Banks Need to Unleash Money, Not Freeze Foreclosures says Mike Reagan

The Reagan Group Chairman Mike Reagan argues a freeze on foreclosures will not help the housing market

Financial Collapse Jim Willie 10-7-2010

Jim Willie interview with Miningstiocktalk.com 10-7-2010

Goldman predicts economy failing

Goldman Sachs says the US economy is going to be "fairly bad" with little growth or "very bad" going into recession. It's what a lot of people in the financial community have been saying for the last 6 months, so why are their comments making such a splash in the media, and what motives do they have in saying this now?

Mark Mobius : Deep correction quite possible before year-end

Global markets have been okay for the last few sessions but as we head towards the next expected round of quantitative easing there is a lot of debate building up on the West on what the quantum will beM-^Wwhether the size will be enough and whether it's desirable and will have the desired effect in the first place.

Unemployment to Rise?

A look ahead of tomorrow's jobs report.

Eurozone Crisis is Building: Spain downgraded; Irish bank needs bailout

Sept. 30 (Bloomberg) -- George Magnus, senior economic advisor at UBS AG, discusses Europe's sovereign debt crisis. Spain's top credit rating was cut one level today by Moody's Investors Service to Aa1 from Aaa with a stable outlook. Magnus speaks with Deirdre Bolton on Bloomberg Television's "InsideTrack."

Europe hit by anti-austerity protests

Tens of thousands of protesters have been voicing their anger against spending cuts by some EU governments. .

Rob McEwen : Gold Will Reach $5,000 Per Ounce

Gold Chairman Rob McEwen discusses why the precious metal is poised to take off during the next few years.

Impact of Tax Cuts, Hikes on Markets

Efficient Capital Management's Larry Shover on how the markets will react if tax cuts are extended.

Government Looks to Wiretap All Communication

FBN's Shibani Joshi on law enforcement officials pushing new rules to make it easier to listen into private conversations

Debt Meets Inflation

Guest: Garth Turner.

Timelines and Forecasts - Coast to Coast AM

Host: George Noory

Guests: Paul Guercio, Glynis McCants


Futurist Paul Guercio discussed predictions and timelines derived from the Merlin Project, a software-based forecasting technology, he developed with Dr. George Hart. The program is based on the idea that there are repeated pattern changes that occur in 7-year cycles within a person's life, he explained. Interestingly, "timetraks" (Merlin's timelines) depict changes even after people die, such as in the case of Michael Jackson, who shows peaks in 2013, which might reflect a boost in music sales during that year, he noted.

He discussed the timetrak (PDF file) for Tiger Woods, who shows a huge spike over a four year period between 2010 and 2014, which possibly indicates some type of extreme behavior, such as quitting golf. Hillary Clinton's timetrak spikes in 2012, and Guercio suggested she may take Biden's place as the VP, to set herself up for a presidential run in 2016. He foresees Obama being elected to a second term, and it being comparatively uneventful to his first four years in office.

Guercio highlighted some of the points in his 25 page report How the Future Happens (a free read on his website). For instance, the date that is exactly opposite your birthday-- six months later on the calendar, this is a higher time of vulnerability, and "in certain years, you're going to find more of the big stuff happens around those dates," he said.

Numerology Update
First hour guest, numerologist Glynis McCants talked about the numbers of Pres. Obama, and shared insights about politics, and celebrities like Lady Gaga. She believes her prediction that August was going to be a difficult time for Obama turned out to be quite accurate, as he was dogged by controversies, and economic problems during that month.

Website(s):
-projectmerlin.com
-numberslady.com
Book(s):
-Love by the Numbers
-Glynis Has Your Number

PRESIDENT AHMADINEJAD TELLS U.N. 9/11 WAS AN INSIDE JOB

Iran President UN Speech

Iranian President Mahmoud Ahmadinejad told the United Nations on Thursday most people believe the U.S. government was responsible
for the attacks of September 11, 2001, prompting the U.S. delegation to leave in protest.
In what was a rare moment of truth telling, iraninan president Ahmadinejad tells the UNGA that "everybody knows the US government orchestrated 911"

The USA delegates and others left the UN in protest at such truths being told.

9/11 was an inside job!

Your Bailout Bucks Up in Smoke

FBN's business experts sound off on the fact that Chrysler employees were caught using drugs and drinking during their lunch break.

Michael Moore on Countdown With Keith Olbermann - 9/32/10

"Harry Reid -- I mean, seriously, I want to go down there tomorrow and tell him to drop and give me 20. ... This guy, absolutely no backbone... It's so frustrating. ... Somebody's got to light a fire under these guys. ... We've got six weeks left. How do we save the Democrats from themselves? Because if the Republicans are taking over, the knife goes in even deeper at that point. ... Only the people -- the people watching this -- are just going to have to say, 'you know what? We're just going to have to do this.' ... What do you do when the leader doesn't do it? You have to do it. ... This is what we've got to do now in these next six weeks." -- Michael Moore on Countdown with Keith Olbermann, Thursday, September 3rd, 2010

Help light the fire at http://www.michaelmoore.com

Lehman Bros Domino Effect still flattens US banking system

As the U.S. deals with bankruptcies and foreclosures, Americans are looking at who's to blame for the current state of their economy. Some are pointing the finger at Investment Bank Lehman Brothers and say its demise drove the country into debt.

European Commission to Draft Rules on Wild West Trading

BBC online reports on Wednesday, the European Commission has put forth a draft of rules on trading in what it calls "Wild West territory," or intricate financial products. The Commission wants to put a watchdog in place to monitor the derivatives market for products that are not purchased, but are used to make bets on assets. European Commission officials also want to take a look at short-selling, which some say that along with derivatives, have contributed to the eurozone's debt crisis.

Where to Put Your Money Today

FBN's market experts break down how to boost your portfolio.

Images Of New Exploded Oil Rig

The Tired Stimulus Approach Has Failed

September 03, 2010 News Corp

Egypt searches for $50m Van Gogh painting

Egyptian authorities have had to make an embarrassing U-turn on the disappearance of a Vincent Van Gogh painting from a Cairo museum.

An empty frame is all that is left after "Poppy Flowers", worth $50m, was stolen on Sunday.

Following initial reports that it had been recovered, the country's culture minister backtracked on his claim.

The theft raises serious questions and concerns about the state of security at Egypt's top museums, which house some of the world's most precious, rare and valuable antiquities and artwork.

Al Jazeera's Ayman Mohyeldin reports from Cairo.

Steve Forbes on 401K Withdrawal Rate

Steve Forbes discusses how the economy is driving people to tap their retirement savings for daily expenditures.

German economy sees record growth

After months of an economic slump, Europe's main stock markets have bounced back as economic growth in Germany and France boosted investors' sentiment.

Germany, the region's biggest economy, published on Friday its best quarterly GDP growth since 1990 of more than two per cent in the second quarter.



The country helped lift growth in the eurozone overall to one per cent and more than made up for the struggling economies of Greece, Spain and Ireland.

That rate of German expansion is unlikely to last, and early gains for European shares slipped back again, as did the euro's rise against the dollar. But traders, it seems are happy.

Al Jazeera's Rory Challands reports.

Omar Khadr Attorney Collapses At the Trial

August 12, 2010 CBC News

Fed To Buy More Government Debt; Rates Remain Low

AssociatedPress--August 10, 2010--
The Federal Reserve said it will use the proceeds from its investments in mortgage bonds to buy government debt on a small scale. Economists say that could help nudge down interest rates, but won't have a dramatic impact on stimulating growth.
The Associated Press 2010

WikiLeaks Disclosure Raises Serious Questions About U.S. Policy In Afghanistan! Sen John Kerry

July 26, 2010 MSNBC : WikiLeaks Disclosure Raises Serious Questions About U.S. Policy In Afghanistan! Sen John Kerry

Oakland to Authorize Marijuana wholesale cultivation ?

City moves closer to authorizing wholesale marijuana cultivation

Obama Pushes for Unemployment Benefits Extension

FNC's Doug Lazader on the debate over where funding will come from for a potential extension of unemployment benefits.

CIA Paid Iranian Scientist $5 Million

KT McFarland on latest information regarding mole claiming to have been kidnapped by U.S.

Euro Zone Breakup Would Benefit Member States

July 12 (Bloomberg) -- Christopher Smallwood, an associate at Capital Economics Ltd., talks about the prospects for the breakup of the euro zone. Smallwood speaks with Andrea Catherwood on Bloomberg Television's "The Pulse."

The End of the Eurozone ?

Eurozone in focus

It started out with Greece having a few debt issues, but has grown into a full-blown currency crisis. On this episode of Counting the Cost we put the eurozone in focus. Plus, internet paywalls and journalism and the World Cup's legacy.

Tensions between Iran and the UAE

The United Arab Emirates says reports it would be willing to back military action against Iran are "inaccurate". Its ambassador in the U.S. said earlier this week that the Emirates would support military action against Iran.

And as Dan Nolan reports, those remarks are heightening tensions over three disputed islands in the Gulf.

Tar Balls Wash Up on Texas Beach

AssociatedPress | July 05, 2010 Tar balls from the Gulf oil spill have been found on a Texas beach, and are the first evidence that gushing crude from the Deepwater Horizon well has now reached all the Mexican Gulf states of the southern United States. (July 5)

US unemployment rate may rise to 10%: Moody's

Are the stimulus effects coming to an end ???

Krugman is speaking about the risk of a double dipp recession ...Should the Us follow Europe's path in imposing austerity in order to boost the economy ? ...Gus Faucher, director of macroeconomics at Moody's Economy.com, says the reason for the dip in US unemployment rate in June was because a lot of people have left the labour force. "But I think it is going to head towards 10 per cent by the end of 2010," he says.

Marijuana Charges Dropped Against Paris Hilton

AssociatedPress | July 02, 2010 Paris Hilton briefly appeared in a South African courtroom where charges of possession of marijuana were dropped. She was arrested at the World Cup game between Brazil and the Netherlands. (July 2)

Alleged spy hearings delayed 

Detention hearings have been delayed until tomorrow for three of the eleven alleged Russian spies who resided in Virginia. Patricia Mills' and Michael Zottoli's lawyers said that they had just received additional government information and wanted to postpone the hearings, while Mikhail Semenko had to wait until tomorrow to be assigned a public defender. The prosecution agreed and said they would seek an indictment in New York late next week.