in the US there has been a media blackout and in Europe very light coverage. The banks simply do not want anyone to know what they are up too. As we display these numbers it should be kept in mind that all these countries are loaded with unpayable debt, so what they are doing is going further into debt to pay off existing debt.

This approach is generally recognized as a Ponzi scheme - we might also add all the derivative exposure these banks and government have.

The privately owned Central Bank of the US, the Federal Reserve, has absolutely no authority to bailout Europe, which they have been doing for three years and no one says a thing about it.

Less than a month ago, Fed Chairman Bernanke said he has no authority to bailout Europe..and he had no intention of doing so.....lol

http://poorrichards-blog.blogspot.com/2011/12/how-globalists-have-destroyed-free.html

signs of the time

http://dailybail.com/home/tale-of-the-tarp-two-years-later-how-the-elite-media-perpetu.html

http://dailybail.com/home/judge-rules-against-bank-of-america-for-harassment.html

http://occupyamerica.crooksandliars.com/diane-sweet/35-million-homeless-and-185-million-va

http://dailybail.com/home/ralph-nader-ron-paul-kucinich-chomsky-end-the-left-right-del.html

http://www.youtube.com/watch?v=vd4xApTggL0
http://poorrichards-blog.blogspot.com/2011/12/zionists-funded-both-hitler-churchill.html

http://poorrichards-blog.blogspot.com/2011/12/beware-corporate-psychopaths-they-are.html

http://dailybail.com/home/like-a-crock-how-the-hell-did-gm-pay-back-its-loans-in-full.html

http://www.blacklistednews.com/28_Signs_That_US_Public_Schools_Are_Rapidly_Being_Turned_Into_Indoctrination_Centers_And_Prison_Camps/17231/0/38/38/Y/M.html

http://poorrichards-blog.blogspot.com/2011/12/is-fabric-of-industrialized-society.html

http://www.activistpost.com/2011/12/gm-foods-touted-benefits-are-actually.html

http://www.blacklistednews.com/New_Asian_Union_Means_The_Fall_Of_The_Dollar/17241/0/38/38/Y/M.html
http://www.telegraph.co.uk/finance/markets/8984184/FTSE-loses-90bn-over-year-but-eurozone-fares-worse.html

http://www.activistpost.com/2010/12/10-new-years-re-solutions-for-non.html
http://www.dailymail.co.uk/news/article-2080571/Tainted-New-Year-Honours-Knighthood-Tory-donor-millions-credit-crunch-CBE-jailed-tycoon.html?ito=feeds-newsxml

http://revolutionarypolitics.tv/video/viewVideo.php?video_id=17112

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/12/30_Stephen_Leeb__Expect_%245_Gas%2C_%2460_Silver_%26_%243%2C000_Gold_in_2012.html

http://theintelhub.com/2011/12/30/2012-predictions-prognostications-and-prophecies/

http://www.youtube.com/watch?v=3tyIVZqWm50

That's some reading list, one under god.

If I may make a suggestion for a New Year's resolution for you, it would be that you apply the same critical, analytical - even cynical - standards to all of your reading matter, not just the mainstream stuff.

It will provide you with just as much mental exercise, and it will also enable you to learn about the facts themselves, rather than just the - somewhat biased - interpretations of those facts that you choose to read. For they all have their unique row to hoe, not just Murdoch.

And at all times... follow the money.

Ignore all the emotional distractions about "bailouts" and "trillions in derivatives" and "new world order", and just focus on the money. Where it comes from. Where it goes to. And what happens to it in between. Once you have that under your belt, you will stand a chance of working out who is feeding you the bigger line.

You will enjoy it, I promise. Have a great 2012.