Connecting the Dots- Must watch hour long video from Inflation.us that is now making the viral rounds, explaining what everyone on this website understand, in simple language. Please forward to your friends and neighbors. Inflationist or deflationist, the facts behind this video are undeniable. It is time for the truth about our economy to break through the propaganda machine. more
Connecting the Dots- What if someone were to tell you that a chemical (MSG) added to food could cause brain damage in your children, and that this chemical could effect how your children's nervous systems formed during development so that in later years they may have learning or emotional difficulties?
What if there was scientific evidence that these chemicals could permanently damage a critical part of the brain known to control hormones so that later in life your child might have endocrine problems? How would you feel? more
Conservative Home- After a few days in the post, Chancellor George Osborne has fired a broadside at the defeated Labour Government, accusing it of bringing the country "to the edge of bankruptcy" and bequeathing a "mess" to the coalition administration. more
Southport Visitor- A £2 billion pot is being set aside by the NHS to pay for one-off costs such as redundancies and redeploying staff, the Department of Health has confirmed. more
PCR- According to the BRC’s research, 84 per cent of shoppers still believe the country remains in a recession, with only 29 per cent thinking that the hard times will end this year. 27 per cent of respondents said that the economy was a big concern, and increase of two per cent since December. more
Energy Bulletin- The permanent end of the era of cheap oil is coming as soon as next year, according to a raft of official reports that have made their way into energy media over the last few months. Governments are now beginning to acknowledge the looming crisis. Yet, perhaps because they waited too long to prevent it, leaders are not yet alerting the public.
The entire world economy is built on cheap oil, A permanent oil production shortage will thus lead to The End of The World (As We Know It). What will come on the other side of this -- will it be good or bad? more
Climate Depot- A prominent U.S. geologist is urging the world to forget about global warming because global cooling has already begun. more
Reuters- Soros said the turbulence is actually more severe than during the Great Depression, comparing the current situation to the demise of the Soviet Union. more
Prison Planet- During a recent speech at a conference of elitists in Zurich Switzerland, IMF chief Dominique Strauss-Kahn called for the introduction of a global currency backed by a global central bank which would act as the “lender of last resort” in the event of a severe economic crisis, which would represent another lurch towards fascist centralization of power by financial terrorists busy exploiting the fiscal chaos they created in order to impose world government.
Stating that “crisis is an opportunity,” Strauss-Kahn said that globalists should exploit the financial chaos plaguing the world in order to push for “a new global currency issued by a global central bank” more
Zero Hedge- Last week we noted that several prominent Austrian and German gold dealers had run out of inventory and were no longer transacting with a European population that has suddenly discovered gold religion. As a result, dealers are now focusing procurement efforst outside of Europe, with South Africa receiving the brunt of Europe's panic for physical precious metals. more
BNP- The inevitable consequence of decades of economic mismanagement has resulted in a triple whammy of rises in petrol, unemployment rates and an expected interest rate rise breaking over Britain. more
Salon- This week has seen a rash of foods recalled due to possible contamination with Salmonella Tennessee, ranging from selected flavors of Pringles to Herb-Ox bouillon to Quaker brand snack mix. As the story unfolds, however, possible Salmonella contamination is not the only thing raising eyebrows about HVP, a flavor enhancer commonly used in processed foods. It turns out that the amino acid in HVP that is responsible for "enhancing" the taste of foods is glutamic acid. In its crystalline form, glutamic acid is more commonly known as monosodium glutamate, or MSG. more
BNP- British taxpayers have been forced to hand over £18 million in subsidies to the Unite trade union whose leader spent the beginning of May in Cuba celebrating the 51st anniversary of the Fidel Castro communist revolution. more
Times- Liam Byrne, the former Chief Secretary to the Treasury, last week wrote a letter for his successor - the Liberal Democrat David Laws - stating: "I’m afraid to tell you there’s no money left.”
Speaking at a press conference yesterday, Mr Laws said: "When I arrived at my desk on the very first day as Chief Secretary, I found a letter from the previous chief secretary to give me some advice, I assumed, on how I conduct myself over the months ahead.
"Unfortunately, when I opened it, it was a one-sentence letter which simply said ’Dear Chief Secretary, I’m afraid to tell you there’s no money left’, which was honest but slightly less helpful advice than I had been expecting." more
Natural News- "It's hard to say exactly what's going on in the Gulf right now, especially because there are so many conflicting reports and unanswered questions. But one thing's for sure: if the situation is actually much worse than we're being led to believe, there could be worldwide catastrophic consequences. If it's true that millions upon millions of gallons of crude oil are flooding the Gulf with no end in sight, the massive oil slicks being created could make their way into the Gulf Stream currents, which would carry them not only up the East Coast but around the world where they could absolutely destroy the global fishing industries." more
Peak Generation- Experts in the fields of coal, natural gas and nuclear power are beginning to talk of vastly inflated reserves figures and pointing to resource depletion within the next two decades. This, if it comes about, would involve all our main sources of energy declining drastically, all within a relatively short timeframe. more
Chancellor George Osborne today announced that he will deliver his first emergency Budget on June 22, exactly six weeks after the new coalition Government took office.
Mr Osborne said that he would also be setting out next week details of the £6 billion of spending cuts to be made this year.
Speaking at the Treasury with new Liberal Democrat Treasury Chief Secretary David Laws alongside him, Mr Osborne warned that failure to tackle the UK's record deficit would be "disastrous". More....
Telegraph- "We are finding all sorts of skeleton in various cupboards," Mr Osborne said in a interview with the Financial Times. He said "forecasts were fiddled" to help the government present the "sort of Budget it wanted to present" and that by the end the country had been left with "absolutely terrible public finances". more
Nourishing Obscurity-Dr Albert A. Bartlett makes a strong case that key influencers of opinion, e.g. governments, their advisers or scientists are simply not doing the maths necessary to create a true scenario from which people can judge more accurately. He says:
“The greatest shortcoming of the human race is our inability to understand the exponential function.” more
Spectator- The cover of today's Sunday Times spells out what we all suspected anyway: that the Labour government left behind acre upon acre of scorched earth for the Tories to contend with. There's the £13 billion contract for tanker aircraft, the £1.2 billion "e-borders" IT project, a £420 million spend on schools, and so on – most of them put in place just before the election. As James said earlier, Sir Alan Budd's audit of the public finances is likely to show that things are much worse than the last Budget dared admit. more
Express- THE national debt will equal the value of Britain’s entire economic output by 2054 due to the spiralling cost of public-sector pension schemes, according to new estimates. more
Pajamas Media- Al Gore told us to expect the end of winter, yet to the amazement — and amusement — of many, some warmists explained that last winter’s record cold and snowfall was due to global warming! Apparently extremes of weather are a sure sign that global warming is dramatically mixing things up — and it’s even worse than we thought!
Record cold, record heat, drought, floods, everything that happens is consistent with man-made global warming theory. What a theory! All my life I believed that warmer made snow melt and colder made water freeze. I dressed accordingly. more.
Huffington Post- The majority of the American population now thinks that global warming probably doesn't exist. Part of that is the huge amount of money which has been spent on propaganda, but part of it is that the only continent which is not experiencing increased temperatures right now--is the continental USA*. If you want to be a climate change denialist, America is a great place to live. more
Disinformation- Watch for markets taking a dive tomorrow. Or for governments to heavily interfere to try to prevent plunging stock market indices. It ain’t going to be pretty. more
Public Technology- Citizens of both the UK and the EU face grave challenges to privacy and ultimately their liberty because of the amount of data being secretly collected about them by both states and businesses. more
New Scientist-Google, Facebook and the pressure group Privacy International this week welcomed the raft of civil liberties measures announced by the UK's incoming Conservative-Liberal coalition government. But some of the plans could founder on the rocks of what Privacy International calls the "real opposition": not the Labour party, but an intransigent, security-obsessed civil service. more
Market Oracle- Are the markets manipulated ? Are they ?
You have been repeatedly told by those that clearly don't immerse themselves in trading on a regular basis that they are not manipulated instead the movements are a function of some ordered theory that implies certainty of outcome when all one can do in reality is to conclude towards a probability of outcome that are usually little better than 60/40, well on the 6th everyone got the answer that they should imprint into their memories that the markets REALLY ARE manipulated. more
Natural News- Psychiatrists have been working on the fourth revision of the Diagnostic and Statistical Manual of Mental Disorders (DSM) and, in it, they hope to add a whole slew of new psychiatric disorders. Unfortunately, many of these disorders are merely differences in personality and behavior among people.
The new edition may include "disorders" like "oppositional defiant disorder", which includes people who have a pattern of "negativistic, defiant, disobedient and hostile behavior toward authority figures." Some of the "symptoms" of this disorder including losing one's temper, annoying people and being "touchy". more
The final designs for a new jump-on, jump-off double-decker bus for London are due to be unveiled.
The designs, being shown off by Conservative London Mayor Boris Johnson, are based on the old driver-and-conductor Routemaster bus which was taken out of regular service in December 2005. More....
Leap 20/20- Just as anticipated spring 2010 really marks a tipping point of the global systemic crisis, characterized by a sudden expansion due to the intolerable size of public deficits and the inexistence of the recovery, so often announced. more
Telegraph- Middle-income families could be more than £3,000 a year worse off under the new coalition Government, The Sunday Telegraph can reveal.
Figures from accountancy firm BDO show that a family earning £50,000 a year could lose more than £2,000 annually through increases in VAT and capital gains tax and if pensions tax relief at 40pc for higher-rate taxpayers is removed. more
Before it's News- The global financial crisis is now officially turning into a currency crisis as predicted by Ron Paul and others years ago. With the new $1 trillion E.U. rescue package, central banks around the world are printing money out of thin air to prop up a failing system. The idea that American citizens are paying to bail out Europe is astounding. The Federal Reserve and other central banks are intentionally devaluing currencies worldwide to bring in a new international reserve currency regulated by them. In other words, the people who caused the crisis are coming in and offering the solution giving them total control over the world's monetary system. more
Before it's News- Argentinean Economist Adrian Salbuchi writes about the difficulties faced in Argentina during their currency crisis of their catastrophic decade 1991-2000, which ended in massive default and how this compares with Greece and soon many other country's plights. more
Business Insider- Historian Niall Ferguson spoke with the Big Think about where the world's future is heading, with the end of the American Empire very much in the cards. more
Telegraph- David Cameron has vowed to crack down on "crazy" bonuses paid to civil servants as the new Government seeks to reduce the costs of the bloated public sector. more
Daily Mail- Residents are being asked to report neighbours for 'environmental crimes' such as putting their bins out too early or late.
A council is urging householders to snoop on fellow residents and fill in 'diary sheets' to log incidents - the same way it tackles violent anti-social behaviour.
Such 'crimes' can be committed by putting bins out at the wrong times or leaving them in the wrong place. more
Telegraph- Price pressures in Britain are intensifying with annual inflation expected to rise further above the 2pc target when the latest figures are published on Monday. more
The Coming Depression- Officially, Detroit's unemployment rate is just under 30 percent. But the city's mayor and local leaders are suggesting a far more disturbing figure -- the actual jobless rate, they say, is closer to 50 percent. more
Telegraph- As 5,000 barrels of oil gush into the Gulf of Mexico from BP’s leaking Macondo well each day, you might expect the price of crude to be rising on concerns about higher costs and tighter regulation for the energy majors. more
Der Spiegel-In a SPIEGEL interview, Jean-Claude Trichet, the 67-year-old president of the European Central Bank, discusses the largest financial rescue package in the history of Europe, the role and importance of speculators in the euro crisis and the weakness shown by politicians in the euro zone member states. more
Guardian- As Bangkok suffers its worst political unrest for two decades, the Thai army has declared parts of the city "live-fire zones", warning that anyone found entering certain roads in the capital will be shot on sight.
The move came as one of the leaders of the redshirt protesters said that there would be "civil war" if the army did not pull back and declare a ceasefire. more
National Geographic-If efforts fail to cap the leaking Deepwater Horizon wellhead in the Gulf of Mexico, oil could gush for years—poisoning coastal habitats for decades, experts say. more
Telegraph- Louisiana officials have accused BP of turning the Gulf of Mexico into a toxic testing-ground after winning permission for experimental chemical methods of fighting the oil slick. more
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