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Category Archives: Financial
401K & IRA CONFISCATION GETTING CLOSER
Don’t say I didn’t warn you about your 401k’s and IRA’s. Orrin “Magic Underwear” Hatch has introduced legislation to “create a new public retirement plan in which insurance companies pay benefits through annuity contracts”. Now it’s the Government’s turn to takeover … Continue reading
Posted in Editorial, Financial
Tagged 401K, Confiscation, IRA
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Get Ready For The Next Great Stock Market Exodus
by Brandon Smith In the years 2006 and 2007, the underlying stability of the global economy and the U.S. credit base in particular was experiencing intense scrutiny by alternative economic analysts. The mortgage-driven Xanadu that was the late 1990s and … Continue reading
Posted in Editorial, Financial
Tagged Brandon Smith
Comments Off on Get Ready For The Next Great Stock Market Exodus
What Does a Currency Collapse Look Like?
by Dave Hodges All that is needed for unmistakable martial law to be rolled out in its entirety, is for the right trigger event to take place. Will It Be a False Flag Attack Or a Currency Collapse? My initial … Continue reading
Spanish Banks Petition To Convert Historical Losses Into Bank Capital
In what has to be the most insane level of desperation, the Spanish banking system is lobbying to turn its deferred tax ‘assets’ into fungible capital to meet new stricter Basel III requirements. In other words, the Spanish banks believe … Continue reading
Posted in Editorial, Financial
Tagged Spanish Banks
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Rick Santelli Rages: “Who Is Bernanke Working For?”
More…
Posted in Editorial, Financial
Tagged Rick Santelli
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27 Facts That Prove That The Family In America Is In The Worst Shape Ever
The family is one of the fundamental building blocks of society. If you do not have strong families, you are not going to have a strong society. Unfortunately, the state of the family in America continues to deteriorate. The marriage … Continue reading
Obama Train Wreck, Part II: Obamanomics and Big Government To Blame For Great Recession
httpv://www.youtube.com/watch?v=Azl598MUMFU
Posted in Editorial, Financial
Tagged Bill Whittle, Scott Ott, Steve Green
Comments Off on Obama Train Wreck, Part II: Obamanomics and Big Government To Blame For Great Recession
If the U.S. goes back on the gold standard, what does that mean for silver holders?
httpv://www.youtube.com/watch?v=7yMNVMQvSvo
SHANGHAI GOLD VOLUME SHOCK
by Stewart Thomson: For decades, the American “paper gold” market (the COMEX) has been the primary market for determining the POYG (price of your gold). Most analysts in the gold community believe that demand for physical gold will somehow overwhelm … Continue reading
Egyptian army’s financial coup: 12 billion petrodollars from Saudi, UAE, Kuwaiti fans
In a dazzling display of monetary muscle, Saudi Arabia and the United Arab Emirates poured $8 billion in a single day into the coffers of Egypt’s army rulers in cash, grants, loans without interest and gifts of gas, a dizzying … Continue reading
41 IMF BAILOUTS AND COUNTING – HOW LONG BEFORE THE ENTIRE SYSTEM COLLAPSES?
Broke nations are bailing out other broke nations with borrowed money. Round and round we go – where we stop nobody knows. As of April, 41 different countries had active financial “arrangements” with the IMF. Sometimes they are called “bailouts” and sometimes they … Continue reading
101M Get Food Aid from Federal Gov’t; Outnumber Full-Time Private Sector Workers
The number of Americans receiving subsidized food assistance from the federal government has risen to 101 million, representing roughly a third of the U.S. population. The U.S. Department of Agriculture estimates that a total of 101,000,000 people currently participate in at least … Continue reading
Posted in Editorial, Financial
Tagged EBT, Food Stamps
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June Payrolls +195K Much Higher Than Expected; Underemployment Rate Soars To 14.3%
So much for any doubts about a September taper: with the street expecting a 165K NFP number for June, the actual print of 195K following an upward revised May print of 195K as well, means the Fed’s September flow fade, … Continue reading
Posted in Editorial, Financial
Tagged June Payrolls, Underemployment
Comments Off on June Payrolls +195K Much Higher Than Expected; Underemployment Rate Soars To 14.3%