Alternative News

Instead Of Bonds, Buy This…

"Naturally, after this year’s 9% pullback in bonds, we’re going to see some air flow out of the bond bubble. That is, folks that were looking for safety in bonds were burned and are now looking for safety in other places – cash, equities, you name it. Remember back in 2008 we saw the same thing — the safety trade had everyone running to bonds. CEOs for Wells Fargo and Goldman Sachs have both recently gone on record saying interest rates should, or need to, eventually rise. The market needs to 'normalize' they say. That said, plan on seeing a lot more money heading in to cash, equities or other investment classes." Continue reading →

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Save Thousands With 3-D Printing Technology

"The typical family can already save a great deal of money by making things with a 3-D printer, instead of buying them off the shelf. In the study, Pearce and his team chose 20 common household items listed on Thingiverse. Then they used Google Shopping to determine the maximum and minimum cost of buying those 20 items online, shipping charges not included. Next, they calculated the cost of making them with 3-D printers. The conclusion: It would cost the typical consumer from $312-1,944 to buy those 20 things, compared with $18 to make them in a weekend." Continue reading →

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In U.S., Fewer Young Adults Holding Full-Time Jobs in 2013

"The barriers for the young getting a job in the U.S. remain high. Given ever growing regulations on employers, coupled with the uncertainty of Obamacare, it just makes it to risky for most employers to be aggressively hiring. Fewer Americans aged 18 to 29 worked full time for an employer in June 2013 (43.6%) than did so in June 2012 (47.0%), according to Gallup's Payroll to Population employment rate. The P2P rate for young adults is also down from 45.8% in June 2011 and 46.3% in June 2010." Continue reading →

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California: Treatment and fraud

"CNN has a pretty powerful investigative series on California’s dysfunctional treatment system. Over $185 million per year of state and federal money goes into California’s drug rehab counseling program, much of it lining the pockets of unscrupulous clinics who pay people $5 to sign in (or simply invent clients). While each state has a different system, the fraud and abuse in treatment is a national problem as the treatment industry has become a hugely lucrative business, with lots of taxpayer money to tap and tons of 'addicts' who are required to go through treatment because of their involvement in the criminal justice system." Continue reading →

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Chile to Join US Visa Waiver Program

"As Chileans become increasingly wealthy and have more disposable income, they are starting to travel more, and as more of them go on vacation or shopping sprees in the US. American's will eventually start to learn about this relatively small country of 17 million people. There will also inevitably be more information sharing between the US and Chilean governments. I know some people down here who aren't thrilled about this and are worried about politicians throughout the world being 'in cahoots' more and more every day. I agree; however, it's a situation that's not unique to Chile." Continue reading →

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NSA Sings This Land Was Made For You And Me

"The Atlantic Wire reports on the head-scratching and ultimately face-palming presentation made by the NSA to a Senate Judiciary Meeting a couple of days ago. Besides being informed that North America is now just one, big, happy and trendy turquoise family, we learn of '9 threats involving U.S. Persons or Facilities Overseas' (lower left corner of the picture). Does 'involving' mean that we so-called U.S. Persons are under threat, or that we are a threat or, maybe, both simultaneously? Perhaps the NSA can explain since they seem to know more about us than we do. Hey, at least we finally got our name on the map." Continue reading →

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Jeffrey Tucker on a Bitcoin Standard, The Hard Money Crowd, and Once-and-Future Conferences

"Shownotes for Episode 28 - Ponzis, Malware, and the Hashing Cartel: ASIC’s or Botnets? What’s the Long Term Solution to our Medium Term Problems? Why isn’t it simple to be a miner? Jeffrey Tucker and I talk about a Bitcoin Standard, The Hard Money Crowd, and Once-and-Future Conferences; Can Validation Nodes Be The Solution to Centralization? How do I Get Paid in Bitcoins?" Continue reading →

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What is the Money Supply?

"Money supply growth has been crashing. Near the start of the year, three month annualized money growth was around 11.2%. It is now at 2.2%. I use the Fed's money supply measure M2 (non-seasonally adjusted) to calculate the growth. If the slowdown in growth continues, it suggests that the Fed manipulated economy will slow once again and that the stock market is likely to once again crash." Continue reading →

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The ‘new GDP’ methodology: What you need to know

"The Commerce Department has made changes to how it calculates gross domestic product, designed to have the data better reflect the so-called knowledge economy. The U.S. government adjusted data all the way back to 1929, and other countries have or are about to make similar changes to their data. At the same time, the government also went back and revised data for the past five years.What’s the upshot? The rate of growth hasn’t changed all that much, though there are big shifts in a few time periods. But the level of output is higher — $559.8 billion larger, with $526 billion of that amount due to definitional changes." Continue reading →

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Four False Assumptions That Can Kill Your Portfolio

"It’s been so long since interest rates had a real 'up' cycle that Wall Street — and many average investors — have forgotten what that even looks like. Four toxic interest-rate assumptions have the potential to kill your portfolio: First, Wall Street thinks the Federal Reserve can control all interest rates with a few words or the wave of a monetary wand. Second, Wall Street thinks that when interest rates go up, it’s always a slow and gentle climb. Third, Wall Street thinks that rising interest rates are solely a consequence of an improving economy and nothing else. And fourth, Wall Street thinks that because of that, the impact will be benign." Continue reading →

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