Unfortunately, we are as far away from a Democracy today with little difference from a dictatorship. Congress passes a law for a specific reason. However, judges get to say what they “think” that law means and prosecutors get to stretch it to fit anything they desire. Once a law is enacted, everything they can […]

Snowden deserves the Medal of Honor because the NSA in their greed to be able to hack everyone, has undermined the entire economy globally. They created intentional weak links in security software that they could break and placed at risk the entire world economy because they were too stupid to realize that leaving back-doors open […]

The bank that failed and began a run that resulted in the collapse of Europe debt markets back in the Great Depression was Credit Anstalt in 1931. The Rothschilds were part owners so the news was quite devastating. Here we are again with the Austrian banks in trouble and the next crisis to emerge may […]

As people are arguing that there is a 40% chance of a government shut down and a default on US debt, the House Republicans are circulating proposals to kickstart tax reform, permit the Keystone XL pipeline and trim a number of federal regulations in exchange for a borrowing boost for one year. The deadline in […]

COMMENT FROM AN AUSTRALIAN SENATOR Mr Armstrong, I have been following your work for many years (back through the PEI days) when I was working in the …… I am now an Australian Senator and having seen the inside story of politics, legislative development and the dominant characteristic of ‘self-preservation’ exhibited by elected and unelected […]

Now the focus will be the US debt issue going into early October. The dollar fell and world shares held near a one-week low as concerns over a potential government shutdown in Washington rises and mixed signals on U.S. monetary policy keeps the pundits and investors guessing. The key week will be next week in […]

The US DoJ is expected to file criminal charges against the employees/individuals in the Libor affair – not the 2007 Mortgage scandal that did seriously impact the world economy and sent the national debts of most countries soaring for new heights.

The NSA has become the American Stasi equivalent to the Ministry for State Security (German: Ministerium für Staatssicherheit, MfS). The NSA is very much the modern Staatssicherheit, literally collecting data from all of the cloud providers such as Google, Facebook, Apple and Yahoo, etc. The NSA is now involved in partnerships with all the major telcos […]

The US rare coin market remains strong and is a “movable” asset class as is the case with ancient coins. A rare US $4 dollar “Coiled Hair Stella” gold coin from 1880 was auctioned at Bonhams in Los Angeles on Monday, bringing  $2.5 million, or $1 million more than expected. The coin contains six grams […]

Democratic Senator leader Harry Reid told the press that “Republicans obsessed with defunding health care reform are pushing us closer and closer to a government shutdown that would tank the economy.” A shutdown will not “tank” the economy. Nevertheless, politicians worldwide are ignorant that they are the major threat to the world economy. This socialistic agenda […]