Video: Troktiko – Controversial Greek blog administrator is assassinated

(DomainGang) – BREAKING NEWS – The administrator of the most popular political and social blog in Greece, “Troktiko” – the Rodent – was assassinated after being shot with 20 bullets.

Known for its controversial political articles, stigmatizing the former, right wing government of New Democracy, Troktiko became the most popular, Greek-owned destination in Greece. With an Alexa ranking of 869 globally, Troktiko.blogspot.com surpassed many international web sites in traffic.

The administrator of Troktiko, journalist writer and radio producer Socrates Giolias aged 37, was executed with a barrage of bullets, outside his residence around 5:20am local time today, in Ilioupolis – a suburb of Athens, in Greece. Continue reading

Economy

(RussiaToday) – Video: The G8 “Solution” to the Crisis is the Cause of Economic Collapse – Michel Chossudovsky

(CGG) – Capital Gold Group Report: Where is gold headed from here? Quotes from Peter Schiff and David Rosenberg

Peter Schiff, President & Chief Global Strategist of Euro Pacific Capital, told Business Week recently that, “People are afraid of the debasement of all the currencies. What’s surprising is that gold is still as low as it is … Gold could reach $5,000 to $10,000 per ounce in the next 5 to 10 years.” Read More Here

(CGG) – Capital Gold Group Report: “Gold Is Increasingly Being Viewed As A Currency Of Its Own” – Read More Here

(Goldseek) – Why Many Analysts See Gold Going As High As $10,000 Read More Here

(WSWS) – US Supreme Court ruling favors convicted corporate swindlers

The US Supreme Court has significantly restricted the ability of federal prosecutors to bring criminal charges against corrupt politicians and corporate CEOs who plunder their own companies, setting strict limits on the use of a 1988 law making it a crime for such officials to deprive constituents or shareholders of their “intangible right of honest services.” Read More Here

(Guardian) – Greece Ready to Sell Rhodes, Mykonos to Investors – Read More Here

(WashingtonsBlog) – Congress Pimps Out the American People

We knew Congress was just pimping out the American people, and partying at our expense.

But it is still disgusting to see Congressman Barney Frank, Senator Chris Dodd and the rest selling out the American dream. Read More Here

(MSNBC) – Romanian court: Some budget cuts unconstitutional

A top Romanian court ruled Friday that some of the austerity measures proposed by the government were unconstitutional — a move that will likely delay a crucial multibillion loan from the International Monetary Fund. Read More Here

(Guardian) – Greece starts putting island land up for sale to save economy – Read More Here

(Reuters) – UPDATE 2-Italians strike over Berlusconi’s austerity budget

Tens of thousands of demonstrators marched through Italian cities on Friday during a general strike by Italy’s largest union to protest at cuts by Prime Minister Silvio Berlusconi’s conservative government. Read More Here

(Bloomberg) – States of Crisis for 46 Governments Facing Greek-Style Deficits

Californians don’t see much evidence that the worst economic contraction since the Great Depression is coming to an end. Read More Here

(ZeroHedge) – ECRI Leading Economic Index Plunges At -6.9% Rate, Back To December 2007 Levels When Recession Officially Started – Tyler Durden

It’s getting close: the fabled -10% annualized change (see David Rosenberg) which guarantees a recession is now just 3.1% away, which at this rate of collapse will be breached in two weeks. Read More Here

(RussiaToday) – Video: Tarpley: ‘Obama’s plans are hogwash’

As demonstrators get ready to descend upon the G-20 Summit to protest against the establishment, the heads of state might be getting ready to protest each other. At the forefront of the conference is the United States and China, clashing already over possible money manipulation. Webster Tarpley says that President Obama’s administration is sabotaging Blanche Lincoln’s bill in congress that bans derivatives. View Video Here

(RussiaToday) – Celente: The US is run by Wall Street

(June 25) – Video: Bob Chapman – Obama’s Asset Holder ‘Vanguard’ Sold BP Stock Weeks before Gulf Oil Disaster!

[[ Day 63: Obama To Earn Nearly $85 Million From Gulf Oil Disaster ]]
“Goldman Sachs wasn’t alone either in its astute “foreknowledge” of the collapse of BP’s stock value due to the Gulf disaster as BP’s own chief executive, Tony Hayward, sold about one-third of his shares weeks before this catastrophe began unfolding too.
But according to this FSB report the largest seller of BP stock in the weeks before this disaster occurred was the American investment company known as Vanguard who through two of their financial arms (Vanguard Windsor II Investor and Vanguard Windsor Investor) unloaded over 1.5 million shares of BP stock saving their investors hundreds of millions of dollars, chief among them President Obama. Continue reading

Economy

(CSPAN) – Video: Ron Paul – Bailing out foreign governments – View Video Here

(Sky) – Video: Chinese dumping worthless DOLLARS AND EUROS for Gold

(BusinessWeek) – Video: What Good Are Economists Anyway?

Why they failed to predict the global economic crisis—and why their help is still crucial to a recovery Read More Here

(ZeroHedge) – The correction is coming and it will be a bloodbath

The correction, soon to be crash, is here: the market had a bigger relative open to close move today than it did on May 6. We closed at the day’s lows on massive volume, despite definitive central bank intervention, regardless whether it was the SNB, the ECB, or the Fed. The central planners have lost control of the market, and all thanks to the inevitable collapse of hyper capitalist Keynesianism coming out of the formerly most communist country in the world. Read More Here

(LeMonde) – The Greek People are the Victims of a Carefully Engineered Financial Extortion Racket

What is happening in Greece concerns all of us. The people are paying for a crisis and a debt that are not their own. Today it is the Greeks, tomorrow it will be others, for the same causes will produce the same effects if we allow it. Read More Here

(TimesOnline) – Euro in danger: Germans trigger panic over future of single currency – Read More Here

(ZeroHedge) – Pan-European Bank Run Is Now On: Capital Flight From UK To Switzerland, As GBPCHF Intervention Strikes Next – Read More Here

(Reuters) – Wall Street slumps on euro-zone fears

Stocks dropped on Thursday, with all major indexes sliding more than 3 percent on growing fears that the euro zone’s handling of its sovereign debt crisis could jeopardize the global economic recovery. Read More Here

(RussiaToday) – Video: Euro Collapse Looms? Engdahl on Naked Short Selling Ban

Germany’s Chancellor Angela Merkel says the Euro currency is at risk and that Europe faces its greatest challenge since the EU was formed. It comes as stock markets in Europe and Asia tumbled on the surprise news that Berlin was banning types of ’short selling’ where investors profit by betting that shares will drop in value.

Economic Headline Doom News With Links

Financial Reforms ‘Cosmetic’ , Wont Stop More Crisis : Roubini
Report: Increase in Payroll Taxes Needed for Social Security
Home Building Gains Likely to Fade with Tax Credit
Texas Doctors Opting Out of Medicare at Alarming Rate
Oklahoma : $200 Million in Delinquent Taxes Uncollectible
Hawaii Foreclosures Filing Soar 115% in April
Gov. Paterson NY Threatens Cutting 10,000 Jobs
More Store Closing Hit Grand Avenue Downtown Milwaukee Shopping Center
Small Businesses not hiring
Video: The Growing Gap Between Rich and Poor
Oyster Industry Takes Hit From Oil Spill
Why Greece Should Consider Default
Mayor Bell: Announces City of Birmingham 10% Cut in Workers Pay
Yonkers School District NY, Trying to Close $43 Million Deficit
Investors Should Avoid Banks at all Cost: Meredith Whitney

(HousingWire) – FBI Mortgage Fraud Investigations Jump 400% in Five Years

FBI investigations of mortgage fraud increased 400% in 2009, compared with five years earlier, according to an Office of Thrift Supervision (OTS) report on fraud and insider abuse (download here). Read More Here

(Bloomberg) – Jobless Claims in U.S. Unexpectedly Increase as Dismissals Remain Elevated

More Americans unexpectedly filed applications for unemployment benefits last week, showing firings remain elevated even as employment climbs. Read More Here

(Reuters) – Greek strikers march on parliament against austerity

Thousands of striking Greeks marched peacefully to parliament on Thursday in a protest against government austerity measures that was much smaller than a huge rally that led to rioting on May 5. Read More Here

(WebsterTarpley) – Tentative First Steps in Europe’s Self-Defense Against Zombie Bankers and Hedge Fund Hyenas

Germany and Europe have now made some promising initial steps in the direction of their necessary self-defense against the depredations of those zombie banks and hedge fund hyenas who have been organizing a massive speculative attack on Greece, Spain, Portugal, and Italy with a view to destabilizing the euro and perpetuating the world hegemony of the troubled US dollar. Read More Here

(ZeroHedge) – Video: Live Feed From Athens As 100,000 Greeks Go On Strike, Consider Storming Parliament Again

The last time Greeks were shown to be storming their parliament on live TV, we got a 1,000 point drop on the Dow Jones. Today, another 100,000 protesters of austerity are expected to hit the streets as the entire country is essentially shut down. View Live Here

(BusinessInsider) – MARKETS CRUSHED: FLASH CRASH THURSDAY 2.0? – Read More Here

Video: Celente – 2010 Year of the Bubble

Trends forecaster predicts the complete collapse of the dollar. – Video Link Here

(GoldScents) – FOCUS ON WHAT MATTERS

I know this is hard to do, especially when one is weathering draw downs. And of course a liberal dose of gloating from the bears during these times doesn’t help either. But let’s not get sidetracked by the little things and let’s face it, the haters are going to show up every time gold corrects. We really should be used to that by now. They’ve been doing it for 10 years. Read More Here

(TheLoomingDoom) – Superhyperinflation Just Around The Corner

The Looming Doom has learned leading experts are advising the Obama Administration that the U.S. is poised to experience the most painful economic cycle of all: the Super-Hyper-Inflation Trauma (SHIT). While there is yet slight division amongst the experts as to whether the U.S. is already in SHIT or not, once the U.S. is fully in deep SHIT, there is no quick fix. Furthermore, if the SHIT is too deep, the economy may never recover. Continue reading

Video: The Reality Report – Gary Franchi

Video: REAL ID in AZ Immigration Bill – Reality Report Special Interview

Mark Lerner, Co-Founder of the Constitutional Alliance, returns to the Reality Report to breakdown the Arizona Immigration Bill and how it relates to REAL ID by transmitting data to Department of Homeland Security Databases. Are you OK with this? Leave your comments below? Video Link Here

Video: Biometrics Exemption Bill – Reality Report Special Interview

Mark Lerner, Co-Founder of the Constitutional Alliance, returns to the Reality Report to discuss new legislation he’s working on to allow for exemption from registering from databases that require biometrics information. Leave your comments below! Video Link Here

Video: Staff Sgt. Refuses Gun Grab – Reality Report Special Interview

The Reality Report presents an interview by Stewart Rhodes of Oath Keepers with Staff Sergeant Joshua May. They discuss how Sgt. May of the Utah National Guard refused to take guns away from people during Hurricane Katrina. Video Link Here

Video: Zibgniew Brzezinski Denounces Political Awakening – NEWS ALERT

Gary Franchi  presents a new video of Zibgniew Brzezinski, member of the Trilateral Commission and the Council on Foreign Relations, admitting that the mass political awakening of the American people is putting a damper on their Globalist agenda. Help us make this video go viral. Please leave comments below. Video Link Here

Video: Kissinger’s Trilateral Commission Connection – Reality Report

Check out this latest installment with Patrick Wood, founder of the August Review, as he discusses the connection between former Secretary of State Henry Kissinger and the Trilateral Commission. He also dissects Kissinger’s relationship with President Barack Obama. Let us know what you think at Feedback@Freedom.TV! http://www.AugustReview.com View Video Here

Video: Eyewitness to Greek Riots – Reality Report Special Interview

Gregory Polites joins Gary Franchi on the Reality Report to discuss his first hand experience during the national riots in Greece. – Video Link Here

Video: US / Greece Economic Parallels – Reality Report Special Interview

Gregory Polites joins Gary Franchi on the Reality Report to discuss the current economic situation in Greece. He also warns that the United States needs to learn from what is occurring overseas, as the Euro is losing its value. Video Link Here

Video: Why The Greek Economy Crashed – Reality Report Special Interview

Gregory Polites joins Gary Franchi on the Reality Report to discuss the current economic situation in Greece. He also warns that the United States needs to learn from what is occurring overseas, as the Euro is losing its value. Video Link Here

Video: The Government As Identity Thieves – Ron Paul

(C4L) – The spotlight remains on the Greek sovereign debt crisis as the riots continue. The terms of the Greek bailout from the IMF and Eurozone countries remain contentious with citizens on all sides. Europeans hate having their governments throw public money away as much as Americans do. The Greeks are not happy about having their taxes raised while their pensions and salaries are cut. Meanwhile, it is rumored by the Financial Times, AFP and others that Greece may spend more than it saves from austerity measures on arms deals with Germany, France and the US as a potential condition of receiving bailout funds. If true, it is certainly not unprecedented for the global military industrial complex to benefit from deals made by their friends in the central banking community. After all, war is the health of the state. The last thing big government proponents want is for peace to break out in the world. Continue reading

Monetary Dictatorship

(CampaignForLiberty) – If you’re an American taxpayer, you should expect to receive a thank-you note from dole recipients in Greece fairly soon. The reason is that Barack Obama, working with his cohorts at the Federal Reserve, is using your money to bail out the Greek welfare state, thereby enabling dole recipients in Greece to continue receiving their dole.

The problem is that for decades the Greek government has been doing what the U.S. government and many other regimes have been doing: borrowing to the hilt to fund dole payments to welfare recipients. In the hope that Euro officials would not discover how bad things were in Greece, Greek officials were falsifying their financial reports. Unlike the U.S. government which has a Federal Reserve central bank, the Greek government couldn’t simply print up the money to pay off its debts. That’s because it’s part of the Euro zone, where German officials have traditionally opposed such a policy. Continue reading

Video: Keiser Report № 42 – Markets! Finance! Scandal!

This time Max Keiser and co-host Stacy Herbert look at the scandals of perfect trading days; PIIGS flying only to fall to earth five minutes later when markets realize the Euro-Tarp financiers are themselves bankrupt debt pigs; and Max Keiser explains high frequency terrorism in the Manchurian candidate markets. In the second half of the show, Max interviews post-neoclassical economic philosopher Damon Vrabel about the European bailout, the financial empire and the IMF, and how the right kind of republic can provide some solutions.

Video: When Will Greek Contagion Hit the U.S.? – Marc Faber

(FoxBusiness) – May 10 – The Gloom, Boom and Doom Report Publisher Marc Faber weigh in on the future of the global and U.S. markets. Continue reading

Video: Greg Palast – “Remove the Bloodsuckers”

(TheExcavator) – The solution to the Greek crisis, and the global debt crisis, is simple according to investigative reporter Greg Palast. In his 2001 article called “The Globalizer Who Came In From the Cold,” Palast suggests that we should “remove the bloodsuckers,” who are the global financial wizards that work at the IMF, WTO and the World Bank and practice the art of dark finance. Palast details the step-by-step plan of how these transnational economic parasites bring entire nations to ruin, which he learned after he gained a hold of some precious World Bank documents that laid out the banksters’ game-plan of how to harness the financial will of sovereign nations and use it against them. Palast also talked with Joseph Stiglitz, the former Chief Economist of the World Bank and a Nobel prize winner, for the piece. Continue reading

Video: Greece riots – 100,000 fight against harsh cuts in Athens financial crisis protests

See Also:

(CNN) – Video: Greece Descends Into CHAOS! – Video Link Here

(BusinessInsider) – Pictures Of The Most Violent Greek Riot Yet – Read More Here

(GlobalResearch) – Greece: Poverty and Social Implosion in the Wake of the Financial Bailout

“This is not our debt, but we are being made to pay for it,” said one angry Greek worker, explaining why he like thousands of other Greeks are taking to the streets in protest at their country’s bail-out plan. Read More Here

(KurtNimmo) – Deadly Greek Bank Fire Blamed on Opposition to IMF Austerity

How to discredit growing opposition to “austerity” measures? Kill a few people. It looks like this may be what happened in Greece today. Read More Here

(TimesOnline) – Greeks begin two-day strike as banking system is saved from meltdown

Greek public sector workers today began a 48-hour national strike that is a first test of the Government’s ability to enact new austerity measures agreed with the EU and IMF in return for billions of euros in aid. Read More Here

Video: Greece erupts as men from IMF prepare to wield axe

(SundayTimes) – MAY DAY protests in Greece turned violent yesterday as youths in gas masks and hoods set fire to vehicles, smashed shop fronts and threw molotov cocktails and rocks at police in an explosion of fury over austerity measures they claim will hurt only the poor.

Tourists were cut off from their hotels as thousands of communists, civil servants and private-sector workers converged on a main square in Athens to vent their rage at the European Union and the International Monetary Fund (IMF). Continue reading

Economy

(BusinessInsider) – CHART OF THE DAY: 49 Out Of 50 State Economies Are Still Underwater – Read More Here

(Telegraph) – ECB may have to turn to ‘nuclear option’ to prevent Southern European debt collapse – Read More Here

(Bloomberg) – College Graduates’ Debt Load May Outstrip Ability to Repay

Students, especially at for-profit universities, are leaving college in the U.S. with a debt load large enough to raise questions about the ability of many to repay loans, a study found. Read More Here

(EconomicPolicyJournal) – Trillion Dollar Bailout for Greece – Read More Here

(Telegraph) – Goldman boss Lloyd Blankfein denies moral obligation towards clients – Read More Here

(InternationalForecaster) – Frauds And Scandals Follow The Collapse Of The Financial System – Bob Chapman

As the world faces an ongoing sovereign debt debacle we see an attempt to defuse an oncoming scandal involving Goldman Sachs, Paulson and perhaps others.

The collapse of the fiat money system is underway and each day picks up momentum. The only question is how long it can survive? In the interim we are faced with inflation and perhaps hyperinflation as the privately owned Federal Reserve and other central banks add stimulus and money and credit into their financial systems. Read More Here

(10TV) – Cabinet Plant, Largest Employer In Pike Co., Closing

More than 1,200 jobs were being eliminated on Tuesday, after the Masco Cabinet Group announced it was closing its Hopewell Road facility. Read More Here

(Bloomberg) – Barofsky Says Criminal Charges Possible in Alleged AIG Coverup – Read More Here

(WSJournal) – Video: Contagion Getting Worse – Video Link Here

(Bloomberg) – ‘Debt Like Cancer’ Addressed by Obama Commission on U.S. Debt

President Barack Obama’s debt commission started grappling with how to reduce the U.S. government’s red ink in the first of a series of meetings aimed at producing a plan to be sent to Congress. Read More Here

(CNNMoney) – S&P slashes Spain’s debt rating

Standard and Poor’s downgraded the sovereign debt ratings of Spain to a lower investment grade status Wednesday, citing “risks to budgetary position” for the troubled European nation. Read More Here

(TarpleyNet) – Video: Seize and Liquidate Goldman Sachs – Webster Tarpley

Today’s Senate hearings, carried on CNBC, Bloomberg, and C-SPAN, represent the first major exposure of the American people to the scandalous frauds of the derivatives casino, including synthetic collateralized debt obligations (synthetic CDOs or CDO²). These are things most people have heard very little about. They begin to open up the shocking reality behind such shopworn euphemisms like “toxic assets,” “exotic instruments,” and “troubled assets.” Read More Here

(MarketWatch) – Royal Dutch Shell profit surges 57%

Royal Dutch Shell on Wednesday reported a 57% climb in first-quarter profit, with the energy giant benefiting from a surge in oil and gas prices as well as improving production. Read More Here

(MSNBC) – Markets shudder as Greek debt woes spread

‘Chances of a default … are increasing not by the day but by the hour’ Read More Here

(RevolutionaryPolitics) – Video: Chris Christie Speech Declaring Fiscal Crisis Emergency – View Video Here

(WSJ) – States Bristle as Investors Make Wagers on Defaults

As U.S. cities and towns wrestle with financial problems, investors are finding a new way to profit on their misery: by buying derivatives that essentially bet municipalities will default. Read More Here

(DailyMail) – BP earns £463 a second… as motorists suffer record petrol prices

Motorists paying record prices at the pumps reacted with fury at news of a 135per cent rise in profits by oil giant BP – earning a massive £463 a second.

BP said on Tuesday that profits hit £3.6 billion ($US5.6 billion) in the first three months of 2010 – more than double the level last year. Read More Here

(FauxCapitalist) – An illegal bank is the second-largest holder of U.S. treasury securities

From the U.S. Treasury Department’s latest numbers of major foreign holders of treasury securities, we see that China owned $877.5 billion and Japan owned $768.50 billion in February 2010. Read More Here

(WashingtonExaminer) – Barbara Hollingsworth: Fannie Mae owns patent on residential ‘cap and trade’ exchange

When he wasn’t busy helping create a $127 billion mess for taxpayers to clean up, former Fannie Mae Chief Executive Officer Franklin Raines, two of his top underlings and select individuals in the “green” movement were inventing a patented system to trade residential carbon credits. Read More Here

(EconomicPolicyJournal) – S&P on Greek Debt Downgrade to Junk Status: Options Are Narrowing Read More Here

(MarketWatch) – Goldman culture crash

More than anything else, the Securities and Exchange Commission’s fraud case against Goldman Sachs Group Inc. has illustrated the fall of the firm from Wall Street’s preeminent bank to riverboat casino. Read More Here

Climategate

(WebMe) – Global Warming: the Collapse of a Grand Narrative – Read More Here

(WebMe) – Nails in the Global Warming Coffin

My silence since mid-February has not meant that I have taken my eye off the climate-change scene. Far from it, although I have to confess that I have become increasingly wearied and bored by the fatuous lack of reality exhibited on this topic by many UK politicians. It is so glaringly obvious that, since the debacle in Copenhagen, ‘global warming’ is dying as a major political trope that I find it less and less exercising as an issue. Indeed, I do not want to waste too much energy in flogging a fundamentally dead corpse.

This last week, however, the nails in the global warming coffin have been driven in so thick and so fast that I thought it might be worth bringing attention once again to what is happening around the world – “You will therefore permit me to repeat, emphatically, that Global Warming is as dead as a door-nail,” although I suspect that the Global Warming Ghost will hang around moaning and wailing for quite a while yet. Read More Here

(Blog) – Angela Merkel gives up binding carbon treaties Read More Here

(NationalPost) – Lawrence Solomon: Australia won’t cap and trade

Seeing countries around the world back away from their climate change commitments, and seeing his own electoral support crumble, Australian Prime Minister Kevin Rudd announced today that Australia will be shelving its cap and trade program for at least three years, until after the next election. “That will provide the Australian government at the time with a better position to assess the level of global action on climate change,” he told the Australian press. Read More Here

(OzClimateSense) – Carbon storage premise ‘totally erroneous’ – Read More Here

Video: Keiser Report №28 – Markets! Finance! Scandal!

(RussiaToday) – This time Max Keiser and co-host Stacy Herbert look at the scandals of the Nobel Prize winner that threatens the world; the US paying more than Buffett, and the big ambitions behind 12,000 calories per day. Keiser also talks to Helen Skopis of Athens International Radio about the Greek debt crisis. Continue reading

HR 646: U.S. Preparing for Civil Unrest – Allen Roland

In their quest for the truth over 60,000 infuriated Greek citizens take to the streets in central Athens because the cash strapped government faces a financial reckoning. The Obama administration has prepared itself for eventually the same demands for the truth with HR 645 which is, in essence, militarized FEMA internment camps Continue reading

Russia, Greece, Chile, and the Narcissism of Harvard Debt Lords

(Infowars) – Today marks the beginning of a new administration in Chile as Harvard economist and billionaire Sebastián Piñera eked out a narrow victory in January.  Interestingly this is related to the rest of the world as we also see today Greek police, dressed in the Darth Vader costumes used in every country, cracking down hard on their poor countrymen.  They have been robbed by the elite financier/politician tag-teams that roam the world attacking whichever country and currency they choose. Continue reading

Evolving Economic Catastrophe: Greek Tragedy Comes to America – Bob Chapman

(GlobalResearch) – We are not going to go into the lured details regarding residential and commercial real estate, but we are going to give you some highlights. We began telling subscribers to sell real estate in June of 2005, long before anyone else. We picked the top just as we did in September 1988 at the top. Read More Here

House Majority Leader: Greek debt crisis ‘can happen here’

(RawStory) – The United States must embrace a blend of tax increases and spending cuts to rein in its deficit or face a potentially crippling debt crisis like the one in Greece, a top US lawmaker warned Monday. Continue reading

Economy

(Reuters) – Nearly 20% of US Workers Underemployed in Jan

Nearly 20 percent of the U.S. workforce lacked adequate employment in January and struggled to make ends meet with reduced resources and bleak job prospects, according to a Gallup poll released Tuesday. Read More Here

(Reuters) – Regulators report 27 percent jump in problem banks

The number of “problem” U.S. banks jumped 27 percent during the fourth quarter of 2009 to 702, the highest level since 1993 and a sign the industry’s recovery is still shaky, regulators reported on Tuesday. Read More Here

(Reuters) – US Jan mass layoffs edge up on weak manufacturing

The number of mass layoffs by U.S. employers edged up in January as manufacturers stepped up job cuts, data showed on Tuesday, but probably not enough to alter views that the economy is on the brink of creating jobs. Read More Here

(AP) – Report: States’ tax collections fall again

States again saw sharp declines in tax collections in the last quarter of 2009 — a record fifth straight quarterly drop, according to a new report that predicts more looming spending cuts or tax increases. Read More Here

(TheComingDepression) – Mainstreet in the gutter while wallstreet post 17% bonuses in 2009

Bonuses on Wall Street rose 17 percent last year to $20.3 billion even as the industry faced a public backlash over pay practices. Read More Here

(Telegraph) – Concerns grow over China’s sale of US bonds

Evidence is mounting that Chinese sales of US Treasury bonds over recent months are intended as a warning shot to Washington over escalating political disputes rather than being part of a routine portfolio shift as thought at first. Read More Here

(Bloomberg) – Secret AIG Document Shows Goldman Sachs Minted Most Toxic CDOs

When a congressional panel convened a hearing on the government rescue of American International Group Inc. in January, the public scolding of Treasury Secretary Timothy F. Geithner got the most attention. Read More Here

(Aljazeera) – Spain engulfed by pension protests

Spain’s debt-laden Socialist government has witnessed the first mass protests by unions in its six years in power as anger over a plan to raise the retirement age spilled onto the streets. Read More Here

(247WallSt) – Underwater Mortgages Hit 11.3 Million

There is a reason that 702 American banks, nearly one in ten, were on the FDIC “problem list” as of the end of 2009. A large number of small and mid-sized banks are burdened with home and commercial mortgages that are in default and may even go into foreclosure. Read More Here

(VancouverSun) – U.S. economy is a shambles, with no improvement in sight

President Obama’s claim that a second depression isn’t possible doesn’t square with the relevant numbers Read More Here

(ZeroHedge) – FDIC Hits Record “Default” Level As Deposit Insurance Fund Plunges By $12.7 Billion To NEGATIVE 20.9 Billion

The U.S. banking industry continued to struggle in the fourth quarter, as the number of banks on the brink of failure continued to rise and the government’s fund to protect deposits fell sharply into the red. Read More Here

(EconomicPolicyJournal) – Where Did the Links Go That Point to the Government Forcing Your 401k and IRA Money into Treasury Securities?

Forget about hedging inside your 401k and IRA against inflation. Sooner than you think, you will not be allowed to own gold ETF’s, gold mining stocks or gold related mutual funds in your 401k or IRA. Read More Here

(Bloomberg) – Greek Police, Protesters Clash in Nationwide Strike (Update2)

Greek police fired tear-gas and clashed with demonstrators in central Athens after a march organized by unions to oppose Prime Minister George Papandreou’s drive to cut the European Union’s biggest budget deficit. Read More Here

(ChimpPlanet) – Trillions for War And None For The American People

In 2001, George W. Bush attempted to destroy Social Security by turning the people’s money over to Wall Street. Then, 9/11 happened and Social Security was saved for the time being. Read More Here

(WashingtonsBlog) – Foundation for the Study of Cycles: Gold to $2,000 By Late 2011, While Dollar and Stocks will Sink

I’m agnostic about different cycle systems, but – for what it’s worth – the Foundation for the Study of Cycles is predicting: Read More Here

(ZeroHedge) – The $100 Trillion Problem: Can America Learn From Chile Before It’s Too Late?

Jose Pinera provides an Entitlement State 101 lecture, in which Chile’s former Labor and Social Security Minister demystifies the U.S.’s $100 trillion unfunded benefits problem. Since Pinera is the man who many years ago privatized Chile’s entitlement system, America, and the entire Western system, which for the past century has been relying on unfunded liabilities to provide benefits to the population in the hopes that funding day will never come, may do well to listen to what he has to say. Read More Here

Head Of Greek Debt Office Replaced By Former Goldman Investment Banker

(ZeroHedge) – And so the tragicomic becomes surreal. Yesterday’s news about the departure of the head of the debt management agency, Spyros Papanicolaou, was somewhat of a yawner, until we realized that his replacement would be none other than Petros Christodoulou, who until today was head of Private Banking and Group Treasury at the National Bank of Greece (reporting directly to the CEO of the NBG Tamvakakis), as can be seen on the org chart below. Yet was is oddest, is that Mr. Christodoulou worked not only as head of derivatives at JP Morgan but also held comparable posts at Credit Suisse, and… wait for it, Goldman Sachs… Uh, say what? Read More Here

Video: Alex Jones Tv {Sunday Edition} – The Case For Killing Granny!!!

Part 1 of 8 – The Rest of the show @ TheAlexJonesChannel – Youtube Continue reading

Harry Markopolos: CDS Fraud Will Make Madoff Look “Small-Time”

Memo to regulators: be forewarned about frauds in the credit-default swap market. They’ll make Bernie Madoff’s $65 billion fraud “look like small-time.” Continue reading

The Caduceus Decoded: Secret Symbols Reveal Dark Agenda of Western Medicine

(NaturalNews) – Everywhere in western medicine you find the Caduceus symbol: It’s the staff entwined with two serpents, with wings at the top. You’ll find it emblazoned on medical texts, medical school certificates, medical websites and even in hospitals and medical buildings. Continue reading

Owl of Wisdom: Illuminati, Bohemian Club, Schlaraffia, James Gordon Bennett Jr.

Pallas Athene (or Minerva to the Romans), the goddess of wisdom, honored the owl as her sacred bird. The owl was recognized as an emblem of penetrating sight and intelligence. It was considered to be a favorable omen if an owl was spotted on the battle field or at times of crisis. The Athenian silver tetradrachm bore the owl (Athene noctua); and owls were protected and thrived in great numbers at the Acropolis of Athens (a temple dedicated to Athena). Continue reading