Continue reading Who Owns Organic

By John Rubino The latest piece of deep thought from iTulip’s Eric Janszen explains why, if the recession is over, so many people remain in such bad shape. More specifically, how can U.S. GDP be

By Jesse “more than 519 municipalities that face 990 million euros in derivatives losses” As the quote indicates, its a big problem, and Bank of America is not the only bank involved. But they are

By Brady Dennis American International Group plans Wednesday to pay another round of employee bonuses, worth about $100 million, said several people familiar with the matter, a year after similar payments at the bailed-out insurance

By Tyler Durden Yes, slowly but surely it is happening. In a federal notice filed earlier, the DOL and Treasury are soliciting a response on what has been on many investors’ mind, namely the process

From Wikipedia A Comprehensive Annual Financial Report (CAFR) is a government financial statement, which goes beyond the minimums established for public sector companies by NCGA (National Council on Governmental Accounting) statement 1. Public sector companies

By Lance Lewis Since December 2009, gold bears have had a ray of hope as gold has corrected (as all bull markets do), and now the bears are keying in on a headline from George

By PK Semler A proposal by former Federal Reserve Chairman Paul Volcker to limit bank’s proprietary trading will be either be dropped or significantly modified in the Senate, lawmakers and staffers told deal Reporter. Senate

By Tyler Durden The chart below demonstrates the amount of borrowing per state, as well as trust fund holdings. (View Larger Chart) Continue reading A Majority Of States Are Now Insolvent: Quantifying The Disastrous Unemployment

By F. William Engdahl Former President becomes UN Special Envoy to earthquake-stricken Haiti. A born-again neo-conservative US business wheeler-dealer preacher claims Haitians are condemned for making a literal ‘pact with the Devil.’ Venezuelan, Nicaraguan, Bolivian,

By Margaret Collins and Alexis Leondis U.S. President Barack Obama’s effort to increase retirement savings by requiring all businesses to offer automatic IRA accounts may face opposition from small companies, says a Washington-based trade group.

By David Reilly The idea of secret banking cabals that control the country and global economy are a given among conspiracy theorists who stockpile ammo, bottled water, and peanut butter. After this week’s congressional hearing

By Scott Thompson and Paul Gallagher If the rising movement of American patriots is going to clean out the London/Wall Street swamp of the Obama Administration, not only must Treasury Secretary Tim Geithner go immediately;

Continue reading Boston Globe Names Elizabeth Warren ‘Bostonian of the Year’

YouTube | February 04 2010 Sir James Michael “Jimmy” Goldsmith (26 February 1933 18 July 1997) was an Anglo-French financier. Towards the end of his life, he became a magazine publisher and a politician. In

There recently was an article in the St. Petersburg Fl. Times. The Business Section asked readers for ideas on: “How Would You Fix the Economy?” I think this guy nailed it! Dear Mr. President, Please

By Robert Britt Tonight’s full moon — called the wolf moon — will be the biggest and brightest full moon of the year. It offers anyone with clear skies an opportunity to identify easy-to-see features

1. US Congress Sells Out to Wall Street 2. US Schools are More Segregated Today than in the 1950s 3. Toxic Waste Behind Somali Pirates 4. Nuclear Waste Pools in North Carolina 5. Europe Blocks

Whitley Strieber writes, “For years, I have grappled with strange memories from early childhood that suggested involvement in some sort of abusive program. But I was never sure what these memories meant, until, in December

J.D. Salinger, the legendary author, youth hero and fugitive from fame whose “The Catcher in the Rye” shocked and inspired a world he increasingly shunned, has died. He was 91. Salinger died of natural causes

By Jesse Just returned last night from Beijing. While on standby at airport from 11:30 AM until 6:30 PM (all classes of all half-hourly flights of all airlines were overbooked and loaded full, and so

By Sven Egenter The police commander heading security at the World Economic Forum in Switzerland was found dead on Tuesday, local authorities said, adding that his death appeared to be suicide. Markus Reinhardt, head of

The heavily-redacted regulatory filing that spells out the details of the New York Federal Reserve’s controversial bailout of American International Group is a secret no more. Reuters has obtained a copy of the five-page document

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

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

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

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

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

By Joe Weisenthal and Kamelia Angelova Continue reading Chart of The Day: How The AIG Bailout Really Worked

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

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

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

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

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,

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.