Why Even Pretend That There Is a Debt Ceiling

The current “debt ceiling” has been suspended until March 2019. The current amount of Treasury debt outstanding is $20.681 trillion. It has been estimated that the amount of Treasury outstanding by March 2019 will be as high as $22 trillion. U.S. Government has, for all intents and purposes, operated without a constraint on debt issuance since 2013… Continue reading

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Slashing Social Programs To Fund Tax Cuts for Rich

“Millions of Americans will lose access to life-saving programs because the GOP gave $1.5 trillion in tax cuts to the rich.”

Those wondering how President Donald Trump plans to pay for the $1.5 trillion in tax cuts for the rich he signed into law last year got their answer on Monday, when the White House unveiled its 2019 budget (pdf) blueprint that calls for $1.7 trillion in cuts to crucial safety net programs over the next decade—including $237 billion in cuts to Medicare alone. Continue reading

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Has YOUR computer been ‘cryptojacked’?

What’s going on in your computer? Shutterstock

Experts reveal how to tell if hackers are using it to mine bitcoin

Nothing comes for free, especially online. Websites and apps that don’t charge you for their services are often collecting your data or bombarding you with advertising.

Now some sites have found a new way to make money from you: using your computer to generate virtual currencies. Continue reading

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Another Arrested Equity Correction?

Paul Craig Roberts Exposes The Plunge Protection Team’s Fraud

After the extraordinary sudden loss in equity values, today (2-6-18) brought gains back to the stock indices.

What happened? Did the market sneeze, cough, or was something misread and today perceived in a different light?

In my opinion this is what happened… Continue reading

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Get Government Out Of The Welfare Business

Fighting poverty is a favorite pastime of government because politicians get to portray themselves as champions of the poor. However, the unfortunate few tend to be far fewer in number when aid is extended privately instead of through tax funded programs. Continue reading

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One in five American households have ‘zero or negative’ wealth

U.S. homes have regained value since the Great Recession, but many households have not

Photo: Market Watch, Everett Collection

Millions of Americans are living on the edge.

One in five households has zero or negative wealth, according to a report released this week by the Institute for Policy Studies, a progressive think tank based in Washington, D.C. What’s more, an even greater share of African-American (30%) and Latino (27%) households are “underwater” financially. The combined impact of $1 trillion in credit-card debt, $1.4 trillion in student loan debt, and stagnant wages are taking a toll. Continue reading

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Hey man, what a downer…

The Dow was down 666 points on Friday [and lot’s more on Monday – Ed.]. Was that the Illuminati’s signal for things to come? After all, they delight in telling the masses what they’ll do to them—especially using numerology. Continue reading

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HOWARD sezzzzz

“C’mon T.C. – let’s git the gold out their teeth!” ~ Strother Martin, The Wild Bunch, Dir. Sam Peckinpah; Warner Bros, 1969

Miss the special fer the week? Well it’s too bad pardner, ’cause it was a pow’rful load o’ goods fer the money… but it don’t matter no-how. Me an’ the boys ain’t even been loadin’ nuthin’ on this here web-site. Dobbsey is still out with Gold Tooth, an’ I think that they are up to something no-good, but me an’ Curtin are out at the mines, diggin’ out a new load o’ goods. We oughtta be back soon, with somethin’ good fer y’all.

An’ I’ma gonna tell ya’ pardner – we got better than them ol’ Bitsy coins – this here’s the REAL stuff!

C’mon back, if’n ya don’t wanta miss out on somethin’ special from the Sierra Madres. Gotta watch out fer them bandidos in the three piece suits.

…and Say pardner – we’ll be startin’ to load this here blog over the next couple o’ days – so ya’ll come back now…

Howard

 

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Gold & Silver: The Once and Future Money

With so much talk about bitcoin lately, I want to talk about another traditional form of money that most people have completely forgotten about…

If you’re a regular reader, you know I write and speak frequently on the role of gold in the monetary system.

But when I speak in public about gold, I inevitably get one question from the audience: What about silver?

Here’s my answer to that question: I love silver!
Continue reading

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‘Digital Gold’ Flight To Physical Gold

30% to 50% price drops in a matter of days and the loss of $300 billion in value is quite a knock for a market that was not meant to be in a speculative bubble.

In just 36 hours the cryptocurrency market has managed to make a fair few people feel very nervous as they watched crypto currency prices fall very sharply. Continue reading

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