Archive for May 27th, 2010

Congressman: “We are still fighting,” to add stronger provisions to watered down legislation Paul Joseph Watson Prison Planet.com Thursday, May 27, 2010 Appearing on The Alex Jones Show yesterday, Congressman Ron Paul revealed that through his inside sources he had learned that the people who control the Federal Reserve are panicking about the fact... »

Bob Chapman International Forecaster.com European rescue of economy not unlike the Fed rescue, war a real threat, echoes of the loss of the gold standard, another reflationary wave to come, currencies to succumb, consequences of Europe for Americans, US banking system under significant stress, new T-bills to sell, election funding changes, more about real... »

The End of the American Dream SilverBearCafe.com Once upon a time the United States was a land of abundance and prosperity that was truly blessed from sea to shining sea. Tens of millions of Americans enjoyed living the American Dream in a land filled with happy, healthy and prosperous people. But these days it... »

By PETER COHAN DailyFinance.com The European Union agreed to a 750 billion euro bailout plan in May to restore confidence in its economic structure. In light of the ongoing instability in global financial markets, that plan doesn’t seem to have worked. But a look at how much money the three most-often-cited EU basket cases... »

TheEconomicCollapseBlog.com As the number of bank failures in the United States continues to accelerate, many analysts are warning that we could soon see unprecedented changes in the U.S. banking industry. In fact, there are some economists that are warning that we could be about to witness the greatest banking consolidation in U.S. history. As... »

by Gary Dorsch FinancialSense.com may 26, 2010 “A trend in motion, will stay in motion, until some major outside force, knocks it off its course.” For almost fourteen uninterrupted months stock markets around the globe were climbing higher, recouping $21-trillion of wealth since hitting bottom in March 2009. The global economy was pulling out... »

This financial crisis is worse than the sub-prime crash of 2008 because the sums are so much bigger and it is governments that are in dire straits. By Edmund Conway TelegraphUK 27 May 2010 Mervyn King, the Bank of England Governor, summed it up best: “Dealing with a banking crisis was difficult enough,” he... »

Is The Consumer Protection Bill Just One Huge Governmental Subversion Of Privacy Ploy? by Tyler Durden ZeroHedge.com 05/25/2010 If anyone has been curious why the Fed, banks and politicians have all been pushing for the “consumer protection” portion of the Financial Regulation bill, it appears we may have the answer. As CNSNews.com reports, the... »

by Gary D. Barnett LewRockwell.com In my opinion and in a word: Yes! Headlines: “READY FOR WAR,” “U.S. Military told to get ready in Korea Standoff, Obama orders commanders to prepare ‘to deter future aggression.’” By Drudge and MSNBC “U.S. Begins Massive Military Build Up Around Iran, Sending Up To 4 New Carrier Groups... »

Robert Trigaux TampaBay.com Wake up and good morning. May is both the traditional month of college graduation, and articles that tell grads how tough it will be to find meaningful jobs. Looking at the round-up of assessments in the New York Times, Wall Street Journal, USA Today and other national publications, the best that... »