Here In Lies The Problem….Anyone Care To Guess Where The Wars Will Be Fought Over This?
thestatedtruth.com | March 6, 2011
thestatedtruth.com | March 6, 2011
thestatedtruth.com | March 5, 2011
Cumberland Advisors David Kotok always does a good job on the important issues…..it’s a good read! $115 Oil, Contagion and Central Banks March 5, 2011 “… there’s so much unrest that one can actually sense or imagine unknown nano-particles of rage colliding in mid-air…â€Â (Source: a private person who screens Middle East media for me […]
thestatedtruth.com | March 5, 2011
New faster data networks are being rolled out by the major U.S. wireless carriers, but does anybody really understand what’s happening to rapidly advancing cell technology? This may help! Sprint Nextel Corp. has “the Now Network.†T-Mobile claims “the nation’s largest.†Verizon Wireless is “Lightning Fast, Lightning Strong.†Everyone is pushing new phones, tablets and other […]
thestatedtruth.com | March 3, 2011
Wow, this sure looks spacey…come to think of it, that makes total sense! Unlike NASA’s space shuttles, the X-37B space plane does everything autonomously. It also has a solar array that is deployed from its payload bay to generate power during its months-long stay in orbit. The first X-37B spacecraft launched in April 2010 and […]
thestatedtruth.com | March 3, 2011
We would side with the Gallop Poll over the U.S. government data.   Aside from that, Warren Buffet said Wednesday on CNBC that the U.S. unemployment rate should be in the low seven percent range by late 2012. If that is going to be the case, the job creation environment must change dramatically from what it is […]
thestatedtruth.com | March 3, 2011
The economy may be getting better for the time being, but not for those at the bottom! Food stamp usage just hit 44.1 million people in December and averaged $134 a month per person.
thestatedtruth.com | March 3, 2011
Guess Ben Bernanke has been looking at the wrong picture with his “inflation isn’t a problem” rant! The picture above looks pretty darn clear to us. Global food prices rose to a record in February and grain costs may continue to rise in the next several months, with only rice keeping the world from a repeat […]
thestatedtruth.com | March 2, 2011
Ok class, let’s review the current housing market. So where do we start…how about with inventory! Inventory continues to swell. “There’s just way too many homes out there relative to demand and we’re not going to see that change anytime soon,” says Joshua Shapiro, chief US economist for MFR Inc. Lenders continue to repossess massive numbers of […]
thestatedtruth.com | March 2, 2011
The U.S. economy grew moderately in early 2011 and the weak jobs market improved, while businesses reported rising costs, the Fed said. Here are some key highlights: Non-wage input costs increased for manufacturers and retailers in most Districts. Retailers in some Districts mentioned they had implemented price increases or were anticipating such action in the next […]
thestatedtruth.com | March 1, 2011
 Never Fight A Land War In Asia By George Friedman | March 1, 2011 U.S. Secretary of Defense Robert Gates, speaking at West Point, said last week that “Any future defense secretary who advises the president to again send a big American land army into Asia or into the Middle East or Africa should have […]
thestatedtruth.com | February 27, 2011
Ridiculous 7.5%-9.0% assumed rates of return are not “little white lies” — they are Everest-sized whoppers. They are far from reality and nearly impossible to ever realistically have happen over the medium term and even more impossible over the long term in mature economies. If the three big California Public Retirement Funds used a realistic 4.5%-5% rate of return instead of the make […]
thestatedtruth.com | February 27, 2011
Anybody surprised? Nope, didn’t think so……Why do so few Americans believe in our government today? That’s simple….it’s because Congress is self serving, and favors the giant corporations and the ultra-wealthy, not Main Street and the common American. Influential Harvard and Stanford law professor Lawrence Lessig noted in a must-watch speech last week that polls show that only […]
thestatedtruth.com | February 27, 2011
Everything the government is doing involves a rig job of one kind or another and it’s unmatched in history. Real estate and equity markets are not standing on there own, they are all being supported by the government either directly or indirectly…..and there in lies the problem. Here are some key extracts from the Marc Faber interview by The […]
thestatedtruth.com | February 27, 2011
From The Wall Street Journal….this is why commodity prices continue to go higher! WASHINGTON—A report being prepared for the world’s Group of 20 leading economies indicates the main factor behind rising prices for wheat, sugar, cotton, metals, oil and other commodities isn’t speculators, as some have suggested, but that the global demand to consume these goods […]
thestatedtruth.com | February 26, 2011
Understanding Derivatives – Class Name and Description: Greedy Financial Morons 101, How To Destroy The Financial World…… Heidi is the proprietor of a BBQ Bar in Mt. Airy Maryland . She realizes that virtually all of her customers are unemployed alcoholics and, as such, can no longer afford to patronize her bar. To solve this problem, […]
thestatedtruth.com | February 25, 2011
The Providence School Department (District) has a $40-million deficit. So the big question is: Why was this deficit allowed to get so large in the first place. Inquiring minds want to know! Yes we know, nobody learned math 101… so now we have 1,000’s of math morons running public departments supported by the government with large budget deficits around the […]
thestatedtruth.com | February 25, 2011
A quick look at this chart tells it all! Yes, gasoline prices do effect the economy. Courtesy of John Lohman
thestatedtruth.com | February 25, 2011
Sounds like there was more then one way to play the game of hide and seek, but the Democrats weren’t paying attention while hiding! MADISON, Wis. — Republicans in the Wisconsin Assembly took significant action on their plan to strip collective bargaining rights from most public workers, by passing the measure early Friday morning before sleep-deprived Democrats realized […]
thestatedtruth.com | February 25, 2011
Some good points about Bahrain….and why it’s important to oil! Bahrain lies in the middle of an age-old contention between Iran and Saudi Arabia… and the balance between the two rivals could soon be tipped. A strong Iraq was a nice buffer between Saudi Arabia and Iran, but a strong Iraq is no more. Now […]
thestatedtruth.com | February 24, 2011
Libya’s “secretive” sovereign fund (LIA) has assets of over $70 billion and has placed $32 billion with U.S. banks, reported Reuter,  based on Wikileaks provided information from a “confidential diplomatic cable.” According to the report: ” The cable, obtained by WikiLeaks and revealing the details of a January meeting between the head of the Libyan Investment Authority […]
thestatedtruth.com | February 24, 2011
Oil production in Libya is expected to shut down completely and could be lost for a prolonged period of time, Bank of America Merrill Lynch said on Thursday. U.S. officials said current oil stockpiles were adequate to meet any supply disruptions. So, can we believe them is the big question!
thestatedtruth.com | February 23, 2011
Federal Reserve Bank of Kansas City President Hoenig is one guy that knows! HOENIG:  U.S. HAS `DEEPLY’ UNDERMINED FREE-MARKET CAPITALISM HOENIG: WARNS OF ESCALATING SERIES OF CRISES WITH RISING COSTS HOENIG: LARGE FINANCIAL FIRMS CAN EXPECT BAILOUTS IN FUTURE HOENIG: BIG FINANCIAL FIRMS MUST NOT HOLD ECONOMY`HOSTAGE’ HOENIG: BIG FIRMS `HAVE SIGNIFICANT INCENTIVES’ TO INCREASE RISK HOENIG: TOO-BIG-TO-FAIL FIRMS POSE […]
thestatedtruth.com | February 23, 2011
Nowhere Near Over February 23, 2011 This is nowhere near over.  By “Thisâ€, we mean the regional contagion, spreading violence and rising geopolitical risk in the Middle East and North Africa.   Reports say that Libya has stopped producing oil and that pipeline delivery to Europe (Italy) is interrupted. Libya seems headed for complete dismemberment and […]
thestatedtruth.com | February 22, 2011
Mohamed El-Erian appeared on Bloomberg Surveillance with Tom Keene,  talking about the developments in the Middle East, “we have to appreciate that in the west, what is happening in Egypt and North Africa results in stagflation in the short term. So higher inflation and lower growth because of higher oil prices that take away purchasing power […]
thestatedtruth.com | February 21, 2011
WELLINGTON, New Zealand (AP) — A strong 6.3-magnitude earthquake rocked the southern New Zealand city of Christchurch on Tuesday, and there were reports of damage to some buildings. Radio New Zealand reported that a church near the city center collapsed. The station also said staffers in its Christchurch newsroom had to cling to their desks […]
thestatedtruth.com | February 21, 2011
Earth is overdue a massive solar storm as the sun enters its most active period…..We’ve been talking about this for a while.  Heads up everybody…..Have cash on hand and 30-60 days of food, water, toilet goods etc, and lots of flash lights and batteries and keep your car gas tank at least half full at […]
thestatedtruth.com | February 21, 2011
Thousands of people in the Philippines fled their homes as a volcano erupted on Monday, sending a spectacular column of ash high into the sky, residents said. The eruption of Bulusan, a 1,559-metre (5,115-foot) volcano, turned mid-morning into night for about 20 minutes across largely farming areas around its slopes, regional army spokesman Major Harold […]
thestatedtruth.com | February 20, 2011
Guess it doesn’t matter if they burn the oil wealth when it all goes to the ruler anyway! Sounds like Gadhafi should ride out of Dodge while he can! The son of Libyan leader Moammar Gadhafi says protesters have seized control of some military bases and tanks. Appearing on Libyan state television Sunday night, Seif […]
thestatedtruth.com | February 20, 2011
Things are coming unglued in the Middle East as revolution is spreading like wildfires. The U.S. isn’t immune from this as we are seeing large protests in Madison Wisconsin over budget cuts that effect unions, entitlements and retirements. Just imagine what happens in California (if) the special election to extend temporary tax increases gets voted down in June! Massive budget cuts in California […]
thestatedtruth.com | February 17, 2011
We’ve been talking about this for a while….Rapidly rising food prices triggered the latest round of civil disorder around the world, as it did the first round during 2008. The picture may get bleaker over the next few years. Cumberland Advisors Khamsin February, 17, 2011 “This is not just a warm wind, but a dust-laden, suffocating […]
thestatedtruth.com | February 16, 2011
Libya may be next to go…….demonstrations that swept away the Tunisian and Egyptian Âpresidents now target Libya, the oil-exporting north African country ruled by Muammer Gaddafi since 1969. A succession of rallies and demonstrations, in Egypt, Jordan, Yemen, Algeria, Bahrain and Iran have been inspired directly by the popular outpouring of anger that toppled Tunisian President Zine al-Abidine […]
thestatedtruth.com | February 16, 2011
Tension is rapidly building in the Mid East. JERUSALEM—Iran is sending two warships through the Suez Canal en route to Syria, Israel’s foreign minister said Wednesday, calling the act a “provocation” that Israel cannot ignore. The Iranian plan described by Foreign Minister Avigdor Lieberman would take the warships past Israel’s coast. While it would pose no significant […]
thestatedtruth.com | February 16, 2011
This review does a good job explaining the U.S. Government “ statistical magic” used in unemployment statistics. We can also call it Vodoo Economics. Benson’s Economic & Market Trends By: Richard Benson, SFGroup America continues to face a true national tragedy as tens of millions of unemployed people have been literally discarded because of big business […]
thestatedtruth.com | February 16, 2011
Producer prices in the U.S. climbed during January to their highest point in more than two years. And to think, the government says we have no inflation problem!  “We do not now have a problem…. Inflation made here in the US is very, very low”– Federal Reserve Chairman Ben S. Bernanke, February 10, 2011  […]
thestatedtruth.com | February 15, 2011
This is a must read for everybody.  It’s an outline of the future.  It doesn’t have to be right, but a good plan is better then a bad plan and any plan is better then no plan. Crisis High In 2011 By: Clif Droke  Posted Tuesday, 15 February 2011After two years of issuing “sell†ratings on equities and […]
thestatedtruth.com | February 14, 2011
The list grows….Algeria riots yesterday, Bahrain earlier today, and Iran now.  It’s a rapidly deteriorating situation in Tehran, where protesters are chanting ‘Death to Khamenei.’  AP:  “Clashes between Iranian police and tens of thousands of protesters wrecked central Tehran on Monday as security forces beat and fired tear gas at opposition supporters hoping to evoke Egypt’s […]
thestatedtruth.com | February 14, 2011
By George Friedman | February 14, 2011 On Feb. 11, Egyptian President Hosni Mubarak resigned. A military council was named to govern in his place. On Feb. 11-12, the crowds that had gathered in Tahrir Square celebrated Mubarak’s fall and the triumph of democracy in Egypt. On Feb. 13, the military council abolished the constitution […]
thestatedtruth.com | February 14, 2011
Will the growing vacuum in power be filled by the Brotherhood? That’s the big risk here! Algeria shuts down internet and Facebook as protest mounts……. Internet providers were shut down and Facebook accounts deleted across Algeria on Saturday as thousands of pro-democracy demonstrators were arrested in violent street demonstrations. By Nabila Ramdani Plastic bullets and […]
thestatedtruth.com | February 14, 2011
Good read here, it’s a tough and dangrous new world in the Mideast….. February 14, 2011 Peter Alois is a director of the Global Interdependence Center and one of my colleagues there. He is retired from the Commercial Service of the U.S. Department of Commerce, where he had many years of experience posted in the Middle East. […]
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