Sep 25 15:11

Wake Up! The US Economy Is A Fraud

Sep 25 15:09

Dennis Gartman: Why I’m buying gold

Sep 25 14:53

U.S. drug company sues Canada for trying to lower cost of $700K-a-year drug

A U.S. drug company is taking the Canadian government to court for its attempt to lower the price of what has been called the world's most expensive drug. Alexion Pharmaceuticals has filed a motion in Federal Court, arguing that Canada's drug price watchdog has no authority to force the company to lower its price for Soliris.

Sep 25 14:33

Bund Spread Gives Permission for Bear Market

Sep 25 13:57

Keiser Report: Low productivity or just Twitter zombies?

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss interest rates.

Sep 25 13:32

The Biggest Silver & Gold Scam In History

Sep 25 10:59

Markets Queasy After Sick Janet Yellen Ends Live Speech: “Initial Reaction Was A Dive in Stocks”

During a speech where many were watching for news about a possible rate hike, Federal Reserve chairwoman Janet Yellen had a bizarre moment on stage where she stumbled over several words, then froze up as if she was having a stroke before appearing to nearly vomit and ending the speech abruptly.


Sep 25 10:28

Forget the New World Order, Here’s Who Really Runs the World

The phrase New World Order is largely derided as a sophomoric conspiracy theory entertained by minds that lack the sophistication necessary to understand the nuances of geopolitics. But it turns out the core idea — one of deep and overarching collusion between Wall Street and government with a globalist agenda — is operational in what a number of insiders call the “Deep State.”

Sep 25 08:42

Anticipating a Rise in the Dollar Index

Sep 25 08:42

Austerity is being used as a cover-story for class war against the poor, Yanis Varoufakis says

Austerity and deficit reduction are being used as a cover-story for conducting class war against the poor, an economics professor who served as Greece’s finance minister has said.

Yanis Varoufakis noted simultaneous reductions in taxes on the wealthy and cuts to spending on social security amounted to a redistribution of wealth away from the poor to the rich.

“The problem is that austerity is being used as a narrative to conduct class war,” Mr Varoufakis told the BBC’s Question Time programme.

“To be talking about reducing the state further when effectively what you are doing is reducing taxes like inheritance tax and at the same time you are cutting benefits – that is class war.”

Sep 25 08:31

Just in case you like dead-cat-bounces

Sep 25 08:26

Disaster capitalism is a permanent state of life for too many Americans

Hundreds of full-time New York City workers are homeless and in San Francisco bus drivers sleep in their cars to save money: this is a never-ending crisis

Sep 25 08:25

Ca. 1Mn Federal Workers to Stop Working in Possible Gov't Shutdown - Union

The American Federation of Government Employees National President J. David Cox said that about one million federal workers will be deprived of employment if the US government shuts down at the end of September.

Webmaster's Commentary: 

All these dire warnings are an attempt to scare government workers into calling Congress and demanding the budget get passed, no matter what riders are attached to the bill!

Sep 25 08:16

US military personnel investigated for splashing $96,576 on strippers

An investigation is underway as to whether US military personnel tried to get the government to foot the bill for a total of $96,576 (£63,268) spent on strippers in Las Vegas.

The Pentagon's Inspector General is also looking into claims the personnel tried to expense $952,258 (£623,838) spent in casinos.

Sep 25 07:47

James Corbett: Japan is Playing With Fire

Sep 25 07:32

Google Said to Be Under U.S. Antitrust Scrutiny Over Android

Google Inc. is back under U.S. antitrust scrutiny as officials ask whether the tech giant stifled competitors’ access to its Android mobile-operating system, said two people familiar with the matter.

The Federal Trade Commission reached an agreement with the Justice Department to spearhead an investigation of Google’s Android business, the people said. FTC officials have met with technology company representatives who say Google gives priority to its own services on the Android platform, while restricting others, added the people, who asked for anonymity because the matter is confidential.

Sep 25 06:54

Taxpayers Fleeing Democrat-Run States for Republican Ones

In 2013, more than 200,000 people on net fled states with Democrat governors for ones run by Republicans, according to an analysis of newly released IRS data by Americans for Tax Reform.

Webmaster's Commentary: 

"No problem. We'll just load up those democratic states with illegal immigrants and refugees and still have a voting majority!" -- Official White Horse Souse

Sep 25 05:50

Ireland 2015 - Frail pensioner left begging on street for heating bills money

A shocking photograph of a frail old lady begging for money to pay her heating bills has sparked outrage.

Fundraisers have been started online to help the woman, thought to be in her late 80s, who was snapped in Dublin.

Sep 24 20:20

BMW and Mercedes hit as fraud scandal spreads

BMW was sucked into the widening Volkswagen fraud scandal yesterday after a report stated that emissions from one of the carmaker’s models were far higher than the European Union limit.

Shares in BMW fell by nearly 10 per cent at one point after it was claimed that emissions from the X3 were 11 times the legal threshold under the same tests that first raised concerns about VW.

The disclosure came on a day of crisis in the car industry as the German government admitted that software used by VW to cheat in American laboratory tests was also used in Europe.

Sep 24 17:49

The Stock Markets Of The 10 Largest Global Economies Are All Crashing, But Most Americans Still Don’t Seem Very Alarmed

You would think that the simultaneous crashing of all of the largest stock markets around the world would be very big news. But so far the mainstream media in the United States is treating it like it isn’t really a big deal. Over the last sixty days, we have witnessed the most significant global stock market decline since the fall of 2008, and yet most people still seem to think that this is just a temporary “bump in the road” and that the bull market will soon resume. Hopefully they are right.

Sep 24 16:36

Will Feminists and Gender Activists Demand Perfect Gender Equality When It Comes to Workplace Fatalities?

Top Ten Most Dangerous US Occupations and Percent Male, 2014 (Fatal Injury Rate)

Sep 24 16:22

Soaring Rents; No Stop to the Climb

The Bureau of Labor Statistics shows that rents are climbing far more rapidly than overall price inflation. We are now plus 3.5% in annual rent increases nationwide, according to the BLS. But the latest Zumper National Rent Report (August 2015) shows that many major cities are experiencing very strong double-digit price increases:

Sep 24 15:12

Wall St drops as Caterpillar falls

Wall Street dropped ahead of a speech by US Federal Reserve Chair Janet Yellen, while shares of Caterpillar sank after the company downgraded its full-year earnings forecast and announced plans to cut jobs.

Yellen is set to speak after the market close, a week after the central bank kept its target interest rate steady amid concern about the global economy.

Currently traders are pricing in about a 40 percent chance of an increase in December, down from 49 percent as recently as Monday, and a 48 percent probability in January, according to Bloomberg.

In New York trading at about 3.10pm, the Dow Jones industrial average dropped 0.6 percent, the Standard & Poor's 500 Index slipped 0.1 percent, while the Nasdaq Composite Index fell 0.2 percent.

"You need to see better China data and more certainty about the Fed," Scott Wren, senior global equity strategist at Wells Fargo Investment Institute in St. Louis, Missouri, told Reuters.

Sep 24 14:56

Citigroup To Close All Massachusetts Branches

Sep 24 14:51

20,000 Layoffs Coming To Halliburton

Sep 24 14:44

Caterpillar To Fire Up to 10,000

Sep 24 14:10

Living In The Shadow Of an Intrusive, Expensive, and Ineffective Surveillance Blimp

By Kristen Anderson

The US government is increasingly using war technology and equipment not on the battlefield, but on domestic soil to thwart various threats. From the militarization of our police forces across the nation to an increase in the purchase of tanks, drones, and blimps...

Sep 24 14:07

"Hey Mister! Wink Wink. Can You Buy Me Some Beer?" CA Dept of Alcoholic Beverage Control Conducts 'Shoulder Tap', Minor Decoy Sting Operations Throughout State

The California Department of Alcoholic Beverage Control conducts these minor decoy sting operations statewide, and even brags about the details on their website. The stings are funded by state and federal grant money. So if a cute teenaged girl ever saunters up to you in a parking lot in an innocent or provocative manner, beware. She's rigged with a bug and she's got a SWAT team hidden behind her, ready to pounce.

Sep 24 12:39

The Federal Reserve’s Merry-Go-Round

Sep 24 12:24

Recession Countdown: Durable Goods Orders Drop Most Since March, Shipments Tumble

Feel free to admit the US is in a recession any time now... Durable Goods New Orders dropped 2.0% MoM in August, the biggest drop since March (but modestly beat expectations of a 2.3% drop). This extends the ex-transports YoY losing streak to 7 months of declines flashing recessionary warnings left and right. Perhaps most notable is the 0.2% drop in Capital goods Shipments (dramatically missing expectations of a 0.5% rise) and the weakest print since May.

Sep 24 12:07

Stock Buyback Binge Continues

Sep 24 12:05

Sweeps roll on

The local ACLU’s attempt to stop the city from cleaning up debris at a large homeless encampment in Kakaako is rejected by a judge

Sep 24 12:04

Bailed-out Obama ally takes 500 jobs overseas

General Electric was bailed out by taxpayers and has been stuffing its coffers out of Americans’ pockets ever since, but the corporate giant is shipping 500 jobs overseas after not getting its way on a major policy debate.

Sep 24 12:03

Prepare For Nationwide Riots! USDA Sends States Notice To Hold Off 'Until Further Notice' Process That Distributes Food Aid To 46 Million People In The US

The title comes from a key quote from an Associated Press story via US News and World Report article announcing that a government shutdown would "suspend or delay food stamp payments to some of the 46 million Americans who receive the food aid."

Sep 24 11:22

Materials Stocks Testing Critical Level

Sep 24 10:46

"The Government Is Literally Paying Itself" - Citi Calls For Money Paradrops

The report was critical for two main reasons:

First, it admitted that the conventional Fed QE approach of using banks (and excess reserves) as intermediaries, is now widely accepted as a failure (as we noted earlier) and that a more "acute" form of money printing would be required, one which nobody would mistake for what took place in Weimar Germany.

Second, and even more important to us, was that now that the seal has been broken on "very serious people" discussing monetary paradrops, it was just a matter of time before the entire sellside brigade jumped on board this brand new bandwagon.

Sep 24 10:22



Sep 24 09:59

Analyzing Earnings As Of Q2 2015

Sep 24 08:24

BMW disputes report its diesel X3 also failed emissions test

The ongoing scandal at Volkswagen widened today to include another automaker, as BMW denied a report in a German magazine that its X3 sport utility vehicle also failed an emissions test, reportedly spewing out 11 times the legal level of pollutants while in operation.

Sep 24 08:21

Volkswagen Scandal 2015: VW Not The First Automaker To Adopt 'Defeat Devices' And Override Emissions Controls

The scandal unfolding at Volkswagen Group around its pollution control systems may be the largest case of its kind in the U.S., but it’s far from the first. Environmental regulators in recent decades have launched more than a dozen cases against automakers, accusing them of tweaking or outfitting diesel engines to outsmart pollution tests meant to improve air quality. The result is thousands of recalled or upgraded vehicles -- and millions of tons of toxic air particles spewing into the air.

Sep 24 07:41

Israel Imposes Lockdown on Palestine

snip: Settlements are for exclusive Jewish use - no goyim allowed, especially Muslims. Zionism is apartheid on steroids - far exceeding South Africa’s harshness. It's a sophisticated form social, economic, political and racial discrimination - combining suffocating strangulation with slow-motion genocide, incorporating colonialism’s worst policies. They include murder, extermination, enslavement, torture, arbitrary arrests, illegal imprisonments, denial of the right to life and liberty, cruel, inhuman and degrading treatment, and other abusive acts imposed by Jews on Arabs.

Sep 24 06:45

Does Friday Hold The Key To The Stock Market?

Sep 24 06:45

So what's happening with BMW

Sep 24 06:37

Well That Was Disappointing

Sep 23 16:15

shouldn’t we see more people on the road commuting to their jobs?

Employment & U.S. consumption increases... but gas prices decline?

Sep 23 16:04

Fed To Main Street: Screw You

Sep 23 15:57

Another Government Shutdown Looming: Food Stamps could be Cutoff for 46 Million

There is a growing possibility that the government could yet again shut down, as congress again struggles to pass a simple budget. Come October 1st 2015, we could see a repeat of the 2013 government shutdown, the shutdown where President Obama punished the American people and closed the entire National Parks system and then threatened to arrest anyone who entered the parks.

Sep 23 15:31

European Equities Are On The Ropes

Sep 23 15:21

Have central banks made the rich richer?

Sep 23 15:15

Report: 1 In 4 US Homes Worth Less Than A Year Ago

Homes across the U.S. are losing value, with one in four worth less than they did a year ago, according to a new report.

Sep 23 14:57

The number of people watching TV is falling off a cliff

But aside from the performance of individual shows, the number of people using TV in the coveted 18-to-49 demographic was down 8% against the same time last year, and for the first two nights this week usage is off 10%.

Ad Age also noted that among millennial consumers (18-to-24-year-olds), viewing is down 20% against last year, with 24% fewer men in this age group watching TV. The number of 18-to-34-year-old men watching TV is down 18% compared to the same period last year.

Over the summer, there was a broad concern regarding cable companies and a loss of subscribers to services like Netflix and Hulu.

And a report from Wall Street analysts over the summer said TV networks were stuffing their airwaves with commercials in an attempt to prop up revenue.

Sep 23 14:56

Who Wants a Third World War?

Wishful thinking about China crashing is nonsense. Those days of the Cultural Revolution are long gone. China is slowly but surely shifting towards a spectacular new paradigm of integrating the whole of Eurasia into a booming industrial renaissance. Every change in China points towards this transition.

The transition also means a shift away from the massive export linkage to the US and EU and a more balanced economy across Eurasia, while keeping trade/commerce as much as possible with the West.

Does this feel like a state/civilization that craves a Third World War?

Sep 23 14:45

The Worst Part Is Central Bankers Know Exactly What They Are Doing

Heading into the end of 2015, we are only going to be faced with ever mounting mixed messages and confusion from the mainstream media, international banks and central banks. It is important to always remember, though, that this is by design. A common motto of the elite is “order out of chaos,” or “never let a good crisis go to waste.”

Sep 23 14:29

Retail Sales Worst Since 2009 For This Time Of Year

The last time September Retail Sales growth was this weak was 2009, limping aimlessly out of the ‘Great Recession’. With a mere 0.9% year-over-year growth, Johnson-Redbook data seems to confirm what Reuters reports is looming – the weakest U.S. holiday sales season for retailers since the recession.

Sep 23 14:15

Technically Speaking: Fed Kills The Rally

Sep 23 14:00

BRICS and the Fiction of "De-Dollarization"

The financial media as well as segments of the alternative media are pointing to a possible weakening of the US dollar as a global trading currency resulting from the BRICS (Brazil, Russia, India, China, South Africa) initiative.

One of the central arguments in this debate on competing World currencies hinges on the BRICS initiative to create a development bank which, according to analysts, challenges the hegemony of Wall Street and the Washington based Bretton Woods institutions.

Sep 23 13:07

Stock markets on cusp of ‘another crash’ warn financial analysts

Financial analysts have warned of another ‘crash’ in global markets after the FTSE 100 fell 120 points in just two hours of trading on Tuesday, its biggest slump since Chinese stock markets plummeted on ‘Black Monday’ last month.

Sep 23 12:39

China Sells U.S. Debt for Needed Cash

China is the largest holder of U.S. debt and some are concerned that China recently stated selling this debt.

Sep 23 12:39

Fast Food Workers to Get $15/Hour

The state of New York will gradually raise the minimum wage over the next few years until fast food workers are receiving $15/hour.

Sep 23 12:38

Hybrid Vehicle Sales Plummet

With the lower gas prices, hybrids have become less attractive to buyers.

Sep 23 12:38

Less Renters Are Opting to Become Homeowners

Although rental rates continue to rise rapidly, fewer renters are opting to become homeowners.

Sep 23 12:37

Disney Buys Own Stock During Market Plunge

When the market dropped out last month, Disney took advantage of dirt cheap prices, buying over $2.4 billion of it’s own stock.

Sep 23 12:36

Trump Takes Control of Miss Universe Pageant

After some disparaging remarks toward Mexican immigrants earlier this year that caused an uproar in the Miss Universe Pageant, Donald Trump has bought out NBCUniveral’s portion of the pageant ownership.

Sep 23 12:36

No School in Seattle Thanks to Teachers’ Strike

The Seattle school teachers’ strike has reached day 4 and students still haven’t returned from summer break.