Month: February 2010

Continue reading $5 Billion In Political Contributions Bought Wall Street Freedom From Regulation, Restraint
Wall Street Watch (4 March 09)

By Jose Luis Saavedra

One of the world’s most powerful earthquakes in a century battered Chile on Saturday, killing at least 214 people, knocking down buildings and triggering a tsunami that th…

By James Turk

Instead of depositor money being used to stimulate economic activity in the private sector by lending to businesses and consumers, the banks are helping to fund the growing federal defi…

Produced by Andrew Garcia and Damian Paetta

Continue reading Tracking The Nation’s Bank Failures

Continue reading Who Are You Mr President? Nigel Farage Asks Van Rompuy

Related reading:

Nigel Farage Insults EU President Herman Van Rompu
TimesOnLine (25 Feb 10)

Europe Chooses a President
Str…

By Matthew Futterman and Kevin Helliker
Vancouver, British Columbia

Norway’s Olympic team has won a surprising 17 medals in Vancouver so far, enough to place it third overall and only one gold meda…

By Dawn Kopecki

The Obama administration may expand efforts to ease the housing crisis by banning all foreclosures on home loans unless they have been screened and rejected by the government’s Home…

By F. William Engdahl

A major diplomatic and political scandal is erupting that could have significant import for French-American relations. It involves new research into the mysterious outbrea…

Democrats have retreated from adding new privacy protections to the primary U.S counterterrorism law, stymied by Senate Republicans who argued the changes would weaken terror investigations.

The prop…

by Gordon T Long

The Bond Vigilantes are dead – RIP – Long Live the Sultans of Swap

Every parent has had that moment when their child asks them the simplest sounding question but in that instance …

When the US commodities regulator sought public input last year on a plan to damp oil speculation, most of the hundreds of missives it received were not about energy, but silver and gold.

One lette…

European banks need to roll over €1 trillion (£877bn) of debt over the next two years at a much higher cost and in direct competition with hungry sovereign states, according to a report by Morgan…

By Dawn Kopecki

Feb. 24 (Bloomberg) Fannie Mae and Freddie Mac, the mortgage-finance companies under government control, are reporting fourth-quarter losses after writing down the value of tax credit…

Report for the UN into the activities of the world’s 3,000 biggest companies estimates one-third of profits would be lost if firms were forced to pay for use, loss and damage of environment

by Juliet…

By Richard Teitelbaum

Feb. 23 (Bloomberg)—When a congressional panel convened a hearing on the government rescue of American International Group Inc. in January, the public scolding of Treasury Sec…

Associated Press (21 Feb 10)

WASHINGTON – Americans who turn to terrorism and plot against the U.S. are now as big a concern as international terrorists, Homeland Security Secretary Janet Napolitan…

Read the article. . .

Nano Tech.pdf

View more reports at fas.org. . .

Global Crisis Leads I.M.F Experts to Rethink Long-Held Ideas
New York Times (21 Feb 10)

WASHINGTON — The International Monetary Fund has long preached the virtues of keeping inflation low and all…

Fed Probes Goldman Role in Greek Crisis
Financial Times (25 Feb 10)

Bernanke Probing Goldman’s Dealings with Greece
MarketWatch (25 Feb 10)

London Firm Was Created to Route Cash
GATA (22 …

Zero Hedge (20 Feb 10)

Much has been said lately about the record cash balance on the books of S&P 500 companies (ex. financials- those are a different story altogether). Bullish pundits claim th…

Pensions & Investments (11 Jan 10)

The Internal Revenue Service wants to tax the State of Wisconsin Investment Board some $40 million, including interest, to recover income taxes owed by a compan…

GATA (20 Feb 10)

Dear Friend of GATA and Gold:

As you may have seen from the Bloomberg News story dispatched to you previously today,(http://www.gata.org/node/8352), Federal Reserve Chairman Ben Ber…

Bloomberg (22 Feb 10)

WASHINGTON—The U.S. Supreme Court rejected an appeal by Pacific Investment Management Co., clearing the way for a lawsuit seeking more than $600 million for the company’s al…

No, it’s not abstract, up there in the clouds!” exclaimed Talita Beck. “I can see it. I can measure it.” We were talking about carbon emissions; Beck is an emissions assessor, a profession t…

Two Breadwinners plus Extra Money to support the Banking Industry. How Middle Class Americans are losing Ground by Supporting the Financial Sector.
MyBudget 360 (19 Feb 10)

Continue reading the art…

By Paul Mylchreest (12 Nov 07)

THESIS: The biggest credit bubble in modern history is showing signs of unraveling in the US. Debt/credit expansion brings forward consumption—it must either be pur…

The Economist (8 Feb 10)

THERE was a time when conservation meant keeping people away from nature. America’s system of national parks, a model for similar set-ups around the world, was based on the…

Talk about your political upsets.

Texas Rep. Ron Paul, hero of a fervant band of libertarians, unexpectedly won the presidential straw poll at the Conservative Political Action Conference today, cl…

View the article. . .

Listen to the podcast. . .

By Newt Gingrich and Peter Ferrara

You did the responsible thing. You saved in your IRA or 401(k) to support your retirement, when you could have spent that money on another vacation, or an upscale…

Tesla Motors, makers of sporty electrical cars, filed their registration statement on January 29th to go public with a $100 million offering through Goldman Sachs, Morgan Stanley, JP Morgan and D…

By Darrell Preston and Nanette Byrnes

Feb. 18 (Bloomberg) — U.S. states must contend with a more than $1 trillion gap between what they have saved and what they have promised to retired workers for …

Posting rages at IRS, claims, “I have had all I can stand”

FEBRUARY 18—The man suspected of intentionally crashing an airplane into a Texas office building today appears to have posted a lengthy on…

Rasmussen Reports (16 Feb 10)

Forty-three percent (43%) of U.S. voters rate the performance of their local government as tops compared to its counterparts on the state and federal level.

A new Rasmu…

Introduced in the Georgia General Assembly

B 416 – “Sound Money In Banking Act”; require any bank serving as a depository for the state to offer/accept gold and silver coin for deposit

A BILL to b…

WASHINGTON (Reuters) – Large financial institutions that engage in speculative activities for profit should be allowed to fail if they get in trouble, White House advisor Paul Volcker said on Sunday…

By Suzanne Goldenberg

The brains trust of the Pentagon says it is just months away from producing a jet fuel from algae for the same cost as its fossil-fuel equivalent.

The claim, which comes from…

Kinzers, PA – At 9:40 a.m. Thursday, February 4, only a few miles from the scene of the Nickel Mines Amish massacre of 2006, another drama against the Amish began as agents of the U.S. Food and Dr…

With Geoff Lawton

Also see previous blog post:

Greening the Desert

From Chris Powell – GATA – 7:45p ET Monday, February 15, 2010

Dear Friend of GATA and Gold:

In a fascinating 50-minute interview with Eric King of King World News, JSMineSet.com’s Jim Sincla…

By Tom Engelhardt, Tom Dispatch

Let me put American life in the Age of Terror into some kind of context, and then tell me you’re not ready to get on the nearest plane heading anywhere, even toward Ye…

By Mark Anderson

According to an independent British newspaper editor, in the not-so-distant future, English drivers will be charged based upon the number of miles they drive, as is being done step…

By Alan Feuer

The critical lawsuit challenging that mystery of finance known as the Bailout started, oddly enough, with a casual newsroom chat.

Mark Pittman, an investigative reporter for Bloomber…

By Daniel Tencer

Concerns over privacy have aligned with apocalyptic Biblical prophecy in a proposed Virginia law that limits the use of microchip implants on humans because of a lawmaker’s concern…

I have been looking at the impact of various events and natural disasters on the price of gold. Paul Ferguson made this chart that marks various events on a gold price history for last week’s Sola…

By Paul Krugman

For the truth is that lack of fiscal discipline isn’t the whole, or even the main, source of Europe’s troubles — not even in Greece, whose government was indeed irresponsible …

In an attempt to rein in the shadow economy and collect more tax revenue, Greece outlaws cash transactions greater than 1500 Euros. Please consider Greek Finance Minister unveils tax reform, wage poli…

By Jonathan Petre

The academic at the centre of the ‘Climategate’ affair, whose raw data is crucial to the theory of climate change, has admitted that he has trouble ‘keeping track’ of the in…

By Craig Torres and Christopher Condon

The Federal Reserve is in talks with money-market mutual funds on agreements to help drain as much as $1 trillion from the financial system as policy makers p…

Continue reading The Ed Show

By Chris Powell

While our hopes to have a documentary film made from GATA’s conference in Washington on April 18 and 19, 2008, have not been realized, videos of the 17 major presentations there now h…