By: Vincent Bressler GoldSeek.com The dollar is what it can buy and nothing else. However, gold is money and nothing else. It is of paramount importance to the Federal Reserve to keep the physical price of gold under control so that the dollar may be viewed as legitimate money. By extending nearly infinite lines... »
Archive for November 22nd, 2010
Gary Shilling: We’re in an Age of Deleveraging
By Anupam Kathpalia SeekingAlpha.com November 21, 2010 Renowned economist Gary Shilling last week released his book The Age of Deleveraging: Investment Strategies for a Decade of Slow Growth and Deflation. Upon release of his new book, the economics doctorate sat down with Daily Finance discussing his big picture take on the economy. In summarizing... »
Congress Takes Vigorous Steps to Look Like it’s Planning to Reduce Deficit
By Rocky Vega The DailyReckoning.com 11/20/10 Stockholm, Sweden – Erskine Bowles, President of UNC, and former Wyoming Senator, Alan Simpson, the co-chairmen of President Obama’s National Commission on Fiscal Responsibility and Reform, are getting political leaders caught up with the obvious reality of the US’ precarious financial stateÉ that the budget deficit is quickly... »
IMF chief Dominique Strauss-Kahn urges leaders to cede more sovereignty to EU
European nations need to cede more of their sovereignty and hand greater powers to the centre to avoid future crises, the head of the International Monetary Fund has said. By Philip Aldrick Telegraph.co.uk In what are likely to prove controversial proposals, Dominique Strauss-Kahn, the IMF managing director, called on the European Union to move... »
U.S. in Vast Insider Trading Probe
By SUSAN PULLIAM, MICHAEL ROTHFELD,JENNY STRASBURG and GREGORY ZUCKERMAN WSJ.com Federal authorities, capping a three-year investigation, are preparing insider-trading charges that could ensnare consultants, investment bankers, hedge-fund and mutual-fund traders and analysts across the nation, according to people familiar with the matter. The criminal and civil probes, which authorities say could eclipse the impact... »
Economic Implosion Sets The Blame Game In Motion
By Giordano Bruno Neithercorp Press When a child bounds about the house and breaks his mother’s favorite flower vase or creepy ‘Precious Moments’ figurine, he usually blames the dog before he blames himself. We tend to learn the value of scapegoats at a very early age. Many people eventually outgrow this terrible habit and... »
America’s Going Fascist-Lew Rockwell interviews Gerald Celente.
LewRockwell LewRockwell.com From full-body scammers, to the digital inflation that makes the dollar not worth the money it’s not printed on, to a US-caused currency war, to trade wars, and then to real wars, the melding of State and corporate power is fascism, says Celente. Because the phony election cycle has aligned the incompetent... »
Jesse Ventura Exposes the JFK Assassination Conspiracy Nationally
by Mac McKinney LewRockwell.com Jesse Ventura has done a great service to the country in this, the second season of his TV series, Conspiracy Theory. In Episode 5 that just played this past Friday, November 19th, he further hammers home the truth nationally that there was indeed a conspiracy to kill Jack Kennedy. He... »
JFK and the Unspeakable: Why He Died and Why It Matters
by Edward Curtin LewRockwell.com Despite a treasure-trove of new information having emerged over the last forty-six years, there are many people who still think who killed President John Fitzgerald Kennedy and why are unanswerable questions. There are others who cling to the Lee Harvey Oswald “lone-nut” explanation proffered by the Warren Commission. Both groups... »
THE TREMENDOUS DANGERS OF THE DREAM ACT
By Frosty Wooldridge November 22, 2010 NewsWithViews.com If not enough that 15 million Americans suffer unemployment and another seven million cannot find full time jobs—your U.S. Congress led by Senator Harry Reid, re-elected by the most unemployed per capita population of all 50 states, introduced the Dream Act once again after it suffered defeat... »