GOP Senator Opposes More Than 60 Days Of War On Iran Without War Declaration

The Fed Will Invent New Inflation Numbers Out Of Thin Air Submitted by QTR's Fringe Finance The Federal Reserve is rapidly approaching the point where every available option becomes politically toxic, economically destructive, or both. Inflation remains stuck around 3.8% CPI, well above the Fed’s stated 2% target, and that number alone should theoretically eliminate any serious discussion of aggressive easing. Treasury yields are rising as bond investors demand compensation for persistent inflation, uncontrolled fiscal deficits, and the growing realization that Washington’s debt load is becoming increasingly unstable. The American consumer, meanwhile, is clearly running on...

Shortages And Rationing Loom As Global Oil Reserves Fall At Fastest Rate In History Authored by Michael Snyder via The Economic Collapse blog, No matter what happens now, the world is facing a very painful energy crisis. Let’s be as wildly optimistic as we possibly can and assume that Iran agrees to allow free passage through the Strait of Hormuz with absolutely no tolls or restrictions starting tomorrow. Before normal traffic through the Strait could resume, Iran would first have to remove all of the mines that they have laid in...