By Catherine
NY Attorney General Seeks Mortgage Records
By Michael Gormley
New York Attorney General Eric Schneiderman is seeking records from three major Wall Street banks as part of a broad investigation into the mortgage crisis that fueled the recess…
The Biggest Myth About QE2 Gets Busted
By Joe Weisenthal
[click on the image for a larger version]
Continue reading the article . . .
Morgan Man Takes Over at IMF
John Lipsky is an American economist. He is currently the acting Managing Director of the International Monetary Fund. Previously the First Deputy Managing Director, he assumed his current position …
This Commodity Selloff Tracks Slower Chinese Growth
By Joe Weisenthal
Commodities have been getting clubbed of late, but it’s not clear yet whether this is a “dip” or the start of something big.
[click on the image for a larger version]
Continue re…
Voila! The IMF Disperses $2.24 billion to Ireland
The Executive Board of the International Monetary Fund (IMF) today completed the first and second reviews of Ireland’s performance under an economic program supported by a three-year, SDR 19.5 bil…
Secret Weather Weapons Can Kill Millions, Warns Top Russian Politician
By Paul Joseph Watson
A top Duma political leader caused shock waves in a recent television interview when he warned that Russia could deploy an arsenal of new technology to “destroy any part of th…
IMF to Sell Gold to Raise Bail For Strauss-Kahn
By Ben Dover
After an emergency meeting of its Board of Governors on Sunday afternoon, the International Monetary Fund announced that it would sell gold to raise bail for its managing director, Dom…
Kiva: My Latest Loan
Dugersuren Tsagaantsooj is 30 years old and lives with his wife and two sons in a house in Hovd province, Mongolia. His older son goes to a local secondary school, while the younger one is in kinderg…
The Refineries And Nuclear Power Plants Threatened If The Morganza Spillway Is [Opened|Shut]
By Tyler Durden
As we reported previously, Obama has found himself on the verge of another environmental scandal now that he has no choice but to redirect the Mississippi river via the Morganza spi…
Japan Reactor-Core Damage Is Worse Than Expected
By Joe Carroll and Michio Nakayama
Tokyo Electric Power Co. said one of the reactor cores at its stricken Fukushima Dai-Ichi nuclear plant is more seriously damaged than previously thought, setting…
Corporate Stock Buybacks Rise
By Joe Weisenthal
[click on the image for a larger version]
Continue reading the article . . .
Assange: Facebook is a Spying Machine
Continue reading the article . . .
Related reading:
RT’s Exclusive Interview With Julian Assange (Part 1)
YouTube (8 May 11)
RT’s Exclusive Interview With Julian Assange (Part 2)
YouTube (8 M…
Ah, the Equestrian Life!
I was trying to find pictures of the stable in Malvern, Pennsylvania where I used to ride to prove to the wonderful folks at National Bank of Malvern that I have a history in the neighborhood. I c…
New Research: Cell Phones Harming the Honeybees
By David Derbyshire
Phone signals confuses bees and cause them to begin flying erratically before suddenly dying
Signals from mobile phones could be partly to blame for the mysterious deaths of ho…
Ideas Wanted for 100-Year Starship Project by DARPA, NASA
The next 50 years of spaceflight will carry many challenges and surprises for explorers hoping to extend their reach into the cosmos. But it will also likely hold untapped riches for space science an…
How A Bank Makes Money
By Joe Weisenthal
[click on the image for a larger version]
Continue reading the article . . .
Senate Action Argues for Goldman Criminal Indictment
By Rolling Stone Magazine
A Senate committee has laid out the evidence. Now the Justice Department should bring criminal charges
They weren’t murderers or anything; they had merely stolen more money…
Ireland to Tax Pension Funds
By Joe Brennan and Dara Doyle
Ireland’s government will impose a temporary levy on domestic private pension savings to fund a jobs plan aimed at cutting unemployment and aiding the economic recov…
An All-Time Record For American Exports
By Joe Weisenthal
[click on the image for a larger version]
Continue reading the article . . .
“Every 30 Minutes” an Indian Farmer Commits Suicide
“Every 30 Minutes”: Crushed by Debt and Neoliberal Reforms, Indian Farmers Commit Suicide at Staggering Rate
“There Goes Skype”
By Nadia Damouni and Bill Rigby
Microsoft Corp plans to buy Internet phone service Skype for $8.5 billion in its biggest-ever acquisition, placing a rich bet on mobile and the Internet to try to be…
AIG Share Slide to Lowest Point Since March ’10
Shares in American International Group Inc. tumbled on Monday, deepening a slide that’s brought the insurer’s shares to the lowest point in eight months and stoked concerns over whether the U.S. gov…
Student Loan Debt That Never Stops Rising
By Joe Weisenthal
The big news of the day: Yet again, students are graduating college with a record amount of debt.
Continue reading the article . . .
Solari Report Blog Commentaries
Is the Coll…
Hong Kong Plans New Gold-Futures Platform
Trading set to kick off in May as Hong Kong burnishes status
By Chris Oliver
Hong Kong is on track to kick off a new gold-futures trading platform with settlement in the physical metal next month,…
Fannie Mae Seeks $8.5 billion More in Federal Aid
By Daniel Wagner
Fannie Mae asked the government Friday for an additional $8.5 billion in aid after declining home prices caused more defaults on loans guaranteed by the mortgage giant.
The compan…
Neighborhood Courts
San Francisco’s one-of-a-kind program puts nonviolent criminals to work for clean records.
By Caroline Cournoyer
In San Francisco, people accused of low-level, nonviolent crimes were sent to cri…
2010 Washington Technology Top 100 Government Contractors
Top contractors dominate the market with billions in government business.
The Top 100 government contractors pulled in nearly $130 billion in prime contracts last year. We rank these companies bas…
Disaster Capitalism USA: Foreclose on The Old, Finance The New!
Federal Reserve Chairman Ben Bernanke called for more lending to people and small businesses in lower-income neighborhoods, saying they’ve been disproportionately hurt by the recession.
Many of the…
Greece Considers Exit from Euro Zone
By Christian Reiermann
The debt crisis in Greece has taken on a dramatic new twist. Sources with information about the government’s actions have informed SPIEGEL ONLINE that Athens is considering w…
Remember $100 Oil?
By Joe Weisenthal
[click on the image for a larger version]
Continue reading the article . . .
Report Urges U.S. Open Door to China Investment Flood
By Doug Palmer
Tens of billions of dollars of Chinese investment could flood into the United States in the next decade, creating a multitude of American jobs if officials do not succumb to a politi…
The Philadelphia Orchestra’s Bankruptcy Filing
By Ivan Katz
The decision by the Philadelphia Orchestra Association to file for reorganization under Chapter 11 of the Bankruptcy Code may well turn out to be one of the most bone-headed business j…
Crowdfunding: Raising Money From Strangers
By Rhodri Marsden
Need help producing your new album or financing a film? Just ask someone you’ve never met to stump up the cash. ‘Crowdfunding’ is taking the web by storm, says Rhodri Marsden
Jan…
S&P 500 vs. Bullish Sentiment 2009-11
By Joe Weisenthal
[click on the image for a larger version]
Continue reading the article . . .
Catherine on Gold and Silver, January 2011
Continue reading the article . . .
Army Corps Breaks Southeast Missouri Levee
The U.S. Army Corps of Engineers exploded a large section of a Mississippi River levee Monday in a desperate attempt to protect an Illinois town from rising floodwaters.
The corps said the break in…
Yikes! Jurisdiction for Domestic Arrests to be Transferred to DOD?
By Kevin Johnson
In the Justice Department’s ornate Great Hall, a space traditionally reserved for its most important functions, Attorney General Eric Holder stepped before staffers last week to ma…
Baltimore and Baltimore Empowerment Zone
Click to read PDF
I thought I would post an old report made in 1996 from our Community Wizard databases. Rich place based data that facilitated re-engineering government investment by place were on …
House Bill Would Remake Federal Aviation Administration
After 18 consecutive short-term extensions dating back to 2007, last week the U.S. House of Representatives passed the first reauthorization of the Federal Aviation Administration since 2003. The FAA …
Feds Sting Amish Farmer Selling Raw Milk Locally
Washington Times (28 Apr 11) – A yearlong sting operation, including aliases, a 5 a.m. surprise inspection and surreptitious purchases from an Amish farm in Pennsylvania, culminated in the federal gov…
Referendum to Abolish North Dakota Property Taxes
Measure to Abolish North Dakota Property Taxes on Ballot
Inforum (29 Apr 11)
BISMARCK — A proposed constitutional amendment to abolish property taxes in North Dakota has been approved for the ballo…
Wisdom from Clear Thinkers on the Way Ahead
Catherine Austin Fitts understanding of the global financial system and the inner workings of the Wall Street-Washington axis are unparalleled. As the former U.S. Assistant Secretary of Housing/Federa…
Tornadoes and Storms Rip Through South, At Least 284 Dead
(Reuters) 28 Apr 2011 – Tornadoes and violent storms ripped through seven southern states, killing at least 284 people in the country’s deadliest series of twisters in nearly four decades.
The cluste…
Fed Signals Intent to Phase Out Bond-buying Program
Wall Street Journal (27 Apr 11) – The Federal Reserve used its first-ever news conference to signal it will phase out a controversial bond-buying program—and to reassure a skeptical public that the …
Let’s Make a Deal!
Obama to Nominate Panetta to Succeed Gates
American Forces Press Service (27 Apr 11)
WASHINGTON, April 27, 2011 – President Barack Obama intends to nominate CIA Director Leon E. Panetta as the next…
The Real Trend That Should Have Investors Worried
Clusterstock (28 Apr 2011)
Storms Knock Out TVA Nuclear Units, Power Lines
HOUSTON, April 27 (Reuters) – Severe storms and tornadoes moving through the U.S. Southeast dealt a severe blow to the Tennessee Valley Authority on Wednesday, causing three nuclear reactors in Alabam…
New Solari Report Podcast!
Solari has produced a new free podcast—The Solari Report Digest #23.
Listen to Solari Report Digest #23
The Solari Report Digest is a podcast featuring highlights from the live one-hour Sola…
Apple Patent Reveals Extensive Stalking Plans
The spying iPhone is no accident. A recent Apple patent application reveals that the location-tracking dossiers accumulated in iPhones are to be used in apps from Apple and any number of other compa…
Factor E Farm Project
Video about a project that is developing do-it-yourself versions of 50 essential machines for civilization, many of which are food and agriculture-oriented:
Factor E Farm Blog
Related reading:
Op…
Jon Rappoport: An Artificial World
NoMoreFakeNews.com (20 Apr 2011)
Futurists are inclined to predict a world in which AI (artificial intelligence) will take over a major portion of what is now human activity. In a matter of decades,…
And The Housing Double Dip Just Got Worse
Clusterstock (26 Apr 2011)
State Dept. Proposes “Biographical Questionnaire” For Passport Applicants
The U.S. Department of State is proposing a new Biographical Questionnaire for passport applicants. The proposed new Form DS-5513 asks for all addresses since birth; lifetime employment history includ…
Orwellian Method of the Year 2010: Optogenetics
YouTube
Related reading:
Optogenetics – Wikipedia
Controlling the Brain With Light – Scientific American (Nov 10)
The Dollar’s Omnious New Record
Clusterstock (25 Apr 11)
The American War Machine
I just finished Peter Dale Scott’s new book on the American military-industrial-intelligence establishment and its historical dependency on the global drug trade. This is essential reading for anyone …
Dead Missing Jailed BP Whistleblowers
Dead / Jailed /Missing Scientists & Individuals Affiliated With The BP Oil Disaster
Read the story . . .
Dr. Helen Caldicott on Nuclear Fallout
Press Conference at Concordia University, Montreal Canada
YouTube (18 Apr 11)
Helen Caldicott – Wikipedia
Her website
Silver’s Jaw-Dropping Rise in Context
Clusterstock – (22 Apr 11)
See You at the Plumsted Farm Races – April 24, 2011
Photo courtesy of Martha Fuller
by Catherine Austin Fitts
I am headed to Pennsylvania for a wonderful Easter weekend with my cousins from the National Bank of Malvern.
The big event is the Plumste…
State and Local Pension Plans and Fiscal Distress: A Legal Overview
By Jennifer Staman, Legislative Attorney
Congressional Research Service (31 Mar 11)
This report first provides a broad overview of state and local government finances and how these governments incorp…
Federal Reserve Enforces Against 10 Banks for Deficient Mortgage Servicing and Foreclosures
Release Date: April 13, 2011
For immediate release
The Federal Reserve Board on Wednesday announced formal enforcement actions requiring 10 banking organizations to address a pattern of misconduct…
Passover Remembered
A meditation by
Alla Renee Bozarth
~~~~~~~~~~~~~~~~~~
Pack nothing.
Bring only your determination to serve
and your willingness
to be free.
Do not wait for the bread to rise
Take nourishment for the…
Silicon Valley Has an Up Year
By Tom Foremski
It’s taken a decade but Silicon Valley companies have climbed out of dotcom dotbomb recession and reported their most profitable year in history.
The San Jose Mercury News report…
Scientists Warn of Link Between Dangerous New Pathogen and Monsanto’s Roundup
By Rady Ananda
Urges USDA to rescind approval of genetically engineered alfalfa: “In layman’s terms, it should be treated as an emergency.”
A plant pathologist experienced in protecting agai…
White House Unveils Cyber ID Proposal
By Chris Lefkow
The White House unveiled a plan on Friday designed to boost confidence and business in cyberspace through the creation of a single, secure online credential.
“By making online tran…
Here’s the Setup for the Con of the Decade
By Charles Hugh Smith
The Con of the Decade, which I described last July, is being set up nicely.
I described The Con of the Decade last July (2010). The Con makes me a heretic in the cult religio…
On Shunning Goldman
If I were managing a pension fund, I wouldn’t get within a 50 mile radius of anyone from Goldman Sachs, or their spouses, or their kids, or their dogs.
~ Remaining Nameless (for obvious reasons)
Rel…
Did Goldman Sachs Lie?
By Leo Kolivakis
If you missed CNN’s In The Arena on Thursday evening, then you missed the fireworks. Eliot Spitzer challenged investment banker Goldman Sachs: “Sue me. You lied to the public. You sh…
Goldman Sachs Credit-Default Swaps Jump as Levin Claims Bank Duped Clients
By Mary Childs
The cost to protect debt issued by Goldman Sachs Group Inc. (GS) jumped to a one-month high after the chairman of the Senate panel that investigated the financial crisis said the ban…
Goldman P***s Off the “Oil Card” Riggers
By James Herron
The world of investment bank research is more often defined by consensus rather than confrontation.
Radically conflicting opinions over the outlook for a particular company or comm…
Atlas Shrugged Trailer
The Official Atlas Shrugged Movie Trailer.
Atlas Shrugged Part 1 opens in theaters April 15th, 2011.
President Signs Repeal of Expanded 1099 Requirements
On Thursday, President Barack Obama signed into law the Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidy Overpayments Act of 2011 (HR 4; 1099 Act), which repeals both the exp…
The Artful Dodgers: Billions for Lobbying = Freedom from Taxes
How a Dozen Multinational Corporations Spent a Billion Dollars on Lobbying and Campaign Contributions and Avoided Paying Taxes
Twelve large American corporations have been identified by news report…
Now IMF Is Warning About ETFs
By Izabella Kaminska
International regulator conspiracy? Unfortunate coincidence for the ETF industry? Or are regulators finally on to something via the power of group think?
We ask because hot on…
Is Sugar Toxic?
By Gary Taubes
On May 26, 2009, Robert Lustig gave a lecture called “Sugar: The Bitter Truth,” which was posted on YouTube the following July. Since then, it has been viewed well over 800,000 t…
Restoring Glass-Steagall
H.R.1489
Latest Title: To repeal certain provisions of the Gramm-Leach-Bliley Act and revive the separation between commercial banking and the securities business, in the manner provided in the Ban…
Obama to Call For Broad Plan to Reduce Debt
By Jackie Calmes
Washington — President Barack Obama will call this week for a broad plan to raise revenues and cut deficits, as the battle over fiscal issues moves past this weekend’s budget deal…
Peter Thiel’s Higher Education
By Sarah Lacy
Thiel’s solution to opening the minds of those who can’t easily go to Harvard? Poke a small but solid hole in this Ivy League bubble by convincing some of the most talented kids t…
Japan – Nuclear Alert Level to 7
By Justin McCurry
Japan is to raise the nuclear alert level at the Fukushima Daiichi power plant to a maximum seven, putting the emergency on a par with the 1986 Chernobyl disaster.
Nuclear safety…
The Student Loan Scam
The Student Loan Scam: The Most Oppressive Debt in U.S. History – and How We Can Fight Back [Hardcover]
Amazon.com
Related reading:
Student Loan Scheme
Imgur.com
Unanswered Questions About Fukushima
By Yoichi Shimatsu
Confused and often conflicting reports out of Fukushima 1 nuclear plant cannot be solely the result of tsunami-caused breakdowns, bungling or miscommunication. Inexplicable delays …
Supreme Court Rules Prosecutors Can Lie And Fabricate Evidence
COMMENT: The Supreme Court’s decision in Connick v. Thompson virtually gives license to prosecutors to lie, fabricate or withhold evidence, since they apparently can’t be held accountable for kn…
Food Stamp Participation Hits All-Time High
By Theresa McCabe
New York (TheStreet) — Participation in the U.S. Supplemental Nutrition Assistance Program (SNAP), formerly known as the Food Stamp Program, reached an all-time high in January.
T…
Iceland Rejects Debt Deal to Repay UK, Dutch
By Gudjon Helgason
REYKJAVIK, Iceland — Voters in Iceland rejected a government-backed deal to repay Britain and the Netherlands for their citizens’ $5 billion worth of deposits in a failed online…
Dogwood Meditations
By Catherine Austin Fitts
The dogwood tree at the Hickory Valley office is in full blossom.
Every few days we cut a branch and arrange it in the room I use to review books and DVDs. I just wande…
How to Pay No Taxes
Illustration by Jennifer Daniel
By Jesse Drucker
For the well-off, this could be the best tax day since the early 1930s: Top tax rates on ordinary income, dividends, estates, and gifts will remain …
St. Louis Adjusted Monetary Base
[click on the image for a larger version]
Continue reading the article . . .
President Adopts a Measured Course to Recapture the Middle
By Jeff Zeleny
Washington — President Obama opened the week by calling on Democrats to embrace his re-election campaign. He closed it by praising Republicans for forging a compromise to cut spend…
Let Not the Sun Go Down on Your Anger
[Note from CAF: I first published this on the blog on December 5, 2008. Given the current conversion of the many changes upon us, I am republishing today.]
By Catherine Austin Fitts
In 199…
From Afar, a Vivid Picture of Japan Crisis
By William J. Broad
For the clearest picture of what is happening at Japan’s Fukushima Daiichi nuclear power plant, talk to scientists thousands of miles away.
Thanks to the unfamiliar but sophi…
Here’s What Bonds Did The Last Time The Government Shut Down
By Gregory White
[click on the image for a larger version]
Continue reading the article . . .
Get Ready to Thrive! Coming 11.11.11
One Lie Hides the Truth.
One Hundred Lies Become the Truth.
Your World Will Never Look the Same.
THRIVE is an unconventional documentary that lifts the veil on what’s REALLY going on in our world…
California, Here I Come!
San Francisco Bay Area Map
I am leaving next week to drive to Montana to meet with the Solari team there and then on to San Francisco where I will be working from Pleasanton for the next two months….