U.S. Dollar Substitute to Go Public on Oct 20th? BY KELLY BROWN

THE INTERNATIONAL MONETARY FUND IS ONE OF THE MOST SECRETIVE AND POWERFUL ORGANIZATIONS IN THE WORLD. They monitor the financial health of more than 185 countries… they establish global money rules… and provide “bail-out” assistance to bankrupt nations. And on Oct 20th of this year, the IMF is expected to announce a reserve currency alternative to the U.S. dollar, which …

Report: Pfizer ‘Hid Link’ Between Anti-Depressants and Birth Defects – Anthony Gucciardi

Pharmaceutical mammoth Pfizer faces more than 1,000 lawsuits from victims who say that the company knew about the relationship between birth defects and their #1 best-selling anti-depressant. A claim that Pfizer has, of course, battled against. Now, however, new reports have surfaced that Pfizer’s own scientific advisers were warning of the deadly link for more than a year. Something that my …

How Big Business Invented the Theology of ‘Christian Libertarianism’ and the Gospel of Free Markets By Kevin Kruse

During the Great Depression, big business needed rebranding.  Blamed for the crash, belittled in the press, and beset by the New Deal’s regulatory state, corporate leaders decided they had to improve their image, and soon. “The public does not understand industry,” an executive complained, “because industry itself has made no effort to tell its story; to show the people of …

ALEC

Groups Add to Evidence in “Whistleblower” Tax Fraud Claim Against ALEC

Common Cause and the Center for Media and Democracy sent federal authorities new evidence today that the American Legislative Exchange Council (ALEC) is falsely passing itself off as a tax-exempt charity and effectively using taxpayer dollars to subsidize its lobbying on behalf of private interests. Common Cause filed a supplement to its three-year-old tax whistleblower complaint against ALEC, and the two groups …

sandp

Credit Markets have Melted Overnight. Derivatives are a $1 Quadrillion “Ticking Time Bomb” – Bill Holter

That didn’t take long did it?  I of course am speaking of the second overnight and global meltdown of the credit markets …in the last four business days!  Before getting into this topic which I believe will soon be seen in retrospect and by historians far into the future as “THE” trigger event.   Just as we saw last Wed. …

BRICS

Russia Invites Greece to Join BRICS Bank

Greece has been invited by Russia to become the sixth member of the BRICS New Development Bank (NDB). The $100 billion NDB is expected to compete with Western dominance and become one of the key lending institutions. The invitation was made by Russian Deputy Finance Minister Sergey Storchak on Monday during a phone conversation with Greek Prime Minister Alexis Tsipras, …

homeownership rate Q1 2015_0

Death Of The Middle Class: Homeownership Rate Drops To 29 Year Low As Average Rent Hits Record High – Tyler Durden

Overnight Gallup released its latest survey which confirmed just how dead the American Dream has become for tens if not hundreds of millions of Americans. According to the poll, the number of Americans who do not currently own a home and say they do not think they will buy a home in “the foreseeable future,” has risen by one third to 41%, vs. …

The “War on Cash” in 10 Spine-Chilling Quotes – Don Quijone

The war on cash is escalating. As Mises’ Jo Salerno reports, the latest combatant to join the fray is JP Morgan Chase, the largest bank in the U.S., which recently enacted a policy restricting the use of cash in selected markets; bans cash payments for credit cards, mortgages, and auto loans; and disallows the storage of “any cash or coins” …

American Oligarchy

Portrait of the American Oligarchy – The Very Troubling Income and Wealth Trends Since 1989 Michael – Krieger

One of the primary purposes of Liberty Blitzkrieg is to dispel the myth that America is politically a democracy and economically a free market, and prove that it is in fact a centrally planned oligarchy. If the people were well aware of this and fine with it, that’s one thing, but my contention is that the vast majority of the public is merely …