Bolivia Nationalises Electricity Companies Owned By Spanish Utility Iberdrola

- Bolivia nationalises Iberdrola electricity companies (Reuters, Dec 29, 2012): Bolivia nationalised two electricity distribution companies owned by Spanish utility Iberdrola on Saturday, the latest move by leftist President Evo Morales to assert control over the country’s resources. Iberdrola will be compensated according to a valuation to be drawn up by an independent arbiter, Morales [...] continue reading world news

VeteransToday’s Gordon Duff: ‘Unimaginable Number Of Veterans Homeless’ (Video)

Don’t miss: - America’s 75 Economic Numbers From 2012 That Are Almost Too Crazy To Believe - ‘Unimaginable number of veterans homeless’ (PressTV, Dec 30, 2012): American military veterans who have returned from the wars in Iraq and Afghanistan are homeless in “almost unimaginable numbers,” says Gordon Duff, senior editor at Veterans Today. American veterans [...] continue reading world news

Rick Santelli: ‘The Fed Doesn’t Have A Cluee, Neither Does The President, Neither Does Congress’ (CNBC Video)

- Santelli Channels Cramer: “The Fed Doesn’t Have A Clue” (ZeroHedge, Dec 27, 2012): Comparisons of the failure of the TARP vote and the fiscal cliff were summarily dismissed early in this clip – though CNBC’s Rick Santelli does note, as we have vociferously stated that a market correction is the only impetus to get [...] continue reading world news

Government Dependents Outnumber Those With Private Sector Jobs In 11 U.S. States

- Government Dependents Outnumber Those With Private Sector Jobs In 11 U.S. States (Economic Collapse, Dec 26, 2012): America is rapidly becoming a nation of takers.  An increasing number of Americans expect the government to take care of them from the cradle to the grave, and they expect the government to dig into the pockets [...] continue reading world news

Generation Y Wakes Up From The American Dream, Faces An American Nightmare

- Generation Y Wakes Up From The American Dream, Faces An American Nightmare (ZeroHedge, Dec 26, 2012): Three and a half years after the worst recession since the Great Depression, the earnings and employment gap between those in the under-35 population and their parents and grandparents threatens to unravel the American dream of each generation [...] continue reading world news

Eric Sprott: Why Are (Smart) Investors Buying 50 Times More Physical Silver Than Gold?

- Why are (Smart) Investors Buying 50 Times More Physical Silver than Gold? (Sprott Global Resource Investments): By: Eric Sprott As long-time students of precious metals investing, there are certain things we understand. One is that, historically, the availability ratio of silver to gold has had a direct influence on the price of the metals. [...] continue reading world news

UK: Christmas Food Handouts Double

- Christmas food handouts double as millions face ‘financial precipice’ (Guardian, Dec 22, 2012): The number of people who will turn to food banks for sustenance is expected to double this Christmas, as a new report warns that millions more families face a financial “precipice” due to high personal debts, flatlining wages and future interest [...] continue reading world news

Mario Monti Generously Offers To Stay On As Italy’s Unelected Head

- Mario Monti Generously Offers To Stay On As Italy’s Unelected Head (ZeroHedge, Dec 23, 2012): Yesterday, the man planted by Goldman to be Italy’s unelected leader in November 2011, officially stepped down and shortly thereafter his government was dissolved in advance of the February 25, 2013 elections. Yet Monti, under whose helm Italy has [...] continue reading world news

The 12 Charts Recapping The 12 Months Of 2012

- The 12 Charts Recapping The 12 Months Of 2012 (ZeroHedge, Dec 23, 2012) continue reading world news

America’s 75 Economic Numbers From 2012 That Are Almost Too Crazy To Believe

- 75 Economic Numbers From 2012 That Are Almost Too Crazy To Believe (Economic Collapse, Dec 20, 2012): What a year 2012 has been!  The mainstream media continues to tell us what a “great job” the Obama administration and the Federal Reserve are doing of managing the economy, but meanwhile things just continue to get [...] continue reading world news

Silver To Gain 29% In 2013 – Analysts, Traders And Investors

In the last few years gold and silver bottomed out around (directly after) Christmas. The sheeple buy (soon to be) worthless iPhone’s and iPad’s and the elite buys gold and silver. So BTFD!!! - Silver To Gain 29% In 2013 – Analysts, Traders And Investors (ZeroHedge, Dec 20, 2012): … Silver will rise as much [...] continue reading world news

Japan’s Shinzo Abe Prepares To PRINT MONEY For The Whole World (Telegraph)

- Japan’s Shinzo Abe prepares to print money for the whole world (Telegraph, Dec 17, 2012) continue reading world news

Japanese Pension Funds With $3.4 Trillion In Assets Seek Safety In Gold

- Japanese Pension Funds With $3.4 Trillion In Assets Seek Safety In Gold (ZeroHedge, Dec 18, 2012) continue reading world news

Japan’s NO EXIT Strategy

- Japan’s NO EXIT Strategy (Testosterone Pit, Dec 17, 2012): One of my sources in Japan was told about a yearend Bonenkai party where an official from the Ministry of Finance, the most powerful ministry at the core of Japan Inc., had let slip some things, perhaps after one too many drinks. He confirmed the view [...] continue reading world news

The Libor Scandal Link: Fathers Of Shooters Adam Lanza & James Holmes Were To Testify

- Libor scandal grows as the fathers of two mass murderers were to testify (Examiner, Dec 16, 2012): In the wake of the mass murders that took place in Newtown, Connecticut on Dec. 14, information on the shooter, and his family, is slowly being discovered by law enforcement other sources. One interesting connection to the [...] continue reading world news

Chart Of The ‘New Normal’: Ben Bernanke Doubles Down – Literally

- Chart Of The “New Normal”: Ben Bernanke Doubles Down – Literally (ZeroHedge, Dec 16, 2012): The chart below is self-explanatory, and somewhat jaw-dropping… Source: debt to the penny continue reading world news

Keiser Report: Monkeys & Cocaine: HSBC Money Laundering Case – Too Big To Jail (Video)

Excerpt: Full ‘Keiser Report’: (Must-see!) Added: 13.12.2012 Description: In this episode, Max Keiser and Stacy Herbert look at HSBC being fined rather than criminally charged in order to avoid destabilizing the system, while JP Morgan and others are being sued for about a trillion in bad mortgages investors were duped into buying. They also look [...] continue reading world news

Dr. Paul Craig Roberts: Obdurate Washington – ‘The Evil In Washington Is Driving Us Into Nuclear War And Into The Destruction Of Life On Earth’

Paul Craig Roberts was Assistant Secretary of the Treasury during President Reagan’s first term. He was Associate Editor of the Wall Street Journal. He has held numerous academic appointments, including the William E. Simon Chair, Center for Strategic and International Studies, Georgetown University, and Senior Research Fellow, Hoover Institution, Stanford University. Dr. Paul Craig Roberts [...] continue reading world news

Austrian Civil Servant Blows $440 Million In Taxpayer Funds On Risky Derivatives

- Austrian Civil Servant Blows $440 Million In Taxpayer Funds On Risky Derivatives (ZeroHedge, Dec 11, 2012): It is oddly ironic that on the day the US bailout of AIG is complete, and with a “profit” at that, the spin goes, even if the spin ignores that the “profit” was only purchased at the expense [...] continue reading world news

Mother Who Is ‘Better Off On Benefits’ Spends £2,000 On Christmas With 20 Presents For Each Of Her Children

Expensive: Miss Broderick is planning on buying iPads and gold earrings among other gifts for her daughters - Unemployed single mother on benefits who spends £2,000 on Christmas with 20 presents for each of her children (Daily Mail, Dec 11, 2012): While many families are worrying about how to afford Christmas this year, one jobless [...] continue reading world news

Microsoft Avoids Paying £159 MILLION In UK Corporation Tax EVERY YEAR

- Microsoft avoids paying £159MILLION in corporation tax EVERY YEAR using Luxembourg tax loophole (Daily Mail, Dec 10, 2012): Microsoft avoids UK corporation tax on £1.7billion a year in UK revenue Along with other major companies, uses Luxembourg office to legally dodge tax Tech giant claims it ‘fulfills all tax obligations’ Tax activist blast the [...] continue reading world news

Foodstamps Soar By Most In 16 Months: Over 1 Million Americans Enter Poverty In Last Two Months

- Foodstamps Soar By Most In 16 Months: Over 1 Million Americans Enter Poverty In Last Two Months (ZeroHedge, Dec 10, 2012): And we thought last month’s delayed foodstamp data was bad. The just reported foodstamp number for September was a doozy, with 607,544 new Americans becoming eligible for foodstamps, as a record 47.7 million [...] continue reading world news

EUSSR: BRUSSELS IN PLOT TO CONTROL ALL NATIONAL SPENDING

- BRUSSELS IN PLOT TO CONTROL ALL NATIONAL SPENDING (Express, Dec 6, 2012): BRUSSELS will be able to overrule national governments to enforce budget decisions under plans for the eurozone unveiled by chief Eurocrat Herman Van Rompuy last night. The European Union Council chief’s blueprint for financial union risks another row at a Brussels summit [...] continue reading world news

The Greatest Depression Is Here: Europe’s Scariest Chart

… and the ‘Greatest Depression’ will get much worse. - Europe’s Scariest Chart – Update (ZeroHedge, Dec 6, 2012): Despite Draghi’s insistence that ‘significant’ progress has been made, that the ECB’s efforts have not been “killer medicine”, that stocks are higher and spreads are lower (implying the ECB “has already done much that is needed”), [...] continue reading world news

Gun Sales Surge: Smith & Wesson Announces Sales +48%

[ZH: Cue gratuitous (and infamous) Israeli gun-toting woman in bikini] - Gun Sales Surge: Smith & Wesson Announces Sales +48% (ZeroHedge, Dec 6, 2012): I have maintained for quite some time that the only true “consumer confidence” statistic one should look at is that of gun sales.  The bottom line is people do not hoard [...] continue reading world news

Bombshell: Deutsche Bank Hid $12 Billion In Losses To Avoid A Government Bailout

Former CEO of Deutsche Bank Josef Ackermann in 2008 - Bombshell: Deutsche Bank Hid $12 Billion In Losses To Avoid A Government Bail-Out (ZeroHedge, Dec 5, 2012): Forget the perfectly anticipated Greek (selective) default. This is the real deal. The FT just released a blockbuster that Europe’s most important and significant bank, Deutsche Bank, hid [...] continue reading world news

Not The Onion … Jackpot In Italian Lottery: A Supermarket Job!!!

- Tuesday (Not) Humor… Jackpot In Italian Lottery: Supermarket Job (ZeroHedge, Dec 4, 2012): With the Italian economy in its fourth recession in the last ten years and unemployment soaring, a supermarket has come up with a novel way of hiring. According to Germany’s Mittelstands Nachrichten, customers who spend over EUR30 will receive a lottery [...] continue reading world news

Former Greek PM G-Pap’s 89 Year Old Mother Said To Have $700 Million In Swiss Bank Account

- Former Greek PM G-Pap’s 89 Year Old Mother Said To Have $700 Million In Swiss Bank Account (ZeroHedge, Dec 3, 2012): There was a time when Swiss bank secrecy was the passion of every tax-challenged oligarch in the world. Then things changed, Obama made it s badge of honor to rat out anyone you [...] continue reading world news

Ron Paul: Why I Didn’t Run As An Independent (Video)

Must-see! YouTube Added: 30.11.2012 continue reading world news

Nigel Farage On What The Nobel Peace Price Means To The EU (Video)

YouTube Added: 30.11.2012 “The Eurozone is now in a very dark place; economically, socially, politically, and I fear that the countries trapped inside it (in that prison) will be there for many years to come.” See also: - Nigel Farage Slams Nobel Peace Prize Farce As ‘Insurgency And Violence’ Reign Flashback: - Is Obama’s Peace [...] continue reading world news

The Latest Bubble: Hong Kong Parking Space Sells For Double Average US Home Price

- The Latest Bubble: Hong Kong Parking Space Sells For Double Average US Home Price (ZeroHedge, Nov 29, 2012): After recently selling the most expensive per-square-foot residential property in the world recently, the liquidity slooshing around the world has been modestly stymied by Hong Kong’s curbs on home-buying in the world’s most expensive market. But [...] continue reading world news

Obama Vetoes A Carbon Tax—In Europe (WSJ)

- Obama Vetoes a Carbon Tax—in Europe (Wall Street Journal, Nov 27, 2012): At last a levy the White House doesn’t like. President Obama has said he’s going to continue his crusade against carbon energy in a second term, and we believe him. Yet there he was Tuesday signing a bipartisan bill shielding U.S. airlines [...] continue reading world news

The Giant Currency Superstorm That Is Coming To The Shores Of America When The Dollar Dies

- The Giant Currency Superstorm That Is Coming To The Shores Of America When The Dollar Dies (Economic Collapse, Nov 27, 2012): By recklessly printing, borrowing and spending money, our authorities are absolutely shredding confidence in the U.S. dollar.  The rest of the world is watching this nonsense, and at some point they are going [...] continue reading world news

Very Angry Dairy Farmers Hose EU Headquarters And Riot Police With Milk (Video)

YouTube Added: 26.11.2012 Description: Thousands of dairy farmers on Monday protested low prices for their product, choking traffic in the Belgian capital with their tractors and spraying European Union headquarters and police with milk. One group started a fire in the street, but despite some pushing and shoving with police, there was no major violence. [...] continue reading world news

TriHealth Fires 150 Employees For Not Getting Flu Shots!

- TriHealth fires 150 employees for not getting flu shots (WLWT, Nov 22, 2012): Company offered the shots for free CINCINNATI — One of Cincinnati’s largest employers fired approximately 150 employees Wednesday for failing to get a required flu shot.TriHealth offered all of its 10,800 employees free flu shots. Employees had a month to get [...] continue reading world news

Goldman’s Global Domination Is Now Complete As Its Mark Carney Takes Over Bank Of England

See also: - The BBC Profiles Mark Carney, Uses Word “Goldman” Once (ZeroHedge, Nov 26, 2012): It is truly amazing to what lengths the mainstream media will go to avoid talking about what really got Goldman’s former head of the Canadian Central Bank the role of Goldman’s current head of the Bank of England. But [...] continue reading world news

Egyptian Stocks Plunge 9.6% As ‘Islamofascism’ Rises; Clashes Escalate

- Egyptian Stocks Plunge 9.6% As ‘Islamofascism’ Rises; Clashes Escalate (ZeroHedge, Nov 25, 2012): Egyptian stocks cliff-dived by their most since the Arab Spring in January 2011 as Morsi’sreach-for-omnipotence sends concerned ripples through the nation that they have replaced ‘military fascism’ with so-called ‘islamofascism’. Tensions are rising once again in Tahrir Square, but as Russia [...] continue reading world news

Black Friday: ‘Phones On Sale’ – The Stampede Begins (Video)

Wait until the food runs out during the coming financial/economic collapse. - “Phones On Sale” – The Stampede Begins (ZeroHedge, Nov 23, 2012): When Darwin conceived his theory of Natural Selection, he hardly had this in mind, but if it succeeds in eliminating the “less than viable”, well… so be it. YouTube Added: 22.11.2012 continue reading world news

Food Banks In The U.S. Running Low on Supplies … Ominous Sign for 2013

- Food Banks in the U.S. Running Low on Supplies… Ominous Sign for 2013 (ZeroHedge, Nov 22, 2012): This is a very interesting yet ominous article from Reuters about the current food bank situation in these United States.  As a result of the drought this summer the Federal government ended up buying less food than [...] continue reading world news

The Latest Greek ‘Bailout’ In A Nutshell: AAA-Rated Euro Countries To Fund Massive Hedge Fund Profits

- The Latest Greek “Bailout” In A Nutshell: AAA-Rated Euro Countries To Fund Massive Hedge Fund Profits (ZeroHedge, Nov 21, 2012): With constantly changing variables in what will be the fourth and not final Greek bailout, it has been relatively difficult to pinpoint just what the “fulcrum security” is in the ongoing restructuring that is [...] continue reading world news

Hemp Can Save America And The World!

- Hemp Can Save America and the World! (Activist Post, Nov, 19, 2012) continue reading world news

Questions Every American Should Ask (Video)

YouTube continue reading world news

Economic Collapse: Over 100,000 Layoffs Since November 6th

- The Twinkie That Broke The Economy’s Back? (Economic Collapse, Nov 18, 2012): … The following is a partial list of the layoffs and job losses that have been announced since November 6th: Abbott Labs 700 Activision 30 Adventist Health 48 Airlines SAS 6000 AMD 400 American Cotton Growers 110 ArcelorMittal 20 American Independence Museum [...] continue reading world news

Kyle Bass: Fallacies Such As MMT Are ‘Leading The Sheep To Slaughter’ And ‘We Believe War Is Inevitable’

- Kyle Bass: Fallacies Such As MMT Are “Leading The Sheep To Slaughter” And “We Believe War Is Inevitable” (ZeroHedge, Nov 17, 2012): Below are some of the key highlights from Kyle Bass’ latest, and as usual, must read letter: On central banks and the final round of global monetary debasement: Central bankers are feverishly [...] continue reading world news

Twinkies, Ding Dongs Maker Hostess Liquidates Following Failure To Resolve Labor Union Animosity

- Twinkies, Ding Dongs Maker Hostess Liquidates Following Failure To Resolve Labor Union Animosity (ZeroHedge, Nov 16, 2012) continue reading world news

What Does It Mean that Residents in All 50 States Have Filed Petitions to Secede?

- What Does It Mean that Residents in All 50 States Have Filed Petitions to Secede? (ZeroHedge, Nov 16, 2012): A lot of attention is being given to the fact that residents in all 50 states have filed petitions to secede from the United States. Daily Caller reports: By 6:00 a.m. EST Wednesday, more than [...] continue reading world news

Will The Wealthy Race To Dump Stocks And Other Financial Assets Before The Fiscal Cliff Kicks In?

From the article (Famous investor Marc Faber): In fact, Faber is absolutely convinced that a full-blown stock market crash is coming no matter what happens with the fiscal cliff… “I think the whole global financial system will have to be reset and it won’t be reset by central bankers but by imploding markets — either [...] continue reading world news

Biggest Winner From Obama Reelection? ‘Guns And Ammo’

- Biggest Winner From Obama Reelection? “Guns And Ammo” (ZeroHedge, Nov 13, 2012) continue reading world news

The UK’s Most Disturbing Number: Total Unfunded Pension Obligations = 321% Of GDP

- The UK’s Most Disturbing Number: Total Unfunded Pension Obligations = 321% Of GDP (ZeroHedge, Nov 12, 2012): For all our UK readers, who hope some day to collect pension benefits, we have two messages: i) our condolences, and ii) you won’t. Why? The answer comes straight from the ONS: The new supplementary table published [...] continue reading world news

AND NOW: France Invades Switzerland!

- Flash News – France Invades Switzerland! (ZeroHedge, Nov 11, 2012): There are some interesting implications behind a story that is out this weekend. I found the details (that have come out so far) of interest. The IRS of France, the National Directorate Of Tax Investigations (DNEF), has covertly sent agents into Switzerland to pursue [...] continue reading world news

Gold And The Potential Dollar Endgame

- Gold And The Potential Dollar Endgame (ZeroHedge, Nov 10, 2012): Part 1 of 3: What supply and demand? It’s all stock to flow these days. Reading our title has us convinced that somewhere our college economics professors are hanging their heads in shame with all of those x and y graphs scribbled to no [...] continue reading world news

Samsung S3 Overtakes iPhone As World’s Best-Selling Smartphone

Both smartphones will destroy your health: - Italy’s Supreme Court: Mobile Phones Can Cause Brain Tumors - Former Royal Navy Microwave Weapons Expert And UK Intelligence Services Agent Dr. Barrie Trower: Dangers And Lethality Of Microwave Technology (Video – 2:19:36) More links are down below. - Samsung S3 Overtakes iPhone As World’s Best-Selling Smartphone (ZeroHedge, [...] continue reading world news

When $0.99 Becomes Unaffordable, We Have A Problem (Chart Of The Day)

… and we certainly do have more than one problem. This is the ‘Greatest Depression’. - Chart Of The Day: When $0.99 Becomes Unaffordable, We Have A Problem (ZeroHedge, Nov 8, 2012): Earlier today, fast food juggernaut McDonalds reported same store sales for the month October. At -1.8%, this number was well below expectations of [...] continue reading world news

Famous Investor Marc Faber’s Asset Protection Plan: ‘Buy A Machine Gun’, No Really, ‘You’re Right, Buy A Tank’ (Video)

- Marc Faber’s Asset Protection Plan: “Buy A Machine Gun”, No Really, “You’re Right, Buy A Tank” (ZeroHedge, Nov 7, 2012): Trish Regan and Adam Johnson do their best to hold themselves together in this sublime rant by ‘Gloom, Boom & Doom’s Marc Faber on Bloomberg TV as he sees Obama’s re-election as “very negative [...] continue reading world news

Election 2012: How The Winner Will Destroy America

- Election 2012: How The Winner Will Destroy America (ZeroHedge, Nov 6, 2012): Of all the hollow and uninspired elections that this country has suffered through over the past several decades, one might think that at some point long ago the American public would have finally struck a plateau of disenfranchisement; that we could sink [...] continue reading world news

Lockheed Martin To Lay Off 123,000 Employees!!!

- Lockheed Martin to lay off 123,000 and other defense contractors may follow (Tea Party Tribune): President Obama’s administration has asked Lockheed Martin to delay its announcement of the layoffs of 123,000 employees to make the unemployment numbers look much better. Lockheed Martin is one of several defense contractors ready to lay off tens of [...] continue reading world news

‘Trillions Of Dollars Worth Of Stock Certificates And Other Paper Securities That Were Stored In A Vault In Lower Manhattan May Have Suffered Water Damage From Superstorm Sandy’

- Stock certificates feared damaged by Sandy (CNN, Nov 2, 2012): Trillions of dollars worth of stock certificates and other paper securities that were stored in a vault in lower Manhattan may have suffered water damage from Superstorm Sandy. The Depository Trust & Clearing Corp., an industry-run clearing house for Wall Street, said the contents [...] continue reading world news

George Lucas Will Donate Disney $4 Billion To ‘Education’

Flashback: - Walt Disney Satanic Illuminati Co. (Video) - Tom and Jerry: Illuminati Pyramid and Satan Worship (Video) - George Lucas Will Donate Disney $4 Billion To Education (Huffington Post , Nov 2, 2012): George Lucas is ensuring that the force may be with young Jedis everywhere. The “Star Wars” director will donate the $4.05 [...] continue reading world news

USA, Inc. – Part 2: If America Were A Corporation, It Would Be Broke-er

- USA, Inc. – Part 2: If America Were A Corporation, It Would Be Broke-er (ZeroHedge, Nov 1, 2012) continue reading world news

PIMCO’s Bill Gross: ‘Ours Is A Country Of The SuperPAC, By The SuperPAC, And For The SuperPAC’

Elite puppets Obama & Romney 2012! - Bill Gross: “Ours Is A Country Of The SuperPAC, By The SuperPAC, And For The SuperPAC” (ZeroHedge, Nov 1, 2012): Curious why we dedicate precious virtual real estate to periodically bring to you the “billionaires behind the best presidents money can buy“? Bill Gross explains why? Time To [...] continue reading world news

French Brewers Hit By 160% Rise In Beer Tax

See also: - Bilderberg Hollande Defends 75% Tax Rate To A Disillusioned France President Hollande to push through legislation to fund social programmes – but brewers condemn plan as ‘kick in teeth’ Francois Hollande Is Another Bilderberg Stooge (Video) - French brewers hit by 160% rise in beer tax (Guardian, Oct 30, 2012): The French [...] continue reading world news

New York Paralyzed As Subways Shut Down Indefinitely: Subway Chief: ‘Worst Disaster Ever’

- New York Paralyzed As Subways Shut Down Indefinitely: Subway Chief: “Worst Disaster Ever” (ZeroHedge, Oct 30, 2012): As everyone who has been to New York City knows, without its underground arteries – the subway system - the city is if not dead, than certainly in an indefinite coma. By that logic, New York will [...] continue reading world news

Supersonic Fiscal Free Fall

- Supersonic Fiscal Free Fall (ZeroHedge, Oct 27, 2012): From Slope of Hope‘s Sunday favorite BDI, here comes Evil Plan 93.0: Well, my fellow Slope-a-Dopes, I’ve been hearing a lot about the dreaded “Fiscal Cliff” for quite some time now.  So I decided to take a flying frog freelance free fall leap into the woefully [...] continue reading world news

The Spanish Bad Bank Emerges, Confirms Spanish Real Estate Absolute Disaster

- The Spanish Bad Bank Emerges, Confirms Spanish Real Estate Absolute Disaster (ZeroHedge, Oct 29, 2012): The details of the Spanish bad bank are being released and it is ugly – far uglier than many had expected. And while the Spanish government expects priovate interest to take some of this massively discounted ‘crap’ off their [...] continue reading world news

Tepco To Force All Employees To Go To Fukushima Several Times A Year For Decontamination, Starting 2013

- [Fukushima conscription started] Tepco will oblige all the employees to go to Fukushima, 100,000ppl/y in total. (Fukushima Diary, Oct 27, 2012): In the mid-term administration plan, Tepco decided to send all of their employees to Fukushima for decontamination from 2013. They are sent to Fukushima for 2~3 times a year, about 100,000 people in [...] continue reading world news

Vietnamese Banks Who Paid Dividend On Stored Gold, Were Quietly Selling It To Appear Solvent

- Vietnamese Banks Who Paid Dividend On Stored Gold, Were Quietly Selling It To Appear Solvent (ZeroHedge, Oct 26, 2012): Several months ago, we reported about a troubling development in Vietnam, happy inflationary host of one of the world’s most rapidly devaluing and best named currencies, that in direct refutation of Ben “Gold is not [...] continue reading world news

Since The Peak In 2001, An Hour Of Your Valuable Time Has Never Been Worth Less, Has Lost 81% Of Its Purchasing Power!

- An Hour Of Your Time Has Never Been Worth Less (ZeroHedge, Oct 25, 2012): Whether it’s deleveraging, spare capacity, dollar debasement, productivity gains, or just plain old obesity, in real purchasing power terms, an hour of your time has never been worth less. In the 40 years since Nixon’s 1971 fiat-fiasco, the value of [...] continue reading world news

Agenda 21 – Land Grab In America – Iron Mountain – NWO Fascist Dictatorship – Big Brother – Propaganda – False Science – HAARP (Video)

YouTube Added: 02.08.2012 continue reading world news

Iran Threatens To Halt Crude Exports If Sanctions Intensify (Bloomberg)

- Iran Threatens to Halt Crude Exports If Sanctions Intensify (Bloomberg, Oct 23, 2012): Iran will suspend all oil exports, pushing global crude prices higher, if the U.S. and Europe tighten sanctions further on the OPEC member’s economy, Oil Minister Rostam Qasemi warned. “If you continue to add to the sanctions, we will stop our [...] continue reading world news

2.3 Million Distressed Homes Have Yet To Hit Market

FYI. - 2.3 Million Distressed Homes Have Yet To Hit Market (The Orange County Register, Oct 22, 2012): Just under 2.3 million U.S. homes made up a “shadow inventory” of distressed properties that are likely to hit the housing market in the future, according to Santa Ana-based data giant CoreLogic. That’s down from July 2011, [...] continue reading world news

Stock Market Fragility Fast Approaching ‘Flash Crash’ Levels

- Stock Market Fragility Fast Approaching “Flash Crash” Levels (ZeroHedge, Oct 2012): This past Friday, on the 25th anniversary of Black Monday, Bill Gross warned that in the current centrally-planned market “central bank puts” are the modern day equivalent of “portfolio insurance”, and he is right. By sending complacency to record levels, and essentially forcing [...] continue reading world news

Presenting All The US Debt That’s Fit To Monetize

- Presenting All The US Debt That’s Fit To Monetize (ZeroHedge, Oct 20, 2012): Over the past 4 years the Fed’s strategy in response to the Second Great Depression has been a simple one: purchase record (and now open-ended) amounts of fixed income product (offset by releasing record amounts of reserves in the banking universe [...] continue reading world news

Study: Student Loan Debt Hits Record High – Stunning 37.8 Percent Of Recent Graduates Working In Jobs That Do Not Require A College Degree

- Student loan debt hits record high, study shows (NBC News, Oct 18, 2012): The average college student who graduated in 2011 had $26,600 in student loans, according to a new report, which estimates two-thirds of last year’s college graduates had student loan debt. The average debt is the largest since the Institute for College [...] continue reading world news

Greece Is Not Poor – It Actually Has Massive Untapped Reserves Of Gold, Oil And Natural Gas Worth TRILLIONS OF DOLLARS

- Greece Is Not Poor – It Actually Has Massive Uptapped Reserves Of Gold, Oil And Natural Gas (Economic Collapse, Oct 15, 2012): It turns out that the poster child for the European debt crisis is not actually poor at all.  In fact, the truth is that the nation of Greece is sitting on absolutely [...] continue reading world news

To Fight Hyperstagflation, Greece Will Allow Sale Of Expired Food Products

- To Fight Hyperstagflation, Greece Will Allow Sale Of Expired Food Products (ZeroHedge, Oct 15, 2012): Against a deflationary environment of austerity-driven wage and pension cuts combined with rising unemployment; food, commodity, and fuel prices continue to surge in Greece. The government has taken an unusual step – allowing the sale of expired food at [...] continue reading world news

21 Signs That The Global Economic Crisis Is About To Go To A Whole New Level

- 21 Signs That The Global Economic Crisis Is About To Go To A Whole New Level (Economic Collapse, Oct 14, 2012): The global debt crisis has reached a dangerous new phase.  Unfortunately, most Americans are not taking notice of it yet because most of the action is taking place overseas, and because U.S. financial [...] continue reading world news

Breaking News: Romney’s Bain Capital Exposed As Cash Laundry For Bush Drug Cartel (Video)

- Breaking: Romney’s “Bain Capitol” Drug Front For Bush Cartel (Video) (Veterans Today, Oct 15, 2012): Romney Candidacy Takes Major Blow as Bain Exposed as Cartel Cash Laundry I can’t guarantee the video you will see will save your grandchildren or bring back our freedoms.  What I can guarantee is this:  Anyone who sees this [...] continue reading world news

Loyalty’s For Chumps On The Street: Bankers’ Man In 2008, Obama’s Been Dumped By The Money Men

- Loyalty’s for Chumps on The Street: Bankers’ Man in 2008, Obama’s been Dumped by the Money Men (This Can’t Be Happening, Oct 11, 2012) continue reading world news

The Bears Explain How The Rich Get Richer (Video)

- The Bears Explain How The Rich Get Richer (ZeroHedge, Oct 12, 2012): In an attempt to break the now ubiquitous narrative that “its all about income tax rates”, and to challenge the ridiculous new support for QEternity; ‘The Bears’ that brought you ‘The Bernank’ are back. In this cartoon, they explain how the bailouts [...] continue reading world news

OECD: Japan Public Debt In ‘Uncharted Territory’ (WSJ)

Related info: -Japanese Ministry of Finance To Japanese Bondholders: YOU’RE SCREWED!!! - Bank Of Japan Increases Asset Purchases By Y10 Trillion, Total Program Now Y80 Trillion, Total Debt Still Y1 Quadrillion - Bond Wars: Chinese Advisor Calls For Japanese Bond Dump (… Leading To A Long Anticipated Japanese Bond Market Collapse) - Japan’s Debt Crisis [...] continue reading world news

S&P Cuts Spain Credit Rating To Near Junk

- S&P cuts Spain credit rating to near junk (Reuters, Oct 11, 2012): Standard & Poor’s on Wednesday cut Spain’s sovereign credit rating to BBB-minus, just above junk territory, citing a deepening economic recession that is limiting the government’s policy options to arrest the slide. The S&P downgrade comes with a negative outlook reflecting the [...] continue reading world news

European Banks Need To Sell Up $4.5 TRILLION In Assets In Next 14 Months, IMF Warns

- European Banks Need To Sell Up $4.5 Trillion In Assets In Next 14 Months, IMF Warns (ZeroHedge, Oct 9, 2012): While yesterday it was the sovereigns who suffered the wrath of the IMF’s wholesale growth outlook downgrade (unbeknownst to Christine Lagarde), today it is the turn of the financial sector (which is increasingly being [...] continue reading world news

Gold In Iran Soars By 23% In One Week As All Currency Transaction Tracking Disappears

- Gold In Iran Soars By 23% In One Week As All Currency Transaction Tracking Disappears (ZeroHedge, Oct 9, 2012): Just over a week ago we we were the first to shed light on the reality of hyperinflation on the ground in Iran – and subtley suggested the whole thing could be watched in real-time. [...] continue reading world news

As Hugo Chavez Wins Presidential Re-election Someone Makes Absolute Killing On InTrade

- As Hugo Chavez Wins Presidential Re-election Someone Makes Absolute Killing On InTrade (ZeroHedge, Oct 7, 2012): Moments ago the Venezuelan Electoral Council (one wonders if the term ‘Hanging Chad’ has a different meaning down there?), announced that with 90% of the votes counted, and an 80.4% turnout, the winner of 54.4% of the vote, [...] continue reading world news

The Largest Economy In The World Is Imploding Right In Front Of Our Eyes

- The Largest Economy In The World Is Imploding Right In Front Of Our Eyes (Economic Collapse, Oct 7, 2012) A devastating economic depression is rapidly spreading across the largest economy in the world.  Unemployment is skyrocketing, money is being pulled out of the banks at an astounding rate, bad debts are everywhere and economic [...] continue reading world news

White House Manipulating The Jobs Data? Unpossible…

- White House Manipulating the Jobs Data? Unpossible… (ZeroHedge, Oct 6, 2012) continue reading world news

EU Sides With Monsanto In ‘GMO Cancer Corn’ Word War

See also: - FIRST LONG-TERM GMO STUDY: Monsanto GMO Corn & Roundup Cause Massive Tumors In Lab Animals (Video) - French Scientists: Monsanto GM Corn Causes Tumors And Severe Liver & Kidney Damage In Rats - Shocking GMO Study: Rats Fed Lifetime Of GM Corn Grow Horrifying Tumors, 70% Of Females Die Early And here [...] continue reading world news

UK: National ‘Virtual ID Card’ Scheme Set For Launch

- National ‘virtual ID card’ scheme set for launch (Is there anything that could possibly go wrong?) (Independent, Oct 4, 2012): Central online identity scheme ‘will be a target for criminals’ The Government will announce details this month of a controversial national identity scheme which will allow people to use their mobile phones and social [...] continue reading world news

Hedge Fund Manager Kyle Bass On The Federal Budget: ‘I Don’t Know How To Fix This’

- Kyle Bass On The Federal Budget: “I Don’t Know How To Fix This” (ZeroHedge, Oct 3, 2012): Hayman Capital’s Kyle Bass is back and cutting through the caustic bullshit that surrounds every waking moment in this kick-the-can world. Dispelling the myth of our ‘deleveraging’ virtue, with global debt having grown from $80tn to over [...] continue reading world news

As Legendary Nurburgring Files For Bankruptcy, Broke Greece Launches Its Own Formula 1 Race Track

- As Legendary Nurburgring Files For Bankruptcy, Broke Greece Launches Its Own Formula 1 Race Track (ZeroHedge, Oct 1, 2012): There is something very wrong with this story. Two months ago, the world’s most legendary race track, Germany’s Nürburgring filed for bankruptcy. As AP wrote then: “Germany’s legendary Nürburgring racetrack and entertainment complex is effectively [...] continue reading world news

Iceland’s Economy Now Growing Faster Than The U.S. And EU After Arresting The Banksters

Related news: - Here Is What Happens If You Do Not Bail Out The Banksters And Avoid Getting Raped By The IMF - Two Thirds Of Icelanders Oppose EU Membership - A Lesson For Europe: Why Iceland Won’t Join The Euro (Video) - Iceland Once Again Tells IMF, UK, Netherlands To ‘Go to Hell’; ‘Ice [...] continue reading world news

How Bad Was The Great Depression? (Video)

And this time it’s the ‘Greatest Depression’. - How Bad Was The Great Depression? (ZeroHedge, Sep 29, 2012): To properly understand the events of the time (and to put them in today’s context), we believe, like the FEE, that it is factually appropriate to view the Great Depression as not one, but four consecutive downturns [...] continue reading world news

Greek Bad Loans Climb To Record 25% Of Total

- Greek Bad Loans Climb To Record 25% Of Total (ZeroHedge, Sep 29, 2012): It appears that in the past few weeks, the number 25% is strange attractor of bad luck for Greece. First, a month ago we learned that Greek unemployment has for the first time ever reached 25%. Now we get to see [...] continue reading world news

14 Signs That The World Economy Is Getting Weaker

- 14 Signs That The World Economy Is Getting Weaker (Economic Collapse, Sep 27, 2012): The United States is not the only one with massive economic problems right now.  The truth is that just about wherever you look around the globe things are getting even worse.  China is experiencing a substantial economic slowdown, and Japan [...] continue reading world news

iRiot: Thousands Of Apple’s Foxconn Workers Clash With Security Guards In China

- Thousands of Foxconn workers clash with security guards in China (WSWS, Sep 25, 2012): Taiwan-based Foxconn, the world’s largest outsourcing electronics manufacturer, had to suspend production at one of its major facilities, in the northern Chinese city of Taiyuan, on Monday following a protest during which 2,000 assembly line workers clashed with 1,500 security [...] continue reading world news

China Buys North Korea’s Gold Reserves As South Korea Increased Gold Reserves By 30 Percent

- China Buys North Korea’s Gold Reserves As South Korea Increased Gold Reserves By 30% (ZeroHedge, Sep 25, 2012): … The IMF reported that various countries continued diversifying into gold in July, some significantly. South Korean gold reserves rose a sharp 16 tonnes for a 30% increase in total gold reserves. Paraguay became the latest [...] continue reading world news

39% Of South African Gold Production Is Now Offline

- 39% Of South African Gold Production Is Now Offline (ZeroHedge, Sep 26, 2012): Over a month ago, when discussing the implications of the South African miner strike that will not end until all local mining companies’ income statements are crippled after succumbing to wage hike demands, we said “Expect more South African mines to [...] continue reading world news

Total Economic Collapse In Greece: One Third Of Athens Businesses Shuttered

- One Third Of Athens Businesses Shuttered (ZeroHedge, Sep 25, 2012): Two weeks ago we showed the human aspect of the absolute economic collapse in Greece (because depression is too light a word to describe what is happening in this globalist vassal collony) when charting Greek unemployment surging by 1% in one month to 24.4%, [...] continue reading world news

iRage: Apple’s FoxConn China Plant Damaged As Riots Resume

- iRage: Apple’s FoxConn China Plant Damaged As Riots Resume (ZeroHedge, Sep 23, 2012) - Report: Riots break out at Foxconn factory in China (NBC News, Sep 23, 2012) continue reading world news

‘What’s Next?’: Explaining The Doomsday Cycle

- “What’s Next?”: Simon Johnson Explains The Doomsday Cycle (ZeroHedge, Sep 22, 2012): There is a common problem underlying the economic troubles of Europe, Japan, and the US: the symbiotic relationship between politicians who heed narrow interests and the growth of a financial sector that has become increasingly opaque (Igan and Mishra 2011). Bailouts have [...] continue reading world news

China’s Delinquent Loans Rise 333% Since End 2011

- China’s Delinquent Loans Rise 333% Since End 2011 (ZeroHedge, Sep 19, 2012): Presented with little comment since our jaws just hit our chest – these stunning headlines from a PWC report: *CHINA TOP 10 LISTED BANKS’ OVERDUE LOANS REACH 489B YUAN END-1H *CHINA OVERDUE LOANS RISE FROM 112.9B YUAN END-2011: PWC *INCREASE IN CHINA [...] continue reading world news

Bank Of America To Fire 16,000 By Year End

- Bank Of America To Fire 16,000 By Year End (ZeroHedge, Sep 20, 2012): Curious why nearly 4 years ago to the day Ben Bernanke and Hank Paulson told Ken Lewis to purchase Merrill Lynch “or else” (but to make sure everyone gets paid their bonuses bright and early with no cuts)? It certainly had [...] continue reading world news

Webster Tarpley: Depression, Dictatorship & WW3 (Video)

FYI. YouTube Added: 17.09.2012 See also: - Former Assistant Deputy Secretary Of State Dr. Steve Pieczenik Drops Bombshell: Israel To Start WW III On Sept. 25 (‘Yom Kippur’) – (Video) - Max Keiser: Total Global Collapse By April 2013! (Video) - Gerald Celente: Criminal Banksters Launching World War III (Video) Flashback: - The Truth About [...] continue reading world news

Panasonic, Canon Shutter China Factories Amid Violent Anti-Japan Protests – 1,000 Chinese Fishing Boats To Arrive Near Senkaku Islands

An anti-Japanese protester throws a gas canister during a demonstration over the disputed Diaoyu Islands in Shenzhen, China, on Sunday. - Panasonic, Canon shutter China factories amid violent anti-Japan protests (MSNBC, 17, 2012): Major electronics firms Panasonic and Canon have temporarily suspended production at factories in China after a territorial dispute over a group of [...] continue reading world news

Japanese Businesses Shuttering Chinese Facilities As Mainland Anger Spreads

- Japanese Businesses Shuttering Chinese Facilities As Mainland Anger Spreads (ZeroHedge, Sep 17, 2012): When you have central planners printing inverse-wealth (because money printing dilution by definition means less wealth for everyone), who needs that cornerstone of old school economics: trade. Certainly not Japan (which has been diluting its futures to prosperity for the past [...] continue reading world news

Janet Tavakoli: Understanding Derivatives And Their Risks (Video)

YouTube Added: 15.09.2012 - Janet Tavakoli: Understanding Derivatives and Their Risks (ZeroHEdge, Sep 15, 2012): Global financial markets are awash in hundreds of trillions of dollars worth of derivatives. By some estimates, the total amount exceeds one quadrillion. Derivatives played a central role in the 2008 credit crisis, as they had a brutal multiplying effect [...] continue reading world news

New Bankster Bailout Disguised As QE3

Latest move represents huge transfer of wealth from the middle class to the elite - New Banker Bailout Disguised As QE3 (Infowars, Sep 14, 2012): While Ben Bernanke’s announcement that the Federal Reserve will embark on an open ended scheme to purchase $40 billion in mortgage-backed securities each month has been touted by the establishment [...] continue reading world news

Marc Faber: ‘Fed Will Destroy The World’ (Video)

- Marc Faber: “Fed Will Destroy The World” (ZeroHedge, Sep 14, 2012): “Everything will collapse” is the consequence Gloom, Boom, & Doom’s Marc Faber sees from the Fed’s latest ‘stimulus’ (and the fallacy and misconception of how money-printing can help employment). In a wondrously clarifying interview on Bloomberg TV this morning, Faber explained why he [...] continue reading world news

As Predicted, Bernanke Launches QE3 to Help the Big Banks … Which Will Destroy the Economy

- As Predicted, Bernanke Launches QE3 to Help the Big Banks … Which Will Destroy the Economy (ZeroHedge, Sep 13, 2012): Image via Max Keiser We predicted last week that Bernanke would launch QE3 this week. Today, the Fed announced that it will buy $40 billion dollars of mortgage-backed securities per month … indefinitely. This [...] continue reading world news

PIMCO’s Bill Gross Sells $30 Billion In Treasurys In August As Total Return Fund Cuts Government Exposure By Over A Third

- Bill Gross Sells $30 Billion In Treasurys In August As Total Return Fund Cuts Government Exposure By Over A Third (ZeroHedge, Sep 12, 2012) See also: - PIMCO’s Bill Gross (‘The King Of Bonds’): Buy Gold, Not Bonds (Video) continue reading world news

No Dead Cat Bounce In Spanish Home Price Which Collapse 12% In August

- No Dead Cat Bounce In Spanish Home Price Which Collapse 12% In August (ZeroHedge, Sep 11, 2012) continue reading world news

India’s Second Largest Iron-Ore Miner Halts All Activity

- India’s Second Largest Iron-Ore Miner Halts All Activity (ZeroHedge, Sep 10, 2012): While the plight of precious metal mining in the 3rd largest gold producer in the world has been well-documented here, as on ongoing strike in various South African mines has crippled precious metal supply, so far the mining shut down had not [...] continue reading world news

Real Unemployment Rate Hits 11.7% As Spread Between Reported And Propaganda Data Hits Record

– Real Unemployment Rate Hits 11.7% As Spread Between Reported And Propaganda Data Hits Record (ZeroHedge, Sep 7, 2012): Today’s reported unemployment rate: 8.1%. The reason: the labor “participation” dropped to a 31 year low 63.5% as reported earlier. Of course, this number is pure propaganda, and makes no sense for one simple reason: despite [...] continue reading world news

China: Pharmaceutical Manufacturers Caught Using ‘Gutter Oil’ To Make Antibiotics

- Chinese pharmaceutical manufacturers caught using ‘gutter oil’ to make antibiotics (Natural News, Sep 9, 2012): As China continues to rise as the new Asian powerhouse, there has been a steady stream of reports which have detailed the country’s staggering lack of standards when it comes to producing manufactured goods, so it was only mildly [...] continue reading world news

Delusional Reality: Everything Peddled By Politicians, Media, Banks And TV Is A Fiction

- Delusional reality: Everything peddled by politicians, media, banks and television is a fiction (Natural News, Sep 6, 2012): The “War on Terror” is a complete fabrication. There is no terrorism other than what the government creates in order to sell its agenda of a police state takeover. Click here to read Paul Craig Roberts’ [...] continue reading world news

Financial Markets Cheer The Death Of The Bundesbank (Welt, Sep 6, 2012) – Bundesbank Text: Weidmann Reiterated Bond-Buy Criticism

- Bundesbank Text: Weidmann Reiterated Bond-Buy Criticism (Financial Market News, Sep 6, 2012): FRANKFURT (MNI) – The following is a statement issued by the Bundesbank on Thursday: “In the most recent discussions, as before, Bundesbank President Jens Weidmann reiterated his frequently substantiated critical stance towards the purchase of government bonds by the Eurosystem. He regards [...] continue reading world news

Record 46.7 Million Americans On Food Stamps

Before: - 46.5 Million Americans, Record 22.3 Million US Households, On Foodstamps – 8,753,935 On Disability - Food-Stamp Use Climbs to Record, Reviving Campaign Issue (Bloomberg, Sep 4, 2012): Food-stamp use reached a record 46.7 million people in June, the government said, as Democrats prepare to nominate President Barack Obama for a second term with [...] continue reading world news

803 Years Of Global Inflation (Chart Of The Day)

- Chart Of The Day: 803 Years Of Global Inflation (ZeroHedge, Sep 4, 2012): Spot the point in this 803 year timeline of world inflation, when the Fed was created. The chart above comes courtesy of Jim Reid’s fantastic “Journey into the Unknown” which we will dissect in much more detail shortly. For now we [...] continue reading world news

18 Indications That Europe Has Become An Economic Black Hole Which Is Going To Suck The Life Out Of The Global Economy

- 18 Indications That Europe Has Become An Economic Black Hole Which Is Going To Suck The Life Out Of The Global Economy (Economic Collapse, Sep 3, 2012): Summer vacation is over and things are about to get very interesting in Europe.  Most Americans don’t realize this, but much of Europe shuts down for the [...] continue reading world news

Spain: For Whom The Bell Now Tolls

- Spain: For Whom The Bell Now Tolls (ZeroHedge, Sep 2, 2012): Via Mark J. Grant, author of Out of the Box,“It is an old saying; the Devil lurks behind the cross. All is not gold that glitters. From the tail of the plough, Bamba was made King of Spain; and from his silks and [...] continue reading world news

Former Managing Director Of Monsanto India: ‘Introducing Genetically Modified Seeds Is Murder!’ (Video)

YouTube Added: 30.08.2012 Description: Watch on youtube here: http://www.youtube.com/watch?v=J1bjdWTFMUM or on journeyman here: http://vodsite.journeyman.tv/store?p=4885 For downloads and more information visit: http://www.journeyman.tv/?lid=63220 Our morning ritual speaks of our love affair with cotton: we throw off crisp cotton sheets, shower and dry ourselves with thick cotton towels, sweep fluffy cotton balls over our face, then slip on [...] continue reading world news

DOE Memo: Bechtel Incompetent To Complete Hanford Nuclear Waste Cleanup

- Bechtel Incompetent To Complete Hanford Nuclear Waste Cleanup: DOE Memo (Forbes, Aug 29, 2012): More than 10 years into the job, Bechtel National Inc. has been described as incompetent to complete the $12.2 billion nuclear waste treatment plant at Hanford, Wa., the nation’s largest radioactive waste site, according to an internal Department of Energy [...] continue reading world news

More Bad News Imminent: August US Auto Production Set To Plunge By Most In 16 Months

- More Bad News Imminent: August US Auto Production Set To Plunge By Most In 16 Months (ZeroHedge, Aug 20, 2012) Over the past several months, many pundits were scratching their heads at the peculiar patterns in summer hiring and layoff trends, which threw all NFP, claims, and JOLTs forecasts in a loop making a [...] continue reading world news

India: 350 Million Families Starve As Politicians Loot $14.5 Billion In Food

- 350 Million Indian Families Starve As Politicians Loot $14.5 BIllion In Food (ZeroHedge, Aug 29, 2012): While The Brits are about to tax their Super-Rich, it appears one of the old colonies remains in full anti-Robin-Hood mode. Nothing surprises us much anymore but this note from Bloomberg too the proverbial biscuit. In the “most [...] continue reading world news

Judgment Day For The Euro And What’s At Stake

- Judgment Day For The Euro And What’s At Stake (ZeroHedge, Aug 28, 2012): Hans-Werner Sinn – Judgment Day For The Euro Hans-Werner Sinn is Professor of Economics at the University of Munich and President of the Ifo Institute for Economic Research. He also serves on the German economy ministry’s Advisory Council. Hi… Full profile [...] continue reading world news

China Stocks Drop To Fresh Post-2009 Lows Following Plunge In Industrial Company Profits

- China Stocks Drop To Fresh Post-2009 Lows Following Plunge In Industrial Company Profits (ZeroHedge, Aug 27, 2012): Today the Chinese stock market did something unthinkable: it plunged to fresh post 2009 lows on news so bad they would have been enough to send the stock markets of such “developed” bizarro economies as the US [...] continue reading world news

The Circular Logic And Prayer Tactics Of Draghi Queens, Sinomaniacs, And Other Orwellians

Related info: - The Only ‘Un-Manipulated’ Chart Of The Real Un-Recovery You’ll Ever Need - The Circular Logic And Prayer Tactics Of Draghi Queens, Sinomaniacs, And Other Orwellians (ZeroHedge Aug 25, 2012): We have desperately tried to explain the sheer idiocy of the circular argument of the Fed ‘attemping’ to stimulate fiscal policy by enacting [...] continue reading world news

Mitt Romney Admits To Using Chinese Slave Labor At Bain (Video)

YouTube Added: 24.08.2012 Description: “95% of life is set up for you if you were born in this country. And, I remember going to ah, uh, sorry just to bore you with stories. When I was back in my private equity days, we went to China to buy a factory there. It employed about 20,000 [...] continue reading world news

Many In The Middle Class Say They Are Doing Worse Financially

- Many in middle class say they are doing worse financially (Life Inc., Aug 23, 2012) continue reading world news

Total Economic Collapse: In Thessaloniki (The Second Largest Greek City) An Unprecedented 1250 Companies Have Shut Down In 2012

- The Truth Behind Juncker’s Lies: In The Second Largest Greek City, 1250 Companies Have Shuttered In 2012 (ZeroHedge, Aug 22, 2012): European viceroy of various neo-colonial territories Jean-Claude Juncker, best known for being a self-professed pathological liar, just concluded a press conference in which he did what he does best: lie. Here is a [...] continue reading world news

What 40 Years Of Gold Confiscation By The US Government Looks Like

- What 40 Years Of Gold Confiscation By The US Government Looks Like (Zerohedge, Aug 21, 2012): The chart below, which is a time series showing the total “Gold Held by the US Treasury and the Federal Reserve” (which for all intents and purposes are interchangeable), demonstrates vividly the moment when the US government enacted [...] continue reading world news

Jacob Rothschild, John Paulson And George Soros Are All Betting That Financial Disaster Is Coming

- Jacob Rothschild, John Paulson And George Soros Are All Betting That Financial Disaster Is Coming (Economic Collapse, Aug 20, 2012): Are you willing to bet against three of the wealthiest men in the entire world?  Jacob Rothschild recently bet approximately 200 million dollars that the euro will go down.  Billionaire hedge fund manager John [...] continue reading world news

10 Most Profitable U.S. Companies Paid 9% In Federal Income Taxes

- 10 Most Profitable U.S. Companies Paid 9% in Federal Income Taxes (AllGov, Aug 18, 2012): The largest corporations in the U.S., consisting of oil, retail, banking and technology giants, paid an average of only 9% of their earnings in income taxes to the Internal Revenue Service last year. According to the tax code, companies [...] continue reading world news

Apple Hits New Record North Of $600 Billion In Market Capitalization

- Apple Hits New Record North Of $600 Billion In Market Cap (ZeroHedge, Aug 17, 2012): Update: in the 20 or so minutes since uploading this article, AAPL added another OpenTable in market cap. It has in the course of a day added the same market cap as Linked In and just shy of Sony. [...] continue reading world news

Face-Off: FaceBerg Groupon’d At Half-Off IPO Price

- Face-Off: FaceBerg Groupon’d At Half-Off IPO Price (ZeroHedge, Aug 17, 2012): “And yay verily it was written that as the moon passes thrice through the sky after providing your funds to the IPO-of-the-decade, thou shalt see said funds smite in two…”Faceberg just touched $19, that is a 50% haircut on its IPO launch price [...] continue reading world news

South Africa: Police Kills More Than 30 Striking Miners

- Mine “bloodbath” shocks post-apartheid South Africa (Reuters, Aug 17, 2012): The killing by police of more than 30 striking platinum miners in the bloodiest security operation since the end of white rule cut to the quick of South Africa’s psyche on Friday, with people and the media questioning its post-apartheid soul. Newspaper headlines screamed [...] continue reading world news

Doesn’t Take Much To Get Homebuilders Confident These Days

- Doesn’t Take Much To Get Homebuilders Confident These Days (ZeroHedge, Aug 15, 2012): The National Association of Home Builders just released it latest monthly housing market index, which rose from 35 to 37. As headlines proudly blast, this is the highest level of confidence since February 2007. The NAHB chairman was positively giddy: “From [...] continue reading world news

Amber Gold Derivatives Ponzi Scheme Collapses … Aaaand It’s Gone: This Is Why You Always Demand Physical

- Aaaand It’s Gone: This Is Why You Always Demand Physical (ZeroHedge, Aug 14, 2012): We have said it over and over, we’ll say it again. For all those who for one reason or another would like to boycott the broken markets, yet trade gold in paper form, please understand that all the invested capital [...] continue reading world news

Mitt Romney Would Have Paid Almost Nothing In Taxes Under Paul Ryan’s 2010 Budget

- Mitt Romney Would Have Paid Almost Nothing In Taxes Under Paul Ryan’s 2010 Budget (Huffington Post, Aug 13, 2012): Vice presidential candidate Paul Ryan’s assertion that programs like Medicare and Social Security are staring at bankruptcy did not stop the Wisconsin congressman from once proposing a federal budget that would have eliminated virtually all [...] continue reading world news

AUSTERITY In Italy: Record Government Debt Load Now At €1.973 TRILLION – Debt Growth Surges To Record €9.5 Billion Per Month

- Italy’s Latest Record Debt Load: Bigger, Faster, More Italy just announced its all-time record high general government debt load at EUR 1.973 trillion. What is perhaps most stunning, given all the talk of austerity, cutting back, reforms, and change is that the size of this debt is growing at an ever-increasing pace that is [...] continue reading world news

On GRExit, SPAilout, And Draghi’s White Knight

- On GRExit, SPAilout, And Draghi’s White Knight (ZeroHedge, Aug 13, 2012): Via Mark E. Grant, author of Out of the Box, “There was a free lunch just once. It was when Eve gave the apple to Adam and we all know how that turned out.” -The Wizard As I stare out at the Maginot [...] continue reading world news

Belgian National Bank Governor Gets It: Bailing Out Spain ‘Makes No Sense’

- Belgian National Bank Governor Gets It: Bailing Out Spain “Makes No Sense” (ZeroHedge, Aug 11, 2012): A week ago we explained quite clearly why instead of encouraging self-defeating, short-termist behavior by promising to save Europe’s insolvent countries if and when needed, which does nothing to resolves Europe’s problems and make it worse in exchange [...] continue reading world news

Presenting The Obama Regime Master Plan: Bailout Everyone (Video)

You can’t make this stuff up! - Obama’s Master Plan: Bailout Everyone (ZeroHedge, Aug 9, 2012): A 40% loss of post-IPO market-cap, channel-stuffing largesse, contract-law destruction, and all with tax-payer backing. That is what the Bailout’er-in-chief has in mind for every manufacturing company in the US. As Politico reports this evening, President Obama gave a [...] continue reading world news

Economic Collapse: Life In Reno, Nevada

- The Sobering Reality Of What Life Is Like In Reno, Nevada (Economic Collapse, Aug 8, 2012)_ What do you do when the city where you live is dying?  All over the United States formerly great cities are crumbling, but some are definitely in worse shape than others.  One reader recently wrote to me about [...] continue reading world news

Greece Now Prints It’s Own Euros, The ECB Approves, The Bundesbank Nods: No One Wants To Get Blamed For Kicking Greece Out

- Greece Prints Euros To Stay Afloat, The ECB Approves, The Bundesbank Nods: No One Wants To Get Blamed For Kicking Greece Out (ZeroHedge, Aug 8, 2012): A lot of politicians in Germany, but also in other countries, issue zingers about a Greek exit from the Eurozone and the end of their patience. But those [...] continue reading world news

President Francois Hollande Vows To Impose 75 Percent Tax On Income Above €1 Million Per Year (New York Times)

Flashback: - Francois Hollande Is Another Bilderberg Stooge (Video) - French Front-Runner Pledges 75% Tax Bracket (Wall Street Journal): PARIS—French presidential front-runner François Hollande said taxpayers earning over €1 million ($1.35 million) a year would be subjected to a special 75% tax bracket should he be elected, underscoring heightened interest across Europe in raising taxes [...] continue reading world news

Lieborgate’s Next Casualty: Bob Diamond’s Daughter

- Lieborgate’s Next Casualty: Bob Diamond’s Daughter (ZeroHedge, Aug 6, 2012) continue reading world news

Banksters Arrested In Iceland, Ireland, UK, USA, Switzerland, India, France, Russia, Austria … (Video)

YouTube Added: 29.07.2012 Description: The rest of the story: 1. Take Action And Put Bankers Behind Bars. LIBOR and more “In Your Face” Bankers Crimes – http://youtu.be/KkWrssQoNKA 2. BANKERS BEHIND BARS – YOUR ACTION REQUIRED – SIGN THE PETITION AND MAKE VIDEO VIRAL – LIBOR AND MORE – http://youtu.be/VcOUe0e8WKo 3. 600+ AND COUNTING WORLDWIDE BANKERS [...] continue reading world news

‘Eurozone Crisis: The Bankers Are Happy To Play Nero As Europe Burns’ (Guardian)

Not just one generation will be thrown into poverty. To prop up the euro – whose survival is vital only for the banks’ balance sheets – a generation is thrown into poverty In Athens, Angela Merkel is seen handcuffed on the cover of the magazine Crash. The headline demands that European leaders be ‘tried for [...] continue reading world news

What Do Swiss Bonds Know That Nobody Else Does?

- What Do Swiss Bonds Know That Nobody Else Does? (ZeroHedge, Aug 3, 2012): On the surface all is well, stocks are soaring, the EURUSD is up solidly, and euphoria is back, or that is at least what is being telegraphed. So why is the single biggest unmanipulated flight to safety flag (defined by us) [...] continue reading world news

AND NOW: The Fed’s Gold Is Being Audited … By The US Treasury

- The Fed’s Gold Is Being Audited… By The US Treasury (ZeroHedge, Aug 2, 2012): When we started reading the LA Times article reporting that “the federal government has quietly been completing an audit of U.S. gold stored at the New York Fed” we couldn’t help but wonder when the gotcha moment would appear. It [...] continue reading world news

MSM Reporter Tells The Truth About Audit The Fed And The Creation Of The Federal Reserve (Video)

“I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the [...] continue reading world news

Chinese Ultra-Luxury Car Bubble Pops As 1 Year Old Used Lamborghini Gallardo Sells 70% Off Sticker

- Chinese Ultra-Luxury Car Bubble Pops As 1 Year Old Used Lambo Gallardo Sells 70% Off Sticker (ZeroHedge, July 31, 2012): Rumors are circulating that reports of the demise of the Chinese auto market may be exaggerated now that even David Einhorn is forced to defend his GM long (because it “has a strong cash [...] continue reading world news

Max Keiser Talks About Bailouts In 60 Seconds (Video)

YouTube Added: 28.07.2012 continue reading world news

Marie-Monique Robin: ‘Unser täglich Gift’ – ‘Notre Poison Quotidien’ (Documentary – Full Length – In German And French)

Must-see … for those who understand German and/or French. Unser täglich Gift YouTube Notre Poison quotidien YouTube continue reading world news

‘Recovery’ 2012: 17 Reasons

Flashback: - Welcome to the Recovery (New York Times, by Timothy Geithner, August 2, 2010) - 17 Reasons Why Those Hoping For A Recession In 2012 Just Got Their Wish (Economic Collapse, July 26, 2012): If you were hoping for a recession in 2012, then you are going to be very happy with the numbers [...] continue reading world news

Neil Barofsky On Timothy Geithner: ‘We Should See People In Handcuffs’ (Video)

- Barofsky On Geithner: “We Should See People In Handcuffs” (ZeroHedge, July 26, 2012): There is no point in recapping the ongoing vendetta between former SIGTARP Neil Barofsky and former head of the NY Fed, and current Treasury secretary and resident TurboTax expert Tim Geithner. One need but follow the former on Twitter for a [...] continue reading world news

Greece To Run Out Of Money And Go Bankrupt By August 20

Greece may run out of money and go bankrupt by Aug 20, a British government analysis of the ongoing eurozone crisis has warned. - Debt crisis: Greece to run out of money by August 20 (Telegraph, July 24, 2012): The beleaguered country will have to refinance billions of euros worth of government bonds in less [...] continue reading world news

Why Is Our Food Being Made And Modified By The World’s Largest Pesticide Manufacturer?

Artist Unknown continue reading world news

Spain: It’s The Greatest Depression, Stupid! – ‘Sadly, The Nightmare In Spain Is Just Beginning.’

From the article: #10 The unemployment rate in Spain is up to an astounding 24.6 percent. The unemployment rate in Spain is already higher than it was in the United States at the peak of the Great Depression of the 1930s. #11 The youth unemployment rate in Spain is now over 52 percent. That is [...] continue reading world news

Keiser Report: Financial Feeding Frenzy (Video)

YouTube Added: 24.07.2012 continue reading world news

US Poverty Rate Projected To Hit Highest Level Since ’60s

- US poverty rate projected to hit highest level since ’60s (Boston Globe, July 23, 2012): WASHINGTON — The ranks of America’s poor are on track to climb to levels unseen in nearly half a century, erasing gains from the war on poverty in the 1960s amid a weak economy and fraying government safety net. [...] continue reading world news

IMF Set To Kick Out Greece

Got PHYSICAL gold and silver? - No More Mr. Nice Guy As IMF Set To Kick Out Greece (ZeroHedge, July 22, 2012): It appears that following the resignation letter fiasco from Friday, the venerable IMF is trying to regain some level of credibility in the world. In a note obtained by SPIEGEL, senior IMF officials [...] continue reading world news

The Financial Crisis Was Foreseeable … Thousands Of Years Ago!

- The Financial Crisis Was Foreseeable … Thousands of Years Ago (ZeroHedge, July 20, 2012): We’ve known for 4,000 years that debts need to be periodically written down, or the entire economy will collapse. And see this. We’ve known for 2,500 years that prolonged war bankrupts an economy. We’ve known for 1,900 years that rampant [...] continue reading world news

Matt Taibbi On Democracy Now! – Libor Rate-Fixing Scandal ‘Biggest Insider Trading You Could Ever Imagine’ … And More (Video)

Must-see! - Taibbi on Democracy Now! LIBOR and More (Rolling Stone, July 19, 2012): Visited with old friends Amy Goodman and Juan Gonzalez on Democracy Now! this morning. The topic was LiBOR, although there is a second segment that will be appearing online that covers the muni bid-rigging case as well. One editorial note: I [...] continue reading world news

Keiser Report: Cotton Candy Fraud (Video)

YouTube Added: Jul 17, 2012 Description: In this episode, Max Keiser and co-host, Stacy Herbert, discuss how market participants are never more than a few milliseconds away from the next act of fraud and how a teaspoon of collateral leads to economic martial law. They also discuss German economists proposing that the wealthy be forced [...] continue reading world news

Gold ‘Divine’ As Chinese Sell Wine

- Gold ‘Divine’ As Chinese Sell Wine (ZeroHedge, July 16, 2012) continue reading world news

Sicily Is San Bernardino: With First Italian Region On Verge Of Default, Montius Pilate Washes His Hands

- Sicily Is San Bernardino: With First Italian Region On Verge Of Default, Montius Pilate Washes His Hands (ZeroHedge, July 17, 2012): Buried deep in the newsflow from Ben Bernanke is the following piece of very critical news for anyone who is still long Italian bonds: namely that Italy may not be Spain, or Uganda, [...] continue reading world news

These 12 Hellholes Are Examples Of What The Rest Of America Will Look Like Soon

- These 12 Hellholes Are Examples Of What The Rest Of America Will Look Like Soon (The Economic Collapse, July 15, 2012): Do you want to see where this country is headed?  If so, don’t focus on the few areas that are still very prosperous.  New York City has Wall Street, Washington D.C. has the [...] continue reading world news

Art Of Investment: Germans Go On A Spending Spree, Opt For Luxury Amid Crisis … Fearing The Euro Collapsing (Video)

YouTube Added: 15.07.2012 Description: Despite the European financial crisis, Germans are spending great amounts of money on luxury goods. With the euro’s future uncertain, Germans are buying into the idea that saving is wasting. They are investing their money in real estate, art and jewelry, which they consider to be more durable. They are also [...] continue reading world news

Team USA To Be Decked Out In Uniforms MADE IN CHINA

- Team USA To Be Decked Out in Uniforms Made in China (ABC News, July 11, 2012): ABC News’ Sharyn Alfonsi reports: They are the pride of America – Team U.S.A. – and for the opening ceremonies of the Summer Olympics in London, they’ll be proudly wearing red, white and blue, from beret to blazer. [...] continue reading world news

Scenes Of Despair In Europe And The US

- Scenes Of Despair (The Economic Collapse, July 10, 2012): Sometimes it can be easy to forget that behind all of the horrible economic numbers that we hear about are millions of real people that have had their lives absolutely devastated by this economy.  Elderly couples are being brutally evicted from their homes, young families [...] continue reading world news

Here’s a Corporate Tax Loophole a Porsche Could Drive Through

- Here’s a Corporate Tax Loophole a Porsche Could Drive Through (Daily Finance, July 9, 2012): For years, much of the tax-paying American public has been appalled by the loopholes that U.S. corporations and rich individuals use to reduce their tax liability to the IRS. Elsewhere in the world, those big money players generally abided [...] continue reading world news

Third California City (San Bernardino) Files For Bankruptcy

- San Bernardino Is Third California City to Opt for Bankruptcy (Bloomberg, July 11, 2012): San Bernardino’s City Council voted to become the third California city this year to file for bankruptcy, as it struggles with declining tax revenue, growing employee costs and accounting discrepancies in its ledgers. The council voted 4 to 2, with one [...] continue reading world news

Where The ‘Segregated’ PFG Client Cash Is

See also: - PFG Is Now MFG(lobal) Part 2 As $220 Million In Segregated Client Money Has Just Vaporized - Where The “Segregated” PFG Money Is (ZeroHedge, July 10, 2012): Or rather isn’t. Just in case there is any confusion this morning as to where the “segregated” client cash may have vaporized to… From: “Herb [...] continue reading world news

Warren Buffett Donates $1.52 Billion In Annual Gift To Bill Gates Foundation

See also: - Bill And Melinda Gates Foundation Spends Over $1.1 Million On ‘Galvanic’ Bracelets To Measure Student Engagement - Untested Polio Vaccines Causing New Wave Of Polio-Like Paralysis Across India - Bill Gates Backs Climate Scientists Lobbying For Large-Scale Geoengineering (Guardian) - Microsoft Buys Eugenics Technology From Merck, Becomes Drug Development Partner With Top [...] continue reading world news

Broken America: The Towns Left In Financial Ruin

- Broken America: The towns left in financial ruin (Independent, July 7, 2012): They were hanging up the bunting in Mammoth Lakes this week, celebrating Independence Day in the traditional small-town fashion. First, locals queued up for an eat-all-you-can-eat “pancake breakfast”. Then they took part in a fiercely contested “hot-dog-eating contest”. Finally, after witnessing the [...] continue reading world news

Matt Taibbi & Eliot Spitzer On ‘Cartel-Style Corruption’ Behind Libor Scam: ‘The Mob Learned From Wall Street’ (Video)

- The Bank of England told us to do it, claims Barclays (Telegraph, July 3, 2012): The Deputy Governor of the Bank of England encouraged Barclays to try to lower interest rates after coming under pressure from senior members of the last Labour government, documents have disclosed. A memo published by Barclays suggested that Paul [...] continue reading world news

Barclays: ‘The Bank Of England Told Us To Do It’ (Telegraph)

- The Bank of England told us to do it, claims Barclays (Telegraph, July 3, 2012): The Deputy Governor of the Bank of England encouraged Barclays to try to lower interest rates after coming under pressure from senior members of the last Labour government, documents have disclosed. A memo published by Barclays suggested that Paul [...] continue reading world news

The Fed And LIBOR – The Biggest Manipulator Of Them All

- The Fed And LIBOR – The Biggest Manipulator Of Them All (ZeroHedge, July 4, 2012): Via Peter Tchir of TF Market Advisors, The Fed does everything it can to keep LIBOR low. This chart says it all. The Fed cannot affect LIBOR directly, but in general LIBOR trades in line with Fed Funds.  You [...] continue reading world news

Keiser Report: Big Guy ‘Scandals’ Vs Small Fry ‘Crimes’ (Video)

YouTube Added: 03.07.2012 See also. - WSJ: Barclays Chief Says ‘Sorry’ … And Then … WSJ: Barclays CEO Robert Diamond Resigns continue reading world news

The Exact Moment Greece Will Leave The Euro

- The Exact Moment Greece Will Leave the Euro (ZeroHedge, July 2, 2012): …the second Greek parliamentary elections in as many months came and went. While the media is making a big deal of the fact that the anti-bailout SYRIZA party didn’t win, the facts remain that the elections haven’t really accomplished anything of significance [...] continue reading world news

I, Not Robot: Why The Rise Of SkyNet Leads To Automatic Unemployment For The People

- I, Not Robot: Why The Rise Of SkyNet Leads To Automatic Unemployment For The People (ZeroHedge, June 29, 2012) continue reading world news

Mitt Romney’s 13 Globalist ‘Working Groups’ Exposed

Elite puppet Obama versus elite puppet Romney. Yes, America is f*****! - George Carlin: The American Dream (Video) - George Carlin: The Illusion Of Freedom – ‘This Country Finshed!’ - Mitt Romney’s 13 Globalist ‘Working Groups’ Exposed (Activist Post, June 29, 2012): A few weeks ago, I wrote an article entitled “Romney’s Foreign Policy Advisers [...] continue reading world news

Nigel Farage: Van Rompuy, Barroso Worst People In EU Since 1945 – ‘All We Do Is Kick The Can Down The Road’ – ‘The Whole Thing Is Headed For A Gigantic Bust’ – ‘There Is Not Enough Money In Europe To Bail Out Italy’ (Video)

YouTube Added: 29.06.2012 Description: After a tough night of wrangling, EU leaders have agreed to set up a new authority – tasked with keeping sinking banks afloat. And to do that, the new agency will be given access to Europe’s mammoth bailout funds – stocked in a large part by taxpayer money. This exact function [...] continue reading world news

Barclays Agrees To Pay Record $453 Million Fine To US And British Regulators In Libor Manipulation Scandal

- UK drafts in fraud squad as Libor fine hits Barclays (Reuters, June 28, 2012): LONDON  – Britain said on Thursday it had brought in the fraud squad to investigate possible crimes and would tighten laws over attempts to manipulate lending rates, a scandal which has engulfed Barclays and is expected to spread to other [...] continue reading world news

The No.1 Trend Forecaster Gerald Celente: The Second American Revolution STARTS NOW! – Syria – Europe – Gold – WW III (Video)

“The Entire Global Economic System Is In Collapse.” YouTube Added: 27.06.2012 If Nostradamus were alive today, he’d have a hard time keeping up with Gerald Celente. – New York Post When CNN wants to know about the Top Trends, we ask Gerald Celente. – CNN Headline News There’s not a better trend forecaster than Gerald [...] continue reading world news

Paraguay’s President Fernando Lugo Ousted, Venezuela Stops Oil Shipments

- ‘Fake government’: Paraguay’s ousted President Fernando Lugo defiant after ‘coup’ (MSNBC, June 25, 2012): ASUNCION, Paraguay – Ousted Paraguayan President Fernando Lugo branded the country’s new government illegitimate on Sunday and called for democracy to be restored as neighboring countries intensified criticism of his sudden impeachment. Lugo, a leftist former Roman Catholic bishop, said [...] continue reading world news

Moody’s To Junk The Entire Spanish Banking System In Hours

- Moody’s To Junk Spanish Banking System In Hours (ZeroHedge, June 25, 2012): Nearly two weeks ago we penned “These Three Spanish Banks Will Be Downgraded Tomorrow” which showed which banks had a rating higher than the sovereign following Moody’s long overdue Spanish downgrade, and thus were about to be downgraded by many notches. Today, [...] continue reading world news

Iceland Indicted Former PM Geir Haarde, Arrested The Banksters, Left The Recession, The Economy Is Growing And Is Beating The Rest Of The World (The Young Turks Video)

Must-see! YouTube Added: 20.06.2012 … and here is the result (Turns out the sky wasn’t falling in Iceland!): - Two Thirds Of Icelanders Oppose EU Membership - Icelandic Anger Bringing Record Debt Relief in Best Crisis Recovery Story - Iceland Once Again Tells IMF, UK, Netherlands To ‘Go to Hell’; ‘Ice Torture’ Repayment Scheme Collapses [...] continue reading world news

The USD Trap Is Closing: Dollar Exclusion Zone Crosses The Pacific As Brazil Signs China Currency Swap

- The USD Trap Is Closing: Dollar Exclusion Zone Crosses The Pacific As Brazil Signs China Currency Swap (ZeroHedge, June 22, 2012): When the US Dollar is ultimately dethroned as the world’s reserve currency (and finally gets rid of all those ridiculous three letter post-Keynesian economic “theories”) nobody will have seen it coming. Well, nobody [...] continue reading world news

Big Bank Downgrade By Moody’s Imminent

- Big Bank Downgrade By Moody’s Imminent (ZeroHedge, June 21, 2012): Even as Moody is now about a week late on its Spanish bank downgrade where the banks are rated higher than the sovereign (which obviously is kept in check to prevent yields on bonds from soaring even more), here comes the next wholesale bank [...] continue reading world news

DHS Insider On The Catastrophic State Of America

- More From DHS insider (Northeast Intelligence Network): 18 June 2012: It was not one contact, but a series of contacts over the last month from which the following information was developed from my source within the Department of Homeland Security. My initial article citing this specific source was published on May 8, 2012. This [...] continue reading world news

Net Worth Implosion: It’s Not Just Housing … Households Of People Age 35 To 44 See 59% Decline In Median Net Worth

- Net Worth Implosion: It’s Not Just Housing (CNN Money, June 19, 2012): Americans’ net worth collapsed in recent years, but don’t blame the housing market for it all. A CNNMoney analysis of new Census Bureau data shows that if you strip out the effects of the housing collapse, median household net worth still fell [...] continue reading world news

Alex Jones Interviews Webster Tarpley: The Rand Paul Fiasco – ‘The American System’ – Ron Paul – History – Greece (Video)

For your information. YouTube Added: 11.06.2012 continue reading world news

Five Days Since The Spanish ‘Bailout’: You Are Here – Senior EU Official: ‘If Germany Doesn’t Make A Move, Europe Is Dead’

- Five Days Since The Spanish “Bailout”: You Are Here (ZeroHedge, June 18, 2012): With few (if any) natural buyers of Spanish debt (especially given the lack of CDS-cash basis now), Spanish bonds continue to crumble lower in price and higher in yield/spread. For the first time ever, 10Y Spanish bond yields have passed 575bps [...] continue reading world news

‘Starving Billionaire’ (Pictures From Zimbabwe)

More: Here continue reading world news

U.S. Government Blocks Sales Of Fuel-Efficient Cars

Flashback: - Who Killed The Electric Car? (Documentary) - U.S. Government blocks sales of fuel-efficient cars (Natural News, June 15, 2012): The development of affordable “green” cars and trucks – electric vehicles or hybrids designed to dramatically curb the nation’s reliance on fossil fuels – is supposed to be a primary goal for the Obama [...] continue reading world news

Foreclosures Up For First Time In 27 Months

- Foreclosures up for first time in 27 months (Reuters, Jun 14, 2012): Foreclosure starts rose year-over-year in May for the first time in more than two years as banks resumed dealing with distressed properties after a mortgage abuse settlement earlier this year, data firm RealtyTrac said on Thursday. The $25 billion settlement between major [...] continue reading world news

TPP Secrets: Obama Regime Covertly Granting More Power To Multinational Corporations

- TPP secrets: Obama covertly granting more power to multinational corporations (RT, June 13, 2012): Despite the White House’s efforts to keep a proposed free trade agreement concealed from the public — and even Congress — an excerpt from the TPP leaked Wednesday reveals that President Obama is prepared to bow to multinational corporations. The [...] continue reading world news

Nigel Farage On The Spanish Bailout: ‘A Reinforcement Of Failure’ (Video)

- Farage On The Spanish Bailout: “A Reinforcement Of Failure” (ZeroHedge, June 10, 2012): While the short-term benefits can be weighed against any long-term solution a number of ways, Nigel Farage provides not just the most colorful summation of situation but also the most succinct when he refers to the ‘madness’ of ‘intervention to keep [...] continue reading world news

Former ‘God’s Banker’ Could Blitz Vatican With Cache Of Secret Documents, Exposing Corruption

Pope Benedict XVI talks to the former head of the Vatican bank Ettore Gotti Tedeschi (AFP Photo/Osservatore Romano) - Former ‘God’s Banker’ could blitz Vatican with cache of secret documents (RT, June 10, 2012): The former head of the Vatican Bank has become the Papacy’s Enemy Number One, after police discovered a trove of documents [...] continue reading world news

Collapse: Americans Suffered Record Decline In Wealth – The Median Family’s Net Worth Dropped 38.8 Percent Between 2007 And 2010

- Americans Suffered Record Decline In Wealth During Recession: Report (Reuters, June 11, 2012): WASHINGTON, June 11  – Americans suffered a record decline in wealth between 2007 and 2010 as home values tumbled, according to a Federal Reserve report on Monday that underscored the severity of the recent recession. The median family’s net worth dropped [...] continue reading world news

Spain IS Greece After All: Here Are The Main Outstanding Items Following The Spanish Bailout

- Spain IS Greece After All: Here Are The Main Outstanding Items Following The Spanish Bailout (ZeroHedge, June 9, 2012): After two years of denials, we finally have the right answer: Spain IS Greece. Only much bigger (it is also the US, although while the US TARP was $700 billion or 5% of then GDP, [...] continue reading world news

Argentina: Third Of U.S. Dollar Deposits Withdrawn Since November Because Of Government Imposed Capital Controls

- Argentina loses a third of its dollar deposits (Reuters, June 8, 2012): * Argentines reacting to foreign exchange restrictions * About $100 mln in dollars withdrawn every day * Rush toward greenback started in November BUENOS AIRES, June 8 (Reuters) – Argentine banks have seen a third of their U.S. dollar deposits withdrawn since [...] continue reading world news

The ‘Big Reset’ Is Coming: Here Is What To Do

Just owning gold will (most probably) be not good enough for the ‘BIG RESET’. (Food, water, survival equipment, friends and if possible a remote farm & a self-sustainable lifestyle, …….) - The ‘Big Reset’ Is Coming: Here Is What To Do (ZeroHedge, June 7, 2012): A week ago, Zero Hedge first presented the now viral [...] continue reading world news

Collapse: US Labor Market Is In A Full-Blown Depression

This is the ‘Greatest Depression’. - Dr. Paul Craig Roberts: Collapse At Hand – Gold And Silver Price Manipulation - Collapse: Record Number Of US Households On Foodstamps – 46,405,204 People At Or Below Poverty Level And Thus Eligible For Foodstamps, A 79K Increase In The Month - Peter Schiff Exposes And Destroys Fed Chairman [...] continue reading world news

Dr. Paul Craig Roberts: Collapse At Hand – Gold And Silver Price Manipulation

See also: - Dr. Paul Craig Roberts: Washington’s Hypocrisies – ‘The US Government Is The Second Worst Human Rights Abuser On The Planet And The Sole Enabler Of The Worst–Israel’ - Dr. Paul Craig Roberts: Recovery Or Collapse? Bet On Collapse! – ‘In The End, The Financial Crisis Could Destroy Western Civilization’ - Dr. Paul [...] continue reading world news

Max Keiser On Bilderberg And The Global Financial Crisis (Video)

YouTube Added: 02.06.2012 continue reading world news

Peter Schiff Exposes And Destroys Fed Chairman Ben Bernanke (Video) … ‘The Collapse Is Coming Soon’

YouTube Added: 28.05.2012 continue reading world news

GM To Cut $26 Billion From US Pension Liability Of Nearly $109 Billion

- GM to cut about one-fourth of U.S. pension liability (Reuters, June 1, 2012): DETROIT (Reuters) – General Motors Co will cut nearly a quarter of its U.S. pension obligation by transferring the management of its pension plans for 118,000 white-collar retirees to a third party and offering lump-sum buyouts. The two moves unveiled on [...] continue reading world news