Archive for June 25th, 2012

BY JR NYQUIST FinancialSense.com 06/25/2012 There is a fascinating passage in Pavel Stroilov’s book Behind the Desert Storm. It is a transcript from a discussion between Soviet leader Mikhail Gorbachev and Egyptian President Hosni Mubarak. Gorbachev wants to know where Mubarak gets his country’s money from. “Is it flowing in the Nile?” he asks.... »

by Tyler Durden ZeroHedge.com 06/25/2012 Those hoping for supreme court to overturn socialism today will have to wait a few more days: HEALTH-CARE CASE ISN’T AMONG TODAY’S U.S. SUPREME COURT RULINGS But SCOTUS did slap Obama in the face nonetheless: ARIZONA ILLEGAL-IMMIGRATION LAW GETS MIXED TOP COURT DECISION U.S. SUPREME COURT UPHOLDS KEY PART... »

The True Source of Monopoly by Thomas J. DiLorenzo LewRockwell.com For centuries the common law defined “monopoly” as a governmental grant to an individual or enterprise to operate without any legal competition. Government-sanctioned monopoly was a key feature of European “mercantilism,” the type of political/economic system that Adam Smith railed against in his famous... »

Susanne Posel, Contributor Activist Post.com Monday, June 25, 2012 Susanne Posel, Contributor Activist Post The efforts of the Global Elite are to enable an environmentally-based economy within a one world government. This includes replacing the currency and economic structures in place. The Royal Canadian Mint (RCM) has announced that they will stop printing pennies.... »

By ENENews June 24th, 2012 Cesium 137 Detected in my Rain! (Radioactive Rain Detected) Published on Jun 24, 2012 Published by antiprotons As you all know, I have always maintained that there is Fukushima fallout in the rain… but that the levels (even if they are unsafe) are too low for a Geiger counter... »

By ENENews June 24th, 2012 Nuclear Refugees 「原発避難民」the people of Iitate Village 飯舘村の皆さん, 一年後 Published on Jun 23, 2012 Producer/camera Koji Fujita Director/editor Ian Thomas Ash At 2:30 in Iitate Resident: They swore to us those plants were completely safe! … What has happened to us psychologically, physically, financially is truly unimaginable. The Rest…HERE... »

MIKE SHEDLOCK Globaleconomicanalysis.blogspot.com Sunday, June 24, 2012 f Spain is seeking further instability, a new law on financial transactions is sure to do just that. Via Google Translate, Spain passes a law limiting cash payments to 2,500 euros. Key Provisions Minimum fine of €10,000 for taxpayers who do not report their foreign accounts. Fine... »

by EconMatters ZeroHedge.com 06/24/2012 Citing “Central banks are being cornered into prolonging monetary stimulus as governments drag their feet and adjustment is delayed”, the BIS (Bank for International Settlements) on Sunday, June 24 endorsed the proposals of forming a single banking union for the Euro Zone to “buy time” in the short term. After... »

By: Brady Willett GoldSeek.com Monday, 25 June 2012 Three months ago Ben Bernanke gave a series of lectures and defended the Fed’s actions during the financial crisis. In what was tantamount to a post-crisis victory lap, Bernanke contended that “we did stop the meltdown”, and “we avoided what would have been, I think, a... »

by Tyler Durden ZeroHedge.com 06/25/2012 S&P 500 e-mini futures are over 20pts below their day-session closing highs on Friday as energy and financials lead the plunge. The major financials appear to have finally woken up to the hypothecated reality of huge collateral calls on the back of their downgrades, the lack of a simple... »