Note: I’m here in San Diego County in my new/old 39 foot Chevy Motorhome. I can’t get a signal for my Verizon LG smartphone (I’ll be taking a spin in my Ford Explorer in search of a signal; my VOIP phone, magicjack requiring a broadband connection, is currently not up except for voicemail). The radio reception is also limited which led me to ‘sample’ some limited AM offerings which included shallow sean hannity the hallmark of insanity, and ‘rush revere’ [limbaugh… he’s totally burned out (the consequence of his being ‘tired of carrying the water for the republican party’? - his own words), relegated now to authoring children’s illustrated books of a simplistic nature]. Shallow sean’s latest ‘crusade’ (beyond the same note/key obvious debacle of wobamacare) was defense of the indefensible mobster but friend of sean’s, donald trump (trump should be in jail). In defense of t_rump, he offers up the itsy-bitsy, teeny weeny wohlman skating rink project as evidence of t_rump’s contribution to NYC (too small for high new york priority given the magnitude of New York substantial problems, some largely the result of trumpish tastes, ie., solid gold trump tower fixtures, etc., that trump’s ‘pre-packaged bankrupcies’ seem to fail to touch, and which extravagance must be paid for by someone, but not him). Shallow sean’s excoriation of new york city never seems to link the obviousness of t_rump’s grandstanding responsibility for same. After all, someone ultimately has to pay for trump’s disproportionate non-value-added livin’ large. No talk of trump’s ingratiating bribe strategy for protection ( ie., retainer’s to law firms linked to state attorney generals, viz., {kimmelman} wolf and sampson, chris droney’s brother, his sister’s protection/corruption and quid pro quo from the federal bench, etc., and as well, protection of drug-money laundering through his now nominal only casinos … See, ie.,  .  Trump’s a fraud! I won’t be listening to ‘rush revere’ or shallow sean prospectively. They’re a waste of time and preposterous given their unbridled support of war criminals bush, cheney, etc., and the failed debacles they created, etc……




14 Facts About The Absolutely Crazy Internet Stock Bubble That Could Crash And Burn In 2014  Internet companies actually "make a profit" at some point before being considered worth billions of dollars?  A lot of investors laugh when they look back at the foolishness of the "Dotcom bubble" of the late 1990s, but the tech bubble that is inflating right in front of our eyes today is actually far worse.  For example, what would you say if I told you that a seven-year-old company that has a long history of not being profitable and that actually lost 64 million dollars last quarter is worth more than 13 billion dollars?  You would probably say that I was insane, but the company that I have just described is Twitter and Wall Street is going crazy for it right now.  Please don't get me wrong - I actually love Twitter.  On my Twitter account I have sent out thousands of "tweets".  Twitter is a lot of fun, and it has had a huge impact on the entire planet.  But is it worth 13 billion dollars?  Of course not. (Read More....)



We Are Heading For The Greatest Doctor Shortage In American History The United States already has an emerging shortage of doctors, and thanks to Obamacare that shortage is about to become much, much worse.  Right now, the U.S. has close to a million doctors, and about half of them are over the age of 50.  Many of them are beginning to wonder if practicing medicine is worth it anymore.  In some specialties, treating Medicaid and Medicare patients pays so little that many doctors are now turning them away.  Other doctors are charging their regular patients enormous amounts in order to make up for the money that they are losing on Medicaid and Medicare patients.  And of course the paperwork and the red tape imposed on doctors by the health insurance companies and the federal government gets worse with each passing year.  Some doctors actually spend more time filling out paperwork and dealing with red tape than they do seeing patients.  On top of everything else, there is the constant and never-ending threat of being sued by predatory lawyers and losing everything.  The giant malpractice insurance premiums that many doctors have to pay are an extreme financial burden on many practices.  When you add it all together, it really is not surprising to learn that large numbers of doctors all over the nation are being driven into bankruptcy.  Unfortunately, Obamacare is going to make all of the problems that I have just discussed even worse.  This is going to result in much longer waits to see a doctor, and the level of health care in this country is going to go down substantially. (Read More.....)




The Error of My Ways

Current Markets A Wealth Manager's Nightmare

Bubble That Everyone Admits is a Bubble



Trulia Pushes The Panic Button As Young Adults Refuse To Move Out Of Parents' Basements, Get Jobs

Submitted by Tyler Durden on 11/05/2013 - Well over a year ago, we first suggested that the conventional wisdom thesis for the bounce in home prices - namely a spurt in household formation - was dead wrong. Sure enough, as has been confirmed empirically, the only reason for the latest dead cat bounce in home prices has been the Fed, and banks complicit in engaging in "foreclosure stuffing." And while it was easy to deflect the topic of just what is driving the housing market (because none of the bulls would want to admit it is just another credit and liquidity-driven bubble) for over a year, with the traditional "things will be back to normal soon" fall back used every time, as time passed and none of the traditional ingredients for a housing recovery fell into place, some started scratching their heads. This came to a boiling point today, when real-estate firm Trulia, looking at the latest Census Bureau data on household formation, finally threw in the towel and rang the panic button as not only have young Americans set anchor in their parents' basement, but even refuse to get a job.


This is What Happens to Walmart Pork Before It Reaches Your Plate

Submitted by Tyler Durden on 11/05/2013 - The cruelty inherent in animal factory farming is something that we as a species should find completely and totally unacceptable. Indeed, evidence shows that when people are exposed to the nightmarish conditions faced by factory animals prior to consumption they demand change. This is precisely why corporate interests have pushed ag-gag laws throughout the nation in an attempt to criminalize the exposure of these methods.


Lakshman Achuthan Confirms "The US Is 'Still' In Recession"

Submitted by Tyler Durden on 11/05/2013 - Having described the US as "worse than Japan in the 90s" during his last appearance, ECRI's Lakshman Achuthan remains adamant that (despite Bloomberg TV anchors' insistence that stocks are at all-time highs must mean something) the US has been in recession since last year and remains so. His comments that "you wouldn't have four years of zero-interest rate policy and quantitative easing if everything was okay," are as cogent now as then as he critically explains, as we have noted here and here, that the attention being paid to 'soft data' surveys (such as ISM) is entirely mistaken since ISM/PMIs are now negatively correlated to actual production. The data (hard data doesn't lie) in hand, he notes, suggest downward revisions and well within the range of a mild recession and "the market is disconnected."


Guest Post: Congress Sells Out To Wall Street, Again

Submitted by Tyler Durden on 11/05/2013 - The U.S. House just passed a bill called H.R. 992 - the Swaps Regulatory Improvement Act - that was literally written by mega-bank lobbyists. It repeals the laws passed in 2010 to prevent another meltdown like the one that crashed our economy in 2008. The repeal was co-sponsored by a former Goldman Sachs executive and passed with bipartisan support from some of the House’s largest recipients of Wall Street cash. It’s so appalling... so unbelievable... so blatantly corrupt... that you’ve got to see it to believe it...


Mike Maloney's Top 10 Reasons To Buy Gold & Silver

Submitted by Tyler Durden on 11/05/2013 -

As Mike "Hidden Secrets Of Money" Maloney has said many times before, the economic crisis of 2008 was only a speed bump on the way to the main event.  He believes that before the end of this decade there will be an economic crisis so historic that it will eclipse the crash of 29 and the subsequent great depression.  He also believes it is both unavoidable and inevitable, because it is merely the free market releasing the stored up energy from decades of economic manipulation. As Maolney notes, "the best investment that you will ever make in your lifetime is your own financial education," and the following provides a succinct reminder of the top reasons to buy gold and silver...


Mizuho Warns "To All Intents And Purposes, There Is No Japanese Bond Market Anymore"

Submitted by Tyler Durden on 11/05/2013 - Just as the European 'markets' have entirely disconnected from fundamental reality, Japan's bond market - the largest in the world - "is dead, with only the BoJ driving prices," Mizuho warns. Crucially, once again just as in Europe, "these low yields are responsible for the lack of fiscal reform in the face of Japan’s worsening finances. Policy makers think they can keep borrowing without problems." Market functions are sacrificed for the sake of ending deflation, but "liquidity has evaporated as the BOJ has gobbled up most of the market." This means that a reduction in monetary stimulus could cause a rapid drop in bond prices, which, just as in the US, "will make it difficult for the BOJ to normalize policy." Simply put, as Bloomberg notes, the BoJ has killed the nation’s sovereign bond market, leaving it unable to reflect either the success of stimulus policies or fiscal risks.


Mark Spitznagel Cautions The Powers That Be:"The Reckoning Will Be Excruciating"

Submitted by Tyler Durden on 11/05/2013 - In the midst of the epic dysfunction known as the 16-day government shutdown, we lost sight of the fundamental issue whose inescapable logic cuts across politics and party lines: We are feeding the rapacious appetites of our current selves (we want what we want now) at the dire and escalating cost to our future selves (whom, we assume, will somehow have the patience and resources to bear the burden). If that sounds unworkable and unsustainable, it is...


IceCap Asset Management On 'Super Taxes' And Why Elvis Has Left The Building

Submitted by Tyler Durden on 11/05/2013 -It’s no secret by now that governments in Europe, Japan and America have spent and borrowed beyond their means. As IceCap's Keith Dicker notes, including both current debt and future unfunded liabilities, it is estimated America owes over $87 trillion dollars, while the Eurozone countries are on the hook for over $89 trillion. That’s a fistful of dollars. From a tax perspective, the incapacity of these super economic powers, becomes all the more clear. America’s annual tax revenue is only $2.5 trillion, while in Europe, they manage to squeak out roughly $5 trillion. From this view, America is leveraged 34.8x their tax revenues, while the Eurozone is leveraged at 17.8x their tax revenue. As Keith points out in his excellent letter, for the US, Japan, and Europe, Elvis has very much left the building on getting back to 'normal'.


Obama Disapproval Rating Nears Record High

Submitted by Tyler Durden on 11/05/2013 - Just a month ago, the President and his administration gloated as Republican support plumbed new record low depths amid the shutdown debacle. Just last week, however, amid the ongoing snafu that is the Obamacare launch, the President's approval rating itself dropped to an all-time low (though the media was oddly quiet about that). This week sees another milestone on the verge of being broken as the "glitches" - both technological and physical - continue, stocks surge, and employment stagnates five years after the end of the recession... the President's disapproval rating is within 1 point of its record high.


Tired Of Living Without Your Triple Macchiato Spiced Latte? There's Food Stamps For That!

Submitted by Tyler Durden on 11/05/2013 - A disturbing story is starting to make waves once again on the internet, according to Ben Swann who notes, you can now pay for Starbucks with food stamps. The story, which previously aired on FOX12, sees Jackie Fowler, a Salem, Oregon food stamp recipient, went inside the luxury Starbucks franchise located inside of a Safeway grocery store with the local Fox News station filming. She purchased one tall Frappaccino and a slice of pumpkin loaf. Her total was $5.25. She slid out her Oregon Trail food stamp card, paid in part by the federal government, and handed it to the cashier who processed the transaction. Fowler only made the purchase to assist FOX but it indicates just how deeply the ECBT card has become embedded in US society when, as she notes, coffee's "overpriced as it is, that's money that somebody could be eating with."


Because Of The Fed "Mortgage Market Liquidity Is As Bad As When Bear Stearns Failed"

Submitted by Tyler Durden on 11/05/2013 - Remember the main reason why the Fed should have tapered, namely the illiquidity in the bond market it is creating with its feverish pace of collateral extraction, and conversion of quality collateral into 500x fwd P/E dot com dot two stocks? Here to put it all in context is Scotiabank's Guy Haselmann: "Through its QE policy, the Fed buys $3 of mortgages for every $1 of origination.  The consequence is that secondary mortgage market liquidity has been decimated: it is as bad as when Bear Stearns failed." That's just MBS for now. However, since the Fed has refused and refuses to taper, the same liquidity collapse is coming to Treasury's first, then corporates, then ETFs, then REITs and everything else that the Fed will eventually monetize. Just like the BOJ.



A 14-Year-Old Girl Explains How We Can Stop The Addiction To Economic Growth

Submitted by Tyler Durden on 11/05/2013 - Hi! I’m Amy Johnson-Martinez, the 14-year-old girl who’s saving the earth from environmental destruction. A lot of people don’t understand how the destruction of the earth is connected to our addiction to economic growth. Actually, a lot of people don’t even realize that we’re addicted! Personally speaking, I think it’s kind of weird that economists don’t tell us about this. So I guess it takes a 14-year-old girl to tell you about it! Economists always say, “The economy has to keep growing or else it will collapse.” But it can’t grow forever, because the earth is running out of resources. Actually, it’s already starting to happen. That’s a big reason why the economy is getting worse.



Submitted by Tyler Durden on 11/05/2013 -

3 months later and it appears hope has reverted (once again) to its new normal reality. "Just one more quarter," we are sure, will be the clarion call from all asunder...


Tuesday Tragedy: "QE Will Continue Until Morale Improves"

Submitted by Tyler Durden on 11/05/2013 –


"I" For Inevitable

Submitted by Tyler Durden on 11/05/2013 - Just over 400-years ago today, a group of 13 conspirators were caught trying to assassinate King James I of England and blow up the House of Lords in what became known as the Gunpowder Treason. Fundamentally, the Gunpowder Treason was about freedom. The English monarchy at the time was controlling nearly every aspect of the economy and their subjects’ lives– from what they could wear to how they could worship.“Sumptuary laws” which regulated private behavior were commonplace. When you think about it, the collapse was inevitable. The Gunpowder Treason of November 5, 1605 may have been a failure for the conspirators, but given enough time, a system so screwed up, so unsustainable, was destined to collapse on itself. We’re not so different in the west today. Is it wise to think that this time is any different?



McAuliffe Wins in VA, Immediately Begins Campaigning for Clinton

Kurt Nimmo | Business of the people of VA comes in a distant second to getting Clinton elected.


TSA Sought Firing Range for Firearms Training Two Weeks Before LAX Shooting

Kit Daniels | Agency now has the resources to potentially arm airport screeners.


DNC Boss Wasserman Schultz: Nothing Obama Said About ACA “Was Not True”

Kurt Nimmo | Democrats desperately engaged in damage control after Obamacare revealed to be scam.


CIA Mission in Syria Almost Complete

Kurt Nimmo | Globalist plan is to keep the fires of the Sunni-Shia schism burning and “keep the barbarians from coming together.”


DHS to Hire “Top Secret” Domestic Security Force

Paul Joseph Watson | Is the Department of Homeland Security building a mercenary unit?


Police, Doctors Force Man To Undergo Humiliating Enemas, Anal Exams And X-rays

Steve Watson | All because suspect ‘clenched his butt’ during routine traffic stop.

Feds Move to Pin LAX Shooting On Patriots

Kurt Nimmo | FBI notes alleged shooter’s “concerns about a New World Order.”


ABC News Implicates Alex Jones in LAX Shooting

Paul Joseph Watson | Hit piece suggests criticism of big government is “shadowy subculture” linked to violence.


Obama’s 39% Gallup Rating Lowest Amid Health Care Fallout

Bloomberg | President hasn’t been above 50% since June.


Everyone On Wall Street Is Buzzing About ‘Optimal Control’ — The Janet Yellen Approach To Monetary Policy | Market participants have become increasingly interested in the policy views of current Fed vice-chair Janet Yellen.


Gold rises on dollar drop

Reuters | Over $1300 an ounce.


Poll: China Will Overtake U.S. Economically in 5 to 7 Years | By 2018 to 2020, 36% said China would be number one, compared with 43% for the U.S.



14 Facts About The Absolutely Crazy Internet Stock Bubble That Could Crash And Burn In 2014

Michael Snyder | Shouldn’t Internet companies actually “make a profit” at some point before being considered worth billions of dollars?


TSA Sought Firing Range for Firearms Training Two Weeks Before LAX Shooting

Kit Daniels | Agency now has more resources to arm airport screeners.


Police, Doctors Force Man To Undergo Humiliating Enemas, Anal Exams And X-rays

Steve Watson | All because suspect ‘clenched his butt’ during routine traffic stop.


Feds Move to Pin LAX Shooting On Patriots

Kurt Nimmo | FBI notes alleged shooter’s “concerns about a New World Order.”


DHS to Hire “Top Secret” Domestic Security Force

Paul Joseph Watson | Is the Department of Homeland Security building a mercenary unit?


Arming TSA officers hits resistance on the Hill

Politico | Friday’s slaying of a Transportation Security Administration officer is fueling calls from union leaders to give some of the agency’s employees guns.


FEMA Camps: City to Exile the Homeless; It’s not a Conspiracy Theory Anymore

Brandon Walker | Under the radar from the prying eyes of the public, South Carolina made it legal to get rid of their homeless problem.


Al Qaeda Building Base on the Moon

Prison | Is Al Qaeda building a base on the moon? Political prankster Mark Dice talks with beach goers in San Diego to get their reaction to the “news.”


ABC News Implies Alex Jones Responsible for LAX Shooting

Paul Joseph Watson | Hit piece suggests criticism of big government is “shadowy subculture” linked to violence.


Has Reddit Banned Almost All Alternative Media?

Steve Watson | Drudge Report, Infowars on political blacklist.



China premier warns against loose money policies

Reuters | “We want to stabilize economic growth because we need to guarantee employment essentially.”


Greek Companies Unable To Pay Taxes Explode From 182K To Over Half A Million In One Month

Zero Hedge | The US bug, whereby the worse the economy, the higher the stock market and bond prices must have shifted to Greece.


We Are Close to The End: “The Con Job Is Up”

Mac Slavo | We’ve seen decades of manipulation in the monetary, financial and economic systems of this country.


900,000 to lose health insurance in California as Obamacare disaster spreads

Natural News | Obama officials admitted in 2010 that nearly one-third of Americans would lose coverage under Obamacare.






Crowd Boos During College Football Game After Obama Name Mentioned...


Student Loan Debt Owed to Feds Up 463% Since '09...


Toronto Mayor: 'Yes I smoked crack'...



POLL: Obesity Rates Climb Across All Demographics...


Man set on fire while sleeping on bus...