from Gold Silver Worlds:
In this interview with Future Money Trends, Bud Conrad (Chief Economist at Casey Research) comments on several aspects of the economy and monetary system. This is what he had to say about the global race to debace (currency war).
Across the planet, the central banks have all agreed they are in a race to debase. They are trying to decrease the value of their currency, and they say that it’s good for us because it will increase [...]
EVEN FOX NEWS! This is getting Insane!
Interesting enough the only suspect is a single Black male… which would be a democrat, right!
From Liberty Blitzkrieg:
McClatchy has released a very important study that demonstrates that not only is the Obama administration being intentionally secretive about their entire drone program, but in reality, it has no idea who it is killing or how many.
In many cases, those killed are just classified as an “unknown extremist,” aka a civilian.
We already know how insane the drone program is from many sources, including the confessions of drone [...]
A homeless, hatchet-wielding hitchhiker named Kai is being hailed as a hero after saving a woman from the clutches of a bear-hugging racist who claimed to be the reincarnation of Jesus Christ.
The story goes like this: After ramming his car into a black Pacific Gas and Electric (PG&E) worker in West Fresno and pinning him to his utility truck, an unidentified man attempted to make things much worse by exiting [...]
A mother who was deemed insane after drowning her three-year-old daughter in the bathtub has been allowed to walk free from jail just three years later – because doctors say she regained her sanity.
Jennifer Bigham, from Modesto, California, admitted killing the toddler in 2010 and was found not guilty of murder by reason of insanity.
After doctors ruled she is now sane, Bigham has been allowed to walk free and was released [...]
Are they insane? I think they’re planning for something.
Now they built a city in Angola, Africa.
Could the Chinese establishment be building “safe havens” in what they consider to be safe locations after the Pole Shift? Perhaps China knows something of what the future holds, and apparently is not worried about repercussions from those “in charge” of the Planet X cover-up.
Even though the rationale for these cities has not been explained [...]
Bread That Lasts For 60 Days Could Cut Food Waste
Food waste is a massive problem in most developed countries. In the US, figures released this year suggest that the average American family throws away 40% of the food they purchase – which adds up to $165bn (£102bn) annually.
READ MORE @ BBC
That’s insane. But there was no source for the figure quoted in this article, so I did some research. Here’s where [...]
That is insane wealth. They do not even pay their employees a living wage. Average Wal-Mart salary is $14,500 a year.
Just how rich are the Waltons? According to the latest edition of the Forbes 400, released yesterday, the six wealthiest heirs to the Walmart empire are together worth a staggering $115 billion. This marks the first time in American history that one family has controlled a 12-figure fortune. While the [...]
The difference between Japan and the United States is kind of startling. In Japan, at this point the permissible level of radioactivity in food is 100 becquerels per kilogram [...] In the United States the permissible level is 1,200. So Japan’s limits are 12 times stronger than ours, which means that we could very certainly be importing food from Japan that’s considered unfit to eat there.
UBS announced a new exchange-traded note today that illustrates just how wild the “search for yield” has become.
The ETN, called the ETRACS Monthly Pay 2x Leveraged Mortgage REIT, offers double the return of the Market Vectors Global Mortgage REITs Index – itself an investment vehicle 8x leveraged to mortgage-backed securities.
So, in effect, if you’re bullish on mortgage-backed securities, you could use this product to lever up 16 times.
However, the real driver behind this new ETN [...]
The average price of gasoline in California is $4.671 per gallon, up from $4.668 yesterday. This is according to the latest data from AAA’s Fuel Gauge Report.
This is a new all-time high.
California’s gas supply has been squeezed by refinery outages, which are slowing coming back online.
However, analysts point to the deceleration in th price increases as a welcome sign that the worst may soon be over.
Read more: http://www.businessinsider.com/california-gas-prices-all-time-high-2012-10#ixzz28oNaUBFD
California drivers awoke this morning to absolutely no relief at the pump as the state’s average price of gas hit $4.668, up from $4.655 yesterday. This is according to AAA Fuel Gauge Report, which was updated at 3:03 AM.
This is a new all-time high.
There’s still been no official ruling on Gov. Jerry Brown’s petition to waive the state’s onerous fuel blend requirement.
Read more: http://www.businessinsider.com/monday-california-gas-price-hit-new-high-2012-10#ixzz28iab4b7j
From Mao Money, Mao Problems:
Back in December 2011, I wrote about the insane leverage ratio at the People’s Bank of China. The post generated a lot of buzz, but no one could actually answer the question of what happens when a central bank becomes insolvent.
We might get an answer to that question quicker than we expected. At current exchange rates, it will be one of the most expensive lessons in [...]
This is the ADULT version
The Only Valid Security Check
Policy Letter May 22, 1961 (Amends all existing data on Security Checks)
Since a Security Check failure can compromise or injure a person’s position or economics, and because we are not moralists, it is better to be more positive on the subject of a Security Check failure, leaving no part of it up to judgment.
The question of what constitutes a Security Check failure [...]
You have a scramble by the algo banks to buy stocks because they will be given more money to buy the same stocks again?
Who outside the same banks who get the Fed ejaculate will actually buy the same stocks?
One guy has a rock. He tells another guy he bought it for $100.
The other guy says, “I want that rock.”
The first guy says, “Ask that government guy over there. He’ll give [...]
Sigh: FaceBook’s market cap briefly passed $100 trillion.
Thursday, May 3, 2012
Paul Joseph Watson canvassed Facebook for the most insane conspiracy theories. Here are the results.
Diamond wholesaler Tov International recently created a dream version of the little black dress.
The dress, which is valued at $15 million and made its debut on April 25 at the American Gem Society 2012 Conclave, is covered in 100 flawless diamonds, Forbes’ Anthony DeMarco reported.
The LBD, designed by Chloe & Reese, incorporates four diamonds on each sleeve, seven covering the back, with the remaining 85 decorating the bodice.
Naturally, all of the [...]
From Economic Policy Journal:
In today’s Wall Street Journal, Michael J. Boskin and John F. Cogan write an important op-ed detailing how high-taxes, high-government spending, and burdensome regulation are choking California and may result in California falling into the ocean and landing next to sinking Greece.
… Cogan and Boskin, since they are both Republican operatives, are also currently out of government and have landed at Stanford, where they are allowed to snipe [...]
This is more about heightening rhetoric on all sides. It needs to sound really dire so that the sheeple in each respective country unite together and stop being dissonant. That’s what this truly is about. That’s why we have a war every ten years. Support the President dropping bombs on Iranian children or you don’t support our troops and are anti-American!
Iran will get a nuclear weapon one way or [...]
Slovakia’s opposition leader says the deal to approve expanding the EU bailout fund has been reached and it will be voted in later this week. Earlier, the country’s parliament voted against it, which caused the collapse of country’s ruling coalition. Slovakia was the only member to say ‘no’ to increasing the facility, which already got the green light from 16 of the 17 Eurozone [...]
FOREST HILLS, NY (PIX11)— Police are looking for a Manhattan mom who managed to illegally remove her eight children, who all happen to have the same name, from a children’s home during a visit Monday.
Shanel Nadal, 28, entered the Forest Hills child agency at 67-35 112 St. around 4 p.m. for an authorized visit, but, when she left, she removed her children without permission, police said.
The eight [...]
History : The insane speculation began to come unstuck when the economy started to decline. In the summer of 1929, industrial production fell sharply from an index of 126 in June to 117 in October, steel production also declined (a useful indicator of economic activity) while house building, which had been falling for several years, slumped in 1929.14 So from its high point at the beginning of 3 September 1929 [...]