Gold's 'Real Move' to $7,000 Coming: Asset Manager: "Adjusted for real inflation (as per shadowstats.com) the 1980 gold peak in today’s prices corresponds to around $7,200 today. So gold could easily go up 6 times from the current price of $1,220 and still be within normal parameters," von Gruyerz's latest report for GoldSwitzerland.com said. As Student Credit Card Debt Rises, Banks Quietly Reward Schools: “The fact that schools are getting paid for students to rack up debt is a disgrace,” said congressman Patrick Murphy, a Pennsylvania Democrat and former professor at the U.S. Military Academy at West Point. He said that banks’ payments to schools amount to “kickbacks.”
Friday, 11 June 2010
By John Steel
Corporations have seeped almost invisibly into nearly every government agency and too many congressional offices. And they're as poisonous as carbon monoxide. Continue
The Tax Lien Game
By Huffington Post
Vicki Valentine lost the two-story brick row home after the city sold her debt to investors through a contentious and byzantine legal process called a "tax sale." Continue
By CHRIS SERRES and GLENN HOWATT
It's not a crime to owe money, and debtors' prisons were abolished in the United States in the 19th century. But people are routinely being thrown in jail for failing to pay debts. Continue
Remember
By Henry Blodget
Even as late as 1931, they didn't know they were in a "Great Depression" yet. On the contrary, the promise from the White House was that "prosperity is just around the corner." Continue
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