Archive for July 28th, 2010

By Jim Christie Reuters.com Wed Jul 28, 2010 California Governor Arnold Schwarzenegger declared a state of emergency over the state’s finances on Wednesday, raising pressure on lawmakers to negotiate a state budget that is more than a month overdue and will need to close a $19 billion shortfall. The deficit is 22 percent of... »

By Daniel Taylor BlackListedNews.com 07-27-2010 The Establishment is Fighting to Stay Alive as the Globe Reaches a Critical Juncture in History The world, it seams, is reaching a critical juncture in history. Current trends are pointing towards dramatic changes in government and society. Long standing institutions are scrambling to stay afloat as new rivals... »

En.RIA.ru 27/07/2010 This story by Andrey Areshev, political scientist, PhD (History), Strateic Culture Foundation expert, was published in International Affairs magazine. The abnormally hot weather in the central regions of Russia has already caused serious economic damage. It has destroyed crops on roughly 20% of the country’s agricultural land lots, the result being that... »

FloridaOilSpillLaw.com July 28th, 2010 EPA Senior Policy Analyst Hugh Kaufman, MSNBC, July 28, 2010 at 8:20 p.m. EDT: ———————————————————————————————————————————– Share on Facebook »

By: Bob Chapman GoldSeek.com Wednesday, 28 July 2010 As we long ago predicted, 2005 was the beginning of the collapse of the housing bubble. The result was financial chaos and a credit crisis that enveloped the US, Europe and eventually the world. Some would like us to believe that materialism and selfishness were the... »

Michael Snyder Market Oracle Jul 28, 2010 Unless the U.S. Congress acts, there is going to be a massive wave of tax increases in 2011. In fact, some are already calling 2011 the year of the tax increase. A whole host of tax cuts that Congress established between 2001 and 2003 are set to... »

Gregory White BusinessInsider.com Jul. 28, 2010 Argonaut Capital (via Market Folly) have released their May 2010 investor letter and it points to a depressing reality about the state of the U.S. recovery. That recovery appears to have already topped out, as of Q4 2009. With stimulus funding in decline, we’ve already seen a fall... »

by Tyler Durden ZeroHedge.com 07/28/2010 In the latest two-part interview with Jim Rickards by Eric King, the former LTCM General Counsel goes on a lengthy compare and contrast between the Roman Empire (and especially the critical part where it collapses) and the U.S. in it current form. And while we say contrast, there are... »

by Mark Vorpahl Global Research July 27, 2010 On July 7, 2010, President Obama made the following remarks: We’re also reforming our own restrictions on exports, consistent with our national security interests. And we hope to move forward on new agreements with some of our key partners. I’ve instructed U.S. Trade Representative Ron Kirk... »

India has raised interest rates and issued a stark warning on inflation dangers, joining China, Brazil, and other tiger economies in concerted moves to tighten policy. By Ambrose Evans-Pritchard TelegraphUK 27 Jul 2010 The central bank raised its reverse repo rate a half point to 4.5pc, still far below the level of inflation. Food... »