Natural News | Cutting edge currency circumvents central banking system.
Washington’s Blog | Poverty Spikes In America … While the Government Throws Money at the Super-Elite.
Zero Hedge | For a few days, the rest of the world looked on awaiting the riots and social unrest in Cyprus that we have become accustomed to from their fellow unter-sufferers Greece and Spain; but it never came.
Reuters | The Bank of Japan unleashed the world’s most intense burst of monetary stimulus on Thursday.
Washington’s Blog | 50% In Favor of Directly Breaking Them Up … Many More In Favor of Stopping Artificial Support and Letting them Shrink On Their Own.
Business Insider | A father and son from Austin say they’ve just sold their 2007 Porsche Cayman S for approximately 300 Bitcoins.
Karl Denninger | The screeching coming from CNBS and elsewhere this morning is amusing.
UK Daily Mail | The number of Americans living in poverty has spiked to levels not seen since the mid 1960s, classing 20 per cent of the country’s children as poor.
Zero Hedge | From ‘why Cyprus could not bail out its banks’ to its failed financing needs and the road to confiscation, Demonocracy provides the ‘everything you wanted to know about Cyprus’ infograph ‘but were afraid to read’.
Zero Hedge | The ever-changing rules of the French ‘tax-the-rich’ socialist state have mad eyet another unintended consequence.
Business Insider | While you were sleeping, the utterly insane roller coaster world of Bitcoin continued to do its thing.
Saman Mohammadi | Obama Ben Bernanke is to America what Osama bin Laden was to Islam: poison.
Natural News | Federal Reserve recently stole more than 25 percent of Americans’ savings and investments with ‘quantitative easing’ scam.
Business Insider | We were just talking about what a disaster the Eurozone economy was.
Mac Slavo | One of the most dangerous cities in America has just declared bankruptcy, leaving creditors out hundreds of millions of dollars.
Mike Adams | I’d like to share a lesson in economics today, and I call it the “Production, Coercion and Theft” lesson.
Bloomberg News | The U.S. economy is in a bubble inflated by “phony money” from the Federal Reserve and will burst within a few years, warned David Stockman, who was budget director for President Ronald Reagan.
Zero Hedge | The two countries may as well be joined at the hip.
Zero Hedge | After being told that the Cypriot business model was broken, the ever-resilient people of this ‘storm in a teacup’ island have, by all appearances, taken up their entrepreneurial sickles to make hay while the Troika sun shines.
Zero Hedge | There are many lessons and implications from the Cypriot crisis (we list 25 here).
Zero Hedge | For those curious.
CNBC | The EU/IMF raiding bank accounts in Cyprus to bail out the country’s financial system sets a dangerous precedent and investors should “run for the hills” said investor Jim Rogers.
Reuters | Under conditions expected to be announced on Saturday, depositors in Bank of Cyprus will get shares in the bank worth 37.5 percent of their deposits over 100,000 euros, the source told Reuters.
Prison Planet.com | The free market has already moved in to help Cypriots get access to their money via other means…
Washington Examiner | Medicare has opened the door to covering transexual operations, adding to the growing list of operations that would be allowed under Obamacare.
London Guardian | Just 24 hours ago Cypriots were told curbs to prevent money from leaving the country would only be in place for a week.
Mac Slavo | Faber is not suggesting you shouldn’t own gold, he’s highlighting how serious of a crisis we’re actually in, something the mainstream media won’t touch with a ten foot pole.
Lew Rockwell Blog | Here’s an account (literally).
Prison Planet.com | While European politicos negotiate in Brussels, deciding the fate of other people’s money in Cyprus, the free market has already moved in to help Cypriots get access to their money via other means…
Daniel Halper | “Use of Food Stamps Swells Even as Economy Improves,”
rbth.ru | The government plans to slash the amount of cash in domestic trade.
Washington’s Blog | Reclaiming the Founding Fathers’ Vision of Prosperity.
Business Insider | Cypriot banks re-open from their long holiday at noon Cyprus time or 6 AM ET.
Zero Hedge | And now, the blame game begins.
The Fiscal Times | If you meet Baxter, the latest humanoid robot from Rethink Robotics – you should get comfortable with him, because you’ll likely be seeing more of him soon.
Zero Hedge | After a few months of relative calm, it appears the youth are once again finding their hopes dashed and are protesting.
London Independent | Anger at a deal aimed at saving Cyprus from bankruptcy spilled into the streets today.
Prison Planet.com | The looting of private bank accounts to cover the gambling losses of big banks is a new template for the euro zone, according to Dutch Finance Minister and President of the Eurogroup of euro zone finance ministers Jeroen Dijsselbloem.
CNBC | Texas wants its $1 billion in gold reserves back from the New York Fed, and they hope to build a structure similar to Fort Knox to protect it.
Zero Hedge | The result, at least for Europe, is quite scary…
Zero Hedge | The little principality that is an even greater tax (evasion) haven for the world’s ultra wealthy, even more so than Zurich, Geneva or Zug, is now under Big Brother’s microscope.
Zero Hedge | We thought it useful to consider Cyprus in relation to the longest bank closures in history.
New American | Late Sunday night the president of Cyprus, Nicos Anastasiades, was officially informed of the deal the unelected Eurogroup had come up with in order for Cyprus to receive its bailout from the European Central Bank.
Business Insider | What will the price of a Cypriot euro be, relative to a German euro? 50%? I call this Cyprus leaving the euro but keeping the word “euro” to save face.
Business Insider | The events of the past week have likely shattered confidence in Cypriot banks.
Zero Hedge | In the past week there has been a surge in cash outflows from Cyprus, even as its financial system has been supposedly ringfenced from the world.
Mac Slavo | By all accounts, the mainstream media and corporate leaders would have us believe that the world is in a new bull market.
RT | This excerpt of Keiser Report features Reggie Middleton proffering a simple definition of what a bank is and why the EU/ECB/Germany, through Cypress has utterly destroyed the confidence in the concept of banking in Europe.
London Telegraph | Cyprus is preparing to seize up to a fifth of the value of wealthy savers’ bank accounts in a desperate attempt to stave off financial meltdown.
New York Times | After a grueling, all-night debate that ended close to 5 a.m., the Senate on Saturday adopted its first budget in four years.