27

What About The Dollar: Russia, Iran Announce $20 Billion Oil-For-Goods Deal

Spot what is missing in the just blasted headline from Bloomberg:

IRAN, RUSSIA SAID TO SEAL $20B OIL-FOR-GOODS DEAL: REUTERS

If you said the complete absence of US Dollars anywhere in the funds flow you are correct. Which is precisely what we have been warning would happen the more the West and/or JPMorgan pushed Russia into a USD-free corner.

Webmaster's Commentary: 

In these moves, the US government has done a magnificent job of cutting off its nose to spite its face, economically.

Bravo, US government, just brilliant!!

Apr 03 07:11

9 Of The Top 10 Occupations In America Pay An Average Wage Of Less Than $35,000 A Year

According to stunning new numbers just released by the federal government, nine of the top ten most commonly held jobs in the United States pay an average wage of less than $35,000 a year. When you break that down, that means that most of these workers are making less than $3,000 a month before taxes. And once you consider how we are being taxed into oblivion, things become even more frightening. Can you pay a mortgage and support a family on just a couple grand a month? Of course not. In the old days, a single income would enable a family to live a very comfortable middle class lifestyle in most cases. But now those days are long gone.

Apr 03 07:04

Major drop in Russian trade

Reports in the press this week state that Poland’s exports to Russia could potentially fall by as much as 40 percent due to a number of reasons.

Apr 03 07:01

The Bankers Manifesto of 1892

Apr 03 06:54

Monsanto ordered to stop making false advertising claims about GMOs in South Africa

As genetically modified crops fail in several regions around the world and are exposed as a detriment to health, many are beginning to see right through the high-dollar false advertising claims projected by biotech corporations like Monsanto.

(Note that in the 40s and 50s Monsanto made false safety claims about their own insecticide, DDT. By 1972, independent research showed the horrific consequences of this insecticide which ultimately led to the chemical being banned worldwide.)

Apr 03 06:53

Underground Commerce is the Real Economy

This shadow commerce, practiced throughout the world, is the real economy. Actually, in the United States, tax compliance is quite high by comparison. With the acceptance of instruments of credit, the banking system has become more of a tax reporting service than a financier of a healthy economy. The taxman would have you believe that voluntary transactions in cash constitute a black market in illegal dealing. Casting the dispersion of seedy activities upon the motivation to subsist is a common practice of governmental revenue agents.

Apr 03 06:24

RT: worldwide fascist grunch takeover

Pyrrhic victory for whistle blowers on Transatlantic Trade Agreement

For every scummy treaty the whistle blowers expose - how many have been completed in secret?

Apr 02 22:53

New 3-D printed ammo to end ammo drought

4.1.2014, Palermo, Italy – Italian 3D-printing startup, Brachia Caeli Industries (BCI) announced today at a press conference that it had successfully printed fully functional centerfire ammunition. This comes on the heels of December’s congressional ruling that the Undetectable Firearms Act (UFA), which bans guns not visible to metal detectors or x-ray scanners, does not apply to 3-D printed arms.

Apr 02 17:45

RIGGED: The Truth About the Federal Reserve

Apr 02 16:45

Two polls show Ukip leader Nigel Farage triumphant in 2nd live debate with Lib Dem leader Nick Clegg

Mr Clegg challenged Mr Farage to the debates ahead of elections to the European Parliament in May 22. Tonight they clashed on immigration, laws, jobs and European foreign policy.

In a rallying cry to Eurosceptics, Mr Farage urged voters to join his 'People's Army' to leave Brussels, warning without change the EU would end 'very unpleasantly'.

He said: 'This is our country. It is a very good country. It is a country that developed the principle of parliamentary democracy. it has been given away through a whole series of lies and deceit.

'Let's take back control of our our borders. Let's stop giving £55million a day as a membership fee of a club we don't need to be part of.

Apr 02 15:32

9 Of The Top 10 Occupations In America Pay An Average Wage Of Less Than $35,000 A Year

According to stunning new numbers just released by the federal government, nine of the top ten most commonly held jobs in the United States pay an average wage of less than $35,000 a year. When you break that down, that means that most of these workers are making less than $3,000 a month before taxes. And once you consider how we are being taxed into oblivion, things become even more frightening. Can you pay a mortgage and support a family on just a couple grand a month? Of course not. In the old days, a single income would enable a family to live a very comfortable middle class lifestyle in most cases. But now those days are long gone. In 2014, both parents are expected to work, and in many cases both of them have to get multiple jobs just in order to break even at the end of the month. The decline in the quality of our jobs is a huge reason for the implosion of the middle class in this country.

Apr 02 15:02

2014 Real Estate Market Ready To EXPLODE

Apr 02 14:53

David de Rothschild's World Jewish Congress meeting in Paris

The Council consists of 49 members, plus the representative of the United States, Ambassador Ira Forman, in charge of the fight against anti-Semitism. It includes two French members, Roger Cukierman (CRIF president and vice-president of the World Jewish Congress) and David de Rothschild (President of the Foundation for the Memory of the Shoah and Board member of the World Jewish Congress).

Apr 02 14:45

Ukrainians Get IMF’s Bitter Medicine

Though lacking legitimacy from national elections, Ukraine’s coup regime has approved a harsh IMF austerity plan that hits Ukraine’s “99 percent” the hardest and asks little from the country’s “1 percent,” including the corrupt “oligarchs,”

Apr 02 13:43

The Old World Order Is Over

In the gilded ballroom of Hyatt’s Savoy ballroom, World War D‘s opening speaker Dr Mark Faber delivered a blunt message: the old world order is over.

‘The US reached a peak in prosperity and influence in the world in the 1950s or 1960s,’ said Faber. But since the 70s the superpower has been locked into a cycle of bubbles, busts and growing debt.

Apr 02 13:19

Double Whammy Shocker From Goldman Which Is Also Waving Goodbye To The NYSE

Long-time readers may recall that in the early days of this website, in addition to HFT, one of our market structure pet peeves was the fact that Goldman Sachs was a Designated Market Maker on the NYSE, reaping various benefits primarily as a result of the firm's role as of one of the only Supplementary Liquidity Providers at the stock exchange - a form of slower HFT "liquidity provider" if you will.

Apr 02 12:45

US military protecting international banking cartel

For decades, America has used its armed strength to enforce the use of the dollar as the world’s reserve currency, effectively making the US military the armed wing of the international banking cartel (IBC).

Webmaster's Commentary: 

The secret is out!

Finally!

Apr 02 12:44

Buying the U.S. Government

Today's devastating Supreme Court decision in McCutcheon v. FEC, aka Citizens United Round 2, further cements our plutocracy, thus "opening the floodgates for the nation’s wealthiest few to drown out the voices of the rest of us." =

Apr 02 12:27

The EU’s “Economic Time Bomb”

On March 20, 2014, European Union officials reached an historic agreementto create a single agency to handle failing banks. Media attention has focused on the agreement involving the single resolution mechanism (SRM), a uniform system for closing failed banks. But the real story for taxpayers and depositors is the heightened threat to their pocketbooks of a deal that now authorizes both bailouts and “bail-ins” – the confiscation of depositor funds. The deal involves multiple concessions to different countries and may be illegal under the rules of the EU Parliament; but it is being rushed through to lock taxpayer and depositor liability into place before the dire state of Eurozone banks is exposed.

Apr 02 11:31

W(h)ither Petrodollar: Russia, Iran Announce $20 Billion Oil-For-Goods Deal

Spot what is missing in the just blasted headline from Bloomberg:

IRAN, RUSSIA SAID TO SEAL $20B OIL-FOR-GOODS DEAL: REUTERS

If you said the complete absence of US Dollars anywhere in the funds flow you are correct.

Apr 02 10:36

J.P. Morgan imposes its own sanctions on Russia by blocking money transfer

If we recall back in September of last year, the first individuals to speak to President Obama at the White House during the government shutdown were not leaders in Congress, but 15 bankCEO’s. This highly disturbing event appears to be a pre-cursor to the power that financial institutions have over the U.S. government, and brings to mind former activities by the banking industry in helping both V.I. Lenin and Adolph Hitler achieve power over countries outside of the authority of America’s elected leaders.

Apr 02 10:34

TSHTF Inflation: “What YOU Will Pay for What You Need to Survive”

20 cans of Tuna? Check

100 MREs? Check.

20 bushels of Corn? Check.

2 rolls of pre-1964 ‘Junk’ Silver dimes? Check.

400 rounds .22 LR? Check.

500 rounds .223 ammo? Check.

Sounds like a nice stash of survivalist/prepper goods to start with doesn’t it? I could continue on with the list but it only begins to belie the myth that sadly so many members of the prepper community believe to be their ideal that they are 100% prepared for the collapse of America and perhaps Western civilization.

Apr 02 10:26

Fiscal-Policy Obstruction to Economic Recovery

Janet Yellen, the new chairwoman of the Federal Reserve Banking system (Fed)--she replaces Ben Bernanke, said the Fed will taper quantitative easing (QE) or bond-buying activities by $10 billion a month during the first quarter of 2014 and contemplates ending the program later this year. The Fed will also stop focusing on the unemployment (it is 6.7 percent currently) rate as a goal of Fed policy. This does not represent a major change in policy from her predecessor's, who indicated he was planning to go down that road, too. This is significant because QE was part of a two-pronged effort: (1) fiscal policy, namely, stimulus, and (2) monetary policy, that is, low interest rates; both were intended to fight the 2008 Great Recession.

Apr 02 10:13

Venezuela Enforces Fingerprint Registry to Buy Groceries: What to Do Before Rationing Starts in America

What if you were forced to "register" in order to buy groceries? And what if, through that registration, the food you bought could be tracked and quantities could be limited?

That's exactly the plan in Venezuela right now. The AP reports that in an effort to crack down on "hoarding" that ID cards will be issued to families. These will have to be presented before foodstuffs can be purchased.

Looking at the drought conditions across America's farmland, is it a stretch of the imagination to think we could soon be facing rationing like that which is currently happening in Venezuela?

Apr 02 09:32

Chrysler recalling 870,000 SUVs due to brake defect

Chrysler is recalling nearly 870,000 SUVs because corrosion may make the vehicles' brakes harder to use.

Jeep Grand Cherokee and Dodge Durango SUVs from the 2011 through 2014 model years are involved.

Chrysler says crimp joints in the brake boosters can corrode if they're exposed to water. If the water freezes, the boosters won't aid braking as they usually do.

Webmaster's Commentary: 

Who designs a brake system without knowing it will be exposed to water, mud, and road salt in the winter?

Apr 02 09:19

Alan Butler on how the press and politicians lie about economic statistics

The unemployment rate is not U3 the rate of inflation is much higher than what is admitted and the jobs reports are not even reporting what they lead you to believe they measure.

Apr 02 09:03

Union Sundown: The Decline of the American Economy And The Rise of the Bureaucratic Nightmare

Brandon Turbeville
Activist Post

Thirty years ago, Bob Dylan wrote a song called “Union Sundown” that now seems as if it was nothing less than prophecy set to music. The song, which attracted a great deal of hatred from establishment critics at the time, spoke out against the neo-liberal/free trade ideology that was beginning to take hold in the United States. It also took aim at the obsession of turning everything into a commodity the practice of seeking profits above all else...

Apr 02 09:00

Offshore firms took 50% of H-1B visas in 2013

The U.S. today began accepting H-1B visa applications for the next fiscal year, with heavy demand expected. The visas will likely all be claimed by end of this week, and a major share of the H-1B visas will go to firms that use visa holders to displace U.S. workers.

Apr 02 08:59

Harry Reid dismisses cancer patient Tom Coburn's Obamacare concern

When Sen. Tom Coburn, R-Okla., pointed out that the majority of cancer centers in the country aren't covered under Obamacare while arguing that the law's problems go beyond early website issues, Senate Majority Leader Harry Reid, D-Nev., dismissed the critique as too "in the weeds."

Apr 02 08:23

Billions in hidden subsidies going to too-big-to-fail banks

As the first round of submissions to the Federal Government's Financial Systems Inquiry closed this week there was a timely reminder that the fundamental cause of the global financial crisis is still deeply embedded in the banking system.

Webmaster's Commentary: 

Because when you have a privately-owned central bank issuing the public currency as a loan at interest, the debt always grows faster than the available money supply until that debt strangles the economy or triggers a war of conquest to balance the books.

Apr 02 08:18

US pyromaniacs to ignite all-out war in Europe: Analyst

An analyst says the US is prepared to sacrifice millions of lives for its own selfish strategic interests by pushing Europe into an all-out war with Russia, Press TV reports.

“The US is prepared to plunge Europe into a war with Russia in order for Washington to preserve its hegemony over the transatlantic axis,” Finian Cunningham wrote in a column for the Press TV website.

He said a war would be aimed at preventing Russia and Europe from developing closer trade and political ties and preserving the American dollar as the world's reserve currency.

Apr 02 08:02

Traders say they are not 'too big to fail', clearing houses may be

More unintended humor from reuters!!

“In Paris there are two dens, one for thieves, the other for murderers. The den of thieves is the Stock Exchange; the den of murderers is the Courthouse.”
? Petrus Borel

Apr 02 07:54

How to run or ruin a company in 140 characters

Too funny snip:

"Whilst your dad is an evil genius," the scion of the Rothschild banking dynasty tweeted to Aga Bakrie, "the word on the street is that you are extremely DUMB."

Apr 02 07:37

Furious Russia Will Retaliate Over "Illegal And Absurd" Payment Block By "Hostile" JPMorgan

While everyone was gushing over the spectacle on TV of a pro-HFT guy and anti-HFT guy go at it, yesterday afternoon we reported what was by far the most important news of the day, one which was lost on virtually everyone if only until this morning, when we reported that "Monetary Blockade Of Russia Begins: JPMorgan Blocks Russian Money Transfer "Under Pretext" Of Sanctions." This morning the story has finally blown up to front page status, which it deserves, where it currently graces the FT with "Russian threat to retaliate over JPMorgan block." And unlike previous responses to Russian sanctions by the West, which were largely taken as a joke by the Russian establishment, this time Russia is furious

Apr 02 05:55

Faber - “How Could You NOT Own Gold?”

Apr 01 17:48

TSHTF Inflation: “What YOU Will Pay for What You Need to Survive”

To begin with, this article is neither to demean the starting prepper nor launch into my fellow bloggers and authors about their version of what being prepared for the worst case scenario might well be; even though the criticism is valid and should remind everyone of the old adage that NO ONE is totally prepared for a societal collapse.

Apr 01 16:12

The Federal Reserve Has No Integrity

As we documented in previous articles, the gold price is driven down in the paper futures market by naked short selling by the Fed’s dependent bullion banks. Some people have a hard time accepting this fact even though it is known that the big banks have manipulated the LIBOR (London Interbank Overnight Rate – London’s equivalent of the Fed Funds rate) interest rate and the twice-daily London gold price fix.

Apr 01 16:06

"Nail Gun Suicide" Banker's Firm Probed Over Missing Millions

Just a few short weeks ago we reported on the unusual suicide, due to self-inflicted nail-gun wounds, of Richard Talley, CEO of Denver-based American Title Services. The death of the 57-year-old banker was accompanied by the fact that his firm was under investigation by the insurance regulators, and now, as The Denver Post reports, state prosecutors launched a criminal investigation and a grand jury over more than $2 million missing from escrow accounts. As part of that inquiry, investigators have seized about 100 boxes of documents and about 60 computers as records suggest the seemingly successful title business had serious financial problems. Talley's wife, Cheryl, who owns the other 60% of the firm has not commented.

Apr 01 15:08

Putin to end BIS

Russian President Vladimir Putin says his country should create its own national payment settlement system. Putin said such a system has worked in countries like Japan and China. Russia is trying to become more independent of the West amid tensions between the two sides over Crimea. Western governments including the US have imposed sanctions on Moscow after Crimea rejoined Russia following a referendum there. Putin's remarks come after two American financial companies Visa and MasterCard suspended their services to Russia.

Apr 01 14:15

Obama Just Took A Big Obamacare Victory Lap

Two chuckles maybe!

In a statement from the White House Rose Garden on Tuesday afternoon, President Barack Obama took a victory lap on the end of the first open enrollment period under the Affordable Care Act.

Apr 01 13:26

The Federal Reserve Has No Integrity

As we documented in previous articles, the gold price is driven down in the paper futures market by naked short selling by the Fed's dependent bullion banks. Some people have a hard time accepting this fact even though it is known that the big banks have manipulated the LIBOR (London Interbank Overnight Rate -- London's equivalent of the Fed Funds rate) interest rate and the twice-daily London gold price fix.

Apr 01 13:20

Chinese now acquiring large chunks of land all over U.S.

Has the United States ever experienced a time when a foreign nation has attempted to buy up so much of our land all at once?

Apr 01 13:14

Ukraine faces mounting economic pressure

Russia has ended a deal to supply cheap gas to Kiev, raising prices by more than 40 percent. Ukraine's mounting economic problems come on top of efforts by the government to forcibly disarm groups involved in the street protests that ousted the previous government.

Apr 01 13:01

We Should Be Talking About the 1 Percent of the 1 Percent

It’s really the 0.01 percent of Americans who are leaving us all behind; one answer to fighting climate change is vegetarianism; meanwhile, is the beer in Britain spying on you? These discoveries and more below.

Apr 01 13:00

Eurozone finance ministers OK fresh bailout loans to Greece

Eurozone finance ministers, known as the Eurogroup, have agreed on a timetable for disbursing the next bailout funds for Greece. At a meeting in Athens, they found Greece was making sufficient progress on reforms.

Apr 01 11:06

12 Largest Banks Sued By Public Retirement Funds For "Conspiring To Rig Global FX Markets"

Why did Goldman decide to scrap its once uber-profitable FX vertical and redo it from scratch? Simple - the ability to rig and manipulate FX markets, which are now under every global regulator's microscope after the "Cartel" members so foolishly let themselves be exposed to the entire world, is no longer there, as confirmed last night by news that a dozen large investors have filed a joint lawsuit against 12 banks for "allegedly conspiring to rig global foreign-exchange prices." Allegedly? Hasn't everyone read the Cartel chatroom transcripts yet?

Apr 01 11:04

Poverty among black children ‘should be considered a national crisis’

African-American children’s poverty, poor housing and lack of access to education pose a national crisis, said a report released Tuesday that found a wide gap in well-being among U.S. children of different races.

In almost every region of the United States, African-American, Latino and Native American children face far greater barriers to their future success than their white and Asian counterparts, according to the study by the Annie E. Casey Foundation, which aims to improve the life of all children.

The “Race for Results” report used 12 indicators and a single composite score to determine a child’s chance at future success. The factors included whether the children were born at normal birth weight, if they were enrolled in preschool by the ages of 3 to 5, whether they lived with an adult who has at least a high school diploma, and their proficiency at reading and math during elementary and middle school.

Webmaster's Commentary: 

This is a national scandal, and a damned shame, in the 21st century.

But the difficulty is, every time this country has announced a "war" on some social issue, the problem gets worse.

The best family outcomes I have seen have come from a healthy combination of love and structure. When kids have that, it allows them to develop a healthy self image, based on fact, and they can really accomplish what they want to do in life.

So what can be done?!? I think that the more time we spend on the front end, when kids are little, with intense, proven methods of education, the cycle can be broken.

And as crazy as it sounds, legalizing drugs for personal use will financially break the backs of the gangs, which for many of these kids, are the only real "family" they think they have.

By the time these kids hit their teenage years, and consider Juvenile Hall stays a "right of passage" in their communities, it is very late in the game to change or influence behaviour.

But it's not just the kids who need an education; it is the adults in those families learning how to better parents which is critical. No parent in their right mind thinks that they want their child doomed to failure, intermittent jail stays, and and early death: they just don't have the skills to be better parents.

Instead of investing in these horrific wars without end, and the weapons used to fight them, this country would do well to invest in its at-risk youth in a smart, positive way. Otherwise, this downward spiral may well become a permanent aspect of American life, and that would be a real tragedy for this country.

Apr 01 11:02

$50 Billion Kashagan Oil Development Isn't Working

Kashagan is one of the world's most ambitious oil developments and the biggest new field in decades. But despite $50 billion in investment by some of the world's largest oil companies and the Kazakhstan government, the Caspian Sea-based project isn't working.

Apr 01 10:55

The Chinese Are Acquiring Large Chunks Of Land In Communities All Over America

Has the United States ever experienced a time when a foreign nation has attempted to buy up so much of our land all at once? As you will read about in this article, the Chinese are on a real estate buying spree all over America. In fact, in some cases large chunks of land are actually being given to them. Yes, you read that correctly. China is on the way to becoming the dominant land owner in the entire country, and that is starting to alarm a lot of people. Do we really want a foreign superpower to physically own so much of our territory?

Apr 01 10:44

Teacher Takes Student to Hospital and Pays Bill, Loses Job

An award-winning teacher from Tennessee alleges she was forced to resign from her post at Red Bank High School after taking a student to the emergency room and paying the charges.

Apr 01 10:42

The New Nihilism

A new nihilism is starting to appear in the United States. Like the Lost Generation, this malaise proceeds from multiple sources.

First and foremost is the reality of ongoing wars, inevitably leading to a new global war, started with the very weapons that ended the last global war. Having been raised with decades of dire warnings about how nuclear weapons can end the world amid cold-war exhortations to build personal fallout shelters, it should not come as a surprise that most people equate the current military buildup as a prelude to that much predicted end of the world. This is not metaphor; the kids with those brass keys in the silos can really do it. Who wants to work hard to build a future that might vanish in a flash of white light?

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Apr 01 10:10

60 Minutes Sanitizes Its Report on High Frequency Trading

This past Sunday night, 60 Minutes’ Steve Kroft sat down with noted author Michael Lewis to discuss his upcoming book, “Flash Boys,” and its titillating revelations about how high frequency traders are fleecing the little guy.

Kroft says to Lewis: “What’s the headline here?” Lewis responds: “Stock market’s rigged. The United States stock market, the most iconic market in global capitalism is rigged.”

Kroft then asks Lewis to state just who it is that’s rigging the market. (This is where you need to pay close attention.) Lewis responds that it’s a “combination of these stock exchanges, the big Wall Street banks and high-frequency traders.” We never hear a word more about “the big Wall Street banks” and no hint anywhere in the program that the New York Stock Exchange and Nasdaq are involved.

Apr 01 08:50

FBI Probing High-speed Trading on Wall Street

The FBI has disclosed a year-long investigation into the questionable practices of high-frequency trading less than 24 hours after the rest of the world discovered how suspect the practice can be.

Apr 01 08:48

The “Billionaire’s Primary”: Meet America’s New Political Bosses

The Republican 2016 presidential primary season opened with the “Sheldon Adelson Primary.” The eight wealthiest person in the country, worth an estimated $40 billion, doesn’t have to wait for the official GOP primary season to start. He holds his own primary.

Apr 01 08:09

DNC Chair Can't Name A Single Problem She Would Fix In ObamaCare

Apr 01 08:05

The GREAT 21st Century MIGRATION to the SOUTH

Apr 01 07:40

In Thailand, A New Kind of Protest

Protesters put down placards and pick up pragmatism as they begin solving the problems created and/or neglected by the regime they oppose.

Tony Cartalucci
Activist Post

Since late October, 2013, protesters across Thailand have taken to the streets, occupied rally sites, seized government buildings and made their grievances known to the world. They stand in opposition of the regime of Thaksin Shinawatra - a Wall Street-backed billionaire autocrat, convicted criminal, accused mass murderer, and fugitive who is openly running the country from abroad via his nepotist appointed proxy, his sister, Yingluck Shinawatra.

Not entirely unlike other protests seen unfolding around the world, large mobilizations have periodically flooded the streets of Thailand's capital city of Bangkok, at times attracting over a million protesters.

Apr 01 07:34

GM adds 1.3 million cars to growing recall list as hearings looms

General Motors Co. GM +1.15% added another 1.3 million vehicles Monday to its growing list of cars in dire need of repair.

The problem this time? Power steering.

According to the company, seven models made between 2004 and 2010 could “experience a sudden loss of electric power steering assist.” While that doesn’t mean the cars can no longer be steered, it does mean it would be physically harder for the driver to turn the steering wheel, especially at slow speeds. And the company warns that could increase the risk of a crash.

Webmaster's Commentary: 

I can understand Top Gear's Jeremy Clarkson's disdain for American-made cars.

Apr 01 07:29

Coldwater Said to Prepare Bankruptcy Filing After Sale Bid

Coldwater Creek Inc. (CWTR:US), a women’s clothing retailer that hasn’t been profitable since 2007, may seek bankruptcy protection as soon as this week, according to three people with knowledge of the matter.

Apr 01 07:26

Jim Willie: Ukraine is the Waterloo Event for the US Dollar!

The desperation of the Anglo-American leadership, guided by the steady corrupt banker hands, has never been more acutely high, nor obvious in full view. The entire Ukraine situation is a travesty. It includes Langley agents killing police and street demonstrators from rooftops, the confirmation coming from the Estonian Embassy (translation of scripts). It includes thefts of official Ukrainian Govt funds, again sent to the Swiss hill sanctuary. It includes sanctions delivered by a US Paper Tiger, sure to cause horrific backlash.

Apr 01 07:25

Fizzy drinks fall flat as soda sales decline in U.S. even faster than expected

Americans cut back on soda at an accelerated pace last year, underscoring the difficulties Coca-Cola and PepsiCo face in winning back customers.

U.S. sales volume of carbonated soft drinks fell 3 percent in 2013, extending a streak of declines that began nearly a decade ago.

Apr 01 07:23

Shocking ’60 Minutes’ Report Will Shake Wall Street To Its Core!

The bombshell ’60 Minutes’ report below just released last night will shake Wall Street to its core. Exposing that Wall Street is rigged to the benefit of certain insiders who have made BILLIONS of dollars via computerized trading, this report should bring Wall Street to its knees.

Apr 01 07:21

'Playboy CEO stole $7 MILLION of company money to fund luxury lifestyle including splashing $171,000 on a Tiffany engagement ring and $90,000 on a trip to Vegas'

A New York-based Australian playboy is accused of embezzling over $7 million from his own mining company to fund ‘a high-class lifestyle for himself and his girlfriends,’ including private jets, a luxury yacht and a $171,000 Tiffany engagement ring for his Brazilian fiancée, a new lawsuit claims.

Apr 01 07:19

High Frequency Trading: Why Now And What Happens Next

Update: within minutes of publishing this article news hit that the FBI is launching a probe into HFT. QED

For all the talk about how High Frequency Trading has rigged markets, most seem to be ignoring the two most obvious questions: why now and what happens next?

After all, Zero Hedge may have been ahead of the curve in exposing the parasitism of HFT (anyone who still doesn't get it should read the following primer in two parts from Credit Suisse), but we were hardly alone and over the years many others joined along to expose what is clear market manipulation aided and abeted by not only the exchanges but by the regulators themselves who passed Reg NMS - the regulation that ushered in today's fragmented and broken market - with much fanfare nearly a decade ago. And yet, it took over five years before our heretical view would become mainstream canon.

Apr 01 07:17

Jim Rogers Says "Abolish the Fed and Resign"

Apr 01 06:32

Detroit to Shut Off Water Services in 140,000 Homes

Spring is usually a time of relief for people tired of the cold winter, but in Detroit the warming weather comes with a threat: once it’s warm enough that you won’t freeze to death, we are cutting off your utilities.

Anyone who follows the news knows that Detroit has fallen on some hard times. In 2013, the city filed for Chapter 9 bankruptcy, the largest city ever to do so. In an effort to get their financial woes behind them the city is turning to some less-than-compassionate means: Looking for ways to recuperate money, the city’s water company is going after the city’s residential customers who are behind on water payments, which is a lot of them.

That edict has the potential to affect an astonishing 140,000 homes around Detroit.

Webmaster's Commentary: 

If the city is stupid enough to actually do this, there will be riots three days later.

Mar 31 16:12

The Odds Are Never In Our Favor

How would you feel if you went to the store to buy something, and someone rushed ahead of you and purchased it first and then sold it to you at a higher price? Well, in the financial world this happens millions upon millions of times. In fact, this practice has become so popular that it has spawned an entire industry known as "high frequency trading". At this point, high frequency trading makes up about half of all trading volume on Wall Street, and it is costing the rest of us billions of dollars a year. And the funny thing is that this is all perfectly legal. High frequency trading firms are exploiting a glitch in the system, and by allowing this to go on, the authorities have essentially given them a license to steal from the rest of us. Sadly, this is just another example that shows that the odds are never in our favor. The "little guy" never seems to be able to win, and those at the top of the food chain like it that way.

Mar 31 14:12

Inflation Is Coming, What to Do—NOW

Jeff Clark, Senior Precious Metals Analyst
Casey Research

We’ve all heard of the inflationary horrors so many countries have lived through in the past. Third-world countries, developing nations, and advanced economies alike—no country in history has escaped the debilitating fallout of unrepentant currency abuse. And we expect the same fallout to impact the US, the EU, Japan, China—all of today’s countries that have turned to the printing press as a solution to their economic woes.

Now, it seems obvious to us that the way to protect one’s self against high inflation is to hold one’s wealth in gold … But did citizens in countries that have experienced high or hyperinflation turn to gold in response? Gold enthusiasts may assume so, but what does the data actually show?

Well, Casey Metals Team researcher Alena Mikhan dug up the data. Here’s a country-by-country analysis…

Mar 31 13:34

Is There Any Gold Left For Central Banks To Buy?

Jeff Nielson: Here is a conundrum for readers to unravel. Throughout 2011, 2012, and early into 2013; central banks in Eastern and Emerging Market nations went on the largest (official) gold-buying binge in history. This occurred as the currencies of these nations were relatively stable, and thus “inflation” pressures were relatively muted.

Now flash-forward to early 2014. We have what the mainstream propaganda machine is calling “the crises in Emerging Market currencies” (versus all the currencies of the corrupt, Western bloc). Let’s put aside the fact that the “collapse” of these currencies is just another mega-crime from the One Bank – committed while its banker-felons are currently being investigated for serial currency-manipulation.

Mar 31 12:42

More than 40% of Italians want to quit euro

A new poll has found that more than 40 percent of Italians would like the country to leave the European single currency.

Mar 31 12:32

FLASHBACK - Speed Traders Meet Nightmare on Elm Street With Nanex

The nemesis of Wall Street’s high-frequency traders operates out of an apartment-sized office above the Bliss Salon -- manicure/pedicure $45 -- on Elm Street in the Chicago suburb of Winnetka.

Staring at four computer monitors,Eric Scott Hunsader, the founder of market-data provider Nanex LLC, looks for hints of illicit trading hidden in psychedelic images of triangles dancing with dots that represent quotes to buy and sell U.S. stocks broken down by the millisecond.

Charts of trading produced by Hunsader’s eight-person firm have captivated everyone from regulators to art gallery owners. One stunt involved a computerized piano piece mimicking quotes for an exchange-traded fund. He infuriates some traders, who say Nanex draws unwarranted conclusions and spreads conspiracy theories.

Mar 31 12:01

Exclusive: U.S. Taxpayers To Spend $400,000 For A Camel Sculpture In Pakistan

The State Department is planning to spend $400,000 in taxpayer funds to buy a sculpture for the new American embassy being built in Islamabad, Pakistan, according to contracting records.

Mar 31 12:00

Bank of Hawaii is Closing The Accounts of Iranian Citizens

Bank of Hawaii is closing the accounts of Iranian nationals living in the state, a move that is angering Iranian activists and civil rights supporters.

A national Iranian organization sent a letter to the bank last week protesting the action.

“Bank of Hawaii has made a business decision to close all accounts belonging to customers with Iran citizenship,” according to a letter from the bank sent to 17 Iranian nationals in December.

Mar 31 11:47

Dear Unnamed "Significant Financial Institution": The DOJ Has Some Very Bad News For You

Fox Business' Charlie Gasparino leaks a hint that it may be, surprise, an High Frequency Trading firm (not really, considering Goldman is now actively bashing High Frequency Trading itself and promoting its own-supported IEX exchange, a move that has left many stunned)"

Mar 31 10:59

Instant Classic: Sebelius Literally Speechless After She’s Told How Unpopular Obamacare Is…

Mar 31 10:43

Capital Controls and 200% Price Hikes in Ukraine - And Ukraine Is In Better Shape Than The US!

Jeff Berwick
Activist Post

In a TV address to a torn nation, Ukraine's PM Yatsenyuk first implied heating prices would rise incrementally, and then later confirmed a plan to increase prices 100% in the next two years (and nearly 200% by 2017) as the cost of imported Russian gas is expected to rise to $500 from the current $84.

Not only did the Ukrainians have the hard rug of the consequences of statism pulled out from underneath them, but the move was followed with tougher capital controls, which restricted cash purchases to $1,300 per person per day after the Central Bank said "amid a tense situation in money markets" it is now broke...

Mar 31 10:26

Putin Flushes the US Dollar: Russia’s Gold Ruble Payments System Delinked from Dollar?

Putin has been preparing this move — the creation of a payment system in rubles completely independent and protected from the Dollar and the “killer speculations” (e.g. short-selling) of the big Western financial institutions — for a long time.

After sanctioning several Russian banks to punish Russia for Crimea, the Washington politicians were told by the financial power-to-be to step back because obviously, the Wall Street vampires understand that putting Russian banks outside the reach of their blood sucking teeth is never a good idea.

For Wall Street and the city’s financial services, countries like Russia should always have an open financial door through which their real economy can be periodically looted. So Washington announced that it was a mistake to enforce sanctions on all Russian banks; only one, the Rossiya bank shall be hit by sanctions, just for propaganda reasons and to make an example out of it.

Mar 31 10:21

The Start Of Food Shortages: Wheat Prices Soar Due to Ukraine Instability

The instability in Ukraine, and the annexation of Crimea has started to show up in the price of basic commodities such as wheat. Although the economic sanctions imposed on Russia by the USA and Europe were aimed at bringing Putin to heel, politicians have shown a flagrant disregard for the knock on effects of such sanctions.

Mar 31 10:20

Israel Banks on 10 More Years of US Aid

Despite misgivings over US President Barack Obama’s Mideast agenda and deep-rooted doubts about his ability to prevent a nuclear-armed Iran, the Israeli government is taking the US president at his word that it can expect another decade of military aid.

In fact, it’s banking on it.

Webmaster's Commentary: 

But Detroit can go pound rust!

Mar 31 10:04

Healthcare.gov crashes on day of deadline for enrollment under Affordable Care Act

Healthcare.gov, the troubled website set up to help Americans choose and enroll in a health care policy, crashed early Monday morning, on the final day to begin the process to apply for health insurance.

Webmaster's Commentary: 

Mar 31 10:00

U.S. Government Gives Out $164 Billion in "No Bid Contracts" in One Year

Although all federal contracts are supposed to be put out to bid, more than a third of them are non-competitive, that is there is only one vendor bidding on the chance to sell U.S. taxpayers goods and services.

The General Accounting Office (GAO) said that in fiscal 2013, the federal government agreed to $459 billion in contracts to purchase goods and services. Of that total, about $164 billion, or 35.7%, was in noncompetitive contracts.

Mar 31 09:53

260,000 graduates in minimum wage jobs

If you thought paying tens of thousands of dollars for a college education guaranteed a high-paying job, think again.

About 260,000 people who had a college or professional degree made at or below the federal minimum wage of $7.25 per hour last year, according to the Bureau of Labor Statistics.

Mar 31 09:50

Remember when?

Remember when they promised the website would be functional on October 1, 2013?

Mar 31 09:47

David Stockman: Why We Are Plagued With Drivel Masquerading As Financial Reporting

One of the evils of massive over-financialization is that it enables Wall Street to scalp vast “rents” from the Main Street economy. These zero sum extractions not only bloat the paper wealth of the 1% but also fund a parasitic bubble finance infrastructure that would largely not exist in a world of free market finance and honest money.

The infrastructure of bubble finance can be likened to the illegal drug cartels. In that dystopic world, the immense revenue “surplus” from the 1000-fold elevation of drug prices owing to government enforced scarcity finances a giant but uneconomic apparatus of sourcing, transportation, wholesaling, distribution, corruption, coercion, murder and mayhem that would not even exist in a free market. The latter would only need LTL trucking lines and $900 vending machines.

Mar 31 09:47

Flexing Control, Russia Raises Pensions for Crimeans

Moving quickly to envelop Crimea in the Russian bureaucracy and economy, the Kremlin announced plans on Monday to nearly double retirement pensions paid to the elderly on the peninsula, raising them to the average levels paid in Russia.

Webmaster's Commentary: 

Here in the US, the rush is on to cut Social Security benefits.

Mar 31 09:46

Is the U.S. stock market rigged?

Mar 31 09:08

U.S. judge OKs class action in e-book suit against Apple

A federal judge in New York granted class certification on Friday to a group of consumers who sued Apple Inc for conspiring with five major publishers to fix e-book prices in violation of antitrust law.

Mar 31 08:47

Iraq Buys $1.56 Bln of Gold, Biggest Purchase in 3 Years

Iraq bought 36 metric tons of gold this month valued at about $1.56 billion in the largest purchase by a nation in three years.

Mar 31 07:43

The Cashless Society Almost Here And With Some Very Sinister Implications

Waking Times

Among the long list of items bundled by consensus reality merchants under the banner of ‘conspiracy theory’, is a world without cash – where technocrats rule over the populace, and everything and anything is exchanged via plastic and RFID chips.

Mar 31 07:36

House GOP investigators say regulators twice declined to probe faulty GM vehicles

Congressional investigators said Sunday that federal regulators had declined on two separate occasions to open formal probes into complaints about an ignition switch defect in certain General Motors cars.

The finding was announced in a memo prepared by staffers on the House Energy and Commerce Committee as part of a continuing investigation into events surrounding GM's eventual recall of 2.6 million small cars due to the defect, which has been linked to 13 deaths in traffic accidents. The investigators also determined that GM rejected a proposed fix for the problem in 2005 due to both the length of time needed for repair and the costs involved.

Webmaster's Commentary: 

This seems to be a pattern in the US Government. They are always ready to harass ordinary people for the slightest crime, even the imagined crime of taking pictures of the police in public. But the agencies watching major corporations look the other way. SEC ignored Bernie Madoff for 12 years. MMS ignored the fact that the manual blowout preventer on the Deepwater Horizon was four years overdue for maintenance. There is yet to be a single arrest related to the 2008 mortgage-backed securities fraud.

Government is the most expensive thing you will buy on your life. Are you getting your money's worth?

Mar 31 07:21

Judge: Probation for du Pont heir in daughter rape because ‘he would not fare well’ in prison

A Superior Court judge who sentenced an heir to the du Pont fortune to probation for raping his 3-year-old daughter wrote in her order that he “will not fare well” in prison and suggested that he needed treatment instead of time behind bars, according to Delaware Online.

Webmaster's Commentary: 

The rich really do get away with everything!

Mar 31 07:15

Protesters storm Albuquerque police HQ as Anonymous targets department over killing of homeless man by 'cold blooded' officers that was caught on video

What started as a peaceful protest against the Albuquerque Police Department quickly turned violent by nightfall with officers in riot gear breaking out the tear gas.

At least 500 people gathered on the steps of the Albuquerque Police department on Sunday to condemn the recent police killing of 38-year-old James Boyd. Earlier this week hacktivist group Anonymous posted a video online calling for locals to occupy police headquarters and take a stand against Boyd's 'cold blooded' murder.

'Let them know that your city is not a place for war games against the homeless and the less fortunate,' the group said in the video.

Mar 31 07:08

High-Speed Traders Rip Investors Off, Michael Lewis Says

The U.S. stock market is rigged when high-frequency traders with advanced computers make tens of billions of dollars by jumping in front of investors, according to author Michael Lewis, who spent the past year researching the topic for his new book “Flash Boys.”

While speed traders’ strategies, developed over the past decade with help from exchanges, are legal, “it’s just nuts” that they’re allowed, Lewis said during an interview televised yesterday on CBS Corp.’s “60 Minutes.” The tactics are too complicated for individual investors to understand, he said.

Mar 31 06:59

Less Than 17% of Teenagers in Los Angeles County Have A Job

Teenage unemployment in the USA is just plain bad. There is no other way to put it. But some cities have fared even worse than others. Based on a report from the Brookings Institution which pooled data from 2010-2011, employment rates for teenagers ranged from an unexemplary high of just over 43% in Ogden, Utah to a low of 16.9% in Los Angeles, California.

Mar 30 22:50

Banking Union Time Bomb: Eurocrats Authorize Bailouts AND Bail-Ins

“As things stand, the banks are the permanent government of the country, whichever party is in power.” – Lord Skidelsky, House of Lords, UK Parliament, 31 March 2011

Mar 30 20:13

The Story of PFC John Needham & Iraq War Truth

Marking the eleven year anniversary of the illegal, and immoral invasion of Iraq, you will bare witness to three different pieces of evidence that prove the official narrative to be false. First is the story of PFC John Needham, who witnessed war crimes being committed, and was locked up and tortured by his own command for not partaking in them himself. His story is an example of what happens when we “embrace the dark-side” as Dick Cheney put it in the push for the invasion. Next up is a clip called THE VIDEO THE PENTAGON DOESN’T WANT YOU TO SEE. It exposes the reality of the invasion, from Depleted Uranium to indiscriminate killing of civilians, as well as other crimes; including the rape, murder, and cover-up of PFC LaVena Johnson. Finishing up is a clip called JUST WHO WERE WE FIGHTING IN IRAQ? After hearing it you will ask the same question yourself.

Mar 30 20:04

Bloomberg Editor Quits After Story Censored for Fear of Reprisal from China

Ex-Bloomberg editor Ben Richardson on why he decided to leave the company in response to the censoring of his news story about corruption in the Chinese government.

Mar 30 13:15

Sorry If This Report on Gold Makes You Dumber for Watching It

Remember when Ron Paul was running for president and chants of "End the Fed" filled the air? It's probably not an exaggeration to say that, prior to that, many people thought the Federal Reserve was an actual federal government institution.

It's not, by the way. It's a private entity. That'd be like saying FedEx is a part of the government simply because it has the word "federal" in the name.

Some, like investor Jay Today, point out that gold has been the world's true reserve currency for thousands of years. Gold been used as money for at least that long, anyway. There are hundreds of references to it in the Bible alone. Jay also noted that, for 100 years, the U.S. dollar and the British Pound Sterling saw no inflation because they were both fully backed by silver and/or gold.

I'm not going to pretend to be an economics guru, but the news report below made by brain cringe:

Mar 30 11:16

New Paper Shows Medieval Warm Period Was Global In Scope

And the oceans were 2 degrees warmer in the middle Holocene than during the last century. 3 strikes! You're out!

Andrew Revkin writes: Michael Mann can’t be happy about this work.

Here’s a chat with two authors of an important new Science paper examining 10,000 years of layered fossil plankton in the western Pacific Ocean. The paper finds that several significant past climate ups and downs — including the medieval warm period and little ice age — were global in scope, challenging some previous conclusions that these were fairly limited Northern Hemisphere phenomena.

(video follows, an interview with authors)

Mar 30 10:12

An idea whose time has come: Boycott the USA!

Boycott the USA! You read it here first.

"Impossible!" you say. "The USA leads the "international community;" boycotting the USA is silly fantasy."

Yet such a boycott could happen as people realize that the USA is the key part of an Axis bringing unlimited evil. Indeed, USA policy is so malign with such contradiction, that the men in white coats will soon be on their way to visit American leaders.

At present the USA is leading the movement to boycott and sanction Russia.

Mar 30 10:05

WELLS FARGO BANS AMERICAN FLAGS INSIDE THEIR BRANCHES

A Wells Fargo spokesman says they received multiple complaints from people in other states about U.S. flags on display in their banks so they have ordered flags removed at all branches across America.

Mar 30 09:36

Office Of Outgoing JPMorgan Asia CEO Raided By Hong Kong’s Commission Against Corruption

It just hasn’t been JPMorgan’s year. Or several years for that matter. The bank which has been on a steady downward slope when it comes to paying billions in quarterly “non-recurring, one-time” legal settlements and charges, and for which engaging in criminal behavior which is neither admitted nor denied, yet which has cost JPM nearly $30 billion in the past several years, has just had its latest “wristslapping” incident, one which involves none other than the recently departed CEO of JPM Asia, Fang Fang, whose office was raided on March 26 by Hong Kong’s anti-corruption agency amid a U.S. investigation into the bank’s hiring practices as reported by Bloomberg.

Mar 30 08:51

Dollar Hegemony Under Attack By Export-Superpowers Germany and China

The word dollar didn’t even come up. “The volume of transactions that can be carried out in the Chinese currency in international and German financial centers is not commensurate with China’s importance in the global economy,” the Bundesbank explained in its dry manner on Friday in Berlin, after signing a memorandum of understanding with the People’s Bank of China. President Xi Jinping and Chancellor Angela Merkel were looking on. It was serious business. Everyone knew what this was about. No one had to say it.

The agreement spelled out how the two central banks would cooperate on the clearing and settlement of payments denominated in renminbi – to get away from the dollar’s hegemony as payments currency and as reserve currency.

Webmaster's Commentary: 

Nixon's having decoupled the US dollar from the gold standard, along with quantitative easing by the dollarholics in this country, have led to the absolute demise of the dollar in world trade.

This is why we are seeing such a furious march toward a world war, as that worked twice before for the US government in terms of restoring the dollar as the hegemonic world currency.

However, that was before Russia and China had nuclear arms capability. And I would like to politely remind those in the bowels of power in DC and Tel Aviv that at this time in its history, the US military doesn't have the money, the manufacturing, or the troop strength to insure a positive outcome to a conventional war with Russia and/or China: and this is what makes the military scenario against either or both countries so scarily dangerous.

Mar 30 08:16

Death & The Paper Tiger

Morris: “…At the same time I see Israel jumping at the leads; you know wishing that if there’s any trouble in Ukraine it will use that to attack in the Middle East.”

K: That’s precisely why yesterday’s revelations about Israel’s attempt, with Soros, to use Flt 370 to concoct a major false-flag attack on the US and blame the destruction of half the US Capital on Iran, in order to start WWIII, from which there could be no “turning back” from what Israel sees as the absolute requirement for their version of nuclear WWIII.

The world too often forgets that “Everything’s Connected”

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