Archive for September 13th, 2012

Adan Salazar Infowars.com September 12, 2012 In a 301-118 vote, the House of Representatives, today, passed an amendment that would extend the Foreign Intelligence Surveillance Act (FISA), a law allowing government monitoring of American communications in efforts to allegedly thwart foreign spies and terrorists. Originally set to expire at the end of 2012, the... »

KingWorldNews.com September 13, 2012 Today world renowned money manager Felix Zulauf warned King World News, “… the fiat currency, paper currency standard, is in the final stage of the super cycle.” Zulauf, who founded Zulauf Asset Management, also declared, “I do believe the 30 year bull market in government bonds is over.” Zulauf was... »

by Tyler Durden ZeroHedge.com 09/13/2012 There was one thing, ONE THING only that Bernanke could do, to become a gold bug’s best friend today, than merely announcing QE 3/4. It was to announce open-ended QE. This means this is the Fed’s final shot and there is no way to frontrun the Fed any more... »

by Tyler Durden ZeroHedge.com 09/13/2012 So far it is Gold and Silver that are being bought, Treasuries sold and steepening (as mortgage spreads collapse further). Stocks spiked, fell back to unchanged, have new respiked to new highs, and are leaking back now… Notably, equities are the most knee-jerky whip-sawy – Gold and Silver seems... »

Fed Pulls Trigger, to Buy Mortgages in Effort to Lower Rates By: Jeff Cox CNBC.com Thursday, 13 Sep 2012 The Federal Reserve fulfilled expectations of more stimulus for the faltering economy, taking aim now at driving down mortgage rates. The Fed said it will buy $40 billion of mortgages per month in an attempt... »

by Tyler Durden ZeroHedge.com 09/13/2012 Bernanke has acquiesced and is now the 4th branch of the status quo- and all is well in the world: *FED TO KEEP POLICY STIMULATIVE FOR `CONSIDERABLE TIME’ *FED WILL ADD TO PURCHASES IF LABOR MARKET DOESN’T IMPROVE *FED DOES NOT SAY WHEN MBS PURCHASE PROGRAM TO END *FED... »

Washington.cbslocal.com September 13, 2012 TEL AVIV, Israel (CBSDC/AP) – Israeli Arabs protest outside the U.S. Embassy in Tel Aviv Thursday following the attacks on U.S. compounds in Libya, Egypt and Yemen. The Times of Israel reports about 100 peaceful demonstrators marched outside the embassy to protest the anti-Islam movie which mocks the prophet Muhammad.... »

Joe Wright Activist Post.com Thursday, September 13, 2012 The exponential power of the Internet, and particularly the overwhelming force of social media, already has earned the attention of governments around the world. When Hillary Clinton declared that the U.S. was not telling its story correctly to the rest of the world — alluding to... »

Fiddling at the Fire Nouriel Roubini Project-syndicate.org Sep. 13, 2012 Financial markets have rallied since July on the hope that the global economic and geopolitical outlook will not worsen, or, if it does, that central banks stand ready to backstop economies and markets with additional rounds of liquidity provision and quantitative easing. So, not... »

By Danielle Douglas Washingtonpost.com September 12 In the aftermath of one of the worst recessions in history, more Americans have limited or no interaction with banks, instead relying on check cashers and payday lenders to manage their finances, according to a new federal report. Not only are these Americans more vulnerable to high fees... »