Scientists Baffled By Upper Atmosphere Shrinkage
By Derrick Ho
An upper layer of Earth’s atmosphere recently shrank so much that researchers are at a loss to adequately explain it, NASA said on Thursday.
The thermosphere, which blocks harmful ul…
1977 Environmental Modification Convention
The Environmental Modification Convention (ENMOD), formally the Convention on the Prohibition of Military or Any Other Hostile Use of Environmental Modification Techniques is an international treaty…
BIS Footnote Unlocks Major Development in Gold Use
By Jan Harvey and Veronica Brown
A small footnote in the Bank of International Settlements’ latest annual statement has flagged up a potentially major development in the way the metal can be used a…
Fiscal Localism On Rise In Germany
By Eric Westervelt
The Havelbluete, the Augusta and the Chiemgauer might sound like the names of locally brewed beers, but they are in fact micro-currencies which, like micro-breweries, are in abun…
Why I Don’t Trust Matt Simmons
I remember being puzzled by Matt Simmons hawking of peak oil theories in 2004 and 2005. He was unusually aggressive. While I never took the time to investigate what he was saying in depth, something…
Why I Don't Trust Matt Simmons
I remember being puzzled by Matt Simmons hawking of peak oil theories in 2004 and 2005. He was unusually aggressive. While I never took the time to investigate what he was saying in depth, something…
Competing Currency Being Accepted Across Mid-Michigan
By Dan Armstrong
New types of money are popping up across Mid-Michigan and supporters say, it’s not counterfeit, but rather a competing currency.
Continue reading the article . . .
Related readin…
Is The Gold Trade “Crowded”?
By Jeff Clark
Continue reading the article . . .
Quote du Jour
Why live in shame of what we have done, when we can live in awe of what we might do?
~ From Battlestar Gallactica
Electronic Reading Devices Are Transforming Books
By Alex Pham and David Sarno
Digital tools advance beyond screens that talk and play videos, connecting readers to authors and online fan communities.
Emma Teitgen, 12, thought the chemistry book …
The Source of Our Despair in the Gulf
With a new containment cap atop the damaged well, many are hopeful.
But all is not well, after all.
National Incident Commander Thad Allen said Friday that the pressure within the cap is not incre…
Rooftop Farm
By Martyn Burns
Amidst the industrial terrain of Greenpoint, Brooklyn sits the magical Eagle Street Rooftop farm – one of the boroughs unique plots and part of the Community Supported Agriculture…
Higher Education Fund Buys Gold Over Economic Worries
By R.G. Ratcliff and Jeannie Kever
Fearing unstable international financial markets and the possibility of high inflation, Texas’ higher education investment managers have bought more than $500 milli…
Money & Markets – Week of 7.18.10
Citigroup, JPMorgan Said to Have Sold AIG Protection to Goldman
Bloomberg (23 July 10)
Here Comes The Real Stress: Only 27% Of China Project Loans To Be Repaid In Full
Zero Hedge (23 July 10)
11th …
Money & Markets – Week of 7.18.10
Citigroup, JPMorgan Said to Have Sold AIG Protection to Goldman
Bloomberg (23 July 10)
Here Comes The Real Stress: Only 27% Of China Project Loans To Be Repaid In Full
Zero Hedge (23 July 10)
11th S…
Precious Metals – Week of 7.18.10
Izabella Kaminska: Looks Like BIS Swaps Relieved Gold Market Squeeze
GATA (22 July 10)
Gold Moving Towards Global Reserve Status – Gartman
Mineweb (22 July 10)
Gold Swaps Signal the Roadmap Ahead
SU…
What It Took To Get An 8th Grade Education in 1895…
By Vincent L. Guarisco
Remember when grandparents and great-grandparents stated that they only had an 8th grade education? Well, check this out.
This is the eighth-grade final exam from 1895 in Sa…
Housing & Mortgage Markets – Week of 7.18.10
Mortgage Securities and the Fed’s Dilemma
Yahoo Finance (23 July 10)
Mortgage Rates Hit 4.56 pct., Record Low
Yahoo Finance (22 July 10)
Homebuilder Confidence in U.S. Falls to One-Year Low
Bloombe…
Housing & Mortgage Markets – Week of 7.18.10
Mortgage Securities and the Fed’s Dilemma
Yahoo Finance (23 July 10)
Mortgage Rates Hit 4.56 pct., Record Low
Yahoo Finance (22 July 10)
Homebuilder Confidence in U.S. Falls to One-Year Low
Bloomber…
Geopolitical – Week of 7.18.10
First Gitmo Trial Under Obama Poses Tough Test For His ‘Swift And ‘Certain Justice’ Pledge
Politico.com (24 July 10)
Rep. Charles Rangel Broke Ethics Rules, House Panel Finds
The Washington Post (23 …
Food & Health – Week of 7.18.10
Government Cover-up of Food Shortage Feared
WorldNetDaily (10 Jan 10)
Bill Gates Talks About
‘Vaccines to Reduce Population’
Geopolitics-Geoeconomics (4 March 10)
Having a Cow
Memphis Flyer (1 J…
Food & Health – Week of 7.18.10
Government Cover-up of Food Shortage Feared
WorldNetDaily (10 Jan 10)
Bill Gates Talks About
‘Vaccines to Reduce Population’
Geopolitics-Geoeconomics (4 March 10)
Having a Cow
Memphis Flyer (1 J…
Life – Week of 7.18.10
Woman in 911 Call Says She Strangled Her Autistic Children
CNN.com (22 July 10)
Hundreds of Dead Penguins Dot Brazil’s Beaches
Yahoo News (22 July 10)
As NYC Area Spreads, So Do Bears; NJ Hunt Appro…
Science & Technology – Week of 7.18.10
Facebook IPO “When Makes Sense”, Zuckerberg Tells ABC
Reuters (22 July 10)
Smartphones Could Be Latest Battle Accessory
Reuters (21 July 10)
Ads that Match a Web Page’s Images
Technology Review (21 …
Science & Technology – Week of 7.18.10
Facebook IPO “When Makes Sense”, Zuckerberg Tells ABC
Reuters (22 July 10)
Smartphones Could Be Latest Battle Accessory
Reuters (21 July 10)
Ads that Match a Web Page’s Images
Technology Review (21 …
Cheetah
Cheetah by Follower of Giovannino de’Grassi
Anonymous Lombard (Workshop of Giovannino de’Grassi), Two studies of a cheetah, 1410 (detail).
Related reading:
The British Museum
Cheetah
From Wikip…
Italian Renaissance Drawings
Video About The Exhibition
Fed Gets More Power, Responsibility
By Luca Di Leo
After fending off most challenges to its independence and winning new powers to oversee big financial firms, the Federal Reserve has emerged from a bruising debate on the overhaul of…
Financial Reform? Hah! US Halts Financial Management Systems; $4 Trillion Still Missing
White House officials point to $300 million spent by the Veteran’s Administration over the past decade on a financial systems project that still isn’t done.
At the Department of Homeland Security, me…
Hauser’s Law
From Wikipedia
In economics, Hauser’s Law is an empirical observation that, in the United States, federal tax revenues since World War II have always been equal to approximately 19.5% of GDP, regar…
Hauser's Law
From Wikipedia
In economics, Hauser’s Law is an empirical observation that, in the United States, federal tax revenues since World War II have always been equal to approximately 19.5% of GDP, regar…
Inflating War
By Thomas Dilorenzo
“One can say without exaggeration that inflation is an indispensable means of militarism,” Ludwig von Mises wrote. “Without it, the repercussions of war on welfare become …
Farewell Evergreen Farm
Evergreen Farm, the finest farm and dairy in my county, announced this week that they are closing and will auction their herd and land. This is in response to the cash flow impact of regulatory requ…
Equities vs. Gold
By Joe Weisenthal
Continue reading the article . . .
Quote du Jour
“He who controls the Spice controls everything!”
~ Dune, by Frank Herbert
Carnicom Institute – Live Webinar
July 22, 2010 – 7PM MDT with Clifford E Carnicom
The Carnicom Institute will hold a live webinar on Thursday, July 22nd, 2010 at 7PM MDT. Clifford Carnicom will be discussing a recent experiment inv…
Yet Another Options Expiration “Surprise”
By Karl Denninger
Since when does the SEC announce that it’s about to make an announcement – about an hour before the market closes the day before options expiration?
There’s clearly biased and then…
Yet Another Options Expiration "Surprise"
By Karl Denninger
Since when does the SEC announce that it’s about to make an announcement – about an hour before the market closes the day before options expiration?
There’s clearly biased and then…
Subdued AgBank Debut Dampens China Fundraising Outlook
By Samuel Shen and Kennix Chim
Agricultural Bank of China’s (601288.SS) $19 billion IPO made a lackluster debut in Shanghai, weighing on the market and underscoring the difficulty other Chinese ban…
Chinese Rating Agency Strips Western Nations of AAA Status
By Ambrose Evans-Pritchard
Dagong Global Credit Rating Co used its first foray into sovereign debt to paint a revolutionary picture of creditworthiness around the world, giving much greater weight …
Identity Theft: Avoiding It If You Can, Surviving It When You Don’t
Read Notes on Guarding yourself from identity theft
Listen to the MP3 audio file
Download the MP3 audio file
by Catherine Austin Fitts
This Thurs…
Money & Markets Charts ~ 7.15.10
View this week’s chart comparisons of gold against fiat currencies, oil and the Dow. Stay tuned for our next Money & Markets segment of The Solari Report tonight, Thursday, July 15, 2010.
Click…
Money & Markets Charts ~ 7.15.10
View this week’s chart comparisons of gold against fiat currencies, oil and the Dow. Stay tuned for our next Money & Markets segment of The Solari Report tonight, Thursday, July 15, 2010.
Click…
Wall Street Reform Clears Congress
By Andy Sullivan and Kevin Drawbaugh
The Congress on Thursday approved the broadest overhaul of financial rules since the Great Depression and sent it to President Barack Obama to sign into law.
B…
Goldman To Pay $550M To Settle Civil Fraud Charges
By Marcy Gordon and Daniel Wagner
Goldman Sachs & Co. has agreed to pay $550 million to settle civil fraud charges that the Wall Street giant misled buyers of mortgage-related investments.
The…
Goldman’s Silent Board
By Richard Teitelbaum
Amid a storm of criticism, government investigations and an SEC suit, the investment bank’s outside directors have failed to speak out.
Greg Palm, Goldman Sachs Group Inc. …
Goldman's Silent Board
By Richard Teitelbaum
Amid a storm of criticism, government investigations and an SEC suit, the investment bank’s outside directors have failed to speak out.
Greg Palm, Goldman Sachs Group Inc. …
Quote du Jour
After having thus successively taken each member of the community in its powerful grasp and fashioned him at will, the government then extends its arm over the whole community. It covers the surface…
Happy Bastille Day!
Bastille Day is the French national holiday which is celebrated on 14 July each year. In France, it is formally called La Fête Nationale (National Celebration) and commonly le quatorze juillet (the…
Shanghai vs S&P 500
By Vincent Fernando, CFA and Kamelia Angelova
Continue reading the article . . .
Shanghai vs S&P 500
By Vincent Fernando, CFA and Kamelia Angelova
Continue reading the article . . .
Small-Business Lending Is Down
By Sewell Chan
The chairman of the Federal Reserve urged banks and regulators on Monday to help the nation’s small businesses get the loans they needed to create jobs.
He also acknowledged that …
California Bankruptcy Court Holds That MERS Cannot Transfer Note For Want of Ownership
The United States Bankruptcy Court for the Eastern District of California has issued a ruling dated May 20, 2010 in the matter of In Re: Walker, Case No. 10-21656-E-11 which found that MERS could no…
The National Bank of Malvern
[Note from CAF: My wonderful bankers at National Bank of Malvern did not tell me about this story published last year. I just found it, so I am publishing it now.]
Not many banks are in a celebrato…
Franklin Sanders on Revitalizing Local Economies
This is an excellent talk that Franklin gave recently in Mississippi. If you want to understand what each community needs to do to create jobs in the United States, this is one for you!
Listen to t…
Resort Opens In Singapore
By Lucy Ballinger
The impressive, boat-shaped ‘SkyPark’ perched atop the three towers that make up the world’s most expensive hotel, the £4billion Marina Bay Sands in Singapore.
Continue reading …
The Con of the Decade
The con of the decade (Part I) involves the transfer of private debt to the public (the marks), who then pays interest forever to the con artists.
I’ve laid out the Con of the Decade (Part I) in o…
Job Growth in U.S. Driven Entirely by Startups
Kauffman Foundation Study
New firms add an average of 3 million jobs in their first year, while older companies lose 1 million jobs annually
(KANSAS CITY, Mo.), July 7, 2010 – When it comes to U.S…
A Debate on Geoengineering: Vandana Shiva vs Gwynne Dyer
Amy Goodman Interview
DemocracyNow! (8 Jul 10)
Supporters of geoengineering have proposed radical ways to alter the planet to decrease the level of greenhouse gas emissions. Proposals include creat…
Public and Private: Restoring a Montana Spring Creek
New York Times
By Verlyn Klinkenborg (8 Jul 10)
A couple of weeks ago, I walked along a spring creek in the upper Madison Valley, just south of the town of Ennis, Mont. As my guide, Jeff Laszlo, expl…
Allstate CEO Says U.S. State, Local Borrowing ‘Out of Control’
Bloomberg.com (7 Jul 10)
Allstate Corp. Chief Executive Officer Thomas Wilson said a surge in borrowing by U.S. state and local governments may trim the value of municipal debt holdings, and called f…
Allstate CEO Says U.S. State, Local Borrowing 'Out of Control'
Bloomberg.com (7 Jul 10)
Allstate Corp. Chief Executive Officer Thomas Wilson said a surge in borrowing by U.S. state and local governments may trim the value of municipal debt holdings, and called f…
US-Backed Loans to Expand Nuclear Power: A Boon for Overseas Jobs?
A report released Thursday finds that all 18 firms lining up for tens of billions in US-backed loans for new nuclear power plants would use overseas jobs to build most of them.
Nuclear power opponent…
Is it Almost Over? BP Will Try to Stop Oil Flow
By Mark Seibel (9 Jul 10)
Washington – In a dramatic turn of events, the Obama administration has given BP the go-ahead to remove the containment cap atop the runaway Deepwater Horizon oil well and r…
Chinese Credit Firm Says US Worse Risk Than China
BEIJING (AP) — A Chinese firm that aims to compete with Western rating agencies declared Washington a worse credit risk than Beijing in its first report on government debt Sunday amid efforts by Chi…
Polanski Ruling – Ramifications Beyond Switzerland
By Richard Winton
The Swiss government’s decision not to extradite Roman Polanski to Los Angeles means the famed director can now travel freely in Switzerland as well as France, where he has citize…
Money & Markets – Week of 7.11.10
The Last Bubble: The Problem of Unresolved Debt in the US Financial System
Jesses Crossroads Cafe (15 July 10)
Fed’s Volte Face Sends The Dollar Tumbling
Telegraph.co.uk (15 July 10)
Demand For Fina…
Money & Markets – Week of 7.11.10
The Last Bubble: The Problem of Unresolved Debt in the US Financial System
Jesses Crossroads Cafe (15 July 10)
Fed’s Volte Face Sends The Dollar Tumbling
Telegraph.co.uk (15 July 10)
Demand For Fina…
Precious Metals – Week of 7.11.10
Goldman Sachs Pushes Gold Hedging, Predicting Falling Gold Price Beyond 2011
Mineweb (15 July 10)
Reg Howe: BIS Swaps Seem Meant to Stretch Out Paper Gold
GATA (15 July 10)
Sprott Plans Physical Si…
Housing & Mortgage Markets – Week of 7.11.10
Homes Lost to Foreclosure on Track For 1M in 2010
Yahoo News (15 July 10)
China Has Been Covertly Funding A Housing Bubble Five Times Larger Than That Of The US: 65 Million Vacant Homes Uncovered
Ze…
Housing & Mortgage Markets – Week of 7.11.10
Homes Lost to Foreclosure on Track For 1M in 2010
Yahoo News (15 July 10)
China Has Been Covertly Funding A Housing Bubble Five Times Larger Than That Of The US: 65 Million Vacant Homes Uncovered
Zer…
Geopolitical – Week of 7.11.10
A Quiet Axis Forms Against Iran in the Middle East
Spiegel OnLine (15 July 10)
Obama Administration Calls For Electronic Health Records By 2015
USA Today (15 July 10)
The “Well Integrity Test” Is a …
Food & Health – Week of 7.11.10
Alzheimer’s Gene Acts on Middle-Aged People, Two U.S. Studies Indicate
Bloomberg (14 July 10)
Guerilla Gardener from Mathieu Young on Vimeo.
The Most Interesting Thing You Will Read This week
HELEN’…
Food & Health – Week of 7.11.10
Alzheimer’s Gene Acts on Middle-Aged People, Two U.S. Studies Indicate
Bloomberg (14 July 10)
Guerilla Gardener from Mathieu Young on Vimeo.
The Most Interesting Thing You Will Read This week
HELEN’…
Life – Week of 7.11.10
10 Ways Our World is Becoming More Shareable
Your Olive Branch (25 June 10)
Science & Technology – Week of 7.11.10
BP Chokes Off The Oil Leak; Now Begins The Wait
Yahoo News (15 July 10)
BP Says Test Shuts Off Oil Leak From Gulf Well
Reuters (15 July 10)
Teens Using Digital Drugs to Get High
Wired (14 July 10)
…
Science & Technology – Week of 7.11.10
BP Chokes Off The Oil Leak; Now Begins The Wait
Yahoo News (15 July 10)
BP Says Test Shuts Off Oil Leak From Gulf Well
Reuters (15 July 10)
Teens Using Digital Drugs to Get High
Wired (14 July 10)
…
A Sunday in London
This morning, I attended the Eucharist at St. Paul’s Cathedral, including a celebration of Mozart’s sacred music, receiving communion with more than 1,000 worshipers. Our sermon was on forgiveness a…
Serenade at Liverpool Station
When I stopped at Liverpool Station for coffee this morning, there was a gentlemen playing the street piano. I stopped to sit in the sun and listen to the music.
Many hours later after my meeting a…
What a Time!
I flew to London on Wednesday, flying from Memphis to Dallas. The airports were busy. The all night flight from Dallas to London was packed.
I came into the City of London from Heathrow Airport wit…
Gold Swap Mystery Deepens
By C. Powell
Dear Friend of GATA and Gold:
The Wall Street Journal this evening updated and corrected its report about the gold swaps undertaken by the Bank for International Settlements, disclosi…
Europe’s New Approach to Biotech Food
By James Kanter
After decades of pushing nations to surrender more power to Brussels, the European Union is about to throw in the towel on one highly contentious issue: genetically modified foods.
…
Precious Metals Market Report
Listen to the MP3 audio file
The Solari Report – 08 July 2010
Download the MP3 audio file
Audio
By Catherine Austin Fitts
This week Franklin Sanders of The Moneychanger will be joining…
Money & Markets Charts ~ 7.07.10
View this week’s chart comparisons of gold against fiat currencies, oil and the Dow. Stay tuned for our next Money & Markets segment of The Solari Report this Thursday, July 8, 2010.
Click here…
Money & Markets Charts ~ 7.07.10
View this week’s chart comparisons of gold against fiat currencies, oil and the Dow. Stay tuned for our next Money & Markets segment of The Solari Report this Thursday, July 8, 2010.
Click here…
Quote du Jour
“The future is created by the people who build it, not the people who predict it will not exist.”
~ Catherine Austin Fitts
BIS Engaged in Gold Swaps to About 380 Tonnes
By Jesse
These swaps have significance because of the speculation that the public sale of gold by the IMF, which was secretive and selective, was not a legitimate sale to raise funds, but a means o…
Plugging BP’s Macondo Oil Well
By Jessica Resnick-Ault and Katarzyna Klimasinska
BP Plc is likely to intercept its Gulf of Mexico gusher this month, ahead of schedule, kicking off a “kill” process that may take as little as …
Plugging BP's Macondo Oil Well
By Jessica Resnick-Ault and Katarzyna Klimasinska
BP Plc is likely to intercept its Gulf of Mexico gusher this month, ahead of schedule, kicking off a “kill” process that may take as little as …
Whitney on State & Local Cutbacks; Consumer Defaults
Continue reading Meredith Whitney: The Rebound In Consumer Spending Is Just The Result Of People Not Paying Their Mortgages
Whitney on State & Local Cutbacks; Consumer Defaults
Continue reading Meredith Whitney: The Rebound In Consumer Spending Is Just The Result Of People Not Paying Their Mortgages
Home Ownership And The Banks
Dear Jim,
Allow me to chime in here and bolster your comments to CIGA Arlen.
First and foremost, what your readers need to understand is that no one who has a loan secured by a mortgage on his hom…
Illinois Stops Paying Its Bills
By Michael Powell
Even by the standards of this deficit-ridden state, Illinois’s comptroller, Daniel W. Hynes, faces an ugly balance sheet. Precisely how ugly becomes clear when he beckons you in…
War Horse
YouTube
I am flying to London this week; returning early next week. This Friday, I will join wonderful clients and friends to see Nick’s Stafford’s play, War Horse. This is something I have wan…
BP Financial Limbo Dance
View Larger Chart
Continue reading BP Financial Limbo Dance
As Oil Industry Fights a Tax, It Reaps Subsidies
By David Kocieniewski
When the Deepwater Horizon drilling platform set off the worst oil spill at sea in American history, it was flying the flag of the Marshall Islands. Registering there allowed th…
Russian Mayor Irks Security Agency, and Suffers
By Clifford J. Levy
On the edge of this Siberian village is a resort with a veiled guest list and armed guards at the front gate. When local officials have expressed unease about what goes on insid…
College President Withdraws from Goldman Sachs Board
By Janet Lorin
As much as higher education and corporate America would like to be engaged, college presidents are struggling to reconcile the demands and values of academia with shareholder skepticis…
Emerging Market Banks
View Larger Chart
Continue reading The Bigger And Bigger Picture
BP Seeking Investors
BP Plc is seeking a strategic investor to secure its independence in the face of any takeover attempts as it struggles with a devastating oil leak in the Gulf of Mexico, newspapers said Sunday.
Brita…