The 7 Deadly Sins Of America
Zerohedge.com 2-21-15 Remember The Meltdown of 2008? It’s different this time…
Who backstops the government?
Submitted by Tyler Durben zerohedge.com 2-20-15 A client came in and we were talking about the bubbles we have experienced in the last 15 years and how we never dealt with them the right way. That is, to suck up the pain, heal and move ahead. 2000 tech bubble was painful, many 401k’s […]
3 In 5 Americans Don’t Have Savings To Cover Unexpected Bills
Submitted by Tyler Durden on 01/07/2015 11:52 -0500 Zero Hedge While various CNBC anchors may be willing to say that the US is “growing gangbusters” yet again confusing the liquidity-oozing equity markets with the economy, there are a couple hundred million Americans who would bet to differ (which incidentally may also explain why the Comcast […]
The world’s greatest investors all follow these four simple rules
From Dr. Steve Sjuggerud, editor, True Wealth: Want to be a great investor? Then figure out what the world’s greatest investors do… and do that. It’s that simple. Seriously! I went as far as you can possibly go in school studying investing. But that’s not how I learned to be a great investor. I learned […]
CIA finally admits it masterminded Iran’s 1953 coup
Monarchist demonstrators in Tehran downtown, August 26, 1953. (AFP Photo) On the 60th anniversary of the 1953 military coup in Iran that overthrew the government of radical nationalist Mohammad Mossadegh, the US has declassified documents detailing how the CIA’s secret operation brought the country’s Shah back to power. “American and British involvement in Mossadegh’s ouster […]
SP500 versus Gold chart
To understand the basics. The peak of the markets purchasing power was in 2000. When gold was $275 oz and the SP500 was at 1587. You’ll notice not only have we been in a consistent free fall in purchasing power, but we’ve actually fallen below the March 2009 lows of the SP500 when its NOMINAL […]
Dave Ramsey Quote: Not often will I quote someone else but this was good.
Dave Ramsey quote: ” If the US government was a family, they would be making $58,000 a year, they spend $75,000 a year and are $327,000 in credit card debt. They are currently proposing BIG spending cuts to reduce their spending to $72,000 a year. These are the actual proportions of the federal budget and […]
Excerpt from “The Creature from Jekyll Island”. How the Federal Reserve was created.
Back in 1910, Jekyll Island was completely privately owned by a small group of millionaires from New York. We’re talking about people such as J. P. Morgan, William Rockefeller and their associates. This was a social club and it was called “The Jekyll Island Club.” The island has since been purchased by the state of […]