Retired Geography Professor Advocates Global One-Child Policy

(Infowars) – Business Insider featured a post yesterday by geography professor Gary L. Peters under the header “Population Growth Is Still The Biggest Problem Facing Humanity”.

After channeling armchair-eugenicist Alan Weisman, who stated: “The intelligent solution (to the problem of population growth) would require the courage and the wisdom to put our knowledge to the test. It would henceforth limit every human female on Earth capable of bearing children to one.”, the professor added:

Started now, such a policy would reduce Earth’s population down to around 1.6 billion by 2100, about the same as the world population in 1900. Had we kept Earth’s population at that level we would not be having this conversation.Continue reading

Video: Toronto Transformed Into Locked Down Police State

See Also: (CP24) – Protesters set fires, smash windows in violent G20 demonstrationRead More Here

(SteveWatson) – Sweeping police powers with no limits, military style checkpoints, LRAD sound cannons, huge makeshift prisons and a taxpayer bill of $1 billion Continue reading

BP Oil Gusher

(PrisonPlanet) – Ten Stories In The News That The BP Oil Spill Is Overshadowing

The mainstream media is running a 24 hour news cycle focusing purely on the BP oil spill, a disaster, as we have shown, that is being intentionally hyped in order to sell cap and trade legislation and moves to nationalize big business. Read More Here

(Kotaku) – Video: Unreal Engine Puts BP Oil Spill Into Perspective

Initial estimates had the amount of oil spilling into the Gulf of Mexico at 25,000 barrels a day. This clip, made using the same engine that powers many of today’s biggest games, shows how much oil that really is. Video Link Here

Oil Gusher Doom Details Here

Here are the facts about the oil spill that have not been heard anywhere in point form:

Dr. Bill: oil volcano is a giant reserve of magna, ocean floor has been raising around the world 13′ ft a day, that is why there are so many earthquakes and volcano eruptions. This oil is going to keep refilling. Gas burps are lethal and will kill everyone. 79 exercises ready for evacuations. The disbursements heat the ocean and create major hurricanes. BP cut corners and put the wrong pipes down. The company should be seized. 2-2.5 millions gallons a day is leaking. Most dangerous? Volcano super tsunami may occur driven by steam. 80 to 200 feet high, 50 miles inland, clear across Florida. 400-600 miles per hour. 100’s of millions of tons of methane exist in this volcano. 40% of U.S. oil production will cease if tsunami occurs. This could happen by July or up to 2 years. Listen to the weapons that the US have! They have weapons that are a 1000 years ahead of any country that can stop this oil gusher. The plan is to massively reduce the world population…Get out of the Gulf Of Mexico NOW..At least 100 miles inland..
Conspiracy or not? You decide..

Listen Here..

U.S. Scientist Warns Impact of Methane Gas as Result of Gulf Oil Spill – More Here..

How The Ultimate BP Gulf Disaster Could Kill Millions – More Here..

(ABCNews) – Video: BP Oil Spill – Against Gov. Jindal’s Wishes, Crude-Sucking Barges Stopped by Coast Guard

Eight days ago, Louisiana Gov. Bobby Jindal ordered barges to begin vacuuming crude oil out of his state’s oil-soaked waters. Today, against the governor’s wishes, those barges sat idle, even as more oil flowed toward the Louisiana shore. Video Link Here

(IfItWasMyHome) – Map: Visualizing the BP Oil Spill Disaster – View Here

(JohnDotyJr) – Relief Wells Are Useless, We Can’t Stop This Oil Gusher

BP and their affiliated and unaffiliated spokespeople are hilarious. For the public, at least. Maybe that’s their plan. They’ve decided that the situation is so hopeless that they will just put on a big comedy show for us with several acts. Behind closed doors, one can only imagine what happens when the facade ends. What are they talking about? What sort of contingencies and strategies are they actually considering? Surely they are not this naive, this ignorant. It makes no sense. So, the only logical conclusion we can come to is that they are entertaining us. So Maybe we should thank BP for their humorous sideshow. Read More Here

(AP) – Gulf oil full of methane, adding new concerns

The oil emanating from the seafloor contains about 40 percent methane, compared with about 5 percent found in typical oil deposits, said John Kessler, a Texas A&M University oceanographer who is studying the impact of methane from the spill.

That means huge quantities of methane have entered the Gulf, scientists say, potentially suffocating marine life and creating “dead zones” where oxygen is so depleted that nothing lives. Read More Here

(NaturalNews) – Corporate atrocities against nature may ultimately destroy human civilization – Mike Adams

What’s most striking about the present BP oil catastrophe is not that it is an aberration but rather part of a dangerous pattern of mankind’s propensity to destroy nature. To destroy life in a large region of an ocean isn’t even new: The world already has over two hundred “dead zones” where fish can’t live because the ocean water has no more oxygen left thanks to the runoff effects of man-made chemicals. Read More Here

(NYPost) – $7-a-gallon gas?

President Obama has a solution to the Gulf oil spill: $7-a-gallon gas.

That’s a Harvard University study’s estimate of the per-gallon price of the president’s global-warming agenda. And Obama made clear this week that this agenda is a part of his plan for addressing the Gulf mess.

So what does global-warming legislation have to do with the oil spill? Read More Here

(MotherJones) – Is the BP Gusher Unstoppable? – Read More Here

(SOTT) – Fueling War: Pentagon Still Buying Most of Its Oil and Gas from BP – Read More Here

(WPost) – Even after BP oil spill, fundraising events were hopping

Lobbyists for BP hosted at least 53 fundraising parties for lawmakers and candidates in recent years — four of them since the explosion and oil spill at a BP-run oil drilling rig in the Gulf of Mexico, according to a watchdog group’s analysis. Read More Here

(FloridaOilSpillAW) – Video: 50 mile oil ‘patch’ just south of Florida Keys by June 19: Forecast

Latest HYCOM-GFS oilspill forecast shows a large stretch of oil approximately 15 miles south of the Florida Keys, near Marathon and Big Pine Key by this weekend. Video Link Here

(FloridaOilSpillAW) – CNN’s Wolf Blitzer: “Billion potential barrels of oil” under BP’s ruptured well; “Thing could really explode” expert says – Read More Here

(WashingtonsBlog) – Video: BP Tells Cleanup Workers They’ll Be Fired If They Wear Respirators

We’re repeating the same catastrophe in the Gulf. You see pictures of people wearing regular clothes who are wading in and scooping oil off the water. Hundreds, maybe thousands of people, are going to get sick unnecessarily. Read More Here

(WashingtonsBlog) – Did the BP Oil Well Really Blow Out in February, Instead of April?

The Deepwater Horizon blew up on April 20th, and sank a couple of days later. BP has been criticized for failing to report on the seriousness of the blow out for several weeks.

However, as a whistleblower previously told 60 Minutes, there was an accident at the rig a month or more prior to the April 20th explosion: Read More Here

Economy

(Reuters) – Moody’s Cuts Greece Government Ratings to Junk

Moody’s on Monday downgraded Greece government bond ratings into junk territory, citing the risks in the euro zone/IMF rescue package for the debt-laden country. Read More Here

(InfoClearingHouse) – Bulging Inventory Signals Next Leg Down in Housing – Mike Whitney

Did the Federal Reserve collude with the big banks to hold millions of houses off the market until the Fed finished adding $1.25 trillion to the banks reserves? Did the Fed do this to make it appear that its bond purchasing plan (quantitative easing) was stabilizing prices when, in fact, it was the reduction in supply that stopped prices from plunging? It sure looks that way. This is from Bloomberg News: Read More Here

(HuffingtonPost) – “Dr. Death Says The U.S. Is Really, Really Sick.”

According to Roubini, for the US, the second half of 2010 will be worse than the first. US industrial capacity has fallen from 70 to 65%. Restocking depleted inventories is complete.

The United States, 25% of the global economy, can’t rein in its spending or cut debt. President George Bush inherited a surplus and went on to create the biggest deficit in US history (excepting WWII). Now, President Barack Obama is making matters worse by piling on more unsustainable debt. Read More Here

(DailyBell) – Doug Casey Revisits the Greater Depression and Explains the Realities of Investing in the 21st Century – Read More Here

(MoneyNews) – Volcker Warns: We Are Running Out Of Time

America is running out of time to fix its huge economic and fiscal problems, warns former Fed chair Paul Volcker, who now heads a financial advisory board to President Obama.

“Restoring our fiscal position . . . sorting out a reasonable approach toward limiting carbon omissions, and producing domestic energy without unacceptable environmental risks all take time,” Volcker writes in The New York Review of Books. Read More Here

(MarketWatch) – Bearish Schultz says hyperinflation may happen suddenly

Commentary: Crash-predicting letter says recovery might not come until 2028 Read More Here

(WPost) – Obama pleads for $50 billion in state, local aid

President Obama urged reluctant lawmakers Saturday to quickly approve nearly $50 billion in emergency aid to state and local governments, saying the money is needed to avoid “massive layoffs of teachers, police and firefighters” and to support the still-fragile economic recovery. Read More Here

(Bloomberg) – Economy in U.S. Slows as States Lose Federal Stimulus Funds – Read More Here

(PaulWatson) – Central Bank Hid Housing Market Crash Forecast

New revelations concerning how the Irish Central Bank hid data in a 2006 report indicating that a housing market crash was imminent underscores once again how financial elites covered-up signs of the coming economic turmoil in order to exploit the crisis at the expense of the people.

Months before the Irish housing market started to crumble in early 2007, which was followed by a wider collapse in the UK property market, the Irish Central Bank buried data from a crucial report which suggested that a 15 per cent fall in house prices was around the corner. Continue reading

America’s Imperial Design. Prompt Global Strike: World Military Superiority Without Nuclear Weapons – Rick Rozoff

(GlobalResearch) – A war can be won without being waged. Victory can be attained when an adversary knows it is vulnerable to an instantaneous and undetectable, overwhelming and devastating attack without the ability to defend itself or retaliate. Continue reading

Economy

(AFP) – World Stocks Drop as Greek Debt Default Nears

Financial markets turned on Greece again on Thursday, driving up its borrowing costs to record levels on rising doubt that the EU will provide a debt rescue, and the euro plunged further. Read More Here

(WSWS) – Unemployment in America: No Economic Recovery for the Working Class

Last Friday’s US unemployment report, which showed a net payroll gain of 162,000 jobs in March, has been seized on by the Obama administration and much of the media as confirmation of official claims that the recession is over and a recovery in the jobs market has begun. Read More Here

(AP) – Nearly half of US households escape fed income tax – Read More Here

(Reuters) – Volcker: Taxes likely to rise eventually to tame deficit – Read More Here

(Telegraph) – Sovereign debt crisis at ‘boiling point’, warns Bank for International Settlements

The Bank for International Settlements does not mince words. Sovereign debt is already starting to cross the danger threshold in the United States, Japan, Britain, and most of Western Europe, threatening to set off a bond crisis at the heart of the global economy. Read More Here

(HuffingtonPost) – Unemployment: More Than 3 Million Americans Jobless For Longer Than A Year, An All-Time High (CHARTS)

That represents 23 percent of the roughly 14.8 million Americans out of work and looking for a job — a post-World War II high. For those 3.4 million Americans, the consequences from such a long time out of work — a cost of the Great Recession — can be calamitous. Read More Here

(AFP) – Destitute and desperate, Icelanders opt for exile Read More Here

(Bloomberg) – China on ‘Treadmill to Hell’ Amid Bubble, Chanos Says (Update1)

China’s property market is a bubble that may burst by as early as this year, according to hedge fund manager James Chanos. Read More Here

(CommodityOnline) – How much gold reserves really exist in US vaults? Read More Here

(NTDTV) – Video: Japan Airlines to Cut Third of Workforce

Japan Airlines plans to reduce its workforce by a third within the fiscal year to lower labor costs by over $860 million a year. View Video Here

(C4L) – Stimulus or Stealing From Us?

The American Recovery and Reinvestment Act or “Stimulus Package,” is a bill that was passed by the U.S. Congress and later signed into law by President Obama on February 17, 2009. (Gandel 1) It is a bill that by most estimates will cost at least $787 billion dollars. The legislation was supposed to stimulate our struggling economy and promised to create between 3 and 4 million jobs in a one year period. Also included in this sweeping legislation is money to modernize roads, improve our public school systems, and lower health care costs. (Obey 1) Read More Here

(C4L) – Brace Yourself for Obamacare Taxes

Now that President Obama’s health-insurance overhaul has become law, we can brace ourselves for the new taxes. What new taxes? Aren’t they only on the “rich” and on large companies? Read More Here

Washington Post: Government May Have to Waste Millions of H1N1 Vaccines

(Business&MediaInstitute) – Last year many Americans were convinced the H1N1 virus, commonly called the swine flu, would turn into a pandemic. That’s no surprise given the fear mongering media.

News media helped make the case for the government to rush a vaccine and the government spent over a billion dollars producing those vaccinations. But now, according to the April 1, 2010 Washington Post millions of vaccines are still unused – 71.5 million vaccinations will soon expire and may even have to be thrown away. Continue reading

Health reform bill includes $250M for new abstinence-only programs

(RawStory) – Buried in the landmark health care bill passed by Democrats is $250 million over 5 years for state programs to try to convince young people to wait until marriage for sex.

Proponents of abstinence-only education are thrilled, but there is little evidence this money will be effective in fighting pregnancy or HIV. Continue reading

MSM: AT&T sees $1 billion healthcare related charge

(Reuters) – AT&T Inc (T.N) said on Friday it would record a $1 billion non-cash charge for the current quarter related to the new U.S. health care reform law, as lawmakers called on the company and three other large employers to testify about expected cost hikes. Continue reading

Economy

(HousingDoom) – Housing Is Too Big To Fix, Not Too Big To Fail

The government, believing that a correction in house prices would be catastrophic, has tried to put a floor under the housing market. It’s not working: Read More Here

(DalasNews) – Dallas-Fort Worth commercial foreclosure filings top $1 billion

Commercial property foreclosure filings in the Dallas-Fort Worth area top $1 billion for the upcoming April sales. Read More Here

(Money&Markets) – Bernanke Running Amuck

Fed Chairman Bernanke is running amuck, and for the first time since the birth of the U.S. dollar, our government is egregiously abusing its power to print money. Read More Here

(Telegraph) – Has Germany just killed the dream of a European superstate?

So after weeks of Euro-bluff it looks ever more like an IMF rescue for Greece after all, and hence for any other eurozone nation driven to ruin by the wrong monetary policy. Read More Here

MSM: Congress health care vote – a dark day for freedom in America

(Telegraph) – The passage last night of Barack Obama’s health care reform bill through the House of Representatives is yet another blow to freedom in America inflicted by the Obama administration. The legislation, which comes at a staggering cost of $940 billion, will hugely add to the already towering national debt, now at over $12 trillion. It is yet another millstone round the necks of the American people, already faced with the highest levels of unemployment in a generation. Continue reading

Video: Paul, Bernanke, Waxman and $12 Billion in Cash Squandered

(KurtNimmo) – On February 24, Rep. Ron Paul asked Fed mob boss Ben Bernanke about $12 billion in cash. Paul said “a lot of cash was passed through — and a lot of people suppose it was passed through the Federal Reserve — when there was a provisional government [in Iraq] after the 2003 invasion. That money was not appropriated by the Congress as required by law.” Continue reading

MSM: Wars sending U.S. into ruin

(TorontoSun) – U.S. President Barack Obama calls the $3.8-trillion US budget he just sent to Congress a major step in restoring America’s economic health.
In fact, it’s another potent fix given to a sick patient deeply addicted to the dangerous drug — debt. Continue reading

World War

(TimesOnline) – Blair warns that world faces decision to halt Iran’s nuclear programme

World leaders might have to go to war to stop Iran developing its weapons programme, Tony Blair suggested yesterday.Read More Here

(YNet) – EU’s Ashton says Iran ‘worrying’, UN next route

“We are worried about what’s happening in Iran. I’m disappointed at the failure of Iran to accept the dialogue and we now need to look again at what needs to happen there,” Catherine Ashton told Sky News in an interview. Read More Here

(LATimes) – China threatens sanctions over arms sale to Taiwan

Angered by a $6 billion U.S. arms sale to Taiwan, Beijing puts security exchanges with U.S. on hold and threatens sanctions against U.S. firms selling to Taipei. Read More Here

(AFP) – Libya strikes billion-dollar Russian arms deal

Libya has struck a deal to buy Russian arms worth almost two billion dollars, Russian news agencies quoted Prime Minister Vladimir Putin as saying Saturday. Read More Here

(PressTV) – Russia’s First Stealth Jet Takes Off

Russia test launched its first and very own prototype stealth jet Sukhoi T-50 Friday, in an attempt to outlast the modern U.S. F-22 Raptors. However, with its viability as a start to the world’s fifth generation of aerial arms questioned, the Sukhoi T-50 faces maiden political, and practicality issues. Read More Here

(PressTV) – US beefs up military presence off Iranian shores

In addition to imposing new sanctions on the Tehran government, the US has reportedly begun beefing up its military presence and war paraphernalia off the Iranian coast. Read More Here

(MSNBC) – U.S. speeds up arms buildup with Gulf allies

The Obama administration is quietly working with Saudi Arabia and other Persian Gulf allies to speed up arms sales and rapidly upgrade defenses for oil terminals and other key infrastructure in a bid to thwart future military attacks by Iran, according to former and current U.S. and Middle Eastern government officials. Read More Here

(Haaretz) – U.S. official: Hezbollah arms flow may signal plans for war with Israel

The U.S. is concerned that the continued flow of arms to the Hezbollah militant organization could prompt a war between Israel and Lebanon, State Department official Jeff Feltman said in remarks published Sunday by the London-based Al-Hayat daily. Read More Here

(Yahoo) – UN chief calls for treaty to prevent cyber war

The world needs a treaty to prevent cyber attacks becoming an all-out war, the head of the main UN communications and technology agency warned Saturday. Read More Here

(RawStory) – Paulson: Russia tried to exacerbate US financial crisis

Russian interests attempted to force the U.S. government bailout of Fannie Mae and Freddie Mac by selling off its holdings in the two entities in 2008, then urging China to do the same, according to former U.S. Treasury Secretary Henry Paulson. Read More Here

MSM: Libya, Russia agree $1.8 billion arms deal – Putin

(Reuters) – Libya has signed an arms deal with Russia worth 1.3 billion euros ($1.8 billion), Russian Prime Minister Vladimir Putin was quoted as saying on Saturday. Continue reading

Congratulations! You’re donating $2,000 per family to Wall Street’s Bonuses

(AlterNet) – President Obama won’t tell us in his State of the Union address. The deficit hawks won’t crow about it. Don’t expect the Tea Party or Rush and Beck to highlight our generosity either. But the sad fact is this: During the worst year since the Great Depression, with 30 million people out of work or forced into part-time jobs, Wall Street is awarding itself $150 billion in bonus money…..and it comes from us! Continue reading

MSM: Obama wants to freeze discretionary spending for 3 years

“We are at war, and we’re going to make sure our troops are funded adequately,” one of the senior officials said.
(CNN) – President Obama will announce in Wednesday’s State of the Union address that he’s proposing to save $250 billion by freezing all nonsecurity federal discretionary spending for three years, according to two senior administration officials. Continue reading

Happiness in Slavery

Don’t open your eyes
You won’t like what you see
The blind have been blessed with security
Don’t open your eyes
Take it from me
I have found you can find
Happiness in slavery

Nine Inch Nails-Happiness in Slavery

Think you’re free? Think again, slave!

This week the Federal government will attempt to auction off 118 billion dollars in U.S. debt to anyone who thinks the U.S. dollar is a great place to be.   Of course if you ask liars like Fed Chief Ben Bernanke or his young sidekick “tiny” Tim Geithner, they will most certainly assure you that the dollar is strong and that the U.S economy is on a miraculous rebound. But this is fiction. Continue reading

MSM: Wall Street giants pay staff $100bn

(TimesOnline) – Four of Wall Street’s biggest banks will this week reveal plans to pay their staff a total of close to $100 billion (£62 billion), reigniting the row over bankers’ bonuses. Continue reading

MSM: Obama wants record $708 billion for wars next year

(AP) – President Barack Obama will ask Congress for an additional $33 billion to fight unpopular wars in Afghanistan and Iraq on top of a record $708 billion for the Defense Department next year, The Associated Press has learned – a request that could be an especially hard sell to some of the administration’s Democratic allies. Continue reading

MSM: Geithner Extends $700 Billion Bank-Bailout Program

(Bloomberg) – The Obama administration extended the $700 billion financial-rescue program until October, arguing that the U.S. must hold on to the money in case of new financial shocks. Continue reading

Obama administration predicts $30B loss on auto bailout

(DetroitNews) – The Obama administration will tell Congress Wednesday that it expects to lose about $30 billion of the $82 billion government bailout of the auto industry. Continue reading

Dubai Debt Sends Panic: A Dangerous New Phase In The Global Economic Crisis

(PakAlert) – Fears of a dangerous new phase in the economic crisis swept around the globe yesterday as traders responded to the shock announcement that a debt-laden Dubai state corporation was unable to meet its interest bill. Continue reading

Iran gains $5 bn by shifting from US dollar

(PressTV) – The head of Iran’s Central Bank says the country has gained 5 billion dollars by excluding the US dollar from its currency basket and replacing it with the euro. Continue reading

Hungering for a True Thanksgiving – Amy Goodman

“In the next 60 seconds, 10 children will die of hunger,” says a United Nations World Food Programme (WFP) online video. It continues, “For the first time in humanity, over 1 billion people are chronically hungry.”
The WFP launched the Billion for a Billion campaign this week, urging the 1 billion people who use the Internet to help the billion who are hungry. But if you think that hunger is far from our shores, here is some food for thought … and action: The U.S. Department of Agriculture released a report Monday stating that in 2008 one in six households in the U.S. was “food insecure,” the highest number since the figures were first gathered in 1995. Continue reading

UN sounds alarm over record world hunger level

(EuroNews) – The number of people in hunger in the world has topped one billion for the first time and global food production is failng to meet demand. That is the grim message of a UN food summit starting in Rome today. Continue reading

10% Unemployment Shows Objective Failure of Obama Stimulus

Last week the Obama administration issued a report purporting to show that the President’s $787 billion economic stimulus plan had saved or created exactly 640,329 jobs. Such a precise number for such a fuzzy concept as jobs “saved or created” immediately raised doubts about the veracity of the report in any honest American’s mind. Continue reading

Video: Here Comes Stimulus 2.0

In this Bloomberg clip, commerce secretary Gary Locke says that “if there is to be another stimulus — and that’s being hotly discussed and very seriously considered within the administration as well as members of Congress – it needs to be very targeted, very specific and we need to be very mindful of the deficit as well. Continue reading

The Threat of Mandatory Vaccinations

(C4L) – “The H1N1 “swine” flu is an extraordinarily deadly virus. You need to get the vaccine or you could suffer the consequences. So-and-so has died in your neighborhood. Do you want to be next?
The above statements are typical of the lines that have been fed to the people of the world from the controlled media. In fact, the drum beat has been so deafening that you would think that people were dropping like flies. Continue reading

Financial Machinations: The Global Debt Crisis is Destroying the Economic Structure

Last week the Dow added 1.3%, the S&P 1.5%, the Russell 2000, 0.2% and the Nasdaq 100, 0.7%. Cyclicals rose 2.6%; transports 3.8%; consumers 1.7%; utilities 1.3%, as banks fell 0.3% and broker/dealers fell 0.6%. High tech fell 0.2% semis 1.1%; bitoechs 1.9% and Internets rose 0.2%. Gold bullion rose $3.00 and the HUI was unchanged, but up 47.5% on the year. The USDX, the dollar index fell 1.1% to 75.62. Continue reading

Expensive Afghanistan: Million Dollar Soldiers and $400 for a Gallon of Gas

Taxpayers Pour Money Into a Black Hole to Subsidize Oil & Dope Industries Continue reading

Video: WellPoint sued an ENTIRE STATE to increase profits

Netting $2.5 billion in profits last year wasn’t enough for WellPoint, the nation’s largest insurance company. Now, WellPoint’s affiliate, Anthem Blue Cross and Blue Shield, is suing the state of Maine for refusing to guarantee it a profit margin in the midst of a painful recession. Continue reading

UN report finds 1 billion hungry as worldwide food emergency grows

Parents in some of Africa’s poorest countries are cutting back on school, clothes and basic medical care just to give their children a meal once a day, experts say. Still, it is not enough. Continue reading

MSM: Goldman Sachs’ Black Magic, Here’s How They Did It

(HuffingtonPost) – How did Goldman, Sachs & Co. — saved a year ago by the US taxpayer — magically make $3 billion in 3 months a year later?
This as the US dollar collapses, unemployment soars and foreclosures hit a record? Continue reading

MSM: £14billion: That’s the record amount Goldman Sachs staff will get in pay and bonuses

(DailyMail) – City bank Goldman Sachs is expected to confirm tomorrow that bonuses will smash all records in 2009, just a year after the Government rescued the financial system from oblivion. Continue reading

MSM: Dollar Reaches Breaking Point as Banks Shift Reserves

(Bloomberg) – Central banks flush with record reserves are increasingly snubbing dollars in favor of euros and yen, further pressuring the greenback after its biggest two- quarter rout in almost two decades. Continue reading