QUOTE:
The Difficulty of Being an Informed American
By Paul Craig Roberts
The function of the “mainstream media” is to sell
products and to brainwash the audience for the
government and interest groups. By subscribing
to it, Americans support their own brainwashing.
Continue
**************************************************
QUOTE:
Back to What Obama Must Do
By: Paul Krugman
This month we celebrate your arrival in the White
House; at a time of great national crisis, you bring
the hope of a better future. It's now up to you to
deliver on that hope. By enacting a recovery plan
even bolder and more comprehensive than the New
Deal, you can not only turn the economy around - you
can put America on a path toward greater equality
for generations to come. Continue
***********************************************
QUOTE:
Open Letter to Fellow Christians
**************************************************
QUOTE:
Most Economists Understand Neither The Cause of
Nor The Solution To The Financial Crisis
**************************************************
QUOTE:
Kissinger Calls For New International System Out
Of World Crises
**************************************************
QUOTE:
NSA Spied on Journalists? Whistleblower Reveals
Surveillance Target
By Keith Olbermann - Video and Text
In an exclusive interview tonight on MSNBC's
"Countdown with Keith Olbermann," former NSA
analyst Russell Tice says that the agency under
the Bush administration secretly collected
communications data on civilians, including
journalists. Continue
**********************************************
QUOTE:
Another Real Estate Crisis Is About To Hit
By Paul Craig Roberts
The growth of debt has outpaced the growth of real
output. Yet, the solution offered by Obama’s economic
team is to expand debt further. This is not surprising
as Obama’s economic team consists of the very people
who brought on the debt crisis. Now they are going
to make it worse. Continue
***************************************************
QUOTE:
Ancient Root of All Evil Bears Fruit With Fed
**************************************************
QUOTE:
The Courage To Resist
Woman Faces Down Armed Israeli Soldiers.
Please watch this 2 minute video 53 seconds into
the video an unknown woman stands in front of
Israeli soldiers and prevents them from firing
on unarmed protesters. Continue
**************************************************
QUOTE:
A Military Dictatorship Coming To America?
By Pakistan Daily
THE WORSENING ECONOMIC CRISIS has
prompted the US Army War College to issue a
report urging the use of military troops to contain
possible civil unrest throughout America. Entitled,
Strategic Shocks in Defense Strategy Development,
issued on November 4, 2008, the report argues
that the US military must prepare for a “violent
domestic dislocation provoked by an economic
collapse.” Continue
************************************************
QUOTE:
A Great Gettin' Up Morning
by: William Rivers Pitt
***********************************************
QUOTE:
Keith Olbermann On Cheney Bush Record
1 Minute Video
Click to view
************************************************
QUOTE:
"This Land Is Your Land" Like Woody Wrote It
by: Tommy Stevenson
************************************************
QUOTE:
Bank Of England Policymaker Predicts Unprecedented Dollar Collapse
By Edmund Conway, Economics Editor
Americans must prepare themselves for a massive collapse
in the dollar as investors around the world dump their
US assets, a former Bank of England policymaker has
warned. Continue
**************************************************
QUOTE:
Somber Thoughts for the New Year
Will There be a Recovery?
By Paul Craig Roberts
In the 21st century real wages have not risen. Workers
have spent more by accepting deteriorating household
balance sheets. They have maxed out their credit cards
and spent the equity in their homes. Imitators of the
US government, American consumers borrow to pay
their bills. Continue
***********************************************
QUOTE:
The Crisis of Common Sense:
Is It So Difficult To Understand The Financial Crisis?
By Matthias Chang
Many have expressed to me that they are overwhelmed
by the complexity of the global financial tsunami and
are absolutely confused as to how to prepare and survive
the crisis. When I explained in simple terms, they
refused to accept the explanations as to them “it was
too simple. It must be more complicated as otherwise
how can the crisis become a global fiasco? Continue
***************************************************
QUOTE:
Satire Israel Attacks US
By Jerry Ghinelli
In an operation termed “Friendly Enemy,” hundreds
of Israeli F-16 fighter jets streaked across the Atlantic
in precise formation and fired surgical air strikes at
alleged terrorist strongholds in densely populated
Muslim communities all along the northeast corridor
of the United States. Continue
*************************************************
QUOTE:
ONLY ONE SOLUTION
Soak the Rich, Corporations
BY TED RALL
*************************************************
QUOTE:
The Collapsing US Economy
Will the Government Turn to the Printing Press?
By Paul Craig Roberts
More is to come. Credit card debt, car loans, and
commercial real estate mortgages have been securitized,
too. There is little doubt there are derivatives based
on this enormous pile of debt. As each “crisis” unfolds,
it will mean more bailout rewards for the crooks who
deep-sixed the US economy. Continue
********************************************
QUOTE:
Let's Be Honest About Abe, Shall We?
By KEN WARD
Much like Soviet-era schoolchildren who were
indoctrinated to worship Karl Marx and Vladimir
Lenin, a corpus of 16,000 books on Lincoln
conditions Americans to believe that the simple
country lawyer from Illinois honorably defended
his country and freed a race. Continue
*********************************************
QUOTE:
How To Resolve The Credit Crisis
Credit Where Credit Is Due
By Ellen Brown
Letter to the bank – Dear Sirs,
In light of recent developments, when you returned
my check marked “insufficient funds,” were you
referring to my funds or yours? Continue
************************************************
QUOTE:
Economic Rescue Package May Not be Enough,
Bernanke Tells Obama
By Heather Stewart
Speaking at the London School of Economics this
lunchtime, Bernanke said the fiscal package planned
by the incoming president would provide a "significant
boost" to the US economy but the government would
need to do more to stabilise the financial system.
Continue
***************************************************
QUOTE:
History Cannot Save Him
by: Helen Thomas
***************************************************
QUOTE:
Yes, We Can Make the Stimulus More Stimulating
by: Dean Baker
*************************************************
QUOTE:
Wall Street Robber Barons Ride Again
by: Robert Scheer
************************************************
QUOTE:
The Most Ridiculous Speech of All
by: William Rivers Pitt
****************************************************
QUOTE:
Late Night Political Jokes - Late Night Jokes Updated Daily
*******************************************************
QUOTE:
PHOTOGRAPHY BY NOVELIST F. SCOTT SINCLAIR
********************************************************
QUOTE:
A CONVENIENT (I HOPE) TABLE OF CONTENTS OF
F. SCOTT SINCLAIR'S NOVELS
******************************************************
QUOTE:
(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
*****************************************************
QUOTE:
MY (OBSERVATIONAL GENIUS) HERO: ANDY ROONEY
******************************************************
F. Scott Sinclair is the author of the published political thrillers--The Bell Tolls For Thee America (Preview at: tinyurl.com/onze582), Karmic Rendition: A Novel of Pancho Villa Avenged , Political Instincts: A Novel of Amazing Thailand, and Cinderella Liberty: A Novel of America--are prophetic novels, that uncover the seeds of the Orwellian nightmare that currently besieges America. Previews at: http://goo.gl/vEDGj and http://tinyurl.com/brk8dl5 as shown above.
Friday, January 09, 2009
ARE YOU AN INFORMED AMERICAN...? IF THE TRUTH BE KNOWN, I DOUBT IT.
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...
QUOTE:
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
*********************************************************
QUOTE:
PEOPLE TO WATCH
Nuriel Roubini
For Dr. Doom, a Crash Worthy of His Warnings
**********************************************************
QUOTE:
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
********************************************************
QUOTE:
JUDGMENT CALLS
Humbled By Our Ignorance
2008 was the year our high-flying economy fell to earth. What comes next?
By Robert J. Samuelson
**************************************************
QUOTE:
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
****************************************************
QUOTE:
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
*********************************************************
QUOTE:
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
***************************************************
QUOTE:
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
************************************************
QUOTE:
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
************************************************
QUOTE:
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
**************************************************
QUOTE:
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. »
***********************************************
QUOTE:
Remembering Nobel Laureate Harold Pinter - "Is Our Conscience Dead?"
by Ann Wright
***********************************************
QUOTE:
China's Consumers: Not Ready to Save the World
By Jessie Jiang / Tianjin
****************************************************
QUOTE:
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)
****************************************************
QUOTE:
Late Night Political Jokes - Late Night Jokes Updated Daily
*******************************************************
QUOTE:
PHOTOGRAPHY BY NOVELIST F. SCOTT SINCLAIR
********************************************************
QUOTE:
A CONVENIENT (I HOPE) TABLE OF CONTENTS OF
F. SCOTT SINCLAIR'S NOVELS
******************************************************
QUOTE:
(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
*****************************************************
QUOTE:
MY (OBSERVATIONAL GENIUS) HERO: ANDY ROONEY
*******************************************************
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
*********************************************************
QUOTE:
PEOPLE TO WATCH
Nuriel Roubini
For Dr. Doom, a Crash Worthy of His Warnings
**********************************************************
QUOTE:
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
********************************************************
QUOTE:
JUDGMENT CALLS
Humbled By Our Ignorance
2008 was the year our high-flying economy fell to earth. What comes next?
By Robert J. Samuelson
**************************************************
QUOTE:
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
****************************************************
QUOTE:
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
*********************************************************
QUOTE:
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
***************************************************
QUOTE:
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
************************************************
QUOTE:
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
************************************************
QUOTE:
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
**************************************************
QUOTE:
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. »
***********************************************
QUOTE:
Remembering Nobel Laureate Harold Pinter - "Is Our Conscience Dead?"
by Ann Wright
***********************************************
QUOTE:
China's Consumers: Not Ready to Save the World
By Jessie Jiang / Tianjin
****************************************************
QUOTE:
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)
****************************************************
QUOTE:
Late Night Political Jokes - Late Night Jokes Updated Daily
*******************************************************
QUOTE:
PHOTOGRAPHY BY NOVELIST F. SCOTT SINCLAIR
********************************************************
QUOTE:
A CONVENIENT (I HOPE) TABLE OF CONTENTS OF
F. SCOTT SINCLAIR'S NOVELS
******************************************************
QUOTE:
(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
*****************************************************
QUOTE:
MY (OBSERVATIONAL GENIUS) HERO: ANDY ROONEY
*******************************************************
Monday, November 17, 2008
THE RECESSION IS OVER...! YEAH, AND I'M THE TOOTH FAIRY...
QUOTE:
The no-think nationThe Crisis Has Hardly Begun
By Paul Craig Roberts
The exchange value of the dollar will decline with
the domestic inflation. Once inflation is off and running,
the printing press dollars will only have goods made
in America to chase after. The real crisis has not
yet begun. Continue
**************************************************
QUOTE:
Depression 2009: What would it look like?:
By looking at what we know about how society and commerce
would slow down, and how people respond, it's possible to
envision what we might face.
****************************************************
QUOTE:
US's Road to Recovery Runs Through Beijing
By Francesco Sisci and David P Goldman
For the past decade, poor people in the developing world
have financed the consumption of rich people in America.
America has borrowed nearly $1 trillion a year, mostly
from the developing world, and used these funds to
import consumer goods and buy homes at low interest
rates. The result is a solvency crisis of the American
household, which shows up as a solvency crisis for
financial institutions. Continue
*********************************************************
QUOTE:
The G-20 Washout
By Mike Whitney
The financial crisis is being used by Wall Street big-wigs
to restructure the economy and create a permanent
class of working poor. Continue
*******************************************************
QUOTE:
The G-20 Economic Summit Won’t Change the "Financial Crime Scene"
By Richard C. Cook
I worked in the U.S. Treasury Department for 21 years and
learned first-hand the history and operations of public
finance in the U.S. I have seen the disastrous results of
the debt-based financial system and how it has driven
our nation, government, and people into bankruptcy. I
have also seen how these simple measures of monetary
reform would be easy to implement and would begin to
turn the situation around within weeks or months.
Continue
*****************************************************
QUOTE:
The Ballot Heard ‘Round The World
By David Michael Green
The America of 2012 or 2016 will be nearly unrecognizable
from the swamp in which we’ve been mired since 2000,
and all those changes will be for the better. And they
will have hugely salutary effects well beyond our borders
as well. Continue
****************************************************
QUOTE:
The no-think nationThe Crisis Has Hardly Begun
By Paul Craig Roberts
The exchange value of the dollar will decline with the
domestic inflation. Once inflation is off and running,
the printing press dollars will only have goods made
in America to chase after. The real crisis has not
yet begun. Continue
********************************************************
QUOTE:
The Sucker Bait Called Hope
Making the Best of a Slow Apocalypse
by Joe Bageant
********************************************************
QUOTE:
Obama and the Great Depression
By Mickey Z.
No, I don’t mean that Great Depression. I’m talking about
the inevitable moment—maybe next week, maybe next
year—when the Kool Aid wears off and the Obamatrons
wake up to realize their hero offers nothing even approximating
hope or change. Continue
****************************************************
QUOTE:
Robert Gates: As Bad as Rumsfeld?
What can Barack Obama be thinking?
By Ray McGovern
The little-understood story behind Bush’s decision to
catapult Robert Gates into his Pentagon perch was
the astonishing fact that Donald Rumsfeld, of all people,
was pulling a Robert McNamara; that is, he was going
wobbly on a war based largely on his own hubris-laden,
misguided advice. Continue
******************************************************
QUOTE:
This Is Not A Normal Recession
Moving on to Plan B
By Mike Whitney
The global economy is being sucked into a black hole
and most Americans have no idea why. The whole
problem can be narrowed down to two words;
"structured finance". Continue
*************************************************
QUOTE:
Leading Economist Warns of Food Riots
By The London Banker and RGE Monitor
Everyone along the supply chain should worry about
their jobs. Many will lose their jobs sooner rather
than later. Continue
******************************************************
QUOTE:
America the Illiterate
By Chris Hedges
We live in two Americas. One America, now the minority,
functions in a print-based, literate world. It can cope
with complexity and has the intellectual tools to separate
illusion from truth. The other America, which constitutes
the majority, exists in a non-reality-based belief system.
This America, dependent on skillfully manipulated
images for information, has severed itself from the
literate, print-based culture. It cannot differentiate
between lies and truth. It is informed by simplistic,
childish narratives and clichés. Continue
*******************************************************
QUOTE:
The Worst Is Not Behind Us
Beware of those who say we've hit the bottom.
By Nouriel Roubini
The recession will continue until at least the end of
2009 for a cumulative gross domestic product drop
of over 4%; the unemployment rate will likely reach
9%. The U.S. consumer is shopped-out, saving less and
debt-burdened: This will be the worst consumer
recession in decades. Continue
*****************************************************
QUOTE:
Wall Street's Bailout is a Trillion-Dollar Crime Scene
Why Aren't the Dems Doing Something About It?
By Naomi Klein
The more details emerge, the clearer it becomes that
Washington's handling of the Wall Street bailout is
not merely incompetent. It is borderline criminal.
Continue
************************************************
QUOTE:
A Credit Crisis or a Collapsing Ponzi Scheme?
The Two Trillion Dollar Black Hole
By PAM MARTENS
Bloomberg News reporter, Mark Pittman, filed a
Freedom of Information Act request (FOIA) with
the Federal Reserve asking for detailed information
relevant to whom the central bank was giving these
massive loans and precisely what securities these
firms were posting as collateral. Continue
******************************************************
QUOTE:
Paulson the Bungler
By Mike Whitney
There's more pain to come, but the suffering can be
mitigated by sound decision-making and Keynesian
policies. That means public work programs, bankruptcy
reform, and extensions on unemployment. Nobel
prize winner Paul Krugman recommends a stimulus
package of $600 billion. That's a good start, but it will
take much more than that. Continue
**************************************************
QUOTE:
Crisis Is Beyond The Reach of Traditional Solutions
By Paul Craig Roberts
I cannot predict the future. However, I can explain
what the problems are, how they differ from past
times of troubles, and why traditional remedies, such
as the public works programs that Reich proposes,
are unlikely to succeed in reviving the U.S. economy.
Continue
**************************************************
QUOTE:
Could the First World War have been stopped?
By George Monbiot.
Faced, earlier in the century, with the possibilities of peace,
the old men of Europe had decided that they would rather
kill their children than change their policies. Continue
****************************************************
QUOTE:
Too Poor for Bankruptcy
By David Glenn Cox
Most all of our problems seem to evolve from a falling
standard of living in America’s working class, and
yet when we call for help for America’s working poor
we are told that it can’t be helped. Here in Atlanta
a local food pantry advertises that 40% of all its
recipients are employed. Continue
**************************************************
QUOTE:
US May Lose Its 'AAA' Rating
By CNBC"
The U.S. might really have to look at a default on the
bankruptcy reorganization of the present financial
system" and the bankruptcy of the government is
not out of the realm of possibility, Hennecke said.
Continue
*****************************************************
QUOTE:
Global systemic crisis Alert For Summer 2009:
The US Government Will Default On Its Debt
By GEAB
Our researchers anticipate that, before next summer
2009, the US government will default and be prevented
to pay back its creditors (holders of US Treasury Bonds,
of Fanny May and Freddy Mac shares, etc.). Of course
such a bankruptcy will provoke some very negative
outcome for all USD-denominated asset holders.
*****************************************************
QUOTE:
The DOW a year from now
By Denver Research Group
Without new dollars flowing on a consistent basis to
middle class consumers, many analysts believe the DOW
would necessarily fall below the level of the post dot.com,
post 9/11 crash of 2002 (8,000)...most likely to the
range of 6,500-7,000. Continue
**************************************************
QUOTE:
U.S. will soon face second "Great Depression"
Renowned economist Khazin predicted U.S. financial
crisis in 2000
By Yevgeniy Chernyx
Whatever decision Wall Street takes right now, the
demand is going to fall. What will happen to these
industries? In 2000, we estimated that 25 percent
of the U.S. economy would disappear. Today, we
think the number is closest to one-third — if not
more. Continue
************************************************
QUOTE:
Obama's Historic Victory
By Howard Zinn
Those of us on the Left who have criticized Obama, as
I have, for his failure to take bold positions on the
war and on the economy, must join the exultation
of those Americans, black and white, who shouted
and wept Tuesday night as they were informed that
Barack Obama had won the presidential election.
Continue
***********************************************
QUOTE:
America Has Already Changed
By William John Cox
"It sent chills though my body." She said, "There was
a time when black people couldn't even see inside the
White House as a visitor, and now one of us is going
to be living there." Continue
************************************************
QUOTE:
America’s Moronic Iraqi Policy
By Paul Craig Roberts
If the US maintains its pro-Israeli stance against Arabs
and Muslims generally, the implications of a growing
Muslim population and a government obsessed with
its “war on terror” are frightening for American civil
liberty. In order to contain the potential terror that
it will have imported, Washington would impose a
total police state. We will have our own Saddam Hussein.
Continue
*************************************************
QUOTE:
My Michelle Moment: America Does Itself Proud
By David Michael Green
For the first time in a very long time, I felt a little
pride about what my country was doing. This election
felt to me like nothing so much as a reclaiming of our
country from some truly evil predators who had
hijacked it, and a restoration of democracy – and,
really, sanity – to our political sphere. Continue
***********************************************
QUOTE
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)
****************************************************
QUOTE:
Late Night Political Jokes - Late Night Jokes Updated Daily
*******************************************************
QUOTE:
PHOTOGRAPHY BY NOVELIST F. SCOTT SINCLAIR
********************************************************
QUOTE:
A CONVENIENT (I HOPE) TABLE OF CONTENTS OF
F. SCOTT SINCLAIR'S NOVELS
******************************************************
QUOTE:
(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.)
THE O'REILLY FACTOR
*****************************************************
QUOTE:
MY HERO: ANDY ROONEY
*****************************************************
The no-think nationThe Crisis Has Hardly Begun
By Paul Craig Roberts
The exchange value of the dollar will decline with
the domestic inflation. Once inflation is off and running,
the printing press dollars will only have goods made
in America to chase after. The real crisis has not
yet begun. Continue
**************************************************
QUOTE:
Depression 2009: What would it look like?:
By looking at what we know about how society and commerce
would slow down, and how people respond, it's possible to
envision what we might face.
****************************************************
QUOTE:
US's Road to Recovery Runs Through Beijing
By Francesco Sisci and David P Goldman
For the past decade, poor people in the developing world
have financed the consumption of rich people in America.
America has borrowed nearly $1 trillion a year, mostly
from the developing world, and used these funds to
import consumer goods and buy homes at low interest
rates. The result is a solvency crisis of the American
household, which shows up as a solvency crisis for
financial institutions. Continue
*********************************************************
QUOTE:
The G-20 Washout
By Mike Whitney
The financial crisis is being used by Wall Street big-wigs
to restructure the economy and create a permanent
class of working poor. Continue
*******************************************************
QUOTE:
The G-20 Economic Summit Won’t Change the "Financial Crime Scene"
By Richard C. Cook
I worked in the U.S. Treasury Department for 21 years and
learned first-hand the history and operations of public
finance in the U.S. I have seen the disastrous results of
the debt-based financial system and how it has driven
our nation, government, and people into bankruptcy. I
have also seen how these simple measures of monetary
reform would be easy to implement and would begin to
turn the situation around within weeks or months.
Continue
*****************************************************
QUOTE:
The Ballot Heard ‘Round The World
By David Michael Green
The America of 2012 or 2016 will be nearly unrecognizable
from the swamp in which we’ve been mired since 2000,
and all those changes will be for the better. And they
will have hugely salutary effects well beyond our borders
as well. Continue
****************************************************
QUOTE:
The no-think nationThe Crisis Has Hardly Begun
By Paul Craig Roberts
The exchange value of the dollar will decline with the
domestic inflation. Once inflation is off and running,
the printing press dollars will only have goods made
in America to chase after. The real crisis has not
yet begun. Continue
********************************************************
QUOTE:
The Sucker Bait Called Hope
Making the Best of a Slow Apocalypse
by Joe Bageant
********************************************************
QUOTE:
Obama and the Great Depression
By Mickey Z.
No, I don’t mean that Great Depression. I’m talking about
the inevitable moment—maybe next week, maybe next
year—when the Kool Aid wears off and the Obamatrons
wake up to realize their hero offers nothing even approximating
hope or change. Continue
****************************************************
QUOTE:
Robert Gates: As Bad as Rumsfeld?
What can Barack Obama be thinking?
By Ray McGovern
The little-understood story behind Bush’s decision to
catapult Robert Gates into his Pentagon perch was
the astonishing fact that Donald Rumsfeld, of all people,
was pulling a Robert McNamara; that is, he was going
wobbly on a war based largely on his own hubris-laden,
misguided advice. Continue
******************************************************
QUOTE:
This Is Not A Normal Recession
Moving on to Plan B
By Mike Whitney
The global economy is being sucked into a black hole
and most Americans have no idea why. The whole
problem can be narrowed down to two words;
"structured finance". Continue
*************************************************
QUOTE:
Leading Economist Warns of Food Riots
By The London Banker and RGE Monitor
Everyone along the supply chain should worry about
their jobs. Many will lose their jobs sooner rather
than later. Continue
******************************************************
QUOTE:
America the Illiterate
By Chris Hedges
We live in two Americas. One America, now the minority,
functions in a print-based, literate world. It can cope
with complexity and has the intellectual tools to separate
illusion from truth. The other America, which constitutes
the majority, exists in a non-reality-based belief system.
This America, dependent on skillfully manipulated
images for information, has severed itself from the
literate, print-based culture. It cannot differentiate
between lies and truth. It is informed by simplistic,
childish narratives and clichés. Continue
*******************************************************
QUOTE:
The Worst Is Not Behind Us
Beware of those who say we've hit the bottom.
By Nouriel Roubini
The recession will continue until at least the end of
2009 for a cumulative gross domestic product drop
of over 4%; the unemployment rate will likely reach
9%. The U.S. consumer is shopped-out, saving less and
debt-burdened: This will be the worst consumer
recession in decades. Continue
*****************************************************
QUOTE:
Wall Street's Bailout is a Trillion-Dollar Crime Scene
Why Aren't the Dems Doing Something About It?
By Naomi Klein
The more details emerge, the clearer it becomes that
Washington's handling of the Wall Street bailout is
not merely incompetent. It is borderline criminal.
Continue
************************************************
QUOTE:
A Credit Crisis or a Collapsing Ponzi Scheme?
The Two Trillion Dollar Black Hole
By PAM MARTENS
Bloomberg News reporter, Mark Pittman, filed a
Freedom of Information Act request (FOIA) with
the Federal Reserve asking for detailed information
relevant to whom the central bank was giving these
massive loans and precisely what securities these
firms were posting as collateral. Continue
******************************************************
QUOTE:
Paulson the Bungler
By Mike Whitney
There's more pain to come, but the suffering can be
mitigated by sound decision-making and Keynesian
policies. That means public work programs, bankruptcy
reform, and extensions on unemployment. Nobel
prize winner Paul Krugman recommends a stimulus
package of $600 billion. That's a good start, but it will
take much more than that. Continue
**************************************************
QUOTE:
Crisis Is Beyond The Reach of Traditional Solutions
By Paul Craig Roberts
I cannot predict the future. However, I can explain
what the problems are, how they differ from past
times of troubles, and why traditional remedies, such
as the public works programs that Reich proposes,
are unlikely to succeed in reviving the U.S. economy.
Continue
**************************************************
QUOTE:
Could the First World War have been stopped?
By George Monbiot.
Faced, earlier in the century, with the possibilities of peace,
the old men of Europe had decided that they would rather
kill their children than change their policies. Continue
****************************************************
QUOTE:
Too Poor for Bankruptcy
By David Glenn Cox
Most all of our problems seem to evolve from a falling
standard of living in America’s working class, and
yet when we call for help for America’s working poor
we are told that it can’t be helped. Here in Atlanta
a local food pantry advertises that 40% of all its
recipients are employed. Continue
**************************************************
QUOTE:
US May Lose Its 'AAA' Rating
By CNBC"
The U.S. might really have to look at a default on the
bankruptcy reorganization of the present financial
system" and the bankruptcy of the government is
not out of the realm of possibility, Hennecke said.
Continue
*****************************************************
QUOTE:
Global systemic crisis Alert For Summer 2009:
The US Government Will Default On Its Debt
By GEAB
Our researchers anticipate that, before next summer
2009, the US government will default and be prevented
to pay back its creditors (holders of US Treasury Bonds,
of Fanny May and Freddy Mac shares, etc.). Of course
such a bankruptcy will provoke some very negative
outcome for all USD-denominated asset holders.
*****************************************************
QUOTE:
The DOW a year from now
By Denver Research Group
Without new dollars flowing on a consistent basis to
middle class consumers, many analysts believe the DOW
would necessarily fall below the level of the post dot.com,
post 9/11 crash of 2002 (8,000)...most likely to the
range of 6,500-7,000. Continue
**************************************************
QUOTE:
U.S. will soon face second "Great Depression"
Renowned economist Khazin predicted U.S. financial
crisis in 2000
By Yevgeniy Chernyx
Whatever decision Wall Street takes right now, the
demand is going to fall. What will happen to these
industries? In 2000, we estimated that 25 percent
of the U.S. economy would disappear. Today, we
think the number is closest to one-third — if not
more. Continue
************************************************
QUOTE:
Obama's Historic Victory
By Howard Zinn
Those of us on the Left who have criticized Obama, as
I have, for his failure to take bold positions on the
war and on the economy, must join the exultation
of those Americans, black and white, who shouted
and wept Tuesday night as they were informed that
Barack Obama had won the presidential election.
Continue
***********************************************
QUOTE:
America Has Already Changed
By William John Cox
"It sent chills though my body." She said, "There was
a time when black people couldn't even see inside the
White House as a visitor, and now one of us is going
to be living there." Continue
************************************************
QUOTE:
America’s Moronic Iraqi Policy
By Paul Craig Roberts
If the US maintains its pro-Israeli stance against Arabs
and Muslims generally, the implications of a growing
Muslim population and a government obsessed with
its “war on terror” are frightening for American civil
liberty. In order to contain the potential terror that
it will have imported, Washington would impose a
total police state. We will have our own Saddam Hussein.
Continue
*************************************************
QUOTE:
My Michelle Moment: America Does Itself Proud
By David Michael Green
For the first time in a very long time, I felt a little
pride about what my country was doing. This election
felt to me like nothing so much as a reclaiming of our
country from some truly evil predators who had
hijacked it, and a restoration of democracy – and,
really, sanity – to our political sphere. Continue
***********************************************
QUOTE
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)
****************************************************
QUOTE:
Late Night Political Jokes - Late Night Jokes Updated Daily
*******************************************************
QUOTE:
PHOTOGRAPHY BY NOVELIST F. SCOTT SINCLAIR
********************************************************
QUOTE:
A CONVENIENT (I HOPE) TABLE OF CONTENTS OF
F. SCOTT SINCLAIR'S NOVELS
******************************************************
QUOTE:
(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.)
THE O'REILLY FACTOR
*****************************************************
QUOTE:
MY HERO: ANDY ROONEY
*****************************************************
Tuesday, November 04, 2008
CONGRATULATIONS ARE IN ORDER, PRESIDENT BARACK OBAMA! BLESS YOU & MAY THE "GOOD LORD" PROVIDE YOU WITH THE WISDOM, COURAGE & STRENGTH YOU'LL NEED
QUOTE:
Live 2008 Election Coverage
» View Map of State-by-State Results
Watch Live Broadcast from ABC News NOW
***************************************************
QUOTE:
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)
****************************************************
QUOTE:
Late Night Political Jokes - Late Night Jokes Updated Daily
*******************************************************
QUOTE:
PHOTOGRAPHY BY NOVELIST F. SCOTT
SINCLAIR
********************************************************
QUOTE:
A CONVENIENT (I HOPE) TABLE OF CONTENTS OF
F. SCOTTSINCLAIR'S NOVELS
******************************************************
QUOTE:
(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.)
THE O'REILLY FACTOR
*****************************************************
QUOTE:
MY HERO: ANDY ROONEY
*****************************************************
Live 2008 Election Coverage
» View Map of State-by-State Results
Watch Live Broadcast from ABC News NOW
***************************************************
QUOTE:
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)
****************************************************
QUOTE:
Late Night Political Jokes - Late Night Jokes Updated Daily
*******************************************************
QUOTE:
PHOTOGRAPHY BY NOVELIST F. SCOTT
SINCLAIR
********************************************************
QUOTE:
A CONVENIENT (I HOPE) TABLE OF CONTENTS OF
F. SCOTTSINCLAIR'S NOVELS
******************************************************
QUOTE:
(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.)
THE O'REILLY FACTOR
*****************************************************
QUOTE:
MY HERO: ANDY ROONEY
*****************************************************
Monday, November 03, 2008
THE LAST OF THE MOHEGANS
QUOTE:
No Currency Left to Buy the Big Lies
By John Cusack
No more money left to pay off the debt, the wreckage
in the wake. The orgy of excess has drained every
bottle, smashed the furniture and left the cupboards
bare. All that's left is derivative debts -- bets between
liars and lies. Trillions of dollars. It turned capitalism
into a Ponzi scheme for trading worthless paper. Continue
********************************************************
QUOTE:
Obama's Little Red Book
Is Redistribution Really All That Bad?
By Mike Whitney
Redistribution is never an issue when the money is flowing
upwards. It's only when working people are poised to
get a few scraps that all hell breaks loose. Continue
******************************************************
QUOTE:
An Open Letter to Barack Obama
Between Hope and Reality
By Ralph Nader
Far more than Senator McCain, you have received
enormous, unprecedented contributions from corporate
interests, Wall Street interests and, most interestingly,
big corporate law firm attorneys. Never before has a
Democratic nominee for President achieved this
supremacy over his Republican counterpart. Continue
******************************************************
QUOTE:
The Evidence Establishes, Without Question,
Republican Rule Is Dangerous
By John W. Dean
They are people who are, in Altemeyer's words, are
"so self-righteous, so ill-informed, and so dogmatic
that nothing you can say or do will change their
minds." Continue
**************************************************
QUOTE:
Thirty Years Too Late:
The Implosion of John McCain and the Demise of the Regressive Right
By David Michael Green
Instead of raising his party and country from the gutter
of Bushism, John McCain dove down into it himself, with
a literal and figurative vengeance. Continue
***********************************************************
QUOTE:
Ayers a Guest in McCain's Glass House
Keith Olbermann Special Comment
Keith Olbermann points out that not only does John
McCain have a closer relationship with Rashid Khalidi
than Barack Obama does, that relationship means
McCain is has a connection to William Ayers as well.
Continue
*****************************************************
QUOTE:
George Carlin On Voting In US Elections
4 Minute VideoWarning - Some readers may find the
contents offensive. Continue
*****************************************************
QUOTE:
John McCain in the Echo Chamber
by: Gore Vidal, Truthdig.com
*****************************************************
QUOTE:
The Endorsement From Hell
by: Nicholas D. Kristof, The New York
*****************************************************
QUOTE:
Reversal of Fortune
Saturday 01 November 2008
»
by: Joseph E. Stiglitz, Vanity Fair
*****************************************************
QUOTE:
A TRIBUTE TO "GEORGE CARLIN" AN AMERICAN
ICON: A TRUE "IDOL" IF THE TRUTH BE KNOWN
FOR MILLIONS OF "CRITICAL THINKING" AMERICANS...!
QUOTE:
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)
****************************************************
QUOTE:
Late Night Political Jokes - Late Night Jokes Updated Daily
*******************************************************
QUOTE:
PHOTOGRAPHY BY NOVELIST F. SCOTT SINCLAIR
********************************************************
QUOTE:
A CONVENIENT (I HOPE) TABLE OF CONTENTS OF
F. SCOTT SINCLAIR'SNOVELS
******************************************************
QUOTE:
(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.)
THE O'REILLY FACTOR
*****************************************************
QUOTE:
MY HERO: ANDY ROONEY
*******************************************************
No Currency Left to Buy the Big Lies
By John Cusack
No more money left to pay off the debt, the wreckage
in the wake. The orgy of excess has drained every
bottle, smashed the furniture and left the cupboards
bare. All that's left is derivative debts -- bets between
liars and lies. Trillions of dollars. It turned capitalism
into a Ponzi scheme for trading worthless paper. Continue
********************************************************
QUOTE:
Obama's Little Red Book
Is Redistribution Really All That Bad?
By Mike Whitney
Redistribution is never an issue when the money is flowing
upwards. It's only when working people are poised to
get a few scraps that all hell breaks loose. Continue
******************************************************
QUOTE:
An Open Letter to Barack Obama
Between Hope and Reality
By Ralph Nader
Far more than Senator McCain, you have received
enormous, unprecedented contributions from corporate
interests, Wall Street interests and, most interestingly,
big corporate law firm attorneys. Never before has a
Democratic nominee for President achieved this
supremacy over his Republican counterpart. Continue
******************************************************
QUOTE:
The Evidence Establishes, Without Question,
Republican Rule Is Dangerous
By John W. Dean
They are people who are, in Altemeyer's words, are
"so self-righteous, so ill-informed, and so dogmatic
that nothing you can say or do will change their
minds." Continue
**************************************************
QUOTE:
Thirty Years Too Late:
The Implosion of John McCain and the Demise of the Regressive Right
By David Michael Green
Instead of raising his party and country from the gutter
of Bushism, John McCain dove down into it himself, with
a literal and figurative vengeance. Continue
***********************************************************
QUOTE:
Ayers a Guest in McCain's Glass House
Keith Olbermann Special Comment
Keith Olbermann points out that not only does John
McCain have a closer relationship with Rashid Khalidi
than Barack Obama does, that relationship means
McCain is has a connection to William Ayers as well.
Continue
*****************************************************
QUOTE:
George Carlin On Voting In US Elections
4 Minute VideoWarning - Some readers may find the
contents offensive. Continue
*****************************************************
QUOTE:
John McCain in the Echo Chamber
by: Gore Vidal, Truthdig.com
*****************************************************
QUOTE:
The Endorsement From Hell
by: Nicholas D. Kristof, The New York
*****************************************************
QUOTE:
Reversal of Fortune
Saturday 01 November 2008
»
by: Joseph E. Stiglitz, Vanity Fair
*****************************************************
QUOTE:
A TRIBUTE TO "GEORGE CARLIN" AN AMERICAN
ICON: A TRUE "IDOL" IF THE TRUTH BE KNOWN
FOR MILLIONS OF "CRITICAL THINKING" AMERICANS...!
QUOTE:
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)
****************************************************
QUOTE:
Late Night Political Jokes - Late Night Jokes Updated Daily
*******************************************************
QUOTE:
PHOTOGRAPHY BY NOVELIST F. SCOTT SINCLAIR
********************************************************
QUOTE:
A CONVENIENT (I HOPE) TABLE OF CONTENTS OF
F. SCOTT SINCLAIR'SNOVELS
******************************************************
QUOTE:
(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.)
THE O'REILLY FACTOR
*****************************************************
QUOTE:
MY HERO: ANDY ROONEY
*******************************************************
Subscribe to:
Posts (Atom)