VIDEO - Pelosi Explains Her NO Vote On Audit The Fed

Nancy on H.R. 459 earlier this week...

Hey Nance, maybe we should audit your books.

• Pelosi's wealth grows by 62 percent to at least $35 Million

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Draghi: 'Euro Is Irreversible, ECB Is Ready To Intervene'

The European markets voted and decided he was lying, again.  Then they got crushed.

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UPDATE - Bank of America Under Siege By Mortgage Putback Claims, Pimco's El-Erian Says World In 'Frightening Slowdown', Facebook Stock Now A Teenager (LINKS)

• The Real Defense Budget Is Twice What Washington Tells You - The Atlantic
• Pimco’s El-Erian Says World in 'Frightening Slowdown'
• UPDATE - Bank of America Under Siege By Mortgage Putback Claims
• More Cuts For Debt-Ridden Spanish Regions - Bloomberg
• Facebook: The Stock That Keeps on Dropping
• S.E.C. Urges Reforms of Municipal Bond Market - NYT
• Paul Farrell: The Real Crash is dead ahead as 2008 is forgotten
• PHOTO - Bird Strike Leaves Massive Hole in UNITED Jet
• Man texts, "I need to quit texting," before driving off cliff
• VIDEO - Olympic Badminton pairs disqualified for throwing matches

Photo inside from William Banzai.

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VIDEO - Draghi's Euro-Saving Bazooka Epic Fail!

This is pretty funny.

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HILSENRATH SPEAKS - Bernanke's Mouthpiece Hints At New 'MBS Buying Program': "QE3 Is Likely In September"

Full write-up inside.

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HOT LINKS: Taxpayers Help Fund Chevy Volt Village, GM Bailout Numbers NOT Looking Good For Taxpayers

Taxpayers Help Fund Chevy Volt Village!

'No benefit from giving more taxpayer money away to promote Volt sales'

GM Bailout Tracker - Not Going Well For Taxpayers - Check It Out!

$30 Million In Unreported GSA Bonuses Uncovered, Total Now $44M

PIMCO OUTLOOK - Bill Gross Latest Monthly Letter Released

Regulator says no to Obama mortgage write-down plan - Reuters

Daily Presidential Tracking Poll - Romney Still Leads

O-DESPERATE:  Obama donates cash to his own campaign

Facebook shares hit new low, 43% below IPO price

Is America running out of doctors?

Big Pharma turns its attention to next big thing 'Bio-Electronics'

UPDATE - D.C. Beltway UFO Was 'Experimental Drone'

Olympic Embarrassment - Twitter Apologizes for Shutting Down Journalist

'Virtual Bacteria' created by scientists

Chicago - The Deadliest Global City - Thank You, Rahm!

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Grant: For Dollar Salvation We Need A New Gold Standard

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The 50 Richest Members of Congress - UPDATE

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How They Lied When Pat Tillman Died - Film Trailer

Tonight's presidential foreign policy debate reminds us that it's been 8 years since Pat Tillman's assassination in Afghanistan.

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Algos Gone Wild! - Explaining Today's Rogue Trading

Video explains today's trading anomalies...

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Watch Gore Vidal Vs. William Buckley At The 1968 Democratic Convention: "Go Back To Your Pornography And Stop Calling Me A Crypto-Nazi"

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Listen To The Stock Market Flash Crash - Tick by Tick - Read The NANEX Final Report Contradicting The SEC

Absolutely amazing.  This is how Armageddon sounds.

UPDATE #2 - Aug. 1. 2012 - Things are getting weird again - link

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Rating Agency Worker: 'I Am Genuinely Frightened About Another Banking Crisis', Facebook Fraud And Extortion, Journalist Faces 21 Years For Exposing Police (LINKS)

Photo Inside - TSA employees following the law, just as they expect from all travelers.

• Fed's Raskin: No government backstop for banks that do prop trading
• 'We saw numbers behave in ways barely conceived possible' - Great Read
• Rating agency worker: 'I am genuinely frightened about another banking crisis'
• First insider trading lawsuit filed against Zynga after executives cash out
• SCAM - Nielsen Sued for Billions Over Manipulated TV Ratings
• Panasonic Develops Highly Efficient Artificial Photosynthesis System
• Wisconsin: 460 inmates collected unemployment checks in 2011
• Money For Nothing – Another $200 Million Wasted On Useless Program In Iraq
• Smart Phone Patent Trial - Samsung Says 'Apple Didn’t Invent the Rectangle'
• Apple Responds - Samsung Took the Easy Road and Copied Us
• Facebook Fraud - Startup Says 80% Of Its Facebook Ad Clicks Coming From Bots
• Facebook Extortion - Demands $2,000 From Company Per Month To Change Name
• Sacramento Tells TSA To Get The Hell Out After Repeated Scandals
• American Journalist Faces 21 Years In Prison For Exposing Police Corruption

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Congress Strikes 6-Month Deal To Ignore Deficit, UBS Bid Rigging Trial Begins, D.C. Students Paid $5/Hour To Attend Summer School, Poland Greets Romney With Ron Paul Sign

OUTRAGE - Congress Strikes 6-Month Deal To Ignore Deficit Until After Election

WTF?! - D.C. students being paid $5.25 per hour to attend summer school

Italian police raid Barclays' Milan office

BID RIGGING TRIAL - UBS Deceived U.S. Cities, Steered Contracts To Friends

Fannie Mae regulator says no to principal cuts, Geithner criticizes

Geithner: "I Do Not Believe [Un-Socialism] Is The Best Decision For The Country"

AWESOME - Poland's Ron Paul Fans Greets Mitt Romney

Ron Paul Supporters Interviewed in Poland

Not So Good For Business After All - Olympics Turn London Into ‘Ghost Town’

MADNESS:  Bankrupt, Bailed-Out Spain Hopes To Secure 2020 Olympics For Madrid

REPORT: White House scrambles to prevent defense cut pink-slips before election

Mark Zuckerberg's net worth falls by $7.2 billion since IPO

Federal Court finds Obama appointees interfered with Black Panther prosecution

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