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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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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

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About Us

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Why is this website here?

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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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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

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
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Capitalism in Crisis: Who Are the Real "Takers"?
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Why Political Protests Ultimately Always Fail
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World Bank Whistleblower Reveals How The Global Elite Rule The World
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Americans Are Finally Learning About False Flag Terror
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Hillary Clinton Rakes in Big Money from Two Goldman Sachs Speeches in One Week
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Money Corrupting Politics Could Get Even Worse
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Americans Are Being Treated to Political Theater: Forget the Government Shutdown – It's About Shutting YOU Down
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A Corporate Coup in Disguise
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Obama's Friends in Low Places
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Draghi's Termination Of Berlusconi Explained: Sylvio Threatened To Leave Euro
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How a Koch Brothers "Business League" Spent $236 Million to Frame the Debate
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Not Too Big to Jail: Why Eliot Spitzer Is Wall Street's Worst Nightmare
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Democratic Establishment Unmasked: Prime Defenders Of NSA Bulk Spying
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Prometheus Among the Cannibals
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Has Washington's Arrogance Undone Its Empire?
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The Court, the Corporate Coup, and the Call to Struggle
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Verified Warnings From Former U.S. Presidents About the "Invisible Government"
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What Must Be Done About the Monsanto Corporation, and Why
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LEAK: U.S. Using Taxpayer Dollars to Promote Monsanto Overseas
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Billionaires Unchained: America is a Democracy of the Wealthy
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Obama in Plunderland: Down the Corporate Rabbit Hole
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Why Does Exxon Control the No-Fly Zone Over Arkansas Tar Sands Spill?
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Senate Passes Monsanto Protection Act
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Riddled With Corruption: Two More Public Officials "Cash In"
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Whiny Billionaires in Need of Sequestration
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Meet 6 Politicians Getting Rich from America's Endless Wars
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Billionaire Burglar Breaks into Obama's Cabinet
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Rumored Treasury No. 2, Lobbied Regulators For Morgan Stanley, A Lot
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The Fiscal Cliff, A Self-Created Bi-Partisan Drama
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Why Billionaire Political Investors Will Keep Pouring Money Into Politics - Until They're Stopped
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Susan Rice, Top Candidate for Secretary of State, Has Millions Tied to Canadian Tar Sands
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Elite Intrigues and Military Purges: It's Not About Sex, Stupid!
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Americans Proudly Voting for Evil
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Why I'm Voting Green
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Before the Election was Over, Wall Street Won
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Mitt Romney's Bailout Bonanza: How He Made Millions from the Rescue of Detroit
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How Do You Take Your Poison?
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Feast of Fools
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Where Is the Outrage over Money in Politics?
<<<
Leaked Trade Doc Shows Obama Wants to Help Corporations Avoid Regulations
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Senators Suck Up to Jamie Dimon, Get Paid for It
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State Politicians and the Public Pension Cookie Jar
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The 14 characteristics of Fascism
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Harnessing People Power
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Why Obama's JOBS Act Couldn't Suck Worse
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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?
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Our Politicians Are Money Launderers in the Trafficking of Power and Policy
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How Super PACs Are Choosing Your Next President
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Obama Nominates Carlyle Group Partner to The Federal Reserve Board of Governors
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Occupy Rigged Elections: A Call for the Second American Revolution in 2012
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The Remarkable Political Stupidity of Wall Street
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Corporate Taxpayers & Corporate Tax Dodgers 2008-10
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Congress is Getting Richer – With Help From Legal Insider Trading
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As Zuccotti Park Is Cleared, Congress Moves to Gut Financial Reform
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To Get Really Rich, Get Elected
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"We the People," Not "We the Corporations"
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The Election March of the Trolls
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Congressional Representatives Charge Constituents for Access
<<<
Ruling on Behalf of Wall Street's "Super Rich": The Financial End Time has Arrived
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The President Surrenders
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Obama's Bad Bargain
<<<
Who Rules America?
<<<
Is the United States a representative democracy or a mirage democracy
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In Two Steps Obama Can Reduce the Influence of Secret Donations in 2012
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It Was the Banks
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The Secret Big-Money Takeover of America
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Do Not Pity the Democrats
<<<
Misreading the Iranian Situation
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Understanding Money and War--Part I
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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
<<<
The Big Picture
Part 1 - How did we get here?

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Justice

The Global Banking Game Is Rigged, and the FDIC Is Suing
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With McCutcheon Ruling, An Activist Court Opts for Full-On Plutocracy
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Diego Garcia Military Base: Islanders Forcibly Deported
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How (& Why) JPMorgan & COMEX Should Be Sued For Precious Metals Manipulation
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Lights, Camera, Arrested: Americans Are Being Thrown in Jail for Filming Police
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The Stone That Brings Down Goliath? Richmond and Eminent Domain
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The Criminalization of Journalism: Who is Barrett Brown?
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Exxon CEO Profits Huge As America's Largest Natural Gas Producer-But Frack In His Own Backyard And He Sues!
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G-20 Protester's Amazing Statement To Court Before Sentencing
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Company Responsible for West Virginia Chemical Spill Skips Congressional Hearing
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On Death and Derivatives
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Supreme Court denies Family Farmers the Right to Self Defense From Monsanto Lawsuits
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"No, You Cannot Opt Out": 10 NSA Myths Debunked
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Eric Holder Criticized On Anniversary Of Aaron Swartz Death
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In Jail For Being In Debt
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The Detroit "Bankruptcy" Distracts from Attack on Constitution: The Unelected "Czar of Detroit"
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Banker Jail Sentences: Another Lesson For The World From Iceland
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Legal Framework for Big Banks Puts Depositors at Risk
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A Brave Hacker Willing to Spend a Decade in Prison for Exposing the Workings of the Corporate State
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Why Has Nobody Gone To Jail For The Financial Crisis? Judge Rakoff Says: "Blame The Government"
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Jury Nullification Last Refuge for Justice
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Despite Eight Ongoing Criminal/Civil Investigations of JPMorgan, the Bank's a Law Enforcement Partner With the NYPD
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Supreme Court's Choice: Plutocracy or Democracy
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As F.B.I. Pursued Snowden, an E-Mail Service Stood Firm
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New Study Finds That State Crime Labs Are Paid Per Conviction
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When Posting a Website Link is a Crime
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The Sentinel Case – Another Nail in the Coffin of 'Market Confidence'
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The Last Chance to Stop the NDAA
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The Sentinel Case – Another Nail in the Coffin of 'Market Confidence'
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The 11 Most Bizarre SWAT Team Raids
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Why the JPMorgan Criminal Case Matters to You
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NSA broke privacy rules thousands of times per year: Report
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Seven Things You Wanted to Know About Prosecuting Wall Street
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Shot to Death by Police for Betting on a Football Game? The Rise of Paramilitary Force in America
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Philadelphia Sues Big Banks Over Swaps Losses
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The Business of Mass Incarceration
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NSA Says It Can't Read Its Own Emails
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Feds put heat on Web firms for master encryption keys
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NSA Phone Snooping Cannot Be Challenged in Court, Feds Say
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NSA warned to rein in surveillance as agency reveals even greater scope
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Surveillance Blowback
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In 'Chilling' Ruling, Chevron Granted Access to Activists' Private Internet Data
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How Microsoft handed the NSA access to encrypted messages
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Encroachment upon Basic Freedoms, Militarized Police State in America
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Snowden asylum in Ecuador dead - the intrigue
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Is NSA Blackmail Inc. for the U.S. Military Industrial Complex?
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This Really is Big Brother: The Leak Nobody's Noticed
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Take A Break From The Snowden Drama For A Reminder Of What He's Revealed So Far
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The Supreme Court Just Made It Easier for Big Business to Screw the Little Guy
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Revealed: the top secret rules that allow NSA to use US data without a warrant
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The Whistleblower's Guide to the Orwellian Galaxy: How to Leak to the Press
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What is the Real Reason the Government is Spying on Americans?
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The Shocking Story Behind "News Feed Trading"
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Government Says Secret Court Opinion on Law Underlying PRISM Program Needs to Stay Secret
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The Essence of DNA Identity
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The Judicial Lynching of Bradley Manning
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'Beyond Orwellian': Outrage Follows Revelations of Vast Domestic Spying Program
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We're Being Watched: How Corporations and Law Enforcement Are Spying on Environmentalists
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Here's Why The World's First Central Banker Got The Death Penalty
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The Real Numbers: Half of America in Poverty -- and It's Creeping toward 75%
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Argentina's General Videla and the "War on Terror"
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Why Are Homeowners Being Jailed for Demanding Wall Street Prosecutions?
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The Vicious New Bank Shakedown That Could Seriously Ruin Your Life
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It's Enough to Make Your Blood Boil
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How the US Turned Three Pacifists into Violent Terrorists
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Justice Department's Pursuit Of AP's Phone Records Is Both Extreme And Dangerous
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An Easy, 4-Step Method to End Corporate Personhood
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Why Such Secrecy About private Military Contractor at the Boston Marathon?
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Boston Bombing: MSM Creates New Official Story – Video of Dzhokhar Planting Bomb is Forgotten
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Italian Supreme Court President Blames Bilderberg For Terrorist Attacks
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As economy flails, debtors' prisons thrive
<<<
Secret FDIC Plan to Loot Bank Accounts
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Bradley Manning & The Deepwater Horizon
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Private Prisons and the Enslavement Society
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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
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Eric Holder Exposes A Nation of Law, Going Lawless
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US 'Corporate Tax Dodgers' Keeping More Money Overseas
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Big Bank Immunity: When Do We Crack Down on Wall Street?
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The Premise of Digital Surveillance Precludes Scholarship
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We Are Bradley Manning
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Monsanto's Patents on Life
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Bank of America Bombshell: Whistleblowers Reveal Coverup and Massive Borrower Harm
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The Execution of Christopher Dorner
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The LAPD Got their Man How They Wanted Him: Dead
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The NDAA and the Death of the Democratic State
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The Real History of US CIA 60 Year Aggression Against Iran
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Big Banks Get Tax Break On Foreclosure Abuse Deal
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Carmen Ortiz And Stephen Heymann: Accountability For Prosecutorial Abuse
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Aaron Swartz's Thought Crime Was Tragically Treated Like Real Crime
<<<
Two New Fraud Deals Show Wall Street's Washington Insiders At Work
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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
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Occupy Heavily Monitored for Potential Criminal Activity, HSBC Slapped on the Wrist for Actual Criminal Activity
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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
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In Washington, Fear the Silence, Not the Noise
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Spain Police Beating Everyone: A Warning To America
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Woman Arrested for Trespassing on Her Own Land
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The NDAA Decision and the Unknown Power of Obama
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The Real Drug Kingpins are on Wall Street
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9 Frightening Things About America's Biggest Police Force
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The Federal Reserve, a Privately Owned Banking Cartel, Has Been Given Police Powers, with Glock 22s and Patrol Cars
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Unlike Afghan Leaders, Obama Fights for Power of Indefinite Military Detention
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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
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The Spreading Scourge of Corporate Corruption
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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
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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
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Four Whistleblowers Who Sounded the Alarm on Banks' Mortgage Shenanigans
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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
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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

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
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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
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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
<<<
How to Spot -- and Defeat -- Disruption on the Internet
<<<
"I want my fair share--and that's ALL OF IT": The Kochs & the XL Pipeline
<<<
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
<<<
The US Is Now a Police State
<<<
Stand Still for the Apocolypse
<<<
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
<<<
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
<<<
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
<<<
Civil Disobedience Actions Blockade Entrance to Site of TPP Negotiations in VA
<<<
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
<<<
America's Downward Social and Economic Spiral
<<<
Colonized by Corporations
<<<
How to Destroy Education While Making a Trillion Dollars
<<<
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
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How the Swedes and Norwegians Broke the Power of the "1 Percent"
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The Middle Class Disappears, Rise of the Praetorian Class
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2012 – The Year Of Living Dangerously
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Report: Big Bank Bonuses in 2011
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The Outlook for the New Year, Tyranny in the Forecast
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Are You Being Tracked? 8 Ways Your Privacy Is Being Eroded Online and Off
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America's Best Kept Secret: Rising Suburban Poverty
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Local police stockpile high-tech, combat-ready gear
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Bankers Rule the World: "The Network of Global Corporate Control"
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Legislating Tyranny in America, Orwell and Beyond
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E-Voting System "Remotely Accessed" on "Multiple Occasions" by Unknown Computer
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Occupy is Not Just About Occupying
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How to Survive and Prosper in the Coming Financial Meltdown
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The Zero Point of Systemic Collapse
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American's Comfortably Numb on the Highway to Economic Collapse
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This Changes Everything: How the 99% Woke Up
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The Shocking Truth About the Crackdown on Occupy
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More on Police Departments' Collusion in Defense of 1%: Who's the Organization Coordinating Those Crackdown Calls?
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Occupy Seattle - Message From Minister Who Was Pepper Sprayed
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With People in the Streets, 1 Percent Congress Continues to Push Austerity
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U.S. Millennial Generation Battles Against Wall Street Modeled on Egypt and Tunisia Protests
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Communicating via People Pedal Power
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Wall Street Firms Spy on Protesters in Tax-Funded Center
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Under pressure to make arrests, police and troopers push back
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How Can We Rouse Police and Other Protectors of the Corporatocracy -- "Guards" of the Status Quo -- to Join the OWS Rebellion?
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The Natural Course of the US Empire
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My Night With Occupy Wall St
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German officials admit using spyware on citizens, as Big Brother scandal grows
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Occupy Movement Has No Message?
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The US Empire: A Tragic Comedy in Three Acts
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Wall Street Protests Get Specific: Could "Bank Transfer Day" Pit Americans Against Their Big Banks?
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Why the Elites Are in Trouble
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The Big Banks Lose Control of the Optics
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The Best Among Us
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National Security Lab Hacks Diebold Touch-Screen Voting Machine
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Attica's 40th Anniversary: Still on the Wrong Road
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#OccupyWallStreet Is More Than a Hashtag - It's Revolution in Formation
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A Huge Housing Bargain — but Not for You
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Capital gains tax rates benefiting wealthy feed growing gap between rich and poor
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Tax the super-rich or riots will rage in 2012
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The Cost of 9/11 — in Dollars
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Labor's Demise As A Countervailing Power
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Can the Middle Class Be Saved?
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As America's Economy Collapses, "New Normal" Police State Takes Shape
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British Riots: Elites "Shocked" The Poor Are Rising Up Against Brutal Austerity Measures
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Stop Coddling the Super-Rich
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Food stamp use rises to record 45.8 million
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The Food Crisis War Endgame
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The Legislation That Could Kill Internet Privacy for Good
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The War on You
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Debt Ceiling Crisis Objective is to Scrap Social Security and Medicare
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The Debt Ceiling, Imposing a Radical Pro-Rich Agenda
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21st-Century Slaves: How Corporations Exploit Prison Labor
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Austerity and Deficit Hawks Say, "Let Them Eat Cake,"
The People Will Say, "Off With Their Heads"
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What Happened to the $2.6 Trillion Social Security Trust Fund?
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Is the Debt Crisis Just Another Trumped Up Scam to Steal Social Security?
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Tax Rates of the Super-Rich: Not as High as Those Making Much Less
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Executive Pay Up 23 Percent Over Last Year
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One Small Town in America Quietly Enjoys the Health Care Most Americans Only Dream of
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Get Ready to be Financially Conscripted into Financial Repression
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State of New Jersey throws pensioners under the bus
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Will The Banksters And The Corporatocracy Eventually Own It All?
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Congress gets richer in bad economy
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Third World America 2011, We've Arrived
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The Earth Is Full
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The $2.5 Trillion Tragedy
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Our Fantasy Nation?
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Hospital Accounting: It's Complicated
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US army of fakes tracks Facebook users
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Europe Replacing Economic Democracy with Financial Oligarchy
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Welcome to the Soviet States of America 2011
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The Corporate States of America
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United States on the Road to Ruin, Your Trigger Points
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Why you should move your money
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10 Steps to Defeat the Corporatocracy
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Tax Rates of the Super-Rich: Not as High as Those Making Much Les
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How the McEconomy Bombed the American Worker
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The Xtremes: Subversive Recipes for Catastrophic Times
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Only Little People Pay Taxes
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The Real Housewives of Wall Street
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U.S. Downward Debt Spiral Into the Abyss
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This Is What Resistance Looks Like
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Class Warfare Scoreboard : Guess Who's Winning?
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American Workers Got What They Deserved
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The Collapse of Globalization
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HOURLY RATES - A Modest Essay about Extraordinary Paychecks
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U.S. Super-Rich the Greatest Living Parasites Flourish as Inequalities Deepen
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The Gathering Political and Economic Storm
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Stealing from Social Security to Pay for Wars and Bailouts
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America is NOT broke!
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Amnesty for the Banksters, Debtor's Prison for the Serfs
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Genetic Engineering: Scientists warn of link between dangerous new pathogen and Monsanto's Roundup
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Social Security is not an "entitlement" program
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Student loans leave crushing debt burden
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Ruling on Behalf of Wall Street's "Super Rich": The Financial End Time has Arrived
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American Eulogy
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Goldman CEO gets salary boost, $12.6 million shares
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Welcome To 1984: Your Papers, Please
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Ruling on Behalf of Wall Street's "Super Rich"
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American's Live in Mental Ghettos, People Who Lie to Themselves
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The Larry Summers Hall of Shame
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There Will Be Blood
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As things fell apart, nobody paid much attention
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Senators Welcome Lobbyists, Shun Citizens
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Economists: The Unholy Priests of the Banksters
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Democracy Going Dark: The Electronic Police State
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We Need to Break Up the Mega Corporations
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How to Thwart the Assassins of the American Dream
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How BP Gulf disaster may have triggered a 'world-killing' event
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BP Gulf Oil Gusher: Methane, Climate & Dead Zones
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The Economic Elite Vs. The People of the United States of America - Part I
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Two Decades of Greed - The Unraveling
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Open Letter to President Obama Re: BP Gulf Oil Spill Solution
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Gulf Oil Spill "Could Go on Years and Years"
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Debt Can Never Be Repaid (By Bankster Design)
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The Wall Street Economic Death Squad
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The Old Enemies
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The Declining Value of Work
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The Vicious Circle of Debt and Economic Depression, It's Class War
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The Financial Oligarchy Reigns: Democracy’s Death Spiral From Greece to the United States
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Western Civilization and the Economic Crisis, The Impoverishment of the Middle Class
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The American Dream is Over, It Was A Wonderful Life
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World’s Billionaires Grew 50 Percent Richer in 2009
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Goldman Sachs CEO says he’s ‘doing God’s work’
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Financial System Designed Almost Exclusively to Benefit the Rich
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Media

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

Take These Steps Today To Survive An International Crisis
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55 Things About America You May Not Know
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The Mess on Our 'Information Superhighway'
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Wave of US Municipal Bankruptcies Caused by Wall Street Predatory Interest Rates, not Pensions
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Restoring the Sacred Land: An Inquiry Into the Origins and Implications of Land-Ownership
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Hundreds Of U.S. Cities Are Turning Into Rotting, Decaying Hellholes
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The Death of Irony, Or, University Of Penn's Secret Meetings On Secret Laws
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(Un)Paving Our Way To The Future
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Letter to an Unknown Whistleblower
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GOP Appointed Officials Black Out Detroit During Heatwave To "Send Them A Strong Message"
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Revealed: how US and UK spy agencies defeat internet privacy and security
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Building the Commons as an Antidote to the Predatory Market Economy
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We're Hooked on 'Growth,' But It Doesn't Have to Be This Way
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Safety Group Blows Lid on "Secrect Virus" Hidden in GMO Crops
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Buried Truth: Uncovering The Keystone XL Pipeline, The Plot Thickens
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Limits to Economic Growth, Humanity Is Still on the Way to Destroying Itself
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Walmart: 50 Years of Gutting America's Middle Class
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A Better Way To Finance Public Projects
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Why Is the Government Collecting Your Biometric Data?
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Wall Street's Mutant Gene Marches On
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First Super Weeds, Now Super Insects - Thanks to Monsanto
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How Corporations and Local Governments Rob the Poor Blind
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NATO Heads for Chicago
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What the U.S. can't learn from Finland about ed reform
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Arizona's Private Prisons: A Bad Bargain
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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
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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
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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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Truth or lieDon’t worry about the haters, because the truth you speak contradicts the lie they live.

Dr. Steve Maraboli

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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'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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Supreme Court denies Family Farmers the Right to Self Defense From Monsanto Lawsuits
by Food Democracy Now
Posted Jan 15, 2014

court of the corporationsThe U.S. Supreme Court today issued a decision in the landmark federal lawsuit, Organic Seed Growers and Trade Association (OSGATA) et al v. Monsanto. Farmers were denied the right to argue their case in court and gain protection from potential abuse by the agrochemical and genetic engineering giant, Monsanto. Additionally, the high court decision dashes the hopes of family farmers who sought the opportunity to prove in court Monsanto's genetically engineered seed patents are invalid.

"This high court which gave corporations the ability to patent life forms in 1980, and under Citizens United in 2010 gave corporations the power to buy their way to election victories, has now in 2014 denied farmers the basic right of protecting themselves from the notorious patent bully Monsanto," said Gerritsen. More...

So there we have it..... the Supreme Court has proven that it as well as the other branches of government have been totally corrupted. All avenues for change have now been effectively closed.

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"No, You Cannot Opt Out": 10 NSA Myths Debunked
by Peter Van Buren
Posted Jan 14, 2014

NSA spyingThe debate Edward Snowden envisioned when he revealed the extent of National Security Agency (NSA) spying on Americans has taken a bad turn. Instead of a careful examination of what the NSA does, the legality of its actions, what risks it takes for what gains, and how effective the agency has been in its stated mission of protecting Americans, we increasingly have government officials or retired versions of the same demanding -- quite literally --

Snowden's head and engaging in the usual fear-mongering over 9/11. They have been aided by a chorus of pundits, columnists, and present as well as former officials offering bumper-sticker slogans like "If you have nothing to hide, you have nothing to fear," all the while claiming our freedom is in direct conflict with our security.

It's time to face these arguments directly. So here are ten myths about NSA surveillance that need debunking. Let's sort them out. 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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After 20 Years of NAFTA Poverty, Lawmakers Move to Fast-Track TPP
by Sarah Lazare
Posted Jan 12, 2013

TPP = Corporate CoupOn the heels of NAFTA's "20 years of regret" anniversary, U.S. lawmakers are aggressively pushing legislation to fast-track what has been called NAFTA on steroids: the Trans-Pacific Partnership (TPP).

Three powerful lawmakers —House Ways and Means Committee Chairman Dave Camp (R-MI), Senate Finance Committee Chairman Max Baucus (D-MT) and Ranking Member Orrin Hatch (R-Utah) — announced legislation (pdf) Thursday that would allow the Obama administration to fast-track approval of this behemoth trade deal.

Known as "trade promotion authority," the legislation would allow the Obama administration to dodge deliberation and amendments from Congress. Public Citizen summarizes:

Whether or not the president obtains the listed negotiating objectives, the bill would empower the president to sign a trade pact before Congress votes on it with a guarantee that the executive branch can write legislation to implement the pact and alter wide swaths of existing U.S. law and obtain both House and Senate votes within 90 days. That legislation is not subject to markup and amendment in committee, all amendments are forbidden during floor votes and a maximum of 20 hours of debate is permitted in the House and Senate. More...

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Eric Holder Criticized On Anniversary Of Aaron Swartz Death
by Martin Sledge
Posted Jan 11, 2013

prosecutorial overreachMembers of the House and Senate are pressing U.S. Attorney General Eric Holder to answer questions about the "aggressive" prosecution and "tragic" death of internet activist Aaron Swartz, who committed suicide a year ago Saturday while facing federal hacking charges.

Sens. John Cornyn (R-Texas), Ron Wyden (D-Ore.) Jeff Flake (R-Ariz.), and U.S. Reps. Darrell Issa (R-Calif.), Jim Sensenbrenner (R-Wisc.), Alan Grayson (D-Fla.), Zoe Lofgren (D-Calif.), and Jared Polis (D-Colo.) sent Holder a letter Friday, following up on an initial request for answers about the prosecution that Cornyn sent a year ago.

"We regret that the information your Department has provided to date has not been satisfactory -- among other things, it painted a picture of prosecutors unwilling or unable to weigh what charges to pursue against a defendant, something which you have instructed federal prosecutors is 'among [their] most fundamental duties,'" they wrote. More...

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Five Economic Reforms Millennials Should Be Fighting For
By Jesse A. Myerson
Posted Jan 9, 2014

capitalism failureIt's a new year, but one thing hasn't changed: The economy still blows. Five years after Wall Street crashed, America's banker-gamblers have only gotten richer, while huge swaths of the country are still drowning in personal debt, tens of millions of Americans remain unemployed – and the new jobs being created are largely low-wage, sub-contracted, part-time grunt work.

Millennials have been especially hard-hit by the downturn, which is probably why so many people in this generation (like myself) regard capitalism with a level of suspicion that would have been unthinkable a decade ago. But that egalitarian impulse isn't often accompanied by concrete proposals about how to get out of this catastrophe. Here are a few things we might want to start fighting for, pronto, if we want to grow old in a just, fair society, rather than the economic hellhole our parents have handed us. More...

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Burning Down The House
by James H. Kunstler
Posted Jan 8, 2013

signs of the futureMany of us in the Long Emergency crowd and like-minded brother-and-sisterhoods remain perplexed by the amazing stasis in our national life, despite the gathering tsunami of forces arrayed to rock our economy, our culture, and our politics. Nothing has yielded to these forces already in motion, so far. Nothing changes, nothing gives, yet. It's like being buried alive in Jell-O. It's embarrassing to appear so out-of-tune with the consensus, but we persevere like good soldiers in a just war.

Paper and digital markets levitate, central banks pull out all the stops of their magical reality-tweaking machine to manipulate everything, accounting fraud pervades public and private enterprise, everything is mis-priced, all official statistics are lies of one kind or another, the regulating authorities sit on their hands, lost in raptures of online pornography (or dreams of future employment at Goldman Sachs), the news media sprinkles wishful-thinking propaganda about a mythical "recovery" and the "shale gas miracle" on a credulous public desperate to believe, the routine swindles of medicine get more cruel and blatant each month, a tiny cohort of financial vampire squids suck in all the nominal wealth of society, and everybody else is left whirling down the drain of posterity in a vortex of diminishing returns and scuttled expectations. More...

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Capitalism in Crisis: Who Are the Real "Takers"?
By Bernard Weiner, PhD
Posted Jan 7, 2014

who are the parasitesIn our own time, we're still suffering the after-effects of a semi-permanent economic depression fueled by greed and the lack of tough, appropriate regulation of the finance and banking sectors. The economy remains in dire straits; the gap between the truly wealthy and the rest of us shows little signs of closing. The long-touted "American Dream" no longer offers a means by which many of the poor and middle class can make their way up the socioeconomic ladder.

Outside of the top 1% extremely wealthy, few have much disposable income, there are few good-paying jobs for the working class, partly because of outsourcing abroad, increasing robotization, unimaginative, old-style business thinking, etc. Moreover, violence and threats of violence have increased in our class-based inequality system. More...

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Your USB cable, the spy: Inside the NSA's catalog of surveillance magic
by Sean Gallagher
Posted Jan 6, 2014

BIOS chip surveillanceThe National Security Agency's sophisticated hacking operations go way beyond using software vulnerabilities to gain access to targeted systems. The agency has a catalog of tools available that would make James Bond's Q jealous, providing NSA analysts access to just about every potential source of data about a target.

In some cases, the NSA has modified the firmware of computers and network hardware—including systems shipped by Cisco, Dell, Hewlett-Packard, Huawei, and Juniper Networks—to give its operators both eyes and ears inside the offices the agency has targeted. In others, the NSA has crafted custom BIOS exploits that can survive even the reinstallation of operating systems. And in still others, the NSA has built and deployed its own USB cables at target locations—complete with spy hardware and radio transceiver packed inside. More...

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A New Way Of Defining Wealth
by Charles Hugh-Smith
Posted Jan 5, 2014

friends - real wealthThe conventional definition of wealth is solely financial: ownership of universally valued money and assets. The assumption is that money can buy anything the owner desires: power, access, land, shelter, energy, transport and if not love, then a facsimile of caring.

The flaw in this reductionist definition is obvious: not everything of value can be purchased at any price--for example, health, once lost, cannot be purchased for $1 million, $10 million or even $100 million. A facsimile of friendship can be purchased (i.e. companions willing to trade fake friendliness for money), but true friendship cannot be bought at any price: its very nature renders friendship a non-commodity.

This explains the abundance of wealthy people who are miserable, lonely and phony to the core. Only commoditized goods and services can be bought with money or assets. More...

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The NSA is Building the Foundation for a Global Police State
By Eric Sommer
Posted Jan 4, 2014

money matrix/corporate police stateNSA spying is just the beginning, a far greater threat lies ahead.he US National Security Agency (NSA) is building the foundation for a global police state. This is not an exaggeration.

The lynch pin of the NSA system is the continuous gathering of all types of digital data on political leaders, economic institutions, and hundreds of millions of people around the world. Despite the recent revelations, the political leaders of the US government have never stated that such activities will stop.

However, the current massive cyber surveillance of the worlds' people and institutions is only the beginning of the threat from the NSA and its allied US government agencies. Unrestricted information technology (IT) power in the hands of the US government is a future threat which dwarfs anything the NSA has done to date. More...

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For Financial Speculators, Profit Means Plunging the Masses into Crippling forms of Debt
by Chris Hedges
Posted Jan 3, 2014

speculators live off the work of othersOnce speculators are able to concentrate wealth into their hands they have, throughout history, emasculated government, turned the press into lap dogs and courtiers, corrupted the courts and hollowed out public institutions, including universities, to justify their looting and greed. Today's speculators have created grotesque financial mechanisms, from usurious interest rates on loans to legalized accounting fraud, to plunge the masses into crippling forms of debt peonage. They steal staggering sums of public funds, such as the $85 billion of mortgage-backed securities and bonds, many of them toxic, that they unload each month on the Federal Reserve in return for cash. And when the public attempts to finance public-works projects they extract billions of dollars through wildly inflated interest rates.

Speculators at megabanks or investment firms such as Goldman Sachs are not, in a strict sense, capitalists. They do not make money from the means of production. Rather, they ignore or rewrite the law—ostensibly put in place to protect the vulnerable from the powerful—to steal from everyone, including their shareholders. They are parasites. They feed off the carcass of industrial capitalism. They produce nothing. They make nothing. They just manipulate money. Speculation in the 17th century was a crime. Speculators were hanged. More...

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U.S. Economy 2013 Dense Fog Turns Into Toxic Smog
By James Quinn
Posted Jan 2, 2014

watch more TVThe course of human history is determined by recurring cyclical themes based upon human frailties that have been perpetual through centuries of antiquity. The immense day to day noise of an inter-connected techno-world awash in inconsequentialities and manipulated by men of evil intent is designed to divert the attention of the masses from the criminal activities of those in power. It has always been so.

There have always been arrogant, ambitious, greedy, power hungry, deceitful men, willing to take advantage of a fearful, lazy, ignorant, selfish, easily manipulated populace. The rhythms of history are unaffected by predictions of "experts" who are paid to spin yarns in order to sustain the status quo. There is no avoiding the consequences of actions taken and not taken over the last eighty years. We are in the midst of a twenty year period of Crisis that was launched in September 2008 with the worldwide financial collapse, created by the Federal Reserve, their Wall Street owners, their bought off Washington politicians, and their media and academic propaganda machines. More...

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2014 Will Bring More Social Collapse
By Dr. Paul Craig Roberts, former former Assistant Secretary of the US Treasury under Reagan
Posted Jan 1, 2014

privacy goneIn terms of surveillance technology, we are far beyond Orwell's imagination. In terms of the unaccountability of government, we exceptional and indispensable people now live a 1984 existence. In his alternative to the Queen's Christmas speech, Edward Snowden made the point that a person born in the 21st century will never experience privacy. For new generations the word privacy will refer to something mythical, like a unicorn.

Many Americans might never notice or care. I remember when telephone calls were considered to be private. In the 1940s and 1950s the telephone company could not always provide private lines. There were "party lines" in which two or more customers shared the same telephone line. It was considered extremely rude and inappropriate to listen in on someone's calls and to monopolize the line with long duration conversations. More...

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NSA intercepts computer deliveries to plant spyware
by Jeremy Kirk
Posted Dec 31, 2013

NSA - Eye Of SauronA special hacking unit of the U.S. National Security Agency intercepts deliveries of new computer equipment en route to plant spyware, according to a report on Sunday from Der Spiegel, a German publication.

The method, called "interdiction," is one of the most successful operations conducted by the NSA's Office of Tailored Access Operations (TAO), which specializes in infiltrating computers, wrote the publication, citing a top-secret document. The workshops, called "load stations," install malware or hardware components that give the NSA access to the computer, it wrote.

Der Spiegel wrote that a 50-page "product catalog" it viewed from the NSA described a division called "ANT," which specializes in engineering access to products from companies such as firewall maker Juniper Networks, networking giants Cisco Systems and Huawei Technologies, and Dell. More...

Kind of reminds me of when the "most intelligent" people in the world (Wall St), never stopped to ask themselves whether the people on the other side of all those derivative bets were capable of paying if they lost those bets. These "most intelligent people" don't look so intelligent now.

Here again the "most intelligent" people in the electronic world never stopped to consider the consequences of totally undermining security for the world's electronic systems. Doesn't the NSA understand that this technology will be reverse engineered and used in ways even they cannot predict? American technology companies will have a very hard time convincing people that their products are secure. Talk about consequences that should easily have been predicted!
These "most intelligent people" don't look so intelligent now.

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Trans Pacific Partnership Is A "Corporatist Power Grab", Shrouded In "Big Brother-Like Secrecy"
By Washington's Blog
Posted Dec 30, 2013

TPP is a corporate coupThe U.S. Trade Representative – the federal agency responsible for negotiating trade treaties – has said that the details of the Trans Pacific Partnership are classified due to "national security". A Congressman who has seen the text of the treaty says:

There is no national security purpose in keeping this text secret … this agreement hands the sovereignty of our country over to corporate interests.

It will increase the cost of borrowing, make prescription drugs more expensive, destroy privacy, harm food safety, and – yes - literally act to destroy the sovereignty of the U.S. and the other nations which sign the bill. To give an idea of what would happen to American law if TPP passes, just look at Equador …

It's courts awarded billions against Chevron for trashing huge swaths of rainforest. But then a private arbitration panel simply ignored the country's court system. If TPP passes, American courts will be sidelined as well. More...

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An Open Letter to the Makers of The Wolf of Wall Street, and the Wolf Himself
By Christina McDowell
Posted Dec 29, 2013

Wolf of Wall StI hate to be the bearer of bad news, dear Kings of Hollywood, but you have been conned.

Let me introduce myself. My name is Christina McDowell, formerly Christina Prousalis. I am the daughter of Tom Prousalis, a man the Washington Post described as "just some guy on trial for penny-stock fraud." (I had to change my name after my father stole my identity and then threatened to steal it again, but I'll get to that part later.) I was eighteen and a freshman in college when my father and his attorneys forced me to attend his trial at New York City's federal courthouse so that he "looked good" for the jury -- the consummate family man.

I urge each and every human being in America NOT to support this film, because if you do, you're simply continuing to feed the Wolves of Wall Street. More...

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Why Political Protests Ultimately Always Fail
by J.S. Kim
Posted Dec 28, 2013

Thailand protestsCurrently in Bangkok, Thailand, protests against the government remain strong with tens of thousands to hundreds of thousands regularly gathering across the city in an attempt to oust Prime Minister Yingluck Shinawatra from office. However, there are many reasons why such protests never achieve their long-term goals, even when they achieve their short-term objectives. For example, were the protestors to successfully oust current PM Yingluck Shinawatra from office as they so desire, the political system is so corrupt that another corrupt PM would just replace her. Therefore, the protestors, who fail to understand and attack the root of the underlying problems of corruption- the bankers that monopolize control of the country's monetary supply- instead attack the symptoms and manifestations of the corruption. Thus, corruption will always remain.

When a Prime Minister or President anywhere in the world states, and actually does, the following: "I will rout out all bankers that manipulate interest rates, stock markets, commodity markets, real estate markets, forex markets and every single banker that prevents free markets from operating within my country", then that will be a politician worthy of the people's support. More...

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100 Years Is Enough: Time to Make the Fed a Public Utility
by Ellen Brown
Posted Dec 28, 2013

Federal Reserve, a private cartel of banksDecember 23, 2013, marks the 100th anniversary of the Federal Reserve, warranting a review of its performance. Has it achieved the purposes for which it was designed? The answer depends on whose purposes we are talking about. For the banks, the Fed has served quite well. For the laboring masses whose populist movement prompted it, not much has changed in a century.

It may be time for a new populist movement, one that demands that the power to issue money be returned to the government and the people it represents; and that the Federal Reserve be made a public utility, owned by the people and serving them. The firehose of cheap credit lavished on Wall Street needs to be re-directed to Main Street. More...

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World Bank Whistleblower Reveals How The Global Elite Rule The World
By Michael Snyder
Posted Dec 27, 2013

 puppeteers revealedKaren 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 rule the world, and the information that she is now revealing to the public is absolutely stunning. According to Hudes, the elite use 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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Detroit Bankruptcy Starts Nationwide Public Banking Debate.
by Jerry Alatalo
Posted Dec 26, 2013

Detroit needs a public bankBy now most Americans are aware of the City of Detroit's being judged "eligible" for bankruptcy. There are a number of factors which played a part resulting in this current state of affairs. Most would acknowledge that de-industrialization, where corporations have closed down manufacturing plants and moved those operations to nations where drastically less expensive labor was available – to do the work previously done by Americans - began, decades ago, the downward spiral of harmful economic conditions for governments at all levels.

Many have asserted that Detroit's financial condition has also been the result of other factors, such as years of mismanagement, an unfortunate assessment given the conditions in Detroit which have been out of the control of the city's elected representatives. Detroit is known as the "Motor City" and in years past enjoyed a booming economy and thousands of good jobs in the automotive sector. Unfortunately for Americans, with Detroit's people being especially hard hit, the beginning of outsourcing of jobs was a continuing trend which closed plants across the nation. More...

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On The 100th Anniversary Of The Federal Reserve Here Are 100 Reasons To Shut It Down Forever
by Michael Snyder
Posted Dec 25, 2013

treasonDecember 23rd, 1913 is a date which will live in infamy. That was the day when the Federal Reserve Act was pushed through Congress. Many members of Congress were absent that day, and the general public was distracted with holiday preparations. Now we have reached the 100th anniversary of the Federal Reserve, and most Americans still don't know what it actually is or how it functions. But understanding the Federal Reserve is absolutely critical, because the Fed is at the very heart of our economic problems.

Since the Federal Reserve was created, there have been 18 recessions or depressions, the value of the U.S. dollar has declined by 98 percent, and the U.S. national debt has gotten more than 5000 times larger. This insidious debt-based financial system has literally made debt slaves out of all of us, and it is systematically destroying the bright future that our children and our grandchildren were supposed to have. If nothing is done, we are inevitably heading for a massive amount of economic pain as a nation. The following are 100 reasons why the Federal Reserve should be shut down forever... More...

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Dollar Hegemony,"Monetary Geopolitics" and the IMF: The Symbiosis between Global Finance and Power Politics
By José Miguel Alonso Trabanco
Posted Dec 24, 2013

dollar powerA full challenge to the domination of the US dollar as the world central-bank reserve currency entails a de facto declaration of war on American power and, as a result, the United States is willing to fight wars to defend its national currency (Engdahl, 2006) because "an end to the dollar's reserve currency status would impose material constraints on the United States to finance its deficits, and lead to a major loss of prestige and power projection capabilities" (Drezner, 2010). A possibility is that "widespread oil pricing in alternative currencies or perhaps the bartering of oil would then threaten U.S. hegemony by crimping the relative global demand for dollars" (Roby, 2010).

Nevertheless, perpetual hierarchic supremacy of the dollar cannot be taken for granted:

"Sooner or later, confidence in the dollar is bound to be undermined by America's chronic payments deficits, which add persistently to the country's looming foreign debt […] The exorbitant privilege obviously cannot endure forever; America's spending cannot indefinitely exceed its income. In the absence of significant policy reforms to reverse the deficits, the world's trust in the dollar is bound […] to be eroded. Dollar accumulations will eventually dry up and could even turn into massive sales" (Cohen, 2008). More...

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In Jail For Being In Debt
by Chris Serres and Glenn Howatt
Posted Dec 23, 2013

return of debtor prisonsIt's not a crime to owe money, and debtors' prisons were abolished in the United States in the 19th century. But people are routinely being thrown in jail for failing to pay debts. In Minnesota, which has some of the most creditor-friendly laws in the country, the use of arrest warrants against debtors has jumped 60 percent over the past four years, with 845 cases in 2009, a Star Tribune analysis of state court data has found.

In Minnesota, judges have issued arrest warrants for people who owe as little as $85 -- less than half the cost of housing an inmate overnight. Debtors targeted for arrest owed a median of $3,512 in 2009, up from $2,201 five years ago. Those jailed for debts may be the least able to pay. More...

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Federal Reserve: 100 Years of Failure
by James Hall
Posted Dec 22, 2013

Federal ReserveResearching economic publications on the first century of the Federal Reserve System provides a wealth of financial information that attempts to explain the way the central bank works. Rarely will the academic studies and official reports address the raw nature of a money creation by a private banking monopoly. The common practice of disparaging sources outside government or corporatist business circles, attempts to avoid addressing, much less confronting the plutocracy that controls the debt created money system.

One such source list of the ownership of the Federal Reserve, compiled by Thomas D. Schauf appears on The Federal Reserve Scam! However, before getting to the particulars of the actual families behind the central banking cabal, it is important to go directly to the source of the primary chronicler who investigated and exposed the scheme. More...

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Think Globally, Bank Locally
by Eric Utne
Posted Dec 21, 2013

police guarding wall st bullWhen Ron Paul and Dennis Kucinich and talk radio types rail about the Federal Reserve and Wall Street and international bankers, do the words fringe and conspiracy theory and even wack jobs come to mind? Me too. Or at least they used to—but that was before the economic meltdown shook the world.

Since then I've been talking with everyone I know, and some people I don't know, about what happened to our money and why, what's going on with it now, and how we can change the system. More...

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83 Numbers From 2013 That Are Almost Too Crazy To Believe
By Michael Snyder
Posted Dec 20, 2013

can't believe itDuring 2013, America continued to steadily march down a self-destructive path toward oblivion. As a society, our debt levels are completely and totally out of control. Our financial system has been transformed into the largest casino on the entire planet and our big banks are behaving even more recklessly than they did just before the last financial crisis. We continue to see thousands of businesses and millions of jobs get shipped out of the United States, and the middle class is being absolutely eviscerated.

Due to the lack of decent jobs, poverty is absolutely exploding. Government dependence is at an all-time high and crime is rising. Evidence of social and moral decay is seemingly everywhere, and our government appears to be going insane. If we are going to have any hope of solving these problems, the American people need to take a long, hard look in the mirror and finally admit how bad things have actually become. More...

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They're Planning the First Legal "Bank Robbery" in U.S. History
By Peter Krauth
Posted Dec 19, 2013

banks robbing YOUSo-called "bail-ins," which give banks the right to dip into your savings to pay for their lousy financial decisions, have been on the table for years, ever since Cyprus tested the idea. But they're moving beyond the "testing phase" now.The latest clue came from a seemingly benign banking conference on December 2, when one man revealed some frightening central government intentions.

And anyone taking careful notes understands the consequences.They're huge.You see, the most direct impact will be felt by the biggest account holders. But the indirect impact will hit everyone.

401(k)s... IRAs... Individual brokerage accounts... More...

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Hundreds Of U.S. Cities Are Turning Into Rotting, Decaying Hellholes
by Mike Snyder
Posted Dec 18, 2013

gutting of economic infrastructureAll over America, formerly prosperous communities are being transformed into crime-infested wastelands of poverty and despair. Of course the most famous example of this is Detroit. At one time, Detroit was the greatest manufacturing city that the world had ever seen and it had the highest per capita income in the entire country. But now it has become a rotting, decaying hellhole that the rest of the planet laughs at. And of course Detroit is far from alone. There are hundreds of other U.S. cities that are suffering a similar fate. In this article, the focus is going to be on Camden, New Jersey, but the truth is that there are lots of other "Detroits" and "Camdens" all over the nation. Jobs and businesses are leaving our cities at a staggering rate, and what is being left behind is poverty, crime and extreme desperation.

You can read the rest of the article right here. But as bad as things have become in Camden, this should not be a surprise to most of you. The reality is that this kind of rot and decay is happening in communities all over the United States.

Are you starting to get the picture? Our economic infrastructure is being absolutely gutted and more than 46 million Americans are now living in poverty. And if you are waiting for the jokers in Washington D.C. to fix things, you are going to be waiting for a very, very long time. More...

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What the World Could Be: 4 Short Videos to See Economic Solutions
By Carl Herman
Posted Dec 17, 2013

Break free of interest burdenIf one understands the mechanics of creating what we use for money and so-called bank loans (credit creation), the answers are obvious to:

*end the national debt
*have full-employment for infrastructure investment (this results in falling prices because infrastructure creates more economic value than investment cost)
*release trillions in so-called "rainy day" funds documented in government agencies' comprehensive annual financial reports (CAFRs)

Complete explanation and documentation of these facts, offered as early as Benjamin Franklin's pamphlet on how to operate governments without taxes (from colonial Pennsylvania's application of obvious solutions):
And… it's gone! The Fed and US could simply CANCEL all $5 trillion of intragovernmental debt
More...

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The Detroit "Bankruptcy" Distracts from Attack on Constitution: The Unelected "Czar of Detroit"
By William Boardman
Posted Dec 16, 2013

Michigan rule by decreeIn a federal lawsuit filed March 27 in the U.S. District Court, Eastern District of Michigan (Detroit), the original 22 plaintiffs argue that Michigan's czar law is unconstitutional in a variety of ways, including violation of their constitutional rights to equal protection, republican form of government, free speech, and ability to petition their government. Plaintiffs' attorneys include lawyers from the Center for Constitutional Rights. Before this lawsuit could resolve any constitutional issues, it was stayed by the Detroit czar's bankruptcy filing in July. In November, bankruptcy judge Rhodes ruled that the constitutional challenge lawsuit can go forward, after the parties agreed that the case would not seek to remove the Detroit czar.

In other words, it is one of the oddities of the priorities of federal law, as currently enforced in Michigan, that issues of municipal debt are given more importance than issues of the constitutionality of laws by which those debts will be adjudicated. More...

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Banker Jail Sentences: Another Lesson For The World From Iceland
by Tyler Durden
Posted Dec 13, 2013

banhers should go to jailInstead of kicking the can and maintaining the zombie nation, Iceland ripped its over-levered bank-based-debacle band-aid off and has slowly but surely emerged from its own crisis (notwithstanding capital controls and pain for many) unlike the rest of the Western world which has reverted to the mean of ignorance and status quo. Now, however, The Guardian reports Iceland has one more lesson to teach the world - an Icelandic court has sentenced four former Kaupthing bankers to jail for market abuses.

Instead of fining the banks (in nothing more than a cost-of-doing-business line item), there are real consequences for the actors involved. More...

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Hope and Defiance - A Lot of Hope is Dangerous
Part 2 of 2 Part Article
by James Quinn
Posted Dec 12, 2013

Orwellian state In the 1st installment of this article – May the Odds Ever Be in Your Favor – The Reaping, I addressed how wealth inequality created by men rigging the system and utilizing media propaganda ultimately leads to rebellion. In Part 2, I will show how hope and defiance can ignite the flame of liberty in the minds of men. Edward Snowden has ignited that flame.  

The last 13 years has confirmed the country is run by one party, as the Republican figurehead rolled out new trillion dollar entitlement programs, fought undeclared wars, created an Orwellian organization to spy on Americans, and drove deficits to staggering levels. Now the current Democrat figurehead has rolled out a disastrous new trillion dollar entitlement program, continues to fight undeclared wars, drones innocent people in foreign countries, secretly collects data on every American, and has driven deficits to epic heights. More...

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May the Odds Ever Be in Your Favor – The Reaping
Part 1 of 2 Part Article
By James Quinn
Posted Dec 11, 2013

wasteland TVWe are five years into the Crisis that will not resolve itself until sometime in the 2020's. No one can predict the specific events that will fundamentally change history over the next decade, but the catalysts of debt, civic decay and global disorder were evident sixteen years ago when Strauss and Howe wrote their prophetic generational history. The volcanic eruption occurred in 2008 when the worldwide financial system blew and the molten lava continues to spew forth and flow along the Federal Reserve created channels, protecting the corrupt establishment while incinerating senior citizens, the working middle class and Millennials.

Deep within the volcano the pressure is building again as the mood of the country darkens. It will blow again and the economic, social, political and military distress will catalyze into a catastrophic emergency that will tear the fabric of the country asunder. The existing social order will be swept away and replaced by a new paradigm which could be better or far worse. More...

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NSA Inks Landmark Deal to Share Information With Central Banks
by David Hague
Posted Dec 10, 2013

Federal ReserveDear reader put away your charts and graphs. Forget about fundamental and technical analysis. Ignore financial statements and trends. The extraordinary agreement to share information between the National Security Agency [NSA], a host of European, Russian, Canadian and Chinese spy agencies and the world's Central Banks will ensure that the only relevant force in Global Stock markets will be the trading activity of the world's Central Banks. Thanks to the data gathering of the NSA and its subsidiary spy agencies around the world, the Central Banks will be privy to the most confidential conversations and communications from the boardroom, the bedroom and the trading floor. Central Banks will now be able to trade with inside information that could only be dreamed about in years gone by.

"Poppycock!" you say. "Balderdash!" you exclaim. Dear reader, I too shared your cynicism and disbelief regarding the possibility of such an agreement existing until I spoke with my good friend and trusted confidante Gustavo Laframboise-Pierre, Global Director of Statistical Creation at the European Central Bank [ECB]. More...

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Pension Theft: Class War Goes to the Next Stage
by Dean Baker
Posted Dec 10, 2013

elites stealing pensionsIn the past two days we've seen a federal judge rule that Detroit can go bankrupt, putting its workers' pensions in jeopardy, and we have seen Illinois' Legislature vote for substantial cuts in its retirees' pensions. Undoubtedly these two actions are just the tip of the iceberg. We have opened up a new sport for America's elite: pension theft.

The specifics of the situations are very different, but the outcome is the same. Public employees who spent decades working for the government are not going to get the pensions that were part of their pay package. In both cases we have governments claiming poverty, and therefore the workers are just out of luck. In the case of Detroit, the typical pension is a bit more than $18,000 a year. In Illinois it's around $33,000 a year. It's important to note that most Illinois workers do not get Social Security, so this is their whole retirement income. More...

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Chomsky: It Is All Working Quite Well for the Rich, Powerful
By CJ Polychroniou and Anastasia Giamali
Posted Dec 9, 2013

ChomskyThe basic explanation is the usual one: It is all working quite well for the rich and powerful. In the US, for example, tens of millions are unemployed, unknown millions have dropped out of the workforce in despair, and incomes as well as conditions of life have largely stagnated or declined. But the big banks, which were responsible for the latest crisis, are bigger and richer than ever, corporate profits are breaking records, wealth beyond the dreams of avarice is accumulating among those who count, labor is severely weakened by union busting and "growing worker insecurity," to borrow the term Alan Greenspan used in explaining the grand success of the economy he managed, when he was still "St. Alan," perhaps the greatest economist since Adam Smith, before the collapse of the structure he had administered, along with its intellectual foundations.

So what is there to complain about? The "market-centric rule" imposes harsh discipline on the many, but the few who count protect themselves from it effectively. More...

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A Hard Lesson from Detroit: They Will Steal Your Pension
by David Cay Johnston
Posted Dec 8, 2013

bankers steal pensionsAnyone in a public-sector job looking forward to retiring in comfort should look carefully at what is going on in Detroit and Springfield, Ill. Sherlock Holmes would call it the case of the missing pension money.
News leaking out this week from the Motor City tells how the enormous gap between the pensions workers earned and the money set aside to pay for them will be closed. By stealing from the workers.

Courts, legislatures, and corporations are all working in concert not to pay the full benefits owed. For decades, political and business leaders failed to set aside the right amount of money each payday to cover the pensions workers earned and, in some cases, covered up the mismanagement of pension fund investments. More...

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The Death of Irony, Or, University Of Penn's Secret Meetings On Secret Laws
By Dustin Slaughter
Posted Dec 7, 2013

University of Pennsylvania secrett discussions on secret courts and secret lawsThis morning's roundtable discussion [at U of Penn]: Spying and the Judiciary: FISA and Other Special Courts. The event is one of seven moderated discussions included in the university's Center for Ethics and the Rule of Law (CERL) conference, On the Very Idea of Secret Laws: Transparency and Publicity in Deliberative Democracy.

After taking a seat (and catching out of the corner of my eye NSA's deputy director John "Chris" Inglis drift into the room, among others), a wiry CERL staffer named Ilya Rudyak walks over and asks for my name. I introduce myself and offer my press badge. In other words, this morning's moderated discussion on secret courts, secret laws, and a rampaging surveillance apparatus is strangely, well, secret. More...

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Alaska could walk away from Wall Street with a public bank of its own
by Ray Southwell
Posted Dec 6, 2013

public bank laternative to Wall StBanks have a great privilege. They create debt/money with a few strokes on a computer keyboard. Then they charge interest on this newly created "money." It's called Fractional Reserve Banking. All banks, but one, are privately owned. By law, these private banks have one objective, making profits for their shareholders. It is all about profits for the private banks.

It is a failed system. Booms and busts are created by the improper use of this newly created money. We could change the Federal Reserve Banking system. However, Washington D.C. has lost its way and we are foolish believing things are ever going to improve at the federal level. The cabal of private Wall Street banks run the show and must make profit for the few. More...

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The Tribal Mentality Indoctrinating Individuals into the Tribe's Beliefs Politics
By Dr. Jeff Lewis
Posted Dec 5, 2013

tribal indoctrinationDue to his nature, the ruler of the tribe (almost certainly a sociopath), couldn't possibly have one of his tribe members, whom he saw merely as human cattle, just pick up and leave. What if more people decided to leave as well? Or even worse, what if the young man came back with news about some wonderful new place where the trees were filled with fruits, or rivers filled with fishes, or plains filled with animals? After all, sociopaths always rule by means of scarcity and fear (they are incapable of love after all.) So faced with the situation, the ruler convinced the rest of the tribe that this was all there was to the world, and that thinking that there might be something more was a ludicrous fantasy, and whoever thinks differently was a threat to the tribe!

And people believed the ruler. He talked a big game about unity and hope, and how he cared about their well-being, and folks ate it all up! It was an easy sell in fact, because for most people, whoever think differently must be the enemy. More...

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6 Signs Our Culture Is Sick With Greed
By RJ Eskow
Posted Dec 4, 2013

greedMore than ever, we seem infatuated with the fruits of unproductive greed.The love of money for money's sake is the social disease of our time. We see it all around us: in the celebration of ill-gotten stock gains, public admiration for the heads of criminal banks, the words of Kanye West, in the commercialization of charity and even spirituality.

This week a self-styled financial advisor on the investment website Seeking Alpha celebrated the investment opportunities created by the wave of criminality and fraud which has overtaken JP Morgan Chase. The bank's epidemic of internal fraud has led to tens of billions in fines during the tenure of CEO Jamie Dimon. More...

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Decline of the American Empire? Global Configurations of Power, The Swindle Economy and the Criminal State
By Prof. James Petras
Posted Dec 3, 2013

empire in declineBubbles and busts come and go – but let us talk of 'beneficiaries': Those who cause crashes, reap the greatest rewards while their victims have no say. The swindle economy and the criminal state prosper by promoting the perversion of culture and literacy. 'Investigatory journalism', or peephole reportage, is all the rage. The world of power spins out of control: As they decline, the leading powers declare "it's our rule or everyone's ruin!"

The dominant view of most critical analysts is that over the past decade US empire-building has suffered a series of military defeats, experienced economic decline, and now faces severe competition and the prospect of further military losses. The evidence cited is impressive: The US was forced to withdraw troops from Iraq , after an extremely costly decade-long military occupation, leaving in place a regime more closely allied to Iran , the US ' regional adversary. The Iraq war depleted the economy, deprived American corporations of oil wealth, greatly enlarged Washington 's budget and trade deficits and reduced the living standards of US citizens. The Afghanistan war had a similar outcome, with high external costs, military retreat, fragile clients, domestic disaffection and no short or medium term transfers of wealth (imperial pillage) to the US Treasury or private corporations. More...

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(Un)Paving Our Way To The Future
by James H. Kunstler
Posted Dec 2, 2013

time to rethinkCountry life for everybody in the world's savior democracy! Fresh air! Light! Play space for the little ones! Nothing in world history had been easier to sell. Interestingly, in a nation newly-addicted to television viewing, the suburban expansion of the 1950s took on a cartoon flavor. It was soon apparent that the emergent "product" was not "country living" but rather a cartoon of a country house in a cartoon of the country. Yet it still sold. Americans were quite satisfied to live in a cartoon environment. It was uncomplicated. It could be purchased on installment loans. We had plenty of cheap energy to run it.

It took decades of accreting suburbia for its more insidious deficiencies to become apparent. Most noticeable was the disappearance of the rural edge as the subdivisions quickly fanned outward, dissolving the adjacent pastures, cornfields, and forests that served as reminder of the original promise of "country living." Next was the parallel problem of accreting car traffic. Soon, that negated the promise of spacious country living in other ways. The hated urban "congestion" of living among too many people became an even more obnoxious congestion of cars. That problem was aggravated by the idiocies of single-use zoning, which mandated the strictest possible separation of activities and forced every denizen of the suburbs into driving for every little task. Under those codes (no mixed use!), the corner store was outlawed, as well as the café, the bistro, indeed any sort of gathering place within a short walk that is normal in one form or another in virtually every other culture. More...

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Public Banking Is the Answer
By Ruth Conniff
Posted Dec 1, 2013

public banks are the answerCo-ops, renewable energy, sustainable agriculture. . . all of these efforts to create a better society run counter to the values of Wall Street. Wall Street speculators have badly distorted our economy and our communities by maximizing short-term profits at the expense of the public's long-term interests.

And then, with their chokehold on Washington, they have managed to hold us up for trillions of dollars in bailout funds after gambling our money away. Meanwhile, these same financial institutions use predatory lending practices to steal money from the poor. And when it comes time to financing public-works projects, we lose billions by paying their inflated interest rates. More...

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Legal Framework for Big Banks Puts Depositors at Risk
By Steve Seuser
Posted Nov 30, 2013

legal theft of depositsThis article documents the legal framework for too-big-to-fail banks and other banks with derivative investments that put their depositors at high risk in the event of bankruptcy. It is intended to assist District of Columbia elected officials, city administrators, other concerned stakeholders, and citizens to understand and respond to the legal framework that binds federal regulatory agencies and courts in the event of bank failures.

In the U.S. and Great Britain, the Federal Deposit Insurance Corporation (FDIC) and the Bank of England in 2011 jointly published Resolving Globally Active, Systemically Important, Financial Institutions. This document provides the legal framework for seizing deposit accounts in failed banks and converting them to stock in the reconstituted bank in order to preserve the soundness of the bank. This background piece describes the legal position of depositors as unsecured creditors in bankruptcy. The FDIC's document also uses the terms "unsecured creditors" and "unsecured debt holders" to include depositors in the following statement (p. 8). More...

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Bank Deposits Confiscation: The "Cyprus Experiment" and the Launch of a Global Trend
by Valentin Katasonov
Posted Nov 29, 2013

cyprus was a test runIn March 2013 the events in Cyprus shock the world to hit the radar screen of world media.The bank deposits were confiscated.

Some tried to make it look as an emergency measure, an exclusion from the rules that define banking activities and the functioning of market economy. But there is a solid ground to believe the confiscations are to become a routine feature of everyday life.

The events were normally painted as some kind of poorly planned ad libbed decision on the part of the European Union carried out by Cyprus government. It was a one-time action, a step taken under the pressure of circumstances. We view it differently, in our opinion it was a well prepared concerted action approved at top level including actors outside Europe. The very operation should be defined as a precedent, an experiment or a test. Or, to be exact, the test to launch a global trend and the confiscation spread around the world. More...

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How Wall Street's New Empire of Rental Homes Could Blow Up the Economy
By Laura Gottesdiener
Posted Nov 28, 2013

another crash comingYou can hardly turn on the television or open a newspaper without hearing about the nation's impressive, much celebrated housing recovery. Home prices are rising! New construction has started! The crisis is over! Yet beneath the fanfare, a whole new get-rich-quick scheme is brewing.

Over the last year and a half, Wall Street hedge funds and private equity firms have quietly amassed an unprecedented rental empire, snapping up Queen Anne Victorians in Atlanta, brick-faced bungalows in Chicago, Spanish revivals in Phoenix. In total, these deep-pocketed investors have bought more than 200,000 cheap, mostly foreclosed houses in cities hardest hit by the economic meltdown.

Wall Street's foreclosure crisis, which began in late 2007 and forced more than 10 million people from their homes, has created a paradoxical problem. Millions of evicted Americans need a safe place to live, even as millions of vacant, bank-owned houses are blighting neighborhoods and spurring a rise in crime. Lucky for us, Wall Street has devised a solution: It's going to rent these foreclosed houses back to us. In the process, it's devised a new form of securitization that could cause this whole plan to blow up—again. More...

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A Corporate Coup in Disguise
By Jim Hightower
Posted Nov 27, 2013

Corporate coupWhat if our national leaders told us that communities across America had to eliminate such local programs as Buy Local, Buy American, Buy Green, etc. to allow foreign corporations to have the right to make the sale on any products purchased with our tax dollars? This nullification of our people's right to direct expenditures is just one of the horror stories in the Trans-Pacific Partnership (TPP).

This is a super-sized NAFTA, the 1994 trade scam rammed through Congress by the entire corporate establishment. NAFTA promised the "glories of globalization": prosperity across our land. Unfortunately, corporations got the gold. We got the shaft -- thousands of factories closed, millions of middle-class jobs went south, and the economies of hundreds of towns and cities were shattered.

Twenty years later, the gang that gave us NAFTA is back with the TPP, a "trade deal" that mostly does not deal with trade. Of the 29 chapters in this document, only five cover traditional trade matters! The other chapters amount to a devilish "partnership" for corporate protectionism. More...

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Americans Are Finally Learning About False Flag Terror
by George Washington's Blog
Posted Nov 26, 2013

false flag attacks commonGovernments from around the world admit they carry out false flag terror:

As admitted by the U.S. government, recently declassified documents show that in the 1960's, the American Joint Chiefs of Staff signed off on a plan to blow up AMERICAN airplanes (using an elaborate plan involving the switching of airplanes), and also to commit terrorist acts on American soil, and then to blame it on the Cubans in order to justify an invasion of Cuba. See the following ABC news report; the official documents; and watch this interview with the former Washington Investigative Producer for ABC's World News Tonight with Peter Jennings.

A U.S. Congressional committee admitted that – as part of its "Cointelpro" campaign – the FBI had used many provocateurs in the 1950s through 1970s to carry out violent acts and falsely blame them on political activists. Much, much more...

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End the 1 Percent's Free Ride: Taxing Land Would Solve America's Biggest Problems
By Jesse Myerson
Posted Nov 25, 2013

real tax overhaulWant a real overhaul of the tax code? Here's an elegant way to reduce inequality and mitigate poverty — in one tax.

At present, neither party advocates the tax code so elegant it can reduce inequality, mitigate poverty, stimulate productivity, prevent asset price bubbles, stem community-shredding gentrification and drain the distended Wall Street cabal of its ill-gotten gains – in just one tax.

Land value. If we want a real overhaul/simplification of the tax code, the way to do it is to tax land value. It might be the only tax we need. No sales tax. No income tax. No payroll tax to fill a Social Security trust fund. No corporate income tax that, as we can plainly see, offshores profits. No need to tax labor and industry at all. Just tax the stuff that humans had nothing to do with creating, and therefore have no basis to claim ownership over at all. You'll find that almost all of it is "owned" by the fabled 1 percent. More...

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The Dark Heart Of Centralized Power
by Charles Hugh-Smith
Posted Nov 24, 2013

power corruptsIt's little wonder so many sociopaths end up in positions of power: power attracts the ruthless unencumbered by empathy. No wonder the phrase pathology of power resonates.

There is an ontological darkness in centralized power, and it flows from the disconnect between authority, responsibility and consequence. A leader with vast centralized powers--a president, an emperor, a dictator--has the authority to send young citizens into combat in distant lands, but he does not carry an equal responsibility to ensure their lives are not lost in the vain glories of Empire. The consequences of his decisions do not fall on him; he is far from the combat and the loosed dogs of war. His concern is the domestic political squabbles of the Elites who support his centralized power.

All centralized power carries the same pathology: those with the authority are never exposed to the consequences of their authority, nor do they have any responsibility for the consequences. The president who launches an unwinnable war that chews up the nation's youth and treasure leaves office to fund-raise for his self-glorification, i.e. a presidential library. The CEO whose strategies fail to revive the corporation and indeed send it to the brink of insolvency leaves with a "golden parachute" worth tens of millions of dollars. More...

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A Brave Hacker Willing to Spend a Decade in Prison for Exposing the Workings of the Corporate State
by Chris Hedges
Posted Nov 23, 2013

government fears truthThe sentence was one of the longest in U.S. history for hacking and the maximum the judge could impose under a plea agreement in the case. It was wildly disproportionate to the crime—an act of nonviolent civil disobedience that championed the public good by exposing abuses of power by the government and a security firm. But the excessive sentence was the point. The corporate state, rapidly losing credibility and legitimacy, is lashing out like a wounded animal. It is frightened. It feels the heat from a rising flame of revolt. It is especially afraid of those such as Hammond who have the technical skills to break down electronic walls and expose the corrupt workings of power.

The sentencing converges with the state’s persecution of Chelsea Manning, Edward Snowden, Julian Assange and Barrett Brown, along with Glenn Greenwald, Jacob Appelbaum, Laura Poitras and Sarah Harrison, four investigative journalists who are now in self-imposed exile from the United States. And as the numbers of our political prisoners and exiled dissidents mount, there is the unmistakable stench of tyranny. More...

The sad irony is that Judge Preska called for "respect for the law", but she really needs to rethink whether the founding the founding fathers would have approved of the current corporate run state and a judiciary that obediently does the corporate bidding. The sad irony is that her obscene sentence will only breed more disrespect, not respect for the law.

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The Money Changers Serenade: A New Bankers' Plot to Steal Your Deposits
By Dr. Paul Craig Roberts (former Asst. Sec. of the US Treasury under President Reagan)
Posted Nov 22, 2013

protect the bankersFormer Treasury Secretary Timothy Geithner, a protege of Treasury Secretaries Rubin and Summers, has received his reward for continuing the Rubin-Summers-Paulson policy of supporting the "banks too big to fail" at the expense of the economy and American people. For his service to the handful of gigantic banks, whose existence attests to the fact that the Anti-Trust Act is a dead-letter law, Geithner has been appointed president and managing director of the private equity firm, Warburg Pincus and is on his way to his fortune.

When a person becomes a Treasury official it is made clear that the choice is between serving the banks and becoming rich or trying to serve the public and becoming poor. Few make the latter choice. More...

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The Trans-Pacific Partnership treaty is the complete opposite of 'free trade'
by Mark Weisbrot
Posted Nov 20, 2013

TPP is a corporate coupThe TPP would strip our constitutional rights, while offering no gains for the majority of Americans. It's a win for corporations. The proposed Trans-Pacific Partnership agreement among 12 governments, touted as one of the largest "free trade" agreements in US history, is running into difficulties as the public learns more about it. Last week 151 Democrats and 23 Republicans (pdf) in the House of Representatives signed letters to the US chief negotiators expressing opposition to a "fast track" procedure for voting on the proposed agreement. This procedure would limit the congressional role and debate over an agreement already negotiated and signed by the executive branch, which the Congress would have to vote up or down without amendments.

Most Americans couldn't tell you what "fast track" means, but if they knew what it entails they would certainly be against it. More...

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State "Stink Tanks" Exposed
by Dave Johnson
Posted Nov 19, 2013

Corporate States of AmericaHow many times have you read or heard in the news something along the lines of "a new report from the Institute of Free Markets and Liberty finds that giant corporations and billionaires create jobs if given tax cuts," or how about your classic "Toxic Sludge Is Good For You"? Well guess what, a new report from an actual, honest think tank exposes a national network of corporate PR firms masking themselves as think tanks. The report calls these corporate-front PR firms "Stink Tanks."

The report, titled Stinktanks.org, exposes the State Policy Network (SPN), an $83 million web of right-wing "think tanks" in every state across the country. These organizations present themselves as nonpartisan, objective and scholarly, But instead of being actual, honest "think tanks" all of these organizations are instead of acting as honest "think tanks" they instead operate as PR firms. More...

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The Internet Is Now Weaponized, And You Are The Target
by Zero Hedge
Posted Nov 17, 2013

Internet is weaponized against youBy now, thanks to Edward Snowden, it is common knowledge and not just conspiracy theory, that every bit of information sent out into the wired or wireless ether is scanned, probed, intercepted and ultimately recorded by the NSA and subsequently all such information is and can be used against any US citizen without a court of law (because the president's pet secret NISA "court" is anything but). Sadly, in a country in which courtesy of peak social networking, exhibitionism has become an art form, the vast majority of Americans not only could not care less about Snowden's sacrificial revelations, but in fact are delighted the at least someone, somewhere cares about that photo of last night's dinner. However, it turns out that far from being a passive listener and recorder, the NSA is quite an active participant in using the internet. The weaponized internet.

Because as Wired reports, "The internet backbone — the infrastructure of networks upon which internet traffic travels — went from being a passive infrastructure for communication to an active weapon for attacks." And the primary benefactor: the NSA - General Keith Alexander massive secret army - which has now been unleashed against enemies foreign, but mostly domestic. More...

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9 Out Of 10 Americans Are Completely Wrong About This Mind-Blowing Fact
Posted Nov 16, 2013


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Wikileaks publishes draft of secretive TPP trade pact
by Steven Musil
Posted Nov 15, 2013

TPP threatens Internet freedomWikileaks released on Wednesday what it called the draft text of a secretly negotiated international economic treaty that critics warn could limit Internet freedoms.

The document-leaking organization published a draft of the Intellectual Property Rights chapter for the Trans-Pacific Partnership (TPP), a proposed free-trade agreement between the US and 11 Pacific Rim nations that's been under negotiation for nearly three years. However, because the Obama administration has deemed the talks to be classified information, this appears to be the first time the public is getting a glimpse at the pact.

"One could see the TPP as a Christmas wish-list for major corporations, and the copyright parts of the text support such a view," Matthew Rimmer, an expert in intellectual property law, told the Sydney Morning Herald. "Hollywood, the music industry, big IT companies such as Microsoft and the pharmaceutical sector would all be very happy with this." More...

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Why Has Nobody Gone To Jail For The Financial Crisis? Judge Rakoff Says: "Blame The Government"
By Jed S. Rakoff - US District Judge
Posted Nov 14, 2013

Holder refuses to prosecute too big to failThe Great Recession was in material part the product of intentional fraud, the failure to prosecute those responsible must be judged one of the more egregious failures of the criminal justice system in many years. Indeed, it would stand in striking contrast to the increased success that federal prosecutors have had over the past 50 years or so in bringing to justice even the highest level figures who orchestrated mammoth frauds. Thus, in the 1970's, in the aftermath of the "junk bond" bubble that, in many ways, was a precursor of the more recent bubble in mortgage-backed securities, the progenitors of the fraud were all successfully prosecuted, right up to Michael Milken. Again, in the 1980's, the so-called savings-and-loan crisis, which again had some eerie parallels to more recent events, resulted in the successful criminal prosecution of more than 800 individuals, right up to Charles Keating. And, again, the widespread accounting frauds of the 1990's, most vividly represented by Enron and WorldCom, led directly to the successful prosecution of such previously respected C.E.O.'s as Jeffrey Skilling and Bernie Ebbers.

In striking contrast with these past prosecutions, not a single high level executive has been successfully prosecuted in connection with the recent financial crisis, and given the fact that most of the relevant criminal provisions are governed by a five-year statute of limitations, it appears very likely that none will be. It may not be too soon, therefore, to ask why. More...

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The Shamelessness of Bankers
By Richard (RJ) Eskow
Posted Nov 13, 2013

unbridled greed and impunityIt's not easy to maintain a civil tone while describing the magnitude of the misbehavior among executives at Wall Street's largest institutions. To criticize bankers is to describe large-scale wrongdoing, mass-produced outrage which leads to widespread misery. It can't be done without routinely deploying words like "perjury," "forgery," "fraud," "deceit," "corruption," and "rapaciousness."

Unfortunately, the forms of speech which adequately convey big-banker behavior also make it easy for insiders in politics, government, and the media to dismiss that same speech as excessive.

That's one reason why some recent remarks by William Dudley, President of the New York Federal Reserve Bank, are so important. He's no outsider, and he's no extremist. And yet, after exploring potential solutions to the "too big to fail" problem in a speech to Global Economic Policy Forum last week, Dudley went on to discuss what he called "the apparent lack of respect for law, regulation and the public trust." More...

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The Illusion of Freedom - Democracy, Religion, Science and Propaganda
by Nadeem Walayat
Posted Nov 11, 2013

illusion of freedomAs the past 10,000 years seen the domestication of many animals such as cattle, sheep and chickens, so have human's effectively been domesticated by the various ruling elite's at the time into highly docile and compliant population's in the service of the ruling elite's of each society which enables a small ruling elite to relatively easily manage an every increasing mass of slaves to their advantage.

The most effective system's of slavery are those where most of the people cannot perceived that they are in actual fact slaves. As an example whilst most in the west may be able to recognise that for instance most of the people living in North Korea are in fact living a slave existence. However many North Korean slaves have been successfully conditioned through propaganda to view themselves as being in a superior state of existence as compared to those that live in the west which they consider to be under U.S. Imperial control that seeks total dominion over the peoples of the planet, and for evidence they look at their own history of conflicts with the U.S. reinforced by a string of subsequent U.S. wars and military strikes. More...

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The Hegelian Dialectic and its use in Controlling Modern Society
by General Maddox
Posted Nov 10, 2013

controlling the massesTo put it simply, the basis of Hegelianism dictates that the human mind can't understand anything unless it can be split into two polar opposites. Good / Evil, Right / Wrong, Left / Right.

For example when people are talking about 2 political parties, Labor or Liberal, what they're actually referring to, without realising it, is the thesis and the antithesis based off the Hegelian Dialectic. The only real debate that occurs is just the minor differences between those two parties. Nothing is said or done about the issues that neither left or right is discussing. This in particular will become more apparent as the election draws near.

Another form of the Hegelian Dialectic is Problem – Reaction – Solution. Most of us unwittingly fall victim to it all too often and sadly if we don't stop, we will continue to lose our free will and liberties. It has been widely used by our governments and corporations around the world. You could say that in terms of controlling the masses, and society in general, it's deployment has been an effective tool in keeping humanity in check. More...

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Jury Nullification Last Refuge for Justice
by BATR
Posted Nov 9, 2013

prosecutorial abuseA society that ignores or downplays Liberty is a culture that has lost its purpose. In such a regime, the people are relegated to the whims of the State and every citizen is at risk of criminal prosecution. Imagine the most evil attorney, like John Milton from The Devil's Advocate movie, as a DA. The irony that the initials for a District Attorney are the same as the title of the script should not be lost. Al Pacino's Speech could be given in any courtroom by a zealot persecutor as a closing statement.

Charging God for the injustices of the world, by a government lawyer and equating the accused with such crimes, gives new meaning to John Milton's classic Paradise Lost. The justice system has little to do with dispensing righteous responsibility. What is the alternative to a kangaroo court of facilitator judges for lying state prosecutors? Historically, a verdict decided by jury is the greatest protection that any defendant can rely upon. More...

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Is America Being Deliberately Pushed Toward Civil War?
by Brandon Smith
Posted Nov 8, 2013

divide and conquerThe idea that our government has indeed run economic collapse scenarios, found the United States in mortal danger, and done absolutely nothing to fix the problem is bad enough. I have my doubts, however, that the Pentagon or partnered private think tanks like the RAND Corporation did not run scenarios on dollar collapse long before 2009. In fact, I believe there is much evidence to suggest that the military industrial complex has not only been aware of the fiscal weaknesses of the U.S. system for decades, but they have also been actively engaged in exploiting those weaknesses in order to manipulate the American public with fears of cultural catastrophe.

History teaches us that most economic crisis events are followed or preceded immediately by international or domestic conflict. War is the looming shadow behind nearly all fiscal disasters. I suspect that numerous corporate think tanks and the Department Of Defense are perfectly aware of this relationship and have war gamed such events as well. Internal strife and civil war are often natural side effects of economic despair within any population.

Has a second civil war been "gamed" by our government? And are Americans being swindled into fighting and killing each other while the banksters who created the mess observe at their leisure, waiting until the dust settles to return to the scene and collect their prize? Here are some examples of how both sides of the false left/right paradigm are being goaded into turning on each other. More...

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The Entire Fiat Money System is Bankrupt: Demise of the Global US Fiat Dollar Reserve Currency
By Matthias Chang
Posted Nov 7, 2013

fiat dollar demisePrior to the Global Financial Tsunami of 2008, I had written several articles exposing the global Too Big To Fail (TBTF) banks as financial rapists and predators and they would cause untold havoc to the financial system.

Post the crisis, I had also warned that these global TBTF banks are all insolvent and the toxic assets on their balance sheets would exceed US$20 trillion at the minimum. The entire fiat money system is bankrupt. Printing toilet paper money by the trillions does not make the system solvent. It is a clear admission that the system is totally broken.

The banking Humpty-Dumpty has fallen from the wall and shattered into a thousand pieces! The confirmation for this is the fact that all central banks led by the FED have only one aim – to create massive asset inflation. How can a stock market of a bankrupt nation be at an all-time high? More...

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Despite Eight Ongoing Criminal/Civil Investigations of JPMorgan,
the Bank's a Law Enforcement Partner With the NYPD

by Pam Martens
Posted Nov 6, 2013

Ray Kelly partenering with criminalsWhile most law enforcement bodies around the U.S. would instantly weed out serial wrongdoers as job hires, Bloomberg and Kelly have created an art form out of joint policing ventures with Wall Street, operating both a rent-a-cop program with Wall Street as well as pumping at least $150 million of taxpayer money into the Lower Manhattan Security Coordination Center where Wall Street employees sit elbow to elbow with NYPD officers.

Under some Orwellian concept of citizen surveillance, the very Wall Street banks that proved they were a far greater threat to the United States than any foreign terrorist when they collapsed the Nation's financial system in 2008, are part of a joint venture with the NYPD to use high-tech spy equipment to monitor the comings and goings of citizens in the streets of Manhattan – the majority of which, unlike Wall Street, are law abiding citizens. More...

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The bank guarantee that bankrupted Ireland, and the solution staring everyone in the face
by Ellen Brown
Posted Nov 5, 2013

Irish debt slaveryThe Irish have a long history of being tyrannized, exploited, and oppressed - from the forced conversion to Christianity in the Dark Ages, to slave trading of the natives in the 15th and 16th centuries, to the mid-nineteenth century "potato famine" that was really a holocaust. The British got Ireland's food exports, while at least one million Irish died from starvation and related diseases, and another million or more emigrated.

Today, Ireland is under a different sort of tyranny, one imposed by the banks and the troika - the EU, ECB and IMF. The oppressors have demanded austerity and more austerity, forcing the public to pick up the tab for bills incurred by profligate private bankers. More...

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Huge Cracks In US Financial Fortress, Petro-Dollar Final Death Throes Stock-Markets
By Jim Willie CB
Posted Nov 4, 2013

dollar collapseMany analyst writers choose the Black Swan analogy to describe deeply ominous events in progress, with little forward notice. The analogy simply does not fit anymore, as an armada of black swans is more appropriate, spotted on regular and frequent sightings. The Jackass preference is to describe a series of major cracks in the financial fortress that defends the USDollar system and its decrepit USTreasury Bond shuttle buggy.

The vehicle is overloaded with supply and bereft of investors, upheld by a printing press, explained by pure heresy. Its derivative coil on the undercarriage axle system is broken from the overdone leverage and hidden machinations. The integrity of the USD/USTB brand name was cast off the American coat of arms along with the Lehman Brothers killing to save Goldman Sachs, the adoption of Fannie Mae to conceal the fraud, and the AIG to contain the derivative payouts. The October Hat Trick Letter explains the Wall Street saga behind the scenes on the GSax rescue, managed by the USDept Treasury office. More...

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America's Culture of Ignorance Politics
By James Quinn
Posted Nov 2, 2013

ignorance of the massesThe kabuki theater that passes for governance in Washington D.C. reveals the profound level of ignorance shrouding this Empire of Debt in its prolonged death throes. Ignorance of facts; ignorance of math; ignorance of history; ignorance of reality; and ignorance of how ignorant we've become as a nation, have set us up for an epic fall. It's almost as if we relish wallowing in our ignorance like a fat lazy sow in a mud hole. The lords of the manor are able to retain their power, control and huge ill-gotten riches because the government educated serfs are too ignorant to recognize the self-evident contradictions in the propaganda they are inundated with by state controlled media on a daily basis.

The levels of ignorance are multi-dimensional and diverse, crossing all educational, income, and professional ranks. The stench of ignorance has settled like Chinese toxic smog over our country, as various constituents have chosen comforting ignorance over disconcerting knowledge. The highly educated members, who constitute the ruling class in this country, purposefully ignore facts and truth because the retention and enhancement of their wealth and power are dependent upon them not understanding what they clearly have the knowledge to understand. The underclass wallow in their ignorance as their life choices, absence of concern for marriage or parenting, lack of interest in educating themselves, and hiding behind the cross of victimhood and blaming others for their own failings. More...

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Hillary Clinton Rakes in Big Money from Two Goldman Sachs Speeches in One Week
by Rod Bastanmehr
Posted Nov 1, 2013

Clinton in bed with Wall StFormer Secretary of State, and presumed 2016 presidential hopeful, Hillary Clinton spoke at two separate Goldman Sachs events in the past week (on October 24, and then again on October 29), for a cool $200,000 per speech, her normal fee according to Politico and the New York Times. $400,000—not a bad payday for the former First Lady.

Alec Torres of the National Review Online reports that, on the 24th, Clinton spoke for the AIMS Alternate Investment Conference, a closed event held exclusively for Goldman clients. AIMS is an annual conference that explores strategic models and new products available to financial advisers. Pretty exclusive stuff. More...

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Debt No More! How Obama can defeat Austerity Thugs by Using the Constitution and Debt-Free Money
by Scott Baker
Posted October 19, 2013

constitution specifies debt free moneyWell, we narrowly escaped a debt default...again. But like the Terminator, the debt ceiling will be baaaccckkk... It'll be back in January, in fact. so, it's worth reviewing the president's true options before then.

The only things that have changed is that there are now even more commentators insisting that the president has options to defeat a recalcitrant, dysfunctional, contradictory, Congress that may, in a matter of days, violate the constitution by not providing the means necessary to pay the country's existing bills. However, the president (and not Congress) is ALREADY violating the constitution by subverting the will of Congress in paying for some authorized things and not others, and needs to stop immediately, before his credibility is eroded even further by nit-picking, sound-biting, Congressional Representatives who stage photo-ops at closed WWII memorials, while allowing children on food stamps to go hungry off camera. More...

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Global Wealth and Inequality: Towards a World of Super Rich "Trillionaires" Amidst Mounting Poverty
By Paul B. Farrell
Posted October 17, 2013

extreme wealthAmerica's new 'economic guillotine' is dead ahead. Wealth report on inequality calls to mind French Revolution

Credit Suisse's new Global Wealth Report reminds us of the 1790s when inequality ignited the French Revolution and 40,000 met the guillotine. Today, Credit Suisse data reveal that just 1% own 46% of the world, while two-thirds of the world's people have less than $10,000 wealth. Credit Suisse predicts a world with 11 trillionaires in a couple generations, as the rich get richer and the gap widens.

Can this trend continue? Or will it trigger an "economic guillotine?" Nobel economist Joseph Stiglitz, author of "The Price of Inequality," is not as optimistic as Credit Suisse: "America likes to think of itself as a land of opportunity." But today the "numbers show that the American dream is a myth … the gap's widening … the clear trend is one of concentration of income and wealth at the top, the hollowing out of the middle, and increasing poverty at the bottom." More...

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Corporations Ask to Write their Own Regulations via "Trade" Deal
by Public Citizen
Posted October 16, 2013

corporations write lawsThe New York Times has just reported that European government officials have been taking pains to entertain corporations' deregulatory demands for the Trans-Atlantic Free Trade Agreement (TAFTA). The European Commission appears to have mistakenly released minutes of confidential government meetings held with U.S. and European corporations to see how their priorities could shape the proposed U.S.-EU deal. This may not come as a shock to those in the U.S. who know that the Obama administration has been regularly soliciting private advice on both TAFTA and the Trans-Pacific Partnership (TPP) from about 600 corporate trade "advisors" who are granted privileged access to negotiators and secretive trade texts.

But the just-released minutes of the meetings between EU officials and U.S. and European corporate heads (among other documents unearthed by Corporate Europe Observatory and the New York Times) reveal the incredible extent to which corporations are pushing for TAFTA to rewrite health, environmental, financial and other safeguards to be more convenient to industry interests. Here are a few of the sweeping TAFTA demands explicitly expressed by the corporations of the U.S. Chamber of Commerce and BusinessEurope. More...

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The Nightmare Scenario: A Repo Implosion
By Mike Whitney
Posted October 15, 2013

economic collapsePresident Barack Obama is determined to prevail in his battle with GOP congressional leaders on the debt ceiling issue, but not for the reasons stated in the media. Obama is less concerned with the prospect of higher interest rates and frustrated bondholders than he is with the big Wall Street banks who would be thrust back into crisis if there is no resolution before October 17. Absent a debt ceiling deal, the repurchase market -- known as repo -- would undergo another deep-freeze as it did in 2008 when Lehman Brothers defaulted triggering a run on the Reserve Primary Fund which had been exposed to Lehman's short-term debt.

The frenzied sell-off sparked a widespread panic across global financial markets pushing the system to the brink of collapse and forcing the Federal Reserve to backstop regulated and unregulated financial institutions with more than $11 trillion in loans and other obligations. The same tragedy will play out again, if congress fails lift the ceiling and reinforce the present value of US debt. 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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