When is the economic collapse going to happen?  Just open up your eyes and take a look around the globe.  The next wave of the economic collapse may not have reached Wall Street yet, but it is already deeply affecting billions of lives all over the planet.  Much of Europe has already descended into a deep economic depression, very disturbing economic data is coming out of the second and third largest econom ...

Making a trip to the grocery store these days is like running a gauntlet. From one side you are assaulted by food-like substances in brightly labeled packages, some even touting exaggerated health benefits from the toxins within. From the other side, you are gouged and poked by cleverly marketed “natural” foods that are 4 times the price of conventional foods. When you change directions to avoid one onslaug ...

The highest-paid public employee in many states is almost always a football or basketball coach, but there are a few surprises.   Is your state's highest-paid public employee a collegiate athletic coach? Probably, according to a new Deadspin report that looked at state salary databases and media reports. Deadspin found that the best-paid employees include 27 football coaches, 13 basketball coaches and ...

Massive Unemployment Continues to Build as Fortune 500 Companies Terminate 30,300 Jobs over 12 Months. Over the last 12 months, Fortune 500 companies such as Hewlett Packard (HP), EMC and Cisco have terminated 30,300 jobs globally. The initial lay-offs began with the announcement in CNN Money that HP prepares to announce mass layoffs on May 23rd, 2012. Quoting from the announcement: The layoffs will be “in ...

The House Ways and Means Subcommittee on Oversight has demanded that the IRS provide by Wednesday all communications involving the words "tea party," "conservative" or "patriot." The committee also is demanding the names and titles of all individuals who were involved in targeting conservative non-profit groups for extra scrutiny, CNS reported. The tax-collecting agency admitted on Friday that conservative ...

Center for Economic and Policy Research co-director Dean Baker calls poverty America's "new growth industry." The state of today's America is deplorable. In his latest May 3 analysis, economist John Williams said "April "employment and unemployment data were nonsense: the economy remains in serious trouble." About 23% of Americans wanting work can't find it. Most jobs are temp or part-time low pay/poor or n ...

THOUSANDS of Britons are carrying out DIY dentistry, pulling their own teeth with pliers and using household glue to stick down fillings. Unable to afford soaring charges, almost a fifth of people have all but given up going to their dentist, the Sunday Express has discovered. There has been a surge in sales of dental kits at pharmacies including chemicals to whiten teeth. Experts say that up to 200,000 DIY ...

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the currency of an independent Scotland. Max argues that bitcoin will force the banking system to reinvent itself or die, for what can be more of an invisible hand but a cryptologically guarded, invisible currency. In the second half, Max talks to Glaswegian comedian, Frankie Boyle, about Scottish independence, Boris Johnson, the mai ...

And Many More Covert Wars Without Congressional Oversight … Let Alone Public Knowledge Fire Dog Lake’s Kevin Gosztola notes: Linda J. Bilmes and Michael D. Intriligator, ask in a recent paper, “How many wars is the US fighting today?” Today US military operations are involved in scores of countries across all the five continents. The US military is the world’s largest landlord, with significant military fac ...

Nearly 40,000 homes in Spain have been seized by banks in 2012, due to foreclosures, official data shows. Spanish Guardia Civil members evict a woman from her home in Chovito on the island of Tenerife (Photo: Press TV) he central bank reported on Friday that a total of 39,167 homes were seized last year after homeowners were not able to make payments. The number of evictions was based on a survey of lenders ...