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.

By Hugh Son Timothy Geithner was asked to testify before Congress about the Federal Reserve Bank of New York’s efforts to limit American International Group

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

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

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

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

Continue reading The Decline: The Geography of a Recession

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

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.

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

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

“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,

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

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

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

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

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

By Larry O’Connor In 1983, President Ronald Reagan issued an Executive Order which gave permission to the International Criminal Police Organization (INTERPOL) to operate within

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

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

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

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

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

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

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

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

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

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

Continue reading American Faust From Condi to Neo-Condi Related Articles: American Faust: From Condi to Neo-Condi American Faust – video American Faust: From Condi to

By Michael Flaherty Russia’s UC RUSAL moved closer to its planned $2.6 billion Hong Kong initial public offering by unveiling key details as it aims

by Jon Rappoport I’m offering an experimental hypothesis here, based on how markets work. I’m talking about trading markets—stocks, commodities. As you know, the (false)

Continue viewing The Power of Community: How Cuba Survived Peak Oil

A directed-energy weapon (DEW) is a type of weapon that emits energy in an aimed direction without the means of a projectile. It transfers energy

Nobel Prize-winning economist Joseph Stiglitz warned there’s a “significant” chance the U.S. economy will contract in the second half of next year, and urged the

By Joe Weisenthal Continue reading Chart of The Day: Subprime Delinquencies Continue To Soar

The New York Times reports investigators in the U.S. Congress at the Securities and Exchange Commission and at the Financial Industry Regulatory Authority have launched

The Federal Reserve proposed offering banks the opportunity to park their money at the central bank in “term deposits,” which would pay interest. The move

Continue reading Move Your Money

By William Grigg The RAND Corporation, one of the most fecund research arms of the Military-Industrial-Homeland Security Complex, has released a study entitled A Stability

By Walter Pincus The aim was also to save money, but last year Congress reported that contract employees were each costing the government an average

Continue reading Social Media ROI: Socialnomics

Israel’s ambassadors and consuls generals from all over the world have been summoned to attend a conference to be held over global challenges facing Israel.

(Chart By Tyler Durden) By John Glover Investors who bought gold or commodities at the beginning of the decade should have tripled their money by

Lawrence Wilkerson is a retired United States Army soldier and former chief of staff to United States Secretary of State Colin Powell. Wilkerson is an

Related articles: Stranded Chesterfield County Trucker Works to Get Home After Company Closes Arrow Trucking Bankruptcy: Tulsa Staff Sent Home US Trucking Operators YRC And

In other business news, the Washington Post reports many top executives at the bailed-out insurance giant AIG have reneged on promises to pay back part

Two-thirds of U.S. companies don’t expect their employment to return to pre-recession levels until 2011 or later. That prediction was one slice of data from

By Dwight Jones The announcement by the United Nations this week that it will license the minting of silver and gold bullion coins bearing the

By Fionnan Sheahan Shoppers and businesses will be using more plastic and less paper money quite soon under a new Government plan to reduce the

By Sam Pizzigati Has picking a year’s greediest “top ten” ever been easier? We don’t think so. We could, this year, fill an entire top

By Suzanne Daly On a warm October morning, Michael Carnacchi stands respectfully in the Sonoma County Civil Court as his case, Carnacchi v. Citibank, is

By Vincent Fernando and Kamelia Angelova Continue reading CHART OF THE DAY: Manufacturing Capacity Was Demolished In 2009

Continue reading Why No One Invades Switzerland

Continue reading The Story of Cap & Trade

By Vincent Fernando and Kamelia Angelova Continue reading Chart of The Day: Port Data Shows Huge Global Recovery

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

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

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

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

By Alan Bjerga A record 37.2 million people, or about one out of every eight Americans, received food stamps in September, as the recession drove

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

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

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,

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

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

By Joe Weisenthal and Kamelia Angelova Continue reading Small Business Cash Crunch Fears Getting Worse And Worse. . .

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

By Vincent Fernando and Kamelia Angelova Continue reading The Average Investor Remains Terrified Of The Stock Market. . .

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

By Kim Zetter Want to know how much phone companies and internet service providers charge to funnel your private communications or records to U.S. law

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

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

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

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

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

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

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