featured posts

Euro area official sector exposures to Greece in excess of EUR 290bn Total; EUR 84bn Germany, EUR 63bn France, EUR 55bn Italy, EUR 37bn Spain

Euro area official sector exposures to Greece in excess of EUR 290bn Total; EUR 84bn Germany, EUR 63bn France, EUR 55bn Italy, EUR 37bn Spain

Via email I received an interesting set of facts

Via email I received an interesting set of facts[Continue]

We Are Watching The Greek Banking System Die Right In Front Of Our Eyes

We Are Watching The Greek Banking System Die Right In Front Of Our Eyes

Money is being pulled out of Greek banks at an

Money is being pulled out of Greek banks at an[Continue]

Nationalized Spanish Bank Plummets On News Of Bank Run

Nationalized Spanish Bank Plummets On News Of Bank Run

Submitted by Tyler Durden on 05/17/2012 07:21

Submitted by Tyler Durden on 05/17/2012 07:21[Continue]

The Housing Fall Isn’t Over

The Housing Fall Isn’t Over

By A. Gary Shilling Don’t buy your first

By A. Gary Shilling Don’t buy your first[Continue]

The wrecking ball of hidden inflation and Fed based strategies – food inflation far outpacing overall inflation and eating away at the purchasing power of 46,000,000 Americans on food stamps.

The wrecking ball of hidden inflation and Fed based strategies – food inflation far outpacing overall inflation and eating away at the purchasing power of 46,000,000 Americans on food stamps.

Posted by mybudget360 The Federal Reserve has

Posted by mybudget360 The Federal Reserve has[Continue]

A Defense of the Morg

A Defense of the Morg

Man-o man did the Morg screw up! Let me count

Man-o man did the Morg screw up! Let me count[Continue]

The 2 Billion Dollar Loss By JP Morgan Is Just A Preview Of The Coming Collapse Of The Derivatives Market

The 2 Billion Dollar Loss By JP Morgan Is Just A Preview Of The Coming Collapse Of The Derivatives Market

When news broke of a 2 billion dollar trading

When news broke of a 2 billion dollar trading[Continue]

Gay Marriage – It May Destroy Western Civilization, But It Sure is a Wonderful Fundraiser

Gay Marriage – It May Destroy Western Civilization, But It Sure is a Wonderful Fundraiser

by ALEXANDER COCKBURN It started with lesbian

by ALEXANDER COCKBURN It started with lesbian[Continue]

An Ex-LTCM Trader Will Be Overseeing $70 Trillion In Derivatives

An Ex-LTCM Trader Will Be Overseeing $70 Trillion In Derivatives

Submitted by Tyler Durden on 05/14/2012 09:53

Submitted by Tyler Durden on 05/14/2012 09:53[Continue]

Long and the Short of JPMorgan

Long and the Short of JPMorgan

Submitted by rcwhalen on 05/11/2012 06:43 -0400

Submitted by rcwhalen on 05/11/2012 06:43 -0400[Continue]

Europe: Big Problems Remain For Markets

Europe: Big Problems Remain For Markets

May 11, 2012 In December 2011, the European

May 11, 2012 In December 2011, the European[Continue]

Germany unmoved by anti-austerity votes in Europe

Germany unmoved by anti-austerity votes in Europe

By Noah Barkin and Stephen Brown

By Noah Barkin and Stephen Brown[Continue]

Frightening Revelations About Where Our Food Comes From

Frightening Revelations About Where Our Food Comes From

Ashley Lutz | May 7, 2012, 1:28

Ashley Lutz | May 7, 2012, 1:28[Continue]

The Empire vs. Iran (and Syria): A New World War for a New World Order?

The Empire vs. Iran (and Syria): A New World War for a New World Order?

BY JOONEED KHAN   Confronted with a

BY JOONEED KHAN   Confronted with a[Continue]

The chicanery between the Fed and ECB – twin balance sheets near peak levels and many European nations back in recession. Methods of understating US unemployment rates.

The chicanery between the Fed and ECB – twin balance sheets near peak levels and many European nations back in recession. Methods of understating US unemployment rates.

The Fed and ECB (European Central Bank) have

The Fed and ECB (European Central Bank) have[Continue]

DANGER ALERT: Penson Clearing House May be Going Down

DANGER ALERT: Penson Clearing House May be Going Down

MF Global 2.0 May Be Unfolding Now Posted by Ann

MF Global 2.0 May Be Unfolding Now Posted by Ann[Continue]

The Inflation’s In The Poverty

The Inflation’s In The Poverty

The United States Department of Agriculture

The United States Department of Agriculture[Continue]

The designer baby factory: Eggs from beautiful Eastern Europeans, sperm from wealthy Westerners and embryos implanted in desperate women

The designer baby factory: Eggs from beautiful Eastern Europeans, sperm from wealthy Westerners and embryos implanted in desperate women

By DAVID JONES PUBLISHED: 16:12 EST, 4 May

By DAVID JONES PUBLISHED: 16:12 EST, 4 May[Continue]

There Are 100 Million Working Age Americans That Do Not Have Jobs

There Are 100 Million Working Age Americans That Do Not Have Jobs

The unemployment crisis in America is much worse

The unemployment crisis in America is much worse[Continue]

ART CASHIN: Here Are The 2 Things That Should Scare The Crap Out Of Everybody

ART CASHIN: Here Are The 2 Things That Should Scare The Crap Out Of Everybody

Eric Platt | May 4, 2012, 10:01

Eric Platt | May 4, 2012, 10:01[Continue]

news

Gold Welcomes Its New CTRL+Ping Overlords

Gold Welcomes Its New CTRL+Ping Overlords

Submitted by Tyler Durden on 05/17/2012 10:23 -0400 After days and weeks and months of pounding, gold reacted like a stung dog, soaring over $20 upon the realization that following the Philly Fed [Continue]

Doug Wead: Ron Paul is not OUT! He is UP! 5-14-12

MAY 15, 2012   “We are absolutely not dropping out of this race! We are focusing our efforts squarely on winning delegates and party leadership positions at state conventions.” - Jesse [Continue]

Waving the White Flag

Waving the White Flag By John Mauldin Waving the White Flag Viva Los Rescates Financieros de los Bancos Contagion is Real It Doesn’t End With Spain New York, Atlanta, and Philadelphia A common [Continue]

Euro zone turmoil boosts London property stampede

By Tom Bill LONDON (Reuters) – Worsening financial and political turmoil in southern Europe caused a surge of interest in London property last month with buyers from Greece and Spain showing [Continue]

Spanish and Italian Bond Yields Increase

by CalculatedRisk on 5/14/2012 08:54:00 AM From the WSJ: Global Stocks Hit by Greece Worries  Worries about what a Greek exit would mean for other euro-zone nations with hefty deficits pushed [Continue]

Credit Vs Equity: Spot The Odd One Out

Credit Vs Equity: Spot The Odd One Out

Submitted by Tyler Durden on 05/11/2012 10:50 -0400 When it comes to question of “who is right” in the market, the debate usually ends with credit (investment grade) or equity (and its [Continue]

The Man With Messianic Tendencies

A Putsch Against War by URI AVNERY GENERALS AND secret police chiefs get together for an attack on the politicians. In some countries, they arrest the president, occupy government offices and TV [Continue]

Ron Paul backers dominate Iowa GOP nominees for national convention

MAY 6, 2012 By Jennifer Jacobs The majority of Iowans on the list to go to Tampa for the GOP national convention could be aligned with Ron Paul, a presidential candidate who represents a movement [Continue]

“We are Preparing for Massive Civil War,” Says DHS Informant

Posted by Dominique de Kevelioc de Bailleul In a riveting interview on TruNews Radio, Wednesday, private investigator Doug Hagmann said high-level, reliable sources told him the U.S. Department of [Continue]

Forget the “if”… it’s just a matter of when.

  A version of this article originally appeared on our US site, Fool.com. Forget the talk of “if Spain defaults”. It’s just a matter of time now until the world’s [Continue]

More Than Half Of Retailers Miss April Sales Estimates

Submitted by Tyler Durden on 05/03/2012 09:42 -0400 This is not the way to start a new GDP quarter in which consumer expenditures are supposed to pick up following a weak Q1 GDP driven higher by [Continue]

U.S. Officials Continue To Shift Focus To “Homegrown Extremists”

Thursday, 03 May 2012 00:57 Madison Ruppert   This article was written by Madison Ruppert and originally published at The Intel Hub Last year I broke down a report from the Homeland Security [Continue]

Fed Watch: Bernanke’s Shift

Fed Watch: Bernanke’s Shift

Tim Duy: Bernanke’s Shift, by Tim Duy: There has been a fierce counterattack to Federal Reserve Chairman Ben Bernanke’s assertion that he is indeed the same Professor Bernanke that [Continue]

Austerity Around the World

By Bill Bonner     04/24/12 Baltimore, Maryland – When things are going well, people vote for the status quo. When they aren’t going so well, they move farther out on the political spectrum. [Continue]

53 Percent Of All Young College Graduates In America Are Either Unemployed Or Underemployed

    If you are in college right now, you will most likely either be unemployed or working a job that only requires a high school degree when you graduate.  The truth is that the U.S. economy [Continue]

Apple Angst As Expectations Remain Extreme

Submitted by Tyler Durden on 04/24/2012 08:56 -0400 Apple Apple is down 1.5% pre-market and comfortably back below its 50DMA on a top-line (and notably activations) miss from AT&T among other [Continue]

European Splintering Escalates: Dutch Government Falls; Slovakia Government Collapsed in March; Czech Government Collapse Coming Right Up

[Continue]

Think The US Student Loan Bubble Is Bad? You Ain’t Seen Nothing Yet

Think The US Student Loan Bubble Is Bad? You Ain’t Seen Nothing Yet

Submitted by Tyler Durden on 04/23/2012 12:36 -0400 By now virtually everyone has seen some combination of the two charts, showing the  magnitude of the student loan bubble, a topic which even [Continue]

How The Fed Could Blow Everyone’s Mind This Week

Joe Weisenthal | Apr. 23, 2012, 9:16 AM | 2,629 | 10 The strongly held consensus is that the Fed won’t announce any policy changes at its meeting this week (which wraps up Wednesday). Instead, [Continue]

MF Global Roundup: the [so-far] Great Escape of “Teflon Don” Corzine; Bankruptcy Shenanigans Exposed; the “F” Word Revisited

MF Global Roundup: the [so-far] Great Escape of “Teflon Don” Corzine; Bankruptcy Shenanigans Exposed; the “F” Word Revisited

Submitted by EB on 04/23/2012 09:25 -0400 Submitted by EconomicPolicyJournal.com   Ahead of Tuesday’s Senate Banking Committee hearing on MF Global, we present the April 20 installment [Continue]

videos

Tony Robins on out of control government spending

Tony Robins on out of control government spending
  The war numbers are wrong that’s only the increases on top of the standard spending on the wars. Ending the wars completely would take us half way through the whole year. The rest should come from scrapping departments and closing bases which he didn’t mention. And scrap the IRS to increase revenues.   [Continue]

Facebook Timeline Tyranny

Facebook Timeline Tyranny
  If you haven’t been timelined yet, you eventually will be! Why can’t Facebook let its users choose their page layout? Why is Timeline enforced on hundreds of millions of users? What is Timeline — a perfect way to present one’s biography or a way to get to know the dirty laundry of someone who [Continue]

Yellen Vs. Geithner – Two Views

Yellen Vs. Geithner – Two Views
Janet Yellen, Bernanke’s soul mate (and mouthpiece) spoke last week. She argued that the Federal Reserve’s Zero Interest Rate Policy (ZIRP) should be maintained for another three years. Tim Geither, Obama’s side kick, had a completely different take on the economy on the Sunday talk shows. And all this time I though it was only [Continue]

Syrian rebels ‘using Turkish refugee camps as base’

Published: 10 April, 2012, 14:59 Edited: 10 April, 2012, 21:56 http://rt.com/news/rebels-refugee-camp-attack-665/ Syrian refugees sit in front of a tent at Boynuyogun refugee camp in Hatay province on the Turkish-Syrian border April 2, 2012 (Reuters/Osman Orsal) The Syrian army’s pursuit of rebels across the Turkish border has shed light on claims of rebel groups using refugee camps as [Continue]

Marc Faber Predicts ‘Massive Wealth Destruction’ Through Hyperinflation, Social Unrest, Credit Collapse Or War

  Marc Faber was on CNBC this morning, peddling his standard doom He had two good lines: The first was that the #1 question investors should ask themselves is not ‘where can I make the most money’ but rather ‘where can I avoid losing the most money’? He then predicted that the endgame of all this easing will [Continue]

Buying Gold is One Way to Resist Bankster Tyranny

Submitted by smartknowledgeu on 03/23/2012 07:16 -0400 Below is a very informal video I made this morning in one rambling short take with no production value in response to the Turkish government asking Turkish citizens to hand over their gold to the Turkish banks in order to help stabilize the economy. The reason I made this video [Continue]

Syria: Game Over for Western Propaganda

Syria: Game Over for Western Propaganda
Syrian Activists Caught Lying, Syrian Rebels Caught Committing Atrocities. Tony Cartalucci, Contributing Writer Activist Post Why should the West intervene in Syria when it turns out “activists” giving daily body counts, the sole source of “evidence” for the UN’s ever climbing grand total, are caught not only lying, but staging entire interviews complete with fake gunfire directed “off [Continue]

Russian Billionaires Fistfight on TV, and Putin Weighs in (Video)

Russian Billionaires Fistfight on TV, and Putin Weighs in (Video)
Vladimir Putin has one word for out-of-control oligarchs: “hooliganism.” That’s how Russia’s prime minister Wednesday described the prime-time punch-up between two wealthy tycoons shown on a national TV talk show Sunday night. A video screen grab from a Russian TV chat show on Sept. 16 shows Russian businessmen Alexander Lebedev, left, and Sergei Polonsky, center, [Continue]

Ron Paul Just Put on A Great Show In Front Of Bernanke

Ron Paul Just Put on A Great Show In Front Of Bernanke
Joe Weisenthal and Simone Foxman | 15 minutes ago | 646 | 3 BloombergTV You just missed a classic Ron Paul tirade against Bernanke.  He claims that inflation is really at 9%, vs. Bernanke’s estimate of 2%, so he says they should split the difference at 5%. He held up an ounce of silver, and then brought up how much gasoline he could get [Continue]

more from the web

McCulley: Monetary and Fiscal policy must be “irresponsible” in a liquidity trap

McCulley: Monetary and Fiscal policy must be “irresponsible” in a liquidity trap

by CalculatedRisk on 4/01/2012 09:45:00 AM I’ve been reading former PIMCO managing director Paul McCulley for years (great insights). The following piece discusses the current liquidity trap and the failure of austerity in Europe: “Fiscal austerity does not work in a liquidity trap and makes as much sense as putting an anorexic on a diet.” From Paul McCulley [Continue]