Comment: The next Bilderberg (Who are they?) meeting in 2009 (May 14-16) is in Athens, GreeceThe Group names here“The silence law” is the first rule, which all invited to the world of Bilderberg must abide to. This is why the daily schedule remains secret but the current events leave no doubt that the main topic [...]

Swine flu fear catching fast in weak world economyFears of flu pandemic threaten new storm for global economy just as clouds seem to be parting Adam Geller, AP National Writer NEW YORK (AP) — The swine flu outbreak is unleashing a side effect the global economy is in no condition to handle: fear. Travelers are [...]

The world’s largest steel maker ArcelorMittal SA said sales halved in the second quarter and it reported its second quarterly loss as steel demand plunges.The company made a loss of $1.06 billion in the three months ending March 31, compared to $2.37 billion profit a year ago. Revenues were $15.12 billion, down by half from [...]

WATERFORD TOWNSHIP, Mich. – A six-pound Chihuahua has been reunited with her owners after a 70-mph gust of wind picked the puppy up and tossed her out of sight. Dorothy and Lavern Utley credit a pet psychic for guiding them on Monday to a wooded area nearly a mile from where 8-month-old Tinker Bell had [...]

by Mike Larson The Federal Reserve is watching the backs of U.S. banks. But sometimes I wonder, “Who’s watching the Fed’s back? Is the Fed our next troubled bank?” You see, all of this garbage paper that’s going bad — the troubled residential mortgage backed securities (RMBS), the commercial mortgage backed securities (CMBS), the asset [...]

John Williams publishes the Shadow Government Statistics newsletter (www.shadowstats.com). – We will see inflation levels “not seen in our lifetime” …– We will see debt explode to $65 trillion (4x U.S. GDP; more than global GDP). – We will see hyperinflation such that the dollar becomes worthless and “the paper is worth more as wall [...]

The Wall Street Journal has made available a report by Deutsche Bank on the outlook for commercial real estate. The presentation is an eye-opener, as it presents a lot of data on the weakening commercial real estate market. The report’s key conclusions are as follows: Prices may drop 35-45% in 2009, exceeding price declines of [...]

By PAUL GRONDAHL, Staff writer First published: Sunday, April 26, 2009 Does the thought of spooning into a steaming plate of woodchuck, muskrat, raccoon or squirrel leave you squeamish? Then you didn’t live through the Great Depression the way 91-year-old Russell Gordon did. If this brutal economy grows even meaner and nastier than it already [...]

Comment: Could this “disease” collapse the economic market? That way the government could put the blame entirely on the swine flu. Since no bailout or amount of money will help the economy, perhaps this is the best way for the collapse. FABRICATE a flu! This afternoon, the WHO declared that the swine flu outbreak in [...]

SHANGHAI/BEIJING – China revealed on Friday that it had secretly raised its gold reserves by three-quarters since 2003, increasing its holdings to 1,054 tonnes – or a pot worth about US$30.9-billion – and confirming years of speculation it had been buying. Hu Xiaolian, head of the State Administration of Foreign Exchange, told Xinhua news agency [...]