by Tyler Durden ZeroHedge.com 04/19/2012 A month ago we presented the latest derivatives update from the OCC, according to which the Top 5 US banks held 95.7%, or $221 trillion of the entire US derivative universe (which in turn is just a modest portion of the entire $707 trillion in global derivatives as of... »
Archive for April 19th, 2012
The Mother Of All Infographics: Visualizing America’s Derivatives Universe
The Stealing of America: The Incestuous Relationship Between Government and Corporate America
John W. Whitehead HuffingtonPost.com 04/17/2012 “The only difference between the Republican and Democratic parties is the velocities with which their knees hit the floor when corporations knock on their door. That’s the only difference.” — Ralph Nader The U.S. Supreme Court’s landmark 2010 decision in Citizens United v. FEC not only gave unfettered free... »
Bill Gives The IRS Power To: Authorize The Removal Of The Right To Own A Firearm – Video
IRS Ban on Travel Masks Fed’s Takeover of America Susanne Posel Occupy Corporatism April 18, 2012 The collection agency for the Federal Reserve known as the Internal Revenue Service (IRS) is working with legislators to gain control over the rights of Americans. Without the right to due process, the IRS can simply claim a... »
Italy Jumps On Nationalization Bandwagon: Tax Police “Seizes” 20% Of Second Largest Domestic Insurer
by Tyler Durden ZeroHedge.com 04/19/2012 At least Argentina kinda, sorta had the right idea: find an expensive foreign asset and nationalize it, impotent EU sound and fury be damned. Key word here: foreign. A few days later, the latest trade was escalation move appears to have gone viral, if with some curious, and serious,... »
“Coldest May in 100 years”, forecasters predict…(The Next IceAge Marches On!)
Britain could be facing the coldest May for 100 years, with snow, bitter winds and freezing temperatures putting summer on hold. TelegraphUK 19 Apr 2012 The winter weather follows a wet start to April, with the threat of floods and storms to come over the next few days. The Met Office has issued weather... »
Details Of The $291 Trillion In Derivatives To Which American Taxpayers Are Exposed
By Avery Goodman SeekingAlpha.com The entire US GDP is less than $15 trillion each year. The gross notional amount of derivatives issued in the USA is more than $291 trillion. Does that sound like a lot? Apologists for derivatives dealers don’t like it when we talk about derivatives in terms of the notional totals.... »
Government’s “Space Weather” Page
UrbanSurvival Thursday April 19, 2012 I’ll admit that sometimes we get a little wonky, living as we do usually 10-minutes to 10-years in advance of many secular events, but more than one reader who thought we were a bit “over-the-top” on worries about Sun-based events like EMP and Coronal Mass Ejections (CMEs) are having... »
Leeb: QE3 Is Now 80% – 90% & I’m Going All-In Gold If It Dips
KingWorldNews.com April 19, 2012 With the release of the jobless claims number, the Dow at roughly 13,000 and gold near $1,650, today King World News interviewed acclaimed money manager Stephen Leeb, Chairman & Chief Investment Officer of Leeb Capital Management. Leeb surprised KWN when he mentioned if there is a break in the gold... »
Red Alert: Draconian CISPA Bill Picking Up Sponsors Ahead of Vote Next Week
Kurt Nimmo PrisonPlanet.com Thursday, April 19, 2012 CISPA, the Cyber Intelligence Sharing and Protection Act, is picking up sponsors and it looks like the legislation will make it to the House floor for a vote next week. CISPA emerged from the House Intelligence Committee with an overwhelming vote of 17-1. The bill, authored by... »
Senate Leader: NRC Commissioner ‘Lied To Congress’ — Could bring Senate to grinding halt…(We can Only Hope!)
By ENENews April 19th, 2012 Title: Harry Reid Goes Nuclear: NRC Commissioner ‘Lied To Congress’ Source: Huffington Post Author: Ryan Grim Date: Apr. 19, 2012 A GOP nominee to the Nuclear Regulatory Commission “lied to Congress” and “disqualified herself” from a second term, a spokesman for Senate Majority Leader Harry Reid (D-Nev.) said Wednesday.... »