
Job Figures Won’t Add Up
By John Crudele
The charade continues this Friday.
That’s when the Labor Department will announce how many jobs it claims were lost in the US economy during December.
The number is essentially wo…

Job Figures Won't Add Up
By John Crudele
The charade continues this Friday.
That’s when the Labor Department will announce how many jobs it claims were lost in the US economy during December.
The number is essentially wo…

Iceland to Hold Referendum on Icesave After Veto
By Omar R. Valdimarsson and Tasneem Brogger
Iceland will hold a referendum on a depositor accord with the U.K. and Netherlands after President Olafur R. Grimsson blocked the bill in a move that…

The Ascent of Hooey
By Robert K. Landis
On October 16, 1929, Irving Fisher, Professor of Economics at Yale University, made a famous prediction: “Stock prices have reached what looks like a permanently high plateau…

The Yemen Hidden Agenda
By F. William Engdahl
On December 25 US authorities arrested a Nigerian named Abdulmutallab aboard a Northwest Airlines flight from Amsterdam to Detroit on charges of having tried to blow up t…

Living in the U.X.A. (Unemployed Exchange Association)
“At the height of the Great Depression, a group of unemployed Oakland workers decided to take matters into their own hands. The system wasn’t working, so they set up their own system. Money was ne…

A Spectacular Year For Gold And Silver
With his new commentary today, GoldMoney founder, Free Gold Money Report editor, and GATA consultant James Turk celebrates the spectacular performance of gold and silver in 2009. Turk reports that g…

Gold Is Precious to the IRS, Too
By Bob Carlson
Precious-metals sellers could face a bigger tax bite than they expect.
Investors have been pouring money into exchange-traded funds that buy gold and silver, and that has helped p…

“Sorry – Money Market Account is Now Frozen”
By Tyler Durden
When Henry Paulson publishes his long-awaited memoirs, the one section that will be of most interest to readers, will be the former Goldmanite and Secretary of the Treasury’s recoll…

"Sorry – Money Market Account is Now Frozen"
By Tyler Durden
When Henry Paulson publishes his long-awaited memoirs, the one section that will be of most interest to readers, will be the former Goldmanite and Secretary of the Treasury’s recoll…

2009 Global Output, Prices and Unemployment
The global high-low on unemployment is South Africa with a 24.5% unemployment rate and Thailand at 1.2%. On GDP, China is up 8.2% and Latvia is down with -16.9%.
For the full chart from the Decembe…

America – A Ponzi Scheme That Works
“The greatest strength of America is that people want to live there.”
Continue reading A Ponzi Scheme That Works

Stripping Civil Rights
By Larry O’Connor
In 1983, President Ronald Reagan issued an Executive Order which gave permission to the International Criminal Police Organization (INTERPOL) to operate within the boundaries of …

US Avoids Technical Default By Three Days
View Larger Chart
Continue reading US Avoids Technical Default By Three Days

New York Fed Urged AIG to Keep Bank Payments Secret
By Hugh Son
The Federal Reserve Bank of New York, then led by Timothy Geithner, told American International Group Inc. to withhold details from the public about the bailed-out insurer’s payme…

How The Government Payroll Replaced Goods Producing Jobs
Continue reading How The Government Payroll Replaced Goods Producing Jobs

Senate Food Safety Bill – Take Action
The Weston A. Price Foundation has produced an action alert regarding the Senate Food Safety Bill.
From their newsletter (available only to subscribers):
Start the New Year off right, by t…

Shunning the Banksters
Continue reading Shunning the Banksters – Catherine Austin Fitts on Economics 101
Related articles:
The Corbett Report

Unemployed Americans = 14MM
Continue reading Is The Government Misrepresenting Unemployment By 32%?

Judge Dismisses Charges Against Blackwater Guards Involved in Iraq Massacre
By Jason Leopold
A federal judge in Washington, DC on Thursday dismissed criminal charges against five Blackwater guards involved in the massacre of 14 Iraqi civilians in Baghdad in September 2007,…

Faith & Finance: A Boom in Religious Funds
What if Jesus where a stock picker?
It’s a question more investors seem to be asking these days. At a time when investors’ confidence in the markets has been shaken—even after the big rally o…

Faith & Finance: A Boom in Religious Funds
What if Jesus where a stock picker?
It’s a question more investors seem to be asking these days. At a time when investors’ confidence in the markets has been shaken—even after the big rally of …

Morgan Stanley "Defrauded Investors"
By Jonathan Stempel
NEW YORK (Reuters) – Morgan Stanley (MS.N) has been sued by a Virgin Islands pension fund that accused the Wall Street bank of defrauding investors by marketing $1.2 billion (753…

Morgan Stanley “Defrauded Investors”
By Jonathan Stempel
NEW YORK (Reuters) – Morgan Stanley (MS.N) has been sued by a Virgin Islands pension fund that accused the Wall Street bank of defrauding investors by marketing $1.2 billion (…

Arabia Takes The New Silk Road to China, Spurning The West
By Ambrose Evans-Pritchard
“We’re seeing the rise of the East, but I don’t think we’re seeing the fall of the West. China and the Middle East are for the most part massively short of food and w…

"Corporate Cash Grows"
As we move into the new year and 2010 forecast after forecast hits the Street, invariably the “mountain of money on the sidelines” argument is being put forth by more than a good number of Street …

“Corporate Cash Grows”
As we move into the new year and 2010 forecast after forecast hits the Street, invariably the “mountain of money on the sidelines” argument is being put forth by more than a good number of Street …

10 Year Treasury in 2009
Continue reading Government Bonds Were The Dumbest Bet Of The Year

"WHO" Under Investigation
By F. William Engdahl
The Council of Europe member states will launch an inquiry in January 2010 on the influence of the pharmaceutical companies on the global swine flu campaign, focusing especial…

“WHO” Under Investigation
By F. William Engdahl
The Council of Europe member states will launch an inquiry in January 2010 on the influence of the pharmaceutical companies on the global swine flu campaign, focusing espe…

GATA Distributes International Press Release on Lawsuit vs. Fed
GATA Press Release via Business Wire
GATA Sues Federal Reserve to Disclose Gold Market Intervention Records
Wednesday, December 30, 2009
The Gold Anti-Trust Action Committee Inc. today brought …

GATA Sues The Fed
The Gold Anti-Trust Action Committee Inc. today brought suit against the U.S. Federal Reserve Board, seeking a court order for disclosure of the central bank’s records of its surreptitious market …

Condi Rice – American Faust
Continue reading American Faust From Condi to Neo-Condi
Related Articles:
American Faust: From Condi to Neo-Condi
American Faust – video
American Faust: From Condi to Neo-Condi
Wikipedia

RUSAL Plans Up To $2.6 Billion IPO
By Michael Flaherty
Russia’s UC RUSAL moved closer to its planned $2.6 billion Hong Kong initial public offering by unveiling key details as it aims to raise cash to repay $14.9 billion in debt.
A…

Leveraging Global Warming
by Jon Rappoport
I’m offering an experimental hypothesis here, based on how markets work. I’m talking about trading markets—stocks, commodities.
As you know, the (false) science of climate …

How Cuba Survived Peak Oil
Continue viewing The Power of Community: How Cuba Survived Peak Oil

Directed Energy Weapons
A directed-energy weapon (DEW) is a type of weapon that emits energy in an aimed direction without the means of a projectile. It transfers energy to a target for a desired effect. Some of these weap…

Stiglitz Warns Of A Slowdown
Nobel Prize-winning economist Joseph Stiglitz warned there’s a “significant” chance the U.S. economy will contract in the second half of next year, and urged the government to prepare a second stimu…

Subprime Delinquencies Continue To Soar
By Joe Weisenthal
Continue reading Chart of The Day: Subprime Delinquencies Continue To Soar

Goldman Sachs Faces Probes
The New York Times reports investigators in the U.S. Congress at the Securities and Exchange Commission and at the Financial Industry Regulatory Authority have launched probes into Goldman Sachs and o…

Fed Proposal – Soak Up Liquidity
The Federal Reserve proposed offering banks the opportunity to park their money at the central bank in “term deposits,” which would pay interest. The move would help the Fed soak up some of the liqui…


Move Your Money
Continue reading Move Your Money

Military-Industrial-Homeland Security
By William Grigg
The RAND Corporation, one of the most fecund research arms of the Military-Industrial-Homeland Security Complex, has released a study entitled A Stability Police Force for the Uni…

Federal Contractors
By Walter Pincus
The aim was also to save money, but last year Congress reported that contract employees were each costing the government an average of $250,000 annually, an amount far in excess of…

Socialnomics09
Continue reading Social Media ROI: Socialnomics

Conference Address Israel Global Challenges
Israel’s ambassadors and consuls generals from all over the world have been summoned to attend a conference to be held over global challenges facing Israel.
The meeting to be attended in Jerusalem …

Investment Performance of the Decade
(Chart By Tyler Durden)
By John Glover
Investors who bought gold or commodities at the beginning of the decade should have tripled their money by the time the ball drops in New York’s Times Squar…

"Obama's Choice"
Lawrence Wilkerson is a retired United States Army soldier and former chief of staff to United States Secretary of State Colin Powell. Wilkerson is an adjunct professor at the College of William &am…

“Obama’s Choice”
Lawrence Wilkerson is a retired United States Army soldier and former chief of staff to United States Secretary of State Colin Powell. Wilkerson is an adjunct professor at the College of William &am…

Bankruptcy Strands Truckers
Related articles:
Stranded Chesterfield County Trucker Works to Get Home After Company Closes
Arrow Trucking Bankruptcy: Tulsa Staff Sent Home
US Trucking Operators YRC And Arrow Struggle In Di…

AIG Executives Refuse to Return Bonuses
In other business news, the Washington Post reports many top executives at the bailed-out insurance giant AIG have reneged on promises to pay back part of their large bonuses. Earlier this year, out…

2010 Little Improvement In Unemployment
Two-thirds of U.S. companies don’t expect their employment to return to pre-recession levels until 2011 or later.
That prediction was one slice of data from a new quarterly survey of 1,431 chief fi…

World Currency Coin
By Dwight Jones
The announcement by the United Nations this week that it will license the minting of silver and gold bullion coins bearing the UN logo may be the button that launches metal prices i…

Plastic – The Money of 2010
By Fionnan Sheahan
Shoppers and businesses will be using more plastic and less paper money quite soon under a new Government plan to reduce the amount of hard cash in circulation.
A task force wil…

Greediest People of 2009
By Sam Pizzigati
Has picking a year’s greediest “top ten” ever been easier? We don’t think so. We could, this year, fill an entire top ten just with bankers from Goldman Sachs — or JP Morgan Chase…

Carnacchi v. Citibank
By Suzanne Daly
On a warm October morning, Michael Carnacchi stands respectfully in the Sonoma County Civil Court as his case, Carnacchi v. Citibank, is called. A boot maker by trade, on this day he…

Manufacturing Capacity – Down In 2009
By Vincent Fernando and Kamelia Angelova
Continue reading CHART OF THE DAY: Manufacturing Capacity Was Demolished In 2009

Why No One Invades Switzerland
Continue reading Why No One Invades Switzerland

The Story of Cap & Trade
Continue reading The Story of Cap & Trade

The Story of Cap & Trade
Continue reading The Story of Cap & Trade

Port Data Shows Huge Global Recovery
By Vincent Fernando and Kamelia Angelova
Continue reading Chart of The Day: Port Data Shows Huge Global Recovery

Mortgage Meltdown: Wave Two
By Mac Slavo
Continue reading Mortgage Meltdown: Wave Two
Related articles:
The Amazing Spiraling Mortgage Delinquencies
Subprime Mortgage Meltdown Spurs Wave of Litigation
American Bar Associat…

Roth IRA Rules Changes
By Melanie Pelayo
With the end of the year fast approaching, I want to bring your attention a change taking place next year regarding Roth IRA rules. Surveys have shown that not a lot of people are a…

JAK Bank in Sweden
By David Liechty
JAK Medlemsbank is a member-owned bank in Skovde, Sweden that has operated an interest-free savings and loan system since 1970.
Members accumulate points monthly based on their sa…

Did Rubin Commit Fraudulent Misrepresentation?
By Dakin Campbell and Andrew MacAskill
Citigroup Inc. said the Abu Dhabi Investment Authority is seeking to end an agreement to buy the bank’s stock for more than 8 times its current price, or to r…

Food Stamps Go to a Record 37.2 Million, USDA Says
By Alan Bjerga
A record 37.2 million people, or about one out of every eight Americans, received food stamps in September, as the recession drove a surging jobless rate, according to a government …

GMO Contamination
Bayer has admitted it has been unable to control the spread of its genetically-engineered organisms despite ‘the best practices [to stop contamination]'(1). It shows that all outdoors field trials o…

Saved By Drug Money
By Rajeev Syal
Drugs money worth billions of dollars kept the financial system afloat at the height of the global crisis, the United Nations’ drugs and crime tsar has told the Observer.
Antonio Ma…

Greece – Crisis Turns Deadly Serious
By Ambrose Evans-Pritchard
While premier George Papandreou offered pro forma assurances at Friday’s EU summit that Greece would not default on its €298bn (£268bn) debt, his words to reporters afte…

US Kids = Psychiatric Drug Goldmine
By Evelyn Pringle
Prescriptions for psychiatric drugs increased 50 percent with children in the US, and 73 percent among adults, from 1996 to 2006, according to a study in the May/June 2009 issue o…

Missing Mortgages
Sorting through the wreckage of those related failures has generated more questions than answers so far. Taylor Bean was shut down by the Federal Housing Administration, citing possible mortgage fra…

Small Business Cash Crunch Fears Getting Worse And Worse
By Joe Weisenthal and Kamelia Angelova
Continue reading Small Business Cash Crunch Fears Getting Worse And Worse. . .

Eight Innovations that Will Change Your Future
By Jim Ostroff
No personal jet packs at the big-box store just yet, but we foresee technological breakthroughs that will make a real difference.
Kiplinger clients have long come to rely on Kipling…

The Average Investor Remains Terrified of the Stock Market
By Vincent Fernando and Kamelia Angelova
Continue reading The Average Investor Remains Terrified Of The Stock Market. . .

Joel Salatin in Santa Barbara
Joel Salatin
Pathways to Relocalization, Carbon Economy Educational Series, December 9th
Santa Barbara Central Library
The Flyer:
Joel Salatin, fulltime family farmer of the highly successful Pol…

Yahoo & Verizon: Our Spy Capabilities Would ‘Shock’, ‘Confuse’ Consumers
By Kim Zetter
Want to know how much phone companies and internet service providers charge to funnel your private communications or records to U.S. law enforcement and spy agencies?
That’s the ques…

Yahoo & Verizon: Our Spy Capabilities Would ‘Shock’, ‘Confuse’ Consumers
By Kim Zetter
Want to know how much phone companies and internet service providers charge to funnel your private communications or records to U.S. law enforcement and spy agencies?
That’s the ques…

Goldman Bonuses a Go; Gang of 30 Stock-Only
By Stephen Bernard
Goldman Sachs Group Inc.’s top executives will not receive cash bonuses this year, as the Wall Street giant bows to sharp criticism over its pay practices.
The 30 high-ranking ex…

Arctic Roll
If you know the answer, pop it on a postcard and send it to the people of Norway, where this mysterious light display baffled residents yesterday.
Continue reading Anyone For Some Arctic Roll? Myst…

Warren Buffett's Favorite Chart
By Vincent Fernando and Kamelia Angelova
The Purchasing Managers Index (PMI) is an economic indicator for the U.S. manufacturing sector, in blue below. It tends to be a leading indicator for future r…

Warren Buffett’s Favorite Chart
By Vincent Fernando and Kamelia Angelova
The Purchasing Managers Index (PMI) is an economic indicator for the U.S. manufacturing sector, in blue below. It tends to be a leading indicator for future r…

Administration Proposal re: Small Business
By Jackie Calmes
President Obama and Congress are ending the year as they began it, at work on an economic stimulus package of tax cuts and spending, with the latest effort likely to raise the tota…

Bank Blamed For Big Losses to Charities
By Chris Serres
Local foundations are fighting Wells Fargo in court, saying it lied about safety of investments made before market plunge.
For years, some large charitable foundations in the Twin Ci…

Bankers: "Existence should be bonus enough."
By Alison Fitzgerald
Wall Street firms are recovering. Their standing with the American public isn’t.
“The fact that they’re even in existence should be bonus enough,” says Cassie Swihart, a…

Bankers: “Existence should be bonus enough.”
By Alison Fitzgerald
Wall Street firms are recovering. Their standing with the American public isn’t.
“The fact that they’re even in existence should be bonus enough,” says Cassie Swihart, a…

Grayson Questions Retrade of AIG Deal
Tuesday, December 8, 2009
Ben Bernanke
Chairman
Federal Reserve System
20th Street & Constitution Avenue, NW
Washington, DC 20551
Dear Chairman Bernanke,
I write with concern about two announced…

U.S. Will Settle Indian Lawsuit for $3.4 Billion
By Charlie Savage
The federal government announced on Tuesday that it intends to pay $3.4 billion to settle claims that it has mismanaged the revenue in American Indian trust funds, potentially end…

‘Swine Flu Pope’ & WHO Corruption
By F. William Engdahl
The man with the nickname “Dr Flu”, Professor Albert Osterhaus, of the Erasmus University in Rotterdam Holland has been named by Dutch media researchers as the person at t…

Ron Paul on Ben and the Fed
Continue reading Ron Paul with Judge Napolitano on Glenn Beck- Bernanke To Be Renominated

The Amazing Spiraling Mortgage Delinquencies
By Joe Weisenthal and Kamelia Angelova|
Continue reading The Amazing Spiraling Mortgage Delinquencies

The Ancient Ingenuity of Water Harvesting
With wisdom and wit, Anupam Mishra talks about the amazing feats of engineering built centuries ago by the people of India’s Golden Desert to harvest water. These structures are still used today — …

Renewing Relations: Russia & Vatican
Pope Benedict XVI and visiting Russian President Dmitry Medvedev agreed Thursday to upgrade Vatican-Kremlin relations to full diplomatic ties, the Vatican said.
The step forward on the diplomatic f…

Renewing Relations: Russia & Vatican
Pope Benedict XVI and visiting Russian President Dmitry Medvedev agreed Thursday to upgrade Vatican-Kremlin relations to full diplomatic ties, the Vatican said.
The step forward on the diplomatic f…

Money Trap Complexity: Traditional IRA vs. Roth
By Anne Tergesen
Starting Jan. 1, Uncle Sam will permanently eliminate both the income and filing-status restrictions on transferring money from a traditional IRA to a Roth — a procedure known as …

Spitzer: Geithner, Bernanke Should Go
Continue reading Geithner, Bernanke “Complicit” in Financial Crisis and Should Go

Seattle Gentrification ala IRS
By Danny Westneat
Rachel Porcaro knows she’s hardly rich. When you’re a single mom making 10 bucks an hour, you don’t need government experts to tell you how broke you are.
But that’s what happene…

Growing Power
Continue viewing YouTube

Owning Physical Precious Metal
GoldMoney founder and GATA consultant James Turk was interviewed for 27 minutes this week by Eric King of King World News. They discussed the second phase of the bull market in gold, Barrick Gold’s st…

Managing Inflation: Labor Costs Down or Capital Costs Up?
By Joe Weisenthal
View Larger Chart
Continue reading Morgan Stanley: Here Comes A Brutal 2010