Archive for October 15th, 2010

Mortgage Damage Spreads

Friday, October 15th, 2010

Big Bank Stocks Hit Again as Modern Finance Collides With the Legal System. By NICK TIMIRAOS, JESSICA SILVER-GREENBERG And DAN FITZPATRICK WSJ.comOCTOBER 16, 2010. Banks stocks were hammered on Friday for the second straight day as investors continued gauging the sector’s exposure to higher operating and legal costs. Bank of America Corp. shares lost... »

Posted in Conspiracy, Corruption, Economics | No Comments »

Cotton Prices Hit 140-Year High…

Friday, October 15th, 2010

Flashback to 1870 as Cotton Hits Peak By ADAM CANCRYN and CAROLYN CUI WSJ.com OCTOBER 16, 2010 Cotton prices touched their highest level since Reconstruction on Friday, as a string of bad harvests and demand from China spark worries of a global shortfall. The sudden surge in prices—cotton has risen up to 56% in... »

Posted in Economics | No Comments »

Political Disturbance In Sudan Could Lead To Massive Oil Problem

Friday, October 15th, 2010

Stratfor BusinessInsider.com Oct. 15, 2010 Didiri Mohammad Ahmad, a senior official in Sudan’s ruling National Congress Party (NCP), said Oct. 14 that there is not enough time to prepare for the Abyei referendum, currently scheduled to occur on the same day as the referendum on Southern Sudanese independence, Jan. 9, 2011. At the same... »

Posted in Economics, Oil | No Comments »

John Williams Warns Of “Severe And Violent Sell-Off In Stocks”

Friday, October 15th, 2010

by Tyler Durden Zerohedge.com 10/15/2010 John Williams utters his most ruthless words of condemnation not only toward the Fed, but to everyone who is stupid enough to be chasing returns in the face of what is a hyperinflationary collapse. Euphoric Inflation Insanity. Buying U.S. stocks because the Fed says it will proactively debase the... »

Posted in Economics | No Comments »

Unsustainable Policies and Practices with Deficits, Is America On A Burning Platform?

Friday, October 15th, 2010

By: James Quinn Market OracleOct 15, 2010 David Walker, the former Comptroller of the United States from 1998 until 2008, has been warning politicians, the media, and the American public for over a decade that we are off course and headed for disaster. In August 2007, before the financial system meltdown of 2008, Mr.... »

Posted in Civil Unrest, Civil War II, Economics | 1 Comment »

Machines of War: Blackwater, Monsanto, and Bill Gates

Friday, October 15th, 2010

BlackListedNews.com 10-14-2010 report by Jeremy Scahill in The Nation (Blackwater’s Black Ops, 9/15/2010) revealed that the largest mercenary army in the world, Blackwater (now called Xe Services) clandestine intelligence services was sold to the multinational Monsanto. Blackwater was renamed in 2009 after becoming famous in the world with numerous reports of abuses in Iraq,... »

Posted in Food Wars, New World Order, Population Control | No Comments »

Foreclosure-Gate Is Deepwater Horizon All Over Again

Friday, October 15th, 2010

Joe Weisenthal BusinessInsider.com Oct. 15, 2010 The evolution of the foreclosure-gate is starting to feel more and more Deepwater-Horizon like every day. What really makes it similar — and this is a point we made yesterday while chatting with Tadas Viskanta on Abnormal Returns TV (watch here!) — is the seemingly unquantifiable risk to... »

Posted in Civil Unrest, Civil War II, Economics, Government Evil | No Comments »

The Real Horror Story: The U.S. Economic Meltdown

Friday, October 15th, 2010

The Economic Collapse Oct 15, 2010 This October, millions of Americans are going to watch horror movies and read horror stories because they enjoy being frightened. Well, if you really want to be scared, you should just check out the real horror story unfolding right before our eyes – the U.S. economic meltdown. It... »

Posted in Civil Unrest, Civil War II, Economics, Government Evil | No Comments »

Gold Explodes After Bernanke Gives QE2 Green Light: “Sees Case For Further Action” (Full Gospel Included)

Friday, October 15th, 2010

by Tyler Durden ZeroHedge.com 10/15/2010 More broken gospel from the Central Bank of faith and hope, as gold surges, despite what anti-gold bugs out there preach day in and out: •Fed’s Bernanke says sees case for further action with too low inflation •Fed’s Bernanke says Fed could buy assets, alter statement •Fed’s Bernanke says... »

Posted in Conspiracy, Economics, God Help Us, Government Evil | No Comments »

Opposition To Portugal’s Austerity Measures Threatens To Dissolve The Government

Friday, October 15th, 2010

Vincent Fernando, CFA BusinessInsider.com Oct. 15, 2010 The Portuguese government is detailing its 2011 austerity budget today, which might prove its undoing. The nation’s largest trade union has already announced a strike for November 27th and prime minister José Sócrates has a shaky coalition of support, Yet he’s playing a game of chicken he... »

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