USA

Montag, 20. Juli 2009

The Fed is the black hole of our democracy

http://www.ufppc.org/content/view/8855/


Informant: jensenmk

From ufpj-news



http://freepage.twoday.net/search?q=Federal+Reserve
http://freepage.twoday.net/search?q=William+Greider

The placebo president

CounterPunch

by Missie Beattie

07/19/09

Barack Obama entered DC, riding a hope train. Spirits soared all over the globe. Supporters were high with the drug of anticipation, an injection to heal a sick country. Almost immediately after taking the oath, Obama began to reject his promises. Clearly, the Obama cure is just a placebo...

http://counterpunch.org/beattie07172009.html



Many predict US financial collapse in September

Heny Makow.Com
by Charles

07/18/09

Let us contemplate the day in the near future when the consequences of financial chicanery finally outpace the ability of the governments, central banks and big media to cover up and obfuscate the truth. Many respected voices have now gone on record that September 30 or thereabouts will be that day...

http://www.henrymakow.com/perhaps_we_should_prepare_for.html



Government monopolies really “stink!”

Strike the Root
by Patrick Ryan O'Neill

07/17/09

After centuries of man’s need to control individuals that they group into packs, society still insists on the draconian method of force and subsidizing unproductive institutions in order to solve economic or social problems — solutions that do not solve the problems and cause greater social and economic problems in return...

http://www.strike-the-root.com/92/oneill/oneill1.html



What can failures teach us?

Boston Globe
by Andrew Lippman

07/19/09

Our institutions are cracking at the edges. Each day, we hear about another failure that causes us to question the role and efficacy of government, industry, and social structures. But all too often the debate focuses on the specific problems of a particular sector … On closer examination, we can identify a consistent set of causes that apply across the board. The first systemic problem is simply a matter of scale. Too many organizations have grown without limit … and no correction has been made to accommodate their size. This is a common problem in engineering: We design things with some implicit size in mind, and then are expected to extend that design bit by bit until the parameters are so out of whack that the whole enterprise collapses...

http://tinyurl.com/nwly66


Informant: Thomas L. Knapp

--------

Obama and the Bush Years

Doyle McManus, The Los Angeles Times: "Whenever he's asked about the scandals of America's war on terror - the torture, the wrongful detentions, the legal corners cut - President Obama has responded with some version of this statement: 'We have to focus on getting things right in the future as opposed to looking at what we got wrong in the past.'"

http://www.truthout.org/071909U?n



http://freepage.twoday.net/search?q=Obama
http://freepage.twoday.net/search?q=what+change
http://freepage.twoday.net/search?q=Bush+legacy
http://freepage.twoday.net/search?q=global+war+on+terror
http://freepage.twoday.net/search?q=torture
http://freepage.twoday.net/search?q=detention
http://freepage.twoday.net/search?q=financial+collapse
http://freepage.twoday.net/search?q=Missie+Beattie
http://freepage.twoday.net/search?q=Patrick+Ryan+O'Neill
http://freepage.twoday.net/search?q=Andrew+Lippman
http://freepage.twoday.net/search?q=Doyle+McManus

Billions in government cash behind Goldman’s “profits”

AlterNet
by Matt Taibbi

07/17/09

So what’s wrong with Goldman posting $3.44 billion in second-quarter profits, what’s wrong with the company so far earmarking $11.4 billion in compensation for its employees? What’s wrong is that this is not free-market earnings but an almost pure state subsidy. Last year, when Hank Paulson told us all that the planet would explode if we didn’t fork over a gazillion dollars to Wall Street immediately, the entire rationale not only for TARP but for the whole galaxy of lesser-known state crutches and safety nets quietly ushered in later on was that Wall Street, once rescued, would pump money back into the economy, create jobs, and initiate a widespread recovery. This, we were told, was the reason we needed to pilfer massive amounts of middle-class tax revenue and hand it over to the same guys who had just blown up the financial world. We’d save their asses, they’d save ours. That was the deal. It turned out not to happen that way...

http://tinyurl.com/l3x9pv


Informant: Thomas L. Knapp

--------

Goldman and JPMorgan - The Two Winners When the Rest of America Is Losing

Robert Reich, Robert Reich's Blog: "Besides Goldman Sachs, the Street's other surviving behemoth is JPMorgan. Today it posted second-quarter earnings up a stunning 36 percent from the first quarter, to $2.7 billion. The resurgence of JPMorgan and Goldman Sachs gives both banks more financial clout than any other players on the Street - allowing both firms to lure talent from everywhere else on the Street with multi-million pay packages, giving both firms enough economic power to charge clients whopping fees, and bestowing on both firms even more political heft in Washington."

http://www.truthout.org/071909T?n



http://freepage.twoday.net/search?q=Paulson
http://freepage.twoday.net/search?q=Goldman+Sachs
http://freepage.twoday.net/search?q=JPMorgan
http://freepage.twoday.net/search?q=Wall+Street
http://freepage.twoday.net/search?q=TARP
http://freepage.twoday.net/search?q=taxpayer
http://freepage.twoday.net/search?q=Matt+Taibbi
http://freepage.twoday.net/search?q=Robert+Reich+Blog

RFID chips: Saving you or enslaving you?

Dallas Libertarian Examiner
by Garry Reed

07/19/09

American government controlcrats are absolutely in love with RFID chips. They want to embed radio-frequency identification (RFID) tags in everything, passports, ‘enhanced’ driver’s licenses (ELD), PASS cards required for travel to nearby countries, other types of identity documents and credentials, and in the ears of all farm animals (but that latter is an article for another day). The justification for all of this emanates from Homeland Security. They just want to speed up border crossings, foil counterfeiters and identity thieves, and keep terrorists from sneaking into the country. But that’s just the ‘for your own good’ news. One major drawback is that GPS-equipped ’spy chips’ make everyone trackable without their knowledge...

http://tinyurl.com/lotkut


Informant: Thomas L. Knapp

--------

George Orwell's Animal Farm

Video

Animated barn animals act out human faults in life and politics in Orwell's captivating tale.

http://www.informationclearinghouse.info/article24368.htm



http://freepage.twoday.net/search?q=spy+chips
http://freepage.twoday.net/search?q=driver+license
http://freepage.twoday.net/search?q=Homeland+Security
http://freepage.twoday.net/search?q=farm+animals
http://freepage.twoday.net/search?q=Garry+Reed

Government is not society

The Liberty Papers
by tarran

07/18/09

One of the most pernicious beliefs held by Americans is the conflation of the state with society. This belief is causing them acquiesce to government actions that threaten the destruction of American civilization if not stopped...

http://www.thelibertypapers.org/2009/07/18/government-is-not-society/


Informant: Thomas L. Knapp



http://freepage.twoday.net/search?q=tarran

Hate Crimes: The Lesson Unlearned

http://www.lewrockwell.com/clancy/clancy15.1.html



http://freepage.twoday.net/search?q=hate+crimes
http://freepage.twoday.net/search?q=/clancy

Fiscal Ruin of the Western World Beckons

http://www.lewrockwell.com/orig10/evans-pritchard7.html



http://freepage.twoday.net/search?q=evans-pritchard

Sonntag, 19. Juli 2009

TARP Watchdog Says Treasury Lacking Bank Data

Silla Brush, The Hill: "The top watchdog over the financial bailout package said the Treasury Department is rejecting 'common sense' by not requiring banks receiving billions of dollars in government money to say how they are using the money. In a report to be released on Monday, Neil Barofsky said banks that have received money from the $700 billion bailout package passed last year are able to indicate how they are using taxpayer money and that Treasury should require banks to be more transparent."

http://www.truthout.org/071909E?n



http://freepage.twoday.net/search?q=TARP
http://freepage.twoday.net/search?q=Treasury
http://freepage.twoday.net/search?q=bailout
http://freepage.twoday.net/search?q=taxpayer
http://freepage.twoday.net/search?q=Silla+Brush

Fifty thousand General Motors retirees face destruction of benefits

The bankruptcy of General Motors, and the organization of a "new" auto company in its place, is being carried out at the expense of tens of thousands of active and retired auto workers, along with dealerships, other small businesses, and entire communities.

http://wsws.org/articles/2009/jul2009/auto-j17.shtml



Unemployment tops 10 percent in 16 states in June

The national unemployment rate is 9.5 percent, a 26-year high, and is expected to hit 10 percent by year-end.

http://www.breitbart.com/article.php?id=D99G8T580&show_article=1


From Information Clearing House



http://freepage.twoday.net/search?q=General+Motors
http://freepage.twoday.net/search?q=retiree
http://freepage.twoday.net/search?q=bankruptcy
http://freepage.twoday.net/search?q=unemploy

Mr. President, we are still torturing?

Padilla vs. Yoo: An Update

There are two interesting developments in Jose Padilla's lawsuit against former Justice Department lawyer John Yoo, who was one of the authors of the infamous torture memos.

http://freedetainees.org/6218



Mr. President, we are still torturing?

The Bagram detention center itself has continued to operate with currently more than 600 prisoners and is being planned to expand its capacity to more than 1,100 as President Obama sends more troops into Afghanistan.

http://www.cato.org/pub_display.php?pub_id=10361



Caught on Camera

40 prison guards kick and punch juvenile inmates... already handcuffed
http://snipurl.com/nioo7


From Information Clearing House



http://freepage.twoday.net/search?q=Obama
http://freepage.twoday.net/search?q=Bagram
http://freepage.twoday.net/search?q=Jose+Padilla
http://freepage.twoday.net/search?q=John+Yoo
http://freepage.twoday.net/search?q=torture
http://freepage.twoday.net/search?q=Nat+Hentoff

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