Federal Reserve ZIRP has essentially destroyed household income growth: Households headed by those 45 to 54 see their real household income growth drop by 16 percent from 1999.

from mybudget360.com:

The Federal Reserve has pursued a zero interest rate policy as a mechanism for pulling the US out of the financial crisis.  Interestingly enough low rates and heavy speculation were part of the cocktail that led us into the crisis in the first place.  Ben Bernanke recently mentioned a bit of concern that speculation is once again entering the markets.  The Fed of course is always cautious in their wording including [...]

Why America Fell So Far … So Fast

by WashingtonsBlog

 

All Empires Crash Soon After They Reach Their Peak

Thomas Edison said, “Dissent is the highest form of patriotism.”   And because I love my country, I frequently criticize America’s shortcomings in the hopes of making her better.

But the truth is that the United States is not unusual … it is just like all other empires which have hit their peak and then quickly crashed.

We noted in 2008:

Political insider and veteran reporter Kevin Phillips [...]

Plastic Surgery Blamed for Making All Miss Korea Contestants Look Alike

It’s an accepted truism that all beauty pageant contestants have a certain similar “look,” but one Japanese blog has touched off a firestorm of speculation that South Korea’s plastic surgery crazemay have taken that cliché too far.

It’s an established fact that South Korea has one of, if not the highest rate of plastic surgery per capita in the entire world, and a Japanese blog covering South Korean topicrecently wondered out loud if the phenomenon [...]

Is this six-inch ‘space alien’ really HUMAN? DNA tests on tiny creature found in Chile prove it’s one of us, claim scientists in new documentary

10 years ago the bones of a six-inch skeleton with a large head were found in Chile
There was speculation that the Atacama humanoid, nicknamed Ata, was either an aborted fetus, a monkey or even an alien
Now scientists at Stanford University have carried out conclusive DNA tests which have found the remains are those of a mutated human

It was hailed as proof of alien life, a mummified visitor from another planet.

Ten [...]

Precious metals CEO: Physical silver market is “ugly”

From Zero Hedge:

By now, everyone has speculated on what caused the great precious waterfall which started on April 12 and continued for the next four days.

The factual reason for the biggest gold down days in history will likely remain unknown. In fact, in a sea of unfounded opinions, the only thing missing so far has been an informed opinion on what is really happening in some market — be it [...]

There Were Four Trends Leading Up To The Great Depression…

1. The rich got richer
2. Accumulation shifted to speculation
3. There was soaring stock market credit
4. Lagging business investment
All four of these trends are in place now.

 

Look back at 1929. Irving Fisher, considered a great economist of his time, stated that stock prices had reached a permanently high plateau. Two weeks later the market crashed. It held at the 1928 levels until it was taken down in 1930 and 1931 bear [...]

BREAKING: CHECHEN REBELS BLAME RUSSIA FOR BOSTON BOMBINGS – “We will not attack America, We only attack inside Russia”… Russia asked FBI to investigate Tamerlan Tsarnaev in 2011

MOSCOW, Russia — A website used by Russia’s North Caucasus rebels denied Sunday any link to the deadly Boston Marathon bombings that have been blamed on two ethnic-Chechen suspects.

“The command of the Vilayat Dagestan mujahedeen… declares that the Caucasus fighters are not waging any military activities against the United States of America,” the Kavkazcenter.com website said.
“We are only fighting Russia, which is not only responsible for the occupation of the Caucasus, [...]

After Boston, Congressman Urges Caution on Immigration

Representative Steve King of Iowa, a prominent House conservative, says Congress should be cautious about rushing immigration reform, especially after Monday’s bombing in Boston, where three people were killed.

“Some of the speculation that has come out is that yes, it was a foreign national and, speculating here, that it was potentially a person on a student visa,” King says. “If that’s the case, then we need to take a look [...]

Kim Jong-Un has not been seen in 2 weeks

SEOUL, April 14 (Yonhap) — North Korea’s young leader Kim Jong-un has not been seen in public over the past two weeks, setting off speculation that he might be tempted to tone down fiery threats of provocations, according to sources and an analyst on Sunday.

http://english.yonhapnews.co.kr/news/2013/04/14/…HTML

China warns North Korea it will not tolerate ‘troublemaking’

“China has sent North Korea its strongest warning yet not to “misjudge” the crisis on the Korean Peninsula, telling Pyongyang it “cannot shirk its responsibility” for ratcheting up tensions.

The warning from North Korea’s only major ally came as speculation mounted that missile tests are imminent. US and South Korean officials are playing a waiting game, saying the launch of mobile weapons could come “at any time”, according to Pentagon sources [...]

China looking at direct yuan trade with aussie dollar

Yuan move would lower transaction costs, deepen ties with vital commodities supplier

China may soon allow its currency to trade directly with the Australian dollar, according to officials from the central bank and a top government think tank.

The official at the People’s Bank of China, who did not want to be identified, said moves were afoot to allow direct trade settlement between Australia and China, rather than through the US dollar, [...]

Was the Economic Crisis Triggered by a Lack of Justice?

from The Daily Bell:

Stagnant Wages and Speculation Triggered the Crisis … There’s been a lot of debate about just what is at the root of the current economic crisis. Some people have called it a banking crisis. Some people have called it a regulatory crisis. Some people are trying to say it’s a debt crisis. Well, there’s another line of thought, which is: the underlying issue is that in fact it’s [...]

BREAKING: Venezuela devalues currency another 47.5% over weekend for a total of 71.65% in the last 50 days and the media is silent?

With currency wars at hand you would think this would be headline ! Not a peep out of the MSM ! This occured Saturday but just being reported today !

Monday, April 01, 2013 – Caracas—A Venezuelan government foreign currency auction for local importers has triggered a de facto currency devaluation, the second in less than 50 days, analysts said.

Venezuela has had strict currency exchange controls since 2003 in an attempt [...]

Check out who made a bet against Cyprus Banks last month… Planned, 100% take a look

According to Barron’s columnist Steven Sears, someone made a big bet against the financials ETF yesterday (ticker symbol XLF), and it has everybody buzzing.

 

The trader bought 100,000 put options on the ETF (a put option increases in value when the price of the underlying asset, in this case, the ETF, goes down).

To put that number in perspective, Sears writes, “Few investors ever trade more than 500 contracts, so a 100,000 order tends [...]

It’s not a ‘haircut’ – it’s THEFT when governments loot your private bank accounts

Mike Adams
Natural News
March 19, 2013

This use of the term “haircut” to describe government theft of private banking accounts has got to stop. It’s not a haircut, it’s outright thievery. When a person breaks into your home with a gun and steals your jewelry or cash, do we call that a “haircut?” Of course not. It’s a criminal act, not a trip to the salon.

I’m referring to the government bank raids in [...]

George P. Bush Runs for Office in Texas

Wall Street Journal Roundup

George P. Bush is officially running for Texas land commissioner — ending months of speculation about which statewide office the grandson of one former president and nephew of another planned to seek.

An attorney from Fort Worth and Spanish-speaker whose mother, Columba Bush, is originally from Mexico, Mr. Bush is considered a rising star among conservative Hispanics.

http://blogs.wsj.com/washwire/2013/03/12/george-p-bush-runs-for-office-in-texas/

ATTEN: New bill HR 748, would require all persons 18-25 to perform a two year mandatory “national service.

H.R. 748 would require all persons in the US 18-25 to perform ‘national service’

These persons in the United States would either serve the country as a member of uniformed services or as civilian service. The civilian service could be served with a Federal, State, or local government program. 

There has been speculation regarding President Obama’s “citizen army”. In 2008, President Obama made statements regarding a “civilian national security force”. Since that [...]

China officially admits the existence of “Cancer Villages” for the first time.

AFP - China’s environment ministry has acknowledged the existence of “cancer villages”, several years after widespread speculation first began that polluted areas were seeing a higher incidence of the disease.

The use of the term in an official report, thought to be unprecedented, comes as authorities face growing discontent over industrial waste, hazardous smog and other environmental and health consequences after years of rapid development.

Read more:

http://www.france24.com/en/20130222-china-admits-pollution-linked-cancer-villages

H.R. 748 Require All Persons In The US 18-25 To Perform ‘National Service’

As of 02/21/2013 summary for H.R.748 – To require all persons in the United States between the ages of 18 and 25 to perform national service, either as a member of the uniformed services or as civilian service in a Federal, State, or local government program or with a community-based agency or community-based entity, to authorize the induction of persons in the uniformed services during wartime to meet end-strength requirements [...]

Russian Billionaire’s Mega-Yacht Makes Waves in NYC

On Wednesday, a private yacht sailed slowly and quietly up the Hudson River and docked near midtown Manhattan.

This wasn’t just any yacht, however. It was Eclipse — the largest private yacht in the world. And its presence is sure to touch off a frenzy of speculation about its owners and future.

(Read more: ‘My Other Yacht Is a Support Yacht’)

Seeing Eclipse docked off the midtown piers is the boating world equivalent of [...]

Shocking evidence suggests Obama manipulated economic data to win reelection

From Economic Policy Journal:

While much focus was put on the curious improvement in unemployment data in early October, which resulted in speculation that the BLS may have manipulated the data for the benefit of the President and his re-election campaign, perhaps more focus should have centered on an even more curious data point released on October 26, 2012, the Gross Domestic Product: Third Quarter 2012 (advance estimate).
The release read:

Real gross [...]

Analyst Warns Vietnamese Citizens To ‘Get Out Of Gold Before Its Too Late’

Viet Capital macro analyst Phong Nguyen has a stark warning for Vietnamese investors today: “We believe it’s time to get out of gold before it’s too late.”

The reason?

Vietnam’s domestic price of gold has been much higher than the international price of gold.  And Vietnamese authorities have been struggling to control gold speculation as the spread between domestic prices has widened (see chart).

Nguyen thinks the latest effort to close that gap could smash Vietnamese gold investors.

Read more: http://www.businessinsider.com/analyst-advises-vietnamese-to-dump-gold-2013-1#ixzz2JJeLwf24

The World According to Doug Casey

The World According to Doug Casey

Source: Karen Roche of The Gold Report (1/28/13)

Doug Casey’s new book is entitled “Totally Incorrect,” and, true to form, the chairman of Casey Research doesn’t mince words. “Most Europeans believe the state owes them a living; the society is corrupt through and through.” “Government acquires income by theft.” “Nobody reads a book from the classical era in school; it’s now mostly committee-approved pablum.” Casey considers [...]

All over the MSM: Dutch Queen to adress the nation in 1 hour

She never adress the nation on a random day. this WILL be big, the transition of power…

Possible stepping down( 33 years of reign)

ridicule me all you want, it’s coming

here’s a link to watch it online:

http://www.rtl.nl/service/cookieconsent/#returnto=…

The Dutch Royal House says Queen Beatrix will deliver a nationally televised speech this evening and speculation is growing that the popular monarch will announce she is to abdicate.

Prince Willem-Alexander will carry the crown afterwards

http://www.theglobeandmail.com/news/world/dutch-queen-beatrix-expected-to-abdicate-in-favour-of-son-reports/article7905174/

The Federal Reserve Shows Barack Obama Who The Real Boss Is

by Michael

Barack Obama has greatly expanded the powers of the presidency during his time in the White House, but there is one institution that he simply will not mess with.  There is one organization that is considered to be so sacred in Washington D.C. that Obama will not dare utter a single negative word against it.  That organization is the Federal Reserve.  Even though he has shown that he is unafraid [...]

China Mysteriously Quadruples Rice Imports, Continues to Stockpile Commodities

January 12, 2013 – CHINA – Yesterday, it was reported that China – not currently suffering from any food shortages – is amassing rice stockpiles. This past year, the country mysteriously imported four times the rice over 2011 purchases: United Nations agricultural experts are reporting confusion, after figures show that China imported 2.6 million tons of rice in 2012, substantially more than a four-fold increase over the 575,000 tons imported [...]

Yen Falls to Lowest Level Since 2010; Japan Promises 10.3 Trillion Yen Stimulus; BOJ to Adopt 2% Inflation Target; Where to From Here?

 

globaleconomicanalysis.blogspot.com / By Mike “Mish” Shedlock / Friday, January 11, 2013 12:18 PM

Bank of Japan to Adopt 2% Inflation Target

Bloomberg reports Yen Falls to Lowest Since 2010 on Stimulus

 The yen reached the weakest since June 2010 versus the dollar after Japanese Prime Minister Shinzo Abe’s government said it will spend 10.3 trillion yen ($116 billion) in new stimulus efforts that tend to weaken a currency.

The yen headed for a ninth weekly decline, the [...]

Prepare For Food Crisis, Riots & Civil Unrest By April 2013. Warning Of Huge Food Price Rise!!!

Recent increases ‘just the tip of the iceberg,’ managing director Mark Price
Poor weather leaves farmers facing another poor harvest
Food inflation could reach 6 per cent this year

 

Massive rises in food prices  will hammer family budgets this year, the boss of one of Britain’s biggest supermarkets warned yesterday.

Waitrose managing director Mark Price said recent increases in the price of bread and vegetables were ‘just the tip of the iceberg’, with prices [...]

REPORT: Obama expected to pick Chuck Hagel for Pentagon… ‘Tough confirmation’

President Barack Obama is expected to name Chuck Hagel as his choice for defense secretary as early as Monday, as critics of the former Nebraska senator prepare to go to war to fight his expected nomination.

White House officials and sources close to Hagel declined to confirm toThe Cable that Hagel is the president’s choice to be the replace Leon Panetta at the helm of the Pentagon, but several sources close to the process said have told The [...]

Hillary Clinton suffered injuries from a plane crash on secret mission to Iran in early Dec, navy seal Job Price died in crash!!

If this is true then why was she going to Iran and why is Obama lying about this ?

http://www.debka.com/article/22645/Hillary-Clinton-in-hospital-amid-speculation-of-plane-accident-in-Iran

The unexplained death of Commander Job Price, 42, SEALs commander in Afghanistan is tied by some of the speculation to that incident. At the time, the Pentagon reported that his sudden death on Dec. 22, in Uruzgan, Afghanistan, was under investigation. It is now suggested that Commander Price was head of the [...]

Egypt’s currency falls to a new low

CAIRO (AP) — The Egyptian pound fell to a record low against the dollar Sunday as the central bank stepped into the market to try to stabilize trading and stop an anxious public that has been buying up dollars for fear of an even bigger dive in the local currency, bankers said.

The pound slid more than 3 percent on the first trading day after the central bank introduced a new [...]

Chinese General Threatens “Third World War” To Protect Iran (Video)

According to NDTV, a Chinese news station based outside the country, in regard to recent speculation that Iran would be the target of a US-Israeli military assault, Major General Zhang Zhaozhong commented that, “China will not hesitate to protect Iran even with a third world war,” remarks described as “puzzling to some”.

Britain warns Israel there will be a ‘strong reaction’ if it presses ahead with settlement expansion plans

http://www.independent.co.uk/news/world/middle-east/foreign-office-summons-israel-envoy-over-settlement-expansion-plans-8375358.html

“The Foreign Office went on to again urge the Israelis to drop the settlement plan announced by prime minister Benjamin Netanyahu, saying: “We deplore the recent Israeli government decision to build 3,000 new housing units and unfreeze development in the E1 block. This threatens the viability of the two-state solution.”

Earlier, officials described Israeli press reports that Britain – together with France – was planning to recall its ambassador from Tel [...]

CRUZ ROCKS CONSERVATIVE CONFAB

Texas Sen.-elect Ted Cruz advised the Republican Party to rebrand itself under a banner of “Opportunity Conservatism” during a sweeping speech Thursday night that will only stoke speculation about a 2016 presidential run.

Speaking before the conservative American Principles Project dinner at a downtown Washington hotel, Cruz said the GOP’s thumping in the 2012 elections was more the result of poor messaging and communication than the wrong ideology.

“Why did we [...]

MSNBC Chris Matthews Has On Air Gas Attack

Chris Matthews’ detractors have for years alleged that he’s sometimes drunk when he does his program on MSNBC.

His gas attack on Friday’s Hardball will certainly add to this speculation, especially as it ended with the host actually saying, “Excuse me – I’m burping here” (video follows with commentary).

Read more: http://newsbusters.org/blogs/noel-sheppard/2012/11/30/chris-matthews-has-air-gas-attack-excuse-me-im-burping-here#ixzz2Dpc8kBZV