Category Archives: Business / Economics

Business and Economics

How Democratic & Republican Party Chiefs Work to Deceive the U.S. Public

Eric Zuesse An organization that typically promotes the Republican propaganda agenda received information from the Democratic Obama Administration, and they publicized information from it that concerned the 2012 Benghazi attack, which was a failure by the State Department — something … Continue reading

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Researchers Predicted In 1971 that Debit Cards Would Become the Ultimate Spy Tool

We noted in 2013: The Wall Street Journal reported that the NSA spies on Americans’ credit card transactions. Senators Wyden and Udall – both on the Senate Intelligence Committee, with access to all of the top-secret information about the government’s … Continue reading

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“Fast Track” Violates the U.S. Constitution

U.S. Constitution, Article 2, Section 2, #2: “The President … shall have power, by and with the advice and consent of the Senate, to make treaties, provided two thirds of the Senators present concur.” —— Eric Zuesse The Constitution’s two-thirds … Continue reading

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How the Media Deceive the Public about “Fast Track” and the “Trade Bills”

Eric Zuesse The way that “Fast Track” is described to the American public is as an alternative method for the Senate to handle “Trade Bills” (TPP & TTIP) that the President presents to the Senate for their approval; and this … Continue reading

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Secretary of State John Kerry v. His Subordinate Victoria Nuland, Regarding Ukraine

Eric Zuesse U.S. Secretary of State John Kerry, on May 12th, responding to Ukrainian President Petro Poroshenko’s assertions that Ukraine will retake Crimea and will conquer Donbass: “I have not had a chance – I have not read the speech. I haven’t seen any … Continue reading

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Big Banks Busted Massively Manipulating Foreign Exchange … And Every Other Market

Banks Rig Currency Markets It has long been known that currency markets are massively rigged. And see this, this, and this.  Indeed, not only do the banks share confidential information with each other … they also shared it with a … Continue reading

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OPINION: Is Israel America’s Friend? Or America’s Enemy?

Eric Zuesse Israel’s Prime Minister, Benjamin Netanyahu, has selected as his Minister of Justice a woman who has expressed hatred against all Palestinians, and he has appointed as his negotiator with the Palestians a man who said, and who has always … Continue reading

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Steve Forbes Put Me on His Spam List After I Submitted This Article to Him:

—— How Congressional Republicans Lie to Approve Obama’s Trade Deals Eric Zuesse Obama’s trade-deals — especially TPP with Asia, and TTIP with Europe — are so vicious against the American people, the Obama Administration has labeled the documents “Classified,” and … Continue reading

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The Debt To GDP Ratio For The Entire World: 286 Percent

By Michael Snyder. Did you know that there is more than $28,000 of debt for every man, woman and child on the entire planet?  And since close to 3 billion of those people survive on less than 2 dollars a … Continue reading

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Here’s How Your Senators Voted, in the Key Senate Vote to End American Democracy

Eric Zuesse The key vote, in the U.S. Senate, to transfer to international corporate panels America’s democratic national sovereignty over the laws and regulations on the environment, workers’ rights, consumers’ rights, and finance, was officially titled with the misleadingly unrelated phrase … Continue reading

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How America’s ‘News’ Media Killed America’s Democracy: TPP & TTIP

Eric Zuesse As I reported on Wednesday, a deal was worked out in the U.S. Senate on the early afternoon of May 13th to “Fast-Track” through to approval U.S. President Barack Obama’s proposed trade deals, TPP with Asia, and TTIP with … Continue reading

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“Free Trade” Run Amok: Canada Challenges U.S. Laws Reining In Banks

  We noted in 2013 that the Trans Pacific Partnership (TPP) would let big banks run amok, and would increase the cost of consumer loans. Ellen Brown asked last month: Under the TPP, could the US government be sued and … Continue reading

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Chief Economist for One of the World’s Largest Banks: “The World Economy Is Like An Ocean Liner Without Lifeboats. If Another Recession Hits, It Could Be A Truly Titanic Struggle For Policymakers”

HSBC is the world’s largest bank outside of the U.S. and China, the largest in the UK, and the 9th largest bank in the world overall. HSBC’s chief economist Stephen King wrote today in a note to clients: The world … Continue reading

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Democrats’ Cave-In on TPP and TTIP. Good-Bye Democracy.

Eric Zuesse On Wednesday afternoon, May 13th, a catastrophic failure became clear to the few honest Democrats who were determined to stop Obama’s disastrous ’trade deals’ which are actually going to transfer regulatory sovereignty away from elected government officials as … Continue reading

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Nazism of Ukraine’s Western-Backed Government Is Hidden by Western ‘News’ Media

Eric Zuesse The pro-Nazi core of the Ukrainian government that was installed by the U.S. in February 2014 is too well-documented to be denied, and so the West’s major propaganda media (self-styled as being ‘news’ media) instead simply hide it … Continue reading

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Big Defeat For Obama’s Fascist “Trade” Deal

Trans Pacific Partnership Petering Out The Senate just voted down fast-track authority for the tyrannical Trans Pacific Partnership deal. This is great news. Specifically, many have noted that the treaty is so bad that – if Americans knew what’s in … Continue reading

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Saudis Snub Obama Over Iran Deal

The U.S. is seeking a rapprochement with Iran over its nuclear program, potentially ending several decades of hostility. But while the U.S. is extending an open hand to Iran, other countries in the Middle East are casting a wary eye … Continue reading

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The Early Signs of Whom The Next U.S. President Will Likely Be

Presidential Polls Look Confusing Regarding Bernie, But Downright Bad Regarding Hillary & All Republicans Eric Zuesse The top thing that I look for in polling-results this early in a Presidential race, is the ratio of “Favorable” or “Positive,” to “Unfavorable” … Continue reading

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The Average Age Of A Minimum Wage Worker In America Is 36

By Michael Snyder. Did you know that 89 percent of all minimum wage workers in the United States are not teens?  At this point, the average age of a minimum wage worker in this country is 36, and 56 percent … Continue reading

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Why Hillary Clinton Would Be a Weak Presidential Nominee for Democrats

Eric Zuesse If Hillary Clinton wins the Democratic Presidential nomination, then how strong a candidate will she be against a Republican nominee who, as a representative of the conservative party, is proudly and openly supporting conservative positions? Taegan Goddard of … Continue reading

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German Firestorm Rises About Angela Merkel’s Lies

Eric Zuesse Starting on Friday May 8th, some German news media have been reporting on the release of previously secret emails from the office of the German Chancellor, Angela Merkel. These emails make clear that when her underlings have said, … Continue reading

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Life and Death On Wall Street

Janet Tavakoli has been one of the clearest voices on finance and banking for well over a decade. She wrote several books well before the 2008 crisis warning of the dangerous risks being taken by derivatives players, and has tirelessly … Continue reading

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Germany Getting In Early On This Major New Oil And Gas Opportunity

I’ve discussed before how one out-of-the-way nation is shaping up as a major petroleum opportunity. And this week we got confirmation that some important global players are moving to capitalize. The place is Iran. Where officials this week met with … Continue reading

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World’s Richest 80 People Own Same Amount as World’s Bottom 50%

Eric Zuesse Oxfam’s recent report, “WEALTH: HAVING IT ALL AND WANTING MORE” contains shocking figures that the press haven’t sufficiently publicized; so, the findings and the reliability of their sources will be discussed here. The results will then be related to the … Continue reading

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How the Media Misrepresent ‘Fast Track,’ TPP, & TTIP

Eric Zuesse Both conservative and liberal ‘news’ media misrepresent U.S. President Barack Obama’s proposed international trade-deals as if they were about only such things as lowering tariffs and reducing national trade-protectionism — which are relatively minor surface-features of these huge … Continue reading

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UN Lawyer Calls TTP & TTIP ‘a dystopian future in which corporations and not democratically elected governments call the shots’

Eric Zuesse The Obama-proposed international-trade deals, if passed into law, will lead to “a dystopian future in which corporations and not democratically elected governments call the shots,” says Alfred De Zayas, the UN’s Special Rapporteur on Promotion of a Democratic and … Continue reading

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CFR Says China Must Be Defeated, & TPP Is Essential to That

Eric Zuesse Wall Street’s Council on Foreign Relations has issued a major report, alleging that China must be defeated because it threatens to become a bigger power in the world than the U.S. This report, which is titled “Revising U.S. Grand … Continue reading

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Why The Powers That Be Are Pushing A Cashless Society

We Can’t Rein In the Banks If We Can’t Pull Our Money Out of Them Martin Armstrong summarizes the headway being made to ban cash,  and argues that the goal of those pushing a cashless society is to prevent bank … Continue reading

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Major Media Keep Propagandizing for Hillary Clinton

Eric Zuesse On Sunday May 3rd, Britain’s Guardian, which has major influence upon Democratic Party opinion-leaders, headlined “Clinton campaign keeps progressives guessing: how far left will she go?” Tom McCarthy ‘reported’ that:  “In three weeks of multi-format politicking – roundtables, speeches, fundraisers, mile markers … Continue reading

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How the Establishment Is Trying to Deep-Six Sanders’s Campaign

Eric Zuesse The Hillary Clinton campaign is now focusing its public pitch at liberal fools to get them to ignore her record and believe her words. Here are examples: The NBC ‘News’ political analyst (and perhaps a future President Clinton’s … Continue reading

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What the Media Get Very Wrong About ‘Socialism’ — And About Senator Sanders

Eric Zuesse On April 30th, Jonathan Cohn at Huffington Post provided a perfect example of what the media get wrong about the meaning of “socialism” — and about the meaning of the new U.S. Presidential candidate, Bernie Sanders.  Cohn’s report … Continue reading

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High Levels of Youth Unemployment – and Runaway Inequality – Cause Riots

Recipe For Disaster We’ve known for 1,900 years that runaway inequality destroys societies. The great American historian Will Grant wrote in 1969: In progressive societies the concentration[of wealth] may reach a point where the strength of number in the many … Continue reading

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Hillary Veers Left, to Head Off Sanders

Eric Zuesse In order to attract some of the liberal support that would otherwise go to Bernie Sanders, who is her new challenger for the 2016 Democratic Presidential nomination, Hillary Clinton is announcing that too many people are in U.S. … Continue reading

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The Hillary Balloon Has Already Popped

Wall Street Had Bet on a Loser How Much More Will They Bet on This Bad Candidate? Eric Zuesse http://elections.huffingtonpost.com/pollster/hillary-clinton-favorable-rating Here are the latest ten of those polls: Those net to 37% unfavorable and 16% favorable, over the ten polls, … Continue reading

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Have Natural Gas Prices Bottomed?

Last Friday we finally got confirmation of where all the natural gas supply has been coming from as Cabot (COG) reported its earnings. Just like Chesapeake (CHK), they reduced natural gas output, but on a much grander scale. CHK has … Continue reading

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Obama Fights to Spread GMO Foods Throughout Europe

Eric Zuesse One of the major barriers blocking U.S. President Barack Obama’s campaign for his mammoth international trade deals — the TTIP with Europe, and the TPP with Asia — is: other countries want the freedom to make up their … Continue reading

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What’s Obama Up to, with His TPP & TTIP?

Eric Zuesse The motivation behind U.S. President Barack Obama’s trans-Pacific trade-deal TPP, and his trans-Atlantic trade-deal TTIP — the motivation behind both of these enormous international trade-deals — is the same, and Democratic U.S. Senators Elizabeth Warren and Sherrod Brown … Continue reading

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11 Signs That We Are Entering The Next Phase Of The Global Economic Crisis

By Michael Snyder. Well, the Nasdaq finally did it.  It has climbed all the way back to where it was at the peak of the dotcom bubble.  Back in March 2000, the Nasdaq set an all-time record high of 5,048.62.  … Continue reading

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Mexicans Are Now Happier Than Americans

The World Happiness report finds that Mexicans are happier than Americans: How can this be possible? It might have something to do with the fact that social mobility is much lower in the U.S. than in many other developed countries, … Continue reading

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Is the U.S. a Force for Good in the World?

Eric Zuesse First of all, in terms of popularity worldwide, the U.S. is a mixed picture. A Gallup International poll of 65 countries, issued on 30 December 2013, found that:  “The US was the overwhelming choice (24% of respondents) for the country … Continue reading

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Are Leading Economists Corrupt, or Just Mind-Blowingly Ignorant?

Eric Zuesse Conservative economists favor Republican candidates because it’s the way for them to rise in power themselves, but what about ‘progressive’ economists: are they psychopaths, too; or do they instead blindly favor ‘Democratic’ candidates because of a sincerely oblivious … Continue reading

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Bad Guys Pushing THIS WEEK to Promote Global Tyranny Run By Corporations

Here’s How to STOP Them The powers-that-be are pushing this week to fast track a horrible treaty which would destroy America. The treaty is called the Trans Pacific Partnership (TPP). The U.S. Trade Representative – the federal agency responsible for … Continue reading

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The Founding Fathers Fought Against Inequality

George Washington, Thomas Jefferson, Alexander Hamilton, John Adams and James Madison Slammed Runaway Inequality The primary author of the Constitution – and later president – James Madison wrote: The great object [of political parties] should be to combat the evil: … Continue reading

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How America’s Aristocracy Extends Its Global Control

Eric Zuesse As has been well documented even by the BBC, in their 1992 classic documentary about the CIA’s (still-ongoing) Gladio Operation, America’s CIA basically took control of the international racist-fascist (i.e., ideologically nazi) movement after World War II, by protecting … Continue reading

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NATO Increasingly Surrounds the ‘Russian Threat’

Eric Zuesse On Saturday, April 18th, the Commander of  the U.S. Army in Europe, Ben Hodges, told Britain’s Telegraph  that “There is a Russian threat,” and that “The best insurance we have against a showdown is that NATO stands together.” … Continue reading

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How Trustworthy Are U.S. & Western ‘News’ Media?

Eric Zuesse During the days of the Soviet Union, and in all dictatorial countries, the ‘news’ media were and are actually propaganda-media, which filter out information that the aristocracy (the people holding the real power, which in the Soviet Union … Continue reading

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Bloomberg’s Mark Halperin: Wall Street Owns Hillary Clinton, But She Still Might Lose

Eric Zuesse On Bloomberg TV, the conservative political historian and journalist Mark Halperin says that Hillary Clinton’s populist and leftist statements don’t worry Wall Street — he even asserts (at 0:27 on the video), that “Wall Street won’t hold her … Continue reading

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How Reliable Is Reuters?

Eric Zuesse People see their own nation, and foreign nations, through the filter of the press that’s available to them; so, if that filter is systematically distorting (distorting in ways that most of the others similarly do), then democracy cannot … Continue reading

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U.S. Blocked Declaration of a Right to Health Care, Says Bolivia’s President

Eric Zuesse Bolivia’s President Evo Morales has blamed U.S. President Barack Obama for the failure of the recent OAS (Organization of American States) Summit of the Americas to issue a final declaration, and he says that a major sticking point … Continue reading

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Gallup: Americans Say Gov’t. Must Protect Environment More; Republicans Say ‘No!’

Eric Zuesse A Gallup poll issued on April 13th headlines “Americans Choose the Environment Over Energy Development,” and on April 9th another report from Gallup was titled “About Half in U.S. Say Environmental Protection Falls Short.” The bottom-line from both findings is that “the U.S. government” isn’t doing … Continue reading

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Is This the Start of WW III?

Kiev Breaks Minsk Agreement; Reinvades Donbass Eric Zuesse On the Friday before Russian Orthodox Easter, the Poroshenko-Yatsenyuk U.S-coup-installed Ukrainian Government attacks on all fronts on April 9th, to continue their extermination–campaign against the residents of the area, Donbass, that refuses to accept the coup-government that … Continue reading

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Ukraine Blocks 10,000 Websites, Confiscates a Newspaper

Eric Zuesse As I reported yesterday, the Security Bureau of Ukraine, on April 7th, had seized and disappeared two Odessa bloggers, who were trying to get an independent investigation, and ultimate prosecution, of the individuals who participated in the 2 May … Continue reading

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Crimes against Humanity: Ukraine President Poroshenko Keeps his Word: “We’ve Bombed the Schools”, Donbass Children Don’t go to School

Crimes against Humanity: Ukraine President Poroshenko Keeps his Word: “We’ve Bombed the Schools”, Donbass Children Don’t go to School By Olga Luzanova Global Research, April 01, 2015, reposted here by Eric Zuesse Slavyangrad Region: Russia and FSU Theme: Crimes against … Continue reading

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Ukraine ‘Disappears’ Regime Opponents

Eric Zuesse (Image of Big Brother by Joo Serk Lee) In Odessa — the same city where the Ukrainian civil war started on 2 May 2014 with a massacre of opponents that had been carefully planned by a team connected to … Continue reading

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5 Myths about Greece the Banksters need you to believe

By Stop Shouting. Greece’s Prime Minister Alex Tsipras will be heading to Moscow tomorow, and the legacy media that is the de facto public relations wing of the IMF and World Bank are in overdrive to continue to advance the … Continue reading

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How America Became an Oligarchy

By Ellen Brown. The politicians are put there to give you the idea that you have freedom of choice. You don’t. . . . You have owners.                           … Continue reading

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Ukraine’s Car-Production Plunges 96%; Many Banks Also Fail

Eric Zuesse On Tuesday April 7th, Ukravtoprome (the Ukrainian Association of Automobile Manufacturers) reported that, in the three-month period January-March 2015, as compared to the same three months of 2014, production of passenger cars plunged 96%, commercial vehicles 23%, buses 43%, for … Continue reading

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“The Chief Of The Fukushima Nuclear Power Station Has Admitted That The Technology Needed To Decommission Three Melted-Down Reactors Does Not Exist, And He Has No Idea How It Will Be Developed”

Containing Fukushima Is Beyond Current Technology Preface: As you read this post, please keep in mind: The reactors didn’t just suffer a melt down, or even a China syndrome type melt-through, but a series of melt outs. Scientists have no … Continue reading

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War with Russia Now Much Likelier

Ukraine’s Leading Nazi Gets American Weapons & Support news report from German Economic News, translated and with closing commentary by Eric Zuesse http://deutsche-wirtschafts-nachrichten.de/2015/04/06/ukraine-rechtsextremist-jarosch-wird-berater-der-armee-fuehrung/ Ukraine: right-wing extremist Jarosch is consultant to the Army leadership German Economic News  |  Published: 06/04/15 00:00 clock The Ukrainian army has … Continue reading

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Ukraine’s Economy Plunges: So, Who Should Pay for It?

Eric Zuesse According to Ukrainian news-accounts, Ukraine’s economy is rapidly falling. On April 2nd was reported that “Sales of new cars in Ukraine fell to the lowest in 15 years,” and that March’s sales-volume (number of cars sold) was 23% less than that … Continue reading

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Germany’s Merkel Comes Out as Basically a U.S. Agent

Eric Zuesse On Wednesday, April 1st, German Chancellor Angela Merkel’s cabinet approved a measure to bring fracking (the patents for which are owned mainly by “large American companies, including Halliburton, Baker Hughes and Schlumberger”) into Germany. This is a prelude not … Continue reading

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5 Charts Which Show That The Next Economic Crash Is Dead Ahead

Submitted by Michael Snyder via The Economic Collapse blog, When an economic crisis is coming, there are usually certain indicators that appear in advance.  For example, commodity prices usually start to plunge before a recession begins.  And as you can … Continue reading

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Massive News-Suppression That’s Become History-Suppression

Eric Zuesse While I have always been puzzled at why Americans endorse the existence of a religious and therefore discriminatory nation, Israel, and at why we give more of our tax-money to that nation than to any other; and while … Continue reading

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Government Corruption Has Become Rampant

The Cop Is On the Take Government corruption has become rampant: Senior SEC employees spent up to 8 hours a day surfing porn sites instead of cracking down on financial crimes Nuclear Regulatory Commission workers watch porn instead of cracking … Continue reading

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Gallup Finds: Among Conservatives, Education Increases False Belief

Eric Zuesse 100% agreement among scientists does not exist on anything, not even on basic laws of physics; but there are some scientific topics where the degree of expert consensus is near 100%, and human-caused (or “anthropogenic”) global warming is … Continue reading

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Hillary Clinton’s Presidential Campaign Is Now Effectively Over

Wall Street Warns Dems Not to Choose Senator Elizabeth Warren  Eric Zuesse Hillary Clinton’s unannounced campaign for the U.S. Presidency has already failed. Her arrogance (or else stupidity) in having wiped clean the hard drive of the private server she … Continue reading

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Report: Ukrainian Oligarch Kolomoysky Robbed Rampantly

Eric Zuesse The Frankfurter Algemeine Zeitung reported Thursday the 26th, that the Ukrainian oligarch Ihor Kolomoisky, whom Ukraine’s President Petro Poroshenko recently removed from control over Ukraine’s monopoly oil-transport firm and from being governor of a Ukrainian province, had been using … Continue reading

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U.S. Pays Most for Healthcare of Any Industrialized Nation … But Ranks Worst for Healthcare

According to Some Metrics … The Commonwealth Fund reported last year: The United States health care system is the most expensive in the world, but this report and prior editions consistently show the U.S. underperforms relative to other countries on … Continue reading

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UPDATED: 50 Abrams Tanks Appear to Have Been Sent to Ukraine

Eric Zuesse Alarms are being raised both on the right and the left in Austria against what appears to be a stealth move by Obama to send what are clearly attack-weapons (called “Bradley Tanks” but actually they look like Abrams … Continue reading

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U.S. Ships 50 Abrams Tanks to Ukraine: Europeans Are Furious

Eric Zuesse Apparently, Obama, though he says he hasn’t made up his mind about whether to send weapons to Ukraine, actually has and is. He now seems to be quietly trashing the spirit though no provision in the Minsk II truce that … Continue reading

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Some Countries ADMIT They Rig the Stock Market

Yes … the Stock Market Is Rigged We noted last year: Several central banks are directly buying stocks. They include the central banks of Switzerland, Japan, Israel, the Czech Republic, and a total of 23 percent of all nations worldwide. … Continue reading

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The $160 Billion Cost: Why Ukraine’s Viktor Yanukovych Spurned EU’s Offer, on 20 Nov. 2013

Eric Zuesse “Burying the lede” is a way that ‘news’ professionals hide or “bury” things while ‘reporting’ on them; and the biggest example of this in modern times occurred when Germany’s Spiegel (Mirror) magazine headlined its cover-story on 24 November … Continue reading

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Why Banksters Hate Peace

Image by Terry Robinson All Wars Are Bankers’ Wars Bankers hate peace … Lee Fang reports: The possibility of an Iran nuclear deal depressing weapons sales was raised by Myles Walton, an analyst from Germany’s Deutsche Bank, during a Lockheed earnings call … Continue reading

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Obama Now Sides w. Poroshenko to Unify Ukraine for Next Stage in the War

Eric Zuesse During the past few days, Ukraine’s President Petro Poroshenko has been drawing Ukraine’s racist fascists, or nazis, such as Arseniy Yatsenyuk and Oleh Kolomoysky, to support him; he has publicly threatened them if they fail to get in … Continue reading

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California Water Wars: Another Form of Asset Stripping?

By Ellen Brown. In California’s epic drought, wars over water rights continue, while innovative alternatives for increasing the available water supply go untapped. Wars over California’s limited water supply have been going on for at least a century. Water wars … Continue reading

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U.S.-v.-Russia: Even Stephen Cohen Is Starting to Speak the Truth

Eric Zuesse An alarming development is that Stephen F. Cohen, the internationally prominent scholar of Russia, is acknowledging that (1:35 on the video) “for the first time in my long life (I began in this field in the 1960s), I think the … Continue reading

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IMF: Ukraine Must Now Steal $1.5B+ from Russia to Buy Arms

http://deutsche-wirtschafts-nachrichten.de/2015/03/24/iwf-ukraine-soll-seine-schulden-an-russland-nicht-zurueckzahlen/ IMF: Ukraine will not pay back [part of] its debts to Russia German Economic News  |  Published: 03/24/15 00:25 clock [Translation, and interspersed notes, by Eric Zuesse.] In December, a multi-billion-dollar loan [variously stated as $3-$3.5 billion] to Ukraine comes … Continue reading

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America’s Global Dominance (Since WW II) Has Just Ended

Eric Zuesse On March 22nd, I headlined “Why the Western Alliance Is Ending,” and I listed the recent events which indicate that the Western Alliance doesn’t have much longer to go. And, now, it has actually already ended. The handwriting is on … Continue reading

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One of U.S. White House’s Top Ukrainian Gangsters Gets U.S. Reprimand

Eric Zuesse Ihor Kolomoysky, a Ukrainian oligarch and friend of the Obama White House (he is the employer of U.S. Vice President Joe Biden’s son Hunter Biden), has now been reprimanded by America’s own Ambassador in Ukraine, after he had used physical … Continue reading

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10 Charts Which Show We Are Much Worse Off Than Just Before The Last Economic Crisis

By Michael Snyder, Economic Collapse Blog. If you believe that ignorance is bliss, you might not want to read this article.  I am going to dispel the notion that there has been any sort of “economic recovery”, and I am … Continue reading

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Why the Western Alliance Is Ending

Eric Zuesse World leaders — heads of state especially — tend to be tactful people, whatever else might be said about them. When they discover that one of their number happens to be incredibly arrogant and psychopathic (and some leading … Continue reading

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Why We’re Drifting Towards World War 3

Financial Experts:  World War Looms … Unless We Stop It The Economist argues that there are ominous parallels between the conditions which led to the first world war and today: The United States is Britain, the superpower on the wane, … Continue reading

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How the U.S. Is Allied with ISIS & Al Qaeda

Eric Zuesse The United States is allied with Sunni Moslem aristocracies (and therefore with Sunni-headed nations), against Shia Moslem aristocracies (and therefore also against Shia-headed nations). Sunni aristocracies provide the huge ($1 million and larger) financial donations that sustain ISIS, Al … Continue reading

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Obama’s Double-Standard on Russia

He Attacks Russia, then Condemn’s Putin for Defending Russia from His Attack Eric Zuesse Ukraine is considered by geostrategists (both Republican and Democratic) to be militarily the most important adjoining nation to Russia, serving as the chief buffer to attacks … Continue reading

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Ukraine Declares Resumption of War Against Donbass

Eric Zuesse On Wednesday, March 18th, Arseniy Yatsenyuk, the Prime Minister of Ukraine — who was selected for that post by Victoria Nuland of the U.S. State Department on 4 February 2014, 18 days before the U.S. coup that installed him into this … Continue reading

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“Stratfor [VIDEO]: US aims to prevent a German-Russian Alliance”

http://deutsche-wirtschafts-nachrichten.de/2015/03/17/stratfor-usa-wollen-deutsch-russische-allianz-verhindern/ Stratfor [VIDEO]: US aims to prevent a German-Russian alliance German Economic News  |  Published: 03/17/15 00:02 clock [translation and notes by Eric Zuesse] http://deutsche-wirtschafts-nachrichten.de/2015/03/17/stratfor-usa-wollen-deutsch-russische-allianz-verhindern/ The head of the private intelligence agency Stratfor has for the first time publicly said that the US government considers to be its overriding strategic objective the prevention of … Continue reading

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Major American Allies Ignore U.S. Pleas and Join China’s Alternative Bank

UK, Australia, New Zealand, Singapore and India All Sign On … South Korea Next? Update: The Financial Times now reports that France, Germany and Italy have all agreed to join the China-led international development bank as well, “delivering a blow … Continue reading

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Obama and the ‘News’ Media Continue to Falsify About Obamacare

Eric Zuesse The Obama Administration basically lied on Monday, March 16th, when it said that it had reduced the percentage of healthcare uninsured Americans from 20.3% down to 13.2% — and the ‘news’ media in this country stenographically reported their … Continue reading

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The American Government’s Biggest Lie Now Is About Ukraine

Eric Zuesse The American Government’s biggest lie in 2002-2003 was about Saddam Hussein and Iraq. We’ve already seen what that lie produced. It cost the U.S. more than $3 trillion, produced ISIS, and caused death and destruction in Iraq that … Continue reading

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Guess What Happened The Last Two Times The S&P 500 Was Up More Than 200% In Six Years?

By Michael Snyder, the Economic Collapse Blog. Just a few days ago, the bull market for the S&P 500 turned six years old.  This six year period of time has been great for investors, but what comes next?  On March … Continue reading

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The ECB’s Noose Around Greece: How Central Banks Harness Governments

By Ellen Brown. Remember when the infamous Goldman Sachs delivered a thinly-veiled threat to the Greek Parliament in December, warning them to elect a pro-austerity prime minister or risk having central bank liquidity cut off to their banks? (See January … Continue reading

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EU Splits on Ukraine — How and Why

Eric Zuesse The issue is whether to supply weapons to Ukraine. On Friday, March 13th, Ukrainian President Petro Poroshenko announced, referring to himself in the third person, that: “The Head of State has informed that Ukraine had contracts with a series of the … Continue reading

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International Court, Hague, Rules in Favor of Ecuador in its Case against U.S. Oil Giant, Chevron

Telesur: The International Court of Justice (CIJ) ruled Thursday a prior ruling by an Ecuadorean court that fined the U.S.-based oil company Chevron US $9.5 billion in 2011 should be upheld. The money will benefit about 30,000 Ecuadorians, most of them indigenous. Background from Amazon Watch: In 1964, Texaco (now Chevron), … Continue reading

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Fox ‘News’ ‘Expert’ Says We Must “Start Killing Russians.” I Disagree.

Eric Zuesse On this video from Fox ‘News': At 3:30, Lou Dobbs asks the Fox Noise military analyst: “What do you expect” in Ukraine? At 3:35 he answers: “In the Ukraine, the only way that the United States can have any … Continue reading

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Japan’s Orwellian Politics About Ukraine

To Oppose Far-Right Is Labeled ‘Far-Right’ Japanese politicians get called ‘far-right’ for opposing America’s empowering nazism In Ukraine, and for opposing Japan’s nationalist leader, Shinzo Abe. Former Japanese Prime Minister tells Crimeans: “It’s shameful that information from Japanese and Western media … Continue reading

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Gallup: Dissatisfaction w. U.S. Gov’t. Soars

Eric Zuesse The latest Gallup poll shows that even as Americans are more satisfied with the American economy, they are more dissatisfied with the government; and that this government-dissatisfaction is so high that for the first time while Gallup has been … Continue reading

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Tentative Deal Reached to Settle Ukraine War

http://deutsche-wirtschafts-nachrichten.de/2015/03/11/iwf-ukraine-erhaelt-175-milliarden-dollar-aus-steuergeldern/ PLUNDERING THE WORLD IMF: Ukraine will receive $ 17.5 billion from taxpayers German Economic News  |  Published: 11/03/15 23:51 clock [Translation and notes by Eric Zuesse, whose explanation of the deal is at the end] SUMMARY: Ukraine will receive total loans of … Continue reading

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How the Public Are Deceived by the ‘News’

Top ‘News’ Executives Suppress Key Facts; The Public Sees a Chaotic, Disjointed, Picture. Here Is How that Is Done, in Personal Detail. Eric Zuesse If the public is systematically lied-to by the Government and by a virtually uniformly cooperative press … Continue reading

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90% of the Developed World Has Eased … But We’ve Still Got Deflation?

Why Monetary Policy Is Failing What should we make of the fact that core inflation in the U.S. is just as low as in the Eurozone if measured on the same basis? David Rosenberg – former chief economist for Merrill … Continue reading

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Edwards: “Core Inflation In The US Would Be Just As Low As In The Eurozone If Measured On The Same Basis”

Despite Stronger U.S. Growth Anyone with a pulse knows that Europe is stuck in a downturn worse than the Great Depression. Most think that the U.S. has fared better … but that is debatable. Mega-bank Société Générale’s strategist Albert Edwards … Continue reading

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