By Michael Snyder
Because he can’t get Congress to approve the things that he wants to do, Barack Obama has apparently decided to rule by decree for the rest of his time in the White House. One of Obama’s latest moves is to try to ban some of the most popular ammunition for the most popular rifle in America. Previously, the Obama administration attempted unsuccessfully to ban the AR-15. […]
(Bloomberg) — The stage is set for another financial crisis to unravel years of relative calm in debt markets.
At least that’s how firms from UBS Group AG to Invesco Ltd. see it. Here’s why: Prices in the world’s biggest bond market are swinging and the plunge in oil is sinking the economies of nations from Venezuela to Nigeria.
To top all that off, the fundamental structure of the bond […]
CUBAN: FCC NET REGS WILL SPILL OVER, ‘TV AS YOU KNOW IT IS OVER’
Dallas Mavericks owner and investor Mark Cuban predicted that proposed FCC Internet regulations will end up impacting TV and “your TV as you know it is over” on Thursday’s “Squawk Alley” on CNBC.
Cuban began by predicting “the courts will rule the Internet for the next however many years.” He then explained, “let’s just take it […]
As promised, President Obama is using executive actions to impose gun control on the nation, targeting the top-selling rifle in the country, the AR-15 style semi-automatic, with a ban on one of the most-used AR bullets by sportsmen and target shooters.
The Bureau of Alcohol, Tobacco, Firearms and Explosives this month revealed that it is putting the ban on 5.56mm ammo on a fast track, immediately driving up […]
by Gary Christenson
Debt and budgets in the trillions of dollars and euros are difficult to comprehend. The US budget is nearly $4 Trillion per year while the US official national debt exceeds $18 Trillion. A single large bank may hold contracts for more than $50 Trillion in derivative contracts. Global debt is approximately $200 Trillion.
Let’s relate those numbers to gold prices, gold mined each year, and gold […]
In this episode of documenting the collapse we meet up with researcher David Quintieri, author of The Money GPS. David and I discuss the Pentagon’s ongoing proxy wars, economic warfare and the crumbling US economy.
David notes, “The real wealth of the people is declining year over year. The people have lost faith in their government while at the same time they are more dependent on their government, and […]
Dick Bove is back. Not that the bearded-bank analyst ever really went away, but Bove is making headlines today with a post on CNBC.com that argues “another potential mortgage crisis” is brewing.
You can read Bove’s piece here but I would sum it up thusly: ‘Onerous regulations have made private mortgage lending uneconomical and the government is once-again (still) overly reliant on Fannie Mae and Freddie Mac to […]
- High “structural” unemployment, high levels of public and private debt and a still vulnerable banking sector are weighing on the Irish economy
– Report further casts doubt on the “recovery” narrative being touted by governments, banks and vested interests across the world
– Levels of spin and denial not seen since before the crash of 2008
A report by the EU to be published today reviewing the […]
by James Quinn
Do Democrat control freaks actually believe the shit they propose will work, or do they just want more tax revenue to support their welfare/warfare state? Do Obama and his minions realize poor people buy most of the cigarettes and eat most of the junk food in this country? Taxing the shit out of cigarettes hurts their main constituency, but I guess they figure the Free Shit Army […]
Greek government does not have the revenue to support the debt. HP laying 58,000 people by the end of the year. Mortgage apps decline once again. Janet Yellen freaking out over the audit the FED bill. Secret black site discovered in Chicago. One step closer to closing down the society. US embassy in Afghanistan receives threats. Ceasefire in Ukraine non existent, Kiev stalls heavily artillery withdrawal. Iraq shoots down […]
by WashingtonsBlog “It’s Just A Matter of Time Before [Torture] Spills Back Into Domestic Territory. Historically, It Always Has”
What should we make of the news that Americans are being arrested and treated in Guantanamo-like conditions in Chicago … including:
Brutality Being held in secret Not even telling a suspect’s lawyer whether his client is being held?
And see this, this and this.
We explained last December that torture and […]
By Michael Snyder
Uh oh – Iran just got caught with both hands in the cookie jar. It turns out that even while Iran has been negotiating a “historic peace deal” with the western world, it has been secretly operating a huge underground nuclear enrichment site that it didn’t tell anyone about. But this is what the Iranians always do. They lie, lie and then lie some more. So […]
Amnesty Recipients Could Recieve $35k In Tax Benefits In Single Year…
Illegal immigrants who are able to obtain Social Security Numbers and work permits as a result of President Obama’s executive amnesty could claim tens of thousands of dollars in back tax benefits, a new Congressional Research Service memo obtained first by Breitbart News reveals.
The report comes following the Internal Revenue Service’s confirmation that once illegal immigrants […]
By PAUL B. FARRELL
It’s time to start the countdown to the crash of 2016. No, this is not a prediction of a minor correction. Plan on a 50% crash.
Most investors don’t want to hear the countdown, will tune out. Basic psychology. They’ll keep charging ahead with a bullish battle cry, about how the Nasdaq will keep climbing relentlessly to a new record above 5,048 … smiling as they remember reading […]
Feb. 23, 2015 / Death of the US Economy & System Collapse Jeff Nielson / www.bullionbullscanada.com
Jeff Nielson discusses the mathematical impossibility of sustaining the current Financial / Banking systems and provides evidence that the US Economy is a dead man walking and that Central banks have reached a dead end; debt jubilees, meaning debt defaults are the only way for the System to reset.
by John Rubino
The world is full of “carry trades” these days, and that’s a really bad thing.
In general terms, a carry trade involves someone borrowing money cheaply in one currency or market and investing the proceeds in something else that offers a higher yield. The strategy is profitable as long as the currency being borrowed doesn’t rise by more than the spread between the cost of the loan […]
The fact that the market is anticipating that the Federal Reserve will raise interest rates, yet the yields on the 10- and 30-year Treasurys are falling is an indication of how weak the overall global economy is, former Fed Chairman Alan Greenspan told CNBC on Thursday.
In fact, effective demand is extraordinarily weak, he said.
“The way I measure it, it’s probably tantamount to what we saw in the […]
The Coming Financial Bubble: Why It May Be The Worst Of All: http://t.co/inqfs6g4H1 Coming? It’s been here for years. pic.twitter.com/ojVDGrrp2r
— Jesse Colombo (@TheBubbleBubble) February 25, 2015
U.S. #Stock#Bubble update – Another Reason To Worry About The Stock Market: http://t.co/bqR02Jormw@DollarCollapsepic.twitter.com/AX1HEeFxIA
— Jesse Colombo (@TheBubbleBubble) February 25, 2015
Inflation trend turns negative for first time since 2009
WASHINGTON (MarketWatch) — Consumer prices fell in January for the third […]
The world is heading towards an economic and financial collapse of epic proportions. Individuals who are currently invested in this system fall into two categories. We have the overwhelming majority invested in paper-digital assets and a fraction of the populace holding physical assets such as the precious metals.
Currently, the financial system favors those invested in PAPER & DIGITS, while it punishes the precious metal enthusiast. Of course, this […]
Veteran Affairs Secretary Robert McDonald Lies About Special Forces
Alex Jones breaks down how the establishment is literally trying to re-write history to bring about WW3.
At 12 billion times as big as the sun, a newly-discovered black hole is challenging theories about how the phenomena grow.
Scientists say the black hole was formed around 900 million years after the Big Bang and is thought to be twice the mass of previously-found holes of similar age.
A global team of researchers based at Peking University made the discovery and “published their findings in Nature journal”:http://www.nature.com/nature/journal/…. […]
American Military No Longer Capable Of Fight Tow Wars Simultaneously, But Obama Is Patriotic
There’s little relief ahead for record U.S. steak and burger prices. While cattle ranchers like Brenda Richards are expanding herds for the first time in almost a decade, it can take two years to get more meat on the plate. After shrinking supply sent beef costs surging last year, the government still expects output to drop to a 22-year low in 2015. While ranchers are starting to breed more cows, […]
by Jesse’s Café Américain
The economic news was a mixed bag this morning, but given that the volumes were light, the technical trade prevailed.
Forget Greece, forget the Ukraine, and forget the joblessness and misery of many.
Forget short circuited reform, and misplaced policies, failed regulation, and rigged markets.
The Big Tickle today was Nasdaq 5000. This is the imperative of bubble-nomics.
The Fed is not independent. It tolerates the […]
by Jesse’s Café Américain
The Dow Industrial and the SP 500 were negative for the better part of the day, and decidedly so at times.
But the NDX and the cash Nasdaq were positive. Why was this?
The volumes on the Street are light, and the wiseguys are pushing tech hard to try and get that headline 5000 number on the cash NASDAQ.
And that’s the name of that […]