How the US became the center of global kleptocracy The US has become the key cog in the machine of modern kleptocracy worldwide. But it didn’t start with Trump. By Casey Michel February 03, 2020 Critics of President Donald Trump frequently use…
Category: Wall Street
Endless War
Endless War is a Disastrous (But Profitable) Enterprise By Lawrence Wilkerson Col, USA (Ret) January 30, 2020 “The collapse of the Libyan state has had region-wide repercussions, with flows of people and weapons destabilizing other countries throughout North Africa.” This…
How Long Will It Take For The US To Collapse?
How Long Will It Take For The US To Collapse? Fri, 01/03/2020 – 23:45 Authored by Brandon Smith There are a multitude of false assumptions out there on what the collapse of a nation or “empire” looks like. Modern…
Impeach The Government—-Not Just Trump
Impeach the Government: Rogue Agencies Have Been Abusing Their Powers for Decades By John W. Whitehead “When a man unprincipled in private life[,] desperate in his fortune, bold in his temper . . . despotic in his ordinary demeanour —…
How To Save The Planet & Ourselves
How To Save The Planet & Ourselves By Chris Hedges November 18, 2019 If you read only one book this year, it should be Roger Hallam’s “Common Sense for the 21st Century: Only Nonviolent Rebellion Can Now Stop Climate Breakdown…
The Capitalists Are Afraid
THE CAPITALISTS ARE AFRAID By Chris Hedges September 09, 2019 Capitalists seek to maximize profits and reduce the cost of labor. This sums up capitalism at its core. It is defined by these immutable objectives. It is not about democracy. It is…
Inside the Submissive Void: Propaganda, Censorship, Power and Control
Inside the Submissive Void: Propaganda, Censorship, Power and Control By Greg Maybury August 07, 2019 Nothing appears more surprising to those who consider human affairs with a philosophical eye, than the easiness with which the many are governed by the…
Is the Stock Market Rigged?
On February 6 PCR asked if the Plunge Protection Team had stepped in and prevented a stock market correction by purchasing equity index futures. Sure enough, the daily exchange volume chart shows an increase in futures activity on February 2…
Are You Infuriated Yet?
You should be. I certainly am… More and more, I’m encountering people who are simply infuriated with how our “leaders” are running (or to put it more accurately, ruining) things right now. And I share that fury. It’s perfectly normal…
“Controlled Demolition” Or Carnage?
This is the week-of-weeks when the official grand viziers of finance gather at Jackson Hole, Wyoming, to confab and interpret the lay of animal neck-bones and other auguries scattered in the sand, with the hope of steering the awesome powers…
Big Law Moves Big Time into Trump Administration – After Financing Hillary’s Campaign
President Donald Trump’s demands for loyalty from the individuals in his administration have been a hot topic for weeks in U.S. media. But what the media has yet to explain is how so many law partners from global corporate law…
Federal Bank Regulator Drops a Bombshell as Corporate Media Snoozes
Last Monday, Thomas Hoenig, the Vice Chairman of the Federal Deposit Insurance Corporation (FDIC), sent a stunning letter to the Chair and Ranking Member of the U.S. Senate Banking Committee. The letter contained information that should have become front page…
A Dim Outlook for Trumponomics
Now that US President Donald Trump has been in office for six months, we can more confidently assess the prospects for the US economy and economic policy making under his administration. And, like Trump’s presidency more generally, paradoxes abound. The…
Financial System of U.S. Rests on Health of Just Five Mega Banks
According to the Federal Deposit Insurance Corporation (FDIC), as of March 31, 2017 there were a total of 5,856 banks in the U.S. operating under its Federal deposit insurance umbrella. But according to government financial researchers, five of those banks…
Plastic-Versus-Cash Battle Heats Up After Visa, Mastercard Deals
Submitted by: ButtCracker — The dollar bill, that long-time rival of credit-card giants, is under attack once again. After years of fighting to get their cards accepted in stores, Visa Inc. and Mastercard Inc. are stepping up efforts to get merchants…
‘Truly Dumb’: Why $2.4 Trillion Corporate Tax Cut Will Not Magically Pay for Itself
Economists and tax experts push back against White House reported plan to slash corporate rate by 60 percent. With reports that President Donald Trump wants to slash the corporate tax rate by 60 percent and Treasury Secretary Steven Mnuchin claiming…
Wall Street Banks Are Trading in Their Own Company’s Stock: How Is This Legal?
Increasingly, under the mantra of liquidity, trading activity on Wall Street that would have resulted in criminal charges in another era is yawned at by regulators. The week that Donald Trump shocked markets around the globe by getting himself elected…
Something’s Broken In The VIX-Stocks Relationship
The S&P 500 Index and CBOE Volatility Index have historically moved in opposite directions about 80 percent of the time, but that’s changed recently… As Bloomberg reports, both gauges are heading for declines this month, after the two rose in…
Wall Street First
Nobody yet can tell whether Donald Trump is an agent of change with a specific policy in mind, or merely a catalyst heralding an as yet undetermined turning point. His first month in the White House saw him melting into…
Stocks Sink On ‘Quad Witch’ As Dollar Suffers Worst Week In 8 Months
One. Big. Squeeze… It was quite a week for ‘uncertainty’ as Europe’s VIX crashed to record lows, and FX and Rate vols plunged after the Fed move and Dutch elections.. benefits. Discover the strength of Legg Mason…