Author: Mark Gilmore
Carolyn Betts for Columbia Township Fiscal Officer
Web space contributed by:
Solari, Inc., Catherine Austin Fitts, President, P.O. Box 157, Hickory Valley, TN 38042.
Paid for by Committee to Elect Carolyn Betts as Columbia Township Fiscal Officer,…
Money & Markets – Week of 10.17.10
AIG Raises $17.9 Billion And Prices AIA IPO at Top
Reuters (22 Oct 10)
Unethical Investing By Charities
Alrroya (21 Oct 10)
Google 2.4% Rate Shows How $60 Billion Lost to Tax Loopholes
Bloomberg (21…
Money & Markets – Week of 10.17.10
AIG Raises $17.9 Billion And Prices AIA IPO at Top
Reuters (22 Oct 10)
Unethical Investing By Charities
Alrroya (21 Oct 10)
Google 2.4% Rate Shows How $60 Billion Lost to Tax Loopholes
Bloomberg (21…
Eric Holder To Prosecute Distribution, Possession If Prop. 19 Passes
By Marcus Wohlsen
Attorney General Eric Holder is warning that the federal government will not look the other way, as it has with medical marijuana, if voters next month make California the first s…
Precious Metals – Week of 10.17.10
Gold May Hit $1,850 By Dec 2011
Rediff.com Business (22 Oct 10)
Now -That – Was a Gold Bubble
timiacono.com (20 Oct 10)
Chinese Silver Exports Expected to Plunge, Diverted by Investment Demand
GAT…
Housing & Mortgage Markets – Week of 10.17.10
The Rent Too Damn High in Dubai? Not So Much
Time (22 Oct 10)
New York Judge Orders Foreclosure Lawyers Held Accountable For Accuracy Of Paperwork
The Huffington Post (20 Oct 10)
YouTube
Foreclosu…
Housing & Mortgage Markets – Week of 10.17.10
The Rent Too Damn High in Dubai? Not So Much
Time (22 Oct 10)
New York Judge Orders Foreclosure Lawyers Held Accountable For Accuracy Of Paperwork
The Huffington Post (20 Oct 10)
YouTube
Foreclosu…
Geopolitical – Week of 10.17.10
Sarkozy Sets The Heavy Squad on The Riots as Demonstrations Over French Pension Reforms Continue For Ninth Day
Mail Online (22 Oct 10)
Foreclosure Freeze Could Put Security Clearances at Risk
The Was…
Food & Health – Week of 10.17.10
Experts Admit Swine Flu Jab ‘May Cause’ Deadly Nerve Disease
Mail Online (16 Oct 10)
Foodstamp Usage Climbs To New All Time Record Highs
Zero Hedge (6 Oct 10)
Food & Health – Week of 10.17.10
Experts Admit Swine Flu Jab ‘May Cause’ Deadly Nerve Disease
Mail Online (16 Oct 10)
Foodstamp Usage Climbs To New All Time Record Highs
Zero Hedge (6 Oct 10)
The Fort Knox Question
By David Liechty
Question from a Solari Report Subscriber:
Is there gold in Ft Knox? – Who does it belong to? – Are the bars real or phony?
According to the U.S. Mint website, the U.S. Bullion D…
Life – Week of 10.17.10
How to Opt Out of The TSA’s Naked Body Scanners at The Airport
Natural News (19 Oct 10)
Unemployed Entrepreneurs: In The Absence of Jobs, Some People Create Their Own
The Huffington Post (21 Oct 10)
Science & Technology – Week of 10.17.10
What To Do If We Find Extraterrestrial Life
MSNBC (18 Oct 10)
Google to Bring Dead Sea Scrolls Online
Yahoo Finance (19 Oct 10)
Father and Son Launch iPhone Into Space
Mashable.com (18 Oct 10)
Fac…
Science & Technology – Week of 10.17.10
What To Do If We Find Extraterrestrial Life
MSNBC (18 Oct 10)
Google to Bring Dead Sea Scrolls Online
Yahoo Finance (19 Oct 10)
Father and Son Launch iPhone Into Space
Mashable.com (18 Oct 10)
Fac…
Foreclosure Crisis Slams Into Banks
By Mark Gongloff
The mortgage-foreclosure crisis spilled into the financial markets on Thursday, driving down bank stocks and weighing on mortgage bonds as investors took a grim view of the potential…
Quote du Jour
“Humans adapt remarkably well to disaster as long as the disaster occurs over a long period of time.”
~Dan Olmsted and Mark Blaxill, “The Age of Autism”
Battlestar Galactica
YouTube
Battlestar Galactica
Wikipedia
Navigating the Housing Bubble
By Catherine Austin Fitts
When I was assistant secretary of HUD during Bush I and the lead financial advisor to the Federal Housing Administration under President Clinton, I watched from the position…
Catherine’s Letters to New York Times “Tapeworm” Economics of Prison Stocks
Catherine’s letter to the NY Times about the perverse incentive systems and “tapeworm” economics of prison stocks before she knew that Dillon had banked and cashed out of Cornell:
Letters to the Edit…
Catherine's Letters to New York Times "Tapeworm" Economics of Prison Stocks
Catherine’s letter to the NY Times about the perverse incentive systems and “tapeworm” economics of prison stocks before she knew that Dillon had banked and cashed out of Cornell:
Letters to the Edit…
The Wheels Are Coming Off in MBS Land: All 50 State AGs Join Probe; Banks Abandoning MERS Foreclosures
By Yves Smith
I get on an airplane, and there are more dramatic developments by the time I land.
Even though the headline item is the fact that the attorneys general in all 50 states are joining t…
Money & Markets Charts ~ 10.14.10
View this week’s chart comparisons of gold against fiat currencies, oil and the Dow. Stay tuned for our next Money & Markets segment of The Solari Report tonight, Thursday, October 14, 2010.
Cl…
Money & Markets Charts ~ 10.14.10
View this week’s chart comparisons of gold against fiat currencies, oil and the Dow. Stay tuned for our next Money & Markets segment of The Solari Report tonight, Thursday, October 14, 2010.
Cl…
Federal Court Overturns Ban on Milk Labeling
The Sixth U.S. Circuit Court of Appeals struck down an Ohio state ban last week that prohibited dairy not treated with bovine growth hormone from being labeled “rbGH free,” “rbST free” or …
Precious Metals Market Report – 14 Oct 2010
Listen to the MP3 audio file
The Solari Report – 14 Oct 10
Download the MP3 audio file
By Catherine Austin Fitts
I’m in Silicon Valley for the month of October. So I …
?The Essence Of The Banking Industry…?
YouTube
The International
Interpol Agent Louis Salinger (Clive Owen) and Manhattan Assistant District Attorney Eleanor Whitman (Naomi Watts) pool their resources in an attempt to break up an intern…
Excerpts: Catherine in 2009
YouTube
(22 Nov 09)
Foreclosure Scandal Far More Serious Than Media Is Letting On
By Sam Smith
If you were to sign a false legal document, the courts and police would not call it “flawed paperwork.” But that’s the term the Associated Press is using about the foreclosure situatio…
Foreclosure Fraud For Dummies
This is a series giving a basic explanation of the current foreclosure fraud crisis: This is Part One.
The current wave of foreclosure fraud and the consequences for the economy are difficult to fo…
Quote du Jour
“It is no secret to most of you that our most significant results over many years have been the result of concentration in certain assets that, from time to time, go unloved.
As an example, oil at $…
G20 Summit – November 2010
2010 G-20 Summit – Seoul, South Korea
Agenda:
Ensuring global economic recovery
Framework for strong, sustainable, and balanced global growth
Strengthening the international financial regulator…
The Metropolitan Opera Comes to Your Hometown
One of the many benefits of a career in New York was having season box tickets to the Metropolitan Opera. I used to see the opera and then walk home past Tower Records where I would load up on opera…
Die Bandwurm-Ökonomie
Lars Schall has just translated my article “The American Tapeworm” into German.
Here it is!
Freitag, 8. Oktober 2010 22:23
von Catherine Austin Fitts , Übersetzung von Lars Schall
Kehren wir ei…
A Favorite Verse
–Yes, in those wanderings deeply did I feel
How we mislead each other; above all,
How books mislead us, seeking their reward
From judgments of the wealthy Few, who see
By artificial lights; how the…
Organic Egg Report and Scorecard
The Cornucopia Institute’s report, Scrambled Eggs: Separating Factory Farm Egg Production from Authentic Organic Agriculture, will empower consumers and wholesale buyers who want to invest their f…
IMF Meetings End Without Resolution to Currency Crisis
By Suzanne Presto
The International Monetary Fund concluded two days of talks in Washington Saturday without reaching a solution to address rising tensions about currency exchange rates. Meanwhil…
British Navy to Reduce to Smallest Size Ever to Save Carriers
The Navy is set to be reduced to the smallest size in its history after admirals yesterday offered drastic reductions in the fleet in order to save two new aircraft carriers from defence cuts.
By T…
Commodity Price % Increases Year over Year
Agricultural Raw Materials 24%
Industrial Inputs Index 25%
Metals Price Index 26%
Barley 32%
Oranges 35%
Beef 23%
Pork 68%
Salmon 30%
Sugar 24%
Wool 20%
Cotton 40%
Palm Oil 26%
Hides 25%
Rubber 62%
Ir…
Thoughts on Financial Reporting
By Rob Kirby
First reported by Dawn Kopecki back in 2006 when she reported in BusinessWeek Online in a piece titled, Intelligence Czar Can Waive SEC Rules , “President George W. Bush has bestowed o…
?The Vanishing of the Bees
YouTube
Related reading:
?Vanishing of The Bees?
vanishingbees.com
The Biggest Fraud
By Ezra Klein
Janet Tavakoli is the founder and president of Tavakoli Structured Finance Inc. She sounded some of the earliest warnings on the structured finance market, leading the University of C…
Revolt of the Accountants
By Peggy Noonan
Washington is turning America into Paperwork Nation.
If you write a column, you get a lot of email. Sometimes, especially in a political season, it’s possible to discern from it ce…
The $320 Billion Broadband Rip-Off
By David Rosen and Bruce Kushnick
Since 1991, the telecom companies have pocketed an estimated $320 billion — that’s about $3,000 per household.
This is a conservative estimate of the wide-scale…
Money & Markets – Week of 10.10.10
OPEC Members Seek $100 Oil to Counter Dollar Weakness
Bloomberg (15 Oct 10)
Recession Will Never End If This Tunnel Isn’t Built: Joe Mysak
Bloomberg (14 Oct 10)
Cotton Surges Exchange Limit to Reco…
Money & Markets – Week of 10.10.10
OPEC Members Seek $100 Oil to Counter Dollar Weakness
Bloomberg (15 Oct 10)
Recession Will Never End If This Tunnel Isn’t Built: Joe Mysak
Bloomberg (14 Oct 10)
Cotton Surges Exchange Limit to Recor…
Precious Metals – Week of 10.10.10
Somebody Jumps Through Hoops to Get Real Gold Out of an ETF
GATA (14 Oct 10)
BIS Collects a Lot More Gold, But From Whom?
GATA (13 Oct 10)
Gold Surges To Fresh Record Spot Of $1,367.65 On Report Chi…
Housing & Mortgage Markets – Week of 10.10.10
The Real Danger From the Foreclosure Crisis
Washingtons Blog (15 Oct 10)
Foreclosure Fraud: Megabanks At Risk As Analyst Identifies New Problems With Mortgages
The Huffington Post (14 Oct 10)
Fore…
Housing & Mortgage Markets – Week of 10.10.10
The Real Danger From the Foreclosure Crisis
Washingtons Blog (15 Oct 10)
Foreclosure Fraud: Megabanks At Risk As Analyst Identifies New Problems With Mortgages
The Huffington Post (14 Oct 10)
Fore…
Geopolitical – Week of 10.10.10
The Catholic Church is a Criminal Enterprise
True/Slant (27 March 10)
The DC Analysis: Offshore Drilling Moratorium’s End is Way Overdue
Yahoo News (13 Oct 10)
For a DREAMy, Wartime, National Serv…
Food & Health – Week of 10.10.10
Inside Story – Behind The Latest Food Crisis
The Real News (14 Oct 10)
Supreme Court to Consider Vaccine Case
The New York Times (11 Oct 10)
Health Buzz: Spinal Patient Is First to Get Embryonic Ste…
Food & Health – Week of 10.10.10
Inside Story – Behind The Latest Food Crisis
The Real News (14 Oct 10)
Supreme Court to Consider Vaccine Case
The New York Times (11 Oct 10)
Health Buzz: Spinal Patient Is First to Get Embryonic Ste…
Life – Week of 10.10.10
India’s Richest Man Mukesh Ambani Moves Into £630m Home
Telegraph.co.uk (14 Oct 10)
10 Energy-Efficient Moves to Do in a Weekend
Kiplinger (13 Oct 10)
Learning to Trust Each Other, Online and Off
S…
Science & Technology – Week of 10.10.10
UK Schools Doing UFO Crash Drills
Dateline Zero (10 Oct 10)
What A Scientist Didn’t Tell The New York Times About His Study on Bee Deaths
CNN Money (8 Oct 10)
Science & Technology – Week of 10.10.10
UK Schools Doing UFO Crash Drills
Dateline Zero (10 Oct 10)
What A Scientist Didn’t Tell The New York Times About His Study on Bee Deaths
CNN Money (8 Oct 10)
Thank You, Mr. President: Obama Will Not Sign Bill Seen As Cover For Bank Foreclosures
By Arthur Delaney
UPDATE: The White House announced Thursday afternoon that President Obama would not sign a bill that some consumer advocates worried would make it more difficult for homeowners to…
Rawesome Foods Raid on The Colbert Report
On June 30th, federal, state and local authorities raided Rawesome Foods in Venice, CA. The Colbert Report just did this piece about it.
The Colbert Report
Mon – Thurs 11:30pm / 10:30c
Rawesome …
Money & Markets Charts ~ 10.7.10
View this week’s chart comparisons of gold against fiat currencies, oil and the Dow. Stay tuned for our next Money & Markets segment of The Solari Report tonight, Thursday, October 7, 2010.
Cli…
Money & Markets Charts ~ 10.7.10
View this week’s chart comparisons of gold against fiat currencies, oil and the Dow. Stay tuned for our next Money & Markets segment of The Solari Report tonight, Thursday, October 7, 2010.
Cli…
3rd Quarter 2010: Looking Back
Listen to the MP3 audio file
The Solari Report – 07 Oct 10
Download the MP3 audio file
by Catherine Austin Fitts
In our year-end wrap up, 2009: The Year of the Giant…
The Solari Report Digest ~ New Podcast Available!
Solari has produced a new free podcast—The Solari Report Digest #16.
Listen to Solari Report Digest #16
The Solari Report Digest is a podcast featuring highlights from the live one-hour Sola…
Money & Markets Charts ~ 9.30.10
View this week’s chart comparisons of gold against fiat currencies, oil and the Dow. Stay tuned for our next Money & Markets segment of The Solari Report on Thursday, October 7, 2010.
Click her…
Money & Markets Charts ~ 9.30.10
View this week’s chart comparisons of gold against fiat currencies, oil and the Dow. Stay tuned for our next Money & Markets segment of The Solari Report on Thursday, October 7, 2010.
Click her…
Microsoft Proposes Government Licensing Internet Access
State should have power to block individual computers from connecting to world wide web, claims Charney.
By Paul Joseph Watson
A new proposal by a top Microsoft executive would open the door for g…
MERS/MBS/Foreclosure Goes RICO
By Karl Denninger
It’s about damned time.
This is worth a read, even though it’s VERY long. The bottom line is that all the Tickers I’ve written on this subject, from bad conveyances into REMICs, …
Top Censored News of 2009-10 Now Posted
The mission of Project Censored is to teach students and the public about the role of a free press in a free society – and to tell the News That Didn’t Make the News and Why, About Project Censore…
Citigroup, Ally Sued for Racketeering Over Database
By Margaret Cronin Fisk and Thom Weidlich
Citigroup Inc. and Ally Financial Inc. units were sued by homeowners in Kentucky for allegedly conspiring with Mortgage Electronic Registration Systems Inc…
Ameriquest Files Civil RICO Lawsuit for Mortgage Fraud
Defendants include Ameriquest Employees
Ameriquest filed a civil lawsuit alleging that the defendants fraudulently obtained approximately 75 properties in Kansas City, Missouri and its neighboring …
Foreclosures Slow as Document Flaws Emerge
By David Streitfeld
The foreclosure machinery that has forced millions of Americans out of their homes is beginning to seize up as some lenders and their lawyers are accused of cutting corners in t…
JPMorganChase Suspends Foreclosures
By Ellen Brown
“Maybe this is like shock therapy. Maybe this will actually get the lenders to the table and encourage them to work out deals that are to the benefit of everybody.”
–Economist Karl…
The Twister of 2010
By Peggy Noonan
In a recent trip to Omaha, Neb., I found a note prominently displayed in my hotel room warning of the possibility of “extreme weather” including “tornadic activity.” The clunky euph…
Money & Markets – Week of 10.3.10
At IMF Meeting, Finance Ministers May Plot Comprehensive Currency Market Rig
GATA (8 Oct 10
Search For Your Bank By Name – Or Find Your Bank By State And City
Bank Tracker
Mexico to Sell $1 Billion …
Money & Markets – Week of 10.3.10
At IMF Meeting, Finance Ministers May Plot Comprehensive Currency Market Rig
GATA (8 Oct 10
Search For Your Bank By Name – Or Find Your Bank By State And City
Bank Tracker
Mexico to Sell $1 Billion …
Precious Metals – Week of 10.3.10
AngloGold Ashanti Eliminates Gold Hedge Book
GATA (7 Oct 10)
The Federal Reserve is Selling Paper Gold and Buying Physical Gold
GoldSeek (4 Oct 10)
Gold and Silver – It Could Well Be a Whole New Bal…
Housing & Mortgage Markets – Week of 10.3.10
New Mexico AG Calls For Suspension of Mortgage Foreclosures
Bloomberg (8 Oct 10)
Some Courts Say Computer System Doesn’t Own Mortgages
Marketplace (7 Oct 10)
The Coming Middle-Class Anarchy
Gonza Lo…
Housing & Mortgage Markets – Week of 10.3.10
New Mexico AG Calls For Suspension of Mortgage Foreclosures
Bloomberg (8 Oct 10)
Some Courts Say Computer System Doesn’t Own Mortgages
Marketplace (7 Oct 10)
The Coming Middle-Class Anarchy
Gonza Lo…
Geopolitical – Week of 10.3.10
Government Seizes Newborn Baby Over Political Beliefs Of Parents
PrisonPlanet (8 Oct 10)
Government to Keep Control of Pension Obligations – Hutton
Reuters (8 Oct 10)
YouTube
(5 Oct 10)
9/11 Fir…
Food & Health – Week of 10.3.10
New York Asks to Bar Use of Food Stamps to Buy Sodas
The New York Times (6 Oct 10)
Is Genetically Modified Salmon Coming to a Plate Near You?
thatsfit (5 Oct 10)
The Mountain Empire’s Disappearing D…
Food & Health – Week of 10.3.10
New York Asks to Bar Use of Food Stamps to Buy Sodas
The New York Times (6 Oct 10)
Is Genetically Modified Salmon Coming to a Plate Near You?
thatsfit (5 Oct 10)
The Mountain Empire’s Disappearing D…
Life – Week of 10.3.10
America’s Smartest Cities
Yahoo Finance (1 Oct 10)
Human Landscapes in SW Florida
boston.com (30 Sept 10)
Science & Technology – Week of 10.3.10
Scientists and Soldiers Solve a Bee Mystery
The New York Times (6 Oct 10)
Apollo 14 Astronaut Claims Aliens HAVE Made Contact – But it Has Been Covered Up For 60 Years
MailOnline (24 July 08)
How Bi…
Science & Technology – Week of 10.3.10
Scientists and Soldiers Solve a Bee Mystery
The New York Times (6 Oct 10)
Apollo 14 Astronaut Claims Aliens HAVE Made Contact – But it Has Been Covered Up For 60 Years
MailOnline (24 July 08)
How Bi…
Financial Software Back Doors
YouTube
(29 Sept 10)
SEC May Seek Sanctions Against State Street Execs
The U.S. Securities and Exchange Commission may seek sanctions against two former State Street Corp. executives accused of misleading investors in a bond fund involved in a $313 million settlement w…
Americans Just Added More Money To Emerging Markets Than From 1995 – 2005
By Vincent Fernando
Total assets under management for U.S. emerging markets funds is now pretty close to the peak level it hit pre-crisis and what’s striking is how quickly money has come back.
Amer…
Title Companies Stop Insuring Foreclosed Properties
By Tyler Durden
Today’s latest chapter in what is now known as the new 3M: the Massive Mortgage Mess, is that Fidelity National has told lenders to halt foreclosures, and to stop sales of bank owne…
From “Lone Assassin” to “Lone Software Program”
By Kara Scannell and Tom Lauricella
Regulators investigating the causes of the May 6 “flash crash” singled out a Midwestern mutual-fund company’s computer-driven trade as the catalyst that sent a s…
From "Lone Assassin" to "Lone Software Program"
By Kara Scannell and Tom Lauricella
Regulators investigating the causes of the May 6 “flash crash” singled out a Midwestern mutual-fund company’s computer-driven trade as the catalyst that sent a s…
A CDO Cure for Europe?
By Satyajit Das
Detox Cures
In the first half of 2010, angst about European sovereign debt receded and market volatility eased. In the second half of 2010, concerns about Greece, Ireland, Spain an…
Ambac Sues BofA For Fraudulent Inducement Over Countrywide Bonds
By Karen Freifeld and David Mildenberg
Ambac Assurance Corp. sued Bank of America Corp. over $16.7 billion of mortgage-backed securities, saying the bank’s Countrywide Financial Corp. unit fraudu…
Ohio Secretary of State Sends Criminal Referral To US AG Over Mortgage Scandal
Ohio Secretary of State Brunner has sent a criminal referral to the US attorney general over ubiquitous mortgage fraud.
Continue reading the article . . .
Related reading:
Homes in Florida Seized…
Distrust in U.S. Media at Record High
By Lymari Morales
For the fourth straight year, the majority of Americans say they have little or no trust in the mass media to report the news fully, accurately, and fairly. The 57% who now say this…
Monsanto Shares Tumbling
Shares in Monsanto slumped by 10% on Tuesday amid talk that some of the group’s top-of-the-range corn seed, genetically modified to protect against insect pests, was delivering disappointing yields….
CIA: Scenarios for Global Governance 2025
Global governance—the collective management of common problems at the international level—is at a critical juncture. Although global governance institutions have racked up many successes since …
Your Tax Preparer Now Works for the IRS
The IRS deployed a new preparer tax identification number (PTIN) registration system Tuesday as a component of its initiative to register and regulate paid tax return preparers.
All paid tax return…
CNN Asks: Are UFOs Deactivating Nukes?
Videos From CNN.com
Meredith Whitney’s New Target: The States
By Shawn Tully
The housing crash not yet realized its full impact on budgets in the most vulnerable states. It’s the banking crisis all over again – and it’s time to stop ignoring it.
Meredith Wh…