Free Republic

(snip) Speaker of the House John Boehner (R – OH) stated at the weekly GOP leaders press conference that Americans needed “accountability from their government.” However, some Democrats are doubling down on the issue. Senate Majority Leader Harry Reid (D – NV) told reporters on Tuesday that some conservative organizations, like Karl Rove’s Crossroads GPS, deserve to be scrutinized. (snip) Congressman Alan Grayson (D – FL) told Breitbart News he thinks the “Koch brothers have abused the system by setting up 501c3’s that are doing political activity,” arguing, “It doesn’t make any sense to look for something on the other...

(CNSNews.com) - The Open Society Institute, a private foundation controlled by liberal billionaire and political activist George Soros, received more than $30 million from U.S. government agencies between 1998 and 2003. Last year, Soros donated at least $20 million of his own money to such liberal groups as Moveon.org, in a failed attempt to block the re-election of President George W. Bush. Tax records the Open Society Institute (OSI) is required to file with the Internal Revenue Service list "FEDERAL GOVERNMENT AGENCIES" as "Contributors" of amounts between $4.6 million and $8.9 million over a six year period: * 1998 -...

The career assassination of Cornel West: A messy intellectual divorce reveals layers of broken heart — and to what end? Independent of one’s stance on the rift between Michael Eric Dyson and Cornel West — a rift years in the making and now clearly delineated in the form of Dyson’s essay on West in the New Republic, “The Ghost of Cornel West” — this has all the hallmarks of a messy divorce between two public, black intellectuals who were, perhaps, better served keeping things offline. Maybe try to squash their beef in the privacy of an on-campus office or in...

In case you haven't noticed, the world is on the verge of a horrific global food crisis. At some point, this crisis will affect you and your family. It may not be today, and it may not be tomorrow, but it is going to happen. Crazy weather and horrifying natural disasters have played havoc with agricultural production in many areas of the globe over the past couple of years. Meanwhile, the price of oil has begun to skyrocket. The entire global economy is predicated on the ability to use massive amounts of inexpensive oil to cheaply produce food and...

What is the best place to live in the United States? I get asked that question all the time. My answer can be summed up in two words: it depends. The truth is that the answer is going to be different for each person. All of us have different goals and different needs. If you have a very strong network of family and friends where you live right now, you might want to think twice before moving hundreds or thousands of miles away. If you have a great job where you live right now, you might want to hold...

If you listen to Ben Bernanke, Barack Obama and the mainstream media long enough, and if you didn't know any better, you might be tempted to think that the economic crisis is long gone and that we are in the midst of a burgeoning economic recovery. Unfortunately, the truth is that the economic crisis is far from over. In 2010, more homes were repossessed than ever before, more Americans were on food stamps than ever before and a smaller percentage of American men had jobs than ever before. The reality is that the United States is an economic basket case...

Are you familiar with Robert Kiyosaki? He is best known for the "Rich Dad, Poor Dad" series of books. Over 26 million books authored by Kiyosaki have been sold and he is recognized as a financial expert by millions of people across the globe. Well, guess what? Even Robert Kiyosaki is warning that an economic collapse is coming. In fact, Kiyosaki and his team of financial experts are encouraging Americans to stock up on food, guns and precious metals. This is yet another sign of just how close we are to the total collapse of the U.S. Economy. Kiyosaki,...

Can you smell it? There is blood in the water. Global financial markets are in turmoil. Banking stocks are getting slaughtered right now. European bond yields are absolutely soaring. Major corporations are announcing huge layoffs. The entire global financial system appears to be racing toward another major crisis. So could we potentially see a repeat of 2008? Sadly, when the next big financial crisis happens it might be worse than 2008. Back in the middle of 2008, the U.S. national debt was less than 10 trillion dollars. Today it is over 14 trillion dollars. Back in 2008, none of the...

Do you want to know when the "economic collapse" is going to happen? Just open up your eyes and take a look. The "economic collapse" is already happening all around us. So many people talk about the coming economic collapse as if it is some massively hyped event that they will be able to point to on the calendar, and a lot of writers spend a lot of time speculating about exactly when it will happen. But as I have written about before, the economic collapse is not a single event. The economic collapse has been happening, it is happening...

Unabridged Title:Startling Evidence That Central Banks And Wall Street Insiders Are Rapidly Preparing For Something BIGIf you want to figure out what is going to happen next in the financial markets, carefully watch what the insiders are doing. Those that are "connected" have access to far better sources of information than the rest of us have, and if they hear that something big is coming up they will often make very significant moves with their money in anticipation of what is about to happen. Right now, Wall Street insiders and central banks all around the globe are making some very...

It’s no secret that a lot of people do not prepare for the worst. Whether it’s an economic collapse, a natural disaster, man-made disaster or any other kind of an emergency, it seems most households are not properly equipped to handle a crisis. This was apparent with recent events like Hurricane Sandy and the severe weather disasters in the Midwest and south in the middle of last year.

A lot of things that have not happened since the last recession are starting to happen again. As you read the list below, you will notice that the year "2009" comes up again and again. There is a reason for that. Many of the same patterns that we witnessed during the last major economic downturn are starting to repeat themselves. In fact, many of the things that are happening right now have not happened in quite a few years. For example, manufacturing activity in the U.S. has contracted for the first time in four years. The inventory to sales ratio...

Does the economy move in predictable waves, cycles or patterns? There are many economists that believe that it does, and if their projections are correct, the rest of this decade is going to be pure hell for the United States. Many mainstream economists want nothing to do with economic cycle theorists, but it should be noted that economic cycle theories have enabled some analysts to correctly predict the timing of recessions, stock market peaks and stock market crashes over the past couple of decades. Of course none of the theories discussed below is perfect, but it is very interesting to...

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...

On Wednesday we witnessed the third largest single day point gain for the Dow Jones Industrial Average ever. That sounds like great news until you realize that the two largest were in October 2008 – right in the middle of the last financial crisis. This is a perfect example of what I wrote about yesterday. Every time the market crashes, there are huge up days, huge down days and giant waves of market momentum. Even though the Dow was up 619 points on Wednesday, overall we are still down more than 2,000 points from the peak of the market....

Does a shadowy group of obscenely wealthy elitists control the world? Do men and women with enormous amounts of money really run the world from behind the scenes? The answer might surprise you. Most of us tend to think of money as a convenient way to conduct transactions, but the truth is that it also represents power and control. And today we live in a neo-fuedalist system in which the super rich pull all the strings. When I am talking about the ultra-wealthy, I am not just talking about people that have a few million dollars. As you will see...

Hundreds of stores across the nation are closing as some of America’s most famous retailers struggle to stay in business. The country is facing what CNBC has labeled a tsunami of store closings and blogger Michael Snyder has called a retail apocalypse. JC Penney, which lost $586 million in three months in 2013, is planning to close 33 stores in 19 states and lay off 2,000 people. JC Penney’s stock has lost 84 percent of its value since February 2012. Sears has decided to shut down its flagship store in Downtown Chicago, and it has closed 300 stores in the...

By Michael Snyder July 2nd, 2014 July 4th, the United States will celebrate Independence Day once again. But who in the world are we trying to kid? Our founders intended to create a society where freedom and liberty would be maximized, but that is not what America looks like today. Instead, we live in a country that literally has millions of laws, rules and regulations. We have a government that is obsessed with spying on the entire planet and that tries to watch, monitor, track and record as much information about all of us as it possibly can. A “Big...

Do you want to know if the stock market is going to crash next year? Just keep an eye on junk bonds. Prior to the horrific collapse of stocks in 2008, high yield debt collapsed first. And as you will see below, high yield debt is starting to crash again. The primary reason for this is the price of oil. The energy sector accounts for approximately 15 to 20 percent of the entire junk bond market, and those energy bonds are taking a tremendous beating right now. This panic in energy bonds is infecting the broader high yield debt market,...

Saudi Arabia and Egypt stand poised to conduct a massive ground invasion of Yemen, and the western media will be full of tales about how “Operation Decisive Storm” is liberating that country from the evil Iranian-backed Houthi rebels. And without a doubt, the Houthis are bad guys and so are their Iranian benefactors. But don’t be fooled into thinking that the war in Yemen is a battle of good vs. evil. The truth is that the conflict in Yemen is actually a proxy war between two sets of bad guys that both ultimately plan for Islam to take over the...