Gus Lubin BusinessInsider.com Oct. 7, 2010 Chris Whalen has doubled his warning about the coming banking bloodbath. At a Thursday conference with Nouriel Roubini, Institutional Risk Analytics’ Whalen said the foreclosure crisis would make 2008 look like a cakewalk (via Prag Cap): The U.S. banking industry is entering a new period of crisis where... »
Archive for October 7th, 2010
Check Out Chris Whalen’s Terrifying Presentation On The 2011 Foreclosure Crisis
Inside the Global Banking Intelligence Complex, BCCI Operations
by Tyler Durden ZeroHedge.com 10/07/2010 The following is Part II of David DeGraw’s new book, “The Road Through 2012: Revolution or World War III.” This is the third installment to a new seven-part series that we will be posting throughout the next few weeks. You can read the introduction here and Part I here.... »
Microsoft Proposal Opens Door For Government Licensing To Access Internet
State should have power to block individual computers from connecting to world wide web, claims Charney Paul Joseph Watson Prison Planet.com Thursday, October 7, 2010 A new proposal by a top Microsoft executive would open the door for government licensing to access the Internet, with authorities being empowered to block individual computers from connecting... »
ROV evidences confirming Worst Case Geological Scenario in BP’s Macondo Disaster- Part IIa of Root Causes.
BK Lim PRFTG.com When The Root Causes Of BP’s Oil Spill & The Imminent Threat Of More Oil Related Disasters (Part1) was first published on 8 July 2010, 71 days after the 20 April 2010 blowout, I had feared that the root causes were very much deeper than the flawed site decisions, poor field... »
Cash-Strapped States Resurrect “Debtors’ Prisons”
by: Nadia Prupis TruthOut.org Two reports published by NYU’s Brennan Center for Justice and the American Civil Liberties Union (ACLU) reveal a rising trend of patently unconstitutional practices in cash-strapped states, where a growing number of impoverished people are jailed for being unable to pay their legal fees – including charges for use of... »
Government withholding key data on Gulf seafood testing, scientists say
By Brad Jacobson RawStory.com Thursday, October 7th, 2010 Gulf states not following consistent protocol, despite government claims National Oceanic and Atmospheric Administration (NOAA) and FDA officials maintain they’ve provided results of ongoing Gulf seafood safety tests with the utmost transparency. But outside scientists, eager to perform independent evaluations of the government’s findings, complain the... »
Top Fed Repeats Ominous ‘Absorb Terror’ Rhetoric
Attack on U.S. soil would reinvigorate Obama’s collapsing approval figures Paul Joseph Watson Prison Planet.com Thursday, October 7, 2010 Having already demonized Americans as the primary domestic terror threat, National Counterterrorism Center head Michael Leiter is now ominously parroting Barack Obama’s rhetoric, by indicating that America could absorb a terror attack, another indication that... »
First Amendment Ruling Destined to Kill Internet Free Speech
Kurt Nimmo Infowars.com October 7, 2010 It now appears certain the Supreme Court will rule against the First Amendment. “The justices appeared inclined to set a limit to freedom of speech when ordinary citizens are targeted with especially personal and hurtful attacks. The First Amendment says the government may not restrict free speech, but... »
Financial Toxic Waste Continues to Unravel. Loan Assets “Created Out of Thin Air”
The Circumvention of Basel Accord Capital by Matthias Chang Global Research October 6, 2010 DEBTCON-1 (as in DEFCON-1, the highest level of the alarm system for impending military threats/crisis) have been triggered, but the FED, global central banks and regulatory authorities are still in deep denial and treat the ongoing global financial crisis as... »
Gold Climbs the Bull Market Wall of Worry
Joblessness dogs the economy, its worse than the 1930′s today, suffering and pain on the streets, no incentive to create jobs, living standards continue to fall, pray the incumbents are defeated, blame for the Flash Cras, TARP sequels coming. Bob Chapman TheInternationalForecaster.com Joblessness still dogs the economy, which needs 125,000 jobs monthly just to... »