Job Figures Won’t Add Up
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 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 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…
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 o…
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 (…
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 …
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 espe…
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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Wikipedia
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…
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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US Trucking Operators YRC And Arrow Struggle In Di…
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…
By Vincent Fernando and Kamelia Angelova
Continue reading CHART OF THE DAY: Manufacturing Capacity Was Demolished In 2009
Continue reading Why No One Invades Switzerland
Continue reading The Story of Cap & Trade
Continue reading The Story of Cap & Trade
By Vincent Fernando and Kamelia Angelova
Continue reading Chart of The Day: Port Data Shows Huge Global Recovery
By Mac Slavo
Continue reading Mortgage Meltdown: Wave Two
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By Melanie Pelayo
With the end of the year fast approaching, I want to bring your attention a change taking place next year regarding Roth IRA rules. Surveys have shown that not a lot of people are a…
By David Liechty
JAK Medlemsbank is a member-owned bank in Skovde, Sweden that has operated an interest-free savings and loan system since 1970.
Members accumulate points monthly based on their sa…
By Dakin Campbell and Andrew MacAskill
Citigroup Inc. said the Abu Dhabi Investment Authority is seeking to end an agreement to buy the bank’s stock for more than 8 times its current price, or to r…
By Alan Bjerga
A record 37.2 million people, or about one out of every eight Americans, received food stamps in September, as the recession drove a surging jobless rate, according to a government …
Bayer has admitted it has been unable to control the spread of its genetically-engineered organisms despite ‘the best practices [to stop contamination]'(1). It shows that all outdoors field trials o…
By Rajeev Syal
Drugs money worth billions of dollars kept the financial system afloat at the height of the global crisis, the United Nations’ drugs and crime tsar has told the Observer.
Antonio Ma…
By Ambrose Evans-Pritchard
While premier George Papandreou offered pro forma assurances at Friday’s EU summit that Greece would not default on its €298bn (£268bn) debt, his words to reporters afte…
By Evelyn Pringle
Prescriptions for psychiatric drugs increased 50 percent with children in the US, and 73 percent among adults, from 1996 to 2006, according to a study in the May/June 2009 issue o…
Sorting through the wreckage of those related failures has generated more questions than answers so far. Taylor Bean was shut down by the Federal Housing Administration, citing possible mortgage fra…
By Joe Weisenthal and Kamelia Angelova
Continue reading Small Business Cash Crunch Fears Getting Worse And Worse. . .
By Jim Ostroff
No personal jet packs at the big-box store just yet, but we foresee technological breakthroughs that will make a real difference.
Kiplinger clients have long come to rely on Kipling…
By Vincent Fernando and Kamelia Angelova
Continue reading The Average Investor Remains Terrified Of The Stock Market. . .
Joel Salatin
Pathways to Relocalization, Carbon Economy Educational Series, December 9th
Santa Barbara Central Library
The Flyer:
Joel Salatin, fulltime family farmer of the highly successful Pol…
By Kim Zetter
Want to know how much phone companies and internet service providers charge to funnel your private communications or records to U.S. law enforcement and spy agencies?
That’s the ques…
By Kim Zetter
Want to know how much phone companies and internet service providers charge to funnel your private communications or records to U.S. law enforcement and spy agencies?
That’s the ques…
By Stephen Bernard
Goldman Sachs Group Inc.’s top executives will not receive cash bonuses this year, as the Wall Street giant bows to sharp criticism over its pay practices.
The 30 high-ranking ex…
If you know the answer, pop it on a postcard and send it to the people of Norway, where this mysterious light display baffled residents yesterday.
Continue reading Anyone For Some Arctic Roll? Myst…
By Vincent Fernando and Kamelia Angelova
The Purchasing Managers Index (PMI) is an economic indicator for the U.S. manufacturing sector, in blue below. It tends to be a leading indicator for future r…
By Vincent Fernando and Kamelia Angelova
The Purchasing Managers Index (PMI) is an economic indicator for the U.S. manufacturing sector, in blue below. It tends to be a leading indicator for future r…
By Jackie Calmes
President Obama and Congress are ending the year as they began it, at work on an economic stimulus package of tax cuts and spending, with the latest effort likely to raise the tota…
By Chris Serres
Local foundations are fighting Wells Fargo in court, saying it lied about safety of investments made before market plunge.
For years, some large charitable foundations in the Twin Ci…
By Alison Fitzgerald
Wall Street firms are recovering. Their standing with the American public isn’t.
“The fact that they’re even in existence should be bonus enough,” says Cassie Swihart, a…
By Alison Fitzgerald
Wall Street firms are recovering. Their standing with the American public isn’t.
“The fact that they’re even in existence should be bonus enough,” says Cassie Swihart, a…
Tuesday, December 8, 2009
Ben Bernanke
Chairman
Federal Reserve System
20th Street & Constitution Avenue, NW
Washington, DC 20551
Dear Chairman Bernanke,
I write with concern about two announced…
By Charlie Savage
The federal government announced on Tuesday that it intends to pay $3.4 billion to settle claims that it has mismanaged the revenue in American Indian trust funds, potentially end…
By F. William Engdahl
The man with the nickname “Dr Flu”, Professor Albert Osterhaus, of the Erasmus University in Rotterdam Holland has been named by Dutch media researchers as the person at t…
Continue reading Ron Paul with Judge Napolitano on Glenn Beck- Bernanke To Be Renominated
By Joe Weisenthal and Kamelia Angelova|
Continue reading The Amazing Spiraling Mortgage Delinquencies
With wisdom and wit, Anupam Mishra talks about the amazing feats of engineering built centuries ago by the people of India’s Golden Desert to harvest water. These structures are still used today — …
Pope Benedict XVI and visiting Russian President Dmitry Medvedev agreed Thursday to upgrade Vatican-Kremlin relations to full diplomatic ties, the Vatican said.
The step forward on the diplomatic f…
Pope Benedict XVI and visiting Russian President Dmitry Medvedev agreed Thursday to upgrade Vatican-Kremlin relations to full diplomatic ties, the Vatican said.
The step forward on the diplomatic f…
By Anne Tergesen
Starting Jan. 1, Uncle Sam will permanently eliminate both the income and filing-status restrictions on transferring money from a traditional IRA to a Roth — a procedure known as …
Continue reading Geithner, Bernanke “Complicit” in Financial Crisis and Should Go
By Danny Westneat
Rachel Porcaro knows she’s hardly rich. When you’re a single mom making 10 bucks an hour, you don’t need government experts to tell you how broke you are.
But that’s what happene…
Continue viewing YouTube
GoldMoney founder and GATA consultant James Turk was interviewed for 27 minutes this week by Eric King of King World News. They discussed the second phase of the bull market in gold, Barrick Gold’s st…
By Joe Weisenthal
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Continue reading Morgan Stanley: Here Comes A Brutal 2010