from KingWorldNews:

“We’re seeing every week, one domino after the next that is falling. So far they are only smaller dominos such as banks, smaller countries, etc.. No (major) country has fallen, but that will come. Every single economic figure is looking worse. World trade is declining — Chinese exports of steel were down 14% last month, US exports to the eurozone were down 5% last month and that is likely to increase to minus 20% if not more.
Egon von Greyerz continues @ KingWorldNews.com
Here They Come: Ireland Demands Renegotiation Of Its Bailout Terms To Match Spain

by Michael Snyder, SHTFPlan:
When the economy of a nation collapses, almost everything changes.
Unfortunately, most people have never been through anything like that,
so it can be difficult to know how to prepare. For those that are busy
preparing for the coming global financial collapse, there is a lot to be
learned from the economic depression that is happening right now in
Greece. Essentially, what Greece is experiencing is a low level
economic collapse. Unemployment is absolutely rampant and poverty is
rapidly spreading, but the good news for Greece is that the global
financial system is still operating somewhat normally and they are
getting some financial assistance from the outside.
Read More @ SHTFPlan.com

Read More @ SHTFPlan.com
By Grant Williams Scribd:
The first ten pages of this 27-page report is all about gold and gold
stocks. The author, Grant Williams of Vulpes Investment Management in
Singapore, understands the inner workings of the gold market
completely…as the list of gold commentators he says that you should
listen to includes just about everyone in the gold price management
camp…and the ones you shouldn’t listen to are all “the usual suspects”.
~Ed Steer, Casey Research
[Ed. note: The report will open in Scribd, which is similar to a pdf.]
Click here to Read the latest Report

[Ed. note: The report will open in Scribd, which is similar to a pdf.]
Click here to Read the latest Report
Steve Keen: Why 2012 Is Shaping Up To Be A Particularly Ugly Year

from JB3DProductions:
Spain IS Greece After All: Here Are The Main Outstanding Items Following The Spanish Bailout
After two years of denials, we finally have the right answer: Spain IS Greece. Only much bigger (it is also the US, although while the US TARP was $700 billion or 5% of then GDP, the just announced Spanish tarp is 10% of Spanish GDP, so technically Spain is 2x the US). So now that the European bailout has moved from Greece, Ireland and Portugal on to the big one, Spain, here are the key outstanding questions.
By: Peter Schiff , Gold Seek:

Last week in an interview on CBS Network News, Economist Mark Zandi, the chief economist for Moody’s, unwittingly revealed a central error of the global economic establishment. Zandi has made a career out of finding the middle ground between republican and democrat economic talking points. As a result of this skill, he has been rewarded with large quantities of airtime from media outlets that want to appear non-partisan, despite the fact that his supposedly neutral analysis often leaves listeners frustrated.
When asked about the recent deterioration in the global economy, Zandi said that “the worst possible scenario” at present would occur if Greece were to leave the Eurozone. He claimed that the economic gyrations and liquidations of bad debt that would result from such an exit would be sufficient to create a vicious cycle that could drag the global economy back into recession. As a result, he urged policy makers to take whatever steps necessary to maintain the current integrity of the 17 nation Eurozone.
Given what most economists now know, few would actively argue that Greece’s entrance into the Eurozone back in 2001 was a good idea. In fact most concede it was a terrible idea based on bad forecasting and outright fraud.
Read More @ GoldSeek.com
Last week in an interview on CBS Network News, Economist Mark Zandi, the chief economist for Moody’s, unwittingly revealed a central error of the global economic establishment. Zandi has made a career out of finding the middle ground between republican and democrat economic talking points. As a result of this skill, he has been rewarded with large quantities of airtime from media outlets that want to appear non-partisan, despite the fact that his supposedly neutral analysis often leaves listeners frustrated.
When asked about the recent deterioration in the global economy, Zandi said that “the worst possible scenario” at present would occur if Greece were to leave the Eurozone. He claimed that the economic gyrations and liquidations of bad debt that would result from such an exit would be sufficient to create a vicious cycle that could drag the global economy back into recession. As a result, he urged policy makers to take whatever steps necessary to maintain the current integrity of the 17 nation Eurozone.
Given what most economists now know, few would actively argue that Greece’s entrance into the Eurozone back in 2001 was a good idea. In fact most concede it was a terrible idea based on bad forecasting and outright fraud.
Read More @ GoldSeek.com
by Nick Edwards, Reuters:
China’s surprise rate cut unveiled on Thursday boosted hopes that cheaper credit would help combat its faltering economic growth, and it encouraged global share markets in their belief that the major economies were stepping up stimulus.
But the central bank’s cut, the first since the global financial crisis in late 2008, also raised concerns the economy may be weaker than previously thought.
Read More @ Reuters.com
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Russian President Vladimir Putin arrived in Beijing yesterday to start his first overseas visit after he was elected as the Russian leader again, which highlights the importance he attaches to his country’s relations with China. And in Beijing, no less, he is scheduled to hold talks with his Iranian counterpart, Mahmud Ahmadinejad. This is indicative of the joint Russian and Chinese geopolitical strategy.
Chinese foreign ministry spokesman Liu Wenmin spelled out the shared Russian and Chinese viewpoint on the ongoing crisis in Syria:
“On the Syrian issue, China and Russia have stayed in close communication and coordination both in New York, Moscow and Beijing … The position of both sides is clear to all – there should be an immediate end to violence and the political dialogue process should be launched as soon as possible”.
Read More @ ATimes.com
by Doug Noland, PrudentBear.com:
Global systemic stress has been gaining critical momentum, and
markets this week were heartened that global policymakers were in the
process of mustering meaningful responses. Scores of headlines offered
encouragement that European officials were working diligently on a plan
to help Spain resolve its banking crisis. While reports were
conflicting – and often contradictory – there was a general sense that
circumstances had forced the Germans into a softer approach. And as
global markets rallied, the fallback view again held sway that when
global policymakers recognize the seriousness of a situation they will
surely act accordingly – and, as such, “risk on” is alive if not well.
Pavlovian.
Confidence in politicians may be rather shallow, yet there remains deep faith in the capacity of central bankers to rise to the occasion and bolster global risk markets. First came comments from ECB president Mario Draghi: “We monitor all developments closely and we stand ready to act.” Fed vice chair Janet Yellen made it clear the Fed was poised to do more: “There are a number of significant downside risks to the economic outlook, and hence it may well be appropriate to insure against adverse shocks that could push the economy into territory where self-reinforcing downward spiral of economic weakness would be difficult to arrest… I am convinced that scope remains for [the Federal Reserve] to provide further policy accommodation either through its forward guidance or through additional balance-sheet actions.”
Read More @ PrudentBear.com

Confidence in politicians may be rather shallow, yet there remains deep faith in the capacity of central bankers to rise to the occasion and bolster global risk markets. First came comments from ECB president Mario Draghi: “We monitor all developments closely and we stand ready to act.” Fed vice chair Janet Yellen made it clear the Fed was poised to do more: “There are a number of significant downside risks to the economic outlook, and hence it may well be appropriate to insure against adverse shocks that could push the economy into territory where self-reinforcing downward spiral of economic weakness would be difficult to arrest… I am convinced that scope remains for [the Federal Reserve] to provide further policy accommodation either through its forward guidance or through additional balance-sheet actions.”
Read More @ PrudentBear.com
by Lois Romano, Politico:
On the sixth floor of a sleek office building here, more than 150
techies are quietly peeling back the layers of your life. They know what
you read and where you shop, what kind of work you do and who you count
as friends. They also know who your mother voted for in the last
election.
The depth and breadth of the Obama campaign’s 2012 digital operation — from data mining to online organizing — reaches so far beyond anything politics has ever seen, experts maintain, that it could impact the outcome of a close presidential election. It makes the president’s much-heralded 2008 social media juggernaut — which raised half billion dollars and revolutionized politics — look like cavemen with stone tablets.
Mitt Romney indeed is ramping up his digital effort after a debilitating primary and, for sure, the notion that Democrats have a monopoly on cutting edge technology no longer holds water.
Read More @ Politico
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The depth and breadth of the Obama campaign’s 2012 digital operation — from data mining to online organizing — reaches so far beyond anything politics has ever seen, experts maintain, that it could impact the outcome of a close presidential election. It makes the president’s much-heralded 2008 social media juggernaut — which raised half billion dollars and revolutionized politics — look like cavemen with stone tablets.
Mitt Romney indeed is ramping up his digital effort after a debilitating primary and, for sure, the notion that Democrats have a monopoly on cutting edge technology no longer holds water.
Read More @ Politico
by Christine Kane, Activist Post
The topic that was dangling at the forefront of most American’s minds
at the end of 2011, and even seeping into the beginning of 2012, was the
fate of the Internet.
The Stop Online Piracy Act, discussed further below, whipped citizens into a frenzy and led to the largest Internet-based protest to date.
In light of a slightly-reworked, renamed SOPA’s emergence, it is worth reviewing ten failed attempts by the American government to control the Internet.
1. Communications Decency Act (1996)…
2. Child Online Protection Act (1998)…
Read More @ Activist Post
Please help support our efforts to keep you informed. 
The Stop Online Piracy Act, discussed further below, whipped citizens into a frenzy and led to the largest Internet-based protest to date.
In light of a slightly-reworked, renamed SOPA’s emergence, it is worth reviewing ten failed attempts by the American government to control the Internet.
1. Communications Decency Act (1996)…
2. Child Online Protection Act (1998)…
Read More @ Activist Post
from Anthony Wile, The Daily Bell:
“A year, year and a half ago, I was a physician in a small town,” Paul, the junior Republican senator from Kentucky, told CNN‘s
Don Lemon. “And it would be a great honor to be considered as a vice
president for the Republican Party. I think that would be something that
anybody who said otherwise would not be being truthful.” – CNN
Rand Paul keeps making news – bombshell after bombshell.
Just yesterday, CNN ran an article quoting Rand Paul as saying, “it would be a great honor to be considered as a vice president for the Republican Party. I think that would be something that anybody who said otherwise would not be truthful.”
So Rand Paul is open to becoming Mitt Romney‘s running mate?
Read More @ TheDailyBell.com

Rand Paul keeps making news – bombshell after bombshell.
Just yesterday, CNN ran an article quoting Rand Paul as saying, “it would be a great honor to be considered as a vice president for the Republican Party. I think that would be something that anybody who said otherwise would not be truthful.”
So Rand Paul is open to becoming Mitt Romney‘s running mate?
Read More @ TheDailyBell.com
from SchiffReport:
Does Washington have the American taxpayers’ interests as their top priority? Watch as lobbyists drown out your voice and Peter fights the tide.
Does Washington have the American taxpayers’ interests as their top priority? Watch as lobbyists drown out your voice and Peter fights the tide.
from women4truth:
Starting at 4:50 -
Romney: “Well, you know, I think Ben Bernanke is a, a, a student of, of monetary policy…I think he’s doing a good job…He’s a pretty skilled expert at dealing with recessions and depressions and studying how you avoid depressions.”
Starting at 4:50 -
Romney: “Well, you know, I think Ben Bernanke is a, a, a student of, of monetary policy…I think he’s doing a good job…He’s a pretty skilled expert at dealing with recessions and depressions and studying how you avoid depressions.”
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