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Keyword: depression

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  • U.S. Economy-Plunge, Stagnation & Turning Down Anew-John Williams

    07/14/2014 10:21:03 AM PDT · by GilGil · 19 replies
    USAWatchdog.com ^ | 7/1/2014 | John Williams
    Back in 2013, Williams predicted that it would be “game over” in 2014. What are the statistics showing him now? Williams says, “They are showing the economy continues to weaken, and it never recovered. A second quarter contraction here would most assuredly be recognized as a new recession, and I contend we never got out of the old recession. We had plunge, stagnation and, now, we are turning down anew.”
  • The Real Great Depression?

    07/13/2014 6:42:33 PM PDT · by statestreet · 4 replies
    The University Bookman ^ | July 13, 2014 | David Pietrusza
    Amity Shlaes does not believe in playing it safe. In 2007 she issued the original edition of The Forgotten Man: A New History of the Great Depression, which dared to badly dent the established shibboleths regarding America’s Great Depression and how Franklin Delano Roosevelt’s New Deal did—or did not—dealt with it. In 2013, she departed the beaten path still more provocatively, resuscitating the reputation of the much-maligned Calvin Coolidge. Coolidge defied all odds and joined The Forgotten Man in achieving best-seller status. Having placed such high-stakes bets and won, she doubled back—and doubled-down—to collaborate on a “graphic” version of The...
  • The Deteriorating Economic Outlook

    07/08/2014 11:56:14 AM PDT · by GilGil · 20 replies
    Paulcraigroberts.com ^ | 7/8/2014 | Craig Roberts
    The first quarter contraction, especially our corrected number, implies a second quarter negative real GDP. In other words, the years of Quantitative Easing (money printing) by the Federal Reserve has not resulted in economic recovery from the 2008 downturn and has not prevented further contraction.
  • Please help! Trying to quit alcohol but facing challenges from family.

    07/04/2014 9:02:19 PM PDT · by proud American in Canada · 158 replies
    myself | July Fourth, 2014 | myself
    Hi all, I never, NEVER, thought I'd post this here. But at this point, I have no one to turn to. I'm a 51 year-old housewife/reporter and photographer who tries to make money doing proofreading, editing, writing,taking pictures, and oh, yes, selling ads for a phone book belonging to a dear friend of mine who was on Gatineau's city council (that's how I met him; we broke a lot of stories here). I need to make a profile on FR; it would save a lot of time. :) Long story short. I grew up in Des Plaines, IL, met my...
  • Herbert Hoover’s Anti-Market Policies Helped Turn an Economic Downturn into a Great Depression

    07/01/2014 3:45:03 PM PDT · by Kaslin · 13 replies
    Townhall.com ^ | July 1, 2014 | Daniel J. Mitchell
    There have been many truly awful presidents elected in the United States, but if I had to pick my least favorite, I might choose Herbert Hoover. I obviously have disdain for Hoover’s big-government policies, but I also am extremely irritated that – as Jonah Goldberg explained – he allowed the left to create an utterly bogus narrative that the Great Depression was caused by capitalism and free markets. Indeed, the Center for Freedom and Prosperity produced a video demonstrating that the statist policies of both Hoover and Roosevelt helped trigger, deepen, and lengthen the economic slump. Building on that theme,...
  • Negative Nominal Interest Rates: Highway to a Cashless, Statist Hell

    06/26/2014 10:26:02 PM PDT · by GraceG · 13 replies
    Barnhardt.biz ^ | 06-26-2014 | Ann Barnhardt
    I warned about this in part two of my 2.5 hour Economics Video Presentation back in November of ARSH 2012, and, sure enough, it has now happened. Because, as I have been saying all along, for anyone who knows ANYTHING about ANYTHING having to do with economics, finance and/or banking, and who does not have their brain bucket completely and firmly inserted up their rectal vault, it is obvious what is happening and how the chain of events will unfold. If a mouthy broad with a mere bachelor’s degree in animal husbandry from a land-grant university can see this stuff...
  • Why a grim US economic picture is brightening (technicolor barf alert)

    06/24/2014 5:59:39 PM PDT · by RightGeek · 18 replies
    Associated Press ^ | 6/24/2014 | CHRISTOPHER S. RUGABER and MARTIN CRUTSINGER
    WASHINGTON (AP) -- When the government updates its estimate Wednesday of how the U.S. economy fared last quarter, the number is pretty sure to be ugly. Horrible even. The economy likely shrank at an annual rate of nearly 2 percent in the January-March quarter, economists estimate. That would be its bleakest performance since early 2009 in the depths of the Great Recession. So why aren't economists, businesses or investors likely to panic? Because most agree that the economy last quarter was depressed by temporary factors - particularly the blast of Arctic chill and snow that shuttered factories, disrupted shipping and...
  • What Keynes Has Done To Us

    06/17/2014 7:24:49 AM PDT · by Nelson Hultberg · 13 replies
    Americans for a Free Republic ^ | June 15, 2014 | Nelson Hultberg
    The essential economic problem we confront today is that our dominant Keynesian intellectuals have abandoned reality. They do not grasp what they have wrought with the mountainous loads of debt and malinvestment that are overwhelming us. Much of this burden must be liquidated before genuine demand and growth can be restored, which will require radical reform if we are to evoke a genuine cure. To try and solve today’s debt created crisis with more debt (as the Keynesians are presently doing) can only bring on a bigger bust the next time around, which will require still larger “debt injections” to...
  • Tiny molecule may help battle depression, study claims

    06/09/2014 11:03:24 AM PDT · by rickmichaels · 26 replies
    Toronto Sun ^ | June 9, 2014 | QMI Agency
    Levels of a small molecule found in humans and other primates are lower in the brains of depressed individuals, according to researchers at McGill University. In a study published in the journal Nature Medicine, Dr. Gustavo Turecki, a professor at Montreal's McGill University, and his team discovered that the levels of a tiny molecule may provide a marker for depression and help detect individuals who are likely to respond to antidepressant treatment. "Using samples from the Douglas Bell-Canada Brain Bank, we examined brain tissues from individuals who were depressed and compared them with brain tissues from psychiatrically healthy individuals,"says Turecki,...
  • A history lesson on economic recovery from a little-known 1949 book that Washington never learned

    06/06/2014 2:35:51 PM PDT · by fredericbastiat1 · 6 replies
    "One of the most appalling things about NRA was the sudden multiplication of new rules with which businesses must comply, rules not resting on settled law but on arbitrary decisions of administrative bodies, subject to change almost without notice.The business community was suddenly called upon to rush to Washington to participate in the making of codes, codes which represented bargains among different elements of the industries, bargains with labor, and bargains with an extraordinarily incapable set of Government officials and employees, many of whom were extremely radical, and few of whom knew anything about business"
  • 37.2%: Percentage Not in Labor Force Remains at 36-Year High

    06/06/2014 11:36:49 AM PDT · by F15Eagle · 18 replies
    CNSNews.Com via Drudge ^ | June 6, 2014 - 8:05 AM | By Ali Meyer
    (CNSNews.com) - The percentage of American civilians 16 or older who do not have a job and are not actively seeking one remained at a 36-year high in May, according to the Bureau of Labor Statistics. In December, April, and now May, the labor force participation rate has been 62.8 percent. That means that 37.2 percent were not participating in the labor force during those months. Before December, the last time the labor force participation rate sunk as low as 62.8 percent was February 1978, when it was also 62.8 percent. At that time, Jimmy Carter was president. In April,...
  • The Obama ‘Recovery’: As Bad as (or Worse than) the Great Depression?

    06/05/2014 9:06:03 AM PDT · by SeekAndFind · 9 replies
    Pajamas Media ^ | 06/05/2014 | Tom Blumer
    At West Point last week [1], President Barack Obama went to a variant of an economic theme he’ll probably reprise until the day he leaves the Oval Office once and for all (we hope) 31-plus months from now.Obama told the assembled graduating Army cadets and their families: When I first spoke at West Point in (December) 2009 … our nation was just beginning a long climb out of the worst economic crisis since the Great Depression. What if I told you that nearly five years into the nation’s “long climb” out of the recession, the relative size of the...
  • Steve Forbes: Link Dollar To Gold Or Face Great Depression II

    06/03/2014 9:25:18 AM PDT · by blam · 43 replies
    Washington Examiner ^ | 6-3-2014 | Paul Bedard
    Paul Bedard June 3, 2014 Influential financial publisher and former presidential candidate Steve Forbes is out with a new warning that the U.S. faces an economic catastrophe due to the Federal Reserve's loose dollar policy, and returning to a strict “gold standard” is the only way to avoid disaster. In Money: How the Destruction of the Dollar Threatens the Global Economy -- and What We Can Do About It, Forbes blames President Obama's money team for the stagnant economy, high prices, declining mobility and big government. "[The Fed's] vastly misguided monetary policies are now setting the stage for a new...
  • The Minimum Wage Makes Depressions Worse: Learning from the 1930s

    05/08/2014 6:48:10 AM PDT · by SeekAndFind · 12 replies
    National Review ^ | 05/07/2014 | Amity Shlaes
    When Maryland governor Martin O’Malley signed a minimum wage of $10.10 an hour into law this week, U.S. labor secretary Tom Perez argued that a higher wage would help growth in Maryland, saying “it’s good for the economy.” The governor’s press release supplied the context: Maryland needs help so badly because the state has “faced the worst national recession since the Great Depression.” Nor are Maryland politicians alone in working the Great Depression angle. Vice President Joe Biden likes to hold up for ridicule current critics of the minimum wage by pointing to the foolish negative reaction to the formal...
  • Keynesianism's Ugly Secret

    04/25/2014 8:27:03 AM PDT · by Nelson Hultberg · 15 replies
    Americans for a Free Republic ^ | April 17, 2014 | Nelson Hultberg
    It is now five years since the crash of 2008. Today's media and much of our academic crowd, of course, believe that the crisis has been handled, and that we can settle back to "business as usual." But such pundits are viewing only the trees, not the forest. They see correct Federal Reserve policy and legitimate fiscal policy on the part of the Federal Government. But this view comes from a false concept of economics and from a major failing of humans – their use of "euphemism" to flee from reality. For example, almost all of today's scholars and pundits...
  • Mental And Physical Toll Of Bullying Persists For Decades

    04/22/2014 8:56:25 AM PDT · by Tolerance Sucks Rocks · 39 replies
    Texas Public Radio ^ | April 19, 2014 | Linda Poon
    What doesn't kill us only makes us stronger, right? Well, not when it comes to bullying. Some may still consider bullying a harmless part of growing up, but mounting evidence suggests that the adverse effects of being bullied aren't something kids can just shake off. The psychological and physical tolls, like anxiety and depression, can follow a person into early adulthood. In fact, the damage doesn't stop there, a British study published this week in the American Journal of Psychiatry suggests. It actually lasts well into the adults' 40s and 50s. "Midlife ... is an important stage in life because...
  • 1st Trimester Antidepressant Use Tied to Autism Risk

    04/17/2014 6:11:13 AM PDT · by Scoutmaster · 37 replies
    PsychCentral ^ | April 17, 2014 | Rick Nauert
    A new Johns Hopkins study discovers an association between prenatal exposure to antidepressant medications, autism spectrum disorder (ASD), and developmental delays (DD) in boys. Researchers from the Bloomberg School of Public Health found that early prenatal exposure to selective serotonin reuptake inhibitors (SSRIs) — commonly prescribed for depression, anxiety, and other disorders — increased the risk for ASD three-fold. Common SSRIs include citalopram (Celexa), escitalopram (Lexapro), fluoxetine (Prozac), paroxetine (Paxil, Pexeva), and sertraline (Zoloft). The study of 1,000 mother-child pairs is published in the online edition of Pediatrics. In the study, investigators analyzed data from large samples of ASD and...
  • Fort Hood shooter was taking "prescription drugs for depression and anxiety". SSRIs?

    04/04/2014 9:29:47 AM PDT · by KeyLargo · 48 replies
    Above Top Secret.com ^ | Apr 3, 2014 | gladtobehere
    Fort Hood shooter was taking "prescription drugs for depression and anxiety". SSRIs? "Lopez was undergoing a variety of treatments for conditions including depression, anxiety and sleep disturbances, McHugh said. He was prescribed drugs that included Ambien, a sleep aid. Lopez was fully examined last month by a psychiatrist. There was no record of any sign he was likely to commit violence against himself or others, according to McHugh. "So the plan (going) forward was just to continue to monitor and treat him as deemed appropriate," he said." They say that he was "prescribed drugs" but only named one, Ambien, which...
  • Supplica to Saint Dymphna, Virgin and Martyr

    02/28/2014 4:44:52 PM PST · by mlizzy · 5 replies
    Vultus Christi ^ | 1-20-14 | Fr. Mark Kirby
    I received this morning a heart–rending request for prayers to Saint Dymphna on behalf of a woman who has been suffering from mental illness for many years. Although I cannot reveal the details of the request, I would ask my dear readers, of their charity, to say the following prayer to Saint Dymphna for this suffering handmaid of God.O glorious Saint Dymphna, virgin martyr and chaste bride of Christ, child of Ireland, bereft of thy mother, object of thy grief-stricken father’s unlawful desires, pure dove who, to preserve thy purity, didst fly to foreign shores, dauntless follower of the immolated...
  • Australian TV Star Commits Suicide After Depression Triggered by Her Abortion...

    02/23/2014 10:07:07 AM PST · by Kaslin · 81 replies
    Newsbusters.org ^ | February 23, 2014 | Jill Stanek
    <p>Abortion proponents push for easy access to abortion, deemphasizing its after-affects to the point they absolutely refuse to acknowledge post-abortion depression, which further incapacitates those actually living through it.</p> <p>This is such a tragedy. Charlotte Dawson, RIP, was born in New Zealand but achieved fame in Australia as a model and a judge on Australia’s Next Top Model.</p>
  • Why You've Never Heard of the GReat Depression of 1920-21

    02/23/2014 9:46:03 AM PST · by Attention Surplus Disorder · 31 replies
    The Mises Institute ^ | 4/4/2009 | Thomas Woods
    Very interesting presentation by Thomas Woods, discussing the GD of 1920-1921, the depression nobody ever talks about. Well worth watching, :41, only a couple of slow spots, otherwise entertaining. It is never talked about because the US economy rapidly came out of it with NO federal stimulus; indeed, the Fed lowered taxes and decreased spending during this period. Instead, Warren G. Harding was universally ridiculed for his clumsy speeches; examples of which are given and which sound entirely sensible. Virtually all historians castigate Harding because he was allegedly slow and stodgy, and during the latter half of his term, the...
  • Nikkei dips 610 pts to 14,008 at close

    02/04/2014 2:28:21 AM PST · by Red in Blue PA · 16 replies
    Nikkei 225 Stock Average declined 610.66 pts or 4.18%, closing at 14,008.47. Toyota edged down by over 5%. Panasonic, Sharp and Hitachi will soon announce quarterly results. Nippon Paint tumbled 21% over the issuance of new shares.
  • Obama's polls fall as middle class gets his number

    01/22/2014 7:18:48 AM PST · by afraidfortherepublic · 37 replies
    Washington Examiner ^ | 1-21-14 | Noemie Emery
    Are you dazed and confused by Barack Obama, the nominal Democrat, whose conduct as president since 2009 has seen him sink from nearly 70 percent to 40 percent or less in the national polling, from which he has seemed to learn nothing, but still marches on? Fear not, the doctor is in: Fred Siegel of the Manhattan Institute, whose latest book, The Revolt Against The Masses: How Liberalism Has Undermined the Middle Class, explains all you wanted to know about Obama, and much else. It explains why he never became the new Franklin D. Roosevelt, John F. Kennedy or Lyndon...
  • Wall Street advisor: Actual unemployment is 37.2%, 'misery index' worst in 40 years

    01/21/2014 11:46:47 AM PST · by F15Eagle · 249 replies
    http://washingtonexaminer.com via Drudge ^ | JANUARY 21, 2014 AT 1:08 PM | By PAUL BEDARD
    Don't believe the happy talk coming out of the White House, Federal Reserve and Treasury Department when it comes to the real unemployment rate and the true “Misery Index.” Because, according to an influential Wall Street advisor, the figures are a fraud. In a memo to clients provided to Secrets, David John Marotta calculates the actual unemployment rate of those not working at a sky-high 37.2 percent, not the 6.7 percent advertised by the Fed, and the Misery Index at over 14, not the 8 claimed by the government. Marotta, who recently advised those worried about an imploding economy to...
  • Group Gives Women Plants to Take Home After Their Abortions: “Bring One Life Home”

    01/21/2014 10:56:50 AM PST · by Morgana · 16 replies
    Life News ^ | Stacy Trasancos
    Sometimes words reveal more than they are meant to. When I read the testimonials from the charitable organization Plants for Patients (P4P) I sense a ghostly sadness. P4P hands out plants to abortion patients, succulents because they are “incredibly adaptable” and “come in a vast array of colors and shapes” like the women who experience abortion. The succulent plants are growing in tiny hand-made planters made specially by a ceramic artist. The organization is neither pro-life nor pro-choice, but pro-compassion, offering gifts to women after abortion to show “love and empathy” not “shame and hate.” Why plants? Because scientific research...
  • Where Is The Inflation Today?

    01/15/2014 2:45:20 PM PST · by grimalkin · 26 replies
    Mises Economic Blog ^ | 1/15/2014 | Hunter Lewis
    People often ask today: if the Fed has created so much new money, why hasn’t it produced more inflation? When the Fed creates masses of new money, it initially flows to Wall Street, which profits from it in a variety of imaginative ways, but from there its path is unpredictable. The Fed inserted into the TARP bill in 2008 the authority to pay interest on bank reserves. Of course this interest is paid by creating even more new money, but it provides an incentive for banks to leave reserves idle. On the other hand, the reserves are not as idle...
  • Economic Expert Hunter Lewis: We Are in a Depression!

    01/14/2014 10:15:13 AM PST · by xzins · 46 replies
    Breitbart ^ | 13 Jan 2014 | Robert Wilde
    On Sunday, Hunter Lewis, Founder and former CEO of Cambridge Associates, told Breitbart News Executive Chairman and host Stephen K. Bannon that, "We are in a depression." Lewis delivered his assessment of the U.S. Economy on Breitbart News Sunday on Sirius XM Patriot radio channel 125. He explained that part of the reason the economy is in such a shambles and the political system is in such a shambles is bad economic policies that have fed special interest groups, instead of supporting the middle class and the poor. And those same policies have given us crony capitalism. Hunter, ....has served...
  • New York Mayor-Elect De Blasio's Daughter Admits Battling Alcohol, Drug Addiction

    12/26/2013 9:05:18 AM PST · by SeekAndFind · 27 replies
    NBC ^ | Wednesday, Dec 25, 2013
    The 19-year-old daughter of Mayor-elect Bill de Blasio admitted in a YouTube video released on Christmas Eve that she sought treatment for alcohol and drug addiction after years of also battling depression. Chiara de Blasio said in the nearly five-minute video that she'd been suffering from clinical depression since her adolescence and used alcohol to cope with her sadness and anxiety. She said she hopes that by sharing her story, she will inspire others to get help. De Blasio said she thought her problems would be solved by leaving home and going to California for college, 3,000 miles away. But,...
  • New York City Has The Most Homeless Children Since The Great Depression

    12/11/2013 7:53:27 PM PST · by Nachum · 26 replies
    Zerp Hedge ^ | 12/11/13 | Tyler Durden
    At a time when Wall Street is absolutely swimming in wealth, New York City is experiencing an epidemic of homelessness. According to the New York Times, the last time there was this many homeless children in New York City was during the days of the Great Depression. And the number of homeless children in the United States overall recently set a new all-time record. Americans like to think of themselves as "the wealthiest nation on the planet", and yet the number of young kids that don't even have a roof over their heads at night just keeps skyrocketing. There truly...
  • Disabled woman denied entry to U.S. after agent cites supposedly private medical details

    12/02/2013 7:25:05 AM PST · by SeekAndFind · 33 replies
    The Star ^ | 11/28/2013 | By: Valerie Hauch
    Ellen Richardson went to Pearson airport on Monday full of joy about flying to New York City and from there going on a 10-day Caribbean cruise for which she’d paid about $6,000. But a U.S. Customs and Border Protection agent with the Department of Homeland Security killed that dream when he denied her entry. “I was turned away, I was told, because I had a hospitalization in the summer of 2012 for clinical depression,’’ said Richardson, who is a paraplegic and set up her cruise in collaboration with a March of Dimes group of about 12 others. The Weston woman...
  • ‘Saturday Night Live’ Mocks Obama Scandals by Offering ‘Second Term Strength’ Anti-Depressants

    11/17/2013 9:30:06 AM PST · by KeyLargo · 50 replies
    The Blaze ^ | 11/17/13 | Oliver Darcy
    Media ‘Saturday Night Live’ Mocks Obama Scandals by Offering ‘Second Term Strength’ Anti-Depressants Nov. 17, 2013 8:05am Oliver Darcy Related: Barack Obama, Beyonce, DOJ Snooping, IRS Intimidation, Libya: The Truth?, Obamacare, Saturday Night Live, Video Late night comedy show “Saturday Night Live” featured a parody commercial on last night’s episode aimed at highlighting the several scandals plaguing President Barack Obama’s second term in office. The skit was a parody advertisement for an anti-depressant dubbed “Paxil: Second Term Strength” which the ad said was “the only anti-depressant strong enough for an embattled second term.”
  • Study: Pasta Linked to Depression in Women

    11/07/2013 12:09:24 PM PST · by nickcarraway · 55 replies
    Orlando Sentinel ^ | November 4, 2013 | Adrienne Cutaway
    Officials at Harvard conducted a 12-year study on 43,000 women and found higher rates of depression in those consumed more pasta and other refined grains, according to Newser. The study found that women who cosumed more soda, red meat and refined grains like pasta, white bread and chips were 29 to 41 percent more likely to be diagnosed with depression when compared to women who consumed more wine, coffee and vegetables.
  • Barack Obama’s Era of Hopelessness

    10/19/2013 7:11:36 AM PDT · by Lakeshark · 39 replies
    Powerline ^ | 10/19/13 | John Hinderaker
    Of all the bitter fruit of the Barack Obama disaster, the most bitter may be the sense of hopelessness that has descended on Americans, especially the young. Has there ever been anything like it in our history? Even on the eve of the Civil War, was there this much pessimism about our future? Gallup wasn’t around in those days, but I wonder. For a simple measure of how the Obama administration has crushed any sense of hopefulness in the American people, take a look at the survey that Rasmussen Reports does periodically on whether America’s best days are behind her,...
  • China Is Ticked!

    10/08/2013 7:03:41 PM PDT · by Zakeet · 20 replies
    Miles Franklin ^ | October 8, 2013 | Bill Holter
    China as finally come out in very strong terms and told the U.S. to get its financial house in order. This is now in public. Their warning was straightforward as compared to previous warnings that were generally of the “read between the lines type.” They hold $1.3 trillion worth of treasuries and well over $3 trillion in dollar denominated assets. No matter what anyone says, China now has the ability to “pull our strings” in Washington. Without going any further I should add that I believe that they certainly will pull our strings AND pull the plug on this whole...
  • Teacher who admitted to sex with 12-year-old student sentenced to SIX years in prison

    09/30/2013 7:17:27 AM PDT · by ConservativeStatement · 31 replies
    UK Daily Mail ^ | September 30, 2013 | Rachel Quigley and James Nye
    The 32-year-old Californian elementary school teacher and mother-of-two who admitted performing sex acts on a 12-year-old student was sentenced on Friday to six-years in prison with no option for parole. Malia Brooks, from Southern California, pleaded guilty in June to three counts of committing lewd acts with a child under 14 and faced up to 12-years in prison, but Judge Kevin McGee imposed a sentence half that because of the fact she was experiencing manic episodes at the time.
  • Economic Malpractice. The stagnation president.

    09/21/2013 4:42:42 AM PDT · by Innovative · 37 replies
    The Weekly Standard ^ | Sept 30, 2013 | Fred Barnes
    It's amazing how little President Obama has learned about economics in his four and a half years in the White House. Growth, incentives, tax reform, tax increases, private investment, the middle class, a second great depression, the sequester—all these issues have one thing in common: Obama doesn’t understand their role in our economy. The jobless rate is 7.3 percent. But if the millions who’ve dropped out of the job market altogether since Obama took office in January 2009 were counted, the unemployment rate would be 10.8 percent. “In other words, the United States faces a permanently larger pool of jobless...
  • They Denied That We Were In A Depression In 1933 And They Are Doing It Again In 2013

    09/14/2013 8:03:39 PM PDT · by Joe Jitsu · 25 replies
    TEC ^ | 09/13/2013 | Michael Snyder
    The more things change, the more things stay the same. The Great Depression actually started in 1929, but as you will see below, as late as 1933 the Associated Press was still pumping out lots of news stories with optimistic economic headlines and many Americans still did not believe that we were actually in a depression. And of course we are experiencing a very similar thing today. The United States is in the worst financial shape that it has ever been in, our economic infrastructure is being systematically gutted, and poverty is absolutely exploding. Since the stock market crash...
  • Consumer Confidence Collapses - Biggest Miss On Record

    09/13/2013 8:21:26 AM PDT · by Zakeet · 12 replies
    Zero Hedge ^ | September 13, 2013
    This is the first consecutive monthly drop in 14 months and the largest miss vs expectations on record. Printing at 76.8 (against an expectation of 82.0), this is the lowest in 5 months and points to the picture we have been painting of a consumer increasingly affected by rising rates and soaring gas prices amid stagnant incomes. As Citi notes below, this is the exact same pattern we have seen play out in the last 2 cycles and suggest significant downside risk to US equities. The economic outlook sub-index collapsed to its lowest since January. Biggest miss on the headline...
  • Military Style Raid to check the water…what did you think the Federal Gov was going to use that

    09/07/2013 7:56:57 PM PDT · by marktwain · 26 replies
    bullettsfirst.net ^ | 6 September, 2013 | bulletsfirst
    Chicken Alaska…no, it’s not some savory culinary dish a la chicken alexander but rather a small gold mining town with a population of 17.The members of this town were treated to a rather rude awakening when their little slice of the last frontier was descended upon by a cavalcade of Federal and State agencies.  Or more accurately, the Federal Agencies descended while bringing on some token State agencies in order to make it look less like an invasion and subjugation of state sovereignty.This raid, in which the agencies involved (10) nearly outnumbered the residents of the town (17) is somehow...
  • How falling asleep in front of the TV can make you depressed…

    09/03/2013 9:21:06 AM PDT · by Olog-hai · 12 replies
    Daily Mail (UK) ^ | 18:07 EST, 2 September 2013 | Diana Pilkington
    More of us than ever are feeling blue. Prescriptions for antidepressants have topped 50 million a year for the first time, according to recent figures by the Health & Social Care Information Center. But in addition to the well-known triggers for depression—such as stress, money and relationship worries—there are some more surprising reasons you might be feeling low… If you’ve cut down on burgers for health reasons, a lack of iron could be making you gloomy. This key nutrient is essential for the formation of hemoglobin, which is present is red blood cells and transports oxygen around the body. …...
  • Could A Daily Dose Of Red Wine Reduce One's Risk Of Depression?

    08/31/2013 8:44:28 PM PDT · by Innovative · 40 replies
    FORBES ^ | Aug 31, 2013 | Alice G. Walton
    An enticing new study from BMC Medicine reports that people over 55 who drink a little alcohol, averaging about a glass – generally of wine – per day, are less likely to be clinically depressed than those who drink more and those who don’t drink at all. It turned out that low-to-moderate alcohol consumption was linked to reduced risk of depression: People who drank between two and seven glasses of wine per week seemed to derive the greatest benefit, having a third the risk of being depressed as people who did not drink.
  • Cashin: Excess bank reserves are a worrying 1930s parallel

    08/26/2013 8:18:41 PM PDT · by upbeat5 · 21 replies
    CNBC.com ^ | August 26, 2013 | Paul Toscano
    Inflation has been notably absent from the economy this summer, despite bullish moves in gold and a continued debate over the tapering of asset purchases by the Federal Reserve. According to Art Cashin, director of floor operations at UBS Financial Services, the central bank's effect on the financial system has worrying parallels to the period leading up to the Great Depression. "The weak data that we've gotten, particularly the housing on Friday, hints that tapering may be held back or may not be a factor, " Cashin told "Squawk on the Street" on Monday. "Many of the proponents of gold...
  • Greek Economy Shrinks 20 Quarters In A Row So Far

    08/18/2013 12:11:50 PM PDT · by ClaytonP · 13 replies
    ParaPundit ^ | 8-17-2013 | Randall Parker
    A ParaPundit post from a few months ago: Greek Economy Shrinks 19 Quarters In A Row So Far. The Greeks have now reached an even worse milestone: 20 quarters (5 years) going down and still counting. The 24% contraction since 2008 is similar to the US Great Depression contraction of 27%. So the Greeks will probably surpass the worst US economic contraction some time in 2014 or 2015. You might think that central bankers and economists know how to avoid economic contractions that severe. But Greece gave up having its own central bank when it joined the Euro zone. The...
  • It appears George Soros and has made a huge Bearish Bet (obama's buddy betting AGAINST the economy!)

    08/16/2013 5:26:39 AM PDT · by Red in Blue PA · 17 replies
    Billionaire George Soros' family office hedge fund, Soros Fund Management, filed its 13F quarterly report with the Securities and Exchange Commission yesterday. As Marketwatch reporter Barbara Kollmeyer points out, one interesting highlight from Soros' filing is that he bought a bunch of puts on the SPDR S&P 500 ETF in Q2. It's his biggest holding in the filing.
  • The Great Obama Depression

    08/05/2013 9:11:42 AM PDT · by xzins · 23 replies
    Washington Times ^ | 3 Aug 134 | Judson Phillips
    A White House spokesman called July’s 7.4 percent unemployment rate proof that “the U.S. economy is continuing to recover from the worst downturn since the Great Depression.” He said it with a straight face. The data tell another story: America remains mired in the Great Obama Depression. The unemployment rate that the administration trumpets is a liar’s number. The formula for the unemployment figure that is released every month is rigged to look favorable to the administration in power. The true numbers from the Bureau of Labor Statistics show a far different picture. They show an America that is in...
  • Harding Dies — Coolidge Takes Charge (How we avoided a great depression in the 1920s and prospered)

    08/02/2013 8:42:54 AM PDT · by SeekAndFind · 13 replies
    Townhall ^ | 08/02/2013 | David Stokes
    Ninety years ago today, on August 2, 1923, President Warren G. Harding died at the Palace Hotel in San Francisco, California. It was sudden, shocking, and has been fodder for conspiracy theorists ever since. His wife, Florence—described derisively by some as “The Duchess”—didn’t allow an autopsy, so we’ll never know exactly what caused the demise of the 29th President of the United States. It might have been congestive heart failure, or food poisoning, or even something more sinister. Seen in retrospect, through the prism of the scandals associated with his White House tenure, Harding is usually ranked well toward the...
  • Branded Curcumin Matches Effects of Prozac on Depression

    07/28/2013 11:19:21 AM PDT · by neverdem · 49 replies
    WholeFoods Magazine ^ | 7/24/13 | NA
    Chester, NJ—A recent clinical trial published in Phytotherapy Research indicated that a high-absorption curcumin (BCM-95 from Dolcas Biotech, based here) had similar effects as a generic form of Prozac (fluoxetine) on depression, sans the adverse effects. “It is a novel and surprising application for this natural medicine,” said Ajay Goel, Ph.D., Baylor Research Institute and Charles A Sammons Cancer Center, Baylor University Medical Center and study co-author. “People with depression have higher levels of inflammation in the brain. Also, people with depression have lower levels of neurogenesis in the brain, meaning they make fewer new brain cells than people with no...
  • How demons create depression, fear, disease...the remedy!

    07/13/2013 11:25:02 PM PDT · by fabian · 81 replies
    YouTube ^ | fabian
    Yes, as the title says, the devil does actually make us do and feel things that are against our best interests and others. We do have a responsibility to see it and not be in a sort of mindless collusion with its evil motives, and this very brief video will direct you to the path of how to do that. The same path that is being used by the U.S. military now for post traumatic stress, because it works wonders to cure it! Fact.
  • The Worst Five Years Since the Great Depression

    07/09/2013 3:17:02 PM PDT · by Nachum · 23 replies
    forbes ^ | 7/7/13 | Peter Ferrara
    In February, 2009, I wrote for the Wall Street Journal an article entitled Reaganomics versus Obamanomics. The article explained that the emerging Obamanomics was pursuing exactly the opposite of every policy of the enormously successful Reaganomics, and predicted that it would produce exactly the opposite results. Well, the results are in, and under President Obama the American people have now suffered the worst 5 years since the Great Depression, as first explained by Steve McCann of the American Thinker on January 25. McCann writes, “From 2009 through 2012, the Obama cabal, and their allegiance to statist policies, has been in...
  • 54 Months: Record Stretch of 7.5%+ Unemployment Continues

    07/06/2013 11:43:49 AM PDT · by Olog-hai · 10 replies
    Cybercast News Service ^ | July 5, 2013 - 12:16 PM | Terence P. Jeffrey
    Since January 2009, when Barack Obama was inaugurated as president, the United States has seen 54 straight months with the unemployment rate at 7.5 percent or higher, which is the longest stretch of unemployment at or above that rate since 1948, when the Bureau of Labor Statistics started calculating the national unemployment rate. Today, BLS reported that the seasonally adjusted national unemployment rate for June was 7.6 percent, the same it was in May. In December 2008, the month after Obama was first elected and the month before he was inaugurated, unemployment was 7.3 percent. In January 2009, it climbed...