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our mission: to widen the scope of financial, economic and political information available to the professional investing public. to skeptically examine and, where necessary, attack the flaccid institution that financial journalism has become. to liberate oppressed knowledge. to provide analysis uninhibited by political constraint. to facilitate information's unending quest for freedom.

Zerohedge

White House Offers Pelosi ‘Menu’ Of Spending Cuts As Debt-Ceiling Talks Enter Most Fraught Phase

Though you wouldn't be able to tell from the price action in US stocks, which roared back into the green after John Williams offered some of the most dovish comments yet re: a July rate cut, only for his comms staff to walk them back hours later, the market is getting anxious about the prospects for a deal to raise the debt ceiling, which the White House has promised would be reached before the end of the summer. That anxiety has so far manifested in the T-bills curve around the October...

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Libra Will Upset World Economy If It Isn’t Regulated Tightly, G7 Warns

Authored by Thomas Simms via CoinTelegraph.com, Cryptocurrencies such as Libra risk upsetting the world’s financial system if they are not regulated tightly, G7 finance ministers have warned. image courtesy of CoinTelegraph According to Reuters, French finance minister Bruno Le Maire told a news conference on July 18 that the G7 “cannot accept private companies issuing their own currencies without democratic control.” His remarks followed informal talks in Paris, where the Group of...

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Russia Offers Turkey Advanced Su-35 Jets Day After US F-35 Program Expulsion

Could NATO show Turkey the door in the near future? Things could easily reach this point considering the alliance's most easterly member is fast amassing significant Russian defense hardware. With reception of Russian S-400 anti-air components, and now blocked from the F-35 joint strike fighter program per Wednesday's White House announcement, President Recep Tayyip Erdogan is said to be mulling a new Russian offer. "Russia is ready to sell its super-maneuverable Sukhoi Su-35 fighter jets to...

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On The Brink Of World War 3: Here Are 5 Major Developments Within The Last 48 Hours…

Authored by Michael Snyder via The End of The American Dream blog, Has a war between the United States and Iran become inevitable?  That is what some in the mainstream media seem to be claiming, but let us hope that is not true, because such a war would mean immense death and destruction.  If the Iranian regime felt that their survival was at stake, they would throw everything in their entire arsenal at the United States and Israel, and they would unleash Hezbollah to commit horrific acts of...

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Russian Nuclear Reactors Taken Offline In 2nd Serious Incident In Under A Week

In a deeply worrisome development related to Russia's network of ten nuclear power plants nationwide, two of them suffered significant operating incidents in under only one week, causing multiple reactors to be take offline.  Russia's TASS reported that a "transformer short circuit" at the Kalinin nuclear power plant (NPP) resulted in "a complete shutdown of two and a partial shutdown of another power unit in the Tver region" early on Thursday. In total 3 out of the 4 nuclear plant's...

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England: Knife Crime Hits New Record High

Authored by Paul Joseph Watson via Summit.news, Knife crime has hit a new record high in England and Wales, rising 8% on the previous year new figures show. “The figures for police-recorded crime revealed there were 43,516 police-recorded offences involving a knife or sharp instrument, which is the highest since comparable records began in 2011,” reports Sky News. As I have relentlessly argued, the causes of this epidemic are easily identifiable. – The scaling back of “stop and search”...

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Australia Conducts It’s “Largest Amphibious Assult Since WWII”

A joint Australian-U.S. military exercise, called Talisman Sabre 2019, will continue through early August following this week's Australian-led amphibious landing at Langham Beach, Queensland, Australia, reported Naval Today. Forces from around the world (the U.S., New Zealand, United Kingdom, and Japan) practiced one of the most massive beach assault since World War II off the eastern coast of Queensland.  Maj. Gen. Roger Noble, deputy chief of joint operations for the Australian Defence...

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Bowling Alone: How Washington Has Helped Destroy American Civil Society And Family Life

Via Ammo.com, Church attendance in the United States is at an all-time low, according to a Gallup poll released in April 2019. This decline has not been a steady one. Indeed, over the last 20 years, church attendance has fallen by 20 percent. This might not sound like cause for concern off the bat. And if you’re not a person of faith, you might rightly wonder why you would care about such a thing. Church attendance is simply a measure of something deeper: social cohesion. It’s worth noting...

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The Race For The Moon Continues

On July 21, 1969, astronauts Neil Armstrong and Buzz Aldrin were the first men to set foot on the moon. Ten more Apollo astronauts followed in their footsteps until 1972 but since then, no human has set foot on Earth’s closest companion in space. Fifty years later, the race for the moon is starting anew with several countries and private companies announcing missions. As Statista's Katharina Buchholz notes, after the successful landings of Chinese probes Chang'e 3 in 2013 and Chang'e 4 in...

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Demonocracy: The Great Human Scourge!

Via AntoniusAquinas.com, Introduction One cannot speak too highly of Christophe Buffin de Chosal’s The End of Democracy.  In a fast paced, readable, yet scholarly fashion, Professor Buffin de Chosal* demolishes the ideological justification in which modern democracy rests while he describes the disastrous effects that democratic rule has had on Western societies.  He explodes the myth of Democracy as a protector of individual liberty, a prerequisite for economic progress, and a promoter...

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