Christopher Paton, who runs JPMorgan Chase & Co.’s public-sector benefit payments business, talks with Bloomberg’s Margaret Brennan about trends in food-stamp use in the U.S.

Click to View Vide…

By Hugh Son

Timothy Geithner was asked to testify before Congress about the Federal Reserve Bank of New York’s efforts to limit American International Group Inc.’s disclosures of bailout paymen…

By Tyler Durden

The latest observation on our depressing economic reality, behind the glitzy headlines and the 3D TV screens, comes from Bloomberg’s Jonathan Weil who rightfully asks “if AIG execut…

Smartdust is a hypothetical wireless network of tiny microelectromechanical sensors (MEMS), robots, or devices, that can detect (for example) light, temperature, or vibration.

A typical applic…

Continue reading Sugar: The Bitter Truth
YouTube (30 July 09)

Reginald H. Howe, partner in Golden Sextant Advisors and litigator in the first gold price-fixing case, Howe vs. Bank for International Settlements, has just analyzed the latest precious metals deri…

Continue reading How Will The Economy Recover With Lending Shrinking Like This?

By Catherine Austin Fitts

I would like to propose a contrary theory to the dire views of those looking behind the veil of recent economic statistics.

First, if you look at the amount of mone…

Continue reading The Decline: The Geography of a Recession

Continue reading Video Dispatch: The Year Ahead in East Asia

Continue reading Video Dispatch: The Year Ahead for Russia

By John Crudele

The charade continues this Friday.

That’s when the Labor Department will announce how many jobs it claims were lost in the US economy during December.

The number is essentially wo…

By Omar R. Valdimarsson and Tasneem Brogger

Iceland will hold a referendum on a depositor accord with the U.K. and Netherlands after President Olafur R. Grimsson blocked the bill in a move that…

By Robert K. Landis

On October 16, 1929, Irving Fisher, Professor of Economics at Yale University, made a famous prediction: “Stock prices have reached what looks like a permanently high plateau…

By F. William Engdahl

On December 25 US authorities arrested a Nigerian named Abdulmutallab aboard a Northwest Airlines flight from Amsterdam to Detroit on charges of having tried to blow up t…

“At the height of the Great Depression, a group of unemployed Oakland workers decided to take matters into their own hands. The system wasn’t working, so they set up their own system. Money was ne…

With his new commentary today, GoldMoney founder, Free Gold Money Report editor, and GATA consultant James Turk celebrates the spectacular performance of gold and silver in 2009. Turk reports that g…

By Bob Carlson

Precious-metals sellers could face a bigger tax bite than they expect.

Investors have been pouring money into exchange-traded funds that buy gold and silver, and that has helped p…

By Tyler Durden

When Henry Paulson publishes his long-awaited memoirs, the one section that will be of most interest to readers, will be the former Goldmanite and Secretary of the Treasury’s recoll…

The global high-low on unemployment is South Africa with a 24.5% unemployment rate and Thailand at 1.2%. On GDP, China is up 8.2% and Latvia is down with -16.9%.

For the full chart from the Decembe…

“The greatest strength of America is that people want to live there.”

Continue reading A Ponzi Scheme That Works

By Larry O’Connor

In 1983, President Ronald Reagan issued an Executive Order which gave permission to the International Criminal Police Organization (INTERPOL) to operate within the boundaries of …

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Continue reading US Avoids Technical Default By Three Days

By Hugh Son

The Federal Reserve Bank of New York, then led by Timothy Geithner, told American International Group Inc. to withhold details from the public about the bailed-out insurer’s payme…

Continue reading How The Government Payroll Replaced Goods Producing Jobs

The Weston A. Price Foundation has produced an action alert regarding the Senate Food Safety Bill.

From their newsletter (available only to subscribers):

Start the New Year off right, by t…

Continue reading Shunning the Banksters – Catherine Austin Fitts on Economics 101

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Continue reading Is The Government Misrepresenting Unemployment By 32%?

By Jason Leopold

A federal judge in Washington, DC on Thursday dismissed criminal charges against five Blackwater guards involved in the massacre of 14 Iraqi civilians in Baghdad in September 2007,…

What if Jesus where a stock picker?

It’s a question more investors seem to be asking these days. At a time when investors’ confidence in the markets has been shaken—even after the big rally of …

By Jonathan Stempel

NEW YORK (Reuters) – Morgan Stanley (MS.N) has been sued by a Virgin Islands pension fund that accused the Wall Street bank of defrauding investors by marketing $1.2 billion (753…

By Ambrose Evans-Pritchard

“We’re seeing the rise of the East, but I don’t think we’re seeing the fall of the West. China and the Middle East are for the most part massively short of food and w…

As we move into the new year and 2010 forecast after forecast hits the Street, invariably the “mountain of money on the sidelines” argument is being put forth by more than a good number of Street …

Continue reading Government Bonds Were The Dumbest Bet Of The Year

By F. William Engdahl

The Council of Europe member states will launch an inquiry in January 2010 on the influence of the pharmaceutical companies on the global swine flu campaign, focusing especial…

GATA Press Release via Business Wire

GATA Sues Federal Reserve to Disclose Gold Market Intervention Records
Wednesday, December 30, 2009

The Gold Anti-Trust Action Committee Inc. today brought …

The Gold Anti-Trust Action Committee Inc. today brought suit against the U.S. Federal Reserve Board, seeking a court order for disclosure of the central bank’s records of its surreptitious market …

Continue reading American Faust From Condi to Neo-Condi

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By Michael Flaherty

Russia’s UC RUSAL moved closer to its planned $2.6 billion Hong Kong initial public offering by unveiling key details as it aims to raise cash to repay $14.9 billion in debt.

A…

by Jon Rappoport

I’m offering an experimental hypothesis here, based on how markets work. I’m talking about trading markets—stocks, commodities.

As you know, the (false) science of climate …

Continue viewing The Power of Community: How Cuba Survived Peak Oil

A directed-energy weapon (DEW) is a type of weapon that emits energy in an aimed direction without the means of a projectile. It transfers energy to a target for a desired effect. Some of these weap…

Nobel Prize-winning economist Joseph Stiglitz warned there’s a “significant” chance the U.S. economy will contract in the second half of next year, and urged the government to prepare a second stimu…

By Joe Weisenthal

Continue reading Chart of The Day: Subprime Delinquencies Continue To Soar

The New York Times reports investigators in the U.S. Congress at the Securities and Exchange Commission and at the Financial Industry Regulatory Authority have launched probes into Goldman Sachs and o…

The Federal Reserve proposed offering banks the opportunity to park their money at the central bank in “term deposits,” which would pay interest. The move would help the Fed soak up some of the liqui…

Continue reading Move Your Money

By William Grigg

The RAND Corporation, one of the most fecund research arms of the Military-Industrial-Homeland Security Complex, has released a study entitled A Stability Police Force for the Uni…

By Walter Pincus

The aim was also to save money, but last year Congress reported that contract employees were each costing the government an average of $250,000 annually, an amount far in excess of…

Continue reading Social Media ROI: Socialnomics

Israel’s ambassadors and consuls generals from all over the world have been summoned to attend a conference to be held over global challenges facing Israel.

The meeting to be attended in Jerusalem …

(Chart By Tyler Durden)

By John Glover

Investors who bought gold or commodities at the beginning of the decade should have tripled their money by the time the ball drops in New York’s Times Squar…

Lawrence Wilkerson is a retired United States Army soldier and former chief of staff to United States Secretary of State Colin Powell. Wilkerson is an adjunct professor at the College of William &am…

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In other business news, the Washington Post reports many top executives at the bailed-out insurance giant AIG have reneged on promises to pay back part of their large bonuses. Earlier this year, out…

Two-thirds of U.S. companies don’t expect their employment to return to pre-recession levels until 2011 or later.

That prediction was one slice of data from a new quarterly survey of 1,431 chief fi…

By Dwight Jones

The announcement by the United Nations this week that it will license the minting of silver and gold bullion coins bearing the UN logo may be the button that launches metal prices i…

By Fionnan Sheahan

Shoppers and businesses will be using more plastic and less paper money quite soon under a new Government plan to reduce the amount of hard cash in circulation.

A task force wil…

By Sam Pizzigati

Has picking a year’s greediest “top ten” ever been easier? We don’t think so. We could, this year, fill an entire top ten just with bankers from Goldman Sachs — or JP Morgan Chase…

By Suzanne Daly

On a warm October morning, Michael Carnacchi stands respectfully in the Sonoma County Civil Court as his case, Carnacchi v. Citibank, is called. A boot maker by trade, on this day he…