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US Congress to cut food stamps by $9 billion
Lawmakers in both chambers of US Congress have reportedly reached a deal to cut almost $9 billion from the food stamp program on which nearly 47 million Americans rely to afford food. The cuts to
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Bank Run Fears: Customers Being Forced to Provide Evidence For Why They Need Cash
In early 2013 the country of Cyprus locked down private banking accounts and restricted access to depositor funds. It was the first widely documented instance of a “bail-in,” as bank officials and European regulators
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Why the US Cannot Be Saved
I receive many emails from well-intentioned and intelligent readers who hold up Iceland as a shining example of what America must do in order to save herself. I agree, in principle with the people
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FEDERAL GOVERNMENT FORCING EMPLOYEES 401K FUNDS INTO TREASURIES?
Those who have been delaying moving their retirement funds out of the system on the account of early withdrawal taxes may want to take notice. If the official 2012 year end notification an SD reader
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19 Numbers Which Prove That Americans Are Angrier And More Frustrated Than Ever
Have you noticed that people are becoming angrier? You can see it everywhere – in our homes, in our schools, in our workplaces, in our television shows, in our movies, and certainly in
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Utah Is Ending Homelessness By Giving People Homes
“In eight years, Utah has quietly reduced homelessness by 78 percent, and is on track to end homelessness by
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Obama to the American People: F@ck Off
The American People Were Right: Obama Won’t Rein In the NSA Americans want NSA spying reined in. But a poll from November showed that only 11% of Americans trust Obama to actually do anything to rein
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The Level Of Economic Freedom In The United States Is At An All-Time Low
Americans have never had less economic freedom than they do right now. The 2014 Index of Economic Freedom has just been released, and it turns out that the level of economic freedom in
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IMF paper warns of ‘savings tax’ and mass write-offs as West’s debt hits 200-year high
Debts problems in developed countries have become excessive by any historical measure and will need a trend of haircuts, warns IMF paper Much of the Western world will need defaults, a savings tax and higher
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The Higher Education Bubble: Student Debts and the Bankers’ New Socially Engineered Trap
According to latest figures from the Nationwide Bureau of Statistics, there is only one job opening for every five college graduate student candidates in America today. In the last 15 years, educational costs in
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How to Address Growing Poverty? More Confiscation by Government
CNN, home to the Army’s Fourth Psychological Operations Group, admits the “war on poverty,” launched 50 years ago this month, is a dismal failure and more People in america than ever are stuck in
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100th Anniversary Of The Federal Reserve: 100 Reasons To Shut It Down Forever
December 23rd, 1913 is a date which will live in infamy. That was the day when the Federal Reserve Act was pushed through Congress. Many members of Congress were absent that day,
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The Hidden Motives Behind The Federal Reserve Taper
“The powers of financial capitalism had (a) far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the
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“The Chinese Don’t Want Dollars Anymore, They Want Gold” – London’s Gold Vaults Are Empty: This Is Why
Today gold slid under $1200 per ounce, dropping to a level not seen in three years. Judging by the price action one would think that gold is not only overflowing from precious metal vaults
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Federal Reserve 100 Years of Failure
Researching economic publications on the first century of the Federal Reserve System provides a wealth of financial information that attempts to explain the way the central bank works. Rarely will the academic studies and
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Recession in 2014: “The Government Will Not Be Able to Save the Economy”
Over the years he has put forth some incredibly astute and accurate analysis about economics, market dynamics, the machinations behind the scenes and what to expect from the global economy. As you’ll see below,
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Three ways the super-rich suck wealth out of the rest of us
The facts are indisputable, the conclusion painful. The wealthiest people in the US and around the world have used the stock market and the deregulated financial system to lay claim to the resources that
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Chris Hedges on ‘The Pathology of the Rich’
Truthdig columnist Chris Hedges discussed “the psychology of the super rich: their sense of entitlement, the dehumanization of workers, and mistaken belief that their wealth will insulate them from the coming storms” with The
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37 Reasons Why “The Economic Recovery Of 2013” Is A Giant Lie
"If you repeat a lie often enough, people will believe it." Sadly, that appears to be the approach that the Obama administration and the mainstream media are taking with the U.S. economy. They
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Your Savings, 401(k), and Retirement Are in Danger
truther February 7, 2014 1“I went to sleep Friday as a rich man. I woke up a poor man. I lost all my money.” That was the tearful lament of 65-year-old John Demetriou, who lives in the fishing
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