by George Washington ZeroHedge.com 01/12/2011 As numerous experts have pointed out for years, failing to prosecute financial fraud is extending our economic crisis. This continues to be a key, ongoing story. For example, the Telegraph reports today: The EU’s financial watchdog has systemically “sabotaged” investigations and caved into intimidation from countries including France and... »
Archive for January 12th, 2011
Failing to Prosecute Financial Fraud – On Either Side of the Atlantic – Is Extending Our Economic Crisis
How The Fed Spent $2 Trillion And In Exchange We Got 650,000 Temp, Leisure And Retail “Jobs”
by Tyler Durden ZeroHedge.com 01/12/2011 When we looked at the changing composition in the US work force one month ago, we discovered, to our dismay, that since the start of the Depression, the US labor pool has transformed substantially from a full-time time to an increasingly more part-time dominated one. Specifically we found that... »
Poll: Americans Reject Media Hoax On Arizona Shootings
Even a majority of Democrats say political rhetoric not to blame for the actions of a mentally disturbed psychotic Paul Joseph Watson Prison Planet.com Wednesday, January 12, 2011 The establishment media campaign to crassly exploit the tragic Arizona shootings as a way to bludgeon the First Amendment and silence critics of the Obama administration... »
How the Food Safety Modernization Act will destroy American jobs, farms and local foods
Mike Adams Natural News Jan 12, 2011 How will the new Food Safety Modernization Act actually impact small, local farmers who grow food for CSA’s, local restaurants and grocers? To find out, I took a road trip to Texas and interviewed several small, local farmers to ask them, face to face, how the S.510... »
8 Conspiracy Theories About Health That The Mainstream Media Has Been Forced To Admit Are Actually True
EndOfTheAmericanDream.com Who knows more about health – the mainstream media or those that believe in “conspiracy theories”? Well, the truth is that time after time after time those in the “alternative media” and those who believe in “conspiracy theories” have been proven to be far ahead of those in the mainstream media when it... »
Seven Things That Will Cost More in 2011
EconomicPolicyJournal.com This is serious. The very mainstream AOL is warning about price inflation. I guarantee you that no one at AOL is anxiously waiting for the Fed money supply numbers that are issued in the Fed’s H.6 release every Thursday afternoon. They are writing about price inflation because they feel it, and they think... »
New Move to Make Yuan a Global Currency
By Lingling Wei WSJ.com China has launched trading in its currency in the U.S. for the first time, an explicit endorsement by Beijing of the fast-growing market in the yuan and a significant step in the country’s plan to foster global trading in its currency. The state-controlled Bank of China Ltd. is allowing customers... »
Downturn’s Ugly Trademark:Steep, Lasting Drop in Wages
By SUDEEP REDDY WSJ.com In California, former auto worker Maria Gregg was out of work five months last year before landing a new job – at a nearly 20% pay cut. In Massachusetts, Kevin Cronan, who lost his $150,000-a-year job as a money manager in early 2009, is now frothing cappuccinos at a Starbucks... »
Two Americas: 12 Facts That Show That Those Who Are Too Big To Fail Are Thriving On The Bailout Money That Our Politicians Gave Them Even As The Economic Suffering Of Ordinary Americans Continues To Deepen
TheEconomicCollapseBlog.com Most Americans have a deep aversion to the phrase “redistribution of wealth”, and rightly so. On a fundamental level, it is just not right to take the money that one man has worked so hard to earn and “redistribute” it to someone else. In the political realm, the phrase “a redistribution of wealth”... »
Here They Come For Your Money -Dozens Of States Are Raising Taxes In 2011
EndOfTheAmericanDream.com You didn’t think that state governments would rack up all of this debt without eventually coming after your money, did you? In 2011, dozens of U.S. states are either implementing tax increases that have already been passed or are debating new tax increases that have recently been proposed. In most states, the actual... »