Another good interview with Dr Paul. It is amazing how incredible dumb most news anchors are...if you need more proof watch the video of Neocon Wolf Biltzer on Jeopardy [more]
MY COMMENT: Mish has an outstanding post about how Government agencies do the opposite of what they are created to do. [more]
MY COMMENT: This is the second part of: Stock Bulls are Going to get Hit Hard. S&P P/E = 140, which I posted on 06 OCT 09.
GW has the post: [more]
Hat tip to mliu01 for finding the video. [more]
MY COMMENT: The first blog I ever read was by retired COL David Hackworth, who was the author of About Face and the most highly decorated Army veteran with 8 purple hearts etc, etc.... One of the writers on Hackworth's NON politically correct blog was COL Bartos. [more]
MY COMMENT: Do not confuse Paper Gold for REAL gold. [more]
MY COMMENT: One of Mish's best posts here: [more]
Not sure if we are going to get inflation or deflation or hyperinflation. Neither are you...because you are not in the FED meetings and they can yank this market either way. [more]
During his questioning of Federal Reserve Chairman Ben Shalom Bernanke before the House Financial Services Committee, U.S. congressman Alan Grayson (D), representing Florida's 8th congressional district (Orlando, Ocala, Eustis), burst out laughing at Bernanke's hubris. [more]
Gold Touches a New Record
by Bill Bonner
by Bill Bonner
Recently by Bill Bonner: US Dollar Is Getting Trashed [more]
Dr. Michael Hudson is a financial economist and historian. Bonnie Faulkner interviewed him for KPFA radio's Guns and Butter program on October 9th, 2008. If you want the real deal about the 850 billion dollar fleecing of America that is the Wall Street bailout, this is it. And as Dr. Hudson points out, 850 billion is only the beginning. The purveyors of this unprecedented fraud are actually looking to roll us for trillions of dollars.
I guarantee you will not see or hear this interview in the mainstream media. Please share it with as many people as you can. This information is incredibly important.
Michael Hudson is not some airbrushed, jello-brained MSM pundit. He actually knows what he's talking about, and he's telling it like it really is. Henry Paulson and the rest of the criminals raiding our treasury must be stopped. They are quite intentionally trying to destroy our country.
Key excerpts are featured here, but you should really listen to the entire interview, which you can find on Dr. Hudson's website, to which you will find a link below.
Again, please pass this information on to as many people as you can. [more]
Fool has been taliking about this for a year, now Marc Faber, Paul Farrell and Kunstler are breaking out the WW3 discussion. [more]
According to Standard & Poor's, the price/earnings ratio for the S&P 500 on September 30 rose above 140. Investors were paying over $140 for each dollar's worth of reported earnings. Given the fact that this ratio has never before reached 50, this is a P/E mania like no other in stock market history. (Re here [more]
Great interview here: [more]
Zerohedge's was the first to let Americans know they were being played for suckers by HFT. Now Comedy Central picks up the story: [more]
Submitted by Tyler Durden at Zerohedge here: [more]