(KurtNimmo) – Safe-haven demand for gold has pushed prices higher on the Comex. Kitco reports December gold traded up $5.10 at $1,731.10 an ounce and spot gold was quoted down $1.40 at $1,731.25. Read the rest of this entry »
(RussiaToday) – In this episode, Max Keiser and Stacy Herbert demonstrate the effects of money printing and Central Bank madness with a hyperinflationary chicken. They also discuss the Securities and Exchange Commission losing its mind as it sues the one rating agency NOT on the payroll of Wal Street. Read the rest of this entry »
(KurtNimmo) – The price of gold shifted higher late last week as investors looked at the precious metal to stave off inflation expected in the wake of yet another QE “stimulus” move by the Federal Reserve. Read the rest of this entry »
(CNBC) – In one of the most bullish gold calls since the Federal Reserve announced a new round of easing last week, one strategist sees a 36 percent jump in the metal’s price, to $2,400 an ounce, by the end of 2014. Read the rest of this entry »
See Also: (Reuters) – Harvard Study Finds Fluoride Lowers IQ – Published in Federal Gov’t Journal – Read More Here
Also: (Grist) – Big Food puts its back into fighting GMO labeling in California – Read More Here
(AJC) – Dr. Gold brings his diverse background to the air and voices his opinions on politics, the economy, world issues and other hot-button topics. Dr. Gold brings tremendous passion and energy to the Cory Gold Show. Read the rest of this entry »
(RussiaToday) – In this episode, Max Keiser and co-host, Stacy Herbert, discuss all hell breaking loose as an electronics chain store stockpiles security shutters, capital flees Greece (and Spain) and Max proposes a love market. In the second half of the show Max talks to Detlev Schlichter, author of Paper Money Collapse, about the euro, the drachma, the dollar and gold. Read the rest of this entry »
(HigginsBlog) – India is helping Iran to break the petrodollar monopoly by using gold to sidestep US and EU sanctions which could mark the end of the dollar as the global reserve currency.
More nation’s are defying western backed sanctions against Iran and continuing to import Iranian goods. Read the rest of this entry »
(Sartre) – Remember the real reason why Moammar Gadhafi is dead. He dared to propose and started creating an alternative currency to the world reserve U.S. Dollar. The lesson learned in Libya is now ready for teaching in Iran. Forget all the noise about going nuclear, the true message is that the banksters rule and nation states serve their ultimate masters. The hype and disinformation that surrounds the push for war is best understood by examining the viewpoint of Iranian MP Kazem Jalali. The Tehran Times quotes him in saying, Read the rest of this entry »
Have you ever thought about getting your food out of a trash can? Don’t laugh. Dumpster diving has become a hot new trend in America. In fact, dumpster divers even have a trendy new name. They call themselves “freegans”, and as the economy crumbles their numbers are multiplying. Read More Here
(CNBC) – US Economy Goes From Bad to Worse: Economist – Read More Here
(CTV) – U.S. Census Highlights Financial Toll Recession Has Claimed – Read More Here
(JoeMiller) – Maxine Waters is Right: Obama’s Jobs Plan Stinks – Read More Here
(ReadyNutrition) – The 13 Signs of a Societal Collapse – Read More Here
(Guardian) – Unemployment Rises Above 2.5m Milestone – Read More Here
(InternationalForecaster) – New Risks For A Market Already Under Great Stress – Bob Chapman – Read More Here
(ZeroHedge) – A Declassified Jon Huntsman On China’s Terror Of A Gold-Pegged Dollar – Read More Here
(Reuters) – UBS Trader in $2 Billion Loss on Unauthorized Trade – Read More Here
(PrudentInvestor) – First Anti-Euro Protest in Front of the ECB – Read More Here
(Reuters) – Gold tumbles as EU leaders reassure on Greece – Read More Here
(BusinessInsider) – World Central Banks Announce Big Coordinated Liquidity Push – Read More Here
(AlJazeera) – China buys gold, challenges US dollar
WikiLeaks cables allege that China is buying gold to weaken the US dollar’s supremacy as the world’s reserve currency. Read More Here
(SteveWatson) – Soros: Embrace Mass Centralization Of Power In Europe Or Face Another Great Depression
Elite old guard accelerate bold push for radical integration Read More Here
(KurtNimmo) – Larry Summers Pushes Public-Private Infrastructure Bank Scheme – Read More Here
(Reuters) – Moody’s cuts French banks as euro crisis deepens – Read More Here
(AFP) – Eurozone debt crisis could rip E.U. apart: officials – Read More Here
(ActivistPost) – Gold jumps again, could it lead to a unified European bond or a BRICS takeover? – Read More Here
(Bloomberg) – Obama Approval Plummets Among Americans Skeptical of Jobs Plan – Read More Here
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Climategate
(CNSNews) – Nobel Laureate Resigns From Society Because Of Its Global Warming Fear-Mongering – Read More Here
(PajamasMedia) – Gore’s 24 Hours of Fantasy About To Begin
Unfortunately for Al Gore, but fortunately for the rest of us, much of what we will hear in his 24 Hours of Reality extravaganza starting Wednesday evening is pure fantasy. Read More Here
(PaulWatsonAlexJones) – Al Gore: 24 Hours Of Bullshit
Gore himself is a living example of how global warming alarmism is built on hypocrisy and pseudo-science Read More Here
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(EconomicCollapse) – Poverty In America: A Special Report
America is getting poorer. The U.S. government has just released a bunch of new statistics about poverty in America, and once again this year the news is not good. According to a special report from the U.S. Census Bureau, 46.2 million Americans are now living in poverty. Read the rest of this entry »
(KurtNimmo) – For the sixth day in a row, the price of gold has skyrocketed. On Monday, the precious metal climbed to a 30-year high as fiat paper money values tumbled. Gold for immediate delivery rose as much as 0.3 percent to an all-time high $1,300.15 an ounce. Read the rest of this entry »
(TheNation) – “The Republican Pledge to Privatize Social Security” – Read More Here
(InfoClearingHouse) – Media Buries Reports on Financial Crime – Danny Schechter – Read More Here
(BusinessInsider) – David Rosenberg: Forget Gold $1300, It’s Going To $3000
Just because we hit that that big round-numbered milestone of $1300/oz this morning, don’t think that we’re at the peak of a gold bubble. That’s at least how David Rosenberg sees it: Read More Here
(Bloomberg) – Buffett to taxpayers: Get over your anger – Read More Here
(MarketOracle) – 30 Trillion for Quantitative Easing (QE) 2? It’s Time to Get Radical! – Read More Here
(NYSun) – Greenspan’s Warning on Gold – ‘It signals problems with respect to currency markets,’ he says. ‘Central banks should pay attention to it.’ – Read More Here
(MarketWatch) – August durable-goods orders drop 1.3% – Read More Here
(SilverBearCafe) – How High Will the Gold Price Go this Fall? – Read More Here
(IND) – Queen tried to use state poverty fund to heat Buckingham Palace – Read More Here
(WhoOwnsTheWorld) – “Queen Elizabeth II the largest landowner on Earth.” – The value of her land holding. £17,600,000,000,000 (approx). – Read More Here
(FinancialArmageddon) – ‘It’s Just Happening Spontaneously’ – View More Here
(ZeroHedge) – Dollar Hits All Time Low Against Swiss Franc – Tyler Durden
The USDCHD just printed at 0.9780, the lowest ever in history. The dollar obliteration, and the rush to safety away from the psychopaths of the Federal Reserve continues. Surely the destruction that the Fed is reaping everywhere will get investors to regain their confidence in what is now nothing more than a battlefield where the central bankers of the world can conduct their own little pissing contest while the HFT algos watch in awe and buy shit. Read More Here
Climategate
(PoorRichardsBlog) – Cap and Trade: A License Required for your Home
Beginning 1 year after enactment of the Cap and Trade Act, you won’t be able to sell your home unless you retrofit it to comply with the energy and water efficiency standards of this Act. H.R. 2454, the “Cap & Trade” bill passed by the House of Representatives, if also passed by the Senate, will be the largest tax increase any of us has ever experienced. Read More Here
Gold has continued its astronomical ascent, reaching a new record-breaking high of $1,300 an ounce today. This is the fourth day of record high gold prices.
Earlier in the week, the precious metal surged after Federal Reserve boss Bernanke said the banksters will provide extra “monetary stimulus” to boost the collapsing economy. Read the rest of this entry »
(PaulWatson) – Precious metal hits new record high as greenback plummets in reaction to expectation of Fed’s quantitative easing policy Read the rest of this entry »
(InternationalForecaster) – On Friday, September 10, 2010, Horizon Bank, Bradenton, FL was closed by the Florida Office of Financial Regulation and the Federal Deposit Insurance Corporation (FDIC) was named Receiver. No advance notice is given to the public when a financial institution is closed. Read the rest of this entry »
(InternationalForecaster) – Gold has again broken out to new highs and silver is on the cusp of doing so as well. Unfortunately more than 95% of the pundits were not on board; they believed it was going lower.
The fight for monetary supremacy between the dollar and gold for over the past 16 months has been won by gold and that is why gold is moving higher and the dollar lower. The recent intervention in the currency markets by Japan, ostensibly to weaken the yen, assisted by the US and foreign central banks, won’t strengthen the dollar for any appreciable period of time. The US dollar has broken down and there is no going back. Read the rest of this entry »
(GATA) – On September 15 former Federal Reserve Chairman Alan Greenspan made a speech to the Council on Foreign Relations. Some very interesting comments he made with respect to gold in response to a question were reported in an editorial in yesterday’s New York Sun, “Greenspan’s Warning on Gold”:
On this occasion Greenspan, who has been famous for gobbledygook that leaves the audience guessing what he meant, did not mince his words. He said, “Fiat money has no place to go but gold.”
He further commented that “if all currencies are moving up or down together, the question is: relative to what? Gold is the canary in the coal mine. It signals problems with respect to currency markets. Central banks should pay attention to it.” Read the rest of this entry »
(Kitco) – U.S. Rep. Ron Paul , R-Tex., plans to introduce a new bill next year that will allow for an audit of US gold reserves, he told Kitco News in an exclusive interview.
Paul dropped the news in the interview, indicating that the bill still does not have an official name yet but will be unveiled at the start of the new U.S. Congress.
“If there was no question about the gold being there, you think they would be anxious to prove gold is there,” he said of the Federal Reserve. Read the rest of this entry »
(Goldseek) – Ron Paul talks to Chris Waltzek on GoldSeek Radio. Topics of discussion include the Financial Reform Bill, competing currencies, the gold price, and 2012. Read the rest of this entry »
(Goldseek) – Ron Paul talks to Chris Waltzek on GoldSeek Radio. Topics of discussion include the Financial Reform Bill, competing currencies, the gold price, and 2012. Read the rest of this entry »
(Trends&ForecastsBlog) – Gerald Celente believes that the stock market will crash before the end of 2010 , gold will soar. When gold was at $275 per ounce in 2002, Celente said the price had bottomed and in 2004 forecast the beginning of the “Gold Bull Run.” Since that time, with pinpoint accuracy, he said when, why – and how high – gold would go. Gerald Celente sees huge opportunities in green healthy food , technology for the poor and in rejuvenating the cities with quality architecture…, Gerald Celente as always recommends gold Canadian dollar the Swiss franc as hedges against the inflation. Read the rest of this entry »
On June 5th, 1933, Franklin Delano Roosevelt signed into law the Emergency Banking Act which declared America bankrupt and insolvent. Twenty years after the 1913 Federal Reserve Act authorized a private central bank to loan money to the government at interest, the country declared its bankruptcy. Twenty years after the Federal Reserve Act was passed, Congress enacted House Joint Resolution 192, to “Suspend the Gold Standard and Abrogate the Gold Clause” and the nation became insolvent. Just twenty years after the Federal Reserve Act became law, gold at twenty dollars an ounce was inflated by FDR to twenty-nine dollars an ounce, confiscated with the passing of the Gold Reserve Act in 1934, and then inflated again to thirty-five dollars an ounce. Read the rest of this entry »
(TheLibertyVoice) – They have passed the health bill, they have passed the financial regulations bill and they have snuck stuff into the stimulus package bills. They are going to track your money and your body. Here’s the first few things they are doing. This is step one. It will only get worse from here.
According numismaster.com:
…the Health Care Bill mandates, according to Numismaster.com, Starting on January 1st in 2012, S federal law will require coin and bullion dealers to report to the Internal Revenue Service all gold and silver coin purchases and sales greater than $600.
No that is not an error, they tacked the gold coin tracking regulations into the health bill. They are just tacking stuff on wherever they can.
As for your body, you will be required to have an “electronic health record”, by 2014. They snuck this into one of the “stimulus” bills. The electronic record will include an obesity rating. The information will be required to be on a “national exchange” with only secure access (Hah!). Why the F does your obesity rating have to be on a national exchange? This is a tip off to how micro-managed they are going to attempt to run your life.
Keep in mind that the health bill and financial “reform” bill are thousands of pages, with much of the details left up to the new agencies to fill in. Obama is appointing major league interventionists to head these agencies. They are completely clueless as to how an economy works. Their regs will be over the top. It will stifle America in so many ways, it is difficult to imagine. I was in East Berlin the year before the Wall came down. I saw what constant monitoring and micro-management did to people. It is not pretty. The gray, the drab, the despair was everywhere. When you can only take orders and wait for approvals and are constantly watched, it saps the life out of you. America is going to be changing and the government is going to try and watch you and monitor your vitals, as if you were a lab rat, as it does the changing.
(FinanceMyMoney) – Controlling the wealth of America – top 1 percent control 83 percent of U.S. stocks. As a share of personal income mortgage debt ate up 19 percent in 1949. In 2003 it went up to 85 percent. 80 percent of Americans 65 years and older depend on Social Security for half of their income – Read More Here
(Bloomberg) – Romanian Recession Deepens on Cuts, BOA Merrill Says – Read More Here
(247WallSt) – American Credit Scores Crash To New Lows – Read More Here
REPOST - (CNNMoney) – Central banks start to abandon the U.S. dollar – Read More Here
(PaulWatson) – American Idolatry Intensifies as Nation Sinks in to Depression
Programmed zombies get hysterical about basketball while their future is being destroyed Read More Here
(ZeroHedge) – Berlin Pushing For European Bankruptcy Framework With Provision For State Sovereignty Give Up
The big news out of Europe this morning, and the reason for the drag on the euro is an article in Der Spiegel, “Merkel’s rules for bankruptcy” according to which Germany is now actively (and very secretly) pushing for a plan outlining a set of insolvency rules, which would require that private investors bear a portion of the rescue burden, and much more importantly, would see at least a partial give up in state sovereignty, where a new insolvency trustee (the “Berlin Club”, which we fail to see at least for now, how it differs from the Paris Club) would take implicit control over and override a default nation’s treasury, in essence pushing the bankrupt country into a form of Feudal vassal state-cum-reparations subservience. Welcome to financial warfare in the post-globalization period. Read More Here
(InfoClearingHouse) – Fix the Economy? We Have Know-how – Mike Whitney
There are remedies for recession, and the remedies are well known. But fixing the economy requires special medicine, fiscal stimulus, and if the patient does not take the medicine, he will not improve. It’s not enough to have the medicine sitting on one’s nightstand. It must be ingested before recovery can begin. Read More Here
(KeeneSentinel) – More Poverty By Any Measure
More than 15 million Americans are unemployed, homelessness has increased by 50 percent in some cities, and 38 million people are receiving food stamps, more than at any time in the program’s almost 50-year history. Evidence of rising economic hardship is ample. There’s one commonly used standard for measuring it: the U.S. Census Bureau’s poverty rate. It guides much of federal and state spending aimed at helping those unable to make a decent living. Read More Here
(FirstPost) – The big crash – America plunges into Depression – Read More here
(Telegraph) – EU to spend £1bn on pensions for retired eurocrats in 2010
The European Union will this year spend almost £1 billion on pensions for officials, giving the average retired eurocrat an income of almost £60,000, according to research carried out by the Daily Telegraph. Read More Here
(MailOnline) – Blair African charity run by banker linked to US toxic loan fraud – Read More Here
(NYTimes) – Crisis Awaits World’s Banks as Trillions Come Due
The sovereign debt crisis would seem to create worry enough for European banks, but there is another gathering threat that has not garnered as much notice: the trillions of dollars in short-term borrowing that institutions around the world must repay or roll over in the next two years. Read More Here
(CounterPunch) – The Worst of Times, the Best of Times
It’s the worst of times. America is plunging back into Depression. Only one out of every two Americans of working age has a job. Forty years ago that would have been okay. Dad went to the factory. Mom stayed at home to mind the kids. These days, just to keep the show on the road, mom and pop both work and the kids get daycare. Read More Here
(Gaurdian) – Tighter banking rules will drain £1tn from financial system, study shows
Banks are drawing on research conducted by PricewaterhouseCoopers which shows two percentage points would be sliced off economic growth Read More Here
(Telegraph) – Secret gold swap has spooked the market
IT takes a lot to spook the solid old gold market. But when it emerged last week that one or more banks had lent 380 tonnes of gold to the Bank of International Settlements in return for foreign currencies, there was widespread surprise and confusion Read More Here
(WashingtonPost) – Obama’s debt commission warns of fiscal ‘cancer’
The co-chairmen of President Obama’s debt and deficit commission offered an ominous assessment of the nation’s fiscal future here Sunday, calling current budgetary trends a cancer “that will destroy the country from within” unless checked by tough action in Washington. Read More Here
(AFP) – More and more Americans preparing for social unrest – Read More Here
(RawStory) – Sen. Kyl: $678-billion tax break for rich should not be offset
Sen. Jon Kyl, Republican of Arizona, believes that any extension to unemployment benefits “ought to be paid for.” But when it comes to the $678-billion cost of extending the Bush-era tax cuts for the wealthy, the senator says no offsetting is necessary. Read More Here
(KurtNimmo) – Video: Dollar Devaluation and Destruction of America Pick Up Steam
Back in January Lindsey Williams’ insider sources told him the dollar will be devalued within a year. In response, oil and food prices will rise significantly and the elite and banksters will move assets into gold and silver. Read the rest of this entry »
(RussiaToday) – Video: The G8 “Solution” to the Crisis is the Cause of Economic Collapse – Michel Chossudovsky
(CGG) – Capital Gold Group Report: Where is gold headed from here? Quotes from Peter Schiff and David Rosenberg
Peter Schiff, President & Chief Global Strategist of Euro Pacific Capital, told Business Week recently that, “People are afraid of the debasement of all the currencies. What’s surprising is that gold is still as low as it is … Gold could reach $5,000 to $10,000 per ounce in the next 5 to 10 years.” Read More Here
(CGG) – Capital Gold Group Report: “Gold Is Increasingly Being Viewed As A Currency Of Its Own” – Read More Here
(Goldseek) – Why Many Analysts See Gold Going As High As $10,000 Read More Here
(WSWS) – US Supreme Court ruling favors convicted corporate swindlers
The US Supreme Court has significantly restricted the ability of federal prosecutors to bring criminal charges against corrupt politicians and corporate CEOs who plunder their own companies, setting strict limits on the use of a 1988 law making it a crime for such officials to deprive constituents or shareholders of their “intangible right of honest services.” Read More Here
(Guardian) – Greece Ready to Sell Rhodes, Mykonos to Investors – Read More Here
(WashingtonsBlog) – Congress Pimps Out the American People
We knew Congress was just pimping out the American people, and partying at our expense.
But it is still disgusting to see Congressman Barney Frank, Senator Chris Dodd and the rest selling out the American dream. Read More Here
(MSNBC) – Romanian court: Some budget cuts unconstitutional
A top Romanian court ruled Friday that some of the austerity measures proposed by the government were unconstitutional — a move that will likely delay a crucial multibillion loan from the International Monetary Fund. Read More Here
(Guardian) – Greece starts putting island land up for sale to save economy – Read More Here
(Reuters) – UPDATE 2-Italians strike over Berlusconi’s austerity budget
Tens of thousands of demonstrators marched through Italian cities on Friday during a general strike by Italy’s largest union to protest at cuts by Prime Minister Silvio Berlusconi’s conservative government. Read More Here
(Bloomberg) – States of Crisis for 46 Governments Facing Greek-Style Deficits
Californians don’t see much evidence that the worst economic contraction since the Great Depression is coming to an end. Read More Here
(ZeroHedge) – ECRI Leading Economic Index Plunges At -6.9% Rate, Back To December 2007 Levels When Recession Officially Started – Tyler Durden
It’s getting close: the fabled -10% annualized change (see David Rosenberg) which guarantees a recession is now just 3.1% away, which at this rate of collapse will be breached in two weeks. Read More Here
(RussiaToday) – Video: Tarpley: ‘Obama’s plans are hogwash’
As demonstrators get ready to descend upon the G-20 Summit to protest against the establishment, the heads of state might be getting ready to protest each other. At the forefront of the conference is the United States and China, clashing already over possible money manipulation. Webster Tarpley says that President Obama’s administration is sabotaging Blanche Lincoln’s bill in congress that bans derivatives. View Video Here
(RussiaToday) – Celente: The US is run by Wall Street
(June 25) – Video: Bob Chapman – Obama’s Asset Holder ‘Vanguard’ Sold BP Stock Weeks before Gulf Oil Disaster!
[[ Day 63: Obama To Earn Nearly $85 Million From Gulf Oil Disaster ]]
“Goldman Sachs wasn’t alone either in its astute “foreknowledge” of the collapse of BP’s stock value due to the Gulf disaster as BP’s own chief executive, Tony Hayward, sold about one-third of his shares weeks before this catastrophe began unfolding too.
But according to this FSB report the largest seller of BP stock in the weeks before this disaster occurred was the American investment company known as Vanguard who through two of their financial arms (Vanguard Windsor II Investor and Vanguard Windsor Investor) unloaded over 1.5 million shares of BP stock saving their investors hundreds of millions of dollars, chief among them President Obama. Read the rest of this entry »
(LondonTelegraph) – Federal Reserve cautions on US economic growth – Read More Here
(PeoplesWorld) – Texas poor say “No more!” – Read More Here
(InfoClearingHouse) – Consumer Spending is Flat, Unemployment is Rising: The Case for a Second Round of Economic Stimulus – Mike Whitney – Read More Here
REPOST - (CNBC) – Soros Says Germany Could Cause Euro Collapse
German’s budget savings policy risks destroying the European project and a collapse of the euro cannot be ruled out, billionaire investor George Soros said in a newspaper interview released on Wednesday. Read More Here
(BusinessInsider) – Deutsche Bank: U.S. Financial Conditions Just Collapsed Back To Crisis Levels
Financial conditions appear to have worsened substantially in recent quarters based on our update of the broad index of US financial variables presented earlier this year at the US Monetary Policy Forum. In the wake of recent developments in Europe, increased stress in financial markets has pushed that index halfway back to its immediate post- Lehman crisis lows. Read More Here
(BeforeItsNews) – Russia buys 16 percent of global gold production
According to the Russian Central Bank, Russian gold reserves just hiked 1.1 million ounces in May. Given global mining production is just 6.8 million ounces a month, this represents 16.1% of monthly global mining production.
This is the largest one month purchase of gold by the Russian Central Bank, which has been buying gold at a rate of 250,000 ounces a month for the past three years, and comes just as Putin is pushing for a single world currency and last week revealed the currency’s first proof coin. Read More Here
(AlterNet) – The Bank Lobby Gets Desperate on Derivatives – Read More Here
(WSJ) – States Face New Pinch as Stimulus Ebbs
Tax Receipts Aren’t Rebounding Quickly Enough to Offset Declining Federal Aid; Push for Additional Medicaid Help Stalls Read More Here
(WSJ) – Video: Opinion Journal – Here Come the Tax Increases – Video Link Here
(CBS5) – Oakland To Send Out Layoff Notices To 200 Officers
Despite concerns about the city’s violent crime, the Oakland City Council on Tuesday voted to send out layoff notices to 200 police officers.
There seemed to be little choice. The city is facing years of multi million dollar deficits, and the public safety budget is a rich target representing about half the general fund. Read More Here
(EconomicPolicyJournal) – China Officially Disses the Dollar (and Treasury Debt)
The Peoples Bank of China has announced that it will no longer fix its currency in terms of the dollar. Instead it will manage the yuan against a basket of currencies. Read More Here
Climategate
(Telegraph) – Japanese told to go to bed an hour early to cut carbon emissions
Japanese households are being urged to go to bed one hour earlier than normal in order to help tackle climate change. Read More Here
(June 24) – Video: Lord Christopher Monckton: The Global Warming Take Over Grid – Alex Jones Tv
Alex also talks with British consultant, policy adviser, writer, columnist, and hereditary peer, Lord Christopher Monckton. Read the rest of this entry »
“The earth is not dying, it is being killed. And those who are killing it have names and addresses.” Utah Phillips.
(GlobalResearch) – Call me a cynic, but as soon as I hear of the latest “rogue state”, declared by the US and endorsed, invariably, by UK and Israel – a “rogue”, always far away, invariably either poverty stricken, or embargoed – I reach for a 1993 “Encyclopaedia of Word Geography”, turn to the page on the latest declared “enemy”, and look at the box which lists: “Major resources.”
In October 2001, as the assault on and invasion of Afghanistan began, ostensibly in the search for one man, Osama bin Laden, I found (p. 400) : “Major resources: natural gas, coal, iron ore, beryllium, gold, silver, lapis lazuli, sulfur, chrome, copper …” Read the rest of this entry »
(WPost) – 8 House members investigated over fundraisers held near financial reform vote
The Office of Congressional Ethics is investigating eight lawmakers who held fundraisers within 48 hours of a major House vote on a Wall Street reform bill or received substantial donations from business people with a financial stake in the bill, according to congressional sources and letters. Read More Here
(Money&Markets) – Two Consequences of the Stimulus Programs Washington Wants You to Ignore! – Read More Here
(BullionBullsCanada) – Fannie Mae Proposes Bulldozing U.S. Homes – Read More Here
(EconomicPolicyJournal) – Bank Run in Spain and Its Destabilizing Ramifications for the Entire EU
According to FT, Spanish banks borrowed €85.6bn ($105.7bn) from the ECB last month. This was double the amount lent to them before the collapse of Lehman Brothers in September 2008 and 16.5 per cent of net eurozone loans offered by the central bank. Read More Here
(InternationalForecaster) – The Fed’s Purchase of US Sovereign Debt: “The US Treasury is under the Control of the Fed’s Owners”. – Bob Chapman
US, UK and European financial systems are on the way to collapse Read More Here
(MarketWatch) – U.S. home building craters after tax break expires
Housing starts fell 10% to a seasonally adjusted annual rate of 593,000 in May, the lowest level since December. The details were even worse, as starts of single-family homes plunged 17% to a seasonally adjusted rate of 468,000, the lowest in a year. Read More Here
(LewRockwell) – Amnesty for the Banksters, Debtor’s Prison for the Serfs – Read More Here
(SoColPatriotsClub) – House Democrats Drop Ron Paul’s Audit of Federal Reserve
Yes, you read that right. Ron Paul’s push to audit the Federal Reserve Bank and see who received how much money in the last few years has been drastically reduced. Read More Here
Video: The Greecing of America, Simplified
The repercussions from Greece’s fiscal crisis are starting to ripple around the world. But are lessons being learned? – View Video Here
REPOST – (RussiaToday) – Video: Greece was used as trojan horse by Washington and Goldman Sachs, to damage Eurozone
“The whole attack on Greece and the attack on the euro originated from a concerted strategy of Wall Street and US Institutions to permanently cripple or try to cripple the only alternative reserve currency anywhere in the world that can challenge the dollar,” Engdahl told RT. Video Link Here
Video: Instead of budgeting, Congress is….
With all of the attention on the BP oil spill, the European debt crisis and even financial regulatory reform, the fact that Congress hasn’t passed (and will likely not pass) a federal budget for fiscal year 2011 is flying under the radar. View video Here
(WPost) – More college-educated jump tracks to become skilled manual laborers – Read More Here
(LewRockwellShow) – Podcast: We Ain’t Seen Nothin’ Yet – Lew with Gerald Celente
What does the state-bank-military complex plan next? As the second stage of the financial crisis hits, says Gerald Celente, we can expect them to start another war to divert people’s attention from the wholesale robbery of the productive. Listen to Podcast Here
(LewRockwell) – Bailing Out Politicians Now? – Patrick J. Buchanan – Read More Here
(WRMEA) – U.S. Financial Aid To Israel: Figures, Facts, and Impact – Read More Here
(MarketWatch) – Fannie, Freddie to scrap NYSE stock listings – Read More Here
(EconomicPolicyJournal) – Bloomberg Considering Former-Goldman Man for Deputy Mayor – Read More Here
REPOST – (Snard) – More Than 1 In 5 American Children Are Now Living Below The Poverty Line
Perhaps the greatest victims of the economic nightmare that is unfolding right in front of our eyes are our children. Read More Here
(AlterNet) – “Lure People Into That Calm and Then Just Totally F–k ‘Em”: How All of Us Pay for the Derivatives Market
Derivatives are a hotbed of abuses and bailouts. So why are taxpayers footing the bill? Read More Here
(Infowars) – Why You Should Buy Gold and Silver – Mark Dice – Read More Here
(FinancialSense) – Gold Going to Parabolic Top of $10,000 by 2012 – For Good Reasons
No wishful thinking here! As I see it gold is going to a parabolic top of $10,000 by 2012 for very good reasons – sovereign debt defaults, bankruptcies of “too big to fail” banks and other financial entities, currency inflation and devaluations – which will all contribute to rampant price inflation.
(Alternet) – Poverty: It’s Not Just for Black Urbanites Anymore! – And of course it never was. – Read More Here
(NYDailyNews) -Japanese PM Naoto Kan warns of Greece-level ‘collapse’ under debt pile – Read More Here
(Money&Markets) – Debt Facade Cracking in U.K. as Sovereign Contagion Spreads – Read More Here
REPOST – (MarketOracle) – Debt Can Never Be Repaid, By Bankster Design
You really have to hand it to the banksters. As was painstakingly detailed in the book Creature from Jekyll Island, the banking elite devised a brilliant plan in November of 1910 on Jekyll Island in which to take over control of the United States, steal the wealth from the taxpayers and the resources from the country. Read More Here
(EconomicPolicyJournal) – Analyst to Money Managers: Take Your Cell Phones with You on Vacation; Greece Could Default in August
Greece will eventually default on its debt because the country is highly indebted, Carl Weinberg, chief economist at High Frequency Economics, said on CNBC this morning. Read More Here
(MailOnline) – Doomed Labour’s £1.3 TRILLION last spending spree revealed: As the economy nosedived, your millions were wasted on grandiose schemes – Read More Here
(InfoClearingHouse) – One Bank Ruled Them All; Trichet’s Powergrab – Mike Whitney – Read More Here
(BusinessInsider) – The Stunning Crash And Burn Of Las Vegas
There are quite a few U.S. cities that are complete and utter economic disaster zones in 2010 (Detroit for example), but there is something about the demise of Las Vegas that is absolutely stunning. Read More Here
(MineWeb) – U.S. asset managers worried Obama could confiscate gold
Speaking at the FT Silver conference in London yesterday, lead-off speaker John Levin, HSBC Bank’s Managing Director, Global Metals and Trading (HSBC is one of the world’s top precious metals traders and its vaults in the U.S. and Europe hold huge holdings of gold and silver bullion) recounted conversations with some of the U.S.’s top asset managers controlling massive amounts of capital asking if HSBC had the capacity in its vaults to store major gold purchases. On being told that the bank’s U.S. vaults had sufficient space available he was told that they did not want their gold stored in the U.S.A. but preferably in Europe because they feared that at some stage the U.S. Administration might follow the path set by Franklin D. Roosevelt in 1933 and confiscate all U.S. gold holdings as part of the country’s strategy in dealing with the nation’s economic problems. Read More Here
(NYDaily) – Gov. Paterson: Shutdown over budget would cause ‘unimaginable chaos,’ crime in New York
Gov. Paterson went into full doomsday mode Thursday, warning of chaos and anarchy in the streets if the government shuts down.
“It would create unimaginable chaos around the state and the greater metropolitan area,” Paterson said on WCBS Radio 880 this morning. Read More Here
(AP) – Retail sales drop 1.2 percent in May
Retail sales plunged 1.2 percent last month, the Commerce Department said Friday. It was the largest decline in eight months. Read More Here
(BusinessInsider) – Social Security Payouts Are Already Crippling The Government This Year
There is enough published information from the Social Security Trust Fund to make some observations for the first six months of 2010. The data on FICA/SECA tax receipts and benefit payments: (all amounts in $billions) Read More Here
(PakAlert) – Warning Signs Of Full Spectrum Collapse Are Everywhere
The sovereign debt crisis in Greece and many other European nations has, at least for the moment, opened a gap in the wash of financial disinformation that has prevailed in the mainstream media for the past year. The average American is now more aware of the terrible costs of living in an artificially driven and widely manipulated “global economy”, and has also been exposed (at least for the moment) to the very real frailties in our own markets, which have been hidden or downplayed by the government as well as disingenuous establishment economists. Events in the EU, however, are only a glimpse of the greater and more imminent threats we face in the near future. In this article we will look at some of the latest and most disturbing moves by governments and financial institutions, as well as tell-tale signs in our own local cities, which signal that a full-spectrum collapse of world markets and possibly our own currency is not only in progress, but nearing completion. Read the rest of this entry »
(C-SPAN) – Ron Paul: Restore a Full Audit of the Fed! – Video Link Here
(AsiaTimes) – Part 1 of 2 – THE POST-CRISIS OUTLOOK: Part 10 – The trillion-dollar failure – Read More Here
(CNNMoney) – Hello Chinese exports, good-bye U.S. jobs – Read More Here
(WRNGNews) – NY Government Shutdown Possible
The state budget is more than two months late. Since April, the government has been kept running on a week-to-week basis by temporary spending bills, or extenders. Read More Here
(ABCNews) – 2 million public servants on strike in Spain
Nearly 2 million Spanish state employees have stopped work in anger over government spending cuts that will see them lose about 5 per cent of their salary. Read More Here
(PressTV) – UK unemployment could reach 3 mn – Read More Here
(CNBC) – Debt Spreading ‘Like a Cancer’: Black Swan Author
The economic situation today is drastically worse than a couple years ago, and the euro is doomed as a concept, Nassim Taleb, professor and author of the bestselling book “The Black Swan,” told CNBC on Thursday.
“We had less debt cumulatively (two years ago), and more people employed. Today, we have more risk in the system, and a smaller tax base,” Taleb said. Read More Here
(USAToday) – Only a fraction of those in need file for bankruptcy – Read More Here
(Bloomberg) – Soros Says ‘We Have Just Entered Act II’ of Crisis
Billionaire investor George Soros said “we have just entered Act II” of the crisis as Europe’s fiscal woes worsen and governments are pressured to curb budget deficits that may push the global economy back into recession.
“The collapse of the financial system as we know it is real, and the crisis is far from over,” Soros said today at a conference in Vienna. “Indeed, we have just entered Act II of the drama.” Read More Here
(CNSNews) – Bernanke: ‘Things Will Come Apart’ If Entitlements Are Not Reformed and Spending Controlled
Federal Reserve Chairman Ben Bernanke delivered a frank assessment to Congress on the fate of the economy if entitlement programs are not restructured. On Wednesday, Bernanke warned that “things will come apart” if Congress allows the federal entitlement programs and the deficit spending they cause to continue on their unsustainable path. Read More Here
(MailOnline) – U.S. facing debt ‘super cycle’: $13trillion black hole to overtake country’s GDP ‘within two years’
Forecasters predict the U.S. debt will grow to surpass gross domestic product in 2012, based on data from the International Monetary Fund. Read More Here
(EconomicCollapse) – More Than 1 In 5 American Children Are Now Living Below The Poverty Line
Perhaps the greatest victims of the economic nightmare that is unfolding right in front of our eyes are our children. The overall economic numbers are really bad, but when you examine the impact that this economy is having on children things get really horrifying. Read More Here
(CNBC) – Gold’s ‘Real Move’ to $7,000 Coming: Asset Manager
The “real move” in gold is to come, predicted Egon von Gruyerz, founder of precious metals investment and storage company GoldSwitzerland.com, on Monday. Read More Here
(PressTV) – UK’s welfare system targeted for cuts
UK Chancellor George Osborne discloses that the government has targeted welfare benefits, tax credits and public sector pensions for spending cuts. Read More Here
(Chron) – Radiohead frontman: Music industry on verge of collapse
Radiohead frontman Thom Yorke is warning the music industry is on the brink of collapse, insisting young musicians should resist signing record deals because the major labels will “completely fold” within months. Read More Here
(Telegraph) – CGT: investors rush into gold coins to beat tax rise
Britain’s bullion dealers are struggling to source enough gold sovereign and Britannia coins to keep up with surging demand ahead of an expected rise in capital gains tax (CGT) in the emergency budget. Read More Here
(June 10) – Video: Gerald Celente Breaks Down The Troubled Financial World Markets on Alex Jones TV
Alex talks with Gerald Celente, renowned trend forecaster, publisher of the Trends Journal, business consultant and author who makes predictions about the global financial markets and other events of historical importance.
(StarTribune) – In jail for being in debt – Read More Here
REPOST - (AP) – Long-Term Unemployed Now 46 Percent Of Unemployed, Highest Percentage On Record – Read More Here
(GlobalResearch) – The Economic Crisis: Class Struggles Heat Up in Greece
Workers in Greece today stand in the forefront of the converging European class struggles against big capital’s attempt to make working people pay the costs of its crisis. Read More Here
(FoxBusiness) – Video: Peter Schiff on Fox Business News
Gold hit another all-time high yesterday! According to gold website Kitco.com – Read More Here
(Telegraph) – Risks to global economy have ‘risen significantly’, top IMF official warns
The risks to a robust global recovery have ‘risen significantly’ as many governments struggle with debt, a leading official from the International Monetary Fund has warned. Read More Here
(CNSNews) – Billboard Puts Obama on $100,000,000,000,000 Bill, Asks: ‘But Who Will Pay the Piper?’ – Read More Here
(EuropaPress) – Spanish Police Protest “Unjustified Waste Of Public Money” In Protecting Bilderberg
The SME-CCOO union of the Catalan police today showed their disagreement with the “unjustified waste” of public money aimed at preserving the security of the Bilderberg Club, which celebrates these days its annual meeting in Sitges. Read More Here
(EuroPacificCapital) – The Phantom Recovery – Peter Schiff
In recent months, GDP numbers have rebounded – primarily as a result of record low interest rates reliquifying the credit market and government stimulus jolting consumer spending. Although the “positive growth” has delighted Obama’s economic brain trust, it has done little to boost the fortunes of Main Street. As I have said many times, GDP largely measures spending, and spending is not growth. Read the rest of this entry »
(May 28) – Alex also talks with regular guest Bob Chapman, the former stockbroker who now publishes The International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide. Read the rest of this entry »
(May 28) – Alex also talks with regular guest Bob Chapman, the former stockbroker who now publishes The International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide. Read the rest of this entry »
(CNN) – U.S. declares fisheries disaster in oily Gulf
Fishing is a $2.4 billion industry in the Gulf states. Louisiana Gov. Bobby Jindal and Mississippi Gov. Haley Barbour requested the declaration, “based on the loss of access to many commercial fisheries and the existing and anticipated environmental damage from this unprecedented event,” the statement said. Read More Here
(OftWoMinds) – Going Long, Going Deep, Going Broke: ZIRP and the Imploding Speculative Economy
A slow-growth real economy has been replaced with a credit-based speculative financial economy dependent on low interest rates and systemic fraud to survive. It is now imploding on a global scale. Read More Here
(DailyBail) – SPECIAL TREATMENT: Bailout Of Bank With Obama Ties Raises Eyebrows; Citi, Goldman, Taxpayers To Rescue
Sources said Tuesday that after overnight meetings, a group of Wall Street giants and some Chicago banks agreed to provide ShoreBank $125 million to $140 million. The saviors range from Goldman Sachs Group Inc. and Citigroup Inc. to Chicago’s Northern Trust Corp. and PrivateBancorp Inc., sources said. A new infusion of about $20 million from GE Capital pushed ShoreBank over the top, they said. Read More Here
(C4L) – More Blank Checks to the Military Industrial Complex – Ron Paul
Congress, with its insatiable appetite for spending, is set to pass yet another “supplemental” appropriations bill in the next two weeks. So-called supplemental bills allow Congress to spend beyond even the 13 annual appropriations bills that fund the federal government. These are akin to a family that consistently outspends its budget, and therefore needs to use a credit card to make it through the end of the month. Read More Here
(EuroNews) – Romanians protest wage and pension cuts
In one of the largest mass protests since the fall of communism, around 50,000 Romanians took to the streets of Bucharest on Wednesday.
They are furious at drastic cuts to state wages and pensions proposed by the government to reduce the country’s ballooning budget deficit. Read More Here
(Reuters) – IMF: Spain must make wide ranging reforms, weak recovery
Spain must make far reaching, comprehensive reforms, including to the labour market, while its economic recovery remains fragile, The International Monetary Fund said on Monday. “The challenges are severe: a dysfunctional labor market, the deflating property bubble, a large fiscal deficit, heavy private sector and external indebtedness, anemic productivity growth, weak competitiveness, and a banking sector with pockets of weakness,” the IMF said in an annual report on Spain.Read More Here
(Bloomberg) – Gold Rising as Euro Weakens Spurs More Speculation
Speculators are buying gold faster than the world’s biggest producers can mine it as analysts forecast a 27 percent rally that may extend the longest run of annual gains since at least 1920. Read More Here
(USAToday) – Private pay shrinks to historic lows
Paychecks from private business shrank to their smallest share of personal income in U.S. history during the first quarter of this year, a USA TODAY analysis of government data finds. Read More Here
(TheEconomicCollapse) – 25 Questions To Ask Anyone Who Is Delusional Enough To Believe That This Economic Recovery Is Real
If you listen to the mainstream media long enough, you just might be tempted to believe that the United States has emerged from the recession and is now in the middle of a full-fledged economic recovery. In fact, according to Obama administration officials, the great American economic machine has roared back to life, stronger and more vibrant than ever before. But is that really the case? Read More Here
(WND) – Obama to snatch up to 75% of your income – Jerome Corsi
Federal government could confiscate more than half of everything earned Read More Here
(MarketWatch) – Warning: Crash Dead Ahead. Sell. Get Liquid. Now
Commentary: ‘Game’s in the refrigerator.’ Power’s turning off. Dow sinking below 6,470 Read More Here
(Bloomberg) – Video: Marc Faber – Greece Is Just a Write-off – Video Link Here
(RussiaToday) – This time, Max Keiser and co-host Stacy Herbert look at the scandals of real time fraud as quoted on the ticker tape; the more ‘perfect quarters’ and even more ‘missing records’ as the US government hands out tens of billions to TARP banks. In the second half of the show, Max interviews legendary investor Jim Rogers about the euro, naked short selling, and gold. Read the rest of this entry »
Fears that the effects of a government debt crisis could push Europe into a severe economic downturn sent the Toronto stock market tumbling Monday. Read More Here
(ComedyCentral) – Video: The Daily Show with John Stewart on Hoarders – Video Link Here
(ChartingStocks) – Why Gold And The Dollar Are BOTH Rising
An unusual dynamic has taken shape over the last few months – Both the US Dollar and Gold have been rising together. Normally, such a movement would seem counter intuitive as Gold is a commodity and commodities tend to move in the opposite direction of the US dollar. Read More Here
(FT) – Financial Crises Getting Worse Worldwide
The pace and severity of financial crises has taken an ominous turn for the worse. Over the past 30 years, a crisis has occurred, on average, every three years. Yet, now, only 18 months after the meltdown of late 2008, Europe’s sovereign debt crisis has hit with full force. With one crisis seemingly begetting another, and the fuse between crises now getting shorter and shorter, the world economy is on a very treacherous course. Read More Here
(Reuters) – Sears and Kmart to offer cash-for-gold service
Sears Holdings Corp (SHLD.O), which expanded its layaway program to help cash-strapped consumers pay for purchases during the recession, is now helping its customers exchange their jewelry for cash as gold prices soar. Read More Here
(Bloomberg) – `There’s No Money Left,’ U.K. Minister Learns From Predecessor
Arriving for work at the U.K. Treasury last week, the incoming chief secretary, David Laws, found a note from his predecessor, Liam Byrne, offering advice on the job. “Dear Chief Secretary, I’m afraid to tell you there’s no money left,” Laws cited it as saying.Read More Here
(Bloomberg) – ‘There’s No Money Left,’ U.K. Minister Learns
Arriving for work at the U.K. Treasury last week, the incoming chief secretary, David Laws, found a note from his predecessor, Liam Byrne, offering advice on the job.
“Dear Chief Secretary, I’m afraid to tell you there’s no money left,” Laws cited it as saying.
“Which was honest,” Laws, whose position is the No. 2 in the Treasury after the chancellor of the exchequer, told a press conference in London today. “But slightly less than I was expecting.”
The note underscores the task facing Britain’s Conservative-Liberal Democrat coalition as it seeks to reconcile demand for improved health and education services with promises to reduce the largest budget deficit since World War II. Read More Here
(May 16) – Video: Alex Breaks Down “Death of The Middle Class” on Alex Jones Tv Sunday Editon
Alex breaks down the international banking cartels continued plunder of the middle class here in america and how far they will go. – Part 1HerePart 2Here
(TimesOnline) – Germans lose faith in EU
The multi-billion-euro payout for Greece, followed by an even more expensive rescue package for the threatened single currency, has created the greatest political climate change in a generation. Read More Here
(Bloomberg) – Stocks, Euro Plunge on Concern Austerity Plans to Curb Recovery
Asian stocks fell the most in almost six months, led by the Shanghai Composite Index’s 5 percent plunge, the euro dropped to its lowest against the dollar since 2006 and the cost of insuring bonds from default jumped on concern European austerity measures will derail the recovery. Read More Here
(PaulWatson) – Financial Terrorists Want Global Currency, Global Central Bank
During a recent speech at a conference of elitists in Zurich Switzerland, IMF chief Dominique Strauss-Kahn called for the introduction of a global currency backed by a global central bank which would act as the “lender of last resort” in the event of a severe economic crisis, which would represent another lurch towards fascist centralization of power by financial terrorists busy exploiting the fiscal chaos they created in order to impose world government.
Stating that “crisis is an opportunity,” Strauss-Kahn said that globalists should exploit the financial chaos plaguing the world in order to push for “a new global currency issued by a global central bank”. Read More Here
(BusinessInsider) – Germans Fantasize About New Rich-Nation Currency Bloc That Doesn’t Even Include France
Tonight’s must-read comes from Ambrose-Evans Pritchard at The Telegraph who offers some clear views on why the EU’s big shock & awe rescue plan is not having its desired result — why it hasn’t fully instilled confidence. Read More Here
(EconomicCollapseBlog) – The Extreme Frustration Of Unemployed Americans
When Barack Obama visited Buffalo recently, he was greeted by a billboard advertisement with a very pointed message about unemployment. In just a few words it summarized the frustrations of an entire region. The billboard along I-190 had this very simple message for Obama: ”Dear Mr. President, I need a freakin job. Period. Sincerely, inafj.org.” As word about this billboard got out, it quickly made headlines all over the United States. Why? Well, the truth is that millions of hard working Americans are extremely frustrated about their lack of work right now. When you don’t have a job and you can’t provide for your family, very little else seems to matter. In fact, according to a recent Gallup poll, unemployment is now the second most important issue to American voters. The number one issue is the economy. Read More Here
(AFP) – Euro rescue package ‘just buys time’: Merkel
A trillion-dollar package to shore up ailing eurozone economies merely buys time until the deficits of certain members of the 16-member zone are cleaned up, German Chancellor Angela Merkel said Sunday. Read More Here
(SilverBearCafe) – Rigging the Markets – How They Do It
While the rest of the financial world struggles, it might seem strange that four of the largest US banks have made record profits this past quarter – and not just on average, but every single trading day. Too good to be true? Indeed. Read More Here
(HuffingtonPost) – Detroit’s Unemployment Rate Is Nearly 50%, According to the Detroit News
As many have noted, the Bureau of Labor Statistics, which culls federal unemployment data, does not account for all of the jobless in its widely-quoted national unemployment figures. Among those omitted: part-time workers who are looking for full-time jobs and frustrated job seekers who abandon their job search altogether. Read More Here
(BeverlyHillsCourier) – Flood Of Calif. Businesses Abandon State
Numerous California businesses are packing up their bags and trading in the blue skies and hot weather to head east.
The Courier obtained a copy of the businesses leaving California this year. They are: Read More Here
(SKOptionsTrading) – Where next for Gold?
So far in 2010, all eyes in the gold market have been looking up at $1225 wondering whether gold get back to that all time high? Now that question has been answered yet another arises, where next for gold? Read More Here
(SteveWatson) – Video: Ron Paul – Those Who Voted Against Audit The Fed Will Pay The Price
Texas Congressman Ron Paul appeared on CNBC’s Squawk Box earlier today to discuss the financial crisis and his ongoing effort to audit the Federal Reserve.
Paul, speaking publicly for the first time since the Senate passed a watered down version of his HR1207 amendment to fully audit the Fed, said that those who had essentially voted for more Fed power would see repercussions. Read the rest of this entry »
(C-Span) – Video: Ron Paul I Am Very Concerned About What’s Going To Happen!
(Reuters) – U.S. Senate rejects broader Fed audit amendment: May 11
The U.S. Senate rejected an amendment on Tuesday that would have exposed the Federal Reserve to broader scrutiny by Congress, which critics said would extend to monetary policy decisions. Read More Here
(DailyCrux) – Porter Stansberry: The U.S. dollar is about to implode – Read More Here
(DailyMail) – Unions warn of Greek-style riots in Britain against public sector cuts after court victory over capping of redundancies
Militant unions today sent a chilling warning of Greek-style strikes and protests after winning a major legal victory for civil servants made redundant.
The warning raises fears of months of chaos triggered by a furious public sector who refuse to accept painful changes to tackle Britain’s financial crisis. Read More Here
(Reuters) – FOREX-Euro falls as market doubts rescue package
The euro fell on Tuesday as the relief rally unleashed by an emergency aid package to prevent the spread of a euro zone debt crisis dissipated and the focus switched back to structural problems plaguing the bloc. Read More Here
(WashingtonsBlog) – The Second Leg of the Great Depression Was Caused by European Defaults
Many Americans know that the Great Depression was started by the bursting of the giant Wall Street bubble of the 1920′s (fueled by the use of bank deposits on speculative gambling, which is why Glass-Steagall was passed) , which in turn caused a run on American banks. Read More Here
Gun Control Was – Historically – About Repressing Blacks
Gun control is in the trigger finger. Always has been.
Gun Control Was – Historically – About Repressing Blacks
Innocents Betrayed - The History of Gun Control
Source: http://www.youtube.com/watch?feature=player_embedded&v=nUmKT43j4Tc
Greenspan: Ignore The Economy, “Only The Stock Market Matters”
* Is our collective memory that compromised by MSM no-mind/spoon-fed pablum/propaganda, that we don't remember this minion of Zion, being purportedly 'clueless' as to how? the '2008 Bankster-Meltdown' bit him on the ass?!? & his consequent hurried exit from the 'stage'
...He's like a bad sme...
All Americans Will Receive A Microchip Implant in 2013 Per Obamacare
The RFID program was changed to 2017, thank God.
With the Stroke of a Pen: Obama Moves to Ban Sale and Manufacture Of Semi-Automatic Weapons
And the Americans wills set there,and set there,ans set there,and ask their wife to get them a beer while watching Swamp People.We must keep our priorities in order,ya know!
