Archive for October 13th, 2011

VidRebel.com Previously, I said the current Depression should be called the Greatest Starvation and not the Second Great Depression. In the 1929-1939 Depression only 3 million or so Americans died of starvation. I expect 9 million Americans and more than a billion people outside the United States to die of starvation over the next... »

No information about plot exists within FBI channels Paul Joseph Watson Prison Planet.com Wednesday, October 13, 2011 Retired U.S. Army Lieutenant Colonel Anthony Shaffer says that an FBI insider told him the dubious terror plot to assassinate a Saudi ambassador which has been blamed on Iran was likely manufactured by the Obama administration, because... »

Review of Pat Buchanan’s latest book Dr. Paul Craig Roberts Prisonplanet.com October 13, 2011 Pat Buchanan’s latest book, Suicide of a Superpower, raises the question whether America will survive to 2025. The question might strike some readers as unduly pessimistic and others as optimistic. It is unclear whether the US, as we have known... »

From GoldCore ZeroHedge.com 10/13/2011 Gold is marginally lower in all currencies today and appears to be steadying near four-week highs on further evidence of strong consumer demand in Asia. Market concerns about contagion in the eurozone should prevent significant price falls from these levels. Jewellers and bullion dealers in India and China continue to... »

Millions of Americans hoped President Obama would nominate Elizabeth Warren to head the consumer financial watchdog agency she had created. Instead, she was pushed aside. As Warren kicks off her run for Scott Brown’s Senate seat in Massachusetts, Suzanna Andrews charts the Harvard professor’s emergence as a champion of the beleaguered middle class, and... »

By Brady Dennis WashingtonPost.com Cleveland — The sight of excavators tearing down vacant buildings has become common in this foreclosure-ravaged city, where the housing crisis hit early and hard. But the story behind the recent wave of demolitions is novel — and cities around the country are taking notice. A handful of the nation’s... »

by Brian Westenhaus OilPrice.com The USA, largest consumer of oil and perhaps about fourth in production has entered an oil boom. Not only is it related to improvements in production technology, but U.S. demand for crude has also fallen. The U.S. is awash in oil. It’s the rest of the world that’s driving demand.... »

Italy risks a debt spiral without “drastic” steps to cut spending and restore confidence in public finances, the country’s central bank governor has warned. By Ambrose Evans-Pritchard Telegraph.co.uk “We must act fast. The sorts of interest rate rises seen over the last three months, if protracted, could lead to an uncontrollable spiral,” said Mario... »

BY VALENTINA POP EUObserver.com The Slovak parliament on Tuesday (11 October) brought down the government in a no-confidence vote linked to the eurozone bail-out fund, a move putting in doubt a second rescue package for Greece as agreed by EU leaders in July. The vote count showed 55 MPs in favour of extending the... »

A downgrade of Britain’s top notch credit rating is potentially unavoidable because the country can not grow out of its debts, a leading asset manager has claimed. By Philip Aldrick Telegraph.co.uk Legal & General Investment Management said “the UK’s credit rating is likely to be reviewed in the coming years” as it becomes clear... »