The month of April is a nightmare for anyone with a conscience, as we only have until “tax day” – which usually falls on April 15 – to give the taxman what he says he deserves. So if you pay taxes to Uncle Sam and you’re also aware you’re paying for mass murder in the Middle East and in U.S. streets due to the drug war, you should also feel sick to your stomach as you write that check.

To a restaurant customer, this may have served as enough incentive to remind his server that taxation is always immoral — but he didn’t stop there.

Last week, a customer at a Missouri restaurant gave the waitress a “personal gift” instead of a tip, writing the now popular line “Taxation is theft” in the tip section of the receipt.

In a second note, the fiscally conscious customer…

Report date: 04.28.2017

South Korea goes cashless, they are getting rid of coins.

Consumer confidence steady despite all the bad news.

US spending way down, this makes up 70% of the economy, but American’s are buying RV’s.

GDP collapses to .7%, this is the manipulated number, the real GDP is in the negative range.

Government shutdown looms, and congress decided to vote for a stop gap which will allow the government to continue to operate for 1 more week.

The Fed signals that the economy is still strong and will continue with rate increases because they believe it will bounce back in the 2nd quarter

Source: X22Report Fed Goes All in to Crash the Economy – Episode 1266a | Politics

Back in the summer of 2016, as Obamacare rates were being set for the 2017 plan year, we repeatedly argued that the entire system was on the “verge of collapse” as premiums were soaring, risk pools were deteriorating and insurers were pulling out of exchanges all around the country leaving many Americans with just a single ‘option’ for health insurance (see “Obamacare On “Verge Of Collapse” As Premiums Set To Soar Again In 2017“).

And while Democrats may be all too willing to quickly dismiss our analysis, just a few weeks ago we suggested that they should at least listen to the warnings of the CEO of one of the country’s largest health insurers who said that Obamacare is in a “death spiral.” In speaking with the Wall Street Journal, Aetna CEO Mark Bertolini said, among other things, that the “risk pools are deteriorating in the…

By Richard C. Cook

It is more obvious every day that with the accession of Donald Trump to the presidency of the United States—I refuse to use the word “election,” because I am convinced that Trump was designated for this position by the “deep state” and the controlled media—a major world disaster is not only likely but probably inevitable.

Before proceeding, I would like to say something about my own background. I spent 32 years as an analyst with the civilian side of the U.S. federal government. I worked for the U.S. Civil Service Commission, the Food and Drug Administration, the Jimmy Carter White House, the U.S. Office of Consumer Affairs, NASA, and the U.S. Treasury Department.

During those years I took part in many high-level policy initiatives under seven presidential administrations, from Richard Nixon to George W. Bush. This included a massive conversion to electronic funds transfer for…

Call it Canada’s “New Century” moment.

We first introduced readers to the company we said was the “tip of the iceberg in Canada’s magnificent housing bubble” nearly two years ago, in July 2015 when we exposed a major problem that we predicted would haunt Home Capital Group, Canada’s largest non-bank mortgage lender: liar loans in particular, and a generally overzealous lending business model with little regard for fundamentals. In the interim period, many other voices – most prominently noted short-seller Marc Cohodes – would constantly remind traders and investors about the threat posed by HCG.

Today, all those warnings came true, when the stock of Home Capital Group cratered by over 60%, its biggest drop on record, after the company disclosed that it struck an emergency liquidity arrangement for a C$2 billion ($1.5 billion) credit line to counter evaporating deposits at terms that will leave the alternative…

Report date: 04.26.2017

Canada housing regulators are now warning of a housing bubble.

The US is seeing the echo housing bubble of 2008.

The central bankers need more debt pushed out, so those student’s with student loans will now be able to purchase homes by changing the rules.

Trump is getting ready to sign an EO to cancel NAFTA.

Bubble Alert, we have now passed the bubble of 2007 and are now headed to the 1999 bubble.

Congress will pass a week extension to discuss the budget.

Rand Paul says to drain the swamp the money must be taken away.

The only way to do this is to crash the system and to remove the central bank.

All source links to the report can be found on the x22report.com site.

Source: X22Report Stock Market Has Gotten so Big it Has Now Passed 2007 Market Bubble – Episode 1264a | Politics

By Zero Hedge

It appears that contrary to expectations that Trump caving on the border wall would assure a US government shutdown is averted, Reuters reports the U.S. House of Representative could move soon to consider a stop-gap “can kicking” bill to fund the government for a week to avoid a shutdown at midnight on Friday and buy time to strike a deal for a long-term funding plan.

Reuters cited a House Republican source who said that a one-week bill would give lawmakers “a little breathing room” to complete negotiations on broader legislation, although it is unclear why if Democrats haven’t agreed with core GOP principals, they would agree next Friday.

Meanwhile, Democrats have said they would support a weeklong extension only if a deal on a longer-term plan was close to completion, and while a senior House Republican suggested that was the case, we very much doubt it.

“We…

By Zero Hedge

It appears that contrary to expectations that Trump caving on the border wall would assure a US government shutdown is averted, Reuters reports the U.S. House of Representative could move soon to consider a stop-gap “can kicking” bill to fund the government for a week to avoid a shutdown at midnight on Friday and buy time to strike a deal for a long-term funding plan.

Reuters cited a House Republican source who said that a one-week bill would give lawmakers “a little breathing room” to complete negotiations on broader legislation, although it is unclear why if Democrats haven’t agreed with core GOP principals, they would agree next Friday.

Meanwhile, Democrats have said they would support a weeklong extension only if a deal on a longer-term plan was close to completion, and while a senior House Republican suggested that was the case, we very much doubt it.

“We…

The Rothschild family is slowly but surely having their Central banks established in every country of this world, giving them incredible amount of wealth and power.

In the year of 2000 there were seven countries without a Rothschild owned or controlled Central Bank:

1. Afghanistan
2. Iraq
3. Sudan
4. Libya
5. Cuba
6. North Korea
7. Iran

It is not a coincidence that these country, which are listed above were and are still being under attack by the western media, since one of the main reasons these countries have been under attack in the first place is because they do not have a Rothschild owned Central Bank yet.

The first step in having a Central Bank establish in a country is to get them to accept an outrageous loans, which puts the country in debt of the Central Bank and under the control of the Rothschilds.

If the country does not accept the loan, the leader of this…

Report date: 04.25.2017

Consumer confidence stumbles and stock market soars.

J Crew letting 150 employees go.

Housing prices surge in the 20 bubble cities and new home sales surge according to the government.

Trump pushing for a corporate tax like Obama.

Trump budget for the wall won’t be a problem with the debt ceiling because he will wait until later this year to discuss.

Trump is borrowing and creating more bubbles, using the central banker’s trick to bring down the market.

All source links to the report can be found on the x22report.com site.

Source: X22Report Central Bankers Tricks Are Now Being Used Against Them to Bring the Economy Down – Episode 1263a | Politics

By Michael Snyder,

There is much debate about where the U.S. economy is ultimately heading, but what everybody should be able to agree on is that economic conditions are significantly worse this year than they were last year.  It is being projected that U.S. economic growth for the first quarter will be close to zero, thousands of retail stores are closing, factory output is falling, and restaurants and automakers have both fallen on very hard times.  As economic activity has slowed down, commercial and consumer bankruptcies are both rising at rates that we have not seen since the last financial crisis.  Everywhere you look there are echoes of 2008, and yet most people still seem to be in denial about what is happening.  The following are 11 facts that prove that the U.S. economy in 2017 is in far worse shape than it was in 2016…

#1 It is…

In this news brief we will discuss the latest news on the economic collapse. We look to see if things are really that different. The central bank will not stop at just confiscating your wealth they will want your life. They want to enslave the people.

Source: X22Report Bubbles Are Popping, Prepare for Collapse – Episode 1261a | Politics

Thousands of new doors opened and rents soared. This created a bubble, and like housing, that bubble has now burst.”

– Richard Hayne, Urban Outfitters CEO, March 2017

The devastation in the US retail sector is accelerating in 2017, and in addition to the surging number of brick and mortar retail bankruptcies, it is perhaps nowhere more obvious than in the soaring number of store closures.

While the shuttering of retail stores has been a frequent topic on this website, most recently in the context of the next “big short”, namely the ongoing deterioration in the mall REITs and associated Commercial Mortgage-Backed Securities and CDS, here is a stunning fact from Credit Suisse:“Barely a quarter into 2017, year-to-date retail store closings have already surpassed those of 2008.”

According to the Swiss bank’s calculations, on a unit basis, approximately 2,880 store closings were announced YTD, more than twice as…

Source: Prediction Of Economic Difficulties | Simon Parkes Official Website

By Paul Buchheit While the United States is ranked 37th in the world in education spending, the 14 richest Americans earned enough money from their investments in 2015 to hire two million preschool teachers. Yes, inequality is getting worse every year. In early 2016, Oxfam reported that just 62 individuals held the same wealth as the bottom…

via Morbid Inequality: Now Just SIX Men Have as Much Wealth as Half the World’s Population — Prepare for Change

What tentative hope had emerged for a rebound for the U.S. restaurant industry at the start of the year, was doused last month when in its February Restaurant Industry Snapshot, TDn2K found that “Restaurant Sales and Traffic Tumble in February” and reported that same-store sales fell -3.7% in February, with traffic declining -5.0% . It did however leave a possibility that things may turn around as a result of the prompt disbursement of withheld tax refunds in the month, which it suggested may have adversely affected sales and traffic.

Alas, that did not happen, and restaurant struggles continued in March as sales and traffic again declined year-over-year: same-store sales were down 1.1% while traffic dropped 3.4%. March results were disappointing for an industry desperately trying to reverse performance trends; with sales now negative in 11 out of the last 12 months, the longest stretch since the financial crisis…

This was a holiday-shorted week, due to Good Friday, and we are posting this Monday evening due to today being a holiday in much of the world.

Gold and silver went up the dollar went down, +$33 and +$0.53 -64mg gold and -.05g silver. The prices of the metals in dollar terms are readily available, and the price of the dollar in terms of honest money can be easily calculated. The point of this Report is to look into the market to understand the fundamentals of supply and demand. This can’t necessarily tell you what the price will do tomorrow. However, it tells you where the price should be, if physical metal were to clear based on supply and demand.

Of course, two factors make this very interesting. One is that the speculators use leverage, and they can move the price around. At…