Archive for August 30th, 2010

FloridaOilSpillLaw.com August 30th, 2010 *Exclusive* Credit: FloridaOilSpillLaw.com “Our heads are still swimming,” stated Barbara Schebler of Homosassa, Florida, who received word last Friday that test results on the water from her family’s swimming pool showed 50.3 ppm of 2-butoxyethanol, a marker for the dispersant Corexit 9527A used to break up and sink BP’s oil... »

Common Purpose marxist front group Demos says state needs to “fight back” against people who question the authorities to “increase trust in government” Paul Joseph Watson Prison Planet.com Monday, August 30, 2010 Furious that state involvement in major terror attacks is being exposed to a wider audience than ever before via the Internet, a... »

Economic Collapse Blog.com Monday, August 30, 2010 Are we witnessing the slow but certain death of cash in this generation? Is a truly cashless society on the horizon? Legislation currently pending in the Mexican legislature would ban a vast array of large cash transactions, but the truth is that Mexico is far from alone... »

Submitted by Jim Quinn of The Burning Platform ZeroHedge.com “Financiers – like bank robbers – do not create wealth. They merely distribute it. While the mob may idolize holdup men in good times, in the bad times it lynches them. What they will do to the new money men when their blood is up,... »

Greg Kaufmann TheNation.com When the foreclosure hurricane first hit, subprime borrowers absorbed the brunt of it. Homeowners who had been fooled with teaser rates suddenly faced balloon payments they couldn’t afford. Others couldn’t refinance because of prepayment penalties they hadn’t been aware of. And some people had made bad decisions and were now paying... »

Economic Rant SilverBearCafe.com (Editor’s Note: When I started “the Bear” in 2002, I honestly thought that I could help save America from the cataclysmic debacle that we are all now about to attempt to weather (silly me). Consequently, those that don’t know already, and are not prepared, are toast. It’s already waaay too late.... »

By Eileen F. Toplansky AmericanThinker.com sumers are spending less. Small retailers are closing shop — even cable television subscriptions are seeing a loss in revenue. Mike Shedlock of globaleconomicanalysis.blogspot.com cites reports by Jacqui Cheng of Ars Technica, Mercedes Cardon of Finance Daily, and Jon Chavez of the Toledo Blade, highlighting America’s economic woes with... »

By Byron King TheDailyReckoning.com With oil sitting comfortably at $73 a barrel this morning, we cast a nervous eye toward the Middle East…where three little-noted developments are setting the stage for a return to triple-digit prices. Maybe very soon. 1) On the surface, this looks like a pretty routine Iraq story: An ambush there... »

Joe Weisenthal BusinessInsider.com Aug. 30, 2010 It’s been a popular question lately: Why aren’t companies using more of their cash to hire workers? Some say companies don’t have the cash people think they have, and that the question is flawed. Others say it has to do with legal uncertainty. Others say it’s just plain-old... »

by Gary North LewRockwell.com Here we get to where the rubber meets the road. In the remainder of my remarks I will discuss the policies the Federal Reserve is currently using to support economic recovery and price stability. I will also discuss some additional policy options that we could consider, especially if the economic... »