“Ben Swann Full Disclosure talks with Emilio Ibrahim, a Syrian man living in Damascus about the U.S. and Saudi funding of Al Qaeda fighters who are leading the so called Syrian revolution.”
“Taking the bailout model to extremes – the EU has given Cyprus an ultimatum – either force savers to save banks, or go bankrupt. United Kingdom Independence Party MEP Nigel Farage gives his perspective on the deposit levy and Cypriot parliament vote.”
“A theme that is little explored in the Western mainstream press is that retirement has all but collapsed for many in the middle classes. We have in the past called this condition ‘dreamtime’ – for it was built on central banking initiatives and fostered by central banking super-money printing. The idea was that the stock market was going to go up and up – and people would be able to take retirement based on their own investment initiatives. In Europe, state-fostered retirement provided a slightly different model. But the main issue in both the US and Europe was that an entity larger than the individual was going to manage the realities of retirement.”
http://www.thedailybell.com/28843/The-Retirement-Crisis-That-Must-Not-Be-Mentioned
“American households are so strapped that only half could come up with $2,000 in cash if an unexpected need arose in the next month. You would think that savings levels would increase, but no. The percentage reporting saving anything for retirement is at 66 percent, down from 75 percent in 2009. In a little more than a decade, there will be a lot of older people who will run out of money. There will be stories written in 2025 about Joe Smith, 82, a retired autoworker, living in a flophouse on $2,100 a month in Social Security after his pension was cut off and his personal savings ran out, while his children, in their 60s themselves, moved 2,000 miles away.”
http://money.msn.com/retirement-plan/latest.aspx?post=b38528f4-838c-4875-9f2c-e89218e31dab
“Edward Jones agreed, without admitting any wrongdoing, to a $75 million regulatory settlement with the SEC for allegedly failing to disclose that it received tens of millions of dollars from preferred mutual fund partners each year on top of commissions and other fees. Investors shouldn’t need to worry that they’re getting fleeced by the very person who’s being paid to advise them. Investors are at greater risk of being taken advantage of when their advisor is not required to put them first, has strong economic incentives to generate fees, and doesn’t need to disclose those conflicts of interest in a particularly clear way.”
“A disturbing new trend is that some thieves are beginning to directly target financial advisors and their clients – as famous bank robber Willie Sutton noted, if you want to get rich by stealing, go to where the money is! Accordingly, financial advisors and investment custodians have seen a noticeable increase in attempts at fraudulent wire transfers by ‘spoofing’ – where a request sent ‘from the client’ is actually a spoof from a fake-but-similar email account (or sometimes is even the client’s actual account!), and asks the advisor to process a wire transfer to a third party bank account. By the time anyone realizes the request was fake, the money is already gone.”
http://www.kitces.com/blog/archives/416-Wire-Fraud-A-Terrifying-New-Trend-Targeting-Advisors.html
“Lots of lessons here. Protect your bank account numbers and passwords. Its less likely that an individual will steal your funds than the government but you still need to be careful. Also note the advancement in private surveillance, the bank was able to detect the fradulent withdrawal of funds in real time, grab a picture of the suspects and get it it the police in apparently minutes.”
http://www.economicpolicyjournal.com/2013/03/four-men-busted-for-stealing-hundreds.html
“The US Internal Revenue Service spent $60,000+ of your money to produce this terrible Star Trek spoof. Despite being really bad, the film does demonstrate the culture of government: You, the citizens, are tax cattle to be farmed for the state. Without genius central planners civilization itself would fall.”
“Taped Sept 3, 1970, this insightful economic conversation remains relevant today. Note Mr. Browne predicts that, ‘as an act of economic desperation,’ our government will have to ‘renege on their promise to foreign governments to pay one ounce of gold for every $35 turned in at the Treasury.’ On August 15, 1971, the Nixon Administration did so.”
“The Henry Hazlitt Memorial Lecture, sponsored by James M. Rodney, presented at the Austrian Economics Research Conference. Recorded 21 March 2013 at the Ludwig von Mises Institute. Includes an introduction by Joseph T. Salerno.”