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Money Watch

RT | The world is on the verge of a cyber shock “similar to the 2008 financial crisis.”

Zachary Zeck | On Friday Russia’s parliament voted to write off roughly 90 percent of North Korea’s debt as Moscow seeks to build a gas pipeline through the Hermit Kingdom.

London Guardian | Novartis and GSK to join forces in consumer healthcare, while Pfizer thought to be considering a $100bn bid for AstraZeneca.

CNS News | Obama called for what would be the highest level of sustained taxation ever imposed on the American people.

RT | Spending cuts in Greece have caused some 500 male suicides since their implementation, according to a new study.

Zero Hedge | Ah, the miracles of positive cash flow…

Washington’s Blog | For Those Who Work For a Living, the Level of Inequality In The U.S. Is “Probably Higher Than In Any Other Society at Any Time In The Past, Anywhere In The World”.

Washington’s Blog | Beware: The Dow 30’s Performance is Being Manipulated!

Zero Hedge | In the beginning it was banker suicides. Then about two weeks ago, suicides were replaced by outright murders.

Michael Snyder | Do you think that the price of food is high now? Just wait.

CNS News | If you lost your job, how long would it be before you couldn’t pay your bills?

Zero Hedge | The increased wealth of highly skilled workers, the insane wealth of those with capital, and the outsourcing of lower skilled jobs have left us all asking, “what happened to the middle class?”

Zero Hedge | Goldman alum Hank Paulson held a secret meeting with various hedge funds.

Michael Snyder | Did you know that Family Dollar is closing 370 stores?

Michael Snyder | When it comes to the transfer of wealth, nobody does it on a grander scale than the U.S. government.

Reuters | New applications for unemployment benefits held near their pre-recession levels.

Simon Black | Here’s a guy you want to bet on– Li Ka-Shing.

Zero Hedge | The BRICS countries (Brazil, Russia, India, China and South Africa) have made significant progress in setting up structures that would serve as an alternative to the IMF and the World Bank.

Business Insider | Ron Paul detailed his thoughts on Bitcoin in one of two posts he wrote on the question-and-answer site Quora Wednesday.

Reuters | BTC China has installed China’s first bitcoin ATM and launched an online app allowing individuals to buy and sell.

Zero Hedge | We previously noted that both beef and pork (courtesy of the affectionately named Porcine Epidemic Diarrhea virus) prices have been reaching new all time highs on an almost daily basis.

Prison Planet.com | Joe Banister, the IRS Special Agent who exposed the agency’s deceit and illegal enforcement of the federal income tax, also joins the show to discuss current and previous IRS scandals.

Washington’s Blog | Because Everyone from the Ultra-Rich to Illegal Immigrants Pay Nothing … Or Get Tax Refunds.

Gallup | Fifty-four percent say they are fair, the lowest since 2001.

CNS News | Taxpayers earning $100,000 or more a year pay 71.6% of the nation’s share in individual federal income taxes.

CNS News | People participating in the food stamp program outnumbered the women who worked full-time, year-round in the United States in 2012.

Business Insider | There’s a lot you can do with a 3D printer. Now add “building a house in a day” to the list.

Reuters | Europe’s largest banks cut their staff by another 3.5 percent last year.

Sovereign Man blog | Two. Billion. Hours. That’s how much time people in the Land of the Free waste each year preparing and filing their tax forms to the IRS.

Truth Revolt | “We have an obligation to current and future Social Security beneficiaries to attempt to recoup money that people received when it was not due.”

Ron Paul | Anyone watching last week’s debate over the Republican budget resolution would have experienced déjà vu.

Bloomberg | Obama and his wife, Michelle, reported adjusted gross income of $481,098 for 2013, down 21 percent from last year, according to tax returns released today by the White House.

CNBC | U.S. stocks declined sharply for a second session Friday.

Zero Hedge | Every once in a while, an Off the Cuff interview is so important that we decide to make it available to the entire public. This is one of those occasions.

Zero Hedge | “I think it’s very likely that we’re seeing, in the next 12 months, an ’87-type of crash,” warns a somewhat excited sounding Marc Faber, adding that he thinks “it will be worse.”

BizPac Review | President Obama’s tab for the jaunt to Ireland, including a side trip for Michelle Obama and those traveling with her, has been released – and it’s a hefty one.

Sovereign Man blog | Imagine that your country and banking system are so broke that you have to receive approval from a special committee just to send your own money to your kids.

Michael Snyder | The average price of USDA choice-grade beef has soared to $5.28 a pound.

Zero Hedge | Since 2007, when the financial crisis touched down across the world, the proportion of people going hungry in Europe has soared.

Zero Hedge | Nothing lasts forever – especially reserve currencies.

New American | It broke Ruth Freeborn’s heart to give up her U.S. citizenship that fateful day last year.

Washington’s Blog | We’re being Fed to the sharks, every day, one morsel at a time. What a way to go….

Zero Hedge | Sadly, as suspected – and in line with his CFO in 2009 – the reported death of Jan Peter Schmittmann was indeed suicide.

Peter Schiff | In recent years a good part of the monetary debate has become a simple war of words, with much of the conflict focused on the definition for the word “inflation.”

Michael Snyder | All of a sudden, the Nasdaq is absolutely tanking.

Breitbart | Roughly 1,800 New Jersey children had their insurance plans cancelled last week due to Obamacare.

Zero Hedge | “They are implementing plans to seize Ukraine through economic aggression.”

Zero Hedge | Jim Rogers’ fear that “they won’t take our bank accounts…they will take our retirement accounts,” is coming true.

Mac Slavo | If you’ve watched a documentary about America’s economic situation in recent years there is a strong chance it was produced by Daniel Ameduri of Future Money Trends.

Michael Snyder | The level of employment in the United States has been declining since the year 2000.

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