News & Commentary
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Dead Missing Jailed BP Whistleblowers
Dead / Jailed /Missing Scientists & Individuals Affiliated With The BP Oil Disaster
Read the story . . .
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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)
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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The Student Loan Scam
The Student Loan Scam: The Most Oppressive Debt in U.S. History – and How We Can Fight Back [Hardcover]
Amazon.comRelated 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 …
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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…
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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…
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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…
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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 …
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St. Louis Adjusted Monetary Base
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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…
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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…
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Here’s What Bonds Did The Last Time The Government Shut Down
By Gregory White
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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…
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Georgian Woman Cuts Off Web Access to Whole of Armenia
Entire country loses internet for five hours after woman, 75, slices through cable while scavenging for copper.
By Tom Parfitt in Moscow
An elderly Georgian woman was scavenging for copper to sell…
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What is Gang Stalking?
Related reading:
Stalking
WikipediaCOINTELPRO
WikipediaThe Hidden Evil
The Introvert Speaks
The Professional Paranoid [Paperback]
Anatomy Of A SWAT From A Lawyer’s Perspective
Winter Patri… -
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Videos of the Japanese Tsunami
YouTube
(28 March 11)Continue reading the article . . .
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Chile, Colombia, Peru Launch Integrate Stock Markets Beginning May 30
Operations of a joint stock market linking Chile, Colombia and Peru are scheduled to begin May 30. The group, known as the Integrated Latin American Market, or Mila, said Tuesday that the decision w…
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Gold Holdings – Still Small
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Libya Can Tap $7 Billion in Gold Reserves for War
By Flavia Krause-Jackson and Caroline Alexander
Libyan dictator Muammar Qaddafi can tap gold reserves worth $7 billion, equivalent to a 10th of the size of his country’s economy, as he fights a civ…
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Even with a Tsunami Hammering the Competition, GM is Eating Inventory
By Tyler Durden
Earlier today GM announced disappointing sales numbers, with March car sales rising only 9.6% compared to expectations of 20%. Indeed, this number tends to be quite volatile: ultima…
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More Customers Exposed as Big Data Breach Grows
By Jonathan Spicer
The names and e-mails of customers of Citigroup Inc and other large U.S. companies, as well as College Board students, were exposed in a massive and growing data breach after a c…
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The Next Housing Shock
By Scott Pelley
As more and more Americans face mortgage foreclosure, banks’ crucial ownership documents for the properties are often unclear and are sometimes even bogus, a condition that’s causing …
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Of The 1%, By The 1%, For The 1%
The Fat And The Furious: The top 1 percent may have the best houses, educations, and lifestyles, says the author, but “their fate is bound up with how the other 99 percent live.”
By Joseph E. S…
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Members of Japan’s ‘Fukushima 50’ Have Come to Terms With The Fact They May Die From Radiation
By Christina Boyle
Some workers at Japan’s stricken nuclear plant fear they may die within weeks or months after being exposed to potentially lethal doses of radiation.
The mother of one of the so…
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The Battle of Chernobyl
It’s a documentary which analyzes the Thursday 26th April 1986 that became a momentous date in modern history, when one of the reactors at the Chernobyl nuclear power station in northern Ukraine, …
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April Fools Day!
The American Spectator celebrated April Fools Day by announcing that after the GOP threatened to cancel their funding, NPR replaced Bill Moyer’s show with Ann Coulter.
Related reading:
House Votes…
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Jobs Picture Still Dismal
By Joe Weisenthal
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Farm to Table: High Point Farm and Fountain House
By Abigail Jackson
Fountain House is one of the world’s leading mental health organizations, providing employment, educational and housing opportunities to people living with serious mental illne…
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Fed Discloses Secrets on Supreme Court Orders
By Bob Ivry and Craig Torres
A Supreme Court order that forces unprecedented disclosures from the Federal Reserve ended a two- year legal battle that helped shape the public’s perceptions of the …
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Citibank Debt Collectors Alleged to Kill Customer Who Objected to Credit Card Practices
By Hans David Tampubolon
Three Citibank debt collectors [in Indonesia] allegedly killed Irzen Octa, 50, secretary general of the National Unity Party (PPB), on Tuesday after he protested an increas…
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Corn Futures Up, Up and Away
By Joe Weisenthal
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Continue reading the article . . .
Related reading:
Wal-Mart CEO Bill Simon Expects Inflation
USA Today (30 March 11) -
Why Republicans Are Acting so Crazy
By Sam Smith
Not every change in national policy and events is announced with a new conference or presidential speech.
A case in point is the rapid rise of apparent mental instability in the Repub…
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Wisconsin Judge Declares Union Law Not In Effect
A Wisconsin judge on Thursday did what thousands of pro-union protesters and boycotting Democratic lawmakers couldn’t, forcing Republican Gov. Scott Walker to halt plans to implement a law that woul…
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Farmers, Seed Sellers Sue Monsanto
[click on the image to read OSGATA-v-Monsanto-Complaint]
By Kelsey Volkmann
The Public Patent Foundation, on behalf of 60 family farmers, seed businesses and organic agricultural organizations, sue…
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Federal Reserve Rejects AIG Offer to Buy Mortgage Assets
The Federal Reserve announced Wednesday that it was declining an offer from American International Group (NYSE: aig) to buy the mortgage-related assets it holds in its Maiden Lane II portfolio.
Ins…
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Silver Coin Sales Continue Rising
By Joe Weisenthal
By now you know that the surge in silver prices has left gold in the dust.
One reason: it’s just cheaper to buy silver coins.
From Deutsche Bank:
According to a recent article …
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JPMorgan CEO says Whitney was Right: A Hundred Municipalities Won’t ‘Make It’
By Dawn Kopecki
JPMorgan Chase & Co. (JPM) Chairman and Chief Executive Officer Jamie Dimon said some municipalities will need to renegotiate debt and a hundred may not “make it.”
“I wou…
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How Dangerous Is Japan’s Creeping Nuclear Disaster?
A Geiger counter in Itate village, some 40 kilometers northwest of the Fukushima Daiichi plant showing radiation levels of 7.66 micro Sievert per hour. People living here would receive the yearly max…
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Where the Bailout Went Wrong
By Neil M. Barofsky
Two and a half years ago, Congress passed the legislation that bailed out the country’s banks. The government has declared its mission accomplished, calling the program remark…
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Dirty Electricity
Dirty Electricity tells the story of Dr. Samuel Milham, the scientist who first alerted the world about the frightening link between occupational exposure to electromagnetic fields, electromagnetic …
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GOP Shifts Strategy on Housing Market Overhaul
By Alan Fram
House Republicans plan to introduce eight bills on Tuesday that would each take a small step toward pushing taxpayer-backed mortgage giants Fannie Mae and Freddie Mac out of business, …
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Japan Copes With 21st-century Dark Age
By Barbara Demick
The first pitch of Japan’s baseball season has been pushed back so people don’t waste gasoline driving to games. When the season does start, most night games will be switched to day…
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The Problems With Smart Grids: Dumb and Dangerous
By B. Blake Levitt and Chellis Glendinning
Culture Change note: As if you weren’t getting enough radiation: now comes really bad news in the form of smart grids. GE — the designer of Fukushima n…
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Did the Fed Create the Commodity Boom?
By Joe Weisenthal
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Continue reading the article . . .
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Farmers Sue USDA Over Monsanto Alfalfa – Again
By Mike Ludwig
A coalition of farmers and environmental groups filed a lawsuit against the US Department of Agriculture (USDA) on March 18 to challenge the agency’s recent decision to fully deregul…
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Nuclear Situation ‘Grave’ Japan PM Warns
Naoto Kan says the situation at disaster-hit power plant is unpredictable as officials fear breach at one reactor.
Japan’s prime minister has warned the situation at the country’s quake-hit nuclear…
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Burma(Myanmar) Earthquake Hits Golden Triangle
By Laurent Belsie
The earthquake that struck Burma Thursday night hit one of its more remote regions, once known as the world’s premier producer of opium and its derivative, heroin.
The extent of …
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Japanese Radiation Levels Surge in Water at Fukushima
By Yuji Okada, Naoko Fujimura and Kaipin Yee
March 27 (Bloomberg) — Radiation in water at Japan’s stricken nuclear plant reached potentially lethal levels even as engineers made progress in resto… -
Pimco Purchases Toyota Motor Credit, Sees ‘Select’ Opportunities in Japan
By Shannon D. Harrington and Betty Liu
Pacific Investment Management Co., manager of the world’s biggest bond fund, invested in the finance arm of Toyota Motor Corp. (7203) after the earthquake i…
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Iraq to Sign $6.25 Billion in Contracts for 50 Power Plants
By Kadhim Ajrash and Nayla Razzouk
Iraq plans next week to sign power- plant contracts valued at $6.25 billion with Caterpillar Inc. (CAT) and other companies, in its biggest effort to boost electric…
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President of Iceland: Good Idea to Let the Banks Fail
Nov. 26 (Bloomberg) — Iceland’s President Olafur R. Grimsson talks about the country’s progress since receiving a $4.6 billion International Monetary Fund-led loan. He speaks with Mark Barton on Bloo…
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Currency Market Rigging on A Vaster Scale Than Ever
By Peter Garnham and Lindsay Whipp
The billions of dollars in yen sold by the world’s most powerful central banks have sent a strong message to speculative investors. Those daring to bet that the J…
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When Gadhafi Falls, Does Libya’s Gold Get Leased at 1% per Year? Or Does It Go Straight to Morgan Chase (Exchange Stabilization Fund)?
By Jack Farchy and Roula Khalaf
The international community has hit Mommar Gadhafi with a raft of sanctions and asset freezes aimed at cutting off his funding. But the embattled Libyan leader is si…
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Who Owns All That Municipal Debt?
By Joe Weisenthal
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Continue reading the article . . .
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More Perjury From JP Morgan
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The Crime Behind Hope And Change
By Sam Smith
By the standards of the US Constitution as well as American and international law, Barack Obama is a criminal – as are many of his recent predecessors.
The fact that most Americans …
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Japan Prays For Success of Fukushima 50 in Fight to Save Nuclear Plant
A fearless band of scientists and workers trying to stop a meltdown have inspired the entire country.
By Robin McKie
Exhausted engineers attached a power cable to the outside of Japan’s tsunami-cr…
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A Decade of Labor Market Pain
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Related reading:
Americans’ Worries About Economy, Budget Top Other Issues
Gallup (21 March 11) -
The Country With The Most Riding On A Japanese Recovery
By Gregory White
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Fed Will Release Bank Loan Data as Top Court Rejects Appeal
By Greg Stohr and Bob Ivry
The Federal Reserve will disclose details of emergency loans it made to banks in 2008, after the U.S. Supreme Court rejected an industry appeal that aimed to shield the rec…
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New York Sun: Von NotHaus is Guilty But Bernanke is Innocent?
By C. Powell
The New York Sun today editorializes brilliantly about the ironies in the conviction of Liberty Dollar founder Bernard von NotHaus. The editorial begins:
“Here is a thought experiment…
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Major Holders of US Debt as of Jan 2011
Department of the Treasury/Federal Reserve Board
March 15, 2011View Chart
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Helen Thomas: Playboy Interview
PLAYBOY: Is anyone asking the tough questions about Israel?
THOMAS: We’re still not getting the full story on Israel. I asked both President Obama at a news conference and Hillary if they knew …
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Israeli Security Company Installed Security System at Fukushima
By Ora Coren
The CEO of the Israeli company that installed the security system at Japan’s Fukushima nuclear power plant said Thursday that those workers who have elected to stay behind are “putting…
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Buffett Tells Country, TARP Gave Over $1 Billion to Goldman Sachs
At a time when all the tough guys in Washington are making plans to cut Social Security and Medicare benefits for high-living seniors and to cut Head Start for low-income kids, it was generous of Wa…
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Mobile Money in Kenya
With peer to peer digital currencies like BitCoin, it seems our ideas about what money is and isn’t, are in flux. Take the cell phone for example. There are countries where mobile phones are the m…
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BBC World Service to Sign Funding Deal With US State Department
By Ben Dowell
The BBC World Service is to receive a “significant” sum of money from the US government to help combat the blocking of TV and internet services in countries including Iran and China.
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What to Do Before an Earthquake
Earthquakes strike suddenly, violently and without warning. Identifying potential hazards ahead of time and advance planning can reduce the dangers of serious injury or loss of life from an earthqua…
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Which Industries Are Sitting On The Most Cash?
By Joe Weisenthal
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Judge Temporarily Blocks Wis. Union Law
Opponents contend the state’s open meetings law was violated.
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The Myth of The Panicking Disaster Victim
By Johann Hari
The vast majority of people behave in the aftermath as altruists, saving their fellow human beings and sharing what they have.
Before the Second World War, the Ministry of War confide…
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Gold and Nikkei Both in Holding Pattern
By Trader Dan
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The Crisis of Microfinance
Once hailed as a solution to poverty, microfinance lenders are criticised for profiting from exploitative usury.
The recent ouster of the Nobel Prize-winning Bangladeshi economist Mohammed Yunus as…
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Japan Raises Alert Level at Fukushima Plant
By Kartikeya Sharma
Japan on Friday raised the severity rating of its nuclear disaster from level 4 to 5 on a seven-point international scale for atomic incidents as firefighters continued with the…
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American Military Families Prepare to Evacuate from Japan
By Beth Ford Roth
The Department of Defense is gearing up to help American military families evacuate from the island where the Fukushima Daiichi nuclear plant is situated, according to Reuters. Th…