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Money Under Fire

A reminder of the great wealth transfer underway
Monday, December 12, 2016, 11:21 AM

The basic predicament we are in is that the current crop of leaders in the halls of monetary and political power does not appear to understand the dimensions of our situation.

The mind-boggling part about all this is that it's not really all that hard to grasp.

Our collective predicament is simply this: Nothing can grow forever. » Read more

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Breaking Free From The Captured Media

Why the mainstream press is freaking out
Friday, December 9, 2016, 9:55 PM

Why is the mainstream media freaking out right now? 

For the first time in American history, the entire weight of the corporate mainstream media failed to persuade the citizenry. With advertising revenues sliding along with the citizens' trust, the MSM is flailing about in a self-destructive fit of hubris. » Read more

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The Weighted Average Cost Of Capital

When it goes up, prices go down. It's going up...
Friday, December 2, 2016, 8:59 PM

Get ready to live in an era of rising interest rates. It's going to be unfamiliar territory for all of us... » Read more

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The View From Under The Bus

A visualization of the extreme plight of the saver
Wednesday, November 30, 2016, 12:20 PM

Through borrowing way too much, bailing out rather than prosecuting bad actors, printing trillions of "thin air" dollars, a deliberate pursuit of financial repression and other schemes -- the future prosperity of the "everyday American" has been stolen by those in power and those positioned closest to the trough. Mathematically, this orgy of excess needs to be balanced by severe austerity; an austerity the elites are forcing onto everybody else. No wonder the masses are pissed.

Few visuals drive this injustice home better than this one of historical bank CD interest rates. Note how they've been in steady collapse since the mid-1980s. » Read more

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The Power Struggle Unfolding Before Our Eyes

How it resolves will define the future we live in
Friday, November 25, 2016, 6:32 PM

A remarkably diverse array of “explanations” of Donald Trump’s presidential election victory have been aired, representing both the conventional political spectrum and well beyond.

While they very widely in terms of accuracy, all miss the bigger picture: the Public has begun a coup d'etat against the ruling elites. » Read more

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Getting Multiple Emails from Us? Read This

The glitch has been fixed
Sunday, November 20, 2016, 8:44 PM

In the wee hours last night, disk space on an old system of ours filled up. That created a digital bottleneck that affected a number of processes of ours, including our email system -- which we didn't realize until we got things fixed a few minutes ago.

Sadly, in the hours we were troubleshooting this, many of you received multiple copies of this weekend's PP newsletter. I'm now receiving a number of understandably cranky emails from folks wondering why their email inboxes are getting bombarded.

Our sincere apologies for this inconvenience.

The good news is we *think* we've fixed the bottleneck, and the related cascade of issues. So the extra emails should not be getting sent anymore (if that's not the case, please let us know!) » Read more

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We're Being Played

Our emotions are manipulated by persuasion & propaganda
Friday, November 18, 2016, 9:20 PM

The explosion of emotions during and after the Clinton-Trump race and Trump election caught many off guard.  Friends have been lost, family members estranged, and threats and hostility have boiled over in many relationships and communities.

In our consumer culture we are sold lots of things. Two weeks ago it might have been jeans and a TV, but last week it was fear.  And Loathing.  People were sold fear and loathing, and now it is ruining friendships, making people miserable, and setting the country apart. » Read more

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Get Ready... Change Is Upon Us

The 'economic peace' we've enjoyed for decades is over
Friday, November 11, 2016, 9:05 PM

At certain times, it’s really not that hard to predict "what" is going to happen next after disastrously short-sighted and self-interested policies are enacted. Predicting the "when", with precision, is much tricker. But obvious misguided economic policies are destined to have a limited period of apparent (but false) prosperity, after which they end with a nasty Bang!.

We have entered just such a time. This isn't a Trump vs Clinton thing; I'd make this claim regardless of who won this week's presidential election -- as our plight is much bigger than a single Administration. And my observation is that neither political party had much interest beyond some temporary election year lip-service to the economic plight of the middle class.

And by “middle class” I mean anybody not in the top 5% economic bracket. For those doing the math at home, that leaves the remaining 95% of us stuck in the meat grinder. » Read more

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We Risk Being Collateral Damage In The Neocon Lust For War

So much so that I've upped my personal preparations
Friday, October 28, 2016, 9:40 PM

Among the many conflicts that are boiling over, the one that concerns me the most -- by far -- is the West's very intentional efforts to demonize Putin specifically, and Russia generally.

Blatantly obvious propaganda is being used, most heavily by the very same (and unrepentant) main stream media outlets that were used the last time around -- when we ended up commencing a 'pre-emptive' war based on ginned-up intelligence that turned out to be wholly false. We owe it to ourselves not be so easily led this time around. » Read more

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VIDEO: Losses Hurt More Than Gains Help

What Prospect Theory tells us
Friday, October 21, 2016, 8:23 PM

As biological organisms, humans are motivated by pain and pleasure.

But interestingly, while we tend to think of these as equal motivators, they aren't.  » Read more