You Are Here: Home » News » Featured (Page 4)

No country for old men: Populism steals another nation as establishment desperately clings to dying globalism

On Sunday, Oct. 15, a shocking result took place as a young conservative upstart won the general election in Austria and validated that the global populist movement is still chugging along in high gear. The People's Party, which is led by 31 year old Sebastian Kurz, shocked the European elites by winning on Sunday with a majority 30% of the vote.  And perhaps what is most astonishing is the fact that this p ...

Read more

FDIC closes down seventh bank of 2017 in the state of Kansas

On Oct. 13, the FDIC closed down their seventh bank of 2017 as The Farmers and Merchants State Bank of Argonia shuttered its doors.  This institution is the first bank failure for the month of October, and it is also the first bank closure in the last five months. 10/13/2017 *** Kansas *** Argonia *** The Farmers and Merchants State Bank of Argonia *** $2.6 million dollar estimated FDIC DIF cost. The total ...

Read more

Expect Libor rigging to continue with big banks as U.S. courts impose ‘slap on the wrist’ fines

In today's financial world where governments, regulators, and courts deem banks 'too big to jail', fraud, corruption, and theft are just the cost of doing business.  And when banks and brokers can make tens of billions of dollars or more, and only pay fines of about 1-5% of their profits, then there is no incentive not to continue committing fraud when all they will receive is a virtual 'slap on the wrist'. ...

Read more

Real estate value investors flock to Houston as the best time to buy is when there is ‘water’ in the streets

Because flood insurance is not very affordable for those living in coastal cities around the United States, quite often after hurricanes a lot of homes do not get rebuilt, re-modeled, or even worse, many homeowners end up going into foreclosure. The elite have a saying that the best time to buy an asset is when there is 'blood in the streets', and modifying this axiom just a little bit, it appears that real ...

Read more

Keeping Greece in austerity profitable for the ECB as the central bank reaps windfall from holding their debt

For almost the past decade Greece has become Europe's poster child of economic decline, with nearly every financial institution within the Eurozone bent on keeping the Southern European country in poverty and austerity.  And even with an extreme changes in their political structure through the election of the Syriza Party, Greece has remained virtually enslaved to the debts they incurred leading up to the f ...

Read more

Chicago to repeal soda tax after citizens finally rebel against legislative over-reach

Historically, Chicago is one of the most corrupt cities in America with the municipality being dominated by a combination of organized crime, dynastical families, and unions.  And the victims of this corruption have often been the citizens of Chicago who even today live in fear from potential homicide that law enforcement can't even begin to deal with. And in response, Chicagoans are leaving the City and st ...

Read more

Staunch gun control Senator admits no law could have stopped Las Vegas shooter

In a very interesting interview from over the weekend, one of the Democrat's poster children for gun control, Senator Diane Feinstein, admitted that the Las Vegas shooter Stephen Paddock did everything legally, and that no law could have prevented him from conducting his horrific actions a week ago. In fact by all accounts Paddock had no history of violence, mental illness, or financial problems which means ...

Read more

In just one month the Federal Government increased the National Debt by over $300 billion

It didn't take long for the Federal government to cross the $20 trillion threshold when Congress facilitated a three month extension of the debt ceiling last month, and it appears from early indications that the final 100 days of 2017 could bring that debt very close to $21 trillion. This is because in just the past 30 days, the national debt has increased by over $300 billion, with tally's still awaiting w ...

Read more

Las Vegas vs. Catalonia: De-centralized vs. centralized violence

""If the representatives of the people betray their constituents, there is then no resource left but in the exertion of that original right of self-defense which is paramount to all positive forms of government, and which against the usurpations of the national rulers, may be exerted with infinitely better prospect of success than against those of the rulers of an individual state. In a single state, if the ...

Read more

Trends forecaster Gerald Celente sees rebirth of niche retail as malls continue their death rattle

On Oct. 5, world renowned trends forecaster Gerald Celente issued two new economic forecasts that are appearing upon the landscape in the wake of dying retail. According to Celente, the current trend of dying malls and large franchises such as Sears, J.C. Pennys, and K-Mart will continue, with a shift taking place for niche retailers focused more on quality and quantity.  Additionally, there will emerge a d ...

Read more

IRS provides Equifax a backdoor bailout after credit agency hack put over 100 million Americans data at risk

To show you just how corrupt the swamp in Washington is, the IRS last week gave Equifax a psuedo 'back door bailout' as the government agency provided the credit bureau a no-bid contract to... secure data for the IRS's taxpayer database. It just doesn't get anymore ironic than that. Just hours after Equifax CEO Rick Smith wrapped up his testimony before the House Energy and Commerce committee ‚Äď the first in ...

Read more

Fast food upstart Shake Shack’s new location will be partially run by robots, no longer accept cash

A Manhattan Shake Shack location is opening that will likely be a model for the future of fast food as the upstart restaurant is charting a course of automation that will include no longer accepting cash for payments. In fact replacing cashiers with automated kiosks could be the first step in the creation of a virtually human free restaurant as customers can place their orders from automated screens or from ...

Read more

© 2012 Secrets of the Fed