What Do The Sears Tower; WTC, and Terror Drills Have In Common?

(IntelHub) – Larry Silverstein, owner of Silverstein Properties, Inc. and the man who leased the World Trade Center Towers also happens to be the owner of the Sears Tower in Chicago. The complex was renamed the Willis Tower on July 16, 2009 and is insured by global insurance broker Willis Group Holdings. The insurer is very important in the grand scheme as can be seen with the WTC, whose insurance settlement amounted to a cool 4.68 billion dollars.

Time Square Bomber

(Mediaite) – Mayor Bloomberg: NYC Bomb Suspect Could Be Someone Who “Didn’t Like Health Bill” – Read More Here

(MSNBC) – Video: MS-NBC anchor – I’m so bummed that Shahzad wasn’t a Tea Partier View Video Here

(CBSNews) – Faisal Shahzad Charged with Five Counts, Admits Training in Pakistan – Read More Here

(RawStory) – Revealed: NYC car bomb suspect worked at same firm as ‘Catch Me If You Can’ con artist

Faisal Shahzad, the man accused of attempting to detonate a car bomb in the middle of New York City, spent three years working as a financial analyst for Affinion Group Holdings Inc., a marketing and security firm that employs as its spokesman someone quite well known to fans of Steven Spielberg movies. Read More Here

(May 4) – Video: Mike Rivero Reports Time Square Bomber was Manufactured Terror on Alex Jones Tv

Alex talks with regular guest, Mike Rivero. Mike is the editor and web master of the What Really Happened web news portal. He is also a GCN radio talk show host.

Economy

(WSJ) – German Economic Expectations Deteriorate

German economic expectations deteriorated in February, indicating the economic recovery isn’t gaining any significant momentum. Read More Here

(MSNBC) – China cuts holdings in U.S. treasuries

The government said Tuesday that foreign demand for U.S. Treasury securities fell by the largest amount on record in December with China reducing its holdings by $34.2 billion. Read More Here

(NewsWithViews) – Congress Refuses to Bring Home Millions of Jobs

I was in Denver recently. As I refuse to fly commercial, I drive. From Big Spring, Texas, where I live, to Denver and back, the number one subject of discussion is jobs. People are very afraid; you can see it in their eyes and hear it in their voice as they say, “I thought we were in a recovery.” Read More Here

(ABC) – Food Stamps Create Jobs… in India

Several States With High Unemployment Are Outsourcing Food Stamp Services Read More Here

(FinancialTimes) – Lone voice warns of debt threat to Fed

The US must fix its growing debt problems or risk a new financial crisis, Thomas Hoenig, president of the Federal Reserve Bank of Kansas City, warned on Tuesday, adding a mounting deficit could spur inflation. Read More Here

(MSNBC) – Rising tide of suburban homeless across U.S.

Homelessness in rural and suburban America is straining shelters this winter as the economy founders and joblessness hovers near double digits — a “perfect storm of foreclosures, unemployment and a shortage of affordable housing,” in one official’s eyes. Read More Here

(MailOnline) – One in ten ‘underemployed’ as record 2.8m workers are trapped in part-time jobs

A record 2.8million workers are trapped in unsatisfying or lowly paid part-time jobs. Read More Here

(GoldSeek) – All Roads Lead to Goldman Sachs – Read More Here

Crash Babies

Wow, I think I woke up on a different planet this morning. There has been economic crashes, rumors of crashes, but damn man some huge players are saying “IT IS GOING TO CRASH.” One heavy weight to check in is Barton Biggs, former head of Morgan Stanley who says here and I quote “Insure yourself against war and disaster by buying a remote farm or ranch and stocking it with “seed, fertilizer, canned food, wine, medicine, clothes, etc. because tshtf is coming.” Read More Here

(AP) – Report: Hawaii hotels lost $741M last year

A new report says hotels in Hawaii lost $741 million last year, $1.1 billion since the tourism slump began in 2008 Read More Here

(RawStory) – China’s holding of US Treasuries tumbles

China’s holding of US Treasury bonds has tumbled, according to US Treasury data released Tuesday, after Beijing expressed concern over the swelling US deficit and amid new US-China tensions. Read More Here

(AP) – Foreigners cut Treasury stakes; rates could rise

A record drop in foreign holdings of U.S. Treasury bills in December sent a reminder that the government might have to pay higher interest rates on its debt to continue to attract investors. Read More Here

Video: Gov’t Spending Is Like Tiger’s Dating – Jim Rogers on CNBC

“What are they going to do, quadruple the debt again? Print more money? We don’t have any trees left. We’re running out of trees.”
The U.S. government’s plan to increase spending as a way to kick-start the economy will leave the country with no way to help its way out of the next crisis, Jim Rogers, chairman of Jim Rogers Holdings, told CNBC Thursday.

Jim Rogers Sells Dollars, Plans to Short Treasuries

(Bloomberg) – The dollar and U.S. Treasuries are both likely to slide as soaring government debt in the world’s biggest economy undermines confidence in its assets, according to Jim Rogers, chairman of Rogers Holdings.

Video: Jim Rogers on Obama Economic Disaster

5-29-09 – CNBC – Kudlow Report