Square Watermelons
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…
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…
World leaders Meet For G-8 Summit
Leaders of rich and developing nations want to finally seal a long-delayed world trade deal next year and head off trade wars that could hit world economies as the…
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…
By Lisa Jucca
Switzerland has vowed to prevent UBS from handing over client information to U.S. authorities, in an attempt to defend bank secrecy, saying a tax case targeting its main bank is souri…
Photo: United Future World Currency
World leaders attending the Group of Eight summit opening Wednesday in Italy will each be presented with…gold coins representing an imaginary future world curre…
Important Dates in the Monetary History of the United States, Part IV, 1792 – Coinage Act of 1792
By David Liechty
The Coinage Act of 1792 (Act of 2 April 1792, , ch. 16, 1 Stat. 246 , ) furth…
Pope Benedict XVI called Tuesday for a new world financial order guided by ethics, dignity and the search for the common good in the third encyclical of his pontificate.
In “Charity in Truth,”…
Picture by David Williams
Only a year ago, Harvard had a $36.9 billion endowment, the largest in academia. Now that endowment has imploded, and the university faces the worst financial crisis in its…
Important Dates in the Monetary History of the United States,Part III, 1787 – The Constitution of the United States
By David Liechty
The Constitutional Convention of 1787 was envisioned as a nec…
Photo by Kurt Nimmo
Viennese journalist Jane Burgermeister filed documents with the Vienna prosecutor’s office on April 8th, 2009 accusing vaccine producer Baxter AG, its US parent, Baxter Interna…
Important Dates in the Monetary History of the United States, Part II: 1776 to 1787 – Independence and Articles of Confederation
By David Liechty
Upon signing of the Declaration of Independence,…
From Rob Kirby – Rob Kirby Analytics
By David Glovin and Christine Harper
Goldman Sachs Group Inc. may lose its investment in a proprietary trading code and millions of dollars from increased competition if software allegedly stolen by …
By Stephen Leahy
Today it emerged that world leaders are to discuss what is being described as “land grabbing” or “neo-colonialism” at the G8 meeting next week. A spokesman for Japan’s ministry of f…
Sir James Goldsmith from an interview in November 1994, on the General Agreement on Trade and Tariff (GATT) which created the World Trade Organization:
The idea is to create what is known today a…
The 2009 G8 will take place in L’Aquila, Italy from July 8-10 on 2009.
The Summit will follow minister meetings which are ongoing:
May 24/25 – Rome – G8 Energy Ministers’ Meeting
May 29/30-…
Photo: AFP/Getty
MOSCOW, June 26 (RIA Novosti) – A Russian-U.S. military cooperation agreement will be signed during President Barack Obama’s visit to Moscow in early July, the chief of the Russian …
Thanks to Matt Taibbi’s wonderful article “The Great American Bubble Machine,” I was inspired to do some more bailout math.
It looks to me like Goldman Sachs won big on the bailout. They got a $13 bi…
Credit: Claude Lewenz
Listen to the MP3 audio file
The Solari Report – 02 Jul 2009
Download the MP3 audio file
Audio
Our 2nd Quarter Wrap-up is called “Surfing the Slow Burn.” The “slow bur…
In a move set to infuriate and send many Zero Hedge readers over the top, the NYSE has taken action to make sure that nobody will henceforth be able to keep track of the complete dominance that Gold…
If you think the housing and credit bubble diminished your financial security and your community, or the bailouts, or the rising gas prices did as well, hold on to your hat. The worst may be yet to co…
Cynthia McKinney Reportedly Taken Captive By Israeli Navy
Greenpartywatch.org (30 Jun 09)
“The latest from www.freegaza.org reports that the humanitarian vessel Spirit of Humanity has been attacked…
Would anyone care to comment on what a biometric-based employer verification system is?
Continue Reading Senator Charles Schumer Anounces Principles for Comprehensive Immigration Reform Bill in Works…
Photo: Svea Herbst- Bayliss
Can someone help me understand this? If the reports are accurate, Bernie Madoff’s wife Ruth is having all of her assets seized save $2.5MM. Problem is that she inherited …
By Jon Birger
Known for his early warnings on Bear Stearns and Lehman Brothers, analyst Martin Weiss of Weiss Research is now sounding the alarm about state of California municipal bonds.
In a new r…
Feb 12, 2002 – Gold Anti-Trust Action Committee
View Video
by John Galt
Being industrious and an insomniac has its advantages. But as a friend said to me a long time ago, you always get plenty of sleep when you’re dead so I decided to take a graphic look …
Continue Reading
Obama’s Projected Unemployment Rate With And Without Recovery Plan
I just read a post indicating that the purchase of guns by Americans in 2008 was running at an average of 3 million a quarter and that we purchased approximately 1.5 billion rounds of ammunition in De…
Associated Press – Steve Fielding
Steve Fielding recently asked the Obama administration to reassure him on the science of man-made global warming. When the administration proved unhelpful, Mr. Fiel…
Announcement from Edwin Vieira, Jr.:
Responding to numerous requests, I have tentatively arranged for a reprint of my book Pieces of Eight: The Monetary Powers and Disabilities of the United States C…
The IRS has added twenty more questions to their FAQs in connection with the FBAR filings, including instructions for taxpayers who only recently learned of the FBAR filing obligation and guidance on …
As state and local governments seek greater revenues to balance their budget, they create new rules, taxes, fees and laws that further destroy economic activity. Thanks to Matt Savinar of Lifeafterthe…
By Mark Lundeen
The NYSE published weekly Margin Debt (NYSE MD) numbers from the 1920s to 1965. Starting in 1966, they switched to a monthly basis. The change in data is clearly evident in the BEV …
Find information about HR 2749, including a petition and frequently asked questions.
“A new food safety bill is on the fast track in Congress—HR 2749, the Food Safety Enhancement Act of 2009. The…
Photo: Russell Lee
I keep receiving reports that banks are cutting lines and refusing to loan to healthy businesses. There are more reports of profitable car dealerships that had the plug pulled in …
By McLaren and Torchinsky
The Sam’s Club in Salisbury, Maryland, is promoting its pharmacy by handing out pill bottles filled with candy to kids. I guess that’s better than filling Dots boxes with …
By Chris Giles
Strains in pensions systems, in both private and public provision, threaten to turn the financial crisis of the past two years into a social crisis lasting for decades, the Organisat…
By Craig Karmin and Liz Rappaport
Harvard’s endowment, scalded in the financial crisis, is shying from some riskier bets even as markets had been improving—and losing talent in the process.
Marc S…
From Wikimedia Commons, the free media repository
Can you imagine Harvard resisting the temptation to profit from creating distressed communities and assets and then trading them? That would call fo…
I published Solari & the Rise of the Rule of Law in 2002. I thought it might be appropriate to republish one of the sections on the blog. Our consciousness is shifting. I sense that more people wo…
Three surprise guests made their way through the “Secret Door” to speak with George Noory.
Third and…last through the secret door was investment advisor Catherine Austin Fitts. The bailout has cr…
California State Budget Crisis Not Caused by the Recession
by Peter Phillips
The budget crisis in California has been artificially created by cutting taxes on the wealthiest people and corporations….
By Edgar Ortega
NYSE Euronext (See 1) and (See 2) handled $38.05 trillion in stock trades across seven equity markets last year under CEO Duncan Niederauer, a 49-year-old former Goldman Sachs Grou…
By Scott Lanman
Bernanke, whose term expires Jan. 31, faces lawmakers at a hearing this week on steps to aid Bank of America Corp.’s takeover of Merrill Lynch & Co. as Congress increasingly…
The recent international banking incident between the US government and Swiss banking authorities in which Treasury demanded private account information about holdings of US citizens in Swiss bank a…
by John Rubino
Facts have a different feel when they’re personal. And speaking personally, evidence that Americans are seriously spooked is starting to pile up. In the past few months:
• I che…
By: Paul Sutherland
NASA will tomorrow launch a spectacular mission to bomb the Moon. Their LCROSS mission will blast off from Cape Canaveral, Florida, carrying a missile that will blast a hole in …
Last week, the firm predicted that President Barack Obama’s government could issue $3.25tn of debt before September, almost four times last year’s sum. Goldman, a prime broker of US government bonds…
Amidst global economic recession and financial-market fragility, net private capital inflows to developing countries fell to 707 billion US dollars in 2008, a sharp drop from a peak of 1.2 trillion in…
The discussion and debate about the $134.5 billion bonds seized by the Italian government continues. We thought we would put all the links in one post.
Discrepancies in America’s Accounts Hide a …
Thomas Geissler of TG Gold-Super-Markt
By Richard Evans and Harry Wallop
Holidaymakers passing through Britain’s airports could soon have the chance to buy a block of gold from a vending machine, r…
By Scott Rasmussen
Republicans by nearly three-to-one say global warming is caused by planetary trends, while Democrats believe human activity is to blame by the same margin. Voters not affiliated w…
There’s only ONE shot that’s in perfect harmony with the field… One shot that’s his authentic shot, and that shot is gonna choose him… There’s a perfect shot out there tryin’ to find each and ever…
by Rick Rozoff
Since the beginning of the year the United States and NATO have repeatedly indicated in both word and deed their intention to lay claim to and extend their military presence in what …
By Barry Eichengreen & Kevin H. O’Rourke
Voxeu.org
“This is an update of the authors’ 6 April 2009 column comparing today’s global crisis to the Great Depression. World industrial production, tra…
Obama Initiative Seeks Fix To Finance Regulations
Yahoo Finance (17 Jun 09)
Obama Bank Revamp May Stall as Competing Issues Mount
Bloomberg.com (15 Jun 09)
FACTBOX – Obama Plan to Tighten Financial …
Background Information
A new food safety bill is on the fast track in Congress-HR 2749, the Food Safety Enhancement Act of 2009. The bill needs to be stopped.
HR 2749 gives FDA tremendous power w…
Photo By: Joel Black
Dr. Sam Chachoua is a talented physician who had to leave the United States for reasons of safety and to protect his vaccines and knowledge. Here is a video from the late 1990’…
Photo: PA
By Andrew Alderson
For the first time since the Second World War vegetables are being grown in the Palace’s grounds alongside ornamental plants.
The move comes amid a surge in demand fro…
Wayne Gretzky once said, when asked the secret of his success at ice hockey, “I skate to where the puck will be.”
It is for the same reason I keep bringing up the issue of money missing from the US…
Brass Check TV
The Bush Doctrine, Economic Warfare and Your Investment Portfolio
By Rob Kirby
In a military sense, we are all familiar with and can visibly recognize the physical manifestations of the implementa…
By: Jean-LeonGerome
For a long time, I have believed that community prayer can play an important role in transforming communities. That said, I don’t know much about community prayer and would lov…
Chicago’s 49th Ward
The participatory budgeting networks are abuzz with excitement about the participatory budgeting effort being introduced in the 49th Ward of Chicago.
The Watson Institute for In…
By: Kurt Nimmo
Washington, D.C. – Congressman Ron Paul’s Federal Reserve Transparency Act, HR 1207, has reached and surpassed the level of 218 cosponsors in the House of Representatives, which means…
Doctors Warn: Avoid Genetically Modified Food
By Jeffrey M. Smith
On May 19th, the American Academy of Environmental Medicine (AAEM) called on “Physicians to educate their patients, the medical comm…
Listen to the MP3 audio file
The Solari Report – 11 June 2009
Download the MP3 audio file
Audio
This is the second week of the month. That means I am headed over to …
By: Valuation Review
A new announcement from Fannie Mae calls for all appraisal data to be submitted electronically beginning March 2010. Uh oh, there goes the paper trial!
Lenders Can Deliver Electr…
Chicago’s 49th Ward
See Financial Ecosystems, Parts III
One of the reasons to map your financial ecosystems, is because it is best to understand existing resources and what has been happening to th…
Chicago’s 49th Ward
I thought I would create a space where readers could post links or other information on governmental resources related to Chicago’s 49th Ward. Here are links related to park hold…
By: MercoPress
In 2008, the world total military expenditure was an estimated 1.464 trillion US dollars, accounting for an increase of 4% in real terms compared to 2007, and an increase of 45% since…
Vatican Study Endorses GMOs for Food Security
Analysis: The academy aimed less to conduct an objective appraisal than to mobilize public support
By John L. Allen, Jr
In what seemed largely a forego…