---Broke Scranton, PA cuts all employees to minimum wage!
-------Maryland's Rich Flee State...
Cuba scrambles to fight cholera outbreak...
FRANCE SELLS BONDS AT NEGATIVE INTEREST RATE...
---Debt desperation: France joins Germany to sell T-Bills at negative yield
Taking the plunge off the fiscal cliff and the rise of global tensions
Epic: northeast India floods kill 121 and displace 6 million
Brad Pitt's mom in fear after slamming Obama... -
Jane Pitt, mother of actor Brad Pitt, has been scared into silence by the hate-filled, vulgar and even violent reaction to her public assertion that Barack Obama is “a liberal who supports the killing of unborn babies and same-sex marriage.”
Pitt has even been the subject of death threats following her letter to the editor of Missouri’s Springfield News-Leader in which she asserted failure to vote for Republican presumptive presidential candidate Mitt Romney constituted a vote for Obama.
'Delirious' Blood-Covered Naked Man Selling Candy Kills Motel Worker In Violent Rampage...
---Man holds knife to 3-year-old's face, threatened to cut out tongue...
83% OF DOCTORS 'HAVE CONSIDERED QUITTING' OVER OBAMACARE...
Steve Keen on the Minsky Singularity and the Debt Black Hole's Event Horizon!
U.S. broker missing $220 million in client funds; founder attempts suicide(Reuters) - More than $200 million (128.8 million pounds) in customer funds appears to be missing from the accounts of U.S. futures broker PFGBest, regulators said on Monday just hours after the firm's founder attempted suicide outside the company's Iowa headquarters. The suicide attempt and missing money renewed anxiety over the stability of the brokerage industry less than a year after the collapse of much larger MF Global. PFGBest told customers their funds had been frozen and clients would be allowed to liquidate open trading positions, but would not be able to withdraw funds or make new trades until further notice. The National Futures Association (NFA), an industry group that also plays a regulatory role, said it had issued an emergency order to effectively freeze PFGBest's operations after finding... / UPDATE: More than $200 million reported missing from Cedar Falls company /
Russia's Putin says the West is on the decline(Reuters) - President Vladimir Putin said on Monday the West's influence was waning as its economy declines but warned Russian diplomats to be on their guard against a backlash from Moscow's former Cold War enemies. In a biennial speech to Russian ambassadors, Putin also took a shot at the West by condemning any unilateral actions to solve international disputes and underlined the importance of resolving such conflicts through the United Nations. His remarks suggested that Russia, a veto-wielding permanent member of the Security... /
Massive drought in U.S. Midwest sets global crop prices soaringA massive drought in the U.S. corn belt, the worst some say in nearly a quarter-century, has triggered a buying frenzy in global grain markets and bolstered Canadian fertilizer producers. Prices for key agricultural commodities such as corn, soybean and wheat have soared in the past few weeks as investors realize yields in the corn belt are going to be far lower than they expected in the spring. Grain prices are approaching the peak levels reached in mid-2008, a period when many other commodities were also hitting record highs just before the... / Bank of England emails reveal depth of government fears over banks ---Embry - Hang On Because The Chaos is Going to Accelerate - Chief Investment Strategist of the $10 billion strong Sprott Asset Management /
Debt crisis: ECB pledges action as southern Europe bucklesYields on Spanish 10-year bonds punched through the danger line of 7pc yesterday, obliterating the short-lived gains from the European Union summit last month. Italian yields rose above 6.08pc. With a cruel twist, German rates for six-month money fell to a record low of minus 0.03pc on safe-haven flows, while France’s borrowing costs turned negative for the first time in French history. Spanish and Italian leaders pleaded for ECB intervention to stop yields spiralling out of control. “At this moment the only institution that has enough money... /
$15 Trillion To Be Added To Money Supply & Gold To AscendKWN has been getting bombarded from readers around the world on the Michael Pento piece titled, “This Major Fed Move Is About To Cause Gold To Skyrocket.” Today we followed up with Michael Pento because there was such tremendous interest in knowing more about this major move he expects from the Fed. Today Pento told King World News that this move he is predicting could add a staggering $15 trillion to the money supply. Pento, of Pento Portfolio Strategies, also said that if this move happens, “you will see the gold market fly far... /
Two-Thirds Of Voters Say Obama Has Kept His Promise Of "Change", Although 56% Find He Has Changed It For The Worse/
Manitoba highway sinkhole still moving, officials sayA landslide that caused a sinkhole to form on Highway 83 in western Manitoba is still moving, with the land sinking a few inches each day, according to the province. Part of the highway near Asessippi Provincial Park, between Russell and Roblin, Man., has been closed since a section of the road collapsed last week. Ron Weatherburn, a director with the province's Infrastructure and Transportation Department, told CBC News the sinkhole has dropped by about seven metres in some places. "It's now moving an inch a day, or a few inches... /
U.S. 24 closed at Leadville due to giant sinkholeThe Colorado Department of Transportation has closed U.S. 24 north of Leadville because of a 45-foot deep sinkhole that opened up after heavy rain Monday morning. CDOT crews decided to close the highway at mile marker 165 south of Red Cliff as a safety precaution while they determine the extent of the sinkhole's damage, according to a CDOT news release. Stacey Stegman , a CDOT spokeswoman, said the sinkhole measures 20 by 30 feet and is 45 feet deep . "We need to know how much damage is under the road before we start... /
Scientists Demo Thought-Controlled RobotsIn the 2009 film Surrogates, based on the popular graphic novel, Bruce Willis is shown struggling in a world dominated by realistic robot avatars controlled by humans sitting comfortably in their homes. Often injured or somehow disfigured, opting to interact with the world from a distance, the people are shown seamlessly operating their metal doppelgangers via a brain link apparatus that goes mostly unexplained in the film. Now, a team of researchers based in laboratories around the globe, have developed a system similar to the one... /
UFO spotted over Batemans Bay sparks alien theoriesIT'S not a bird, it's not a plane, and it's certainly not one of those errant weather balloons so often blamed for UFO sightings. According to Sydney UFO investigator Doug Moffett, a bizarre shining orb filmed hovering near Batemans Bay on the New South Wales south coast late last month is a genuine unidentified flying object. Eurobodalla resident Ben Roberts filmed more than eight minutes of footage early on June 21 tracking the bright sphere of light flashing and moving above the horizon. He said he was "amazed" by how bright the UFO appeared... /
'It was a craft that did not come from this planet': CIA agent speaks out on 65th anniversary of Roswell 'UFO' landings/ U.S. Army Course Authorizes Use of Deadly Force, Internment Camps During U.S. Civil Disturbance
PFGBest scandal deals farmers another blow after MF Global(Reuters) - Farmers on Tuesday fumed at the prospect of financial losses, or at a minimum a lengthy wait for the return of frozen funds, due to alleged mismanagement at brokerage PFGBest, and some said they had been burned for the last time. The U.S. futures industry reeled as regulators accused Iowa-based PFGBest of misappropriating more than $200 million in customer funds for more than two years, a new blow to trader trust just months after MF Global's collapse. Centered in the heart of farm belt, the firm handled agricultural futures accounts for a number of clients who grow corn, soybeans and cotton. "For the farmers who are directly affected it can be a very severe financial blow," said Dave Miller, director of research for the Iowa Farm Bureau. PFGBest revealed to clients on Monday that their... /
5 ‘real world’ signs of the coming Chinese apocalypseFrom shrinking trade to stalling factories to surprise rate cuts, signs are mounting that China is headed for a hard landing. Tuesday investors fretted as China’s imports in June grew at half the expected pace, entrenching concerns that domestic demand in the world’s second-largest economy is cooling quickly. The news was also not a good harbinger for China first-half GDP data to be released later this week. While economists crunch the latest data, Trefor Moss, writing for Foreign Policy magazine, provides “real-world signs of China’s economic malaise.” /
Pictures: “Doomsday” Seed Vault Safeguards Our Food SupplyA conservationist cradles two vials of peas destined for deposit in the Svalbard Global Seed Vault. The remarkable facility set on a rugged Arctic island off Norway is the ultimate global safety net for food security. It's able to protect up to 2.25 billion seeds from even "doomsday" scenarios like asteroid impacts and nuclear war. But crop varieties are already vanishing at an astonishing pace for more mundane reasons, from shifting local weather patterns to disuse by farmers adopting new hybrids. The vault represents a chance to save as many as... /
UN criticized for growing use of private security firmsA non-profit organization that monitors the United Nations published a report Tuesday criticizing the UN's growing use of private military and security companies. The Global Policy Forum said the UN's increasing use of these companies is "dangerous," may increase rather than reduce threats and attacks on U.N. buildings and personnel, and suggests a system that is "unaccountable and out of control." According to the report, incomplete UN data shows a steady rise in the number of security contracts from 2006-2007, with the value... /
Episcopal Church approves liturgy for blessing gay unions(Reuters) - The Episcopal Church approved a liturgy on Tuesday that clergy can use to bless same-sex unions, including gay marriages in states where they are legal, the first U.S. religious denomination to approve such a ritual. Delegates to the triennial convention of the 14th largest U.S. religious denomination approved a resolution establishing a liturgy to be used in such blessings. Episcopal bishops had voted to approve the resolution on Monday. The United Church of Christ, the 24th ranked denomination in the United States with about a million... /
Facebook post gets TBN worker firedFacebook has become the battleground for workplace issues with the latest involving a Trinity Broadcasting Network employee who was fired for a post that was critical of the Christian ministry's leadership. Recent workplace dust-ups have involved a variety of issues from employers asking workers to disclose their Facebook username and password so they can see what the employee or job applicant has posted to ordering removal of private posts that were perceived as derogatory. All fell into the murky area of free speech and private activity...
For Investors and Customers, PFG is MF Global all Over Again...