Derivatives have many purposes. One is to quietly launder the profits out of one place into another without the niceties of legal authorizations and documents. Everything is hidden behind the pricing …

by Greg Palast

On 10th Anniversary of the Battle in Seattle Bankers’ scheme to re-open finance casino worldwide. Apparently, one meltdown isn’t enough for the World Trade Organization. They meet to…

Listen to the show. . .

The levels of government debt have reached the point where even mainstream banks are encouraging investors to consider the “collapse scenario” in their strategies.

View full document . . .

By Suzanne McGee

With money tight, top philanthropists insist on more bang for the buck. Meet the 25 most effective givers.

The name of the game in philanthropy this year is to make your dollars g…

By Bob Ivry

Mark Pittman, the award-winning reporter whose fight to make the Federal Reserve more accountable to taxpayers led Bloomberg News to sue the central bank and win, died Nov. 25 in Yonker…

Commentary by Alice Schroeder

I just wrote my first reference for a gun permit,” said a friend, who told me of swearing to the good character of a Goldman Sachs Group Inc. banker who applied to t…

Max Keiser has me using a new word—duopoly. It is a word worth learning and a phenomenon worth considering as we look around the landscape.

Duopoly at Wikipedia

By: Wanda Lau

Cities take on different faces during the holiday season–some are the spitting image of Scrooge, others look like Santa. Which one your town resembles has nothing to do with Styrofoa…

“The Triumph of Death”

by Murray N. Rothbard

Most people — historians not excepted — are tempted to think of economic and cultural progress as being continuous: in every century people are bett…

By Ambrose Evans-Pritchard

Stephen Jen from the hedge fund Blue Gold Capital has a warning for those who think that gold has risen far too high, is necessarily in a speculative bubble, and must soo…

By Caroline Salas and Matthew Leising

Connecticut plans to join Ohio in suing credit-rating companies for “negligent, reckless and incompetent work” in grading debt purchased by state pension f…

Author: Dorothy Kosich

Unprecedented demand, a shortage of blanks, and restrictive policies and regulations continue to exacerbate what is almost becoming a chronic shortage of gold and silver coins…

By Sophia Tareen

Prentice Jones worked construction jobs around Chicago for most of his 60 years and is quick to boast of a foreman job he once held at a revamped city college and 23 years at a ste…

By Joe Weisenthal and Vincent Fernando Continue reading Chart of The Day: Americans Are More Broke, And More Desperate For Deals

View the full document . . .

By Anne Seith

Two Deutsche Bank funds were designed to profit from premature deaths in the US by buying up life insurance policies. But investors have seen precious little return on their investmen…

By Yasha levine

Thanks to AIG, some of the poorest residents of rural Kentucky learned you can always be made poorer by corporate villains.

What are we getting in return for the bailout? So far, p…

By Kieran Crowley, Rich Wilner and Dan Mangan

A Long Island couple is home free after an outraged judge gave them an amazing Thanksgiving present — canceling their debt to ruthless bankers trying …

By Joshua M Brown

Continue reading John Paulson Likes Gold…More Than a Friend

WikiLeaks releases 573.000 pager intercepts from 9/11 2001.

From 3AM on Wednesday November 25, 2009, until 3AM the following day (US east coast time), WikiLeaks will release over half a million US …

Nov. 27 (Bloomberg)—Dubai’s debt woes may worsen to become a “major sovereign default” that roils developing nations and cuts off capital flows to emerging markets, Bank of America Corp. sai…

Nov. 26 (Guardian-UK) Fourteen years ago, a pasty Irish teenager with a flair for inventions arrived at Edinburgh University to study artificial intelligence and computer science. For his thesis pro…

One of the many blessings of living in Hickory Valley, Tennessee is that I know, respect and like my Mayor and the members of my Town Council.

The Council meets monthly and reviews and pay the bills …

Continue reading CHART OF THE DAY: We’re Still Generating Too Many Negative Equity Mortgages

By David M. Halbfinger

The Lou Dobbs-for-Senate rumor had barely crested when the Lou Dobbs-for-president rumor suddenly overtook it this week.

Mr. Dobbs, the former cable television anchor of the…

By Brian Womack

Facebook Inc., the world’s biggest social-networking site, introduced a dual-class stock structure to let current shareholders hold onto voting control.

The decision shouldn’t …

By Bruno Waterfield, Justin Stares and Colin Freeman

Within days of taking office in January, the former Belgian prime minister will put his weight behind controversial proposals already floated by t…

By George Friedman

The Iranian government has rejected, at least for the moment, a proposal from the P-5+1 to ship the majority of its low-enriched uranium abroad for further enrichment. The group …

Continue reading Climategate: Dr. Tim Ball on The Hacked CRU Emails

Overview

Canadian banks, trust companies, loan companies, credit unions, deposit-taking insurance companies, pension funds and retail associations are regulated and examined for safety and soundnes…

Magisterial District Judge Jene Willwreth today dismissed both charges brought by the Pennsylvania Department of Agriculture against C.A.R.E. member Jan Haller in Ephrata, Pennsylvania. Before cros…

by Jesse

The increase in the monetary base created by the Fed’s monetization of debt is striking, not seen since the early stages of the Great Depression.

Banks are not lending despite the massive…

Continue reading Gold Contrarians Will Get Killed

Posted By Dr. John Mercola

France’s highest court has ruled that U.S. agrochemical giant Monsanto had not told the truth about the safety of its best-selling weed-killer, Roundup. The court confirme…

View at “Missouri Billboard”

by John Myers

A new report estimates that California officials will face a budget gap of nearly $21 billion over the next year and a half.

Not only is there no light at the end of the tunnel of Cali…

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…

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

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

~ Patriarch Pavle

Continue reading Patriarch Pavle of Serbia

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 …

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…

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

Goldman’s business model is simple.

The investment bank uses t…

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 &am…

Continue reading Arsenal of Hypocricy (part 1)

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Continue reading Chart of The Day: An Inflation Warning Sign

The Wireless Communications Association International (WCAI) exists to advance economic opportunity for the wireless broadband industry worldwide. WCAI is a technology-neutral trade association that…

November 14, 2009

Ladies and Gentlemen:

Your editorial “The FHA’s Bailout Warning” states that the deterioration in The Federal Housing Administration’s (FHA) financial position “is the result of th…

By Vivien Lou Chen and Sandrine Rastello

Federal Reserve Bank of New York President William Dudley said the central bank could curtail the risk of future liquidity crises by providing a “backstop…

I enjoy reading Barbara Ehrenreich’s work.

Ehrenreich seeks reality. She goes to great lengths to personally experience the phenomenon about which she writes. She combines intimate effort with the …

By Geraldine Fabrikant

The latest tax filing for Goldman Sachs’s foundation is as thick as a phone book. The list of trades is more than 200 pages, single spaced. Goldman, it seems, invests like …

By Eric deCarbonnel

The graphic below shows counties designated as disaster areas by the U.S. Department of Agriculture.

View Larger Chart

Continue reading USDA Declares Half of Midwest as Agricul…

Report: Reform would cut senior healthcare.

They simply want to steal $500 Billion of “entitlements”(already paid for) health care for the elderly.

More than $500 billion in cuts from Medicare spen…

By Carrie A. Moore

Women diagnosed with cancer or multiple sclerosis are over six times more likely to be divorced than men with the same diagnosis, according to a new study co-authored by a former…

View Larger Chart

Continue reading ETF Investors Are Still Fleeing U.S. Stocks

By Steve Lodge

The investment preferences of the world’s wealthiest families have shifted significantly in favour of gold and other commodities and away from hedge funds in the wake of the financ…

Click the image to view the full interactive piece.

By Franklin Sanders

~ Franklin Sanders has graciously agreed to allow us to post his article which originally appeared in the October 14, 2009 issue of The Moneychanger newsletter.

After I spoke in…

The Rasmussen Report

After being knocked out of first place last month for the first time in nearly two years, the economy is back as the issue voters view as most important.

The latest Rasmussen …

ZeroHedge.com (10 Nov 09)

The decline in the number of U.S. listed companies has cost our economy millions of potential jobs.
Market structure changes began to erode support for small cap stocks an…

November 8, 2009
ASSOCIATED PRESS

A Northwestern University professor and journalism students who spent three years investigating the case of a man convicted in the 1978 killing of a security guard b…

By J.N. Tlaga

Between January 3 and April 18 of 1995, the value of US dollar in Japanese yen declined 20% from 100 to 80 yen. This 20% drop created automatic 20% price subsidy in Japan for American…

At Clusterstock

By Andrew Torchia

LONDON (Reuters) – The U.S. dollar may come under renewed pressure from emerging market currencies and the euro after a meeting of the world’s top finance officials failed to take c…