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(47 comments) SHARE        Saturday, March 29, 2008
Saudi Newspaper: Prepare for radioactive fallout from US nuclear attack on Iran 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.

(15 comments) SHARE        Tuesday, August 9, 2011
Dylan Ratigan: Three Ways Our Government Could Trigger the Creation of Many More Private Sector Jobs in America There are three main components of the US economy that affect and determine the flow of money in or out of our country and thus the number of good jobs that will be generated. They are: Trade, Taxes, and Banking. Let's examine each one and ask what the government might do with each one to trigger the creation of more jobs.

(15 comments) SHARE        Saturday, October 22, 2011
Harvard Professor Jeffrey Sachs Sets Charlie Rose Straight On Our Current Economic Predicament And How To Get Past It Rightwingers say that if we just turn the free enterprise system loose, it will automatically create the kind of civilized society we want. But this is akin to a kind of blind, religious faith. What they fail to understand is that the society will not then have public schools that teach our children, and it will not build the roads and the other infrastructure that a smooth working economy depends on.

(25 comments) SHARE        Friday, February 11, 2011
Our Founding Fathers Would Be Proud of the Egyptian People & Disgusted at the Spineless Sheep Most Americans Have Become Our founding fathers stood up for their freedom, winning it from the British. The Egyptian people have stood up for their freedom, winning it from a dictatorship, finding courage even when Mubarak's thugs flew fighter jets low overhead, beat and murdered protesters, and otherwise threatened violence. Americans, on the other hand, have been cowed into passivity by an irrational fear of terrorism, laziness and mindlessness.

(7 comments) SHARE        Tuesday, September 14, 2010
The Great American Stickup: How Reagan Republicans and Clinton Democrats Enriched Wall Street While Mugging Main Street Bundling mortgages, packaged together and made into securities to sell far and wide, targeting naïve and trusting investors who foolishly thought that their triple-A ratings meant something, comprised a large part of what encouraged all the wild subprime and Alt-A financing. Mortgage brokers couldn't find people fast enough to set up with mortgages. No job, no problem.

(8 comments) SHARE        Monday, December 24, 2007
Hyperconsumption, global warming, and the fall of basic-goods buying power among the middle class 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.

(12 comments) SHARE        Tuesday, March 22, 2011
The War On Truth: 9/11, Disinformation and the Real 'Terrorists' in America This report tars the CIA & FBI, the US & UK, claiming that they either knowingly or unwittingly supported, aided, and abetted terrorists, and that the main purpose for allowing 9-11 to happen was so that it could serve as a rationale and/or cover for: the invasion of Afghanistan and Iraq, the trashing of the Bill of Rights, the clamp down on civil liberties, and the continuing transfer of wealth to the top 1%.

(7 comments) SHARE        Tuesday, July 21, 2009
To what extent do Goldman Sachs and other big banks control Congress, the White House and the stock market? 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.

(2 comments) SHARE        Thursday, October 27, 2011
Economist Ravi Batra Offers Some Political-Economic Insights To The Occupywallstreeters OWS protesters, your efforts can not only determine the outcome of the 2012 elections, they could also end the brutality of the rich & powerful, who are responsible for the sorry state you (and most Americans) are now in. The change you can bring would be tantamount to what Abraham Lincoln did for black Americans. With enough pressure and support from you, Mr. Obama will be moved to help you change this country.

(11 comments) SHARE        Friday, January 27, 2012
Wall Street's Dirtiest Deals Show Why Our Economy Fell Apart After cutting a mile-wide swath of losses through the US economy, helping destroy two venerable firms (Bear and Ambac), bilking the taxpayer for untold millions, this man is also named in a lawsuit filed by the Federal Housing Finance Agency for allegedly speeding bad loans onto securitization before they defaulted, and he is now living the contented life of a proud family man, happily spending the millions he stole.

(24 comments) SHARE        Sunday, November 21, 2010
As the US spirals downward, a growing percentage of Americans seem all too willing to turn a blind eye Why is America such a paradise for high-class thieves? Just look at the way a manufactured movement like the Tea Party corrals and neutralizes public anger that otherwise should be sending pitchforks in the direction of downtown Manhattan. There are two reasons why Tea Party voters will probably never get wise to the Ponzi-scheme reality of bubble economics. One has to do with the basic sales pitch of Tea Party rhetoric

(3 comments) SHARE        Thursday, September 3, 2009
In The Event Of A Contrived Emergency, Plans For A Totalitarian Takeover? 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.

(5 comments) SHARE        Friday, September 25, 2009
Wall Street theft on a scale unimagined, and Obama wants to keep it covered up 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.

(17 comments) SHARE        Saturday, December 17, 2011
Are the Nazi-linked Backgrounds of Some of America's Biggest Corporations a Clue to the Direction We Are Headed? Measures contained in the annual military budget bill strip the FBI, federal prosecutors and federal courts of most of their power to arrest and prosecute terrorists and hands it off to the military. The legislation could also give future presidents the authority to throw American citizens into prison for life, without charges or a trial. The bill was attached to the military budget bill to make it harder for Obama to veto.

(41 comments) SHARE        Thursday, December 6, 2012
What We Could Accomplish in the USA with Interest-Free, Government-Issued Currency Globally, 40% of banks are publicly owned, mostly in Brazil, Russia, India and China. By 2040, the 'BRICs' will overtake the G6. Their banks work for the benefit of the public instead of for banksters. In these nations, there is no inflation & no gov't debt. In the past 24 years, the US has paid $8 trillion in interest on what is now a $15 trillion debt. With publicly owned banks, this loot could have been much better spent.

(5 comments) SHARE        Saturday, January 2, 2010
Big banks bundled toxic debt, sold it to rubes, then bet against it and won big How these disastrously performing toxic securities were devised, and with what ultimate purpose or plan, is now the subject of scrutiny -- by investigators in Congress, at the Securities and Exchange Commission, and at the Financial Industry Regulatory Authority, Wall Street's "self-regulatory" organization.

(2 comments) SHARE        Monday, September 13, 2010
Why most Americans work ever more hours for ever less pay, while for most Europeans it has been exactly the opposite Corporations reaped huge profits from the combination of rising productivity and newly flat wages. Then they realized that they could lend a portion of those profits back to a working class traumatized by now-stagnant wages, so as to enable them to continue consuming more. Instead of paying workers their normally rising wages, they flooded very profitable loans onto desperate but also often financially naive workers.

(13 comments) SHARE        Friday, June 26, 2009
Threats to the American empire, from an engineered bankruptcy? 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.

(17 comments) SHARE        Monday, March 26, 2012
The Coming Financial Collapse in Europe? Between 2008 and 2011, Iceland: a) had its banks default on $85 billion in debt, an amount that is more than 6 times the size of the country's annual GDP ($13 billion). (The debt of most advanced countries is nowhere near that multiple of its GDP.), b) jailed the bankers responsible for committing fraud during the bubble, c) gave Icelandic citizens debt forgiveness equal to 13% of GDP! Greece could do the same, and might.

(9 comments) SHARE        Sunday, October 7, 2012
The Real Republican Agenda Exposed Of the $5.3 trillion in cuts Romney and Ryan have proposed, nearly 2/3rds come from programs for the poor. But when it comes time to eviscerate the rest of the federal budget, i.e. funding for things like drug enforcement and public schools, Congress will never cut those programs that deeply. In other words, the rich will get their tax cuts, the poor will remain destitute, and America will be driven ever deeper into debt.

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