2008 Wire Stories Archive
Thursday August 21, 2008
Okay guys, it looks like I'm going to be a little to busy in the next few weeks to keep the site updated. To see why, check out what I've been up to.
For excellent news, discussion and a very smart and kind community of people, visit me and the rest of the family at the Daily Paul.
Thank you.
Michael
Wednesday August 13, 2008
Turk & Rubino: What is Money?
Panzner: All Wet
Mish: $500 Billion Down, $1.5 Trillion to Go
Fed Auctions $25B in Loans to Combat Credit Crunch
Biggest Drop in US Oil Demand in 26 Years
Japan Economy Shrinks 2.4% - Recession Looms
Asian Stocks Slide...
China Retail Sales Rise 23%!!!
As US Retail Sales Drop
Aussie Bank to Bring America's Biggest Bankers to Their Knees?
One Third of Home "Owners" Owe More than House is Worth!
Monday August 11, 2008
Crude Oil Falls to 14-Week Low
Pieces Might Be in Place for Dollar to Sustain Gains
Dollar At a Crossroads Amid Brighter US Outlook
China to Overtake US as Largest Manufacturer
Housing Bust Leads to Lost Sovereignty
Giant Retailers Look to Sun for Energy Savings
FDIC Fund May Have to Raise Premiums
Bond Vigilantes Who Gave Bush a Pass May Ambush Obama or McCain
Media Outlets Losing Money From Lack of Auto Ads
Monday August 4, 2008
Pickens, Gore Sidestep Differences in Alternative Energy Quest
Travelers' Laptops May Be Detained At Border
Ron Paul Sponsors 'Secure Our Data Act'
Mish: Deleveraging Risk High And Growing At Lehman
Gasoline Falls to 11 Week Low
Oil Prices Drop Nearly $4
CRB Index Biggest One Day Decline Since March...
But Inflation Still Rising...
And the Recession Will Be Long!
Housing Lenders Fear Bigger Wave of Loan Defaults
Royal Bank of Scotland Poised for Biggest Loss in UK Banking History
Thursday July 31, 2008
The Alternatives to Capitalism
Massachusetts Says Merril Defrauded Auction-Rate Investors
Mish: Credit Crunch Reaches Critical Mass
Video: Hydrogen is the Wave of the Future!
The Credit Problem
GM to Cut 15% of North American Salaried Workers
Economy Contracted in 4Q 2007
But Grew in 1Q 2008
Internet Addiction on the Rise
Tuesday July 29, 2008
Global Trade Talks Collapse
White House Cuts US GDP Growth Forecast to 1.6%
US Housing Prices Drop by Record 15.8% in May
BBC: America's House Price Time Bomb
Consumer Confidence Hovers Near 16 Year Low
No More Leases from Chrysler Financial
Our Empire of Debt is Collapsing
IMF: No End in Sight to Credit Crisis
Merril Unloads CDOs at .22 Cents on Dollar
Dollar Jumps to One Month High...
...As Crude Falls to Three Month Low
Monday July 28, 2008
Gallup: Obama Leads McCain by 8%
Administration Official Projects Record Budget Deficit: $490 Billion
US Stocks Hammered by Bank, Housing Woes
New York Governor Warns of Worst Economy in Decades
US Banks "Saying no to nearly everyone" for loans
Cutting to the Bone, Airports Shutting Lounges
'Stealth' Housing Bailout: It's Bigger Than You Think
Fleck: The Repugnant Bailiout Nation
Mish: Ten Phases of the Bear Market
Banks Back Paulson's Plan for Covered Bonds
Amgen Profit Beats Estimates
Friday July 25, 2008
House Judiciary Committee Impeachment Hearings Today
Schools Eye Four Day Week To Cut Fuel Costs
Cancer Chief Warns of Cell Phone Risks
Nystrom: Apple Short Update
Turk: The Last Plane Account
Asian Stocks Fall Most in Six Weeks
Japanese Inflation Hits 10 Year High
N.Y. Sues UBS Over Auction Securities
America's Largest Savings and Loan Could Be Cut to Junk
Desperate Banks Selling the Family Jewels
Mexican Peso Climbs to Six Year High vs. Dollar
Back to School Buying Pinched
NY Times Special: America Drowning in Debt
Rubino: How to Trade Foreign Stocks
Thursday July 24, 2008
Commedian Lewis Black: End of Empire Sale! Eveything Must Go!
Fertilizer Prices Increase 235% Over Past Year
Schwarzenegger Threatens Minimum Wage for State Workers
Mass Woman Kills Self Over Foreclosed Home
Back Half of the 500 Year Housing Hurricane - It Only Gets Worse
Newsweek: Why It's Worse Than You Think
No Bottom Yet for Ailing Financials
More Banks Skirting Failure
Ford: $9 Billion Loss
Tuesday July 22, 2008
Ron Paul Announces the Rally for the Republic
Rubino: Time to Start Honing the Message
Wachovia Loses $8.9B, Cuts 6,350 workers, Dividend
United to Cut 7,000 Workers; Fuel Costs Soar
American Express Hits the Skids - Won't Meet Targets Until Economy Improves
Bailouts May Cost Taxpayers $25 Billion
Housing Market Far from Bottom
Paulson Urges Americans to Be Patient
Product Placement Making Its Way Into the News!
Half a Million Plastic Coffins Spotted in Georgia
Monday July 21, 2008
Corporate Media Blackout As War, Impeachment Looms
Glenn Greenwald: Rendering Public Opinion Irrelevant
US Gives Iran Two Weeks...Or Else
The Sad Road to Socialism
Hemlines Plunge. Can Recession Be Far Behind?
Investors Await Apple Earnings; Jobs Health Report
And so, how do they explain global warming on Mars?
Global Economy at Point of Maximum Danger
Death of the Free Internet is Imminent
Given a Shovel, Americans Dig Deeper Into Debt
Introducing...The $100 Billion Bank Note
Commercial Bankruptcies Soar
Riots in Pakistan As Market Tumbles
Credit Seen Drying Up for Small Business
America: Too Big to Fail?
Friday July 18, 2008
Why Karl Rove Should Go to Jail
Rove Executive Privilege Claim Won't Stand Up in Court
Kucinich: "In a free nation, nothing is more important than the truth."
Nine Republicans Break Party Ranks: Send Impeachment Article to Judiciary for Hearings
Video: Kucinich Impeachment Battle No Longer So Quixotic
Kucinich Says Unidentified Foreign Official Wants to Speak at Impeachment Talks
Phil Gramm's UBS Problem
GM's Pain Hits Retirees
85% of US Unhappy With Economy
Thursday July 17, 2008
Kucinich: "In a free nation, nothing is more important than the truth."
Nine Republicans Break Party Ranks: Send Impeachment Article to Judiciary for Hearings
Video: Kucinich Impeachment Battle No Longer So Quixotic
Kucinich Says Unidentified Foreign Official Wants to Speak at Impeachment Talks
Inflation Grows At Fastest Pace in 27 Years
John Rubino: The Wall Street Journal Senses That Something Is Wrong
Opposition from Both Parties Over Bailout Plan
Suddenly Everyone Agrees With Ron Paul!
Roubini: The Worst Is Just Ahead
Asia Times: The Next Big Wave is Breaking
Tuesday July 15, 2008
Jesse Ventura: Government Out to Destroy the Middle Class
Karl Rove Defies Congressional Subpoena: "My Lawyer Says Its Okay"
Kucinich May Get Hearing on Impeachment
Wholesale Prices Soar in June; Sales Sluggish
Bernanke: Risk to Both Growth and US Inflation
Here Comes the Jobs Crash
Kunstler: Event Horizon
GM on the Brink
Oil Falls $8
Viacom 'backs off' YouTube Demand
Point/Counterpoint: I Am So Starving
Monday July 14, 2008
Bush Backs Israeli Plan for Strike on Iran
Kucinich: "How many more hearings do we need to have to prove this administration has violated the Constitution?"
MSNBC Video: War Crimes Prosecutions Possible
Oil Spikes Back Up to $145
Fed Closes Barn Door After Horses Have Escaped
The Biggest Transfer of Wealth in History
"If You're a Socialist, You Should Be Happy"
Not just dollars - American Lives Worth Less Today, too
More Banks Will Fail
Jim Rogers: Bailout Plan an "Unmitigated Disaster"
Apple Sells 1million New iPhones!
Thursday July 10, 2008
FISA: The Fix is In
Presidential Elections: 1980 All Over Again
G8 Food Shortage Summit to the World's Starving Masses: "Let them eat sushi!"
Former Fed Regional President Poole: Fannie, Freddie Insolvent.
US Foreclosures Rose 53% in June
Mish: Confessions of a Former Inflationist
Aden Sisters See Dow Falling to 10,000 or Lower
Tuesday July 8, 2008
The FISA Thread
Obama, FISA and the Netroots
Strip Mall Vacancies Spike to Levels Last Seen in 1995
Fannie Mae, Freddi Mac Plunge on Credit Concerns
Bernanke: Fed to Extend Wall Street Lending Access
US Businesses Bankrupties Soar 33%
Kunstler: Where We're At
World Stock Markets Hit 21 Month Low
Siemens to Cut 16,750 Worldwide
T.Boone Pickens Wants to Supplant Oil With Wind
Largest Rooftop Solar Array on Earth Set for Spain GM Plant
Monday July 7, 2008
"Public" Online Spaces Don't Carry Free Speech Rights
Video: The People Running the Show Have No Idea What's Going On
Investors Anxiety Builds as Retirement Next Egg Shows Cracks
WSJ: The Credit Crisis is Going to Get Worse
Is This Economy Worse than Past Recessions?
As Inflation Soars, Elderly Face Starvation
Fed's Credibility on the Line
Fleck: Global Economy Won't Bail Out the US
European Manufacturing Drops as Growth Slows
Shares Tumble as Global Bear Takes Grip
How Bad Can it Get?
America's Top Growing and Disappearing Jobs
Toyota to Equip Prius with Solar Panels
New Contact Lenses Will Project Data Right Onto Your Eyeball
Thursday July 3, 2008
McCain: 'I never said I don't know much about economics'
Forecast for US Workers: Gloom
US Service Sector Slump Rings Recession Alarm Bells
Modern Day Ghost Towns Appearing in West
Oil Nears $146
Another Banking Institution Predicts Problems
World Entering Danger Zone: World Bank
Nikkei Down for 11th Session in a Row!
Citibank Says Gold Could Triple!
Tuesday July 1, 2008
Political Freelancers Use Web to Join the Attack
Where Does the Word "Bailout" Appear in the Constitution?
Global Stocks Close Dismal First Half; Outlook Grim
BIS: Global Economy Could Face Deeper Downturn
UK House Prices Won't Recover Until 2015!
Fleck: The End of the Superbubble
Credit Card Crisis Next for America
Kunstler: Not Your Grandma's Depression
A Look at An Unsustainable Advance (Oil) and A Double Non-Confirmation (Dow Theory)
The Greenspan Gamble and the Rise of the "Super Fed"
GM Shares Near 54 Year Low
Chrysler to Close Another Plant, Reduce Output
Detroit's Mood Grim as Automakers Face the Brink
Remember What Happened to England's Once Thriving Auto Industry?
Global Study Finds People Happier Today than 25 Years Ago
Gene Editing, Anyone?
California Could Legalize Weed for All
Monday June 30, 2008
MUST SEE: Startling Images from Iran You Don't See Every Day
Oil Rises to Record on Concern over Iran
Seymour Hersh: Bush Regime Steps Up Its Secret Moves Against Iran
Dow Crash, Dollar, Gold and WAR!
Barclays Warns of Financial Storm as Fed's Credibility Crumbles
BIS Warns of Deep Global Slowdown and Deflation
IMF to Conduct General Examination of US Financial System
Volker: Central Banks Should Not Lose Focus on Inflation
Travelers Face Deep Flight Cuts by Summer's End
Friday June 27, 2008
No ice at the North Pole This Summer
Ron Paul Speaks Out Forcefully Against War with Iran
What War With Iran Would Mean
Oil Surges Above $140
Stocks Plunge
Thursday June 26, 2008
Dr. Ron Paul Cordially Requests Your Presence at the Revolution March - July 12, 2008 in DC
The Attack on Iran and the Coming Catastrophe
Fed Shifts Its Concern to Inflation
Texas Real Estate Slump Lets Mexicans Take It Back
Volvo Soon to be Sold to ... China?
American Express Reaps Bounty from Visa, Mastercard; Sees Credit Conditions Worsening
Wired: The Data Deluge Makes the Scientific Method Obsolete
Tuesday June 24, 2008
Fed Meeting Announcement Tomorrow: 2:15pm ET
Consumer Confidence Plunges to Lowest Level in 16 Years
US Home Prices Fall 15% in April - Four Years of Gains, Gone
Housing Slump a Prelude to Recession
Consumer Pain Extends Beyond the Pump
Inflation "Psychology" Troubles Central Banks
Divisions Emerge at the Fed
The Market Created the Money, Not the State
Japan to Cut the Cost of Solar Power by 50%
China, Taiwan to Begin Direct Flights
Monday June 23, 2008
Bush Might Bomb Iran if He "Thinks Obama is Going to Win"
MoveOn to Obama: Keep Your Word, Filibuster Telecom Immunity
George Carlin is Dead at 71
Reporters Say Networks Put Wars on Back Burner
Citigroup May Cut 10% of Global Investment Banking Staff
Asian Stocks Fall to Three Month Low
Brokers Threatened by Run on Shadow Bank System
Thirty Years On, Inflation Makes a Global Comeback
California Unemployment Hits 6.8%
Shortages Hit California Food Banks as Schools Recess
Big Shakeup Proposed for the Internet
Friday June 20, 2008
Market Catastrophe
Big Oil's Iraq Payoff: Exxon Mobil, Shell, Total and BP — the original partners in the Iraq Petroleum Company — are in talks for no-bid contracts to service Iraq's largest fields
FISA Bill Eviscerates the Fourth Amendment
Kucinich Threatens 60 Impreachment Articles if Judiciary Doesn't Act
Senate Housing Bill Requires eBay, Amazon, Google, and All Credit Card Companies to Report Transactions to the Government
Midwest Flooding will Inflate Grocery Bills Across the Board
Ex Bear Stearns Managers Indicted for Fraud
Central Bank Has Lost Control of Credit Crisis
Bill Gates: "Most of our competitors were poorly run"
Thursday June 19, 2008
Japan Gripped by Suicide Epidemic
Bank Writedowns May Reach $1.3 Trillion
Paulson to Urge New Fed Powers
Free Trade On the Ropes Amid Shortages
Wednesday June 18, 2008
Bush, McCain Push to End Offshore Drilling Ban
Obama's Veep - A Republican?
Ross Perot is Back! With a New Website: Perot Charts
** Bloomberg: Fed's Bear Stearns Books Look Prime for Cooking **
Morgan Stanley Warns of "Catastrophic Event" as ECB Fights Federal Reserve
Detroit's Sinking Sales Take a Toll on Dealerships
The Sad Tale of Chrysler's Impending Failure
As Costs Rise, Vietnam Becomes the New China
Wooden Nickels and Steel Pennies
* Elliott Wave's Free Week Starts Today at Noon *
Tuesday June 17, 2008
Colin Powell Slams Bush
What’s The Difference Between Lehman Brothers & Bear Stearns? Lehman’s CEO Sits On the Board Of The NY Fed
May Producer Prices Gain 1.4%! Energy Surges 4.9%
Mish: Tent City USA
BIS Warns Of Great Depression
Corporate Bond Yields Hit Six-Year High
UK Inflation at 10 Year High
Renters, Soldiers Feel the Pain of Foreclosure
Bankruptcy Rising Among Seniors
Airplanes of the Future Could Be Self Healing
Monday June 16, 2008
Best news of the week: (maybe the century!)
Japanese Company Shows Off Car Powered Solely by Water (with video)
WikiPedia's Report on the Company - Genepax
But the Era of Free Trade May Be Ending
Friday June 13, 2008
ABC News: Ron Paul to End Campaign, Launch New Effort
(See article, p3 & 4 for extensive quotes from M. Nystrom)
Ron Paul's New Site: The Campaign for Liberty
Kucininch: Judiciary Committee Must Begin Review of Impeachment Articles
Foreclosures Rise 48% in May
CPI Up Big Due to Surging Food, Energy
Oh No! Here come the politicians, meddling in markets they don't understand:
"Just this week, Senator Joseph I. Lieberman, the Connecticut independent, said he was working on a proposal to ban large institutional investors from the commodity markets entirely."
The Specter of Default Haunts Argentina (Again)
Bad Tomato Outbreak Hits More States
Hong Kong Shares Slide - End Week Down 7.4%
Wednesday June 11, 2008
Boo Hoo: Bush Regrets His Legacy as a 'War President'
Papers Please! TSA Bans ID-less Flight
Video: Ron Paul Will Host His Own Convention in September
WSJ: Weak-Dollar a Threat to World Order
NYT: Concerns on Economy Shift to Inflation
Robert Shiller: Infectious Exuberance
Feds Seek $200 Million in Refunds For Deceptive, Subprime Credit Cards
Standing Up for Workers Rights in Japan
Tuesday June 11, 2008
* Kucinich Introduces 35 Articles of Impeachment Against President Bush *
The Day the Slacker Died
Bernanke: Slowdown will Bring Down Inflation
Ranks of Underinsured are Rising
UK Traders Predict House Prices Will Fall by 50% in 4 Years
Oil Shortage a Myth, Insider Says
‘Perhaps 60% of Today’s Oil Price is Pure Speculation’
Credit Crisis Expands, Hits All Kinds of Consumer Loans
NewsWeek: It is Worse Than You Think
Monday June 9, 2008
Mike Whitney: The Remorseless Algebra of a Deflationary Death Spiral
Wealth Evaporates as Gas Prices Clobber McMansions, SUV Makers
Mish: How Safe is My Gold?
Does Surge in Gold Signal War?
Ch..ch...ch...changes: Walmart Gets into Record Label Biz
Business Week: The Next Real Estate - 2009
Friday June 6, 2008
Why are Democrats Giving Bush a Green Light on Iran?
Israel Attack on Iran "Unavoidable"
Crude Oil Surges
US Unemployment Surges Most in Two Decades - .5%!
Mish: Fed Governors Openly Question Bernanke's Competence
iTulip: Conundrum of the Century: Inflation versus Credit Crunch
Study Calls for 'Energy Revolution'
Thursday June 5, 2008
Clinton Ready to Endorse Obama (Finally!)
Mortgaging America: America For Sale
Lawrence Lindsay: It Is Only Going to Get Worse
Return of the Credit Crisis: Did It Ever Leave?
Wall Street to Shed Up To 25,000 Jobs
Airline Industry Faces 'Worst Crisis Since 9/11'
Wednesday June 4, 2008
* VIDEO: THE CASE FOR THE PROSECUTION OF GEORGE W. BUSH FOR MURDER *
Video: The Difference Between a Democracy and a Republic
Beekeepers Report Continued Heavy Losses From Colony Collapse Disorder
Credit crunch and soaring oil prices will pale in comparison to looming food catastrophe
Nystrom: The Second Great Depression Visits Detroit
Detroitblog: The Good Side of Detroit
Restructuring America's Suburban Dream
Post Hoc, Ergo Propter Hoc? Deadly, Deceptive, the Oil/dollar
United Airlines Continues to Shrink
GM, Ford, Chrysler Lose Sales of 1 Million Pickups, SUVs a Year
GM Says Volt is a Go for 2010
Lehman Denies - REPEAT: DENIES - Liquidity Problems (Didn't Bear Stearns do that, too?)
Traders Betting on Lehman's Collapse
Bernanke Favors a Strong Dollar
A Modern American Tale of Leaving the Rat Race For Peace & Self Reliance
Bargain Hunting is a Lifestyle for Frugalists
Tuesday June 3, 2008
Mike Whitney: Economic depression in America: Evidence of a withering economy is everywhere
America's Recession Could Slip to Depression
Nystrom: The Second Great Depression Visits Detroit
US News: Peter Schiff's Worst Case Scenario
Economist: America's Housing Prices Falling Faster than During Great Depression
Corporate Bankruptcies Increase As More Near "Financial Disaster"
GM Closing 4 More Plants in North America
Bernanke Signals Discomfort With Weak Dollar (But what's he going to do about it?)
Gambler's Play: Short Apple
Monday June 2, 2008
Second Great Depression in Detroit
US Accused of Holding Terror Suspects on Prison Ships
US Closing Collapse Gap with USSR
Indefensible Spending
The Bubble of All US Bubbles
Goodbye Education: No More Student Loans for Two Year Colleges
Speculative Oil Margins Tripled to Curb Speculators!
Dividends May Be in Jeapordy at Three Dozen Companies
Market Turmoil to Last "Months" - Paulson
Boston Home Prices See Sharp Decline
WSJ: Pinched Consumers Scramble for Cash
Fed's Inflation to Fuel New Bubbles
Meet Your Competition: The World's Hardest Working Countries
Friday May 30, 2008
Feds Probing Oil Market
CNN/MSNBC reporter: Corporate executives forced pro-Bush, pro-war narrative
McClellan's Book on Bush Races to #1
US & European Debt Markets Flash New Warning Signals
Soros: World Facing the Most Serious Recession of Our Lifetime
Contraction: 36 Retailers Closing Chain Stores
October Fed Rate Hike in the Cards
Harvard, Yale Expanding Engineering Schools to Compete With China
19,000 GM Workers Take Buyout
Americans Record $4 Gas Price Remains a Bargain in Europe
Thursday May 29, 2008
Former White House Spokesman: Bush Used Propaganda to Sell War
Pentagon Watchdogs Swamped by Military Spending; $152 Billion a Year Goes Unaudited
American Science Now Relies on the Kindness of Strangers
Reinventing Collapse - Introduction
Washington Post: The Fading of the Mirage Economy
Economic Growth Picks Up Slightly in First Quarter
Dallas Fed's Fisher: Rate Hikes Could Come Sooner, Not Later
UK Home Values Drop Most on Record
Ethanol Exit Plan Under Debate
Wednesday May 28, 2008
* * When Change Is Not Enough: The Seven Steps to Revolution * *
NYT: With Bold Steps, Fed Chief Quiets Some Criticism
SB Kayser: The Final $olution
US Home Prices Fall at Record Pace...
...As Sales Rise
Gary North: The Next Attack on Gold Has Begun
Native Americans Buying Back Land With Casino Profits
GE Aims to Cut Global Water Usage
Tuesday May 27, 2008
Marketwatch Video: A Rocky Ride Ahead for Markets
Record Gas Prices for 20 Straight Days! Prices Top $4 in 11 States
Sharpest Decrease Ever! American Driving Down a Historic 4%!
Germany Calls for Ban on Oil Speculation
Soros: Rocketing Oil Price is a Bubble
When Will Americans Realize the World Has Changed?
Auto Industry Feels the Pain of Tight Credit
83,000 Global Financial Layoffs in One Year; Worst Yet to Come
Out of a Job and Out of Luck at 54
Bank Failures to Surge
Inflation Running at 11.6%, Measured in Pre-1983 Terms
Kunstler: Anxious Hiatus
Google, Chevron, Goldman Build Mirrors in Desert to Beat Coal w/ Solar
Thursday May 8, 2008
The September 11 Television Archive.
Pick an hour, pick a channel, watch it as it happened, including commercials. Fascinating.
Poor Shoppers Seeking Bargains Boost WalMart, Costco
Mega Pastor John Hagee: "The end of the world is rapidly approaching . . . Rejoice and be exceeding glad."
At 60, Israel Achieves a Prosperity It Cannot Manage to Enjoy
US Wind Industry on Pace for Record 2008
Central Bank of Canada Will NOT Rescue Banks in Crisis
California Screaming: Tales From the Housing Bust
Wednesday May 7, 2008
Devvy Kidd: Do You Have a [Personal] Plan?
America 1937: World's Highest Standard of Living [Picture]
Fed Rate Cuts Boosting Food Prices
KC Fed President Hoenig Says Inflation Serious - Rates Must Rise
Paying for Greenspan's Lunch
Jeremy Grantham: Paging Paul Volker
Signs of an Upturn for the Dollar
Economists Criticize Clinton, McCain Gas-Tax Plans
Tuesday May 6, 2008
The Gospel of Consumption And the Better Future We Left Behind
How To Save Millions of Lives and Make Billions in Profits
Bolton: Striking Iran 'the most prudent thing to do."
Clinton Agrees With McCain on Long Term Presence in Iraq
What Uncle Sam Giveth (Tax Rebates) OPEC Taketh Away
Stocks Decline After Microsoft Pulls Yahoo Bid; Oil Hits 120
US Business Bankruptcies Increase 49%
Welfare Rolls Begin to Grow Again After Decades of Declines
UBS to Cut 5,500 Jobs, Sell Assets
NYT: Doubts Raised on Fannie, Freddie
Goldman: Oil 'Likely' to Reach $150 - $200 in 6 - 24 Months
Australian Wheat Output May Increase 92%
Monday May 5, 2008
Time: How Much Did Rumsfeld Know?
Bernanke, Geithner Facing More Bailout Demands After `Rogue' Bear Rescue
Asia Getting Fed Up With Bernanke's Rate Cuts
Slavery and Involuntary Servitude
Newsweek: The Post American World
Alan Newman's Crosscurrents: Where are the Investors?
Asia Fears Lost Decade, Unrest from Food Price Shock
Japanese Pay Less for More Health Care
Friday May 2, 2008
Helen Thomas: * Bush Admits He Approved Torture *
Port Strike Closes West Coast as Workers Protest Iraq War!
Gloom Gives Way to (Premature?) Optimisim on Wall Street
Sucker Rally on Wall Street
Gulf States May End Dollar Pegs
US Loses 20,000 Jobs in April; Unemployment Rate Falls to 5%
Fed Joins With European Central Banks to Battle Credit Crisis ...
... Expands Liquidity Operations
CNBC: 'Great Depression on Wall Street'
Bank of America May Balk on Countrywide Debt Guarantee
Home Depot to Scale Back, Close 15 Stores
S&P Stops Rating Some Mortgage Bonds
Sun Micro Has Surprise Loss; Shares Plunge
US Small Car Sales on the Rise - Big Time
Thursday May 1, 2008
US Bombs Somalia
Global Warming Rage - We Drive, They Starve
WSJ: Fed Cuts, Signals a Pause
Bloomberg: Fed Cuts Rates, Ready for a Breather
Crudele: Fed Running Out of Room to Help Economy
Kasriel: Recession is Here, Now
US Foreclosures Spike 112% - No End in Sight...
...No Sign of a Bottom
Americans' Income Gains Eroded by Inflation in March
US Firms Layoff 90,000 in April - 19 month high - Led by Financial Firms
Low Consumer Spending Taking Toll on Economy
Starbucks Earnings Fall 21%
Dollar Hits 5 Week High vs. Euro after Cut
Richard Russell Says the Bottom is In
Wednesday April 30, 2008
Ron Paul's New Book #1 on Amazon, #7 on NYT Nonfiction List
Nystrom: Bernanke's Character Test: Pre Fed Meeting Jitters, Indeflation, and a Prediction
Nystrom: Bernanke's Character Test: Pre Fed Meeting Jitters, Indeflation, and a Prediction
* CBS News: Pentagon Developing New Options For Attacking Iran *
Cheney Asserts Complete Immunity from Congressional Oversight
Bush: Rip Up the Earth! Find Me that Oil!
John McCain - Worth $100 - Draws an Annual $58,000 Tax-free Disability Pension from the Government
Now Fertilizer in Short Supply
Economy Probably Expanded At Slowest Pace in Five Years
Buffett: Economy in Recession - Will Be Worse than Feared
Bernanke May Have More to Do to Ease Jump in Bank Funding Costs
Bill Gross: Fed Rate Cut Would Do More Damage than Good
Revenue Down, $3.25B Loss for GM Last Quarter
Government's Effort to Make Jumbo Loans Easier Has Made it Harder
Gloomy in Japan
Berners-Lee: Web Still in Infancy
Treasury Needs More Money: Bringing Back the 1 Year Bill
Tuesday April 29, 2008
Compelling Reasons For Fed to Halt Interest Rate Cuts
Inflation Fear Factor Easing...
Rising Taxes - Not Mortages - Primary Cause of Middle Class Squeeze
Home Prices Down 12.7% in Feb
Fed's Bear Stearns Bailout: "The Wost Policy Mistake in a Generation"
Pandit: "Closer to the End" Means No Escaping LBO Loans
OPEC Says Oil Could Hit $200
GM to Cut 3,500
Stiglitz: Greenspan, Bush to Blame for Crisis
Shell, BP - Combined $14 Billion In Profits Last Quarter
Monday April 28, 2008
* Ron Paul's New Book - 'The Revolution: A Manifesto - Available NOW!*
Ron Paul Campaign Dominates Nevada GOP Convention
Chalmers Johnson: The Pentagon Strangles Our Economy: Why the US Has Gone Broke
Amnesty's Unsubscribe Me Video Short Reenacts CIA Waterboarding - Coming Soon to a Theater Near You
Paying Cash? That'll Cost Extra
Nystrom: Land of the Robots
Ignore the Nonsense that the Credit Crisis is Over
Bernanke May Have to Follow Volker to Avoid Being Tagged Burns
Danger: Fixing Wall Street Hazardous to Earnings Growth
FT: Global Adjustment Will Be Long and Painful
Peter Bernstein: One Guy Who's Seen It All Doesn't Like What He Sees Now
New York Times Sunday Circulation Drops by 9.2%
RBS May Cut 7,000 Investment Banking Jobs
Golden Years of Television Find New Life on Web
Friday April 24, 2008
* Ron Paul's New Book - 'The Revolution: A Manifesto - Available NOW!*
Peggy Noonan: America is Pissed! (Aren't you?)
Africa's Wheat Crop Failure Could Be Total
Mass Firing of Journalists Coming to NY Times
Why This Crisis is Far From Finished
Many States Appear to Be in Recession...
...Budget Gaps Loom
Student-Loan Investors Stuck With 0% Rates as Auctions Fail
Pain of Foreclosure Spreads to the Affluent
Inflation Returns to Japan
UK Banks Lose Overdraft Charges Case
HR 946 Aims to Do the Same in US
Matt Simmons: The 21st Century Energy Crisis Has Arrived
Thursday April 24, 2008
Helen Thomas to White House Spokesliar: "How can you say we don't torture when we have photographs?"
FBI Wants Widespread Monitoring of 'Illegal' Internet Activity
Feds Meddle In Brewer's Choice of Beer Name (Weed)
Restaurants Feel Sting of Surging Costs, Debt
Whirlpool Posts Lower Profit; Warns on Year; Stock Down 9%
Apple Profit Jumps 36%
Amazon Gains in Slowing Economy - Revs up 37%
Ford Has a $100 Million Profit - Thanks Global Economy & Weak Dollar!
US New Home Sales Plunge More than Expected
US Regulator Fears Wave of Bank Failures
Mike Whitney: Enough with the Rate Cuts Already!
Howard Ruff: It is Too Late. Hyperinflationary Depression on the Way
FTSE Slouches Toward 6,000
London Hit With Moody's "Code Red"
Wednesday April 23, 2008
The Era of Cheap Food is Over
Americans Hoard Food as Industry Seeks Regulation of Speculation
Climate Change May Put World to War
California Foreclosures Surge 327%
Target's Credit Card Defaults Jump
Land of the Free: 5% of the Population, 25% of the Prisoners
All Electric Car (from Norway) Set for US Sales in 2009
Tuesday April 22, 2008
NYT Video: Behind Rice Shortage - Australia's Drought
Video: The Fabulous Life of John McCain
Iacocca: This is America, not the damned 'Titanic'
Kunstler: Blind Spot
UPS, FedEx Decline Signals No Imminent Rebound From Recession
Gas Hits $3.50 - Little Sign of Relief in Sight
Wage Erosion Cutting Deeper in US
FT: Road to Ruin. America Ponders the Depths of Downturn
The New Ghost Towns of Minnesota
China Overtakes US as World's Second Biggest Exporter
Can Bernanke Stop the Credit Crunch?
Island Nation of Japan Runs Out of Butter. A Dire Warning for Us All
Business Week: There is No Gas Shortage. But Powerful Interests Want You to Believe There is.
Fannie & Freddie: The Trillion Dollar Ticking Time Bomb
Monday April 21, 2008
Salon / Greenwald: US Media Deceitfully Disseminates Government Propaganda
Food Rationing in the US
George Will: Wall Street Socialism - A Brave New Fed
Teens Turn to Thrift as Jobs Vanish and Prices Rise
Bank of America Net Income Falls 77%
Attacks Send Oil to Record $117
US Auction Rate Market Disappearing
Bank of England Reveals Special New "Liquidity Scheme"
Amid Strong Farm Economy - Dire Signs
Worked Over and Overworked - Chapter 1
CU's Pot Smoke Out Draws 10,000 to Light Up
Thursday April 17, 2008
Reaction to Last Night's ABC Democratic Debate
Feds to Collect DNA from Everyone They Arrest
The Pentagon's $1 Trillion Problem (Where's the money?)
So Much for Peak Oil...
Oil Futures Jump to Record $115
As Australia Dries, A Global Shortage of Rice
Sickened Pork Workers Have New Neurological Disorder
Retailers Get Stingy With Data
Housing Starts Slide ot Lowest Level in 17 Years
Foreclosures Expected to Get Worse
NYT: "US Inflation Appears to Be Retreating" (What are they smoking?)
Jim Willie: Liars, Wall Street and Your Gold
Mobius: Credit Crisis Near End. Time to Buy!
Wednesday April 16, 2008
Bush the Most Unpopular Post War President Ever
80% of Arab World Has Negative View of US
Obama Would Ask His AG to "Immediately Review" Potential Bush War Crimes
"People are rejecting Hillary Clinton's attacks"
The Real Good Life: An Entire Village Turns Against Supermarkets to Grow Own Food
Dollar Falls to Record Low vs. Euro
Der Spiegel: The Madness of Ben Bernanke
Price of Oil, Gas Hit New Highs
The Next Mortgage Crisis
Businesses Get Big Tax Breaks in Housing Bill
Banking Supervisors Move to Gird International System
Big Mags See Ad Page Dwindle...
Fears of Long Recession Rising
Coming Soon to a Bank Near You: The $57 Overdraft Fee?
Top Hedge Fund Manager Rakes in $3.7B
The Price of Oil Hasn't Budged Since 2001 -- Priced in Gold
Tuesday April 15, 2008
FT: US Credit Rating Under Threat
Stupiditiy, Fuel Choices & Food Crises
Riots, Instability Spread as Food Prices Skyrocket
IMF Alert on Starvation and Civil Unrest
Egyptians Cannot Afford Daily Bread
Food Riots 'An apocalyptic warning'
Oil Hits $113
March Wholesale Prices Soar
Cascading Retail Bankruptcies as Recession Takes Hold
Bear Market Rally Fooling No One
Goldman Sachs and Wells Fargo Warn "Delusional" Investors on Stocks
US Foreclosures Jump 57 as Homeowners Just Say No
Youngstown Ohio: The Incredible Shrinking City
Bulging Prisons Drain Michigan's Budget
And
Okay guys, it looks like I'm going to be a little to busy in the next few weeks to keep the site updated. To see why, check out what I've been up to.
For excellent news, discussion and a very smart and kind community of people, visit me and the rest of the family at the Daily Paul.
Thank you.
Michael
Wednesday August 13, 2008
Turk & Rubino: What is Money?
Panzner: All Wet
Mish: $500 Billion Down, $1.5 Trillion to Go
Fed Auctions $25B in Loans to Combat Credit Crunch
Biggest Drop in US Oil Demand in 26 Years
Japan Economy Shrinks 2.4% - Recession Looms
Asian Stocks Slide...
China Retail Sales Rise 23%!!!
As US Retail Sales Drop
Aussie Bank to Bring America's Biggest Bankers to Their Knees?
One Third of Home "Owners" Owe More than House is Worth!
Monday August 11, 2008
Crude Oil Falls to 14-Week Low
Pieces Might Be in Place for Dollar to Sustain Gains
Dollar At a Crossroads Amid Brighter US Outlook
China to Overtake US as Largest Manufacturer
Housing Bust Leads to Lost Sovereignty
Giant Retailers Look to Sun for Energy Savings
FDIC Fund May Have to Raise Premiums
Bond Vigilantes Who Gave Bush a Pass May Ambush Obama or McCain
Media Outlets Losing Money From Lack of Auto Ads
Monday August 4, 2008
Pickens, Gore Sidestep Differences in Alternative Energy Quest
Travelers' Laptops May Be Detained At Border
Ron Paul Sponsors 'Secure Our Data Act'
Mish: Deleveraging Risk High And Growing At Lehman
Gasoline Falls to 11 Week Low
Oil Prices Drop Nearly $4
CRB Index Biggest One Day Decline Since March...
But Inflation Still Rising...
And the Recession Will Be Long!
Housing Lenders Fear Bigger Wave of Loan Defaults
Royal Bank of Scotland Poised for Biggest Loss in UK Banking History
Thursday July 31, 2008
The Alternatives to Capitalism
Massachusetts Says Merril Defrauded Auction-Rate Investors
Mish: Credit Crunch Reaches Critical Mass
Video: Hydrogen is the Wave of the Future!
The Credit Problem
GM to Cut 15% of North American Salaried Workers
Economy Contracted in 4Q 2007
But Grew in 1Q 2008
Internet Addiction on the Rise
Tuesday July 29, 2008
Global Trade Talks Collapse
White House Cuts US GDP Growth Forecast to 1.6%
US Housing Prices Drop by Record 15.8% in May
BBC: America's House Price Time Bomb
Consumer Confidence Hovers Near 16 Year Low
No More Leases from Chrysler Financial
Our Empire of Debt is Collapsing
IMF: No End in Sight to Credit Crisis
Merril Unloads CDOs at .22 Cents on Dollar
Dollar Jumps to One Month High...
...As Crude Falls to Three Month Low
Monday July 28, 2008
Gallup: Obama Leads McCain by 8%
Administration Official Projects Record Budget Deficit: $490 Billion
US Stocks Hammered by Bank, Housing Woes
New York Governor Warns of Worst Economy in Decades
US Banks "Saying no to nearly everyone" for loans
Cutting to the Bone, Airports Shutting Lounges
'Stealth' Housing Bailout: It's Bigger Than You Think
Fleck: The Repugnant Bailiout Nation
Mish: Ten Phases of the Bear Market
Banks Back Paulson's Plan for Covered Bonds
Amgen Profit Beats Estimates
Friday July 25, 2008
House Judiciary Committee Impeachment Hearings Today
Schools Eye Four Day Week To Cut Fuel Costs
Cancer Chief Warns of Cell Phone Risks
Nystrom: Apple Short Update
Turk: The Last Plane Account
Asian Stocks Fall Most in Six Weeks
Japanese Inflation Hits 10 Year High
N.Y. Sues UBS Over Auction Securities
America's Largest Savings and Loan Could Be Cut to Junk
Desperate Banks Selling the Family Jewels
Mexican Peso Climbs to Six Year High vs. Dollar
Back to School Buying Pinched
NY Times Special: America Drowning in Debt
Rubino: How to Trade Foreign Stocks
Thursday July 24, 2008
Commedian Lewis Black: End of Empire Sale! Eveything Must Go!
Fertilizer Prices Increase 235% Over Past Year
Schwarzenegger Threatens Minimum Wage for State Workers
Mass Woman Kills Self Over Foreclosed Home
Back Half of the 500 Year Housing Hurricane - It Only Gets Worse
Newsweek: Why It's Worse Than You Think
No Bottom Yet for Ailing Financials
More Banks Skirting Failure
Ford: $9 Billion Loss
Tuesday July 22, 2008
Ron Paul Announces the Rally for the Republic
Rubino: Time to Start Honing the Message
Wachovia Loses $8.9B, Cuts 6,350 workers, Dividend
United to Cut 7,000 Workers; Fuel Costs Soar
American Express Hits the Skids - Won't Meet Targets Until Economy Improves
Bailouts May Cost Taxpayers $25 Billion
Housing Market Far from Bottom
Paulson Urges Americans to Be Patient
Product Placement Making Its Way Into the News!
Half a Million Plastic Coffins Spotted in Georgia
Monday July 21, 2008
Corporate Media Blackout As War, Impeachment Looms
Glenn Greenwald: Rendering Public Opinion Irrelevant
US Gives Iran Two Weeks...Or Else
The Sad Road to Socialism
Hemlines Plunge. Can Recession Be Far Behind?
Investors Await Apple Earnings; Jobs Health Report
And so, how do they explain global warming on Mars?
Global Economy at Point of Maximum Danger
Death of the Free Internet is Imminent
Given a Shovel, Americans Dig Deeper Into Debt
Introducing...The $100 Billion Bank Note
Commercial Bankruptcies Soar
Riots in Pakistan As Market Tumbles
Credit Seen Drying Up for Small Business
America: Too Big to Fail?
Friday July 18, 2008
Why Karl Rove Should Go to Jail
Rove Executive Privilege Claim Won't Stand Up in Court
Kucinich: "In a free nation, nothing is more important than the truth."
Nine Republicans Break Party Ranks: Send Impeachment Article to Judiciary for Hearings
Video: Kucinich Impeachment Battle No Longer So Quixotic
Kucinich Says Unidentified Foreign Official Wants to Speak at Impeachment Talks
Phil Gramm's UBS Problem
GM's Pain Hits Retirees
85% of US Unhappy With Economy
Thursday July 17, 2008
Kucinich: "In a free nation, nothing is more important than the truth."
Nine Republicans Break Party Ranks: Send Impeachment Article to Judiciary for Hearings
Video: Kucinich Impeachment Battle No Longer So Quixotic
Kucinich Says Unidentified Foreign Official Wants to Speak at Impeachment Talks
Inflation Grows At Fastest Pace in 27 Years
John Rubino: The Wall Street Journal Senses That Something Is Wrong
Opposition from Both Parties Over Bailout Plan
Suddenly Everyone Agrees With Ron Paul!
Roubini: The Worst Is Just Ahead
Asia Times: The Next Big Wave is Breaking
Tuesday July 15, 2008
Jesse Ventura: Government Out to Destroy the Middle Class
Karl Rove Defies Congressional Subpoena: "My Lawyer Says Its Okay"
Kucinich May Get Hearing on Impeachment
Wholesale Prices Soar in June; Sales Sluggish
Bernanke: Risk to Both Growth and US Inflation
Here Comes the Jobs Crash
Kunstler: Event Horizon
GM on the Brink
Oil Falls $8
Viacom 'backs off' YouTube Demand
Point/Counterpoint: I Am So Starving
Monday July 14, 2008
Bush Backs Israeli Plan for Strike on Iran
Kucinich: "How many more hearings do we need to have to prove this administration has violated the Constitution?"
MSNBC Video: War Crimes Prosecutions Possible
Oil Spikes Back Up to $145
Fed Closes Barn Door After Horses Have Escaped
The Biggest Transfer of Wealth in History
"If You're a Socialist, You Should Be Happy"
Not just dollars - American Lives Worth Less Today, too
More Banks Will Fail
Jim Rogers: Bailout Plan an "Unmitigated Disaster"
Apple Sells 1million New iPhones!
Thursday July 10, 2008
FISA: The Fix is In
Presidential Elections: 1980 All Over Again
G8 Food Shortage Summit to the World's Starving Masses: "Let them eat sushi!"
Former Fed Regional President Poole: Fannie, Freddie Insolvent.
US Foreclosures Rose 53% in June
Mish: Confessions of a Former Inflationist
Aden Sisters See Dow Falling to 10,000 or Lower
Tuesday July 8, 2008
The FISA Thread
Obama, FISA and the Netroots
Strip Mall Vacancies Spike to Levels Last Seen in 1995
Fannie Mae, Freddi Mac Plunge on Credit Concerns
Bernanke: Fed to Extend Wall Street Lending Access
US Businesses Bankrupties Soar 33%
Kunstler: Where We're At
World Stock Markets Hit 21 Month Low
Siemens to Cut 16,750 Worldwide
T.Boone Pickens Wants to Supplant Oil With Wind
Largest Rooftop Solar Array on Earth Set for Spain GM Plant
Monday July 7, 2008
"Public" Online Spaces Don't Carry Free Speech Rights
Video: The People Running the Show Have No Idea What's Going On
Investors Anxiety Builds as Retirement Next Egg Shows Cracks
WSJ: The Credit Crisis is Going to Get Worse
Is This Economy Worse than Past Recessions?
As Inflation Soars, Elderly Face Starvation
Fed's Credibility on the Line
Fleck: Global Economy Won't Bail Out the US
European Manufacturing Drops as Growth Slows
Shares Tumble as Global Bear Takes Grip
How Bad Can it Get?
America's Top Growing and Disappearing Jobs
Toyota to Equip Prius with Solar Panels
New Contact Lenses Will Project Data Right Onto Your Eyeball
Thursday July 3, 2008
McCain: 'I never said I don't know much about economics'
Forecast for US Workers: Gloom
US Service Sector Slump Rings Recession Alarm Bells
Modern Day Ghost Towns Appearing in West
Oil Nears $146
Another Banking Institution Predicts Problems
World Entering Danger Zone: World Bank
Nikkei Down for 11th Session in a Row!
Citibank Says Gold Could Triple!
Tuesday July 1, 2008
Political Freelancers Use Web to Join the Attack
Where Does the Word "Bailout" Appear in the Constitution?
Global Stocks Close Dismal First Half; Outlook Grim
BIS: Global Economy Could Face Deeper Downturn
UK House Prices Won't Recover Until 2015!
Fleck: The End of the Superbubble
Credit Card Crisis Next for America
Kunstler: Not Your Grandma's Depression
A Look at An Unsustainable Advance (Oil) and A Double Non-Confirmation (Dow Theory)
The Greenspan Gamble and the Rise of the "Super Fed"
GM Shares Near 54 Year Low
Chrysler to Close Another Plant, Reduce Output
Detroit's Mood Grim as Automakers Face the Brink
Remember What Happened to England's Once Thriving Auto Industry?
Global Study Finds People Happier Today than 25 Years Ago
Gene Editing, Anyone?
California Could Legalize Weed for All
Monday June 30, 2008
MUST SEE: Startling Images from Iran You Don't See Every Day
Oil Rises to Record on Concern over Iran
Seymour Hersh: Bush Regime Steps Up Its Secret Moves Against Iran
Dow Crash, Dollar, Gold and WAR!
Barclays Warns of Financial Storm as Fed's Credibility Crumbles
BIS Warns of Deep Global Slowdown and Deflation
IMF to Conduct General Examination of US Financial System
Volker: Central Banks Should Not Lose Focus on Inflation
Travelers Face Deep Flight Cuts by Summer's End
Friday June 27, 2008
No ice at the North Pole This Summer
Ron Paul Speaks Out Forcefully Against War with Iran
What War With Iran Would Mean
Oil Surges Above $140
Stocks Plunge
Thursday June 26, 2008
Dr. Ron Paul Cordially Requests Your Presence at the Revolution March - July 12, 2008 in DC
The Attack on Iran and the Coming Catastrophe
Fed Shifts Its Concern to Inflation
Texas Real Estate Slump Lets Mexicans Take It Back
Volvo Soon to be Sold to ... China?
American Express Reaps Bounty from Visa, Mastercard; Sees Credit Conditions Worsening
Wired: The Data Deluge Makes the Scientific Method Obsolete
Tuesday June 24, 2008
Fed Meeting Announcement Tomorrow: 2:15pm ET
Consumer Confidence Plunges to Lowest Level in 16 Years
US Home Prices Fall 15% in April - Four Years of Gains, Gone
Housing Slump a Prelude to Recession
Consumer Pain Extends Beyond the Pump
Inflation "Psychology" Troubles Central Banks
Divisions Emerge at the Fed
The Market Created the Money, Not the State
Japan to Cut the Cost of Solar Power by 50%
China, Taiwan to Begin Direct Flights
Monday June 23, 2008
Bush Might Bomb Iran if He "Thinks Obama is Going to Win"
MoveOn to Obama: Keep Your Word, Filibuster Telecom Immunity
George Carlin is Dead at 71
Reporters Say Networks Put Wars on Back Burner
Citigroup May Cut 10% of Global Investment Banking Staff
Asian Stocks Fall to Three Month Low
Brokers Threatened by Run on Shadow Bank System
Thirty Years On, Inflation Makes a Global Comeback
California Unemployment Hits 6.8%
Shortages Hit California Food Banks as Schools Recess
Big Shakeup Proposed for the Internet
Friday June 20, 2008
Market Catastrophe
Big Oil's Iraq Payoff: Exxon Mobil, Shell, Total and BP — the original partners in the Iraq Petroleum Company — are in talks for no-bid contracts to service Iraq's largest fields
FISA Bill Eviscerates the Fourth Amendment
Kucinich Threatens 60 Impreachment Articles if Judiciary Doesn't Act
Senate Housing Bill Requires eBay, Amazon, Google, and All Credit Card Companies to Report Transactions to the Government
Midwest Flooding will Inflate Grocery Bills Across the Board
Ex Bear Stearns Managers Indicted for Fraud
Central Bank Has Lost Control of Credit Crisis
Bill Gates: "Most of our competitors were poorly run"
Thursday June 19, 2008
Japan Gripped by Suicide Epidemic
Bank Writedowns May Reach $1.3 Trillion
Paulson to Urge New Fed Powers
Free Trade On the Ropes Amid Shortages
Wednesday June 18, 2008
Bush, McCain Push to End Offshore Drilling Ban
Obama's Veep - A Republican?
Ross Perot is Back! With a New Website: Perot Charts
** Bloomberg: Fed's Bear Stearns Books Look Prime for Cooking **
Morgan Stanley Warns of "Catastrophic Event" as ECB Fights Federal Reserve
Detroit's Sinking Sales Take a Toll on Dealerships
The Sad Tale of Chrysler's Impending Failure
As Costs Rise, Vietnam Becomes the New China
Wooden Nickels and Steel Pennies
* Elliott Wave's Free Week Starts Today at Noon *
Tuesday June 17, 2008
Colin Powell Slams Bush
What’s The Difference Between Lehman Brothers & Bear Stearns? Lehman’s CEO Sits On the Board Of The NY Fed
May Producer Prices Gain 1.4%! Energy Surges 4.9%
Mish: Tent City USA
BIS Warns Of Great Depression
Corporate Bond Yields Hit Six-Year High
UK Inflation at 10 Year High
Renters, Soldiers Feel the Pain of Foreclosure
Bankruptcy Rising Among Seniors
Airplanes of the Future Could Be Self Healing
Monday June 16, 2008
Best news of the week: (maybe the century!)
Japanese Company Shows Off Car Powered Solely by Water (with video)
WikiPedia's Report on the Company - Genepax
But the Era of Free Trade May Be Ending
Friday June 13, 2008
ABC News: Ron Paul to End Campaign, Launch New Effort
(See article, p3 & 4 for extensive quotes from M. Nystrom)
Ron Paul's New Site: The Campaign for Liberty
Kucininch: Judiciary Committee Must Begin Review of Impeachment Articles
Foreclosures Rise 48% in May
CPI Up Big Due to Surging Food, Energy
Oh No! Here come the politicians, meddling in markets they don't understand:
"Just this week, Senator Joseph I. Lieberman, the Connecticut independent, said he was working on a proposal to ban large institutional investors from the commodity markets entirely."
The Specter of Default Haunts Argentina (Again)
Bad Tomato Outbreak Hits More States
Hong Kong Shares Slide - End Week Down 7.4%
Wednesday June 11, 2008
Boo Hoo: Bush Regrets His Legacy as a 'War President'
Papers Please! TSA Bans ID-less Flight
Video: Ron Paul Will Host His Own Convention in September
WSJ: Weak-Dollar a Threat to World Order
NYT: Concerns on Economy Shift to Inflation
Robert Shiller: Infectious Exuberance
Feds Seek $200 Million in Refunds For Deceptive, Subprime Credit Cards
Standing Up for Workers Rights in Japan
Tuesday June 11, 2008
* Kucinich Introduces 35 Articles of Impeachment Against President Bush *
The Day the Slacker Died
Bernanke: Slowdown will Bring Down Inflation
Ranks of Underinsured are Rising
UK Traders Predict House Prices Will Fall by 50% in 4 Years
Oil Shortage a Myth, Insider Says
‘Perhaps 60% of Today’s Oil Price is Pure Speculation’
Credit Crisis Expands, Hits All Kinds of Consumer Loans
NewsWeek: It is Worse Than You Think
Monday June 9, 2008
Mike Whitney: The Remorseless Algebra of a Deflationary Death Spiral
Wealth Evaporates as Gas Prices Clobber McMansions, SUV Makers
Mish: How Safe is My Gold?
Does Surge in Gold Signal War?
Ch..ch...ch...changes: Walmart Gets into Record Label Biz
Business Week: The Next Real Estate - 2009
Friday June 6, 2008
Why are Democrats Giving Bush a Green Light on Iran?
Israel Attack on Iran "Unavoidable"
Crude Oil Surges
US Unemployment Surges Most in Two Decades - .5%!
Mish: Fed Governors Openly Question Bernanke's Competence
iTulip: Conundrum of the Century: Inflation versus Credit Crunch
Study Calls for 'Energy Revolution'
Thursday June 5, 2008
Clinton Ready to Endorse Obama (Finally!)
Mortgaging America: America For Sale
Lawrence Lindsay: It Is Only Going to Get Worse
Return of the Credit Crisis: Did It Ever Leave?
Wall Street to Shed Up To 25,000 Jobs
Airline Industry Faces 'Worst Crisis Since 9/11'
Wednesday June 4, 2008
* VIDEO: THE CASE FOR THE PROSECUTION OF GEORGE W. BUSH FOR MURDER *
Video: The Difference Between a Democracy and a Republic
Beekeepers Report Continued Heavy Losses From Colony Collapse Disorder
Credit crunch and soaring oil prices will pale in comparison to looming food catastrophe
Nystrom: The Second Great Depression Visits Detroit
Detroitblog: The Good Side of Detroit
Restructuring America's Suburban Dream
Post Hoc, Ergo Propter Hoc? Deadly, Deceptive, the Oil/dollar
United Airlines Continues to Shrink
GM, Ford, Chrysler Lose Sales of 1 Million Pickups, SUVs a Year
GM Says Volt is a Go for 2010
Lehman Denies - REPEAT: DENIES - Liquidity Problems (Didn't Bear Stearns do that, too?)
Traders Betting on Lehman's Collapse
Bernanke Favors a Strong Dollar
A Modern American Tale of Leaving the Rat Race For Peace & Self Reliance
Bargain Hunting is a Lifestyle for Frugalists
Tuesday June 3, 2008
Mike Whitney: Economic depression in America: Evidence of a withering economy is everywhere
America's Recession Could Slip to Depression
Nystrom: The Second Great Depression Visits Detroit
US News: Peter Schiff's Worst Case Scenario
Economist: America's Housing Prices Falling Faster than During Great Depression
Corporate Bankruptcies Increase As More Near "Financial Disaster"
GM Closing 4 More Plants in North America
Bernanke Signals Discomfort With Weak Dollar (But what's he going to do about it?)
Gambler's Play: Short Apple
Monday June 2, 2008
Second Great Depression in Detroit
US Accused of Holding Terror Suspects on Prison Ships
US Closing Collapse Gap with USSR
Indefensible Spending
The Bubble of All US Bubbles
Goodbye Education: No More Student Loans for Two Year Colleges
Speculative Oil Margins Tripled to Curb Speculators!
Dividends May Be in Jeapordy at Three Dozen Companies
Market Turmoil to Last "Months" - Paulson
Boston Home Prices See Sharp Decline
WSJ: Pinched Consumers Scramble for Cash
Fed's Inflation to Fuel New Bubbles
Meet Your Competition: The World's Hardest Working Countries
Friday May 30, 2008
Feds Probing Oil Market
CNN/MSNBC reporter: Corporate executives forced pro-Bush, pro-war narrative
McClellan's Book on Bush Races to #1
US & European Debt Markets Flash New Warning Signals
Soros: World Facing the Most Serious Recession of Our Lifetime
Contraction: 36 Retailers Closing Chain Stores
October Fed Rate Hike in the Cards
Harvard, Yale Expanding Engineering Schools to Compete With China
19,000 GM Workers Take Buyout
Americans Record $4 Gas Price Remains a Bargain in Europe
Thursday May 29, 2008
Former White House Spokesman: Bush Used Propaganda to Sell War
Pentagon Watchdogs Swamped by Military Spending; $152 Billion a Year Goes Unaudited
American Science Now Relies on the Kindness of Strangers
Reinventing Collapse - Introduction
Washington Post: The Fading of the Mirage Economy
Economic Growth Picks Up Slightly in First Quarter
Dallas Fed's Fisher: Rate Hikes Could Come Sooner, Not Later
UK Home Values Drop Most on Record
Ethanol Exit Plan Under Debate
Wednesday May 28, 2008
* * When Change Is Not Enough: The Seven Steps to Revolution * *
NYT: With Bold Steps, Fed Chief Quiets Some Criticism
SB Kayser: The Final $olution
US Home Prices Fall at Record Pace...
...As Sales Rise
Gary North: The Next Attack on Gold Has Begun
Native Americans Buying Back Land With Casino Profits
GE Aims to Cut Global Water Usage
Tuesday May 27, 2008
Marketwatch Video: A Rocky Ride Ahead for Markets
Record Gas Prices for 20 Straight Days! Prices Top $4 in 11 States
Sharpest Decrease Ever! American Driving Down a Historic 4%!
Germany Calls for Ban on Oil Speculation
Soros: Rocketing Oil Price is a Bubble
When Will Americans Realize the World Has Changed?
Auto Industry Feels the Pain of Tight Credit
83,000 Global Financial Layoffs in One Year; Worst Yet to Come
Out of a Job and Out of Luck at 54
Bank Failures to Surge
Inflation Running at 11.6%, Measured in Pre-1983 Terms
Kunstler: Anxious Hiatus
Google, Chevron, Goldman Build Mirrors in Desert to Beat Coal w/ Solar
Thursday May 8, 2008
The September 11 Television Archive.
Pick an hour, pick a channel, watch it as it happened, including commercials. Fascinating.
Poor Shoppers Seeking Bargains Boost WalMart, Costco
Mega Pastor John Hagee: "The end of the world is rapidly approaching . . . Rejoice and be exceeding glad."
At 60, Israel Achieves a Prosperity It Cannot Manage to Enjoy
US Wind Industry on Pace for Record 2008
Central Bank of Canada Will NOT Rescue Banks in Crisis
California Screaming: Tales From the Housing Bust
Wednesday May 7, 2008
Devvy Kidd: Do You Have a [Personal] Plan?
America 1937: World's Highest Standard of Living [Picture]
Fed Rate Cuts Boosting Food Prices
KC Fed President Hoenig Says Inflation Serious - Rates Must Rise
Paying for Greenspan's Lunch
Jeremy Grantham: Paging Paul Volker
Signs of an Upturn for the Dollar
Economists Criticize Clinton, McCain Gas-Tax Plans
Tuesday May 6, 2008
The Gospel of Consumption And the Better Future We Left Behind
How To Save Millions of Lives and Make Billions in Profits
Bolton: Striking Iran 'the most prudent thing to do."
Clinton Agrees With McCain on Long Term Presence in Iraq
What Uncle Sam Giveth (Tax Rebates) OPEC Taketh Away
Stocks Decline After Microsoft Pulls Yahoo Bid; Oil Hits 120
US Business Bankruptcies Increase 49%
Welfare Rolls Begin to Grow Again After Decades of Declines
UBS to Cut 5,500 Jobs, Sell Assets
NYT: Doubts Raised on Fannie, Freddie
Goldman: Oil 'Likely' to Reach $150 - $200 in 6 - 24 Months
Australian Wheat Output May Increase 92%
Monday May 5, 2008
Time: How Much Did Rumsfeld Know?
Bernanke, Geithner Facing More Bailout Demands After `Rogue' Bear Rescue
Asia Getting Fed Up With Bernanke's Rate Cuts
Slavery and Involuntary Servitude
Newsweek: The Post American World
Alan Newman's Crosscurrents: Where are the Investors?
Asia Fears Lost Decade, Unrest from Food Price Shock
Japanese Pay Less for More Health Care
Friday May 2, 2008
Helen Thomas: * Bush Admits He Approved Torture *
Port Strike Closes West Coast as Workers Protest Iraq War!
Gloom Gives Way to (Premature?) Optimisim on Wall Street
Sucker Rally on Wall Street
Gulf States May End Dollar Pegs
US Loses 20,000 Jobs in April; Unemployment Rate Falls to 5%
Fed Joins With European Central Banks to Battle Credit Crisis ...
... Expands Liquidity Operations
CNBC: 'Great Depression on Wall Street'
Bank of America May Balk on Countrywide Debt Guarantee
Home Depot to Scale Back, Close 15 Stores
S&P Stops Rating Some Mortgage Bonds
Sun Micro Has Surprise Loss; Shares Plunge
US Small Car Sales on the Rise - Big Time
Thursday May 1, 2008
US Bombs Somalia
Global Warming Rage - We Drive, They Starve
WSJ: Fed Cuts, Signals a Pause
Bloomberg: Fed Cuts Rates, Ready for a Breather
Crudele: Fed Running Out of Room to Help Economy
Kasriel: Recession is Here, Now
US Foreclosures Spike 112% - No End in Sight...
...No Sign of a Bottom
Americans' Income Gains Eroded by Inflation in March
US Firms Layoff 90,000 in April - 19 month high - Led by Financial Firms
Low Consumer Spending Taking Toll on Economy
Starbucks Earnings Fall 21%
Dollar Hits 5 Week High vs. Euro after Cut
Richard Russell Says the Bottom is In
Wednesday April 30, 2008
Ron Paul's New Book #1 on Amazon, #7 on NYT Nonfiction List
Nystrom: Bernanke's Character Test: Pre Fed Meeting Jitters, Indeflation, and a Prediction
Nystrom: Bernanke's Character Test: Pre Fed Meeting Jitters, Indeflation, and a Prediction
* CBS News: Pentagon Developing New Options For Attacking Iran *
Cheney Asserts Complete Immunity from Congressional Oversight
Bush: Rip Up the Earth! Find Me that Oil!
John McCain - Worth $100 - Draws an Annual $58,000 Tax-free Disability Pension from the Government
Now Fertilizer in Short Supply
Economy Probably Expanded At Slowest Pace in Five Years
Buffett: Economy in Recession - Will Be Worse than Feared
Bernanke May Have More to Do to Ease Jump in Bank Funding Costs
Bill Gross: Fed Rate Cut Would Do More Damage than Good
Revenue Down, $3.25B Loss for GM Last Quarter
Government's Effort to Make Jumbo Loans Easier Has Made it Harder
Gloomy in Japan
Berners-Lee: Web Still in Infancy
Treasury Needs More Money: Bringing Back the 1 Year Bill
Tuesday April 29, 2008
Compelling Reasons For Fed to Halt Interest Rate Cuts
Inflation Fear Factor Easing...
Rising Taxes - Not Mortages - Primary Cause of Middle Class Squeeze
Home Prices Down 12.7% in Feb
Fed's Bear Stearns Bailout: "The Wost Policy Mistake in a Generation"
Pandit: "Closer to the End" Means No Escaping LBO Loans
OPEC Says Oil Could Hit $200
GM to Cut 3,500
Stiglitz: Greenspan, Bush to Blame for Crisis
Shell, BP - Combined $14 Billion In Profits Last Quarter
Monday April 28, 2008
* Ron Paul's New Book - 'The Revolution: A Manifesto - Available NOW!*
Ron Paul Campaign Dominates Nevada GOP Convention
Chalmers Johnson: The Pentagon Strangles Our Economy: Why the US Has Gone Broke
Amnesty's Unsubscribe Me Video Short Reenacts CIA Waterboarding - Coming Soon to a Theater Near You
Paying Cash? That'll Cost Extra
Nystrom: Land of the Robots
Ignore the Nonsense that the Credit Crisis is Over
Bernanke May Have to Follow Volker to Avoid Being Tagged Burns
Danger: Fixing Wall Street Hazardous to Earnings Growth
FT: Global Adjustment Will Be Long and Painful
Peter Bernstein: One Guy Who's Seen It All Doesn't Like What He Sees Now
New York Times Sunday Circulation Drops by 9.2%
RBS May Cut 7,000 Investment Banking Jobs
Golden Years of Television Find New Life on Web
Friday April 24, 2008
* Ron Paul's New Book - 'The Revolution: A Manifesto - Available NOW!*
Peggy Noonan: America is Pissed! (Aren't you?)
Africa's Wheat Crop Failure Could Be Total
Mass Firing of Journalists Coming to NY Times
Why This Crisis is Far From Finished
Many States Appear to Be in Recession...
...Budget Gaps Loom
Student-Loan Investors Stuck With 0% Rates as Auctions Fail
Pain of Foreclosure Spreads to the Affluent
Inflation Returns to Japan
UK Banks Lose Overdraft Charges Case
HR 946 Aims to Do the Same in US
Matt Simmons: The 21st Century Energy Crisis Has Arrived
Thursday April 24, 2008
Helen Thomas to White House Spokesliar: "How can you say we don't torture when we have photographs?"
FBI Wants Widespread Monitoring of 'Illegal' Internet Activity
Feds Meddle In Brewer's Choice of Beer Name (Weed)
Restaurants Feel Sting of Surging Costs, Debt
Whirlpool Posts Lower Profit; Warns on Year; Stock Down 9%
Apple Profit Jumps 36%
Amazon Gains in Slowing Economy - Revs up 37%
Ford Has a $100 Million Profit - Thanks Global Economy & Weak Dollar!
US New Home Sales Plunge More than Expected
US Regulator Fears Wave of Bank Failures
Mike Whitney: Enough with the Rate Cuts Already!
Howard Ruff: It is Too Late. Hyperinflationary Depression on the Way
FTSE Slouches Toward 6,000
London Hit With Moody's "Code Red"
Wednesday April 23, 2008
The Era of Cheap Food is Over
Americans Hoard Food as Industry Seeks Regulation of Speculation
Climate Change May Put World to War
California Foreclosures Surge 327%
Target's Credit Card Defaults Jump
Land of the Free: 5% of the Population, 25% of the Prisoners
All Electric Car (from Norway) Set for US Sales in 2009
Tuesday April 22, 2008
NYT Video: Behind Rice Shortage - Australia's Drought
Video: The Fabulous Life of John McCain
Iacocca: This is America, not the damned 'Titanic'
Kunstler: Blind Spot
UPS, FedEx Decline Signals No Imminent Rebound From Recession
Gas Hits $3.50 - Little Sign of Relief in Sight
Wage Erosion Cutting Deeper in US
FT: Road to Ruin. America Ponders the Depths of Downturn
The New Ghost Towns of Minnesota
China Overtakes US as World's Second Biggest Exporter
Can Bernanke Stop the Credit Crunch?
Island Nation of Japan Runs Out of Butter. A Dire Warning for Us All
Business Week: There is No Gas Shortage. But Powerful Interests Want You to Believe There is.
Fannie & Freddie: The Trillion Dollar Ticking Time Bomb
Monday April 21, 2008
Salon / Greenwald: US Media Deceitfully Disseminates Government Propaganda
Food Rationing in the US
George Will: Wall Street Socialism - A Brave New Fed
Teens Turn to Thrift as Jobs Vanish and Prices Rise
Bank of America Net Income Falls 77%
Attacks Send Oil to Record $117
US Auction Rate Market Disappearing
Bank of England Reveals Special New "Liquidity Scheme"
Amid Strong Farm Economy - Dire Signs
Worked Over and Overworked - Chapter 1
CU's Pot Smoke Out Draws 10,000 to Light Up
Thursday April 17, 2008
Reaction to Last Night's ABC Democratic Debate
Feds to Collect DNA from Everyone They Arrest
The Pentagon's $1 Trillion Problem (Where's the money?)
So Much for Peak Oil...
Oil Futures Jump to Record $115
As Australia Dries, A Global Shortage of Rice
Sickened Pork Workers Have New Neurological Disorder
Retailers Get Stingy With Data
Housing Starts Slide ot Lowest Level in 17 Years
Foreclosures Expected to Get Worse
NYT: "US Inflation Appears to Be Retreating" (What are they smoking?)
Jim Willie: Liars, Wall Street and Your Gold
Mobius: Credit Crisis Near End. Time to Buy!
Wednesday April 16, 2008
Bush the Most Unpopular Post War President Ever
80% of Arab World Has Negative View of US
Obama Would Ask His AG to "Immediately Review" Potential Bush War Crimes
"People are rejecting Hillary Clinton's attacks"
The Real Good Life: An Entire Village Turns Against Supermarkets to Grow Own Food
Dollar Falls to Record Low vs. Euro
Der Spiegel: The Madness of Ben Bernanke
Price of Oil, Gas Hit New Highs
The Next Mortgage Crisis
Businesses Get Big Tax Breaks in Housing Bill
Banking Supervisors Move to Gird International System
Big Mags See Ad Page Dwindle...
Fears of Long Recession Rising
Coming Soon to a Bank Near You: The $57 Overdraft Fee?
Top Hedge Fund Manager Rakes in $3.7B
The Price of Oil Hasn't Budged Since 2001 -- Priced in Gold
Tuesday April 15, 2008
FT: US Credit Rating Under Threat
Stupiditiy, Fuel Choices & Food Crises
Riots, Instability Spread as Food Prices Skyrocket
IMF Alert on Starvation and Civil Unrest
Egyptians Cannot Afford Daily Bread
Food Riots 'An apocalyptic warning'
Oil Hits $113
March Wholesale Prices Soar
Cascading Retail Bankruptcies as Recession Takes Hold
Bear Market Rally Fooling No One
Goldman Sachs and Wells Fargo Warn "Delusional" Investors on Stocks
US Foreclosures Jump 57 as Homeowners Just Say No
Youngstown Ohio: The Incredible Shrinking City
Bulging Prisons Drain Michigan's Budget
And