Monday, March 23, 2009

ENOUGH ALREADY...?! KEITH OLBERMANN LAYS IT ON THE LINE, FULL FORCE: A SPENDID RANT IF I'VE EVER HEARD ONE. ATTA BOY, KEITH!

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Keith Olbermann's "Special Comment" on Bank Bailout
Video

Olbermann calls for the firing of bank executives and
more stringent bank regulation. Continue

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Launching Lifeboats Before the Ship Sinks

By Paul Craig Roberts

The New York Times reported that “the dollar plunged
about 3 percent against other major currencies” in
response to the Fed’s announcement. Continue

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Captured By The Debt Spider

By Ellen Brown

If governments everywhere are in debt, who are they
in debt to? The answer is that they are in debt to
private banks. The "cruel hoax" is that governments
are in debt for money created on a computer screen,
money they could have created themselves. Continue

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The Big Takeover

By MATT TAIBBI

The global economic crisis isn't about money - it's
about power. How Wall Street insiders are using
the bailout to stage a revolution. Continue

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Myth America

By Cindy Sheehan

Since this country was founded, it has been governed,
or controlled by the Robber Class. Some people
call our “Lords,” the Ruling Class, the Oligarchy,
the Kleptocracy, or Plutocracy. Some call our system
Cronyism, a Democratic Tyranny, Soft-core Fascist
State, or if you are a member of the Robber Class or
Blinded Robbed Class, you call it a Democracy, or
Republic. Continue

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Didn’t We All See This Coming?

By Timothy V. Gatto

This isn’t the first time that capitalism has failed.
Every time it fails we use a form of temporary
socialism to shore up the economy. When things
start to return to normal, we give everything
back to the capitalists. Why is that? Continue

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We're on The Verge Of A Major Crisis : Ron Paul
Video

Ron Paul discusses the AIG bonus controversy.
Continue

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Barack Obama and the Altar of Greed

By David Michael Green

Barack Obama is dumber than a bag of
hammers. Continue

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Obama’s Moment is Passing Quickly

By Dave Lindorff

He should promptly demand Geithner's and Summers'
resignations, and should also fire the CEO of AIG,
Edward Liddy (as 80% owner of AIG, the US has the
power to do that anytime). It would also be a good
idea at the same time to fire the CEOs of all the
leading banks that are at this point surviving on
government bailouts. Continue

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Our Shame

Cindy Sheehan

It is our shame that we as a nation complacently
sit by and allow the audacity of the atrocities of
empire to continue in our names. Continue

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The "Card Check" Hullabaloo

By Mike Whitney

Big business has launched a no-holds-barred
propaganda blitz against the Employee Free
Choice Act. Their goal is to scare people into
believing that if the bill passes it will trigger
higher unemployment and a deeper recession.
According to opponents, there's even the threat
of creeping socialism. The truth, of course, is
far less dramatic. The Employee Free Choice
Act or so called "card check" simply makes it
easier for unions to organize. Continue

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Was the Bailout Itself a Scam?

By Paul Craig Roberts

After Washington’s trillion dollar bank bailouts
and trillion dollar gratuitous wars for the sake
of the military industry’s profits and Israeli
territorial expansion, there is no money for
Social Security and Medicare. Continue

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We Have Seen the Enemy…

By Timothy V. Gatto

When did political dissent become a reason to
end up grounded at an airport because you found
out at a most inconvenient time that your name
had been mysteriously added to a “no-fly list”?
When did the American government begin building
FEMA camps and what exactly is their purpose?
When did Congress become the rubber stamp
for policies of reading the correspondence and
listening in on the conversations of the American
public? Continue

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Preparing for Civil Unrest in America

Legislation to Establish Internment Camps on US Military Bases

By Michel Chossudovsky

Obama's populist rhetoric conceals the true nature
of macro-economic policy. Acting on behalf of Wall
Street, the administration's economic package,
which includes close to a trillion dollar "aid" package
for the financial services industry, coupled with
massive austerity measures, contributes to
precipitating America into a bottomless crisis.
Continue

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Israel’s American Chattel

By Paul Craig Roberts

How is the United States a superpower when it cannot
appoint the official who oversees the National Intelligence
Estimate without the approval of the Israeli right-wing
government and its American agents? Continue

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Of Patriots and Assassins

By Pat Buchanan

"The tactics of the Israel lobby plumb the depths of
dishonor and indecency and include character assassination,
selective misquotation, the willful distortion of the record,
the fabrication of falsehoods and an utter disregard for
the truth." Continue

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How To Destroy the Government in Three Easy Steps

By Joe Brewer

Here's your very own how-to manual for getting Big
Government out of the way so you and your buddies
can horde all the wealth to yourselves and build your
empire.. Continue

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The Parable of the Shopping Mall

By Alexander Cockburn

The savage reverses for capitalism, the gaping wounds
in its pretensions, comprise the single most salient
feature in the world today. Whether in the collapse in
the western banking system, the agonies of post-Soviet
economies like the Baltic and Eastern European Republics,
the rubble of Indian neo-liberal policies, the economic
mantras of an entire generation are going up in smoke.
For the left it should be a time of unrivalled opportunity.
Continue

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The Failed Presidency of Barack Obama

By TA Frank

How the president's timid response to the economic
crisis failed to capture America's populist outrage.
Continue

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Those Hit Hardest Get No Bailout

By Amy Goodman

Obama has surrounded himself with financial advisers
who are too cozy with Wall Street, like Summers and
Geithner. It's time to direct the stimulus to the people
who need it, to those whose tax dollars are funding it.
Continue

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Will He Sell Himself Into His Own Defeat?

Obama and the Empire

By Bill and Kathleen Christison

There are indeed forces in both the United States
and Israel that want a clash of civilizations and are
definitely not against further wars, and these forces
are powerful. Obviously, the first nation to be
affected by implementation of this scenario would
be Iran. Continue

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The TALFBernanke's Witness Protection Program

By Mike Whitney

The TALF and the "Public-Private Partnership" are
another slap in the face of the international community.
They violate the spirit and the letter of the G-20
communique. It will be interesting to see if foreign
holders of US Treasurys endure this latest insult in
silence or if there's a sudden stampede for the exits.
There's a sense that the world is getting fed up with
the Fed's financial chicanery and would like to chart
a different course. Enough is enough. Continue

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The Financial Sector: "A House Burning Down"

Ben Bernanke’s False Analogy

By Prof. Michael Hudson

The bottom line is that the American public is being
fed a carefully crafted mythology (no doubt "market
tested" on "response groups" to see which images
fly best) to mislead the American public into
misunderstanding the nature of today’s financial
problem – to mislead it in such a way that today’s
policies will make sense and gain voter support.
Continue

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“Capitalism’s Self-Inflicted Apocalypse”

By Michael Parenti

The free market does not work. It’s not free. It’s
not really a market; it’s a plunder. And it has
to be done away with. Continue

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How The World Pimps America

How the US is shifting the financial crisis onto
the rest of the world

By Pepe Escobar

The US Treasury will borrow no less than one trillion
dollars from the developing world in 2009. It will
need even more in 2010. Pepe Escobar argues
the US is indeed in a privileged position: not only
it unleashes a global financial crisis, it then sucks
up money from all over the world, based on the
fact that the US in fact remains the "manager" of
choice of global capitalism. Continue

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Seven Avoidance Indicators

By Ralph Nader

If the Obamites do not act now when the political
time is ripest, to put into motion forces of
deterrence and prevention, the casino capitalists
of tomorrow will again be able to de-stabilize our
economy. Continue

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Obama's Economic Saviour Savaged as Keating Lets Rip

By Peter Hartcher

In sum, Tim Geithner is a gigantic fool, the IMF
the gun that can't shoot straight, Alan Greenspan
a bungler. The big US banks were run by the greedy
and the hopeless, the Australian banks by counterhopping
clerks. It's a world of many villains. And only one hero.
Continue

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Dollar Crisis In The Making

Before the stampede

By W Joseph Stroupe

Increasingly ominous clouds are gathering in what
could soon be the perfect storm against the United
States dollar and against the present dollar-centric
global financial order. Continue

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The US Is Facing a Weimar Moment

By Robert Freeman

The devastating collapse of the economy after
eight years of Republican rule has left the leadership,
policies, and ideology of the right utterly discredited.
But, as was the case with Germany in 1919,
Republicans do not intend to allow the new government
to succeed. They will do everything they can to
undermine it. If they are successful, the U.S. may
yet go the way of Weimar Germany. Continue

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Obama's No Socialist. I Should Know.

By Billy Wharton

Socialists know that Barack Obama is not one of
us. Not only is he not a socialist, he may in fact not
even be a liberal. Socialists understand him more
as a hedge-fund Democrat -- one of a generation
of neoliberal politicians firmly committed to free-
market policies. Continue

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Obedience to Authority in America

A Different Kind of Revolution:

By Mike Whitney

We're at war, and the enemy is not the government
per se, but the super-rich corporatists that run the
government and who prevent the economy from
serving human needs. Continue

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The American Rome Is Burning

So Let's Attack Iran

By Eric S. Margolis

Compared to America's titanic economic and financial
mess, whatever goes on in Tehran is of pipsqueak
magnitude. The real danger to America comes from
its Wall Street fraudsters, not from Tehran. Continue

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Homeless Tent Cities Springing Up In US

NBC News Reports

In Sacramento, California, tent cities populated by
the recently homeless have begun springing up in
a scene reminscent of the Hoover ear. This is yet
another sign og bad economic times, and reflects
the need for change, not based on ideology, but
on the practical needs of the people. Continue

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Exposed Cheney Assassination Squads

By Eric Black

MSNBC reported that Seymour Hersh has uncovered
evidence that Vice President Cheney operated secret
assassination squads out of the White House by using
military personnel without the knowledge of the CIA.
Continue

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The War is Not Over

By John Ross

The first step in this charade of false closure is
Obama's drawdown. The next is to make the citizens
of the occupying power forget Iraq ever happened -
a brainwashing that has been in process since the
success" of Bush's "surge." One problem though: how
do you brainwash the brain dead? Continue

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Haircut Time For Bondholders

By Mike Whitney

When George Soros recently said that the financial
system had "effectively disintegrated", it caused quite
a flap. But Soros was not exaggerating. The financial
system has disintegrated. What we are experiencing
now is just the fallout from that event. Continue

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Reforming the Global Financial System

Flushing the Parasites

By Nikki Alexander

Why rob just one bank when you can rob the whole
nation? And why rob just one country when you
can rob them all? Flushing the global economy of
this systemic parasite begins with understanding
how its debilitating web of debt is manufactured.
Continue

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The American Criminal Injustice System

By Paul Craig Roberts

The US has the highest incarceration rate and
the biggest prison population of any country in the
world. With 5 percent of the world’s population,
the US has 25 percent of the world’s prison inmates.
Continue

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Imagine

By Ron Paul

Imagine for a moment that somewhere in the
middle of Texas there was a large foreign military
base, say Chinese or Russian. Imagine that thousands
of armed foreign troops were constantly patrolling
American streets in military vehicles. Imagine they
were here under the auspices of “keeping us safe”
or “promoting democracy” or “protecting their
strategic interests.” Continue

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US Recession Could Last Up to 36 Months: Roubini

By Jane Wells

The man who predicted the current financial crisis
said the US recession could drag on for years
without drastic action. Among his solutions: fix
the housing market by breaking "every mortgage
contract." Continue

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Dmitry Orlov: Social Collapse Best Practices

Video and Transcript

The mid-1990s all sorts of silly things were happening.
Professor Fukuyama told us that history had ended,
and so we were building a brave new world where the
Chinese made things out of plastic for us, the Indians
provided customer support when these Chinese-made
things broke, and we paid for it all just by flipping
houses, pretending that they were worth a lot of money
whereas they are really just useless bits of ticky-tacky.
Continue

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Debt Relief and Regulation

By Mike Whitney

Confidence is not built on inspiring oratory or personal
charisma, but concrete actions to reestablish a rules-
based system that penalizes crooks and fraudsters.
Recovery isn't possible without a strong commitment
to these basic changes. Continue

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This Is What A Financial Collapse Looks Like

Argentina's Economic Collapse Video

Documentary on the events that led to the economic
collapse of Argentina in 2001 which wiped out the
middle class and raised the level of poverty to 57.5%.
Central to the collapse was the implementation of
neo-liberal policies which enabled the swindle of
billions of dollars by foreign banks and corporations.
Continue

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The U.S. Financial System Is Effectively Insolvent

There is a grave risk of a global L-shaped depression.

By Nouriel Roubini

Even with the $2 trillion of government support, most
of these financial institutions are insolvent, as delinquency
and charge-off rates are now rising at a rate--given the
macro outlook--that means expected credit losses for
U.S. financial firms will peak at $3.6 trillion. So, in simple
words, the U.S. financial system is effectively insolvent.
Continue

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The Big Dither

By Paul Krugman

Mr. Obama's failure to match his words with deeds.
The reality is that when it comes to dealing with
the banks, the Obama administration is dithering.
Policy is stuck in a holding pattern. Continue

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Smart Is The New Stupid

By David Michael Green

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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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And last, but not least: George Carlin videos. Check them out...!

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A TRIBUTE TO ROBERT LUDLUM BY F. SCOTT SINCLAIR

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Sunday, March 08, 2009

LOVING KINDNESS: THAI STYLE. LOVE BEYOND THE LIMITATION OF WORDS TO SHOW RESPECT TO THOSE WHO HAVE JOURNEYED THROUGH LIFE BEFORE US: OUR ANCESTORS



Copyright (C) 2009 by F. Scott Sinclair. All Rights Reserved. Click on the picture if you would like to enlarge it.

Thailand is predominantly a Buddhist country, and as you can see by the miniature Buddhist shrine, foreigners and Thais alike love Buddhism immensely. Thais (and foreigners) commemorate the lives of the dearly departed: their ancestors and beloved ones who've left planet earth to embark on a new journey, to the hereafter. Yearly, a special ceremony is done out of love, and respect for the departed, whereby monks perform an annual ceremony to pray for the souls of their ancestors. To respect the departed is a lovely jesture and maintains the family link between the living and the deceased. Loving kindness, that it is... Amen.

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Sunday, February 15, 2009

WHO'S INSOLVENT...! NAH, YOU'RE KIDDING. DIDN'T YOU KNOW THAT "BANKS" HAVE ALWAYS BEEN LEGALLY INSOLVENT? IT'S TRUE. THEY ONLY HAVE 5% MAX. ON HAND...


Copyright (C) 2009 by F. Scott Sinclair. All Rights Reserved. Please click on the photograph to enlarge the picture. It's a pleasant experience to wander about the Nan River on a typical sun clad day. Resting and relaxing on a floating restaurant at noon is quite a spectacular experience. After sipping a cold brew, or cool Pepsi, it's refreshing and peaceful to soak in the lovely scenery...including the Buddhist temple across the river. At nighttime, you can stroll along the concrete sidewalk down the river to the local Night Bazaar and have dinner by the river, or listen to hawkers selling their wares. Or just people watch, if nothing else. A nice way to let the woes of the real world float away: out of sight, out of mind.
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Large U.S. Banks on Brink of Insolvency, Experts Say

By Steve Lohr

Some of the large banks in the United States, according
to economists and other finance experts, are like dead
men walking. A sober assessment of the growing
mountain of losses from bad bets, measured in today's
marketplace, would overwhelm the value of the banks'
assets, they say. The banks, in their view, are insolvent.
Continue

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The Oligarchy's Bailout Ball

You know what they say -- half a million dollars just doesn't
go as far as it used to.
By Michael Winship
"These guys won't be happy until the government agrees to relieve
them of every last one of their lousy loans and investments
at inflated prices, recapitalize every major bank and
brokerage and insurance company on sweetheart terms
and restore them to the glory days, so they can once
again earn inflated profits and obscene pay packages by
screwing over their customers and their shareholders."
Continue

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Looting Social Security

By William Greider

To understand the mechanics of this attempted swindle,
you have to roll back twenty-five years, to the time
the game of bait and switch began, under Ronald Reagan.
Continue

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Worst Than The Great Depression?

' Worst Economic Collapse Ever' Must Watch 11 Minute Video

In 2009 were going to see the worst economic collapse ever,
the Greatest Depression, says Gerald Celente, U.S. trend
forecaster. He believes its going to be very violent in the
U.S., including there being a tax revolt. Continue

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Who is Pulling Geithner’s Strings?

By Cliff Kincaid

Treasury Secretary Timothy Geithner on Tuesday
carefully read from a teleprompter and provided
what his flack said was a “comprehensive” plan. It
was not comprehensive in any way. It seemed so
amateurish and shallow that the market dropped
and commentators and senators were almost
incredulous at the lack of detail. Continue

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Obama’s voodoo economics

Deficit Nonchalance

By Paul Craig Roberts

The fiscal year 2009 federal budget deficit that
Obama is inheriting, and adding to, will be ten
times larger in absolute terms than Reagan’s
biggest and a much larger share of GDP in
up no alarms. Continue

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Obama, like Bush, is Throwing Public Money into a Black Hole

By Prof. Rodrigue Tremblay

Tuesday, February 10, may be the date when the
U.S. economy officially entered into an economic
depression. This was when President Obama's Treasury
Secretary, Timothy Geithner, announced that
the Obama administration was about to expand
Bush's Secretary Paulson's $700-billion plan to
rescue large U.S. banks from insolvency. Continue

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Geithner's Debut: "Not Ready for Prime Time"

By Mike Whitney

Tuesday was Treasury Secretary Timothy Geithner's
coming out party. He was supposed to outline
Obama's Financial Stability Plan to the Senate
Banking Committee. Wall Street was looking for
clarity, but it didn't get it. Instead, they got 25
minutes of political posturing and blather. The
markets went into freefall. By the end of the day,
the Dow was down 382 points. It was a complete
fiasco. Continue

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Serve Republicans For Breakfast,Don’t Take Them To Dinner

By David Michael Green

Pogressives who believed Obama might be the
second coming of Bobby Kennedy are rapidly
being disabused of their fantasies. Continue

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Fixing the Economy: Of Fences and Futures

By Robert Freeman

To attract the money to run the government,
the Treasury will have to raise interest rates
on government bonds to stratospheric levels.
This will kill off any possible recovery, consigning
the U.S. economy to a self-reinforcing downward
spiral of insufficient demand, inadequate investment,
crumbling infrastructure, declining productivity,
and competitive obsolescence. Continue

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The Recovery Plan From Hell

What Wall Street Wants

By Michael Hudson

Tuesday’s announcement of the Obama-Geithner
recovery plan is basically an extension of the
Bush-Paulson plan – yet more giveaways to
financial insiders, with a view to concentrating
the U.S. banking system into a cartel of just a
few large banks. Continue

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Capitalism’s Self-inflicted Apocalypse

By Michael Parenti

If the paladins of Corporate America want to
know what really threatens “our way of life,”
it is their way of life, their boundless way of
pilfering their own system, destroying the
very foundation on which they stand, the
very community on which they so lavishly
feed. Continue

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IT COULDN'T HAPPEN HERE

BY TED RALL

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By Mike Whitney
The global economy is decelerating at the
fastest pace on record. 40 percent of global
wealth has been wiped out. The banking system
is insolvent, unemployment is soaring, tax
revenues are falling, the markets are in shock,
housing is crashing, deficits are soaring, and
consumer confidence is at its lowest point in
history. Continue
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In an age of illusion, the guise of truth is often heresy
By Darryl Schoon
The fact that in 2008 bankers became victims
in the game they created has profound implications
for capitalism itself. Capitalism, which began
in 1694 with the issuance of debt-based money
from The Bank of England, has now over three
hundred years later reached its last and final
stage. Continue
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As The Economic Situation Declines, He Has To
Stop Centrist Diddling
By Danny Schechter
Today, we seem to be at the beginning of a new civil
war, a great economic war with fresh details trickling
out every day about how bad it is, and how bad it may
get. Many banks are insolvent and companies bankrupt.
Millions are out of work. No one knows what will happen.
Even as the Stimulus bill was passed, no one is confident
it will stem the tide of economic decline. Continue
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By Joe Brewer
It's time to tell the truth about tax cuts. This phrase
dominates political discourse and is coughed out
every time a conservative public figure opens his
mouth. It is treated like the basis of sound reasoning,
yet no one points out what should be obvious - that
"tax relief" and "tax cuts" are just code words for
destroying the capacity of government to serve the
public. Continue
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By Robert Reich
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By William Rivers Pitt
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By Gary Kamiya
2008 was the worst year in history for newspaper
publishers, with shares dropping a stunning 83
percent on average. Newspapers lost $64.5 billion
in market value in 12 months. Continue
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By Martin Jacques
The business and political elite are flying blind.
This is the mother of all economic crises. It has
barely started and remains completely out of
control. Continue
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Bill Moyers interviews former chief economist of the
International Monetary Fund (IMF)Must watch / read
video and transcript"There comes a time in every
economic crisis, or more specifically, in every struggle
to recover from a crisis, when someone steps up
to the podium to promise the policies that — they
say — will deliver you back to growth. The person
has political support, a strong track record, and
every incentive to enter the history books. But
one nagging question remains. Can this person,
your new economic strategist, really break with
the vested elites that got you into this much
trouble?" Continue
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Geithner gets the keys to the henhouse
By Mike Whitney
Geithner did us all a big favor on Tuesday by
exposing himself as a stooge of the banking
industry. Continue
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By Paul Craig Roberts
The Bush/Obama bailout/stimulus plans are not going
to work. Both are schemes hatched by a clique of
financial insiders. The schemes will redistribute
income and wealth from American taxpayers to
the shyster banksters, who have destroyed American
jobs, ruined the retirement plans of tens of millions
of Americans, and worsened the situation of millions
of people worldwide who naively trusted American
financial institutions. Continue
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By Tom Whitehead
Dame Stella Rimington, the former head of MI5,
has warned that the fear of terrorism is being
exploited by the Government to erode civil
liberties and risks creating a police state. Continue
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of Living Permanently Changed
VIDEO
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and Two Dozen People Power the Web Giant
VIDEO
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Finance Capitalism Hits a Wall
By Prof. Michael Hudson
The financial “wealth creation” game is over. Economies
emerged from World War II relatively free of debt,
but the 60-year global run-up has run its course.
Finance capitalism is in a state of collapse, and
marginal palliatives cannot revive it. The U.S.
economy cannot “inflate its way out of debt,” because
this would collapse the dollar and end its dreams of
global empire by forcing foreign countries to go their
own way. Continue
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Greed and Corruption Jailing Kids for Cash
By Amy Goodman
As many as 5,000 children in Pennsylvania have been
found guilty, and up to 2,000 of them jailed, by two
corrupt judges who received kickbacks from the
builders and owners of private prison facilities
that benefited. The two judges pleaded guilty in a
stunning case of greed and corruption that is still
unfolding. Continue
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Late Night Political Jokes - Late Night Jokes Updated Daily

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QUOTE:

PHOTOGRAPHY BY NOVELIST F. SCOTT SINCLAIR

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QUOTE:

A CONVENIENT (I HOPE) TABLE OF CONTENTS OF
F. SCOTT SINCLAIR'S NOVELS
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Friday, January 09, 2009

ARE YOU AN INFORMED AMERICAN...? IF THE TRUTH BE KNOWN, I DOUBT IT.

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

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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

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Open Letter to Fellow Christians

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Most Economists Understand Neither The Cause of
Nor The Solution To The Financial Crisis

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Kissinger Calls For New International System Out
Of World Crises

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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

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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

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Ancient Root of All Evil Bears Fruit With Fed

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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

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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

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A Great Gettin' Up Morning

by: William Rivers Pitt

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Keith Olbermann On Cheney Bush Record

1 Minute Video

Click to view

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"This Land Is Your Land" Like Woody Wrote It

by: Tommy Stevenson

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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

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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

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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

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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

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QUOTE:

ONLY ONE SOLUTION

Soak the Rich, Corporations

BY TED RALL

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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

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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

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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

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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

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QUOTE:

History Cannot Save Him

by: Helen Thomas

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Yes, We Can Make the Stimulus More Stimulating

by: Dean Baker

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Wall Street Robber Barons Ride Again

by: Robert Scheer

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The Most Ridiculous Speech of All

by: William Rivers Pitt

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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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QUOTE:

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

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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

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QUOTE:

MY (OBSERVATIONAL GENIUS) HERO: ANDY ROONEY

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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...

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



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QUOTE:

PEOPLE TO WATCH

Nuriel Roubini

For Dr. Doom, a Crash Worthy of His Warnings


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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



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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

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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



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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



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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

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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

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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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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

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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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QUOTE:

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

by Ann Wright

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QUOTE:

China's Consumers: Not Ready to Save the World

By Jessie Jiang / Tianjin

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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

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