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Federal Reserve Bank Admits AGAIN

That It Is Not a Federal Agency

Why is the Gold Standard Urgent?

Posted by: Gold Standard I...
Post date: 10/15/2014 - 02:13
The fiat dollar harms us in many ways, but
rising prices is the least of them. There is no
limit to prices, but credit abuse can only
continue so long, before the dollar fails.

Posted by : George Washington

Post date: 10/14/2014 - 18:40
Long-Time Zero Hedge Readers Have Known This
Forever ... But Those Who Get Their News from
the MSM Would Be Shocked, Shocked I Say ...

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Crowdfunding - Disruptive Finance Goes

Global
Posted by: Capitalist Exploits
Post date: 10/15/2014 - 05:45
Crowdfunding is here, it is real, and it is growing!

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12 Charts That Show The Permanent Damage

That Has Been Done To The US Economy

Quality Penny
Stocks

Submitted by Tyler Durden on 10/14/2014 20:03 -0400

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Submitted by Michael Snyder via The Economic Collapse blog,

Most people that discuss the "economic collapse" focus on what
is coming in the future. And without a doubt, we are on the
verge of some incredibly hard times. But what often gets
neglected is the immense permanent damage that has been done
to the U.S. economy by the long-term economic collapse that we
are already experiencing. In this article I am going to share
with you 12 economic charts that show that we are in much,
much worse shape than we were five or ten years ago. The
long-term problems that are eating away at the foundations of
our economy like cancer have not been fixed. In fact, many of
them continue to get even worse year after year. But
because unprecedented levels of government debt and
reckless money printing by the Federal Reserve have
bought us a very short window of relative stability, most
Americans don't seem too concerned about our long-term
problems.
They seem to have faith that our "leaders" will be able to find a
way to muddle through whatever challenges are ahead.
Hopefully this article will be a wake up call. The last major
wave of the economic collapse did a colossal amount of damage
to our economic foundations, and now the next major wave of
the economic collapse is rapidly approaching.
#1 Employment
The mainstream media is constantly telling us about the
"employment recovery" that is happening in the United States,
but the truth is that it is just an illusion. As the chart below
demonstrates, just prior to the last recession about 63 percent of
all working age Americans had a job. During the last wave of
the economic collapse, that number dropped to below 59 percent
and stayed there for a very long time. In the past few months
we have finally seen the employment-population ratio tick back
up to 59 percent, but we are still far, far below where we used
to be. To call the tiny little bump at the end of this chart a
"recovery" is really an insult to our intelligence...

Audio Commentary From RanSquawk:

RanSquawk News Fly On The Wall

Benzinga Pro
10-15 5:12: South Korea said to offer talks with North
Korea on 30th October,...
10-15 5:12: Unicredit (UCG IM) CEO confident UCCMB sale
process to go ahead; to...
10-15 5:12: Spain's Current Account surplus at EUR 1.4bln
in July
10-15 5:12: Second health-care worker tests positive for
Ebola in Texas
10-15 5:12: Analysts at Bank of America see strong support
for Brent crude at USD...
10-15 5:12: Banco Populare (BP IM) CEO aims to use all
TLTROs for lending
10-15 5:12: Bank of America lowers aluminium price
forecast for 2014 by 1.6% to...
10-15 5:12: Analysts at IFR say the threat to the 1.1400
barrier in USD/CAD will...
10-14 16:43: Synergetics USA, Inc. Reports Q4 EPS of
$0.06 vs $0.03 Est; Revenue of $18.0M vs $17.32M Est
10-14 16:43: Ecolab Opens Doors Of New Manufacturing
Facility In Singapore
10-14 16:43: Healthcare Services Group Raises Qtr.
Dividend from $0.17375 to $0.175/Share
10-14 16:43: Healthcare Services GroUp, Inc. Reports Q3
EPS of $(0.31) vs $0.22 Est; Revenue of $320.10M vs
$330.86M Est
10-14 16:43: Consumer Portfolio Services, Inc. Reports Q3
EPS of $0.24 vs $0.22 Est; Revenue of $77.10M vs
$59.63M Est
10-14 16:43: UPDATE: Matador Resources Raises FY14 Oil
Production Outlook
10-14 16:43: UPDATE: Matador Resources Quarterly OilEquivalent Production Up 19%
10-14 16:43: Matador Resources Raises FY14 Oil Production
Outlook

New Comments Today's Top Stories

10-15 6:32: Sticky situation isn't it? (negative rates)
10-15 6:32: So the dickhead Freidan now (wmbz)
10-15 6:32: Ebola viruses do not follow
(MasterOfTheMult...)
10-15 6:32: Unintentional comedy at its (Eirik Magnus
Larssen)
10-15 6:31: Listen. Ewwww. I "GOT" the (Bangalore
Equit...)
10-15 6:30: I check ZH every morning just (Philo Beddoe)
10-15 6:30: At least 125 people were (JustObserving)
10-15 6:30: God will make more for him. (Supafly)
10-15 6:30: CDC Ebola Safety Protocols (Gadfly)
10-15 6:29: I worked in a hospital for 4 (mrpxsytin)

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#2 The Labor Force Participation Rate

The percentage of Americans that are either employed or
currently looking for a job started to fall during the last
recession and it has not stopped falling since then. The labor
force participation rate has now fallen to a 36 year low, and this
is a sign of a very, very sick economy...

Without Attracting The Interest Of [Human Resources/The

Treasury/Black Helicopters]" Guide
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disclosure. Here's our Cookie Policy.
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Market Folly

#3 The Inactivity Rate For Men In Their Prime Years

Some blame the decline in the labor force participation rate on
the aging of our population. But it isn't just elderly people that
are dropping out of the labor force. In fact, the inactivity rate
for men in their prime working years (25 to 54) continues to rise
and is now at the highest level that has ever been recorded...

Market Montage
Max Keiser
Minyanville
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What's this?

Trim Tabs Blog

Value Walk
View From The Bridge
Wolf Street

#4 Manufacturing Employees
Once upon a time in America, anyone that was reliable and
willing to work hard could easily find a manufacturing job
somewhere. But we have stood by and allowed millions upon
millions of good paying manufacturing jobs to be shipped out of
the country, and now many of our formerly great manufacturing
cities have been transformed into ghost towns. Over the past
few years, there has been a slight "recovery", but we are still
well below where we were at just previous to the last
recession...

#5 Our Current Account Balance

As a nation, we buy far more from the rest of the world than
they buy from us. In other words, we perpetually consume far
more wealth than we produce. This is a recipe for national
economic suicide. Our current account balance soared to
obscene levels just prior to the last recession, and now we have
almost gotten back to those levels...

#6 Existing Home Sales

Our economy has never fully recovered from the housing crash
of 2007-2008. As you can see from the chart below, the number
of existing home sales is still far below the level that we hit back
in 2006. At this point we are just getting back to the level we
were at in 2000, but our population today is far larger than it
was back then...

#7 New Home Sales

Things are even more dramatic when you look at new home
sales. This is an industry that have been absolutely
emasculated. The number of new home sales in the United
States is just a little more than half of what it was back in 2000,
and it isn't even worth comparing to what we experienced during
the peak of 2006.

#8 The Monetary Base

In a desperate attempt to get the economy going again, the
Federal Reserve has been wildly printing money. It has been so
reckless that it is hard to put it into words. When I look at this
chart, the phrase "Weimar Republic" comes to mind...

#9 Food Inflation
Thankfully, much of the money that the Federal Reserve has
been injecting into the system has not made it into the real
economy. But enough of it has gotten into the system to force
food prices significantly higher. For example, my wife went to
the store today and paid just a shade under 10 bucks for just
four pieces of chicken. And as you can see from the chart
below, food prices have been steadily going up in America for a
very long time...

#10 The Velocity Of Money

One of the reasons why we have not seen even more inflation is
because the velocity of money is extraordinarily low. In
general, when an economy is healthy money tends to flow
through the system rapidly. People are buying and selling and
money changes hands frequently. But when an economy is sick,
money tends to stagnate. And that is exactly what is happening
in the United States right now. In fact, at this point the velocity
of the M2 money stock has dropped to the lowest level ever
recorded...

#11 The National Debt

As our economic fundamentals have deteriorated, our politicians
have attempted to prop up our standard of living by borrowing
from the future. The U.S. national debt is on pace to
approximately double during the Obama years, and it
increased by more than a trillion dollars in fiscal year 2014
alone. Despite assurances that "the deficit is under control", the
federal government borrows about a trillion dollars a year to
fund new spending in addition to borrowing about 7 trillion
dollars to pay off old debt that is coming due. What we are
doing to future generations of Americans is absolutely criminal,
and it is just a matter of time before this Ponzi scheme totally
collapses...

#12 Total Debt

Of course it is not just the federal government that is gorging on
debt. When you add up all forms of debt in our society
(government, business, consumer, etc.) it comes to a grand total
of more than 57 trillion dollars. This total has more than
doubled since the year 2000...

If you know anyone that believes that we are in good economic

shape, just show them these charts.
The numbers do not lie. Our economy is sick and it is
getting sicker by the day.
And of course the next major financial crisis could strike at any
time. U.S. stocks just experienced their worst week in three
years, and if cases of Ebola start popping up around the country
the fear that would cause could collapse our economy all by
itself.
The debt-fueled prosperity that we are enjoying today is not
real. We are living on the fumes of our past, and every single
day our long-term problems get even worse.
Anyone with half a brain should be able to see what is
coming.
Sadly, most Americans will continue to deny the truth
until it is far too late.
Average:
Your rating: None Average: 4.6 (28 votes)

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Kina

Tue, 10/14/2014 20:07 | 5331491

Argentina wish
they had a reserve currency...
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comments

Rememberweimar
Dismantle the
Israeli owned
and operated
Federal Reserve

Tue,
10/14/2014 20:32 |
5331587

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post comments

PhilofOz
Is that you
Francis
Sawyer?

Tue,
10/14/2014
- 22:46 |
5332063

ps true words of wisdom regardless.

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to post comments

90's Child

Tue,

10/14/2014
Their
all
- 23:03 |
going
5332121
up.... So
that's good right?
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post
comments

nink

Tue,

All looks good

to me BTFD
and Bring on QE4

10/14/2014 20:33 |
5331592
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post comments

CASTBOUND

Wed,

10/15/2014 I'm making

over $7k a
04:18 |
month
5332544
working part time. I
kept hearing other people tell me how much money they
can make online so I decided to look into it. Well, it was
all true and has totally changed my life. This is what I
do...
w
w
w.j
o
b-r
e
p
o
r
t
s.c
o
m
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post comments

Gavrikon
Gay male
prostitute?

Wed,
10/15/2014
- 04:31 |
5332553
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to post comments

DirkDiggler11

Tue, 10/14/2014 -

20:09 | 5331498
Another freaking
list, how come i knew this was Synder before i even
clicked on fhe article ...
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comments

IridiumRebel
"YOU JUST
MADE THE
LIST, BUDDY."
-Francis Sawyer

Tue,
10/14/2014 20:13 |
5331514

Login or register to
post comments

Cliff Claven

Tue,

Cheers

10/14/2014
U.S. Isn't
Done With
Ebola

- 20:32 |
5331594

Researchers predict more cases in the United States

based on flight patterns.
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to post comments

Monty Burns
" i knew this
was Synder
before i even clicked
on fhe article ..."

Tue,
10/14/2014 20:37 |
5331611

Me too. It's actually easy to make such lists and they can
be very misleading. IMO he sets out to prove some
point and then selects a 'List' of statistics to prove it while
ignoring those that suggest an alternative outcome.
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Austrianhungry

Tue,

10/14/2014
Another
list! How
- 21:52 |
come
5331870
when I saw this I
knew you crybabies would be on here sobbing about
it! If you don't like it don't read it, go back to old
Krugman columns.
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to post comments

PT

Tue,

10/14/2014
It's not
hard to
- 22:42 |
avoid
5332046
these "list"
articles. He warns you what is coming in the
headline. But you click here anyway. You've got the
whole internet to look at, yet you are attracted to the
one little part that annoys you.
Yeah, I got the same problem. Imagine how infinitely
successful we would be if we were attracted to the
parts of the internet that could help us.
Or perhaps the internet really is no better than a
magazine stand or a library. The information you
need is not there. All the good information is hidden.
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to post comments

Austrianhungry
And that
means you
Dick digger!!

Tue,
10/14/2014 21:55 |
5331880
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post comments

WTFRLY

Tue, 10/14/2014 -

20:16 | 5331530
'Leverage year':
Monsanto executives on why the $156 million earnings
loss doesn't matter
http://wtfrly.com/2014/10/14/leverage-year-monsantoexecutives-on-why-th...
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comments

A Lunatic

Tue, 10/14/2014 -

I was promised a 20:18 | 5331534

fucking unicorn, and by god, I want a fucking
unicorn........
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comments

max2205
Does it have
to shit

Tue,
10/14/2014 20:39 |

skittles

5331620
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post comments

Wed,
10/15/2014
- 03:04 |
5332482
TheMerryPrankster
Yes,and it better be a pair of lesbian unicorns
with matching dwarf stable boys and a set of
zebra striped chickens in every pot or this aint
america.
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to post comments

ImGumbydmmt

Tue, 10/14/2014 -

20:18 | 5331536
a future collapse
is a mathematical certainty, but when is very hard to
predict.
However, Ebola, as a cause for an economic collapse, would
make a great cover story for the true cuprits to avoid pitch
forks by the sheeple.

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comments

surf0766

Tue,

10/14/2014 Why was

there a $518
20:25 |
million dollar
5331564
grant to the
Community group? Another welfare program funded
under the most transparent administration ever.
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10mm

Tue,
Sheeple will
never take a
pitchfork to

hand.

10/14/2014 21:13 |
5331716

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post comments

Duc888

Tue, 10/14/2014 -

20:23 | 5331552
Argentina's black
market is undoubtably more developed than ours here
in USA. Commerce will take place, either on the
books or off the books.
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comments

JR

Tue, 10/14/2014 -

20:24 | 5331559
Whats ahead for
the future of the average American, prepared in
recent years by the banking Establishment:
POVERTY. In an explosive, packed with facts assault on the
system, Ted Rall delivers the squeeze play ahead now for
Generation X and those to follow..
And never mind that the U.S. Census Bureau reports that
Generation X statistically holds the highest education levels
when looking at current age groups, according to Wikipedia,
or that Gen Xers are arguably the best educated generation
with 29% obtaining a bachelors degree or higher (6% higher
than the previous cohort), according to William J. Schroer.
Millions of Gen Xers Will Be Homeless Before You
Know It | Ted Rall |October 13, 2014
Excerpt reposted):
Were staring down the barrel of an epic old age crisis. For
the average American, to be elderly will mean not mere belttightening, but real, grinding poverty: homelessness and
hunger.
Throughout the last few decades, vulnerable people living
from payday to payday have gotten battered by the shredding
of the government safety net, a lack of accumulated savings

caused by the boom-and-bust cycle...,and a lackluster real

estate market.
Now members of the poor and lower middle class in their 50s
and 60s are heading into a retirement crisis created by a
perfect superstorm.
Traditional defined-benefit pension plans have been replaced
by stingy 401(k)s and similar programs which employers no
longer pay into, cap how much you can contribute (assuming
you can afford it), take a beating during downturns in the
stock market, and allow workers to tap when theyre laid off
or run into financial trouble. After years of sketchy raids and
outright theft, workers with old-fashioned corporate and
government pensions cant be sure their money will be there
when they need it. The first Generation Xers many of
whom never had the opportunity to accumulate wealth
due to several long recessions that impacted them
particularly hard will reach the traditional
retirement age of 65 in the year 2024.
The facts are brutal:
No savings: The average Gen Xer only has a net worth of
about $40,000 enough to live on for a year. Maybe. In
Akron. 36% of Americans dont have a dime saved for
retirement.
Later Social Security: Thanks to that lovable wacky Ronald
Reagan, the Social Security retirement age was quietly raised
to 67 for Gen Xers born after 1960. When you finally get
Social Security, it doesnt pay enough. The U.S. ranks third
to last in social security benefits among developed
nations.
Age discrimination: The continuing post-2008 recession hit
those in their 50s especially hard; employers want cheaper,
younger workers. 25% of Americans over age 55 now
have no savings whatsoever.
About those pension plans: When journalists mention
the retirement crisis, they focus on problems with the
defined-benefit system. But thats irrelevant to most
Americans. 90% of private-sector workers dont have
one. Most government workers do but 85% of
Americans work in the private sector.
401ks suck (if you have one). Three out of four
workers have no pension plan. What they might have is a
401k. The average Gen Xer who has a 401k 69%
dont has a $63,000 balance.
Financial experts say 92% of U.S. workers fall
significantly short of what theyll need to live decently
after retirement. In the decades to come, Edward
Siedle writes for Forbes, we will witness millions of elderly
Americans, the Baby Boomers and others, slipping into
poverty. Too frail to work, too poor to retire will become the
new normal for many elderly Americans.
This is about you not some theoretical lazy Other.
We can hit the streets to demand action now or well be
living on them later.
http://rall.com/2014/10/13/syndicated-columnmillions-of-gen-xers-will-be-homeless-before-youknow-it
http://www.socialmarketing.org/newsletter/features/generation3.htm
NOTE: The Population Reference Bureau, a private
demographic research organization based in Washington,
D.C., cited Generation X birth years as falling between 1965
and 1982.
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comments

surf0766
Who stole
their future?
The 60's
hippies and their
utopia agenda.

Tue,
10/14/2014 20:26 |
5331569

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Tue,
10/14/2014
- 20:36 |
5331607
i_call_you_my_base

The "60's hippies" philosophy was completely

dead by the 80s. Try again.
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to post comments

new game

Tue,
10/14/2014

- 21:01 |
everybody is
5331689
fucked by the
same group that play the red vs blue card. don't
fall for this crap. i'm 58 and see the same despair
forcasted. until more people see it as truely class
warfare-us vs warren buffet types, nobody gets
whole again...
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comments

venturen
really?
go
look at
Governor
Moonbeam

Tue,
10/14/2014
- 21:42 |
5331829

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post
comments

JR

Tue,

10/14/2014
+ 100
- 23:34 |
and
spot
5332207
on. And a
fitting end is was for Allen Ginsbergs legacy that
eventually got to the point where free love turned
into pedophilia, i.e., Allen Ginsberg and little boys.
The free love turned into perversion. Other than
that, I don't know what the Beat Generation
produced.
Encyclopedia Britannica:
The name derived from hip, a term applied to
the Beats of the 1950s, such as Allen Ginsberg (a
pervert, pioneering the homosexual and pedophile
man-boy love movement and support for child
pornography and pedophilia) and Jack Kerouac
(Ginsbergs buddy who coined the term beat
generation and died of alcoholism with much of
his work designated pornography), who were
generally considered to be the precursors of
hippies.
By the mid-1970s the movement had waned,
and by the 1980s hippies had given way to a
new generation of young people (Gen
Xers)who were intent on making careers for
themselves in business and who came to be
known as yuppies (young urban
professionals). Nonetheless, hippies continued to
have an influence on the wider culture, seen, for
example, in more relaxed attitudes toward sex, in
the new concern for the environment, and in a
widespread lessening of formality.
http://www.britannica.com/EBchecked/topic/266600/hippie
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comments

Wed,
10/15/2014
- 03:15 |
5332493
TheMerryPrankster
Thank you for the Readers digest
version of american history circa post
world war II to 1990's.
That couldn't have been more propagandized if
taken directly from a CIA workbook.

The bit of that history I lived was way more

complicated than that trite diatribe you
present.
Fact is it always been about us vs them. The
people vs the man. The yuppies,the yippies,
the hippies, the hipsters, the slackers, the
stackers, the boomers,the doomers, its all
labels to divide and conquer. Try not to get
swallowed up in the petty bullshit and lose
sight of the fact that the ultra rich are fucking
the rest of us royally and have been pretty
much carte blanche since the 60's.
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comments

lincolnsteffens

Tue,

10/14/2014
It wasn't
the
- 20:58 |
Utopian
5331682
agenda it was the
scammers and the skimmers along with a license to
print money backed by nothing. The hippies didn't
thwart your Constitution and the rule of law.
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to post comments

Wed,
10/15/2014
- 03:23 |
5332498
TheMerryPrankster
yeah but they did point out that the system
was a total lie and our rights were only
words that dissolved if we tried to use
them.
we are literally serfs with nice huts drunk on tv,
sedated and worked until you aren't needed then
abandoned like a toxic waste dump.
This is america in the 21st century, rampamant
financial fraud, destruction of main street by wall
street and the destruction of the workforce by
destruction of labor laws, illegal immigration and
h1b visas.
Corporations are people who don't give a fuck
about people.
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comments

Gazooks
true
enough

Wed,
10/15/2014
- 06:33 |
5332684

most hipsters were more like anti-establishment,

libertarian-entrepreneurs
..sans AKs/ARs, Ronnie & Rand fetishes and gutwrenching patriot-pretense
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JR

Tue,

10/14/2014
Who stole
- 21:15 |
their
future?
5331722
Its the people
who now are showing extraordinary, obscene wealth
beyond any measure. It was the princes of the
financial institution, especially the Federal Reserve
banksters that plundered Americans and their nation.
Through their power, the Congress systematically
removed corporate pension contracts, eliminated job
security, off-shored the manufacturing jobs of middle
class management and skilled workmen, forced
mothers into the work force by destroying the earning

power of the male family wage earner , and, perhaps

worst of all, supported the Clinton-Bushes-Obama
administrations in overturning the traditional culture
and replacing it with Marxist welfarism, feminism and
its destruction of the family, anti-American media
dominance, sovereign-breaking open borders and
wealth transfer from Eurowhites to Third Worlders...
and continuous war.
As most people realize it has made absolutely no
difference which DC party wins the Congress or the
presidency as, thanks to the Big Bankers and their
power over the nations money, the Washington
administration is a permanent government, its ruling
tribe family lineage unchanged from decade to decade
to decade, replacing the American Dream with its
NWO Empire and its worldwide imperium to protect its
global flow of debt collection.
The only empire that exists is the one that keeps the
NWO elites in control. -- Sartre
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Wed,
10/15/2014
- 00:37 |
5332351
lasvegaspersona
When the history of this period is written it will
be remarkable for it's size and impact but the
cause will be the same as all other 'easy money'
collapses. The government printed what it felt it
neede to be elected. The cries of prudent people were
ignored (Bush passed the Part D Medicare with an
illegal Congressional vote and Obamacare was passed
with no Republican support.)
It is not the Boomers are blameless but the pattern of
reckless government spending is not new. Bismark
the German boss had some early socialism going a
hunder years ago.
Hard money does not help either. They just get killed
and then 'we the people' go back to demanding that
the government make our lives easier...it is human
nature not a hippie dream that got us here.
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Monty Burns
"Millions of
Gen Xers
Will Be Homeless
Before You Know
It"

Tue,
10/14/2014 20:31 |
5331577

Well, they voted for Hope & Change. Then again, the
choice really was between tweedledum and tweedledee,
and that's the real message.
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surf0766
I didn't

Tue,
10/14/2014
- 21:23 |
5331747
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to post comments

JR

Tue,
10/14/2014
- 22:14 |

Neither did
5331946
most Gen
Xers. According to Gallup...
Republicans do better among Generation X
by Frank Newport May 8, 2009
PRINCETON, NJ -- Although Democrats currently
enjoy a party identification advantage over
Republicans among Americans at every age
between 18 to 85, the Democrats' greatest
advantages come among those in their 20s and
baby boomers in their late 40s and 50s.
Republicans, on the other hand, come closest

to parity with Democrats among Generation

Xers in their late 30s and early 40s and
among seniors in their late 60s
Generation X follows the baby boom and is
generally considered to be those born between
1965 and 1979
http://www.gallup.com/poll/118285/democratsbest-among-generation-baby-boomers.aspx
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Steve in Greensboro
By the way,
Ted Rall is an
idiot. Apparently, you
are one too.

Tue,
10/14/2014 20:51 |
5331664

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JR

Tue,
This

10/14/2014
- 21:24 |

5331748
conversation
doesn't have
much value unless you can come up with some logical
criticisms of what Ted Rall is saying.
I think his points are profound and I would be
interested why you think they are not -- in detail,
please.
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surf0766

Tue,

10/14/2014
I
guess
- 21:32 |
you
5331768
think armed
socialist revolution is the way too... Figures
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post
comments

arby63

Tue,

That 10/14/2014
is a
- 21:50 |
foolish
5331864
comment.
Are you an adult? The only thing socialist in
America is Obummer and his minions (aka The
Free Shit Army).
What will happen is getting more clear by the
week-- A breakdown in trust and rule of law
that results in manydeaths.
In turn, that builds into chaos. We are on the
verge.
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comments

Not My

Tue,

Real

10/14/2014

Name

- 22:31 |

Did

5332010

you forget the /sarc tag -- or are

you really that oblivious? Ted Rall is a
socialist. How anyone can read his
commentary and cartoons and not come
away thinking he is anything but, is in
denial.
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comments

Wed,
10/15/2014

- 00:39 |
5332353
lasvegaspersona
Rall is an idiot..but he is more annoying.
Can't stand his comics.
As for logical support...it is a fact...look it up on
the internet.
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comments

nightwish
Some
of the

Wed,
10/15/2014
- 06:09 |

5332611
naysayers
crack me up.
You don't even need to trot data and charts out to
know that America is on its last leg. That
realization hits home for MANY despite the smoke,
mirrors and obfuscation permeating media these
days. The way to mitigate a full blown
comprehension of just how fucked we are is to
present one distraction after another - Ukraine,
ISIS and Ebola - trot them out sequentially or
concurrently if need be so the masses are
constantly in a crisis state of mind, unable to hone
in on the REAL problems and enemy who concoct
these scenarios by design, or permit catastrophe
through indifference or incompetence because
they are opposed to the freedom, liberties and
future of the common man. The random stream of
consciousness has become awakened, if not
acutely aware, of the underlying dangers humanity
faces that are thrust upon us by the powerful. The
reckoning is imminent. If they want us to go
down, let's drag them down with us.
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homiegot

Tue,

I'm one of the 10/14/2014 early Gen21:39 |

Xers, and I
5331807
went through all
those same recessions, and I'm no one special, but
managed to have accumulated well beyond the average
pot of money. I must be a genius.
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JR

Tue,

10/14/2014
Or a
California
- 21:51 |
school
5331862
teacher with your
pension of $107,000+ annually with yearly cost of
living raises and hundreds of thousands of dollars
worth of health care insurance for you and yours plus
a 101 other benefits...
I'm happy for you but that doesn't seem to apply to
your fellow men.
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earl swagger
He's Cali
Guy.

Tue,
10/14/2014
- 22:56 |

5332092
ALL of the
above AND entitled to 100% financing.
Cali Guy is entitled to three stated income/stated
asset Cash Out loans.
In Cali your home is the income stream.
Cali Guy is entitled to live in the home three years
while a downstream investor pays your taxes &
insurance to keep the security & lien position In
tact. Someday, the Home you'll walk from will be
sold by FNMA for .42 cents on the $.

Hell yes you're entitled , Cali Guy.

You're a victim & entitled to every $ of DOJ /
FHFA / CFPB / FDIC / HUD collected on vitims'
behalf.
You go Cali Guy. The good news: You can rent the
house across the street for 1/3 of that payment
you haven't made & never change your kid's bus
stop.
Well done Cali Guy.. In 24 mos , you're entitled to
repeat the cycle all over again.
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RaceToTheBottom

Tue,

Millennials are
learning that
they have no
chance.

10/14/2014 21:45 |
5331841

They now are avoiding cars like the plague. Problem is

that taxpayers will have to pay for mass transit. That
might be a problem for the low tax set as they approach
retirement...
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Oxygen

Tue, 10/14/2014 20:25 | 5331565

Everything look
fine!
BTFD!

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comments

Bananamerican

Tue,

smack the
S&P another
100 and we'll talk....

10/14/2014 20:36 |
5331606
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