By proposing a $10 per barrel tax on every barrel of oil produced in the U.S., Obama wants to add a 25 cent gas tax on every gallon of gas you purchase at the pump. He wants to use it to pay for his green transportation initiatives. It’s all happening so fast, it’s hard to […]
ECONOMY
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They just went and did it. They signed the TPP.1
Out-of-touch Trade Ministers and bureaucrats just ignored millions of Internet users and signed the TPP at an Auckland casino. And get this: New Zealand police were intimidatingly knocking on the doors of “known activists” demanding to know about any plans to protest the extreme censorship plan.2 The deal may be signed, but they still need […]
Francois Hollande Admits Socialist Policies Failed, Declares “Economic State Of Emergency”
Remember when showing ‘progress’ in Europe was as simple as pointing to your high stock market or low bond yields to “prove” everything is awesome. Since 2012, when Mr Hollande came to power, more than 600,000 people have joined the ranks of the unemployed at a time when joblessness has decreased in most of the […]
CHINA HAS ORDERED IT’S BANKS TO STOP PURCHASING U.S. DOLLARS
CHINA HAS ORDERED IT’S BANKS TO STOP PURCHASING U.S. DOLLARS In a stunning move, China has suspended some banks from Foreign Exchange markets and ordered other banks to stop buying Dollars. China’s foreign exchange regulator has ordered banks in some of the country’s major import and export centers to limit purchases of U.S. dollars this month, three […]
58 Facts About The U.S. Economy From 2015 That Are Almost Too Crazy To Believe
Submitted by Michael Snyder via The Economic Collapse blog, The world didn’t completely fall apart in 2015, but it is undeniable that an immense amount of damage was done to the U.S. economy. This year the middle class continued to deteriorate, more Americans than ever found themselves living in poverty, and the debt bubble that […]
Greeks Told To Declare Cash “Under The Mattress”, Jewelry And Precious Stones
When earlier today we read a report in the Greek Enikonomia, according to which Greek taxpayers would be forced to declare all cash “under the mattress” (including inside) or boxes that contain more than 15,000 euros as well as jewelry and precious stones (including gold) worth over 30,000 euros, starting in 2016, we assumed this […]
Enter the Dragon: Chinese yuan to become global reserve currency
The International Monetary Fund (IMF) gave the yuan a vote of confidence on Monday by including the Chinese currency in its Special Drawing Rights (SDR) uniting the US dollar, euro, British pound and the Japanese yen. Adding the yuan as a reserve currency will allow central banks to buy more of the Chinese currency, and […]
House passes legislation to audit the fed
In a 241-185 vote, the House passed a bill Thursday largely along party lines that would make major changes to the way the Federal Reserve operates in an attempt to create more transparency. The Fed Oversight Reform and Modernization Act, spearheaded by Michigan Republican Rep. Bill Huizenga, would lift restrictions placed on the Government Accountability […]
Art Bell: Midnight in the Desert April 30th 2015
Art Bell – Midnight in the Desert Art Bell the king of late night talk radio returns in July 2015. What we are doing with Midnight is a pretty big project, it’s not like hopping on to a existing Network, Keith and me are building all this from the ground up and we are choosing […]