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

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

Our Financial Incentives

Our Financial Incentives

Significant intervention in the banking system and economy with the ‘strong dollar policy’ and various forms of government credit and subsidies has paid some of

AIG – Down to Zero

AIG – Down to Zero

It would appear that AIG is selling everything but it’s black budget operations, which the government will then essentially own. Sounds a bit circular to

The Importance of the Navy

The Importance of the Navy

Friedman argues America’s power on the world stage will actually increase in the 21st Century for three major reason: The immense size of the U.S.

Novavax (NVAX) Up 25% on Flu

Novavax (NVAX) Up 25% on Flu

Novavax Annual Proxy Novavax Lead Investors The Unknown Knowns Albert Bates PRUDEN: A Pandemic of Panic — Are We Dead Yet? Washington Times (28 Apr

The World's Best Places to Live in 2009

The World's Best Places to Live in 2009

In Mercer Consultings annual Quality of Living Survey, Europe once again dominates the list of 215 countries around the world. The top three cities are,

Turk on Gold

Turk on Gold

“The outlook for gold remains bullish. Central bank ‘printing presses’ are running at full steam trying to keep up with those governments around the world

Lots of Tax Hikes Coming in 2011

Lots of Tax Hikes Coming in 2011

By Joan Pryde, Senior Tax Editor, the Kiplinger letters “But there may be a silver lining, at least for big corporations: Congress will consider lowering

Quarterly Report to Congress from SIGTARP

Quarterly Report to Congress from SIGTARP

Quarterly Report to Congress from SIGTARP: Office of the Special Inspector General for the Troubled Asset Relief Program (TARP) is now available.

America's Top 10 Urban Farms

America's Top 10 Urban Farms

More than a decade ago, Mary Seton Corboy and her partner, Tom Sereduk, transformed a toxic industrial site into a thriving 1-acre urban farm. read

PPT…Where are you?

PPT…Where are you?

PLEASE help me find the President’s Working Group on Financial Markets. The Working Group, which is also affectionately known as the “Plunge Protection Team,” was

More Creative Municipal Finance

More Creative Municipal Finance

As part of $6.9 Billion “Build America” Bond Issue, California Issues Taxable Bonds to Fund Stem Cell Research. . . . read more

Pulitzer in Drama

Pulitzer in Drama

The wonderfully talented American playwright Lynn Nottage has won this year’s Pulitzer Prize in Drama—the play explores the systematic destruction of the local community through

Freddie Mac Official Found Dead

Freddie Mac Official Found Dead

Reports: Freddie Mac official found dead Wednesday April 22, 2009 WASHINGTON (AP) — David Kellermann, the acting chief financial officer of Freddie Mac, was found

Ten Principles For a Black Swan-proof World

Ten Principles For a Black Swan-proof World

By Nassim Nicholas Taleb 1. What is fragile should break early while it is still small. Nothing should ever become too big to fail. Evolution

Guantanamo Prisoner Calls Al Jazeera

Guantanamo Prisoner Calls Al Jazeera

“Since Obama took charge he has not shown us that anything will change.” – Guantanamo captive Mohammad el Gharani Excerpt: Gharani, now 21, has been

Knowledge Maps

Knowledge Maps

NetAge OrgScope provides a tool for mapping trees and networks for collaboration.

Biodynamic Gardening Workshop

Biodynamic Gardening Workshop

The host of this workshop is a personal friend of mine. If you are in the Ashland area, you might want to take it in.

In From the Network . . .

In From the Network . . .

Two (unrelated) headlines appeared next to each other on Yahoo today: White House Will Not Prosecute CIA Officials for Waterboarding Yahoo.com (16 Apr 09) Not

Meet Susan Boyle

Meet Susan Boyle

47 year old Susan Boyle wows the judges with her performance in the auditions for Britains Got Talent, singing “I Dreamed a Dream” from Les

Goldman Sachs

Goldman Sachs

Goldman Sachs is very much in the news.  The most astute comment on Goldman these days comes from a taxi driver in Kuala Lumpur: “Why

Anybody Seen Our Gold?

Anybody Seen Our Gold?

GATA Renews Requests to Treasury, Fed for Gold Data Responding to President Obama’s instruction to government agencies of January 21 this year, seeking greater openness

Estonia's Bank of Happiness: Trading Good Deeds

Estonia's Bank of Happiness: Trading Good Deeds

From dog-walking to rubbish clearance, civic-minded Estonians can now draw on a virtual Bank of Happiness which trades in good deeds. Anjana Ahuja reports from

Spotless Days

Spotless Days

“The lack of sunspots in 2008, made it a century-level year in terms of solar quiet. Remarkably, sunspot counts for 2009 have dropped even lower.

Liquidating Thy Neighbor-Part II

Liquidating Thy Neighbor-Part II

Morgan Keegan defended itself today against the NY Times report which we commented on yesterday, titled Liquidating Thy Neighbor – Part I.

Homegrown Stimulus

Homegrown Stimulus

While the wheels of state bureaucracy grind away on how to use stimulus funds and how much of those funds to accept, some communities are

Liquidating Thy Neighbor – Part I

Liquidating Thy Neighbor – Part I

LEWISBURG, Tenn. — Five years ago, this small factory town was struggling to pay the interest on a bond for new sewers. Bob Phillips, Lewisburg’s

Community Business

Community Business

In my segment on Flashpoints Radio with Dennis Bernstein. April 8, 2009, I address real levels of unemployent and describe why the financial fraud is

10×10

10×10

The 10×10 website “Every hour, 10×10 scans the RSS feeds of several leading international news sources, and performs an elaborate process of weighted linguistic analysis

From A Network Member

From A Network Member

This in this morning: “My construction friend said he talked to two separate people who had been to Chernobyl recently and asked how things were

Latest from shadowstats.com

Latest from shadowstats.com

Click each image to view larger ones. From Shadow Government Statistics ~ John Williams

Should Obama Control the Internet?

Should Obama Control the Internet?

“Should President Obama have the power to shut down domestic Internet traffic during a state of emergency? Senators John Rockefeller (D-W. Va.) and Olympia Snowe

Oldie but Goodie From shadowstats.com

Oldie but Goodie From shadowstats.com

Hyperinflation Special Report Shadow Government Statistics (8 Apr 08) Excerpt: “Howard J. Ruff, who has been writing about these problems and issues since Nixon closed

Evans-Pritchard on G-20

Evans-Pritchard on G-20

A single clause in Point 19 of the communiqué issued by the G20 leaders amounts to revolution in the global financial order. “We have agreed

WSJ on Treasury's Very Private Asset Fund

WSJ on Treasury's Very Private Asset Fund

The investment community was already suspicious last week when Secretary Timothy Geithner unveiled his plan, announcing that Treasury would select four or five companies as

Kauffman Economic Bloggers Survey

Kauffman Economic Bloggers Survey

KANSAS CITY, Mo. (April 1, 2009) — America’s top economics bloggers—a diverse group of writers with wide-ranging intellectual and political vantage points—largely agree on one

G20 Communiqué

G20 Communiqué

This is the full version of the communique agreed by the G20 group in London today. 1. We, the Leaders of the Group of Twenty,

G This and G That

G This and G That

The G-20 Meeting in London this week is a reminder that many of us do not know exactly who it is that is getting together

DOJ Litigation Case Management System

DOJ Litigation Case Management System

One of the great mysteries is who controls, uses and really has access to the Department of Justice’s information and data systems. The idea of

Geithner's Plan: $1 Trillion for Shredding?

Geithner's Plan: $1 Trillion for Shredding?

Jim Sinclair of MineSet.com reports that James Galbraith, author of The Geithner Plan Won’t Work, was on Bloomberg TV this morning and noted the mortgage

A Comment on Geithner's Plan

A Comment on Geithner's Plan

By Carolyn Betts I am an attorney who was working in Washington with RTC during the S&L crisis, so I know something about “toxic asset”

Attack on Credit Unions?

Attack on Credit Unions?

Credit unions have provided a serious alternative to banking with big banks. Their strength in their communities commands a market share that the big banks

The Goldman Trough

The Goldman Trough

I must say, it sure pays to have the Secretary of Treasury working for you and your partners instead of for the citizens or the

How is Your Pension Fund Doing?

How is Your Pension Fund Doing?

With special thanks to one of our favorite sources, Jim Willie at Golden Jackass, here is a roundup of some of articles that indicate the

Flawed Food Safety Bills in Congress

Flawed Food Safety Bills in Congress

We have received many e-mails about the Food Safety Bills introduced in Congress. We share your concerns. One of our most trusted sources on food

Great Time to Cut Operations at the SEC, Huh?

Great Time to Cut Operations at the SEC, Huh?

“Securities and Exchange Commission Chairman Mary Schapiro warned yesterday that the agency will “make significant cuts in its current operations” this year unless Congress authorizes

Stewart vs Cramer

Stewart vs Cramer

“You knew what the banks were doing and yet were touting it for months and months – the entire network was. And so now to

The Fed Did Indeed Cause the Housing Bubble

The Fed Did Indeed Cause the Housing Bubble

To: The Wall Street Journal Re: “The Fed Didn’t Cause the Housing Bubble” By: Alan Greenspan, former Chairman of the Federal Reserve Dated: Wednesday, March

Hersh on Government Assassinations

Hersh on Government Assassinations

Investigative Reporter Seymour Hersh Describes ‘Executive Assassination Ring’ Minnesota Post (11 March 09)

Dirty, Dirty…

Dirty, Dirty…

Congress Saves on Online Contracts: Senate Makes Major Concession in Stripping Internet Posting Provision from Stimulus Internet junkies and wonks alike may have jumped the

Confiscation = Government Run

Confiscation = Government Run

If the Administration wants to provide bailout relief, here is a simple solution. Waive taxes on 401ks and IRAs and allow Americans to withdraw all

Bailout Mo’ Money

Bailout Mo’ Money

We thought we would dig out the data to update Bloomberg’s calculation of November 2008 that totaled the bank bailouts at $8.5 trillion. Here is

Most Foreclosures Pack Into a Few Counties

Most Foreclosures Pack Into a Few Counties

STATE-BY-STATE GRAPHIC: Foreclosures in 2008 WASHINGTON — More than half of the nation’s foreclosures last year took place in 35 counties, a sign that the

Sound Advice From Don Coxe

Sound Advice From Don Coxe

“Believing that you could put together bad stuff with good stuff, mix it up, and make it great stuff, is the debauched, debased, phony belief

The Race to Zero

The Race to Zero

“I was standing there, about to put a dollar bill into a vending machine, and it hit me: I could use my dollar to buy

Brother, Can You Spare a Trillion?

Brother, Can You Spare a Trillion?

The full page ad in Ruppert Murdoch’s Wall Street Journal for its “Future of Finance Initiative” starts off by saying that the financial system has