A rookie card player with a degree in accounting is this year’s World Series of Poker champion. New Jersey native Scott Blumstein won the series’ marquee no-limit Texas Hold ’em main event early Sunday in Las Vegas surrounded by dozens of supporters including relatives and college friends. He is now more than $8.1 million richer after eliminating Pennsylvania’s Daniel Ott on the 246th hand of the final table, more than 60 hands with just the two of them with bricks of bills and a gold bracelet separating them. ‘I’m really happy about how I played tonight,’ said Blumstein, who’s 25. … Continue reading →

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Not many people, I imagine, still read Dr. Johnson for pleasure or instruction, though he was once the favorite reading of the educated in the English-speaking world and his complete works found in practically all private libraries. He contrived to be a moralist without moralizing; he was an incomparably greater psychologist than Freud, having no ax to grind and no sect to found; and he was humane and charitable without sentimentality. No wonder that he is not in fashion. We prefer mental contortions, self-justifications, evasions, rationalizations, and all the other methods of avoiding the truth about ourselves, to his discomfiting … Continue reading →

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Lies, half-truths and cover-ups are all manifestations of fatal weakness. When we can no longer tell the truth because the truth will bring the whole rotten, fragile status quo down in a heap of broken promises and lies, we’ve reached the perfection of dysfunction. You know the one essential guideline to “leadership” in a doomed dysfunctional system: when it gets serious, you have to lie. In other words, the status quo’s secular goddess is TINA–there is no alternative to lying because the truth will bring the whole corrupt structure tumbling down. This core dynamic of dysfunction is scale-invariant, meaning that hiding the truth is … Continue reading →

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Dr. Pippa Malmgren, a US policy analyst and former member of the Working Group on Financial Markets, a government entity better known by its nickname, the “Plunge Protection Team,” appeared on Erik Townsend’s MacroVoices podcast to discuss bitcoin and the European refugee crisis, while also offering some clues about how the PPT, famous for its secrecy, operates. On The Financial Implications of Europe’s Refugee Crisis Townsend started the interview by asking Malmgren, who also served as a special assistant to the president during the Obama administration, her thoughts about the thousands of refugees who continue to pour into Europe. Surprisingly, despite her … Continue reading →

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On July 10, 2007 former Citigroup CEO Chuck Prince famously said what might be termed the “speculator’s creed” for the current era of Bubble Finance. Prince was then canned within four months but as of that day his minions were still slamming the”buy” key good and hard: “When the music stops, in terms of liquidity, things will be complicated. But as long as the music is playing, you’ve got to get up and dance. We’re still dancing,” he said in an interview with the FT in Japan. We are at that moment again. Only this time the danger of a thundering crash … Continue reading →

The post It’s Crazy Bubble Time appeared first on LewRockwell.

Have you moved a material percentage of your financial portfolio to cash? Have you become so concerned about the meteoric ramp upwards in asset prices that you find it wiser instead to move to the sidelines, build “dry powder”, and wait to re-enter the markets at saner valuations? If so, you have my sympathies. The past 5+ years have been brutal for savers pursuing this strategy. I know this well, as I’m one of those folks, too. The Mother Of All Financial Bubbles As we’ve chronicled for years here at PeakProsperity.com, the global central banking cartel started flooding the world … Continue reading →

The post Is It Folly To Hold Cash? appeared first on LewRockwell.

We often hear stories in which wily travellers wangle first class travel at a fraction of the cost, but usually that means taking out a load of cards and spending a fortune to earn points. But few of us actually have the time, patience, or ability to do this – so is it still possible to fly at the front of the plane without so much as owning a credit card? Yes, according to professional flight hacker Gilbert Ott, based in New York, who shares his tricks with MailOnline Travel – everything from buying air miles cheaply without actually flying anywhere, … Continue reading →

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It has been awhile since I have written about living a strategic life.  For those of you new to Backdoor Survival, living a strategic life is something that I encourage everyone to embrace, prepper or not.  As a matter of fact, it is so important to me personally that I co-authored a book about it, 11 Steps to Living a Strategic Life: A Guide to Survival During Uncertain Times. In a nutshell, living a strategic life means that you are able to take care of yourself and your family no matter what Mother Nature and the Universe decides to drop in your lap.  And … Continue reading →

The post Do You Know How To Start a Fire? appeared first on LewRockwell.

Most people know they’re paying a lot of taxes every time they buy a gallon of gasoline. Proportionately, few taxes are more regressive than motor fuels taxes – which currently amount to about 35 percent of the per gallon cost of gas (roughly, 50 cents in federal and state taxes on each gallon, which currently sells for a little over $2). But there is a another tax on motor fuels which very few people even know exists that also dips deep into their pockets. It is the federal mandate that each gallon of gas sold contain a certain percentage (currently, 10 percent) … Continue reading →

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“We don’t see the situation in our region as a winning or losing battle. It’s a situation where the initial U.S. invasion of Iraq has led everybody to lose. Because we believe that the situation in today’s world is so interconnected that we cannot have winners and losers; we either win together or lose together,” Zarif told The National Interest. Zarif also said thatShias, Sunnis and Kurds are all important segment of Iraqi society with whom Iran needs to have relations. “Iran has rushed to the aid of the Iraqis, not just the Shias, but everybody. For us, the Shias, the Sunnis, the Kurds—all of them … Continue reading →

The post Saudi Arabia Involved in 94% of Terrorist Attacks appeared first on LewRockwell.

When most people imagine various survival scenarios that they could find themselves in, many of those scenarios include isolation. That’s not surprising, considering that many of the survival stories we hear about in the media, involve people who escaped the hazards of the wilderness all by themselves. Those stories are often the most harrowing and interesting. But when people consider prepping for those scenarios, they usually don’t think about some of the difficulties that come with surviving by yourself. I’m not talking about the difficulties that are associated with pulling off challenging tasks without the help of a friend. I’m … Continue reading →

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Israel ‘playing with fire and risking major crisis with Islamic world’, Arab League chief warns

Pro-Palestinian & pro-Israeli protesters face off outside Israeli embassy in London

World War III and the Gross Hypocrisy of Britain and America – David Icke in September 2016

Donald Trump to be blocked from easing Russia sanctions after US Congress agrees legislation