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Apocalypse, New Jersey: A Dispatch From America’s Most Desperate Town

Just as income disparity is reaching a historic high, so are the conditions in the ‘real’ America, as expressed by conditions in Camden, New Jersey.  New Jersey is one of the wealthiest states in the USA, and also home of some of the most violent, crime ridden counties.  Here’s Matt Taibbi’s description of a real […]

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EPA fraud casts doubt on institutional approach towards social management

Another government fraud doesn’t seem surprising, but we should look closer at this recent employee of the EPA; in fact their highest paid employee, who was thought to be an expert on climate change.  He was a liar, embezzler, and overall bad employee, according to his lawyer, he didn’t work for periods of 18 months. […]

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Chart: Goldcore’s portfolio diversification

  This chart outlines main key considerations when creating a cash portfolio.  It assumes the user wants to protect the portfolio from various fees and regulations such as ‘bail-ins,’ negative interest rates, counter-party risk, insolvency risk, etc.

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The IMF wants you to pay 71% income tax

When the IMF suggests increases in tax rates potentially as high as 71%, we should listen.  The IMF has been at the forefront of global financial political agendas such as the one world currency (SDRs), default of the USD from the Gold standard (thus creating Forex market), and the backing of international ‘death’ loans as […]

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The Pathology of the Rich – Chris Hedges on Reality Asserts Itself

Paul Jay, Senior Editor, TRNN: Welcome to The Real News Network. I’m Paul Jay in Baltimore. And welcome to Reality Asserts Itself. A few weeks ago, we did a series of interviews with Chris Hedges, and one of the things we talked about was the weakness of the left, the weakness of the people’s movement, if […]

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Fidelity Bans IRA Bitcoin Investments Days After Permitting Them

The debate over the institutional use of Bitcoin continues, as Fidelity allows IRA investment into Bitcoin, but then quickly reverses their position: Following what we can only imagine was uproar following our discussion of Fidelity “allowing self-directed IRA holders to ‘invest’ in Bitcoin,” [3] the company has very quickly reversed policy… As MarketWatch notes [4], “On an individual basis, we […]

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Prepper Properties

Real Estate is one of the most discussed asset classes (if you can call it that), while not the least understood, those in the business promote certain aspects of real estate through marketing in order to sell their developments, whether they be industrial, commercial, or residential. Inside any crisis portfolio should be some land, land […]

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Volcker Rule Ushers in Era of Increased Oversight of Trades

Finally, the Volcker rule is being implemented, after 3 years of debate and modifications.  Although it’s not as originally proposed, today is the first day the rule is being enforced.  It’s questionable though, how much this rule will actually impact the markets.  Banks are now not doing proprietary trading, but other entities will.  What this […]

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Welcome to the horror show – 2 Americas

America is a country that is now utterly divided when it comes to its society, its economy, its politics. There are definitely two Americas. I live in one, on one block in Baltimore that is part of the viable America, the America that is connected to its own economy, where there is a plausible future […]

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What the Fed can do to save the economy, give money to people, not banks

An Idea! Let the Fed Drop Money into Your Bank Account Instead of Raining it Down on the Rich Dec 08, 2013 – 05:56 PM GMT By: Ellen_Brown The Fed could be an institution that serves all the people, not just the 1%. The Federal Reserve is the only central bank with a dual mandate. It […]

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