Alex dissects the recent Dow stock market meltdown with trends forecaster Gerald Celente. Celente is the publisher of the Trends Journal and is a business consultant and author who makes predictions about the global financial markets and other events.

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“This morning’s agreement will ensure that any attempt to weaken the stability of the euro will fail,” said Barroso today as the EU threw around a trillion bucks at the cancer spawned by the Greek debt crisis. “We have stated that we will do whatever is necessary to defend the stability of the euro,” he said with an actor’s confidence.

Barroso’s confidence game is designed to trick investors into thinking the eurozone with its fresh influx of IMF money is back on the road to good health. Instead it is like Max Factor smeared on a terminal cancer patient. Don’t expect CNBC or the market talking heads with their dizzy snake oil salesman demeanor to tell you the truth.

The so-called “nuclear option” now underway will only prolong and ultimately intensify the global economic crash.

Barroso and the EU apparatchiks are throwing more fiat money down a yawning rat hole. Europe is mimicking the Federal Reserve in its effort to throw money at the inevitable collapse of the bankster edifice. “As we have long expected, Bernanke is now willing to sacrifice the dollar at any cost to prevent the euro unwind. This is nothing than a very short-term fix, whose half life will be shorter still than all previous ones,” notes Zero Hedge.

“This may very well still turn out to be the shortest and must futile trillion dollar bailout in history yet,” predicts the ever prescient Tyler Durden.

Of course it will be shorter. The latest scheme is a palliative designed to make us think central bankers, the IMF, and EU apparatchiks along with the mighty Federal Reserve are bending over backwards to save the economy. In fact, the plan is to deliberately wreck the global economy and usher in authoritarian world government.

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Sarah Palin joined Fox News’s Bill O’Reilly recently to condemn the critics of the National Day of Prayer, saying that the Judeo-Christian belief was the basis for American law and should continue to be used as a guiding force for creating future legislation.

According to Palin, the recent backlash against the National Day of Prayer is proof that some people are trying to enact a “fundamental transformation of America” and to “revisit and rewrite history” in order to shift the Christian nation away from its spiritual roots.

Palins’s advice: “Go back to what our founders and our founding documents meant — they’re quite clear — that we would create law based on the God of the bible and the ten commandments.

“What in hell scares people about talking about America’s foundation of faith?” Palin continued. “It is that world view that involves some people being afraid of being able to discuss our foundation, being able to discuss God in the public square, that’s the only thing I can attribute it to.”

Palin had also recently criticized the decision to dis-invite the Rev. Franklin Graham from a Pentagon prayer service over concerns about his past inflammatory rhetoric about Islam, saying it was driven by a desire to be overly politically correct.
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Halliburton executive Tim Probert says a pressure test was conducted after the work was finished, and the well owner decided to continue. A copy of the testimony was obtained by The Associated Press.

The cause of the April 20 explosion is under investigation, but lawsuits filed after the disaster claim it was caused when Halliburton workers improperly capped the well – a process known as cementing. Halliburton denies wrongdoing.