Senile Economics: Bubble Ontology and the Pull of Gravity (tags)
The entire banking system is closing in on folding, which is why it so desperately needs new inflationary liquidity to keep afloat. The Great Reset is our owners’ authoritarian attempt to respond to this systemic threat by taking control of the collateral (our lives).
Fuel Bandits Stealing Fuels wiyj Stolen Credit Card Numbers Reselling on Black Market (tags)
Criminals with access to stolen data cards are taking large amounts of gasoline into yanks on picku[ trucks and then reselling the black market fuel off site according to sources in Tallahassee
"Who is saving Whom?" shows what remains hidden. A tremendous redistribution from the bottom to the top.. Rescuing is taking place, for the 99% however there is no sign of a rescue.
markets
Does the Richness of the Few Benefit Us All? (tags)
Zygmunt Bauman, born in 1925, is a Polish sociologist. Since 1971, he has resided in England after being driven out of Poland by an anti-semitic campaign, engineered by the Communist government he had supported.
Public Banking Avoids Today's Debacle (tags)
banking
Geekout Bookmarks 9/1/2013 (tags)
This is an irregular experimental feature to gather the links which I've posted to facebook and twitter over the past few days into a short digest. Most of the links are mainstream. I'll try to do better next time. Enjoy.
Penny Pritzker: Obama's Likely Commerce Secretary Choice (tags)
class war
Targeting Jeremy Hammond (tags)
tyranny
And The Workers Suffered (tags)
Politics has become so much a show about the candidates. We love a good show, after all the film industry as we know it and Hollywood were born right here in the good old USA. I'm a huge movie person, and the things that remove us from our everyday struggles for a small time, and don't leave us with life destroying addictions and/ or blow apart our bonds with the people we are closest to, are good things. After all, the people that actually do the work that build the wealth and corporations into what they are deserve it.
JPMorgan Chase on Capitol Hil (tags)
grand theft
To give a credit to a customer, a bank doesn't need to take the savings of another cutomer from its vaults. It creates the money out of nothing. In a countermove, the bank must deposit money with the central bank. There is a debate whether the creation of money can be left to the banks.
Wall Street Excess and Main Street Distress: the Apple Connection (tags)
Apple’s march to market supremacy has been accomplished at tremendous cost to both American and Chinese workers
Forecasting Economic Decline (tags)
class war
The New Normal: Economic Weakness and Decline (tags)
class war
Responsible New York Banking (tags)
banking
Supercommittee Strikes Out (tags)
debt crisis
BTL:Environmental Opponents Take Credit for Obama Administration's Delaying Keystone XL Ta (tags)
Interview with Susan Casey Lefkowitz, director of the Natural Resources Defense Council’s international program, conducted by Scott Harris
Bank Transfer Day, November 5th – Prepare Now to Move Your Money (tags)
When you keep your money in a local financial institution, that money in turn is reinvested in local businesses, which is important for building a stable economy and encouraging local growth. Put your money in the big Wall Street banks however, and they will use your deposits to make risky investments, gambling at the expense of the economy as a whole.
Six Proposals for Helping the 99% (tags)
Solidarity, social justice and sharing open doors while tax cuts for the super-rich only lead to exploding inequality. double standards and cynicism. Access could replace excess. The empire could be superseded by the republic.
economy
Occupy Demands And Civil Disobedience Guidelines (tags)
Demand one: Restoration of the living wage.
Imploding Bubble Economies (tags)
economy
Hard Times Getting Harder (tags)
economy
Why Not Start by Unionizing the Major Banks? (tags)
Here's how to make Wall Street pay - organize bank workers.
America's Cratering Economy (tags)
economy
Public Banking: An Idea Whose Time Has Come (tags)
public banking
S & P Downgrade Targets Entitlements (tags)
serfdom
Antitrust Settlement: Visa, MasterCard Payoff for Anti-WikiLeaks Moves? (tags)
"While the and terms of the “settlement” certainly suggest Visa and MasterCard are on the receiving end of some very nice benefits for helping the Obama Administration with its efforts to censor WikiLeaks, this is hardly the first time the administration has made shilling for the companies a matter of public policy. Indeed a February cable from the US Embassy in Moscowshowed that the State Department conspired to lobby the Russian Duma (parliament) on behalf of credit card companies, fighting a draft law that would create a new national credit card payment system organized through Russia’s central bank, on the grounds that it would make Visa’s Russia operations unprofitable. A redacted commenter in the cable says the Russian government “assumes” that both Visa and MasterCard routinely spy on their customers on behalf of the US government, and that the attempt to make all payment processing in Russia a domestic venture was an attempt at countering this."
More on Obama's Capitulation and Betrayal (tags)
capitulating to Republicans
Obama Capitulates to Republicans (tags)
Obama betrayal
Destructive Neoliberal Austerity (tags)
austerity, not stimulus coming
Ruling on Behalf of Wall Street's "Super Rich": The Financial End Time has Arrived (tags)
"Alas, the Obama administration has backed the Geithner-Bernanke policy that “the economy” cannot recover without saving the debt overhead. The reality is that it is the debt overhead that is destroying the economy. So we are dealing with the irreconcilable fact that the Obama position threatens to lower living standards from 10% to 20% over the coming few years – making the United States look more like Greece, Ireland and Latvia than what was promised in the last presidential election. Something has to give politically if the economy is to change course. More to the point, what has to give is favoritism for Wall Street at the expense of the economy at large. What has made the U.S. economy uncompetitive is primarily the degree to which debt service has been built into the cost of living and doing business. Post-classical “junk economics” treats interest and fees as payment for the “service” for providing credit. But interest (like economic rent and monopoly price extraction) is a transfer payment to bankers with the privilege of credit creation. The beneficiaries of providing tax favoritism for debt are the super-rich at the top of the economic pyramid – the 2% whom Mr. Obama’s tax giveaway will benefit by over $700 billion. If the present direction of tax “reform” is not reversed, Mr. Obama will shed crocodile tears for the middle class as he sponsors the Deficit Reduction Commission’s program of cutting back Social Security and revenue sharing to save states and cities from defaulting on their pensions. One third of U.S. real estate already is reported to have sunk into negative equity, squeezing state and local tax collection, forcing a choice to be made between bankruptcy, debt default, or shifting the losses onto the shoulders of labor, off those of the wealthy creditor layer of the economy responsible for loading it down with debt."
Systemic Washington-Sanctioned Fraud (tags)
massive fraud
Putting kids through college (tags)
A report by TD Economics showed that in 2009, the cost of a four-year undergraduate degree was more than $80,000 for students living away from home. Even for parents who have diligently saved for their children's education, it can be very tough to save enough for more than one child. Lawrence Engel, vice-president, personal lending, TD Canada Trust has these tips for parents:
A Financial Boom Despite the Crisis (tags)
For the banks, deficit state budgets become important clients. They compensate the private demand for credit. The financial boom is completely based on support measures of state organs. An economic upswing is not in sight.
Interview with Athens, Greece daily newspaper, Avgi (tags)
"Tens of thousands of public employees have been fired in NY and California. This compromises the ability of the US to compete in the long-term."
Governor Candidate Alexander: Meg Whitman’s Tax Plan Puts Wall Street First (tags)
Presently, California has a $22 billion budget deficit and Alexander says Whitman’s fiscal road map will rob the state of needed revenues and would result in cuts to essential state programs and services such as education, health care, public safety, transportation and infrastructure. “Voters need to understand that Whitman’s plan will only benefit the wealthy and super rich; it’s a plan that will offer little or no benefits for working people.”
Governor Candidate Alexander: Whitman’s Tax Plan will Doom California Budget (tags)
Presently, California has a $22 billion budget deficit and Alexander says Whitman’s fiscal road map will rob the state of needed revenues and would result in cuts to essential state programs and services such as education, health care, public safety, transportation and infrastructure. “Voters need to understand that Whitman’s plan will only benefit the wealthy and super rich; it’s a plan that will offer little or no benefits to working people.”
What Real Financial Reform Looks Like (tags)
Washington financial reform assures business as usual
The Five Dirtiest Businesses in Orange County (tags)
Some Orange County Customers are losing money, funds and worse at some of the OC businesses.
Hey, Landlord, Show Me Your Credit Report (tags)
Given the current financial crisis, it's time to revise Civil Code § 1950.6 to allow tenants to get landlords' credit reports. The law should require reciprocity.
The "Houdini Recovery" under IMF-Type Austerity (tags)
the recovery is the big lie
Stealth Action Against the Four Biggest Banks (tags)
--Fed Up Bank Customers "Put Some Teeth" into Movement to take back the power of the ordinary citizen to affect US economic structure-- Join the stealth action AND/OR move your money out of a big bank and into a credit union/local bank today-- If you've done that already, we want to hear from you...
Leads to AIPAC and their headquarters in Tel Aviv at MOSSAD.
Cal Poly students protest credit card fees (tags)
Thursday, February 25, 2010 POMONA - A rally of about a hundred students and their supporters demanded an end to a 2.9% fee charged to them on all on-campus credit card transactions. In the quad of Cal Poly Pomona, students gave speeches and cheered as student leaders denounced the fee as another example of "decisions being made about us without us."
Selling Out America to Wall Street (tags)
pillaging American wealth
Witness to Police Misconduct Speaks to ACLU (tags)
Chris Carlino spoke at the annual meeting of the San Diego chapter of the American Civil Liberties Union (ACLU) February 18 and relived her experience being pepper-sprayed by an abusive sheriff's deputy at a fundraiser for Congressional candidate Francine Busby eight months earlier. Her attorney, Mike Marrinan, and Privacy Rights Clearinghouse director Beth Givens also spoke at the meeting, and San Diego ACLU staff attorney David Blair-Loy laid out the group's local legal agenda.
Crises Have Disproven Mainstream Neo-Classical Economics (tags)
"According to Tax Commissioner Cory Fong: North Dakota has been able to weather the economic crisis.
The Recession Is Over, the Depression Just Beginning (tags)
America's economy is dire and worsening
Tenants, Thugs and CDOs (tags)
A local tale of unmitigated greed and the criminal enterprise of one family to corner the residential real estate market in San Francisco led to the shady world of collateralized debt obligations and derivatives.
The Dominance of the Financial Sector is a Mortal Danger (tags)
"This huge wealth transfer from the `real' economy to the world of finance has also created a vicious cycle of credit dependency.."
What Obama Isn't Telling American Workers (tags)
A lot is happening in the tumultuous realm of global economics. The “Great Recession” has caused tectonic shifts internationally, with outcomes that will dramatically change the lives of millions of people in the U.S. and beyond. And while Obama is acknowledging this fact with repeated references to “a new world order,” he isn’t explaining how this adversely affects working-class Americans.
The Crisis of Speculative Capitalism (tags)
The bubble bursts when debtors cannot pay and a bankruptcy crisis develops at the end.. The illusion of the stock exchange as a roulette with guaranteed permanent profits burst with the New Economy bubble..Only the worldwide regulation of the financial markets can avert their collapse.
Self-Abandonment of the System (tags)
The banks are seemingly on Victory Street and taxpayers face bankruptcy. Bailing out banks by printing money is a dubious recovery. Paulson, Bernanke, Summers and Geithner are the architects of a policy of easy money. The money given to banks does not reach the economy.
The Return of the State (tags)
The state is welcome again in this plight. The brazenness with which those who caused the crisis now demand state subsidies to bailout the financial system is just as breathtaking as the state readiness to fulfill this demand.
"Crises belong to capitalism as the cyclone belongs to the weather.. A social division went along with the neoliberal turn. The welfare state mutated to a repressive crisis management of a growing mass poverty..Greenspan's dollar glut kindled a global deficit economy.."
New People's Rebellion/Revolution: Refuse to Pay your Credit Card Bills!!! (tags)
Hell you can't arrest 10 or 20 million or more people for not paying their monthly bills! All you can really do is to "Negotiate" with them! .............................................................................
California Budget Crisis (tags)
A petition to Governor Schwarzenegger and State Legislature regarding the California budget crisis
REFUSE TO PAY YOUR CREDIT CARD BILL??? (tags)
The banks have had all the rights and all the "Bailouts" up to this point - now its time for the American public to clearly and unmistakably demand their rights!!!
the Deeper Origins of the Economic Crisis (tags)
For all the horror the global economic crisis has caused for so many people, one progressive consequence has emerged: many of these people are becoming politically conscious — searching for information to better understand their political and economic system. They want to know how things got the way they did and what can be done about it. Unfortunately, much of the resulting analysis has focused too little on actual causes, and too much on abstract financial details and other consequences of deeper economic problems. Therefore, the typical explanation of the economic crisis goes as follows: depression-era financial regulations were tossed aside, and banks were allowed to merge into new institutions that then invented ways to transform debts into assets, which were gambled away on the stock exchange to the tunes of trillions of dollars. All of which is true. What’s missing, however, is why.
Ending Today's Economic Crisis Simply and Easily, in America and Globally (tags)
The solution is simpler than imagined.
Let's Really Attack our Economic Problems (tags)
Let’s show the trickle down theory the door. If a goodly majority ever faces economic reality, we could fashion a better world. It is however the wealthy that will have to sacrifice.
It is not a conjunctural crisis (tags)
"instinct is the hereditary knowledge of a specific program of life"
The crisis calls for system alternatives and redistribution from top to bottom. Will the financial crisis encourage the transition to a new social order? A certain mix of good functioning markets and a strong welfare state leads to the best results.
"Low-Wage Capitalism" Author Speaks in San Diego (tags)
Fred Goldstein, contributing editor of the Workers' World newspaper and author of the new book "Low-Wage Capitalism," spoke at the Malcolm X Library April 18 and described the current economic collapse as a classic "crisis of overproduction" in the Marxist sense. Though Wall Street greed and the bursting of the housing bubble played a part, he said, the real cause was the capitalist class's success in driving working people's wages down, not only in the U.S. but worldwide, to the point where workers can no longer afford to consume the products they produce. He called for a mass progressive movement to make explicit economic demands, especially jobs.
Obama's New World Order (tags)
Obama's imperial agenda
U.S. Socialists: Obamanomics offers little hope for working people (tags)
Considering the track record of the government bailouts to save the “free market,” socialists believe an additional $2 trillion will not ease up credit markets and will do little to ease the on-going national economic crisis. Congress has presently invested more than $2 trillion since February 2008 to free up the credit markets; however, the credit markets remain as frozen as Antarctica.
Fuck The Millions, Claw Back the A.I.G. Billions and Arrest Everyone Involved! (tags)
The Obama Administraition and Congress must Outlaw the Credit Default Swaps
Systemic Failure: Capitalism "Lays an Egg" (tags)
deepening economic crisis
Barack Obama Pirate Captain of Derivative TARP TANIC and Nuclear Iran (tags)
The more things change, the more they stay the same.
Facing the Economic Crisis (tags)
Stanley Aronowitz teaches at the City University of New York and is the author of Left Turn: Forging a New Political Future (2006). More important articles and videos are available at www.socialistproject.ca.
Banks Injure Economic Stimulus Plan by Jacking up Credit Card Interest (tags)
Could banks jacking up credit card interest during a horrendous recession—delay U.S. economic recovery and destroy the expected benefits of the Economic Stimulus Plan?
The state wants to save the banks - why?
Back from the Wilderness: Joseph Stiglitz (tags)
Economy theory has long explained why unhindered markets do not correct themselves, why regulation was necessary and why the government had an important role to play int he economy. Many who worked for the financial markets forced a kind of market fundamentalism.
Marx and the credit crunch (tags)
"Companies were not afraid to buy the hands that fed them. A symbiotic relation exists between companies and the state. Companies can buy politicians to operate in a legal jungle."
Global credit crisis: support the London declaration (tags)
The recent international conference on Responsible Credit in London has made a declaration calling on governments and banks to take action to protect vulnerable people during the economic crisis.
II-The international Crisis WS Report, Curitiba, Pr, Br (tags)
Watch it now at web tv at http://www.aenoticias.pr.gov.br/tv-aovivo.php
Bank of America Forces Workers to Suffer (tags)
Bank of America, founded in California, has pressured Republic Windows to withhold paychecks from workers, AFTER gettinga 45 bil bailout from our taxes.
The Global Economic Crisis - Bad and Worsening (tags)
the crisis is deepening
Obama's Economic Dream Team? (tags)
indeed for Wall Street bankers
Financial Crisis: Bending and Breaking (tags)
The governments still strike the pose of successful crisis management. The points are set for a state-sanctioned survival of neoliberlaism through bending and breaking, Instead of raising mass income, the state finances capital investments to liven up the domestic economy.
Lurching Toward Gomorrah: More Signs of An Unstoppable Economic Meltdown (tags)
a deepening economic crisis
Worse Than the Great Depression? (tags)
a distinct possibility
More from the Front Lines of the Financial Crisis (tags)
The worst is yet to come.
Public Enemy Number One (tags)
Fed- engineered crisis.
Sickened by The Federal State of America Sickened by The Federal State of American Mass Media In this "Economic Crisis" I find it amazing that the simple truth is so "elusive": Truth is: People over-used credit on debt equity. - Now; with over-valued US real estate dropping like a bomb, this debt equity that has been "commercialized" on paper is worthless.
Growing financial crisis.
Past sins are coming home to roost.
Lee Sustar explains that the mayhem in the markets this week is symptomatic of a deeper crisis--and the leaders of the most powerful governments aren't sure what to do.
PANIC DECLARED Empty store shelves, gas pumps, ATMs ahead. (tags)
Who am I to declare a panic? Don't worry about that yet; just stock up on a little cash and canned goods. When everything the feds do JUST MAKES THINGS WORSE -- we are in a panic. Not just grandpa's Depression, but a good old-fashioned running-scared panic when the shelves go bare ...
Congress is NOT listening - No Bailouts at all ! (tags)
How many times and how many of us have to repeat for Congress to hear [not that they listen apparently ] "NO BAILOUTS, FOR ANYONE please !!! " Let everyone learn and pay their OWN bills and not gamble with our taxes.
The government-business looting of America.
Dollar is over, says Carlos Lessa (tags)
To Lessa, "dollar is over" and it’s necessary that a new "Bretton Woods" establishes new parameters to global economy.
Foreign countries will not finance US wars and US consumption for ever. The US must accept the new reality that countries want to diversity, not accumulate dollars. What becomes of a country that refuses systemic criticism and sets missions and agendas above facts and realities?
The Credit Crisis may reflect concern with likely growing trade union power. (tags)
The credit crisis may reflect a likely increase in the power of the trade union movement as a consequence of decisions made at the UN.
Bail-Out, Economic Democracy and the Socialist Path (tags)
David Schweickart, political philosopher, discusses the financial crisis, what it exposes about capitalism, how it can set the stage for economic democracy, and open the socialist path.
The Fed, AIG, Congress, Third Party Candidates and the Debt (tags)
The Fed,” William Greider said, “decides who shall prosper and who shall fail.” American International Group (AIG), Fannie Mae, Freddie Mac and Bear Stearns, all private entities, will be bailed out by the taxpayers. Third Party candidates want an audit and investigation of “The Fed,” an unelected clique. “The Fed,” and the Treasury Dept., are currently submitting a Mother of All Bailout schemes to the Congress. It may cost the public $1 trillion!
Reviewing Danny Schechter's "Plunder" (tags)
A masterful account of the subcrime crisis.
Wall St's "Melt Down" is Ronald Reagan's "Legacy" on a Silver Platter! (tags)
The Scary Ghost of Ronnie Reagan: The Dow fell almost 450 points and the Nasdaq fell nearly 5 percent in its worst day since the aftermath of the September 11 attacks in 2001 as rattled investors worried about who could be the next victim of the global credit crisis.
Bankruptcies Prohibited (tags)
Capitalism is a system based on debts and credit. To function, it needs trust, trust that banks will always meet their obligations. Fannie and Freddie could not do this any more. Alan Greenspan promoted market forces after extremely overrating them.
William Greider Raps Predatory Usury Schemes (tags)
How did the country get into this unholy financial mess? Think usury! Acclaimed author William Greider points the finger at banks, and people of great wealth, “taking advantage of poor people by lending them money on terms that are sure to fail.” He blames others, too, like “The Fed,” under the reign of Alan Greenspan, the U.S. Congress, and Wall Street. Mr. Greider charges that these parties worked to “castrate” the watchdogs.
MGM, Dubai Fall Behind on $3.5 Billion Loan for Las Vegas Plan (tags)
July 29 (Bloomberg) -- MGM Mirage and Dubai World are late in raising as much as $3.5 billion for their $11.2 billion CityCenter project in Las Vegas because banks saddled with debt to casinos and hotels are wary of making new loans.
PGMA US VISIT, CREDIT GRABBING AND A HIGH POINT OF MENDICACY OF A US PUPPET (tags)
Money for the Filipino Veterans, Not a Penny for the war in Iraq! Money for People’s Needs, Not for the War! The Alliance-Philippines (AJLPP) today expresses outrage over the passing of the more than $ 628 B budget to fund the Iraq –Afghanistan war yesterday, June 26 in the US Congress while that the Filipino Veterans Equity bill that was languishing in the US congress for more than 18 years was not even discussed.
Global Economic Meltdown (tags)
Financial Instability is Leading to an Economic Catastrophe
Workers Pay for Their own Impoverishment (tags)
A whole series of factors are combining to undermine the financial position of banks. None of this happened by chance. It is only to be expected that brokers should seize every opportunity to line their pockets. They use innovations to kid themselves they can abolish risk.
The Great Plastic Meltdown (tags)
The real estate crisis turned out more serious than the bank's risk divisions estimated. The prices for new homes fell twelve percent in December 2007. The assets of private households shriveled two trillion dollars within a year.
Oh, That Trillion Dollar Financial Bubble, It’s Leaking! (tags)
It’s here! Author Charles R. Morris calls it: “The greatest credit bubble in history!” He insists that the “writedowns and defaults” of credit devices will “come out about $1 trillion.” Problem: President George W. Bush, Jr. is in denial about the crisis. Like that amiable dunce, President Ronald Reagan, he contributed to this horrible mess by turning the country over to the Vulture Capitalists and also by launching the Iraq War with its price tag of $3 trillion!
The Crisis of Speculative Capitalism (tags)
Since the end of July 2007, the world economy was shocked by a new severe crisis of the financial markets. The courage to regulate the financial markets to prevent a future uncoupling from the productive economy is still obviously absent. The hour of truth will inevitably come.
US Crisis Sends Europe's Housing Market into Free Fall (tags)
Investor George Soros sees the worst economic crisis since the Second World War as the aftermath of heavy debts and the credit crunch. Speculative greed for profits and contempt for whistle-blowers led to the crisis. Will there be system correction or only cosmetics?
Arroyo's bankrupt and deceptive economic policy (tags)
Gloria M. Arroyo, the fake president, keeps on babbling that her regime is propelling the Philippines to become a "first world country". She is obviously lying.
Interview with Kurt Richebacher (tags)
"The dangers that loom on the currency front are immense. The US trade deficit and the accumulated foreign indebtedness have reached a scale that defies any possible action by central banks." Dr. Richebacher is a former economist of the Dresden Bank.
Morgan Stanley Issues Full US Recession Alert (tags)
Morgan Stanley has issued a full recession alert for the US economy, warning of a sharp slowdown in business investments and a perfect storm for consumers as the housing slump spreads. Under the conservative definition, man is the servant of money. Long live alternative economics!
A Generalized Meltdown of Financial Institutions (tags)
By Mike Whitney 11/24/07 "ICH" -- - Reality has finally caught up to the stock market. The American consumer is underwater, the banks are buried in dept, and the housing market is in terminal distress. The Dow is now below its 200-Day Moving Average -- the first big "sell" signal. Anything below 12,500 could trigger program-trading and crash the market. The increased volatility suggests that we are watching a "real time" meltdown.
Imperial wars and genocide, Petrodollar Recycling System and meltdown of financial world (tags)
Imperial wars, crimes and genocide, Petrodollar Recycling System and meltdown of financial world order. Articles, analysis and video documentary
Real Estate Crisis in the US (tags)
Credit failures in the real estate business threaten the whole payment system between banks, private businesses and households handled through short-term credits..The US real estate crisis affects other economic sectors and countries and cal also lead to a shift in class relations.
Billions Dissolve in Thin Air (tags)
While the political class practices faith healing, all the participants know the end is coming when more speculative bubbles burst. The popular dogma that financial markets and the world economy are more efficient when deregulated and liberalized is over.
Beware of Falling Bankers! (tags)
Like the car, our sacred cow that is not discussed, speculation and prosperity based on credit are taboo subjects. The system is corrupt and its answers wrong. Will we mend our own pockets as China closes its wallet? Critical thinking, culture shock, alternative economic and Jesus' parables can be new beginnings.
The Coupon Clippers Get A History Lesson From One Of Their Own (tags)
Bourgeois theoreticians take measures to assure their class that the present crisis will pass. "Do not panic" is the message. Good times will return and the robbery can go on. Time for a history lesson.
Market Efficiency Hokum (tags)
Debunking the myth that free markets work best.
MINUTEMEN TAKING CREDIT FOR ARELLANO'S ARREST! (tags)
Stock Market Meltdown - First Signs of Global Economic Rout
Where do the moneylenders get their money? (tags)
Accepting that labor creates all wealth alone will not open the road to our emancipation. Understanding how it creates it is paramount.
De-industrialization reduces the long-term wealth-formation of broad sectors of the population. An extremely high indebtedness of private households also contributes to the disastrous total deficit of the US.
A LAWFUL MEANS OF BALANCING THE BUDGET (tags)
A Proposal that Would Require the Following Amendment to the Federal Constitution:
OLd Left Radicalism on The Money Issue (tags)
During the 'teens, twenties and 'thirties of the past century, radical political formations in America called for the nationalization of the Federal Reserve System and of Credit.
RED ALERT, Credit Card Thievery by Bank of America due to MBNA Merger, Currency Conversion (tags)
Bank of America is stealing money from their newly acquired MBNA associated credit card holders. Most likely in currency conversion. US Dollar undervalued by bank.
IMC-Binghamton, Not L.A. Times, Broke Story on DoD Media Scandal (tags)
The breaking story about the U.S. military’s planting of prepackaged stories in foreign media – a “scoop” attributed to the L.A.. Times – has overlooked one critical factor: the Independent Media Center of Greater Binghamton, and not the L.A. Times, was the first media outlet across the globe to report on this propaganda-production endeavor, the brainchild of the U.S. Special Operations Command.
O.C. Woman Is Acquitted in Flashlight Theft (tags)
"I want to credit the jurors for taking the time to figure out what really happened with this case," Dang said after the verdict was announced. "They couldn't possibly think the case would go to trial over just a $100 flashlight. There had to be other issues."
Opportunity Knocks for the Green Party (tags)
President George W. Bush’s approval numbers are falling faster than the values of Ken Lay’s Enron stock. Nationwide, Bush is at 39 percent, while in Maryland, he has dipped further to 33 percent. As Bush’s goes, so goes the GOP. It’s time for the Green Party to make its move. The Democrats are part of the corrupt Two-Party duopoly. The country needs an alternative. In MD, Kevin Zeese is running as a Green Party candidate for the U.S. Senate.
Hacker Activist Raided by FBI re: ProtestWarrior.com, publishes Hacktivist zine (tags)
Chicago FBI agents raided and seized all electronic equipment in Jeremy Hammond's apartment in an investigation regarding the hacking of ProtestWarrior.com. HackThisSite.org has published a hacktivist magazine describing their experiences and what they've learned over the past year regarding online security culture.
Right Wing Hackers Target IndyMedia (tags)
Right-wing hackers 'g00ns.com' are taking credit for attacking several IndyMedia websites posting anti-left rhetoric. This explains how to fix the bugs, who is responsible for the attacks, and how to prevent this kind of action in the future. http://www.hackthissite.org/
How About A Treasure Hunt? We Got A Doozy (tags)
Lost ancient artifacts in eastern Europe, War hero fighting for his life finds location of buried ancient artifacts in 1944.Lost to the world till 2001.Location found.
Mankind's Unmentionable Secret (tags)
A family counselor told me that a family's 'real' problem is always the one that is unmentionable.
NESARA: peace information February 20th – April 9th, 2004 (tags)
“This morning from 7:30 am to 8 am, I shared the good news of NESARA on the ?Healthy Choices? show on KEST Radio 1450 AM in San Francisco”
Wes Clark answers our SOA concerns! (tags)
“We don't know how lucky we are here - A major candidate is willing to listen to what we say and, if he won't do EVERYTHING we want, he'll at least do what's possible - and even give us the credit where credit is due. Other candidates would not have even bothered to answer. Wes Clark has acknowledged our SOA concerns, and that's more than any of the major candidates have. Indeed, all the other major candidates are happy to ignore our concerns and leave the SOA as it is - without even reforming it.”
Quakers Whitewash Nixon (tags)
Critique of the Philadelphia Yearly Meeting (PYM) of the Religious Society of Friends' brief biography of Richard M. Nixon.
Do the bankers and the politicians need $87 billion for the war, or do they need the war (tags)
WAR, WAR, WAR The fundamental dynamic of the American economy is war. It requires a constant expenditure of Federal Re serve interest-bearing credit to survive, and the best way to accomplish this requirement is war. The taxpayers can always be inspired to support war. It may be said that the public loves war almost as much as the bankers and their office-holding puppets.
Working Assets: Progressive Crusaders or Corporate Crooks? (tags)
Working Assets, known for it's donations to many worthy progressive causes from the proceeds of its long distance and wireless services, is now offering a credit card. An MBNA credit card. What gives?
Give Lefty Money. See Lefty Whine. (tags)
You can't even give some people money without them complaining. Take these liberals for instance. Do you suppose they're crying because they're really upset, or is this just politics talking for them? I mean it's their money, right? Perhaps they should give the checks to charity? Perhaps they could endorse over their "ill gotten gains" to me? I'd be okay with that!
BTL:Tax Credits for Poor Families Held Hostage by GOP (tags)
Interview with Deborah Weinstein, executive director of the Coalition on Human Needs, conducted by Between the Lines' Melinda Tuhus
SAME
Media Parrots: Handout Photos Don't Tell the Whole Story (tags)
Manufacture News is a fact of life in America of the 21st Century. How often is the image you see one that was crafted to tug at your heart strings or provoke a specific emotional response? Media used as a tool of manipulation can take an honest image and use it to create a false message.
Bush tax cut leaves 16 million kids behind (tags)
CHICAGO – With eyes as big as headlights, Tatiana Graves is the center of the world to her doting family. It’s hard to imagine anyone leaving this chubby-cheeked cherub behind.
WEST BLUFFS: LAST CHANCE TO SAVE THE WEST BLUFFS (fwd (tags)
From the West Bluffs Conservancy -
Open Letter to Esquire Insurance (tags)
What business are you in? You seem to be more about image and status keeping. You know like LOSERS must do.
WHEN is the next big action? (tags)
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MOODY'S International Ratings Co. URGES TURKEY TO ACCEPT US TROOPS; Backs ISRAEL's Ratings (tags)
International ratings Co. MOODY's is URGING TURKEY TO ACCEPT US TROOPS QUICKLY, (so as not to lose US $$$) and at the same time re affirms ISRAEL'S ratings because of expected US $$$$$.
THE CORPORATION OF THE CITY OF THUNDER BAY (tags)
City Credit Card Corruption
Trouble Erupts In California Pollution Trading Market (tags)
News Analysis: Trouble Erupts In California Pollution Credit Market Just As President Proposes “Clear Skies” Market For Power Plants
STUDENTS PROTEST CITIGROUP’S ENVIRONMENTALLY AND SOCIALLY DESTRUCTIVE PROJECTS (tags)
CALL FOR BANKING LEADER TO END FUNDING OF ECOLOGICAL AND SOCIAL DESTRUCTION