Monday, February 28, 2011

Wall Street Getting Away With Financial Murder

MSNBC—Feb. 28--From the Dylan Ratigan Show. Banks getting away with financial murder.

Sunday, February 27, 2011

Irish Voters Prepare to Ditch Government on Bank Crisis

Feb. 25 (Bloomberg) - Irish voters go to the polls today with anger over the collapse of the economy and the cost of rescuing banks expected to result in the biggest shift of political power in the country's history.


it is going to take bold action against the banksters to rid themselves(Irish) of their slavery. Let's hope more go the way of Iceland. I just think that the banksters will have something up their sleeve..I'm always hearing more and more of a one world currency, that's something the whole world should be fighting against.

Friday, February 25, 2011

Dollar Armageddon Ahead?

Feb. 25 2011 | Why the dollar is about to crash, with Damon Vickers, Nine Points Capital Management founder, and "The Day After Dollar Crash" author.

Thursday, February 24, 2011

Jobless Claims Fall for Week of February 19th 2011

Jobless Claims Fall for Week of February 19th 2011

Less people filed for unemployment than economists expected last week. According to the U.S. Department of Labor, 391,000 individuals claimed benefits during the week of February 19th. Economists, on average expected 405,000 filings.

The unemployment measure has been volatile in past weeks, likely fluctuating due to severe winter weather throughout the country. Checking in on the 4-week average for better perspective, there appears to be a downtrend occurring, which suggests an improving job market.

Tuesday, February 22, 2011

Richard Wolff:Greece & Ireland:Epic Fiscal Failure

Richard Wolff:Greece & Ireland:Epic Fiscal Failure

Sunday, February 20, 2011

100,000 Protest for Union Rights in Wisconsin

AlJazeeraEnglish--February 20, 2011--Budget problems are forcing state governors across the US to propose drastic measures to balance the books. In the state of Wisconsin, roughly 100,000 people turned up for a fifth straight day of protests. Public sector workers accuse the state's Republican governor of using the crisis as a reason to attack their union rights. Roger Wilkison reports.


None of these public sector employees could figure out that it was in large part the private sector manufacturing jobs that payed thier wages. As those jobs where being destroyed by the tens of millions the public sector didn't think for one minute that the financing for thier wages was being shipped out of the country. The only thing they could see was what foreign made crap was on sale at Walmart? Class War 101, divide and conquer

Friday, February 18, 2011

Wisconsin Budget Battle

Feb. 18 2011 | Protests roll in Wisconsin, with Zac Schultz, WMTV reporter; Robert Reich, UC Berkeley; and Rep. Scott Suder, (R-WI).

Thursday, February 17, 2011

Initial Jobless Claims Higher Than Expected

410,000 people filed for unemployment benefits during the week of February 12th. That's an uptick from the prior week's 383,000 filings, which was the lowest level in 2.5 years. Economists were spot-on in their projection of the latest claim number. Analysts attribute the latest rise to winter weather, which delayed the filing and processing of many claims.

The U.S. unemployment rate stands at 9.8%.

Wednesday, February 16, 2011

World Bank: Global Food Prices at Dangerous Levels

The World Bank says that global food prices are at dangerous levels with food prices hiking security issues.

Tuesday, February 15, 2011

Economic Data Reports: February 15th, 2010

U.S. January Import Prices are up 1.5% for the month of January. That number is up from December's revised increase of 1.2%. Inflation worries continue to be in the realm of food and energy where price rates increases are in the mid-teens. Higher energy and food costs particularly pressure consumer spending.

The February Empire State Factory Index also yielded a rise for the month of January. The index came in at 15.4, up from the prior month's 11.92. Analysts were expecting a reading of 15 even. A jump in new orders is a sign of further improvement in the economy.

Also out early this morning, retail sales which rose by 0.3% in January. A dip from February's revised 0.5% rise. The gain in January sales is attributed to higher gasoline prices. Economists on average expected a rise of 0.5% for the first month of 2011.

Monday, February 14, 2011

Worst of the Global Financial Crisis Yet to Come

Feb. 13 2011 | With inflation set to rise further, Martin Hennecke, associate director at Tyche, recommends investing in commodities such as gold and silver. He talks to CNBC's Bernard Lo and Oriel Morrison.

Sunday, February 13, 2011

Obama Takes Scalpel to Budget, Avoiding Pain

President Barack Obama's $3.5 trillion-plus budget plan will likely be ignored by resurgent Republicans intent on cutting tens of billions of dollars from the president's old budget. (Feb. 13)

Wednesday, February 9, 2011

Bernanke Opening Statement

Feb. 9 2011 | Fed Chairman Ben Bernanke takes questions on the economy and inflation.


Tuesday, February 8, 2011

End of Japan Deflationary Environment is Near

Feb. 7 2011 | Robert Parker, senior advisor at Credit Suisse, says prospects of a weaker yen and low price-to-book ratios for Japanese corporates will benefit the country's equity market this year. He tells CNBC's Martin Soong & Saijal Patel that he's forecasting positive inflation in Japan by mid-year.


Monday, February 7, 2011

Jobs, Ads and Mubaraks Pay Raise - Bloomberg TV

Bloomberg TV's Dominic Chu and Adam Johnson go under the radar to talk about the stories you may not have heard today.Jobs, Ads and Mubaraks Pay Raise - Bloomberg TV

Fractals, Fibonacci and socionomics

In the 1930s Ralph Nelson Elliott identified repeating patterns in stock market, which he termed "waves". Robert R. Prechter Jr. linked the psychological basis of waves to humans` unconscious impulse to herd and observed that social mood governs not only finance but also areas as diverse as popular culture, economic production, electoral politics and war. He has proposed a new field called socionomics - the science of history and social prediction.
Wojtek Luciejewski,

Friday, February 4, 2011

Unemployment Falls to 9.0%, Only 36K New Jobs

The unemployment rate dropped sharply last month to 9 percent, the lowest level in nearly two years. But the economy generated only 36,000 net new jobs, the fewest in four months. (Feb. 4)

Thursday, February 3, 2011

Inflation Threat to Markets

Feb. 3 2011 |Discussing how big a threat inflation poses to the markets, with CNBC's Courtney Reagan; Peter Boockvar, Miller Tabak; Alan Valdes, DME Securities; and Peter Costa, Empire Executions.

Wednesday, February 2, 2011

ADP Report Points to Positive Job News

Payroll processor ADP reported that private companies added 187,000 jobs in January, more than economists expected. (Feb. 2)

Monday, January 31, 2011

Insight From JPMorgan Leaders

Jan. 28 2011 | Discussing why economic optimism is justified, with Jamie Dimon, JPMorgan chairman/CEO and Mary Erdoes, JPMorgan Private Bank.

Friday, January 28, 2011

Food Inflation Sparking Unrest worldwide

Jan. 28 2011 | Philippa Malmgren, president of Principalis Asset Management told CNBC that inflation played an important part in the political uprising in North Africa. "First you have to price them out of food and then this happens, so we should expect this across many countries," she said.

Thursday, January 27, 2011

2011 Davos Forum Kicks Off

The 2011 Davos Forum kicks off. This year's theme is Shared Norms For New Reality.

Tuesday, January 25, 2011

How Severe Is Europe's Intertwined Debt Crisis?

Economics correspondent Paul Solman reports on the ongoing fallout from Europe's debt crisis, which has led to political woes and bank bailouts among other problems. His update is park of his ongoing series on Making Sen$e of financial news.



It's a big problem for the banks that took the loans they knew they never should have made. These people are not idiots, they knew they were making choices that would end their companies. This is what bothers me about the media, they set up their story to make it seem like they're are defending the people, but then they always end it with some words like that, "a big problem for us all". How is a private company's bad loans my problem?

Sunday, January 23, 2011

Interview with Rainer Brüderle, German Economics Minister

The German Economy : How can it continue to prosper? In the interview: the German Economics Minister, Rainer Brüderle.



German industry out sourced to cheap labour eastern europe and industrialist maximized their profits. German workers were forced into lower wages. the birth rate has collapsed because life in Germany is too competitive. the rich have become super rich at the expense of workers. in 50 years there will be no Germans workers left. germany will be a country only in name.

Thursday, January 20, 2011

Niall Ferguson : Post-American World a New Dark Age ?

Historian Niall Ferguson fears a post-American world would bear close resemblance to the Dark Ages that followed the decline of the Roman Empire. He foresees chaos across the Middle East and the rise of China as the next superpower. "A world without a strong America is a dangerous world," he exclaims.
I normally like Niall but I don't think that it will be a new dark age.When Rome collapsed it was the dark ages in Europe only, a dark age for only about 8% of the world whereas in the rest of the world we couldn't care about Europe.


Niall Ferguson, David Gergen, and Mort Zuckerman discuss how America's global standing will be affected by the continuing financial crisis. This program was recorded in collaboration with the 2010 Aspen Ideas Festival, on July 8, 2010.

Niall Ferguson, MA, D.Phil., is the Laurence A. Tisch Professor of History at Harvard University. He is a resident faculty member of the Minda de Gunzburg Center for European Studies.

He is also a Senior Research Fellow of Jesus College, Oxford University, and a Senior Fellow of the Hoover Institution, Stanford University.Yes we are headed for a new dark age and deceptive history professors/ globalist minded finacial advisors. are helping things along nicely.I could tell this man has an agenda from the start.

Tuesday, January 18, 2011

China-U.S. Sign-In 6 Trade Agreements

In Houston, China and the U.S. sign in about $600 million in trade deals; one day in advance of the Chinese President's visit to the U.S.

Monday, January 17, 2011

What is Money and the Money Supply?

Different Ideas on what money is instead of thinking about M1 M2 and M3.

Saturday, January 15, 2011

Glenn Beck - The China Syndrome

think outside of the box, the chinese made the box


Though I often think that I'm glad that Beck is saying what he's saying on TV, I always suffix that thought with "HE IS A LITTLE LATE TO THE PARTY". To understand China you need to understand the culture which has endured 6500 years despite what the politics of the day might be.The family, education, and hard work (to severely simplify some tenets of Chinese culture) are engrained from birth. Beck thinks China advanced overnight - those who are aware knew the US was to be displaced 30 years ago.
It's the Wall Street, stupid. The German's are into the stock market for a quick profit and speculate like the Americans. The Germans are really have both of their feet on the ground focusing doing the finest work. Japan was the same way before they got seduced by Wall Street which crashed them until today. China are now realized what's their problem. They started to look at the German's and Japanese and study hard.All the 1% richest Chinese connected to the political power local or cenral. The rich gap in China is bigger than that of the US. China certainly outdone the American in such way. And they are way more greedy than the Americans. Many intelligent Chinese are very very worry about the future of China. They see China economy is empty from the inside out.

Friday, January 14, 2011

Thursday, January 13, 2011

Foreclosures Hit Record

Jan. 13 2011 | Home foreclosures are topping 1 million for the first time ever in 2010, with Nishu Sood, HIS Analysis.

Wednesday, January 12, 2011

Delta Smelt & Undocumented Farm Workers: How Federal Policy Is Failing CA's Central Valley

California's Central Valley is a 450 mile long stretch of flat and fertile land that produces much of the food that we enjoy every day. But the people in small towns like Mendota (the cantaloupe capital of the world) are suffering these days, in part due to two federal policies.

In order to protect a threatened fish species called the Delta Smelt, much of the water that used to be pumped from the Sacramento-San Joaquin Delta to farms on the west side of the San Joaquin Valley is now allowed to flow into the ocean. The result is predictable: hundreds of thousands of acres of farm land lies fallow and tens of thousands of jobs have been lost. In Mendota, the unemployment rate is over 40% and food lines are the norm.

But people going hungry in a region dominated by agriculture is only one of the contradictions in the Central Valley.

Nearly all the valley's farm workers are immigrants from Mexico and Central America, and many of them are undocumented. These people are crucial to the valley's economy, but they're breaking the law according to the federal government.

To learn more about the Central Valley and its discontents, we spoke to Robert Silva, mayor of Mendota; Kim Sullivan, a small business owner who makes gear drives for irrigation pumps; Maria Angel, a cafe owner and GED instructor; and Chris Collins, who recently authored a special Fresno Bee series about illegal immigration called "In Denial".
Approximately 8 minutes. Produced by Paul Feine and Alex Manning.

Visit Reason.tv for downloadable versions and subscribe to Reason.tv's YouTube channel to receive automatic notification when new material goes live

Tuesday, January 11, 2011

Portugal Bailout Inevitable

Jan. 11 2011 | Portugal says it is doing all it can to avoid external aid, but the country is "just a small economy in the massive sea of the euro zone", Piers Curran, head of trading at Amplify Trading told CNBC. "Portugal will inevitably have to ask for a bailout because the bond yields will not allow them to continue to fund their deficit," he said.

Monday, January 10, 2011

Portugal Under Pressure

Jan. 10 2011 | Portugal is under pressure to seek EU/IMF Aid, with CNBC's Guy Johnson.

Blog Archive

“Control oil and you control nations; control food and you control the people.” Henry Kissinger


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


Po
litical 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

In The Left Nothing is Right & in The Right nothing is Left
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

There is a Class War going on in America, & unfortunately, my class is winning." Warren Buffet

"When the people fear their government, there is tyranny; when the government fears the people, there is liberty."

Thomas Jefferson

"College is a waste of Money"
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