What the European Community did to Cyprus was a true crime. They had promised, swore even, that there would never be a default in the Euro. But Greece defaulted and that took down Cyprus. Even according to the European Commission, the European Central Bank, and IMF, the Cypriot economy is expected to contract 8.7% in […]

The Guardian was the first the break the news as always on the latest NSA scandal – this time it is defeating encryption services for people’s bank accounts to private sensitive corporate information. The Guardian has been joined by the New York Times and ProPublica. All three have now jointly reported that the NSA has […]

The only key Arab nations supporting Obama are Saudi Arabia and Qatar and that is all about the pipeline blocked by Syria. There are even rumors that the Cyprus event was used to cripple Russians and cut-off their eventual access to a huge gas field there yet to be brought into production. If the Russians […]

Small business is far too often the victim of nasty state tax collectors who seem to live to destroy jobs and businesses so they climb the ladder to get gold stars. New York State attacked the Melleadys who opened a Philly Pretzel franchise. The state tax collectors are free to interpret the laws any way they […]

What is taking place in Syria is far more complicated than most people suspect. As with everything, there is the story, and then there is the truth lurking behind the story. The region has been flooded with weapons supplied to rebels initially in Libya that have flowed to Syria, Mali, and even back to the […]

QUESTION: If war in the Middle East prostpones the Sovereign Debt Crisis into 2020, will the eonomic decline after the peak of the ECM in 2015 be milder decline in stocks and other private assets? Kind  regards j.k ANSWER: The postponement can be largely a suspension as was the case during World War II. However, these types of […]

    A closing today below 14806 in the Dow Jones Industrials will warn that we should see lower lows in September. The important support lies at 14450. A closing beneath this level will warn of a more dramatic decline of a serious nature. In Gold, we need a closing above 1425 to signal a […]

Sources directly from Capitol Hill revealed that three separate letters were sent to Obama from members of Congress warning him not to take action on Syria before they return. That has been the whole point. Obama faces a debt ceiling battle in September and the Treasury runs out of money in October. John Boehner is […]

The reach of the NSA is simply unbelievable. The NSA has access to the booking system of Lufthansa. The American security authorities may intervene directly in the booking system of Lufthansa of course on the pretense of terrorists who probably announce their plans on Facebook, are using Windows 8 laptops, search via Google, and check financial […]

Obama is not finding it as easy to start a war as Dick Cheney via his patsy George Bush, Jr. Three letters were delivered from Congress to Obama. They informed him that he should not go to war with Syria before Congress returns. Obama tried to skirt that issue of not consulting Congress by just […]