Nov 23 08:34

Soaring Global Debt – The Reality Check in Numbers

The fact that global debt is growing throughout the world is widely acknowledged and well documented. However, when faced with the numbers, the magnitude of the problem is still quite shocking to read. An article last week in Washington’s blog gives us a stark and timely reminder of those facts. The volatile geo-political environment we are entering into, coupled with this growth-stifling debt, makes for a dangerous economic combination.

Webmaster's Commentary: 

Nov 23 08:25

The U.S. Dollar Has Already Caused A Global Recession And Now The Fed Is Going To Make It Worse

The 7th largest economy on the entire planet, Brazil, has been gripped by a horrifying recession, as has much of the rest of South America. But it isn’t just South America that is experiencing a very serious economic downturn. We have just learned that Japan (the third largest economy in the world) has lapsed into recession.

Nov 23 08:08

Perfect Russia for the West: Kneeled and in tatters

The buzz about "Russia is running out of money" does not seem to match the data on Russia's investment in the construction of Vostochny (Eastern) cosmodrome (4.8 billion dollars), in the construction of infrastructure and stadiums for the FIFA World Cup 2018 (50 billion dollars), in the construction of the bridge across the Kerch Strait (from mainland Russia to Crimea - 3.5 billion dollars), multi-billion-dollar investment in the construction of gas pipelines, nuclear power plants, highways and so on and do forth.

In October, Russia launched eleven new large-scale productions totaling over 500 million rubles each. Since the beginning of this year, as many as 206 large factories have been launched, including the ones with the participation of foreign capital that is supposedly flowing out of Russia in a scale that makes one wonder how it has not flown out completely yet.

Nov 23 08:07


For a company that is long accustomed to getting its way in just about every jurisdiction on planet Earth, the constant obstructionism of the Mexican justice system is beginning to wear thin for Monsanto. But the company and its rivals still have one ace up their sleeves, a weapon that has the potential to obliterate Mexico’s judicial resistance in one fell swoop: the Trans-Pacific Partnership, the world’s biggest trade agreement that was recently signed by the governments of 12 Pacific-rim nations, including Mexico.

Buried deep within the 5,000-plus page deal is the Intellectual Property Rights charter which, among many other sinister things, requires all 12 TPP countries to join a number of global intellectual property treaties. One of those treaties is the International Convention for the Protection of New Varieties of Plants 1991 (UPOV 91), an agreement that elevates the rights of seed companies over farmers’ rights.

Webmaster's Commentary: 

Mexican farmers have every right to be deeply concerned about GMO corn.

As reported at in October of 2012:

Scientists have created the ultimate GM crop: contraceptive corn. Waiving fields of maize may one day save the world from overpopulation. The pregnancy prevention plants are the handiwork of the San Diego biotechnology company Epicyte, where researchers have discovered a rare class of human antibodies that attack sperm. By isolating the genes that regulate the manufacture of these antibodies, and by putting them in corn plants, the company has created tiny horticultural factories that make contraceptives. "We have a hothouse filled with corn plants that make anti-sperm antibodies," said Epicyte president Mitch Hein. Still unknown is who funded this original research (UPDATE, major funding was from the USDA) . But once the Epicyte gene, which irreversibly sterilizes humans who eat it, was patented, Monsanto and DuPont bought the company in order to "commercially exploit" the Epicyte gene. That means they had a customer for this product! Who is buying this gene and where is it being used? After ten years, how many GMO products have included this human-sterilization gene? One of the last of Tom Clancy's books that he authored alone was called "Rainbow Six", and the villain of the book was a group of money-junkies who decided that Earth was too "polluted" with the poor and wanted the Earth to go back to nature (except of course for their own personal palaces). Art mirrors life? We know that ultra-rich like Melinda Gates openly support forced population reduction in the apparent belief that having a lot of money gives them the right to play God with the rest of humanity. Personally I think that if the population is to be reduced, that we start with such self-declared deities, to be followed by those who would condemn millions to death in wars to make a fast buck. But of greater concern is this. The Epicyte gene was in corn down in San Diego more than ten years ago. And we know know that modified genes can jump species through pollination, which is why the weeds once killed by Glyphosate are now as "Roundup Ready" as the GMO crops themselves. And we know that these modified genes can also jump from the original GMO frankenfood onto the natural varieties. Many people are already familiar with the case of Percy Schmeiser, who did not want GMO crops on his farm but discovered to his horror that pollen blowing from a neighboring field had contaminated his crops. When he complained, Monsanto sued him for "Patent Infringement" and demanded Schmeiser pay a technology fee to use his own saved seeds, since they included Monsanto's patented genes, and Schmeiser knowingly was replanting them. Schmeiser eventually persuaded the courts that he had never wanted Monsanto's products and the courts ruled against Monsanto, who eventually agreed to pay the costs to decontaminate Schmeiser's farm. Other farmers were not so lucky in the courts, and lost their farms to Monsanto in patent infringement lawsuits. The point is that for ten years, pollen from corn containing the Epicyte gene has been blowing around Southern California farms (along with everywhere else the Epicyte gene was "commercialized"). How far it has spread is impossible to determine without an extensive genetic survey of the food supply. That it may already be global cannot be ruled out. But there is no question that birth rates are in decline. While the corporate media may blame this birth rate drop solely on the economic problems (and there is no question this is a factor) there is also no question that doctors were noticing a sudden uptick in fertility problems back in 2008 before the economic explosion even happened. And the sudden reverse in US birth rates actually occurred in 2007, again before the economic crash took hold. Were economics the only factor, one would expect a smoother transition in birth rates as birth rate slowed, then plateaued, then went into decline, accelerating as the economy worsened. But in the above graph we see a sudden and dramatic reversal, suggesting some other cause. Note the drop is especially heavy in the Hispanic population, whose traditional diet relies very heavily on corn.

Nov 23 07:52

JFK Secret Societies Speech (full version)

Nov 23 07:52


Western leaders have agreed to extend sanctions against Moscow by six more months over the crisis in Ukraine.

During a brief meeting on the sidelines of the week-long G20 summit in Antalya, Turkey, the leaders of US, Germany, Italy, the UK and French foreign minister Laurent Fabius, who represented President Francois Hollande at the summit, concluded to uphold pressure on Russia until July next year, ahead of elections in eastern Ukraine, Reuters reported on Sunday, citing an unnamed senior European diplomat.

The current round of sanctions is due to end in January, before full implementation of the so-called Minsk peace deal, which intends to resolve the standoff between Kiev and pro-Russian forces in eastern Ukraine.

“The elections in Ukraine are heavy lifting. We only have a chance to get what we want if we play the sanctions card. Financial sanctions need to stay in place until the bitter end," the diplomat further said.

Webmaster's Commentary: 

Looking at this decision by the leaders of US, Germany, Italy, the UK, and France reminds me of a brilliant one-liner by the American comedian Ron White: "you can't fix stupid".

And stupidity, coupled with hypocrisy, is almost always destined to create catastrophe.

The crisis in Ukraine was generated by the US, the EU, and the IMF last year,when the duly elected government of Yanukovich was overthrown, and Poroshenko was installed in order to make Ukraine more eurocentric, economically.

When Crimea's leadership realized that its duly elected government no longer existed, they sponsored a free and fair referendum in which the people of Crimea voted to rejoin the Russian Federation, and Russia accepted that request. Remember; it was only in the 1950s when Crimea was annexed to Ukraine by Nikita Khrushchev, himself an ethnic Ukrainian.

Russia did nothing wrong, and the West is attempting to punish Russia for something the west, itself, did by supporting the overthrow of Yanukovich.

And what the continuation of these sanctions will ultimately do is pull Russia and China even closer together, economically and militarily.

As I read this report coming out of Antalya with absolute despair and disgust, it appears very evident to me that of the prime criteria for working for Western governments is the pathological inability to think anything through to its logical conclusion.

Nov 23 06:48

Ultimate Weapon in Existential Struggle: Using the TPP for Hostile Takeover of Mexican Agriculture

Resisting Monsanto, the world’s largest, most influential GMO giant, is an almost impossible task. The corporation boasts more back channels and revolving doors with national governments and regulators than just about any other company on the planet, not to mention a fearsome army of corporate lawyers and lobbyists. Few countries are more aware of this fact than Mexico, where a small collective of activist groups, scientists, artists and gourmet chefs have been engaged in a titanic legal struggle with Monsanto. Although they keep winning crucial battles, the war is still likely to be won by Monsanto, thanks to one key weapon in its arsenal: the Trans-Pacific Partnership.

Nov 23 04:55

$1 Trillion & US Debt in Physical $100 bills

A good visualization of the size of US debt if it had to be issued as printed $100 Dollar Bills.
This video is from 2013 so all the towers are completed.
If the $120+ trillion created on computers by Rothchilds and friends had to be printed money, the towers would fill Manhattan

Nov 23 04:25

Ukraine’s Debt to Russia: Detonator for Global Financial Chaos

The $3-billion loan Russia provided to Ukraine in December of 2013 will mature in a month and a half. Kiev has made the decision to overlook what it owes to Russia. Such daring, or perhaps it should be called audacity, can be explained by the fact that the Ukrainian government senses that it has the support of Washington. And the US is even working to get Kiev’s financial chicanery blessed by the IMF.

Nov 23 04:00

Upcoming Third Intifada will Alienate Israel Psychologically and Economically

The Third Intifada whose essence would be ” smart resistance ” ( isolation of Israel economically through the non-violent methods). Third intifada would be a collective participation of the world along with the Palestinian, to terminate the oppressive characteristic essence of Zionism.

Nov 22 22:53

Bankster Games

only little people go to jail

Nov 22 16:45

Monsanto layoffs hit US

Nov 22 16:36

Crude Oil: How Low Will Prices Go?

Nov 22 15:18

UK local authorities crack down on the homeless

Local officials in Britain have responded to the growth of social destitution resulting from continued mass unemployment and cuts to social spending with sweeping efforts to crack down on the homeless population.

Earlier this the Labour Party-led Manchester City Council banned homeless people from setting up any form of temporary accommodation anywhere in the centre of the city.

Nov 22 11:38


Remembering the Life and Music of Labor Agitator Joe Hill, Who Was Executed 100 Years Ago Today

Nov 22 11:27


Nov 22 11:08

Insiders done sell but no tick up in buying.

Nov 22 10:31

Hang Onto Your Wallets: Negative Interest, the War on Cash, and the $10 Trillion Bail-in

Remember those old ads showing a senior couple lounging on a warm beach, captioned “Let your money work for you”? Or the scene in Mary Poppins where young Michael is being advised to put his tuppence in the bank, so that it can compound into “all manner of private enterprise,” including “bonds, chattels, dividends, shares, shipyards, amalgamations . . . .”?

Nov 22 10:25

Britain to boost counter-terror spending by 30%

Britain is to increase its counter-terrorism funding by 30 percent in the wake of the Paris attacks, finance minister George Osborne said Sunday.

Nov 22 10:02

Jim Willie: Global Reset Delayed

Nov 22 09:06

Housing Starts - Lumber’s Message

Nov 22 05:11

Homeless Ex-Banker: 'The American Dream Is a Load of Crap'

The story of “Allen”, a former banker who now spends his days in San Francisco soup kitchens, serves as an sobering allegory for America's universal decline. Allen, who worked for 30 years in the corporate world, is 61 years old with 2 college degrees. Now he has nothing. His story was featured in an HBO documentary, “San Francisco 2.0”. Coming from an ex-banker, Allen's comments about the state of America are both damning and poetic.

Nov 22 04:44

Strangling the Palestinian Economy

Israel has exploited the Palestinian economy — directly and through its illegal settlement enterprise — since its occupation began. It has confiscated Palestinian land and property for settlement construction and agriculture; seized water resources (the more than 600,000 settlers now use six times as much water as the 2.6 million West Bank Palestinians); taken over tourist sites; and exploited Palestinian quarries, mines, the Dead Sea, and other non-renewable natural resources.

Nov 21 22:08

Walk the Talk Hawaii

The 2 main reasons we are walking :
1) It's a Homeless Awareness Event.
2) This event is a fundraiser for us.

While "people are aware there is a homeless issue", Many people are NOT aware of what the actual issues are that hinders a homeless persons ability to make progress and move their lives forward. Sometimes there are common issues like lack of Birth Certificates and ID's. Sometimes the obstacles are more unique to an individual person.

Our goals with this event are to help the public understand some of these issues, and to raise money to help people overcome their obstacles.

Webmaster's Commentary: 

I just met the gentleman who organized this event. Sadly, it is almost over and I did not hear about it because our local Hawaii corporate media, ever mindful to protect the illusion of a healthy Hawaiian economy, avoids stories reporting on the scale of the homeless and hungry here in Hawaii, refused to give this event any coverage.

Tomorrow is the last day, but we will have Curtis on the radio show the week after Thanksgiving. Do click the link so he knows word got out somehow.

Nov 21 21:31

Perhaps the best 5 minute geopolitical and economics lesson you’ll ever see. From the movie NETWORK

Ned Beatty isn’t totally right here but there’s a good bit of truth in what he says. Regardless below is one of the greatest scenes in all of cinema and everyone should see it.

Nov 21 19:10

Has Free Trade Wrecked American Manufacturing?

This criticism of free trade is wrong.

To understand why it is wrong, first consider this chart of the per capita output of American manufacturing. It is not a chart that most Americans have ever seen. Economist Mark Perry has provided it.

Nov 21 18:23

Immigration, World Poverty and Gumballs

Nov 21 10:18

Fed To Hold An "Expedited, Closed" Meeting On Monday

Given how awesome everything appears to be, judging by stocks and the tidal wave of FedSpeak of the last week confirming that rates are rising in December, we found it at least marginally 'odd' that out of the blue, The Fed would announce an 'expedited, closed' meeting on Monday...

Nov 21 10:15

Study: Young Brits will be poorer than parents

A new study says today’s young people in the UK will be poorer than their parent’s generation.

Nov 21 10:14

More U.S. Plants Closing Thanks to Washington's Trade Negotiators

The Obama Administration continues its misguided focus on poorly negotiated trade deals, like the Trans-Pacific Partnership (TPP), while ignoring market distorting factors that are harming U.S. economic growth.

Nov 21 09:58

Kingman might hold off on tax measure due to finance scandal

A finance scandal that has rocked Kingman City Hall has sparked elected officials to contemplate withdrawing the tax proposal they were placing before voters in a special election in May.

They fear allegations that the No. 2 officer in the northwestern Arizona city's finance department stole more than $300,000 from the city to cover her gambling debt could create an unfavorable climate for asking voters to impose a primary property tax upon themselves. The city does not now assess a primary property tax.

Nov 21 09:23


Fourteen African countries, the former French colonies, although they have long gained independence, are still paying tribute to his colonizer - France!

When Sekou Toure in 1958 decided to liberate Guinea from colonial bondage and take the road to independence, the elite in Paris was so furious that it decided to destroy all that her administration has created in that country. Three thousand Frenchmen shortly after that fled Guinea bringing with them all the assets that they could carry, and destroying everything that they could not take with them: schools, kindergartens, public buildings, cars, tractors ... Some have even leaving poisoned horses and cows on their farms and food in warehouses destroyed. The meaning of this furious act was to send a message to other French colonies that the price of their emancipation will be very high.

Free, but poor

Nov 21 09:04

On Campus at U.PE: The University of Practically Everywhere

Fred on modern day college level Edumaksion!

You are now officially in college. You need to know several things about this condition. You will not like knowing them, which is part of why they are important. I will elucidate.

To begin, you do not belong here. You are spoiled, self-important, narcissistic, infantile brats, unprepared for college work, in which you likely have little interest. In the past, students of your age were almost adult and trying to learn how to be adults. You are different, alas. Your chief interest for four years will be in avoiding adulthood. This will be easy because you are less mature than earlier students, less prepared academically, and less ready for university.......

Nov 21 08:51

Hang Onto Your Wallets: Negative Interest, the War on Cash, and the $10 Trillion Bail-in

In uncertain times, “cash is king,” but central bankers are systematically moving to eliminate that option. Is it really about stimulating the economy? Or is there some deeper, darker threat afoot? Remember those old ads showing a senior couple lounging on a warm beach, captioned “Let your money work for you”? Or the scene in Mary Poppins where young Michael is being advised to put his tuppence in the bank, so that it can compound into “all manner of private enterprise,” including “bonds, chattels, dividends, shares, shipyards, amalgamations . . . .”?

Nov 21 06:51

Insurers tell Walmart they’re not paying Tracy Morgan crash settlements

Walmart’s private fleet has sued a group of insurance companies for refusing to pay the retail giant’s settlements with victims, including actor Tracy Morgan, in the high-profile June 2014 crash on the New Jersey turnpike that left one person dead and several others severely injured. The crash occurred the morning of June 7, 2014, when Walmart driver Kevin Roper allegedly dozed off before rear-ending a Mercedes Sprinter van carrying Morgan, McNair and about half a dozen others. Roper has been charged with vehicular homicide. The National Transportation Safety Board in its review of the crash determined Roper had slept just four hours in the 33 hours preceding the fatal collision. He drove 800 miles in his personal car the night before from Georgia to Delaware before beginning his on-duty time the morning of the crash.

Nov 21 04:12

Political instability engulfs Southern Europe

Developments in Portugal are just a part of the ongoing crisis in the Southern Europe where EU-mandated austerity measures conducting a serious disaffection of the citizens and pushing Euroskeptics to the power. Greece is still struggling to keep its creditors at bay. Spain has a fragmented political landscape, with four main parties competing for seats in the parliament. Meanwhile, the Catalonian Parliament has started the independence process to separate from the central government in Madrid.

Nov 21 03:56

Paris Attacks are a game changer: First look at the possible ramifications

With the November 13-14 Paris attacks, the world has passed a tipping point in what is sure to be a decades-long battle against Islamist terrorism. It is already abundantly clear that the November 13-14 terrorist atrocity could change the course of international politics. Flush with cash, the Islamic State has proven its ability to recruit Europeans into its ranks and attack any country located thousands of miles from the Middle East.

Nov 20 19:10

October worst for UK public finances in 6 years

The UK government’s deficit-cutting drive has suffered a heavy blow ahead of its spending review on Wednesday after official figures showed the worst October for the public finances over the past six years.

Nov 20 17:08

Oil May Plunge to $20, Signalling Economic Disaster: “The Numbers Are Dreadful And Unprecedented”

Dramatic overproduction of oil has become a major tool of geopolitical conflict and a harbinger of impending economic doom.

The world is running out of storage facilities for surging supplies of oil and may soon exhaust tanker space offshore, raising the chances of a violent plunge in crude prices over coming weeks, experts have warned.

Goldman Sachs told clients that the increasing glut of oil on the global market […] could send prices plummeting to $20 a barrel, the so-called ‘cash cost’ that forces drillers to abandon production.


Nov 20 16:44

Support pours in for fired E. Greenbush Walmart employee who redeemed $5.10 of cans

Thomas Smith, 52, of Albany, an ex-convict who was formerly homeless, was fired from his $9-an-hour job gathering shopping carts at the Walmart Supercenter in East Greenbush after he redeemed $5.10 worth of discarded empty cans and bottles.

Nov 20 16:39

Homeless ex-soldier, 82, dies hours after being evicted from his squat in Manchester city centre

Known only as George, he is believed to have passed away from bronchial pneumonia, a support group for veterans has revealed.

Nov 20 16:38

Transition to National Currencies in Russia-Iran Trade Matter of 2-3 Weeks

The process of switching to national currencies in transactions between Moscow and Tehran may be completed very quickly, a senior Iranian official said.

Nov 20 16:19

After raising record $3.4M on Kickstarter, UK drone startup collapses

The British drone startup that set a record for the most-funded European Kickstarter project earlier this year has now folded, according to a statement sent to backers on Wednesday.

Earlier this month, cofounder and CEO Ivan Reedman abruptly left Torquing Group, citing “personal health issues and irreconcilable differences.”

In January 2015, Torquing Group concluded its Kickstarter campaign to fund production of its handheld drone, known as the Zano, raising more than £2.3 million ($3.4 million) in under two months.

Nov 20 15:32

Government borrowing worst October figure in six years

Public sector net borrowing (PSNB) rose £1.1bn in October compared with the same month a year ago to £8.2bn, official figures show.

That is the highest level of borrowing in October in six years.

The government has borrowed £54.3bn so far this year and is making slow progress on meeting the Office for Budget Responsibility's (OBR) forecast.

Nov 20 14:52

For the business owners out there

Nov 20 13:24

Hang Onto Your Wallets: Negative Interest Rates, the War on Cash, and the $10 Trillion Bail-in

Remember those old ads showing a senior couple lounging on a warm beach, captioned “Let your money work for you”? Or the scene in Mary Poppins where young Michael is being advised to put his tuppence in the bank, so that it can compound into “all manner of private enterprise,” including “bonds, chattels, dividends, shares, shipyards, amalgamations . . . .”?

That may still work if you’re a Wall Street banker, but if you’re an ordinary saver with your money in the bank, you may soon be paying the bank to hold your funds rather than the reverse.

Webmaster's Commentary: 

Again, please have no more money in the bank than you need to pay your bills; when the excrement hits the ventilation fan in this country, things will get nasty when it comes to both banking, and cash.

Nov 20 13:22

US Economy Is Collapsing – Americans Are Out Of Money

Retail sales this holiday season are setting up to be a disaster. Already most retailers are advertising “pre-Black Friday” sales events. Remember when holiday shopping didn’t begin, period, until the day after Thanksgiving? Now retailers are going to cannibalize each other with massive discounting before Thanksgiving.
Anybody notice over the weekend that BMW is now offering $6500 price rebates? The collapsing economy is affecting everyone, across all income demographics.

Nov 20 11:44

The End Of The Recovery, In One Chart

Nov 20 11:16

The Return of Korematsu

Last week’s terrorist attack in Paris provoked a backlash among American politicians against the Obama administration’s plans to resettle Syrian refugees. They rushed to protect their constituents from potential ISIS members who could be lurking among the 10,000 refugees that the Obama administration hopes to admit into the country over the next year.

It’s natural enough to wonder, in response to the murky reports of a Syrian passport found at one of the bombing sites, about the United States’ own procedures for screening Syrian refugees. It turns out that refugees chosen for resettlement are exhaustively vetted by law-enforcement and intelligence agencies, with an average processing time of 12 to 24 months, before setting foot on U.S. soil.

Webmaster's Commentary: 

While I condemn the internment of Japanese Americans during World War II, as a great moral blot on this country's history, and believe in thorough vetting of ALL refugees who come here, there is a question that must be asked: why is Obama so completely keen on bringing in so many Syrians, when there are not even enough jobs for people who were born here?!/

What will the financial ramifications to this country's budget, where the US treasury is nearly broke?!?

The only thing I can think of (and be aware: most of these refugees are being located in Republican states) is that when they are ultimately eligible to vote (and in states with no voter ID laws, that could be ...tomorrow), this country will have another block of solidly Democratic voters, grateful for their opportunity to be here.

Yes, this is a very cynical evaluation of what is going on with Obama's obsession to relocate Syrian refugees here; but it is nonetheless absolutely correct.

Nov 20 10:55

With Loss of American Jobs, Illegals Now Fleeing U.S.: “Mexican Migration Is at an End”

The death of American jobs is driving illegal immigrants back to Mexico; but Asian workers from China and India are now coming instead. According to Pew Research:

More Mexican immigrants have returned to Mexico from the U.S. than have migrated here since the end of the Great Recession, according to a new Pew Research Center analysis of newly available government data from both countries.


Nov 20 09:09

Avoid Wealth Destruction

Today when gold in US dollars is making a new correction low, the paper shorts are elated. They believe they can win this game of frightening every gold investor to sell their holding. But this elation is likely to soon turn to desperation.

Nov 20 09:03

EU look to ban Bitcoin after Paris attacks

Bitcoin could soon be banned in the European Union pending the outcome of a meeting scheduled for Friday in Brussels in the wake of last week’s deadly terror attacks in the French capital.

Nov 20 08:37

Gold and the Reverse Goldfinger Effect

Nov 20 08:15

Don't let that cop search your car! The U.S. Supreme Court ruled in 1998 That A Traffic Stop Doesnt Authorize a Vehicle Search

I saw it recently at a taco place. This woman in the photos was pulled over by a CHP officer, who started immediately rummaging through the woman's vehicle while she obediently stood at the cops car and watched. In the photo to the right, you can see the officer's boot as the rest of his body is inside the car, with him rummaging through the woman's back seat. Later, he digs through her purse on the hood of his car as she stands there and watches. This woman should not have consented, and neither should you. The U.S. Supreme Court has already addressed this issue, In Knowles v. Iowa, (1998), ruling " "the need to discover and preserve evidence does not exist in a traffic stop, for once Knowles was stopped for speeding and issued a citation, all evidence necessary to prosecute that offense had been obtained"

Nov 20 07:34

Michael Rivero: Paris, Fukushima and Crimes Against Humanity

The situation in Paris is not all that different from other events that we have been dealing with for much longer. The same people telling lies and deceiving the masses with propaganda to push whatever agenda the elite deem necessary.

I sat down with Michael Rivero from What Really Happened to discuss some of the more serious situations that are currently unfolding. One situation happened on Friday 13 in Paris and the other has been an ongoing global nightmare that, today, gets very little attention and very little coverage.

Nov 20 07:32

China Cracks $64 Billion `Underground Bank' Moving Money Abroad

China said it cracked the nation’s biggest “underground bank,” which handled 410 billion yuan ($64 billion) of illegal foreign-exchange transactions, as the authorities try to combat corruption and rein in capital outflows that have hit records this year.

Nov 20 07:22

EU Might End Friendship With US as Washington’s Policies Hurt Europe

Europe has suffered a great deal over the past couple of years due to US-fueled anti-Russian rhetoric that Washington forced on the EU, John Laughland, the director of Studies at the Institute of Democracy and Cooperation, told Radio Sputnik.

The EU is beginning to realize that they are the ones paying the price for Washington's anti-Russian rhetoric and poor US policies in the Middle East. The United States is destroying Europe by helping to cause the refugee crisis in the Middle East and terrorist attacks, Laughland said.

Nov 20 07:00

Rdio's collapse another nail in the coffin of the 'digital economy'

The “digital music economy” now resembles three bald men fighting over the same hairbrush.

It’s hard to think of a better emblem for the current “plantation era” of internet exploitation has led us than digital music. And it’s hard to imagine a more perfectly shitty outcome for creators, and ultimately for consumers who love music. You’ll run out of bullets before you’ve run out of blame for this sad situation - because there’s so much of it to go round.

This week streaming service Rdio filed for bankruptcy protection, selling its assets in a fire sale to Pandora.

Nov 20 06:50

Meet The Family That Just Spent Half Its Annual Income Paying For Obamacare

Not a week passes without some incremental revelation showing precisely what happens when Congress passes a bill just to see what's in it.

Now we can add one more thing that "was in it": soaring deductibles, which give the fake impression of contained, low all-in costs... until one actually needs expensive medial help (and these days there is no other kind).

Webmaster's Commentary: 

Nov 20 06:49

Obamacare's Latest Casualty: Largest Health Insurer On Colorado Exchange Abruptly Collapses

According to AP, the health insurer announced Friday that the state Division of Insurance has de-certified it as an eligible insurance company. That's because the cooperative relied on federal support, and federal authorities announced last month they wouldn't be able to pay most of what they owed in a program designed to help health insurance co-ops get established.

Webmaster's Commentary: 

Nov 20 06:47

Obama Promised Healthcare Premiums Would Fall $2,500 Per Family; They Have Climbed $4,865

Employer-based health insurance premiums climbed 4.2% this year for family plans, according to an annual Kaiser Family Foundation report. That’s up from 3% the year before.

Since 2008, average family premiums have climbed a total of $4,865.

The White House cheered the news, saying it was a sign of continued slow growth in premium costs.

“We will start,” Obama said back in 2008, “by reducing premiums by as much as $2,500 per family.”

Webmaster's Commentary: 

The White House is cheering because as premium costs go up, so do the tax revenues ... they think.

The problem is that Americans are so broke that to pay for the health insurance premiums, they have to forego something else, so the actual net change to tax revenues is actually nil! Government and corporate policy is still operating in a fantasy world where there is plenty of wealth here in the hands of the people, if they can only figure out another way to take it from us.

Nov 20 06:43

The Stunning "Explanation" An Insurance Company Just Used To Boost Health Premiums By 60%

It may not have been easy for Blue Cross Blue Shield to admit to their clients their premiums are set to rise by 60% due to Supreme Court-mandated tax known as "Obamacare" but it would have been the right thing.

Instead, in justifying the boost to the two-month medical premium from $867 to $1.365, the health insurer decided to use the following excuse: "With advances in medical technology, prescription drugs and ways to treat injuries and illnesses, Americans are living healthier lives. [i.e., living longer] Because of these changes, we must adjust your premium to stay in line with increased costs."

In other words, if you want lower costs, and avoiding 60% healthcare inflation, just do everything in your power to prevent Americans from "living healthier lives."

Nov 20 06:42

In Latest Obamacare Fiasco, Most Low-Income Workers Can't Afford "Affordable Care Act"

The insurer failed because it would fail to be profitable, in the process burning through $23 million in taxpayer-funded loss that would not be repaid. "Taxpayers are on the hook for millions of dollars in loans given out to the CO-OP, money that will likely never be repaid," U.S. Sen. Cory Gardner said in a statement after the announcement.

And while many had anticipated from the beginning that the Obamacare tax was merely a subsidy for the large insurance companies (or rather, their public shareholders), few had expected a far more sinister consequence of the "Affordable" care plan: that the employer mandate would turn out to be unaffordable for a vast majority of low-income workers - the very people who were supposed to benefit from it.

Webmaster's Commentary: 

Nov 20 06:29

Baltic Dry Index Just hit 52 week low...504

Nov 19 22:54

TPP and the New Global Corporate Government

...In chapter 27, TPP provides for a new executive-legislative body whose decisions will usurp national and state-local legislative functions and representative democracy — already under serious attack everywhere by corporate money and other initiatives. And in chapter 28, TPP provides for a new kind of global corporate court system, run by corporate-friendly lawyers and hirelings who will make decisions which cannot be reviewed, appealed or challenged in existing court systems of any TPP member country. TPP ‘courts’ will take precedence over US and other national court systems, already under heavy attack by corporate forces vigorously promoting arbitration as a means by which to bypass the formal judicial system in the US.

Nov 19 18:35

Markets Read What They Want Into FOMC Minutes

Nov 19 17:37

The Baltic Dry Shipping Index Just Collapsed To An All-Time Record Low

I was absolutely stunned to learn that the Baltic Dry Shipping Index had plummeted to a new all-time record low of 504 at one point on Thursday. I have written a number of articles lately about the dramatic slowdown in global trade, but I didn’t realize that things had gotten quite this bad already.

Nov 19 17:23


"Banking was conceived in iniquity and was born in sin. The Bankers own the Earth. Take it away from them, but leave them the power to create deposits, and with the flick of a pen they will create enough deposits to buy it back again. However, take it away from them, and all the fortunes like mine will disappear, and they ought to disappear, for this world would be a happier and better world to live in. But if you wish to remain slaves of the Bankers and pay for the cost of your own slavery, let them continue to create deposits." -- Sir Josiah Stamp, President of the Bank of England in the 1920s, the second richest man in Britain

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Time to put this out there again.

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WRH Exclusive
Nov 19 16:16

Silver Buying Sweet Spot Is Here...

Nov 19 15:44

Police Civil Asset Forfeitures Exceed All Burglaries in 2014

Between 1989 and 2010, U.S. attorneys seized an estimated $12.6 billion in asset forfeiture cases. The growth rate during that time averaged +19.4% annually. In 2010 alone, the value of assets seized grew by +52.8% from 2009 and was six times greater than the total for 1989. Then by 2014, that number had ballooned to roughly $4.5 billion for the year, making this 35% of the entire number of assets collected from 1989 to 2010 in a single year. According to the FBI, the total amount of goods stolen by criminals in 2014 burglary offenses suffered an estimated $3.9 billion in property losses. This means that the police are now taking more assets than the criminals.

Nov 19 15:42

German Economic News Infers France Will Re-Align with Russia, Abandon U.S.

U.S. President Barack Obama’s continuing refusal to work together with Vladimir Putin’s offensive in Syria to slaughter all jihadists there, has driven French President Francois Hollande to consider a fundamental re-alignment of France with Russia and away from the U.S. and NATO (the anti-Russian military club of nations). Recent news reporting in German Economic News — a news medium with an uncanny and extraordinary record of subsequently validated insights — is now suggesting that Hollande is, indeed, moving away from the United States, and toward Russia. If they get this one right, too, then that publication, known in its native language as Deutsche Wirtschafts Nachrichten, or DWN, will have cemented its leading position as a reporter of global affairs.