James Patterson is in no need of a bailout.The author of bestsellers including “Along Came a Spider” and “Suzanne’s Diary for Nicholas” currently occupies spots on four different New York Times bestseller lists with three discrete books. (Those would be “Alex Cross, Run”; “Now You See Her,” written with Michael Ledwidge; and “I, Michael Bennett,” written with Ledwidge also.)Despite his success in a strain of genre fiction not often recommended in classrooms, Patterson has become, suddenly, the closest thing the publishing industry has to an ambassador. The multimillion-seller author placed an ad last weekend in the New York Times Book Review and in Publishers Weekly (depicted below) advocating for government intervention — the same sort of bailout Goldman got — in order to save an industry besieged by bookstore closings and consolidation of the few remaining major publishing houses.Continue Reading… … Read More
Will Your Family Survive the Unfolding Tyranny?
It is hard to argue that the early winds of revolution are not swirling in the American air. Even the dumbed-down populace is aware that something, yet undefined for the ignorant, is terribly wrong as all signs point to very bad times ahead. … Read More
Social Security cuts are Inexcusable
The reason President Obama’s proposal to cut Social Security benefits is tragic is that it is simply not necessary. His plan is to use a different method to compute how much benefits are raised to offset inflation. But Social Security will add very little to federal spending over the next 30 to 40 years. As a proportion of national income (GDP), It will rise from 5 percent to 6 percent. At the same time, retirees are set to get much less money from their pensions because so many were forced to depend on 401(k)s and defined contribution plans rather than traditional pensions with defined benefits.But a new report from Goldman Sachs economists puts the Obama decision in an even harsher light. The federal deficit is coming down rapidly on its own. In a piece entitled, “The Rapidly Shrinking Federal Deficit,” Goldman notes that the deficit averaged 4.5 percent of GDP in the first calendar quarter, compared to 10.1 percent in fiscal year 2009. The reasons are faster economic growth, higher taxes, and reduced government spending.Continue Reading… … Read More
Gerald Celente – The Ultimate Scheme
http://www.youtube.com/v/TtKdjO-xGy4?version=3&f=videos&app=youtube_gdata This article is from: Gerald Celente – The Ultimate Scheme
Fukushima Nuclear Crisis Far From Over: Continuous Leaking of Radioactive Water, Dangers of Spent Fuel Pools
After visiting Fukushima a year ago, Senator Ron Wyden warned that the situation was worse than reported … and urged Japan to accept international help to stabilize dangerous spent fuel pools. … Read More
Ex-Goldman Sachs trader admits to massive fraud
http://www.youtube.com/v/eeRtL5-B69A?version=3&f=videos&app=youtube_gdata Link: Ex-Goldman Sachs trader admits to massive fraud
Ex-Goldman Sachs trader charged with $118 million trading fraud
A former trader with US banking giant Goldman Sachs was arrested Wednesday on criminal charges of fraud linked to a scheme to hide an $8 billion futures bet, officials said. Matthew Marshall Taylor “was in FBI custody as of early this morning,” a source familiar with the…
