Illinois Pays More Than Mexico as Cash-Strapped States Sell Bonds Overseas
William Selway Bloomberg Illinois capital-markets director John Sinsheimer and Citigroup Inc. bankers took a globe-girdling trip from the U.K. to China in June to persuade…
Economy
Bernanke Tells the Truth: The United States is on the Brink of Financial Disaster
Dees Illustration Robert Wenzel Economic Policy Journal Yesterday, Federal Reserve Chairman Ben Bernanke delivered a speech before the the Annual Meeting of the Rhode Island…
Globalism Destroys America’s Middle Class
Dr. Jerome Corsi Global Research A series of reports released by the Census Bureau this month make clear the income gap between the richest and…
The Fed is dead, maybe by 2012
Paul B. Farrell Market Watch ARROYO GRANDE, Calif. (MarketWatch) — OK, so Nassim Nicholas Taleb, the “Black Swan” author, actually said: “The Fed won’t exist…
Agricultural Commodity Prices Have Exploded And Now The Price Of Food Is Beginning To Rise Substantially
Michael Snyder End of the American Dream Do you believe that you will always be able to run out to Wal-Mart or to the local…
Call for new global currencies deal
Financial Times The world’s leading countries should agree a new currency pact to help rebalance the global economy, a leading association of financial institutions has…
Super-rich investors buy gold by ton
Reuters The world’s wealthiest people have responded to economic worries by buying gold by the bar — and sometimes by the ton — and by…
Icelanders egg PM as global protests condemn corruption, banksters
Photo: Dori Sigurdsson Rady Ananda COTO Report As proceedings begin against Iceland’s former Prime Minister, Geir Haarde, for the banking crisis of 2008, at least…
Friedman: Third Party Rising
Thomas L. Friedman NY Times A friend in the U.S. military sent me an e-mail last week with a quote from the historian Lewis Mumford’s…
Financial Warfare and the Failure of US Military Leadership
Damon Vrabel Lew Rockwell The “War on Terror” has become the most successful military diversion in history, having lasted twice as long as WWII so…
IMF admits that the West is stuck in near depression
If you strip away the political correctness, Chapter Three of the IMF’s World Economic Outlook more or less condemns Southern Europe to death by slow…
Wall Street Sees World Economy Decoupling From U.S.
Simon Kennedy Bloomberg Wall Street economists are reviving a bet that the global economy will withstand the U.S. slowdown. Just three years since America began…
TARP is Done, but Count on Sequels
Gretchen Morgenson NY Times THE government is pulling a sheet over TARP, the Troubled Asset Relief Program created during the panic of 2008 to bail…
Silver Shines as an Economic Solution
Youtube – MorphCity G. Edward Griffin discusses the US monetary system, fiat money, legal tender and the value of silver and gold. Idaho State Representative…