Wall Street plunged Tuesday after investors feared weak data from China, the world’s second-largest economy, would lead to a global recession. China’s manufacturing sector suffered its quickest deterioration in over six years, leading to a three-year market low and other sectors of the Chinese economy also slowed down significantly. In response, all three major U.S. stock indices, the Dow Jones,... 

As much as the financiers on Wall Street and the officials at the Fed would like the party to keep going, it looks it’s finally about to stop. Years of bailouts and monetary expansion have created one of the most inflated and artificial economic booms in history, and now it appears that this global economic bubble is deflating. Markets across the board are melting down as we speak, and the financial... 

More evidence Congress is a subsidiary of Wall Street and the banks. On Friday Michael Krieger, the editor of Liberty Blitzkrieg, wrote about a behind the scenes effort by banksters to include a provision in government funding legislation that would make the Federal Deposit Corporation responsible for financial derivatives losses. Last October, Krieger wrote about a similar push to put American taxpayers... 

My exposure to resource stocks is as low as it has been in recent history and still, I’m nervous. Things are happening that shouldn’t be. The last time I said that was last July when I turned bearish and defensive on gold. And here in October I’m sensing the same thing. Let me repeat my thesis: that the world economy is moving toward deflation and recession and the realization of... 

US Senate Banking Committee members are calling for hearings and full investigation into alleged ties between Federal Reserve supervisors and officials at Goldman Sachs, a bank the Fed was supposed to be policing. Congress must hold “oversight hearings on the disturbing issues” raised by the secretly recorded conversations between the Fed and Goldman officials, Senator Elizabeth Warren (Mass,... 

During a fundraiser in Seattle this week, President Barack Obama called for a “new order” based around a collectivized system in order to quell people’s concerns about geopolitical strife and the economy. “People are anxious. Now, some of that has to do with some big challenges overseas,” said Obama, adding, “But whether people see what’s happening in Ukraine, and Russia’s aggression... 

The third and final estimate (until the annual GDP revisions) of first quarter 2014 real GDP growth released June 25 by the US Bureau of Economic Analysis was a 2.9% contraction in GDP growth, a 5.5 percentage point difference from the January forecast of 2.6% growth. Apparently, the first quarter contraction was dismissed by those speculating in equities as weather related, as stock averages rose... 

The deregulation of the financial system during the Clinton and George W. Bush regimes had the predictable result: financial concentration and reckless behavior. A handful of banks grew so large that financial authorities declared them “too big to fail.” Removed from market discipline, the banks became wards of the government requiring massive creation of new money by the Federal Reserve in order... 

It would be naive to believe that the destruction of the Cyprus offshore zone was a “terrible mistake” of European politics made in a noble struggle with offshore companies in general or those where Russian oligarchs are laundering their money. The analysis shows that this is a part of the plan for building a new world order required for the forthcoming collapse of the U.S. debt pyramid.... 

The New York Stock Exchange (NYSE) is preparing contingency plans wherein computers will replace outcry auctioning in case another disaster, such as terrorism or severe weather, forces the closure of trading in downtown Manhattan. NYSE Euronext is preparing to submit details of the plan, which would permit computers to take securities to market just as human traders have done on Wall Street for the... 

A massive trove of gold kept under lock and key five stories below Manhattan at the New York Federal Reserve has been undergoing its first audit in history. It could put conspiracy theories – for example, that the gold is a sham – to sleep for good. According to the official record, the US government keeps billions of dollars in gold stored beneath the New York Fed’s Italian Renaissance... 

Like Obama, Mitt Romney is a wind-up doll for Wall Street and the bankers. There is virtually no difference between them despite all the fetid air from the GOP propaganda machine. This is revealed by a quick look at Romney’s top contributors. An Open Secrets page on top Romney contributors reads like a Who’s Who of Wall Street and the financial cartel. The top contributor is Goldman Sachs, followed... 

Police officers arrest protesters affiliated with the Occupy Wall Street movement at the intersection of Exchange Place and Beaver Street in the Financial District on November 17, 2011 in New York City. The US police have arrested over 5,800 anti-Wall Street protesters since the beginning of the anti-capitalism movement in September last year. According to the website occupy-arrests.com, at least 5,748... 

Protests against Wall Street spread beyond America on Monday as demonstrators marched on Federal Reserve banks and camped out in parks from Los Angeles to Portland, Maine and planned protests around the world in a show of anger over the wobbly economy and what they see as corporate greed. In Manhattan, hundreds of protesters dressed as corporate zombies in white face paint lurched past the New York... 

Zuccotti Park is a block away from the New York Stock Exchange a usually quiet location, however for the past week it has transformed into the headquarters of “Occupy Wall Street”, the site of demonstrations calling on the US government to break its close ties with big banks and corporations. The Protests have turned into what can be best described as anti-capitalist demonstrations attracting...