by George Washington ZeroHedge.com 10/22/2011 The Government Created the Giant Banks As MIT economics professor and former IMF chief economist Simon Johnson points out, the official White House position is that: (1) The government created the mega-giants, and they are not the product of free market competition (2) The White House needs to “regulate... »
Archive for October 22nd, 2011
Occupy Liberty Street (OLS)! (The Federal Reserve Bank of New York)
by Gary North LewRockwell.com The phrase “Wall Street” is a representative of the financial community. The only sensible reason for occupying Wall Street is for symbolic purposes. You want to call the public’s attention to the problem. What is the problem? I contend that the people occupying Wall Street do not understand the problem.... »
If Europe Should Fail…(Read This One!)
by Clive Maund LewRockwell.com Action yesterday across markets was bearish and set alarm bells ringing – in particular the action in the PM sector, where the Head-and-Shoulders bottom pattern that we have observed in PM sector stock indices appears to be aborting. If it does abort it will probably mean that the broad market... »
Fukushima: Towards the Formation of a Radioactive Graveyard in the Pacific Ocean?
Japanese Officials & Experts Late Decision to Expand Testing Around Fukushima Daiichi by Lucas Whitefield Hixson Global Research October 21, 2011 No one wants to think about the massive aqueous deposition of radioactive materials into the Pacific Ocean, that much is now clear. By September estimates of released contamination had risen to over 3,500... »
Corporatism Is Not Capitalism: 7 Things About The Monolithic Predator Corporations That Dominate Our Economy That Every American Should Know
EndOfTheAmericanDream.com Right now, there is a lot of talk about the evils of “capitalism”. But it is not really accurate to say that we live in a capitalist system. Rather, what we have in the United States today, and what most of the world is living under, is much more accurately described as “corporatism”.... »
Underemployed And Hating Life
EconomicCollapseBlog.com Today, millions of smart, hard working Americans are flipping burgers, waiting tables or working dead end retail jobs not because they want to, but because they have no other options. According to the U.S. Bureau of Labor Statistics, about 14 million Americans are currently unemployed and another 9.3 million Americans are currently “underemployed”.... »
10,000 at the Border: Turkish Troops Continue to Pour into Northern Iraq
Pro-Invasion Rally Held in Istanbul by Jason Ditz AntiWar.com The Turkish military has dispatched at least 10,000 additional troops to the border with Iraqi Kurdistan, and thousands of troops are already confirmed to have crossed into Iraq to hunt the Kurdistan Workers’ Party (PKK) rebels after yesterday’s killings of Turkish soldiers. The offensive is... »
The Military Roadmap. America’s “Next Libyas”: Iran, Nigeria, Venezuela, Syria, Yemen
Global Research October 21, 2011 Gaddafi death hasn’t stopped war in Libya – expert -“What we have been witnessing is a redistribution of spheres of influence, where the United States is the main player.” -The American economy is in need of inexpensive oil, so the U.S. government is even ready to wage wars, if... »
Withdrawal of US Troops From Iraq Highly Suspect…(GOOD Read!)
Think-tank designs for Iran leave only Israeli attack & coaxed provocation for total war on table. Tony Cartalucci, Contributing Writer Activist Post.com Friday, October 21, 2011 For ten months the Obama administration has presided over the “Arab Spring,” a geopolitical gambit years in the making, and executed simultaneously in multiple nations throughout the Middle... »