Archive for July 3rd, 2012

By Douglas J. Hagmann HomelandSecurityus.com 3 July 2012 Most readers will likely recall the recent disturbing footage of 68 year-old Karen Klein, the monitor of bus 784 servicing the Athena Middle School in the Rochester suburb of Greece, NY. A group of about four young teens bullied this woman to tears on one of... »

By: Ben Traynor GoldSeek.com Tuesday, 3 July 2012 London Gold Market Report SPOT MARKET gold prices traded close to $1610 an ounce for most of Tuesday morning in London, after breaking through the $1600 mark during the earlier Asian session. Silver prices touched $28 an ounce for the first time in nearly two weeks,... »

KingWorldNews.com July 3, 2012 With continued uncertainty surrounding global markets, the Godfather of newsletter writers, Richard Russell, asked an important and intriguing question, “Is anything completely safe in our new world of central bank fiat paper?” Russell also discussed gold at length, but first, this is what Russell had to say about the action... »

IRS “easiest enforcer” of health care law Paul Joseph Watson Prison Planet.com Tuesday, July 3, 2012 Despite claiming Obamacare was “not a tax,” Democratic National Committee Chairwoman Debbie Wasserman Schultz told CNN’s Wolf Blitzer that the Internal Revenue Service would be the “easiest enforcer” of penalties against those who refuse to comply with the... »

by Washington’s Blog Global Research July 2, 2012 Governments On Both Sides of the Atlantic Try to Put Lipstick on a Pig We noted yesterday that the big banks have criminally conspired since 2005 to rig $800 trillion dollar Libor-based market. Barclay’s chairman says that the Bank of England gave explicit approval for the... »

by Tyler Durden ZeroHedge.com 07/03/2012 If one only looks at equity or FX futures this morning, one would completely ignore the real action in the last few hours which is all about crude, where Brent just passed back above $100 and WTI is up over $3 on the session. The reason is that the... »

By Dan Amoss DailyReckoning.com 07/02/12 There’s a plausible path to $10,000 an ounce gold. And it doesn’t require a breakdown in civil society… Speculators see central bankers as modern-day superheroes, able to push markets around with a single phrase. In the minds of most investors, Ben Bernanke, Mario Draghi and Masaaki Shirakawa might as... »

By Joan Gralla Reuters.com Mon Jul 2, 2012 U.S. states and localities have run up more than $2 trillion of unfunded pension liabilities, Moody’s Investors Service said on Monday, citing data on plans offered by 8,500 local governments and over 14,000 individual entities. The Wall Street credit agency said that according to its estimate,... »

By Cyrus Sanati Fortune.com July 2, 2012 European leaders continue to apply flimsy Band-Aids to their gushing economic wounds in an effort to avoid making the hard decisions necessary to save the euro from oblivion. The 19th “emergency” EU summit to be called since the European debt crisis began over two years ago concluded... »

BY DIANE ALTER Money Morning.com JULY 2, 2012 Political battles will take center stage in the second half of 2012, but few loom larger than the scheduled tax increases – “Taxmageddon” – set to take effect in January 2013. Bush-era tax cuts, payroll tax breaks and other provisions set to expire next year could... »