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Why is the Fed tapering?

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Published on Intrepid Report, by Paul Craig Roberts and Dave Kranzler, February 4, 2014.

On January 17, 2014, we explained The Hows and Whys of Gold Price Manipulation. In former times, the rise in the gold price was held down by central banks selling gold or leasing gold to bullion dealers who sold the gold. The supply added in this way to the market absorbed some of the demand, thus holding down the rise in the gold price.  Continue Reading…

Greece 3rd bailout

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Leaked: Germany says 3rd Greek bailout worth €10bn-€20bn, on Russia Today RT, Feb 3, 2014.

The next financial lifeline Greece will receive from Germany and its European lenders will be worth €10 billion to €20 billion, the German magazine Der Spiegel reports, citing a document leaked from Berlin’s finance ministry.

The rescue package, which will be the third for Europe’s most troubled economy, is considered “extra aid” by German Finance Minister Wolfgang Schauble, who said the sum would be “far smaller” than the €240 billion is has already received from international lenders.   Continue Reading…

Zur mehr gerechten Welt

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mit nur echtem Geld, 125.09 min, von GoldenAUroraniS am 3. Februar 2013 hochgeladen.

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Apostasy ban overshadows political debate in Tunisia

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Published on The Tunis Times, by Staff, Jan 23, 2014.

The debate over the role of religion in the constitution has ignited an ideologically-heated dispute between the secularists and the Islamists. Ultimately, the two sides of the conflict, whether public or parliamentary, argued that Article 6 – the heart of this debate- should be worded otherwise to maintain balance. The article guarantees freedom of belief and conscience and the free exercise of religion and bans apostasy and incitement on violence.   Continue Reading…

Eric Hobsbawm

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How junk economists help the rich impoverish the working class

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Published on Intrepid Report, by Paul Craig Roberts, Jan 31, 2014.

A few days ago, I explained how economists and policymakers destroyed our economy for the sake of short-term corporate profits from jobs offshoring and financial deregulation.  Continue Reading…