Source – home.solari.com – “…McDonnell Property Analytics’ mission is, and always has been: To Raise the Standard of Truth in Lending Through Auditing, Education and Advocacy…Without meaningful disclosure, consumers cannot make informed credit decisions, which leaves them vulnerable to exploitation” Your Mortgage: Financing Your Home Without Falling for Fraud – By Catherine Austin Fitts &…
Source – nakedcapitalism.com – “…The financial liberalisation and deregulation of the 1980s saw the gradual removal of credit guidance and credit control policies which were seen to distort the efficient allocation of capital…for the 1973 to 2005 period, for advanced economies, we find that the liberalisation of credit markets and removal of credit guidance is…
Source – themindunleashed.com – “…Companies such as Lockheed Martin, which made $44.9 billion in arms sales in 2017, enjoy revenue from the U.S. government alone that totals more than the combined annual budgets of the Internal Revenue Service (IRS) and Environmental Protection Agency (EPA)” Blood Money’, Meet the Top 20 Companies Profiting From Endless War…
Source – wolfstreet.com – “…This house didn’t get bigger or better or more opulent. It just got older. What has changed in a major way is the purchasing power of the Canadian dollar with regards to assets, particularly with regards to homes: This purchasing power has plunged. And what you’re seeing here are the effects…
Source – oftwominds.com – “..The only way to enable debt-serfs to service their debts is to give them free money, i.e. Universal Basic Income (UBI). Don’t kid yourself that the proponents of UBI are wunnerful folks just trying to be generous; the only purpose of UBI is to enable debt-serfs to keep servicing their debts…
Source – economicprism.com – “…Stealing someone else’s property and then reducing the spoils valued at $33,000 to a payout of about $30 is a remarkable achievement. Mele’s Coin Star transaction delivered a loss of over 99.9 percent. But he’s not alone…The Federal Reserve, in concert with the U.S. Treasury, has been part of an extensive…
Source – dollarcollapse.com – “…The wave of populism/socialism/proto-fascism that’s sweeping the US and Europe is a direct result of the breathtaking hubris of a ruling class that didn’t know when to quit stealing” Poetic Justice For The Aristocracy – By John Rubino Two points about today’s political economy – and then a prediction involving Illinois:…
Source – econimica.blogspot.com – “…The reason for fast declining birthrates since 2007 in the US and among most nations globally seems to be the current ZIRP and low interest rates and Quantitative Easing programs which have the effect of inflating asset prices” Economic Doom Loop Well Underway – By Chris Hamilton From 2007 through 2018,…
Source – tomdispatch.com – “…The only thing the majority of Americans possess a greater proportion of than that top 1% is a mountain of debt. The bottom 90% are the lucky owners of about three-quarters of the country’s household debt. Mortgages, auto loans, student loans, and credit-card debt are cumulatively at a record-high $13.5 trillion”…
Source – oftwominds.com – “…The poster child of Fed magic is corporate buybacks, which 1) create no goods 2) create no services 3) do nothing to improve real wealth creation, i.e. higher productivity and 4) burden the company with higher debt loads, inhibiting future capital investment in actual productive capacity” The Doomsday Scenario For The…
Source – whatreallyhappened.com – The US has been at war some 222 years of its 239 year existence, which is 93% of the time. We have the most powerful military in the world, bigger and more powerful than the next 14 countries combined, most of which are our allies. (Graph): Wars are created as a…
Source – revealnews.org – “…Decades ago, the federal government relinquished direct control of the student loan program, opening its bank to corporations concerned with profits, not diplomas. Private equity companies and Wall Street banks seized on the flow of federal loan dollars by peddling loans that students sometimes could not afford and then collecting fees…
Source – rt.com – International NGOs have the potential to be world leaders in the provision of a better world for millions of people, instead they abuse their usually tax-exempt position, breaking promises and leaving people in misery. Earlier this year, 21WIRE reported on the enormous scale of foreign foundation ‘aid’ fraud in Haiti, with…
Source – zerohedge.com – “…The 400 richest Americans – the top 0.00025% of the population – have tripled their share of the nation’s wealth since the early 1980s. Those 400 Americans own more of the country’s riches than the 150 million adults in the bottom 60% of the wealth distribution, who saw their share of…
Source – strategic-culture.org – “…By building the world’s most cost-effective designers and producers of weaponry, Russia wouldn’t only be responding to America’s ongoing hostility — or at least responding to the determination of America’s aristocracy to take over Russia, which is the world’s largest trove of natural resources — but would also expand Russia’s export-earnings and international influence…
Source – oftwominds.com – “…The current recession has not yet been acknowledged, but this is standard operating procedure: recessions are only declared long after they actually start due to statistical reporting lags…So what caused the recession of 2019-21? Apparently nothing…This lack of apparent trigger will mystify conventional economists…The cause of the recession of 2019-21 is…
Source – sjlendman.blogspot.com – “…Venezuela is being slowly suffocated by US asymmetrical warfare…Making Venezuela’s economy scream aims to crush it into submission, leaving it vulnerable to stealing the nation by the US” ‘Grand Theft Venezuela, Stealing a Nation’, Financial Warfare Precipitates Economic Collapse – By Stephen Lendman Michael Hudson explained that Washington “treat(s) Venezuela as an…
Source – oftwominds.com – “…No longer content with blowing one credit-speculative bubble at a time, central bankers coordinated their efforts in 2009-2018 and inflated the Everything Bubble…But the Everything Bubble merely papered them over with a triple-whammy credit-speculative orgy of unprecedented enormity…consumption that was once paid out of earnings / revenues is now paid by…
Source – counterpunch.org – ‘…The three wealthiest families — the Waltons, the Kochs, and the Mars — increased their wealth by nearly 6,000 percent since 1983…Despite massive increases in growth and productivity, the median family saw their wealth go down over the past three decades, not up” How the Age of Billionaires Ends – By Josh…
Source – whowhatwhy.org – “…As a gateway to Latin America, Mexico seemed destined to be a US subsidiary, not a partner. So it was doubly ironic when the United States “sneezed,” as it were. The recklessness of the US banking system and insufficient oversight by its key regulator, the Federal Reserve, caused a US financial…
Source – oftwominds.com – ‘…Costs have tripled in 24 years, but have wages tripled? No. In many cases, they haven’t even kept pace with official inflation, much less real-world inflation…Sorry, boom-time America: the lifestyle you ordered in now out of stock and we have no indication it will be in stock again within the foreseeable…
Source – oftwominds.com – “….Entrenched, self-serving elites are protected from the disastrous consequences of their policies and self-serving greed. In Taleb’s terminology, they have no skin in the game: policies can be complete failures but nobody’s fired, and nobody’s pay is cut” Why Everything That Needs to Be Fixed Remains Permanently Broken – By Charles Hugh…
Source – Alt-Market.com – “…We are encouraged to box with our own shadows, to produce for the system but not for ourselves, to struggle for minimal gains spent haphazardly on meaningless objectives, to fight with each other for scraps while remaining blind to the enormous parasites attached to our backs” The Psychological Warfare Behind Economic Collapse…
Source – truthdig.com – “…If you really want to grasp what’s been happening, consider that, between 2009 and 2017, the number of billionaires whose combined wealth was greater than that of the world’s poorest 50% fell from 380 to just eight” The World Is Now the Property of the 1 Percent – By Nomi Prins As we head…
Source – oftwominds.com – “…Our crisis isn’t just political—it’s structural…the organizations that dominate our economy—centralized corporations and government—become destined to fail. We see this failure in both the soaring inequality that has hollowed out the American Dream as well as in the rising tide of social and political disunity” Neofeudalism Isn’t a Flaw of the…
Source – globalresearch.ca – “…Since the 99% in debt to the hilt have been squeezed dry, while the 1% have made this planet nearly unlivable as the only ones filthily richly profiting from their plundering this earth, the transnationals are the sole entities with the financial capital and means to clean up the very mess…
Source – theeventchronicle.com – “…Catherine goes into great detail about the over 21 Trillion in Missing Money from the Department of Defense (DOD) and the US Housing and Urban Development (HUD). The money has been disappearing over the course of two decades through a mysterious process called ‘Undocumented Adjustments.” The forces behind the money drain…
Source – globalresearch.ca – “…Any dictionary will offer a simple definition of ‘sanity’ along the lines of ‘soundness of judgment or reason’ and ‘the ability to think and speak in a reasonable way and to behave normally’. But if we use this definition of sanity then, obviously, ‘sanity’ must be interpreted to mean that it…
Source – davidstockmanscontracorner.com – “…Contra Corner website (http://davidstockmanscontracorner.com) is a daily must-read for anyone interested in the truth about our rigged economy” – David Stockman is our guest this week in the first of a two-part interview. He is also speaking at our Mises Circle event in Stamford, Connecticut, next week, along with Jim Grant…
Source – heraldscotland.com – The Vatican’s bank, the Institute for Works of Religion (the IOR), acquired a sulphurous reputation in the 1970s when its American head, Archbishop Paul Marcinkus, went into business first with Michele Sindona, a Cosa Nostra-linked financier who would end up convicted of bankruptcy and murder, and then Roberto Calvi, who would…
