Author: Mark Gilmore
Goldman + Treasury = Still Clueless
Continue reading Bush TARP Head: Obama Picking Up Where We Left Off, “Actions Are Very Consistent” (VIDEO)
'Goldman Sachs says 'Tolerate The Inequality'
By Kathryn Hopkins
One of the City’s leading figures has suggested that inequality created by bankers’ huge salaries is a price worth paying for greater prosperity.
In remarks that will fuel the r…
Paris Regulators to Govern City of London Risk Positions? Oh my!
By Ambrose Evans-Pritchard
A European super-regulator will have the final say over London’s vast derivatives market and will acquire powers to limit the positions taken by banks and hedge funds, ac…
Uncle Sam's Gift to the Prudent Saver: Less Money
By Allan Sloan
This is a quiz. What do the record-high Wall Street bonuses have in common with the record-low yields for savers? Answer: They show yet another way that prudent people, especially tho…
Our Hero – E. Adam Webb
By R. Robin McDonald
An Atlanta attorney has sued one of the nation’s largest credit card distributors on behalf of a potential class of credit card holders in a complaint that reflects the public …
Insider Trade of the Day
By Sam Smith
Adam Storch, vice president of Goldman Sachs’ Business Intelligence Group has become head of the SEC’s enforcement division. It doesn’t get much more cynical than that.
Continue readi…
LA's Wall Project
The Wall Project, the largest commemoration in the US of the 20th anniversary of the fall of the Berlin Wall, will be staged in Los Angeles with segments of the real Berlin Wall along Wilshire Boule…
Social Media Next On CIA List
By Noah Shachtman
America’s spy agencies want to read your blog posts, keep track of your Twitter updates — even check out your book reviews on Amazon.
In-Q-Tel, the investment arm of the CIA …
Five-year S&P 500 Price/Earnings Ratio
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Five-year S&P 500 Price/Earnings Ratio
The Secret is Out: The Real NASDAQ 100 Price-To-Earnings ratio
Futures in Talks with Options
By Emre Peker
CME Group Inc. and the Chicago Board Options Exchange are in informal talks for a takeover, Crain’s said, citing people familiar with the discussions.
An acquisition would value CB…
ALERT: Special Swine Flu Update
By Dr. Mercola:
Urgent and vital information you need to know about the massive amount of disinformation that the media has recently escalated as best demonstrated by 60 Minutes segment on Swine Flu …
General Xu Caihou To Visit US
China’s second-ranking military officer will travel to Washington later this month on a week-long visit designed to promote trust and avoid “misunderstandings,” the Pentagon said Wednesday.
General…
Vaclav Klaus: Too Late to Stop Lisbon Treaty
The only EU leader who has not yet signed the Lisbon reform treaty has conceded he will not be able to derail it.
Czech President Vaclav Klaus’s admission has paved the way for the document to become…
Is the Media really Stupid?
By “A Reader”
This morning I received the following link, from a friend, regarding Jon Stewart skewering CNN for fact-checking a SNL skit while not fact-checking their own guests:
‘Daily Show’ Destr…
Goldman Sachs Bonus Pot Breaks Record
By Andrew Clark
Put the bottles of Krug on ice. Golden days are here again for elite investment banks. Goldman Sachs is gearing up to pay its biggest ever bonuses to its 31,700 employees after raking…
Latin America Plans US Dollar Replacement
Latin American leaders have agreed on using a new intra- regional trading currency, dubbed as Sucre, instead of the US dollar.
Bolivian President Evo Morales, who hosted leaders of the Bolivarian A…
Quote du Jour
“We will bankrupt ourselves in the vain search for absolute security”
~ Dwight David Eisenhower
Linda Minor at Minor, Minor, Minor,
I am often asked what sources of information that I most trust. Hands down, one of my most valuable sources over the last two decades has been Linda Minor, an attorney in Texas who has produced extr…
World Air Traffic
The yellow dots are airplanes in the sky during a 24 hour period. Stay with the picture. You will see the light of the day moving from the east to the west, as the Earth spins on it’s axis. Also you…
Money & Markets – Week of 10.18.09
Goldman Sachs Still Paid for Swaps on Redeemed Bonds (Update2)
Bloomberg.com (23 Oct 09)
Companies Played Key Role in Getting Salaries Cut
The Slatest (22 Oct 09)
BOE’s King: Big Banks Should Get…
Precious Metals – Week of 10.18.09
Roubini: A Big Crash Is Coming, But I Don’t Believe In Gold
The Money Game (23 Oct 09)
CME To Allow Gold As Collateral For All Exchange Products
Market Watch (19 Oct 09)
Mortgage Markets – Week of 10.18.09
A Million Frozen Out Of Mortgage Market
The Independent (20 Oct 09)
FDIC Failed to Limit Commercial Real-Estate Loans, Reports Show
Bloomberg.com (20 Oct 09)
Irish House Prices To Fall 45pc As Deb…
Geopolitical – Week of 10.18.09
China Expands Cyberspying in U.S., Report Says
The Wall Street Journal (23 Oct 09)
Roberts Speaks Out on DWI Case
AOL News (20 Oct 09)
The Geopolitics Behind The Phoney US War in Afghanistan
Financ…
Technology – Week of 10.18.09
High-speed Chase Ends When OnStar Halts Stolen SUV
Yahoo News (19 Oct 09)
Rats Can Save Human Lives
Ode (Sept/ Oct 09)
How To Make Electricity
Zero Hedge (19 Oct 09)
Moscow Mayor Promises a Winter…
Life – Week of 10.18.09
Foreclosures Force Ex-Homeowners to Turn to Shelters
The New York Times (19 Oct 09)
Food & Health – Week of 10.18.09
Keeping The Customer Satisfied
Philly.com (Oct 2009)
New York Suspends Mandatory Flu Shots For Health Workers
CNN Health.com (22 Oct 09)
Swine Flu Cases Overestimated?
CBS News.com (21 Oct 09)
Flo…
Ten Days in Space = $35 Million
By Mansur Mirovalev
Cirque du Soleil founder Guy Laliberte said Tuesday his mission was accomplished after a 10-day trip to the International Space Station where he hosted a global Web broadcast th…
Ruling Could Undo Thousands of Foreclosure
By Jerry Kronenberg
A real estate judge is refusing to reverse a landmark ruling that opens the door to voiding tens of thousands of Bay State foreclosures dating as far back as 1989.
“The forecl…
United Nations Climate Change Conference 2009
The United Nations Climate Change Conference will take place at the Bella Center in Copenhagen, Denmark, between December 7 and December 18, 2009. The conference includes the 15th Conference of the …
Freeze in Social Security Benefits
By Robert Pear,
For the first time in more than three decades, Social Security recipients will not get any increase in their benefits next year, federal forecasts show.
The absence of a cost-of-livi…
What's Up With Gold?
By: Rob Kirby
Earlier this week, I wrote about possible “incongruities” in the gold bar registry of GLD [SPDR Gold Shares (GLD)]. Specifically, here is what has happened to the GLD bar list whi…
Does the Vaccine Matter?
By Shannon Brownlee and Jeanne Lenzer
The term influenza, which dates back to the Middle Ages, is taken from the Italian word for occult or astral influence. Then as now, flu seemed to appear out o…
It Begins – The No Vaccine Campaign
While watching football over at my daughter’s home, I got a call from Channel 15 asking if I could explain the motivation behind the “Support First Responders” campaign. I am hopeful that the tradit…
Does the State Own Your Organs?
By Aaron Klein
President Obama’s newly confirmed regulatory czar defended the possibility of removing organs from terminally ill patients without their permission.
Cass Sunstein also has strongly …
Bruce Wasserstein, Chairman of Lazard, Dies Unexpectedly
Bruce Wasserstein, the Wall Street investment banker who helped pioneer the hostile takeover in the 1980s and reshaped the mergers and acquisitions business into a high art, died Wednesday.
Mr. Was…
Foreclosures: Five Best and Five Worst States
View larger chart and article at businessinsider.com . . .
Congresswoman Kaptur: It's a Financial Coup d' Etat
Bill Moyers Journal : Simon Johnson & Rep. Marcy Kaptur
The Government Debt Explosion
View Larger Chart By: John Carney and Kamelia Angelova| Continue reading Chart of The Day: The Government Debt Explosion
Russia And China Eye $5.5bn Deals
Russia is hoping to sign deals worth $5.5bn (£3.5bn) with China as Prime Minister Vladimir Putin visits Beijing.
The deals may lead to Russia selling more oil and gas to China – the world’s second…
Money & Markets ~ Charts 10.15.09
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 15, 2009.
Cl…
Building Your Local Food IQ
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The Solari Report – 15 Oct 2009
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On this week’s Solari Report, we will be talking about fresh food.
Let’…
Here Be Chickens (And They're Roosting!)
A progress report released last week by the Treasury Department showed that only 11 percent (about 95,000) of Bank of America’s delinquent borrowers who were potentially eligible for the program ha…
U.S $ Index
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When Money Becomes Worthless
By Martin Hutchinson
The problem arises because of the size of the world’s capital pools in relation to its volume of trade. The total assets of U.S. hedge funds in September 2009 were $1.95 trillion…
Pentagon's Plan B 'Massive' Bomb
By Anne Gearan
The Pentagon is speeding up delivery of a colossal bomb designed to destroy hidden weapons bunkers buried underground and shielded by 10,000 pounds of reinforced concrete.
Call it P…
Does Your Boss Want You Dead?
By Liz Pulliam Weston
Right now, your company could have a life insurance policy on you that you know nothing about. When you die—perhaps years after you leave your employer—the tax-free proceeds…
Birgitta Jónsdóttir Cries "Stop Payment on Iceland"
By Webster G. Tarpley
A leading member of the Icelandic parliament called Monday night for the country to declare a debt moratorium and stop attempting to pay the $6 billion which the British and Ne…
Why Did U.S. SDR Holdings Increase Five Fold In The Last Week Of August?
By Tyler Durden
With everyone lately focused on China’s foreign reserve position, analysts have forgotten that America also has an International Reserve account consisting of foreign currency posit…
GATA's Chris Powell: Remarks to the 2009 New Orleans Investment Conference
Remarks by Chris Powell
Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
New Orleans Investment Conference
Hilton Riverside Hotel
Thursday, October 8, 2009
On Friday, September 25, Jim Ricka…
"What Defines America?"
On this Columbus Day, when Columbus “discovered” The New World (Really? Native Americans weren’t already here?) one should, I believe, ponder the following.
Is it a defined political hierarchy cente…
Enter the Popsicle Project
By Shelly Meron
Seeking to find the safest routes for kids to walk in the neighborhood and to start a community conversation about safety, Beaulieu teamed with Richmond-based nonprofit Center for H…
Big Brother Google
On April 22, 2007, Bear Stearns hedge fund manager Matthew Tannin sent an e-mail to fellow hedge fund manager Ralph Cioffi. “The entire subprime market is toast,” he said. “There is simply no way fo…
Southern National Congress: Crisis In Health Care Due To Intrusions of Government
Health care in America remains the best in the world, and we Americans have been blessed by compassionate, dedicated, and highly skilled medical professionals and practitioners. However, in recent d…
Steep Losses Pose Crisis for Pensions
By David Cho
The financial crisis has blown a hole in the rosy forecasts of pension funds that cover teachers, police officers and other government employees, casting into doubt as never before whet…
Feds to 60 Million American Anglers: We Don't Need You
A recently published administration document outlines a structure that could result in closures of sport fishing in salt and freshwater areas across America. The White House created an Interagency O…
The Speculative Bubble in Equities
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By Jesse
Those who have taken a huge share of the last three bubbles would like to stop the bubble now, keep their gains, and return to a system of fiscal restraint with light ta…
Robert Newman's History of Oil
Robert Newman’s History of Oil ( 2 of 9 )
Robert Newman’s History of Oil ( 3 of 9 )
Robert Newman’s History of Oil ( 4 of 9 )
Robert Newman’s History of Oil ( 5 of 9 )
Robert Newman’s History of…
Food Stamp Funding up 19%
By Andrew Taylor
Dairy farmers suffering from low milk prices would benefit from $350 million in emergency funding approved by the Senate on Thursday as it cleared a $121 billion agriculture spendi…
Prices of Gold And Silver Charts
The most wonderful Nick Laird at www.sharelynx.com has charted the prices of gold and silver using the latest CPI series as adjusted by John Williams at Shadowstats.com. Here is what he found.
View …
Government Debt: Financed by Official Sector
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BlackRock Up for Role Rating Risk at Insurers
By Leslie Scism
BlackRock Inc., which scored multiple government assignments during the financial crisis, is a contender for another prestigious gig: helping state regulators size up risks in insur…
Money & Markets – Week of 10.11.09
Greenspan Says U.S. Should Consider Breaking Up Large Banks
Bloomberg.com (16 Oct 09)
Russia Ready to Abandon Dollar in Oil, Gas Trade With China
RIANOVOSTI (16 Oct 09)
HSBC Private Bank Goes Nucl…
Precious Metals – Week of 10.11.09
Greenwich Jewelry Turns to Cash as Gold Reaches $1,000 an Ounce
Bloomberg.com (16 Oct 09)
Dow to Gold Ratio Update
GoldSeek (09 Oct 09)
Mortgage Markets – Week of 10.11.09
Foreclosures Continued to Rise in 3rd Quarter as Banks Worked on Backlog
The Washington Post (16 Oct 09)
A Secret Deal Between Wall Street and Washington Shines a Harsh Light on Federal Housing Agenc…
Geopolitical – Week of 10.11.09
Exclusive: Obama Loosens Missile Technology Controls to China
The Washington Times (15 Oct 09)
Leaked Network Memo Reveals: Obama Controls Your Television Set
Big Hollywood (15 Oct 09)
John Bolton …
Technology – Week of 10.11.09
The Pocket Spy: Will Your Smartphone Rat You Out?
New Scientist (14 Oct 09)
The US Lets Go Of The Internet – Will Anyone Notice?
NewScientist (13 Oct 09)
Pacific Ocean ‘Dead Zone’ In Northwest M…
Life – Week of 10.11.09
Made In The USA.com
Nearly Half of US Children Assaulted in Last Year
Undernews (14 Oct 09)
10,000 Apply For 90 Factory Jobs
Courier Journal.com (08 Oct 09)
Battle of The Rubik’s Cube
Reuters.uk …
Food & Health – Week of 10.11.09
Living Near Green Lowers Anxiety, Depression Rates, Study Finds
Bloomberg.com (16 Oct 09)
India Regulator Approves First GM Vegetable
Yahoo News (14 Oct 09)
Rural America Needs You
In These Times (…
The Big Squeeze Play
“People are angry with all the shenanigans on Wall Street,” he said. “They believe their money stays local when they put it in a community bank, rather than sent off to Never-Never land.”
C…
Edible Forest Gardens
Eric Toensmeier gave a wonderful workshop at the Financial Permaculture Convergence in Hohenwald. He has a marvelous sense of how to take permaculture to profits. For those in the New England area k…
Lion And The Lamb
In from the Internet
The Jesusita Fire in Santa Barbara, California caused these two to take shelter together.
The fawn is three days old and the bobcat about three weeks. The fawn came from somew…
Gold: Until the Banks Are Restrained and Balance Is Restored
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By Jesse
Gold has apparently broken out of a big inverse Head and Shoulder formation, possibly an ascending triangle if you prefer that for reliability. In combination, as they often a…
Since When Does a Legal Entity Have "Privacy" Rights?
Since the Third Circuit said so, in its September 22, 2009 decision in AT&T v. Federal Communications Commission (No. 084024).
Most privacy practitioners would not consider a legal entity to ha…
Inflation-Adjusted Gold Prices
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Money & Markets ~ Charts 10.08.09
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 8, 2009.
Cli…
Go GATA! Special Solari Report Offer
My colleagues at GATA (Chairman Bill Murphy and Treasurer Chris Powell above) have done an extraordinary job of documenting manipulation of the gold market. By so doing, they have helped private inves…
Precious Metals Market Report
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The Solari Report – 08 Oct 2009
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This is the second week of the month. That means I am headed over to W…
UN Calls For New Reserve Currency
The United Nations called on Tuesday for a new global reserve currency to end dollar supremacy which has allowed the United States the “privilege” of building a huge trade deficit.
“Important progres…
Robert Fisk on the Gulf 'Ditching The Dollar' in Oil Trade
Continue reading Robert Fisk on the Gulf ‘Ditching The Dollar’ in Oil Trade
Bigger Bonuses For Wall Street
By Josh Fineman
More than a third of Wall Street finance professionals surveyed expect their bonuses to increase for 2009, a year after the credit-market collapse that some regulators say was fuele…
Congress Wants Health Care Bill Off Line
By Susan Ferrechio
As Congress lurches closer to a decision on an enormous overhaul of the American health care system, pressure is mounting on legislative leaders to make the final bill available on…
Oil vs. Food Control
“Control oil and you control nations; control food and you control the people.”
~ Henry Kissinger in 1970
Web Bot Project: Heads up! Reality Change Ahead!
By Clif [High] ,Cathy and Igor at Half Past Human
In running our MOM (model of modelspace) cleanup of the lexicon prior to tuning, it became apparent that October 25 turn in emotions globally will be…
New Meaning For "Chip on Your Shoulder"!
By Andrew Jack in London
Patients who fail to pop pills on time could soon benefit from having a chip on their shoulder, under a ground-breaking electronic system being developed by Novartis, the S…
Persian Poet and Philosopher Rumi
When we are dead, seek not our tomb in the earth, but find it in the
hearts of men.
~ Epitaph of Persian poet Rumi
Continue reading about the Persian Poet and Philosopher Rumi
The Long-Term Budget Outlook
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This Congressional Budget Office (CBO) report examines the pressures facing the federal budget over the coming decades by presenting the agency’s projections of federal spending…
Two Leaks and the Deepening Iran Crisis
By George Friedman
Two major leaks occurred this weekend over the Iran matter.
In the first, The New York Times published an article reporting that staff at the International Atomic Energy Agency (I…
Wall Street Housing Czars
By Pam Martens
A federal agency tasked with expanding the American dream of home ownership and affordable housing free from discrimination to people of modest means has been quietly moving a chunk of…
Supreme Court to Hear 2nd Amendment Challenge
By David G. Savage
By agreeing to hear a 2nd Amendment challenge to Chicago’s handgun ban, the justices may open the door to similar lawsuits in cities and states nationwide.
Reporting from Washin…
Canada Soundest Bank System
By Rob Taylor
Canada has the world’s soundest banking system, closely followed by Sweden, Luxembourg and Australia, a survey by the World Economic Forum has found as financial crisis and bank failu…
"Don't Talk to the Police"
By Professor James Duane
Continue reading
G-7 May Drop Joint Statement
By Martin Crutsinger
Finance ministers from the world’s seven most developed economies may not even issue a joint communique when they meet in Istanbul this weekend, a senior U.S. Treasury official…
Fleeing the Tax Man
By Karen Hube
As firmer CEO of South African Airways and co-founder of Bain Capital, Coleman Andrews has spent his career in some of the world’s biggest financial hubs. So, considering that he isn’…
Shadowstat's Money Supply, Unemployment and GDP
Continue reading Inflation, Money Supply, GDP, Unemployment and the Dollar – Alternate Data Series
Japanese Ex-Finance Minister Found Dead
Mr Nakagawa, 56, was found dead in a bedroom at his Tokyo home, Japanese news agencies reported.
The long-time LDP lawmaker stepped down as finance minister after appearing groggy at a news confere…
10th Amendment Resolutions
Legend: Blue – Introduced. Yellow – Passed one or more houses. Green – Passed Both Houses. Black – Failed Vote. White – No Resolution Introduced.
Continue reading 10th Amendment Resolutions
Irish Say Yes to Lisbon Treaty, Czechs Reluctant
By Xinhua writer Ding Yi
While the whole Europe hailed Irish “yes” to the Lisbon Treaty, the Czech republic remains reluctant to sign the document, putting obstacles on the path of the European Uni…
From Reuter Editor Picks
School children dressed as Mahatma Gandhi take part in a cultural programme on the eve of Gandhi’s 140th birth anniversary, in the central Indian city of Bhopal October 1, 2009.
Continue reading Fr…
Money & Markets – Week of 10.04.09
The Treasury Department Endorses Lying To The Public
Zero Hedge (07 Oct 09)
Asian Central Banks Intervene as Dollar Tumbles
The Wall Street Journal (08 Oct 09)
Ohmigod! Commodity Investors Might Ha…
Precious Metals – Week of 10.04.09
Why Gold if Deflation is The Threat?
Reuters (02 Oct 09)