(ZeroHedge) – It couldn’t have happened to a nicer country. On March 18, with very little pomp and circumstance, president Obama passed the most recent stimulus act, the $17.5 billion Hiring Incentives to Restore Employment Act (H.R. 2487), brilliantly goalseeked by the administration’s millionaire cronies to abbreviate as HIRE. As it was merely the latest in an endless stream of acts destined to expand the government payroll to infinity, nobody cared about it, or actually read it. Because if anyone had read it, the act would have been known as the Capital Controls Act, as one of the lesser, but infinitely more important provisions on page 27, known as Offset Provisions – Subtitle A—Foreign Account Tax Compliance, institutes just that. In brief, the Provision requires that foreign banks not only withhold 30% of all outgoing capital flows (likely remitting the collection promptly back to the US Treasury) but also disclose the full details of non-exempt account-holders to the US and the IRS. And should this provision be deemed illegal by a given foreign nation’s domestic laws (think Switzerland), well the foreign financial institution is required to close the account. It’s the law. If you thought you could move your capital to the non-sequestration safety of non-US financial institutions, sorry you lose – the law now says so. Capital Controls are now here and are now fully enforced by the law.
Let’s parse through the just passed law, which has been mentioned by exactly zero mainstream media outlets.
Here is the default new state of capital outflows: Read More Here
(ZeroHedge) – It couldn’t have happened to a nicer country. On March 18, with very little pomp and circumstance, president Obama passed the most recent stimulus act, the $17.5 billion Hiring Incentives to Restore Employment Act (H.R. 2487), brilliantly goalseeked by the administration’s millionaire cronies to abbreviate as HIRE. As it was merely the latest in an endless stream of acts destined to expand the government payroll to infinity, nobody cared about it, or actually read it. Because if anyone had read it, the act would have been known as the Capital Controls Act, as one of the lesser, but infinitely more important provisions on page 27, known as Offset Provisions – Subtitle A—Foreign Account Tax Compliance, institutes just that. In brief, the Provision requires that foreign banks not only withhold 30% of all outgoing capital flows (likely remitting the collection promptly back to the US Treasury) but also disclose the full details of non-exempt account-holders to the US and the IRS. And should this provision be deemed illegal by a given foreign nation’s domestic laws (think Switzerland), well the foreign financial institution is required to close the account. It’s the law. If you thought you could move your capital to the non-sequestration safety of non-US financial institutions, sorry you lose – the law now says so. Capital Controls are now here and are now fully enforced by the law.
Let’s parse through the just passed law, which has been mentioned by exactly zero mainstream media outlets.
Here is the default new state of capital outflows: Read More Here
(NaturalNews) – Even as America has just been handed a “reformed” health care monopoly, most Americans by now realize that the drugs-and-surgery approach to health care is a failure. Keeping people sick and diseased so that you can pump more profits into the pharmaceutical corporations just doesn’t work to keep any state (or nation) healthy; and in the long run, any state or nation that traps its people in a failed system of pharma-sponsored sick-care is doomed to financial failure. Read the rest of this entry »
News of a bust on nine members of a militia group in Detroit who were planning to “levy war” against the United States and “oppose by force” the nation’s government, should be treated with extreme suspicion, given that every major terror bust in the U.S. in recent years has been contrived. Read the rest of this entry »
(RawStory) – Buried in the landmark health care bill passed by Democrats is $250 million over 5 years for state programs to try to convince young people to wait until marriage for sex.
Proponents of abstinence-only education are thrilled, but there is little evidence this money will be effective in fighting pregnancy or HIV. Read the rest of this entry »
(CNSNews) – Representative Michael Burgess (R-Texas) told CNSNews.com that if the mandate in the health care law requiring individuals to purchase health insurance or be penalized is upheld by the courts, the federal government could mandate anything, such as requiring all Americans to purchase a General Motors car.
On Capitol Hill, CNSNews.com asked Representative Burgess, “The Congressional Budget Office has said that never before in the history of the United States has the federal government mandated that any one buy a specific good or service and, of course, the bill includes the individual mandate. Is there a part of the Constitution that you think gives Congress the authority to mandate individuals to purchase health insurance?”
Representative Burgess, himself a doctor, said, “No, I personally do not, and I think that is exactly right. Never before in the history of this country have we had the ability to coerce American citizens to purchase something and then invoke the Commerce clause after we coerce that purchase.”
(KurtNimmo) – Yet another poll reveals the obvious — large numbers of Americans oppose Obamacare. “A Mason-Dixon poll of Florida voters released over the weekend offers the dose of cold water Democrats may need to temper their expectations on health care’s electoral impact,” writes Politico. – Read the rest of this entry »
(KurtNimmo) – In the wake of the FBI and Homeland Security raid on the Hutaree militia in Michigan over the weekend, the government has released its indictment.
“Nine members of a Lenawee County-based militia group were planning to ‘levy war’ against the United States and ‘oppose by force’ the nation’s government, according to an indictment released this morning in U.S. District Court in Detroit,” reports the Detroit News. “The five-count indictment was unsealed this morning and alleges that between August 2008 and the present, the defendants were attempting to use bombs and other weapons to oppose the U.S. government.” Read the rest of this entry »
(PaulWatson) – Considering the swiftness with which paid propagandists for full body scanners exploited the staged Christmas Day bombing attempt, don’t expect to wait too long before today tragic events in Moscow are pillaged and used to scare people into accepting whatever draconian measures are next in the pipeline. Read the rest of this entry »
(NaturalNews) – Elderly patients being executed with medicines in UK hospitals
Concern is growing that the United Kingdom’s Liverpool Care Pathway, intended to ease the comfort of patients whose death is inevitable, is being misused to railroad elderly patients onto a path toward early death. Read More Here
(NaturalNews) – Leading heart surgeon calls for ban on butter
A British heart surgeon has issued a call for a ban on butter, citing excessive consumption of saturated fats which he believes has rapidly increased the number of heart disease cases in the Great Britain. Dr. Shyam Kolvekar expressed concern that people as young as 30 years old are now getting heart bypass surgery, an issue that he believes could be remedied by switching from butter to margarine or other “healthy” spreads. Read More Here
(NaturalNews) – Pharma Planning to Dump Experimental and Controversial Vaccines in Public Schools
The golden calf of public health was smashed in this recent flu season as many in the United States outright rejected the H1N1 vaccine. Pharmaceutical companies are now holding the bag, as millions of doses of the vaccine are rotting on shelves or being discarded as hazardous waste. Or are they? The manufacturer may find it more cost effective to dump them into the arms of our public school systems. Read More Here
(NaturalNews) – Psych doctor wrote 1,000 prescriptions a week for psychotropic drugs.
The Florida Agency for Health Care Administration (AHCA) is reporting that a Miami psychiatrist has prescribed nearly 14 million pills to Medicaid patients since 2004. According to the report, Fernando Mendez-Villamil wrote about 285,000 prescriptions in just six years with a total taxpayer cost of $43 million. Read More Here
(NaturalNews) – New field of nutrigenomics reveals how what you eat now can prevent future disease
Kansas State University (K-State) researchers have joined a growing number of scientists who say a relatively new medical field known as nutrigenomics could change the future of public health forever. How? By tailoring strategies to prevent diseases before they can happen — diseases that might otherwise be in a person’s future because of his or her genetic makeup. Read More Here
(NYTimes) – F.D.A. Says Millions Got Unapproved Heart Pills
Doctors in the United States wrote more than four million prescriptions last year for nitroglycerin tablets, heart drugs placed under the tongue to reduce the chest pain angina or to stop a heart attack.
But the majority of the drugs sold had not been approved for sale, nor had their safety and effectiveness been vetted, by the Food and Drug Administration. Read More Here
(AOLNews) – New Studies Fan Flames of Corn Syrup Debate
Anyone who’s watched television this year has likely seen well-meaning but clueless high-fructose corn syrup opponents stymied when their down-to-earth friend challenges them about why they’re so opposed to a natural, harmless product.
The TV ads are part of a campaign by the Corn Refiners Association to improve the faltering image of one of America’s favorite sweeteners against claims that it is chemically different from table sugar and linked to rising obesity rates. A new study from Princeton that links high-fructose corn syrup (HFCS) to obesity may give the silent partner a few talking points. Read More Here
(NaturalNews) – Nanoparticles may be able to damage the DNA of cells without ever coming into contact with it, according to a study conducted by researchers from the Bristol Implant Research Center and published in the journal Nature Nanotechnology. Read the rest of this entry »
Much has been said over the past several months leading up to the passage of this new Universal Health Care bill entitled “Affordable Health Care for America Act” (H.R. 3962, H.R. 4872, the Reconciliation Act of 2010). Some of it true, but most of it grossly misleading. I feel it my duty as a conscientious American to chime in on the matter. This piece of legislation and the attending controversy and media frenzy represents the latest installment in a series of tyrannical government devices masquerading as a benevolent government effort to address the artificially inflated need for “universal health care.” Its the same old technique, remixed and served for public consumption.
It is the Hegelian dialectic put in action by the contrived Problem, Reaction, Solution paradigm. For centuries it has been the method by which Governments the world over have been able to institute laws and policies their people would never have allowed otherwise. The formula is simple: First you create – or artificially magnify – a Problem. Then you carefully manage and provide disproportionate media coverage of the people’s Reaction to the problem. Finally, you address this altogether artificial Problem by providing the prepared Solution which is a welcome relief given the frenzied, emotionally charged Reaction that the Problem first incited.
However, in order to see through this sort of mass manipulation, we need not only to understand the history of its use in general, but also to understand our own history as a nation, from where our individual rights derive, the role of government and the source and limits of its power. Read More Here
(RussiaToday) – President Obama has won the healthcare argument in Congress but the nationwide debate still rages. RT talks now to one of the opponents, Congressman Ron Paul. He say the plans provide a right that should not be offered by government. Read the rest of this entry »
‘Data revealed in a string of U.S. lawsuits indicates the drug was promoted by the drug company as a treatment for pain, migraines and bipolar disorder — even though it wasn’t effective in treating these conditions and was actually toxic in certain cases, according to the Therapautics Initiative, an independent drug research group at the University of British Columbia.’
(CBC) – Pharmaceutical giant Pfizer has been ordered to pay $142 million US in damages for fraudulently marketing gabapentin, an anti-seizure drug marketed under the name Neurontin. Read the rest of this entry »
(AP) – White House adviser: World has united against Iran
A top White House adviser says the U.S. is making progress in its efforts to find allies to hold the line on Iran’s nuclear ambitions. Read More Here
(YNet) – Discharged soldiers sue for millions over Anthrax experiment
Dozens of soldiers who took part in experiment in early 1990s aimed at determining efficacy of Anthrax vaccine demand $80,000 each in damages. ‘Physical harm was passed down to our children,’ plaintiff says Read More Here
(GlobalResearch) – The Pentagon is using Haiti as a Training Ground for Afghanistan – Michel Chossudovsky
A recent report in Stars and Stripes reveals the nature of the US military operation in Haiti. Combat units from Iraq and Afghanistan have been deployed in Haiti under the banner of a humanitarian operation. Conversely, Haiti is also being used as a military training ground for forces without in-theater combat experience. Read More Here
(NYTimes) – Imagining an Israeli Strike on Iran
In 1981, Israel destroyed Iraq’s nuclear reactor at Osirak, declaring it could not live with the chance the country would get a nuclear weapons capability. In 2007, it wiped out a North Korean-built reactor in Syria. And the next year, the Israelis secretly asked the Bush administration for the equipment and overflight rights they might need some day to strike Iran’s much better-hidden, better-defended nuclear sites. Read More Here
(EconomicPolicyJournal) – Advanced Conspiracy Theory: Where Are the War Protesters?
Every once and awhile, you will see a post at a blog lamenting that there aren’t any war protesters around the way there were during the Vietnam War. Read More Here
(GlobalResearch) – Even in World War II, the United States did not attempt to assassinate U.S. citizens who went over to the enemy, but that has now changed with President Obama’s overseas contingency operations. Read the rest of this entry »
(PrisonPlanet) – In every Hollywood produced dystopian film one fantasy is certain to appear with deafening familiarly; absolute control. These visions of our future, and indeed humanity’s past, accentuate the authoritarian or totalitarian government enacting some random form of repressive social control. However, if you are seeking out the next big blockbuster dystopia, look no further than the American reality today. As shown by this newscast from FOX6Now, Milwaukee – WITI, we are obediently barreling toward such degeneration of civil freedom. Read the rest of this entry »
(WAPost) – Wa. Post: Citi sale “would amount to a validation of bailout”
Among the banks that rule Wall Street, Citigroup got a bailout that was bigger than the rest. Now the company is about to pay a king’s ransom for its federal rescue. Read More Here
(TalkRadioNews) – Sarkozy Calls For World Economic Regulation – Read More Here
(Fox) – Peter Schiff Discusses The Jobs Bill On Freedom Watch – View Video Here
(GoldSeek) – Gerald Celente – This time they will close Banks & Wall Street – View Video Here
(CNBC) – Video: Jim Rogers – Commodities More Attractive Than Currencies – View Video Here
Marijuana Legalization ~ Grassroots Industry or Corporate Takeover
California state officials have determined that the Regulate, Control and Tax Cannabis Act of 2010 has enough eligible signatures to appear on the November ballot. This ballot measure would allow the possession of 1 ounce of marijuana for personal use by individuals aged 21 and older and the ability to cultivate gardens up to 25 square feet. Currently, possession in California is a misdemeanor that carries a $100 fine. The Act would ban the use in public or around minors.
A no brainer … right … End the insanity of this aspect of the war on drugs, tax it and go on our merry way. Maybe it’s not that simple. Read More Here
(InternationalForecaster) – Credit Crisis, Outrage, Far From Over
Bernanke re-nominated, outrage at banks, insolvency the real state of banks, crime pays when you are at the top, sovereign debt crisis around the world, debt and derivatives products were all just a ponzi scheme, the problem wont go a way when the system is purged, PIMCO Bill Gross warns of inflation, big cutbacks in services… Read More Here
(PrimaPanama) – Disturbing new U.S. law aims to end individual foreign bank accounts – Read More Here
(WashingtonTimes) – KUHNER: Will America break up?
President Obama is splintering America. The passage of Obamacare was a historic victory for liberal governance. Yet, its true cost may be that it triggers the eventual breakup of the country. Read More Here
(CrooksAndLiars) – Too Big To Jail? DoJ: Wall St. Bailout Buds ‘Co-Conspirators’ In Plot To Rip Off State, Local Governments
Municipal bonds are where a lot of the political kickbacks and corrupt deals are typically hidden, so I can’t say I’m surprised. In fact, it’s sort of funny that the governments dealing with these guys apparently thought they could trust them, considering how crooked the business is. Lie down with dogs, rise up with fleas, as the nuns used to say:Read More Here
(AllGov) – Chertoff Joins Defense Firm that Defrauded U.S.
Michael Chertoff, the former homeland security chief who’s not been shy about exploiting terrorist threats for the benefit of his clients, has decided to join a top defense contractor that defrauded the U.S. government. Read More Here
(EconomicPolicyJournal) – Obama’s New Housing Program Is a Huge Gift to Banks
Dean Baker does a great job of explaining what it will do. And, while Baker does imply that the Administration may have been a bit naive in structuring the program this way, I doubt it. Further, you can be sure that Lloyd Blankfein and Jamie Dimon understand exactly what this structure means. Here’s Baker: Read More Here
(SeattleTimes) – Recession’s untold story
It turns out the job of dog-kennel assistant is even less glamorous than it sounds Read More Here
This is the full length 90 min. version of Bill Moyer’s 1987 scathing critique of the criminal subterfuge carried out by the Executive Branch of the United States Government to carry out operations which are clearly contrary to the wishes and values of the American people. The ability to exercise this power with impunity is facilitated by the National Security Act of 1947. The thrust of the exposé is the Iran-Contra arms and drug-running operations which flooded the streets of our nation with crack cocaine. The significance of the documentary is probably greater today in 2007 than it was when it was made. We now have a situation in which these same forces have committed the most egregious terrorist attack on US soil and have declared a fraudulent so-called “War on Terror”. The ruling regime in the US who have conducted the invasions of Afghanistan and Iraq, are now banging the war drum against Iran. We have the PATRIOT act which has stripped us of many of our basic civil rights justified by the terror of 9/11 which is their own doing Read the rest of this entry »
(KurtNimmo) – It probably wasn’t a good idea. A young man who identified himself as a Libertarian and a Ron Paul supporter was brutally attacked after giving Sarah Palin a piece of his mind at a Tea Party Express rally in Mesa, Arizona. The Tea Party Express is a front organization for Republicans who claim they own the Tea Party concept (in fact, they stole it from Libertarians). Read the rest of this entry »
(Rasmussen) – In official Washington, some consider the Tea Party movement a fringe element in society, but voters across the nation feel closer to the Tea Party movement than they do to Congress. Read the rest of this entry »
(March 26) – Video: Alex Covers Marxist Media Demonizing Tea Partiers – Video Link Here
(March 26) – Video: Alex Breaks Down McCain-Graham S.3081 Indefinite Detention & Torture Bill – Video Link Here
(March 27) – Video: Alex Breaks Down Left-Wing Blame Game as Nothing More Than a False Flag
Alex breaks down how the far-left always attack themselves only to blame it on their counter parts, which means it’s only a matter of time before they set-up the American people for a false flag event to usher in full martial law giving the U.N. total control of the USA for good. Video Link Here
(March 27) – Alex Jones Inside CNN Attack Piece
In this important interview attempting to link the Patriot movement and the Tea Parties with “violence”, Alex Jones shows us what goes on behind the scenes of the CNN attack piece apparently set on demonizing tea parties and pro-Constitutional movements as “violent”.
Alex talks with regular guest Bob Chapman. Mr. Chapman publishes The International Forecaster, a newsletter of timely and in-depth coverage on the economy and world economic events. Chapman became a stockbroker in 1960 and retired in 1988. He owned and wrote the Gary Allen Report, which had 30,000 subscribers. From 1976 to present he has spoke and given workshops at over 200 business conferences worldwide, and has been on radio and TV hundreds of times. Read the rest of this entry »
(Gata) – London metals trader Andrew Maguire, who warned an investigator for the U.S. Commodity Futures Trading Commission in advance about a gold and silver market manipulation to be undertaken by traders for JPMorgan Chase in February and whose whistleblowing was publicized by GATA at Thursday’s CFTC hearing on metals futures trading — http://www.gata.org/node/8466 — was injured along with his wife the next day when their car was struck by a hit-and-run driver in the London area. Read More Here
(LondonTimes) – The outspoken chairman of the UN’s climate change body is to adopt a neutral advisory role and has agreed to stop making statements demanding new taxes and other radical policies on cutting emissions. Read the rest of this entry »
(DailyMail) – Search for survivors of sunken South Korea navy ship as officials ‘rule out’ involvement of the North
Hopes faded this morning for 46 South Korean sailors still missing 12 hours after an explosion sank one of the country’s naval vessels. Read More Here
(BusinessInsider) – The Long, Long History Of False Starts Of War Between South And North Korea
History suggests that this sinking of a South Korean naval vessel off the coast of the country will not be the restart of the Korean conflict. Read More Here
(Reuters) – AT&T Inc (T.N) said on Friday it would record a $1 billion non-cash charge for the current quarter related to the new U.S. health care reform law, as lawmakers called on the company and three other large employers to testify about expected cost hikes. Read the rest of this entry »
(Reuters) – AT&T Inc (T.N) said on Friday it would record a $1 billion non-cash charge for the current quarter related to the new U.S. health care reform law, as lawmakers called on the company and three other large employers to testify about expected cost hikes. Read the rest of this entry »
(KurtNimmo) – Forget all the self-serving diatribes by Republicans about Obamacare. They are for government enforced health care. “Republicans were for President Barack Obama’s requirement that Americans get health insurance before they were against it,” the Associated Press reports this morning. Read the rest of this entry »
The Film Determined to find the law that requires American citizens to pay income tax, producer Aaron Russo (“The Rose,” “Trading Places”) set out on a journey to find the evidence. This film which is neither left, nor right-wing is a startling examination of government. It exposes the systematic erosion of civil liberties in America since 1913 when the Federal Reserve system was fraudulently created. Film Link Here
Paul Grignon’s 47-minute animated presentation of “Money as Debt” tells in very simple and effective graphic terms what money is and how it is being created. It is an entertaining way to get the message out. Film Link Here
The powers of financial capitalism had a far-reaching plan, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole… Their secret is that they have annexed from governments, monarchies, and republics the power to create the world’s money. Film Link Here
Thomas Jefferson and Andrew Jackson understood “The Monster”. But to most Americans today, Federal Reserve is just a name on the dollar bill. They have no idea of what the central bank does to the economy, or to their own economic lives; of how and why it was founded and operates; or of the sound money and banking that could end the statism, inflation, and business cycles that the Fed generates. Film Link Here
In America’s earliest days, there were barn-raising parties in which neighbors helped each other build up their farms. Today, in some churches, there are debt liquidation revivals in which parishioners chip in to free each other from growing credit card debts that are driving American families to bankruptcy and desperation. IN DEBT WE TRUST is the latest film from Danny Schechter, “The News Dissector,” director of the internationally distributed and award-winning WMD (Weapons of Mass Deception), an expose of the media’s role in the Iraq War. The Emmy-winning former ABC News and CNN producer’s new hard-hitting documentary investigates why so many Americans are being strangled by debt. Film Link Here
Fall Of The Republic documents how an offshore corporate cartel is bankrupting the US economy by design. Leaders are now declaring that world government has arrived and that the dollar will be replaced by a new global currency. Film Link Here
“The power of the Executive to cast a man into prison without formulating any charge known to the law, and particularly to deny him the judgment of his peers, is in the highest degree odious and is the foundation of all totalitarian government whether Nazi or Communist.” – Winston Churchill, Nov. 21, 1943
(SFGate) – Flashback – Since 9/11, and seemingly without the notice of most Americans, the federal government has assumed the authority to institute martial law, arrest a wide swath of dissidents (citizen and noncitizen alike), and detain people without legal or constitutional recourse in the event of “an emergency influx of immigrants in the U.S., or to support the rapid development of new programs.” Read the rest of this entry »
(MSNBC) – Ron Paul was interviewed on MSNBC’s Morning Joe this morning. The Congressman believes that Obamacare will benefit Republicans in the 2010 midterm elections only because many voters have already forgotten how bad Republicans were when they were in power. The next generation of independent-minded individuals realize that both parties are basically the same and that the ideas of liberty need to influence the people and the two parties from the ground up. Read the rest of this entry »
The latest housing initiative announced today by the Obama Administration draws the U.S. government and, by proxy, all taxpaying Americans, further into the inescapable quagmire of a devastated real estate market. Read the rest of this entry »
This nearly 3,000 page bill contains, among other things, mandatory requirements for membership in national health care which will be enforced by the IRS. There will be monetary penalties and jail for failure to be enrolled. The IRS is empowered to hire 17,000 new agents to assist in this enforcement. There are legislative moves to repeal the bill and several states attorneys general are filing lawsuits to challenge the constitutionality of the bill. It is not clear if any of the measures will be able to stop the bill.
(InfoClearingHouse) – March 24th of this year was the thirtieth anniversary of the assassination of Oscar Arnulfo Romero, the Roman Catholic archbishop of El Salvador.
His killing drew attention to the murderous rampages of death squads in that nation and throughout Central America as no other slaying had, although hundreds of thousands of civilians were slaughtered in El Salvador, Guatemala, Nicaragua and Honduras before and during the 1980s by paramilitary formations usually led by graduates of the U.S.’s School of the Americas and covertly funded by the same nation’s Central Intelligence Agency. Read the rest of this entry »
2 Minute Video By Anthony Lawson
It must have been realised that the letter to Secretary of State Hillary Clinton, signed by nearly 300 members of the U.S. Congress, affirming their commitment to Israel, would be widely publicised and fall into the hands of that illegal Apartheid State, so the writing and signing of that letter should be considered an act of treason. Read the rest of this entry »
Someone in the real estate industry is whispering in my ear to say……….. that not only are banks going to write down the principal on home mortgages (hey, act like you can’t make your next payment, and you might get a write down), but the federal government is soon to begin making the down payment for new home buyers (likely to be limited to FHA loans – 3.5% down payment requirement – but who knows, might be expanded), essentially spoon feeding the real estate industry back to pretend vigor. Read More Here
(WashingtonTimes) – CBO report: Debt will rise to 90% of GDP
President Obama’s fiscal 2011 budget will generate nearly $10 trillion in cumulative budget deficits over the next 10 years, $1.2 trillion more than the administration projected, and raise the federal debt to 90 percent of the nation’s economic output by 2020, the Congressional Budget Office reported Thursday. Read More Here
(BusinessWeek) – Video: China – Closing for Business?
Western companies are finding themselves shut out as Beijing promotes homegrown rivals View Video Here
(WashingtonsBlog) – Video: Alan Greenspan – The Financial Crisis was Caused by a “Once-in-a-Century” Event – Video Link Here
(DailyReckoning) – Housing Market Recovery: On the Same Schedule as Godot
Not much action in the markets yesterday. The Dow lost 5. Gold gained 4.
So far the markets have not seemed to notice, but there are not one…but two bulls in this china shop.
First, the US government is going broke.
Second, we’re at the beginning of a Great Correction. Read More Here
(HeraldReview) – School groups: Education layoffs may top 20,000
A coalition of Illinois education groups says more than 20,000 teachers and staff could be laid off in the next school year. Read More Here
(MoneyNews) – Central Banks Stashing Away Gold at Brisk Pace
Central banks around the world added 425.4 metric tons of gold to their reserves last year, the biggest increase since 1964, according to the World Gold Council. Read More Here
(CaribbeanNetNews) – Guyana’s president says Caribbean is on the verge of bankruptcy
Guyana’s President Bharrat Jagdeo says the Caribbean is on the verge of bankruptcy as many countries are spending more on servicing external debt than their national revenue and has reiterated his call for urgent debt relief by the international financial institutions (IFIs). Read More Here
(RussiaToday) – Video: Engdahl – Wall Street Pulled Greek Plug to Distract From Dollar Disaster
(MailOnline) – Britain faces losing power over its own Budget under new plans for an ‘economic Government of the EU’
Britain could be forced to have its Budget signed off by European leaders under plans to impose an ‘economic government of the EU’, it emerged yesterday. Read More Here
What if It Was All Just a Big Bubble?
One of the things that many people go through their entire lives without ever realizing is that conditions haven’t always been the way they remember them to be. Due to the length of a typical lifetime and the number of those years that individuals are productive, it’s reasonable to think that someone in their mid-60s could retire today and look back at the last 40 years only to conclude that what they just experienced was normal.
But, what if the last 40 years were anything but normal?
What if, in the world of finance and economics, it was all just a big bubble? Read More Here
(Truthout) – Last August, Travis Bishop refused to serve in Afghanistan. Having filed for Conscientious Objector (CO) status, Bishop, based at Fort Hood, Texas, in the US Army’s 57th Expeditionary Signal Battalion, was court-martialed and sentenced to 12 months in a military brig. He was released from the brig today. Read the rest of this entry »
DC’s most experienced journalist says Obama lost credibility when he dodged question on Israeli nukes
In part one of his interview with Helen Thomas, longest-serving member of the White House Press Corps, Paul Jay asks her about her first question for President Obama. The question, asking President Obama to name all the countries in the Middle-East that have nuclear weapons, was avoided by the President, who claimed to not want to “speculate”. Thomas claims that knowledge of Israeli nukes is very public in DC and Obama’s answer shows a lack of credibility. She explains the importance of this question for U.S. policy in the region. Finally, she confides that she has not been called on by the President since that day, but that if she does, she will ask him whether or not he has found any more information about nukes in the Middle-East since their last encounter. Read the rest of this entry »
(InformationClearingHouse) – Here in the States when someone mentions “UI,” most of us think of Unemployment Insurance, but not former UK prime minister Tony Blair.
Late last week came word of a major scandal from the UK Daily Mail. In the three years since he stepped down as prime minister, Blair pocketed more than $30 million in oil revenues from his secret dealings with a South Korean oil consortium, UI Energy Corporation. Despite all his best efforts to keep his connection to UI secret, word is spreading like wildfire throughout the U.K. Read the rest of this entry »
(RawStory) – CIA Paper Reveals Plans to Manipulate European Opinion on Afghanistan
‘Out-of-the-box’ CIA think tank proposes concerns over women’s rights, fear of terrorism as ways to boost support for Afghan war Read More Here
An Unaccustomed Truth: American Commander Admits Afghan Atrocities
One can only assume that the regular editors of the New York Times were all out at a party, or left early for a weekend in the Hamptons, or something — but somehow, the paper published a front webpage story that stated — without the usual thousand excuses and extenuations — that American troops are routinely slaughtering Afghan civilians at checkpoints. What’s more, the story unequivocally ties the civilian killings to the “surge” ordered by the noble Nobel Peace laureate, Barack Obama. Read More Here
(IndiaResource) – New Delhi: In a major development, a High Power Committee established by the state government of Kerala in India has recommended today that Coca-Cola be held liable for Indian Rupees 216 crore (US$ 48 million) for damages caused as a result of the company’s bottling operations in Plachimada. Read the rest of this entry »