Archive for November 9th, 2011

Levin: U.S. Has Become A ‘Post-Constitutional Gov’t’ Heading For ‘Utopian Tyranny’

Wednesday, November 9th, 2011

Craig Bannister CNS News November 9, 2011 Mark Levin warned attendees at AFP’s Defending The Dream conference Saturday that Americans now live in “a Post-Constitutional government” heading into tyranny. Speaking at the Americans For Prosperity (AFP) event at the DC Convention Center on Nov. 5, Levin said the U.S. has become “a Post-Constitutional government... »

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Rogers: “100% Chance Of Crisis Worse Than 2008,” Italy Implodes

Wednesday, November 9th, 2011

Record surge in bond yields as Italian debt crisis passes point of no return Paul Joseph Watson Prison Planet.com Wednesday, November 9, 2011 Veteran investor Jim Rogers warned this morning that there is a “100% chance” the world is facing a financial crisis worse than 2008, as Italy was plunged into chaos on the... »

Posted in Economics, Government Evil, New World Order | No Comments »

Big Banks Plead with Customers Not to Move Their Money

Wednesday, November 9th, 2011

Washington’s Blog November 9, 2011 Yes, The Big Banks DO Care If We Move Our Money 650,000 customers moved $4.5 billion dollars out of the big banks and into smaller banks and credit unions in the last month. But there is a myth making the rounds that the big banks don’t really care if... »

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Worldwide Markets Collapse Following Italian Bond Margin Hike

Wednesday, November 9th, 2011

by Tyler Durden ZeroHedge.com 11/09/2011 The much dreaded LCH margin hike came and went and while initially the market participants thought it was just a joke as nothing bad is ever allowed to happen anymore in these neverneverland markets, a few hours later the realization that this is all too real has finally dawned.... »

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Gold Over EUR 1,300 – On Way to ‘Infinity’ on Eurozone Contagion?

Wednesday, November 9th, 2011

by Tyler Durden ZeroHedge.com 11/09/2011 Deepening geopolitical tensions regarding Iran, Israel and the western world has led to oil rising for six days in a row now and this is also supporting gold. The International Atomic Energy Agency said Iran was developing nuclear-weapons capabilities that gave it “serious concern” about possible military aspects to... »

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15 Statistics Which Prove That The U.S. Economy Is In Much Worse Shape Than Most Americans Think

Wednesday, November 9th, 2011

EndOfTheAmericanDream.com Yes, most Americans realize that the economy is not doing well right now, but most of them also believe that this is just a “temporary” downturn. The mainstream media tells us over and over that a “recovery” has either already begun or that one is right around the corner. Sadly, the truth is... »

Posted in Economics, Land Of The Sheep | No Comments »

Britain ranks below Peru in new ‘sovereign risk’ world order

Wednesday, November 9th, 2011

“The emerging markets have the savings; the developed world has the debt. Sooner or later, prices will reflect those facts.” By Ian Cowie Telegraph.co.uk Britain ranks below Peru in a new analysis by one of the world’s biggest fund managers of the risk to investors who buy government bonds. Norway, Sweden and Switzerland are... »

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Once Greece goes, the whole euro project will unravel

Wednesday, November 9th, 2011

By Jeremy Warner Telegraph.co.uk November 8th, 2011 Robert Jenkins, a member of the Bank of England’s Financial Policy Committee, does a good job in setting out the potentially disastrous economic and financial consequences for Greece and the wider European Union if Greece is allowed to default via exiting the eurozonein this morning’s FT (£).... »

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Germany refuses to use gold reserves for Eurozone bailout

Wednesday, November 9th, 2011

CommodityOnline.com 08 November 2011 Gold is fast becoming a “currency” in Europe with many nations clearly aggressive about their gold holdings. The latest is Germany’s rejection of using its gold to fund the bailout. Though Germany has contributed billions of dollars in the bailout fund, the very action of rejecting to sell its gold... »

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US banks have huge exposure to European debt market

Wednesday, November 9th, 2011

CommodityOnline.com 09 November 2011 US banks have an exposure of $767 billion to the European debt market as per recent data by the Bank of International Settlements (BIS). This includes $518 billion in Credit Default Swaps (DCS) and $181 billion in direct lending. With these banks stating that their exposure has been covered, it... »

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