Video: The Great Con Job – Dylan Ratigan

(MSNBC) – April 8, 2010 –

Part 1 of 2

Video: Alex Covers Neo-Cons Spin That A VAT(Carbon Tax) is Conservative

(April 7) – Former Fed Mob Boss Calls for VAT and Carbon Taxes

Video: Congressman Grayson – Capital Hill Doesn’t Understand How The Federal Reserve Works

(MSNBC) – April 07, 2010 – Dylan Ratigan Show

Video: Keiser Report №31 – Markets! Finance! Scandal!

This time Max Keiser and co-host, Stacy Herbert, look at the scandals of Tony “No Blood for Oil” Blair lying about selling the UK gold supply on “technical advice of the Bank of England;” a millionaire tramp in Sweden and a casino that refuses to pay in America; and, finally, the Irish ‘Bad Bank’ and the ‘Celtic Chernobyl.’ Max also talks to William ‘BJ’ Lawson, who is running for Congress in North Carolina’s 4th District, about Ron Paul Republicans, the Federal Reserve setting fiscal policy and defining President Obama.

Economy

(FoxBusiness) – Video: Ready for Triple-Digit Oil Prices? – View Video Here

(ThinkProgress) – ExxonMobil paid no federal income tax in 2009.

Last week, Forbes magazine published what the top U.S. corporations paid in taxes last year. “Most egregious,” Forbes notes, is General Electric, which “generated $10.3 billion in pretax income, but ended up owing nothing to Uncle Sam. In fact, it recorded a tax benefit of $1.1 billion.” Big Oil giant Exxon Mobil, which last year reported a record $45.2 billion profit, paid the most taxes of any corporation, but none of it went to the IRS: Read More Here

(Forbes) – What The Top U.S. Companies Pay In Taxes Read More Here

(WND) – America’s future? U.S. cities going bust – Jerome Corsi

In what may be the beginning of an explosion of city insolvency across the U.S., the city of Vallejo, Calif., with a population of 117,000 in the San Francisco Bay area, has filed bankruptcy, Jerome Corsi’s Red Alert reports. Read More Here

(OpEd) – The SCAM behind NAIS – “Our Land: Collateral for the National Debt” – Read More Here

(Reuters) – Special Report:Holy bubble! Churches struck down by foreclosures Read More Here

(WSJ) – Shortfall Awaits California’s Big Pension Funds

A study released Monday by Stanford University estimates that California’s three largest state-operated, public-employee pension funds—the California Public Employees’ Retirement System, California State Teachers’ Retirement System and University of California Retirement System—currently face a total shortfall of more than $500 billion. Read More Here

(MoneyNews) – Report: Panicky Investors Pull Cash Out of Greek Banks

Greek banks are being hit by a wave of redemptions as rich citizens and companies look to move their money to big global banks or offshore as the country’s debt crisis rages, the Telegraph newspaper reported on its Web site. Read More Here

(SicSempterTyrannis) – Video: Is the U.S. on its way toward a Debt Disaster? – Video Link Here

(BusinessInsider) – Meet The 26 Members Of George Soros’s Secret Team To Rewrite Economics – Read More Here

(MyBudget360) – What does it mean to be Middle Class in 2010? Beholden to the Banking Elite – Read More Here

(Telegraph) – Public sector pension black hole to cost taxpayers an extra £330 a year

Workers will have to pay an extra £330 a year each in tax to help plug the growing black hole in the cost of public sector pensions, business leaders warned last night. Read More Here

(RussiaToday) – Video: William Engdahl – US won’t recover for at least 15 years – View Video Here

(LATimes) – L.A. controller warns that city could exhaust general fund next month [Updated]

Los Angeles Controller Wendy Greuel on Monday said she expects the city’s general fund “will be out of money” by May 5 and that L.A. will likely deplete its reserve funds and be in the red by June 30. Read More Here

Video: Gerald Celente on the Regular Guys Show – April 1, 2010 – Video Link Here

(WashingtonsBlog) – Proof that Regulators Knew of and Allowed Debt-Hiding Accounting Tricks Like Lehman’s Repo 105

Regulators like the Fed and SEC have said they didn’t know about Lehman’s use of Repo 105s to hide its mountain of debt. Read More Here

(LegislativeGazette) – Paterson delays school aid for a second time

One day before state school aid was set to be paid to local districts, Gov. David A. Paterson decided that due to a shortfall in the state’s cash flow, the aid will be delayed by up to two months. Read More Here

(TheComingDepression) – FDIC wants your retirement cash to save banks: Bloomberg

“The FDIC is constantly looking at structures where we can get the greatest opportunity to tap into capital that we have not had the success reaching through previous disposition methods,” FDIC spokeswoman Michele Heller said in an e-mailed statement. “We welcome and work with all investors.”

It should be very very obvious that all future money will be in the hands of the globalist elites who will rob and plunder the worlds economies into their privately owned and ruled banks who will dump all of the nations accumilated wealth into their coffers. Gone will be all social security and 401Ks and all pensions as they will take everything that people own and steal it for their own use (like paying interest on loans that can never be repaid). Read More Here

(SFGate) – National debt seen heading for crisis level

Health care may have been the last big bang of the Obama presidency. Read More Here

(OrlandoSentinel) – Foreclosures’ coming wave: Commercial properties – Read More Here

(HuffingtonPost) – More Than 200,000 Could Lose Unemployment Benefits This Week

Thanks to congressional inaction, more than 200,000 laid-off workers could lose access to unemployment benefits this week, and no flood insurance policies will be renewed or issued until Congress returns on April 12 — despite record long-term joblessness and record rainfall. Read More Here

Video: Comex can easily go bankrupt – get physical gold & silver! – Peter Schiff – Video Link Here

(KingWorldNews) – Video: Gerald Celente, Prepare for new-survivalism

Video: Ron Paul Discusses America’s Moral Decline & Economic Collapse on The Alex Jones Show

Alex talks with Republican Congressman for the 14th congressional district of Texas, Ron Paul. Dr. Paul’s latest books are End the Fed and The Revolution: A Manifesto.

Economy

(Reuters) – EU safety net not quite enough to break Greek fall

The thing about a safety net is that it all depends where you hang it. Read More Here

(Reuters) – Office vacancy rate hits 16-year high

The U.S. office vacancy rate in the first quarter reached its highest level in 16 years, but the decline in rents eased and crept closer to stabilization, according to a report by real estate research firm Reis Inc. Read More Here

(GlobalResearch) – Crisis of the Global Economy: Trade Conflicts and “Fair Trade”

Trade is now a favorite topic for many politicians and the media, especially between China and the U.S. Likewise, labor and progressive groups continue to delve deeper into trade issues, offering a variety of working class solutions. The far right, too, is obsessed with trade, using it to fuel nationalism and anti-China sentiment. No subject is prone to so much demagoguery combined with so little explanation.
Before one can offer a vision of “fair trade,” it’s helpful to understand what “trade” is. Read More Here

(GlobalResearch) – The Greek Financial Crisis and the European Timetable

Now that the Lisbon Treaty of 2009 is behind us, after it was forced through Ireland, after the Irish were told to keep voting on this until they said “yes”; now the European Union moves on to the next item on its timetable. The next step is to create a centralized Ministry in Brussels for Finance and Taxation, thereby further eroding the diminishing national sovereignty of the now twenty-seven member states; and what better way to do this than to organize a specific potshot against the little country of Greece? Read More Here

(GlobalResearch) – Imminent Dangers of Stagflation: U.S. Economic Policies Fail to Avert Hyperinflation

The United States send weak economic signals insufficient for a meaningful and sustainable economic expansion required to gain back confidence of national and foreign investors, futureofdollar.com finds in the present research. Political decision-making process is paralyzed by numerous disabilities, while external market constraints obstruct economic recovery. Stagflation is an imminent danger. Read More Here

(InfoClearingHouse) – What The Top U.S. Companies Pay In Taxes

As you work on your taxes this month, here’s something to raise your hackles: Some of the world’s biggest, most profitable corporations enjoy a far lower tax rate than you do–that is, if they pay taxes at all. Read More Here

(BusinessInsider) – Fed Still Fighting Over Whether The Problem Is Inflation Or Deflation

The Federal Reserve can’t make up its mind what the problem is. Specifically, it can’t agree on whether to fight inflation or deflation. So don’t expect any violent moves anytime soon. Read More Here

(WashingtonPost) – U.S. government a big commercial real estate player

Evidence of the federal government’s growing influence on Washington area commercial real estate is illustrated in big deals it is working on both sides of the table: auctioning a 127,000-square-foot Bethesda building previously occupied by the National Institutes of Health and moving to snatch up vast spaces in buildings on the private market that have been vacant for months. Read More Here

(WSJ) – Bank of Mom and Dad Shuts Amid White-Collar Struggle – Read More Here

(SilverBearCafe) – Will fraud lift gold prices to $10,000/ounce?

After the sub-prime catastrophe in banking and realty sector, which led to the global recession in 2008-09, it is the turn of bullion markets now. – Read More Here

(Gallup) – Underemployment Rises to 20.3% in March

Gallup Daily tracking finds that 20.3% of the U.S. workforce was underemployed in March — a slight uptick from the relatively flat January and February numbers. Read More Here

(InternationalForecaster) – The Smoke and Mirrors Economy – Bob Chapman

We have an economy run on smoke and mirrors, based on the manipulation of markets. That was accomplished via the executive order signed by President Ronald Reagan in 1988 in the aftermath of the stock market collapse of October 19, 1987, known as the “President’s Working Group on Financial markets.” This order intended to be implemented during emergencies has been used to manipulate markets worldwide 24/7. Read More Here

(CNN) – Unemployment Benefits Expire for Thousands

Extended unemployment benefits will temporarily expire for thousands of Americans on Monday because the Senate went on its spring recess without approving a one-month deadline extension. Read More Here

(MSN) – Inflation warning etched in steel

Pretend it’s 1933, as so many in the deflation camp think it is or soon will be (at least from the price-of-everything standpoint). If last Wednesday you reached for a copy of that day’s Financial Times, would you have expected to see the following headline — “Steel prices set to soar: Everyday goods will cost more” — in large print above the fold?

I don’t think so. Read More Here

(Reuters) – Oil hits 18-month high on economic outlook

U.S. crude futures hit an 18-month high on Monday, climbing toward $86 per barrel on expectations of faster-than-expected economic recovery and increasing demand for fuel. Read More Here

(BusinessInsider) – The Scariest Jobs Chart Ever (Another View)

Here’s another view of what we’ve been calling the “Scariest Jobs Chart Ever.” It’s from Calculated Risk, and it shows the percent of job losses since the peak for all the post-war recessions. Read More Here

Video: LBMA Bullion Market Ponzi Scheme. Financial Manipulation in the Gold and Silver Markets

The US is at a Precipice – Tim Gatto

(InformationClearingHouse) – We are at a precipice. This is the end of one era and the beginning of another. The “real” world that so many people believe in, here in America is not the world you see on your TV sets, that is the world that the government and the media want you to believe in. We are so accustomed to believing in our own American ideology that we can’t understand the ramifications of what we have done. So many people in this country continue to believe that what we have done can’t be undone. This is the reason we have come to this point. We are not “invincible”. We are not “exceptional”. We must abide by the same financial tenants that rest of the world must obey. We cannot spend above our means. We cannot spend 1.4 Trillion dollars on the military and get nothing back. We cannot give trillions in fiat money to prop up the bankers and financiers on Wall Street.

Video: 2nd American Revolution Update, The Information WAR and Crony Socialism

Video: Federal Reserve Power Grab Bill Moves to Senate

(KurtNimmo) – As Democrats went all soft and squishy over the prospect of a leviathan and authoritarian government grabbing more power under Obamacare, the Senate Banking Committee under the direction of Democrat Christopher Dodd put finishing touches on a “financial regulatory reform bill.” Dodd’s committee passed a 1,300-page bill in a 21-minute “partisan” markup, according to WebCPA.

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

Economy

(TheIndependent) – Bank of England Deliberately Created “Consumer Boom”

Editor’s note: In other words, the banksters engineered a bubble designed to bust. Read More Here

(EconomicEdge) – THE Most Important Chart of the CENTURY

The latest U.S. Treasury Z1 Flow of Funds report was released on March 11, 2010, bringing the data current through the end of 2009. What follows is the most important chart of your lifetime. It relegates almost all modern economists and economic theory to the dustbin of history. Any economic theory, formula, or relationship that does not consider this non-linear relationship of DEBT and phase transition is destined to fail. Read More Here

(VancouverSun) – Thousands rally against Putin, dozens detained

Russian police broke up an opposition demonstration in Moscow on Saturday, one of around 50 rallies across the country with thousands protesting falling living standards under Prime Minister Vladimir Putin. Read More Here

(Fox10TV) – Still no money for Prichard pensioners

A bankruptcy court judge has given the City of Prichard two more months to figure out how they will pay retired city workers. Prichard pensioners have gone six months without a pension check. Read More Here

(TheAtlantic) – My Inflation Nightmare

Am I crazy, or is the commentariat ignoring our biggest economic threat? Read More Here

(Reason) – Five Lies About the American Economy

The ongoing recession has raised a troubling question for otherwise resurgent Keynesian economists: How can the American economy keep getting worse under the intensive care of an interventionist economic team almost universally praised for its brilliance? Read More Here

(Bloomberg) – Federal Reserve Must Disclose Bank Bailout Records (Update5)

The Federal Reserve Board must disclose documents identifying financial firms that might have collapsed without the largest U.S. government bailout ever, a federal appeals court said. Read More Here

(USAToday) – Hard times send hotel industry into ‘survival mode’

Neil Cornelssen says he misses the free cookies in the evening at one hotel and the daily newspaper outside his door at others. Read More Here

(WSWS) – Divisions Between the US and Europe Widen Over Greek Financial Bailout

The Greek government is preparing to turn to the International Monetary Fund (IMF) for financial help in the next few weeks to avert a default on its national debt. The move to engage the IMF follows the failure of European finance ministers meeting in Brussels earlier this week to agree on any concrete plan to provide financial backing for Greece. The principal obstacle at the Brussels meeting was the hard line taken by Germany. Read More Here

(MailOnline) – Banker Bob’s £63m jackpot: Anger and disgust as scale of City fat-cat culture hits new record

One of Britain’s richest bankers has landed a record pay package of £63.3million. Read More Here

(GlobalResearch) – Greenspan is Back – Mike Whitney

Greenspan is back. Maestro is scheduled to appear at the Brookings Institute today to deliver a 48 page explanation of why his low interest rates and regulatory neglect did not cause the financial meltdown. The contents of the ex-Fed chief’s apologia have already been released to the press. It’s just more finger-pointing and buck-passing; 48 pages of the-dog-ate-my-homework excuses in Greenspan’s cryptic Fed-speak. Read More Here

(GlobalResearch) – Rampant Unemployment across America: 35 Cities Suffer Unemployment Above 15%

Unemployment rates continue to rise, with the majority of U.S. metropolitan areas showing an increase in January, according to a government report. Read More Here

(SHTFPlan) – FDIC Closes Seven Banks, 2010 Total Climbs To 37

Federal Reserve Chariman Ben Bernanke in a speech in Orlando suggested that we will not see the bailing out of banks as we saw in 2008 and 2009: Read More Here

(WashingtonPost) – When drug makers’ profits outweigh penalties – Read More Here

German Central Bank Admits that Credit is Created Out of Thin Air

(WashingtonsBlog) – Most people think that banks lend solely from their base of deposits. Some also know that with fractional reserve banking, they can loan out many times more than they actually have in reserves.

Obama Urges Senators to Drastically Expand Fed Power

(RawStory) – US President Barack Obama on Saturday urged senators to grant the Federal Reserve a dramatic expansion of its regulatory powers and to establish a new consumer protection committee to help safeguard Americans from Wall Street’s excesses.

Economy

(CBCNews) – European fraudsters steal $7B in carbon credit scam

Fraud within Europe’s carbon credit trading system has cost taxpayers more than $7 billion in the last 18 months, European police said Friday. Read More Here

(Bloomberg) – Yuan Poised to Become Reserve Currency, Goldman’s O’Neill Says

China’s yuan is destined to become a global reserve currency rivaling the dollar and the euro, as the nation’s economic power increases the currency’s allure, said Jim O’Neill, chief economist at Goldman Sachs Group Inc. Read More Here

(Telegraph) – Quarter of adults out of work, official figures show

More than one in four adults in Britain are not working, after a record number left the workforce in recent months, official figures indicated. Read More Here

(MyBudget360) – The Anti-Savings Model – Offer 0.1% APY on Savings Accounts and Charge 15% on Credit Cards. A System Designed to Punish Savers and Encourage Extravagant Spending via Usury. Read More Here

(Reuters) – NY Atty Gen seeks probe of public retiree payments

New York authorities, agencies, and local governments that pay public workers some of the highest salaries and benefits in the state must explain how they are calculated, the attorney general said on Thursday in a new bid to root out abuses. Read More Here

(Yahoo) – Bernanke Wants to Eliminate Reserve Requirements Completely Read More Here

(Telegraph) – Latvia government collapses amid economic crisis

Latvia’s coalition government has collapsed after failing to tackle a crippling economic crisis. Read More Here

(NPR) – U.S. Bank Auditors Got Bonuses Before Crisis

Banks weren’t the only ones giving big bonuses in the boom years before the worst financial crisis in generations. The government also was handing out millions of dollars to bank regulators, rewarding “superior” work even as an avalanche of risky mortgages helped create the meltdown. Read More Here

(SilverBearCafe) – Idaho’s plan to downgrade the dollar

A bill to allow citizens to pay their taxes with silver medallions gains support. Goldbugs are watching closely.Read More Here

Expose Transgressions and Set Boundaries on Stimulus Packages

AIG dragged onto the carpet for publishing falsified debt ratings, fines called for when fraud charges should be laid, white collar crime knows no end, books cooked, real estate downside points to deflationary depression, debt continues to grow, borrowing in the debt market again. stimulus packages knowing now boundaries. Read More Here

(AlterNet) – How the IRS Helps H&R Block Scam Taxpayers

Tax preparation giants are making a killing on short-term, high-interest, fee-laden loans on tax returns. Read More Here

(WCBSTV) – New York State Tax Refunds Put On Hold

Gov. Paterson Freezes $500 Million, Says Financial Situation The Case, Won’t Start Sending Again Until April 1 Read More Here

(WND) – YOUR PAPERS, PLEASE … Census threat: $5,000 fines

U.S. congressman slams ‘Big Brother’ questions Read More Here

(AuctionBytes) – IRS to Track Online Sellers’ Payment Transactions Beginning Next Year – Read More Here

(DailyMail) – £1,000 fine for using wrong bin: Families face new crackdown over household waste

Householders could be fined up to £1,000 if they fail to comply with complex new rules on refuse sorting. Read More Here

The next big bailout is on the way. Prepare to get reamed! – Mike Whitney

(SmirkingChimp) – Housing is on the rocks and prices are headed lower. That’s not the consensus view, but it’s a reasonably safe assumption. Master illusionist Ben Bernanke managed to engineer a modest 7-month uptick in sales, but the fairydust will wear off later this month when the Fed stops purchasing mortgage-backed securities and long-term interest rates begin to creep higher. The objective of Bernanke’s $1.25 trillion program, which is called quantitative easing, was to transfer the banks “unsellable” MBS onto the Fed’s balance sheet. Having achieved that goal, Bernanke will now have to unload those same toxic assets onto Freddie and Fannie. (as soon as the public is no longer paying attention)

Video: Stimulus, the Debtors Lament

Video: Michael Moore Explains “What The Citizens Have To Do!”

Moore supports Hegelian Dialectic

(MSNBC) – March 15, 2010 – Keith Olbermann

NY Fed Under Geithner Implicated in Lehman Accounting Fraud Allegation

(NakedCapitalism) – Quite a few observers, including this blogger, have been stunned and frustrated at the refusal to investigate what was almost certain accounting fraud at Lehman. Despite the bankruptcy administrator’s effort to blame the gaping hole in Lehman’s balance sheet on its disorderly collapse, the idea that the firm, which was by its own accounts solvent, would suddenly spring a roughly $130+ billion hole in its $660 balance sheet, is simply implausible on its face. Indeed, it was such common knowledge in the Lehman flailing about period that Lehman’s accounts were sus that Hank Paulson’s recent book mentions repeatedly that Lehman’s valuations were phony as if it were no big deal.

Video: Ron Paul – The Fed is Responsible for the Crisis

(Bloomberg) – The secretive Federal Reserve is responsible for the economic crisis and giving it more power makes no sense whatsoever, Ron Paul said in today’s Bloomberg interview.

Economy

(LondonEveningStandard) – Riots in Athens as thousands protest against cutbacks

Masked youths stoned police outside Greece’s parliament today in protest at cutbacks proposed to try to end the country’s debt crisis. Read More Here

(TheNewspaper) – Federally Funded “Ticket Blitz” in Virginia

A federally funded ticketing blitz in the state of Virginia landed a total of 6996 traffic tickets this weekend. The blitz, dubbed “Operation Air, Land & Speed” coincided with frantic efforts by state officials to close a$2.2 billion budget deficit. Read More Here

(YahooFinance) – U.S. Taxpayers on Hook for $5 Trillion of Fannie, Freddie Debt… No Matter What Barney Frank Says

House Financial Services Chairman Barney Frank caused a bit of an uproar Friday when he suggested the U.S. government does not guarantee the debts of Fannie Mae and Freddie Mac. Read More Here

(HuffingtonPost) – Stop the Federal Reserve From Shredding Its Records

Should the policymaking committee of the most powerful peacetime entity in the United States government be allowed to destroy their source records? The Federal Open Market Committee of the nation’s central bank, an intricate part of the United States government may be continuing to destroy its source records, a policy it began in 1995 with an unrecorded vote -no fingerprints – conducted by then Chairman Alan Greenspan. Read More Here

(NYTimes) – Program Will Pay Homeowners to Sell at a Loss

In an effort to end the foreclosure crisis, the Obama administration has been trying to keep defaulting owners in their homes. Now it will take a new approach: paying some of them to leave. Read More Here

(BobChapman) – Structural Weakness of the US Dollar. The Dollar Rally will not last

Every important factor we see is working against the dollar and we believe that trend is irreversible. That means the present dollar rally probably cannot endure and it could well be the time to short the USDX. Read More Here

(RussiaToday) – Video: No Bailouts in Iceland

People in Iceland have rejected their government’s pledge to repay a debt of more than US$5 billion left by the collapse of Icesave Internet bank. 93 per cent of people voted “no” in a referendum. Video Link Here

(BBC) – Britain: Fake Storefronts Soothe Consumers During Recession

Fake businesses are to be used to lessen the impact of the recession on high streets in North Tyneside. Read More Here

(WSJ) – U.S. Monthly Budget Deficit Balloons to a Record $651.60 billion

Even as government receipts posted a rare increase in February, soaring outlays pushed the country’s year-to-date deficit up to a record $651.60 billion. Read More Here

(MSNBC) – Financial reform tips toward bankers

As Congress this week inches toward a new set of rules to avert another global financial collapse, it is focused on two conflicting goals: reforming the banking system to protect consumers while still giving lenders the freedom to take risks. Read More Here

(WSJ) – Treasury Plans to Take Social Security from Elderly for Unpaid Loans

A little–noticed law could soon result in smaller Social Security checks for hundreds of thousands of the elderly and disabled who owe the U.S. money from defaulted loans and other debts more than a decade old. Read More Here

(AP) – Budget deficit sets record in February

The government ran up the largest monthly deficit in history in February, keeping the flood of red ink on track to top last year’s record for the full year. Read More Here

(CNN) – Welcome to the United States of Iceland

It’s time to start paying attention to the financial sinkhole that Iceland is trying to climb out of — the view from inside of it is eerily similar to our own. Read More Here

(InfoClearingHouse) – Economist Lewis Black Tells It Like It Is

ADULT CONTENT WARNING: If you’re not familiar with Lewis Black, I’d turn back if I were you.
Lewis Black is funny. Dangerously funny. That he has such a large audience and still packs plenty of politics in his shtick gives one hope for the fate of our sorry species. So I figured it’s time I learned something from him. Read More Here

(TheKansan) – RHOADES: State revenue has another $108 million shortfall – Read More Here

(WashingtonsBlog) – Unemployment: Better, Worse or Less Bad? – Read More Here

America’s Impending Master Class Dictatorship

(Kitco) – FOREWORD: At certain times, focusing on the big picture is important not just for investment success, but for personal welfare, and even survival. We believe such times are here. It is estimated that 98% of Americans have never held a gold coin in their hands. Yet 100% of Americans regularly handle Federal Reserve Notes. From a contrarian standpoint, the financial message from those two statistics is clear. Even so, gold is much more than money or an investment medium; it stands for liberty and throughout history has facilitated escape and ensured freedom.

Video: Ron Paul – If the Fed didn’t exist there would be no deficits

(CBS) – March 3, 2010 – Ron Paul spoke with Bob Schieffer of CBS News about his primary victory and his allegations against the Federal Reserve.

Video: Marc Faber ‘The Wizard of Economic Oz’ on CNN

March 5, 2010

See Also: Peter Schiff on the FED – North Haven, CT – March 6, 2010 – View Video Here

Economy

(WSJ) – Greeks Brace for More Strikes, Protests

Escalating strikes and street protests this week will test the Greek government’s ability to see through its austerity strategy. Despite fears of social unrest, most Greeks appear to accept that severe budget cuts are inevitable in the face of the country’s debt crisis. Read More Here

(PressTV) – UK civil servants plan massive strike

Up to 270,000 civil servants are to strike for 48 hours across the UK, in what will be the biggest industrial action by the sector in two decades. Read More Here

(HuffingtonPost) – Fed To Keep Bank Oversight

The Federal Reserve has won its battle to maintain singular regulatory oversight of America’s major financial institutions, the Financial Times reported Sunday night. Read More Here

(ZeroHedge) – State Tax Revenues Plummet By $87 Billion, Biggest Year Over Year Decline In History; Record State Tax Hikes In Progress

The Center on Budget and Policy Priorities has released a report “State Tax Changes in Response to the Recession” in which the center notes that “national recession has had such a devastating effect on state finances that states took in $87 billion less in tax revenue from October 2008 through September 2009 than they collected in the previous 12 months. Read More Here

(Gothamist) – NY Soda Tax: Ready to Pop

In NY state, Big Gulps are poised to become the new cigarettes. Health officials say they’re ready to instate a tax on fizzy drinks that contribute to obesity rates; they want to charge an extra cent for every ounce of sugary soda (diet sodas are exempt since they contain no calories). Read More Here

(Bloomberg) – ‘On the Edge’ Banks Face Writedowns on FDIC Auctions (Correct)

A Federal Deposit Insurance Corp. plan to auction more than $1 billion in assets seized from failed banks next month, including a loan to build a W Hotel in Atlanta, may trigger writedowns that weaken lenders nationwide. Read More Here

(PressTV) – China ready to say goodbye to dollar

The head of China’s Central Bank has declared that the country is ready to end pegging its currency in dollars, but said that any changes would be gradual. Read More Here

(BusinessInsider) – Indonesian Mob Wants Blood After Treasury Secretary Spends A Fortune Bailing Out Banks

Tensions are high in Indonesia as it appeared that a months-long investigation into the $700 million bailout of Bank
Century will end without prosecution of the country’s finance minister and vice president. Read More Here

(CounterPunch) – The Untouchable Budget – Defense Department, Inc.

President Obama called his $3.8-trillion budget a big step in restoring America’s economic health. Last year he promoted TARP, the Troubled Assets Relief Program to bail out the financial sector at a mere $700 billion. Anyone – even billionaire bankers — can make mistakes that wreak ruin on the rest of us! Read More Here

(Telegraph) – Northern Rock still in red for third year running with £400m losses

Northen Rock made multi-million pound losses for a third year running in 2009, the nationalised lender will reveal this week. Read More Here

(CSMonitor) – Robber barons? Meet robber TARP

The federal government’s TARP program was a cover for a massive income transfer from the productive to the unproductive classes in society. Read More Here

(EpochTimes) – U.S., China In Chess Game Over Debt

Last month, the U.S. Treasury Dept. revealed that China sold a record amount of Treasury bonds last December, raising a question over how China—a top hold of U.S. debt—could potentially alter the fortune of the U.S. economy. Read More Here

(InfoClearingHouse) – To Hell In A Handbasket

I live in New York. To say that the politics of my state are dysfunctional would be like saying that Adolph Hitler could sometimes be not such a nice fellow. It’s all true, of course. It just doesn’t do just justice to the scope of the crimes committed. Read More Here

(BusinessWeek) – Failed Banks May Get Pension-Fund Backing as FDIC Seeks Cash – Read More Here

(RGJ) – Nevada lawmakers’ reliance on temporary fixes creates $3 billion hole – Read More Here

(Freep) – Bleak future predicted for Michigan schools

Michigan public schools will lay off thousands of employees and more than 100 districts could be insolvent if the state doesn’t find a way to plug a $400-per-pupil funding shortfall in funding next year. Read More Here

(EclippTV) – How Goldman Sachs (Rothschild’s) took over the world

Well they are the most powerful firm on Wallstreet but actually they are an outlet of the Rothschild’s who have spread their power under different names into this century and the prior one. They create new entities to hide the web the have created of which the Bilderberger is one and Soros is another. The 30 mil. think tank I wrote about in an earlier post is the brain of the Obama administration and his closest advisers are all from the Rothshild boys from RUBIN, SUMMERS, VOLCKER and second tier next generation breed like Geithner. Emanuel and many more. Read More Here

Economy

(FinancialSense) – Recession, Depression, or Systematic Breakdown

As crooked politicians, Federal Reserve hacks, and cheerleading media pundits inform you the recession is over, you probably have a sneaking suspicion they are lying. Read More Here

(LewRockwell) – Gold Money: Power to the People

Before I explain the title of this report, I want to prove to you that Americans are losing their liberties, day by relentless day. I also want to prove to you why it is that, unless there is an economic breakdown so severe that Washington D.C. goes broke, we will not get back these surrendered liberties. My demonstration will take approximately three minutes. For skeptics, it may take five minutes. Read More Here

(SilverBearCafe) – Silver is the best investment in the world

One cannot pick tops and bottoms and short term forecasting is for fools. Nevertheless, one has to do their best to see overall bottoms and tops. We feel silver has bottomed at the $16 level and it’s time to back up the truck. Read More Here

(EconomicPolicyJournal) – Condition Red: More Hidden Greek Debt Exposure Discovered

According to a report out last week, there is huge off-balance-sheet debt guaranteed by Greece and the other PIIGS, Portugal, Italy, Ireland and Spain. In addition to similar debt guarantees issued by other governments. Read More Here

(AFP) – Icesave referendum casts cloud of uncertainty over Iceland

Iceland’s economic and political future hangs in the balance as it heads towards a referendum on how to compensate Britain and the Netherlands for money lost in the collapse of an Icelandic bank. Read More Here

(SeekingAlpha) – How Have U.S. Stocks Defied Gravity for So Long?

This Tuesday will mark the anniversary of last year’s US stock market low. Since then the market has rallied by 70 percent in a recovery only slightly less suspicious than a Madoff hedge fund. Read More Here

Video: St. Petersburg’s Self-destructing Economy Part 4

In this video I show multiple vacant prime location commercial properties located throughout the greater St. Petersburg area. – Video Link Here

Video: Walmart Wants You Dead – How Walmart Screws it’s Employees

Walmart takes out Life insurance policies on its own employees called “Dead Peasant Policies” but then refuses to pay one of it’s own employee’s health benefits when she needed it the most. – View Video Here

(NYPost) – Frank retreats on debt

Powerful lawmaker Barney Frank had to pull his foot out of his mouth yesterday.

The Massachusetts Congressman rattled investors when he said the US Treasury won’t be responsible for bailing out investors holding the more than $5 trillion of mortgage-linked securities issued by Fannie Mae and Freddie Mac — the ailing mortgage companies at the center of the junk mortgage crisis. Read More Here

(AuctionBytes) – IRS to Track Online Sellers’ Payment Transactions

Internet sellers who don’t report their sales will no longer be under the radar. Starting next year, any bank or other payment settlement company that processes credit cards, debit cards, and electronic payments such as PayPal will have to issue information returns telling the IRS what merchants receive. The new returns are Form 1099-K, Merchant Card and Third-Party Payments. Read More Here

(C4L) – The Dominos of Default

The bad news for Greece is that despite some help from abroad, and some attempts at internal reform, investors are still leery of the troubled state. The good news, if you can call it that, is that they will soon have company in the penalty box. Read More Here

(BusinessInsider) – Goldman Says Matt Taibbi, Zero Hedge, Louise Story, And Janet Tavakoli Have Become Risks To Its Business – Read More Here

Obama’s Phony Populism

(C4L) – President Obama likes to portray himself as a man of the people. But a look behind the veil shows this to be a deception. Take the financial regulatory overhaul brewing in Washington.

IMF-style Austerity Measures Come to America – Ellen Brown

(WebofDebt) – In addition to mandatory private health insurance premiums, we may soon be hit with a “mandatory savings” tax and other belt-tightening measures urged by the President’s new budget task force.  These radical austerity measures are not only unnecessary, however, but will actually make matters worse.  The push for “fiscal responsibility” is based on bad economics.

Nobel Prize-Winning Economist: Federal Reserve System is Corrupt and Undermines Democracy

(WashingtonsBlog) – Joseph Stiglitz – former head economist at the International Monetary Fund (IMF) and a nobel-prize winner – said yesterday that the very structure of the Federal Reserve system is so fraught with conflicts that it is “corrupt” and undermines democracy.

Video: Ron Paul on the Alex Jones Show

Alex gets an update from physician and Republican Congressman for the 14th congressional district of Texas, Ron Paul.

Video: Barney Frank Demands Bernanke Probe Fed Involvement In Watergate Scandal And Iraq Arms Sales Following Ron Paul Questioning

(ZeroHedge) – A week ago Ron Paul asked Ben Bernanke a series of questions, which the Chairman and pundits immediately dismissed as “bizarre” and an indication that the potential presidential candidate has finally lost it (among these was a very nuanced question whether or not the Fed is buying sovereign debt, something which Bernanke disclosed in 2002 is a distinct possibility and an action the Fed is permitted to do). Chief among these were queries arising from the work of U of T professor Robert Auerbach, and specifically his book “Deception and Abuse at the Fed” (not available on Kindle), which seek information on whether the Fed was involved in the Watergate scandal and, subsequently, in Iraqi weapons purchases.

Is The Recovery Real? – Paul Craig Roberts

Happy news! The government has come up with a 5.9 percent GDP growth rate in the fourth quarter of 2009. The recession is over.
Or is it? Statistician John Williams has informed us that 69 percent of this growth, or 4.1 percentage points, is the result of inventory accumulation. That leaves a 1.8 percent growth rate, and the 1.8 percent is likely due to the underestimate of inflation and other statistical problems.

Ron Paul vs. Bizarre Ben Bernanke – Ron Paul

Before the US House of Representatives, February 25, 2010

Madame Speaker, I would like to enter into the record the following letter from Professor Robert D. Auerbach, a professor at the LBJ School of Public Affairs at the University of Texas. This letter provides additional information regarding remarks I made at yesterday’s Financial Services Committee Humphrey-Hawkins hearing, remarks which Federal Reserve Chairman Bernanke categorized as “bizarre.”

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

Video: Ron Paul – sound money essential to limited government

(Fox) – February 27, 2010

Video: On the Edge with Max Keiser – Ellen Brown

Obama Appoints Federal Reserve Operative to Debt Panel

(KurtNimmo) – It can’t get more surrealistic. Obama has appointed a former member of the primary organization responsible for socking future generations with crushing debt to a government panel ostensibly designed to address that engineered debt.

The Bank of the Fed is Closed… Forever – Robert Singer

(Infowars) – In an effort to explain our escalating financial crisis, an American Nightmare (an Environmental Dream), the pundits are focusing their angst on the 44th POTUS, who might very well go down as the single most inept president in all of American history. (How to Squander the Presidency in One Year, David Michael Green)

Professor Auerbach Provides More Evidence of Fed’s Coverup Regarding Watergate and Iraq

(WashingtonsBlog) – Editor’s note: More evidence of criminal behavior. Fire Bernanke and End the Fed!

Professor Robert Auerbach was kind enough to send me an email to let me know that Ron Paul read the following letter written by Auerbach into the Congressional record today

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.”