(SJLendman) - December 23, 1913 will live in infamy. Three days before Christmas, House members passed the Federal Reserve Act (FSA).
On December 23, Senate members did so. President Woodrow Wilson was a tool of big money. He was JP Morgan’s man in Washington. He signed FSA into law straightaway. He acted disgracefully. Read the rest of this entry »
(RINF) – Scotland plans to introduce a new highly intrusive database that will record every citizen’s personal details from “cradle to grave”, it emerged this week.
The Data Sharing and Linking Service (DSLS), the world’s most intrusive database, is scheduled to go live in December and will begin logging and monitoring the name, dates of birth, genders and postcodes for everyone in Scotland, including health records, maternity details, mental health, cancer, GP and even dental notes. Read the rest of this entry »
(RawStory) – A US cruise missile carrying cluster bombs was behind a December attack in Yemen that killed 55 people, most of them civilians, Amnesty International (AI) said on Monday.
The London-based rights group released photographs that it said showed the remains of a US-made Tomahawk missile and unexploded cluster bombs that were apparently used in the December 17, 2009 attack on the rural community of Al-Maajala in Yemen’s southern Abyan province.
“Amnesty International is gravely concerned by evidence that cluster munitions appear to have been used in Yemen,” said Mike Lewis, the group’s arms control researcher. Read the rest of this entry »
(MontrealGazette) – Starting in December, passengers on Canadian airlines flying to, from or even over the United States without landing there will be allowed to board the aircraft only after the U.S. Department of Homeland Security has determined they are not terrorists. Read the rest of this entry »
German economic expectations deteriorated in February, indicating the economic recovery isn’t gaining any significant momentum. Read More Here
(MSNBC) – China cuts holdings in U.S. treasuries
The government said Tuesday that foreign demand for U.S. Treasury securities fell by the largest amount on record in December with China reducing its holdings by $34.2 billion. Read More Here
(NewsWithViews) – Congress Refuses to Bring Home Millions of Jobs
I was in Denver recently. As I refuse to fly commercial, I drive. From Big Spring, Texas, where I live, to Denver and back, the number one subject of discussion is jobs. People are very afraid; you can see it in their eyes and hear it in their voice as they say, “I thought we were in a recovery.” Read More Here
(ABC) – Food Stamps Create Jobs… in India
Several States With High Unemployment Are Outsourcing Food Stamp Services Read More Here
(FinancialTimes) – Lone voice warns of debt threat to Fed
The US must fix its growing debt problems or risk a new financial crisis, Thomas Hoenig, president of the Federal Reserve Bank of Kansas City, warned on Tuesday, adding a mounting deficit could spur inflation. Read More Here
(MSNBC) – Rising tide of suburban homeless across U.S.
Homelessness in rural and suburban America is straining shelters this winter as the economy founders and joblessness hovers near double digits — a “perfect storm of foreclosures, unemployment and a shortage of affordable housing,” in one official’s eyes. Read More Here
(MailOnline) – One in ten ‘underemployed’ as record 2.8m workers are trapped in part-time jobs
A record 2.8million workers are trapped in unsatisfying or lowly paid part-time jobs. Read More Here
Wow, I think I woke up on a different planet this morning. There has been economic crashes, rumors of crashes, but damn man some huge players are saying “IT IS GOING TO CRASH.” One heavy weight to check in is Barton Biggs, former head of Morgan Stanley who says here and I quote “Insure yourself against war and disaster by buying a remote farm or ranch and stocking it with “seed, fertilizer, canned food, wine, medicine, clothes, etc. because tshtf is coming.” Read More Here
(AP) – Report: Hawaii hotels lost $741M last year
A new report says hotels in Hawaii lost $741 million last year, $1.1 billion since the tourism slump began in 2008 Read More Here
(RawStory) – China’s holding of US Treasuries tumbles
China’s holding of US Treasury bonds has tumbled, according to US Treasury data released Tuesday, after Beijing expressed concern over the swelling US deficit and amid new US-China tensions. Read More Here
(AP) – Foreigners cut Treasury stakes; rates could rise
A record drop in foreign holdings of U.S. Treasury bills in December sent a reminder that the government might have to pay higher interest rates on its debt to continue to attract investors. Read More Here
(Reuters) – U.S. consumers curbed their Christmas spending in December and more people filed claims for jobless benefits last week, casting fresh doubts on whether the economic recovery can last once government support fades. Read the rest of this entry »
According to the Rutgers University Global Snow Lab, last month had the second greatest December Northern Hemisphere snow cover since records were started in 1966. Snow extent was measured at 45.86 million sq. km, topped only by 1985 at 45.99 million sq. km. North America set a record December extent at 15.98 million sq. km, and the US also set a December record at 4.16 million sq. km. Read the rest of this entry »
(LondonTel) – December was the worst month for US unemployment since the Great Recession began.
The labour force contracted by 661,000. This did not show up in the headline jobless rate because so many Americans dropped out of the system. The broad U6 category of unemployment rose to 17.3pc. That is the one that matters. Read the rest of this entry »
(RawStory) – The US economy lost 85,000 jobs in December while the unemployment rate held at 10.0 percent, the government said Friday in a report dashing hopes of a turnaround in the ailing labor market. Read the rest of this entry »
The race for the Christmas number one officially kicked off Sunday night (Dec. 13) when ‘X Factor’ contestant Joe McElderry beat Olly Murs to win this year’s edition of the talent contest. Yet despite Simon Cowell‘s plans to install the 18-year-old at the peak of this year’s Yuletide charts with his cover of Miley Cyrus‘ ‘The Climb,’ Rage Against The Machine‘s ‘Killing in the Name Of’ is currently occupying the top slot in both the HMV and iTunes download charts. Read the rest of this entry »
(MSNBC) – More than half of the nation’s unemployed workers have borrowed money from friends or relatives since losing their jobs. An equal number have cut back on doctor visits or medical treatments because they are out of work. Read the rest of this entry »
Mr. Speaker thank you for holding these important hearings on US policy in Afghanistan. I would like to welcome the witnesses, Ambassador Karl W. Eikenberry and General Stanley A. McChrystal, and thank them for appearing before this Committee. Read the rest of this entry »
(RussiaToday) – Ben Bernanke is on the Hill for reconfirmation hearings. Given the situation of the U.S. economy and the state of the dollar, should he be reappointed? Gerald Celente says no way. Read the rest of this entry »
(NYT) – Every day, the critical December summit in Copenhagen grows closer. All agree that climate change is an existential threat to humankind. Yet agreement on what to do still eludes us. Read the rest of this entry »
On July 4, 1776, with the stroke of a pen, our Republic was founded when the Declaration of Independence was signed. On December 7, 2009, with another stroke of the pen, our Republic might come to end. Read the rest of this entry »