Daily Archives: October 23, 2010

Teleprompter to make its historical debut in Parliament when Obama speaks

A teleprompter will be in use for the first time in the Central Hall of Parliament when US President Barack Obama addresses MPs on November eight.


Social Security has run deficits in 15 out of last 25 months

The US Treasury has needed to borrow money to pay Social Security benefits in 15 out of the last 25 months on record because the Social Security system was in deficit in those months, with the cost of monthly benefit payments exceeding…


Cash-strapped governments ramping up tax-collection efforts

Tax officials throughout the Washington region are trying new and often extraordinary measures to collect tens of millions of dollars in delinquent payments, as huge projected budget deficits threaten to slash public services.


Will the Federal Reserve Cause a Civil War?

What is the most likely cause today of civil unrest? Immigration. Gay Marriage. Abortion. The Results of Election Day. The Mosque at Ground Zero. Nope. Try the Federal Reserve’s next policy committee meeting Nov. 3rd.


Iran, Venezuela leaders seek ‘new world order’

The leaders of Iran and Venezuela hailed what they called their strong strategic relationship on Wednesday, saying they are united in efforts to establish a “new world order” that will eliminate Western dominance over global affairs.


China Lowers the Boom: Halts Shipments of Rare Earth Minerals To USA

“It makes logical sense: Whenever you have a shortage of raw materials in the world, it historically has led to war.” So said investment biker and Vancouver veteran Jim Rogers during a recent address to the Mises Institute in Alabama.


States of Emergency

Thirty-two states are on the path to UN-inspired carbon reduction, Cap-and-Trade schemes and unconstitutional alliances; the supporting Governors must be held accountable. Carbon reduction and population reduction go hand in hand.


Deutsche Bank: Fear The Declining Dollar and The Rise in Energy Prices

We estimate that every one percentage point decline in the real trade-weighted dollar translates into a $6 per barrel increase in oil prices. Every $6 dollar increase in oil prices is worth three cents more on retail gasoline prices.


$FNM $GS Why is Obama putting a Fannie Mae/Goldman Sachs lobbyist/consultant as NSA?

Obama last week tapped Tom Donilon as National Security Advisor. What’s Donilon’s resume? He was a top lobbyist at Fannie Mae during the housing bubble, when Fannie fought — with Democratic help — to avoid any restrictions or curbs on its work to…


DoD Expanding Domestic Cyber Role

The US Defense Dept. is quietly taking on an expanding role in defending US critical infrastructure from cyber attacks. In a break with previous policy, the military will provide cyber expertise to other government agencies and private companies…


Parallels To World War 2: Global Debt Structure Could Collapse

Strangely, this past September, the US equity market rose by about 8.8%, its best return for that month, since that same September (1939). To me the parallels are ominous. What were those people thinking back in 1939? Could a coming world war…


Deutsche Bank: Here’s Why Housing Will Sink GDP Next Year

The overhang of vacant homes remains elevated despite the historically low level at which residential construction has been running relative to GDP.


Chris Whalen on Foreclosure-Gate: “Obama is walking in H. Hoover’s shoes”

“This is cancer, this isn’t a sudden crisis event thats going to erupt out of the ground like some monster and trying to eat us, this is a slow wasting process, and if we don’t understand that that is the nature of deflation”…


Airing Harry Reid’s Dirty Laundry

… Reid accepted donations from a key Chinagate fundraiser: John Huang. Huang was responsible for arranging illegal contributions for the Clintons; in return their administration signed off on hi-tech exports that helped China upgrade its weapons…


MERS Apocalyptic Ponzi Scheme Exposed: If This Is True… KaBOOM

If true, this is the biggest fraud ever perpetrated in human history, and it permeates every single large financial institution in the Western World. 



Welcome To iDepression 2.0

With 86% of the U.S. workforce in the service industry, introducing tariffs on imported goods and devaluing the dollar will further put the squeeze on the American middle class who already have been systematically screwed by the ruling elite…