WAHOO! COMING BACK STRONGER AND LARGER THAN EVER!

One door closes and another one opens.I separated from TME. It was mutual. As you know I am one of the most censored hosts in radio. It got to the point it was unbearable, suppose that was their plan. The Edge was zapped every day at 11:02 everyday. Time I could connect it only lasted 20 minutes. TME was not willing to upgrade gear to prevent interference. I don't like reruns. Todays news and comments are for the moment. The new network is by far the most cutting edge and will become your favorite. Bad news, It will also stream live video from my studio! Yikes! As always, I'll make you look good! Chat room will be great. SEE YA SOON.

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  • WNW 187, Iran Navy Flees Yemen, Clinton Bribery Scandal, and Flash Crash Patsy
    By Greg Hunter’s USAWatchdog.com (4/24/15)  There is some good news concerning the ongoing war in Yemen.  Iran cargo ships, possibly carrying arms and supplies, have turned around and are headed back to Iran.  Was it because of the USS Theodore Roosevelt carrier group?  You can bet on it.  I was worried that this would turn […]Related Posts:WNW 183-War in Ye […]
  • Strong Dollar is Black Swan-Rick Ackerman
    By Greg Hunter’s USAWatchdog.com  Trader/analyst Rick Ackerman says forget about the demise of the U.S. dollar anytime soon, Ackerman contends, “I have been totally bullish on the dollar for years, and it looks like clear sailing to me.  The dollar is certainly responding to what I would call economic fundamentals, even though bonds have been […]Related Post […]
  • Over $100 Trillion in Wealth Will Disappear-Harry Dent
    By Greg Hunter’s USAWatchdog.com  (Early Sunday Release) Best-selling author Harry Dent says the stock bubble we have today is the biggest in history.  Dent contends, “Now we’re in a third bubble, and each of these bubbles peaks at higher highs, and then they each crash to lower lows.  We’ve been looking for the Dow to […]Related Posts:Oil Price Plunge Trigg […]
  • WNW 186-Senate Gets To Approve Iran Deal, Russia Sends Air Defense to Iran, Middle East Chaos Continues
    By Greg Hunter’s USAWatchdog.com   Congress is going to get a say in the upcoming deal to curtail Iran’s nuclear program.  Congress has a veto proof majority they will require the President to allow Congress to give its approval.  Just this weekend, the President said that the “GOP had overstepped in foreign affairs” according to the […]Related Posts:WNW 185 […]
  • Drought Number One Emergency in California-Ellen Brown
    By Greg Hunter’s USAWatchdog.com Author and attorney Ellen Brown says the drought in California is dire.  NASA recently said that California has just one year of water left.  Brown says, “It was just declared our number one emergency. . . .It’s pretty shocking what is happening.  It’s our fourth year of drought.  The Governor just […]Related Posts:WNW-184- I […]
  • Fall 2015 Turning Point-Civil Unrest and Riots-Martin Armstrong
    By Greg Hunter’s USAWatchdog.com  (Early Sunday Release) Legendary financial analyst Martin Armstrong says the world is going to be hitting a major “turning point” this fall.  Armstrong says this is the end of a 300 year cycle and contends, “This appears to be a peak, as far as governments and bond markets are concerned, and […]Related Posts:War Cycle-Europe […]
  • WNW 185-Iran Nuke Deal Falls Apart, Will Fed Raise Interest Rates, Economy Getting Worse
    By Greg Hunter’s USAWatchdog.com (4/10/15) The deal to curtail Iran’s nuclear program is no deal at all.  How do I know this?  You just have to listen to the leadership in Iran.  The Ayatollah Khamenei has weighed in along with his subordinates, and they have said that the White House and the President are liars.  […]Related Posts:WNW-184- Iran Nuke Deal or […]
  • We’re Going to Step On a Mine before End of 2015-James Turk
    By Greg Hunter’s USAWatchdog.com  Renowned Precious metals expert James Turk thinks this fall is going to be trouble for the U.S. dollar.  Turk explains, “I think that is the time frame we should be looking for, and there are a couple of reasons for this.  Every five years, the International Monetary Fund recalculates the “Special […]Related Posts:Outlook fo […]
  • Fed Rate Rise Would Smoke Derivatives-Bill Holter
    By Greg Hunter’s USAWatchdog.com (Early Sunday Release) Financial writer Bill Holter says don’t expect the economy to get better anytime soon.  Holter says, “We’re probably in recession again . . . the economy has been quite weak.  It looks to me we could be breaking down in the stock market.  This is going to be […]Related Posts:Gold is Kryptonite to the Do […]
  • WNW-184- Iran Nuke Deal or No Deal, Russia Threatens Nuke War, 0% GDP Growth, California Drought
    By Greg Hunter’s USAWatchdog.com  (4.3.15) Looks like the U.S. and the rest of the major countries negotiating with Iran have a framework for a deal to curtail Iran’s nuclear program.  Let’s not call it a real deal.  Why?  Because this is only a so-called “framework,” and lots has to be agreed upon before it’s a […]Related Posts:WNW 185-Iran Nuke Deal Falls […]
  • No. 714: March Durable Goods Orders, Median Household Income, New- and Existing-HomeSales
    (SGS Subscription required) • Both Nominal and Real First-Quarter 2015 GDP Face Contraction, But Headline Downturn May Await the First Revision • Consensus Forecasts Never Catch Economic Downturns, Yet the Consensus Outlook Is Weighted into the Initial GDP Estimate • Real Durable Goods Orders Confirmed Back-to-Back Quarterly Contractions; Signaling a Second- […]
  • Tentative Schedule for Commentaries
      Commentary Date Releases Period Release Date   Wednesday, April 29, 2015 GDP 2015Q1-V1 04/29/2015   Tuesday, May 05, 2015 Construction Spending Trade Balance March-2015 […]
  • Commentaries News
    PUBLISHING SCHEDULE:   The next Regular Commentary, scheduled for Wednesday, April 29th, will cover the initial estimate for first-quarter 2015 GDP. See Schedule (LAST UPDATED April 24th)
  • No. 713: March CPI, Real Retail Sales and Earnings, Housing Starts, GDP Prospects
    (SGS Subscription required) • Housing Starts Plunged at Annualized Pace of 31.0% (-31.0%) in First-Quarter 2015 • Real Retail Sales Contracted at 2.0% (-2.0%) Annualized Pace in First-Quarter, Worst Showing Since Depths of Economic Collapse • Annual Real Sales Growth at Recession Level • Real Earnings Fell by 0.4% (-0.4%) in March • March Year-to-Year Inflat […]
  • No. 712: March Nominal Retail Sales, Industrial Production, PPI
    (SGS Subscription required) • Quarterly Retail Sales and Industrial Production Last Dropped Together in First-Quarter 2009, When Real GDP Contracted 5.5% (-5.5%) • Nominal Retail Sales Fell an Annualized 5.0% (-5.0%) in First-Quarter 2015; March Annual Growth Was Weakest Since Economic Collapse • Real Retail Sales Also Locked-In to First-Quarter Contraction […]
  • No. 711: Updated Outlook for General Economic Conditions
    (SGS Subscription required) • Data in the Week Ahead Should Trouble the Financial Markets • Market Sentiment on the Cusp of a "New" Recession? • First-Quarter GDP on Track for Worst Contraction Since Depths of the Economic Collapse […]
  • No. 710: March Employment and Unemployment, Money Supply M3
    (SGS Subscription required) • First-Quarter GDP Contraction Is an Increasingly Solid Bet; Market Sentiment Should Begin Shifting Towards "New" Recession • March Labor Data Fell Apart on Both the Payroll and Unemployment Fronts • Net of February Revisions, March Payrolls Gained Just 57,000 • Masked by Rounding, Headline Unemployment Actually Decline […]
  • No. 709: February Trade Deficit, Construction Spending
    (SGS Subscription required) • For Purposes of the Initial First-Quarter 2015 GDP Estimate, Growth Will Be Hammered by a Quarterly Widening of the Real Trade Deficit and a Quarterly Downturn in Real Construction Spending
  • No. 708: Revised Fourth-Quarter 2014 GDP, Real Median Household Income
    (SGS Subscription required) • GDP Held at 2.22% but Broader GNP Tumbled to 1.36% • Shifting Global Financial and Economic Distortions Impair Domestic Economic Activity […]
  • No. 707: February New Orders for Durable Goods
    (SGS Subscription required) • Durable Goods Orders in Back-to-Back Quarterly Contractions, Both Before and After Consideration of Commercial Aircraft Orders and Inflation • Signal Is for an Intensified Decline in Production and GDP, in Both First- and Second-Quarter 2015, a Looming Recession […]

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Steve Quale

Veterans Today

  • Results, Causes, and US Media Deceptions About Iran
    After the announcement of a possible agreement regarding Iran’s peaceful nuclear energy program and the economic sanctions imposed on the country by the United States, the US media has escalated its confused and distorted coverage of the Middle East. Falsehoods, half-truths, and incomplete presentations of events in the region are being promoted by the major […]
  • American Politics: A House of Mirrors
    A house of mirrors is an immersive, highly distorted and intentionally confusing version of reality. Those walking its corridors are sometimes amused and sometimes frightened by the disorienting experience, but luckily for them, it is only temporary. There is an exit, and they will walk through it, back to reality. But what if one existed […]
  • Russia and Japan in the Face of Sanctions
    One eloquent expression says: ‘The East is a delicate matter’, and in the contemporary world it is also influence-prone. Japan, like all G-7 countries piloted by the key player – USA, has joined in economic sanctions against Russia due to the situation in the southeast of Ukraine. Japanese mass-media would one day scream about the […]
  • Ukraine Partnering with NATO…to the Surprise of No One
    Despite more than a year of claiming otherwise, the US-backed government of Ukraine is now openly acknowledging their close association with NATO. Although the rhetoric is carefully guarded so as not to admit that Ukraine has become a de facto NATO member, the inescapable fact is that it is in all but name. Remember back […]
  • American Elections: A Global Death Threat
    This week in a secret meeting of global “fixers,” sometimes called the “Secret Shadow Government” or the “Khazarian Mafia,” Ohio Governor John Kasich, a virtual unknown, was chosen to join “the least of all Bushes,” former Florida governor Jeb Bush, to be appointed to run the US after a rigged presidential election scheduled for 2016. […]
  • Pankisi Supplies Conscripts to IS
    Georgia’s Pankisi Gorge is once in the public eye. Another two young local Kistians – aged 16 and 18 – (Kistinians are ethnic Chechens) have gone to fight in Syria. It’s been a while since the boys disappeared and searches, as it happens, brought no results. One of them later got in touch by phone […]
  • Putin Undercuts Obama Iran Ploy
    Once more Vladimir Putin and his team have managed to undercut Washington’s geopolitical strategy, this time regarding the secret bilateral US negotiations with Iran outside the G5+1 talks that included Russia. What Russia has done, with dazzling speed, is to defuse what could have been a devastating US move to turn Iran from an ally […]
  • It’s India’s Turn to Stop Terrorism
    After a long hiatus in peace talks and putting aside its jingoism, perhaps momentarily, India has finally sent some positive vibes from across the border to ‘arch-foe’ Pakistan. Following months of shelling by Indian army at Pakistan, Indian Prime Minister Narendra Modi sent his Foreign Secretary S. Jaishankar to Islamabad recently. It was not an […]
  • Russia Сonsolidates its Position in Thailand
    Thailand is known to Russians as an extremely popular holiday destination, which only last year was visited by 1.6 million people. During my studies in the Thai group at the Institute of Asian and African Countries, a trip to Thailand seemed a distant dream. The reason was simple – the country’s military rule. As, of […]
  • Global Alliance for Health and Social Compact/Corruption “does Georgia”
    One would think that good health is a public good, and therefore a functioning healthcare system should be accessible to all, at least in theory. This is the idea which lies behind healthcare systems in different European countries. But it appears that in an EU Association Agreement this principle can be sacrificed, behind closed doors, […]
  • Germany Prepares For "Plan B", Says Greece Would "Need Not Only A Third Bailout, But Fourth, Fifth Or Even More"
    It has been a very disturbing 24 hours for Greece. It all started during yesterday's surprisingly short, just one hour long Eurozone finmin meeting in Riga, where Yanis Varoufakis not only got the most "hostile" reception yet being called "a time-waster, gambler, and amateur", but for the first time one minister openly said that mayb […]
  • Just 6 Charts
    Presented with one comment... Di(e)Vergence?   Stocks vs Macro Data - too snowy, too droughty; closed ports, lower oil prices... any more excuses? Macro data - already drastically revised lower - continues to disappoint on  a scale not seen since 2008   Stocks vs Earnings Expectations - no lift in earnings expectations despite talking heads proclaiming earni […]
  • Overview Of Our Energy Modeling Problem
    Submitted by Gail Tverberg via Our Finite World blog, We live in a world with limits, yet our economy needs growth. How can we expect this scenario to play out? My view is that this problem will play out as a fairly near-term financial problem, with low oil prices leading to a fall in oil production. But not everyone comes to this conclusion. What were the v […]
  • October 15th Bond Market Crash Explained
    By EconMatters   Treasury, Fed, CME & HFT Community   Since there seems to be a fundamental lack of knowledge lately regarding market crashes, I thought I would explain what happened in the epic bond market crash of last year. It seems Treasury along with the Fed and various other players from the CME and the large financial institutions have been search […]
  • Overseas Investors Have "Little Appetite" For Chasing Chinese Mania: JPM
    To be sure, we’ve had our share of laughs at the expense of China’s margin-fueled equity mania. First there was the realization that more than 4 million new stock trading accounts were created in China last month alone — the country is now adding nearly that many each week. Then we discovered that if statistics are to be trusted, around one in three of those […]
  • The Fed Lives In The Past
    Submitted by Dominique Dassault via GlobalSlant.com, No Contemporary Thinking At The Fed   The picture of this very old telephone reminds of our “esteemed” Federal Reserve. They really seem incapable of any modern thought. Their parallels to, and fears of, the Great Depression [Former Chair Bernanke], seem to drive 2009-2015 monetary policy. It reminds me of […]
  • Gold, The SDR, & BRICS
    Submitted by Alasdair Macleod via GoldMoney.com, Last Monday there was a meeting in Washington hosted by the Official Monetary and Financial Institutions Forum (OMFIF) to discuss the future relationship, if any, of gold with the Special Drawing Rights (SDR). Also on the agenda was the inclusion of the Chinese renminbi, which seems certain to be included in t […]
  • Number Of Companies Beating Revenue Estimates Hits Lowest Level In Two Years
    Last Wednesday, some ostensibly serious people talked with some openly unserious people about “obsessive” corporate buybacks when Moody’s head of leveraged finance Christina Padgett, told CNBC that her “concern would be—if you think about how a company should position itself for further growth, you want to think of them as taking the cash they do have and us […]
  • Hundreds Dead After Devastating Nepal Earthquake Topples Structures, Starts Avalanches
    A little over four years after the devastating Japanese earthquake led to a tsunami that triggered the biggest nuclear disaster since Chernobyl, overnight Asia was once again the epicenter of a massive, 7.9 magnitude earthquake, this time not on the Pacific Rim but deep in the Himalayan mountain range, striking the small country of Nepal and sending tremors […]
  • One Last Look At The Real Economy Before It Implodes - Part 6: Solutions
    Submitted by Brandon Smith via Alt-Market.com, (click here for Part 1, Part 2, Part 3, Part 4, and Part 5) All problems, all crises, have at least one solution, if not many solutions. There is no such thing as an unwinnable scenario. Some may not be smart enough or courageous enough to see it, but the solution is always there, waiting to be discovered. The o […]

This Day In History

1216 – King John of England loses his crown jewels in The Wash, probably near Fosdyke, perhaps near Sutton Bridge

1492 – Christopher Columbus’s expedition makes landfall in the Caribbean, specifically in The Bahamas. The explorer believes he has reached South Asia

1582 – Because of the implementation of the Gregorian calendar this day does not exist in this year in Italy, Poland, Portugal and Spain.

1692 – The Salem witch trials are ended by a letter from Massachusetts Governor William Phips.

1773 – America’s first insane asylum opens for ‘Persons of Insane and Disordered Minds’ in Virginia

1792 – First celebration of Columbus Day in the USA held in New York

1823 – Charles Macintosh, of Scotland, sells the first raincoat.

1871 – Criminal Tribes Act (CTA) enacted by British rule in India, which named over 160 local communities ‘Criminal Tribes’, i.e. hereditary criminals. Repealed in 1949, after Independence of India.

1892 – The Pledge of Allegiance is first recited by students in many US public schools, as part of a celebration marking the 400th anniversary of Columbus’s voyage.

1901 – President Theodore Roosevelt officially renames the “Executive Mansion” to the White House.

1928 – An iron lung respirator is used for the first time at Children’s Hospital, Boston

1933 – The United States Army Disciplinary Barracks on Alcatraz Island, is acquired by the United States Department of Justice

1937 – Federal agents shoot and Kill Al Brady and members of the Brady Gang in a shootout at Bangor, Maine on Columbus Day in 1937. They surprised the gang at 8:30 a.m. on a busy street as they left a local store and a shootout between the gang and FBI Agents left a number of dead and wounded.

1945 – World War II: Desmond Doss is the first conscientious objector to receive the U.S. Medal of Honor.

1945 – The Nazi party is ordered to dissolve by The Allied Control Council and stated that any attempt at it’s revival in any guise would be considered a criminal offense.

1967 – Vietnam War: US Secretary of State Dean Rusk states during a news conference that proposals by the U.S. Congress for peace initiatives are futile because of North Vietnam’s opposition

1970 – Vietnam War: US President Richard Nixon announces that the United States will withdraw 40,000 more troops before Christmas

1972 – 46 sailors are injured in a race riot involving more than 100 sailors on the aircraft carrier USS Kitty Hawk .

1978: Some figures this week released by the Social Security administration give some interesting figures for current and projected incomes and taxes .

Current Average Worker earns $10,500 per year

1990 Average Worker Projected to earn $22,700 per year ( Actual was $28,960 )

2000 Average Worker Projected to earn $40,000 per year ( Actual was $40,344 )

2010 Average Worker Projected to earn $70,000 per year

2025 Average Worker Projected to earn $162,000 per year

2050 Average Worker Projected to earn $656,000 per year

1979 – The Hitchhiker’s Guide to the Galaxy, the first of five books in the Hitchhiker’s Guide to the Galaxy comedy science fiction series by Douglas Adams is published.

1984 – IRA Terrorists carry out a bomb attack on the British Government at the Conservative party conference at Grand Hotel Brighton. .

1998 – Matthew Shepard, American murder victim (b. 1976), died

2000 – The USS Cole a navy destroyer is attacked by two suicide terrorists believed to be part of ( Osama bin Laden’s al Qaeda terrorist network ) using a motorized rubber dinghy loaded with explosives which blows a 40ft by 40ft hole in the port side of the USS Cole while it was harbored in the Yemeni port of Aden leaving seventeen sailors dead and 38 wounded .

2008 -Europe has followed the United States with a plan to stabalise the European Banking Industry by offering guarantee loans between banks until the end of 2009, and putting money into troubled banks by buying preference shares

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