State & Local Tax Receipts
Weakness Unmatched in 35 Years
Investor’s Insight (16 Feb 2009)
Weakness Unmatched in 35 Years
Investor’s Insight (16 Feb 2009)
Catherine,
I’ve been visiting Solari for about a year, and I want to thank you for the information you provide.
I want to relate an experience I had with Bank of America lately. I’ve banked there fo…
There is a war going on but it is not one we are reading about in the news.
As tax revenues decline, the federal government can operate with deficits. By law, states and counties must balance their…
Nassim Taleb, author of The Black Swan, talks straight about bailouts and makes sound suggestions about solutions. For example, how can you fix anything if you leave in charge the people who created t…
Here is a great idea – using wiki technology to bring transparency to government spending, starting with the stimulus package.
The Stimulus Wiki
OK, anyone want to wikify the bailout?
View this slide show from a network member:
Understanding and Navigating the Economic Crisis update
Lots of suggestions to help you take action.
The Associated Press breakdown of approximately $700 billion of the $789 billion economic stimulus bill agreed to by the Senate and House:
Aid To Poor And Unemployed
$40 billion to provide extende…
Aaron Russo was a fearless, talented, capable man. He loved life and people. He could not fathom why millions of Americans were adapting to fascism. I got to know Aaron while he was filming “America: …
From Sam Smith
The Progressive Review – 11 Feb 2009
Washington Monthly – The National Coordinator for Health Information Technology isn’t “new”; it was created by George W. Bush five years ago. More …
I grew up next to a University campus. My parents loved to learn. Our home was filled with books and people from diverse backgrounds.
One of my mother’s best friends had narrowly escaped the German…
I froze my credit recently.
Forty-seven states and the District of Columbia have enacted laws requiring the credit bureaus to enable consumers to protect their credit files with a security freeze.
…
In assessing the advisability of a national health database, it is valuable to understand that a national health database will be:
one of many databases containing data about you that will feed p…
Here is the fact sheet and the new website for the Administration’s Financial Stability Plan.
Lord Acton once said, “The issue which has swept down the centuries and which will have to be fought soo…
“The net supply of Treasurys in 2009 and 2010 combined seems likely to total more than $3 trillion and could climb as high as $4 trillion. The Congressional Budget Office (CBO) estimates the 2009 Fe…
When I served as Assistant Secretary of Housing at the Department of Housing and Urban Development (HUD) in the first Bush Administration, I discovered that the government was paying billions of dol…
Financial Permaculture on Vimeo.
Watch the video from the first-ever Financial Permaculture Summit in Hohenwald, Tennessee.
Here is a copy of House Resolution 6 being discussed by the New Hampshire Legislature. It certainly sets some limitations on the Presidency and the Congress …
Continue reading on Jesse’s Café Am…
The American Recovery and Reinvestment Act of 2009 (popularly referred to as the President’s economic stimulus plan) as engrossed in the House of Representatives (as HR 1), Section 9202 “Investment …
Here is an excellent idea from one of our finest Congressional Representatives: Ohio Congresswoman Marcy Kaptur.
View the Mortgage Squatting video on YouTube
Bloomberg News: Goldman Sachs Group Inc. wants to repay the $10 billion it got from the U.S. Treasury last year to signal the firm is healthy and to escape limitations that were imposed with the mon…
Rob Kirby of Kirby Analytics is the Sherlock Holmes on the tail of the derivatives cabal. Here is the product of his latest sleuthing.
[Originally Posted on Feb 2, 2009]
For our entire lives, most of us have depended on highly centralized systems. Our food comes from a thousand or more miles away. Our savings is shipped in…
Occasionally I have someone tell me that they have to subscribe to corporate media because they need to know what “they” are saying. I understand how these people feel. I broke down two years ago an…
The following appeared in the Rock Creek Free Press
Casey Research, of Vermont, has analyzed the costs of the government bailouts of the housing crisis, the credit crisis and others and has conclud…
According to the Center for Retirement Research at Boston College, in The Funding Status of Locally Administered Pension Plans by Alicia H. Munnell, Jean-Pierre Aubry, and Kelly Haverstick, US state a…
The Department of Agriculture continues its efforts to implement the National Animal Identification System. Here are proposed new rules published on January 13, 2009.
According to a NY Times article, the following industries have experienced significant sales growth in the last 12 months (privately owned companies only):
View a complete list in the NY Times arti…
Well, we have swapped real assets for paper. Now we cannot even get the paper:
SEC Approves Eliminating Paper Certificates for Withdrawals-by-Transfer
Leaving your current place of employment? Here are frequently asked questions about IRA rollovers from employee sponsored plans.
Read the complete article …
by James Turk
Read the full article on gata.org
An important document buried in the Federal Reserve’s archives has been discovered by writer and researcher Elaine Supkis. This document is posted on…
Larry Summers, engineer of the housing bubble and gold price suppression, is returning to power on Monday. Ditto, the folks who lost $3.3 trillion at the Pentagon.
Now Paul Volcker, former Fed Chai…
CNN is running the documentary ‘I.O.U.S.A.’ this weekend. We thought you might find our commentary from this summer regarding ‘I.O.U.S.A.’ of interest.
Citigroup Inc. said Robert Rubin has retired from the bank. According to a spokesman, “Rubin did not anticipate the ‘extreme circumstances’ that the financial system now faces.”
Robert Rubin Quits …
In fiscal 1999, the Department of Defense was “missing” $2.3 trillion dollars. To put that amount of money in perspective, it is approximately 3X what President-elect Obama is .
In fiscal 2000, the…
There appears to be a chorus of people with very good resumes predicting that the dollar is about to fall. While the economic fundamentals for the U.S. dollar are dreadful, they have been so for qui…
Obama Picks Leon Panetta to Head CIA
Yahoo News (05 Jan 2009)
Leon Panetta on Wikipedia
wikipedia.org
Central Intelligence Agency on Wikipedia
wikipedia.org
The following snapshot from MarketWatch reveals that 2008 was, indeed, a difficult year for many investors.
These days I am wondering if Madoff’s biggest problem is that he stole from the rich. Feels to me like when you steal from ordinary people, particularly when it makes the rich much richer, it is cal…
by James Bowen, National Chairperson of the Ireland-Palestine Solidarity Campaign
http://www.haaretz.com/hasen/spages/848045.html
In the late 19th century, changes in Ottoman law created a new cla…
The U.S. Dollar just took a nose dive….
Monsanto’s Destruction of Seed Cleaners and the Immense Threat to Human Access to Seeds
Monsanto’s Destruction of Seed Cleaners and the Immense Threat to Human Access to Seeds
Bernie Madoff on the Modern Stock Market
I have started and managed several small businesses. It is hard to run one set of books for a small business. There are other people involved — not just the…
Bernie Madoff on the Modern Stock Market
YouTube
I have started and managed several small businesses. It is hard to run one set of books for a small business. There are other people involved — not…
I have been searching for updates on Bloomberg’s lawsuit seeking disclosure of collateral held by the Fed in exchange for a trillion plus in loans. Kudo’s to Bloomberg’s Mark Pittman for his coverage …
The Minneapolis Firefighters and the Southern Louisiana Sheriffs have taken on CitiGroup and the Citi board and underwriters. It’s one thing to put up with the New World Order bankrupting your local c…
So the Governor of Illinois decides to pull the plug on Bank of America:
Illinois Governor Cuts off Bank of America After Chicago Factory-Worker Sit-In
And look what happens:
Illinois Governor Ar…
On December 2, the US Congress’ investigative arm — the GAO — criticized the Treasury Department’s handling of the $700 billion bailout program:
Read the story on truthout.org
I just got my box of mint oil drams from Crosby Mint Farm. It is excellent. In fact, I sent the planned presents out to the Solari team, so I am out and ordering more today. These make great presents …
I decided to search out the reported indictment of Vice President Richard Cheney…
Texas DA Reveals Evidence Against Cheney
The Raw Story (27 November 2008)
Hearing Set for Monday to Oust Judge i…
Here is a must-see video: 137 pages of foreclosure notices in the Detroit Free Press BEFORE the bailout and resulting layoffs from the big three auto makers:
In 1989, while I was serving as Assista…
Following my recent interpretation of the G20 communique, the editor of Expresso wrote back: “Catherine, can you elaborate a little more about this printing euphoria?”
The Chairman of the Federal R…
Following my recent interpretation of the G20 communique, the editor of Expresso wrote back: “Catherine, can you elaborate a little more about this printing euphoria?”
The Chairman of the Federal R…
I was interviewed on Coast to Coast Am Radio last night. As is sometimes the case, we were unable to publicize this interview — I was flying home when they called me.
I discussed several of my earl…
I was interviewed on Coast to Coast Am Radio last night. As is sometimes the case, we were unable to publicize this interview — I was flying home when they called me.
I discussed several of my earl…
The Editor of Expresso in Portugal wanted my take on the recent G-20 communique. Here is my “translation” of the official statement:
1. Now that the growth of debt and derivatives bubbles has stall…
In light of the recent proposals to turn 401K’s and IRA’s over to the Social Security Administration (see Dems Target Private Retirement Accounts), I recommend reading what I believe was one of the fi…
In light of the recent proposals to turn 401K’s and IRA’s over to the Social Security Administration (see Dems Target Private Retirement Accounts), I recommend reading what I believe was one of the fi…
President-elect Obama and his transition team now have 77 days to assemble a staff and Cabinet, determine the chief policies and goals for their first term and year in office, rework the federal budge…
Thanks to the Institute of Noetic Sciences Shift in Action series, here is my audio report on the Financial Permaculture conference in MP3 format:
Listen to the MP3 file
The bailout bill resulted in $700 billion of taxpayer funds, much of it going to Wall Street firms who will pay out an estimated $70 billion in bonuses this year. So what do people from Wall Street…
From William Greider’s recent article:
“Treasury Secretary Hank Paulson agreed to invest $125 billion in the nine largest banks, including $10 billion for Goldman Sachs, his old firm. But, if you loo…
From William Greider’s recent article:
“Treasury Secretary Hank Paulson agreed to invest $125 billion in the nine largest banks, including $10 billion for Goldman Sachs, his old firm. But, if you loo…
Tonight, Liora Adler, Andy Langford and Albert Bates gave a presentation on Transition Towns. Andy reviewed his estimates of what happens to the local economy each year in Lewis County as all the youn…
Here’s a live wire coming through the global information grapevine –
Last night I blogged here about Eric Wagoner’s incredible LocallyGrown.net, a stunningly simple software solution to the cha…
The ethanol team at the Financial Permaculture conference is amazing. I was in their session last night led by Pat Therrien who manages to combine encylopedia-like knowledge with a sense of humor. S…
Great News! Howard Switzer and Katey Culver are going to present the history of natural homebuilding on Saturday evening during the open space presentations. Howard and Katey have a thriving business …
The challenges we face today are global in scope, but the solutions remain concrete. Our opportunity is to address them in sustainable, profitable ways. Companies can be conceived, launched, and sust…
An offering from Gifthub.org…
Click to access the final schedule (page 1, page 2) for the event: Financial Permaculture: The Greening of A Rural American Community, October 24-28, 2008 in Hohenwald, Tennessee.
Click HERE to view …
The Finance Team is doing two simulations on Saturday, October 25. Here are two of the handouts for the first simulation that Catherine will be leading:
Financial Team Simulation: What Does a Local I…
Recently we published a review of independent media capital structures.
This analysis looked at shareholder structures that divided investors between voting and non-voting shares or otherwise organiz…
If you have a comment about Financial Permaculture or the Financial Permaculture workshop in Hohenwald, Tennessee October 24-28, 2008, and are not sure where to put it, please place it as a comment to…
Principles of Financial Permaculture
By Jennifer Dauksha-English
View or download this document as a PDF
Financial Permaculture has been a part of the overall concept of Permaculture as it has cropp…
This commentary has been re-printed with Franklin Sanders’ permission:
Well, well, here’s a surprise: another week you’ll never see again in your life — oddly enough, something like the week before….
This commentary has been re-printed with Franklin Sanders’ permission:
Well, well, here’s a surprise: another week you’ll never see again in your life — oddly enough, something like the week before….
The leaders of the food coop team at Financial Permaculture are pretty incredible. Check out Eric Wagoner from Athens, Georgia and Robert Waldrop from Oklahoma. Bob organized and leads the Oklahoma Fo…
From Phil Cubeta at Gifthub.org:
The Prospects of Financial Permaculture
Greg Landau at Gaia Emerging responds…
Overview of Legal Structures for Small Businesses Financial Permaculture Conference
We wrote up a list of enterprise legal forms for the recommended reading list for the entrepreneurs in Hohenwald. T…
By Catherine Austin Fitts and Carolyn Betts, Esq.
Download a PDF version of this article
The fall in global stock market prices over the last year has had a significant impact on most Americans’…
There are numerous factors driving the stock market down. Here are a few important ones:
1. Debt overhang: We have issued far more debt than we can pay back. This is being used, among other things,…
An Interview with Catherine Austin Fitts by Jorge Nascimento Rodrigues, editor of Janelanaweb.com.
QUESTION: Which are the roots of the ongoing financial crisis? A group of Wall Street’ criminals, o…
This piece about lavish spending by AIG executives after the $85 billion federal bailout is worth reading. It points out the impossibility of reviving a real economy under the leadership of people who…
About the Scoop US Electronic Election Integrity Campaign 2008
What is it?
A Pro-Bono (Free) advertising campaign to support the US Election Protection movement and its many diverse groups and partic…
OUR NEXT BRAINSTORM: WHAT ACTIONS CAN WE TAKE TO BAIL OUT OF WALL STREET?
The time has come to purge these people from our lives. How do we do it? Since our readers had such great ideas on the bumper…
by Catherine Austin Fitts and Carolyn Betts, Esq.
(1) Crime that pays is crime that stays.
There is reason to believe that Wall Street and those they represent are holding loans without collateral, …
By Adrian Douglas
In the September 29 session on the Tokyo Commodity Exchange (TOCOM) Goldman Sachs COVERED 13 short contracts and bought 495 long contracts to bring their long position to 2,525 cont…
Another reason to come to Financial Permaculture is to hook up with one of the fastest growing CSAs in Tennessee, Avalon Acres Farm in Hohenwald, Tennessee.
–
Visit Avalon Acres website >>>
Please seed and spread around!
http://www.nakedcapitalism.com/2008/09/mussolini-style-corporatism-in-action.html
This is an audio recording of the conference call with the US Treasury Department, gi…
Fed Pumps Further $630 Billion Into Financial System
By Scott Laman & Craig Torres – Bloomberg.com (29 Sep 2008)
Adjusted Monetary Base – 25 Sep 2008
St. Louis Federal Reserve
Financial Sense Ne…
U.S. House Rejects $700 Billion Financial-Rescue Plan
By Allison Vekshin & Laura Litvan – Bloomberg.com (29 Sep 2008)
Sit down and be quiet.
You are drunk, and this is the
edge of the roof.
~ Rumi
This wonderful quote from Rumi was brought to our attention by the amazing Albert Bates. Albert is one of the reasons why…
By Carolyn Betts, Esq.
I agree with every point in Bernie Sanders’ proposal but have a suggestion.
I worked with lead counsel to the RTC (the government entity that served as receiver for defunct sa…
John:
You asked, what is the size of the total consolidated national debt?
The President of the Dallas Fed says $99.2 trillion. I would add $20-50 trillion for bailouts and collateral, securities an…
# 1 Over One Million Iraqi Deaths Caused by US Occupation
# 2 Security and Prosperity Partnership: Militarized NAFTA
# 3 InfraGard: The FBI Deputizes Business
# 4 ILEA: Is the US Restarting Dirty Wars…
The New York Times has posted a draft copy of the U.S. Treasury bail out bill.
As a practical matter, this bill gives the U.S. Secretary of the Treasury – the former chairman of one of the Wall Stree…
A broker reported to me today that their clearing agent is requiring them to mark purchases of AAA sovereign bonds denominated in foreign currencies as “speculative” investments.
Pressure to do this …
As the leaders of the mortgage bubble continue to hit the wall, the importance of repositioning your assets into the “real” economy and out of a “bubble” economy is urgent.
In Frantic Day, Wall Stree…
Doug Casey’s newsletter reports that the Dow Jones Index companies had consolidated losses in the second quarter. However, the Dow Jones is holding and gold is falling.
Meanwhile, it took 232 years t…
thefarmblog.org
News and views from The Farm in Summertown, Tennessee