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Tricks Of The Global Financial Elite

There are no limits to the tricks of the global financial elite. Bolstered by university academics who piously announce that whatever the elite does must be for the benefit of everybody else; toadied to by politicians who are but paid catamites; and secure in the knowledge that the public will never understand what it is not allowed to see, the elite is engaged in a gigantic rip-off. The rip-off starts with ...

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Little Progress In Fiscal Cliff Talks

With barely a month left before the "fiscal cliff," Republicans and Democrats remained far apart on Friday in talks to avoid the across-the-board tax hikes and spending cuts that threaten to throw the country back into recession. While President Barack Obama visited a Pennsylvania toy factory to muster public support for tax hikes on the rich, portraying Republicans as scrooges at Christmas time, his primar ...

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The Currency Superstorm That Is Coming To America When The Dollar Dies

By recklessly printing, borrowing and spending money, our authorities are absolutely shredding confidence in the U.S. dollar.  The rest of the world is watching this nonsense, and at some point they are going to give up on the U.S. dollar and throw their hands up in the air.  When that happens, it is going to be absolutely catastrophic for the U.S. economy.  Right now, we export a lot of our inflation.  Eac ...

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US Middle Class Net Worth Lowest In Decades

A new report shows that the gap between the rich and the poor in the US is significantly wider than it used to be, with the annual median wage falling to $26,364 in 2010 while the high-earners increased their wealth by 71 percent. The New York University report found that in 2010, the median net worth in the US reached its lowest point since 1969 at $57,000. Conducted by Professor Edward Wolff, who has stud ...

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The Out-of-Touch-With-Reality Crowd

In “The Biggest Myth About the Fed,” David Beckworth, an assistant professor of economics at Western Kentucky University, suggests that the pessimists are wrong to be concerned about what Mr. Bernanke and Co. are up to. There many myths about Fed policy over the past few years, but the biggest one has to be that the Fed has been monetizing the national debt.  This simply is not true, but it does not stop so ...

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Man Sentenced To 15 Years For 6 Pirated Discs

The Justice Department isn’t exactly winnings its war on intellectual property theft — the attorney general says so himself. Until then, though, that doesn’t mean they are going to start going soft. A Mississippi man was sentenced to 15 years behind bars and another three under supervised release this week after pleading guilty to selling five counterfeit DVDs and one bootleg music CD to an undercover agent ...

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BREAKING: New Pentagon Benghazi Timeline Damns Obama (Never In Situation Room)

The Pentagon has just released their version of the 9/11 timeline and I think it is very interesting and damning to Obama. Specifically, we know that Panetta, Obama, Biden, and Donilon were at the White House for a previously scheduled 5 pm meeting. The attack had been going on for 50 minutes before Panetta was notified, and he was aware it was ongoing ..........................Defense Secretary Leon Panett ...

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Mysterious Deaths Of 1,000s Of Birds At Sea

The RSPB are investigating the mysterious deaths of thousands of common migratory birds out at sea. Fishermen have reported seeing hundreds of seemingly exhausted and disoriented garden birds dropping from the sky into the waters off England's south coast. At the same time, the east coast, from Northumberland to Kent, has seen the arrival of many birds, including redwings, fieldfares, bramblings and blackbi ...

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Death Threat? Broadwell Driver’s License Found In DC Park

Paula Broadwell's lost driver's license was found in Rock Creek Park, the same park in which another woman's dead body was found after it was discovered that she was having an affair with a U.S. congressman. 
 There has been no shortage of conspiracy theories following the resignation of CIA Director David Petraeus, who announced that he had partaken in an affair with Broadwell, which allegedly began in 201 ...

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Goldman Sachs Trader Accused of Illegally Hiding $8.3 Billion Position

Matthew Marshall Taylor, a vice president and trader on the Capital Structure Franchise Trading desk at Goldman Sachs Group Inc., has been accused by US regulators of hiding trades in an $8.3 billion position, which cost the investment firm $118 million. 
 Goldman Sachs will seek $130,000, or triple the monetary value that Taylor gained (whichever is larger), for every violation he is found to have committe ...

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Former Florida ICE Chief Gets Prison In Child Porn Case

A former top U.S. Immigration and Customs Enforcement official in South Florida has been sentenced to 70 months in prison on a federal child pornography charge. Anthony Mangione faced a minimum of five years in prison after pleading guilty in July to using his home computer to receive and transmit images of minors engaged in sexually explicit conduct. 
 Mangione ran ICE's South Florida operations from 2007 ...

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After Obama Win, Wealthy Scrambling To Make Tax Moves

The race is on for wealthy Americans to save on taxes before Jan. 1. President Barack Obama’s re-election means his administration will push to let tax cuts enacted during the George W. Bush era expire for high earners, as scheduled, at year-end. Obama wants to increase the top federal income tax rate to 39.6 percent from 35 percent, boost rates on long-term capital gains to as much as 23.8 percent, and shr ...

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