The Scary Danger of Meat (Even for Those Who Don't Eat It)

The government has rolled over once again for Big Meat and we may be in more danger from antibiotic-resistant superbugs. http://www.truth-out.org/scary-danger-meat-even-those-who-dont-eat-it/13...

End Oil and Coal Subsidies, Sanders Tells Rally

Addressing several hundred demonstrators at a Capitol Hill rally on Tuesday, Sen. Bernie Sanders called for an end to tax breaks and other subsidies for the enormously-profitable oil and coal industries. http://www.sanders.senate.gov/newsroom/news/?id=2EED7F94-8DCF-4D31-BD71-...

Uproar after Jewish American newspaper publisher suggests Israel assassinate Barack Obama

NEW YORK - The owner and publisher of the Atlanta Jewish Times, Andrew Adler, has suggested that Israeli Prime Minister Binyamin Netanyahu consider ordering a Mossad hit team to assassinate U.S. President Barack Obama so that his successor will defend Israel against Iran. http://www.haaretz.com/news/international/uproar-after-jewish-american-n...

Privatizing the War on Terror: America’s Military Contractors

America’s troops may be returning home from Iraq, but contrary to President Obama’s assertion that “the tide of war is receding,” we’re far from done paying the costs of war. In fact, at the same time that Obama is reducing the number of troops in Iraq, he’s replacing them with military contractors at far greater expense to the taxpayer and redeploying American troops to other parts of the globe, including Africa, Australia and Israel. http://njtoday.net/2012/01/16/privatizing-the-war-on-terror-americas-mil...

On the Trail of Mortgage Fraud

Queens has been harder hit by foreclosures than any other New York borough, and the Federal Bureau of Investigation believes it has found a culprit. http://www.nytimes.com/2012/01/16/opinion/on-the-trail-of-mortgage-fraud...

Major U.S.-Israel military drill postponed

JERUSALEM — Israel and the United States have agreed to postpone a major military defence exercise scheduled for spring, a senior security official said Sunday, amid rising regional tension over Iran’s nuclear programme. http://www.rawstory.com/rs/2012/01/15/major-u-s-israel-military-drill-po...

Occupy the Neighborhood: How Counties Can Use Land Banks and Eminent Domain

An electronic database called MERS (Mortgage Electronic Registration Systems) has created defects in the chain of title to over half the homes in America. Counties have been cheated out of millions of dollars in recording fees, and their title records are in hopeless disarray. Meanwhile, foreclosed and abandoned homes are blighting neighborhoods. http://www.truth-out.org/occupy-neighborhood/1326472096

Homeland Security monitors journalists

Freedom of speech might allow journalists to get away with a lot in America, but the Department of Homeland Security is on the ready to make sure that the government is keeping dibs on who is saying what. http://rt.com/usa/news/homeland-security-journalists-monitoring-321/

Panetta admits Iran not developing nukes

U.S. Defense Secretary Leon Panetta let slip on Sunday the big open secret that Washington war hawks don’t want widely known: Iran is not developing nuclear weapons. http://www.rawstory.com/rs/2012/01/09/panetta-admits-iran-not-developing...

FBI targeting political activists as terrorists

Anti-terrorism resources are being used to target environmentalists, peace, animal and political activists who hold different views than the government. http://rt.com/usa/news/fbi-political-activists-terrorists/

Aunt Midge Not Dying in Hospice Reveals $14B Market

Janet Stubbs was grateful when the nursing home recommended hospice care for her aunt Midge. Although Stubbs knew her aunt wasn’t dying, the offer of free, Medicare-paid hospice visits from a nurse and chaplain, plus an extra weekly bath, was too good to pass up. http://www.bloomberg.com/news/2011-12-06/hospice-care-revealed-as-14-bil...

Report: Rich-poor gap growing

The gap between the United States’ rich and poor continued to grow last year, according to new government wage data. http://www.politico.com/news/stories/1011/66547.html#ixzz1hleo2UGl

Public Money for Public Purpose: Toward the End of Plutocracy and the Triumph of Democracy

A new year is upon us. And even before its first hour has been rung in, 2012 is already taking shape before us as a pivotal year in global politics. We can all feel the awakening under way. A revived longing for equality, shared prosperity and democratic solidarity is inspiring a vibrant new politics around the world. http://www.nakedcapitalism.com/2011/12/public-money-for-public-purpose-t...

LAPD Tells Occupy LA Protesters to Take Free Speech Class

Occupy LA protesters, who were arrested for exercising their First Amendment free speech rights, are being offered a deal that would allow them to avoid court trials if they pay $355 to a private company for lessons in free speech. http://www.opposingviews.com/i/society/crime/lapd-tells-occupy-la-protes...

Michael Olenick: The Administration Likes Foxes in Charge of Henhouses

“There Goes the Neighborhood,” which ran on 60 Minutes last Sunday, is a must-see piece. Scott Pelley walks through a pillaged house in Cleveland, slated for demolition in a county neighborhood stabilization program. This abandoned house is owned by Structured Asset Investment Trust 2003-BC11. An investor reports lists the property as “in foreclosure” despite no court filing.

A tale of two systems

Dec. 21, 2011 — American autoworkers are constantly told that high-wage work is an unsustainable relic in the face of a hyper-competitive, globalized marketplace. Apostles of neo-liberal economic theory — both in the public and private sectors — have stressed the message that worker adaptation is necessary to survive. http://www.remappingdebate.org/article/tale-two-systems

Special Report: The watchdogs that didn't bark

(Reuters) - Four years after the banking system nearly collapsed from reckless mortgage lending, federal prosecutors have stayed on the sidelines, even as judges around the country are pointing fingers at possible wrongdoing. http://www.reuters.com/article/2011/12/22/us-foreclosures-idUSTRE7BL0MC2...

One Nation, Under Arms

The private papers of the late George F. Kennan, Cold War architect and diplomat extraordinaire, reveal his anguish over the way his famous 1947 warning about Soviet expansionism helped transform the America he loved into one he no longer recognized: a national-security state. http://www.vanityfair.com/politics/2012/01/Todd-Purdum-on-National-Security

SEC sues former Fannie and Freddie execs for fraud

WASHINGTON — The Securities and Exchange Commission announced a dramatic lawsuit on Friday alleging that six former top executives of mortgage finance titans Fannie Mae and Freddie Mac committed fraud by authorizing misleading statements about their balance sheets. http://www.mcclatchydc.com/2011/12/16/133328/sec-sues-former-fannie-and-...

Obama Should Veto Empire Over Republic

Yesterday the U.S. Senate voted 93 to 7 to pass the National Defense Authorization Act (NDAA) for Fiscal Year 2012 which allows the military to operate domestically within the borders of the United States and to possibly (or most probably) detain U.S. citizens without trial. http://readersupportednews.org/opinion2/279-82/8721-obama-should-veto-em...

Suskind's Confidence Men Raises Questions About Obama's Credibility

Barack Obama is heading back onto the campaign trail, running as a champion of the middle class and even hoping to harness the Occupy movement's public anger at Wall Street. http://www.huffingtonpost.com/dan-froomkin/suskinds-confidence-men-r_b_1...

Stewart: U.S. government is ‘world’s dumbest loan shark’

In this segment from last night’s Daily Show, Jon Stewart reacts to the news that the Federal Reserve secretly bailed out U.S. banks to the tune of an interest-free 7.7 trillion dollars, then borrowed the money back from the banks with interest. http://www.rawstory.com/rs/2011/12/02/stewart-u-s-government-is-worlds-d...

Matt Stoller: A Real Third Party? An Anti-Big Bank Republican? Yup.

Like many of you, I had mostly given up on electoral politics. One time I went through a log of Hank Paulson’s phone calls when he was Treasury Secretary, and then Tim Geithner’s phone calls when he was Treasury Secretary. And I realized that both men were talking to essentially the same people, even though they were ostensibly in different parties. When a switch in the party in power does not result in policy changes, there’s little point in electoral politics. http://www.nakedcapitalism.com/2011/12/matt-stoller-a-real-third-party-a...

Massachusetts Announces First Comprehensive Lawsuit Against Major Banks

The Massachusetts Attorney General has announced a major lawsuit against the biggest banks in the foreclosure game, namely Bank of America, JP Morgan, Citigroup, Wells Fargo, GMAC (now Ally) as well as MERS and its parent MERSCorp. http://www.nakedcapitalism.com/2011/12/massachusetts-announces-first-com...

A Banker Speaks, With Regret

If you want to understand why the Occupy movement has found such traction, it helps to listen to a former banker like James Theckston. He fully acknowledges that he and other bankers are mostly responsible for the country’s housing mess. http://www.nytimes.com/2011/12/01/opinion/kristof-a-banker-speaks-with-r...

Senators Demand the Military Lock Up American Citizens in a “Battlefield” They Define as Being Right Outside Your Window

While nearly all Americans head to family and friends to celebrate Thanksgiving, the Senate is gearing up for a vote on Monday or Tuesday that goes to the very heart of who we are as Americans. The Senate will be voting on a bill that will direct American military resources not at an enemy shooting at our military in a war zone, but at American citizens and other civilians far from any battlefield — even people in the United States itself. http://www.aclu.org/blog/national-security/senators-demand-military-lock...

BoA Dumps $75 Trillion In Derivatives On Taxpayers, Super Committee Looks Away

It's real money, especially since "Bank of America Deathwatch" financial pundits have multiplied on the web and it has become a bit of a geek guessing game. When will BoA finally tank? And when it tanks, the question becomes, who will walk away with all their money, and who will be left holding the bag? http://www.opednews.com/articles/BoA-Dumps-75-Trillion-In-by-Ralph-Lopez...

Banksters Plotting A Propaganda Offensive Against Occupy Wall Street

Chris Hayes has acquired a memo from a well-connected group of Washington lobbyists to the American Bankers Association. The memo proposes launching a comprehensive campaign against the Occupy Wall Street (OWS) movement with an $850,000 budget and an intent to “undermine their credibility.” http://www.newscorpse.com/ncWP/?p=5818

Bilderberg Leader Mario Monti Takes Over Italy in “Coup”

Italy’s new Prime Minister Mario Monti (with wife at left), who rose to power in what critics called a “coup d’etat,” is a prominent member of the world elite in the truest sense of the term. In fact, he is a leader in at least two of the most influential cabals in existence today: the secretive Bilderberg Group and David Rockefeller’s Trilateral Commission. http://thenewamerican.com/world-mainmenu-26/europe-mainmenu-35/9802-bild...

Foreclosure Fraud: First Criminal Charges Filed In Nevada Over Robo-Signing

The Nevada attorney general has indicted two midlevel staffers at a mortgage document company, Lender Processing Services, on a whopping 606 counts of felony and gross misdemeanor for directing employees to forge signatures and falsely notarize documents used to illegally foreclose on Nevada homeowners. http://www.huffingtonpost.com/2011/11/17/foreclosure-fraud-nevada-crimin...

"Near Poor" Struggling Just Above Poverty Startle the Census

Washington - They drive cars, but seldom new ones. They earn paychecks, but not big ones. Many own homes. Most pay taxes. Half are married, and nearly half live in the suburbs. None are poor, but many describe themselves as barely scraping by. http://www.truth-out.org/near-poor-struggling-just-above-poverty-startle...

Fake terror plots, paid informants: the tactics of FBI 'entrapment' questioned

Critics say bureau is running a sting operation across America, targeting vulnerable people by luring them into fake terror plots. http://www.guardian.co.uk/world/2011/nov/16/fbi-entrapment-fake-terror-p...

Congress Members Took Part in Insider Trading: Abramoff

As many as a dozen members of Congress and their aides took part in insider trading based on foreknowledge of market moving information on Capitol Hill, disgraced Washington lobbyist Jack Abramoff told CNBC in an interview. http://www.cnbc.com/id/45249857

Fannie Mae taps $7.8 billion from Treasury, loss widens

(Reuters) - Fannie Mae, the biggest source of money for U.S. home loans, on Tuesday said it needed a further $7.8 billion in federal aid to stay afloat as a shaky housing market widened its third-quarter loss to $5.1 billion. http://www.reuters.com/article/2011/11/09/us-usa-housing-fanniemae-idUST...

What the Costumes Reveal

On Friday, the law firm of Steven J. Baum threw a Halloween party. The firm, which is located near Buffalo, is what is commonly referred to as a “foreclosure mill” firm, meaning it represents banks and mortgage servicers as they attempt to foreclose on homeowners and evict them from their homes. http://www.nytimes.com/2011/10/29/opinion/what-the-costumes-reveal.html?...

New Army trucks may cost $350,000 each: GAO

WASHINGTON (MarketWatch) -- The U.S. military’s humvee truck replacement is expected to cost the U.S. around $350,000 each, on average, before tacking on armor and any additional high-tech equipment, according to a Government Accountability Office report released this week. http://www.marketwatch.com/story/new-army-trucks-may-cost-350000-each-ga...

Which Bank Is the Worst?

We look at the country’s four largest—Bank of America, JPMorgan Chase, Citigroup, and Wells Fargo—and throw in Goldman Sachs, a natural target of any protest. Here’s a taste of the deadliest sins committed by the banks, followed by a full account of all the gory details at each bank. Warning: It isn’t pretty http://www.thedailybeast.com/articles/2011/10/25/why-occupy-wall-street-...

Got A Hundred Bucks? Buy A Home (Or Virtually Anything Else) Using 2,000x Non Recourse Leverage

Today's adjustment to the government's HARP program to get anything with a pulse as close to the discount window as possible was not the only proposal to revive the moribund US housing market. According to a new proposal by HUD, beginning this month and continuing for a year, anyone with a just $100 will be allowed to buy a HUD-owned REO home. http://www.zerohedge.com/news/got-hundred-bucks-buy-home-or-virtually-an...

The Verboten Story of Argentina’s Post-Default Economic Success

Even notice nothing is ever said in the mainstream media about Argentina’s economy, save that it had a big default? You’d never know the following about Argentina: From 2002 onward, Argentina grown nearly twice as fast as Brazil, and has sported one of the highest growth rates in the world. Its success is not dependent on a commodities boom It has increased social spending from 10.3% of GDP to 14.2% of GDP Inequality has fallen. Poverty and extreme poverty have fallen by roughly 2/3. http://www.nakedcapitalism.com/2011/10/the-verboten-story-of-argentinas-...

Citigroup settles for $285 million; no Wall Street exec jailed yet

WASHINGTON — Global banking giant Citigroup has agreed to pay $285 million to settle charges that it misled investors about a complex financial instrument tied to the now-crippled housing market, the Securities and Exchange Commission said Wednesday. http://www.mcclatchydc.com/2011/10/19/127742/citigroup-settles-for-285-m...

BofA Said to Split Regulators Over Moving Merrill Derivatives to Bank Unit

Bank of America Corp. (BAC), hit by a credit downgrade last month, has moved derivatives from its Merrill Lynch unit to a subsidiary flush with insured deposits, according to people with direct knowledge of the situation. http://www.bloomberg.com/news/2011-10-18/bofa-said-to-split-regulators-o...

Obama to Create Thousands of Jobs: In Iraq

The U.S. is prepared to spend up to five billion dollars to create more jobs for police officers, paying $100-$150k a year. The Government can't find enough people to take the jobs, and is looking for recruits, no experience necessary, all training provided, right in your hometown. One catch: the jobs are for Iraqis, in Iraq. No Americans need apply. http://www.huffingtonpost.com/peter-van-buren/obama-to-create-thousands_...

The “very scary” Iranian Terror plot

The most difficult challenge in writing about the Iranian Terror Plot unveiled yesterday is to take it seriously enough to analyze it. http://politics.salon.com/2011/10/12/the_very_scary_iranian_terror_plot/...

We fabricated drug charges against innocent people to meet arrest quotas, former detective testifies

A former NYPD narcotics detective snared in a corruption scandal testified it was common practice to fabricate drug charges against innocent people to meet arrest quotas. http://www.nydailynews.com/news/ny_crime/2011/10/13/2011-10-13_excop_we_...

MoveOn.Org and Friends Attempt to Co-Opt Occupy Wall Street Movement

Gandhi once said of growing movements of social protestation, "First they ignore you, then they laugh at you, then they fight you, then you win." The trajectory of the ever-evolving and growing Occupy Wall Street movement follows the same pattern almost to a "T," with slight variation. http://www.truth-out.org/moveonorg-and-friends-attempt-co-opt-occupy-wal...

Government Aims to Build a ‘Data Eye in the Sky’

More than 60 years ago, in his “Foundation” series, the science fiction novelist Isaac Asimov invented a new science — psychohistory — that combined mathematics and psychology to predict the future. Now social scientists are trying to mine the vast resources of the Internet — Web searches and Twitter messages, Facebook and blog posts, the digital location trails generated by billions of cellphones — to do the same thing. http://www.nytimes.com/2011/10/11/science/11predict.html?_r=1&src=dayp

Occupy Wall Street live feed

Computer Virus Hits U.S. Drone Fleet

From Wired.com: A computer virus has infected the cockpits of America’s Predator and Reaper drones, logging pilots’ every keystroke as they remotely fly missions over Afghanistan and other warzones. http://www.wired.com/dangerroom/2011/10/virus-hits-drone-fleet/

Fraud in Corps of Engineers contracting charged

Strip away the shell companies and complex wire transfers, and what federal prosecutors on Tuesday called “one of the most brazen corruption schemes in the history of federal contracting” was really quite simple. http://www.washingtonpost.com/local/fraud-in-corps-of-engineers-contract...

The Top 5 Facts You Should Know About The Wealthiest One Percent Of Americans

As the ongoing occupation of Wall Street by hundreds of protesters enters its third week — and as protests spread to other cities such as Boston and Los Angeles — demonstrators have endorsed a new slogan: “We are the 99 percent.” This slogan refers an economic struggle between 99 percent of Americans and the richest one percent of Americans, who are increasingly accumulating a greater share of the national wealth to the detriment of the middle class. http://thinkprogress.org/economy/2011/10/03/334156/top-five-wealthiest-o...

Foreclosures Are Killing Us

AFTER slowing down in the first half of the year, the rate of homes entering foreclosure is rising again. First-time default notices were served on 78,000 homes in August, a 33 percent increase from July. http://www.nytimes.com/2011/10/03/opinion/foreclosures-are-killing-us.ht...

Limitless Space: Computerized Dataveillance Since 9/11

Hundreds of state, local and federal databases clog our nation's digital infrastructure, collecting, sharing and hoarding inconceivable amounts of information about ordinary people. http://www.truth-out.org/limitless-space-computerized-dataveillance-911/...

Was the BBC victim of a hoax? No, say the Yes Men

"Governments don't rule the world, Goldman Sachs rules the world." That's what a purported London-based independent trader named Alessio Rastani told the BBC on Monday in a jaw-dropping interview that quickly went viral. http://news.yahoo.com/blogs/cutline/bbc-victim-hoax-no-yes-men-154724196...

National Security Lab Hacks Diebold Touch-Screen Voting Machine by Remote Control With $26 in Computer Parts

In Brad Blog: The Vulnerability Assessment Team (VAT) at the U.S. Dept. of Energy's Argonne National Laboratory in Illinois has managed to hack a Diebold Accuvote touch-screen voting machine in what I describe at my exclusive today at Salon as perhaps "one of the most disturbing e-voting machine hacks to date." http://www.bradblog.com/?p=8785

400 MPG… Or Conspiracy Theory?

The mileage of the snarky little gullwing coupe is about five times better than the mileage posted by the best hybrid a major automaker has ever delivered – the 70 mpg Honda Insight (mark I, the small two-seater built back in the early 2000s, not the current model) and makes a new Toyota Prius look like a ’69 Chrysler Newport with two dead cylinders, a slipping transmission and a trunk full of bricks. http://epautos.com/2011/09/18/400-mpg-or-conspiracy-theory/

Special report: Nevada's big bet on secrecy

(Reuters) - Aaron S. Young, Wayne Andre McMiniment and Richard C. Neiswonger share two things in common. Each man built a thriving business that helps people set up shell companies, firms with few real operations, in the state of Nevada. And each had done time in federal prison for a financial felony. http://www.reuters.com/article/2011/09/26/us-shell-games-nevada-idUSTRE7...

Christine Lagarde: IMF may need billions in extra funding

The head of the IMF has warned that its $384bn (£248bn) war chest designed as an emergency bail-out fund is inadequate to deliver the scale of the support required by troubled states. http://www.telegraph.co.uk/finance/financialcrisis/8788223/Christine-Lag...

California Legislature Passes Bill to Study State-owned Bank

AB 750, California's bill to study the feasibility of establishing a state-owned bank that would receive deposits of state funds, has passed both houses of the legislature and is now on the desk of Governor Jerry Brown awaiting his signature. http://www.huffingtonpost.com/ellen-brown/california-state-owned-bank_b_...

U.S. Can’t Track Tons of Weapons-Grade Uranium, Plutonium

“It’s amazing how completely cavalier the Department of Energy has been at tracking this. They’ve got nobody who worries about this on a day-to-day basis,” says Jeffrey Lewis, a nuclear weapons analyst at the Monterey Institute of International Studies (and occasional contributor to this blog). http://www.wired.com/dangerroom/2011/09/uranium-mia/

Suppressing Investigation About The Role Of Saudi Arabia In 9/11

A very important video on The Real News Network about new facts surfacing on the involvement of Saoudi Arabia in 9/11. http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&I...

Commission on Wartime Contracting

This is a report by the Commission on Wartime Contracting that was published in August 2011. Chapter 3 of that report details many of the major problems that were found including fraud and waste. http://www.wartimecontracting.gov/

9/11 and the $5 Trillion Aftermath

The human and emotional costs of 9/11 can never be measured. What price does one put on the nearly 3,000 innocent lives lost, or the hundreds of thousands of soldiers, contractors and civilians who died or were maimed during the decade of war triggered by the suicidal assault on the World Trade Center and Pentagon by 19 Al-Qaeda terrorists, who bore nothing more deadly than box cutters? http://www.thefiscaltimes.com/Articles/2011/09/06/911-and-the-War-on-Ter...

Audio: Chris Christie Lets Loose at Secret Koch Brothers Confab

On the morning of June 26, Chris Christie, New Jersey's flamboyant, tough-talking Republican governor, appeared on NBC's Meet The Press. He then jetted out to Colorado, delivered a keynote speech at Charles and David Koch's ultra-exclusive seminar at the Ritz-Carlton resort near Vail, and returned home the same night, all without breathing a word about his adventure to his constituents. http://motherjones.com/politics/2011/09/audio-chris-christie-koch-brothe...

Members of debt panel have ties to lobbyists

Nearly 100 registered lobbyists used to work for members of the supercommittee, now representing defense companies, health-care conglomerates, Wall Street banks and others with a vested interest in the panel’s outcome, according to a Washington Post analysis of disclosure data. http://www.washingtonpost.com/politics/many-members-of-debt-supercommitt...

Exclusive Audio: Inside the Koch Brothers' Secret Seminar

"We have Saddam Hussein," declared billionaire industrialist Charles Koch, apparently referring to President Barack Obama as he welcomed hundreds of wealthy guests to the latest of the secret fundraising and strategy seminars he and his brother host twice a year. http://motherjones.com/politics/2011/09/exclusive-audio-koch-brothers-se...

50 State Attorney General Effort to Sell Out to Banks Makes Even More Egregious Offer

The so-called 50 state attorney general mortgage settlement negotiations (a bit of a misnomer, since at least 4 attorneys general appear to be out, and various Federal banking regulators are alos party to the deal) are looking more and more like a desperate effort to reach any kind of a deal so as to save the officialdom’s face. http://www.nakedcapitalism.com/2011/09/50-state-attorney-general-effort-...

US Banks Offered Deal Over 'Robosigning' Lawsuits

Big U.S. banks in talks with state prosecutors to settle claims of improper mortgage practices have been offered a deal that is proposed to limit part of their legal liability in return for a multibillion dollar payment. http://www.cnbc.com/id/44403367

The Decline of Manufacturing in America: A Case Study

From Naked Capitalism: One frequent and frustrating line that often crops up in the comments section of this blog is that American labor has no hope, it should just accept Chinese wages, since price is all that matters. That line of thinking is wrongheaded on multiple levels. http://www.nakedcapitalism.com/2011/09/the-decline-of-manufacturing-in-a...

Is the US government spying on Americans?

Two American senators with access to top-secret intelligence raised the alarm in May, suggesting that the invasion of law-abiding Americans’ privacy was being carried out clandestinely - and that people would be shocked if they knew the extent. http://www.aljazeera.com/indepth/features/2011/08/2011830103018962738.html

New York Attorney General Kicked Off Government Group Leading Foreclosure Probe

WASHINGTON -- New York Attorney General Eric Schneiderman on Tuesday was kicked off the committee leading the 50-state task force charged with probing foreclosure abuses and negotiating a possible settlement agreement with the nation's five largest mortgage firms, according to an email reviewed by The Huffington Post. http://www.huffingtonpost.com/2011/08/23/new-york-attorney-general-eric-...

Executive Excess 2011: The Massive CEO Rewards for Tax Dodging

This article is by the Institute For Policy Studies. The whole report can be downloaded using the link at the bottom of the article. Accounting games like "transfer pricing" have sent the corporate share of federal revenues plummeting. In 1945, U.S. corporate income taxes added up to 35 percent of all federal government revenue. This year, corporate income taxes will make up just 9 percent of federal receipts. In 1952, the year Republican President Dwight Eisenhower was elected, the effective income tax rate for corporations was 52.8 percent.

Future consequences of offshore title searching

This article is very interesting in the way that, to explore the risks of offshore title searching, it expands to show what happened to other sectors of the U.S. industry. It gives a profound understanding of how U.S. businesses dug their own grave. If you are not concerned with title search, go to point 5 of the article (it's best, of course, to read the whole article). http://titlesearchblog.com/2011/08/22/future-consequences-of-offshore-ti...

AP Exclusive: Up to $60B in war funds said wasted

WASHINGTON — As much as $60 billion in U.S. funds has been lost to waste and fraud in Iraq and Afghanistan over the past decade through lax oversight of contractors, poor planning and corruption, an independent panel investigating U.S. wartime spending estimates. http://www.krmg.com/ap/ap/us/ap-exclusive-up-to-60b-in-war-funds-said-wa...

Windfalls of war: Pentagon's no-bid contracts triple in 10 years of war

Taxpayer is the loser when Pentagon doesn't require competition among contractors. "The lack of competition is a scandal," says one expert. http://www.iwatchnews.org/2011/08/29/5989/windfalls-war-pentagons-no-bid...

Could the Pentagon Be Responsible for Your Death?

Put what follows in the category of paragraphs no one noticed that should have made the nation’s hair stand on end. This particular paragraph should also have sent chills through the body politic, launched warning flares, and left the people’s representatives in Congress shouting about something other than the debt crisis. http://www.tomdispatch.com/blog/175429/tomgram%3A_engelhardt%2C_the_pent...

AIPAC Pays For 81 US Lawmakers Vacation In Israel

While the US continues to struggle with its economic issues Congress is on vacation. Many are upset at the news reports that 81 members of Congress have chosen to spend a week relaxing in Israel. These vacations are being paid for by AIPAC. Adam Shapiro, an activist, tells us his thoughts on the matter. http://www.informationclearinghouse.info/article28887.htm

The economy is a 'machine', not a 'body'

The sustained financial crisis that the US government now finds itself in was entirely avoidable, according to a paper by Berkeley economist Brad DeLong last year, "Battered but Not and Beaten". The situation in late 2008 was dire, he explained but, he was convinced, "we were going to get out of this with only minor damage to the economy, for we did have (a) the technocratic knowledge, (b) the policy tools, and (c) the political will to escape from the trap". http://www.aljazeera.com/indepth/opinion/2011/08/2011821102242384922.html

Pentagon spending: Just how safe are you?

The killing of Osama bin Laden did not put cuts in national security spending on the table, but the debt-ceiling debate finally did. And mild as those projected cuts might have been, recently minted Secretary of Defense Leon Panetta was already digging in his heels and decrying the modest potential cost-cutting plans as a "doomsday mechanism" for the military. Pentagon allies on Capitol Hill were similarly raising the alarm as they moved forward with this year's even larger military budget. http://www.aljazeera.com/indepth/opinion/2011/08/2011821115810791585.html

The Informants

The FBI has built a massive network of spies to prevent another domestic attack. But are they busting terrorist plots—or leading them? http://motherjones.com/politics/2011/08/fbi-terrorist-informants

Wall Street Aristocracy Got $1.2 Trillion From Fed

The $1.2 trillion peak on Dec. 5, 2008 -- the combined outstanding balance under the seven programs tallied by Bloomberg -- was almost three times the size of the U.S. federal budget deficit that year and more than the total earnings of all federally insured banks in the U.S. for the decade through 2010, according to data compiled by Bloomberg. http://www.bloomberg.com/news/2011-08-21/wall-street-aristocracy-got-1-2...

Moody's managers pressured analysts: ex-staffer

(Reuters) - An ex-Moody's Corp derivatives analyst said the credit-rating agency intimidated and pressured analysts to issue glowing ratings of toxic complex, structured mortgage securities. http://www.reuters.com/article/2011/08/19/us-sec-moodys-idUSTRE77I6C3201...

Goldman Sachs VP Changed His Name, Now Advances Goldman Lobbying Interests As Top Staffer To Darrell Issa

Has Rep. Darrell Issa (R-CA) turned the House Oversight Committee into a bank lobbying firm with the power to subpoena and pressure government regulators? ThinkProgress has found that a Goldman Sachs vice president changed his name, then later went to work for Issa to coordinate his effort to thwart regulations that affect Goldman Sachs’ bottom line. http://thinkprogress.org/politics/2011/08/18/298485/exclusive-goldman-sa...

Army says improperly tested $2.5 billion body armor is safe

(Reuters) - Body armor worth $2.5 billion that the Department of Defense's Inspector General found had been improperly tested poses no hazard to troops, according to the Army. http://www.reuters.com/article/2011/08/17/us-army-body-armor-idUSTRE77G6...

Is the SEC Covering Up Wall Street Crimes?

A whistleblower claims that over the past two decades, the agency has destroyed records of thousands of investigations, whitewashing the files of some of the nation's worst financial criminals. http://www.rollingstone.com/politics/news/is-the-sec-covering-up-wall-st...

The Pentagon's new China war plan

This summer, despite America’s continuing financial crisis, the Pentagon is effectively considering trading two military quagmires for the possibility of a third. Reducing its commitments in Iraq and Afghanistan as it refocuses on Asia, Washington is not so much withdrawing forces from the Persian Gulf as it is redeploying them for a prospective war with its largest creditor, China. http://www.salon.com/news/feature/2011/08/13/sino_us_stephen_glain?sourc...

Arctic sea ice at record low for July

Arctic sea ice extent averaged for July 2011 reached the lowest level for the month in the 1979 to 2011 satellite record, even though the pace of ice loss slowed substantially during the last two weeks of July. Shipping routes in the Arctic have less ice than usual for this time of year, and new data indicate that more of the Arctic's store of its oldest ice disappeared. http://nsidc.org/arcticseaicenews/

AIG sues BofA over $10 billion in mortgage losses

American International Group Inc., the bailed-out insurer, sued Bank of America Corp. over $10 billion in losses on mortgage-bond investments. http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/08/08/BUP81KKPJB.D...

Israelis protest against high cost of living

Thousands of demonstrators poured into the streets of Tel Aviv and other major Israeli cities to protest against the ever increasing cost of living, in a big show of force by the protest movement that is sweeping the country. http://www.aljazeera.com/news/middleeast/2011/08/20118618144421462.html

Standard & Poor's Downgrades US Credit Rating From AAA to AA+

The ratings agency Standard & Poor's has reduced the United States' credit rating from AAA to AA+ with a negative outlook, the company announced late Friday, saying a bipartisan deal to reduce the nation's debt did not go far enough and citing crippling political gridlock. http://abcnews.go.com/Business/us-sees-standard-poors-debt-rating-downgr...

Mysterious company dissolves after giving $1 million to pro-Romney PAC

Did someone create a company for the sole purpose of giving to a political action committee trying to boost Mitt Romney's 2012 presidential campaign? http://news.yahoo.com/blogs/ticket/mysterious-company-dissolves-giving-1...

We Have Obtained a Copy of MTV's Standard Real World Cast-Member Contract

From The Village Voice. This is not politics, but gives a good insight on what you or your kids are watchings on TV. The 30-page spectacular is worth careful scrutiny, but please enjoy the amusingly specific highlights we've summarized below. Happy birthday, MTV! http://blogs.villagevoice.com/runninscared/2011/08/mtv_real_world_contra...

Third Way Document Proves Democratic Party Supports Institutionalized Looting by Banks

It is one thing to suspect that something is rotten in Denmark, quite another to have proof. Ever since Obama appointed his Rubinite economics team, it was blindingly obvious that he was aligning himself with Wall Street. http://www.nakedcapitalism.com/2011/07/third-way-document-proves-democra...

New court filing reveals how the 2004 Ohio presidential election was hacked

A new filing in the King Lincoln Bronzeville v. Blackwell case includes a copy of the Ohio Secretary of State election production system configuration that was in use in Ohio's 2004 presidential election when there was a sudden and unexpected shift in votes for George W. Bush. http://www.freepress.org/departments/display/19/2011/4239

Mass psychosis in the U.S.

How Big Pharma got Americans hooked on anti-psychotic drugs. http://www.aljazeera.com/indepth/opinion/2011/07/20117313948379987.html

Corporate America’s chokehold on wages

If you’re wondering why American consumers are still flat on their backs, rendering the economy similarly supine, the answer is both fundamental and simple: It’s not just that so many of them are unemployed. The ones who are employed are also underpaid. http://www.washingtonpost.com/opinions/corporate-americas-chokehold-on-w...

Audit: Fed gave $16 trillion in emergency loans

The U.S. Federal Reserve gave out $16.1 trillion in emergency loans to U.S. and foreign financial institutions between Dec. 1, 2007 and July 21, 2010, according to figures produced by the government's first-ever audit of the central bank. http://www.rawstory.com/rs/2011/07/21/audit-fed-gave-16-trillion-in-emer...

Through ALEC, Global Corporations Are Scheming to Rewrite YOUR Rights and Boost THEIR Revenue

Through the corporate-funded American Legislative Exchange Council, global corporations and state politicians vote behind closed doors to try to rewrite state laws that govern your rights. These so-called "model bills" reach into almost every area of American life and often directly benefit huge corporations. Through ALEC, corporations have "a VOICE and a VOTE" on specific changes to the law that are then proposed in your state. DO YOU? http://alecexposed.org/wiki/ALEC_Exposed

ALEC Exposed: State Legislative Bills Drafted by Secretive Corporate-Lawmaker Coalition

The group’s membership includes both state lawmakers and corporate executives who gather behind closed doors to discuss and vote on draft legislation. ALEC has come under increasing scrutiny in recent months for its role in crafting bills to attack worker rights, to roll back environmental regulations, privatize education, deregulate major industries, and pass voter ID laws. http://www.democracynow.org/2011/7/15/alec_exposed_state_legislative_bil...

CONGRESS WANTS AUTOMATIC WAGE DEDUCTIONS TO PAY DOWN THE DEBT

On July 6th, just two days ago, at least a dozen busybody Congressmen sponsored the introduction of HR 2411, the “Reduce America’s Debt Now Act of 2011.” They always come up with fantastic names for these pieces of legislation… and rest assured, the better/more patriotic the name, the more ominous the bill. This one follows the pattern. http://www.sovereignman.com/expat/congress-wants-automatic-wage-deductio...

How Wall St Speculation Drives Up Gas Prices

Video and transcript of the video by The Real News Network. http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&I...

Executives' Pay at Big Companies Rose 23 Percent Last Year

A preliminary examination ofexecutive pay in 2010, based on data available as of April 1, found that the paychecks for top American executives were growing again, after shrinking during the 2008-9 recession. http://www.truth-out.org/executives-pay-big-companies-rose-23-percent-la...

Executive Pay

In June 2010, the Federal Reserve, six months into a compensation review of the country’s 28 largest financial companies, found that many of the bonus and incentive programs that economists say contributed to the financial crisis remained in place. And in a report released in July 2010, Kenneth R. Feinberg, President Obama’s special master for executive compensation, said that nearly 80 percent of the $2 billion 2008 bonus pay was unmerited. http://topics.nytimes.com/top/reference/timestopics/subjects/e/executive...

U.S. State Department asks for $6.2 billion budget for Iraq

BAGHDAD — The US ambassador in Baghdad said on Saturday that the State Department has asked for a $6.2 billion budget for Iraq in 2012, underscoring that its oil and gas reserves were critical for the world's future energy needs. http://www.rawstory.com/rs/2011/07/02/u-s-state-department-asks-for-6-2-...

Iceland Declares Independence from International Banks

This is just the latest in the long drama since 2008 of global institutions refusing to take losses in the financial crisis. Threats of a global economic depression and claims of being “too big to fail” have equated to a loaded gun to the heads of representative governments in the U.S. and Europe. Iceland is of particular interest because it did not bail out its banks like Ireland did, or foreign ones like the U.S. did. http://www.informationclearinghouse.info/article28391.htm

Among The Costs Of War: $20B In Air Conditioning

The amount the U.S. military spends annually on air conditioning in Iraq and Afghanistan: $20.2 billion. http://www.npr.org/2011/06/25/137414737/among-the-costs-of-war-20b-in-ai...

While US talks withdrawal, Afghan corruption soars

WASHINGTON - The farmer picking apples in the outskirts of Kabul must pay the Taliban $33 to ship out each truckload of fruit. The governor sends in armed men to chase workers off job sites if the official bribes aren't paid. Poor neighborhoods never get their U.N.-provided wheat, long since sold on the black market. http://www.cnbc.com/id/43533645

JPMorgan to pay $153.6 million in SEC fraud case

Reuters) - JPMorgan Chase & Co agreed to pay $153.6 million to settle U.S. Securities and Exchange Commission charges that it defrauded investors who bought mortgage securities sold just before the nation's housing market collapsed. http://www.reuters.com/article/2011/06/21/us-jpmorgan-sec-settlement-idU...

Chinese officials stole $120 billion, fled mainly to US

Between 16,000 and 18,000 officials and employees of state-owned companies left China with the funds from the mid-1990s up until 2008. http://www.bbc.co.uk/news/world-asia-pacific-13813688

Missing Iraq money may have been stolen, auditors say

A story that died once is strangely coming back in the media. Let's see how long it lasts this time. We covered it on this web site in March of 2008: http://www.organizedpolitics.com/node/25 Several major media have been resurrecting it on and off, but it doesn't seem to be going anywhere. This is not the only time that the DOD cannot account for huge amounts of money. Does anyone notice a pattern? So here it is again: U.S.

Exclusive: The Fed's $600 Billion Stealth Bailout Of Foreign Banks Continues At The Expense Of The Domestic Economy, Or Explaining Where All The QE2 Money Went

Courtesy of the recently declassified Fed discount window documents, we now know that the biggest beneficiaries of the Fed's generosity during the peak of the credit crisis were foreign banks, among which Belgium's Dexia was the most troubled, and thus most lent to, bank. http://www.zerohedge.com/article/exclusive-feds-600-billion-stealth-bail...

Senate report: The Latin American war on drugs has ‘largely failed’

A U.S. Senate subcommittee report this week called into question efforts to curb drug exports from Latin America, suggesting that billions in tax dollars had been wasted in no-bid contracts with no oversight on how the money was being spent or whether efforts were succeeding. http://www.rawstory.com/rs/2011/06/10/senate-report-war-on-drugs-failed/

How Roger Ailes Built the Fox News Fear Factory

In recent years, Ailes has increasingly become a headache for News Corp. http://www.rollingstone.com/politics/news/how-roger-ailes-built-the-fox-...

Why the Rich Love High Unemployment

America's unemployed have been ignored and forgotten, but they are far from superfluous. Over the last two years, out-of-work Americans have played a critical role in helping the richest one percent recover trillions in financial wealth. http://www.truthout.org/why-rich-love-high-unemployment/1305061465

U.S. considers loan guarantees to domestic airlines to buy Boeing 737s

The U.S. government is considering backing narrow-body jet sales to domestic airlines with loan guarantees. It is a break with a long-standing practice forced by increased Canadian competition. http://seattletimes.nwsource.com/html/boeingaerospace/2015109271_cseries...

Mexican Narco-Trafficker’s Revelation Exposes Drug War’s Duplicity

A high-level player with one of the most notorious narco-trafficking organizations in Mexico, the Sinaloa “cartel,” claims that he has been working with the U.S. government for years, according to pleadings filed recently in federal court in Chicago. http://narcosphere.narconews.com/notebook/bill-conroy/2011/04/mexican-na...

Backdoor Bailouts: Banks Play Shell Game With Taxpayer Dollars

The Federal Reserve propped up banks with big infusions of cash during the depths of the financial crisis in 2008 and 2009. Banks that took billions of dollars from the Fed then turned around and loaned money back to the federal government. http://www.truthout.org/backdoor-bailouts-banks-play-shell-game-taxpayer...

Googles Android HTC mobile phone transmits user locations back to the company

The row over the privacy of mobile phone users escalated today as it was revealed that Google devices regularly transmit user locations back to the company. The new revelations come after Apple was this week slammed by several Congress members for the way user locations are being stored in unencrypted databases on the iPhone and iPad, sometimes stretching back several months. http://www.dailymail.co.uk/sciencetech/article-1379597/Privacy-Googles-A...

The scam behind the rise in oil, food prices

The global economy and its recovery, and the living standards of millions of plain folks, are now at risk from the sudden rise in oil and commodity prices. Gas at the pump is up, and going higher. Food prices are following. http://english.aljazeera.net/indepth/opinion/2011/04/2011415143212280315...

Food and the Domination of Finance

Paul Jay, of the Real News Network, interviews Jomo Kwame Sundaram (Jomo K. S.) who has been Assistant Secretary-General for Economic Development in the United Nations Department of Economic and Social Affairs (DESA) since January 2005, and (Honorary) Research Coordinator for the G24 Intergovernmental Group on International Monetary Affairs and Development since December 2006. http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&I...

9 Things The Rich Don't Want You To Know About Taxes

For three decades we have conducted a massive economic experiment, testing a theory known as supply-side economics. The theory goes like this: Lower tax rates will encourage more investment, which in turn will mean more jobs and greater prosperity—so much so that tax revenues will go up, despite lower rates. http://www.wweek.com/portland/article-17350-9_things_the_rich_dont_want_...

The Most Impoverished Countries In The Developed World

Since the mid-1980s, countries like UK, Japan and Israel have seen a steep increase in poverty rates, according to a new OECD report that looks at poverty across its member countries. http://www.businessinsider.com/poorest-oecd-countries-2011-4?op=1

Who Killed The Deep Space Climate Observatory?

Nearly a decade ago, NASA built an Earth-monitoring satellite that could have observed global warming in action. Then the agency stashed it in a warehouse in Maryland, where it remains to this day. http://www.popsci.com/technology/article/2011-03/lost-satellite

The Corporate Conquest of America

Wartime fraud costing American taxpayers 'tens of billions'

A new report shows the US government’s unprecedented use of contractors in Iraq and Afghanistan has allowed them to commit fraud and then get rehired, over and over, letting them continue profiting from a lack of government oversight. http://www.digitaljournal.com/article/304282

Analysis of the Global Insurrection Against Neo-Liberal Economic Domination and the Coming American Rebellion

In previous Revolution Roundups, before we were knocked offline, we featured mass protests by the people of Ireland, Italy, Britain, Austria, Greece, France and Portugal, as the Global Insurrection contagion spread throughout Europe.

Pakistani and Indian Newspapers Say US CIA Contractor Raymond Davis is a Terrorist

Pakistani and Indian newspapers are reporting that Raymond Davis, the CIA contractor in jail in Lahore facing murder charges for the execution-slayings of two young men believed to by Pakistani intelligence operatives, was actually involved in organizing terrorist activities in Pakistan. http://www.truth-out.org/pakistani-and-indian-newspapers-say-us-cia-cont...

Back to the Future With Comcast

Anyone who wonders how federal banking regulators got captured by the financial industry, or how lawmakers got neutered by the insurance companies on the health care bill, or how big money is going to buy the next presidential election, should study the Comcast merger. It is a cautionary tale of things gone awry in Washington, where corporate speech is heard and heeded and the voices of actual citizens are ignored. http://www.truth-out.org/back-future-with-comcast67923

The leaked campaign to attack WikiLeaks and its supporters

The leaked report suggested numerous ways to destroy WikiLeaks, some of them likely illegal -- including planting fake documents with the group and then attacking them when published; "creat[ing] concern over the security" of the site; "cyber attacks against the infrastructure to get data on document submitters"; and a "media campaign to push the radical and reckless nature of wikileaks activities." http://www.salon.com/news/wikileaks/index.html?story=/opinion/greenwald/...

The death of Israeli democracy

As Egyptians demand their freedom, I ask a Muslim in Jaffa if we will see the same in Israel. "I don't think so," he answers. "Even with all the mess here, we have democracy." But, do we? And for how much longer? http://english.aljazeera.net/indepth/features/2011/02/201126123643463123...

Fearing the Reaper (Drone)

In the latest, probably eeriest example of civilian life imitating war, reports indicate that police all over the country want to employ high tech drones to engage in domestic surveillance operations. http://original.antiwar.com/vlahos/2011/01/31/fearing-the-reaper-drone/

Why a robot might one day kill you

In case you still feel complacent about our little mechanical friends consider this: robot technology is currently exploding at a rate 10 million times faster than the evolution of animals. http://www.helium.com/items/2081692-why-a-robot-might-one-day-kill-you

Thousands Converge on Koch Brothers Billionaire’s Caucus; 25 Arrested

Twenty-five protesters were arrested in Rancho Mirage, California today, at a protest in front of the Rancho Las Palmas resort, site of the “Billionaire’s Caucus,” an annual meeting put on by the Koch Brothers and other corporate entities and conservative movement operators. http://news.firedoglake.com/2011/01/30/thousands-converge-on-koch-brothe...

Fear Extreme Islamists in the Arab World? Blame Washington

For decades beginning during the Cold War, US policy in the Islamic world has been aimed at suppressing secular reformist and leftist movements. Beginning with the CIA-engineered coup against a secular democratic reform government in Iran in 1953 (it was about oil), Washington has propped up dictators, coaching these regimes in the black arts of torture and mayhem against secular liberals and the left. http://www.truth-out.org/jeff-cohen-fear-extreme-islamists-arab-world-bl...

January 23 2011: Only 47% of working age Americans have full time jobs

To summarize: 108.616 million people in America are either unemployed, underemployed or "Not in the labor force". This represents 45.5% of working age Americans. If you count the "Part time employed for non-economic reasons", you get 126.8 million Americans who are unemployed, underemployed, working part time or "Not in the labor force". That represents 53% of working age Americans. http://theautomaticearth.blogspot.com/2011/01/january-23-2011-only-47-of...

Viacom Execs Get Big Pay Hikes in 2010

Viacom CEO Philippe Dauman got a $50 million raise in 2010, as his total compensation ballooned to $84.5 million, fueled mainly by big gains in stock options and awards. http://www.multichannel.com/article/462788-Viacom_Execs_Get_Big_Pay_Hike...

Utah's $1.5 billion cyber-security center under way

CAMP WILLIAMS — Today's groundbreaking for a $1.5 billion National Security Agency data center is being billed as important in the short term for construction jobs and important in the long term for Utah's reputation as a technology center. http://www.deseretnews.com/article/705363940/Utahs-15-billion-cyber-secu...

Tea off: India's farmers say climate changing brew

Growers in tropical Assam state, India's main tea growing region, say rising temperatures have led not only to a drop in production but to subtle, unwelcome changes in the flavor of their brews. http://www.msnbc.msn.com/id/40862677/ns/us_news-environment/

Your Apps Are Watching You

Wall Street Journal: Few devices know more personal details about people than the smartphones in their pockets: phone numbers, current location, often the owner's real name—even a unique ID number that can never be changed or turned off. http://online.wsj.com/article/SB1000142405274870469400457602008370357460...

How much does the average American make in 2010?

From MyBudget360: Examining new data on U.S. household income numbers and high income earners. 100 million Americans make less than $39,999 per year. http://www.mybudget360.com/how-much-does-the-average-american-make-in-20...

Something is Rotten: The Strange Case of Interpol's Red Alert on Assange, and the US Attack on WikiLeaks

By Dave Lindorff, Truth-Out: Far be it from me to minimize the issue of rape, but to borrow from the Bard, in the case of the “rape” case being alleged against WikiLeaks founder Julian Assange (technically, Swedish prosecutors say it's not rape, it's "sex by surprise"), currently being held in a British jail without bail pending an extradition request from Stockholm: “Something is rotten in Sweden.” http://www.truth-out.org/something-rotten-the-strange-case-interpols-red...

Free Trade Doesn't Work: Interview With Economist Ian Fletcher

Free trade doesn't work, the global economy is a myth and the U.S. has been duped during trade negotiations for the past 40 years according to Ian Fletcher, an adjunct fellow with the U.S. Business and Industry Council and author of Free Trade Doesn't Work: What Should Replace It and Why. http://www.huffingtonpost.com/michael-hughes/free-trade-doesnt-work-in_b...

In a Computer Worm, a Possible Biblical Clue

Deep inside the computer worm that some specialists suspect is aimed at slowing Iran’s race for a nuclear weapon lies what could be a fleeting reference to the Book of Esther, the Old Testament tale in which th

Blood And Oil

(CBS)  This is the story of a blood feud, a battle between brothers. As we told you when we first reported this story last November, the Koch family of Wichita, Kansas is among the richest in the United States, worth billions of dollars. Their oil company, Koch Industries, is bigger than Intel, Dupont or Prudential Insurance, and they own it lock stock and barrel.

Sen. Adams: Police no longer required to meet predetermined summons quota

About three weeks ago, a bill was signed into law that may have a long-term impact on the culture of policing in New York State and New York City. The state's labor law has been amended so that no employer shall penalize an employee who is a police officer solely because of the employee's failure to meet a quota of tickets or summonses, arrests or stops of individuals suspected of criminal activity within a specified period of time.

Civil Rights Photographer Unmasked as Informer

He was the only photojournalist to document the entire trial in the murder of Emmett Till, and he was there in Room 306 of the Lorraine Hotel, Dr. King’s room, on the night he was assassinated.

http://www.nytimes.com/2010/09/14/us/14photographer.html?_r=1&hp

Scientists teach robots how to trick humans

An experiment by researchers at the Georgia Institute of Technology is believed to be the first detailed examination of robot deception.

The team developed computer algorithms that would let a robot ‘decide’ whether it should deceive a human or another robot and gave it strategies to give it the best chance of not being found out.

Basel group shapes the future of finance

The coterie of central bankers and government regulators gathering in the small Swiss city of Basel this weekend don't know whether you'll need to buy a car next year or borrow money to run a business.

http://www.washingtonpost.com/wp-dyn/content/article/2010/09/10/AR2010091006366.html?hpid=topnews 

 

150,000 Farmers Committed Suicide in India

  Bollywood Superstar Aamir Khan Shines the Spotlight on What's Caused an Estimated 150,000 Farmer Suicides in India

Employers Sharply Raise Workers' Share of Health Costs

Employers passed health-insurance costs onto employees at a sharply higher rate this year, and businesses' premiums grew more slowly than they have in a decade, according to an annual survey of companies.

Ex-UK Deputy PM Wants Answers On Tabloid Scandal

Britain's former deputy prime minister pressed Friday for police to reveal more about what is alleged to have been a pattern of illegal eavesdropping at a major tabloid newspaper.

http://www.cbsnews.com/stories/2010/09/03/ap/world/main6831822.shtml 

 

 

Key Karzai Aide in Corruption Inquiry Is Linked to C.I.A.

KABUL, Afghanistan — The aide to President Hamid Karzai of 

Full-Body Scan Technology Deployed In Street-Roving Vans

As the privacy controversy around full-body security scans begins to simmer, it’s worth noti

The billionaire brothers who are waging a war against Obama

 The Kochs are longtime libertarians who believe in drastically lower personal and corporate taxes, minimal social services for the needy, and much less oversight of industry—especially environmental regulation. These views dovetail with the brothers’ corporate interests.

Massive Censorship Of Digg Uncovered

A group of influential conservative members of the behemoth social media site Digg.com have just been caught red-handed in a widespread campaign of censorship, having multiple accounts, upvote padding, and deliberately trying to ban progressives.

http://blogs.alternet.org/oleoleolson/2010/08/05/massive-censorship-of-digg-uncovered/ 

 

Pentagon to cut thousands of jobs, defense secretary says

Defense Secretary Robert M. Gates said Monday that the Pentagon will cut thousands of jobs, including a substantial chunk of its private contractors and a major military command based in Norfolk, as part of an ongoing effort to streamline its operations and to stave off political pressure to slash defense spending in the years ahead.

Cerberus' Adventures in the Gun Trade

Randy Luth was surprised to learn in 2006 that Cerberus Capital Management wanted to buy his St. Cloud (Minn.) business. What would Manhattan financiers known for investing in distressed debt and troubled companies want with DPMS Firearms, a manufacturer of semiautomatic rifles?

BP oil spill: failed safety device on Deepwater Horizon rig was modified in China

BP ordered the owner of the Deepwater Horizon rig, whose explosi

Top Secret America

Washington Post:

The top-secret world the government created in response to the terrorist attacks of Sept. 11, 2001, has become so large, so unwieldy and so secretive that no one knows how much money it costs, how many people it employs, how many programs exist within it or exactly how many agencies do the same work.

Mystery shrouds closures of blog, forum platforms

Two services that enable users to blog or create online forums have disappeared from the Internet under mysterious circumstances. http://news.cnet.com/8301-31001_3-20010877-261.html?tag=topStories1

Report: NSA creating spy system to monitor domestic infrastructure

The National Security Agency has begun work on an "expansive" spy system that will monitor critical infrastructure inside the United States for cyber-attacks, in a move that detractors say could end up violating privacy rights and expanding the NSA's domestic spying abilities.

Banks Financing Mexico Gangs Admitted in Wells Fargo Deal

Wachovia admitted it didn’t do enough to spot illicit funds in handling 

Egypt oil spill threatens Red Sea marine life

CAIRO (AFP) – An oil spill off the Egyptian Red Sea coast of Hurghada threatening to damage marine life in the area has prompted 

CANADIAN GOLD COMPANY SUES EL SALVADOR FOR 100 MILLION DOLLARS

Canadian mining company, Pacific Rim, is in court suing the government of El Salvador for 100 million dollars. It claims that by not awarding the company an exploitation permit for its proposed gold mine, the tiny country is in breach of the Central American Free Trade Agreement (known as CAFTA). 

Unhealthy Devotion: Inability to Say 'No' is Harmful to U.S., Israel and World Peace

by Ernest A. Canning, Brad Blog:

The Cost of Israel to the American People

A booklet on the cost to Americans for supporting the State of Israel

http://www.ifamericansknew.org/stats/cost-booklet.html 

Scientists warn of unseen deepwater oil disaster

(AP) -- Independent scientists and government officials say there's a disaster we can't see in the Gulf of Mexico's mysterious depths, the ruin of a world inhabited by enormous sperm whales and tiny, invisible plankton. 

Rothschild plan would see privatization of Britain’s massive public motorway

Selling off the public's transportation infrastructure to pay off government debt has no "ideological opposition" in London today, if a recently published report is to be believed.

KEYNOTE: RALPH NADER: THE ROAD TO CORPORATE FASCISM

Video: Ralph Nader says the central political issue of our time is giant corporate power and its take over of our government, plus the spread of commercial values into every nook and cranny of our culture including the commercialization of childhood, the universities and almost everything these large corporations touch. Speaking at the Washington, DC Green Festival, he also details what we can and must do about it.

Dems propose massive increase in oil company liability to $10 billion

A good idea that was quickly abandoned:

Congressional Democrats are pushing their first legislative response to the Gulf Coast oil spill, proposing to vastly raise the liability cap on companies that are responsible for offshore disasters. 

Bankers jailed, sued as Iceland seeks culprits for crisis

REYKJAVIK — More than a year and a half after Iceland's major banks failed, all but sinking the country's economy, police have begun rounding up a number of top bankers while other former executives and owners face a two-billion-dollar lawsuit.

EU Crafts $962 Billion Show of Force to Halt Crisis

May 10 (Bloomberg) -- European policy makers unveiled an unprecedented loan package worth almost $1 trillion and a program of bond purchases to stop a sovereign-debt crisis that threatened to shatter confidence in the euro. 

The Beck Factor at Fox: Staffers say comments taint their work

In just over a year, Glenn Beck's blinding burst of stardom has often seemed to overshadow the rest of Fox News.

THE INFLUENCE GAME: Drug lobby's health care win

WASHINGTON – Chalk one up for the pharmaceutical lobby. The U.S.

Personal Income Drops Across the Country

Personal income in 42 states fell in 2009, the Commerce Department said Thursday. 

KBR Bills $5 Million For Mechanics Who Work 43 Minutes a Month

The report, issued March 3 by the DOD's inspector general, found that between late 2008 and mid-2009, KBR performed less than 7 percent of the work it was expected to do, but still got paid in full.

DOJ TO REQUIRE ES&S TO SELL OFF ASSETS FROM DIEBOLD MERGER CITING ANTI-TRUST CONCERNS

The Department of Justice's Anti-trust division has determined that the purchase of Premier Election Solutions, Diebold Inc.'s recently renamed e-voting division, by Election Systems & Software, Inc. (ES&S) has resulted in a voting machine monopoly.  

Intelligence Fusion Centers

In a 2007 article for the FBI Law Enforcement Bulletin, Colonel Bart Johnson explained how state-level intelligence “fusion centers” collect data from a range of sources and connect “seemingly unrelated” incidents that could be precursors of terrorist activity. 

Taibbi: "Goldman Raped The Taxpayer, And Raped Their Clients"

  Goldman Sachs and other big banks aren't just pocketing the trillions we gave them to rescue the economy - they're re-creating the conditions for another crash 

Presidential assassinations of U.S. citizens

  

Wall St. Helped to Mask Debt Fueling Europe’s Crisis

  Wall Street tactics akin to the ones that fostered subprime mortgages in America have worsened the financial crisis shaking Greece and undermining 

GLOBAL BANKING: THE BANK FOR INTERNATIONAL SETTLEMENTS

  When David Rockefeller and Zbigniew Brzezinski founded the Trilateral Commission in 1973, the intent was to create a "New International Economic Order" (NIEO).

Fortune Editor Suggests That the US Treasury Will Have to Start Defaulting On Its Bonds

  Social Security is broke and will need a bailout, "even as the bank bailout is winding down" according to a Fortune story by Allan Sloan.

China Defaulting Loans Soar, Insolvency Lawyer Says

 Feb. 5 (Bloomberg) -- Non-performing loans in China have risen into the “trillions of renminbi” because of poor lending practices, an insolvency lawyer said.

Pack your parkas, finance ministers

SAN FRANCISCO (MarketWatch) -- Finance ministers will trek to Iqaluit this weekend, meeting on the southern tip of Baffin Island where facemasks, snowmobiles and seal meat are hot and the temperatures less so.

C-Span interview with Rep.Kingston on the cost of war

  http://www.cspan.org/Watch/Media/2009/12/17/WJE/A/27404/Rep+Jack+Kingston+RGA.aspx

Defense Appropriations Subcommittee Member Rep. Jack Kingston goes over the defense appropriations bill that the House passed Thursday, by a vote of 395-34.

Fair Elections Are the Answer to Citizens United

Support for the Fair Elections legislation in Congress is at an all time high. The bill in the U.S. House of Representatives, sponsored by Rep. John Larson (D-Conn.), has bipartisan and cross-caucus support of 124 co-sponsors. The Fair Elections Now Act "would give our members the time they deserve to focus on the issues and their constituents, instead of dialing for dollars," Rep.

Democrats Seek to Counter Court Ruling on Political Spending

  WASHINGTON—Democrats are exploring ways to counter a Supreme Court ruling that threw out a century of limits on corporate political spending, hoping it will hand them a populist issue to stem a Republican tide rising on public anger.

Airports Could Get Mind-Reading Scanners

  WeCU Technologies is building a mind-reading scanner that can tell if a given traveler is a potential danger - without the subject's knowledge.

Landmark Supreme Court ruling allows corporate political cash

WASHINGTON (Reuters) - Corporations can spend freely to support or oppose candidates for president and Congress, the Supreme Court ruled on Thursday, a landmark decision denounced by President Barack Obama for giving special interests more power. 

 

Order 81, Iraq, and the Decimation of Traditional Seeds

Iraq's food production is now subject to the same laws that have created famine in so many third world countries.   

 http://farmwars.info/?p=2296

 

 

  

 

 

Charlie Wilson’s War is a Fantasy!

As the first journalists to enter Kabul in 1981 for CBS News following the expulsion of the Western media the previous year, we continue to be amazed at how the American disinformation campaign between Hollywood, Washington and Wall Street built around the Soviet invasion of Afghanistan lives on. 

http://www.boilingfrogspost.com/2009/12/22/charlie-wilson’s-war-is-a-f...

 

 

Cleaners 'worth more to society' than bankers - study

The research, carried out by think tank the New Economics Foundation, says hospital cleaners create £10 of value for every £1 they are paid.

http://news.bbc.co.uk/2/hi/8410489.stm

 

Congress Readies Defense Budget

Top House-Senate lawmakers are putting the finishing touches on a $626 billion Pentagon spending bill that Democratic leaders hope to clear for Obama's signature by Friday. 

House Democrats are also likely to pass a separate so-called jobs package with funding for infrastructure, help for state and local governments and a variety of other spending items aimed at boosting the economy. But it's clear that measure would not pass the Senate. 

http://finance.yahoo.com/news/Congress-readies-defense-apf-1584122423.ht...

 

US-COLOMBIA: Activists Target "World of Coca-Cola"

ATLANTA, Georgia, Nov 24 (IPS) - Activists from the U.S. and Colombia are targeting the World of Coca-Cola museum, located near its headquarters in Atlanta, Georgia, accusing the company of "union busting", paying its workers "poverty wages", and engaging in environmentally destructive practices.

http://www.ipsnews.net/news.asp?idnews=49393 

Fake gold bars! What's next?

 

A recent discovery -- in October of 2009 -- has been suppressed by the main stream media but has been circulating among the "big money" brokers and financial kingpins and is just now being revealed to the public. It involves the gold in Fort Knox -- the US Treasury gold -- that is the equity of our national wealth. In short, millions (with an "m") of gold bars are fake!

Who did this? Apparently our own government.

 

http://www.viewzone.com/fakegold.html 

Russian Jews meet with Muslims

 More than 100 events, some scheduled to take place in the coming weeks, are part of this year's "Weekend of Twinning," said Walter Ruby, a program director with the foundation. Nearly 30 programs took place in Europe, with the majority of those events in France, a country racked by tensions between Muslims and Jews.

 

http://www.indypressny.org/nycma/voices/400/news/news_1/

 
 

Fed Beaten: Bill To Audit Federal Reserve Passes Key Hurdle

 In an unprecedented defeat for the Federal Reserve, an amendment to audit the multi-trillion dollar institution was approved by the House Finance Committee with an overwhelming and bipartisan 43-26 vote on Thursday afternoon.

http://www.huffingtonpost.com/2009/11/19/fed-beaten-bill-to-audit_n_3645...

 

The Global Oil Scam: 50 Times Bigger than Madoff

 

$2.5 Trillion - That’s the size of the global oil scam.

 

In House, Many Spoke With One Voice: Lobbyists’

Statements by more than a dozen lawmakers were ghostwritten, in whole or in part, by Washington lobbyists working for Genentech, one of the world’s largest biotechnology companies.

http://www.nytimes.com/2009/11/15/us/politics/15health.html?_r=1

 

Former U.S. Diplomat Got Stake in Iraqi Oil

he New York Times reports today: "Peter W. Galbraith, an influential former American ambassador, is a powerful voice on Iraq who helped shape the views of policy makers like Joseph R. Biden Jr. and John Kerry. In the summer of 2005, he was also an adviser to the Kurdish regional government as Iraq wrote its Constitution -- tough and sensitive talks not least because of issues like how Iraq would divide its vast oil wealth.

http://accuracy.org/newsrelease.php?articleId=2122 

The markets’ lifeblood under scrutiny

Insider trading scandal:

“Information is the lifeblood of the market,” says Christopher Miller, chief executive of Allenbridge Hedginfo, the hedge fund due diligence firm. “The [Securities and Exchange Commission] is flexing its muscles. Regulators around the world want to be feared and now they’ve started frightening people.”

http://www.ft.com/cms/s/0/163732ea-ca3b-11de-a3a3-00144feabdc0,dwp_uuid=...

2 Bear Stearns Fund Leaders Are Acquitted

It was, prosecutors claimed, a clear case of Wall Street crime — and a chance to bring to account two culprits of the subprime age.

http://www.nytimes.com/2009/11/11/business/11bear.html?_r=1&hp

 

As Foreclosure Nightmares Increase, Will More Homeowners Pay Off Their Bankers in Violence?

The economic crisis revealed late-capitalism's central offense: Human beings are being transparently treated if they were mere transactions. And they're going postal over it.

http://www.alternet.org/world/143813/as_foreclosure_nightmares_increase%...

 

Mike Connell's Family Copes With His Mysterious Death, Tipsters, Legal Options

On December 18, 2008, Bush IT expert Mike Connell, a highly skilled pilot, was killed in a sudden crashwhile flying his small aircraft from Washington DC to his Akron/Canton home airport. The cause of the crash is still unknown and under investigation by the National Transportation Safety Board.

http://www.bradblog.com/?p=7509

 

Forbes rates Atlanta ‘most toxic city' in U.S.

"In Atlanta, Ga., you'll find southern gentility, a world-class music scene -- and 21,000 tons of environmental waste.

http://www.ajc.com/news/atlanta/forbes-rates-atlanta-most-185466.html

 

How Goldman secretly bet on the U.S. housing crash

Goldman didn’t tell buyers of $40 billion in securities it was secretly betting the other way.

Video and article on the Real News Network.

http://therealnews.com/t/index.php?option=com_content&task=view&id=31&It...

 

 

Law firms pay new hires to work for public good

If things had gone according to plan, Lindsay Murphy would be a big-city tax lawyer by now. Instead, the recent law school graduate found herself doing legal aid, listening to complaints about raw sewage bubbling up into the bathtubs of a Mississippi Delta housing project.

http://www.miamiherald.com/business/breaking-news/story/1296482.html 

Exclusive: U.S. Spies Buy Stake in Firm That Monitors Blogs, Tweets

 

America’s spy agencies want to read your blog posts, keep track of your Twitter updates — even check out your book reviews on Amazon.

 

http://www.wired.com/dangerroom/2009/10/exclusive-us-spies-buy-stake-in-...

 

Wall Street's Naked Swindle

On Tuesday, March 11th, 2008, somebody — nobody knows who — made one of the craziest bets Wall Street has ever seen. The mystery figure spent $1.7 million on a series of options, gambling that shares in the venerable investment bank Bear Stearns would lose more than half their value in nine days or less.

http://www.rollingstone.com/politics/story/30481512/wall_streets_naked_s...

 

U.S. charges billionaire Rajaratnam with record insider trading

NEW YORK (Reuters) - Billionaire hedge fund founder Raj Rajaratnam and executives from some of the most prestigious U.S. companies were charged on Friday with the largest hedge fund insider-trading scheme ever.

http://www.reuters.com/article/ousivMolt/idUSTRE59F35L20091017?pageNumbe...

 

LatAm leftists tackle dollar with new currency

Leftist Latin American leaders agreed here on the creation of a regional currency, the Sucre, aimed at scaling back the use of the US dollar.

http://www.breitbart.com/article.php?id=CNG.e97a6addcd4c089b8a907e80e5a2...

 

Year after slump, U.S. lawmakers begin swaps reform

One year after financial markets faltered worldwide, U.S. lawmakers are determined to write a softer package of regulatory reforms than those requested by the Obama administration.

http://news.yahoo.com/s/nm/20091013/pl_nm/us_financial_regulation_usa 

Grossman Confirmed as FBI Target in Espionage Investigations

John M. Cole, an FBI spy catcher who retired in 2004, says that from 1993 to 1995 alone, he had “125 open cases” of Israeli espionage, representing nearly half of all the investigations carried on in his Global Unit, part of the now-defunct National Security division.

In this article, Marc Grossman, a former high-level State Department official, is confirmed by a former FBI agent to have been one of these cases.

http://123realchange.blogspot.com/2009/09/grossman-confirmed-as-fbi-targ...

 

 

 

"Option" mortgages to explode, officials warn

WASHINGTON (Reuters) - The federal government and states are girding themselves for the next foreclosure crisis in the country's housing downturn: payment option adjustable rate mortgages that are beginning to reset.

http://www.reuters.com/article/wtUSInvestingNews/idUSTRE58G5U320090917?p...

 

Top anti-drug official was ’secret ally of drug lords’

Richard Padilla Cramer, a 26-year veteran anti-drug official, is behind bars, arrested after officials accused him of directing a massive cocaine shipment to Spain via the United States, and selling important information in law enforcement databases to a vicious Mexican drug cartel.

http://rawstory.com/08/news/2009/09/17/report-top-anti-drug-official-was...

 

New York preparing charges against Bank of America execs

Judge throws out $33M SEC-BofA settlement, orders trial; Cuomo preparing to file charges

http://rawstory.com/blog/2009/09/ap-new-york-preparing-charges-against-b...

 

27-Year CIA Vet says Obama May be Afraid of the CIA ... For Good Reason...

"Let me just leave you with this thought," he said, "and that is that I think Panetta, and to a degree President Obama, are afraid --- I never thought I'd hear myself saying this --- I think they're afraid of the CIA."...

http://www.bradblog.com/?p=7408

SIBEL EDMONDS' DEPOSITION: VIDEO AND TRANSCRIPT RELEASED

FBI Whistleblower Sibel Edmonds' testimony finally released

http://www.bradblog.com/?p=7374 

The court transcript:

http://newsdemocrat.com/SiteImages/FileGallery/Sibel_transcript_393.pdf

NAACP-Forgery by Bonner & Associates

A DC-based consulting firm has been exposed for forging letters in opposition to the American Clean Energy and Security Act.

http://thinkprogress.org/2009/07/31/bonner-forgery/

 

Bombshell: Bin Laden worked for US till 9/11

 

Former FBI translator Sibel Edmonds dropped a bombshell on the Mike Malloy radio show, guest-hosted by Brad Friedman (audiopartial transcript).

 

US bank profits: repossessions rise

Bank that is repossessing homes by the hundred, turns a massive profit

http://therealnews.com/t/index.php?option=com_content&task=view&id=31&It...

 

Israel is willfully committing slow-motion genocide against 1.5 million trapped Gazans

Despite billions pledged for reconstruction, practically none of it has come because of Israel's tight embargo on virtually everything needed. As a result, thousands of displaced and destitute families live in cramped quarters with relatives or in tents as their only other alternative.

http://www.freedomsphoenix.com/Feature-Article.htm?Info=0062651&From=News

 

Medvedev Shows Off Sample Coin of New ‘World Currency’ at G-8

It has been brewing for a few years and will transform the world economy.

The U.S. as such will loose its predominance, but the multinational companies will make the rules.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aeFVNYQpByU4

 

OCC and OTS: Prime Delinquencies Surge in Q1

 This OCC and OTS Mortgage Metrics Report for the first quarter of 2009 provides performance data on first lien residential mortgages serviced by national banks and federally regulated thrifts. 

http://www.calculatedriskblog.com/2009/06/occ-and-ots-prime-delinquencie...

 

Congress Pushing for Federal Reserve Audit

A majority of the U.S. House of Representatives is now in support of a historic bill by Republican lawmaker Ron Paul to audit the Federal Reserve (the Fed), the privately run central bank that sets monetary policy for the United States.

http://www.ipsnews.net/news.asp?idnews=47431

 

 

Federal Reserve: Same old sheriff on Wall St

A must-see video about the Federal Reserve by Robert Pollin on the Real News.

http://therealnews.com/t/index.php?option=com_content&task=view&id=31&It...

 

The American Empire Is Bankrupt

A story that sounds apocalyptic but (unfortunately) has a very sound reasoning and facts to back it up.

http://www.truthdig.com/report/item/20090614_the_american_empire_is_bank...

 

But Governor, you can create money!

Major problems found in war spending

KBR seems to be the most organized in crime when it comes to pilfering from the war funds.

http://www.indeonline.com/news/x726831992/APNewsBreak-Major-problems-fou...

Fed to Hire PR Wizard to Fight Against HR 1207

As HR 1207 gains momentum and co-sponsors in the House of Representatives, the Federal Reserve is planning to fight the tide calling for an audit of its books by hiring a veteran lobbyist to “manage its relations with Congress,” according to Reuters.

http://www.blacklistednews.com/news-4418-0-5-5--.html 

Obama Admits to US Role in Iran Coup

This was an important event in history because the mid 1950's newly created states in the Middle-East were electing democratic governments.  By toppling these governments in Iran and Iraq and replacing them with dictatorships was a definite factor in the chaos that we now witness in that region.

http://news.antiwar.com/2009/06/04/obama-admits-to-us-role-in-iran-coup/

  

GM Bankruptcy Analysis

A detailed analysis by the Financial Times of the General motors bankruptcy:

http://www.ft.com/cms/a491f060-b57f-11dd-ab71-0000779fd18c.htm?ftcamp=La...

Is Larry Summers Taking Kickbacks From the Banks He's Bailing Out?

Last month, a little-known company where Summers served on the board of directors received a $42 million investment from a group of investors, including three banks that Summers, Obama’s effective “economy czar,” has been doling out billions in bailout money to: Goldman Sachs, Citigroup, and Morgan Stanley. 

http://www.alternet.org/workplace/140327/is_larry_summers_taking_kickbac...

The Flagrantly Visible Hand

The question is not "are the markets being manipulated?", but "who is manipulating the markets?".

http://zerohedge.blogspot.com/2009/05/flagrantly-visible-hand.html

 

Feds Dropping Charges Against Israeli Spies

Video: a good overview of the case involving Jane Harman and two Israeli spies.

http://www.afterdowningstreet.org/node/42231

 

 

Miguel Tinker Salas: Collapse of traditional economy created the space for the cartels to grow

A video from the Real News Network on the North American Free Trade Agreement and the empowerment of the drug cartels.

http://therealnews.com/t/index.php?option=com_content&task=view&id=31&It...

 

Officials Say U.S. Wiretaps Exceeded Law

WASHINGTON — The National Security Agency intercepted private e-mail messages and phone calls of Americans in recent months on a scale that went beyond the broad legal limits established by Congress last year, government officials said in recent interviews.

http://www.nytimes.com/2009/04/16/us/16nsa.html?_r=1&hp%3E%3Cfont%20colo...

 

Communities print their own currency to keep cash flowing

A small but growing number of cash-strapped communities are printing their own money.

http://www.usatoday.com/money/economy/2009-04-05-scrip_N.htm

 

World Economy Falling Faster Than in 1929-1930

Barry Eichengreen, an expert on the Great Depression, and Kevin O'Rourke, take issue with the notion that the current downturn is less severe than the Great Depression. While the slump in the US is not as bad, that mis-states the global picture.

http://www.nakedcapitalism.com/2009/04/world-economy-falling-faster-than...

 

Car Manufacturers Bailout: The United Senate Republicans Against The United Auto Workers.

Car Manufacturers Bailout: The United Senate Republicans Against The United Auto Workers.

By Richard Van Slyke
December 12, 2008

On December 11th, the Senate defeated a bill previously approved by the House to bailout the three major U.S. car manufacturers.  Whether the ill-managed companies deserved to be bailed-out is a relevant question, but what is interesting is the main argument that a united front of Senate Republicans used to reject the bill.  According to them, the main cause for the demise of the carmakers is the cost of labor.

HAVA (Help America Vote Act) repackaged as S. 3212

HAVA (Help America Vote Act) repackaged as S. 3212

By Richard Van Slyke July 30, 2008

It’s politics as usual. When the majority of people are opposed to a bill because it doesn’t serve the best interest of the country, Congress drags its feet by repackaging it and going through a lengthy process that insures that nothing will change.  S. 3212, the "Bipartisan Electronic Voting Reform Act of 2008", is a typical example of it.

Food, oil, and speculators.

Food, Oil, and Speculators

By Richard Van Slyke
May 12, 2008

The truth is slowly starting to trickle out.  Not thanks to the hard work of the U.S. mainstream media, but just because it’s so real that it can’t remain totally hidden. What is really causing the rise of food and oil prices?
Many reasons have been given over the past few months.
Shortage of oil production turned out to be a false pretext; there is more oil being produced now than in the 1970’s.
The use of corn and soybean for biofuels, a reason given by George Bush a few weeks ago, was retracted days later.  Biofuels do play a part in the rise of food prices, but absolutely not to an extent that would justify the rise that occurred.
So the major factor in food and oil prices jump is slowly emerging in the news: speculators.  Of course, the first reports came from outside the U.S.; then it was picked-up here by alternative medias here, citing foreign sources.  And now some major media are (probably reluctantly) bringing it up.

J Street: New Jewish Lobby Group to Tackle Big Brother

J Street: New Jewish Lobby Group to Tackle Big Brother

By Richard Van Slyke
April 29th, 2008

April 15th, 2008 was a landmark.  Mostly unnoticed, a new lobby group was officially founded: J Street. It is being described by the few who wrote about it as an organization of Jewish Liberals.  Strangely, it seems like whenever people advocate policies that make sense, they are labeled as liberals.  This tells you right away that there must be a good side to J Street.

Grannies arrested for wanting to enlist.

Grannies arrested for wanting to enlist.

By Richard Van Slyke
March 19th, 2008

Two days ago, 10 members of Grandmothers for Peace were arrested in Atlanta for trying to enlist at an Army recruiting station. I won’t go over all the details of the event as it is best related by Atlanta Progressive News (1), but this story definitely needs close attention. Despite the fact that it is quite hilarious, it is also definitely a serious matter.

The motto was: "We don’t want our grandchildren to go to war, so take us instead."

Who's afraid of Sibel Edmonds?

By Richard Van Slyke
01/29/2008

As usual, the most important stories are sometimes the ones ignored by the major media. And the Sibel Edmonds story is typical.
Why is it an important story?
Because it shows that within our government there are people who are working for exactly the opposite of what this administration is faking to stand for.
And why is it not covered?
Because digging into it could lead to a domino effect reaching people in high positions.

The stimulus package will be lame.

What started out as a reasonable, though not perfect, stimulus plan has been ruined by Republicans in Congress:

REPORTED STIMULUS PACKAGE WOULD PROVIDE LITTLE IMMEDIATE BOOST DUE TO REMOVAL OF MOST EFFECTIVE PROVISIONS

Changes reportedly made last night in the stimulus package would reduce its effectiveness as stimulus. Although the package includes a reasonably designed tax rebate, the two most targeted and economically effective measures under consideration — a temporary extension of unemployment benefits and a temporary boost in food stamp benefits — were zeroed out, apparently at the insistence of House Republican leaders.

The Cost of War

Lately, President Bush has been admonishing Congress, asking them to curtail spending.
Medicare and Medicaid are the prime targets, with Social Security benefits next in line; but many other budget cuts are creeping up, in a way that will affect our everyday lives for generations to come.
Meanwhile, we are spending $720 Million a day to fight a war that is becoming harder and harder to justify. This price tag is an issue that is seldom addressed by the major media.

Smile, your GDP is high!

If you live in the U.S., you're rich. Even if you are homeless and reading this article in a public library. How do we know that? Your GDP is high!

What is the GDP?
The Gross Domestic Product (GDP) is in economics the leading indicator of the wealth of a country.
It is calculated by adding-up private consumption, business investments, government expenditures, and the difference (positive or negative) between exports and imports.

By dividing that figure by the number of inhabitants, the GDP per capita is also usually used as an indicator of the standard of living in that country.

In Columbus, carrying big crosses is illegal!

 

Jesus arrested carrying cross

Georgia torture training school sees crosses as sticks.
By Richard Van Slyke. 

Columbus, Georgia is a city of 186,000 people in central Georgia, in a county that borders Alabama. This is as deep inside the Bible Belt as can be, and a place where crosses are usually more than welcome. With at least one exception: when they are used as a sign of protest against torture.

Help! Could someone please invade us and give us democracy?

Help! Could someone please invade us and give us democracy.
By Richard Van Slyke

Democracy is one of the most cherished goods on this earth. It’s hard to find, and when we have it, it’s hard to keep. It appeared at one time that we had plenty of it and that we could relax, just have fun and enjoy it. We felt so secure that we even gave some away.

We gave some to Iran in 1953.
We tried to give some to Vietnam in the 1960’s, but they didn’t want any of it.
We gave some to Chile in 1973.
We gave some to Iraq in 1979.
And again to Iraq in 1991

Dog Fighting is Bad

Dog fighting is bad
By Richard Van Slyke

During the summer of 2007, a bombshell hit the sports news: Michael Vick, the quarterback of the Falcons football team, was indicted for promoting dog fighting. Dog fighting is illegal. But it’s not just illegal, it’s also cruel and for most people a very repulsive act that no human should get involved in. It created an uproar among the animal rights activists and Michael Vick was vilified, in part because he was a role model for many young Americans.

$20 Billion "Disappeared" in Iraq in 2004

 

CPA Officials Posing with $2 Million in Cash

CPA Officials Posing with $2 Million in Cash

 
Twenty billion dollars, you read it well! Even in military accounting terms, that’s a lot of toilet seats. A tale of total incompetence; as a script it probably would have been turned down by Hollywood for being totally unbelievable (until now).

Going Bankrupt

Why the debt crisis is now the greatest threat to the American republic.
By Chalmers Johnson

Chalmers Johnson is the author of the Blowback Trilogy and this article is a critic of the Keynesian principle being applied to military spending.
It’s an excellent summary of the reasons why our addiction to military expansion is driving our economy toward a disaster.

The full article in MotherJones
http://www.motherjones.com/commentary/tomdispatch/2008/01/going-bankrupt...

The original article can be found at Tomdispatch.com
http://www.tomdispatch.com/post/174884