Archive for May 24th, 2010

Why the Euro Crisis Could Go On for Five Years

Monday, May 24th, 2010

by Mad Hedge Fund Trader OilPrice.com You often hear the expression that a camel is a horse designed by a committee. The dromedary that the European Central Bank has is spitting mean and ill tempered. Europe does not have one guy like Ben Bernanke who can take bold, imaginative action in an emergency and... »

Posted in Economics, Government Evil | No Comments »

Collapse of banking system to drive up gold price

Monday, May 24th, 2010

By Kenneth J. Gerbino CommodityOnline.com There is so much hysteria in the hard money camp on Greece and the European Union that one had better start looking at the facts otherwise it could cost you a lot of money. Before discussing the Euro, Greece and Gold, let me go over some important concepts: The... »

Posted in Economics | No Comments »

Geithner Claims U.S. Economy Can Withstand Europe’s Woes. Really?

Monday, May 24th, 2010

By DOUGLAS MCINTYRE DailyFinance.com Treasury Secretary Tim Geithner put on a brave face trying to convince the global capital markets that Europe’s economic situation will have little impact on America’s or the world’s recovery from deep recession. His case was thin, and he offered almost no rational support. Geithner told the Xinhua news agency... »

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Wall Street Corruption: Are People Losing Faith in the Financial System

Monday, May 24th, 2010

by Michael Snyder OilPrice.com In order for a financial system to be able to function properly, it is absolutely essential that the general population has faith in it. After all, who is going to want to invest in the stock market or entrust their money to big financial institutions if there is not at... »

Posted in Civil War II, Economics | 1 Comment »

Bonds ring economic alarm bells

Monday, May 24th, 2010

By Chris Isidore CNNMoney.com NEW YORK (CNNMoney.com) — Economists generally aren’t worried about the U.S. or global economy falling into another recession. Looking at the bond market, many investors don’t agree. The yields on long-term U.S. Treasurys, such as the benchmark 10-year bond, have tumbled sharply over the last six weeks, hitting as low... »

Posted in Civil War II, Economics | 1 Comment »

Stormy Seas on the Atlantic

Monday, May 24th, 2010

John Browne 321Gold.com May 24, 2010 The European Union’s debt crisis, the threatened collapse of its fledgling ‘euro’ currency, and the uncertainties created by the UK elections may seem very far removed from the American ship of state, but, in reality, this turbulence threatens to capsize our fragile economy. Greece is in the most... »

Posted in Economics, Government Evil, New World Order | No Comments »

One false move in Europe could set off global chain reaction

Monday, May 24th, 2010

By Howard Schneider and Neil Irwin Washington Post.com Monday, May 24, 2010 If the trouble starts — and it remains an “if” — the trigger may well be obscure to the concerns of most Americans: a missed budget projection by the Spanish government, the failure of Greece to hit a deficit-reduction target, a drop... »

Posted in Economics, New World Order | No Comments »

Liquidity in Europe Hesitates

Monday, May 24th, 2010

By Dan Denning TheDailyReckoning.com May 24th, 2010 If you’re a glass half-full kind of guy, then Friday’s action in stock was encouraging. Here in Australia, the indexes opened up down by almost three per cent. Yet by the end of the day, they were able to claw their way back to much smaller losses.... »

Posted in Economics, New World Order | No Comments »

The Enforcement of Rights

Monday, May 24th, 2010

by Butler Shaffer LewRockwell.com Karen DeCoster and I recently generated a great deal of e-mail response to our blogs concerning the creation and enforcement of homeowners’ association rules. The specific topic at hand, begun by Karen, related to an elaborate set of restrictions concerning dog “poop.” A rule proposed in one condominium complex would... »

Posted in For Freedom | No Comments »

The 1099 Tsunami

Monday, May 24th, 2010

by Gary North LewRockwell.com Earlier this year, some staffer in some office on Capitol Hill dutifully inserted a provision into the health insurance bill that will force businesses to file 1099 forms on every transaction with another business for over $600. Buy a $601 used car for your business? You must file a 1099.... »

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