• Stock trading ‘fractures’ may warn of next crash

• House approves insider-trading ban

WASHINGTON (MarketWatch) The House of Representatives voted overwhelmingly Thursday in favor of legislation to curtail insider trading of securities by lawmakers and officials in the executive branch, including a provision inspired by an alleged trade made by the husband of House Minority Leader Nancy Pelosi. The legislation seeks to prohibit lawmakers and their families and staffs from buying and selling securities based on their knowledge of nonpublic information. The vote follows passage of similar legislation in the Senate last week. The House voted 417 to 2 to pass the bill.

Stacy Summary: Once again, more precise satellite data which has been collected in past few years providing more precise data for scientists to understand the totality of our great ( in terms of size and complexity) ecosystem in which satellite data is now confirming sea levels are rising exactly in the range as predicted by paper models:

• Scientists melt mystery over icecaps and sea levels

U.S. scientists using satellite data have established a more accurate figure of the amount of annual sea level rise from melting glaciers and ice caps which should aid studies on how quickly coastal areas may flood as global warming gathers pace.

John Wahr of the University of Colorado in Boulder and colleagues, in a study published on Thursday, found that thinning glaciers and icecaps were pushing up sea levels by 1.5 millimeters (0.06 inches) a year, in line with a 1.2 to 1.8 mm range from other studies, some of which forecast sea levels could rise as much as 2 meters (2.2 yards) by 2100. Continue reading →

• Greece Responds To Troika Deal With Immediate Two Day Strike, Threatens With “Social Uprising”

• Holidays In The Greek Sun

Somehow the anger of the sex pistols, the sound of boots marching in the background, seem right to me today. Greek Industrial Production dropped 11.3% in December. The unemployment rate jumped to 20.9%, up from 18.2%. The charade of negotiations and a bailout can go. Some deal is likely to be announced. I’m not even sure it will be relevant by the March 20th bond maturity deadline. The economy is getting worse, fast. People are getting angry, fast. The “force feeding of austerity” and plan after plan that is really just a focus on banks at the expense of the people is getting old. While we wait for whatever plan is about to be announced, to some fanfare and some small pop in stock futures, the markets are mixed.

Firstly may I say what a fantastic show, yourself and Stacy are just super,

Max can I bring to your attention the dirty tricks David Cameron and
his bunch of cronies are trying to pull to stop Scotland in it’s
tracks having an independence referendum, I know you are a financial
chap and with that in mind the financial side of things is the reason
why Westminster (wastemonster) are and will be trying all the dirty
tricks they can to stop a referendum which the people of Scotland
democratically voted for.

There is too much happened already for me to put in this mail but I
would dearly love you to take a wee look at this, Scotland is not a
subsidy junkie, Scotland’s oil has under-written Westminster for 30
years and the thought of them loosing this cash cow is bringing out
all the usual scare stories, bullshit and down right lies.

I could go on but I won’t, you can check out some of this for yourself
if you go to www.newsnetscotland.com for a mostly unbiased view of
what is going on, unlike the main stream media who are undoubtedly
very bias against Scottish Independence especially the BBC………..See for
yourself Max.

Keep up the good work.

Hugh

Hey Max, Not sure to the degree that this info is public knowledge, considering that the Appendix section contains Classified Info, but the Greek Newspaper Capital.gr, has obtained a copy of the new Memorandum proposal for Greece.

http://www.capital.gr/related_files/mnimonio2.pdf

The most SHOCKING part about it (at least to me), is the last page where it outlines the sale of all Public assets (through of course the use of “advisors” such as UBS, RBS, Rothchild Bank etc) something we already knew, but the timeline is mind blowing!!!!

What we have witnessed the last 2 weeks is an absolute joke. Now supposedely, the three stooges along with Mr. Fed/ Tri Lateral Commission / Papademos, need to figure out where to “shave” 300million Euros. How about cutting the MP salaries-the only wages that have gone untouched the past 2 years? Or how about getting rid of half of the 130 advisors that Papademos is using on his staff? My father 2 years ago, was making 1800 Euros a month on his pension. After the pension cuts we had 4 months ago and according to the newest reductions he will be looking at 1100 Euros a month. On June they will revisit pensions according to the Memorandum for additional cuts. Their goal is 300 Euros a month pension for EVERYONE!!!!!!

Cheers

• The interminable extension by the US Federal Reserve on the 0% rate into 2014 represents history in the making. It is the adoption of pure heresy in monetary policy, making it mainstream.