Thursday, February 11, 2010

RevolutionRadio.org | Today's Headlines - February 11, 2010


Internet Censorship Protest Shuts Down Australian Government Websites
Hacker group in demonstration against web filter that blocks sites deemed offensive by authorities Paul Joseph Watson Prison Planet.com Thursday, February 11, 2010 Hackers protesting government censorship of the Internet have shut down several Australian government websites in a demonstration against the announcement that filters would be imposed to block access to websites deemed offensive by the authorities. The..

U.S. Foreclosure Filings Surpass 300,000 for 11th Month in Row
Feb. 11 (Bloomberg) — U.S. foreclosure filings rose 15 percent in January from a year earlier and exceeded 300,000 for the 11th consecutive month as modification programs..

TARP Watchdog Says Commercial Real Estate Loans Pose Danger
Bloomberg.com Feb. 11 (Bloomberg) — Commercial real estate loans have the potential to go sour and wreck the U.S. economy unless regulators prepare now, according to a report...

China orders retreat from risky assets
China has ordered managers of its vast currency reserves to withdraw from risky dollar assets and retreat to core debt guaranteed by the US government, a clear sign that..

Euro Trashed?
FinancialSense.com February 10, 2010 The European experiment with a trans-sovereign currency is facing its first acid test. The flashpoint today is Greece, which looks set to default on its...

German Bailout of Greece, PIIGS Would Herald Shift of E.U. Power To Germany
Market Oracle The situation in Europe is dire. After years of profligate spending, Greece is becoming overwhelmed. Barring some sort of large-scale bailout program, a Greek debt default at...

Stayaway shuts down Greece
Strike against debt measures TimesLive.co.za Feb 10, 2010 A Strike by civil servants shut schools and grounded flights across Greece as unions challenged cutbacks aimed at ending a government debt...

Coming To America: The Greek Sovereign Debt Crisis
ZeroHedge.com 02/10/2010 Yesterday we presented our views on why Europe’s decision to tip over the first of the bailout dominoes will be inherently a catastrophic one in the...

‘Power Lunch’ Guest Says No to Greek Debt, Warns All Governments Will Default
AmericanCrisis.us Wed, 02/10/2010 Just one day after Treasury Secretary Timothy Geithner said the U.S. wouldn’t lose its “top-notch” credit rating, one CNBC guest said that ‘”all governments”...

The “Y-shaped” downturn – A Greater Depression?
A more severe crisis is already “Baked in the Cake” by Michael Hampton FinancialSense.com I have been asked by many on my Global Edge Investors Website to explain why I am “so...

Busting the Safety Net
AmConMag.com Three decades ago, angst over the looming insolvency of Social Security reached fever pitch. President Ronald Reagan responded by grasping the third rail of American politics...

Secession: A Solution to the Washington Debt Threat
LewRockwell.com Frédéric Bastiat must have been looking toward the future of the United States today when he said, “When plunder has become a way of life for a...

Tea Partiers: Ron Paul Bad, ConAgra & Bombing Iran Good
FireDogLake.com After I appeared on MSNBC talking about Sarah Palin’s appearance at the Nashville tea party convention, several libertarian friends pinged me to say they were unhappy with...

The Green Shoots of Obama’s Green Police
LewRockwell.com Despite its creepy implications, I was going to let that odd Super Bowl car commercial featuring the Green Police just ride quietly into the sunset. Until the...