RSS
 


Archive for June, 2010

Republic Vs Empire; Big Vs Small – Max, Stacy and Damon on Fascism American Style

23 Jun

This excellent little piece has all the right ingredients and tells the story just right: everyone needs to get over their old left/right paradigm shtick and get with the program: Republic vs Empire; Big vs Small… The old warn out game of divide and conquor has left most Americans sitting on one side or the […]

 

Bloomberg: U.S. Housing Sales Plunge After Tax Credit Ends

23 Jun

Sales of U.S. New Houses Plunge to Lowest Level on Record Purchases of U.S. new homes fell in May to the lowest level on record after a tax credit expired, showing the market remains dependent on government support. Sales collapsed an unprecedented 33 percent from April to an annual pace of 300,000, less than the […]

 

Mish’s Global Economic Trends Analysis: Another Huge Wave of Foreclosures Coming.

21 Jun

We’ve been saying for some time that the foreclosure tidal wave is still in front of us – here’s a piece from Mish’s Global Analysis that seems to be in agreement with us – Well, at least we are not the only ones saying it… Obama’s Home Affordable “HAMP” Program a Failure; Another Huge Wave […]

 

On The Edge with Max Keiser Episode 59 – 19 June 2010, Guest: Loren Howe on Slavery and Modern America

21 Jun

In this three part series Max interviews Loren Howe as they examine a new form of slavery sweeping the globe wherein banks have access to zero interest funds and everyone else has to stand in line to become their debtors: including governments… Loren Howe, author of The Real Story of Money, Health and Relition On […]

 

Loren Howe: The Real Story of Money from Financial Sense University

21 Jun

THE REAL STORY OF MONEY by Loren Howe February 19, 2007 �It is well enough that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.� – Henry Ford �our citizens, their property and their labor, (are) passive […]

 

How the Wall Street Pay Levels Really Impacted The Crisis: Yves Smith Points Out What NYTimes and Shiller STILL Get Wrong…

21 Jun

Getting a good perspective on what has really gone into this crisis is something Yves Smith does better than just about anyone else.  In this piece she pulls no punches and clarifies what it seems everyone else seems to keep blowing right by: the ‘reforms’ actually increased the risk and crated a bigger problem. Doing […]

 

Straight Up: NYTimes Reports on Predatory Debt Relief Firms

21 Jun

As more and more Americans, reeling from the triple whammies of the Sub-prime, easy money lending collapse, falling real estate prices and crashing markets topped by rising unemployment find themselves in trouble the businesses determined to make a fortune ‘helping’ them are coming out of the woodwork in a whole new way – The high […]

 

Bankers, Money and The Real Problem: Damon Vrabel on Max Keiser

21 Jun

Guest Post: The Real Problem from maxkeiser.com by Damon Vrabel All the market/finance news since 2008 isn’t just random criminal acts.  It’s not just scandal.  It’s not just greedy narcissists on Wall Street.  Those are all symptoms of the larger problem–that nations are caught in a monetary machine designed to takeover everything over the course […]

 

George Mantor Uncovers the Dirty Little Secret: What Do You Owe and To Whom [Do You Owe it] ???

20 Jun

This is an important article addressing the issue of standing on Foreclosures and how the lenders have been slamming families through foreclosure and do not even have a need to show their power to foreclose. So, here’s what CAN be done – and how in CA the 2924 California code is cited by judges as […]

 

Did Geithner “Solve” the Fannie and Freddie Mess? Nope… Looks Like The Bailout Could Go as High as 1 Trillion for Taxpayers.

20 Jun

Looks like Tim Geithner didn’t really mean it when he said therew as a plan… a solution… nay, that he was “on it”. On What? Making sure we spent another TRILLION giving banks extra profits on top of their short positions and reckless gambling windfalls paid out by AIG? Not looking good, not looking good […]