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Thursday
Aug252016

The Great Unraveling: Years of Fed Missteps Fueled Disillusion With the Economy and Washington

WSJ

In the past decade Federal Reserve officials have been flummoxed by a housing bubble that cratered the financial system, a long stretch of slow growth they failed to foresee and inflation persistently undershooting their goal. In response they engineered unpopular financial rescues, launched start-and-stop bond buying and delayed planned interest-rate boosts. “There are a lot of things that we thought we knew that haven’t turned out quite as we expected,” said Eric Rosengren, president of the Federal Reserve Bank of Boston. “The economy and financial markets are not as stable as we previously assumed.” In the 1990s, a period known in economics as the “Great Moderation,” it seemed the Fed could do no wrong. Policy makers and voters saw it as a machine, with buttons officials could push to heat or cool the economy as needed.

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Wednesday
Aug242016

FEDERAL RESERVE NO EXIT PLAN: A PATHWAY TO DISASTER By Gregory Mannarino 

Wednesday
Aug242016

Proof Positive the Economic Recovery Is a Myth

For years, I’ve been warning that all claims of economic “recovery” in the US are complete fiction.

We now have definitive proof in the form of tax receipts.

Receipts from the Federal Unemployment Tax Act (FUTA) have been falling steadily since 2012, according to the Office of Management and Budget, moving counter to the growing number of people employed. The FUTA tax is levied at 6 percent on the first $7,000 of an employee’s wage…

Source: CNBC

There you have it. Since 2012, unemployment tax receipts have been FALLING. If the US economy was indeed creating jobs, this number should be rising.

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Wednesday
Aug242016

A Thousand Balls of Flame 

A whiff of World War III hangs in the air. In the US, Cold War 2.0 is on, and the anti-Russian rhetoric emanating from the Clinton campaign, echoed by the mass media, hearkens back to McCarthyism and the red scare. In response, many people are starting to think that Armageddon might be nigh—an all-out nuclear exchange, followed by nuclear winter and human extinction. It seems that many people in the US like to think that way. Goodness gracious!

But, you know, this is hardly unreasonable of them. The US is spiraling down into financial, economic and political collapse, losing its standing in the world and turning into a continent-sized ghetto full of drug abuse, violence and decaying infrastructure, its population vice-ridden, poisoned with genetically modified food, morbidly obese, exploited by predatory police departments and city halls, plus a wide assortment of rackets, from medicine to education to real estate… That we know.

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Tuesday
Aug232016

A New Report on America's Wealth Gap Shows Bernie Sanders Is Right to Be Grumpy

A new Congressional Budget Office report examining trends in family wealth confirms what most Americans know from experience: The poor are buried in debt, the middle class is stuck, and—shocker—the most wealthy are piling up all the green.

The report, released late last week, puts its findings simply: "The distribution [of wealth] among the nation's families was more unequal in 2013 than it had been in 1989." It lays out some stark figures: Families in the top 10 percent of wealth distribution now hold more than three-quarters of the nation's total family wealth. Those falling within the 51st to 90th percentiles owned less than a quarter of it. Meanwhile, the bottom 50 percent own just 1 percent of the total share.

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Tuesday
Aug232016

EXCLUSIVE: Missing: FBI files linking Hillary Clinton to the 'suicide' of White House counsel Vince Foster have vanished from the National Archives  

Ronald Kessler, a former Washington Post and Wall Street Journal investigative reporter, is the New York Times bestselling author of The First Family Detail: Secret Service Agents Reveal the Hidden Lives of the Presidents and The Secrets of the FBI.

FBI agents' reports of interviews documenting that Hillary Clinton's stinging humiliation of her friend and mentor Vince Foster in front of White House aides triggered his suicide a week later are missing from where they should be filed at the National Archives, Daily Mail Online has learned exclusively.

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Tuesday
Aug232016

Fed Admits Another $4 Trillion In QE Will Be Needed To Offset An "Economic Shock"

Tuesday
Aug232016

Jill Stein: Clinton emails reveal security risks, ‘special deals’ for donors

WASHINGTON POST

The Green Party's nominee for president rejoined the debate about Hillary Clinton's use of email at the State Department on Tuesday, telling reporters that Clinton clearly "attempted to cover up" shady behavior by using a private server.

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Tuesday
Aug232016

Emails reveal how foundation donors got access to Clinton and her close aides at State Dept.

A sports executive who was a major donor to the Clinton Foundation and whose firm paid Bill Clinton millions of dollars in consulting fees wanted help getting a visa for a British soccer player with a criminal past.

The crown prince of Bahrain, whose government gave more than $50,000 to the Clintons’ charity and who participated in its glitzy annual conference, wanted a last-minute meeting with Secretary of State Hillary Clinton.

U2 rocker and philanthropist Bono, also a regular at foundation events, wanted high-level help broadcasting a live link to the International Space Station during concerts.

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Monday
Aug222016

World premiere - Channel 12 to Air New 9/11 Truth Film!

Colorado Public Television (CPT12) will air the world premiere of The Demolition of Truth - Psychologists Examine 9/11 on Thursday, August 25, from 7 to 9 p.m., MDT.

This new documentary will be streamed live over the Internet at http://www.cpt12.org/9-11.

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