“It’s the final surrender of the House Republican leadership to Beltway politics & kicking the can & ignoring the budget monster that’s hurtling down the road.”
Debt Up $3 Trillion Under Boehner-Obama Spending Deals
(CNSNews.com) – The new debt run up by the federal government since House Speaker John Boehner cut his first spending deal with President Barack Obama has now topped $3 trillion—exceeding all the debt accumulated under all American presidents [...]
The US-Iran Deal Has Now Been Exposed — Episode 236
The people of Spain are now leaving to find work elsewhere. There are no jobs in Spain and the unemployment numbers are increasing. EU is making their move and trying to get the Ukraine to take a loan and if they don’t the US Government / central bankers will impose sanctions. The Iran — US deal has been exposed. The central [...]
by Adam Taggart, PeakProsperity.com
IF you can keep your head when all about you
Are losing theirs and blaming it on you,
If you can trust yourself when all men doubt you,
But make allowance for their doubting too;
- opening stanza to Rudyard Kipling’s, “If”
So, let’s say you’re a prudent person who has concerns that our economy isn’t ‘recovering’ as robustly as you’d like.
Perhaps you still remember the speed and depth of the 2008 [...]
By Michael Snyder
Do you know what is in your chicken nuggets? Thanks to Barack Obama, that is going to be a more important question than ever. At the end of August, the Obama administration quietly decided to start allowing Chinese poultry processors to ship processed chicken into the United States. For now, the meat must originate either in the United States or in another country where the poultry population has [...]
By Michael Snyder
Thomas Jefferson once said that “the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.” In other words, he believed that government debt was the equivalent of stealing money from future generations on a massive scale. Right now, the U.S. government is stealing roughly $100,000,000 from future generations of Americans every single hour of every single day. [...]
Wolf Richter www.testosteronepit.com www.amazon.com/author/wolfrichter
Exuberant wealth managers expect another phenomenally good year for stocks in 2014, followed by more great years. They see bonds and bond funds as a juicy investment that belongs in every diversified portfolio, damn the torpedoes. They’re the vast majority of wealth managers.
But there are some fretters scattered around, still, and they’re having a hard time, and they’re losing clients, and they’re pushed to the margins. No one wants [...]
Today’s AM fix was USD 1,255.25, EUR 912.05 and GBP 765.49 per ounce.
Yesterday’s AM fix was USD 1,245.75, EUR 906.13 and GBP 757.76 per ounce.
Gold rose $21.90 or 1.77% yesterday, closing at $1,262.50/oz. Silver soared $0.53 or 2.67% closing at $20.40/oz. Platinum climbed $15.25, or 1.1%, to $1,386.99/oz and palladium also rose $1.50 or 0.2%, to $735.20/oz.
Gold in U.S. Dollars, 5 Years – (Bloomberg)
Gold neared a three week [...]
http://usawatchdog.com/brace-for-vola… - Axel Merk, who manages nearly a half billion dollars, says, “The only good news in all of this is that policymakers are predictable. That provides opportunity such as shorting the yen or buying some gold.” Merk predicts, “The risk is something is going to blow up, but the more likely scenario is that we’re going to just keep our heads spinning . . . and we’ll talk again at [...]
Background here, here and here.
IN THIS INTERVIEW:
*NSA will give illegal inside trading information to the world’s central banks (0:49)
Market Oracle article: http://marketoracle.co.uk/Article4347…
*Congress throwing away the debt ceiling? (6:21)
*U.S. war with China? (7:12)
*Gold confiscation in the U.S. and collapse of the dollar (11:03)
*Record setting winter, snowstorm in Arizona! Where’s Global Warming? (19:23)
*NASA debunks global warming? (24:41)
Forbes article: http://onforb.es/1diLrg4
SUBSCRIBE (It’s FREE!) to “Finance and Liberty” for more interviews and financial insight: http://bit.ly/Subscription-Link
About Our Guest:
MICHAEL RIVERO is the webmaster of [...]
US Going After Other Countries To Report US Hidden Assets — Episode 235
Approximately 25% of the Greek people cannot afford healthcare at this time. Cyprus is getting more bail-out money. More than million children are homeless this is more than in the Great Depression. The US is forcing Swiss banks to hand over hidden assets, many are not complying at this time. The US government has extended the agreement for [...]
Canada Post will begin to phase out door-to-door mail delivery and convert service to community mailboxes, the Toronto Starreported Wednesday.
The postal agency plans to cut between 6,000 and 8,000 jobs over the next five years, and raise the price of stamps.
“A leaner workforce will create a more flexible and competitive Canada Post, able to respond quickly to the changing marketplace,” the agency said in a statement. “Canada Post has a mandate [...]
We’ve recently been treated to two mutually exclusive forecasts: that the Great Bull Market will run until 2016 or 2018, so no worries; and that markets are exhibiting bubble-like characteristics that presage another crash.
So which forecast is more likely the correct one?
Analysts of every stripe—fundamental, quantitative and technical—pump out reams of data and charts to support one forecast or another, and economists (behavioral, macro, etc.) weigh in with their prognostications [...]
There was no deaths reported in this event , but as you can see it was dangerous!
CHICAGO (AP) – It’s not the vision of a world-class city that Chicago Mayor Rahm Emanuel typically likes to portray.
More teachers losing their jobs, thousands fewer police and firefighters on duty, less frequent trash collection and miles of potholed roads going unrepaired – all as property taxes soar.
Read more: http://apnews.myway.com/article/20131210/DAAJB4881.html