Not everyone at the NBC Universal umbrella of networks got the gag order memo about the Sept. 12 march on Washington, D.C. Read the rest of this entry »

(September 10, 2009) – Read the rest of this entry »

The Senate must move legislation to raise the federal debt limit beyond $12.1 trillion by mid-October, a move viewed as necessary despite protests about the record levels of red ink. Read the rest of this entry »

The AP reports (via The Washington Post) that “European countries have stressed the role that excessive payouts to banking executives played in the current crisis by fueling risk-taking, and called for bonuses to be severely curbed”, which doesn’t seem to make sense with a $645+ trillion derivatives bubble. Read the rest of this entry »

Webster describes what the meaning of Jingle Mail as the retail – commercial and real estate market is on the verge of collapse.. Read the rest of this entry »

Commonly-accepted wisdom says that we can inflate our way out of our debt crisis. Read the rest of this entry »

In an interview released today by Digg and the Wall Street Journal, Treasury Secretary Timothy Geithner was pressured about the growing popular movement to Audit the Fed spearheaded by Texas Congressman Ron Paul. A visibly uncomfortable Geithner attempts to dismiss the question by stating “I’m sure people understand that you want to keep politics out of monetary policy.” Read the rest of this entry »

On Thursday, April 23 2009, Stephen Zarlenga, director of the American Monetary Institute (AMI), delivered two briefings on Capitol Hill on the American Monetary Act that AMI drafted and that may be introduced as legislation during the current congressional session. This single measure has the potential of bringing together the tens of millions of people who have realized it’s our bank-run debt-based monetary system that lies at the center of the financial rot that is destroying our republic and its values. Read the rest of this entry »

Former climate change negotiator for Bill Clinton and Democratic Senator Senator Timothy Wirth admits that the cap and trade proposal is “out of control,” and makes no sense whatsoever. Read the rest of this entry »

A very dangerous thing occurred last Thursday and Friday. The Federal Reserve monetized roughly 40% of the nation’s enormous debt. This means that the Fed printed money to flow into the economy in order to cover over 40% of the debt burden the U.S. now carries. Read the rest of this entry »

Since the time The United States of America was established its independence almost 235 years ago, the way that citizens view their government has changed significantly. Initially the government was intended to serve the people; whereas, in modern times, a large majority of Americans accept the role of government as a force that we have no control over accept once every 4 years when we elect a president. Otherwise, most Americans pass through their everyday lives watching the news and the decisions of their elected officials without making any sort of attempt to influence the actions of their elected officials — who were put in place in order to serve us, the people. Read the rest of this entry »

Tent cities springing up all over America are filling with the homeless unemployed from the worst economy since the 1930s. While Americans live in tents, the Obama government has embarked on a $1 billion crash program to build a mega-embassy in Islamabad, Pakistan, to rival the one the Bush government build in Baghdad, Iraq. Read the rest of this entry »

Read the rest of this entry »

Tent cities springing up all over America are filling with the homeless unemployed from the worst economy since the 1930s. While Americans live in tents, the Obama government has embarked on a $1 billion crash program to build a mega-embassy in Islamabad, Pakistan, to rival the one the Bush government built in Baghdad, Iraq. Read the rest of this entry »

Yes, I still am on sabbatical, but I just had to interrupt my sojourn with the following observations, which simply cannot wait. Allow me to skip my normal sarcasm and vitriol and simply cut to the chase: Read the rest of this entry »

(ABC) – To get the economy back on track, will President Barack Obama have to break his pledge not to raise taxes on 95 percent of Americans? In a “This Week” exclusive, Treasury Secretary Tim Geithner told me, “We’re going to have to do what’s necessary.” Read the rest of this entry »

Six months since taking the reins, the Barack Obama administration has met its primary objective. It has swiftly ramped up the murderous imperial agenda inherited from Bush-Cheney while the masses, pacified and deceived by the appeal of the Obama image, pay no attention to realities. Read the rest of this entry »

Bioterrorism and infectious disease mouthpiece shifts from government to TV Read the rest of this entry »

However ambitious President Barack Obama’s domestic plans, one unacknowledged issue has the potential to destroy any reform efforts he might launch. Think of it as the 800-pound gorilla in the American living room: our longstanding reliance on imperialism and militarism in our relations with other countries and the vast, potentially ruinous global empire of bases that goes with it. Read the rest of this entry »

Lyndon LaRouche has issued a pointed warning: The final collapse of the entire global financial system is just months away, and the window is rapidly closing on the last, best opportunity to avert a global plunge into a Dark Age that will make Europe’s plunge in the 14th Century seem mild by comparison. Read the rest of this entry »

Let’s be honest, America is facing the same legal, moral and ethical questions that our Founding generation did, especially regarding the issue of “Who Is Sovereign in the United States.” For our Founders, they fought, bled and died on the principles that no man or government has the right to rule over others contrary to their agreement (i.e. compact, constitution) Read the rest of this entry »

Kremlin reports on the extraordinary meeting held today between President Medvedev and former United States Secretaries of State Henry Kissinger (under Nixon), James Baker (under Bush Sr.), Charles Shultz (under Regan), former United States Defense Secretary William Perry (under Clinton), and former US Senator and top defense expert Sam Nunn, are stating that the Americans are acknowledging for the first time their acceptance of a New Global Order… Read the rest of this entry »

(WSJ) – The Obama administration picked Goldman Sachs Group Inc. Vice Chairman Robert Hormats to be the State Department’s undersecretary for economic, energy and agricultural affairs, the White House announced Friday. Read the rest of this entry »

Connect the dots: Goldman Sachs made $3.44 billion in profit this past quarter, while the US deficit topped $1 trillion for the first time in the nation’s history and appeared to be headed toward doubling that figure before the budget year is out. Read the rest of this entry »

The latest Treasury auction of $19 billion of 10-year notes was at a yield of 3.365%. The bid to cover was 3.28 to 1, the highest ever. This was the third of four sales this week totaling $73 billion. Read the rest of this entry »

You would think that causing the worst financial crisis since the Great Depression might have repercussions. You would think being a major factor in the destruction of around 40 percent of the world’s wealth might get you in trouble. You would think being the cause of the worst housing crisis in history — with millions of people losing their homes because of you — might force a restructuring of how Wall Street does things. Read the rest of this entry »

In my last column I introduced the idea that America’s handling of the financial crisis, and in particular the way it has refused to deal with the banks, is more in keeping with how an “emerging” economy might behave and act. So this week, I will say that America has become a bank-owned state, allowing its banking oligarchs to suffocate the economy so they can survive at any price. Read the rest of this entry »

(Reuters) – Medical device maker Medtronic Inc paid almost $800,000 in consulting fees to a former U.S. Army surgeon accused of fabricating a key study, according to published reports. Read the rest of this entry »

U.S. Treasury Secretary Timothy Geithner said on Thursday that the Federal Reserve is best suited to become a super regulator to oversee large institutions whose failure could threaten the stability of the entire system. Read the rest of this entry »

Bankers get what they lobbied for, media reports total lack of transparency as “regulation” Read the rest of this entry »

The Obama administration announced Wednesday that it opposed any government-imposed limits on the salary and bonuses of the CEOs and other top officials of major banks that have received trillions of dollars in federal handouts and guarantees over the past eight months. Read the rest of this entry »

There should be absolutely no doubt Glenn Beck is a government disinfo operative tasked with taking down the 9/11 truth and patriot movements. In fact, Fox News — as a primary fount of Operation Mockingbird — is tasked with attacking not only the 9/11 truth movement but the pro-liberty and Constitution movements as well. Read the rest of this entry »

(Bloomberg) – I’ve finally figured out the Obama economic strategy. President Barack Obama and his team have been having so much fun wielding dictatorial power while rescuing “failed” firms, that they have developed a scheme to gain the same power over every business. The plan is to enact policies that are so anticompetitive that every firm needs a bailout. Read the rest of this entry »

1. How much change has Obama brought to America? Read the rest of this entry »

(Paul Craig Roberts) – If a person lives long enough, he can watch everyone forget everything they learned. Everyone includes Federal Reserve Chairmen, economists, Bank of America “strategists,” and even Bloomberg.com. Read the rest of this entry »

(Paul Craig Roberts) – Economic news remains focused on banks and housing, while the threat mounts to the US dollar from massive federal budget deficits in fiscal years 2009 and 2010. Read the rest of this entry »

“How about water-boarding for Tim Geithner and Hank Paulson” – Max Read the rest of this entry »

(Raw Story) – It doesn’t take a rocket scientist to deduce that the banking and financial services industry has an outsized influence in Congress. Read the rest of this entry »

Collapsing home prices and credit markets continue to put downward pressure on consumer spending, forcing the Federal Reserve to take even more radical action to revive the economy. Read the rest of this entry »

In a little more than a decade, Credit Default Swaps (CDS) have ballooned into a multi-billion dollar industry which has changed the fundamental character of the financial system and increased systemic risk by many orders of magnitude. Read the rest of this entry »

When, during the invasion of Iraq, the United States Government issued its famous deck of playing cards with the 52 arch villains of the Iraqi police state, Saddam Hussein’s face adorned the Ace of Spades. If the Obama Administration wanted to engage in a similar public relations campaign for the real estate crisis, the top card should be reserved for Alan Greenspan. Read the rest of this entry »

The US Treasury’s effort to stabilise the banking system through the TARP programme is a hopelessly ill-conceived policy that enriches speculators at public expense, according to the buy-out firm supposed to be pioneering the joint public-private bank rescues. Read the rest of this entry »

The United States government is planning to revive a bill that will punish China for artificially boosting its trade through “currency manipulation”. Read the rest of this entry »

The kerfuffle about current New York Federal Reserve Bank Chairman Stephen Friedman’s purchase of some Goldman stock while the Fed was involved in reviewing major decisions about Goldman’s future—well-covered by the Wall Street Journal here and here—raises a fundamental question about Wall Street’s corruption. Read the rest of this entry »

The deep economic recession has brought the days of reckoning for Social Security and Medicare much closer, with Medicare’s program for hospital stays already running in the red and Social Security expected to start taking in less cash than it pays out beginning in 2016. Read the rest of this entry »

The financial health of Social Security and Medicare, the government’s two biggest benefit programs, have worsened because of the severe recession, and Medicare is now paying out more than it receives. Read the rest of this entry »

In 1920–21, the United States faced a grave economic crisis, worse than the first year of the Great Depression. Double-digit unemployment and a 21 percent decline in production over the previous twelve months greeted the new president. Read the rest of this entry »

China’s premier didn’t say it in so many words, but the implied warning to Washington was blunt: Don’t devalue the dollar through reckless spending. Read the rest of this entry »

China’s premier didn’t say it in so many words, but the implied warning to Washington was blunt: Don’t devalue the dollar through reckless spending. Read the rest of this entry »

(Bloomberg) – President Barack Obama proposed raising about $190 billion over the next decade by outlawing three offshore tax-avoidance techniques used by U.S. companies such as Caterpillar Inc. and Procter & Gamble Co. He also would make it riskier for Americans to stash money in tax-haven banks. Read the rest of this entry »