Minerals & The Standard of Living
To maintain his or her standard of living, each person in the United
States requires over 22 tonnes of minerals each year:
* 5,640 kg of stone
* 4,250 kg of sand and gravel
* 430 kg of cement
* 125 kg…
To maintain his or her standard of living, each person in the United
States requires over 22 tonnes of minerals each year:
* 5,640 kg of stone
* 4,250 kg of sand and gravel
* 430 kg of cement
* 125 kg…
To maintain his or her standard of living, each person in the United
States requires over 22 tonnes of minerals each year:
* 5,640 kg of stone
* 4,250 kg of sand and gravel
* 430 kg of cement
* 125 kg…
On February 5, 2008 at 12:19:07 at Hickory Valley City Hall I was assigned access code 1723 to vote in the Tennessee primary. I elected to vote in the Republican primary and voted for Ron Paul and 12 …
Solari’s E-Mail Update ~ January 31, 2008
“The gold reserves of the United States have not been fully and independently audited for a half century. Now there is proof of those gold reserves and those …
Exit U.S.
By Mike Muehleck posted by Eric Fry – the Rude Awakening (27 Nov 2007)
I posted this in Top Picks in December. Given the interest, I am reposting with an excerpt:
One and a half million U….
Massachusetts Charges Merrill With Fraud
By George Morcroft – MarketWatch.com (1 Feb 2008)
“This complaint is focused on Merrill Lynch’s sale, through agents Kipper and Choy, of certain esoteric fin…
Hidden Swap Fees by JPMorgan Chase, Morgan Stanley Hit School Boards
By Martin Z. Braun & William Selway – Bloomberg.com (2 Feb 2008)
—
My question is not why do the leading banks and investment ban…
Coast to Coast AM Radio is distributed by Premiere Radio Networks which is owned by Clear Channel Communications.
On January 15, 2008, Coast to Coast’s host, George Noorie, announced the signing o…
Money & Markets
Vote on Microsoft’s bid for Yahoo ~ Lodge your opinion in this Wall Street Journal poll
Robert Rubin: What meltdown?
By Katie Benner – CNNMoney.com (31 Jan 2008)
MBIA Posts Bigge…
Want great barbecue with high quality ingredients at affordable prices?
I just had dinner at Jim ‘N Nick’s Bar-B-Q in Memphis. They have restaurants in Colorado, Florida and throughout the South.
…
Cleveland Sues 21 Lenders Over Subprime Mortgages
By Christopher Maag – New York Times (12 Jan 2008)
See City of Cleveland Press Release for a list of lenders.
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Click the image to view the …
For those of you who keep asking me “Who is doing this?” here is a very
useful tool from the Financial Times which provides revenue and deal value rankings of the global investment banks for 2007.
(C…
Urgent Action on Behalf of Oaxacan Political Prisoners
From Food First (21 Jan 2008)
Learn more about Asamblea Popular de los Pueblos de Oaxaca
Countrywide’s Underwriters Sued for Fraud by New York Agencies
By David Mildenberg & Karen Freifeld – Bloomberg.com (26 Jan 2008)
The New York lawsuit has been consolidated with other lawsuits ag…
Countrywide’s Underwriters Sued for Fraud by New York Agencies
By David Mildenberg & Karen Freifeld – Bloomberg.com (26 Jan 2008)
The New York lawsuit has been consolidated with other lawsuits ag…
Mortgage Lender Hid Big Risks, Suit Alleges
By James Nash – Columbus Dispatch (23 Jan 2008)
“The giant mortgage financer known as Freddie Mac swindled an Ohio pension system out of as much as $27 mi…
Earlier news re insider selling by senior Barrick executives has me wondering what they know about market liquidity, 2008 prices for precious and base metals and how they know it. The heads of explora…
Usually it’s the “lone” assassin. Now that coup d’etats are financial, we have the “lone” or “rogue” trader.
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The lone trader strikes again ala 2008:
SocGen Reels From Record $7billion Rogue…
Money & Markets
You Should Be Wary of This Market Rebound
By John Crudele – New York Post (24 Jan 2008)
US Slides Into Dangerous 1930s ‘Liquidity Trap’
By Ambrose Evans-Pritchard …
That’s it. I’m ditching Google. It is lots of little things, but the reality is I don’t trust ’em.
Centralizing internet data does not lend itself to promoting freedom, particularly the way these guy…
I finished up some good reads this weekend.
The first read: In Defense of Food: An Eater’s Manifesto by Michael Pollan is a good well, written summary of everything you probably already know about fo…
Cleveland Sues 21 Lenders Over Subprime Mortgages
By Christopher Maag – New York Times (12 Jan 2008)
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See City of Cleveland Press Release for a list of lenders.
Click the image to vi…
World Bank Closes Offices After Bomb Threat
By Lesley Wroughton – Reuters (17 Jan 2008)
Money & Markets
FBI Wants Instant Access to British Identity Data
By Owen Bowcott – The Guardian (15 Jan 2008)
Citigroup’s Hopes for Investment From Chinese Bank Hit a Snag
By Eric Dash – Int…
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Let’s say $40 of every barrel of oil sold to the US by large oil companies sourced in the middle east goes into a sovereign wealth fund. Let’s say there is $4 trillion missing from the US Treasury, an…
Let’s say $40 of every barrel of oil sold to the US by large oil companies sourced in the middle east goes into a sovereign wealth fund. Let’s say there is $4 trillion missing from the US Treasury, an…
Life gets interesting when the lawyers willing to sue big banks grow in number.
Baltimore is Suing Over Foreclosure Crisis
By Gretchen Morgenson – New York Times (8 Jan 2008)
Lawyers’ fear of bein…
In an e-mail (1.02.08) from the FDIC:
The e-mail is to inform you that the FDIC is retiring the loan sales website at www.fdicsales.com effective January 4, 2008. From this point forward, the FDIC wil…
With thanks to “The King Report.”
NH Primary: Pre-Election Polls Wildly Different Than Results Announced for Clinton/Obama
Blogged by Brad Friedman – The Brad Blog (8 Jan 2008)
2008 New Hampshire State Primary Results
A Closer Look a…
Money & Markets
China is Quietly Revaluing its Currency
By Richard Spencer – London Telegraph (8 Jan 2008)
Baltimore is Suing Bank Over Foreclosure Crisis
By Gretchen Morgenson – …
Thanks to a very special reader, Catherine’s blog review of Political Ponerology has been translated into Swedish.
Click on this image to access the translation:
Brilliant (and darling) investment newsletter writer Rob Kirby and I have been having a heated debate. He says that markets clear through price. I say they clear through force. At the heart of the deb…
Ladies And Gentlemen:
Thank you for your excellent article “Hungry Times For Area Food Banks” by Alfred Lubrano, Mari A. Schaefer and Joseph Dolan.
The authors state that the reasons for the current…
From opensecrets.org – Race for the White House
Here is how Goldman Sachs employees have voted with their money for the 2008 presidential candidates:
Hillary Clinton – $301,350
John Edwards – $61,950…
There is $4 trillion missing from the US government. On Coast to Coast last week, I referred to Rumsfeld’s testimony before Congresswoman Cynthia McKinney on the missing money and sex slave traffick…
Money & Markets
Venezuela Cuts Zeroes From Currency in Hope of Stalling InflationBy Jorge Rueda – Associated Press (1 Jan 2008)
Cyprus and Malta Adopt the Euro
By Menelaos Hadijicostis – A…
From: Privacy International
From: Privacy International
Title: US District Court, Southern District of New York
Parties: Barclays Bank, PLC vs Bear Stearns, et al
Filed: December 19, 2007
Complaint ~ Part 1
Complaint ~ Part 2
Exhibit A1-3
Exhibit B1-4
…
For the last year, several members of the Solari network have been lobbying me to try Fuel Freedom International’s MPG-CAPSâ„¢. These are small caplets that are added to my gas which improve milea…
Money & Markets
Dollar’s Shares of Currency Reserves Falls to Record Low
By Christopher Swan – Bloomberg News (28 Dec 2007)
Exit U.S.
By Mike Muehleck posted by Eric Fry – the Rude Awakening (2…
In 1984, I gave away my television after overhearing a conversation about the subliminal programing and entrainment technology being rolled out to manage public opinion through television. Not being s…
In 1984, I gave away my television after overhearing a conversation about the subliminal programing and entrainment technology being rolled out to manage public opinion through television. Not being s…
Pakistan Nuclear Weapons at Play
By Newsmax Staff – Newsmax.com (27 Dec 2007)
Pakistan and Weapons of Mass Destruction
At Wikipedia
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Pakistan Nuclear Weapons at Play
By Newsmax Staff – Newsmax.com (27 Dec 2007)
Pakistan and Weapons of Mass Destruction
At Wikipedia
—-
It’s Catherine’s birthday today!
I drove up through Vermont to New Hampshire to visit my aunt and uncle.
They were just plowing out from three large snowfalls. The trees and ground are covered with snow. The air is clear and crisp. …
Money & Markets
China Takes 10% Stake in Morgan Stanley to Cover Junk Mortgages
By Joseph A. Giannone – Reuters (19 Dec 2007)
Credit Crisis Hits Top US Bond Insurer
By Stephen Bernard – Asso…
From Wikipedia: The winter solstice occurs the instant when the Sun’s position in the sky is at its greatest angular distance on the other side of the equatorial plane as the observer. Depending on th…
The Checklist
If something so simple can transform intensive care, what else can it do?
By Atul Gawande – The New Yorker (10 Dec 2007)
“If a new drug were as effective at saving lives as Peter Pronovo…
One of the newsletters that I use as an excellent predictor of what the Tapeworm will do next (in the rah-rah Tapeworm mode) says that state and local governments are going to plug their deficits with…
One of the newsletters that I use as an excellent predictor of what the Tapeworm will do next (in the rah-rah Tapeworm mode) says that state and local governments are going to plug their deficits with…
We are in the process of developing a new forum that will be part of a subscription service we will launch next year. We will be shutting down http://www.solariactionnetwork.com as we bring up the pr…
Here is a picture from the Monitor-Herald in Calhoun City, Mississippi during my bicycle trip through the Southern states in 1978. I just got a new bicycle and keep thinking about doing another trip.
…
Someone just asked me for a comment on a Presidential candidate’s policies to reform the sub-prime mortgage market. Here are the items I suggested.
1. Return currency issuance to the US Treasury;
2. …
New Zealand ally Claude Lewenz reminds me that ‘doing good’ first got split from ‘doing well’ with granting of a royal charter to the Honourable East India Company 407 years ago in December 1600 and…
Extraordinary Popular Debt
By Bill Bonner – Rude Awakening Blog (10 Dec 2007)
“What has happened? Credit, it turns out, soon reaches the point of diminishing returns. During the entire period up until…
P.S. Financial Fraud vs Financial Coup d’etat
By Catherine Austin Fitts – Scoop Independent News (11 Dec 2007)
Catherine Austin Fitts’ Mapping the Real Deal ~ A Serialized Story ~ Part 20 of 20 (pub…
P.S. Financial Fraud vs Financial Coup d’etat
By Catherine Austin Fitts – Scoop Independent News (11 Dec 2007)
Catherine Austin Fitts’ Mapping the Real Deal ~ A Serialized Story ~ Part 20 of 20 (pub…
One reason why trampolines may be dangerous.
These 3 snippets from Doug Noland’s Tight Money were pointed out by one of my favorite GATA team mates:
November 26 – Bloomberg (Glen Carey and Matthew Brown): “The United Arab Emirates, the seco…
Money & Markets
Citigroup to Consolidate Seven SIVs on Balance Sheet
By Shannon D. Harrington & Elizabeth Hester – Bloomberg News (13 Dec 2007)
World Bankers Resort to Firebreak
By Ambrose Evans-…
UBS Admits $10B Subprime Loss, Gets Rescue From Singapore
By Andrew Hurst – Reuters (10 Dec 2007)
ZURICH, Switzerland — UBS revealed a $10 billion writedown and an emergency injection of funds from S…
I named my last company after the first US Secretary of Treasury, Alexander Hamilton. Hamilton believed in the sanctity of a contract. One of his quotes I often use is “a promise must never be broken….
Bill Moyers’ Journal (23 Nov 2007)
The power and beauty found in the African American church and spiritual experience reminds me of St. Timothy when he wrote “For God hath not given us the spirit of f…
Bill Moyers’ Journal (23 Nov 2007)
The power and beauty found in the African American church and spiritual experience reminds me of St. Timothy when he wrote “For God hath not given us the spirit of f…
Robert Greenwald’s on-line video on Henry Kravis, partner of leveraged buyout and private equity firm, KKR, “Fight the War on Greed,” does not mention the European Union’s allegations in its lawsuit a…
Money & Markets
Top hedge Fund blow-up news and commentary
Britain’s Rate Cut Opens Gulf With European Central Bank
By Chris Giles & Ralph Atkins – Financial Times, London (6 Dec 2007)
Top CD…
From November 2004 Interview in Optionetics —
Interview ~ Part I
Interview ~ Part II
Pentagon Poised to Resume Open Air Weapons Testing
By Sherwood Ross (4 Dec 2007)
Burma: Junta Charges Monks’ Leader With Treason
By Terry Evans (3 Dec 2007)
New Zealand One of the World’s Simplest…
Paying Taxes 2008 – The Global Picture
The Doing Business Project
Paying Taxes 2008 – The Global Picture
The Doing Business Project
Is more profiting underway from the dump (as in “pump and dump”) of the US economy?
Goldman Short the Housing Market?
See Ben Stein – New York Times (2 Dec 2007)
Cuomo Helping?
See Staff Reports – Ma…
In from Sam Smith at Progressive Review:
The Vortex
A Justice Policy Institute Report (Dec 2007)
ACCORDING TO THE Department of Health & Human Services, the highest rate of illicit drug use is amo…
AMC Chief Urges States to Drop Dollar Peg
By P.K. Abdul Ghafour – Arab News (1 Dec 2007)
US Intelligence Says Iran Halted Nuclear Weapons Program in 2003
By Gary Thomas – Voice of America News (3 Dec…
Montana, Connecticut Hold Downgraded by Moody’s
By David Evans – Bloomberg.com (3 Dec 2007)
Montana and Connecticut state-run investment pools hold debt tainted by the subprime mortgage collapse whose…
Montana, Connecticut Hold Downgraded by Moody’s
By David Evans – Bloomberg.com (3 Dec 2007)
Montana and Connecticut state-run investment pools hold debt tainted by the subprime mortgage collapse whose…
I was depressed last night so I called Lifeline.
I got a call center in Pakistan.
I told them I was suicidal.
They got all excited and asked if I could fly a plane.
Susan Sontag was someone who had astonishing insights into our collective situations. Here is one that I read recently.
Read the first story, published by CounterPunch:
CIA Venezuela Destabilization Memo Surfaces
By James Petras – CounterPunch (28 Nov 2007)
Then read this story from today’s New York Times (top of fol…
China Wins From Credit Crunch Fallout
Special Investigation – London Telegraph (27 Nov 2007)
Just as the United Arab Emirates are bailing out Citigroup, Sony and
Advanced Micro Devices, Inc.:
Dubai Fund Appoints Sony ex-CEO to Advisory Board
By Kiyoshi Takenaka – Reuters (29 Nov 2007)
Arab E…
Talkin’ to America
”Talkin’ to America” is a weekly series of provocative, hard-hitting interviews that is posted in MP3 format on our website each week. We also post interview notes for each interv…
One . . . with courage makes a majority.
~ Andrew Jackson
An excellent strategic overview of the global drain engineered via a
falling dollar…
Dollar’s Fall is Now a Bigger Political Issue Than an Economic One
By Liam Halligan – London Telegraph (25 Nov 2…
Money & Markets
E*Trade Gets Help From Citadel [Must subscribe to read full article.]
By Susanne Craig, et al – Wall Street Journal (29 Nov 2007)
China’s Hong Kong Pilot Stock Plan Will Proceed, …
I just installed a freezer, bought my first lamb and quarter calf from
two local farmers, and joined the Farm to Consumer Legal Defense Fund
through the Weston Price Foundation where Solari is already…
Northern Norway Towns Lose $167MM on CitiCorp InvestmentsÂ
Townships Caught up in International Credit Crisis
By Nina Berglund – Aftenpolten News from Norway (20 Nov 2007)
Will Investigate Invest…
PROJECT ON GOVERNMENT OVERSIGHT – The nonprofit watchdog journalism organization the Center for Public Integrity published “Windfalls of War II.” Here are some of the Center’s key findings:
– U.S. g…
Largest study on angel investing is released by the Kauffman Foundation and Angel Capital Education Foundation.
From the Press Release:
The largest study on the financial returns of angel investors…
Update from Kiva on my current loan . . .
Francisco is doing well. He is working hard at both of his businesses everyday. He has finished all payments on his first loan despite a huge setback; he …
Meet Andrew Cuomo:
Andrew was Secretary of the US Department of Housing and Urban Development overseeing the largest mortgage insurance and securities operation in the world when it “los…