by Tyler Durden ZeroHedge.com 05/25/2011 “A ‘91-style meltdown is almost inevitable.” So says Alexei Moiseev, chief economist at VTB Capital, the investment-banking arm of Russia’s second-largest lender, discussing the imminent economic catastrophe that is sure to engulf Belarus following the surprise devaluation of the country’s currency by over 50%, which we announced on Monday.... »
Archive for May 25th, 2011
Welcome To Hyperinflation Hell: Following Currency Devaluation, Belarus Economy Implodes, Sets Blueprint For Developed World Future
Feds Issue Threat: No Fly Zone for Texas?
by Connor Boyack, with Brian Roberts and Michael Boldin Tenthamendmentcenter.com esterday, the U.S. Department of Justice upped the ante in a high-stakes political game of chicken. Lobbying against pending legislation in the Texas legislature which would criminalize any searches conducted without probable cause, U.S. Attorney John E. Murphy sent a letter to a few... »
Texas’s “Come And Take It” Moment
Stopaustinscanners.org n May 24, 2011, the Texas Senate read on the floor for the first time HB 1937, which bans the TSA and any other State or Federal Government official from using a “pat-down” without probable cause as a condition for entering an airplane or a public building. Earlier that Tuesday, the US Department... »
DHS Merges with Pentagon and NSA Under Obama’s Cyber Threat Plan
Kurt Nimmo Infowars.com May 25, 2011 Obama has proposed legislation that will give the Department of Homeland Security more “autonomy” in its effort to protect civilian computer networks from ostensible cyber attack, according to Information Week. White House officials testified Monday before the Senate Committee on Homeland Security and Governmental Affairs about the comprehensive... »
Things Are Spinning Out Of Control
by Charles Hugh Smith ZeroHedge.com 05/25/2011 he pretense of centralized control of history is wearing thin. The single greatest conceit of the Status Quo in the U.S., China and Euroland is that systems and trends can be tightly controlled. That conceit is slowly being revealed as hubris, as all sorts of things are spinning... »
We’ve Just Breached the Debt Ceiling… Next Comes the Default
by Phoenix Capital Research ZeroHedge.com 05/25/2011 While Barack Obama is chugging Guinness and Congress is doing… well not much of anything, we’ve breached the US debt ceiling. That’s correct, the US now has more debt than is legally permitted. We’d crossed the “more debt than is healthy” as well as the “more debt than... »
Feds’ Threat to Cancel Flights in Texas Kills Anti-TSA Grope-Down Bill
DOJ resorts to economic terrorism, lawmaker compares fight to revolutionary war against Mexico Paul Joseph Watson Prison Planet.com Wednesday, May 25, 2011 An astounding Department of Justice threat to cancel airline flights to and from Texas, in addition to underhanded lobbying by TSA representatives, has killed efforts in the state to pass HB 1937,... »
Soil contamination from Fukushima crisis comparable to Chernobyl: study
Kyodo May 25, 2011 TOKYO (Kyodo) — Radiation released by the crippled Fukushima Daiichi nuclear power plant has caused soil contamination matching the levels seen in the Chernobyl disaster in some areas, a researcher told the government’s nuclear policy-setting body Tuesday. “A massive soil decontamination project will be indispensable before residents in those areas... »
Hedge fund managers pour assets into farmland as doomsday food scenario approaches
Neev M. Arnell Natural News May 25, 2011 Going back to the land has always been thought of as a thing for hippies, eco-nuts, and doomsday survivalist, but now hedge fund managers are jumping on the bandwagon too. The New York Observer recently spoke to such a hedge fund manager working on a fund... »
Why governments are buying gold
By Aaron Rowe CommodityOnline.com A lot of questions are swirling the globe today about why governments are buying gold bullion and what this means when it comes to the US dollar? Should Americans be running to their nearest gold dealer and buying what they can because the end is near? Or is buying gold,... »