Archive for December 13th, 2010

US Treasuries last week suffered their biggest two-day sell-off since the collapse of Lehman Brothers in September 2008. The borrowing costs of the government of the world’s largest economy have now risen by a quarter over the past four weeks. By Liam Halligan Telegraph.co.uk Such a sharp rise in US benchmark market interest rates... »

The EU’s Franco-German “Directoire” and the European Central Bank have between them ruled out all plausible solutions to the eurozone’s debt crisis. By Ambrose Evans-Pritchard Telegraph.co.uk 12 Dec 2010 There will be no Eurobond, no increases in the EU’s €440bn (£368bn) rescue fund, and no mass purchases of Spanish and Italian bonds by the... »

TheEconomicCollapseBlog.com If you took an opinion poll and asked Americans what they considered the biggest threat to the world economy to be, how many of them do you think would give “derivatives” as an answer? But the truth is that derivatives were at the heart of the financial crisis of 2007 and 2008, and... »

by Murray N. Rothbard LewRockwell.com Originally published in The Libertarian Forum, Vol. 10, No. 7, July 1977. I have been ruminating recently on what are the crucial questions that divide libertarians. Some that have received a lot of attention in the last few years are: anarcho-capitalism vs. limited government, abolitionism vs. gradualism, natural rights... »

by Bob Murphy LewRockwell.com As thousands joined in the Distributed Denial of Service (DDoS) attacks on Mastercard et al., the first full-scale cyber war (or “Internet War”) had begun. I have already expressed my concern (here and here) that the boycotters of Amazon hadn’t provided a compelling justification for their strategy. In the present... »

by William Norman Grigg LewRockwell.com For months, Ada County Sheriff David Updyke had been investigating a secretive group of armed extremists living at the periphery of his southwest Idaho jurisdiction. When an informant provided him with a membership list of the armed band, Updyke wasted no time. He obtained arrest warrants, organized a large,... »

By Dennis L. Cuddy, Ph.D. December 13, 2010 NewsWithViews.com [Note: In the December 20 edition of TIME is a Briefing, “In School, China on the Rise,” which demonstrates the tremendous ignorance of those oblivious to the Power Elite’s (PE’s) master plan for a global techno-feudal system. The Briefing refers to China’s growing “educational prowess”... »