"Think the unthinkable," Andrew Roberts, RBS's chief of credit wrote.

Good article...read the entire article all the way to the bottom!

http://finance.yahoo.com/banking-budgeting/article/110194/are-the-helicopters-about-to-take-off;_ylt=AoGeJ2Yh2OEjryveFiIMAtK7YWsA;_ylu=X3oDMTE2azIzYzIyBHBvcwMxMARzZWMDdG9wU3RvcmllcwRzbGsDYnVsbGFyZGZsaXAt?mod=bb-budgeting&sec=topStories&pos=8&asset=&ccode=

Nassim Taleb: "The Government Debt Is Becoming A Pure Ponzi Scheme"

The problem is getting runaway. It's becoming a pure Ponzi scheme. It's very nonlinear: You need more and more debt just to stay where you are. And what broke Madoff is going to break governments. They need to find new suckers all the time. And unfortunately the world has run out of suckers."

http://www.zerohedge.com/article/nassim-taleb-government-debt-becoming-pure-ponzi-scheme

Wonder Women says FUCK IT!

Wonder Woman's Costume Does Not Define Her Patriotism

GREAT now Wonder Women has gone PC...we have a One World Wonder Women?

http://www.foxnews.com/entertainment/2010/07/28/olivia-munn-blasts-like-original-wonder-woman-costume/?test=faces&bcsi_scan_24DE46460B4E2EF0=l+1Pk24XOuJEyp8h0xkksXtJK+UIAAAA6WoNBA==

One in five Californians say they need mental health care

Almost 5 million California adults say they could use help with a mental or emotional problem, according to a survey released Wednesday by researchers at UCLA. About 1 million of them meet the criteria for "serious psychological distress.

Now this I can believe!

http://www.latimes.com/news/health/boostershots/la-heb-mentalhealth-20100728,0,2495137.story

Key parts of Arizona anti-immigration law blocked

Another opportunity for Arizona'ns to make a choice at the ballot box...

A judge on Wednesday blocked key parts of Arizona's tough new immigration law hours before it was to take effect, handing a victory to the Obama administration as it tries to take control of the issue.

http://www.reuters.com/article/idUSTRE66R45C20100728

Obama Missing Historic Boy Scout Jamboree for Fundraisers, 'View' Taping

This is just WRONG and pathetic. Guess he doenst plan on attending a Boy Scouts jamboree as president. He wont get another chance...

The Jamboree is held once every four years. This year's festivities mark the organization's 100-year anniversary -- scouts are scheduled to visit Washington, D.C., and other regional attractions in connection with the celebration.

http://www.foxnews.com/politics/2010/07/27/obama-missing-historic-boy-scout-jamboree-fundraisers-view-taping/

Record number of fake £1 coins could force reissue

Another reason for recall of a nations currency...


http://www.telegraph.co.uk/finance/personalfinance/consumertips/banking/7910602/Record-number-of-fake-1-coins-could-force-reissue.html

Yeah this is a good idea~he's an idiot

Treasury Secretary Tim Geithner said that allowing tax cuts for the wealthy to expire would be "the responsible thing to do.

http://www.washingtonpost.com/wp-dyn/content/article/2010/07/25/AR2010072500870.html?nav=rss_email/components

Bullion buyers bank on gold coins

Precious-metals research firm GFMS estimated that 229 metric tons of gold coins were sold in 2009, up 22% from the 187 metric tons of 2008 and almost 70% from the 135 metric tons that moved in 2007.

http://www.marketwatch.com/story/bullion-buyers-bank-on-gold-coins-2010-07-23?siteid=nbkh

FAT Tax on its way to a McDonalds near you

Germany Weighs Tax on the Obese

Marco Wanderwitz, a conservative member of parliament for the German state of Saxony, said it is unfair and unsustainable for the taxpayer to carry the entire cost of treating obesity-related illnesses in the public health system.

http://www.aolnews.com/world/article/germany-considers-tax-on-the-obese/19566425

Britain Plans to Decentralize Health Care

Practical details of the plan are still sketchy. But its aim is clear: to shift control of England’s $160 billion annual health budget from a centralized bureaucracy to doctors at the local level. Under the plan, $100 billion to $125 billion a year would be meted out to general practitioners, who would use the money to buy services from hospitals and other health care providers.

http://www.nytimes.com/2010/07/25/world/europe/25britain.html?_r=2&hp

Judge sharply questions federal argument against Arizona law

GOOOOOOD

A federal judge sharply questioned the Justice Department's key argument that Arizona's immigration law interferes with federal enforcement of immigration law.

http://news.yahoo.com/s/yblog_upshot/20100723/pl_yblog_upshot/judge-sharply-questions-feds-argument-against-arizona-law

An even more detailed article...

http://www.washingtonpost.com/wp-dyn/content/article/2010/07/22/AR2010072201548.html?hpid=topnews

Interesting article---

22 Statistics That Prove That The Middle Class Is Being Systematically Wiped Out Of Existence In America

http://endoftheamericandream.com/archives/22-statistics-that-prove-that-the-middle-class-is-being-systematically-wiped-out-of-existence-in-america

The Tax Tsunami On The Horizon

This breaks down the upcoming taxes......STAND BY

Fiscal Policy: Many voters are looking forward to 2011, hoping a new Congress will put the country back on the right track. But unless something's done soon, the new year will also come with a raft of tax hikes — including a return of the death tax — that will be real killers.

http://www.investors.com/NewsAndAnalysis/Article/541131/201007211841/The-Tax-Tsunami-On-The-Horizon.aspx?bcsi_scan_24DE46460B4E2EF0=6B1IZ9x7mnZDoj2/ydLPnpAlXBoGAAAAYYK/Ag==&bcsi_scan_filename=The-Tax-Tsunami-On-The-Horizon.aspx

Estate tax to return in 2011, and it could hurt ordinary folks

This is both criminal and immoral!!!!!!!!!!!!!!!!

http://www.usatoday.com/money/perfi/taxes/2010-07-21-estatetax21_CV_N.htm?bcsi_scan_24DE46460B4E2EF0=FytCdyn2SVTy2bPre7DD91PkiMYGAAAA5ci+Ag==&bcsi_scan_filename=2010-07-21-estatetax21_CV_N.htm

Hearing Today on State of U.S. Coins and Currency

Did he misspeak or was this a Freudian slip????

At Freedom Fest 2010 conference in Las Vegas two weeks ago, Jerry Jordan, who was president of the Federal Reserve Bank of Cleveland from 1992 to 2003, was asked if all the gold in Fort Knox was still there. Jordan affirmatively stated that all the gold that the U.S. owned at Fort Knox was still there. He immediately revised his statement to say that all of the gold that the U.S. claimed to have in “custody” at Fort Knox was still there. There is a huge difference between “owned” and in “custody.” Jordan’s comment is not an official acknowledgement that at least some gold reported as being held by the U.S. government is owned by others. However, it does heighten the suspicion that this could be true.

http://www.numismaster.com/ta/numis/Article.jsp?ad=article&ArticleId=12354&bcsi_scan_24DE46460B4E2EF0=Yyr18xrY3lzF72NwmZ2lKiiQyzsFAAAAhE2iAg==&bcsi_scan_filename=Article.jsp

Banks may hike check fees after finance reforms

C'mon...is there any doubt???


With the ink barely dry on Congress’ new financial-reform bill, which includes new regulations and credit-card restrictions on banks, some national and regional banks were already planning to raise fees on checking accounts and other services in an attempt to boost revenues.

http://www.bostonherald.com/business/general/view/20100719banks_may_hike_check_fees_after_finance_reforms/srvc=business&position=also

Fake fears over Ethiopia's gold

Ethiopia's national bank has been told to inspect all the gold in its vaults to determine its authenticity.
It follows the discovery that some of the "gold" it had bought for millions of dollars was gold-plated steel.

http://news.bbc.co.uk/2/hi/africa/7294665.stm

Fake gold bars out of tungsten a counterfeit story

This October, bankers in Hong Kong were in for a rude shock when they discovered some gold bars from the US to be actually gold plated tungsten i.e., fake gold bars. Acting fast, the Chinese officials found the perpetrators within hours. It seems that fake Tungsten blanks, between 1.3 and 1.5 million 400 oz, were manufactured in the US about fifteen years ago during the Clinton administration.

http://gold-quote.net/en/articles/fake-tungsten-gold-bars.php

Rust Discovered On Bank Of Russia Issued 999 Gold Coins

Here's a head scratcher: as everyone knows from elementary chemistry courses, gold is the most inert metal in the world - it does not rust, nor corrode. Yet this is precisely what Russian commercial precious metal trading company, International Reserve Payment System, discovered on thousands of (allegedly) 999 gold coins "St George" (pictured insert) issued by the Central Russian Bank.

http://www.zerohedge.com/article/rust-discovered-bank-russia-issued-999-gold-coins