Washington D.C.
One Part Of The Economy Is Booming: The Underground/Cash-Only Sector
Submitted by Tyler Durden on 10/09/2015 09:24 -0500If you make it so burdensome to operate a legit business, then you're basically giving people without big lines of credit and capital few choices but to work in the cash-only underground economy.
It's Time For Negative Rates, Fed's Kocherlakota Hints
Submitted by Tyler Durden on 10/08/2015 12:22 -0500If you’re a fan of dovish policymakers who are committed to Keynesian insanity, you can always count on Minneapolis Fed chief Narayana Kocherlakota who is out today with the latest hint that NIRP is coming to America.
"The Saudi Population Are Growing Restless": A Deep Look Inside The "Black Box" That Is Saudi Arabia
Submitted by Tyler Durden on 10/07/2015 14:27 -0500"The Saudi population, especially the younger people, are growing restless because they see what is happening in the world through social media of which they are among the highest users - that’s the only means they have to communicate. So the situation inside the country is also very fragile and the foreign policy conducted by the current regime is very perilous. It is only a matter of time because the Gulf States are ruled by oligarchies who maintain control through bribery and the sword. So this is a challenging time for the Gulf States despite all the public commentary suggesting they are immune to the uprisings."
How America's "Think Tanks" Are Compromised & Bought Off By Foreign Governments
Submitted by Tyler Durden on 10/05/2015 17:30 -0500"The think tanks do not disclose the terms of the agreements they have reached with foreign governments. And they have not registered with the United States government as representatives of the donor countries, an omission that appears, in some cases, to be a violation of federal law, according to several legal specialists who examined the agreements at the request of The Times... As a result, policy makers who rely on think tanks are often unaware of the role of foreign governments in funding the research."
Nomi Prins: How Trump Became Trump And What That Means For The Rest Of Us
Submitted by Tyler Durden on 10/05/2015 16:35 -0500Unfortunately, we are used to politicians saying whatever they think they need to say to be elected president, and falling way short of their campaign promises on the job. Even scarier would be the notion of selling America to the craftiest bidder. The election may be more than a year away, but isn’t it time to dig beneath the carefully crafted persona that is Trump and unearth the person and the full spectrum of his business dealings? To see the real Donald Trump is to plunge into all the conflicts of interest he denies, the financial tricks he dispenses, the crucial details he obfuscates, and the flimflam he offers up day in, day out.
Amtrak Train Derails In Vermont, 4 Reported Injured
Submitted by Tyler Durden on 10/05/2015 10:46 -0500While the US coast guard and search and rescue teams scour the Caribbean seas around the Bahamas for traces of debris from the missing cargo ship El Faro, which disappeared in the eye of Hurricane Joaquin with 33 mostly American crew members aboard more than three days ago, another tragedy struck moments ago when as AP reported an Amtrak train derailed in central Vermont near Northfield. It isn't immediately clear whether there are any injuries.
And Scene: Ben Bernanke Says More People Should Have Gone To Jail For Causing The Great Recession
Submitted by Tyler Durden on 10/04/2015 20:16 -0500- AIG
- Bear Stearns
- Ben Bernanke
- Ben Bernanke
- Commercial Paper
- Demographics
- Department of Justice
- Fannie Mae
- Federal Reserve
- Foreign Policy magazine
- Freddie Mac
- House Financial Services Committee
- Housing Bubble
- Housing Market
- Housing Prices
- Joint Economic Committee
- Keynesian economics
- Main Street
- Monetary Policy
- New York Times
- Recession
- Regional Banks
- Subprime Mortgages
- TARP
- Testimony
- Unemployment
- Washington D.C.
Q. Should somebody have gone to jail.
Bernanke: Yeah, yeah I think so. It would have been my preference to have more investigation of individual actions as obviously everything that went wrong, or was illegal, was done by some individial not by an abstract firm.
Goldman Strikes Again: Did A Probe Into "Global Warming" Fraud Cost A Prime Minister's Job
Submitted by Tyler Durden on 09/26/2015 15:26 -0500- Australia
- Barack Obama
- Brazil
- Cap and Trade
- Carbon Emissions
- China
- fixed
- FOIA
- Free Money
- Global Warming
- goldman sachs
- Goldman Sachs
- Goldman Sachs Asset Management
- Hank Paulson
- Hank Paulson
- headlines
- Mark Patterson
- Matt Taibbi
- Neel Kashkari
- Newspaper
- None
- President Obama
- Shadow Banking
- Washington D.C.
- White House
Did Australia's Prime Minister Tony Abbott just lose his job because of fears that a probe and audit of the "data" and "statistics" behind global warming could threaten to destroy Goldman Sachs' best laid cap-and-trade, emissions trading scheme and carbon tax plans?
The Imperial Banana Republic: 75% Of Americans See Widespread Government Corruption
Submitted by Tyler Durden on 09/25/2015 09:40 -0500This is the sort of thing you’d expect to see in a Banana Republic. Which makes perfect sense, because America is a Banana Republic.
Austrian Economics, Monetary Freedom, & America's Economic Roller-Coaster
Submitted by Tyler Durden on 09/18/2015 19:05 -0500- Ben Bernanke
- Ben Bernanke
- Capital Formation
- Census Bureau
- Central Banks
- Excess Reserves
- Fannie Mae
- Federal Reserve
- Freddie Mac
- Great Depression
- Henry Paulson
- Housing Market
- Housing Prices
- John Maynard Keynes
- Keynesian economics
- Ludwig von Mises
- Maynard Keynes
- Milton Friedman
- Monetary Base
- Monetary Policy
- Mortgage Loans
- Nationalism
- None
- Quantitative Easing
- Real Interest Rates
- Recession
- recovery
- Unemployment
- Washington D.C.
It is time for a radical denationalization of money, a privatization of the monetary and banking system through a separation of government from money and all forms of financial intermediation. That is the pathway to ending the cycles of booms and busts, and creating the market-based institutional framework for sustainable economic growth and betterment. It is time for monetary freedom to replace the out-of-date belief in government monetary central planning.
Will The Lone Star State Secede? Super Tuesday May Allow Voters To "Reassert Texas As Independent Nation"
Submitted by Tyler Durden on 09/17/2015 21:30 -0500“Most Texans do not want to break away from the United States. Most Texans consider themselves Americans. But if ever being American means sacrificing our liberties, we will just prefer to be Texans.”
WTO's Stark Warning On Global Trade: "The Timing Belt On The Global Growth Engine Is Off"
Submitted by Tyler Durden on 09/15/2015 17:01 -0500"It’s fairly obvious that we reached peak trade in 2007"...
Caught On Tape: Donald Trump Asked About Libertarianism
Submitted by Tyler Durden on 09/10/2015 20:35 -0500The "real" Donald Trump revealed once again...
Chuck Norris "Exhausted" By Iran Nuclear "Antics", Walker May Launch "Pre-Emptive Strikes"
Submitted by Tyler Durden on 09/07/2015 15:59 -0500"We’re exhausted by your antics and empty promises. If we so much as sniff continued nuclear development, we are going to covertly and overtly stop you, even if that means military action and pre-emptive strikes on your nuclear facilities."
Three Reasons Why Saudi Arabia Flip-Flopped On Iran. And Now Supports The US "Nuclear Deal"
Submitted by Tyler Durden on 09/06/2015 17:01 -0500To summarize: in order to get the Saudis to "agree" to the Iran deal, all the US had to do is remind King Salman, that as long as oil is where it is to a big extent as a result of Saudi's own record oil production, crushing countless US oil corporations and leading to the biggest layoffs in Texas since the financial crisis, the country will urgently need access to yield-starved US debt investors. If in the process, US corporations can invest in Saudi Arabia (and use the resulting assets as further collateral against which to take out even more debt), while US military corporations sell billions in weapons and ammo to the Saudi army, so much the better.


