
Liftoff
Mission managers watch as NASA’s Ares I-X rocket launches from Launch Pad 39B at the Kennedy Space Center in Cape Canaveral, Fla., Wednesday, Oct. 28, 2009. The flight test will provide NASA with an…

Russia Delays Gold Sales
By Polina Devitt
The Russian government said on Tuesday it had postponed its plans to sell up to 50 tonnes of gold this year, after information about the sale was leaked to the market, but the gold…

UK: Is Your Safe Deposit Box Safe?
By Adrian Levy and Cathy Scott-Clark
The Finchley Road is one of the busiest thoroughfares heading out of London. It leads traffic north past Lord’s Cricket Ground and the multimillion-pound houses…

Saudis Drops WTI
By Javier Blas
Saudi Arabia on Wednesday decided to drop the widely used West Texas Intermediate oil contract as the benchmark for pricing its oil, dealing a serious blow to the New York Mercantile…

Derivatives Drain Municipal Governments
By Peter Robison, Pat Wechsler and Martin Z. Braun
Salvatore Calvanese, the treasurer of Springfield, Massachusetts, for four years, had a ready defense for why he risked $14 million of taxpayer mo…

Collateral Damage
By Tyler Durden
“Although the main interests of the Federal Reserve are macroeconomic in nature, well-functioning financial markets are ancillary to good economic performance. Conversely, financial i…

Farmer Found Guilty
It appears that local governments are getting serious about enforcing Wisconsin’s livestock premises registration law. Last week, Patrick Monchilovich of Cumberland became the first person in the stat…

Why Boys Are Turning Into Girls
Here’s something rather rotten from the State of Denmark. Its government yesterday unveiled official research showing that two-year-old children are at risk from a bewildering array of gender-bendin…

California Pensions Lose $ Gentrifying NY Rental Housing
By David B. Caruso
It was the most expensive real estate deal in U.S. history. Now it’s poised to become one of the biggest flops.
At the height of the real estate bubble in 2006, an investment gr…

The Consequence of a Bull Market in Fraud
“By Jesse”
The theory of a short squeeze in Eurodollars which we had first put forward last year “The Dollar Rally and Deflationary Imbalances in the US Dollar Holdings of Overseas Banks” seems to …

Food Will Never Be So Cheap Again
By Ambrose Evans-Pritchard
Biofuel refineries in the US have set fresh records for grain use every month since May. Almost a third of the US corn harvest will be diverted into ethanol for motors th…

Food Safety Debate Continues . . .
[Information originally from Weston Price.]
The debate on food safety is heating up in Congress. Last Thursday, October 22, the Senate Committee on Health, Education, Labor & Pensions (HELP) hel…

Giant Atom-smasher Jinxed
Scientists claim the giant atom-smashing Large Hadron Collider (LHC) is being jinxed from the future to save the world.
In a bizarre sci-fi theory, Danish physicist Dr Holger Bech Nielsen and Dr M…

Health Bill May Cut Employer Mandate
By David Espo
Businesses would not be required to provide health insurance under legislation being readied for Senate debate, but large firms would owe significant penalties if any worker needed go…

Mass Media Pimping For The White House
By Sam Smith
If you see and hear a lot in the media about volunteerism and community service in the coming days, it’s no accident. Major media – ranging from Time magazine to a whole string of TV s…

A True Picture of the US Dollar
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By James Turk
Because people generally calculate the price of goods and services only in terms of the national currency of the country where they live, it is not easy for them to …

The Military-Industrial-Congressional Complex
This talk by Larry Wilkerson was the keynote speech given at an event sponsored by the Sam Adams Associates for Integrity in Intelligence, American University History Department, American University…

Tim Geithner's $14 Billion Gift of Taxpayer Funds to Goldman Sachs
By Jesse
Tim Geithner should be given the option to resign immediately, or be fired. He is either incompetent, too conflicted to do his job with the banks properly, or possibly both.
Stephen Fried…

New York Fed’s Secret Choice to Pay for Swaps Hits Taxpayers
By Richard Teitelbaum and Hugh Son
In the months leading up to the September 2008 collapse of giant insurer American International Group Inc., Elias Habayeb and his colleagues worked nights and wee…

The Real Deal on US Housing Policy
The Slaughter of Cities: Urban Renewal as Ethnic Cleansing by E. Michael Jones is a remarkable history of the application of private foundation and federal housing policies and dollars in Boston, C…

US Residential Borrowers Underwater
By Diana Golobay
The majority — 60% — of remaining performing borrowers within ‘06- and ‘07-vintage residential mortgage-backed securities (RMBS) bear negative home equity, meaning they are…

When the Crooks Run the Show
By Paul Craig Roberts
One conclusive hallmark of a failed state is that the crooks are inside the government, using government to protect and to advance their private interests.
Another conclusive…

Madoff Associate Drowns; Trail Grows Cold?
By Brian Skoloff,
A man accused of making more than $7 billion off the investment schemes of jailed financial manager Bernard Madoff drowned after having a heart attack, authorities said Monday.
J…

Greening the Desert
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Permaculture Research Institute of Australia
Geoff Lawton

A Virtual Geoff Lawton Urges You to Cross the Line
Continue reading A Virtual Geoff Lawton Urges You to Cross the Line

Evans-Pritchard's Dollar Defense
By Ambrose Evans-Pritchard
Let me stick my neck out.
The dollar will still be the world’s dominant reserve currency in 2030, sharing a degree of leadership in uneasy condominium with the Chinese…

Russia To Sell Gold
By Polina Devitt
Russia plans to sell as much as 50 tonnes of gold this year to help plug a budget deficit in the first major bullion sale by its precious metals repository since the fall of the So…

Piano Stairs
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White House Tries to Ban Fox from Press Pool
Today the White House stepped up its attack on Fox News, announcing that the network would no longer be able to conduct interviews with officials as a member of the Press Pool. The Pool is a five-me…

Uh-Oh – Food "Safety" Bill
By Andrew Zajac
Legislation granting the Food and Drug Administration new powers to oversee the nation’s food supply has elbowed its way onto Congress’ crammed calendar with bipartisan support and r…

Michel Chossudovsky: Where the bailout money is going
It’s quite amazing. Two White Houses – Bush and Obama (call it “Bushbama”) – have shoveled trillions of dollars in “no strings” attached bailouts to the banks. What are they doing with it?
The G…

FDA Letter to Dr. Andrew Weil re: Supplements for H1N1
This is to advise you that the United States Food and Drug Administration (“FDA”) and the United States Federal Trade Commission (“FTC”) reviewed your website at the Internet address www.drweil.com …

Hyperinflation Watch
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By James Turk
Evidence continues to emerge that the US dollar is headed for hyperinflation. For example, consider why US stock markets are rising.
The Dow Jones Industrials, S&a…

News From The Get Mint Trading Company
The farm may be deserted for now, but the Get Mint Trading Company is up and running!
Linette and Peppermint Jim Crosby together with the entire GMTC crew are working hard to increase the customers b…

The New Roth Rollover Rules Explained
By Kimberly Lankford
I’ve been getting a ton of questions from readers about the new Roth IRA rollover rules that take effect in 2010, when anyone will be able to convert their traditional IRA to a…

FDIC’s Temporary Liquidity Guarantee Program Ends
Some of the nation’s largest financial companies, including Citigroup (NYSE: C), GE Capital (NYSE: GE), JPMorgan Chase (NYSE: JPM), Wells Fargo (NYSE: WFC), Bank of America (NYSE: BAC) and others …

Round 'Em Up, Stock Goes Up
By Eric Martin
William Ackman said he bought shares of Corrections Corp. of America, giving his Pershing Square Capital Management LP hedge fund a 9.5 percent stake in the biggest U.S. operator of pr…

Google Search: Buy Gold vs. Dollar Collapse
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Continue reading CHART OF THE DAY: Google Searchers Are Obsessed With The Dollar Collapse

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…

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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Continue reading:
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…

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…

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…

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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U.S $ INDEX (NYBOT:DX)

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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Continue reading Government Debt: Financed by Official Sector

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…

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…

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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Continue reading Inflation-Adjusted Gold Prices

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…

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…

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…