Government Evil
NBC correspondent: Obama trying to ‘criminalize journalism’
Network’s White House writer delivers stunning verdict WND.com May 22 2013 The chief White House correspondent for NBC News, which largely has been enthusiastic about Barack Obama’s presidency, has delivered a stunning verdict on the latest moves to come out of the White House administration: It’s trying to criminalize journalism. Wrote Noel Sheppard at... »
US Treasury secretary says he has begun tapping federal retiree pension fund to avoid default
by: MARTIN CRUTSINGER StarTribune.com May 20, 2013 WASHINGTON – Treasury Secretary Jacob Lew said late Monday he will begin tapping into two government employee retirement funds to buy more time before the U.S. Treasury is faced with the prospect of defaulting on the national debt. In a letter to congressional leaders, Lew said that... »
GLOBAL DEPRESSION “Trigger Mechanism”: Collapse of Japanese Govt Bonds – 10-Year Now at 1%!!! Japanese BOND Market Closed – Nikkei DOWN over 1000 POINTS!!! Start of Reflation Bubble Bust?!?!
Investmentwatchblog.com May 23rd, 2013 Japan Bond Yields Spike – 10-Year Now at 1% Japanese government bond (JGB) yields soared to 1 percent on Thursday, their highest level in a year, prompting the Bank of Japan to hold true to its promise of taking action to stabilize an incredibly volatile bond market. Analysts expected the... »
World Bank Insider Blows Whistle on Corruption, Federal Reserve
by Alex Newman TheNewAmerican.com Wednesday, 22 May 2013 A former insider at the World Bank, ex-Senior Counsel Karen Hudes, says the global financial system is dominated by a small group of corrupt, power-hungry figures centered around the privately owned U.S. Federal Reserve. The network has seized control of the media to cover up its... »
Tyranny Around the Corner
by Andrew P. Napolitano LewRockwell.com May 23, 2013 A few weeks ago, President Obama advised graduates at Ohio State University that they need not listen to voices warning about tyranny around the corner, because we have self-government in America. He argued that self-government is in and of itself an adequate safeguard against tyranny, because... »
The Picture Is Not Pretty: Chinese Economy Enters Contraction, Japanese Bond Market Halted At Open, And A ‘Bearish Shooting Star’ Is About To Emerge
Investmentwatchblog.com May 22nd, 2013 Chinese Economy Enters Contraction With First Sub-50 PMI Print Since October For the first time since October 2012, HSBC’s China PMI (Flash) printed at a sub-50 level (49.6) missing expectations (50.4) quite notably. This is the worst two-month drop in 17 months. This is problematic for the PBoC who are... »
Will It Be Inflation Or Delfation? The Answer May Surprise You
By Michael TheEconomicCollapseBlog.com May 22nd, 2013 Is the coming financial collapse going to be inflationary or deflationary? Are we headed for rampant inflation or crippling deflation? This is a subject that is hotly debated by economists all over the country. Some insist that the wild money printing that the Federal Reserve is doing combined... »
The Pentagon Is Wasting Billions Of Dollars Because It Can’t Audit Its Own Contracts
David Francis, The Fiscal Times BusinessInsider.com May 22 2013 The Pentagon’s internal auditing arm charged with ensuring that DOD spends its money properly has a $574 billion backlog – leaving potentially tens of billions of overpayments to contractors on the table. The Defense Contract Auditing Agency, a little-known federal agency with a budget of... »
Why Is the Fed Bailing Out the World … On Our Dime?
WashingtonsBlog.com May 22, 2013 Fed Pours Huge Sums Into Foreign Bank Coffers We noted even before the TARP bailout law was signed into law that bailout moneys could flow to foreign banks. We were right. A large percentage of the bailouts went to foreign banks (and see this). And so did a huge portion... »
Greek Prostitution Soars By 150% As Youth Unempoyment Hits 75% In Some Areas
by Tyler Durden ZeroHedge.com 05/22/2013 With Greece suffering the biggest economic depression in decades, all so a few rich men can preserve their wealth and not have their EUR-denominated savings wiped out (even if the alternative means finally being able to rebalance externally using the Drachma instead of forcing internal rebalancing via unemployment and... »