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ROTHSCHILD MINION: Krugman Passing Up Job In Banking Cartel… Which He Was Never Offered!!

In a blog post on the New York Times website, columnist Paul Krugman says no to serving as treasury secretary. Which is funny because he was never offered the job anyway.     "Yes, I’ve heard about the notion that I should be nominated as Treasury Secretary. I’m flattered, but it really is a bad idea," writes Krugman. The first reason Krugman lists is, he admits, that he's "indeed the World’s Wors ...

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Large Cities All Over America Are Degenerating Into Gang-Infested War Zones

Large U.S. cities that the rest of the world used to look at in envy are now being transformed into gang-infested hellholes with skyrocketing crime rates. Cities such as Chicago, Detroit, Camden, East St. Louis, New Orleans and Oakland were once bustling with economic activity, but as industry has fled those communities poverty has exploded and so has criminal activity. Meanwhile, financial problems have ca ...

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COLLAPSE: DEMS SEEK $1,000,000,000,000 TAX HIKE!!

Democrats say they want to raise as much as $1 trillion in new revenues through tax reform later this year to balance Republican demands to slash mandatory spending. Democratic leaders have had little time to craft a new position for their party since passing a tax deal Tuesday that will raise $620 billion in revenue over the next 10 years. The emerging consensus, however, is that the next installment of de ...

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The Middle Class Has Been Saved – Or Has It?

Long live the middle class now that it has survived the fiscal cliff and been “saved.” President Obama is basking in the glory of having averted the deepening of a crisis that is more structural than political and hardly resolved. The markets are cheering, it is said, because markets love stability, unless there is money to be made off of volatility of their own making. Forget the working class. The term is ...

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It’s Back – Texas In Toll Road ‘Super Highway’ Deal With Spain

Believe it or not, the Trans-Texas Corridor is back. Very quietly, Gov. Rick Perry and the Texas Department of Transportation, or TxDOT, signed in October a comprehensive development agreement to construct a toll-road redevelopment of Interstate 35 north of downtown Fort Worth. TxDOT signed the 50-year deal with NTE Mobility Partners Segments 3 LLC, a U.S.-based wholly-owned subsidiary of Cintra, the Spanis ...

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Welfare recipients take out cash at strip clubs, liquor stores and X-rated shops

They’re on the dole — and watching the pole. Welfare recipients took out cash at bars, liquor stores, X-rated video shops, hookah parlors and even strip clubs — where they presumably spent their taxpayer money on lap dances rather than diapers, a Post investigation found. A database of 200 million Electronic Benefit Transfer records from January 2011 to July 2012, obtained by The Post through a Freedom of I ...

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The Depression Continues Despite the Smoke, Mirrors, and Dazzling Bull from Washington

There is a lot of smoke and mirrors in mainstream economic news these days. There always has been. The wizards always seek to manage expectations and manipulate public sentiment in what they consider to be the right direction. But things have gotten much worse over the years, especially since the Federal Reserve began its “Magical Monetary Tour” as David Stockman calls it in 2008. This year we were told tha ...

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TRILLION DOLLAR COINS: The Ultimate Debt Ceiling End-Around?

With President Obama having kicked off debt ceiling negotiations by vowing not to negotiate over the debt ceiling, a new option for paying off the nation’s considerable tab is gaining momentum with cheeky fiscal and monetary wonks. It goes like this: Should Congress fail to extend the U.S. debt limit — reached again on Dec. 31 — the president could ask the Treasury to begin printing trillion dollar coins (i ...

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PHOTOS: Inside Royal..Er…(Obama) first family’s tropical getaway

The Plantation Estate on Kailua Beach in Oahu, Hawaii. With the fiscal cliff averted at last on New Year's Day, President Barack Obama returned to his vacation spot on Kailua Beach in Oahu, Hawaii Wednesday morning for some much-needed R & R. Obama had previously cut the vacation short to deal with the fiscal crisis. [ENJOY: Political Cartoonists Skewer Obama] Each U.S. president has found his own way t ...

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F#@% YOU USA: Obama heads back to Hawaii — at TAXPAYER COST OF $7 MILLION

In a move that is rich in irony, President Obama agreed Tuesday night to sign an emergency deficit reduction bill that does almost nothing to rein in spending and then jetted out to Hawaii to resume his vacation at an extra cost of more than $3 million to taxpayers. The price tag is in addition to more than $4 million that is already being spent on the Obamas’ Hawaii idyll, bringing the total cost of the ex ...

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