Tuesday, November 30, 2010
Eurozone Contagion Fears Deepen
Monday, November 29, 2010
Obama Proposes Federal Employee Pay Freeze
President Obama proposes a two-year civilian pay freeze for federal employees.
California Going the Way of Ireland, Greece?
Thousands Protest Irish Nightmare Economy
Sunday, November 28, 2010
85 Billion Euro Bailout Approved for Ireland
Saturday, November 27, 2010
50,000 Protesters March against IMF in Dublin
Friday, November 26, 2010
Irish Banks Sink on Expectations Banks Heading Toward More State Ownership
There is deep skepticism that an international bailout loan -- whose details are expected to be unveiled Sunday -- will be enough for Ireland to resolve its debts, the story said.
Speculative media reports in Dublin and Brussels fueled nervousness, with claims that the International Monetary Fund and European Central Bank experts driving the loan talks in Dublin would like to make Ireland's senior bondholders -- chiefly foreign banks -- eat losses in Ireland's debt-crippled banks.
AIB was last down 12.48% and IRE down 8.86%."
Thursday, November 25, 2010
Ireland Struggling Economy
Wednesday, November 24, 2010
Ireland Announces 4-year Plan to Raise $20B
Approximately 24,000 state employees could lose their jobs in the process and the sales tax could rise to 23%. The 2011-2014 plan will shave 10 billion euros ($13.3 billion) from spending and bring in 5 billion euros ($6.7 billion) from extra taxes.
The austerity plan is a prerequisite for Ireland to receive an EU-IMF loan estimated at 85 billion euros ($115 billion). Ireland is hoping its deficit, estimated to reach a record 32% this year, will fall to 3% of GDP by 2014.
Tuesday, November 23, 2010
Greece austerity programme on track
Officials from the EU and IMF say while its austerity programme remains largely on track, Greece needs to make an "extra effort" to reduce its budget deficit.
Meanwhile, rubbish collectors in Athens, Greece's capital, have been on strike for days, protesting cuts in wages and benefits imposed by austerity measures.
Barnaby Phillips reports from Athens.
Monday, November 22, 2010
Ireland Debt Problems Ready to Cross the Pond
European Debt Union: Ireland in Euro Cage
Dubliners Angry Over Bailout
Ireland Formally Applies for Bailout
Saturday, November 20, 2010
US foreclosures under scrutiny
The number of homes being repossessed in the United States fell nationwide this past month, and could fall even further.
But hundreds of thousands of Americans are on the brink of losing their homes, amid accusations that banks have been wrongly handling foreclosures.
The foreclosure crisis began with the recession of 2008, when the US housing bubble burst. Lenders were faced with millions of defaults at once, and lacked the manpower to process all the paperwork.
This contributed to what has become known as "robo-signing", bank staff signing off on repossessions, without properly checking all the documents. Now there is an ongoing legal investigation into foreclosure practices in all fifty states.
And several major financial institutions have temporarily halted thousands of foreclosure proceedings while this is going on.
Al Jazeera's Scott Heidler traveled to the frontlines of the foreclosure crisis, to the city of Portland, Maine, where the allegations first emerged.
James Turk Gold $8000
Economic Collapse: 40.8 Million Americans Now On Foodstamps
Friday, November 19, 2010
Economist Ha-Joon Chang on Currency Wars and G20
Democracy NOW! - DN! - Korean-born economist Ha-Joon Chang teaches economics at the University of Cambridge and is the author of the forthcoming book 23 Things They Don't Tell You About Capitalism. "Obama] has to buy time to restructure the economy without creating a recession by sustaining this deficit spending, because otherwise our other option is going back to the 1930s," Chang says. "Don't forget that in the 1930s a lot of countries started cutting this deficit as soon as things looked slightly better, and many of them went back into recession." Published with written permission from democracynow.org. http://www.democracynow.org Provided to you under Democracy NOW creative commons license. Copyright for this news broadcast belongs to democracynow.org, an independent non-profit user funded news media,
Wednesday, November 17, 2010
Bailout for Ireland ?
Tuesday, November 16, 2010
Rick Santelli Equates the Federal Reserve to a Bulldozer
Monday, November 15, 2010
Banks Will Take Responsibility for Mortgage Meltdown
Irish Bailout Will Lead to Domino Effect
Sunday, November 14, 2010
Outsourcing Becomes Major Economic Problem - Dylan Ratigan
Friday, November 12, 2010
Irish Banks in Trouble?
Nov. 12 2010 | 6:00 AM ET
"The problems facing the Irish banks are considerable," Neil MacKinnon, global macro strategist at VTB Capital, told CNBC Friday. James Bevan, chief investment officer at CCLA Investment Management, joined the discussion.
Thursday, November 11, 2010
The Purpose of Taxation - Andy Gause
Naked Capitalism and QE2
Wednesday, November 10, 2010
QE2 a Bad Idea - John Ryding
Tuesday, November 9, 2010
Do You Know Where Your Tax Dollars are Going?
Monday, November 8, 2010
China is stock piling GOLD
Sunday, November 7, 2010
Bankruptcy of U.S. is Mathematical Certainty, Says John Allison, Former CEO of Nation's 10th Largest Bank
“I think the first thing we have to realize is where we’re going and to face it objectively,” Allison told CNSNews.com, when asked about the trillion-dollar-plus deficits the federal government has run for three straight years, the more than $13 trillion in federal debt, and the $61.9 trillion long-term shortfall the government faces (according to the analysis of the Peter G. Peterson Foundation) if the government is to pay all the benefits it has promised through entitlement programs.
“If you run the numbers, on all those numbers that you just talked about, which I think are accurate, very accurate, in 20 or 25 years, the United States goes bankrupt,” said Allison. “It’s a mathematical certainty.read more >>>>
Saturday, November 6, 2010
Will Fed 600 Billion Jumpstart the Economy?
Will Fed's 600 Billion Jumpstart Economy?
Robert Pollin: Nothing in Fed's new plan will make banks lend more moneyThursday, November 4, 2010
Quantitative Easing 2: US economy continues to sink (03Nov10)
The broke United States are pretending that printing more money will recover their economy - it won't. The money meant and banks will make the money, and the little people paying the taxes will be hung out to dry. The US economy is sinking to oblivion.
Congratulations to idiots like Gordon Brown and President Obama, who actually believe in their idol Keynes in how to ruin an economy.
What the money markets have done is give a loaded gun to sucker politicians, and said if you don't give us money, we'll pull the trigger and collapse the economy. The politicians give these crooks more money, and the economy continues to sink anyway. The politicians are in on the scam.
If people like Brown and Obama wonder why people do not support them, look at what the politicians have DELIBERATELY done to their economies.
Recorded from Newsnight, 03 November 2010.
Blog Archive
“once a standing army is established, in any country, the people lose their liberty.”
George Mason
“Military men are dumb, stupid animals to be used as pawns for foreign policy.”
Henry Kissinger
“If you are an ordinary person, then you can prepare yourself for war by moving to the countryside and building a farm, but you must take guns with you, as the hordes of starving will be roaming. Also, even though the elite will have their safe havens and specialist shelters, they must be just as careful during the war as the ordinary civilians, because their shelters can still be compromised.”
Henry Kissinger
"We don't let them have ideas. Why would we let them have guns?" Joseph Stalin
The people who cast the votes decide nothing. The people who count the votes decide everything.
Joseph Stalin
Governments keep a lot of secrets from their people . . .
Why aren't the people in return allowed to keep secrets
from the government?
PHILIP ZIMMERMAN, DER SPIEGEL
“Some call it Communism, I call it Judaism.”
Rabbi Stephen Weiss
“Anti-Communism is Anti-Semitism.”
Jewish Voice, July - August 1941
Taxing People is Punishing Success
UNKNOWN
There's the rich, the poor, and the tax payers...also known as the middle class. Robert Kiyosaki
The Tax you pay is The Bill for Staying Stupid
Stefan Molyneux
“The modern banking system manufactures money out of nothing. The process is, perhaps, the most astounding piece of sleight of hand that was ever invented. Banks can in fact inflate, mint and un-mint the modern ledger-entry currency.” Major L L B Angus
The few who understand the system will either be so interested in its profits or so dependent on its favours that there will be no opposition from that class, while on the other hand, the great body of the people mentally incapable of comprehending the tremendous advantage that capital derives from the system will bear its burdens without complaint and perhaps without even suspecting that the system is inimical to their interests.
The Rothschild Bros
"Debts must be collected, bonds and mortgages must be foreclosed as rapidly as possible. When, through a process of law, the common people lose their homes they will become more docile and more easily governed through the influence of the strong arm of government, applied by a central power of wealth under control of leading financiers.
This truth is well known among our principal men now engaged in forming an imperialism of Capital to govern the world.
By dividing the voters through the political party system, we can get them to expend their energies in fighting over questions of no importance. Thus by discreet action we can secure for ourselves what has been so well planned and so successfully accomplished."
USA Banker's Magazine, August 25 1924
Cutting Tax Rates stimulates Economic Growth creates more Profit , more Jobs and therefore The Treasury ends up with more Tax Money
UNKNOWN
Taxation is legalized Theft
UNKNOWN
"The Objective of the Bank is not the control of a conflict , it's the control of the debt that a conflict produces . The real value of a conflict , the true value is in the debt that it creates . You control the debt , you control everything . this is THE VERY ESSENCE OF THE BANKING INDUSTRY , to make us all , whether we be nations or individuals , SLAVES TO DEBT " An UNKNOWN Banker
Patriotism is the last refuge... to which the scoundrel clings .... Steal a little and they throw you in jail ..steal a lot and they make you king ....
Bob Dylan
"Corporations are stealing billions in tax breaks, while the confused, screwed citizenry turn on each other. International corporations have no national allegiance, they care only for profit." Robert Reich
There is NO political answer to a spiritual problem!
Steve Quayle
Political Correctness is a Political Stand Point that does not allow Political Opposition , This is actually The Definition of Dictatorship
Gilad Atzmon
The modern definition of racist is someone who is winning an argument with a liberal
Peter Brimelow
When People lose everything and have nothing left to lose , They Lose It !
GERALD CELENTE
Your Greatest Teacher is Your Last Mistake
DAVID ICKE
The one who Controls the Education System , Controls Perception UNKNOWN
"The world will not be destroyed by those who do evil, but by those who watch them without doing anything."
Albert Einstein
UNKNOWN
No man escapes when freedom fails; The best men rot in filthy jails. And those that cried 'Appease! Appease!' Are hanged by those they tried to please
UNKNOWN
Freedom is not Free
UNKNOWN
Don't Steal The Government Hates The Competition
Ron Paul
"Buy The Rumor , Sell The Fact " Peter Schiff
You can love your Country and not your Government
Jesse Ventura
" The Government Works for ME , I do not answer to them They Answer to ME "
Glenn Beck
"Tyranny will Come to Your Door in a Uniform "
Alex Jones
"The Government is not The Solution to our Problems , The Government is The Problem "
Ronald Reagan
"The price good men pay for indifference to public affairs is to be ruled by evil men." Plato
The world is a tragedy to those that feel, and a comedy to those that think...Beppe Grillo
"The people should not fear the government for it is the government who should fear the people" UNKNOWN
"If You are looking for solutions to the world's problems , look in the Mirror , You Are The Solution , You have the power as a human being on this planet " UNKNOWN
"They don't control us , We empower them " UNKNOWN
"Serial Killers do on a Small Scale What Governments do on a large one..."
Serial Killer Richard Ramirez
"When the people fear their government, there is tyranny; when the government fears the people, there is liberty."
Thomas Jefferson
Albert Einstein
Schools manufacture people who think that they're smart but they're not.
Robert Kiyosaki
Education is what you learn after you leave School
Robert Kiyosaki
" Schools were designed to create employees for the big corporations."
Robert Kiyosaki
"If a law is unjust, a man is not only right to disobey, he is obligated to do so" Thomas Jefferson
Dissent is the highest form of patriotism
Thomas Jefferson
“True education makes you feel stupid. It makes you realize you have so much more to learn.” Robert Kiyosaki
"One day your life will flash before your eyes. Make sure it's worth watching." - Gerard Way
"Aspire not to have More but to be More "
UNKNOWN
The losers in life think they have all the answers. They can’t learn because they’re too busy telling everyone what they know.
Robert T. Kiyosaki
"Failure is simply the opportunity to begin again. -This time more intelligently." Henry Ford
What You Own Owns You
UNKNOWN
If you expect the government to solve your problems, you have a problem. Robert Kiyosaki
"Those who give up their liberty for more security neither deserve liberty nor security." Benjamin Franklin
"None are more hopelessly enslaved than those who falsely believe they are free.” - Johann Wolfgang von Goethe
"Always trust someone who is seeking the truth , never trust someone who found it" Jordan Maxwell
Be The Change you want to see in The World
UNKNOWN
Failure inspires winners but defeats losers
Robert Kiyosaki
“If you are planning for a year, sow rice; if you are planning for a decade, plant trees; if you are planning for a lifetime, educate people” A Chinese Proverb
"First they came for the Socialists, and I did not speak out--
Because I was not a Socialist.
Then they came for the Trade Unionists, and I did not speak out--
Because I was not a Trade Unionist.
Then they came for the Jews, and I did not speak out--
Because I was not a Jew.
Then they came for me--and there was no one left to speak for me." UNKNOWN