Bank Data Wars Escalate

Bank Data Wars Escalate

SWIFT headquarters in La Hulpe. The civil liberties committee in the European Parliament on Thursday recommended that the parliament’s MPs reject a deal that would

Summit of Central Bankers This Weekend

Summit of Central Bankers This Weekend

The world’s central bankers began arriving in Australia yesterday as renewed fears about the strength of the global economic recovery gripped world share markets. Representatives

Long-Term Care

Long-Term Care

Continue reading A No-Nonsense Look at Long-Term Care

Expect al Qaeda Attack Soon: CIA

Expect al Qaeda Attack Soon: CIA

WASHINGTON – Al Qaeda can be expected to attempt an attack on the United States in the next three to six months, senior intelligence officials

CIA Moonlights at Hedge Funds

CIA Moonlights at Hedge Funds

By: Eamon Javers In the midst of two wars and the fight against Al Qaeda, the CIA is offering operatives a chance to peddle their

Google And NSA Tie the Knot

Google And NSA Tie the Knot

By Ellen Nakashima The world’s largest Internet search company and the world’s most powerful electronic surveillance organization are teaming up in the name of cybersecurity.

How Small Business Can Flourish

How Small Business Can Flourish

Dennis Bernstein, of the KPFA radio show, Flashpoints, interviewed Catherine last night (Feb 3, 2010.) Listen to the portion of the interview where Catherine talks

“We Can’t Get Enough Drones”

“We Can’t Get Enough Drones”

By Tony Capaccio The U.S. military plans to more than triple its inventory of high-altitude, armed and unarmed drones capable of 24-hour patrols by 2020.

Japanese Rice Fields

Japanese Rice Fields

Every year, farmers in the rural town Inakadate, Japan create rice field art by using red rice in with their regular rice in special patterns.

Who Owns Organic

Who Owns Organic

Continue reading Who Owns Organic

AIG Plans Another Round of Bonuses!

AIG Plans Another Round of Bonuses!

By Brady Dennis American International Group plans Wednesday to pay another round of employee bonuses, worth about $100 million, said several people familiar with the

Comprehensive Annual Financial Report

Comprehensive Annual Financial Report

From Wikipedia A Comprehensive Annual Financial Report (CAFR) is a government financial statement, which goes beyond the minimums established for public sector companies by NCGA

Ice Storms In Tennessee

Ice Storms In Tennessee

Dear Catherine: Hope y’all didn’t suffer any problems from the ice storm and that your fruit trees are OK. Things here are fine, just shut

Volcker Rule Unlikely To Move Forward In Senate

Volcker Rule Unlikely To Move Forward In Senate

By PK Semler A proposal by former Federal Reserve Chairman Paul Volcker to limit bank’s proprietary trading will be either be dropped or significantly modified

The Disastrous Unemployment Situation

The Disastrous Unemployment Situation

By Tyler Durden The chart below demonstrates the amount of borrowing per state, as well as trust fund holdings. (View Larger Chart) Continue reading A

The Fateful Geological Prize Called Haiti

The Fateful Geological Prize Called Haiti

By F. William Engdahl Former President becomes UN Special Envoy to earthquake-stricken Haiti. A born-again neo-conservative US business wheeler-dealer preacher claims Haitians are condemned for

Secret Banking Cabal Emerges From AIG Shadows

Secret Banking Cabal Emerges From AIG Shadows

By David Reilly The idea of secret banking cabals that control the country and global economy are a given among conspiracy theorists who stockpile ammo,

Why Larry Summers Must Go Now!

Why Larry Summers Must Go Now!

By Scott Thompson and Paul Gallagher If the rising movement of American patriots is going to clean out the London/Wall Street swamp of the Obama

Unfinished Business: 2009

Unfinished Business: 2009

By Doug Wakefield and Ben Hill (View larger chart) This chart is from the December 2009 issue of The Investors Mind) Continue reading Unfinished Business:

"How Would You Fix the Economy?"

"How Would You Fix the Economy?"

There recently was an article in the St. Petersburg Fl. Times. The Business Section asked readers for ideas on: “How Would You Fix the Economy?”

A Letter to Barclays Capital

A Letter to Barclays Capital

To: CorporateCommunicationsAmericas@barclayscapital.com, Corporate.Communications@barclayscapital.com Ladies & Gentlemen: I was distressed to read that your head of global investment banking, Hugh “Skip” McGee, recently called for the

Wolf Moon of 2010

Wolf Moon of 2010

By Robert Britt Tonight’s full moon — called the wolf moon — will be the biggest and brightest full moon of the year. It offers

Child Abuse

Child Abuse

Whitley Strieber writes, “For years, I have grappled with strange memories from early childhood that suggested involvement in some sort of abusive program. But I

"Catcher in the Rye" Author Salinger Dies

"Catcher in the Rye" Author Salinger Dies

J.D. Salinger, the legendary author, youth hero and fugitive from fame whose “The Catcher in the Rye” shocked and inspired a world he increasingly shunned,

Memories of Beijing Ten Years Past

Memories of Beijing Ten Years Past

By Jesse Just returned last night from Beijing. While on standby at airport from 11:30 AM until 6:30 PM (all classes of all half-hourly flights

Head of Davos Security Dead

Head of Davos Security Dead

By Sven Egenter The police commander heading security at the World Economic Forum in Switzerland was found dead on Tuesday, local authorities said, adding that

Was Goldman Liable for SocGen's Deals Too?

Was Goldman Liable for SocGen's Deals Too?

The heavily-redacted regulatory filing that spells out the details of the New York Federal Reserve’s controversial bailout of American International Group is a secret no

Calsters Underfunded

Calsters Underfunded

By Michael B. Marois The California State Teachers Retirement System, the second biggest U.S. public pension, will need to ask taxpayers for more money after

Administration Approves Bank Book Cooking

Administration Approves Bank Book Cooking

From the Federal Register today: [Federal Register: January 28, 2010 (Volume 75, Number 18)] [Rules and Regulations] [Page 4635-4654] From the Federal Register Online via

The Trillion Dollar Mean Reversion

The Trillion Dollar Mean Reversion

Ben Bernanke’s great reflation gamble appears to be working. Unfortunately, it appears to be working in all the wrong places. Continue reading The Trillion Dollar

Hemp Crop of The Future?

Hemp Crop of The Future?

By James MacPherson A federal appeals court on Tuesday affirmed a lower court’s decision to dismiss a lawsuit by two North Dakota farmers who said

How The AIG Bailout Really Worked

How The AIG Bailout Really Worked

By Joe Weisenthal and Kamelia Angelova Continue reading Chart of The Day: How The AIG Bailout Really Worked

Catherine's Investment Rules of Thumb

Catherine's Investment Rules of Thumb

1. You and those you love are your assets – invest in you, your health, your homebase and your own business first; 2. Bank and

2010 State of the Union Address

2010 State of the Union Address

The 2010 State of the Union Address will be given by United States President Barack Obama on January 27, 2010, to a joint session of

Watching the Testimony

Watching the Testimony

I am watching the Congressional testimony about AIG. It’s a parade of people lying to themselves and to you. My expectation is that you will

The Federal Bailout of AIG

The Federal Bailout of AIG

Today the House Committee on Oversight and Government Reform held hearings on: “The Federal Bailout of AIG” to examine the Federal response to the collapse

Two At Fed Had Doubts About Payout By AIG

Two At Fed Had Doubts About Payout By AIG

By Gretchen Morgenson and Louise Story Weeks after rescuing the American International Group with an $85 billion taxpayer loan in late 2008, Federal Reserve Board

Interest Rate Roulette

Interest Rate Roulette

By Rob Kirby According to the most recent data from the U.S. Office of the Comptroller of the Currency, the notional value of derivatives held

Say Goodbye To The Great Liquidity Wave

Say Goodbye To The Great Liquidity Wave

By Joe Weisenthal and Kamelia Angelova View Larger Chart In the last several days, a view emerged that the tightening has un-officially begun. Continue reading

Local Stock Exchanges and National Stimulus

Local Stock Exchanges and National Stimulus

By Michael Shuman Since the global financial system unraveled in 2008, U.S. policymakers have struggled heroically to improve the performance and oversight of global banks

'Backdoor Bailout'

'Backdoor Bailout'

U.S. securities regulators originally treated the New York Federal Reserve’s bid to keep secret many of the details of the American International Group bailout like

Geithner Phone Log Released

Geithner Phone Log Released

By Tyler Durden Politico has obtained the phone log of conversations performed by then FRBNY President Tim Geithner during the period of the financial crisis,

The Myth of Haiti's Lawless Streets

The Myth of Haiti's Lawless Streets

By Inigo Gilmore As a member of the media covering the tragedy in Haiti, it’s with a sense of alarm and astonishment that I’ve witnessed

Water Conservation? The Sky’s The Limit

Water Conservation? The Sky’s The Limit

By Susan Carpenter It isn’t often that it rains in L.A. for six days running, as it did this week. The inches Mother Nature dumped

Goldman's Head in the Clouds

Goldman's Head in the Clouds

It would appear that Goldman thinks that raising interest rates would be a disaster. What that means is the folks borrowing for 0-1/2% on the

Bernanke In Play

Bernanke In Play

By Tyler Durden We apologize in advance for the NY Magazine-style headline, but this is a report that has to be read by all Senators

"Yes, We Want Change"

"Yes, We Want Change"

By Peggy Noonan What does the Massachusetts election mean? It means America is in play again. The 2008 election settled nothing, not even for a

Trends in Metropolitan America, 2000 to 2008

Trends in Metropolitan America, 2000 to 2008

By Elizabeth Kneebone and Emily Garr An analysis of the location of poverty in America, particularly in the nation’s 95 largest metro areas in 2000,

From Servant to Lord of the Economy

From Servant to Lord of the Economy

View Larger Chart By Jesse Here is an interesting chart that shows the ascendancy of the financial sector in the US. Continue reading Financial Services:

Rep. Darrell Issa's Guns Blazing!

Rep. Darrell Issa's Guns Blazing!

By Tyler Durden Rep. Darrell Issa comes out guns blazing once again, alleging that the Fed provided a selective response to the subpoena to provide

The Banker's Guide To Owning It All!

The Banker's Guide To Owning It All!

By Ishkabibble Become majority lender in an economy of people with assets you want. Encourage indebtedness by loaning generously while securing on assets of interest.

Kitchen Permaculture – An Online Workshop

Kitchen Permaculture – An Online Workshop

By Anais Starr At the Financial Permaculture workshop in Hohenwald in 2008, I had the great pleasure to meet and work with Bob Woldrop. You

Answering Your Questions – Mortgages

Answering Your Questions – Mortgages

We have received several comments from listeners and readers questioning whether or not mortgage companies or banks are required to provide homeowners specific proof of

United States District Court

United States District Court

The 94 United States district courts are the general trial courts of the United States federal court system. Both civil and criminal cases are filed

Welcome to Linden, Tennessee

Welcome to Linden, Tennessee

One of the greatest pleasures in life is to have visitors. That is why we are so glad to see you. We hope your stay

Long Term Unemployment Rising

Long Term Unemployment Rising

By Vincent Fernando and Kamelia Angelova Continue reading Workers Are Unemployed So Long, They’re Forgetting Their Skills

1st Amendment Yikes!

1st Amendment Yikes!

By David G. Savage In a 5-4 decision that strikes down a 1907 law, the justices say the 1st Amendment gives corporations, just like individuals,

US Southern Command  "Combat Support Agency"

US Southern Command "Combat Support Agency"

By Michel Chossudovsky A Haiti disaster relief scenario had been envisaged at the headquarters of US Southern Command (SOUTHCOM) in Miami one day prior to

An Introduction to Solari Circles

An Introduction to Solari Circles

A Solari Circle is a small (twelve or fewer members is recommended) financial action club formed by people who know and trust each other and

How the Big Banks Rigged the Market

How the Big Banks Rigged the Market

By Philip Stephens When Lloyd Blankfein met politicians in London a little while ago he brushed aside warnings that investment banks faced higher taxes if

Republican Brown Wins Senate Seat

Republican Brown Wins Senate Seat

Republican Scott Brown has won the Massachusetts Senate seat held for nearly a half-century by Democrat Edward Kennedy. Brown’s victory in the special election gives

OOOOby

OOOOby

Ooooby is a food growers club and a social network. Check it out! Here is the message from their new year’s newsletter: Hello. How was

Serious Dangers In Health Care “Reform”

Serious Dangers In Health Care “Reform”

By Nicholas Gonzalez, M.D. In recent weeks, as the tenor in the health care debate has become more contentious, and the passage of some far-reaching

"Synchronize and Integrate"

"Synchronize and Integrate"

by Tom Burghardt In the wake of the Flight 253 provocation, over-hyped terrorism panics, and last year’s Big Pharma and media-engineered hysteria over the H1N1

Laugh at 'em!

Laugh at 'em!

“For your race, in its poverty, has unquestionably one really effective weapon — laughter. Power, money, persuasion, supplication, persecution — these can lift at a

SEC Proposes to Deny Special Access

SEC Proposes to Deny Special Access

Unfiltered access is similar to giving your car keys to a friend who doesn’t have a license and letting him drive unaccompanied,” said SEC Chairman

Skimming Savers

Skimming Savers

By New York Times If you’re a retiree who relies on interest income, you know that the tap is running dry. In fact, many investors

The 'Tiny' Gold Market

The 'Tiny' Gold Market

By Adrian Douglas Here are some Trivial Pursuit questions for you: 1) What is the biggest market in the world for a physical commodity? 2)

Money & Banking

Money & Banking

I asked Franklin Sanders recently for his recommendation on a primer on money and banking. He recommended Modern Money Mechanics which was written a while

Will 2010 be the Year of the 10th Amendment?

Will 2010 be the Year of the 10th Amendment?

By Michael Boldin, “Already, over a dozen states are considering laws or state constitutional amendments that would effectively ban, or nullify, any proposed national health

Paulson and Friedman Called to Testify

Paulson and Friedman Called to Testify

The list of those called to testify for a House inquiry into the American International Group and its payouts to its counterparties just gained a

Joel Salatin on Pathways To Relocalization

Joel Salatin on Pathways To Relocalization

If the US has a Grand Master of family farming and marketing strategy, it’s likely Joel Salatin, here laying out a banquet of food for