Artist: Alberto Ruggieri From BBC News “From programmes involving large capital infusions into hundreds of financial institutions, to a mortgage modification programme, to public-private partnerships

We posted this back in 2007, but thought it might be worth viewing again as we watch a parade of rich financiers insist that they

Gov. Arnold Schwarzenegger and California legislative leaders Monday said they reached a compromise to close the state’s $26 billion budget shortfall. Continue Reading California Budget

By Tim Mullaney Venture capital investment fell 51 percent in the second quarter as firms coped with the recession and a drought in initial public

More information at Wikipedia . . . Update: Asia Darkens Under Long Solar Eclipse Reuters (22 July 09)

By Rob Kirby With the former Investment Banks being granted Commercial Banking status due to the unfolding financial crisis in late 2008, it was widely

Shock: Inside the Healthcare Bill EconomicPolicyJournal.com “Following the mad recommendations of Peter Singer made in NYT’s Sunday magazine, it pays to take a look at

Under current law, the federal budget is on an unsustainable path, because federal debt will continue to grow much faster than the economy over the

Public Roads By: Ellen Dannin On July 24, 2008, the Denver Post reported that Coloradans were shocked to learn that the private contractor that had

By Paul Craig Roberts There is no economy left to recover. The US manufacturing economy was lost to offshoring and free trade ideology. It was

By Zachary Roth So: is Steve Rattner stepping down as the Obama administration’s car czar because of the investigation into whether his private-equity fund used

Under a broader definition of joblessness, some states have rates higher than 20 percent. This rate includes part-time workers who want to work full time,

AnimalFarm This morning, hundreds of Amazon Kindle owners awoke to discover that books by a certain famous author had mysteriously disappeared from their e-book readers.

Japan has again shown off one of its greatest innovations – square watermelons. For years consumers struggled to fit the large round fruit in their

“Walter Leland Cronkite, Jr. (November 4, 1916 – July 17, 2009) was an American broadcast journalist, best known as anchorman for the CBS Evening News

Goldman Sachs, the nation’s most powerful financial company, has reported the richest quarterly profit in its 140-year history: $3.44 billion between April and June. Goldman’s

By David Liechty In 1861, as the Civil War began, gold and silver coin remained the only national currency, while private-issued fractional-reserve bank notes, redeemable

At Zerohedge.com

The nation’s largest public pension fund has filed suit in California state court in connection with $1 billion in losses that it says were caused

British Courtroom By Tyler Durden While momentum chasers in America quarrel over worthless data points and whether some trading desk bought an additional 20 PCs

By David Liechty Gold and silver coin conforming to the Act of 1792 formed the basis of the US monetary system for over seventy years.

Photo: M and Y Hummingbird: Experts say birds are seen as messengers of the gods so this could be a message from beyond our world.

Photo:  Swiss Guards serve as the Pope’s bodyguards. On June 3, the Italians seize $134.5 billion in US Treasuries (maybe fake, maybe not) from two

Learn more about Kyle Thiermann and Claim Your Change here.

The Bohemian Grove is a private meeting north of San Francisco along the Russian River that occurs for several weeks each July. “The Bohemian club!

July 10, 2009 Bill Moyers: Welcome to the Journal. The biggest medical drama on our TV screens this summer is not reruns of “House” or

When the Swiss bank UBS and federal prosecutors face off in a Florida courtroom on Monday, the focus will be whether UBS must disclose the

Charity in truth, to which Jesus Christ bore witness by his earthly life and especially by his death and resurrection, is the principal driving force

Mohammed Bah Abba made a really cool invention, which won a Rolex Award of $100,000 –a refrigerator than runs without electricity. Here’s how it works.

Photo: Reuters Saturday’s scheduled lift-off was expected to be delayed by more than 24 hours after the major electrical storm that struck near the Kennedy

By Franklin Sanders The fact is, gold bugs (with their blind, monomaniacal devotion to gold) miss the point. They are so ideologically wedded to the

Homeless In Tent City, USA It’s a sweltering summer afternoon, and the children are hot and miserable in the tent that’s been their home since

By: Jennifer Barry China now has the fifth largest official gold reserve, 1,054 metric tons, surpassing Switzerland. While this was a 76% jump in gold

By Terrence Keeley The lessons of the past year for central bank reserve managers – overseers of $7,000bn in foreign exchange assets, four times the

By Mike “Mish” Shedlock Look at the average age of baggers in grocery stores or greeters at Walmart. These people are not working because they

By Brian Parkin and Dune Lawrence Leaders of the world’s biggest developed and emerging nations avoided a debate over the dollar’s role in the global

By Maggie Fox The U.S. government will pay for any vaccination program against the H1N1 swine flu, and may encourage schools to help vaccinate children,

US Secretary of the Treasury Geithner & Goldman Sachs Max Keiser: “Does the US Secretary of the Treasury work for the people or does he

By Jonathan Weil Never let it be said that the Justice Department can’t move quickly when it gets a hot tip about an alleged crime

By Ourtownnews The Governor of New York just appointed Richard “Dick” Ravitch to serve as his lieutenant governor. I served as the Dillon Read officer

By Lisa Jucca Switzerland has vowed to prevent UBS from handing over client information to U.S. authorities, in an attempt to defend bank secrecy, saying

Photo: United Future World Currency World leaders attending the Group of Eight summit opening Wednesday in Italy will each be presented with…gold coins representing an

Pope Benedict XVI called Tuesday for a new world financial order guided by ethics, dignity and the search for the common good in the third

Important Dates in the Monetary History of the United States,Part III, 1787 – The Constitution of the United States By David Liechty The Constitutional Convention

Photo by Kurt Nimmo Viennese journalist Jane Burgermeister filed documents with the Vienna prosecutor’s office on April 8th, 2009 accusing vaccine producer Baxter AG, its

Important Dates in the Monetary History of the United States, Part II: 1776 to 1787 – Independence and Articles of Confederation By David Liechty Upon

From Rob Kirby – Rob Kirby Analytics

By David Glovin and Christine Harper Goldman Sachs Group Inc. may lose its investment in a proprietary trading code and millions of dollars from increased

By Stephen Leahy Today it emerged that world leaders are to discuss what is being described as “land grabbing” or “neo-colonialism” at the G8 meeting

Sir James Goldsmith from an interview in November 1994, on the General Agreement on Trade and Tariff (GATT) which created the World Trade Organization: The idea

The 2009 G8 will take place in L’Aquila, Italy from July 8-10 on 2009. The Summit will follow minister meetings which are ongoing: May 24/25

Photo: AFP/Getty MOSCOW, June 26 (RIA Novosti) – A Russian-U.S. military cooperation agreement will be signed during President Barack Obama’s visit to Moscow in early

Credit: Claude Lewenz

In a move set to infuriate and send many Zero Hedge readers over the top, the NYSE has taken action to make sure that nobody

If you think the housing and credit bubble diminished your financial security and your community, or the bailouts, or the rising gas prices did as

Cynthia McKinney Reportedly Taken Captive By Israeli Navy Greenpartywatch.org (30 Jun 09) “The latest from www.freegaza.org reports that the humanitarian vessel Spirit of Humanity has

Would anyone care to comment on what a biometric-based employer verification system is? Continue Reading Senator Charles Schumer Anounces Principles for Comprehensive Immigration Reform Bill

Photo: Svea Herbst- Bayliss Can someone help me understand this? If the reports are accurate, Bernie Madoff’s wife Ruth is having all of her assets

By Jon Birger Known for his early warnings on Bear Stearns and Lehman Brothers, analyst Martin Weiss of Weiss Research is now sounding the alarm

Feb 12, 2002 – Gold Anti-Trust Action Committee View Video

by John Galt Being industrious and an insomniac has its advantages. But as a friend said to me a long time ago, you always get

Continue Reading Obama’s Projected Unemployment Rate With And Without Recovery Plan

I just read a post indicating that the purchase of guns by Americans in 2008 was running at an average of 3 million a quarter

Associated Press – Steve Fielding Steve Fielding recently asked the Obama administration to reassure him on the science of man-made global warming. When the administration

Announcement from Edwin Vieira, Jr.: Responding to numerous requests, I have tentatively arranged for a reprint of my book Pieces of Eight: The Monetary Powers

The IRS has added twenty more questions to their FAQs in connection with the FBAR filings, including instructions for taxpayers who only recently learned of

As state and local governments seek greater revenues to balance their budget, they create new rules, taxes, fees and laws that further destroy economic activity.

By Mark Lundeen The NYSE published weekly Margin Debt (NYSE MD) numbers from the 1920s to 1965. Starting in 1966, they switched to a monthly

Find information about HR 2749, including a petition and frequently asked questions. “A new food safety bill is on the fast track in Congress—HR 2749,

Photo: Russell Lee I keep receiving reports that banks are cutting lines and refusing to loan to healthy businesses. There are more reports of profitable

By Craig Karmin and Liz Rappaport Harvard’s endowment, scalded in the financial crisis, is shying from some riskier bets even as markets had been improving—and

I published Solari & the Rise of the Rule of Law in 2002. I thought it might be appropriate to republish one of the sections

California State Budget Crisis Not Caused by the Recession by Peter Phillips The budget crisis in California has been artificially created by cutting taxes on

By Edgar Ortega NYSE Euronext (See 1) and (See 2) handled $38.05 trillion in stock trades across seven equity markets last year under CEO Duncan

By Scott Lanman Bernanke, whose term expires Jan. 31, faces lawmakers at a hearing this week on steps to aid Bank of America Corp.’s takeover

The recent international banking incident between the US government and Swiss banking authorities in which Treasury demanded private account information about holdings of US citizens

by John Rubino

By: Paul Sutherland NASA will tomorrow launch a spectacular mission to bomb the Moon. Their LCROSS mission will blast off from Cape Canaveral, Florida, carrying

Last week, the firm predicted that President Barack Obama’s government could issue $3.25tn of debt before September, almost four times last year’s sum. Goldman, a

Amidst global economic recession and financial-market fragility, net private capital inflows to developing countries fell to 707 billion US dollars in 2008, a sharp drop

The discussion and debate about the $134.5 billion bonds seized by the Italian government continues. We thought we would put all the links in one

Thomas Geissler of TG Gold-Super-Markt By Richard Evans and Harry Wallop Holidaymakers passing through Britain’s airports could soon have the chance to buy a block

By Scott Rasmussen Republicans by nearly three-to-one say global warming is caused by planetary trends, while Democrats believe human activity is to blame by the

There’s only ONE shot that’s in perfect harmony with the field… One shot that’s his authentic shot, and that shot is gonna choose him… There’s

by Rick Rozoff Since the beginning of the year the United States and NATO have repeatedly indicated in both word and deed their intention to

By Barry Eichengreen & Kevin H. O’Rourke Voxeu.org “This is an update of the authors’ 6 April 2009 column comparing today’s global crisis to the

Obama Initiative Seeks Fix To Finance Regulations Yahoo Finance (17 Jun 09) Obama Bank Revamp May Stall as Competing Issues Mount Bloomberg.com (15 Jun 09)

Background Information A new food safety bill is on the fast track in Congress-HR 2749, the Food Safety Enhancement Act of 2009. The bill needs

Photo By: Joel Black Dr. Sam Chachoua is a talented physician who had to leave the United States for reasons of safety and to protect

Photo: PA By Andrew Alderson For the first time since the Second World War vegetables are being grown in the Palace’s grounds alongside ornamental plants.