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FBI warns of new banking scam | Bankrate.com : "FBI warns of new banking scam By David McMillin · Bankrate.com Wednesday, January 11, 2012 Posted: 1 pm ET Some crafty criminals are aiming to steal one of the most valuable pieces of your personal property: your banking information." 'via Blog this' FYI: Norton High tech has its place and your own security precautions must be the most high tech!

Prudens Speculari: But Of Course It's Not One Giant Cess Pool Now Is It? : "But Of Course It's Not One Giant Cess Pool Now Is It? I came across a very interesting open letter to Jamie Dimon via the financial sleuths over @ZeroHedge. The piece was penned by one time fawning, bootlicking, groupie turned sober adult James Koutoulas. The crux of the letter surrounds douce-bag extraordinaire Dimon and JP Morgan's role in the MF Global swindle but I want to bring your attention to a somewhat of an sideline appetizer piece to the article if you will."  must read per Norton

Greece Has Defaulted – Which Country In Europe Is Next? : "Greece Has Defaulted - Which Country In Europe Is Next? Well, it is official.  The restructuring deal between Greece and private investors has been pushed through and the International Swaps and Derivatives Association has ruled that this is a credit event which will trigger credit-default swap contracts.  The ISDA is saying that there are approximately $3.2 billion in credit-default swap contracts on Greek debt outstanding, and most analysts expect that the global financial system will be able to absorb these losses.  But still, 3.2 billion dollars is nothing to scoff at, and some of these financial institutions that wrote a lot of these contracts on Greek debt are going to be hurting.  This deal with private investors may have "rescued" Greece for the moment, but the consequences" 'via Blog this'

After Scandal, New Rules For Juveniles In Pa. Courts by Joel Rose, March 3, 2012 View and comment on NPR.org More than 2,000 young people in Pennsylvania are trying to put one of the nation's worst juvenile justice scandals behind them. It's been a year since a former judge was convicted in the so-called "kids for cash" scandal.... Norton's comment: This is so disgusting!  It sheds light on how ineffective and inhuman the private prison system is.  No public scrutiny.  No accountability for humane treatment or rehabilitation.NO civil rights. Institutionalized racism!  Capitalism GONE A MUCK!

http://myemail.constantcontact.com/iTulip-Newsletter-Alert---Independent-Analysis-and-Commentary.html?soid=1101238839116&aid=LgzNRpRzfmM ..."Last week of the Bureau of Economic Analysis released revised U.S. GDP numbers for 2011. They reveal a U.S. economy destined for a new recession before the economy recovers from the last one, a mid-gap recession in iTulip terminology. That hasn't happened since 1938. ..."

The Baltic Dry Shipping Index tracks the rates charged to ship dry commodities (coal, wheat, copper, lumber, etc.). That index has dropped to its lowest level in three years, which shows a slump in cargo shipments. Source: CBC/Radio-Canada While the Baltic Dry Index is obscure to your average retail investor, keen market watchers have long considered it a valuable leading indicator for the world economy, indicating shifting tides in demand for key industrial commodities. And its plunge comes at a time when the prices for many key commodities remain buoyant – a disconnect that would traditionally suggest that commodities are poised for a fall.