By Vincent Fernando

Total assets under management for U.S. emerging markets funds is now pretty close to the peak level it hit pre-crisis and what’s striking is how quickly money has come back.

Amer…

By Tyler Durden

Today’s latest chapter in what is now known as the new 3M: the Massive Mortgage Mess, is that Fidelity National has told lenders to halt foreclosures, and to stop sales of bank owne…

By Kara Scannell and Tom Lauricella

Regulators investigating the causes of the May 6 “flash crash” singled out a Midwestern mutual-fund company’s computer-driven trade as the catalyst that sent a s…

By Satyajit Das

Detox Cures

In the first half of 2010, angst about European sovereign debt receded and market volatility eased. In the second half of 2010, concerns about Greece, Ireland, Spain an…

By Karen Freifeld and David Mildenberg

Ambac Assurance Corp. sued Bank of America Corp. over $16.7 billion of mortgage-backed securities, saying the bank’s Countrywide Financial Corp. unit fraudu…

Ohio Secretary of State Brunner has sent a criminal referral to the US attorney general over ubiquitous mortgage fraud.

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Related reading:

Homes in Florida Seized…

By Lymari Morales

For the fourth straight year, the majority of Americans say they have little or no trust in the mass media to report the news fully, accurately, and fairly. The 57% who now say this…

Shares in Monsanto slumped by 10% on Tuesday amid talk that some of the group’s top-of-the-range corn seed, genetically modified to protect against insect pests, was delivering disappointing yields….

Global governance—the collective management of common problems at the international level—is at a critical juncture. Although global governance institutions have racked up many successes since …

The IRS deployed a new preparer tax identification number (PTIN) registration system Tuesday as a component of its initiative to register and regulate paid tax return preparers.

All paid tax return…

Videos From CNN.com

By Shawn Tully

The housing crash not yet realized its full impact on budgets in the most vulnerable states. It’s the banking crisis all over again – and it’s time to stop ignoring it.

Meredith Wh…

By Tyler Durden

With each passing day, the revalations in mortgage-gate, which has for now implicated GMAC and JPMorgan in foreclosing on mortgages without titles, and will likely soon proceed thro…

By C. Powell

GATA’s freedom-of-information lawsuit against the Federal Reserve in U.S. District Court for the District of Columbia, an action seeking access to the Fed’s records involving gold and …

The Icelandic parliament, Althingi, just passed a parliamentary resolution with 33 votes against 30 to take former Prime Minister Geir H. Haarde to High Court (Landsdómur) on alleged negligence in …

By Gregory White

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By Cassandra Anderson

YouTube

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By Jack Farchy Financial Times

Europe’s central banks have all but halted sales of their gold reserves, ending a run of large disposals each year for more than a decade.

The central banks of the…

By Heidi Blake

A space ambassador could be appointed by the United Nations to act as the first point of contact for aliens trying to communicate with Earth.

Mazlan Othman, a Malaysian astrophysicist…

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By Harriet Johnson Brackey

When Jason Grodensky bought his modest Fort Lauderdale home in December, he paid cash. But seven months later, he was surprised to learn that Bank of America had foreclos…

[Thank you, Michael Shuman!]

Every good or service imported unnecessarily from outside your community means lost income, jobs, and taxes from the business that might have supplied these items local…

by Eric deCarbonnel

[You] will never know the difference if the toilet paper is 3/4″ narrower, right?

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By Pete Kennedy

More than ever S510 represents a major threat to the local food movement, states’ autonomy to regulate food, and the country’s ability to become self-sufficient in food producti…

By John Hooper

In unprecedented move, judge freezes €23m held in account at financial institution with close church links.

The head of the Vatican bank has formally been placed under investigati…

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By Joe Weisenthal

The US economy is frequently compared to Japan in the early days of its lost decade, but here’s one way it’s way different: the US is a much worse place to be a worker.

As this c…

By: David Gutierrez

he Mexican government is moving forward with plans to ban all junk foods from public school by the start of the coming school year, officials have announced.

“The kids are goin…

YouTube
(30 Sept 10)

By Dr. Arthur Evangelista, PhD

Food Safety Modernization Act of 2010, may be the most dangerous bill in the history of the US. It is to our food what the bailout was to our economy, only we can liv…

By Chris Dever

High-Fructose Corn Syrup – The Corn Refiners Association recently asked the FDA in the U.S. to allow high-fructose corn syrup (HFCS) to be renamed ‘corn sugar’ for labelling purposes…

By: Robin Knight

The UK’s tax collection agency is putting forth a proposal that all employers send employee paychecks to the government, after which the government would deduct what it deems as th…

A gold dispensing ATM machine from Emirates Palace in Abu Dhabi

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Related reading:

Abu Dhabi Gets an ATM Machine that Dispenses Pure Gold
Elite Choice (15 May 10)

U.S. household wealth fell by $1.5 trillion in the second quarter, according to Federal Reserve data on Friday that showed the strain a slow-paced recovery and high unemployment are putting on Ameri…

By Les Leopold

How dare we ask such questions! How dare we consider targeting them for special taxes? How dare we even think about redistributing THEIR incomes… even if at the moment much of thei…

DN! Gathered here in Bonn this week are some 80 Right Livelihood Award laureates, including the Canadian farmer Percy Schmeiser who has battled the biotech giant Monsanto for years. When Monsanto se…

US tax dollars at work.

The US Department of Homeland Security has been spying on people who don’t like gas drilling and handing on the data to the oil companies.

According to recently leaked docu…

An Evening with Chris Martenson
Thursday Sept. 23, 2010
7:00pm- 8:30pm
Yucca Theatre
2000 W Wadley Ave, Midland, TX 79705
—
Dr. Chris Martenson is an independent economist and author of a popular we…

The Senate on Thursday passed the Creating Small Business Jobs Act of 2010 (part of the Small Business Jobs and Credit Act, HR 5297) by a vote of 61–38, and sent it back to the House of Representa…

Growing an Already Disjointed and Duplicative Federal Government

In 2008, GAO testified before a House subcommittee that “FDA is one of 15 agencies that collectively administer at least 30 laws r…

Majority Leader Harry Reid said Thursday the Senate will not take up long-pending food safety legislation before the Nov. 2 elections, citing a Republican senator’s objections.

Reid announced on …

By Michael W. Savage

For those who have long argued that smoking marijuana should not be a crime, a potentially historic turning point is just weeks away.

Voters in California will decide Nov. 2 w…

BOSTON (TheStreet) — The “automatic” IRA may be on the way.

A bill filed by U.S. senators Jeff Bingaman (D-New Mexico) and John Kerry (D-Mass.) would automatically enroll most U.S. workers in indi…

The U. S. Department of Labor’s Employee Benefits Security Administration (EBSA) and the Department of the Treasury today announced a joint public hearing on Sept. 14, 2010, and if necessary on Sept. …

YouTube

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By Ambrose Evans-Pritchard

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Note from Catherine:

I am not sure why the IMF was surprised. The world jobs crisis was intentionally engineer…

Queen of The Sun creatively explores the global bee crisis as a catalyst for culture shift. We highlight unsung heroes from past and present, from poets and philosophers, to scientists and biodynami…

By Brett Michael Dykes

What you see above isn’t a rural gravel road. It’s a Louisiana waterway, its surface completely covered with dead sea life — a mishmash of species of fish, crabs, stingray a…

In earlier times, it was easier to control a million people than physically to kill a million people.
Today it is infinitely easier to kill a million people than to control a million people.

~ Zbigni…

YouTube

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Catherine Austin Fitts’ Blog Commentaries

The Shrinking Middle Class
(27 July 10)

By Joe Weisenthal

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By Jeremy Scahill

Blackwater author Jeremy Scahill reveals in The Nation new evidence about the connection between the security firm and a host of companies, from Disney to Monsanto. Says Scahill: …

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By Timothy Noah

The American aristocracy is less different from you and me than it was in Fitzgerald’s day. “Before World War II,” they wrote, “the richest Americans were overwhel…

By Rebecca Thistlewaite

You watched Food, Inc. with your mouth aghast. You own a few cookbooks.

You go out to that hot new restaurant with the tattooed chef who’s putting on a whole-animal, nose-…

By Rachel Armstrong

New bank capital requirements agreed by global regulators brought relief to Asia’s financial sector on Monday as fears that lenders might be forced into fresh capital raising we…

Homeowners in Illinois are almost evenly divided on whether the value of their home is worth more than their mortgage, and they are not very optimistic about their home values in the near future.

A …