Joel S. Hirschhorn / American Pendulum — Consumer confidence is terrible; citizen confidence is worse: Only 11 percent of Americans have confidence in Congress. No surprise there is record-setting anti-incumbency anger rampant among Americans. But the sad truth is damned if you do and damned if you don’t vote for incumbents. The problem is that the reformers, populist outsiders, tea party candidates, surprise primary winners and others expecting to oust incumbents in the coming mid-term elections for members of Congress and state governors and other officials mostly suck. Why? They are nutty, ignorant, dishonest or racist. Continue reading ‘Beware Rich Political Saviors’ »
Other News of Interest
How Hundreds of Earth-like Planets Were Found: Dimitar Sasselov
Dimitar Sasselov Ted.com presentation on: Search for Earth-like planets that may, someday, help us answer centuries-old questions about the origin and existence of biological life elsewhere (and on Earth). How many such planets have they found alread
Octopus with venom that works in freezing temperatures discovered
Scientists have discovered four new species of octopus in Antarctica with venom that works at sub-zero temperatures.Declaration of Support for an Efficient Renewable Energy Future
By Dave Andrews, Godfrey Boyle, Gregor Czisch, Mark Delucchi, Mark Z. Jacobson, Nick Jenkins, Daniel Kammen, Roy Morrison, Andrew Smith, Candida Spillard / Policy Innovations --- The Gulf Oil Disaster is a clear expression of an unfolding global ecol
Chevron Versus Ecuadorian Rainforest Dwellers and A Filmmaker
By Rawan Jabaji / PBS.org --- In the documentary film “Crude,” director Joe Berlinger follows one of the largest and most controversial environmental lawsuits in the world, a David and Goliath story that pits 30,000 rainforest dwellers from t
The Taranis: Britains New Unmanned Combat Aircraft Of The Future
By Curtis M. Wong -- The UK Ministry of Defence's "combat aircraft of the future" -- a state-of-the-art jet capable of deploying weapons and bringing back intelligence without human guidance -- made its long-awaited debut at a ceremony Monday.
Help the Bees: Plant Flowers
By Richard Gray / Telegraph.co.uk --- Gardeners are being urged to plant more flowers that bloom during the summer and mow their lawns less often as new research is revealing that honey bees have to travel further to find food at this time of ye
South Pacific Eclipse
By NASA -- On Sunday, July 11th, the new Moon will pass directly in front of the sun, producing a total eclipse over the South Pacific. The path of totality stretches across more than a thousand miles of ocean, making landfall in the Cook Islands,
Solar Powered Plane Safely Completes Test Flight
By Simon Bradley in Payerne / Swiss Info --- The experimental solar-powered plane, known as Solar Impulse, landed safely at 9am on Thursday after completing its first night test flight, powered only by solar energy stored during the day. The organ
Freedom in the Grace of the World
By Chris Hedges: Once, in a bitter rain, I crested the peak of Mount Madison in August and was immediately thrown backward by howling winds whipping across the ridge and pelting hailstones. It was impossible to reach the summit. On a hike in the rem
BEE AND COLONY COLLAPSE
By Michael Rzeszutek / Operation Bee.com -- Without intervention, the mass disappearances of bee populations threaten human survival. Agriculturally, 35% of our food supply depends on bees. In other words, crop yields could plunge as much as 90%8. A
Overwhelmed by Oil and Toxic Pollutants: The Destruction of an Entire Coastline
By Felicity Arbuthnot: For the people of the Gulf and the region - watching some of the most toxic pollutants known to man, being sprayed to disperse one of the most toxic pollutants known to man, unleashed as a result of man's fallibility, in a near
CURIOSITY: NASA's Next Mars Rover
The mission will launch from Florida during the period Nov. 25 to Dec. 18, 2011. Curiosity will examine an area of Mars for modern or ancient habitable environments, including any that may have also been favorable for preserving clues about life and| “THE welfare of the people in particular has always been the alibi of tyrants, and it provides the further advantage of giving the servants of tyranny a good conscience” Albert Camus. |
TODAY'S NEWS AND COMMENTARY:
Beware Rich Political Saviors
SEC Wall Street Watchdog Officials Spend Majority Workday Surfing Pornography
SEC + Pornography: Workers Spent Hours on Porn Sites Instead of Stopping Fraud; Gov’t Report Finds Securities and Exchange Commission Employees Surfing Pornographic Websites at Work. April 22, 2010, ABC News. On a day when President Obama argued for more government regulation over the financial industry, a new government report reveals that some high-level regulators have spent more time looking at porn than policing Wall Street. The Securities and Exchange Commission is supposed to be the sheriff of the financial industry, looking for financial crimes like Bernard Madoff’s Ponzi scheme. But the new report, obtained by ABC News, says senior employees of the SEC spent hours on the commission’s computers looking at sites like naughty.com, skankwire, youporn, and others. The investigation, which was conducted by the SEC’s internal watchdog at the request of Sen. Chuck Grassley, R-Iowa, found 31 serious offenders over the past two and a half years. Seventeen of the offenders were senior SEC officers with salaries ranging from $100,000 to $222,000 per year.
Continue reading ‘SEC Wall Street Watchdog Officials Spend Majority Workday Surfing Pornography’ »
Max Keiser: Black Swans, Social Security, and Farting Camels of Tripoli
In the second half of the show, Max talks to Ned Naylor-Leyland of Cheviot Asset Management about the silver market.
Continue reading ‘Max Keiser: Black Swans, Social Security, and Farting Camels of Tripoli’ »
China’s Policy Checkmate
Michael Hudson’s Interview with Xulin Dong: U.S. and China Economics
By Michael Hudson / michael-hudson.com — Instead of rolling back bad mortgage debts and other debts to reflect the ability to pay, the Obama administration has bailed out the banks for their losses – leaving the debt overhead in place. This means that more and more income needs to be paid to creditors, leaving less available to be spent on goods and services. The result is a squeeze on living standards, which have not risen for the past thirty years or so. Continue reading ‘China’s Policy Checkmate’ »
Wikileaks, Resistance, Genuine Heroes, And Breaking The Goddamned Rules
By Arthur Silber / 28 July, 2010 - Powerofnarrative Blog — With regard to the particular role he seeks for Wikileaks and, relatedly, in connection with the mechanics of how that role can be made to function with astonishing effectiveness, Assange is nothing less than brilliant. This is a man who understands the system he’s up against, and he knows how to jam the gears of that system. Continue reading ‘Wikileaks, Resistance, Genuine Heroes, And Breaking The Goddamned Rules’ »
Congress Ratifies Obama Escalation of Afghanistan War
One day after WikiLeaks exposures of US war crimes
By Patrick Martin / wsws.org — 28 July 2010 — Little more than 24 hours after the release of 91,000 documents detailing US military atrocities in Afghanistan, the Democratic-controlled House of Representatives gave final approval to a funding bill to pay for the escalation of the war. By a margin of 308-114, well over the two-thirds majority required under an expedited procedure known as “suspension of the rules,” the House backed a $60 billion supplemental funding bill passed by the Senate last week. Continue reading ‘Congress Ratifies Obama Escalation of Afghanistan War’ »
China Calls Our Bluff
“The US is Insolvent and Faces Bankruptcy as a Pure Debtor Nation but [U.S.] Rating Agencies Still Give it High Rankings”
By Washington’s Blog — America’s biggest creditor – China – has called our bluff.
As the Financial Times notes, the head of China’s biggest credit rating agency has said America is insolvent and that U.S. credit ratings are a joke:
The head of China’s largest credit rating agency has slammed his western counterparts for causing the global financial crisis and said that as the world’s largest creditor nation China should have a bigger say in how governments and their debt are rated. Continue reading ‘China Calls Our Bluff’ »
A Danish Scientist Breaks the 9/11 Culture of Silence
Many don’t know about tower 7, it collapsed in 6.5 seconds. It’s routine to look for thermite after fire, FBI didn’t. World trade center collapse is masterpiece demolition.
By Dr. Ashraf Ezzat / Veterans Today — Neils Harrit has been hosted in a Danish TV interview to discuss his scientific theory of how WTC towers collapsed. On the interview he responded by affirming that the two airplanes- impacts did not cause the towers to collapse. And according to a newly published scientific article, researchers found Nano-Thermite explosive in the rubble of WTC collapsed buildings, that couldn’t have come from the planes. They believe large amounts of explosives were placed in the buildings in advance, Neil Harrits and eight other researchers conclude in this article that it was Nano-Thermite that caused these buildings to collapse. Continue reading ‘A Danish Scientist Breaks the 9/11 Culture of Silence’ »
Obama Maneuvers to Contain China
Is He Using the Pentagon to Assert Declining American Power in Asia?
By Robert Dreyfuss / The Nation — The United States has suddenly veered sharply in the direction of a military confrontation with China.
The Times also quoted a prominent Chinese foreign policy expert, Xu Liping, who said: “The U.S. feels like this is the time to play the political and military card since it’s very difficult for them to compete with China in the economic sphere.”
Ouch. And, true. With few cards to play in the economic area, given the startling economic rise of China, the military domain is one place where the United States still possesses huge—in fact, overwhelming—superiority. And, as time passes, it will be increasingly tempting for the United States to try to use its armed forces to put pressure on China.
US Treasury Running on Fumes
down to the last trillion in red ink
By Paul Craig Roberts / VDare.com — Americans can get no help out of Washington, but the US ambassador to the UN, Susan Rice, declared that Washington’s commitment to Israel’s security is “not negotiable.” Washington’s commitment to California and to the security of the rest of us is negotiable. War spending has run up the budget deficit, and the deficit precludes any help for Americans. With the US bankrupting itself in wars, America’s largest creditor, China, has taken issue with America’s credit rating. The head of China’s largest credit rating agency declared: “The US is insolvent and faces bankruptcy as a pure debtor nation.” Continue reading ‘US Treasury Running on Fumes’ »
The Year America Dissolved
A Futuristic Look at U.S.A. in Year 2017
By Paul Craig Roberts / Vdare — The Roman Empire lasted for centuries. The American one collapsed overnight. Rome’s corruption became the strength of her enemies, and the Western Empire was overrun. America’s collapse occurred when government ceased to represent the people and became the instrument of a private oligarchy. Decisions were made in behalf of short-term profits for the few at the expense of unmanageable liabilities for the many. Overwhelmed by liabilities, the government collapsed. Continue reading ‘The Year America Dissolved’ »
Did BP Accidently Tap Into the RIGEL Gas Field?
By Washington’s Blog — On July 23rd, Admiral Thad Allen said that the seep 3 kilometers from the leaking BP well was from the Rigel gas field:
David Dishneau: Admiral, this is David Dishneau from The Associated Press. I have a question regarding that seep that we’ve been trying to, that was identified within three kilometers… And I know that the Interior Department now is trying to assist with identifying that but the AP has developed a map that shows the two old wells within the radius that you described. And I wondered if I could show you this map and you could point out which of those you believe.
Admiral Allen: You caught me without my glasses. I think I can answer your question. I think we believe it might be attributed to what’s called the Rigel well, r-i-g-e-l.
Rigel is a huge deepwater gas field. FOR ENTIRE Article go to WASHINGTON’S BLOG.
Continue reading ‘Did BP Accidently Tap Into the RIGEL Gas Field?’ »
Dennis Kucinich and Ron Paul’s Resolution Aimed at U.S. Withdrawl From Pakistan
Hi everyone, Dennis here. This week we have two very important votes for the future of this country and the future of the world. The first deals with Pakistan – House Concurrent Resolution 301, and the second deals with supplemental funding which will provide another 33-billion dollars to keep the War in Afghanistan going. I would like to speak to you briefly about both of those votes. Continue reading ‘Dennis Kucinich and Ron Paul’s Resolution Aimed at U.S. Withdrawl From Pakistan’ »
Message for the Uniforms and Dark Suits
Question to police(British,American,Canadian and Australian in particular).How many of you, had a grandfather,who laid down his life in battle to protect his family and ordinary good people,from people like YOU ???
Continue reading ‘Message for the Uniforms and Dark Suits’ »
The Love Police vs. The Globalist Ian Goldin, Former VP World Bank
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Filmed By Charlie Veitch / The Love Police — 23rd July 2010 at Secret Garden Party 2010 in Cambridgeshire, United Kingdom. I was giving a speech at this festival and realised they’d invited a globalist as well. The Love Police go to investigate. As usual, the minions of the borg stand by their mainstream man. Continue reading ‘The Love Police vs. The Globalist Ian Goldin, Former VP World Bank’ » |
Police Release Rabbi Arrested For Inciting To Kill Non-Jews
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Photo by Olivier Fitoussi: Rabbi Yitzhak Shapira in Custody
Rabbi Yitzhak Shapira, head of the Od Yosef Hai Yeshiva, released from police custody hours after being arrested for encouraging the killing of non-Jews.By Chaim Levinson / Haaretz — Police released the head rabbi of a prominent yeshiva yesterday hours after arresting him for encouraging to kill non-Jews. Continue reading ‘Police Release Rabbi Arrested For Inciting To Kill Non-Jews’ » |
EPA Covering Up Effects of Dispersant in BP Oil Spill? – Democracy NOW!
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(Video – Part 1 and 2) With BP having poured nearly two million gallons of the dispersant known as Corexit into the Gulf of Mexico, many lawmakers and advocacy groups say the Obama administration is not being candid about the lethal effects of dispersants. We speak with Hugh Kaufman, a senior policy analyst at the EPA’s Office of Solid Waste and Emergency Response and a leading critic of the decision to use Corexit.” Published with written permission from democracynow.org. http://www.democracynow.org Provided to you under Democracy NOW! creative commons license. Credits for this video belongs to democracynow.org, an independent non-profit user funded news media, recognized and broadcast world wide. Continue reading ‘EPA Covering Up Effects of Dispersant in BP Oil Spill? – Democracy NOW!’ » |
Ellen Brown on Debt Money, Why Money is Collapsing and Why Central Banks Need Adult Supervision
Ellen Brown: “Our money is an illusion. Except for coins, which compose only one ten-thousandth of the money supply, all of our money today consists of debt to private banks. Banks always take back more money in principal and interest than they put into the money supply as principal, making the system basically a pyramid scheme. After 300 years, this scheme has spread around the world and has now reached its mathematical limits. The whole world has been captured in the debt trap of a private international banking monopoly.” Continue reading ‘Ellen Brown on Debt Money, Why Money is Collapsing and Why Central Banks Need Adult Supervision’ »
The Real Tea Party Begins Here!
Reclaiming our sovereignty with publicly-owned banks. Public banking has a long history in the United States despite being challenged by the private banking cartel at every turn. Here’s a brief history of the battle and a call to action.
US Boat to Join Gaza Flotilla
Two survivors of the raid on the Freedom Flotilla, author Iara Lee and retired colonel Ann Wright, have expressed their support for the US aid mission, named The Audacity of Hope. US professor Rashid Khalidi, who is supporting the initiative, commented that “Given the national-religious hierarchy which determines what the IDF can do to whom, the fact that the ship is American will make it harder to deal with it as the Mavi Marmara was dealt with.”
Speaking to the Israeli daily Haaretz, Khalidi suggested that if the name of the boat, after the 2006 bestseller penned by then-presidential candidate Barack Obama, was a problem for the US administration, ”it can simply insist publicly that Israel lift the siege.” Continue reading ‘US Boat to Join Gaza Flotilla’ »
More Infrastructure Failure While the Government Uses Taxpayer Money for Ill Gain
While Trillions go to Bank Bailouts, illegal wars, funding of Israeli war crimes, and other waste, fraud and abuse, our infrastructure is aging and failing and our people are becoming poorer
Afghan War Leaks Expose Costly, Deceitful March of Folly
by Ray McGovern — The brutality and fecklessness of the U.S.-led war in Afghanistan have been laid bare in an indisputable way just days before the House of Representatives is scheduled to vote on whether to throw $33.5 billion more into the Afghan quagmire, when that money is badly needed at home.
On Sunday, the Web site Wikileaks posted 75,000 reports written mostly by U.S. forces in Afghanistan during a six-year period from January 2004 to December 2009. The authenticity of the material – published under the title “Afghan War Diaries” – is not in doubt. Continue reading ‘Afghan War Leaks Expose Costly, Deceitful March of Folly’ »
The Death of Paper Money
Left: Federal Reserve chairman Ben Bernanke, himself a scholar of the Great Depression, has indicated he would consider extra stimulus for the economy.
As they prepare for holiday reading in Tuscany, City bankers are buying up rare copies of an obscure book on the mechanics of Weimar inflation published in 1974.
Ebay is offering a well-thumbed volume of “Dying of Money: Lessons of the Great German and American Inflations” at a starting bid of $699 (shipping free.. thanks a lot).
The crucial passage comes in Chapter 17 entitled “Velocity”. Each big inflation — whether the early 1920s in Germany, or the Korean and Vietnam wars in the US — starts with a passive expansion of the quantity money. This sits inert for a surprisingly long time. Asset prices may go up, but latent price inflation is disguised. The effect is much like lighter fuel on a camp fire before the match is struck.
“Corruption became rampant. People were stripped of their coat and shoes at knife-point on the street. The winners were those who — by luck or design — had borrowed heavily from banks to buy hard assets, or industrial conglomerates that had issued debentures. There was a great transfer of wealth from saver to debtor, though the Reichstag later passed a law linking old contracts to the gold price. Creditors clawed back something.” Continue reading ‘The Death of Paper Money’ »
US rules out military action against Venezuela
WASHINGTON (AFP) – The United States on Monday ruled out military action against Venezuela after Venezuelan President Hugo Chavez threatened to cut off oil supplies to the US if it backed a Colombian attack. Continue reading ‘US rules out military action against Venezuela’ »
Whitehouse Condemns Wikileaks for Releasing Afghan War Logs
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By Catalina Hanna —
Photo: Julian Assange of Wikileaks
Two of the leaks involve unreported NATO killings of Afghan civilians and new information that Pakistan spy agencies are aiding the Afghan insurgents. The U.S. is not only condemning Wikileaks but also Pakistan. There are 180 files that relate to the ISI spy agency supplying, arming, and training insurgents since 2004. There will be much more to come on this breaking story, as over 90,000 files were released. For sure, there will be much “blowback” one way or another as more war atrocities are exposed. But this may have negative consequences for Pakistan also. |
Until They are Awake They are a Threat to You
By Charlie Vietch / The Love Police — It’s not the psychopathic international banksters who pose a threat to us. In essence, they have no power. They are fat, gout-riddled, unfit and spiritually empty vessels pressing forward the agenda of some anti-human but albeit very testing alien code. We can handle them. We know where we stand. The battle-lines are drawn. Our most pressing enemy is not them. Our most pressing enemy is the hordes of droids who obey blindly. Until they are woken up, they are the foundations of the pyramid of control. Continue reading ‘Until They are Awake They are a Threat to You’ »
Mossad Chief Reportedly Visited Saudi Arabia For Talks on Iran
By Anshel Pfeffer / Haaretz.com — Account on WorldNetDaily follows series of recent reports on increasing secret cooperation between Israel and the Saudis, including defense coordination on matters related to possible military action. Mossad chief Meir Dagan visited Saudi Arabia recently, if unofficial reports published over the weekend on the WorldNetDaily website are accurate. The Internet news site attributed the story to Arab sources. Continue reading ‘Mossad Chief Reportedly Visited Saudi Arabia For Talks on Iran’ »
Gerald Celente: Build Up to War and the Sociopaths Running the U.S. and World
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“The Government are LOSERS at every level….”Gerald Celente on Dr. Bill Deagle Nutrimedical report 20 July 2010 / Talk on the Military Build up and what a World War will mean to the U.S. and the World. “Sociopaths run the U.S. and most of the World”. Continue reading ‘Gerald Celente: Build Up to War and the Sociopaths Running the U.S. and World’ » |
“New Eugenics and the Rise of the Global Scientific Dictatorship” – Andrew Gavin Marshall Interview
7/23/2010 – Gene interviews Andrew Gavin Marshall, Research Fellow at Global Research, regarding his July 2010 article New Eugenics and the Rise of the Global Scientific Dictatorship. Continue reading ‘“New Eugenics and the Rise of the Global Scientific Dictatorship” – Andrew Gavin Marshall Interview’ »
WHY THE U.S. NEED NOT FEAR A SOVEREIGN DEBT CRISIS:
UNLIKE GREECE, IT IS ACTUALLY SOVEREIGN
Ellen Brown / July 22nd, 2010 / Web of Debt Blog — Last week, a Chinese rating agency downgraded U.S. debt from triple A and number one globally, to “double A with a negative outlook” and only thirteenth worldwide. The downgrade renewed fears that the sovereign debt crisis that began in Greece will soon reach America. That is the concern, but the U.S. is distinguished from Greece in that its debt is denominated in its own currency, over which it has sovereign control. The government can simply print the money it needs, or borrow it from a central bank that prints it. We should not let deficit hawks and short sellers dissuade the government from pursuing that obvious expedient. Continue reading ‘WHY THE U.S. NEED NOT FEAR A SOVEREIGN DEBT CRISIS:’ »
Repubs Plot Israel-Iran Apocalypse and the Collapse of the US Economy
Jamal Abdi at HuffPo explains that almost a third of Republicans in the House have signed on to a resolution urging Israel to attack Iran.
By Juan Cole / www.juancole.com — The move is reminiscent of the 1998 letter the Project for a New American Century signatories sent to President Clinton, putting pressure on him to initiate war on Iraq. They did maneuver him into pulling out UN weapons inspectors and bombing Iraq. The US removal of the inspectors made the West blind as to the lack of Iraqi weapons programs, since their absence could no longer be certified. In turn, Iraq’s opaqueness as a result of the Clinton actions allowed the Bill Kristol crowd and the rest of the Israel, war industry and oil lobbies to propagandize America into the fruitless and ruinous Iraq War. Now they are repeating this pattern with regard to Iran. Continue reading ‘Repubs Plot Israel-Iran Apocalypse and the Collapse of the US Economy’ »
Cancer Rate in Fallujah Worse Than Hiroshima
The US military uses depleted uranium, also known as spent nuclear fuel, in armor-piercing shells and bullets because it is twice as dense as lead. Once these shells hit their target, however, as much as 40 percent of the uranium is released in the form of tiny particles in the area of the explosion. It can remain there for years, easily entering the human bloodstream, where it lodges itself in lymph glands and attacks the DNA produced in the sperm and eggs of affected adults, causing, in turn, serious birth defects in the next generation. Continue reading ‘Cancer Rate in Fallujah Worse Than Hiroshima’ »
N Korea Vows Physical Response to US
Press TV — Ri Tong-il (C), a spokesman for North Korean Foreign Minister Park Ui-chun talks to reporters on the sidelines of the 17th ASEAN Regional Forum in Hanoi, Vietnam on July 23, 2010.
North Korea has vowed a “physical response” the latest sanctions imposed by the United States and its joint military drill with South Korea. Continue reading ‘N Korea Vows Physical Response to US’ »
Don’t Let Congress Green-Light Attack on Iran
Nearly one third of the Republican Caucus in the House of Representatives has introduced a resolution giving Israel a green light to attack Iran. H.Res.1553 declares unwavering support for Israel to “use all means necessary,” to “eliminate nuclear threats” posed by Iran.
The game plan of these Members of Congress was spelled out by John Bolton in the Wall Street Journal just two weeks ago: “Having visible congressional support in place at the outset [of an attack] will reassure the Israeli government, which is legitimately concerned about Mr. Obama’s likely negative reaction to such an attack.” Continue reading ‘Don’t Let Congress Green-Light Attack on Iran’ »
Scientist Says Obama Administration Policy Contributed to Gulf Coast Spill
Rick Steiner, a former professor of Marine Conservation at the University of Alaska, told the World Socialist Web Site that lack of regulation was responsible for the Deepwater Horizon oil spill. He sharply criticized the response of the Obama administration, saying that its energy policy was identical to that of the Bush administration.
Continue reading ‘Scientist Says Obama Administration Policy Contributed to Gulf Coast Spill’ »
Who Killed The Gulf?
By J. Speer Williams / Rense.com — If there’s ever to be an honest final analysis of what killed the Gulf of Mexico, it will not be Mother Earth’s crude oil and gases. What did kill the Gulf? The man-made chemical dispersant, Corexit. Well then, WHO killed the Gulf? British Petroleum, of course; but, they were only the paid killers. The important parts of the article below tell us – WHO paid the killers to do the killing, and paid the cops to look the other way, and paid the courts to declare the murder to have been an unavoidable homicide. Continue reading ‘Who Killed The Gulf?’ »
Fairytale Economics
Spending into poverty legend. How the allure and trappings of consumption led the middle class into a modern form of debt servitude.
By My Budget 360 — We are at a major crossroads for the U.S. If action isn’t taken soon this massive inequality will dig deeper and the middle class will lose more and more people as the economy knocks people off the treadmill. If we follow the money, our government, Democrat or Republican is largely bought out by the Wall Street cause. Money is shifted to the least productive sector of finance at the expense of building real tangible assets that help the majority. The real fairytale going on today is believing that our government and Wall Street are looking out for the economic good of the entire country. Continue reading ‘Fairytale Economics’ »
Why Socialism? By Albert Einstein
By Albert Einstein — This essay was originally published in the first issue of Monthly Review (May 1949).
“For these reasons, we should be on our guard not to overestimate science and scientific methods when it is a question of human problems; and we should not assume that experts are the only ones who have a right to express themselves on questions affecting the organization of society.”
Is it advisable for one who is not an expert on economic and social issues to express views on the subject of socialism? I believe for a number of reasons that it is. Continue reading ‘Why Socialism? By Albert Einstein’ »
Will The Government’s Entry Into Small Dollar Lending Mean Bernanke Is About To Start Handing Out Cash To Everyone?
By Tyler Durden / Zerohedge.com — Deep in the bowels of Donk (DOdd-fraNK Financial abomination bill, whose 2315 pages nobody has read in their entirety), in Title XII: IMPROVING ACCESS TO MAINSTREAM FINANCIAL INSTITUTIONS, section 1205 is a provision titled “Low-cost alternatives to payday loans” in which the government outlines its plans for establishing what is essentially a payday loan advance business (and even odder, the title of Sec. 1205 in the Index references “payday” loans while the actual title of the section is “small dollar” loans – was mere “payday loans” too narrow a definition for the government and got changed in drafting, with the index remaining unchanged?) Continue reading ‘Will The Government’s Entry Into Small Dollar Lending Mean Bernanke Is About To Start Handing Out Cash To Everyone?’ »
Whatever Happens Israel Can Always Count On U.S. Evangelicals
Thousands of Christian activists descended on Washington this week in a show of strength by America’s pro-Israel Christians.
By Natasha Mozgovaya — Thousands of Christians from across the United States descended on Capitol Hill on Thursday in order to lobby Washington lawmakers on behalf of Israel. Organizers of the event, called Christians United for Israel, showed their strength by lobbying over 85 percent U.S. Congress offices.
Attendees of this year’s gathering are visibly different from those in the past: about one in five of the 5,000 participants was from a Hispanic Church. Continue reading ‘Whatever Happens Israel Can Always Count On U.S. Evangelicals’ »
The New Order Of Oz
By John Pilger —The Order of Mates celebrated beside Sydney Harbour the other day. This is a venerable masonry in Australian political life that unites the Labor Party with the rich elite known as the big end of town. They shake hands, not hug, though the Silver Bodgie now hugs. In his prime, the Silver Bodgie, aka Bob Hawke or Hawkie, wore suits that shone, wide-bottomed trousers and shirts with the buttons undone. A bodgie was a Australian version of the 1950s English Teddy Boy and Hawke’s thick grey-black coiffure added inches to his abbreviated stature. Continue reading ‘The New Order Of Oz’ »
Rising Tensions on the Korean Peninsula: The Sinking of the Cheonan, Reviewing the Evidence