Category Archives: Business / Economics

Business and Economics

The Oligarch Recovery – Low Income Americans Can’t Afford to Live in Any Metro Area

Submitted by Mike Krieger via Liberty Blitzkrieg blog, We were told we needed to bail out Wall Street in order to save Main Street. Well the results are in… Wall Street has never done better, and Main Street has never … Continue reading

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U.S. Publicly Splits v. EU on Ukraine War

Eric Zuesse There now is open disagreement between three Western leaders regarding how to move forward with regard to Ukraine: Barack Obama of the United States, versus Francois Hollande of France, and Angela Merkel of Germany. On Friday, August 29th, … Continue reading

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Why and How All Large Estates Should Be Taxed to Death

Eric Zuesse, originally posted at strategic-culture.org All non-taxation of estates at death is feudal; it’s systematic continuation of feudalism, into our own era. Here’s a good example to show this: U.S. National Public Radio’s (NPR’s) reporter Lourdes Garcia-Navarro, headlined on … Continue reading

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Nazis’ Gold Train Is Said to Have Been Found in Poland

Eric Zuesse On 27 August, Polish Radio announced that two people have presented evidence that they have discovered Nazi Germany’s legendary “Gold Train,” containing art and that’s especially “laden with precious metals,” and that the pair are demanding a 10% … Continue reading

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The REAL Reason China’s Economy Is Crashing

China 2015 = U.S. 2008 We noted in 2009, in a piece titled “China 2009 = America 2001 = Rome 11 BC“: One of the top experts on China’s economy – [economics professor] Michael Pettis – has a very long … Continue reading

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Privatization Is at the Core of Fascism

Eric Zuesse, originally posted at strategic-culture.org Privatizations are increasingly fashionable, such as in Greece, Ukraine, the U.S., and UK — and privatizations are a central feature of fascism. The core of fascism is the idea that there is some elite, … Continue reading

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Blue Chip Stocks Suffer Biggest 3-Day Loss In HISTORY

CNBC notes: The blue-chip index posted its biggest 3-day point loss in history of 1,477.45 points. Today was also the largest one-day swing of the Dow Jones in history, and last week was the largest ever increase in stock volatility.

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The Dow Just Made the Largest One-Day Roundtrip EVER

It’s not your imagination … The U.S. stock market just took the largest roundtrip ever.    Specifically, in the first 3 hours and 40 minutes of trading today, the Dow posted the largest intraday swing in history:   The initial 1,000 … Continue reading

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Bernie Sanders versus Obama & the Clintons: The Big Difference

Eric Zuesse I state here why I have come to support Bernie Sanders for President: Whereas Hillary Clinton, Bill Clinton and Barack Obama — the modern Democratic Establishment — have been so conservative they might as well have called themselves … Continue reading

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Introducing the Gigantic and Dangerous Wall Street Loophole You’ve Never Heard of

Submitted by Mike krieger via Liberty Blitzkrieg blog, This spring, traders and analysts working deep in the global swaps markets began picking up peculiar readings: Hundreds of billions of dollars of trades by U.S. banks had seemingly vanished. The vanishing … Continue reading

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Stock Market Volatility Skyrockets Most In HISTORY

MarketWatch reports: The CBOE Volatility Index jumped Friday to levels not seen since December 2011, logging its largest ever weekly percentage jump as stocks sold off for a fourth straight session. The VIX, or so called “fear index,” surged more … Continue reading

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Trumping the Federal Debt Without Playing the Default Card

By Ellen Brown, Web of Debt. “The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default.” — Former Fed Chairman Alan Greenspan on Meet the … Continue reading

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U.S. Gov’t. Says: ‘July 2015 was warmest month ever recorded for the globe’

Eric Zuesse To global-warming-deniers such as the Koch brothers and Exxon/Mobil, the news that was reported on 20 August 2015 must be just a ‘coincidence,’ but the U.S. National Oceanic and Atmospheric Administration (NOAA) reported then that July 2015 was “the … Continue reading

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The Latest Science on Global Warming

Eric Zuesse Because of the prejudiced coverage of the global warming issue that’s common in much of the press, I have decided to present highlights from one of the most comprehensive articles that’s now being considered by one of the … Continue reading

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George Soros’s Fakery

Eric Zuesse, originally posted at strategic-culture.org George Soros pretends to be a progressive, but he invests in and finances nazis. That’s not “Nazis” as in National Socialist Party of Germany, which was outlawed after WW II, and whose racist obsession … Continue reading

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The Federal Reserve – Which CREATED Quantitative Easing – Admits QE Doesn’t Work

Even the Fed Admits QE Doesn’t Work The Vice President of the Federal Reserve Bank of St Louis (Stephen Williamson)  writes in a new Fed white paper (as explained by Zero Hedge): The theory behind Quantitative Easing (QE) is “not … Continue reading

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No, Bernanke … Defense Spending Does NOT Help the Economy!

Image courtesy of Steve Hess Debunking a Myth Preface: Many Americans – including influential economists and talking heads – still wrongly assume that war is good for the economy. For example, former Federal Reserve boss Ben Bernanke just claimed that … Continue reading

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How & Why the U.S. Media Do Propaganda Against Russia

Eric Zuesse, originally posted at strategic-culture.org The owners of U.S. newsmedia know that in order to serve their fellow U.S. aristocrats who want to kick out Russia’s current leader, Vladimir Putin, so as to enable them to buy Russia’s natural … Continue reading

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Another Big Lie About Ukraine’s War

Eric Zuesse What follows here, about the current U.S. government’s lying, is banned by all major news sites in the United States, and by most ‘alternative news’ sites, such as Common Dreams, Alternet, and Truthout (although some of those alt-news … Continue reading

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You Can Add Iraq And Ukraine To The List Of Economies That Are Collapsing

By Michael Snyder, Economic Collapse Blog The list of nations around the globe that have collapsing economies just continues to grow.  In recent weeks I have written about the ongoing saga in Greece, the stock market crash in China, the … Continue reading

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46 million Americans go to food banks, and long lines for dwindling food supplies begin at 6:30 AM

By Michael Snyder, Economic Collapse Blog Those that run food banks all over America say that demand for their services just continues to explode.  It always amazes me that there are still people out there that insist that an “economic … Continue reading

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Greeks Flock to Grassroots Alternative Currencies in Affront to Euro Debt Slavery

Submitted by Mike Krieger via Liberty Blitzkrieg blog, Necessity is the mother of invention. When Christos Papaioannou noticed his car needed new tires, the Greek computer engineer bought them with euros—but used an alternative currency, called TEM, to pay his mechanic for … Continue reading

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US-NATO Military Deployments, Economic Warfare, Goldman Sachs and the Next Financial Meltdown

By Prof Michel Chossudovsky, who publishes Global Research. What is the relationship between war in a military theater and “economic warfare”?  An act of war is invariably an economic undertaking which supports dominant corporate interests. The conduct of US-NATO military operations is … Continue reading

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Meet the ‘Moderates’ the U.S. Is Supporting in Syria: They’re al-Qaeda

Eric Zuesse, as originally published by Strategic-Culture.org Increasing evidence is coming in that the groups the U.S. is trying to install into power in Syria are actually contending groups of Sunni Islamic jihadists who seem to agree on only one … Continue reading

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The Two Core Beliefs of the Republican Party

Eric Zuesse 1: One core Republican belief is spread by religious fundamentalists, and it’s a conviction to do war against others by outpopulating them — reproducing more than the other humans do. Part of this is their campaign for fertilized human eggs … Continue reading

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Putin Giving Up on Assad, Says Erdogan

Eric Zuesse Turkey’s President, Recep Tayyip Erdogan, was asked by an interviewer last week, “On the question of Syria, have you seen changes in the attitude of Russian President Putin?” and Erdogan replied: “As compared to the past, there is … Continue reading

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Ukraine Bans 14 ‘Artists,’ Mainly Russians, as ‘Threats to National Security’

Eric Zuesse On Saturday, August 8th, Ukraine’s Interfax News Service announced that the Security Bureau of Ukraine had just issued, on Friday, a list of 14 ‘artists’ (mainly Russian actors) who ‘pose a threat to Ukraine’s national security.’ The Ukrainian State Film … Continue reading

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The U.S. Is Destroying Europe

Eric Zuesse, originally posted at strategic-culture.org In Libya, Syria, Ukraine, and other countries at the periphery or edges of Europe, U.S. President Barack Obama has been pursuing a policy of destabilization, and even of bombings and other military assistance, that … Continue reading

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Republican Party Gave First Presidential Debate to Fox News as Political Payoff

Eric Zuesse Millions of especially non-Republicans on Thursday night were disappointed to find that they couldn’t access the first Republican Presidential debate because they don’t subscribe to the Fox News Channel, the Republican Party’s news channel. Immediately, Newsweek posted an announcement explaining:  … Continue reading

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Pew Global Poll Finds that Obama’s Effort to Isolate Russia Is Succeeding

Eric Zuesse The latest Pew international poll finds that whereas U.S. and global sentiments toward Russia were rather moderate, not hostile, until after U.S. President Barack Obama’s re-election in 2012, the sentiments toward Russia both in the U.S. and in … Continue reading

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Israel Is NOT a Democracy

Israel’s leaders hold the country out as a democracy … just like the U.S. Of course, America is officially no longer a democracy … as wealth is so concentrated that it has broken the political system. The same thing is … Continue reading

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Bankster Prosecutions Plunged After Bush’s Presidency

Eric Zuesse U.S. President Barack Obama has followed through on the secret promise he made in the White House, on 27 March 2009, to Wall Street’s CEOs, and that was finally made public in full only when Ron Suskind’s Confidence Men was … Continue reading

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The MH17 Pilot’s Corpse: More on the Cover-Up

Even His Family Was Blocked from It. Here’s Why. Eric Zuesse It might be the decisive piece of evidence proving who and what and how and why the MH17 Malaysian airliner over the conflict zone in Ukraine on 17 July … Continue reading

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U.S. Propaganda: It’s Not Just False, but Absurd.

By Eric Zuesse, as originally published at strategic-culture.org. It’s so ridiculous, no intelligent and informed person would give it any serious consideration whatsoever. It insults the public’s intelligence. Here’s a typical example of the ridiculousness of U.S. propaganda: On July 16th, … Continue reading

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Jimmy Carter Is Correct that the U.S. Is No Longer a Democracy

Eric Zuesse On July 28th, Thom Hartmann interviewed former U.S. President Jimmy Carter, and, at the very end of his show (as if this massive question were merely an aftethought), asked him his opinion of the 2010 Citizens United decision and … Continue reading

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U.S. Tries to Stir Ethnic Division in Crimea

Eric Zuesse On Saturday, August 1st, Ukraine’s President Petro Poroshenko (who now acknowledges that his government is illegitimate and that his predecessor Viktor Yanukovych was overthrown in a February 2014 coup), sent greetings to an international conference of supporters of Tatars in Crimea, at the … Continue reading

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Former Exxon President On Mission To Clean Up Oil Sands

Canada has given oil sands a dirty reputation, but a breakthrough, commercially viable technology has caught the eye of a former Exxon Mobil president who is putting it to use to clean up Utah’s billions of barrels of oil sands. … Continue reading

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How Aristocrats Have Gotten Away with Even Mass-Murder

By Eric Zuesse, as originally published at strategic-culture.org. On 8 July 2015, in a pervasively ignored but historically very important news event (briefly mentioned by the BBC), the only trial ever in which a former head of state was convicted in … Continue reading

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Warren Buffett And Elon Musk To Spark A Lithium Boom

The age of electrification across the transportation sector, the solar panel revolution, and Tesla’s battery gigafactory are igniting a battle for the cheapest battery. That will transform lithium into a boom-time mineral and the hottest commodity on the energy investor’s … Continue reading

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Scott Walker’s Big Lie

Eric Zuesse I have written lots of articles about Barack Obama’s lying. To expose lies by Republicans is not at all a partisan matter for me; it’s about my only commitment, which is to the truth; and here is the truth about … Continue reading

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Ukraine’s Foreign Minister Implies EU Membership Might Be Impossible

Eric Zuesse Ukraine’s Euro-Integration website headlined on July 25th, “Klimkin: ‘If Ukraine Won’t Be an EU Member Within 5 Years, We Won’t Ever’,” and reported that, “Foreign Minister Pavlo Klimkin claims that if Kiev is required to wait 5 years before applying … Continue reading

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As Economy Heads to Another Crash, BIS Acknowledges: We’re Failing

http://deutsche-wirtschafts-nachrichten.de/2015/07/22/maechtigste-bank-der-welt-legt-mandat-zur-rettung-der-weltwirtschaft-zurueck/ World’s Most Powerful Bank Reverses Course, to Avoid a Global Depression German Economic News, Translation (and closing Note) by Eric Zuesse  |  Published: 22:07:15 20:10 clock The Bank for International Settlements (BIS) acknowledges in its annual report that the … Continue reading

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Banks Rig Treasury Market

Banks Rig Treasury Market Boston’s public sector pension fund accuses all of the biggest US banks  – the so-called “primary dealers” which transact directly with the United States Treasury Department and “have a special obligation to ensure the efficient function” … Continue reading

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EU Visa-Slams Ukrainians After February 2014 Ukrainian Coup

Eric Zuesse Although the coup in Ukraine in February 2014 was allegedly done in order to get Ukraine into the European Union (because the overthrown President Viktor Yanukovych had just before declined the EU’s offer for Ukraine to join the … Continue reading

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Ukrainian News Service Says Standard of Living Is Plummeting

Eric Zuesse The plunging economy of Ukraine has evidently become so bad that Ukrainians now can even feel safe to call publicly for stopping the war against the separatist Donbass region of the country, and for reallocationg those military expenditures … Continue reading

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America Is No Democracy. Here’s Proof:

Obama Prosecutes No Mega-Crooks. Hillary Also Wouldn’t. Would Sanders? Eric Zuesse The chief reason why the USA is no longer a democracy (if it ever was) is that its mega-criminals have impunity, just like kings and other dictators in countries … Continue reading

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Perhaps This Is Obama’s Grand Strategy

Eric Zuesse Washingtonsblog’s anonymous founder and principal commentator is one of the most deeply knowledgeable writers on current events, and on July 19th he headlined “Governments Worldwide Will Crash the First Week of October … According to 2 Financial Forecasters.” He noted that both Martin … Continue reading

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Governments Worldwide Will Crash the First Week of October … According to 2 Financial Forecasters

Update: Please see correction at the end. Two well-known financial forecasters claim that virtually all governments worldwide will be hit with a gigantic economic crisis in the first week of October 2015. Martin Armstrong   Martin Armstrong is a controversial … Continue reading

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Thousands of Refugees Flee Northward from Greece

http://deutsche-wirtschafts-nachrichten.de/2015/07/18/tausende-fluechtlinge-fliehen-aus-griechenland-in-richtung-norden/ Thousands of Refugees Flee Northward from Greece Translated by Eric Zuesse, from German Economic News  |  as published: 21:40 clock 18:07:15 [18 July 2015]  The precarious situation in Greece means that thousands of refugees are making their way to northern Europe. There, the reaction … Continue reading

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LIES, DAMNED LIES & STATISTICS

The government released their monthly CPI report this week. Even though it came in at an annualized rate of 3.6%, they and their mouthpieces in the corporate mainstream media dutifully downplayed the uptrend. They can’t let the plebs know the … Continue reading

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OPINION: Concentrated Wealth + Widespread Stupidity = End of Democracy

Eric Zuesse Today’s America is not a democracy: “Dark Money Groups Are Funded By Dark Money Groups That Fund Dark Money Groups That Fund…” That terrific investigative news report by Paul Blumenthal at Huffington Post, on 9 November 2013, penetrated beyond what … Continue reading

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Agency to Enslave Greeks Is Established

Eric Zuesse Late on Thursday, July 16th, German Economic News headlined “Greece: Debt Restructuring Through the Back Door,” and reported that, “The majority of Greece’s national debt is to be moved in the next three years gradually to the euro … Continue reading

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Little-Known History of the Euro: Crisis Was Baked In from the Start

You’ve heard that the Euro was created to provide two benefits for Europe: 1. Unite Germany, France and other countries in a peaceful political situation, to prevent repeats of World War I and II 2. Create a macro-zone to compete … Continue reading

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The Constitution of the EU’s Dictatorship

Eric Zuesse It’s here: http://www.esm.europa.eu/pdf/ESM Treaty consolidated 13-03-2014.pdf That’s the treaty establishing (which was originally done in 2012) the ultimate lending-fund for what the EU now officially considers to be a permanent economic crisis in Europe, of member-nations that are … Continue reading

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Iran’s First Post-Shah President Says Iran’s Theocracy Is ‘Despotic’

Eric Zuesse — Bani-Sadr says Iran was trying for a nuclear bomb until 2003 — He says “mismanagement and corruption” plague the country — He calls current government “despotic” — He says winners in nuclear deal are “Israel, Saudi Arabia … Continue reading

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New IMF Report on Greece Says Projections Are Unrealistically Optimistic

Eric Zuesse A new IMF report on Greece, issued on Tuesday, July 14th, is titled “AN UPDATE OF IMF STAFF’S PRELIMINARY PUBLIC DEBT SUSTAINABILITY ANALYSIS,” and it says — these are quotations, not paraphrases — in summary: Greece’s public debt has become highly … Continue reading

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OPEC, Get Ready For The Second U.S. Oil Boom

What OPEC countries fear most is a follow-up technological revolution that will lead to a second oil boom in the U.S., and that fear is now being realized. A technological revolution spurred the U.S. oil boom that resulted in the … Continue reading

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Russian Politician Predicts U.S. Coup Ousting Putin Soon

Eric Zuesse Evgeny Fedorov, a member of Russia’s Duma or parliament, is predicting, in a half-hour video interview, that Russian President Vladimir Putin will be overthrown by a U.S. coup, within two years. He says that U.S. Government agents have … Continue reading

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How Fascist Capitalism Functions: The Case of Greece

Eric Zuesse There is democratic capitalism, and there is fascist capitalism. What we have today is fascist capitalism; and the following will explain how it works, using as an example the case of Greece. Mark Whitehouse at Bloomberg headlined on … Continue reading

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Vladimir Putin States Russia’s New Strategy

Eric Zuesse Russian President Vladimir Putin presented, on July 3rd, to Russia’s Security Council, the nation’s new National Security Strategy, which encompasses not merely military, but especially economic, agencies within the Russian Federal Government. Because his statement was ignored in … Continue reading

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Jeb Bush: “People Need to Work Longer Hours.” Media Soften It.

Reuters & CNBC, Etc.: “Bush says Americans should have chance to work longer hours in improved economy.” Eric Zuesse Jeb Bush, on July 8th: “My aspiration for the country, and I believe we can achieve it, is 4 percent growth as far … Continue reading

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President Obama Accepts Slavery in Order to Win TPP Trade Deal

Eric Zuesse So that U.S. President Barack Obama can end a roadblock and win the agreement of other nations for his proposed Trans Pacific Partnership, he has decided to remove one of the nations, Malaysia, from the U.S. State Department’s … Continue reading

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Wikipedia as Propaganda Not History — MH17 as An Example

Eric Zuesse Wikipedia articles are more propaganda than they are historical accounts. And, often, their cited sources are misleading, or even false. On 15 August 2007, the BBC headlined “Wikipedia Shows CIA Page Edits,” and Jonathan Fildes reported that, “An online tool … Continue reading

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U.S. Wealth-Concentration: The Most-Accurate Current Estimates

Eric Zuesse CURRENT REALITIES: Wealthiest Tenth (10%) of Americans Own 75% of America; They Draw 40% of All U.S. Income. Wealthiest Hundredth (1%) of Americans Own 43% of America; They Draw 20% of All U.S. Income. Wealthiest Thousandth (0.1%) of Americans Own 22% of America; … Continue reading

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New U.S. National Military Strategy: U.S. May Invade Any Non-‘Ally’

Eric Zuesse On July 1st, the White House, Joint Chiefs of Staff, issued “The National Military Strategy of the United States of America 2015” (officially dated June 2015), and at its top is: “U.S. ENDURING NATIONAL INTERESTS: The security of the United States, … Continue reading

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The 75 Trillion Dollar Shadow Banking System Is In Danger Of Collapsing

By Michael Snyder, Economic Collapse Blog. Keep an eye on the shadow banking system – it is about to be shaken to the core.  According to the Financial Stability Board, the size of the global shadow banking system has reached … Continue reading

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16 Facts About The Tremendous Financial Devastation That We Are Seeing All Over The World

By Michael Snyder, Economic Collapse Blog. As we enter the second half of 2015, financial panic has gripped most of the globe.  Stock prices are crashing in China, in Europe and in the United States.  Greece is on the verge … Continue reading

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Why The Puerto Rico Debt Crisis Is Such A Huge Threat To The U.S. Financial System

By Michael Snyder, Economic Collapse Blog. The debt crisis in Puerto Rico could potentially cost financial institutions in the United States tens of billions of dollars in losses.  This week, Puerto Rico Governor Alejandro Garcia Padilla publicly announced that Puerto … Continue reading

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Warren Buffett: Derivatives Are Still Weapons Of Mass Destruction And ‘Are Likely To Cause Big Trouble’

By Michael Snyder, Economic Collapse Blog. After all these years, the most famous investor in the world still believes that derivatives are financial weapons of mass destruction.  And you know what?  He is exactly right.  The next great global financial … Continue reading

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Current Oil Price Slump Far From Over

The oil price collapse of 2014-2015 began one year ago this month (Figure 1). The world crossed a boundary in which prices are not only lower now but will probably remain lower for some time. It represents a phase change … Continue reading

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How Greece Crisis Could Drag Oil Prices Down

The Greek tragedy is reaching its climax. The discussions between Greece and its European creditors broke down over the weekend, with the two sides still at an impasse. Greek Prime Minister Alexis Tsipras balked at deeper austerity cuts to the … Continue reading

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May the #LoveWins Victory Spur Us On to Increased Political Involvement

#LoveWins is a tremendous, hard won victory of popular persistence and pressure, a new and vibrant illustration that cultural change can be made when a population cares deeply and applies unrelenting, ever-increasing pressure until the job is done, the non-negotiable … Continue reading

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Bill Gates’s Idiocy (or Is It Psychopathy?)

Eric Zuesse Bill Gates was interviewed in the Thursday June 25th Financial Times, about global warming investments, and he said some remarkably stupid things, but explaining what he said requires a lot of intelligence; so, maybe what he said isn’t … Continue reading

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Malaysian Pressure Forces MH17 Investigation to UN

Eric Zuesse Malaysia, frustrated by the refusal of the official international investigation-team to produce any clear evidence yet of whom to blame for the downing of the MH17 Malaysian airliner over the Ukrainian civil-war zone on 17 July 2014, has … Continue reading

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Percentage of Health-Uninsureds in U.S. Rises by 1.7%

Since Obama First Promised to Lower It by 100% Eric Zuesse On 23 June 2015, Bloomberg news bannered “Uninsured Rate Falls to Lowest Since Obamacare Implementation” and reported that, “Last year, 16.3 percent of adults under age 65, or about 31.7 million … Continue reading

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The Day the Earth Died

And Why Sierra Club, Greenpeace, Etc., Were Virtually Silent About It Eric Zuesse As the civilizations that we all know, and love, and lived, slide increasingly into totalitarian misery; and the environment, which had been our lives, becomes less and … Continue reading

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Ukraine’s Pres. Poroshenko Says Overthrow of Yanukovych Was a Coup

Eric Zuesse Ukraine’s President Petro Poroshenko requests the supreme court of Ukraine to declare that his predecessor, Viktor Yanukovych, was overthrown by an illegal operation; in other words, that the post-Yanukovych government, including Poroshenko’s own Presidency, came into power from … Continue reading

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IMF Violates IMF Rules, to Continue Ukraine Bailouts

Eric Zuesse The IMF, whose bailout operations are absorbed by the taxpayers in the member countries whenever a particular bailed-out nation defaults, announced on Friday, June 19th, that it will “continue to support Ukraine through its Lending-into-Arrears Policy even in the event … Continue reading

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How Obama’s ‘Trade’ Deals Are Designed to End Democracy

Eric Zuesse U.S. President Barack Obama has for years been negotiating with European and Asian nations — but excluding Russia and China, since he is aiming to defeat them in his war to extend the American empire (i.e, to extend … Continue reading

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NATO Lies to NPR

Eric Zuesse On June 17th, U.S. National Public Radio (NPR) interviewed NATO’s and America’s General Ben Hodges, who is the Commanding General of the U.S. Army in Europe, which is “NATO’s most senior land forces command.” He said (after 4:54 in the audio): “This … Continue reading

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Life in Ukraine Since the U.S. Coup There in Feb. 2014

Eric Zuesse, 18 June 2015, 2:30 PM in NYC The following is a reader-comment that was just posted from someone in Ukraine to an article whose links document America’s coup there in February 2014 in the formerly peaceable but corrupt country, and the subsequent ethnic … Continue reading

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U.S. May Position for a War Against Russia

Russia Says It Will Respond If U.S. Does So Eric Zuesse On Saturday, June 13th, The New York Times bannered, “U.S. Is Poised to Put Heavy Weaponry in Eastern Europe,” and Russia’s response to the announcement wasn’t long in coming. The Russian equivalent … Continue reading

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The Dark Side Of The Shale Bust

The fallout of the collapse in oil prices has a lot of side effects apart from the decline of rig counts and oil flows. Oil production in North Dakota has exploded over the last five years, from negligible levels before … Continue reading

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CONSUMERS NOT FOLLOWING ORDERS

Last week the government reported personal income and spending for April. After months of blaming non-existent consumer spending on cold weather, shockingly occurring during the Winter, the captured mainstream media pundits, Ivy League educated Wall Street economist lackeys, and Keynesian … Continue reading

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Hillary Clinton Backs Fast-Track on Obama’s Trade Deals

Eric Zuesse On Sunday, June 14th, Hillary Clinton came out publicly for the first time in support of President Obama’s trade-deals — TPP with Asia, TTIP with Europe, and on TISA with all nations to lower the standards on banking … Continue reading

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The Two Contending Visions of World Government

The Origin & Broader Context of Obama’s ‘Trade’ Deals Eric Zuesse U.S. President Barack Obama’s proposed ‘Trade’ deals are actually about whether the world is heading toward a dictatorial world government — a dictatorship by the hundred or so global … Continue reading

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Fast-track Hands the Money Monopoly to Private Banks — Permanently

By Ellen Brown. It is well enough that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.            … Continue reading

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Stopping Obama’s “Legacy” ‘Trade’-Deals: Did Reid Finally Do It?

Eric Zuesse President Obama has many times made clear to congressional Democrats that the most important thing in the “legacy” that he hopes to leave behind from his Presidency is his big-three ‘trade’ deals: TPP with Asia, TTIP with Europe, … Continue reading

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The Heroic Anti-TPP Action by Alan B, Morrison — and More to Come

Eric Zuesse On June 10th, Alan B. Morrison, one of America’s leading Constitutional lawyers, sent a letter to all members of the U.S. House of Representatives, explaining why U.S. President Barack Obama’s proposed Trans Pacific Partnership (TPP) would violate the … Continue reading

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German Companies Stop Sales of “Roundup”

Submitted and translated [and with added comments] by Eric Zuesse Monsanto: German companies stop glyphosate sales German Economic News  |  Published: 09:06:15 15:19 clock http://deutsche-wirtschafts-nachrichten.de/2015/06/12/monsanto-deutsche-unternehmen-stoppen-glyphosat-verkauf/ According to Swiss supermarkets, German companies have announced halting sales of Monsanto’s glyphosate herbicide.  In 1971, Monsanto patented glyphosate. Today its glyphosate (“Roundup”) constitutes two billion … Continue reading

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The Top 1% of America’s Top 1%

The 15 Peak Years for Top-End Income-Shares in U.S., 1913-2013  Eric Zuesse DATA-SOURCE: http://topincomes.g-mond.parisschoolofeconomics.eu/#Database: Top 0.01% income share including capital gains, United States, the 15 peak years 1915: 4.36% 1916: 4.78% 1928: 5.02% 1929: 4.99% 1999: 4.21% 2000: 5.07% 2004: … Continue reading

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German Banker: Obama Is Destroying Europe

Eric Zuesse (translation and added comments) Interviewed on June 6th by German Economic News, the chief economist at Bremer Landesbank, Folker Hellmeyer, says that because of Obama’s sanctions against Russia, German exports declined year-over-year by 18% in 2014, and by 34% … Continue reading

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What’s Wrong with the Administration’s Trade-Deal Arguments

Eric Zuesse Here is from the June 3rd article at the pro-trade-deals Americas Society & Council of the Americas, “Summary: The Trans-Pacific Partnership – What’s at Stake for the Western Hemisphere?” in which the Democratic congressman, Gregory Meeks, a Co-Chair of the … Continue reading

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Global Oil Shortage Before Year’s End? Surely Not…

Now that OPEC has left its production quota unchanged, the world will continue to see a glut in supplies, right? Some analysts aren’t so sure. Sanford C. Bernstein predicts that by the end of the year global demand will outstrip … Continue reading

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Forget the TPP – Wikileaks Releases Documents from the Equally Shady “Trade in Services Agreement,” or TISA

Submitted by Mike Krieger via Liberty Blitzkrieg blog, If it sounds complicated, it is. The important point is that this trade agreement contains a crucial discussion of governments’ abilities to meaningfully protect civil liberties. And it is not being treated as … Continue reading

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Land of the Unfree – Police and Prosecutors Fight Aggressively to Retain Barbaric Right of “Civil Asset Forfeiture”

Submitted by Mike Krieger via Liberty Blitzkrieg blog, Efforts to limit seizures of money, homes and other property from people who may never be convicted of a crime are stalling out amid a wave of pressure from prosecutors and police. … Continue reading

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An Important Economic Indicator – Money Velocity – Crashes Far Worse than During the Great Depression

Underneath the Propaganda, the Economy Is In BAD Shape … We noted 3 years ago that the velocity of money – an important economic indicator – is lower than during the Great Depression. Things have gotten even worse since since … Continue reading

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Western ‘News’ Media as Tyranny’s Propagandists Hiding Reality

Eric Zuesse 1: The ugly realities are covered up, not covered; here’s an example of what you don’t see in the regime’s media about the people whom Americans’ tax dollars are bombing and killing: https://www.youtube.com/watch?v=YgB2bhFfEtM&app=desktop 2: The great investigative journalist … Continue reading

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Systemic Corruption Has Destroyed America

Preface: There’s always been some corruption in the United States … but it’s never been this bad before. The Cop Is On the Take Government corruption has become rampant: Senior SEC employees spent up to 8 hours a day surfing … Continue reading

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Confidential Document: Soros’s Plan for Ukraine

Eric Zuesse A hacked document from the Ukrainian Government, in which George Soros, on 12 March 2015 (a month after the Hollande-Merkel Minsk II ceasefire agreement had been signed), advised Ukraine’s President Petro Poroshenko how to re-arm and resume the war against the Donbass … Continue reading

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