1929 vs 2009

1929 vs 2009

Mark Lundeen has just published week 86 in his “Bear Market Race to the Bottom Series.” View the series to date at Gold Speculator—weeks 69

Benefit Spending Soars to New High

Benefit Spending Soars to New High

by Dennis Cauchon Benefits, such as Social Security, food stamps, unemployment insurance and health care, accounted for 16.2% of personal income in the first quarter

Profiting on Confidential Information

Profiting on Confidential Information

Photo By: Wall Street Geek By Marcy Gordon and Greg Risling Angelo Mozilo, the man who rode the housing boom to build Countrywide Financial Corp.

The Opportunity for Shareholder Activism

The Opportunity for Shareholder Activism

By David Weidner The reality of shareholder enfranchisement is harsh and depressing, a testament to the intractability of the system and the apathy of participants.

Unemployment

Unemployment

Alas, the official statistics grow ever more suspect. Here are some comments on the real unemployment numbers. May Employment Report Not Believable Temp Work Helps

Big Cuts in Medicare and Medicaid Coming

Big Cuts in Medicare and Medicaid Coming

Youtube As discussed in last night’s Solari Report, the top story of the week is the abrogation of the social contract in America. Bernake alluded

The Geography of Recession

The Geography of Recession

By Peter Zeihan The global recession is the biggest development in the global system in the year to date. In the United States, it has

Discretion

Discretion

Artist: Antoine Ausustine Preault “What you don’t see with your eyes, don’t invent with your mouth.” — Jewish Proverb

A New World Order

A New World Order

Below are the top 20 financial institutions by market capitalization in 1999 and then in 2009. Read article

Agri-Food Thoughts

Agri-Food Thoughts

View both charts in larger format View article

Where Does Your Food Come From?

Where Does Your Food Come From?

If you want to get an in-depth overview of the many problems facing the American food system, here is a good overview. Related Links: Support

Tennessee Cow-Share Bill is Now Law

Tennessee Cow-Share Bill is Now Law

By Shawn Dady Tennessee Representative Frank Nicely has been quietly working on a cow-share bill for the state of Tennessee. This is a very good

Ecuador Orders Banks to Repatriate Some Assets

Ecuador Orders Banks to Repatriate Some Assets

QUITO, May 30 (Reuters) – Ecuador’s government-run central bank has ordered private banks to repatriate $1.2 billion in overseas deposits and investments to help jump-start

Real or Paper Gold?

Real or Paper Gold?

[CAF Note: But are they buying real gold or paper gold?] By Andrew Frye Northwestern Mutual Life Insurance Co., the third-largest U.S. life insurer by

I Smell a Rat!

I Smell a Rat!

Credit: John Tenniel by Greg Palast They may be crying about General Motors’ bankruptcy today. But dumping 40,000 of the last 60,000 union jobs into

Oklahoma Sovereignty

Oklahoma Sovereignty

By Michael McNutt Although Gov. Brad Henry vetoed similar legislation 10 days earlier, House members Monday again approved a resolution claiming Oklahoma’s sovereignty. Unlike House

California Budget Stress

California Budget Stress

A local pastor and his wife claim they were interrogated by a San Diego County official, who then threatened them with escalating fines if they

Song of Solomon

Song of Solomon

Set me as a seal upon thine heart, as a seal upon thine arm: for love is strong as death Song of Solomon 8:6

New Empire, New Cities

New Empire, New Cities

Now that a variety of factions have harvested the planet for trillions of dollars in the latest round of financial pump and dumps, the questions

More Google Games

More Google Games

By Andrew Lehman It was clear to me that in preparation for going public, Google was actually seeding its searches with inefficiencies in order to

The Spoils of Victory

The Spoils of Victory

By Chelsea Schilling As part of its Chapter 11 bankruptcy, Chrysler is terminating one-fourth of its franchises – but some say its catalog of doomed

Does Rape Hold the Dollar Up?

Does Rape Hold the Dollar Up?

Paul Albert Bartholome, Crying Girl By Duncan Gardham and Paul Cruickshank Detail of the content emerged from Major General Antonio Taguba, the former army officer

Financial Permaculture 2009

Financial Permaculture 2009

There are positive ways to align our economic activities with our natural environment, and then there are negative ways. A sales tax is one of

Spring Cleaning

Spring Cleaning

Coming Clean is a process of transforming from the inside out. It is never over, there is always more opportunity, no matter what is going

When Did Your County's Jobs Disappear?

When Did Your County's Jobs Disappear?

An interactive map of vanishing employment across the country, updated with the latest figures. [Click the image to go to the Slate website to view

Reality Check

Reality Check

“The contemplation of things as they are without error or confusion, without substitution or imposture, is in itself a nobler thing than a whole harvest

Vaccines Coming?

Vaccines Coming?

With trial balloons floating regarding the possibility of preventative detention and now government vaccine programs, the control necessary to keep the dollar high and government

Big Decline in Gold Derivatives

Big Decline in Gold Derivatives

Gold Derivatives: The Tide Turns By Reg Howe On May 19, 2009, the Bank for International Settlements released its regular semi-annual report on the over-the-counter

On Play

On Play

Play is the highest form of research.        ~ Albert Einstein

International Space Station

International Space Station

The International Space Station as seen from the departing Space Shuttle Discovery during STS-119. From Wikipedia. The International Space Station (ISS) is a research facility

My Leeks

My Leeks

Credit: Leeks by Peggy Turchett The rain this Spring has just kept coming. Everything in Hickory Valley is green and lush. My leek stalks are

FDIC Insurance Increase Extended to 2013

FDIC Insurance Increase Extended to 2013

The standard insurance amount currently is $250,000 per depositor. The $250,000 limit is permanent for IRAs and other certain retirement accounts. The $250,000 limit is

Imagination: The Grand Solution

Imagination: The Grand Solution

by Jon Rappoport I’ve been talking and writing about imagination for a long time. I consider it the key to the whole ballgame. It liberates

Angelic Cricket Choir

Angelic Cricket Choir

Credit: Antonio H. Miguel Jim Wilson integrated two tracks of crickets singing. One was a normal recording. One was slowed down by a divisor that

California Budget Cuts

California Budget Cuts

By Patrick McGreevy and Michael Rothfel Reporting from Sacramento — Gov. Arnold Schwarzenegger and lawmakers scrambled Wednesday to avert a financial meltdown, and public officials

Gates Confirms Iranian Missile Test

Gates Confirms Iranian Missile Test

U.S. Defense Secretary Robert Gates confirmed that Iran successfully test-fired a new missile yesterday, the Washington Times reported. (May. 21) – Iran’s Sajjil 2 missile

U.S. Debt Clock

U.S. Debt Clock

Feel like a good cry? Check out the new U.S. Debt Clock. View . . .

Obama: Worried about a Falling Dollar?

Obama: Worried about a Falling Dollar?

President Obama told human rights advocates at the White House on Wednesday that he was mulling the need for a “preventive detention” system that would

Gulf Currency Plan Threatened

Gulf Currency Plan Threatened

A project to establish a common currency for the Gulf has been dealt a near-fatal blow with the decision by the United Arab Emirates to

Chrysler & GM to Dealers: Drop Dead

Chrysler & GM to Dealers: Drop Dead

Corrected – Update 1-GM Bankruptcy Plan Eyes Quick Sale to Gov’t Chrysler: Dealership Letters in The Mail Chrysler Closing 789 Dealerships GM Whacks 1,100 Dealers

Get Mint Oil~!

Get Mint Oil~!

Master Plan from http://www.indigination.com/farm.htm The story of Crosby Mint Farm in Michigan is… a story of why it is essential for farmers to build retail

My Family

My Family

The Fitts-White Clinic in Jackson, Tennessee I have had a number of recent requests about my family background.  I thought I would provide a collection

Are You Ready for Wolfram?

Are You Ready for Wolfram?

Wolfram|Alpha (also written WolframAlpha or Wolfram Alpha) is an answer-engine developed by Wolfram Research. It is an online service that answers factual queries directly by

Island of California

Island of California

The Island of California refers to a long-held European misconception,dating from the 16th century, that California was not part of mainland North America but rather

Into the Dance

Into the Dance

He deals the cards as a meditation And those he plays never suspect He doesn’t play for the money he wins He doesn’t play for

Hubble Repairs Complete

Hubble Repairs Complete

By Associated Press Andrew Feustel, left, and John Grunsfeld work to upgrade the Hubble Space Telescope during a spacewalk, Monday, May 18, 2009. The Atlantis

An End to the War on Weed?

An End to the War on Weed?

Each year, Americans spend a whopping $39 billion on domestically grown marijuana, and another $7-10 billion on weed smuggled in from Canada. In short, untaxed

Camelot’s Kitchen

Camelot’s Kitchen

Years ago, my dear friend Shoreh was sitting in her elegant Beverly Hills home when a beautiful, white bunny rabbit appeared at her door.  Immediately

Mapping Real Small Business Risk

Mapping Real Small Business Risk

There are a number of forces causing small business income and equity to decline that are not related to fundamental economic productivity. Many of these

Angelo Left Hanging Out to Dry?

Angelo Left Hanging Out to Dry?

Now that all the money is safely offshore, and the Countrywide mortgage operations are tucked into Bank of America, will Countrywide’s founder Angelo Mozilo be

The Bailout and the New Planet

The Bailout and the New Planet

By Jon Rappoport I’ve been talking to a few people lately who are knowledgeable about the bailout at ground level. There are still many mysteries

Dubai Goes Green

Dubai Goes Green

This past February, the Dubai Chamber of Commerce authorized the development of a “free zone” dubbed Food City. GCLA, a green landscape architect firm, proposed

Something So Terrible, No One Dare Know

Something So Terrible, No One Dare Know

(Artwork: Mark Clifford) WASHINGTON (AP) — President Barack Obama declared Monday he would try to block the court-ordered release of photos showing U.S. troops abusing

Land of the Free, Home of the Brave

Land of the Free, Home of the Brave

The state of Montana approved what commentators are dubbing a “revolutionary” new law earlier this month. The “Montana Firearms Freedom Act” is set to trigger

GATA Goes to London

GATA Goes to London

Last week a three-man team from the Gold Anti-Trust Action Committee (GATA) presented to an audience of more than 70 people including portfolio managers, brokers,

Capital Controls by Another Name

Capital Controls by Another Name

Is the attack on “tax havens” an attack on corporate abuses or an attack on privacy, freedom and capital controls by another name? Is our

Take Action

Take Action

Kua Tapapahia Nga Korero ~ M?ori Saying Translation: The time for talk has been laid down upon the earth . . . The time for

Who's Behind the Financial Meltdown?

Who's Behind the Financial Meltdown?

A Center for Public Integrity Project “The top subprime lenders whose loans are largely blamed for triggering the global economic meltdown were owned or backed

The Real Annual Pentagon Budget – $1 Trillion

The Real Annual Pentagon Budget – $1 Trillion

Winslow Wheeler, Counterpunch – “For decades, the media have taken their descriptions of the size of the defense budget straight from the Pentagon’s annual press

Will Oklahoma Pull the Trigger?

Will Oklahoma Pull the Trigger?

Although Governor Brad Henry vetoed similar legislation 10 days earlier, House members Monday again approved a resolution claiming Oklahoma’s sovereignty. Unlike House Joint Resolution 1003,

Central Banks & The Rise of Narco Dollars

Central Banks & The Rise of Narco Dollars

Inspired by events in Afghanistan and rumblings about Iran, I described the correlation between the creation of the Federal Reserve and the creation of an

NASA's Themis Mission

NASA's Themis Mission

[Artist’s concept of Earth’s magnetic field. Credit: NASA] Sun Often “Tears Out A Wall” In Earth’s Solar Storm Shield Earth’s magnetic field, which shields our

The Risks of Arson

The Risks of Arson

This week is the U.S. Fire Administration’s Arson Awareness Week. As a former Assistant Secretary of Housing, I want to assure you that the patterns

Questions, Questions

Questions, Questions

Was the public disclosure of the bank stress tests delayed so Goldman Sachs could raise capital? Is national policy managed to serve one private investment

Financial Data One-Way Street

Financial Data One-Way Street

As the US government disclosure continues to diminish and the government continues to refuse to find money missing from its coffers or explain why it

It is Lawful to Decline an Unlawful Order

It is Lawful to Decline an Unlawful Order

Oath Keepers is a non-partisan association of currently serving military, reserves, National Guard, peace officers, and veterans…Below is [their] declaration of orders [they} will NOT

Who Owns Capitol Hill?

Who Owns Capitol Hill?

“The banks—hard to believe in a time when we’re facing a banking crisis that many of the banks created—are still the most powerful lobby on

A Short History of the Gold Cartel

A Short History of the Gold Cartel

By James Turk, Editor Freemarket Gold & Money Report (3 May 09) “This week Bill Murphy and Chris Powell, co-founders of the Gold Anti-Trust Action

Chrysler Bankruptcy

Chrysler Bankruptcy

The banks were secured and get 28 cents on the dollars back. The people who make real things, including the 38,500 employees who will lose

Double Standard

Double Standard

Key Cog in South, Silverton Bank Fails Wall Street Journal (2 May 09) Excerpt: Federal regulators were “not sympathetic” to the argument that a Silverton

Jack Kemp: 1935 – 2009

Jack Kemp: 1935 – 2009

By Matt Apuzzo And Carolyn Thompson, Associated Press Writers Sun May 3, 1:45 pm ET WASHINGTON – Jack Kemp, the former pro quarterback who turned

Brady

Brady

Blast From the Past ForexHound (27 Apr 09) Excerpt: Nicholas Brady, former Secretary of the Treasury during the Reagan and Bush I administrations, gave a

Spring Tree

Spring Tree

“Nothing is less real than realism. Details are confusing. It is only by selection, by elimination, by emphasis that we get at the real meaning

Putting Swine Flu in Perspective

Putting Swine Flu in Perspective

YouTube Video Novavax (NVAX) Up 25% on Flu Swine Flu Propaganda – 1976 A YouTube Video Novavax (NVAX) Up 25% on Flu Catherine Austin Fitts

Change Bankers Had Hoped For

Change Bankers Had Hoped For

Now that the 5th Summit of the Americas is over, we would like to point out that there is no interest in renegotiating or reopening