Video: Fox News Comes Out of the Closet

(MSNBC) – Fox News finally made it official. They are part and parcel of the Republican Party. They are now the largest donors to the Republican Governors Association, having given them $1 million dollars. They also employ three out of the top four Republicans in the Iowa Caucus Poll for GOP presidential candidates.

As I explain here, now that Fox News has come out of the closet, it’s hard to distinguish where Fox News ends and the Republican Party begins:

Video: Military funding could be slashed by $1 trillion – Paul Craig Roberts

(RussiaToday) – Congressmen Ron Paul and Barney Frank are sending a letter to US President Barack Obama with a proposal to cut the military budget by a trillion dollars. As the economy and the budget deficit continues to worsen, it seems that this is a very logical place to start cutting out funds. Paul Craig Roberts says that while passing this initiative would be great, he is skeptical that it will pass because Congress would lose too much campaign money.

Video: Agenda 21 Alert – The Birds & The Bees

(Infowars) – The true facts of life are that the globalist control freaks have caused environmental disasters in order to implement their solutions, which are even worse. And they get public support through lies, government regulations and our tax dollars. UN Agenda 21 Sustainable Development is the overarching blueprint for depopulation and control using the environment as the excuse.

Last month the UN announced that they were shifting their focus from global warming (which has been thoroughly discredited) to biodiversity, which is really a way to steal land by way of the Endangered Species Act. In fact, a new UN agency has been created to monitor biodiversity (Intergovernmental Science Policy Platform on Biodiversity and Ecosystem Services or IPBES), and is based on the UN’s fraudulent IPCC. The new fear that is being created is the destruction of habitats and species resulting from human activity.(1)

These videos by Dr. Michael Coffman explain the impact of the Endangered Species Act:

On America, Somalia and You

(EconomicPolicyJournal) – Great insights from a Doug Casey interview with the Daily Bell (ViaLewRockwell.com):

Daily Bell: How about America? How are America’s finances?

Doug Casey: The era of one trillion dollar plus annual deficits is definitely here. And those are just the official deficits, which are going to be running a trillion or a trillion and a half dollars per year for the indefinite future. And on top of that you’ve got $100 trillion of unfunded liabilities of Social Security, the Medicare, the Medicaid. In a few years, you are going to have Obama-care, which is going to make the problem considerably worse. Then add on the probable federal bailouts of numerous bankrupt states like New York and California. And then hundreds of billions more for the FDIC, which is also totally bankrupt. Just like Fannie and Freddie. Then the Pension Benefit Guarantee Corp., will be hundreds of billions more – that hasn’t hit the front pages yet. General Electric is just like a gigantic, 30-1 leveraged hedge fund; that’s going to be bailed out too! Amtrak, which despite its outrageously high fares, continues to loose a couple billion dollars a year; of course that’s just chicken feed in today’s context. And of course these wars – and supporting military bases in over 100 countries…

Read entire article

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.

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 –

The Chosen at work : Darfur aid dollars funding West Bank settlements

(IraqWar) – Persons working with aid organizations assisting the victims of the Darfur conflict have passed on the news that they have confirmed through their contacts in the so called “Save Darfur Coalition” that millions of dollars raised to help the Darfur refugees have ended up in Israeli bank accounts. These accounts help fund programs that include illegal Israeli settlements in the occupied West Bank.

More than 50% of US Government Spending Goes to the Military

(GlobalResearch) – Recently, Live Science published a chart showing that the US spends about one-fifth of its budget on the military. But this aggregate view hides how Congress prioritizes spending, when you consider what is discretionary and voted upon each year. A more salient view of these figures segregates ‘discretionary’ spending from ‘mandatory’ spending. During the severe economic downturn of the past two years, how has Congress prioritized spending?

When it comes to discretionary spending, Congress gives 58% to the military. Here are US budget charts for the years 2009 and 2010, according to the National Priorities Project (NPP): Read More Here



7 million Iraqis exist below poverty line

(Uruknet) – Millions of Iraqis exist below the poverty line in a country which floats on oil and earned more than $60 billion from oil sales last year, said Mahdi Muhsen, the director of the Central Organization for Statistics and Information Technology.

Muhsen said one fourth of Iraq’s nearly 30 million people live below the poverty line and that unemployment rates could hit 30% in some provinces.

Muhsen made the remarks as his organization gears toward national census scheduled for November 24 this year.

The poverty line for a single adult is 77,000 dinars per month, that is approximately $60. This means that at least 7 million Iraqis will have to make ends meet on two U.S. dollars a day.

Muhsen revealed more alarming figures regarding abject poverty.

“Half the population of Iraq live in abject poverty,” he said.

He said some impoverished provinces, like Muthanna in the south, suffered more than others.

Source: Uruknet

The Guy Who Stole All Our Money Now Wants to Steal Our Paycheck, Too

(WashingtonsBlog) – Ben Bernanke has funneled trillions of dollars worth of bailouts, guarantees and sweetheart deals to U.S. (and foreign – and see this) banks.

This money was pickpocketed from you and me, directly (through government spending) and indirectly (increasing debt costs, future inflation, etc).

Denninger: Let’s Cut the Crap — We Are in a Depression Right Now

(SHTFPlan) – So let’s cut the crap – we are in a Depression right now.  We are pretending we are not, just like you can pretend you didn’t really lose your job so long as your credit card does not reach its limit.  We have been in that depression for about 18 months and there is no evidence that we will exit it, as we have yet to find a way to pull back the deficit spending without an instantaneous collapse in the economy.

The Future of the Dollar

(FutureofDollar) – The World is concerned that the dollar cannot play the role of the main reserve currency any longer after the financial crisis sparked by the collapse of the U.S. mortgage market led to the worst global recession since the 1930s. The Government’s stimulus packages, financial bailouts, the need to support liquidity in Treasuries, keeping interest rates at the lowest level under the circumstances of low economic growth, high unemployment and low tax collection make it print more dollars. This leads to a high risk of substantial inflation, or hyperinflation in a long-run.

Global Economic Crisis: Look To Asia for The Financial Tsunami Wave, Not Europe

(FutureFastForward) – This will be one of my shortest articles as it is written as a RED ALERT.

When I send out Red Alerts, it is a dire warning and a call for immediate action to protect your wealth (if there is any remaining).

MSM: Russia diversifies into Canadian dollars

(FinancialTimes) – Russia’s central bank announced on Wednesday that it had started buying Canadian dollars and securities in a bid to diversify its foreign exchange reserves.

Video: James Turk – The US on the cusp of hyperinflation

James Turk, founder of GoldMoney, speaks about the indications of hyperinflation in the US today.

Abandoning the Constitution! Who’s to blame for our loss of rights?

I walked into the offices of Backwoods Home Magazine the other day and heard a familiar voice exclaim, “Today, we can go to jail or prison for simply exercising the rights we used to assume were given to us by God. Our founders called them our Natural Rights. They were enumerated in the Constitution. Since childhood we have been taught that our soldiers died on foreign soil to protect these rights. But nowadays exercising them can land you in the clink.”

Kucinich: US Tax Dollars Help Fund Taliban Attacks

(RawStory) – Ohio’s Democratic Congressman Dennis Kucinich, a strident anti-war crusader, cited a report on the floor of the House of Representatives Tuesday which claims that US tax dollars used by defense contractors to bribe the Taliban in Afghanistan ultimately help fund attacks “on our troops.”

Barack Obama: Manchurian Candidate Version 2.0

(OpEdNews) – I once wrote an article about former President George W. Bush saying that he was a perfect Manchurian candidate. That is, if his missing year when he was supposed to have been flying fighter jets with the Texas Air National Guard was actually spent in the former Soviet Union being reprogrammed as a covert KGB agent whose job it was to go back to America, win election to the White House, and proceed to destroy the US, he couldn’t have done a better job than he actually did.

CIA paid millions of dollars to ISI since 9/11: Report

LOS ANGELES: The CIA has paid millions of dollars to Pakistan’s Inter-Services Intelligence (ISI) since9/11, accounting for as much as one-third of the foreign spy agency’s annual budget, says a media report.

What Is Money? Part 13: Exported Inflation

If you think people are confused about monetary affairs inside the borders of the nation they live in, you should listen to their explanations of money outside the country, beginning with the idea of “money outside the country.”

U.S. economic growth claims are fabricated on more debt spending

(CounterThink) – While the White House is celebrating a 3.5% reported growth in GDP last quarter — the first economic growth in a year — they conveniently forget the simple fact that it’s easy to fake economic growth with debt spending.

Video: Protest Against Wall Street Bankers

Today was an amazing beginning for us. Not just the beginning of the three day protest against the American Bankers Association (ABA) conference, but the beginning of the end for business as usual on Wall Street. The big banks heard loud and clear tonight that taxpayers are fed up with them taking our money and using it to pay themselves outrageous profits and lobby against financial reform.

MSM: Bank failures top 100 for year; most since 1992

(MSNBC) – WASHINGTON – The cascade of bank failures this year surpassed 100 on Friday, the most in nearly two decades. And the trouble in the banking system from bad loans and the recession goes even deeper than the number suggests.

Profit Driven Swine Flu Propaganda – Pump Up the Volume Part 1

(NaturalNews) – The pharmaceutical industry, with public health officials and the mainstream media acting as a mass marketing team, is about to pull off the biggest profiteering scheme in the history of the world. The swine flu hoax, perpetrated on a global level, will generate unheard of profits from a non-existent pandemic.

The Rich Have Stolen The Economy – Paul Craig Roberts

Bloomberg reports that Treasury Secretary Timothy Geithner’s closest aides earned millions of dollars a year working for Goldman Sachs, Citigroup and other Wall Street firms. Bloomberg reports that none of these aides faced Senate confirmation. Yet, they are overseeing the handout of hundreds of billions of dollars of taxpayer funds to their former employers.

Obama Served 9/11 Truth in San Francisco

9/11 Truth activists came out in force today to welcome of Obama to San Francisco and to demand that he look into the most important issue of the century — 9/11, the false flag event that has promised Americans and the world never ending war and curtailment of our civil rights.

Funding Sweatshops Globally

In July 2008, SweatFree Communities (SFC) released a report titled, “Subsidizing Sweatshops: How Our Tax Dollars Fund the Race to the Bottom, and What Cities and States Can Do” in which it studied 12 factories in nine countries that produce employee uniforms for nine major companies.

Saving Face in Afghanistan – Ron Paul

This past week there has been a lot of discussion and debate on the continuing war in Afghanistan. Lasting twice as long as World War II and with no end in sight, the war in Afghanistan has been one of the longest conflicts in which our country has ever been involved. The situation has only gotten worse with recent escalations.

Banks Create Money Out of Thin Air, Not Out of Pre-Existing Deposits or Reserves

The battle to reform the American banking system needs to include reimposing the barrier between investment banking and depository banking (Glass-Steagall), pay incentives based on what is best for Americans and not just the top executives, the end of too big to fail, and other changes which are frequently discussed by financial writers. These are vital issues.

Film: Trailer 4 – Fall of the Republic

In just 8 days, ‘Fall of the Republic’ will reveal once and for all the nationwide heist and economic takeover that has been maneuvered through the Bailout and action taken by the private Federal Reserve. Experts including William K. Black, Max Keiser, Dr. Webster Tarpley, George Humphrey, Gerald Celente and more join Alex Jones in the most detailed analysis ever of the fall of the Dollar, the push for a new global currency through the G20 and the international bankers who have worked tirelessly to bring the United States to its knees.

MSM: Dollar loses reserve status to yen & euro

(NYPost) – Ben Bernanke’s dollar crisis went into a wider mode yesterday as the greenback was shockingly upstaged by the euro and yen, both of which can lay claim to the world title as the currency favored by central banks as their reserve currency.

Pity the Imperialists – Campaign for Liberty

Pity the imperialists. What do they do? They must realize that the longer they continue occupying Iraq and Afghanistan, the more they weaken the Empire. Hey, they don’t call Afghanistan the “graveyard of empires” for nothing.

Video: Jim Rogers “Quite Sure” Gold Will Hit $2000, Dollar Will Lose Reserve Status

(YahooFinance) – Famed investor Jim Rogers is “quite sure gold will go over $2000 per ounce during this bull market.”

A Dollar Rout Or More Bernanke Trickery? – Mike Whitney

Consumer credit is falling fast. In July, consumer credit plunged by $19 billion, followed by an August drop of $12 billion, a 5.8 percent annual rate. Credit card spending decreased by nearly $10 billion in August, while non-revolving debt, including auto loans, fell by $2 billion. Credit has shrunk for 7 consecutive months, the longest period of decline since 1991.

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.

The REAL Battle Over America’s Banking System

The battle to reform the American banking system needs to include reimposing the barrier between investment banking and depository banking (Glass-Steagall), pay incentives based on what is best for Americans and not just the top executives, the end of too big to fail, and other changes which are frequently discussed by financial writers. These are vital issues.

Video: Petro Dollars and the Threat of Iran

Switching out the dollar for some other reserve currency would devastate the U.S., result in massive inflation and misery.

MSM: Iran says shift from US dollar to euro brought ‘big profits

(JPost) – Iran’s central bank governor says the country gained “big profits” by shifting its foreign currency reserve basket from the US dollar to the euro.

Osama Bin Laden: Dead or Alive?

Is Osama bin Laden still alive? I have dealt with this question in a recent little book entitled Osama bin Laden: Dead or Alive?  The present essay summarizes the main points of this book.

Video: Preparing Americans for Hyperinflation

Hyperinflation Nation – NIA – National Inflation Association – Inflation.US
The National Inflation Association is an organization that is dedicated to preparing Americans for hyperinflation and helping Americans not only survive, but prosper in the upcoming hyperinflationary crisis.