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Economic and political elites meeting this week at the Swiss resort of Davos will be asked to urgently find ways to reform a capitalist system that has been described as “outdated and crumbling.”

“…

By Simon Black

With over 150 million registered users, the file sharing site MegaUpload.com is one of the most popular on the Internet. At least, it was.

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By Secrecy News
From the Federation of Scientists Project on Government Secrecy

The Joint Chiefs of Staff have produced updated doctrine on intelligence support to military operations.  The new do…

Six million people are under correctional supervision in the U.S.—more than were in Stalin’s gulags. Photograph by Steve Liss.

By Adam Gopnik

A prison is a trap for catching time. Good reportin…

Illustrations by Tom Garrett

Source: December 2011 Consumer Reports Magazine.

Americans spent $80.2 billion on seafood last year, $5 billion more than in 2009, but they aren’t always buying what th…

By Yves Smith

Obama’s latest housing market chicanery should come as no surprise. As we discuss below, he will use the State of the Union address to announce a mortgage “settlement” by Federa…

By Catherine Austin Fitts

I’ve had a wonderful time in Montana.

The Solari team got lots accomplished. We’ve enjoyed some beautiful snow storms, so the snowboarders and skiers are happy! Best of…

By: Chris Powell, Secretary/Treasurer, GATA

Remarks by Chris Powell
Secretary/Treasurer, Gold Anti-Trust Action Committee Inc.
Vancouver Resource Investment Conference
Vancouver Convention Center W…

By Jesus Diaz

UC Berkeley scientists have developed a system to capture visual activity in human brains and reconstruct it as digital video clips.

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YouTube
(21 Jan 12)

The Kenguru electric vehicle designed to be driven in a wheelchair

The first Kenguru—the small, yellow electric vehicle designed to be driven in a wheelchair—was unveiled Thursday in Pflugerville…

Left to right: Bram Van der Kolk, Mathias Ortmann, Fin Batato and Kim Dotcom in court today.

By Kirsty Johnston

Website Megaupload.com, which was shut down by authorities over allegations that it …

Dear Ms. Fitts,

Thank you for taking the time to contact my office regarding S.968, the ‘Preventing Real Online Threats to Economics Creativity and Theft of Intellectual Property Act of 2011,’ or PRO…

YouTube
(18 Jan 12)

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Source: Reuters

General Motors Co reclaimed its title as the world’s top selling automaker for the first time since 2007, after sales of more than 9 millio…

U.S. Rep. Marcy Kaptur, D-Toledo, and U.S. Rep. Dennis Kucinich, D-Cleveland

By Bill Rice

Rep. Dennis Kucinich is most in his element when he’s fighting against social injustice.

Wherever he sees a…

By David Kravets

The House version of the Stop Online Piracy Act, the proposed anti-piracy legislation that drew a planned and widespread internet revolt Wednesday, is likely to undergo a radical ov…

President Obama just signed the National Defense Authorization Act into law despite startling provisions that will allow the military to indefinitely detain American citizens.  It’s a travesty, def…

Catherine Austin Fitts will speak during several stops.

Source: Mail Tribune

Project Rogue Valley will host financial expert Catherine Austin Fitts Jan. 26 and 27. Fitts, a former senior partner a…

Note from Catherine: We have been informed that Paypal has frozen Sheriff Richard Mack’s accounts. We are asking for prayers for all concerned. Here is the report:

PayPal froze funds ($40,000+) don…

US ambassador Alan Solomont wrote: ‘[Spain] has unfortunately failed to finish the job for political reasons, to the detriment of the reputation and economy of Spain’ Photograph: Juan Medina/Reuters

…

By Catherine Austin Fitts

As you can see from the posters at the top of our blog, we are supporting the blackout promoted by Wikipedia against SOPA and PIPA.

I have contacted Senator Bob Corker an…

Photo by Kirsty Wigglesworth – WPA Pool/Getty Images

Jimmy Wales, founder of Wikipedia, announced on Twitter Monday that the popular site would go dark in protest of SOPA and PIPA, two controversial …

New research shows that when we eat we’re consuming more than just vitamins and protein. Our bodies are absorbing information, or microRNA.

By Ari LeVaux

Update 1/12: Thanks to science and biology…

Continue reading the article . . .

By Chris Hedges

Attorneys Carl J. Mayer and Bruce I. Afran filed a complaint Friday in the Southern U.S. District Court in New York City on my behalf as a plaintiff against Barack Obama and Secreta…

By Emelia Sithole-Matarise and Anirban Nag

Greece will default shortly on its debt obligations, a senior Standard & Poor’s official told Bloomberg Television on Monday.

“Greece will default very …

Source: Bloomberg

View Interactive Stock Chart

Source: Wegelin & CO. Investment Commentary No. 280

1. History tells stories

It may be in the nature of the way we deal with crises, and are ultimately able to overcome them, that we need to …

M.I.T.’s Simmons Hall

By James Marshall Crotty

For Wall Street Occupiers or other decriers of the “social injustice” of college tuition, here’s a curveball bound to scramble your worldview: a to…

Continue reading the article . . .

By Ellen Brown

Neither rain nor sleet nor snow may have stopped the Pony Express, but the nation’s oldest and second largest employer is now under attack.  Claiming the Postal Service is bankrup…

YouTube
(10 Jan 12)

Related reading:

Stratfor Back Online After Cyberhack
abc News (11 Jan 12)

By Michael E. Salla, Ph.D.

Ron’s Paul’s strong second place finish in New Hampshire’s Presidential Primary greatly raises his prospects in the Republican Presidential race, and will lead to m…

By Sam Smith

Since 1989, we have occasionally published a guide to getting through the crummy era that we are still in. In 2003, we intially noted that the First American Republic was over. Last year…

Source: Thomson Reuters

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As we start 2012 with all of the promise that it brings for transformation, let’s take a look back at some of the amazing films or 2011 that brought us to this point.  The results of the voting ar…

By The Associated Press

The Food and Drug Administration is warning patients about a potential mix-up between powerful prescription pain drugs and common over-the-counter medications made at a Novart…

By Corinne Gretler

Stocks in Switzerland (SMI) dropped as the Swiss National Bank President Philipp Hildebrand resigned after a currency purchase by his wife last year became controversial.

Novart…

Wegelin & Co one of last pure Swiss private banks
Negotiations at critical stage in Wegelin case
Investigations shake Swiss banking secrecy tradition

By Lynnley Browning

U.S. author…

Aristotle’s Politics Book V and VI

By Michael Hudson

Book V of Aristotle’s Politics describes the eternal transition of oligarchies making themselves into hereditary aristocracies – which end…

By Tyler Durden

Curious how the US, on a state by state basis, stacks up against the rest of the world, in terms of economic (and population) prowess? The following interactive graphic from the Econo…

By Gregor Macdonald

2011 was an abysmal year for the global insurance industry, which had to cover yet another enormous increase in damages from natural disasters. Unknown to most casual observers…

As state-backed firms once again become forces in global business, we ask what they can learn from the greatest of them all.

By The Economist

A POPULAR parlour game among historians is debating wh…

By Clare Chapman

A 25-year-old waitress who turned down a job providing “sexual services” at a brothel in Berlin faces possible cuts to her unemployment benefit under laws introduced this year.

P…

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The Georgia Election Code (the “Code”) mandates that “[e]very candidate for federal and state office who is certified by the state executive committee of a political party or who files a notice of can…

By jturbin

The latest Fed minutes, a recap of the December 2011 Federal Open Market Committee (FOMC) meeting, revealed that the U.S. central bank is making several noteworthy changes to the manner …

By Doug Short

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Reductions are expected in the program for the F-35 fighter jet.

By Elisabeth Bumiller and Thom Shanker

Washington — Defense Secretary Leon E. Panetta is set this week to reveal his strategy that …

A man walks on a container at a shipping terminal in Tokyo on Dec. 21, 2011.
Photographer: Tomohiro Ohsumi/Bloomberg

By Keith Jenkins and Anchalee Worrachate

Governments of the world’s leading eco…

By Staff Report

The Daily Bell is pleased to publish an interview with financial advisor Catherine Austin Fitts.

Continue reading the article . . .

The Austrian School, and Who’s “Really”…

By Steven Rosenfeld

Montana’s Supreme Court has issued a stunning rebuke to the U.S. Supreme Court’s Citizens United decision in 2010 that infamously decreed corporations had constitutional r…

By Scott Barber

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By Robin Wigglesworth in London

Almost $6.3 trillion was erased from global stock markets this year as the euro zone financial crisis reverberated across the world in the latter half of 2011, calli…

By Peter J. Wallison

Peter Wallison has published his Dissent from the Majority Report of the Financial Crisis Inquiry Commission. It’s a must read for those of us interested in the financial crisi…

By David B. Collum

Precious metals were in a Utopian bull market for almost a decade. The early bulls lounged poolside, taking the occasional dip and enjoying returns in the high teens. It was a leis…

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The Great Culling
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A discourse by Markandeya in the Mahabharata  identifies some of the attributes of Kali Yuga:

In relation to rulers

Rulers will become unreasonable: they will levy taxes unfairly.
Rulers will …