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More Than 101 Million Working Age Americans Do Not Have A Job

Submitted by Michael Snyder of The Economic Collapse blog,The jobs recovery is a complete and total myth.  The percentage of the working age population in the United States that had a job in March 2013...

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From The Painfully Obvious To The Utterly Ridiculous - Your Taxpayer Dollars...

Until now it has been up to the San Francisco Fed to carry the torch for digging-holes-and-filling-them-back-in style research but the Boston Fed may just have trumped them. In the past the SF Fed has...

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THe RaPe Of THe DePoSiT HoLDeRS...

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EU Says Bank Money's Safe After Threats To Take It, Ireland Still Looks Next...

Over the weekend, EU's Olli Rehn said big depositors could suffer in future bank bailouts under new law:Olli RehnOlli Rehn.jpgEuropean Commissioner for Economic and Monetary Affairs and the...

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Putin, Merkel Charged By Naked Female Protesters

While we are sure Frau Merkel and Tovarish Putin are still best buddies since the Cyprus shenanigans, it appears the German host wanted to make sure the Russian felt at home and laid on some...

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Tax Deductible IRA Contributions: Flow Chart

Finally a flow chart to guide you through figuring out your tax-deductible 2012 IRA contribution! Courtesy of The Banker, at Bankers' Anonymous[click to enlarge]

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The Next Domino: Australia Doubles Tax On Retirement Savings

Submitted by Simon Black of Sovereign Man blog,Though Australia’s national balance sheet is comparatively quite strong, the government has been running at a net deficit for years... and they’re under...

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Guest Post: Are Canadian Oil Policies Misguided?

Submitted by Daniel Graeber of OilPrice.comAre Canadian Oil Policies Misguided?The provincial government in Alberta is mulling new rules that would require the oil industry to cut greenhouse gas...

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The 2012 Analog Continues

While the 2012 Deja-Vu chart analog continues to play out in far too similarly scary manner than many had believed possible, a glance at the catalysts over the two months that form the 'tops' should...

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Non-Dealer Interest In 3 Year US Paper Plunges To January 2009 Levels

A few days ago, Bloomberg released an article in which it described the lamentations emanating from the Primary Dealers whose role in bond purchases is being increasingly undercut by Direct bidders who...

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FeDeRaL ReSeRVe DoPe...

. The dope that's addicted the nation Is FED produced fiat inflation A dangerous high We think we can fly It's only a hallucinationThe Limerick King  .    .  Meet the Phil Spector of Fiat Finance

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Dow Jones At New All Time Highs - Here's Why

Curious why the Dow Jones Industrial Average just hit new all time highs? Here's a partial list of recent economic events:Markit US PMI    MissISM Manufacturing    MissISM New York    MissVehicle Sales...

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Short Squeeze? Silver Surges Most In 7 Months

Following yesterday's note on the near-record level of shorts in Silver futures, it is perhaps just a coincindence that spot silver prices are surging today - their biggest jump in seven months. Gold...

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Independent Foreclosure Review: Payments to 4.2 Million Borrowers Covered by...

Payments to 4.2 Million Borrowers Covered by Foreclosure Agreement to Begin April 12 WASHINGTON — Payments to 4.2 million borrowers are scheduled to begin on April 12 following an agreement reached by...

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The Next Capital Control: Banning The €500 Bill

As SF Fed's John Williams notes (here), cash is king, but the strange thing is that while credit/debit transactions rise exponentially, the cash in circulation is also rising at a rapid pace. So where...

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Guest Post: Good Banker, Bad Banker

Submitted by Charles Hugh-Smith of OfTwoMinds blog,It's important to draw a line between two very different flavors of banker: "restrained" (Dr. Jekyll) and "unrestrained" (Mr. Hyde).Those who read The...

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HY Investors Quietly Exit Stage Left

We have discussed the divergence between US equities and credit markets a number of times in the last few months with the old adage that "credit anticipates, and equity confirms." Well, it appears the...

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Korea's Boy Who Cried Wolf Is Now Screaming "Thermonuclear War"

The boy who cried wolf is now openly screaming "thermonuclear war." No, really. AFP reports that North Korea said Tuesday the Korean peninsula was headed for "thermo-nuclear"war and advised foreigners...

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You Will Never Receive a Warning From a Central Banker, Banker or Politician

 Central Banks, Bank CEOs, politicians… all of these people are focused primarily on maintaining CONFIDENCE in the system, NOT on fixing the system’s problems. Indeed, they cannot even openly discuss...

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Did The Shorts Capitulate?

We noted yesterday that the 'gains' that shorts had temporarily enjoyed from the start of April were rapidly squeezed out since the gap-open lows on NFP Friday. However, yesterday's massive...

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