Obama’s Trans-Pacific Partnership (TPP) State of the Union mystery

By Ed Schultz Economy in Crisis If implemented, the Trans-Pacific Partnership (TPP) could undermine many of President Barack Obama’s landmark achievements and thus his legacy on jobs and economic recovery, health care access, financial reform – and close to Michigan’s heart – the U.S. auto industry rescue and more. The great mystery is why Obama […]

World Faces Wave of Epic Debt Defaults, Fears Central Bank Veteran

By Ambrose Evans-Pritchard The Telegraph The global financial system has become dangerously unstable and faces an avalanche of bankruptcies that will test social and political stability, a leading monetary theorist has warned. “The situation is worse than it was in 2007. Our macroeconomic ammunition to fight downturns is essentially all used up,” said William White, […]

China and America: The Most Toxic Relationship

By Daniel Mills July 17, 2015 Economy In Crisis The country of China has found a loophole in the World Trade Organization (WTO) laws and has once again found a way to one-up America. The communist country has created a law that allows them to ban any foreign imports and pushing out U.S. technology companies from China. […]

The Real War on the Middle Class

By Ron Paul April 26, 2015 Ron Paul Institute One of the great ironies of American politics is that most politicians who talk about helping the middle class support policies that, by expanding the welfare-warfare state, are harmful to middle-class Americans. Eliminating the welfare-warfare state would benefit middle-class Americans by freeing them from exorbitant federal […]

Carbon Currency: A New Beginning for Technocracy?

By Patrick Wood, Editor As posted at August Review Introduction Critics who think that the U.S. dollar will be replaced by some new global currency are perhaps thinking too small. On the world horizon looms a new global currency that could replace all paper currencies and the economic system upon which they are based. The […]

America’s Impending Master Class Dictatorship

By Stewart Dougherty Jan 22 2010 2:24PM www.kitco.com FOREWORD: At certain times, focusing on the big picture is important not just for investment success, but for personal welfare, and even survival. We believe such times are here. It is estimated that 98% of Americans have never held a gold coin in their hands. Yet 100% […]

The Bankruptcy of the United States is Now Certain

As posted at The Silver Bear Cafe By Porter Stansberry It’s one of those numbers that’s so unbelievable you have to actually think about it for a while… Within the next 12 months, the U.S. Treasury will have to refinance $2 trillion in short-term debt. And that’s not counting any additional deficit spending, which is […]

The Dark Years are Here

by Egon von Greyerz Matterhorn Asset Management In this newsletter we will outline what is likely to be the devastating effect of the credit bubbles, government money printing and of the disastrous actions that governments are taking. Starting in the next 6 months and culminating in 2011-12 the world will experience a series of tumultuous […]

Planning the Steps to a World Government

By Joan Veon Womansgroup.org (note the original URL has been taken down, the link contains an archive) In the book of Jeremiah, the prophet tells of the pending invasion of Judah by the Babylonian king, Nebuchadnezzar. He records, “the snorting of horses was heard in Dan.” Can you imagine an invasion of that kind? You have […]

The Mother of All Bells

By Peter Schiff As posted at Lew Rockwell There is an old adage on Wall Street that no one rings a bell at major market tops or bottoms. That may be true in normal times, but as many have noticed, we are now completely through the looking glass. In this parallel reality, Ben Bernanke has […]

Wag the Dog: How to Conceal Massive Economic Collapse

…When central banks intervene in the currency markets, they exchange their currency for dollars. Central banks then use the dollars they acquire to buy US government debt instruments so that they can earn interest on their money. The debt instruments central banks acquire are held in custody for them at the Federal Reserve, which reports […]

Global Systemic Crisis: Fall 2008 Phase of Collapse of US Real Economy

“…On the occasion of the second anniversary of the publication of our famous “Global systemic crisis Alert” which toured the world in February 2006 [4], LEAP/E2020 wishes to remind that we are now resolutely stepping into an era with no historical precedent. Our researchers insisted on that many times in the last two years: any […]

Pay It off Later: Debt Is the New American Dream

“…How did it come to this? How did America, collectively and as individuals, become a nation addicted to debt, pushed to and over the edge of bankruptcy? The savings rate hangs below zero. Personal bankruptcies are reaching record heights. America’s total debt averages more than $160,000 for every man, woman, and child. On a broader […]

Warehousing Humans

 “…At one time, our elderly lived with us, we cared for them and our children and communities reaped the benefits of their wisdom. Those who were institutionalized as children have been taught by example that this is the normal way to handle humans who are hard to deal with. Just look at our drug laws. […]

Sinking Currency, Sinking Country

“…The dollar has plummeted in value, more so in Bush’s term than during any comparable period of U.S. history. Indeed, Bush is presiding over a worldwide abandonment of the American dollar…”

The Credit Crunch That Never Was is Over! The Real Agenda Behind the Fear

“…the dollar has been dropping ever since the twin 1973 currency crises which sent then Assistant Treasury Secretary for International Monetary Affairs Paul Volcker around the world to hammer out a new regime for floating currencies (what a great way to transfer wealth and control countries: currencies). Every time the dollar drops, it is new […]

Relentless Slide of the American Economy

“…The jobs data and the absence of growth in real income for most of the population are inconsistent with reports of U.S. GDP and productivity growth. Economists take for granted that the workforce is paid in keeping with its productivity. A rise in productivity thus translates into a rise in real incomes of workers. Yet, […]

Mike Whitney: Another Great Depression?

“…The Bank for International Settlements issued a warning this week that the Federal Reserve’s monetary policies have created an enormous equity bubble which could lead to another ‘Great Depression’…”