Archive for the ‘FINANCIAL’ Category

Saturday, February 04, 2012 by: Jonathan Benson, staff writer

(NaturalNews) Imagine that instead of having to pump fossil fuel-based gasoline into your boat or car, you could instead use “liquid air?” The London-based Dearman Engine Company (DEC) has reportedly developed a new engine technology that uses cryogenic air to power vehicle engines, and one of the best parts about it — the technology produces no pollution.

Cooling air to a frigid minus 256 degrees Fahrenheit (minus 160 degrees Celsius) effectively turns it into a liquid that can be used as fuel. When this liquid is mixed with certain other fluids inside of an engine that heats it up and turns it back into a gas, the conversion creates high pressure levels that act as usable energy to drive the pistons and create usable energy.

“You inject a heat-exchange fluid, such as anti-freeze and water, into the head of the piston just before you inject liquid nitrogen. The result is that all the expansion takes place inside the cylinder,” explained DEC’s founder Toby Peters to Transport Engineer. “And because you’ve got this volume of heat exchange fluid, it is isothermal expansion — so it keeps the temperature the same, which is far more efficient” (http://www.transportengineer.org.uk).

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Via: CNN:

A growing number of states are seeking shiny new currencies made of silver and gold.

Worried that the Federal Reserve and the U.S. dollar are on the brink of collapse, lawmakers from 13 states, including Minnesota, Tennessee, Iowa, South Carolina and Georgia, are seeking approval from their state governments to either issue their own alternative currency or explore it as an option. Just three years ago, only three states had similar proposals in place.

“In the event of hyperinflation, depression, or other economic calamity related to the breakdown of the Federal Reserve System … the State’s governmental finances and private economy will be thrown into chaos,” said North Carolina Republican Representative Glen Bradley in a currency bill he introduced last year.

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Presstitute – Anthony Freda Art

Paul Craig Roberts

Activist Post

Last Friday (January 27) the US Bureau of Economic Analysis announced its advance estimate that in the last quarter of 2011 the economy grew at an annual rate of 2.8% in real inflation-adjusted terms, an increase from the annual rate of growth in the third quarter.

Good news, right?

Wrong. If you want to know what is really happening, you must turn to John Williams at shadowstats.com.

What the presstitute media did not tell us is that almost the entire gain in GDP growth was due to “involuntary inventory build-up,” that is, more goods were produced than were sold.

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Dees Illustration

Dr. Ron Paul

The Federal Reserve’s interest rate price-setting board, the FOMC, met last week. They will continue to set the federal funds rate at well below 1%, and plan to keep it low until the end of 2014. That’s a year and half longer than they planned when they met just last month. Chairman Bernanke says they are keeping interest rates so low for so long because the economic outlook warrants it.

The fallacies in their reasoning would be amusing if they weren’t so dangerous. The Fed wants to keep the price of money at essentially zero – in other words “free” – to boost the economy. But the boost they are attempting won’t get here for another three years. That’s not a recovery. And we’ve already tried this tactic. That’s how we got into this mess in the first place: with interest rates artificially low for a very long time.

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https://i1.wp.com/www.news-worthy.info/wp-content/uploads/2010/12/us-broke.jpg

Daily Bell
January 28, 2012

Partial results from the poll, released Wednesday, found voters feeling more positively about the economy and of Mr. Obama‘s handling of it. Some 30% believed the country was headed in the right direction, up eight percentage points from a month ago. Some 60% said the country was on the wrong track, down from 69% in December and from 74% in October. The question is considered an important measure of voters’ mood. − Wall Street Journal

Dominant Social Theme: President Barack Obama is doing better and better based on the strength of the economy.

Free-Market Analysis: It is really incredible to watch this meme flourish. We believe that the economic “good news” about the US economy, as mentioned in this Wall Street Journal article excerpted above is aimed primarily at furthering the hopes of President Barack Obama for a second term.
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The US according to some estimates has over-promised its citizens benefits and other kinds of compensation in excess of US$200 trillion. This is not just a staggering amount, it is an insupportable one.

Additionally, the dollar reserve system itself that the US depends on is dying in our view. The Fed alone has had to release something like a staggering US15-$30 TRILLION in loans and other forms of funding to prop up the dollar and its foundering banking system around the world.

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Karen De Coster, Contributing Writer
Activist Post

This story in the Wall Street Journal barely made a splash last week – “FDA Panelists Had Ties to Bayer.” Three advisors who had financial ties to Bayer AG were invited to serve on a “safety committee” for the FDA to assess the safety of four Bayer AG birth control drugs. All three individuals were either paid consultants, researchers, or speakers. Here’s a paragraph from the article:

Jill Hartzler Warner, an FDA official who oversees advisory committees, said the agency is ‘prohibited from giving the public any information contained in a financial disclosure’ from committee members. When picking committees, the FDA weighs ‘whether a meeting would affect the financial interest’ of a panelist. The agency also does ‘look at whether past relationships would give the appearance of being a conflict,’ she said.
Apparently, having worked for Bayer and getting paid by the company does not qualify as a past relationship that would give the appearance of being a conflict. Business as usual at one of the government’s largest and most invincible criminal organizations.

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Activist Post

Living in a world engulfed by economic crisis teetering on collapse requires preparation for worst-case scenarios. Whether it is losing a job to downsizing, a currency crisis, or full-blown economic system failure, being prepared is just plain smart.

Already, nearly 30% of Americans are either unemployed or under-employed, and desperation is surely setting in for the millions whose unemployment benefits have expired with little hope on the job front.

Many have been able to weather short-term storms by prepping for a rainy day with extra food storage and other supplies, and by having some savings. Indeed, everyone should be preparing in this manner, and then some, given the bleak economic climate. However, if an economic meltdown becomes prolonged, there will only be two types of people that will survive: Takers and Producers.

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