US: Record 1 in 6 Americans in Government Anti-Poverty Programs

The Greatest Depression!WASHINGTON (USA TODAY) — Government anti-poverty programs that have grown to meet the needs of recession victims now serve a record one in six Americans and are continuing to expand.More than 50 million Americans are on Medicaid, the federal-state program aimed principally at the poor, a survey of state data by USA TODAY [...] continue reading world news

Gates Foundation Buys 500,000 Monsanto Shares … And Here Is Why!

And here is why the ‘noble‘ Gates Foundation bought Monsanto shares!!!:- RED ALERT: Dr. Rima E. Laibow On The Food Safety Bill (S 510): This Bill Eliminates All Local Farming, Organic Farmers and Garden FarmersWell, well, well. It’s about time. Kind of like when Fox News gave $1 million in campaign contributions to Republicans. It [...] continue reading world news

‘INSIDE JOB’ Official Trailer in HD!

Added: 23. August 2010From Academy Award® nominated filmmaker, Charles Ferguson (”No End In Sight”), comes INSIDE JOB, the first film to expose the shocking truth behind the economic crisis of 2008. The global financial meltdown, at a cost of over $20 trillion, resulted in millions of people losing their homes and jobs. Through extensive research [...] continue reading world news

US Home Sales in July: Record Drop Of 27 Percent, The Largest Monthly Drop On Record

THE GREATEST DEPRESSION!Sales of previously occupied homes, like this one in Springfield, Ill., plunged last month to the lowest level in 15 years, despite the lowest mortgage rates in decades and bargain prices.WASHINGTON — Sales of previously occupied homes plunged last month to the lowest level in 15 years, despite the lowest mortgage rates in [...] continue reading world news

Federal Reserve Seeks Delay of Bank Data Release While Considering Appeal

See also:- Investigative Reporter Mark Pittman Responsible For Bloomberg News Lawsuit Against The Federal Reserve Dies At 52 (Bloomberg)- Judge: Federal Reserve Must Release Reports on Emergency Bank Loans (Bloomberg by Mark Pittman)- Federal Reserve Refuses to Disclose Recipients of $2 Trillion (Bloomberg by Mark Pittman)Aug. 26 (Bloomberg) — The Federal Reserve Board sought to [...] continue reading world news

Gulf claims chief Ken Feinberg says BP no-sue rule was his idea, takes control of BP’s $20bn fund

Oil spill claims tsar Ken Feinberg takes control of BP’s $20bn fundObama’s former pay tsar Kenneth FeinbergBP’s $20bn (£12.9bn) compensation and clean-up fund officially opened for business on Monday as Ken Feinberg, the man in charge of the process, said he was behind a decision to limit successful claimants from suing the British oil giant. [...] continue reading world news

Ron Paul Calls for Audit of US Gold Reserves

“If there was no question about the gold being there, you think they would be anxious to prove gold is there,” said U.S. Rep. Ron Paul of the Federal Reserve.Editor’s Note: Catch Dr. Ron Paul at the upcoming Kitco Metals eConference September 12-13, 2010. A not-to-be missed event featuring Marc Faber, James Dines and other [...] continue reading world news

US Cities Sell Parking, Airports, Zoo To Help Closing Budget Gaps

Facing Budget Gaps, Cities Sell Parking, Airports, Zoo Dallas privatized the operation of its zoo and now wants to sell the Farmers’ Market and Fair ParkCities and states across the nation are selling and leasing everything from airports to zoos-a fire sale that could help plug budget holes now but worsen their financial woes over [...] continue reading world news

US: Bankruptcies Reach Nearly 5-Year High

U.S. bankruptcy filings have reached the highest level since 2005, government data released on Tuesday show, as the economy slows and the unemployment rate hovers just below double digits.There were 422,061 bankruptcy filings between April and June, according to the Administrative Office of the U.S. Courts, up 9 percent from 388,148 in the prior three-month [...] continue reading world news

Nearly 50 Percent leave Obama Mortgage-Relief Program

WASHINGTON — Nearly half of the homeowners who enrolled in the Obama administration’s flagship mortgage-relief program have fallen out.A new report issued Friday by the Treasury Department said that approximately 630,000 people who had tried to get their monthly mortgage payments lowered through the effort have been cut loose through July. That’s about 48 percent [...] continue reading world news

The No.1 Trend Forecaster Gerald Celente: And Now We’re Headed For The GREATEST Depression

The fake “recovery” was nice while it lasted, says famous apocalyptic forecaster Gerald Celente, founder of the Trends Research Institute. But now the fun’s over, and we’re headed for what Celente describes as the “Greatest Depression.”Specifically, the always startling Celente says the country is headed for rising unemployment, poverty, and violent class warfare as the [...] continue reading world news

US: Jobless Claims Jump to Highest Level Since November

The Greatest Depression is here.- US: Bankruptcies Reach Nearly 5-Year High- US Cities Face Up To MASSIVE Cuts- Why the US is as busted as a busted flush - IMF analysis suggests the US is fiscally bankrupt- John Williams: ‘Times That Try Our Souls’ (U.S. Bankruptcy - Hyperinflation - Great Depression), Preparedness Can Save Your [...] continue reading world news

George Soros Dumps US Equities - Did He Buy Even More Gold?

For months now insiders have sold their stocks and the elite puppet financier heavyweight George Soros also slashed his exposure to US equities.Before George Soros told us that: “The ultimate asset bubble is gold.”But look what the did after telling us about the ‘gold bubble’:- George Soros not only doubled his gold investment, but also [...] continue reading world news

Bank of England Governor Mervyn King warns that Britons face higher inflation for longer

Mervyn King ‘nuked’ the UK by using what economists call the ‘nuclear option’ (=quantitative easing = printing money = creating money out of thin air = increasing the money supply = inflation = hidden tax on monetary assets = theft) …- Bank of England extends quantitative easing to £200 billion (Guardian)… and now he warns [...] continue reading world news

Harvard University Fund Sells All Israel Holdings

No reason for the sale was mentioned in the report to the SEC.In another blow to Israeli shares, the Harvard Management Company notified the US Securities and Exchange Commission (SEC) on Friday that it had sold all its holdings in Israeli companies during the second quarter of 2010. No reason for the sale was mentioned. [...] continue reading world news

UAE Traders Import At Least 5 Tonnes Of Fake Gold, With a Minimum Loss of $ 200 Million

Gold imported into the UAE by traders and investors turned out to be fake on closer inspectionGold imported into the UAE by traders and investors turned out to be fake on closer inspection. (FILE)Several tons of gold imported into the UAE by traders and investors turned out to be fake on closer inspection, resulting in [...] continue reading world news

Afghanistan Discovers 1.8 Billion Barrel Oilfield

KABUL (Reuters) - Afghanistan said on Sunday it had discovered an oilfield with an estimated 1.8 billion barrels in the north of the war-ravaged country, where U.S. and other foreign forces are trying to tame a Taliban-led insurgency.The discovery of the basin between northern Balkh and Shiberghan provinces was made after a survey conducted by [...] continue reading world news

Why the US is as busted as a busted flush - IMF analysis suggests the US is fiscally bankrupt

Prepare for collapse:- John Williams: ‘Times That Try Our Souls’ (U.S. Bankruptcy - Hyperinflation - Great Depression), Preparedness Can Save Your Life:The government is effectively bankrupt. Using GAAP accounting principles, the annual deficit is running in the range of $4 trillion to $5 trillion. That’s beyond containment. The government can’t cover it with taxes. They’d [...] continue reading world news

What the Chinese really think of ‘Man-Made Global Warming’

Low-income coal miners rest before starting their shift in a privately run coal mine close to You Fang Liang, Ningxia Province, north eastern China (EPA)One of the great lies told us by our political leaders in order to persuade us to accept their swingeing and pointless green taxes and their economically suicidal, environmentally vandalistic wind-farm [...] continue reading world news

Judge Napolitano on Freedom Watch With Ron Paul, Lew Rockwell, Justin Raimondo And Gerald Celente

Listen to Gerald Celente America!Rome is burning:- John Williams: ‘Times That Try Our Souls’ (U.S. Bankruptcy - Hyperinflation - Great Depression), Preparedness Can Save Your LifeSo what have the elitists planned for the US? Total collapse and/or WW III? - Former CIA And Military Officials To Obama: Israel Prepares To Attack Iran This MonthPart 1 [...] continue reading world news

John Williams: ‘Times That Try Our Souls’ (U.S. Bankruptcy - Hyperinflation - Great Depression), Preparedness Can Save Your Life

Highly recommended reading.The Greatest Depression is here. When Fed Chairman Ben Bernanke admits to seeing an “unusually uncertain” economy ahead, it’s pretty terrifying to imagine what he’s really thinking. What John Williams envisions-and he’s by no means looking to the far horizon-is a systemic collapse, a hyperinflationary great depression and the cessation of normal commerce. [...] continue reading world news

HP CEO Mark Hurd gets about $28 million in cash and stock just to walk away

SAN FRANCISCO (AP) — The ouster of Hewlett-Packard Co.’s CEO leaves a hole in the world’s largest technology company.Mark Hurd engineered a stunning turnaround of the Silicon Valley stalwart. Under Hurd, HP has spent more than $20 billion on acquisitions to transform itself from a computer and printer maker dependent on ink sales for profits [...] continue reading world news

Gulf Oil Blowout: Matt Simmons Was Right!

Matt Simmons died today:- Matt Simmons Dies In An ‘Accidental Drowning’ At His Home1 of 4:2 of 4:3 of 4:4 of 4:See also:- Matthew Simmons: ‘We’ve Now Killed The Gulf Of Mexico’: “What we don’t know anything about is the open hole which is caused by the drill bit when it tossed the blow-out preventer [...] continue reading world news

WHAT A GOVERNMENT CAN DO WITH ITS OWN BANK!

THE REMARKABLE MODEL OF THE COMMONWEALTH BANK OF AUSTRALIAThe US Federal Reserve is as federal as Federal Express and there are no reserves. The Federal Reserve has been founded in secret and is privately owned by elite criminals.Virg Bernero, the mayor of Lansing, Michigan, just won the Democratic nomination for governor of his state, making [...] continue reading world news

US Job Losses In July Are Double Expected Figure

There is no recovery! This is the Greatest Depression.- US: Food stamp Use Hit Record 40.8 Million in May• American firms shed 131,000 jobs in July• UK thinktank warns British ‘depression’ will last until 2012 Job seekers speak with recruiters during a career fair in Chicago but there are fears that a recovery in the [...] continue reading world news

Richard C. Cook: 2010 - Humanity’s Choice as Foreseen by Rudolf Steiner

Richard C. Cook (born October 20, 1946) is a former U.S. federal government analyst, who was instrumental in exposing White House cover-ups regarding the Space Shuttle Challenger disaster of 1986. As a witness to the incident and a participant in the subsequent investigations, Cook provided key document to The New York Times and testified before [...] continue reading world news

Goldman Sachs puts aside $3.8 billion for salaries, bonuses and benefits, on top of $5.4 billion in the first three months of the year!

A $550m settlement to make related fraud charges go away is ‘peanuts’ for Goldman Sachs.That alone should have been cause for outrage, but nothing happened.See also: Europe freezes out Goldman Sachs (Guardian):Shocked by past deals with Italy and Greece, governments are excluding the Wall Street bank from sovereign bond salesGoldman Sachs: The bank standing at [...] continue reading world news

Who Really Owns BP?

Added: 11. July 2010 continue reading world news

FDIC Seizes 7 More Banks; US Bank Failures In 2010 Rise To 103

Related article:- FDIC: ‘Problem’ Banks at 775, or 10 Percent of All US BanksThe FDIC is broke … and of course your money is safe and insured up to $250,000. Sure! Trust the government! * Seven small banks closed* Faster pace of failures than 2009WASHINGTON, July 23 (Reuters) - U.S. bank failures reached 103 so [...] continue reading world news

And Now: BP Plans Deep-Water Drilling Off Libya

BP is to begin deep-water drilling off Libya, despite environmental concerns following the Gulf of Mexico spill and an international row over the release of the Lockerbie bomber.BP drilling in Libya comes amid international concerns about Lockerbie (AP)The plans, reported in the Financial Times, come in the shadow of [...] continue reading world news

Almost 3,000 City Banksters Earned More Than £1 Million Last Year

City watchdog finds 170 people with contracts that breach bonus rules as it tries to tighten up pay code The FSA shake-up on bonuses comes after new European rules were introduced. More than 2,800 people in the City took home more than £1m last year, the Financial Services Authority (FSA) revealed today as it prepared [...] continue reading world news

UK: Food Inflation May Rise 10 Percent Before Christmas

Chris Etherington, chief executive of wholesaler P&H, said: “I think this could be the beginning of the double-dip recession. This is really scary stuff.” Again: This is the Greatest Depression! Prepare yourself now.See also: Bank of England’s Mervyn King Warns Over High InflationThe cost of food is likely to jump by up to 10 per [...] continue reading world news