Archive for November 8th, 2011

EconomicCollapseblog.com Do you want to get rich? Just get elected to Congress. The U.S. Senate and the House of Representatives are absolutely packed with wealthy people that are very rapidly becoming even wealthier. The collective net worth of the members of Congress is now measured in the billions of dollars. The people that we... »

By Jeremy Warner Telegraph.co.uk The eurozone debt crisis has again conformed to pattern this morning; just as one fire abates, temporarily at least – with news of the formation of a government of national unity in Greece – another lights up. Lamentably, this one – Italy – may be too big to douse. The... »

By: Patrick Allen CNBC.com 7 Nov 2011 With no end in sight to the euro zone debt crisis, events in Athens and Rome are likely to dominate investor sentiment over the coming days. Whether it is Berlusconi hanging onto power or the talks over forming a new government in Greece, it will be impossible... »

By: Rick Ackerman GoldSeek.com 7 November 2011 “Get off your dead ass and onto you dying feet!” Those of you who spent your wayward youth as part of the Corps can remember your First Sergeant bellowing these words, as you ended a rest break half way through a 50-mile hike at Camp Lejeune on... »

By Gavyn Davies FT.com The G20 summit last Friday certainly did not measure up to the billing it was given by the UK Chancellor in September, when he said that policymakers had “six weeks to save the world”. Nevertheless, equities and other risk assets have risen markedly over the same period. As Goldman Sachs’... »

By Laurence Knight BBC News 7 November 2011 In seafaring, there is a concept called the “free-surface effect”. It happens when a surprisingly small amount of fluid can move freely inside a boat. It is an accident waiting to happen. As the boat tilts in the waves, the water starts to flood across the... »

5 Stages of Grief over the Loss of the Dollar! By: Jason Hommel SilverSeek.com Psychologists tell us that there are five stages of grief over loss of whatever kind, usually death, or breaking up with a loved one, which are: denial, anger, bargaining, depression, acceptance. I’ve applied these to the loss of the dollar,... »

By: Peter Cooper SilverSeek.com If you could only invest in one asset class to hold until the next big bubble is fully inflated then it has to be silver. Gold is already increasingly popular for the same reason. It is a precious metal of fixed supply and proven monetary value in a world of... »

by William Norman Grigg LewRockwell.com Amanda Culbertson has a conscience, which is another way of saying that she wasn’t well-suited to government “work.” Until recently she was employed by the Houston Police Department as a crime lab supervisor. In 2009, she became aware of serious problems with the reliability of the department’s roadside blood... »

by Fred Reed LewRockwell.com If I were to speechify to a conclave of Tea Partyers, “America is the free-est…the most democratic…the best educated and most dynamic country the world has ever known, an example to all mankind,” the assembled would hoot and hooroar and applaud in dizzy exaltation. Here is the soul of the... »