With an August deadline looming, the House overwhelmingly refused Tuesday to raise the legal limit on government borrowing, setting the stage for a long, sweaty summer of haggling over the shape of the largest debt-reduction package in at least two d
I have warned that US corporations, pressed by Wall Street and large retailers such as Wal-Mart, to move offshore their production for US consumer markets, were simultaneously moving offshore US GDP, US tax base, US consumer income, and...
The Group of Eight summit exposed not only the financial weakness of the old industrial powers when faced with the challenge of the Arab Spring but also the crisis in its Middle East.
Just about every day now, a ‘crisis’ unfolds somewhere in the world as if carefully adapted from the pages of Atlas Shrugged.
Our descendents will surely look back on this time and wonder how we could have been so foolish– to let these people rob our freedoms; destroy our economies; kill foreigners on their home soil; and shower themselves with Peace Prize medals…
Anyone aware of the US Government's real financial situation knows that time is running out. The Government has $15.5 trillion in admitted debts but those debts, when calculated under Generally Accepted Accounting Principles.
Corporate friendly deregulation
"I see a lot of people not having the typical 8-to-5 job, or couples where one person is employed and one isn't. There's other priorities before marriage," Leung said.
"The control of information is something the elite always does, particularly in a despotic form of government. Information, knowledge, is power. If you can control information, you can control people." Tom Clancy
In this Business News Network interview, Yves Smith discusses Foreclosure-Gate, the death of the housing ATM, and the length of the housing market recovery.
From Charles Goyette, the New York Times Bestselling Author of "The Dollar Meltdown!" A new book on "Restoring American Prosperity!"
In 43 BC, warring consuls Antony, Lepidus, and Octavian were duking it out with each other over control of Rome following Julius Caesar's assassination the prior March. Each had legions at his disposal, and Rome's terrified Senate sat on its hands wa
Bill Buppert in studio for 2 hours - Blog: www.ZeroGov.com - Anti-Government - Pro-Liberty - Plus another special in-studio guest Gregg T. A long time friend and long ago Voluntarist from the mid 90's that now farms off grid with his family in Missou
As expected, the economic "benefits" arising from those who don't pay their mortgage are starting to have an increasingly lesser impact. This is very bad news for the economy, as sooner or later those living rent and mortgage free will have to...
The fact that $2,000 is enough to bankrupt half of American households tells you about the new state of our economic recovery.
Sometimes controversial trends analyzer Gerald Celente is forecasting that a return to the gold standard will not be enough to save the US economy from collapsing. Celente is the publisher of Trends Journal and a consultant and adviser to many of Ame
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
“No fewer than 44 states are bleeding serious red ink, while unprecedented costs of social programs, unemployment claims and natural disasters are draining their remaining coffers along with the reserves of the insurance companies."
Towards a National Socialist America - Lew Rockwell on the Patriot Act. / Abolish the Police - Our liberty and safety demand it. Article by Anthony Gregory. / Ron Paul Can Win - Walter Block lays it out.
Headline: 424,000 Expectations: 404,000
Only the sociopaths can look into the face of chaos and sleep well at night. The rest of us need some help to face the gathering storm. In the movie Tyler explains that Fight Club is all about changing boys into men….or rather boys into...
The American Dream is a 30 minute animated film by Tad Lumpkin & Harold Uhl that shows you how you’ve been scammed by the most basic elements of our government system.
Most states and municipalities begin new fiscal years on July 1.
At this point there is no need to even highlight the stagflationary crunch the US economy has entered, although the just released Durable Goods number seals the deal: -3.6% on expectations of -2.5%, an 8% revised swing M/M!
Former Federal Reserve Chairman Alan Greenspan once doubted his own existence. A friend had to convince Greenspan that he actually existed prior to a meeting with Ayn Rand in the 1950s.
Retail sales cooled in May, as shopper traffic fell sharply. The revenues index slashed twenty-one points from last month’s reading, ending the survey period at 3. The index for shopper traffic plummeted from 34 to -29 in May.
Please take a look at this link of a 360 degree photo tour of several spots in or around Detroit, including the abandoned Michigan Central Train station.
Overall in the poll, 71 percent said rising prices will cause some hardship for them and their family, including 41 percent who called it a "serious" hardship. Just 29 percent said rising prices are not causing a negative impact on their finances.
Not only is Obama's newly formed Financial Fraud Enforcement Task Force an exercise in futility but this article shows that the claim that markets (in this case oil) are being manipulated is a myth.