Blowing up children and threatening climate change skeptics with physical violence barely merits a mention Paul Joseph Watson Prison Planet Tuesday, January 11, 2011 While the establishment has invoked the supposed threat of vitriolic “right-wing rhetoric” as a tool with which to bludgeon freedom of speech in response to the Tucson shootings, it has... »
Archive for January 11th, 2011
A Warning To Enemies Of The 1st and 2nd Amendments
Prisonplanet.com Jan 11, 2011 In their fervor to tear down the First and Second Amendments, Democrats and their allies in the corporate media hastily characterized Loughner as an anti-government right-winger in their rush to link him to the Tea Party and Sarah Palin, a connection that is still being invoked as Dems seek to... »
New Global Effort To Patch European Insolvency Holes Buys One More Day
by Tyler Durden ZeroHedge.com 01/11/2011 Europe is now literally living day to day. After last night it was announced that Japan is joining China in purchasing a substantial portion of European debt, using its FX reserves to buy up to 20% of European issuance and thus becoming simply the latest selfish trade surplus country... »
Algorithms Take Control of Wall Street:For better or worse, the computers are now in control.
By Felix Salmon and Jon Stokes Wired.com Last spring, Dow Jones launched a new service called Lexicon, which sends real-time financial news to professional investors. This in itself is not surprising. The company behind The Wall Street Journal and Dow Jones Newswires made its name by publishing the kind of news that moves the... »
Why the Arizona Shooting is Unlikely To Be a Repeat of Oklahoma City
By Philip Klein The American Spectator.org 1.10.11 In the wake of last November’s defeat in the midterm elections, Democratic strategist Mark Penn, appearing on “Hardball,” suggested that President Obama would need an event like the Oklahoma City bombings to “reconnect” with the American people as Bill Clinton did following the 1994 GOP takeover of... »
JPMorgan: Rising Food Prices Fuelling Inflation
By Robert Wenzel EconomicPolicyJournal.com Monday, January 10, 2011 “If you break down the inflation numbers then the impact of food has been extremely significant,” Will Shropshire, head of investor trading, product development and agriculturals for JP Morgan said in an interview with Reuters. Shropshire said prices for agricultural commodities had risen to a level... »
Global food price crisis coming to a country near you?
G20 to tackle food prices as countries reassure By Kim Yeonhee Reuters.com The world’s biggest economies are working to find ways to bring down soaring food prices, a G20 official said on Friday, as top exporter Thailand vowed to keep rice supply steady and avert a repeat of the 2008 food crisis. Global food... »
Federal Reserve Continues to Shovel Money to AIG
by Robert Wenzel EconomicPolicyJournal.com Think the bailouts are over? Think again. The latest data from the Federal Reserve indicates the Fed continues to increase the amount of money they are providing to AIG. At November 3, 2010, the balance of credit extended by the Federal Reserve to AIG stood at $19.235 billion by December... »
Did Bankers Rob the Middle Class?
By Derek Thompson The Atlantic.com Jan 10 2011 In the last decade, a greater share of money flowed to our banking system than almost any time in American history. Meanwhile, middle class wages continued their 30 year freeze. Are the two related? Are the banks robbing the middle class? Kevin Drums suggests as much... »
Is the U.S. Economy in a ‘Creeping Depression’?
By Tim Iacono SeekingAlpha.com January 10, 2011 Ambrose Evans-Pritchard covers a lot of familiar ground in his latest commentary at the Telegraph, laying blame for our current condition at the feet of the central bank and offering up what you’ll hear no U.S. politician or policy maker say – that the recent housing/credit boom/bust... »