Sunday, April 12, 2009

Funny New Jet Blue Commercial: The New Austerity

Dump the corporate jets. This is really a sign of the changing times.

MISH - Nationwide Tax Revolt Coming http://globaleconomicanalysis.blogspot.com/2009/04/nationwide-tax-revolt-is-coming.html

Larry Summers Protestors

The "Banksters" are being exposed!!!

George Soros The System has Broken Down Part 1 of 2

The collapse of Lehman was a "game changing" event. The G20 had to give funds to the third world to avoid a catastrophe. "We are in for a pretty lasting slowdown." "Whether you have a recovery depends on how deep you go."

Housing Depression - The Truth Behind the Statistics Part 4/5

Builders in So. Cal now renting model homes --- prices are still collapsing in some areas. No bottom is in sight folks!

Protests in Georgia enter third day

What will April 15th look like here in America?

Violence As Thailand Spins Out Of Control

Welcome to the "summer of rage." Here in America is still quiet but I get the sense things could turn here as well in the near future.

Saturday, April 11, 2009

What Does A Trillion Dollars Look Like?

Bailouts are now at $12 Trillion and counting....hyperinflation here we come.

Friday, April 10, 2009

Why Dylan Ratigan left CNBC. http://www.businessinsider.com/henry-blodget-dylan-ratigan-speaks-and-hes-angry-2009-4

Dollar troubles: Yuan replaced the dollar in 5 Chinese cites for trade settlement. http://www.gata.org/node/7346

Thursday, April 09, 2009

Market Rally - Bloomberg

Marc Faber calls for a 5-10% correction, then another leg up.

Clean Comedy from Tim Clue - Debt

Meredith Whitney - Why home prices could fall another 50%. http://tinyurl.com/dfsd5f

Why Everything You Think You Know About Modern Society is Wrong (and Why it Matters When Thinking About Peak Oil) Click Here to read this excellent article.

Wednesday, April 08, 2009

The GM and Segway PUMA 'car'

Could this be the "car" that saves GM?

Tuesday, April 07, 2009

Allen Stanford's Tearful Controlled Interview

He knows he's going down...no way to talk his way out of this one. Look at the film "Paths of Glory." He's been chosen to take the heat while the bigger fish get away.


The US dollar is fighting a tough battle as it runs up against double resistance at the 20-day moving average (red line) and the 100-day (green dotted line). The next resistance will be just overhead at the 50-day line at 86.18. There are plans that were announced at the G-20 meeting April 1st to replace the dollar as the world's reserve currency. This won't happen overnight but it's clear that it's losing it's reserve status much like the British Pound did during the last century. Special Drawing Rights (SDR's), a currency issued by the International Monetary Fund is the proposed replacement to the dollar. It's a basket of currencies (Dollars, Pounds, Euros, etc.) that is supposed to instill more confidence...but will it work? Will the world eventually demand an "asset" backed currency (gold, oil, etc.) for world trade? Lets see if "fiat" or "promise" backed paper can still do the trick.

Apr 7: S&P 500 CANNOT STAY ABOVE THE 100-DAY LINE. Volume increased as the index fell over 2%. Support comes in a the 800 area (the 20-day line). Stochastics are still 'overbought," all the more reason to be cautious.

BILL MOYERS JOURNAL | William K. Black | PBS

"The Best Way to Rob a Bank is to Own One" author William K. Black is interviewed by Bill Moyers. Massive banking fraud is bringing down the American economy.

Monday, April 06, 2009

Don't Panic! It's Official, a new Global Currency on the way

The G-20 meeting at the beginning of April was the coming out party for the "New World Order." Get ready for world government, global taxes, and a new global currency that will replace the US dollar.