How to Solve the US Housing Problem and Avoid a Recession: A Revived HOLC and RTC (tags)
In 1933, Congress passed the Glass-Steagall Act, which banned banks from underwriting securities. Financial institutions had to choose either to be a simple bank lender or an underwriter (investment banker or brokerage firm).
Trust in Institutions and the War Dividend (tags)
Even if almost no one wants to admit it, our “system” is obsolete, and for this reason it is now morphing into a “closed system” – totalitarian in nature. It is equally clear that the few who continue to benefit materially from the capitalist system (the 0.1%) are willing to do whatever it takes to prolong its obsolete existence. Debt is issued from one door and purchased from another.
Self-fulfilling Prophecy (tags)
The orchestrators of this global coup must be credited with a certain sadistic brilliance. Their sleight of hand succeeded, perhaps even beyond expectations. However, any power aiming at totalization is destined to fail, and this applies also to the high priests of the Covid religion and the institutional puppets they have mobilized to roll out the psyop.
A Phuilosopher's Critique (tags)
Because the declining middle classes are unable to see past individualism and economic self-interest, they stick with the fantasy that any loss of purchasing power is a temporary glitch awaiting systemic resolution – as if Capital were an eternal and inexhaustible mode of wealth creation.
Too big to fail, too weak to lead (tags)
Through the World Bank and IMF, they were able to push through privatization and the dismantling of social benefits and trade union rights in the over-indebted countries of the South. They also pursued this policy domestically, while corporations and the upper income brackets were spoiled with tax gifts. There were also massive arms orders.
Why the US Bank Crisis is Not Over (tags)
There must always be a financial crash at some point. That is because interest-bearing debt grows exponentially, but the economy follows an S-curve and then turns down. And when the economy turns down... the magnitude of financial claims on the economy exceeds the ability to pay.
Inflation, Ukraine & China (tags)
What impresses me is China's diplomatic engagement. And I say that also in terms of their role in restoring diplomatic relations between Iran and Saudi Arabia. Our diplomacy, American diplomacy, seems to me reactive, unimaginative, and ineffective. Chinese diplomacy, on the other hand, seems to me to be more imaginative.
Pause for Thought: Money without Value in a Rapidly Disintegrating World (tags)
The tanking economy is the cause of these “misfortunes”. What we are sold as external threats is in fact the ideological projection of the internal limit of capitalist modernity. In systemic terms, emergency addiction keeps the comatose body of capitalism artificially alive
"One must expect a tsunami of global inflation, further impoverishment and mass migration (of cheap labor) - and all of this will be blamed on Putin. One must expect the return of pandemic threats that support ongoing efforts to globalize vaccine passports and the digitization of life."
The final system question Parts 1 and 2 (tags)
The enrichment elites of the West in particular have been trying for decades to extend their influence to the whole world. That is their declared concept. The worldwide "final victory" has been part of capitalism and imperialism from the very beginning.
War in Ukraine. Nato taboos fall (tags)
This military-scientific glorification of a war that has long been hopeless for both sides, which is also supported by some media, leads to the postulation of the prospect of victory against one's better judgment. What is meant, however, is more likely a victorious peace.
Spiral downward and No exit! (tags)
The austerity dictates imposed on the Eurozone are only exacerbating the crisis they are supposed to be fighting. The austerity measures are leading to a collapse in domestic demand.
The lure of unreason and The crisis profiteers (tags)
The essence of transhumanism is pathological. This ideology is carried by psychopaths and narcissists. Such people love only themselves, their infallibility and uniqueness. The others are only mass. Mass is despised by "the unique".
Making yourself comfortable in capitalism (tags)
"Whoever has a wife should behave as if he had none, ... whoever buys as if he were not the owner, whoever makes use of the world as if he did not use it" (1 Cor 7:29f). Paul is speaking here to people who were "called" as slaves into the messianic church (1 Cor 7:21).
Bidenomics, One Year Later (tags)
The Center for American Progress takes a different approach, examining the successes of President Biden’s bold economic policies and calling for the continuation and expansion of those policies in the years ahead by making permanent expansions to the safety net.
Economic Crisis in the Anthropocene (tags)
They are in a life-and-death struggle for the future of American democracy and from their point of view – and I happen to share this view – that depends on their not losing the congressional majority to the GOP in 2022, which doesn’t necessarily end American democracy, but it takes us in a direction which is really bad.
Rescue Plan of the Biden Administration (tags)
Thanks to the rescue plan, the US economy is expected to grow faster than at any time since 1984. The rest of the world will also benefit. Families with children will receive tax rebates. 70% of Americans are in favor of the plan.
The "Great Reset" and the Deep State (tags)
Taboo truths, about which the authorities remain shamefully silent, can indeed be kept under the carpet very well for decades. The course of history is massively influenced by these informal, unelected structures that operate in the interests of the old elites.
Learning from MLK, the inconvenient Hero (tags)
We should not lose our sense of how the civil rights movement happened, because if we do, younger generations, along with ourselves, will lose a sense of how new opportunities were fought for, and won.
Top Economist: As Pandemic Recedes, a Chance to Rethink Unemployment (tags)
The Chamber of Commerce, for example, has pushed the U.S. to stop expanded unemployment insurance benefits so that people will be forced to return to low-wage jobs. Some Republican-dominated states have jumped on board with this idea.
The Cure is the Sickness, 2001 (tags)
"Good policy" in the sense of the Washington Consensus can be paraphrased with these ten principles. The key to development successes lies only in a correct policy mix. Development backlogs, continuing poverty and so forth are referred back everywhere to "bad policy".
Joe Biden and Kamala Harris are the new presidential team of the United States. In the weeks leading up to their inauguration on January 20, 2021, the incumbent who has been voted out of office puts many obstacles in their way. Donald Trump still sees himself as the winner of the election and tries to overturn the result.
Is Trump failing in the fight against the pandemic and the shattered economy? (tags)
The state of the economy is rightly considered the most important factor influencing the re-election or de-election of an American president. Voters* tend to blame the leader in the Oval Office for their personal situation in the labor market and the economic situation in general.
The new normality is characterized by fear, social distancing and increasing state control. Many fear that the current situation could become permanent and that our liberal democratic legal system could be transformed into a dictatorial system of injustice.
Our normality is not returniing (tags)
If the government's response to the debt accumulated during the crisis is austerity, it will make the situation even worse. It is therefore right to call for a more active and visionary state policy that shows a way out of the crisis. What form will these policies take?
The Forgotten History of the Financial Crisis (tags)
In the United States between late 2008 and early 2009, 800,000 people were losing their jobs every month. By 2015, over nine million American families would lose their homes to foreclosure—the largest forced population movement in the United States since the Dust Bowl.
Wave of layoffs in the US election campaign (tags)
The corona pandemic triggered the most massive job losses in the USA since the Great Depression in the 1930s. Unemployment rose to its highest level in more than 70 years. In April alone, 20.5 million jobs outside agriculture were cut, according to the government
How do you prepare for the time when the affluent society crumbles? French intellectuals have even declared a new science - "collapsology." Solidarity is the humane and enlightened answer, not the assault rifle. Rep. Omar proposes a rent and mortgage moratorium.
Is Capitalism Out of Order? (tags)
Growing debt is actually not a big problem in a growing economy as long as it does not grow faster than the gross domestic product (GDP). The debt mountain of the capitalist world system is growing much faster than the world economic output.
The Bank Of Israel, Gold, And The Third Temple (tags)
BUY GOLD, GLOBAL DEPRESSION COMING!
Ten Years After the Financial Crash (tags)
US economic statistics are dubious since financial markets are based on financial products and money out of nothing. Tax havens, micro-second betting, stock buybacks and corruption through lobbying are market-distorting and cause revenue shortfalls.
Fed Says College Students Have More Debt than Previous Generations (tags)
A study released from the Federal Reserve Board notes that 70 percent of college students are graduating with more than $37,000 in debt.
Trumponomics and Wall Street Rejoices (tags)
Economics should be a part of life, not a steamroller crushing creativity and self-determination. The state should serve the public interest and reduce poverty. Trumponomics is a disaster. The poor, seniors, children and students are under a vicious attack.
The Criminality of the Elites (tags)
The offenses of the upper classes are hardly publicized. People wait in vain for strong interventions in the economic realm. Financial criminality harms the state, the community and economic growth (e.g. high-frequency trading, shadow banking, financial products)
Is the Financial Crash 2.0 Coming? (tags)
Market ideology has been on the advance since the 1980s. Only a few voices warned of the risks and instability of the liberalized financial markets. After they profited from the generous bailout packages, the banks began to speculate against the most indebted countries.
The Driving Force of Global Inequality (tags)
Behind closed doors, a powerful industry has developed worldwide since the 1980s: tax avoidance. Taxes that are avoided must be compensated by higher taxation of households with lower incomes.
How the World Heads for the Next Crash (tags)
Governments secure the money of the rich. State debts have grown in nearly all countries of the world since 2010. Ten years after the outbreak of the financial crisis, the economy is again in a standstill or mired in crisis. Trump wants to cancel the recent bank regulations and cut corp taxes.
Trumponomics: Failure Pre-Programmed (tags)
Macro-economic and ecological connections are simply ignored with the concentration on short-term profit. The planned reduction of corporate taxes from the current 35% to 15 or 20% recalls the Laffer-curve as the basis of Reagan's fiscal policy error.
Democracy and the Uncanny Power of Money (tags)
Growing inequality is the greatest political problem of our time. Governments are often only actors or puppets of an anonymous regime for the benefit of the privileged where the interests of simple people do not count.
Neoliberal Crisis Policy has Failed (tags)
The term "invisible hand of the market" goes back to Adam Smith. This assumes all economic activity promotes the common good. Neoliberalism's survival is surprising because its theoretical assumptions are dubious. People cling to neoliberal prescriptions against reality.
Generation Y Doesn't Fulfill Expectations (tags)
The revolution from Silicon Valley has shaken traditional American branches to the core.The Smartphone is more desirable than the car since the drive-in movie theater was replaced by Netflix. "The Facebook post may more important for self-esteem than the Italian vacation."
Planned Crises or Alan Greenspan's "Tsunami" (tags)
Greenspan knew his policy would create a financial bubble that ultimately had to burst. The subsequent crisis was consciously accepted since it speeded up the process of creative destruction. Lessons from the 2008 financial meltdown include shrinking the financial sector and expanding the public sector.
The Financial Crisis in the Light of the Social Market Economy (tags)
In 2007 and 2008 the US housing market almost completely collapsed. The crisis was brought about by a combination of state- and market failures. Extensive deregulation and violation of the liability principle were jointly responsible.
Capitalism as a Religion (tags)
"Capital is the only god that the whole world knows, sees, touches, smells, tastes and excites all our senses. It is the only god that doesn't encounter any atheists" (Paul Lafargue's little known genial satire "Religion of Capital" from 1887.
Oxfam Study: Six Reasons to be Outraged (tags)
Whether inequality harms or benefits was disputed for a long while. It could motivate individuals to more effort and stimulate growth, one side believed. It takes the chances for education and development from those who are poorer, the other said... Money buys power.
Economic Inequality Divides Economics and Society (tags)
An unequal distribution of income paralyzes the whole economy... Redistribution from top to bottom in a national economy ultimately depends on which social groups can enforce their interests more strongly.
Janet Yellen's Storytime (tags)
The US economy is not picking up speed, wages are not rising and the situation on the labor market has not improved... The world economy did not get going again after the greatest wealth redistribution in the history of humanity.
Puerto Rico Population Drops 10% Over Past Decade (tags)
Census Bureau estimates Puerto Rico's population shrinks by 10%, mostly during the island's financial crisis.
"Who is saving Whom?" shows what remains hidden. A tremendous redistribution from the bottom to the top.. Rescuing is taking place, for the 99% however there is no sign of a rescue.
CFPB Fines Predatory Student Lending Practices; Religious Organizations Pray for Relief (tags)
Synagogues and churches held prayer services for students as the Consumer Financial Protection Bureau fined Discover Bank $18.5 million for illegal student lending practices. The bank must repay students $16 million, pay a $2.5 million civil penalty and reform its lending practices. The Bureau accused Discover of overstating the minimum amount due in billing statements, misrepresenting students' total interest payments and engaging in illegal debt collection practices. The penalty is the first of its kind by the Bureau against a student loan company. "This fine sends a strong message to companies that take advantage of students," said Eric LeCompte, executive director of the religious anti-poverty coalition Jubilee USA Network, which advocates for responsible student lending policies. "Predatory lending traps students in debt." This past weekend, 64 faith communities from 26 states prayed and acted for fair student lending policies as part of Jubilee USA's national interfaith "Jubilee for Students" prayer event. In 2012 and 2013, the event pushed congressional legislation to stop federal student loan interest rate increases.
Cleveland Police Attack Black Activists (tags)
police state
How Economists Change the World (tags)
Theory development is also a war over dominance. The goals of Hayek's war were expulsion of the Keynesians, liberalization of the financial markets, abandonment of full employment policy, dismantling the social state and weakening unions.
America
Fed
The Myth of the Unexpected Crisis and Security (tags)
Many knew the rise of housing prices had to end some time or other... Four theses explain why the Fed was not active during the real estate boom: power of lobbyists, market ideology, trust in abstract academic models and inflation targeting.
Ten threats to Americans: Lori Wallach (tags)
Lori Wallach is director of Public Citizen's Global Trade Watch.
United We Stand Festival Ignites a Wave of Action for Indy Journalists and Active Citizens (tags)
The "United We Stand” festival kicked off on May 10th in downtown Los Angeles at the Belasco Theater with musical guests Immortal Technique, Wu-tang Clan, Rooftop Revolutionaries, A-Alikes, Sounds of Solidarity, Kellee Maize, and Chuck D of Public Enemy. Social activists on a #waveofaction at the festival included comedian Lee Camp, Green party political candidates Rosa Clemente and Jill Stein, March Against Monsanto founder Tami Canal, Emma Cape of Free Chelsea Manning, Diane Goldstein of Law Enforcement Against Prohibition, authors Rosa Koire, Ellen Brown, and David Swanson, and dozens more.
Ho Chi Minh And The War In Vietnam (tags)
Ho Chi Minh mistakenly thought that the US government, founded in revolution against colonizers, would help Vietnam free itself from the French.
On the Global Conjuncture, February 2014 (tags)
The key feature of the global landscape is the continuing stagnation of the centers of the global economy, the United States and the European Union. The promise of sustained recovery from the financial implosion has eluded the United States for over three years now while most of Europe remains mired in very deep recession, with the notable exception of Germany.
Obama Nominates Three Fed Governors (tags)
Fed
AIPAC's Federal Reserve Vice Chairman (tags)
Fed
grand theft
100 Years of Financial Terrorism (tags)
Fed
Bracing for An Eventual Day of Reckoning (tags)
markets
Remembering Jack Kennedy (tags)
JFK
Former Fed Official Apologizes (tags)
Fed
The Super Rich Reinvent U.S. Capitalism (tags)
As U.S. corporate profits soar to record highs, food stamps for the neediest were quietly cut. The politicians who are demanding endless cuts to social programs — Democrats and Republicans alike — insist that the U.S. is broke, all the while conveniently ignoring the mountains of tax-free wealth piling up in the pockets of the super rich.
Meet Noam Chomsky, academic gatekeeper (video) (tags)
Is Noam Chomsky an anarcho-syndicalist or proponent of the Federal Reserve? A fearless political crusader or defender of the Warren Commission JFK orthodoxy? A tireless campaigner for justice or someone who doesn’t care who did 9/11? Join us this week on The Corbett Report as we examine some of the subjects that Chomsky would prefer you didn’t think about.
Yellen's Fed Assures Business As Usual (tags)
Fed
Bernanke Stays the Course (tags)
Fed
Is Capitalism to Blame for the Syrian War Drive? (tags)
Obama’s push for war in Syria seemed so deeply irrational, so crazed, that many people naturally asked, “Why is this happening?” And “who” wants it to happen? Few Americans actually believed that Nobel Peace Prizing winning Obama suddenly wanted to bomb Syria because “Assad gassed his own people” (especially when zero evidence was given to prove this).
Janet Yellen Likely New Fed Chairwoman: Hold the Cheers (tags)
class war
Politics Serving Free Financial Markets Creates False Incentives (tags)
Stable exchange rates, a strict regulation of (financial-) capital transactions, a transactions tax and low interest rates should make financial speculation so unattractive (“euthanasia of the profiteer”) that real investments would quickly expand to maintain full employment.
Larry Summers: Wall Street's Man (tags)
Fed
The August 24 March on Washington: Why We Need a New Civil Rights and Labor Movement (tags)
It could have been left as a relatively small event that would make little impact, but plans for the 50th anniversary of 1963′s March on Washington appear to have taken another course.
Scary> NAACP & Amnesty International Have Fallen Asleep At The Wheel !!! (tags)
NAACP & Amnesty International Bloggers Are Lost Along With Texas Losing Hank Skinner's Exoneration DNA !
Alternatives to Stagnation and Depression (tags)
Politics has fought the symptoms of the great crisis with banking- and economic packages while its systemic causes remain untouched… The hardest phase of the great crisis is ahead of us, not behind us. All sectors try to safeguard their position through spending cuts...
Addicted to Liquidity Injections (tags)
Bernanke's announcing of lower monthly printing of money was enough to make stock exchanges collapse in many threshold countries. The monetary policy of printing money and zero interest is caught in a vicious circle. Liquidity glut generates credit growth.
Quantitative Crisis: Bernanke’s “Stimulus” For The 1% (tags)
When I heard that Federal Reserve Chairman Ben Bernanke told Congress last week that it was too soon for the Fed to end its extraordinary stimulus programs, I did a double take.
Financial War - How Banks and Bandits Endanger our Democracy (tags)
Political failure follows market failure. Participation in system criminality is without risk of prosecution. The financial crisis is not only a system failure. It was caused by human actions in the banking sector that are objectively punishable.
gold
Budget Cuts and Happy Times (tags)
For around three decades, a Troika from Wall Street, the US Treasury Department and the Federal Reserve pushed global (capital) investments with a mixture of tax cuts, cheap credits and overrated securities.
Lanza and Holmes Fathers Both Linked to LIBOR/FICO Scandal (tags)
The fathers of both Adam Lanza and James Holmes were both potential whistleblowers in the LIBOR/FICO scandal. Following the shootings committed by their sons, neither father will testify. This is the classic MK ULTRA scenario of mind controlled puppets distracting the public from real issues of upcoming economic collapse. The psychology of MK ULTRA is a low budget CIA tactic to disarm the people of the U.S. following controlled shootings by overmedicated individuals.
Are Reforms of the Financial Sector Enough? (tags)
This article focuses on seven errors and seven remedies of the financial crisis. The financial crisis was also a crisis of easy money. For years and again today, speculators exploited the situation that money was and is very easy to borrow in the US and Japan.
America's Retirement Crisis (tags)
class war
Chavez Succeeded Where Obama Failed (tags)
When President Obama campaigned in 2008 in Portland, Oregon over 70,000 people came to hear his speech. And although I missed the event, I was intrigued by the raw emotion that the candidate’s words inspired in my community. Obama re-visited Oregon during his 2012 campaign, but the inspiration had faded from his voice, and the audience had drastically changed.
More Economic Straight Talk (tags)
class war
US Economy: Troubled or All's Well? (tags)
economy
Cancellation of Illegitmate Debts Instead of Bailout Umbrellas for Financiers (tags)
The inflation of public indebtedness was an essential element for the enhanced power of financial capital. That inflation was a result of a conscious under-financing of the state and is a lever to enforce an austerity policy. Financialization intensified the pressure to precariousness.
Responsible Fiscal Cliff Resolution (tags)
class war
The Fiscal Cliff Is A Diversion: The Derivatives Tsunami and the Dollar Bubble (tags)
The fiscal cliff is a bipartisan excuse to introduce austerity measures in the form of "needed" cuts to social safety net programs such as Social Security, Medicare and Medicaid. The stage is set for "Jason vs. Freddy" or Obama vs. Boehner as we the people wait to see which politician serial killer will be cutting the U.S. people with their sharp knives of austerity.
More Evidence of Chupacabra than Bipartisan Fiscal Cliff Hype (tags)
The bipartisan hype over the so-called "fiscal cliff" is an attempt my the status quo to institute severe austerity measures that would effect seniors, disabled and other people dependent upon the social safety net that is set up on the chopping block by BOTH Democrats and Republicans. There may be more evidence of the mythical chupacabra (goat sucker) than there is proof of any upcoming fiscal cliff. Either way we are dealing with some really mangy bloodsuckers!
anti-war
Fiscal cliff is a hoax, may be bipartisan excuse to kill off U.S. poor people! (tags)
The media hype about the so-called fiscal cliff is just another bipartisan excuse to increase the gap between the wealthy and ever increasing number of poor people in the U.S. Notice both parties are advocating large cuts to social safety net programs when people are already struggling with poverty, while U.S. military bases remain operational on foreign soil through the Earth and only Presidential candidate Ron Paul was willing to save money by closing ALL overseas bases.
To Krugman, the increasing ideological blindness of German politicians can only be explained by their belief that "hard times must be the necessary punishment for earlier excesses." Krugman overlooks that the hard times and excesses do not concern the same people.
Quotes from Governor Gary Johnson, Antiwar and Anti Patriot Act Candidate (tags)
Governor Johnson, on the ballot in 48 states, would withdraw troops from Afghanistan immediately, be noninterventionist re Iran, repeal the Patriot Act, balance the budget, decriminalize marijuana etc.
Five Easy Post-Election Predictions (No Matter Who Wins) (tags)
It’s true that Barack Obama and Mitt Romney have many political differences. But they also agree on many essential policies; enough to make the next four years easily predictable, no matter who wins.
America's Sham Electoral Process (tags)
elections
class war
Living Under Israeli State Terror (tags)
Israel
Out of the Slump: The Only Road (tags)
A real analysis of the United State’s economic history is rarely discussed by politicians or media alike, since the conclusions that would be inevitably drawn would be out of step with what politicians are currently advocating.
BTL:Federal Reserve Report Reveals Americans’ Dramatic Loss of Wealth Resulting from Finan (tags)
Interview with William K. Black, associate professor of economics and law at the University of Missouri, Kansas City, Mo., conducted by Scott Harris
It's not the Federal Reserve, it's the system it serves (tags)
If the Fed were eliminated, the exact same powerful capitalist interests would be continue to bend government policy to their preferred outcome and would continue to exercise the same dominance over government, social institutions and the mass media. The only difference would be that the economy would become more unstable than it already is because there would be less ability on the part of government to dampen excesses. Why would that be good?
Obama's Failed State of the Union (tags)
Obama
So much crisis was never analyzed with a crisis-conditioned satisfaction guarantee! Instead of seeking culprits, we must seek the systemic causes of the indebtedness dynamic. These gigantic debt mountains were necessary to keep capitalism functioning. Fewer and fewer workers can producer more and more goods in an ever-shorter time.
Ron Paul's Anti-Progressive Agenda (tags)
elections
Why the Establishment is Terrified of Ron Paul (tags)
It’s fascinating to watch the long knives coming out for Texas Republican Rep. Ron Paul, now that according to some mainstream polls he has become the front-running candidate in the Jan. 3 GOP caucus race in Iowa, and perhaps also in the first primary campaign in New Hampshire.
class war
The Crisis, Trust and Homeowners (tags)
Capitalism cannot function any more without credit-financed debt on account of its increasing productivity. The recession will come because the indebtedness-dynamic can hardly be maintained with which the capitalist zombie-economy is kept alive in its pseudo-life.
The Great Refusal and The 99 Percent (tags)
The Great Unraveling provokes the Great Refusal (Paul Krugman). The mainstream media pursue their own political goals and only publish what pleases the advertisers. We need information, not indoctrination. Occupy could change the whole culture with a new media emerging.
Misplaced attack on 'ObamaCare' (tags)
Prior to the latest bi-partisan focus on "constraining" the Federal deficit--in which both D & R political parties now unite to use this heaven-sent battering ram to beat up on the working class even more, the Right Wing had been concentrating its Fire and Fury on the so-called ObamaCare...
Eurozone Doomsayer Got it Right (tags)
economy
The Occupy Wall Street movement, Engels, and the Theory of Socialism (tags)
The theoretical foundations of socialism as put forth by Frederick Engels in his book Anti-Dühring are still valid today and schould for the basis of the OCW movements around the world.
Oakland General Strike a Success, but Cops Seriously Injure another Vet (tags)
With over 50,000 people protesting in the street in three major protests through the course of the day, massive labor participation, and a shut down of the Port of Oakland, there is no question that the general strike was a success. Yet the corporate media is now blowing up the importance of a few acts of vandalism by protesters and agent provocateurs.
Hotline Now Open For Foreclosure Complaints (tags)
The Wall Street Journal Bank regulators and the mortgage industry have launched a complaint process to reach out to more than 4 million homeowners to find and compensate any who were harmed by deficiencies in banks’ foreclosure operations.
Libya
Six Proposals for Helping the 99% (tags)
Solidarity, social justice and sharing open doors while tax cuts for the super-rich only lead to exploding inequality. double standards and cynicism. Access could replace excess. The empire could be superseded by the republic.
Fighting for the Soul of the American Dream (tags)
class war
The crisis is 30 years old, not three years old. The causes of the crisis should be tracked down in the real goods-producing economy, not in the financial markets. The financial markets were keep alive up to the collapse of the speculative bubble by credit-financed demand.
Social Justice Occupations Head Everywhere (tags)
social justice
Dominant Finance Capital Institutions (tags)
money power
Learning Nothing in 80 Years (tags)
The crisis began in the US where the government became heavily indebted after September 11, 2001 in the war against terror and where property owners, banks and hedge funds long lived openly on credit. The German government was laughed at when it prohibited short-selling in 2010
Rage Against Wall Street Crooks (tags)
Wall Street
Imploding Bubble Economies (tags)
economy
Presidential Candidate Alexander picks Darcy Richardson and Steve Trager for 2012 (tags)
Today, Stewart Alexander announced that Darcy Richardson from Florida will serve as his national policy advisor, and Steve Trager from Ohio will serve as his regional campaign director. Both Darcy Richardson and Steve Trager have been activists on the political left for more than two decades. Alexander says he would seek former U.S. Congressman Alan Grayson to step in as Chairman of the Federal Reserve. ?We need a Federal Reserve Chairman that will help steer the nation out of this depression; I want Fed Chairman Ben Bernanke out and Alan Grayson in.?
Stagnation as a Trend-Life with Satiated Markets, Stagnating Economies and Reduced Work (tags)
45 years ago JKGalbraith was shocked at the public squalor alongside private affluence. In 2008-10 trillions were given to banks and Wall St. so private losses became public losses. By relieving corporations of taxes, neoliberal supply side strategy worsens growth and employment.
Hard Times Getting Harder (tags)
economy
Libya: Coming Waste, Fraud, and Other Forms of Plunder on a Grand Scale (tags)
anti-war
Manifesto of Appalled Economists: The Shocked and the Outraged (tags)
Tax cuts for the super-rich and corporations promised economic growth and more jobs but produced exploding inequality and generalized insecurity. The US faces a revenue crisis and a war spending crisis. Tax cuts, wars and bailouts of banks and firms caused massive US deficit.
Falsified New York Times Middle East Reports (tags)
media
Debt Ceiling Debate Charade Masks Planned Entitlement Cuts (tags)
criminal plan
Global Economic Crisis Deepening (tags)
Depression
Public Banking: An Idea Whose Time Has Come (tags)
public banking
"1st Great War of the 21th Century" (tags)
global war
Bretton Woods 2.0: Soros New World Order Conference (tags)
new world order
Wisconsin: For a General Strike Now! (tags)
A law challenging the very existence unions of government workers has just been rammed through the legislature in Wisconsin. In addition, wages have been slashed by up to 10 percent to make up for cuts to health insurance and pensions. The labor movement and workers nationwide and internationally are vividly aware of the stakes. There has been a lot of talk in the last three weeks about a general strike. The Wisconsin South Central Labor Federation even voted to authorize one. But now that the moment of truth has arrived, the union bureaucrats have gotten cold feet. They are doing everything to prevent strike action and instead to divert anger at this vicious law into a drive to recall Republican senators, to be replaced by Democrats, whose “alternative” budget bill would also have drastically slashed wages and benefits. There should be no delay: this is the hour for powerful labor action. A general strike is needed to shut down Wisconsin now!
One Land, Two Economies (tags)
Economic prosperity and progress for the president are obviously synonymous with robustly higher profits for businessmen and stock speculators. The large majority of Americans must suffer more because the crisis is not over for them.
Wall Street versus the Poor and the Middle Class: Obama’s FY 2012 Budget Is A Tool Of Clas (tags)
"Please help alert the people before it’s too late. Share these articles with everyone. Organize teachings in your churches, union halls, schools, or other community groups, etc. We can stop this but we have to act. Don’t wait on someone else to do it. We can’t allow the people of this country to be fooled any longer. This is a life or death situation for our citizens, for most all of us. Spread everywhere. "
Obama's Anti-Populist Budget (tags)
neoliberalism
Dollar-Yuan Currency War (tags)
The value of the Yuan is not the cause for the US trade and balance of payments deficits. The reasons are the high state indebtedness (armaments/ wars and tax gifts to the rich) and the indebtedness of private households. The US has a trade deficit with 90 countries.
Dexia Holding v Countrywide and the Sub-prime Crisis - the Scope of the Fraud May Begin to (tags)
The complaint signals a break of ranks in the tight formation of banks, attorneys, judges, and regulators, and rebellion by northeastern states against fraud epidemic that was spawned in the southwest. "Corruption of the courts and the legal profession" is at the crux of the fraud.
Prepping Minds for War Against China (tags)
You'd think the U.S. was already at war with China, given the immense amount of anti-China rhetoric spouting from the government and media. But selling wars takes time. The average American hasn't bought in to this false advertising yet. So the big lie will be repeated until its roots are deeply sunk into the American psyche: China, says the U.S. government, is a threat that needs to be "dealt with.” This propaganda assault is multi-faceted, taking aim from all directions. Any China-related issue -- military, economic, and social -- is open for attack. For example, the head of the U.S. Department of Defense, Robert Gates, recently visited Asia and focused much of his trip talking about China as a "military threat.”
Investigation, Impeachment of US Judge Jed Rakoff, Clerk Ruby Krajick Requested (tags)
The US Government coerced merger of Merrill Lynch and BofA involved alleged criminality by US and BofA senior officers, including Brian Moynihan and Ben Bernanke. US Judge Jed Rakoff and Clerk Ruby Krajick engaged in conduct of invalid litigation in alleged violation of the US law, and the publication of null and void court records in alleged violation of their Oaths of Office, as part of efforts to cover-up the alleged criminality by senior BofA and US officers.
Following Tucson Shooting, Dissent Demonized (tags)
Following the tragic shooting in Tucson by a mentally disturbed individual, any and all anti-government speech is now being attacked by the corporate media. This sounds like an MK ULTRA CIA operation that pushes unstable individuals over the edge and causes the reactionary left to call for censorship of anti-government sentiment and ideas.
Social Injustice in Israel (tags)
the data will surprise most people
The real American economy (tags)
9 TRILLION Dollars Missing from Federal Reserve,Fed Inspector General Can't Explain.
Who's Behind the Deficit Crisis (tags)
From the U.S. to Europe media and politicians are singing the same tune: "budget deficits must be drastically reduced -- by cutting social programs -- so that global bond investors do not threaten the economy." Not since the "war on terror" was announced has government policy been so shrouded in confusion and unanswered questions. In the same way we are not to ask how U.S. foreign policy has angered millions in the Middle East, we must remain equally silent about questioning the recent history behind the current "deficit crisis.”
The Financial Crisis and the Failure of the Modern Economy (tags)
The US government debt shot up from 2.9% in 2007 to 5.9% in 2008 and 11.9% in 2009. At the summits of Washington, London and Pittsburg, the goat was made the gardener. Ineffective rules were resolved that hardly helped regulate the financial markets.
Relections on "Obama's Economic View Is Rejected on World Stage"--NYT 11/12/10 (tags)
G20 nations reject US plans for world economy.
Quantitative Easing: Elixir or Poison? (tags)
QE indeed poison as being used
Systemic Washington-Sanctioned Fraud (tags)
massive fraud
IMF Considers Replacing the Dollar as Key Currency (tags)
More stability and efficiency will be created and money and the credit system de-politicized. In stress situations, a world central bank could serve as creditor "of last resort" to provide the necessary liquidity in the whole system in case of grave shocks.
foreclosuregate one of many examples
The October 2 "One Nation" demonstration in Washington DC is a call for government job creation in the face of mass unemployment and human pain. FDR's creation of 4 million jobs within 4 months is an example of government responding to crisis.
Ex-Fed Chairman Paul Volcker Criticizes the Federal Reserve (tags)
"Altogether the 81-year old Volcker can hardly see anything good in the development of the financial system over the last 25 years."
The Road to World War III - The Global Banking Cartel Has One Card Left to Play (tags)
"The global elite have consistently used a strategy of arming and funding both sides of armed conflicts. While opposing populations kill each other off, they make off with their natural resources. When they confront a government that cannot be bribed or provoked into civil or regional war, they fund brutal death squads, attempt military coups and intimidate them by giving weapons to undemocratic neighboring regimes. If all that doesn’t work, they are declared a threat to national security and the US military, private contractors and NATO forces invade and occupy the country. These terrorist strategies are not limited to the Middle East and Africa, just ask our neighbors throughout Latin America about the School of the Americas. Contrary to popular belief, the horrendous torture techniques inflicted upon people in Abu Ghraib, Iraq were not an isolated incident. Many of those brutal torture techniques were developed over years by torturing innocent civilians throughout Latin America."
Growing Poverty in America (tags)
exponentially rising numbers
Obama's New Consumer Watchdog (tags)
consumer interests won't be much helped
WALL STREET ~ BANKERS TARP BAILOUT TAX $$ COMING BACK 2 CA IN MEG WHITMANS MEDIA BUY$ ?? (tags)
HAS MEG WHITMAN CO~MINGLED TARP BAILOUT TAXPAYERS $$ IN HER CAMPAIGN ???
GREAT CLUE THAT THE GEORGE BUSH JR ~ KARL ROVE TARP THEFT REALLY WAS WELL PLANNED OUT !!! (tags)
ADD THIS ARTICLE ALSO 2 YOUR BUSH JR ~ KARL ROVE PONZI TARP FILES...little ripped~off American taxpayers !!!
BUSH JR & KARL ROVE DID NOT PARDON CRIMINALS PRIOR LEAVING WHITE~HOUSE,THEY PARDONED TARP (tags)
A FREE TOM DeLAY WAS $EEN KI$$ING HI$ TARP BAILOUT BUDDIE$ WALLET$ & YELLING FREE AT LA$T ..FREE AT LA$T...
U.S. Election 2012: Stewart Alexander Says Ben Bernanke Should Resign (tags)
U.S. Socialist Stewart Alexander says, “Bernanke’s speech and response to the U.S. economic crisis has revealed that Chairman Bernanke has failed in his responsibility to the nation and should resign. While providing future guarantees to Wall Street, Bernanke’s message only provided optimistic illusions for the tens of millions of working people that are struggling nationwide.”
"Capitalism has Failed" (tags)
"The investments of businesses are ridiculously low, as low as after the Second World. The reason for this may be the immense indebtedness of private households. The only thing that blossomed in the US in the last years was Wall Street-that is now killing itself.."
Arctic contaminants threaten polar bears (tags)
Arctic contaminants threaten polar bears
Crisis as Permanent State (tags)
The Federal Reserve pumped far more than a trillion without stimulating the economy. 250,000 new jobs must be created month after month to reach the 4.7% unemployment rate before the crisis. 125,000 persons stream on the labor market every month.
Restore Financial Sanity (tags)
Restore Financial Sanity and the People's Wealth
Obama Preparing to Attack Iran (tags)
f"Obama campaigned for the presidency quite explicitly as a warmonger in regards to Afghanistan, although his constant claim to have opposed the Iraq war left many voters with the false impression that he was less bellicose than Bush. In reality, Obama was always adamant about his desire to bomb and invade Pakistan in pursuit of the phantomatic “Osama bin Laden.” Barone comments: ‘It would be ironic if the professorial Barack Obama launches a military attack when his supposedly cowboy predecessor George W. Bush declined to do so….But I take it seriously when … nonhawks Joe Klein and Walter Russell Meade say Obama might bomb Iran."
100% Cal Assembly Honors Fascist Ronald Reagan (tags)
Are you still registered Democrat? On June 28, 2010, the entire California Assembly, Democrats and Republicans together, voted 100% to honor the fascist Ronald Reagan with a remembrance day, his birthday, February 6. In case you forgot or are too young to remember, here is a remembrance you should memorize, as you change your voter registration to Peace & Freedom or Green IMMEDIATELY.
Congressional Climate Bills: Stealth Schemes to Raise Energy Prices and Enrich Wall Street (tags)
climate bills are solely for profit
What Real Financial Reform Looks Like (tags)
Washington financial reform assures business as usual
Greenspan and the Guilt of Others (tags)
Before the committee, Greenspan immediately went on the offensive (cf. Creole trick). The irresponsible loans of banks caused the crisis, not the low interest of the Fed. The Fed failed in regulating the banks because its employees were not neutral.
Imprisoning A Courageous Whistleblower: The Case of Bradley Birkenfeld (tags)
Targeting anyone challenging power
Israel's Infiltration Prevention Bill (tags)
Israel accelerating toward fascism
Bogus Washington-Proposed Financial Reform (tags)
banker, not people reform
Applying the Emergency Brake (tags)
"The US bank model forces others in indebtedness, inflates the money supply, devalues assets and generates virtual dollars..Wall Street banks are involved in a `systemic risk' that endangers the capitalist reproduction process.."
Lights going out in Gaza again (tags)
Lights going out in Gaza again
"We are in the Greatrest Financial Bubble of all Time" (tags)
"An old world perishes as a new world arises-pictorially comparable to a caterpillar that dies because the butterfly comes to life. What is called financial crisis is only a superficial symptom.. One of the main causes of the debacle is the Americanized corporate governance." (F.Malik)
How Liberals Strengthen the Right Wing (tags)
The Democrats look around, blindly, after losing their long-held Senate seat in Massachusetts, and with it their Senate super-majority. They wrongly blame the voters, or their “populist” opponent, but rarely themselves. The Democrats’ claim to be “shocked,” but this scenario is now too familiar in the U.S. two-party system — that corporate-owned game of political musical chairs. Just when it seemed that the Democrats could finally “do something” — since they had a year of super-majority status in the Senate — a wrench was somehow thrown in the machinery.
The Next Crash is Brewing (tags)
The economic way of thinking enforced for a quarter of century is one of the structural factors that helped this "economy of depression" breakthrough. This dominant doctrine denies the role of demand and concentrates on the problems limiting the supply of goods & services
The Recession Is Over, the Depression Just Beginning (tags)
America's economy is dire and worsening
in the eye of the storm (tags)
in the eye of the storm
Are the Democrats Fighting the Banks? (tags)
How pathetic. President Obama sat at a table surrounded by super rich bankers, pleading with them to lend money to small businesses and workers. The media mislabeled Obama’s groveling as “encouraging,” “imploring,” and “pressing,” but a man who refuses to take action is powerless; and powerless people can only beg. This disgraceful meeting happened shortly after Obama got “radical” on national TV, calling the bankers “fat cats” and other tough words. But words are only that.
End the Fed? Or End the Market Economy? (tags)
When Republican Congressman Ron Paul recently introduced legislation to audit the Federal Reserve, diverse sections of the political spectrum applauded. And rightfully so. The Fed’s role in the still-developing bank bailouts is one of utter secrecy; the total cost of which — as estimated by the bailout’s Special Inspector General, Neil Barofsky — could cost taxpayers $23.7 trillion. The fact that legislation needed to be introduced to raise the question of the whereabouts of these funds points to a larger breakdown in U.S. democracy.
Abolish the Fed and Return Money Creation Power to Congress (tags)
Only Congress empowered to create money
The Washington establishment suffers a serious defeat (tags)
"Today was Waterloo for Fed secrecy," a victorious Grayson said afterwards. The bill still faces substantial hurdles in becoming law, of course, but yesterday's vote has made that outcome quite possible, and it's worth noting several important points highlighted by what happened here: (1) Our leading media outlets are capable of understanding political debates only by stuffing them into melodramatic, trite and often distracting "right v. left" storylines. While some debates fit comfortably into that framework, many do not. Anger over the Wall Street bailouts, the control by the banking industry of Congress, and the impenetrable secrecy with which the Fed conducts itself resonates across the political spectrum, as the truly bipartisan and trans-ideological vote yesterday reflects. Populist anger over elite-favoring economic policies has long been brewing on both the Right and Left (and in between), but neither political party can capitalize on it because they're both dependent upon and subservient to the same elite interests which benefit from those policies. For that reason, many of the most consequential political conflicts are shaped far more by an "insider v. outsider" dichotomy than by a "GOP v. Democrat" or "Left v. Right" split. The pillaging of America's economic security by financial elites, with the eager assistance of the government officials who they own and who serve them, is the prime example of such a conflict. The political system as a whole — both parties' leadership — is owned and controlled by a handful of key industry interests, and anger over the fact is found across the political spectrum. Yesterday's vote is a very rare example where the true nature of political power was expressed and the petty distractions and artificial fault lines overcome.
Medical marijuana gets a boost from major doctors group (tags)
Medical marijuana gets a boost from major doctors group
Will the Great Depression Be Repeated? (tags)
Global trade fell 30 percent three years after the crash. The US gross domestic product shriveled 40 percent. In 1932, every fourth American was without a job. In Germany, industry only produced half of what was produced three years before.
Push to legalize marijuana gains ground in California (tags)
Push to legalize marijuana gains ground in California
"The story of American money, which occupies a period of about three centuries, began when the early settlers in New England carried on their fur trade with the indians through the use of wampum, which had been fashioned from mussel shells in the form of beads. Beaver skins, wampum, and in Virginia, tobacco, soon became the common accepted media of exchange for all other available commodities. The immigrants, in fact, had little use for coined money at first, but when traders arrived from foreign lands, coins were usually demanded in payment for goods." Opening Statement of the book "A Guidebook of United States Coins" 17th Edition, 1964 by R.S. Yeoman
Economic recovery underway - a cruel deception (tags)
Negotiating Our Lives Away (tags)
At some point we have to step to the plate and put our foot down. It's not going to stop on its own.
Reviewing Project Censored's Latest Top 25 Censored Stories (tags)
Project Censored's fabulous new book.
GERMANY: What Lessons Do We Learn from the Financial Crisis? (tags)
Rating agencies were paid by the firms to be rated. Ultimately rational individual conduct led to an irrational collective result. The lesson is clear. On the way of regulation or taxation, banks must be given a massive incentive to remain small.
Hatemongering in America—the Post-Carter Dilemma Versus Conservative Opposition (tags)
The venom and vile the spews forth from America’s body politic is endemic of a people infected with fear and prejudice; but this learned hatred of a democratic agenda is not one based primarily on racism—yet hostility and resentment is very much its spirit. Rather this anima of animosity is one that seeks scapegoats for any instability felt or imagined of America’s middle and lower class realities, and all presumptions of a relatively naïve and misinformed society.
Endangered species listing sought for Arctic reindeer (tags)
Endangered species listing sought for Arctic reindeer
Leopards Can’t Change Their Spots, Nor Can Capitalists (tags)
Despite all the rhetoric, nothing much has changed and the fundamental contradictions of the system remain. The only solution is to rid ourselves of it.
Wall Street Under Obama: Bigger and Riskier (tags)
After the financial levees broke and the crumbling banks ushered in the economic crisis, angry people clamored for drastic change in the financial system. Obama reflected these feelings well, at times using radical rhetoric to denounce the banking titans. What he promised was deep regulatory change so that such a crisis “would never happen again.” Like every other promise of substance, Obama’s pledge to “rein in” the banks has fallen by the wayside; the well-timed rhetoric smoothed over public tensions and now business is back to usual. The New York Times remarks:
Census Bureau Confirms Rising Poverty, Falling Incomes, and Growing Numbers of Uninsured (tags)
growing poverty and despair in America
Court Orders Fed to Disclose Emergency Bank Loans (tags)
Manhattan Chief U.S. District Judge Loretta Preska ruled against the central bank yesterday, rejecting the argument that loan records aren’t covered by the law because their disclosure would harm borrowers’ competitive positions.
California’s Unemployment at 60 Year High, at Depression Levels (tags)
The news out of Washington is suggesting that the bottom of the economic decline is here, and last week, Federal Reserve Chairman Ben S. Bernanke stated that the “economy is leveling out;” however, the people with the Peace and Freedom Party, based in California, is dismissing the Federal Reserve report as propaganda that will only benefit Wall Street.
Capitalism is the Problem: System Error (tags)
The chaos that we now witness is only the latest crisis of the global economic system. The system has not succeeded in keeping profits at the level of the postwar years. What is good for one capitalist is not necessarily good for the system. Triple-digit billions have been pumped into system
The Crisis of Speculative Capitalism (tags)
The bubble bursts when debtors cannot pay and a bankruptcy crisis develops at the end.. The illusion of the stock exchange as a roulette with guaranteed permanent profits burst with the New Economy bubble..Only the worldwide regulation of the financial markets can avert their collapse.
Investments of the state in the infrastructure, in educational- and social services, are urgently necessary. One positive aspect of the crisis is that the financial sector has begun to shrivel. The shriveling of the financial sector must be accompanied and controlled by the state.
Self-Abandonment of the System (tags)
The banks are seemingly on Victory Street and taxpayers face bankruptcy. Bailing out banks by printing money is a dubious recovery. Paulson, Bernanke, Summers and Geithner are the architects of a policy of easy money. The money given to banks does not reach the economy.
Federal Government Closes down Liberty Dollar (tags)
Many believe that the Liberty Dollar is a much sounder currency than the U.S. Government's paper dollar
THE LANGUAGE OF AMERICAS DEATH (tags)
check out the new book: http://www.luxefaire.com/deathrecipes/tableofcontents.html
Fed refuses to disclose recipients of US $2-trillion (tags)
Fed refuses to disclose recipients of US $2-trillion
Bring the Bushite Enemy to Justice (tags)
"We don't give them a bail out on top of a bail out, they'll run Americans into the ground - is the for sure crime of extortion"
"Crises belong to capitalism as the cyclone belongs to the weather.. A social division went along with the neoliberal turn. The welfare state mutated to a repressive crisis management of a growing mass poverty..Greenspan's dollar glut kindled a global deficit economy.."
"The logic of the stock corporation leads to all profits ultimately being used to raise the stock price which promotes speculation." The only way to solve mass unemployment, destruction of the environment and trade imbalance is to break out of the system and pursue qualitative growth."
Risk Development and Dollar Inflation (tags)
Two articles by emeritus professor Elmar Altvater reveal the contradictions of credit or bubble prosperity in the counter-revolution of capital. As work cannot define us, competitiveness and profit maximization do not define the human experience Speculation could bring a new feudalism..
Michael Hudson's "Super Imperialism:" The Economic Agenda of Imperial America (tags)
How imperial America is funded
VIDEO: Same old sheriff on Wall St. (tags)
This realnews.com report is from June 24, 2009.
Obama's Financial Reform Proposal - A Stealth Scheme for Global Monetary Control (tags)
global dominance, not reform is planned
A billion to go hungry with food prices back on rise (tags)
A billion to go hungry with food prices back on rise
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Iran's marine mammals endangered (tags)
Iran's marine mammals endangered
Argentinization of the US and Currency War (tags)
"After the great killing of the bison, the basic food of Indians, the great killing of the US dollar, the basic food of today's credit-junkie, could now be imminent.. A deficit amounting to 13% of the GDP is more than four times what was established as the convergence criterion of the European Union."
Economic Crisis and the Crisis of Neoliberal Ideology (tags)
The crisis has his origins in the "real" economy. Inequality is the ideological motor of neoliberfalism. German president Kohler described the financial markets as a monster. The metaphor has changed from market as rational subject to monster.
America lets audit the fed who controls our money (tags)
We're almost there! HR 1207 (to Audit the Fed) has a whopping 207 co-sponsors. Can you believe we've made it this far? Here's the latest, and what you can do to push HR 1207 over the top:
600,000 seniors about to lose their homes (tags)
600,000 seniors about to lose their homes
Daniel Estulin's "True Story of the Bilderberg Group" and What They May Be Plann (tags)
Their goal is a world with rulers and serfs, no middle class
CA now faces budget cuts "beyond draconian" (tags)
CA now faces budget cuts "beyond draconian"
Manipulation - How Markets Really Work (tags)
Insiders move markets up or down for profit.
Ending Today's Economic Crisis Simply and Easily, in America and Globally (tags)
The solution is simpler than imagined.
US Army prepares to occupy Iraq for another decade (tags)
US Army prepares to occupy Iraq for another decade
Schwarzenegger plans to completely eliminate welfare for families (tags)
Schwarzenegger plans to completely eliminate welfare for families
Was the Prez Obama bribed by AIG ? (tags)
see this informative article about the meltdown, the 25 main cheating money grabbers, and how much AIG, a huge bailer outed had contributed to Obama's recent campaign in 2008 =see http://www.publicintegrity.org/investigations/economic_meltdown/assets/img/Chart5-fullsize.jpg
Reviewing Ellen Brown's "Web of Debt": Part VI (tags)
Part VI of Federal Reserve Plunder
Reviewing Ellen Brown's "Web of Debt:" Part V (tags)
Part V of Federal Reserve plunder
Political Poisonings: A Continuing American Tradition? (tags)
I am an American seeking asylum in Europe because I have been poisoned, apparently for political reasons. It seems the US government has experience with this punishment for political opponents, but worse things may be in store for the masses.
Reviewing Ellen Brown's "Web of Debt:" Part IV (tags)
Federal Reserve plunder Part IV
Avoiding Bailout Questions (tags)
Systemic and structural analysis is more difficult than scapegoating. Speculative greed was at the heart of the dotcom, Asian, Mexican, Argentinian and Russian crises.
Reviewing Ellen Brown's "Web of Debt:" - Part III (tags)
Federal Reserve plunder Part III
Political Poisonings: A Continuing American Tradition? (tags)
I am an American seeking asylum in Europe because I have been poisoned, apparently for political reasons. It seems the US government has experience with this punishment for political opponents, but worse things may be in store for the masses.
Interior upholds rules designed to make polar bears extinct (tags)
Interior upholds rules designed to make polar bears extinct
Reviewing Ellen Brown's "Web of Debt:" Part II (tags)
Part II of Brown's superb book.
CA Governor asks 'what if pot's legal and taxed?' (tags)
CA Governor Schwarzenegger asks 'what if pot's legal and taxed?'
Reviewing Ellen Brown's "Web of Debt" - Part I (tags)
Federal Reserve debt entrapment 101
FDR's New Deal v. Obamanomics in Their First 100 Days (tags)
stark mirror opposites
It is not a conjunctural crisis (tags)
"instinct is the hereditary knowledge of a specific program of life"
The Global Research News Hour - Media As It Should Be (tags)
in-depth truthful discussion and analysis
"Low-Wage Capitalism" Author Speaks in San Diego (tags)
Fred Goldstein, contributing editor of the Workers' World newspaper and author of the new book "Low-Wage Capitalism," spoke at the Malcolm X Library April 18 and described the current economic collapse as a classic "crisis of overproduction" in the Marxist sense. Though Wall Street greed and the bursting of the housing bubble played a part, he said, the real cause was the capitalist class's success in driving working people's wages down, not only in the U.S. but worldwide, to the point where workers can no longer afford to consume the products they produce. He called for a mass progressive movement to make explicit economic demands, especially jobs.
The New Feasibility and the G20 (tags)
These fictional articles point to a future after the world turned upside down by financial speculation. They were published in a fictional issue of "DIE ZEIT," the famous Hamburg weekly.
US escalates threats against Pakistan (tags)
US escalates threats against Pakistan
The international monetary system's breakdown is underway (tags)
The international monetary system's breakdown is underway
Disarm the Markets! New Attac Basis Text (tags)
The therapy depends on the diagnosis. Mechanisms, instruments and actors can be identified whose action and teamwork led to the crash. The age of a unipolar world was very short. An historical chance is opening against finance capitalism.
Honeybees in danger
Ice-free Arctic Ocean possible in 30 years (tags)
Ice-free Arctic Ocean possible in 30 years
Lessons from the Great Depression: Christina D. Romer (tags)
This paper was presented at the Brookings Institution Washington D.C. March 9, 2009. Christina Romer, economics professor at Berkeley, is one of President Obama's economic advisers in the Council of Economic Advisers.
Marine mammals will die in Navy warfare testing program (tags)
Marine mammals will die in Navy warfare testing program
Iraq puppet government prepares to execute hundreds of gays (tags)
Iraq puppet government prepares to execute hundreds of gays
U.S. Socialists: Obamanomics offers little hope for working people (tags)
Considering the track record of the government bailouts to save the “free market,” socialists believe an additional $2 trillion will not ease up credit markets and will do little to ease the on-going national economic crisis. Congress has presently invested more than $2 trillion since February 2008 to free up the credit markets; however, the credit markets remain as frozen as Antarctica.
The New World Order's ObamaNation (tags)
Matt Taibbi has written an important article in this month's Rolling Stone magazine. In it he explains to the reader, in layman's terms, just what happened, how it happened, and who benefited from the massive taxpayer bailouts of Wall Street's biggest firms. But, most importantly, he hits the nail on the head by saying that the Republic is officially dead (and we do hear the dirge) -- there is no more pretense that we live in a democracy under the rule of law, because now the lawless ones have "officially" taken over the apparatus of the state and given us the finger in the process. Yes, as Taibbi's says: "We are royally fucked." Congress is now a collection of rubber stampers, and the people -- Wall Street slaves.
"Down the Memory Hole," Alan Greenspan Style (tags)
Greenspan-caused housing bubble
Dodd and Geithner should resign (tags)
Fallen Stars: On the Greed of Bankers and a New Morality (tags)
The economic ethicist Ulrich Thielemann explains how greed, false theories and the herd instinct caused the massive financial crisis. They had the theory when we make profits that is ultimately good for everyone.
Beware right-wing infiltration of KPFK (tags)
Right-wing material is creeping into KPFK programming. Why?
Obama's Mistake in Reasoning (tags)
The accumulation of capital in fewer and fewer hands first made possible the worldwide economic crisis. For Obama's economic policy to be successful, he must reverse the assets disparity and force the 10% with two-thirds of the assets to solidarity through higher taxes.
America loses 23,000 jobs every day (tags)
America loses 23,000 jobs every day
Systemic Failure: Capitalism "Lays an Egg" (tags)
deepening economic crisis
As the revered godlike head of the Federal Reserve, Greenspan pursued a policy of cheap money. Whenever the financial markets began to correct their own madness, he opened the floodgates for more money..The world stares so intensely at growth that it forgets distribution.
Fear of the Great Depression (tags)
The acute danger exists of a self-reinforcing downward spiral from deflation, increasing debts and new problems in the financial sector..Degenerate banks must be closed by the state in a controlled way. Politics must try to reduce the uncertainties of consumers.
Capitalists Attempting to Redefine Socialism (tags)
Since Congress passed the first $168 billion government stimulus, the “S” word has become a favorite term for the corporate media in referring to socialism. It would be more appropriate to use the “S” word to refer to “stimulus” because it is evident that the capitalists are moving no closer to a transition to socialism; however, as the U.S. economic crisis continues to expand and the failure of capitalism become more apparent to the world, the wealthy ruling elite are now sustaining capitalism with one stimulus after another.
BTL:Replace Wall Street's Phantom Wealth with Main Street's Real Wealth (tags)
BETWEEN THE LINES Syndicated Radio Newsmagazine --Weekly Summary
Back from the Wilderness: Joseph Stiglitz (tags)
Economy theory has long explained why unhindered markets do not correct themselves, why regulation was necessary and why the government had an important role to play int he economy. Many who worked for the financial markets forced a kind of market fundamentalism.
Liberal Prof Confronts Socialist Audience (tags)
Grossmont College economics professor Shahrokh Shahrokhi was invited to speak at the January 12 meeting of Activist San Diego, but though he attacked "market fundamentalism" and called for more government regulation of the economy,,public equity purchases iin the major financial firms and an extensive stimulus plan, many in the audience didn't think his proposals went far enough. They also bristled at his contention that homebuyers who took out mortgages beyond their means were partly responsible for the current economic crisis.
The Blame Game in Gaza: Covering for Israel, Concealing War Crimes (tags)
Israeli war crimes in Gaza
On the Financial Crisis in the 20:80 Society (tags)
The question is how we deal with the 20:80 society, not whether the 20:80 society is coming because the development is irreversible. In the long-term, work will disappear.. Jobless growth has become the normal condition.The end of work can be a great leap for humanity.
From Real Estate Speculation to Collapse of Global Deficit Economy (tags)
Joy to the world, the world of fallen idols and bubble transfer. The truth will set us free but the truth is a process, not a cudgel or stimulus. After the dot-com bubble, trillions were "invested" in real estate speculation. The crisis of the work society is the background for low interests.
Gaza hospitals are overwhelmed (tags)
Gaza hospitals are overwhelmed
The Danger of Right-Wing Populism (tags)
A strange trend is appearing in the political realm of the Left. Self-proclaimed political conservatives — many current or former members of the Republican Party — are being given considerable room in Left publications, for example in Counterpunch and BuzzFlash. At first it seemed accidental, with only sporadic occurrences. Now these “renegade” right-wingers enjoy ample room in spaces formally reserved for “lefties only.” How is this to be explained?
Naked Short Lie:Steve Forbes Brings Economic Pornography To Wardlaw-Hartridge High School (tags)
The earliest usage for the term 'naked short selling' or 'naked shorting' I have been able to verify is from an email to the U.S. SEC IN 1999.No academic or securities professional ever used it previously and Patrick Byrne's NCANS representative gave the Cheetah Club lap dance club in Las Vegas' address when a website was opened for that fraud in 2004 or 2005.I believe that had a professional or academic coined a term for counterfeitting of shares it might have been 'negative short selling' but because it was creating by a Washington,D.C. mafia composed of social perverts 'naked' was the only thing they could come up with. And Steve Forbes gives new meaning to the word pervert.
The Federal Reserve Abolition Act (tags)
Abolishing the Fed.
Arctic melt passes the point of no return (tags)
Arctic melt passes the point of no return
Obama's New Appointments (tags)
as bad as the others
Iran to send relief ship to Gaza (tags)
Iran to send relief ship to Gaza
Excess Debt and Deflation = Depression (tags)
the worsening economy
Global economy collapsing along with the world financial system (tags)
Conditions are going to get considerably more difficult for Americans. Chapman says in 2 years 25% to 38% of all Americans will be out of work and living or waiting outside homeless shelters for a place to sleep. Tens of thousands including the elderly or single women and children will be homeless and hungry.
The Bailout Intensifies (tags)
Even through its muffled language, it was obvious that the typically non-alarmist New York Times was having trouble digesting the latest government announcements. On November 26, the Treasury and Fed revealed it would spend 800 billion more tax dollars towards new “lending” programs. That day, the Times concluded that the government was “sending a message that they will print as much money as needed to revive the crippled banking system.”[!] Later in the article we learn that “the government has assumed at least $7 trillion [!!] in direct and indirect financial obligations in the form of Wall Street bailouts, emergency lending and government guarantees on bank deposits, inter-bank loans and home mortgages.” The term “blank check” doesn’t begin to describe the vast amounts being tossed about.
"Like the Fall of the Wall" (Joseph Stiglitz) (tags)
The mixture of low interests, excessive liquidity and lax oversight on money institutes led to the financial crisis. National indebtedness rose two-thirds in only eight years. The govt should immediately begin investing in the infrastructure, education and other projects.
Conning Congress for Bad Intentions (tags)
Is was reported by the L.A. Times and many others, this actual Israeli plan, of linking bin with Hussein, was in place days before 911 went down, according to German Intel.
A Public Letter to America from King Johnny (tags)
Wow! This was one powerful showing of our present circumstances. Let us all speak for Obama to order US in to formally arrest those responsible for 911, including the war crimes of Afghanistan and Iraq, Georgia and Lebanon too will not be impossible with 24 hour cop-o-rate news coverage following our investigators around, to joyously receiving Justice to the culprits
Unbelievable U.S. Gov. Action (tags)
They are giving (8) trillion dollars of our tax money to the very guys who ripped us off in the first place
The Federal Reserve: History of Lies, Thievery, and Deceit (tags)
Former Congressional Candidate, 6th District N.J. "I place economy among the first and most important virtues, and public debt as the greatest of dangers. To preserve our independence, we must not let our rulers load us with perpetual debt." Thomas Jefferson
Lurching Toward Gomorrah: More Signs of An Unstoppable Economic Meltdown (tags)
a deepening economic crisis
Some thoughts on the current economic crisis and capitalism
Worse Than the Great Depression? (tags)
a distinct possibility
Hey, Prez-Elect Obama: Say “Thanks” to Alan Greenspan! (tags)
Sen. John McCain’s presidential candidacy was done in mostly by a Wall Street-Financial Meltdown, in late Sept. 2008. This phenomenon took the issue of “national security,” which favored him, off the table, and replaced it with “the economy,” which was Sen. Obama’s strongest suit. The fact that Dubya is the most unpopular president in history, coupled with having $639 million to spend, all added up to a smashing victory for Prez-Elect Obama.
Public Enemy Number One (tags)
Fed- engineered crisis.
Financial Market Capitalism: Neoliberalis become State Socialists (tags)
Neoliberalism is neither new nor liberal. All freedom is demanded for capital, even though human dependence is intensified and human existences destroyed. The state becomes a functionary for neoliberal concepts. The debts of Fannie/Freddie are added to the nine trillion.
Frugal – how Palin describes her $150,000 bill for clothes (tags)
IN AN interview that echoes Marie Antoinette's cry of "let them eat cake", Sarah Palin yesterday insisted the $150,000 spent by the Republican party on her campaign trail clothes was "frugal".
The Neediest Need Help Like the Banks (tags)
The same state haggles over every bowl of soup for welfare recipients. For banks, billions appeared overnight. There must also be money for higher wages and more social services.
Past sins are coming home to roost.
In the great US democracy, half of those eligible to vote are not registered, and half of those who are registered does not vote. Thus, the rulers are elected by only 25% of the electorate...
The Philosophies of Deregulation and Neoliberalism are Dead in the West (tags)
"The patient suffers massive internal bleeding and is given a blood transfusion. The banks lent money and accepted inflated assets as security. This bubble burst..Those who pocketed profits for years want to pin the losses on the taxpayers."
President Johnny - Our Time Has Come (tags)
The corporate media whores refuse to defend US by acknowledging, General Ahamd funded 911's Atta, or that Saddam wasn't found in violation of UN resolution 1441. Trillions are missing from the Pentagon, Pensions, and Federal Reserve offices as the new america: where the people just refuse to speak for the real defense of their own continuing downfalls.
Banks dictate conditions of US financial bailout (tags)
The 936 point rise on the US stock market yesterday was the American ruling elite’s initial verdict on the extraordinarily favorable terms the government is granting to financial firms in the $700 billion bailout passed by Congress on October 3. Far from heralding improving economic conditions for working people, the Wall Street surge reflects the financial establishment’s success in extorting massive sums of money from taxpayers.
The President of the United States, George Bush, enters today his last 100 days in power overshadowed by very high unpopularity rates and one of the worst economic crises in recent decades.
Justice Department scandal almost buried by financial crisis (tags)
Investigators from both the department’s Office of Inspector General and Office of Professional Responsibility found that political pressure did indeed drive the dismissal action against at least three of the nine federal prosecutors abruptly fired. At the time, then-Attorney General Alberto Gonzales insisted the individuals were all dismissed for inadequate performance, or failure to implement the President’s law enforcement agenda.
PANIC DECLARED Empty store shelves, gas pumps, ATMs ahead. (tags)
Who am I to declare a panic? Don't worry about that yet; just stock up on a little cash and canned goods. When everything the feds do JUST MAKES THINGS WORSE -- we are in a panic. Not just grandpa's Depression, but a good old-fashioned running-scared panic when the shelves go bare ...
"Worse than in the Iraq War" (tags)
"A recapitalization of relatively sound banks could be vital for creating trust in the financial system. This must happen in a way that prevents privatizing profits while socializing losses. One can learn good crisis management in the example of Sweden's banking crisis in the 1990s
The Fleecing of America (tags)
Public and private looting.
Bush and the neocons caused it all (tags)
Al jazeera tells it all
Peace and Freedom Candidates Ralph Nader and Matt Gonzalez in Oakland (tags)
Over 500 people turned out to hear presidential candidate Ralph Nader and his running mate Matt Gonzalez at Oakland’s Grand Lake Theater Sept. 30. The two are on the ballot in 45 states this year as Independents or on various party lines, including the Peace and Freedom Party in California. Several P&F candidates also spoke, as well as Cindy Sheehan, running as an Independent for Congress against House Speaker Nancy Pelosi.
The government-business looting of America.
NO TO BUSH-PELOSI BAILOUT OF WALL STREET GREED! TIME FOR PEOPLE’S ACTION AND REAL CHANGE! (tags)
The Bush-Pelosi proposed law bailing out Wall Street capitalist greed and hyper-profit,will hit the American poor and middle class even harder, and prolong the crisis. Time to stop the bill! Time to change Wall Street-coddling politicians! Time to go into the streets and make the people's voice heard!
Congress standing up to the bailout (tags)
Transcript of address from Rep. Marcy Kapitur, D-Ohio, Toledo The latest reality game - Wall Street Bailout - has a counter-game called Wall Street Reckoning. The Capitol switchboard is easy and free: 800-270-0309
Russians and Chinese Laugh (tags)
Bailing out speculators is like protecting the sharks from the sardines.or paying the robbers. Executives should absorb their losses by taking a 96% pay cut. Speculation should be discouraged, not rewarded. The Capitol switchboard is easy and free 800-270-0309
The Fed, AIG, Congress, Third Party Candidates and the Debt (tags)
The Fed,” William Greider said, “decides who shall prosper and who shall fail.” American International Group (AIG), Fannie Mae, Freddie Mac and Bear Stearns, all private entities, will be bailed out by the taxpayers. Third Party candidates want an audit and investigation of “The Fed,” an unelected clique. “The Fed,” and the Treasury Dept., are currently submitting a Mother of All Bailout schemes to the Congress. It may cost the public $1 trillion!
... Fiscal paradises are prospering; people are suffering. Is this how humanity’s well-being can be guaranteed?
Reviewing Danny Schechter's "Plunder" (tags)
A masterful account of the subcrime crisis.
Wall St's "Melt Down" is Ronald Reagan's "Legacy" on a Silver Platter! (tags)
The Scary Ghost of Ronnie Reagan: The Dow fell almost 450 points and the Nasdaq fell nearly 5 percent in its worst day since the aftermath of the September 11 attacks in 2001 as rattled investors worried about who could be the next victim of the global credit crisis.
Step Right Up Folks! It's The FEDERAL RESERVE CARNIVAL BAILOUT Shell Game! (tags)
Over the din of calliope music, the smell of hot dogs, cotton candy, and buttered popcorn, set against the backdrop of brightly colored booths filled with con-artists, charlatans, and fakes of every type and description, a new carny booth has just opened, The Federal Reserve Bailout Shell Game Booth ! And EVERYONE is a WINNER !!!
Bankruptcies Prohibited (tags)
Capitalism is a system based on debts and credit. To function, it needs trust, trust that banks will always meet their obligations. Fannie and Freddie could not do this any more. Alan Greenspan promoted market forces after extremely overrating them.
Growth and Social Justice: Joseph Stiglitz (tags)
The trickle-down economy does not function. The left understands the market and rhe role the market can and should play in the economy. The right doesn't understand either. The Bush administration is nothing but the old corporatism in a new garment.
De-Acceleration or Globalization 2.0 (tags)
"The wondrous global division of labor came about in which threshold countries lend money to the US to buy Chinese or Indian products..Must cut-flowers from Africa be promoted in Europe?..With de-acceleration, globalization will catapult fewer jobs around the globe.
William Greider Raps Predatory Usury Schemes (tags)
How did the country get into this unholy financial mess? Think usury! Acclaimed author William Greider points the finger at banks, and people of great wealth, “taking advantage of poor people by lending them money on terms that are sure to fail.” He blames others, too, like “The Fed,” under the reign of Alan Greenspan, the U.S. Congress, and Wall Street. Mr. Greider charges that these parties worked to “castrate” the watchdogs.
Monetary Policy and Stagflation (tags)
50 countries already show double-digit rates; 42% of the world population is affected. Monetary policy reacts helplessly to stagflation. The financial bubble economy is an excess. When consumers finally spend the money they don't have, everything will be just fine.
MGM, Dubai Fall Behind on $3.5 Billion Loan for Las Vegas Plan (tags)
July 29 (Bloomberg) -- MGM Mirage and Dubai World are late in raising as much as $3.5 billion for their $11.2 billion CityCenter project in Las Vegas because banks saddled with debt to casinos and hotels are wary of making new loans.
The Shrinking Influence of the US Federal Reserve (tags)
Humiliation for Mr. Dollar: Ben Bernanke, the chairman of the US Federal Reserve Bank, faces a general investigation by the International Monetary Fund. Just one more example of the Fed losing its power.
Crisis Populism and Rose-Colored Glasses (tags)
When it concerns socializing the losses of the financial disaster, the head of Deutsche Bank no longer believes in the "self-healing power of the market." The bankruptcy of neoliberalism is blatant.
Potential Future Hyperinflation (tags)
Potential economic trouble ahead.
Global Economic Meltdown (tags)
Financial Instability is Leading to an Economic Catastrophe
Economic troubles are broad, deep and worrisome.
Game of Deceived Deceivers (tags)
The worldwide game with fictional assets has a few winners and many losers. Who has deceived whom in the game of deceived deceivers is hardly clear. The world econmy is too important to be left to gamblers. We need far more than a few new surveillance cameras and watchmen in the casino
Will the Neoliberal Consensus Survive the Banking Crisis? (tags)
These are hard times for the neoliberal consensus whose message was forced worldwide for three decades by the ruling classes in the imperialist metropolises on free capital flows. Business data is a fetish constructed for the goal of profit maximization.
How business starves the world's poor (tags)
How business starves the world's poor
Toxic e-waste pouring into Third World (tags)
Toxic e-waste pouring into Third World
$100 fill-ups arrive at gas pumps (tags)
$100 fill-ups arrive at gas pumps
Hunger plagues Haiti and the world (tags)
Hunger plagues Haiti and the world
US looking at lead levels in artificial turf (tags)
US looking at lead levels in artificial turf
US undermining Afghan trials (tags)
US undermining Afghan trials
The Madness of Ben Bernanke (tags)
The dollar is in a tailspin, the trade deficit is growing and a recession is on the horizon. But the head of the Federal Reserve keeps on pumping easy credit into the system-a crazy policy that will worsen the crisis.
US lawmakers invested in Iraq, Afghanistan wars (tags)
US lawmakers invested in Iraq, Afghanistan wars
Workers Pay for Their own Impoverishment (tags)
A whole series of factors are combining to undermine the financial position of banks. None of this happened by chance. It is only to be expected that brokers should seize every opportunity to line their pockets. They use innovations to kid themselves they can abolish risk.
The greatest risks threaten through the crisis of the financial system, through further price increases for food, the sensitivity of global supply routes and the increasingly expensive sources of energy. 2008 could develop into a worldwide crisis year.
Recession and Repression (tags)
The real inflation rate including energy and food amounted to 7.4 percent in January. The number of purchased homes reached an historic low. The compulsory auctions by banks have nearly doubled compared to the preceding twelve months.
The Downhill Plunge Speeds Up (tags)
The state has a social nature and cannot only be power and security state. In crisis, we are all Keynesians. Taboo for a long time, the New Deal program slowly sounds promising again. The 1933 "Home Owners Loan Act" was created in the first 100 days of Roosevelt's presidency.
Alan Greenspan at the Feds: A Disaster for America (tags)
The supposed financial guru, Alan Greenspan, was nominated to head the Federal Reserve, in 1987, by that union-bashing dunce, President Ronald Reagan. At his confirmation hearing, the late Sen. William Proxmire (D-WI), exposed the fact that Greenspan’s economic forecasting record was “dismal” and “wrong” most of the time. In his book: “Greenspan’s Bubbles,” William A. Fleckenstein proves Sen. Proxmire’s instincts were prophetic.
Psychology has a great influence on developments of the world econmy. In Tokyo, the G7 states agreed to avoid negative terms to not worsen the situation. Neither the extreme price drop of the dollar nor of the Yen were mentioned in the final declaration.
The Rescuers of Capitalism (tags)
Banks all over the world bought these speculative objects through subsidiaries called "special conduits" that did not appear on the official balance sheets. The mortal sins of the economy are the specualtive practices, not state interventions.
3/11 "Buffalo" Market - (A Date Code Decode) (tags)
Captain Eric H. May, the Internet intelligence officer, offers a compelling case to prove that the recent record profits on Wall Street happened according to a schedule, or a "date code," as he calls it.
Peak Oil: The Global War for Oil (tags)
Despite optimistic estimates, the market seems to accept peal oil since the rich oil companies are not investing in new refineries. The 150-year American expansion explains the military option. Speculation caused the tenfold increase of a barrel of oil from $10 (1998) to $100 (2008).
The Crisis of Speculative Capitalism (tags)
Since the end of July 2007, the world economy was shocked by a new severe crisis of the financial markets. The courage to regulate the financial markets to prevent a future uncoupling from the productive economy is still obviously absent. The hour of truth will inevitably come.
The Republican Candidate (4 and 5) (tags)
If this is a subject of interest to you, in the United States today there are five Cuban prisoners, separated one from the other by thousands of miles. They have no area that can be sarcastically called the “Hanoi Hilton”. Their suffering and the injustice of which they are victims will be known the world over; don't doubt it for a minute
Is the "Mother of all Financial Crises" Imminent? (tags)
A trade-weighted devaluation of the dollar of around 25 percent is necessary allowing the US currency to ski "gradually and orderly" against free-floating currencies. The IMF could establish a "substitution account" with "special drawing rights" to avert a dollar panic.
US Crisis Sends Europe's Housing Market into Free Fall (tags)
Investor George Soros sees the worst economic crisis since the Second World War as the aftermath of heavy debts and the credit crunch. Speculative greed for profits and contempt for whistle-blowers led to the crisis. Will there be system correction or only cosmetics?
Infragard - Martial law enforcement has been privatized (tags)
Martial law enforcement has been privatized
The Subprime Tsunami Reaches the EU (tags)
Subprime mortgage credits in the US should not have been issued. Nevertheless subprime credits were extended in the volume of $1.3 trillion. An avalanche of expropriation roars in the valley. The banking crisis spills over into the credit system in the real economy.
COLLAPSE OF THE US DOLLAR (tags)
Imagine being sent forward in time from 1967 to 2007. Instead of gas costing 25 cents a gallon, it's $2.50. A decent home, intead of costing $15,000, costs $250,000 or more.
Yes the war has been declared. It has been declared against humanities freedoms, liberties and health. You have been unknowingly disarmed. You have lost the most powerful weapon. That weapon is knowledge of the truth. Society has been fed a diet of professional propaganda lies since before your birth.
Reviewing F. William Engdahl's Seeds of Destruction (tags)
Agribusiness aims to control food worldwide and make it all genetically engineered
Interview with Kurt Richebacher (tags)
"The dangers that loom on the currency front are immense. The US trade deficit and the accumulated foreign indebtedness have reached a scale that defies any possible action by central banks." Dr. Richebacher is a former economist of the Dresden Bank.
Morgan Stanley Issues Full US Recession Alert (tags)
Morgan Stanley has issued a full recession alert for the US economy, warning of a sharp slowdown in business investments and a perfect storm for consumers as the housing slump spreads. Under the conservative definition, man is the servant of money. Long live alternative economics!
Yes there really is only one true democracy left...
The Real Financial Tsunami is coming! (tags)
"The $690 billion worth of “interest only” ARMs due for interest rate hike between now and July 2008 are by and large not Sub-prime but a little higher quality, but only just. There are a total of $1.4 trillion in “interest only” ARMs according to the US research firm, First American Loan Performance. A recent study calculates that, as these ARMs face staggering higher interest costs in the next 9 months, more than $325 billion of the loans will default leaving 1 million property owners in technical mortgage default. But if banks are unable to reclaim the homes as assets to offset the non-performing mortgages, the US banking system and a chunk of the global banking system faces a financial gridlock that will make events to date truly “peanuts” by comparison. "
The Killing Silence of Alan Greenspan (tags)
The Bush-Cheney Gang lied the country into the Iraq War. Now, Alan Greenspan, the ex-Chairman of the Board of Governors of the Federal Reserves, has admitted: “’Everyone’ knows the Iraq War was largely about oil!” Greenspan should be forced to testify, under oath, before a Grand Jury and/or the House Judiciary Committee about this amazing disclosure. The American people are entitled to the truth and the liars should be punished.
Greenspan's Dark Legacy Unmasked (tags)
Alan Greenspan's true record of public disservice.
Progressive radio host Thom Hartmann cuts off calls about the pro-Israel lobby (Mearsheime (tags)
Progressive radio host Thom Hartmann cuts off calls about the pro-Israel lobby (Mearsheimer & Walt book)
Central Banks Reduce Their Holdings (tags)
Japan, the largest investor in US debts, has been reducing its holdings for three years.. The decline of foreign treasury holdings is not surprising because foreign dollar investors suffered massive losses through the dollar's devaluation in the last two months.
Questions to the Maestro Alan Greenspan (tags)
Listen to Thom Hartmann interview Alan Greenspan on Air America Monday Sept 24. Greenspan was responsible tor the credit problems that now shake the world finance markets. Did the maestro drastically lower interest rates to help the Bush administration?
Alan Greenspan on Thom Hartmann Monday (tags)
Tune in to the Thom Hartmann show Monday on Air America and hear Thom interview Alan Greenspan, head of the US Federal Reserve for 18 years and engineer of the present mortgage-credit-bubble crisis.
Top Tesla Assistant: Curious George (tags)
Some interesting Tesla history. And more.
American Jewry: Interests and Intents (w/ Help from Haaretz) (tags)
Captain May, the Internet intelligence writer, analyzes the taboo subject of Jewish ethnicity, and its impact upon our national policy. Is the term "anti-Semitism" about those who don't like the Jews -- or is it about those whom the Jews don't like?
who is george scherf?
Real Estate Crisis in the US (tags)
Credit failures in the real estate business threaten the whole payment system between banks, private businesses and households handled through short-term credits..The US real estate crisis affects other economic sectors and countries and cal also lead to a shift in class relations.
Billions Dissolve in Thin Air (tags)
While the political class practices faith healing, all the participants know the end is coming when more speculative bubbles burst. The popular dogma that financial markets and the world economy are more efficient when deregulated and liberalized is over.
Beware of Falling Bankers! (tags)
Like the car, our sacred cow that is not discussed, speculation and prosperity based on credit are taboo subjects. The system is corrupt and its answers wrong. Will we mend our own pockets as China closes its wallet? Critical thinking, culture shock, alternative economic and Jesus' parables can be new beginnings.
The War on Working Americans - Part II (tags)
Part II of how American workers are losing out.
Market Efficiency Hokum (tags)
Debunking the myth that free markets work best.
Who Profits From the Crash? (tags)
A criminal corruption on the highest planes is at the heart of the assets transfer. Every few decades, the real owners of the world arrange an economic crisis to steal the assets of the people. The incredible sum of $325 billion was injected into the financial system within a few days.
David Walker, comptroller general, warns of impending crisis (tags)
Learn from the fall of Rome, the US is warned. There were striking similarities between America's current situation and the factors that brought down Rome including declining moral values, an over-confident and over-extended military and fiscal irresponsibility by the central government.
Stock Market Meltdown - First Signs of Global Economic Rout
HELICOPTER BEN UNLEASHES DOLLAR HYPERINFLATION (tags)
Washington DC – August 12, 2007 – By deciding to ante up $38 billion for a hopeless bailout of predatory Wall Street hedge funds and the banks that stand behind them, Federal Reserve Chairman Helicopter Ben Bernanke has placed the bankrupt US dollar on a direct course towards the precipice of hyperinflation.-
A "Slow Motion Train Wreck" (tags)
Financial market turmoil and the Federal Reserve increases it
America: COUNTDOWN to DICTATORSHIP by STEALTH - only 14 days left! (tags)
Bush Outlaws All War Protest In United States Bush Executive Order: Criminalizing the Antiwar Movement http://www.globalresearch.ca/index.php?context=va&aid=6377 Yet there is NOT ONE WORD of this in the MSM or Congress! Why not?
Pluristem Placentas,James D Davidson,Leumi Bank Israel Holocaust Victims,U.S.Stock Fraud (tags)
Below is a link to and quote from James Dale Davidson and his newsmax.con's spamming for the illegal Israeli-U.S. penny stock pump and dump scam called Pluristem that hopes to get 'oil from placentas' according to the tasteless con artist Davidson.As you will see if you follow the link the Beltway connected James Dale Davidson received 20 million of the Israeli scamsters' U.S. penny stock shares. If, for instance, he can keep the price at or above 5 U.S. cents as he sells or 'dumps' his 20 million shares he will make a million dollars or more on this one penny stock fraud alone ! And that can buy more influence in Washington !
Reviewing Michael Parenti's "Democracy For the Few" - by Stephen Lendman (tags)
America's democracy serves only the privileged.
More war ahead to save a criminal president
THE BRITISH EMPIRE RE-CONQUERED AMERICA WITH A BANK AND A BOOK By Charles E. Carlson, July 19, 2005
Ron Paul Introduces Legislation To Abolish The Federal Reserve (tags)
RON PAUL IS THE ONLY AMERICAN IN THE FEDERAL GOVERNMENT....NOTICE THERE ARE NO CO-SPONSORS YET....PLEASE CALL OR WRITE YOUR CONGRESS PEOPLE AND TELL THEM TO GET OFF THEIR ASSES AND FOLLOW UP ON THIS...THE FEDERAL RESERVE IS BEHIND THE WAR AND PRISON INDUSTRIES HERE, THEY ARE RESPONSBLE FOR ALL THE POVERTY, STRIFE, AND LOSS OF PERSONAL LIBERTY....THEY HAVE REWRITTEN ALL THE LAWS HERE BY DEFINING THE USE OF their CURRENCY AS A BENEFIT!!!
US Locomotive Losing Steam (tags)
In 2006 after the crash of the New Economy boom, we are again witnessing irrational excess in the credit system and in the prices of assets and property titles.
Israeli pResident Moshe Katsav's Penny Stock Partner Michael Zwebner loses in U.S. Court (tags)
Even Moshe Katsav's and Michael Zwebners' partner in the UCSY or Universal Communications Systems fraud,Mohamed Hadid with his Saudi Arabian ties,has been protected by the Bush Regime that has covered up the Herndon, Virginia Islamic charities money laundering scandal for him and the Saudis.
OLd Left Radicalism on The Money Issue (tags)
During the 'teens, twenties and 'thirties of the past century, radical political formations in America called for the nationalization of the Federal Reserve System and of Credit.
Freedom to Fascism: Outing the Constitutional Criminals (tags)
The purpose of the personal income tax is to redistribute wealth upward and to control the civil society. The purpose of the Federal Reserve is to redistribute the wealth upward and to control the civil society. The receivers of the redistributed wealth and the controllers of the society are the private owners of the Federal Reserve -- not the government.
bush Regime & Illegals : Arm In Arm They Pulled A Coup (tags)
los angeles mods are racist spic pieces of shit
A Review of Chalmers Johnson's Nemesis (tags)
A review of how the US is passing from a republic to tyranny
The Big Meltdown: PAUL KRUGMAN - Financial Crisis; Democrats seek more war funds than Bush (tags)
KRUGMAN: If we’re going to have a financial crisis, here’s how it will play out. THE COMPLETE ARTICLE AND MORE
Outing the Constitutional Criminals (tags)
The purpose of the personal income tax is to redistribute wealth upward and to control the civil society. The purpose of the Federal Reserve is to redistribute the wealth upward and to control the civil society. The receivers of the redistributed wealth and the controllers of the society are the private owners of the Federal Reserve -- not the government.
The End of the Bush Dynasty (tags)
How George Bush hastened the demise of the Bush family political dynasty.
THE PRICE OF IMPERIAL ARROGANCE (tags)
THE HARM AT HOME AND ABROAD OF BUSH ADMINISTRATION POLICY
Economist Milton Friedman dies at 94 (tags)
Milton Friedman, the Nobel Prize-winning economist who advocated an unfettered free market and had the ear of three U.S. presidents, died Thursday at age 94.
Fear of the Working Class At Home And Internationally Stirs Some Debate Among the Bankers (tags)
There is growing concern among sections of the capitalist class that the rising opposition to their global offensive and the market will get out of control.
THE SHAME OF THE NATION: A COLLECTIVE PERVERSION (tags)
THE COLLECTIVE PERVERSION OF THOSE IN HIGH PLACES IN THE US
Kenneth Lay's conviction erased from record (tags)
Kenneth Lay's conviction erased from record
...
IMperialism 101 - The US Addiction to War, Mayhem and Madness - Part II (tags)
HOW THE US PURSUES ITS IMPERIAL AGENDA
Chomsky Fears 9/11 Debate (tags)
When questioned about his stance on the 9/11 issue, Chomsky timidly regurgitates the official line by saying that the version we are force-fed by the mainstream media is "pretty much what happened. He claims that he hasn't seen any "credible evidence" to suggest otherwise.
FOR IMMEDIATE RELEASE! Know Your Bank Dick: The Federal Reserve Without Walls (tags)
Hezbollah, the armed political party in Lebanon, is now handing out fresh U.S. $100 Denomination Currency Notes all over Lebanon. Item - This U.S. Currency comes from Iraq as reported by Cloak and Dagger over a year ago.
Permanent Goodbye to US (tags)
"Sometimes you get your best light from a burning bridge" - Don Henley, "My Thanksgiving" CARACAS - It was about a week before I left the United States forever that I watched Robert F. Kennedy, Jr. tell Charlie Rose something all of us already know in our hearts. "Today," he said, "the United States is hated around the world far worse than it was at the height of the Vietnam War." I remember the Vietnam War. I will never forget it.
Ron Paul the only congressman who gets it! (tags)
In his legislative fantasies, the amiable Texas congressman would do away with the CIA and Federal Reserve. He would reinstate the gold standard. He would get rid of the Education Department and leave schooling to local governments because he believes that's what the Constitution intended.
The Second American Revolution : Capitalism, Proverbs and Parables (tags)
I will speak to them in parables (sound bites). I will reveal to them mysteries and the secret things which have been kept hidden from them for long ages past. A revolution is a propaganda war and it the decisive battles are not fought with guns.
DIRTY SECRETS OF THE TEMPLE (tags)
HOW THE US FEDERAL RESERVE HAS ABUSED THE PUBLIC SINCE INCEPTION
DIRTY SECRETS OF THE TEMPLE (tags)
AN ACCOUNT OF HOW THE US FEDERAL RESERVE HAS ABUSED THE PUBLIC SINCE INCEPTION
Iran War for Dollar Hegemony (tags)
The run on the US currency has already begun. Preventing the IOB may help explain the extreme aggressiveness of the US toward Iran. Mending our own pockets and recalibrating energy and security policies are more sensible than the Bush doctrine.
Who's Following the Money? (tags)
So where did all those missing billions wind up? Odds are, that money’s back here in the USA, and more than likely in the GOP.
THE THREAT OF DEPLETED URANIUM EXPOSURE (tags)
THE DEADLY EFFECT OF EXPOSURE TO DEPLETED URANIUM
On the Electoral College
futures markets controling America
HOSTILE TAKEOVER - THE CORPORATE CONTROL OF SOCIETY AND HUMAN LIFE (tags)
HOW PREDATORY GIANT CORPORATIONS DESTROY SOCIETY AND PEOPLE
Iran’s Oil Exchange threatens the Greenback (tags)
"The Bush administration will never allow the Iranian government to open an oil exchange (bourse) that trades petroleum in euros. If that were to happen, hundreds of billions of dollars would come flooding back to the United States crushing the greenback and destroying the economy. This is why Bush and Co. are planning to lead the nation to war against Iran. It is straightforward defense of the current global system and the continuing dominance of the reserve currency....."
US-led forces round up whole Iraq village in "security sweep".
America's Glorious Empire of Debt (tags)
Economists have all become like rich notables in the time of Trajan, doing the emperor's work whether they are on his payroll or not.
News Junkie Scott's Blog (3/02/06) (tags)
Death of an Iraqi professor
WHAT THE PRICE OF GOLD MAY BE TELLING US (tags)
A political commentary on why gold prices are rising.
president bush to undergo major testing. (tags)
Millions of american people are starting to notice a very un american president and vice president these days. Every day more and more americans are starting to wonder if these 2 guys are even fit to run our nation anymore. The things they do sometimes seem a little crazy and often illegal. So some of the american people are hoping to find a couple good shrinks and maybe a few good lawyers to see if what they are doing in washington is really legal or illegal, maybe even a little crazy. There is a simple challenge to washington to pass a bill, its a good one, its a simple one, and it's a fair one, lets make it a fast one, say march 23, this will give them several weeks just in case their secrataries are slow typers or they forget how to spell there names or they are slow readers or something you know washington isn't the brightest city in the world and the bill is 1 page. Lets call it bill #4404150555 until they give it an official # Any man women or child that joins the military reserves the right at anytime they feel unable or unwilling to pick up another weapon or harm another person to trade in that gun for a guitar. The government that tought that child how to use that weapon that kills will be responsible to provide teachers to teach that soldier to play an instrument that heals so he may attempt to heal some wounds that he and his brothers may be feeling or creating. We would only do trade with countries that provide their soldiers and citizens the right to decide if and when they to have the right to lay down their guns and persue a life with more meaning and one worth living. Submitted by Jimmy the weed Zender american citizen living in Geneva on the Lake Ohio, maybe Bono would help me submit this:) John Mc Cain, wheres the love for your democracy and military men? Kennedy live up to your good name, help america find real democracy. We all owe them this people, they have all givin their lives so we may have this right, use it, lets do this for them, now! Lets "nickname" this "the bill we can all aford to pay" And if washington don't wanna foot this bill, they better all start hiring lawyers, oh they already are lawyers! Well, they will need more lawyers and they will be paying them out of there own pockets, now they would not like that, would they? this bill is good for america! We will ask some of our brightest stars to both sponser the bill and donate time to teach these young men and ladies to be highly skilled and very creative soldiers for life and healers. And a few big names would make things a lot more encouraging. As believers we must become less killing and more filling if we want to get to drink from the cup of life, God help us all! Now on the streets we call the first part a blood test, on march 23 the results of this test will be in and we will know if he has american blood in him or muslim blood on him, anyone will be able to decide for themselves too cause everyones got brains to decide right? This is a great place to draw the line and see if they want all americans to have the opertunities to be the best people we can be or just to do be un or under edjucated and easily manipulated so we can only keep doing all there dirty works. You know I am starting to woner if that is Christs blood or muslims blood on our hands, and if we don't stop now we may be suprised. Now if he fails the blood tests, we will have due do further testing now the second part we will be testing his brain, if we can find it. This test is known on the streets as the test for dummies it is 10 stupid questions, itis designed for stupid people who can only come up with stupid answers. the results from this test should show us if he has any common sense or in some countries it is called "sanity" left or not, we really need to know. Now if he fails the first 2 tests we better take the 3rd one for him, we will all be tested. And we must vote every republican out of office in november, except the ones who fought for our citizens and soldiers rights and signed the bill and only if they get it passed. This will be "nicknamed" america's blood test, this test will tell us if they sucked all the american blood out of us. And in november you will have our test results too, God help us all, please! Now this test is very real and millions of americans are taking notice. Every day is a test, and every day we are tested, let us pass this one. Hey old man, get out of that rocking chair and do something, and students and children teach your parents well. I know they will be telling you how stupid we are or crazy the plan is but you be the judge, is this test easy? will they pass? sign? or turn their backs on our soldiers and us too, us the people they promised to serve? You know it's not just iraqies and our soldiers dying but also every soldiers parents do, their children, brothers, sisters, and every one of us too look inside, the scars of these wars are in all of us no matter where we live. Demand they pass this bill into law, just the way it is let them add nothing to it and make sure it never expires, and don't let them screw it up. Also this governments been taking all our dollars I think we deserve a little change, don't you? tell them earn the money they take and sign this bill fast. Send letters to washington cnn and everywhere, tell family overseas take the test too and send your answers to Lou Dobbs at cnn.com by july 4 incase we have a lot of empty seats to fill in november it is right around the corner. And be sure and find out what test your person in washington prefers to take we are giving them 3 very easy choices you know 1 Pass this bill now (easiest choice just sign it) or 2 take the test july 4 (anyone who failed the first test) or 3 test us in november, do not underestimate our hunger, you only feed us lots of elephant shit and the whole world is sick of that. Rock and Roll Everyone!
The South is Bled White (tags)
Since the Asian crisis and the 1980s, we have had massive net capital flows from the South to the North. The South is systematically bled white under the present conditions of the world economy.
WILL IRAN BRING REVOLUTION INTO THE USA ? (tags)
Iran’s Oil Exchange Threatens the Greenback by Mike Whitney www.dissidentvoice.org January 24, 2006
Returning Money to the People (tags)
Please share this with those you know who are tired of being a financial slave because they have been duped into accepting a fraud!
The Federal Reserve is Privately owned (tags)
The secret to enslaving a nation.
Learn about the financial fraud that has enslaved you your whole life!
United States Congressional Record, March 17, 1993 Vol. 33, page H-1303
Why is the Federal Government destroying National Security ? (tags)
Federal officials are more responsive to foreign interests than to American citizens ! The President believes in unprotected borders. The Congress aids foreign governments. The Supreme Court evicts private citizens from their property to enrich foreign private profiteers. WHY?
Democrats Versus Republicans - The Illusion Of Democracy
Katrina's Silver Lining (tags)
The costs for the American public, in higher energy costs, higher food bills, economic recession and a burst housing bubble, are the just deserts of decades of self-centered voting habits.
.THE LONDON EXPLOSIONS, THE ROGUE NETWORK, BUSH, AND IRAN (tags)
Washington DC, July 11 – Last week’s London explosions carry the characteristic features of a state-sponsored, false flag, synthetic terror provocation by networks within the British intelligence services MI-5, MI-6, the Home Office, and the Metropolitan Police Special Branch who are favorable to a wider Anglo-American aggressive war in the Middle East, featuring especially an early pre-emptive attack on Iran, with a separate option on North Korea also included.-
Greenspan Foreknowledge of London Bombings ??? (tags)
"Two days before the London subway bombings, Fed-Master Alan Greenspan flushed nearly $40 billion in liquidity into financial markets. The sudden activity was an astonishing departure from the current policy of tightening interest rates to stifle inflation. The Chairman has not explained his erratic behavior, but there’s growing speculation that Greenspan may have had information about the likelihood of terrorist attacks and decided to “preemptively” head-off a run on the markets."
Time to Get Back to Where We Once Belonged (tags)
Forget all the scare tactics about not having enough of a nest egg, about Social Security going bust. We Baby Boomers already know the answer for living well in our old age. We just need to get it together again. --------------
THOSE WHO DISMANTLED OUR CONSTITUTION (tags)
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The G8 conference - a simple primer (tags)
or How to Decode that Harvard and Yale Mumbo Jumbo
Mr. Greenspan and the German Way (tags)
Greenspan's dilemma is that interest rates must rise to reduce the trade deficit ($617B in 2004) and keep foreign investors ($2B a day) though this could burst the real estate bubble and raise consumer prices. US prosperity is a credit-b ased prosperity.
Weak Dollar and Strong Bush: China and US Debts (tags)
To stabilize the value of the dollar, the US needs a daily currency inflow of $1.8 billion.. The budget plan of the White House rests on unrealistic assumptions.. The Bush administration assumes higher revenues by means of the tax cuts.
George Bush is a murderer! (tags)
Lizard loyalist GW Bush and skull and bones homo erect this, is a terrorist and should be shot on site going by the laws and edicts written up since his 911 mass a cure...
Every search for alternatives must question the "great narratives" of the free market, efficiency, competition and entrepreneurship. Economic laws could be analyzed as social constructions and economic models as social models.
A Snow Job on Social Security (tags)
Bush’s stump campaign to sell his divide-and-conquer plan for wrecking Social Security has been a failure. So now he’s sent out his Treasury Secretary to try crying “wolf” in hopes of scaring retirees and workers about the security of the system. It’s WMDs all over again.
Greenspan: Why is Anyone Still Listening to this Partisan Hack? (tags)
He’s a schill for the President, collects full Social Security benefits and a $200,000 salary, stands to collect another $100,000 a year in federal retirement benefits, and he wants to cut your Social Security benefits! Why should anyone listen to a guy with his lousy trackrecord as an economic and stockmarket forecaster anyway?
False Pride of the "Super Outlaw State" (tags)
"Although few Americans realize that their country was the first to commit genocide, ethnic cleansing and use forced death marches, these historical facts didn't escape the Third Reich and Adolph Hitler. He admired the American government for their efficiency"
W. H. O. MURDERED AFRICA (tags)
There is no question mark after the title of this article because the title is not a question. It's a declarative statement.
The deficit can only be lowered by devaluing the dollar at least 20 to 30 percent.. In 1963 the deficit amounted to five percent of econo-mic output. This changed within eight years into a surplus of one percent. Economic growth, tax increases andspending discipline
New World Order 101 (MP3 5 minute speech) - please distribute everywhere! (tags)
This is an important message. Actually it is the biggest untold news story in the history of the world. It is mind blowing, therefore most people won't be able to believe it, although the facts and conclusions are unmistakable. This is the challenge the misinformed masses will ultimately face one way or another.
Criticism of the Social State is Irrational (tags)
"Paul A Samuelson, an important economist of the 20th century, worries about the state of the US economy. He fears falling wages..`We in the US are on the way to a plutocratic democracy. Neither Bush nor Kerry can stop outsourcing'."
The Real Reasons Why Iran is the Next Target (tags)
The Iranians are about to commit an offense far greater than Saddam Hussein's conversion to the euro for his oil exports back in the fall of 2000. In March 2005 Iran is going to start competing with New York's NYMEX and London's IPE with respect to international oil trades - using a euro-based international oil-trading mechanism. Numerous articles have revealed Pentagon planning for operations against Iran in 2005. The publicly stated reasons will be over Iran's nuclear ambitions, but the following unspoken macroeconomic issues explain the Real Reasons regarding the 2nd stage of petrodollar warfare - Iran's upcoming euro-denominated oil Bourse.
US Expert Sees Danger of World Recession (tags)
"The new administration elected in November 2004 must systematically reduce the deficits. Otherwise an inflation threatens. America within the next two years could lead into a recession.."
Cuts to Social Security (tags)
Greenspan warns cuts to Social Security may be “abrupt and painful”
Social Security is Not for Sale (tags)
The market is a tool effective after fundamental political questions are answered: What kind of society do we want? Are education, health care, housing, water and land public goods or privileges?
Greenspan Sounds Alert on Social Security (tags)
THERE WILL BE NONE FOR YOU!! For at least the fourth time this year, Federal Reserve Chairman Alan Greenspan issued his warning that the White House and Congress need to come up quickly with a plan to trim the Social Security and Medicare benefits that 77 million baby boomers are scheduled to receive when they retire.
IRS -- Israeli Revenue Service (tags)
Next time the irs comes visiting for a mandatory handout for israel, shove this in their face, and tell them to go away, or get blown away...
BILLDER FOR PRESIDENT 2004 (tags)
First Draft Declaration Of Write-in Presidential Candidacy of Billder Bill Gallagher Hachita New Mexico, 2004 Presidential Election, United States Of America.
Billder For President 2004 (tags)
First Draft Declaration Of Write-in Presidential Candidacy of Bill Gallagher, 2004 Presidential Election, United States Of America.
Secrets of the Federal Reserve (tags)
the creature of Jekyll Island (mp3 audio, 70 min)
Bush Ties To Royalty Prove Sell-Out Of America (tags)
The bush crime family, under perfect cover as the CIA, has sold America to the world bank, to create a new world odor of which they stink the biggest....
The former head of America's secret political police has three of his sons and their cronies, in and out of state and federal government,in various covert and reputed fraudulent enterprises. Family patriarch, George Herbert Walker Bush, has a lot to answer for, which the oil-soaked monopoly press never seems to question. The elder Bush, as we have demonstrated, together with three of his sons, George W., Jeb, and Neil, have 25 super secret bank accounts worldwide,through which they have laundered tens of BILLIONS of dollars of illicit funds from the dope traffic, from weapons smuggling, and clandestine and illegal gold smuggling overseas. The commissar of the Federal Reserve, Alan Greenspan, we prefer to label him Redspan, through his secret authorization codes, arranged the clandestine wire transfers for the Bush Family.[See our website series, "Greenspan Aids and Bribes Bush" and documents thereto attached.]
NESARA: peace information February 20th – April 9th, 2004 (tags)
“This morning from 7:30 am to 8 am, I shared the good news of NESARA on the ?Healthy Choices? show on KEST Radio 1450 AM in San Francisco”
Wages up for the well-off, but not for others (tags)
The gap between workers in the 90th earning percentile and the 10th has never been wider. Said Ann Owen, economist at Hamilton College (NY) and former Federal Reserve economist (DC), "we can probably project a future growth in inequality."
This is the world that has been pulled down over your eyes to blind you from the truth...
CIA - Faked Terror Machine. (tags)
CIA AGENT MICHAEL MEIRING BLEW HIS OWN LEGS OFF WHILE PLANTING A TERRORIST BOMB American Treasure Hunter Michael Meiring is nearly killed in a fiery explosion in his hotel room in the Philippines! Arrest warrents have been issued for him and California based partners after his escape to USA.
Billions for Bankers--Debts for the People (tags)
In 1901 the national debt of the United States was less than $1 billion. It stayed at less than $1 billion until we got into World War I. Then it jumped to $25 billion.
President Kennedy the Fed and executive order 11110 (tags)
How America has slowly been enslaved by banksters, worthless paper they designed and printed, and a fraud so bold none would suspect it!
The Public Execution of JFK (tags)
Just some of the facts regarding real American history...what a disgusting stench!!
Do the bankers and the politicians need $87 billion for the war, or do they need the war (tags)
WAR, WAR, WAR The fundamental dynamic of the American economy is war. It requires a constant expenditure of Federal Re serve interest-bearing credit to survive, and the best way to accomplish this requirement is war. The taxpayers can always be inspired to support war. It may be said that the public loves war almost as much as the bankers and their office-holding puppets.
Imperial ills: The Great American Problematic: The Youth and Imperial Justification (tags)
Here is but a taste of what the American regime, as nation-state, faces because of its manipulated misdirection into an all encompassing global regime: the American-led corporate global empire -- Imperium in Imperio.
Interesting article from the Asia Times. A different perspective than the usual propaganda from our Wall Street-controlled media.
Chart of who "owns" the Federal Reserve (tags)
Federal Reserve Directors: A Study of Corporate and Banking Influence Published 1976
The Cancun Summit-WTO on the edge of abyss (tags)
WTO
Welcome to the Banana Republic (tags)
New $20 Bills to Become Available in October. See photo at web site.
Timeline of Treason: The Bush Family Connections To The Nazis (tags)
The Bush family has willingly and knowingly associated themselves with Nazis for over 80 years spanning three generations of Bushes. Prescott Bush was Hitler’s banker in America and was referred to by the New York Tribune as Hitler’s angel.
"We celebrate the victory over the recession while several hundred thousand employees are dismissed every month', decried Calif congressman Pete Stark. `It would be almost hilarious if it weren't so sad.'..Employers prefer reducing personnel to save costs.."
Insights to NESARA, Prosperity Programs, and Reality, Important read! (tags)
Insights to NESARA, Prosperity Programs, and Reality, the constitution could be law again!
Unemployment rate at 6.4%. Highest in 9 years. (tags)
In a bleak start to the Fourth of July holiday weekend, the government reported today that the nation's unemployment rate climbed to its highest level in more than nine years during June.
The 9-11 Hoax, the Federal Reserve and the World Bank (tags)
Scientific calculation shows that the amount of time and energy invested by nature to produce one gallon of petroleum converted into kilowatt-hours at the present commercial rates at which electricity is sold amounts to approximately $1 million per gallon....
Democratic Party History: a Revealing Rap Sheet (tags)
A history of the Democratic Party's role in co-opting and diverting independent political movements, while advancing the agenda of the global capitalist police state. This and similar pieces can be found at
The High Cabal's Economic War Against the World (tags)
Money, money power, and the Federal Reserve Swindle/Scam are fundamental to the Bush Junta's operations. They are after all petty and venal people whose primary interests are money and power. "Know the truth and it shall set you free."
The Overthrow Of The American Republic Part 34 (tags)
CLASS STRUCTURE. Because of a brainwashing system of higher and lower education, most ordinary Americans, unlike Europeans, are almost completely blank when it comes to understanding CLASS.
GREENSPAN REPORTEDLY BRIBES AND AIDS BUSH IN GOLD SWINDLES, Part One (tags)
In clandestine meetings, over a period of months, the reportedly genuine documents were turned over to our research and investigation group by government officials clearly in an inside position to possess and confirm such data.
Economic Fascism and Tax Slavery (tags)
"Words mean what I say they mean, Alice," said the Mad Hatter
Webs of Power - Part 2: The Federal Reserve (tags)
The Federal Reserve Bank of America is not a government entity. It is a private corporation with stock owned by shareholders. A majority of these shareholders are not American. The prior paragraph is common knowledge by economists and professors, and can easily be found with minimal research.
The clash between Great Powers ("Old Europe" versus and the Anglo-American military axis) broadly pertains to: 1 Defense and the military-industrial complex, 2. Control over Oil and Gas Reserves, 3. Money and currency systems: clash between the Euro and the Dollar.
The Overthrow Of The American Republic - Part 30 (tags)
Where lie the Buried Bodies?
Gnome$ for peace- How to Stop the Attack (tags)
Boycott the dollars and bring peace to the world. The more people you can persuade to join you in becoming a Gnome for Peace, the better the chance there is of weakening the dollar and the American economy by enough to prevent or limit a war.
A Principled Conservative in Opposition To Bush (tags)
One of the lies the Shills like to promote is that "all GOOD REPUBLICANS" support the Bush Junta's aggressive War of Conquest. This is not true. Here is one of the growing number of PRINCIPLED Conservatives standing to oppose
Petroleum, Weapons of Mass Destruction and Moronic Bureaucrats (tags)
Although Interpol still claims to be "apolitical", it's recently been posting more and more political propaganda, perhaps due to the influence of such wannabe Americans like "NWO" bureaucrat Ronald Kenneth Noble, who worked for the money-laundering "U.S. Treasury" and the Federal Reserve Corporation's Internal Ripoff Service....
The peace protestors inspire hope in a nation that seemed headed for its own destruction.
The Will to Paralysis: The Crisis of Shareholder Capitalism (tags)
Scapegoats or black sheep are used to evade the crisis of the system. Considering matters more exactly would be very appropriate. Are manifestations of corruption and tax evasion normal side-effects of a system fixated on money?
The Real but Unspoken Reasons for the Iraq War (tags)
Although completely suppressed in the U.S. media, the answer to the Iraq enigma is simple yet shocking. The upcoming war in Iraq is actually an OIL CURRENCY war. The Real Reason for this upcoming war is this administration’s goal of preventing further OPEC momentum towards the euro as an oil transaction currency standard. However, in order to pre-empt OPEC, they need to gain geo-strategic control of Iraq along with its 2nd largest proven oil reserves. (This is a long essay)
A Coalition of the Elites (tags)
The extent of this admiistration's deceiving of the public is rather spectacular. I sometimes have the feeling that I don't live in one of the oldest democracies but in the Philippines under a new Marcos. This interview is translated from the German in Der Spiegel
Why the Fed Murdered JFK (tags)
JFK's efforts to prevent "Pax Americana" and Executive Order 11110 would have severely cut into the profits and control of the banking establishment....
did CIA fake terror bombings i philippines? (tags)
remember lavon affair in 1954? Has US done something similar here?
WOODY HARRELSON for PRESIDENT (tags)
The United States does not have a lawfully elected government. "Our" public servants are bribed and blackmailed by transnational corporations that issue so-called "U.S. dollars" out of nothing. "Elections" are fixed by the "Big Boys" (eg: Bilderberg Group) who own "our" money, "our" media and "our" vote-tabulation machinery. Just say NO to FRAUD, and YES to REAL DEMOCRACY....
A Phone call to the Fed... (tags)
How many Americans know about the scam called the FED?? Not enough!
To presume that our lifetime has no value is to presume the legitimacy of slavery. Issuing citizens dividends directly from local treasuries is the most efficient, stable and democratic way to provide equal rights and equal responsibilities....
Debt "SLAVERY" and Mind Control (tags)
The illusion called debt and the clowns of the three ring circus, may they all burn in Hell!!
How many know the truth about the scam called wall street???
As more people realize they have been played for fools by the insiders of the markets, and by many other liars seeking their own slefish interests, it is the perfect time to ask this question...
Are we Federal Children owned by the Government?? (tags)
Your best investment in understanding may be a Black's Law dictionary, then you will understand the fraud that has been sucking away your life since you arrived on this planet!!
Today's Voice :Life in Prison for Stealing 13 Packs of AA Batteries (tags)
The Media tells us what is wrong with the world; Voice4change will tell you what to do about it! Our member organizations are busy organizing, so we want to bring their message to you. Our affiliates are doing great work every day. They need your support…We will be their link to you. Sign on to www.voice4change.org
Imagine America without slavery! It is possible!
NEW WORLD DISORDER WEBLOG - STARNGE AND SUBVERSIVE LINKS (tags)
NEW WORLD ORDER? FUCK THAT!
Culture and Life: Operation Northwoods and the two towers (tags)
The US economy is in deep, deep trouble. It is in fact galloping headlong towards an economic abyss, and it's going to drag the rest of us over the edge with it. In a frantic effort to loosen up the money supply, the US Federal Reserve has cut interest rates "nine times" this year.
Those arguing con criticized the banana's squishy texture, mediocre taste (unless fried in butter), the possibility that stormtroopers will make preemptive arrests of the "terrorists leaders" who carry bananas, and a concern that an excessive reverence for the banana could lean The Revolution backward toward a patriarchal society.
The Federal Reserve is an illicit corporation that is trashing America every day. The act that empowered them, the Fed. Res. Act of 1913 needs to be repealed!!