Our main web page is at FinancialSurvivalNetwork.com
You will soon be automatically forwarded to that page.
If you are not automatically forwarded, please CLICK HERE to go there now.
by John W. Whitehead
“What happened here was the gradual habituation of the people, little by little, to being governed by surprise; to receiving decisions deliberated in secret; to believing that the situation was so complicated that the government had to act on information which the people could not understand, or so dangerous that, even if the people could understand it, it could not be released because of national security… This separation of government from people, this widening of the gap, took place so gradually and so insensibly, each step disguised (perhaps not even intentionally) as a temporary emergency measure or associated with true patriotic allegiance or with real social purposes. And all the crises and reforms (real reforms, too) so occupied the people that they did not see the slow motion underneath, of the whole process of government growing remoter and remoter.” – Historian Milton Mayer, They Thought They Were Free: The Germans, 1933-45
There is something being concocted in the dens of power, far beyond the public eye, and it doesn’t bode well for the future of this country.
Anytime you have an entire nation so mesmerized by the antics of the political ruling class that they are oblivious to all else, you’d better beware. Anytime you have a government that operates in the shadows, speaks in a language of force, and rules by fiat, you’d better beware. And anytime you have a government so far removed from its people as to ensure that they are never seen, heard or heeded by those elected to represent them, you’d better beware.
by Charles Hugh Smith
This criminalization of everyday life is not just insanely costly and insanely counter-productive–it’s insanely punitive.
The average person has little exposure to the criminalization of everyday enterprise in America via over-regulation and outsized penalties for even accidental violations of rules and regulations. One field that continues to be burdened with excessive/counter-productive regulations and outsized penalties is the practice of medicine.
I received the following email from a physician correspondent:
“As you will see, physicians have to deal with the federal government’s increasingly crazy and copious rules (like which patients they can screen for disease and how often).
The following is an email ad I received for an expensive service that provides no benefit to the ill and injured of America. It’s bureaucratic nonsense.”
by Pam Martens and Russ Martens
There’s a very old joke on Wall Street that goes like this: “How do you make a small fortune on Wall Street? Answer: Start with a large one.” Unfortunately, millions of Americans have discovered since 2008 that this is no laughing matter.
There are now more than 1,000 articles on this website that address the failure of our Congress and regulators to rein in the serial and frequently, conspiratorial, abuses of Wall Street against the investing public. There are brilliantly written books on the fleecing and insatiable greed of Wall Street; there are movies and documentaries on how Wall Street’s reign of financial terror brought the U.S. to the brink of financial collapse in 2008. And yet, the public continues to play the role of sucker at the big trading houses on Wall Street.
Just last week the Securities and Exchange Commission (SEC) provided a glimpse into more nefarious shenanigans on Wall Street that it has allowed to shrivel the life savings of retail clients for years.
by Craig Wilson
Jim Rickards joined the Business News Network, a Canadian based channel focused on finance and markets, to discuss his views on markets and why the gold standard would offer stability. The bestselling author offered highlights on his take on what to expect from the United States central bank, the Federal Reserve, and why he views gold as a real alternative.
When asked about his sense on gold and why we have not seen it take off yet he responded, “I think we are getting close. There are still some strong headwinds around gold. In the very short run, my view is that Janet Yellen will raise rates in March and I do expect that. That’s not fully priced in. As that gets priced in, it will make the dollar stronger. The dollar price of gold is just the reciprocal price of the dollar. So if you have a strong dollar, it is a lower dollar price for gold. If you have a weak dollar, it is a higher dollar price for gold.”
The American Dream moves further out of reach.
from My Budget 360
More Americans are finding it harder to afford a home. In fact, a closely followed housing affordability index is now back to where it was in 2008. Not exactly a prime time for buying homes. Most Americans are too broke to afford a home. Which is somewhat contrary to the narrative that is pumped out via pro housing propaganda. Buying a home is always a good deal! Real estate never falls! Only fools rent! So goes the story about buying real estate. Yet given current prices, many families find the dream of owning a home more of a far flung aspiration than a reasonable financial reality. We can see this trend unfolding with the vast number of new renter households over the last decade. Younger Americans are saddled with mountains of student debt and many are making lower wages. Taking on a large mortgage simply isn’t appealing or feasible when an albatross of debt is already being carried.
by Mike ‘Mish’ Shedlock
Australian parliament member Andrew Broad wants banks to accept zero percent down loans.
New.Au calls the proposal a “creative idea”.
IS THIS the lifeline struggling first home buyers have been waiting for?
Well, it’s certainly one of the more creative solutions to the country’s housing affordability crisis.
ALL CONTENT ON 'FINANCIALSURVIVALNETWORK.COM' AS WELL AS 'KERRYLUTZ.COM' IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY. 'FINANCIALSURVIVALNETWORK.COM' ASSUMES ALL INFORMATION TO BE TRUTHFUL AND RELIABLE; HOWEVER, THE CONTENT ON THIS SITE IS PROVIDED WITHOUT ANY WARRANTY, EXPRESS OR IMPLIED. NO MATERIAL HERE CONSTITUTES "INVESTMENT ADVICE" NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, COMMODITIES, OPTIONS, BONDS, OR FUTURES. ACTIONS YOU UNDERTAKE AS A CONSEQUENCE OF ANY ANALYSIS, OPINION OR ADVERTISEMENT ON THIS SITE ARE YOUR SOLE RESPONSIBILITY. THANK YOU.
Powered by WordPress & Atahualpa