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King of Debt Seeks Presidency

King of Debt Seeks Presidency

By: Peter Schiff   During a lengthy interview on CNBC the week before last, Donald Trump, fresh from becoming the presumptive Republican nominee, came as close as any major presidential contender ever has to saying that America is not capable of repaying her debts in full, and that our path to economic recovery might involve some […]

Dishonoring Harriet Tubman

Dishonoring Harriet Tubman

By Thomas L. Knapp When Harriet Tubman died in in March of 1913, the US $20 bill bore George Washington’s portrait and the inscription “THIS CERTIFIES THAT THERE HAVE BEEN DEPOSITED IN THE TREASURY OF THE UNITED STATES OF AMERICA TWENTY DOLLARS IN GOLD COIN PAYABLE TO THE BEARER ON DEMAND.” Later that year, Congress […]

In Voicemail, Bank Says It No Longer Lends to Firearms Dealers

In Voicemail, Bank Says It No Longer Lends to Firearms Dealers

By Kelsey Harkness The stories of two businessmen who recently were denied banking services because they sell firearms suggest a secretive government program called Operation Choke Point still affects industries across the nation that the Obama administration considered undesirable. In one case, a large bank in New England denied a line of credit to a […]

Why do the U.S. and EU REALLY want to eliminate high denomination currency?

Why do the U.S. and EU REALLY want to eliminate high denomination currency?

By George Miller The U.S. eliminated large bills years ago. The Franklin – $100 bill is now the largest. But, now they want to ban those and go down to $20 bills. The largest EU (European Union) bill is €500 (Euros) and they want to drop that down to €100. The only problem is that […]

What Does The Federal Reserve Have to Hide?

What Does The Federal Reserve Have to Hide?

. . By Thomas L. Knapp Over the years, dissidents in Congress (notably including former US Representative Ron Paul and current Republican and Democratic presidential contenders Rand Paul and Bernie Sanders) have periodically proposed legislation to audit the Federal Reserve. The legislation is always rejected and, when it gets any significant attention at all, roundly […]

Federal Reserve boosts lending rates for first time under Obama

After one of the longest wind-ups in monetary policy history, salve the Federal Reserve on Wednesday delivered a small brushback pitch to the American market, hospital raising its key lending rate by a quarter of a percentage point for the first time in nine years. The decision, meant to head off future inflationary pressure as […]

2015: The Last Christmas in America

2015: The Last Christmas in America

Two authors are predicting hard times for America and the world. Most past predictions have not been borne out, but a few were right about 2008 By Charles Hugh Smith, November 30, 2015 The game of enabling more debt by lowering interest rates and loosening lending standards is coming to an end. If we define Christmas as […]

DONALD LAMBRO: Fed keeps rates low in sign of faltering economy

DONALD LAMBRO: Fed keeps rates low in sign of faltering economy

  You could almost see the assembled press corps’ faces drop when the Fed’s Open Market Committee said it wanted to see “further improvement” in the U.S. labor market before raising interest rates. For months, these economic reporters have been telling us that the Obama economy was stronger than ever and that we were in […]

Ben Bernanke’s Money

Ben Bernanke’s Money

By Chip Bok, Bokbluster.com   Editor’s note: Chip is one of our new writers- a talented cartoonist as well as political commentator. He was out here in SoCal this week attending an editorial board meeting for Investor’s Business Daily. People like this don’t work for free, so would you help us with our new trial Adopt-a-Reporter […]

Glaring “Quantitative Easing” Failure Spotted- What does THAT mean?

Glaring “Quantitative Easing” Failure Spotted- What does THAT mean?

By: Jim Willie CB, GoldenJackass.com Editor’s note: This should disturb anyone with financial/macroeconomic knowledge and common sense. We are told that the economy is “recovering,” but is it merely being propped up by doubling down on a losing bet?  You probably have not seen this in mainstream news or financial reports.  Hardly anyone reads the obscure […]

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