This is Congressman Alan Grayson questioning / grilling Federal Reserve Chairman Ben Bernanke on $550B of loans to foreigners (or ‘central liquidity swaps’ in Federal Reserve-ese’). [youtube]n0NYBTkE1yQ[/youtube] Which financial institutions received this money? Bernanke’s answer: I don’t know. As the Fed was lending this money, the dollar increased by 30% […]
Economics
Some firefighters turned in their helmets and police officers their badges Tuesday as part of deep municipal layoffs destined to further erode the quality of life in Camden, New Jersey. already one of the nation’s most impoverished and crime-ridden cities.
END:CIV examines our culture’s addiction to systematic violence and environmental exploitation, and probes the resulting epidemic of poisoned landscapes and shell-shocked nations. [youtube]b0ErwcSlM8A[/youtube] Based in part on Endgame, the best-selling book by Derrick Jensen, END:CIV asks: “If your homeland was invaded by aliens who cut down the forests, poisoned the […]
[youtube]zpbW64vRrMc[/youtube] The Federal Reserve is one of the most powerful and secretive institutions in Washington, long considered beyond the reach of lawmakers. But now, as details emerge of how the Fed secretly doled out more than a trillion dollars during the financial crisis, a rare bipartisan movement in Congress demands […]
Banks repossessed a record one million US homes in 2010, and could surpass that number this year, figures show. Foreclosure tracker RealtyTrac said about five million homeowners were at least two months behind on their mortgage payments. Read the rest here
Power does not rest with the electorate. It does not reside with either of the two major political parties. It is not represented by the press. It is not arbitrated by a judiciary that protects us from predators. Power rests with corporations. And corporations gain very lucrative profits from war, […]
Boycott Divestment and Sanctions is a two-edged sword, bringing relief to starving Gazans, and starvation to the occupier. It was almost exactly two years ago that Israel launched its invasion of Gaza, carrying out 22 days of murder and mayhem, killing 1400 and leaving 5400 civilians crippled for life.
[ … & I’m sure that there’s probably more … ] [ … & if you had been paying attention at the time to ‘The Destruction Of Iraq’ ( 2003 ~ ongoing ) Then – yes – you would know the answer to the question posed in the tweaked […]
With so much misinformation circulating in different media outlets around the world about Venezuela and President Hugo Chavez, it’s time to set the record straight. Venezuela is not a dictatorship and President Chavez is no dictator. [ and this video and the article below : is how come. ] Read […]