Rabbit News: July 8th, 2009 (Thursday)

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-Indicators

DJIA: 8,178.41 up 14.81 (+0.18%)
S&P 500: 879.56 down -1.47 (-0.17%)
Nasdaq: 1,747.17 up +1.00 (0.06%)

Gold(oz): $909.0
Platinum(oz): $1,101
Silver(oz): $12.83
Crude Oil(Barrel): $60.14

--Political

-Obama has "Tapped" yet another RIAA attorney into the Justice Department.
http://www.wired.com/threatlevel/2009/04/obama-taps-fift/


-CIA Director Leon Panetta has recently testified to congress that the CIA has knowingly withheld information, and intentionally misled congress since 2001.

Surprised? Don't be.
http://www.cnn.com/2009/POLITICS/07/08/cia.congress/


--Financial

-An interesting Expose on Goldman Sachs, and how their unethical practices caused most of the recent economic bubbles in the past few decades.

Including the Oil, Dot.Com, and Housing Bubbles.
http://www.rollingstone.com/politics/story/28816321/the_great_american_bubble_machine


-Interesting Graph detailing the Current Unemployment rate in America, contrasted against the Expected unemployment rate (If the bailout was not passed) and the Expected unemployment rate (If the bailout WAS passed... which it was, unfortunately.)

Does NOT look good for the Obama Administration.
http://michaelscomments.files.wordpress.com/2009/06/stimulus-vs-unemployment-may2.gif


-Members of the US House of Representatives seem to have profited from insider knowledge in the stock market, by using their position gained knowledge to Buy or Sell Stocks before the bottom fell out of the market.

I guess this means that Our leaders are profiting off of our misery.

This doesn't surprise you, does it?
http://blog.cleveland.com/metro/2009/06/members_of_us_house_financial.html


-FED Chairman Ben Bernanke is actively using his power within the Federal Reserve Bank to seek more power for the FED.
http://www.nytimes.com/2009/06/24/business/economy/24fed.html?_r=1

This comes on the tail of news of the "Audit the Fed Bill" (Based on the Ron Paul written Bill) being shot down by the Democratic congress in a striking Double standard application of Rule 16 for new legislation.

http://www.youtube.com/watch?v=4tRQHsXujpo&feature=player_embedded

(Rule 16 prevents legislation from being written into an appropriations bill, which the Democrats passed for themselves, but not for the Audit the Fed Bill)


-Director Of Securities Exchange Commission Inspections Office Lori Richards has resigned following scrutiny over their conduct in the case of Burnie Madoff (sentenced to 150 years in jail for a multi-billion dollar ponzi scheme) that they failed to notice after 3 separate investigations, spanning 6 years.
http://www.washingtonpost.com/wp-dyn/content/article/2009/07/08/AR2009070802698.html?hpid=sec-politics


--Global

-Honduras's Recent Coup De'Tad of its president by the military has sent shock waves around the world.

The Then President Mel Zelaya attempted to use his power and influence to rewrite the Honduras constitution to extend his term limit from 2 to 3 terms.

The military exiled him from the country.
http://online.wsj.com/article/SB124623220955866301.html


--Interesting:

-Way cool Crop murals have begun to appear in Japanese rice fields, after an intricate planting of various varieties of Rice begin to sprout.

Absolutely Beautiful (With Pics)
http://www.mailonsunday.co.uk/news/worldnews/article-1198

381/Bizarre-spectacle-giant-crop-murals-covering-rice-fields-Japan.html


-A Financial institution in Latvia called "Kontora" is accepting as collateral for private loans "Your Immortal Soul"

Freaky, huh?
http://russiatoday.com/Art_and_Fun/2009-06-19/Got_soul_Here_s_your_money_.html


--Alternative

-Awesome footage of UFO's caught in Mexico... With tiny UFO's seperating and swirling about, very interesting.
http://www.youtube.com/watch?v=H8bptMpkkjc


-Cool Crop Circle in Wiltshire, England.
http://www.telegraph.co.uk/news/newstopics/howaboutthat/5777580/Mayan-apocalypse-crop-circle-appears-at-Silbury-Hill.html


-Redshift the Rave Rabbit