Soros Bearish On Eurozone Bailout, Mortgage Execs Sentenced To Prison, Analyst Says Gold To Reach $5K Due To Supply, In Africa Acres For A Bottle Of Scotch (15 LINKS)

Links from around the web this afternoon...

• Dow DOWN more than 200 pts at 3:20 PM...
• Two mortgage execs sentenced to prison in $3 billion fraud
• US Housing Crisis Is Now Worse Than Great Depression
• Boehner gives Obama Friday deadline on Libya
• Top Regulator ‘not interfering’ in mortgage settlement talks
• Lawmakers sue President Obama over Libya
• How Alibaba’s mistake damaged China’s market
• Egypt Debt Buoyed by Obama Guarantee
• Soros: Time working against euro zone solution
• 1.9 Million Fewer Have Jobs Than When Obama Signed Stimulus
• Dodd-Frank Delays Bring Relief for Big Banks
• Gold to Reach $5,000 Due to Supply Shortage: Analyst
• African Hedge Fund Land Grab - "Acres for a BOTTLE of Scotch"
• TSA Admits ‘Bad Judgment’ After Disabled Man Subjected to Pat-Down
• Senate report: The Latin American war on drugs has ‘largely failed’
• Join The Lawsuit - Sue The FED

Comments

[DailyBail]

http://www.marketwatch.com/

Dow now down more than 200 pts...

[DailyBail]

"Does ANYONE Believe The War In Afghanistan Has Made Pakistan More Stable?" Congressman Walter

http://revolutionarypolitics.tv/video/viewVideo.php?video_id=15339

[DailyBail]

Action Alert: Congress Wants To Make Uploading YouTube Videos A Felony With Worse Penalties Than Child Molestation

http://blog.alexanderhiggins.com/2011/06/15/action-alert-congress-uploading-youtube-videos-felony-worse-penalties-child-molestation-27861/

[DailyBail]

Greek PM to form new government on Thurs

http://www.marketwatch.com/story/greek-pm-to-form-new-government-on-thurs-reports-2011-06-15

[DailyBail]

July oil falls nearly 5% on Greek debt worries

http://www.marketwatch.com/story/july-oil-falls-nearly-5-on-greek-debt-worries-2011-06-15

[john]

"Odious Debt" - A Definition

http://www.zerohedge.com/article/odious-debt-definition


Note: a commenter to this article liked this.... Looks like I have some reading to do.

http://mises.org/Books/mysteryofbanking.pdf

[TR]

Glad I'm a POLITICAL ATHEIST.

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

[Wil Martindale]

No amount of dollars will bid for gold when the great paper inferno ignites. Only your place in the redemption line matters.

"As the physical reserves within the (bullion banking) system are all moved into allocated accounts, at some point the remaining claims will simply have to be cash-settled. At that point all paper gold markets will cease to exist and all that will be left is the stable supply of above-ground physical gold …"

The dollar IS the ultimate derivative. And it is unwinding now. Watch the trgedy of debt trying to bail itself out as the paper, my friends, is GOIN' DOWN!

http://letthemfail.us/archives/9210