What took place in Washington over the past two weeks with the repeal of Dodd Frank and then the effective repeal of the Volcker Rule sounds strikingly familiar to at least three previous periods in American History that led to total disaster. There were of course the Northern “carpetbaggers”, whom many in the South viewed as […]

It seems the one primary area that people disagree with the view of the future is the rise in the dollar that is on the horizon. I have warned that in discussions behind the curtain, there will be a move to replace the dollar as the reserve currency. I have also stated that the only […]

President Barack Obama intends to sign a bill that would hammer even new sanctions on Russia and provide weapons to Ukraine. The legislation would impose sanctions on Russian defense companies tied to unrest in Ukraine. White House spokesman Josh Earnest said Obama “does intend to sign” the bill despite some concerns about the legislation. Separately, […]

The Swiss franc tumbled on Today as its Swiss National Bank’s (SNB) imposed a charge on deposits for two main concerns. First, they are scared of a flood of money exiting Russia buying Swiss driving the franc higher and secondly they remain terrified of anticipated pressure continuing from the Eurozone if the ECB starts full-scale money printing early […]

Tomorrow, Germany’s Constitutional Court will rule on a major tax case that could devastate German business owners. There was no estate tax in Germany so businesses could pass from one generation to the next intact. That may all come to an end tomorrow. The country’s constitutional court will decide whether families can continue to transfer companies […]

So where do we go now? It is beginning to look like we just should move to a beach and live off the land at least until government comes in and begins to tax in-kind as did Rome. Anyone with 10% of a functioning brain is starting to connect the dots. We can see 2015.75 […]

Jamie Dimon, head of JP Morgan, personally telephoned individual lawmakers to urge them to vote for the repeal of Dodd Frank. This is getting really out of hand. Let us make this very clear. Besides the fact that these banks LACK the models to prevent them from blowing up every single time running to government with […]

Yep. The US Department of Treasury is trying to order survival kits for all of its employees who oversee the federal banking system, according to a new solicitation they put out. These survival kits are to be for every employee at the Office of the Comptroller of the Currency (OCC), which conducts on-site reviews of […]

  I have warned that governments always turn against the people. Illinois just made it a felony to film police abuse in the USA. The Spanish government has followed the same course. Despite protests from political, judicial and population, the politicians who are becoming ruthless elite dictators rather than democratic representatives of the people, passed […]

  In Italy, there are again serious protests against austerity measures. A major general strike has paralyzed Italy as public life style has simply collapsed. Nationally, 54 demonstrations were held around the country.Citizens are protesting against the austerity measures and labor market reforms the government has been compelled to implement because of Brussels.The German Chancellor […]