from The Money GPS:
by Jon Rappoport, No More Fake News:
Alert to pension fund managers all over the planet—and to everyone else—
“If 1,000 US and global pension fund managers start asking questions it could change everything – like stopping a nuclear war.”
That’s a statement from former US Assistant Secretary of Housing and Urban Development, and now president of Solari, Inc., Catherine Austin Fitts, who is a financial analyst like no other in our time.
Among other feats, she has identified a giant sucking black hole in the US government. And what has disappeared down that hole is money. Over the years, at least $20 trillion.
by Kerry Lutz, Financial Survival Network:
Danielle Park returns… Think back to the late 1980’s when the plague of securitization started. It became a way to turn liabilities into assets. But not really. Would the housing bubble have blown up the way it had? Would auto, student and credit card bubbles have been blown up to the extent they are currently? Probably not. We also talk about internet privacy and speech. It’s all part of the same puzzle.
Click HERE to Listen
by John Rubino, Dollar Collapse:
Back in 2005 a reporter took a tour of General Motors’ headquarters, and in the resulting article one thing stood out: The executives and engineers the reporter interviewed were only modestly enthused about their sedans and sub-compacts. But they really liked talking about their expanded line of Hummers.
Then oil spiked and gas prices hit records. And GM’s bet on massive gas guzzlers blew up in its face. In 2009: