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Lies the Government Is Telling You—The Freedom Of Information Act Is A Fraud
Lies the Government Is Telling You—The Freedom Of Information Act Is A Fraud Last week, Republicans and Democrats in Congress joined President Barack Obama in congratulating themselves for taming the National Security Agency’s voracious appetite for spying. By permitting one section of the Patriot Act to expire and by replacing it with the USA Freedom […]
A Generational Storm Is Coming
A Generational Storm Is Coming Dear Diary, Yesterday, we began our high-minded graduation speech to the Class of 2015. We explained how the young graduates were not only the most heavily indebted in history, but also the least likely to be able to pay their debts. Median wages have been going down since these graduates were about […]
Money Worries
Money Worries The cynicism among the informed classes has never been so deep. Even the pompom boys in the cheerleading clubs like CNBC and The Wall Street Journal express wonderment at the levitation of stock indexes and bond values. They chatter about a “correction” of 20 percent being a healthful tonic that would clear away some […]
None Dare Call It Fraud—–Its Just A “Savings Glut”
None Dare Call It Fraud—–Its Just A “Savings Glut” They were jawing again this morning about the low “natural rate” of interest on bubble vision, implying that the workers of the world have succumbed to an atavistic fit of wild-eyed thrift. Gosh, the world is so inundated in a savings glut, averred Wall Street economist Ed McKeon, that the interest rate would […]
QE Inventor: It’s EASY to Create a Full-Blown Recovery, But Central Banks Chose to Make Banksters Rich Instead of Helping Main Street
QE Inventor: It’s EASY to Create a Full-Blown Recovery, But Central Banks Chose to Make Banksters Rich Instead of Helping Main Street QE Is a Sham Richard Werner (economics professor at University of Southampton) is the inventor of quantitative easing (QE). Werner previously said that QE has failed to help the economy. (Former long-time Fed chair Alan Greenspan agrees. Numerous academic studies confirm […]
BREAKING BAD (DEBT) – EPISODE THREE
BREAKING BAD (DEBT) – EPISODE THREE In Part One of this three part article I laid out the groundwork of how the Federal Reserve is responsible for the excessive level of debt in our society and how it has warped the thinking of the American people, while creating a tremendous level of mal-investment. In Part Two I focused on […]
Gold Futures Market Used For Fraud
Gold Futures Market Used For Fraud The Comex is a complete fraud. It’s one of the biggest Ponzi schemes in history. With China and Viet Nam (the latter being a major gold importing country) now closed until next Wednesday in observance of their Lunar New Year, the bullion banks have engaged in a major attempt […]
The Media Is “Run By A Tiny Group Of Politically Motivated Moguls”, And “Controlled By The CIA”
The Media Is “Run By A Tiny Group Of Politically Motivated Moguls”, And “Controlled By The CIA” While the US media is delighted to entertain the population with the latest diversionary “scandal” about what Rudy Giuliani may or may not have said about the president, to be replaced with another tabloid scandal in the next […]
Official Suspected of Biggest Financial Fraud in China’s History Investigated
Official Suspected of Biggest Financial Fraud in China’s History Investigated The high-living nephew of a former Chinese communist leader is said to be in the crosshairs of the Party’s anti-corruption investigators, according to a number of reports in the Hong Kong press recently. Hong Kong press reports are not always reliable, but often enough include […]
HSBC bank ‘helped clients dodge millions in tax’
HSBC bank ‘helped clients dodge millions in tax’ Banking giant HSBC helped wealthy clients across the world evade billions of pounds worth of tax, the BBC has learned. Panorama has seen accounts from 100,000 clients in more than 200 countries, leaked by a whistleblower in 2007. The documents include details of almost 7,000 clients based […]
Greece: Are You Finally Ready to Do the Right Thing and Leave the Euro?
Greece: Are You Finally Ready to Do the Right Thing and Leave the Euro? The era of living off borrowed money is over in Greece, and the Greek people now have a choice. Almost four years ago I wrote Greece, Please Do The Right Thing: Default Now(June 1, 2011). Default remains the only real way forward […]
The Next Round of the Crisis Will Reveal that the Entire System is Based on Fraud | Zero Hedge
The Next Round of the Crisis Will Reveal that the Entire System is Based on Fraud | Zero Hedge. The biggest problem with the financial markets today is the fraud. Fraud is endemic in the financial system today. We know that the currency, stock, bond, and even commodity markets have ALL been manipulated by Investment Banks […]
BEIJING WE’VE GOT A PROBLEM « The Burning Platform
BEIJING WE’VE GOT A PROBLEM « The Burning Platform. The Chinese stock market hit a four year high today at 3,020. This is up 53% since the middle of 2013 low and up 48% in the last six months. I guess this must mean the Chinese economy is operating on all cylinders. If you think […]
$178 Billion In Government Kickbacks: Meet The World’s Biggest Organized Crime Syndicate | Zero Hedge
$178 Billion In Government Kickbacks: Meet The World’s Biggest Organized Crime Syndicate | Zero Hedge. Once upon a time it was the Sicilian, or Russian, or Japanese, or Chinese mob that were some of the biggest sources of funding for corrupt government officials (incidentally, most of them). After all, the government is smart enough to […]
Housing Fraud is Back – Real Estate Industry Intentionally Inflating Home Appraisals | Liberty Blitzkrieg
Housing Fraud is Back – Real Estate Industry Intentionally Inflating Home Appraisals | Liberty Blitzkrieg. Almost 40% of appraisers surveyed from Sept. 15 through Nov. 7 reported experiencing pressure to inflate values, according to Allterra Group LLC, a for-profit appraiser-advocacy firm based in Salisbury, Md. That figure was 37% in the survey for the previous […]
