Companies under Rockefeller control include Exxon Mobil, Chevron Texaco, BP Amoco, Marathon Oil, Freeport McMoran, Quaker Oats, ASARCO, United, Delta, Northwest, ITT, International Harvester, Xerox, Boeing, Westinghouse, Hewlett-Packard, Honeywell, International Paper, Pfizer, Motorola, Monsanto, Union Carbide and General Foods.
Bretton Woods was a boon to the Eight Families. The IMF and World Bank were central to this “new world order”. Continue reading
…an utter train wreck!
Congress Returns to Face Looming Government Shutdown
Lawmakers are returning to Washington on Sept. 9 under pressure to avert a government shutdown as both parties prepare for an election season spending fight.
After a full month away from the capital, lawmakers have just 21 days to come to an agreement to keep the government open before the Sept. 30 funding deadline. Should they fail to reach an agreement, the government will go into a full or partial shutdown beginning at 12 a.m. ET on Oct. 1… (Continue to full article)
Lawsuits Pile Up After Company Confirms Social Security Numbers Were Hacked9
National Public Data says that a ‘data security incident’ from an attempted hack by a ’third-party bad actor’ led to the breach..
More lawsuits have been filed against background check company National Public Data (NPD) after it confirmed that a major data breach exposed Americans’ personal records, including Social Security numbers.
Earlier in August, the breach became more widely known after a class-action lawsuit was filed against the Florida-based company, alleging that 2.9 billion records that included Social Security numbers were leaked online and put up for sale for $3.5 million on the dark web… (Continue to full article)
August Jobs Report Shows Job Losses for US-Born Workers, Gains for Foreign-Born
The August jobs report reveals a sharp contrast in employment trends between U.S.-born and foreign-born workers.
Native-born Americans lost over 1.3 million jobs over the last year, while foreign-born workers gained more than 1.2 million jobs.
The U.S. job growth in August fell short of economists’ expectations, with 142,000 jobs added and the unemployment rate dipping slightly to 4.2%… (Continue to full article)
With U.S. debt now at $35.3 trillion , the cost of paying the interest on all that borrowing has soared recently and now averages out to $3 billion a day, according to Apollo Global Management’s chief economist, Torsten Sløk.
And that includes Saturdays and Sundays, he pointed out in a note on Tuesday .
The daily interest expense has doubled since 2020 and is up from $2 billion about two years ago. That’s when the Federal Reserve began its campaign of aggressive rate hikes to rein in inflation… (Continue to full article)
Americans Lost $5.6 Billion Last Year in Cryptocurrency Fraud Scams
Americans were duped out of more than $5.6 billion last year through fraud schemes involving cryptocurrency, the FBI said in a report released Monday that shows a 45% jump in losses from 2022.
The FBI received nearly 70,000 complaints in 2023 by victims of financial fraud involving bitcoin, ether and other cryptocurrencies, according to the FBI. The most rampant scheme was investment fraud, which accounted for $3.96 billion of the losses.
The decentralized nature of cryptocurrency, the speed of irreversible transactions, and the ability to transfer value around the world make cryptocurrency an attractive vehicle for criminals, while creating challenges to recover stolen funds… (Continue to full article)
Introduction ~ What you are about to read is one of the most interesting commentaries by Murray N. Rothbard that I have been priviledged to read AND to share read – however – what I am posting this evening – is merely an earlier commentary to what would follow some years later – and is ALL a profound bit of history – as relates to economics – including gold and the destruction of economics around the world.
But what we are publishing – is merely his introduction of the entire story, and was written and published by Rothbard in 1991 and was followed up some years later. Stay tuned my friends – as soon you will have access to the rest of the story. ~ Jeffrey Bennett, Editor
When this essay was published, America was in the midst of the Bretton Woods system, a Keynesian international monetary system that had been foisted upon the world by the United States and British governments in 1945. The Bretton Woods system was an international dollar standard masquerading as a “gold standard,” in order to lend the well-deserved prestige of the world’s oldest and most stable money, gold, to the increasingly inflated and depreciated dollar. But this post-World War II system was only a grotesque parody of a gold standard. Continue reading
Debt.com’s 2024 budgeting survey of 1,000 Americans shows a mixed financial picture. While more people are budgeting and finding it beneficial to stay out of debt, the number of individuals living paycheck to paycheck has risen 10% over the past two years. Continue reading
According to some “experts,” there is an urgent need to remove cash from the economy. It is held that cash provides support to the “shadow economy” and permits tax evasion. Another justification for its removal is that, in times of economic shocks, which push the economy into a recession, the run for cash exacerbates the downturn—it becomes a factor contributing to economic instability. Moreover, it is argued that, in the modern world, most transactions can be settled by means of electronic funds transfer. Money in the modern world is allegedly an abstraction. Continue reading
If Everything Must go Through an Online Banking or Credit Card Process, Then You Have Just Lost Virtually all Control Over What You Buy. (Most of world population would have no way to buy food after a cyber attack)
While our government currently has no problem with making fiscally irresponsible decisions, when it finally does come around to deciding that “you know what, pennies aren’t worth it” – or any other form of cash for that matter – there will be nobody that will argue against them. – Aden Tate
The cashless society is almost here and it could lead to chaos and violence. Furthermore, many Americans could soon have no way to pay for necessities like food. Continue reading
Over eight hundred years ago, in what is now northwestern China, the Uyghur people – long before they were carted off to internment camps by the Communist Party – ruled their own independent kingdom, known as Qocho.
Then, in the year 1209, Genghis Khan sent diplomatic emissaries to Qocho. The message was clear: the Great Khan wanted to avoid a bloody military campaign, and he proposed a peace offering instead. Continue reading
* Hackers May Have Stolen the Social Security Numbers of Every American: What You Need to Know!
* The Massive Social Security Number Breach Is Actually a Good Thing
* How to Check if Your Social Security Number Has Been Stolen in a Giant Data Theft
Thousands of books have been written on personal finance, financial planning, investments, debt management, and the topic of money in general.
Upon reading such books, a common theme becomes obvious: Personal finance is a straightforward discipline, at least in theory.
It boils down to harnessing a few principles that govern the generation of wealth: “Spend less than you earn.“ “Own more than you owe.” “Quickly pay-off high-interest debt.“ “Pay yourself first.” You’ve heard these principles before. Simplicity always prevails.
But if these basic principles are so easy to understand, why is it that many people, Canadians and Americans alike, are having problems with their finances? Continue reading
Hackers may have stolen EVERY American’s Social Security numbers in ‘five-alarm wake-up call’
A vicious gang of hackers might have stolen every American’s Social Security number in a massive theft of personal information from a large data broker, which experts are calling ‘a five-alarm wake-up call.’
Following the online heist, which took place four months ago, one of the hackers reportedly released most of the sensitive data on the dark web for free.
Now that this sensitive information – including Social Security numbers – has been disseminated, it is possible it will give rise to rampant identity theft, fraud, and various other crimes… (Continue to full article)
New York City’s government has distributed $5.5 billion in taxpayer funds to landlords, companies, and city agencies since 2023 to help illegal migrants settle into New Yorkers’ housing, workplaces, schools, and communities.
That migrant funding is a gusher of cash for the city’s CEOs, landlords, and city employees, according to the city’s “Asylum Seeker Funding Tracker,” which was quietly updated by Mayor Eric Adams on August 15. Medical centers got $139 million that otherwise would have gone to sick and ailing New Yorkers.
The winners include the more than 200,000 migrants — many of whom sneaked past U.S. border guards — and the city’s investor community that celebrates the city’s extraction of poor migrants from their home countries. Meanwhile, the middle-class population share has dropped to 48 percent, down from 61 percent in the early 1970s, which was just after Congress restarted mass migration in 1965… (Continue to full article)
Second-Largest Medicare Advantage Insurer Prepares to Lose Over 200K People
The second-largest Medicare Advantage insurer is preparing to lose several hundred thousand members next year as Medicare Advantage benefits shrink under higher prices.
Louisville, Kentucky-based Humana said it expects to lose the patients as it limits the benefits available and leaves several markets in 2025. The insurance company is making the changes in hopes to increase its profits as the government increases costs.
“Medicare Advantage is seeing a scaling back from many private insurers, mainly because providers found seniors on it were using more of their Medicare benefits than anticipated,” Alex Beene, a financial literacy instructor for the University of Tennessee at Martin, told Newsweek. “This led to a dip in profits for providers like Humana, and now they’re looking to cut ties in any way they can to boost their bottom line.”
It’s ALL about the Monee!!! (Continue to full article)
Gold’s Largest Price Runs Over the Last 50 Years
Throughout history, gold has held allure as a precious resource. From its traditional uses in jewelry, coins, and other artifacts to modern industrial and technological applications, gold has always been in demand.
But in the modern economy, one of gold’s most important roles may be as a safe-haven asset during times of economic uncertainty. Gold possesses several critical qualities that have solidified its reputation as a wise hedge against instability. Gold’s conductivity, corrosion resistance, and malleability give it intrinsic value, particularly in electronics. As a physical asset, gold has no counterparty risk, making it safer than some other financial instruments reliant on issuers or other parties. Gold is highly liquid and universally recognized, making it easy to transact. And importantly, gold has historically retained its purchasing power over time, especially relative to currencies and other more volatile assets.
These attributes have been particularly relevant to consumers in recent years as the global economy has navigated the impacts of political turmoil, trade wars, the COVID-19 pandemic, and inflation…. (Continue to full article)
Harris Says She Would Never Interfere in Fed Independence
U.S. Vice President Kamala Harris said that she disagreed strongly with rival Donald Trump’s views on the Federal Reserve and pledged not to meddle with the central bank if she wins the Nov. 5 presidential election.
“The Fed is an independent entity and as president I would never interfere in the decisions that the Fed makes.”
A jump in the July U.S. unemployment rate reported last week helped to spark a global stock market rout that continued into Monday before equities made a partial recovery. Investors had taken flight because of fears of a potential U.S. recession and that the Fed would need to act aggressively in response.
Asked about those concerns and how the Fed would react, Harris said: “As we know, there was turbulence this week, but it seems to have settled itself. And we’ll see what … decisions they make next.”… (Continue to full article)
American Peronism – Kamala Harris’ Radical Left Plan To Ruin America
Price controls, higher taxes, government intervention, and subsidies paid for by printing a constantly devalued currency.
These are the essential pillars of “21st century socialism” and the radical left Peronism that obliterated Argentina. These are also the main elements of the economic plan presented by Kamala Harris and the Democratic Party. Undoubtedly, this is the most radical socialist economic plan ever announced by the Democrats.
According to the Committee for a Responsible Federal Budget (CRFB), Harris’s proposals will cost $1.95 trillion over 10 years. However, it emphasizes that if certain measures become permanent, this figure could increase to $2.25 trillion… (Continue to full article)
Gold Price Hits Another Record High on Chinese Demand
Gold prices are solidly up and hit another record high in early U.S. trading Tuesday. December Comex gold futures notched a record high of $2,564.60. Silver prices are also on the march higher and hit a four-week high overnight.
Bullish charts and safe-haven demand, especially from China, are pushing the precious metals markets higher. December gold was last up $22.10 at $2,563.40. September silver was up $0.571 at $29.875.
Chinese exporters and traders have been seen rushing to buy yuan and probably gold in anticipation of further U.S. dollar weakness… (Continue to full article)
Silver Prices Catching Up to Gold; Testing Critical Resistance Above $29
The gold market continues to attract significant attention as prices hover around new all-time highs of approximately $2,500 per ounce. However, some analysts suggest that investors might want to turn their focus to silver.
Silver has struggled to keep pace with gold during its surge to record levels, but sentiment is slowly starting to shift. The grey metal is beginning the new trading week with a push above $29 per ounce, its highest level in four weeks.
Spot silver last traded at $29.34 per ounce, up more than 1% on the day.
The new momentum is helping to decrease the gold/silver ratio, which had rallied significantly since early July. The gold/silver ratio is currently trading at 85.5 points, down sharply from last week’s high of around 90 points… (Continue to full article)
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