Mortgage Meltdown: Wave Two

Mortgage Meltdown: Wave Two

By Mac Slavo Continue reading Mortgage Meltdown: Wave Two Related articles: The Amazing Spiraling Mortgage Delinquencies Subprime Mortgage Meltdown Spurs Wave of Litigation American Bar

Crosby Mint Farm – Update

Crosby Mint Farm – Update

Jim and Linette Crosby are fighting to win the Crosby Mint Farm from the bank that has foreclosed. The Farm was auctioned last week, with

Gifting to the Children We Love – Part VI

Gifting to the Children We Love – Part VI

Read the full article here. The opportunities to encourage a child’s artistic and music skills are endless. Given the increased cutbacks in these so-called noncore

Gifting to the Children We Love – Part V

Gifting to the Children We Love – Part V

The subject of investing encompasses a host of disciplines, skills, and experiences that no one individual can hope to master in a short course. The

Roth IRA Rules Changes

Roth IRA Rules Changes

By Melanie Pelayo With the end of the year fast approaching, I want to bring your attention a change taking place next year regarding Roth

JAK Bank in Sweden

JAK Bank in Sweden

By David Liechty JAK Medlemsbank is a member-owned bank in Skovde, Sweden that has operated an interest-free savings and loan system since 1970. Members accumulate

Did Rubin Commit Fraudulent Misrepresentation?

Did Rubin Commit Fraudulent Misrepresentation?

By Dakin Campbell and Andrew MacAskill Citigroup Inc. said the Abu Dhabi Investment Authority is seeking to end an agreement to buy the bank’s stock

GMO Contamination

GMO Contamination

Bayer has admitted it has been unable to control the spread of its genetically-engineered organisms despite ‘the best practices [to stop contamination]'(1). It shows that

Saved By Drug Money

Saved By Drug Money

By Rajeev Syal Drugs money worth billions of dollars kept the financial system afloat at the height of the global crisis, the United Nations’ drugs

Greece – Crisis Turns Deadly Serious

Greece – Crisis Turns Deadly Serious

By Ambrose Evans-Pritchard While premier George Papandreou offered pro forma assurances at Friday’s EU summit that Greece would not default on its €298bn (£268bn) debt,

US Kids = Psychiatric Drug Goldmine

US Kids = Psychiatric Drug Goldmine

By Evelyn Pringle Prescriptions for psychiatric drugs increased 50 percent with children in the US, and 73 percent among adults, from 1996 to 2006, according

Gifting to the Children We Love – Part III

Gifting to the Children We Love – Part III

Read the full article here. As the cost of formal education grows, many families are limited by economic considerations in what they can provide for

Missing Mortgages

Missing Mortgages

Sorting through the wreckage of those related failures has generated more questions than answers so far. Taylor Bean was shut down by the Federal Housing

Eight Innovations that Will Change Your Future

Eight Innovations that Will Change Your Future

By Jim Ostroff No personal jet packs at the big-box store just yet, but we foresee technological breakthroughs that will make a real difference. Kiplinger

Joel Salatin in Santa Barbara

Joel Salatin in Santa Barbara

Joel Salatin Pathways to Relocalization, Carbon Economy Educational Series, December 9th Santa Barbara Central Library The Flyer: Joel Salatin, fulltime family farmer of the highly

Goldman Bonuses a Go; Gang of 30 Stock-Only

Goldman Bonuses a Go; Gang of 30 Stock-Only

By Stephen Bernard Goldman Sachs Group Inc.’s top executives will not receive cash bonuses this year, as the Wall Street giant bows to sharp criticism

Arctic Roll

Arctic Roll

If you know the answer, pop it on a postcard and send it to the people of Norway, where this mysterious light display baffled residents

Warren Buffett's Favorite Chart

Warren Buffett's Favorite Chart

By Vincent Fernando and Kamelia Angelova The Purchasing Managers Index (PMI) is an economic indicator for the U.S. manufacturing sector, in blue below. It tends

Administration Proposal re: Small Business

Administration Proposal re: Small Business

By Jackie Calmes President Obama and Congress are ending the year as they began it, at work on an economic stimulus package of tax cuts

Bank Blamed For Big Losses to Charities

Bank Blamed For Big Losses to Charities

By Chris Serres Local foundations are fighting Wells Fargo in court, saying it lied about safety of investments made before market plunge. For years, some

Bankers: "Existence should be bonus enough."

Bankers: "Existence should be bonus enough."

By Alison Fitzgerald Wall Street firms are recovering. Their standing with the American public isn’t. “The fact that they’re even in existence should be bonus

Grayson Questions Retrade of AIG Deal

Grayson Questions Retrade of AIG Deal

Tuesday, December 8, 2009 Ben Bernanke Chairman Federal Reserve System 20th Street & Constitution Avenue, NW Washington, DC 20551 Dear Chairman Bernanke, I write with

‘Swine Flu Pope’  & WHO Corruption

‘Swine Flu Pope’ & WHO Corruption

By F. William Engdahl The man with the nickname “Dr Flu”, Professor Albert Osterhaus, of the Erasmus University in Rotterdam Holland has been named by

Ron Paul on Ben and the Fed

Ron Paul on Ben and the Fed

Continue reading Ron Paul with Judge Napolitano on Glenn Beck- Bernanke To Be Renominated

The Ancient Ingenuity of Water Harvesting

The Ancient Ingenuity of Water Harvesting

With wisdom and wit, Anupam Mishra talks about the amazing feats of engineering built centuries ago by the people of India’s Golden Desert to harvest

Renewing Relations: Russia & Vatican

Renewing Relations: Russia & Vatican

Pope Benedict XVI and visiting Russian President Dmitry Medvedev agreed Thursday to upgrade Vatican-Kremlin relations to full diplomatic ties, the Vatican said. The step forward

Money Trap Complexity: Traditional IRA vs. Roth

Money Trap Complexity: Traditional IRA vs. Roth

By Anne Tergesen Starting Jan. 1, Uncle Sam will permanently eliminate both the income and filing-status restrictions on transferring money from a traditional IRA to

Seattle Gentrification ala IRS

Seattle Gentrification ala IRS

By Danny Westneat Rachel Porcaro knows she’s hardly rich. When you’re a single mom making 10 bucks an hour, you don’t need government experts to

Growing Power

Growing Power

Continue viewing YouTube

Acronym du Jour

Acronym du Jour

SCWAG ~ Scientifically Calculated Wild Assed Guess. An estimate calculated using sound mathematics and science which is, never the less, little more than a wild

Owning Physical Precious Metal

Owning Physical Precious Metal

GoldMoney founder and GATA consultant James Turk was interviewed for 27 minutes this week by Eric King of King World News. They discussed the second

Energy Tax Incentives

Energy Tax Incentives

DSIRE is a comprehensive source of information on state, local, utility, and federal incentives and policies that promote renewable energy and energy efficiency. Established in

Will Ben Be In by Xmas?

Will Ben Be In by Xmas?

By Scott Lanman and Craig Torres Federal Reserve Chairman Ben S. Bernanke left a Senate confirmation hearing with support for a second term heading a

Do It Today!

Do It Today!

“Now is the accepted time, not tomorrow, not some more convenient season. It is today that our best work can be done and not some

Who's Your Foodbank?

Who's Your Foodbank?

Claims for Emergency Unemployment Compensation increased by 265,300 in one week to an all time record of 3,859,553 for the week ending November 14. If

Health Care: Of Lives And Principle

Health Care: Of Lives And Principle

By Sam Smith The pending health care legislation is as corrupt, cynical and contemptuous of simple decency as any bill I’ve seen in over a

Competitive Devaluations Threaten a Trade War

Competitive Devaluations Threaten a Trade War

By Michael Pettis Vietnam’s decision to devalue its currency by 5 per cent last week to protect itself from undervaluation of the Chinese renminbi, and

WTO Demands Emerging Nations Permit Derivatives

WTO Demands Emerging Nations Permit Derivatives

by Greg Palast On 10th Anniversary of the Battle in Seattle Bankers’ scheme to re-open finance casino worldwide. Apparently, one meltdown isn’t enough for the

Oh, Really?

Oh, Really?

“It wasn’t scary at all.” Goldman Sachs COO Gary Cohn on the plunge in Goldman’s stock price from $207.78 in February to $47.41 in November

Preparing for the Worst

Preparing for the Worst

The levels of government debt have reached the point where even mainstream banks are encouraging investors to consider the “collapse scenario” in their strategies. View

Barron's 25 Best Givers

Barron's 25 Best Givers

By Suzanne McGee With money tight, top philanthropists insist on more bang for the buck. Meet the 25 most effective givers. The name of the

Bloomberg Reporter Who Sued Fed Dies at 52

Bloomberg Reporter Who Sued Fed Dies at 52

By Bob Ivry Mark Pittman, the award-winning reporter whose fight to make the Federal Reserve more accountable to taxpayers led Bloomberg News to sue the

Goldman Sachs – Going Long Lead?

Goldman Sachs – Going Long Lead?

Commentary by Alice Schroeder I just wrote my first reference for a gun permit,” said a friend, who told me of swearing to the good

Duopoly

Duopoly

Max Keiser has me using a new word—duopoly. It is a word worth learning and a phenomenon worth considering as we look around the landscape.

America's Most Charitable Cities

America's Most Charitable Cities

By: Wanda Lau Cities take on different faces during the holiday season–some are the spitting image of Scrooge, others look like Santa. Which one your

The Great Depression of the 14th Century

The Great Depression of the 14th Century

“The Triumph of Death” by Murray N. Rothbard Most people — historians not excepted — are tempted to think of economic and cultural progress as

China, Gold, and the Civilization Shift

China, Gold, and the Civilization Shift

By Ambrose Evans-Pritchard Stephen Jen from the hedge fund Blue Gold Capital has a warning for those who think that gold has risen far too

Connecticut to Sue Rating Firms

Connecticut to Sue Rating Firms

By Caroline Salas and Matthew Leising Connecticut plans to join Ohio in suing credit-rating companies for “negligent, reckless and incompetent work” in grading debt purchased

Brother, Can You Spare an American Buffalo?

Brother, Can You Spare an American Buffalo?

Author: Dorothy Kosich Unprecedented demand, a shortage of blanks, and restrictive policies and regulations continue to exacerbate what is almost becoming a chronic shortage of

Please Support Your Local Foodbank!

Please Support Your Local Foodbank!

By Sophia Tareen Prentice Jones worked construction jobs around Chicago for most of his 60 years and is quick to boast of a foreman job

Short Selling American Lives

Short Selling American Lives

By Anne Seith Two Deutsche Bank funds were designed to profit from premature deaths in the US by buying up life insurance policies. But investors

AIG in Kentucky

AIG in Kentucky

By Yasha levine Thanks to AIG, some of the poorest residents of rural Kentucky learned you can always be made poorer by corporate villains. What

Judge Spinner, You Rock!

Judge Spinner, You Rock!

By Kieran Crowley, Rich Wilner and Dan Mangan A Long Island couple is home free after an outraged judge gave them an amazing Thanksgiving present

Paulson Likes Gold

Paulson Likes Gold

By Joshua M Brown Continue reading John Paulson Likes Gold…More Than a Friend

WikiLeaks Leaks 9/11 Pager Intercepts

WikiLeaks Leaks 9/11 Pager Intercepts

WikiLeaks releases 573.000 pager intercepts from 9/11 2001. From 3AM on Wednesday November 25, 2009, until 3AM the following day (US east coast time), WikiLeaks

Dubai Financial Crisis

Dubai Financial Crisis

Nov. 27 (Bloomberg)—Dubai’s debt woes may worsen to become a “major sovereign default” that roils developing nations and cuts off capital flows to emerging markets,

Dark Side of the Internet

Dark Side of the Internet

Nov. 26 (Guardian-UK) Fourteen years ago, a pasty Irish teenager with a flair for inventions arrived at Edinburgh University to study artificial intelligence and computer

The Value of Leadership

The Value of Leadership

One of the many blessings of living in Hickory Valley, Tennessee is that I know, respect and like my Mayor and the members of my

Negative Equity Mortgages

Negative Equity Mortgages

Continue reading CHART OF THE DAY: We’re Still Generating Too Many Negative Equity Mortgages

More Independent Than Ever

More Independent Than Ever

By David M. Halbfinger The Lou Dobbs-for-Senate rumor had barely crested when the Lou Dobbs-for-president rumor suddenly overtook it this week. Mr. Dobbs, the former

Facebook Creates Dual-Class Stock Structure

Facebook Creates Dual-Class Stock Structure

By Brian Womack Facebook Inc., the world’s biggest social-networking site, introduced a dual-class stock structure to let current shareholders hold onto voting control. The decision

EU President Promises EU Tax to Bilderbergers

EU President Promises EU Tax to Bilderbergers

By Bruno Waterfield, Justin Stares and Colin Freeman Within days of taking office in January, the former Belgian prime minister will put his weight behind

Iran: Will Sanctions Work?

Iran: Will Sanctions Work?

By George Friedman The Iranian government has rejected, at least for the moment, a proposal from the P-5+1 to ship the majority of its low-enriched

A Solari Report – Canadian Banking

A Solari Report – Canadian Banking

Overview Canadian banks, trust companies, loan companies, credit unions, deposit-taking insurance companies, pension funds and retail associations are regulated and examined for safety and soundness

Victory For Private PA Food Buying Club

Victory For Private PA Food Buying Club

Magisterial District Judge Jene Willwreth today dismissed both charges brought by the Pennsylvania Department of Agriculture against C.A.R.E. member Jan Haller in Ephrata, Pennsylvania. Before

On the "Government Version"

On the "Government Version"

“It only seems controversial because there is a such a glaring difference of opinion between those who believe the government’s version of events and those

France Finds Monsanto Guilty

France Finds Monsanto Guilty

Posted By Dr. John Mercola France’s highest court has ruled that U.S. agrochemical giant Monsanto had not told the truth about the safety of its

Europe Chooses a President

Europe Chooses a President

Continue reading Europe Chooses a President Stratfor (20 Nov 09) More than eight years after the idea was first mooted, Europe has finally got a

SixthSense Technology

SixthSense Technology

Continue reading Pranav Mistry: The Thrilling Potential of SixthSense Technology YouTube (18 Nov 09)

Quote du Jour

Quote du Jour

Let us guard against inhumans, but let us guard even more against becoming inhuman ourselves. ~ Patriarch Pavle Continue reading Patriarch Pavle of Serbia

The Paul-Grayson Amendment Passes

The Paul-Grayson Amendment Passes

Paul-Grayson “Audit The Fed” Bill Passes Financial Services Committee Fire Dog Lake (18 Nov 09) The Paul-Grayson Amendment Lew Rockwell.com (19 Nov 09) Showdown: Ron

The Darker Profits from Unemployment

The Darker Profits from Unemployment

Hi Catherine: This article and video have been going around on Facebook, and after reading about it I was very disturbed. I’m wondering what your

Goldman, God & the Great Vampire Squid

Goldman, God & the Great Vampire Squid

Goldman Sachs has a political problem and the tension is rising daily as the housing market continues to swoon and unemployment grows. Goldman’s business model

Paulson To Invest $250m In New Gold Fund

Paulson To Invest $250m In New Gold Fund

By James Quinn Mr Paulson, best known for making $3.7bn from bets on the collapse of the US sub-prime mortgage market, is believed to have

"Space War"

"Space War"

Continue reading Arsenal of Hypocricy (part 1)

Changing The World With Wireless Broadband

Changing The World With Wireless Broadband

The Wireless Communications Association International (WCAI) exists to advance economic opportunity for the wireless broadband industry worldwide. WCAI is a technology-neutral trade association that seeks

Letter to the Editors of The Wall Street Journal

Letter to the Editors of The Wall Street Journal

November 14, 2009 Ladies and Gentlemen: Your editorial “The FHA’s Bailout Warning” states that the deterioration in The Federal Housing Administration’s (FHA) financial position “is

Insiders & Outsiders: Financial Class Society

Insiders & Outsiders: Financial Class Society

By Vivien Lou Chen and Sandrine Rastello Federal Reserve Bank of New York President William Dudley said the central bank could curtail the risk of