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"Analysis: The Final State of the Presidential Race"

He’ll, You Pieces of Garbage

The Future of Warfare -- No more martyrdom!

"Kamala’s Inane Talking Points"

"The Harris Campaign Is Testament to the Toxicity of Woke Politics"

Easy Drywall Patch

Israel Preparing NEW Iran Strike? Iran Vows “Unimaginable” Response | Watchman Newscast

In Logansport, Indiana, Kids are Being Pushed Out of Schools After Migrants Swelled County’s Population by 30%: "Everybody else is falling behind"

Exclusive — Bernie Moreno: We Spend $110,000 Per Illegal Migrant Per Year, More than Twice What ‘the Average American Makes’

Florida County: 41 of 45 People Arrested for Looting after Hurricanes Helene and Milton are Noncitizens

Presidential race: Is a Split Ticket the only Answer?

hurricanes and heat waves are Worse

'Backbone of Iran's missile industry' destroyed by IAF strikes on Islamic Republic

Joe Rogan Experience #2219 - Donald Trump

IDF raids Hezbollah Radwan Forces underground bases, discovers massive cache of weapons

Gallant: ‘After we strike in Iran,’ the world will understand all of our training

The Atlantic Hit Piece On Trump Is A Psy-Op To Justify Post-Election Violence If Harris Loses

Six Al Jazeera journalists are Hamas, PIJ terrorists

Judge Aileen Cannon, who tossed Trump's classified docs case, on list of proposed candidates for attorney general

Iran's Assassination Program in Europe: Europe Goes Back to Sleep

Susan Olsen says Brady Bunch revival was cancelled because she’s MAGA.

Foreign Invaders crisis cost $150B in 2023, forcing some areas to cut police and fire services: report

Israel kills head of Hezbollah Intelligence.

Tenn. AG reveals ICE released thousands of ‘murderers and rapists’ from detention centers into US streets

Kamala Harris Touts Mass Amnesty Offering Fast-Tracked Citizenship to Nearly Every Illegal Alien in U.S.

Migration Crisis Fueled Rise in Tuberculosis Cases Study Finds

"They’re Going to Try to Kill Trump Again"

"Dems' Attempts at Power Grab Losing Their Grip"

"Restoring a ‘Great Moderation’ in Fiscal Policy"

"As attacks intensify, Trump becomes more popular"

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Kamala Harris, reparations, and guaranteed income

Did Mudboy Slim finally kill this place?

"Why Young Americans Are Not Taught about Evil"

"New Rules For Radicals — How To Reinvent Kamala Harris"

"Harris’ problem: She’s a complete phony"

Hurricane Beryl strikes Bay City (TX)

Who Is ‘Destroying Democracy In Darkness?’

‘Kamalanomics’ is just ‘Bidenomics’ but dumber

Even The Washington Post Says Kamala's 'Price Control' Plan is 'Communist'

Arthur Ray Hines, "Sneakypete", has passed away.

No righT ... for me To hear --- whaT you say !

"Walz’s Fellow Guardsmen Set the Record Straight on Veep Candidate’s Military Career: ‘He Bailed Out’ "

"Kamala Harris Selects Progressive Minnesota Governor Tim Walz as Running Mate"

"The Teleprompter Campaign"

Good Riddance to Ismail Haniyeh

"Pagans in Paris"

"Liberal groupthink makes American life creepy and could cost Democrats the election".


Latest Articles: Economy

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The Worst Economic Numbers In More Than A Year
Post Date: 2012-11-16 10:30:39 by Hondo68
0 Comments
With everything else that is going on in the world, a lot of people have failed to notice that we are seeing some of the worst economic numbers that we have seen in more than a year. For example, it was announced on Thursday that initial claims for unemployment benefits have hit their highest level in a year and a half. Hopefully this is just a temporary blip in the data, because initial unemployment claims tend to have a very strong correlation with the overall performance of the economy. We also continue to see poverty statistics rise. According to government statistics released earlier this month, the number of Americans living in poverty and the number of Americans on food stamps are ...

Will The Wealthy Race To Dump Stocks And Other Financial Assets Before The Fiscal Cliff Kicks In?
Post Date: 2012-11-14 11:22:07 by Hondo68
2 Comments
The election results made it abundantly clear that taxes are going to be going up, and right now a lot of wealthy people all over America are trying to figure out how to best position themselves for the hit that is coming. There are a whole host of tax cuts that are set to expire on December 31st, and many analysts are now speculating that we could see a race to dump stocks and other financial assets before 2013 in order to get better tax treatment on those sales. Of course it is still possible that Congress may reach a bargain which would avoid these tax increases, but with each passing day that appears to be increasingly unlikely - especially regarding the tax increases on the wealthy. ...

Obama Re-election Prompts Largest Stock Market Drop in a Year (Marxist Kenyaphobia)
Post Date: 2012-11-07 14:36:28 by Hondo68
0 Comments
Stock markets responded to Obama’s re-election by plunging today. The Dow tumbled below 13,000 as the S&P broke 1,400, beating this year’s drop on June 1. All S&P sectors are now mired in the red with financials and energy leading the charge. “The last time the market plunged as much: literally one year ago, or November 9, 2011. Sadly, it appears that one can’t have their Dow Jones Industrial Average and redistribute it too,” notes Zero Hedge. Wall Street had placed its bet on Romney and the Republicans because they promised to retain tax cuts and impose spending cuts. Republicans, of course, are not really interested in spending cuts, as Romney’s ...

ADP "Cancels" 365,000 Private Jobs Created In 2012 [Economic Collapse Continues]
Post Date: 2012-10-31 14:59:47 by Capitalist Eric
0 Comments
Frequent readers know that in addition of any "data" and "numbers" out of Larry Yun's National Association of Realtors, which we openly boycott as these are consistently manipulated (recall the massive historical December 2011 revision), slanted and conflicted, the second dataset which we have mocked with a passion is anything coming out of the ADP, which every month releases its "Private Jobs" number a day before the official BLS Non-farm Payroll data. Today, our mockeries have been proven 100% spot on. The reason? A week ago, ADP announced that going forward it would coordinate with Moody's (yes, that Moody's), and especially its chief economist, ...

The Virtual Recovery [And the Reality of the Continuing Economic Collapse]
Post Date: 2012-10-30 02:01:40 by Capitalist Eric
15 Comments
Since mid-2009 the US has been enjoying a virtual recovery courtesy of a rigged inflation measure that understates inflation. The financial Presstitutes spoon out the government’s propaganda that prices are rising less than 2%. But anyone who purchases food, fuel, medical care or anything else knows that low inflation is no more real that Saddam Hussein’s weapons of mass destruction or Gadhafi’s alleged attacks on Libyan protesters or Iran’s nuclear weapons. Everything is a lie to serve the power-brokers. During the Clinton administration, Republican economists pushed through a change in the way the CPI is measured in order to save money by depriving Social Security ...

Counterfeit Economies Facing Waves of Insolvency, Bonds the Ultimate Malinvestment [The Downward Spiral Continues]
Post Date: 2012-10-26 17:38:30 by Capitalist Eric
4 Comments
The Mayan calendar points to the end of the world coming in December. It may not end on that date but major disruptions can be anticipated. CENTRAL banks have fully uncorked the printing presses to meet the waves of insolvency set to STRIKE the banksters, public servants and the elites. Transferring your wealth to themselves and their something for nothing societies to PAY for their moral and fiscal insolvencies. There is an incredible number potential crisis in the short term (3 to 6 months); any one could spark a major financial, economic and political crisis by themselves. Taken together they practically GUARANTEE it. Fat tails and black swans loom. They really are only black swans and ...

Obama And Romney Both Favor A One World Economic System That Kills American Jobs
Post Date: 2012-10-22 10:55:02 by Hondo68
0 Comments
Either way this election turns out, American jobs are going to continue to get slaughtered by the millions. During this campaign, Mitt Romney and Barack Obama have both attempted to portray each other as the "outsourcer in chief". Unfortunately, they are both right. Barack Obama and Mitt Romney have both participated in the outsourcing of American jobs, and both are openly admitting to the American people that they favor the emerging one world economic system which will continue to destroy millions of American jobs. In fact, they argue with each other about which of them will be more aggressive in pursuing more "free trade" agreements over the next four years. ...

BLS Keeping Up Statistical Appearances
Post Date: 2012-10-15 13:42:51 by Capitalist Eric
0 Comments
Last week, supporters of the current administration rejoiced over job numbers released by the Bureau of Labor and Statistics (BLS). For the first time since the administration came to power, the official unemployment number fell below 8%. Keynesian cheerleaders all claimed the numbers meant we are surely on the road to economic recovery, just in time for Christmas, and also, the election. Others saw through this ruse. The situation on the ground looks nothing like a recovery. 23 million people are still out of work or chronically underemployed. This number is expected to rise dramatically next year. The situation in Washington should not give anyone cause for optimism. Politicians refuse ...

NFIB - Small Businesses Don't Agree With BLS [Ongoing Financial Collapse]
Post Date: 2012-10-09 19:24:52 by Capitalist Eric
0 Comments
Since the release of the most recent BLS Employment Situation Report, which showed an astounding drop in the unemployment rate, I have spent a good bit of time dissecting the release and discussing why the real unemployment rate is really between 17% and 22% depending on how you calculate it. (See Here and Here) However, today's release of the September NFIB Small Business Survey shows the extent to which the current BLS employment calculation method may have detached from reality. From the NFIB report: "September was another month of low expectations and pessimism for the small-business community, with the NFIB Small Business Optimism Index losing 0.1 points and falling to 92.8. ...

Mexican Diplomat Says America Pretty Much Invited The Sinaloa Drug Cartel Across The Border (+D&R flow charts)
Post Date: 2012-10-02 18:19:56 by Hondo68
1 Comments
STRATFOR: The U.S. Works With Cartels Leaked emails from the private U.S. security firm Stratfor cite a Mexican diplomat who says the U.S. government works with Mexican cartels to traffic drugs into the United States and has sided with the Sinaloa cartel in an attempt to limit the violence in Mexico. Many people have doubted the quality of Stratfor's intelligence, but the information from MX1—a Mexican foreign service officer who doubled as a confidential source for Stratfor—seems to corroborate recent claims about U.S. involvement in the drug war in Mexico. Most notably, the reports from MX1 line up with assertions by a Sinaloa cartel insider that cartel boss Joaquin Guzman ...

US Bank Run Imminent as FDIC Expanded Deposit Insurance Ends Dec 31st
Post Date: 2012-09-28 16:20:48 by Capitalist Eric
3 Comments
As of January 2013 the FDIC stops offering 100% coverage for all insured deposits. That amounts to $1.6 trillion in deposits, 85-90% deposited with the TBTF mega banks. Once the insurance ramps back to $250,000 the FDIC risk amelioration offered to large depositors will cause them to flee from the insecurity of the much reduced FDIC coverage. This money will rotate immediately into short term Treasury securities. The treasury, in order to handle this flood of money, will immediately offer negative interest rates. This financing will resemble the .5% negative interest rate offered by the Swiss and Germans on the funds flooding to their banks from Spain, Greece and Italy. This will be a ...

Death Knells For The US Dollar, Gold Price Ready To Explode Upward
Post Date: 2012-09-27 19:41:35 by Capitalist Eric
18 Comments
The recent decision by the US Federal Reserve to contaminate the financial body until it responds favorably was the last straw in my book. Witness a declaration of permanent QE and hyper monetary inflation of the most virulent strain, unsterilized. The USFed is essentially admitting failure. The signal serves as the loudest death knell for the USDollar among many in a sequence. On a similar parallel note, lighter and more humorous, one might be reminded of the pirate swash buckling style of yelling at the swabbies that the beatings will continue until morale improves. The QE bond monetization of USGovt debt has turned viral and entrenched. It is sold as stimulus, when in fact it acts like a ...

Is the US Government Now Borrowing Entirely from Itself? [The Downward Spiral Continues]
Post Date: 2012-09-27 12:28:07 by Capitalist Eric
0 Comments
Most people would puzzle over this question. How can anyone borrow from himself or herself? That’s logically impossible for any of us to do. The federal government, however, operates by different rules. The US government can borrow from itself because the Federal Reserve, a branch of the government, simply prints new money and then buys the government’s bonds with the new money. If private individuals did this, it would be called counterfeiting, but governments get away with it. The government has borrowed from itself ever since the Crash of 2008. By now the Fed, that is, the government, owns more US debt than anyone else, even more than Japan or China. And this excludes ...

ARE YOU SEEING WHAT I’M SEEING? [Financial Collapse Continues]
Post Date: 2012-09-17 18:02:58 by Capitalist Eric
22 Comments
Is it just me, or are the signs of consumer collapse as clear as a Lowes parking lot on a Saturday afternoon? Sometimes I wonder if I’m just seeing the world through my pessimistic lens, skewing my point of view. My daily commute through West Philadelphia is not very enlightening, as the squalor, filth and lack of legal commerce remain consistent from year to year. This community is sustained by taxpayer subsidized low income housing, taxpayer subsidized food stamps, welfare payments, and illegal drug dealing. The dependency attitude, lifestyles of slothfulness and total lack of commerce has remained constant for decades in West Philly. It is on the weekends, cruising around a once ...

Spinning Bad Financial News Into Good
Post Date: 2012-09-11 12:21:44 by Capitalist Eric
0 Comments
Friday’s payroll jobs report says that 96,000 new jobs were created in August and that the unemployment rate (U.3) fell from 8.3% to 8.1%. As 96,000 new jobs are not enough to keep up with population growth, the decline in the U.3 unemployment rate was caused by 368,000 discouraged job seekers giving up on finding employment and dropping out of the work force as measured by U.3. Discouraged workers are not included in the U.3 measure of unemployment, which makes the measure useless. The only purpose of U.3 is to keep bad news out of the news. the U.3 unemployment rate only measures those who have not been discouraged by the inability to find a job and are still actively seeking ...

The Democrats’ GM Fiction
Post Date: 2012-09-10 10:12:40 by jwpegler
1 Comments
The Democrats have decided to run in 2012 as the bailout party. It is an odd choice — the 2008–09 bailouts were deeply unpopular among the general public, and even their backers were notably conflicted about the precedent being set and the ensuing moral hazard. But Democrats have nonetheless made one of the most abusive episodes in the entire bailout era their economic cornerstone: the government takeover of General Motors. The GM bailout was always an odd duck: The Troubled Asset Relief Program (TARP) was created in order to preserve liquidity in the financial markets by heading off the collapse of key financial institutions that had made catastrophically bad bets on real-estate ...

SUBPRIME AUTO NATION [Bankster Stupidity]
Post Date: 2012-09-07 19:08:12 by Capitalist Eric
0 Comments
Have you heard the news? Auto sales are booming. Total sales for the month of August were 1,285,202 vehicles, according to Autodata Corp, the highest monthly sales figure for any August since 2007, when 1.47 million autos were sold in the United States. Year to date auto sales have totaled 9.7 million and are on track to reach 14.5 million. Between 2006 and 2007, auto sales ranged between 16 million and 18 million. They crashed below 10 million in 2009. The Keynesians running our government have pulled out all the stops to restart this engine of consumer spending. First they wasted $3 billion of taxpayer funds on the Cash for Clunkers debacle. Almost 700,000 perfectly good cars were ...

Record 88,921,000 Americans ‘Not in Labor Force’—119,000 Fewer Employed in August Than July [Obamanomics]
Post Date: 2012-09-07 12:39:56 by Capitalist Eric
2 Comments
(CNSNews.com) - The number of Americans whom the U.S. Department of Labor counted as “not in the civilian labor force” in August hit a record high of 88,921,000. The Labor Department counts a person as not in the civilian labor force if they are at least 16 years old, are not in the military or an institution such as a prison, mental hospital or nursing home, and have not actively looked for a job in the last four weeks. The department counts a person as in “the civilian labor force” if they are at least 16, are not in the military or an institution such as a prison, mental hospital or nursing home, and either do have a job or have actively looked for one in the last ...

QUICK EXPLANATION OF THE NATION'S FINANCIAL SITUATION
Post Date: 2012-09-04 19:31:07 by rowdee
8 Comments
This explanation seems to make it easier enough for even the "lesser paying attention' citizens in the country. I wonder if that would include folks like Roseanne Barr? Hmmmmm.......on second thought...... PART I * U.S. Tax revenue:............... $ 2,170,000,000,000 * Fed budget: ...................... $ 3,820,000,000,000 .. * New debt: ...................... $ 1,650,000,000,000 * National debt: ...................$14,271,000,000,000 * Recent budget cuts: ...............$ 38,500,000,000 Now, remove 8 zeros and pretend it's your own houehold budget. Here we will put in a decimal point and two zeros to indicate cents (the previous sets of numbers were too numerous) * Annual ...

A Big Bad Brick Wall
Post Date: 2012-08-31 14:40:57 by Capitalist Eric
0 Comments
As America settles in for a three month long across-all-media screening of Dumb and Dumber, Europeans are setting up for a valiant effort to put up an even more mind-boggling spectacle. Competition is healthy, right? The world of finance hangs on ex-Goldman Sachs vice chairman and managing director Mario Draghi's lips almost as much as it sucks up to Ben Bernanke's Jackson Hole. Central bankers become ever more important simply because in the absence of honest profits they are the only source of money left standing. If you can't make it, fake it. That this money will need to be paid for at some point in time doesn't seem to be a concern for anyone anymore, or at least ...

Morgan Stanley is Insolvent – Only a Matter of Time Before Total Financial Collapse
Post Date: 2012-08-30 14:04:21 by Capitalist Eric
2 Comments
The fall of the House of Morgan has begun as stock prices on the global market at Morgan Stanley (MS) begin to fall on the New York Stock Exchange (NYSE). According to Rick Wiles: “I’m hearing rumors that another major financial house is going to implode. In fact, the name I’ve been given is Morgan Stanley . . . It’s going to be put on the sacrificial alter by the financial elite.” MS, technically speaking, is classified as insolvent based on mark-to-market valuation. By selling off non-core assets, MS has been able to “reduce its European exposure” through the manipulation of hedge funds and allocation of funds to failing financial corporations. Some ...

Shhhh…It’s Even Worse Than the Great Depression
Post Date: 2012-08-27 12:21:57 by Capitalist Eric
0 Comments
According to Wikipedia, Narcissistic personality disorder (NPD) affects one percent of the population and has little to do with looking at yourself in the mirror. It has a lot to do with unrealistic fantasies of success, power and intelligence. Some NPD sufferers become cult leaders or mass murderers, the rest become economists and policy-makers. Despite having a highly elevated sense of self-worth, narcissists have fragile self-esteem and handle criticism unpredictably, so let’s keep this to ourselves.... Velocity of money is the frequency with which a unit of money is spent on new goods and services. It is a far better indicator of economic activity than GDP, consumer prices, the ...

America's Descent into Poverty
Post Date: 2012-08-25 09:41:13 by Capitalist Eric
1 Comments
The United States has collapsed economically, socially, politically, legally, constitutionally and environmentally. The country that exists today is not even a shell of the country into which I was born. In this article I will deal with America's economic collapse. In subsequent articles, i will deal with other aspects of American collapse. Economically, America has descended into poverty. As Peter Edelman says, "Low-wage work is pandemic." Today in "freedom and democracy" America, "the world's only superpower," one-fourth of the work force is employed in jobs that pay less than $22,000, the poverty line for a family of four. Some of these lowly-paid ...

CO2 Emisions Lowest Since 1992
Post Date: 2012-08-18 13:10:27 by jwpegler
4 Comments
In a surprising turn of events, over the last few years America has dramatically lowered the amount of CO2 being released into the atmosphere. In fact, current CO2 emissions are back to where they were in 1992. A triumphant success of government regulations, right??? Wrong. The reason we've been able to do this is that a market innovation -- hydraulic fracking technology -- has lowered the price of natural gas from over $10 per thousand cubic feet in 2005 to around $3 per thousand cubic feet today. This had made natural gas cheaper than coal. As a result, the amount of our electricity that we get from coal has dropped from 50% of the total to 35% of the total today, as operators ...

Startling Evidence That Central Banks And Wall Street Insiders Are Rapidly Preparing For Something BIG
Post Date: 2012-08-17 17:20:17 by Capitalist Eric
0 Comments
If you want to figure out what is going to happen next in the financial markets, carefully watch what the insiders are doing. Those that are “connected” have access to far better sources of information than the rest of us have, and if they hear that something big is coming up they will often make very significant moves with their money in anticipation of what is about to happen. Right now, Wall Street insiders and central banks all around the globe are making some very unusual moves. In fact, they appear to be rapidly preparing for something really big. So exactly what are they up to? In a previous article entitled “Are The Government And The Big Banks Quietly Preparing For ...

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