Nov 15 17:04

Tesla Stats: Profit Margin

Nov 15 16:28

Blame The Calendar

Nov 15 15:52

Global Banks Carve Up the World Ahead of COP21 Paris

By Rusticus

As individuals and Nations alike wait in anticipation for COP21 less than a month from now, described as the United Nations’ “legally binding and universal” update to the ever-deleterious Agenda 21, banksters at the supranational level have shown little hesitation in offering their seemingly sage opinions on how their usurious reserves will be put to use in enacting this “Global Sustainable New Deal.”

From veterans of monetary Technocracy like the IMF and World Bank to the “New Kids on the Trading Bloc” represented by the BRICS and AIIB, monetary institutions around the world are poised to receive their slice of the sustainable pie – at the expense of what little freedom and financial security the individual still retains...

Nov 15 14:13

Banks Still Slapping Bankers With ATM Fee’s

Pesky ATM fees have not gone away and look like they are on the rise as of late.

Nov 15 14:09

Newport Beach, Calif., is the Priciest Housing Market in Nation

When it comes to affordable housing for the average person, Newport Beach, Calif., is not the place to be.

Nov 15 14:05

Oil Prices Expected to Rise

By 2020 oil is expected to increase to $50 to $80 per barrel .

Nov 15 11:23

China Secures Zimbabwean Resources

Nov 15 11:03

13/11 Paris Massacre: Cui Bono?

They picked a mix of heavily symbolic venues. You have a France-German match witnessed by the President in a stadium where all barriers – ethnic, religious – dissolve, a true symbol of multiculturalism. You have a gig by an American band in a concert hall filled with young people. You have your average, cool, neighborhood cafés in the 10eme and 11eme, young, hip, secular, bobo Paris hoods.

This points to a calibrated conceptual spectrum – carefully mapped out by French insiders; perhaps those “Syraq” returnees. This also points to a monumental fail by French intel and the Ministry of Interior.

Timing: crucial. Just as the US/Brits announce they “may” have evaporated with Jihad John. And a few hours before the Vienna talks are supposed to come up with an official Top Ten terrorist list in Syria.

Nov 15 10:55

Living The New American Dream

Nov 15 10:39

Another Brutal Monday

Nov 15 10:34

BRICS New Development Bank to finance its first renewable energy project — Indian PM

The New Development Bank of the BRICS (an association of Brazil, Russia, India, China and South Africa) is to finance its first project in the sphere of renewable energy, India’s Prime Minister Narendra Modi said on Sunday at a meeting of the BRICS leaders on the sidelines of the Group of Twenty summit in Turkey’s Antalya.

Nov 15 10:31

Amazon Still Thriving on the Gift of Free Shipping

Even with the average price of a Prime membership being $99, Amazon is still attracting customers with their two-day free shipping option.

Nov 15 10:29

Students Can Now Avoid Credit Card Temptations Better

Credit card companies can no longer lure college kids into a life of debt with new regulations.

Nov 15 10:27

Motorists May Soon See Decline in Oil Change Prices

Vehicle owners maybe able to keep a few extra dollars in their pockets according to a new oil change study.

Nov 15 10:25

Student Loan Debt Increases by More Than Half in Ten Years

The debt awaiting college graduates has grown by 56% in the last decade according to a recent report.

Nov 15 10:23

Former UPS Employees Preparing for Pension Cuts

More than 8,000 former delivery workers may see pension cuts happen as early as next summer.

Nov 15 10:20

CEO Raises Employee Minimum Salary to $70,000

Earlier this year Dan Price, CEO of Gravity Payments, became widely known for reducing his own salary so he could pay his employees no less then $70,000 per year.

Nov 15 10:11

Hoostsuite Makes Some Financial Changes and Hires a New CFO

In October, Hootsuite, the popular social media management platform, hired Sujeet Kini as its new CFO. The company’s new finance chief moves over from Open Text, Canada’s largest publicly traded software company.

Nov 15 09:37

Time Is Running Out For Pax Americana

The paradox of the current global crisis is that for the last five years, all relatively responsible and independent nations have made tremendous efforts to save the United States from the financial, economic, military, and political disaster that looms ahead. And this is all despite Washington’s equally systematic moves to destabilize the world order, rightly known as the Pax Americana.

Nov 15 09:24

The Class War Has Already Started

Nov 15 08:45

About 38% Of All The COMEX Gold In Hong Kong Left The Warehouses Yesterday

Roughly 21 tonnes, or 685,652 troy ounces of gold in .999 fine kilo bars, was withdrawn, net of a small deposit of 27,328 ounces, from the Brinks warehouse in Hong Kong yesterday. To put that into some perspective, that is the same amount of all gold in the entire JPM warehouse in the US. The point of this is that the price discovery in New York is becoming increasingly distinct from the actual physical supply and demand flows of bullion which are taking place in Asia... And that is a potentially dangerous development, especially with respect to a commodity that is being traded at a leverage in excess of 200:1.

Nov 15 08:44

In Oregon There Are Now More Marijuana Shops Than Starbucks Or McDonalds

Marijuana is quickly becoming a very important part of the economy and of pop culture.

Nov 15 08:41

IMF Greenlights Addition Of Chinese Yuan To SDR Basket: Wall Street Responds

While the world was following the tragic events unfolding on Friday night in France where hundreds of innocent civilians were killed or injured, an important economic development took place at the IMF, whose staff and head Christine Lagarde, officially greenlighted the acceptance of China's currency - the Renminbi, or Yuan - into the IMF's foreign exchange basket, also known as the Special Drawing Rights.

Nov 15 07:34

IMF’s Lagarde Anoints Chinese Yuan. Will it Now Demolish the “Dollar Hegemony?”

IMF boss Christine Lagarde is gung-ho about it. IMF staff is too. The Executive Board will consider it on November 30 and in all likelihood approve it. It will take effect in October 2016. Then it’s a done deal: the Chinese yuan will be added to the IMF’s currency basket, the Special Drawing Rights (SDR). A step toward becoming a major global reserve currency.

Nov 15 06:21

The Flood of Refugees into Europe: “The New Slave Trade”

The flood of refugees entering Europe is endless. Nobody knows exactly how many there are and where they go and went. This year, 2015, up to November, estimates vary from the low of 750,000 to a high of 2 million. Most of them went to Germany, or want to go to Germany. Up to a million, perhaps more may end up in Germany by the end of this year. For 2016 predictions are for up to 2 million. They are the direct results of the Washington-NATO driven wars and conflicts in the Middle East which keep raging on; creating chaos. Complete deliberate and manmade chaos.

Nov 15 03:08

Abiotic Oil Formation

The AOF theory has been championed for a number of reasons, but many current proponents point to the presence of methane on comets, meteors, and other lifeless planets as evidence that organic material is not needed to produce petroleum. Other supporters point to other clues about the origins of oil such as the distribution of metals in oil, the association of hydrocarbons with helium, and the presence of oil deposits in large-scale structures rather than patchy sedimentary deposits. These, proponents claim, are all reasons to believe that oil does not come from plant and animal matter, but rather from some natural chemical process involving inorganic materials.

In the end, science will settle the debate, but what science gets funded is directly related to which politicians are in power and who is footing the bill. At some point we will know the definitive answers to questions about the origin of oil and to questions about the impact of CO2 on the environment.

Nov 14 16:11

Has The Post-Crash Rally Run Its Course?

Nov 14 12:15

Gold And Silver – Sellers Remain In Control

Nov 14 09:43

The Ultimate Global Collapse Indicator

Nov 14 07:56

Bank of England: Automation to Eliminate Roughly Half of U.S. and British Jobs

One central bank has some frightening predictions when it comes to job stability in the future. 80 million jobs in the United States are at risk of being taken over by robots in the next few decades, a Bank of England (BoE) official warned on Thursday. With U.S. data showing that total nonfarm employment hit 142.6 million in October, that’s roughly over half of the total jobs at risk.

Nov 14 07:52

Putin not going to APEC summit in Philippines. PM Medvedev will go instead

Russian President Vladimir Putin will not attend the APEC summit that will take place on November 17-18 in the Philippines, RBC reports. Prime Minister Dmitry Medvedev will go to the summit instead. The reason for the decision has not been specified.

President Putin will go to Turkey for the G20 summit on November 15-16. Originally, it was planned that Putin would visit one of Russian regions on November 17 before going to the Philippines on November 17-18 - See more at:

Nov 13 19:00

Trudeau's boldness test: The TPP

But the real measure of how bold Trudeau will be is how he deals with the economy. After all it is the economic ministries -- finance, the treasury board, international trade most prominent among them -- that are most directly responsible for managing capitalism, something every federal government has to do no matter what their ideology is. The Liberals have always been a Bay Street party (FYI Bay St. in Toronto = Canada's Wall St.) and any move away from that tradition seems unlikely. The biggest test Trudeau will face on this front is right on the top of the issues pile: the Trans Pacific Partnership trade agreement.

First off, let's be clear that these "trade" agreements are only nominally about trade -- they are actually, as economist Jeffrey Sachs says "investment protection agreements." And for every Canadian government starting with Brian Mulroney's the almost exclusive economic policy for this country has been a focus on attracting international investment. Finance Minister (and later Prime Minister) Paul Martin made this explicit -- and set out to attract foreign investors by lowering the cost of doing business with labour flexibility programs, slashed corporate taxes and a 40 per cent reduction in federal social spending. Stephen Harper never saw a trade/investment deal he didn't like or wouldn't sign no matter how bad the terms were for Canada.

Nov 13 17:55

Elegy For 600

Justice For Chinese (JFC) is the brainchild of Andrew Kwong also known as (aka) Joe Canuck, aka The People’s Artist. The main objective of JFC is to seek legal redress and monetary compensation for all Chinese peoples from the Rothschild Jews who destroyed China and the lives of an estimated 600 million Chinese who were addicted to their deadly opium.

Nov 13 16:10

Disease Victims Often Shut Out of Workers' Comp System

Lancaster, Pennsylvania - Finding the first bit of evidence that Gene Cooper's job damaged his brain and destroyed his health was the easy part. That only took his wife four years, eight doctors and at least a dozen tests.

The hard part: Getting his former employer to pay.

Nov 13 15:50

The Age of Machines and Unemployment: “Robots Could Steal 80 Million US Jobs”

Central banks are officially gearing up for the impending reality of human obsolescence.

While the Bank of England forecast the loss of 80 million American jobs, billionaire Jeff Greene recently commented on how American workers will soon be put to pasture:

“When we first had the internal combustion engine — look at all the horses they just put out to pasture... We are going to be destroying jobs at a record clip.”

“Artificial intelligence (AI), right now, can do the task of a 100 IQ person… Ten years from now artificial intelligence will do the tasks of a 120 IQ person.”


Nov 13 14:34

Keiser Report: Dead Industries, Zombie Banks & Broken Markets

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the memory of our living economy and consumers in the life of the dead banks, markets and economies.

Nov 13 13:36

It's Official: Barack Obama Wants To "Help" You Manage Your Retirement Savings

Last week the Obama administration officially rolled out its MyRA program.

MyRA is a special form of IRA that ‘helps’ Americans save for retirement by making it easy for you to loan your money to the federal government.

Like a retirement account, the idea is to save a little bit every month or every year to be set-aside in a tax-advantageous way for retirement.

The big catch here is that for MyRA accounts, there’s only one investment: US government bonds.

At present, US government bonds fail to pay interest rates that meet the government’s officially published rate of inflation.

So with these MyRA accounts, when adjusted for inflation, you’re guaranteed to lose money.

The Obama administration, of course, entirely dismisses this criticism, saying that these MyRA accounts are for “people who aren’t saving and who have a fear of losing their principal.”

It’s pretty appalling when you think about it.

Webmaster's Commentary: 

Absoflippinglutely unbelievable!!

Nov 13 13:17

When Mitt Romney Came To Town — Full, complete version

Webmaster's Commentary: 

The GOP, worried that Trump is winning, Carson is self-destructing, and Jeb Bush cannot get out of first gear, are talking about drafting Mitt Romney as their candidate, on the principle that choosing a new President is simply too important to be left up to the American people!

Well, let's kill that idea right at the start!

Nov 13 12:58

Popular Delusions …Even If “Popular” Are Still Delusional

Geopolitically you see the United States losing power at every turn to the hands of China/Russia and the rest of the world. Power is being supplanted in trade, finance, manufacturing and production, socially and even militarily. This loss of power is unmistakable …but, none of this matters because the stock market is up, credit markets are still stable (on the outside), the dollar is firm versus other fiat currencies and gold has been pressed down and down. THIS is now the “new normal” and nearly everyone is extrapolating it forward “forever”.

Sorry to break the news to you but ALL of this is unsustainable. You need not even take Bill Holter’s word for this, just listen to the number crunchers and bean counters regarding Social Security, Medicaid, pensions, healthcare, military spending, the real economy and on and on. In many cases, the “bean counters” are previous federal employees like David Stockman and David Walker, who better would know?

Nov 13 12:12

Demystifying the Selloff in U.S. Stocks

Nov 13 11:08

Greece, Europe hid Athens’ debt to keep it in Eurozone: corruption expert

The world is losing the battle against corruption despite a great amount of resources being directed at the problem.

Nov 13 11:02

The Netherlands. Refugees complaining.

Webmaster's Commentary: 

"They promised us a better life."

Who?!? Who promised these refugees a better life?

Nov 13 10:58

Americans are buying tons of gold

This summer's market mayhem caused Americans to buy gold bars and coins at levels unseen since the financial crisis.

When people are scared about the economy and financial markets, they rush to gold. Boy, were they worried in recent months.

Nov 13 10:57

Obamacare is imploding and Republicans are unprepared

Many problems predicted by Obamacare opponents are becoming reality, but Republicans are not ready to deal with the consequences should one of their candidates win the White House.

To be clear, any fantasies about Obamacare "collapsing under its own weight" and thus relieving Republicans of the responsibility of governing are just that — pipe dreams. Whatever the problems facing Obamacare, the law won't simply go away on its own. By the time the next president takes office, it will still be covering millions of Americans and imposing a raft of regulations on individuals and businesses.

Webmaster's Commentary: 

Many a bad law are perpetuated because someone's name is on them! Obamacare. The Brady Bill, etc.

Nov 13 10:51

Our Economy Is Not Working: Joseph Stiglitz on Widening Income Inequality & the Fight for $15

The fight over income inequality gained national attention when fast-food workers walked off the job in hundreds of cities across the country on Tuesday.

Nov 13 10:48


After much delay, an important space bill has finally passed in the Senate. The Space Act of 2015 would do a lot of things to encourage the private space industry–including extending the “learning period” wherein fledgling spaceflight companies can operate without too much government oversight. It would also give companies the rights to the resources they might one day extract from asteroids, such as platinum and water (which, believe it or not, is a valuable resource in space).

Webmaster addition: Nobody made mining in space illegal. This is just the government positioning itself to grab a piece of the action when it finally becomes a reality.

Nov 13 10:39


Centrally issued money optimizes inequality, monopoly, cronyism, stagnation, low social mobility and systemic instability. If we don’t change the way money is created and distributed, wealth inequality will widen to the point of social disorder. Everyone who wants to reduce wealth inequality with more regulations and taxes is missing the key dynamic: the monopoly on creating and issuing money necessarily widens wealth inequality, as those with access to newly issued money can always outbid the rest of us to buy the engines of wealth creation.

Nov 13 10:38


Let’s say an individual has saved $100,000 in cash. He keeps the money in the bank, which pays him less than 1% interest. Rather than earn this low rate, he decides to loan the cash to an individual who wants to buy a rental home at 4% interest.

There’s a tradeoff to earn this higher rate of interest: the saver has to accept the risk that the borrower might default on the loan, and that the home will not be worth the $100,000 the borrower owes.

The bank, on the other hand, can perform magic with the $100,000 they obtain from the central bank. The bank can issue 19 times this amount in new loans—in effect, creating $1,900,000 in new money out of thin air.

Webmaster's Commentary: 

The question must be asked; why does the government borrow money at interest from a private central bank (the Federal Reserve) when constitutionally, it is allowed to create money as a public utility?!?

The Federal Reserve is no more "Federal" that is the Federal Express, and that is a reality to which most Americans need to open their eyes, and right the heck now.

Nov 13 09:48

WTI Crude Tumbles To $40 Handle, Fastest Plunge Since December 2014

Having fallen for 7 of the last 8 days, WTI Crude just traded with a $40 handle for the first time since August 27th. Oil is now down over 14% in the last 8 days, the fastest collapse since December 2014...

Nov 13 09:47

Retail Stocks Are Crashing At The Fastest Pace In Over 4 Years

The S&P Retail Sector ETF is down almost 9% in the last 8 days. That is the fastest collapse in this bellwether industry since August 2011... and it may be about to get a lot worse...

Nov 13 09:41

Warren Buffett Has Lost It…Again

Nov 13 09:36

Finland emerges as the 'new sick man of Europe' as euro's worst performing economy

Finland has emerged as the eurozone's worst performing economy, contracting by a stark 0.6pc in the third quarter.

The northern creditor nation has been mired in stagnation for the last three years, leading its finance minister to dub it "the new sick man of Europe".

Finland's economic problems stem from a collapse in demand from neighbouring trade giant Russia, highly uncompetitive labour costs, and the decline of its most successful company - Nokia. The country is also grappling with chronic ageing and has one of the highest rates of government spending in Europe.

Nov 13 09:33

FLASHBACK - Big Banks Funded the Nazis and Launched a Coup Against the President of the United States

By the late 1930s, Brown Brothers Harriman, which claimed to be the world’s largest private investment bank, and UBC had bought and shipped millions of dollars of gold, fuel, steel, coal and US treasury bonds to Germany, both feeding and financing Hitler’s build-up to war.

Between 1931 and 1933 UBC bought more than $8m worth of gold, of which $3m was shipped abroad. According to documents seen by the Guardian, after UBC was set up it transferred $2m to BBH accounts and between 1924 and 1940 the assets of UBC hovered around $3m, dropping to $1m only on a few occasions.

UBC was caught red-handed operating a American shell company for the Thyssen family eight months after America had entered the war and that this was the bank that had partly financed Hitler’s rise to power.

Nov 13 09:15

Meet The Privileged Yale Student Who Shrieked At Her Professor

The infamous “Shrieking Girl” at Yale University who now famously berated a professor for not making Yale a “safe space” is from a relatively privileged background and has been frantically moving to delete her online presence, an investigation by The Daily Caller News Foundation reveals. Also, despite shrieking “Who the fuck hired you?” in the notorious video, it turns out the student herself played a role in his hiring.

Nov 13 09:01

GM to Import Chinese-Made Buick SUV

General Motors Co., fresh off agreeing to a new union contract that is expected to drive up its U.S. labor costs, plans to become the first major auto maker to sell Chinese-made cars in the U.S.

Nov 13 09:00

When Thomas Friedman Ridicules Campaign Economics, the Joke’s on Him

Thomas Friedman, who once said Germany would demand that Greeks work like Germans as a condition of bailout funds (Greeks have long worked many more hours on average), allowed his column (New York Times, 11/11/15) to stray into economics again. Not surprisingly, he gets some of the big things wrong.

Nov 12 18:31

ISPs say the “massive cost” of Snooper’s Charter will push up UK broadband bills

UK ISPs have warned MPs that the costs of implementing the Investigatory Powers Bill (aka the Snooper's Charter) will be much greater than the £175 million the UK government has allotted for the task, and that broadband bills will need to rise as a result.

Bend over and spread 'em!

Nov 12 18:24

New World Next Week with James Evan Pilato

looting countries to profit banksters, paid 'patriotism', 'offshoring' a town tax-wise

Nov 12 18:06

4 Harbingers Of Stock Market Doom That Foreshadowed The 2008 Crash Are Flashing Red Again

So many of the exact same patterns that we witnessed just before the stock market crash of 2008 are playing out once again right before our eyes. Most of the time, a stock market crash doesn’t just come out of nowhere. Normally there are specific leading indicators that we can look for that will tell us if major trouble is on the horizon.

Nov 12 17:04

The Bitter, Crushing Poverty Of Appalachia Is A Preview Of What Is Coming To The Rest Of The Country

What do you say to people that have completely lost all hope that things will ever get any better? The mountains of Appalachia stretch all the way from southern New York to northern Mississippi, and nestled within those mountains are dozens upon dozens of little towns that are so impoverished that they look like they have been through a war.

Nov 12 16:51

The Most Devious Liars in the Room : Government bean counters

There were a few different stories coming out over the last few days that reveal the true nature of government and the apparatchiks who use disinformation, devious machinations, fraudulent accounting, and taxpayer money to cover up their criminality, lies, and the true state of the American economy. The use of government accounting tricks to obscure the truth about our dire financial straits is designed to keep the masses sedated and confused.

Nov 12 16:46

Regardless Of Sanctions, Russia Recession Ends In 2016

Russia’s economy is still contracting, but the recession will end in 2016 if oil stays steady-to-higher from where it is now, Barclays Capital said on Thursday.

Webmaster's Commentary: 


Nov 12 16:44

The President and the Rule of Law

pushing back on 'stroke of the pen, law of the land - pretty cool, huh?'

Nov 12 16:36

ObamaTrade Is ObamaCare, But With More Coercion

Remember this phrase? “If you like your present health care plan, you can keep it.” -- The President is not even pretending to allow any freedom of choice with ObamaTrade, aka the Trans-Pacific Partnership. ObamaTrade is to trade what ObamaCare is to medical care: a bureaucratic monstrosity.

Nov 12 16:28

Kraft Heinz and Alcoa among companies cutting hundreds of jobs in upstate New York

Last week Kraft Heinz announced plans to close seven plants nationwide and the layoff of an additional 2,600 workers over the next 12 to 24 months, bringing the total announced layoffs nationwide to more than 5,000. Included in the plants slated for closure is the one in Campbell, New York, a plant with 393 workers.

Nov 12 16:24

This Is How Fossil Fuels Die

Nov 12 16:12

Big Banks Funded the Nazis and Launched a Coup Against the President of the United States

The relationship between Chase and the Nazis apparently was so cozy that Carlos Niedermann, the Chase branch chief in Paris, wrote his supervisor in Manhattan that the bank enjoyed “very special esteem” with top German officials and “a rapid expansion of deposits,” according to Newsweek.

Niedermann’s letter was written in May 1942 five months after the Japanese bombed Pearl Harbor and the U.S. also went to war with Germany.

Nov 12 15:09

British academics warn about Brexit

Britain’s leading academics and scientists say a British exit from the EU would be catastrophic for universities and scientific research.