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Money Watch

Michael Krieger | The writing is clearly on the wall if you’re paying any attention.

New American | ISIS seized 2,300 U.S. military Humvees and other weaponry from Iraq’s U.S. taxpayer-funded armed forces.

London Independent | Police in San Francisco believe Sarvshreshth Gupta killed himself

Martin Armstrong | The Fed will be forced to raise rates, and both Congress and the media will blame them for not raising rates sooner and for creating an asset bubble.

Truth Revolt | “The Obama administration doesn’t have much power to hold down rates.”

NY Times | Americans of both parties fundamentally reject the regime of untrammeled money in elections.

Charles Hugh Smith | The past six years of expansion have been as illusory as Cinderella’s magic carriage.

Michael Krieger | It’s an economic recovery so lopsided, corrupt and fraudulent only an oligarch could love it.

Zero Hedge | Here is Deutsche Bank admitting that not only the Fed is lying to the American people.

Business Insider | There’s just not enough money moving in markets at any one time.

Michael Snyder | Are stocks overvalued?

Truth Revolt | How’s that socialism working out?

The Daily Sheeple | At this point, it’s hard to say how many bankers have killed themselves over the past two years.

Washington’s Blog | The bigger they come, the harder they fall.

Steve Watson | Supervises everything he once lobbied government on.

Armstrong Economics | Many in Spain are starting to figure out that the only way to survive is to get your money out of the bank.

Business Insider | Chinese stocks, having closed down more than 5% on Thursday, have seen some wild volatility in early Friday trade.

Martin Armstrong | We are running out of other peoples’ money.

Armstrong Economics | Now you are watching newspaper and TV shows all preparing the public for the coming cashless society.

Zero Hedge | “No Greek payment to IMF would be default to IMF”

Michael Snyder | Have you heard of the saying “sell in May and go away”?

London Telegraph | The world authorities have run out of ammunition as rates remain stuck at zero. They have no margin for error as economy falters.

Zero Hedge | Since the 1960s, Western economies have been afflicted by an acute problem in which they depend more and more on our psychological and emotional engagement.

Michael Snyder | All over the planet, large banks are massively overexposed to derivatives contracts.

Mac Slavo | America is filled with lots of poor people these days, and there’s plenty of money to be made off them.

Washington Times | Civil rights leader’s son seeks ‘poverty czar;’ 2016 hopeful pushes ‘Economic Freedom Zones’.

Zero Hedge | The default countdown is about to go under 10 days and it is becoming increasingly apparent that both Greece and its creditors have had enough.

Zero Hedge | But all they wanted was $15 per hour?

Washington’s Blog | Various agencies are tracking our debit card transactions.

The Anti Media | On Wednesday, the Justice Department announced that 5 major banks will be fined a total of about $5.7 billion.

Zero Hedge | Core US inflation finally spiked the most since 2013.

Martin Armstrong | I live in the Intermountain West. Our local real estate market has been in the toilet for years.

Michael Snyder | Did you know that if you took every single penny away from everyone in the United States that it still would not be enough to pay off the national debt?

Michael Krieger | Here is good news for the plutocrat who wants to try out Manhattan’s ritziest neighborhoods before taking the multimillion-dollar plunge.

CNBC | At a time when 8.5 million Americans still don’t have jobs, some 40 percent have given up even looking.

Bloomberg | A move to a gold standard in China would require an exchange rate of as much as $64,000 an ounce.

Mac Slavo | It’s cops gone wild because the nation has gone wild… the nation can only think of war and slaughter…

Michael Snyder | The Greek government says that a “moment of truth” is coming on June 5th.

Mac Slavo | America’s debt problems aren’t going away.

CNBC | The case of an aspiring Michigan businessman has reignited the debate over limits to the federal government’s ability to seize property.

Financial Times | HSBC has become one of the biggest global banks to say it will begin charging clients on deposits in a basket of European currencies.

CNS News | During the six years that President Obama has held office, the number and cost of regulations has continued to climb.

Daniel McAdams | Today’s Ron Paul Liberty Report takes on the war on cash.

Armstrong Economics | Denmark is not part of the euro.

Mac Slavo | “China… across the board… is preparing for something big in currency markets.”

Prison Planet.com | As the world teeters on insecurity, governments prepare for war — and the first casually of war is the truth.

Armstrong Economics | Europe is moving full speed ahead to eliminate all cash.

Adam Taggart | Behavioral science shows we are our own worst enemies in this story.

Michael Snyder | Did you know that there is more than $28,000 of debt for every man, woman and child on the entire planet?

Charles Hugh Smith | The costs and consequences of Greece exiting the Eurozone may well dwarf the financial losses triggered by Greece’s default.

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