City receives citation for not fluoridating water

(RegisterPajaronian) – The City of Watsonville has been cited by the California Department of Public Health for failure to comply with an order by the state to fluoridate the water supply.

The citation was received by the city Thursday and demands written assurance from the city by Aug. 29 that it will comply, and plan and schedule for fluoridation submitted by Sept. 19.

City Attorney Al Smith said the citation appeared “out of the clear blue.”

“We have been in communication with the Department of Health Services,” he said. “I was surprised … but it is what it is.” Read entire article

Video: Food police target organic foods in California!

(RussiaToday) – Police raided the Rawsome Foods organic grocery store with guns drawn in search of “raw-foods”. George Hemminger (George4Title) said the battle over organic foods is heating up because large agricultural businesses and corporations feel threatened by local co-ops and have hijacked the FDA and other government regulatory agencies. Continue reading

Video: Arnold Shwarzenegger arrives at the Bohemian Grove. July 30, 2010

(NorCalTruth) – Ca. Governor Arnold Shwarzenegger came to the Bohemian Grove on July 30, 2010 to deliver a mysterious “lakeside talk.”

Mysterious only because the title of the lakeside talk was “to be announced.” Continue reading

MSM: One in five Californians say they need mental health care

(LATimes) – Almost 5 million California adults say they could use help with a mental or emotional problem, according to a survey released Wednesday by researchers at UCLA. About 1 million of them meet the criteria for “serious psychological distress.”

However, only one in three people who perceive a need for mental health services or are in serious distress have seen a professional for treatment, the survey found. Read More Here

Raids are increasing on farms and private food-supply clubs – here are 5 tips for surviving one

(Grist) – When the 20 agents arrived bearing a search warrant at her Ventura County farmhouse door at 7 a.m. on a Wednesday a couple weeks back, Sharon Palmer didn’t know what to say. This was the third time she was being raided in 18 months, and she had thought she was on her way to resolving the problem over labeling of her goat cheese that prompted the other two raids. (In addition to producing goat’s milk, she raises cattle, pigs, and chickens, and makes the meat available via a CSA.)

But her 12-year-old daughter, Jasmine, wasn’t the least bit tongue-tied. “She started back-talking to them,” recalls Palmer. “She said, ‘If you take my computer again, I can’t do my homework.’ This would be the third computer we will have lost. I still haven’t gotten the computers back that they took in the previous two raids.” Continue reading

Will Thousands Of Police Layoffs Unleash Chaos And Anarchy Across America?

(EconomicCollapse) – Thousands of police officers have been laid off all across America since the current economic crisis began.  Thousands more are getting ready to be laid off.  So could we be on the verge of a new era of chaos and anarchy in America as crime runs wild and there are just far too few police to respond to it all?  That is the message that one blood-smeared billboard in Stockton, California is trying to get across.  Paid for by the Stockton, California police union, the message of the billboard is chillingly clear: “Welcome to the 2nd most dangerous city in California. Stop laying off cops.”  As state, city and local governments across the United States continue to be devastated by the ongoing economic crisis, budget cuts are becoming much deeper and police forces have suddenly become a very popular target. Continue reading

Cops May No Longer Respond to Crime in Oakland, California

(KurtNimmo) – Forget about police assistance in Oakland, California.

“Oakland’s police chief is making some dire claims about what his force will and will not respond to if layoffs go as planned,” reports NBC Bay Area. “Chief Anthony Batts listed exactly 44 situations that his officers will no longer respond to and they include grand theft, burglary, car wrecks, identity theft and vandalism. He says if you live and Oakland and one of the above happens to you, you need to let police know on-line.”

In other words, if you live in the Bay area, you need to have a gun and plenty of ammunition. Because the cops just said they will no longer respond if criminals kick down your door. The bad guys no longer have anything to worry about. Continue reading

Economy

(Independent) – How Goldman gambled on starvation

By now, you probably think your opinion of Goldman Sachs and its swarm of Wall Street allies has rock-bottomed at raw loathing. You’re wrong. There’s more. It turns out that the most destructive of all their recent acts has barely been discussed at all. Read More Here

(Telegraph) – Britain facing £5.5 billion EU sanction

Britain could face sanctions costing the taxpayer £5.5 billion if it fails to meet spending targets set by a new EU “economic government”, under European Commission proposals. Read More Here

(PressTV) – ‘Corporates may cause rise in hunger’

Economic moves by major investment firms like Goldman Sachs, Merrill Lynch, and Deutsche Bank may cause a rise in hunger, according to a leading economist.

Professor Jayati Ghosh of the Centre for Economic Studies in New Delhi made the remarks on the sidelines of the G20 summit in Toronto last week, The Independent reported on Friday. Read More Here

(NYTimes) – Robert Prechters Market Forecast Says “Take Cover”

A proponent of the Elliott Wave theory for market forecasting sees trouble ahead: a slide worse than the Great Depression or the Panic of 1873. Read More Here

(Telegraph) – The latest threat to the global recovery: state capitalism

Stated in one bald paragraph it sounds a little apocalyptic. But Ian Bremmer, the highly respected author who is president of the Eurasia Group in the United States, makes a compelling case. The financial crisis has left Western capitalism nervous and risk averse, constantly under attack from a body politic keen to take advantage of public anger over the events of 2007 and 2008. Issues like the control of the banking system, remuneration and the failure of so much of the financial sector, whether Northern Rock, Lehman Brothers, AIG or Royal Bank of Scotland, has created a fundamental crisis in confidence. Read More Here

(StopCartel) – Economic, Crisis, Greek Theater, Our Drama – Read More Here

(FinanceMyMoney) – California budget nightmare – in 1970 California took in 28 percent of state revenues from personal income taxes. Today, the state pulls in 52 percent from personal income taxes. Massive shift to service oriented state – Read More Here

(PressTV) – UK mulling food vouchers distribution

The unemployed whose benefits have been cut off by government will receive food vouchers by charities supported by the government to make up for the cuts in welfare spending. Read More Here

(PressTV) – ‘US facing Soviet-like disintegration’

A senior Iranian lawmaker, Alaeddin Boroujerdi, has warned the US of imminent collapse, saying its approaches bring to mind soviet policies before disintegration.
“America’s conduct toward the world bears great resemblance to that of the Soviet Union before its disintegration,” Fars News Agency quoted the head of the Parliament’s National Security and Foreign Policy Commission as saying on Friday. Read More Here

(NYTimes) – In Ireland, a Picture of the High Cost of Austerity

As Europe’s major economies focus on belt-tightening, they are following the path of Ireland. But the once thriving nation is struggling, with no sign of a rapid turnaround in sight. Read More Here

(WSWS) – Sri Lankan budget imposes IMF austerity demands – Read More Here

(InternationalForecaster) – The U.S. Economy is Falling. Towards another Credit Collapse?

The housing market is in serious freefall with builders scheduled to increase units by 535,000 this year. As sales fall so will big bank balance sheets. That means we are facing another credit collapse. Read More Here

Video: Enough is Enough

(YahooFinance) – Video: U.S. Economy “Is a Complete Disaster”

The U.S. economy is in shambles and Americans will continue to see high unemployment and lower living standards in the years to come, Howard Davidowitz tells Henry and Aaron in the accompanying clip. – Continue reading

Health News

(BMJ) – Video: WHO and the Pandemic Flu “Conspiracies” – Deborah Cohen and Philip Carter

Key scientists advising the World Health Organization on planning for an influenza pandemic had done paid work for pharmaceutical firms that stood to gain from the guidance they were preparing. These conflicts of interest have never been publicly disclosed by WHO, and WHO has dismissed inquiries into its handling of the A/H1N1 pandemic as “conspiracy theories.” Deborah Cohenand and Philip Carter investigate – View More Here

(ABC) – Kids Think Food Tastes Better From Cartooned Packages

Study Finds Junk-Food Marketing Changes the Tastes of Kids as Young as Age 4 Read More Here

(NYTimes) – Dispute Over Pesticide for California Strawberries Has Implications Beyond State

In a report and in public testimony Thursday before the State Senate Food and Agriculture Committee, members of the review committee said the state’s decision to approve the new pesticide, methyl iodide, was made using inadequate, flawed and improperly conducted scientific research. Read More Here

(WPost) – After more than 30 years, FDA has yet to issue final regulations for sunscreens – Read More Here

(NYDaily) – 85 per cent of childrens’ drinks contain lead exceeding federal limits for young kids

Both organic and conventional juices were among the lead-tainted products, according to the Environmental Law Foundation, a Bay Area-based environmental nonprofit that used a U.S. Environmental Protection Agency certified lab to test 400 samples of 150 products marketed to kids. Read More Here

(Canada) – Arctic bird poop loaded with environmental poisons, biologists say

The seabirds’ cocktail is not a particularly healthy mix for the birds or the land they nest on, a team of biologists from the Canadian Wildlife Service and Queen’s University in Kingston, Ont., determined.

That’s because, in addition to pesticides, the seabirds are loaded with heavy metals such as cadmium and lead, which they pick up from the foods they eat. Read More Here

(NaturalNews) – WHO to tax your internet usage to fund vaccines in third-world countries – Mike Adams

Yes, you read that right – WHO wants every person in the world to help pay for drugs that make Big Pharma even richer. Read More Here

(June 23) – Video: Medical Report – Fluoride Blinded, Crippled Indian Children – Alex Jones Tv

Growing awareness of mass medication of public with deadly neurotoxin leads to establishment backlash Continue reading

Video: We Are Change San Jose Document Cop Armored Vehicle

(WAC) – Cops in Campbell, California, tool around the streets late at night in a military-style armored vehicle. One wonders if the cops were on a joy ride or if they were on their way to bust some pot smokers and kill their dogs. Or maybe they were engaged in an operation to get late nighters accustomed to the idea that the police are now little different than a military occupation army. Continue reading

Health News

(BMJ) – Video: Conflicts of Interest – WHO and the pandemic flu “conspiracies”

Key scientists advising the World Health Organization on planning for an influenza pandemic had done paid work for pharmaceutical firms that stood to gain from the guidance they were preparing. These conflicts of interest have never been publicly disclosed by WHO, and WHO has dismissed inquiries into its handling of the A/H1N1 pandemic as “conspiracy theories.” Deborah Cohen and Philip Carter investigate Video Link Here

(Telegraph) – California to ban plastic bags

California is to become the first US state to ban plastic bags in supermarkets in a move Governor Arnold Schwarzenegger called a “great victory for the environ Read More Here

(ABCNews) – More Teens May Be Getting High off Prescription Drugs

One high school student in five has taken a prescription drug without a doctor’s order, according to a nationwide survey. Read More Here

(NaturalNews) – WHO scandal exposed: Advisors received kickbacks from H1N1 vaccine manufacturers – Mike Adams

A stunning new report reveals that top scientists who convinced the World Health Organization (WHO) to declare H1N1 a global pandemic held close financial ties to the drug companies that profited from the sale of those vaccines. This report, published in the British Medical Journal, exposes the hidden ties that drove WHO to declare a pandemic, resulting in billions of dollars in profits for vaccine manufacturers. Read More Here

(TheNation) – The Secret History of Lead

The next time you pull the family barge in for a fill-up, check it out: The gas pumps read “Unleaded.” You might reasonably suppose this is because naturally occurring lead has been thoughtfully removed from the gasoline. But you would be wrong. There is no lead in gasoline unless somebody puts it there. And, a little more than seventy-five years ago, some of America’s leading corporations–General Motors, Du Pont and Standard Oil of New Jersey (known nowadays as Exxon)–were that somebody. They got together and put lead, a known poison, into gasoline, for profit. Read More Here

Climategate

(WSJ) – Where Has the Magic Gone?

The New York Times plaintively ponders global warmism’s loss of credibility. Read More Here

(Telegraph) – Why Man-Made Global Warming is a load of cobblers; Pt 1 – James Delingpole

Just been reading Climate: The Counter Consensus (Stacey International) the new book by Bob Carter – that’s New Zealand’s Professor Robert M Carter to you, mate: he’s one of the world’s leading palaeoclimatologists – and it’s a cracker. By the end, you’re left feeling rather as I did after the Heartland Conference, that the scientific case against AGW is so overwhelming that you wonder how anyone can still speak up for so discredited a theory without dying of embarrassment. Read More here

(LRCBlog) – More on the ‘Climate Change’ Racket

According to the London Evening Standard, America’s favorite English Lapdog, Tony Blair, will receive 700,000 Pounds per year to be a “strategic adviser” to a California company seeking to “profit from technology that helps reduce global warming and carbon emissions.” Tony is quoted as saying: “Solving the climate crisis is more than just a political agenda item; it’s an urgent priority that requires innovation, creativity and ambition.” It is also a priority to Blair’s reported need for an income of 5,000,000 Pounds per year to maintain his lifestyle! – Source: LRC Blog

(ConsFocus) – Global Warming Update: NASA Accused of ‘Climategate’ Stalling

The man battling NASA for access to potential “Climategate” e-mails says the agency is still withholding documents and that NASA may be trying to stall long enough to avoid hurting an upcoming Senate debate on global warming. Read More Here

(C3Headlines) – Will Elites Ever Stop Pushing Global Warming Hype? Nope, The Desire To Enrich Themselves Is Too Great – Read More Here

Video: California Water Crisis – Part I – California Delta

A well-informed patriot discusses the California water crisis in the San Joaquin Valley at the Atascadero Tea Party, which was held on “tax day,” April 15, 2010.

Also featured in the video, are Congressman Devin Nunes, R-CA21 — who has been fighting to restore water to the farms in his district — and Congressman Tom McClintock R-CA4, who has been assisting in that fight in his capacity as a member of the House Water and Power subcommittee. Continue reading

Economy

(CNBC) – Video: Nouriel Roubini – Double Dip Recession – Video Link Here

BREAKING (TheFightOfYourLife) – Bob Chapman flashed a high priority Intel report today 05/22/10 at 1700EDT

According to high placed sources withing the Federal Reserve they will take the economy down and force all but 4 banks out of existence no later that December 31, 2010 and possibly by mid November. Read More Here

(CSPAN2) – Video: The US Government Is In Dire Physical Condition! – Senator McConnell

(NYTimes) – Cuts to Child Care Subsidy Thwart More Job Seekers – Read More Here

(FoxBusiness) – The Next Bailout: $165B for Unions

Taxpayers could be on the hook for another $165 billion if a bill to bail out private union pension funds makes it through Congress. Read More Here

(CaseyResearch) – Fact vs. Fiction on Today’s Economy

There is a lot of “noise” being tossed out by the politicos and their preferred pundits about how the U.S. economy is on the mend. Thus it is important to try and separate fact from fiction about where things really stand.
FICTION: Though sporadic, the U.S. economy will continue to improve.
FACT: The U.S. is headed for a currency crisis.
Read More Here

(Bloomberg) – Speculators Grab Gold Faster Than Mines Can Produce It

Speculators are buying gold faster than the world’s biggest producers can mine it as analysts forecast a 27 percent rally that may extend the longest run of annual gains since at least 1920. Read More Here

(Express) – Gordon Brown ‘first choice’ for top job at IMF – Read More Here

(MyBudget360) – America’s wealthiest 25 percent of households own 87 percent of all U.S. wealth. How the middle class face growing income inequality in the new era of the psychopath corporatocracy Read More Here

(MarketWatch) – Bank of Spain seizes control of savings bank CajaSur – Read More Here

(IrishTimes) – Burden of Irish debt could yet eclipse that of Greece

It is no longer a question of whether Ireland will go bust, but when. Unlike Greece, our woes do not stem from government debt, but instead from the government’s open-ended guarantee to cover the losses of the banking system out of its citizens’ wallets. Read More Here

(InternForecaster) – Dysfunctional Markets That Change Every Hour – Bob Chapman

Keeping up with today’s dysfunctional markets is very difficult because they change hour by hour. The problems of Europe have stolen center stage from US problems. The focus is on Europe, but we all should remember trillions of dollars have been injected into the US financial system since mid-2007. Read More Here

(WashingtonPost) – One false move in Europe could set off global chain reaction

If the trouble starts — and it remains an “if” — the trigger may well be obscure to the concerns of most Americans: a missed budget projection by the Spanish government, the failure of Greece to hit a deficit-reduction target, a drop in Ireland’s economic output. Read More Here

(BusinessInsider) – Louisiana Realtor: Oil Is Having “Horrible, Just Horrific” Effect On Sales

Carolyn Angelette said around 100 clients have canceled summer rentals in Grand Isle, LA. Other clients have postponed plans to buy a home until they see the full extent of oil damage. At this rate, she warns, her Century 21 office will go out of business. Read More Here

Video: California is planning to bankrupt itself

Jim Puplava talks about insane law proposals in California recorded on May 22nd 2010

(GlobalResearch) – The Banks Call the Shots on Financial Reform: The Sovereign Debt Crisis is Sweeping the World with another Credit Crunch – Danny Schechter – Read More Here

(GlobalResearch) – A “Fix” to the Economic Recession: Undermine the Rights of Public Sector Workers – Shamus Cooke

In the state of Oregon, the most widely distributed paper, the Oregonian, announced on its front page that the state should expect “Ten Years of Pain.” The perpetrator: the budget crisis — $2.5 billion in the coming two-year budget cycle, with $2 billion projected deficits until 2019. Sadly, these depressing numbers assume that the economy will recover, a belief lacking any credible evidence.

How to fix Oregon’s woes? The Oregonian answers: Read More Here

(InfoClearingHouse) – Merkel’s Savage Blitz through Euroland – Mike Whitney

Angela Merkel has let a minor brush-fire on the periphery turn into a raging inferno that’s sweeping across the continent. Absent Berlin’s fumbling diplomatic effort and its ferocious attachment to Hooverian economics, the Greek matter would have been over by now. Instead, the fire continues to burn while the German Chancellor pushes the eurozone closer and closer to the cliff. And what for; to prove that prodigal spending by the member states (Greece) mustn’t go unpunished? Is that what this is all about? Is Merkel really willing to break up the EU just to prove her point and to accommodate her towering sense of self righteousness? Read More Here

(TruthDig) – The Greeks Get It – Chris Hedges

Here’s to the Greeks. They know what to do when corporations pillage and loot their country. They know what to do when Goldman Sachs and international bankers collude with their power elite to falsify economic data and then make billions betting that the Greek economy will collapse. Read More Here

(CSPAN) – Video: Why should taxpayers be on the hook? – Ron Paul

On Thursday, Congressman Paul spoke at the House Financial Services subcommittee hearing on The Role of the International Monetary Fund and Federal Reserve in Stabilizing Europe.

He also questioned Federal Reserve Board of Governors member Daniel Tarullo and observed how continual bailouts help the big banks and the well-connected at the expense of the taxpayer. Continue reading

Economy

(TheStar) – European debt fears batter TSX

Fears that the effects of a government debt crisis could push Europe into a severe economic downturn sent the Toronto stock market tumbling Monday. Read More Here

(ComedyCentral) – Video: The Daily Show with John Stewart on Hoarders – Video Link Here

U.S. Debt Clock – View Clock Here

(ChartingStocks) – Why Gold And The Dollar Are BOTH Rising

An unusual dynamic has taken shape over the last few months – Both the US Dollar and Gold have been rising together. Normally, such a movement would seem counter intuitive as Gold is a commodity and commodities tend to move in the opposite direction of the US dollar. Read More Here

(FT) – Financial Crises Getting Worse Worldwide

The pace and severity of financial crises has taken an ominous turn for the worse. Over the past 30 years, a crisis has occurred, on average, every three years. Yet, now, only 18 months after the meltdown of late 2008, Europe’s sovereign debt crisis has hit with full force. With one crisis seemingly begetting another, and the fuse between crises now getting shorter and shorter, the world economy is on a very treacherous course. Read More Here

(Reuters) – Sears and Kmart to offer cash-for-gold service

Sears Holdings Corp (SHLD.O), which expanded its layaway program to help cash-strapped consumers pay for purchases during the recession, is now helping its customers exchange their jewelry for cash as gold prices soar. Read More Here

(Bloomberg) – `There’s No Money Left,’ U.K. Minister Learns From Predecessor

Arriving for work at the U.K. Treasury last week, the incoming chief secretary, David Laws, found a note from his predecessor, Liam Byrne, offering advice on the job.
“Dear Chief Secretary, I’m afraid to tell you there’s no money left,” Laws cited it as saying. Read More Here

Implode-O-Meter: Vicious Cycle – View Meter Here

(Bloomberg) – ‘There’s No Money Left,’ U.K. Minister Learns

Arriving for work at the U.K. Treasury last week, the incoming chief secretary, David Laws, found a note from his predecessor, Liam Byrne, offering advice on the job.

“Dear Chief Secretary, I’m afraid to tell you there’s no money left,” Laws cited it as saying.

“Which was honest,” Laws, whose position is the No. 2 in the Treasury after the chancellor of the exchequer, told a press conference in London today. “But slightly less than I was expecting.”

The note underscores the task facing Britain’s Conservative-Liberal Democrat coalition as it seeks to reconcile demand for improved health and education services with promises to reduce the largest budget deficit since World War II. Read More Here

(May 16) – Video: Alex Breaks Down “Death of The Middle Class” on Alex Jones Tv Sunday Editon

Alex breaks down the international banking cartels continued plunder of the middle class here in america and how far they will go. – Part 1 Here Part 2 Here

(TimesOnline) – Germans lose faith in EU

The multi-billion-euro payout for Greece, followed by an even more expensive rescue package for the threatened single currency, has created the greatest political climate change in a generation. Read More Here

(Bloomberg) – Stocks, Euro Plunge on Concern Austerity Plans to Curb Recovery

Asian stocks fell the most in almost six months, led by the Shanghai Composite Index’s 5 percent plunge, the euro dropped to its lowest against the dollar since 2006 and the cost of insuring bonds from default jumped on concern European austerity measures will derail the recovery. Read More Here

(PaulWatson) – Financial Terrorists Want Global Currency, Global Central Bank

During a recent speech at a conference of elitists in Zurich Switzerland, IMF chief Dominique Strauss-Kahn called for the introduction of a global currency backed by a global central bank which would act as the “lender of last resort” in the event of a severe economic crisis, which would represent another lurch towards fascist centralization of power by financial terrorists busy exploiting the fiscal chaos they created in order to impose world government.

Stating that “crisis is an opportunity,” Strauss-Kahn said that globalists should exploit the financial chaos plaguing the world in order to push for “a new global currency issued by a global central bank”. Read More Here

(BusinessInsider) – Germans Fantasize About New Rich-Nation Currency Bloc That Doesn’t Even Include France

Tonight’s must-read comes from Ambrose-Evans Pritchard at The Telegraph who offers some clear views on why the EU’s big shock & awe rescue plan is not having its desired result — why it hasn’t fully instilled confidence. Read More Here

(EconomicCollapseBlog) – The Extreme Frustration Of Unemployed Americans

When Barack Obama visited Buffalo recently, he was greeted by a billboard advertisement with a very pointed message about unemployment. In just a few words it summarized the frustrations of an entire region. The billboard along I-190 had this very simple message for Obama: ”Dear Mr. President, I need a freakin job. Period. Sincerely, inafj.org.” As word about this billboard got out, it quickly made headlines all over the United States. Why? Well, the truth is that millions of hard working Americans are extremely frustrated about their lack of work right now. When you don’t have a job and you can’t provide for your family, very little else seems to matter. In fact, according to a recent Gallup poll, unemployment is now the second most important issue to American voters. The number one issue is the economy. Read More Here

(AFP) – Euro rescue package ‘just buys time’: Merkel

A trillion-dollar package to shore up ailing eurozone economies merely buys time until the deficits of certain members of the 16-member zone are cleaned up, German Chancellor Angela Merkel said Sunday. Read More Here

(SilverBearCafe) – Rigging the Markets – How They Do It

While the rest of the financial world struggles, it might seem strange that four of the largest US banks have made record profits this past quarter – and not just on average, but every single trading day. Too good to be true? Indeed. Read More Here

(HuffingtonPost) – Detroit’s Unemployment Rate Is Nearly 50%, According to the Detroit News

As many have noted, the Bureau of Labor Statistics, which culls federal unemployment data, does not account for all of the jobless in its widely-quoted national unemployment figures. Among those omitted: part-time workers who are looking for full-time jobs and frustrated job seekers who abandon their job search altogether. Read More Here

(BeverlyHillsCourier) – Flood Of Calif. Businesses Abandon State

Numerous California businesses are packing up their bags and trading in the blue skies and hot weather to head east.

The Courier obtained a copy of the businesses leaving California this year. They are: Read More Here

(SKOptionsTrading) – Where next for Gold?

So far in 2010, all eyes in the gold market have been looking up at $1225 wondering whether gold get back to that all time high? Now that question has been answered yet another arises, where next for gold? Read More Here

(SteveWatson) – Video: Ron Paul – Those Who Voted Against Audit The Fed Will Pay The Price

Texas Congressman Ron Paul appeared on CNBC’s Squawk Box earlier today to discuss the financial crisis and his ongoing effort to audit the Federal Reserve.

Paul, speaking publicly for the first time since the Senate passed a watered down version of his HR1207 amendment to fully audit the Fed, said that those who had essentially voted for more Fed power would see repercussions. Continue reading

Economy

(InfoClearingHouse) – Finance 101: Blame the Poor (While Taking Their Money) – Read More Here

Video: Daniel Cohn-Bendit (english subtitles) about Greece’s financial woes

Euro deputy Daniel Cohn-Bendit (Greens/EFA) challenges the European Commission and Parliament about their stance on financial support for Greece. Read More Here

(BusinessInsider) – Why The UK Is The Next European Country To Experience A Massive Debt Crisis – Read More Here

(Bloomberg) – Video: Jim Rogers – Gold has HUGE potential! – Video Link Here

(DrHousingBubble) – Housing never really improved – 10 charts showing the United States housing market is entering the second wave of problems. 1 out of 4 people with no mortgage payment in the last year are still not in the foreclosure process – Read More Here

(FinancialTimes) – Portugal to unveil ‘crisis tax’ to cut deficit

José Sócrates, Portugal’s prime minister, will announce tough new austerity measures on Thursday, including a “crisis tax” on companies and wages, to accelerate cuts in the country’s gaping budget deficit. Read More Here

(PaulWatson) – CEO Predicts Market Armageddon: Dow To 5,000

Cornerstone Wealth Management CEO David Hefty agrees with a growing number of other financial experts that a real estate collapse in China before the end of the year will send shockwaves through the global economy, leading to a stock market collapse which will send the Dow into free fall below the 5,000 level. Read More Here

(RussiaToday) – Video: Gerald Celente – “we are going to see more and more violence” Greek Crisis

Amid a financial bailout in Europe, it is the banks that are doing the robbing, says trend forecaster Gerald Celente. He believes the ensuing protests are well-deserved and will not stop. Video Link Here

(PeterSantilli) – You Are Being Lied To By The Entire Financial System

Almost every US Corporation will do and say anything to keep us spending money, regardless of what they know about the fragility of our entire financial system. Bankster’s are now using world governments as patsies to commit the largest heist in world history. Stealing a trillion dollars from US citizens proved to be too difficult, as they had to receive congressional approval to bail themselves out. They’re recent scam involves using central banks to bypass democracy & funnel money to offshore entities without oversight. Read More Here

(BusinessInsider) – Video: Raw Footage Of Violent Bailout Protests In Ireland

It’s not just Greece. Via The Daily Bail, here’s what the Irish street looks like, as protesters attempt to storm parliament in protest of bank bailouts. Video Link Here

(InternationalForecaster) – Europe and America Morally and Financially Bankrupt – Bob Chapman

Greece has its immediate financing. Now the question is can they follow the prescription? In all likelihood the answer is no. the bond markets are reflecting that via a lack of confidence. In fact, some bond markets are falling apart and there is no end in sight. We have bond rating firms lowering ratings, as the rating services themselves are under serious fire and we do not believe they will be around long. The big question is why did it take two years and 10 months to react? Read More Here

(ZeroHedge) – First Gold, Now Europe Running Out Of Silver – Tyler Durden

Earlier we noted that the Austrian mint was on its way to depleting its gold reserves following “panicked buying” from Europeans, who now openly fear the demise of their currency. Now, courtesy of Slim Beleggen, we understand that the situation in the silver market is just as bad and has also spilled over to Germany: the contagion is no longer one of sovereign debt, but of precious metal physical inventory. Read More Here

(PaulWatson) – Gold Could Explode To $3,000 As Confidence In Currencies Collapses

Financial analyst David Rosenberg says gold could explode to $3,000 an ounce as European investors dump the ailing euro in exchange for the precious metal while JP Morgan states that bullion could face unlimited demand as panic buying ensues on the back of crumbling confidence in fiat currencies. Read More Here

(FoxBusiness) – Video: Peter Schiff – Buy Gold – Video Link Here

(RussiaToday) – Video: Gerald Celente – Banks robbing the people – Video Link Here

(Bloomberg) – Video: Is Portugal the next Greece? – Video Link Here

(WashingtonsBlog) – California Is More Likely to Default than Iceland or Iraq

The Federal Reserve isn’t the only one who owns credit default swaps betting that California will default.

As Ed Harrison points out, credit default traders have now ranked California in the list of top 10 governments most likely to default, with a 20% default probability: Read More Here

(WSJ) – Gulf Oil Spill Is Spoiling Tourism

A survey conducted by the Knowland Group May 3 and 4 of 50 hotel properties along the Gulf Coast found that 35% of respondents say the oil spill has prompted potential guests to cancel their reservations. Read More Here

(BusinessInsider) – The U.S. Government Is About To Get Hit With ‘The Perfect Storm’ Of Debt – Read More Here

(Examiner) – Economist Tim Madden: The PIIGS Brief: understanding how oligarchs rig, loot our economies. 3 of 4

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. Read More Here

(IceNews) – Yet another day of Iceland banking arrests

Ingolfur Helgason, the former Director of Kaupthing Iceland, and Steingrimur Karason, former CEO of the bank’s risk management department, were both arrested today upon arriving back in Iceland. They went straight to interrogation with the Special Prosecutor and are being held in police cells. Read More Here

Lots Of Layoffs As The Depression Worsens

Ciena Corporation – 140 International Jobs
Jordan School District Utah – 190
Apria Healthcare – 29
City of Garfield NJ – Considering 20 Job Cuts
The city of Lewiston Maine – 22 Positions
Takeda Pharmaceutical Chicago – 500
Diageo Plc, – Job Cuts Coming Soon
Auburn University AL – 12 Custodian Workers
Update: Charlotte-Mecklenburg Schools – 500 Layoff Notices
Long Beach School District – 243
Oceanside Unified School District – Finalize 61 Layoffs
The Mt. Diablo school CA – 200
Peterborough Regional Health ( International ) – 20 Management
Ranch Market – 200
NY Health and Hospitals Corporation – 500
Viz Media – 60
Los Angeles CA – 1,700 Layoffs Needed to Close Budget Gap
Milford Hospital Connecticut – Layoffs are planned
AM General Mishawaka plant – 50
The City of Xenia Ohio – 9
Chevron Corporation – 925
Barnegat Township Schools NJ – 25 More
General Dynamics/NASSCO – 900 San Diego Layoffs Possible
Madison Heights MI – up to 48 Possible
Rocklin Unified School District CA – 50
The El Segundo schools CA – 20

(FoxBusiness) – Video: Ron Paul – Stop the Bailout of Foreign Banks! – Continue reading

Action Alert: Amy Goodman Tour of Northern California

(NorCalTruth) – This is an article for anyone who holds hope and faith that with persistance and dedication, along with respect and courteousness, we, the “9/11 Truth” movement, have a chance at building a relationship with Amy Goodman.

Amy will be traveling to Stanford April 29th and then Davis April 30th followed by a visit in  San Francisco on May 1st. Most of her events are free of charge, however Davis is a $10 entrance fee. It is my hope that anyone who is involved locally will involve themselves with this mission. What is the mission?

Alert Amy Goodman to the May 7th and May 8th events that are taking place with the Firefighters, Architects and Engineers for 9/11 Truth. The details of the event are posted here if you don’t know. Continue reading

Cops Link White Supremacists to Bombs in California

(KurtNimmo) – Police raided the Southern California homes of dozens of white supremacists on April 20, according to the Associated Press. Federal and local officers converged on 35 homes and took 16 people into custody in Riverside County in connection with an investigation into deadly booby trap attacks targeting police officers. Continue reading

Upcoming Event: Firefighters, Architects and Engineers for 9/11 Truth Publically Expose 9/11 Myths

City/State: San Rafael, CA
Date: Fri, May 7, 2010
Time: 7:30 pm
Topic: Investigating 9/11: Fire Fighters, Architects and Engineers examine the destruction of the World Trade Center
Speakers: Erik Lawyer & Richard Gage, AIA
Venue: Marin County Civic Center
10 Avenue of the Flags
San Rafael, CA 94903

Continue reading

Economy

(OftWoMinds) – Tyranny of the Majority, Corporate Welfare and Complicity

When 60% of the employed citizenry pay no Federal income tax, then the nation is in danger of sliding into the Tyranny of the Majority: we vote for more largesse, and you pay more tax. Complicity has consequences. Read More Here

(RollingStone) – Looting Main Street: How the Nation’s Biggest Banks are ripping off American Cities – Matt Taibbi – Read More Here

(TampaBay) – A bailout for news? Read More Here

(HeraldNet) – Senate expected to approve $667 million tax bill today

New sales taxes on candy, beer and bottled water would start in June, and on carbonated beverages in July Read More Here

(InnWorldReport) – Risk of Japan going bankrupt is real, say analysts – Read More Here

(FinancialTimes) – Soros warns Europe of disintegration

The eurozone area and wider European Union is now “on the brink” of disintegration unless Germany steps up and provides loans at below-market rates to Greece, George Soros, the hedge fund manager, has warned. Read More Here

(DiamondBack) – Depressed about our future

America is broke. We Americans have spent the last 15 years borrowing money for consumption instead of investment. Because of our high levels of debt, several prominent economists, including Gerald Celente — who predicted the collapse of the Soviet Union, the housing bubble and the tea parties — and Peter Schiff — who predicted both the NASDAQ bubble and the housing bubble — are predicting a coming collapse that will dwarf the housing bubble. Read More Here

(VancouverSun) – Thousands protest Quebec tax hikes

Thousands of protesters whom organizers described as members of Quebec’s “silent majority” demonstrated peacefully Sunday in front of the provincial legislature against tax hikes in the recent provincial budget. Read More Here

(C4L) – The Insanity of Government ‘Reform’

Albert Einstein’s definition of insanity — repeating something and expecting different results — is known to nearly everyone. Yet mere knowledge of this definition apparently has not kept the “best and the brightest” among us from becoming its practitioners. Read More Here

(InternationalForecaster) – Intervention Is Prolonging Economic Problems For Years – Bob Chapman

Banks only saved themselves not the economy, Greece singled out in the credit default crisis, the plan for a deflationary depression, every nation is in trouble, Greece now in a situation to default, banks continue to mislead, the floodgates open for lobbyists and special interests, lending costs climb, net neutrality suffers by a court ruling, Internet downgraded by court ruling Read More Here

Video: Ron Paul’s Texas Straight Talk – April 12, 2010 – Video Link Here

(AlterNet) – The Preposterous Reality: 25 Hedge Fund Managers Are Worth 680,000 Teachers (Who Teach 13 Million Students)

“It’s going to take a lot of political will — over a long period of time — to reorder our most basic economic values.”
In 2009, the worst economic year for working people since the Great Depression, the top 25 hedge fund managers walked off with an average of $1 billion each. With the money those 25 people “earned,” we could have hired 658,000 entry level teachers. (They make about $38,000 a year, including benefits.) Those educators could have brought along over 13 million young people, assuming a class size of 20. That’s some value. Read More Here

(InfoClearingHouse) – The Inverse Relationship Of The Real Economy And The Stock Market In USA

Just the other day, a man who has been in business and has also been in commercial real estate said that he was mystified as to why the “economy is in recovery, but we aren’t seeing any evidence of it in business or commercial real estate.” I explained to him that the STOCK MARKET WORKS IN AN INVERSE RELATIONSHIP TO THE TRUTH ABOUT OUR ECONOMY. THE TRUTH IS THAT MOST OF THE TIME WHEN THE STOCK MARKET IS UP, IT IS AT THE EXPENSE OF WORKERS AND THEIR JOBS. IF YOU DON’T BELIEVE ME, THEN READ ON, PLEASE. Read More Here

(DailyMail) – Outrage as British Taxpayers Face £600 Million Bill to Fund EU Bail-Out of Greece’s Sinking Economy

Greece was last night handed a generous national bailout by its euro partners which will end up costing British taxpayers more than £600million a year. In a move aimed at shoring up dwindling confidence in the stricken country, the 16 eurozone members announced they would lend 30billion euros this year alone. But another cash injection from the International Monetary Fund means Britain will have to pay part of a further £13billion bill to prop up Greece in the money markets. Read More Here

(DailyWealth) – Spend It Now! A Huge New Tax Is Coming…

Everything you buy is about to become 20% more expensive…

I’m not kidding. The latest idea out of Washington is to pay for its insatiable appetite for spending with what’s called a “Value-Added Tax.” Read More Here

(NYPost) – Metal$ are in the pits – Trader blows whistle on gold & silver price manipulation

The banks, which do the Federal Reserve’s bidding in the metals markets, have long been the government’s lead actors in keeping down the prices of gold and silver, according to a former Goldman Sachs trader working at the London Bullion Market Association. Read More Here

Video: Collapse Of Society – Chaos In The Making Continue reading

Video: California Gubernatorial Candidate Chelene Nightingale on Martial Law

(SoCalMartialLawAlerts) – Gubernatorial candidate, Chelene Nightingale, spoke out on martial law, prison camps, Agenda 21, open carry and other pertinent topics at the Fresno Tea Party on April 10, 2010. Continue reading

Shhh!!!, What If It Was Reported That They Are Spraying Aluminum?

(Infowars) – Could a Ban of Transparent Reporting at the Asilomar Conference be an Attempt to Cover-Up World-Wide Contamination From Stratospheric Aerosol Geo-Engineering Programs? Continue reading

MSM: Measure to legalize marijuana will be on California’s November ballot

(LATimes) – Supporters of the initiative collected well more than the 433,971 signatures needed for it to go before voters in the fall, again putting the state at the forefront of the nation’s drug debate. Continue reading

Economy

(SnardFarker) – Viva Iceland! Viva La Revolution!

Icelanders have resoundingly rejected a plan to repay £2.3 billion in savings to the UK, prompting Chancellor Alistair Darling to state that the British Government could be “flexible” over repayment terms. Read More Here

(YahooFinance) – Congratulations, Bankers — You’re Rich Again – Ben Stein

Just in case your blood pressure is not high enough today, here are a few news bulletins on how the world works. Generally, these bulletins all come under the heading of, “The Golden Rule: He Who Has the Gold, Makes the Rules.” Read More Here

(TCPalm) – More than half of mortgaged homes in St. Lucie, Martin are ‘under water’

More than half of mortgaged residential properties in St. Lucie and Martin counties are “under water,” a recent report by a company that tracks home sales, price trends and foreclosures shows. Read More Here

(Jacksonville) – Jacksonville mortgage delinquencies rise above 10%

The number of Jacksonville homeowners who have fallen behind on mortgage payments rose steadily over the past three years and today stands at more than 10 percent, according to a national credit monitoring company. Read More Here

(CentralValleyBusunessTimes) – Foreclosure starts up nearly 20 percent in California

After reaching the lowest level in a year in January, Notice of Defaults, the start of the foreclosure process, increased by 19.7 percent in February, according to a report Monday from ForeclosureRadar Inc., a Discovery Bay-based foreclosure information company that says it tracks every California foreclosure. Read More Here

(WashingtonExaminer) – Md. foreclosure filings skyrocket in February

Prince George’s County saw nearly 1,800 foreclosure filings last month — about one-third of Maryland’s total — as state and federal officials scramble to find a solution to the unrelenting mortgage crisis. Read More Here

(TheChicago77) – Foreclosures are still on the Rise in Illinois

Foreclosures in Illinois increased 22% in February, 2010. The high foreclosure rate can be attributed to the high unemployment rate and declining home prices. Read More Here

(AJC) – Metro Atlanta foreclosures set new monthly record

The number of foreclosure notices this month — 12,568 — set a new record for metro Atlanta, according to data just released by Equity Depot. Read More Here

(CBN) – Social Security Marks First Deficit in Decades

Social Security is going to start paying out more in benefits this year than it’s collecting in taxes — close to $29 billion more. Read More Here

(PBS) – Video: Bill Black on How They Got Away With It – Video Video Here

(CNBC) – Moodys Downgrade: Should We Care? – Video Link Here

(USAToday) – Toyota, UAW agree to close Calif. plant with 4,600 workers

The United Auto Workers and Toyota have agreed on terms to shut down the Nummi plant that employs 4,600 workers.
It is California’s sole remaining auto plant. Read More Here

(SilverBearCafe) – Opportunities to Profitably Escape Paper “Wealth” in 2010 – Read More Here

Video: They Cooked The Books – The Video That Will Put Geithner Behind Bars – Mike Whitney

(InfoClearingHouse) – You gotta see this! If this doesn’t convince you that the Timothy Geithner knew about the securities shenanigans that were going on at Lehman, than I don’t know what will.

Keep in mind, that Geithner ran Lehman through 3 “stress tests” prior to bankruptcy; all of which Lehman failed, and yet, nothing was done. Anton R. Valukas–the examiner who wrote the 2,200 page investigative-report which was released on Thursday– has provided plenty of information detailing Lehman’s “materially misleading” accounting and “actionable balance sheet manipulation.”

In other words, they cooked the books. Continue reading

MSM: ID Card for Workers Is at Center of Immigration Plan

(WSJ) – Lawmakers working to craft a new comprehensive immigration bill have settled on a way to prevent employers from hiring illegal immigrants: a national biometric identification card all American workers would eventually be required to obtain. Continue reading

Video: Water Wars – The ‘Endangered’ Western States

(Infowars) – Three primary tools used by the Globalists to implement Agenda 21, Sustainable Development, are the Endangered Species Act, water shortages and man made global warming, according to Michael Shaw. California is already stitched up by the Cap & Trade state law (AB32), based on corrupt science coming out of the United Nations. Last Spring the Department of Interior cut Central Valley Project water by 90% to the farms in the Central Valley, the breadbasket of America (providing 50% of America’s fruits, vegetables and nuts), based on the Endangered Species Act, claiming that the Delta Smelt were “threatened”. The subagencies of the Department of Interior, which provided the dubious smelt endangered species biological opinion, are influenced by “scientific advisors” of the International Union for Conservation of Nature (IUCN). The IUCN was created by the United Nations — the same UN that brought us fraudulent man made global warming. Continue reading

Video: Smear campaign against 9/11 truthers?

(RussiaToday) – Last night a California man opened fire outside the Pentagon in Washington DC. Today he has been linked to the 9/11 truth group that rejects the official explanation of 9/11. Continue reading

Economy

(EconomyInCrisis) – Jobless Rate: The Truth Bubble?

Can you trust national averages? As bad as the jobless data you hear are, you have not been told the whole truth. If you think the terrible impact of America’s Great Recession is shown by an official unemployment rate of about 10 percent, think again. Read More Here

(SydneyMorningHerald) – China insider sees revolution brewing

China’s top expert on social unrest has warned that hardline security policies are taking the country to the brink of ”revolutionary turmoil” Read More Here

(GlobalEconomicAnalysis) – Short Selling Restrictions “A Great Indicator of Imminent Market Crashes”

Inquiring minds are investigating Fannie Mae’s stunning $72 billion loss for 2009 as well as new short selling curbs. The two are actually related. Let’s take a look. Read More Here

(MarketForceAnalysis) – COMEX Inventory Data Reveal an Alarming Trend

For more than 6 months I have been gathering data released daily by the COMEX concerning delivery notices and inventory levels of gold and silver. This data must be captured and recorded each day as there is no database of historical data available to the general public. Read More Here

(MatterHornAsset) – Soverieng Alchemy Will Fail

When we look at the world economy today, wherever we turn we see a wall of risk. And sadly this is an insurmountable wall with risks that are totally unprecedented in history. Read More Here

(AmericaSpeakSink) – Unemployment Benefits Denied!Over A Million Families Destroyed!

They did it! The government of your nation did it! They just turned their backs on over a million people on unemployment and denied the extensions! Congress, in the most nefarious and pernicious move seen since “post economic collapse period,” has walked away, went home for the weekend and did not extend unemployment benefits to over a million America families. Read More Here

(Telegraph) – California is a greater risk than Greece, warns JP Morgan chief

Jamie Dimon, chairman of JP Morgan Chase, has warned American investors should be more worried about the risk of default of the state of California than of Greece’s current debt woes. Read More Here

Carpe Diem, Dr. Paul!

(LewRockwell) – Ron Paul’s stunning landslide victory in the CPAC straw poll is an event that cannot be allowed to go to waste. Political moments this ripe are about as rare as the California condor, and Ron Paul would do us all an incalculable service if he would seize the day, and declare his intention to run in the 2012 presidential election. He needs to do this right now. Not next month, not next year, but now. Continue reading

Medical studies show cannabis effective for treating pain, spasms

(RawStory) – With the results of a medical study summarized by a new report delivered to the California state legislature, the California Center for Medicinal Cannabis Research (CMCR) claims it has established scientific proof that inhaled cannabis holds medical value at or above the level of conventional prescription medicines used for a variety of ailments. Read More Here

MSM: Anger fuels water-fluoridation debate in Watsonville, Calif

(LATimes) – The Santa Cruz County town, which officials say is experiencing a dental-decay epidemic, voted in 2002 to block fluoridation of the city’s water. The City Council is moving closer to approval. Continue reading

Crisis in California – Everything Touched by Capital Turns Toxic

California dreaming turns to California nightmare as decades of agribusiness, real estate development and exploitation of migrant workers take their toxic toll. Gifford Hartman takes us on a guided tour of the Golden State’s darkside
I should be very much pleased if you could find me something good (meaty) on economic conditions in California […]. California is very important for me because nowhere else has the upheaval most shamelessly caused by capitalist centralization taken place with such speed. – Letter from Karl Marx to Friedrich Sorge, 1880
Read More Here

MSM: Coast-to-coast double-digit college tuition hikes

(MSNBC) – As students around the country anxiously wait for college acceptance letters, their parents are sweating the looming tuition bills at public universities. Continue reading

Video: California the canary in coalmine of US economy

State Controller John Chiang issued a stern warning Friday about California’s cash reserves, telling legislative leaders and Gov. Arnold Schwarzenegger they must act on nearly $9 billion in budget cuts the governor is seeking by March — or the state will run out of cash to pay its bills. — Denis C. Theriault Mercury NewsContinue reading

Color it Red: State Budget Gaps

In “Chart of the Day: State Buget Gaps 2010,” Credit Writedowns points us to a disturbing graphic in a recent report from the Congressional Budget Office, entitled  “Policies for Increasing Economic Growth and Employment in 2010 and 2011.”

As CW’s Edward Harrison notes,

this is not just about California. Come summer 2010, the most severe gaps will be closed via budget cuts or tax increases unless the Federal Government can pull a rabbit out of the hat.

Continue reading