China Facing Economic, Financial and Stock Market Crash Scenario
December 18th, 2009By: Mike Shedlock
Market Oracle
Dec 18, 2009
Problems in China continue to mount. Money supply is growing rampantly out of control, property prices are in a bubble, exports are weak, commodity speculation is pervasive, and GDP growth is more of a mirage than real.
Crumbling U.S. Treasury Bond Market Suggests Spike in Interest Rates 2010
December 18th, 2009By: Mike Larson
Market Oracle
Dec 18, 2009
The holiday season is here — and in just a couple of weeks, 2009 will fade into the history books. I truly hope that you and your family enjoy these happy times.
World Wide Economic Depression, Maybe Its Time to Become a Farmer?
December 18th, 2009By: Charles Maley
MarketOracle
Dec 18, 2009
Jim Rogers, if nothing else, has no axe to grind when he shares his observations on the markets. Unlike most of the Wall Street analyst, he actually does some serious homework on his investment themes. For example, between January 1, 1999 and January 5, 2002, Rogers traveled through 116 countries, covering 245,000 kilometers, seeing what was going on in the world first hand.
Spring 2010 – A new tipping point of the global systemic crisis: When the slip knot around public deficits is going to strangle Western states and their social security systems
December 18th, 2009LEAP/E2020 believes that the global systemic crisis will experience a new tipping point from Spring 2010. Indeed, at that time, the public finances of the major Western countries are going to become unmanageable, as it will simultaneously become clear that new support measures for the economy are needed because of the failure of the various stimuli in 2009 (1), and that the size of budget deficits preclude any significant new expenditures.
Global Warming Treaty Likely to Be Delayed Past 2010
December 18th, 2009By Alex Morales and Jeremy van Loon
Bloomberg.com
Dec. 18 (Bloomberg) — United Nations climate envoys may drop a plan to complete a binding global-warming agreement by the end of 2010, as two weeks of talks in Copenhagen overran their deadline with no framework to forge a treaty.
5 Nations Forge a Climate Deal, but Many Goals Remain Unmet
December 18th, 2009By JOHN M. BRODER
NYTimes.com
December 18, 2009
COPENHAGEN — President Obama announced here on Friday night that five major nations, including the United States, had together forged a climate deal. He called it “an unprecedented breakthrough” but acknowledged that it still fell short of what was required to combat global warming.
North Korean hackers may have stolen US war plans
December 18th, 2009Files outline South Korea and Washington’s strategy in event of war on the peninsula
Justin McCurry
Guardian.co.uk
Friday 18 December 2009
South Korea’s military is investigating a cyber attack in which North Korean hackers may have stolen secret defence plans outlining Seoul and Washington’s strategy in the event of war on the Korean peninsula.
Natural swine flu defence found
December 18th, 2009A previously unknown natural defence against swine flu and other viruses has been discovered which could lead to new treatments.
By Rebecca Smith
TelegraphUK
18 Dec 2009
US Spike in H1N1Tamiflu Resistance Signals Fixing Start
December 18th, 2009Recombinomics Commentary
December 18, 2009
A total of 44 cases of oseltamivir resistant 2009 influenza A (H1N1) viruses have been identified in the United States since April 2009, including 15 newly identified cases since last week.
EXCLUSIVE – British Peer: Copenhagen Summit Has Established A World Government
December 18th, 2009“Institutional framework” paves the way for unelected international bureaucracy
Steve Watson
Prisonplanet.com
Friday, Dec 18, 2009
Is the European police state going global?
December 18th, 2009From The Viscount Monckton of Brenchley in Copenhagen
SPPI.org
Today the gloves came off and the true purpose of the “global warming” scare became nakedly visible. Ugo Chavez, the Socialist president of Venezuela, blamed “global warming” on capitalism – and received a standing ovation from very nearly all of the delegates, lamentably including those from those of the capitalist nations of the West that are on the far Left – and that means too many of them.
Credit card’s newest trick: 79.9% interest
December 18th, 2009By Candice Choi
USAToday.com
NEW YORK — It’s no mistake. This credit card’s interest rate is 79.9%.
The bloated APR is how First Premier Bank, a subprime credit card issuer, is skirting new regulations intended to curb abusive practices in the industry. It’s a strategy other subprime card issuers could start adopting to get around the new rules.
Foreclosure backlog estimated at 1.7M
December 18th, 2009By Alan Zibel
USAToday.com
WASHINGTON — About 1.7 million homeowners were on the verge of foreclosure in the fall, a looming “shadow inventory” of homes that will be put up for sale in the coming years and weigh down prices, a report said Thursday.
The number, up from 1.1 million a year earlier, is likely to keep rising through the middle of next year or later, said Mark Fleming, chief economist of First American CoreLogic, the real estate research firm that released the study.
Why I Got Into Silver
December 18th, 2009By: Jason Hommel
SilverSeek.com
17 December, 2009
(Thinking back over 10 years)
Silver Stock Report
When I started working for myself, I made my very first money, enough to save for the very first time, but I was working so hard, over 80 hours a week! I guess God finally caught up to me, because, at some point, I began to think. And that’s when it all started.
Is It Conditioning, Morality, Or Naïveté?
December 18th, 2009By: Tim Iacono
GoldSeek.com
Friday, 18 December 2009
The question of what motivates underwater homeowners to either stay put and continue to make their mortgage payments (if they can) or “walk away” from their home (and their financial obligations) has been receiving an increasing amount of attention in recent weeks.
SHTF: When the Rubber Dollar Hits Dr. Ben’s Helicopter
December 18th, 2009by David Calderwood
LewRockwell.com
In 1922 Ludwig von Mises described in his book Socialism why a socialist system could not last. This was not a popular view. The illusion of socialism’s success had real staying power; it took 70 years for the USSR to wheeze its final proof of his position, fooling most people (e.g. analysts at the CIA) right to the end.
2010: ‘The Year of Severe Economic Contraction’
December 18th, 2009by Mike Whitney
LewRockwell.com
Upbeat reports in the financial media, belie the effects of the ongoing credit contraction. Massive injections of central bank liquidity have prevented the collapse of financial markets, but have done little to ease the deleveraging of households or stimulate activity the broader economy. The crisis has stripped $13 trillion in equity from working families who now find their access to credit either cut off or severely curtailed by the same banks that received hefty taxpayer-funded bailouts. The fiscal strangulation of the millions of people who are no longer considered “creditworthy” is progressively weakening demand and spreading pessimism across all income levels. Growing public desperation was the focus of a special weekend report by Bloomberg News:
Shakedown in Copenhagen
December 18th, 2009by Patrick J. Buchanan
LewRockwell.com
If you would know what Copenhagen is all about, hearken to this nugget in The Washington Post’s report from the Danish capital.
“Ethiopian Prime Minister Meles Zenawi – who is representing all of Africa here – unveiled his proposal Wednesday for a system in which rich countries would provide money to poor ones to help deal with the effects of climate change. …
ANGER WITH FEDERAL GOVERNMENT NOT ENOUGH
December 18th, 2009By Chuck Baldwin
December 18, 2009
NewsWithViews.com
According to Rasmussen Reports, “Seventy-one percent (71%) of voters nationwide say they’re at least somewhat angry about the current policies of the federal government. That figure includes 46% who are Very Angry.
EVERYONE DEFIES LAWS
December 18th, 2009By Timothy N. Baldwin, JD.
December 18, 2009
NewsWithViews.com
In response to my one of my articles, “Hope for Financial Freedom,” I had a concerned American citizen correspond with me about the subject. He asked me a few questions which I feel are important enough to address publicly, because undoubtedly, there are many similar-thinking Americans who perhaps have not thought this fully through. Before I state the questions, let me explain why the questions were asked in the first place. As many American patriots are now advocating, the only viable way to resist federal tyranny is through the active sovereign powers of the States. This necessarily means, as I have explained for months, that the States must use the powers given to them by their sovereigns (the people)–and retained to them in the tenth amendment of the US Constitution–to pass laws which actively nullify, negate or refute unconstitutional federal laws and taxation within the sovereign borders of those States. Some people are looking at this scenario and asking what this gentleman asked me, as follows:
FROM OUR COLD DEAD HANDS
December 18th, 2009By Mary Starrett
December 18, 2009
NewsWithViews.com
Made popular a decade ago when NRA president Charlton Heston held up a rifle and uttered a shortened version of the the slogan, “I will give up my gun when they peel my cold, dead fingers from around it,” these words were first used in 1976 and appear to have originated with the Citizens Committee for the Right to Keep and Bear Arms. Since then, words to that effect have become a rallying cry for those defending the Second Amendment.
