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Keyword: depression

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  • Rising: Food Stamp Beneficiaries Exceed 45 Million for 50 Straight Months

    09/08/2015 9:05:59 AM PDT · by lbryce · 21 replies
    Washington Beacon ^ | September 8, 2015 | Ali Mayer
    The number of beneficiaries of the Supplemental Nutrition Assistance Program (SNAP), otherwise known as food stamps, has exceeded 45 million for 50 straight months, according to data released by the Department of Agriculture (USDA). In June 2015, the latest month for which data is available, there were 45,510,153 beneficiaries of the food stamp program, an increase of 14,869 between May and June. Beneficiaries of this program now exceed the population of Canada, which totals 34,834,841, according to a widely used source for such figures. The number of food stamp recipients first exceeded 45 million in May 2011. Since then, the...
  • 698K Native-Born Americans Lost Their Job In August

    09/07/2015 4:55:41 PM PDT · by SkyPilot · 36 replies
    Zero Hedge and Drudge ^ | 7 Sep 15 | Tyler Durden
    698K Native-Born Americans Lost Their Job In August: Why This Suddenly Is The Most Important Jobs Chart After the Fed admitted over a year ago that the US unemployment rate (which in 2012 was supposed to be a rate hike "threshold" once it hit 6.5% and is now at 5.1%) has become irrelevant in a country where a record 94 million people have left the labor force, and with the Fed poised to hike rates even though US hourly wages have not only not increased for the past 7 years, but for the vast majority of the labor force continue...
  • BLACK MONDAY: The First Time EVER The Dow Has Dropped By More Than 500 Points 2 Consecutive Days

    08/24/2015 5:50:43 PM PDT · by SkyPilot · 84 replies
    The Economic Collapse ^ | 24 Aug 15 | Michael Snyder
    On Monday, the Dow Jones Industrial Average plummeted 588 points. It was the 8th worst single day stock market crash in U.S. history, and it was the first time that the Dow has ever fallen by more than 500 points on two consecutive days. But the amazing thing is that the Dow actually performed better than almost every other major global stock market on Monday. In the U.S., the S&P 500 and the Nasdaq both did worse than the Dow. In Europe, almost every major index performed significantly worse than the Dow. Over in Asia, Japanese stocks were down...
  • Obama will leave his party in its worst shape since the Great Depression—even if Hillary wins.

    08/21/2015 12:51:44 PM PDT · by SeekAndFind · 22 replies
    Politico ^ | 08/21/2015 | Jeff Greenfield
    As historians begin to assess Obama’s record as president, there’s at least one legacy he’ll leave that will indeed be historic—but not in the way he would have hoped. Even as Democrats look favorably ahead to the presidential landscape of 2016, the strength in the Electoral College belies huge losses across much of the country. In fact, no president in modern times has presided over so disastrous a stretch for his party, at almost every level of politics. Legacies are often tough to measure. If you want to see just how tricky they can be, consider the campaign to get...
  • 12 Signs That An Imminent Global Financial Crash Has Become Even More Likely

    08/16/2015 4:24:40 AM PDT · by SkyPilot · 49 replies
    Economic Collapse ^ | 11 Aug 15 | Michael Snyder
    Did you see what just happened? The devaluation of the yuan by China triggered the largest one day drop for that currency in the modern era. This caused other global currencies to crash relative to the U.S. dollar, the price of oil hit a six year low, and stock markets all over the world were rattled. The Dow fell 212 points on Tuesday, and Apple stock plummeted another 5 percent. As we hurtle toward the absolutely critical months of September and October, the unraveling of the global financial system is beginning to accelerate. At this point, it is not...
  • Bone-Smoking Nonsense

    08/14/2015 12:16:13 PM PDT · by SatinDoll · 3 replies
    The Market-Ticker ^ | August 14, 2015 | Karl Denninger
    The amusement is strong from this one.... The economy has made great gains and is approaching an acceptable normal. Policy should shortly acknowledge this reality. The Fed took extraordinary policy measures in response to extraordinary economic conditions. Conditions are no longer extraordinary. Compared to earlier in the year, we know a lot more and can shelve some concerns. We appear to be past the most acute concerns of a spillover from Europe. I have more confidence in the resilience of the economy today compared to even a few months ago. I am much less concerned about a reversal of economic...
  • A phrase that altered history: "I do not choose to run..."

    08/08/2015 1:42:32 PM PDT · by re_nortex · 37 replies
    August 8, 2015 | Self
    It was 88 years ago this month that President Calvin Coolidge handed out strips of paper (that he cut himself) to members of the press during a brief conference with these words: I do not choose to run for President in 1928. This stunning event took place at the Summer White House in the Black Hills of South Dakota on August 2, 1927. The implications of Coolidge not actively seeking the Republican presidential nomination for 1928 reverberate to this day. While the terse phrasing appeared to leave the door open for a draft movement, the result was that Herbert Hoover...
  • Eating white bread, rice ups depression risk in women

    08/06/2015 8:59:19 PM PDT · by BenLurkin · 14 replies
    The study by James Gangwisch and colleagues in the department of psychiatry at Columbia University Medical Centre (CUMC) looked at the dietary glycemic index, glycemic load, types of carbohydrates consumed, and depression in data from more than 70,000 postmenopausal women who participated in the US National Institutes of Health's Women's Health Initiative Observational Study between 1994 and 1998. Scientists said that while carbohydrates consumption normally increases blood sugar levels, eating highly refined carbohydrates, such as white bread, rice and junk food, triggers a hormonal response that affects the glycemic index. This then exacerbates changes in a woman's mood and triggers...
  • Magnetic Pulses Might Provide Long-Lasting Tinnitus Relief: No, It Will Not Suck Your Brain Out

    07/31/2015 8:29:21 AM PDT · by Red Badger · 27 replies ^ | July 20, 7:51 AM | By Ted Ranosa
    A new study conducted by researchers from the Oregon Health & Science University and the Veterans Affairs Portland Medical Center suggests that a transcranial magnetic stimulation system typically used for depression treatment could also help alleviate the debilitating effects of a condition known as tinnitus. ===================================================================================================================== Tinnitus is a debilitating condition wherein an individual often hears a ringing or clicking sound even though there are no external sources of the sound present. It currently affects an estimated 45 million people, mostly veteran soldiers, living in the United States, according to the American Tinnitus Association (ATA), and a proven cure for...
  • New Highs For The Baltic Dry Index

    07/22/2015 11:32:32 AM PDT · by blam · 3 replies
    Seeking Alpha ^ | 7-21-2015 | Clark Schultz
    July 21 2015 Clark Schultz, SA News Editor The Baltic Dry Index rose 4.3% to 1,113 with gains registering for capesize, panamax, and supramax rates. The BDI has doubled since February when a weak market prompted some companies to scrap ships. Shipping rates are still well-below the level from late 2013 to late 2014.(snip)
  • Arthur Laffer: How Tax And Tariff Hikes Crushed 1930s America

    07/20/2015 4:46:29 AM PDT · by SeekAndFind · 31 replies
    IBD ^ | 07/20/2015 | Arthur Laffer
    'Government is not the solution to our problem; government is the problem," may well be President Reagan's most oft-repeated quote. And the reason it's so frequently quoted is because it's so damn true. And no example fits this quote better than the government actions taken before and during the Great Depression. In 1929, the single largest tax increase on traded products was passed by both the U.S. House and the U.S. Senate. In May 1930, this so-called Smoot-Hawley tariff was signed into law by President Herbert Hoover, which precipitated massive retaliation on U.S. products by foreign governments. From that moment...
  • Shooter's family says he suffered from depression

    07/19/2015 8:31:41 AM PDT · by PROCON · 107 replies
    CHATTANOOGA, Tenn. (AP) -- The family of the man who killed four Marines and a sailor in Chattanooga said in a statement that their son suffered from depression and was not the person they knew. "There are no words to describe our shock, horror, and grief," said the statement, provided Saturday to the Associated Press by a lawyer representing the family of Muhammad Youssef Abdulazeez. "The person who committed this horrible crime was not the son we knew and loved. For many years, our son suffered from depression. It grieves us beyond belief to know that his pain found its...
  • Can the Bacteria in Your Gut Explain Your Mood?

    06/28/2015 10:48:26 PM PDT · by 2ndDivisionVet · 67 replies
    The New York Times Magazine ^ | June 23, 2015 | Peter Andrey Smith
    The rich array of microbiota in our intestines can tell us more than you might think.Eighteen vials were rocking back and forth on a squeaky mechanical device the shape of a butcher scale, and Mark Lyte was beside himself with excitement. ‘‘We actually got some fresh yesterday — freshly frozen,’’ Lyte said to a lab technician. Each vial contained a tiny nugget of monkey feces that were collected at the Harlow primate lab near Madison, Wis., the day before and shipped to Lyte’s lab on the Texas Tech University Health Sciences Center campus in Abilene, Tex. Lyte’s interest was not...
  • A Harvard Ph.D. Totally Misses the Point About 'Red State Blues'

    06/10/2015 6:10:07 AM PDT · by lifeofgrace · 5 replies ^ | 6/9/15 | Steve Berman
    [caption id="attachment_1490" align="aligncenter" width="620"] Image source: Stanford University[/caption] I was recently chided by an editor when he asked me my opinion on one of my stories.  I told him how The Washington Post reported it: “WaPo went with ‘shocking’,” I emailed. My phone immediately rang. “I don’t care what WaPo went with,” he said in an animated voice. “Listen, those people are just the same as you and me. “I’ve been in those newsrooms.  Do you think they’re any better because they work at the New York Times or The Washington Post?” he drilled into me. It was a good...
  • Depression is no longer the No. 1 mental-health concern among college students

    06/02/2015 8:50:24 AM PDT · by SeekAndFind · 21 replies
    Business Insider ^ | 06/02/2015 | Abby Jackson
    Anxiety has now surpassed depression as the most common mental-health diagnosis among college students, according to The New York Times. A recent study of more than 100,000 students by the Center for Collegiate Mental Health at Penn State found that more than half of students seeking help at campus clinics report anxiety as an issue, and nearly one in six college students has been treated for anxiety in the past year, according to the American College Health Association. Mental-health counselors on campus attribute numerous factors to this rise, namely academic pressure from a much earlier age and compulsive social-media interaction....
  • Get ready for some depressing news about the US economy (UNEXPECTED!)

    05/28/2015 8:30:56 PM PDT · by SaveFerris · 28 replies
    Business Insider ^ | Thu, May 28, 2015, 11:30pm EDT - US Ma | By Myles Udland
    We're about to get some terrible news about the US economy. Sort of. On Friday morning at 8:30 a.m. ET, the Bureau of Economic Analysis will release its second estimate of first quarter GDP, which is expected to show the economy contracted 0.8% in the first quarter. The initial reading on first quarter GDP, released on April 29, showed the economy grew just 0.2%. Ahead of that report, Wall Street expected the economy grew 1% to start 2015. Subsequent data, however, showed that the economy was likely even weaker than first estimated to start the year. Some economists, however, either...
  • How Government Inaction Ended the Depression of 1921

    05/20/2015 7:42:14 AM PDT · by all the best · 4 replies
    Mises Institute ^ | May 20, 2015 | Llewellyn Rockwell
    As the financial crisis of 2008 took shape, the policy recommendations were not slow in coming: why, economic stability and American prosperity demand fiscal and monetary stimulus to jump-start the sick economy back to life. And so we got fiscal stimulus, as well as a program of monetary expansion without precedent in US history. David Stockman recently noted that we have in effect had fifteen solid years of stimulus — not just the high-profile programs like the $700 billion TARP and the $800 billion in fiscal stimulus, but also $4 trillion of money printing and 165 out of 180 months...
  • Markets More: HSBC Bearish HSBC WARNS: The world economy faces a 'titanic problem'

    05/14/2015 6:15:18 AM PDT · by bushwon · 32 replies
    Business Insider ^ | 5/13/2015 | Stephen King
    HSBC chief economist Stephen King is already thinking about the next recession. In a note to clients Wednesday, he warns: "The world economy is like an ocean liner without lifeboats. If another recession hits, it could be a truly titanic struggle for policymakers." Here's King (emphasis added): Whereas previous recoveries have enabled monetary and fiscal policymakers to replenish their ammunition, this recovery — both in the US and elsewhere — has been distinguished by a persistent munitions shortage. This is a major problem. In all recessions since the 1970s, the US Fed funds rate has fallen by a minimum of...
  • Harry Dent: Over $100 Trillion In Wealth Will Disappear

    05/05/2015 4:04:54 PM PDT · by Citizen Zed · 34 replies
    ETF Daily News ^ | 4-20-2015 | Greg Hunter
    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 peak right around here between 17,000 and 19,000.  So, we are right in the middle.  We are looking for an even bigger correction likely in late 2016 to 2017.  This whole thing has been in an artificial bubble” “We’d be in a depression right now if it were not for $11 trillion...

    04/29/2015 4:42:06 PM PDT · by SkyPilot · 20 replies
    Gateway Pundit ^ | 29 Apr 15 | Jim Hoft
    Obama’s just like Reagan… Except when he isn’t. Trickle Down Economics versus Trickle Down Socialism Ronald Reagan’s economic plan saw GDP surge at a 3.5% clip – 4.9% after the recession. That’s a 32% bump. During the Obama years, thanks to his big government policies, the US economy has stalled. Today the quarterly GDP was announced. The GDP for the first quarter of 2015 braked more sharply than expected at only a .2% pace. The US economy has grown an anemic 9.6% during the Obama years (excluding today’s dismal number). Of course, Obama’s record on job growth is also much...
  • Mental illness made the Germanwings co-pilot a victim along with his passengers

    04/02/2015 9:55:11 AM PDT · by onedoug · 25 replies
    Los Angeles Times ^ | 2 APR 2015 | Robert M. Sapolsky
    What are we to make of Andreas Lubitz piloting a Germanwings airplane into the side of a mountain? There is an unhelpful tautology, meant to be explanatory, that arises at times like this. How could someone have done something this evil? Because they were evil. Or: How could someone have done something this heartless? Because they were heartless..
  • Andreas Lubitz: Germanwings flight's last minutes revealed in chilling black box transcript

    03/29/2015 5:14:25 AM PDT · by KeyLargo · 155 replies
    Mirror ^ | March 29, 2015
    Andreas Lubitz: Germanwings flight's last minutes revealed in chilling black box transcript 29 March 2015 By Alex Wellman Patrick Sondheimer is heard screaming to his co-pilot "Open the goddam door" as passengers scream in the background The dramatic last moments of the doomed Germanwings flight have been revealed in a chilling transcript of the black box recording that shows the captain screaming at Andreas Lubitz “Open the goddam door”. Patrick Sondheimer, pilot of the traffic plane, is heard frantically pleading with the killer to let him into the cockpit, just seconds before crashing into the Alps. BEA Germanwings CVR Evidence:...
  • The “Greatest Invisible Depression”

    03/28/2015 11:29:31 AM PDT · by Sean_Anthony · 8 replies
    Canada Free Press ^ | 03/28/15 | Dr. Ileana Johnson Paugh
    How will we cope when the American economy crashes? What or who will replace the American Empire? “There is no America! There is a cash machine.”—Michael Savage We are experiencing the “Greatest Invisible Depression” in the history of the United States; the Depression Era soup kitchens and lines are unseen, coming to the mail box in the form of welfare checks, yet the government cash machine, the Fed, keeps printing bogus trillions that have no backing in goods and services. The welfare checks keep coming but the unemployment figures reported have dropped to 5.5 percent! According to economists, 5-6 percent...
  • Germanwings co-pilot nicknamed 'Tomato Andy' tore up sick note and hid secret illness

    03/27/2015 5:48:12 AM PDT · by KeyLargo · 80 replies
    Daily Mail ^ | 27 March 2015
    MailOnline US Friday, Mar 27th 2015 BREAKING NEWS: Germanwings co-pilot nicknamed 'Tomato Andy' tore up sick note on the day he crashed jet and hid secret illness from the company, prosecutor reveals Pilot Andreas Lubitz might have been suffering a 'personal crisis' after failed relationship, it was claimed last night He had suffered from depression and 'burnout' and was once deemed 'unfliable' but was later passed as fit to fly Head of Lufthansa admitted the 28-year-old had slipped through the 'safety net' - with devastating consequences Friends said he was teased and called 'Tomato Andy' because he worked as a...
  • ‘Important Evidence Found’ In Co-Pilot Andreas Lubitz’s Home

    03/27/2015 5:26:37 AM PDT · by Michael van der Galien · 46 replies
    PJ Media ^ | 03-27-2015 | Michael van der Galien
    European media report that German authorities have found “importance evidence” in Andreas Lubitz’s home. Lubitz was the co-pilot of Germanwings flight 9595, that he purposefully crashed in the French Alps. Although the German police don’t want to share any details at this moment, they say that the evidence explains why he committed this horrendous mass murder. In the meantime, it has become clear that Lubitz had serious psychological issues. He was hospitalized in a mental hospital back in 2009. When he was 27 years old, Lubitz apparently suffered from regular panic attacks. He was still being treated by a psychiatrist...
  • $100 Trillion American Economic Collapse with Jim Rickards

    12/11/2014 8:11:12 AM PST · by Ghost of SVR4 · 11 replies
    Youtube ^ | Oct 21, 2014 | Jim Rickards
    I don't know too much about Jim Rickards, just found this to be an interesting video about the overall economy and some tidbits about what our government agencies are up to. The video is a 45 minutes long interview of sorts and discussion. Just posting in the event other are interested.
  • Another Recession is on the way

    02/28/2015 9:43:53 AM PST · by Kaslin · 22 replies ^ | February 28, 2015 | Mike Shedlock
    In 2006-2007 I called for a recession. We got a big one. I called for another one in 2011, as did the ECRI. That recession never happened. 50% is not a very good recession predicting track record except in comparison to consensus economic opinions that have never once in history predicted a recession. Consensus opinion is batting a perfect 0.00% Investigating the Record By the way, the ECRI was late in calling the recession of 2007. They still deny it. And questions regarding the 2001 recession and ECRI have still not been answered. I have talked about all of this...
  • Sorry, liberals, Scandinavian countries aren’t utopias

    01/12/2015 8:28:28 AM PST · by Baynative · 51 replies
    NY Post ^ | Jan 11, 2015 | Kyle Smith
    In the American liberal compass, the needle is always pointing to places like Denmark. Everything they most fervently hope for here has already happened there. So: Why does no one seem particularly interested in visiting Denmark? (“Honey, on our European trip, I want to see Tuscany, Paris, Berlin and . . . Jutland!”) Visitors say Danes are joyless to be around. Denmark suffers from high rates of alcoholism. In its use of antidepressants it ranks fourth in the world. (Its fellow Nordics the Icelanders are in front by a wide margin.) Some 5% of Danish men have had sex with...
  • The index that timed the 2008 crash perfectly just slumped to a three-decade low

    01/30/2015 7:57:56 AM PST · by SeekAndFind · 76 replies
    Business Insider ^ | 01/30/2015 | Mike Bird
    The Baltic Dry Index just hit a 28-year low. The index drew attention for mapping the financial crisis, going through the floor as the global economy tanked in 2008, but it just slumped to an even lower level. The index measures shipping costs for dry bulk commodities (minerals and metals like coal and iron, as well as grain and other food). It plunged by more than 90% in just a few months in 2008 as the global crisis unrolled. Then, it was an impressive bellwether for the global situation. Shipping costs were previously so expensive because demand was strong and...
  • Central bank prophet fears QE warfare pushing world financial system out of control

    01/21/2015 4:46:57 PM PST · by 9thLife · 7 replies
    The Telegraph ^ | 6:48PM GMT 20 Jan 2015 | By Ambrose Evans-Pritchard, in Davos
    The economic prophet who foresaw the Lehman crisis with uncanny accuracy is even more worried about the world's financial system going into 2015. Beggar-thy-neighbour devaluations are spreading to every region. All the major central banks are stoking asset bubbles deliberately to put off the day of reckoning. This time emerging markets have been drawn into the quagmire as well... "We are in a world that is dangerously unanchored," said William White, the Swiss-based chairman of the OECD's Review Committee. "We're seeing true currency wars and everybody is doing it, and I have no idea where this is going to end."...
  • France Terror Heading to US, Oil Crash Equals Market Crash, Obama’s Phony Recovery

    01/11/2015 6:50:55 PM PST · by Lorianne · 12 replies
    You Tube/ USA Watchdog ^ | 08 January 2015 | Greg Hunter
    video 15:10
  • In Greek tragedy, entrepreneurs triumph

    01/06/2015 5:27:42 AM PST · by Tolerance Sucks Rocks · 16 replies
    The Washingtont Times ^ | January 5, 2015 | Polyxeni Athanasoulia and Nikolia Apostolou
    ATHENS, Greece — In these disastrous economic times, opening a store on tony Voukourestiou Street next to global luxury brands such as Dior and Prada is a goal many Greek fashion designers can only dream about. But despite the crippling financial crisis that has been plaguing Greece for the past six years, 35-year-old Penny Vomva opened a storefront for her designer clothing and accessories company, RIEN, on the boutique-lined thoroughfare last month. Ms. Vomva is delighted, but she also is concerned about the shifting fortunes of the Greek economy. “My line of handmade leather bags costs 180 euros to 450...
  • 1920-21: The Depression That Was Fixed by Doing Nothing

    01/03/2015 6:42:40 AM PST · by SeekAndFind · 19 replies
    Wall Street Journal ^ | 01/03/2015 | James Grant
    To combat the Great Recession and its long-lingering aftermath, leading central banks have pulled some $10 trillion out of thin air. Governments of the world’s principal economies have rung up almost $20 trillion in deficit spending. We often hear that the authorities have done too little. Perhaps they have done too much. Not so long ago, the authorities did hardly anything. In response to the severe, little-known economic slump of the early 1920s, they virtually sat on their hands. It is an often forgotten episode that suggests the potential for constructive federal inaction—and underscores the healing power of Adam Smith...
  • Venezuela's president blames opposition for deep recession

    12/31/2014 8:34:29 AM PST · by GilGil · 20 replies
    Yahoo ^ | 12/31/14 | George Rueda
    In an almost three-hour long press conference, the socialist president blamed the severe slump on his government's opponents, who brought the economy to a standstill during deadly protests earlier this year and are now heartened by a recent plunge in oil prices that they hope will loosen his grip on power ahead of key congressional elections just months away.
  • Cops Being Murdered, SCOTUS and GOP bending over, Obama Approval Up....Sad

    12/21/2014 4:14:37 PM PST · by SoFloFreeper · 7 replies
    12/21/14 | sff
    Folks, I have been a bit under the weather maybe my mood is reflected by my sickness. I log on to Drudge and see Obama is going UP in Gallup....meanwhile, the society is hurtling toward hell. Sodomy is celebrated and enabled by SCOTUS (the state of Florida's constitution is about to be shredded--to the delight of the liberal media), jobs are being lost, racism is exploding, and all during the season wherein we are to remember our Saviour. My mind and heart struggle to remember God has ALL THINGS in His control. His providence is working all events and...
  • The Vanishing Male Worker: How America Fell Behind

    12/11/2014 3:45:29 PM PST · by 2ndDivisionVet · 57 replies
    The New York Times ^ | December 11, 2014 | Binyamin Appelbaum
    ANNAPOLIS, Md. — Frank Walsh still pays dues to the International Brotherhood of Electrical Workers, but more than four years have passed since his name was called at the union hall where the few available jobs are distributed. Mr. Walsh, his wife and two children live on her part-time income and a small inheritance from his mother, which is running out. Sitting in the food court at a mall near his Maryland home, he sees some of the restaurants are hiring. He says he can’t wait much longer to find a job. But he’s not ready yet. “I’d work for...
  • You Can Keep Your Doctor…If He Doesn’t Kill Himself

    12/09/2014 8:52:27 AM PST · by Oldpuppymax · 7 replies
    Coach is Right ^ | 12/9/14 | Michael D. Shaw
    As the ACA (Obamacare) enters its comic relief phase, with the Jon Gruber videos; the “now you tell me” confessions of Democratic lawmakers who say that the bill should not have been passed; and the truly unwanted resurrection of Kathy Sebelius, maybe it’s time to get serious once again. In health care, it can’t get any more serious than physician suicide. Official estimates put the annual toll of American physicians who die at their own hand as high as 400. But, given the stigma of suicide—especially among doctors—this figure is probably low. Indeed, what are the chances that a physician,...
  • Are We Reliving The 1930s?

    12/07/2014 9:11:25 PM PST · by Nachum · 21 replies
    zero hedge ^ | 12/7/14 | tyler durden
    Submitted by Neil Howe - author of The Fourth Turning, originally posted at,At the close of last week’s G20 Summit, U.K. Prime Minister David Cameron warned that we’re on the verge of another global recession, citing problems like looming deflation, falling prices, and rising protectionist sentiment. This list evokes a sense of déjà vu: not about the Great Recession, but the Great Depression. That was the last time we ever seriously worried about disinflation, along with every practically other aspect of economic performance raising alarm bells today: low interest rates, weak investment, slow productivity growth, and chronic labor force...
  • The Depression of Obama

    11/18/2014 11:48:51 AM PST · by Kaslin · 50 replies ^ | November 18, 2014 | Rachel Alexander
    Obama’s frequent vacations and increase in golfing excursions have become bizarre, considering so many continue to struggle economically almost six years into his presidency, and the world is being rocked by an epidemic of Islamic jihadist torture and horrendous murders, moving increasingly closer to our shores. Few Americans can afford to take vacations - if they actually have a job that is full time and gives them the ability to take a vacation - yet Obama continues to take exotic trips around the world with his wife and kids. Both Republican Presidents Bush never engaged in lavish family trips to...
  • Former Goldman Banker Reveals The Path To The Next Depression And Stock Market Collapse

    11/12/2014 6:26:38 AM PST · by blam · 17 replies
    Zero Hedge ^ | 11-12-2014 | Tyler Durden
    Tyler Durden 11/11/2014 A funny thing happened on the way to the ‘end’ of the multi-trillion dollar bond buying program known as QE - the Fed chronicles. Aside from the shift to a globalization of QE via the European Central Bank (ECB) and Bank of Japan (BOJ) as I wrote about earlier, what lingers in the air of “post-taper” time is an absence of absence. For QE is not over. Instead, in the United States, the process has simply morphed from being predominantly executed by the Federal Reserve (Fed) to being executed by its major private bank members. Fed Chair,...
  • It’s all but official: This will be the most dominant Republican Congress since 1929

    11/05/2014 6:34:32 PM PST · by GilGil · 28 replies
    Washington Post ^ | 11/5/2014 | Philip Bump
    This will be the most dominant Republican Congress since 1929, with an almost-certain 8 percent majority in the Senate and an 11.7 to 17.7 percent majority in the House. That trumps the party's 6.3/13.3 percent majorities in the 80th Congress that began in 1947. (Even if the party loses the Senate races in Louisiana or Alaska, it only needs two of the contested House races that remain to go its way to beat 1947.)
  • The Economy Of The Largest Superpower On The Planet Is Collapsing Right Now (EU)

    11/05/2014 3:14:35 PM PST · by blam · 20 replies
    The Economic Collapse Blog. ^ | November 5, 2014 | Michael Snyder
    By Michael Snyder November 5th, 2014 How do you fix a superpower with exploding levels of debt, that has a rapidly aging population, that consumes far more wealth than it produces, and that has scores of zombie banks that could collapse at any moment. You might think that I am talking about the United States, but I am actually talking about Europe. You see, the truth is that the European Union has a larger population than the United States does, it has a larger economy than the United States does, and it has a much larger banking system than the...
  • FBI Says Explosives Suspect Ryan Chamberlain in Custody

    06/02/2014 11:50:11 PM PDT · by blueplum · 15 replies
    ABC News ^ | June 2, 2014 | DEAN SCHABNER
    Ryan Kelly Chamberlain II, the subject of a nationwide manhunt after explosive materials were allegedly found in his San Francisco apartment, was taken into custody by the San Francisco Police Department and the FBI, an FBI spokesman said today. A law enforcement source briefed on the case told ABC News that Chamberlain was taken into custody "right under the Golden Gate Bridge," but he was not certain if he was in a car or on foot at the time. The capture came after a day of dramatic and cinematic cat-and-mouse with the hunted man. "We had been close to him...
  • New blood test could be first to detect clinical depression

    09/17/2014 11:26:02 AM PDT · by BenLurkin · 11 replies
    CBS News ^ | September 16, 2014, 10:00 AM | Jessica Firger
    Now a new study suggests that a simple blood test could soon allow doctors to diagnose clinical depression as easily as they check cholesterol. Researchers at Northwestern University have developed the first blood test that analyzes levels of nine blood biomarkers associated with adult clinical depression. The results of their study were published Tuesday in the journal Translational Psychiatry. The test looks at levels of nine RNA blood markers, which appear to be different among patients with diagnosed clinical depression versus those who do not have depression. RNA are the molecules that help to process DNA genetic code and carry...
  • [California] Secretary of State Debra Bowen tells of struggle with depression

    09/06/2014 1:54:36 PM PDT · by BenLurkin · 24 replies
    LA Times ^ | September 6, 2014 12:23 PM | Patrick McGreevy
    Two months before Californians go to the polls to choose a governor, the state's top elections official tearfully acknowledged Friday that she has been consumed by a "debilitating" depression that has often kept her away from the office.. Secretary of State Debra Bowen, who oversees statewide voting, told The Times that she has a history of depression and has moved out of the two-story country home she owns with her husband. She now resides in a trailer park on the outskirts of Sacramento. "I have suffered from depression since I was in college, and I am having a more difficult...
  • Doctor Kills Depressed Woman in Euthanasia, Doesn’t Tell Family Until Next Day

    09/05/2014 6:41:48 AM PDT · by wagglebee · 27 replies
    Life News ^ | 9/4/14 | Alex Schadenberg
    Alliance Defending Freedom filed an application with the European Court of Human Rights Wednesday on behalf of Tom Mortier, who is challenging Belgium’s laws that allow euthanasia. Mortier’s mother was put to death by a doctor for “untreatable depression” even though she was not terminally ill. Mortier did not find out what had happened until he received a telephone call the day after her death. “The government has an obligation to protect life, not assist in promoting death,” said ADF Litigation Staff Counsel Robert Clarke. “A person can claim that she should be able to do whatever she pleases, but...
  • B.C. Woman Sues Ex-Boyfriend To Pay For Failed Class After Breakup (Canada)

    09/03/2014 8:41:35 PM PDT · by Jack Hydrazine · 29 replies
    Canadian Press via ^ | 29AUG2014 | CP Staff Writer
    KAMLOOPS, B.C. - A 22-year-old B.C. woman is suing her ex-boyfriend to pay tuition for a class she says she failed due to distress over the breakup. Roopam Plawn, a marketing student at Thompson Rivers University in Kamloops, says in her notice of claim that she is seeking $500 for the class, $600 for anxiety, depression, insomnia and loss of working time and performance and $250 for "severe distress." She also wants Jasmeet Ahluwalia to pay court costs. Plawn says in the court document that she met the international student in September 2013, they broke up in early 2014, got...
  • Depression May Not Be Caused by a Lack of Serotonin: Study

    09/02/2014 12:15:05 PM PDT · by nickcarraway · 43 replies
    New York Daily News ^ | September 1, 2014 | Meredith Engel
    The latest research exploring the topic found that mice without serotonin still reacted to antidepressants. The data could change the way we think about treating the leading cause of disability worldwide.A lack in serotonin might not be entirely to blame for depression, new evidence suggests. It's widely believed that people with depression don't make enough serotonin-a messenger in the brain. But mice lacking serotonin did not exhibit symptoms of depression, reports a study in the journal ACS Chemical Neuroscience. When Prozac — which works primarily by increasing the amount of serotonin in the brain — was introduced in the 1980s,...
  • I’m expecting the next crisis rather sooner than later

    08/24/2014 6:50:35 PM PDT · by GilGil · 22 replies
    Finanz und wirtschaft ^ | 8/19/14 | Christoph Gisiger
    So what’s really going on? We are in a structural depression that began in 2007 and will continue indefinitely. A lot of people don’t understand the definition of an economic depression. They believe that it means a continuous decline in GDP. Put differently: If two quarters of declining GDP mark a recession than a depression must be a long string of declining GDP. But that’s not the definition. A depression does not mean that you have no growth. You can have growth in a depression, it just means the growth is below trend. But all the policy makers think we’re...
  • Time Magazine Derides Marine General Smedley Darlington Butler

    08/19/2014 4:38:16 AM PDT · by CharlesOConnell · 6 replies
    Time Magazine ^ | March 17, 2014 | Steven Welch
    December 3, 1934, Time Magazine, Plot Without Plotters, From Straight Dope One frosty dawn in November 1935, 500,000 War veterans rolled out of their blankets in the pine barrens around the CCC camp at Elkridge, Md. The brassy bugle notes of "Assembly" hurried them to the camp's parade ground, where, mounted on a white horse and surrounded by his staff, they found their leader, Major General Smedley Darlington ("Old Gimlet Eye") Butler, U. S. M. C., retired. "Men," cried General Butler, "Washington is but 30 miles away! Will you follow me?" The answer was a mighty shout: "We will!" Squad...