Industrial War Machine Complex – Buy Bitcoin Defeat Corrupt Governments Everywhere!!

1 Million Ohio Public Employees Face Pension Cuts As Another Ponzi Teeters On The Brink

We’ve written frequently of late about the pension crisis in Kentucky where pensioners are facing potentially catastrophic benefit cuts as their politicians finally admit that they’ve been sold a fantasy for decades (see: Pension Consultant Offers Dire Outlook For Kentucky: Freeze Pension And Slash Benefits Or Else). Unfortunately, Kentucky is not unique as there is […]

After 2.5 Years, A Lawsuit To Unseal Draft Whitewater Indictments Against Hillary Gets Its Day In Court

After 2.5 years since its original FOIA request was filed in March 2015, Judicial Watch will finally get its day in court tomorrow to argue for the release of draft indictments of Hillary Clinton from the Whitewater scandal in the 1990s.  As McClatchy points out, since March 2015 Judicial Watch has been engaged in a […]

“No One Knows How To Interpret The Fed” Trader Reflects On Crushed Curve-Steepening Trade

Authored by Kevin Muir via The Macro Tourist blog, Last week I got long the US 5-30 year yield spread (Air Says Get Long Steepeners). I thought the seasonality, combined with a bear move in bonds, would cause some steepening in that part of the curve. Well, I got the bear move in bonds, but […]

Taiwan Cuts Off Fossil Fuels To North Korea

Authored by Zainab Calcuttawala via OilPrice.com, Taiwan will no longer offer its fossil fuels to North Korea, the island announced on Tuesday in a bid to emerge as a responsible member of the international community. Taiwan also said it would immediately halt any remaining clothing and textile imports from North Korea, in line with recent […]

A Look At How Nestle Makes Billions Selling You Groundwater In A Bottle

A few weeks ago we shared with readers a lawsuit filed in Connecticut against Nestle Waters North America, Inc. alleging that the water they marketed as Poland ‘Natural Spring Water’ was actually just bottled groundwater…the same water that runs through the taps of many American households.  Now a new investigation from Bloomberg Businessweek reveals how […]

The Petrodollar Is Under Attack: Here’s What You Need To Know

Authored by Darius Shatahmasebi via TheAntiMedia.org, Once upon a time, the U.S. dollar was backed by the gold standard in a framework that established what was known as the Bretton-Woods agreement, made in 1944. The dollar was fixed to gold at a price of $35 an ounce, though the dollar could earn interest, marking one notable difference […]

Yield Curve Collapse To 10-Year Lows Kills Dow Win Streak (But Banks Surge)

After The Fed, gold is down, the yield curve is collapsing, stocks are clinging on for dear life…   The Dow had a 9 day win streak going in (3rd such streak this year)…But it's over now… (NOTE the ramp into the European close marked the end of the day's gains) – AAPL, PG, and […]

Facebook Will Release 3000 Russia-Linked Election Ads To Congress

After Democratic lawmakers exploded with outrage following Facebook's revelation that it sold some $100,000 worth of political advertising to a Russia-linked organization during the presidential campaign, the social media behemoth has agreed to release some of the 3,000 suspect advertisements that appeared on its platform with Congressional investigators, Politico reports. "After an extensive legal and […]

Dallas School Board Designates Founding Fathers As Having “Confederate Links”

"Just if we saw Confederacy named in it, we then highlighted it" says a school board spokesperson while describing a list which contained Thomas Jefferson, Ben Franklin, and Sam Houston. The Dallas Independent School District is in damage control mode after an internal school board list was obtained by local press which shows schools under […]

VIX Set For Calmest September In History (Despite Nukes, Fed, Quakes, And Storms)

September has seen… More missile tests from a nuclear-capable nation than ever before. The biggest storms ever in America (a quarter of all Atlantic Cat 5 landfalls on record have occurred in the last two weeks). The worst quake in Mexico in over 30 years. US threats to cut China from the global financial system. […]

Yield Curve Flashes Recession Warning In Collapse To 10 Year Lows

Since The Fed unveiled its cunning plan to unwind the balance sheet ever so gradually and in an ever so well-telegraphed manner, the US Treasury yield curve has collapsed! Banks do not care as the yield curve has crashed to its flattest since 2007… In fact, the collapse to just 91bps places the yield curve […]

Five Bitcoin Crashes (And What You Can Learn From Them)

Authored by Darryn Pollock via CoinTelegraph.com, With Bitcoin price reaching a new high of $5,000 recently, and then dumping back down to nearly $3,000, it’s been a wild ride this month. These crashes are part and parcel of the volatile digital currency, and drops of 10, 20, even 40 percent are not that uncommon. Since […]

Are These Two Companies Proof That The Housing Bubble Is Back?

As most people are undoubtedly aware, the whole point of requiring a down payment on a home is to make sure that homeowners have “skin in the game” and to prevent the kind of rampant speculation that undoubtedly comes when banks and other lending institutions make it easier for American gamblers (a.k.a. “real estate investors”) […]

Bay Area Sues Big Oil For Billions

Authored by Irina Slav via OilPrice.com, The cities of San Francisco and Oakland have filed lawsuits against Chevron, Exxon, ConocoPhillips, BP, and Shell for the effect of their activities on climate change: higher sea levels. The cities seek billions in damages to counteract the effects of the changing climate. Reuters quoted San Francisco officials as […]