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.

Obama’s Summer of Misery and Hardship Tour Hits the Road

(KurtNimmo) – Let’s put Lindsay Lohan’s fear of jail aside for a moment and turn to Obama’s Summer Recovery Tour 2010. Obama’s apparatchiks “will fan out across the country over the next few days to spread the message to voters about how effective their $787 billion recovery plan has been,” The Hill reported earlier this week. “Obama and the White House take comfort the economy is moving in the right direction. They point out that the economy has added jobs in six of the last seven months and stress that when Obama took office the economy was losing 750,000 jobs a month.”

Has it really? Less than a month ago Joe Bite Me said jobs have gone away and they are never coming back. Biden said “there’s no possibility to restore 8 million jobs lost in the Great Recession” and folks should get used to it. “We inherited a godawful mess,” he said and glibly added that there was “no way to regenerate $3 trillion that was lost. Not misplaced, lost.”

It wasn’t lost and Joe knows it. It was stolen. Trillions went directly to the banksters. They defiantly refused to tell Congress and the American people where it all went. In December of 2008, as the engineered Greatest Depression was gaining steam, the Federal Reserve refused a request by Bloomberg News to disclose the recipients of more than $2 trillion of “emergency loans” billed to future generations of American debt slaves.

Video: Lindsey Williams Returns to Update Us About Toxic Gases Spreading into Florida on Alex Jones Tv

(June 17) – Pastor Lindsey Williams returns to talk with Alex about the BP oil gusher. On June 10, Williams told the Alex Jones Show that toxic gases coming from the BP oil gusher pose a threat to residents of the Gulf States.

Video: May Levels of Toxic Gases in Gulf Back Up Claim Made by Lindsey Williams

(Infowars) – Appearing on the Alex Jones Show earlier in the week, pastor Lindsey Williams said that gases — Hydrogen Sulfide, Benzene, Methylene Chloride, and other toxic gases — pose a greater risk to human health than the presence of oil washing up on Gulf of Mexico beaches. Williams said the EPA is not reporting on the amount of gases escaping from the BP oil gusher. However, the second video below suggests the EPA has released data on the amount of Hydrogen Sulfide and Benzene in the air in Louisiana. Video Link Here

See Also:

(Bloomberg) – U.S. Gives BP 48 Hours to Boost Containment Capacity – Read More Here

(OpEdNews) – B.P, Halliburton and Transocean have unleashed Armageddon and now there is no stopping it

Senator Bill Nelson has told us how bad it is.

This is our worst nightmare. The oil industry has killed the Gulf of Mexico. Read More Here

(NannyStateLiberationFront) – Obama Issues Executive Order Mandating “Lifestyle Behavior Modification”

White House Chief of Staff Rahm Emanuel is fond of saying, “You don’t ever want a crisis to go to waste; it’s an opportunity to do important things that you would otherwise avoid.” Well, the Obama Administration certainly has not let the British Petroleum (BP) Deepwater Horizon oil rig crisis go to waste, using it as a smokescreen to silently assault and further diminish American citizens’ personal freedom. Read More Here

(KSL) – Massive cleanup effort underway after oil leak in Red Butte Canyon

A massive effort is underway to clean up the damage left behind when a Chevron pipeline leaked up to 21,000 gallons of oil into Salt Lake City waterways Saturday. Read More Here

(OilSpill) – Oil Spill Crisis Map – Read More Here

(RevolutionRadio) – MARTIAL LAW ALERT: Gulf Coast Evacuation Scenario Summer/Fall 2010

SoCal Martial Law Alerts (SCMLA) has been in existence for a year and a half and this is our first MARTIAL LAW ALERT.

We have withheld putting out information on the Gulf oil spill for a variety of reasons, but there is now enough evidence for us to put together a fairly clear picture of what really happened, what may result and to warn people who live in the area.

THE SITUATION: Read More Here

(FemaleFaust) – BP’s Dispersants Are Used Already —- For GM Crops

Corexit EC9527A is 30-60% 2-Butoxyethanol by weight. 2-B ( I will use the abbreviation 2-B ) is a main ingredient in many fertilizers, pesticides, herbicides ( especially Roundup ), insecticides, fuels, fungicides, cosmetics & leather treatment , and oddly enough, it is commonly used for ” handling ” oil spills – Read More Here

(MSNBC) – Video: Frightening Assessment of BP Blowout on Ratigan Show

Simmons remarks that this is the biggest blowout in the “history of the world.” For a rig the size of an aircraft carrier it took 2 days to “melt it down”, he said.

Video: Lindsey Williams Talks with Alex Jones About Deadly Gases Leaking from BP Spill

Updated With: Video: James Delingpole Covers The BP Gulf Oil Disaster on Alex Jones Tv

(June 10) – Appearing on the Alex Jones Show on June 10, 2010, paster Lindsey Williams reveals the real threat posed by the leak.

Senate aide says cap and trade dead, scaled-back bill likely

(RawStory) – Comprehensive energy legislation is likely off the table after the departure of Sen. Lindsey Graham (R-SC), a Senate Democratic aide said Wednesday evening, but the chamber can still pass a “scaled back” bill that boosts clean energy.

“I just can’t see where we’d get 60 votes for a comprehensive energy bill with a cap on carbon at this point,” the aide to a senator on the Environment and Public Works Committee, who is closely involved with the issue, told Raw Story.

Graham, the sole and critical Republican in the Senate who pledged to support a cap and trade bill, told CongressDaily Wednesday he’d vote against the Kerry-Lieberman bill he helped craft, leaving Democrats confused and upset. Read entire article

Audio: Jeff Rense With Lindsey Williams On The BP Oil Catastrophe

May 11, 2010 – Audio Download Here

Coincidence? Graham Withdraws Support For Dem Legislation A Week After Blackmail Charge

(PaulWatson) – Lindsey Graham has withdrawn his support for both the Democrat’s pro-amnesty immigration bill and cap and trade legislation just a week after ALIPAC Chairman Gheen gave a speech in which he demanded that Graham come clean on the fact that he is being blackmailed over his homosexuality.

Video: Blackmail – How The Controlling Elite Owns Politicians

(PaulWatson) – Lindsey Graham homosexual controversy underscores why government is broken

Climate change bill collapses in Senate

(PressTV) – A long-awaited climate change bill that would put a price on excessive carbon emissions and generate billions of dollars has been postponed indefinitely.

US Senator John F. Kerry’s 20 years of climate change plans hit the bottom Saturday after Senator Lindsey Graham, who had allied himself with Kerry on the issue, abandoned the effort in an unprecedented move.

Video: Senator Graham’s Gay Scandal Goes National and Viral

Editor’s note: Graham has been working with Sen. Chuck Schumer (D-N.Y.) on an immigration plan

News of ALIPAC’s request for Senator Lindsey Graham to come out of the closet, so his constituents will be on even footing with corrupt special interests in Washington regarding his secret lifestyle, is being reported nationally and William Gheen will appear on the Thom Hartmann and Lou Dobbs radio shows today.

William Gheen’s nine minute speech has gone viral on YouTube in the last 24 hours generating over 41,000 views, and has earned over 14 honors in YouTube’s News & Politics including 7th most discussed video, 11th most viewed, and 21st top rated video of the day.

Rights groups fear Graham bill will sanction indefinite detention

(RawStory) – News that Republican Sen. Lindsey Graham is negotiating with the White House on legislation to create a framework for handling terrorism detainees has some civil rights groups alarmed at the prospect of indefinite detention without trial being encoded into US law.

World War

(Salon) – A stark truth: Israeli arms, U.S. dollars

One does not normally see this truth stated so starkly in places like Time Magazine — from Michael Scherer’s interesting article on AIPAC’s current strategy to “storm Congress”: Read More Here

(MotherJones) – Sen. Lindsey Graham: Any Attack on Iran Must Be Full-Scale

Senator Lindsey Graham (R-S.C.) laid it on thick at AIPAC’s annual gala banquet on Monday. Referring to the pro-Israel lobby, Graham declared, “The Congress has your back.” (What other lobby would he say that to?) He declared that Israel is “our best friend in the world.” (Does that tick off Canadians?) But Graham went especially far when he endorsed the idea of a military strike against Iran. Read More Here

(AntiWar) – Iran forcing us to impose sanctions: Kouchner

French Foreign Minister Bernard Kouchner said Tuesday there was “no other choice” but to impose fresh sanctions on Iran as its nuclear programme is suspect. Read More Here

(GlobalResearch) – U.S. Interceptors Will Target Russian Nuclear Capability: Commander

Russia says no arms reduction deal without missile defense clause Read More Here

(GlobalResearch) – Obama the Cold Warrior? Hostile Relations with Russia and China

After observing recent pronouncements from Hillary Clinton that Venezuela start ‘playing by the rules’ and revert to free market capitalism, it’s starting to look like we might be heading into an era of deja vu once more. Provocations from Obama against China and Russia, are making the current climate look a lot like the recent past. One would have thought in a world where the United States only has the courage to attack much lesser third world ‘powers’, that Obama wouldn’t be ginning up a great deal of antagonism with much more evenly matched states; but that’s precisely what seems to be occurring under team Obama’s charge. Read More Here

(GlobalResearch) – Iran: US ‘works on’ China to Isolate Iran

Among the many inadvertent insights into the twisted US logic and policy towards the Middle East revealed in Hillary Clinton’s barnstorming speech to the American Israel Public Affairs Committee this week was her fatwa of “biting sanctions” on Iran. Read More Here

Video: Southern Avenger – Lindsey Graham’s Crappy Republican Party

“Romneycare” and “Obamacare” are Republican and Democratic versions of the same, big government healthcare scheme–whether Sen. Lindsey Graham wants to admit it or not.

Video: Ron Paul on the Totalitarian ID Card

(Fox) – The US House of Representatives passed a spending bill last week that contains provisions establishing a national ID card, and the Senate is poised to approve the measure in the next few days. This week marks the American public’s last chance to convince their Senators they don’t want to live in a nation that demands papers from its citizens as they go about their lives.

National Worker ID Proposed in Comprehensive Immigration Bill

(MigrationExpert) – President Obama is scheduled to meet with Senators Chuck Schumer (D., N.Y.) and Lindsey Graham (R., S.C. later this week to discuss a Comprehensive Immigration Reform (CIR) bill. At controversy is a proposed national worker ID which would be at the center of the Senators’ proposed immigration bill currently being worked on in the U.S. Senate.

Schumer, Graham Use Immigration to Push National Biometric ID Card

(KurtNimmo) – Democrat Chuck Schumer and Republican Lindsey Graham have joined forces in an effort to force a biometric ID on the American people. The new national ID scheme is part of a comprehensive immigration bill now in the Senate.

Video: Lindsey Williams on Alex Jones Tv – OPEC’S Debt Obligation Crisis & Israel’s Ties To Hamas!

(February 25, 2010) – Lindsey talks with mr. X and gives alex the latest update on the future of America and it’s monetary system.Lindsey also reveals what the globalist plans are for the rest of the world.

Video: 50% devaluation of the US Dollar 2010, get out of paper money – Lindsey Williams

Dr. Stan Monteith’s Show – View Video Here

Video: Lindsey Williams on Jeff Rense – January 28, 2010

Lindsey Williams, who has been an ordained Baptist minister for 28 years, went to Alaska in 1971 as a missionary. The Transalaska oil pipeline began its construction phase in 1974, and because of Mr. Williams’ love for his country and concern for the spiritual welfare of the “pipeliners,” ; he volunteered to serve as Chaplain on the pipeline, with the subsequent full support of the Alyeska Pipeline Company. Because of the executive status accorded to him as Chaplain, he was given access to information documented in his eye opening book, The Energy Non-Crisis.

Neocon Challenges Ron Paul in Texas

Tim Graney of Katy, Texas, has announced a bid to unseat Ron Paul in the 14th congressional district of Texas. According to FortBendNow, a news website in Houston, Graney is a small business owner and this is his first political campaign. Graney told FortBendNow the district needs a new voice in Congress, particularly in the area of foreign policy.

Video: Lindsey Williams on The Alex Jones Show – Economic Warfare Declared on Americans by The Elite!!

Alex continues his discussion with pastor Lindsey Williams about the plans of the elite to crash the economy.

Video: GOP senators – US, not Israel, should attack Iran ‘if necessary’

(RawStory) – Two senior Republican senators say the United States, and not Israel, should attack Iran if military action becomes “necessary.”

Video: Lindsey Williams on Alex Jones Tv – The Coming Food Crisis of 2009!!

(FLASHBACK – March 2009) – Alex welcomes back to the show Alaskan-pastor Lindsay Williams, who accurately predicted the fall of oil prices based on insider information.

Making Illegal Spying Legal – Holder Refuses to Call Warrantless Spying Illegal

In probably the most disturbing testimony to hit Capitol Hill since Attorney General Eric Holder appeared before the House Judiciary Committee in May and refused to rule out lawless detention or to agree that government officials can sometimes be prosecuted for their crimes, on Wednesday Holder appeared before the Senate Judiciary Committee and, among much else, refused five times to agree that warrantless spying is illegal and unconstitutional.

MSM: Obama Is Said to Consider Preventive Detention Plan

(NYT) – President Obama told human rights advocates at the White House on Wednesday that he was mulling the need for a “preventive detention” system that would establish a legal basis for the United States to incarcerate terrorism suspects who are deemed a threat to national security but cannot be tried, two participants in the private session said.

Video: Lindsey Williams on ‘The InfoWarrior’ with Jason Bermas

Jason welcomes Lindsey Williams, the economic analyst who accurately predicted both the recent rise and fall in oil prices. – “Super Hyper Inflation Coming Soon” – April 10, 2009