Submitted by Lorelei McFly via CopBlock.org,
One of the biggest lies our government tells us is that it wages the War on Drugs to keep us safe. More than 40 years after it was started, we know that it has been a colossally-expensive epic failure on its stated goals, was intentionally designed to further disenfranchise marginalized groups, and has become a full-fledged assault on our civil liberties.
Submitted by Alasdair Macleod via GoldMoney.com,
Saudi Arabia has been in the news recently for several interconnected reasons. Underlying it all is a spendthrift country that is rapidly becoming insolvent.
As we covered previously, in an effort to remain solvent the Central States Pension Fund has submitted an application to the Treasury for approval to cut member benefits. While some plan participants could see pension incomes cut in half, the fund projects that it will become insolvent by 2025 if nothing is done.
Treasury is set to decide on the matter by May 7th, and as it turns out, the decision impacts more than just current plan participants...
Submitted by David Stockman via Contra Corner blog,
The Fed has been sitting on the funds rate like some monetary mother hen since December 2008. Once it punts again at the June meeting owing to Brexit worries it will have effectively pegged money market rates at the zero bound for 90 straight months.
For the past year, Republicans had been pushing both the US Department of Justice and the FBI to move faster in their ongoing Hillary Clinton email probe, although as has been revealed recently, said probe is mostly being throttled by the DOJ allegedly for political reasons while the FBI, having scented blood, is eager to unveil its evidence against the frontrunning Democratic presidential candidate.