By Joe Weisenthal and Kamelia Angelova
Hopefully deficits don’t matter, because if they do, then boy are we screwed. Today’s chart was put together by Diapason Securities analyst Sean Corrigan (via Alphaville), and it shows the stunning rise of outlays and similar collapse in receipts. The blue line is the real killer, though, as it shows just how meager our tax revenue is compared to outlays.
View Full Size CHART OF THE DAY: Fiscal Meltdown!
Release Date: April 21, 2010
For immediate release
The Federal Reserve System on Wednesday released the 2009 annual comparative financial statements for the combined Federal Reserve Banks, the 12 in…
by Tom Burghardt
In the wake of the Flight 253 provocation, over-hyped terrorism panics, and last year’s Big Pharma and media-engineered hysteria over the H1N1 flu pandemic, President Barack Obama …
***CAF Note: This is a classic. Worth checking out!***
By J. Russell Smith
I stood on the Great Wall of China near the borders of Mongolia. Below me in the valley, standing up square and high, was a…
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The Solari Report 2017-12-14
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Read the notes from this week’s Money & Markets here (PDF)
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“It is simply no longer possible to believe much of the clinical research that is published, or to rely on the judgment of trusted physicians or authoritative medical guidelines. I take no pleasure …
Aristotle’s Politics Book V and VI
By Michael Hudson
Book V of Aristotle’s Politics describes the eternal transition of oligarchies making themselves into hereditary aristocracies – which end…