(JurriaanMaessen) – David Keith, director of the Institute for Sustainable Energy, Environment and Economy, has proposed releasing engineered nano-sized discs in the earth’s atmosphere to “offset global warming”- and that for just $ 1 billion of your taxpayer-money annually.

“You could manipulate the Earth’s climate at large scale for a cost that’s of the order of $1 billion a year. It sounds like a lot of money, but compared to the costs of managing other environmental problems or climate change, that is peanuts.”, Keith told Nanowerk News. Read the rest of this entry »

(LewRockwell) – The Washington Post has published a splashy exposé about the mammoth “homeland security” intelligence empire that now burdens the United States, financially and ideologically.

As usual, however, there is no real historical context. And that lack of context is part of the story – not just the current dimensions of the empire.

I wrote the following article for Penthouse in the summer of 2003. It was reprinted by CounterPunch later that summer.

At the time I said: “This homeland security boondoggle is the biggest reorganization of the U.S. government in 50 years. It might even bankrupt the country and, perhaps intentionally, throw it into a Depression. That remains to be seen. What is certain is that at a cost of $50 billion in taxpayer’s money, the homeland security infrastructure will provide Bush with 170,000 political cadres, and the internal security he needs to assure the continuity of his political power indefinitely. Except for providing Bush with political internal security, there is no need for the Department of Homeland Security; it is a Trojan Horse through which Bush will unleash his ideological storm troopers and exploit his ill-gotten power to achieve permanent political dominance.” Read the rest of this entry »

(NAUResistance) – “Defence Minister Peter MacKay, Public Works Minister Rona Ambrose, and Industry Minister Tony Clement announce plans to acquire 65 Joint Strike Fighter F-35 aircraft from Lockheed Martin. New Democrat MP Malcolm Allen reacts to the controversial $16-billion contract.” – Sounds Like A Broke Government Up To Their Eyeballs In Debt To Me! Good Thing We Are Giving Up Our Sovereignty To Stop The Global Financial Crisis, Even Better We Are Being Taxed To Death To Help Stop It.. Ahhh.. Whats $16 billion To Keep Our Neighbors To The South, Happy Right? Read the rest of this entry »

(NAUResistance) – “Defence Minister Peter MacKay, Public Works Minister Rona Ambrose, and Industry Minister Tony Clement announce plans to acquire 65 Joint Strike Fighter F-35 aircraft from Lockheed Martin. New Democrat MP Malcolm Allen reacts to the controversial $16-billion contract.” – Sounds Like A Broke Government Up To Their Eyeballs In Debt To Me! Good Thing We Are Giving Up Our Sovereignty To Stop The Global Financial Crisis, Even Better We Are Being Taxed To Death To Help Stop It.. Ahhh.. Whats $16 billion To Keep Our Neighbors To The South, Happy Right? Read the rest of this entry »

(SmirkingChimp) – Is the Depression Coming? Or Is It Here?

The FBI arrests 1,200 Americans for mortgage fraud in the largest crackdown of its kind in history. There is no media focus on the companies that securitized and insured their toxic loans. This white-collar crime sweep is, at best, a one-day story with most of the reports carried by local outlets. Read More Here

(MyBudget360) – Commercial real estate transactions collapse 90 percent from 2007 to 2009. The next taxpayer bailout in the $3.5 trillion CRE market. From $522 billion in sales to $52 billion. CRE market over 4 times the size of the entire credit card market

The massive commercial real estate market is already plaguing the weak balance sheets of banks. It is the case that each Friday, we are likely to see one U.S. bank fail because due to high levels of commercial real estate (CRE) debt on their books. This market is likely to cause the failure of hundreds of banks and put the economy down into another real estate funk. Read More Here

(July 2) – Video: Bill Still – The Secret of OZ / Solutions For a Broken Economy – Alex Jones Tv

Alex talks with Bill Still, the man behind the monetary reform documentary The Secret of Oz(available at the Infowars Store). Still’s previous films include the popular The Money Masters and Capital Crimes. The Secret of Oz won best documentary of 2010 at the Beloit International Film Festival, the Silver Sierra Award for Excellence in Filmmaking at the Yosemite Film Festival, and other prestigious awards. Part 1 Here

(PeopleManagement) – Graduate unemployment rate ‘set to hit 25 per cent’

The UK’s graduate unemployment rate could soar to nearly 25 per cent due to public-sector budget cuts, with newly qualified jobseekers outside of London the worst hit, new forecasts have predicted. Read More Here

(SacBee) – Schwarzenegger orders minimum wage for state workers

The Schwarzenegger administration today ordered State Controller John Chiang to reduce state worker pay for July to the federal minimum allowed by law — $7.25 an hour for most state workers. Read More Here

(LATimes) – Unemployment rate dips as more workers leave labor force

Employment-seekers decline by 652,000 June, which may reflect people giving up on job-hunting and a reluctance to hire. Overall, the jobless rate falls to 9.5% from 9.7%, the Labor Department reports. Read More Here

(DocumentingReality) – Starting in 2011—next year—the W-2 tax form sent by your employer will be increased to show the value of whatever health insurance you are provided – Read More Here

(ElliotWave) – Banks Continued Failure To Realise Commercial Real Estate Losses…

The massive commercial real estate market is already plaguing the weak balance sheets of banks. It is the case that each Friday, we are likely to see one U.S. bank fail because due to high levels of commercial real estate (CRE) debt on their books. This market is likely to cause the failure of hundreds of banks and put the economy down into another real estate funk. Read More Here

(AsiaTimes) – Smell of economic death

I know, alas, that there is nothing that can be done to prevent unimaginable suffering and the collapse of the economy, now that the US Federal Reserve has created so much excess money and credit, and, to make matters infinitely worse, are still doing it, more than ever! Read More Here

(Prairie2) – The Depression with no name

If Europe is serious about austerity this would be bad news for the US in several ways. Read More Here

(Money&Markets) – Double-Dip Recession Warning Signs Everywhere! Batten Down the Hatches!

The bright red warning signs of a double-dip recession are flashing everywhere. And I do mean EVERYWHERE. Read More Here

(BuzzFlash) – Wall Street is a Crime Scene, Not a Financial “Cyclical Aberration”

It’s shocking that more than 20 years after the movies “Wall Street” revealed the underlying corruption of America’s financial center, it is still difficult to get the corporate mainstream media to understand that the economic “collapse” of the last two years was a swindle and not a cyclic aberration. Read More Here

(BeforeItsNews) – House Refuses to Look At the Books – What’s Wrong With You and I Looking At The Fed and how it uses our money?

Since 1913 the actual buying power of the dollar has gone down by 95.6% – You can’t buy a gallon of gas for 8c any more. Read More Here

Climategate

(NYTimes) – Climate Scientist Cleared of Altering Data – Read More Here

(ForeignPolicy) – Whatever It Takes – Why I won’t back down on climate change – John Kerry – Read More Here

(EconomicCollapseBlog) – 50 Random Facts That Make You Wonder What In The World Has Happened To America

Our world is changing at a pace that is so staggering these days that it can be really hard to fully grasp the significance of what we are witnessing.  Hopefully the collection of random facts below will help you to “connect the dots” just a little bit.  On one level, the facts below may not seem related.  However, what they all do have in common is that they show just how much the United States has fundamentally changed.  Do you ever just sit back and wonder what in the world has happened to America?  The truth is that the America that so many of us once loved so much has been shattered into a thousand pieces.  The “land of the free and the home of the brave” has been transformed into a socialized Big Brother nanny state that is oozing with corruption and has accumulated the biggest mountain of debt in the history of the world.  The greatest economic machine that the world has ever seen is falling apart before our very eyes, and even when our politicians actually try to do something right (which is quite rare) the end result is still a bunch of garbage.  For those who still love this land (and there are a lot of us) it is heartbreaking to watch America slowly die.

The following are 50 random facts that show just how dramatically America has changed…. Read the rest of this entry »

See Also: (CP24) – Protesters set fires, smash windows in violent G20 demonstration – Read More Here

(SteveWatson) – Sweeping police powers with no limits, military style checkpoints, LRAD sound cannons, huge makeshift prisons and a taxpayer bill of $1 billion Read the rest of this entry »

(Telegraph) – A team of more than 3,000 “behaviour detection” officers hired to spot terrorists at US airports have failed to catch a single person despite costing the taxpayer $200 million (£140 million) last year. Read the rest of this entry »

(Telegraph) – A team of more than 3,000 “behaviour detection” officers hired to spot terrorists at US airports have failed to catch a single person despite costing the taxpayer $200 million (£140 million) last year. Read the rest of this entry »

(CampaignForLiberty) – If you’re an American taxpayer, you should expect to receive a thank-you note from dole recipients in Greece fairly soon. The reason is that Barack Obama, working with his cohorts at the Federal Reserve, is using your money to bail out the Greek welfare state, thereby enabling dole recipients in Greece to continue receiving their dole.

The problem is that for decades the Greek government has been doing what the U.S. government and many other regimes have been doing: borrowing to the hilt to fund dole payments to welfare recipients. In the hope that Euro officials would not discover how bad things were in Greece, Greek officials were falsifying their financial reports. Unlike the U.S. government which has a Federal Reserve central bank, the Greek government couldn’t simply print up the money to pay off its debts. That’s because it’s part of the Euro zone, where German officials have traditionally opposed such a policy. Read the rest of this entry »

(Boston) – Double dip in housing values continues, despite tax credit/spring bump – Read More Here

(ClarionLedge) – Revenue: April numbers are sobering

Gov. Haley Barbour said last week that April revenue was 8.5 percent below estimates – a $45.1 million shortfall. Read More Here

(SacramentoBizJournal) – State’s revenue below projections for April

California’s controller, John Chiang, said the state’s April cash receipts fell below budget estimates by $3.6 billion, or 26.4 percent. Read More Here

(MinnPost) – 41 percent of metro area single-family homes believed ‘underwater’ – Read More Here

(MaverickBlog) – What Business is Wall Street In ?

My last two posts were designed to stimulate discussion. But lets talk the real problem that regulators, public companies, investor/shareholders and traders face. The problem is that Wall Street doesn’t know what business it is in. Regulators don’t know what the business of Wall Street is. Investor/shareholders don’t know what business Wall Street is in. Read More Here

(WashingtonsBlog) – Challenger Investigation Got $175 Million. Columbia $152 Million. Lewinsky $30 Million. 9/11 $15 Million. Financial Crisis Gets Only $8 Million – Read More Here

(Bloomberg) – Video: Jim Rogers on Greece Bailout, Yuan, Stocks – View Video Here

(NewsMax) – Video: Jim Rogers – Next Recession Will Be Much Worse! – View Video Here

(KurtNimmo) – Video: Obama’s Supreme Pick Kagan Is A Bankster Operative

Democrats are going gaa-gaa over Obama’s Supreme pick Elena Kagan. “Democrats praised Kagan as ‘razor sharp’ and impeccably qualified for the lifetime appointment on the nine-member bench, but Republicans promised to vigorously vet a ’surprising’ choice, noting she had never been a judge,” reports Agence France-Presse. “I have selected a nominee who I believe embodies… excellence, independence, integrity and passion for the law, and who can ultimately provide that same kind of leadership on the court,” Obama said at the White House. View Video Here

(AmpedStatus) – High Frequency Terrorism: How the Big Banks and Federal Reserve Maintained Their Death Grip Over the United States – David DeGraw & Max Keiser – Read More Here

Layoffs:

Dean Foods – 350 to 400
RBS – 2,600
Update: Fort Wayne IN – 300 Teachers to Learn Layoffs Numbers today
City of Costa Mesa – 51 Possible
Town of Mesilla NM – 4
Newark Valley Central School District – 11

(InfoClearingHouse) – Kagan: – Goldman Sachs – Shifting Court to Right?

“A narrow elite is imposing itself through the legal system, and ordinary Americans need to start asserting themselves.”
The Wall Street Journal reports: “The White House said Friday that Elena Kagan’s membership on an advisory panel for the securities firm Goldman Sachs Group Inc. wouldn’t disqualify her for a position on the Supreme Court. … From 2005 to 2008, Ms. Kagan was a paid member of the Research Advisory Council of Goldman Sachs Global Markets Institute, according to financial-disclosure reports she filed after being appointed to her current job. The form shows she was paid $10,000 in 2008, when she was dean of Harvard Law School.” Read More Here

(StraightGoodNews) – Goldman Sachs Set to Plan Sell-Off of Ontario Assets

Huge and controversial banking firm has a history of playing both sides in privatization deals Read More Here

(AmericanEveryman) – The Stock Market “Glitch”: Blackmail by Big Banking?

The White House gets its way again. They get their way on two measures that would have given the people at least a little control of the “too big too fail” banking system. But how they got it, well that might just be the REAL story of the day.
“I mean this really sounds like market manipulation to me. This is outrageous.” Read More Here

(PaulWatson) – Bankers Destroy Global Economy by Design to Consolidate Power

American taxpayers have been freshly liberated of hundreds of billions more dollars as part of the IMF’s new bailout package which is principally going straight to European banks, in addition to the Federal Reserve program to ship U.S. dollars to Europe, in a move that represents little more than a desperate effort to save the Euro and rescue the credibility of economic global governance. Read More Here

(SteveWatson) – Bankers, Economists: Mass Centralization At Heart Of Euro Bailout

Huge Euro rescue is latest step on the road toward a monolithic globalist federal union Read More Here

(AFP) – Fannie Mae seeks new $8.4 billion US bailout to stay afloat – Read More Here

(ZeroHedge) – EURUSD Roll Over Accelerates, Market Playing Catch Up – Tyler Durden

This may very well still turn out to be the shortest and must futile trillion dollar bailout in history yet. Don’t forget it was the EURJPY correlation desks that freaked out on Thursday and drained all NYSE liquidity in stocks.

It will be truly amazing if we get another 1000 point move in the Dow… But not up. Read More Here

(InternationalForecaster) – The latest Greek tragedy And Sovereign Defaults Pose A Great Threat – Bob Chapman

The latest Greek tragedy continues to leave carnage in its wake, crime compounds the debt problems, Problems everyone knew about nobody did anything about, the Sovereign debt bubble is now upon us, and could bring the world financial system down, a situation like the French Revolution in Greece, food stamps at a record high, unemployment and problems of poverty in the US, Read More Here

(NYTimes) – Video: Markets Welcome E.U. Rescue Package

Global markets rallied Monday, reversing the steep declines of recent days, after European leaders agreed to provide a huge rescue package of nearly $1 trillion to combat the debt crisis that has engulfed Europe, and central banks began injecting cash into the financial system. View Video Here

(EconomicCollapseBlog) – Is The Greek Debt Crisis Being Purposely Hyped And Manipulated? – Read More Here

(KurtNimmo) – Banksters Throw a Trillion Bucks Down a Black Hole

The EU apparatchiks are in crisis mode. European Union boss Jose Manuel Barroso told us not to worry, though. They’re on it.
“This morning’s agreement will ensure that any attempt to weaken the stability of the euro will fail,” said Barroso today as the EU threw around a trillion bucks at the cancer spawned by the Greek debt crisis. “We have stated that we will do whatever is necessary to defend the stability of the euro,” he said with an actor’s confidence. Read More Here

(Guardian) – The Greek spirit of resistance turns its guns on the IMF

Years of national denial about looming bankruptcy have turned to resentment as Greece is told how it must tackle its debt crisis Read More Here

(PaulWatson) – American Taxpayers Looted To Bail Out The Euro

American taxpayers have been freshly liberated of hundreds of billions more dollars as part of the IMF’s new bailout package which is principally going straight to European banks, in addition to the Federal Reserve program to ship U.S. dollars to Europe, in a move that represents little more than a desperate effort to save the Euro and rescue the credibility of economic global governance. Read More Here

(ZeroHedge) – The Latest US Taxpayer Bill To Save Europe, And Specifically The French Banks: $57 Billion – Tyler Durden

As the US and its taxpayers represent roughly 20% of total IMF funding, today’s 3% loss in dollar purchasing power to the middle class will cost the middle class $57 billion. Read More Here

(ZeroHedge) – Summary Of The Biggest Bail Out Ever: Even Keynes Is Spinning In His Grave – Tyler Durden

Europe has now followed the Fed in its all in move to prevent the disintegration of the euro and of Europe. As we expected, the EU was leaking various rumors to gauge market interest, and as speculated earlier, the final cost ended up being just short of one trillion. Here are the key summaries: Read More Here

(LondonTelegraph) – British taxpayers ordered to bail out euro

All 27 EU finance ministers have been summoned to Brussels on Sunday to sign up to a “European stabilisation mechanism. Britain will be unable to veto this as it will be put through under the “qualified majority voting” system. Read More Here

(AP) – Federal Reserve opens credit line to Europe

The Federal Reserve late Sunday opened a program to ship U.S. dollars to Europe in a move to head off a broader financial crisis on the continent.

Other central banks, including the Bank of Canada, the Bank of England, the European Central Bank, the Swiss National Bank and the Bank of Japan also are involved in the dollar swap effort. Read More Here

(C4L) – Video: Ron Paul’s Texas Straight Talk – Read the rest of this entry »

(WashingtonsBlog) – Tim Geithner told the Today Show that:

It’s “deeply unfair” that some financial institutions that got taxpayer-paid bailouts are emerging in better shape from the recession than millions of ordinary Americans.

Geithner also argued that President Barack Obama had no choice when confronted with a financial crisis.

“As the president has said, we had to do some very unpopular things,” Geithner said. “People looked at what had happened.”"It’s not fair. It’s deeply unfair,” he said. “He (Obama) had to decide whether he was going to act to fix it or stand back … and that would have been calamitous for the American economy.”

Read the rest of this entry »

(WashingtonsBlog) – Tim Geithner told the Today Show that:

It’s “deeply unfair” that some financial institutions that got taxpayer-paid bailouts are emerging in better shape from the recession than millions of ordinary Americans.

Geithner also argued that President Barack Obama had no choice when confronted with a financial crisis.

“As the president has said, we had to do some very unpopular things,” Geithner said. “People looked at what had happened.”"It’s not fair. It’s deeply unfair,” he said. “He (Obama) had to decide whether he was going to act to fix it or stand back … and that would have been calamitous for the American economy.”

Read the rest of this entry »

(TrueSlant) – Don’t believe the numbers, Obamacare is a financial disaster

Let me see if I got this right. The Obama administration and its congressional allies would like us to believe that the biggest piece of legislation in 45 years, one that will expand medical coverage to 32 million uninsured Americans, that will set up two new huge entitlement programs – health insurance subsidies and long-term health care benefits – is going to cost just $940 billion while reducing the U.S. government’s fiscal deficit by $138 billion?
Sorry, I don’t buy it. Read More Here

(NaturalNews) – Healthy and Uninsured in America – View Video Here

(SteveWatson) – Medical Companies: Taxes In Healthcare Bill Will Kill Jobs, Businesses

Knock on effect will mean more costs for the American people Read More Here

(NYTimes) – Cantor Accuses Democrats of Exploiting Threats

The Congressional clash over threats and vandalism against lawmakers in the aftermath of the health care vote took a new turn Thursday as the No. 2 House Republican accused Democrats of recklessly exploiting the incidents for political gain. Read More Here

(WSJ) – ObamaCare Day One

Companies are already warning about higher health-care costs. Read More Here

(CNSNews) – 12 Taxes in Health Care Law Violate Obama’s Pledge Not to Increase Taxes on Households Earning Less than $250,000

As many as a dozen taxes in the new health care law violate President Barack Obama’s campaign pledge not to raise taxes on families earning less than $250,000 and on individuals earning less than $200,000. Read More Here

(Fox) Video: Judge Napolitano – Health Care and the Constitution with Ron Paul

Can government legally force you to buy insurance? Video Link Here

(JTCoyote’) – The States, and 10th Amendment, will Thwart Obamacare

As I pointed out in an article here a few months ago, there is a specific “lawful” procedure, a specific set of steps that must be followed in order to satisfy lawful service, and peacefully stop unlawful federal mandates including this Obama-care travesty. Read More Here

(MSNBC) – Video: Clyburn: Obamacare Opponents “Aiding And Abetting Terrorism”

Congressman Clyburn accuses opponents of Obamacare of “aiding and abetting terrorism”. – Video Link Here

(CSPAN) – Video: Michele Bachmann – Congratulation Mr President You’re Half Way There! – View Video Here

Video: Ron Paul- Texas Straight Talk- Unconstitutional Healthcare

Ron Paul talks about the newly past Obama care bill. Read the rest of this entry »

(NewsMax) – Without the ingenuity of America’s brightest minds and the investment of U.S. taxpayer dollars, there would be no Internet, as we now know it today. Read the rest of this entry »

(Reuters) – The cost to U.S. taxpayers of the wars in Iraq and Afghanistan since 2001 has topped $1 trillion, and President Barack Obama is expected to request another $33 billion to fund more U.S. troops this year. Read the rest of this entry »

(RussiaToday) – The tax on banks proposed by Washington guarantees Wall Street $US 4 trillion which means top banks will keep playing the same game in the future, economic trend forecaster Gerald Celente warned. Read the rest of this entry »

(ZeroHedge) – Some days ago we wondered aloud at the blank check extended to Fannie and Freddie along with the suspiciously convenient timing of those announcements on Christmas Day.  Back then we wondered if we had been told the entire story.  To wit:

So.  Let us summarize: Read the rest of this entry »

(AlterNet) – Did America slip into a semiliterate, polarized, pre-fascist state over the past decade or so, allowing greedy oligarchs and corporate elites to run the government? Two books I recently read offer reasonably persuasive evidence and arguments that the country did, and a third suggests that dictatorial mindsets could besiege Americans, with an assist from the Internet, if they don’t come to their more deliberative senses. Each of the books offers an informed diagnosis of the dangers that widespread ignorance and ideological polarization pose for American democracy, though none offers a comprehensive treatment for the malaise. Read the rest of this entry »

Looks like the steadily growing list of constitutional, ethical and political outrages that constitute the Harry Reid version of Obamacare is sparking a rebellion in the states, as AP reports South Carolina’s attorney general plans to investigate the vote-buying that surrounded the proposal in the Senate majority leader’s office. Read the rest of this entry »

The Obama administration’s recent declaration on bioweapons would simply be another run-of-the-mill example of our “change” president’s duplicity were it not such an unmitigated disaster. Read the rest of this entry »

The Obama administration’s recent declaration on bioweapons would simply be another run-of-the-mill example of our “change” president’s duplicity were it not such an unmitigated disaster. Read the rest of this entry »

NY Times Bestselling author of Economic Hitman, John Perkins, explains in excerpts from his new book, Hoodwinked: An Economic Hitman Reveals Why the World Financial Markets Imploded—and What We Need to Do to Remake Them, that the US lives under a corporatocracy, with US policy captured to serve corporate profits rather than the public good. Read the rest of this entry »

(Yahoo) – Another one of the nation’s largest lenders has filed for bankruptcy. On the brink for months, CIT filed for Chapter 11 protection on Sunday. Read the rest of this entry »

(Yahoo) – Another one of the nation’s largest lenders has filed for bankruptcy. On the brink for months, CIT filed for Chapter 11 protection on Sunday. Read the rest of this entry »

(WashingtonsBlog) – On September 25th, I wrote:

Paul Volcker and senior Harvard economist Jeffrey Miron both testified to Congress this week that the government is trying to make bailouts for the giant banks permanent. Read the rest of this entry »

(Bloomberg) — In the months leading up to the September 2008 collapse of giant insurer American International Group Inc., Elias Habayeb and his colleagues worked nights and weekends negotiating with banks that had bought $62 billion of credit-default swaps from AIG, according to a person who has worked with Habayeb. Read the rest of this entry »

Oct. 26 (Bloomberg) — Salvatore Calvanese, the treasurer of Springfield, Massachusetts, for four years, had a ready defense for why he risked $14 million of taxpayer money on collateralized-debt obligations laden with subprime mortgages in 2007. Read the rest of this entry »

One of the joys of Halloween is to dress in scary costumes and pretend to frighten others, who pretend to be frightened. But with less than two weeks until an evening of trick-or-treating, it’s possible there won’t be anything scarier than what’s already happened in the country. Read the rest of this entry »

One of the joys of Halloween is to dress in scary costumes and pretend to frighten others, who pretend to be frightened. But with less than two weeks until an evening of trick-or-treating, it’s possible there won’t be anything scarier than what’s already happened in the country. Read the rest of this entry »

Bloomberg reports that Treasury Secretary Timothy Geithner’s closest aides earned millions of dollars a year working for Goldman Sachs, Citigroup and other Wall Street firms. Bloomberg reports that none of these aides faced Senate confirmation. Yet, they are overseeing the handout of hundreds of billions of dollars of taxpayer funds to their former employers. Read the rest of this entry »

(MSNBC) – Dylan Ratigan explains in detail how Goldman Sachs has made a fortune from the taxpayer money they received from their buddies at the Treasury and the Fed and paid absolutely none of it back to the American taxpayers. Read the rest of this entry »

(HuffingtonPost) – How did Goldman, Sachs & Co. — saved a year ago by the US taxpayer — magically make $3 billion in 3 months a year later?
This as the US dollar collapses, unemployment soars and foreclosures hit a record? Read the rest of this entry »

(HuffingtonPost) – How did Goldman, Sachs & Co. — saved a year ago by the US taxpayer — magically make $3 billion in 3 months a year later?
This as the US dollar collapses, unemployment soars and foreclosures hit a record? Read the rest of this entry »

Harvard professor Elizabeth Warren provides a much needed sober perspective of Bernanke’s Doctrine of Mandatory Global Moral Hazard, by discussing just how broken the banking system continues to be. Read the rest of this entry »

Harvard professor Elizabeth Warren provides a much needed sober perspective of Bernanke’s Doctrine of Mandatory Global Moral Hazard, by discussing just how broken the banking system continues to be. Read the rest of this entry »

The battle to reform the American banking system needs to include reimposing the barrier between investment banking and depository banking (Glass-Steagall), pay incentives based on what is best for Americans and not just the top executives, the end of too big to fail, and other changes which are frequently discussed by financial writers. These are vital issues. Read the rest of this entry »

The battle to reform the American banking system needs to include reimposing the barrier between investment banking and depository banking (Glass-Steagall), pay incentives based on what is best for Americans and not just the top executives, the end of too big to fail, and other changes which are frequently discussed by financial writers. These are vital issues. Read the rest of this entry »

Now we know why America’s oligarchs are fighting to keep the rest of us stuck in the world’s worst health care system: the more we die, the more billions Wall Street will earn. Read the rest of this entry »

Now we know why America’s oligarchs are fighting to keep the rest of us stuck in the world’s worst health care system: the more we die, the more billions Wall Street will earn. Read the rest of this entry »

In a new report, Neil Barofsky, the special inspector general for the Troubled Asset Relief Program (SIGTARP), reveals that then-Treasury Secretary Henry Paulson and key federal regulators forced the nation’s nine largest financial institutions to take billions in taxpayer bailout dollars in October 2008, threatening that if the banks refused, the government would take their stock shares anyway. Read the rest of this entry »

Congress and the White House have been busy lately patting themselves on the back for staving off financial armageddon by handing out taxpayer money to Wall Street like it was Halloween candy. But while they’re trumpeting the fact that some financial firms have returned a tiny portion of the trillions of dollars that were given to banks, reality is setting in that Americans will never see that money again and will be paying it off for many, many years to come. Read the rest of this entry »

Alex is joined by Dr. Russell Blaylock to discuss the Real story about Obama’s Health Care that DOES unclude a provision in it, that say’s it will cover all illegal aliens here in america! Read the rest of this entry »

Says westerners should pay climate reparations to poorer countries Read the rest of this entry »

Americans, particularly ones from the middle class, need to realize that there are no core entitlements imparted by their government representatives, nor any other sources. They have none and should adjust their expectations accordingly. Read the rest of this entry »

“By 2005, the Pentagon had already amassed 34 million names and information, on young people, creating the largest repository of information on 16 to 25 year old youth, in the country” says the US military. Read the rest of this entry »