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zerohedge.com / By Tyler Durden / May 22, 2013, 07:39 -0400
We would have been perfectly happy to report this as Humpday Humor, but unfortunately, and only in America, can a disgraced former Congressman, the very appropriately named Anothony Weiner, announce his candidacy for NYC Mayor via YouTube in all too serious news.
Hidden amongst the reams of reports aboutthe Internal Revenue Service (IRS) scandalis one little gem: in his testimony, the outgoing IRS Commissioner Steve Miller said that America’s tax system is “voluntary.”
Now, whatever you do, don’t take that to mean that it is actually voluntary [...]
dollarvigilante.com / By Jayant Bhandari / May 20, 2013
Reminiscent of communist countries, Obama’s photograph greeted me on my arrival at the Los Angeles airport. “Welcome to the United States of America.” Typically when I hear someone say “the United States of America” instead of “America”, my heart starts to beat faster. [...]
streettalklive.com / By Lance Roberts / Friday, May 17, 2013
I have often spoken of the disconnect between Wall Street and Main Street. While asset prices are inflated by continued interventions of monetary policy from the Federal Reserve, boosting Wall Street profits and widening the wealth gap between the top 20% of Americans and the [...]
libertyblitzkrieg.com / By Michael Krieger / May 15, 2013
Elizabeth Warren is one of the few Senators out there pushing to understand why the federal government has created an untouchable class of criminals in America that can do whatever they want whenever they want and, not only get away with it, but also get bailed [...]
freedomoutpost.com / By John Risselada / May 14, 2013
I am having a difficult time figuring out why everyone is so surprised that the IRS was targeting conservative groups, at the exclusivity of everyone else filing for tax exempt status. If you haven’t noticed conservatives have been under full assault for some time from just [...]
dollarvigilante.com / By Jeff Berwick / May 14, 2013
Welcome to the official beginning of the digital age!
When I first heard that the Internet had finally come to fruition in 1994, I could hardly contain my excitement as I’d been waiting for it since I got my first computer in 1981. [...]
Last week, the European Commission voted to place a two-year moratorium on most uses of neonicotinoid pesticides, on the suspicion that they’re contributing to the global crisis in honeybee health (a topic I’ve touched on here, here, [...]
marctomarket.com / By Marc Chandler / THURSDAY, MAY 9, 2013
This Great Graphic comes from Gallup. It surveyed American households and found that the lower percentage of adults own shares since the survey began in the late 1990s.
A little more than half of adults own shares directly, or in a mutual [...]
zerohedge.com / By Tyler Durden / 05/08/2013 21:11
Wall Street got into the single-family home business about a year ago. The win-win idea is to buy and rent until prices increase enough to make selling profitable. Investors can improve neighborhoods by fixing up vacant or damaged properties and providing lower-cost housing to people who [...]
zerohedge.com / By Tyler Durden / May 8, 2013, 10:44 -0400
After the “humiliating” performance from Q4 2012, when Bank of America had a whopping 2 trading loss days out of 61, in has managed to redeem itself in the first quarter of 2012, when not only did it record seven trading [...]
endoftheamericandream.com / By Michael Snyder / May 7th, 2013
College education in the United States has become a cruel joke. We endlessly push our high school kids to invest tens of thousands of dollars and at least four years of their lives to get a college education because they won’t have any sort of [...]
I have spent several hours going back and forth with another person on Twitter trying to help her see that America is a Constitutional Republic and not a Democracy. It didn’t seem to matter to her. Frankly, I’m not sure she grasped the truth. Leftists want [...]
zerohedge.com / By Tyler Durden / May 7, 2013, 13:34 -0400
Today, Rick Santelli spoke to mortgage expert Glenn Schultz in order to glean some truth on the real state of the housing market beyond the simple attempts at headline propaganda, and sure enough he got it off the bat: “less refinancing activity, less turnover [...]
dailyreckoning.com.au / By Bill Bonner / May 6, 2013
Last night, we went out to dinner in Salta. There were six of us…at one of the nicest restaurants in town. We ordered two bottles of Laborum’s cabernet sauvignon. We had beef steaks, dessert and coffee. The bill came to 1,058 pesos.
zerohedge.com / By Tyler Durden / May 6, 2013, 09:29 -0400
Mitt Romney’s net worth of $250 million is well-known by virtually everyone in America: after all, it was the primary campaign offensive used by the Obama team against his presidential challenger in an election run largely down wealth, and social class lines, and whom [...]
zerohedge.com / By Tyler Durden / May 3, 2013, 10:48 -0400
The suicide rate among middle-aged Americans climbed a startling 28% in the last decade as the rates in younger and older people held steady. This period dominated by two stock market crashes, a real-estate crash, and a hyper-repressive Fed sawa stunning 40% surge in [...]
zerohedge.com / By Tyler Durden / 05/02/2013 13:00
Healthy female participation rates in the labor force and in leadership are a reflection of inclusiveness in countries and companies; and as Goldman Sachs recently noted, inclusive institutions lead to more innovation, more enduring competitive advantages and a more efficient use of available resources (capital, physical [...]
zerohedge.com / By Tyler Durden / May 2, 2013, 12:27 -0400
Tuesday’s Case Shiller update index showed something very troubling: as a whole, the US housing market in its broadest sense, has barely budged in the past four years (chart). And yet, what is unmistakable, and what has given many the impression that there is [...]
investmentcontrarians.com / By George Leong / May 1, 2013
George Soros knows a thing or two about making money from big bets. In 1992, Soros made a $10.00 short wager on the British pound and walked away with a billion dollars in profits.
Soros is now convinced Germany needs to rethink its strategy toward [...]
theeconomiccollapseblog.com / By Michael Snyder / May 1st, 2013
The mainstream media is not telling you this, but the truth is that most Americans are steadily getting poorer. The middle class is being absolutely eviscerated, and poverty is soaring to unprecedented heights. The fact that 90 percent of the population is constantly sliding [...]
silverdoctors.com/ By Stewart Thomson / May 1, 2013
By Stewart Thomson:
Quantitative easing is not the same thing as just printing money and pushing it into the banking system. The inventory of marked-to-model OTC derivatives held by commercial banks is gigantic, so it could be many years before serious “cost push” inflation envelops America. The [...]
zerohedge.com / By Tyler Durden / 04/29/2013 18:41
Whether it is due to the recent governmental attempt to enforce assorted gun controlling measures in the aftermath of the Newtown, CT shooting, or, merely driven by the same catalyst that saw a surge in gun sales four years ago, namely the presidential election, one thing is [...]
freedomoutpost.com / By Kelleigh Nelson / April 27, 2013
America is a land of taxation that was founded to avoid taxation.- Laurence J. Peter
America is good, but the government is America’s biggest problem. …a “land of the free” that struggles under the incredible burden of limitless taxes and laws; the home [...]
“When the Fed’s fire hoses started spraying an elephant soup of liquidity injections in every direction and its balance sheet grew by $1.3 trillion in just thirteen weeks compared to $850 billion during its first ninety-four years, I became convinced that the Fed was [...]
freedomoutpost.com / By Fred DeRuvo / April 25, 2013
If the reality hasn’t dawned on you by now, you may well be a leftist.
The truth is that I cannot recall in my lifetime when our government has been so corrupt, so filled with lawless individuals who only think of themselves and not what [...]
theeconomiccollapseblog.com / By Michael / April 24, 2013
The world is heading into a horrific economic nightmare, and an inordinate amount of the suffering is going to fall on innocent children. If you want to get an idea of what America is going to look like in the not too distant future, just check out [...]
caseyresearch.com / By David Stockman / April 24, 2013, 9:58pm GMT
Exclusive Book Excerpt CHAPTER 17 SERIAL BUBBLES
The period between Greenspan’s arrival at the Fed in 1987 and the dot-com crash in early 2000 brought a remarkable change in the finances of American households. Bubble finance supplanted the old-fashioned habits of savings and frugality. [...]
"Why do you collect pieces of paper with drawings of old dead men on them? And why do you give those pieces of paper to gangsters that charge you to protect said paper?" - Mad Mohel
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