Latest Articles: Economy
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
JonBeneT Ramsey ... Psychic Reading --- JUNE 19, 2020
Do You Live In A Death Spiral State?
Post Date: 2012-11-28 13:52:45 by jwpegler
Dont buy a house in a state where private sector workers are outnumbered by folks dependent on government. Thinking about buying a house? Or a municipal bond? Be careful where you put your capital. Dont put it in a state at high risk of a fiscal tailspin. Eleven states make our list of danger spots for investors. They can look forward to a rising tax burden, deteriorating state finances and an exodus of employers. The list includes California, New York, Illinois and Ohio, along with some smaller states like New Mexico and Hawaii. If your career takes you to Los Angeles or Chicago, dont buy a house. Rent. If you have money in municipal bonds, clean up the portfolio. ...
More Americans Will Use Food Stamps For Thanksgiving This Year Than Ever Before
Post Date: 2012-11-21 13:24:13 by Capitalist Eric
More Americans will use food stamps to buy their Thanksgiving dinner this year than ever before, according to a new report from the nonprofit government watchdog group The Sunlight Foundation. The Food Stamp Challenge, which challenges higher-income families to live as if they are on food stamps, estimates that a person on food stamps has a budget of about $1.25 per meal. In other words, a family on food stamps must buy an entire meal per person for less than the cost of an average cup of coffee. Usage of food stamps among low and no-income families has spiked since the collapse of the U.S. financial system four years ago. According to the U.S. Department of Agriculture, average ...
Economic Disintegration is Almost Here [Obamanomics]
Post Date: 2012-11-20 19:13:40 by Capitalist Eric
The disintegration of an economy and a society can take two courses. One course is like rust. It is slow and barely perceptible. The other is a sudden collapse. The first course, if left untended, eventually turns into the second. The US economy is now rusting away. Arguably it has been for decades. For anyone interested in looking, the signs are there. They will soon become unavoidable for even the most disinterested of our citizens. Dan Amoss correctly described what is happening as a result of Washington's overbearing involvement in the economy: All government-directed economic activity grows at the expense of the private sector. And the election suggests ...
Fed Tweet to Savers and Investors: Drop Dead
Post Date: 2012-11-20 12:17:27 by Capitalist Eric
Can you identify the one major economic issue that was all but ignored by both major parties (but not by Ron Paul) in the recent presidential election? I can
and its not the so-called "fiscal cliff" problem currently being debated in Washington. Its the Federal Reserves crazy monetary policy of repeated "quantitative easing" and extremely low interest rates. Both President Obama and Governor Romney had several heated debates about taxes, government spending, deficits and government debt. They did not agree on almost anything but at least they recognized that these macro-economic fiscal policies were important in any serious analysis of ...
The Twinkie That Broke The Economy's Back? [Continuing Economic Collapse]
Post Date: 2012-11-19 16:57:08 by Capitalist Eric
Can you hear that sound? It is the sound of the air being let out of the economy. Since the election, there has been a massive tsunami of layoffs and business failures. Of course the company that is making the biggest headlines right now is Hostess. On Monday, Hostess will be in a New York bankruptcy courtroom as it begins the process of liquidating itself. Needless to say, Twinkie lovers all over America are horrified. Many are running out to grocery stores and hoarding as many as they can find, and some online sellers are already listing boxes of 10 Twinkies for as much as $10,000 on auction websites such as eBay. Well, there is really no reason to panic. It is very likely that another ...
Is America ready for a Mexican Twinkie? Bankrupt Hostess 'to sell beloved snack to cake company south of the border'
Post Date: 2012-11-19 12:03:39 by Murron
Is America ready for a Mexican Twinkie? Bankrupt Hostess 'to sell beloved snack to cake company south of the border' A Mexican company may come to the rescue of Twinkies-loving Americans across the country as it looks to acquire the bankrupt Hostess Brands to keep its lip-smacking-sweet confections on store shelves for years to come. Mexican company Grupo Bimbo is reportedly eyeing Hostess Brands, the company that makes Twinkies, Ding Dongs and Ho Ho's, after Hostess announced last week that it would shutter and liquidate its 33 bakeries. News of Hostess Brands' liquidation struck fear in the hearts of Twinkies loyalists across the country, who scrambled to snatch up the ...
The Worst Economic Numbers In More Than A Year
Post Date: 2012-11-16 10:30:39 by Hondo68
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
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
Stock markets responded to Obamas re-election by plunging today. The Dow tumbled below 13,000 as the S&P broke 1,400, beating this years 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 cant 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 Romneys ...
ADP "Cancels" 365,000 Private Jobs Created In 2012 [Economic Collapse Continues]
Post Date: 2012-10-31 14:59:47 by Capitalist Eric
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
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 governments 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 Husseins weapons of mass destruction or Gadhafis alleged attacks on Libyan protesters or Irans 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
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
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
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
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
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 MX1a Mexican foreign service officer who doubled as a confidential source for Stratforseems 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
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
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
Most people would puzzle over this question. How can anyone borrow from himself or herself? Thats 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 governments 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
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 Im 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
Fridays 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
The Democrats have decided to run in 2012 as the bailout party. It is an odd choice the 200809 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
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
(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
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 ...
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