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The Best in Alternative News

NY Fed Raises GDP Forecast, DOW Closes New Record…

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Almost too much winning… almost, but I think we can take it. The New York federal reserve has raised their anticipated fourth quarter GDP growth forecast to 3.8%. That’s only a week after previously raising it to 3.2%. The Stock Market closes again at yet another all time high today…

White House Considering Mohamed El-Erian for Fed Vice Chair…

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In what will come as a big surprise to many Fed watchers, moments ago the WSJ reported that among other candidates, Mohamed El-Erian, former deputy director of the IMF, former head of the Harvard Management Company, Bill Gross’ former partner at Pimco until the duo’s infamous falling out, and one of the few people who […]

What a Jerome Powell-Led Fed May Look Like…

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Traders are likely to breathe a sigh of relief if Jerome Powell, the Fed governor under consideration by President Donald Trump to become chairman of the central bank, gets nominated. Powell is now the favorite in betting markets amid published reports he’s in the lead to get Trump to nominate him. Trump himself called Powell […]

How to Wipe Out Puerto Rico’s Debt Without Hurting Bondholders by Ellen Brown…

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During his visit to hurricane-stricken Puerto Rico, President Donald Trump shocked the bond market when he told Geraldo Rivera of Fox News that he was going to wipe out the island’s bond debt. He said on October 3rd: You know they owe a lot of money to your friends on Wall Street. We’re gonna have […]

The Federal Reserve Is Setting America Up for Economic Disaster…

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I recently had the opportunity to read “The Creature from Jekyll Island” by G. Edward Griffin, a prodigious tome dealing with the circumstances surrounding the creation of the U.S. Federal Reserve System. I was taken aback by some of its provocative assertions…

Lies, Lies & OMG More Lies…

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Every month the government apparatchiks at the Bureau of Lies and Scams (BLS) dutifully announces inflation is still running below 2%. Janet Yellen then gives a speech where she notes her concern inflation is too low and she needs to keep interest rates near zero to save humanity from the scourge of too low inflation.

1913: The Turning Point by Robert Curry…

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In 1913, Woodrow Wilson was the newly elected president. Wilson and his fellow progressives scorned the Constitution and the Declaration. They moved swiftly to replace the Founders’ republic with a new regime. There is widespread agreement that Wilson did not always show good judgment – for example…

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