The E-Trade Baby Loses It All

Serial Refinancing On Homes Discussed On CNBC

-4.23% = Should the European Common Bank's assets fall just this much, the ECB will be wiped out

Chris Martenson: Death by Debt

Matt Taibbi Blog - Wikileaks: Speculators Helped Cause Oil Bubble

This is how the dollar dies

The destruction of the middle class will not be televised – 56 percent of American workers have less than $25,000 saved. Even worse 60 percent of retirees have less than $50,000 saved. 45 million on food stamps and the consequences of peak debt.

Senator Bernie Sanders (I - VT) Says "The Middle Class Is Collapsing!"

Senator Bernie Sanders (I-VT) is angry with the wealthiest people in our society and giant corporations which are not paying a nickel in taxes. He also wants to rapidly withdraw from Aghanistan, bring our troops home, and reinvest the money squandered on wars on rebuilding the US infrastructure:

CNN: 48% of Americans Believe We Are Heading Into Another Great Depression In The Next 12 Months: Violence Is A Possibility

Neil Barofsky Interviewed By Dan Rather: "You Should Be Scared. I'm Scared. You Can't Not Be Scared . . . "

A short and bitter interview with the former Special Inspector General for TARP, Neil Barofsky, who warns that the next round of bailouts would have to exceed $5 Trillion in up front costs for the biggest institutions. Barofsky says he has no idea where the US could come up with that kind of money.

When pressed by Dan Rather who asks "Are you scared?", Barofsky answers, "You should be scared. I'm scared. You can't not be scared. You can't look at what happened in the run up to 2008 and see how it's not going to repeat itself, given what we've done."

Why College Loans And College Educations Are The New Bubbles

I do not share the belief that no young people should go to college. However, I do understand the major premise of this documentary which shows how government interference has made college educations much more expensive than inflation. A fascinating look at what has gone wrong in college education. Especially interesting is the ending of this film which talks about how online learning will take on more and more students vs. the old brick and mortar colleges. This should be looked at in conjunction with with the recent video titled "96% of Millenials Have Joined A Social Network" which also reinforces the idea that online learning is more beneficial and does a better job of teaching/learning than brick and mortar colleges. Enjoy!

MIT Breakthrough: Revolutionary Battery Technology Could Make Electric Cars More Feasible

Global Energy Use Advances at Fastest Pace Since 1973 on Coal, BP Says

How To Wreck The Planet 101 When Dealing With Peak Oil

A wet spring in the USA means higher corn prices

European Central Bank President Jean-Claude Trichet rejected any direct ECB participation in a second bailout for Greece

American's equity in their homes is near an all time low

CBS's 60 Minutes Looks At High Frequency Trading

Greece needs $65 Billion more from the EU & the IMF

Salon: How America will collapse (by 2025)

Automatic Earth: "Generation Junk"

Michael Hudson: "A World At Fianancial War"

Governor Cuomo about to cut 9800 state jobs in New York?

Hillary Clinton To Become The Head Of The World Bank?

Another 10-25% Drop In Home Prices "Would Not Shock" Robert Shiller

School layoffs around the country spike upward

Jim Rogers: The Next Financial Crisis In The US Will Be Worse Than 2008

Jim Rogers is short American technology stocks and one major American bank. He still likes commodities. And he says the US is in very bad shape.

Bad Economy Hurting Florida Voters

Death of the American Dream Part II

Chutzpah: Jamie Dimon of JP Morgan Presses Ben Bernanke To Lighten Up On Regulations

Exxon reports finding biggest oil field in Gulf of Mexico since 1999

Bill Fleckenstein: Greek debt tragedy is good for gold

Charles Hugh Smith: "Can We Stop Pretending GDP Is Growing?"

James Turk: "We Are At An Historic Moment . . . The World's Reserve Currency Is Collapsing"

George Hemminger Interviewed By Russia Today: "The Great Divide - We Are Entering The 2nd Great Depression"

96% of Millenials Have Joined A Social Network

CIA Fact Sheet Shows the USA is the most indebted country on the planet now

Florida Attorney General Gives Graphic Slide Show On How Foreclosure Fraud Was Perpetrated

How America could collapse by 2025

Senate vote: Retailers win against Banks over debit card fees

Jim Kunstler: "The Creeping Nausea Of American Exceptionalism"

Minnesota State Colleges and Universities May Send Out 6,000 Layoff Notices This Friday

Too Sad To Be Funny

Jesse's latest on Gold and Silver charts