
State & Local Tax Receipts
Weakness Unmatched in 35 Years
Investor’s Insight (16 Feb 2009)

In From a Reader – An Experience with Bank of America
Catherine,
I’ve been visiting Solari for about a year, and I want to thank you for the information you provide.
I want to relate an experience I had with Bank of America lately. I’ve banked there fo…

States vs. Feds
There is a war going on but it is not one we are reading about in the news.
As tax revenues decline, the federal government can operate with deficits. By law, states and counties must balance their…

Nassim Taleb & the Black Swan
Nassim Taleb, author of The Black Swan, talks straight about bailouts and makes sound suggestions about solutions. For example, how can you fix anything if you leave in charge the people who created t…

The Stimulus Wiki
Here is a great idea – using wiki technology to bring transparency to government spending, starting with the stimulus package.
The Stimulus Wiki
OK, anyone want to wikify the bailout?

From the Netherlands
View this slide show from a network member:
Understanding and Navigating the Economic Crisis update
Lots of suggestions to help you take action.

Highlights of The Stimulus Bill
The Associated Press breakdown of approximately $700 billion of the $789 billion economic stimulus bill agreed to by the Senate and House:
Aid To Poor And Unemployed
$40 billion to provide extende…

The Data Beast – Part V
Aaron Russo was a fearless, talented, capable man. He loved life and people. He could not fathom why millions of Americans were adapting to fascism. I got to know Aaron while he was filming “America: …

The Data Beast – Part IV
From Sam Smith
The Progressive Review – 11 Feb 2009
Washington Monthly – The National Coordinator for Health Information Technology isn’t “new”; it was created by George W. Bush five years ago. More …

The Data Beast – Part III
I grew up next to a University campus. My parents loved to learn. Our home was filled with books and people from diverse backgrounds.
One of my mother’s best friends had narrowly escaped the German…

Credit Freeze
I froze my credit recently.
Forty-seven states and the District of Columbia have enacted laws requiring the credit bureaus to enable consumers to protect their credit files with a security freeze.
…

The Data Beast – Part II
In assessing the advisability of a national health database, it is valuable to understand that a national health database will be:
one of many databases containing data about you that will feed p…

The Financial Stability Plan
Here is the fact sheet and the new website for the Administration’s Financial Stability Plan.
Lord Acton once said, “The issue which has swept down the centuries and which will have to be fought soo…

US Government Debt Grows
“The net supply of Treasurys in 2009 and 2010 combined seems likely to total more than $3 trillion and could climb as high as $4 trillion. The Congressional Budget Office (CBO) estimates the 2009 Fe…

The Data Beast – Part I
When I served as Assistant Secretary of Housing at the Department of Housing and Urban Development (HUD) in the first Bush Administration, I discovered that the government was paying billions of dol…

Financial Permaculture: What Is It?
Financial Permaculture on Vimeo.
Watch the video from the first-ever Financial Permaculture Summit in Hohenwald, Tennessee.

New Hampshire Explains the Law to the Federal Government
Here is a copy of House Resolution 6 being discussed by the New Hampshire Legislature. It certainly sets some limitations on the Presidency and the Congress …
Continue reading on Jesse’s Café Am…

Executive Order on Health Information Technology
The American Recovery and Reinvestment Act of 2009 (popularly referred to as the President’s economic stimulus plan) as engrossed in the House of Representatives (as HR 1), Section 9202 “Investment …

Produce the Note
Here is an excellent idea from one of our finest Congressional Representatives: Ohio Congresswoman Marcy Kaptur.
View the Mortgage Squatting video on YouTube

If Goldman Did Not Need the Money, Why Did They Take It?
Bloomberg News: Goldman Sachs Group Inc. wants to repay the $10 billion it got from the U.S. Treasury last year to signal the firm is healthy and to escape limitations that were imposed with the mon…

Derivatives R' Us
Rob Kirby of Kirby Analytics is the Sherlock Holmes on the tail of the derivatives cabal. Here is the product of his latest sleuthing.

Rethinking Diversification
[Originally Posted on Feb 2, 2009]
For our entire lives, most of us have depended on highly centralized systems. Our food comes from a thousand or more miles away. Our savings is shipped in…

Look at the Time
Occasionally I have someone tell me that they have to subscribe to corporate media because they need to know what “they” are saying. I understand how these people feel. I broke down two years ago an…

Wall Street Bailout Exceeds Cost of All U.S. Wars Combined
The following appeared in the Rock Creek Free Press
Casey Research, of Vermont, has analyzed the costs of the government bailouts of the housing crisis, the credit crisis and others and has conclud…

US State & Local Government Pension Funds
According to the Center for Retirement Research at Boston College, in The Funding Status of Locally Administered Pension Plans by Alicia H. Munnell, Jean-Pierre Aubry, and Kelly Haverstick, US state a…

More on NAIS
The Department of Agriculture continues its efforts to implement the National Animal Identification System. Here are proposed new rules published on January 13, 2009.

What Companies Are Actually Doing Well?
According to a NY Times article, the following industries have experienced significant sales growth in the last 12 months (privately owned companies only):
View a complete list in the NY Times arti…

SEC Eliminates Paper Certificates for Withdrawals-by-Transfer
Well, we have swapped real assets for paper. Now we cannot even get the paper:
SEC Approves Eliminating Paper Certificates for Withdrawals-by-Transfer

IRA Rollovers:Tax Laws Affecting Investors
Leaving your current place of employment? Here are frequently asked questions about IRA rollovers from employee sponsored plans.
Read the complete article …

The Fed’s Blueprint for Market Intervention
by James Turk
Read the full article on gata.org
An important document buried in the Federal Reserve’s archives has been discovered by writer and researcher Elaine Supkis. This document is posted on…

Money R' Us: We Break It, We Fix It
Larry Summers, engineer of the housing bubble and gold price suppression, is returning to power on Monday. Ditto, the folks who lost $3.3 trillion at the Pentagon.
Now Paul Volcker, former Fed Chai…

I.O.U.S.A. Documentary
CNN is running the documentary ‘I.O.U.S.A.’ this weekend. We thought you might find our commentary from this summer regarding ‘I.O.U.S.A.’ of interest.

Citigroup says Rubin Has Retired from Bank
Citigroup Inc. said Robert Rubin has retired from the bank. According to a spokesman, “Rubin did not anticipate the ‘extreme circumstances’ that the financial system now faces.”
Robert Rubin Quits …

Will Defense Run the "Real" Stimulus Package?
In fiscal 1999, the Department of Defense was “missing” $2.3 trillion dollars. To put that amount of money in perspective, it is approximately 3X what President-elect Obama is .
In fiscal 2000, the…

The Fix Is In
There appears to be a chorus of people with very good resumes predicting that the dollar is about to fall. While the economic fundamentals for the U.S. dollar are dreadful, they have been so for qui…

Panetta Picked to Head CIA
Obama Picks Leon Panetta to Head CIA
Yahoo News (05 Jan 2009)
Leon Panetta on Wikipedia
wikipedia.org
Central Intelligence Agency on Wikipedia
wikipedia.org

2008: The Year in Markets
The following snapshot from MarketWatch reveals that 2008 was, indeed, a difficult year for many investors.

Putting Madoff in Perspective
These days I am wondering if Madoff’s biggest problem is that he stole from the rich. Feels to me like when you steal from ordinary people, particularly when it makes the rich much richer, it is cal…

A Boycott by Any Other Name …
by James Bowen, National Chairperson of the Ireland-Palestine Solidarity Campaign
http://www.haaretz.com/hasen/spages/848045.html
In the late 19th century, changes in Ottoman law created a new cla…

Look Out Below?
The U.S. Dollar just took a nose dive….

Monsanto's Destruction of Seed Cleaners
Monsanto’s Destruction of Seed Cleaners and the Immense Threat to Human Access to Seeds

Monsanto’s Destruction of Seed Cleaners
Monsanto’s Destruction of Seed Cleaners and the Immense Threat to Human Access to Seeds

Would You Invest With Someone Named "Made-Off?"
Bernie Madoff on the Modern Stock Market
YouTube
I have started and managed several small businesses. It is hard to run one set of books for a small business. There are other people involved — not…

Would You Invest With Someone Named “Made-Off?”
Bernie Madoff on the Modern Stock Market
I have started and managed several small businesses. It is hard to run one set of books for a small business. There are other people involved — not just the…

Bloomberg v. The Fed
I have been searching for updates on Bloomberg’s lawsuit seeking disclosure of collateral held by the Fed in exchange for a trillion plus in loans. Kudo’s to Bloomberg’s Mark Pittman for his coverage …

Firefighters and Sheriffs v. Bob Rubin et. al.
The Minneapolis Firefighters and the Southern Louisiana Sheriffs have taken on CitiGroup and the Citi board and underwriters. It’s one thing to put up with the New World Order bankrupting your local c…

Bank of America to Politicians: Your Deposits or Else!
So the Governor of Illinois decides to pull the plug on Bank of America:
Illinois Governor Cuts off Bank of America After Chicago Factory-Worker Sit-In
And look what happens:
Illinois Governor Ar…

Critical Issues Not Addressed in the Bailout
On December 2, the US Congress’ investigative arm — the GAO — criticized the Treasury Department’s handling of the $700 billion bailout program:
Read the story on truthout.org

Give Mint Oil for Xmas
I just got my box of mint oil drams from Crosby Mint Farm. It is excellent. In fact, I sent the planned presents out to the Solari team, so I am out and ordering more today. These make great presents …

Cheney Indicted for Prison Profiteering
I decided to search out the reported indictment of Vice President Richard Cheney…
Texas DA Reveals Evidence Against Cheney
The Raw Story (27 November 2008)
Hearing Set for Monday to Oust Judge i…

The Big Lie
Here is a must-see video: 137 pages of foreclosure notices in the Detroit Free Press BEFORE the bailout and resulting layoffs from the big three auto makers:
In 1989, while I was serving as Assista…

Follow-Up to My G20 "Translation"
Following my recent interpretation of the G20 communique, the editor of Expresso wrote back: “Catherine, can you elaborate a little more about this printing euphoria?”
The Chairman of the Federal R…

Follow-Up to My G20 “Translation”
Following my recent interpretation of the G20 communique, the editor of Expresso wrote back: “Catherine, can you elaborate a little more about this printing euphoria?”
The Chairman of the Federal R…

Coast to Coast "Curriculum"
I was interviewed on Coast to Coast Am Radio last night. As is sometimes the case, we were unable to publicize this interview — I was flying home when they called me.
I discussed several of my earl…

Coast to Coast “Curriculum”
I was interviewed on Coast to Coast Am Radio last night. As is sometimes the case, we were unable to publicize this interview — I was flying home when they called me.
I discussed several of my earl…

Statement From G-20 Summit: In English
The Editor of Expresso in Portugal wanted my take on the recent G-20 communique. Here is my “translation” of the official statement:
1. Now that the growth of debt and derivatives bubbles has stall…

401K's and IRA's: Shilling for a New World Order
In light of the recent proposals to turn 401K’s and IRA’s over to the Social Security Administration (see Dems Target Private Retirement Accounts), I recommend reading what I believe was one of the fi…

401K’s and IRA’s: Shilling for a New World Order
In light of the recent proposals to turn 401K’s and IRA’s over to the Social Security Administration (see Dems Target Private Retirement Accounts), I recommend reading what I believe was one of the fi…

Obama Won – What is Next?
President-elect Obama and his transition team now have 77 days to assemble a staff and Cabinet, determine the chief policies and goals for their first term and year in office, rework the federal budge…

Report from Hohenwald on Financial Permaculture
Thanks to the Institute of Noetic Sciences Shift in Action series, here is my audio report on the Financial Permaculture conference in MP3 format:
Listen to the MP3 file

Follow the Money
The bailout bill resulted in $700 billion of taxpayer funds, much of it going to Wall Street firms who will pay out an estimated $70 billion in bonuses this year. So what do people from Wall Street…

Paulson’s Swindle Revealed
From William Greider’s recent article:
“Treasury Secretary Hank Paulson agreed to invest $125 billion in the nine largest banks, including $10 billion for Goldman Sachs, his old firm. But, if you loo…

Paulson's Swindle Revealed
From William Greider’s recent article:
“Treasury Secretary Hank Paulson agreed to invest $125 billion in the nine largest banks, including $10 billion for Goldman Sachs, his old firm. But, if you loo…

Financial Permaculture Chautaqua?
Tonight, Liora Adler, Andy Langford and Albert Bates gave a presentation on Transition Towns. Andy reviewed his estimates of what happens to the local economy each year in Lewis County as all the youn…

Financial Permaculture Reaches Oceania!
Here’s a live wire coming through the global information grapevine –
Last night I blogged here about Eric Wagoner’s incredible LocallyGrown.net, a stunningly simple software solution to the cha…

Biochar
The ethanol team at the Financial Permaculture conference is amazing. I was in their session last night led by Pat Therrien who manages to combine encylopedia-like knowledge with a sense of humor. S…

Financial Permaculture – Natural Homebuilding
Great News! Howard Switzer and Katey Culver are going to present the history of natural homebuilding on Saturday evening during the open space presentations. Howard and Katey have a thriving business …

Financial Permaculture – Meet The Green Incubation Team
The challenges we face today are global in scope, but the solutions remain concrete. Our opportunity is to address them in sustainable, profitable ways. Companies can be conceived, launched, and sust…

Financial Permaculture Goes Viral
An offering from Gifthub.org…

Financial Permaculture in Hohenwald – Final Schedule
Click to access the final schedule (page 1, page 2) for the event: Financial Permaculture: The Greening of A Rural American Community, October 24-28, 2008 in Hohenwald, Tennessee.
Click HERE to view …

Financial Permaculture: Finance Team Simulations
The Finance Team is doing two simulations on Saturday, October 25. Here are two of the handouts for the first simulation that Catherine will be leading:
Financial Team Simulation: What Does a Local I…

Financial Permaculture – Local Venture Capital Structures
Recently we published a review of independent media capital structures.
This analysis looked at shareholder structures that divided investors between voting and non-voting shares or otherwise organiz…

Financial Permaculture – Got a Comment?
If you have a comment about Financial Permaculture or the Financial Permaculture workshop in Hohenwald, Tennessee October 24-28, 2008, and are not sure where to put it, please place it as a comment to…

Principles of Financial Permaculture
Principles of Financial Permaculture
By Jennifer Dauksha-English
View or download this document as a PDF
Financial Permaculture has been a part of the overall concept of Permaculture as it has cropp…

Franklin Sanders’ Weekly Market Commentary
This commentary has been re-printed with Franklin Sanders’ permission:
Well, well, here’s a surprise: another week you’ll never see again in your life — oddly enough, something like the week before….

Franklin Sanders' Weekly Market Commentary
This commentary has been re-printed with Franklin Sanders’ permission:
Well, well, here’s a surprise: another week you’ll never see again in your life — oddly enough, something like the week before….

Financial Permaculture – Meet the Food Coop Leaders
The leaders of the food coop team at Financial Permaculture are pretty incredible. Check out Eric Wagoner from Athens, Georgia and Robert Waldrop from Oklahoma. Bob organized and leads the Oklahoma Fo…

Blogging Financial Permaculture
From Phil Cubeta at Gifthub.org:
The Prospects of Financial Permaculture
Greg Landau at Gaia Emerging responds…

We Welcome Your Help…
Overview of Legal Structures for Small Businesses Financial Permaculture Conference
We wrote up a list of enterprise legal forms for the recommended reading list for the entrepreneurs in Hohenwald. T…

A Solari Report – Can Our Own Communities Serve as Financial Safe Havens in Troubled Times?
By Catherine Austin Fitts and Carolyn Betts, Esq.
Download a PDF version of this article
The fall in global stock market prices over the last year has had a significant impact on most Americans’…

Factors Driving the Stock Market Down
There are numerous factors driving the stock market down. Here are a few important ones:
1. Debt overhang: We have issued far more debt than we can pay back. This is being used, among other things,…

The Silent Financial Coup d’état
An Interview with Catherine Austin Fitts by Jorge Nascimento Rodrigues, editor of Janelanaweb.com.
QUESTION: Which are the roots of the ongoing financial crisis? A group of Wall Street’ criminals, o…

AIG Spa Trip Fuels Fury on Capitol Hill
This piece about lavish spending by AIG executives after the $85 billion federal bailout is worth reading. It points out the impossibility of reviving a real economy under the leadership of people who…

Scoop Election Integrity Campaign – How To Help
About the Scoop US Electronic Election Integrity Campaign 2008
What is it?
A Pro-Bono (Free) advertising campaign to support the US Election Protection movement and its many diverse groups and partic…

Our Next Brainstorm: Let's Bail OUT OF Wall Street
OUR NEXT BRAINSTORM: WHAT ACTIONS CAN WE TAKE TO BAIL OUT OF WALL STREET?
The time has come to purge these people from our lives. How do we do it? Since our readers had such great ideas on the bumper…

Ten Reasons NOT To Bail Out Wall Street
by Catherine Austin Fitts and Carolyn Betts, Esq.
(1) Crime that pays is crime that stays.
There is reason to believe that Wall Street and those they represent are holding loans without collateral, …

Goldman Sachs Goes Net Long Gold on TOCOM
By Adrian Douglas
In the September 29 session on the Tokyo Commodity Exchange (TOCOM) Goldman Sachs COVERED 13 short contracts and bought 495 long contracts to bring their long position to 2,525 cont…

Avalon Acres – Financial Permaculture
Another reason to come to Financial Permaculture is to hook up with one of the fastest growing CSAs in Tennessee, Avalon Acres Farm in Hohenwald, Tennessee.
–
Visit Avalon Acres website >>>

Treasury Conference Call
Please seed and spread around!
http://www.nakedcapitalism.com/2008/09/mussolini-style-corporatism-in-action.html
This is an audio recording of the conference call with the US Treasury Department, gi…

Wall Street to Main Street: Who Needs You?
Fed Pumps Further $630 Billion Into Financial System
By Scott Laman & Craig Torres – Bloomberg.com (29 Sep 2008)
Adjusted Monetary Base – 25 Sep 2008
St. Louis Federal Reserve
Financial Sense Ne…

Main Street to Wall Street: Drop Dead
U.S. House Rejects $700 Billion Financial-Rescue Plan
By Allison Vekshin & Laura Litvan – Bloomberg.com (29 Sep 2008)

Rumi and Bates
Sit down and be quiet.
You are drunk, and this is the
edge of the roof.
~ Rumi
This wonderful quote from Rumi was brought to our attention by the amazing Albert Bates. Albert is one of the reasons why…

A Comment on the Bailout Bill
By Carolyn Betts, Esq.
I agree with every point in Bernie Sanders’ proposal but have a suggestion.
I worked with lead counsel to the RTC (the government entity that served as receiver for defunct sa…

Total U.S. Debt
John:
You asked, what is the size of the total consolidated national debt?
The President of the Dallas Fed says $99.2 trillion. I would add $20-50 trillion for bailouts and collateral, securities an…

Project Censored Top 25 Stories for 2009
# 1 Over One Million Iraqi Deaths Caused by US Occupation
# 2 Security and Prosperity Partnership: Militarized NAFTA
# 3 InfraGard: The FBI Deputizes Business
# 4 ILEA: Is the US Restarting Dirty Wars…

Proposed Bail Out Bill
The New York Times has posted a draft copy of the U.S. Treasury bail out bill.
As a practical matter, this bill gives the U.S. Secretary of the Treasury – the former chairman of one of the Wall Stree…

Slow Burn Capital Controls
A broker reported to me today that their clearing agent is requiring them to mark purchases of AAA sovereign bonds denominated in foreign currencies as “speculative” investments.
Pressure to do this …

Lehman Bankrupt, AIG Next? – Please Position ASAP!
As the leaders of the mortgage bubble continue to hit the wall, the importance of repositioning your assets into the “real” economy and out of a “bubble” economy is urgent.
In Frantic Day, Wall Stree…

Orwellian Markets
Doug Casey’s newsletter reports that the Dow Jones Index companies had consolidated losses in the second quarter. However, the Dow Jones is holding and gold is falling.
Meanwhile, it took 232 years t…

The Farm Blog Up
thefarmblog.org
News and views from The Farm in Summertown, Tennessee