The anxiety over the budget deadlock in Washington continues to rise driving world shares down for a third day on Wednesday, though the expected nomination of Janet Yellen to head the U.S. Federal Reserve has lifted the dollar. The crisis is really that the Democrats see this as the opportunity to screw everyone while blaming […]

America’s police are looking more and more like the military, reports the Guardian. There seems to be a continued effort toward preparing for civil unrest rather than reforming the economic system. We have to STOP all borrowing by government and stop competing with the private sector for capital. As government desperately trying to keep interest […]

The US government has now moved into the second week of a shutdown with 810,000 federal employees furloughed without pay or 28% of their work force. Some believe there is no end in sight largely because the Democrats are trying to use this to destroy the Republicans and the Tea Party. For this reason, Congress […]

In Britain, you cannot get any more brain-dead than the Tories. They are doing a spectacular job at destroying the nation you wonder if they were not in secret league with the left – what the hell – the more chaos the more than can claim vote for them for change. Here too, the clear […]

The definition of real insanity is sticking your finger in the same light socket over and over again, yet expecting a different result. This is what we do with each and every crisis. There is some investigation and political pronouncements, yet NOBODY ever asks has ANYONE ever tried this before and did it work? As […]

QUESTION: “Mr. Armstrong: I am surprised there has been no discussion about the  recent weather pattern and storms throughout the country.  Your prediction of severe storms in the fall based on May being the  coldest in recent history was right on.” Best Regards, R C ANSWER: We will be trying to incorporate another forecasting service […]

QUESTION: Do you believe that the Club you have written about since your piece Behind the Curtain published several years ago is in control of markets rather than the popular conspiracy groups? ANSWER: Actually nobody is in control. If they were, we would not have these contractions since Long-Term Capital Management in 1998 where these […]

In Britain, there has been the private ongoing scandal how insurance companies sell annuities and have been cheating their clients who have counted on these products for their pensions. The entire pension crisis is going to be earth shattering to say the least and far more devastating than the mortgage crisis. Instead of investors and […]

  My father was a lawyer. I studied law. When you do, you are not taught how to OBEY the law, but really how to GET AROUND IT without violating the “letter of the law”. The reason I am being hard on lawyers here is simple. They are trained in the law and assume if […]

The crisis we face in Pension is indicative of the entire problem with Socialism – it just does not work. What is unfolding now is quite simple. Pensions present a very tempting source of funds for cash-strapped governments who desperately need to fill in holes in their overall budgets, Governments have borrowed every year with no […]