Archive for December, 2010

FarmWars.com 12/29/2010 This is taken from Chapter 24 of The Creature from Jekyll Island (When added to The Freedom Manifesto, this material should be expanded to include the concept of deliberate waste. With that included, it will make an excellent chapter.) The substance of these stratagems [for the weakening of the United States so... »

By: Graham Summers Market Oracle Dec 30, 2010 We just hit another milestone in insanity. I’ve written before that thanks to its QE lite and QE 2 programs, the Fed is now officially the single, largest owner of US debt. However, even that nonsense pales in comparison to the Fed’s latest accomplishment, that of... »

By: Mac Slavo Market Oracle Dec 30, 2010 While Bob from Drinking With Bob may be a little bit emotionally driven he does a pretty good job of getting his point across. In the following video Bob rants about the failing public services sector in New York and points out what many of us... »

by Charles Hugh Smith ZeroHedge.com 12/30/2010 Refusing to face the need for radical change and adaptation only makes the eventual adjustment more traumatic and less likely to succeed. As an initial reaction to unwelcome crises, denial serves a psychological purpose. Closing our eyes and hoping the Monster will go away is the first stage... »

“No refusal” DUI stops soon to expand nationwide Steve Watson & Paul Watson Prisonplanet.com Dec 30, 2010 In a shocking, but not unprecedented, turn of events drivers in Florida will be mandated to allow police to jab a needle in their arm and extract blood at DUI checkpoints should they refuse to submit to... »

by Tyler Durden ZeroHedge.com 12/30/2010 Following the publication of the monthly Central Bank of Ireland flow statistics for November, that the country’s bank ended up borrowing another massive amount of capital from both Europe and the central bank itself, should not be surprising. After all it was in November that Ireland followed Greece into... »

by Phoenix Capital Research ZeroHedge.com 12/30/2010 Thanks to the blizzard, holidays, and so forth, EVERYTHING that occurs in the markets this week is largely irrelevant. Once the holidays end, we’ll be back to reality in short notice. What’s reality? The reality is that situation in Europe has literally reached a fever pitch. We have... »

China is preparing for conflict ‘in every direction’, the defence minister said on Wednesday in remarks that threaten to overshadow a visit to Beijing by his US counterpart next month. By Peter Foster TelegraphUK 29 Dec 2010 “In the coming five years, our military will push forward preparations for military conflict in every strategic... »

Ellen Nakashima Washington Post Thursday, December 30, 2010 A year after a Nigerian man allegedly tried to blow up a Detroit-bound airliner, officials say they have made it easier to add individuals’ names to a terrorist watch list and improved the government’s ability to thwart an attack in the United States. The failure to... »

EndOfTheAmericanDream.com As we come to the end of 2010, there seems to be very few reasons to be optimistic about the U.S. housing market as we enter 2011. Home prices have fallen for several months in a row, mortgage rates are going up, mortgage delinquencies are increasing again, the mortgage industry is mired in... »