2011 September | American Pendulum

Trader on BBC: Markets Will Crash, Goldman Sachs RULES

Posted by admin Top Stories Monday, September 26th, 2011

This video has gone viral around the Web…Watch it and see why – Alessio Rastani says coming crash inevitable, and that Goldman Sachs Rules the world. In a scary and painfully frank interview a freaked out BBC interviewer is visibly shaken when market trader Alessio Rastani predicts that the “Market is Toast.” Apparently there is nothing Euro governments can do.
Update:

The People's Book Project

Posted by admin Featured Media Monday, September 26th, 2011

Hey there, world! I am beginning work on a new venture, The People’s Book Project (www.thepeoplesbookproject.com). Please support!

twisted truths – gracie coates / VERDADES RETORCIDAS

Posted by admin Featured Media Sunday, September 25th, 2011

Beautiful young woman…Beautiful message.

Privatization: A Move Backwards

Posted by admin Economy Sunday, September 25th, 2011

Marti & Luke Hiken-When one reviews the history of privatization throughout world history, one sees those institutions and periods in which that theory thrived: the feudal ages, private kingdoms, and ruling dynasties. Unfortunately, the direction of the future points to “privatization” as a right of an anointed royalty, and not of the people, who would seek to place the needs of all and the wealth of the nation in the hands of the many, and not the few.

$250 Trillion In Outstanding US Derivative Exposure: Five Banks Account For 96% of It

Posted by admin Top Stories Saturday, September 24th, 2011

Tyler Durden-The top 4 banks: JPM with $78.1 trillion in exposure, Citi with $56 trillion, Bank of America with $53 trillion and Goldman with $48 trillion, account for 94.4% of total exposure. As historically has been the case, the bulk of consolidated exposure is in Interest Rate swaps ($204.6 trillion), followed by FX ($26.5TR), CDS ($15.2 trillion), and Equity and Commodity with $1.6 and $1.4 trillion, respectively.

Is American Literature Worth Reading?

Posted by admin National News/Opinion Saturday, September 24th, 2011

The giants of American—such as novelists Henry James, Ernest Hemingway, F.Scott Fitzgerald, Nathaniel Hawthorne and Herman Melville–have attained a stature that is hard to match. But our crop of new writers shows true promise.

Mark Faber Warns the BIG ONE is On the Way – Sept 2011

Posted by admin Economy Friday, September 23rd, 2011

Marc Faber: “We’re not talking about just economics here; We’re Talking About an Election”.

US Dollar Is ‘Not a Safe Haven’: Jim Rogers

Posted by admin Economy Friday, September 23rd, 2011

“I hope the trade war doesn’t break out” because throughout history when it does it has “caused depressions,” Rogers added. “You saw what happened in the 1930s. It led to depression and it also led to war. So I hope it can be contained.”

UN: Profound Regret Over Troy Davis Execution

Posted by admin World Friday, September 23rd, 2011

The United Nations human rights office expressed profound regret today over this week’s execution in the United States of Troy Davis, saying that the process that led to his death may have violated international law.

UN expert calls on Member States to recognize Palestinian State

Posted by admin World Friday, September 23rd, 2011

An independent United Nations human rights expert today called on Member States to recognize “the reality of Palestinian statehood,” and urged Israel to listen to the will of the millions of people who have suffered under its occupation.