Meltdown

Russophobia - Symptom Of US Implosion

The Soviet Union passed away more than a quarter of a century ago, but Russophobia among the US political class is more virulent than ever. However, the power of the Russophobia propaganda technique over the wider population seems to have greatly diminished from its Cold War heyday.

It's Time To Get Painfully Honest: Banks Are Evil

"I've increasingly come to see the financial industry - with the big banks at its core - as the root cause of injustice in today's society." Whether it's social equity, the security of your job or retirement, your day-to-day existence, or the fairness of the laws we live under - our fate is currently in the hands of the banks.

Demand For Physical Gold Is Collapsing

"During the 2008 financial meltdown..There was a total disconnect between the paper price and physical demand. That’s now happening again, but in reverse. The paper price is rising, but physical demand is falling...This strikes me as total madness... There seems to be no fear in the market… no regard for sense or safety."

3 Things: Fed Hike, Fed Late, Fed Miss

“The simple message is the economy is doing well. We have confidence in the robustness of the economy and its resilience to shocks.” – Janet Yellen, March 15, 2017.

Really?

Rand Paul Responds To "Unhinged" McCain

"You know, I think [Senator McCain] makes a really, really strong case for term limits. I think maybe he's past his prime; I think maybe he's gotten a little bit unhinged..."

Centralization's Slide Into Oblivion

As its defenders tax the system to protect what no longer works (except for them, of course), the slide to oblivion accelerates as the system breaks down under the collective weight of all the skims, scams and rackets benefiting the few at the expense of the many.

When It Comes To Wall Street, Preet Bharara Is No Hero

The prominent U.S. attorney fired by Donald Trump this weekend has been justly acclaimed for his pursuit of political corruption. But his treatment of the Wall Street executives involved in the financial meltdown was far less confrontational.