Obama is WRITING LAWS…. this is NOT LEGAL…..White House Negotiates with ‘Underground’ Lobbyists on Executive OrdersOn Monday The New York Times reported that ever since Obama declared his intention of using executive orders to reshape immigration policy, “the process of drafting” that policy “has been conducted essentially behind closed doors, where lobbyists and interest groups invited to the White House are making their case out of public view.”
Nearly 1,800 lobbyists stopped [...]
I don't understand. ISIS beheading American doesn't make NYT front page but dominates front page in top UK paper. pic.twitter.com/MAkImvqJ36
— Elliott Schwartz (@elliosch) August 20, 2014
Aug. 20 (Bloomberg) — On today’s “The Agenda,” Tom Keene, Scarlet Fu and Adam Johnson look at trending news stories and the Twitter question of the day on “Bloomberg Surveillance.” (Source: Bloomberg)
Today’s AM fix was USD 1,294.50, EUR 973.75 and GBP 777.76 ounce.
Yesterday’s AM fix was was 1,300.25, EUR 973.75 and GBP 781.17 per ounce.
Today’s LBMA Silver Price was USD 19.42 per ounce. Yesterday’s LBMA Silver Price was USD 19.66 per ounce.
Gold and silver fell yesterday – gold fell $3 to $1,295.90 and silver fell 19 cents to $19.49 per ounce.
Russian central bank acquired another 300,000 ounces worth $3.9 billion [...]
from SGT Report.com:
James Corbett, The Corbett Report.com: Investigative journalist, writer, filmmaker, prolific truth teller. Please watch & share James’ new documentary: Century of Enslavement: The History of The Federal Reserve
Snowden: NSA MonsterMind Cyber-warfare Bot Can Kill The Internet
Euro and GFS have a GOM spin up.CMC has a possible East Coast hit.http://moe.met.fsu.edu/tcgengifs/Stay tuned for updates.http://www.nhc.noaa.gov/http://www.nrlmry.navy.mil/tc-bin/tc_home2.cgi?YEAR=2014&MO=08&BASIN=ATL&STORM_NAME=96L.INVEST&PROD=track_vis&PHOT=yes&ARCHIVE=active&NAV=tc&AGE=Latest&SIZE=Thumb&STYLE=tables&AID_DIR=/SATPRODUCTS/TC/tc14/ATL/12E.LOWELL/tpw/microvap&TYPE=ssmi
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter
The largest retailers in the US are struggling to get their sales up. Walmart’s US comparable-store sales were flat for the quarter ended August 1. Macy’s reported disappointing sales and cut its forecast for the year. Other retailers have chimed in, some with better results (Home Depot, for example), some with fiascos (Elizabeth Arden, with a 28% plunge in sales).
It has been tough out [...]
"Dell Inc. spent more on buybacks than they earned over their entire lifetime" – Ritholtz
— $hane Obata (@sobata416) August 20, 2014
How long can they keep this Ponzi scheme of an economy game going? Bix Weir ofhttp://RoadToRoota.com contends, “It’s almost exactly like the “Wizard of Oz” and the little man behind the curtain. He’s sitting in the basement of the U.S. Treasury and New York Fed orchestrating all these players to do what they are supposed to do. They get all the banks to rig every market to make sure the system [...]
#Ebola death toll tops 1,200 as virus spreads http://t.co/7lCDXQBbk3 pic.twitter.com/z8NLHkpZb1
— Global Times (@globaltimesnews) August 20, 2014
As the yearly end of summer doldrums engulf the Hamptons, the uber-wealthy position themselves for a rocky coming storm when the robust fall trading season begins. Some of the most memorable major equity collapses happen during this time of year. Logic, fundamentals and sound business analysis has very little to do in forecasting when the actual plug will be pulled on the rocket ride in stocks. In a rigid game, [...]
Robert Kiyosaki & Kim Kiyosaki, The Rich Dad Radio Show, Released on 8/19/14
“Taxes are one of the mains reasons why there’s a gap between the rich and the middle-class, because the poor don’t pay taxes, the middle-class pays taxes!”
“The rich can make more money and pay less in taxes, but so can you. You see, the tax laws are not written for the rich, the [...]
Spain’s and the EU recovery dissipates into ashes. Food prices are up and computer prices are down, no inflation? Housing permits surge in July and Home Depot reports improved earnings, housing recovery on track or is it? FAA restriction are extended to Aug 25, meanwhile the protesters and the police continue to clash. More residents are reporting masked men pushing the agenda of rioting, looting etc. Syrian opposition pushing the [...]
By Michael Snyder
If some psychopaths were running around crucifying and beheading lots of people and then they said that they wanted to drown my family “in blood” I would be inclined to take them seriously. But so far, most Americans seem to be completely and totally unconcerned about ISIS. Perhaps that is because we had so many years where we were told that al-Qaeda was a major threat [...]
Congress Is For Sale to the Highest Bidder
Americans of all stripes oppose the militarization of U.S. police forces.
A December 2013 Reason-Rupe poll found that 58% of Americans thought that police militarization has gone too far
A new Pew research poll shows that a plurality of people think that the police have gone too far in Ferguson, Missouri
So why does Congress continue to approve militarization? For the same reason that Congress members vote for NSA spying [...]
Draghi Is Running Out Of Legal Ways To Fix The Euro
In an interview with the Financial Times last week, Matteo Renzi struck a defiant tone against suggestions by the European Central Bank that Italy needs to implement more structural reform. Still, the Italian prime minister missed a trick. He should have said that he does not take advice from a central banker who is missing his own targets. If Mario Draghi, [...]
Why Does The Economy Stink? Because America’s Owners Are Greedier Now Than Ever Before
The U.S. economy is still sputtering. (See GDP growth chart above.)
Why is growth so slow and weak?
One reason is that average American consumers, who account for the vast majority of the spending in the economy, are still strapped.
The reason average American consumers are still strapped, meanwhile, is that America’s companies and company owners — the [...]
by Phoenix Capital Research
The Federal Reserve will stage its annual Jackson Hole meeting this week. The markets are rallying into this because traders have been conditioned to buy stocks going into major Fed meetings/ announcements.
The rumors around Wall Street are that Yellen will point out how the US recovery remains weak and thus the Fed should continue to keep interest rates at zero.
ST. LOUIS, MO (KTVI) – St. Louis Police Chief Sam Dotson says officers warned a suspect multiple times to put down his weapon before they shot and killed him.
The shooting happened around 1 p.m. Tuesday at McLaran and Riverview. Police say the suspect tried to rob the Six Star Market convenience store with a knife. Chief Sam Dotson said the store owner let the man leave the store. A St. [...]
This could be a major development, potentially the virus can reoccur even if a patient is deemed cured.
Stay tuned for updates.Reports have it that the woman was previously discharged from the hospital and then readmitted when she started showing signs of infection. - See more at:
Harrowing Images of Liberia’s Ebola Outbreak
Ebola is one of those freak viruses that can overwhelm us even with antibodies to it in our system.Persistent Infection with [...]
Stocks, bonds and housing might all be getting too expensive, economist Robert Shiller said Tuesday.
“My price-earnings ratio has been above 20 for more of the last 20 years,” he said. “It’s at 26 now. So, it’s a little higher than the average for those years, but it’s been high for a long time. It’s not exactly a new alarm.”
On CNBC’s “Halftime Report,” the Yale University economics professor said that the [...]
In a recent interview with Putin and another with Obama we can easily see the truth of this situation. Everyone in America should watch these interviews and listen carefully to what is said. The U S is PUSHINING for war and Putin is patiently holding back this threat and propoganda like attack with grace. Let all American’s understand the real truth about our Governement and their desire for a new [...]
Published on Aug 19, 2014
In 1971, former Congressman Ron Paul had a good medical practice in Texas, but all of that would change with an announcement from President Nixon: the dollar would no longer be convertible to gold.
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I saw 1971 [...]
Monetary central planning gives rise to economic waste, distortion and deformation because it causes capital to be mis-priced. Nowhere is this more evident than in the massive and destructive level of mergers and acquisitions(M&A) that has become a standard component of bubble finance. Stated simply, ZIRP and financial repression push long-term interest rates to deeply sub-economic levels, causing the value of future cash flows form M&A deals to be [...]
The Russia-Ukraine conflict is showing up in the financial reports of more European companies.
Danish beer maker Carlsberg said on Wednesday that revenue in its Eastern Europe operating segment fell 20% in the second quarter as total volumes decreased 12%.
Shares of Carlsberg listed in New York were down more than 3% on Wednesday following the news.
In a release, Carlsberg said: “The value of the Russian beer market grew [...]
109,631,000 Americans lived in households that received benefits from one or more federally funded “means-tested programs” — also known as welfare — as of the fourth quarter of 2012, according to data released Tuesday by the Census Bureau.The Census Bureau has not yet reported how many were on welfare in 2013 or the first two quarters of 2014.But the 109,631,000 living in households taking federal welfare benefits as of the end of [...]
Monrovia (AFP) – Four residents of a quarantined Ebola-hit slum in the Liberian capital were injured on Wednesday in clashes with police and soldiers sent in to seal off the area, an AFP correspondent and witnesses said.