50 Articles

Tuesday, November 17, 2009
New evidence of the terrible social and personal costs of excessive income inequality
(5 comments) New cross-cultural evidence shows conclusively that all of the following problems are much more common in societies (like the US) where opportunities to gain educational and income vary greatly from one class to another: Mental illness, drug abuse, teenage births, obesity, the proportion of the population in prison, educational performance of school children, levels of trust and strength of community life, and social mobility

Saturday, November 14, 2009
Why we must nationalize the Federal Reserve
(16 comments) Banking is not a proper function of the government, but oversight is. The Treasury Department should not be outsourcing to the Fed its oversight responsibilities. The Fed, which failed miserably to oversee the banks, should be put under Treasury instead. It's time for the government to operate in the public interest, not in the interest of private banks. It's time to stop bailing out banks and begin building up America.

Wednesday, November 4, 2009
Why on earth is Obama continuing the war in Afghanistan?
(4 comments) There is 40% – 50% unemployment in Afghanistan, and the Taliban pays $8 a day to young fighters who would rather be doing anything else. There is literal starvation taking place across the country, including in Kabul.

Wednesday, November 4, 2009
The Trillion Dollar Bank Job Continues Under Our Noses
(5 comments) We were told we had to bail the big banks out so they would start putting money back into our communities, and then our jobs and our homes would be saved. So taxpayers bailed them out. A year later, what have we got for that investment? From each and every man, woman, and child in the US, there has been a wealth transfer of about $15,000 to our bankster overlords. But they didn't hold up their end of the bargain.

Monday, October 19, 2009
To What Extent are our Biggest Banks and Financial Institutions being Operated as Criminal Enterprises?
(6 comments) What we want is a Wall Street that will attract men and women who will seek to be the next Warren Buffett or great venture capitalist -- men and women fairly competing to analyze the countless ideas of our best and brightest and who will invest not in devious schemes to defraud millions of their fellow Americans, but rather invest in the talented people who will best be able to bring their innovations to America and the world.

Sunday, October 11, 2009
Corporate Coup d' Etat of the U.S. Economy
(7 comments) The concept of communism is reviled in this country for the simple reason that it is blind to human nature and allows a small group of individuals near-total control while sticking it to everyone else. America spent countless lives and half a century fighting against this system of government. So why are we standing by passively as big corporations and banks take over our government and stick it to us now?

Friday, September 25, 2009
Wall Street theft on a scale unimagined, and Obama wants to keep it covered up
(5 comments) This economic and financial meltdown originated from & is even now being driven by fraud. Massive fraud. The essence of fraud is, "I gain your trust so as to get you to give me something of value on the promise that I will provide something of greater value for you, and then I betray your trust." And there's no more effective way to destroy trust in an entire society than by way of fraud systemically perpetrated by elites.

Monday, September 14, 2009
How Washington is making health care reform DOA
(3 comments) America has not only the worst but the dumbest health care system in the developed world. It's become a leprosy eating away at the American experiment — a bureaucracy so insipid and mean and illogical that even our darkest criminal minds wouldn't be equal to dreaming it up on purpose. The existing health care system doesn't work for the vast majority of us, and the so-called reforms won't improve anything.

Monday, September 7, 2009
Are financial parasites killing the American economy?
(6 comments) The financial sector seems to be devouring the industrial sector. Finance capital pretends that its growth is that of industrial capital formation. Hence the financial bubble is called "wealth creation," as if it were what progressive economic reformers envisioned a century ago. These reformers condemned rent and monopoly profit, but never dreamed that the financiers would end up devouring landlord and industrialist alike.

Monday, September 7, 2009
Reverse bank robbery – how the big banks are robbing us blind
(2 comments) Suppose the banks pay an interest rate of 0.2% for a trillion dollars they've borrowed from the Fed. If the banks then use that trillion to buy up government bonds that pay a 3.5% interest rate, they pocket the difference of 3.3 percentage points. This means that on a trillion dollars of federal lending to them, the banks will ‘earn' $33 billion a year in net interest or profit! What a nice gift from us taxpayers to them!

Thursday, September 3, 2009
In The Event Of A Contrived Emergency, Plans For A Totalitarian Takeover?
(3 comments) After receiving concerned communications from constituents, in July 2007 U.S. Representative and Homeland Security Committee member Peter DeFazio made an official request to examine the classified Continuity Annexes in a secure "bubbleroom" in the United States Capitol. His request was denied by the White House, which cited "national security concerns." This was the first time DeFazio had been denied access to documents.

Friday, August 28, 2009
The CIA's Role in the Origin and Maintenance of America's Overclass
(15 comments) Using subversive techniques once aimed at communists, and with all the money they could ever need to succeed, the Overclass (with CIA help) undemocratically controls our government, our media, and even a growing part of academia. These institutions in turn allow the Overclass to control the supposedly "free" market, all to the detriment of workers, consumers, women, minorities and the poor.

Thursday, August 27, 2009
This Isn't a Recession, It's a Planned Demolition
(3 comments) Working folks are not being crushed by accident, but by design. Bernanke knows that sustained demand requires higher wages and a vital middle class. But Bernanke works for the banks and big investors, not the middle class as a whole. "Bubblenomics" is not the way to a strong/sustainable economy, but it is an effective tool for shifting wealth from one class to another, albeit at the expense of overall economic health.

Wednesday, August 19, 2009
Former Accused Iraqi Agent Susan Lindauer Reveals Startling Facts About Early 9/11 Warnings
(7 comments) Following her arrest, Lindauer spent one full year imprisoned, without access to legal counsel, on an airbase in Texas. All charges against her were dropped several days before Obama took office. Lindauer, a former speech writer for two members of Congress, is the cousin of George W. Bush's former chief of staff, Andrew Card.

Monday, August 10, 2009
What is the Likelihood of Full Economic Recovery, Really?
(3 comments) Phantom dollars, printed out of thin air, backed by nothing and producing next to nothing, defines the "-Bailout Bubble.' Just as with the other bubbles, so too will this one burst. But unlike Dot-com and Real Estate, when the "Bailout Bubble" pops, neither the President nor the Federal Reserve will have the fiscal fixes or monetary policies available to inflate another.

Wednesday, July 29, 2009
The American Road to Fascism -- a synopsis of Chris Hedges' new book, Empire of Illusion
(15 comments) Fifty million workers will lose their jobs worldwide in 2009. In the past three years, nearly one in five U.S. workers was laid off. The IMF prediction for global economic growth in 2009 is 0.5% -- the worst since WWII. More than 2 million properties in the US received a default notice or were repossessed in 2008. Twenty thousand major banks collapsed worldwide, and 62,000 US companies are expected to shut down this year.

Monday, July 27, 2009
The end of American empire -- closer than we think?
The tantalizing illusions offered by our consumer culture are vanishing as we barrel towards collapse. The ability of the corporate state to pacify the country by extending credit and providing cheap manufactured goods to the masses is gone. The pernicious idea that democracy lies in the choice between competing brands and the freedom to accumulate vast sums of personal wealth at the expense of others has collapsed.

Tuesday, July 21, 2009
To what extent do Goldman Sachs and other big banks control Congress, the White House and the stock market?
(7 comments) Our attorney general needs to open an investigation of Goldman Sachs' behavior in the area of securities fraud, insider trading, and misuse of government funds. Without an official inquiry into financial misconduct of this company, and others, public anger & confusion will likely overwhelm any attempts to transform our contracting economy and Obama's ability to manage it. And that's just the way boss Goldman wants it.

Tuesday, July 21, 2009
Capitalism as cancer, and the new economy that could emerge from its eradication
(13 comments) Our recent credit collapse has drawn back the curtain to reveal the inner workings of Wall St., and it begins to look less like legitimate business enterprise & more like a criminal syndicate running a lucrative extortion racket. The nearest equivalent in nature is a cancer that drains the body's energy, but produces nothing useful in return. You don't 'fix' a cancer; you excise it & rebuild healthy tissue that surrounded it.

Friday, June 26, 2009
Threats to the American empire, from an engineered bankruptcy?
(13 comments) The current mass delusion that will go down in history as the "green shoots fugue" can't possibly bring the credit freak show back because the credit -- i.e. money borrowed from the American future -- was swindled away. Something like $14 trillion worth of nominal dollars is being sucked into a cosmic vortex never to be seen again. It was last seen in the spectral forms of so many collateralized debt obligations, etc.

Wednesday, June 17, 2009
Why the Coming Crash Will Be More Severe than the Great Crash of 1929
(9 comments) Since the "Reagan Revolution" of 1981 ("don't tax and spend, just borrow and spend"), our federal government has borrowed and spent way too much. Even worse, it borrowed most of it during so-called "good times," and did so on a scale once reserved for the rare Keynesian stimulus needed to combat serious recession. Now that we're in a deep recession, we can't really afford to borrow more -- not without grave consequences.

Sunday, June 14, 2009
Agenda for a New Economy: from Phantom Wealth to Real Wealth
There is growing evidence that our current economic system has failed us on every dimension: environmental, social, and financial. The fact that the Wall Street financial collapse has preceded the terminal collapse of our social and environmental systems is a blessing. Why? Because it demonstrates that our existing economic system has failed even on its own terms.

Thursday, May 28, 2009
Will widespread middle-class affluence ever return to the United States?
(4 comments) The US is the only industrialized country where young people are less likely than their parents to graduate high school. Since unemployment cannot begin to fall until payroll growth rises to at least 1% - and payroll growth will not hit 1% until GDP growth hits at least 2.5% - we may not see any substantive payroll growth until late 2010 or 2011. So, unemployment & foreclosures could very well rise until that time.

Wednesday, April 22, 2009
How to generate an additional $450 billion in annual tax revenue? -- tax the rich at the rates they were paying in 1955
(7 comments) Thirty years of "shrink, shift and shaft"! Right wing pols, and Dems who should have known better, shrunk the share of taxes paid by the wealthiest 1%, shifting the tax burden off of wealth, onto wages, off the federal tax system and onto the regressive tax systems of states and localities. Result: States and localities got the budget shaft: years of chronic underfunding for mass transit, education & public services.

Wednesday, December 10, 2008
The (coming) battery-swap (car) revolution. (Too bad Detroit will likely miss out.)
(6 comments) Engineers and entrepreneurs in Tel Aviv have developed a radical alternative to Detroit's business model. When this new battery-swap electric car system is completed, our bailout of Detroit will be remembered as the equivalent of pouring billions of dollars of taxpayer money into the mail-order-catalogue business on the eve of the birth of eBay, or pouring billions into the CD music business on the eve of the iPod.

Monday, December 1, 2008
How to end our addiction to Mideast oil, save the Big Three in Detroit and the economy too
(5 comments) The Danes get 18% of their electricity from wind turbines. Their only problem: What to do with the juice generated at night? How to store it? Their solution: start producing plug-in hybrid cars whose owners will nightly purchase juice from the wind turbines at 2 cents a KWhr. The next morning at work they will plug their car into the local grid, selling a programmed amount of the captured juice for 6 cents per KWhr.

Saturday, November 22, 2008
The cholesterol - heart disease scam: How the medical-industrial complex is raking in billions at our expense
(14 comments) Although a staggering amount of money has been spent on research to conclusively prove the link between saturated fat, cholesterol and Coronary Heart Disease (CHD), there exists a massive volume of scientific evidence published in peer-reviewed journals that completely absolves dietary cholesterol, saturated fat and elevated blood cholesterol of any harmful role in CHD. Why the continuance of this myth. Answer: Big profits.

Tuesday, November 4, 2008
To what extent are the markets being rigged?
(15 comments) Welcome to the behind-the-scenes world of The Plunge Protection Team, a largely secret group of bankers and government bigwigs that exert a surprising degree of control over the stock market. "The Dow is a dead banana republic dictator in full military uniform propped up in the castle window with a mechanical lever moving the cadaver's arm, waving to the Wall Street crowd."

Friday, October 31, 2008
Are US tax payers being scammed by Hank Paulson, the US Congress and America's biggest banks?
(12 comments) Surprise, surprise, big banks had not the slightest intention of increasing their lending after receiving the huge federal handout for that purpose. Tsar Paulson simply scammed the ever-gullible citizens of the US into handing the biggest and most avaricious institutions in the country $2,300 per every man, woman, child in the US, so that they could resume business as usual -- stuff like buying up other banks.

Saturday, September 20, 2008
The American road to socialism (for the rich)
(3 comments) The rich and powerful spend years making foolish deals in a market they rigged with the connivance of utterly corrupted politicians on both sides the aisle; their fraudulent scheme finally collapses, exposing them to some of the most horrific financial losses in history....and YOU will have to pay for it. For generations. Not only directly, with the tax money straight from your pocket.

Sunday, September 14, 2008
Wake-up time. Chris Floyd on creeping fascism in the U.S.
(8 comments) The Nazis launched unprovoked wars of aggression and despoiled whole nations. So do we now; who cares? The Gestapo and the KGB snatched people from the street and held them without charges in secret prisons, tortured them with brute force and with exquisitely calibrated techniques approved by the highest authorities. So do we now; who cares?

Sunday, August 31, 2008
Former McCain Insider Charges Election Fraud. Implicates McCain, Bush, Cheney and Rove
(4 comments) A lifelong Republican, erstwhile member of McCain's campaign, and a prominent expert on computer fraud, Stephen Spoonamore has copious hard evidence revealing that Bush/Cheney stole a number of key races, starting with Florida eight years ago. He has named names, and has the goods to back up every claim. Plus, he knows quite a lot about the plans to use illegal methods to make McCain America's next president.

Tuesday, August 26, 2008
How America's Middle Class Was Eviscerated by Bushco, the CIA, and the Republican Overclass
More than 100% of the growth in Gross Domestic Product over the past five years is attributable to the expansion of debt. GDP is up $2.8 trillion since 2001. But government debt alone is up over $3 trillion for the same period. Add in the explosion of home mortgage debt at over $5 trillion, and a cumulative $3.5 trillion in trade deficit, and you get a Real Economy that is literally going backwards.

Thursday, May 22, 2008
What links did Mohammed Atta have to Cheney & the Pentagon?
(2 comments) New evidence that Mohammed Atta was connected to the Pentagon's Special Operations Command (SOCOM). In addition, more evidence that a top-secret Pentagon project code-named "Able Danger" identified Atta as a member of an al-Qaeda cell more than a year before the 9/11 attacks. So why did the Pentagon prevent his arrest? And why was the FBI so reluctant to inspect Zacarais Moussaoui's laptop computer until after 9/11?

Saturday, March 29, 2008
Saudi Newspaper: Prepare for radioactive fallout from US nuclear attack on Iran
(47 comments) Bush sends nuclear sub to Gulf. Cheney then visits Saudis, who in turn prepare plans to deal with "any sudden radioactive hazards" that may arise from a US attack on Iran's nuclear reactors. This was reported by a top Saudi newspaper, Okaz, and relayed by a leading German news service, DPA. (Nothing in Saudi Arabia becomes the top news story without government approval.) Experts say a US nuclear attack is very likely.

Monday, March 17, 2008
Was Eliot Spitzer targeted?
(10 comments) If you look at the long list of cases in which accusations of highly irregular financial conduct were lodged against Republican elected officials, you will see that in each case the Bush Justice Department reacted by doing nothing. No review of payments and bank records. No questions. No investigators. No warrants for wiretaps. Bush's "Justice" Department always concluded that there was insufficient grounds to proceed.

Sunday, February 24, 2008
Our Senate has betrayed us
(5 comments) Our Senate, led by Jay Rockefeller, enabled by Harry Reid, and with the active support of at least 12 Democrats and the as-always lockstep GOP caucus -- voted to legalize warrantless spying on the telephone calls and emails of Americans. It also provided full retroactive amnesty to lawbreaking telecoms, thus forever putting an end to any efforts to investigate the telecoms and the associated crimes of the Bush administration.

Tuesday, February 5, 2008
Our corporate-controlled (Orwellian) mass media
(16 comments) In a world of objective reality, a reporter would simply say that the U.S. launched an unprovoked invasion of Iraq on March of 2003 under the false pretense that Hussein possessed weapons of mass destruction -- and did this even after UN inspectors, completely unopposed by Saddam, had failed to find any WMD. However, the Orwellian 'reality' sold to us by our corporate-controlled mass media was and is quite different.

Wednesday, January 9, 2008
If productivity has tripled, why are we working ever longer hours?
(4 comments) Even though worker productivity has tripled in the last 50 years, most American workers are working ever longer hours just to acquire basics like housing, health care and college education. The biggest reason they have to work so much is the ever growing amounts of superfluous products that are produced and consumed. That keeps folks on a kind of treadmill -- which in turn causes enormous amounts of pollution & global warming

Monday, December 24, 2007
Hyperconsumption, global warming, and the fall of basic-goods buying power among the middle class
(8 comments) American workers are slowly becoming enslaved to the superrich, the rich, & even to our own consumer addictions. The more we work, the more we feel compelled to buy. The more we buy, the more we're compelled to work. Meanwhile our environment suffers the ever worsening consequences. Solution: Allow those who want to, to work, efficiently & cooperatively, only on the production of the basics, which they can then share.

Friday, December 21, 2007
How a state governor was imprisoned with help from Karl Rove
(8 comments) The GOP spent millions of dollars-- state and federal dollars--to remove Gov. Don Siegelman from Alabama politics, and did it with the help of Karl Rove. They wanted Siegelman out of politics because he is honest, can't be bought, won't be part of corrupt government, and is popular with blacks and whites alike. From the courtroom they took him away in shackles, to jail, without even a chance to say goodbye to his family.

Sunday, December 9, 2007
Mortgage Industry Insider Says the Mortgage Mess is Far Far Worse than You Suppose
(23 comments) Now, it takes a $175K annual income to buy a million dollar house, which, before, a $90K income could afford, down from average household income to 10% of households. And inventories are up 500%-- that leaves 90% fewer buyers for five times the number of homes. To get housing moving again rates must drop, which won't happen, or home prices must fall 50%. Things WILL be getting worse.

Thursday, December 6, 2007
The Vile Economic Consequences of Mr. Bush
Repercussions from Bush will be felt beyond the lifetime of anyone reading this page. Our tax code has become hideously biased in favor of the rich; our national debt will probably have grown 70% by the time Bush leaves office; we have a swelling cascade of mortgage defaults and a record near-$850 billion trade deficit, and oil prices higher than ever. We must kick our addiction to oil but are becoming ever more dependent.

Tuesday, December 4, 2007
The Mounting Dangers of America's Burgeoning Debt
How did America, collectively and as individuals, become a nation addicted to debt -- pushed to, and often over, the edge of bankruptcy? The savings rate in America hangs below zero. Personal bankruptcies are reaching record numbers. America's total debt averages more than $160,000 for every man, woman, and child. China holds nearly $1 trillion in US debt. Japan and other countries hold most of the rest.

Tuesday, November 20, 2007
In Preparation for Prosecution and/or Armageddon, Bush Buys 99,000-Acre Ranch in Paraguay
(9 comments) The Bush clan knows that things might go real bad real soon -- both for Georgie, for America, and for the Mideast. Therefore the Bushes are making plans for escape. American men no longer want to serve in Iraq; ever more are deserting and none are enlisting. Result: the Pentagon is desperately trying to recruit Latin Americans to fight this war for us. Meanwhile massive recession looms, largely as a result of oil scarcity.

Wednesday, November 14, 2007
How we could have saved billions with a gasoline tax
(7 comments) If only we could have slapped a "patriot tax" of $1 or more on every gallon of gasoline sold, this would have greatly diminished the transfers of wealth we were making to the very countries who are indirectly financing the ideologies of intolerance that are killing American soldiers. In addition, such a move would have spurred innovation in energy efficiency by U.S. manufacturers.

Saturday, November 3, 2007
Former high-level officials challenge the conventional explanation of how and why the Twin Towers came down
(39 comments) Former high-level CIA officials and military officers now suspect that three World Trade Center buildings came down with the help of powerful explosives and radio-controlled incendiary devices. There is hard new evidence to support this belief presented in this article. Much of it has been documented by Architects and Engineers for 9/11 Truth, and can be seen at their web site, www.ae911truth.org.

Saturday, October 27, 2007
BushCo's Covert Attempt to Force Iraq Into Giving Up 87% of Its Oil
Plenty of evidence, from a variety of sources, that the Bush administration, with the help of the mainstream media, is covertly trying to force Iraq's parliament to sign an oil law that will grant the vast majority of Iraq's oil profits to multinational oil companies.

Saturday, October 20, 2007
Just How Much Trouble is the US Economy In?
Japan and China Lead the Flight from the Dollar. Fears of a Dollar Collapse. Saudis Take Flight. China Threatens "Nuclear Option" of Dollar Sales. Foreign investors flee US securities. Housing slump could trigger recession. Housing starts fall 40% and home foreclosures double. Re: the regulations that will be needed in future, Republicans start talking like Democrats.

Wednesday, October 17, 2007
The FBI knew that the 911 attack was being planned
Evidence that the FBI knew well in advance that the 9/11 attack was being planned. The Philippine National Police found evidence of this planning on the laptop of a Muslim terrorist and forwarded this information to the US Justice Dept.