A Fabulous Story, My Good Watson

| January 31, 2011

From Art Cashin on the floor of The New York Stock Exchange On this day in 1876, an already legendary medical professor at Edinburgh University began to address a new group of students.  He began his lecture with his usual demand for observation.  He pounded on his theme of the “vast importance of little distinctions” […]

Donald Trump Says A Mideast Explosion Could Destroy OPEP While Lowering Oil Prices…And Tells Us How He Would Rebuild America

| January 31, 2011

Whether you like him or not, most would probably agree after reading this that Donald Trump would show us how an Eagle with clipped wings (the U.S.) can fly again.  This guy gets it.  You want to see growth again in the U.S., then here is the man for the job! So Donald, tell us how you really feel […]

Home Ownership Rates Continue To Fall

| January 31, 2011

Home ownership rates continue to fall. History tells us that boom bust cycles tend to overshoot both on the upside and to the downside.  More downside should be expected here. In the fourth quarter of 2010, 66.5% of Americans owned homes, down from 67.2% a year earlier and the lowest rate since the end of 1998, according […]

Florida Judge Rules New Healthcare Law Unconstitutional

| January 31, 2011

Here we go….things are going to get real interesting with the new healthcare law.  A federal judge ruled that Congress violated the Constitution by requiring Americans to purchase health insurance in the new health overhaul, and said the entire law “must be declared void.” In ruling against President Obama‘s health care law, federal Judge Roger Vinson used Mr. […]

The Greatest Bank Heist Ever! No, We’re Not Kidding

| January 31, 2011

Nearly a trillion U.S. dollars are gone, heisted and nobody knows who done it or how!  WikiLeaks might have exposed this mess.  How long has this been going on? Quite a while according to The Times, which has relied on Wikileaks cables to support some of what is being reported.  What a bunch of morons, with our public money […]

Stratfor: Special Report On The Egypt Crisis In A Global Context

| January 30, 2011

January 30, 2011 By George Friedman The Egypt Unrest: Full Coverage It is not at all clear what will happen in the Egyptian revolution. It is not a surprise that this is happening. Hosni Mubarak has been president for more than a quarter of a century, ever since the assassination of Anwar Sadat. He is […]

The Class Structure Favoring The Rich And Powerful Is About To Be Fully Challenged

| January 30, 2011

Got a good point here…the powers to be and the rich should pay attention to this… before it’s to late!   When a country, among other shortcomings, relinquishes its financial system and its population’s well-being to the pursuit of ‘good deals’, there is going to be substantial fallout. The citizens protesting in the streets of Greece, […]

Heads Up On The United States And Egypt…

| January 30, 2011

In a nut shell it’s not going well for the U.S. interests in Egypt, as our favorability rating in Egypt hit an all time low of 17% in 2010!

Land Locked Between Tunisia And Egypt…Guess Who? Yep Libya And Its Dictator Since 1969, Muammar Abu Minyar al-Gaddafi

| January 30, 2011

Gaddafi has had a long run as dictators go, and at 68 he’s no spring chicken. Al Jazeera reports that the Libyan government has imposed a state of emergency for “fear of demonstrations and rallies” comparable to those in Tunisia and Egypt. And ranked 17 in the world for oil production (and 9th in proven reserves), […]

Tough Love Against The United States

| January 30, 2011

Fodder for change…. Jordan’s economy struggles, weighed down by a record deficit of $2 billion this year, rising inflation and rampant unemployment and poverty. AMMAN, Jordan (AP) – The leader of Jordan’s powerful Muslim Brotherhood Hammam Saeed’s warned Saturday that unrest in Egypt will spread across the Mideast and Arabs will topple leaders allied with the […]

Who’s On Deck As The Old Baseball Saying Goes…More Changes In The Middle East, Then Cuba Shouldn’t Be Far Behind In A Bid For Democracy

| January 30, 2011

We haven’t heard much out of Cuba recently, our guess is it wouldn’t take much to get things rolling there…….

Egypt….Mohamed ElBaradei: “Change Is Coming”

| January 30, 2011

The big question now is how far does this all spread around the Middle East? Egyptian opposition leader Mohamed ElBaradei made his way through the crowd in Cairo’s Tahrir Square on Sunday in an appearance that defied the military curfew and President Hosni Mubarak’s 30-year regime. “You have taken back your rights and what we […]

Egypt Opposition Leader Mohamed ElBaradei Speaks

| January 30, 2011

Opposition leader Mohamed ElBaradei said the U.S. approach to fostering democracy in Egypt has not worked and Washington must move away from supporting longtime President Hosni Mubarak. Egypt has a powerful military that has kept Mubarak’s ruling party in place for more than 30 years. Its largest and best-organized opposition group is the banned Muslim […]

It’s An Interconnected World We Live In

| January 30, 2011

This is not a recommendation….we’re just the messenger! Want insurance against an interconnected worldly disorder?   Gold is one of the best insurance policies. Gold is insurance…By nature insurance is a small percentage of your assets. Gold is proactive.  Gold is being your own central bank.  There are few other choices that leave you in control.  Currencies can and are being devalued (destroyed in value by governments […]

Arabic Broadcaster Al-Jazeera Shut Down In Egypt

| January 30, 2011

It was just a matter of time before this happened…The Qatari government bankrolled Al-Jazeera when it launched in 1996 and is believed to still fund the station, but it operates with considerable editorial freedom compared with other government-run media outlets in the Arab world. Anti-government riots also have spread to Yemen, where President Ali Abdullah […]

Just So You Know…The Egypt Full Shutdown Of The Internet And Mobile Phone Networks Is First In History

| January 29, 2011

Just how important is the Internet…well, without it your bank ATM won’t work, nor will most cash registers of major chain stores or many gas stations…the stock market wouldn’t open nor would the commodity markets, the electric grid could be effected so might water works, etc, etc. And we don’t really know what total effect it […]

Eric Sprott On The Tape With What Sounds Like An Outlandish Prediction…The Only Problem Is Eric Sprott Does A Lot Of Market Related Homework, Manages $8 Billion Dollars And Doesn’t Have A History Of Being A “Pie In The Sky” Kind Of Guy!

| January 28, 2011

Remember…..we’re just the messenger here, this isn’t our prediction! Eric Sprott of Sprott Asset Management with $8 B as in billion dollars in money under management, has an unbelievable interview with Eric King of King World News.  Eric says that Gold (currently $1338.40/ounce) could be $2,150 and Silver (currently $28.01/ounce) $50.00 by spring….sounds hard to believe, unless the Dollar collapses […]

Iran, Tunisia And Syria Have Imposed Internet Restrictions In Attempts To Quell Opposition

| January 28, 2011

The move by Egyptian authorities to seal off the country almost entirely from the Internet shows how easily a state can isolate its people when telecoms providers are few and compliant. “Virtually all of Egypt’s Internet addresses are now unreachable, worldwide,” Jim Cowie, chief technology officer of U.S.-based Internet monitoring firm Renesys wrote on the […]

Jim Grant Of Jim Grant’s Interest Rate Observer Has Some Choice Words For Fed Chairman Ben Bernanke

| January 28, 2011

Jim Grant is well known and respected in interest rate market circles, but he has some harsh words here….he’s letting off some steam on Ben Bernanke.  Pay attention everyone, Jim is one of the big ten….that is one of the smartest 10 guys around. Jim Grant appeared on Bloomberg TV, telling Margaret Brennan upfront that […]

Egypt Updates

| January 28, 2011

Sounds like Egyptian President Hosni Mubarak is just buying some time….before heading out the back door!  In the past, most exits around the Middle East seem to lead to France, Great Britain or the U.S. Updated 5:31 p.m. (0031 in Egypt) Egyptian President Hosni Mubarak says he has asked the government to resign, and that he will […]

WikiLeaks Rival Launches New Platform Called “OpenLeaks”

| January 28, 2011

How timely…..just as the World Economic Forum meets in Davos of all places! DAVOS, Switzerland — A former WikiLeaks spokesman launched a rival website Friday, saying he planned to give whistleblowers more control over the secrets they spill. The new platform, called OpenLeaks, will allow sources to choose specifically who they want to submit documents […]

Stratfor Watch Report: Unconfirmed Reports of Military, Police Clashing in Egypt

| January 28, 2011

  January 28, 2011 Unconfirmed reports from Al Jazeera on Jan. 28 say the army and police forces are clashing in Cairo. These reports have come after reports from state-owned Egyptian satellite Al-Misriyah TV saying army leadership extended the curfew from 6 p.m. to 7 a.m. local time to the whole country. www.stratfor.com

Wall Street Rocket Scientists Try To Revive CDO Derivatives

| January 28, 2011

Warren Buffett calls them weapons of mass destruction for a reason….they almost took down the world in 2007-2008….Folks, we have some slow learners here… This period is more degraded than that of Sodom and Gomorrah. Pompei was kindergarten compared to the sociopaths of Wall Street. The problem is that the present day demons own the place. […]

Syria Shuts Down Internet Service

| January 28, 2011

Dominoes falling….Syria has just shut down its Internet service.  We’ll see if it stays down! www.zerohedge.com

Egypt Puts ElBaradei Under House Arrest

| January 28, 2011

The pot is starting to boil here……Egyptian security officials said Nobel Peace laureate Mohamed ElBaradei is under house arrest. 

Long Time Friend Gene Inger Reviews World Matters

| January 27, 2011

Gene Inger’s Daily Briefing . . . for Friday January 28, 2011:   Good evening;   Consider ‘global revolution’ . . . as rising beyond its infancy if Egypt, the largest of all Arab nations, overthrows the 30-year old Mobarek regime. As we first reported just a couple days ahead of the major news media, […]

Egypt Arrests Muslim Brotherhood Leaders

| January 27, 2011

This is getting nasty….. CAIRO (Reuters) – Egypt rounded up members of the Muslim Brotherhood including at least eight senior leaders of the group ahead of planned countrywide protests on Friday.   A security source confirmed that authorities had ordered a crackdown on the group overnight: “We have orders for security sweeps of the Brotherhood,” the […]

Egypt Shuts Down Internet And Text Messaging Ahead Of Million-Man Protests

| January 27, 2011

Reports are emerging that Internet has gone down in Cairo and throughout Egypt, only hours before the largest planned protests get rolling. More from the HuffPo: According to a report from The Arabist, “Egypt has shut off the internet.” The Los Angeles Times is reporting that BlackBerry Internet has been taken offline in Egypt.

New Report Details Wall Street Crisis In 2008

| January 27, 2011

“As a scholar of the Great Depression, I honestly believe that September and October of 2008 was the worst financial crisis in global history, including the Great Depression,” ….. Ben Bernanke. The common thought out there is that this can’t happen again….WRONG! The causes have not been remedied.  All eyes should be on the economic road […]

Social Security May Run Permanent Deficits

| January 27, 2011

It’s the new math that’s the problem, nobody knows what the word “deficit” means….in a mathematics nutshell, it means “minus”…or in simpler terms “subtraction”.  Funny how everyone understood what “surplus”,  “plus” and “add” meant, especially in thier bank accounts and house supported ATM! WASHINGTON (AP) – Sick and getting sicker, Social Security will run at a deficit […]

Snowstorm Shatters New York City, Philadelphia Records

| January 27, 2011

Records are made to be broken,…..but the hope is (was) ‘not in our lifetime’. New York City and Philadelphia are included in the mid-Atlantic storm that broke daily snowfall records on Wednesday. New York City set a new record for January,  the snowiest January in history. With the storm grounding out, final snow tallies exceed a foot throughout the corridor […]

Top Earnings By Sport Including Endoresments

| January 27, 2011

The NHL had lowest top-earner of the group. Sidney Crosby salary of $9.0 million and endorsements of approximately $2.2 million has him well off the pace of the other athletes.           Read more: http://www.businessinsider.com/chart-of-the-day-the-top-endorsement-earners-in-each-sport-2011-1#ixzz1CGbjfsmy

George Soros On The Tape

| January 27, 2011

Billionaire investor and philanthropist George Soros said Thursday in an interview with CNBC’s Maria Bartiromo that the deficits facing U.S. municipalities will be the “drama of the next year.” Soros also said that what ever recovery we have will be finished by mid year and that interest rates will start to rise later in the year. 

Rising Price Pressures Spur World Wide Inflation Concerns

| January 27, 2011

Hey, what about us here in the USA, Uncle Sam says nope, no inflation here, you on social security get no cost of living raise….but our good buddies in Congress, well that’s another story. Inflation is one of the issues on the agenda in Davos, as the prices of food and other commodities rise, reducing […]

NBA Team Values Increase 1% From Last Year On Average, But 17 Of The 30 Teams Lost Money

| January 26, 2011

Guess the contraction (subtracting teams from the league) issue is for real…so whitch teams will get the boot?   We can start with New Orleans….being that the NBA now owns them. NEW YORK — The New York Knicks have overtaken the Los Angeles Lakers as the NBA’s most valuable franchise, and 17 of the 30 teams […]

The Parched Hot Sun Does Funny Things To You!

| January 26, 2011

Excuse us, but we could have sworn that the president said things were getting a lot better and the recession was behind us…..or was that just a mirage in the parched desert sun! The federal budget deficit will reach nearly $1.5 trillion in 2011 due to the” weak economy, higher spending and fresh tax cuts”, the CBO […]

Say What….How Much Did You Say That Nickel Was Worth?

| January 26, 2011

Yep, a nickel is worth 6.8 cents in metal value or 36% more then the $.05 it represents in spendable value! Yes, it’s true; the value of a nickel is soaring, even as the value of a dollar is slumping. That’s because every nickel that rolls out of the U.S. Mint contains about 3.75 grams of […]

Judicial Emergency Declared In Arizona

| January 25, 2011

We’ve never heard this before…..except maybe in Mexico! Federal court officials declared a judicial emergency Tuesday in Arizona, allowing courts to delay criminal trials up to six months because of a shortage of judges worsened by the shooting death two weeks ago in Tucson of the state’s chief jurist. Arizona federal courts were already overwhelmed […]

Natural Gas….No Shortage Here!

| January 25, 2011

This article explains why natural gas is so cheap.  Oil companies used to just burn off the natural gas in the Gulf of Mexico  because they didn’t know what to do with it.   Who has been harking on this subject for years, yep….Oklahoma farm boy and self made billionaire T Boone Pickens.  He says we need to take advantage […]

Internet “Kill Switch” Back On The Table

| January 25, 2011

Hmm….There is a new push to give President Obama an Internet “Kill Switch”. Portions of the Lieberman-Collins bill, which was not uniformly well-received when it became public in June 2010, became even more restrictive when a Senate committee approved a modified version on December 15. The full Senate did not act on the measure. The revised […]

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