No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.
Considering that evidence of inflation abounds, the Federal Reserve has pulled off a good trick by convincing Americans that we are about to "suffer" through a protracted period of deflation. Why have we been so easily duped? In the past ten years, the monetary base has grown from $600 billion to $2 trillion. This expansion has accompanied a rise in the price of gold from below $300/oz at the beginning of the decade to around $1,200/oz today. The price of gold is the best arbiter for a currency's purchasing power. Therefore, gold is still telling us that inflation is eroding the value of our dollar. Other commodities, like crude oil, are telling the same story. Ten years ago, a barrel of oil was trading for $25. Today, it is $78.
The big picture: With a weakening labor market, softer consumer confidence, softening housing activity and retail sales, and an intensifying trade deficit, the early stages of a renewed economic decline — what likely will be popularized as a "double-dip" recession — have begun to unfold. Accordingly, most business reporting in the months ahead will tend to show patterns of accelerating contraction.
“It’s flown under the radar,” professor Stempel says. “Regulators have not done their job.” Until public officials wake up, the bereaved will remain a secret profit center for the life insurance industry.
This appears to be the first time, however, that the intelligence community and Google have funded the same startup, at the same time. No one is accusing Google of directly collaborating with the CIA. But the investments are bound to be fodder for critics of Google, who already see the search giant as overly cozy with the U.S. government, and worry that the company is starting to forget its “don’t be evil” mantra.
Almost 5 million California adults say they could use help with a mental or emotional problem, according to a survey released Wednesday by researchers at UCLA. About 1 million of them meet the criteria for "serious psychological distress."
China may have no intentions of using its growing military might, but that is of little comfort for Western countries. From the World Trade Organization to the United Nations, Beijing is happy to use its soft power to get what it wants -- and it is wrong-footing the West at every turn.
The law, signed last week by President Obama, exempts the SEC from disclosing records or information derived from "surveillance, risk assessments, or other regulatory and oversight activities." Given that the SEC is a regulatory body, the provision covers almost every action by the agency, lawyers say. Congress and federal agencies can request information, but the public cannot.
The dollar had collapsed as world reserve currency in 2012 when the worsening economic depression made it clear to Washington’s creditors that the federal budget deficit was too large to be financed except by the printing of money. America’s collapse occurred when government ceased to represent the people and became the instrument of a private oligarchy. Decisions were made in behalf of short-term profits for the few at the expense of unmanageable liabilities for the many. Overwhelmed by liabilities, the government collapsed.
July 29 (Reuters) - Uncertainty over tax policy and new regulations is hindering U.S. businesses, making any potential further monetary accommodation by the Federal Reserve likely ineffective, a top Federal Reserve official said on Thursday.
July 29 (Bloomberg) -- Foreclosure filings climbed in three-quarters of U.S. metropolitan areas in the first half as high unemployment left many homeowners unable to pay their mortgages, according to RealtyTrac Inc.
European banks have amassed €30 trillion in liabilities and face a serious funding threat over the next two years as authorities withdraw emergency support, according to a new report by Standard & Poor's.
And Here's that Rare Weimar Book That Bankers are Buying & Everybody is Talking About from $249-$749.00 on Amazon! BE SURE TO DOWNLOAD IT BEFORE IT DISAPPEARS!!!
FREQUENTLY ASKED QUESTIONS
Almost 5 million California adults say they could use help with a mental or emotional problem, according to a survey released Wednesday by researchers at UCLA. About 1 million of them meet the criteria for "serious psychological distress."
