Young Blood Reverses Sign Of Aging In Old Mice

Young Blood Reverses Sign Of Aging In Old Mice

By Emily Singer The anti-aging power of blood might not be just the stuff of vampire stories. According to new research from Harvard University, an unspecified factor in the blood of young mice can reverse

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 GPO Access [wais.access.gpo.gov] [DOCID:fr28ja10-13] [[Page 4635]] SUMMARY: The Office of

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. View Larger Chart Continue reading The Trillion Dollar Mean Reversion

Rep. Marcy Kaptur Questions Tim Geithner

Rep. Marcy Kaptur Questions Tim Geithner

CAF Note: Not enough time to ask about: the Chair of the NY Fed being a former Goldman Co-Chair, a member of the Goldman board and shareholder; what % of the shares of the NY

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 they should be allowed to grow industrial hemp without fear

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 do business with people you respect and trust; 3. Stick

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 Congress. It will be Obama’s first State of the Union

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 get a much more accurate explanation of the government’s gift

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 of AIG. The hearing will focus on the decision to

Suspending Money Market Redemptions Is Now Legal

Suspending Money Market Redemptions Is Now Legal

By Tyler Durden Zero Hedge discussed a month ago the disastrous prospects of what would happen if the new proposal contemplated by the SEC, which would allow the suspension of redemptions from Money Market Funds,

HuffPo’s Ryan Grim: Is Bernanke Hiding A Smoking Gun?

HuffPo’s Ryan Grim: Is Bernanke Hiding A Smoking Gun?

By Ryan Grim A Republican senator said Tuesday that documents showing Federal Reserve Board Chairman Ben Bernake covered up the fact that his staff recommended he not bailout AIG are being kept from the public.

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 officials rejected a proposal that would have forced the insurer’s

Hunting Humans With Unmanned Aerial Drones

Hunting Humans With Unmanned Aerial Drones

By Nick Turse One moment there was the hum of a motor in the sky above. The next, on a recent morning in Afghanistan’s Helmand province, a missile blasted a home, killing 13 people. Days

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 Chart of The Day: Say Goodbye To The Great Liquidity

UBS Tax Ruling May Prompt Fresh U.S. Legal Battle

UBS Tax Ruling May Prompt Fresh U.S. Legal Battle

By David Voreacos, Carlyn Kolker and Klaus Wille A Swiss court ruling that impedes the Internal Revenue Service’s ability to collect data on 4,450 UBS AG accounts may prompt the U.S. to revive a lawsuit

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 and investment firms. But these actions have been largely unresponsive

‘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 a request to protect matters of national security, according to

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, or specifically September 14, 2008 through the end of the

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 how some senior aid officials have argued for withholding aid

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 on us may not have cured the drought, but they

“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 while. Our national politics are reflecting what appears to be

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: From Servant to Lord of the Economy

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 all documents relating to the AIG bailout, and asks Edolphus

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. Loosen lending standards until the assets you seek to capture

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 customers’ individual notes. In response, please see these previous blog

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 in the district court, which is a court of law,

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 with us is relaxing, refreshing and most of all fun.

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

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 the earthquake. The holding of pre-disaster simulations pertained to the

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 they ignored the rising public outcry about multibillion-dollar bonus pools.

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 Senate Republicans the 41st vote they need to block legislation

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 legislation now more assured, I felt, as a physician, and

“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 flu pandemic, President Barack Obama signed Executive Order 13528 on

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 Mary L. Schapiro. “Today’s proposal would require that if a

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 in certificates of deposits, savings accounts and money market accounts

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) Is the gold market one of the smallest markets in

Karma Means You Don’t Get Away With Anything

Karma Means You Don’t Get Away With Anything

For years I have been looking for the story of Jung’s patient who had poisoned her best friend. Thanks to the wonderful Paul Levy at www.awakeninthedream.com and his rich expertise in all things Jung, I

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 back by the Chicago Federal Reserve Bank. Here it is:

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 care plan in their state, and we expect that number

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 few more high-wattage witnesses. Henry M. Paulson Jr., the former

At Calpers, A Revolving Door Of Fees For Influence

At Calpers, A Revolving Door Of Fees For Influence

By Craig Karmin A former top Calpers official has been paid more than $900,000 by a European money manager after he helped the start-up firm secure money from the giant public pension fund, according to

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 thought to a packed house in Santa Barbara… Related post:

Goldman E-Mail Message Lays Bare Trading Conflicts

Goldman E-Mail Message Lays Bare Trading Conflicts

By Andrew Ross Sorkin For years, Wall Street whispered that Goldman Sachs profited handsomely by trading ahead of — or even against — its own clients. On Tuesday, a Goldman executive made an unusual admission

U.S. 2009 Foreclosures Shatter Record

U.S. 2009 Foreclosures Shatter Record

U.S. foreclosure actions shattered all records in 2009 and will do so again this year, with unemployment and wage cuts overcoming programs to remedy failing home loans, RealtyTrac said on Thursday. A record 2.8 million

Big Bank CEOs Spin

Big Bank CEOs Spin

Yesterday morning,  executives from the banks which control the NY Fed and, in that capacity, serve as the depositories and agent for the US government, testified before the Financial Crisis Inquiry Commission. This is the

GM Corn Causes Liver and Kidney Damage

GM Corn Causes Liver and Kidney Damage

Genetically modified maize can damage the liver and other internal organs in mammals, according to a new study published in the International Journal of Biological Science. In the study, rats were fed three GM maize

TV Increases Risk of Death

TV Increases Risk of Death

Researchers in Australia found that prolonged television viewing was linked to an increased risk of death, even in people who exercised regularly, and recommended more be done to encourage people to spend fewer hours sitting

Black Says Geithner `Cover Up’ Also a Bernanke Scandal

Black Says Geithner `Cover Up’ Also a Bernanke Scandal

William Black, an associate professor of economics and law at the University of Missouri-Kansas City, talks with Bloomberg’s Betty Liu about Secretary of Treasury Geithner. View video:Black Says Geithner `Cover Up’ Also a Bernanke Scandal:

US Response to Haiti

US Response to Haiti

President Barack Obama said, “My thoughts and prayers go out to those who have been affected by this earthquake. We are closely monitoring the situation and we stand ready to assist the people of Haiti.”

Embargo Placed On Central Bank

Embargo Placed On Central Bank

Argentina’s central bank reserves dispute suffered an expected escalation when on Tuesday Judge Thomas Griesa from New York State placed an embargo on Argentine central bank accounts held in the United States, following a lawsuit

Is the US Love Affair With The Auto Ending?

Is the US Love Affair With The Auto Ending?

By Lester Brown America’s century-old love affair with the automobile may be coming to an end. The U.S. fleet has apparently peaked and started to decline. In 2009, the 14 million cars scrapped exceeded the

Gates Foundation Frankenfood

Gates Foundation Frankenfood

By Tom Philpott The Gates Foundation has emerged as a kind of de facto USDA for Africa: a deep-pocketed funder with a focus on agriculture, in a continent that has seen ag-research funding plunge over

Obama Signs Executive Order Establishing Council of Governors

Obama Signs Executive Order Establishing Council of Governors

Executive Order will Strengthen Further Partnership Between the Federal and State and Local Governments to Better Protect Our Nation The President today signed an Executive Order establishing a Council of Governors to strengthen further the

State Revenues Falling

State Revenues Falling

By Joe Weisenthal Continue reading Chart of The Day:Cash-Strapped States Hope Salvation Is Right Around The Corner

Knockout – Doctors Who are Curing Cancer

Knockout – Doctors Who are Curing Cancer

This weekend I read Suzanne Somers’ new book, Knockout: Interviews with Doctors Who are Curing Cancer and How to Prevent Getting It in the First Place. I could not put it down. Somers was inspired

401k/IRA’s: Is Confiscation in the Wind?

401k/IRA’s: Is Confiscation in the Wind?

by Karl Denninger Now this is a guaranteed rape job. In a short conversation this noontime that CNBC apparently has omitted from their archives (Why’s that folks?) Rick Santelli was talking about a potential to

Americans Oppose Proposals to Limit 401(k)s, ICI Says

Americans Oppose Proposals to Limit 401(k)s, ICI Says

By Jeff Plungis U.S. investors oppose federal initiatives that would force them to give up control over their 401(k) accounts, the Investment Company Institute said. Seven in 10 U.S. households object to the idea of

JP Morgan “Rigs” Food Stamps Too!

JP Morgan “Rigs” Food Stamps Too!

Christopher Paton, who runs JPMorgan Chase & Co.’s public-sector benefit payments business, talks with Bloomberg’s Margaret Brennan about trends in food-stamp use in the U.S. Click to View Video Continue at JPMorgan’s Paton Sees `Huge’

AIG Has Become A Figurehead Of All That Is Broken In America

AIG Has Become A Figurehead Of All That Is Broken In America

By Tyler Durden The latest observation on our depressing economic reality, behind the glitzy headlines and the 3D TV screens, comes from Bloomberg’s Jonathan Weil who rightfully asks “if AIG executives repeatedly claimed the stock

Smartdust

Smartdust

Smartdust is a hypothetical wireless network of tiny microelectromechanical sensors (MEMS), robots, or devices, that can detect (for example) light, temperature, or vibration. A typical application scenario is scattering a hundred of these sensors around

Sugar: The Bitter Truth

Sugar: The Bitter Truth

Continue reading Sugar: The Bitter Truth YouTube (30 July 09)

Precious Metals Derivatives Becoming Fantastical

Precious Metals Derivatives Becoming Fantastical

Reginald H. Howe, partner in Golden Sextant Advisors and litigator in the first gold price-fixing case, Howe vs. Bank for International Settlements, has just analyzed the latest precious metals derivatives report from the BIS and

Catherine on Her Soapbox

Catherine on Her Soapbox

By Catherine Austin Fitts I would like to propose a contrary theory to the dire views of those looking behind the veil of recent economic statistics. First, if you look at the amount of money

Job Figures Won’t Add Up

Job Figures Won’t Add Up

By John Crudele The charade continues this Friday. That’s when the Labor Department will announce how many jobs it claims were lost in the US economy during December. The number is essentially worthless to anyone

Iceland to Hold Referendum on Icesave After Veto

Iceland to Hold Referendum on Icesave After Veto

By Omar R. Valdimarsson and Tasneem Brogger Iceland will hold a referendum on a depositor accord with the U.K. and Netherlands after President Olafur R. Grimsson blocked the bill in a move that threatens to

The Ascent of Hooey

The Ascent of Hooey

By Robert K. Landis On October 16, 1929, Irving Fisher, Professor of Economics at Yale University, made a famous prediction: “Stock prices have reached what looks like a permanently high plateau.” [1] The prediction, coming

The Yemen Hidden Agenda

The Yemen Hidden Agenda

By F. William Engdahl On December 25 US authorities arrested a Nigerian named Abdulmutallab aboard a Northwest Airlines flight from Amsterdam to Detroit on charges of having tried to blow up the plane with smuggled

Living in the U.X.A. (Unemployed Exchange Association)

Living in the U.X.A. (Unemployed Exchange Association)

“At the height of the Great Depression, a group of unemployed Oakland workers decided to take matters into their own hands. The system wasn’t working, so they set up their own system. Money was nearly

A Spectacular Year For Gold And Silver

A Spectacular Year For Gold And Silver

With his new commentary today, GoldMoney founder, Free Gold Money Report editor, and GATA consultant James Turk celebrates the spectacular performance of gold and silver in 2009. Turk reports that gold rose in all major

Gold Is Precious to the IRS, Too

Gold Is Precious to the IRS, Too

By Bob Carlson Precious-metals sellers could face a bigger tax bite than they expect. Investors have been pouring money into exchange-traded funds that buy gold and silver, and that has helped push the price of

“Sorry – Money Market Account  is Now Frozen”

“Sorry – Money Market Account is Now Frozen”

By Tyler Durden When Henry Paulson publishes his long-awaited memoirs, the one section that will be of most interest to readers, will be the former Goldmanite and Secretary of the Treasury’s recollection of what, in

2009 Global Output, Prices and Unemployment

2009 Global Output, Prices and Unemployment

The global high-low on unemployment is South Africa with a 24.5% unemployment rate and Thailand at 1.2%. On GDP, China is up 8.2% and Latvia is down with -16.9%. For the full chart from the

America – A Ponzi Scheme That Works

America – A Ponzi Scheme That Works

“The greatest strength of America is that people want to live there.” Continue reading A Ponzi Scheme That Works

New York Fed Urged AIG to Keep Bank Payments Secret

New York Fed Urged AIG to Keep Bank Payments Secret

By Hugh Son The Federal Reserve Bank of New York, then led by Timothy Geithner, told American International Group Inc. to withhold details from the public about the bailed-out insurer’s payments to banks during the

Senate Food Safety Bill – Take Action

Senate Food Safety Bill – Take Action

The Weston A. Price Foundation has produced an action alert regarding the Senate Food Safety Bill. From their newsletter (available only to subscribers): Start the New Year off right, by talking with your Senators about

Shunning the Banksters

Shunning the Banksters

Continue reading Shunning the Banksters – Catherine Austin Fitts on Economics 101 Related articles: The Corbett Report

Faith & Finance: A Boom in Religious Funds

Faith & Finance: A Boom in Religious Funds

What if Jesus where a stock picker? It’s a question more investors seem to be asking these days. At a time when investors’ confidence in the markets has been shaken—even after the big rally of

Morgan Stanley “Defrauded Investors”

Morgan Stanley “Defrauded Investors”

By Jonathan Stempel NEW YORK (Reuters) – Morgan Stanley (MS.N) has been sued by a Virgin Islands pension fund that accused the Wall Street bank of defrauding investors by marketing $1.2 billion (753 million pounds)

“Corporate Cash Grows”

“Corporate Cash Grows”

As we move into the new year and 2010 forecast after forecast hits the Street, invariably the “mountain of money on the sidelines” argument is being put forth by more than a good number of

10 Year Treasury in 2009

10 Year Treasury in 2009

Continue reading Government Bonds Were The Dumbest Bet Of The Year

“WHO”  Under Investigation

“WHO” Under Investigation

By F. William Engdahl The Council of Europe member states will launch an inquiry in January 2010 on the influence of the pharmaceutical companies on the global swine flu campaign, focusing especially on extent of

GATA Distributes International Press Release on Lawsuit vs. Fed

GATA Distributes International Press Release on Lawsuit vs. Fed

GATA Press Release via Business Wire GATA Sues Federal Reserve to Disclose Gold Market Intervention Records Wednesday, December 30, 2009 The Gold Anti-Trust Action Committee Inc. today brought suit against the U.S. Federal Reserve Board,

GATA Sues The Fed

GATA Sues The Fed

The Gold Anti-Trust Action Committee Inc. today brought suit against the U.S. Federal Reserve Board, seeking a court order for disclosure of the central bank’s records of its surreptitious market intervention to suppress the monetary

Gifting to the Children We Love – Part X

Gifting to the Children We Love – Part X

Read the full article here. We live in a world of increasing risk. The family is the most successful risk-management organization created by mankind. Yet many of us have experienced families that have been torn

Gifting to the Children We Love – Part IX

Gifting to the Children We Love – Part IX

Read the full article here Nature of Gifts and Applicability of Gift Tax Unlike income taxes, the federal gift tax applies to donors of gifts, not the recipients. Because of the interrelationships among the gift