Seven Reasons Why the Economy Can't Recover (tags)
As the recession grinds on, politicians in most industrial countries have an incentive to make exaggerated claims about the supposed coming economic recovery. Some say the recession is over. Obama is in the group that claims we're on "the road to recovery,” while other nations can only spot recovery "on the horizon.” Below are seven important social phenomena that point to a more realistic economic and political outlook. 1) Central Banks are Dumbfounded. The usual tricks that U.S. and European central banks use to avoid recessions are long-exhausted. Interest rates cannot get any lower. And because cheap money wasn't working, the printing press was turned up a notch, into what the U.S. federal reserve calls quantitative easing -- injecting hundreds of billions of dollars into the world economy, escalating an emerging trade war.
Conning Congress for Bad Intentions (tags)
Is was reported by the L.A. Times and many others, this actual Israeli plan, of linking bin with Hussein, was in place days before 911 went down, according to German Intel.
A Public Letter to America from King Johnny (tags)
Wow! This was one powerful showing of our present circumstances. Let us all speak for Obama to order US in to formally arrest those responsible for 911, including the war crimes of Afghanistan and Iraq, Georgia and Lebanon too will not be impossible with 24 hour cop-o-rate news coverage following our investigators around, to joyously receiving Justice to the culprits
V.P. Candidate Alexander: U.S. Economy is Beyond Recession (tags)
Socialist Vice Presidential Candidate Stewart A. Alexander says the measures that are being taken by the Fed, in the midst of this growing economic crisis is an indication that the U.S. economy has now passed the stage of a recession and is now in the early stage of a depression. “It will take more than printing truck loads money and bailing out the capitalists to prevent the U.S. and global economy from slipping into a deeper depression.”
The U.S. Economy on FIRE (tags)
The current U.S. economic crisis didn't start a few years ago when banks and financial institutions started selling "subprime" real estate loans to high-risk borrowers and then repackaging them as "mortgage-backed securities." It began in the early 1970's as a result of a long-term plan by America's major corporations and business leaders to drive down workers' wages and extract more surplus value — and the workers' response, which was to take on more debt. Any real solution that benefits working people cannot be instituted until the power of the corporate rich over the political system is broken.
U.S. Economy doing well? Think again. (tags)
Hold on to your shorts and wallets!
Making Sense of Barack Obama, What He Says and the American Dilemma (tags)
I need to preface this commentary and say that I have been a member of the Republican Party since the Eisenhower administration of the 1950's.
Let's not waste time cleaning up for the greedy.
ALERTA! CALL FOR ACTION AGAINST ARMED KKK MEMBERS HUNTING MEXICANS AT BORDER! (tags)
MINUTEMEN are patrolling AZ border, armed with various weapons, and have already "captured" as much as 141 people. WE MUST NOT BE SILENT DURING THIS! ORGANIZE NOW!
US reached debt limit, unemployment rampant (tags)
US national debt nears $6.4 TRILLION limit, so the US Treasury Dept. asks for higher debt ceiling for the Fed Govt; U.S. Economy in Worst Hiring Slump in 20 Years...
They Call it Asymmetrical Warfare (tags)
The heavy handed tactics witnessed in Los Angeles are part of an escalating trend of militarizing police, and using more force against domestic populations. Links to an indepth report on same.