Harley Schlanger, historian and national spokesperson for LaRouchePAC joins me to talk about 9/11 and false flag terror, western-backed ISIS terror, Obama’s speech, Ted Cruz’ undying love for Israel, the death of the dollar, the evil empire & the idolaters of money. We also talk about much needed solutions, like a return to the REAL American system and the massive water works project that could save the west from epic [...]
Omen? Government says all U.S. healthcare facilities need to be ready for Ebola: here’s the checklist
– While government officials and top doctors have maintained that they don’t think Ebola will become a widespread issue in the United States, the Centers for Disease Control and Prevention is recommending all health care facilities in the country “be prepared for managing patients with infectious diseases such as Ebola virus disease.” Issuing a facility [...]
BofA Warns “Risk Of Selloff” After September’s FOMC
While BofAML’s Michael Hanson expects Yellen’s overall tone to remain dovish, market perception will be key. The combination of changes to the forward guidance language, upward drift of the dots, and any comments seen as potentially hawkish, could lead to a selloff
West’s antics pushing Russia closer to China
The recent NATO summit in Wales, held against the background of the armed conflict in Ukraine, [...]
Retail sales are declining and many of the big retailers are in big trouble. The sub prime auto bubble is about to burst. Manufacturing is now declining. China announce a yuan clearing house with France and the UK will be issuing yuan denominated bonds in preparation for the yuan to be the world reserve currency. FBI facial recognition online. IMF in talks with West African nations to bail them out. [...]
By Michael Snyder
We could potentially be on the verge of the greatest health crisis that any of us have ever seen. The number of Ebola cases in Africa has approximately doubled over the past three weeks, and scientific computer models tell us that this Ebola pandemic could ultimately end up killing millions of us – especially if it starts spreading on other continents. At first, many assumed that this Ebola [...]
Slowing down: the world economy grew 2.6% in the year to the second quarter http://t.co/jqRKlVrGdv pic.twitter.com/HUj3wFEfVG
— The Economist (@TheEconomist) September 16, 2014
The world economy grew 2.6% in the year to the second quarter, a slower pace than in the previous three quarters. Of the 54 countries tracked by The Economist to calculate our measure of world GDP (which collectively account for 90% of global output), half saw their growth rates [...]
BY JOHN WARD
I posted some weeks ago to the effect that the most common reason for slaughter on our planet is ‘Taking Sides’.
I did not mean by this that one should never take sides. When expansionist gangsters take over a country, sooner or later they will visit yours…and you have to take sides. This rule applies whether the mobsters are Nazis, the Soviet Union, Jihadists, Globalists, or Ostrogoths.
My point was [...]
by John Rubino
Europe is an economic basket case while the US is kind-of sort-of recovering. Why? Several reasons, but the only one that really matters these days is that in 2012 and 2013 the eurozone operated with tight monetary policy and an appreciating currency while the US created new money with abandon and let the dollar fall. So US products got cheaper on global markets and US companies [...]
September 15th, 2014
Ever since the creation of the Federal Reserve in 1913 Americans have seen the value of their currency dwindle.
We know the dollar has lost some 97% of its value since the Fed took over. But it’s hard to actually grasp this destruction of value without some examples.
The infographic below, originally posted at The Burning Platform, is self explanatory. We are being robbed bit by bit, on a [...]
China Was Blasted Back To 2008 This Weekend
China released a bunch of grim economic data this weekend. The worst of it being industrial production, which slowed down to its lowest level since doom-year 2008.
It’s a flashback nobody in markets wants to experience and indicates that, unless the government wants to step in, China will be shrinking for the near term at the very least.
Here’s the big picture in the Societe [...]
Many cities and states have been on a borrowing and spending binge for years. One former lieutenant governor says the chickens are about to come home to roost. Do you hold the “riskiest” bonds among popular government issues?
Sources from within the Department of Defense have questioned why the Obama administration is implementing a military response to the Ebola epidemic when USAID and the Centers for Disease Control and Prevention are already involved in relief efforts.
“We don’t need to be taking planners away from the CT [counterterrorism] mission, and that is what is going on,” the Defense Department source told Fox News.
As we reported last week, top German [...]
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter
The sanctions, the last batch of which took effect on Friday, are targeting with ever increasing intensity the Russian economy and a growing number of key individuals. The defense, financial, and energy sectors have been hit the hardest. Oil and gas exports are Russia’s economic and fiscal lifeblood; Western financing is Russia’s corporate lifeblood. And that’s where the sanctions have begun to bite viciously. But not only in [...]
by Charles Hugh-Smith
Cranking markets full of financial cocaine so they never correct simply sets up the crash-and-burn destruction of the addict.
Human memory being what it is, almost three years of risk-on euphoria has created the illusion that risk-on is The New Normal that will continue on for years to come. Perhaps, but there are converging signals that suggest the risk-on trade is about to reverse polarity to risk-off. These include:
I work at a large call center, and we’re seeing Chase Bank payments down nationwide… Cards not working at ATMs, registers, etc. Anyone else seeing issues out there?
I just checked my Chase App and it had an Alert
Important Update on Cyber Security
We want to update you on the cyber attack we uncovered recently. Our investigations is ongoing, but here is some of what we know to date
* We have [...]
“I Want To Be Diversified, I Want To Own Some Gold” – Faber
Veteran investor Marc Faber, author of The Gloom, Boom and Doom Report, reiterated the need for gold in a diversified portfolio when interviewed last week on CNBC.
Faber, a resident of Thailand, is an advocate of gold storage in Singapore, and believes that a diversified portfolio will help protect against future market corrections which he believes are on [...]
BY JOHN WARD
Call me Damocles
Before kicking off today, I would like to make two things crystal clear:
1. I do not condone what ‘ISIS’ has done (or appears to have done). I regard Islamism – and its millions of assenting fellow-travellers – as a development fuelled by male misogyny and mediaeval concepts. It represents a murderous fanaticism far worse than anything the Nazis displayed, and it will be even harder to [...]
By Michael Snyder
The idea that the Obama administration has the budget deficit under control is a complete and total lie. According to the U.S. Treasury, the federal government has officially run a deficit of 589 billion dollars for the first 11 months of fiscal year 2014. But this number is just for public consumption and it relies on accounting tricks which massively understate how much debt is actually being accumulated. [...]
The poorest quartile of families is the only group that owes more than it owns. Thanks to declines in the value of assets, the group’s average leverage ratio — debt as a percent of assets — increased to 137.5 percent in 2013, the highest on record since the survey started in 1989.
Israel to Begin Investing Reserves in U.S Equities Today
The investment will be made in equity index trackers and will [...]
CENTRAL BANKS’ BANKER WARNS: Central Banks Are Inflating Asset Prices Around The World
“Low Volatility Everywhere” – BIS Sounds Alarm Alert On Pervasive Complacency Masking Systemic Shocks
Here comes another BIS report, and another stark warning by the central banks’ central bank, the Bank of International Settlements, best known for selling gold at key inflection points, that not only are asset prices are at “elevated” levels but that market volatility [...]
On the recent strength of the U.S. dollar, financial expert Martin Armstrong says, “The central banks only have the dollar, that’s it. It is the reserve currency. We just had a former Obama economist come out a few days ago and say the risk to the United States is a strong dollar, and we should give up the reserve currency position. Why? Because they realize there is no other choice. [...]
"At a global aggregated level deflation has been non-existent over the last 80 years." – $DB
— Rudolf E. Havenstein (@RudyHavenstein) September 13, 2014
"Since 1971 inflation has had an upward bias relative to most of prior history…" – Deutsche Bank pic.twitter.com/SB7gkqzU4w
— Rudolf E. Havenstein (@RudyHavenstein) September 13, 2014
by James Quinn
Facts are stubborn things, but statistics are pliable.”
? Mark Twain
I never believe government manufactured numbers. They will always be adjusted, massaged, and manipulated to achieve a happy ending for the propagandists attempting to control and fleece the sheep. Yesterday, the government produced retail sales numbers for August that were weak and the corporate MSM propaganda machine immediately threw up bold headlines declaring how strong these numbers were. Positive [...]
A top German virologist has caused shockwaves by asserting that it’s too late to halt the spread of Ebola in Sierra Leone and Liberia and that five million people will die, noting that efforts should now be focused on stopping the transmission of the virus to other countries.
Jonas Schmidt-Chanasit of the Bernhard Nocht Institute for Tropical Medicine in Hamburg told Germany’s Deutsche Welle that hope is all but lost for [...]
Our bodies are designed to survive. Aside from your spiritual being, the earth body has many functions. Our subconscious protects us on two fronts. Internal threats and external threats.
External threats are predators, storms, weapons, etc. Internal threats are bacterial, fungal and viral. There are also mental illness which is an internal illness of a virtual nature.
We are analog and our mind has a base frequency. The higher the frequency the [...]
The fundamental failing of today’s global economy can be summarized simply: Too Much Debt
We have taken too much of it on, too fast, in too many markets around the world, to have any hope of making good on it. Not only does the math not work out, but also on a moral level, we are placing a tremendous obligation on future generations that will unfairly limit the prosperity they [...]
Dr. Olivet Buck, a citizen of Sierra Leone, is the fourth doctor from that country to come down with Ebola.
Sierra Leone requested funds from the World Health Organization to evacuate the doctor to Germany on Friday, and said a Hamburg hospital was ready to receive her.
But a WHO spokesman said Saturday it could not comply with the request and instead would work to give Buck “the best care possible” in [...]
Investors pull £17bn from UK as banks ratchet up Scottish independence pressure
$2.66T: Tax Revenues for FY14 Hit Record Through August; Gov’t Still Runs $589B Deficit
IMF tax bombshell: its plans for higher VAT and a property raid are wrong
petrol tax should be replaced by a national congestion fee
Europe’s bond yields lowest since 15th century Genoa on deflation, Russia risk
IN THIS INTERVIEW:
– Why is Germany repatriating their gold? ?0:34
– What is America’s role in the new millennium? ?7:25
– Will debt be erased in a dollar collapse? ?11:46
– When will the U.S. government market rigging end? ?15:42
– Should we invest in rigged markets? ?18:04
– Australia aligning with the West or East? ?25:08
– Will the BRICS association survive? ?29:49
SUBSCRIBE (It’s FREE!) to Reluctant Preppers, “Helping You Be Aware and Prepared” [...]
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter
This must be part of the explanation why home sales in the expensive parts of California, which is where most people live, are collapsing: according to a Harris Poll on behalf of electronic broker Redfin, 92% of millennials who don’t already own a home do not plan on buying one in the future. Ever.
These people, now between 25 and 34, are in their peak home-buying age. They’re the [...]
Space Weather Alerts, NOAA / Space Weather Prediction Center, Sept. 13, 2014:
Extension to Serial Number: 43 (Issued 2:48a ET Sept. 13, 2014)
Space Weather Message Code: WARK07 [Highest level geomagnetic warning]
EXTENDED WARNING: Geomagnetic K-index of 7 or greater expected
Comment: Extended warning due to continued potential for geomagnetic storming from the 10 Sep CME
Valid Until: 12:00p ET Sept. 13, 2014
Warning Condition: Persistence
Potential Impacts: Area of impact primarily poleward of 50 degrees Geomagnetic [...]
Every month the US Bureau of Labor Statistics releases an Employment Situation Summary, but whether the report is positive or negative depends greatly on who interprets it. What does the job report actually mean? Is our economy on a rise or decline?
FROST TO GRIP NORTHEAST…
Following a chilly rain during part of the weekend, the coolest air since the spring will settle over the Northeast Sunday night into Monday morning.
Temperatures are forecast to dip into the 50s from Boston and New York City to Philadelphia and Washington, D.C. The last time readings were this low was during the first couple of days of June in most cases and in late May in [...]
Big business warned of ‘day of reckoning’ if Scots vote Yes…
Jim Sillars, Alex Salmond’s former mentor, says the nationalists will have their revenge by nationalising BP, breaking up the banks and boycotting John Lewis
Referendum too close to call…
Guardian/ICM poll finds support for no campaign on 51% and yes on 49% with less than a week to go, but 17% of voters say they have yet to make up their mind
Argentina to get $1bn in currency swap with China before end of 2014
On August 5, Russia and Iran signed a Memorandum of Understanding (MoU) on oil-for-goods exchanges under which Russia could take 500,000 BPD of Iranian oil exports in returns for providing goods, services and equipment to Iran.
Russia seeks safe haven in gold, away from dollar and euro
Ecuador’s ‘digital currency’ explained
Fed: Under Obama, only the richest 10 percent saw incomes [...]
Lakeland Industries launches hazmat suits for Ebola
“Lakeland stands ready to join the fight against the spread of Ebola,” said Christopher J. Ryan, President and Chief Executive Officer of Lakeland Industries.
“We understand the difficulty of getting appropriate products through a procurement system that in times of crisis favors availability over specification, and we hope our added capacity will help alleviate that problem.
With the U.S. State Department alone putting out a bid [...]
by Dave Hodges
Participation on Facebook could prove very dangerous to your future well-being. There is a reason that Facebook is aligned with both the CIA and the NSA. I have several credible sources tell me that all data posted on Facebook goes into series of cataloged files which culminates with each person being assigned a “Threat Matrix Score”. The mere existence of a Threat Matrix Score should send chills up [...]
Panic On The Streets Of London … Can Scotland Ever Be The Same Again?
There is now less than one week of campaigning remaining before the Scottish Independence Referendum, which takes place next Thursday, September 18.
The pro-union ‘no’ vote campaign is back in the lead this week after the latest opinion poll from pollsters YouGov put them at 52%, marginally ahead of the pro-independence ‘yes’ campaign.
The referendum question being asked [...]
BY JOHN WARD
The appalling smell of US foreign policy
A SLOG SPECIAL INVESTIGATING:
*The many faces and forked tongue of Senator John McCain
*How the Muslim Brotherhood became the Syrian rebels who begat ISIS
*How McCain dealt directly with the ISIS leader, and feted his colleagues as ‘brave freedom fighters’
*The unexplained need for McCain to have big but discreet money
*The direct link between his sponsors and his Middle East policies
* The obvious involvement of [...]
More Car Owners Fall Behind on Auto Loan Payments
More car buyers are falling behind when it comes to payments on their auto loans, a new report says.
The auto loan delinquency rate — borrowers who are at least 60 days behind on their loans — rose to 0.95% in the second quarter, up more than 9% from 0.87% the same quarter a year ago, reports TransUnion, the big credit bureau.
World Bank [...]
China and Russia are to build one of the largest ports in northeast Asia on Russia’s Sea of Japan coast, Chinese media reports. It is the latest step by Beijing and Moscow to bring their economies closer, and diversify from Western influence.
The new seaport will be located in Russia’s Far East, just 18 kilometers away from the Chinese border and will be capable to handle up to 60 million tons [...]
The S&P 500 index is near a record high yet the U.S. has the lowest level of stock ownership since 1995. What explains the lofty market prices? See a chart that provides insight.
You know what rare talent SHOULD earn a win for a Miss America contestant? Knowing how to cook.?
Scotland, the Knight’s Templar and secret history of traditional mysticism & feminine energy is explored in this interview clip with Free The Unicorn author Hugh Gilbert. The importance of a “free” Scotland is explored in an unconventional way for this Buzzsaw episode hosted by Sean Stone.
Frank Holmes talks gold, FOMC, and the Far East on this edition of “Gold Game Film.” Holmes says all eyes will be on the Federal Open Market Committee meeting ending on Wednesday. “How will [Janet Yellen] describe the exit by the fed from the bond market and will they be looking at an extended period of time before they change interest rates,” he says will be the main focus of [...]
The US says the drill had been planned before the current crisis in eastern Ukraine, where government forces have been battling pro-Russian rebels.
Clashes have continued in eastern Ukraine, particularly around the city of Donetsk, despite a ceasefire deal.
Russia denies sending troops to aid the rebels, as alleged by Ukraine and Nato.
Over the weekend, Ukrainian Defence Minister Valery Heletey said Nato countries had begun arming his nation in the fight against [...]