By Nick Cunningham, OilPrice.com: ExxonMobil had a rotten week: a string of bad news from seething hotspots around the world, just as rising costs and flat output raise questions about the firm’s trajectory.
Entries by Contributor (489)
By Aaron Layman: All US home builders are dealing with the same problem…affordability. They’re now seeing the consequences of the Fed’s Catch-22: depressed sales.
By Valentin Mândrăşescu: Washington’s defaulting on an agreement with Russia about Ukraine’s future, and the prospect of NATO troops in Ukraine, convinced Putin and much of the Russian elite that there’s no point in negotiating with the US. Big risks lie ahead.
By Nick Cunningham, Oilprice.com: The US coal industry, plagued by rising costs and increasingly stringent environmental regulations, was to have a comeback year in 2014. Instead, it has had an epic year so far in environmental damage and horrible publicity.
By Don Quijones: Christine Lagarde, former economy minister of France, now Managing Director of the IMF, by pledging her undivided allegiance to the dark interests of those she serves, has inflicted untold devastation on families and communities across the globe even as she’s tangled up in a sordid corruption affair in France.
By Benjamin Shepherd, Chief Investment Strategist: As global investor who focuses on the emerging markets, I'm willing to put money to work almost anywhere in the world there’s a return to be made. I say almost because Russia is the one country I avoid.
By David Stockman: The Fed’s bubble machine has fostered a noxious culture of plunder and entitlement on Wall Street. Now a marauding gang of vulture-speculators demands a multi-billion payday on the worthless Fannie and Freddie preferred stock they scooped up.
By Mariana Belisario-Blaksley, The Bubble: Government policies have destroyed the economy, sovereignty, and security of our once rich nation. They led to preposterous exchange controls, persecution, expropriation in the private sector, and impunity regarding corruption. Reading the media has turned into masochism....
By James Stafford, Oilprice.com, and energy expert Arthur Berman: This winter, things have begun to unravel. Natural gas inventories are near their 2003 low. Sure, weather is the main factor, but that's always the case. The truth is that supply has not been able to meet winter demand, period. It's a fact that is inconsistent with the fairy tales we continue to hear about cheap, abundant gas forever.
By Bryan Taylor, Global Financial Data: What if IBM had stayed in the Dow Jones Industrial Average between March 1939, when it was removed, and June 1979, when it was re-added to replace Chrysler?
By Danny O'Brien, Electronic Frontier Foundation: The Mexican website 1dmx.org, set up in the wake of the protests against the inauguration of President Enrique Peña Nieto, included a campaign against proposed laws to criminalize protest – until it was taken down by GoDaddy, a US company, at the request of the US Embassy.
By Dan Steinhart, Casey Report: One thing’s for sure: the investment world is enamored with the new green industry. Over the last three months, the worst performer among the purest plays in the marijuana space soared 243%! But wait a minute....
By David Stockman: The fiasco between the Ukraine and Russia over the Crimea “has been morphing for centuries among the quarreling tribes, peoples, potentates, Patriarchs and pretenders of a small region that is none of our damn business.”
By Don Quijones: Europe’s elite seeks to completely redraw the continent’s political and economic map – with or without the consent of the people – taking the countries of Europe towards an arranged political marriage of convenience. Of the elite’s convenience.
By Dennis Miller: The Fed bailed out too-big-to-fail banks that made bad business decisions. It acknowledged its policies force seniors to put their life savings at risk. It blew a stock bubble that will eventually burst. And bankers are paid record bonuses. What gives?
By Ralph Dillon, Global Financial Data: In Washington, they are examining how to close the loopholes that Americans have used to avoid paying taxes. Loopholes for individuals. Multinational corporations? Business as usual. Lobbyists rule. Here is what it looks like.
By Michael Lombardi, MBA for Profit Confidential: Mainstream stock advisors are blowing air…telling us the U.S. economy is stalling due to cold weather. They say the economic chill caused by the cold weather this year is only temporary. I don’t believe this for a moment.
Data Breaches Couldn’t Get Worse? Now An Onslaught Of Attacks On Healthcare Networks And Even Devices
By 4bitNEWS.com: Networks and devices operated by US healthcare providers are suffering from an onslaught of attacks, putting patient data - the most valuable data on the black market - and patients themselves at risk.
By Nick Cunningham, Oilprice.com: Why are most of the damages of an oil spill, such as the BP Deepwater Horizon, picked up by taxpayers? A federal liability cap of a ludicrous $75 million, that’s why. Big oil loves that subsidy and thwarts efforts to raise it to realistic levels.
By Bryan Taylor, Ph.D., Chief Economist, Global Financial Data: Pepsi is one of the strongest brands in the world with a capitalization of $125 billion. But this wasn’t always the case. Pepsi was on the verge of bankruptcy during its first forty years of business.