I have called my representative, Rep. Marsha Blackburn to request that she vote against HR 2749 (The Food Safety Enhancement Act of 2009).

The Weston A. Price Foundation alert says as follows:

HR2…

Courtesy of Rob Kirby

Continue Reading US Government Orchestrates Market Moves

By Kristina Cooke

Frustrated by your spouse’s spending habits?

It might be why you married them, according to a working paper titled “Fatal (Fiscal) Attraction” by professors of the Wharton Scho…

By Stu Woo

Gov. Arnold Schwarzenegger on Tuesday signed a plan to close California’s $24 billion budget shortfall, after using his line-item veto powers to slash $500 million in spending in addition …

Memorandum to all Primary Dealers and Recipients of the Weekly Press Release on Dealer Positions and Transactions

The latest list reflects the following changes:

Effective July 27, 2009, Nomura Se…

Joel Salatin at Polyface Farm, Virginia.

“When was the last time you heard a group of parents bragging? Ever hear one say, “Well, you can have your doctors, lawyers, accountants and engineers. My ki…

Photo By Phil Ewing

By David Axe

“On several occasions the instruments gave reading of material objects moving at incredible speed,” a sub commander recalled. “Calculations showed speeds of a…

By Jason Leopold

Former Vice President Dick Cheney pressured President George W. Bush and other top administration officials to deploy US soldiers to a Buffalo, New York, suburb to arrest suspected t…

Gold in Sacks

By David Davis

When I read in the pages of this newspaper this month that the Conservative Party was planning to transfer people’s health data to Google, my heart sank. The policy described was so…

Chinese US Dollar

The dollar may be the focus of Chinese-U.S. talks starting in Washington today as China presses the Obama administration on how it will tame the fiscal deficit and protect the U.S…

By Peggy Noonan

This is big, what’s happening. President Obama appears to have misstepped on a major initiative and defining issue. He has misjudged the nation’s mood, which itself is news: He ro…

The L-Curve graph represents income, not wealth
If we divided the income of the US into thirds, we find that the top ten percent of the population gets a third, the next thirty percent gets another t…

Treasury’s is borrowing $235B in one week:

* 70-day CMB (7/24/09) $30B
* 13-week Bill (07/27/09) $32B
* 26-week Bill (07/27/09) $31B
* 19-year 6-month TIPS (07/27/09) $6B
* 52-week Bil…

I subscribe to The Kiplinger Letter. Among other things, I find it a predictor of the “official story” combined with a useful flow of tax and regulatory information.

This week, Kiplinger describes th…

By David Liechty

In 1863, Congress authorized the Treasury to receive “deposits of gold coin and bullion” in exchange for “certificates” payable on demand, having quasi-legal-tender status …

By Sam Smith

One of the clues that Obama was not who he professed to be during the campaign was his closeness to Harvard professor Cass Sunstein. When Obama appointed Sunstein to direct the White Hou…

By Richard Gray

By Ed Pilkington

The world is about to cross a demographic landmark of huge social and economic importance, with the proportion of the global population 65 and over set to outnumber…

By David Liechty

With irredeemable Greenbacks and precious metal coin circulating at identical legal, “dollar”, value (see Thompson v. Butler, 95 U.S. 694 at 696 (1878) , stating that “[a] co…

I believe one of the goals of the swine flu vaccine is depopulation. Perhaps it is the goal of a swine flu epidemic as well, whether bio-warfare or hype around a flu season.

These days, I keep rememb…

by F. William Engdahl

The US Secretary of Health and Human Services, Kathleen Sebelius, has just signed a decree granting vaccine makers total legal immunity from any lawsuits that result from any ne…

By Barry B. Burr

Pension fund fiduciaries under ERISA are “arguably required” to integrate environmental, social and corporate governance factors into their regular investment decision-making pro…

By James Howard Kunstler

The eulogy for Walter Cronkite as “the most trusted man in America” on the CBS “Sixty Minutes” show said a lot about the condition of this nation — though it did not signify…

By Arthur’s Baby Clipart

…from a vaccine-death case in the U.S. Vaccine Courts. Explains the physiological mechanism by which the MMR vaccine caused the child’s death, and how this same mechanism…

Illustration by S. Kambayashi

By Peter Brimelow

I’m amazed: Grousing about Goldman Sachs, and fury at the financial sector, is actually reaching the point where something might happen — maybe even…

Watch and learn people. This is how we do it ! Jon Stewart explains the great shape of our economy…

Jon Stewart Explains The Great Shape of Our Economy…
YouTube (17 July 09)

Hank Paulson’s testimony before the House Committee on Oversight and Government Reform last week was painful to watch. The hardest thing in the world is to look into the mirror and say “I’m the patsy….

By: Prison Planet

I started F. William Engdahl’s new book, “Full Spectrum Dominance: Totalitarian Democracy in the New World Order,” this weekend and literally could not put it down.

Engdahl begin…

Artist: Alberto Ruggieri

From BBC News

“From programmes involving large capital infusions into hundreds of financial institutions, to a mortgage modification programme, to public-private partnershi…

We posted this back in 2007, but thought it might be worth viewing again as we watch a parade of rich financiers insist that they are innocent of what has happened. A bubble this big is no accident, n…

Gov. Arnold Schwarzenegger and California legislative leaders Monday said they reached a compromise to close the state’s $26 billion budget shortfall.

Continue Reading California Budget Deal Closes $…

By Tim Mullaney

Venture capital investment fell 51 percent in the second quarter as firms coped with the recession and a drought in initial public offerings, bringing funding for startups to the l…

More information at Wikipedia . . .

Update:

Asia Darkens Under Long Solar Eclipse
Reuters (22 July 09)

By Rob Kirby

With the former Investment Banks being granted Commercial Banking status due to the unfolding financial crisis in late 2008, it was widely reported in the mainstream financial press th…

Shock: Inside the Healthcare Bill
EconomicPolicyJournal.com

“Following the mad recommendations of Peter Singer made in NYT’s Sunday magazine, it pays to take a look at what is actually in the healt…

Under current law, the federal budget is on an unsustainable path, because federal debt will continue to grow much faster than the economy over the long run. Although great uncertainty surrounds long-…

Public Roads

By: Ellen Dannin

On July 24, 2008, the Denver Post reported that Coloradans were shocked to learn that the private contractor that had leased the Northwest Parkway objected to road imp…

By Paul Craig Roberts

There is no economy left to recover. The US manufacturing economy was lost to offshoring and free trade ideology. It was replaced by a mythical “New Economy.”

The “New …

By Zachary Roth

So: is Steve Rattner stepping down as the Obama administration’s car czar because of the investigation into whether his private-equity fund used pay-to-play tactics to win business fr…

Under a broader definition of joblessness, some states have rates higher than 20 percent. This rate includes part-time workers who want to work full time, as well some people who want to work but have…

AnimalFarm

This morning, hundreds of Amazon Kindle owners awoke to discover that books by a certain famous author had mysteriously disappeared from their e-book readers. These were books that they h…

Japan has again shown off one of its greatest innovations – square watermelons. For years consumers struggled to fit the large round fruit in their refrigerators. And then there was the problem of t…

“Walter Leland Cronkite, Jr. (November 4, 1916 – July 17, 2009) was an American broadcast journalist, best known as anchorman for the CBS Evening News for 19 years (1962–81). During the heyday o…

Goldman Sachs, the nation’s most powerful financial company, has reported the richest quarterly profit in its 140-year history: $3.44 billion between April and June. Goldman’s record profits com…

By David Liechty

In 1861, as the Civil War began, gold and silver coin remained the only national currency, while private-issued fractional-reserve bank notes, redeemable in coin, remained the majo…

At Zerohedge.com

The nation’s largest public pension fund has filed suit in California state court in connection with $1 billion in losses that it says were caused by “wildly inaccurate” credit ratings from the …

British Courtroom

By Tyler Durden

While momentum chasers in America quarrel over worthless data points and whether some trading desk bought an additional 20 PCs with Intel’s brand spanking new i7 C…

By David Liechty

Gold and silver coin conforming to the Act of 1792 formed the basis of the US monetary system for over seventy years. Certain foreign coin, including Spanish dollars, was also all…

Photo: M and Y

Hummingbird: Experts say birds are seen as messengers of the gods so this could be a message from beyond our world.

A crop circle depicting a 300ft-long hummingbird has appeared in a…

Photo:  Swiss Guards serve as the Pope’s bodyguards.

On June 3, the Italians seize $134.5 billion in US Treasuries (maybe fake, maybe not) from two Japanese on the Swiss-Italian border. Under th…

Learn more about Kyle Thiermann and Claim Your Change here.

The Bohemian Grove is a private meeting north of San Francisco along the Russian River that occurs for several weeks each July.

“The Bohemian club! Did you say Bohemian club? That’s where all those…

July 10, 2009

Bill Moyers: Welcome to the Journal.

The biggest medical drama on our TV screens this summer is not reruns of “House” or “Grey’s Anatomy.” It’s a high stakes, life and death spectacle …

When the Swiss bank UBS and federal prosecutors face off in a Florida courtroom on Monday, the focus will be whether UBS must disclose the identities of thousands of its American clients, but much mo…

Charity in truth, to which Jesus Christ bore witness by his earthly life and especially by his death and resurrection, is the principal driving force behind the authentic development of every person a…

Mohammed Bah Abba made a really cool invention, which won a Rolex Award of $100,000 –a refrigerator than runs without electricity. Here’s how it works. You take a smaller pot and put it inside a la…

Photo: Reuters
Saturday’s scheduled lift-off was expected to be delayed by more than 24 hours after the major electrical storm that struck near the Kennedy Space Centre in Florida. Continue Reading E…

By Franklin Sanders

The fact is, gold bugs (with their blind, monomaniacal devotion to gold) miss the point. They are so ideologically wedded to the yellow metal that they overlook both history an…

Homeless In Tent City, USA
It’s a sweltering summer afternoon, and the children are hot and miserable in the tent that’s been their home since they lost their house last month.
“You feel about as sma…

By: Jennifer Barry

China now has the fifth largest official gold reserve, 1,054 metric tons, surpassing Switzerland. While this was a 76% jump in gold holdings, the yellow metal is still only 1.6% …

By Terrence Keeley

The lessons of the past year for central bank reserve managers – overseers of $7,000bn in foreign exchange assets, four times the amount managed by their flashier cousins, the so…

By Mike “Mish” Shedlock

Look at the average age of baggers in grocery stores or greeters at Walmart. These people are not working because they want to; they are working because they have to. Demand…

By Brian Parkin and Dune Lawrence

Leaders of the world’s biggest developed and emerging nations avoided a debate over the dollar’s role in the global economy as they agreed not to devalue their…

By Maggie Fox

The U.S. government will pay for any vaccination program against the H1N1 swine flu, and may encourage schools to help vaccinate children, Health and Human Services Secretary Kathleen …

US Secretary of the Treasury Geithner & Goldman Sachs

Max Keiser: “Does the US Secretary of the Treasury work for the people or does he work for the banking system on Wall Street?”

Former Assi…

By Jonathan Weil

Never let it be said that the Justice Department can’t move quickly when it gets a hot tip about an alleged crime at a Wall Street bank. It does help, though, if the party doing …

By Ourtownnews

The Governor of New York just appointed Richard “Dick” Ravitch to serve as his lieutenant governor.

I served as the Dillon Read officer responsible for our senior underwriting resp…