Lew Rockwell: I Love the Debt Ceiling
• http://www.lewrockwell.comNever raise it, he tells RT. Oh, and by the way, dollar hegemony is over.
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Economy - Economics USA
Stand Up Americans
• Prison PlanetIn less than 2 days, if the Treasury secretary can be believed, the Treasury will not have enough money to pay all its bills and will have to prioritize.
Debt Ceiling: How Much Is $16.699 Trillion?
• LiveScienceTomorrow, Oct. 17, the Treasury Dept will run out of money and will no longer have the ability to borrow the funds needed to pay government's bills. The federal debt ceiling of $16.699 trillion was actually reached on May 19, but
As Default Becomes Possible
• arcleinEconomists see greater financial danger from an historical default. Christine Lagarde, the International Monetary Fund’s managing director, spoke fearfully about the disruption and uncertainty, warning on Sunday of a “risk of tipping, yet again, into
Nobel Committee awards 3 Am. Keynesian Economists...
• http://www.dailypaul.com, by AnCapMercenaryNobel Committee awards 3 Am. Keynesian Economists, 1 for 'predicting' the Housing Bubble...in 2005, when Ron Paul did in 2001!
Fitch puts U.S. on notice for possible credit downgrade
• Washington PostFitch Ratings announced it was accelerating its timetable for a potential US credit rating downgrade, citing brinksmanship in Washington. Fitch would become the second credit rating firm to downgrade US government debt, which could
Guest Post: Are We Approaching Peak Retirement?
• zerohedge.comIf stocks, bonds and real estate all decline going forward, where are pension funds going to earn their 7+% annual yields?
22 Reasons To Be Concerned About The U.S. Economy As We Head Into The Holiday Season
• theeconomiccollapseblog.comAre we on the verge of another major economic downturn?
Why You Can’t Sell Me a Car
• popsci.comA millennial’s message to automakers
Marc Faber Warns "There Is No Safe Haven"
• zerohedge.comThere is no safe haven, Marc Faber tells Bloomberg TV's Tom Keene, "The best you can hope for is that you have a diversified portfolio of different assets and that they don't all collapse at the same time."
Gold, The Debt Ceiling, And The Fed
• http://www.zerohedge.com, by Alasdair MacleodWe are now into a second week of a partial Federal Government shut-down, which is causing considerable concern, centred on the Government’s ability to finance its debt and pay interest without a budget agreed for the new fiscal year.
Is The Equity Market's Day Of Reckoning Beckoning?
• http://www.zerohedge.com, by Tyler DurdenWe now appear to be close to the day of reckoning that likely determines what the coming weeks/months hold.
Two Tension Points To Watch In T-Bills
• http://www.zerohedge.com, by Tyler DurdenNormally Treasury Bills are not something discussed around the dinner table or hotly debated on the business news channels.
America Fumes After Xerox "Routine Backup Test" Leave 17 States Without Foodstamps
• http://www.zerohedge.com, by Tyler Durden...after a power outage at Xerox Corp, made EBT usage in 17 states for most of Saturday impossible, and left tens of millions of poverty-level Americans unable to engage in one of their favorite pastimes: shop with other people's money.
WORLD BANK: The US Is 'Days Away From A Very Dangerous Moment' On The Debt Ceiling
• Anna Yukhananov and Lidia KellyThe president of the World Bank on Saturday warned the United States was just "days away" from causing a global economic disaster unless politicians come up with a plan to raise the nation's debt limit and avoid default.
72 Hour Warning: Grocery Stores Across the Country Turn Away Hungry Shoppers as EBT
• http://www.theorganicprepper.ca, by: Daisy LutherAbandoned carts full of food were a frequent sight in grocery stores Saturday morning, as the EBT food assistance debit system stopped working without warning.
Dr. Ron Paul Warns of Martial Law and Economic Collapse
• Daily Paul.comAlex is joined via phone by former Congressman Dr. Ron Paul to discuss the current state of affairs in the US Government, the problems inherent in the Government shutdown and the issues with Obamacare.
OMG! The Shutdown is Ruining the Craft Beer Industry!
• Lew Rockwell blogI joked at the beginning of the shutdown charade that the only way average America would get upset about the government shutdown was if it took away beer or trash television. OK, I was being cynical. But it so happens…it so happened!
Reaction to the Appointment of Janet Yellen
• http://www.lewrockwell.com, By Peter SchiffNow that Janet Yellen has been named to lead the Federal Reserve the global financial markets should factor out any possibility that the Fed will diminish their Quantitative easing program anytime during her tenure.
Nanny’s Big Fat Revenge
• http://www.lewrockwell.com, By Karen Kwiatkowski17% of the government is going to getting a late paycheck, in a political drama channeling rage against seized-up tax and seize Obummercare, and longstanding business and investor uneasiness about what may come of unstoppable over-stocking at the D.C
A Shining Gift From The ESF
• http://www.lewrockwell.com, By Richard DaughtyAt first, you know, I was predictably grumpy, visibly upset by the ugly news that the lawsuit against the Commodities Futures Trading Corporation, et al, for rigging and manipulating the silver market, was thrown out. The reason?
The Biggest Banking Disconnect Since Lehman Hits A New Record
• zerohedge.comAs regular readers know, the biggest (and most important) disconnect in the US banking system is the divergence between commercial bank loans,...
Power Mad Obama Offers Two Choices: Unconditional Surrender Or Default
• theeconomiccollapseblog.comBarack Obama is warning that if he does not get everything that he wants that he will force the U.S. government into a devastating debt default which will cripple the entire global economy.
You do NOT have to comply with Obamascam! SCOTUS Decision: media blackout!
• http://godlikedproductions.comYou do NOT have to comply with obamascam! 2 near the bottom! Page 2 NATIONAL FEDERATION OF INDEPENDENT BUSINESS v. SEBELIUS Syllabus-------Held: The judgment is affirmed in part and reversed in part. 2. Chief justice Roberts concluded in part III
Taliban Mocks Shutdown: Lawmakers ‘Sucking The Blood Of Their Own People’
• CBS News“The American people should realize that their politicians play with their destinies as well as the destinies of other oppressed nations for the sake of their personal vested interests,” the Taliban said in a statement.
It's Not a "Default"
• by Wendy McElroyAs the FedGov continues to make the interest payments on the debt (and continues to roll over debt as it matures), the US is not in default.* I'm seeing the "default" meme being pushed hard by those who have a vested interest, namely,
Want to Pay Less For Insurance?
• Lewrockwell.comIncreasingly worthless Federal Funny Money – and increasingly hard-to-find decent-paying jobs – have put an economic choke-hold on millions of Americans, compelling them to cut back on everything that’s not absolutely essential.
Bad Credit? No Obamacare for You (VIDEO)
• dailypaul.comMany people signing up for health care in Florida through the Affordable Care Act have been shocked when they have to give proof of their credit score before they finish the process.
Mortgage Bondholders Chime in for J.P. Morgan Settlement Talks
• http://blogs.wsj.com/moneybeat/2013/10/08/mortgage“These are not unforeseen consequences, but rather an obvious scheme by Too-Big-To-Fail (TBTF) banks to evade the consequences for their misconduct by further abusing their duties to investors,” AMI wrote. “This affects our clients, and in turn, the
12 Very Ominous Warnings About What A U.S. Debt Default Would Mean...
• By Michael Snyder12 Very Ominous Warnings About What A U.S. Debt Default Would Mean For The Global Economy
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