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Host:
Ernest Hancock
John Gibler - Immigration: "U.S. Drug Demand Destabilizes Mexico" - Author: "To Die In Mexico: Dispatches from Inside the Drug War" / Mish Shedlock - China & U.S. Debt - World Economy
US policymakers have opted to seize funds from the retirement accounts of public sector workers in order to keep the government running. Three guesses what they're funding:
Today the U.S. government officially borrowed beyond its $14.29 trillion statutory debt limit. And even though the Obama administration has assured us that accounting gimmickry will allow the government to borrow for another few months....
Host:
Ernest Hancock
John Gibler - Immigration: "U.S. Drug Demand Destabilizes Mexico" - Author: "To Die In Mexico: Dispatches from Inside the Drug War" / Mish Shedlock - China & U.S. Debt - World Economy
Democratic leaders in the Senate have sent a letter to the Federal Trade Commission requesting a probe into gas price fixing.
The fast-food restaurant, known for its golden arches, Big Mac burgers and Happy Meals, will replace cashiers with touch-screen terminals and swipe cards at its 7,000 chain restaurants in Europe, according to the Financial Times.
Next on the agenda will be private Retirement Plans like IRAs or 401Ks, State Retirement Plans and Annuities. The manipulation of silver prices is designed to keep the public in these other vehicles long enough to wipe them out.
In a nutshell, here's the reality: the entire "prosperity" of the past decade was a false prosperity, constructed entirely of money borrowed by the private sector based on the rising value of McMansions and strip-malls that made no sense...
The Daily Bell is pleased to present an exclusive interview with David Morgan whom is a widely recognized analyst in the precious metals industry and consults for hedge funds, high net worth investors, mining companies, depositories and bullion deale
The Predator State Attacks Google - For Big Pharma. Article by Lew Rockwell. / Armed Strangers Broke into My House and Killed My Dad - Did he deserve it because they were cops? Article by Will Grigg. / Planet Depreciated - Karen De Coster on fitnes
Talks in Greek Crisis at Key Juncture ... The arrest of the head of the International Monetary Fund in New York on Saturday comes at an especially sensitive time for its most high-profile project: saving Greece from default ...
Japan increased its holding of U.S. Treasury securities in March, the same month it was hit by a devastating earthquake. The Treasury Department says Japan, the second-largest foreign holder, boosted its holdings by $17.6 billion to $907.9 billion
Red alert! Over 40 billion dollars of America's national wealth is being shipped out of the country every single month. Our economy is being gutted and we are bleeding wealth and we are bleeding jobs. This is a distress call. Is anyone listening?
The just released Empire Manufacturing index has plunged nearly by half from 21.7 to 11.9 in May. The general business conditions index fell ten points to 11.9.
Treasury Secretary Timothy Geithner told Congress he would start tapping into federal pension funds on Monday to free up borrowing capacity as the nation hits the $14.294 trillion legal limit on its debt. The Treasury will issue $72 billion in bon
It surpasses the old index high of 21.98, which occurred in June 1980, when Jimmy Carter was president. Most believe the height of the Index along with the Iranian hostage crisis is what caused Carter to lose his re-election bid.
Crispin Odey, a London-based hedge fund manager, warned that the standard of living in the developed world will come down sharply in the future.
How the US Empire Will Die - Richard Maybury on the breakup of the geopolitical matrix. / Socialist Defense Is a Disaster - We need the free market, says Michael Rozeff. / The Blowhards of War - Justin Raimondo on the neocon campaign to invade Pakist
Schiff in this exclusive Russia Today interview calls for the US political leaders to be honest with the American public about the gravity of the US financial system's failures and not to focus solely on getting re-elected.
There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency.
Another feather in Matt Taibbi's cap. His new article on Goldman has caused the firm to get a downgrade.
This article appears in the May 26, 2011 issue of Rolling Stone. The issue is available now on newsstands and will appear in the online archive May 13.
By Matt Taibbi - April 5, 2010 3:58 PM ET - From tech stocks to high gas prices, Goldman Sachs has engineered every major market manipulation since the Great Depression -- and they're about to do it again
Host:
Ernest Hancock
Ernest gives us an update on the Freedom's Phoenix Magazine
Foreclosure filings in the U.S. fell 34 percent last month from a year earlier as lenders already swamped with seized homes delayed action on thousands of additional delinquent mortgages, RealtyTrac Inc. said.
Federal Reserve Chairman Ben S. Bernanke cautioned lawmakers against using the federal debt limit as a “bargaining chip” during budget talks, saying such moves could provoke market instability and harm the economy.
Host:
Ernest Hancock
Ernest gives us an update on the Freedom's Phoenix Magazine
'We're #1' and Democracy Myths - Yet Caesarism rules America. Article by Paul Craig Roberts. / Secession - Ron Holland's answer to the sovereign debt crisis. / Turning the Tables - Peter Schiff interviews Lew Rockwell on where we're headed economic
Interviewed by Louis James, Editor, International Speculator
When you tell them: 1. That no county in the history of the world has been able to maintain a fiat currency for a prolonged period of time. A. That the U.S. dollar has lost over 95% of its purchasing power since W
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