Sinclair: Today was a Cover-Up By the Fed & Mainstream Media

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/3/1_Sinclair__Today_was_a_Cover-Up_By_the_Fed_%26_Mainstream_Media.html

George Osborne: UK has run out of money

http://www.telegraph.co.uk/news/politics/9107485/George-Osborne-UK-has-run-out-of-money.html

“The British Government has run out of money because all the money was spent in the good years,” the Chancellor said. “The money and the investment and the jobs need to come from the private sector.”

Wow, a political leaders speaks the truth.

EXTEND & PRETEND COMING TO AN END

http://www.theburningplatform.com/?p=29848

Chart: 'America’s Per Capita Government Debt Worse Than Greece'

http://www.weeklystandard.com/blogs/chart-america-s-capita-government-debt-worse-greece_631797.html

G20 moves to line up huge rescue deal for April

http://in.mobile.reuters.com/article/businessNews/idINDEE81N0GP20120226

Stockton to Take Steps Toward Bankruptcy, City Manager Says

http://www.businessweek.com/news/2012-02-24/stockton-to-take-steps-toward-bankruptcy-city-manager-says.html

Pat Knight’s rant may be the news conference of the year

Unintended Consequences

http://www.sprott.com/media/108878/0212%20Unintended%20Consequences.pdf

Gold Bullion or Cash

This is a worthy re-run:


http://youtu.be/ja0EeLCraXI

Companies With Mineable Ounces Soundest Investment For Coming Volatility

http://www.jsmineset.com/2012/02/22/companies-with-mineable-ounces-soundest-investment-for-coming-volatility/

RBS to Dole Out £400 million In Bonuses Despite Full Year Loss Forecast

I guess we haven't learned anything.


http://www.ibtimes.co.uk/articles/303192/20120223/rbs-bonus-loss-forecast-results-investmnet-bank.htm#ixzz1nDvxeSYb

Gasoline Prices Are Not Rising, the Dollar Is Falling

The title of this op-ed is correct, even if some of the details are questionable. 

http://www.forbes.com/sites/louiswoodhill/2012/02/22/gasoline-prices-are-not-rising-the-dollar-is-falling/

City of Stockton will suspend bond payments to avoid bankruptcy

http://www.sacbee.com/2012/02/24/4288696/city-of-stockton-will-suspend.html

Hoping to stave off the ignominy of becoming America's largest city to declare bankruptcy, Stockton officials are planning on suspending $2 million in bond payments and are seeking mediation with the city's creditors.

Deis said Stockton's $20 million budget deficit could double or worse if the city doesn't take dramatic actions. He said Stockton is reeling financially due to severe fiscal miscalculations, including approving generous public employee benefits in the early 1990s and failing to anticipate devastating impacts of the mortgage crisis on city tax coffers.

Deis, who came to Stockton from Sonoma County in 2010, charged that the city effectively created an unsustainable "ponzi scheme" when it approved benefits, including health care for life for city employees with as little as month in service time. As a result, the city manager said, Stockton faces an obligation of as much as $450 million in unfunded retirement costs.

Read more here: http://www.sacbee.com/2012/02/24/4288696/city-of-stockton-will-suspend.html#storylink=cpy

Read more here: http://www.sacbee.com/2012/02/24/4288696/city-of-stockton-will-suspend.html#storylink=cpy

Pento - Money Supply & Inflation Exploding Around the World

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/2/22_Pento_-_Money_Supply_%26_Inflation_Exploding_Around_the_World.html

Eurozone approves new $173B bailout for Greece

http://www.cnn.com/2012/02/20/business/greece-bailout/index.html?iid=HP_LN

Infographic On The Greatest Gun Salesman In America: President Obama

http://www.zerohedge.com/news/infographic-greatest-gun-salesman-america-president-obama

Inflation Everywhere but MSM Says NOT

http://usawatchdog.com/inflation-everywhere-but-msm-says-not/

Foreclosure abuse rampant across U.S., experts say

http://www.reuters.com/article/2012/02/17/us-usa-housing-defaults-idUSTRE81G04M20120217

A report this week showing rampant foreclosure abuse in San Francisco reflects similar levels of lender fraud and faulty documentation across the United States, say experts and officials who have done studies in other parts of the country.

Another March to War?

http://www.rollingstone.com/politics/blogs/taibblog/another-march-to-war-20120217

As WTI Passes $105, Guardian Says Iran "Military Action Likely", Would Send Crude Soaring

Please don't insult us preppers and confess you didn't see this coming.  You were warned--multiple times.


http://www.zerohedge.com/news/wti-passes-105-guardian-says-military-action-likely-would-send-crude-soaring

Ron Paul - Predictions in Due Time (Original)

Ron Paul got it completely right--10 years ago.  He won't be elected President, because he will be attacked from both liberals and conservatives who wish to maintain the status quo.  Honesty does not pay in politics.


http://youtu.be/zGDisyWkIBM

Iran stops oil sales to British and French firms

http://news.yahoo.com/iran-stops-oil-sales-british-french-companies-oil-124556230.html

Look for higher fuel prices going forward.  The US and Euro zone already announced a ban on Iranian oil imports.  So Iran retaliated and banned any exports to these countries.  Glad to see we've evolved as a human race.

James Rickards: Paper, Gold or Chaos?

http://www.chrismartenson.com/blog/james-rickards-paper-gold-or-chaos/71504

Obama wants cheaper pennies and nickels

I told you guys to save your nickels.  To those who thought I was bat$hit crazy, tough luck.

http://money.cnn.com/2012/02/15/news/economy/pennies_nickels/index.htm?iid=GM

There have been times in recent years when a run-up in zinc and copper prices has taken the raw material value of a penny above one cent.

That's the case for a nickel today. Its more expensive metal mix means the raw materials in each are worth almost 6 cents per coin, based on current market prices.

But, but...wait--haven't the recent government data suggest inflation is under control?  Then why on earth are prices of raw materials soaring?

The take away message is that when empires debase their currency, they eventually are literally forced to debase their currency.  This isn't rocket science, folks.  And trust government inflation data at your own peril.

GOLD 1980 Vs. TODAY

http://youtu.be/umSZOKNHY-M