2011 July | American Pendulum

Embry – Possible High Triple Digit Silver Before This is Over

Posted by admin Economy Thursday, July 21st, 2011

Silver over 500?

US Denies Losing Drone in Iran

Posted by admin World Wednesday, July 20th, 2011

An Iranian lawmaker said the country’s elite military group downed the U.S. spy plane as it was attempting to collect information about an underground uranium enrichment site.

Worries Grow About Libya Rebels’ Brutality

Posted by admin World Wednesday, July 20th, 2011

Rights groups are documenting cases of extrajudicial killing by the rebels, and journalists are banned from certain areas. Last week it was reported some rebels are beating civilians and looting in recently overrun towns.

Debt Ceiling Debate "Fraud"

Posted by admin Economy Wednesday, July 20th, 2011

David Swanson: Polling shows majority of Americans want to tax the rich and cut the military before making social program cuts

Speculation Drove Wheat Prices Up While Supply Expanded

Posted by admin Featured Media Wednesday, July 20th, 2011

Jayati Ghosh: Speculation, concentration of ownership and hoarding creates food price bubbles, with more to come

Fed Preparing For US Default Says Plosser

Posted by admin Economy Wednesday, July 20th, 2011

That giant whooshing, and humming, sound you hear are all the printers at the basement of Marriner Eccles getting refills and start the warm up process.

Congresswoman Marcy Kaptur: "Wall Street Greed and Endless Wars to Blame for Our Budget Crisis

Posted by admin Top Stories Wednesday, July 20th, 2011

Congresswoman Marcy Kaptur on the economic situation of the U.S. and what is to blame: Wall Street bankers and Wars.

Our Schools Look Like Our Government by David Swanson

Posted by admin National News/Opinion Wednesday, July 20th, 2011

According to the Wall Street Journal, our president has talked Microsoft into getting itself some huge market penetration by giving schools $15 million worth of video games. That ought to fix things, at least in the drone-pilot development area.

The Class Politics of the US Debt Ceiling Crisis

Posted by admin Top Stories Wednesday, July 20th, 2011

by Patrick Martin- The American ruling elite is engaged in the greatest robbery of working people in US history. In the bank bailout of 2008-2009, the financial aristocracy effectively transferred to the federal government its bad debts and losses from a decade of reckless speculation. Now the working class is being compelled to pay the price for Wall Street’s looting of the Treasury through the destruction of Social Security, Medicare, Medicaid and other social programs in education, the environment, transportation and housing.

The Great Global Debt Depression: It’s All Greek To Me

Posted by admin Top Stories Wednesday, July 20th, 2011

by Andrew Gavin Marshall – In the face of this massive global social, political, and economic crisis, the reaction of the world’s elite is to further centralize power structures on a global scale, to further remove power from the rest of humanity and move it upwards to a tiny elite. This not only creates massive disparity and inequality, but it establishes the conditions for an incredibly radicalized, restless, and angry world population.