@DeadlineLive: James Evan Pilato on Hollywood's Watergate

Media Monarchy joins Jack Blood this month to talk about the waves of abuse news coming out of the church, the state, celebrity state, the news business and, of course, Hollyweird + the headlines, 'this day in history' and more on Deadline Live!



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#Newspurge: It's Not My Place

Econocrash:
Rhode Island First State to Pass Homeless Bill of Rights*
Five dead after German gunman 'took hostages when bailiffs arrived to evict him from his flat'*
Video: Chris Hedges Says: "Brace Yourself" -
The American Empire is over and the descent is going to be horrifying; Slow motion coup d'etat underway*
Video: "We are absolutely slaves to central banks."*

Geopolitiks:
Washington building ‘Pentagon’ in Kabul*
U.S. Defense Contractor Illegally Helped China Build Attack Helicopters*
Is China’s Next President Richer than Mitt Romney?*
Nicolas Sarkozy's offices and home raided by French police*
Radioactive polonium found in Arafat's clothes*
German spy chief quits in neo-Nazi files scandal*
Zbigniew Brzezinski: ‘There is a need for a Middle Eastern Ataturk’*
Iran threatens swift retaliation on U.S. bases*
Investigate 9/11: Open Letter to KL War Crimes Commission*
The Destabilization of Pakistan*
Scenarios for Syria: War & Stabilization*
Video: The Case Against Moving Forward -
Obama Declared National Emergency Over Syria In April*

Obamessiah:
Ohio‬ Man Challenges ‪Obama‬ to Arm-Wrestling for Vote*

Obama welcomes new service-member US citizens in July 4 ceremony*
Romney's Bain Capital Invested in Abortion Fetus-Disposal Company, Stericycle*
Video: Comedian Jon Stewart on Obama's claim of Executive Privilege*

Police State Updates:
Show Me Your Papers*
DoD/DARPA Records Citizens' Encounters with SFPD*
Heat Invades St. Charles County Bioterrorism Drill*
Subway Bomb Drill Unannounced to Commanding Officers, First Responders*
London Olympics Whistleblower Reveals Himself, Continues Claims of Possible Evacuation, 200,000 Casket Linings on Hold*

Portlandia/Oregon Oddities:
Real-Life Superheroes Strive for the Greater Good*
Another Oregon County, Hit by Budget Cuts, Releases Prisoners … Including 3 Homicide Suspects*
Gantz brothers film documentary on Portland's struggling middle class*

West Virginia Worry:
West Virginia struggles with power outages amid new storms*
In West Virginia, Mass Feedings Planned In Wake Of Storms, Heat Wave*
West Virginia's hilly terrain slows power restoration*
More than 342,000 power outages remain in West Virginia*
West Virginia Coping with Prison Overcrowding Problem*

troy davis execution goes ahead despite serious doubts about his guilt

from guardian: Moments before he was put to death, Troy Davis lifted his head from the gurney to which he was strapped and looked the family of Mark MacPhail, the police officer for whose murder he was convicted, directly in the eyes. "I want to talk to the MacPhail family," he said. "I was not responsible for what happened that night. I did not have a gun. I was not the one who took the life of your father, son, brother." He then appealed to his own family and friends to "keep the faith", said to the medical personnel who were about to kill him "may God have mercy on your souls", and laid his head down again. He was administered with a triple lethal injection of pentobarbital, pancuronium bromide and potassium chloride, and at 11.08pm he was pronounced dead.

related murder/mayhem updates:
hate crime killer executed in texas*
lawrence russell brewer executed for 1998 jasper dragging murder of james byrd jr.*
video: 2 fullerton, calif. officers charged in death of mentally-ill homeless man, kelly thomas*
mass casualties as plane crashes into crowd at nevada air show*
reno plane crash witnesses describe horrific scene*
video: death toll in reno air crash rises to 11*
less than 24hrs later: 1 killed in martinsburg, west virginia air show crash*

white house & congress critters close in on debt ceiling deal

meanwhile, apple inc. has more cash on hand than the govt...
from afp: With barely two days to act, US President Barack Obama and top lawmakers closed in on Sunday in on an ambitious deal to avert a disastrous debt default sure to sow chaos in the fragile world economy.

"We are very close," Republican Senate Minority Leader Mitch McConnell told CNN amid frantic beat-the-clock talks among the White House, its Democratic allies, and its Republican foes.

Senior Obama adviser David Plouffe indicated on NBC television there was an emerging consensus but no solid agreement yet to raise the $14.3 trillion US debt ceiling ahead of a midnight Tuesday (0400 GMT Wednesday) deadline.

"We don't have a deal. The hours are ticking," Plouffe said on NBC, stressing: "We have to get this solved. Today is obviously a critical day."

The US economy hit its debt limit on May 16 and has used spending and accounting adjustments, as well as higher-than-expected tax receipts, to continue operating normally - but can only do so through midnight Tuesday.

Business and finance leaders have warned default would send crippling aftershocks through the fragile US economy, still wrestling with stubbornly high unemployment of 9.2 percent in the wake of the 2008 global meltdown.

Without a deal, the US government would have to cut an estimated 40 cents out of every dollar it spends, forcing grim choices between defaulting or cutting back programmes like those that help the poor, disabled and elderly.

Any compromise would still need to clear the divided Democratic-led Senate and Republican-held House of Representatives, where conservatives close to the "Tea Party" movement have called for draconian belt-tightening.

video satire: ‪'raise the debt ceiling rap' by remy*

related obamessiah updates:
obama at 50: hair is gray - like US political mood*
video: nader calls for primary challenge to obama*
homeless man held after jumping white house fence*
tangled john edwards cases prompt delay in trial*
video: huntsman plays 'charlie brown' theme song*

update1: washington reaches sweeping budget deal*

update2: obamessiah signs debt limit bill after 'nasty' fight*

3/10 newspurge: here comes a chopper (to chop off your head)

9/11 updates:
california ballot initiative: 'pentagon papers' whistleblowers & 9/11 commissioners themselves call for new investigation*
flight records tampering revealed, buried*
ex-fbi informant involved in shooting*
still in the dark about 9/11?*
video: nypd helicopter footage of 9/11 attack surfaces*

drugwar:
'the wire' producer says war on drugs is 'war on underclass'*
pot growers use alligator to protect stash*
video: ca kids accidentally eat pot cookie*

econocrash:
broke town, USA*
eliminating $1 bills could save billions*
video: homeless children & the hard times generation*

geopolitiks:
will saudi 'rage' send oil into unprecedented territory?*

1/6 newspurge: canary in a coalmine

9/11 updates:
11 reasons why the threat from al-qaeda is not real*
nfl's mark stepnoski to match 'building what?' donations*
audio: susan lindauer, ex-cia asset & imprisoned 9/11 whistleblower*

biowars/envirohealth:
all the health news for 2011, pre-written for your convenience*
2010 in review: what happened with health freedom*
research linking autism, vaccines slammed as 'elaborate fraud'*

holy hexes:
video: catholics christmas communion came with hepatitis a*
killer psalm? bible verse deemed as threat on obama's life*
romanian witches use spells to protest new taxes*
ihop restaurant chain drops suit against ihop church*

media/memes:
video: homeless ted williams' turnaraound: how faith helped uncover a 'golden voice'*
music industry on life support: what boomed in 2010? vinyl*
fmr covert cia agent charged with leaking secrets to newspaper*
pete postlethwaite, british actor in 'usual suspects', dies at 64*
per oscarsson, swedish millennium trilogy star, feared dead after house fire*
video: investigation into death of notorious b.i.g. heats up*

murder/mayhem:
first school shooting of 2011:
omaha vice-principal killed by son of police detective*

new world next week - oct14

foreclosuregate, econocrash, portlandia crime haven


Welcome to the 50th episode of the New World Next Week - brought to you by James Corbett of Corbett Report & James Evan Pilato ofMedia Monarchy - the weekly video series that uncovers the subtext & gives you the context on some of the most important developments in alternative news & open source intelligence. This week:

Story #1: Foreclosure-gate is About to Explode
Related Video: Officials in 50 States Launch Foreclosure Probe

Story #2: Econocrash - Welfare, Debtors' Prisons & Dying Communities
Related: Tight Budgets Lead to More Civilians Used for Policing

Story #3: Oregon County Decriminalizes Heroin, Meth, Cocaine, Shoplifting & more
Flashback: Sheriff Spread Thin, So Get a Gun, Judge Advises

Subscribe to NewWorldNextWeek.com to get hi-quality episodes to download, burn & share. And as always, stay up-to-date by subscribing to the feeds from Corbett Report here & Media Monarchy here. Thank you.

download audio version of 'new world next week'*

previous episode: oct7 -
media psyops, bye-bye sanchez, down with msm

econocrash: welfare, debtors' prisons & dying communities

walmarts swell with poor people once a month at midnight — when the govt's electronic dole payout goes through
from usatoday: Once a month, just after midnight, the beeping checkout scanners at a Walmart just off Interstate 95 come alive in a chorus of financial desperation. Here and at grocery stores across the country, the chimes come just after food stamps and other monthly government benefits drop into the accounts of shoppers who have been rationing things like milk, ground beef and toilet paper and can finally stock up again. Shoppers mill around the store after 11 p.m., killing time until their accounts are replenished. When midnight strikes, they rush for the checkout counter.

pro-foreclosure bill slip through congress to obama's desk

debtors' prisons make a comeback…in the US
from allgov: America’s jails are increasingly becoming de facto debtors’ prisons as the legal system levies more fees than ever on individuals who wind up behind bars simply because they can’t pay their bills or the administrative penalties imposed by judges. Both the Brennan Center for Justice and the American Civil Liberties Union (ACLU) have issued reports on the rise of debt-related incarceration, noting that courts are administering more fees these days as a way to make up for budget shortfalls.

postal workers union ballots lost in mail

dying communities see salvation in new prisons
from ap: Although rural communities have successfully lobbied for — and built — prisons for years, not many studies have been done on their economic impact. Some studies indicate slight economic gains for some prison towns, according to a Congressional Research Service report in April. Others that have become prison anchors might have not grown as fast as those without prisons. Florence, Colo., where a federal prison complex went up in 1994, was once a major oil producer and gold-smelting center and now has some new businesses. New federal prisons have recently started hiring in West Virginia, which has seen a decline in coal jobs, and in an impoverished farming community in California. Others are being built in Mississippi and Alabama.

related econocrash updates:
martial law/banking collapse scenarios fall/winter 2010*
tight budgets lead to more civilians used for policing*
gold hits new record high, $1388*
meet danielle & jim plus 9: the squatters who 'reclaimed' their foreclosed home last weekend*
obama will not ban home repossessions 'fraud'*
tarpley's advice to desperate dems: ignore wall street puppet obama & demand 5yr freeze on foreclosures*
video: officials in all 50 states launch foreclosuregate investigations*

9/2 newspurge: oh, the chaos is everywhere

9/11 updates:
'intl center for 9/11 studies' secures release
of 1000s of photos & videos from nist*
911datasets.org to host huge data load*
did nist edit wtc7 footage?*
video: US tries to extradite 9/11 fema videographer from argentina*
report calls for 'infiltration' of 9/11 sites*
ground zero mosque funding leads to cfr*
video: the real story on pre-9/11 history*



biowars/envirohealth:
offshore oil rig explodes in gulf of mexico*
no bp investigation, the senate blocked it*
tests find sickened family has 50.3 ppm of corexit’s 2-butoxyethanol in swimming pool*
golfer starts california wild fire*
urine-powered fuel cells to offer pee power to people*
US birth rate lowest in history*
idf to release updated chemical attack treatment handbook*
ny legislators want chickens vaccinated*
rockefeller depop plans exposed*
in addition to vaccines, rockefeller foundation presents anti-fertility gm food for 'widespread use'*
video: 'vaccine zombie' from natural news*

econocrash:
meet the only new bank to open this year*

5th anniversary of hurricane katrina: somber ceremonies

flashback: painful lessons of hurricane katrina
from buzztab: Hurricane Katrina left 1800 people dead and New Orleans virtually underwater but it was 5 years ago and today US is marking 5th anniversary of the horrible day when Hurricane Katrina hit the Gulf coast.

The somber ceremonies commemorated for occasion started on Saturday and in Louisiana residents staged a symbolic burial of their loved ones. President Obama is scheduled to visit New Orleans. He will deliver a speech at Xavier University which was also flooded during the Hurricane Katrina.

Hurricane Katrina hit the area on 29th August 2005 and displaced millions of people and President Obama is going to assure the survivors that he will leave no stone unturned in order to complete the rebuilding plans.

A district where many houses are still vacant will hold a march and a healing ceremony and many of these houses have a circle painted on them to ensure that these houses have been searched for victims.

While President is visiting the area, the doubts about spending of the $20 billion in direct federal relief after Hurricane Katrina are still looming as much of this money is still unspent even after 5 years. The fact is given due consideration by one of the congressmen who wants to spend this money somewhere else.

U.S Senator Tom Coburn of Oklahoma has put forth questions about spending of the federal relief fund as according to reports much of this money is still unspent and Tom wants this money to be used for covering federal budget deficit.

related updates:
5 years after katrina, storm's death toll remains a mystery*
1000s in new orleans living in abandoned buildings*
spike lee gives america its voice with new documentary*
obama signs disaster declaration for nc as hurricane earl approaches*

econocrash: hindenburg omen & the ecstasy of empire

dreaded 'hindenburg omen' will play out within weeks
from paul joseph watson: UBS Financial Services Director Art Cashin says that we’ll know within 3 or 4 weeks whether the dreaded Hindenburg Omen, a set of market factors that precede a stock market collapse, will unfold as many are now predicting. The Hindenburg Omen, named after the May 1937 Hindenburg disaster during which the German zeppelin LZ 129 Hindenburg suddenly caught fire and was destroyed, is a technical analysis that, when fulfilled, portends a greater likelihood of a stock market collapse. Although conditions for the Hindenburg Omen have been met previously without a subsequent stock market crash, there has never been an actual crash without it being preceded by a Hindenburg Omen.

related econocrash updates:
the purpose behind engineered economic collapse*
video: cnn mentions paul craig roberts' article:
the ecstasy of empire - 'without a revolution, americans are history'*
china & japan hold $1.6t in US debt*
china passes japan as 2nd-largest economy*
video: china swallows obama stimulus meant for US economy*
soros bailing out of US stock market*
stimulus funds go to states that need them least*
US says bankruptcies reach nearly 5yr high*
patent office has backlog of 700,000 applications & a 3yr wait*
budgets tight, school supply lists go beyond glue sticks*
wal-mart quietly raises prices*
homeless man lived in new jersey library for nearly 2 weeks*

7/1 newspurge: independent's day

9/11 updates:
destruction of wtc voted most memorable news event*
cincinnati firm heads up 9/11 compensation*
cia says US has not had good intel on osama in years*
wtc steel salvaged after 9/11 to be part of ludlow memorial in massachusettes*
independent investigation into pentagon attack yields alarming information*

econocrash:
video: 'financial reform' bill a triumph of derivatives lobby*
un report says dollar should be replaced as intl standard (download pdf)*
krugman: why we could be entering 'a 3rd depression'*
7 potential economic effects of a war with iran*
obamaville shanty towns spread across america*

geopolitiks:
video: fbi indicts ten as alleged russian spies;
timing of case, nature of charges highly suspect*

class warfare: 100s protest outside banksters houses in dc

from huffington post: Huge raucous crowds converged outside bank employees' houses on Sunday afternoon to demand banks stop lobbying against Wall Street reform. "Bank of America: bad for America!" shouted community leaders outside the house of Bank of America deputy general counsel Gregory Baer.

The Chicago-based grassroots organization National People's Action, in coordination with the SEIU, bused more than 700 workers from 20 states to Baer's neighborhood, one of the wealthiest corners of Washington. The action kicks off several days of protests targeting K Street for lobbyists' role in financial reform.

geopolitiks: catholic criminals, USrael & more

video: vatican wants 'wiggle room' for rape & torture of children*
vatican confirms report of sexual abuse & rape of nuns by priests in 23 countries*
ignoring child rape scandals, pope says faith means not being 'intimidated' by 'petty gossip'*
uk protesters demand pope quits over abuse*
catholic church is a criminal enterprise*
pope urges 'bygones' in man-boy sex scandal*
mumbai terrorist was US agent*
nytimes: american terror suspect traveled unimpeded*
russian geopolitical analyst: 'wwiii has already begun'*
athens bomb follows russian attack*
raf jets scrambled twice this month for terrorist alerts*
uk tabloid says israel 'forged thousands of id's*
ny rep assures israel: no worries about $3b 'aid' funding*
iran nuclear scientist defects to US in cia 'intelligence coup'*
brown could remain pm if queen blocks 2nd general election*
s africa to kick homeless off streets before world cup*
tories promise to create 'neighbourhood army'*
in gentrifying berlin, revenge of the anarchists*

11/5 newspurge: media, murder, war & more

media/memes:
abc's v: goebbels would be proud*
or: abc series 'v': invading, fascist lizards arrive with 'universal health care' & 'message of hope' - portrays aliens, hell-bent on destroying planet earth, as the obama administration*
alfred p. sloan's monetization of ‘democracy'*
lady gaga, the illuminati puppet - part 2*
record labels keep blaming p2p, but it's a hard sell*


murder/mayhem:
6 bodies found in rapist's cleveland home - and then 10 bodies found in ohio house of horrors* in pictures: 'US cleveland serial killings'*
mexican farm-workers activist, 14 others slain*
uk nuclear expert's 17th floor un death plunge 'was not suicide'*
frat must pay oregon homeless man for shooting*

warwhores:
ray mcgovern: kipling haunts obama's afghan war*
mcchrystal's explanation for tillman coverup is 'preposterous'*
air force: 'overwhelm enemy cognitive abilities' with bioscience*
75% of potential recruits too fat, too sickly, too dumb to serve*
antiwar demonstrators cut fence at sub base*

52 children rescued in nation-wide prostitution sting, 700 arrested

... can the specter of the franklin scandal be far away? ...
from latimes: Federal officials rescued 52 children and arrested nearly 700 people over the last three days in a nationwide crackdown on child prostitution.

Almost 1,600 agents and officers took part in the raids, which followed investigations in 36 cities, according to the FBI, local law enforcement agencies and the National Center for Missing and Exploited Children. Included in the arrests were 60 pimps, according to the FBI and local police officials.

Authorities say the youngest victim was 10.

In Southern California, two children were rescued in Riverside, and four adults were arrested, said Laura Eimiller, an FBI spokeswoman. Four suspected customers of child prostitutes were arrested in Orange County.

"It is repugnant that children in these times could be subjected to the great pain, suffering and indignity of being forced into sexual slavery for someone else's profit," Assistant Atty. Gen. Lanny A. Breuer said in a statement. He added that the latest raids show that "the scourge of child prostitution still exists on the streets of our cities."

The sweep, dubbed Operation Cross Country, is part of the Innocence Lost National Initiative, started in 2003 to address child sex trafficking in the U.S.

The initiative has rescued nearly 900 children; led to the conviction of 510 pimps, madams and their associates; and seized $3.1 million in assets, according to the FBI.

"We're having an enormous impact on this business," said Ernie Allen, president of the National Center for Missing and Exploited Children.

Most of the recovered children have been girls, who usually become victims of traffickers around age 12, Allen said.

He estimated that 100,000 children are still involved in sex trafficking in the U.S., adding that the problem is growing partly because of the recession.

related video: running in the shadows: recession drives surge in youth runaways - new york times article set in oregon

econocrash: bombs, bailouts, banksters & biden

how did america fall so fast?*
billionaire, executives charged with insider trading; including intel & ibm*
cali bank becomes 99th in US to be shut in 2009*
canadian dollar climbs toward parity with dollar; 14-month high*
russia & iran now officially talking of dumping dollar for intl trade*
nytimes to cut 100 newsroom jobs*
22 reasons why this recession is different & why it will endure*
bombs & bailouts: how the US 'pissed away' $14t*
victims of foreclosure check in to shelters*
video: biden says 'this is a depression', not a recession*
goldman exec named first coo of sec enforcement*
video: max keiser on jpmorgan & goldman fraud*

10/22 updates:
obama plans to slash pay of executives at 7 bailed-out companies*
dollar hits 14-month low against the euro*
deserted shopping mall in okc a bleak symbol of fed bailout*

econocrash: blood money, insider trading, banksters & biometrics

'blood oath' sealed stanford deal, court is told*
kroll gave all-clear to stanford*
borrowing to pay interest on borrowing is a ponzi scheme*
insiders selling stocks at highest level since may '08*
sec investigating apple for insider trading*
fed urges secrecy on bailed out banks*
flashback video: kucinich says the fed is paying banks not to make loans*
bloomberg wins its lawsuit against the federal reserve*
regulators shutter 3 banks in ca, md & mn; bringing '09 total to 84 banks closed*

was morgan stanley compromised by project mayhem?*
video: 'globalist bankster' blows the whistle on the nwo*
frank: house will pass paul’s fed bill this year*
video: misinfo alert: frank never said that hr1207 will pass in oct*
US jobless soars as companies squeeze workers*
bank's thumbprint rule irks armless man*
for more hard-pressed americans, a campsite is home*
jobless rate at 9.7%; 216K jobs lost in aug*

econocrash: california, classwar & a banking dictatorship

US cities may have to be bulldozed in order to survive*
how long can the dollar last as world's reserve currency?*
florida mother secretly lives in home for sale*
japan probes report 2 seized with undeclared bonds*
video: judgment day: broke california faces shutdown at schwarzenegger’s hands*
can the US govt afford to let cali fail?*
financial bailout plan keeps zombie banks alive*
russia calls on sco to replace dollar in international trade*
billionaire madoff tied to intelligence agencies*
billionaire allen stanford to appear in federal court*

obama 'reform' officially establishes banking dictatorship*
federal reserve to gain power under plan*
fed to be given sweeping new powers*
"this was a failure of the entire system,” obama said;
the solution? make the system bigger*
dodd: giving the fed more power like awarding a son a 'bigger, faster car right after he crashed the family station wagon'*
geithner says fed best positioned for super regulator role*
obama’s 'financial regulatory reform plan' is nothing of the sort*

six flags declares bankruptcy*
myspace to lay off 30% of staff*
eddie bauer files for bankruptcy protection*
cash to become extinct as chips take off*
ny home prices forecast to drop 40%*
video: satire about arlington hits close to home*

econocrash: currencies, keiser & financial conscription

local currencies: communities printing their own money

bids to push states' rights falter in face of stimulus
from nytimes: Standing up for states’ rights has not been easy this spring, even as many state lawmakers wince at the extended reach of the federal government. With the recession sparing few corners of the country, the $787 billion federal stimulus package has weakened the resolve of states’ rights activists in legislatures across the country. “They lay the bait out & we come take it,” said Monty Pearce, a Republican state senator who sponsored a sovereignty resolution that passed the Idaho Legislature. “Then we whine that we’ve taken it.”

max keiser: vampire banksters & the corpse of chrysler


calgary shelter scans fingerprints of homeless
from cbc: A Calgary shelter is scanning the fingerprints of its homeless clients, citing problems with gang members and drug dealers sneaking into the facility. Dermot Baldwin, head of the Calgary Drop-In Centre, said people who have been barred from the shelter use fake identification to get in. The homeless shelter is testing a new $150,000 security system that scans clients' fingerprints, and Baldwin said he expects it will be fully up and running in a few weeks. The system is not a violation of privacy, Baldwin said. The information the scanner takes is for the centre's use only and will not be passed on to anyone else. "This is a private system, internal to us. Out of 187 people, we had four people that wanted to know more about it, with one serious objection," he said.

fed sees up to $599b in bank losses

nyc starts charging rent at homeless shelters
from nbcnewyork: Even the homeless can't escape the high price of a night in New York City. City officials this month began charging rent to working families staying in public homeless shelters. The policy stems from a 1997 state law that hasn't been enforced until now. Under that law, shelter managers started to require families to pay a portion of their income, depending on the shelter and family size, according to The New York Times. Residents could be expected to pay up to half their earnings. Some shelter residents say the new rule will ruin their chances of saving enough money to get an apartment.

video: nyc homeless to be charged rent


america's 'money machine':
reviewing ellen brown's 'web of debt', part2

1000s join uk army to escape recession
from times online: The Army is nearing full strength for the first time in a generation as the recession is prompting thousands of young people to sign up. Recruitment rose by 14 per cent in the six months to March 31 compared with a year earlier. It is expected to reach full strength in 2011 after years in which it struggled to win recruits. There are also fewer people leaving... An overhaul of recruiting techniques, including internet and television campaigns, and a softening of public opinion towards the Armed Forces after the unpopular war in Iraq are also helping to boost numbers. Lieutenant-Colonel Paul Meldon, who heads recruitment in London, said: “All of a sudden in January all of these people started to come into the offices. We noticed about a 20-25 per cent increase over the same week the previous year. That was probably down to people not having the opportunities out there in the economy.” David Hollas, commander of recruitment in the East of England, said: “It made us very busy over Christmas."

admin wants fed to oversee systemic risk: sources

update: the new york federal reserve bank is the most powerful financial institution you've never heard of
from eliot spitzer: The kerfuffle about current New York Federal Reserve Bank Chairman Stephen Friedman's purchase of some Goldman stock while the Fed was involved in reviewing major decisions about Goldman's future - well-covered by the Wall Street Journal here and here - raises a fundamental question about Wall Street's corruption. Just as the millions in AIG bonuses obscured the much more significant issue of the $70 billion-plus in conduit payments authorized by the N.Y. Fed to AIG's counterparties, the small issue of Friedman's stock purchase raises very serious issues about the competence and composition of the Federal Reserve of New York, which is the most powerful financial institution most Americans know nothing about.

(from wikipedia: In the 1995 film Die Hard with a Vengeance, a group of criminals have developed a heist that involves stealing more than $100 billion dollars in gold from the Federal Reserve Bank.)

losing your job: a blow to your health too

is america about to go broke?
from moneycentral: Prices dropped last year. But we still need to invest to protect ourselves from inflation. That's why our retirement-plan investing needs an inflation "tilt." You'll understand why in a few paragraphs. How bad will future inflation be? I don't know. Neither does anyone else. It could be a normal inflation of 3% to 4% a year. It could also be a banana-republic 10% a month. What we know is that all governments make promises they can't fulfill. Our government certainly has. Under both political parties, it has taken promise making to a high art. This is not hyperbole. The figures can be found in regularly published government reports.