by Doug Noland
Apr 29, 2008
The US credit bubble was punctured this past summer, as the mortgage crisis escalated from the confines of subprime to the expansive marketplace for Wall Street “private-label” asset-backed (ABS) and mortgage-backed (MBS) securities. Especially with the bursting of the Florida and then California housing bubbles, literally trillions of mortgages, sophisticated […]

May 1, 2008
From Addison Wiggin at Agora Publishing, writing about the Strategic Investment newsletter, I gather that I am in for many, many sleepless nights, waking up screaming in terror, as he says that there are at least five “super-shocks” a-coming in the next 12 months, which will create the “coming stock market apocalypse”. […]

by Thomas E. Woods, Jr.
The Revolution: A Manifesto, whose official release date is today, accomplishes much more than what you see here. But, for starters, here goes:
1. It gives Ron Paul’s movement a statement for the ages. One reason Taft Republicanism died is that Robert Taft left behind no systematic statement of his philosophy around […]

by Gary North
The tax rebate of 2008, which is scheduled to begin this week when the first checks go into the mail, is the latest example of American mercantilism in action. I did my best to explain American mercantilism in the April 26 issue of Gary North’s Reality Check. There, I explained modern Keynesian economics […]

by Butler Shaffer
In an age in which life, itself, has become a perilous threat to our well-being; in which the normally neurotic among us demand collective security against every conceivable uncertainty generated by either man or nature, we are slowly becoming aware of what may prove to be the greatest peril ever to face the […]

by Joe Schembrie
Is Big Government necessary for Big Energy? The zealots of Big Energy claim that if we wish to keep the lights from going out, we must accept mammoth public utilities, mandatory conservation measures, and even imperialist military conflicts. We are told that to receive more electrical power, we must surrender more personal freedom.

by Prof. James Petras
Introduction
From the middle of the 19th century but especially after the Second World War, two models of empire building competed on a world scale: One predominantly based on military conquests, involving direct invasions, proxy invading armies and subsidized separatist military forces; and the other predominantly based […]

by Alan Stang
April 30, 2008
Recently, we looked at the Rules of Engagement under which our military must labor. We saw that those rules are a prescription for defeat; that they are the main reason we have failed to win a war since World War II, and that el presidente Jorge W. Boosh administers them today. […]

By Bob Unruh
April 29, 2008
The Constitution Party candidate for president says the biggest danger America faces is from Washington, D.C., not Tehran or Baghdad, and that he would jump at the opportunity to cut it down to size.
“I really believe that our nation is fast becoming a nation that does not respect the freedoms and […]

. Michael Bennett, Ph.D
Host, “Future Quake” Radio Show
29 April, 2008
I have just returned from Kansas City, Missouri, having covered the U.S. Constitution Party National Convention held this past weekend, which convened to nominate its presidential and vice presidential candidates for the 2008 general election. The Constitution Party (www.constitutionparty.com) is the third largest national […]

ScienceDaily (Apr. 29, 2008)
Scientists at the department of Applied Physics of the Hebrew University of Jerusalem have discovered a method for remote sensing of the physiological and emotional state of human beings.
The researchers believe the discovery could theoretically help remotely monitor medical patients, evaluate athletic performance, diagnose disease and remotely sense the level […]

By Scott Schonauer, Stars and Stripes
RAMSTEIN AIR BASE, Germany — The Pentagon will have its first specially trained task force designed to rapidly respond to a catastrophic attack against the United States ready by this fall, a top military commander said last week.

By Mogambo Guru
April 29th, 2008
There is a new report from the Comptroller of the Currency titled “OCC’s Quarterly Report on Bank Trading and Derivative Activities, Fourth Quarter 2007″, which shows that total bank holdings of derivatives is estimated to be “only” $164.2 trillion, whereas I seem to remember that the global glut of […]

By Jad Mouawad Published
April 28, 2008
As oil prices soared to record levels in recent years, basic economics suggested that consumption would fall and supply would rise as producers opened the taps to pump more.
But as prices flirt with $120 a barrel, many energy specialists are becoming worried that neither seems to be happening. Higher […]

For decades, wheat was king on the Great Plains and prices were low everywhere. Those days are over.
By Dan Morgan
Tuesday, April 29, 2008
At Stephen Fleishman’s busy Bethesda shop, the era of the 95-cent bagel is coming to an end.
Breaking the dollar barrier “scares me,” said the Bronx-born owner of Bethesda Bagels. But with 100-pound bags […]

War on drugs loses out to anti-Taliban fight for hearts and minds in Helmand province
Declan Walsh
Tuesday April 29 2008
The British soldiers at Hamburger Hill, a tiny base in the badlands of southern Helmand, sit on two frontlines of the Afghan war. One is vigorously contested; the other entirely abandoned.

By Jerome Starkey
Tuesday, 29 April 2008
The heroin flooding Britain’s streets is threatening the lives of UK troops in Afghanistan, an Independent investigation can reveal.
Russian gangsters who smuggle drugs into Britain are buying cheap heroin from Afghanistan and paying for it with guns. Smugglers told The Independent how Russian arms dealers meet Taliban drug […]

Petraeus’s strategy only postponed the inevitable.
by Andrew J. Bacevich
The United States today finds itself with too much war and too few warriors. We face a large and growing gap between our military commitments and our military capabilities. Something has to give.

by Floyd Rudmin
April 29, 2008
The US government has recently increased the belligerence of its tone towards Iran.
A string of reports in a variety of newspapers suggest war is on the way: the Mail & Guardian April 1, the Rutland Herald April 4, the Telegraph April 7, the International Herald Tribune April 11, the Washington […]

by Glen Ford
Having crushed the planet’s peasants and converted food into just another commodity for global manipulation, the Lord’s of Capital have unleashed upon humanity the threat - no, certainty - of mass starvation. The criminal mega-enterprise is centered in the United States, the former “breadbasket of the planet” whose massive conversion to biofuels has […]

by Ron Paul
In The Revolution: A Manifesto, Dr. Paul recommends this freedom reading list…
LewRockwell.com

by Bob Murphy
When it comes to theoretical justifications for the continued occupation of Iraq, the gold standard is the Weekly Standard. Bill Kristol and Fred Kagan must be extremely intelligent and gifted writers, because whenever I read their work or hear them speak, I’m halfway to killing 30 foreigners before suddenly snapping out of it. […]

by Thomas J. DiLorenzo
The answer to the question posed in the title of this article is: No. There are no limits to the lies and misrepresentations about Lincoln’s political legacy – and about those who question the Official Version of it – that are spread by what I call the Lincoln cult. It almost seems […]

David Adam
Monday April 28 2008
The US air force will this week call for the world’s top scientists to come together in a 21st-century Apollo-style programme to develop greener fuels and tackle global warming. It wants universities, governments, companies and environmental groups to collaborate on a multibillion-dollar effort to work out greenhouse gas emissions of […]

By Paul Proctor
April 29, 2008
In a story from the Christian Post, Lillian Kwon reports that Southern Baptists are now a declining denomination, meaning they are no longer getting the Results and Relationships they covet.
The troubling article begins this way:

Passing the House of Representatives on a voice vote, S. 1858 has been sent to President Bush for signature. The Newborn Genetic Screening bill was passed by the Senate last December. The bill violates the U.S. Constitution and the Nuremberg Code, writes Twila Brase, president of the Citizen’s Council on Health Care (CCHC). “The DNA […]

By Heide B. Malhotra
Apr 28, 2008
WASHINGTON—Studies indicate that credit card defaults and related write-offs increased drastically since 2006. Today, lenders write off 33 percent more in credit card debt than they did two years ago.
Statistics show that about 35 percent of all credit card holders are already exhibiting signs of possible default. Late credit […]

Big New Shock at the Pump Forecast by Two Analysts
By DAN DORFMAN
April 28, 2008
Get ready for another economic shock of major proportions — a virtual doubling of prices at the gas pump to as much as $10 a gallon.
That’s the message from a couple of analytical energy industry trackers, both of whom, based on the […]

Mon Apr 28, 2008
ALGIERS (Reuters) - OPEC President Chakib Khelil does not rule out oil prices reaching $200 a barrel, even though supply is adequate, because the market is driven by the dollar’s slide, Algerian government newspaper El Moudjahid reported on Monday.

By RAPHAEL G. SATTER
2008-04-27
LONDON (AP) - Oil giant BP PLC on Sunday was closing a pipeline system responsible for delivering almost a third of Britain’s North Sea oil production.
The closure of the Forties Pipeline System was prompted by a two-day strike that began Sunday morning at the Grangemouth oil refinery in central Scotland. Refinery […]

April 28, 2008
HONG KONG: Oil prices rose Monday to a record - just shy of $120 a barrel - as a strike closed a British oil pipeline and violence in Nigeria renewed supply fears, increasing the burden on consumers and companies throughout Asia and Europe.

Richard Lloyd Parry
April 28, 2008
Until a few months ago, Booncherd Leekasem would never have been caught astride a muddy tractor or squelching through buffalo dung in a rice paddy. As a headman of Khao Ngam in central Thailand he had far more respectable things to attend to, such as organising village affairs and running the […]

By Bill Bonner
April 28th, 2008
“Credit crisis…foreclosures…market crash…recession…falling dollar…bankruptcy…inflation: Why the Smart Money is Buying,” says this week’s Forbes cover. Forbes thinks it is being bravely contrarian. “Buy when blood is running in the streets,” it quotes a Rothschild. After the traffic accidents of the last 9 months, it thinks it sees an opportunity - […]

by Joshua Snyder
“I don’t want to alarm anybody, but maybe it’s time for Americans to start stockpiling food,” begins The Wall Street Journal’s Brett Arends in an article earlier this week, Load Up the Pantry. (Yes, The Wall Street Journal!) Mr. Arends blames “the surge in demand from China and India” and “the growing demand […]

by Floy Lilley
The Revolution is the best thing happening at the right time to the best of ordinary people.
Reading through The Revolution: a Manifesto, I see so clearly the humble hero that is Ron Paul. I see him living his values as few do. His embrace of truth, his courage to speak that truth […]

by William L. Anderson
Henry Hazlitt once wrote in his famous Economics in One Lesson that “Economics is haunted by more fallacies than any other study known to man.” Indeed, I am supposed to teach fallacies in my classroom as part of modern economic orthodoxy.

by Rev. Emmanuel Charles McCarthy
The spiritual battlefield is the mind.
~ Mahatma Gandhi
Are the human beings in this picture from Iraq committing murder or being complicit in the act(s) of murder? I am not asking whether they, individually, are committing the sin of murder but whether they are doing the objective evil of murder by killing […]

By: Justin Raimondo
Monday, April 28, 2008
The shooting has already started in the Persian Gulf – and chances are we’ll be at war with Iran before President Bush’s term is up. An American ship under contract with the U.S. Navy – the Western Venture – claims it was in international waters when Iranian speedboats approached and […]

PART 1
by Phillip D. Collins
April 27, 2008
Illuminating the Occult Origin of Darwinism
As antiquity gave way to modern history, the religious power structure shifted to an autocracy of the knowable, or a ’scientific dictatorship.’ Subtly and swiftly, the ruling class seized control of science and used it as an ‘epistemological weapon’ against the masses. […]

By: Devvy
April 28, 2008
On April 24, 2008, The Arizona-Republic, published a hit piece on Sen. Karen Johnson, who currently serves in the Arizona State Legislature. This piece of drivel is titled, ‘Drinking the 9/11 Kool-Aid.’ As you can see by reading it, the author believes that no elected official should question any aspect of the […]

FCC rule change seen as threat to licenses of religious stations
April 28, 2008
WorldNetDaily
WASHINGTON – Today is the last day for public comments on a proposed Federal Communications Commission rule change some say would threaten the licenses of Christian radio stations from coast to coast.

By EVAN PEREZ and GLENN R. SIMPSON
April 26, 2008
WASHINGTON — Federal prosecutors are investigating Wachovia Corp. as part of a broad probe of alleged laundering of drug proceeds by Mexican and Colombian money-transfer companies, according to people familiar with the matter.

By ADAM GELLER
The guest lecturer steps to the front of classroom 322 with a lesson plan, but not from any textbook.
Instead, Dave Welch comes with a story to tell, edgy and very personal. The names have been changed, he says, “to protect the guilty.”

(We’ll See…Ed…)
25 April 2008
Mumbai: The oil boom is on its last leg and may last a few months before a clutch of new refineries start operations amid slackening economic growth across the world, consultancy firm and investment bank Lehman Brothers has predicted in a report.

Bob Chapman
International Forecaster
The Fed pumps out reserve notes, elitist politics position to control, no new petro refineries since the 70s wtf? GM food and bio fuel scams, food price rise is an orchestrated scam based on currency manipulation, news from the Plunge Protection Team, disinformation in WSJ, no victory in Iraq, so blame Iran

Rioting in Haiti. Rationing in America. Queues in Egypt. Protests in Afghanistan. As the price of food continues to soar, the impact is being felt by people around the globe
By Jerome Taylor and Andrew Buncombe
CHINA
The roaring economy and an ever expanding middle class have had a particularly profound effect on food prices, particularly rice and […]

By JASON LEWIS
27th April 2008
The Ministry of Defence’s ‘private’ police force is using wide-ranging powers to stop and search thousands of tourists and other suspects, it can be revealed.
Armed street patrols, who are not required to identify themselves as MoD officers, are questioning people queuing for boat trips on the Thames or having […]

By JONATHAN MARTIN
4/26/08
Two candidates not named John McCain got a combined 219,913 votes in the Pennsylvania Republican primary Tuesday, and one of them is still in the race.
Sort of.
“I’m a real candidate, but I try to keep everybody living in the real world,” Ron Paul said in an interview, alluding to the […]