Archive for May 7th, 2010

PLUNGE! 1987 Style Sudden Drop in US Stocks Driven by Program Trading and a Ponzi Market Structure

Friday, May 7th, 2010

JessesCrossroadCafe.com “Lasciate ogni speranza, voi ch’entrate.” Dante Alighieri, The Inferno, Canto III, 9 US equities were gripped by panic selling as the Dow plunged almost 1,000 points driven by a cascade of 100 share high frequency program trading, estimated to have been about 80% of volume. Gold rocketed higher to $1,210. The stock exchange... »

Posted in Economics | No Comments »

‘Very real’ threat that Greek contagion could spread to Britain…(And AmeriKa)

Friday, May 7th, 2010

Ratings agency warns UK banks are vulnerable to eurozone crisis By Sean O’Grady, Economics Editor and John Lichfield in Athens IndependentUK Friday, 7 May 2010 The UK was warned yesterday that it is among the European Union states that faces the risk of contagion from the Greek crisis, with “very real, common threats” to... »

Posted in Economics, New World Order | No Comments »

The Laughable Nature of GDP Growth…We’re Freaking Doomed

Friday, May 7th, 2010

by Richard Daughty LewRockwell.com At work the other day, I was actually considering either doing some actual work or taking the afternoon off, after, of course, I finished reading the government’s Bureau of Economic Analysis release of the news that “Real gross domestic product – the output of goods and services produced by labor... »

Posted in Economics | No Comments »

The Liberal Assault on the Poor

Friday, May 7th, 2010

by Jacob G. Hornberger LewRockwell.com Liberals say that they love the poor, needy, and disadvantaged. Unfortunately, however, the economic philosophy that liberals favor constitutes a direct assault on the economic well-being of the poor, along with nearly everyone else in society. Liberals claim to combat poverty in two principal ways. First, they use the... »

Posted in Government Evil | No Comments »

An anarchist perspective on government

Friday, May 7th, 2010

By Shane Solano VCReporter.com In aid of all the attention (I would say more like a smear campaign) being lavished by the MSM on the Tea Party (or Tea Bagger, if you’re a leftist) movement, here are a few observations on some of the issues/concerns/planks I’ve seen raised by many of its participants, and... »

Posted in Government Evil | No Comments »

OBAMA/MEDIA vs. ARIZONA AMERICA

Friday, May 7th, 2010

By Lloyd Marcus May 7, 2010 NewsWithViews.com Folks, our country is in big trouble. What kind of man do we have in the White House? President Obama is a Harvard-educated lawyer. Thus, since he attended such a renowned school, I can only conclude that Obama willfully and knowingly distorted/lied about the plight of Hispanic-Americans... »

Posted in Facism, Government Evil | No Comments »

OBAMA’S EUROPEAN SOCIALISM WILL DESTROY OUR MARKETS AS WELL

Friday, May 7th, 2010

By Dr. Laurie Roth May 7, 2010 NewsWithViews.com The steepest roller coaster in the world May 6th, seems to be the US stock market. Apparently the Europeans are worried and have no liquidity so they have halted lending. Our stock market liked that news about as much as a case of AIDS and crashed... »

Posted in Government Evil | No Comments »