Oil Collapse: This Could Be the Most Destructive Economic Situation Since ‘Great Depression’

With the price of oil hovering around $44 and U.S. oil inventories at record highs the general consensus is that the economy will soon see a boost in consumer spending as Americans will take their gas savings and spend it at retail stores.

But there’s a lot more going on with oil on a geo-political scale than can be pumped into a 30-second propaganda soundbite from financial pundits and […]

70% of U.S. households struggle with either low incomes, insufficient savings, or debt; The typical low-income U.S. household has only 9 days of income saved in the bank or at home.

70% of U.S. households struggle with either low incomes, insufficient savings, or debt http://t.co/BYgEe5rqO8 pic.twitter.com/Dqaz8zWkfF

— Real Time Economics (@WSJecon) February 1, 2015

The typical low-income U.S. household has only 9 days of income saved in the bank or at home.

Some 55% of U.S. households are “savings-limited,” Pew says, which means they don’t have enough liquid cash on hand to replace one month’s income. The typical low-income household has […]

How screwed up is the world when savers have to pay banks to keep their deposits and those same banks turn around and pay debtors on their mortgages? This will end badly.

In Denmark You Are Now Paid To Take Out A Mortgage

With NIRP raging in the Eurozone and over €1.5 trillion in European government bonds trading with negative yields, many were wondering when any of this perverted bond generosity will spill over to other debtors, not just Europe’s insolvent governments (who can only print negative interest debt because of the ECB’s backstop that it will buy any piece of garbage […]

Strong Dollar Squeezes U.S. Firms, Rising Currency Takes a Toll on Sales and Profits; Stocks Drop as Capital Spending Slows, Too

Here’s why the dollar is so strong and what it means for investors http://t.co/wBOkUjlGRK pic.twitter.com/sw2mMurjXT

— Business Insider (@businessinsider) January 31, 2015

The stronger dollar is slicing sales and profits at big American companies, prompting them to put renewed emphasis on cost cutting and cramping the broader U.S. economy. The currency effects are hitting a wide swath of corporate America—from consumer products giant Procter & Gamble  to technology stalwart […]

Fund Manager: PMs Raided to Prevent Feb Delivery Run on COMEX Gold!

http://www.SilverDoctors.com http://www.SDBullion.com

With Silver enduring the largest 1-day smash in 18 months Thursday, PM Fund Manager Dave Kranzler joined the show this week discussing:

1. Gold & silver take-down on options expiration/ First Notice Day- Cartel had to force selling of 3 million oz of Feb gold contracts to prevent a potential run on delivery in Feb gold! 2. With the cartel desperate to prevent a delivery run on […]

New Housing Bubble: Prices Up, Ownership Down, Wall Street a Mega-Landlord: “America is Becoming a Nation of Renters”

Mac Slavo January 31st, 2015 SHTFplan.com

 

Want to own your own home, but stuck, temporarily, renting until you can? You aren’t alone.

Wolf Richter outlined a pretty eery scenario.

The 2008 financial Armageddon was in larger part a result of the housing bubble bursting. Thanks to the subprime mortgage scandal, millions of homeowners were put in homes they couldn’t afford, making the awful game of musical chairs an […]

Is Another “Mortgage Meltdown” on the Way?

Very few observers expect a repeat of the subprime mortgage crisis. But the former chief credit officer of Fannie Mae is sounding the alarm. We have a forecast of our own.

Updated List of ADMITTED False Flag Attacks

by WashingtonsBlog

Preface: Readers are encouraged to post historically-documented instances in which a member of a government admits that his or her government carried out a false flag attack. While there are many documented false flag attacks, we’re focused on finding cases which are admitted to by someone in the government who carried out the attack.

Governments from around the world admit they’ve used the bully’s trick … attack first, […]

Rand Paul re-introduces Fifth Amendment Integrity Act that would restrict the government’s ability, from the Department of Justice on down to local cops, to seize property from criminal suspects

On the morning before attorney general nominee Loretta Lynch would face Congress, Kentucky Senator Rand Paul re-introduced a bill that would tie her hands. Paul and a crew of congressmen—Minnesota Representative Keith Ellison, Michigan Representative Tim Walberg—had resurrected the Fifth Amendment Integrity Act. If passed, it would restrict the government’s ability, from the Department of Justice on down to local cops, to seize property from criminal suspects.

“We’ve had protests […]

The 19 Ingredients in McDonald’s Fries

Ever wonder what makes up highly popular fast food, such as McDonald’s chicken nuggets or french fries? If the fast food giants recently launched ‘transparency campaign’ tells us anything, it’s that the public is increasingly demanding truth and change. But what McDonald’s ‘truth campaign’ isn’t telling us is that much of its food is lathered in questionable, health-compromising ingredients.

In the most recent transparency video from McDonald’s, Grant Imahara explains […]

Police Draw Guns after responding to reports of Snowball Fight in New Rochelle, NY

NRPD Gun Drawn Snowball Fight, may have been Wed. Jan 28, 2014. Confirming details.

Disclosure of the Cabal Financial High Crimes

James Martinez: Michael C. Cottrell’s Disclosure of Cabal Financial High Crimes

Audio:

[link to www.youtube.com (secure)]

James Martinez provides an EXCLUSIVE briefing on the latest stalling tactics, criminal subterfuge, and economic high crimes against humanity by the cabal run by George H. W. Bush & Family, The Clintons, Dick Cheney, and current Puppet-In-Chief, Barry Sotero, a/k/a, Barack Obama.

In a release by Michael C. Cottrell, who is a […]

TWEET: Who will offer the first negative rate mortgage

Guess which country pays people to take out a mortgage?

DENMARK…..ding ding ding……. we have a winner!

http://www.zerohedge.com/news/2015-01-30/denmark-you-are-now-paid-take-out-mortgage

In Denmark You Are Now Paid To Take Out A Mortgage With NIRP raging in the Eurozone and over €1.5 trillion in European government bonds trading with negative yields, many were wondering when any of this perverted bond generosity will spill over to other debtors, not just Europe’s insolvent governments (who can […]

Gold Gets Safe Haven Bids But COMEX Has Stopping Power

by Taki T

This article is part of a series of in-depth market analyses for gold investors. Our aim is to publish this type of analysis on a weekly basis. It is not meant to be investment advice, but it should provide precious metals investors key insights about the ongoing and expected gold price trend(s).

Our focus is on chart analysis. With an average of 10 to 15 charts per article, we will […]

Arctic air will bring temps 10-20 below average to the Northeast next week:

#Arctic air will bring temps 10-20 below average to the #Northeast next week: http://t.co/1CzNuG9IY7 #weather pic.twitter.com/zmRrQ1VwaE

— Weather Underground (@wunderground) February 1, 2015

State Department Discusses Banning Alternative Media Outlet

The US State Department has openly discussed shutting down RT, the Russian news network.

Assistant Secretary of State Victoria Nuland was asked about the idea of shutting the company down at a meeting at the Brookings Institution. She said no, paying lip service to Freedom of Speech, but citing RT’s limited reach as the real reason.

The incident goes to demonstrate exactly how much censorship exists in the United […]

China Knocks US from Top Spot In Worldwide Foreign Investment

More foreign direct investment flowed into China than the US in 2014, bumping the US off the top spot for investment in the world, a position it has held since 2003.

China attracted $127.6 billion in foreign investment in the past year, far more than the $86 billion that flowed into the US, according to figures published by the United Nations Conference on Trade and Development (UNCTAD) on Thursday.

[…]

Total News Blackout In Canada – People vs Central Bank

We do not have to explain that one of the GREATEST FRAUDS of all time is the central banking hoax. We the people of Canada own the central Bank but it was stolen in 1974. In a class action suit filed by Lawyer Rocco Galati on December 12, 2011 there has been a complete News Blackout regarding the proceedings of this lawsuit.

UPDATE: BREAKING NEWS – No one else will […]

Big Oil Wants North Dakota to Ease Radioactive Waste Laws

Amid falling oil prices nationwide, energy industry players in North Dakota want officials to alter radioactive waste disposal laws so that more toxic fracking fluid can be stored in-state, saving companies tens of thousands of dollars per truckload.

Radioactive waste from the energy industry is currently sent outside North Dakota, due to rules that bar state landfills from accepting more than a minor amount of radiation.

The state’s hydraulic […]