

Circle Lending
Water Color by Lesta Frank
By Anne Stuhldreher
…Unless, that is, you’re friends with someone like Maria del Carmen Torres. In between serving up pupusas and plantain chips at local farmers’ mark…

Retail Fire Sale
Target, Burlington, MA
By Eric Janszen
The first half of 2009 goes like this:
1. After Christmas sales: 20% to 50% off
2. Liquidation sales: 50% to 80% off
3. Then 30% to 40% of retailers go out o…

Chicago – Closed for the Day
If you planned to check out a library book, visit a city clinic or have your garbage picked up on Monday, you’re out of luck.
The City of Chicago is basically closed for business on Aug. 17, a redu…

Oldie but Goodie
If nuclear weapons exist, then nuclear war is a real possibility. And Delhi is a prime target. It is.
But where shall we go? Is it possible to go out and buy another life because this one’s not panni…

UK Nurses Polled on Swine Flu Vaccine
By Rebecca Smith
Only a third of nurses have said they are willing to have the vaccine against swine flu amid fears it has not been tested enough, a survey has found.
Continue reading Only a Third…

Sir! No Sir!
Sir! No Sir!
Sir! No Sir! is a documentary produced, and written by David Zeiger about the opposition to the Viet Nam War in military ranks. Subtitled “the suppressed story of the GI movement to en…

Blog Comments
Thank you for all of your wonderful comments at the blog.
Alas, not all those commenting had the readers and our best interests at heart. And despite lots of spam filters, the spam has become quite s…

The Lockheed Fire
The Lockheed Fire in Santa Cruz was one of nine big wildfires burning more than 100,000 acres in California last week. It was named after the largest defense contractor, Lockheed Martin, because it th…

Hyperbolic Deficit
The 2008 GAAP-based deficit (counting unfunded Social Security and Medicare liabilities, etc.), using accrual accounting, was $5.1 trillion, up from $1.2 trillion ($4 trillion-plus, using consistent a…

Cap & Trade Bogged Down in Senate
By Daniel Whitten and Simon Lomax
The U.S. Senate should abandon efforts to pass legislation curbing greenhouse-gas emissions this year and concentrate on a narrower bill to require use of renewable …

Congressman Paul Broun (R-Ga)
Congressman Paul Broun (R-Ga) also spoke of a “socialistic elite” – Obama, House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid – who might use a pandemic disease or natural disaster as a…

Letter to A Senator
Dear Senator Boxer:
You were so right on when you scolded the general on TV for using the term, “ma’am,” instead of “Senator”. After all, in the military, “ma’am” is a term of respect when addressin…

Gabriel Howearth
I received this from a member of our local permaculture organization. If you have the time and inclination, please read it. A valuable resource is in need.
Dear friends,
I want to share with you t…

The 12 Rules of Survival
By Laurence Gonzales
As a journalist, I’ve been writing about accidents for more than thirty years. In the last 15 or so years, I’ve concentrated on accidents in outdoor recreation, in an effort to…

Important Dates in the Monetary History of the United States, Part IX, 1913 — Federal Reserve Act
By David Liechty
On December 23, 1913, Congress passed the Federal Reserve Act (ch. 6, 38 Stat. 251) and again fundamentally changed the monetary structure of the United States, creating a mixed pub…

More Militia? Rubbish!
“”A lie keeps growing and growing until it’s as plain as the nose on your face.”
I keep getting e-mails that militia are on the rise in America. I don’t believe a word of it. There are a lot of Ame…

On Market Manipulation
Nothing would please Bernanke and the Federal Reserve Bank of New York more than to see both low long term yields and higher highs in equities. However, the juggling act required to ramp both equiti…

Prison Riots
A friend of mine who has worked in the prison system tells me that the prisoners say the way to tell when the economy is in real trouble is prison riots trigged by dissatisfaction with food. The fol…

GM Centralizes in California
By Peter Whoriskey
Hate car salesmen? Want to skip the test drive?
General Motors has some cars to show you.
The government-rescued automaker announced on Monday that it is starting a trial in whi…

Home Prices
The Case-Shiller has been signalling an improvement in the second derivative of housing prices for a few months, and in the latest report it even showed a sequential increase. But check out the NAR’…

Fiscal Meltdown
By Joe Weisenthal and Kamelia Angelova
Hopefully deficits don’t matter, because if they do, then boy are we screwed. Today’s chart was put together by Diapason Securities analyst Sean Corrigan (via A…

Supply Chains Shorten
By Richard Milne in Amsterdam
Manufacturers are abandoning global supply chains for regional ones in a big shift brought about by the financial crisis and climate change concerns, according to e…

Shock Doctrine 2009: The Post Office
Secret Office, at The General Post-Office
Welcome to John Potter’s world. He’s the nation’s postmaster general. Yes, that’s right: for the last nine years, he has run the United States Posta…

Great History
When Mexico Had the Blues: A Transatlantic Tale of Bonds, Bankers, and Nationalists, 1862–1910
By Steven C. Topick
As Joseph Schumpeter lyrically described the broader phenomenon of public finance…

Paulson’s Calls to Goldman Tested Ethics
By Gretchen Morgenson and Don Van Natta Jr.
Before he became President George W. Bush’s Treasury secretary in 2006, Henry M. Paulson Jr. agreed to hold himself to a higher ethical standard than his…

White Mountains Hiking
Southern Presidential Peaks By Gary Tompkins
By Catherine Austin Fitts
As a child, my summers were spent hiking in the White Mountains (New Hampshire).
My grandparents had a farm that was listed …

Building Machines to Change DNA
“Our goal was to find out whether we could program DNA to assemble into shapes that exhibit custom curvature or twist, with features just a few nanometers wide,” says biophysicist Hendrik Dietz, a p…

Oil Market Manipulation
The United States on Thursday issued new rules on oil market manipulation that prohibits market players from providing misleading information to influence prices.
The Federal Trade Commission said in…

Bundesbank Says Gold in NY
Deutsche Bundesbank
Germany’s gold is in U.S. custody, Bundesbank confirms.
Dear Friend of GATA and Gold:
International journalist Max Keiser has just posted a nine-minute documentary he has done …

South Atlantic Anomaly
From Wikipedia
The South Atlantic Anomaly (or SAA) is the region where Earth’s inner Van Allen radiation belt makes its closest approach to the planet’s surface. For a given altitude, the radiation …

Congress Gets an Upgrade
By Brody Mullins
Congress plans to spend $550 million to buy eight jets, a substantial upgrade to the fleet used by federal officials at a time when lawmakers have criticized the use of corporate j…


Food Stamps USA
By Charles Abbott
For the first time, more than 34 million Americans received food stamps, which help poor people buy groceries, government figures said on Thursday, a sign of the longest and one …

Dyncorp Does Vaccines
The picture above is an article about allegations of sex slave trafficking relating to a defense government contractor named DynCorp.
I became interested in DynCorp after observing their role as we…

Chart of The Day
By Joe Weisenthal and Kamelia Angelova
The severe bloodletting in the construction industry is slowly waning. The pace of layoffs is coming well off its peak, according to ADP, probably since compa…

Russia Patrols the Eastern Seaboard
Russian Nuclear-powered Submarine
By Mark Mazzeti and Thom Shanker
A pair of nuclear-powered Russian attack submarines has been patrolling off the eastern seaboard of the United States in recent d…

Lunar Eclipse
Penumbral Lunar Eclipse February 9, 2009
A penumbral lunar eclipse will take place on August 6, 2009, the third of four lunar eclipses in 2009. The moon’s small entry into the earth’s penumbral shad…

A Triple Sunrise Over Gdansk Bay
Credit & Copyright: Barry & Noemi Diacon
Continue reading Astronomy Picture of the Day

The Royal Scam
View full article at oftwominds.com
So when you’re reading the news about how randomly careless and stupid everybody was, just remember the Argentine plan: all the right people win, all the wrong p…

The Geography of Jobs
At tipstrategies.com
Go to the website to view an animated graphic of The Geography of Jobs between 2004 and 2009.

Euphrates Drying
Photo: Moises Saman for The New York Times
By Campbell Robertson
Throughout the marshes, the reed gatherers, standing on land they once floated over, cry out to visitors in a passing boat.
“Maak…

Hormats to State
President Barack Obama is nominating Robert Hormats, a vice chairman of Goldman Sachs International, to a top economic position at the State Department.
Hormats, 66, will serve as undersecretary of s…

Wall Street Hits The Jackpot
Jackpot
By Grant McCool
The report said bonuses for Goldman Sachs Group Inc., Morgan Stanley, and JPMorgan Chase & Co. were “substantially greater” than the banks’ net income.
Goldman earned…

"Hand of God"
By Matthew Moore
What appears, with a little imagination, to be the outstretched fingers were created by a spinning neutron star known as a pulsar buried deep inside the fist, which releases energy…

Winter Hydrangea
Our very own Susan Johann just took 1st place at the Artists Guild of Spartanburg with Winter Hydrangea.
Susan Johann – Fine Art and Commercial Photographer
Financial Permaculture Chautaqua?

Wyoming Proposed 10th Amendment Resolution
Wyoming Governor Dave Freudenthal has transmitted the following memorandum and proposed resolution on state sovereignty to the Wyoming Legislature’s Management Council.
Continue Reading Wyoming…

Robert Dean at European Exopolitics
Robert Orel Dean at Wikipedia

Thriller Behind Bars
“Thriller”
1,500 plus inmates of the Cebu Provincial Detention and Rehabilitation Center in Cebu, Philippines practice Michael Jackson’s global mega hit, Thriller.

Military Led Recovery?
Why a Recovery May Still Feel Like a Recession
New York Times (31 Jul 09) The recession has produced declines far greater than in previous downturns over the past half-century. As a result, th…

Gentically Modified Food: Risky, Riskier…
One of the great mysteries surrounding the spread of GMO plants around the world since the first commercial crops were released in the early 1990’s in the USA and Argentina has been the absence of …

Somebody Watching You?
Continue Reading Obama Passing New Law to Allow Searching of PC’s, Laptops, And Media Devices

Government’s Income and Spending
Each business day, the United States Treasury Department publishes a report on the workings of the government’s income and spending. One of the items on this report is the “Withheld Income and Em…

CDC Asks for Public Comment
In July, the Secretary of Health and Human Services announced that the federal government expects to initiate a voluntary fall vaccination program against the 2009 H1N1 flu virus. The CDC will help…

Health Care Gaps
By Howard Berkes
It was a Third World scene with an American setting. Hundreds of tired and desperate people crowded around an aid worker with a bullhorn, straining to hear the instructions and worri…

Recommended Site for Flu Info
Welcome to the Community Toolbox. Here you will find fliers, brochures, documents, and more to help you in your community efforts to raise awareness. Please Read the following post to help you …

The Commercial Real Estate Bust
From MyBudget360.com
View enlarged charts as pdf file . . .

The Peoples' Currency
The Moneychanger
By Franklin Sanders
Facing a collapsing national economy, we must revive local economies. To do that we need a local money that will stay local. Various community currencies have be…

Action Alert: Senate Voting on NAIS Funding
From the Farm-to-Consumer Legal Defense Fund
(29 Jul 09)
“Call your Senators TODAY to urge that NAIS funding be cut. The Senate is expected to consider the Senate Agriculture Appropriations bill as …

Call Your Rep – Vote No on HR 2749
I have called my representative, Rep. Marsha Blackburn to request that she vote against HR 2749 (The Food Safety Enhancement Act of 2009).
The Weston A. Price Foundation alert says as follows:
HR2…

Midas Murphy and Rob Kirby's Latest
Courtesy of Rob Kirby
Continue Reading US Government Orchestrates Market Moves

Big Spenders Marry Big Savers
By Kristina Cooke
Frustrated by your spouse’s spending habits?
It might be why you married them, according to a working paper titled “Fatal (Fiscal) Attraction” by professors of the Wharton Scho…

The Good, The Bad, The Ugly?
By Stu Woo
Gov. Arnold Schwarzenegger on Tuesday signed a plan to close California’s $24 billion budget shortfall, after using his line-item veto powers to slash $500 million in spending in addition …

Primary Dealers Are Primarily Foreign
Memorandum to all Primary Dealers and Recipients of the Weekly Press Release on Dealer Positions and Transactions
The latest list reflects the following changes:
Effective July 27, 2009, Nomura Se…

Joel Salatin on Farming
Joel Salatin at Polyface Farm, Virginia.
“When was the last time you heard a group of parents bragging? Ever hear one say, “Well, you can have your doctors, lawyers, accountants and engineers. My ki…

Russian Navy Close Encounters
Photo By Phil Ewing
By David Axe
“On several occasions the instruments gave reading of material objects moving at incredible speed,” a sub commander recalled. “Calculations showed speeds of a…

Cheney Pressured Bush to Authorize Use of Military on US Soil
By Jason Leopold
Former Vice President Dick Cheney pressured President George W. Bush and other top administration officials to deploy US soldiers to a Buffalo, New York, suburb to arrest suspected t…

Gold in Sacks
Gold in Sacks

Google: Dangerous and Hazardous to The Public
By David Davis
When I read in the pages of this newspaper this month that the Conservative Party was planning to transfer people’s health data to Google, my heart sank. The policy described was so…

The Dollar Focus of Chinese-U.S. Talks
Chinese US Dollar
The dollar may be the focus of Chinese-U.S. talks starting in Washington today as China presses the Obama administration on how it will tame the fiscal deficit and protect the U.S…

Common Sense May Sink ObamaCare
By Peggy Noonan
This is big, what’s happening. President Obama appears to have misstepped on a major initiative and defining issue. He has misjudged the nation’s mood, which itself is news: He ro…

"The L-Curve"
The L-Curve graph represents income, not wealth
If we divided the income of the US into thirds, we find that the top ten percent of the population gets a third, the next thirty percent gets another t…

A Trillion Here, A Trillion There
Treasury’s is borrowing $235B in one week:
* 70-day CMB (7/24/09) $30B
* 13-week Bill (07/27/09) $32B
* 26-week Bill (07/27/09) $31B
* 19-year 6-month TIPS (07/27/09) $6B
* 52-week Bil…

Social Security, By the Way…
I subscribe to The Kiplinger Letter. Among other things, I find it a predictor of the “official story” combined with a useful flow of tax and regulatory information.
This week, Kiplinger describes th…

Important Dates in the Monetary History of the United States, Part VIII, 1863-1900 – Movement to a “Gold Standard”
By David Liechty
In 1863, Congress authorized the Treasury to receive “deposits of gold coin and bullion” in exchange for “certificates” payable on demand, having quasi-legal-tender status …

Obama's Scary Pal, Cass Sunstein
By Sam Smith
One of the clues that Obama was not who he professed to be during the campaign was his closeness to Harvard professor Cass Sunstein. When Obama appointed Sunstein to direct the White Hou…

Seniors Will Soon Outnumber Kids
By Richard Gray
By Ed Pilkington
The world is about to cross a demographic landmark of huge social and economic importance, with the proportion of the global population 65 and over set to outnumber…

Important Dates in the Monetary History of the United States, Part VII, 1863-1865 – The National Currency Acts – National Fractional Reserve Currency Backed by Government Debt
By David Liechty
With irredeemable Greenbacks and precious metal coin circulating at identical legal, “dollar”, value (see Thompson v. Butler, 95 U.S. 694 at 696 (1878) , stating that “[a] co…

Swine Flu: What I Believe
I believe one of the goals of the swine flu vaccine is depopulation. Perhaps it is the goal of a swine flu epidemic as well, whether bio-warfare or hype around a flu season.
These days, I keep rememb…

Now Legal Immunity for Swine Flu Vaccine Makers
by F. William Engdahl
The US Secretary of Health and Human Services, Kathleen Sebelius, has just signed a decree granting vaccine makers total legal immunity from any lawsuits that result from any ne…

ERISA Requires ESG Considerations, U.N. Report Says
By Barry B. Burr
Pension fund fiduciaries under ERISA are “arguably required” to integrate environmental, social and corporate governance factors into their regular investment decision-making pro…

Is Obama Gorbachev?
By James Howard Kunstler
The eulogy for Walter Cronkite as “the most trusted man in America” on the CBS “Sixty Minutes” show said a lot about the condition of this nation — though it did not signify…

Vaccine Rights…Forensics Reports
By Arthur’s Baby Clipart
…from a vaccine-death case in the U.S. Vaccine Courts. Explains the physiological mechanism by which the MMR vaccine caused the child’s death, and how this same mechanism…

Is Grousing About Goldman Reaching Critical Mass?
Illustration by S. Kambayashi
By Peter Brimelow
I’m amazed: Grousing about Goldman Sachs, and fury at the financial sector, is actually reaching the point where something might happen — maybe even…

The Great Shape of Our Economy
Watch and learn people. This is how we do it ! Jon Stewart explains the great shape of our economy…
Jon Stewart Explains The Great Shape of Our Economy…
YouTube (17 July 09)

Hank Paulson's Testimony
Hank Paulson’s testimony before the House Committee on Oversight and Government Reform last week was painful to watch. The hardest thing in the world is to look into the mirror and say “I’m the patsy….

Full Spectrum Dominance
By: Prison Planet
I started F. William Engdahl’s new book, “Full Spectrum Dominance: Totalitarian Democracy in the New World Order,” this weekend and literally could not put it down.
Engdahl begin…

Bailouts Could Cost $23.7 Trillion
Artist: Alberto Ruggieri
From BBC News
“From programmes involving large capital infusions into hundreds of financial institutions, to a mortgage modification programme, to public-private partnershi…

Real Estate Roller Coaster
We posted this back in 2007, but thought it might be worth viewing again as we watch a parade of rich financiers insist that they are innocent of what has happened. A bubble this big is no accident, n…

Details of Agreement to Close California Deficit
Gov. Arnold Schwarzenegger and California legislative leaders Monday said they reached a compromise to close the state’s $26 billion budget shortfall.
Continue Reading California Budget Deal Closes $…

Venture Investment
By Tim Mullaney
Venture capital investment fell 51 percent in the second quarter as firms coped with the recession and a drought in initial public offerings, bringing funding for startups to the l…

Solar Eclipse – 7.22.09
More information at Wikipedia . . .
Update:
Asia Darkens Under Long Solar Eclipse
Reuters (22 July 09)

Is FDIC Financing Derivatives?
By Rob Kirby
With the former Investment Banks being granted Commercial Banking status due to the unfolding financial crisis in late 2008, it was widely reported in the mainstream financial press th…

Nuts!
Shock: Inside the Healthcare Bill
EconomicPolicyJournal.com
“Following the mad recommendations of Peter Singer made in NYT’s Sunday magazine, it pays to take a look at what is actually in the healt…

CBO Director on the Federal Budget
Under current law, the federal budget is on an unsustainable path, because federal debt will continue to grow much faster than the economy over the long run. Although great uncertainty surrounds long-…

Highway Privitization Hell
Public Roads
By: Ellen Dannin
On July 24, 2008, the Denver Post reported that Coloradans were shocked to learn that the private contractor that had leased the Northwest Parkway objected to road imp…

What Economy? There's Nothing Left
By Paul Craig Roberts
There is no economy left to recover. The US manufacturing economy was lost to offshoring and free trade ideology. It was replaced by a mythical “New Economy.”
The “New …

Pay-To-Play Pension Fund Scandal
By Zachary Roth
So: is Steve Rattner stepping down as the Obama administration’s car czar because of the investigation into whether his private-equity fund used pay-to-play tactics to win business fr…

Broad Unemployment Across the U.S.
Under a broader definition of joblessness, some states have rates higher than 20 percent. This rate includes part-time workers who want to work full time, as well some people who want to work but have…

Orwell Censored by Amazon?
AnimalFarm
This morning, hundreds of Amazon Kindle owners awoke to discover that books by a certain famous author had mysteriously disappeared from their e-book readers. These were books that they h…