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Thursday, December 25, 2008

IF "BILL O'REILLY" WOULD LISTEN TO VOICES LIKE "MIKE WHITNEY," HE WOULDN'T HAVE TO BELLY-ACHE ABOUT NOT KNOWING THAT THE MARKET WAS IN THE TOILET...

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Higher Wages or Bubblenomics:



What's it gonna be?



By Mike Whitney



A strong economy must be built on a solid foundation of steadily

rising wages. If wages don't keep pace with production, the only

way the economy can grow is through the expansion of debt,

which leads to disaster. Continue



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PEOPLE TO WATCH

Nuriel Roubini

For Dr. Doom, a Crash Worthy of His Warnings


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A New Wind Blowing



By Mary Pitt



The whole country is agog with the news of the Madoff

Ponzi scheme and the billions he scammed from big investors,

but nobody appears to realize that it is only the tip of

a huge iceberg. Continue



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JUDGMENT CALLS

Humbled By Our Ignorance

2008 was the year our high-flying economy fell to earth. What comes next?

By Robert J. Samuelson

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Hey Reagan Democrats Now Do You Get It?


By David Michael Green


The very people who had failed to regulate the folks causing

the Even Greater Depression of the early twenty-first

century now took $700 billion worth of taxpayer money

and handed it to those same financial ‘industry’ crooks,

without any requirements at all on what they could do

with the money. But when the blue collar auto industry

wanted just $15 billion to keep millions of middle class jobs

afloat, the Republicans wouldn’t give it to them. Continue



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Wall Street Swindler Strikes Powerful Blows for Social Justice



By James Petras



In a few days, one individual, Bernard Madoff, has

struck a bigger blow against global financial capital,

Wall Street and the US Zionist Lobby/Israel-First

Agenda than the entire US and European left combined

over the past half century! Continue



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Justice For Mr. Madoff?

All Right, But Just This Once."

By Dave Parts

The victims go after other victims? The perpetrator sits
in his town home, living as a king in exile, and the
investors must fight each other over the scraps? It is
beyond absurd. Continue

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America Needs Period of Pain

By ERIC MARGOLIS

Wall Street's big money con men, hedge fund Houdinis,
and casino capitalists made a staggering $33.3 US
billion in bonuses in 2007 alone by shady financial
engineering and hawking fraudulent securities. Yet
they have so far escaped prosecution. They get to
keep their swag and $30-million South Hampton
beach houses. Continue

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The Federal Reserve Abolition Act

By Stephen Lendman

It worried Thomas Jefferson enough to call banking
institutions "more dangerous to our liberties than
standing armies" at a much simpler time in our history.
The right to create and control money belongs to
the people through their elected representatives.
For the past 95 years, powerful bankers accountable
to no one have had it. They effectively run the country
(and own it), and unless We the People change things,
we'll continue to be victimized by economic tyranny
and the eventual political kind that's coming.
Continue

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Secret of the Lusitania

Arms find challenges Allied claims it was solely a passenger ship

By Sam Greenhill

Her sinking with the loss of almost 1,200 lives caused
such outrage that it propelled the U.S. into the First World
War. But now divers have revealed a dark secret about
the cargo carried by the Lusitania on its final journey in
May 1915. Continue

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Obama to Inherit Legacy of Free Market Free Fall

by: Adrianne Appel, Inter Press Service

Boston - Despite hundreds of billions of dollars thrown
at banks large and small, the U.S. economy is in a
free fall, just weeks before President-elect Barack
Obama takes office, analysts say.

"Most measures of economic and financial activity
look like they fell off a cliff in September and October,
and have been deteriorating at an alarming rate ever
since," says Nariman Behravesh, chief economist at
IHS Global Insight. »

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Remembering Nobel Laureate Harold Pinter - "Is Our Conscience Dead?"

by Ann Wright

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China's Consumers: Not Ready to Save the World

By Jessie Jiang / Tianjin

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George Carlin on "The American Dream" 4 Minute Video
Click to view (THERE'RE AROUND 15 RECORDED TAPES:
CLICK ON AN IMAGE TO PLAY EACH TAPE SEPARATELY)

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Late Night Political Jokes - Late Night Jokes Updated Daily

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PHOTOGRAPHY BY NOVELIST F. SCOTT SINCLAIR

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A CONVENIENT (I HOPE) TABLE OF CONTENTS OF
F. SCOTT SINCLAIR'S NOVELS

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(FAIR AND BALANCED?! YOU BE THE JUDGE...REMEMBER,
IT'S ALWAYS GOOD TO KNOW WHAT THE OPPOSITION IS
DOING. WHY? SO ONE'S MIND DOESN'T BECOME FOSSILIZED,
INEPT AND CORRUPT: MORALLY BANKRUPT.)

THEO'REILLYFACTOR

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MY (OBSERVATIONAL GENIUS) HERO: ANDY ROONEY

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