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A single clause in Point 19 of the communiqué issued by the G20 leaders amounts to revolution in the global financial order.

“We have agreed to support a general SDR allocation which will inject …

The investment community was already suspicious last week when Secretary Timothy Geithner unveiled his plan, announcing that Treasury would select four or five companies as “fund managers” to purcha…

KANSAS CITY, Mo. (April 1, 2009) — America’s top economics bloggers—a diverse group of writers with wide-ranging intellectual and political vantage points—largely agree on one important issu…

This is the full version of the communique agreed by the G20 group in London today.

1. We, the Leaders of the Group of Twenty, met in London on 2 April 2009.

2. We face the greatest challenge to the…

One of the great mysteries is who controls, uses and really has access to the Department of Justice’s information and data systems. The idea of private corporations building and managing such systems…

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Max Keiser: ….they (Goldman Sachs, JP Morgan et al) are systematically undermining the entire system. They are creating a mechanism to carve out equity and capital for themselves at the expense of …

By Carolyn Betts

I am an attorney who was working in Washington with RTC during the S&L crisis, so I know something about “toxic asset” sales. I have been poking around the legal and contractin…

From The U.S. Department of the Treasury Press Room

Treasury Press Release
Fact Sheet (PDF)
White Paper and FAQs

Catherine’s comments on her Community Business segment on Flashpoints on how to …

With special thanks to one of our favorite sources, Jim Willie at Golden Jackass, here is a roundup of some of articles that indicate the growing challenges faced by pension funds.

Ever wonder why yo…

We have received many e-mails about the Food Safety Bills introduced in Congress. We share your concerns. One of our most trusted sources on food issues is the Weston A. Price Foundation. Here is thei…

Wikipedia on the Baltic Dry Index

“Securities and Exchange Commission Chairman Mary Schapiro warned yesterday that the agency will “make significant cuts in its current operations” this year unless Congress authorizes it to spend more…

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Find this map at: WhyMap.org

“You knew what the banks were doing and yet were touting it for months and months – the entire network was. And so now to pretend that this was some sort of crazy once in a lifetime tsunami that nobod…

To: The Wall Street Journal

Re: “The Fed Didn’t Cause the Housing Bubble”

By: Alan Greenspan, former Chairman of the Federal Reserve

Dated: Wednesday, March 11, 2009

Ladies and Gentlemen:

In hi…

Investigative Reporter Seymour Hersh Describes ‘Executive Assassination Ring’
Minnesota Post (11 March 09)

Catherine Austin Fitts speaking at the GoldRush 21 conference held in Dawson City, Yukon Canada on August 7-9 2005 – predicts current crisis and the importance of Main Street to real solutions.

Congress Saves on Online Contracts: Senate Makes Major Concession in Stripping Internet Posting Provision from Stimulus

Internet junkies and wonks alike may have jumped the gun in looking forward to …

This Kissinger image (by David Levine) is one of 320 illustrations—by 142 of the world’s most acclaimed contemporary artists – that The New York Times itself originally commissioned for its Op-Ed …

If the Administration wants to provide bailout relief, here is a simple solution. Waive taxes on 401ks and IRAs and allow Americans to withdraw all monies tax free so they can reinvest in real asset…

We thought we would dig out the data to update Bloomberg’s calculation of November 2008 that totaled the bank bailouts at $8.5 trillion.

Here is our list of additional commitments:

I. $750 Billi…

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“Believing that you could put together bad stuff with good stuff, mix it up, and make it great stuff, is the debauched, debased, phony belief system that brought down Wall Street.

Believing that you…

“I was standing there, about to put a dollar bill into a vending machine, and it hit me: I could use my dollar to buy a pack of gum or a package of mints, or else I could use my dollar to buy a shar…

The full page ad in Ruppert Murdoch’s Wall Street Journal for its “Future of Finance Initiative” starts off by saying that the financial system has stopped working.

I completely disagree.

The fina…

At its beginning, the ruling powers in Great Britain embarked on one of the most sustained efforts to destroy community life ever undertaken.

From 1770 to 1830 some 3,280 enclosure bills were passed …

The new budget tells the story. The U.S. government collects taxes from Americans and debt tithes globally and then gives the money to the banks and funds the military.

Proposed US Budget
Global Re…

The Progressive Review is one of the finest news sources around. It’s esteemed publisher is proof positive that not everyone who graduates from Harvard goes along with the game. Sam’s comments on le…

Mathematicians Discover the Largest Number
Consent of the Governed Blog (11 Feb 2009)

PALO ALTO, CA – An international mathematics research team announced today that they had discovered a new integ…

There is a Internet rumor that the U.S. has granted the Chinese the power of eminent domain if the U.S. defaults on its debt. This does indeed raise the question: “What is the U.S. giving the Chine…