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Thursday, October 08, 2009

Is America's House in Order...?

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A War of Absurdity

By Robert Scheer

Every once in a while, a statistic just jumps out at you in a way that makes everything else you hear on a subject seem beside the point, if not downright absurd. That was my reaction to the recent statement of the president’s national security adviser, former Marine Gen. James Jones, concerning the size of the terrorist threat from Afghanistan: Continue

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Is the U.S. Preparing to Bomb Iran?

By JONATHAN KARL

Based on a little-noticed funding request recently sent to Congress, the answer to that question appears to be yes. Continue


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A Financial Revolution with Profound Political Implications

By Robert Fisk

The plan to de-dollarise the oil market, discussed both in public and in secret for at least two years and widely denied yesterday by the usual suspects – Saudi Arabia being, as expected, the first among them – reflects a growing resentment in the Middle East, Europe and in China at America's decades-long political as well as economic world dominance. Continue

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“Dollar’s Demise Will Be Felt Worldwide” : Gerald Celente

Video Interview With Gerald Celente

"There’s a major financial crisis ahead. The United States, the world’s superpower, is failing on its most basic level,” Continue


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The 'Real' Economy Is Dying:

Q4 'Going to Be a Bloodbath,' Whalen Says

By Aaron Task

"Why is liquidity going into the financial sector? It's because the real economy is dying [and] everyone is fleeing into the stocks and bonds because they're liquid at the moment," Whalen says. "That's not a good sign." Continue

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Chaos at Cobo:

Thousands stand in line for help paying bills


By Charlie LeDuff, George Hunter and Santiago Esparza

"This morning, I seen the curtain pulled back on the misery," he said. "People fighting over a line. People threatening to shoot each other. Is this what we've come to?"
Continue

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Health Care and the 'Predator State'

It is corporate power, not the government, that we need to worry about.

By Thomas Frank

In June 2008, I used this space to call on then-Sen. Barack Obama to add economist James K. Galbraith's book, "The Predator State," to his reading list. As an account of the capture of government by private interests. Continue

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The Demise of the Dollar

By Robert Fisk

In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading. Continue

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Ditching the Dollar

An Interview With Robert Fisk

Al Jazeera has this exclusive interview with Robert Fisk and Steven King, chief economist from the HSBC Group. Continue

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Dollar Hysteria

By Mike Whitney

Yes, the dollar will fall, (eventually) but not for the reasons that most people think.
Continue

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Dow Will Fall To 6,300 By Year End: Portfolio Manager

By: CNBC

“I think we go below the double dip,” Lekas told CNBC. “By year-end, we drop below 6,300 on the Dow and by 2011, we’re at 4,200.”
Continue

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Marx and Lenin Revisited

By Paul Craig Roberts

If Karl Marx and V. I. Lenin were alive today, they would be leading contenders for the Nobel Prize in economics. Continue

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Pelosi Says New Tax Is 'On The Table'

By Michael O'Brien

A new value added tax (VAT) is "on the table" to help the U.S. address is fiscal liabilities, House Speaker Nancy Pelosi (D-Calif.) said Monday night. Continue

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How the Feds Imprison the Innocent

By Paul Craig Roberts

For two decades I have been attempting to make Americans aware that the danger to their liberty comes not from foreign adversaries, terrorists, or criminals, but from prosecutors, who have destroyed law as a shield of the innocent and turned law into a weapon against the innocent.
Continue

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Bernanke's Remedy: Pump More Blood Into a Corpse

By Mike Whitney

Corporations are finding it harder to roll over their debt, bank loans are defaulting at a historic pace, and commercial real estate is imploding. Credit destruction is unprecedented, massive and ongoing. The capital hole is bigger than the Fed and bigger than the Treasury. It can't be plugged with liquidity alone.
Continue

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What Recession?

As the Economy Crashed Around Them, 400 Richest Americans Lined Their Pockets with $30 Billion

By Les Leopold

It's great to know that during the worst economic crisis since the Great Depression, the wealth of the 400 richest Americans, according to Forbes, actually increased by $30 billion. Continue

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Marc Faber No Revival in US

Big Crisis Ahead

Video Interview


Click to view

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The Truth About The Economy

Video Interview

Marc Faber and Nouriel Roubini. Continue

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If The Russians Did This To Us, We’d Kill ‘Em

By David Michael Green

This country is being looted, and everything in it that isn't nailed down is being carted away and sold off. Continue

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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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