Oct 27 09:26

Top 10 Jobs Most Likely To Be Replaced By Robots

When there is talk of jobs replaced by robots, many people picture actual, old movie robots like in trying to handle things with hook arms. The world of automation, however, is far beyond that point now. Jobs being replaced by robots means people being replaced by robots. And robots mean any form…

Oct 27 09:24


Here's a chart that shows how the Status Quo "fixes" every problem: it transfers more debt and more losses to the taxpayers. Many hold a touchingly naive faith that the Status Quo will save them even as the current system unravels. Why is this faith naive? Let's start with this key question: does the Status Quo strike you as being even remotely competent?

Oct 27 08:47

Budget deal outlines reached as John Boehner looks to ‘clean the barn’ ahead of retirement

The White House and congressional negotiators reached the outlines of a deal Monday to suspend the debt limit and add more discretionary spending to this year’s budget, as all sides look to clear the decks ahead of House Speaker John A. Boehner’s retirement.

Webmaster's Commentary: 

Okay, so they are not raising the debt limit. They are simply going to ignore it. And your great great great great great great great great great grandchildren will be slaves to that debt!

Oct 27 08:05

The Central Bankers’ Death Wish

This is getting just plain ridiculous. The robo-traders were raging to the tune of 300 Dow points Thursday after Mario Draghi confirmed that he actually is a complete monetary lunatic. And now that the People Printing Press of China has followed suit overnight, they are piling on for more.

In fact, Europe is stranded in economic stagnation because statist dirigisme and the massive crush of welfare state taxation and finance have ground enterprise and productivity to a halt. But Draghi says it’s all China’s fault, and that he will fix their dereliction with even more monetary madness:

Oct 27 07:58

Russia and China Increase Gold Holdings As Central Banks Continue Loose Monetary Policies

Meanwhile in the physical gold market, withdrawals from the Shanghai Gold Exchange following the Golden Week holiday still remain strong. An impressive 53.4 tons was withdrawn in the week ending October 16th – week 40 – the first full week after the holiday. The year to date figure is a fraction short of 2,062 tons.

Looking at past years, demand does tend to fall off by a little at this time, but then picks up again as the year-end nears as stocks increase ahead of the Chinese New Year buying spree. Next year which will be the year of the Monkey under the Chinese zodiac – falls on Monday February 8th, suggesting strong gold demand in December and January.

In Chinese astrology, the Monkey is a symbol of health and wealth and those born under the influence of this sign are said to be intelligent, quick-witted and adventurous.

Oct 27 07:18

Outlawing Israel boycott in Europe revealed as key AIPAC goal

In June, President Barack Obama signed a demand by the Israel lobby for how the TTIP negotiations should be conducted into US law. Because of clauses inserted into the “fast-track” legislation, the US team in the TTIP talks has been instructed that one of its main objectives is to protect Israel’s interests.

Oct 27 07:17

EU Takes Countries To Court Over ‘Bail-In’ Laws

The European Commission is taking legal action against six European countries, including the Netherlands and Luxembourg, after they failed to implement rules that would allow for depositors to have their cash confiscated.

Webmaster's Commentary: 

"You WILL let us steal your money. And you WILL LIKE IT!"

Oct 27 05:08

'We are deeply disturbed': 343 British academics vow to boycott Israeli universities

Over 300 scholars from UK institutions have signed a letter vowing to boycott Israeli universities, citing Tel Aviv's “illegal occupation” of Palestinian land and “human rights violations.” The move has drawn criticism from Jewish organizations and diplomats.

The letter, signed by 343 academics, appeared as a full-page ad in Tuesday's Guardian newspaper.

“As scholars associated with British universities, we are deeply disturbed by Israel’s illegal occupation of Palestinian land, the intolerable human rights violations that it inflicts on all sections of the Palestinian people, and its apparent determination to resist any feasible settlement," it reads.

Oct 27 04:55

Ben Carson's Closest Confidant, Business Partner, & 'Brother-Like' Adviser is Armstrong Williams, Rabid Zionist & Disgraced Paid Propagandist for Bush Administration

Armstrong Williams, the black man posing as a 'conservative commentator,' is notorious for being exposed as a phony who took money from the Bush Administration to push the globalist 'No Child Left Behind,' garbage. Williams is presidential hopeful Ben Carson's 'right hand man'- and much more than that. The two are intimately close, Williams has a room in Carson's home, their families vacation together, Armstrong employs Ben Carson's sons, and is Carson's financial adviser and 'business partner.' The rabidly anti-Palestinian Williams recently accompanied Ben Carson to Israel. Despite pretending to be conservative while shilling for 'No child left behind,' Armstrong also admittedly used his blackness and 'minority status,' as opposed to his merit, to convince the FCC to let him buy up more TV stations. This is admitted in official FCC filings and papers. Armstrong recently tweeted "Here we go again.

Oct 26 17:44

The Myth Of Great Depression 2.0

Oct 26 15:36 Prepares for the Collapse

Overstock CEO Patrick Byrne’s crusade against naked short sellers in particular, and Wall Street and the Federal Reserve in general, has long been known and thoroughly documented (most recently with his push to use blockchain technology to revolutionize the multi-trillion repo market).

Oct 26 15:17

Who Is Writing Business Legislation In America? Answer: ALEC

The American Legislative Exchange Council (ALEC) – is generally the backdrop to most corporations and their legislation. Not that all corporations are inherently evil (they aren’t); there are still those we are rightfully wary of, and particularly those who have a history with ALEC. What is ALEC exactly, you ask? ALEC is in lay terms, an organization dedicated to capitalism and deregulation. Their free-market agenda is supposedly non-profitable, but when you scratch beneath the surface, their close relationship with congress and new legislations are difficult to misinterpret

Oct 26 13:50

‘Untouchables': Obama Cronies “Protected Wall Street’s Most Criminal From Prosecution”

It is utterly clear that Obama’s Justice Department went out of their way to avoid prosecuting Wall Street executives whose criminal misbehavior was behind the worst of the collapse.

The DOJ's excuse for failing to prosecute Wall Street executives - that it was "too hard to obtain convictions" – has always defied common sense.

Attorney General Eric Holder was nominally in charge of the Justice Department’s investigations – and it is well worth pointing out that he spent the entirety of his time after being Clinton’s Deputy Attorney General, at Covington & Burling, a legal firm that specializes in representing top Wall Street institutions.


Oct 26 13:06

A Perfect Storm? David Morgan Interview

Oct 26 13:02

Video: Bernie and the Big Banks

Is Sanders proposal to break up the big banks a solution to the power and concentrated wealth of Wall St.? Bill Black and Leo Panitch discuss and debate the plan.

Oct 26 12:23

New home sales fall sharply in September

Sales of new homes plunged sharply in September to the slowest pace in 10 months, as higher prices and slower overall economic growth weigh on the housing market.

Oct 26 12:19

Insurance premium increase of 85 percent a stunner

The owners of the Sockshop & Shoe Co. face a stunning 85 percent increase in the cost of their group health insurance plan for their employees.

“When you’re doubling the cost, it’s threatening,” said Eric Gil, co-owner with his wife Ellen of the longtime downtown business.

Ellen, with 2016 quotes from the insurance agent in hand, said, “One choice is the nuclear option — don’t offer insurance.”

This is not what they expected from the Affordable Care Act. They thought rates could go up 10 to 12 percent, hoping as more people got health coverage, costs would come down, but that’s not happening.

Oct 26 12:10

Gold to Rally & Dollar to Crash 2015

Oct 26 11:33

Economist Magazine Cover Foreshadows A False Flag Event That Will Happen In November?

Have the elite warned us that November 3rd and November 5th will be particularly important dates? The Economist has very close ties to the Rothschild banking dynasty of Europe, and it has been a well-known mouthpiece for the global elite for decades. That is why all of the weird imagery that was used on the cover of the January 2015 issue made so many headlines when it first came out. The elite often like to foreshadow what they intend to do in advance, and many were trying to decipher what many of the cryptic symbols might mean. For those that have not seen it yet, here is the full cover…

Oct 26 11:02


The true importance of the annual IMF meetings is not what happens in formal proceedings and seminars, but the various secret meetings of finance ministers, central bankers and private financiers that take place on the sidelines of the official conference. In these closed-door events, a select group of government and monetary officials, primarily those from the G7 and G20 nations, were invited to wine and dine with bankers at decadent dinners and lavish parties, and speak to private gatherings of the world’s top investors and money managers. It’s here, in these various meetings, where the world’s chief financial diplomats were able to meet, greet and receive praise or criticism from their true constituents: the global financial elite.

Oct 26 10:58

"Smaller Suppliers Will Go Out Of Business": Hail Mary Time For Wal-Mart, As Vendors Pushed To Brink

It's crunch time for Wal-Mart as the iconic retail behemoth struggles to cope with the fallout from a move to spend billions on wage hikes for its meagerly compensated hourly employees. In order to avoid passing on rising labor costs to customers, the company has set its sights on the supply chain where some smaller vendors now say they're being driven out of business entirely.

Oct 26 10:58

"Our Data Is Not Good" - US Companies Warn That A Recession Is Coming

"The ability of corporations to take a 1% to 2% revenue line [gain] and turn it into 5% to 6% profit growth is waning. They’ve run out of rabbits to pull out."

Oct 26 10:57

Housing Recovery Horror: New Home Sales Crash Most Since 2013 As Median Price Soars

Homebuilders were exuberant, The Fed was confident, and stock markets have recovered... so why did New Home Sales collapse 11.5% in September (missing a 0.6% drop expectation by a proverbial mile)? This is the largest MoM drop since July 2013. Worst still, the excitement of July and August data has been notably revised lower to press the current New Home Sales SAAR to 468k - its lowest since November 2014. At the same time, median home prices surged to $296,900 - the highest in 2015.

Oct 26 10:53

Barcelona Threatens To Print Parallel Currency, Madrid Seethes

Over the next six months, Barcelona’s left-wing city council plans to roll out a cash-less local currency that has the potential to become the largest of its kind in the world. While the socialist mayor's official reasoning is 'to boost economic opportunities for local businesses', perhaps there are somewhat less altruistic motives behind the move, such as encouraging people to embrace cashless currencies. It appears the war on cash has moved from one of words to actions (as it is likely no coincidence that most of the local community currencies that have been launched so far are in purely digital format, as would Barcelona’s.)

Oct 26 10:53


The International Monetary Fund is about to give a green light to the inclusion of the yuan to the reserve basket of currencies. The final decision is due in November.

"Everything is on course technically and there is no obvious political obstacle. The report leans clearly towards including the RMB [yuan] in the basket but leaves the decision for the board,” an IMF official told Reuters, preferring not to be named.

"There is no real discussion, no obstacles, all seems on course," another official added.

The IMF will decide in November whether to expand the current composition (US dollar, euro, yen and British pound) of Special Drawing Rights (SDR) with another currency.

The yuan has become the fourth most-used currency in global payments with a 2.79 percent share in August, surpassing the yen, according to the Society for Worldwide Interbank Financial Telecommunication (SWIFT).

Webmaster's Commentary: 

One has to wonder if this is the real reason why the US Navy appears to be hell-bent on creating mischief in their trip to the Spratly Islands, which China claims as its sovereign territory.

I am well past the point of believe in geopolitical "coincidence".

Oct 26 10:24

Here They Go Again: US Risks of Breaching Debt 'Same 2011 Scenario'

The US risks breaching its $18.1 trillion debt ceiling. This means that the United States has to avert a default by increasing the cap even higher. Otherwise, the government will no longer be able to sustain itself.

Webmaster's Commentary: 

Oct 26 10:23

Just When You Thought Wall Street's Heist Couldn't Get Any Crazier...

Just when you thought Wall Street’s heist of the U.S. financial system couldn’t get any crazier, along comes a regulator’s report on FDIC-insured banks exposure to derivatives. According to the Office of the Comptroller of the Currency (OCC), one of the regulators of national banks, as of June 30 of this year, Goldman Sachs Bank USA had $78 billion in deposits, and – wait for it – $45.7 trillion in notional amount of derivatives. (Notional means face amount of derivatives.) According to the OCC report, Goldman Sachs Bank USA’s notional derivatives are an eye-popping 563 percent of its risk-based capital. You and every other little guy in America is backstopping this bank because it’s, amazingly, FDIC insured.

Oct 26 10:23

US Economic Data Has Never Been This Weak For This Long

Despite the ongoing propaganda reinforcing America's "cleanest sheets in a brothel" economic growth, the fact is, there is a reason why The Fed folded, why Draghi doubled-down, why China cut, and why Kuroda will likely unleash moar QQE this week. It appears the 'trap' that central planners have set for themselves - by enabling massive financial asset inflation in the face of what is now the longest streak of economic weakness and data disappointment on record - now looks set to prove their impotence and/or Enisteinian insanity.

Oct 26 10:10

IRS inflation adjustments for 2016 taxes:

Oct 26 09:29

They Were There First, But Now Native Hawaiians Have Nowhere to Live

The nation’s most ethnically diverse state is having a huge homelessness problem—but it’s the native people who were there first that are disproportionately ending up on the streets.

At last count, there were 7,260 homeless people in Hawai‘i, giving the islands of Aloha the highest rate of homelessness per capita of any state in the nation. Hawai‘i Gov. David Ige on Friday declared a state of emergency to help the state speed up the process of building a homeless shelter for families.

Webmaster's Commentary: 

Thank you for wrecking our tourism industry, TSA!

Oct 26 09:16

Portugal Bars Majority Anti-Austerity Leftists From Taking Office

Portugal has entered dangerous political waters. For the first time since the creation of Europe’s monetary union, a member state has taken the explicit step of forbidding eurosceptic parties from taking office on the grounds of national interest.

Oct 26 09:15

'We're Under Water': Germany Shows Signs of Strain from Mass of Refugees

The unceasing influx of refugees is creating tremendous uncertainty in Germany. Many towns and cities are calling for help and the government appears to be rudderless. Pressure is mounting for Chancellor Angela Merkel to act.

Oct 26 09:13

Iran to join BRICS New Development Bank – report

Tehran intends to participate in the BRICS New Development Bank, the Iranian Tasnim news agency reported on Monday, citing an Iranian official.

The Iranian Deputy Minister of Economic Development Mohammad Khazaee said at a meeting of a joint Iran-Brazil economic council that the country is aiming to join the BRICS bank.

Oct 26 08:52

Is There Still “Value” In Small Caps?

Oct 26 07:02

We are lifelong Zionists. Here’s why we’ve chosen to boycott Israel

It is thus, reluctantly but resolutely, that we are refusing to travel to Israel, boycotting products produced there and calling on our universities to divest and our elected representatives to withdraw aid to Israel. Until Israel seriously engages with a peace process that either establishes a sovereign Palestinian state or grants full democratic citizenship to Palestinians living in a single state

Oct 26 05:25

Swiss Bank Hottinger BANKRUPT...

Oct 26 01:02

Survey: Millennials around the world worry most about economic inequality

Millennials around the world worry most about social and economic equality, remain skeptical of government and the media, and count Tesla CEO Elon Musk as one their heroes, according to a World Economic Forum survey released Sunday.

Oct 26 00:32

REPORT: 51% of working Americans make less than $30K a year

Fifty-one percent of working Americans make less than $30,000 a year, new data from the Social Security Administration (SSA) shows.

Oct 25 19:22

Number Of Food Banks Explode Across America

Oct 25 16:57

Banks are seriously discussing negative interest rates for normal people's savings

The concept of earning interest on money in the bank is so deeply ingrained into economic life that few people even know that the opposite can happen too: Banks can takea percentage of cash from your account in the form of negative interest rates, under certain conditions. Normally, this doesn't happen. Banks want your cash, and pay you interest on it, because the more deposits they have, the more they can lend it to others who pay them even more on their investments.

Oct 25 15:55

James Boyd's family donates $200K to local homeless-assistance organizations

This is the family of the homeless guy murdered in Albuquerque under color of law.

The killing of homeless camper James Boyd changed the landscape for how our city treats the homeless community. Boyd's family sued the Albuquerque Police Department in a wrongful death suit and was awarded $5 million in a settlement.

Many have asked what the family plans to do with the money. They said Friday they plan to donate a large portion.

Quietly, Boyd's brother, Andrew Jones, has helped lead the efforts to give the homeless in our city more resources.

Out of his own settlement money, Jones gave $100,000 to St. Martin's Hospitality Center and another $100,000 to Health Care for the Homeless.

Oct 25 14:34

EU banking chiefs are repressing their own workers to save the 1%

Insiders and internal documents from the European Central Bank show how powerful financial interests are eroding workers rights in the heart of Europe

Oct 25 13:40

The US Eoncomy Is A Mixed Bag

Oct 25 13:30

Ratio Of Paper To Physical: 309:1

Oct 25 13:21

Destructive austerity: Poverty and social hardship in the UK

Graham Peebles examines the devastating effects – and abject failure – of Britain’s neo-liberal programme to eliminate the budget deficit, and argues that what is needed is an approach that transcends ideologies and places the principle of sharing at its heart.

Oct 25 13:00

Our Infrastructure Is Falling Apart - The Railroads

I walked a 1/4 mile of train track in central Florida recently, and found that the tracks in many spots are not connected properly to the railroad ties, and some not at all. And these tracks run past houses. The tracks date back to the 1940’s. Perhaps our infrastructure should be a bigger priority than who we are going to bomb next, or what new weapon we can build.

Oct 25 11:38

Colorado Voters To Decide Who Gets Huge Overflow of Marijuana Tax Revenue

By Activist Post

Colorado literally doesn’t know what to do with all of the revenue from legalizing and taxing marijuana. The state has $66.1 million in excess tax revenue from recreational pot sales and the voters get to decide how it’s spent...

Oct 25 10:16

Barcelona Threatens to Print Parallel Currency, Madrid Seethes

Over the next six months, Barcelona’s left-wing city council plans to roll out a cash-less local currency that has the potential to become the largest of its kind in the world. The main goal of the project, according to a council spokesperson, is to boost economic opportunities for local businesses and traders.

The idea is for local stores and residents to be able to exchange euros for the new currency at a one-to-one parity, and use it to purchase products and services at a discount or with other kinds of incentives. But it doesn’t end there: the new parallel currency may also be used to pay certain subsidies, taxes and local services such as public transport, reports El País. Municipal workers could also receive part of their salary in the new money.

Oct 25 09:55

CAFR expert’s brilliant 400 words on US debt: government hides abundance as future liabilities, ‘retirement’ accounts, buying ‘debt’ from each other

Walter Burien is the leading expert on Comprehensive Annual Financial Reports (CAFRs). Beginning in 1990, Walter began documenting how governments manipulate their books to hide public money, but reveal part of what they do in CAFRs. I discovered Walter’s work in 2012, read CAFRs for the state of California, the City of Los Angeles, and Los Angeles County, and verified his information as correct. I document those CAFRs’ information here, along with the adventure of my California Assemblyperson and State Senator’s obfuscations and eventual official statements of, “No comment” when asked to verify what I found in the state CAFR. My 23-minute interview to explain my findings is the last video of this article. I found similar fraud in San Jose’s CAFR in 2015.

Oct 25 09:52

Overstock Holds 3 Months Of Food, $10 Million In Gold For Employees In Preparation For The Next Collapse

Overstock CEO Patrick Byrne's crusade against naked short sellers in particular, and Wall Street and the Federal Reserve in general, has long been known and thoroughly documented (most recently with his push to use blockchain technology to revolutionize the multi-trillion repo market). But little did we know that Overstock's Chairman Jonathan Johnson is as vocal an opponent of the fiat system, and Wall Street's tendency to create bubble after bubble, if not more than Byrne himself. That, and that his company actually puts its money where its gold-backed money is and in preparation for the next upcoming crash, has taken unprecedented steps to prepare for what comes next.

Oct 25 09:29

France Begins Testing Humanoid Robot to Help Shoppers

By Jason Erickson

A robot sales force continues to be rolled out in various forms. In North America, we have seen Lowe's department store test their version, called the OSHbot, which speaks two languages and can help customers select the correct item and physically lead them to it. Best Buy lets customers choose their products through an automated system, then have it retrieved with a robotic arm named Chloe. Now, "Pepper" aims to add an emotional element to the shopping experience...

Oct 25 08:12

Lessons Learned From The Kobayashi Maru

As I look at the world with all it’s craziness and doom as of late I am reminded of the Kobayashi Maru test from the Star Trek series. Allow me to explain further. The Kobayashi Maru is a Starfleet training exercise designed to test the character of cadets in the command track at Starfleet Academy. The test’s name is occasionally used among Star Trek fans or those familiar with the series to describe a no-win scenario, or a solution that involves redefining the problem and testing one’s character.

Oct 25 07:18

Flea Markets and Pawn Shops

Forget coin roll hunting. Get out in the sunshine at the local flea market. Do your homework first! Learn about jewels, get a jewelers loupe, a scale and be prepared to look at a lot of rocks. None of what I am about to say is financial advice. Just so you know, I have been burned twice–both times were my fault. Greed got in the way of making a good decision and I paid the price. Fortunately, I have not repeated these errors so, we simply move on.

Oct 25 04:57

Has Federal Reserve Policy Helped - Or Hurt - the American People?

(*The truth is getting out , but please bear in mind 'the market' isn't the same thing as 'the American people' )

Oct 25 04:03

Killing Off Community Banks - Intended Consequence of Dodd-Frank?

The Dodd-Frank regulations are so lethal to community banks that some say the intent was to force them to sell out to the megabanks. Community banks are rapidly disappearing – except in North Dakota, where they are thriving.

Oct 25 03:43

Spread the Word: TPP is Toxic Political Poison that Politicians should Avoid

At its root, the TPP is about modern colonialism. It is the way that Western governments and their transnational corporations, including Wall Street banks, can dominate the economies of developing nations. And it’s not too late to stop it.

Oct 24 19:04

CAFR expert’s brilliant 400 words on US debt: government hides abundance as future liabilities, ‘retirement’ accounts, buying ‘debt’ from each other

*hyperlinks/videos live at source*

Walter Burien is the leading expert on Comprehensive Annual Financial Reports (CAFRs). Beginning in 1990, Walter began documenting how governments manipulate their books to hide public money, but reveal part of what they do in CAFRs. I discovered Walter’s work in 2012, read CAFRs for the state of California, the City of Los Angeles, and Los Angeles County, and verified his information as correct. I document those CAFRs’ information here, along with the adventure of my California Assemblyperson and State Senator’s obfuscations and eventual official statements of, “No comment” when asked to verify what I found in the state CAFR. My 23-minute interview to explain my findings is the last video of this article. I found similar fraud in San Jose’s CAFR in 2015.

Oct 24 14:13

So Is This a Bear Market or Not!?

Oct 24 11:16

American Express Makes Bitcoin Technology Venture

With each passing month we see big developments being made with Bitcoin mobile payment technology. A recently announced American Express investment into a payment processor to create a new app is especially noteworthy. American Express has invested over $12,000,000 in a company named Abra to develop a new mobile app...

Oct 24 10:13

Bernie Sanders and Elizabeth Warren Attack Predatory Wall Street Bankers

At a committee hearing on Thursday, Sens. Bernie Sanders and Elizabeth Warren accused Wall Street bankers and fund investors of bleeding Puerto Rico’s economy dry in an attempt to maximize returns on high interest rates. Instead of recklessly driving Puerto Rico further into crippling debt, Sanders and Warren have called for these financial institutions to allow Puerto Rico to restructure its debt in a way that protects residents, ordinary investors, and pension funds in the U.S.

Oct 24 08:56

FLASHBACK - THIS Is Exactly The Reason Behind The Insane Push For War Against Russia: Putin Is About To Nationalize Rothschild Central Bank

Under the Constitution, the CBR belongs to a foreign State – the City of London – and is taking orders from London and Washington. This bank can only print money corresponding to its cash in foreign currency, which is not sufficient for Putin´s purposes. The CBR even has to buy (worthless) US bonds for the dollars paid for Russian oil – whereby the dollars return to the FED!

Webmaster's Commentary: 

The Russian economy was enslaved to the private central bankers. Putin has broken it free. And because an economy still enslaved to private central bankers cannot possibly compete with a free economy, Russia has become a powerhouse, withstanding both overt and covert attacks on its economy and building a modern formidable military now on display over Syria. Meanwhile, here in the US, the US Government, instead of creating its own interest free money as authorized under the Constitution, will borrow trillions more from our masters the private central bankers and if we are loyal Americans we shalt not complain about the selling of our children into permanent debt-slavery to our rightful owners!

Any idiot can see that since the end of the last Cold War, life in Russia has gotten much better while life in the US has descended almost to Soviet levels of oppression!