(HigginsBlog) – Nearly one week after Italy’s BNI froze their customer’s accounts an Italian news source finally confirms that the accounts of thirty thousand customers have been frozen. Read the rest of this entry »
EPA will enforce disastrous measures by dictatorial fiat
(PaulWatson) – Barack Obama’s 2008 promise to “bankrupt” the coal industry is now coming to fruition with the EPA’s announcement of crippling CO2 emission limits on new plants that will effectively block the building of any new coal plants in the United States, accelerating the move towards total deindustrialization. Read the rest of this entry »
(PaulWatson) – Globalists representing 60 nations will meet at the UN this coming week to push a tax on world financial transactions in the name of solving poverty and climate change, formally launching a massive program to bankrupt the middle class and enrich the coffers of global government. Read the rest of this entry »
Obama’s “end of Iraq war” speech must have shattered any remaining belief in him. Forced to appease both his supporters and the warmonger right-wing, who denounce him as a Muslim and a Marxist, Obama resorted to Orwellian DoubleSpeak. He could only announce an end to the war by praising the president who started it and the troops who fought it. Yet, as most earthlings, if not Americans, surely know by now, the war was based on a lie and on intentional deception. The American troops died for a lie. Read the rest of this entry »
(RussiaToday) – May 27 – This time Max Keiser and co-host Stacy Herbert look at the scandals of guillotines and conspiracy theories, Fed rackets and capital flows. In the second half of the show, Max interviews Dr. Joern Berninger about the European “debt crisis”, when France was “technically bankrupt” on May 7, and about the China bubble debate. Read the rest of this entry »
(May 24) – Alex talks with attorney and author Christopher C. Horner, a Senior Fellow at the Competitive Enterprise Institute. Mr. Horner has represented CEI as well as scientists and members of the U.S. House and Senate on matters of environmental policy in the federal courts including the Supreme Court. He writes for legal and industrial trade journals and online opinion pages. Mr. Horner is the author of two best-selling books: Red Hot Lies: How Global Warming Alarmists Use Threats, Fraud and Deception to Keep You Misinformed and The Politically Incorrect Guide to Global Warming and Environmentalism, which spent half of 2007 on the New York Times bestseller list. His latest book is Power Grab: How Obama’s Green Policies Will Steal Your Freedom and Bankrupt America. Read the rest of this entry »
(May 24) – Alex talks with attorney and author Christopher C. Horner, a Senior Fellow at the Competitive Enterprise Institute. Mr. Horner has represented CEI as well as scientists and members of the U.S. House and Senate on matters of environmental policy in the federal courts including the Supreme Court. He writes for legal and industrial trade journals and online opinion pages. Mr. Horner is the author of two best-selling books: Red Hot Lies: How Global Warming Alarmists Use Threats, Fraud and Deception to Keep You Misinformed and The Politically Incorrect Guide to Global Warming and Environmentalism, which spent half of 2007 on the New York Times bestseller list. His latest book is Power Grab: How Obama’s Green Policies Will Steal Your Freedom and Bankrupt America. Read the rest of this entry »
This time Max Keiser and co-host Stacy Herbert look at the scandals of perfect trading days; PIIGS flying only to fall to earth five minutes later when markets realize the Euro-Tarp financiers are themselves bankrupt debt pigs; and Max Keiser explains high frequency terrorism in the Manchurian candidate markets. In the second half of the show, Max interviews post-neoclassical economic philosopher Damon Vrabel about the European bailout, the financial empire and the IMF, and how the right kind of republic can provide some solutions.
(RawStory) – After Fox News analysts spent most of Friday defending Arizona’s bill to target illegal immigrants, Judge Andrew Napolitano offered a different take on the controversial measure. Read the rest of this entry »
The government leads you to believe that we are in an economic recovery…however it is actually the total opposite. A depression and inflation are what the US is looking forward to. Read the rest of this entry »
(TheComingDepression) – Here’s a trick used by bankers, states trying to add debt without getting voter approval and companies like Enron or Worldcom — and we know how that worked out (they both went bankrupt and their executives charged with fraud). This from the New York State Comptroller (hat tip to our of our viewers): Read More Here
Home loan delinquency rates in the United States have now surpassed 10 percent, Lender Processing Services (LPS) reported this week. Read More Here
(CBOnline) – Fitch: Delinquencies for commercial mortgage backed securities rise in January
Delinquencies for commercial mortgage-backed securities rose in January, fueled by increases in five main property types for the fifth straight month, Fitch Ratings said Friday. Read More Here
Video: Financial Collapse 2010 – Repetition of the 29 Depression – Video Link Here
(HeraldSun) – World bankers meet in Sydney as recovery fears intensify
THE world’s top central bankers began arriving in Australia for high-level talks as renewed fears about the strength of the global economic recovery gripped world share markets. Read More Here
It’s one of those numbers that’s so unbelievable you have to actually think about it for a while… Within the next 12 months, the U.S. Treasury will have to refinance $2 trillion in short-term debt. And that’s not counting any additional deficit spending, which is estimated to be around $1.5 trillion. Put the two numbers together. Then ask yourself, how in the world can the Treasury borrow $3.5 trillion in only one year? That’s an amount equal to nearly 30% of our entire GDP. And we’re the world’s biggest economy. Where will the money come from? Read the rest of this entry »
State Controller John Chiang issued a stern warning Friday about California’s cash reserves, telling legislative leaders and Gov. Arnold Schwarzenegger they must act on nearly $9 billion in budget cuts the governor is seeking by March — or the state will run out of cash to pay its bills. — Denis C. Theriault Mercury News – Read the rest of this entry »
Corporate forces, long before the Supreme Court’s decision in Citizens United v. Federal Election Commission, carried out a coup d’état in slow motion. The coup is over. We lost. The ruling is one more judicial effort to streamline mechanisms for corporate control. It exposes the myth of a functioning democracy and the triumph of corporate power. But it does not significantly alter the political landscape. The corporate state is firmly cemented in place. Read the rest of this entry »
(HuffingtonPost) – Geithner Warns That Markets Could Dive If Bernanke Is Not Reconfirmed
Treasury Secretary Tim Geithner, in a recent interview with Mike Allen of Politico warned that the financial markets could react negatively if Fed Chairman Ben Bernanke isn’t confirmed for a second term. (READ Politico’s full story here.) Read More Here
Im probably going to pull this video soon. It has created too much confusion. One of the schools of Left-Libertarianism is Mutual who believe in free-markets. While I am not a Mutualist, I didnt mean to exclude their thoughts on the subject. I keep getting the comment that Im confusing free-markets with corporatism. This is not true. The other thing people have said is that a free market would exist with laws. Yes, of course. When I made the video I was unfamiliar with YT. Crazy me, I thought most of the people here would be Republicans and Democrats. That was my target audience. Read the rest of this entry »
(LATimes) – Small-business bankruptcies rise 81% in California
With credit tight and consumers still pinching their pennies, many business owners find they can’t go on. Read More Here
“Monetary Policy” Transfers Your Children’s Future Earnings to the Financial Elite
The bail-out of Wall Street and the banking and mortgage industries is not monetary policy; it is a massive transfer of wealth from future taxpayers to the Financial Power Elite. Read More Here
(MailOnline) – 27,000 firms go bust (and the same again are at risk)
More businesses have gone bust in the current recession than in any other since records began, figures show. Read More Here
(MailOnline) – £10bn of rip-off overdraft charges won’t be refunded
Banks will be able to keep £10billion from rip-off overdraft charges after the Office of Fair Trading abandoned a legal challenge yesterday. Read More Here
(RussiaToday) – Video: 9/11 heroes in life-struggle as Obama signs multi-billion war bill
President Obamas plan to pump more than six hundred billion dollars into U.S. defense next year has outraged many Americans. Rescuers whose health suffered after working at Ground Zero say the government should pay for their medical care – not pour more money into war. Video Link Here
(ABCNews) – Barack Obama has made a guarantee. During an interview with ABC’s Charles Gibson, Obama guaranteed that the U.S. federal government will go bankrupt if the health care reform bill he is pushing does not get passed. Of course he failed to mention that the health care reform bill will actually cost U.S. taxpayers hundreds of millions of dollars in the coming years. Where in the world is all of that money going to come from? Read the rest of this entry »
(Nov 19) – John Perkins, author of Hoodwinked and Confessions of an Economic Hit Man, blames Iceland’s economic collapse on the tactics of economic hit men from multi-national corporations. Read the rest of this entry »
(PaulWatson) – Having been forced to cancel his speech at the Copenhagen summit, carbon billionaire Al Gore found the time to leave the comfort of his 20 bedroom power-guzzling mansion to address the Climategate scandal, before letting loose another deluge of lies and spin in defense of his collapsing global warming fraud. Read the rest of this entry »
It’s one of those numbers that’s so unbelievable you have to actually think about it for a while… Within the next 12 months, the U.S. Treasury will have to refinance $2 trillion in short-term debt. And that’s not counting any additional deficit spending, which is estimated to be around $1.5 trillion. Put the two numbers together. Then ask yourself, how in the world can the Treasury borrow $3.5 trillion in only one year? That’s an amount equal to nearly 30% of our entire GDP. And we’re the world’s biggest economy. Where will the money come from? Read the rest of this entry »
(Independent) – Dubai is finally financially bankrupt – but it has been morally bankrupt all along. The idea that Dubai is an oasis of freedom on the Arabian peninsular is one of the great lies of our time. Read the rest of this entry »
It always struck me as odd that just before all wars start, the people who have been asked to wage these wars say they don’t want to fight, and insist they want peace. And as a result, all the politicians say they’re for peace, and would never get us into war, especially one in which we had no obvious stake. Then the wars start. Read the rest of this entry »
(CNBC) Not much optimism from one of CNBC’s favorite bulls. Yet even Costa is wrong about today’s market direction as 7 shares of SPY move the market up by almost half a percent. In the meantime, the gold creep higher continues.
(CNBC) Not much optimism from one of CNBC’s favorite bulls. Yet even Costa is wrong about today’s market direction as 7 shares of SPY move the market up by almost half a percent. In the meantime, the gold creep higher continues.
Financial insider and commentator Yves Smith wrote an essay last week entitled “MSM Reporting as Propaganda” arguing that the government has been using propaganda to make people think that things are getting better, no one is angry, and – therefore – no one should get upset: Read the rest of this entry »
Fall Of The Republic documents how an offshore corporate cartel is bankrupting the US economy by design. Leaders are now declaring that world government has arrived and that the dollar will be replaced by a new global currency. Read the rest of this entry »
Autumn 2012, the “Greatest Depression” has spread worldwide. Billions are unemployed, homeless and desperate. Countries bankrupt, trade pacts broken, tariffs rise, borders close. Read the rest of this entry »
Hyperinflation Nation – NIA – National Inflation Association – Inflation.US
The National Inflation Association is an organization that is dedicated to preparing Americans for hyperinflation and helping Americans not only survive, but prosper in the upcoming hyperinflationary crisis. Read the rest of this entry »
(Bloomberg) – New York University Professor Nouriel Roubini said stock markets may drop and billionaire George Soros warned the “bankrupt” U.S. banking system will hamper its economy, highlighting doubts about the sustainability of the global recovery. Read the rest of this entry »
In fact, my forecast is for systemic failure. Its primary elements will be a failed US banking system (as in seizure) and a USTreasury Bond default (as in coerced restructure). Again, martial law and declaration of economic emergency will be the final solution. The prison camps will become debtor prisons and warehouses for illegals, maybe a processing plant for those who refuse virus vaccination. Read the rest of this entry »
(Guardian) – California may be the eighth largest economy in the world, but its state staff are being paid in IOUs, unemployment is at its highest in 70 years, and teachers are on hunger strike. So what has gone so catastrophically wrong? Read the rest of this entry »
(Guardian) – California may be the eighth largest economy in the world, but its state staff are being paid in IOUs, unemployment is at its highest in 70 years, and teachers are on hunger strike. So what has gone so catastrophically wrong? Read the rest of this entry »