Monday, July 27, 2009

Mapping Unemployment: Out of Work in America

Spitzer: Federal Reserve Is ‘A Ponzi Scheme"

Spitzer: Federal Reserve Is ‘A Ponzi Scheme, An Inside Job’
The Federal Reserve — the quasi-autonomous body that controls the US’s money supply — is a “Ponzi scheme” that created “bubble after bubble” in the US economy and needs to be held accountable for its actions, says Eliot Spitzer, the former governor and attorney-general of New York.

The Rise and Fall of the Televison Journalist

9/11 an Inside Job?

CIA and The Iran Riots

Disney Income Tax

Chinas Car Boom

China's Car Sales Boom, Reshaping A Way Of Life
This city is a symbol of China's past — the birthplace 2,500 years ago of the revered philosopher Confucius, a town where ancient temples still stand and the gas station sells time-honored Chinese delicacies such as chicken feet and tea eggs. Even here, though, cars are suddenly everywhere — honking constantly, speeding through the city's medieval gates, crowding pastthe horse-drawn carts and rickshaw cycles that have had Qufu's roads mostly to themselves. "We never used to have traffic jams," sighs Song Wenjun, 63, who founded the local brewery. Song says just a year ago, his chauffeur-driven Buick moved easily through the city of 60,000, hindered only by its four stoplights. Now, he says, there are more than 20 lights and the roads are packed.

History Gold Purchase

Getting Real About Gold
America's third largest life insurer, Northwestern Mutual Life Insurance, has been in existence for 152 years. It has never in all those years bought gold - until now. The company has disclosed it recently invested around $US400 million to buy the yellow metal in the expectation that it was not only a prudent way to preserve its funds but also that the metal's price will rise significantly. This is significant because here is a presumably conservatively-run company putting a good deal of faith in gold. We’re not just listening to the gold bugs anymore - their predictions are finally coming true. The rest of the world is now starting to buy the gold story.