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In recent years there have been methods developed to decentralize investing. We take a close look at crowdfunding, the legal issues and dangers involved, and how to approach it as an entrepreneur. Crowdfunding is an important step forward in supporting both small and large efforts for the individual and groups alike.
This Solari Special Report includes legal pathways to help navigate these new developments.
As we look over the fiscal cliff into our financial abyss, now is a good time to “Come Clean” about the real state of our lives, our communities, and our economy, starting with the U.S. federal finances that flow deeply and intimately throughout every aspect of our lives.
This Solari Special Report includes (22) challenges we must address to put our federal fiscal house in order.
Thinker, Trader, Holder. Why?
Mauldin Economics | 18 August 2014
Sometimes, just sometimes, you need to stop for a second, take a step back, and reconsider the simplest pieces of any puzzle…
That Asteroid Mining Meme: Wealth, Ranking, and Risk: That Venetian Model Again
Giza Death Star | 18 August 2014
There were a number of articles shared with me this week about space…
Fannie Mae Chops Outlooks for Housing in 2014, 2015
Yahoo! Finance | 18 August 2014
Mortgage-finance giant Fannie Mae slashed its outlook on Monday…
The Great Chinese Exodus
The Wall Street Journal | 15 August 2014
Many Chinese are leaving for cleaner air, better schools and more opportunity…
Pope Ok’s Protecting Iraq Minorities, Wants UN Ok
AP | 18 August 2014
Pope Francis on Monday said efforts to stop Islamic militants…
Europe Pays Farmers to Destroy Food Hit by Russian Ban
CNN | 18 August 2014
Vladimir Putin continues to unsettle Europe’s economy…
Rick Perry Claims Indictment Part of Larger ‘Rule of Law’ Problem
The Washington Post | 17 August 2014
Texas Gov. Rick Perry (R) insisted Sunday that a grand jury indictment alleging he abused…
UN Urges Exit Screening for Ebola at Some Airports
AP | 18 August 2014
Ebola-affected countries should immediately begin exit screening all passengers…
Sweet Victory for Mexico Beekeepers as Monsanto Loses GM Permit
The Guardian | 08 August 2014
Evidence convinced judge of threat posed to honey production in Yucatán – but firm will almost certainly appeal against ruling…
So Much for Summer: Snow Set to Blast Scotland as Forecasters Warn of ‘Coldest August Spell in a Century’
The Daily Mail | 18 August 2014
Bitter Arctic winds could plunge parts of Britain into the coldest spell of August weather for almost a century…
Mo’Ne Davis Beats the Boys of Summer
Bloomberg | 18 August 2014
In a week of disheartening news for both women and African-Americans…
Three New JPMorgan IT Deaths Include Alleged Murder-Suicide
Wall Street on Parade | 14 July 2014
Since December of last year, JPMorgan Chase has been experiencing tragic…
Calpers Could Shift Investments to Avoid Risky Bets in Areas Like Commodities
Reuters | 10 August 2014
The California Public Employee Retirement System, the largest U.S. public pension fund…
The Recession Generation: How Millennials Are Changing Money Management Forever
Forbes | 30 July 2014
Without any apparent irony, the woman who aspires to change financial services in the 21st century sits…
Emergency appeal – ‘Stirol’ Chemical Plant Shelled by Ukraine!
Vineyard Saker | 11 August 2014
This is an emergency appeal regarding Kiev Junta attempts to launch what is essentially a chemical attack…
Zack Taylor Discusses That Rick Perry Will Send the National Guard to the Border.
YouTube | 21 July 2014
Chairman and border security expert for The National Association of Former Border Patrol Officers…
Robot Olympics Planned for 2020 Powered by Japan’s ‘Robot Revolution’
Singularity Hub | 02 August 2014
Japan likes robots. And while some Americans raised on a confusing sci-fi diet…
Robotic Bees Designed to Pollinate Crops Making Significant Strides
Singularity Hub | 06 August 2014
In Harvard researcher Robert Wood’s lab, a robot the size of a quarter lifts off the ground, its wings a blur…
Burger Robot Poised to Disrupt Fast Food Industry
Singularity Hub | 10 August 2014
I saw the future of work in a San Francisco garage two years ago…
This Laser Can Hear Malaria Eating Your Red Blood Cells
Gizmodo | 01 August 2014
Researchers at Rice University have a new, laser-powered way to diagnose malaria infection…
Singapore’s Sovereign Wealth Fund Warns of ‘Challenging Times’
IPE | 06 August 2014
GIC, the Singaporean sovereign wealth fund, has increased its holdings in cash and bonds and cut exposure…
Bond Liquidity Falls 70% in Europe as Sales Soar: Credit Markets
Bloomberg | 05 August 2014
Bond dealers made money manager Gary Kirk’s job much more difficult when he tried to sell debt securities at the end of the first half….
Accounting Tops List of Most Profitable Industries
Accounting Today | 05 August 2014
Accounting, tax preparation, bookkeeping and payroll services are collectively amongst the most profitable industries…
Russia Bans All U.S. Food, EU Fruit and Vegetables in Sanctions Response; NATO Fears Invasion
Reuters | 06 August 2014
Russia will ban all imports of food from the United States and all fruit and vegetables from Europe…
Barack Obama’s Secret Terrorist-Tracking System, by the Numbers
The Intercept | 05 August 2014
Nearly half of the people on the U.S. government’s widely shared database of terrorist suspects are not connected to any known terrorist group…
Hagel: Growing Threat of Russia Invading Ukraine
AP | 06 August 2014
Russia’s troop buildup on the Ukrainian border increases…
White House Weighs Actions to Deter Overseas Tax Flight
The New York Times | 05 August 2014
The Obama administration is weighing plans to circumvent Congress and act on its own to curtail tax benefits for United States…
On Centenary of World War I, Europe Sees Modern Parallels
The New York Times | 04 August 2014
With a dimming of the lights and ceremonies across this country and in Belgium…
Video: Norman Finkelstein & 25 Others Arrested at Israeli U.N. Mission Protesting Gaza Assault
Democracy Now! | 30 July 2014
In New York City, a group of demonstrators blocked traffic by laying down in the streets outside Israel’s Mission to the United Nations on Tuesday…
By Catherine Austin Fitts
My frustration with the media coverage of Ebola cases in Africa reached a tipping point this week!
The most insightful investigative reporter on the relationship between economic warfare and pandemics and disease is our very own Jon Rappoport. So I asked Jon to join me this week to discuss the politics and unanswered questions of pandemics.
As the Fed tapers and concerns about global liquidity grow, it is essential for you to know how to separate fact from fiction, especially when it comes to your health and the health and safety of those you love.
In Money & Markets this week I will discuss the latest in finance and geopolitics, including updates on the Fed taper and events in Ferguson, Missouri. In Let’s Go to the Movies, I will review The Internet’s Own Boy: The Story of Aaron Swartz.
Talk to you Thursday!
By Catherine Austin Fitts
Two years ago, Eunice Boston called me. She said, “Buy a Nutribullet now!” I said, “What’s a Nutribullet?” She said, “Just do it. You’ll understand after you use it. You can find it on line. It’s spelled N-u-t-r-i-b-u-l-l-e-t.”
For those of you who have listened to my interview with Eunice on the Solari Report, Transforming Lives Through the Power of Cleaning you know Eunice is one of those rare people I believe always knows what’s best. I immediately ordered a Nutribullet.
Vice Chairman Stanley Fischer
At the “The Great Recession–Moving Ahead,” a Conference Sponsored by the Swedish Ministry of Finance, Stockholm, Sweden
Additional steps have been taken in some countries. For example, in the United States, capital ratios and liquidity buffers at the largest banks are up considerably, and their reliance on short-term wholesale funding has declined considerably. Work on the use of the resolution mechanisms set out in the Dodd-Frank Act, based on the principle of a single point of entry–though less advanced than the work on capital and liquidity ratios–holds the promise of making it possible to resolve banks in difficulty at no direct cost to the taxpayer. As part of this approach, the United States is preparing a proposal to require systemically important banks to issue bail-inable long-term debt that will enable insolvent banks to recapitalize themselves in resolution without calling on government funding–this cushion is known as a “gone concern” buffer.
By Melanie Hicken
New parents be warned: It could cost nearly a quarter of a million dollars to raise your child — and that’s not even including the cost of college.
To raise a child born in 2013 to the age of 18, it will cost a middle-income couple just over $245,000, according to newly released estimates from the U.S. Department of Agriculture. That’s up $4,260, or almost 2%, from the year before.
***CAF Note: As I hear the stories roll in from Ferguson, Missouri, my one question is “cui bono?” – who benefits? I keep thinking of the day I sat with a former intelligence agent as he explained to me how his colleagues engineered the 1968 riots. It was quite an education. So here’s the question. Whose payroll is financing the individuals who are “rioting.”***
“Tonight, a day of hope, prayers, and peaceful protests was marred by the violent criminal acts of an organized and growing number of individuals, many from outside the community and state, whose actions are putting the residents and businesses of Ferguson at risk,” [Missouri Governor] Nixon said in a statement on ordering the Missouri National Guard into Ferguson, Missouri.
“Affiliates of Blackstone control us and their interests may conflict with ours or yours in the future” ~ Risk Section, SeaWorld Entertainment Stock Prospectus
By Catherine Austin Fitts
The Blackstone Group is the largest private equity investment firm in the world. One of its many investments is a 22.5% ownership position in SeaWorld Entertainment held by the firm and its co-investors, including affiliates of Goldman Sachs. (See SeaWorld Entertainment 2014 Proxy)
Blackstone purchased SeaWorld as part of its acquisition of the Bush Entertainment Corporation in 2009. The firm’s efforts to reduce its ownership began with SeaWorld’s filing of an S-1 Registration statement in December 2012.
SeaWorld proceeded with the offering in April 2013 and a subsequent offering in April 2014 as well as repurchases of shares into treasury stock, which brought Blackstone’s holdings down to the much lower level of 22.5%, albeit still in the lead investor position. Blackstone has a strong position on the SeaWorld board, with three senior Blackstone executives serving as members of the board of directors.
By Dr. Patricia Buckley & Dr. Peter Viechnicki
Nothing on The Solari Report should be taken as individual investment advice. Anyone seeking investment advice for his or her personal financial situation is advised to seek out a qualified advisor or advisors and provide as much information as possible to the advisor in order that such advisor can take into account all relevant circumstances, objectives, and risks before rendering an opinion as to the appropriate investment strategy.
© Solari 2012