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Daily Video Recap (5/28): Dollar, Yen Gain As Spain's Credit Rating Downgraded

http://www.youtube.com/watch#!v=XwCb...os=dauftatZ3mU

Barack Obamas senior economic adviser URGES Congress for another Stimulus

Seize the moment!

Bloomberg's David Tweed reports from Madrid about the financial position of Spanish savings banks. The so-called cajas helped fuel Spain's housing boom, accounting for about 50 percent of loans, and since the property crash triggered by the country's worst recession in 60 years the lenders have been under pressure to merge. The Bank of Spain seized CajaSur on May 22 after the bank lost almost 600 million euros ($742 million) in 2009.

Spain lost its AAA credit grade at Fitch Ratings, which said the country's debt burden is likely to weigh on economic growth.

This guy thinks America might be next

The Truth About Markets London – 29 May 2010

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On The Edge with Max Keiser, May 28th, 2010

Today's guest is Rick Ackerman.

Freedom Watch - Who Owns the Gold in Ft. Knox? - May 28, 2010

European Market Overview

Silverfuturist visited the Schiff for Senate Headquarters in Milford CT and interviewed a Norwegian citizen who is helping out with the campaign.

Norway's pension fund is heavily invested in US Treasury Bills, they are tied into the dollar's fate.

http://market-ticker.denninger.net/a...rt-For-BP.html

What is in your retirement fund? All pensions expect a certain rate of return every year. They will try very hard to meet these expectations, and collectively millions of Americans have trillions of dollars that are being used as a weapon to try and get this return.

Peter Schiff on the Financial Sense Newshour

Presented by Marc Faber at "Austrian Economics and the Financial Markets," the Mises Circle in Manhattan on 22 May 2010 in New York, New York. Includes an introduction by Mises Institute president Douglas E. French.

Disgusting behavior by Israel. Truly disgusting. Israel should be ashamed of itself!

World condemns Israel raid on Gaza aid convoy

People all over the world have protested against Israel's attack on an aid-carrying convoy bound for Gaza that left several pro-Palestinian activists on board dead and many more injured.

The Freedom Flotilla, a convoy of six ships carrying hundreds of activists, political leaders and journalists from around the world, was trying to deliver about 10,000 tonnes of basic aid including food, medicines, and construction material, in an attempt to break the Israeli blockade on Gaza.

While Israel has said activists with bats and knives were the first to attack the gun-wielding troops when they boarded the ship, the flotilla's organizers said that Israeli forces were the ones to open fire first.

Nonetheless, there is a unanimous agreement across the world that the assault was unjustly disproportionate.

Ban Ki-moon, the UN chief, has said he is "shocked by reports of killings and injuries" and has called for a full investigation into the incident.

Several countries have called for urgent meetings on Israel's lethal use of force

Goldline is a RipOff.

http://www.youtube.com/watch#!v=2GJN...os=XO1AM0bD9mw

In this episode, Max Keiser and Stacy Herbert compare the BP offshore toxic oil spill crisis to the toxic derivatives spill polluting global financial system. In the second half of the show, Max interviews Heidi Moore of Slate’s TheBigMoney.com.

Daily Video Recap (6/2): Yen Weakens on PM Resignation, Loonie Rallies on Risk Appetite