Why Larry Summers Must Go Now!

Why Larry Summers Must Go Now!

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;

Sir James Goldsmith’s 1994 Globalization Warning

Sir James Goldsmith’s 1994 Globalization Warning

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

Unfinished Business: 2009

Unfinished Business: 2009

By Doug Wakefield and Ben Hill (View larger chart) This chart is from the December 2009 issue of The Investors Mind) Continue reading Unfinished Business:

“How Would You Fix the Economy?”

“How Would You Fix the Economy?”

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?”

"How Would You Fix the Economy?"

"How Would You Fix the Economy?"

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?”

“How Would You Fix the Economy?”

“How Would You Fix the Economy?”

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

A Letter to Barclays Capital

A Letter to Barclays Capital

To: CorporateCommunicationsAmericas@barclayscapital.com, Corporate.Communications@barclayscapital.com Ladies & Gentlemen: I was distressed to read that your head of global investment banking, Hugh “Skip” McGee, recently called for the

Money & Markets – Week of  1.31.10

Money & Markets – Week of 1.31.10

G-7 Splits Hurt Investors as Ministers Seek Exit Plan Bloomberg.com (05 Feb 10) JPMorgan’s Dimon Gets $17 Million Stock Award Bonus Bloomberg.com (05 Feb 10)

Money & Markets – Week of  1.31.10

Money & Markets – Week of 1.31.10

G-7 Splits Hurt Investors as Ministers Seek Exit Plan Bloomberg.com (05 Feb 10) JPMorgan’s Dimon Gets $17 Million Stock Award Bonus Bloomberg.com (05 Feb 10)

Precious Metals – Week of  1.31.10

Precious Metals – Week of 1.31.10

Two Types Of Gold Funds To Glitter On Stock Market Soon Bangkok Post (02 Feb 10) Adrian Douglas: An Appeal To The CFTC To Get

Mortgage Markets – Week of  1.31.10

Mortgage Markets – Week of 1.31.10

US Mortgage Sector Braced For End Of Fed Help Financial Times (03 Feb 10) Cloudy Future for Fannie and Freddie New York Times (01 Feb

Geopolitical –  Week of 1.31.10

Geopolitical – Week of 1.31.10

Gov’t to Pay More Than Half of U.S. Health Costs Fox News (04 Feb 10) U.S. Missionaries In Haiti Charged With Child Kidnap Reuters (04

Technology – Week of  1.31.10

Technology – Week of 1.31.10

Is Basic American Telephone Service In A Death Spiral? Nieman Watchdog (03 Feb 10) VeriChip Buys Steel Vault, Creating Micro-Implant Health Record/Credit Score Empire BNET

Life – Week of  1.31.10

Life – Week of 1.31.10

North Carolina Schools May Cut Chunk Out of U.S. History Lessons Fox News (03 Feb 10) DIY, Super-Efficient Fridge Uses .1 kWh a Day EcoRenovator.org

Food & Health – Week of  1.31.10

Food & Health – Week of 1.31.10

Violence Is Part of the Job, Say Nurses, as Study Shows Only 1 in 6 Incidents Are Reported ScienceDaily (03 Feb 10) Agricultural Marketing Service

Food & Health – Week of  1.31.10

Food & Health – Week of 1.31.10

Violence Is Part of the Job, Say Nurses, as Study Shows Only 1 in 6 Incidents Are Reported ScienceDaily (03 Feb 10) Agricultural Marketing Service

Wolf Moon of 2010

Wolf Moon of 2010

By Robert Britt Tonight’s full moon — called the wolf moon — will be the biggest and brightest full moon of the year. It offers

Wolf Moon of 2010

Wolf Moon of 2010

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

Project Censored – Top 25 Censored Stories for 2010

Project Censored – Top 25 Censored Stories for 2010

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

Child Abuse

Child Abuse

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

Child Abuse

Child Abuse

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

“Catcher in the Rye” Author Salinger Dies

“Catcher in the Rye” Author Salinger Dies

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,

"Catcher in the Rye" Author Salinger Dies

"Catcher in the Rye" Author Salinger Dies

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,

“Catcher in the Rye” Author Salinger Dies

“Catcher in the Rye” Author Salinger Dies

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

Memories of Beijing Ten Years Past

Memories of Beijing Ten Years Past

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

Memories of Beijing Ten Years Past

Memories of Beijing Ten Years Past

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

Head of Davos Security Dead

Head of Davos Security Dead

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

Head of Davos Security Dead

Head of Davos Security Dead

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

Was Goldman Liable for SocGen’s Deals Too?

Was Goldman Liable for SocGen’s Deals Too?

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

Was Goldman Liable for SocGen's Deals Too?

Was Goldman Liable for SocGen's Deals Too?

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

Was Goldman Liable for SocGen’s Deals Too?

Was Goldman Liable for SocGen’s Deals Too?

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

Calsters Underfunded

Calsters Underfunded

By Michael B. Marois The California State Teachers Retirement System, the second biggest U.S. public pension, will need to ask taxpayers for more money after

Young Blood Reverses Sign Of Aging In Old Mice

Young Blood Reverses Sign Of Aging In Old Mice

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

Administration Approves Bank Book Cooking

Administration Approves Bank Book Cooking

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

Administration Approves Bank Book Cooking

Administration Approves Bank Book Cooking

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

The Trillion Dollar Mean Reversion

The Trillion Dollar Mean Reversion

Ben Bernanke’s great reflation gamble appears to be working. Unfortunately, it appears to be working in all the wrong places. Continue reading The Trillion Dollar

The Trillion Dollar Mean Reversion

The Trillion Dollar Mean Reversion

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

Money & Markets Charts ~ 1.28.10

Money & Markets Charts ~ 1.28.10

View this week’s chart comparisons of gold against fiat currencies, oil and the Dow. Stay tuned for our next Money & Markets segment of The

Rep. Marcy Kaptur Questions Tim Geithner

Rep. Marcy Kaptur Questions Tim Geithner

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

Hemp Crop of The Future?

Hemp Crop of The Future?

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

Hemp Crop of The Future?

Hemp Crop of The Future?

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

How The AIG Bailout Really Worked

How The AIG Bailout Really Worked

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

How The AIG Bailout Really Worked

How The AIG Bailout Really Worked

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

Catherine’s Investment Rules of Thumb

Catherine’s Investment Rules of Thumb

1. You and those you love are your assets – invest in you, your health, your homebase and your own business first; 2. Bank and

Catherine's Investment Rules of Thumb

Catherine's Investment Rules of Thumb

1. You and those you love are your assets – invest in you, your health, your homebase and your own business first; 2. Bank and

Catherine’s Investment Rules of Thumb

Catherine’s Investment Rules of Thumb

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

2010 State of the Union Address

2010 State of the Union Address

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

2010 State of the Union Address

2010 State of the Union Address

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

Watching the Testimony

Watching the Testimony

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

Watching the Testimony

Watching the Testimony

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

The Federal Bailout of AIG

The Federal Bailout of AIG

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

The Federal Bailout of AIG

The Federal Bailout of AIG

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

Suspending Money Market Redemptions Is Now Legal

Suspending Money Market Redemptions Is Now Legal

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,

HuffPo’s Ryan Grim: Is Bernanke Hiding A Smoking Gun?

HuffPo’s Ryan Grim: Is Bernanke Hiding A Smoking Gun?

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.

Two At Fed Had Doubts About Payout By AIG

Two At Fed Had Doubts About Payout By AIG

By Gretchen Morgenson and Louise Story Weeks after rescuing the American International Group with an $85 billion taxpayer loan in late 2008, Federal Reserve Board

Two At Fed Had Doubts About Payout By AIG

Two At Fed Had Doubts About Payout By AIG

By Gretchen Morgenson and Louise Story Weeks after rescuing the American International Group with an $85 billion taxpayer loan in late 2008, Federal Reserve Board officials rejected a proposal that would have forced the insurer’s

Interest Rate Roulette

Interest Rate Roulette

By Rob Kirby According to the most recent data from the U.S. Office of the Comptroller of the Currency, the notional value of derivatives held

Hunting Humans With Unmanned Aerial Drones

Hunting Humans With Unmanned Aerial Drones

By Nick Turse One moment there was the hum of a motor in the sky above. The next, on a recent morning in Afghanistan’s Helmand province, a missile blasted a home, killing 13 people. Days

Say Goodbye To The Great Liquidity Wave

Say Goodbye To The Great Liquidity Wave

By Joe Weisenthal and Kamelia Angelova View Larger Chart In the last several days, a view emerged that the tightening has un-officially begun. Continue reading

Say Goodbye To The Great Liquidity Wave

Say Goodbye To The Great Liquidity Wave

By Joe Weisenthal and Kamelia Angelova View Larger Chart In the last several days, a view emerged that the tightening has un-officially begun. Continue reading Chart of The Day: Say Goodbye To The Great Liquidity

UBS Tax Ruling May Prompt Fresh U.S. Legal Battle

UBS Tax Ruling May Prompt Fresh U.S. Legal Battle

By David Voreacos, Carlyn Kolker and Klaus Wille A Swiss court ruling that impedes the Internal Revenue Service’s ability to collect data on 4,450 UBS AG accounts may prompt the U.S. to revive a lawsuit

Local Stock Exchanges and National Stimulus

Local Stock Exchanges and National Stimulus

By Michael Shuman Since the global financial system unraveled in 2008, U.S. policymakers have struggled heroically to improve the performance and oversight of global banks

Local Stock Exchanges and National Stimulus

Local Stock Exchanges and National Stimulus

By Michael Shuman Since the global financial system unraveled in 2008, U.S. policymakers have struggled heroically to improve the performance and oversight of global banks and investment firms. But these actions have been largely unresponsive

‘Backdoor Bailout’

‘Backdoor Bailout’

U.S. securities regulators originally treated the New York Federal Reserve’s bid to keep secret many of the details of the American International Group bailout like

'Backdoor Bailout'

'Backdoor Bailout'

U.S. securities regulators originally treated the New York Federal Reserve’s bid to keep secret many of the details of the American International Group bailout like

‘Backdoor Bailout’

‘Backdoor Bailout’

U.S. securities regulators originally treated the New York Federal Reserve’s bid to keep secret many of the details of the American International Group bailout like a request to protect matters of national security, according to

Geithner Phone Log Released

Geithner Phone Log Released

By Tyler Durden Politico has obtained the phone log of conversations performed by then FRBNY President Tim Geithner during the period of the financial crisis,

Geithner Phone Log Released

Geithner Phone Log Released

By Tyler Durden Politico has obtained the phone log of conversations performed by then FRBNY President Tim Geithner during the period of the financial crisis, or specifically September 14, 2008 through the end of the

The Myth of Haiti’s Lawless Streets

The Myth of Haiti’s Lawless Streets

By Inigo Gilmore As a member of the media covering the tragedy in Haiti, it’s with a sense of alarm and astonishment that I’ve witnessed

The Myth of Haiti's Lawless Streets

The Myth of Haiti's Lawless Streets

By Inigo Gilmore As a member of the media covering the tragedy in Haiti, it’s with a sense of alarm and astonishment that I’ve witnessed

The Myth of Haiti’s Lawless Streets

The Myth of Haiti’s Lawless Streets

By Inigo Gilmore As a member of the media covering the tragedy in Haiti, it’s with a sense of alarm and astonishment that I’ve witnessed how some senior aid officials have argued for withholding aid

Water Conservation? The Sky’s The Limit

Water Conservation? The Sky’s The Limit

By Susan Carpenter It isn’t often that it rains in L.A. for six days running, as it did this week. The inches Mother Nature dumped

Water Conservation? The Sky’s The Limit

Water Conservation? The Sky’s The Limit

By Susan Carpenter It isn’t often that it rains in L.A. for six days running, as it did this week. The inches Mother Nature dumped on us may not have cured the drought, but they

Goldman’s Head in the Clouds

Goldman’s Head in the Clouds

It would appear that Goldman thinks that raising interest rates would be a disaster. What that means is the folks borrowing for 0-1/2% on the

Goldman's Head in the Clouds

Goldman's Head in the Clouds

It would appear that Goldman thinks that raising interest rates would be a disaster. What that means is the folks borrowing for 0-1/2% on the

Bernanke In Play

Bernanke In Play

By Tyler Durden We apologize in advance for the NY Magazine-style headline, but this is a report that has to be read by all Senators

“Yes, We Want Change”

“Yes, We Want Change”

By Peggy Noonan What does the Massachusetts election mean? It means America is in play again. The 2008 election settled nothing, not even for a

"Yes, We Want Change"

"Yes, We Want Change"

By Peggy Noonan What does the Massachusetts election mean? It means America is in play again. The 2008 election settled nothing, not even for a

“Yes, We Want Change”

“Yes, We Want Change”

By Peggy Noonan What does the Massachusetts election mean? It means America is in play again. The 2008 election settled nothing, not even for a while. Our national politics are reflecting what appears to be

Trends in Metropolitan America, 2000 to 2008

Trends in Metropolitan America, 2000 to 2008

By Elizabeth Kneebone and Emily Garr An analysis of the location of poverty in America, particularly in the nation’s 95 largest metro areas in 2000,