Jed Graham explains how Government Propped Up Personal Incomes In August. Government transfer payments accounted for 60% of the increase, and the government share of personal income crept further into record territory...
We are likely completing a weak Kitchin Cycle (inventory rebuilding) as a part of the simultaneously downwardly converging Kondratiev Cycle (Long-Wave), the Juglar Cycle (fixed investment), and the Kuznets Cycle (demographic swings).
The investors were invested in nothing. The MBS possessed nothing on the date the REMIC closed and perpetrated a fraud on the investors and the American taxpayer through its fraudulent qualification as a REMIC with the SEC...
"There are two kinds of Tea Partiers," said Benedict. "One kind is so blinded by its hatred of Obama and Democrats that it cannot see fault with Republicans..."
They're baaaaaack. Yep, like a rash of bed bugs you thought the exterminator had smoked out, the "troofers," those nutty guys and gals who believe 9/11 was an "inside job" by the Bush administration will be active once again come this ninth anniversa
Fiat money allowed the US to experience boom. Fiat money produced the tech bust, the equities bust and the housing bust. Fiat money is the vehicle that is created and sponsored by the world's central banks. Fiat money will prove to be a fraud.
In the meantime, the managers of US polity, Mr. Barack Obama and Company, look to continue scattering goat innards on the new carpet in the Oval Office in their desperate seeking for a miraculous return to the non-stop celebration that was...
The International Monetary Fund said on Thursday it sold 10 metric tonnes of gold to the central bank of Bangladesh on Sept 7, using Tuesday's market prices for the transaction. The IMF said the sale raised $403 million, adding that it was part of
I was warned, before raising the possibility of an Israeli connection to 9/11, that I was touching a live wire, that my career – such as it is – would be destroyed, and that I would be banished to the hinterlands...
If this skull is indeed the oldest remain on the continent, it would prove the "Solutrean Hypothesis," the theory that Europeans were the first humans to touch North America.
Academics and skeptics will attempt to discredit this particular theor
These old floating pieces of the lithosphere, called cratons, apparently stopped growing about 2 billion years ago as the Earth cooled, though within the last 500 million years, and perhaps for as long as 1 billion years, the modern era of plate tect
But scientists now think that instead of stone-age tribes, like the groups that occasionally emerge from the forest today, the Indians who inhabited the Amazon centuries ago numbered as many as 20 million, far more people than live here today.
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The anger of wannabe consumers who no longer feel they have the wherewithal to feed that most important of American passions is what is fueling the widespread rage against elected officials. The Democrats, being the party in power, are the most popul
An anti-Islamic preacher backed off and then threatened to reconsider burning the Quran on the anniversary of the 9/11 attacks, angrily accusing a Muslim leader of lying to him with a promise to move an Islamic center and mosque away from New York's
The following information is taken from a hearing of the Senate Armed Services Committee on February 25, 2010. Please read Blackwater Used More Than 30 Front Companies to Obtain Government Contracts. Thanks to Corey Pein of War Is Business for transc
In China, death from overwork is so common there's actually a name for it: Guolaosi. Overwork, or (Gualoisi) kills 600,000 Chinese workers a year according to the China daily. Well, why are so many Chinese laborers dying? Many experts believe the de
The small Florida church that has sparked global outrage with its plan to hold a Koran-burning event had its website pulled from the Internet by its host. Dove World Outreach Center church, "violated the Offensive Content section of its Acceptable U
Amidst criticism from state attorneys general and human rights groups, Craigslist removed its "adult services" section. Rather than wipe it, the company placed a black "censored" bar where the link to the adult-oriented section had once been.
A hunchback dinosaur of sorts once roamed what is now central Spain. The meat-eating beast sported a humplike structure low on its back, a feature never previously described in dinosaurs, and one that has scientists scratching their heads.
Health insurers say they plan to raise premiums for some Americans as a direct result of the health overhaul in coming weeks, complicating Democrats' efforts to trumpet their signature achievement before the midterm elections.
Aetna Inc. (NYSE: A
Americans informed them Thursday morning that four Iraqis being held by the U.S. had broken out of the prison, although it was not clear exactly when or how they escaped.
He said the men were linked to al Qaeda and facing the death penalty.
The sole Republican candidate for New York attorney general says he does not want to be the next "sheriff of Wall Street" and would give up the national prominence the job offers in favor of tackling political corruption in the capital.
US officials do not acknowledge the missile strikes but said privately they have killed several senior Taliban and al-Qaida militants and scores of foot soldiers in a region largely out of the control of the Pakistani state. Critics say innocents are
A volatile political environment is boosting the possibility that U.S. lawmakers will pass legislation designed to prod China into letting its currency rise more rapidly against the dollar.
"The chances are certainly on the rise, I think for two r
(Article w/ Video Link) A big-screen remake of 1930s superhero “The Green Hornet” is set for release in January of 2011, and the producers of the film are using the violent destruction of a “red light camera” as the ending action sequence (video) in
Wed Sept 8 1:20 p.m. CT--In the wake of a steady uptrend in gold prices from the July 28 low, Dec COMEX gold is flirting with its all-time high at $1270.60 an ounce, hit June 21.