Gold Price "Manipulated For A Decade", Repeatedly Slammed Lower, Bloomberg Reports

Friday, February 28, 2014

While the FT promptly retracted an article on precisely the topic of gold manipulation from earlier this week (recorded for posterity here), Bloomberg appears to not have had the same "editorial" concerns and pressures, and today released an article once again slamming the final conspiracy theory that while every other asset class is manipulated, gold is in a pristine class of its own, untouched by close-banging, price fixing traders or central bankers, and reports that "the London gold fix, the benchmark used by miners, jewelers and central banks to value the metal, may have been manipulated for a decade by the banks setting it, researchers say."

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FBI Director To Release Report On The FBI Assassination Of Ibragim Todashev

Wednesday, February 26, 2014

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“How, as a socialist, can you not be an anti-Semite?” - Hitler 1920

On 16 June 1941, as Hitler readied his forces for Operation Barbarossa, Josef Goebbels looked forward to the new order that the Nazis would impose on a conquered Russia. There would be no come-back, he wrote, for capitalists nor priests nor Tsars. Rather, in the place of debased, Jewish Bolshevism, the Wehrmacht would deliver “der echte Sozialismus”: real socialism.
Goebbels never doubted that he was a socialist. He understood Nazism to be a better and more plausible form of socialism than that propagated by Lenin. Instead of spreading itself across different nations, it would operate within the unit of the Volk.

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Connecticut Tells Gun Owners, Destroy or Hand Over Rifles & Standard Capacity Magazines

Tuesday, February 25, 2014


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Obama Administration Embeds "Government Researchers" To Monitor Media Organizations

Friday, February 21, 2014

Last week, I highlighted the fact that the latest Press Freedom Index showcased a 13 point plunge in America’s press freedom to an embarrassing #46 position in the global ranking. If the authoritarians in the Obama Administration have their way, this country is set to fall much further in next year’s index.
Incredibly, the Federal Communications Commission (FCC) is set to roll out something called the Critical Information Needs study, which will embed government “researchers” into media organizations around the nation to make sure they are doing their job properly.
No this isn’t “conspiracy theory.” It is so real, and represents such a threat to the First Amendment, that a current FCC commissioner, Ajit Pai, recently wrote an Op-Ed in the Wall Street Journal, warning Americans of this scheme.

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Mortgage Applications Plunge Further - Near 19 Year Lows

Wednesday, February 19, 2014

The past 5 weeks have seen mortgage applications crumble a further 16% - their biggest such drop in 14 months as the index for home purchase applications hovers close to its lowest level since 1995. Non-seasonally-adjusted, this is the worst start to a year in over a decade. Must be the weather?


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U.S. Plunges To 46th In World Press Freedom Index... Below Romania

Monday, February 17, 2014

One of my most popular posts of 2013 highlighted the decline of America’s once large and enviable middle class. It was titled: How Does America’s Middle Class Rank Globally? #27, and it helped to dispel many myths Americans (particularly the mainstream propaganda media) continue to tell to themselves.
As you might expect, the economic decline of a nation into rule by a handful of corrupt oligarchs will have many other negative repercussions. One of these is a loss of civil rights and freedoms that many of us have taken for granted. Reporters Without Borders puts out their Press Freedom Index every year, and the 2014 ranking came out today. It was not a good showing for the USSA. Specifically, the U.S. registered one of the steepest falls of all nations, down 13 slots to the #46 position. As the screen shot shows, just above Haiti and just below Romania.

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The Crisis Circle Is Complete: Wells Fargo Returns To Subprime

Friday, February 14, 2014

"The bank is looking for opportunities to stem its revenue decline as overall mortgage lending volume plunges. It believes it has worked through enough of its crisis-era mortgage problems, particularly with U.S. home loan agencies, to be comfortable extending credit to some borrowers with higher credit risks.

The small steps from Wells Fargo could amount to a big change for the mortgage market. After the subprime mortgage bust brought the banking system to the brink of collapse in the financial crisis, banks have shied away from making home loans to anyone but the safest of consumers.

Any loosening of credit standards could boost housing demand from borrowers who have been forced to sit out the recovery in home prices in the past couple of years, but could also stoke fears that U.S. lenders will make the same mistakes that had triggered the crisis."
and ........

"So far few other big banks seem poised to follow Wells Fargo's lead, but some smaller companies outside the banking system, such as Citadel Servicing Corp, are already ramping up their subprime lending. To avoid the taint associated with the word "subprime," lenders are calling their loans "another chance mortgages" or "alternative mortgage programs." "

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How the U.S. government poisoned alcohol during Prohibition with deadly consequences

Thursday, February 6, 2014

It was Christmas Eve 1926, the streets aglitter with snow and lights, when the man afraid of Santa Claus stumbled into the emergency room at New York City's Bellevue Hospital. He was flushed, gasping with fear: Santa Claus, he kept telling the nurses, was just behind him, wielding a baseball bat.
Before hospital staff realized how sick he was—the alcohol-induced hallucination was just a symptom—the man died. So did another holiday partygoer. And another. As dusk fell on Christmas, the hospital staff tallied up more than 60 people made desperately ill by alcohol and eight dead from it. Within the next two days, yet another 23 people died in the city from celebrating the season.

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Billions wasted on Superbowl security, easily defeated.

Monday, February 3, 2014

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The Red-Light Camera Rip-Off: Rigged Yellow Lights


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