Environment-Science-Medicine

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by Bob Chapman

We announced our belief a few weeks ago that the Fed loan to the ECB could with fractional banking be $10 trillion. This past week we found that Credit Suisse shares our ideas as well. We believe that what this move by the Fed and the ECB is telling us that this is probably it. We also ask again how can the banks in the LTRP repay the funds in a timely manner? No plan has been presented before or since, there is no plan. Again, just throw money at the problem. The only player really capable of saving Europe is Germany and they would destroy themselves in the process. Everyone should have seen this coming but no one did except a handful of insiders. The resultant use of funds since the ECB distribution is hardly even mentioned in the media. It is a big dark secret.

by Casey Research

Rumors are swirling that India and Iran are at the negotiating table right now, hammering out a deal to trade oil for gold. Why does that matter, you ask? Only because it strikes at the heart of both the value of the US dollar and today’s high-tension standoff with Iran.

Marin Katusa

Chief Energy Investment Strategist
Casey Research

The official line from the United States and the European Union is that Tehran must be punished for continuing its efforts to develop a nuclear weapon. The punishment: sanctions on Iran’s oil exports, which are meant to isolate Iran and depress the value of its currency to such a point that the country crumbles.

by Sandhya Jain

A conflict with Iran will not be one-sided. For one, Russia under Mr Vladimir Putin, aligned with China and Iran, with silent approval from nations like India and Germany that seek energy security by peaceful means, may resist US-led Western hegemony more forcefully. Both Moscow and Beijing feel remorse at permitting the shoddy politics in the UN and handing over Libya and Muammar Gaddafi to the oil-hungry Nato powers.

Already amidst escalating uncertainties, China, Russia, Iran, India, Brazil, Venezuela and other countries have moved to do bilateral trade in their own currencies and avoid using the dollar as the reserve currency.

by Dan Levy

Jan. 12 (Bloomberg) — Banks may seize more than 1 million U.S. homes this year after legal scrutiny of their foreclosure practices slowed actions against delinquent property owners in 2011, RealtyTrac Inc. said.

About 1.89 million properties received notices of default, auction or repossession last year, down 34 percent from 2010 and the lowest number since 2007, the Irvine, California-based data seller said today in a statement. One in 69 U.S. households received a filing.

by Katerina Azarova

As sparks fly dangerously close to the powder keg of US-Iranian relations, speculations are rife and rumors spread like wildfire. Will there be a war? Who wants it? And what will happen to this very lucrative region?

Google the words “Iran”, “USA” and “war” and you get over 140 million hits. Many believe the possibility of a military conflict between the two is not even a question of “if”but a question of “when”. And there is definitely enough evidence around to lend support to these beliefs.

by Prof. Igor Panarin

The Iran controversy is heating up. Writer and political analyst Igor Panarin believes the US should heed the reasoning of Russia, China and Turkey and refrain from going to war with Iran.

The government of Iran has already accused Israel of being behind the assassination of Mostafa Ahmadi Roshan, the Iranian nuclear scientist who was killed in Tehran earlier this month. Iran has also announced that Roshan’s death will not hinder its nuclear program.

by Iqbal Ahmed

Monsanto’s operation in India illustrates monopolization and manipulation of the market economy, tradition, technology, and misgovernance. The world’s largest producer of genetically engineered seeds has been selling genetically modified (GM) in India for the last decade to benefit the Indian farmers – or so the company claims.

In a country of more than 550 million farmers who are largely poor and uneducated and the agriculture market rife with inefficient business practices, the Indian government sought to reform the market by eliminating subsidies and loans to the farmers.

by Finian Cunningham

Why should China shoot itself in the foot to accommodate hostile American chauvinists?

Chinese leaders dealt a blow to US plans to strangulate Iranian oil exports just hours before Washington’s Treasury Secretary Timothy Geithner touched down in Beijing.

It could hardly be a more pointed snub to Washington’s designs to press-gang a global lynch mob into laying into the Iranian economy.

Top of the agenda for Geithner’s visit beginning Tuesday is to push China’s leaders into cutting off crude oil imports from Iran – thus hoping to cripple the Iranian economy.

by Ellen Brown

Neither rain nor sleet nor snow may have stopped the Pony Express, but the nation’s oldest and second largest employer is now under attack. Claiming the Postal Service is bankrupt, critics are pushing legislation that would defuse the postal crisis by breaking the backs of the postal workers’ unions and mandating widespread layoffs. But the “crisis” is an artificial one, created by Congress itself.

by Paul Craig Roberts

The following report is based on the work of statistician John Williams of shadowstats.com.

Today’s (Friday, January 6) payroll jobs report of 200,000 new jobs in December is overstated by at least 82,000 jobs. As approximately 130,000 new jobs are needed each month to stay even with population growth, the December job figures actually indicate that the US economy fell another 12,000 jobs behind.

Forty-two thousand of the reported jobs are the result of a glitch in the BLS seasonal adjustment model that produces a false jump in December “couriers and messengers” jobs.