Alex Jones Live From Bilderberg!

“The economic disaster was driven, Ferguson writes, by a combination of “very low interest rates, pervasive dishonesty through the financial system, massive lending fraud, speculation, demand for high yield securities, and not insignificantly, a squeezed American consumer desperate to maintain living standards, and told by everyone – including George Bush and Alan Greenspan, the brokers and the banks, that home borrowing was the way to do it.”

Along the way, Ferguson debunks the right-wing meme that Freddie and Fannie Mae caused the bubble; he holds the pure private sector responsible, especially its least regulated shadow banking parts.”

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BTW how does a Christian nation condone innocent death ?

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“What’s going on here is basically a con game to suggest otherwise,” Callister said. “What do con men do? They normally try to change their name. The FDA has thankfully stopped that.”

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A sad day for tuna lovers….i guess we knew this was coming. Perhaps all the cesium laden tuna should be shipped back to Japan for sampling, it could be served with the U.N. / IAEA  approved vegetables and milk.

Makes you wonder what’s up with shrimp and other delectable fishes said to be safe from the Gulf.

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Some scientific research with a twisted edge for those who ordain their heads with tin foil.

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Now this could be a real bombshell if some real evidence could be dug up. We can only hope there are some whistle blowers out there ready to lift the veil.

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Now this is a protest i could watch all day. Much better than the tea party or #ows…

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This could be a potentially big problem for $JPM. While at the moment losses could only be $100s of millions it is unclear what the story is and makes the recent sale of $25 billion all the more suspect.

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Tyler Durden — “Bottom line: Jamie Dimon’s “tempest in a teapot” just became a fully-formed, perfect storm which suddenly threatens his very position, and could potentially lead to billions more in losses for his firm.”

Read the article here.

Not a good day for the greens. Without subsidies, the green industry simply can’t continue in Europe.

Spanish renewable-energy companies that once got Europe’s biggest subsidies are deserting the nation after the government shut off aid, pushing project developers and equipment-makers to work abroad or perish.

Read the rest here.

Weisenthal: “It really is all about Spain….The buzz is that Greece is an afterthought and that the Euro either lives or dies based on the immediate response to Spain.”

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Brandt: The Gold market is on the verge of declaring its next $250 move…

Read the article here.

“In a note up on the website of his fund Seabreeze Partners, investor Doug Kass argus that US equities offer the best place to put your money, as things go aggressively in reverse in other parts of the world, specifically Europe.

Here are his 10 reasons for liking America:”
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Taleb says that while Europe has similar problems, it is in much better shape than the United States. The centralized government of the U.S. is scary to Taleb. He favors Europe because if there is a breakup, it will splinter into many smaller currencies.

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“Barton Biggs, the storied hedge fund manager who runs Traxis Partners, recently had an interesting encounter recently over lunch with a Saudi businessman who explained to him the real motivations behind Saudi Arabia’s ramp up in oil production and why oil prices will likely continue to fall as a result for an extended period of time.

It’s all part of a plan hatched by the Saudi royal family, according to Biggs, who relays this conversation in a note just published by Itaú BBA. Biggs says he asked the man what his outlook for Saudi Arabia was in the medium and long term, and the man was particularly negative about this, even given the vast riches of Saudi Arabian oil wealth.”

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Spain is facing the gravest danger since the end of the Franco dictatorship as the country is frozen out of global capital markets and slides towards an epic showdown with Europe.

Read the article here.

Gubmint done it again; passing a law that succeeds at very little. Companies are complaining too many restrictions and cumbersome paper have wasted their time.

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The yen gained against its major peers as turmoil in the Spanish banking sector added to signsEurope’s debt crisis is spreading to the region’s larger economies, boosting demand for safer assets.

The yen reached a more than three-month high versus the greenback as Japan’s benchmark bond yield fell to the lowest level since 2003 amid losses in global shares. The euro slid for an eighth-straight day against the yen, the longest losing streak in almost two years, before data tomorrow forecast to show the jobless rate rose to a record and manufacturing contracted across the 17 nations that share the currency.

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Food safety advocates finally won for the testing of many strains of E. coli. The meat industry has successfully convinced the last and current administration not to allow the testing, but seeing as how many have fallen ill or died the decision not to test  would be stupid.

As for the safety of meat well there is still GMO, antibiotic issues, and proper food safety issues; so i’ll stick to local grass fed steer.

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