thestatedtruth.com | March 12, 2011
 Stratfor: Japanese Confirm Meltdown  March 12, 2011 Japan’s Nuclear and Industrial Safety Agency (NISA) said March 12 that the explosion at the Fukushima Daiichi No. 1 nuclear plant could only have been caused by a meltdown of the reactor core, Japanese daily Nikkei reported. This statement seemed somewhat at odds with Japanese Chief […]
Category: Commentary, National News, National Security, Wall Street, World News |
467 Comments »
Tags: Stratfor:Japanese Nuclear Melts Down
thestatedtruth.com | March 11, 2011
Details are sketchy….but TOKYO, March 12, Kyodo The amount of radiation reached around 1,000 times the normal level Saturday in the control room of the No. 1 reactor of the Fukushima No. 1 nuclear power plant, the Nuclear and Industrial Safety Agency said. The discovery suggests radioactive steam could spread around the facility operated by […]
Category: Commentary, National News, World News |
59 Comments »
Tags: Japanese Nuclear Plant Leaking
thestatedtruth.com | March 10, 2011
Answer: Countries don’t grow without immigration and rising populations….and Germany is going the wrong way. They’re not alone on this. BERLIN  Germany, already grappling with one of Europe’s fastest aging and shrinking populations, faces a growing shortage of skilled labor for another, more immediate reason: stepped-up recruiting from abroad for the country’s top engineering and scientific […]
Category: Commentary, Economy, National News, World News |
1 Comment »
Tags: Falling Imagration, Falling Populations
thestatedtruth.com | March 10, 2011
 Red Alert: Saudi Police Fire On Protesters In Oil Hub March 10, 2011 Saudi police have reportedly opened gunfire on and launched stun grenades at several hundred protesters March 10 rallying in the heavily Shiite-populated city of Qatif in Saudi Arabia’s oil-rich Eastern Province. The decision to employ violence in this latest crackdown comes […]
Category: National News, National Security, World News |
688 Comments »
Tags: Middle East Front and Center, Middle East Happenings
thestatedtruth.com | March 10, 2011
Interesting….. Bank of America Says Nearly Half Its Mortgages Are ‘Bad’ Washington Business Journal Bank of America Corp. is segregating almost half its 13.9 million mortgages into a “bad†bank comprised of its riskiest and worst-performing “legacy†loans, Bloomberg News reported, citing Terry Laughlin, who is running the new unit. “We are creating a classic […]
Category: Commentary, Economy, Finance, Interest Rates, Bonds, National News, Real Estate, Wall Street, World News |
9 Comments »
Tags: BofA 1/2 Mortgages Bad, Half Mortgages Bad
thestatedtruth.com | March 10, 2011
Cumberland Advisors Day of Rage March 10, 2011 Modern technology. Read email of Saudi events on WiFi at 38,000 feet. This will be brief. The day of rage came early. All outcomes are speculative. Contagion has reached Saudi Arabia. Recent history shows Al-Qaida actively targeted Saudi Arabia several times. Until now, no success. Events in […]
Category: Commentary, Economy, Finance, National News, National Security, News Letters, Wall Street, World News |
3 Comments »
Tags: Cumberland Advisors - Nowhere Near Over
thestatedtruth.com | March 9, 2011
Somebody should think about these programs before implementing them. Government morons get an F as in failing for setting it up this way! “No Child Left Behind is broken and we need to fix it now,” Education Secretary Duncan said in a statement. “This law has created a thousand ways for schools to fail and very […]
Category: Commentary, Education and Schooling, National News, Wall Street |
1 Comment »
Tags: School System, schools
thestatedtruth.com | March 9, 2011
This is moving East to West, California’s day not to far away! TOPEKA, Kan. – A Kansas House committee endorsed a bill Wednesday that would cut future retirement benefits for current teachers and government workers to help solve the long-term funding woes of their pension system. The measure that cleared the Pensions and Benefits Committee […]
Category: Commentary, Economy, National News, Pensions and Retirement, World News |
18 Comments »
Tags: Kansas Pension Changes
thestatedtruth.com | March 8, 2011
Reuters reports that European oil imports are about to get tough, making life for Italy, which is most reliant on Libyan oil, quite complicated: Libyan oil trade has been paralysed as banks decline to clear payments in dollars due to U.S. sanctions, trading sources told Reuters on Tuesday. The move follows a decision by major […]
Category: Commentary, Commodities, Economy, National News, Oil and Nat Gas, Wall Street |
525 Comments »
Tags: European Economies, Libyan Oil, Oil
thestatedtruth.com | March 8, 2011
Rick’s Picks “Phenomenally accurate forecasts†Senate minority leader Mitch McConnell said on Face the Nation yesterday that President Obama wasn’t serious about the budget. Lest anyone mistake this for partisan sniping, here’s an interesting factoid that drives the charge home: the $4 billion in spending cuts that Congress just approved to avoid a government shutdown […]
Category: Commentary, Economy, Finance, National News, Wall Street, World News |
53 Comments »
Tags: Budget For Government, Government Budget, Government Spending Cuts
thestatedtruth.com | March 8, 2011
Yikes! Government payouts—including Social Security, Medicare and unemployment insurance—make up more than a third of total wages and salaries of the U.S. population, a record figure that will only increase if action isn’t taken before the majority of Baby Boomers enter retirement. Even as the economy has recovered, social welfare benefits make up 35 percent […]
Category: Commentary, Economy, National News, Wall Street, World News |
1 Comment »
Tags: Free Ride, Social Payouts
thestatedtruth.com | March 8, 2011
This makes it hard to see economic growth….especially in Europe! In Europe, gasoline has just hit an all time record of $8.632 per gallon! As HLN.be reports: Petrol 95 at €1.624 per litre. This breaks the 2008 record of €1.61 per liter.” Translated into American this means that a gallon of gas in Europe is […]
Category: Commentary, Economy, National News, Oil and Nat Gas, World News |
284 Comments »
Tags: European Gasoline At Record
thestatedtruth.com | March 7, 2011
What’s the old saying….records are made to be broken. The bottom line is we have a bunch of government morons here! They still don’t know basic math. March 18’th is the deadline for current stop gap funding. Without a new spending agreement by then, the government will shut down (?). The federal government posted its largest […]
Category: Commentary, Economy, Finance, National News, Wall Street |
1 Comment »
Tags: Government Morons, Government Shut Down
thestatedtruth.com | March 7, 2011
Bill Gross of PIMCO has been saying similar things and thinks once QE2 ends things could get very negative for the free market system, the dollar and interest rates. Charles Biderman: What nobody’s asking is what happens when QE 2 stops: If the only buyer is the Fed, and the Fed stops buying, I don’t know what is going to […]
Category: Commentary, Economy, National News, Video Clips, Wall Street |
690 Comments »
Tags: Charles Biderman, Investment Research, Trim Tabs
thestatedtruth.com | March 7, 2011
World changing events are taking place in the oil rich Middle East. Saudi Arabia drafts another 10,000 troops ahead of protests, and drafting up to 10,000 security forces to the north eastern Muslim Shia provinces ahead of mass protests planned next week. Peak oil has passed. The economic dominance of the West is now history. Those […]
Category: Commentary, Economy, National News, Oil and Nat Gas, World News |
2 Comments »
Tags: Middle East Oil Events, Oil
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 […]
Category: Commentary, Economy, Interest Rates, Bonds, National News, News Letters, Oil and Nat Gas, Wall Street, World News |
37 Comments »
Tags: Contagion Not Over In Middle East, Middle East Review, Oil
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 […]
Category: Commentary, National News, Technology, World News |
10 Comments »
Tags: 4G Networks, ABC's of Cell 4G Networks, ABC's of new Cell Technology
thestatedtruth.com | March 4, 2011
Wisconsin Governor Walker……We’re Broke! So what does that make California and Illinois to name a few others. Yep. they’re even more broke. Wisconsin governor Walker announced he would fire 1500 state workers unless democrats, who have been fled and are hiding in Illinois to avoid a critical vote on collective bargaining, return to the state. […]
Category: Commentary, Economy, National News, Pensions and Retirement, Wall Street |
554 Comments »
Tags: Wisconsin Politics, Wisconsin State Workers, Your Fired
thestatedtruth.com | March 4, 2011
The U.S. Labor Department said Friday….Nonfarm payrolls rose by 192,000 last month and unemployment fell below 9% for the first time in nearly two years….8.9% employment;  Gallup had a different take on this, we review it below. Adjustments to population has helped  keep number in order.  Labor force participation rate has not been moved. Job gains […]
Category: Commentary, Economy, National News, Wall Street |
52 Comments »
Tags: unemployment, unemployment rate;Gallup
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 […]
Category: Commentary, National News, National Security, Technology, World News |
516 Comments »
Tags: U.S. Secret Space Plane
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 […]
Category: Commentary, Economy, National News, Wall Street, World News |
642 Comments »
Tags: Gallop
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.
Category: Commentary, Economy, National News, Wall Street, World News |
12 Comments »
Tags: food stamps, food stamps hits new record
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 […]
Category: Charts and Graphs, Commentary, Commodities, National News, World News |
15 Comments »
Tags: Food Inflation, Food Shortages
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 […]
Category: Commentary, Economy, National News, Real Estate, World News |
721 Comments »
Tags: Housing Market 2011, Real Estate 101
thestatedtruth.com | March 2, 2011
Chile will delay the end of its summer time by three weeks as the country faces an energy squeeze because of drought and high demand, the government said Wednesday. Chile relies heavily on hydroelectric power to meet energy needs in the world’s top copper producer, and rain shortages force generators to rely on costly fuel-driven plants, […]
Category: Wall Street |
571 Comments »
Tags: Chile Energy Problems, Chile Extends Summer
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 […]
Category: Commentary, Economy, National News, World News |
52 Comments »
Tags: Fed Baige Book
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 […]
Category: Commentary, National News, National Security, News Letters, World News |
63 Comments »
Tags: Stratfor On Wars In Asia, Wars
thestatedtruth.com | March 1, 2011
Well, this is a deep subject, no pun intended, suffice to say 401K’s are not the only way states can help their pension funds. They can manage them more wisely and put less faith into Wall Street. The financial collapse, poor management and the housing bubble are amoung the reasons these plans are in crisis. Here are some definitions: A defined benefit […]
Category: Commentary, Economy, National News, Pensions and Retirement, Personal Net Worth, Wall Street |
135 Comments »
Tags: 401k Plans, Defined Contribution 401K, State Retirement Plans
thestatedtruth.com | March 1, 2011
Gallop breaks things down into different categories much better then other polls do! According to the Gallup Poll, “Americans have become much less confident in the U.S. economy over the past two weeks, with Gallup’s Economic Confidence Index falling from -18 to -30 during that span. The -18 Index score from two weeks ago was the […]
Category: Charts and Graphs, Commentary, Economy, National News, Wall Street |
63 Comments »
Tags: Gallop Economic Confidence, Gallop Poll