We the people of the United States, in order to form a more perfect union, establish justice, insure domestic tranquillity, provide for the common defense, promote the general welfare, and secure the blessings of liberty to ourselves and our posterity, do ordain and establish this Constitution for the United States of America.
by Mark Hosenball | Reuters | March 30, 2011
President Barack Obama has signed a secret order authorizing covert U.S. government support for rebel forces seeking to oust Libyan leader Muammar Gaddafi, government officials told Reuters on Wednesday. Continue reading →
by Liz Rappaport, The Wall Street Journal, March 23, 2011
Federal regulators are blaming Wall Street’s biggest firms for the collapse of five institutions at the heart of the nation’s credit-union industry and are seeking to recoup tens of billions of dollars in losses on securities that doomed the five. Continue reading →
War in Libya
NATO forces are going well beyond enforcing No-Fly zone and directly engage Libyan ground forces.
More Mideast Unrest
The simmering continue …
Other News
News Items
Markets
Silver, gold and other commodities hit hard yesterday, recovering this morning. Equity Markets down yesterday and today.
| Asset | Price | Change |
| Dow Jones | 11,787.00 | -68.42 |
| S&P 500 | 1,276.97 | -4.90 |
| NASDAQ | 2,662.04 | -5.29 |
| USD Index | 76.535 | +0.128 |
| 10-Yr Bond % | 3.2720% | -0.0510 |
| Gold | 1404.00 | +7.30 |
| Silver | 34.90 | +0.64 |
| Oil | 99.23 | +2.05 |
* Market prices are snapshot from around 10am EDT
Top Story
The crisis in Japan continue to be the leading story.
Other Items
The Street: Disinformation and Silver Confiscation: Opinion – A guest commentary discusses the manipulation in the silver market and possibility of silver confiscation by the US government.
Michael Pento: Interest Rates Are on the Launch Pad
Top Story
Japan continues to face potential nuclear and humanitarian disasters, and more quakes.
Other News
Bloomberg: Japan Adds $183 Billion to Stabilize Markets After Quake – Ah, a central bank’s solution to all problems … print money. Financial crisis … print money. Deflation … print money. Inflation … print money. Natural disaster … print money. Man made disaster … print money. Slow news day … what should we do?!? Oh, I know … let’s print some more money. When the only tool you have is a hammer, every problem looks like a nail.
WorldNetDaily: Utah lawmakers recognize gold as legal tender – The measure only needs the signature of Gov Herbert, who has not yet indicated his position publicly.
Reuters: Lawmakers confident on short-term budget deal – And so, as I predicted two weeks ago, the can will be kicked down the road again. This time is for another 3 weeks.
The big news this morning is the earthquake and tsunami that hit Japan this morning. See live coverage from BBC here.
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Markets:
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