By Andre Damon and Barry Grey Global Research October 29, 2013 Food assistance benefits for over 45 million Americans will be slashed starting this Friday, in the first-ever nationwide reduction in benefits under the US government’s Supplemental Nutrition Assistance Program (SNAP), popularly known as food stamps. The cuts total $11 billion over the next... »
Archive for October 29th, 2013
Cutting Food Stamps for Over 45 Million Americans: The Ruthlessness of the American Ruling Class
Hedge Funds Just Unloaded The Most Stock Since December 2008
MATTHEW BOESLER BusinessInsider.com Oct. 29, 2013 BofA Merrill Lynch equity strategists report data on what their clients are doing in the U.S. stock market on a weekly basis. Last week, BAML’s hedge fund clients unloaded the most stock since 2008, while institutions and retail clients were net buyers. In a note to clients, BAML... »
Stock Market Is In The Danger Zone – Risk of 1998-style Asian Crisis, Retail Gas Prices, Major Bank Slashed US GDP Forecasts, Apple Reports Lower Profit
Investmentwatchblog.com October 28th, 2013 The S&P 500 moves into the danger zone Well, this past week, we saw the AAII Investor Sentiment registering only 17.6% bearishness, whereas the long-term average is 30.5%. Furthermore, we may be seeing evidence that the Russell 2000 and the financials, represented here by the Select Sector SPDR-FinancialXLF -0.10% ,... »
NBC: Obama Administration Knew Obamacare Would Terminate Half Of Individual Plans
Prison Planet.com October 29, 2013 The Obama administration knew as early as 2010 Americans who liked their current health insurance plans may not be able to keep them, NBC Nightly News reports. From the report: Our sources deeply involved in the Affordable Care Act tell NBC NEWS that 50 to 75 percent of the... »
SNAP: 3 Big Changes Coming November 1st
By Live Free or Die BeforeItsNews.com Monday, October 28, 2013 Will November 1st bring food stamp/EBT riots to America this coming Friday? This story from Dean Lautermilch shares with us three big changes that are coming this Friday to the SNAP program and shares with us that considering the recent near riots that occurred... »
Even Liberals Are Calling Obama’s NSA Defense ‘Pathetic’
The New York Times Shreds The Obama Administration As ‘Pathetic’ On NSA Spying BRETT LOGIURATO BusinessInsider.com OCT. 29, 2013 The New York Times editorial board ripped the Obama administration as “pathetic” in its defenses and assurances on revelations about National Security Agency spying on foreign leaders and citizens of close world allies. President Barack... »
EU Set to Monitor “Intolerant” Citizens
Controlling social behavior: Proposal could ban criticism of Islam, feminism Paul Joseph Watson Prison Planet.com October 29, 2013 A frightening proposal currently being considered by the European Parliament would direct governments to monitor citizens deemed “intolerant” and could even lead to a ban on all criticism of Islam and feminism. The European Framework National... »
Head Of World’s Largest Asset Manager Says Taper “Imperative” To End “Bubble-Like Markets”
by Tyler Durden ZeroHedge.com 10/29/2013 JPMorgan, Pimco, and now BlackRock, the world’s largest asset manager, all join the bubble warning chorus. From Bloomberg: FINK SAYS IT’S “IMPERATIVE” THAT THE FED BEGIN TO TAPER FINK CALLS MARKET `OVER-ZEALOUS’ FINK SAYS THERE ARE “REAL BUBBLE-LIKE MARKETS AGAIN” So… when the three largest banks/asset managers in the... »
Screen Traded Fiat Gold Could Get a Violent Wake-Up Call
GoldCore GoldSeek.com Tuesday, 29 October 2013 In the Financial Times, veteran financial journalist and gold watcher, John Dizard noted the increasing strain in the physical gold market and detailed how that should lead to much higher gold prices. “Something is unsettling the animals in the forest of the gold market. Usually there is a... »
Last U.S. Lead Smelter to Close in December Due to EPA – Might Affect Ammo Production
BY DAN CANNON Gunssavelives.net OCTOBER 28 2013 According to the NRA-ILA, the last primary lead smelter in the United States will close down its operation in December. This means the US will lose its capability to produce lead ammo completely within its borders from the process of mining to production of commercial cartridges. Here... »