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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  • New Recession Starts After Mid-Year-John Williams
    By Greg Hunter’s USAWatchdog.com Economist John Williams correctly predicted the first quarter GDP in 2015 would turn negative.  What is his second quarter prediction for GDP?  Williams says, “I am looking for an outright contraction in the second quarter as well.  Two back to back negative quarters in the GDP (Gross Domestic Product) would be […]Related Pos […]
  • Every Asset in a Bubble, Except Gold and Silver-Michael Pento
    Greg Hunter’s USAWatchdog.com  Money manager Michael Pento thinks the Greek debt crisis is small when you consider the enormously leveraged global economy.  Pento contends, “That’s why I consider Greece as more of a distraction.  It’s a small piece to the puzzle.  You look at debt that extends all across the planet, every asset on the […]Related Posts:Free M […]
  • Obama Care Upheld at SCOTUS, Trade Treason Now Law, Lost Lerner Emails Destroyed-WNW 196
    By Greg Hunter’s USAWatchdog.com (6.26.15)  The huge concocted lie that is Obama Care was upheld by the Supreme Court.  The majority opinion simply reworded the law because it did not want to stop subsidies to more than 8 million people.  They are involving themselves in policy instead of interpreting the law.  Now, there is talk […]Related Posts:WNW 180-Net […]
  • We Don’t Know How Bad Secret Obama Trade Deal Really Is-Ellen Brown
    By Greg Hunter’s USAWatchdog.com Attorney and public banking expert Ellen Brown says the recent Obama trade deal is bad news.  Brown contends, “We don’t even know how bad it is.  All we know we got out of WikiLeaks.  It’s all secret.  They are negotiating what would be called a treaty which should require a two-thirds […]Related Posts:Big Banks Will Take Dep […]
  • Federal Reserve System a Run Away Machine-G. Edward Griffin
    By Greg Hunter’s USAWatchdog.com  (Early Sunday Release) Edward Griffin, author of “The Creature from Jekyll Island,” says the global monetary system is out of control. Griffin contends, “There is nothing that can be done about it. This thing is a runaway machine.  I would feel much better if these political figures would say hey, this […]Related Posts:Next […]
  • CA Drought Worst Ever, Greek Debt Crisis Latest, Fed Cannot Raise Rates, Secret Trade Deal Advances-WNW 195
    By Greg Hunter’s USAWatchdog.com (6.19.15  A picture is worth a thousand words, and here is a picture of an unfolding calamity in California.  Check out the latest drought map of the state.  Almost 100% of the state is in severe drought conditions.  Many parts of the West are also experiencing drought, but California is ground-zero.  […]Related Posts:WNW 182 […]
  • Next Financial Calamity Unavoidable-John Embry
    By Greg Hunter’s USAWatchdog.com  John Embry, Senior Investment Strategist at Sprott Asset Management, says there is no doubt another financial calamity is coming.  In fact, Embry says, “It’s unavoidable.  It’s inevitable is the word I would use.  There is no getting out of it.  If you thought 2008 was bad, and I thought it was […]Related Posts:Gold and Silv […]
  • Cashless Society Needed for Negative Rates-Gordon Long
    By Greg Hunter’s USAWatchdog.com  (Early Sunday Release) Macroeconomist Gordon Long says elite bankers want and need negative interest rates.  How do they get them?  Long says, “We need a cashless society in order to get negative interest rates.  We have had negative real interest rates for some time.  That’s the whole premise of paying down […]Related Posts […]
  • WNW 194-Secret Trade Deals, Not Serious About Stopping ISIS, Obama Care and Economy in Trouble
    By Greg Hunter’s USAWatchdog.com  (6.12.15)  The Republicans are pushing trade agreements, but they are secret.  Congressman Paul Ryan says “We the People” do not get to know the secret details until Congress votes them through.  On the trade packages in Asia and Europe, Ryan said, “It’s declassified and made public once it’s agreed to.”  Is […]Related Posts […]
  • The Collapse Is Now-Gregory Mannarino
    By Greg Hunter’s USAWatchdog.com Financial analyst Gregory Mannarino says time is short for the next financial calamity.  Mannarino contends, “Not only are things are getting close, but we are here now.  This is it. . . . The collapse is now.  Look at what is going on. . . .Despite actions by world central banks, […]Related Posts:Fed will be Forced to Punish […]
  • No. 731: Second Revision to First-Quarter 2015 GDP
    (SGS Subscription required) • Underlying Economic Reality Is Weak Enough to Pull the Heavily-Gimmicked, Headline GDP into Contraction • Adjusted for Inflation, First-Quarter GDP Fell by 0.17% (-0.17%); The Broader GNP Measure Fell by 0.98% (-0.98%) • Before Inflation Adjustment, First-Quarter GDP Fell by 0.23% (-0.23%); The Broader GNP Measure Fell by 1.06% […]
  • Tentative Schedule for Commentaries
      Commentary Date Releases Period Release Date   Thursday, July 02, 2015 Construction Spending Employment/Unemployment May-2015 June-2015 07/01/2015 […]
  • No. 730: May Durable Goods Orders, New- and Existing-Home Sales
    (SGS Subscription required) • Year-to-Year Decline in New Orders Signals Recession • Second-Quarter Durable Goods on Track for Annual Contraction, Before and after Inflation and/or Commercial-Aircraft Orders • New- and Existing-Home Sales Gained in May 2015, But with no Substantive Shift in Activity versus Low-Level Stagnation […]
  • No. 729: May CPI, Real Retail Sales and Earnings, Consumer Liquidity, FOMC, GDP
    (SGS Subscription required) • Further Frustrating Fed Hopes of Raising Rates, U.S. Economy Should Weaken Ahead • "New" Recession Remains in Play • Four Months of Flat-to-Down Real Earnings Headed for a Second-Quarter Contraction • May Retail Sales Gain of 1.21% Was 0.76% After Inflation; Sales Headed for Quarterly Gain; Annual Growth Signaled Reces […]
  • No. 728: May Housing Starts
    (SGS Subscription required) • Greater-Than-Expected Decline in May Housing Starts, but the Highly-Unstable Series Continued Its Smoothed Pattern of Low-Level Stagnation • Surge in May Building Permits Was Due Entirely to Distortions from Annualized Multiple-Unit Data in the Northeast […]
  • No. 727: May Industrial Production and the Produce Price Index (PPI)
    (SGS Subscription required) • It Still Looks a Lot Like a "New" Recession • Production Contracted in First-Quarter 2015; Second-Quarter Production Contraction Now Is a Virtual Certainty • Longest String of No Monthly Growth, and Worst Annual and Quarterly Production Activity Since the Economic Collapse • May PPI Surge of 0.55% Reflected Some Catch- […]
  • Commentaries News
    Today’s Commentary likely will be late in the day.  The ShadowStats June unemployment estimate has been posted to the Alternate data tab.  Best wishes to all for a Happy Fourth of July! PUBLISHING SCHEDULE:    The next regular Commentary, scheduled for Thursday, July 2nd, will cover June employment and unemployment and May construction spending.  Due to holi […]
  • No. 726: May Nominal Retail Sales, Mid-Year Review of Current Circumstances
    (SGS Subscription required) • Broad Outlook Unchanged: Continuing Economic Downturn, Massive U.S. Dollar Problems and Inflation Issues Ahead • Is Fed in Control of Monetary Policy? Fed Looks to Raise Rates, Irrespective of the Economy • Trade Deals Usually Reduce U.S. Economic and Employment Activity, More than 5-Million U.S. Jobs Lost So Far • Strong Nomina […]
  • No. 725: May Employment and Unemployment, Money Supply M3
    (SGS Subscription required) • Have the Fed and Uncle Sam Lost Control of the Economic and Monetary Situation? • Labor Data Were Skewed Heavily by Seasonal-Adjustment Distortions • Jobs Gains Were Bloated, Headline Unemployment Reporting Simply Was Meaningless • May 2015 Unemployment: 5.5% (U.3), 10.8% (U.6), 23.1% (ShadowStats) • Money-Supply M3 Annual Growt […]
  • No. 724: April Trade Deficit and Benchmark Revision, Construction Spending
    (SGS Subscription required) • Benchmark Trade Revisions Were Relatively Small; Aggregate Nominal Deficit Deepened by 0.7% (-0.7%) in 2014 • Trade Revisions Put the Lie to GDP-Seasonality Issues • April Real Deficit Effectively Was Unchanged versus First-Quarter • Despite Jump in April Construction Spending, Inflation-Adjusted Series Continued Broad Pattern o […]

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Steve Quale

Veterans Today

  • The US-Russia Economic War Heats Up
    As the US and Europe push forward with continued sanctions against Russia, an intriguing economic battle is taking shape, one which will have significant repercussions for years to come. While Washington and Brussels seek to divide Russia from Europe in order to maintain Western hegemony – blocking Eurasian integration by definition – Moscow is counteracting […]
  • India: The Revolution You Didn’t Hear About
    The municipal elections in Delhi, capital of India, on February 7th raised interest in a few journals but not nearly as much as they should have done. There is a reason for this. Many countries are struggling to cope with non-traditional parties challenging the establishment and gaining popular support. What happened in India, one of […]
  • Recent Attack in Tunisia or “There is No Prophet in His Own Country”
    This year the Friday of 9th Ramadan became truly “burning” for Tunisia: 40 people were killed, many more wounded. In the holy month for all Muslims, in which “the Qur’an was revealed” (Al-Baqarah 2: 185), when the thoughts of believers are to be occupied with prayer, ISIL once again killed people in this once prosperous […]
  • The United States Celebrates Independence Day — a Time for Re-evaluation
    The fourth of July. This is the day for Americans to go down to the beach with a picnic basket loaded up with ham sandwiches and to drink more beer than can possibly be recommended during the work week. This is the day to gather with friends and family and to ooh and aah at […]
  • Western Politicians are Controlled by Washington
    Documents that have recently been published by Wikileaks prove that the NSA has been wiretapping at least three French presidents along with a number of high-profile political figures. This information has provoked true outrage across French society and in local media, a reaction that is perfectly natural since no ally would appreciate such treatment for its […]
  • The Situation in Hong Kong Becomes Difficult Again
    Hong Kong again, as in the Autumn of last year, may become the focus of news agencies as a place where notable events in the world politics are unfolding. Though, the street protests that erupted here a year ago in connection with the recommendations of Beijing to change the procedure for electing local authorities managed […]
  • Lebanon: The Calm Before the Storm
    Despite the fact that Lebanon has somehow escaped the wave of “color revolutions” and civil wars that has been plaguing the Arab world, the situation in the country remains rather difficult. At any given moment a sectarian conflict can break out in Lebanon followed by a massive wave of terrorism. This situation is aggravated by […]
  • America’s Multinational Ramadan Assault
    It is not hard to fathom who on Earth possesses both the resources and the motivation to coordinate multiple, horrific militant attacks, ending scores of lives and provoking both fear and anger on a global scale such as seen during the recent Ramadan attacks that unfolded in France, Tunisia, Kuwait, and reportedly in China’s western […]
  • US Tanks Defend Poverty in Eastern Europe
    The latest villain in the 24/7 Hollywood melodrama known as cable news is Vladimir Putin. People across the United States are being told they should be terrified of him — and that, subsequently, they should support economic attacks and military encirclement of the country he leads, the Russian Federation. The news cycle now reports that […]
  • Should Tunisia be Thanking Washington for the Recent Terrorist Attacks?
    After a terrorist attack carried out by “Islamic State” (ISIL) militants on a hotel resort in Tunisia on June 26, that resulted in 39 people being killed, the situation in the country has begun to reach boiling point. This attack claimed more lives than any other massacre in the history of Tunisia. Tunisian authorities announced […]
  • Church Elder Defrauds Investors With "Holy Spirit" Day Trading System
    Submitted by Daniel Drew via Dark-Bid.com, While it remains unclear if the Holy Spirit was behind these trades, one thing is for sure: When Charles Erickson's investors opened their recent statements, they said, "Holy Shit!" As reported by Ponzi Tracker, Charles Erickson of Uxbridge, Massachusetts was looking for a way to supplement his retire […]
  • "There Are Obvious Signs Of Distress" In The Manufacturing Industry
    In April, we noted the NACM's comments that "there are big, big problems" underlying the economy as a surge in unfavorable factors suggested credit conditions were tightening dramatically (only to see that data revised away suddenly). June's data has confirmed this weakness with credit rejections soaring to their highest since 2009 with t […]
  • How Greece Has Fallen Victim To "Economic Hit Men"
    "Greece is being 'hit', there's no doubt about it," exclaims John Perkins, author of Confessions of an Economic Hit Man, noting that "[Indebted countries] become servants to what I call the corporatocracy ... today we have a global empire, and it's not an American empire. It's not a national empire... It's a corpo […]
  • NSA Leak Reveals Both Merkel And Schauble Saw Greek Debt As Unsustainable Even After Haircut
    Several days ago, we posted a NSA cable leaked by Wikileaks, in which then French finance minister Moscovici (currently a European commissioner) was admitted that the French economic situation was "worse than anyone [could] imagine and drastic measures [would] have to be taken in the next two years." It has not improved since then.    Overnight, in […]
  • Jobs Jolt Sparks Bond Bid; Stocks Skid As "Day Of Greckoning" Looms
    A little premature but... [youtube http://www.youtube.com/watch?v=ZomwVcGt0LE]   Deja Vu all over again...   Greece still doesn't matter...   Stocks limped higher into the payroll print - running stops above yesterday's highs... then dropped to yesterday's lows before trying to melt up into the last illiqui hour...   Small Caps were weak out o […]
  • JPMorgan Banker: "We Can't Make Money Anymore..."
    Submitted by Simon Black via Sovereign Man blog, Yesterday over coffee, a friend of mine leaked the news that JP Morgan’s private banking division here in Singapore is going to start charging negative interest rates. I almost fell out of my chair. He’s a successful hedge fund manager and one of their best customers. So when he received the notice, he rang up […]
  • Trading Stocks - It's Easier Than Farmwork... And Porn
    While the Chinese recently found out that making money from trading is, in fact, not "easier than farmwork," it appears in America, trading stocks is back en vogue... Meet 2014 Playmate of the Year, Kennedy Summers, who has given it all up to become a day trader...   [youtube http://www.youtube.com/watch?v=rdpO47U9JIc] Brings to mind the terms […]
  • "It Could Never Happen Here" - America Is Not Greece
    Tick, tock... "it could never happen here?"   Source: Townhall.com But as Jared "The 10th Man" Dillian writes on MauldinEconomics, a financial crisis of similar magnitude will happen in the US someday... it's just a matter of when... I was watching the 6 o’clock news and saw images of closed banks in Greece and people lined up at ATM […]
  • Did The IMF Just Open Pandora's Box?
    By now it should be clear to all that the only reason why Germany has been so steadfast in its negotiating stance with Greece is because it knows very well that if it concedes to a public debt reduction (as opposed to haircut on debt held mostly by private entities such as hedge funds which already happened in 2012), then the rest of the PIIGS will come pour […]
  • Friday Humor: How To Use A Fax Machine
    Hillary Clinton figuring out how to work a fax machine... and this is who may become America's next President?   […]

The Edge – April 4 2012

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