Archive for the 'News & Commentary' Category

Europe Chooses a President

Continue reading Europe Chooses a President
Stratfor (20 Nov 09)

More than eight years after the idea was first mooted, Europe has finally got a President. Leaders of the 27 members of the European Union (EU) picked Herman Van Rompuy, the Belgian prime minister, as their choice for the post, late on Thursday evening. Baroness Catherine Ashton, currently the EU’s trade commissioner, was nominated High Representative for Foreign Policy, another new charge.

Continue reading Belgian PM Named As EU President

SixthSense Technology

Continue reading Pranav Mistry: The Thrilling Potential of SixthSense Technology
YouTube (18 Nov 09)

Catherine Austin Fitts on Alex Jones

Continue reading Catherine Austin Fitts on Alex Jones TV

Quote du Jour

Let us guard against inhumans, but let us guard even more against becoming inhuman ourselves.

~ Patriarch Pavle

Continue reading Patriarch Pavle of Serbia

The Paul-Grayson Amendment Passes

Paul-Grayson “Audit The Fed” Bill Passes Financial Services Committee
Fire Dog Lake (18 Nov 09)

The Paul-Grayson Amendment
Lew Rockwell.com (19 Nov 09)

Showdown: Ron Paul, Alan Grayson Take On Fed in House Committee Today
Truthout (19 Nov 09)

Update:

Fed Audit Shield Takes Blow After Ron Paul Proposal Advances
Bloomberg.com (20 Nov 09)

The Darker Profits from Unemployment

Hi Catherine:

This article and video have been going around on Facebook, and after reading about it I was very disturbed.

I’m wondering what your take on it is beyond the obvious and if you have any books or articles on the “business” of the prison system, youth incarceration or child sex trafficking in the US that you would recommend.

I would like to learn more about this terrible situation and possibly join an organization to help change things.

Article/Video: Sarah Kruzan: Sentenced to Life Without Parole at Age 16

Thank you and hope all is well with you in this not so well world!

Concerned in California

Continue reading ‘The Darker Profits from Unemployment’

Goldman, God & the Great Vampire Squid

Goldman has a political problem and the tension is rising daily as the housing market continues to swoon and unemployment rises.

Goldman’s business model is simple. The investment bank uses taxpayer credit to engage in high risk speculation for its own account in a manner that prevents capital from circulating to the real economy. This results in huge profits which Goldman uses to pay billions in bonuses to Goldman partners and bankers.

With unemployment over 10%, lots of educated people have the time to unpack and explain the Goldman model to everyone else. Consequently, Goldman’s goose is getting cooked daily in the blogosphere.

Throwing salt on open wounds, Goldman’s chairman recently said that they were doing “God’s work.

The response was not positive. Maureen Dowd of the New York Times quoted Rolling Stone’s Matt Taibbi, who labeled Goldman “a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.”

Continue reading ‘Goldman, God & the Great Vampire Squid’

Paulson To Invest $250m In New Gold Fund

By James Quinn

Mr Paulson, best known for making $3.7bn from bets on the collapse of the US sub-prime mortgage market, is believed to have told investors that the new fund, to be run by Paulson & Co, will invest not just in gold miners but also in other investments related to the precious metal.

Although not Paulson & Co’s first foray into gold, given approximately 10pc of the $30bn it has under management is in gold-related investments, it would be the firm’s first pure-play gold fund.

No fund-raising cap is thought to have been set at the moment, but Mr Paulson’s personal commitment is considerable and is likely to be seen as a highly attractive draw by investors.

Continue reading John Paulson To Invest $250m In New Gold Fund

“Space War”

Continue reading Arsenal of Hypocricy (part 1)

Chart of The Day: An Inflation Warning Sign


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Continue reading Chart of The Day: An Inflation Warning Sign