Jim Rogers Warns "Governments Plan Is To Destroy The People Who Save"

"Everybody should be worried.. and be prepared," warns legendary investor Jim Rogers, as he sees the market "facing a bigger collapse than in 2008," and the central banks will be unable to kick the can much longer. "This is the first time in recorded history where you have Central Banks & governments setting out to destroy the people who save & invest," Rogers exclaims and "the markets are telling us that something is wrong - we're getting close."

The Age Of Authoritarianism: Government Of The Politicians, By The Military, For The Corporations

It is easy to be diverted, distracted and amused by the antics of the presidential candidates, the pomp and circumstance of awards shows, athletic events, and entertainment news, and the feel-good evangelism that passes for religion today. What is far more difficult to face up to is the reality of life in America, where unemployment, poverty, inequality, injustice and violence by government agents are increasingly norms. The powers-that-be want us to remain divided, alienated from each other based on our politics, our bank accounts, our religion, our race and our value systems. Yet as George Orwell observed, “The real division is not between conservatives and revolutionaries but between authoritarians and libertarians.”

The Evil Empire Has The World In An Economic "Death Grip"

A decade ago John Perkins exposed the world to the ugly reality of Washington's "Economic Hit Men." Now he is back, exposing the fact that the evil empire has the world in the grip of a "death economy," concluding that "we need a revolution" in order "to bury the death economy and birth the life economy." But, as Paul Craig Roberts adds, don’t look to politicians, neoliberal economists, and presstitutes for any help.

In "Unprecedented, Historic" Move, Senate GOP Will Deny Obama Supreme Court Nominee Hearings

This afternoon Senate Republicans went "all in" on a Supreme Court gamble, in which they vowed to deny holding confirmation hearings for any nominee from President Obama.  The unprecedented decision, made before the president has named a nominee, marks a new chapter in Washington’s war over judicial nominations according to The Hill. In a battle of superlatives, CNN adds that the "historic move outraged Democrats and injected Supreme Court politics into the center of an already tense battle for the White House."

Canadian Oil Companies Have Stopped Paying The Rent

We’ve covered Alberta’s demise extensively over the past twelve months, documenting everything from soaring food bank usage to the alarming spike in property crime in Calgary where vacant office space sits collecting dust and condos go unsold even as housing prices soar in British Columbia and Ontario. Now, in the latest sign that the seemingly inexorable decline in crude will continue to weigh on Alberta's flagging economy, we learn that O&G companies have simply stopped paying rent for surface access to private property.

Truman Show USA - "Concerned Citizens" At Townhall Meetings Exposed As Paid Actors

Meet Adam Swart, CEO of a company called 'Crowds on Demand', which will stage rallies and demonstrations for almost any candidate or cause. "I have worked with dozens of campaigns for state officials, and 2016 presidential candidates," Swart told NBC4, adding that he won’t name any names. “I can’t go in to detail... if I did, nobody would hire us.”

The Economics Of "Free Stuff"

The perennial promises of free stuff from political candidates are front and center again now that we are ensnared in another US election cycle. Of course it’s true that There Ain’t No Such Thing As A Free Lunch, because somebody must bear the costs of the supposedly “free” stuff. Especially when the government is involved in doling out the gifts, all it means is that it was bought with money taken from others. Or, sometimes, the money is taken from the person receiving the gift, who thinks he’s gotten something for nothing.

Nationalism And Populism Propel Trump

America is saying, “Goodbye to all that.” For Trump is not only a candidate. He is a messenger from Middle America. And the message he is delivering to the establishment is: We want an end to your policies and we want an end to you. If the elites think they can not only deny Trump the nomination, but turn back this revolution and re-establish themselves in the esteem of the people, they delude themselves. This is hubris of a high order.

Why Guggenheim Believes The 10 Year Treasury Will Drop Below 1%

"Central banks around the world, reacting to the same recessionary fears, are likely to cause long rates to sink materially lower than where we are today. I see the 10-year Treasury note falling to 1 percent, perhaps even lower, before year-end. According to technical analysis, the current target bottom for the 10-year Treasury note is 28 basis points!"

In "Dramatic Escalation," China Sends Fighter Jets To Disputed Islands

On Tuesday, multiple media outlets jumped at the opportunity to report that China has built radar facilities at Cuarteron Reef, Beijing’s southern-most South Pacific sandcastle. But that, as it turns out, isn't the big news. Just moments ago, GOP mouthpiece Fox News said China has now deployed fighter jets to Woody Island, where imagery from ImageSat International (ISI) showed two batteries of eight surface-to-air missile launchers in place earlier this month.

The Fatal Flaw That Has Doomed Our Economy

Money doesn’t have to be “hard” or “soft” or expensive or cheap. But it has to be honest. Otherwise, the whole system runs into a ditch. But the new money was a phony. It put the cart ahead of the horse. This was money that no one ever had to break a sweat to get. It was based on credit – the anticipation of work, not work that had already been done. Money no longer represented wealth. It now represented anti-wealth: debt.