The Young Turks - The Rich Get Richer

TheYoungTurks on Apr 1, 2012

Via Harold Meyerson/The Washington Post: "In 2010, according to a study published this month by University of California economist Emmanuel Saez, 93 percent of income growth went to the wealthiest 1 percent of American households, while everyone else divvied up the 7 percent that was left over. Put another way: The most fundamental characteristic of the U.S. economy today is the divide between the 1 percent and the 99 percent. It was not ever thus. In the recovery that followed the downturn of the early 1990s, the wealthiest 1 percent captured 45 percent of the nation's income growth. In the recovery that followed the dot-com bust 10 years ago, Saez noted, 65 percent of the income growth went to the top 1 percent. This time around, it's reached 93 percent — a level so high it shakes the foundations of the entire American project...".* The Young Turks host Cenk Uygur breaks it down on The Young Turks.
* http://www.washingtonpost.com/opinions/concentrated-wealth-is-a-long-term-thr...

Hugo Salinas Price on Silver and Real Money

Mexican billionaire Hugo Salinas (Mexico's version of Dick Smith) discusses his idea of injecting silver into the money supply to allow the people to save in real money. Listen to his discussion with Eric King of KWN here

Sitting in the dark for what?

Seemingly millions of sheeple sat in the dark on Saturday night for no apparent reason. Sydney radio reported that this gesture resulted in 10% less electricity consumption during the one hour of Earth Hour. Note they did not say that it resulted in a 10% reduction of electricity generation. With most of Australia's base load power coming from coal fired power stations the gesture meant that the 10% power not used was still generated as coal fired power stations do not have a instant on/off switch. Looking at the video below I had to laugh at the scenes in Paris, as 90% of France's electricty is generated from nuclear and renewables, which produce no CO2, switching off the lights did not stop the nuclear fuel rods from decaying or the wind turbines from spinning.

RussiaToday on Mar 31, 2012  more photos at:  http://on.rt.com/3svkx8

oh by the way India is planning to build another 175 coal fired power stations....

Update: Alex Jones's take on Earth Hour

George Galloway election victory

Keiser Report: Kamikaze Banking

RussiaToday on Mar 31, 2012 Follow Max Keiser on Twitter: http://twitter.com/maxkeiser

In this episode, Max Keiser and co-host, Stacy Herbert, discuss global economic passengers strapping on the parachutes to protect themselves from central bankers going berserk and the rich getting richer. In the second half of the show Max talks to Aaron Krowne of ML-Implode.com about transferring fraudulent mortgages to the Federal Housing Administration and getting SLAPPd for reporting on it.

The Doc interviews David Morgan

The Doc from the brilliant website SilverDoctors interviews silver guru David Morgan.

silverdoctors on Mar 30, 2012

Eric Sprott on Gold, Silver and Oil

Eric Sprott engages in a wide ranging discussion on Gold, Silver, Oil and Fed policies with Eric King of King World News. Listen here

US to protect Australia from China?

This story is related to my earlier post

RTAmerica on Mar 30, 2012

Silver outperforms the S&P 500 and gold in Q1

From ArabianMoney.net

Original source

US stocks enjoyed their biggest first quarter rise since 1998 with the S&P 500 up 12 per cent to above 1,400. But the price of silver was up 16 per cent in Q1. Gold trailed behind with a 6.3 per cent increase.

Silver is a standout winner, and was the ArabianMoney pick of the year (click here). Both precious metals benefited from a short-covering rally after a profit-taking sell-off at the end of last year. However, there is clearly more to this than technical short covering....read more

Reflections on Post-Capitalism, Political Entrepreneurialism, and the Bernanke Contrarian Index

CapitalAccount on Mar 30, 2012