The Problem:
The demise of the dollar - This article requires a little bit of a discussion.  From the article.
In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including [...]

Economic Stuff:

CAUTION: Stock Market Crash /Collapse Dead Ahead Say Faber, Rogers, Dent and Celente
China and Japan begin talks on building alliance
Vegas Casinos Fold on Expansion Plans

Political Stuff:

10 Things You Should Know About Iran
ElBaradei says nuclear Israel number one threat to Mideast - definitely something you won’t read in the media here in the States.

Awesome Stuff:
This picture [...]

Here’s Peter Schiff’s podcast from last week!  Enjoy!

Below are some articles that I have read over the weekend and the past few days.  I wanted to make sure I shared them with you as I think you might find them as interesting as I did.
Political Stuff:

Analysis: Why everyone is saying no to Obama
U.S. regulator to unveil open Internet plan

Economic Stuff:

HSBC bids farewell [...]

C-SPAN has put the whole hearing online for everyone to watch. The only thing I was a bit disappointed in was the little time that Tom Woods got to speak. It seemed that more Congress men and women were interested in the Fed representative. Who of course was the chosen one they [...]

Alan Grayson is one of my favorite Congressmen. Just watch his methodical destruction of the Federal Reserve represenative during the hearings for HR1207 – Auditing the Federal Reserve.
via bytestyle.tv

The Problem:
It looks like thanks to the Obama administration the US is imposing a 35% tariff on Chinese made tires to protect jobs here in the US.
The federal trade panel recommended a 55 percent tariff in the first year, 45 percent in the second year, and 35 percent in the third. Obama settled on slightly [...]

FOX News finally published Freedom Watch that they recorded yesterday. Enjoy!

Richard Benson has a great article, “The Housing Tsunami’s Second Wave“, about the second wave of mortgages that are to default.  Below are a couple of things I found interesting in his article that I’d like to point out.
The plan by Fannie Mae & and Freddie Mac to refinance loans up to 125 percent LTV [...]