Economist Tim Madden: The PIIGS Brief: understanding how oligarchs rig, loot our economies

(Examiner) – Tim Madden is an economist with expertise on credit and banking. Tim and I are colleagues in lobbying government for public banking, with concentration in the US for state-owned banks (and here). The good news is that structural solutions to our economic controlled demolition are obvious and simple; and explained beautifully by many of America’s brightest historical minds. The bad news is that we’re still mired in oligarchic looting of our economies. Continue reading

Climategate

(CommonDreams) – Scientists Speak Out Against Climate Change Deniers’ McCarthy-Like Threats

In a letter published in the journal Science, more than 250 members of the US National Academy of Sciences, including 11 Nobel Prize laureates, condemned the increase in “political assaults” on scientists who argue greenhouse gas emissions are warming the planet. Read More Here

(AmericanThinker) – The Problems with Al Gore

There are two problems with Al Gore. First, he’s a demagogue who lacks an appreciation for the ethics and methods of science. Second, he’s a not a scientist, but a celebrity and politician who does not understand the technical aspects of science. Put succinctly, the man simply doesn’t know what he’s talking about. But Gore is now advising the world on complex technical issues related to energy and climate. That’s a problem for the human race. Read More Here

(AmericanThinker) – Cap-and-Trade Is Back

On Wednesday, Senators John Kerry (D-MA) and Joe Lieberman (I-CT) plan to introduce legislation designed to inflate the cost of energy, strain family budgets, and decimate America’s manufacturing sector — all in the name of supposedly saving the climate. Read More Here

(OnTheHill) – Kerry To Advance Climate Bill Minus Graham

Sens. John Kerry (D-Mass.) and Joe Lieberman (I-Conn.) will press ahead with legislation to deal with climate change, even after their erstwhile GOP partner says it will be “impossible” for the bill to pass the Senate.

Kerry and Lieberman released a joint statement Friday announcing their plan to roll out comprehensive energy and climate change legislation this coming Wednesday. If that roll-out goes off as planned, it will mark a major milestone for the bill that has languished in the Senate for most of the last year. Read More Here

Video: Message to the Environmental Movement – Climategate

The world’s leading climate scientists have been embarrassed by the publication of private emails that hide the decline of global temperatures. This is a message to the environmental movement. Continue reading

MSM: Israel primed for war on Iran: Netanyahu deputy

(Reuters) – Israel is primed for a war on Iran, a deputy to Prime Minister Benjamin Netanyahu said Monday, in a rare break with his government’s reticence as world powers try to talk Tehran into curbing its nuclear plans.

By spearheading assaults on guerrillas in neighboring Lebanon and Palestinian territories, the Israeli air force had gained the techniques necessary for any future strikes on Iranian sites, Deputy Prime Minister Moshe Yaalon said.

“There is no doubt that the technological capabilities, which improved in recent years, have improved range and aerial refueling capabilities, and have brought about a massive improvement in the accuracy of ordnance and intelligence,” he told a conference of military officers and experts. Read entire article

20 Signs That The United States Is Rapidly Becoming A Totalitarian Big Brother Police State

(EndoftheWorld) – Once upon a time, the United States was a land of unparalleled freedom.  The rest of the world envied the freedom that ordinary Americans had to think, say and do what they wanted.  But all of that has changed.  Now Americans have to fear that they will be tackled by a squad of security goons and dragged off to a detention facility somewhere if they spill a Pepsi on a flight attendant or take a few too many pictures of a public building.  The United States used to be the polar opposite of totalitarian regimes like Nazi Germany and the Soviet Union, but now America is rapidly becoming very much like them.  Due to the fear of a boogeyman living in a cave somewhere or some guy with explosive powder in his underwear we are all being forced to give up our freedoms and learn to live in a Big Brother police state. Continue reading

Video: Predictive Programming? Gulf Oil Rig Explosion in “Knowing”

More than a few people have noted the Illuminati symbolism in the film “Knowing” starring Nicholas Cage (see a run-down here). But as the video below demonstrates, there may also be predictive programming in the film in regard to the recent oil rig explosion in the Gulf of Mexico.

Coincidence? You decide. Continue reading

Killing The Food Supply: The Dangers of Genetically Modified Food

(Infowars) – Genetically modified food has entered the food supply through secrecy and deception. Some claimed that genetically modifying the food supply could even put an end to world hunger. At first glance, genetic modification really does look like a great idea. It allows for larger crops, enhanced growing seasons, and even bigger animals. The truth of the matter is that genetically modified food has been shown to sterilize the population, lead to infant mortality, and exacerbate the usage of pesticides on a global scale. Continue reading

MSM: Gulf oil spill spreads west toward Texas

(Reuters) – BP Plc engineers desperately explored options on Sunday to control oil gushing from a ruptured well deep under the Gulf of Mexico after a setback with a huge undersea containment dome fueled fears of a prolonged and growing environmental disaster. Continue reading

How the Illuminati Create Unlimited Money – Mark Dice

(Infowars) – Perhaps you have noticed that frequently the largest and most extravagant buildings in most cities (and even small towns) are banks. It’s fascinating how banks make money off interest, which is one of the most lucrative businesses known to man. While most businesses build a product or provide some kind of service involving manual labor or specialized knowledge, banks make enormous profits through the seemingly magical practice of lending people money and collecting interest on the loans. Continue reading

Video: Obama’s Supreme Pick Connected to Larry Summers, Goldman Sachs, Cass Sunstein

(NJ) – Editor’s note: If Elena Kagan sits on the Supreme Court it will be business as usual for Wall Street and the New World Order.

This apparent Obama nominee is unusual. She’s never been a prosecutor or attorney general, or defense attorney or Legal Aid litigator or sitting judge. In fact, she’s never been a lawyer in a trial…. never. Until her appointment as Solicitor General last year, she hadn’t argued before a court; so her very first, maiden argument, was before the United States Supreme Court last year! Continue reading

Video: Food Crisis 2010 and US Dollar Impact

(SicSemperTyrannis) – There has been lots of talk about a coming food crisis due to the massive looting of the nations under the cover of an “economic crisis”. Recently, a report published by The Trumpet has shown food prices spinning out of control.

In the article it shows some of the most startling year-over-year price increases in the U.S. markets: Continue reading

Why Talk of Secession is Wrong – JTCoyoté

(Infowars) – It was just plain wrong to arrest Dennis Steele in Vermont on April 1st at the state gubernatorial debate. Steele, the Secessionist Party Candidate for Governor of Vermont was merely, though persistently, asking a question of the other candidates regarding the use of ’state secession’ as a way of dealing with Vermont’s $50 million share of the National deficit — he was promptly arrested. This arrest however was unwise, primarily because it is not the way things are done in our free constitutional republic. Besides, the arrest was unnecessary, his non violent question has a very short constitutional answer.  Had there been another candidate or perhaps the moderator with a touch of constitutional savvy present, the situation would have been easily dealt with. Continue reading

Dead doctors still making millions from Medicare billing

(NaturalNews) – Medicare issued as much as $92 million in payments between 2000 and 2007 for medical procedures or devices ordered under the names of doctors who had already died, according to a 2008 Senate committee report.

Prescriptions written in the names of deceased doctors are only one of the fraudulent techniques that plague the U.S. health care system, which has become a favorite target for organized crime.
“There are so many schemes involved,” said John Gillies, a special agent for the Federal Bureau of Investigation (FBI). “Take any aspect of the healthcare industry and there’s a fraud going on in there right now.” Continue reading

A Frightful Despotism – Mark West

(Infowars) – In her infancy, or at least throughout the term of her first President, the United States maintained an aura of non-partisanship. George Washington avoided association with political parties.

Now I’m not saying that parties, or factions, didn’t exist. They most certainly did, along similar, but not the same, principles to those of the two major parties today. A basic contention existed over the size and influence of central government. Seems those battle lines have remained throughout each ages of our nation’s history.

However, President Washington was opposed to political parties. He saw a sinister nature to partisanship. Washington feared the perpetuation of “the most horrid enormities” as the factions battled bitterly for domination, competition, and vengeance while ignoring what was best for the nation. Continue reading

Video: Ron Paul – Euro Bailout Will Lead To Currency Collapse

(PaulWatson) –  As Europe is bailed out to the tune of nearly $1 trillion dollars, Congressman Ron Paul warns that the constant monetization of debt, allied with taxpayer-funded bailouts, will inevitably lead to runaway inflation and the collapse of paper currencies.

Under the terms of the Federal Reserve’s credit swap deal with the EU – in addition to an additional IMF bailout of which U.S. taxpayers will be picking up 20 per cent ($57 billion dollars) of the tab, Paul pointed out that not just taxpayers but “anybody that buys anything” will be funding the European bailout because of the attendant inflationary consequences. Continue reading

Economy

(Boston) – Double dip in housing values continues, despite tax credit/spring bump – Read More Here

(ClarionLedge) – Revenue: April numbers are sobering

Gov. Haley Barbour said last week that April revenue was 8.5 percent below estimates – a $45.1 million shortfall. Read More Here

(SacramentoBizJournal) – State’s revenue below projections for April

California’s controller, John Chiang, said the state’s April cash receipts fell below budget estimates by $3.6 billion, or 26.4 percent. Read More Here

(MinnPost) – 41 percent of metro area single-family homes believed ‘underwater’ – Read More Here

(MaverickBlog) – What Business is Wall Street In ?

My last two posts were designed to stimulate discussion. But lets talk the real problem that regulators, public companies, investor/shareholders and traders face. The problem is that Wall Street doesn’t know what business it is in. Regulators don’t know what the business of Wall Street is. Investor/shareholders don’t know what business Wall Street is in. Read More Here

(WashingtonsBlog) – Challenger Investigation Got $175 Million. Columbia $152 Million. Lewinsky $30 Million. 9/11 $15 Million. Financial Crisis Gets Only $8 Million – Read More Here

(Bloomberg) – Video: Jim Rogers on Greece Bailout, Yuan, Stocks – View Video Here

(NewsMax) – Video: Jim Rogers – Next Recession Will Be Much Worse! – View Video Here

(KurtNimmo) – Video: Obama’s Supreme Pick Kagan Is A Bankster Operative

Democrats are going gaa-gaa over Obama’s Supreme pick Elena Kagan. “Democrats praised Kagan as ‘razor sharp’ and impeccably qualified for the lifetime appointment on the nine-member bench, but Republicans promised to vigorously vet a ’surprising’ choice, noting she had never been a judge,” reports Agence France-Presse. “I have selected a nominee who I believe embodies… excellence, independence, integrity and passion for the law, and who can ultimately provide that same kind of leadership on the court,” Obama said at the White House. View Video Here

(AmpedStatus) – High Frequency Terrorism: How the Big Banks and Federal Reserve Maintained Their Death Grip Over the United States – David DeGraw & Max Keiser – Read More Here

Layoffs:

Dean Foods – 350 to 400
RBS – 2,600
Update: Fort Wayne IN – 300 Teachers to Learn Layoffs Numbers today
City of Costa Mesa – 51 Possible
Town of Mesilla NM – 4
Newark Valley Central School District – 11

(InfoClearingHouse) – Kagan: – Goldman Sachs – Shifting Court to Right?

“A narrow elite is imposing itself through the legal system, and ordinary Americans need to start asserting themselves.”
The Wall Street Journal reports: “The White House said Friday that Elena Kagan’s membership on an advisory panel for the securities firm Goldman Sachs Group Inc. wouldn’t disqualify her for a position on the Supreme Court. … From 2005 to 2008, Ms. Kagan was a paid member of the Research Advisory Council of Goldman Sachs Global Markets Institute, according to financial-disclosure reports she filed after being appointed to her current job. The form shows she was paid $10,000 in 2008, when she was dean of Harvard Law School.” Read More Here

(StraightGoodNews) – Goldman Sachs Set to Plan Sell-Off of Ontario Assets

Huge and controversial banking firm has a history of playing both sides in privatization deals Read More Here

(AmericanEveryman) – The Stock Market “Glitch”: Blackmail by Big Banking?

The White House gets its way again. They get their way on two measures that would have given the people at least a little control of the “too big too fail” banking system. But how they got it, well that might just be the REAL story of the day.
“I mean this really sounds like market manipulation to me. This is outrageous.” Read More Here

(PaulWatson) – Bankers Destroy Global Economy by Design to Consolidate Power

American taxpayers have been freshly liberated of hundreds of billions more dollars as part of the IMF’s new bailout package which is principally going straight to European banks, in addition to the Federal Reserve program to ship U.S. dollars to Europe, in a move that represents little more than a desperate effort to save the Euro and rescue the credibility of economic global governance. Read More Here

(SteveWatson) – Bankers, Economists: Mass Centralization At Heart Of Euro Bailout

Huge Euro rescue is latest step on the road toward a monolithic globalist federal union Read More Here

(AFP) – Fannie Mae seeks new $8.4 billion US bailout to stay afloat – Read More Here

(ZeroHedge) – EURUSD Roll Over Accelerates, Market Playing Catch Up – Tyler Durden

This may very well still turn out to be the shortest and must futile trillion dollar bailout in history yet. Don’t forget it was the EURJPY correlation desks that freaked out on Thursday and drained all NYSE liquidity in stocks.

It will be truly amazing if we get another 1000 point move in the Dow… But not up. Read More Here

(InternationalForecaster) – The latest Greek tragedy And Sovereign Defaults Pose A Great Threat – Bob Chapman

The latest Greek tragedy continues to leave carnage in its wake, crime compounds the debt problems, Problems everyone knew about nobody did anything about, the Sovereign debt bubble is now upon us, and could bring the world financial system down, a situation like the French Revolution in Greece, food stamps at a record high, unemployment and problems of poverty in the US, Read More Here

(NYTimes) – Video: Markets Welcome E.U. Rescue Package

Global markets rallied Monday, reversing the steep declines of recent days, after European leaders agreed to provide a huge rescue package of nearly $1 trillion to combat the debt crisis that has engulfed Europe, and central banks began injecting cash into the financial system. View Video Here

(EconomicCollapseBlog) – Is The Greek Debt Crisis Being Purposely Hyped And Manipulated? – Read More Here

(KurtNimmo) – Banksters Throw a Trillion Bucks Down a Black Hole

The EU apparatchiks are in crisis mode. European Union boss Jose Manuel Barroso told us not to worry, though. They’re on it.
“This morning’s agreement will ensure that any attempt to weaken the stability of the euro will fail,” said Barroso today as the EU threw around a trillion bucks at the cancer spawned by the Greek debt crisis. “We have stated that we will do whatever is necessary to defend the stability of the euro,” he said with an actor’s confidence. Read More Here

(Guardian) – The Greek spirit of resistance turns its guns on the IMF

Years of national denial about looming bankruptcy have turned to resentment as Greece is told how it must tackle its debt crisis Read More Here

(PaulWatson) – American Taxpayers Looted To Bail Out The Euro

American taxpayers have been freshly liberated of hundreds of billions more dollars as part of the IMF’s new bailout package which is principally going straight to European banks, in addition to the Federal Reserve program to ship U.S. dollars to Europe, in a move that represents little more than a desperate effort to save the Euro and rescue the credibility of economic global governance. Read More Here

(ZeroHedge) – The Latest US Taxpayer Bill To Save Europe, And Specifically The French Banks: $57 Billion – Tyler Durden

As the US and its taxpayers represent roughly 20% of total IMF funding, today’s 3% loss in dollar purchasing power to the middle class will cost the middle class $57 billion. Read More Here

(ZeroHedge) – Summary Of The Biggest Bail Out Ever: Even Keynes Is Spinning In His Grave – Tyler Durden

Europe has now followed the Fed in its all in move to prevent the disintegration of the euro and of Europe. As we expected, the EU was leaking various rumors to gauge market interest, and as speculated earlier, the final cost ended up being just short of one trillion. Here are the key summaries: Read More Here

(LondonTelegraph) – British taxpayers ordered to bail out euro

All 27 EU finance ministers have been summoned to Brussels on Sunday to sign up to a “European stabilisation mechanism. Britain will be unable to veto this as it will be put through under the “qualified majority voting” system. Read More Here

(AP) – Federal Reserve opens credit line to Europe

The Federal Reserve late Sunday opened a program to ship U.S. dollars to Europe in a move to head off a broader financial crisis on the continent.

Other central banks, including the Bank of Canada, the Bank of England, the European Central Bank, the Swiss National Bank and the Bank of Japan also are involved in the dollar swap effort. Read More Here

(C4L) – Video: Ron Paul’s Texas Straight Talk – Continue reading

Raw milk battle reveals FDA abandonment of basic human right to choose your food – Mike Adams

(NaturalNews) – The Farm-to-Consumer Legal Defense Fund (FTCLDF), an organization whose mission includes “defending the rights and broadening the freedoms of family farms and protecting consumer access to raw milk and nutrient dense foods”, recently filed a lawsuit against the FDA for its ban on interstate sales of raw milk. The suit alleges that such a restriction is a direct violation of the United States Constitution. Nevertheless, the suit led to a surprisingly cold response from the FDA about its views on food freedom (and freedoms in general). Continue reading

Video: EX CIA Ray McGovern On 911

Former CIA officer and presidential advisor Ray McGovern discusses how the “enabling act” needs to be rescinded in order to get America back on a constitutional basis and how the restoration of habeas corpus is vital to rescuing freedom in the United States. Continue reading