Economy
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Seemingly violating the claim that America doesn’t negotiate with terrorists and hostage takers, reports have revealed that the Obama administration organized an airlift to transport $400 million in cash to Tehran which coincided with the January release of four Americans taken prisoner by Iran. (Article by Warner Todd Huston) Reports say wooden pallets stacked with […]
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In recent days the body of a 22-year-old girl was found in a car on the parking lot of a Walmart store in Salinas, California. According to Fox News, there are a couple of bizarre twists. First, the attractive young woman – identified as Lauren Jessie Moss – was last seen alive in mid-November. Secondly, and […]
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On May 31, 2016 Drought Monitor reported that 84% of the State of California was in drought, compared to 97% two months earlier. Areas of the once Golden State experiencing exceptional drought (ED-4) had “fallen from 46% to 21% since October of 2015.” But that doesn’t necessarily mean that things are getting better. This drought has been in progress […]
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America could save half a BILLION dollars on Medicare if medical marijuana were legalized nationwide
For years, those of us who have been awakened to the truth have been championing the benefits of medical marijuana and fighting for its necessary — and let’s face it, inevitable — legalization across the United States. For purely financial and political reasons, the federal government has been doing everything in their power to prevent […] -
Statistics show that a global financial crisis is well under way. Stocks are crashing all over the world and it’s best not to bury your head in the sand if you want to survive in the coming catastrophic times ahead. Much has been written on the subject, ever since the 2008 financial meltdown. The house […]
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In a surprising turn of events, Britain recently voted to leave the European Union, which has subsequently sent the world into chaos. The event, known as Brexit, will have considerable effects on not just the economy of the United Kingdom, but of the entire world. Fears that the stock market will soon crash, sending the […]
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For years, liberty-loving Americans have been fighting for cannabis legalization in our country. For almost exclusively financial reasons, the United States government has continuously tried to prevent such from happening. Now that the tides seem to be turning on the legalization issue, many successful corporations have slowly been transitioning into the cannabis industry. In a not-so-surprising […]
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The world’s most famous currency speculator has warned a vote on Thursday for Britain to leave the EU would trigger a bigger and more damaging fall for sterling than the day he forced Britain out of the Exchange Rate Mechanism almost a quarter of a century ago. (Article by Larry Elliott and Jill Treanor, republished […]
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If you were given good advice from a trusted source – someone who was unconstrained and did not have any particular loyalties to anyone or any cause – would you follow it? Because a former Fed banker has just given anyone willing to listen some great advice about how to protect themselves financially against a […]
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The World Economic Forum (WEF) has made the decree: We’re in the midst of a fourth industrial revolution. All those fast food folks fighting for $15 per hour wages are causalities. Here’s how the WEF describes it: “The Fourth Industrial Revolution, which includes developments in previously disjointed fields such as artificial intelligence and machine-learning, robotics, nanotechnology, 3-D printing, and […]
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Experts worry about stock, bond and real estate market excesses. But a bubble is forming that dwarfs them all: in pension plans. Millions of Americans and Canadians who are counting on pension benefits to fund their retirements risk being severely disappointed. (Article by Peter Diekmeyer, republished from https://www.sprottmoney.com/blog/the-pension-bubble-how-the-defaults-will-occur-peter-diekmeyer.html) The hard money community has, of course, been […]
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U.S. and Western left-wing media hate to admit it and, actually, they don’t very often – especially now that an avowed socialist is making such inroads with the American electorate during this presidential cycle – but socialism just doesn’t work, no matter who tries it and no matter how wealthy the nation is. Cuba has […]
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Political activist Mike Davis went to the street, presenting himself as a MSNBC reporter. He made up some insane news; one in particular about a new law called the “white privilege tax” aimed for income redistribution. This “new law” would increase the taxation for white people and share the collected taxes to the programs aimed […]
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America’s fabled middle class – the backbone of the country – is no longer the majority, as of 2015, according to a new study by the Pew Research Center. In the early 1970s, the middle class made up 61 percent of the population. A steady decline since then has led to the current level of […]
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Our top-heavy economy has come to this: One man can move out of New Jersey and put the entire state budget at risk. Other states are facing similar situations as a greater share of income — and tax revenue — becomes concentrated in the hands of a few. (Article by Robert Frank, republished from http://www.nytimes.com/2016/05/01/business/one-top-taxpayer-moved-and-new-jersey-shuddered.html?_r=0) Last […]
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