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Goooooood Morning Fiatnam!

Wednesday, November 26, 2014

Steve Quayle and Precious Metals Guru David Morgan - Hagmann & Hagmann R...

Not just gold and silver… Big banks now being sued for manipulating platinum and palladium, too

http://thecrux.com/not-just-gold-and-silver-big-banks-now-being-sued-for-manipulating-platinum-and-palladium-too/

Goldman Sachs Group Inc. (GS) and HSBC Holdings Plc (HSBA) were sued in New York over claims they conspired for eight years to manipulate prices for the precious metals platinum and palladium in what plaintiffs’ lawyers say is the first class-action lawsuit of its kind in the U.S.
Standard Bank Group Ltd. and a metals unit of BASF SE (BAS), the world’s largest chemical company, were also sued. The four companies used inside information about client purchases and sale orders to profit from price movements for the metals used in products ranging from jewelry to cars, according to a complaint filed yesterday in Manhattan federal court.

2,500 new documents ID'd in White House-IRS taxpayer harassment cases

http://www.washingtonexaminer.com/treasury-2500-documents-potentially-show-irs-sharing-taxpayer-data-with-white-house/article/2556640


In a shocking revelation, the Treasury Inspector General has identified some 2,500 documents that “potentially” show taxpayer information held by the Internal Revenue Service being shared with President Obama’s White House.
The discovery was revealed to the group Cause of Action, which has sued for access to any of the documents. It charges that the IRS and White House have harassed taxpayers.

60% of all US households get more in transfer payments from the government than they pay in taxes”


Now add in the 20+% work for the government and pay a tax rate of what, 25% to 35%... meaning the rest of their pay comes from us, that leaves the "us" being the residual 20% who work for a living to support the rest of the f**king leaches.

IT’S ALL GOOD, RIGHT?

http://www.theburningplatform.com/2014/11/26/its-all-good-right/

It really isn’t hard to connect the dots and see the real economy in the real world, outside Wall Street, is a disaster and getting worse by the hour. Below are a bunch of dots that have been issued in the last 24 hours. Here are the facts.
Real disposable income has risen at a 1.8% annual rate over the last four months. Meanwhile, real consumer spending has increased at a 2.4% annual rate over the last four months. I thought all those jobs Obama talks about should result in wages. Why is disposable personal income so pitiful if the unemployment rate is really 5.9%? And of course, these figures are based upon a fake inflation rate of less than 2%. We all know it is 5% or higher.

Laughing stock: Chart of the day

 Via Zerohedge




Angela Merkel uses strongest language yet about Putin

Angela Merkel uses strongest language yet about Putin

German chancellor Angela Merkel signalled she’s ready for a long confrontation with president Vladimir Putin over Ukraine as her foreign minister said the two countries’ ties will be “remapped”.
As government forces and pro-Russian separatists battle it out, Germany’s goal is keeping Ukraine sovereign and whole, and Russia’s actions threaten “the peaceful international order and breach international law”, Merkel said in a speech to parliament in Berlin.
“We need patience and staying power to overcome the crisis,” she said to applause from lower-house lawmakers.
Economic sanctions on Russia “remain unavoidable” as a ceasefire in eastern Ukraine fails to hold, she said.



Another nail in the petro-dollar’s coffin… Turkey and Russia agree to boost payments in national currencies.

http://sputniknews.com/business/20141126/1015188788.html

P.S. Indian Ambassador to Russia: India, Russia to Benefit From Trading in National Currencies

http://sputniknews.com/business/20140923/193202038.html 

Costs of War: $4.4 trillion, 350,000 lives

Costs of War: $4.4 trillion, 350,000 lives | News from Brown
Updated figures for the direct costs of war in Iraq, Afghanistan, and Pakistan now stand at more than 350,000 lives lost and $4.4 trillion spent. Indirectly, another 250,000 lives have been lost to war-related causes like loss of civilian access to food and health care, and another $8 trillion in interest on war debt may come due during the next 40 years.

The Obamacare penalty for being uninsured is set for a steep rise

http://money.cnn.com/2014/11/21/news/economy/obamacare-penalty/index.html

Obamacare requires that most everyone have health insurance or pay a penalty - and the levy is set for a steep increase in 2015.

The 2014 penalty is just $95 or 1% of income, whichever is larger. In 2015, those without insurance will pay the larger of $325 or 2% of income. That means you could end up shelling out hundreds, or even thousands, of dollars for forgoing coverage. 

Lets stop calling it Healthcare, its farther from the truth. This is a Health loan and a Tax, and has ZERO! to do with Healthcare or Health insurance.