By Brian K. Sullivan and Lynn Doan

Dozens of unusually strong tornadoes cut a path across five states in the U.S. Midwest and South, smashing houses and damaging schools. A least 15 people were ki…

Source : Reuters

Morgan Stanley said it will have to post another USD 6.52 billion in collateral to counterparties and clearinghouses if Moody’s follows through on a warning that it might cut the Wa…

By Brock Vergakis

A super-powerful gun that shoots rounds more than 160 kilometres away — at several times the speed of sound — is being developed for Navy warships.

Hi Catherine

I’m a home owner in California. My wife and I are trying to refinance our house. Since the housing market has collapse right after we have purchased our home, the value has gone down…

In the heart of Seattle, a public park is planned like no other: an urban food forest that is free for the plucking!

By Michael Ricciardi

Due to its mild temperatures and routinely wet climate, Seat…

[CAF Note: Your data is in the clouds. NO PRIVACY! Good luck with this…]

By David Pogue

You’re probably paying something like $60 a month for high-speed Internet. I’m paying $5 a month, and …

By Ken Murray

Years ago, Charlie, a highly respected orthopedist and a mentor of mine, found a lump in his stomach. It was diagnosed as pancreatic cancer by one of the best surgeons in the country,…

By Jeremy Pelzer

Cheyenne — State representatives on Friday advanced legislation to launch a study into what Wyoming should do in the event of a complete economic or political collapse in the Uni…

By Tyler Durden

“…they [ECB] can exempt themselves from a “collective action clause” then they can exempt themselves from any clause, in any sovereign indenture, for any European country. The fact …

By Peter Delevett

Maybe they should start calling it Software Valley.
Venture capitalists, who provide much of the funding that keeps startups growing, poured twice as much money into software comp…

By Dr. Mercola

Agent Orange, produced by both Monsanto and Dow Chemicals, was used to defoliate jungles during the Vietnam War.

During that time, millions of gallons of the toxic chemical mixture we…

* The Solari Gold Star signifies a “must read” article.

“When 100 million shares are borrowed on a single day and then returned on a single day, the evidence that this is a concerted action is hard…

By Staff Writers

A new technique inspired by elegant pop-up books and origami will soon allow clones of robotic insects to be mass-produced by the sheet. Devised by engineers at Harvard, the ingeni…

By Jenny Anderson

More than three months after a 14-year-old girl was kicked in the head and severely injured by fellow students at the Brearley School’s Halloween event, the school has concluded…

Image Credit: Bloomberg

Move would sever regime’s financial lifeline

By Gulf News

Brussels: A financial clearinghouse used by virtually every country and major corporation in the world agreed on F…

Photo: PA

The world’s first test tube hamburger will be served up this October after scientists perfected the art of growing beef in the lab.

By Nick Collins

By generating strips of meat from stem…

That always could be a pretty good way of liquidating the national debt — repudiate the bonds as forgeries.

– Chris Powell
Potenza, Italy — Italian police said toay they had seized about $6 trilli…

By: David Dayen

The Administration’s FY 2013 budget predicts a large shortfall for the Federal Housing Administration, which has predictably suffered during the housing crisis. But the FHA’s Acti…

From Wikipedia

Gary McKinnon (born 10 February 1966) is a Scottish systems administrator and hacker who has been accused of what one U.S. prosecutor claims is the “biggest military computer hack …

By Matthew Leising and Agnieszka Troszkiewicz

CME Group Inc. (CME) has made a bid for the London Metal Exchange as the world’s largest metals futures market plans a meeting next week to consider …

By Sid Perkins

The average American uses enough water each year to fill an Olympic-sized swimming pool, and global agriculture consumes a whopping 92% of all fresh water used annually. Those are th…

News Release
February 8, 2012

STATUS UPDATE FROM THE OFFICE OF JAMES W. GIDDENS, TRUSTEE FOR THE LIQUIDATION OF MF GLOBAL INC., CONCERNING THE TRUSTEE’S INVESTIGATION

HIGHLIGHTS

Trustee’s summary…

My comments on settlement summary

Carolyn A. Betts

Click to read notes

Related reading:

Settlement Executive Summary (PDF)
atg.wa.gov

National Mortgage Settlement: Bank Forecloses Even As Carri…

By msnbc.com staff and NBC News

Emery’s 5 & 10 is believed to be oldest family-owned five-and-dime store in the U.S. But the store is struggling, the victim — like its neighboring businesses — of…

Related reading:

Marjane Satrapi
Wikipedia

Marjane Satrapi – Books
The Guardian

Book LIst
Random House

You may post questions or comments for Catherine at the bottom of this blog post (click…

The share of Americans’ income that comes from government benefit programs, like Medicare, Medicaid and Social Security, more than doubled over the last four decades, rising from 8 percent in 1969 t…

Singer, songwriter and American poet Willie Nelson.

By Jane Ayers, Nation of Change

Little did Willie Nelson know when he recorded “Crazy” years ago just how crazy it would become for our cherished …

Here was the real face of the Greek people: workers and students, …

By Andrew Lilico

Over the weekend, the Greek parliament voted to accept Europe’s latest demands for spending cuts and tax rise…

By Robert Friedman, William Ahearn
With assistance from Elena Logutenkova in Zurich.

The biggest U.S. banks captured the highest share of global trading revenue in at least two years as their count…

Dr. Allan LaReau in Michigan stops treating families who refuse to vaccinate their children. ‘You feel badly about losing a nice family,’ he says.

By Shirley S. Wang

Pediatricians fed up with parent…

By LJ Goes

I just put my son Noah to bed. His brother and sister went into his room and showered him with kisses. Then I tucked him in. It went like this.

Me:  Good Night Buddy, I love you.

Noah…

[click on the image for a larger version]

You may post questions or comments for Catherine at the bottom of this blog post (click on blog post title above, this will take you to the page to view…

By Jessica E. Vascellaro

Silicon Valley start-ups are trying to re-create the milkman.

A host of new tech companies are creating ways to buy food directly from local food producers, cutting out gr…

By Noah Feldman

U.S. Supreme Court Justice Felix Frankfurter had a close shave with public embarrassment recently — which might seem impossible for a man who has been dead for almost 33 years.

H…

By Jackie Calmes

Washington — President Obama’s final budget request of his term amounts to his agenda for a desired second term, with tax increases on the affluent and cuts in spending, especi…

By Stephen Dinan

“I can’t believe in 2012 the federal government is raiding Amish farmers at gunpoint all over a basic human right to eat natural food,” said one, who asked not to be named but who …

By Jeff Horwitz and Kate Davidson

More than a day after the announcement of a mammoth national mortgage servicing settlement, the actual terms of the deal still aren’t public. The website created f…

[click on the image for a larger version]

Each star is a US base…

Continue reading the article . . .

The Daily News looks back at her remarkable life and career. Here, she performs at Madison Square Garden on September 1987.

Related reading:

Whitney Houston
Wikipedia

Whitney Houston – I Will Alw…

By Reuters

Greece’s largest police union has threatened to issue arrest warrants for officials from the country’s European Union and International Monetary Fund lenders for demanding deeply unpopul…

By Charles Hugh Smith

Gasoline deliveries reflect recession and growth. The recent drop in retail gasoline deliveries is signalling a sharp contraction ahead.

Mish recently posted some intriguing ch…

By Carolyn A. Betts, Esq.

Who Is Participating

By now you have heard that the attorneys general of all US states, save Oklahoma, have entered into a national federal/state settlement with the follo…

A subordinate certifcate issued by Trustwave was used to monitor people accessing SSL-protected services on a customer’s internal network
By Dan Goodin

The so-called subordinate root certificate all…

Barack Obama (D-Ill)
 
Net Worth: From $2,802,012 to $11,830,000
 
Assets: 8 totaling $2,802,012 to $11,830,000
 
Income: 5 totaling $358,334

Personal finance profiles of …

Personal finance profiles of recent years view here.

Bank of America page 71

Willard M. Romney – 2011 Tax Return

Related reading:

Wall Street Investing in Romney
The Washington Post (20 July 11…

Washington — Attorney General Lisa Madigan today joined with her counterparts in other states and the federal government to announce a $25 billion settlement with the nation’s five largest bank …

By Beth Buczynski

In what may be the most damaging blow to Big Banks since the overwhelming success of Bank Transfer Day in late 2011, the City of Berkeley recently announced its intention to withd…

By Mary Beth Franklin

American retirement security now ranks as a top concern of the White House, right up there with unemployment and the federal budget deficit. In a joint announcement Thursday, …

By Mark Hulbert

CHAPEL HILL, N.C. (MarketWatch) — Corporate insiders are now selling their companies’ stock at a rate not seen since late last July.

That’s a scary parallel indeed, since that …

YouTube

The SEC aims to stabilize the $2.7 trillion money-market fund industry, but critics say rules would cut returns, Andrew Ackerman reports on Markets Hub.

By Andrew Ackerman and Kirsten Grin…

(Credit: LayerWise)

The transplant demonstrates that precision 3D printing can be effective for both bones and organ implants.

By Martin Lamonica

An elderly woman has received a replacement titani…

[click on the image for a larger version]

By Bloomberg

Continue reading the article . . .

By Adam Liptak

Washington — The Constitution has seen better days.

Sure, it is the nation’s founding document and sacred text. And it is the oldest written national constitution still in force…

By Lori Andrews

Last week, Facebook filed documents with the government that will allow it to sell shares of stock to the public. It is estimated to be worth at least $75 billion. But unlike other …

By Diane Lorence

The following photographs are of our home in the mountains of northern California. The house was designed by my husband, Michael Anthony Lorence, who is a private confidant to peop…

By Mandi Woodruff

Finally, we’ve got some cold, hard stats on how badly banks are hurting from November’s Bank Transfer Day  movement.

A new report by Javelin Strategy & Research estimates a st…

View Indictment

By Lynnley Browning

The United States indicted Wegelin, the oldest Swiss private bank, on charges that it enabled wealthy Americans to evade taxes on at least $1.2 billion hidden in …

By The Telegraph

United States Defense Secretary Leon Panetta believes there is a growing possibility Israel will attack Iran as early as April to stop Tehran from building a nuclear bomb, accordin…

(photo: Advocacy for Animals – Britannica)

By Will Potter, Jurist

A recent undercover investigation into one of the nation’s largest egg producers, Sparboe Farms, documented hens mangled in cage wi…

By Catherine Austin Fitts

At Solari, we watch our vendor and financial accounts like a hawk. We find it is the only way to stop a contagion of mistakes, frauds and scams that just keep growing throug…

The “lead left” bank leads the IPO underwriting process — its name in the upper-left-hand corner of the actual prospectus — and typically receives higher fees than the other banks in the syn…

By Jeffrey M. Jones

In 10 states plus the District of Columbia, a majority of residents approved of the job Barack Obama was doing as president last year, according to aggregated data from 2011. His …

By Yahoo Finance

The European Union on Wednesday blocked the Deutsche Boerse’s planned merger with NYSE Euronext, a $10 billion deal that would have created the world’s largest financial exchange ope…

By Bruce Krasting

The Congressional Budget Office (CBO) is out with its annual report. It’s a blockbuster. This 165 page monster is filled with dozens of charts, graphs and detailed projections…

Having received another repayment, I just made my next loan at Kiva.org to a group of entrepreneurs in Padre de las Casas a community in southern Chile.
 
 

In this Group: Cristina, Sandra…

Photo by M. Baraka

Catherine will report on her events in Oregon on this week’s Solari Report.

Related reaing:

Catherine Austin Fitts In Your Neighborhood
(28 Jan 12)

Solari Report Blog Commentar…

Three breakthroughs are poised to transform this century as much as telephony and electricity did the last.

By Mark P. Mills and Julio M. Ottino

In January 1912, the United States emerged from a t…

 
By Reuters
 
Clients pulled some 4 bln Sfr of wealth in short time
 
Ex-UBS CEO Gruebel: More US attacks on Swiss banks likely
 
Gruebel: Solution to US tax row will likely …

By CNN’s Josh Levs

The U.S. Defense Department cannot account for about $2 billion it was given to cover Iraq-related expenses and is not providing Iraq with a complete list of U.S.-funded reconstru…

By Scott Patterson and Aaron Lucchetti

Nearly three months after MF Global Holdings Ltd. collapsed, officials hunting for an estimated $1.2 billion in missing customer money increasingly believe th…

Youth Unemployment Across Europe %

[click on the image for a larger version]

Continue reading the article . . .

By Joe Weisenthal

[click on the image for a larger version]

Continue reading the article . . .

By Emily

A Greek scientific study led by Adamantia Fragopoulou and Lukas Margaritis has demonstrated important protein changes in the brain of animals following whole body exposure to RF electromag…

Strategic initiatives to protect yourself from security breaches

By Rick Holland

Last week I did a webcast, Planning for Failure, which makes the assumption that if you haven’t been breached, it i…

By Ryan Lizza – The New Yorker 23 Jan 12

In a piece this week on Barack Obama’s shift from idealism to pragmatism, I describe an important fifty-seven-page document from Lawrence Summers to Preside…

By Don Lee

The Federal Reserve announces a subdued outlook for growth in the U.S. economy, as well as its intention to keep short-term interest rates near zero through late 2014.

The Federal Reser…

Photographer: Zhang Yan/Xinhua/eyevine/Redux

By Caroline Salas Gage and Craig Torres

Ben S. Bernanke laid the groundwork for a third round of large-scale asset purchases should unemployment remain h…

[click on the image to view article]

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.

[click on the image for a larger version]

…

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.

Continue reading the article . . .

[arve url=”http://www.youtube.com/embed/tUVfA2JOjKc” frameborder=”0″ width=”325″ height=”242″>
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)

[click on the image for a larger version]

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…