Archive for November, 2008

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How an Italian Judge Made the Internet Illegal

November 28th, 2008

Via: Register: Italian bloggers are up in arms at a court ruling early this year that suggests almost all Italian blogs are illegal. This month, a senior Italian politician went one step further, warning that most web activity is likely to be against the law. The story begins back in May, when a judge in […]

Meltdown Far From Over, New Mortgage Crisis Looms

November 28th, 2008

Via: AP: Black Friday’s retail shoppers hunting for holiday bargains won’t be enough to stave off what’s likely to become the next economic crisis. Malls from Michigan to Georgia are entering foreclosure, commercial victims of the same events poisoning the housing market. Hotels in Tucson, Ariz., and Hilton Head, S.C., also are about to default […]

The Citigroup Gold-At-$2000 Story

November 28th, 2008

WARNING: This is not a recommendation to buy, sell or hold any financial instrument. DISCLOSURE: I am a BullionVault client and affiliate. I am a Nitro-Pak affiliate. I am an Impact Guns affiliate. I hold DBA. Oh my, the Citigroup Gold-At-$2000 Story is making the rounds. If Citigroup analysts knew their collective ass from a […]

An Open Letter to President-Elect Barack Obama

November 28th, 2008

Via: WAPF: AN OPEN LETTER TO PRESIDENT-ELECT BARACK OBAMA From Sally Fallon Morell, President, the Weston A. Price Foundation November 16, 2008 Dear Mr. Obama, Congratulations on your recent victory in the American presidential elections. As the president-elect, you have many issues to consider as you prepare to take office. One issue I would urge […]

Thai Protesters Brace for Police Assault

November 28th, 2008

Via: Reuters: Protesters laying siege to Bangkok’s two airports braced for a battle with security forces on Friday after Thailand’s prime minister declared a state of emergency to end a blockade threatening to cripple the economy. People’s Alliance of Democracy (PAD) “security guards,” armed with sticks and metal bars, manned a series of makeshift fortified […]

After Citi, is Bank of America Next?

November 28th, 2008

Via: Reuters: A government rescue plan has eased investors’ concerns about Citigroup Inc, but mines lurking in the balance sheets of rivals including Bank of America Corp could still tempt short-sellers. Bank of America, the No. 3 U.S. bank by assets, has loaded up on mortgages as the world’s largest economy wrestles with the worst […]

Thailand Shuts Down Second Airport in Capital

November 27th, 2008

Via: AP: Thai authorities have closed a second airport in the capital after anti-government protesters stormed the terminal. The country’s main international airport has been closed since early Wednesday because of tens of thousands of protesters laying virtual siege on the terminal in their push for the government’s resignation. Serirat Prasutanont, chief of Thailand Airport […]

Americans’ Food Stamp Use Nears All-Time High

November 27th, 2008

This may sound strange, but there’s a lot of opportunity at this stage of collapse. Gardening and food security issues might resonate with many more people now than in recent years. If you know someone who is on the verge of snapping out their trance, offer books, links, some seeds, or a hand. Additionally, I […]

Yield on 10-Year Treasury Debt Below 3%; First Time in 50 Years

November 27th, 2008

Via: Financial Times: Financial markets notched up another historic milestone on Wednesday as the yield on 10-year US Treasury debt fell below 3 per cent for the first time in 50 years. The decline in yields – to a low of 2.98 per cent – comes in response to unconventional policy measures taken by the […]

Cynthia McKinney Prevented From Leaving U.S.

November 27th, 2008

Via: Infowars: Former Congresswoman and presidential candidate Cynthia McKinney has been prevented from leaving the country after she planned to give a speech in Damascus Syria at a Conference being held to commemorate the 60th Anniversary of the Universal Declaration of Human Rights. “Today, November 23rd, I was slated to give remarks in Damascus, Syria […]

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