By Scott Stewart

Looking at the world from a protective-intelligence perspective, the theme for the past week has not been improvised explosive devices or potential mass-casualty attacks. While th…

By David Crane

Because Calpers failed to disclose pension costs and liabilities 10 years ago, taxpayers will be on the hook for hundreds of billions.

In 1999 then California Governor Gray Davis sign…

By Alison Vekshin and Phil Mattingly

U.S. Senate Democrats failed to move toward a final vote on the financial-regulation bill amid resistance from both parties on parts of the sweeping overhaul of…

YouTube

Continue reading Investors Should Avoid Banks ‘At All Costs’: Meredith Whitney

Related reading:

The Small Business Credit Crunch
The Wall Street Journal (17 May 10)

Dan Whaley

May 15, 2010, Foellinger Auditorium

Thank you Curtis—administrators, esteemed professors, guests, parents… and thank you, Class of 2010.

Go ahead . . . make some noise!

Yes that’s…

By Tyler Durden

View Larger Chart

View Larger Chart<

Continue reading Libor Dispersion Surges, As SocGen, WestLB, Mizuho and Rabobank Flash Red Liquidity Warning Lights

By Gretchen Morgenson and Louise Story
“Questions have been raised that go to the heart of this institution’s most fundamental value: how we treat our clients.”
— Lloyd C. Blankfein, Goldman…

Kelly Cobiella reports that a CBS News team was threatened with arrest by Coast Guard officials in the Gulf of Mexico who said they were acting under the authority of British Petroleum.

US Coast Gu…

Formal German Central Bank Head Pöhl:

It [Greek Bailout] was about protecting German banks, but especially the French banks, from debt write offs. On the day that the rescue package was agreed on,…

By Egon von Greyerz, Matterhorn Asset Management

Already back in 2007 we warned about the very high risk of the CDS (credit default swap) market. This is now one of the primary instruments used by th…

By Alan Crawford and Shannon D. Harrington

Germany prohibited naked short- selling and speculating on European government bonds with credit-default swaps in an effort to calm the region’s financi…

By Ambrose Evans-Pritchard

Europe may have to clean up its own mess after all. The US Senate has voted 94:0 to block use of taxpayers’ money for IMF rescues that make no economic sense or bail-ou…

I have gotten several questions asking me to explain what is happening in Greece and what it means to us. Greece is being harvested. This is a global game and it has been going on for some time.

In 2…

View Larger Chart

Continue reading Money Supply Charts

View Larger Chart

View Larger Chart

Continue reading Now This Is A Deflationary Collapse

Facebook recently made a number of changes to its privacy policy that make your profile information public – even if you thought it wasn’t. Many people aren’t even aware of these changes. So we (Mov…

Confidential Report On TETRA Strictly For The Police Federation Of England and Wales

What is all this really about?

Imagine the field around a magnet and imagine ordinary everyday static electrici…

Gulf nations hope science will turn desert areas into arable land to boost food security and avoid the risks inherent in buying farmland abroad, industry insiders said Monday.

Farming in the Gulf b…

“A new earthquake” is what peasant farmer leader Chavannes Jean-Baptiste of the Peasant Movement of Papay (MPP) called the news that Monsanto will be donating 60,000 seed sacks (475 tons) of hyb…

I watched two documentaries this weekend about the growing challenges of our fresh water supply.

This is a very important topic, one that is hidden behind many of the squabbles going on in communit…

Join here:Ed Stein Free Online Comic Strip Library

Huge raucous crowds converged outside bank employees’ houses on Sunday afternoon to demand banks stop lobbying against Wall Street reform.

“Bank of America: bad for America!” shouted community lead…

Youtube

Related reading:

Math Wiz Adds Web Tools to Take Education to New Limits
PBS (22 Feb 10)

By Ambrose Evans-Pritchard

Just when you thought the EU could not go any further down the road towards authoritarian excess, it gets worse.

The outcome – un véritable gouvernement économique …

Continue reading Chart of the Day

YouTube

By Jack Farchy

At the Rand refinery in South Africa, the phone has not stopped ringing this week. Panicking German dealers and banks have been desperate to get their hands on krugerrands, the world…

By Robert Kropp

The impact on investors of the business operations of corporations has been receiving unprecedented attention lately, in the aftermath of charges by the Securities and Exchange Commis…

By ND, Dr. Synthia Andrews, Colin Andrews

I have tried on numerous occasions to sort out what the hullabaloo about 2012 is all about. A few months ago, I spent several hours in the jacuzzi reading …

China plans to expand settlements of international trade using yuan to as many as 18 more provinces and cities to meet rising demand from companies, two bankers involved in the program said.

Cross-…

YouTube

Interviewer:

What did you take away from the Goldman Sachs hearings?

Clinton: … [comments on Goldman Sachs/SEC lawsuit]

I think there’s a bigger problem here, which is that too much …

By Jonathan Weil

Score another triumph for the rigged- market theory.

In a feat that would seem to defy the odds, Goldman Sachs, JPMorgan Chase and Bank of America this week each said its trading de…

By Jim Dwyer

How angry is the world at Facebook for devouring every morsel of personal information we are willing to feed it?

A few months back, four geeky college students, living on pizza in a c…

By Jeff Rense

The two wise American farmers who presented their hay solution to dealing with the massive, burgeoning Gulf of Mexico oil slick are right on the money.

It’s doubtful they remember, b…

By Joshua Frank

Alfalfa is the fourth largest crop grown in the United States and Monsanto wants to control it. On April 27, the Supreme Court heard arguments in a case that could well write the fu…

YouTube

Continue reading Abu Dhabi Hotel Installs Gold Vending Machine

As the nation’s leading scientific resource for oil spills, NOAA has been on the scene of the Deepwater Horizon spill from the start, providing coordinated scientific weather and biological respon…

By the beginning of 2010, Schwarzenegger and the lawmakers had closed a 60 billion deficit partly by slashing spending on schools, temporarily raising taxes and borrowing from local governments.

The …

To the Governors of Louisiana, Texas, Mississippi, Alabama and Florida, their legislators and Attorneys General:

Please do not wait for BP and the federal government to protect your coast waters and …

YouTube

How about using the hay idea (below from CWRoberts) and other low tech ideas to help? Time for enlisting the fisherman and farmers on the Gulf for Plan B? It worked for the British at Dunk…

Continue reading CW Roberts Presentation

Related reading:

Two Wise American Farmers Are Right – Hay Should Begin To Move To The Gulf Immediately
14 May 10

Continue reading Depaving Portland

Related reading

Depaving Day!
StreetFilms

depave.org

By Takahiko Hyuga and Finbarr Flynn

Morgan Stanley Chief Executive Officer James Gorman denied allegations the U.S. bank misled investors about mortgage derivatives it sold them.

The firm is being…

Last night minutes after midnight, the WSJ announces that federal prosecutors are investigating Morgan Stanley. Morgan Stanley’s new CEO Jamie Gorman was in Tokyo. According to Gorman, this was new ne…

View Larger Chart

Continue reading The Ultimate Rejection Of The Euro

By Victorial McGrane and Michael R. Crittenden

The Senate adopted an amendment Tuesday to the financial-overhaul bill that would boost transparency of the Federal Reserve’s emergency lending actions …

YouTube

Related reading:

David Cameron Enters No10 as Prime Minister
ITN (12 May 10)

General Election 2010: Timeline of The Day David Cameron Became Prime Minister
Telegraph.co.uk (12 May 10)

View larger chart at USGS Earthquakes website

View larger chart at USGS Earthquakes website

Establishment date for HAARP: 1983

By Charles Abbott

Nearly 40 million Americans received food stamps — the latest in an ever-higher string of record enrollment that dates from December 2008 and the U.S. recession, according to a g…

.

Continue reading List of Countries By Life Expectancy
Wikipedia

Goldman Sachs Group, Inc. disclosed Monday that it has received notices of investigations from FINRA and from the United Kingdom Financial Services Authority regarding its subprime mortgage dealin…

Swine flu kept the world in suspense for almost a year. A massive vaccination campaign was mounted to put a stop to the anticipated pandemic. But, as it turned out, it was a relatively harmless strain…

By Tyler Durden

And now for today’s bombshell – literally at the very end of Moody’s 10-Q filed last night, we find this stunner:

On March 18, 2010, MIS received a “Wells Notice” from the Staff …

Did you know that Greece alone has 14 times as much gold per capita as China? Do you realize that your “PIGS” actually have the same amount of gold per capita as the US claims to still have? (PIGS=25 …

The United States reversed policy on Wednesday and said it would back launching talks on a treaty to regulate arms sales as long as the talks operated by consensus, a stance critics said gave every na…

By Michael Gray

Federal agents have launched parallel criminal and civil probes of JPMorgan Chase and its trading activity in the precious metals market, The Post has learned.

The probes are cente…

Continue reading U.S. Retirement Benefits To Be Cut?

Continue reading Campaign to Cut Entitlements Picking Up in U.S.

Did you notice they did not suggest finding out where the $4 trillion went…

Nashville Tennessee Flood 2010
YouTube (3 May 10)

By Alan Zibel

Fannie Mae has again asked taxpayers for more money — this time $8.4 billion — after reporting another steep loss for the first quarter. The taxpayer bill for rescuing Fannie and it…