With the way that things are heading in this country, it is not surprising that there are approximately 3 million preppers in the United States today.  What is surprising is that there are not more people prepping. The economy is rapidly falling to pieces, the national debt is absolutely soaring, the earth is becoming increasingly [...]

During an appearance on Meet The Press on Sunday, Jim Cramer of CNBC boldly predicted that "financial anarchy" is coming to Europe and that there will be "bank runs" in Spain and Italy in the next few weeks.  This is very strong language for the most famous personality on the most watched financial news channel [...]

Many people would argue that more government intervention -- along with more public sector spending and borrowing -- is the only answer to our current woes because the private sector is neither willing nor able to help out. But two...

The Facebook IPO is kind of like a graduation party - everybody comes together for one huge blowout to celebrate the end of an era before going their separate ways.  Unfortunately, most people on Wall Street do not understand how bittersweet this moment really is.  A tremendous amount of pain is ahead for Wall Street [...]

Pinterest, the popular social-media site that allows users to "pin" images from the web on a virtual billboard, has secured $100 million in new financing, a deal that values the company at a cool $1.5 billion. While that's well short of Facebook's $100 billion value, Pinterest's new investors apparently believe that the site, which has never turned a profit, can transform itself into a money-making machine. Revenue often seems like an afterthought in the tech world these days — just think of Facebook's $1 billion purchase of the business-model-less photo app Instagram — but does Pinterest...

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President Obama is hosting leaders of the Group of Eight economies at Camp David in Maryland, where Europe's spiraling debt crisis is expected to be the top topic of conversation. European officials are working on emergency plans for Greece's possible exit from the euro currency, a development that could unleash chaos in global markets and stall America's fragile economic recovery. The White House views the crisis, and its potential impact on the U.S., as one of the biggest challenges facing Obama's re-election bid. The president is expected to wield as much influence as he can in encouraging...

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THE PLACE IS immense. Cold, cavernous. Silent, despite thousands of people quietly picking items, or standing along the conveyors quietly packing or box-taping, nothing noisy but the occasional whir of a passing forklift. I have just been hired as a picker, which means my job is to find, scan, place in a plastic tote, and send away via conveyor whatever item within the multiple stories of this several-hundred-thousand-square-foot warehouse my scanner tells me to. 

My scanner tells me in what exact section — there are nine merchandise sections, so sprawling that there's a map attached...

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"The conventional wisdom: Fiery cable news host goes off the rails, loses his highly influential platform, and is forever forgotten to history," says Dylan Byers at Politico. But that doesn't appear to be the case for Glenn Beck, who left Fox News in 2011 amid declining ratings and fleeing advertisers. Forbes has named Beck the 23rd-most powerful celebrity in America, and claims he makes $80 million a year, which means he's much richer than Tom Cruise, Donald Trump, and Rush Limbaugh, his rival for conservative hearts and minds. Here, a guide to Beck's media empire:

How did Beck make so much money...

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With each passing day, the banking crisis in Europe escalates.  European banks are having their credit ratings downgraded in waves, bond yields are soaring and billions of euros are being pulled out of banks all across the eurozone.  The situation in Europe is rapidly going from bad to worse.  It is almost like watching air [...]

In "Declinism Resurgent," The Economist notes that Americans are quite pessimistic right now: Six months from polling day, America’s election campaign has opened with a blizzard of tendentious commercials, contrived razzamatazz and mind-numbing trivia. Was the stadium in Ohio at...

If you know what to look for, it quickly becomes obvious that the elite of the world are not even trying to hide their insidious plans for the planet.  They hope to unite the entire globe under their leadership, and they don't think that we are strong enough or smart enough to stop them.  They [...]

This week, JC Penney reported that its sales dropped 20 percent in the past quarter, a lower-than-expected result that caused the company's share price to suffer its worst single-day loss in 40 years. Boosting sales has "been tougher than anticipated," conceded CEO Ron Johnson, who JC Penney brought on last year to "inject much-needed color, life, and enthusiasm into JC Penney's drab stores," says Abram Brown at Forbes. The news in June 2011 that Johnson, the genius behind Apple's popular retail stores, would become CEO was greeted with a surge in JC Penney's stock price. So far, though, he has...

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Greece's inconclusive elections in early May, which produced a splintered field that could not cobble together a government, have thrust the debt-ravaged country into deeper chaos. New elections are expected on June 17, but few predict they'll yield a stable coalition willing to carry out the EU-demanded austerity measures needed to keep Greece in the euro currency bloc. Since the election, panicked depositors have withdrawn 3 billion euros ($3.8 billion) from their checking accounts, and as much as 800 million euros on a single day earlier this week. Meanwhile, the European Central Bank ...

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Money is being pulled out of Greek banks at an alarming rate, and if something dramatic is not done quickly Greek banks are going to start dropping like flies.  As I detailed yesterday, people do not want to be stuck with euros in Greek banks when Greece leaves the euro and converts back to the [...]

Don't you wish that someone had told you the truth before you went to college?  Don't you wish that someone had told you that college has become a giant money making scam that is designed to drain as much money out of students and parents as possible?  Yes, college can be a profitable endeavor if [...]

Looks like the one percent is joining the 99 percent...and shunning stocks: "For the Rich, Diamonds are the New Stocks" (CNBC) New studies show that the wealthy are pulling back from stocks and stashing more of their money into real...

In the aftermath of JPMorgan's $2 billion loss, which could bloat to as much as $4 billion in the coming weeks, critics of Wall Street have pressed the government to strengthen its oversight of the financial industry. But would that be enough to prevent a repetition of the financial crisis? Some say the very existence of JPMorgan and other too-big-to-fail banks represents a constant threat to the global economy — as well as the taxpayers who will have to rescue them if they collapse. Is the best solution to cut big banks down to size?

Yes. Regulation alone can't save the banks from themselves...

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The bank runs that we are watching right now in Greece are shocking, but they are only just the beginning.  Since May 6th, nearly one billion dollars has been withdrawn from Greek banks.  For a small nation like Greece, that is an absolutely catastrophic number.  At this point, the entire Greek banking system is in danger [...]

Today, there are more than 7 billion people living on earth.  For the global elite, that is problem number one.  The vast majority of us don't spend much time thinking about global population issues, but for many among the elite it is an absolute obsession.  Many of them truly believe that you are ruining their [...]

If every picture tells a story, here's one from a post, "serfchart," at Michael Krieger's A Lightning War for Liberty, that might even give Freddy Krueger the willies: As Krieger puts it, "this is what you get when a society...