Showing posts with label stocks. Show all posts
Showing posts with label stocks. Show all posts

Thursday, August 02, 2012

New World Next Week: Episode122 - Bandar Dead?, Flash Crash Knight, Harvest Solution Episode122 -
Bandar Dead?, Flash Crash Knight, Harvest Solution

Episode122 - Bandar Dead?, Flash Crash Knight, Harvest SolutionWelcome to New World Next Week - the video series from Corbett Report and Media Monarchy that covers some of the most important developments in open source intelligence news. This week:

Story #1: Syria Reportedly Eliminated Bandar Bin Sultan In Retaliation For Damascus Bombing
Saudi Silence On Intelligence Chief Bandar's Fate Denotes Panic
Where Is Prince Bandar? By Pepe Escobar

Story #2: Wave Of Volatile Trading Unsettles U.S. Markets - Flood of Errant Trades Is A Black Eye For Wall Street
NYSE To Cancel Trades In 6 Stocks Affected by Glitch
Latest Market Glitch Shows 'Trading Out of Control'
Background: 2010 Flash Crash On Wikipedia
Related: Ron Paul Says Don't End Fed — Just End Secrecy

Story #3: Harvesting Hope -
Community Garden's First Harvest Goes To Food Bank

Related: Chick-Fil-A Fans And Critics Take To The Streets
Oregon Man Jailed For Illegal Water Reservoirs

Episode122 - Bandar Dead?, Flash Crash Knight, Harvest SolutionVisit to get previous episodes in various formats to download, burn and share. We also have weekly episodes from And as always, stay up-to-date by subscribing to the feeds from Corbett Report here and Media Monarchy here. We also have weekly episodes from Thank you.

Previous: Episode121 -
Good Terror, Aussie Spies, Copycat Olympics

Tuesday, February 21, 2012

Stocks gain on Greece, Dow briefly hits 13,000

Stocks gain on Greece, Dow briefly hits 13,000from reuters: Stocks rose on Tuesday, with the Dow briefly topping 13,000 for the first time since May 2008 after Greece secured a bailout to avoid a March default, but gains were limited as investors had priced in expectations of a deal. Signs of improvement in the economy and stabilization of Europe's debt crisis have driven the Dow more than 20 percent since late last year, while the S&P has climbed more than 8 percent so far this year. Euro zone finance ministers agreed on a 130-billion-euro ($172 billion) rescue for Greece to avert an imminent chaotic default after forcing Athens to commit to unpopular cuts and private bondholders to take bigger losses. "This is the most solid agreement Greece has had, with actual money behind it, and that makes the market optimistic," said Phil Flynn, senior market analyst at PFG Best in Chicago.

Monday, August 08, 2011

dow closes down 633 points after final plunge

video: obamapocalypse aa+ speech on manic monday
The Dow Jones industrial average finished the day down 633 points Monday after a full-day sell-off accelerated in the final hour of trading as investors struggled to absorb Standard & Poor's decision to downgrade the United States' credit rating. Investors piled out of stocks and into a few "safe havens," such as gold and Treasury bonds. The appetite for Treasury bonds suggests that the Standard & Poor's downgrade has not shaken investors' faith in U.S. bonds. Market experts said the Monday sell-off was sparked by the S&P announcement but was motivated more by growing concerns about the weakness of the global economy.

previous: united states loses aaa credit rating*

related econocrash updates:
dow falls 633: sixth biggest stock market crash in history*
the stock market crash of 2011?*
video: downgrade is 'theatre to build up the fear'*
US will roll out qe3 after s&p rating cut*
video: military spending to blame for US credit downgrade*
video: cnn on 'why not to panic'*
police raid milan offices of moody's and standard & poor's*
washington state's murray will co-chair deficit 'super' panel*
debt 'supercommittee' ready for action*
dollar falls most in 40yrs against swiss franc after fed's pledge to maintain key interest rate at a record low*
geithner tells obama he will remain as treasury secretary*
postal service proposes cutting 120,000 jobs, pulling out of health-care plan*
aig sues bofa over mortgage bonds*
jpmorgan takes over finances for kentucky state government*
debt-hit students urged to sell their kidneys*
10 of today's hottest jobs: proof that america is doomed*
US consumer confidence drops to three-decade low amid economic headwinds*

Saturday, August 06, 2011

united states loses aaa credit rating from s&p, markets go wild

debt crisis q&a: what you need to know about s&p cut*
united states loses aaa credit rating from s&p, markets go wildfrom reuters: The United States lost its top-notch AAA credit rating from Standard & Poor's on Friday in an unprecedented reversal of fortune for the world's largest economy. S&P cut the long-term U.S. credit rating by one notch to AA-plus on concerns about the government's budget deficits and rising debt burden. The move is likely to raise borrowing costs eventually for the American government, companies and consumers. "The downgrade reflects our opinion that the fiscal consolidation plan that Congress and the Administration recently agreed to falls short of what, in our view, would be necessary to stabilize the government's medium-term debt dynamics," S&P said in a statement. The decision follows a fierce political battle in Congress over cutting spending and raising taxes to reduce the government's debt burden and allow its statutory borrowing limit to be raised... The S&P 500 stock index fell 10.8 percent in the past 10 trading days on concerns that the U.S. economy may head into another recession and because the European debt crisis has been growing worse as it spreads to Italy.

update: dow closes down 633 points after final plunge*

Tuesday, August 02, 2011

obamessiah signs debt limit bill after 'nasty' fight

including the disturbing new #supercongress...
obamessiah signs debt limit bill after 'nasty' fightfrom cbsnews: President Obama signed a hard-fought, last-minute compromise bill to avert economic catastrophe Tuesday, saying the deal to cut spending and increase the nation's $14.3 trillion debt limit marked an "important first step to ensuring that as a nation we live within our means." The bill, he said, was the outcome of a "long and contentious debate" to avoid a man-made economic disaster that he described as creating "unsettling" economic uncertainty. He said that while voters chose divided government, "they sure didn't vote for dysfunctional government."

previous: white house & congress critters close in on debt deal

related econocrash updates:
satire: drunken ben bernanke tells everyone at neighborhood bar how screwed the US economy really is*

the committee of 13 & the debt ceiling deal from hell*
US eats up most of debt limit in one day*
US borrowing tops 100% of gdp*
moody's confirms US aaa rating; meanwhile, food stamp use rises to record*
georgia & colorado bank failures cost US $2.5b*
howard stein, who helped teach public to invest, dies at 84*
US govt sues ubs for $900m, charging mortgage fraud*
reid announces deal to end faa shutdown*
dow plunges 512 points: here's what's bothering the stock market*
video: pelosi on house floor - 'novus ordo seclorum'*

Wednesday, August 18, 2010

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*

Tuesday, February 16, 2010

think tank urges uk to cut working week to 21 hours

think tank urges uk to cut working week to 21 hoursfrom bbc: The working week should be cut to 21 hours to help boost the economy and improve quality of life, a left-wing think tank has said. The New Economics Foundation claimed in a report the reduction in hours would help to ease unemployment and overwork. The think tank said people were working longer hours now than 30 years ago even though unemployment was at 2.5 million. The foundation admitted people would earn less, but said they would have more time to carry out worthy tasks. They would have better scope to look after children or other dependants, there would be more opportunity for civic duties, and older people could even delay retirement, it said.

download: '21 hours - why a shorter working week can help us all to flourish in the 21st century' [449kb PDF]

Sunday, December 27, 2009

econocrash updates: worst. decade. ever.

last decade was the worst ever in the stock market
last decade was the worst ever in the stock marketfrom wsj: The US stock market is wrapping up what is likely to be its worst decade ever. In nearly 200 years of recorded stock-market history, no calendar decade has seen such a dismal performance as the 2000s. Investors would have been better off investing in pretty much anything else, from bonds to gold or even just stuffing money under a mattress. Since the end of 1999, stocks traded on the New York Stock Exchange have lost an average of 0.5% a year thanks to the twin bear markets this decade. The period has provided a lesson for ...?

small-business bankruptcies rise 81% in california
from latimes: The Obama administration's new plan to give a boost to small businesses reflects continued trouble in that sector, which is facing new failures even as much of the nation's economy is stabilizing. As credit lines have shrunk and consumers have cut back on spending, thousands of small businesses have closed their doors over the last year. The plight of struggling firms has been aggravated by the reluctance of banks to lend money, said Brian Headd, an economist at the Small Business Administration's office of advocacy. "While bankruptcies are up, overall, small-business closures are up even more," Headd said. California has been particularly hard hit. The latest data show small-business bankruptcies up 81% in the state for the 12 months ended Sept. 30, compared with the previous year. Filings nationwide were up 44%, according to the credit analysis firm Equifax Inc. The actual number of small businesses in trouble is probably higher, experts said, because many owners file for personal bankruptcy rather than seek protection for the business.

video: arrow trucking co. collapses, shuts off fuel cards, leaves truckers stranded around US

Saturday, September 12, 2009

9/12 updates: drills & the day after

9/11 anniversary scare: 'shots' reported fired by media as coast guard says the confusion was just a normal training exercise
9/11 scare: 'shots' reported fired by coast guardfrom ap: A Coast Guard training exercise in the Potomac River near the Pentagon sparked confusion amid Friday's commemorations of the Sept. 11 anniversary. Media reports that shots were being fired in the river sent FBI agents scrambling to the scene and led the nearest airport to briefly ground flights.

No shots were fired as part of the exercise, Coast Guard Chief Keith Moore said later Friday.

The Coast Guard said it would review how its exercise led to TV news reports that were "based on overheard radio calls made over a training frequency" normally used only by the Coast Guard.

The Coast Guard said such exercises go on every day in and around U.S. ports, and the Secret Service is not normally notified. Erroneous live cable news reports on CNN and Fox had said that the Coast Guard was firing shots on the river. CNN reported the Coast Guard had fired 10 rounds at a suspicious boat, and showed vessels circling in the water - near the bridge President Barack Obama's motorcade crossed on the way to a memorial at the Pentagon earlier Friday morning.

The president was not in the area when the training exercise took place, Coast Guard Chief of Staff John Currier said at a news conference. Currier said as part of its exercise, the Coast Guard aired simulated instructions to participants to fire 10 rounds and someone said "bang, bang, bang" to simulate compliance.

video playlist: military drill causes 9/11 anniversary scare

...and the white house says they're ok with coast guard exercise,
just like they were ok with the 'air farce one' fiasco in april...

related 9/11/9 updates: 'stop the 9/11 cover-up'*
9/11 truth cannot be stopped*
as van jones backpedals, most 9/11 truth signatories stand by call for new investigation*
9/11 commission members doubt official story*
911 reasons why 9/11 was (probably) an inside job*
identity of cia officer responsible for pre-9/11 failures, tora bora escape, rendition to torture revealed: richard blee*
video: informant says fbi threw away chance to catch alleged 9/11 plotter*
what would 9/11 be like in the age of social media?*
utah city pays tribute to 9/11 with citywide emergency drill*
video: nyc subways still vulnerable 8 years after 9/11*
on anniversary, stock market closes at exact 9/11 level*

updates from 9/17:
video: 9/11 family member manny badillo schools france 24 news*
join the 'appeal for truth about 9/11'*
video: russia today on the 9/11 truth revolution*

Monday, August 31, 2009

mouse meet spider: disney to buy marvel entertainment for $4b

mouse meet spider: disney to buy marvel entertainment for $4bfrom ap: The Walt Disney Co. is buying Marvel Entertainment Inc. for $4 billion in cash and stock, bringing such characters as Iron Man and Spider-Man into the family of Mickey Mouse and WALL-E. Under the deal, which was announced Monday and is expected to close by the end of the year, Disney will acquire the rights to 5,000 Marvel characters. Many of them, including the Fantastic Four and the X-Men, were co-created by the comic book legend Stan Lee. Disney CEO Robert Iger said Marvel's comic books, TV shows, movies and video games amounted to "a treasure trove of content." Iger said the deal would bring benefits like the ones Disney got from buying "Toy Story" creator Pixar Animation Studios Inc. for $7.4 billion in stock in 2006. "The acquisition of Marvel offers us a similar opportunity to advance our strategy," Iger said, and "to build a business that is stronger than the sum of its parts."

Thursday, July 09, 2009

cyber/space\war: well-timed attacks, nasa, nsa & saic

US suspects north korea was behind cyber attacks
US suspects north korea was behind cyber attacksfrom dpa: The United States believes North Korea was responsible for a massive cyber attack on government and other websites during the past week, Fox News reported Wednesday. An unnamed US defence official told Fox the attack targeted dozens of websites, including the ones for the US Defence Department and the Department of State.

The attacks were also directed at South Korean websites, the Yonhap news agency reported. South Korean intelligence believes the attacks originated in North Korea, the report said.

The attacks involved ordering a huge number of computers to visit the websites simultaneously to overload the system and shut down ones not robust enough to sustain the traffic. US officials emphasized there was no security breach. "It's just overloading the system," the defence source told Fox.

US State Department spokesman Ian Kelly confirmed the department's website came under attack Sunday but the site was working fine. "The attack is still ongoing, but it's much reduced," Kelly said.

The New York Stock Exchange confirmed it had been informed by the government that its website was also subjected to the attack. Other targeted websites included those of the National Security Agency, Homeland Security Department, the Nasdaq stock exchange and the Washington Post, Fox reported.

The Homeland Security Department said there were 5,499 known breaches of US government computers in 2008, up from 3,928 in 2007.

Admiral Michael Mullen, the chairman the Joint Chiefs of Staff, would not discuss the details of the case, but told reporters Wednesday that cyber attacks were an increasing threat and the Pentagon was devoting more resources to counter them. "We need to have this as a big part of our focus with respect to the threat now and in the future," he said.

The South Korean government said the websites of the Presidential Office, the National Assembly and Defence Ministry were simultaneously bombarded with access requests.

update: US state dept under cyberattack for 4th day*

the launching of US cyber command*
the launching of US cyber commandhackers exploit facebook's fake sense of security*
nsa's power & money-sucking datacenter buildout continues*
saic awarded $13m contract to support darpa's machine reading program*
fema plans consolidation of IT support contracts*
questions as dhs plans to upgrade cybersecurity system*
bill would grant president unprecedented cybersecurity powers*
here's a cybertest from time*
who is neil armstrong?*
nasa developing internet in outer space*
wary of naked force, israelis eye cyberwar on iran*

Tuesday, July 07, 2009

econocrash: sachs attack, dollar death & the fdic

US mortgage fraud soared in 2008 & still growing, says fbi

programmer out on bail after stealing software that runs goldman sachs' automated trading systems
programmer out on bail after stealing software that runs goldman sachs' automated trading systemsfrom reuters: A former Goldman Sachs Group Inc computer programmer accused of stealing secret trading codes from the financial firm has been released from federal custody after posting bail, authorities said Monday. Sergey Aleynikov, 39, was arrested by the FBI Friday and charged with "theft of trade secrets." He met the terms of his $750,000 bail and was released Monday, said FBI spokesman James Margolin. Aleynikov is accused of misusing computer codes that belong to his former employer, a New York-based financial institution that authorities did not identify in court papers but sources say is Goldman Sachs... Goldman has not seen its business or clients harmed by the purported computer breach, a source familiar with the situation said Monday. The firm declined to comment. The case could shed light on the workings of intricate trading systems developed by Goldman. It also raises questions about the security of lucrative Wall Street proprietary trading operations. However, the New York Stock Exchange said Monday there was no connection between the alleged security breach and an error that dropped Goldman from a trading report the NYSE issued last week.

china 2009 = america 2001 = rome 11 bc?

senate blocks 'audit the fed' bill as govt preps 2nd round of looting
from paul joseph watson: A Senate amendment based on Congressman Ron Paul’s successful House bill to audit the Federal Reserve was blocked by the Senate yesterday evening [jul6] on procedural grounds, as Jim DeMint slammed the Fed for refusing to disclose where trillions in bailout funds had gone, while a top Obama administration advisor called for a second “stimulus” package to be prepared.

video: nyc apt sales down over 50%: reports

replacing the dollar as reserve currency
replacing the dollar as reserve currencyfrom reuters: The U.S. dollar is in the line of fire as leaders from the largest developed and developing countries gather in Italy for talks, as China pushes for debate on an eventual shift to a new global reserve currency. Sources have said the dollar's role probably will not be included in the final communique of a G8 meeting. Even if it does rate a mention, the language used would likely be extremely general to avoid destabilizing financial markets. Still, the symbolic importance would be immense, as it would underscore the determination of emerging economies, who will also be present in Italy for the talks, to win greater say in the global financial system and, over time, to reduce their dependence on the U.S. currency.

after 91 yrs, ritz camera announces plans to liquidate

fdic gearing up for more bank closures
from bizjournals: The Federal Deposit Insurance Corp. is gearing up to handle a large number of bank failures expected as a result of bad mortgages, both in residential and commercial real estate, an economist said Tuesday. “They know they’re going to take down a large number of banks and they can’t do it until they’re staffed up,” said Mark Dotzour, chief economist and director of research for the Real Estate Center at Texas A&M University.

lear files for bankruptcy protection

deutsche bankster in tech probe fell to his death
(nothing to see here, move along please...)

from bcc: A City stockbroker fell to his death from a rooftop restaurant two days after bosses investigating an IT-related matter sent him home early. Anjool Malde, 24, was found on the ground outside Coq d'Argent in London's Square Mile at midday on Sunday. He left his Deutsche Bank office early on Friday afternoon after agreeing to "help" the bank with its inquiry. Police are continuing to investigate the death ahead of an inquest, but are not treating it as suspicious.

US food stamp recipients reached record 33.8m in april

Monday, June 22, 2009

econocrash: cia, soul, wall street & wal-mart

satire: wal-mart to employ 80,000 iraq war veterans as greeters

banks in georgia, north carolina & kansas closed by regulators
from bloomberg: Banks in North Carolina, Georgia and Kansas with combined assets of $1.5 billion were seized by regulators last week, costing the U.S. insurance fund $363 million and pushing this year’s tally of failures to 40. Southern Community Bank of Fayetteville, Georgia, and 111- year-old Cooperative Bank in Wilmington, North Carolina, were closed June 19 by state officials, and the Office of the Comptroller of the Currency shut First National Bank of Anthony, Kansas. The Federal Deposit Insurance Corp. was named receiver.

california unemployment rises to record 11.5% in may

unemployment at highest level in 25yrs
from washington times: The turmoil ravaging General Motors and Chrysler generated big jumps in joblessness last month throughout the Midwest, sending Michigan's unemployment rate above 14 percent and pushing three nearby states into double digits. Jobless rates in Illinois and Indiana surpassed 10 percent, while Ohio's approached 11 percent, according to data released Friday in a Labor Department report. The half-percentage-point jump in the national unemployment rate rippled throughout the country as 48 states and the District of Columbia reported increases in their jobless rates in May. The U.S. unemployment rate rose from 8.9 percent in April to 9.4 percent in May, its highest level in more than a quarter-century. The rate was 10.8 percent near the end of 1982.

more female fbi agents are taking the lead

cia recruiting laid-off bankers in nyc
from newsmax: Laid off from Wall Street? The CIA wants you -- as long as you can pass a lie detector test and show that you are motivated by service to your country rather than your wallet. The Central Intelligence Agency has been advertising for recruits and will be holding interviews on June 22 at a secret location in New York. "Economics, finance and business professionals, if the quest for the bottom line is just not enough for you, the Central Intelligence Agency has a mission like no other," one radio advertisement for the agency says. "Join CIA's directorate of intelligence and be a part of our global mission as an economic or financial analyst. Make a difference in your career and for your nation," it says.

kiwis moving closer to cashless society

financial dictatorship spreads to europe
financial dictatorship spreads to europefrom steve watson: The European Union is set to mirror moves in the US to overhaul the economic regulatory oversight system, in a move that will see national regulators superceded by European supervisors. “The proposals involve creating three pan-European watchdogs next year to ensure countries introduce new rules on supervision.” Reports the London Telegraph.Under the proposals, there is to be a European Banking Authority in London, an Insurance Authority in Frankfurt, and a Securities Authority in Paris. All European leaders agreed today to their creation.” These three new bodies will have the authority to dictate and implement decisions on regulatory standards across the board in every member state. Furthermore, the deal will see the creation of a European Systemic Risk Board, that would “monitor the build up of risks”, issue recommendations for action and oversee their implementation. The chairmanship of this new body will be elected by members of the general council of the European Central Bank. This mirrors plans in the US to hand the private Federal Reserve powers to simply seize and take over any company it defines as a risk to the economy. Of course, we shouldn’t be surprised by the move given that, for the most part, the Federal Reserve and the European Central Bank are run by the same private globalist banking corporations.

got soul? here's your money

bankster 'holiday' planned for september?
from kurt nimmo: Bob Chapman’s influential International Forecaster is reporting on the possibility of a so-called “bank holiday” planned for late August or early September. According to Chapman’s sources, U.S. embassies around the world are selling dollars and stockpiling money from respective countries where they operate. “Some US embassies worldwide are being advised to purchase massive amounts of local currencies,” writes Harry Schultz, “enough to last them a year.” Schultz publishes the Harry Schultz Letter, an international investment, financial, economic, and geopolitical newsletter named as “Newsletter of the Year” by Peter Brimelow of Market Watch in 2005 and 2008. Schultz believes the global elite are in the process of engineering an FDR-style “bank holiday” of undetermined length in order to “sort-out the bank mess” and impose new bank rules. On March 5, 1933, in the depths of the banker engineered “Great Depression,” newly elected Franklin Roosevelt declared a “bank holiday” that forced banks closed for four days. Roosevelt then rammed the Emergency Banking Act through the legislature. Passed by Congress on March 9, the act granted FDR near dictatorial control over the dealings of banks. It also allowed the Secretary of the Treasury the power to compel every person and business in the country to relinquish their gold and accept paper currency in exchange.

US tops list of countries with the largest external debt

numbers on welfare see sharp increase
from wsj: Welfare rolls, which were slow to rise and actually fell in many states early in the recession, now are climbing across the country for the first time since President Bill Clinton signed legislation pledging "to end welfare as we know it" more than a decade ago. Twenty-three of the 30 largest states, which account for more than 88% of the nation's total population, see welfare caseloads above year-ago levels, according to a survey conducted by The Wall Street Journal and the National Conference of State Legislatures. As more people run out of unemployment compensation, many are turning to welfare as a stopgap. The biggest increases are in states with some of the worst jobless rates. Oregon's count was up 27% in May from a year earlier; South Carolina's climbed 23% and California's 10% between March 2009 and March 2008.

the golden state is melting

condo dwellers finding empty buildings
condo dwellers finding empty buildingsfrom miami herald: Joshua Hamann jokingly compares himself to the last human in a city overrun by zombies. He's not suggesting his neighbors are zombies. The problem is, he has no neighbors. Hamann dwells in a newly opened condo. And in the six weeks since moving into the gleaming new Everglades on the Bay in downtown Miami, he has felt pretty lonely. Hamann occupies one of only about 50 sold condos in his 49-story tower, out of 409 units. A couple miles north at Midtown Miami, Alisha Marks knows the same feeling. "It was pretty much a ghost town when I got here," she says.

insiders exit shares at the fastest pace in 2yrs*
ford, nissan & tesla to get govt loans*
myspace to cut two-thirds of global workforce*
obama's financial reform proposal:
a stealth scheme for global monetary control

united nations to emerge as global irs*
ron paul: intl bailout brings us closer to economic collapse*
fed engaged in cover-up of bank of america/merrill deal*
handcuffed stanford pleads not guilty*
goldman sachs: 'engineering every major market manipulation since the great depression'*

Thursday, December 18, 2008

econocrash: panic, ponzi, predictions, scenarios & nightmares

8 really, really scary predictions
from fortune: Dow 4,000. Food shortages. A bubble in Treasury notes. Fortune spoke to eight of the market's sharpest thinkers and what they had to say about the future is frightening... Nouriel Roubini: "We are in the middle of a very severe recession that's going to continue through all of 2009 - the worst U.S. recession in the past 50 years. It's the bursting of a huge leveraged-up credit bubble. There's no going back, and there is no bottom to it." (read the 7 other scary predictions here)

peter schiff: a nightmare before christmas

video: ron paul & peter schiff on our economic collapse

video: ron paul on the alex jones show, dec17 (part1 & part2)

4 really, really bad scenarios
from cryptogon: I found this one most interesting: The Alternate-Dollar Nightmare: “The Number One vulnerability is the dollar itself,” Rickards concluded. “We’re printing them and shoving them out the door, and the Fed is basically out of bullets. So why hasn’t the dollar collapsed? The short answer is, global investors don’t have any other choice.” That is, there simply aren’t enough Euro- or Yen-backed securities for investors to shift their money out of dollars and into some other currency. But what if some kind of global coalition – say a trillion-dollar sovereign wealth fund allied with several countries around the world – banded together to create a gold-backed alternative to the dollar?

alternative currencies grow in popularity
alternative currencies grow in popularityfrom time: Most of us take for granted that those rectangular green slips of paper we keep in our wallets are inviolable: the physical embodiment of value. But alternative forms of money have a long history and appear to be growing in popularity. It's not merely barter or primitive means of exchange like seashells or beads. Beneath the financial radar, in hip U.S. towns or South African townships, in shops, markets and even banks, people throughout the world are exchanging goods and services via thousands of currency types that look nothing like official tender. Alternative means of trade often surface during tough economic times. "When money gets dried up and there are still needs to be met in society, people come up with creative ways to meet those needs," says Peter North, a senior lecturer in geography at the University of Liverpool and the author of two books on the subject. He refers to the "scrips" issued in the U.S. and Europe during the Great Depression that kept money flowing and the massive barter exchanges involving millions of people that emerged amid runaway inflation in Argentina in 2000. "People were kept from starving [this way]," he says.

video: lord rothschild on cnbc

downturn spurs 'survival panic' for some in US
from reuters: A paralegal, recently laid off, wanted to get back at the "establishment" that he felt was to blame for his lost job. So when he craved an expensive new tie, he went out and stole one. The story, relayed by psychiatrist Timothy Fong at the UCLA Neuropsychiatric Institute and Hospital, is an example of the rash behaviors exhibited by more Americans as a recession undermines a lifestyle built on spending. In the coming months, mental health experts expect a rise in theft, depression, drug use, anxiety and even violence as consumers confront a harsh new reality and must live within diminished means. "People start seeing their economic situation change, and it stimulates a sort of survival panic," said Gaetano Vaccaro, deputy clinical director of Moonview Sanctuary, which treats patients for emotional and behavioral disorders. "When we are in a survival panic, we are prone to really extreme behaviors."

imf chief warns of riots in response to economic crisis
imf chief warns of riots in response to economic crisisfrom paul joseph watson: The head of the International Monetary Fund has warned that advanced nations will be hit by violent civil unrest if the elite continue to restructure the economy around their own interests while looting the taxpayer. During a speech in Madrid, Dominique Strauss-Kahn said that “social unrest may happen in many countries - including advanced economies” if governments failed to adequately respond to the financial crisis. “He added that violent protests could break out in countries worldwide if the financial system was not restructured to benefit everyone rather than a small elite,” reports the Guardian.

arizona police trained for economic civil unrest
from kurt nimmo: Mike Sunnucks, writing for the Phoenix Business Journal, reports that Arizona state and local police “say they have broad plans to deal with social unrest, including trouble resulting from economic distress. The security and police agencies declined to give specifics, but said they would employ existing and generalized emergency responses to civil unrest that arises for any reason.”

ex-nasdaq chairman madoff’s $50b ponzi scheme
from youtube: CNBC’s Davif Faber reports on the $50 billion Ponzi scheme run by ex-NASDAQ chairman Bernard L. Madoff.

Saturday, October 25, 2008

video: cnbc guest says illuminati behind stock market crash

from anunnaki2006: You will hear the guest on CNBC speak of the Illuminati whilst talking on the volatile stock markets of the 24th of October 2008.

the rothschilds & their 200 years of political influence
the rothschilds & their 200 years of political influencefrom independent: Nat Rothschild, the financier at the centre of allegations that threaten to engulf the shadow Chancellor, George Osborne, is no stranger to laws which forbid politicians from accepting donations from abroad.

Political donations from overseas are also illegal in the US, where John McCain's campaign team is under investigation for allegedly accepting a benefit in kind from two mega-rich British citizens, namely Nat Rothschild and his father, Jacob, the Fourth Baron Rothschild.

In April, Mr McCain passed through London and spoke at a fund-raising dinner for expatriate Americans, where seats at the cheapest tables cost £500 a head. What caught the eye of Judicial Watch, a Washington-based foundation dedicated to combating corruption, was that the event was held "by kind permission of Lord Rothschild and Hon Nathaniel Rothschild" at the family home in Spencer House, St James's, the only privately owned 17th-century palace in central London.

The US Federal Election Committee is still investigating the allegation that Mr McCain's campaign team broke electoral law by accepting a benefit in kind from the Rothschilds. "We haven't heard from the FEC yet, and don't expect to until after the campaign," Tom Fitton of Judicial Watch said.

The Rothschild family and politics have been intertwined for generations, ever since Nathan Rothschild, who founded the English branch of the family business, financed Britain's war against Napoleon two centuries ago. Nathan was the son of Mayer Rothschild, who founded the family business in the Jewish ghetto in Frankfurt during the 18th century.

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