28. 01. 2012
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Germany wants Greece to give up its sovereignty to European Banksters

Germany wants Greece to give up its sovereignty to European Banksters

UPDATE: Greeks reject German plan for EU budget commissioner Lucas Papademos, PM of Greece is a technocrat [technical term for banker] . Lucas Papademos will do as he is told. FYI: What price the...

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26. 01. 2012
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Spain’s Finance Minister Cristobal Montoro admits unemployment rate has jumped to 24pc

Spain’s Finance Minister Cristobal Montoro admits unemployment rate has jumped to 24pc

When will the U.S. government admit that the true unemployment rate is ~22% ? Not ~8.4% unemployment claimed by the U.S. Department of Labor. Source: Telegraph Spain’s unemployment rate has jumped to nearly...

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25. 01. 2012
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Bernanke says Fed pondering further stimulus: QE3,QE4,QE5,QE…………………

Bernanke says Fed pondering further stimulus: QE3,QE4,QE5,QE…………………

Source: Reuters Federal Reserve Chairman Ben Bernanke said on Wednesday the central bank was ready to offer the economy additional stimulus after it announced it would likely keep interest rates near zero until...

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25. 01. 2012
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Senate investigating HSBC for money laundering

Senate investigating HSBC for money laundering

Nothing will come of this investigation. VIA: Blacklisted news: CRIMINALLY CORRUPT – Eric Holder, Top DOJ Lawyers Were Partners With Big Banks  If you have not figured it out yet, the corporate banks...

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25. 01. 2012
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Unemployment to soar as UK heads back into recession

Unemployment to soar as UK heads back into recession

Source: Telegraph Research by the Bank of England found that companies in Britain’s dominant services sector, which accounts for three quarters of the economy, are planning to reduce headcount…. The International Monetary Fund...

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23. 01. 2012
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India to pay gold instead of dollars for Iranian oil

India to pay gold instead of dollars for Iranian oil

India is the first buyer of Iranian oil to agree to pay for its purchases in gold instead of the US dollar, debkafile’s intelligence and Iranian sources report exclusively.  Those sources expect China...

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23. 01. 2012
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IMF chief unveils euro plan and warns of ‘1930s moment’

IMF chief unveils euro plan and warns of ‘1930s moment’

In a wide-ranging speech at the German Council on Foreign Relations think tank in Berlin, Ms Lagarde also called for an additional $500bn (£320m) for the IMF as it seeks to keep afloat...

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22. 01. 2012
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Subculture of Americans prepares for civilization’s collapse

Subculture of Americans prepares for civilization’s collapse

Is it truly a subculture of Americans? The FBI  had 16.5 million background checks for firearm purchases for 2011.  Firearm Background Checks Spike In 2011 According To FBI Statistics.   I recommend reading...

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22. 01. 2012
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‘Secret jobless’ could mask extent of unemployment

‘Secret jobless’ could mask extent of unemployment

Governments covering up or stretching the truth about unemployment statistics? They would never do such a thing. Gimme a break!  Statistical schemes are used to skew data to a favorable point and they...

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20. 01. 2012
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Corzine Is Sued Under Racketeering Law by MF Global’s Commodity Customers

Corzine Is Sued Under Racketeering Law by MF Global’s Commodity Customers

Jon Corzine, MF Global Holdings Ltd. (MFGLQ)’s former chief executive officer, was sued under U.S. racketeering law by commodity customers alleging he and other executives “unlawfully” took money from their accounts and failed...

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20. 01. 2012
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Portland, ME calls for end to corporate personhood

Portland, ME calls for end to corporate personhood

FYI: For those who are interested in the 1886 Supreme court case that designated corporations as persons: Corporate personhood Source: Raw Story The city of Portland, Maine joined other cities across the nation...

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19. 01. 2012
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Larry Summers Being Considered For World Bank Chief

Larry Summers Being Considered For World Bank Chief

To keep the truth behind the global economy hidden from the “people”, the elite/banks/corporations must recruit those who know the secrets. Even if the recruited are incompetent. -Douglas >> Read More: Huffington Post...

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19. 01. 2012
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Inventor of the digital imaging sensor Eastman Kodak Files Chapter 11

Inventor of the digital imaging sensor Eastman Kodak Files Chapter 11

Source: ComputerWorld Struggling Eastman Kodak said Thursday that it and its U.S. subsidiaries have filed for Chapter 11 of the U.S. Bankruptcy Code to reorganize its business. Kodak expects to complete its U.S.-based...

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17. 01. 2012
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EU Takes Legal Action Against Hungary

EU Takes Legal Action Against Hungary

The European Commission said on Tuesday it was launching legal action against Hungary for violating EU laws with new legislation that curbs the independence of the national central bank, the data protection agency...

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17. 01. 2012
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Kraft to Cut 1,600 Jobs as It Prepares Split

Kraft to Cut 1,600 Jobs as It Prepares Split

Kraft Foods said it will realign its U.S. sales organization and cut 1,600 jobs in North America throughout 2012 as part of its move to divide its snacks and grocery businesses. >> Source:...

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17. 01. 2012
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Gold price ‘to hit $2,000 an ounce’

Gold price ‘to hit $2,000 an ounce’

Warning: Phantom Report does not recommend to buy, sell or hold precious metals Gold prices are on the march again. Forecast to power past $2,000 (£1,300) an ounce later this year or in...

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16. 01. 2012
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A universal currency could end the financial crisis

A universal currency could end the financial crisis

Via: Global Governance Archive Step back from the current crisis to consider the long view, and currency unions — or even a single global currency — have a fair share of appeal. A...

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16. 01. 2012
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London seeks major role in yuan trading

London seeks major role in yuan trading

The UK Treasury has announced plans to make London the leading international centre for trading China’s currency, the yuan, also known as the renminbi According to Treasury officials, the new partnership with Hong...

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16. 01. 2012
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Most Europe, US Ratings Should Be Lower: Marc Faber

Most Europe, US Ratings Should Be Lower: Marc Faber

Most of the European countries should be rated triple-C and the U.S. “should not be a “triple-A-minus but a triple-B or junk bond when you really analyze the unfunded liabilities that will come...

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14. 01. 2012
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Fears of oil shutdown as Nigerian strike continues

Fears of oil shutdown as Nigerian strike continues

Nigeria’s government and labour unions have failed to end a paralysing nationwide strike over high gasoline costs, potentially sparking an oil production shutdown in a nation vital to US oil supplies. Nigeria Labour...

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14. 01. 2012
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Greece gets closer to brink of bankruptcy

Greece gets closer to brink of bankruptcy

Fears are mounting that Greece could be the first European country to default on its debt in 60 years, as the country gears up to salvage collapsed talks over bond repayments on Wednesday....

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13. 01. 2012
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S&P Cuts Credit Ratings for Nine Euro Zone Nations

S&P Cuts Credit Ratings for Nine Euro Zone Nations

Standard & Poor’s downgraded the credit ratings of nine euro zone countries, stripping France and Austria of their coveted triple-A status but not EU paymaster Germany, in a Black Friday 13th for the...

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13. 01. 2012
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Suspended Korean Savings Bank Chief Found Dead in Hotel Before Questioning

Suspended Korean Savings Bank Chief Found Dead in Hotel Before Questioning

The biggest shareholder of Ace Mutual Savings Bank, a South Korean lender whose operations were suspended last year by the regulator, was found dead yesterday ahead of scheduled questioning by prosecutors. The body...

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13. 01. 2012
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France and Austria Loses Triple-A Rating On S&P Downgrade

France and Austria Loses Triple-A Rating On S&P Downgrade

Standard & Poor’s ratings agency has downgraded France’s credit rating, French television channels reported on Friday, citing a government source. >> Source: CNBC FYI: July 27, 2011 Now France is being dragged into...

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12. 01. 2012
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Unemployment benefit jump to 399,000 | Retail sales weaken in Dec. up 0.1%

Unemployment benefit jump to 399,000 | Retail sales weaken in Dec. up 0.1%

Unemployment benefit jump to 399,000 Retail sales weaken in Dec. up 0.1% For those who are aware of the propaganda spewing from corporate media outfits know the economy is on the fringe of...

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11. 01. 2012
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Poverty in America likely to get worse, report finds

Poverty in America likely to get worse, report finds

Millions of Americans will be forced into poverty in the coming years even as the US hauls itself out of the longest and deepest recession since the second world war. A study from...

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10. 01. 2012
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Consumer debt sees biggest jump in a decade

Consumer debt sees biggest jump in a decade

Consumer debt saw its biggest growth in a decade in November, according to new data from the Federal Reserve, as consumers headed into the holidays ready to spend. The Federal Reserve’s latest G.19...

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09. 01. 2012
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German Expresses Support for EU Transaction Tax, Britain Expresses Support for Worldwide Transaction Tax

German Expresses Support for EU Transaction Tax, Britain Expresses Support for Worldwide Transaction Tax

French President Nicolas Sarkozy won the backing of German Chancellor Angela Merkel for a tax on financial transactions, a levy that Britain maintains won’t work unless it’s applied worldwide. The French government, long...

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04. 01. 2012
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Violence erupts in Nigeria over petrol prices

Violence erupts in Nigeria over petrol prices

Protesters furious over spiralling petrol prices started fires on a motorway and at least one person was killed in the unrest after Nigeria’s government scrapped a subsidy that had kept fuel costs down...

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04. 01. 2012
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Gross predicts “paranormal” market activity in 2012

Gross predicts “paranormal” market activity in 2012

Gross, who managers PIMCO’s $244 billion Total Return bond fund, said the financial markets this year will continue to delever but sees a gloomy future ahead. “It’s as if the Earth now has...

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03. 01. 2012
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Wall Street Trades at Speed of Light

Wall Street Trades at Speed of Light

The past year in U.S. stock markets earned a place in the volatility (VIX) Hall of Fame, coming in just behind the full-blown financial crisis years of 2008 and 2009. For this, credit...

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03. 01. 2012
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France calls for embargo on Iranian oil

France calls for embargo on Iranian oil

The European Union should maximise the pressure on Iran’s economy by imposing an embargo on the country’s oil imports by the end of this month, the French foreign minister said on Tuesday. This...

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02. 01. 2012
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Coca-Cola accused of propping up notorious Swaziland dictator

Coca-Cola accused of propping up notorious Swaziland dictator

Coca-Cola has been accused of propping up one of Africa‘s most notorious dictators. The multibillion dollar beverage company owns a concentrate-manufacturing plant in Swaziland, an impoverished kingdom ruled by Africa’s last absolute monarch,...

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01. 01. 2012
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US exports record amount of refined fuels

US exports record amount of refined fuels

U.S. refineries exported a record amount of refined fuels in 2011 to markets in South America, Central America and Europe. It was one reason why Americans spent a record amount on gasoline this...

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01. 01. 2012
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European leaders predict 2012 will be worse than 2011

European leaders predict 2012 will be worse than 2011

The German chancellor, Angela Merkel, has warned that the year ahead will “undoubtedly” be harder than 2011 in the starkest of a series of downbeat messages from European leaders dominated by fears over...

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30. 12. 2011
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Asian giants strike currency deals in move away from US dollar

Asian giants strike currency deals in move away from US dollar

The move reflects an increasing focus within Asia on trading with fellow Asian nations rather than the debt-plagued economies of the West. The $US15 billion ($14.7bn) India-Japan currency swap was announced this week...

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29. 12. 2011
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70,000 children living in temporary accommodation

70,000 children living in temporary accommodation

On New Year’s Day, almost 70,000 children in England will wake up in temporary accommodation, without the security of a home, according to the homelessness charity Shelter. Every two minutes in Britain someone...

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29. 12. 2011
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Oil Seen Above $100 a Barrel Through 2012

Oil Seen Above $100 a Barrel Through 2012

Gasoline over $3 is the new norm. Physiological conditioning. The consumer has a emotional response of relief as fuel prices drop by 5 – 70 cents, but in reality gasoline purchases are a...

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28. 12. 2011
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The Federal Reserve’s Covert Bailout of Europe

The Federal Reserve’s Covert Bailout of Europe

America’s central bank, the Federal Reserve, is engaged in a bailout of European banks. Surprisingly, its operation is largely unnoticed here. The Fed is using what is termed a “temporary U.S. dollar liquidity...

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28. 12. 2011
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MF Global chief missing $1.2B is financial adviser to EPA

MF Global chief missing $1.2B is financial adviser to EPA

During two days of recent congressional hearings into how as much as $1.2 billion disappeared from MF Global customer accounts, the chief operating officer of the imploding investment firm responded again and again...

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26. 12. 2011
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Afghanistan cabinet OKs oil deal with China’s CNPC

Afghanistan cabinet OKs oil deal with China’s CNPC

Douglas Observation: Is there something wrong with this picture? Exploration and mining operations are expensive and time consuming. Cultivating, production and smuggling of opium / heroin is  extremely profitable $$$. NATO takes control...

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18. 11. 2011
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Yuan to replace dollar in 10 years

Yuan to replace dollar in 10 years

Tensions between Beijing and Washington intensified this week as international leaders met to discuss the handling of the South China Sea. As America attempts to involve itself in the region, China is asking...

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15. 11. 2011
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Federal Housing Administration could require bailout, audit finds

Federal Housing Administration could require bailout, audit finds

There is a nearly 50% chance that the Federal Housing Administration will require a taxpayer bailout as the struggling housing market continues to eat away at the cash reserves of the agency, which...

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14. 11. 2011
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Chance of 2012 U.S. recession tops 50 percent: Fed paper

Chance of 2012 U.S. recession tops 50 percent: Fed paper

The European debt crisis is raising the odds of a U.S. recession, with economic contraction more likely than not by early 2012, according to research from the San Francisco Federal Reserve Bank. >>...

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14. 11. 2011
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“Stop Accepting Nonsense” Ally Bank Commercial Remix

“Stop Accepting Nonsense” Ally Bank Commercial Remix

This is great! >> Source – Youtube: Stop Accepting Nonsense

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10. 11. 2011
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UK Treasury prepares for ‘economic armageddon’ if euro falls apart

UK Treasury prepares for ‘economic armageddon’ if euro falls apart

The Treasury and Bank of England are making contingency plans for an “economic Armageddon” if the euro falls apart, business secretary Vince Cable said on Thursday as the European commission slashed its growth...

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10. 11. 2011
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China Is Pillage Africa While African Elites Cash In

China Is Pillage Africa While African Elites Cash In

To win mining licenses worth billions of dollars, a Chinese oil trade company promised poor African countries infrastructure to help develop their land. But now reports are leaking that China Sonagol, also known...

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08. 11. 2011
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MF Global paid bonuses just hours before bankruptcy

MF Global paid bonuses just hours before bankruptcy

Staff are understood to have received quarterly bonuses last Monday. It is not clear whether the bonuses were also received by staff in the US. The news is likely to anger those MF...

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07. 11. 2011
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Artificial Intelligence and the Loss of Even More America’s Jobs

Artificial Intelligence and the Loss of Even More America’s Jobs

It’s not just the recession that killed American employment. And it’s not just robots taking jobs from autoworkers. The scary new dimension is artificial intelligence, which could replace as many as 50 million...

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07. 11. 2011
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New Census data raises number of poor to 49 million

New Census data raises number of poor to 49 million

The number of Americans living in poverty reached a record 49.1 million in 2010, according to a new broader measure of poverty released by the U.S. Census Bureau on Monday. That figure contrasts...

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03. 11. 2011
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Ohio city has highest US concentrated poverty

Ohio city has highest US concentrated poverty

A new study says Youngstown in northeast Ohio has the nation’s highest concentration of poverty among the 100 biggest metro areas. The report was released Thursday by the Brookings Institution, a think tank...

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01. 11. 2011
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Papandreou Replaces Greek Military Chiefs, Defense Ministry Says

Papandreou Replaces Greek Military Chiefs, Defense Ministry Says

Greek Prime Minister George Papandreou approved changes to the leadership of the nation’s armed forces at a meeting of the Foreign and Defense Council in Athens today. The Chief of National Defense, Greek...

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01. 11. 2011
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Official: MF Global admitted using client money

Official: MF Global admitted using client money

MF Global, the failed securities firm led by Jon Corzine, admitted using clients’ money as its financial troubles mounted, a federal official says. An MF Global executive admitted that to federal regulators in...

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01. 11. 2011
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Wheels Come Off Euro Plan in Just Five Days

On Thursday of last week stocks across the world surged on news that EU leaders, attending their 7th heads of state summit in 2011 alone had agreed a new plan to tackle the...

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30. 10. 2011
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A Worrying Look At Food Inflation In The Coming Year

A Worrying Look At Food Inflation In The Coming Year

The folks at the USDA released their projections for 2011/2012-food price inflation. The bad news is that feeding ourselves will cost ~4% more in 2011. The good news is that USDA thinks prices...

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29. 10. 2011
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West Sees Opportunity in Postwar Libya for Business

West Sees Opportunity in Postwar Libya for Business

  Douglas: Regime change and send in the thieves………….   Entrepreneurs are abuzz about the business potential of a country with huge needs and the oil to pay for them, plus the competitive...

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27. 10. 2011
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Rioting Across America – The Great Depression (Video)

Rioting Across America – The Great Depression (Video)

“Those who cannot remember the past are condemned to repeat it”-George Santayana

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26. 10. 2011
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National Security Agency helps banks battle hackers

National Security Agency helps banks battle hackers

The National Security Agency, a secretive arm of the U.S. military, has begun providing Wall Street banks with intelligence on foreign hackers, a sign of growing U.S. fears of financial sabotage. The assistance...

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26. 10. 2011
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Ex-Goldman board member indicted in insider case

Ex-Goldman board member indicted in insider case

A former board member of Goldman Sachs and Procter & Gamble surrendered Wednesday to face a six-count securities fraud indictment that makes him the latest defendant in the biggest insider trading case in...

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25. 10. 2011
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Consumer Confidence Drops to Lowest Level in 2.5 Years

Consumer Confidence Drops to Lowest Level in 2.5 Years

U.S. consumer confidence unexpectedly dropped in October to its lowest level in two-and-a-half years as consumers fretted about job and income prospects, according to a private sector report released on Tuesday. The Conference...

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24. 10. 2011
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More Jobs Predicted for Machines, Not People

More Jobs Predicted for Machines, Not People

A faltering economy explains much of the job shortage in America, but advancing technology has sharply magnified the effect, more so than is generally understood, according to two researchers at the Massachusetts Institute...

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24. 10. 2011
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The Great Crash of 1929, some key dates

The Great Crash of 1929, some key dates

October  27, 1923: The greatest bull market of the 20th century begins after the Dow Jones Industrial Average closes the day near 86. It lasts nearly 6 years and lifts stocks by 345%...

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24. 10. 2011
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POPE/

Vatican calls for global authority on economy, raps “idolatry of the market”

The Vatican called on Monday for the establishment of a “global public authority” and a “central world bank” to rule over financial institutions that have become outdated and often ineffective in dealing fairly...

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21. 10. 2011
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Largest Rare Earths Producer Halts Output

Largest Rare Earths Producer Halts Output

China’s largest rare earths producer, Baotou, has suspended production for one month in an effort to prop up falling prices, in the clearest signal yet that Chinese producers are intent on supporting prices...

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21. 10. 2011
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EU Considers Ban on Country Credit Ratings

EU Considers Ban on Country Credit Ratings

This week alone has seen a ratings downgrade for Spain as well as a threat by agencies to review France’s AAA status — and the markets have taken notice. Once again, it would...

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21. 10. 2011
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British businessman should be ‘heading to Libya for contracts’

British businessman should be ‘heading to Libya for contracts’

British executives should be “packing their suitcases” and heading to Libya to win contracts following the death of Muammar Gaddafi, the defence secretary has said. Philip Hammond said that since Britain had played...

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20. 10. 2011
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Franco-German split over bailout fund threatens crisis

Franco-German split over bailout fund threatens crisis

Deep divisions between France and Germany mean they will make scant progress on strengthening the euro zone bailout fund at a summit on Sunday in a sign that Europe’s leaders are still some...

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19. 10. 2011
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‘One super-corporation runs the global economy’… and it could be terrifyingly unstable

A University of Zurich study ‘proves’ that a small group of companies – mainly banks – wields huge power over the global economy. The study is the first to look at all 43,060...

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19. 10. 2011
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Russia signs free-trade deal with former Soviet states

Russia signs free-trade deal with former Soviet states

Russia has signed a free-trade deal with seven other former Soviet republics that will scrap export and import tariffs on a number of goods. The agreement was announced following talks in St Petersburg....

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18. 10. 2011
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Sinai gold that could bring Egypt billions

Sinai gold that could bring Egypt billions

The fall of Hosni Mubarak could trigger an Egyptian gold boom as the government looks to carve up precious reserves in the Sinai desert which have remained untapped for decades. Officials have known...

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17. 10. 2011
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Cash-strapped schools to sell ads on walls, floors and halls

Cash-strapped schools to sell ads on walls, floors and halls

More than 10,000 children will soon have a bit more colour in their school day after a district came up with a novel way of easing its money worries. Schools in Pennsbury, Pennsylvania,...

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17. 10. 2011
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Behind Las Vegas glitz and glamour lies a dark city marred by poverty

Behind Las Vegas glitz and glamour lies a dark city marred by poverty

Once again Vegas is proving to be a reflection of the country’s wider problems. This is a tale of two cities. For the rich – mostly from out of town – the good...

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17. 10. 2011
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Hosni Mubarak sons ‘have £215 million in Swiss banks’

Hosni Mubarak sons ‘have £215 million in Swiss banks’

Douglas: I personally spent six months in Egypt and it was a dire situation. I am not surprise the Mubarak Family funneled money out of Egypt while enforcing oppression onto the Egyptian citizens....

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17. 10. 2011
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UK economy brought to grinding halt by euro crisis

UK economy brought to grinding halt by euro crisis

The Ernst & Young ITEM Club, which uses the Treasury’s forecasting models, warns today that the economic situation is “worse than we thought”. It concludes that the “bright spots” in Britain’s economic recovery...

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13. 10. 2011
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U.S. considers sanctions on Iran’s central bank

U.S. considers sanctions on Iran’s central bank

The Obama administration said it was “actively” considering sanctioning Iran’s central bank in retaliation for an alleged Iranian assassination plot, a move that could severely damage Iran’s economy and potentially provoke a strong...

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13. 10. 2011
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750px-Flag_of_Spain.svg

S&P downgrades Spain

Standard & Poor’s Ratings Services has downgraded Spain a notch, citing increasingly unpredictable financing conditions that could squeeze a private sector already pressured by struggling economic growth. In downgrading the Iberian nation, S&P...

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13. 10. 2011
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U.S. Passes Biggest Trade Accord Since ’94: U.S. Congress Sold the American Ranch!

U.S. Passes Biggest Trade Accord Since ’94: U.S. Congress Sold the American Ranch!

The U.S. Congress approved free- trade agreements with South Korea, Colombia and Panama, bringing an end to years of stalemate and offering what supporters said was the biggest opportunity for exporters in decades....

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12. 10. 2011
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Fed minutes show doubts economy will improve

Fed minutes show doubts economy will improve

Federal Reserve officials who voted last month to twist their holdings of bonds were concerned the economy might not pick up by the end of the year, according to the minutes of their...

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11. 10. 2011
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Peanut butter prices about to soar amid poor harvest

Peanut butter prices about to soar amid poor harvest

After searingly hot weather devastated the summer crop of Runner peanuts, the variety mostly used to make peanut butter, raw peanuts that cost about $450 a ton in 2010 now cost $1,150 a...

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11. 10. 2011
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400,000 children will fall into relative poverty by 2015

400,000 children will fall into relative poverty by 2015

The government shakeup of the tax and benefits system will result in a further 400,000 children falling into relative poverty during this parliament, leaving Britain on course to miss legally binding targets to...

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09. 10. 2011
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Colorado empties popular lake to pay its water bill

Colorado empties popular lake to pay its water bill

Bonny Reservoir, a much-loved tourist spot in eastern Colorado, is being drained after the state exceeded its allowance under a 1942 agreement with its neighbours on sharing the Republican River. The case has...

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06. 10. 2011
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800px-StPetersBasilicaEarlyMorning

The mysterious suicide that has rocked the Vatican

On a Monday morning in July, a gunshot rang out in the administration section of Milan’s San Raffaele hospital. Seconds later, a frightened secretary entered the office of the institution’s vice-president, Mario Cal,...

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05. 10. 2011
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103 Signs That China Is Buying The World

Source: Business Insider While the rest of the world suffers from austerity and recession, China has been making it rain. State-owned Chinese companies have made 103 international investments larger than $100 million in...

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05. 10. 2011
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Greece has weeks left before bankruptcy

Greece has weeks left before bankruptcy

Greece has enough money to pay pensions, salaries and bondholders through mid-November, the finance minister said Tuesday, as global markets sank on worries that a messy default could bring down European banks and...

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04. 10. 2011
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Pay off credit cards for the sake of the economy[sake of saving banks]

Pay off credit cards for the sake of the economy[sake of saving banks]

 Douglas: The government is the debt crisis. The government wants you to  liquidate all your assets to keep the banks afloat. Guaranteed the government will be  coming for retirement savings whether or not...

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04. 10. 2011
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Starbucks to customers: Donate $5, create jobs

Starbucks to customers: Donate $5, create jobs

Starting Nov. 1, Starbucks will begin collecting donations of $5 or more from customers to stimulate U.S. job growth through its “Jobs for USA” program. The Seattle-based coffee chain is collaborating with the...

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04. 10. 2011
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Heritage Oil wastes no time in snapping up Libyan assets

The fighting may be continuing in Libya and Colonel Gaddafi still on the loose, but that has not stopped Heritage Oil from making a play for part of the country’s oil industry. Heritage...

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04. 10. 2011
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China Warns of Trade War if U.S. Bill on Yuan Passes

An angry China warned Washington on Tuesday that passage of a bill aimed at forcing Beijing to let its currency rise could lead to a trade war between the world’s top two economies....

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03. 10. 2011
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Koch Brothers Flout Law With Secret Iran Sales

Koch Brothers Flout Law With Secret Iran Sales

In May 2008, a unit of Koch Industries Inc., one of the world’s largest privately held companies, sent Ludmila Egorova-Farines, its newly hired compliance officer and ethics manager, to investigate the management of...

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02. 10. 2011
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Frankenstein finance: How supercomputers preying on human fear

Frankenstein finance: How supercomputers preying on human fear

 Douglas: The financial elite have to be on top of their game. Speed, manipulation and bluffing the financial markets are key to increasing profits, so it is common sense for financial firms to...

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01. 10. 2011
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3,000 protestors march towards Bank of America in Boston

3,000 protestors march towards Bank of America in Boston

On Friday afternoon, 3,000 protestors marched towards Bank of America in downtown Boston to signal their disapproval over the banks foreclosure practices. 24 people were arrested for trespassing but are unlikely to face...

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30. 09. 2011
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World is heading for ‘Great Stagnation’

 Douglas: I find it interesting: the world is in a “Great Recession” and there is a high probability of  a”Great Stagnation” for an unknown period of time, but no mention of the world...

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29. 09. 2011
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U.S. Economy: Comfort Drops to Second-Weakest on Record

U.S. Economy: Comfort Drops to Second-Weakest on Record

Douglas: No employment+ no money = no confidence. The smoke and mirror theatrics are not going to prevent the economic downfall or cover up the greatest “train” robbery of all time. Troubled Asset...

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29. 09. 2011
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Denmark is to impose the world’s first “fat tax”

Denmark is to impose the world’s first “fat tax”

Starting from this Saturday, Danes will pay an extra 30p on each pack of butter, 8p on a pack of crisps, and an extra 13p on a pound of mince, as a result...

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28. 09. 2011
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Supercommittee super secret meetings:

Supercommittee super secret meetings:

Douglas: The 12 apostles dictating top down legislation to reduce the U.S deficit in secret is unconstitutional. Without public legislative debates, public democracy[people vote to pass legislation] or public opinion, a committee of...

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27. 09. 2011
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More Gloom Lies Ahead for Cities

 Douglas:  In my neighborhood of the nation we have been hit with “temporary tax ” [ permanent tax] of 1 cent increase in sales tax, 2% city food tax, my property taxes dropped...

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26. 09. 2011
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BBC Speechless As Trader Tells Truth: “The Collapse Is Coming…And Goldman Rules The World”

BBC Speechless As Trader Tells Truth: “The Collapse Is Coming…And Goldman Rules The World”

 Douglas: The verbal slips are coming from all directions. Those who have attention spans more than 1 second are very aware that a financial meltdown reiteration of the early 1930’s is coming.

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26. 09. 2011
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Russia may legalize cannabis for agriculture, industrial use

Russia may soon authorize the cultivation of hemp – otherwise known as cannabis sativa – for agricultural and industrial needs, Russia’s Federal Drug Control Service said on Friday. On September 28, the country’s...

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26. 09. 2011
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800px-One_US_dollar_note_0127_22

Sarkozy aide’s wife claims he handled ‘bags of cash’ for illegal political funds

The aristocratic wife of a former aide to President Nicolas Sarkozy has publicly accused her estranged husband of making frequent trips abroad in the 1990s to collect “bags of cash” for illegal political...

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25. 09. 2011
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g20

G20 makes plans for Athens to default on debt

Finance Minister signals Greece may opt for 50 per cent writedown on bonds as top economist warns Spain and Italy could be forced out of single currency. The world’s leading economic powers are...

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