Living in America is becoming very difficult for anyone with a moral conscience, a sense of justice, or a lick of intelligence.–Paul Craig Roberts

“The new tyranny is arising in the West, not in Russia and China. The danger to humanity is in the nuclear button briefcase in the Oval Office and in the brainwashed and militant American (sic) population, the most totally disinformed and ignorant people on earth.”

It’s well-worth following what Roberts has to say. He’s one of the most informed thinkers and writers in America.

NICOSIA, Cyprus, May 18 (UPI) -- The dispute between Turkey and Israel over major natural gas fields under the eastern Mediterranean escalated sharply after Ankara scrambled F-16s to intercept an Israeli aircraft over Turkish-controlled northern Cyprus, where Ankara has started exploratory drilling.

Fines by breaking seat belt laws is TAXATION BY CITATION. Someone who is not wearing a seat belt has not harmed no one or someones property. It is a government scam to make money.

Bestselling author and legendary conspiracy researcher Jim Marrs has yet again exposed information that the mainstream corporate media has refused to report, unearthing the lies to expose the insidious alliances that make up a secret world. In the explosive The Trillion-Dollar Conspiracy, Marrs digs beneath the media noise surrounding the financial bailouts of 2008 and 2009 while exploring the back rooms and shadowy deals of our nation's past to craft a frightening history that no one else is brave enough to tell.

The Wall Street Journal reports the JP Morgan’s losses on their illegal ‘synthetic’ securities speculation was approved directly by CEO Dimon and have now grown to $5 billion.

Britain's economy may suffer “permanent” damage and “never quite get back up” if the euro collapses in a chaotic way, the Government’s chief economic forecaster has said.

Robert Chote, the head of the Office of Budget Responsibility, issued the warning amid fears of financial shockwaves across Europe if Greece crashes out of the single currency.

The senior Government economist, who has access to the most up-to-date Treasury data, said this could cause a recession as bad as the last one and “lingering, long-lasting effects” for Britain’s public finances.

He said it could “permanently hamper the economy” in the worst case scenario, raising the prospect that Britain may never again see the same high growth it has had in recent decades.

All the major Western Central Banks will print to infinity in an attempt to prevent financial Armageddon.

Once the policy is underway, QE cannot be removed from the economy without economic collapse until the system is reset. QE to Infinity…AND BEYOND!!!

It was George Santayana who famously said "Those who cannot remember the past, are condemned to repeat it." There are millions and millions of people who are blissfully unaware of the financial fraud that they partake in daily. These people will be left holding worthless fiat paper when the official monopolized money machine collapses, taking everyone's digital, paper & monetized debt instruments with it

Our new National Anthem!

Susanne Posel, Contributor
Activist Post

The New Hampshire House of Representatives voted to ban UN Agenda 21 polices.

This legislation will prevent local, county and state governments from adopting the International Council for Local Environmental Initiatives (ICLEI) programs.

ICLEI is a UN agency that provides “local” community plans, software and training to towns and cities that pay their dues.

NH is not the only state to pass anti-Agenda 21 legislation...

Washington •French President Francois Hollande said Friday he would carry out his pledge to withdraw combat forces from Afghanistan by year’s end, two years earlier than the U.S. ally once planned. He made the declaration to President Barack Obama in the Oval Office.

Speaking after the White House meeting, Hollande said he stands by a campaign promise to withdraw troops, but said France will keep supporting Afghanistan in a "different way." The war, more than a decade old, draws even less public support in France than in the United States.

New York

1 in every 2,677 homes received a foreclosure filing in Q1 2012

Properties with foreclosure filings:
2,812

Change from March 2012:
-7.62%

Change from April 2011:
+7.25%

Members of the Class of 2012,

As a former secretary of labor and current professor, I feel I owe it to you to tell you the truth about the pieces of parchment you’re picking up today.

You’re f*cked.

Brandon Turbeville
Activist Post

Over the past few months, the dismal financial state of the United States Postal Service has been the subject of much derision and contempt in the mainstream media. The massive debt held by the USPS has been the bloody sheet waived by both reactionary Republicans and Wall Street Democrats in order to justify the privatization or even the elimination of such an important service from oversight and administration by the Federal government.

The large debt held by USPS, coupled with exaggerations of wait times and other aspects involved in shipping services, are constantly highlighted as the latest example of how “government is incapable of running anything effectively.” The general public is then subjected to a barrage of “free market” solutions which are, as is almost always the case, nothing more than the fleecing of the taxpayer who will inevitably end up paying more and receiving less while benefiting crony corporations...

In response to the question in the title I can report that most of my readers are. Almost everyone got the point of the last column. They see the absurdity of the government’s claim that the identity of the tough, macho Navy Seals, who allegedly murdered Osama bin Laden, has to be kept secret in order to protect our fierce warriors from reprisals from Muslim terrorists, while those government officials responsible for the torture and deaths of large numbers of Muslims can walk around, identity known, unprotected and safe.

Ron Paul 2012 Campaign

Jesse Benton, Chief Strategist:Dr. Paul is NOT dropping out or suspending his campaign.

Ron Paul is the Only Candidate Who Matters in this Election

Please watch this video and pass it along!

I questioned David Morgan of Silver-Investor.com and The Morgan Report on May 15th 2012.

This is not your "normal" metals interview - it is about the emotional value people put on the investments of metals and how the bankers are working on the psychological part to stop people from investing in metals.

"Centralization induces apoplexy at the center and anemia at the extremities." ~ Lamenais

The present political system is clearly insane. It suffers from schizophrenia. Around the world, almost no one trusts the politicians, yet almost everyone votes for incumbent politicians who promise to reform the government.

For those of us who dread the centralization of anything, our boats have begun to come in.

No ship will come in. Its model is the Titanic.

A melee ensues after a protester pulls down a NATO banner.

The police presence in the Loop was enormous Friday afternoon, leaving the appearance that there were several officers per protester.

After a downtown rally that peacefully crossed the Loop, NATO protesters joined forces with organized labor Friday night, lending their voices to striking workers at the Congress Plaza Hotel.

More evidence, if you needed any, that these days of demonstrations in Chicago are about more than the NATO Summit. Young people gathered here say they are looking for opportunity and a way forward.

Ron Paul's new strategy to win the GOP nomination for the 2012 Presidential Election as he heads full force toward the Republican National Convention.

As the run on the banks spread in Europe, with 30% of customers pulling cash out of UK branches of Spain's Santander bank, the Euro spikes on absolutely no news.

...Today was all about one thing - the disaster that was/is/and will be Facebook - between late openings, overwhelmed systems, a dump to the syndicate bid and almost 600mm shares traded with the syndicate just soaking it all up at $38.00 early and into the close.

Is it any wonder that every other social media stock plunged and how do they expect to ever get another internet IPO off again (at anything but a massive discount). No matter what correlation trick was tried to juice markets today - for the tenth day-in-a-row markets saw a BTFD turn into a STFR...

7.58pm: This is turning into something of a farce.

According to reports from Athens, the Greek government is now rejecting Berlin's denial, insisting that Merkel did suggest running a referendum alongside the June 17 vote.....

7.21pm BST: The German government has now denied that Angela Merkel suggested that Greece should hold a referendum.

Since 2008 the vast majority of the Western population dream about saying "no" to the banks, but no one has dared to do so. No one except the Icelanders, who have carried out a peaceful revolution that has managed not only to overthrow a government and draft a new constitution, but also seeks to jail those responsible for the country's economic debacle.

The United States on Thursday announced the imposition of antidumping tariffs of more than 31 percent on solar panels from China.

The move by the Commerce Department is certain to infuriate Chinese officials already upset after recent bilateral frictions over China’s human rights policies and its increasingly confrontational approach toward American allies like the Philippines and Japan.

Last weekend we advised SD readers that our sources had informed us that JPMorgan’s derivatives losses sustained by their CIO desk were actually $100 Billion, not the $2 Billion admitted by Jamie Dimon to investors.

Well, one week later, the MSM (WSJ) is now reporting that JPM’s CIO has now lost $5 billion.

Perhaps more interesting, the WSJ states that Jamie Dimon personally approved the delta-hedging of its interest rate swaps positions which has resulted in the FUBAR derivatives losses for JPM.

Just to make sure everyone understands: The ratings the agencies provide are merely an opinion. They do not speak of the market value of a security, the volatility of its price or its suitability as an investment.

Greece leaving the euro could plunge Britain into a recession that would cause lasting damage to the economy, the chair of the Office for Budget Responsibility, Robert Chote, has said.

It could be as bad as the recession caused by the credit crunch and there would be a possibility that "you go down and you never quite get back up to where you started", he said.

Greece's government spokesman says German Chancellor Angela Merkel has floated the idea that the country hold a referendum on the euro alongside national elections next month.

The NFL, MLB, NHL, NBA and NASCAR are being squeezed by the economy.

A sombre protest to mark the supposed death of Spanish public health and education. Just the latest in a long series of demonstrations against the austerity program of the government of Mariano Rajoy.

Spain, Europe's fifth-largest economy, has had doubts cast on the strength of its banking sector thanks largely to the country's property crash.

Its banks have lent billions of euros they might never get back and this has made investors very nervous.

On 18 May, credit ratings agency Moody's cut its ratings for 16 Spanish banks, reflecting the heightened risk of them suffering huge losses if property loans are not repaid.

The Spanish government has had to part-nationalise one of its banks and may have to bail out more.

Rousseau and her husband, Norman, thought the worst had come when Wells Fargo slapped a 5-day eviction notice the front door of her Los Angeles home.

It was Mother's Day, and as soon as Norman saw the letter, he told his wife he could see no other way out. Then he walked into the bedroom they shared for 13 years and shot himself, she told CBS 2.

“[My husband] was fighting tooth and nail, everything that he could do,” Orianne said.

With each passing day, the banking crisis in Europe escalates. European banks are having their credit ratings downgraded in waves, bond yields are soaring and billions of euros are being pulled out of banks all across the eurozone.

The situation in Europe is rapidly going from bad to worse. It is almost like watching air being let out of a balloon. The key to any financial system is confidence, and right now confidence in banks in Greece, Italy, Spain and Portugal is declining at an alarming rate.

When things hit the fan in Europe, it is going to be much safer to have your money in Swiss banks or German banks than in Greek banks, Spanish banks or Italian banks.

Facebook opened its shares for stock market trading today, opening at $42.05 only to immediately crash nearly 10% to $38 per share.

We innocently forfeit our legal and parental rights when we
purchase a marriage license.

The marriage license began in the middles ages as a private contract between two families. Most of the time this was recorded in the local church with or without eyewitnesses. Usually the word of a couple that stated they were married was sufficient to have the marriage recorded as such.

According to Black's Law Dictionary, the word license is defined as - "Permission by competent authority to do an act which without such permission, would be illegal."

In other words, the government makes something that was lawful to do, illegal. They then charge you a fee (which is a bribe) to turn their backs and give you a permit that allows you to break the law that they just said was illegal to do!

Romney Defends JP Morgan’s $3 Billion Trading Debacle After Collecting Millions From The Financial Industry

2012 presumptive Republican presidential nominee Mitt Romney this week defended JP Morgan Chase’s $3 billion trading debacle as just “the way America works.” He denied that the episode makes the case for stronger regulations to rein in banks’ risky trading.

15 MAY 2012

"Hey KingCast What's Crackin' at Tomorrow's Hubert Humphrey Annual Civil Rights Gala in DC?"

Yes, my former co-worker and Assistant Attorney General from Ohio and current CFPB Chief Richard Cordray was in attendance, read more about him and Kent Markus in this Mortage Movies Journal Entry that also partially addresses what a horrible Senator Kelly Ayotte really is.

Here is the link for this year's Humbert Humphrey Civil Rights Gala. A rousing rendition of the National Anthem I say. As to my ultimate purpose in attending, that is still going to remain unpublished for several days. I wish I could tell you but I can't just yet, but very soon. It is going to come out of left field and call into question EVERYTHING, that is all I can say.

TRUST ME FOLKS: When this story hit in late May or early June you will say "Dod Gamn!!!?

*hyperlinks and video live at source*

California Governor Jerry Brown claims California has no option but to cut public services to address a state budget deficit of ~ $16 billion:

“You name it, and we’ve got to cut it.”

He lies.

There are three immediate options to completely solve this problem:

California could be its own bank to issue interest-free credit to itself to close the budget deficit, similar to what North Dakota does as the only state with increasing budget surpluses. Governor Brown knows of this option; he vetoed the bill to document the benefits.

The U.S. oil infrastructure is the product of four decades of rising imports and falling domestic supply. As those trends have reversed over the last few years, America’s network of pipelines has failed to keep pace. Designed in part to ferry oil and refined gasoline from the coasts to the interior, those pipelines are now ill-equipped to handle the enormous amount of crude gushing from shale reserves in North Dakota and Texas. Which is why so much of that oil ends up trapped in the central Oklahoma town of Cushing, the primary crude oil storage hub for the U.S.

Cushing developed as an oil trading center and then as the official price settlement point for West Texas Intermediate, the benchmark that most types of North American crude are priced against. Cushing is now best known as a bottleneck for the energy industry: Oil rushes in, but trickles out. There are now more than 44 million barrels of oil stuck in Cushing, a record, and 60 percent more than was stored there just five months ago. Overall U.S. crude inventories now sit at a 21-year high.

In this episode, Max Keiser and co-host, Stacy Herbert, discuss the Devil's Breath of too much debt and JP Morgan's black and blue dementia. In the second half of the show Max talks to Mike Maloney about gold, silver and Hollywood accounting.

Ryan Smyth, Contributor
Activist Post

To help explain what the effects of fractional reserve banking are, and to illustrate just how evil it is, I’ve written a simple program that lets you simulate fractional reserve banking and the effects of compound interest.

The Frackin’ Reserve! program simulates what happens in fractional reserve banking, and lets you change the parameters for it. What this lets you do is simulate fractional reserve banking from a variety of perspectives, and see the results in real time.

FREEDOM: Frackin’ Reserve! is licensed under the GPLv3, so you are free to do with it whatever you wish as long as you pass on that same courtesy if you redistribute it. (Yay for freedom!) Feel free to share with whomever you like....

Published reports say Hewlett-Packard is poised to eliminate up to 30,000 jobs to help offset dwindling demand for personal computers as more people connect to the Internet on smartphones and tablets.

Europe is starting to buckle under the strain of the economic crisis as one doom scenario leads to the next. The spectre of a forced exit from the euro looms large. But do we really have cause to be so gloomy? Are there no winners in the present bleak economic landscape? Radio Netherlands Worldwide put four simple questions to three leading Dutch economists.

-1. Are you positive or negative about the future?
-2. What is the biggest problem that needs to be overcome? How will we manage to do it?
-3. Who will be the winners and who will be the losers?
-4. What is the impact of the economic crisis on you personally?

PATRICK BYRNE (pictured) is the chief executive of Overstock, a Utah-based online retailer. But he is better known—indeed, notorious in some circles—for his campaign against Wall Street over what he has long portrayed as an unholy alliance of brokers and hedge funds bent on profiting from the illegal (or “naked”) short-selling of shares, not least those of his own firm.

THE MONEY MASTERS is a historical documentary that traces the origins of the political power structure. The modern political power structure has its roots in the hidden manipulation and accumulation of gold and other forms of money. The development of fractional reserve banking practices in the 17th century brought to a cunning sophistication the secret techniques initially used by goldsmiths fraudulently to accumulate wealth. With the formation of the privately-owned Bank of England in 1694, the yoke of economic slavery to a privately-owned "central" bank was first forced upon the backs of an entire nation, not removed but only made heavier with the passing of the three centuries to our day. Nation after nation has fallen prey to this cabal of international central bankers.

Goldman Sachs struck a secret deal with Greece to help it mask its vast debts, it emerged yesterday.

The Wall Street giant is claimed to have reaped as much as £192million in fees by entering a complex currency transaction in 2001 that helped Athens borrow cash without putting it on the books as a loan.

The so-called 'swap' deal, while permitted under EU rules, helped Greece meet eurozone limits on government borrowing.

Economists warned that the Greek financial system could crumble within weeks or days unless the European Central Bank steps up support.

President Karolos Papoulias told party leaders that banks had lost €700m in withdrawals on Monday alone as citizens rush to pre-empt capital controls and a much-feared return to the Drachma.

He cited central bank warnings that "great fear" might soon escalate to panic. The leaked details lend credence to claims that capital flight by both savers and firms have reached €4bn a week since the triumph of anti-bailout parties on May 6.

I submit that the New World Order is a freemasonic effort to establish Zion in the Americas, and from that fortress, to dominate the world.

But who’s behind it?

Adrian Salbuchi says it’s a network of big banking families – many of whom are ethnically Jewish and prime bankrollers of the state of Israel. These banking families, led by the Rothschilds, strong-armed the British government to issue the Balfour Declaration of 1917 and laid the basis for the Zionist takeover of Palestine.

During his recent interview on Truth Jihad Radio, Salbuchi told me that the Zionists are getting ready to move their empire from Occupied Palestine to the Americas. Salbuchi confirmed earlier reports from Joe Vialls (see below) and others that the Falkand Islands region contains more than ten times the oil reserves of Saudi Arabia – and nearby Antarctica contains even more. He said the Zionists, with their financial clout and dominance of the big oil majors, have taken control of the Argentine oil industry. Additionally, according to Salbuchi, swarms of Israeli operatives have been scouting out the vast, unoccupied, fertile regions of Argentina in preparation for a possible Zionist invasion…I mean, emigration.

The bank runs that we are watching right now in Greece are shocking, but they are only just the beginning. Since May 6th, nearly one billion dollars has been withdrawn from Greek banks. For a small nation like Greece, that is an absolutely catastrophic number. At this point, the entire Greek banking system is in danger of collapsing.

The following is my prescription for Greece....

1 - Default on all debts.

2 - Leave the euro.

3 - Issue drachmas that are debt-free and that do not come from a central bank. Instead, have the Greek government create them and spend them directly into circulation.

4 - Enjoy a return to prosperity.

The Iranian military must be enjoying the latest spectacle of Pentagon waste and bungling.

Only a few weeks ago, the US attempted to ramp up the pressure on Iran by deploying to the Persian Gulf at the Al Dhafra Air Base in the United Arab Emirates, just across the gulf from Iran, a squadron of the Air Force’s spanking new and never battle-tested supersonic F-22 stealth fighter-bombers.

The problem is that those F-22 Raptors are duds. They may fly fast, and may even be hard to spot on radar (though that claim has been debunked by many experts), but they have a fatal defect in their life-support system. Pilots who fly them have been having their oxygen supply cut off with disturbing regularity, leading to deaths, crashes and to forced landings by pilots who realized they were getting dopey or losing consciousness.

Michael Snyder, Contributor
Activist Post

Money is being pulled out of Greek banks at an alarming rate, and if something dramatic is not done quickly Greek banks are going to start dropping like flies. As I detailed yesterday, people do not want to be stuck with euros in Greek banks when Greece leaves the euro and converts back to the drachma.

The fear is that all existing euros in Greek banks would be converted over to drachmas which would then rapidly lose value after the transition. So right now euros are being pulled out of Greek banks at a staggering pace.

So where has all of the cash for these withdrawals been coming from? ...

Homeowners should brace themselves for sharp increases in the cost of their mortgages, the Bank of England warned yesterday.

It is a bitter blow for Britain’s 11.2million mortgage holders and comes as a direct result of the chaos in the eurozone.

The crisis is driving up the cost of borrowing for high street lenders in this country – and they aim to ‘restore’ their profit margins by passing on that cost.

European politicians failed to see that the single currency's existence is in peril, trying to blame the system's failures on individual countries, Aditya Chakrabortty, lead economics writer for The Guardian newspaper, told RT.

In times of austerity, it's the bloated elephant in the room that no one seemsto want to tackle. A new survey by The Center for Public Integrity reveals Americansbelieve the Pentagon is long overdue for some budget cuts, but it seem that Congresshas something else in mind. So why aren't political leader seeing eye-to-eyewith the people of America?

Britain's Prime Minister says the Eurozone must make up or break up. David Cameron told business leaders that the beleagured single currency countries are at a crossroads which demands urgent action to avoid sparking a global depression.

*hyperlinks and video live at source*

Pulitzer-winner Mark Fiore’s two-minute animation shows what is self-evident: anything done within a system that creates and uses debt as a so-called “monetary system” can only produce increasing aggregate debt.

So-called “austerity” is a symptom of a government that surrendered its power to create debt-free money for the direct payment of public goods and services. The really great news is that this problem literally only exists on paper.

This basic test of civic economic competence will be passed when the 99% command three simple areas of facts for monetary and credit reform:

The US does not have a money supply; we have its Orwellian opposite as a debt supply. This is because the US leading banks won legal right through passage of the 1913 Federal Reserve Act to have private banks and the Fed create debt for what we use as money, and then charge the 99% for its use.

Susanne Posel, Contributor
Activist Post

Jamie Dimon has come out publicly to downplay the severity of his bank’s recent $2 billion loss.

The Central Investment Unit (CIU) utilized a different value risk calculation (VaR), which gave them greater leniency in the assessment of their trades. The purpose of the CIU was to covertly set up risky positions within the firm.

This CIU reported to Dimon directly and were given special privilege and separate risk management during their trades. The inception of this distinctive CIU goes back to 2005.

Because of the pressure and publicity of this incident, as well as the flippant demeanor of Dimon, the shareholders of JPMorgan Chase & co. have filed suit against Dimon in a New York Federal Court. They cite the $2 billion loss as the purpose of their legal action...

Shares in Spanish bank Bankia have continued their dramatic decline on concerns over the firm's finances.

The share price was down another 25% on Thursday, taking losses for May to 50%.

Spain denied a report in the El Mundo newspaper that customers had taken more than 1bn euros ($1.3bn; £800m) out of the bank, which is set to be part-nationalised, over the past week.

Mr Cameron raised eyebrows at Prime Minister's Questions on Wednesday when he warned the eurozone it "either has to make up or it is looking at a potential break-up".

Chancellor George Osborne has repeatedly warned against speculating about eurozone break-up, saying it would cause instability amid Greece's ongoing inability to form a government able to push through austerity plans.

But he told MPs earlier on Thursday that the Greek elections had "let the genie out of the bottle" and "some of the things we were happy to say in private we are now also willing to say in public because the issue is out there".

Michael Snyder, Contributor
Activist Post

Don't you wish that someone had told you the truth before you went to college? Don't you wish that someone had told you that college has become a giant money-making scam that is designed to drain as much money out of students and parents as possible?

Yes, college can be a profitable endeavor if you pick your field of study wisely, if you can get someone else to pay for at least some of it, and if you can actually get a good job in that field when you graduate. But most high school students are never told to weigh the pros and the cons before they run off to college. The typical high school student is simply told to get into the "best school" that he or she can and to take out whatever loans are "necessary" to pay for that education. Our high school students are assured that those student loans will be paid back easily once they get "good jobs" following graduation.

David Cameron has set out a three-point plan to stop Europe's financial problems spiralling out of control, amid growing fears that Greece is about to crash out of the single currency.

The Prime Minister is piling the pressure on Europe to stop the collapse of the single currency by raising money through "Eurobonds".

Speaking in Manchester, he warned the financial crisis of 2008 that led to the near-collapse of the banking system "never really went away".

A tsunami of capital flight from Greece threatens to overwhelm the authorities, forcing the country out of the euro before fresh elections in June.

Economists warned that the Greek financial system could crumble within weeks or days unless the European Central Bank steps up support.

President Karolos Papoulias told party leaders that banks had lost €700m in withdrawals on Monday alone as citizens rush to pre-empt capital controls and a much-feared return to the Drachma.

He cited central bank warnings that "great fear" might soon escalate to panic. The leaked details lend credence to claims that capital flight by both savers and firms have reached €4bn a week since the triumph of anti-bailout parties on May 6.

The Spanish Treasury had to pay around 5pc to attract buyers of three- and four-year bonds. The longer-dated bonds sold with a yield of 5.106pc, way above the 3.374pc the last time it was auctioned.

Spanish Prime Minister Mariano Rajoy said yesterday his government, struggling to reduce its budget deficit, could soon find it difficult to fund itself affordably on the bond market unless the pressure eases.

Brandon Smith, Contributor
Activist Post

After being immersed in the world of alternative economic analysis for several years, it sometimes becomes easy to forget that most people do not track forex markets, or debt to GDP ratio, or true unemployment, or hunch over IMF white-papers highlighting subsections which expose the trappings of the globalist ideology. Sometimes, you just assume the average person knows what the heck you are talking about. This is, of course, a mistake. However, it is a mistake that is borne from the inadequacy of our age and our culture, and is not necessarily a product of weak character, either of the analyst, or the casual reader.

The great frustration of being actively involved in the Liberty Movement is the fact that many people are rarely on the same page (or even the same book) during political and economic discussion...

The paper proves that Goldman Sachs does naked short selling. They will sell and short stocks they don't even have nor are able to get. In other words, just like the fractional reserve banking of creating money out of thin air with key strokes. Goldman Sachs pretended to own or had in their hands, stocks which they didn't have. They would short the stocks and do trades on non-existent stocks. They also did this to affect the stock price on the market. So they could make some stocks Fail. They even use that word in the documents accidentally released.

The ‘Subsidized’ Loan Charade: The US Government is Profiteering on Struggling Students

The Senate is currently deadlocked on taking action to prevent the interest on new Stafford guaranteed student loans from rising on July 1 from 3.4% to 6.8%, with Democrats saying they want to “pay for” keeping the current “lower” 3.4% rate by closing a loophole that allows some wealthy people to avoid paying Social Security and Medicare taxes, while Republicans want to “pay for” keeping the lower rate by eliminating a fund for preventative health care in the 2010 health care reform law.

But what is all this nonsense about “paying for” a supposedly “lower” interest rate of 3.4%?

(*I wouldn't bet against it , in 49 states other than Massachusetts http://whatreallyhappened.com/content/has-massachusetts-lost-its-polit... , at least .)

I never say this on the net, but this is amazing.

The Free Lakota Bank is the first bank in the world to offer deposits and investment opportunities exclusively in silver, and even pays interest on contract deposits in ounces of metal.

Note: The author of this letter fought at Wounded Knee in 1973.

Minutes of the central bank's April 24-25 meeting stated that "several members" thought additional Fed support could be needed if the recovery lost momentum or if the risks to the economy became great enough.

The minutes did not spell out what circumstances would trigger further Fed efforts to lower interest rates to boost the economy. But they did note some threats to the US economy. One is Europe's debt crisis. Another is the risk that spending cuts and tax increases that could take effect at year's end if Congress can't reach a budget agreement could slow growth more than expected.

Wall Street banks have secretly taken over US firearms and ammunition manufacturers and mercenary firms in a stealth build up world's largest private military force.

A Daily KOs article reveals that Wall Street banks have used private equity firms to acquire and launch a massive stealth takeover of private security firms, US ammo and gun manufacturers, uniforms, silencers and an army of mercenaries to build what amounts to the world's largest private army.

It’s just after lunchtime on a drizzly day in the Amsterdam suburb of Bos en Lommer and the line of people waiting to fill their bags with free rice, juice, potatoes and bread is lengthening.

The market is one of 135 food banks in the Netherlands bailing out people trying to survive on less than 180 euros ($234) a month, the threshold to qualify for the aid. Organizers say demand for the service rose 20 percent in the first quarter.

Chris Martenson is warning everyone to get ready because we’re about to have another 2008-Style crisis, but this time on a global level

Housing starts were surprisingly strong this week, while there was improving sentiment from home builders. So should we start to breathe a sigh of relief that the housing market is returning to health? The short answer is no. The headlines say that housing is stabilizing and there are signs of life in the real estate sector http://www.google.com/search?hl=en&gl=us&tbm=nws&q=china+economy&oq=ch... This is true but is only part of the story. Signs of life is far different than a return to healthier times.