Tag Archives: Obama

• Parks chief warns of 'massive cuts, huge layoffs' as soon as 2020 (Chicago)
• No more excuses. Fix Pa. pension funds | Editorial
• Who’s Going to Pay for LA’s Unsustainable Pension Plans?
• ECB Official Warns QE Exit Could Spell Trouble for Italy's Debt
• U.S. recession chances edge up, risk Fed delivers fewer hikes: Reuters poll
• BOJ's Kuroda rules out early end of negative rate policy (Japan)
• Unthinkable?
• Bitcoin-Rigging Criminal Probe Focused on Tie to Tether
• NY BitLicense Approval, Blockchain for Energy Commodities, CFTC Enforcement, Advertising Use Cases and More

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• Stocks and Precious Metals Charts – Blue Monday – How Are the Mighty Mispricings of Risk Fallen 
• A Timeline Of The FBI And DOJ's Involvement In Hillary's Emails And The Trump Dossier
• How much are illegal activities behind the demand for crypto-currency?
• The Market Meltdown Is an Ominous Sign
• FEMA Contract Called for 30 Million Meals for Puerto Ricans. 50,000 Were Delivered.
• Shale Reality Check
• Oil Prices Ravaged By Financial Turmoil 
• Arctic permafrost home to large mercury reserves, study finds 

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For reasons that have no rational explanations at this time, the US and Europe have embarked on a concerted program to demonize Putin, ostracize Russia, and bring the world as close to a major conflict as it's been since the Cold War, a time hardly memorable to many in the current crop of our elected officials.

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We’ve been hearing a lot about the so-called Deep State lately. What to make of this shadowy monster? Some observers link it to the paranoid fantasy called the New World Order, a staple of political talk radio (and a hobgoblin I don’t believe in). 

I like to say that I’m allergic to conspiracy theories because human beings are generally too inept to carry out schemes at the grand scale, as well as being poor secret-keepers. Insider knowledge is almost always swapped around, even in secretive organizations, often recklessly so, because doling it out confers status, tactical advantage, and sometimes money for the doler-outer. But the Deep State isn’t a secret. It operates in plain sight.

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Considering the problems we face as a nation, the torpor and lassitude of current politics in America seems like a kind of offense against history. What other people have allowed circumstances to run over them like so many ‘possums sleeping on the highway?

And, since human affairs don’t remain static indefinitely, in what direction might things go when the political mood finally heaves and shifts? The possibilities are unsettling.

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Every year, friend-of-the-site David Collum writes a detailed "Year in Review" synopsis full of keen perspective and plenty of wit. This year's is no exception. Moreover, he has graciously selected PeakProsperity.com as the site where it will be published in full. It's quite longer than our usual posts, but worth the time to read in full.

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Part of David Collum's 2013 Year In Review

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• Even In a Time of Elephantine Vanity and Greed
• Quantitative Easing is a Heavy Load
• German euro founder calls for 'catastrophic' currency to be broken up
• Schiff: We're Heading For A Crisis Worse Than 2007
• The Thin Red Line
• OPEC Falling Apart at the Seams
• How Resource Limits Lead to Financial Collapse

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The diminishing returns of technology are insidious, and they are ever with us. By this I mean the slow erosion of the quality of life, despite the impression that technological wonders only make our lives better.

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