Meet The Minimum-Wage Homeless Who Are ‘Cleaning Up’ Fukushima (For The Yakuza)

- Meet The Minimum-Wage Homeless Who Are “Cleaning Up” Fukushima (For The Yakuza) (ZeroHedge, Dec 30, 2013): “We’re an easy target for recruiters,” one homeless man explains. “We turn up here with all our bags, wheeling them around and we’re easy to spot. They say to us, are you looking for work? Are you hungry? […] continue reading world news

IT Firms Lose Billions After NSA Scandal Exposed By Whistleblower Edward Snowden

- IT firms lose billions after NSA scandal exposed by whistleblower Edward Snowden (Independent, Dec 30, 2013): The National Security Agency scandal exposed by whistleblower Edward Snowden has cost American technology companies billions of dollars in lost revenue as governments and companies in its important export markets of Asia refuse to entrust the handling of […] continue reading world news

DHS Is Bringing In Terrorist By The Bus Load (Video)

FYI. Related info: - 1 Million US Jobless To Lose Financial Aid YouTube Added: Dec 27, 2013 continue reading world news

The Stock Market Has Officially Entered Crazytown Territory

- The Stock Market Has Officially Entered Crazytown Territory (Economic Collapse, Dec 26, 2013): It is time to crank up the Looney Tunes theme song because Wall Street has officially entered crazytown territory.  Stocks just keep going higher and higher, and at this point what is happening in the stock market does not bear any […] continue reading world news

100 Years Of Economic Turmoil: Is It Time To ‘End The Fed’?

- 100 years of economic turmoil: Is it time to ‘End the Fed’? (RT, Dec 23, 2013): Since the magical moment of its inception on Dec. 23, 1913, the Federal Reserve System has been a source of controversy and even contempt for a growing number of Americans, many of whom are still feeling the sting […] continue reading world news

Charting The Worst Long-Term Unemployment Crisis Since The Depression

- Charts: The Worst Long-Term Unemployment Crisis Since the Depression (Bill Moyers, Dec 24, 2013): Officially, the Great Recession of 2007 ended in June 2009. Yet the economic downturn remains in full effect for millions of Americans, particularly the nearly 40 percent of the unemployed who have been looking for work for six months or more. In […] continue reading world news

The Gold Rush Spreads From China And India To Saudi Arabia

- The Gold Rush Spreads From China And India To Saudi Arabia (ZeroHedge, Dec 24, 2013): In the “west”, the higher the price of gold rose, the more demand there seemingly was by momentum-chasing gamblers investors, if only for paper certificates claiming to represent gold, or GLD as the case may be. Conversely, once the […] continue reading world news

On The 100th Anniversary Of The Federal Reserve Here Are 100 Reasons To Shut It Down Forever

- On The 100th Anniversary Of The Federal Reserve Here Are 100 Reasons To Shut It Down Forever (Economic Collapse, Dec 22, 2013): December 23rd, 1913 is a date which will live in infamy.  That was the day when the Federal Reserve Act was pushed through Congress.  Many members of Congress were absent that day, […] continue reading world news

The Last 3 Times This Happened, Markets Turmoiled

- The Last 3 Times This Happened, Markets Turmoiled (ZeroHedge, Dec 22, 2013): Thanks to Bob “I don’t get out of bed unless it’s over 20″ Pisani’s daily diatribes about VIX (the so-called ‘fear’ index), we are supposed to rest assured that all is well in the ever-decreasing horizon world of equity markets. However, while […] continue reading world news

The Hidden Motives Behind The Federal Reserve Taper

Related info: - 200 Years Of Dollar Debasement: A Century Without The Fed And A Century With … Which Would You Prefer? - The Hidden Motives Behind The Federal Reserve Taper (Alt-Market, Dec 21, 2013): “The powers of financial capitalism had (a) far-reaching aim, nothing less than to create a world system of financial control […] continue reading world news

CFTC Announces It Is Undercounting Size Of Swaps Market By As Much As $55 TRILLION

- CFTC Announces It Is Undercounting Size Of Swaps Market By As Much As $55 Trillion (ZeroHedge, Dec 19, 2013): What is $55 trillion between friends? Very little according to the CFTC. In perhaps the biggest under the radar news of the day – to be expected with every watercooler occupied by taper experts – […] continue reading world news

The Taper Is On – 8 Ways That This Is Going To Affect You And Your Family

- The Taper Is On – 8 Ways That This Is Going To Affect You And Your Family (Economic Collapse, Dec 18, 2013) continue reading world news

Bitcoin Crashes After China Bans New Deposits; PBOC Gets DDOSed In Retaliation

- Bitcoin Crashes After China Bans New Deposits; PBOC Gets DDOSed In Retaliation (ZeroHedge, Dec 18, 2013): Yesterday it was the US Treasury’s Financial Crimes Enforcement Network that tightened its grip on businesses that accept Bitcoin. Today, it is China, where the world’s largest Bitcoin exchange by trading volume, BTCChina announced that he had received […] continue reading world news

Jim Grant Slams Steve Liesman ‘The Fed Can Change How Things Look, But Not What They Are’

- Jim Grant Slams Steve Liesman “The Fed Can Change How Things Look, But Not What They Are” (ZeroHedge, Dec 17, 2013) continue reading world news

What If There’s A Recession In 2014?

Flashback: - Gold is a Crap Investment – Unless … - Inflation, Hyperinflation and Real Estate (Price Collaps) What the Fed is looking at. - What If There’s A Recession in 2014? (Gonzalo Lira, Dec 16, 2013): If policymakers were gunfighters, they’d be out of bullets: They have run out of effective policy tools to […] continue reading world news

The IMF Disagrees With Zero Hedge

- The IMF Disagrees With Zero Hedge (ZeroHedge, Dec 15, 2013): On Thursday, after we presented an article by Simon Black in which the author suggested that the IMF was implicitly proposing a 71% tax-rate on Americans, by “suggesting that the US government could maximize its tax revenue by increasing tax brackets to as high […] continue reading world news

Google Completes Acquisition Of Boston Dynamics

Boston Dynamics’ four-legged robot named WildCat can gallop at high speeds. - Google Adds to Its Menagerie of Robots (The New York Times, Dec 14, 2013): SAN FRANCISCO — BigDog, Cheetah, WildCat and Atlas have joined Google’s growing robot menagerie. A robot named BigDog, which can walk over rough terrain, can also stay upright in […] continue reading world news

JPMorgan Patents Bitcoin-Like Payment System

Anonymity? There is no anonymity with Bitcoin and there never will be anonymity with ‘The Morgue’. - JPMorgan patents Bitcoin-like payment system (CNNMoney, Dec 10, 2013): The system includes digital wallets, the ability to transfer money to anyone and anonymity too, according to a patent application filed to the U.S. Patent and Trade Office on [...] continue reading world news

White House Favors Former Bank Of Israel Governor Stanley Fischer To Be Fed Vice Chair

FYI. - The Markets Should Celebrate Stanley Fischer As Number Two At Fed, A Perfect Ten Strike (Forbes, Dec 11, 2013): I know and admire the wisdom of Stanley Fischer, apparently to be appointed Vice Chairman of the Federal Reserve Bank. Fischer will add a serious complement of experience to maintain stability of the nation’s monetary [...] continue reading world news

Dr. Paul Craig Roberts: More Misleading Official Employment Statistics

Dr. Paul Craig Roberts was Assistant Secretary of the Treasury during President Reagan’s first term. He was Associate Editor of the Wall Street Journal. He has held numerous academic appointments, including the William E. Simon Chair, Center for Strategic and International Studies, Georgetown University, and Senior Research Fellow, Hoover Institution, Stanford University. - More Misleading [...] continue reading world news

American ‘Servants’ Make Less Now Than They Did in 1910

- American “Servants” Make Less Now Than They Did in 1910 (ZeroHedge, Dec 10, 2013): While much has been said about the benefits of Bernanke’s wealth effect to the asset-owning “10%”, just as much has been said about the ever deteriorating plight of the remaining debt-owning 90%, who are forced to resort to labor to [...] continue reading world news

Here’s The ‘Wealth Effect’: Wealthiest 400 Americans Accounted For 16% Of All Capital Gains

- Here Is The “Wealth Effect”: Wealthiest 400 Americans Accounted For 16% Of All Capital Gains (ZeroHedge, Dec 9, 2013) continue reading world news

The Bitcoin Derivatives Market Has Arrived

- The Bitcoin Derivatives Market Has Arrived (ZeroHedge, Dec 8, 2013) continue reading world news

China October Gold Imports Surge To Second Highest Ever

- China October Gold Imports Surge To Second Highest Ever (ENENews, Dec 8, 2013): Overnight, China reported its biggest trade surplus in almost five years, when November net exports hit $33.8 billion, up from $31.1 billion in October, and 50% above the $21.2 billion consensus estimate. This was driven by a surge in exports which [...] continue reading world news

Detroit Bankruptcy Ruling Triggers Calls For Pension Cuts Across The U.S.

“They want your fucking retirement money!” - George Carlin (2005) - Detroit bankruptcy ruling triggers calls for pension cuts across the US (WSWS, Dec 6, 2013): Within days of a federal judge’s ruling in support of the Detroit bankruptcy, the devastating implications for the working class across the US are becoming apparent. States and cities [...] continue reading world news

Bitcoin Tumbles After China Central Bank Bans Financial Companies From Using Digital Currency

- Bitcoin Tumbles After China Central Bank Bans Financial Companies From Using Digital Currency (ZeroHedge, Dec 5, 2013) continue reading world news

Top 10 Highest Paid CEOs (TIME, Dec 4, 2013)

- Top 10 Highest Paid CEOs (TIME, Dec 4, 2013): 10. Gerald Rubin Company: Helen of Troy Compensation: $41.6 million Helen of Troy, which distributes name brands like Brut and Pert Plus, posted record sales in its fiscal year ending in February 2013, helping its CEO Gerald Rubin take home nearly $29 million in performance-based [...] continue reading world news

15 Signs That We Are Near The Peak Of An Absolutely Massive Stock Market Bubble

- 15 Signs That We Are Near The Peak Of An Absolutely Massive Stock Market Bubble (Ecoonomic Collapse, Dec 1, 2013): One of the men that won the Nobel Prize for economics this year says that “bubbles look like this” and that he is “most worried about the boom in the U.S. stock market.”  But [...] continue reading world news

Wow – The Holiday Shopping Season Is Off To A Horrible Start

- Wow – The Holiday Shopping Season Is Off To A Horrible Start (Economic Collapse, Dec 2, 2013): According to the National Retail Federation, Americans spent an average of 4 percent less over the four day Thanksgiving weekend than they did last year.  Overall, that means that approximately $1.7 billion less was spent at U.S. [...] continue reading world news

The Fed Now Owns One Third Of The Entire US Bond Market (Chart Of The Day)

- Chart Of The Day: The Fed Now Owns One Third Of The Entire US Bond Market (ZeroHedge, Dec 2, 2013): The most important chart that nobody at the Fed seems to pay any attention to, and certainly none of the economists who urge the Fed to accelerate its monetization of Treasury paper, is shown [...] continue reading world news

Ron ‘Austrian’ Paul Vs. Paul ‘Keynesian’ Krugman – You Decide (Video)

- Ron “Austrian” Paul Vs. Paul “Keynesian” Krugman – You Decide (ZeroHedge, Dec 1, 2013): The concept of the business cycle and its un-natural intervention-inspired boom-bust process is at the core of the following three minutes of dueling quotes from two of the most infamous public proponents of change (Ron Paul) and the status quo [...] continue reading world news