As the World Turns
• https://www.lewrockwell.com, By Theodore DalrympleOver the past few years I don't know how many hours I've wasted reading articles in newspapers about the Greek debt crisis.
Contents Pages by Subject
Government Debt & Financing
Puerto Rico says it can't pay its debts
• politico.comThe governor of Puerto Rico says the island commonwealth cannot pay its public debt, which totals more than $72 billion.
Pentagon Seeks $270 Billion for Nuclear Weapons
• antiwar.comDeputy Defense Secretary Dubs Nukes the 'Most Important' Mission of Pentagon
What Happens When Govt Thugs Threaten Porcfest
• http://freekeene.comNear high noon today, the first full day of the annual Porcupine Freedom Festival, two agents (Phillip Lawrence and Ray Persinger) from the "Department of Revenue" rolled up to Rogers Campground. The sharply dressed thugs inquired with campground
US Supreme Court strikes down laughable Gilbert sign code
• Kielsky Rike PLLCJustice Kagan: "The Town of Gilbert's defense of its sign ordinance--most notably, the law's distinctions between directional signs and others--does not pass strict scrutiny, or intermediate scrutiny, or even the laugh test."
Janet Yellen's Crocodile Tears
• http://www.thedailybell.comA review of the Federal Reserve's response to recent leaks about its bond-buying plans raises new questions about the central bank's efforts to police interactions with investors who can profit handsomely from inside information.
As Seen In Greece: "I Rushed To The Bank" And The Return Of ATM Lines?
• http://www.zerohedge.com, Tyler DurdenLate last Friday, we reported what many had feared: the Greek population's faith in its government's negotiating skills evaporated last week amid a breakdown in talks with creditors, leading to what local sources dubbed a "massive" €700 million dep
Report Reveals $8.5 Trillion Missing From Pentagon Budget
• http://crooksandliars.comYahoo Money' The Daily Ticker is reporting that is has discovered a Reuters investigation that reveals $8.5 trillion that's trillion with a "T" in taxpayer money doled out by Congress to the Pentagon since 1996 that has never been accounted
Goldman Sachs Warns "Too Much Debt" Threatens World Economy
• goldcore.com- Debt load of many countries is an economic risk - Ageing populations in developed world to put pressure on economies - Goldman proposes "creative" social policy to deal with looming crisis
Five Chicago Suburbs Headed for Bankruptcy (More Illinois Cities Will Follow)
• globaleconomicanalysis.blogspot.comIllinois House Bill 298 would allow Illinois municipalities to file for Chapter 9 bankruptcy.
Russia to use prison labour in World Cup projects
• independent.ieRussian authorities have proposed using prison labour to drive down the costs of holding the 2018 World Cup.
Greece Will Default on June IMF Repayment Says Interior Minister...
• http://globaleconomicanalysis.blogspot.comOne way or another the crisis in Greece is highly likely to come to a head in June.
New Military Spending Bill Expands Empire But Forbids Debate on War
• antiwar.comOn Friday the House passed a massive National Defense Authorization for 2016 that will guarantee US involvement in more wars and overseas interventions for years to come.
Revealing The Identity Of The Mystery "Belgian" Buyer Of US Treasurys
• zerohedge.comA little over a year ago, we showed something quite unexpected: in the span of just a few months, the tiny nation of Belgium had become the third largest foreign holder of US Treasurys.
Spending and Redistribution Are Not the Answers to Slow Growth
• http://www.thedailybell.comOld fallacies never seem to die, they just fade away to reemerge once again later on.
Congress Wants to Let Military Contractors Buy More Russian Rocket Engines
• motherboard.vice.comRemember last summer, when Congress was very upset that most rockets used to launch military satellites were powered by Russian-made engines?
Chicago Board of Education to Default on Bonds? Rick Santelli and Mish Discuss on CNBC
• globaleconomicanalysis.blogspot.comI had a lot of fun this morning on CNBC.
Peak Debt and the Looming Crash
• Lewrockwell.comThe phrase, "more bang for the buck," is usually associated with the Vietnam War.
Beware, the Tax Man Has Eyes on You: Potential Hike for Illinoisans is Staggering
• globaleconomicanalysis.blogspot.comLive in Chicago? A report by Nuveen shows a pension payment spike looms in 2016, and the potential tax hike to fix it is staggering.
The "Scariest Spreadsheet In Fed Possession" Just Revealed A Very Scary Number For Q2 GDP
• http://www.zerohedge.com, Tyler DurdenEarlier today, Goldman initiated its Q2 GDP tracking at 3.0%.
Doug Casey: Most of the World's Banks Are Headed for Collapse
• http://www.caseyresearch.comBanking has been fundamentally unsound ever since the first central bank was created. That's when bankers started making promises they couldn't keep.
It's A Mania - Behold The Red Chips And The Big Macs
• http://www.zerohedge.com, Tyler DurdenZero Hedge recently revealed that $5.3 trillion of government debt trades at subzero interest rates.
Greek banks 'close to collapse' as debt soars
• http://www.thetimes.co.uk,Greek debt costs leapt yesterday as the French central bank warned that the banking sector in Athens is on the verge of collapse.
Greece to Seize Local Government Cash; Two Year Bond Yield Tops 28%
• http://globaleconomicanalysis.blogspot.com,Greece to Seize Local Government Cash
Credit Swap Event Triggers for Chicago Schools:
• globaleconomicanalysis.blogspot.comOut of Cash in 30 Days, Cooking the Books to Oblivion:Rauner Ponders Bankruptcy; Emanuel Out to Destroy Middle Class
Student Debt Accounts For Nearly Half Of US Government "Assets"
• http://www.zerohedge.com, Tyler DurdenOn Friday we asked if the student debt bubble was about to witness its 2007 moment.
Is It Finally Game Over for Ethanol?
• motherboard.vice.comRemember ethanol? Once America's magic elixir for energy independence, the biofuel has spent a few years out of the national limelight.
Martin Armstrong: "Understanding Jackson's Bank War Is Critical To Our Future"
• http://www.zerohedge.com, Tyler DurdenUnderstanding Jackson's Bank War is critical to our future.
Denials Mount as Greece Robs Peter to Pay Paul; Shell Games and Check Kiting
• http://globaleconomicanalysis.blogspot.com,Denials in Greece about its sorry state of affairs are now so ridiculous that even some ardent Greek supporters are likely laughing out loud (off the record of course).
It's April 15th - Do You Know Where Your Tax Dollar Went?
• zerohedge.comThis will make every American feel much better about handing over that check today... as Simon Black notes today "I believe we have an obligation to starve the beast..."
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