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 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

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

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

Continue reading How Will The Economy Recover With Lending Shrinking Like This?

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

Continue reading Video Dispatch: The Year Ahead in East Asia

Continue reading Video Dispatch: The Year Ahead for Russia

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

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

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

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

“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

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

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

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

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

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

View Larger Chart Continue reading US Avoids Technical Default By Three Days

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

Continue reading How The Government Payroll Replaced Goods Producing Jobs

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

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

Continue reading Is The Government Misrepresenting Unemployment By 32%?

By Jason Leopold A federal judge in Washington, DC on Thursday dismissed criminal charges against five Blackwater guards involved in the massacre of 14 Iraqi civilians in Baghdad in September 2007, an incident that led

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

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)

By Ambrose Evans-Pritchard “We’re seeing the rise of the East, but I don’t think we’re seeing the fall of the West. China and the Middle East are for the most part massively short of food

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

Continue reading Government Bonds Were The Dumbest Bet Of The Year

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 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,

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

By Catherine Austin Fitts In the summer of 2000, I asked a group of 100 people at a conference of spiritually committed people who would push a red button if it would immediately stop all

The Rape of Russia by Anne Williamson The following is Anne Williamson’s testimony before the Committee on Banking and Financial Services of the U.S. House of Representatives, presented Sept. 21, 1999. It shows how the

[This article was originally published in April 2003] By Catherine Austin Fitts A Tapeworm’s Triumph The other day, a natural healing practitioner explained the strategy used by a tapeworm to prosper. A tapeworm, she said,