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Welcome To The Age Of The Information-Industrial Complex

Authored by James Cobett via The Corbett Report, When WWII ended and the American deep state welded the national security establishment into place with the National Security Act, the world entered into a new era: the era of the military-industrial complex. But when the Cold War ended and the “Clash of Civilizations” became the new […]


The Deep State’s Christmas Present To America: Surveillance That Never Ends

Authored by John Whitehead via The Rutherford Institute, Just in time for Christmas, the Deep State wants to give America the gift that keeps on giving: never-ending mass surveillance. I’m not referring to the kind of surveillance carried out by that all-knowing and all-seeing Jolly Old St. Nick and his informant the Elf on the […]


Did NBC Push An Unfounded Conspiracy Theory On Behalf Of CIA?

Authored by Wayne Madsen via The Strategic Culture Foundation, Retired National Security Agency (NSA) chief technology officer William Binney is being branded as a "conspiracy theorist" by corporate media outlets, most notably, the Comcast-owned National Broadcasting Corporation, for co-authoring a controversial memo issued this past summer by a group of former intelligence officers – Veteran […]


The Biggest Ponzi In Human History

Authored by Raul Ilargi Meijer via The Automatic Earth blog, Here’s the story in a nutshell: Ultra low interest rates mark a shift away from people’s wealth residing in their savings and pension plans, and into to so-called wealth residing in their homes, which are bought with ever growing levels of debt. When interest rates […]


Renting In The US Has Never Been More Unaffordable

Over the weekend, when looking at the record high ratio in median new home sale prices to household incomes in the US, we concluded that US homes have never been more unaffordable for the average American.   What about renting? Isn’t it intuitive that if buying a house has never been more expensive, then at […]


NYU’s ‘Dean Of Valuation’: Bitcoin’s Not A Fraud, It’s A Currency

Aswath Damodaran, a professor of finance at the NYU's Stern School of Business, disagrees with JPMorgan Chase CEO Jamie Dimon that bitcoin is a "fraud," and explains that, in his view, the cryptocurrency is a currency rather than an asset in a new blog post. Often referred to as Wall Street's "Dean of Valuation," Damodaran […]


Bombshell NSA Memo: Saudi Arabia Ordered Attack On Damascus International Airport With US Knowledge

The Intercept has just released a new top-secret NSA document unearthed from leaked intelligence files provided by Edward Snowden which reveals in stunning clarity that the armed opposition in Syria was under the direct command of foreign governments from the early years of the war which has now claimed half a million lives. The US […]


Censorship In The Digital Age

Authord by Jason Hirthler via CounterPunch.org, The grand experiment with western democracy, badly listing thanks to broadsides from profiteering oligarchs, may finally run ashore on the rocks of thought crime. In the uneven Steven Spielberg project Minority Report, starring excitable scientologist Tom Cruise, Cruise plays a futuristic policeman who investigates pre-crimes and stops them before […]


Tech Vs. Trump: The Great Battle Of Our Time Has Begun

Authored by Niall Ferguson via The Spectator, Social media helped Donald Trump take the White House. Silicon Valley won’t let it happen again… In the 1962 Japanese sci-fi classic King Kong vs Godzilla, the two giant monsters fight to a stalemate atop Mount Fuji. I have been wondering for some time when the two giants […]


The Donald Can’t Stop It…

Authored by MN Gordon via The Economic Prism blog, The Dow’s march onward and upward toward 30,000 continues without reservation.  New record all-time highs are notched practically every day.  Despite yesterday’s 31-point pullback, the Dow’s up over 15.5 percent year-to-date.  What a remarkable time to be alive. The President, Donald Trump, is pumped!  As Commander […]


Is Saudi Arabia’s Grand Strategy Shifting?

Authored by Andrew Korybko via Oriental Review, Even in this era of global paradigmatic changes, Saudi Arabia’s shifting grand strategy is perhaps one of the most surprising developments to occur thus far, but the fast-moving Russian-Saudi rapprochement is likely to provoke an Iranian “zero-sum” reaction which could complicate Moscow’s multipolar efforts in managing the “New […]


Janet Yellen’s 78-Month Plan For The National Monetary Policy Of The United States

Authored by Economic Prism's MN Gordon via Acting-Man.com, Past the Point of No Return Adventures in depravity are nearly always confronted with the unpleasant reality that stopping the degeneracy is much more difficult than starting it.  This realization, and the unsettling feeling that comes with it, usually surfaces just after passing the point of no […]


Wikileaks Publishes “Spy Files Russia” Detailing Russia’s Mass Surveillance System

Perhaps in an attempt to refute recurring allegations that it has traditionally focused on exposing only US state secrets, if not being an outright covert and subversive Moscow front, today Wikileaks released a new cache of documents which it claims detail surveillance apparatus used by the Russian state to spy on Internet and mobile users. […]


America Is Going Broke At Mach 30 “And No One Cares”

Authord by MN Gordon via EconomicPrism.com, “No one really cares about the U.S. federal debt,” remarked a colleague and Economic Prism reader earlier in the week.  “You keep writing about it as if anyone gives a lick.” We could tell he was just warming up.  So, we settled back into our chair and made ourselves […]


“Markets Are Wrong”: Hugh Hendry Shuts Down His Hedge Fund; Here Is His Farewell Letter

In the beginning, Hugh Hendry was the consummate contrarian bear, which helped him make a killing a decade ago when everyone else was blowing up. Unfortunately for him, he did not realize just how far the central planners were willing to take their monetary experiment, so after the market troughed in 2009, he kept his […]