Author's posts
May 18
Today’s News May 18, 2015
Falling Yield, Rising Asset by Keith Weiner Our monetary system is failing, but explaining that isn’t easy. The most popular argument is that the dollar has falling purchasing power and rising inflation. The problem with this argument is that consumer prices aren’t skyrocketing now. So, of course, people remain skeptical. Meanwhile, yields across all markets …
May 17
Today’s News May 17, 2015
Central Planning Goes Global As UN Unveils Major Sustainable Development Agenda "For The Good Of The Planet" Submitted by Michael Snyder via The Economic Collapse blog, The UN plans to launch a brand new plan for managing the entire globe at the Sustainable Development Summit that it will be hosting from September 25th to September …
May 16
IS WASHINGTON COMING TO ITS SENSES?
Washington has failed miserably to isolate Russia Paul Craig Roberts There is much speculation about US Secretary of State John Kerry’s rush visit to Russia in the wake of Russia’s successful Victory Day celebration on May 9. On May 11, Kerry, who was snubbing Russia on the 9th, was on his way to Russia, and …
May 16
Today’s News May 16, 2015
Guest Post: How Big Government Kills The American Dream Authored by U.S. Rep. Jaime Herrera Beutler of Camas, Clark County, originally posted at The Seattle Times, Last week, Sen. Elizabeth Warren, D-Mass., and New York Mayor Bill de Blasio published their prescription for reviving the American dream. They are right to focus on the dream. …
May 15
‘WE THE PEOPLE’ NEED TO CIRCLE THE WAGONS: THE GOVERNMENT IS ON THE WARPATH
How many Americans have actually bothered to read the Constitution? John W. Whitehead (Rutherford Institute) “The government is merely a servant―merely a temporary servant; it cannot be its prerogative to determine what is right and what is wrong, and decide who is a patriot and who isn’t. Its function is to obey orders, not originate …
May 15
Today’s News May 15, 2015
Why Not Tell Greece How To Run A Democracy? Submitted by Raul Ilargi Meijer via The Automatic Earth blog, I know I’ve talked about this before, but it just keeps coming and it keeps being crzay. Bloomberg ‘reports’ that the ‘German Finance Ministry’, let me get this right, “is supporting the idea of a vote …
May 14
America’s Achilles’ Heel
Dmitry Orlov Last Saturday, a massive Victory Parade was held in Moscow commemorating the 70-year anniversary of the surrender of Nazi Germany to the Red Army and the erection of the Soviet flag atop the Reichstag in Berlin. There were a few unusual aspects to this parade, which I would like to point out, because …
May 14
Today’s News May 14, 2015
Chinese Iron Ore Prices Plunge After CISA Warns Of Persistent Overcapacity Having rebounded along with practically every other risk-asset class in the world over the last month or so, Chinese Iron Ore futures are collapsing tonight. Despite the promise of Chinese LTROs expanding credit (just like they didn’t in Europe), iron ore prices are down …
May 13
Greece Is Now Just A Political Issue
Greece paid off the IMF yesterday with its IMF reserves. Is that a big deal? Whatever you may want to read into this, it’s been obvious for years that Greece needs major debt restructuring if it wants to move forward and have a future as a country -let alone a member of the eurozone-. Instead, …
May 13
Today’s News May 13, 2015
Europe Preparing Greek Bankruptcy Loan "In Event Of Grexit" Earlier today, we learned that, contrary to what Greek government officials had been implying for the better part of a week, Athens did not have enough money to make a €750 million payment to the IMF on Tuesday. Instead, Greece borrowed most of the money (€650 …
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