Economy

(WPost) – 8 House members investigated over fundraisers held near financial reform vote

The Office of Congressional Ethics is investigating eight lawmakers who held fundraisers within 48 hours of a major House vote on a Wall Street reform bill or received substantial donations from business people with a financial stake in the bill, according to congressional sources and letters. Read More Here

(Money&Markets) – Two Consequences of the Stimulus Programs Washington Wants You to Ignore! – Read More Here

(BullionBullsCanada) – Fannie Mae Proposes Bulldozing U.S. Homes – Read More Here

(EconomicPolicyJournal) – Bank Run in Spain and Its Destabilizing Ramifications for the Entire EU

According to FT, Spanish banks borrowed €85.6bn ($105.7bn) from the ECB last month. This was double the amount lent to them before the collapse of Lehman Brothers in September 2008 and 16.5 per cent of net eurozone loans offered by the central bank. Read More Here

(InternationalForecaster) – The Fed’s Purchase of US Sovereign Debt: “The US Treasury is under the Control of the Fed’s Owners”. – Bob Chapman

US, UK and European financial systems are on the way to collapse Read More Here

(MarketWatch) – U.S. home building craters after tax break expires

Housing starts fell 10% to a seasonally adjusted annual rate of 593,000 in May, the lowest level since December. The details were even worse, as starts of single-family homes plunged 17% to a seasonally adjusted rate of 468,000, the lowest in a year. Read More Here

(LewRockwell) – Amnesty for the Banksters, Debtor’s Prison for the Serfs – Read More Here

(SoColPatriotsClub) – House Democrats Drop Ron Paul’s Audit of Federal Reserve

Yes, you read that right. Ron Paul’s push to audit the Federal Reserve Bank and see who received how much money in the last few years has been drastically reduced. Read More Here

Video: The Greecing of America, Simplified

The repercussions from Greece’s fiscal crisis are starting to ripple around the world. But are lessons being learned? – View Video Here

REPOST – (RussiaToday) – Video: Greece was used as trojan horse by Washington and Goldman Sachs, to damage Eurozone

“The whole attack on Greece and the attack on the euro originated from a concerted strategy of Wall Street and US Institutions to permanently cripple or try to cripple the only alternative reserve currency anywhere in the world that can challenge the dollar,” Engdahl told RT. Video Link Here

Video: Instead of budgeting, Congress is….

With all of the attention on the BP oil spill, the European debt crisis and even financial regulatory reform, the fact that Congress hasn’t passed (and will likely not pass) a federal budget for fiscal year 2011 is flying under the radar. View video Here

(WPost) – More college-educated jump tracks to become skilled manual laborers – Read More Here

(LewRockwellShow) – Podcast: We Ain’t Seen Nothin’ Yet – Lew with Gerald Celente

What does the state-bank-military complex plan next? As the second stage of the financial crisis hits, says Gerald Celente, we can expect them to start another war to divert people’s attention from the wholesale robbery of the productive. Listen to Podcast Here

(LewRockwell) – Bailing Out Politicians Now? – Patrick J. Buchanan – Read More Here

(WRMEA) – U.S. Financial Aid To Israel: Figures, Facts, and Impact – Read More Here

(MarketWatch) – Fannie, Freddie to scrap NYSE stock listings – Read More Here

(EconomicPolicyJournal) – Bloomberg Considering Former-Goldman Man for Deputy Mayor – Read More Here

REPOST – (Snard) – More Than 1 In 5 American Children Are Now Living Below The Poverty Line

Perhaps the greatest victims of the economic nightmare that is unfolding right in front of our eyes are our children. Read More Here

(AlterNet) – “Lure People Into That Calm and Then Just Totally F–k ‘Em”: How All of Us Pay for the Derivatives Market

Derivatives are a hotbed of abuses and bailouts. So why are taxpayers footing the bill? Read More Here

(Infowars) – Why You Should Buy Gold and Silver – Mark Dice – Read More Here

(FinancialSense) – Gold Going to Parabolic Top of $10,000 by 2012 – For Good Reasons

No wishful thinking here! As I see it gold is going to a parabolic top of $10,000 by 2012 for very good reasons – sovereign debt defaults, bankruptcies of “too big to fail” banks and other financial entities, currency inflation and devaluations – which will all contribute to rampant price inflation.

Not surprisingly, I have company in that view: 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: Invisible Empire – Sneak Peek #2 – The Dumbed-Down Public

In this sneak peek, director Jason Bermas demonstrates the mindset of the elite, who have flooded the public’s attention span with gladiatorial events, spectator sports and mind-numbing entertainment. This deluge of distractions effectively hides the truth of political information and world events from the public consciousness.

GET THIS POWERFUL FILM ON DVD OR DOWNLOAD IT IN HIGH-QUALITY AT PRISONPLANET.TV.

ONLY 4 DAYS UNTIL INVISIBLE EMPIRE HITS THE INFOWAR! Continue reading