Saturday, May 29, 2010

Dollar at Death's Door

Dollar at Death's Door

Lindsey Williams says that has elite insider contacts to people who
run the world. Lindsey says that the elites plan to devalue the
dollar 30-50% in 2010...

... and then replace it with another currency in 2011. See link below...

http://www.youtube.com/watch?v=mqiBhWsykzo

The death of the dollar shouldn't surprise anyone. All baseless
currencies eventually die because they have no value other than the
paper they are printed on. And that a dollar collapse would be
controlled isn't surprising either, because a controlled collapse
allows for controlled profits to those printing ever more paper /
buying bankrupted assets for free.

The game is rigged. It always has been rigged. The dollar is being
set up for a massive collapse this year.

I have been on to this fact since early 2000s and now, 10 years later,
the collapse seems to be at the door.

What is bad news to holders of dollar-based financial instruments is
good news for holders of gold and silver. The time to trade devaluing
paper for booming precious metals is coming fast to a close soon.

The background on Lindsey Williams and how he got into the elite
circle of people who run the world is also a fascinating study, below
link is the first of 10 parts that walk through that if interested...
http://www.youtube.com/watch?v=tHMtHvODtoQ&feature=related

You don't have to have insider connections to the ruling elite of this
world to know that fiat currencies all devalue over time and
eventually die. We have ten thousand examples of currency crash in
world history, we don't have a single case where a fiat currency held
value over time. Not a single exception so why would anyone be
surprised?

I believe we are near to that mathematically sound prediction that the
US dollar currency will not last. The crossroads couldn't be clearer
regarding what steps are prudent to take at times like these.

Best wishes,
Tate Ulsaker

Friday, May 28, 2010

"I think silver is really at the nexus" - Stephen Leeb

The silver story will be told in the financial history books as something awesome to behold.  Like the tulip bubble, but more purposeful.  - Tate Ulsaker
 
=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-
 
 

Stephen Leeb - Bullish On Gold And Silver

 

I interviewed Stephen Leeb today, and when asked if the situation today was similar to the 70's, Stephen replied, "No, no I think this is much worse, honestly...You pick up the books that are readily available to the public and they'll tell you there are three asset classes, there is stocks, there are bonds and there is cash and you should be divided among those I don't think they mention commodities or gold as an asset class."

 

Leeb went on to say, "And yeah, I mean it's sort of ingrained in you that gold is something for, you know, right wing civil libertarians, and I spent most of my life with that kind of feeling. I mean I really did not like gold, and if I can just give you one statistic which is interesting... if you look at the last four decades...Gold started trading as a commodity, freely trading in I think 1971. If you look at its compounded annualized average annual return between when it started trading and today, it's about nine and a half percent per year. Well, that comes almost right in line with what the S&P 500 did, and it certainly beats cash, and it certainly beats bonds."

 

When asked about silver Leeb stated, "I think silver is really at the nexus of it being a precious metal and therefore something of a hedge against inflation and also being a vital metal."

 

The interview will be released on Saturday. Stephen discusses gold and silver at length and the fact that he expects another mania in the precious metals market and for gold to eclipse it's performance in the 70's.

 

Eric King

KingWorldNews.com

Wednesday, May 26, 2010

RE: My complaint against the CFTC was published

(yours, page 82.)  you do good work.  
 

Date: Wed, 26 May 2010 15:37:28 +1200
Subject: My complaint against the CFTC was published
From: infohive@gmail.com
To: directinfo.infohive@blogger.com

For the record - The CFTC actually published my complaint! about the silver manipulation.
 
 In the below text, I am listed as a complaintant to the CFTC, which is supposed to be the controlling authority on commodities trade in the US government but of course they are basically told what to do by their real owners, the ones who manipulate the market.  
 
To their credit, my complaint was published along with hundreds of others on the CFTC government website here --> http://www.cftc.gov/ucm/groups/public/@lrfederalregister/documents/frcomment/10-005c022.pdf.  
 
The big question of course: Will the evil market manipulators ever listen to a government organization that is basically owns?  Probably not.  But they will listen to a physical shortage and resulting market crash in paper silver.  Looking forward to that day.
 
Cheers, Tate
  Tate Ulsaker <arkbuilders_org@yahoo. com>
Tuesday, April 13, 2010 4:35 AM
Metals Hearing <metalshearing@CFTC.gov>
Position Limits on Precious Metals at COMEX
 
Dear Sir;

Thank you for asking for comments on the issue of position limits for
precious metals.
 
I am especially concerned about position limits in COMEX on silver held
by in concentrated hands of between 1 and 4 entities.
I believe that a fair level of contracts for any one entity to hold should
be no more than 1500 contracts because this amount is similiar to limits
placed on other commodities in terms of available market supply.
Please restrict any hedging exemptions from those limits to legitimate
hedgers.
 
Please stop the levels of concentration in COMEX silver futures by such
entities as JP Morgan and Goldman Sachs that have no reason to be
global giants of naked paper shorts other than to manipulate the market.
Please investigate and prosecute any illegal acts done by entities such as
JP Morgan and Goldman Sachs who have whistleblowers giving
us convincing proof of manipulation as if these companies have
been consistently acting above the law for many years already.
Please do you job for both the American people and all of the average
traders world-wide who wish to preserve the legitimacy and fairness of
the CFTC and COMEX.

 



The New Busy think 9 to 5 is a cute idea. Combine multiple calendars with Hotmail. Get busy.

Read Futurist Predictions

Most of these guys are respectful analysts of the fundamentals and futurists.
 
Please read them and consider how you might benefit from trends that some fear.  Don't fear the facts, but steer your future based upon them.  The only fear is if you ignore change.  Fear of change in our age is like death.  Embrace change.  Be change.  Act upon change.
 
Cheers, Tate
 
----------------------------
 
 
Predictions For The Rest Of 2010
5-25-10
 

Bob Chapman

First 6 months of 2010, Americans will continue to live in the 'unreality'the period between July and October is when the financial fireworks will begin. The Fed will act unilaterally for its own survival irrespective of any political implications (source is from insider at FED meetings). In the last quarter of the year we could even see Martial law, which is more likely for the first 6 months of 2011. The FDIC will collapse in September 2010. Commercial real estate is set to implode in 2010. Wall Streetbelieves there is a 100% chance of crash in bond market, especially municipals sometime during 2010. The dollar will be devalued by the end of 2010.

 

Gerald Celente

Terrorist attacks and the "Crash of 2010". 40% devaluation at first = the greatest depression, worse than the Great Depression.

 

George Ure

Markets up until mid-to-late-summer. Then "all hell breaks lose" from then on through the rest of the year.

 

Igor Panarin

In the summer of 1998, based on classified data about the state of the U.S. economy and society supplied to him by fellow FAPSI analysts, Panarin forecast the probable disintegration of the USA into six parts in 2010 (at the end of June ­ start of July 2010, as he specified on 10 December 2000

 

Neithercorps

Have projected that the third and final stage of the economic collapse will begin sometime in 2010. Barring some kind of financial miracle, or the complete dissolution of the Federal Reserve, a snowballing implosion should become visible by the end of this year. The behavior of the Fed, along with that of the IMF seems to suggest that they are preparing for a focused collapse, peaking within weeks or months instead of years, and the most certain fall of the dollar.

 

Webbots

July and onward things get very strange. Revolution. Dollar dead by November 2010.

 

George Ure

Markets up until mid-to-late-summer. Then "all hell breaks lose" from then on through the rest of the year.

 

LEAP 20/20

2010 Outlook from a group of 25 European Economists with a 90% accuracy rating- We anticipate a sudden intensification of the crisis in the second half of 2010, caused by a double effect of a catching up of events which were temporarily &laqno; frozen » in the second half of 2009 and the impossibility of maintaining the palliative remedies of past years. There is a perfect (economic) storm coming within the global financial markets and inevitable pressure on interest rates in the U.S. The injection of zero-cost money into the Western banking system has failed to restart the economy. Despite zero-cost money, the system has stalled. It is slowly rolling over into the next big down wave, which in Elliott Wave terminology will be Super Cycle Wave Three, or in common language, "THE BIG ONE, WHERE WE ALL GO OVER THE FALLS TOGETHER."

 

Joseph Meyer

Forecasts on the economy. He sees the real estate market continuing to decline, and advised people to invest in precious metals and commodities, as well as keeping cash at home in a safe place in case of bank closures. The stock market, after peaking in March or April (around 10,850), will fall all the way down to somewhere between 2450 and 4125 during the next leg down.

 

Harry Dent (investor)

A very likely second crash by late 2010. The coming depression (starts around the summer of 2010). Dent sees the stock market­currently benefiting from upward momentum and peppier economic activity­headed for a very brief and pleasant run that could lift the Dow to the 10,700-11,500 range from its current level of about 10.090. But then, he sees the market running into a stone wall, which will be followed by a nasty stock market decline (starting in early March to late April) that could drive down the Dow later this year to 3,000-5,000, with his best guess about 3,800.

 

Richard Russell (Market Expert)

(from 2/3/10) says the bear market rally is in the process of breaking up and panic is on the way. He sees a full correction of the entire rise from the 2002 low of 7,286 to the bull market high of 14,164.53 set on October 9, 2007. The halfway level of retracement was 10,725. The total retracement was to 6,547.05 on March 9, 2009. He now sees the Dow falling to 7,286 and if that level does not hold, "I see it sinking to its 1980-82 area low of Dow 1,000." The current action is the worst he has ever seen. (Bob Chapman says for Russell to make such a startling statement is unusual because he never cries wolf and is almost never wrong)

 

NiƱo Becerra (Professor of Economics)

Predicted in July 2007 that what was going to happen was that by mid 2010 there is going to be a crisis only comparable to the one in 1929. From October 2009 to May 2010 people will begin to see things are not working out the way the government thought. In May of 2010, the crisis starts with all its force and continues and strengthens throughout 2011. He accurately predicted the current recession and market crash to the month.

 

Lyndon Larouche

The crisis is accelerating and will become worse week by week until the whole system grinds into a collapse, likely sometime this year. And when it does, it will be the greatest collapse since the fall of the Roman Empire.

 

WALL STREET JOURNAL- (2/2010)

"You are witnessing a fundamental breakdown of the American dream, a systemic breakdown of our democracy and our capitalism, a breakdown driven by the blind insatiable greed of Wall Street: Dysfunctional government, insane markets, economy on the brink. Multiply that many times over and see a world in total disarray. Ignore it now, tomorrow will be too late."

 

Eric deCarbonnel

There is no precedence for the panic and chaos that will occur in 2010. The global food supply/demand picture has NEVER been so out of balance. The 2010 food crisis will rearrange economic, financial, and political order of the world, and those who aren't prepared will suffer terrible lossesAs the dollar loses most of its value, America 's savings will be wiped out. The US service economy will disintegrate as consumer spending in real terms (ie: gold or other stable currencies) drops like a rock, bringing unemployment to levels exceeding the great depression. Public health services/programs will be cut back, as individuals will have no savings/credit/income to pay for medical care. Value of most investments will be wiped out. The US debt markets will freeze again, this time permanently. There will be no buyers except at the most drastic of firesale prices, and inflation will wipe away value before credit markets have any chance at recovery. The panic in 2010 will see the majority of derivatives end up worthless. Since global derivatives markets operate on the assumption of the continued stable value of the dollar and short term US debt, using derivatives to bet against the dollar is NOT a good idea. The panic in 2010 will see the majority of derivatives end up worthless. The dollar's collapse will rob US consumers of all purchasing power, and any investment depend on US consumption will lose most of its value.

 

Alpha-Omega Report (Trends Forecast)

Going into 2010, the trends seemed to lead nowhere or towards oblivion. Geo-politically, the Middle East was and is trending towards some sort of military clash, most likely by mid-year, but perhaps soonerAt the moment, it seems 2010 is shaping up to be a year of absolute chaos. We see trends for war between Israel and her neighbors that will shake every facet of human activityIn the event of war, we see all other societal trends being thoroughly disruptedIran will most likely shut off the flow of oil from the Persian Gulf. This will have immense consequences for the world's economy. Oil prices will skyrocket into the stratosphere and become so expensive that world's economies will collapse..There are also trend indicators along economic lines that point to the potential for a total meltdown of the world's financial system with major crisis points developing with the change of each quarter of the year. 2010 could be a meltdown year for the world's economy, regardless of what goes on in the Middle East .

 

Robin Landry (Market Expert)

I believe we are headed to new market highs between 10780-11241 over the next few months. The most likely time frame for the top is the April-May area. Remember the evidence IMHO still says we are in a bear market rally with a major decline to follow once this rally ends.

 

John P. Hussman, Ph.D.

In my estimation, there is still close to an 80% probability (Bayes' Rule) that a second market plunge and economic downturn will unfold during 2010.

 

Robert Prechter

Founder of Elliott Wave International, implores retail investors stay away from the markets for now. Prechter, who was bullish near the lows in March 2009, now says the stock market "is in a topping area, "predicting another crash in 2010 that will bring stocks below the 2009 low. His word to the wise, "be patient, don't rush it" keep your money in cash and cash equivalents.

 

Richard Mogey

Current Research Director at the Foundation for the Study of Cycles- Because of a convergence of numerous cycles all at once, the stock market may go up for a little while, but will crash in 2010 and reach all-time lows late 2012. Mogey says that the 2008 crash was nothing compared to the coming crash. Gold may correct in 2009, but will go up in 2010 and peak in 2011. Silver will follow gold.

 

James Howard Kunstler (January 2010)

The economy as we've known it simply can't go on, which James Howard Kunstler has been saying all along. The shenanigans with stimulus and bailouts will just compound the central problem with debt. There's not much longer to go before the whole thing collapses and dies. Six Months to Live- The economy that is. Especially the part that consists of swapping paper certificates. That's the buzz I've gotten the first two weeks of 2010.

 

Peter Schiff (3/13/2010)

"In my opinion, the market is now perfectly positioned for a massive dollar sell-off. The fundamentals for the dollar in 2010 are so much worse than they were in 2008 that it is hard to imagine a reason for people to keep buying once a modicum of political and monetary stability can be restored in Europe . In fact, the euro has recently stabilized. My gut is that the dollar sell-off will be sharp and swift. Once the dollar decisively breaks below last year's lows, many of the traders who jumped ship in the recent rally will look to re-establish their positions. This will accelerate the dollar's descent and refocus everyone's attention back on the financial train-wreck unfolding in the United States . Any doubts about the future of the U.S. dollar should be laid to rest by today's announcement that San Francisco Federal Reserve President Janet Yellen has been nominated to be Vice Chair of the Fed's Board of Governors, and thereby a voter on the interest rate-setting, seven-member Open Markets Committee. Ms. Yellen has earned a reputation for being one of the biggest inflation doves among the Fed's top players." Schiff is famous for his accurate predictions of the economic events of 2008.

 

Lindsey Williams

Dollar devalued 30-50% by end of year. It will become very difficult for the average American to afford to buy even food. This was revealed to him through an Illuminati insider.

 

Unnamed Economist working for US Gov't (GLP)

What we have experienced the last two years is nothing to what we are going to experience this year. If you have a job nowyou may not have it in three to six months. (by August 2010). Stock market will fall = great depression. Foreign investors stop financing debt = collapse. 6.2 million are about to lose their unemployment.

 

Jimmy "Doomsday"

DOW will fall below 7,000 before mid summer 2010- Dollar will rise above 95 on the dollar index before mid summer 2010- Gold will bottom out below $800 before mid summer 2010- Silver will bottom out below $10 before mid summer 2010- CA debt implosion will start its major downturn by mid summer and hit crisis mode before Q4 2010- Dollar index will plunge below 65 between Q3 and Q4 2010- Commercial real estate will hit crisis mode in Q4 2010- Over 35 states will be bailed out by end of Q4 2010 by the US tax payer End of Q4 2010 gold will hit $1,600 and silver jump to $35 an oz.

 

 

Posted by giveusliberty1776  

My complaint against the CFTC was published

For the record - The CFTC actually published my complaint! about the silver manipulation.
 
 In the below text, I am listed as a complaintant to the CFTC, which is supposed to be the controlling authority on commodities trade in the US government but of course they are basically told what to do by their real owners, the ones who manipulate the market.  
 
To their credit, my complaint was published along with hundreds of others on the CFTC government website here --> http://www.cftc.gov/ucm/groups/public/@lrfederalregister/documents/frcomment/10-005c022.pdf.  
 
The big question of course: Will the evil market manipulators ever listen to a government organization that is basically owns?  Probably not.  But they will listen to a physical shortage and resulting market crash in paper silver.  Looking forward to that day.
 
Cheers, Tate
 

Tate Ulsaker <arkbuilders_org@yahoo. com>

Tuesday, April 13, 2010 4:35 AM

Metals Hearing <metalshearing@CFTC.gov>

Position Limits on Precious Metals at COMEX

 

Dear Sir;

Thank you for asking for comments on the issue of position limits for

precious metals.

 

I am especially concerned about position limits in COMEX on silver held

by in concentrated hands of between 1 and 4 entities.

I believe that a fair level of contracts for any one entity to hold should

be no more than 1500 contracts because this amount is similiar to limits

placed on other commodities in terms of available market supply.

Please restrict any hedging exemptions from those limits to legitimate

hedgers.

 

Please stop the levels of concentration in COMEX silver futures by such

entities as JP Morgan and Goldman Sachs that have no reason to be

global giants of naked paper shorts other than to manipulate the market.

Please investigate and prosecute any illegal acts done by entities such as

JP Morgan and Goldman Sachs who have whistleblowers giving

us convincing proof of manipulation as if these companies have

been consistently acting above the law for many years already.

Please do you job for both the American people and all of the average

traders world-wide who wish to preserve the legitimacy and fairness of

the CFTC and COMEX.

 

Trend Watch - Wealthy Getting Out of Currency

Wealthy getting out of fiat currency - very predictable! 
 
Fiat currency is at the tipping point.  Now that lending has been peaked because debt saturation is maximized beyond anything ever seen in human history spanning all the way back as far as one can go, it is time for the next great play.  What can the bankers do now except transfer wealth over to themselves by inflating the money supply to pay off nominal digits on their balance sheets?  It is a simple game really.  Imagine if you could print unlimited amounts of paper that others considered to be "money".  Why would you worry about debt?  Just keep printing additional money and keep buying up real assets.  Those who can't repay you will have to forfeit their collateralized assets to you.  No risk, high reward, devaluation of currency, transfer of wealth.  This is the new game for moving past the post-peak of debt saturation.  After that game is played, then there is another game that comes into play historically, and that is war.  Yup, after the wealth is consolidated into the hands of the few then there is only one easy way to distract and work the masses for nearly nothing.  You need a big enemy abroad and a widespread all consuming war, as patriotic as possible, with weapons sales to both sides.  That will last about 4-years or so historically. And then after all the death and destruction has played out, the new game starts all over again with newly printed currency, perhaps even a new constitution and a renewed appeal for rebuilding.  The same people behind the currency printing press remain in control.  New presidents come in like frontmen selling the story they are told to sell.  We get to vote for either side of the false paradigm "left" or "right", both boots of the same banking con game. 
 
Can we break free from the above predictable cycle?  Yes we can.  If we refuse to participate in their money system, we rob them of their ability to rob us.  And we keep power at the local level more while also preventing power from being consolidated.  Simple really.  Wish I thought of it but actually, this has always been common knowledge.  The founding fathers of the US were all into this stuff. 
 
- Tate Ulsaker
 
(below ripped from Eric King's site...
=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-
 
 

Richard Russell - Wealthy Getting Out of Fiat Money II

 
 

Eric King: Here is a sneak peak from the most recent issue of Richard Russell's Dow Theory Letters, dated May 26th: "Yet in the background big money, wealthy investors, are seriously worried.  In their hearts, they don't trust fiat currency."  Richard Russell is the Godfather of the newsletter business, and recently he has been chronicling the fact that the wealthy are shaken. Their confidence in fiat moeny and other paper assets is disappearing.

 
 

Russell goes on to say about the wealthy:

 

"They are familiar with the history of fiat currency, and they know that no fiat currency has ever survived for long.  Therefore, these people  are buying items of intrinsic value — gold, silver, platinum, gems, top quality art, rubies, jade, beach property, collectables."

 

Russell is also noting massive demand for gold:

 

"Germany's greatest fear is inflation, as per the 1920s.  Headline in the May 16 Financial Times — "GERMANS LEAD GOLD RUSH FRENZY.  We have some extraordinary sales to German customers," says Deborah Thomson, the Rand treasurer.  "The refinery which usually sells 2,000 coins to each customer at a time, said that last week it received an order from a German bank for 30,000 coins.  Another banks requested 15,000 coins."

 

Regarding auctions, Russell writes:

 

"Yet diamond prices have been surging.  Wanted art objects and paintings have been setting record prices."

 

This is exactly the type of action one would expect to see during phase II of a secular bull market in gold. Always ignore the noise, the day to day and week to week action and keep your eye on the big picture, the big trend. Follow the big money. The big money wants hard assets such as gold.

 

Very few human beings can stay invested for the entire duration of a secular bull market; they simply don't have the stomach for it. Don't lose your position and fail to stay invested because of the frailty of your emotions.

 

Eric King

King World News

 

For more Richard Rusell go to Dow Theory Letters or CLICK HERE.

Tuesday, May 18, 2010


Gold today is one of the biggest dummy-proof investments in human history.
How in the world can gold stay anywhere near current levels?
And how in the world can the dollar or the Euro remain anywhere near current purchasing power?
Folks, today we have the biggest dummy-proof investment vehicle in world history right before our eyes because the biggest fraud in human history is taking place with these banker bailouts.  Whole countries are being bailed out of their short term debt problems with the addition of much more longer term debt that will only add heaps of additional problems onto existing problems down the road.
The factors pointing towards a gold boom are staggering.  Likewise, the factors pointing towards currency devaluation are staggering.  There are no contrary indicators that have a prayer of mitigating these diverging trends.
Hello gold boom.  Goodbye dollar.
- Tate Ulsaker
 ===========================
Eric King: Rob McEwen was being interviewed on CNBC this morning and was discussing the timetable for his $5,000 price target on gold. What has been interesting is the amount of coverage gold has been getting on CNBC lately. This coverage, by and large, has encouraged investors to sell, and this is gold friendly.
Getting back to Rob's interview he commented, "We have declining production, and we have massive amounts of monetary stimulation that will debase the currencies around the world."
He was asked why he was so convinced that gold would continue to run when guests on CBNC were saying to take profits, and Rob replied, "We really haven't seen the effects of the massive stimulative policies that are in place right now, and it's going to get worse."
When asked about his $5,000 target price Rob stated, "That's probably 2012 to 2014."
Rob is a veteran of markets and knows this bull market is secular in nature and will ultimately reach its full maturity at much higher price levels.
To hear a more in depth interview with Rob McEwen recently on King World News CLICK HERE.
To see the CNBC interview CLICK HERE.

Our Debt-based fiat currency system was doomed from the start, a mathematical guarantee.  How can you depend upon a monetary system that requires by the very nature of its structure a increase in debts perpetually, along with continually expanding money supply and inflation?  You can’t.  Our debt-based money system is a ponzi-scheme by design.  It is a wealth transferring mechanism.  The principle is printed and the interest is not.   How can such a system exist without continually transferring hard assets away from the savers and earners and towards the printers until everyone is in debt to their eyeballs and the system crashes?  That is exactly what the system was designed to do – profitable crash machine.  A transfer of wealth machine.  There is no other argument so sound as this: no fiat currency ever survived among tens of thousands of examples worldwide throughout history.  Every single one of them collapsed to zero value over time without any exception.  What began in 1913 is ending now and very profitably so for those who do nothing but print and manage debt paper.  Look at them, sitting on multi-billions and they didn’t produce a single economic good.  Those who took debt lost assets.  Those who printed took assets.  End of story. 



When will we stop participating in our own slavery?



– Tate Ulsaker



=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-








Eric King: This comment from Ron Paul, from his CNBC interview, sums up the situation we are in perfectly: “The system that replaced Bretton Woods was a non-viable system...So this is the unwinding of a system.”  This statement is short, simple and completely accurate.


Congressman Paul also stated, “We gained the power to issue the reserve currency of the world...We literally created the system.  It spread and it’s still trusted. The Dollar is trusted, and people still buy treasury bills, but all of that will come to an end.”

Ron Paul also commented, “We have not allowed for the liquidation of debt.  We have not allowed the elimination of the malinvestment.  It’s still in the system.”

Stop looking at the daily fluctuations in the price of gold; they are completely meaningless. Keep your eye on the big picture, and that is the secular structure of this bull market in gold.  Do not give up your “core” position in gold.  Learn to look at significant corrections in the gold market as opportunities to accumulate.

Change your mental mindset, and learn to think like a professional.  That is how you make the big money. This way, when big corrections happen in the gold market, you will view them as fire sales and learn to buy when everyone else is afraid.

Michael Nystrom constantly updates information regarding Ron Paul and a variety of other topics at his site DailyPaul.com and his was the first site to have this out on a blog today.

For more great DailyPaul info CLICK HERE.

During times of chaos, crash and theft, telling the truth is apparently a revolutionary act requiring a Homeland Security and “anti-terror” measures.



Cheers, Tate



======================


Australian Wikileak founder's passport confiscated

TOM ARUP

May 17, 2010





Australian-born Julian Assange

Julian Assange, the Australian founder of the whistleblower website Wikileaks, says he had his passport taken away from him at Melbourne Airport and was later told by customs officials that it was about to be cancelled.

Last year Wikileaks published a confidential Australian blacklist of websites to be banned under the government's proposed internet filter.

The Age has been told that Assange's passport is classified ''normal'' on the immigration database, meaning the Wikileaks director can travel freely on it.
Advertisement: Story continues below

Assange told The Age his passport was taken from him by customs officials at Melbourne Airport when he entered the country last week after he was told ''it was looking worn''.

When the passport was returned to him after about 15 minutes, he says he was told by authorities that it was going to be or was cancelled.

Passports are routinely taken from travellers for short periods by immigration officials if they are damaged.

Wikileaks has risen to prominence for posting leaked footage of US forces laughing at the dead bodies of 12 people they had just killed in Iraq in 2007.

It was in the Australian spotlight last year after publishing a confidential blacklist of websites that forms the basis of the government's proposed internet filter.

The list as published by Wikileaks then blocked links to YouTube clips, sites on euthanasia, fringe religions, and traditional pornography - as well as the websites of a tour operator and a dentist.

-----------snip-------------
…  Ha ha J

More here .-->       http://www.theage.com.au/technology/technology-news/australian-wikileak-founders-passport-confiscated-20100516-v6dw.html




Monday, May 17, 2010

GMO's - The Biggest Crime in Human History?

GMO's -  The Biggest Crime in Human History?
 
  • Question - What is GMO all about?
  • Answer - It is about ownership of a genetic organism.
  • Question - How does "ownership" come about?
  • Answer - By manipulating a gene or sequence of genes in a uniform and predictable way (read: Patentable).
  • Question - Why "Own" a gene structure?
  • Answer - So that nobody can use it except for the owners.
  • Question - How do the owners benefit from that?
  • Answer - When all seeds and all organisms are are owned, then nobody eats without paying fees to the owners.
Is that it?
 
Are the corporations of the world engineering biohazards into the atmosphere so that they can control the world's food supply?
 
Yup.
 
Watch this sentence from the below article - "the trees in the trial have also been engineered to produce no pollen."
 
And watch how only the GMO growers will be given various licenses.  All paid for by lobbyists with money to law makers and media targeting the dumbed down masses on how good all of this is for us.
 
This is the way of the criminal, globalist, elitists who run government structures from behind the scenes.
 
We have the 1% owning everything and then we have the 99% constantly paying tribute to the 1%. 
 
This is a Sociopath's dream of ancient Egypt's rebirth, symbolized by the god-Pharaohs representing the 1% at the top of the pyramid structures and the 99% doing various tasks related to slavery control or slave work itself.
 
Do you want to be the 1%?  Or do you want to be the 99%?  I don't want either role.  I want to be outside that paradigm all together, how about you?
 
How we can beat them?
 
Simple - To the degree possible, scale back your use of their fiat currency ponzi scheme paper and their GMO polluted bio weaponized factory foods system and their tax regime structures, etc... Just stay away from all macro structures to the degree possible and support the locally based structures.  Hold precious metals as a storage of wealth, or better yet, buy commodity producing land for local market distribution, etc....  If we refuse to participate in their ponzi scheme systems, then we will avoid being their victims.
 
Please watch how they position GMOs in such a way as to own all living resources.  Once you see this, you will never favor any part of the pro-GMO debate.  Natural selection is more... natural.
 
Cheers, Tate
 
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U.S. Clears a Test of Bioengineered Trees

Federal regulators gave clearance Wednesday for a large and controversial field test of genetically engineered trees planned for seven states stretching from Florida to Texas.

A blog about energy, the environment and the bottom line.

The test is meant to see if the trees, eucalyptuses with a foreign gene meant to help them withstand cold weather, can become a new source of wood for pulp and paper, and for biofuels, in the Southern timber belt. Eucalyptus trees generally cannot now be grown north of Florida because of occasional freezing spells.

The Agriculture Department, in an environmental assessment issued Wednesday, said no environmental problems would be caused by the field trial, which could involve more than 200,000 genetically modified eucalyptus trees on 28 sites covering about 300 acres.

The permit would be issued to ArborGen, a biotechnology company owned by three big forest products companies: International Paper and MeadWestvaco of the United States, and Rubicon of New Zealand.

The Agriculture Department would have to grant separate approval for the trees to be grown commercially, clearance that ArborGen is already seeking.

Although two genetically engineered fruit trees — virus-resistant papaya and plum trees — are already approved for commercial planting in the United States, no forest trees have yet received that clearance in this country.

Genetically engineered trees have the potential to arouse even more controversy than genetically modified crops like corn or soybeans, which are made using the same techniques. That is partly because many people have an emotional attachment to forests that they do not have to cornfields.

Moreover, because trees live longer than annual crops and generally can spread their pollen farther, there are concerns that any unintended environmental effects may spread and persist longer in a woodland environment than in crop fields.

The Agriculture Department said Wednesday that it had received comments opposing the field trial from 12,462 people or organizations, compared with only 45 supporters of the trial. But a vast majority of the opposing comments were nearly identical form letters, it said.

Critics say that the eucalyptus trees, even without foreign genes, may become invasive. They also said the trees were heavy users of water, could spread fires faster and could harbor a fungus that sickens people.

"They've been a disaster everywhere they've been planted," said Anne Petermann, coordinator of a coalition called the Stop GE Trees Campaign.

The Sierra Club, in a comment submitted in February, wrote, "ArborGen's plans to grow 260,000 artificially developed, highly experimental, alien, genetically engineered cloned trees in extensive field trials raises many troubling ecological questions about the short-term and long-term environmental impacts and risks that these trees pose in the United States."

The Agriculture Department said it had found those possibilities to be unlikely.

"The species of eucalyptus in this permit has difficulty establishing without human intervention, even in warmer climates," the department said in its initial environmental assessment, dismissing concerns that the genetically engineered trees would spread like a weed. It said other impacts would be limited because each experimental plot would be no larger than 20 acres and isolated from the others.

ArborGen, based in Summerville, S.C., had previously received permission to grow the trees on the 28 sites. But on only two of those sites, covering 7.6 acres, had it received permission to let the trees flower.

The new permit would allow more trees to be planted at the 28 sites and to allow flowering on 27 of the sites. While flowering would normally mean the possibility of reproduction, the trees in the trial have also been engineered to produce no pollen.

ArborGen argues that because they grow so fast, eucalyptus trees would minimize the amount of forest land needed for commercial plantations.

"You are able to produce more wood off fewer acres of land," Barbara Wells, the company's president, said in an interview. "It's very positive from that standpoint."

Saturday, May 15, 2010

Mirror mirror on the wall, who is the most evil of all?

Is there any darker and more evil than the Federal Reserve System?

The common saying "Money doesn't grow in trees" is true. However, even more unbelievable is the fact that our "money" is simply printed into existence as debt payable to the printers. You eithe...r pay their banks or you lose your ass(ets). They risk nothing, you lose your house. Capiche?

It gets worse. The printers are a cabal group of criminal families that have been doing this for generations. In the US this privately owned printing press is called The Federal Reserve System. Nothing "Federal" about it and no reserves either. Just a legal tender law and a printing press and hundreds of trillions of dollars in profit over the last 100-years.

This fact was documented and undisputed many times throughout the years.

Fact - Two presidents in US history tried to print truly government money. They are Abraham Lincoln and JFK. Both were killed by a lone gunman who was then killed immediately afterwards and no trial or investigation was required because the "only one responsible" was gone. I don't know how deep the rabbit hole goes but the case for privately owned debt money is one that is so obviously wrong. We see what these guys are doing to us and so why should we allow them to force us to use their toilet paper?

Attaching the 2 Top reviews from Amazon.com on perhaps the greatest book ever written on the Federal Reserve system.  
 
Cheers, Tate
 



Product Description


Where does money come from? Where does it go? Who makes it? The money magicians' secrets are unveiled. We get a close look at their mirrors and smoke machines, their pulleys, cogs, and wheels that create the grand illusion called money. A dry and boring subject? Just wait! You'll be hooked in five minutes. Reads like a detective story Ƃ— which it really is. But it's all true. This book is about the most blatant scam of all history. It's all here: the cause of wars, boom-bust cycles, inflation, depression, prosperity. Creature from Jekyll Island will change the way you view the world, politics, and money. Your world view will definitely change. You'll never trust a politician again Ƃ— or a banker.

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(TOP 50 REVIEWER) (REAL NAME) (VINE VOICE)



This review is from: The Creature from Jekyll Island : A Second Look at the Federal Reserve (Paperback)

G. Edward Griffin is to be commended for this splendid work. At first glance The Creature from Jekyll Island is a huge book. While this may be daunting to some, once the book is actually started, it flows smoothly and reads quickly. There are so many fascinating tidbits of information here that the reader won't even be concerned about the size of the book. The title refers to the formation of the Federal Reserve System, which occurred at a secret meeting at Jekyll Island, Georgia in 1910. It was at this meeting, as Griffin relates, that the "Money Trust", composed of the richest and most powerful bankers in the world, along with a U.S. Senator, wrote the proposal to launch the Federal Reserve System (which Griffin calls a banking cartel) to control the financial system so that the bankers will always come out on top.

While Griffin starts with this event, he quickly moves into the present day to detail several financial crises that resulted in a quick government intervention at the behest of the bankers from the Fed, who told all who would listen that if the government (read: taxpayers) didn't bail out the banks that had made bad loans, it could cause the entire system to collapse. Massive loan defaults; bank runs, and a major economic depression would manifest this collapse. Griffin shows how time and time again the taxpayer is bilked so that bankers can make billions in profits off of these financial scares. Griffin also shows how the supposed safeguards against these woes, such as the FSLIC, are scams to reassure the average person that their banks are safe. In actuality, these insurances against bank closures are so inadequate that there isn't enough money to even come close to paying off investors in case of a collapse.

The biggest problem in modern banking, according to Griffin, is and has always been the creation of fiat money. Fiat money is money that is "declared" money by the government. It is not backed by anything but promises and deceit. All societies were sound financially when they used gold or silver to back their currency. When the bankers finally get their way and install fiat money, the result is inflation and boom and bust cycles. Griffin gives numerous examples of this, such as repeated failures by American colonies and European states in using fiat money. The purpose of fiat money is so that the government can spend more then they take in through taxes.

Without writing reams on this book, it is sufficient to say that this is a must read for anyone who is interested in learning how the money system operates. Griffin gives comprehensive accounts of how the Fed creates money, and how this affects everyday life. I would have to say these sections are better than Murray Rothbard's book, The Case Against the Fed, because Griffin gives himself more room for explanation.

Griffin does believe in the conspiratorial view of history, and he believes that the bankers are working in concert with such groups as the Council on Foreign Relations and the Trilateral Commission to bring about a socialist-world system in which an elite composed of intellectuals and bankers will rule over the entire planet. Griffin even spends a chapter outlining how this system could come about, and the consequent results of this socialist system. These chapters are a bit unsettling, but even if you aren't interested in this worldview, you can still learn much about the economy from this book. Recommended

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218 of 229 people found the following review helpful:

5.0 out of 5 stars An Evil Of MONSTROUS Proportions!, May 5, 2006

By STEPHEN T. McCARTHY (a Mensa-donkey in Phoenix, Airheadzona.) - See all my reviews


This review is from: The Creature from Jekyll Island (Hardcover)


What is The Creature From Jekyll Island? Well, first of all, it's uglier than The Creature from the Black Lagoon; it's more densely wrapped in deception than the Mummy is in cloth; it sucks the lifeblood of America more ravenously than Dracula does his victims; it reeks worse than the Werewolf; and it's stronger and more dangerous than Doctor Frankenstein's miscreation!

The Creature from Jekyll Island is the PRIVATE Federal Reserve that holds America and Her People hostage with an astoundingly perverse and "criminal" economic system that is an evil beyond your worst monster-infested nightmare. But the Creature comes in a guise to mislead the people, like a Wolfman in sheep's clothing.

Why is the system "criminal"? Because the U.S. Constitution proclaims itself to be the "supreme Law of the Land" (see Article VI), and Article I, Section VIII of the Constitution states that "The Congress shall (Constitutionally speaking, "shall" has been legally defined as "must")...coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures." Why Congress? Because it is answerable to the People it represents! Remember, our Constitutional Republic was meant to be representational government! We're a long way from that now! The Federal Reserve is NOT Congress; it is unelected, meaning nonrepresentational, and being therefore unconstitutional, it is illegal, hence "criminal."

I first read G. Edwrd Griffin's magnificent study, 'The Creature From Jekyll Island' eight years ago. I had read plenty of political books prior to this one, and countless since, but Mr. Griffin's tour de force has yet to be equaled when it comes to educating the reader in wide-ranging topics that coalesce most of the geopolitical mysteries of our time into the diabolical scheme known as the Federal Reserve System.

Don't make the mistake of letting the sophisticated subject matter drive you away as forcefully as the intriguing title beckons you. Despite the complexity of the topic, G. Edward Griffin masterfully organizes the material and lays it out, not only in a very readable manner, but he actually fashions a carefully researched, extensively footnoted nonfiction tome into a spellbinding journey that reads nearly like a page-turning mystery novel.

In the process of explaining and demystifying the history, the stated goals of the Federal Reserve, and the real agenda behind it, Mr. Griffin necessarily enlightens the reader about myriad conspirators who occupy positions in a variety of social engineering organizations. Without this understanding, one could not possibly grasp the full scope of the problem, nor fathom how such a demonstrably evil entity could have remained cloaked and in power since 1913. (Indeed the thirteenth year of the Twentieth Century represented an unlucky number for America and eventually the world.)

You will find some reviewers here complaining that Mr. Griffin has unfortunately polluted his 600+ page study with John Birch Society style conspiracy theories. What you WON'T find is where any of those same reviewers have proven any errors in fact committed by Mr. Griffin. They challenge the idea of a conspiracy, but not any of the abundant and overt evidence that clearly points to it. I myself don't like little yapping dogs, but I'm not prepared to say that they don't exist simply because I'd prefer not to even think about them. And I can hear those yapping quadrupeds as clearly as I can see the indisputable evidence of underhanded collusion in high and influential places when it comes to this country's monetary system.

"You are a den of vipers!" President Andrew Jackson thundered at a delegation of supporters of the central Bank of the United States in 1834. "I intend to rout you out, and by the Eternal God I will rout you out!" Jackson succeeded in ridding this country of the inherent perniciousness that a central bank levels on a nation. But President Jackson's hard-earned victory for his countrymen was sadly overturned in 1913, when a corrupt privately owned central bank was again foisted on the sleeping people of this once free nation in the form of The Federal Reserve cartel. As Griffin states on page 573, "The Federal Reserve is the world's largest and most successful scam."

I will tell you plainly that regardless of what you think you know about the political spectrum, Democrats and Republicans, liberals and conservatives, civil rights and corporate greed, socialism and capitalism -- regardless of how well informed you may think you are by reading mainstream news magazines and newspapers, listening to NPR and talk radio programs and watching political debates on nightly news TV shows -- until you have read and digested G. Edward Griffin's, 'THE CREATURE FROM JEKYLL ISLAND', you will never really understand contemporary American and global politics. But afterwards, the political puzzle will come together before your eyes, and never again will you follow the red herring into the brainwashing house of mirrors which is our current political milieu.

If you're inclined to read only one political book, be sure it's this one, as it will make sense of your world like nothing else. 'THE CREATURE FROM JEKYLL ISLAND' belongs in the personal library of every American who truly cares about his or her country (regardless of political party affiliation); by rousing the people of this nation from the ignorance of deep sleep, it has the potential to be the silver bullet or the stake through the heart of America's worst monster! Read it now or the Wolfman's gonna getcha!

Other reviews here -->

Friday, May 14, 2010

Explosive Gold Catalyst II:

Gold is is set to boom.  Paper money is doomed to fail.  All of this is becoming obvious to the average person.  Debt-based problems won't be fixed with debt-based, false, profitable to insiders, devestating to everyone else "solutions".  The coming age of precious metals boom and devaluing global currencies is as predictable as the sunrise because among tens of thousands of examples of fiat currencies world-wide, they all eventually realize a zero value 100% of the time without any single exception.  Clarity amidst uncertainty is nice.  Many opportunities exist for those who understand generally what is going on here.  It is not rocket science to figure out what the future holds for paper money.  Cheers, Tate
 
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This is a co-authored piece with Jim Rickards, Senior Managing Director for Market Intelligence and Board of Director at Omnis.

Eric King:

As gold continues to hit new highs, it is simply demonstrating a loss of confidence in paper and cementing its place as the supreme global currency. Various news organizations are trying to explain why gold is moving higher with a plethora of reasons, but in reality, the answer is simple: Gold is in a bull market.

I wrote about the joint IMF/SNB High-Level Conference which just took place in Switzerland in my piece on the 4th of May. That piece was entitled: Explosive Gold Catalyst. The meeting was scheduled for the 11th of May, and coincidentally, gold happened to break to new all-time highs on that day. In the concluding remarks, Dominique Strauss-Kahn, Managing Director of the International Monetary Fund, made the following statement: "Finally, in principle, a new global currency issued by a global central bank with robust governance and institutional features could provide a nominal anchor and risk-free asset for the system independent of national currencies. This global central bank could also serve as a lender of last resort."

This is all part of a move towards global governance, but in order to achieve that goal, you can bet there will be more instability and currency crises to get everyone on board. Dominique somberly admitted, "I fear we are still very far from that level of global collaboration."  Don't worry Dominique, because the very nature of secular bull markets, in this case a secular bull market in gold, guarantees a continued acceleration with the loss of confidence in fiat currencies which is surely still in front of us. 

One thing is certain: All of this points to a coming mania in the price of gold and gold shares. 

 

Jim Rickards:

 

The Euro-bailout and guarantee fund will fail.  There are several reasons for this.  The initial problem is that governments have borrowed too much and the debt burdens are non-sustainable.  How can you solve a debt problem with more debt? All that the program does is to substitute EU debt for the debt of Greece, Portugal, Spain and others.  You are replacing national debt with multilateral debt but it's all still debt.  And so-called money creation by the ECB is just another form of debt because Euros issued by the ECB are simply paper liabilities of the ECB itself, so-called "notes" so even the money is just debt.  Any possible repayment of the debt involves deep austerity, spending cuts, layoffs, higher taxes, reduced benefits and other actions which will definitely cause a depression in Europe and perhaps 25% unemployment throughout the Euro-zone.  

The alternative is to print money which will lead to hyperinflation and the collapse of the Euro. So there are no good outcomes.  The G20 and the IMF will try to reliquify the system and create new money through the issuance of SDR's.  At the same time, people will try to protect their wealth by buying gold.  So as paper currencies collapse, the money system will become a foot race between SDR's and gold.  Large hedge funds are completely unimpressed with the umbrella for the reasons noted above.  They are shorting the Euro and buying gold.  

There is one other flaw in the EU plan.  In 1992, when George Soros attacked the Bank of England, he did so by selling Sterling and buying dollars.  This forced the Bank of England to do the opposite which was to buy Sterling and sell dollars.  Since the Bank of England had a finite amount of dollars to sell, Soros knew he could beat them by buying more than they had.  However, he needed real money to do this and he was perhaps the only speculator in the world at that time with that much money.  Today you do not need money to destroy national finances, you can do this by the creation of synthetic short positions in Euros through the use of credit default swaps (CDS) and other derivative instruments.  Goldman Sachs are experts at this.  And they can create CDS in potentially infinite amounts since there is no regulation and no margin requirements.  In effect, Goldman could create a short position equal to ten times the amount of Euros in the guarantee fund.  Goldman can create synthetic short positions faster than the ECB can print money.  Therefore, the ECB's plan is doomed to fail because they cannot beat the speculators who can use CDS instead of real money.

James G. Rickards is a director of Omnis, Inc. and former general counsel of Long-Term Capital Management. Follow him at twitter.com/JamesGRickards.
 

To hear Jim Rickards interviewed on King World News today CLICK HERE.

 

To read part one Explosive Gold Catalyst CLICK HERE.

Thursday, May 13, 2010

Debt money is confetti / Gold is money

Greg Hunter's blog warns us of the inevitable hyper-inflation to come as a natural consequence of printing all of this debt from thin air as confetti to the bailout party.  Hangover dead ahead! -article here --> http://usawatchdog.com/gold-is-money/ -  Cheers, Tate
 
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Gold Is Money

12 May 2010 6 Comments

By Greg Hunter

USAWatchdog.com 

The Western financial world is officially in full panic mode.  A nearly $1 trillion bailout of Greece confirms that fact.  Our very own Federal Reserve is providing billions to the effort, but this is much more than a bailout for Greece.  It is a bailout for banks holding Greek debt and the debt of other European nations teetering on default. 

 This bailout is not a fix or a cure for too much debt.  People on both sides of the pond are simply spending more than they earn.  The "fix" is a long painful road of consuming less and saving more, but that is not what this bailout represents.  What the leaders of the Western World chose was the short painless path of money printing.  You have to ask yourself where did they come up with nearly a trillion dollars in such a short amount of time?   

If real assets were used for this bailout, it would not be done.   Think about this for a minute.  Let's say for the American part of this rescue we had to put up half of New York State for collateral.  Does the thought of that much prime land frittered away make you squeamish?  How about putting up 500 million barrels of oil out of the Strategic Petroleum Reserve?  Too valuable you say?  Then maybe a couple thousand tons of gold out of Fort Knox would be okay to use, after all, it's just sitting there (I hope).   Doesn't this sound absurd?  It sure does because these are real assets and printed money is not.   This is why the U.S. Fed is using dollars created out of thin air to help bail out its banking buddies in Europe.  It is the easy way out, at least at the beginning.   

In the end, this kind of reckless desperation will cause every dollar you spend and save to be worth less.  If the Fed prints too many dollars, then they'll be just plain worthless.  What do you suppose will happen when California, Illinois, Florida or any one of more than a couple of dozen U.S. states all gets into the same trouble as Greece?  Do you think the Fed will let them fail or print more money and bail them out too?  I'm going with a giant money printing bonanza right here in America.  I covered some of this in a February post called "America Has Its Own PIGS."

Gold buyers see what's coming, and prices are being bid up.  Gold set a new all time high this week.  Why?  Money, or the buying power of money, is systematically being destroyed by current and coming bailouts.   The new money is gold and Congressman Ron Paul agrees.  He said earlier this week, "Gold, all of a sudden, started acting differently.  It started acting as a currency rather than just reacting to the value of the dollar or other commodities . . . Gold has been money for 6 thousand years and it's going to remain that way, and it will rule the roost . . . It's telling us that the dollar is actually very weak . . . when you measure it against gold."  Silver is also rising in price.  When gold rockets high enough in price, then silver will also be considered money.   

This so called bailout will just extend the game.  The question is for how long?  To be frank, I do not know how this will finally shake out.  The two things you can count on for sure:  there will be some very big inflation–and gold is money.

Trillion Dollar Band-Aid

Trillion Dollar Band-Aid.  But no principle was paid on any net debts in US or Europe.  Only more debts were added to the existing ones.  So now we will see a  bigger problem down the road with less means to deal with it.  Meanwhile, the bankers continue making off like bandits at the expense of everyone else.  The biggest crime in the history of the world is being done by those at the control of money supply.  This won't end well for the masses short term.  Long term, the bankers might beware of getting caught too close to any lamp posts.  - Tate Ulsaker

PS.  Thanks to DG for the below news flash




Breaking News
Monday, May 11th, 2010

Stocks: Best Day in 13 Months
MarketWatch - U.S. stocks made their biggest
one-day gain in 13 months Monday, re-establishing
gains for the year, after an agreement on a nearly
$1 trillion rescue plan to stabilize Europe lured
investors back to a badly shaken market.
Click here to read full story...


Panic's over. But for how long?
CNNMoney - The stock market is doing its best
Timex impersonation. It took a licking last week
but it keeps on ticking.

Thanks to a brutal four-day sell-off, the Dow, S&P
500 and Nasdaq all gave up their gains for 2010.
But investors were giddily bidding up stocks again
Monday on the news of a $1 trillion bailout
package for Europe.
Click here to read full story...

SEC: Exchanges Agree to Coordinate New Rules
The major securities exchanges put aside some of
their differences Monday and agreed to coordinate
trading rules to prevent stock plunges like last
week's historic dive.
Click here to read full story...

 

 

EU's Trillion Dollar Band-Aid
Reuters - Steps announced by European Union
finance ministers and the European Central Bank on
Monday are by far their strongest effort to avert
a regional debt crisis, and look likely to succeed
in calming markets in the short term.
Click here to read full story...


Roubini: Bust Up the Banks
The president's half-measures won't fix our failed
financial system. Here's what will.

In early January, Ben Bernanke defended the Fed's
handling of the recent financial crisis. The
lesson he drew was simple: better regulation could
have prevented it.
Click here to read full story...

 

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