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Specialization and Decline
(unknown author) via Financial Sense on Tue, 25 Nov. 2008
by J. R. Nyquist. "Years ago, when the West entered onto a path of decadence, it became fashionable to deny the historical consequences of permissiveness and bad behavior. As the old standards fell away, new standards of “tolerance” and “acceptance” took hold." readmore
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Citigroup Collapses! Global Banking System Shutdown Possible
(unknown author) via The Market Oracle on Tue, 25 Nov. 2008
It pains me deeply to announce that, despite the massive government rescue, yesterday's collapse of Citigroup could ultimately lead to a shutdown of the global banking system. For many years, I hoped this would never happen, and I thought we might be able to avoid it. readmore
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Fed Bails Out Rich Arabs in Citigroup Deal
Cliff Kincaid via MND: Your Daily Dose of Counte on Tue, 25 Nov. 2008
For several days there was a fierce national debate over whether American car companies in Detroit deserved $25 billion of taxpayer money and whether American jobs should be saved. The automakers and a union representative were ridiculed, didn’t get the money, and were told to come up with a “plan” to save the companies. After b readmore
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After Citi, is Bank of America next?
(unknown author) via Reuters: Most Read Articles on Mon, 24 Nov. 2008
NEW YORK (Reuters) - A government rescue plan has eased investors' concerns about Citigroup Inc, but mines lurking in the balance sheets of rivals including Bank of America Corp could still tempt short-sellers. readmore
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Synthetic Viruses Could Explain Animal-to-Human Jumps
Brandon Keim via Wired Science on Mon, 24 Nov. 2008
In a technical tour de force with potentially profound implications for the study of emerging diseases, researchers have readmore
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Naked Citi
don via iTulip.com on Mon, 24 Nov. 2008
Naked Citi The Rise and Fall of Citigroup By PAM MARTENS readmore
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Is Britain going bankrupt?
(unknown author) via Ambrose Evans-Pritchard's on Mon, 24 Nov. 2008
The bond vigilantes are restive. We are not yet facing a replay of the 1970s 'Gilts Strike', but we are not that far off either. There is now a palpable fear that global investors may start to shun British debt as the budget deficit rockets to £118bn - 8 per cent of GDP - or charge a much higher price to cover default risk. readmore
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Bailout Cost: Government Prepared To Lend More Than $7.4 Trillion To Ease Credit
The Huffington Post News Edito via The Huffington Post | Full New on Mon, 24 Nov. 2008
The U.S. government is prepared to lend more than $7.4 trillion on behalf of American taxpayers, or half the value of everything produced in the nation last year, to rescue the financial system since the credit markets seized up 15 months ago. The unprecedented pledge of funds includes $2.8 trillion already tapped by financial institutions in the biggest response to an economic emergenc readmore
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Kenyan Ambassador to the United States, His Excellency Peter Ogengo, Admits Obama Born in Kenya
SeanOsborne via The NEIN Blog on Mon, 24 Nov. 2008
Update 24 NOVEMBER 28: Kenyan Ambassador Peter Nicholas Rateng’ Oginga Ogego appears to be finding himself in hot water both in Washington and in Kenya. However, that hot water is not due to his on-air comments to Detroit's WRIF FM 101 "Mike in the Morning" program regarding Barack Obama's Kenyan birthplace, the hot water is due to Ambassador Ogego's stingin readmore
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Sue Bradley’s ‘Black Awakening’–Part IV: The Green Man
admin via Peering into Darkness on Mon, 24 Nov. 2008
Treebeard, JRR Tolkien’s The Two Towers by Peter Xavier Price (Source: ) readmore
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Scientists discover 21st century black plague that spreads from rats to humans
(unknown author) via Home | Mail Online on Mon, 24 Nov. 2008
A new plague which jumps from rats to humans has been discovered by scientists. readmore
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Entire World Insolvent Soon [The Panic Of '08]
Ryan Tate via Gawker on Mon, 24 Nov. 2008
Reports tonight surfaced that the federal government is offering to buy tens of billions of Citigroup's worst holdings. A bailout is impossible, because Citigroup i readmore
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Good Old-Fashioned Cash Is Back For More Americans
The Huffington Post News Edito via The Huffington Post | Full New on Sun, 23 Nov. 2008
NEW YORK — Cash or credit? For more Americans, who have already maxed out their credit cards or are just trying to manage their spending better in the tough economy, the answer is increasingly the old-fashioned one. Retailers like Wal-Mart Stores Inc., Target Corp. and J.C. Penney Co. are noticing a marked shift away from credit cards in favor of cash and debit cards. A big factor is readmore
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Vigilant Shield 09: A Cover for Illegal Domestic Operations?
Antifascist via Antifascist Calling... on Sun, 23 Nov. 2008
On November 17, U.S. Northern Command (NORTHCOM) and the North American Aerospace Defense Command (NORAD) concluded Vigilant Shield 09 (VS09), described in a press release as a training exercise focused on "homeland defense and civil support."Launched by Pr readmore
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Obama Appointee Questionnaire Demands Info on Individual and 'Immediate Family' Gun Ownership
Tom Blumer via NewsBusters.org - Exposing Lib on Sun, 23 Nov. 2008
It may not be an automatic disqualifier for an Obama administration appointment, as Ed Morrissey at Hot Air suggested on Friday, but it's certainly an affront to the personal privacy rights of individuals and families. The Politico readmore
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The Truth About Bailouts
Peter Schiff via US Market Commentary from Seek on Sun, 23 Nov. 2008
Peter Schiff submits:As the Federal bailout bonanza prepares to spread beyond the mortgage and financial sectors to fill Detroit's depleted coffers, few economic or policy analysts have spared a thought for the destitution of the U.S. government itself. Put simply, our government doesn't have enough spare cash to bailout a lemonade stand le readmore
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What MUST Be Done To Avoid Financial Destruction
Jim Sinclair via Welcome To Jim Sinclair's on Sun, 23 Nov. 2008
My Dear Extended Family, Things are now "Out of Control." This international financial crisis is now out of control as the world asks if the USA has two presidents, one president or no president at all. It would appear that Paulson is in financial control with Bernanke as his second. I warned you by personal email long before the statement was proven readmore
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Has the Fed Mortgaged Its Own Future?
(unknown author) via Barron's Most Viewed Today on Sat, 22 Nov. 2008
The Fed's highly leveraged balance sheet will make it hard to fight inflation. readmore
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Senator Inhofe: Henry Paulson Behind Threat of Martial Law
Allison Bricker via The Smoking Argus on Thu, 20 Nov. 2008
In an interview with Pat Campbell of KFAQ out of Tulsa, Oklahoma, Senator Inhofe (R-OK) revealed Secretary of the Treasury, Hank Paulson as the person who was feeding Congress threats of Martial Law in America if the bailout failed to pass.  This also sheds new light on Representative Brad Sherman’s (D-CA) comments on the house [...] readmore
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China's hackers stealing US defence secrets, says congressional panel
Owen Bowcott via Latest news, sport, business, on Thu, 20 Nov. 2008
readmore
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