Latest Articles: Economy
With These Figures, It's No Shock Why Republicans Got Swept by Democrats in Georgia
Domestic Terrorist?" - Leftist BLM Activist Who Stormed Capitol On Jan. 6 Arrested, Charged - John Earle Sullivan
The Republican Party Killed Itself
Australia to kill pigeon that crossed Pacific from Oregon
Could Joe Biden face impeachment?
Democrats Are Using The Recent Capitol Riot To Consolidate Power
Hold Twitter To Account
Incitement, Insurrection, Impeachment, Imperiousness, and Idiocy
Dems want to bring down anyone who ever backed Trump: Goodwin
Uganda Bans Twitter
Big Corporate Uses Capitol Riots To Push Communist-Style Social Credit System On Americans
Worst people on planet
Gluttons for boot news.
THE MAN ... WHO SHOT ASHLI BABBITT --- (WAS HE BLACK?)
Big Tech’s War on Free Speech
GOP Can't Afford to Leave Trump's Voters Behind
North Idaho Internet Provider Blocks Facebook, Twitter on Its Service Over Censorship
ACLU warns of ‘unchecked power’ of big tech for banning Trump amid calls for investigation of Amazon, Google and Apple
Lt. Gen. Tom McInerney explained Everything TACTICAL DECEPTION, THE STING, THE DATA
POPE DISAPPEARS INTO THIN AIR.
Pelosi And Wimp Portland Mayor Wheeler Conspired And Planned To Blame The Riots On Trump...Nutty Nancy Urges Limp-Wristed Wheeler To Stick To The 'Democrat (Communist) 'Play Book' - Is Nancy's Laptop Starting To Leak?
The Most Trusted Voice In America
Photos & Videos: BLM Activist John Sullivan Who Stormed The US Capitol Says That The Secret Has Been In Contact With Him - Far-Left Activists Have Raised Suspicion That He Is A Federal Agent Provocateur
US Attorney launches federal excessive force investigation into death of Trump-supporting Air Force vet who was shot dead as rioters breached the Capitol
The white backlash has begun. Again.
Pentagon Officials Say Pelosi Asked Them To Stage A Military Coup Against President Trump
WATCH: Armed Antifa Attack Trump Supporters, Cops in San Diego
Video: A Whole Plane Of Trump Supporters Kicked Off A Flight For Singing The National Anthem - Singing the National Anthem Is Now Domestic Terrorist Behavior
Media endorsed violence
Posted Articles Urgently Needed
Senile, lame brain calls protesters 'domestic terrorists'
We Ain’T ... Going To SubmiT --- We Won’T ForgeT
Why Aren't Elections Over by 8 p.m.?
Goodbye to 2020; Hello to a Gruesome 2021
Baltic Dry Index Signals Renewed Market Collapse
Post Date: 2012-06-01 13:20:07 by Capitalist Eric
Shipping tipping point? Much has been said about the Baltic Dry Index over the course of the last four years, especially in light of the credit crisis and the effects it has had on the frequency of global shipping. Importing and exporting has never been quite the same since 2008, and this change is made most obvious through one of the few statistical measures left in the world that is not subject to direct manipulation by international corporate interests; the BDI. Today, the BDI is on the verge of making headlines once again, being that is plummeting like a wingless 747 into the swampy mire of what I believe will soon be historical lows. The problem with the BDI is that it is little ...
US Unemployment and the Ubiquitous 'Zombie Job' Market
Post Date: 2012-05-31 17:13:18 by Capitalist Eric
Yesterday was Memorial Day. We said a prayer for all the brave men and women who died in war
after all, we have a heart! But the brain never quite gets in sync. When it looks at what those soldiers were doing, it wishes they had never left home. Americas wars were almost all wars of choice, says a friend. They were fought to expand the power of the empire. The Mexican-American war was a bald-faced grab for Mexican land. The Civil War was a battle to bring the South into submission. The US took Puerto Rico and the Philippines in the Spanish American war. President Wilson took the US into WWI simply to throw our weight around in Europe; we had no dog ...
Wells Fargo Seizes Stockton, California City Hall [Sign of the Times]
Post Date: 2012-05-31 16:51:13 by Capitalist Eric
The Stockton City Council announced Wednesday that they will look at bankruptcy contingency plans after Wells Fargo seized the new city hall building. The city paid $35 million to buy the 8-story building, but was not able to move in because of its money problems, and recently stopped making debt payments all together. This is the fourth building that was repossessed by Wells Fargo; the bank seized three city parking garages for the same reason. Just wait to financial problems start to put a squeeze on state governments. California and Illinois are high up on the list. They might be able to scrape by for another year or two, but that's it.
Auto Jobs: Sign of the Times [20,000 people applied for 877 jobs]
Post Date: 2012-05-30 19:06:16 by Capitalist Eric
Hyundai Motors America Montgomery Manufacturing Plant It should not come as a surprise with unemployment over 8% that good paying jobs in manufacturing are harder than ever to land. At the Hyundai plant in Montgomery, Alabama more than 20,000 people have applied for one of the 877 job openings. The surge of people applying may seem unusual, but it's not. Take a look: Last summer Ford had more than 18,000 people apply for one of 1,800 jobs at the retooled Louisville plant. That plant will open and start building the Edge SUV in mid-June. In 2011, more than 41,000 applied for one of the 1,300 positions at the new Toyota plant in Tupelo, Mississippi. In 2009, more than 65,000 ...
Economic Recovery or Collapse? Bet on Collapse - Financial Crisis Could Destroy Western Civilization
Post Date: 2012-05-29 19:13:51 by Capitalist Eric
The US financial system and, probably, the financial system of Europe, like the police, no longer serves a useful social purpose. In the US the police have proven themselves to be a greater threat to public safety than private sector criminals. I just googled police brutality and up came 183,000,000 results. (Here are two recent brutal assaults, one deadly, by police on hapless individuals: latimesblogs.latimes.com/lanow/2012/05/kelly-thomas-video-dad-they-are-killing-me-.html and www.informationclearinghouse.info/article31364.htm ) The cost to society of the private financial system is even higher. Writing in CounterPunch (May 18), Rob Urie reports that two years ago ...
Turn Out The Lights - The Largest U.S. Cities Are Becoming Cesspools Of Filth, Decay And Wretchedness
Post Date: 2012-05-25 15:21:39 by Hondo68
Once upon a time, the largest U.S. cities were the envy of the entire world. Sadly, that is no longer the case. Sure, there are areas of New York City, Boston, Washington and Los Angeles that are still absolutely beautiful but for the most part our major cities are rapidly rotting and decaying. Cities such as Detroit, Cleveland, Baltimore, Memphis, New Orleans, St. Louis and Oakland were all once places where middle class American workers thrived and raised their families. Today, all of those cities are rapidly being transformed into cesspools of filth, decay and wretchedness. Millions of good jobs have left our major cities in recent decades and poverty has absolutely exploded. ...
U.S. Treasury Bond Teetering Tower Of Babel, Fed Stuck At 0% Forever [EXCELLENT ANALYSIS!]
Post Date: 2012-05-24 20:34:04 by Capitalist Eric
The recent losses from JPMorgan have proved to be much more based upon suspending gravity with 0% official rates in the Delta-Hedging complex game tied to the vast over-burdened Interest Rate Swap contracts, rather than the European sovereign bonds as first claimed. The Jackass is on record on May 11th, aided by the indefatigable forensic analyst Rob Kirby, in pointing to Interest Rate Swap stresses from the sudden March and April movement in the 10-year USTreasurys within the strained bloated USGovt sovereign bond market. The IRSwap setbacks were the underlying cause of the JPM losses. The giant bank does not want attention give to this derivative tool which controls the bond market in a ...
Economic Recovery Is an Illusion When Adjusted or Inflation
Post Date: 2012-05-21 17:34:29 by Capitalist Eric
John Williams, author of the ShadowStats.com newsletter, shines light on his interpretations of the GDP, CPI, unemployment and other government statistics in this exclusive Gold Report interview from the recent Recovery Reality Check conference. Highlights include what the money supply measures tell him and why QE3 will be a hard sell. The Gold Report: John, at the recent Casey Research Recovery Reality Check conference you described the economic recovery heralded by the Obama administration as an illusion based largely on skewed inflation data. Can you walk us through why, based on your calculations, a recovery is impossible? John Williams: We can start with the gross domestic ...
Big Risk: $1.2 Quadrillion Derivatives Market Dwarfs World GDP
Post Date: 2012-05-18 18:54:37 by Capitalist Eric
One of the biggest risks to the world's financial health is the $1.2 quadrillion derivatives market. It's complex, it's unregulated, and it ought to be of concern to world leaders that its notional value is 20 times the size of the world economy. But traders rule the roost -- and as much as risk managers and regulators might want to limit that risk, they lack the power or knowledge to do so. A quadrillion is a big number: 1,000 times a trillion. Yet according to one of the world's leading derivatives experts, Paul Wilmott, who holds a doctorate in applied mathematics from Oxford University (and whose speaking voice sounds eerily like John Lennon's), $1.2 quadrillion is ...
Obama budget defeated 99-0 in Senate [LMFAO!!!]
Post Date: 2012-05-16 18:03:48 by Capitalist Eric
President Obama's budget suffered a second embarrassing defeat Wednesday, when senators voted 99-0 to reject it. Coupled with the House's rejection in March, 414-0, that means Mr. Obama's budget has failed to win a single vote in support this year. Republicans forced the vote by offering the president's plan on the Senate floor. Democrats disputed that it was actually the president's plan, arguing that the slim amendment didn't actually match Mr. Obama's budget document, which ran thousands of pages. But Republicans said they used all of the president's numbers in the proposal, so it faithfully represented his plan. Sen. Jeff Sessions, Alabama Republican, ...
The Coming Generational Storm, Living Beyond Our Children's Means and Doing Ponzi Proud
Post Date: 2012-05-16 17:38:52 by Capitalist Eric
There are plenty of books about the entitlement disaster in our future, but few come with the backing of an academic press. The Clash of Generations is an exception. Written by economist Larry Kotlikoff, one of the creators of generational accounting, and my good friend of long standing, Scott Burns, Clash shows what current policies have already done to young people, tells stories about how both parties have allowed it to happen, and offers actual policy solutions for banking, taxes, healthcare, and Social Security. But it's way more than a "policy book." It also tells us what we can do to protect ourselves if the politicians fail. Nobel Laureate George Akerlof ...
Capitalism Is The Crisis
Post Date: 2012-05-14 20:55:10 by whyofcourse
Capitalism Is The Crisis
Details of the $291 TRILLION In Derivatives To Which American Taxpayers Are Exposed
Post Date: 2012-05-14 19:56:20 by Capitalist Eric
This article was called to my attention by the legendary CIGA Green Hornet. It is simply too good, too correct and too educational not to be published. For those with the attention span larger than gold fish, this must be read and understood. Todays JSMineset is big but there is a great deal to say. You might consider printing it out, and taking it in smaller doses. Click Here To View The Original Article On Seeking Alpha
Details Of The $291 Trillion In Derivatives To Which American Taxpayers Are Exposed April 17, 2012 | The entire US GDP is less than $15 trillion each year. The gross notional amount of derivatives issued in the USA is more than $291 trillion. Does that sound ...
25 Horrible Statistics About The U.S. Economy That Barack Obama Does Not Want You To Know
Post Date: 2012-05-14 10:29:05 by We The People
The human capacity for self-delusion truly is remarkable. Most people out there end up believing exactly what they want to believe even when the truth is staring them right in the face. Take the U.S. economy for example. Barack Obama wants to believe that his policies have worked and that the U.S. economy is improving. So that is what he is telling the American people. The mainstream media wants to believe that Barack Obama is a good president and that his policies make sense and so they are reporting that we are experiencing an economic recovery. A very large segment of the U.S. population still fully supports Barack Obama and they want to believe that ...
THRIVE: What On Earth Will It Take?
Post Date: 2012-05-13 16:37:03 by whyofcourse
Published on Apr 5, 2012 by ThriveMovement Own THRIVE on DVD with bonus features: http://www.thrivemovement.com/store If you value what is presented in this movie, please go to http://thrivemovement.com/ where you can support Thrive Movement by making a donation. You will also find more in-depth information on each of the subjects discussed in the movie, learn about Critical Mass initiatives supported by Thrive, and connect with others who are waking up and taking action. Film Synopsis: THRIVE is an unconventional documentary that lifts the veil on what's REALLY going on in our world by following the money upstream -- uncovering the global consolidation of power in nearly every aspect ...
Global Debt Crisis, There Is Not Enough Money On Planet Earth
Post Date: 2012-05-11 16:35:30 by Capitalist Eric
No matter how you look at it, as The Automatic Earth and others have pointed out ad infinitum, in the end the US economy rests on two pillars: Jobs and Housing. They are where both all the good and bad in economic terms begin and end. Ben Bernanke and his Fed policies are majestically failing on both counts. That is the reality that is shaping America's reality today. Anything else is just a sideshow. Discard all the hubris on recovery, on falling unemployment; all that is but a mirage the political/industrial/financial/media conglomerate wishes you to see and believe in, so you won't pay attention to what truly goes on. Which is that Fed and Treasury policies were never designed to ...
Economic Alert: If You’re Not Worried Yet…You Should Be
Post Date: 2012-05-08 11:35:51 by SJN
For the past four years I have been covering the progression of the global economic crisis with an emphasis on the debilitating effects it has had on the American financial system. Only once before have I ever issued an economic alert, and this was at the onset of the very first credit downgrade in U.S. history by S&P. I do not take the word alert lightly. Since 2008 we have seen a cycle of events that have severely weakened our countrys foundation, but each event has then been followed by a lull, sometimes 4 to 6 months at a stretch, which seems to disarm the public, drawing them back into apathy and complacency. The calm moments before each passing storm give ...
The Treasury Bubble in One Graph
Post Date: 2012-05-07 18:47:37 by Capitalist Eric
In another sign of fear of a financial economic collapse asset managers are pouring money into US Treasuries even though the investment is GUARANTEED to lose value. Editors Note: The Feds strategy to force people out of the safety of investing US treasuries or saving cash and into the rigged stock markets has been to make it so investing in Treasuries will actually lose money due to inflation yet investors are still investing trillions even though their will be a negative return on their investment. Submiited by John Aziz of Azizonomics, What are the classic signs of an asset bubble? People piling into an asset class to such an extent that it becomes unprofitable to do so. ...
Unemployment Rate Drops to 8.1%; Is Anyone Buying It?
Post Date: 2012-05-04 12:46:07 by Capitalist Eric
There were 115,000 jobs created in April. I did not say, Jobs created in the US because six months from now we will find out that 60% of those jobs were created in other countries. Last year at this time, the so called economic experts said we would need 350,000 jobs per month, just to keep pace with our young people entering the workforce for the first time. Now today, I heard one of these experts on Bloomberg say, 115,000 jobs is sufficient to keep pace with the new entries. Last month a report came out that said half of our young people graduating college cannot find employment. So it would seem that now only half of these unemployed Americans are being counted in the ...
There Are 100 Million Working Age Americans That Do Not Have Jobs [And We Have NOT Seen the Worst...]
Post Date: 2012-05-03 19:24:48 by Capitalist Eric
The unemployment crisis in America is much worse than you are being told. Did you know that there are 100 million working age Americans that do not get up in the morning and go to work? No wonder why it seems like there are so many people that do not have jobs! According to the federal government, there are 12.6 million working age Americans that are considered to be "officially" unemployed, but there are another 87.8 million working age Americans that are not working either. The federal government considers those Americans to be "not in the labor force" so they are not included in the unemployment rate. In fact, this is one of the key ways that the government ...
The 86 million invisible unemployed [CNN Accidentally Sinks "Brian S" Propaganda]
Post Date: 2012-05-03 19:03:23 by Capitalist Eric
NEW YORK (CNNMoney) -- There are far more jobless people in the United States than you might think. While it's true that the unemployment rate is falling, that doesn't include the millions of nonworking adults who aren't even looking for a job anymore. And hiring isn't strong enough to keep up with population growth. As a result, the labor force is now at its smallest size since the 1980s when compared to the broader working age population. "We've been getting some job growth and it's been significant, but it hasn't yet been strong enough that you start to get people re-engaging in the labor market," said Keith Hall, a senior research fellow at the ...
“The Mother of All Financial Bubbles Is Just Now Starting to Pop..
Post Date: 2012-05-02 21:13:25 by whyofcourse
The Mother of All Financial BubblesIs Just Now Starting to Pop... -- Addison WigginThree time NYT bestselling authorand co-founder of dailyreckoning.com var so = new SWFObject('http://agorafinancial.com/reports/vancouver/2010/vp/player-licensed.swf','mpl','640','360','9'); so.addParam('allowfullscreen','false'); so.addParam('allowscriptaccess','always'); so.addParam('wmode','opaque'); so.addVariable('file','http://agorafinancial.bc.cdn.bitgravity.com/AWN/AWN_MarketBubble_101311B.mp4'); ...
95 Percent Of The Jobs Lost During The Recession Were Middle Class Jobs
Post Date: 2012-05-02 09:29:01 by Hondo68
Who is the biggest loser in the ongoing decline of the U.S. economy? Is it the wealthy? No, the stock market has been soaring lately and their incomes are actually going up. Is it the poor? Well, the poor are definitely hurting very badly, but when you don't have much to begin with you don't have much to lose. Unfortunately, it is the middle class that has lost the most during this economic downturn. According to Bloomberg, 95 percent of the jobs lost during the recession were middle class jobs. That is an absolutely astounding figure. Yes, some executives lost their jobs during the last recession as did some minimum-wage workers. But overwhelmingly the jobs that were lost were ...
Financial Tsunami Alert: Send in the Bond Squad
Post Date: 2012-04-27 13:45:51 by Capitalist Eric
An underwater earthquake has occurred in Spain and is quite possibly occurring now in Italy. Killer waves are now headed directly at the central banks and financial systems throughout the developed world and at Europe in Particular. How long until they hit and do the financial equivalent of Japan's recent tsunami? Socialist bureaucrats and progressives on both sides of the Atlantic are locked in death struggles with Mother Nature. THEY WILL LOSE.
Socialist public servants and banksters in Brussels and Washington are DESPERATELY trying to repeal the law of nature: You MUST produce more than you consume or PERISH. Economic systems which are predicated upon the consumption of wealth rather ...
Thirteen Years Later
Post Date: 2012-04-27 12:16:14 by SJN
There have been many grand experiments in social engineering during the past several centuries. We have witnessed the American Revolution, the French Revolution, the American Civil War, Communism and finally 1999 and the founding of the European Union. It is an interesting exercise to consider the long view as I have wondered what the world looked like in 1789 which was thirteen years after the commencement of the American experiment. It is also interesting to note, when comparing the two restructurings of society, that the new construct in the United States was founded upon assuming our own destiny and throwing off the yoke of the British Empire which was a common bond for the individual ...
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