Friday, 13 February 2009

Euro Zone Sees Biggest Contraction on Record 
The euro zone economy saw its deepest contraction on record in the fourth quarter of 2008, data showed on Friday, boosting pressure on the European Central Bank to cut interest rates by 50 basis points in three weeks.

GOLD Separating from the US DOLLAR-Banks insolvent 
Gold has been on a tear lately. Indeed, gold was the only commodity that did not break its long term trendline during the massive commodities correction starting summer of 2008

Tipping point reached: UK Met Office makes blistering attack on those who make ‘Apocalyptic climate predictions’ 
During the past few weeks, there have been several warnings of apocalypse from noted scientists. Dr. Hansen warned in The Guardian that President Obama has “four years to save the planet.”


Bill Clinton: We Need ‘Fairness Doctrine…or More Balance’ on Radio Talk Shows 
“Essentially there’s always been a lot of big money to support the right wing talk shows and let face it, you know, Rush Limbaugh is fairly entertaining even when he is saying things that I think are ridiculous.”