Video: Mystery Crop Damage Threatens Hundreds Of Acres

(WREGNews) – Chemtrails? –

MSM: AP IMPACT – Many Gulf federal judges have oil links

(AP) – More than half of the federal judges in districts where the bulk of Gulf oil spill-related lawsuits are pending have financial connections to the oil and gas industry, complicating the task of finding judges without conflicts to hear the cases, an Associated Press analysis of judicial financial disclosure reports shows.

Thirty-seven of the 64 active or senior judges in key Gulf Coast districts in Louisiana, Texas, Alabama, Mississippi and Florida have links to oil, gas and related energy industries, including some who own stocks or bonds in BP PLC, Halliburton or Transocean — and others who regularly list receiving royalties from oil and gas production wells, according to the reports judges must file each year. The AP reviewed 2008 disclosure forms, the most recent available. Read More Here

Video: Democracy Now! – Tariq Ali and Mark Weisbrot Discuss Greece’s Economic Crisis and Popular Uprising

“The People of Greece Are Fighting for the Whole of Europe”
The European Union and the International Monetary Fund have approved a nearly $1 trillion package to stop Greece’s debt crisis from spilling beyond its borders into the rest of the eurozone. Stocks surged in Europe, Asia and the United States Monday after EU leaders agreed to a $960 billion package to contain Greece’s financial troubles. Meanwhile, the austerity measures demanded by the IMF and the European Union as a condition of their loan are continuing to exact their toll. Greece’s two main unions have continued to hold protests against the reforms. In a statement, one of the unions said, “The crisis should be paid by…all those who looted public finances.” Last week nearly 100,000 people participated in a mass demonstration and a twenty-four-hour general strike against the austerity measures. Video Link Here

Real Video Stream – Real Audio Stream – MP3 Download

Video: Marc Faber on Bloomberg – ‘Eventually There Will Be A Massive Crash’

Marc Faber, publisher of the Gloom, Boom & Doom report, talks about growth in lending and increases in property prices in China. Faber also discusses his caution about buying industrial commodities and Australian stocks. He speaks with Bloomberg’s Liza Lin in Singapore.

Geithner: Pickpocketing Trillions from the People to Give to the Oligarchy Was “Deeply Unfair”, But We … Um … Had To

(WashingtonsBlog) – Tim Geithner told the Today Show that:

It’s “deeply unfair” that some financial institutions that got taxpayer-paid bailouts are emerging in better shape from the recession than millions of ordinary Americans.

Geithner also argued that President Barack Obama had no choice when confronted with a financial crisis.

“As the president has said, we had to do some very unpopular things,” Geithner said. “People looked at what had happened.””It’s not fair. It’s deeply unfair,” he said. “He (Obama) had to decide whether he was going to act to fix it or stand back … and that would have been calamitous for the American economy.”

ObamaCare

(Reuters) – Florida says several states to file healthcare lawsuit

Florida’s attorney general will file a lawsuit with nine other state attorneys general opposing the healthcare legislation passed by Congress, a spokeswoman said on Monday. Read More Here

(DowJones) – Health-Care Stocks Up After House OK’s Obamacare

Health-care stocks led the stock market higher Monday after the U.S. House Sunday approved a historic health-care overhaul designed to bring health insurance to 32 million more Americas while subjecting U.S. industries to a dramatically redrawn and newly regulated marketplace. Read More Here

(LewRockwell) – The Politics of Obammunism

The Obammunist’s socialized health care legislation promises to cut Medicare spending by hundreds of billions of dollars while increasing Medicare spending by hundreds of billions. At least half of all Medicare enrollees vote Republican; almost all Medicaid enrollees vote Democrat. This is why the Obammunists are so euphoric today. Read More Here

(Bloomberg) – Income Redistribution: New Taxes for Health Care Help Obama ‘Spread the Wealth Around’

President Barack Obama said on the campaign trail in October 2008 that he wanted to “spread the wealth around.” With Obama on the verge of signing sweeping health-care overhaul legislation, he’s about to do just that. Read More Here

(WakeUp1776) – Stopping Obamacare Rests With the States

Title says it all. And it doesn’t stop with Obamacare. We need to use the states to take back state sovereignty overall. We need to revive how our nation was shortly after the first revolution – a strong union of thirteen separate and individual states. Read More Here

(KurtNimmo) – Obamacare: Names to Remember Come November

Below is a list of votes cast last night in the House on Obamacare at gunpoint and a takeover of one fifth of the economy by the federal government. Remember the names come the November mid-term elections. Vote them out of Congress. Read More Here

(BusinessInsider) – 15 New Taxes The Democrats Just Foisted On The American People – Read More Here

(MakeItEightEh) – Why does the U.S. Healthcare Bill remind me of Logan’s Run?

Don’t be fooled…the U.S. healthcare bill, if made law will end up killing more people than it will save. Read More Here

(SteveWatson) – Virginia Calls Health Bill Unconstitutional, Files Suit

Attorney General: “At no time in our history has the government mandated its citizens buy a good or service” Read More Here

(CNSNews) – Obamacare To Cost American Families $15,200 A Year

The U.S. House of Representatives voted 219-212 on Sunday night to socialize health care in the United States, making the government the paymaster of, and giving it sweeping regulatory authority over, the U.S. health care industry which represents one-sixth of the U.S. economy. Read More Here

(CNSNews) – Health Care Legislation: Here Come the Lawsuits

The American Center for Law and Justice, a conservative civil liberties group, says it is preparing to file a federal lawsuit challenging the “flawed” health care package that passed the House 219-212 on Sunday night. Read More Here

(CanadaFreePress) – Health Care Mandate to Be Enforced by IRS ‘Bounty Hunters’

The Internal Revenue Service (IRS) will see its largest expansion since withholding taxes were first enacted during WWII to enforce the glut of new tax mandates and penalties included in the Democrats’ latest health care plan, according to Rep. Kevin Brady (R-TX) Read More Here

Our Illegitimate, Fascist Socialist Federal Government

The House of Representatives has signed the Senate health insurance takeover bill and Obama will now sign it. There is an intention to make some amendments to this bill, but in essence it will remain the same. Read More Here

(InvestmentWatch) – Obamacare is the democrats synonym for “new taxes”

It is part of Obama’s plan to have his hands on our money in my opinion .Because the IRS is now in charge of punishing those who think they can opt out, the IRS also ordered a record number of assault weapons for their employees, any correlation? Read More Here

(SelfOwnership) – Health Care Bill Worse than 911

“The 911 tragedy will pale in comparison to the damages that our country will experience as a result of the passage of this government take over of our health care industry,” I said. “Way more people will die as a result of this bill than died in 911 and the wars that followed it.” Read More Here

Video: Peter Schiff on Fast Money

(CNBC) – February 19, 2010

Economy

(CNBC) – Market Tips: Get Out of Stocks and Bonds

Global stocks were mixed Friday, with European shares paring earlier gains after preliminary data showed the euro zone economy’s recovery faltered in the fourth quarter, on top of investors still uncertain as to what will happen to Greece. Read More Here

(Fox) – After Rare Bipartisan Deal, Reid Slashes Jobs Bill

Senate Majority Leader Harry Reid abruptly announced Thursday that he had drastically slimmed down the bill from $85 billion to just $15 billion, tossing out key priorities of both Republicans and Democrats. Read More Here

(WaIndep) – Credit Suisse Declares the U.S. a Riskier Investment Than Indonesia

Amid fears that Switzerland might come to an agreement with the United States on banking privacy and tax evasion disclosures, Credit Suisse issued a report identifying those countries it determined to have the highest risks of default on their sovereign debts. Number 16 on the list was the United States, based primarily on its 2009 budget deficits and government debt. Read More Here

(Reuters) – German halt, Italian reverse hit euro zone recovery

Europe’s post-recession recovery hit a roadblock on Friday as German economic growth unexpectedly halted and Italy went into reverse in the final quarter of 2009, knocking total euro zone GDP growth almost flat. Read More Here

(HindustanTimes) – India’s food inflation inching to 18 per cent

Even as Prime Minister Manmohan Singh stressed last week that the worst was over on rising prices of essential items, India’s annual food inflation based on wholesale prices rose to 17.94 per cent for the week ended Jan 30. Read More Here

(Fox) – Obama Signs Bill Lifting Federal Debt Limit to $14.3 Trillion

President Obama has signed legislation lifting the cap on government borrowing to $14.3 trillion. Read More Here

(Bloomberg) – Beijing Seen Vacant for 50% as Chanos Predicts Crash

Jack Rodman, who has made a career of selling soured property loans from Los Angeles to Tokyo, sees a crash looming in China. He keeps a slide show on his computer of empty office buildings in Beijing, his home since 2002. The tally: 55, with another dozen candidates. Read More Here

Stick a Fork in it, The Dollar is Done

News junkies, currency buffs, and economists of an Austrian tilt have been having quite an entertaining few weeks. Between massive blizzards from Virginia to New England, another baseless Dollar rally, and the hilarious notion that a little Greek debt could unwind the Euro, there certainly has been plenty to talk about. Read More Here

(Aletho) – New Phase, Not Just Another Recession

It is becoming increasingly clear that the financial meltdown of 2008 and the subsequent economic contraction that continues to this day represent more than just another recessionary cycle. More importantly, they represent a structural change, a new phase, the phase of the dominance of “finance capital,” as the late Austro-German political economist Rudolf Hilferding put it. Read More Here

(Portfolio) – Danger Ahead for Small Banks

The small banks that do much of the lending to small business face a crisis in the near future that could force thousands of them to cut back on loans. Read More Here

(StarTribune) – Foreclosure numbers may foretell delinquency surge

The number of U.S. households facing foreclosure in January increased 15 percent from the same month last year, and a surge in cash-strapped homeowners who’ve fallen behind on mortgages could be on the way. Read More Here

(AJC) – Metro Atlanta foreclosures skyrocket this month – Read More Here

(ABC15) – Report: Valley foreclosures not slowing down – Read More Here

(DallasBiz) – Dallas/Fort Worth quarterly foreclosure postings jump 22% – Read More Here

(NYDaily) – Number of New Yorkers at risk of losing their home to foreclosure surges, new statistics show – Read More Here

(MarketTicker) – 30 Year Auction – A Solid ‘F’ – Read More Here

(DailyMail) – Welcome to boarded-up Britain: One in eight shops now stand empty as recession hits high streets

The number of empty shops blighting our high streets has trebled since the start of the credit crunch, it was revealed yesterday. Read More Here

(MailOnline) – Did Goldman Sachs rig the bank-tax vote? Foul play suspected in Richard Curtis internet campaign – Read More Here

(DailyExpress) – Housing Minister: It’s Ok to Lose Your Home

LABOUR’S housing minister yesterday insulted millions struggling to survive the recession by claiming that having their homes repossessed might be their “best option”. Read More Here

(DailyExpress) – Labour’s ‘100 %’ Death Tax

MILLIONS of people could lose almost every penny of their assets under a new “death tax” being considered by Labour to fund care for the elderly. Read More Here

Video: Ron Paul “I Wouldn’t Be Surprised If The FED Is Involved In The Greece Bailout”

(Fox) – February 09, 2010

MSM: Global sell-off shudders markets as euro plunges to 8-month low amid fears of debt default

(DailyMail) – London’s top stocks lost another one per cent today as worries over US and European economic health sparked a sell-off for the second session in a row.

WHO Scientists Corruption Scandals Appear Endemic

The much-touted threat of an H1N1 Pandemic flu fades in the mildest flu season on record, and governments are left sitting on millions of dollars of stocks of vaccines. The Parliamentary Assembly of the Council of Europe will begin an official investigation into evidence of scandalous corruption relationships in the new “Golden Triangle” of the global drugs industry-WHO, its scientific academic ‘advisors’ of SAGE, and the pharma drugs industry, yet new confirmations of the extent of official corruption are emerging.

MSM: TrimTabs suggests government manipulated stocks

(MarketWatch) – The unusual circumstances that led the U.S. market to rally powerfully in 2009 might be explained by secret government moves to buy stocks, according to Charles Biderman, the founder and chief executive of TrimTabs, a research firm that tracks liquidity flows in the market.

Last decade was the worst ever in the stock market

“Since the end of 1999, the Standard & Poors 500-stock index has lost an average of 3.3% a year on an inflation-adjusted basis, compared with a 1.8% average annual gain during the 1930s when deflation afflicted the economy”
In nearly 200 years of recorded stock-market history, no calendar decade has seen such a dismal performance as the 2000s.

The Ponzi Decade: A Lost Decade in Stocks, Industrial Production, U.S. dollar, and Housing

(MyBudget360) – How we Managed to Inflate and Destroy the Biggest Financial Bubble of our Generation.

Wall Street’s Naked Swindle – Rolling Stone

A scheme to flood the market with counterfeit stocks helped kill Bear Stearns and Lehman Brothers — and the feds have yet to bust the culprits

Video: The Bubble Economy

Presented by Douglas French at the 2009 Mises University. Recorded 28 July 2009 at the Ludwig von Mises Institute; Auburn, Alabama.

U.S. Stock Markets Disconnected from Reality

(C4L) – Earlier this year, I predicted that the 2009 rally in U.S. stocks could bring the Dow Jones Index as high as 10,000. It looks like that level has been achieved. If, at this point, the index reverses course, I would have made a fairly good prediction.

Gold Touches a New Record

“Gold continues to climb…stoked by inflation worries,” says a headline in the International Herald Tribune.
Yesterday, it touched a new record – $1,050 – even as the dollar rose, oil slumped under $70 and stocks dipped very slightly.

MSM: Roubini Sees Stock Declines as Soros Warns on Economy

(Bloomberg) – New York University Professor Nouriel Roubini said stock markets may drop and billionaire George Soros warned the “bankrupt” U.S. banking system will hamper its economy, highlighting doubts about the sustainability of the global recovery.

CAUTION: Crash/Collapse Dead Ahead Say Faber, Rogers, Dent and Celente

After a massive upswing in US stocks over the last six months, the recent rally may finally be coming to an end. It seems that the trend of rising stocks on bad or better than expected news may be in a reversal, as evidenced by market participants’ caution over the last couple of weeks. For those that follow contrarian investors like Marc Faber, Jim Rogers, Gerald Celente and Harry Dent, this should come as no surprise.

MSM: The stock market rally is just another bubble – and it’s set to pop

(MoneyWeek) – Stock markets continue to expect the best of all worlds.
There will be a V-shaped recovery. Everything is headed back to normal. At least, that’s what you’d believe if you just look at the way stocks have surged.

Want to Fight Deflation? Give a Worker a Raise

The slight rebound in housing looks a lot different when one considers how much the Fed is meddling in the market. Fed chair Ben Bernanke has purchased $240 billion in US Treasuries to keep long-term interest rates artificially low while–at the same time–buying $740 billion in Fannie Mae and Freddie Mac mortgage-backed securities (MBS) to provide the financing for new home buyers. It’s the double-whammy; and that’s not all.

MSM: Forbes Reports the Dollar Has Collapsed

The U.S. dollar reached its lowest point against the euro this year due to a myriad of forces including rising global stocks and commodities prices, low interest rates, and investors diversifying out of Treasury debt and into other assets including U.S. stocks with the Dow Jones industrial average approaching 9500 in late afternoon trading.

How Bad Will It Get? – Mike Whitney

The U.S. economy is at the beginning of a protracted period of adjustment. The sharp decline in business activity, which began in the summer of 2007, has moderated slightly, but there are few indications that growth will return to pre-crisis levels.

Video: Peter Schiff Vlog – Stock market sell-off phony recovery and Japan’s election

September 1st, 2009

The $531 Trillion Dollar Derivatives Time Bomb

What are derivatives? Some investors describe them as “dormant economic weapons of mass destruction”. They essentially are large leveraged bets on top of stocks, bonds and commodities. Money can be made within months or seconds by betting if a stock will go up, down or even remain the same. With no credit rating you can place a bet worth double your account balance. Big time investors get greater leverage with these instantaneous loans.

Study Says World’s Stocks Controlled by Select Few

Companies from US, UK and Australia have the most concentrated financial power.

Memo to Bernanke: “No Wage Growth; No Recovery”

A recent poll shows that most economists now believe that the recession, which began in December 2007, will end in the third quarter of 2009. There’s been an uptick in manufacturing and consumer confidence, and the decline in housing prices appears to be flattening out. Unfortunately, the return to positive GDP will likely be short-lived.

Faulty Forecasting – Ralph Nader

Companies that specialize in stock market forecasting and trading—such as Goldman Sachs, Citigroup, Morgan Stanley, and JPMorgan Chase—pay very high salaries to their employee-vendors. New York Attorney General Andrew Cuomo just released data showing that these and other large banks are giving each of their 5000 trader-forecasters bonuses of at least one million dollars.

The Second Wave Of The Depression – Hyperinflation Likely

(WebsterTarpley) – The second wave of the world economic depression is coming soon. Larry Summers, the economics czar of the Wall Street puppet regime currently in power in Washington, recently confessed to the Financial Times in an unguarded moment: “I don’t think the worst is over ….” A few weeks earlier, Jacques Attali, who served in the 1980s as the main economics adviser to French President Mitterrand, told an audience at the International Economic and Financial Forum (FIEF) in Paris that the world might well soon face a “planetary Weimar” in the form of a hyperinflationary depression similar to the German events of 1922 to 1923.

MSM: Catholic bank owned pill shares

(BBC) – A Roman Catholic bank in Germany has apologised after admitting it bought stocks in defence, tobacco and birth control companies.

MSM: U.S. Initial Jobless Claims Rise by 25,000 to 584,000

(Bloomberg) – The number of Americans filing claims for jobless benefits last week held below levels seen in late June, before auto-related distortions set in, indicating firings are slowing as the economy stabilizes.

Money printing, debt growth and deficits don’t create prosperity, says Marc Faber

Marc Faber the Swiss fund manager and Gloom Boom & Doom editor said the US Federal Reserve managed, through stimulus, to do something that had never before been done – create a worldwide bubble in just about everything -stocks, bonds , housing and art.

Video: Rep. Alan Grayson – “Hank Paulson Had a $700M Conflict of Interest”

(MSNBC) – This is Alan Grayson on MSNBC with Dylan Ratigan and Eliot Spitzer discussing Hank Paulson and the bailouts. Grayson said about former Treasury Secretary and former Goldman Sachs CEO Hank Paulson who presided over the bailout while owning hundreds of millions in Goldman stock:

‘Sucker’s Rally’ Beginning To Unwind?

U.S. stocks are falling again following a massive plunge at the end of the last week amidst signs that the “sucker’s rally” we warned about back in May could now be unwinding, in line with the Bilderberg Group’s 2009 agenda.

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.

MSM: Health insurers want you to keep smoking, Harvard doctors say

(ScientificAmerican) – Health and life insurance companies in the U.S. and abroad have nearly $4.5 billion invested in tobacco stocks, according to Harvard doctors.

Is the Fed Juicing the Stock Market?

Why has the stock market been on a 3-month tear when the economy is undergoing the worst economic contraction since the Great Depression? The S&P 500 has shot up 40% from its low on March 9 and the Dow Jones Industrials have followed close behind. Is this a typical bear market rally or is the invisible hand of the Fed goosing the markets?

MSM: Climate change blamed for Caribbean coral deaths

(Reuters) – Climate change has contributed to a flattening of the complex, multi-layered architecture of Caribbean coral reefs, compromising their role as a nursery for fish stocks and a buffer against tropical storms, a study shows.

MSM: Mystery group in the driving seat

If the Finance Minister really wants to know the depth of this “global economic firestorm”, all he has to do is to ask the people who created it.