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Articles, videos, and interviews by Rudy Avizius

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POLITICS 101

Great story on why we need to remove ALL of our elected government representatives

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Highly Recommended Video:
Money Is Not Safe In
The Big Banks
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Public Banking Institute
See how this is a solution

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The Economy Will Not Recover Until Fraud Is Prosecuted!
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The Web of DebtThe Web of Debt


The Shocking Truth about Our Money System and How We Can Break Free

This is not a paid advertisement but a strongly suggested reading that explains the debt problem and provides solutions that can help solve our economic and other problems.
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Article List

Economic
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About Us

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Why is this website here?

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You Know a Politician or Talking Head Is Clueless When...
by Rudy Avizius
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Prosperity for Main Street, not Wall Street
by Rudy Avizius
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Money Is Not Safe In The Big Banks
by Rudy Avizius
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How Many Warnings Do You Need?
by Rudy Avizius
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The Trillion Dollar Coin: What You Need To Know
by Rudy Avizius
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If you Like NAFTA, You'll Love TPP
by Rudy Avizius
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A Better Way To Finance Public Projects
by Rudy Avizius
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New World Order Blueprint Leaked
by Rudy Avizius
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The DISEASE is our Monetary System
by Rudy Avizius
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Occupy: Why are they protesting? Video
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The Money Masters Live in Fear
by Rudy Avizius
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Occupy Evictions: Did the Money Masters Win?
by Rudy Avizius
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A Tale of 3 Cities
by Rudy Avizius
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My Night With Occupy Wall Street
by Rudy Avizius
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More, is never enough!
by Rudy Avizius
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The Corporate States of America
by Rudy Avizius
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Symptoms of a Police State?
by Rudy Avizius
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Student Debt Burden Solution Part 1
by Rudy Avizius
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Student Debt Burden Solution Part 2
by Rudy Avizius
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Student Debt Burden Solution Part 3
by Rudy Avizius
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A Better Solution Than TARP
by Rudy Avizius
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How To Make a $Million Dollars
by Rudy Avizius
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Campaign of Misinformation
by Rudy Avizius
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Supreme Court Hands Nation Over to Corporations
by Rudy Avizius
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Are we really getting at the ROOT CAUSE of our economic problems?
by Rudy Avizius
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The Big Picture
Part 1 - How did we get here?
by Rudy Avizius
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The Big Picture
Part 2 - The government response
by Rudy Avizius
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The Big Picture
Part 3 - What can we do?
by Rudy Avizius

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Sucessful parasites do not kill their hosts
by Rudy Avizius
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Too big to fail?
A Mortal Threat to America
by Rudy Avizius
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Economic

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Israel Grants First Golan Heights Oil Drilling License To Dick Cheney-Linked Company
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Capitalism's Deeper Problem
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The Real Purpose Of The IMF
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U.S. Government Ties El Salvador USD 277 M Aid Package to Monsanto's GMO Seeds
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Detroit and Iraq: Plundered by the Same Bandits
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Another Secret Trade Agreement - TISA
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Buying Up the Planet: Out-of-control Central Banks on a Corporate Buying Spree
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The Death Of The Rust Belt
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Extreme Acts of Greed Against the American People
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The New World Order And The Rise Of The East
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Infrastructure Sticker Shock: Financing Costs More Than Construction
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Bilderberg 2014: War Criminals, Big Oil and "Too Big to Jail" Banksters Meet in Secrecy
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U.S. Retail Economic Death Rattle Grows Louder
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The (Other) Truth About The Financial Crisis: 10 "Geithner-Sized" Myths Exposed
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Detroit Statement
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The Privatization Scam: 5 Horror Stories of Gov't Outsourcing to Greedy Private Companies
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Hoenig: Wall Street Banks "Excessively Leveraged" at 22 to 1 Ratios
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Time to Act: Pension Funds are Drying Up
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The Trans-Pacific Partnership Agreement (TPP): When Foreign Investors Sue the State
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World Bank Whistleblower Reveals How The Global Elite Rules The World
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The Global Money Matrix: The Forces behind America's Economic Destruction
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What's the Difference Between Fascism, Communism and Crony-Capitalism? Nothing
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The Hedge Fund Managers Tax Break: Because Wall Streeters Want Your Money
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How to Liberate America from Wall Street Rule
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Fault Runs Deep in Ultrafast Trading
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Is the US or the World Coming to an End?
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Money, Money, Everywhere
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All The Presidents' Bankers: The Hidden Alliances That Drive American Power
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Tax Dodging Companies Hoarding Nearly One Trillion Overseas
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How Wall Street Is Sucking Huge Amounts of Money from Los Angeles
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"Fairy Tale" Economics: "Sovereign Debt Default is Impossible"
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The Fourteen Year Economic Recession
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25 Fast Facts About The Federal Reserve: "Biggest Ponzi Scheme in World History"
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Today We're All Irish: Debt Serfdom Comes to America
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Why commercial banks should support a publicly-owned SuperBank in Florida
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Vermonters Want To Try a New Way of Banking
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Cloudy With a Chance of Radicalism. Or... Turning the Tables on the Big Banks?
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The Real Story Behind the Detroit Pension Fight and What it Means to America's Future
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The Powers and Abuses of America's Mega-Corporations
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The National Debt Cannot Be Paid Off
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State banks would mean jobs, credit and investment: Why don't we?
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How the Credit Card Gravy Train Is Running Over You
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JPMorgan Vice President's Death in London Shines a Light on the Bank's Close Ties to the CIA
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Wall Street Mega Banks Own Tankers, Pipelines, Utilities, Mines, Metal Warehouses – And That's Not the Worst of It
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Who Owns The Federal Reserve?
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The Final Swindle Of Private American Wealth Has Begun
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American Factory Workers Getting $33,029 Yearly Bonuses May Sound Insane, But It's True
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Studies Reveal Consensus: Trade Flows during "Free Trade" Era Have Exacerbated U.S. Income Inequality
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Enough Is Enough: Fraud-ridden Banks Are Not California's Only Option
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The Stealth Privatization of Pennsylvania's Bridges
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How the True Parasites from the Private Sector Suck the System Dry
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Will Digital Currency Replace the US Dollar? Wall Street Strategy to Make Bitcoin the Global Currency?
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Parasitic Derivatives - One Quadrillion Dollars: Too Big to Understand
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For Financial Speculators, Profit Means Plunging the Masses into Crippling forms of Debt
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U.S. Economy 2013 Dense Fog Turns Into Toxic Smog
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Trans Pacific Partnership Is A "Corporatist Power Grab", Shrouded In "Big Brother-Like Secrecy"
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100 Years Is Enough: Time to Make the Fed a Public Utility
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Detroit Bankruptcy Starts Nationwide Public Banking Debate.
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On The 100th Anniversary Of The Federal Reserve Here Are 100 Reasons To Shut It Down Forever
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Dollar Hegemony,"Monetary Geopolitics" and the IMF: The Symbiosis between Global Finance and Power Politics
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Federal Reserve: 100 Years of Failure
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Think Globally, Bank Locally
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83 Numbers From 2013 That Are Almost Too Crazy To Believe
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They're Planning the First Legal "Bank Robbery" in U.S. History
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What the World Could Be: 4 Short Videos to See Economic Solutions
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NSA Inks Landmark Deal to Share Information With Central Banks
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A Hard Lesson from Detroit: They Will Steal Your Pension
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Alaska could walk away from Wall Street with a public bank of its own
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Public Banking Is the Answer
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Bank Deposits Confiscation: The "Cyprus Experiment" and the Launch of a Global Trend
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How Wall Street's New Empire of Rental Homes Could Blow Up the Economy
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The Money Changers Serenade: A New Bankers' Plot to Steal Your Deposits
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The Trans-Pacific Partnership treaty is the complete opposite of 'free trade'
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Wikileaks publishes draft of secretive TPP trade pact
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The Entire Fiat Money System is Bankrupt: Demise of the Global US Fiat Dollar Reserve Currency
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The bank guarantee that bankrupted Ireland, and the solution staring everyone in the face
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Huge Cracks In US Financial Fortress, Petro-Dollar Final Death Throes Stock-Markets
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Debt No More! How Obama can defeat Austerity Thugs by Using the Constitution and Debt-Free Money
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Corporations Ask to Write their Own Regulations via "Trade" Deal
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The Nightmare Scenario: A Repo Implosion
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Enron billionaire expands craven plot to abuse workers
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Report Exposes the Right-Wing Tag Team Plotting Against Pensions
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Protest against the Trans-Pacific Partnership (TPP). Secret Negotiations behind Closed Doors
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Wall Street Predators Wage Secret War on American Retirements
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Financial Armageddon Looting Machine: Looming Mass Destruction from Derivatives
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Looting the Pension Funds
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Cyprus-Style Wealth Confiscation Is Now Happening All Over The Globe
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The Average American Family Pays $6,000 a Year in Subsidies to Big Business
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How Interest Rate Swaps Are Crushing America's Cities
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Verizon's Plan to Break the Internet
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The Armageddon Looting Machine: The Looming Mass Destruction From Derivatives
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NSA Spying Seen Risking Billions in U.S. Technology Sales
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International Criticism Escalates Against TPP as Negotiations Go Further Underground
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Making the World Safe for Bankers: Syria in the Crosshairs
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Canadian Deposits As Safe As Cypriot Deposits
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Greg Palast: Potential Fed Chair Summers at Heart of Global Economic Crisis
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MFGlobal Reveals You Are A Bank Counter-Party
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The Leveraged Buyout of America
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Public Banking Institute Calls Largest Wall Street Banks "Unsafe," and Backs It Up
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Avaricious Brilliance for Economic Disaster
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Pinching Pensions to Keep Wall Street Fat and Happy
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Truthdigger of the Week: Ellen Brown
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Ripping Off Young America: The College-Loan Scandal
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New Monetary Systems for a Sustainable Democracy and "The Great Turning"
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The Cult Of Economic Propaganda
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U.S. threatens to curtail lending in cities that resort to eminent domain
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The "Part Time-ification" of America: How We've Been Conned Again
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The "New Economy" Is The No Jobs Economy
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Detroit is Not Broke!
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he Detroit Bail-In Template: Fleecing Pensioners to Save the Banks
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Green Light for City-Owned San Francisco Bank
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Trash The TPP: Why It's Time to Revolt Against the Worst "Trade Agreement: in History
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19 Reasons To Be Deeply Concerned About The Global Economy
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Meet the Elites Inside the $4 Trillion Global Powerhouse Bank of JP Morgan Chase
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40 Statistics About The Fall Of The U.S. Economy That Are Almost Too Crazy To Believe
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Think Your Money is Safe in an Insured Bank Account? Think Again
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Oligarchs of the New Feudal Order Have Big Plans for You
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The Privatization of War: Mercenaries, Private Military and Security Companies (PMSC)
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How Many Warnings Do You Need?
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The Trans-Pacific Partnership: Global Corporate Coup, Assault on Democracy and National Sovereignty
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Americans! Where's the Outrage Regarding Your Financial Situation?
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Corporations are Colonizing Us with Trade Deals, and Wall Street Wants In
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Transcend Conditioned Consciousness None But Ourselves Can Free Our Minds
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Setting the Record Straight: Did Monsanto Really Buy Blackwater (Xe)?
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The End of Capitalism As We Know It
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Upcoming Trans-Pacific Partnership Looks Like Corporate Takeover
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The True Story of the Bilderberg Group and What They May Be Planning Now
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Are We On The Verge Of Witnessing The Death Of The Paper Gold Scam?
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A Look Back at the Flash Crash of 2010: When Will it Happen Again?
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Financial Experts with Great Prediction Records Are Saying Another Economic Meltdown is Imminent
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Stunning Facts About How the Banking System Really Works … And How It Is Destroying America
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No Bank Deposits Will Be Spared from Confiscation
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Remaking the Federal Reserve, Building Public Banks and Opting Out of Wall Street
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Gold Price Plummet Is Latest AMSCAM Fraud
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Gold Market Price Crash
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Secret Files Expose Offshore's Global Impact
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Winner Takes All: The Super-priority Status of Derivatives
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The Confiscation of Bank Savings to "Save the Banks": The Diabolical Bank "Bail-In" Proposal
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Think Your Bank Deposits Will Always Be 100 Percent Guaranteed by the FDIC? Think Again
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"Be afraid": Pirates in pinstripes
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TransPacific Partnership Will Undermine Democracy, Empower Transnational Corporations
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Yes, We Can Have Banks That Work for the People
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Stunning Facts About How the Banking System Really Works … And How It Is Destroying America
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Do We Really Need the Federal Reserve?
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How the True Parasites from the Private Sector Suck the System Dry
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The Battle of Cyprus: The Long-planned Deposit Confiscation Scheme
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Corporate-Backed Trans-Pacific Partnership Shrouded in Secrecy
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Jim Rogers: Major Crash Ahead For U.S. Investors
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How Deregulation Resurrected American Economic Insecurity
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Lords of Disorder: Billions for Wall Street, Sacrifice for Everyone Else
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How Congress Could Fix Its Budget Woes, Permanently
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Who Controls The Money? An Unelected, Unaccountable Central Bank Of The World Secretly Does
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The "Fiscal Cliff" Is A Diversion: The Derivatives Tsunami and the Dollar Bubble
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UK prepares new law to break up errant banks
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Trillion Dollar Coin: Joke or Game Changer
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Federal Reserve May Pause Quantitative Easing
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Secrets and Lies of the Bailout
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The Financial Elite's War Against the US Economy
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Fix the Debt's New Email: Too Cruel to Laugh, Too Ridiculous to Cry
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Fiscal Cliff: Let's Call Their Bluff!
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The Fiscal Cliff Is A Diversion: The Derivatives Tsunami and the Dollar Bubble
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The Coming Derivatives Panic That Will Destroy Global Financial Markets
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Our Collapsing Economy and Currency
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Goldman Sachs Spreads Its Wings
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CEOs Who Collect Billions In Govt. Money Demand Cuts To Poor, Elderly
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The Trans-Pacific Partnership As A Corporate Coup
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The Fiscal Cliff is a Mole Hill Compared to This
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Why Occupy's Plan To Cancel Consumer Debts Is Brilliant
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Why Bankers Rule the World, It's the Interest Stupid!
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What If We Adopted A System Where The Banks Did Not Create Our Money?
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Central Banks Gold War Begins!
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The Global Banking 'Super-Entity' Drug Cartel: The "Free Market" of Finance Capital
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Voluntary Servitude Begins With Debt
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5 Huge Myths About Social Security
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How Wall Street Hijacked America and Became Master of the Tradable Universe
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Big Bank Derivative Bets Nearly Double In Six Years
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Death Knell For the U.S. Dollar
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Enlightened Economics: There is an Alternative
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Banks Are Setting Us Up for Another Fall
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The Short, Miserable Life of American Prosperity
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TPP - Why So Secret?
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Currency Twisters and Firestorms on Central Banks Obvious Failure
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Greed and Debt: The True Story of Mitt Romney and Bain Capital
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Are Preparations Being Made For Worldwide Financial Collapse?
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What to Do When Every Market Is Manipulated
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America is Not Broke!
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Why The Government Is Destroying The U.S. Dollar
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Goldman Sachs Secretly Believes That An Economic Collapse Is Coming
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Yellow Brick Road: The Fed and A New Path to Debt Freedom
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Are High Frequency Traders Rigging the Stock Market?
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How to Start Your Own Private Currency
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The Gilded Age of Bankers or Banksters
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Titanic Banks Hit LIBOR Iceberg
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The Woes of Regulation
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Extreme Danger Signs
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America the Beautiful: A Fire Sale for Foreign Corporations
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The Trans-Pacific Partnership: A Global Attack by the One Percent
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Trans Pacific Partnership: A Trade Deal From Hell
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The Tiny Tax That Terrifies Wall St
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Ending of Extend and Pretend Means Capital Flight, Capital Controls and Capital Fear
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State Budget Shell Game
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Priceless: How The Federal Reserve Bought The Economics Profession
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The Instant solution to the new Depression: debt-free money
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Recovery or Economic Collapse? Bet on Collapse
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Video: The Debt Trap -- So Easy, Even a 12 year old Understands!
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"Corporate Socialism" alive and well in America
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How States Can Protect Themselves From Financial Collapse
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A Doomsday View of 2012
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The Golden Eye of the Debt Hurricane
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The Who, How, and Why Behind Silver Price Manipulation
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The Banks Win, Again
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Explaining Central Banking to the Publicly Educated
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The Dallas Fed Weighs In With Report on Size of the Big Banks
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The Parasites of Big Finance
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Bernanke Seen Not Knowing Jobless Rate Less Than Fed Predictions
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The Relationships Between Wall Street, the Fed, and Politicians Are Crumbling
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U.S. Economy Extend and Pretend is Coming To An End
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How Greece Could Take Down Wall Street
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Banking on Failure
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Goldman's Blankfein Awarded $7 Million in Stock for '11
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Lessons From MF Global - Is Your Money at Risk?
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Our Next "Lehman Moment" Is Coming Fast
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Wall Street's Ratings Agencies Undermine Europe's Attempt at Economic Recovery Acting Like Financial Terrorists
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The Mystery and Magic of Money
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Plan to Keep Your Assets Safe From an Out-of-control Government
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The Fed Grants $7.77 Trillion in Secret Bank Loans
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Lessons for Europe From Argentina:Testing Ground for Engineering Financial Collapse
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Pathogenesis of Central Bank Ruin
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The Bankers' New Gold
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Pulling Back the Curtain on the Wall Street Money Machine
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Bank's leaked email admits "Occupy movement could impact our industry"
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One Bank to Rule Them All
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The Fed's 16 Trillion Dollar Bailout of the Too Big To Fail Banks
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Bailout Bandits: The Biggest Borrowers From the U.S. Federal Reserve
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Bankers have seized Europe: Goldman Sachs Has Taken Over
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The Hallmark of the Fed is Duplicity, or, What's Risky is Safe
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The Goldman Rule: Don't Let This Puppet Master Pull Your Strings
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Whirlwind Debt Crisis Ensures Gold $2000 Assured
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The 1% are the very best destroyers of wealth
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The Continuing Zombification of the US Economy
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Time to turn outrage over bank fees toward entire financial industry
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The Pentagon's Planet of Bases
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Gold-Buying Restrictions Increase in Europe
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The Need For Monetary Reform
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US Corporations Moving to Offshore Tax Havens
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When using cash is better than credit
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Full-Blown Civil War Erupts On Wall Street
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9 Trillion Dollars Missing from Federal Reserve
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Big Banks Bonus Bonanza
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The Next Financial Crisis Will Be Hellish, And It's On Its Way
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How Deep is the Global Economic Rabbit Hole?
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Debt Debate Shows Need to Re-make Control of Money Supply
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What An American Bank Run Would Look Lik
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Imperial Decline: Multi-Billion-Dollar Terrorists and the Disappearing Middle Class
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Armada of Black Swans Hitting U.S. Economy and Financial Markets
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Global Economic Crisis: Finance Is the New Mode of Warfare
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A Financial Permanent Crisis
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The Great Misdiagnosis of the U.S. Economy, Problem is Insolvency Not Liquidity
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Seven reasons to avoid Wall Street 'protection rackets'
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The American Empire Hangs in the Balance as the ghosts of Roman Emperors Whisper
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Why jobs keep vanishing
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Hyperinflation Special Report (2011)
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A Beginners Guide to Shadow Banking, Financial Crisis and Repo
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The Rich Are Destroying the Economy
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Gold, The Real Reason for the Fall of Dominique Strauss-Kahn
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U.S. Hurtles Toward System Failure
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Nearly Half Of America Says U.S. Nearing Great Depression
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Why Washington Isn't Doing Squat About Jobs and Wages
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Offshoring Has Destroyed the Economy
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The American Manufacturing Crisis and Why it Matters
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The Federal Reserve Destroying the U.S. Empire, A Fistful of Dollars
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Money and The Truth about America
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10 Doomsday trends America can't survive
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Big U.S. Firms Shift Hiring Abroad
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Extend and Pretend is Wall Street Banks Friend
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Globalists Target 100% State Owned Central Bank of Libya
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Secretive Plan For a Global Currency
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Surf Warning: Tsunami to Lift Gold
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US may soon hit several debt walls
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Crank Up the Casino! Wall Street's Newest Ploy to Gorge on America's Economic Suffering
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Why Another Financial Crash is Certain
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More Than Gold and Silver Prices Are Being Manipulated
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Financial Crisis Was Avoidable, Inquiry Finds
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12 Economic Collapse Scenarios That We Could Potentially See In 2011
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Full Spectrum Dominance, The Pathology of U.S. and Global Monetary Policy
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An Open Letter to Washington: How to Slash the Federal Budget Deficit and Save the U.S. Economy
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Geithner Says the US Government Is Bankrupt
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Wall Street's Pentagon Papers: Biggest Financial Scam In World History
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Day of Reckoning Is at Hand!
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Big Risk: $1.2 Quadrillion Derivatives Market Dwarfs World GDP
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America's Second Great Depression 2010 Year-End Update
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Chinese Take-Out Of The U.S. Economy
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Fed Names Recipients of $3.3 Trillion in Crisis Aid
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Destructive Neoliberal Economic Austerity
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QE2 & The Great Misdiagnosis
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Global Financial System Crisis, Collapse in Consumer Spending, Unemployment, Rising Prices
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Gold and Silver Correct From Extremely Overbought Levels, But Too Early for a New Upleg
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The Largest Heist in History Building the Great Pyramid, The Global Financial Crisis Explained
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The Deep Cause Of The Great Financial Crisis: The Peace Diktat Of Versailles
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Gold and the Currency Markets
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Ultimate Bailout: The $100 Trillion Cram Down
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The Credit Meltdown and Wall Street's Shadow Banking System
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The Tax-Cut Racket
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Who Owns the American Dollar?
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Filtering Through the Noise
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Successful Government Economic Policies? For Whom?
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Global Collapse of the Fiat Money System
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Gold and Silver Protection From Economic Cancer and Desperation of QE2
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A Wealthy Economic Stimulus Needed
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Four Deformations of the Apocalypse
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Cut Wall Street Out! How States Can Finance Their Own Economic Recovery
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BP Collapse Potentially More Devastating than Lehman!
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Four Shocking Bombshells Bernanke Did NOT Tell Congress About Last Week
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It’s the End of the World As We Know It
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Stop The Parasites
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The End Game for Wall Street
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Call To Act, Save And Strengthen Financial Reform
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The Big Short - How Wall St Destroyed Main St
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Gold Correction Factors, Hidden Dollar Swap Hammer
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America's Ten Most Corrupt Capitalists
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Take Action! How We Can Save OUR Economy
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The Darkside of the Looking Glass: The Corruption of our Capital Markets
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Crisis expert says derivatives market still 'grave threat'
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Bowing To China: What It Means To Our Future
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Is It Time for Law Abiding American Citizens to Stop Paying Their Taxes and Start a New Government?
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Sultans Of Swap: Fearing the Gearing!
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Will the US Devalue the Dollar?
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Armageddon
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Avoid These Cash Machines
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Obama, Now Fire Geithner and Summers
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Goldman Sachs Front Runs Executive Orders
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Investment Opportunity or Economic Catasrophe? Coming Soon
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The recession is over but the depression has just begun
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A Practical Way to End "Too Big to Fail"
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Taxing the Speculators
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The Economic Crisis and What Must be Done
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Red Alert: The Second Wave of The Financial Tsunami
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Confiscation Through Inflation
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Obama's China Junket: "We're Opening Doors for Wall Street and Nothing More"
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It's Time to End 'Too Big to Fail'
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Goldman Sach’s Undisclosed Role in AIG’s Distress
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U.S. Budget Deficit Debt Crisis, Austrian, East European or Glide Option Solution?
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Cut Wall St Out! How State Can Finance Their Own Recovery
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U.S. Dollar Fiat Reserve Currency Root of the Global Financial Crisis
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Is Your Bank Sitting In the Trillion Dollar Derivative Minefield?
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Fall of the Dollar on G-20 Finance Ministers Agenda
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5 evil things credit card companies can (still) do
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The big picture
Part 3 - What can we do?
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The big picture
Part 2 - The government response
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The big picture
Part 1 - How did we get here?
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Too big to fail? A mortal threat to the nation's economy and national security
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Politics

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N.J. gives $260 million tax break to energy company with political ties
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America's Real Foreign Policy: Global Corporatization by Force
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US War Against Russia Is Already Underway
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How Did the Clintons Become So Rich?
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Western World Is Upside Down
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Mystery Surrounding The Bilderberg Group Conclave
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Let "Dollar" Collapse Or Choose War. Elites Will Opt For War
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The Purchase Of Our Republic
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The Detroit Model: Permanent Rule by the Banks
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False East/West Paradigm Hides The Rise Of Global Currency
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Please Stop Me Before I Vote for a Bought-&-Paid-For Demopublican Again
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Polls: Americans Are Sick of the War On Terror, War On Drugs … And All of the Other Failed U.S. Wars
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Senate Agrees: US People Can't Know Overseas Drone Death Toll
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How the Obscenely Wealthy Are Strangling Our Democracy
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Beware Anything Called Corporate Tax "Reform"
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Banks Have Become the Permanent Government of Europe
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The State, the Deep State, and the Wall Street Overworld
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The "Deep State" - How Much Does It Explain?
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Why the First Issue Is Money in Politics
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Study: Polarization and Gridlock Work Well for Rich Americans
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Divided We Fall: Stop the Corporate Takeover of Our Democracy
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John Kerry vs. Hillary Clinton on the Keystone XL Report
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What a Paul Craig Roberts Administration Would Look Like
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Bipartisan New World Order: Fast Tracking the Trans-Pacific Partnership (TPP)
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TPP Toxicity Grows, We Can Stop It
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After 20 Years of NAFTA Poverty, Lawmakers Move to Fast-Track TPP
<<<
Capitalism in Crisis: Who Are the Real "Takers"?
<<<
Why Political Protests Ultimately Always Fail
<<<
World Bank Whistleblower Reveals How The Global Elite Rule The World
<<<
Americans Are Finally Learning About False Flag Terror
<<<
Hillary Clinton Rakes in Big Money from Two Goldman Sachs Speeches in One Week
<<
Money Corrupting Politics Could Get Even Worse
<<
Americans Are Being Treated to Political Theater: Forget the Government Shutdown – It's About Shutting YOU Down
<<
A Corporate Coup in Disguise
<<
Obama's Friends in Low Places
<<
Draghi's Termination Of Berlusconi Explained: Sylvio Threatened To Leave Euro
<<
How a Koch Brothers "Business League" Spent $236 Million to Frame the Debate
<<
Not Too Big to Jail: Why Eliot Spitzer Is Wall Street's Worst Nightmare
<<
Democratic Establishment Unmasked: Prime Defenders Of NSA Bulk Spying
<<
Prometheus Among the Cannibals
<<
Has Washington's Arrogance Undone Its Empire?
<<
The Court, the Corporate Coup, and the Call to Struggle
<<
Verified Warnings From Former U.S. Presidents About the "Invisible Government"
<<
What Must Be Done About the Monsanto Corporation, and Why
<<
LEAK: U.S. Using Taxpayer Dollars to Promote Monsanto Overseas
<<
Billionaires Unchained: America is a Democracy of the Wealthy
<<
Obama in Plunderland: Down the Corporate Rabbit Hole
<<
Why Does Exxon Control the No-Fly Zone Over Arkansas Tar Sands Spill?
<<
Senate Passes Monsanto Protection Act
<<
Riddled With Corruption: Two More Public Officials "Cash In"
<<
Whiny Billionaires in Need of Sequestration
<<
Meet 6 Politicians Getting Rich from America's Endless Wars
<<
Billionaire Burglar Breaks into Obama's Cabinet
<<
Rumored Treasury No. 2, Lobbied Regulators For Morgan Stanley, A Lot
<<
The Fiscal Cliff, A Self-Created Bi-Partisan Drama
<<
Why Billionaire Political Investors Will Keep Pouring Money Into Politics - Until They're Stopped
<<
Susan Rice, Top Candidate for Secretary of State, Has Millions Tied to Canadian Tar Sands
<<
Elite Intrigues and Military Purges: It's Not About Sex, Stupid!
<<
Americans Proudly Voting for Evil
<<
Why I'm Voting Green
<<
Before the Election was Over, Wall Street Won
<<
Mitt Romney's Bailout Bonanza: How He Made Millions from the Rescue of Detroit
<<
How Do You Take Your Poison?
<<
Feast of Fools
<<<
Where Is the Outrage over Money in Politics?
<<<
Leaked Trade Doc Shows Obama Wants to Help Corporations Avoid Regulations
<<<
Senators Suck Up to Jamie Dimon, Get Paid for It
<<<
State Politicians and the Public Pension Cookie Jar
<<<
The 14 characteristics of Fascism
<<<
Harnessing People Power
<<<
Why Obama's JOBS Act Couldn't Suck Worse
<<<
Partisan Confusion: Outside the Supreme Court While the Health Insurance Mandate is Debated
<<<
A Tangled Web: Who's Making Money From All This Campaign Spending?
<<<
Our Politicians Are Money Launderers in the Trafficking of Power and Policy
<<<
How Super PACs Are Choosing Your Next President
<<<
Obama Nominates Carlyle Group Partner to The Federal Reserve Board of Governors
<<<
Occupy Rigged Elections: A Call for the Second American Revolution in 2012
<<<
The Remarkable Political Stupidity of Wall Street
<<<
Corporate Taxpayers & Corporate Tax Dodgers 2008-10
<<<
Congress is Getting Richer – With Help From Legal Insider Trading
<<<
As Zuccotti Park Is Cleared, Congress Moves to Gut Financial Reform
<<<
To Get Really Rich, Get Elected
<<<
"We the People," Not "We the Corporations"
<<<
The Election March of the Trolls
<<<
Congressional Representatives Charge Constituents for Access
<<<
Ruling on Behalf of Wall Street's "Super Rich": The Financial End Time has Arrived
<<<
The President Surrenders
<<<
Obama's Bad Bargain
<<<
Who Rules America?
<<<
Is the United States a representative democracy or a mirage democracy
<<<
In Two Steps Obama Can Reduce the Influence of Secret Donations in 2012
<<<
It Was the Banks
<<<
The Secret Big-Money Takeover of America
<<<
Do Not Pity the Democrats
<<<
Misreading the Iranian Situation
<<<
Understanding Money and War--Part I
<<<
The Big Picture
Part 3 - What can we do?
<<<
The Big Picture
Part 2 - The government response
<<<
The Big Picture
Part 1 - How did we get here?

<<<

Justice

<<<
Whoa! Big Banks Hit with Monster $250 Billion Lawsuit for Fraud in Housing Crisis
<<<
Senator Elizabeth Warren: High Frequency Trading Is Like the Skimming Scam in the Movie, 'Office Space'
<<<
Snowden Should Refuse to Play "Alice in Wonderland"
<<<
Bank Bailout: Bankster Says Only Gun to Head Will Oblige TARP Repayment
<<<
NSA Whistleblower: Snowden Never Had Access to the JUICIEST Documents
<<<
Eric Holder Announces Task Force To Focus On "Domestic Terrorists"
<<<
Mr Kerry: Here's Why Snowden Cannot 'Make His Case' in 'Our System of Justice'
<<<
Congress Guts Anti-NSA Spying Bill Beyond Recognition; Original Cosponsor Justin Amash Votes No
<<<
They Can't Outlaw The Revolution
<<<
What the 1% Don't Want You to Know
<<<
US Politicians Line Pockets With Funds From Ecuador's Billionaire Bankers on the Lam in US
<<<
Massive new fraud coverup: How banks are pillaging homes — while the government watches
<<<
Los Angeles Municipal Fraud, The Next Battle Against Wall Street?
<<<
We're Losing the Last Shreds of Legal Rights to Protect Ourselves from Oligarchy
<<<
Financial Criminality: Wall Street Manipulates Energy Prices, Gold … and Every Other Market
<<<
Corporate CEOs Demand that they be Tipped Off When a Whistleblower Reports their Crimes
<<<
Wall Street Greed: Not Too Big for a California Jury
<<<
The Global Banking Game Is Rigged, and the FDIC Is Suing
<<<
With McCutcheon Ruling, An Activist Court Opts for Full-On Plutocracy
<<<
Diego Garcia Military Base: Islanders Forcibly Deported
<<<
How (& Why) JPMorgan & COMEX Should Be Sued For Precious Metals Manipulation
<<<
Lights, Camera, Arrested: Americans Are Being Thrown in Jail for Filming Police
<<<
The Stone That Brings Down Goliath? Richmond and Eminent Domain
<<<
The Criminalization of Journalism: Who is Barrett Brown?
<<<
Exxon CEO Profits Huge As America's Largest Natural Gas Producer-But Frack In His Own Backyard And He Sues!
<<<
G-20 Protester's Amazing Statement To Court Before Sentencing
<<<
Company Responsible for West Virginia Chemical Spill Skips Congressional Hearing
<<<
On Death and Derivatives
<<<
Supreme Court denies Family Farmers the Right to Self Defense From Monsanto Lawsuits
<<<
"No, You Cannot Opt Out": 10 NSA Myths Debunked
<<<
Eric Holder Criticized On Anniversary Of Aaron Swartz Death
<<<
In Jail For Being In Debt
<<<
The Detroit "Bankruptcy" Distracts from Attack on Constitution: The Unelected "Czar of Detroit"
<<<
Banker Jail Sentences: Another Lesson For The World From Iceland
<<<
Legal Framework for Big Banks Puts Depositors at Risk
<<<
A Brave Hacker Willing to Spend a Decade in Prison for Exposing the Workings of the Corporate State
<<<
Why Has Nobody Gone To Jail For The Financial Crisis? Judge Rakoff Says: "Blame The Government"
<<<
Jury Nullification Last Refuge for Justice
<<<
Despite Eight Ongoing Criminal/Civil Investigations of JPMorgan, the Bank's a Law Enforcement Partner With the NYPD
<<<
Supreme Court's Choice: Plutocracy or Democracy
<<<
As F.B.I. Pursued Snowden, an E-Mail Service Stood Firm
<<<
New Study Finds That State Crime Labs Are Paid Per Conviction
<<<
When Posting a Website Link is a Crime
<<<
The Sentinel Case – Another Nail in the Coffin of 'Market Confidence'
<<<
The Last Chance to Stop the NDAA
<<<
The Sentinel Case – Another Nail in the Coffin of 'Market Confidence'
<<<
The 11 Most Bizarre SWAT Team Raids
<<<
Why the JPMorgan Criminal Case Matters to You
<<<
NSA broke privacy rules thousands of times per year: Report
<<<
Seven Things You Wanted to Know About Prosecuting Wall Street
<<<
Shot to Death by Police for Betting on a Football Game? The Rise of Paramilitary Force in America
<<<
Philadelphia Sues Big Banks Over Swaps Losses
<<<
The Business of Mass Incarceration
<<<
NSA Says It Can't Read Its Own Emails
<<<
Feds put heat on Web firms for master encryption keys
<<<
NSA Phone Snooping Cannot Be Challenged in Court, Feds Say
<<<
NSA warned to rein in surveillance as agency reveals even greater scope
<<<
Surveillance Blowback
<<<
In 'Chilling' Ruling, Chevron Granted Access to Activists' Private Internet Data
<<<
How Microsoft handed the NSA access to encrypted messages
<<<
Encroachment upon Basic Freedoms, Militarized Police State in America
<<<
Snowden asylum in Ecuador dead - the intrigue
<<<
Is NSA Blackmail Inc. for the U.S. Military Industrial Complex?
<<<
This Really is Big Brother: The Leak Nobody's Noticed
<<<
Take A Break From The Snowden Drama For A Reminder Of What He's Revealed So Far
<<<
The Supreme Court Just Made It Easier for Big Business to Screw the Little Guy
<<<
Revealed: the top secret rules that allow NSA to use US data without a warrant
<<<
The Whistleblower's Guide to the Orwellian Galaxy: How to Leak to the Press
<<<
What is the Real Reason the Government is Spying on Americans?
<<<
The Shocking Story Behind "News Feed Trading"
<<<
Government Says Secret Court Opinion on Law Underlying PRISM Program Needs to Stay Secret
<<<
The Essence of DNA Identity
<<<
The Judicial Lynching of Bradley Manning
<<<
'Beyond Orwellian': Outrage Follows Revelations of Vast Domestic Spying Program
<<<
We're Being Watched: How Corporations and Law Enforcement Are Spying on Environmentalists
<<<
Here's Why The World's First Central Banker Got The Death Penalty
<<<
The Real Numbers: Half of America in Poverty -- and It's Creeping toward 75%
<<<
Argentina's General Videla and the "War on Terror"
<<<
Why Are Homeowners Being Jailed for Demanding Wall Street Prosecutions?
<<<
The Vicious New Bank Shakedown That Could Seriously Ruin Your Life
<<<
It's Enough to Make Your Blood Boil
<<<
How the US Turned Three Pacifists into Violent Terrorists
<<<
Justice Department's Pursuit Of AP's Phone Records Is Both Extreme And Dangerous
<<<
An Easy, 4-Step Method to End Corporate Personhood
<<<
Why Such Secrecy About private Military Contractor at the Boston Marathon?
<<<
Boston Bombing: MSM Creates New Official Story – Video of Dzhokhar Planting Bomb is Forgotten
<<<
Italian Supreme Court President Blames Bilderberg For Terrorist Attacks
<<<
As economy flails, debtors' prisons thrive
<<<
Secret FDIC Plan to Loot Bank Accounts
<<<
Bradley Manning & The Deepwater Horizon
<<<
Private Prisons and the Enslavement Society
<<<
Obama's Financial Crimes Enforcement Network Protects Bank Fraud and Insider Trading
<<<
That's why they call it a Police State
<<<
Eric Holder Enables Dishonesty, Fraud and Likely Criminal Activity on Wall Street
<<<
Eric Holder Exposes A Nation of Law, Going Lawless
<<<
US 'Corporate Tax Dodgers' Keeping More Money Overseas
<<<
Big Bank Immunity: When Do We Crack Down on Wall Street?
<<<
The Premise of Digital Surveillance Precludes Scholarship
<<<
We Are Bradley Manning
<<<
Monsanto's Patents on Life
<<<
Bank of America Bombshell: Whistleblowers Reveal Coverup and Massive Borrower Harm
<<<
The Execution of Christopher Dorner
<<<
The LAPD Got their Man How They Wanted Him: Dead
<<<
The NDAA and the Death of the Democratic State
<<<
The Real History of US CIA 60 Year Aggression Against Iran
<<<
Big Banks Get Tax Break On Foreclosure Abuse Deal
<<<
Carmen Ortiz And Stephen Heymann: Accountability For Prosecutorial Abuse
<<<
Aaron Swartz's Thought Crime Was Tragically Treated Like Real Crime
<<<
Two New Fraud Deals Show Wall Street's Washington Insiders At Work
<<<
Washington's jaw drops at possibility of AIG lawsuit
<<<
The Lie that Prosecuting Bank Fraud Will Destabilize the Economy Is What Is REALLY Destroying the Economy
<<<
Occupy Heavily Monitored for Potential Criminal Activity, HSBC Slapped on the Wrist for Actual Criminal Activity
<<<
The Final Battle
<<<
Long History of HSBC Money Laundering
<<<
CIA 'tortured and sodomized' terror suspect, human rights court rules
<<<
SWAT Teams Arrest Peaceful People Resisting Eviction in Idaho Springs, CO
<<<
In Washington, Fear the Silence, Not the Noise
<<<
Spain Police Beating Everyone: A Warning To America
<<<
Woman Arrested for Trespassing on Her Own Land
<<<
The NDAA Decision and the Unknown Power of Obama
<<<
The Real Drug Kingpins are on Wall Street
<<<
9 Frightening Things About America's Biggest Police Force
<<<
The Federal Reserve, a Privately Owned Banking Cartel, Has Been Given Police Powers, with Glock 22s and Patrol Cars
<<<
Unlike Afghan Leaders, Obama Fights for Power of Indefinite Military Detention
<<<
Why There's No Jail Time for Wall Streeters
<<<
House Approves Sweeping, Warrantless Electronic Spy Powers
<<<
Bankruptcy for Billionaires
<<<
The Sentinel Case – Another Nail in the Coffin of 'Market Confidence'
<<<
Corporate Crime Does Pay
<<<
The Pursuit of Julian Assange is an Assault on Freedom and a Mockery of Journalism
<<<
Classified Life: Sibel Edmonds' Story
<<<
Economic Collapse, We Still Don't Get It
<<<
It's Game Over, Goldman Sachs Has Won
<<<
The Ascendancy of a Criminal Financial Elite
<<<
Eric Holder to US: Nothing To See On Wall St, Just Move Along
<<<
The LIBOR Scandal Explained
<<<
Freedom of Assembly in Charlotte NC?
<<<
Occupy Wall Street Protests Need Outside Review On NYPD Abuses: Lawyers' Group
<<<
Iceland Has Jailed Bankers. Why Can't We?
<<<
This Global Financial Fraud and its Gatekeepers
<<<
The Wall Street Scandal of All Scandals
<<<
The Spreading Scourge of Corporate Corruption
<<<
Assange's Last Stand
<<<
LIBOR Exposure Of Banker Corruption, Bank Of England And U.S. Fed Both Implicated
<<<
The Scam Wall Street Learned From the Mafia
<<<
Members of Senate Banking Committee Will Question Their Top Donor: JP Morgan Chase
<<<
35,948 Arrested Yesterday
<<<
Know Your Rights When Recording Police
<<<
American Arrested Using Predator Drone, Had Rights Violated, Lawyer Says
<<<
Washington Leads The World Into Lawlessness
<<<
Citizens United 2.0, Expected to Hit the Supreme Court in Early 2013
<<<
As Occupy Arrestees Arraigned, Iris Scans Affect Bail
<<<
How Does a 'Common Citizen' Know If They Can Be Target of NDAA?
<<<
The Polite Conference Rooms Where Liberties Are Saved and Lost
<<<
Four Whistleblowers Who Sounded the Alarm on Banks' Mortgage Shenanigans
<<<
Former NSA Official's Advice to Fellow Whistleblowers: "You Better Lawyer Up"
<<<
Obama Executive Order: Peacetime Martial Law!
<<<
Evolving Global Financial Crisis: Selling "Foreclosed Homes"
<<<
Politicians Won't Return Ponzi Payoffs
<<<
Will Wall Street Ever Face Justice?
<<<
The NDAA: A Clear and Present Danger to American Liberty
<<<
Goodbye, First Amendment: 'Trespass Bill' will make protest illegal
<<<
The 50-State Foreclosure Settlement, Why Hasn't Anyone Gone to Jail?
<<<
After MF Global, Are your funds safe?
<<<
Mortgage settlement is great — for politicians and banks
<<<
Why the Foreclosure Deal May Not Be So Hot After All
<<<
U.S. Home Foreclosures and Shadow Banking: Why All the "Robo-signing"?
<<<
SOPA, PIPA, The State of US Surveillance
<<<
Obama Orders Military-Police Department Joint Exercises in Los Angeles, Other Cities
<<<
A Web of Financial Fraud and Criminality: America's Shadow Banking System
<<<
Occupy The Justice System: Jury Nullification
<<<
A Rare Look Inside Our "Humane" Immigration Jails
<<<
MF Global & Government-Sponsored Theft
<<<
Three myths about the detention bill
<<<
Cities that broke up Occupy camps now face lawsuits over free speech, use of force
<<<
The NDAA Repeals More Rights
<<<
CIA won't disclose possible involvement in Occupy crackdowns
<<<
America Just Says No to the Rule of Law
<<<
Senators Who Love the Government But Hate America
<<<
Busted for tweeting
<<<
The Money Masters: Behind the Global Debt Crisis
<<<
The US National Security Smokescreen
<<<
Senators Demand the Military Lock Up American Citizens in a "Battlefield" They Define as Being Right Outside Your Window
<<<
Investors lost $700M in Citigroup deal, SEC says
<<<
Did You Hear the One About the Bankers?
<<<
Occupy Oakland Police Brutality YouTube videos stay after police demands to delete
<<<
NYPD fabricated drug charges against innocent people to meet arrest quotas
<<<
NYPD Reportedly Targeting Photographers At Occupation Of Wall Street
<<<
Welcome to Boston, Mr. Rumsfeld. You Are Under Arrest
<<<
NYC arrests people for wearing masks
<<<
Obama Goes All Out For Dirty Banker Deal
<<<
Secret Libyan files claim MI6 and the CIA aided human rights violations
<<<
Letter from Prison: Tim DeChristopher Speaks
<<<
Obama administration pressures NY Attorney General to let banks off easy
<<<
Evidence Banks Bought Off Washington
<<<
Is the SEC Covering Up Wall Street Crimes?
<<<
Banks still robo-signing, filing doubtful foreclosure documents
<<<
15 Years in Prison For Taping the Cops?
<<<
The Sentencing of Tim DeChristopher Highlights the Conflict Between the People and Corporate-Government
<<<
Tim DeChristopher's courageous bid to save our world
<<<
Letting Bankers Walk
<<<
Mounting Evidence that Dominique Strauss Kahn was Framed
<<<
The Corrupt Corporate Incarceration Complex
<<<
The People vs. Goldman Sachs
<<<
IMF Chief Strauss-Kahn Caught in "Honey Trap"
<<<
Beyond ForeclosureGate – It Gets Uglier
<<<
Private Corporate Court System
<<<
Throw Out the Money Changers
<<<
Silver Shocker
<<<
The Ten Reasons The Banksters Get Away With It
<<<
Wells Fargo Meeting Today With Philly Homeowner Who "Foreclosed" On Them (Here's How He Did It)
<<<
Probe of Mortgage Official Is Said to Be Dropped
<<<
Why Isn't Wall Street in Jail?
<<<
Failing to Prosecute Wall Street Fraud is Extending Our Economic Problems
<<<
Ex-Swiss Banker Gives Data to WikiLeaks
<<<
Wikileaks: Bradley Manning and the Rule of Law
<<<
Rough Justice in America
<<<
A Secretive Banking Elite Rules Trading in Derivatives
<<<
The Gulf of Mexico is Dying
<<<
Towards Martial Law in America: Authority to Deploy Troops Domestically during 'National Emergencies'
<<<
Financial Fraud in Germany, Deutsche Bank and the US Mortgage Scam
<<<
Sooner or later, marijuana will be legal
<<<
Is Justice for Sale?
<<<
CFTC Gets Facts of Bullion Manipulation
<<<
High Frequency Financial Terrorism, Wall Street Bankster's Maintain Death Grip on United States
<<<
Gold and Silver Price
Manipulation
<<<
Why Is the Whistleblower Who Exposed the Massive UBS Tax Evasion Scheme the Only One Heading to Prison?
<<<
It Is Now Official: The U.S. Is A Police State
<<<
AIG Secret Deals Conspiracy Starting to Unravel
<<<
Pirates of the COMEX
<<<
Wall Street's Naked Swindle
<<<
WaMu: One Year Later and Still No Indictments
<<<
Massive Relief for U.S. Homeowners and Trouble for the Banks
<<<
The Big Takeover
<<<
Criminal Banks and Brokers Continue To Ply Their Trade
<<<
FEMA CONCENTRATION CAMPS: Locations and Executive Orders
<<<

Social

<<<
How All of Us Are Paying a Heavy Price for Corporate Greed
<<<
The Stealing of America by the Cops, the Courts, the Corporations and Congress
<<<
The Rise of the Non-Working Rich
<<<
Servants of Power: Higher Education in an Era of Corporate Control
<<<
Was the Department of Defense Behind Facebook's Controversial Manipulation Study?
<<<
The Pitchforks Are Coming… For Us Plutocrats
<<<
Sarajevo Is The Fulcrum Of Modern History: The Great War And Its Terrible Aftermath
<<<
The open source revolution is coming and it will conquer the 1% - ex CIA spy
<<<
The Surveillance/Police State - Assisting the Dismantling of Inalienable Rights
<<<
$1 Million A Month - What Ex-NSA Chief Alexander Charges Wall Street For "Advice"
<<<
Debt, Civic Decay, Global Disorder - Fourth Turning Accelerating
<<<
5,000 Years of History Shows that Mass Spying Is Always Aimed at Crushing Dissent
<<<
10 Disgustingly Rich Companies That Will Do Anything To Avoid Paying Taxes
<<<
Florida Couple Fined $746 For Crime Of Feeding Homeless People
<<<
The Social Cost of GMOs
<<<
Why Propaganda About Generational Warfare Is Dangerous and Wrong
<<<
How the Middle Class Lifestyle Became Unaffordable
<<<
Technology and the Future of Jobs
<<<
Five Stunning Facts About America's Prison System You Haven't Heard
<<<
Suspicious Deaths of Bankers Are Now Classified as "Trade Secrets" by Federal Regulator
<<<
An Open Letter to Sam Zell: Why Your Statements are Delusional and Dangerous
<<<
Global Rankings Study Depicts an America in Warp Speed Decline
<<<
Neoliberalism and the Machinery of Disposability
<<<
Recipie For Revolt: America is Wealthier But Americans Are Poorer
<<<
'Just Salute and Follow Orders': When Secrecy and Surveillance Trump the Rule of Law
<<<
More Americans Killed By Police Than By Terrorists: With Crime Down, Why Is Police Aggression Up?
<<<
The Poisons of Extreme Wealth and Inequality
<<<
How the NSA Plans to Infect 'Millions' of Computers with Malware
<<<
The World's Coming Trillionaires
<<<
Meet the Company That Can Track Everywhere You've Been and Tell Police About It
<<<
The Conspiracy Theory Is True: Agents Infiltrate Websites Intending To "Manipulate, Deceive, And Destroy Reputations"
<<<
LAPD Goes to Israel, Falls in Love With Drones and Mass Surveillance
<<<
Inequality worse now than on 'Downton Abbey
<<<
Privatized Government Services Lead to Millions for Corporate CEOs
<<<
The Spoils of War: Afghanistan's Multibillion Dollar Heroin Trade
<<<
The Devil's 2014 Missive To His Minions
<<<
Feeding the World - or feeding the Corporations?
<<<
It Doesn't Have To Be This Way
<<<
The 20 Richest Americans: Takers, Not Makers
<<<
Report:State of Power, Exposing the Davos Class
<<<
Davos' Elite Message Deserves 'Fierce Resistance' Not Applause
<<<
The Global Plutocracy
<<<
Popular Manifesto: Solutions For Restoring The United States
<<<
Five Economic Reforms Millennials Should Be Fighting For
<<<
Burning Down The House
<<<
Your USB cable, the spy: Inside the NSA's catalog of surveillance magic
<<<
A New Way Of Defining Wealth
<<<
The NSA is Building the Foundation for a Global Police State
<<<
2014 Will Bring More Social Collapse
<<<
NSA intercepts computer deliveries to plant spyware
<<<
Hope and Defiance - A Lot of Hope is Dangerous
<<<
The Reaping of Wealth, Bread, Circuses & Reality TV
<<<
Pension Theft: Class War Goes to the Next Stage
<<<
Chomsky: It Is All Working Quite Well for the Rich, Powerful
<<<
The Tribal Mentality Indoctrinating Individuals into the Tribe's Beliefs Politics
<<<
6 Signs Our Culture Is Sick With Greed
<<<
Decline of the American Empire? Global Configurations of Power, The Swindle Economy and the Criminal State
<<<
A Corporate Coup in Disguise
<<<
End the 1 Percent's Free Ride: Taxing Land Would Solve America's Biggest Problems
<<<
The Dark Heart Of Centralized Power
<<<
The Internet Is Now Weaponized, And You Are The Target
<<<
9 Out Of 10 Americans Are Completely Wrong About This Mind-Blowing Fact
<<<
The Shamelessness of Bankers
<<<
The Illusion of Freedom - Democracy, Religion, Science and Propaganda
<<<
The Hegelian Dialectic and its use in Controlling Modern Society
<<<
America's Culture of Ignorance Politics
<<<
Global Wealth and Inequality: Towards a World of Super Rich "Trillionaires" Amidst Mounting Poverty
<<<
There Is a Vast Oligarch Conspiracy Afoot to Destroy the Retirement Plans of Millions of Workers
<<<
Martial Law and the Economy: Is Homeland Security Preparing for the Next Wall Street Collapse?
<<<
30 Mindblowing Statistics About Americans Under The Age Of 30
<<<
The "Hyper-meritocracy" – an Oxymoron Led by Criminal Morons
<<<
Understanding the Cancer Stage of Capitalism
<<<
Government Standards Agency "Strongly" Suggests Dropping its Own Encryption Standard
<<<
At World's End - The Five Stages of Collapse
<<<
Why Worry About Total Surveillance When You're Just An Ordinary Joe?
<<<
From Spying on "Terrorists Abroad" to Suppressing Domestic Dissent: When We Become the Hunted
<<<
Monsanto's GMO Feed Creates Horrific Physical Ailments in Animals
<<<
Midway: A Short Film
<<<
Shocking 'Extermination' Fantasies By the People Running America's Empire on Full Display at Aspen Summit
<<<
Count Yourself Among The Poor!
<<<
How Giant Tech Firms Help the Government to Spy on Americans
<<<
Where the Hell Is The Outrage?
<<<
Genetically-modified Rice Trials in U.S. Contaminate World's Rice Supply
<<<
12 Real Patriots Brave Enough to Fight for Truth and Justice
<<<
There's a New Fascism on the Rise, and the NSA Leaks Show Us What It Looks Like
<<<
Big Lie: America Doesn't Have #1 Richest Middle-Class in the World...We're Ranked 27th!
<<<
The $385 Billion Military-Industrial Boondoggle You've Never Heard Of
<<<
Transcend Conditioned Consciousness None But Ourselves Can Free Our Minds
<<<
10 Signs That You're Fully Awake
<<<
How Can Wal-Mart REALLY Help Improve Our Schools?
<<<
The End of the Beginning of the End
<<<
Get Apocalyptic: Why Radical is the New Normal
<<<
The New Crime of Eating While Homeless
<<<
Military Quietly Grants Itself the Power to Police the Streets Without Local or State Consent
<<<
Round the Clock Surveillance: Is This the Price of Living in a "Free, Safe" Society?
<<<
'Police State' Registry System Being Set Up to Track Your Vaccination Status
<<<
Bringing Young and Old to the Climate Fight
<<<
Fearlessness Grows From the Grass Roots: US Protest Movement against the Banksters
<<<
The United States Is Fighting How Many Wars?
<<<
How Class Works
<<<
Resource Shock: How Resource Scarcity and Climate Change Could Produce a Global Explosion
<<<
Lockdown, USA: Lessons From the Boston Marathon Manhunt
<<<
Economic and Social Abnormality Reigns, American's Loving Their Servitude
<<<
America's New Math: 1 Wall Street Hour = 21 Years of Hard Work For the Rest of Us
<<<
The Corporate Betrayal of America -- Ripping off the Public, Running off with the Profits to Avoid Taxes
<<<
"American Dream": Food loaded into Dumpsters while Hundreds of Hungry Americans Restrained by Police
<<<
Ten Ways That Each of Us Can Take Back Control From Wall Street
<<<
Only Wall Street Wins in Detroit Crisis Reaping $474 Million Fee
<<<
16 Giant Corpoporations Stopped Paying Taxes While Also Cutting Jobs!
<<<
Researchers Find German-Made Spyware Across Globe
<<<
A Better Plan Than 'Endless Growth': Enough Is Enough
<<<
No Sanctuary in the Ivory Tower
<<<
Scorecard: How Many Rights Have Americans REALLY Lost?
<<<
Why The Banking Elite Want Riots in America
<<<
Watch Out -- The Drones Are Coming Home To Roost
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How to Spot -- and Defeat -- Disruption on the Internet
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"I want my fair share--and that's ALL OF IT": The Kochs & the XL Pipeline
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The Extremist Cult of Capitalism
<<<
The Institutionalization of Tyranny
<<<
A loss to the World: The Death of Aaron Swartz
<<<
The Digital Disruption: Technology and Economics for the 99%
<<<
Obedience To Authority, Should We Trust The Government?
<<<
Genetic Engineering and the GMO Industry: Corporate Hijacking of Food and Agriculture
<<<
Profiting from Your Thirst as Global Elite Rush to Control Water Worldwide
<<<
The Cashless Society is Almost Here – And With Some Very Sinister Implications
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The US Is Now a Police State
<<<
Stand Still for the Apocolypse
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DHS to Double US Drone Fleet
<<<
Wall Street Uses the Third Way to Lead Its Assault on Social Security
<<<
Yes, the FBI and CIA can read your email. Here's how
<<<
From KXL Pipeline-Lies, Cover-up,Corruption Equal.... Environmental DISASTER!
<<<
10 Filthy-Rich, Tax-Dodging Hypocrites Pushing Disastrous Austerity on America
<<<
American Empire: A Disaster on Autopilot
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The Great American Empire - Decline, Decay, Denial, Delusion & Despair
<<<
Wall Street's War Against the Cities
<<<
Arctic Ice Melt, Psychopathic Capitalism and the Corporate Media
<<<
DHS 'fusion centers' portrayed as pools of ineptitude, civil liberties intrusions
<<<
Occupy My Foreclosure
<<<
WikiLeaks: US Ambassador Planned "Retaliation" Against France Over Ban on Monsanto Corn
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Seven Examples of a "Police State," and How They Are Appearing in the US
<<<
Revolt of the Rich: Have Our Financial Elites Already Seceded from America?
<<<
Craving for More and More Wealth. Refusing Capitalism
<<<
Five Looming Curses of Privatization
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Civil Disobedience Actions Blockade Entrance to Site of TPP Negotiations in VA
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Re-Defining the First Amendment....with COPS!
<<<
Bill Gross: "Normal" Economic Growth Impossible Now
<<<
How Your Movements Are Being Tracked, Probably Without Your Knowledge
<<<
The RNC Arrives in Tampa and With It, Martial Law
<<<
Mega-Million CEOs: Our Tax Dollars at Work
<<<
WIKILEAKS: Surveillance Cameras Around The Country Are Being Used In A Huge Spy Network
<<<
America's Descent Into Darkness
<<<
The Impending Collapse of American Medicine
<<<
Goldman Sachs's New York Prison Deal Saves All the Risk for the Taxpayer
<<<
The CEO Plan to Steal Your Social Security and Medicare
<<<
Privatization: The Big Joke That Isn't Funny
<<<
Betrayal of the American Dream
<<<
The Careerists
<<<
CIA Outsources Assasination Squad to Blackwater
<<<
America's Drones Are Homeward Bound
<<<
Here is Why Our Elites are Not Fixing the Economy
<<<
Pensions Under Attack in America
<<<
Profit Driven Prison Industrial Complex: The Economics of Incarceration in the USA
<<<
A Wall Street Gambling Tax: The Remedy to Inequality
<<<
New World Order Blueprint Leaked
<<<
America's Student Loan Racket
<<<
Five Facts That Put America to Shame
<<<
The Revolution Will Not Be Televised: Quiet Drama in Philadelphia
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America's Downward Social and Economic Spiral
<<<
Colonized by Corporations
<<<
How to Destroy Education While Making a Trillion Dollars
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U.S. Gov't Making Preperations for Expected Major Social Unrest Next Year
<<<
The Inequity of Private-Equity Hustlers
<<<
Five Reasons Why The Very Rich Have NOT Earned Their Money
<<<
National Security Agency Whistleblower William Binney on Growing State Surveillance
<<<
The Prison Labor Complex
<<<
Wall Street's Massive Freak Out When Asked to Pay Their Fair Share
<<<
The United States is Run by Sociopaths, Economics and Evil
<<<
How the US Uses Sexual Humiliation as a Political Tool to Control the Masses
<<<
Cracks in the Pillars of Power
<<<
Wells Fargo's prison cash cow
<<<
Thirteen Ways Government Tracks Us
<<<
The "Cashless Society" and Total Monetary Surveillance
<<<
Have You Posted Your Pictures on the Internet? Invasive Surveillance Technology Awaits
<<<
The Ascendence of Sociopaths in US Governance, How to Surive What's to Come
<<<
How To Bring Down the System, Any System, Non-violently
<<<
Occupy Miami Raided, SWAT Team Draws Weapons on Children
<<<
Why Greg Smith Is 'Dead Right' About Goldman Sachs
<<<
Why I Am Leaving Goldman Sachs
<<<
Don't Tell Us It's Not a Class War
<<<
Our Depraved Future of Debt Slavery
<<<
Drones Come to the US
<<<
How to Radicalize a Moderate
<<<
Central Banks Financial Terrorism
<<<
Economist: NATO/G8 Summits Could Be A Disaster
<<<
How the Swedes and Norwegians Broke the Power of the "1 Percent"
<<<
The Middle Class Disappears, Rise of the Praetorian Class
<<<
2012 – The Year Of Living Dangerously
<<<
Report: Big Bank Bonuses in 2011
<<<
The Outlook for the New Year, Tyranny in the Forecast
<<<
Are You Being Tracked? 8 Ways Your Privacy Is Being Eroded Online and Off
<<<
America's Best Kept Secret: Rising Suburban Poverty
<<<
Local police stockpile high-tech, combat-ready gear
<<<
Bankers Rule the World: "The Network of Global Corporate Control"
<<<
Legislating Tyranny in America, Orwell and Beyond
<<<
E-Voting System "Remotely Accessed" on "Multiple Occasions" by Unknown Computer
<<<
Occupy is Not Just About Occupying
<<<
How to Survive and Prosper in the Coming Financial Meltdown
<<<
The Zero Point of Systemic Collapse
<<<
American's Comfortably Numb on the Highway to Economic Collapse
<<<
This Changes Everything: How the 99% Woke Up
<<<
The Shocking Truth About the Crackdown on Occupy
<<<
More on Police Departments' Collusion in Defense of 1%: Who's the Organization Coordinating Those Crackdown Calls?
<<<
Occupy Seattle - Message From Minister Who Was Pepper Sprayed
<<<
With People in the Streets, 1 Percent Congress Continues to Push Austerity
<<<
U.S. Millennial Generation Battles Against Wall Street Modeled on Egypt and Tunisia Protests
<<<
Communicating via People Pedal Power
<<<
Wall Street Firms Spy on Protesters in Tax-Funded Center
<<<
Under pressure to make arrests, police and troopers push back
<<<
How Can We Rouse Police and Other Protectors of the Corporatocracy -- "Guards" of the Status Quo -- to Join the OWS Rebellion?
<<<
The Natural Course of the US Empire
<<<
My Night With Occupy Wall St
<<<
German officials admit using spyware on citizens, as Big Brother scandal grows
<<<
Occupy Movement Has No Message?
<<<
The US Empire: A Tragic Comedy in Three Acts
<<<
Wall Street Protests Get Specific: Could "Bank Transfer Day" Pit Americans Against Their Big Banks?
<<<
Why the Elites Are in Trouble
<<<
The Big Banks Lose Control of the Optics
<<<
The Best Among Us
<<<
National Security Lab Hacks Diebold Touch-Screen Voting Machine
<<<
Attica's 40th Anniversary: Still on the Wrong Road
<<<
#OccupyWallStreet Is More Than a Hashtag - It's Revolution in Formation
<<<
A Huge Housing Bargain — but Not for You
<<<
Capital gains tax rates benefiting wealthy feed growing gap between rich and poor
<<<
Tax the super-rich or riots will rage in 2012
<<<
The Cost of 9/11 — in Dollars
<<<
Labor's Demise As A Countervailing Power
<<<
Can the Middle Class Be Saved?
<<<
As America's Economy Collapses, "New Normal" Police State Takes Shape
<<<
British Riots: Elites "Shocked" The Poor Are Rising Up Against Brutal Austerity Measures
<<<
Stop Coddling the Super-Rich
<<<
Food stamp use rises to record 45.8 million
<<<
The Food Crisis War Endgame
<<<
The Legislation That Could Kill Internet Privacy for Good
<<<
The War on You
<<<
Debt Ceiling Crisis Objective is to Scrap Social Security and Medicare
<<<
The Debt Ceiling, Imposing a Radical Pro-Rich Agenda
<<<
21st-Century Slaves: How Corporations Exploit Prison Labor
<<<
Austerity and Deficit Hawks Say, "Let Them Eat Cake,"
The People Will Say, "Off With Their Heads"
<<<
What Happened to the $2.6 Trillion Social Security Trust Fund?
<<<
Is the Debt Crisis Just Another Trumped Up Scam to Steal Social Security?
<<<
Tax Rates of the Super-Rich: Not as High as Those Making Much Less
<<<
Executive Pay Up 23 Percent Over Last Year
<<<
One Small Town in America Quietly Enjoys the Health Care Most Americans Only Dream of
<<<
Get Ready to be Financially Conscripted into Financial Repression
<<<
State of New Jersey throws pensioners under the bus
<<<
Will The Banksters And The Corporatocracy Eventually Own It All?
<<<
Congress gets richer in bad economy
<<<
Third World America 2011, We've Arrived
<<<
The Earth Is Full
<<<
The $2.5 Trillion Tragedy
<<<
Our Fantasy Nation?
<<<
Hospital Accounting: It's Complicated
<<<
US army of fakes tracks Facebook users
<<<
Europe Replacing Economic Democracy with Financial Oligarchy
<<<
Welcome to the Soviet States of America 2011
<<<
The Corporate States of America
<<<
United States on the Road to Ruin, Your Trigger Points
<<<
Why you should move your money
<<<
10 Steps to Defeat the Corporatocracy
<<<
Tax Rates of the Super-Rich: Not as High as Those Making Much Les
<<<
How the McEconomy Bombed the American Worker
<<<
The Xtremes: Subversive Recipes for Catastrophic Times
<<<
Only Little People Pay Taxes
<<<
The Real Housewives of Wall Street
<<<
U.S. Downward Debt Spiral Into the Abyss
<<<
This Is What Resistance Looks Like
<<<
Class Warfare Scoreboard : Guess Who's Winning?
<<<
American Workers Got What They Deserved
<<<
The Collapse of Globalization
<<<
HOURLY RATES - A Modest Essay about Extraordinary Paychecks
<<<
U.S. Super-Rich the Greatest Living Parasites Flourish as Inequalities Deepen
<<<
The Gathering Political and Economic Storm
<<<
Stealing from Social Security to Pay for Wars and Bailouts
<<<
America is NOT broke!
<<<
Amnesty for the Banksters, Debtor's Prison for the Serfs
<<<
Genetic Engineering: Scientists warn of link between dangerous new pathogen and Monsanto's Roundup
<<<
Social Security is not an "entitlement" program
<<<
Student loans leave crushing debt burden
<<<
Ruling on Behalf of Wall Street's "Super Rich": The Financial End Time has Arrived
<<<
American Eulogy
<<<
Goldman CEO gets salary boost, $12.6 million shares
<<<
Welcome To 1984: Your Papers, Please
<<<
Ruling on Behalf of Wall Street's "Super Rich"
<<<
American's Live in Mental Ghettos, People Who Lie to Themselves
<<<
The Larry Summers Hall of Shame
<<<
There Will Be Blood
<<<
As things fell apart, nobody paid much attention
<<<
Senators Welcome Lobbyists, Shun Citizens
<<<
Economists: The Unholy Priests of the Banksters
<<<
Democracy Going Dark: The Electronic Police State
<<<
We Need to Break Up the Mega Corporations
<<<
How to Thwart the Assassins of the American Dream
<<<
How BP Gulf disaster may have triggered a 'world-killing' event
<<<
BP Gulf Oil Gusher: Methane, Climate & Dead Zones
<<<
The Economic Elite Vs. The People of the United States of America - Part I
<<<
Two Decades of Greed - The Unraveling
<<<
Open Letter to President Obama Re: BP Gulf Oil Spill Solution
<<<
Gulf Oil Spill "Could Go on Years and Years"
<<<
Debt Can Never Be Repaid (By Bankster Design)
<<<
The Wall Street Economic Death Squad
<<<
The Old Enemies
<<<
The Declining Value of Work
<<<
The Vicious Circle of Debt and Economic Depression, It's Class War
<<<
The Financial Oligarchy Reigns: Democracy’s Death Spiral From Greece to the United States
<<<
Western Civilization and the Economic Crisis, The Impoverishment of the Middle Class
<<<
The American Dream is Over, It Was A Wonderful Life
<<<
World’s Billionaires Grew 50 Percent Richer in 2009
<<<
Goldman Sachs CEO says he’s ‘doing God’s work’
<<<
Financial System Designed Almost Exclusively to Benefit the Rich
<<<

Media

<<<
Who Killed Michael Hastings?
<<<
Unless Defeated, New FCC Rules Will Put 'Stake in Internet's Heart'
<<<
The U.S. Mainstream Media Black Hole and the Danger of False Narrative
<<<
Yes, There Are Paid Government Trolls On Social Media, Blogs, Forums And Websites
<<<
U.S. Plummets in Global Press Freedom Rankings
<<<
People Powered Media Mobilizes Masses, While Mass Media Remains Silent
<<<
An Open Letter to the Makers of The Wolf of Wall Street, and the Wolf Himself
<<<
State "Stink Tanks" Exposed
<<<
Is America Being Deliberately Pushed Toward Civil War?
<<<
NSA files: why the Guardian in London destroyed hard drives of leaked files
<<<
Media Supression of the Marches Against Monsanto
<<<
Journalistic Malpractice at the Post and the Times
<<<
Spain's Rebellion Moves to Print
<<<
Minister: Iceland refused to help FBI on WikiLeaks
<<<
New press freedom group is launched to block US government attacks
<<<
Why Is the Obama FCC Plotting a Massive Giveaway to Murdoch?
<<<
Using War as Cover to Target Journalists
<<<
Press Freedom Index 2011/2012
<<<
Paychecks, Perception, Propaganda & Power
<<<
Call It Tyranny
<<<
Billionaire Media Moguls vs. Occupy Wall Street
<<<
Journalists Funded By "Vulture Capitalist" Paul Singer Campaign To Smear Wall Street Protests
<<<
Conservative journalist says he infiltrated, escalated D.C. museum protest
<<<
US media blackout of protest is shameful
<<<
What's behind the scorn for the Wall Street protests?
<<<
The Dark Heart of Corporatism
<<<
The Corporate Media Complex: Drawing Back the Veil on the U.S. Propaganda Machine
<<<
Twenty-Five Rules of Disinformation
<<<
Prepping Minds for War Against China
<<<
Homeland Security shuts down dozens of Web sites without court order
<<<
Another Warning about the Media
<<<
A War On The Truth
<<<
A Media Failure Compounds the Financial Failure
<<<
Mainstream Zombie Media, Top 25 Censored Stories of 2008-2009
<<<

Community

<<<
Outrage! FCC Official Says a million people commenting will not make much difference
<<<
Stopping Foreclosure - New Lamps For Old
<<<
The Town That Turned Poverty Into a Prison Sentence
<<<
Standing Up to Disaster Capitalism in Detroit
<<<
Against Austerity in Detroit: "Water Is a Human Right"
<<<
SWAT Teams Claim 'Corporate' Exemption From Public Scrutiny
<<<
Corporate Bee Killers Sponsor National Pollinator Week
<<<
"Buying Up America": The Individual Wealth of US Billionaires
<<<
6 Things That Should Never Be Privatized
<<<
The Essential Role of Volatility, Stress and Dissent
<<<
Food, Energy, Finance: A Solutions Movement Takes Root In Northern California
<<<
Leaked Documents Show How Blackstone Fleeces Taxpayers via Public Pension Funds
<<<
The State of the Deep State - The Monster in America's Closet
<<<
Take These Steps Today To Survive An International Crisis
<<<
55 Things About America You May Not Know
<<<
The Mess on Our 'Information Superhighway'
<<<
Wave of US Municipal Bankruptcies Caused by Wall Street Predatory Interest Rates, not Pensions
<<<
Restoring the Sacred Land: An Inquiry Into the Origins and Implications of Land-Ownership
<<<
Hundreds Of U.S. Cities Are Turning Into Rotting, Decaying Hellholes
<<<
The Death of Irony, Or, University Of Penn's Secret Meetings On Secret Laws
<<<
(Un)Paving Our Way To The Future
<<<
Letter to an Unknown Whistleblower
<<<
GOP Appointed Officials Black Out Detroit During Heatwave To "Send Them A Strong Message"
<<<
Revealed: how US and UK spy agencies defeat internet privacy and security
<<<
Building the Commons as an Antidote to the Predatory Market Economy
<<<
We're Hooked on 'Growth,' But It Doesn't Have to Be This Way
<<<
Safety Group Blows Lid on "Secrect Virus" Hidden in GMO Crops
<<<
Buried Truth: Uncovering The Keystone XL Pipeline, The Plot Thickens
<<<
Limits to Economic Growth, Humanity Is Still on the Way to Destroying Itself
<<<
Walmart: 50 Years of Gutting America's Middle Class
<<<
A Better Way To Finance Public Projects
<<<
Why Is the Government Collecting Your Biometric Data?
<<<
Wall Street's Mutant Gene Marches On
<<<
First Super Weeds, Now Super Insects - Thanks to Monsanto
<<<
How Corporations and Local Governments Rob the Poor Blind
<<<
NATO Heads for Chicago
<<<
What the U.S. can't learn from Finland about ed reform
<<<
Arizona's Private Prisons: A Bad Bargain
<<<
Financiers and Sex Trafficking
<<<
Cut Wall Street Out! How States Can Finance Their Own Economic Recovery
<<<
Breaking Up with the Sierra Club
<<<
Dow and Monsanto Join Forces to Poison America's Heartland
<<<
How "Occupy Our Homes" Can Win
<<<
How Counties Can Use Land Banks and Eminent Domain
<<<
Occupy Oakland and the Militarization of America's Police
<<<
Quake risk to reactors greater than thought
<<<
Financial Meltdown: The Case Against the Ratings Agencies
<<<
Why one good teacher decided to quit
<<<
The Politics of Education: The Assault on Teachers
<<<
The Strange and Dangerous Militarization of the US Police Force
<<<
We Need Policy Not Plates
<<<

Our current path is not sustainable

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illusion of choiceThrougout our lives and throughout our culture we are conditioned to rally around concepts of false division. We are let to believe that Democrats and Republicans are separate and opposing parties, yet they are actually two branches of the same political control mechanism.

Brandon Smith

More quotable sayings

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class action suit against bankersYou would think that some sharp lawyers would get together and take up a class action suit against the banks for all the fraudulent foreclosuresand illegal robo-signing.

They could make a fortune! And the victims would not have to pay any money until there is a settlement.

Rudy Avizius

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who are they protecting?What if the authorities had enforced bank regulations as vigorously as they enforced park rules and curfews?

We wouldn't be in this economic mess in the first place
!

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How All of Us Are Paying a Heavy Price for Corporate Greed
by Thom Hartman
Posted July 28, 2014

corporate greedThere's a new epidemic spreading across America.It's an epidemic of corporations turning to a business model that helps them get the maximum amount of indirect support from the federal government - by having We the People - the taxpayers - subsidize their workforces.

Basically – they get rich – while the rest of us pay.On October 1st – United Airlines – the third largest airline in North America – is reported to be planing to outsource 630 of its gate agent jobs at 12 airports to private companies.

According to United - the decision to outsource these jobs is a strictly financial one. And boy - will the airline benefit from it. By outsourcing these jobs to the lowest bidder - United will be, by proxy, hiring workers at a wage point that is so low - that these replacement workers are eligible for assistance from programs like food stamps and Medicaid - programs that you and I - American taxpayers - pay for. More...

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Outrage! FCC Official Says a million people commenting will not make much difference
By Kevin Zeese
Posted July 27, 2014

don't break the InternetMore than a million people have spoken out in favor of real Net Neutrality. More than 3.4 million took some kind of action before the rulemaking began urging Net Neutrality. This has been the biggest public response the FCC has ever gotten on a policy matter " but is the FCC listening? Will the voices of millions of people make a difference?

Sadly, a top official at the FCC, Gigi Sohn, told NPR: "A lot of these comments are one paragraph, two paragraphs, they don't have much substance beyond, 'we want strong Net Neutrality." So, 1,067,779 people commenting will not make much difference. It is a very sad commentary on democracy in the United States. More...

Make it clear to the FCC, the only thing that will protect "the people" instead of the "the corporations" is to make the Internet a public utility. Nothing less!

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Stopping Foreclosure - New Lamps For Old
by David Petrovich
Posted July 25, 2014

another Wall St foreclosure scamFor millions, the manufactured American Dream of homeownership has metastasized into the nightmare reality of Zombie Foreclosures.

The sorcerer returns and is able to get his hands on the lamp by tricking Aladdin's wife, who is unaware of the lamp's importance, by offering to exchange "new lamps for old."

The entire mortgage retirement or mortgage loan replacement program, which utilizes Eminent Domain, can best be accomplished by local non-profit agencies using public money without Wall Street bed partners and their private agenda. Instead of embracing schemes by the very foxes who guard the henhouse while munching on a steady diet of chicken legs, we'll need to create and task 100's of independent community agencies who will be responsible to their own community. More...

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Israel Grants First Golan Heights Oil Drilling License To Dick Cheney-Linked Company
by Michael B. Kelley
Posted July 24, 2014

Dick Cheney crony capitalistIsrael has granted a U.S. company the first license to explore for oil and gas in the occupied Golan Heights, John Reed of the Financial Times reports.

A local subsidiary of the New York-listed company Genie Energy — which is advised by former vice president Dick Cheney and whose shareholders include Jacob Rothschild and Rupert Murdoch — will now have exclusive rights to a 153-square mile radius in the southern part of the Golan Heights.

That geographic location will likely prove controversial. Israel seized the Golan Heights in the Six-Day War in 1967 and annexed the territory in 1981. Its administration of the area — which is not recognized by international law — has been mostly peaceful until the Syrian civil war broke out 23 months ago. More...

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The Stealing of America by the Cops, the Courts, the Corporations and Congress
By John Whitehead
Posted July 23, 2014

stealing of AmericaCall it what you will--taxes, penalties, fees or fines--but the only word that truly describes the constant bilking of the American taxpayer by the government and its corporate partners is theft.

We're operating in a topsy-turvy Sherwood Forest where instead of Robin Hood and his merry band of thieves stealing from the rich to feed the poor, you've got the government and its merry band of corporate thieves stealing from the poor to fatten the wallets of the rich. In this way, the poor get poorer and the rich get richer. All the while, the American Dream of peace, prosperity, and liberty has turned into a nightmare of endless wars, debilitating debt, and outright tyranny. More...

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Whoa! Big Banks Hit with Monster $250 Billion Lawsuit for Fraud in Housing Crisis
by Ellen Brown
Posted July 22, 2014

mortgage fraudDid the banksters just meet their match? For years, homeowners have been battling Wall Street in an attempt to recover some portion of their massive losses from the housing Ponzi scheme. But progress has been slow, as they have been outgunned and out-spent by the banking titans.

In June, however, the banks may have met their match, as some equally powerful titans strode onto the stage. Investors led by BlackRock, the world's largest asset manager, and PIMCO, the world's largest bond-fund manager, have sued some of the world's largest banks for breach of fiduciary duty as trustees of their investment funds. The investors are seeking damages for losses surpassing $250 billion. That is the equivalent of one million homeowners with $250,000 in damages suing at one time. More...

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The Town That Turned Poverty Into a Prison Sentence
by Hannah Rappleye and Lisa Riordan Seville
Posted July 21, 2014

debtor prison townMost states shut down their debtors' prisons more than 100 years ago; in 2005, Harpersville, Alabama, opened one back up.Harpersville's experiment with private probation began nearly ten years ago. In Alabama, people know Harpersville best as a speed trap, a stretch of country highway where the speed limit changes six times in roughly as many miles. Indeed, traffic fines are by far the biggest business in the town of 1,600, where there is little more than Big Man's BBQ, the Sudden Impact Collision Center and a dollar store. In 2005, the court's revenue was nearly three times the amount that the town received from a sales tax, Harpersville's second-largest source of income. The fines had become key to Harpersville's development, but it proved difficult to chase down those who did not pay. So, that year, Harpersville decided to follow in the footsteps of other Alabama cities and hire JCS to help collect.

JCS is considered a significant player in the private probation universe. And while recent revenue statements for the privately held company aren't available, what is known is that JCS operates in some 480 courts across the country. In larger courts, JCS can net as much as $1 million in probationers' fees each year, according to an estimate by Human Rights Watch. More...

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You Know a Politician or Talking Head Is Clueless When...
by Rudy Avizius
Posted July 20, 2014

Often you watch TV and some politician or talking head starts spouting on some subject as if they are an expert in that field. It is easy to be taken in unless you are knowledgeable in that subject. This video is on a subject that affects everyone (money) and after watching it, you will be able to spot a clueless politician or talking head.

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Standing Up to Disaster Capitalism in Detroit
by John Nichols
Posted July 19, 2014

the sanctity of the contractAs Michigan Governor Rick Snyder and his appointed "emergency manager" were steering Detroit into bankruptcy last fall, the public-policy think tank Demos released a groundbreaking report on the city's financial circumstance—and how to address it.

Demos recognized that deindustrialization, high unemployment and an exodus of residents had left Detroit uniquely vulnerable: "the current bankruptcy filing is the result of a severe decline in revenue, caused by the 2008 financial crisis, and cuts in annual state revenue sharing starting in 2011. Risky Wall Street deals further jeopardized the city's public finances by threatening immediate payments that the city could not afford."

Now, as the Detroit Water and Sewage Department is drawing international criticism for shutting off water service for low-income families, activists are asking why the people are being forced to pay while the Wall Street banks live large. On Friday, members of the National Nurses United union and local, state and national groups will march and rally in downtown Detroit to say the priorities are out of whack. Their message is direct: "Let's Tax Wall Street, Get Our Money Back, and Turn on the Water!" More...

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Capitalism's Deeper Problem
By Richard D Wolff
Posted July 18, 2014

deep problems in capitalismRecent press reports refer to troubling price increases for such assets as real estate, government bonds, companies targeted for acquisition and artwork. A New York Times front-page headline read "The Everything Boom, or Maybe the Everything Bubble."

Yet while asset prices soar, the production of goods and services, employment and workers' incomes are not recovering and resuming growth. Instead, Western Europe, North America and Japan are stuck in a longer, deeper crisis than almost anyone expected. Millions have left the labor force. Wages, benefits and job security are declining; the so-called "middle classes" are evaporating. Having promised "recoveries," desperate governments inject massive new quantities of money into their economies. What they accomplish most are fast-rising asset prices. More...

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The Rise of the Non-Working Rich
by Robert Reich
Posted July 17, 2014

non working richThe "self-made" man or woman, which was the symbol of American meritocracy, has disappeared. Since when was our meritocracy replaced by a permanent aristocracy and democracy undermined by wealth? In a new Pew poll, more than three quarters of self-described conservatives believe "poor people have it easy because they can get government benefits without doing anything."

In reality, most of America's poor work hard, often in two or more jobs. The real non-workers are the wealthy who inherit their fortunes. And their ranks are growing. In fact, we're on the cusp of the largest inter-generational wealth transfer in history. More...

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The Real Purpose Of The IMF
by Luke Eastwood
Posted July 16, 2014

IMF = Debt slaveryTo much trumpeting the IMF have kindly agreed to help out desperate and war torn Ukraine. How wonderful they are we are all meant to think, but the truth couldn't be more opposite.

The International Monetary Fund was set up in 1945, describing itself as an "organization of 188 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world."

This all sounds very laudable, but in reality the IMF has a very different purpose from that which is stated. If you look at the history of the IMF's intervention in countries around the world you will see a trail of disaster and looting that repeats time and time again wherever they go. More...

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N.J. gives $260 million tax break to energy company with political ties
By Salvador Rizzo
Posted July 15, 2014

crony capitalismNew Jersey officials today approved a $260 million package of tax credits — the third-largest economic subsidy in state history — for a nuclear-energy company planning to build reactors on the Camden waterfront.
It was the largest tax subsidy awarded in recent years by the state Economic Development Authority, and it went to Holtec International, a Marlton-based company whose board includes one of the state's most influential Democrats, George Norcross.

Under the terms of the award, Holtec will create 235 new full-time positions and relocate 160 existing jobs from other parts of the state to Camden. Once those workers are in place, the firm will reap subsidies of $26 million a year for 10 years. In exchange, New Jersey will realize $155,520 in net economic benefits over 35 years, the authority estimated. Under the terms of the agreement, however, the company is required to stay at the Camden location for only 15 years. More...

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Against Austerity in Detroit: "Water Is a Human Right"
By John Nichols
Posted July 14, 2014

water is a human rightWater is a human right.The United Nations formally "recognizes the right to safe and clean drinking water and sanitation as a human right that is essential for the full enjoyment of life and all human rights."

A new European Citizens Initiative declares, "Water is a public good, not a commodity."

Former President Jimmy Carter writes, "Clean water is a basic human right. Without it, the other rights may not even matter. Human societies cannot be healthy, prosperous and just without adequate supplies of clean water. What could be a more basic right than clean water?"

So why are children in Detroit marching through that battered city's downtown with signs reminding officials that "Kids Need Water to be Healthy" and "Kids Without Water Can't Brush Their Teeth"? Why are religious leaders being arrested when they seek to prevent the shutoff of water services to families who cannot afford to pay bloated bills? More...

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Senator Elizabeth Warren: High Frequency Trading Is Like the Skimming Scam in the Movie, 'Office Space'
By Pam Martens and Russ Martens
Posted July 12, 2014

Elizabeth WarrenOutside of the Washington Times, there was a virtual corporate media blackout on the high frequency trading hearing held yesterday by the Senate Banking Subcommittee on Securities, Insurance and Investment – which came one day after Senator Carl Levin's hearing on the same topic.

The media blackout did a deep disservice to the brilliant perspectives brought to the table by Senators Elizabeth Warren and Mark Warner and two witnesses who deal every day of their lives with the corrupted and disfigured trading venues the SEC has allowed to evolve in what used to be the most trusted stock market in the world. More...

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U.S. Government Ties El Salvador USD 277 M Aid Package to Monsanto's GMO Seeds
by John and Ocean Robins
Posted July 11, 2014

Monsanto harmful corporationIt has come to light that the U.S. government is withholding $277 million in aid money from El Salvador in order to pressure it to accept Monsanto's GM seeds.

The President of the El Salvadoran Center for Appropriate Technologies (CESTA), Ricardo Navarro, has demanded that the U.S. Ambassador to El Salvador, Mari Carmen Aponte, stops pressurizing the Government of El Salvador to buy Monsanto's GM seeds rather than non-GMO seeds from domestic suppliers. "There is a harmful corporation on the planet called Monsanto … it is truly disturbing that the U.S. is trying to promote them …" concluded Navarro, who hopes that the Members of the El Salvadoran Legislative Assembly do not accept any manipulation by the U.S. More...

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Servants of Power: Higher Education in an Era of Corporate Control
By Peter Seybold
Posted July 10, 2014

Justice Powell wanted business control of law and politicsOver the last 40 years, we have witnessed a dramatic change in the structure of power in the United States. Since the mid-1970s, a one-sided class war has taken place and the ruling class has been winning. It has altered the relationship between capitalism and democracy, and in turn has subjugated a variety of institutions to the logic of capitalism.

The most insidious effect which hegemony has had on American society is that it has shifted the range of debate to the right and redefined the acceptable policy options available to the major political parties.

Academia has really been slow to assess the changing dynamics of capitalism and the erosion of democracy in the United States. Those who have written about this tidal wave of change have been marginalized by being labeled conspiracy theorists or radicals with an axe to grind - or professors who have not been able to climb the ladder to academic stardom. More...

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Snowden Should Refuse to Play "Alice in Wonderland"
By Kevin Zeese
Posted July 9, 2014

Alice In Wonderland justice systemEdward Snowden submitting to prosecution in the United States, would be like Alice going into the courtroom in Wonderland.

Alice stood before the King and Queen of Hearts who served as the judges. Knaves were chained on the ground before them. The jurors, Alice realizes are 'stupid things' The first witness against her was the Mad Hatter who is as mad as the culture he represents. The guinea pigs who protest are immediately "suppressed" by having the mouths tied up and being put into a bag and sat on by the King so their protests cannot be heard. The most important evidence in the trial was secret.

Alice realized the court room; with the icons of a justice system -- a judge, jury, witnesses -- was really a sham that mocks a legitimate legal process. To confirm her realization the King said after the meaningless secret poetry evidence, that it was "the most important piece of evidence" and "Let the jury consider their verdict." The Queen retorts "No, no! Sentence first; verdict afterwards."

Last week former Secretary of State Hillary Clinton joined with the current Secretary of State John Kerry in urging Edward Snowden to come home and face prosecution. More...

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SWAT Teams Claim 'Corporate' Exemption From Public Scrutiny
by Sarah Lazare
Posted July 8, 2014

SWAT teams are hnot corporationsOperators of Special Weapons and Tactics (SWAT) teams comprised of tax payer-funded police and sheriffs in Massachusetts claim they are immune to public records requests about deadly force, incident reports, and more because they are private "corporations."

In addition to SWAT teams run by individual towns, many of these military-style domestic policing units in Massachusetts are operated by regional "law enforcement councils," which are bankrolled by tax-payer money and comprised of publicly-funded police and sheriffs. According to the American Civil Liberties Union of Massachusetts, approximately 240 of the 351 police departments in Massachusetts belong to these LECs.

Some of these LECs have become incorporated with 501(c)(3) status—a classification they say makes them exempt from public records requests. More...

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America's Real Foreign Policy: Global Corporatization by Force
by Noam Chomsky
Posted July 7, 2014

who is the military really protecting?Whose security is the U.S. military and foreign service protecting?

The question of how foreign policy is determined is a crucial one in world affairs. In these comments, I can only provide a few hints as to how I think the subject can be productively explored, keeping to the United States for several reasons. First, the U.S. is unmatched in its global significance and impact.

Second, it is an unusually open society, possibly uniquely so, which means we know more about it. Finally, it is plainly the most important case for Americans, who are able to influence policy choices in the U.S. -- and indeed for others, insofar as their actions can influence such choices. The general principles, however, extend to the other major powers, and well beyond. More...

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Was the Department of Defense Behind Facebook's Controversial Manipulation Study?
by Michael Krieger
Posted July 5, 2014

facebook spyingSo it seems that Facebook and the U.S. military are likely working together to study civil unrest and work on ways to manipulate the masses into apathy or misguided feelings of contentment in the face of continued banker and oligarch theft. This is extremely disturbing, but this whole affair is highly troubling in spite of this.

What we basically need to do as a society is completely update our laws. For starters, if a private corporation is going to lets say totally violate your most basic civil liberties as defined under the Bill of Rights, a simple terms of service agreement should not be sufficient. For more invasive violations of such rights, perhaps a one page simple-to-read document explaining clearly which of your basic civil liberties you are giving away should be mandatory. More...

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18 Signs That The Global Economic Crisis Is Accelerating As We Enter H2 2014
by Michael Snyder
Posted July 4, 2014

economic crisis accelaeratingA lot of people that I talk to these days want to know "when things are going to start happening". Well, there are certainly some perilous times on the horizon, but all you have to do is open up your eyes and look to see the global economic crisis unfolding. As you will see below, even central bankers are issuing frightening warnings about "dangerous new asset bubbles" and even the World Bank is declaring that "now is the time to prepare" for the next crisis.

Most Americans tend to only care about what is happening in the United States, but the truth is that serious economic trouble is erupting in South America, all across Europe and in Asian powerhouses such as China and Japan. And the endless conflicts in the Middle East could erupt into a major regional war at just about any time. We live in a world that is becoming increasingly unstable, and people need to understand that the period of relative stability that we are enjoying right now is extremely vulnerable and will not last long. More...

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US War Against Russia Is Already Underway
by Paul Craig Roberts, (Asst. Sec. of the Treasury during Reagan Administration)
Posted July 3, 2014

Putin shows restraintIn the real sense, there is no longer an American national interest. There is the interest of these powerful interest groups. And we've had these recent studies from scholars who have found that the American public has no input whatsoever into government decisions or into policy decisions. The conclusion of the recent study, which looked at thousands of government decisions, was that the American people have zero input into the formation of policy.

So, in that sense, the US is sort of making itself vulnerable in many ways. For example, look at the economic policy. For years now, in order to support a handful of large banks the Federal Reserve is creating trillions of dollars, new dollars. More...

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How Did the Clintons Become So Rich?
By Zaid Jilani
Posted July 2, 2014

hos did the Clintons get their wealth?The real scandal is not that the former president and first lady are so wealthy, but how they got that wealthy. Clinton didn't just make "a lot of money" when he left the White House. Together, the Clintons pulled in $111 million from 2000 to 2007 — far more than what most people would consider a lot.

As Hillary Clinton grappled with foreign policy issues in Pakistan, Turkey and the Middle East, Bill Clinton took home $175,000 from the Middle East Institute, a think tank that does work in those areas. In 2011 she filmed a video congratulating Kuwait on its independence; a few months later, he was paid a $175,000 honorarium from the Kuwait America Foundation.

Shortly after stepping down from her post, the she then embarked on her own spree of paid speeches, which don't have to be disclosed because neither Clinton is a public official anymore. But from voluntarily disclosures and press reports, we know that she gave at least two paid speeches to Goldman Sachs for $200,000 each. Although she has not disclosed her full remarks at these events, a number of attendees talked to Politico about her tone and content. "Clinton offered a message that the collected plutocrats found reassuring, according to accounts offered by several attendees, declaring that the banker-bashing so popular within both political parties was unproductive and indeed foolish," read the article. More...

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The Pitchforks Are Coming… For Us Plutocrats
By Nick Hannauer
Posted July 1, 2014

PlutocracyLet's speak frankly to each other. I'm not the smartest guy you've ever met, or the hardest-working. I was a mediocre student. I'm not technical at all—I can't write a word of code. What sets me apart, I think, is a tolerance for risk and an intuition about what will happen in the future. Seeing where things are headed is the essence of entrepreneurship. And what do I see in our future now?

I see pitchforks.

But the problem isn't that we have inequality. Some inequality is intrinsic to any high-functioning capitalist economy. The problem is that inequality is at historically high levels and getting worse every day. Our country is rapidly becoming less a capitalist society and more a feudal society. Unless our policies change dramatically, the middle class will disappear, and we will be back to late 18th-century France. Before the revolution. And so I have a message for my fellow filthy rich, for all of us who live in our gated bubble worlds: Wake up, people. It won't last. More...

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Sarajevo Is The Fulcrum Of Modern History: The Great War And Its Terrible Aftermath
by David Stockman
Posted June 30, 2014

David StockmanUnfortunately, modern historiography wants to keep the Great War sequestered in a four-year span of archival curiosities about battles, mustard gas and monuments to the fallen. But the opposite historiography is more nearly the truth. The assassins at Sarajevo triggered the very warp and woof of the hundred years which followed.

The Great War was self-evidently an epochal calamity, especially for the 20 million combatants and civilians who perished for no reason that is discernible in any fair reading of history, or even unfair one. Yet the far greater calamity is that  Europe’s senseless fratricide of 1914-1918 gave birth to all the great evils of the 20th century— the Great Depression, totalitarian genocides, Keynesian economics,  permanent  warfare states, rampaging central banks and the exceptionalist-rooted follies of America’s global imperialism. More...

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Detroit and Iraq: Plundered by the Same Bandits
By Margaret Kimberley
Posted June 28, 2014

Detroit plundered by criminals in suitsThe ugly face of empire and disaster capitalism is visible all over the world. Detroit, Michigan, was once a thriving city but was sent into a tailspin by the deindustrialization of the United States, white flight, and institutional racism which blamed black people who were in fact the victims of catastrophe. The coup de grace was delivered by big banks like UBS, Bank of America and Barclays, which sold risky derivatives schemes to corrupt Detroit politicians. When the financial deal inevitably headed south, the banks were the creditors first in line for a payout.

Far back in that line were the workers and people of Detroit. The emergency manager, Kevyn Orr, whose very position they had voted against establishing, rules the city. The new mayor is a figurehead and the people have no representation as the Republican governor and emergency manager remake the city for capital and the gentrifying settler class. "All of former mayor Kwame Kilpatrick's incompetence could not have created the ongoing occupation of Detroit by the thieves in high places." More...

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The open source revolution is coming and it will conquer the 1% - ex CIA spy
by Nafez Ahmed
Posted June 27, 2014

conquering the richSteele is hugely respected by senior military intelligence experts across the world. As a researcher at the US Army War College's Strategic Studies Institute, he has authored several monographs advocating the need for open source methods to transform the craft of intelligence. He has lectured to the US State Department and Department of Homeland Security as well as National Security Councils in various countries, and his new book has received accolades from senior intelligence officials across multiple countries including France and Turkey.

Yet he remains an outspoken critic of US intelligence practices and what he sees as their integral role in aggravating rather than ameliorating the world's greatest threats and challenges. More...

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Another Secret Trade Agreement - TISA
by James Hall
Posted June 26, 2014

WikiLeaks gets the truth outThe significance of the TPP -Trans-Pacific Partnership Agreement and the TTIP - Transatlantic Trade and Investment Partnership Agreement has your head spinning already, now add another globalist gift to the Corporatocracy model of total trade domination, the TISA - Trade In Services Agreement. According to the trade group, Coalition of Service Industries, "the TISA is currently being negotiated in Geneva, Switzerland with 50 participants that represent 70 percent of the world's trade in services . . .

Just one question, that never seems to get an answer. Why do all these "so called" beneficial trade agreements doom the United States to a permanent balance of trade deficit? More...

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The Surveillance/Police State - Assisting the Dismantling of Inalienable Rights
by Cognitive Dissonance
Posted June 25, 2014

surveillance stateRegardless of your ultimate view of the surveillance police state, the 'evil' forces behind it and the direction the country and world is headed, the fact remains it would not exist without support from the average Jane and Joe, even if that support expresses in the form of enthusiastic cheerleading, begrudging acceptance, passive obedience, anxious trepidation, angry denunciations or fierce resistance. This is true in all cases unless you 'believe' that people, places and things 'make' you do things, therefore you and those around you are powerless victims and essentially slaves to the machine.

As comforting as it may be to view ourselves as victims of the powers that be (but most certainly not slaves since we are free range chickens) if this were true then why the preoccupation by those in charge with acquiring our consent, whether directly expressed or passively/reluctantly given? Even as the surveillance state ratchets up several notches each year, not to mention draconian laws that foretell of a dramatic escalation in the Fascist police state tactics, the general meme still put forth is to cajole, convince or confiscate our free will through our willing, often passive, consent. More...

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Western World Is Upside Down
by Michael Noonan
Posted June 24, 2014

upsidedown worldWhat makes sense any more? In the United States, all one hears in the news is lies, deceit, and propaganda. In the EU, Mario Draghi "dictates" what is [un]real, backed by a host of unelected, non-representative NWO bureaucrats. In the UK, do not know if anyone is really in charge. Regardless, there is no truth being told, in fact, the truth is actively being hidden and/or suppressed. Governments are circling the wagons against people. Banks are being protected, at all costs, literally.

We live in an Alice In Wonderland, circa Orwell's 1984 world. Everything is upside down, and that includes the price for gold and silver. In the United States, if you do not like what you hear from the inept central planners, or if you choose to criticise what you hear, you run risk of being branded a "terrorist," certainly one who is a threat to the existing regime. More...

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$1 Million A Month - What Ex-NSA Chief Alexander Charges Wall Street For "Advice"
by Mike Krieger
Posted June 23, 2014

spy chief AlexanderSo what's a Peeping Tom, anti-democratic, Constitution-trampling intelligence crony to do after leaving decades of "public service?" Move into the private sector and collect a fat paycheck from Wall Street, naturally. Following in the footsteps of some of the other top tier public sector cronies looking to cash out after doing their best to destroy the Republic, such as Banana Ben Bernanke collecting $250,000 per speech and Turbo Tax Timmy Geithner hopping over to private equity giant Warburg Pincus, Mr. Alexander is in good crooked company.

So what is Mr. Alexander charging for his expertise? He's looking for $1 million per month. Yes, you read that right. That's the rate that his firm, IronNet Cybersecurity Inc., pitched to Wall Street's largest lobbying group the Securities Industry and Financial Markets Association (SIFMA), which ultimately negotiated it down to a mere $600,000 a month. In case you need a refresher on how much of a slimy character this guy is, I suggest you read the following posts: More...

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Bank Bailout: Bankster Says Only Gun to Head Will Oblige TARP Repayment
By Kurt Nimmo
Posted June 22, 2014

lopsided chessBanks that received billions during the Federal Reserve created implosion of the subprime real estate market say they are not obliged to make good on repaying the money.The Journal reports when the TARP program "was hastily assembled in the frantic days of 2008, the government was interested in making sure the capital was widely available to banks of all sizes" and banks that issued noncumulative shares as repayment figured out how to delay and ultimately stiff tax payers.

Maryland Financial's CEO, Robert Chafey, said only physical violence will force him to make good. "We don't have a gun to our head to pay this dividend, so why would we pay?" Mr. Chafey said in a February interview, according to the Journal. More...

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Buying Up the Planet: Out-of-control Central Banks on a Corporate Buying Spree
by Ellen Brown
Posted June 21, 2014

Central banks buying real assets with paper they printedCentral banks have the power to create national currencies with accounting entries, and they are traditionally very secretive. We are not allowed to peer into their books. It took a major lawsuit by Reuters and a congressional investigation to get the Fed to reveal the $16-plus trillion in loans it made to bail out giant banks and corporations after 2008.

What is to stop a foreign bank from simply printing its own currency and trading it on the currency market for dollars, to be invested in the US stock market or US real estate market? What is to stop central banks from printing up money competitively, in a mad rush to own the world's largest companies? More...

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The Death Of The Rust Belt
by Michael Snyder
Posted June 20, 2014

rust beltIf you want your country to have a great economy it has got to produce wealth. And one of the primary ways to produce wealth is to make stuff. Immediately after World War II, the United States had the greatest manufacturing base the world had ever seen and we outproduced the rest of the planet combined. Great manufacturing cities sprouted up all over America and the middle class thrived. It was truly a great time to be an American.

But then we decided to start shipping in cheaper products from overseas. At first it didn't create too much of a problem for our massive economy, but eventually the floodgates opened up and we lost tens of thousands of manufacturing facilities and millions upon millions of good paying jobs. Our labor pool was merged with the labor pool of countries such as communist China where it is legal to pay slave labor wages to manufacturing workers. Needless to say, our workers could not compete with that and our middle class started to shrink rapidly. More...

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Mystery Surrounding The Bilderberg Group Conclave
By Russ Baker
Posted June 20, 2014

New World OrderThe Bilderberg Group is so inherently bizarre that its yearly gatherings generate extreme reactions. Those who openly profess the belief that the Bilderbergers essentially run the world pay it a whole lot of attention, usually trooping to the scene to stage colorful protests. The media, by and large, ignores it.

A key question worth asking, of course, is how officials from companies that derive such a big share of their profits from war get along with those ostensibly concerned with advancing the cause of peace. Another is about what kinds of "public policy" think tanks find themselves in alignment with ruthlessly profit-oriented executives. More...

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Debt, Civic Decay, Global Disorder - Fourth Turning Accelerating
by James Quinn
Posted June 19, 2014

turn off the TVThe current state of our economic, financial, political and judicial systems, along with the fraying social fabric of society reflects EXTREME dysfunction and in no way exhibits anything resembling a normal state of affairs. The government apparatchiks, corporate media talking heads, Wall Street captured economists, and lackeys for billionaire oligarchs are highly paid liars using every Bernaysian trick to manipulate the beliefs, desires, and prejudices of the willfully ignorant masses.

They capitalize on the cognitive dissonance and normalcy bias being practiced by the majority of people in the country. Like a dog chasing its tail, they have the public up in arms about meaningless social issues and ignoring the looting of the country by sociopathic bankers. More...

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The Bitter End Of The Savings Account
by Jeff Berwick
Posted June 18, 2014

you are nextGovernments, by definition, are violent institutions. And taxation, by definition, is theft. These are blatant facts to all but the most indoctrinated and brainwashed. However, governments worldwide are ramping up all manner of other thefts by almost any means necessary. Cyprus made headlines with what was called a "bank bail-in" in 2013 and Ireland, Hungary, Bulgaria, Poland and Italy have all stolen funds from retirement accounts. The European Union has even said that it reserves the right to steal directly from European savers in the form of negative interest rates. All of this has been perfectly predictable in the march to The End Of The Monetary System As We Know It (TEOTMSAWKI).

It's time now to add two more countries to that list: Australia and Belgium. Instead of wondering if you'll be the next victim, take the measures you must in order to survive and prosper after the savings account is no more. More...

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Extreme Acts of Greed Against the American People
by Paul Bucheit
Posted June 17, 2014

police protecting and serving the richExamples of extreme inequality are becoming easier to find. Progressive leaders have us thinking about revolution. If a revolution is to take place, Americans - especially young Americans - need to know the facts, and they need to know how they're getting cheated, and they need to get angry. The following should help.

U.S. wealth grew from $47 trillion to $72 trillion in the four years after the recession, largely as a reflection of continued American productivity. In other words, a full one-third of the total wealth in the U.S. in 2013 was generated since 2009. But the richest 10 percent took all of it.

That's $6 trillion per year in new wealth for the rich. In contrast, the total annual cost of 'entitlements' and the safety net is less than $2 trillion. More...

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In 33 U.S. Cities, Feeding The Homeless Has Been Criminalized
by Tom McKay
Posted June 16, 2014

illegal to be homelessIn case the United States' problem with homelessness wasn't bad enough, a forthcoming National Coalition for the Homeless (NCH) report says that 33 U.S. cities now ban or are considering banning the practice of sharing food with homeless people. Four municipalities (Raleigh, N.C.; Myrtle Beach, S.C.; Birmingham, Ala.; and Daytona Beach, Fla.) have recently gone as far as to fine, remove or threaten to throw in jail private groups that work to serve food to the needy instead of letting government-run services do the job.

"I'm just simply baffled by the idea that people can be without shelter in a country, and then be treated as criminals for being without shelter," said human rights lawyer Sir Nigel Rodley, chairman of the U.N. committee. "The idea of criminalizing people who don't have shelter is something that I think many of my colleagues might find as difficult as I do to even begin to comprehend." More...

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Corporate Bee Killers Sponsor National Pollinator Week
By Ronnie Cummins
Posted June 15, 2014

poisoned beesConcerned about the bees and the butterflies? Interested in celebrating National Pollinator Week? It's happening next week, June 16-22. And it's brought to you, in part, by none other than Monsanto and Bayer.

Who supports (i.e. funds) the Pollinator Partnership? Among others, Bayer and Monsanto--the very companies that are killing pollinators with insecticides and genetically engineered crops.

It's all part of a well-documented, well-funded (and shameless) public relations campaign by the pesticide industry to give the appearance of "caring" about the die-off of bees and butterflies, while diverting attention from the cause of those die-offs--highly profitable products made by Monsanto and Bayer. More...

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"Buying Up America": The Individual Wealth of US Billionaires
By James Hall
Posted June 13, 2014

America for saleA quaint comparison of what money can buy in today's market has Bill Gates being able to afford every home in Boston. His $76.6 billion reported by the Washington Post or the $78.4 billion by Forbes seems a pittance when put up against John D. Rockefeller's peak wealth of $318.3 billion (based on 2007 US dollar).

According to your resident commissars over at MSNBC, "The median net worth of American households hasn't changed much over the past decades, it's about $20,000." So if Gates decided to purchase all the Beantown houses, whom would he pay for the bricks and mortar? Certainly, most Americans may think of "their home is their castle", but few actually own a debt free deed to their grand estate. No wonder the banks and financial institutions, are so fond of placing liens on real property. More...

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Let "Dollar" Collapse Or Choose War. Elites Will Opt For War
by Michael Noonan
Posted June 12, 2014

keeping the world safe for corporationsThe world has never been in a position like this before, where all global currencies are fiat and dependent upon central banker power. The push for a New World Order is inexorable, and make no mistake, the monied elites are fully in control, or almost so. We maintain this is why so many in the Precious Metals community have miscalculated the timing for when gold and silver would take off to the upside, collapsing the Fed's fiat "dollar," or as a result thereof.

Ukraine is truly the test where East meets West. It is the US-led coup that is a staging ground for an assault on Russia. Obama is leading the charge, once again, choosing the drums of war to get across the message that to challenge the supremacy of the "dollar" as the world's reserve currency, [as the ATM machine used by the elites to pillage the world's assets and remain in control], can have a serious outcome. More...

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NSA Whistleblower: Snowden Never Had Access to the JUICIEST Documents
by Washington's Blog
Posted June 10, 2014

Snowden truth tellerNSA whistleblower Russel Tice was a key source in the 2005 New York Times report that blew the lid off the Bush administration's use of warrantless wiretapping. Tice told PBS and other media that the NSA is spying on – and blackmailing – top government officials and military officers, including Supreme Court Justices, highly-ranked generals, Colin Powell and other State Department personnel, and many other top officials.

Many of Tice's allegations have been confirmed by other government whistleblowers. And see this. Washington's Blog called Tice to find out more about what he saw when he was at NSA. More...

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Who Killed Michael Hastings?
By Benjamin Wallace
Posted June 9, 2014

It sounded like a bomb went offReflexively distrustful, eager to make powerful enemies, the young journalist whose Mercedes exploded in Los Angeles one night couldn't possibly have died accidentally, could he?

At the end of his life, Michael Hastings, like many of the progressive journalists he counted among his friends, felt besieged by an overreaching government. By the middle of June, though, Hastings, then 33, had become openly afraid. Helicopters are a common sight in the Hollywood Hills, but he had told Jordanna Thigpen, a neighbor he'd become close to, that there were more of them in the sky than usual, and he was certain they were tracking him. On Saturday the 15th, he called Matt Farwell, his writing partner, and said Farwell might be interviewed by the FBI. Farwell was unsettled. "He was being really cagey over the phone, which was odd, very odd," Farwell says. On the 17th, Hastings e-mailed colleagues at BuzzFeed to warn them that "the Feds are interviewing my 'close friends and associates' "; he was "onto a big story" and needed to go "off the rada[r] for a bit … hope to see you all soon." More...

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5,000 Years of History Shows that Mass Spying Is Always Aimed at Crushing Dissent
by Washington's Blog
Posted June 8, 2014

surveillance stateUnfortunately, spying hasn't been limited to defense against external enemies. As documented below, tyrants have long spied on their own people in order to maintain power and control … and crush dissent.

Laidler notes:

The rise of city states and empires … meant that each needed to know not only the disposition and morale of their enemy, but also the loyalty and general sentiment of their own population. Benevolent rulers don't need to spy on their own people like tyrants do. More...

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The Purchase Of Our Republic
by Y. Falkson
Posted June 7, 2014

how can a politician represent youAmericans know that something is wrong, deeply wrong. They see signs of the problem everywhere: income inequality, growing concentration and power of mega corporations, political donations/corruption, the absence of jobs with decent salaries, the explosion of the US prison population, healthcare costs, student loan debt, homelessness, etc. etc.

However, the true causes and benefactors behind these problems are purposely hidden from view. What Americans see is Kabuki Theater of a functioning form of capitalism and democracy, but beyond this veneer our country has devolved into the exact opposite.

Those who benefit from this crony capitalist state go to extreme lengths to paper over the reality and convince Americans that the system works, the American Dream is still a reality and that American democracy is in fact democratic. More...

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The New World Order And The Rise Of The East
by Brandon Smith
Posted June 6, 2014

New World OrderThe call on both sides for a new monetary system and the end of the dollar as world reserve seems to greatly contradict the fantasy that the East and West are fundamentally at odds. The progression towards a world currency and/or economic governance also appears to be growing along with the consolidation of economic and military ties between Eastern nations. This would suggest that the rise of the East and the crippling of Western elements is actually advantageous to global bankers in the long term.

While disinformation agents and media shills have attempted to downplay any danger to the strength of America and the dollar, Eastern governments have been swiftly establishing alliances and decoupling from U.S. influence. More...

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Eric Holder Announces Task Force To Focus On "Domestic Terrorists"
by Mike Krieger
Posted June 5, 2014

Eric Holder US citizens are the enemyIt's been obvious for quite some time that the so-called "war on terror" is nothing more than a fear-mongering induced power grab; a convenient excuse to strip the citizenry of its civil liberties and humanity. Many commentators, including myself, have predicted for years that the entire counter-terror juggernaut that has been constructed post-9/11 would be ultimately redirected upon the domestic population.

Snowden's heroic whistleblowing has already proven without a doubt that the government spy apparatus (along with tech company complicity) has been zeroed in on the domestic population for quite some time, but is the situation about to escalate? Are the feds so fearful of their own people, they are about to focus all their counter-terror energy on U.S. citizens? It appears so. More...

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Mr Kerry: Here's Why Snowden Cannot 'Make His Case' in 'Our System of Justice'
by Juan Cole
Posted June 4, 2014

KerrySecretary of State John Kerry said that Edward Snowden should "return home and come back here and stand in our system of justice and make his case." Kerry seems to have a high opinion of the Department of Justice and the U.S. courts when it comes to national security issues. I can't imagine for the life of me why. Kerry is either amazingly ignorant or being disingenuous when he suggests that Snowden would be allowed to "make his case" if he returned to the U.S.

No one outside the penal justice system would ever see him again, the moment he set foot here, assuming he was not given a prior deal. He could maybe try to explain himself to the prison guards, assuming they didn't stick him in solitary. Here are some reasons Mr. Snowden would be unwise to trust himself to that system, given the charges against him: More...

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Infrastructure Sticker Shock: Financing Costs More Than Construction
By Ellen Brown
Posted June 3, 2014

bonds double infrastructure costsFunding infrastructure through bonds doubles the price or worse. Costs can be cut in half by funding through the state's own bank. A general rule for government bonds is that they double the cost of projects, once interest has been paid. The San Francisco Bay Bridge earthquake retrofit was originally slated to cost $6.3 billion, but that was just for salaries and physical materials. With interest and fees, the cost to taxpayers and toll-payers will be over $12 billion.

There is another alternative. In the last five years, China has managed to build an impressive 4000 miles of high-speed rail. Where did it get the money? The Chinese government has a hidden funding source: it owns its own banks. That means it gets its financing effectively interest-free. More...

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Bilderberg 2014: War Criminals, Big Oil and "Too Big to Jail" Banksters Meet in Secrecy
By Julie Lévesque
Posted June 2, 2014

BIlderbergers - No New World orderThe highly secretive Bilderberg group is holding its 62nd annual conference in Denmark from May 29 to June 1 at the Copenhagen Marriott Hotel in Denmark. This year's conference is a mingling of military-intelligence, politicians, finance, oil, media, academia and neocon think tanks. (Click here for the official list of attendees. Note that there are always participants who are not mentioned on the list given to the public.)

While Bilderberg claims its annual conference is "to foster dialogue between Europe and North America", the Worldwide monetary system as well as the US-NATO global war agenda are slated to be discussed behind closed doors. According to Bilderberg expert Daniel Estulin, the group went as far as planning the 2008 economic crisis. More...

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10 Disgustingly Rich Companies That Will Do Anything To Avoid Paying Taxes
by Bill Moyers
Posted June 1, 2014

phizer pays no taxesThis week, Bill speaks to Nobel prize-winning economist Joseph E. Stiglitz, who argues that we must reform the tax code and stop subsidizing tax dodgers. A recent report by Americans for Tax Fairness suggests that corporate taxes are near a 60-year low — and that's partially because corporations have become adept at not paying their share.

Here's a list of 10 tax-dodging corporations excerpted from the Americans for Tax Fairness report. More...

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Florida Couple Fined $746 For Crime Of Feeding Homeless People
By Scott Keyes
Posted May 31, 2014

feeding homelessAfter feeding the hungry in a Daytona Beach park every weekend for more than a year, it's just as easy to imagine Chico and Debbie Jimenez given a ticker-tape parade as what they actually got: a slew of citations and a permanent ban from the park.

According to the group's Facebook page, Chico and Debbie, along with four volunteers, were each given multiple 2nd degree misdemeanor citations. The fines totaled $373 per person, $2,238 for the group. The police also permanently banned the group from Manatee Island Park. "We both have made a lot of good friends in the park and are devastated that we are banned the Manatee Park forever," Debbie wrote. "I am heartbroken." More...

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Power in Military Black Budgets
by James Hall
Posted May 30, 2014

Corporate States of AmericaSomewhere along the way, genuine national defense is short-changed, even if one's political views support the policy of imperium hegemony. The dominance of the military-industrial-complex comes not from their firepower systems, but from the ability to perpetuate a never-ending warfare society, based upon phony threats and a permanent aggressor interventionism and empire expansion.

The corporatists love this cash cow because killing fellow humans is the most profitable business in all of history. Keeping this fact hidden from the taxpayer is the ultimate black budget blueprint that needs protection for the Corporatocracy to continue. More...

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6 Things That Should Never Be Privatized
By Alex Henderson
Posted May 29, 2014

privatization of waterThe idea behind operating gas, water or electric services as public utilities is that those things are important to people's health and survival and therefore, must be protected from corporate greed. Some things belong in the private sector, others don't.

Here are six things in the United States that should remain in the public sector. More...

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U.S. Retail Economic Death Rattle Grows Louder
by James Quinn
Posted May 28, 2014

Space Available- growing trendThe absolute collapse in retail visitor counts is the warning siren that this country is about to collide with the reality Americans have run out of time, money, jobs, and illusions. The exponential growth model, built upon a never ending flow of consumer credit and an endless supply of cheap fuel, has reached its limit of growth. The titans of Wall Street and their puppets in Washington D.C. have wrung every drop of faux wealth from the dying middle class. There are nothing left but withering carcasses and bleached bones.

Once the Wall Street created fraud collapsed and the waves of delusion subsided, retailers have been revealed to be swimming naked. Their relentless expansion, based on exponential growth, cannibalized itself, new store construction ground to a halt, sales and profits have declined, and the inevitable closing of thousands of stores has begun. More...

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The Essential Role of Volatility, Stress and Dissent
by Charles Hugh Smith
Posted May 27, 2014

dissent strengthens systemsThe individual or system that never experiences dissent, volatility or stress is systemically unhealthy and increasingly prone to sudden "gosh, I didn't see this coming" collapse.

To say that volatility, stress, dissent are not just healthy, but essential for maintaining health sounds counter-intuitive. On an individual level, we try to avoid exertion, stress and crisis, and on a larger systemic level, our institutions devote enormous resources to minimizing systemic volatility and suppressing dissent.

In other words, the notion that stress and dissent are to be avoided is scale-invariant: it works the same for individuals, households, enterprises, economies, governments and empires. More...

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The (Other) Truth About The Financial Crisis: 10 "Geithner-Sized" Myths Exposed
by Jennifer Taub
Posted May 26, 2014

bank fraudAfter the crisis, many expected that the blameworthy would be punished or at the least be required to return their ill-gotten gains—but they weren't, and they didn't. Many thought that those who were injured would be made whole, but most weren't. And many hoped that there would be a restoration of the financial safety rules to ensure that industry leaders could no longer gamble the equity of their firms to the point of ruin. This didn't happen, but it's not too late. It is useful, then, to identify the persistent myths about the causes of the financial crisis and the resulting Dodd-Frank reform legislation and related implementation.

Deregulation and regulatory forbearance—too little regulation, rather than too much—contributed to the crisis. The entire toxic- mortgage supply chain was enabled by decades of deregulation and desupervision. The Levin-Coburn Report included more than eighty pages focused exclusively on the regulatory failure at one agency, the Office of Thrift Supervision (OTS). It also made recommendations for further reform beyond Dodd-Frank's changes. More...

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The Social Cost of GMOs
By Paul Craig Roberts (Asst. Sec. of the US Treasury in the Reagan Administration)
Posted May 25, 2014

Monsanto will stop humanityEcological economists such as Herman Daly write that the more full the world becomes, the higher are the social or external costs of production. Social or external costs are costs of production that are not captured in the price of the products. For example, dead zones in the Gulf of Mexico that result from chemicals used in agriculture are not included as costs in agricultural production. The price of food does not include the damage to the Gulf.

Food production is a source of large social costs. Indeed, it seems that the more food producers are able to lower the measured cost of food production, the higher the social costs imposed on society. More...

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'Tide is Turning' as Oregon Voters Overwhelmingly Approve Ban of GE Crops
by Lauren McCauley
Posted May 24, 2014

GMO ban gaining strengthIn a victory for sustainable food advocates everywhere, two counties in Oregon on Tuesday voted to ban the cultivation of genetically engineered (GE) crops.

Despite an onslaught of spending by agribusiness giants such as DuPont and Monsanto, voters in Jackson County and Josephine County overwhelming took a stand for measures protecting "seed sovereignty and local control" of food systems. The Jackson Measure 15-119 passed 66-34 percent, while the Josephine County Measure 17-58 passed 58-42 percent.

"It's a great day for the people of Oregon who care about sustainability and healthy ecosystems!" GMO Free Oregon wrote on their Facebook page after receiving the final tally. More...

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Congress Guts Anti-NSA Spying Bill Beyond Recognition; Original Cosponsor Justin Amash Votes No
by Michael Krieger
Posted May 23, 2014

One nation, under surveillanceBeing the fighter that he is, Amash regrouped and came back with an anti-NSA spying bill with some teeth to it: The USA Freedom Act. This bill concerned the establishment to such a degree that Senator Feinstein launched her own competing bill, which believe it or not, intended to codify the NSA's unconstitutional practices into law.

In the end, what the status quo did was water down the once robust USA Freedom Act into oblivion. Don't take my word for it, Justin Amash wrote the following on his Facebook page:

Today, I will vote no on ‪#‎HR3361‬, the ‪#‎USAFREEDOMAct‬. I am an original cosponsor of the Freedom Act, and I was involved in its drafting. At its best, the Freedom Act would have reined in the government's unconstitutional domestic spying programs, ended the indiscriminate collection of Americans' private records, and made the secret FISA court function more like a real court—with real arguments and real adversaries. More...

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Detroit Statement
by Matt Stannard
Posted May 22, 2014

People fighting Wall Street bankersIn solidarity with the people of Detroit, we call for a public solution to the crises caused by predatory banks and crony capitalism.

Detroit's "bankruptcy" demonstrates the failure of the big bank model to fulfill the obligations that enable the American dream. In the early 20th Century, as industrialization of cities increased in earnest, Detroit and other cities developed around a social contract –embodied in documents such as the "Treaty of Detroit" between the United Auto Workers and General Motors in 1950. The excesses of capitalism would be tempered by community responsibility; working class people would benefit along with the owning class; and shared sacrifice would minimize the impacts when times were bad.

We salute the people of Detroit for resisting a bail-in bankruptcy they did not create. We call on state, county, and municipal governments to open public banks. We ask policy makers and citizens to take further steps to democratize our economy. More...

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They Can't Outlaw The Revolution
by Chris Hedges
Posted May 21, 2014

not too big to jailCecily McMillan, the Occupy activist who on Monday morning will appear before a criminal court in New York City to be sentenced to up to seven years on a charge of assaulting a police officer, sat in a plastic chair wearing a baggy, oversized gray jumpsuit, cheap brown plastic sandals and horn-rim glasses. Other women, also dressed in prison-issued gray jumpsuits, sat nearby in the narrow, concrete-walled visitation room clutching their children, tears streaming down their faces. The children, bewildered, had their arms wrapped tightly around their mothers' necks. It looked like the disaster scene it was.

"It's all out in the open here," said the 25-year-old student, who was to have graduated May 22 with a master's degree from The New School of Social Research in New York City. "The cruelty of power can't hide like it does on the outside. You get America, everything America has become, especially for poor people of color in prison. More...

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What the 1% Don't Want You to Know
By Richard Clark
Posted May 20, 2014

Erid Holder refuses to prosecute Wall StreetAs ever more of the nation's wealth and income is being vacuumed up and/or systematically siphoned into the accounts of dynasties and oligarchs, this transition is actually being facilitated by our government. The result: an ever smaller middle class in the US, as former members are forced into poverty or near-poverty, by ever lower wages and an ever increasing scarcity of decently paid jobs.

For starters, consider the banksters as well as the government stooges who help them. A recent news report tries to make a good case that the prosecution of banksters was only about budgets, ambitious prosecutors etc. It mentions Eric Holder only once, in the very last paragraph, and then as someone who merely "laments" the situation. Not a word about how he came from a gold-plated Wall Street law firm, to which he expects to return when he tires of public service -- nor any word about his specialty in that firm: Defending the very banks of which he is now tasked with overseeing the prosecution! More...

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Why Propaganda About Generational Warfare Is Dangerous and Wrong
by Steven Rosenfeld
Posted May 19, 2014

Social securityYou might think that understanding what makes each generation unique, and how those factors end up shaping historical challenges would be of endless interest and concern to parents, educators and politicans. Instead, what we're seeing today is a rising wave of ill-informed and ugly generational warfare mongering. Led by people such as billionaire investor Pete Peterson, who has long wanted to privatize Social Security, they are trying to incite anger and jealousy in younger Americans by erroneously suggesting that older Americans are stealing their futures.

Newcomers to this bandwagon include MSNBC's Abby Huntsman, whose commentaries seek to foment Millennial anger; Pew Research Center special projects chief Paul Taylor, who told NPR while hawking his book on the coming Boomer-Millennial clash, "We've got to rebalance the social safety net so it's fair to all generations;" and even Salon.com, which writes headlines like, "Waiting for a millennial revolution: Could baby boomers' worst nightmare finally come true." The list goes on. More...

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US Politicians Line Pockets With Funds From Ecuador's Billionaire Bankers on the Lam in US
By Josephine Simmons
Posted May 18, 2014

Menendez can be bought for only $10,000"Money can't buy happiness" goes the saying. While this can be true to one extent or another, money can certainly buy protection from your enemies, as Ecuadorian billionaire brothers, Robert and William Isaias, have conveniently discovered. The Ecuadorian billionaire brothers were sentenced in 2003 in absentia to 8 years in prison on charges of embezzlement. They have since avoided punishment by lining the pockets of high-level American politicians to ensure their "safety" from Ecuadorian law.

NBC recently revealed that Sen. Menendez, under the pretext that the brothers' sentence was politically motivated, made several calls to the Department of Homeland Security and to the State Department to "protect" the poor and wrongfully targeted Isaias' from extradition back to Ecuador. However, these efforts were certainly not in the name of heartfelt concerns for the brothers, but rather in return for some political favors. As with many US politicians these days, it appears campaign donations were the main driving force at play for Sen. Menendez, despite his claim of genuine concern for the politically targeted Isaias family. More...

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The Privatization Scam: 5 Horror Stories of Gov't Outsourcing to Greedy Private Companies
By Dave Johnson
Posted May 17, 2014

privatization of public assetsHere's the scam: For decades we've been subjected to constant propaganda that government is inefficient and bureaucratic and expensive. We're told that the answer is to "privatize," or "outsource" government functions to private businesses and they will do things more efficiently and everyone comes out ahead. As a result we have experienced decades of privatization of government functions.

So how has wave of privatization this worked out? Has privatization saved taxpayers money and improved services to citizens? Simple answer: of course not. If a company can make a profit doing something the government had been doing, it means that we're losing out one way or another. It's simple math. And the result of falling for the privatization scam is that taxpayers have been fleeced, services to citizens have been cut way back and communities have been made poorer. But the companies that convinced governments to hand over public functions have gotten rich off of the deal. How is this a surprise? More...

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The Detroit Model: Permanent Rule by the Banks
by Jerry White
Posted May 16, 2014

rule by the banksThe Michigan legislature is debating a series of bills to impose a financial authority on Detroit that would remain in place long after the city emerges from bankruptcy. An unelected financial "oversight" committee, known as the Michigan Settlement Administration Authority (MSAA), would run the city for two decades, effectively usurping the local government.

When the governor of Michigan installed Emergency Manager Kevyn Orr in Detroit last March, it was presented as a temporary measure, lasting 18 months at most. Now, according to the restructuring plan submitted by Orr, a bankruptcy lawyer with close ties to Wall Street, a new body "composed of individuals with recognized financial competence and experience" will have the authority to limit city borrowing and expenditures and tear up labor agreements. More...

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Food, Energy, Finance: A Solutions Movement Takes Root In Northern California
by Michael Levitin
Posted May 15, 2014

sustainable, self sufficient  resilient communitiesPetaluma, Calif.—There's a new currency here called Bay Bucks that's helping businesses trade in services and get off the dollar. There's a new agriculture-tech startup called CropMobster helping redistribute excess produce and cut down on food waste. And a new electricity provider, Sonoma Clean Power, just flipped on the switch May 1 to supply tens of thousands of Sonoma County residents and businesses with renewable energy.

Call it the Solutions Movement. Something is stirring in northern California and it feels a lot like the future – not the Android kind, and definitely not the Wall Street kind, but a more abundant, collective form of wealth that's being generated in a community whose new energy, food and economic systems seem to be falling in sync. The takeaway from last week's Sustainable Enterprise Conference, held in Rohnert Park an hour north of San Francisco, is that the future here looks sustainable because people believe it can and must be so. More...

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Massive new fraud coverup: How banks are pillaging homes — while the government watches
by David Dayen
Posted May 14, 2014

bankers immune from prosecutionWhen financial crimes go unpunished, the root problem of fraud never gets fixed -- and these are the consequences. Despite the fact that the nation's courtrooms remain active crime scenes, with backdated, forged and fabricated documents still sloshing around them, state and federal regulators have not filed new charges of misconduct against Bank of New York, Deutsche Bank, U.S. Bank or any other mortgage industry participant, since the round of national settlements over foreclosure fraud effectively closed the issue.

Many focus on how the failure to prosecute financial crimes, by Attorney General Eric Holder and colleagues, create a lack of deterrent for the perpetrators, who will surely sin again. But there's something else that happens when these crimes go unpunished; the root problem, the legacy of fraud, never gets fixed. In this instance, the underlying ownership on potentially millions of loans has been permanently confused, and the resulting disarray will cause chaos for decades into the future, harming homeowners, investors and the broader economy. Holder's corrupt bargain, to let Wall Street walk, comes at the cost of permanent damage to the largest market in the world, the U.S. residential housing market. More...

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Los Angeles Municipal Fraud, The Next Battle Against Wall Street?
by Tom Hayden
Posted May 13, 2014

Wall Street robbing Main StreetThe next battle against Wall Street may be brewing and this one is in Los Angeles City Hall. If it erupts, the soldiers will be a scrappy, wonky, and sophisticated phalanx of labor, neighborhood, and religious activists. Their research has exposed the fact that Wall Street banks were paid $200 million in fees alone last year by the City of Los Angeles; many millions more than the city spent on fixing its streets.

The comparison between City Hall and our streets makes City Hall officials wince; claiming it mixes apples with oranges. But there's more than catchiness in the comparison. The new report, Fix LA, shows that at least $106 billion in public money overall, from airports, seaports, utilities and pension funds, goes to private financial institutions that profit from fees, lending and leveraging those funds. More...

The State of California would do well to elect Ellen Brown as their State Treasurer, as her proposals provide real solutions to the economic problems Main Street is facing.

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Hoenig: Wall Street Banks "Excessively Leveraged" at 22 to 1 Ratios
By Pam Martens
Posted May 12, 2014

Ex Fed syas banks overleveragedThis past Wednesday, Thomas Hoenig, the Vice Chairman of the FDIC and former President of the Federal Reserve Bank of Kansas City, gave a presentation to the Boston Economic Club warning that Dodd-Frank has not put an end to taxpayer bailouts. Hoenig explained why in plain-spoken language the average person can absorb.

Hoenig has consistently shown the courage of his convictions in calling for breaking up the biggest Wall Street banks through the restoration of the Glass-Steagall Act (strongly advocated by Wall Street On Parade as well) and warning that the complexity, leverage and interconnectedness of Wall Street banks that brought on the 2008 financial collapse has not ended. More...

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How the Middle Class Lifestyle Became Unaffordable
by Charles Hugh Smith
Posted May 11, 2014

middle class collapseWhy have the costs of a middle class lifestyle soared while income has stagnated?Though it is tempting to finger one ideologically convenient cause or another, there are four structural causes to this long-term trend.

The key take-away here is that the first two causes are structural and cannot be changed by passing a law or funding another state bureaucracy. Though many believe they can tax global corporate capital to eliminate wealth inequality, capital is mobile and will move to where it can expand. The dominance of money in politics also means that the political machinery is for sale to the highest bidder, which just so happens to be global capital.

Since financialization rewards both capital and the central state that depends on tax revenue, reversing financialization politically is a non-starter. More...

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False East/West Paradigm Hides The Rise Of Global Currency
by Brandon Smith
Posted May 10, 2014

false East/West paradigmDespite popular belief, very few things in our world are exactly what they seem. That which is painted as righteous is often evil. That which is painted as kind is often malicious. That which is painted as simple is often complex. That which is painted as complex often ends up being disturbingly two dimensional. Regardless, if a person is willing to look only at the immediate surface of a thing, he will never understand the content of the thing.

This fact is nowhere more evident than in the growing "tensions" between the elites of the West and the elites of the East over the crisis in Ukraine.

I am continually astonished at the refusal of many otherwise intelligent people to consider the evidence or even the possibility that there is, in reality, no fundamental political or philosophical conflict between the power brokers of the East and the West. As I outlined in great detail in Russia Is Dominated By Global Banks, Too, the truth is they are both working toward the same goal; and both ultimately benefit from an engineered and theatrical display of international brinksmanship. More...

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Who Is Behind the Pain Killer Epidemic? Big Pharma, Of Course
by Martha Rosenberg
Posted May 9, 2014

big pharma behind addiction epidemicThere is good news and bad news when it comes to the nation's decade-long opioid/heroin addiction epidemic. The good news is the government has cracked down on pill mills, strengthened warnings on pill labels and approved an injectable form of naloxone which reverses heroin overdoses and will reduce deaths in the hands of caregivers and police.

The bad news is on the same day the FDA announced plans to tighten restrictions on hydrocodone combination products like Vicodin, it approved the long-acting drug Zohydro made from hydrocodone bitartrate which has five to 10 times the abuse potential of the infamous OxyContin. The FDA did so over the objections of many medical and public health groups and its own advisory committee. More...

The people who are responsible for addicting our youth for their own personal gain will have some very serious explaining to do on judgement day, no matter if comes here on earth or the hereafter.

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Leaked Documents Show How Blackstone Fleeces Taxpayers via Public Pension Funds
by Michael Krieger
Posted May 8, 2014

banksters fleecing the taxpayersThe following story by David Sirota at PandoDaily is simply excellent. It zeros in on the secretive and rapidly expanding relationship between private equity firms and the public pensions that invest in them. It shows a crony capitalist love affair greased by lobbyist influence peddlers known as "placement agents," as well as non-public agreements between PE firms and public pensions chock full of conflicts of interest, extremely high fees and underperformance. Unbelievably, in many instances the trustees of the public pensions are not allowed to know what funds the "fund of funds" invest in. This makes due diligence impossible, and in one particularly egregious example it led the Kentucky Retirement Systems to unknowingly invest in SAC Capital despite the fact it was under SEC investigation at the time.

Furthermore, with the Wall Street Journal reporting back in 2011 that $37 of every $100 dollars invested in Blackstone's investment pool coming from state and local pension plans, it appears that taxpayers are once again being fleeced by the financial oligarch class.

After reading about a growing pool of insane "dividend deals" and payment-in-kind" notes being issued, I wondered who in their right mind was buying these deals. Well, based on the complete lack of competence and due diligence happening at public pension funds, I think we have solved part of the mystery. More...

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We're Losing the Last Shreds of Legal Rights to Protect Ourselves from Oligarchy
by Chris Hedges
Posted May 7, 2014

flag of the Corporate States of AmericaThe goals of corporate capitalism are increasingly indistinguishable from the goals of the state. The political and economic systems are subservient to corporate profit. Debate between conventional liberals and conservatives has been replaced by empty political theater and spectacle. Corporations, no matter which politicians are in office, loot the Treasury, escape taxation, push down wages, break unions, dismantle civil society, gut regulation and legal oversight, control information, prosecute endless war and dismantle public institutions and programs that include schools, welfare and Social Security. And elected officials, enriched through our form of legalized corporate bribery, have no intention of halting the process.

Our corporate masters will not of their own volition curb their appetite for profits. Human misery and the deadly assault on the ecosystem are good for business. These masters have set in place laws that, when we rise up — and they expect us to rise up — will permit the state to herd us like sheep into military detention camps. Section 1021(b)(2) is but one piece of the legal tyranny now in place to ensure total corporate control. The corporate state also oversees the most pervasive security and surveillance apparatus in human history. It can order the assassination of U.S. citizens. It has abolished habeas corpus. It uses secret evidence to imprison dissidents. It employs the Espionage Act to criminalize those who expose abuses of power. A ruling elite that accrues for itself this kind of total power, history has shown, eventually uses it. More...

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Financial Criminality: Wall Street Manipulates Energy Prices, Gold … and Every Other Market
By Washington's Blog
Posted May 6, 2014

Banks stealingThe U.S. Federal Energy Regulatory Commission says that JP Morgan has massively manipulated energy markets in California and the Midwest, obtaining tens of millions of dollars in overpayments from grid operators between September 2010 and June 2011.

Pulitzer prize-winning reporter David Cay Johnston notes today that Wall Street is trying to launch Enron 2.0:

The price of electricity would soar under the latest scheme by Wall Street financial engineers to game the electricity markets. If regulators side with Wall Street — and indications are that they will — expect the cost of electricity to rise from Maine to California as others duplicate this scheme to manipulate the markets, as Enron did on the West Coast 14 years ago, before the electricity-trading company collapsed under allegations of accounting fraud and corruption. More...

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Please Stop Me Before I Vote for a Bought-&-Paid-For Demopublican Again
by Charles Hugh Smith
Posted May 5, 2014

puppet governmentIf we only voted for unbuyable candidates, money would become poison in politics rather than mother's milk.

The solution to money in politics is simple: stop voting for politicos who accept millions of dollars in bribes, ahem, campaign contributions and who court lobbyists. It's really that easy: stop rewarding those who collect millions and start punishing them by refusing to vote for any politician who accepts more than $100 from any entity in any one election cycle.

As with so many other issues, we have been well-trained to expect a centralized authority to save us from ourselves: in effect, we're asking the Supreme Court, Congress, etc. to please stop us before we vote for a bought-and-paid-for politico again. Nobody forces us to vote for the candidate who raises the most money and blows it on media buys to persuade us that they're not bought-and-paid-for. But think about it: the very fact this craven toady can afford to spend millions of dollars on advertising proves he/she is well and truly bought-and-paid-for. More...

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The State of the Deep State - The Monster in America's Closet
by James H. Kunstler
Posted May 4, 2014

deep stateWe've been hearing a lot about the so-called Deep State lately. What to make of this shadowy monster? Some observers link it to the paranoid fantasy called the New World Order, a staple of political talk radio (and a hobgoblin I don't believe in). In popular movies such as the Jason Bourne epics and Mission Impossible, the Deep State launches hyper-complex schemes that work flawlessly and never fail. That is exactly why they have such high entertainment appeal. Viewers are thrilled by the precision, by the conceit of seeming infallibility. The Deep State definitely exists; it just doesn't work the way it is depicted in the movies.

I like to say that I'm allergic to conspiracy theories because human beings are generally too inept to carry out schemes at the grand scale, as well as being poor secret-keepers. Insider knowledge is almost always swapped around, even in secretive organizations, often recklessly so, because doling it out confers status, tactical advantage, and sometimes money for the doler-outer. But the Deep State isn't a secret. It operates in plain sight. More...

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Technology and the Future of Jobs
by BATR
Posted May 3, 2014

future of jobsTechnological development coupled with favorable political treatment is regularly the formula for massive accumulation of fortune. However, the horrendous social distortions that inexorably follows such distortions in income, much less the fact that the disappearance in living wage employment of the masses cannot be ignored without fundamental political upheaval.

Once innovated technology of a Henry Ford raised the living standards and was a benefit for society. Today's objective is to remove or eliminate the middle class as the gap in meaningful employment widens. Added leisure time has no significance if spent on playing games on an IPAD, while living off welfare government programs. More...

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Polls: Americans Are Sick of the War On Terror, War On Drugs … And All of the Other Failed U.S. Wars
by Washington's Blog
Posted May 2, 2014

let the rich fight their own warsThe American people are now overwhelmingly opposed to more war in Ukraine, Syria, Iran and elsewhere.

A new Wall Street Journal/NBC poll shows:

Americans in large numbers want the U.S. to reduce its role in world affairs even as a showdown with Russia over Ukraine preoccupies Washington ….

In a marked change from past decades, nearly half of those surveyed want the U.S. to be less active on the global stage, with fewer than one-fifth calling for more active engagement—an anti-interventionist current that sweeps across party lines. More...

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Five Stunning Facts About America's Prison System You Haven't Heard
By Sean Kerrigan
Posted May 1, 2014

broken prison system and societyAmerica's massive prison system is creating a long list of unintended consequences, some of which will effect all of us in the coming years. To help explain just how bad things have gotten, we've compiled this list of the most stunning facts and statistics on the America's prison system today.

Prisoners can be denied communication with their fellow inmates, or forbidden from voluntary associations including union membership. Obviously, they are denied their freedom to leave the prison, but they are also forced to work unpaid or for extremely low wages. Prisoners are effectively being bought and sold to private corporations who are using them as cheap labor for private gains. There is also a market for younger and healthier prisoners because their healthcare cost make them less expensive to hold. Private prison contracts allow the transfer of prisoners to state run institutions. If this is not slavery, then what is? More...

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Senate Agrees: US People Can't Know Overseas Drone Death Toll
by Jon Queally
Posted April 30, 2014

James Clapper, lied to CongressAt behest of intelligence chief, Senate removes "modest" provision that would reveal number of people killed by US attacks overseas.The Senate Intelligence Committee and the Obama administration agree on this: the American people should not know the number of people killed by U.S. drone attacks overseas, nor should they hope to understand the circumstances under which such lethal killings are authorized or executed.

This high-level agreement was confirmed on Monday after a "modest" provision designed to add transparency to the US drone assassination program was killed in the Senate committee following objections by the Obama administration's intelligence chief. More...

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Suspicious Deaths of Bankers Are Now Classified as "Trade Secrets" by Federal Regulator
By Pam Martens and Russ Martens
Posted April 29, 2014

JP Morgan headquartersIt doesn't get any more Orwellian than this: Wall Street mega banks crash the U.S. financial system in 2008. Hundreds of thousands of financial industry workers lose their jobs. Then, beginning late last year, a rash of suspicious deaths start to occur among current and former bank employees. Next we learn that four of the Wall Street mega banks likely hold over $680 billion face amount of life insurance on their workers, payable to the banks, not the families. We ask their Federal regulator for the details of this life insurance under a Freedom of Information Act request and we're told the information constitutes "trade secrets."

According to the Centers for Disease Control and Prevention, the life expectancy of a 25 year old male with a Bachelor's degree or higher as of 2006 was 81 years of age. But in the past five months, five highly educated JPMorgan male employees in their 30s and one former employee aged 28, have died under suspicious circumstances, including three of whom allegedly leaped off buildings – a statistical rarity even during the height of the financial crisis in 2008. More...

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Time to Act: Pension Funds are Drying Up
By Peter Krauth
Posted April 28, 2014

stealing pensionsOn numerous occasions, I've told you to remain on lookout for threats to your savings, including the proposed new MyRA account. If you've been counting on your pension, whether from work or even Social Security, you may want to revise those plans, as most are way underfunded.

Research by Bridgewater Associates, the world's largest hedge fund, estimates that 85% of public pensions could go bust within 30 years. Public pension funds currently have about $3 trillion in assets, but will need to pay out nearly $10 trillion over the next several decades. That would require average annual returns around 9%, but Bridgewater estimates they'll only earn about 4%, leaving pensions severely underfunded as paid benefits exceed contributions and returns. More..

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Corporate CEOs Demand that they be Tipped Off When a Whistleblower Reports their Crimes
By William K. Black, J.D., Ph.D
Posted April 27, 2014

whistleblowersThe argument that whistleblowers betray their "loyalty" to the corporation when they alert authorities to the actions of officers and employees who are likely to be violating the law and harming the corporation in order to make the CEO wealthy never made sense. CEOs leading control frauds use executive compensation and the power to hire, fire, promote, and bully to create perverse incentives to induce employees to act on their own behalf by harming the corporation. It is true that Dodd-Frank's whistleblower provisions will increase enforcement actions and civil suits, but that would be a very good thing for corporations (and shareholders) if it clawed back fraud proceeds from the controlling officers. In the longer run, more effective deterrence could reduce civil suits and enforcement actions.

It is bizarre that an attorney, who must deal constantly with officers and directors' fiduciary duties and the absolute necessity of complying with the law, would assert that employees who blow the whistle on fraud are "disloyal" to the corporation and morally degenerate "informers" while employees who say nothing and aid frauds by controlling officers are "loyal" to the corporation and morally superior. More...

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Wall Street Greed: Not Too Big for a California Jury
By Ellen Brown
Posted April 26, 2014

Wall street greedUnited States Attorney General Eric Holder has declared that the too-big-to-fail Wall Street banks are too big to prosecute. But an outraged California jury might have different ideas. As noted in the California legal newspaper The Daily Journal:

California juries are not bashful - they have been known to render massive punitive damages awards that dwarf the award of compensatory (actual) damages. For example, in one securities fraud case jurors awarded $5.7 million in compensatory damages and $165 million in punitive damages. . . . And in a tobacco case with $5.5 million in compensatory damages, the jury awarded $3 billion in punitive damages . . . .

The question, then, is how to get Wall Street banks before a California jury. How about charging them with common law fraud and breach of contract? That's what the FDIC just did in its massive 24-count civil suit for damages for LIBOR manipulation, filed in March 2014 against sixteen of the world's largest banks, including the three largest US banks – JP Morgan Chase, Bank of America and Citigroup. More...

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Unless Defeated, New FCC Rules Will Put 'Stake in Internet's Heart'
by Jon Queally
Posted April 25, 2014

stale in the Internet's heartCritics of the new rules say that this could be the moment the internet as we know it will die if the people do not rise to its defense. Defenders of an open, innovative and fair internet are up in arms Thursday after learning the Federal Communications Commission is about to issue new rule proposals that will kill the online principle known as "net neutrality."

The death of net neutrality—which has governed the equal treatment of content since the internet was created—will create, say critics, a tiered internet that allows major internet service providers like Comcast and Verizon to cut special and lucrative deals with content providers who can afford to pay for special "fast lanes." The result will be an internet that will incentivize slower traffic by ISPs and the creation of privatized, corporate-controlled "toll-roads" that will come to dominate a once fair and free environment. More...

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How the Obscenely Wealthy Are Strangling Our Democracy
By Steven Rosenfeld
Posted April 24, 2014

Money buying electionsA new academic paper by Princeton University's Martin Gilens and Northwestern University's Benjamin Page has made national headlines by concluding that wealthly Americans almost always get what they want from the political system regardless of what middle-class and working-class people seek from the government.

Most people in a democracy think that the government pays a lot of attention to average citizens. And what we found was when average citizens disagree with more affluent people and more organized interest groups, the average citizens lose out almost always. In other words, they have almost no independent influence. More...

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The Trans-Pacific Partnership Agreement (TPP): When Foreign Investors Sue the State
By Martin Khor
Posted April 23, 2014

TPP- great deal for the 1 percentThe investor-state dispute system, whereby foreign investors can sue the host-country government in an international tribunal, is one of the issues being negotiated in the Trans-Pacific Partnership Agreement.

In the public debate surrounding the Trans-Pacific Partnership Agreement (TPP), an issue that seems to stand out is the investor-state dispute settlement (ISDS) system. It would enable foreign investors of TPPA countries to directly sue the host government in an international tribunal.

Under the clause on fair and equitable treatment, which is contained in many existing trade and investment treaties, investors have sued on the ground of non-renewal or change in the terms of a licence or contract and changes in policies or regulations that the investor claims will reduce its future profits. Finally, investors can sue on the ground of "indirect expropriation". Tribunals have ruled in favour of investors that claimed losses due to government policies or regulations, such as tighter health and environmental regulations. More...

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'Flash Boys: A Wall Street Revolt,' by Michael Lewis
A Review by Susan Antilla
Posted April 22, 2014

Flash Boys, Wall Street revoltEvery reporter who's gone a few rounds with the powers that be on Wall Street recognizes the cue that they're on to something: The broker or bank executive or snarly in-house flack derides you as a flaming idiot for your ill-advised view of their very important work.

For his new book, "Flash Boys: A Wall Street Revolt," Michael Lewis has earned recognition in some Wall Street circles as the flaming idiot of the moment. The most likely explanation is that his polemic against the stock market abuses of high-frequency traders has struck an acutely touchy nerve.

"Flash Boys" deconstructs the byzantine world of Wall Street's high-frequency stock trading, the algorithm-driven transactions considered a boon to smooth and inexpensive markets by some, an exploitative labyrinth by others. More...

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World Bank Whistleblower Reveals How The Global Elite Rules The World
By Michael Snyder
Posted April 21, 2014

global elite rule the worldKaren Hudes is a graduate of Yale Law School and she worked in the legal department of the World Bank for more than 20 years. In fact, when she was fired for blowing the whistle on corruption inside the World Bank, she held the position of Senior Counsel.

She was in a unique position to see exactly how the global elite rules the world, and the information that she is now revealing to the public is absolutely stunning. According to Hudes, the elite uses a very tight core of financial institutions and mega-corporations to dominate the planet.

Karen HudesThe goal is control. They want all of us enslaved to debt, they want all of our governments enslaved to debt, and they want all of our politicians addicted to the huge financial contributions that they funnel into their campaigns. Since the elite also own all of the big media companies, the mainstream media never lets us in on the secret that there is something fundamentally wrong with the way that our system works. More...

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The Global Money Matrix: The Forces behind America's Economic Destruction
By Dr. Gary Null
Posted April 19, 2014

Money matrix destructionIn the midst of this economic turmoil there is one group that still manages to flourish: the global elite. With more than $32 trillion stashed in offshore banks around the world, the wealth of the so-called "1%" is staggeringly obscene and grows by the day.[vii] Their aggregate wealth, larger than the US GDP and national debt combined, is a testament to the tremendous influence and lobbying power held by a coterie of private interests that dominate nearly every sector of society.

Instead of reining in the inordinate control exercised by the elite, most of our elected officials have become little more than shills for these corporate overlords, creating policies that favor their campaign donors instead of the American people. Hundreds of millions of dollars were funneled into Barack Obama's 2012 presidential campaign by donors whose business affiliations run the gamut from real estate and finance to media and law firms. More...

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What's the Difference Between Fascism, Communism and Crony-Capitalism? Nothing
by Charles Hugh Smith
Posted April 18, 2014

no difference between fascism and crony capitalismThe essence of crony-capitalism is the merger of state and corporate power--the definition of fascism.When it comes to the real world, the difference between fascism, communism and crony-capitalism is semantic. Let's start with everyone's favorite hot-word, fascism, which Italian dictator Benito Mussolini defined as "the merger of state and corporate power." In other words, the state and corporate cartels are one system.

The essence of crony-capitalism is of course the merger of state and corporate power. There are two sets of laws, one for the non-elites and one for cronies, and two kinds of capitalism: the free-market variety for small businesses that are unprotected by the state and the crony variety for corporations, cartels and state fiefdoms protected by the state.

Since crony-capitalism is set up to benefit parasitic politicos and their private-sector cartel benefactors, reform is impossible. Even the most obviously beneficial variety of reform--for example, simplifying the 4 million-word U.S. tax code--is politically impossible, regardless of who wins the electoral equivalent of a game show (i.e. Demopublicans vs. Republicrats). More...

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The Global Banking Game Is Rigged, and the FDIC Is Suing
By Ellen Brown
Posted April 17, 2014

bank crime shouldn't payTaxpayers are paying billions of dollars for a swindle pulled off by the world's biggest banks, using a form of derivative called interest-rate swaps; and the Federal Deposit Insurance Corporation has now joined a chorus of litigants suing over it. According to an SEIU report:

Derivatives . . . have turned into a windfall for banks and a nightmare for taxpayers. . . . While banks are still collecting fixed rates of 3 to 6 percent, they are now regularly paying public entities as little as a tenth of one percent on the outstanding bonds, with rates expected to remain low in the future. Over the life of the deals, banks are now projected to collect billions more than they pay state and local governments – an outcome which amounts to a second bailout for banks, this one paid directly out of state and local budgets.

It is not just that local governments, universities and pension funds made a bad bet on these swaps. The game itself was rigged, as explained below. The FDIC is now suing in civil court for damages and punitive damages, a lead that other injured local governments and agencies would be well-advised to follow. But they need to hurry, because time on the statute of limitations is running out. More...

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The Hedge Fund Managers Tax Break: Because Wall Streeters Want Your Money
By Dean Baker
Posted April 16, 2014

Wall Street wants your moneyThe coming of tax day provides a great opportunity for everyone to focus on their favorite tax break, and there are many from which to choose. However for all the sneaky and squirrelly ways that the rich use to escape their tax liability, none can beat the hedge fund managers' tax break. This is the way the rich tell the rest of us, because they are rich and powerful, the law doesn't apply to them.

The hedge fund managers' tax break, which is also known as the carried interest tax deduction, is different from other tax breaks in that it has no economic rationale. With most other tax breaks there is at least an argument as to how it serves some socially useful purpose. That is not the case with the hedge fund managers' tax break. This is simply a case where the rich don't feel like paying taxes and are saying to the rest of us, "what are you going to do about it?" More...

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How to Liberate America from Wall Street Rule
by New Economy Working Group
Posted April 15, 2014

Liberate the U.S. from Wall StreetHow to Liberate America from Wall Street Rule is a report of the New Economy Working Group produced in collaboration with the New Economy Network; it is an outcome of a series of conversations focused on building a policy agenda for transforming our money system. David Korten is the lead author; participating organizations include Business Alliance for Local Living Economies, Capital Institute, Democracy Collaborative, Green America, Institute for Policy Studies, Living Economies Forum, New Economy Network, New Rules Project, Institute for Local Self-Reliance, Public Banking Institute, RSF Social Finance, and YES! Magazine.

The report calls for building a money/banking/finance system of local financial institutions that are transparent, accountable, rooted in community and dedicated to funding activities that build community wealth and meet community needs. The proposed system will look quite similar to the one that existed in the United States before the wave of financial deregulation that began in the 1960s. The How to Liberate America from Wall Street Rule report briefly traces that history, outlines its devastating consequences, and presents an agenda for corrective action to change the system rules, structure, and culture. More...

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An Open Letter to Sam Zell: Why Your Statements are Delusional and Dangerous
by Michael Krieger
Posted April 14, 2014

delusionalIndividuals, social classes, even cultures and nation-states develop storylines and so-called "myths" about themselves and how they fit into the bigger picture of current events and human history. We all see ourselves and whatever group(s) with which we identify within a particular social, political and economic context. This is obvious, yet it is much more difficult to look at your owns myths and question them. It is far easier to look at other groups' myths and heap criticism on them. That is basically all you do.

Your misdiagnosis of the root cause of the current dissent in America is a result of your obliviousness to the actual concerns of the 99%. A group about which you speak with such certainty, yet certainly know almost nothing about. More...

The mutual admiration society of cronies at the top of organizations have convinced themselves that their skimming of value adding labor from their workers is no longer worth 30 times the average worker’s salary, as it was in the past, but now 300 times the average worker’s salary. Would Zell say that this happened because the cronies are now working 10 times harder than they were in the past or that they are simply in a position of power where they can demand 10 times more parasitic tribute.

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Fault Runs Deep in Ultrafast Trading
By Andrew Ross Sorkin
Posted April 13, 2014

high frequency trading rigs the market"The United States stock market, the most iconic market in global capitalism, is rigged." That's what Michael Lewis told Steve Kroft on the CBS show "60 Minutes" on Sunday evening. It was a clever, if hyperbolic, way for Mr. Lewis to describe the topic of his important new book, "Flash Boys," a make-your-blood-boil read about the abusive way that high-frequency trading works.

Mr. Lewis's well-crafted narrative highlights a perverse system on Wall Street that has allowed certain professional investors to pay hundreds of millions of dollars a year to locate their computer servers close to stock exchanges so they can make trades milliseconds ahead of everyone else.

In some cases, the superfast investors are able to glean crucial information from the stream of trading data flowing into their systems that allows them to see what stocks other investors are about to buy before they are able to complete their orders. More...

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Is the US or the World Coming to an End?
by Paul Craig Roberts (Asst Secretary of the Treasury under the Reagan Administration)
Posted April 12, 2014

Us or world collapse?2014 is shaping up as a year of reckoning for the United States.Two pressures are building on the US dollar. One pressure comes from the Federal Reserve's declining ability to rig the price of gold as Western gold supplies shrivel and market knowledge of the Fed's illegal price rigging spreads. The evidence of massive amounts of naked shorts being dumped into the paper gold futures market at times of day when trading is thin is unequivocal. It has become obvious that the price of gold is being rigged in the futures market in order to protect the dollar's value from QE.

The other pressure arises from the Obama regime's foolish threats of sanctions on Russia. Other countries are no longer willing to tolerate Washington's abuse of the world dollar standard. Washington uses the dollar-based international payments system to inflict damage on the economies of countries that resist Washington's political hegemony. More...

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Global Rankings Study Depicts an America in Warp Speed Decline
by CJ Werleman
Posted April 11, 2014

US decliningWhile the U.S. enjoys the second highest per capita GDP of $45,336, it ranks in an underperforming 16th place overall. It gets worse. The U.S. ranks 70th in health, 69th in ecosystem sustainability, 39th in basic education, 34th in access to water and sanitation and 31st in personal safety.

More surprising is the fact that despite being the home country of global tech heavyweights Microsoft, Cisco, IBM, Oracle, and so on, the U.S. ranks a disappointing 23rd in access to the Internet. "It's astonishing that for a country that has Silicon Valley, lack of access to information is a red flag," notes Michael Green, executive director of the Social Progress Imperative, which oversees the index.

If this index is an affront to your jingoistic sensibilities, the U.S. remains in first place for the number of incarcerated citizens per capita, adult onset diabetes and for believing in angels. More...

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In The US, Democracy Is Now A Sham
by Club Orlov Blog
Posted April 10, 2014

democracy a shamThe founding principle for this new form of government which emerged in the 18th century, was that the Common Man was the ultimate source of power. Citizen legislators would enact the laws and shape the nation's destiny. But instead, our republic is now strong-armed by professional politicians. The two dominant concerns of these careerists are to STAY in power and to do the bidding of those who ENABLE them to stay in power. Anyone who doubts this statement might try explaining why campaign finance reform and term limits are perennially "off the table." Actually, that is an understatement - they aren't even in the building.

It is bad enough that the President, Congress and the Courts serve the interests of a minority that is so tiny that it is almost microscopic. What is even worse, is WHO that elite constituency is. It is exclusively THE BIGS: Big banks, Big corporations, Big agriculture, Big energy, Big pharmaceuticals, Big health care, Big high tech and the BIGGEST of them all - the military-industrial complex. More...

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Neoliberalism and the Machinery of Disposability
By Henry A Giroux
Posted April 9, 2014

disposable peopleUnder the regime of neoliberalism, especially in the United States, war has become an extension of politics as almost all aspects of society have been transformed into a combat zone. Americans now live in a society in which almost everyone is spied on, considered a potential terrorist, and subject to a mode of state and corporate lawlessness in which the arrogance of power knows no limits. The state of exception has become normalized.

What has emerged in this new historical conjuncture is an intensification of the practice of disposability in which more and more individuals and groups are now considered excess, consigned to zones of abandonment, surveillance and incarceration. Moreover, this politics of disappearance has been strengthened by a fundamental intensification of increasing depoliticization, conducted largely through new modes of spying and the smothering, if not all-embracing, market-driven power of commodification and consumption. More...

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Recipie For Revolt: America is Wealthier But Americans Are Poorer
by David Cay Johnson
Posted April 8, 2014

wealth gapWhen wages do not grow but the cost of living rises, people have a reduced capacity to save and invest. Those among the less well off who had saved only to join the ranks of the long-term unemployed have had to sell some or all of their investments to those who are better off.

How government policies worsen the nation's income and wealth disparities comes into sharp focus in a new government report on capital gains. The short story: Investing is gaining and work declining as sources of income. More...

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Money, Money, Everywhere
By Rep. Alan Grayson
Posted April 7, 2014

not helping Main StreetIn an age of disparity, corporate wealth is far from an indicator of economic health. Companies sitting on cash—the financial newsletter thinks that this is great news! Spectacular news! How nice—for them.

Here is more great news for Big Business: Corporations have been largely excused from paying taxes. The Government Accountability Office found earlier this year that the average effective tax rate on U.S. corporations is only 12.6 percent of their income. That's low enough to make Mitt Romney jealous. Hooray, say the financial newsletters! More spectacular news!

But what about the non-corporate entities in America? How are those bags of flesh and bones known as "human beings" faring? More...

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All The Presidents' Bankers: The Hidden Alliances That Drive American Power
by Naomi Prins
Posted April 6, 2014

government partnersWhile the protests against the Vietnam War intensified in the first years of the Nixon administration, the financial elite was fighting its own war—over the future of banking and against Glass-Steagall regulations. National City Bank chairman Walter Wriston was a steadfast warrior in related battles, as he fought with Chase chairman David Rockefeller for supremacy over the US banker community and for dominance over global finance.

Rockefeller's sights were set on a grander prize, one with worldwide implications: ending the financial cold war. He made his mark in that regard by opening the first US bank in Moscow since the 1920s, and the first in Beijing since the 1949 revolution. Augmenting their domestic and international expansion plans, both men and their banks prospered from the emerging and extremely lucrative business of recycling petrodollars from the Middle East into third world countries. By acting as the middlemen—capturing oil revenues and transforming them into high-interest-rate loans, to Latin America in particular—bankers accentuated disparities in global wealth. More...

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With McCutcheon Ruling, An Activist Court Opts for Full-On Plutocracy
by John Nichols
Posted April 4, 2014

coporate courtAny doubts about the determination of an activist United States Supreme Court to rewrite election rules so that the dollar matters more than the vote were removed Wednesday, when McCutcheon v. Federal Election Commission was decided in favor of the dollar.

The court that in 2010, with its Citizens United v. FEC decision, cleared the way for corporations to spend as freely as they choose to buy elections has now effectively eliminated the ability of the American people and their elected representatives to establish meaningful limits on direct donations by millionaires and billionaires to campaigns. The Citizens United ruling, coming after many previous judicial assaults on campaign finance rules and regulations, was a disaster for democracy. But it left in place at least some constraints on the campaign donors. Key among these was a limitation on the ability of a wealthy individual to donate more than a total dollar amount of $123,000 total in each two-year election cycle to political candidates and parties. More...

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'Just Salute and Follow Orders': When Secrecy and Surveillance Trump the Rule of Law
by John W. Whitehead
Posted April 3, 2014

just salute and follow ordersThere's President Obama's gaffe on the Tonight Show: "We don't have a domestic spying program," which is downright laughable in light of this past year's revelations about domestic spying by the National Security Agency. But if that still doesn't push you over the edge into near hysterics, here's one guaranteed to get the biggest laugh of all, at least from those clear-sighted enough to grasp the irony of a politician talking about "trust".

What's not at all amusing, of course, is the fact that our nation is riddled with all manner of problems, and it's because we have government officials in the executive branch, Congress, and the courts incapable of abiding by the Constitution. These people have proven time and again that they cannot be trusted to do what they say, and they certainly can't be trusted to abide by their oaths of office to uphold and defend the Constitution. More...

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Tax Dodging Companies Hoarding Nearly One Trillion Overseas
by Andrea Germanos
Posted April 2, 2014

tax cheats hurt Main StreetNew analysis, hearing, report make clear: tax dodging corporations siphon revenue that could help Main Street. Profits for U.S. companies are at a record high, yet companies have hoarded nearly one trillion overseas to dodge U.S. taxes, a new Moody's analysis shows.

The findings, based on an analysis that looked at U.S. non-financial, Moody's-rated companies, also reveal that these companies had stockpiled $1.64 trillion in cash at the end of 2013. That's about up about 12 percent from the year before.Leading the pack of cash hoarders is Apple, which stockpiled $158.8 billion last year.One of the companies exploiting tax loopholes to avoid paying U.S. taxes is Peoria, Illinois-based Caterpillar, which was scrutinized Tuesday at a Senate Permanent Subcommittee on Investigations hearing. More...

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Beware Anything Called Corporate Tax "Reform"
by Dave Johnson
Posted March 31, 2014

beware of corporate tax "reforms"Corporate tax policy involves a lot of complicated accounting language, so people tend to tune out. But you should pay attention because there is big money involved – really, really big money that could be used for roads, courts, schools, health care and all the other things government does to make our economy and our lives better.

Tax policy is one of those subjects that most people ignore. Lots of the work is done behind the scenes. Lobbyists own the process, so any reform means those with the biggest lobbyist budget come out ahead. The huge tax breaks tend to sneak through while people are not paying attention, and then we find out that the money is gone. The lobbying world knows how to game this system and a round of tax-game playoffs is about to begin. More...

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Banks Have Become the Permanent Government of Europe
by Ellen Brown
Posted March 31, 2014

behind the curtain of OzOn March 20, 2014, European Union officials reached an historic agreement to create a single agency to handle failing banks. Media attention has focused on the agreement involving the single resolution mechanism (SRM), a uniform system for closing failed banks. But the real story for taxpayers and depositors is the heightened threat to their pocketbooks of a deal that now authorizes both bailouts and "bail-ins" – the confiscation of depositor funds. The deal involves multiple concessions to different countries and may be illegal under the rules of the EU Parliament; but it is being rushed through to lock taxpayer and depositor liability into place before the dire state of Eurozone banks is exposed.

Under the new EU banking union, before the taxpayer-financed single resolution fund can be deployed, shareholders and depositors will be "bailed in" for a significant portion of the losses. The bankers thus win both ways: they can tap up the taxpayers' money and the depositors' money. More...

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The U.S. Mainstream Media Black Hole and the Danger of False Narrative
By Robert Parry
Posted March 30, 2014

False narrativesLike a decade ago with Iraq, Official Washington's pundits and pols are locked shoulder-to-shoulder in a phalanx of misguided consensus on Ukraine, presenting a false narrative that is taking U.S. policy into dangerous directions. The American people got a nasty taste of the danger that can come with false narrative when they were suckered into the Iraq War based on bogus claims that Saddam Hussein was hiding weapons of mass destruction that he planned to share with al-Qaeda.

But perhaps an even more dangerous problem coming out of the Iraq War was that almost no one in Official Washington who pushed the false narrative – whether in politics or in the press – was held accountable in any meaningful way. Many of the same pols and pundits remain in place today, pushing similar false narratives on new crises, from Ukraine to Syria to Iran. More...

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Diego Garcia Military Base: Islanders Forcibly Deported
By Sherwood Ross
Posted March 29, 2014

forcible deportationIn order to convert the sleepy, Indian Ocean island of Diego Garcia into a dominating military base, the U.S. forcibly transported its 2,000 Chagossian inhabitants into exile and gassed their dogs.

By banning journalists from the area, the U.S. Navy was able to perpetrate this with virtually no press coverage, says David Vine, an assistant professor of anthropology at American University and author of "Island of Shame: the Secret History of the U.S. Military on Diego Garcia(Princeton University Press)."

"The Chagossians were put on a boat and taken to Mauritius and the Seychelles, 1,200 miles away, where they were left on the docks, with no money and no housing, to fend for themselves," Vine said on the interview show "Books Of Our Time," sponsored by the Massachusetts School of Law at Andover. More...

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How Wall Street Is Sucking Huge Amounts of Money from Los Angeles
By Les Leopold
Posted March 28, 2014

Wall street parasitesLos Angeles paid at least $204 million in fees to Wall Street in 2013, and probably significantly more, in addition to principle and interest payments, according to the report, "No Small Fees: LA Spends More on Wall Street than Our Streets." The study, issued today by a coalition of unions and community organizations, shows that due to revenue losses from the "Great Recession," L.A. "all but stopped repairing sidewalks, clearing alleys and installing speed bumps. It stopped inspecting sewers, resulting in twice the number of sewer overflows." L.A. spends at least $51 million more in Wall Street in fees than it allocates for its entire budget for the Bureau of Street Services.

The researchers caution that the $204 million figure likely underestimates the true amount, because under current disclosure rules, deals made with private equity companies and hedge funds do not have to be publically disclosed. Also, because the city does not list all these fees in one centralized report, hundreds of individual documents must be reviewed to uncover the amounts. More...

Los Angeles could easily avoid these "fees" and interest payments by simply starting its own public bank. However, that may prove difficult as Wall Street will send its lobbyists with their $2000 suits to "persuade" the legislators why they should continue with the current system.

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A First Look At New Report On Crony Capitalism – Trillions In Corporate Welfare
by Michael Krieger
Posted March 27, 2014

crony capitalismOne of the primary topics on this website since it was launched has been the extremely destructive and explosive rise of crony capitalism throughout the USA. It is crony capitalism, as opposed to free markets, that has led to the gross inequality in American society we have today. Cronyism for the super wealthy starts at the very top with the Federal Reserve System, which consists of topdown economic central planners who manipulate the money supply and hence interest rates for the benefit of the financial oligarch class. It then trickles down through lobbyist money into the halls of Washington D.C., and ultimately filters down to local governments and then the average person on the street gaming welfare or disability.

As such, we now live in a culture of corruption and theft that is pervasive throughout society. One thing that bothers me to no end is when fake Republicans focus their criticism on struggling people who need welfare or food stamps to survive. They have this absurd notion that the whole welfare system doesn't start with the multinational corporations and Central Banks at the top. In reality, it is at the top where the cancer starts, and that's where we should focus in order to achieve real change. More...

In the time it takes a person to complain about the food stamp recipient buying a candy bar, Exxon will have received $9,000 in government subsidies.

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"Fairy Tale" Economics: "Sovereign Debt Default is Impossible"
By Matthias Chang
Posted March 26, 2014

Fairy tale economicsWhat prompted me to write the present article is because some central bankers have been spewing nonsense, and because if many out there don't use common sense, they will suffer enormous financial losses. Anyone who agrees that there can be no sovereign defaults has a fickle memory or no memory at all. Additionally, they have also forgotten the economic dogmas spread by Nobel Laureates, central bankers, financial advisers etc. which alas turned out to be fairy tales. And it was only just five years ago. People do have short memories.

Before we get to the bottom of the impossibility of sovereign defaults, let's examine some other "impossibilities" often touted by the so-called economic experts, those that have the "magical" alphabets behind their names – PhD, especially from Ivy League universities. I prefer to call these so-called experts "Phony Donkeys". No doubt there are exceptions, but not many. More...

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The Fourteen Year Economic Recession
by James Quinn
Posted March 25, 2014

stealing from the workersThe owners of this country (bankers, billionaires, corporate titans, politicians) want more for themselves and less for everyone else. They want an educational system that creates ignorant, obedient, vacuous, obese dullards who question nothing, consume mass quantities of corporate processed fast food, gaze at iGadgets, are easily susceptible to media propaganda and compliant to government regulations and directives. They don't want highly educated, critical thinking, civil minded, well informed, questioning citizens understanding how badly they have been screwed over the last century. I'm sorry to say, your owners are winning in a landslide.

We've become a nation of techno-narcissistic, math challenged, reality TV distracted, welfare entitled, materialistic, gluttonous, indebted consumers of Chinese slave labor produced crap. There are more Americans who know the name of Kanye West and Kim Kardashian's bastard child (North West) than know the name of our Secretary of State (Ketchup Kerry). Americans can generate a text or tweet with blinding speed but couldn't give you change from a dollar bill if their life depended upon it. While the ignorant masses are worked into a frenzy by the media propaganda machine over gay marriage, diversity, abortion, climate change, and never ending wars on poverty, drugs and terror, our owners use their complete capture of the financial, regulatory, political, judicial and economic systems to pillage the remaining national wealth they haven't already extracted. More...

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More Americans Killed By Police Than By Terrorists: With Crime Down, Why Is Police Aggression Up?
By Dave Lindorff
Posted March 24, 2014

police militarizationYou might not know it from watching TV news, but FBI statistics show that crime in the U.S.—including violent crime—has been trending steadily downward for years, falling 19% between 1987 and 2011. The job of being a police officer has become safer too, as the number of police killed by gunfire plunged to 33 last year, down 50% from 2012, to its lowest level since, wait for it, 1887, a time when the population was 75% lower than it is today. So why are we seeing an ever increasing militarization of policing across the country?

Given the good news on crime, what are we to make of a report by the Justice Policy Institute, a not-for-profit justice reform group, showing that state and local spending on police has soared from $40 billion in 1982 to more than $100 billion in 2012. Adding in federal spending on law enforcement, including the FBI, Alcohol, Tobacco and Firearms, the Drug Enforcement Agency and much of the Homeland Security Department budget, as well as federal grants to state and local law enforcement more than doubles that total. A lot of that money is simply pay and benefits. The federal Bureau of Justice Statistics reports that the ranks of state and local law enforcement personnel alone swelled from 603,000 to 794,000 between 1992 and 2010. That's about two-thirds as many men and women as the entire active-duty US military. More...

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How (& Why) JPMorgan & COMEX Should Be Sued For Precious Metals Manipulation
by Ted Butler
Posted March 23, 2014

market manipulationThe stakes in a COMEX silver/gold/copper manipulation lawsuit are staggering. Not only is market manipulation the most serious market crime possible, the markets that have been manipulated and the number of those injured are enormous. I don't think it's an exaggeration to say that any finding that JPMorgan and the COMEX did manipulate prices as I contend could very well result in the highest damage awards in history. That's no small thing considering the tens of billions of dollars that JPMorgan has coughed up recently for infractions in just about every line of their business.

JPMorgan has a history of proclaiming it is hedging when confronted with an unnecessarily large speculative position. The first thing the bank declared when the London Whale debacle surfaced was that it was part of a hedge against the bank's portfolio. But that was openly scoffed at and quickly discarded as an excuse. JPM is likely to trot out the hedging or market making justification, but any competent attorney will blow that away. No one (openly or legitimately) granted JPMorgan the right to maintain market corners in COMEX gold and silver. More...

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Take These Steps Today To Survive An International Crisis
by Brandon Smith
Posted March 22, 2014

prepare for a crisisIt is now impossible to ignore the potential threat to our economy. No longer can people claim that "perhaps" there will be a crisis someday, that perhaps "five or 10 years" down the road we will have to face the music. No, the threat is here now, and it is very real. The loss of the dollar's world reserve status will destroy the only thread holding up its value, namely, investor faith. There are only two possible outcomes from that point onward:

A) The U.S. will be forced to default because no nation will purchase our Treasury bonds and support our debt spending, causing the dollar's value to implode.

B) The Fed will choose to restart and expand quantitative easing measures, confiscate pension funds, raid bank accounts or issue new taxes in order to keep the system afloat; this will also end in the eventual collapse of dollar value and hyperinflation. More...

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The Poisons of Extreme Wealth and Inequality
By Richard Waddell
Posted March 21, 2014

extreme wealthWealth, poverty, and inequality are all - in excess - poisonous to our nation. They poison our economy, political system, education system, justice system and our culture.

As demonstrated over and over, those with excess wealth are keen to protect that wealth and to add more. One of their favored investments is real estate, but available and suitable properties are limited. Excess wealth chasing limited supplies drives up prices so the average young family must scrimp and save for years before they can buy their own home. For many, the American dream will fizzle out. More...

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25 Fast Facts About The Federal Reserve: "Biggest Ponzi Scheme in World History"
By Michael Snyder
Posted March 20, 2014

Federal ReserveAs we approach the 100 year anniversary of the creation of the Federal Reserve, it is absolutely imperative that we get the American people to understand that the Fed is at the very heart of our economic problems. It is a system of money that was created by the bankers and that operates for the benefit of the bankers. The American people like to think that we have a "democratic system", but there is nothing "democratic" about the Federal Reserve. Unelected, unaccountable central planners from a private central bank run our financial system and manage our economy.

There is a reason why financial markets respond with a yawn when Barack Obama says something about the economy, but they swing wildly whenever Federal Reserve Chairman Ben Bernanke opens his mouth. The Federal Reserve has far more power over the U.S. economy than anyone else does by a huge margin. The Fed is the biggest Ponzi scheme in the history of the world, and if the American people truly understood how it really works, they would be screaming for it to be abolished immediately. The following are 25 fast facts about the Federal Reserve that everyone should know. More...

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Today We're All Irish: Debt Serfdom Comes to America
By Ellen Brown
Posted March 19, 2014

debt is the slavery of the "free"In the American South (mainly New Orleans), the Irish lived in swamp land infested with disease. Here, Irish men were looked upon as actually lower than slaves. As one historian put it, if a plantation owner lost a slave, he lost an investment; if he lost a laborer, he could always get another. Because the Irish workers were plentiful and expendable, they were often sent in to do dangerous jobs for which the slave-owners were reluctant to send their valuable slaves.

This form of "debt slavery" or "debt peonage" was not just an accidental development of history. It was a deliberately-planned alternative to the slave arrangement in which owners were responsible for the feeding and care of a dependent population, and it is still with us today. Although European financiers were in favor of an American Civil War that would return the United States to its colonial status, they admitted privately that they were not necessarily interested in preserving slavery. They preferred "the European plan": capital could exploit labor by controlling the money supply, while letting the laborers feed themselves. More...

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Why commercial banks should support a publicly-owned SuperBank in Florida
By Farid Khavari
Posted March 18, 2014

public bank for FloridaTo many bankers, the first thing that comes to mind when a publicly-owned bank is proposed is "socialism". In fact, a publicly-owned bank could be the best thing that ever happened for Florida's banks, and the correct term is "Public Capitalism."

A publicly-owned SuperBank can create jobs by organizing and financing demand, and by reducing costs that otherwise absorb disposable income. A publicly owned bank can mop up the inventory of foreclosed homes and finance them for customers who would not otherwise qualify, by keeping low-interest short term mortgages in the bank's filing cabinet instead of reselling them. Most importantly, by monetizing new activity the SuperBank would inject billions of dollars per year into Florida's economy. As long as the money created supports new wealth-creating activity, adding money to the system is not inflationary. More...

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How the NSA Plans to Infect 'Millions' of Computers with Malware
By Ryan Gallagher and Glenn Greenwald
Posted March 17, 2014

big brother is watchingTop-secret documents reveal that the National Security Agency is dramatically expanding its ability to covertly hack into computers on a mass scale by using automated systems that reduce the level of human oversight in the process.

The classified files – provided previously by NSA whistleblower Edward Snowden – contain new details about groundbreaking surveillance technology the agency has developed to infect potentially millions of computers worldwide with malware "implants." The clandestine initiative enables the NSA to break into targeted computers and to siphon out data from foreign Internet and phone networks. More...

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The State, the Deep State, and the Wall Street Overworld
By Prof Peter Dale Scott
Posted March 16, 2014

deep state - shadow governmentIn the last decade it has become more and more obvious that we have in America today what the journalists Dana Priest and William Arkin have called two governments: the one its citizens were familiar with, operated more or less in the open: the other a parallel top secret government whose parts had mushroomed in less than a decade into a gigantic, sprawling universe of its own, visible to only a carefully vetted cadre – and its entirety…visible only to God.

There is the visible government situated around the Mall in Washington, and then there is another, more shadowy, more indefinable government that is not explained in Civics 101 or observable to tourists at the White House or the Capitol. The former is traditional Washington partisan politics: the tip of the iceberg that a public watching C-SPAN sees daily and which is theoretically controllable via elections. The subsurface part of the iceberg I shall call the Deep State, which operates according to its own compass heading regardless of who is formally in power. More...

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Vermonters Want To Try a New Way of Banking
By Kevin Mathews
Posted March 15, 2014

building a new economyVermont is currently considering massive changes in the way it conducts banking by instituting a public bank of its own.

The proposal would give Vermont Economic Development Authority a banking license and allocate it 10% of taxes collected by the state, rather than the current scenario where large banks outside of the state hold (and use) Vermont's money. With Vermont in control of its own finances, the state could use the money to fund projects that benefit the state and local economies, including granting loans to Vermonters.

More than 20 Vermont towns met this month to weigh the merits of public banking and the response was extremely favorable. By a margin of about 2:1, Vermonters advocated for public banking. More...

This is a critical first step in taking power away from Wall Street and giving back to the people. The Money Changers realize that if this trend were to spread, it would be a stake in their vampire hearts. Watch carefully as the Money Changers get their puppets in the media to criticize, ridicule, and generally trash this public bank in their efforts to protect the money flow into their coffers.

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Cloudy With a Chance of Radicalism. Or... Turning the Tables on the Big Banks?
By Hannah Appel & JP Massar
Posted March 14, 2014

Eminent Domain to save homeownersIn an earlier essay, Hannah and I told the story of Richmond, California, a small city with big plans to end its foreclosure crisis via a novel use of eminent domain.

If successful, this plan could set a nationwide precedent, and Strike Debt Bay Area (@StrikedebtBA), among other groups, is fighting to push it through against pressure from big banks and big government alike. But there's a new twist on the concept of using eminent domain that could have far wider implications not only for the foreclosure crisis, but also for the power of big banks. In this post we explore that twist - referred to here as "clouded chain of title" - and its potential implications. More...

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55 Things About America You May Not Know
by Mike Snyder
Posted March 13, 2014

things you may not knowIs America the greatest nation on the planet? Before you answer that question, you might want to check out the statistics that I have shared in this article first. The reality is that the United States is in a deep state of decline, and it is getting harder to deny that fact with each passing day. Mentally, emotionally, physically, spiritually and financially we are a train wreck. Many that are "patriotic" attempt to put a happy face on our growing problems, but the truly patriotic thing to do is to admit just how bad things have gotten so that we can start finding solutions.

If you truly love this country, then you should know that this nation needs a huge wake up call. We have abandoned the values and the principles that early Americans held so dear, and as a result our society is a giant mess. The following are 55 things about America that you may not know...More...

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Lights, Camera, Arrested: Americans Are Being Thrown in Jail for Filming Police
By John Whitehead
Posted March 12, 2014

police accountability"I thought I had freedom of speech here," the man said to the police officer.

"You don't. You just lost it," the officer replied.

Once again, the U.S. government is attempting to police the world when it should be policing its own law enforcement agencies. We've got a warship cruising the Black Sea, fighter jets patrolling the Baltic skies, and a guided-missile destroyer searching the South China Sea for the downed Malaysia Airlines flight. All the while, back home in the U.S., our constitutional rights are going to hell in a hand basket, with homeowners being threatened with eviction for attempting to live off the grid, old women jailed for feeding crows, and citizens armed with little more than a cell phone arrested for daring to record police activities. More...

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The Real Story Behind the Detroit Pension Fight and What it Means to America's Future
By Lynn Stuart Parramore
Posted March 9, 2014

is Detroit the canary in the cloal mine for the 99%?Is Detroit the canary in the coal mine for the 99 percent?

When the city of Detroit filed for Chapter 9 bankruptcy in July 2013, America sucked in a collective gasp. This was the largest municipal bankruptcy filing in U.S. history by the amount of debt ($18–20 billion), and Detroit was the largest city ever to officially go bust.

A few months before the bankruptcy, the state of Michigan appointed an emergency manager, Kevyn Orr, to sort things out in Motor City. Orr was given extraordinary powers to rewrite contracts and liquidate some of the city's most valuable assets. The burning question: Who would be responsible for the enormous debt? Soon enough it became clear that the folks who would be asked to take the hit were not those who created the problems. Just as in so many other parts of the world in the wake of the 2007-'08 financial meltdown, innocent people who did nothing but get up every day and go to work would be asked to pay the bill. More...

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The World's Coming Trillionaires
Christina Sarich
Posted March 8, 2014

greed, gluttony, slavery for the restThis society – our society, according to a recent Credit Suisse annual Global Wealth Report will create 11 trillionaires in the next decade. The report also states that global wealth has more than doubled in the past ten years – so where did all the money go?

Our monetary system is run for bankers, by bankers. Our health-care system is run by pharmaceutical companies and insurance companies for their own gain. Billionaires at the top of biotech and agricultural corporations, given 'personhood', dictate our food supply, and our energy supply is held hostage by equal maniacal greed. The 'military' – well that system isn't in place to protect you and I, the average citizen, it is in place to protect the banks, the pharmaceutical companies and the corporations. The politicians – they aren't in their positions to be 'the voice of the people' – they are there to act with herd-like mentality, propping up the centralist agenda, and to go home to bed thinking they are safe from the trajectory of their ill-imagined actions. This society allows for a huge displacement of wealth, and the stealing of resources from every conceivable area to form a massive load of debt – one so huge it enslaves us for decades, if not centuries to come to the elite class. More...

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Meet the Company That Can Track Everywhere You've Been and Tell Police About It
By Tana Ganeva
Posted March 7, 2014

corporate run around of consitutionLast month, the Department of Homeland Security called for bids on a national license plate tracking system. The database would contain information from license-plate-reader cameras that scan and log passing cars and assist Immigration and Customs Enforcement in hunting down "criminal aliens and absconders," according to the contract proposal. As the Washington Post pointed out, DHS failed to address the privacy issues that might arise from recording the movements of anyone who's ever been in a car.

After the bid unleashed a torrent of criticism and bad publicity, DHS canceled the contract proposal and claimed that ICE leadership didn't even know about this effort to up their game. Everyone relaxed; DHS was not trying to build a database of everybody's vehicular movements after all. As it turns out, DHS didn't need a national license-plate database, because such a database already exists. It's run by a private company called Vigilant Solutions and ICE and other law enforcement agencies have been dipping into it for years, according to documents obtained by ACLU Massachusetts. More...

So the government can now claim that they are not violating the constitution because they outsourced the spying to corporations. Great way to work around the constitution.

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The Powers and Abuses of America's Mega-Corporations
By Dr. Gary G. Kohls
Posted March 6, 2014

buying powerIn 2010 the NeoConservative, pro-corporate, anti-democratic Roberts' 5/4 Supreme Court's decided in the Citizens United vs. Federal Election Commission ruling to grant personhood to corporations by allowing unlimited, anonymous monetary contributions to political campaigns and candidates. This ruling, called by many to be the worst Supreme Court decision of the past century, has emboldened the already powerful and corruptible multinational corporations (that now have achieved dominion over US politics as well as the economy) to "buy" any number of politicians and brain-wash voters by multi-million dollar ad campaigns that the rest of us can't afford to counter in state and national elections.

The US Supreme Court has thus made legal the absurd notion that inanimate corporations like PolyMet and GTac (potential despoilers of northern Minnesota and northern Wisconsin's irreplaceable wetlands, aquifers and aboriginal land and water rights) deserve the same privileges (but not the same responsibilities) as living humans. More...

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The Stone That Brings Down Goliath? Richmond and Eminent Domain
By Ellen Brown
Posted March 5, 2014

bringing down the big banksIn a nearly $13 billion settlement with the US Justice Department in November 2013, JPMorganChase admitted that it, along with every other large US bank, had engaged in mortgage fraud as a routine business practice, sowing the seeds of the mortgage meltdown. JPMorgan and other megabanks have now been caught in over a dozen major frauds, including LIBOR-rigging and bid-rigging; yet no prominent banker has gone to jail. Meanwhile, nearly a quarter of all mortgages nationally remain underwater (meaning the balance owed exceeds the current value of the home), sapping homeowners' budgets, the housing market and the economy. Since the banks, the courts and the federal government have failed to give adequate relief to homeowners, some cities are taking matters into their own hands.

Gayle McLaughlin, the bold mayor of Richmond, California, has gone where no woman dared go before, threatening to take underwater mortgages by eminent domain from Wall Street banks and renegotiate them on behalf of beleaguered homeowners. A member of the Green Party, which takes no corporate campaign money, she proved her mettle standing up to Chevron, which dominates the Richmond landscape. But the banks have signaled that if Richmond or another city tries the eminent domain gambit, they will rush to court seeking an injunction. Their grounds: an unconstitutional taking of private property and breach of contract. More...

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Yes, There Are Paid Government Trolls On Social Media, Blogs, Forums And Websites
By Michael Snyder
Posted March 4, 2014

government trollsDo you want solid proof that paid government shills are targeting websites, blogs, forums and social media accounts? For years, many have suspected that government trolls have been systematically causing havoc all over the Internet, but proving it has been difficult. But now thanks to documents leaked by Edward Snowden and revealed by Glenn Greenwald, we finally have hard evidence that western governments have been doing this. As you will see below, a UK intelligence outfit known as the Government Communications Headquarters, through a previously secret unit known as the Joint Threat Research Intelligence Group, has been systematically attempting "to control, infiltrate, manipulate, and warp online discourse". This should be deeply disturbing to anyone that values free speech on the Internet.

It isn't just that the British government is trying to influence what people are thinking. The reality is that this is far bigger than a mere propaganda campaign. As Greenwald recently noted on his new website, the "integrity of the Internet itself" is at stake... More...

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The Mess on Our 'Information Superhighway'
by Sam Pizzigati
Posted March 3, 2014

info superhighway messWhy should moving data around be any different from moving people? No private party ought to be getting rich off a basic public trust.

So how would thinking "superhighway" help us out of this mess? America's only actual "superhighway" — our Interstate road network — demonstrates quite neatly the wonders we can realize once we start thinking about basic infrastructure as a public good, not a source of grand private fortune.Americans currently pay much more for Internet than just about everybody else in the developed world. Other countries have established fast, cheap Internet access as a given of modern life. In the United States, we surf the Net at Model-T speeds — and tens of millions of Americans still have no broadband access at all.

This pitiful situation may soon get worse. Two corporate giants that share significant responsibility for our current digital state of affairs, Comcast and Time Warner, are now seeking regulatory approval for a $45 billion merger that would leave Comcast controlling the bulk of the nation's broadband access. More...

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The Criminalization of Journalism: Who is Barrett Brown?
By Birgitta Jonsdottir
Posted March 2, 2014

Barrett Brown The curious case of Barrett Brown —a freelance journalist and satirist, turned political prisoner— has captivated thousands in the lead-up to what many are calling a "show trial" slated to take place in Dallas, TX, later this year. In an open letter published this morning (and attached below), Icelandic MP, Birgitta Jonsdottir claims the charges against Brown are part of a larger "unjust war on whistleblowers, journalists, and information activists." Brown, who has been incarcerated since September 12, 2012, is facing three separate indictments carrying a sum of 17 federal charges, each related to his work withProject PM (a crowdsourced journalism initiative aimed at shedding light on private contractors in the intelligence industry.) Brown's charges, should he be sentenced to them consecutively, have him facing 105 years in Federal prison.

At the core of these charges is an argument that Brown's alleged conduct of linking to, and editorialized upon, documents leaked by others to an unrelated 3rd party is tantamount to the leaking itself and henceforth constitutes a criminal violation of fraud and abuse. This controversial contention has triggered a groundswell of support from press freedom foundations and activists that see Brown's case as a canary in the coal mine of permissible internet speech. More...

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The "Deep State" - How Much Does It Explain?
By Mike Lofgren
Posted March 1, 2014

Military-industrial-security complexEveryone knows about the military-industrial complex, which, in his farewell address, President Eisenhower warned had the potential to "endanger our liberties or democratic process" but have you heard of the "Deep State?"

Mike Lofgren, a former GOP congressional staff member with the powerful House and Senate Budget Committees, joins Bill to talk about what he calls the Deep State, a hybrid of corporate America and the national security state, which is "out of control" and "unconstrained." In it, Lofgren says, elected and unelected figures collude to protect and serve powerful vested interests. "It is … the red thread that runs through the history of the last three decades. It is how we had deregulation, financialization of the economy, the Wall Street bust, the erosion or our civil liberties and perpetual war." More...

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The National Debt Cannot Be Paid Off
by Keith Weiner
Posted February 28, 2014

debt can never be repayedTo understand debt, credit and the importance of redemption, consider Joe borrowing sugar from neighbor Sue. To pay Sue back, Joe goes to the store, buys sugar and hands it to Sue. Not only is Sue repaid; the debt goes out of existence—it is extinguished. Borrowing money used to be like borrowing sugar. The repayment of debt in gold-backed dollars settled the loan and wiped the debt clean.

Not anymore, since Nixon detached the dollar from gold. By making people pay with paper-only dollars, each debt is transferred, not cleared.

Suppose Sue owed Joe $1,000, then hands Joe ten $100 bills. Sue gets out of the debt loop. But now the Fed owes Joe the $1,000. What does Joe do? He deposits his cash in a bank. Now the bank owes Joe money, while the Fed owes the bank. What does the bank do? It buys a Treasury bond. Now the Treasury owes the bank. And so on. More...

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The Conspiracy Theory Is True: Agents Infiltrate Websites Intending To "Manipulate, Deceive, And Destroy Reputations"
by Zero Hedge
Posted February 27, 2014

government deceptionIn the annals of internet conspiracy theories, none is more pervasive than the one speculating paid government plants infiltrate websites, social network sites, and comment sections with an intent to sow discord, troll, and generally manipulate, deceive and destroy reputations. Guess what: it was all true.

And this time we have a pretty slideshow of formerly confidential data prepared by the UK NSA equivalent, the GCHQ, to confirm it, and Edward Snowden to thank for disclosing it. The messenger in this case is Glenn Greenwald, who has released the data in an article in his new website, firstlook.org, which he summarizes as follows: "by publishing these stories one by one, our NBC reporting highlighted some of the key, discrete revelations: the monitoring of YouTube and Blogger, the targeting of Anonymous with the very same DDoS attacks they accuse "hacktivists" of using, the use of "honey traps" (luring people into compromising situations using sex) and destructive viruses. But, here, I want to focus and elaborate on the overarching point revealed by all of these documents: namely, that these agencies are attempting to control, infiltrate, manipulate, and warp online discourse, and in doing so, are compromising the integrity of the internet itself." Call it Stasi for "Generation Internet." More...

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LAPD Goes to Israel, Falls in Love With Drones and Mass Surveillance
By Rania Khalek
Posted February 26, 2014

drones over the U.S.The Jewish Journal has an incredible write-up of the Los Angeles Police Department's (LAPD) recent visit to Israel. For nine days early this month, eight of the LAPD's highest ranking officers toured Israel on a trip organized by LAPD Deputy Chief and commander of the Counter-Terrorism and Special Operations Bureau, Michael Downing, and headed by LAPD Information Technology Bureau commander Horace Frank.

Though LAPD officers have visited Israel in the past, this appears to have been the most high-level trip to date. But this was not your typical propaganda tour. Instead of stopping at the Western Wall or Yad Vesham as many foreign dignitaries do, officers visited Israel's private security firms and drone manufacturers, most of them formed by veterans of the Israeli military's top-secret 8200 Unit, which, like the US National Security Agency, engages in mass spying and cyber warfare. More...

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Inequality worse now than on 'Downton Abbey
by Brett Arends
Posted February 25, 2014

even worse than aristocracyU.S. fans of the hit British TV series, whose latest season ended last night, may think they are looking through a window at a lost world of privilege and poverty, aristocrats and servants, "upstairs" and "down."
But they should think again. A research paper to be presented this week at the National Bureau of Economic Research, a leading think tank, will confirm that the U.S. today has become as unequal as the England of the Earl of Grantham, Lady Mary, Daisy the kitchen maid and Carson the butler a hundred years ago.

In the U.S. today, the top 0.01% enjoy wealth well beyond what Lady Edith and her ilk possessed in the 1920s. The richest take home a higher share of national income in America today than did the aristocrats and superrich of 1920s England. The poor today take home a smaller share than the butlers, chauffeurs and other working folk did back then. More...

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Exxon CEO Profits Huge As America's Largest Natural Gas Producer - But Frack In His Own Backyard And He Sues!
by Rich Ungar
Posted February 24, 2014

Rex Tillerson no fracking in my backyardSometimes, the hypocrisy expressed in real life is so sublimely rich that one could never hope to construct a similar scenario out of pure imagination. Meet Rex Tillerson, the CEO of oil and gas superstar ExxonMobile Corporation—the largest natural gas producer in these United States of America—and a newly emerging giant in the world of exquisite hypocrisy.

A key and critical function of Mr. Tillerson's day job is to do all he can to protect and nurture the process of hydraulic fracturing—aka 'fracking'—so that his company can continue to rack in billions via the production and sale of natural gas. Indeed, so committed is Rex to the process of fracking that he has loudly lashed out at those who criticize and seek to regulate hydraulic fracturing, suggesting that such efforts are a very bad idea, indeed. More...

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State banks would mean jobs, credit and investment: Why don't we?
by Systemic Disorder
Posted February 23, 2014

jobs, investment, and lower taxesOne of the many problems with the current banking system is that your tax money helps fuel speculation. Unless there is a public bank that your local government can place deposits into, revenues are the playthings of big banks.

Some of that money will go toward investment via loans — at a hefty profit to the bank, of course — but a significant portion will go toward risky, socially harmful speculation. What if these public funds were instead put in a professionally run public bank? There would be more funds available for investment, significant savings on interest costs and more jobs would be created. That is the conclusion of a series of studies examining the issue. More...

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Privatized Government Services Lead to Millions for Corporate CEOs
by Nick Schwellenbach
Posted February 22, 2014

for profit prison complexState and local governments around the country have sold off functions that once were provided largely, if not entirely, by government workers. But it is becoming increasingly clear that that these privatization deals not only reduce democratic control over services the public pays for, but, despite attacks on the public sector, outsourcing is often more expensive to boot.

Yesterday, the latest round of evidence was published by the Center for Media and Democracy (CMD), a nonprofit organization. Its report, EXPOSED: America's Highest Paid Government Workers, documents the not-so-pretty reality of outsourcing our public services to for-profit companies. It focuses on the salaries of corporate CEOs.

"Given these astronomical salaries, and evidence of higher prices, poor service, and at times outright malfeasance, taxpayers have every right to be concerned about how their outsourced dollars are spent," said Lisa Graves, executive director of CMD, in a written statement. More...

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U.S. Plummets in Global Press Freedom Rankings
Josh Stearns
Posted February 21, 2014

no freedom of the pressAccording to a new report from Reporters Without Borders, there was a profound erosion of press freedom in the United States in 2013. After a year of attacks on whistleblowers and digital journalists and revelations about mass surveillance, the United States plunged 13 spots in the group's global press freedom rankings to number 46.

Citing the Justice Department's aggressive prosecution of whistleblowers, including its secret seizure of Associated Press phone records, the authors write that "freedom of information is too often sacrificed to an overly broad and abusive interpretation of national security needs, marking a disturbing retreat from democratic practices. Investigative journalism often suffers as a result." The threats facing newsgathering in the U.S. are felt by both longstanding journalists like New York Times national security reporter James Risen, who may serve jail time for refusing to reveal a source, and non-traditional digital journalists like Barrett Brown. More...

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The Spoils of War: Afghanistan's Multibillion Dollar Heroin Trade
By Prof Michel Chossudovsky
Posted February 20, 2014

US troops poppy fieldsWashington's Hidden Agenda: Restore the Drug Trade. Since the US led invasion of Afghanistan in October 2001, the Golden Crescent opium trade has soared. According to the US media, this lucrative contraband is protected by Osama, the Taliban, not to mention, of course, the regional warlords, in defiance of the "international community".

The proceeds of the drug trade are deposited in the banking system. Drug money is laundered in the numerous offshore banking havens in Switzerland, Luxembourg, the British Channel Islands, the Cayman Islands and some 50 other locations around the globe. It is here that the criminal syndicates involved in the drug trade and the representatives of the world's largest commercial banks interact. Dirty money is deposited in these offshore havens, which are controlled by the major Western commercial banks. The latter have a vested interest in maintaining and sustaining the drug trade. (For further details, see Michel Chossudovsky, The Crimes of Business and the Business of Crimes, Covert Action Quarterly, Fall 1996)

Once the money has been laundered, it can be recycled into bona fide investments not only in real estate, hotels, etc, but also in other areas such as the services economy and manufacturing. Dirty and covert money is also funneled into various financial instruments including the trade in derivatives, primary commodities, stocks, and government bonds. More...

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G-20 Protester's Amazing Statement To Court Before Sentencing
By Joel Bitar
Posted February 19, 2014

G20 protests TorontoThe statement below, which provides an excellent analysis of the economic, environmental and military issues facing the world, was made by G-20 protester, Joel Bitar. It was made to Justice Ronald Boivin as part of the process of sentencing for his role in the G-20 protests in 2010. Family and friends applauded after Bitar finished reading his letter to the justice. Before sentencing him, even Justice Boivin said he was impressed with the statement.

Joel was arrested in New York City on an arrest warrant on February 14, 2013 by US federal marshals acting on a foreign extradition request from Canadian authorities. Joel was charged with 26 counts, almost all relating to property damage that occurred during the G20 summit protests in Toronto, Ontario, Canada in June 2010. On Friday, April 12th, Joel waived extradition, which allowed him to voluntarily return to Canada for arraignment. On April 16th, Joel traveled to Canada with his father and was immediately arrested by Canadian authorities upon his arrival at Pearson International Airport in Toronto. He was arraigned the next day and released on $100,000 bond. He was allowed to return to New York City and required to return to Canada for court hearings. More...

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The Devil's 2014 Missive To His Minions
by Charles Hugh-Smith
Posted February 18, 2014

letter The Devil pens a motivational letter to his minions in America. Through means I am unable to disclose, I have obtained a copy of the Devil's New Year's missive to his minions in America. Though it appears He delivered his letter on January 1, it has taken me until after Lunar New Year to obtain a copy. The Devil's gleeful anticipation of America's ruination by 2015 should give us pause.

Though my minions have long sown festering seeds of hate and disharmony in that now-benighted land, only recently have my favored weapons of destruction--leverage, debt, half-truths and endless, preening justifications for self-aggrandizement, greed, sloth, lust, pride, envy, anger and gluttony--have been unleashed to worm their way into the stricken heart of that Republic. My most treasured hopes of destitution and conflict in the U.S.A. are nearing fruition. More...

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Why the First Issue Is Money in Politics
by John Light
Posted February 17, 2014

finest government money can buyConstitutional scholar and activist Lawrence Lessig, often says that his crusade is the most urgent in America because it impacts virtually every other issue. From achieving tax reform to fighting climate change to strengthening the social safety net, we will see no progress until the wealthy entities that benefit can no longer buy up politicians to prevent the status quo from changing.

"The people who want to stop reform will pay an enormous amount of money to be able to achieve that," Lessig told us when we met during his march. "…What this system has done is made the politics of dysfunction incredibly profitable." Some lobbyists, he noted, even advertise their ability to exploit the system and use legislators to "delay and obstruct" progress in Congress.

"We will never get your issue solved until we fix this issue first," Lessig said in a TED talk last year. "So it's not that mine is the most important issue. It's not. Yours is the most important issue, but mine is the first issue, the issue we have to solve before we get to fix the issues you care about." More...

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How the Credit Card Gravy Train Is Running Over You
by Ellen Brown
Posted February 16, 2014

you are paying a bank taxThe credit card business is now the banking industry's biggest cash cow, and it's largely due to lucrative hidden fees. You pay off your credit card balance every month, thinking you are taking advantage of the "interest-free grace period" and getting free credit. You may even use your credit card when you could have used cash, just to get the free frequent flier or cash-back rewards. But those popular features are misleading. Even when the balance is paid on time every month, credit card use imposes a huge hidden cost on users—hidden because the cost is deducted from what the merchant receives, then passed on to you in the form of higher prices.

Visa and MasterCard charge merchants about 2% of the value of every credit card transaction, and American Express charges even more. That may not sound like much. But consider that for balances that are paid off monthly (meaning most of them), the banks make 2% or more on a loan averaging only about 25 days (depending on when in the month the charge was made and when in the grace period it was paid). Two percent interest for 25 days works out to a 33.5% return annually (1.02^(365/25) – 1), and that figure may be conservative. More...

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Feeding the World - or feeding the Corporations?
by Graciela Romero
Posted February 15, 2014

small farmers feed AfricaTickets to today's Feeding the World conference in London cost £695 - a sure way to exclude the small and family farmers that produce 70% of the world's food. Graciela Romero denounces the global corporate takeover of land, food and farming.

This gathering is not for those not with legitimacy, but for those with the political and economic power to shape the global food system. Today sees The Economist boost multi-million pound business as the notorious Monsanto's chief executive sits alongside UN representatives at the magazine's Feeding the World 2014 conference in London.

Solutions only from the uber-wealthy. Yet, despite so many people facing a chronic lack of food, the conference once again devotes much of its space to claimed solutions from the super-rich on how to address the crisis. More...

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Company Responsible for West Virginia Chemical Spill Skips Congressional Hearing
by Emily Atkin
Posted February 14, 2014

Freedom Industries CEO Gary Southern drinking CLEAN waterExactly one month and a day after 10,000 gallons of chemicals spilled into West Virginia's water, members of the U.S. House Transportation and Infrastructure committee on Monday traveled to the state's capital city, ostensibly to ask state leaders the still-unanswered questions surrounding the leak. There are many.

Perhaps the most important party that could provide answers would have been Freedom Industries, the company whose chemical storage tanks leaked a coal-cleaning chemical called crude MCHM into the water. Company president Gary Southern had been invited to testify, but in the end, did not show up.

"I find that extremely telling," said Rep. Shelley Moore Capito (R-WV). "Freedom Industries' decision not to testify today compounds its gross misconduct, and is an absolute affront to every person impacted by its spill." More...

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JPMorgan Vice President's Death in London Shines a Light on the Bank's Close Ties to the CIA
By Pam Martens and Russ Martens
Posted February 13, 2014

Jp Morgan's CIA connectionThe nonstop crime news swirling around JPMorgan Chase for a solid 18 months has started to feel a little spooky – they do lots of crime but never any time; and with each closed case, a trail of unanswered questions remains in the public's mind.

Just last month, JPMorgan Chase acknowledged that it facilitated the largest Ponzi scheme in history, looking the other way as Bernie Madoff brazenly turned his business bank account at JPMorgan Chase into an unprecedented money laundering operation that would have set off bells, whistles and sirens at any other bank.

The U.S. Justice Department allowed JPMorgan to pay $1.7 billion and sign a deferred prosecution agreement, meaning no one goes to jail at JPMorgan — again. More...

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Study: Polarization and Gridlock Work Well for Rich Americans
by Joshua Holland
Posted Feb 12, 2014

gridlock works well for elitesAt the end of 2013, only 12 percent of Americans held a positive view of Congress – three points above the all-time low set earlier in the year, according to Gallup. Two out of three respondents to a CNN/ORC poll said this was the worst functioning Congress they'd seen in their lifetimes. And these dismal views weren't just the product of subjective impressions – in its first year, the 113th Congress managed to pass only 66 bills, the fewest in the 40 years for which reliable data exists.

But a study published last November in The Journal of Politics suggests that this sorry state of affairs is good news for a small group of Americans at the top of the economic pile. "Washington gridlock helps the super-rich stay rich, and get richer," says Thomas Volscho, a sociologist at the City University of New York and one of the authors of the study. "And the richer they get, the more the gridlock actually helps them." More...

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People Powered Media Mobilizes Masses, While Mass Media Remains Silent
by Kevin Zeeze and Margaret Flowers
Posted February 11, 2014

Mass media failureIn the last week there were two major examples of how people-powered media can educate and mobilize people even if the mass corporate media does not report on an issue. We now have the ability to educate each other and tell our narrative of what is occurring. The movement is not dependent on the corporate media.

We are in the midst of an era of media transition. The corporate media is facing tremendous financial, employee and audience challenges. At the root of their problem is credibility. In 2004, Gallup reported that "39 percent currently say they have 'not very much' confidence in the media's accuracy and fairness, while 16 percent say they have 'none at all.'" Gallup reported this was the lowest credibility rating in three decades. But, the decline continued and by 2012 Gallup reported that distrust of the media had risen by 5 percent to 60 percent having little or no trust in the media—a new record. A 2013 Gallup poll found only 1 in 4 Americans trust television or newspaper news. More...

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Wall Street Mega Banks Own Tankers, Pipelines, Utilities, Mines, Metal Warehouses – And That's Not the Worst of It
By Pam Martens
Posted Feb 10, 2014

Wall St owns the nationThere was a distinct chill in the air yesterday as questioning got underway in the U.S. Senate's hearing on whether the Wall Street mega banks that caused the greatest economic collapse since the Great Depression from 2008 through 2010 should be allowed to effectively control the price of aluminum and other metals by owning metal warehouses and creating bottlenecks in delivery; or allowed to own oil pipelines, terminals and tankers while trading trillions of dollars a year in oil futures – potentially rigging that market against the consumer.

It's not that there's limited evidence that these firms will rig markets. These are the same firms that are serially charged and pay enormous fines for fraud and cartel-like behavior. Traders even refer to themselves as "The Cartel" and "The Bandits' Club" in chat rooms. More...

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Who Owns The Federal Reserve?
By Ellen Brown
Posted Feb 9, 2014

Federal Reserve - Private cartel"Some people think that the Federal Reserve Banks are United States Government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lenders."

– The Honorable Louis McFadden, Chairman of the House Banking and Currency Committee in the 1930s

The Federal Reserve (or Fed) has assumed sweeping new powers in the last year. In an unprecedented move in March 2008, the New York Fed advanced the funds for JPMorgan Chase Bank to buy investment bank Bear Stearns for pennies on the dollar. The deal was particularly controversial because Jamie Dimon, CEO of JPMorgan, sits on the board of the New York Fed and participated in the secret weekend negotiations.1 In September 2008, the Federal Reserve did something even more unprecedented, when it bought the world's largest insurance company. More...

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Divided We Fall: Stop the Corporate Takeover of Our Democracy
By Andrew Schmookler
Posted February 8, 2014

corporate AmericaOh how I wish the people of America -- liberal and conservative -- could join together to protect our common interests and shared values. While focusing on issues that divide us, we are in danger of losing our birthright.

Power in America has shifted from the citizenry to the corporate system. The role of money in American politics -- always a problem -- has greatly expanded. At the same time, wealth has been drained from the middle class and increasingly concentrated in the hands of giant corporations and the relatively few individuals who run them. As our democratic government becomes ever more an instrument of the corporate system, our nation's constitutional doctrine is being pried open ever wider to allow corporations the political rights of actual "persons." More...

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The Final Swindle Of Private American Wealth Has Begun
By Brandon Smith
Posted Feb 7, 2014

theft of savings and pensionsI have never had any doubt that the U.S. economy as we know it was headed for total and catastrophic collapse, the only question was when, exactly, the final trigger event would occur. As I have pointed out in the past, economic implosion is a process. It grows over time, like the ice shelf on a mountain developing into a potential avalanche. It is easy to shrug off the danger because the visible destruction is not immediate, it is latent; but when the avalanche finally begins, it is far too late for most people to escape.

If you view the progressive financial breakdown in America as some kind of "comedy of errors" or a trial of unlucky coincidences, then there is not much I can do to educate you on the reasons behind the carnage. If, however, you understand that there is a deliberate motivation behind American collapse, then what I have to say here will not fall on biased ears. More...

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It Doesn't Have To Be This Way
by Charles Hugh-Smith
Posted Jan 6, 2014

mindless TV"Induce people all to want the same thing, hate the same things, feel the same threat, then their behavior is already captive--you have acquired your consumers or your cannon-fodder." The potential for transformation can be expressed in one simple phrase: it doesn't have to be this way.

The structures that benefit from dominating the current system maintain their dominance by convincing us that "the way it is" is inevitable and impervious to systemic change. That is the primary mythology that generates and maintains their dominance.

The second level of dominance is created by persuading us that not only is the current "way the world works" inevitable, it is the best way possible because it enables self-expression and convenience via consumption.

The essence of dominance is not force (which is only deployed when there is no other way to maintain dominance) but the molding and internalization of a specific set of beliefs about how the world works. These beliefs include a set of values and myths that guide our behavior and how we experience the world around us.

All the structures that dominate our society and economy (the central state, crony-capitalist cartels, the Federal Reserve, the financialization/banking sector, those benefiting from Empire) need do is persuade us that their dominance is not only inevitable and natural but ideal. More...

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On Death and Derivatives
by Golem XIV
Posted Feb 5, 2014

banker jumpsOn Sunday a former Senior Deutsche Bank manager, William Broeksmit, was found hanged at his house. He was the retired Head of Risk Optimization for the bank and a close personal friend of Deutsche's Co-Chief Executive, Anshu Jain. Mr Broeksmit became head of Risk Optimization in 2008. He retired in February 2013.

Early this morning, Gabriel Magee, a Vice President of CIB (Corporate and Investment Banking) Technology at JP Morgan jumped to his death from the top of the bank's 33 story European Headquarters in Canary Wharf. As a VP of CIB Technology Mr Magee's job would have been to work closely with the Bank's senior Risk Managers providing the technology which monitored every aspect of the bank's exposure to financial risk.

These deaths could well be completely unrelated and just terribly sad for their respective families. On the other hand neither of these men had any obvious problems and both were immensely wealthy. So why would two senior bankers commit suicide within a couple of days of each other? More...

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American Factory Workers Getting $33,029 Yearly Bonuses May Sound Insane, But It's True
By Frank Koller
Posted Feb 4, 2014

Lincoln electric pays workers bomusOn a Friday afternoon in mid-December, Lincoln Electric (NASDAQ: LECO ) announced the details of its 2013 profit-sharing bonus to the firm's 3,000 American employees, most of whom work in Cleveland (with 7,000 more worldwide).For 80 uninterrupted years, starting in the Great Depression, Lincoln Electric has made a profit; once again, it was time to share a part of it with employees.

(Warning: Check your pulse.)

For 2013, the average Lincoln Electric worker's bonus was $33,029, representing 62% of base wages or salary. More...

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John Kerry vs. Hillary Clinton on the Keystone XL Report
By Eric Zuesse
Posted Feb 3, 2014

Clinton vs Kerry on XL PipelineBack on 26 March 2013, I headlined, regarding Secretary of State Hillary Clinton's revised Keystone XL pipeline report, that "State Department's Keystone XL 'Study' [Is] Now Exposed as a Triple Hoax," and documented that Clinton's redo of her earlier faked report was itself fake, because: first, "The study does discuss 'Climate Change Impacts on the Proposed Project,' but not the proposed project's impacts on climate change"; and, second, because it was not written by the State Department but by an oil-industry contracting firm (ERM Inc.) that Clinton's State Department had non-competitively assigned to be performed by the company that was selected for this purpose by the corporation (TransCanada) that would own the pipeline; and, third, because that contractor had no climatologist. Both of Clinton's reports were simply fakes; they were barely disguised promo-pieces for TransCanada.

The new XL report from Kerry's State Department was issued on a Friday night (January 31st) like Clinton's was, in order for it to be buried in the weekend's news, like Clinton's was. It is not quite such a fake as Clinton's were. First, it almost discusses the proposed project's impacts on climate change. Second, it was actually written by the State Department; but, still, it had no participation from a climatologist. More...

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Studies Reveal Consensus: Trade Flows during "Free Trade" Era Have Exacerbated U.S. Income Inequality
by Ben Beachy
Posted Feb 2, 2014

TPP and income inequalityObama cannot have it both ways: he cannot propose to close the yawning income gap while pushing to Fast Track through Congress a controversial Trans-Pacific Partnership (TPP) "free trade" deal that would widen the gap. The TPP would expand the status quo "free trade" model that study after study has found to be an increasingly significant contributor to U.S. income inequality.

As unfair trade deals have been Fast Tracked into law, U.S. income inequality has jumped to levels not seen since the robber baron era. Today, the richest 10 percent of the U.S. is taking over half of the economic pie, while the top 1 percent is taking more than one fifth. More...

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Wave of US Municipal Bankruptcies Caused by Wall Street Predatory Interest Rates, not Pensions
By Thomas Gaist
Posted Feb 1, 2014

pay bankers not workersThe political establishment and the media have relentlessly promoted the myth that the crisis in Detroit and in cities across the US is a product of overgenerous spending on social services and benefits, with public employee pension liabilities cited as the main culprit.

In reality, the driving force behind the Detroit bankruptcy has been a predatory interest rate swap foisted on the city by Wall Street bankers, which was signed by former Mayor Kwame Kilpatrick in 2005. Scores of states, municipalities, school districts and various other public entities entered into similar swap contracts over the past decade. These deals have enabled the world's most powerful banking houses to systematically plunder public budgets across the nation, creating the conditions for the rising wave of municipal bankruptcies. In Detroit, Orr is seeking to pay Bank of America and UBS $165 million in termination fees, while offering only pennies on the dollar towards unfunded pension obligations owed to 23,500 retired city workers. More...

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Prosperity for Main Street, not Wall Street
by Rudy Avizius
Posted Jan 31, 2014

The key reason that communities are struggling is the huge burden of interest payments that are flowing to the big banks. Think about this, if you buy a home for say $100,000 dollars, typically you will have paid $250,000 once the loan is paid off. This means the typical loan will incur $150,000 in interest charges.

The same concept applies when a community builds an infrastructure project such as school, road, bridge, sewer or other project. That $1 million dollar school could end up costing taxpayers in the community $2.5 million after interest charges.

So taxpayers are paying more to the financiers of the project than to those who supplied the materials and actually did the labor to build it. Are you OK with them acting as a middleman sucking prosperity from our communities? Any good business model dictates the efficiency of eliminating middlemen.

If we look at cities like Detroit and Philadelphia, hundreds of millions of dollars in interest payments and fees are leaving the city and flowing into the coffers of Wall St. This lost money impoverishes your community while Wall St gets bigger and richer than ever. The video below descibes a solution to this problem.

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Enough Is Enough: Fraud-ridden Banks Are Not California's Only Option
By Ellen Brown
Posted Jan 31, 2014

public banking is the alternative"Epic in scale, unprecedented in world history." That is how William K. Black, professor of law and economics and former bank fraud investigator, describes the frauds in which JPMorgan Chase (JPM) has now been implicated. They involve more than a dozen felonies, including bid-rigging on municipal bond debt; colluding to rig interest rates on hundreds of trillions of dollars in mortgages, derivatives and other contracts; exposing investors to excessive risk; failing to disclose known risks, including those in the Bernie Madoff scandal; and engaging in multiple forms of mortgage fraud.

It seems we must bow to our oppressors because we have no viable alternative – or do we? What if there is an alternative that would not only save the city money but would be a safer place to deposit its funds than in Wall Street banks? More...

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The Stealth Privatization of Pennsylvania's Bridges
By Ellen Dannin
Posted Jan 30, 2014

fleecing of the publicPennsylvania Gov. Tom Corbett's administration has decided to sign a 40-year contract to privatize the state's crumbling bridges, but there has been little to no media coverage of the deal and what it will mean for two generations of Pennsylvanians.

At midnight of January 20, 2014, the Pittsburgh Post-Gazette announced that the administration of Gov. Tom Corbett finally decided to take action on the state's crumbling bridges. The action it is taking is to sign a 40-year contract to privatize Pennsylvania bridges.

The word privatization does not appear in any of the announcements. Instead, PennDOT refers to the project as a public-private partnership. However, whether called a PPP, P3, public-private partnership, contracting out or privatization, the result is the same. Infrastructure privatization - that is privatization of roads, bridges, parking garages, parking meters, airports and the like - involves signing a contract, generally for a term of 30 to 99 years. More...

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How the True Parasites from the Private Sector Suck the System Dry
by Michael Lind
Posted Jan 29, 2014

parasites living off the labor of othersYou don't have to be a Tea Party conservative to believe that the economy is threatened when there are too many "takers" and not enough "makers." The "takers" who threaten the dynamism and fairness of industrial capitalism the most in the 21st century are not the welfare-dependent poor — the villains of Tea Party propaganda — but the rent-extracting, unproductive rich.

The term "rent" in this context refers to more than payments to your landlords. As Mike Konczal and many others have argued, profits should be distinguished from rents. "Profits" from the sale of goods or services in a free market are different from "rents" extracted from the public by monopolists in various kinds. Unlike profits, rents tend to be based on recurrent fees rather than sales to ever-changing consumers. While productive capitalists — "industrialists," to use the old-fashioned term — need to be active and entrepreneurial in order to keep ahead of the competition, "rentiers" (the term for people whose income comes from rents, rather than profits) can enjoy a perpetual stream of income even if they are completely passive. More...

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The 20 Richest Americans: Takers, Not Makers
by Paul Bucheit
Posted Jan 28, 2014

living off the labor of othersThe top individuals on the 2013 Forbes 400 list are generally believed to be makers of great companies or concepts. They are the role models of Paul Ryan, who laments, "We're going to a majority of takers versus makers in America." They are defended by Cato Institute CEO John A. Allison IV, who once protested: "Instead of an attack on the 1 percent, let's call it an attack on the very productive."

But many of the richest Americans are takers. The top twenty, with a total net worth of almost two-thirds of a trillion dollars, have all taken from the public or from employees, or through taxes or untaxed inheritances. The richest Americans keep making money. And they're taking the rest of us for all they can get. More...

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Report:State of Power, Exposing the Davos Class
By Nick Buxton
Posted Jan 27, 2014

DAVOS partyThe Transnational Institute is proud to launch its third annual 'State of Power' report as the World Economic Forum meets in Davos. This anthology exposes and analyses the principal power-brokers, members of the "Davos class", who have caused financial, economic, social and ecological crises worldwide. Unless we know which elites control our wealth and resources, understand how they influence political and social processes, and can identify the systems, structures and policies by which they maintain their power, TNI believes our hopes for advancing social and environmental justice are slim. Justice demands a recalibration of power and that requires us to better understand it.

This collection of essays and accompanying infographics draws attention to key dimensions of power and its exercise in our globalised world. These contributions first highlight how power is hidden and concealed. The peasants who lose land or whose river is polluted by mining may not know the name of the owner or corporation threatening their livelihood. They certainly will not know which transnationals are buying the minerals, the politicians who signed the trade deals to facilitate its extraction, or the elusive corporate lobbying groups that successfully pushed through those deals. More...

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Davos' Elite Message Deserves 'Fierce Resistance' Not Applause
by Jon Queally
Posted Jan 26, 2014

Davos security to protect the plutocratsCorporations represented at global gathering are cause of crises they claim to want to solve.As the World Economic Forum kicks off its global summit in Davos, Switzerland on Wednesday, critics of the annual gathering are eager to show that the well-polished public image of the event should not be allowed to eclipse the nefarious and destructive role played by the many corporate elites that sponsor it.

Even amid seemingly thoughtful discussions about climate change, economic inequality, water scarcity and other key global issues, what's important to remember, says Alex Jensen, an expert on globalization and development at the International Society for Ecology and Culture (ISEC), is that a critical look at any of these crises shows "the complicity of the very corporations that the WEF represents."

Beyond its glossy "veneer," Jensen says, the Davos summit acts as a stage "for multinational corporations, among them human rights abusers, political racketeers, property thieves and international environmental criminals." More...

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What a Paul Craig Roberts Administration Would Look Like
By Dr. Paul Craig Roberts,  former Assistant Secretary of the US Treasury under Ronald Reagan
Posted Jan 25, 2014

Paul Craig RobertsUnless I am being spoofed, several hundred readers wrote me in as their selection for President. I am honored. Some asked if I were elected by write-ins and not instantly assassinated, who would I appoint? An easy question to answer.

Nomi Prins would be Secretary of the Treasury, and Pam Martens would be Deputy Secretary of the Treasury.
Lew Rockwell would be the chairman of the Federal Reserve.
Michael Hudson would be chairman of the Council of Economic Advisors.
Homeland Security would be abolished.
Julian Assange and John Pilger would be heads of the Public Broadcasting Corporation.
Gerald Celente would be White House Press Secretary.
John Williams (shadowstats.com) would be in charge of federal statistics.
Brooksley Born would be in charge of all federal financial regulatory agencies.
Noam Chomsky would be US Ambassador to the UN.
David M. Walker would be Director of the Office of Management and Budget.

Key members of the Bush and Obama regimes from the president down, and every neoconservative would be handed over to the war crimes tribunal for trial. I could go on. There are two or three hundred appointments to fill, but I think the picture is clear. It would be an administration that represented Americans, not special interests and foreigners, and an administration that put the country back in order. More...

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The Global Plutocracy
by Andre Damon
Posted Jan 24, 2014

Davos, playground for the elitesOn the eve of the annual spectacle of parasitic wealth and power that is the World Economic Forum in the Alpine resort town of Davos, Switzerland, the Oxfam charity has issued a report warning of the unprecedented growth of social inequality throughout the world.

There is no parallel in human history to the immense concentration of wealth that exists today, nor to the extremes of parasitism and decadence that constitute the "new normal." Contemporary capitalism—what the ruling class and its political and media flunkies call the "free enterprise system"—has created a world in which every policy decision is dictated by the need to protect and increase the wealth of an infinitesimal portion of the world's population.

This global plutocracy—by definition, a society governed by the wealthy—generates a huge and ever-increasing portion of the ruling elite's wealth not from the production of useful products and expansion of society's productive capacities, but from the manipulation of money, speculation and outright swindling—essentially criminal activities that are destructive of the productive forces. More...

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Bipartisan New World Order: Fast Tracking the Trans-Pacific Partnership (TPP)
By Kevin Zeese and Margaret Flowers
Posted Jan 23, 2014

New World Order - TPPThe White House is calling January "TPA (Trade Promotion Authority) Month" and has made it their task to pass Fast Track. President Obama needs Fast Track to pass the Trans-Pacific Partnership (TPP). When Congress returned this month, a bill was quickly introduced after delays of more than a year. bipartisan
The lies begin with title of the bill: "The Bipartisan Congressional Trade Priorities Act of 2014." Bi-partisan? In the House there was only one sponsor, Republican David Camp (MI). The Republicans demanded the Democrats add a sponsor before it was introduced, but due to public pressure, they could not find one.

The only Democrat on the bill in the Senate is Max Baucus (MT) — the senator who gave us the Bush tax cuts for the wealthy and who is leaving the senate to become Ambassador to China. So, the bill is only bi-partisan until he heads off to his new job. More...

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Will Digital Currency Replace the US Dollar? Wall Street Strategy to Make Bitcoin the Global Currency?
By Matthias Chang
Posted Jan 21, 2014

Bitcoin- next globalist currency?Bitcoin started quietly, almost a non-event, but lately (especially in 2013) it has been aggressively promoted by Mainstream media, but more importantly by some very important and powerful financial elites. This ought to alert anyone who is concerned about the state of the dying global fiat money system.

To me, this is the irrefutable admission by the financial powers that there has been in place a strategic plan for the replacement of the US dollar as the global reserve currency and a restructuring of the global fiat (paper) money system with a global fiat (digital) money system – Bitcoin.

The introduction of Bitcoin is another admission that the financial powers are also considering the replacement of the FED as well as the central banks of the developed economies (i.e. ECB, BOE, BOJ etc.) sometime in the future and substitute the control by central banks with super-super computers networking the global economy controlled by a handful of techno-corporations and behind this front, the power of the 0.01 per cent financial elites. Let me assure you that this is no conspiracy theory. More...

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NAFTA's Deplorable Legacy
By Stephen Lendman
Posted Jan 19, 2014

NAFTA- The giand sucking sound of jobsNAFTA proponents promised tens of thousands of newly created jobs. Small farmers would export their way to wealth.Mexican living standards would rise. Economic opportunities would reduce regional immigration to America. Promises made never materialized. Reality disproved hype. It does it every time. Ideologues praising NAFTA are exposed.

They're frauds. They're defrocked. They're discredited liars.A decade post-NAFTA, about a million US jobs were lost. America's Mexican trade deficit alone cost around 700,000 jobs by 2010. Government data show nearly five million US manufacturing disappeared since 1994. Scores of US companies promised to create specific numbers of jobs if NAFTA passed. They cut them hugely instead.

General Electric cut nearly 5,000 jobs. Chrysler eliminated over 7,700. Nearly 600 Caterpillar workers lost out. Many other companies betrayed their workforces and communities the same way. Since NAFTA's implementation, the income of America's richest 10% rose 24%. For its top 1%, it was 58%. "NAFTA-style trade helps explain the soaring inequality," says Public Citizen. More...

If you liked NAFTA, you will love the TPP. It will be NAFTA on steroids.

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TPP Toxicity Grows, We Can Stop It
By Kevin Zeese
Posted Jan 18, 2014

TPP - NAFTA on steroidsThe White House is calling January "TPA (Trade Promotion Authority) Month" and has made it their task to pass Fast Track. President Obama needs Fast Track to pass the Trans-Pacific Partnership (TPP). When Congress returned this month, a bill was quickly introduced after delays of more than a year. The lies begin with title of the bill: "The Bipartisan Congressional Trade Priorities Act of 2014." Bi-partisan? In the House there was only one sponsor, Republican David Camp (MI). The Republicans demanded the Democrats add a sponsor before it was introduced, but due to public pressure, they could not find one.

Leaks are sinking the TPP like the Titanic on its way to the bottom of the ocean. Ron Kirk, the former US Trade Rep said they were keeping it secret because the more people knew, the less they would like the TPP and it would become so unpopular it could never become law. Each leak has proven him right. More...

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Parasitic Derivatives - One Quadrillion Dollars: Too Big to Understand
by David Hague
Posted Jan 17, 2014

derivatives - financial weapons of mass destructionFor those of you who are unschooled on the topic of derivatives, allow me to explain. Derivatives are abstract financial instruments, which, like parasites, can attach themselves to all manner of stocks, bonds, mortgages, commodity, debt obligations, currency exchange, interest rate fluctuations…in short, anything. Derivatives exist in the 'twilight zone' of the banking industry. Like black holes, their presence and massive influence are acknowledged yet the true influence on the global economy of this quadrillion dollar 'event horizon' is only theoretical. The near catastrophic disasters at Barings , JP Morgan and AIG are small examples of their destructive powers.

How dangerous are derivatives? They almost destroyed the world's largest insurance company, AIG, as well as the global economy. Seriously, you don't remember? Just Google the words AIG and collapse. Alternately you might call Jamie Dimon at JP Morgan and ask him if Derivatives are dangerous.

Have recent regulatory changes made the world economy less likely to implode from a derivative fuelled explosion? Actually as one might expect, thanks to regulatory enhancements that had to run the gauntlet of bank lobbyists prior to their approval, the world's economy is in more danger than ever from a derivatives inspired meltdown. More...

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Popular Manifesto: Solutions For Restoring The United States
by Jim Willie CB
Posted Jan 16, 2014

corporate states of americaMany identifiable solutions can be cited if the people are determined to work toward a solution for the United States of America, for its return to health and strength, for its restoration as a cradle of capitalism and a beacon of freedom. Obviously it is too late, but from an idealist point of view, many solutions do exist and could have been pursued following the 2000 market bust and tech telecom chapter. They also could have been pursued following the 2008 market bust and Lehman chapter. They could have been pursued following the Black Money 1987 event, which was the original quintessential signal of dire conditions. The 1987 event in the Jackass view was a seminal signal in response to a decade of moving US industry offshore to the Pacific Rim. The event was a financial tremor in response. Each breakdown has resulted in deeper commitment in the wrong direction, deeper devotion to the financial sector, deeper involvement in criminal behavior. Each breakdown resulted in an even greater dependence upon asset bubbles for wealth creation, instead of work. Each bust leads to deep corruption, not a pursuit of solutions.

The climax error was the Most Favored Nation status granted to China, which led to the departure of a significant core of US industry, along with its legitimate core income. National treason, both political and corporate, became touted as expedient, with veiled cries of patriotism heard. The dependence grew acutely in the last 2000 decade, where the great asset bubble was the housing market and mortgage finance twin bubble. The current greatest asset bubble is the USTreasury Bonds complex, the final chapter before financial ruin and systemic breakdown. More...

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Restoring the Sacred Land: An Inquiry Into the Origins and Implications of Land-Ownership
By Jeriah Bowser
Posted Jan 13, 2013

who owns landThe first person who, having enclosed a plot of land, took it into his head to say this is mine and found people simple enough to believe him was the true founder of civil society. What crimes, wars, murders, what miseries and horrors would the human race have been spared, had someone pulled up the stakes or filled in the ditch and cried out to his fellow men: "Do not listen to this imposter. You are lost if you forget that the fruits of the earth belong to all and the earth to no one!

"Sold! To bidder number 70!" the large man in a white shirt jovially declared, as he successfully transferred the ownership of 22,500 acres of Southern Utah's gorgeous Redrock wilderness to a young man whom he assumed was a representative of the oil and gas industry. The assumed course of action would be for the representative to then set about drilling and extracting oil from the area- doing irreparable damage to one of the most unique and beautiful pieces of land in the world. Bidder 70 was not an oil baron; however, he was Tim DeChristopher, a 32-year old economics student who was " interfering with an illegitimate auction that threatened his future."[i] Once the BLM (Bureau of Land Management) authorities realized what he was up to, they removed him from the auction immediately, but the damage had been done. More...

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Money Is Not Safe In The Big Banks
by Rudy Avizius
Posted August 24, 2013


People think that money is safe in the big banks because the FDIC will protect the deposits. This assumption is not based on the facts. This video will show official government documents that describe the plans for confiscating deposits when, (not if) a big bank fails. Individual, as well as public funds from municipal, university, county deposits are at serious risk. YOUR taxpayer money will disappear in the next crisis! Public officials in charge of taxpayer funds need to be aware of the dangers here. The loss of taxpayer funds  and the inability to meet payrolls and obligations will certainly prompt a response that will both immediate and forceful. 

This video will show how Cyprus was not a one-time event and how the Cyprus confiscation was planned well in advance and how M.F. Global was the blueprint for future confiscations and how a legal precedent was created when these losses were upheld by the legal system.  

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