Financial News Update – 10/16/10

Capital region’s new home sales sink to new low (Hat Tip: ThirdWaveDave)

EPA Moves Closer to Spruce Mine Veto Costing West Virginia Hundreds of Jobs and Millions in Revenue (Hat Tip: Nancy Jacques)

Cotton Prices Surge To 140-Year High

U.S. Dollar Makes New Lows, Inflation Unplugged (Hat Tip: Jean Stoner)

CRS looks at solvency status of Social Security trust funds (Hat Tip: Jean Stoner)

SEIU-Organized Plant To Close In Pa (Hat Tip: Jean Stoner)

Ever Wonder where the hell all the stimulus money went? (Hat Tip: Jean Stoner)

The Rot Within: Our Culture Of Financial Fraud And The Anger Of The Honest

Here It Is: Ben Bernanke Makes His Case For More Action

It’s Official: Food Inflation Coming To A Grocery Store Near You

The Most Dangerous Effect Of A Currency War Isn’t Hyperinflation or Devaluation

OPEC: If America Wants To Devalue The Dollar Then It Better Be Ready For $100+ Oil

Which Currency Has Been Beating Up On The Dollar The Hardest?

Peter Schiff: “It’s Scary How Clueless Bernanke Is”


The Economic Collapse – Are You Prepared For The Coming Economic Collapse And The Next Great Depression?

11 “American” Industries That Are Dominated By Immigrants And Offshoring

Map Of The Day: Here’s Where The Labor Market Will Be Ugly For A Long Time

Jim Grant: If I Were Bernanke, I Would Resign

Singapore Suffers Shocking Worst-Ever GDP Contraction

Did Ben Bernanke Let QE Expectations Get Way Beyond Anything He Ever Intended?

Catherine Austin Fitts; NWO Economics & Wealth Destruction (Hat Tip: Brian B.)

Stop Bashing Business, Mr. President (Hat Tip: Brian B.)

The Real Horror Story: The U.S. Economic Meltdown (Hat Tip: Jean Stoner)

If Yen Is Unstoppable, So Is Dollar’s Collapse

As Goes Iceland, so Goes the EU?

John Williams Warns Of “Severe And Violent Sell-Off In Stocks” (Hat Tip: Jean Stoner)

Here Is Your Chance To Check If You Are The Victim Of Mortgage Fraud (Hat Tip: Jean Stoner)

The Bernanke Speech

Bloated Bureaucracy: Britain Cuts 200 Government Agencies

David Brooks: Obama told me “shovel-ready” was a crock…a year ago

Trichet Says Euro Region Needs `More Ambitious’ Rules to Keep Fiscal Rigor

Bernanke: Economy growing too slowly to reduce unemployment

‘Further Action’ With Too-Low Inflation

Federal deficit tops $1 trillion – again

Consumer Sentiment Falls

Damage From Mortgages Spreads

BANK OF AMERICA shares fall up to 6.5%


Teacher in Oval Office when Obama signed Education Stimulus — laid off

NY County Staring At Possible ‘Toilet Tax’

China to USA: We are not to blame for your problems

Dollar fall sparks stability warnings

Currency tensions persist


CT Blue Cross/Blue Shield to raise rates up to 47%

Fuel pipeline to Paris cut as protests escalate

Airports pipeline cut

Sarkozy sends in police

BANK OF AMERICA Downgraded by Bond Market

Stock Selloff Adds to Pressure on Banks

Washington Policy Makers Resist Calls for a Big Fix in Foreclosure Crisis

Damage From Mortgage Crisis Spreading


Financial regulators planning worldwide rules for large firms

Jim Rogers advises silver, tractors, and rice.

Drowning Homeowners Face ‘Tsunami’

Optometrists encouraged to barter.

How to Prepare for the Bond Market Bust

Securitized Mortgage Debt: The Shot That Will Kill Many Financial Entities

Currency Wars: The Phantom Financial Menace

Gold Versus Treasuries: Which Do You Believe?

$5,000 Gold = $100-$350 Silver — Here’s Why

The Fed’s Zero-Rate Policy is Destroying America

Recession Job Losses Worse Than First Thought

Foreclosure Rate Heat Map

Government Prepares To Seize Private Pensions

One third of Britons don’t have enough savings to survive just Five Days out of work

Banking Collapse Scenarios Fall/Winter 2010

Why You (Probably) Need More Gold

Pay Garnishments Rise as Debtors Fall Behind

US Housing Market Faces New Threat from Foreclosure Row

World Financial System Not Sustainable

Dollar Depreciation and the Higher Cost of Living

Earnings Reports Push Stocks Higher, Dow Up 76

Wall Street Begins to Fear Nightmare “Foreclosure-Gate”

Gold Surges After Japan Says it is Considering New QE and Geithner Guarantees Currency Wars



By: Dave Logan

Kristinn Taylor directed us to this cartoon posted at Free Republic. Taylor and Andrea Shea King have been writing extensively about Code Pink’s involvement with terror groups. “SackBoxer” was drawn by Iowa-born artist, Linda Eddy.


*Retired LTC Buzz Patterson tells the story of Code Pink and Barbara Boxer at Andrew Breibart’s BIG PEACE.


Purchase Buzz’ book at Amazon.



Loudon at “Marxism in America”

From: New Zeal

Unmasking the Progressives’ National Conference

Contact: Phil Kent, America’s Survival, [email protected]

WASHINGTON, Oct. 14 — The public policy group, America’s Survival, Inc. (ASI), announces a pre-Halloween special: a national conference on “Unmasking the Progressives.” The free once-in-a-lifetime event will cover the politically incorrect topic of “Marxism in America.” The all-day conference will be held on Thursday, October 21, at the National Press Club, First Amendment Lounge, 529 14th St NW, Washington, DC 20045, from 10 a.m. to 4:00 p.m. Lunch and refreshments will be provided. The conference is sponsored and hosted by ASI and its president, veteran journalist Cliff Kincaid.

Topics and speakers will include:

• Bringing Terrorists to Justice by Larry Grathwohl, former FBI informant in the Weather Underground.

• Paul Kengor on his new book, Dupes, and Obama’s communist mentor. (Copies of Kengor’s book will be available at a discount price).

• Why Marxists are embracing “revolutionary Islam.”

• Inside a Weather Underground bomb factory, a video interview with former FBI agent Max Noel, who investigated Bill Ayers and Bernardine Dohrn.

• Anti-communist researcher Trevor Loudon, who broke the Frank Marshall Davis and Van Jones stories.

• Professor Mary Grabar’s report on the “Bad History” of Communist “historian” Howard Zinn, based in part on the release of the FBI’s file on Zinn.

• The just-released FBI file of gay rights founder and Communist Party member Harry Hay, with commentary by veteran conservative journalist Robert Knight.

Seating is limited but free and open to the public. Reservations are requested by calling Phil Kent at [email protected] and leaving name, affiliation, and contact information. For more information, please go to www.usasurvival.org.