Enough With The Government Cover-Ups

Edward Harrison, 01.12.10, 04:20 PM EST What really happened to AIG and other bankrupt firms. It has come to light recently that American International Group withheld important information about its dealings with financial counterparties in the lead-up to its collapse and bailout by the Federal Reserve. What is most troubling about this episode is that [...]

Game Over for the American Middle Class – MYBUDGET360

JAN-28-2010 – Game Over for the American Middle Class – Inflation Adjusted Wages up 20 Percent in Last 20 Years While Housing Costs are up 56 Percent and Healthcare Costs are up 155 Percent. The struggle for average Americans to keep up is largely becoming an act of will power and force in this current grand [...]

Is The U.S. Economy Being Tanked By Mistake or By Intent? by Bill Sardi

Is The U.S. Economy Being Tanked By Mistake or By Intent? by Bill Sardi Recently by Bill Sardi: Who Is Left Holding the Bag on US Debt? The government wants Americans to believe the greatest economic collapse in history was the result of ineptness and mistakes yet still have confidence in their financial institutions. Should American bankers be [...]

YAHOO: Preparing for the Worst

by Robert Kiyosak Posted on Monday, August 24, 2009, 12:00AM “Is the crisis over?” is a question I am often asked. “Is the economy coming back?”My reply is, “I don’t think so. I would prepare for the worst.” Like most people, I wish for a better future for all of us. Life is better when people [...]

Stock Market History – Dow Jones 1990 to 2009

The market has been looking pretty good over the past few months. Do not get too excited. The market becomes very volitile in recession/depression times. Jobs have not recovered. The above chart shows the dow from 2007 (the peak) and now. Its highest point was about 14000 (which was WAY overvalued fueled by bubbles) and [...]

LINK: For Those Who Want To Know

http://www.wanttoknow.info/index.shtml This website provides a concise, reliable introduction to vital information of which few are aware. We specialize in providing fact-filled news articles and concise summaries of major cover-ups which impact our lives and world. All information is taken from the most reliable sources available and can be verified using the links provided. Sources are always noted, with links direct to [...]

Letter Re: Wealth Destruction–Real Wealth or Just On-Paper Wealth?

Conversation Thread taken from my favorite site Survivalblog.com (Author of blog is JWR) Sir: I followed the link in Thursday’s blog to this I followed this news story: 45 percent of world’s wealth destroyed: Blackstone CEO. It stated: “Between 40 and 45 percent of the world’s wealth has been destroyed in little less than a year [...]

Switzerland: A parasite feeding on developing world?

June 16, 2009 By Lord Aikins Adusei (Modern Ghana) For more than half a century the Alpine nation of Switzerland has built a reputation as the world´s centre for tax evasion, fraud accounting, money laundering, racketeering, and above all a staunch ally of corrupt third world leaders and a great beneficiary of third world corruption. [...]

Goldman Sachs – THE WORLD’S BIGGEST PONZI SCHEME

Taken from a comment by “Calltoaccount”, which was taken from Institutional Risk Analytics, blogged by www.cjr.org Res Ipsa Loquitor: Here’s the real story that’s been conveniently swept under the rug. From Reuters: QUESTION: Did Goldman do any due diligence on AIG before buying credit default swaps (CDS) from it? ANSWER: “We do extensive due diligence on [...]

Federal Reserve Bank is financial system’s new “uber-regulator” – USATODAY

Excerpt from USATODAY.com President Obama unveiled a stem-to-stern overhaul of financial industry regulation Wednesday, promising dramatic changes for banks, consumers, hedge funds and even the inner workings of the Federal Reserve. The ambitious proposal is designed to strengthen a ramshackle system of government oversight that failed to either prevent or mitigate the current financial crisis. … The new [...]