Thursday, January 26, 2012

Deflationary Depression and Purging To Come


Deflationary Depression and Purging To Come
Jan-26-2012--The United States will sell 30 million barrels from its Strategic Petroleum Reserve over the next 30 days.
★ Canadians' confidence in the country's economic prospects fell to its lowest in two years amid concern that the global recovery is stalling.
★ The gauge of default swaps tied to Greece climbed 23 basis points, signaling an 84 percent probability of default within five years.
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Capitalism and Socialism
Jan-26-2012--Capitalism has done more to bring prosperity to the world than any other economic system. Nevertheless, free markets continue to be assailed by academics, politicians, pundits, musicians, and the public in general, than think about how their lives have been enriched by free-market, capitalism.
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The Money Masters [Full Documentary]
Jan-26-2012--International Bankers, money masters, capitalism, communism, rothschild bank, government takeover, bailout, economy, debt, based, gold ,silver, fractional reserve lending, federal of england, private, new world order, cuts, austerity, taxes, max keiser, bob bailey, history ,conspiracy, theory politics, warfare ,news, military, economic, finance, educational ,edward griffin, alan watt, alex jones .
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Biderman's Daily Edge 
Jan-26-2012
Why the Government is Leading Us to Bankruptcy.
America's bleak financial future that will see even more borrowing and spending and its impact of the abuses of our Federal Government on our economy through the years that have lead to the possible bankruptcy that we may be faced with today .
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Wednesday, January 25, 2012

2012 State Of The Union Address: Enhanced Version


'US determined to prevent nuclear-armed Iran'
Jan-25-2012-- WASHINGTON – US President Barack Obama had tough words for Iran and Syria in his State of the Union address Tuesday night.
“Let there be no doubt: America is determined to prevent Iran from getting a nuclear weapon, and I will take no options off the table to achieve that goal,” Obama said to sustained applause.
In State of the Union address largely devoted to US economy, Obama trumpets "ironclad commitment" to Israel's security. He said that currently, “The regime is more isolated than ever before; its leaders are faced with crippling sanctions, and as long as they shirk their responsibilities, this pressure will not relent.”
The president did, however, leave the door open for diplomacy, saying that, “A peaceful resolution of this issue is still possible, and far better, and if Iran changes course and meets its obligations, it can rejoin the community of nations.”
His words were more hawkish than one year ago, where his brief reference to Iran focused only on the American diplomatic effort.
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Obama State of Union Seen by 37.7 Million Viewers, Nielsen Says
Jan-25-2012-- President Barack Obama, who is seeking re-election in November, drew 37.75 million viewers to last night's State of the Union address a 12 percent decline from a year earlier.
Obama’s 65-minute speech was watched by 13 percent fewer than the 43.4 million who tuned in for President George W. Bush’s State of the Union in 2004, before that re-election campaign .
The president used last night’s address to highlight themes of his bid for a second term. Obama called on Congress to require those making $1 million or more annually to pay a 30 percent federal tax rate. He called on Congress to help homeowners, crack down on U.S. financial crimes and unfair trade practices in China, and investigate lending practices that preceded the housing crisis.
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Fed Sees Low Rates to 2014
Central Bank Releases Policy Forecasts for Key Benchmark, Targets 2% Inflation
Jan-25-2012-- Federal Reserve officials said they expect to keep short-term interest rates near zero for almost three more years and signaled they could restart a controversial bond-buying program in yet another campaign to rev up the disappointing economic recovery. The central bank's pronouncements came after a two-day policy meeting from which officials emerged still frustrated at the slow pace of growth and a bit more confident that inflation is settling down after climbing last year.
The combination of persistent slow growth and low inflation,
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Asia Stocks, Oil Rise as Fed Signals Low Rates; Won Strengthens
Jan-25-2012 -- Asian stocks rose to a three-month high, copper climbed and South Korea's won strengthened after Federal Reserve Chairman Ben S. Bernanke signaled plans to main near-zero interest rates .
“Mr. Bernanke is presenting the world with a gift,” Khiem Do, the Hong Kong-based head of multi-asset strategy “He wants to underwrite the recovery and underwriting the recovery is very good for equity markets and risk assets.”
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Saturday, January 14, 2012

Marc Faber - CNBC 13 January 2012 Downgrade of Debt Ratings Underscores Europe's Woes -----------------------------Jan-13-2012--

Marc Faber -
CNBC 13 January 2012
Downgrade of Debt Ratings Underscores Europe's Woes
Jan-13-2012--PARIS - Standard & Poor's downgraded the credit ratings of France, Italy and seven other European countries on Friday, a move that may have more symbolic than fundamental financial impact but served as a reminder that Europe's economic woes were far from over.
AAA rating, cut a notch to AA+, was “not good news”
but was “not a catastrophe.”
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