Friday, April 3, 2015

We’re Now Heading Into The Next Round Of Global Crisis And Total Chaos But There’s A Nightmarish Twist

from KingWorldNews:
Egon von Greyerz: “Eric, the confiscation of money from savers and investors is continuing at an alarming rate. The latest proposal now in Australia is to tax bank deposits. But it won’t stop at that because as desperate governments worldwide increase their deficits and financing requirements, they will announce even more draconian measures against savers…
“I expect governments in the U.S., Europe and Japan, to force savers to invest in government bonds. It will be the same with pension funds and insurance companies. Any surplus within the financial system will be used to finance ever-increasing government debt issuance.
Egon von Greyerz Continues @ KingWorldNews.com


U.S. patriots launch ‘Counter Jade Helm’ protests in 15 states

by J. D. Heyes, Natural News:
A U.S. military exercise involving hundreds of special operations forces including Navy SEALs and Army Green Berets that is set to kick off in a number of states around the country and focus on the South and Southwest is prompting a number of patriot organizations to man up and launch what they describe as a massive “counter surveillance exercise.”
In response to these covert domestic military exercises, activists have launched a Facebook page titled “Counter Jade Helm Exercises” that is hosted by Pete Lanteri, former president of Icon Tactical Industries.
“Since the military wants to infiltrate our towns for practice, then We the Patriots should use this as a counter surveillance exercise!!”
Read More @ NaturalNews.com

FALSE FLAG ALERT: World on Notice as Israel Threatens to Attack Iran over US led Nuke Deal

“Tel Aviv doesn’t need US permission to attack Iran”
from Veterans Today:
Israel says all options including military action are on the table in the face of Iran’s nuclear program.
Israel’s intelligence minister said Tel Aviv would attack Iran if it has no other choice. Yuval Steinitz also said that Israel does not need permission from the United States for military action against Tehran.
Iran has already warned that it will give a crushing response to any aggression on its soil. Israel, the sole possessor of nuclear weapons in the Middle East, has repeatedly claimed that Tehran is seeking arms in its nuclear program. Iran has strongly rejected that as fabricated and baseless.
Read More…

Resistance to Tyranny is Obedience to God

from Washington’s Blog:
Should We Obey Authority … No Matter What?
The U.S. Department of Homeland Security is coordinating with Christian ministers nationwide so that – if the government imposes MARTIAL LAW – the ministers will urge their flocks to OBEY the government.
A number of Christian leaders say that Christians must obey the government … no matter what.   For example, Robert Deffinbaugh – pastor at Community Bible Chapel in Richardson, Texas – says:
Whether the government be totalitarian or democratic, the Christian’s obligation to submit to it is the same.
Read More @ WashingtonsBlog.com



Artist's Impression Of John Kerry's Arrival Back In Washington

Late April Fool?



American Police Killed More People in March Than UK Cops Have Since 1900

from Sputnik News:
Here’s a sobering statistic: police in the United States killed more people in the month of March of this year than British police have in more than 100 years.
The number of fatalities involving the police is at more than 100 in the past month — 111 to be exact — which comes to about three people killed by police each day in the United States.
The White House Task Force on 21st Century Policing issued a report last month recommending that the police focus on tactics that would “de-escalate” a situation to make it less likely that someone would end up getting shot and killed.
Read More @ Sputniknews.com

How Many People Will Have To Migrate Out Of California When All The Water Disappears?

by Michael Snyder, The Economic Collapse Blog:
The drought in California is getting a lot worse.  As you read this, snowpack levels in the Sierra Nevada mountains are the lowest that have ever been recorded.  That means that there won’t be much water for California farmers and California cities once again this year.  To make up the difference in recent years, water has been pumped out of the ground like crazy.  In fact, California has been losing more than 12 million acre-feet of groundwater a year since 2011, and wells all over the state are going dry.  Once the groundwater is all gone, what are people going to do?  100 years ago, the population of the state of California was 3 million, and during the 20th century we built lots of beautiful new cities in an area that was previously a desert.  Scientists tell us that the 20th century was the wettest century in 1000 years for that area of the country, but now weather patterns are reverting back to normal.  Today, the state of California is turning back into a desert but it now has a population of 38 million people.  This is not sustainable in the long-term.  So when the water runs out, where are they going to go?
Read More…



Warren Buffett Is Everything That's Wrong With America

Warren Buffett is revered all over the place, but in reality, he’s the schoolbook example of everything that’s wrong with America. That whole money before and over anything else (including people’s health and well-being) mentality. It makes people stupid, and it makes for stupid people. And sick ones, too. This Tragedy of the Commons abuse is so ingrained in the economy that it’s hard to see how it can be changed. And that does not bode well for anyone except the Warren Buffetts profiteering from it.


Fight Dirty: How to Become a Backyard Garden Guerrilla Even If You’ve Never Grown a Tomato

by Daisy Luther, The Organic Prepper:
Sometimes I think that the next Revolutionary War will take place in vegetable garden battlefields, all across America.
Instead of bullets, there will be seeds. Instead of chemical warfare, there will be rainwater, carefully collected from the gutters of the house. Instead of soldiers in body armor and helmets, there will be backyard guerrillas, with bare feet, cut-off jean shorts, and wide-brimmed hats. Instead of death, there will be life, sustained by a harvest of home-grown produce. Children will be witness to these battles, but instead of being traumatized, they will be happy, grimy, and healthy, as they learn about the miracles that take place in a little plot of land or pot of dirt.
Read More @ TheOrganicPrepper.com

EVEN THE BLS HAS RUN OUT OF BS – RECESSION CONFIRMED

from The Burning Platform:
It sure is lucky those Ivy League educated economists at those Wall Street criminal banks are paid millions per year. How else could we get such accurate forecasts about job growth in the U.S. These mental midgets predicted 245,000 new Obama jobs (bartenders, waitresses, house cleaners, clerks, fry cooks) in March. Even the BLS has run out of bullshit and lies. Those dramatic job increases in January and February were cut by 69,000 jobs. That is a 13% error. If I make a 13% error doing my job, I’d be fired. The BLS government drones have the power to move markets with their bullshit reports. It’s funny how the negative revision is put at the very end of their 2,000 word press release.
Read More @ TheBurningPlatform.com

James Turk & John Rubino: The Crack Up Boom Has Started

from WallStForMainSt:

How Tom Cruise and John Travolta are Controlled by Scientology According to New Documentary

from Vigilant Citizen:
Before airing the two hour documentary Going Clear : Scientology and the Prison of Belief, HBO hired 160 lawyers to fight against the church’s vicious and litigious ways. Considering the contents of the documentary, it is understandable. Going Clear explores the world of Scientology which combines pseudo-religion, pseudo-esoterica, indecent amounts of cash and lots of Hollywood star-power to form one big, powerful, tax-exempt absurdity. The documentary explains how the church’s Hollywood stars are pawns to its grand scheme, how those who go against it are blackmailed and even how “Scientology-approved” wives are groomed to be in a relationship with Scientology stars.
Read More…

Russian Bases Springing up in America’s Backyard!

[Editors Note: Maybe Hodges has been right all-along. MRH]
from Russia-Insider:
With Russia’s new military bases in Manitoba, Ontario, and Bermuda, it is clear that the U.S. is losing the critical base race. Compare the maps to see how vulnerable America has become to Russian aggression. By my count, Russia has leaped ahead, and we can expect nuclear missiles to rain down on us any day, or worse, our school children being forced to drink vodka at lunch so their innocent minds can be ravaged by Tchaikovsky and Tolstoy.

Is The U.S. Government Planning To Unleash This Orwellian Nightmare On Americans?

from Western Journalism:
It seems that while many Americans are by design consumed with hedonism and arguing about genitalia, cakes, and which Kardashian looks the best, our Government has quietly cooked up a forced vaccine program for adults coupled with an E-tracking system for non-compliant Americans.
Sounds like something that Adolph Hitler himself would try to pull off with a population!
Americans need to be on high-alert when it comes to this program, which if instituted will violate so many American rights under the U.S. Constitution it’s hard to know where to start. If we just look at the simplest and most obvious and immediate threat to American citizens, here it is from my chair:
Read More @ WesternJournalism.com

THOUGHT FOR THE DAY

from What Really Happened:
All this was inspired by the principle — which is quite true in itself — that in the big lie there is always a certain force of credibility; because the broad masses of a nation are always more easily corrupted in the deeper strata of their emotional nature than consciously or voluntarily; and thus in the primitive simplicity of their minds they more readily fall victims to the big lie than the small lie, since they themselves often tell small lies in little matters but would be ashamed to resort to large-scale falsehoods. It would never come into their heads to fabricate colossal untruths, and they would not believe that others could have the impudence to distort the truth so infamously. Even though the facts which prove this to be so may be brought clearly to their minds, they will still doubt and waver and will continue to think that there may be some other explanation. For the grossly impudent lie always leaves traces behind it, even after it has been nailed down, a fact which is known to all expert liars in this world and to all who conspire together in the art of lying. These people know only too well how to use falsehood for the basest purposes…” — Hitler Mein Kampf

What Will The Death Of The Great Bakken Oil Field Look Like??

from SRSrocco Report:

Very few Americans realize just how bad the domestic energy situation will become in the next several years.  While U.S. shale oil production has surged over the past five years giving Americans a false sense of energy security, the next five years will certainly destroy this myth once and for all.
Unfortunately, there still seems to be no shortage of articles pushing for U.S. Energy Independence.  One article that provided this author with a good laugh was, Why American Energy Independence Makes Sense.   Here were the two best jokes in the article:
Read More…

China Targets Dollar, Washington Has Conniptions

from Wolf Street:
Now even Israel – joined at the hip to the US though the relationship has run into rough waters – has applied to become a founding member of the China-led Asian Infrastructure Investment Bank. Despite US gyrations to keep them from it, over 40 countries, including bosom buddies Australia, Britain, and Germany, have signed up to join. Japan is still wavering politely.
The US government sees the China-dominated AIIB as competition to the US-dominated World Bank and Asian Development Bank. But now that it is clear even to the White House that the US can’t stop the tide, Treasury Secretary Jack Lew backpedaled vigorously on Tuesday. The government would welcome the AIIB, he suddenly said, as long as certain conditions are met, such as adequate transparency.
Read More @ Wolfstreet.com
image/jpost.com



Japan Admits Fabricating 2014 Wage Growth Data

At this point calling Japan a failed Keynesian banana republic is an insult to banana republics everywhere.



How Liquidity Drives The US Stock Market

A change in liquidity, or the monetary surplus, can also take place in response to changes in economic activity and changes in prices. The effect of previously rising liquidity can continue to overshadow the effect of currently falling liquidity for some period of time. Hence the peak in the stock market emerges once declining liquidity starts to dominate the scene. Based on the peak in liquidity in June 2009 the level of the S&P500 of 2,061 reached so far in March this year could be not far from the top.



Americans Not In The Labor Force Soar To Record 93.2 Million As Participation Rate Drops To February 1978 Levels

So much for yet another "above consensus" recovery, and what's worse it is, well, about to get even worse, because while the Fed keeps baning some illusory drum that slack in the economy is almost non-existent, the reality is that in March the number of people who dropped out of the labor force rose by yet another 277K, up 2.1 million in the past year, and has reached a record 93.175 million. Indicatively, this means that the labor force participation rate dropped once more, from 62.8% to 62.7%, a level seen back in February 1978, even as the BLS reported that the entire labor force actually declined for the second consecutive month, down almost 100K in March to 156,906.




German Bank Sets Precedent: Sues The ECB

In a move presaged by objections from politicians and some smaller EU financial institutions, the German lender L-Bank is suing the ECB in a bid to avoid falling under the central bank’s direct supervision. WSJ calls this "the most radical step by a European bank against ECB supervision [and] highlights the headwinds the ECB is facing from some politicians and smaller lenders in Germany, Europe’s biggest economy."




/

Thursday, April 2, 2015

The Economy is Imploding at a 2008-Pace… and Investors Are Record BULLISH!

Phoenix Capital...
04/02/2015 - 11:56
And against this disastrous backdrop… investors are completely bullish!


If Anyone Doubts That We Are In A Stock Market Bubble, Show Them This Article

by Michael Snyder, The Economic Collapse Blog:
The higher financial markets rise, the harder they fall.  By any objective measurement, the stock market is currently well into bubble territory.  Anyone should be able to see this – all you have to do is look at the charts.  Sadly, most of us never seem to learn from history.  Most of us want to believe that somehow “things are different this time”.  Well, about the only thing that is different this time is that our economy is in far worse shape than it was just prior to the last major financial crisis.  That means that we are more vulnerable and will almost certainly endure even more damage this time around.  It would be one thing if stocks were soaring because the U.S. economy as a whole was doing extremely well.  But we all know that isn’t true.  Instead, what we have been experiencing is clearly artificial market behavior that has nothing to do with economic reality.  In other words, we are dealing with an irrational financial bubble, and all irrational financial bubbles eventually burst.  And as I wrote about yesterday, the way that stocks have moved so far this year is eerily reminiscent of the way that stocks moved in early 2008.  The warning signs are there – if you are willing to look at them.
Read More…




Chaos In Yemen: Chinese Troops Arrive As US-Armed Rebels Set Sights On Central Bank

Yemen descends into chaos as rebels storm the central district in the key port city of Aden (the site of a local branch of Yemen's central bank) while Al Qaeda militants stage raid on a Mukalla prison freeing 300 inmates. Meanwhile, a Saudi soldier was killed along the border while Chinese soldiers arrived to evacuate civilians.




The Tragedy Of The American Farmer, Revealed In A Craiglist "For Sale" Post

"I think $8,900 is a fair price. But if you want to pay more, then that's fine too......... My goodness! Dec corn got slaughtered yesterday...... down another 20 cents after the Planting Intentions report....... Let's make it $8,500 and everyone goes home a winner!"

Is Granting Clemency To 22 Convicted Drug Dealers The Best Use Of Obama's Time?






Rebranding Hillary

The truth will set her free?



Australia Wants To Tax Bank Deposits: Will The US Follow?

If the government of Australia is concerned that their well-capitalized banking system needs a safety net and wants to tax deposits for such purpose, how in the world can we possibly expect the US and Europe, with all of their banking system risk, won’t do the same?

Stocks Jump As Crude's "Deal Or No Deal" Day Sparks Dollar Dump














What De-Leveraging? ECB QE To Drive $600 Billion in New Issuance
The ECB’s €1 trillion plus in asset purchases should drive demand for euro corporate credit as yields on sovereign debt and SSAs are driven relentlessly lower. UBS is now forecasting €600 billion in supply for 2015, up a fifth from last year with up to €140 billion in HY issuance. With liquidity in the secodary market constrained by regulation, does this increase the risk that a tail event could trigger a bond market meltdown? 




Iran "Nuclear Deal" Fact Sheet

In case anyone is curious what today's theater is all about. Because it's not a "deal", it's a "Parameters for a Joint Comprehensive Plan of Action"
 




3 Things: Economic Warning Signs, More Than Just Weather

There are a host of signs as of late, including price momentum and internal deterioration in the financial markets, that suggests the risks are rising. For investors, this is critically important since the majority of major market reversions are coincident with economic recessions. While it is very likely that economic activity will bounce in the second quarter (data does not move in a straight line), it will likely be weaker than currently anticipated.
 


Jim Willie: THE JIG IS UP — Parts I & II

from Perpetual Assets:




Greek defiance mounts as Alexis Tsipras turns to Russia and China

by Ambrose Evans-Pritchard, The Telegraph:
Two months of EU bluster and reproof have failed to cow Greece. It is becoming clear that Europe’s creditor powers have misjudged the nature of the Greek crisis and can no longer avoid facing the Morton’s Fork in front of them.
Any deal that goes far enough to assuage Greece’s justly-aggrieved people must automatically blow apart the austerity settlement already fraying in the rest of southern Europe. The necessary concessions would embolden populist defiance in Spain, Portugal and Italy, and bring German euroscepticism to the boil.
Read More @ Telegraph.co.uk

Clueless In The Middle East

by John Rubino, Dollar Collapse:
Starting with the CIA’s overthrow (and some would say murder) of Iran’s democratically-elected president in the 1950s and continuing through our serial invasions of Iraq and our arming of Al Qaeda and ISIS, American policy in the Middle East has been a textbook case of a superpower with more money than brains, making things vastly worse with every move and counter-move.
Now, at last, people are starting to figure this out. On a recent Daily Show, John Stewart uses some evocative language to illustrate the incoherence of today’s Middle East “policy”.
“The Iran that we’re currently crippling with sanctions and periodically threatening to bomb is now our…I don’t wanna say ally,” Stewart said. “Battle buddy?”
Read More @ DollarCollapse.com

Despite Ever-Expanding Police State Measures, Cops Worse Than Ever At Solving Crimes, Here’s Why

from Alt-Market:
If you were murdered today, there’s only a 60% chance of police catching the person who did it. That number drops to 3% if you’re raped. 50 years ago, that number was much higher. What happened?
Despite overwhelming disapproval from the public, the war on drugs wages on and we are witnessing the inevitable materialization of a fascist police state before us.
The irony here is that no matter how much money the state steals from us to fund themselves, and no matter how many tanks or AR-15s they acquire, they are solving far fewer crimes than before.
Read More @ Alt-Market.com


This Could Be A Game-Changer For The U.S.

by Dave Kranzler, Inevstment Research Dynamics:
Israel applies to become founding member of China development bank (The Asian Infrastructure Investment Bank) – The Telegraph UK
The U.S. Government has unsuccessfully tried to pressure its vassal lapdog allies against joining China’s AIIB. And up until now, Israel had been one of the United States’ closest allies. The AIIB already includes the UK, Germany, France, Italy and Australia. The purpose of the bank is to fund infrastructure development projects across Asia. The bank represents the next step in the economic and social advancement of Asia. It also is indicative of China’s rise as a global superpower.
Read More @ InevstmentResearchDynamics.com

Gov. Brown orders California to become a water police state as region begins reverting to uninhabitable desert

by Mike Adams, Natural News:
For the first time in history, the California government has declared mandatory water restrictions designed to save the state from a water collapse. (But it still won’t work, see below…)
An order went out yesterday from Governor Brown’s office, requiring water agencies to “…implement new pricing models that discourage excessive water use,” reports the LA Times. In other words, your water consumption costs are about to get even higher if you live in California.
The directive aims to reduce water consumption by 25% across the state — an aggressive restriction that clearly qualifies as an emergency reduction goal.
Read More @ NaturalNews.com

Nevada Pushing Legislation to take back State land from the Federal Government

from Off Grid Survival:
Nevada State Assemblywoman Michele Fiore is pushing State bill AB 408, a piece of legislation that will force the federal government to seek state permission before using land in Nevada. The bill will allow county commissions to parcel out state land for commercial use, including land claimed by the U.S. government.
The bill is in part a response to the Federal Government’s illegal raid on the Bundy Ranch last year, where the U.S. Bureau of Land Management suspended the First Amendment on Public Land, closed off 600,000 acres of land to the public, and sent armed government snipers and cattle thieves to seize cattle from the Bundy Ranch.
Read More @ OffGridSurvival.com

The End of American Domination

from The Sovereign Investor:
It goes that a wolf, in one of Aesop’s fables, was passing through a pasture and came upon some shepherds in a hut dining on a haunch of mutton. The wolf approached and said to the shepherds: “What a clamor you would raise if I were to do as you are doing!”
The moral: Men are apt to condemn in others the very things they practice themselves.
Which brings us to the United States government and the hissy fit it’s throwing over the Asian Infrastructure Investment Bank. The affair points, first and foremost, to the hypocrisies endemic in America today. More importantly, it shows that America’s place in the world — and by association, the dollar’s place in the world — is diminishing.  Those who understand this are in position to prepare for what’s to come.
Read More @ TheSovereignInvestor.com

Justice Dept Announces New Rules for Seizing Financial Assets

from The Daily Sheeple:
The Justice Department will place new limits on the government’s ability to seize bank accounts and other financial assets, Attorney General Eric Holder said, adding that criminal charges must be filed or additional evidence uncovered before it can do so.
In a statement on Tuesday, Holder said the new policy would affect the way the government targets companies and individuals suspected of “structuring” bank transactions. Structuring involves purposefully keeping transactions from surpassing a certain threshold so they do not require banks to make a record of them or file a report regarding a possibly suspicious operation. The Justice Department said that in addition to being a crime on its own, structuring is usually linked with other illegal activity.
Read More @ TheDailySheeple.com

Fukushima News: “We Have No Idea What To Do”- Fukushima Top Official

from MissingSky101:



/

Wednesday, April 1, 2015

The Committee To Destroy The World


Now we can see the real tragedy of negative interest rates: they not only have the perverse effect of reversing the flow of time, but they demonstrate that borrowers are not acting with the good faith incentives normally associated with someone who needs money. Rather than paying forward, borrowers are paying backwards because they are effectively trying to return something they don’t want. Such an arrangement renders it impossible for an economy to grow. By destroying the temporal and moral structure of money, negative interest rates destroy the economy. When tomorrow cannot be paid, the current regime must fail. The only question to be determined is the form that failure will assume. This may sound like philosophy but it is cold, hard reality.




Central Banking Refuted In One Blog - Thanks Ben!

Blogger Ben’s work is already done. In his very first substantive post as a civilian he gave away all the secrets of the monetary temple. The Bernank actually refuted the case for modern central banking in one blog. The truth is the real world of capitalism is far, far too complex and dynamic to be measured and assessed with the exactitude implied by Bernanke’s gobbledygook. In fact, what his purported necessity for choosing a rate “somewhere” actually involves is the age old problem of socialist calculation.



A Shocking Admission: "The Federal Reserve Is A Criminal Conspiracy"

"If you’re incompetent, you can’t know you’re incompetent. [...] the skills you need to produce a right answer are exactly the skills you need to recognize what a right answer is."


America Enters Yet Another Unconstitutional War: U.S. Navy Joins Saudi Arabia in Airstrikes Against Yemen

from PressTV News Videos:




Here Is The "Rate Hike Decision" Waterfall Analysis Goldman Gave To The Fed




An Epic Reversal of Fortunes Is Nigh

from McalvanyFinancial:







It's Official: Fed Sees 0.0% GDP Growth In The First Quarter

The Atlanta Fed's GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2015 has been downgraded once again... to 0.0 percent on April 1, down from 2.3 percent on Feb 13th.



For First Time In History, California Governor Orders Mandatory Water Cuts Amid "Unprecedented, Dangerous Situation" 



For the first time in the state's history, Governor Jerry Brown has directed the State Water Resources Control Board to implement mandatory water reductions across California, in an effort to reduce water usage by 25 percent.










Hillary Clinton Caught In Another Lie

Three weeks ago, when Hillary Clinton was scrambling to come up with a credible lie to explain why she was using a personal server for email distribution - one that was not US government property and thus exempt from official FOIA requests - she said during a press conference at the United Nations that the reason was simple: it was simply a matter of "convenience" of carrying just one device."when I got to work as secretary of State, I opted for convenience to use my personal email account, which was allowed by the State Department, because I thought it would be easier to carry just one device for my work and for my personal emails instead of two." As it turns out she lied. Again.


Chinese Retail Investors Open Enough Brokerage Accounts In March For Every Man, Woman, and Child In LA

Inexperienced, uneducated "investors" piling in by the millions, preposterous margin debt, and a relentless rally. What could go wrong?




Clintons Unveil Official 2016 Hillary Campaign Button

Not an April Fool?




Grandson Of Oil Tycoon J. Paul Getty Found Dead, "Traumatic Injury To Rectal Area" Alleged Source Of Death

In a story which we initially thought was an early April fool's prank, but subsequently turned out to be all too real, and all too tragic, yesterday afternoon Andrew Rork Getty, the 47-year-old grandson of oil tycoon J. Paul Getty who once was the richest living man in the world and member of the Getty trust, was found dead at his Hollywood Hills home, the latest chapter in a saga involving the Getty family which has seen kidnappings (including a tax-deductible ransom payment), mutilations, drug use and now, allegedly, murder.





The Two Most Important Numbers Of The First Quarter

Now that the Atlanta Fed has determined that the US economy did not grow in the first quarter of the year - because, well,  it snowed - even though said snow did not prevent the US from raking up $100 billion in public debt through March 30 (and likely much more, however since the US has again hit its debt ceiling we won't know the real level of US debt until some time in October), we can formally summarize the two most important changes in the US economy in the first three months of the year. Here they are.





Iceland Stuns Banks: Plans To Take Back The Power To Create Money

Who knew that the revolution would start with those radical Icelanders? It does, though. One Frosti Sigurjonsson, a lawmaker from the ruling Progress Party, issued a report today that suggests taking the power to create money away from commercial banks, and hand it to the central bank and, ultimately, Parliament.
 




Goodbye FICO, Hello FAKE-O: Behold The Banks' Brilliant "Plan" To Lend To Deadbeats

When gaming the old score wasn't sufficient to expand the pool of elligible borrowers, creativity was necessary. The result: an entirely new score is born...
 


'Mysterious' Last-Second Buying-Panic Saves S&P From Red Close For 2015



 





"Wall Street Chief Economists" Explained For Dummies



 







5 Truly Crazy Assertions From Jamie Dimon's Barron's Cover Story

Barron’s should have published its gushing cover story on Jamie Dimon’s stewardship of JPMorgan todayas an April Fool’s joke.
  




The "Mysterious" Source Of Surging Demand For GM Cars, Revealed

With both channel stuffing and subprime out of the window if only for the time being, GM, whose China sales are falling off a cliff, had to come up with some urgent source of end demand. And thanks to recently disclosed data, we now know that "once a Government Motors, always a Government Motors", because just the first quarter of 2015, the average annual increase in sales to Uncle Sam, aka the Government was a whopping 24%, just  about 100% higher than GM's headline rate of sales increase!
 


Koskinen Says IRS Has Eliminated Backlog of Tax-Exempt Applications

by Susan Jones, CNS News:
The IRS has eliminated the backlog of applications from groups seeking nonprofit status, Commissioner John Koskinen told a gathering in Washington on Tuesday.
But a conservative civil liberties group says “the facts show otherwise.”
The American Center for Law and Justice said two of its clients are still awaiting a determination on their applications for tax-exempt status — and one of those groups (the Albuquerque Tea Party) has been waiting for more than five years. “The IRS continues to target this group and other Americans to this day,” said the ACLJ. At the National Press Club on Tuesday, IRS Commissioner Koskinen suggested that the backlog of applications for non-profit status was the result of volume, not political bias against conservatives before the 2012 election.
Read More @ CNS News.com:
 

“Hate Speech”: YouTube Deletes Viral Anti-Feminist Video

by Steve Watson, Infowars:
A viral anti-feminist video which showed men defending themselves against violent assaults by women was controversially deleted after YouTube deemed the video to be a form of “hate speech”. Uploaded by a YouTube user called RedPillPhilosophy, the video received over 1.1 million views and over 9,000 likes on YouTube alone before it was taken down.
The clip showed numerous instances of women attacking men and men defending themselves in an effort to make the point that feminists don’t truly believe in “gender equality”.
“All the video ever did was document people defending themselves against bullies, aggressors (and) violent people,” commented the uploader, noting that the idea we live in a “patriarchy” is discredited if men defending themselves against violence was considered to be “hate speech”.
Read More @ Infowars.com


More Unofficial Capital Controls: PFIC Rules

from International Man:
It ranks at the very top of potential tax nightmares, especially if you invest internationally.
This nightmare could become a reality if you happen to invest in what the IRS deems a Passive Foreign Investment Company (PFIC), which are taxed at exorbitant rates and have highly complex reporting rules. Most foreign mutual funds are PFICs, as are certain foreign stocks.
It’s not illegal to invest in a PFIC, but practically speaking, the costs of doing it are so incredibly onerous that it’s prohibitively expensive in the vast majority of cases.
Read More @ InternationalMan.com


WHAT ARE YOUR ODDS OF SURVIVING IN A FEMA CAMP?

by Dave Hodges, The Common Sense Show:
Most of us have seen the images as America descends into a new level of tyranny under the cloud of Jade Helm 15 (JH 15) as the loyal American states of Texas and Utah are declared to be “hostile” states.
Are you ready for the coming tyrannical crackdown and the complete evisceration of our constitutional liberties? Have you taken the proper precautions that will ensure the safety of you and your family? It is not likely that very many of us have taken any meaningful steps to maximize our chances for survival in what will prove to be humanity’s darkest days. Do you have what it takes to survive in a re-education camp?
Read More

San Diego SUES Monsanto For Poisoning Environment & Wildlife With Toxic Chemicals

by Melanie Grimes, Natural News:
The city of San Diego, California recently initiated a lawsuit against Monsanto, home of GMO-produced foods, dangerous chemicals such as glyphosate and of course, denial.
The lawsuit was filed in federal court claiming that Monsanto is polluting the San Diego Bay. Officials from San Diego allege that chemicals, including polychlorinated biphenyls (PCBs), have been found in both water samples and in the tissues of marine life living in the area. The complaint also alleges that these Monsanto chemicals, some of which were banned over 30 years ago, are still active in the city’s waterways.
About San Diego’s lawsuit against Monsanto: The lawsuit claims that the contamination by Monsanto’s PCBs “affects all San Diegans and visitors who enjoy the Bay, who reasonably would be disturbed by the presence of a hazardous, banned substance in the sediment, water, and wildlife.”
Read More @ NaturalNews.com

The Biggest Threat To American Liberty

from The News Doctors:
George Washington pointed out, “Overgrown military establishments, which under any form of government, are inauspicious to liberty, and which are to be regarded as particularly hostile to Republican Liberty.
Wise words by the father of our country, but ones, unfortunately, rejected by modern-day Americans, who love and idolize the enormously overgrown military establishment that now characterizes our federal governmental system.
Eastern Europeans are getting a gander at America’s overgrown military establishment. Yesterday, the New York Times reported that a huge contingent of U.S. military forces is winding its way through Eastern Europe as some sort of good-will tour and also to serve as a message to Russia that the United States is ready to go to war to protect Eastern Europe from Russia’s aggressive designs.
Read More @ TheNewsDoctors.com


/