ON AIR NOW
Click to Play
News Link •
Global
Things are certainly speeding up, and it is my conclusion that we are not more than a year away from the next major financial and economic disruption.
News Link •
Global
Just when the country needs the most experienced and knowledgeable mortgage professionals to help liquidate the flood of foreclosed homes, the Fed is making it unprofitable for loan officers to accept these deals."
News Link •
Global
Keep an eye on excess reserves and the money supply, that's where the real action will be, not the QE3 card. That's just a Berenanke diversion
News Link •
Global
Gaithersburg, Maryland – Let me tell you the story of Timothy Bancroft. It’s a good one, and if you haven’t heard it, I think you’ll like it. Bancroft was a smart and shrewd investor. He dodged the Panic of 1857, which he said was due to “easy mon
News Link •
Global
Buenos Aires, Argentina – The feds got over the first hurdle. They cut a deal to keep the government in business a while longer. But that’s not the end of the story. It’s just the beginning. The New York Times has the story: Congressional Re
Feature Article •
Global
Even the most generous estimate of the spending cut passed this week -- $38.5 billion -- is a paltry 3.5% of the $1.05 trillion in spending through the next 5 months. This hardly makes a dent in our government's mountain of debt. Even worse
News Link •
Global
We're in a contest for the ugliest currency; I don't think people are heavily position in euros. Most people still have 70-80% of their money in USD. Huge overhang of U.S. dollars globally.
News Link •
Global
The debt, fraud and lack of financial regulation that catalyzed the near collapse of the worldwide financial system in 2008, 63 years after the end of the last Fourth Turning, have not been purged from the system.
News Link •
Global
Nietzsche argued that the ubermensch (generally translated as “Superman”) transcended the normal rules. The elites claim impunity from normal rules on the basis of their purported superiority and because they claim that they are so important...
News Link •
Global
The appropriate legal standard cannot be "well, most of the time the people who we kick out of their houses weren't paying." It has to be in each and every case we documented that the person who we kicked out of their house wasn't paying...
News Link •
Global
These are monetary events that have never before been seen, and indeed, never before imagined...The Fed's policies are certainly great for one class of society: the speculative classes.... We have socialized risk, we have privatized gains...
News Link •
Global
The great ship Quantitative Easing 3 was sunk by a rogue wave of it's own making. Great loss of life!
News Link •
Global
The Financial Elites/Oligarchy raked in billions in private profit from the orgy of leverage, credit expansion, fraud, embezzlement and misrepresentation of risk that resulted in the Housing Bubble.
News Link •
Global
This coming May 16, the U.S. Federal government debt ceiling will be breached; that is, the national credit card—currently topped at $14,294,000,000,000—will be maxed out.
News Link •
Global
We think QE3 will be both unavoidable and a grave policy mistake in the hard landing outcome.
News Link •
Global
The free money that distresses Tom Hoenig, as president of one of the Federal Reserve’s 12 regional banks, is being pumped into the economy by 2 policies of the Federal Reserve — very low interest rates and a second “quantitative easing” (printing mo
News Link •
Global
If the feds keep pushing enough money into the system long enough, the correction will take a grotesque, unusual and terrible new form – it will end in a hyperinflationary depression!
News Link •
Global
What is especially repugnant is the well financed campaign to go after the victims, the taxpayers and defrauded investors, and to force them to bear the brunt of the pain caused by that graft and corruption, by playing on the meanest and lowest...
News Link •
Global
Matt Taibbi has resurfaced with another stunner of Wall Street impropriety which will lead to merely more silence, even more unanswered questions and be quickly buried by the kleptocratic oligarchy.
News Link •
Global
The $64 trillion question now, as always, is whether China, whose holdings have been flat for a year will follow in Pimco's footsteps and actually commence selling longer-dated paper. If so, and with QE3 now expected...
News Link •
Global
Raise your hand if you knew that the United States has been extending billions of dollars in aid to Qaddafi and to the Central Bank of Libya, through a Libyan-owned subsidiary bank operating out of Bahrain.
News Link •
Global
The Fed's game plan--sink the U.S. dollar to goose corporate profits, reinflate asset prices and create "modest inflation"--is now the most dangerous game on Earth.
News Link •
Global
In March, Pimco's flagship Total Return Fund (TRF) has now taken an active short position in US government debt: -3% on a Market Value basis (or $7.1 billion), and a whopping -18% on a Duration Weighted Exposure basis.
News Link •
Global
It’s bizarre, but it reveals the real power structure in the US’s “democracy.” To anyone who focuses on the numbers, not the noise, it’s obvious that Congress is just a grand distraction from the folks who really decide things AKA the Fed/ Banks.
News Link •
Global
This year's dramatic rise in stocks coincides with a collapse in volume. If volume is the weapon of the Bull, and volume is declining, then what we have here is either:
News Link •
Global
Indeed, where there's oil, gas and minerals, there are lakes and rivers of blood. The current global financial system is the Samurai class of the industrial warrior society; an appendage of the mechanistic state that has honed its skills of...
News Link •
Global
In addition to the Federal Reserve, the politicians in Washington DC are spending money so quickly that the federal deficit for the first six months of this year has already eclipsed the first six months of last year by roughly 10% despite promises..
News Link •
Global
Somewhere, someone is furiously drafting the impeachment proceedings for Chairsatan Bernankebub and TurboTaxTinyTim.
News Link •
Global
"When a country's public debt exceeds 90% of GDP, that is the magic number. You get to 90%, there is no way back, and that is the number that the U.S. is going through pretty much as we speak.
News Link •
Global
In 10 months, the Dollar Index has lost 14% because the world keeps accumulating dollars it doesn’t want and sells them. Asian central banks are key.
