Economy

(FinanceMyMoney) – Controlling the wealth of America – top 1 percent control 83 percent of U.S. stocks. As a share of personal income mortgage debt ate up 19 percent in 1949. In 2003 it went up to 85 percent. 80 percent of Americans 65 years and older depend on Social Security for half of their income – Read More Here

(Bloomberg) – Romanian Recession Deepens on Cuts, BOA Merrill Says – Read More Here

(247WallSt) – American Credit Scores Crash To New Lows – Read More Here

REPOST – (CNNMoney) – Central banks start to abandon the U.S. dollar – Read More Here

(PaulWatson) – American Idolatry Intensifies as Nation Sinks in to Depression

Programmed zombies get hysterical about basketball while their future is being destroyed Read More Here

(ZeroHedge) – Berlin Pushing For European Bankruptcy Framework With Provision For State Sovereignty Give Up

The big news out of Europe this morning, and the reason for the drag on the euro is an article in Der Spiegel, “Merkel’s rules for bankruptcy” according to which Germany is now actively (and very secretly) pushing for a plan outlining a set of insolvency rules, which would require that private investors bear a portion of the rescue burden, and much more importantly, would see at least a partial give up in state sovereignty, where a new insolvency trustee (the “Berlin Club”, which we fail to see at least for now, how it differs from the Paris Club) would take implicit control over and override a default nation’s treasury, in essence pushing the bankrupt country into a form of Feudal vassal state-cum-reparations subservience. Welcome to financial warfare in the post-globalization period. Read More Here

(InfoClearingHouse) – Fix the Economy? We Have Know-how – Mike Whitney

There are remedies for recession, and the remedies are well known. But fixing the economy requires special medicine, fiscal stimulus, and if the patient does not take the medicine, he will not improve. It’s not enough to have the medicine sitting on one’s nightstand. It must be ingested before recovery can begin. Read More Here

(KeeneSentinel) – More Poverty By Any Measure

More than 15 million Americans are unemployed, homelessness has increased by 50 percent in some cities, and 38 million people are receiving food stamps, more than at any time in the program’s almost 50-year history. Evidence of rising economic hardship is ample. There’s one commonly used standard for measuring it: the U.S. Census Bureau’s poverty rate. It guides much of federal and state spending aimed at helping those unable to make a decent living. Read More Here

(FirstPost) – The big crash – America plunges into Depression – Read More here

(Telegraph) – EU to spend £1bn on pensions for retired eurocrats in 2010

The European Union will this year spend almost £1 billion on pensions for officials, giving the average retired eurocrat an income of almost £60,000, according to research carried out by the Daily Telegraph. Read More Here

(MailOnline) – Blair African charity run by banker linked to US toxic loan fraud – Read More Here

(NYTimes) – Crisis Awaits World’s Banks as Trillions Come Due

The sovereign debt crisis would seem to create worry enough for European banks, but there is another gathering threat that has not garnered as much notice: the trillions of dollars in short-term borrowing that institutions around the world must repay or roll over in the next two years. Read More Here

(CounterPunch) – The Worst of Times, the Best of Times

It’s the worst of times. America is plunging back into Depression. Only one out of every two Americans of working age has a job. Forty years ago that would have been okay. Dad went to the factory. Mom stayed at home to mind the kids. These days, just to keep the show on the road, mom and pop both work and the kids get daycare. Read More Here

(Gaurdian) – Tighter banking rules will drain £1tn from financial system, study shows

Banks are drawing on research conducted by PricewaterhouseCoopers which shows two percentage points would be sliced off economic growth Read More Here

(Telegraph) – Secret gold swap has spooked the market

IT takes a lot to spook the solid old gold market. But when it emerged last week that one or more banks had lent 380 tonnes of gold to the Bank of International Settlements in return for foreign currencies, there was widespread surprise and confusion Read More Here

(WashingtonPost) – Obama’s debt commission warns of fiscal ‘cancer’

The co-chairmen of President Obama’s debt and deficit commission offered an ominous assessment of the nation’s fiscal future here Sunday, calling current budgetary trends a cancer “that will destroy the country from within” unless checked by tough action in Washington. Read More Here

(AFP) – More and more Americans preparing for social unrest – Read More Here

(RawStory) – Sen. Kyl: $678-billion tax break for rich should not be offset

Sen. Jon Kyl, Republican of Arizona, believes that any extension to unemployment benefits “ought to be paid for.” But when it comes to the $678-billion cost of extending the Bush-era tax cuts for the wealthy, the senator says no offsetting is necessary. Read More Here

(KurtNimmo) – Video: Dollar Devaluation and Destruction of America Pick Up Steam

Back in January Lindsey Williams’ insider sources told him the dollar will be devalued within a year. In response, oil and food prices will rise significantly and the elite and banksters will move assets into gold and silver. Continue reading

Video: Biden Conspires With Israel To Bomb Iran Back To The Stone Age

(KurtNimmo) – Joe Biden went to Israel not for the sake of peace or even to admonish the country for its plan to build 1,600 illegal settlement homes in East Jerusalem. Biden went there to talk about bombing Iran back to the Stone Age. Continue reading

Video: The Sharp Dressed Man Who Aided Mutallab Onto Flight 253 Was U.S. Government Agent

(KurtHaskell) – Please note that in the article that follows, I am not claiming that the U.S. Government knew Mutallab had a bomb or intended to hurt anyone on Flight 253 when the U.S. Government let him board. Continue reading

Haskell Family: FBI has changed accounts 4 times; our story is the same since day one

COMMENT:As a customs official now confirms the 2nd man detained, confirming the Haskell’s account, the Detroit News points out that the FBI story has changed 4 times, while the Haskell’s has remained unchanged since day one:
“I just want them to look into our claims,” Lori Haskell said. “Our story has been the same since Day One because we are telling the truth. This is the FBI’s fourth story.” Continue reading

Video: Boehner: 9/11 Show Trial an “Irresponsible Decision”

(KurtNimmo) – Fox News tells us the “new” Republican party will save us from the “socialist” excesses of the Obama administration and the Democrats. Republicans are re-thinking their political strategy, we are assured, and embracing constitutional principles. Sarah Palin, the former statist governor of Alaska, is now cast as a Libertarian. Bilderberg attendee Rick Perry is portrayed as a principled constitutionalist. Glenn Beck uses his blackboard to instruct the Republicans on how to reaffirm the Constitution and the Bill of Rights. Continue reading

Video: Feds, Media Link Fort Hood Shooter to al-Qaeda and 9/11

In a brazen effort to rekindle the flagging global war on terror and demonize Muslims, the media is attempting to link the accused Fort Hood shooter to Anwar al-Awlaki, said to be an al-Qaeda “spiritual adviser.” Continue reading

Foreign Cops Take Part in “Domestic Terrorism” Drill in California

Earlier in the week, Chris Matthews attempted to portray Stewart Rhodes of the Oath Keepers as a paranoid conspiracy nut for suggesting the presence of foreign troops in the United States. Continue reading

Video: Alex’s Round Table Discussion on U.S. Attacking IRAN

Paul Joseph Watson, journalist and editor of Prison Planet, and Kurt Nimmo, editor and journalist for Infowars, will join Alex today in a round table discussion of Iran’s supposedly “secret” uranium enrichment plant and the plan to attack Iran. Continue reading

Glenn Beck’s a Libertarian Now

It’s not enough that Fox News’ resident COINTELPRO operative Glenn Beck led the charge and sabotaged the election campaign of Ron Paul — calling him a kook and his supporters dangerous terrorists — now he is determined to sabotage and take down libertarians. Continue reading

Video: Obama Pushes Banker Takeover Plan at Federal Hall

Obama delivered one of his famous teleprompter speeches today at Federal Hall in New York on the one-year anniversary of the Lehman Brothers scam. It was a cynical move, considering Obama spoke from the building where the country’s founders once argued over how much the government should control the national economy. Continue reading

Unemployment Edges Up to Great Depression Level

Here is a chart released by the government that claims to show the percentage of unemployed people in the United States as of July, 2009. It is a fictional snapshot of the actual number of unemployed and under-employed people. Continue reading

Video: Maine TV Station Airs Report on National Guard and Flu Pandemic Riots

WMTW, a television station in Portland, Maine, owned by Hearst, has produced a slick propaganda piece as part of an emerging effort to stampede people into submitting to a toxic and cancer virus flu vaccine this autumn. Continue reading

Video: Kurt Nimmo on Alex Jones Tv – False Flag Could Come at The End of Summer

(August 12th, 2009) – Alex talks with Infowars webmaster, Kurt Nimmo Continue reading

Bill Amendment Gives AG Holder Authority to Decide Who is a Terrorist

Obama’s Attorney General, Eric Holder, may soon have the power to classify millions of Americans as domestic terrorists. An amendment to H.R. 2647 (the National Defense Authorization Act for Fiscal Year 2010), introduced by Rep. Alcee Hastings of Florida, would grant Holder absolute authority to decide who is a terrorist. Continue reading

9/11 FEMA videographer at Ground Zero goes public

As official videographer for the U.S. government, Kurt Sonnenfeld was detailed to Ground Zero on September 11, 2001, where he spent one month filming 29 tapes: “What I saw at certain moments and in certain places … is very disturbing!” He never handed them over to the authorities and has been persecuted ever since. Continue reading

Pioneer spirit needed during tough times

These are good days for survivalists, those dour predictors of dire times who’ve said all along we’d better prepare for the worst.

With people losing jobs, homes and life savings through no fault of their own, and with natural disasters, oil shortages and terrorists in the news, those long-predicted grim times may have arrived. Continue reading

Video: Glenn Beck – Disinformation Weasel Boy

For those of you that are veterans in the “Information Wars” you will recall that in 2007 Glenn Beck equated Ron Paul supporters with terrorists and people “like Timothy McVeigh” : Continue reading

Baldwin, Paul and Barr Send Letter in Opposition to MIAC Report to Missouri Officials

Appearing on the Alex Jones Show today, founder-pastor of Crossroad Baptist Church and presidential nominee of the Constitution Party for the 2008 U.S. Presidential election, Chuck Baldwin, talked about the Missouri Information Analysis Center (MIAC) report designating Baldwin, Ron Paul, Bob Barr supporters and Libertarians as terrorists.

Continue reading

Video: Schwarzenegger’s Nazi Fetish Surfaces in Hanover

Arnold Schwarzenegger loves his Totenkopf Nazi death’s head belt buckle. The California gov was spotted wearing it at the CeBIT 2009 IT conference in Hanover, Germany, according to Spiegel Online (article in German). CeBIT 2009 is billing Schwarzenegger as one of California’s “technology leaders” at the conference. Continue reading