Even Mark Zandi Admits It: Auto Loan “Credit Quality Is Eroding Now, And Pretty Quickly”

Just 2 days after President Obama reflected on his glorious ‘save’ of the US auto industry – forgetting to explain how so much of this ‘buying frenzy’ has been predicated on massive low-quality-borrower-based credit extensions – The Wall Street Journal bursts the bubble of ‘contained-ness’. Auto loan delinquency rates are surging to levels not seen since 2008 and stunningly, more than 8.4% of borrowers with weak credit scores who took out loans in the first quarter of 2014 had missed payments by November. As even glass-half-full-status-quo-hugger Mark Zandi is forced to admit, “It’s clear that credit quality is eroding now, and pretty quickly.” As The Wall Street Journal reports, Borrowers who took out auto loans over the past year are missing payments at the highest level since the recession, fueling concerns among regulators, analysts and some in the car industry that practices that helped boost 2014 light-vehicle sales to […] Read More

The American Public: A Tough Soldier Or A Chicken Hawk Cowering In A Cubicle?

Submitted by Mike Krieger of Liberty Blitzkrieg blog, You gotta love the American public sometimes. For a mass of people so easily terrified by guys in caves funded and armed by our intelligence services and “allies” in the Persian Gulf, the same public talks with such armchair bravado when it comes to launching bombs from drones and sending other people’s children to die. Makes you wonder though, which one is it? Is the American public actually the tough guy soldier it pretends to be when cheering overseas military interventions, or is it really a scared, propagandized, coward hiding in one of our nation’s endless cubicle rows? Unfortunately, based on recent opinion polls demonstrating approval for military action against ISIS, it appears to be the latter. The former is merely a front put on by that terrified, economically insecure, silently suffering automaton. I really wish this weren’t the case. “ISIS as the new enemy” is a meme that has made me […] Read More

ISIS Threatens Putin, Caliphate In Chechnya; Kadyrov Responds “You Will Be Destroyed”

ISIS threats, it would appear, are not limited to President Obama and his American allies. RIA is reporting that Russian leaders are seeking to cut access to an ISIS video posted that threatens Putin (for ties to Assad), and plans to liberate (via Caliphate) Chechnya, and calls the Chechnyan leader, Ramzan Kadyrov, a Putin puppet. The Chechnya leader took to Instagram to respond slamming “these bastards have no relation to Islam,” and exclaiming if they try to threaten Russia or Chechnya “you will be destroyed.” Via Memri, Vladimir Putin was directly and personally threatened by extremist Islamic terror group ISIS because of his close ties to Syrian leader Bashar Hafez al-Assad, and will liberate Chechnya and Caucasus…   Via Ramzan Kadyrov’s Instagram, Terrorists from Syria, who call themselves “Islamic state”, expressed the children’s threat to go to war in Chechnya and the Caucasus. They say only what they charge […] Read More

2014: High-Level NSA Whistleblower Says Blackmail Is a Huge – Unreported – Part of Mass Surveillance

It is well-documented that governments use information to blackmail and control people. The Express reported last month: British security services infiltrated and funded the notorious Paedophile Information Exchange in a covert operation to identify and possibly blackmail establishment figures, a Home Office whistleblower alleges. *** Whistleblower Mr X, whose identity we have agreed to protect, became a very senior figure in local government before retiring a few years ago. *** He has given a formal statement to that effect to detectives from Operation Fernbridge … *** “And he said [the pedophile group] was being funded at the request of Special Branch which found it politically useful to identify people who were paedophiles….” Section 11 of the Criminal Law Amendment Act 1885 made gross indecency a crime in the United Kingdom, which included male gay sex.  The Amendment was so frequently used to blackmail gay Brits that it was dubbed […] Read More

Norad Admits F-22 Fighter Jets Intercepted 4 Russian Bombers 50 Miles Off California Coast

“At the height of the Cold War I do not remember them getting this close,” notes a retired Air Force Lt. Gen. as The Washington Free Beacon reports that four Russian strategic bombers triggered U.S. air defense systems while conducting practice bombing runs near Alaska this week, with two of the Tu-95 Bear H aircraft coming within 50 miles of the California coast, the North American Aerospace Defense Command (Norad) confirmed Wednesday. Two U.S. Air Force F-22 jets were scrambled and intercepted the bombers over the Aleutians but the remaining two nuclear-capable bombers then flew southeast and entered the U.S. northern air defense zone off the coast of Northern California, before 2 more F-15s were scrambled. As House Armed Services Committee member Connaway ranted, “truth of the matter is we would have squashed either one of those [bombers] like baby seals.” As The Washington Free Beacon explains, Four Russian […] Read More

The Secret Back Story to Russia and Ukraine that Americans Never Learned In School

Preface:  We believe that Soviet communism was an abomination.  Stalin was certainly a tyrant: he killed countless political enemies or threw them into insane asylums.   We also have littler tolerance for useful idiots who defend communism as a force for good.  In short, we hate Soviet era communism. And Putin also runs Russia like it’s his plaything, with little regard for the desires of his people. But U.S. warmongers have also been hyping the Russian threat with self-serving lies – and committing atrocities and telling lies – for some 70 years.  As an American, my concern is keeping America from destroying itself.  And – unless we learn our history – we could get in a lot of trouble. America Launched the Cold War Even Before World War II Had Ended Joseph Stalin and the Soviets were key in helping the U.S. to defeat the Nazis.  20 million Russians died […] Read More

Obama Secret Service Agent: “It’s Worse Than People Know… And I’m Not Trying To Scare You Either”

By Mac Slavo SHTF plan You may have your suspicions about what’s going on behind closed doors at the White House. But according to one of President Obama’s former body guards it’s much worse than we can even imagine. Dan Bongino has protected numerous Presidents over his career, including President Obama. He has been within ear-shot of many a discussion in the Oval Office, but up until this administration has stayed out of the lime light. Apparently, however, the activities of this administration are so abhorrent that he could no longer keep quiet. Bongino is so upset with what he witnessed that he is now running for Congress because he feels it’s the only way to take America back from the sycophants who have made every effort to enrich themselves with money and power at the expense of the American people. How bad is it? We’re in a lot of […] Read More

2013: Obama Wants You To Ignore Bloggers, “Talking Heads,” And Activists

Lily Dane The Daily Sheeple President Obama held a news conference to share his thoughts on the budget deal. In the midst of his dramatic rhetoric about “manufactured crises”, “folks who pushed for the shutdown”, and “the spectacle that we’ve seen these past several weeks”, he slipped in this little gem: Now that the government has reopened and this threat to our economy is removed, all of us need to stop focusing on the lobbyists, and the bloggers, and the talking heads on radio and the professional activists who profit from conflict, and focus on what the majority of Americans sent us here to do. Here’s a clip: We already knew that Obama isn’t a fan of the First Amendment or the free press. In fact, American constitutional experts say that Obama is worse than Nixon when it comes to press freedom. According to a new report by the Committee to Protect Journalists called The Obama […] Read More