Economy 10-2-10

October 2nd, 2010

(SchiffReport) – Video: Gold, dollar, markets, the Fed, inflation, Rahm – Peter Schiff – View Video Here

(InfoClearingHouse) – The Neoliberal Experiment and Europe’s anti-Austerity Strikes: Governments must Lower Wages or Suffer Financial Blackmail – Michael Hudson – Read More Here

(HuffingtonPost) – Wall Street Brings Class War to America?

Wall Street billionaires have more money than they’ll ever be able to use–at a time when more than 29 million of us don’t have that most basic necessity, a full-time job. A hidden class war got us to this point. It’s not hidden anymore. Read More Here

(TheComingDepression) – The Proof Is In The Numbers: America Is Getting Poorer

The U.S. economy is in deep, deep trouble and the proof is in the numbers. The following are 12 statistics that reveal just how far the standard of living in America is declining…. Read More Here

(Bloomberg) – Some 3,000 Millionaires Claim Jobless Benefits, IRS Data Show – Read More Here

(WashPost) – Bank of America Delays Foreclosures in 23 states – Read More Here

(GoldMoney) – Former Fed Chief Volcker Says Financial System is Insolvent and Broken – Read More Here

(FoxBusiness) – Video: FED Pushing Dollar Down – View Video Here

(ZeroHedge) – Federal Reserve to Become Largest Holder of U.S. Debt in Just Over a Month? – Read More Here

(Guardian) – Iceland’s politicians forced to flee from angry protesters

Thousands take to the streets of Reykjavik as anger erupts over the impact of the financial crisis Read More Here


(SeattleTimes) – Winter could be a whopper, forecasters say

The most intense La Niña conditions since 1955 are brewing near the equator, raising the odds of a wild winter in the Pacific Northwest. Meteorologists say more rain, colder temperatures and bigger snowstorms are likely. Read More Here

(Reuters) – Bin Laden criticizes Pakistan relief, urges climate action

Osama bin Laden criticized relief efforts in Pakistan and called for action against climate change in what appeared to be a new audio tape from the al Qaeda leader issued on Friday in an Islamist forum. Read More Here


Video: Bob Chapman’s Friday Economic Report: America Is Getting Poorer! – Alex Jones Tv

Alex also talks to regular guest Bob Chapman of the International Forecaster about the economy and related issues. Alex covers the latest news and takes your calls.

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