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Economy-budget
The World After the Fall of Lehman
By : Solve et Coagula - Tuesday September 15, 2009
The World After the Fall of Lehman By Bill Bonner 09/14/09 London, England This week marks the one-year anniversary of the Lehman bankruptcy. The media struggles to say something meaningful about it. Here at The Daily Reckoning we will not even attempt meaningfulness. We’ll be satisfied with a few snide remarks. What is most remarkable about the world a year after Lehman fell it is that so little seems to have changed. Even the papers have noticed. “A year after Lehman, (...)
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We Can’t Break Up the Giant Banks, Can We? Yes We Can!
By : Solve et Coagula - Monday September 14, 2009
We Can’t Break Up the Giant Banks, Can We? Yes We Can! by Washington’s Blog Global Research, September 14, 2009 Washington’s Blog - 2009-09-13 Top economists and financial experts believe that the economy cannot recover unless the big, insolvent banks are broken up in an orderly fashion. In response, defenders of the too-big-to-fails make one or more of the following arguments: (1) The government does not have the authority to break up the big boys (2) To break up the (...)
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The Boomers are Out of Time – And Out of Money
By : Solve et Coagula - Saturday September 12, 2009
The Boomers are Out of Time – And Out of Money By Bill Bonner, 09/08/09 London, England Clowns to the left of us…jokers to the right… The Simpleton’s Analysis: Consumers cut back. The economy sank. Now, government must take action. It must help people out and take up the slack. The downturn took $12 trillion off Americans’ net worth. The feds have pledged about $12 trillion to fix the problem. But wait, where does government get any money? Hey, they (...)
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China to Issue Government Bonds in Hong Kong
By : Solve et Coagula - Friday September 11, 2009
China to Issue Government Bonds in Hong Kong By Tang Xiangyang, 2009-09-11 China will sell 6 billion yuan of government bonds in Hong Kong for the first time later this month, according to a statement posted to the Ministry of Finance’s (MOF) website on Tuesday. The 6 billion yuan ($876 million US dollars) worth of bonds will be yuan-dominated and sold on September 28. But the ministry did not provide any detail about who would handle the bond issue. China has recently (...)
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The Fed’s Interesting Week
By : Solve et Coagula - Tuesday September 1, 2009
1 comment
The Fed’s Interesting Week By Ron Paul Published 09/01/09 It has been an interesting week indeed for the Federal Reserve. Early this week, it was announced that President Obama intends to reappoint Fed Chairman Ben Bernanke to a second term in January, signaling a vote of confidence in him. Bernanke seems to be popular with the administration and with Wall Street, and with good reason. His lending policies have left big banks flush with newly created cash that covers up old mistakes (...)
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US to collapse in July 2010
By : Solve et Coagula - Tuesday September 1, 2009
1 comment
US to collapse in July 2010 Aug 31, 2009 MOSCOW - YOU think of the United States as the world’s leading superpower? Well think again, says Igor Panarin, a professor at the Russian foreign ministry’s diplomatic academy. For Prof Panarin, who has built an academic reputation in Russia for apocalyptic predictions of the imminent US demise, Moscow’s ex-Cold War rival is on the brink of economic, political and social cataclysm. ’The probability that the United States (...)
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Price of gold: the paradox is revealed
By : Solve et Coagula - Tuesday September 1, 2009
1 comment
Price of gold: the paradox is revealed Excerpt GEAB N°34 (April 16, 2009) - For months we have witnessing a worldwide paradoxical phenomenon which the press has widely reported. Because of the crisis investors fled most categories of assets (real estate, stock market, currencies, comodities) and many of them have invested a portion of their portfolios in gold, even causing shortages of coins or bars in many markets. Yet, and this is the paradox, the price of gold is not taking off its (...)
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US Bank Enemies At The Gates
By : Solve et Coagula - Sunday August 30, 2009
US Bank Enemies At The Gates by Jim Willie, CB. Editor, Hat Trick Letter | August 27, 2009 While all manner of attention remains transfixed inside the United States on a remedy and recovery of its bank sector, once again Americans make dangerous assumptions. They tend to assume that the US Federal Reserve near 0% interest rates, Quantitative Easing (aka exploding Printing Pre$$ output), endless liquidity facilities (e.g. TALF), TARP funds (aka Wall Street slush fund), Stress Tests (...)
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China’s Marshall Plan in the Making?
By : Solve et Coagula - Saturday August 29, 2009
China’s Marshall Plan in the Making? By Zhang Bin, Liu Dan and Xiao Dan 2009-08-26 Translated by Zhou Yuning Original Article: [Chinese] A major shakeup of China’s export strategy is taking place. The country is considering altering its focus and may attempt to "create" more external demand by extending loans to trading partners. The Economic Observer learned that the Ministry of Commerce (MOFCOM) had held numerous meetings recently to mull over new means and markets to (...)
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Swiss private banker predicts decline of the U.S.
By : Solve et Coagula - Wednesday August 26, 2009
2 comments
Swiss private banker predicts decline of the U.S. Markus Diem Meier, 26.8.09 The top private banker in Switzerland has had enough of the United States. In a text he says the country ahead of the economic decline and criticized the aggressiveness of the world. Steer clear of U.S. assets: Konrad Hummler private banker to advise Totalrückzug from the U.S.. Konrad Hummler is a powerful man: He sits on the board of the Neue Zürcher Zeitung, is managing partner of the St. Gallen Bank Wegelin (...)
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RON PAUL IS A FREAKING GENIUS
By : Solve et Coagula - Monday August 24, 2009
RON PAUL IS A FREAKING GENIUS Ron does have a sense of humor. He introduced this one page bill that if enacted would destroy all the special interest groups, all the lobbyists, and reduce the power of Washington by 99%. Read it carefully. It is truly a classic. I love this guy. 111th CONGRESS 1st Session H. R. 3396 To amend title 5, United States Code, to prohibit agencies from enforcing rules that result in a specified economic impact until the requirements of those rules are enacted (...)
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Stiglitz Sees Risk to Dollar, Need for Reserve System
By : Solve et Coagula - Monday August 24, 2009
Stiglitz Sees Risk to Dollar, Need for Reserve System (Update2) By Shiyin Chen Aug. 21 (Bloomberg) — The dollar’s role as a good store of value is “questionable” and the currency has a high degree of risk, said Nobel Prize-winning economist Joseph Stiglitz. “There is a need for a global reserve system,” Stiglitz, a Columbia University economics professor, said at a conference in Bangkok today. Support from countries like China should ensure orderly (...)
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Lindsey Williams: Death of the Dollar within next four months
By : Solve et Coagula - Sunday August 23, 2009
Lindsey Williams: Death of the Dollar within next four months Video 1: http://www.youtube.com/watch?v=H8vI... Video 2: http://www.youtube.com/watch?v=wnOW... Video 3: http://www.youtube.com/watch?v=Nery... Video 4: http://www.youtube.com/watch?v=I-gv... Video 5: http://www.youtube.com/watch?v=rUUD... Video 6: http://www.youtube.com/watch?v=5v8O...
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Nouriel Roubin: No V-Shaped Recovery, Says Dr. Doom
By : Solve et Coagula - Sunday August 23, 2009
Nouriel Roubin: No V-Shaped Recovery, Says Dr. Doom Lawrence Delevingne Aug. 17, 2009 A "V" shaped comeback? Dr. Doom ain’t buying it. Last week, Nouriel Roubini was slightly bullish, predicting a global recovery by the end of the year — with plenty of caveats. But today, with the markets down, the recession-caller and NYU economist is back to his signature pessimism: Roubini/RGE: Today, 20 months into the US recession—a recession that became global in the summer of (...)
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The Countdown To The Implosion Of The Dollar
By : Solve et Coagula - Sunday August 23, 2009
1 comment
The Countdown To The Implosion Of The Dollar Posted: Aug 19 2009 By: Jim Sinclair My Dear Friends, You can take your waves, percentages, algorithms, quants and quarks and throw them directly into the basket. The time for lines and squiggles are behind us. The common shares of the US dollar are and have been in a long term downtrend. That downtrend is 81 days from implosion. The selling of the US dollar and US dollar instruments is increasing in international markets, making it ever (...)
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The Weimar Hyperinflation: Could it Happen Again?
By : Solve et Coagula - Sunday August 23, 2009
2 comments
The Weimar Hyperinflation: Could it Happen Again? “It was horrible. Horrible! Like lightning it struck. No one was prepared. The shelves in the grocery stores were empty. You could buy nothing with your paper money.” (1933 interview) By Ellen Brown May 20, 2009 Some worried commentators are predicting a massive hyperinflation of the sort suffered by Weimar Germany in 1923, when a wheelbarrow full of paper money could barely buy a loaf of bread. An April 29 editorial in the (...)
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Gerald Celente: Trend researcher from the U.S. predicts total collapse
By : Solve et Coagula - Sunday August 23, 2009
2 comments
Gerald Celente: Trend researcher from the U.S. predicts total collapse Gerhard Bauer clamping Gerald Celente, and he founded the "Trend Research Institute" are little known in this country. Mainly in marginal notes, the Americans with his predictions on trends and future of our society mentioned, usually under the label of a black painter of the future but our good times soon. The predictions of this institute are of frightening precision: the stock market crash in 1987, the collapse of (...)
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Days Away From Economic Chaos?
By : Solve et Coagula - Friday August 21, 2009
Days Away From Economic Chaos? by Bill Sardi August 21, 2009 America is just a few days away from a possible day of reckoning. I again call attention to this day, August 25, when the Federal Deposit Insurance Corporation issues its 2nd Quarter report for 2009 on the state of health of American banks. It has not particularly alarmed Americans that its growth and prosperity have been built upon debt. The American public is a bit desensitized, particularly since the Y2K threat fizzled. We (...)
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More US wealthy opt to surrender their citizenship
By : Solve et Coagula - Friday August 21, 2009
More US wealthy opt to surrender their citizenship 17 August 2009 - David Bain As offshore havens comply with transparency demands, a growing number of ultra-wealthy Americans are handing back their passports. Private client lawyers and relocation specialists are reporting a surge in wealthy Americans living abroad who are prepared to give up their citizenship to avoid the scrutiny of US tax authorities. Although such a move means they have to pay an exit tax, lawyers say this is a (...)
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Money system: meltdown by the end of 2009
By : Solve et Coagula - Friday August 21, 2009
Money system: meltdown by the end of 2009 LEAP2020 20.8.09 1. Disappearance of the financial base (Dollars & Debts) all over the world A very simple image illustrates the global insolvency characteristic of today’s global financial system: the financial base which banks, insurers and global financial institutions were resting upon, is collapsing in the same way as a city built on a huge fault would collapse, suddenly realizing that what was meant to be solid land intended to (...)
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DAZIBAO
I, European citizen, won’t let refugees be rejected in my name
Thursday 10 March
©Olivier Jobard/Myop I, European citizen, won’t let refugees be rejected in my name THE RIGHT TO ASYLUM IS A RIGHT In the phrase « right to asylum », every word matters. Under the law, every person who is persecuted because of his or her political opinions or because of his or her identity, every person that is endangered by violence, war or misery has a RIGHT to seek asylum in another country The aim of this petition is to collect (...)
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Neo-Nazis and far-right protesters in Ukraine 3 live-stream
Friday 24 January
2 comments
The far-right in Ukraine are acting as the vanguard of a protest movement that is being reported as pro-democracy. The situation on the ground is not as simple as pro-EU and trade versus pro-Putin and Russian hegemony in the region. When US Senator John McCain dined with Ukraine’s opposition leaders in December, he shared a table and later a stage with the leader of the extreme far-right Svoboda party Oleh Tyahnybok. This is Oleh Tyahnybok, he has claimed a "Moscow-Jewish mafia" (...)
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Hugo Chavez is dead (video live)
Wednesday 6 March
by : Collective BELLACIAO
1 comment
President Hugo Chavez companeros venezueliano died after a long battle with cancer.
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International initiative to stop the war in Syria Yes to democracy, no to foreign intervention!
Thursday 13 December
Your support here: http://www.peaceinsyria.org/support.php We, the undersigned, who are part of an international civil society increasingly worried about the awful bloodshed of the Syrian people, are supporting a political initiative based on the results of a fact-finding mission which some of our colleagues undertook to Beirut and Damascus in September 2012. This initiative consists in calling for a delegation of highranking personalities and public figures to go to Syria in order to (...)
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THE KU KLUX KLAN ONCE AGAIN CONTROLS INDIANA
Monday 12 November
by : David R. Hoffman, Legal Editor of Pravda.Ru
7 comments
At first glance, the results of America’s 2012 election appear to be a triumph for social, racial, and economic justice and progress in the United States: California voters passed a proposition requiring the rich to shoulder their fair share of the tax burden; Two states, Colorado and Washington, legalized the recreational use of marijuana, while Massachusetts approved the use of marijuana for medical purposes; Washington and two other states, Maine and Maryland, legalized same-sex (...)
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I’VE DECIDED TO "WASTE" MY VOTE
Sunday 28 October
by : David R. Hoffman, Legal Editor of Pravda.Ru
In a 2004 episode of Comedy Central’s animated series South Park, an election was held to determine whether the new mascot for the town’s elementary school would be a “giant douche” or a “turd sandwich.” Confronted with these two equally unpalatable choices, one child, Stan Marsh, refused to vote at all, which resulted in his ostracization and subsequent banishment from the town. Although this satirical vulgarity was intended as a commentary on the two (...)
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HIGHER EDUCATION IN AMERICA: DREAM OR NIGHTMARE? PART IV
Friday 28 September
by : David R. Hoffman, Legal Editor of Pravda.Ru
PART I PART II PART III If there is one major inconsistency in life, it is that young people who know little more than family, friends and school are suddenly, at the age of eighteen, supposed to decide what they want to do for the rest of their lives. Unfortunately, because of their limited life experiences, the illusions they have about certain occupations do not always comport to the realities. I discovered this the first time I went to college. About a year into my studies, I (...)
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HIGHER EDUCATION IN AMERICA: DREAM OR NIGHTMARE? PART III
Friday 28 September
by : David R. Hoffman, Legal Editor of Pravda.Ru
PART I PART II PART IV Disillusioned with the machinations of so-called “traditional” colleges, I became an adjunct instructor at several “for-profit” colleges. Thanks largely to the power and pervasiveness of the Internet, “for-profit” colleges (hereinafter for-profits) have become a growing phenomenon in America. They have also been the subject of much political debate and the focus of a Frontline special entitled College Inc. Unlike traditional (...)
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HIGHER EDUCATION IN AMERICA: DREAM OR NIGHTMARE? PART II
Friday 28 September
by : David R. Hoffman, Legal Editor of Pravda.Ru
PART I PART III PART IV Several years ago, a young lady came into the college where I was teaching to inquire about a full-time instructor’s position in the sociology department. She was advised that only adjunct positions were available. Her response was, “No thanks. Once an adjunct, always an adjunct.” Her words still echo in my mind. Even as colleges and universities raise their tuition costs, they are relying more and more on adjunct instructors. Adjuncts are (...)
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HIGHER EDUCATION IN AMERICA: DREAM OR NIGHTMARE? PART I
Friday 28 September
by : David R. Hoffman, Legal Editor of Pravda.Ru
PART II PART III PART IV When The Bill of Rights was added to the United States Constitution over two hundred years ago, Americans were blessed with many rights considered to be “fundamental.” One conspicuously missing, however, was the right to an education. This was not surprising given the tenor of the times. America was primarily an agrarian culture, and education, especially higher education, was viewed as a privilege reserved for the children of the rich and (...)
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ONE SOLITARY LIFE, PART TWO
Monday 30 July
by : David R. Hoffman, Legal Editor of Pravda.Ru
3 comments
If there is one universal question that haunts all human beings at some point in their lives, it is, “Why do we die?” Death, after all, is the great illogic. It ultimately claims all, the rich and the poor, the mighty and the small, the good and the evil. Death also has the capability to make most human pursuits—such as the quest for wealth, fame and power—vacuous and fleeting. Given this reality, I have often wondered why so many people are still willing to (...)
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HOW MUCH CORRUPTION CAN DEMOCRACY ENDURE?
Thursday 28 June
by : David R. Hoffman, Legal Editor of Pravda.Ru
6 comments
How much corruption can a “democracy” endure before it ceases to be a democracy? If five venal, mendacious, duplicitous, amoral, biased and (dare I say it) satanic Supreme Court “justices”—John Roberts, Samuel Alito, Antonin Scalia, Clarence Thomas and Anthony Kennedy—have their way, America will soon find out. In several previous articles for Pravda.Ru, I have consistently warned how the Supreme Court’s 2010 Citizens United decision is one of the (...)
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DEMOCRACY IN THE HANDS OF IDIOTS, PART TWO
Tuesday 12 June
by : David R. Hoffman, Legal Editor of Pravda.Ru
1 comment
Imagine, if you will, that the United States government passes a law banning advertisers from sponsoring commercials on Rush Limbaugh’s radio show or Rupert Murdoch’s Fox (Faux) “News” Network. On one hand, there would be two decided advantages to this ban: The National IQ would undoubtedly increase several percentage points, and manipulative pseudo-journalists would no longer be able to appeal to the basest instincts in human nature for ratings and profit while (...)
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DEMOCRACY IN THE HANDS OF IDIOTS
Thursday 7 June
by : David R. Hoffman, Pravda.Ru Legal Editor
4 comments
LIVE, from the State that brought you Senator Joseph McCarthy, Wisconsin voters now proudly present, fresh from his recall election victory, Governor Scott Walker! At first glance, it is almost unfathomable that anyone with a modicum of intelligence would have voted to retain Scott Walker as Wisconsin’s governor. This, after all, is a man who openly declared he is trying to destroy the rights of workers through a “divide and conquer” strategy; who received 61% of the (...)
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PEOPLE WITHOUT SOULS
Tuesday 13 March
by : David R. Hoffman, Legal Editor of Pravda.Ru
2 comments
A question I’ve frequently been asked since I began writing for Pravda.Ru in 2003 is, “Why did you become disillusioned with the practice of law?” This question is understandable, particularly since, in most people’s minds, being an attorney is synonymous with wealth and political power. I’ve always been reluctant to answer this question for fear it will discourage conscientious and ethical people from pursuing careers in the legal profession—a (...)
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