In a reversal of the smidgen of accountability forced on Bank of America for its role in the 2008 financial crisis, a U.S. appeals court threw out a jury’s verdict — and with it, the $1.27 billion fine BoA would have paid for mortgage fraud. Though the Department of Justice had alleged Countrywide Financial Corp., Read More…
Economy
The Facts Show These Five Families Rule the World
As you begin to understand world governments don’t have your best interests in mind — that enemies of the State could more aptly be called enemies of the globe’s corporate and banking elite — power comes sharply into focus. Those who actually hold the power control the world’s economies, and it’s clear the fates of Read More…
The US War Machine’s Annual Budget Could Buy Every Homeless American a $1 Million Home
Washington, D.C. – In 2015, the United States spent more on its war machine than the next six countries combined, with a total of $596 billion spent on military expenditures. This week the U.S. House of Representatives passed its version of the annual National Defense Authorization Act (NDAA), with roughly $602 billion slated to be spent Read More…
The Big Boys Of Finance Shorting The Market And Moving Into Gold
As we at The Last American Vagabond have covered many times, the stock market is extremely overvalued, incredibly risky, and could crash at anytime. Most people have seen The Big Short and think that 2008 was an isolated incident, yet have no idea that the current economic standing of the world is in a very similar position. Read More…
The Census and the National Debt – Keeping the Slaves on the Plantation
“I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is now controlled by its system of credit. We are no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a Read More…
As Wealthy Surge, U.S. Poor and Middle Class Income Has Gone Backward
Poorer households saw their income drop from a median of $26,373 in 1999 to $23,811 in 2014, according to new research Middle and low-income households in the U.S. made less money in 2014 than they did in 1999 as the middle class lost ground in almost 90 percent of the country’s metropolitan areas, a new Read More…






