The Federal Reserve Bank Must Be Destroyed

Submitted by Tyler Durden on 03/21/2015 - 20:03
It matters not who is in charge of the Fed or what rules Congress may insist that it adopts. Once money printing, via fiat or fractional reserve credit creation, is seen to be both feasible, justified, and legal nothing and no one can stop it. The political pressure to fund government programs will be irresistible. Everyone knows that the Fed seemingly has the ability to solve their problem by monetizing the federal debt. Should it refuse to do so, we would see riots in the streets similar to what is happening in Europe as protesters target the European Central Bank. The only solution is to destroy the monster that makes it all possible, the Fed.

One Last Look At The Real Economy Before It Implodes - Part 3

Submitted by Tyler Durden on 03/20/2015 - 23:41 In the previous installments of this series, we discussed the hidden and often unspoken crisis brewing within the employment market, as well as in personal debt. The primary consequence being a collapse in overall consumer demand, something which we are at this very moment witnessing in the macro-picture of the fiscal situation around the world. Lack of real production and lack of sustainable employment options result in a lack of savings, an over-dependency on debt and welfare, the destruction of grass-roots entrepreneurship, a conflated and disingenuous representation of gross domestic product, and ultimately an economic system devoid of structural integrity — a hollow shell of a system, vulnerable to even the slightest shocks.



If you believe that ignorance is bliss, you might not want to read this article.

10 Charts Which Show We Are Much Worse Off Than Just Before The Last Economic Crisis

Submitted by Tyler Durden on 03/21/2015 - 21:01

Clinton Foundation’s Deep Financial Ties to Ukrainian Oligarch Who Pushed For Closer Ties to EU Revealed

Submitted by Tyler Durden on 03/21/2015 - 21:48
When I first came across the title to this article, I didn’t think much of it. In fact, I almost didn’t even click the link thinking it was just a repeat of a prior expose I highlighted in the post: Hillary Clinton Exposed Part 2 – Clinton Foundation Took Millions From Countries That Also Fund ISIS. Fortunately, I did decide to take a look and pretty soon my jaw absolutely hit the floor. Although the Wall Street Journal didn’t play up the connection, I was stunned to see that of all the oligarchs connected to foreign governments who donated to the Clinton Foundation while she was Secretary of State, Ukraine was at the very top.

Has The Mighty Dollar Lost Its ‘Halo’???

by Jeff Nielson, Bullion Bulls:
I’m posting here again to cover an item which is what this thread was intended to cover: how (actual/real) “news” causes particular moves in our markets. Of course the reality is that we don’t HAVE “markets”, merely totally rigged casinos.
The Banksters’ Master Program For Manipulating Markets,
The Perversion of Markets, Part IV
Thus what we actually see in these rigged casinos is the One Bank manipulating prices in one direction or another, and then getting its paid propagandists in the Corporate media to invent lies to “explain”/”justify” the price-manipulation we have just seen ex facto. The cause-and-effect relationship of real markets generally no longer exists.
But just because most of the time we don’t see any relationship between (real) “news” and (real) “moves” in these pseudo-markets does not mean that real events will NEVER affect these casinos (apologies for the double-negative). Put in less-convoluted terms; the banksters’ Master Trading Algorithm is omnipotent in bludgeoning markets wherever the One Bank wishes to take them. But it is not instantaneously omnipotent.
Read More @ Bullionbullscanada.com

Spiegel Goes There: "Hitler's Hordes" Respond To Greece, Send The Nazis, And Merkel, To The Acropolis

Submitted by Tyler Durden on 03/21/2015 - 17:16 It was only a matter of time before Germany's peculiar sense of humor struck back to Greek demands for WWII reparations, and sure enough here comes Spiegel with "How Europeans look at the Germans — The German Superiority" or ""The German Übermacht", in which Spiegel decided to send over Merkel coupled with a few nazis right in the middle of the Acropolis.

The Perfect Storm For Oil Hits In Two Months: US Crude Production To Soar Just As Storage Runs Out

Submitted by Tyler Durden on 03/21/2015 - 17:58 At the current rate of record oil production, storage will be exhausted in under two months, some time in mid-May. At that point, with no more storage to buffer the record oil production, the open market dumping begins and prices of WTI will crater as every barrel will have to be sold at any clearing price, since the producers will have no other choice than to, literally, dump the oil. In other words, a perfect storm is shaping up for oil some time in late May, early June. And then we learned something even more startling.

NATO Launches "Wide-Scale" War Games Near Russian Border, Creates "Line Of Troops"

Submitted by Tyler Durden on 03/21/2015 - 19:00 NATO is in the midst of conducting large scale military maneuvers along the Russian border in a move Russian Foreign Minister Sergey Lavrov says encourages “Kiev to pursue a military solution.” Over the course of 10 days, NATO will parade 120 combat vehicles across the region in an effort to prove how quickly the West can confront perceived Russian aggression.

Is Obama The Worst President Ever?

Submitted by Tyler Durden on 03/21/2015 - 16:33 Well that's settled then...

The "Natural Interest Rate" Is Always Positive And Cannot Be Negative

Submitted by Tyler Durden on 03/21/2015 - 15:44 The idea is that savings exceed investment, and that a negative real interest rate is required for bringing savings in line with investment. From the viewpoint of the Austrian school, the notion of a “negative equilibrium real interest rate” doesn’t make sense at all. To show this, let us develop the case step by step. To start with, one should make a distinction between two types of interest rates: There is the market interest rate, and there is the originary interest rate.

Open Letter To Janet Yellen

Submitted by Tyler Durden on 03/21/2015 - 15:14 Dear Chairman,

I would like one member of the FOMC to take the time to tell the American public the truth about the last seven years and monetary policy...

No Longer Quiet On The Eastern Front (Part 2)

Submitted by Tyler Durden on 03/21/2015 - 15:02 In the first part of this series we discussed Greece and its ongoing negotiations with the European Union – particularly with Germany – and how the complicated history between these two countries makes it exceedingly difficult for the Greek people to accept the terms on offer from the EU. This time we will turn our attention north, to a different kind of conflict.  This one has also wrought economic devastation to a European country, but of a much higher intensity.  It is the first civil war that the European continent has seen since the Balkan Wars of the 1990s, when the regional superpower of Yugoslavia was ultimately broken up amidst a series of separatist and independence movements.  Today’s conflict will almost certainly result in a similar outcome for its host country. I’m talking, of course, about Ukraine.  Let’s take a closer look.

Interstellar? Scientist Warns Earth Is Now Halfway To Being Inhospitable

Submitted by Tyler Durden on 03/21/2015 - 13:31 "The planet has been our best friend by buffering our actions and showing its resilience, but for the first time ever," warns Swedish environmental professor Johan Rockstrom, "we might shift the planet from friend to foe." As RT notes, Rockstrom explains there are nine "planetary boundaries" in a new paper published in Science – and human beings have already crossed four of them... Where's Matthew McConaughey when we need him?

Greeks Take It To The Mattresses As Graccident Looms

Submitted by Tyler Durden on 03/21/2015 - 12:50 "That is between December and February €22bn of deposits likely left the Greek banking system and of this €10bn or 45% went under the mattress. What is clear is that the Greek banking system cannot withstand another big wave of deposit outflows."

How The Eurodollar Brought About The Rise Of London Banking

Submitted by Tyler Durden on 03/21/2015 - 12:16 Bankers who took up their business in the Square Mile of London’s banking heart could smell the Eurodollars in the air. As Anthony Sampson wrote, “Young British bankers and their foreign counterparts began to earn higher salaries than other bankers. Skyscrapers shot up by the old classic architecture near St. Paul’s Cathedral. Far Eastern and Arabic banks appeared, as did Mercedes and Cadillacs to cart bankers around the thin London streets.” The Soviet Union and other Eastern Bloc countries needed dollars for trade but wanted to avoid adverse US policy by not keeping or borrowing money in the United States. So they stuck funds in the London offices of British and American banks, causing the City of London to grow as a banking center and recoup some prewar financial glory.

Hedge Funds Exploit Patent Laws To Push Down Biotechs

Submitted by Tyler Durden on 03/21/2015 - 10:15 Thanks to changes in patent laws implemented in 2012, hedge funds can now challenge patents for the bargain price of just $23,000 in a process that is now far more efficient than it once was. Some funds may be employing the strategy to drive down the prices of biotech stocks they're short.

There’s Brussels And Then There’s Real People

Submitted by Tyler Durden on 03/21/2015 - 09:28 There’s only one thing that can save the Union now: for Merkel to show compassion, with the Greeks, and with all other weaker members. And to stop the anti-Greek propaganda, immediately. Or else. It’s nonsense to pretend that this is merely a business issue, as is made clear by Parenteau above: there is very clearly plenty space to negotiate solutions with Greece that preserve everyone’s dignity. Refuse that, and you can kiss the EU goodbye. There’s alot more that plays into this than mere money issues. Ignore that, and you might as well dismantle the Union right now.

Seed Sharing is Illegal in Nearly 30% of US States

Now, planting an organic garden is an act of defiance
by Christina Sarich, Natural Society:
It is time for some outdated, unconstitutional laws to be scrapped. Informally sharing seed with a neighbor who gardens down the street is illegal in multiple states in the US. The penalty for violating this ridiculous law is a fine of up to $7,500 a day. Like so many other senseless laws, this rule needs to be put to rest.
You can’t even give away seeds to someone in your own neighborhood under certain laws. For example, in Minnesota, where seed laws on the books are so laughable that unless you buy an annual permit and submit each lot of seeds for germination testing, you are defying the law. You even have to attach an appropriate label, even if you aren’t sharing the seeds with a local seed sharing library and just want to give them to your daughter-in-law for her new garden.
Read More @ Natural Society

 
 

Money Market Changes and Consequences Begin to Unfold

from Perpetual Assets:
To the attentive eye the operations taking place behind the scenes have clear and obvious agendas. Legal and structural framework is being changed, as if to prepare for something.
Last year the SEC announced changes to money market accounts, effective October 2016, and it is certainly having its effect on the market. Or should I say the market has responded in tandem uniform motion…
Money market accounts are many investors only place to store short term cash when not invested in their investment account. This is where most people ‘wait it out,’ sitting in cash while determining where to invest. They have traditionally been viewed as the safest place to keep your uninvested cash. The funds hold an aggregate $2.7 Trillion – more than enough for another financial system bailout, not including derivatives of course.
Read More @ Perpetualassets.com
image: Wikipedia

Low Hanging Fruit

from The Daily Coin:
Low hanging fruit by definition is “fruit” that is ripe, ready and easy to retrieve, and thus, the most desirable. Our country is filled with non edible low hanging fruit. If we think like a criminal, for just a moment, we will be able to see what the criminals, who are supposedly running this country, see everyday.
Let’s take a look at what is available, ripe and ready for the picking.
Our country is filled with hard working people who have placed their hope, dreams and, most importantly, their wealth, in the hands of people that do not have their best interest at heart. As a matter of fact it is quiet the opposite. In regards to the individuals wealth, the people in charge of our monetary system, the Federal Reserve, have designed a system of debt and enslavement.
Read More @ TheDailyCoin.org

 

FED SPEAK INTERPRETATION 101: HOW TO INVEST INSIDE A COMMUNIST SYSTEM

by Ed Bugos, Dollar Vigilante:
They don’t really teach you how to invest in skool… adding that to countless other important things to know that they don’t want to teach you, like how the money system works, how to use logic, how to think for yourself and self defence.
But, today, I was thinking about what “Investment 101″ in college would be like today.
Aside from the basics of what a stock or bond is and what a dividend or yield is, the most important class in today’s world, if you want to understand what makes markets move, would be “Fed Speak Interpretation 101″. In fact, it wouldn’t even be 101, it’d be a masters or doctorate class as the epitome of understanding the Western markets today.
Read More @ DollarVigilante.com

We’re All Hedge Funds Now

by John Rubino, Dollar Collapse:
As negative interest rates spread from Switzerland, Japan and Germany to the rest of the developed world, people with money to invest face some life-defining choices.
Retirees who need to generate 6% to avoid dipping into principal can’t get there with bank CDs. Pension funds that have promised an 8% return in order to meet obligations to future retirees can’t get anywhere near that with government bonds. Same thing for insurance companies and money market funds, whose business models require positive returns with low risk.
What to do? Well, a retiree can either stop being a retiree — that is, go back to work — or invest a lot more aggressively to meet the required 6% return. That means loading up on equities and junk bonds, either blithely because she doesn’t know what they are (only that they’ve been going up) or with trepidation because she’s aware that every five or so years these things tend to crash.
Read More @ DollarCollapse.com

ISIS Leaks US Military Names, Addresses & Photos, Calls For US Muslims To Slaughter Them

[Ed. Note: We remind our readers to ask, who created and continues to fund ISIS…? America Created Al-Qaeda and the ISIS Terror Group]

from ALL News Pipeline:

China’s AIIB Spells Dollar Demise, Not Clear For Precious Metals

from Gold Silver Worlds:
The Asian Infrastructure Investment Bank [AIIB]. What is it? Yet another political disaster for the Obama administration as it leaves a wide swath of blunder after blunder in massively failed efforts to keep US allies from aligning with China’s newest anti-US, anti- fiat Federal Reserve “dollar, AIIB. It will not just compete with the World Bank, a US- dominated financial entity, the AIIB will logically replace the World Bank in its own Asian sphere of influence.
Obama is pissed, a crass way to express his sentiment but an apt word choice for a crass politician with virtually no international diplomatic skills, and the AIIB amply exemplifies how true this is. The US continues to become more and more isolated through its ongoing war drums beating incessantly as the only viable solution the US has to offer.
Read More @ GoldSilverWorlds.com

George W. Bush: “My Dad Was Meeting with the Brother of Osama on September 11, 2001. Does That Make Him a Terror Suspect?”

by Prof Michel Chossudovsky, Global Research:
Under the anti terrorist legislation adopted in Western countries, a person can be arrested for visiting an “anti-American” or “Islamist” website on the internet.  In the US, habeas corpus has been scrapped, the police can arrest a citizen on mere suspicion of “terror activities” without a warrant. Moreover, under Obama, the practice of “extrajudicial killing” applies to suspected US citizens.   
In Canada, under the clauses of  Canada’s proposed C-51 “Anti-terrorism” Bill, Canadian citizens can be arrested on a mere suspicion:

 Six Muslim young adults stand in front of a mosque late at night in heated discussion in some foreign language. … They may be talking about video games, or sports, or girls, or advocating the overthrow of the Harper government. Who knows? … But the new standard for arrest and detention—reason to suspect that they may commit an act—is so low that an officer may be inclined to arrest and detain them in order to investigate further. … They could act on mere suspicion that an arrest is likely to prevent any terrorist activity. Yesterday, the Muslim men were freely exercising constitutional rights to freedom of expression and assembly. Today they are to be arrested. (Canadian Center for Policy Alternatives,  February 15, 2015) 

Anti-Terrorism Double Standards
Ironically, the anti-terrorist legislation does not apply to politicians in high office, namely to the “State sponsors of terrorism”; nor does it apply to U.S. or Canadian diplomats, intelligence officials, who are routinely in liaison with terrorist organizations in the Middle East. 
Read More @ Globalresearch.com

FOMC is boxed in

by Alasdair Macleod, Gold Money:
The Federal Open Market Committee (FOMC) statement released on Wednesday was notable for deferring interest rate rises to some unspecified time in the future.
This was realistic, given the continuing strength of the dollar, downward revisions to the inflation outlook, and economic weakness in virtually all industry surveys. The Fed’s obvious problem in deferring a rise in interest rates is the continuing improvement in the unemployment statistics. However these are seriously flawed: for example in February housing starts fell sharply due to the bad weather, yet seasonally adjusted non-farm payrolls for residential construction jobs were said to rise by 17,200.
Read More @ GoldMoney.com

 

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