
- National Debt From 1940
Maxing Out the National Debt Clock
Reported by U.S. NEWS
As of December 29, The National Debt stands at 10.6 Trillion. Thats almost $35,000 for every person!

- Madoff was arrested for running a $50 billion “Ponzi scheme”
World’s Biggest Swindle
Reported by TIMES ONLINE
The former chairman of the Nasdaq Stock Market is best known as the founder of Bernard L. Madoff Investment Securities LLC, the closely-held market-making firm he launched in 1960. But he also ran a hedge fund that U.S. prosecutors said racked up $50 billion of fraudulent losses.
Mr Madoff told them that he was “finished”, that he had “absolutely nothing”, and that “it’s all just one big lie”. He said the investment arm of his firm was “basically a giant Ponzi scheme”, and that it had been insolvent for years.
A Ponzi scheme, named after the swindler Charles Ponzi, is a fraudulent investment operation that pays abnormally high returns to investors out of money put into the scheme by subsequent investors, rather than from real profits generated by share trading.

- The financial crisis and climate change are pushing national governments towards global solutions
. . . and now for world government
Reported by Financial Times
An article by editor Gideon Rachman says “I have never believed that there is a secret United Nations plot to take over the US. I have never seen black helicopters hovering in the sky above Montana. But, for the first time in my life, I think the formation of some sort of world government is plausible”

- According to Bloomberg the cost of the Bail out will hit $8.5 Trillion
Bailout Hits 8.5 trillion
Reported by San Fransisco Chronicle
Most of the money, about $5.5 trillion, comes from the Federal Reserve, which as an independent entity does not need congressional approval to lend money to banks or, in “unusual and exigent circumstances,” to other financial institutions.
That sum represents almost 60 percent of the nation’s estimated gross domestic product.

- Shocking proposal urges military leaders to attack major foreign power.
RAND Lobbies The Pentagon To Start New War To Save U.S. Economy
Reported by Pakistan Daily
According to reports out of top Chinese mainstream news outlets, the RAND Corporation recently presented a shocking proposal to the Pentagon in which it lobbied for a war to be started with a major foreign power in an attempt to stimulate the American economy and prevent a recession.

- If this is not reason enough to close down the whole biotech industry once and for all, I am not sure what kind of disaster we are waiting for.
Why eating GM food could lower your fertility
Reported by Mail Online
Genetically modified corn has been linked to a threat to fertility in an official study that could deliver a hammer blow to controversial ‘Frankenstein Food’.
GM expert at Greenpeace International, Dr Jan van Aken, said: ‘Genetically Engineered food appears to be acting as a birth control agent, potentially leading to infertility.

- according to an internal client note from the US bank Citigroup, gold could hit $2000 an ounce in 2009
As the World unravels
Reported by Telegraph
The bank said the damage caused by the financial excesses of the last quarter century was forcing the world’s authorities to take steps that had never been tried before.
This gamble was likely to end in one of two extreme ways: with either a resurgence of inflation; or a downward spiral into depression, civil disorder, and possibly wars. Both outcomes will cause a rush for gold.

- A New York Times reporter obtained the call-in phone number for an Oct. 17 conference call
Morgan Chase Exec Brags Bailout Is for Takeovers
Reported by Executive Intelligence Review
In an internal bank conference call last week, a JP Morgan Chase executive, unaware that his conversation would be heard and published by a reporter, confirmed exactly what Lyndon LaRouche has said about the Hank Paulson bail-out: It has nothing remotely to do with extending lending to the U.S. economy, but is concerned with the Mussolini-like corporatist restructuring of the U.S. banking system, turning over the “smaller banks” to the totally bankrupt big banks, so that they can digest the smaller banks’ assets, and survive perhaps a few more weeks.

- More than 31,000 scientists have signed a petition denying that man is responsible for global warming
Scientists deny man-made global warming
Reported by Telegraph
The academics, including 9,000 with PhDs, claim that greenhouse gases such as carbon dioxide and methane are actually beneficial for the environment.
It added: “There is no convincing scientific evidence that human release of … greenhouse gases is causing or will, in the forseeable future, cause catastrophic heating of the Earth’s atmosphere and disruption of the Earth’s climate. Moreover, there is substantial scientific evidence that increases in atmospheric carbon dioxide produce many beneficial effects upon the natural plant and animal environments.”
Combined that with Over 650 dissenting scientists from around the globe that challenged man-made global warming claims made by the United Nations Intergovernmental Panel on Climate Change and former Vice President Al Gore. The U.S. Senate Minority Report — updated from 2007’s groundbreaking report of over 400 scientists who voiced skepticism about the so-called global warming “consensus” — features the skeptical voices of over 650 prominent international scientists, including many current and former UN IPCC scientists, who have now turned against the UN IPCC.

- Federal Reserve Chairman Ben Bernanke
Fed Considers Issuing Their Own Debt
Reported by Telegraph
To show the gravity of the financial crisis we are in the middle of, and yes we are in the middle, not the end. The Fed has already slashed interest rates to near 0%, given out $2 trillion in disclosed loans, then got sued by Bloomberg for not telling the American public who got the money.
The Federal Reserve is desperate, and they are running out of options on how to avoid a depression. One Option is to issue their own debt, something that has never been done.
Of course this debt would have no congressional oversight, and ends up on the back of American Tax payers.