Archive for March 24th, 2012

Joe Weisenthal BusinessInsider.com 3-24-2012 We’d heard a few times lately that the gun stocks (mostly Ruger and Smith & Wesson) had been surging lately, thanks to strong gun sales, but we have to thank Eddy Elfenbein for alerting us to how extreme the moves have been lately. Ruger is up 14% from the Wednesday... »

by WashingtonsBlog March 24, 2012 Open-Ended Bailouts Are Continuing We’ve previously documented the fact that bailouts of the big banks are continued in stealth mode up to the present day. True, the banks claim they’ve repaid the Tarp bailout funds … but nearly half of the banks “repaid” such bailout funds by borrowing from... »

The Intel Hub March 24, 2012 BRUSSELS, Belgium (BNO NEWS) — The European Union (EU) on Friday announced increased sanctions against the Syrian regime due to its continued use of violence against civilians and pro-democracy protesters. “The repression has reached totally unacceptable levels of violence and must stop immediately,” said EU High Representative for... »

DutchSince.com March 24, 2012 Carrizozo lavic fields — New Mexico . Starting yesterday afternoon (3/23/2012) going into sunset … a plume of some sort erupted from VERY close (13 miles) to the Carrizozo Lavic/Volcanic fields. Coordinates of the plume epicenter/origin point… 33°48’50.13″N , 106° 4’55.15″W For sure it is NOT a fire (pictures show... »

By: EWI Market Oracle Mar 24, 2012 Deflation requires a precondition: a major societal buildup in the extension of credit (and its flip side, the assumption of debt). — Conquer the Crash, 2nd edition (p. 88) Has the United States met that precondition? Well, consider that total credit market debt as a percent of... »

by Karl Denninger Market-Ticker.com Forget it folks. When you add all this together with the demographic problems we have, you’ve got the ingredients for a disaster — a disaster we are going to encounter sooner rather than later. The amount Americans owe on student loans is far higher than earlier estimates and could lead... »

From ChrisMartenson.com ZeroHedge.com 03/24/2012 Gretchen Morgenson has earned a Pulitzer-winning career from exposing abuse and conflicts of interest on Wall Street. In this interview, she confirms that there is indeed a second set of rules that our elite financial institutions enjoy, largely unfettered by the constraints that apply to the rest of us. Consequences... »

Henry Blodget BusinessInsider.com Mar. 24, 2012 There was a major development yesterday in the nation’s collective desire to send at least one Wall Street bigshot to jail after the financial crisis. Normally, after a financial collapse and crash like the one we had, Wall Streeters are rounded up in packs, vilified, and incarcerated. This... »

Rob Wile BusinessInsider.com Mar. 24, 2012 David Kotok just broke out the lost-at-sea imagery to describe the current investment environment. Wiring in from Paris, where he’s attending the fifth-annual Risks International conference, the Cumberland Advisors founder said there’s never been so much uncertainty in the markets: “My takeaway, after twenty research papers and speeches... »

TheExtinctionProtocol.com March 24, 2012 CHILE – A moderate earthquake of 5.3 magnitude (5.1 USGS) on the Richter scale struck near Santiago on Saturday morning in the central area of the country, according to the Seismological Service of the University of Chile. The epicenter of the quake, which occurred at 4:28 am was located 43... »