Right out of Orwell, now in real life

On Friday, just before the holidays, NLRB General Counsel Richard Griffin announced that he had issued complaints against McDonald’s MCD -0.41%franchised restaurants and McDonald’s USA, the parent corporation, as joint employers. Workers complained that they were unfairly disciplined in retaliation for communicating with unions, including facing threats, fewer work hours, and job loss. In July Griffin stated (without offering a legal argument) that McDonald’s USA was a joint employer of those workers who are employed by local McDona ... view article.

Paying Down The Debt Is Now Almost Mathematically Impossible

Submitted by Simon Black via Sovereign Man blog, Exactly 199 years ago, in 1815, a “temporary” committee was established in the US Senate called the Committee on Finance and Uniform National Currency. It was set up to address economic issues and the debt accrued by the US government after the War of 1812. Of course, because there’s nothing more permanent than a temporary government measure, the committee became a permanent one after just one year. It soon expanded its role from raising tariffs to having influence over taxation ... view article.


Ty's note, although the new budget deal was presented to the people as a great triumph of bipartisan politics and essential government in action it was just the opposite. It is a cesspool of corruption at its worse. Remember the sequester? DOA. Total betrayal. Read this and weep. Chaos looms.   "The real owners are the big wealthy business interests that control things and make all the important decisions. Forget the politicians, they’re an irrelevancy. The politicians are put there to give you the idea that you have freedom of choic ... view article.

Why India Needs a Gold Policy

Published 9th December 2014 Categories: Gold mining and sustainable development, Supply and demand, Jewellery, Investment, Technology, Reserve asset management Related documents 1 Download (pdf, 3.69 MB) 1 Available in . This report highlights key policy recommendations to monetise India’s 22,000 tonnes of gold stocks kept by Indian households. Seven key recommendations are made for an effective ‘India Gold Policy’. The report also assesses the policies adopted in countries like Turkey and China; that have faced challen ... view article.

Pope Describes Europe as ‘Elderly and Haggard’

Ty's note, a wellspring of describing the problems in a continent undergoing debt spirals and collapse of socialism and central planning. Unfortunately the pope promotes the ideas that have created the crisis rather then histories PROVEN SOLUTION; REAL CAPITALISM and SOUND MONEY. He is an economic idiot. These sorts of contradictions tell us that the pain will rise and the solutions fail for a good time longer. Deng Xhao Ping had to have rampant starvation and economic collapse until capitalism and "to get rich is glorious" was implemented. T ... view article.

Global Business Confidence Collapses To Post-Lehman Lows

Ty's note, as confidence tumbles to crisis lows around the world and in the US in particular bomb er bond holders look to take a haircut as repayments get cloudy intermediate term. This is not a picture of a recovery, it is a picture of a relapse into recession and depression.   Submitted by Tyler Durden on 11/24/2014 21:48 -0500   As we noted here, despite record high stock prices and talking-heads imploring investors to believe CEOs are confident, they are not (consider the clear indication of a lack of economic confidence ... view article.

The heat rises in France’s banlieues

Ty's note, take a look at the present and future for the developed world. Socialist utopia...LOL. Central planning and crony capitalism run amok as the public sinks into moral and fiscal insolvency caused by unsound money and the failure of elites to create policies which encourage growth and real wealth creation. Unwinding this is impossible without a societal collapse which forces reform of government. So the crisis will continue.   Our continuing series on the French economy visits Clichy-sous-Bois, where the French economic crisi ... view article.

Greece Needs Another €10 Billion Bailout; Syriza Leader Prepares for Power

Since the beginning of September, yield on the Greek 10-Year bond has gone from 5.53% to 8.05% with a spike high of 9.28%. Inquiring minds may be wondering what’s going on. More than likely yields are up for a number of factors. Rise of Syzria Chance of new elections Greece needs another bailout Points number 1 and 2 go hand in hand. Alexis Tsipras, head of the Greek radical-left party Syzria is in a substantial lead in the polls. Syzria wants to end austerity and threatens to renegotiate the bailout. The next election for prime mini ... view article.

US Debt Jumps $181 billion in Two Months, hits $18 Trillion

During fiscal 2014, ended September 30, the US Government piled $1.086 trillion in new gross national debt on top of the existing mountain to bring it to $17.824 trillion. Money that the US government owes the Chinese, Japanese, Russians, and so on, and a large number of US investors too, including the Social Security “Trust Fund.” Some of these entities had no choice but to accept US debt. Others made conscious decisions to buy it, betting that this debt, which is supposed to be their most conservatively invested asset, will someh ... view article.

Audio Recording of the Michael Brown Shooting Proves Darren Wilson’s Story is False

Copyright .© Paul Craig Roberts 2014.- Please contact us for information on syndication rights. This site offers factual information and viewpoints that might be useful in arriving at an understanding of the events of our time. We believe that the information comes from reliable sources, but cannot guarantee the information to be free of mistakes and incorrect interpretations. IPE has no official position on any issue and does not necessarily endorse the statements of any contributor. ... view article.

The Iranian Nuclear Deadlock: Another Chance For Peace Squandered

U.S. Secretary of State, Condoleezza Rice pressured Britain, France and Germany to eschew genuine negotiations with Iran and use the threat of economic sanctions to force an end to Iranian enrichment. The Bush administration would later accuse Iran of having a covert nuclear weapons program, based on intelligence documents that I have shown in my book Manufactured Crisis to be fabrications,……. ... view article.

Workers Per Retiree:The Graph That Rebukes The Myth Of Printing Press Prosperity

It’s not just voters who buy into popular myths. Many investors do too. Few have wider appeal than the myth that central banks can create economic growth via the printing press. What central bankers and their supporters seem to forget is that growth comes from living, breathing […] ... view article.

December FOMC Meeting to Provide Clarity on 2015 Rate Hikes

By EconMatters 13 Trading Days – Important Fed Meeting The FOMC Meeting Announcement, Forecasts & Chair Press Conference on December 17th should provide more clarity on the rate hike schedule for 2015 as this is the first quarterly FOMC meeting since QEBond Buying has formally ended. Given… ***This is a preview. Please click on the post title or go to http://www.econmatters.com for full content. **** ... view article.

5 Things To Ponder: Tryptophan Induced Coma

Since this is Thanksgiving, I want to offer my thanks to you for your readership over the past year. Your comments, suggestions, and debates have been a great source of education and affirmation for me. Thank you. As we prepare for the annual food fest, and post-Thanksgiving tryptophan-induced food coma; I thought this weekend’s reading list should be a bit of a smorgasbord of interesting topics to stimulate your brain cells between naps and football. Have a happy and safe, if you are traveling, Thanksgiving holiday and many blessings to ... view article.

Did They Want More Violence In Ferguson? 10 ‘Coincidences’ Too Glaring To Ignore

Was it a conspiracy or was it incompetence?  Those appear to be the only two alternatives that we are left with after the horrific violence that we witnessed in Ferguson on Monday night.  The first round of Ferguson rioting back in August took everyone by surprise, but this time authorities had more than three months to prepare.  They had the ability to control precisely when the grand jury decision would be announced and how many cops and National Guard troops would be deployed on the streets.  But despite all this, the vi ... view article.

Is The U.S. ‘Importing’ Disinflation?

By Sober Look The latest Reuters poll is showing 24 out of 43 economists projecting the first rate hike in the US by June of next year. The futures market is pricing liftoff by September. Citi’s latest analysis puts it in December. And all of these forecasts are running way behind… ***This is a preview. Please click on the post title or go to http://www.econmatters.com for full content. **** ... view article.

The Federal Reserve Is At The Heart Of The Debt Enslavement System That Dominates Our Lives

From the dawn of history, elites have always attempted to enslave humanity.  Yes, there have certainly been times when those in power have slaughtered vast numbers of people, but normally those in power find it much more beneficial to profit from the labor of those that they are able to subjugate.  If you are forced to build a pyramid, or pay a third of your crops in tribute, or hand over nearly half of your paycheck in taxes, that enriches those in power at your expense.  You become a “human resource” that is being ... view article.
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