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Moody’s: US Faces Downgrade Without Budget Deal

U.S. policymakers must address debt loads projected to rise later this decade to avoid a 2013 downgrade, even as the latest budget projections are “credit positive,” according to Moody’s Investors Service. The U.S. budget deficit will drop to $378 billion in 2015 from a record $1.4 trillion in 2009, according to Congressional Budget Office data. The federal government will post a $642 billion deficit this y ...

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IN DEMAND: No Bear Market In Gold

You know that gold bear market that the financial press keeps touting? The one George Soros keeps proclaiming? Well, it is not there. The gold bear market is disinformation that is helping elites acquire the gold. Certainly, Soros himself doesn’t believe it, as the 13-F release issued by the Securities and Exchange Commission on May 15 proves. George Soros has significantly increased his gold holding by pur ...

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DISCONNECT: Soaring Markets/Troubled Economies

Forget everything you learned about markets, economics and finance. Perhaps Newton, Galileo, Copernicus, Darwin, Freud, Einstein, and other noted figures were wrong. Central banks run today's world. Major ones matter most. Money printing madness controls everything. Love doesn't make the world go round. Liquidity-driven markets reflect the power of bankers to do it. They're more powerful than standing armie ...

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10 AMAZING CHARTS THAT Demonstrate The Slow, Agonizing DEATH OF THE AMERICAN WORKER

The middle class American worker is in danger of becoming an endangered species.  The politicians are not telling you the truth, and the mainstream media is certainly not telling you the truth, but the reality is that there is nothing but bad news on the horizon for workers in the United States.  In the old days, when the big corporations that dominate our society did well, that also meant good things for A ...

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8 COLLEGE DEGREES W/ The WORST RETURN ON INVESTMENT

What's more expensive than going to college? Until recently, the answer was easy: not going to college. Numerous studies over the years have shown that individuals with college degrees significantly out-earn those with high school degrees by $1 million or more over the course of a lifetime. But as the cost of education increases faster than inflation and the economy remains relatively weak, people are begin ...

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WHILE YOU STRUGGLE TO EAT: ELITE SET RECORD WITH $450,000,000 ART AUCTION

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/007144de-be3c-11e2-9b27-00144feab7de.html#ixzz2TaQ2exrc Christie’s in New York made auction history after it sold $495m of co ...

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COLLAPSE: 10 Amazing Charts That Demonstrate The Death Of The American Worker

The middle class American worker is in danger of becoming an endangered species.  The politicians are not telling you the truth, and the mainstream media is certainly not telling you the truth, but the reality is that there is nothing but bad news on the horizon for workers in the United States. In the old days, when the big corporations that dominate our society did well, that also meant good things for Am ...

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BUGGING OUT vs HUNKERING DOWN

The very idea of leaving the security of your home to “bug out” to the woods has never sat well with me – In nearly every instance it’s better to hunker down or “bug in” than to bug out. I mean, why leave the safety and familiar surroundings of your home, for the open and unforgiving wilderness. For many people this is their first line of preparation against disaster, unfortunately, most will end up joining ...

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SENATE SUBCOMITTEE INVESTIGATING APPLE’S Offshore Tax Practices, TURNS BLIND EYE TO SLAVE LABOR

In lieu of the recent IRS scandal it might seem a little like a case of the pot calling the kettle black. Nevertheless, it looks like Apple CEO Tim Cook will be appearing in front of the Senate Permanent Subcommittee on Investigations on Tuesday, May 21, to explain why the company is borrowing money to pay investors when they have $102 billion in offshore funds. As of March 2013 Apple reported having a tota ...

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