On America, Somalia and You

15th June 2010

(EconomicPolicyJournal) – Great insights from a Doug Casey interview with the Daily Bell (ViaLewRockwell.com):

Daily Bell: How about America? How are America’s finances?

Doug Casey: The era of one trillion dollar plus annual deficits is definitely here. And those are just the official deficits, which are going to be running a trillion or a trillion and a half dollars per year for the indefinite future. And on top of that you’ve got $100 trillion of unfunded liabilities of Social Security, the Medicare, the Medicaid. In a few years, you are going to have Obama-care, which is going to make the problem considerably worse. Then add on the probable federal bailouts of numerous bankrupt states like New York and California. And then hundreds of billions more for the FDIC, which is also totally bankrupt. Just like Fannie and Freddie. Then the Pension Benefit Guarantee Corp., will be hundreds of billions more – that hasn’t hit the front pages yet. General Electric is just like a gigantic, 30-1 leveraged hedge fund; that’s going to be bailed out too! Amtrak, which despite its outrageously high fares, continues to loose a couple billion dollars a year; of course that’s just chicken feed in today’s context. And of course these wars – and supporting military bases in over 100 countries…

Read entire article

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Economy

20th May 2010

(CSPAN) – Video: Ron Paul – Bailing out foreign governments – View Video Here

(Sky) – Video: Chinese dumping worthless DOLLARS AND EUROS for Gold

(BusinessWeek) – Video: What Good Are Economists Anyway?

Why they failed to predict the global economic crisis—and why their help is still crucial to a recovery Read More Here

(ZeroHedge) – The correction is coming and it will be a bloodbath

The correction, soon to be crash, is here: the market had a bigger relative open to close move today than it did on May 6. We closed at the day’s lows on massive volume, despite definitive central bank intervention, regardless whether it was the SNB, the ECB, or the Fed. The central planners have lost control of the market, and all thanks to the inevitable collapse of hyper capitalist Keynesianism coming out of the formerly most communist country in the world. Read More Here

(LeMonde) – The Greek People are the Victims of a Carefully Engineered Financial Extortion Racket

What is happening in Greece concerns all of us. The people are paying for a crisis and a debt that are not their own. Today it is the Greeks, tomorrow it will be others, for the same causes will produce the same effects if we allow it. Read More Here

(TimesOnline) – Euro in danger: Germans trigger panic over future of single currency – Read More Here

(ZeroHedge) – Pan-European Bank Run Is Now On: Capital Flight From UK To Switzerland, As GBPCHF Intervention Strikes Next – Read More Here

(Reuters) – Wall Street slumps on euro-zone fears

Stocks dropped on Thursday, with all major indexes sliding more than 3 percent on growing fears that the euro zone’s handling of its sovereign debt crisis could jeopardize the global economic recovery. Read More Here

(RussiaToday) – Video: Euro Collapse Looms? Engdahl on Naked Short Selling Ban

Germany’s Chancellor Angela Merkel says the Euro currency is at risk and that Europe faces its greatest challenge since the EU was formed. It comes as stock markets in Europe and Asia tumbled on the surprise news that Berlin was banning types of ’short selling’ where investors profit by betting that shares will drop in value.

Economic Headline Doom News With Links

Financial Reforms ‘Cosmetic’ , Wont Stop More Crisis : Roubini
Report: Increase in Payroll Taxes Needed for Social Security
Home Building Gains Likely to Fade with Tax Credit
Texas Doctors Opting Out of Medicare at Alarming Rate
Oklahoma : $200 Million in Delinquent Taxes Uncollectible
Hawaii Foreclosures Filing Soar 115% in April
Gov. Paterson NY Threatens Cutting 10,000 Jobs
More Store Closing Hit Grand Avenue Downtown Milwaukee Shopping Center
Small Businesses not hiring
Video: The Growing Gap Between Rich and Poor
Oyster Industry Takes Hit From Oil Spill
Why Greece Should Consider Default
Mayor Bell: Announces City of Birmingham 10% Cut in Workers Pay
Yonkers School District NY, Trying to Close $43 Million Deficit
Investors Should Avoid Banks at all Cost: Meredith Whitney

(HousingWire) – FBI Mortgage Fraud Investigations Jump 400% in Five Years

FBI investigations of mortgage fraud increased 400% in 2009, compared with five years earlier, according to an Office of Thrift Supervision (OTS) report on fraud and insider abuse (download here). Read More Here

(Bloomberg) – Jobless Claims in U.S. Unexpectedly Increase as Dismissals Remain Elevated

More Americans unexpectedly filed applications for unemployment benefits last week, showing firings remain elevated even as employment climbs. Read More Here

(Reuters) – Greek strikers march on parliament against austerity

Thousands of striking Greeks marched peacefully to parliament on Thursday in a protest against government austerity measures that was much smaller than a huge rally that led to rioting on May 5. Read More Here

(WebsterTarpley) – Tentative First Steps in Europe’s Self-Defense Against Zombie Bankers and Hedge Fund Hyenas

Germany and Europe have now made some promising initial steps in the direction of their necessary self-defense against the depredations of those zombie banks and hedge fund hyenas who have been organizing a massive speculative attack on Greece, Spain, Portugal, and Italy with a view to destabilizing the euro and perpetuating the world hegemony of the troubled US dollar. Read More Here

(ZeroHedge) – Video: Live Feed From Athens As 100,000 Greeks Go On Strike, Consider Storming Parliament Again

The last time Greeks were shown to be storming their parliament on live TV, we got a 1,000 point drop on the Dow Jones. Today, another 100,000 protesters of austerity are expected to hit the streets as the entire country is essentially shut down. View Live Here

(BusinessInsider) – MARKETS CRUSHED: FLASH CRASH THURSDAY 2.0? – Read More Here

Video: Celente – 2010 Year of the Bubble

Trends forecaster predicts the complete collapse of the dollar. – Video Link Here

(GoldScents) – FOCUS ON WHAT MATTERS

I know this is hard to do, especially when one is weathering draw downs. And of course a liberal dose of gloating from the bears during these times doesn’t help either. But let’s not get sidetracked by the little things and let’s face it, the haters are going to show up every time gold corrects. We really should be used to that by now. They’ve been doing it for 10 years. Read More Here

(TheLoomingDoom) – Superhyperinflation Just Around The Corner

The Looming Doom has learned leading experts are advising the Obama Administration that the U.S. is poised to experience the most painful economic cycle of all: the Super-Hyper-Inflation Trauma (SHIT). While there is yet slight division amongst the experts as to whether the U.S. is already in SHIT or not, once the U.S. is fully in deep SHIT, there is no quick fix. Furthermore, if the SHIT is too deep, the economy may never recover. Read the rest of this entry »

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Cut the Partisan Crap … BOTH the Private Sector AND the Government are to Blame for the Financial Crisis

1st May 2010

(WashingtonsBlog) – Partisan GOP hacks say the financial crisis was caused by too much regulation, and government interference in the markets.

But Glass-Steagall was repealed, derivatives were left unregulated, and the regulators were watching porn instead of preventing fraud. Giant banks, hedge funds and other fat cat private players knowingly gamed the market and committed fraud in more ways than can be listed in a single post. Read the rest of this entry »

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Cut the Partisan Crap … BOTH the Private Sector AND the Government are to Blame for the Financial Crisis

1st May 2010

(WashingtonsBlog) – Partisan GOP hacks say the financial crisis was caused by too much regulation, and government interference in the markets.

But Glass-Steagall was repealed, derivatives were left unregulated, and the regulators were watching porn instead of preventing fraud. Giant banks, hedge funds and other fat cat private players knowingly gamed the market and committed fraud in more ways than can be listed in a single post. Read the rest of this entry »

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Video: Fight the Derivatives Cancer with a Wall Street Sales Tax, Plus Bans on Hedge Funds, Credit Default Swaps, and Synthetic CDOs

25th April 2010

(WebsterTarpley) – The Obama administration has been posturing this week about the life and death issue of Wall Street reform. Obama’s predicament is that of a Wall Street puppet who has been put into the White House thanks among other things to almost $1 million of contributions from the infamous Goldman Sachs – but who now needs to make a show of fighting his own Wall Street patrons for political reasons. Of course, Obama’s health-care reform was largely a bailout of insurance companies, which are themselves a key part of Wall Street. But Obama is now pretending to quarrel with Wall Street to shore up his waning credibility, partly because many House Democrats are desperately seeking anti-banker, economic populist street creds in order to avoid defeat in November. So far, the results have been largely feckless and inadequate. Read the rest of this entry »

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Economy

12th April 2010

(OftWoMinds) – Tyranny of the Majority, Corporate Welfare and Complicity

When 60% of the employed citizenry pay no Federal income tax, then the nation is in danger of sliding into the Tyranny of the Majority: we vote for more largesse, and you pay more tax. Complicity has consequences. Read More Here

(RollingStone) – Looting Main Street: How the Nation’s Biggest Banks are ripping off American Cities – Matt Taibbi – Read More Here

(TampaBay) – A bailout for news? Read More Here

(HeraldNet) – Senate expected to approve $667 million tax bill today

New sales taxes on candy, beer and bottled water would start in June, and on carbonated beverages in July Read More Here

(InnWorldReport) – Risk of Japan going bankrupt is real, say analysts – Read More Here

(FinancialTimes) – Soros warns Europe of disintegration

The eurozone area and wider European Union is now “on the brink” of disintegration unless Germany steps up and provides loans at below-market rates to Greece, George Soros, the hedge fund manager, has warned. Read More Here

(DiamondBack) – Depressed about our future

America is broke. We Americans have spent the last 15 years borrowing money for consumption instead of investment. Because of our high levels of debt, several prominent economists, including Gerald Celente — who predicted the collapse of the Soviet Union, the housing bubble and the tea parties — and Peter Schiff — who predicted both the NASDAQ bubble and the housing bubble — are predicting a coming collapse that will dwarf the housing bubble. Read More Here

(VancouverSun) – Thousands protest Quebec tax hikes

Thousands of protesters whom organizers described as members of Quebec’s “silent majority” demonstrated peacefully Sunday in front of the provincial legislature against tax hikes in the recent provincial budget. Read More Here

(C4L) – The Insanity of Government ‘Reform’

Albert Einstein’s definition of insanity — repeating something and expecting different results — is known to nearly everyone. Yet mere knowledge of this definition apparently has not kept the “best and the brightest” among us from becoming its practitioners. Read More Here

(InternationalForecaster) – Intervention Is Prolonging Economic Problems For Years – Bob Chapman

Banks only saved themselves not the economy, Greece singled out in the credit default crisis, the plan for a deflationary depression, every nation is in trouble, Greece now in a situation to default, banks continue to mislead, the floodgates open for lobbyists and special interests, lending costs climb, net neutrality suffers by a court ruling, Internet downgraded by court ruling Read More Here

Video: Ron Paul’s Texas Straight Talk – April 12, 2010 – Video Link Here

(AlterNet) – The Preposterous Reality: 25 Hedge Fund Managers Are Worth 680,000 Teachers (Who Teach 13 Million Students)

“It’s going to take a lot of political will — over a long period of time — to reorder our most basic economic values.”
In 2009, the worst economic year for working people since the Great Depression, the top 25 hedge fund managers walked off with an average of $1 billion each. With the money those 25 people “earned,” we could have hired 658,000 entry level teachers. (They make about $38,000 a year, including benefits.) Those educators could have brought along over 13 million young people, assuming a class size of 20. That’s some value. Read More Here

(InfoClearingHouse) – The Inverse Relationship Of The Real Economy And The Stock Market In USA

Just the other day, a man who has been in business and has also been in commercial real estate said that he was mystified as to why the “economy is in recovery, but we aren’t seeing any evidence of it in business or commercial real estate.” I explained to him that the STOCK MARKET WORKS IN AN INVERSE RELATIONSHIP TO THE TRUTH ABOUT OUR ECONOMY. THE TRUTH IS THAT MOST OF THE TIME WHEN THE STOCK MARKET IS UP, IT IS AT THE EXPENSE OF WORKERS AND THEIR JOBS. IF YOU DON’T BELIEVE ME, THEN READ ON, PLEASE. Read More Here

(DailyMail) – Outrage as British Taxpayers Face £600 Million Bill to Fund EU Bail-Out of Greece’s Sinking Economy

Greece was last night handed a generous national bailout by its euro partners which will end up costing British taxpayers more than £600million a year. In a move aimed at shoring up dwindling confidence in the stricken country, the 16 eurozone members announced they would lend 30billion euros this year alone. But another cash injection from the International Monetary Fund means Britain will have to pay part of a further £13billion bill to prop up Greece in the money markets. Read More Here

(DailyWealth) – Spend It Now! A Huge New Tax Is Coming…

Everything you buy is about to become 20% more expensive…

I’m not kidding. The latest idea out of Washington is to pay for its insatiable appetite for spending with what’s called a “Value-Added Tax.” Read More Here

(NYPost) – Metal$ are in the pits – Trader blows whistle on gold & silver price manipulation

The banks, which do the Federal Reserve’s bidding in the metals markets, have long been the government’s lead actors in keeping down the prices of gold and silver, according to a former Goldman Sachs trader working at the London Bullion Market Association. Read More Here

Video: Collapse Of Society – Chaos In The Making Read the rest of this entry »

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Economy

10th April 2010

(AlethoNews) – U.S. Banks Hid Risk by Lowering Debt Before Reporting, WSJ Says

U.S. banks masked their true risk levels by temporarily lowering debt before reporting it, the Wall Street Journal said, citing data provided by the Federal Reserve Bank of New York. Read More Here

(AP) – 42nd US bank failure in ’10 is South Carolina bank

Regulators on Friday shut down a bank in South Carolina, marking 42 bank failures in the U.S. so far this year amid mounting loan defaults, especially in commercial real estate. Read More Here

(GlobalEconomicAnalysis) – Food Stamp Usage Hits Record 39 Million, 14th Consecutive Monthly Increase – Read More Here

(Yahoo) – Nearly half of US households escape fed income tax – Read More Here

(ABCNews) – Hoarding, Not Hiring – Corporations Stockpile Mountain of Cash

Reluctant to Spend or Expand, U.S. Companies Are Sitting on a Record $1.6 Trillion Read More Here

(LATimes) – L.A. city employees make impassioned pleas against layoffs – Read More Here

(Bloomberg) – Job Openings in U.S. Decrease to 2.72 Million – Read More Here

(WSJ) – Investors Playing Defense Heighten Greek Debt Woes

The market pummeling of Greece continued Wednesday, and many European politicians are quick to blame “traders and speculators,” as Greek Prime Minister George Papandreou recently put it. Read More Here

(NYTimes) – As Greek Bond Rates Soar, Bankruptcy Looms

As interest rates on Greek debt spiral upward again, the question facing Europe is no longer whether Athens has the political will to cut spending and raise taxes to curb its gaping budget deficit, but whether Greece will run out of money before it gets the chance to do so. Read More Here

(RawStory) – US banks understate debt, masking risk: report

Major US banks have been masking the size of their debt, and thereby their risk levels, by temporarily lowering it just before reporting it to the public, the Wall Street Journal reported Friday. Read More Here

(InfoClearingHouse) – The Coming European Debt Wars – Michael Hudson

EU Countries sinking into Depression Read More Here

(GlobalResearch) – “Job Creation”–Stupid Is as Stupid Does – Richard C. Cook – Read More Here

(YahooFinance) – Video: Recovery?!? There’s No Recovery! The U.S. Is Completely Screwed! – Video Link Here

(CNNMoney) – 33 states out of money to fund jobless benefits

With unemployment still at a severe high, a majority of states have drained their jobless benefit funds, forcing them to borrow billions from the federal government to help out-of-work Americans. Read More Here

(DailyCaller) – Debt denial

The sovereign debt crisis has crossed a threshold. It’s no longer about economics. It’s about math and a complex system whose dynamics tell us there is little time to avoid catastrophe and almost no exit. Going forward, elections and policies will matter less as the debt plague takes hold and dictates hard outcomes. Read More Here

(TheDailyCrux) – Sales of silver coins are soaring

The U.S. Mint just reported another record, but this time it wasn’t for gold. The Mint sold more Silver Eagles in March and in the first quarter of the year than ever before. A total of 9,023,500 American Silver Eagles were purchased in Q110, the highest amount since the coin debuted in 1986. Read More Here

(YahooFinance) – Video: Lowenstein – Thanks to Greenspan and Bernanke, The Next Crisis Could Be “Even Scarier” – View Video Here

(YahooFinance) – A Financial 9/11: How the Wall Street Crash Changed America Forever

In The End of Wall Street, noted author and financial journalist Roger Lowenstein argues the crisis of 2008 marked more than just the end of Lehman Brothers, Bear Stearns, Washington Mutual and a host of other firms. Read More Here

(ZeroHedge) – The Greatest Shell Game Ever Continues As The Whole World Is Now Insolvent; Updated Thoughts From Chris Martenson On The Upcoming US Funding Crisis Read More Here

(ZeroHedge) – Consumer Credit Plunges $10.5 Billion, Expectation Was $0.5 Billion, Consumer Credit Back To June 2007 Levels Read More Here

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Video: Gerald Celente – UK GDP as bad as Greece; Hedge funds affecting the Euro

8th March 2010

(RussiaToday) – March 7, 2010 – The Greek debt crisis is bringing down the Euro’s value, but is that the only reason the euro is destabilizing? Recently, the United States Department of Justice is investigating major hedge funds, saying they may be at fault for this economic fall. Read the rest of this entry »

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George Soros’ Anti-Capitalist Agenda Plans to Loot Companies & Countries

7th March 2010

(AbeLDanger) – 5 March 2010—The New York Times is quoting a spokesman for George Soros as saying that the well-known hedge fund operator is guilty of no wrong-doing in connection with the financial upheaval currently affecting Greece and Europe as a whole. But Zubi Diamond, author of the powerful new book, Wizards of Wall Street, says the agenda of Soros and other short sellers is clear. Their purpose, he says, is “to loot America and any foreign country which invested in America. Greece was one of them. Iceland was ravaged and annihilated.” Read the rest of this entry »

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George Soros’ Anti-Capitalist Agenda Plans to Loot Companies & Countries

7th March 2010

(AbeLDanger) – 5 March 2010—The New York Times is quoting a spokesman for George Soros as saying that the well-known hedge fund operator is guilty of no wrong-doing in connection with the financial upheaval currently affecting Greece and Europe as a whole. But Zubi Diamond, author of the powerful new book, Wizards of Wall Street, says the agenda of Soros and other short sellers is clear. Their purpose, he says, is “to loot America and any foreign country which invested in America. Greece was one of them. Iceland was ravaged and annihilated.” Read the rest of this entry »

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Video: Financial Warfare Exposed – Soros, Goldman Sachs, Hedge Funds Attack Greece to Smash Euro

5th March 2010

(WebsterTarpley) – It has been evident for some time that the ongoing speculative attack on Greece, along with such other countries as Spain, Ireland, Portugal, and Italy, was not primarily a reflection of their economic fundamentals, nor yet a spontaneous movement of “the market,” but rather an orchestrated action of economic warfare. Read the rest of this entry »

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Video: Webster Tarpley – Bankers in Slump Plot Against Euro to Save Dollar

3rd March 2010

(RussiaToday) – The Greek government has announced new austerity measures aimed at slashing its huge budget deficit. It comes a day after the Prime Minister said that the country was fighting for survival. The new measures — which will reduce annual pay and increase taxes — were ordered by the EU in an bid to prevent a collapse of the Euro. But street protests have been raging in Athens against the plans. Meanwhile, the U.S. Justice Department is reported to have launched a probe into leading American hedge funds. They’re suspected of helping Greece cover up its debts to weaken the European currency. Journalist Webster Tarpley believes that was a plot hatched to prop up the dollar’s supremacy. Read the rest of this entry »

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MSM: U.K.’s Royal Mint Doubles Production of Gold Coins (Update2)

2nd February 2010

(Bloomberg) — The U.K.’s Royal Mint, established in the 13th century, more than doubled gold-coin production last year as investors sought to diversify their assets and hedge against a weaker dollar and accelerating inflation. Read the rest of this entry »

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Is the Fed Juicing the Stock Market? – Mike Whitney

3rd January 2010

Is the Fed manipulating the stock market?  TrimTabs CEO Charles Biderman seems to think so, and he makes a strong case for his theory in an article at zerohedge.com. Read the rest of this entry »

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MSM: Marc Faber, Dollar Will Eventually Go to Value of Zero

27th October 2009

(Bloomberg) – Marc Faber, publisher of the Gloom, Boom & Doom Report, appeared on Bloomberg today, expanding his view on the inflation/deflation, strong and weak US dollar debate. According to him, the losers will be cash and treasury bond and the winners will be foreign currency and commodities. Equities have some power to hedge inflation. Read the rest of this entry »

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Video: The great banking scam – Michel Chossudovsky

23rd October 2009

Who do the banks owe money to? Are those hedge funds affiliated with the very banks that were bailed out? Prof. Chossudovsky explains. He emphasizes the bailouts will not help the crisis, but will exacerbate it. Read the rest of this entry »

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Twenty-Two Reasons Why this Recession is Different and Why it Will Endure

19th October 2009

I find it surprising that I’m now getting inquiries from readers, asking if “we’ve reached bottom” in the current economic recession, and asking if the time has come to start buying stocks or residential real estate. It seems that the talking heads of mainstream media are using some sort of voodoo. How can anyone think that we’ve hit bottom, and an economic recovery is in progress? To dispel the myths from the CNBC Cheering Section, please consider the following. (And note that I’ve provided references for each assertion, just so you know that I’m not talking out of my camouflage hat.): Read the rest of this entry »

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Treasury Officials Received Millions from Goldman Sachs

15th October 2009

Disclosure forms, according to Bloomberg, reveal that Treasury Secretary Timothy Geithner’s closest aides received millions of dollars from Goldman Sachs Group Inc., Citigroup Inc. and other Wall Street firms. Read the rest of this entry »

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The Economy Is A Lie, Too – Paul Craig Roberts

21st September 2009

Americans cannot get any truth out of their government about anything, the economy included.  Americans are being driven into the ground economically, with one million school children now homeless, while Federal Reserve chairman Ben Bernanke announces that the recession is over. Read the rest of this entry »

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The Global Credit Crunch Is Not Receding, It Is Intensifying

18th September 2009

Granted, you wouldn’t know it if you followed the stock market melt up as the wild rush to eek out any and all P&L before tax loss selling season hits (assuming there even is one this year), but read on. If nothing else, SocGen’s Albert Edwards, unlike many others, has stuck to his convictions. Read the rest of this entry »

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Reality Receding

15th September 2009

Now that everybody in the USA, from the janitors in their man-caves to the president addressing congress, has declared the “recession” over, is exactly the moment when what’s left of the so-called economy is most likely to implode. Read the rest of this entry »

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We Can't Break Up the Giant Banks, Can We? Yes We Can!

14th September 2009

In response, defenders of the too-big-to-fails make one or more of the following arguments:
(1) The government does not have the authority to break up the big boys
(2) To break up the banks, the government would have to nationalize them, which would be socialism

Read the rest of this entry »

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Video: Webster Tarpley – Say Hello to Jingle Mail

1st September 2009

Webster describes what the meaning of Jingle Mail as the retail – commercial and real estate market is on the verge of collapse.. Read the rest of this entry »

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Posted in Dictatorship, Economic Crisis, Education/Mind Control, Fascism, Film/Video, NWO, Politics/Corrupt | 2 Comments »

Memo to Bernanke: "No Wage Growth; No Recovery"

28th August 2009

A recent poll shows that most economists now believe that the recession, which began in December 2007, will end in the third quarter of 2009. There’s been an uptick in manufacturing and consumer confidence, and the decline in housing prices appears to be flattening out. Unfortunately, the return to positive GDP will likely be short-lived. Read the rest of this entry »

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Posted in China, Dictatorship, Economic Crisis, Education/Mind Control, Fascism, NWO, Politics/Corrupt | 1 Comment »

This Depression is just beginning

3rd August 2009

Too bad Pulitzers aren’t handed out for blog-entries. This year’s award would go to Zero Hedge for its “The ‘Money on the Sidelines’ Fallacy” post. This short entry shows why the economy will continue its downward slide and why the US consumer will not get off the mat and resume spending as he has in the past. The fact is the Net Wealth of US Households has “declined from a peak of $22 trillion to just under $12 trillion in early March.” Read the rest of this entry »

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Posted in Dictatorship, Economic Crisis, Education/Mind Control, Fascism, NWO, Politics/Corrupt | 2 Comments »

Video: Max Keiser – Vampire Bankers Speculating on the Corpse of Chrysler and Workers

7th May 2009

Keiser says workers deserve what they get because they refuse to stand up for themselves against the bankers and hedge funds. Read the rest of this entry »

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The Clock Ticks Towards Financial Judgement Day

30th April 2009

America is no longer a republic. It has degenerated into a system where the rich run the country by having purchased all of our political institutions. As a result Americans have become sheeple who are being terrorized by the ruling illuminist class. Read the rest of this entry »

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Biden Son and Brother Near Epicenter of Two Ponzi Schemes

29th April 2009

It’s now public, Francesco Rusciano of Ponta Negra has formally had his assets frozen by a Federal Judge at the request of the SEC. Read the rest of this entry »

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Posted in Economic Crisis, NWO, Politics/Corrupt | 1 Comment »

Hopebroken and Hopesick: A Lexicon of Disappointment

17th April 2009

All is not well in Obamafanland. It’s not clear exactly what accounts for the change of mood. Maybe it was the rancid smell emanating from Treasury’s latest bank bailout. Or the news that the president’s chief economic adviser, Larry Summers, earned millions from the very Wall Street banks and hedge funds he is protecting from reregulation now. Or perhaps it began earlier, with Obama’s silence during Israel’s Gaza attack. Read the rest of this entry »

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Posted in Dictatorship, Economic Crisis, Education/Mind Control, Fascism, Israel, NWO, Palestine, Politics/Corrupt, Terrorism, War/Draft | 1 Comment »