NEW WORLD ORDER: FIRST PRESIDENT OF EUROPE ELECTED
By NWV News writer Jim Kouri
December 1, 2009
NewsWithViews.com
While the governments of the United States, Canada and Mexico pursue their goal of unification and the creation of a North American Union, Europe’s nations have begun their unification process with the election of the first President of Europe.
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By NWV News writer Jim Kouri
December 1, 2009
NewsWithViews.com
While the governments of the United States, Canada and Mexico pursue their goal of unification and the creation of a North American Union, Europe’s nations have begun their unification process with the election of the first President of Europe.
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By Nicole Bullock
FT.com
December 1 2009
States need to consider permanent budgetary changes to close ballooning deficits or risk “significant cracks” in the municipal bond market, the lieutenant governor of New York said on Monday.
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FT.com
December 1 2009
States need to consider permanent budgetary changes to close ballooning deficits or risk “significant cracks” in the municipal bond market, the lieutenant governor of New York said on Monday.
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ABCNews.com
December 1, 2009
LONDON (Reuters) - Gold hit record highs at $1,198.70 an ounce in Europe on Tuesday as the dollar weakened against a basket of currencies in the wake of policy comments from the Bank of Japan, adding to strong investment demand for the metal.
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December 1, 2009
LONDON (Reuters) - Gold hit record highs at $1,198.70 an ounce in Europe on Tuesday as the dollar weakened against a basket of currencies in the wake of policy comments from the Bank of Japan, adding to strong investment demand for the metal.
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By Rocky Vega
WallStreetPit.com
Dec 1, 2009
Despite recent Dubai concerns and the moderate flight to safety in the US dollar, the currency remains near 15-month lows versus the euro. The weakness stems mainly from the US’ extraordinarily high debt level, $12 trillion or “12, followed by 12 zeros,” according to the Telegraph. There are numerous other reasons the Telegraph covers as to why the dollar is getting hammered, from excess money printing to the ultra-low interest rate. However, what’s most useful is the description of two ways in which the dollar is likely to be at the root of whatever crisis emerges next…
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WallStreetPit.com
Dec 1, 2009
Despite recent Dubai concerns and the moderate flight to safety in the US dollar, the currency remains near 15-month lows versus the euro. The weakness stems mainly from the US’ extraordinarily high debt level, $12 trillion or “12, followed by 12 zeros,” according to the Telegraph. There are numerous other reasons the Telegraph covers as to why the dollar is getting hammered, from excess money printing to the ultra-low interest rate. However, what’s most useful is the description of two ways in which the dollar is likely to be at the root of whatever crisis emerges next…
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By: Rick Ackerman
GoldSeek.com
Tuesday, 1 December 2009
.S. stocks rose yesterday, so it would appear that Dubai’s reported troubles were overblown. Or were they? Initially, stock markets around the world sold off heavily on news that Dubai’s holding company, mega-developer Dubai World, was about to go under owing nearly $60 billion. When the story hit the news wires — unsurprisingly, on Thanksgiving Day — it sent Asian and European markets into a steep dive. U.S. stocks looked as though they would follow suit when index futures began to trade on virtual markets Thursday night. The electronic Dow contract, for one, was predicting that the Industrial Average would plummet more than 300 points at the bell. When the dust had settled, however, the day turned out better than one might have expected. The blue chip average, which had opened about 230 points lower, clawed its way back up to 10310 by day’s end. The net loss was a less-than-calamitous 150 points. How could it have been any worse than that when the world’s banks would rather shovel their liquidity at stocks and Treasury paper rather than make loans to businesses that in any case are not eager to borrow?
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GoldSeek.com
Tuesday, 1 December 2009
.S. stocks rose yesterday, so it would appear that Dubai’s reported troubles were overblown. Or were they? Initially, stock markets around the world sold off heavily on news that Dubai’s holding company, mega-developer Dubai World, was about to go under owing nearly $60 billion. When the story hit the news wires — unsurprisingly, on Thanksgiving Day — it sent Asian and European markets into a steep dive. U.S. stocks looked as though they would follow suit when index futures began to trade on virtual markets Thursday night. The electronic Dow contract, for one, was predicting that the Industrial Average would plummet more than 300 points at the bell. When the dust had settled, however, the day turned out better than one might have expected. The blue chip average, which had opened about 230 points lower, clawed its way back up to 10310 by day’s end. The net loss was a less-than-calamitous 150 points. How could it have been any worse than that when the world’s banks would rather shovel their liquidity at stocks and Treasury paper rather than make loans to businesses that in any case are not eager to borrow?
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by Thomas R. Eddlem
TheNewAmerican.com
Federal Reserve Open Market Committee Chairman Ben Bernanke is pulling out all the stops to kill Congressman Ron Paul’s legislation to audit the Federal Reserve Bank, this time with a November 29 op-ed column in the Sunday Washington Post.
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TheNewAmerican.com
Federal Reserve Open Market Committee Chairman Ben Bernanke is pulling out all the stops to kill Congressman Ron Paul’s legislation to audit the Federal Reserve Bank, this time with a November 29 op-ed column in the Sunday Washington Post.
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by Bill Sardi
LewRockwell.com
Use the Above link to the site…Mr. Sardi gets really pissed when somebody posts his articles…
LewRockwell.com
Use the Above link to the site…Mr. Sardi gets really pissed when somebody posts his articles…
The Case Against Military Tribunals
by Andrew P. Napolitano
LATimes.com
It’s a violation of the Constitution to use the panels without a declaration of war — and just calling it a ‘war’ on terror doesn’t count.
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by Andrew P. Napolitano
LATimes.com
It’s a violation of the Constitution to use the panels without a declaration of war — and just calling it a ‘war’ on terror doesn’t count.
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By Cliff Kincaid
December 1, 2009
NewsWithViews.com
The media furor over the White House state dinner crashers ignores the convicted felon who was invited to attend with the approval of Obama’s inner circle. The ex-convict, Robert B. Creamer, is a friend of White House adviser David Axelrod and the husband of Democratic Rep. Jan Schakowsky of Illinois. A major Democratic Party political strategist, he is the author of a 628-page book that describes how the Democrats can become the permanent majority party by passing a national health care bill and giving amnesty to illegal immigrants.
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December 1, 2009
NewsWithViews.com
The media furor over the White House state dinner crashers ignores the convicted felon who was invited to attend with the approval of Obama’s inner circle. The ex-convict, Robert B. Creamer, is a friend of White House adviser David Axelrod and the husband of Democratic Rep. Jan Schakowsky of Illinois. A major Democratic Party political strategist, he is the author of a 628-page book that describes how the Democrats can become the permanent majority party by passing a national health care bill and giving amnesty to illegal immigrants.
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by Tom DeWeese
December 1, 2009
NewsWithViews.com
As the battle over government-controlled health care continues, many Americans simply want out of the whole mess. They instead seek a plan of wellness based on healthy eating and natural supplements.
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December 1, 2009
NewsWithViews.com
As the battle over government-controlled health care continues, many Americans simply want out of the whole mess. They instead seek a plan of wellness based on healthy eating and natural supplements.
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By Ron Hera
GoldSeek.com
If a lawless gang of madmen, gamblers and alcoholics seized control of a large company, how would you expect the business to perform? How would you expect the story to end? What if, instead of a company, they seized control of the world’s largest economy, thus, to some extent, the world financial system?
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GoldSeek.com
If a lawless gang of madmen, gamblers and alcoholics seized control of a large company, how would you expect the business to perform? How would you expect the story to end? What if, instead of a company, they seized control of the world’s largest economy, thus, to some extent, the world financial system?
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Fears of default grow as years of profligacy come home to roost
Helena Smith, Athens
Guardian.co.uk
The likelihood of Greece becoming the next Iceland and plunging into bankruptcy looms over a meeting of EU finance ministers in Brussels today as the Greeks prepare to take another pasting from their colleagues.
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Helena Smith, Athens
Guardian.co.uk
The likelihood of Greece becoming the next Iceland and plunging into bankruptcy looms over a meeting of EU finance ministers in Brussels today as the Greeks prepare to take another pasting from their colleagues.
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The German government is rushing through a fresh package of measures to shore up ailing banks and prevent a second wave of the debt crisis suffocating large parts of manufacturing industry.
By Ambrose Evans-Pritchard
TelegraphUK
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By Ambrose Evans-Pritchard
TelegraphUK
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Does Dubai amount to no more than another aftershock from a banking crisis which is now largely behind us, or does it signal the beginnings of a new financial earthquake?
By Jeremy Warner
TelegraphUK
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By Jeremy Warner
TelegraphUK
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The American Home-Owning Dream on Life Support
By Andy Kroll
TomDispatch.com
I. Rescuing the Dream
At the end of a week in mid-October when the Dow Jones soared past 10,000, Goldman Sachs recorded “just another fantastic quarter” with a $3.2 billion quarterly profit, JPMorgan Chase raked in a cool $3.6 billion, and a New York Times headline declared “Bailout Helps Revive Banks, And Bonuses,” I spent a Saturday evening with about 100 people camped out in a northern California parking lot. A passerby, stealing a quick glance, might have taken the crowd for avid concertgoers staked out for tickets. There was, however, no concert here — just weary, huddled souls, slouched in vinyl folding chairs, covered by blankets, windbreakers, and knit hats against a late autumn chill.
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By Andy Kroll
TomDispatch.com
I. Rescuing the Dream
At the end of a week in mid-October when the Dow Jones soared past 10,000, Goldman Sachs recorded “just another fantastic quarter” with a $3.2 billion quarterly profit, JPMorgan Chase raked in a cool $3.6 billion, and a New York Times headline declared “Bailout Helps Revive Banks, And Bonuses,” I spent a Saturday evening with about 100 people camped out in a northern California parking lot. A passerby, stealing a quick glance, might have taken the crowd for avid concertgoers staked out for tickets. There was, however, no concert here — just weary, huddled souls, slouched in vinyl folding chairs, covered by blankets, windbreakers, and knit hats against a late autumn chill.
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“In short time, desperate partisans were soiling the sheets.”
Steve Watson,
Infowars.net
The co-founder of the modern day Tea Party political protests has slammed imitators of the concept, referring to them as “partisan political perverts”.
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Steve Watson,
Infowars.net
The co-founder of the modern day Tea Party political protests has slammed imitators of the concept, referring to them as “partisan political perverts”.
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Kids coerced into performing global warming song as strategy document reveals plan to greenwash young minds by turning environmentalism into gaia religion
Paul Joseph Watson
Prison Planet.com
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Paul Joseph Watson
Prison Planet.com
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By: Martin D Weiss
Market Oracle
Martin here with an urgent reminder that, despite what you may be hearing from Washington, risk is still a four-letter word.
And despite solemn vows to the contrary, the U.S. government is promoting risk with new-found enthusiasm and gall.
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Market Oracle
Martin here with an urgent reminder that, despite what you may be hearing from Washington, risk is still a four-letter word.
And despite solemn vows to the contrary, the U.S. government is promoting risk with new-found enthusiasm and gall.
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David Robertson
TimesOnlineUK
The Government of Dubai said today that it will not stand behind its wholly-owned subsidiary Dubai World, prompting fears that the company’s creditors could lose billions of dollars.
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TimesOnlineUK
The Government of Dubai said today that it will not stand behind its wholly-owned subsidiary Dubai World, prompting fears that the company’s creditors could lose billions of dollars.
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Dubai’s plea this week for debt deferment could just be the thin end of the wedge
By Jeremy Warner
TelegraphUK
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By Jeremy Warner
TelegraphUK
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HealthFreedomAlliance.com
New reports from Iowa and North Carolina are raising concerns that the deadly H1N1 swine flu mutations that have been confirmed by the WHO in Ukraine, Norway and elsewhere have already reached the United States. In Iowa, a report that doctors are seeing “very heavy, wet hemorrhagic lungs, lungs with a lot of blood in them” in H1N1 patients is creating concerns among health experts that the deadly Ukraine H1N1 has already spread there. In addition, a report of Tamiflu-resistant H1N1 swine flu in North Carolina is raising questions about the ability of medical authorities to combat H1N1 if thousands of people do start dying. If deadly H1N1 swine flu mutations have already reached the United States, what does that mean? Doctors in Ukraine have been reporting that victims of H1N1 there are experiencing violent hemorrhaging in their lungs. As the patients near death, their lungs reportedly become as “black as charcoal” and literally begin to disintegrate. Will this start happening soon inside the U.S.?
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New reports from Iowa and North Carolina are raising concerns that the deadly H1N1 swine flu mutations that have been confirmed by the WHO in Ukraine, Norway and elsewhere have already reached the United States. In Iowa, a report that doctors are seeing “very heavy, wet hemorrhagic lungs, lungs with a lot of blood in them” in H1N1 patients is creating concerns among health experts that the deadly Ukraine H1N1 has already spread there. In addition, a report of Tamiflu-resistant H1N1 swine flu in North Carolina is raising questions about the ability of medical authorities to combat H1N1 if thousands of people do start dying. If deadly H1N1 swine flu mutations have already reached the United States, what does that mean? Doctors in Ukraine have been reporting that victims of H1N1 there are experiencing violent hemorrhaging in their lungs. As the patients near death, their lungs reportedly become as “black as charcoal” and literally begin to disintegrate. Will this start happening soon inside the U.S.?
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Recombinomics Commentary
November 30, 2009
The designation of one of the Ukraine D225G isolates as a “low reactor” raises concerns that the H1N1 evolution is outpacing the vaccine as well as immune responses from unvaccinated hosts. This concern was present ealry when changes began to appear at position 225, a known antigenic site.
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November 30, 2009
The designation of one of the Ukraine D225G isolates as a “low reactor” raises concerns that the H1N1 evolution is outpacing the vaccine as well as immune responses from unvaccinated hosts. This concern was present ealry when changes began to appear at position 225, a known antigenic site.
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By Robin Wigglesworth in Abu Dhabi and Simeon Kerr in Dubai
CNN.com
Stock markets in the United Arab Emirates fell sharply on Monday, as worries over defaults in the region’s business hub of Dubai depressed sentiment and sent local and international investors heading for the exit.
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CNN.com
Stock markets in the United Arab Emirates fell sharply on Monday, as worries over defaults in the region’s business hub of Dubai depressed sentiment and sent local and international investors heading for the exit.
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The Dubai episode reveals that the global financial crisis is not yet over.
Stephen King
IndependentUK
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Stephen King
IndependentUK
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by Bill Bonner
LewRockwell.com
Governments benefit from ‘teaser’ rates. Wait ’til they come to an end…
There are so many breathtaking things going on around us we practically suffocate. Last week, three-month US Treasury-bills yielded all of 0.015% interest. Some yields were below zero. In effect, investors gave the government money. The government thanked them and promised to give them back less money three months later. How do you explain this strange transaction? Was there a full moon?
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LewRockwell.com
Governments benefit from ‘teaser’ rates. Wait ’til they come to an end…
There are so many breathtaking things going on around us we practically suffocate. Last week, three-month US Treasury-bills yielded all of 0.015% interest. Some yields were below zero. In effect, investors gave the government money. The government thanked them and promised to give them back less money three months later. How do you explain this strange transaction? Was there a full moon?
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Record output is expected this year but will still fall far short of demand
By Feiwen Rong
BusRep.za
China may have record gold demand and output this year as jewellery consumption soars and mining firms expand production after prices reached all-time highs, according to the China Gold Association.
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By Feiwen Rong
BusRep.za
China may have record gold demand and output this year as jewellery consumption soars and mining firms expand production after prices reached all-time highs, according to the China Gold Association.
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By: Rick Ackerman
GoldSeek.com
Gold’s spectacular swoon on Friday provided fresh evidence that a red-hot bull market is in no imminent danger of cooling off. The initial plunge was orchestrated by bullion bankers and other promiscuous borrowers of gold when some unsettling financial news out of Dubai triggered a misbegotten panic into, of all things, dollars. Smelling blood, gold shorts pulled their bids when it looked as though the dollar was about to soar. Alas, the buck barely got off the launching pad before gravity re-asserted itself with a vengeance. The rally was so short-lived and feeble that it will have significantly diminished the dollar’s bizarre status as a “safe haven.” That in turn will make it harder in the future for the central banks of Europe, Japan and the U.S. to kick off an inevitable dollar-support operation with some “news” annnouncement designed to promote a short squeeze. Conversely, gold’s powerful, market-driven surge will now be even more difficult for officialdom to suppress, since Friday’s rebound was so swift and steep as to purge all doubts that bulls are overwhelmingly in charge.
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GoldSeek.com
Gold’s spectacular swoon on Friday provided fresh evidence that a red-hot bull market is in no imminent danger of cooling off. The initial plunge was orchestrated by bullion bankers and other promiscuous borrowers of gold when some unsettling financial news out of Dubai triggered a misbegotten panic into, of all things, dollars. Smelling blood, gold shorts pulled their bids when it looked as though the dollar was about to soar. Alas, the buck barely got off the launching pad before gravity re-asserted itself with a vengeance. The rally was so short-lived and feeble that it will have significantly diminished the dollar’s bizarre status as a “safe haven.” That in turn will make it harder in the future for the central banks of Europe, Japan and the U.S. to kick off an inevitable dollar-support operation with some “news” annnouncement designed to promote a short squeeze. Conversely, gold’s powerful, market-driven surge will now be even more difficult for officialdom to suppress, since Friday’s rebound was so swift and steep as to purge all doubts that bulls are overwhelmingly in charge.
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China, gold, and the civilization shift
By Ambrose Evans-Pritchard
TelegraphUK
Stephen Jen from the hedge fund Blue Gold Capital has a warning for those who think that gold has risen far too high, is necessarily in a speculative bubble, and must soon come clattering back down.
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By Ambrose Evans-Pritchard
TelegraphUK
Stephen Jen from the hedge fund Blue Gold Capital has a warning for those who think that gold has risen far too high, is necessarily in a speculative bubble, and must soon come clattering back down.
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by Mike Whitney
LewRockwell.com
The default in Dubai is not the beginning of Financial Meltdown 2. Don’t look for dominoes here. Yes, it does raise serious questions about the vast debt-overhang in emerging economies – particularly East Europe. But, this is not a “sovereign default” in the strict sense, nor is there any great risk of contagion. Oil-rich Abu Dhabi is loaded with liquid assets, possibly as much as $800 billion. They could pay off Dubai World’s measly $60 billion debt without batting an eye. But Abu Dhabi wants to send its wastrel younger brother a wake-up-call by forcing Dubai to restructure its debt. That means that banks, bondholders and contractors will have to take a haircut, which is not surprising given the abysmal condition of the commercial real estate market.
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Source:
http://revolutionradio.org/
LewRockwell.com
The default in Dubai is not the beginning of Financial Meltdown 2. Don’t look for dominoes here. Yes, it does raise serious questions about the vast debt-overhang in emerging economies – particularly East Europe. But, this is not a “sovereign default” in the strict sense, nor is there any great risk of contagion. Oil-rich Abu Dhabi is loaded with liquid assets, possibly as much as $800 billion. They could pay off Dubai World’s measly $60 billion debt without batting an eye. But Abu Dhabi wants to send its wastrel younger brother a wake-up-call by forcing Dubai to restructure its debt. That means that banks, bondholders and contractors will have to take a haircut, which is not surprising given the abysmal condition of the commercial real estate market.
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Source:
http://revolutionradio.org/
