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Washington Signals Dollar Deep Concerns — Paul Craig Roberts

May 18th, 2013
Categories: News, Economic

Link: http://www.paulcraigroberts.org/2013/05/18/washington-signals-dollar-deep-concerns-paul-craig-roberts/

Over the past month there has been a statistically improbable concurrence of events that can only be explained as a conspiracy to protect the dollar from the Federal Reserve’s policy of Quantitative Easing (QE).

Pew report shows decline in retirement security for most Americans

May 18th, 2013
Categories: News, Economic

Link: http://wsws.org/en/articles/2013/05/18/reti-m18.html

The study predicted increasing wealth inequality for each of five successive age groups as they approach retirement.

The IRS wants YOU — to share everything

May 15th, 2013
Categories: News, Economic

Link: http://www.politico.com/story/2013/05/the-irs-wants-you-to-share-everything-91378.html

The Internal Revenue Service asked tea party groups to see donor rolls. It asked for printouts of Facebook posts. And it asked what books people were reading.

David Stockman: "The American Empire And The End Of Sound Money"

May 15th, 2013
Categories: News, Economic

Link: http://www.zerohedge.com/news/2013-05-15/david-stockman-american-empire-and-end-sound-money

In Chapter 12 of David Stockman's new book The Great Deformation, the outspoken truth-sayer discusses the realities of the end of the gold standard - from the the Bank of England's 'default' in 1931 to Nixon and Bretton Woods, constantly deferring the day of reckoning...

How A Criminal Syndicate Of Banks Is Raping The Gold Market

May 15th, 2013
Categories: News, Economic

Link: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/5/15_How_A_Criminal_Syndicate_Of_Banks_Is_Raping_The_Gold_Market.html

Today one of the most well connected hedge fund managers in the world told King World News that a criminal syndicate of banks is raping the gold market with the cooperation of the US Federal Reserve.

Capitalism and the crisis facing young people

May 13th, 2013
Categories: News, Economic

Link: http://wsws.org/en/articles/2013/05/13/pers-m13.html

Young people around the world have been made to bear the brunt of the capitalist crisis. In the five years since the 2008 crash, youth unemployment has reached Depression-era levels, young workers’ wages have plummeted, and education opportunities have collapsed.

Red Alert! Frontside INTEL Coming In: Trillions Of Dollars Coming Back To The US!

May 11th, 2013
Categories: News, Economic

Link: http://beforeitsnews.com/forex/2013/05/red-alert-frontside-intel-coming-in-trillions-of-dollars-coming-back-to-the-us-2448256.html

Word on the “street” is that there are trillions of unused, unwanted US dollars coming back to flood our markets in the next few weeks!!! Do with it what you will! Funny… I didn’t see CNBC carry this story yet… I wonder why not…

World’s Richest Man Carlos Slim Taunted by Audience Laughter and Kazoos - Video

May 11th, 2013
Categories: News, Economic

Link: http://october2011.org/blogs/kevin-zeese/world-s-richest-man-carlos-slim-taunted-kazoos

Great Protest Video: Laughing at the World's Richest Man: He price gouges and then gives away a small percentage in philanthropy to be a fake hero. Activists give him the public mocking he deserves.

The 15,000 Dow

May 9th, 2013
Categories: News, Economic

Link: http://wsws.org/en/articles/2013/05/09/pers-m09.html

In the midst of the worst economic crisis since the Great Depression, the Dow has gained over 8,500 points, surging nearly 130 percent since it bottomed out in March of 2009.

US surpasses other industrialized countries in infant death rate

May 9th, 2013
Categories: News, Economic, Health

Link: http://wsws.org/en/articles/2013/05/09/moth-m09.html

More than 11,000 American babies die on the day of birth, a number 50 percent higher than all other industrialized countries combined.

US government funds nation’s wage disparity through contracting federal jobs - Video

May 9th, 2013
Categories: News, Economic

Link: http://www.presstv.ir/detail/2013/05/09/302592/us-govt-behind-nations-wage-disparity/

The US government plays a major role in wage disparity in the country by contracting out federal jobs to private contractors that pay their handsomely for hiring workers at low wages and few benefits, Press TV reports from Washington.

James Turk - Extraordinary Delays For Physical Gold & Silver

May 7th, 2013
Categories: News, Economic

Link: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/5/7_James_Turk_-_Extraordinary_Delays_For_Physical_Gold_%26_Silver.html

Today James Turk told King World News that despite the current weakness in prices, there are extraordinary delays for both physical gold and silver in Europe... the central planners on the verge of being forced to release the price of the metals higher.

The Mathematical Reality Is We’re Losing Over 600,000 Jobs a Month That Have Been Hidden From View

May 7th, 2013
Categories: News, Economic

Link: http://www.shtfplan.com/headline-news/the-mathematical-reality-is-were-losing-over-600000-jobs-a-month-that-have-been-hidden-from-view_05072013

The Dow Jones is soaring. The unemployment rate is stable. People are shopping. America is in recovery. Or is it? Despite all of the positive spin being put on the global and domestic economic recovery, the truth is that nothing of the sort is actually happening.

Financial Empire and the global debtors’ prison

May 6th, 2013
Categories: News, Economic

Link: http://roarmag.org/2013/05/financial-empire-structural-power-debt/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+roarmag+%28ROAR+Magazine%29

Financial Empire may have reduced us all to debt prisoners, but we can still become the social protagonists of history’s greatest-ever prison break.

Federal Reserve Blows More Bubbles

May 6th, 2013
Categories: News, Economic

Link: http://news.goldseek.com/RonPaul/1367848920.php

Last week at its regular policy-setting meeting, the Federal Reserve announced it would double down on the policies that have failed to produce anything but a stagnant economy. It was a disappointing, but not surprising, move.

Senate passes internet sales tax bill amid opposition from conservatives

May 6th, 2013
Categories: News, Economic

Link: http://www.guardian.co.uk/technology/2013/may/06/senate-passes-internet-sales-tax-amazon

Bill to overturn 1992 court decision has support of Obama, Amazon and Walmart – but its future in the House is uncertain. A 1992 supreme court ruling that said a state could not force a retailer to collect sales tax unless the retailer had a physical presence in the state. Photo: Scott Sady/AP

Diabetes Drugs Cost $35 Billion/Year: Why are we Using Tax Dollars to Buy 400,000 Tons of Sugar?

May 5th, 2013
Categories: News, Economic, Health

Link: http://naturalsociety.com/diabetes-drugs-cost-35-billion-year-tax-dollars-buy-400000-tons-sugar/

Diabetes Drugs Cost $35 Billion/Year: Why are we Using Tax Dollars to Buy 400,000 Tons of Sugar? The blatant ways in which the government mindlessly spends our tax money when our health is in decline and the economy sputters along on the petro-dollar are often astounding.

US manufacturing slows in April: Institute for Supply Management

May 5th, 2013
Categories: News, Economic

Link: http://www.nnc-research.com/NewsDetail.aspx?itemid=2335

The ISM said in a report released on Thursday that its index of national factory activity dropped to 50.7 in April, down from 51.3 in March. Experts characterized the drop in manufacturing growth to dissatisfaction with the fiscal cliff negotiations, employment market and expectations of inflation.

Pay in Blood: May Day and Modern Politics

May 4th, 2013
Categories: News, Economic

Link: http://www.a-w-i-p.com/index.php/2013/05/04/pay-in-blood-may-day

Here's a really weird "alternative history" thought experiment on this day set aside to celebrate workers around the world. Try to imagine a President of the United States standing up before Congress and saying something like this:

22 Facts That Prove That The Bottom 90 Percent Of America Is Systematically Getting Poorer

May 4th, 2013
Categories: News, Economic

Link: http://www.thetruthseeker.co.uk/?p=70290

The mainstream media is not telling you this, but the truth is that most Americans are steadily getting poorer. The middle class is being absolutely eviscerated, and poverty is soaring to unprecedented heights.

The social crisis in America

May 4th, 2013
Categories: News, Economic

Link: http://wsws.org/en/articles/2013/05/04/pers-m04.html

The official silence on the growth of poverty and social misery stands in stark contrast to the daily struggle of the majority of the US population just to make ends meet.

Low-wage, part-time jobs dominate tepid rise in US payrolls

May 4th, 2013
Categories: News, Economic

Link: http://wsws.org/en/articles/2013/05/04/jobs-m04.html

The vast bulk of new jobs are in low-wage service industries or in temporary or part-time positions.

Dollar slips against Euro

May 4th, 2013
Categories: News, Economic

Link: http://www.nnc-research.com/NewsDetail.aspx?itemid=2336

The dollar fell against the euro Friday despite a rather strong U.S. April jobs report that otherwise sent stock markets and oil prices soaring.

The Housing Market Recovery Is ‘A Complete Hoax’

May 3rd, 2013
Categories: News, Economic

Link: http://www.truthdig.com/eartotheground/item/the_housing_shell_game_20130503/

Homeownership is at its lowest level in 18 years, but housing prices are rising. Why? Because banks are creating real estate scarcity by buying up homes and selectively stalling foreclosures.

The failure of capitalism

May 3rd, 2013
Categories: News, Economic

Link: http://wsws.org/en/articles/2013/05/03/pers-m03.html

Figures on the state of the European economy published over the past week are not only the expression of a deepening economic and social crisis. They have a profound historical meaning, pointing to the bankruptcy of the capitalist economic order.

The FED: Celebrating 100 Years of Stealing From You Every Day

May 3rd, 2013
Categories: News, Economic

Link: http://www.federaljack.com/the-fed-celebrating-100-years-of-stealing-from-you-every-day/

There have been so many assaults committed by stealth against Americans of good faith, and carried out so slowly and incrementally, that you have actually been ambushed. Now I’d advise that you prepare for the sucker punch.

9.5 Million People Have Left the Workforce Under Obama

May 3rd, 2013
Categories: News, Economic

Link: http://cnsnews.com/news/article/95-million-people-have-left-workforce-under-obama

9.5 million Americans have left the workforce during the presidency of Barack Obama, according to the Bureau of Labor Statistics.

Euro zone unemployment hits record high for 23rd consecutive month

May 2nd, 2013
Categories: News, Economic

Link: http://wsws.org/en/articles/2013/05/02/econ-m02.html

Unemployment in the euro zone hit another record in March, climbing for the 23rd consecutive month, with no end in sight to the economic and social catastrophe gripping Europe.

They Are Murdering Small Business: The Percentage Of Self-Employed Americans Is At A Record Low

May 2nd, 2013
Categories: News, Economic

Link: http://www.activistpost.com/2013/05/they-are-murdering-small-business.html

The percentage of Americans that are working for themselves has never been lower in the history of the United States... by murdering small business, the bureaucrats are destroying the primary engine of job growth in this country.

Ron Paul & Jim Rogers On Government: “There’s More Chaos To Come. They Won’t Take Our Bank Accounts…They Will Take Our Retirement Accounts… More Taxes, More Debt, More Printing, More Confiscation, Less Freedom” - Video

May 2nd, 2013
Categories: News, Economic, Police State

Link: http://investmentwatchblog.com/ron-paul-jim-rogers-on-government-theres-more-chaos-to-come-they-wont-take-our-bank-accountsthey-will-take-our-retirement-accounts-more-taxes-more-debt-mor/

Ron Paul and Jim Rogers spoke at the Sovereign Man: Offshore Tactics Workshop in Santiago, Chile, on March 30 – April 1, 2013. These are clear warnings signs that a rational person simply cannot ignore.

Ten civilization-shaping trends for 2013 that are driving us into social and spiritual crisis

May 2nd, 2013
Categories: News, Economic

Link: http://www.thetruthseeker.co.uk/?p=70159

Most people feel that a time of great change is upon us. But what kind of change is unfolding, exactly? To answer that question, we must examine current trends and attempt to understand where they are headed.

Low-wage America is marching for justice

April 29th, 2013
Categories: News, Economic

Link: http://socialistworker.org/2013/04/29/low-wage-america-fights-back

HUNDREDS OF low-wage fast food and retail workers walked off the job and into the Chicago streets on April 24, only two weeks after fast food workers in New York City held another similar walkout and amid an ongoing national campaign against the retail giant Wal-Mart.

Sinclair - The Elites Frightening Plan To Control The Masses

April 28th, 2013
Categories: News, Economic

Link: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/4/28_Sinclair_-_The_Elites_Frightening_Plan_To_Control_The_Masses.html

People have to understand that going forward large deposits by ‘non-insiders’ are no longer going to be permitted. The goal of this pre-arranged wealth destruction is to equalize the ‘new rich’ and the ‘upper middle-class.’ Those not on the inside, with the right families and the right companies, are not going to be tolerated in the ‘New Paradigm’ of currency and metal that we are now moving into. So the only means of being able to protect yourself will be to understand the answer to the question, ‘What is the final end game for the most powerful families that are in fact running countries and markets?’....

While Wronged Homeowners Got $300 Apiece in Foreclosure Settlement, Consultants Who Helped Protect Banks Got $2 Billion

April 28th, 2013
Categories: News, Economic

Link: http://www.fromthetrenchesworldreport.com/while-wronged-homeowners-got-300-apiece-in-foreclosure-settlement-consultants-who-helped-protect-banks-got-2-billion/42549

The obscene greed-and-arrogance stories emanating from Wall Street are piling up so fast, it’s getting hard to keep up. This one is from last week, but I missed it – it’s about the foreclosure/robo-signing settlement that was concluded earlier this year.

The Terror of Capitalism

April 27th, 2013
Categories: News, Economic

Link: http://bellacaledonia.org.uk/2013/04/26/the-terror-of-capitalism/

On Wednesday, April 24, a day after Bangladeshi authorities asked the owners to evacuate their garment factory that employed almost three thousand workers, the building collapsed. The building, Rana Plaza, located in the Dhaka suburb of Savar, produced garments for the commodity chain that stretches from the cotton fields of South Asia through Bangladesh’s machines and workers to the retail houses in the Atlantic world. Famous name brands were stitched here, as are clothes that hang on the satanic shelves of Wal-Mart. Rescue workers were able to save two thousand people as of this writing, with confirmation that over three hundred are dead. The numbers for the latter are fated to rise. It is well worth mentioning that the death toll in the Triangle Shirtwaist Factory fire in New York City of 1911 was one hundred and forty six. The death toll here is already twice that. This “accident” comes five months (November 24, 2012) after the Tazreen garment factory fire that killed at least one hundred and twelve workers.

Eric Sprott - Silver To Skyrocket Hundreds Of Dollars in Price

April 27th, 2013
Categories: News, Economic

Link: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/4/27_Eric_Sprott_-_Silver_To_Skyrocket_Hundreds_Of_Dollars_in_Price.html

“These policies of supporting the financial system or the banking system are not going to work. QE1 didn’t work, QE2 didn’t work, now we’ve got QE3 and Japanese money printing. Central banks are (also) now buying stocks. How much lunacy do we have to have? Just think through it a little. It has to stop some day. We just can’t keep accelerating this without one of two things happening: You are going to get a financial collapse, or you are going to get hyperinflation....

Jim Sinclair: The Big Dirty Secret is Out: There is No Gold!

April 26th, 2013
Categories: News, World, Economic

Link: http://silverdoctors.com/jim-sinclair-the-big-dirty-secret-is-out-there-is-no-gold/

Thanks to the revelation brought to the world regarding the paper gold fraud, certain gold shares will now advance by many hundred percents. Some are likely ten baggers like in the 1980s. Good growing intermediate tier producing gold shares will lead gold majors, gold and all equities now to new highs in its own unprecedented bull market as the successful short of gold share hedge funds sitting with huge shorts have become complacent. There is a new definition to the right gold companies. They are the holders of the real physical supply.

Violence flares as protesters ’besiege’ Spanish parliament

April 26th, 2013
Categories: News, World, Economic

Link: http://bellaciao.org/en/spip.php?article22595

Police and protesters have clashed at an anti-government demo in the Spanish capital, Madrid, with bottles thrown and officers making baton charges. The government is set to reveal a new plan to turn the economy around.

COMEX PHYSICAL GOLD PLUMMETS

April 25th, 2013
Categories: News, World, Economic

Link: http://www.libertygoldandsilver.com/GoldandSilverBlog/?p=197

The worldwide gold battle between paper sellers and physical buyers rages on into its second week…and the physical forces are winning big time!! Ever since the world banking elite two weeks ago attempted to terrify physical precious metals owners by flooding the paper markets with over $50 billion of naked sell orders, something really strange has happened.

America The Fallen: 24 Signs That Our Once Proud Cities Are Turning Into Poverty-Stricken Hellholes

April 23rd, 2013
Categories: News, Economic

Link: http://investmentwatchblog.com/america-the-fallen-24-signs-that-our-once-proud-cities-are-turning-into-poverty-stricken-hellholes-the-city-of-detroit-was-once-actually-had-the-highest-per-capita-income-in-the-united-states/

What is happening to you America? Once upon a time, the United States was a place where free enterprise thrived and the greatest cities that the world had ever seen sprouted up from coast to coast. Good jobs were plentiful and a manufacturing boom helped fuel the rise of the largest and most vibrant middle class in the history of the planet. Cities such as Detroit, Chicago, Milwaukee, Cleveland, Philadelphia and Baltimore were all teeming with economic activity and the rest of the globe looked on our economic miracle with a mixture of wonder and envy. But now look at us. Our once proud cities are being transformed into poverty-stricken hellholes. Did you know that the city of Detroit once actually had the highest per-capita income in the United States?

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