What will the next financial meltdown look like to the man on the street? Market analyst Lynette Zang predicts, “The Bank for International Settlements (BIS) showed how they would bail in the banks over the weekend. It’s pretty easy to see if you look across the pond to Greece. You will have no access to … Read more
by Pamela Williams I have to give it to Senator Chuck Grassley, he is a man of integrity, and he has been demanding answers from the FBI on the “fake dossier” on Trump for quite awhile now. He is now asking DAG Rod Rosenstein for updates on three active investigations into acting FBI Director Andrew McCabe. … Read more
by Geoffrey Grider NANCY PELOSI, WHO RECENTLY INSISTED SHE’S “WORTH THE TROUBLE” AMID CRITICISMS OVER HER PERFORMANCE AS LEADER, CONTINUED HER BIZARRE BEHAVIOR DURING HER WEEKLY PRESS CONFERENCE AS SHE WAS CONFUSED ABOUT WHAT TIME OF DAY IT WAS, STRUGGLED TO RECALL HER LATEST ACCUSATIONS AGAINST RUSSIA JUST SIX MINUTES LATER, AND AGAIN AWKWARDLY STOPPED … Read more
by Pamela Williams I am now researching the rights of the American Taxpayer. Has any taxpayer fought the IRS and won? In fact, yes! The first case we will discuss is https://www.supremecourt.gov/opinions/11pdf/11-139.pdf The tax code generally allows the IRS to audit three years back, and six in some cases. The U.S. Supreme Court in U.S. … Read more
by David Haggith For the first time in US history a handful of US states is teetering on the edge of bankruptcy. Illinois is about to be downgraded to junk bond status, which will turn its financial problems catastrophic overnight. Illinois cannot possibly pay its accumulated debt, its unpaid medicaid expenses and its future retirement obligations, … Read more
by Geoffrey Grider THE NEW YORK TIMES PLACED A BOMBSHELL OF A CORRECTION AT THE BOTTOM OF A PESSIMISTIC PIECE ON PRESIDENT DONALD TRUMP THURSDAY. EDITOR’S NOTE: Over the past 48 hours, every, single bit of the Trump-Russia collusion narrative has collapsed. Project Veritas has released multiple videos catching CNN employees on video admitting the whole thing … Read more
Under socialized health care, you are government property. The State may allow you some measure of proprietorship over your daily existence, in order to lull you into the sleepy compliance of the contented slave. But there is no doubt who holds the deed. Socialized or “single payer” medicine, a pillar of Marxist political philosophy, establishes … Read more
by Michael Snyder Have you ever wondered why Donald Trump is so deeply hated by the elite? It isn’t because he is a Republican. In fact, there are lots of Republicans out there that the elite absolutely love. The truth is that the reason the elite have such deep animosity toward Trump is because he … Read more
by Mark Angelides President Donald Trump will next week make an official visit to Poland. Whilst many in the Polish government (and the citizens) welcome this visit, the leaders of the European Union are getting worried that it may cause or encourage defiance towards the Brussels Bureaucrats. One EU diplomat is quoted as saying: “One … Read more
by Mark Angelides With the very unfortunate election results for UKIP (12% down to 1.8%), the newly elected leader, Paul Nuttall, has stepped aside. Leadership elections are now getting started, but one of the contenders, Anne Marie Waters (AMW) is already getting a lot of pushback from the party’s National Executive Committee. AMW is a … Read more
by Pamela Williams Senator Alan Simpson (R-Wyoming) needs to get his facts straight about social security. You pay 6.5% as an employee, Your employer pays 6.5%. You pay 1.5% to Medicare, Total 14.5%. If you are self-employed you must pay the 14.5% yourself. How could he say, because senior citizens expect their social security … Read more
by Chris Another financial crisis like 2008 is not likely “in our lifetime.” Oy! Clearly…things are very different now! Continuing on to provide future fodder for economic bloggers: Yellen said the Fed has learned lessons over the years, not merely since the financial crisis but through much of the late 20th and early 21st centuries … Read more
By Michael Snyder The borrower is the servant of the lender, and through the mechanism of government debt virtually the entire planet has become the servants of the global money changers. Politicians love to borrow money, but over time government debt slowly but surely impoverishes a nation. As the elite get governments around the globe … Read more
by Chris Hamilton As the Fed is in the midst of a rate hike cycle, it is important to remember why this cycle is like no previous rate hike cycle. The mechanics of this hiking cycle are completely unique and experimental…thus the outcome is far more of an unknown than “normal”. Why? In a typical cycle, the … Read more
https://www.youtube.com/watch?v=EQTW4q5IyGU http://freebeacon.com/issues/study-tv… More than half of all evening television news coverage of the Donald Trump presidency has been dedicated to discussion of the Russia investigation since the appointment of special counsel Robert Mueller on May 17, according to a new study. The Media Research Center studied every broadcast network evening newscast in the past five … Read more
by Michael Krieger, libertyblitzkrieg.com When I first started this website I didn’t have a plan for monetization. While I certainly believe people should be compensated for hard, useful work, all I wanted to do was read, write and think. The “business side” of running a blog felt like a nuisance and wasn’t something I had … Read more
by Jesse https://youtu.be/o2tkicC0evk “…people believed that everything was going to be great always, always. There was a feeling of optimism in the air that you cannot even describe today.” “There was great hope. America came out of World War I with the economy intact. We were the only strong country in the world. The dollar … Read more
by Mark Angelides Donald Trump announced in an Iowa rally last week that he would be seeking to put in place laws that mean newly arrived migrants would be ineligible for collecting any form of Welfare payments during their first five years in the country. Based on a survey of 1000 people, polling company Rasmussen … Read more
by Mark Angelides There are truths about Black Bloc protestors that have been widely ignored. One is that these are not “grassroots protestors”, they are paid provocateurs whose sole aim is to create violence in a situation where it previously didn’t. And another is the reason why their faces are covered. When these protestors gather … Read more
By Michael Snyder Federal Reserve Chair Janet Yellen is quite convinced that the United States will not experience another financial crisis for a very long time to come. In fact, she is publicly saying that she does not believe that another one will happen “in our lifetimes”. But there are other central bankers that see … Read more
by Michael Snyder Would you like to have a job that gave you 218 days off a year? According to the official calendar put out by House Majority Leader Kevin McCarthy, the House of Representatives will only be in session for 147 days in 2017. And that is actually an increase from last year. In … Read more
by Pamela Williams The House Intelligence Committee met behind closed doors Tuesday with John Podesta, Hillary Clinton’s 2016 campaign chairman, amid complaints by President Donald Trump that the Obama administration didn’t do enough to counter Russian interference in the U.S. election. I am standing beside President Trump, because the DNC broke the law by denying the … Read more
CNN obsessed: 92 percent of airtime on Trump, 96 critics to 7 supporters It’s now getting embarrassing for CNN https://www.youtube.com/watch?v=kSMTi0n8ZHU It’s now getting embarrassing for CNN http://redstatewatcher.com/article.as… https://twitter.com/charliespiering/s… Acosta and CNN arrived to POTUS event in the Rose Garden to find seat placard removed, equipment moved – WH aides scrambled to get them seat — … Read more
by Mark Angelides If one remains open to the possibility that the public is being fed lies, it begs the question of how much we can believe, and if there are any 100% reliable sources. In the US, news agencies like CNN are considered “trustworthy”; most readers here will consider this laughable, but there are … Read more
by FS The following is a summary of our FS Insider podcast with Lawrence McQuillan (see Day of Reckoning for Public Pensions Underway) which can be accessed on our site here or on iTunes here. With several states and local governments across the country facing insurmountable public pension obligations, and a few cities having already declared bankruptcy to cope with the … Read more