Archive of Economic News Archives | Page 2 of 33 | Truth is Treason

Hayden’s Headlines: Monderno’s Giveaway, TSA, Social Control, and Adrenal Burnout

Posted on Feb 22, 2013 in Blog, Editorials, & Thoughts, Economic News, Emergency Preparedness & Survival, Global & National News, Health, Food News, & Big Pharma, Social Networking
JP Morgan, Economists Agree: Market Collapse Will Strike in 2013 Thumbnail

JP Morgan, Economists Agree: Market Collapse Will Strike in 2013

Posted on Jan 25, 2013 in Economic News, Federal Reserve & Bankers

Kevin Hayden – TruthisTreason.net

Source: MoneyNews

According to a major bank, a pair of noted economists, and one controversial billionaire, 2013 will be a “year of terrible reckoning” for the stock market.

JP Morgan just released its outlook for the first quarter. Surprisingly, this regularly bullish company has reversed course and revealed an ominous chart that every investor needs to be alerted to.

As you can clearly see, stocks have retraced the pattern from the last two big market rallies (averaging over 100%), and now face a massive decline in 2013 (of over 50%).

Market Collapse Chart

JP Morgan isn’t alone in its stark predictions.

Hayden’s Note:

This is a must-read article. Additionally, by looking at the chart above, one can clearly see that from ’97 to ’00, it was a moderate uphill climb, followed by a very similar descent. In ’02, it took much longer to get to that high market rally point before descending much more rapidly than the previous fall. The ’09 ascent will likely not top off for several more months, suckering in more market-players before crashing faster than ever before.

...

Continue ReadingLeave a Comment

DoD Spends More on Antidepressants, Viagra, and Opiates than on Tanks, Missiles, and Choppers

Posted on Jan 05, 2013 in Economic News, Police, Military, & War, Political Issues

Kevin Hayden – TruthisTreason.net

Source: Statesman

Last year, the Pentagon spent more on pills, injections and vaccines than it did on Black Hawk helicopters, Abrams tanks, Hercules C-130 cargo planes and Patriot missiles — combined.

Some of the prescription drugs that have fueled the military’s skyrocketing pharmaceutical budget are the same ones that have medicated the civilian world over the past decade. Since 2002, the Department of Defense has spent more than $5 billion on Lipitor, Plavix, Advair, Nexium and Singulair.

Rather than a reflection of the drugs needed to treat wounded troops, the top-selling prescriptions signal an increase in aging military retirees covered by the military’s health program, Tricare, with drugs for arthritis, osteoporosis and diabetes costing billions. The Department of Defense also spent more than $380 million on erectile dysfunction drugs and $238 million on testosterone therapy drugs over the decade.

But the military drug purchases also paint a picture of a fighting force increasingly reliant on antidepressants, psychotropic drugs and powerful narcotic painkillers that critics call dangerous and that have been involved in a growing number of prescription drug overdoses....

Continue ReadingLeave a Comment
Debt Limit: a Guide to the National Debt as Household Income Thumbnail

Debt Limit: a Guide to the National Debt as Household Income

Posted on Dec 30, 2012 in Economic News, Federal Reserve & Bankers

Kevin Hayden – TruthisTreason.net

Originally posted Jan 9th, 2012 @ 4:39

A satirical short film taking a look at the national debt and how it applies to just one family. Starring Brian Stepanek & Eddie Jemison, Produced by Seth William Meier, DP/Edited by Craig Evans, 1st AC Brian Andrews, Sound Mixer Gus Salazar, Written and Directed by Brian Stepanek....

Continue ReadingView Comments (2)
Ron Paul on the Fiscal Cliff: “We Have Passed the Point of No Return” Thumbnail

Ron Paul on the Fiscal Cliff: “We Have Passed the Point of No Return”

Posted on Dec 29, 2012 in Economic News, Political Issues

Kevin Hayden – TruthisTreason.net

Source: Zero Hedge

In a little under three minutes, Ron Paul explains to a somewhat nonplussed CNBC anchor just how ridiculous the charade that is occurring in D.C. actually is.

This succinct, spin-free clip should be required viewing for each and every asset-manager, talking-head, propagandist, and mom-and-pop who are viewing the last-minute idiocy of the ‘fiscal cliff’ debacle with some hope that things will be different this time.

“We have passed the point of no return where we can actually get our house back in order,” Paul begins, adding that “they pretend they are fighting up there, but they really aren’t. They are arguing over power, spin, who looks good, who looks bad; all trying to preserve the system where they can spend what they want, take care of their friends and print money when they need it.” With social safety nets available to rich and poor, there is no impetus for change and “the country loses,” but Paul concludes, the markets are starting to say “there is a limit to this.”

Forward to 5:45 for the Ron Paul interview (ignore everything else)

...

Continue ReadingLeave a Comment
Barter Economy: 50g Gold and Silver CombiBar Can Snap into 1g Micro Bars Thumbnail

Barter Economy: 50g Gold and Silver CombiBar Can Snap into 1g Micro Bars

Posted on Dec 25, 2012 in Constitutional & Liberty Issues, Economic News, Emergency Preparedness & Survival, Federal Reserve & Bankers

Kevin Hayden – TruthisTreason.net

Valcambi sa, an international gold refiner and bar manufacturer based in Switzerland, has debuted their new CombiBar, a .999 gold or silver, credit card sized “bar” that can be broken into 1 gram increments for smaller transactions.

combibar5

For those who invest in precious metals as a form of barter or alternative currency, the traditionally higher premiums on small gold bars are cost-prohibitive to many buyers, making silver much more attractive due to its lower cost per ounce and ease of use in transactions.

Gold is typically reserved for larger purchases or as a store of wealth, until now.  The CombiBar allows an investor to purchase 50 gram or 100 gram “bars” that can snap apart into individual, smaller “bars” or sheets.  The cards are available in .999 silver, palladium, and platinum!

It should be noted that like all precious metal purchases, there is a premium, and according to my figures, the CombiBar runs approximately 15-25% higher than spot price, depending on what precious metal you purchase.

Typical bullion prices only command a 5-10% premium, so it boils down to, “Are you willing to spend a bit more now for easier use in the future?...

Continue ReadingView Comments (8)

Hayden’s Headlines: Jobs, Pot, GMO Mosquitos, Syria, and Tilapia Farming!

Posted on Dec 07, 2012 in Economic News, Emergency Preparedness & Survival, Global & National News, Police, Military, & War, Political Issues

Hayden’s Headlines: Lock the Doors, TSA, a Zen Buggy, Pumpkin Butter, and More

Posted on Nov 30, 2012 in Blog, Editorials, & Thoughts, Economic News, Emergency Preparedness & Survival, Global & National News, Health, Food News, & Big Pharma, Political Issues, Science & Technology

Congress Making it Nearly Impossible to Pass on a Farm to Your Children – 55% Estate Tax

Posted on Nov 22, 2012 in Constitutional & Liberty Issues, Economic News, Political Issues, Urban Gardening, Farming & Homesteading

Kevin Hayden  – TruthisTreason.net

Source: Economic Collapse Blog by Michael Snyder, Truth Contributor

If you have a farm or a small business, would you like to pass it on to your children when you die? Well, unless Congress does something, it is going to become much, much harder to do that starting next year.

Right now, there is a 5 million dollar estate tax exemption and anything above that is taxed at 35 percent. But on January 1st, the exemption will go down to 1 million dollars and the tax rate will go up to 55 percent. A lot of liberals are very excited about this, because they believe that the government will be soaking wealthy people like Warren Buffett and Bill Gates. But the truth is that a lot of farms, ranches and small businesses will be absolutely devastated by this change in the tax law.

There are many farmers and ranchers out there today that do not make much money but are sitting on tracts of land that are worth millions of dollars. According to the American Farm Bureau, approximately 97 percent of all farms and ranches in the United States would be subject to the estate tax if the exemption was reduced to just a million dollars.

...

Continue ReadingView Comments (4)

Keynes on Worker Utopia Through Perpetual Threat of War – Hayden’s Note Attached

Posted on Nov 20, 2012 in Economic News, Political Issues

Kevin  Hayden – TruthisTreason.net

Borrowed from Zero Hedge, via YouTube

Presenting 74 seconds of pure Krugmanism from the mouth of the man himself – John Maynard Keynes – in this 1939 (pre-war) radio address on the beginning of The Grand Experiment.

Hayden’s Note:

I don’t think the experiment ever ended, do you? Unemployment continues to rise and “defense” spending is at an all time high.  This is the cat-chasing-his-own-tail sort of bedtime story that most Keynesian followers still believe is the way to peace and prosperity – keep buying bullets, bombs, and missiles! War is Peace!

George Orwell would be proud.

Funniest part IS: most warmongering “Republicans” scream about Keynesian economic policy when they can attach it to a Liberal/Democrat, but in reality, they, too, are followers of Keynes to a T.

...

Continue ReadingLeave a Comment
Truth is Treason in the Empire of Lies: Ron Paul’s Farewell Speech to Congress Thumbnail

Truth is Treason in the Empire of Lies: Ron Paul’s Farewell Speech to Congress

Posted on Nov 16, 2012 in Constitutional & Liberty Issues, Economic News, Federal Reserve & Bankers, Political Issues

Kevin Hayden – TruthisTreason.net

Source: Burning Platform by Jim Quinn

Farewell Dear Doctor. You were the last remaining patriot. I salute you for your wisdom, courage, and honesty. You alone were the shining light during this dark time. You are no longer alone in your fight for freedom, liberty, and truth.

Farewell to Congress

This may well be the last time I speak on the House Floor. At the end of the year I’ll leave Congress after 23 years in office over a 36 year period. My goals in 1976 were the same as they are today: promote peace and prosperity by a strict adherence to the principles of individual liberty.

It was my opinion, that the course the U.S. embarked on in the latter part of the 20th Century would bring us a major financial crisis and engulf us in a foreign policy that would overextend us and undermine our national security.

To achieve the goals I sought, government would have had to shrink in size and scope, reduce spending, change the monetary system, and reject the unsustainable costs of policing the world and expanding the American Empire....

Continue ReadingView Comments (5)

Rolling Jubilee: Project to Buy Debt for Pennies on the Dollar and Then Erase It

Posted on Nov 11, 2012 in Constitutional & Liberty Issues, Economic News, Federal Reserve & Bankers, Social Networking

Kevin Hayden – TruthisTreason.net

Source: Rolling Jubilee & Strike Debt

We buy debt for pennies on the dollar, but instead of collecting it, we abolish it. We cannot buy specific individuals’ debt—instead, we help liberate debtors at random through a campaign of mutual support, good will, and collective refusal.

Hayden’s Note:

I take no position on the Occupy Wall Street movement. That being said, I found this project to be interesting and certainly worthy of sharing.  Groups like this can really change the paradigm and are offering solid solutions that I can jive with. 

We’re beginning this effort with The People’s Bailout, a variety show and telethon in NYC on November 15. All proceeds will go directly to buying people’s debt and cancelling it.

A bailout of the people by the people.

...

Continue ReadingView Comments (2)

Hayden’s Headlines: WoW Player Wins Senate Seat, Tiny Homes, the CIA, and the Marijuana Vote

Posted on Nov 09, 2012 in Alphabet Agencies & Operations, Alt Energy, Tiny Homes, & Structures, Blog, Editorials, & Thoughts, Economic News, Emergency Preparedness & Survival, Federal Reserve & Bankers, Global & National News
Get Out of the Dollar and Into Tangibles Thumbnail

Get Out of the Dollar and Into Tangibles

Posted on Oct 18, 2012 in Economic News, Emergency Preparedness & Survival

Kevin Hayden – TruthisTreason.net

Every so often, I get an email asking where I would invest my money or why I talk so much about putting my money into tangible goods rather than the stock market or traditional CDs.  From my standpoint, tangibles endure the test of time far better than a fiat paper currency such as the US Dollar.  A fiat currency has value only because of government fiat – or declaration.   And since it is tied to the whims of governing politicians and bankers, it risks inflation, meaning that you will need to shell out more and more dollar bills for the same old product year after year.  Look at the price of gasoline, as an example.  Prices inflate because the dollar is losing it’s fiat value – the Federal Reserve is stretching it too thin by creating more money in circulation with repeated rounds of “quantitative easing.”

See also: Death of the US Dollar Hegemony: Military Intervention, Oil Sales, and the Inevitable Collapse

So what are tangibles, you ask?  Well, that’s a broad term used to describe many things that are physical; something you can either hold in your hand or touch and is worth something. ...

Continue ReadingView Comments (17)

Hayden’s Headlines: HFCS, Prop 37, FEMA Drill, and the Tiny House Movement

Posted on Oct 16, 2012 in Blog, Editorials, & Thoughts, Economic News, Global & National News, Police, Military, & War, Political Issues
web counter