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Category Archives: Financial
BitCoin Plunges Following US Government Seizure Of Silk Road Website
arlier today, one of the most popular websites that use and promote the use of BitCoin, Silk Road, was shut down by the US government. As Reuters reports, U.S. law enforcement authorities raided an Internet site that served as a … Continue reading
Latest House CR Funds and Permits Obamacare’s Attack on Free Exercise of Catholicism
The last version of the continuing resolution that House Speaker John Boehner (R.-Ohio) pushed through the Republican-controlled House of Representatives on Monday—and that the Democrat-controlled Senate summarily rejected—surrendered a position that House Republicans had taken in the previous CR that … Continue reading
KARL DENNINGER GOES JOHN GALT!
Economist Karl Denninger has gone John Galt. The Market Ticker founder has released a statement that he is shutting down active market reports and updates at The Market Ticker, as he no longer wishes to actively fund the abuses of our … Continue reading
Posted in Editorial, Financial
Tagged John Galt, Karl Denninger
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CEO Of Italy’s Largest Bank Surprisingly Resigns
The situation in Italy appears to be going from bad to worse. With a confidence vote pending for Tuesday as the government dissolves into chaos for the umpteenth time, and following the resignation of the CEO of one of Italy’s … Continue reading
Posted in Editorial, Financial
Tagged Intesa SanPaolo
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pResident Obama made the mission clear
Friend — President Obama made the mission clear: We have a message to send to the members of Congress who are trying to shut down the government over Obamacare. Yesterday, the Senate rejected their plan — now there are three … Continue reading
Posted in Domestic Enemies, Editorial, Financial
3 Comments
How Marc Faber Prepares For “When The Sh_t Hits The Fan”
During a recent round-table discussion (accessible below), Marc Faber explained his asset allocation strategy and his incredulity at what the Fed is doing. “I have around 25% in gold… and it’s my insurance policy. It is important that one day when … Continue reading
Posted in Editorial, Financial
Tagged Marc Faber
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Debt Ceiling Raised Seven Times Under Obama, Costing $43,000 Per Household
More… h/t Roger K
Posted in Domestic Enemies, Editorial, Financial
Tagged Domestic Enemy, Obama
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Labor Unions’ Idea of “Fair Share”
Detroit’s labor unions want their fair share from the bankrupt city of Detroit: an extra month’s pension check every year. This policy of redistributing people’s wealth started in 1985 and was stopped in 2008 after costing taxpayers an additional $1.92 … Continue reading
World Bank Whistleblower Karen Hudes: The World Will Reject Central Bankers, Part II
httpv://www.youtube.com/watch?v=lc3I0-DSArk#t=1s More…
Posted in Editorial, Financial
Tagged Karen Hudes, Whistleblower, World Bank
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Rules for Radicals – 1792
The following rules were published in 1792 by Philip Freneau on behalf of Thomas Jefferson. They represent the means to replace our Republic with a monarchy. Or in our case today, a dictatorship without Liberty. I encourage you to read … Continue reading
The Hidden Secrets Of Money Part 3: Dollar Crisis To Golden Opportunity
httpv://www.youtube.com/watch?v=y-IemeM-Ado
Wal-Mart Nails The “Consumer Recovery” Coffin Shut
Welcome to the new normal recovery… if ever there was a headline that summed up the idiocy of the mal-invested distorted new normal, Wal-Mart just managed it: *WAL-MART CUTTING ORDERS AS UNSOLD MERCHANDISE PILES UP IN U.S. More…
James Rickards: “When The International Monetary System Collapses—It’s Going To Be About How Much Gold You Have”
I had the chance to reconnect with James G. Rickards, Senior Managing Director of Tangent Capital and author of the New York Times Bestseller, Currency Wars: The Making Of The Next Global Crisis. It was a fascinating conversation, as James indicated that the U.S. … Continue reading
Just in Time for the Start of the Christmas Retail Season
Why is J C Penney stock down 6% 12% 13.6% 15.29% this morning? More…
Debt ceiling crunch no later than Oct. 17
Treasury Secretary Jack Lew said Wednesday he now estimates he will have less cash on hand to pay the country’s bills in mid-October than he previously thought. Instead of the $50 billion he estimated a few weeks ago, he now … Continue reading
Posted in Editorial, Financial
Tagged debt ceiling, Jack Lew
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