By Glen Ford In the second half of his second term, Obama and his crew seek to rewrite the history of his administration. Attorney General Eric Holder now declares that no bank is too big […]
Source Zero Hedge According to GMO’s Jeremy Grantham, the six most important asset bubbles in modern times are the following: Click on the charts to enlarge. And some additional color from the legendary investor: The […]
Today’s AM fix was U.S.D 1,308.50, EUR 939.61 and GBP 772.20 per ounce. Yesterday London was closed for a Bank Holiday. Friday’s AM fix was U.S.D 1,285.00, EUR 927.26 and GBP 761.03 per ounce. Gold […]
By Michael Snyder No, the economy is most definitely not “recovering”. Despite what you may hear from the politicians and from the mainstream media, the truth is that the U.S. economy is in far […]
By Paul Craig Roberts The US economy is a house of cards. Every aspect of it is fraudulent, and the illusion of recovery is created with fraudulent statistics. American capitalism itself is an illusion. All […]
By Prof. John McMurtry The “Ukraine crisis” repeats a script as old as the Cold War. The narrative features rising attacks by corporate states and media on the traditional whipping boy of Russia. As usual, […]
By Pam Martens and Russ Martens: April 28, 2014 It doesn’t get any more Orwellian than this: Wall Street mega banks crash the U.S. financial system in 2008. Hundreds of thousands of financial industry workers […]
Bud Conrad, Chief Economist After World War II, the dollar became the world’s preeminent currency. Convertible to gold at $35 an ounce, it was the backbone of international trade. Foreign central banks used it to […]
By The Automatic Earth Arthur Rothstein Planting beans near Belle Glade, Florida January 1937QE Is A Fraud Perpetrated By Made Men A lot of words are being spent again these days on deflation and […]
by James Howard Kunstler The wonder is that more Americans are not ticked off about the state of our country than whatever is happening ten thousand miles away. For instance, how come the US Department […]
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