Archive for March 20th, 2012

Sweden could be pointing the way to a (nearly) cash-free economy. By Megan Garber TheAtlantic.com MAR 19 2012 There are many, many things to dislike about analog money. Cash and coins are unwieldy. They’re heavy. They’re dirty. They leave no automatic record of the financial transactions that are made with them. Here in the... »

CNBC.com When the city of Stockton, Calif., announced last month it would skip some bond payments and enter talks with its creditors, the municipal debt world shuddered. If Stockton were to file for bankruptcy protection, it would be the largest U.S. city ever to do so. Other troubled Californian municipalities might be tempted to... »

by Tyler Durden ZeroHedge.com 03/20/2012 There are those cynical elements out there, who think that the primary reason why Germany has been unhappy with Greece is that the Germany military-industrial complex has lost a staple buyer of its military products (recall: “Greece Spends Bailout Cash On European Military Purchases” and one wonders just how... »

by Tyler Durden ZeroHedge.com 03/20/2012 Over the past few month we have made it expressly clear that as part of its bailout of European banks, all Greek “bailout” funding in the form of super senior first lien debt funded by the Troika (since the Greek balance sheet now has 7 distinct debt classes), which... »

Saman Mohammadi The Excavator March 20, 2012 “The right to think is a battle being fought today.” – Richard Stallman: “The Right to Think: Existential Education in the era of Personal Cybernetics,” 1997. Communications of the ACM, Volume 40, Number 2. “The repression and revised imposition of September 11th and the attendant “war on... »

By Vin Maru GoldSeek.com Tuesday, 20 March 2012 Forget about “Give me a break”, it seems like you can’t even buy a break with precious metals this past week. The metals still trended down as I suspected they would and even went a little lower than my down side possibility with gold. The recent... »

By Cliff Kincaid March 16, 2012 NewsWithViews.com “He’s got to run against who he is.” This was the verdict on Republican Senator Richard Lugar from one of the activists attending a Citizens for Global Solutions (CGS) national conference in Washington, D.C. last week. The group used to be known as the World Federalist Association... »

KingWorldNews.com March 20, 2012 With gold and silver hovering above recent lows, but oil moving towards the critical $110 level, today King World News interviewed Rick Rule, CEO of Sprott USA. Rule told KWN to expect higher gold and silver prices, but warned about the possibility of a super-spike in oil. Here is what... »

by Peter Dale Scott LewRockwell.com On September 11, 2001, within hours of the murderous 9/11 attacks, Bush, Rumsfeld, and Cheney had committed America to what they later called the “War on Terror.” It should more properly, I believe, be called the “Terror War,” one in which terror has been directed repeatedly against civilians by... »

TheEconomicCollapsBlog.com In case you hadn’t noticed, the United States is a really weird place. Not that “weird” is always bad. Sometimes “weird” can keep life interesting. But without a doubt, the United States is one of the most unique nations in the history of the world. Some of the weird facts about the United... »