Archive for March 27th, 2012

by Tyler Durden ZeroHedge.com 03/27/2012 As if the ‘risk-less’ dollar-swaps the Fed has extended to any and every major central bank were not enough, William Dudley just unashamedly admitted that the Fed now holds ‘a very small amount of European Sovereign Debt’. Explaining this position, as Bloomberg notes: •*DUDLEY: FED HOLDS OVERSEAS SOVEREIGN DEBT... »

by Charles Hugh Smith ZeroHedge.com 03/27/2012 Law-abiding taxpayers are treated like criminals while the criminal class of financiers and State apparatchiks are free to loot and pillage muppets and taxpayers alike. I recently received quite an education about how law-abiding taxpayers are treated by the state of California via dozens upon dozens of emails... »

TheEconomicCollapseblog.com The U.S. dollar has probably been the closest thing to a true global currency that the world has ever seen. For decades, the use of the U.S. dollar has been absolutely dominant in international trade. This has had tremendous benefits for the U.S. financial system and for U.S. consumers, and it has given... »

Commentary: Corzine, Kardashian and Martin are a test for justice By David Weidner MarketWatch.com March 27, 2012 NEW YORK (MarketWatch) — Here’s a thought. Do you think you would be walking free today if you told the police you lost $1.6 billion in other people’s money? Of course not. But that’s justice in America... »

Paul Craig Roberts Prison Planet.com Monday, March 26, 2012 Great empires, such as the Roman and British, were extractive. The empires succeeded, because the value of the resources and wealth extracted from conquered lands exceeded the value of conquest and governance. The reason Rome did not extend its empire east into Germany was not... »

EndOfTheAmericanDream.com All over the United States, school children are being taken out of their classrooms, put on buses and sent to “alternate locations” during terror drills. These exercises are often called “evacuation drills” or “relocation drills” and they are more than a little disturbing. Sometimes parents are notified in advance where the kids are... »

by Tyler Durden ZeroHedge.com 03/26/2012 Following the earlier microphonegate (someone really need to tell politicians that any time they speak, they are now on the record always, and no just for the benefit of the NSA’s brand spanking new compound in Utah known as “1984”, that includes Portuguese and German politicians too) it was... »