Watch the whole thing on pootube
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The United States’ intervention in Africa is driven by America’s desire to secure valuable natural resources and political influence
that will ensure the longevity of America’s capitalist system,
military industrial complex,
and global economic superiority
– achieved through the financial and physical control of raw material exports.
While America’s prosperity may be waning due to [...]
3.5 millon children at risk , economy and exports to contract as losses could exceed $10bn
Pakistan seeks restructuring of $10bn IMF loan as the United Nations urges help and raises $500 million
Given the initial reports about crop and other losses,
it now appears that Pakistan’s economy may contract in the next twelve months
and total [...]
First short from America film maker Jeff Fowler. Created 2004.
Won Best Short Film For Children at 2005’s Ottawa International Animation Festival.
Nominated for the Best Short Animated Film 2005
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After Iceland’s near-economic collapse laid bare deep-seated corruption,
the country aims to become a safe haven for journalists and whistleblowers from around the globe by creating the world’s most far-reaching freedom of information legislation.
The project is being developed with the help of WikiLeaks founder Julian Assange.
It flies in the face of a [...]
[ Depeche Mode probably would, too ]
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The United States by every measure is hanging on by a thread to its First World status.
[ ... which is just what happens when someone decides to export your consumer manufacturing
and automotive industries to the asian continent,
all the while charging you interest on debt that is created out of thin air ] [...]
After some interesting intro material, Max Kaiser talks with William Black.
Hang in for that.
In just a few minutes you’ll learn more about the REALITY of the US financial system than you could get from a Harvard MBA.
Video:
http://www.brasschecktv.com/page/913.html
Best line:
“American business schools have all to often become fraud factories.”
Manufacture profits with doctored accounting so the CEO can [...]
Source: thestreet.com
NEW YORK – It may just be the summer doldrums, or the ominous occurrence of a Friday the 13 in mid-August, but the Hindenburg Omen — a technical indicator of an impending stock market crash — is suddenly as important a market mover as testimony from Federal Reserve chairman Ben Bernanke.
The blog Zero Hedge, [...]
[ h / t : wrh ]
As far as the U.S. is concerned, the financiers will have used us for a century, then thrown us in the trash.
The U.S. may well be replaced by China, which the financiers seem to be grooming as the world’s next military enforcer.
China has the advantage of [...]
Since nixon’s evaporation of the gold standard, the US currency has been backed by little more than confidence.
Confidence in the people’s lack of understanding of the monetary system that is.
The federal reserve is not federal, it is privately owned.
They can lend multiples of what exists in reserves, under fractional reserve banking.
They [...]
Government statisticians have put a number on Californians’ paycheck pain last year: about $40 billion.
The federal Bureau of Economic Analysis said personal incomes of Golden State workers fell by that amount in 2009 compared with the previous year – the state’s first year-to-year decline since World War II. In the Sacramento region, income [...]
“Truth persists and illuminates, even if there is no one to utter it.“
Government is not the solution; rather, it is causing the problems.
The below slides (view at Scribd, backup PDF) highlight the economic situation,
updated from a May presentation.
I’ve written about the solutions to the unemployment problem, the deficit, Social Security,
and the high costs of health [...]
Unregulated profit-seeking corporations cannot be trusted to protect the Public,
because their main objective is to make profits,
not to be a do-gooder for the Public.
Whenever profit-making conflicts with the Public interest, profit-making wins!
Thus they become Predators on the Public, not Protectors of the Public.
This is not a radical idea, but an obvious fact, if you think [...]
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Hossein Askari is a professor of international business and international affairs at George Washington University,
and Noureddine Krichene is an economist with a PhD from UCLA,
which I mention to establish their credentials,
since some bozo from the Federal Reserve created a stir when he said,
with a sniff of condescension and smugness,
that nobody should comment [...]
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Another gem from Paul Craig Roberts, even if a bit nauseating. – Ed.
August 2, 2010 1:12:26 AM
Chelsea’s Wedding:
Let Them Eat Cake
By PAUL CRAIG ROBERTS
It is not unusual for members of the diminishing upper middle class to drop $20,000 or $30,000 on a big wedding. But for celebrities this large sum wouldn’t cover the wedding dress [...]
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I just got off the horn with the Ruling Elite.
We had an emergency conference call and to tell you the truth, they ain’t happy.
You little people are not responding the way you are supposed to.
A significant portion of you are not getting more optimistic because they tell you to.
Instead of just reading the headline on Bloomberg that [...]
Al Jazeera English
Interesting show this one, caught an episode today where they were discussing the need for a global government, like it was no big thing… yikes.
I’ll endeavour to post it when it makes it into the “pipes and dump-tucks” of internet land.
Here is a good intro but Its all propaganda at the end of [...]
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Fears are growing for an economy carrying a 9.5% jobless rate and a predicted $4tn in excess mortgage debt
Source: guardian.co.uk/business/
A crippled housing market. Stubbornly high levels of unemployment. Falling consumer confidence. Slower growth in industrial production. No wonder Ben Bernanke, the world’s most powerful central banker, appeared a worried man in his testimony to Congress about [...]
Muhammad Rafeeq Banking Consultant and Internet radio broadcaster
A Banking Management consultant who has experience in the City going back over 20 years.
He began his City career in the discount houses, who traditionally facilitated the issuance of the British national debt through UK Treasury bills and UK [...]
Goldman Sachs sent $4.3 billion in federal tax money to 32 entities, including many overseas banks, hedge funds and pensions, according to information made public Friday night.
Read the rest here
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Ouchie
The New Pentagon Papers:
WikiLeaks Releases 90,000+ Secret Military Documents Painting Devastating Picture of Afghanistan War
It’s one of the biggest leaks in US military history. More than 90,000 internal records of US military actions in Afghanistan over the past six years have been published by the whistleblower website WikiLeaks.
The documents provide a devastating portrait of the [...]
The editors of The Daily Bell are pleased to present this exclusive interview conducted by Scott Smith with Web of Debt author Ellen Brown.
Introduction: Ellen Brown developed her research skills as an attorney practicing civil litigation in Los Angeles. In Web of Debt, her latest book, she turns those skills to an analysis of the [...]
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