Major Bank Predicts ‘Cataclysmic’ Year, Tell Clients To ‘Sell Everything’

The Royal Bank of Scotland is telling clients to dump their stocks, forecasting the economy is about to take a turn for the worse – leading to conditions similar to those seen in 2008. “Sell everything except high quality bonds,” the bank said in a note to clients. “In a crowded hall, exit doors are small. Risks are high.” The Guardian reports, this time around, China’s economic slowdown could be the catalyst for a global financial crisis. With the Dow Jones recently slumping Read more […]

Conservative Congressman Speaks Out Against Cronyism and the Export-Import Bank

Florida Congressman Ron DeSantis (R-FL) has been a champion for conservatism since his first day on the job as a representative of the good people of Florida’s 6th Congressional District. Earlier this week Congressman DeSantis stood on the House floor to speak out against the horribly corrupt Export-Import Bank, which puts crony corporations and secret backroom money ahead of the American people. Congressman DeSantis argues that the Ex-Im Bank is a decrepit institution that does nothing but harm Read more […]

Banks Are Too Big to Prosecute, That’s Why Eric Holder Is Headed Back to Work for Them

Remember back when Eric Holder was the Attorney General and he said that some banks are simply just too big to jail? You remember, during his 2013 testimony before the Senate Judiciary Committee when he said: “I am concerned that the size of some of these institutions becomes so large that it does become difficult for us to prosecute them when we are hit with indications that if we do prosecute — if we do bring a criminal charge — it will have a negative impact on the national economy, Read more […]

Senator Mike Lee Explains the Problems with the Export-Import Bank

Senator Mike Lee (R-UT) is a serious student of political philosophy, economics, and he’s leading the way on ending the Export-Import Bank. Recently, he wrote an article and composed a corresponding social media post to explain the problems with the Ex-Im Bank and attempt to win converts in the effort to end it. Listen as Senator Lee explains the problems with the Export-Import Bank and discusses how we can improve life for all Americans by ending the bank as soon as possible. There are two Read more […]

Republicans Scratch Democrat Itch to Pass “Fast-Track.”

Obama has placed his trade agenda high on the list of second term priorities.  He wants to see both free trade treaties signed before he leaves office in 2016.  As reported, this will be made easier by the passage of the bill on negotiation powers, nicknamed “fast-track.”  The bill’s passage has now been made more likely in the Senate. Fox reports President Obama’s trade agenda cleared a key Senate hurdle and advanced toward likely passage on Thursday despite opposition from most Democrats. The Read more […]

Larger Than Ever, Big Banks Poised to Fail Again: “The Damage Will Not Be Contained”

The banksters, who nearly tanked the global market in their collective effort to loot the peoples of the world, are operating out of “larger than ever” big banks. They are not only “too big to fail,” but too big to contain. The derivatives have not been stopped or controlled; leveraging ratios are still out of control; and bank runs could happen at anytime, subjecting big banks to desperate calls on cash they would be unable to fulfill; apparently everything they have is Read more […]

Greek’s Refusal to Leave its Socialist Ways May be a Glimpse of our future

Several years ago Greece seemed set to explode. People took to the streets, rioting and protesting the government. The reason was that the Greek government was all but broke and had announced that it would no longer be able to sustain the huge entitlements it was paying to the citizens. Coupled with two years of economic depression, which caused high unemployment and low tax yields, the government was in debt and was literally going to be forced to shut its doors. This was 2010. Now, the government Read more […]

Republicans Just Smacked Down A Sneaky Dem Attempt At Ex-Import Bank Authorization

A Democrat-sponsored amendment to reauthorize the Export-Import Bank was defeated on a party-line vote 22 to 33 in the House Financial Services Committee on Friday. The measure, which was introduced Thursday by Reps. Gwen Moore, Denny Heck, and Maxine Waters as an amendment to President Obama’s 2016 budget proposal, has been criticized by detractors as a form of insider “cronyism,” according to the Hill. (RELATED: Is the Export-Import Bank Done?) The committee’s chairman, Republican Jeb Hensarling, Read more […]

Obama Supporters Seek Credit For Economic Growth

We knew that it was bound to happen. Good things actually do come to those who wait. Here we are; we are actually witnessing this grand economic recovery everyone has been bragging about. We experienced the largest economic growth in a decade. Don’t you remember? The third quarter numbers came in this week, and our economy grew 5 percent. This means that there is a recovery, and all is well. See all that worrying you did about loosing your job, it was for nothing. Of course, Obama and his Read more […]

Congress Sneak Measures in To Must Pass Budget

As this congressional session comes to an end and the Representatives and Senators prepare for their winter break, there seems to be all indication of a budget passage for 2015. A budget means there will be no major shutdown, nor will we have the gridlock that has accompanied so many years of the Obama administration. We have to ask the question: is that necessarily a good sign? Much of what is now being call the “Omnibus” is the same old budget. And much of what it contains has been worked Read more […]

Banker #36 Geert Tack Drowned in Belgium under Mysterious Circumstances

It has been some time since I have kept tabs on the mysterious deaths and suicides of theworld’s bankers, but according to the count is now 36 (list below).  This is a translated version of the story of the latest dead banker who apparently drowned in Belgium.  It seems that the body of Geert Tack, of ING Bank, was recently found washed ashore near Ostend (Belgium), not far from his abandoned car.  Niburu reports (via Google’s translation service):   A missing Read more […]