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Submitted by Eugen von Bohm-Bawerk via Bawerk.net, As expected, PM Abadi was always going to come off worse in his last ditch attempt to try and regain some kind of political initiative by appointing a new look ‘technocratic’ government in Baghdad. But the ailing Prime Minister has managed to back himself into a particularly tight […]

Heiko Maas, the German Minister of Justice, was unable to finish his Labor Day celebration speech on the 1st of May as he was loudly booed and chased off the stage by the German people. The people repeatedly shouted “traitor”, “leftist rat”, “get out!”, “we are the people” and “Maas must go!”, eventually getting him […]Read More

Master and Commander shout out: nicely done, it’s a highly underated film. Indeed, they’re all maggots and give me the urge to vomit.  Voting is a sham folks…but enjoy your form of masturbation. “….I have solved this political dilemma in a very direct way: I don’t vote. On Election Day, I stay home. I firmly […]Read More

What a bunch of worry warts. Just because the Fed and Wall Street have driven home ownership rates to an all-time low and increased the number of renters to an all-time high through their warped monetary schemes, while driving rents up at an annual pace of over 8%, why worry? Just because your monthly rent […]

The Panama Papers leak was for appetizers. The real leak, one which took place quietly and under the radar a few days ago, and may have exposed far more wealthy and important individuals, was that of the Qatar National Bank – the Middle East’s largest lender by assets – where a massive 1.5 GB data […]

Authored by Eric Zuesse via Strategic-Culture.org, The great investigative journalist Seymour Hersh, in two previous articles in the London Review of Books (“Whose Sarin?” and “The Red Line and the Rat Line”) has reported that the Obama Administration falsely blamed the government of Syria’s Bashar al-Assad for the sarin gas attack that Obama was trying to use as an […]Read More

It appears as though the ECB has had enough of the thorn in its side that is Germany in this latest round of back and forth, and has taken to what it does best: jawboning. In an article published today in the Frankfurter Allgemeine Sonntagszeitung newspaper, executive board member Benoit Coeure writes a rambling article […]

While perhaps not quite as dramatic (or confusing) as last week’s announcement by Scottrade that the discount online broker would no longer allow Canadian citizens to hold accounts, in a new surprising development, another online broker, Charles Schwab has started informing some of its clients that “between June and October 2016, Schwab will update the […]

With “safety” stocks at all-time record high valuations and the energy sector trading at over 100x forward earnings expectations, it should apready be clear that a Christmas miracle is what equity bulls are hoping. However, as the following two charts expose all too well, the voyage to the hoped-for hockey-stick in earnings – you know […]

We have written extensively on the topic of Forex and even published an in-depth book about key points “Splitting Pennies – Understanding Forex” – and in the process we’ve learned what investors don’t know about Forex and how it fuels market fears.  So now we’d like to elaborate on the MOST IMPORTANT FACT INVESTORS NEED […]Read More

Via CaseyResearch.com, Gold isn’t an investment. Gold is money. In this succinct interview with Casey Research Director Brian Hunt reveals some of the biggest misconceptions about gold… and why you should own it. Casey Research: Brian, as you recall, we probably get more questions and reader feedback on gold than on any other subject here […]

The New Normal: From $34.00 an Hour to $2.65 Plus Tips. By Cognitive Dissonance As is our custom, about once a month Mrs. Cog and I venture out from our homestead up here on the mountain and seek out civilization. While the Beverly Hillbillies considered this to be movie stars and swimming pools (‘ceement’ ponds […]