Category Archives: Business / Economics

Business and Economics

Russian Roulette: Taxpayers Could Be on the Hook for Trillions in Oil Derivatives

By Ellen Brown. The sudden dramatic collapse in the price of oil appears to be an act of geopolitical warfare against Russia. The result could be trillions of dollars in oil derivative losses; and the FDIC could be liable, following … Continue reading

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Head of Stratfor, ‘Private CIA,’ Says Overthrow of Yanukovych Was ‘The Most Blatant Coup in History’

Eric Zuesse In a December 19th interview in the Russian magazine Kommersant, George Friedman, who is the Founder and CEO of Stratfor, the ‘Shadow CIA’ firm, says of the overthrow of Ukraine’s President Viktor Yanukovych that occurred on February 22nd … Continue reading

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Bloomberg News Blames Putin for Russia’s Economic Problems

Eric Zuesse On December 17th, Bloomberg News bannered “Putin’s Secret Gamble on Reserves Backfires Into Currency Crisis” and reported that, “As President Putin exulted at the Winter Olympics in Sochi 10 months ago, aides assured him Russia was rich enough … Continue reading

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US Targeting Hundreds of Millions of Russian Civilians

ter·ror·ism  noun the use of violence and intimidation in the pursuit of political aims. White House officials are openly expressing happiness with their siege/war tactics that they say are throwing Russia into an economic collapse and are, as a scholar defending the siege … Continue reading

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Inequality In U.S. Today Is Worse than in Apartheid South Africa or 1774 Slaveholding Colonial America … and TWICE As Bad As In Ancient Slaveholding Rome

Even Slaves Had It Better Inequality in America today is twice as bad as in ancient Rome, worse than it was in Tsarist Russia, Gilded Age America, modern Egypt, Tunisia or Yemen, many banana republics in Latin America, and worse … Continue reading

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U.S. Gov’t. Seeks Excuse to Nuclear-Attack Russia

Never Was a March on Washington More Needed Eric Zuesse The world is more nervous about the drift toward nuclear war between the U.S. and Russia than at any time since 1962’s Cuban Missile Crisis. When French President Francois Hollande … Continue reading

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Ukraine’s Two Big Gas Deals Are Now Both Dry

Eric Zuesse In June, Shell Oil halted its newly dug shale-gas wells at the Yuzivska gas field in southeastern Ukraine, and gave as the reason the civil war there, though only after Ukrainian Government troops had ousted the local residents … Continue reading

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U.S. Taxpayers Now Alone in Financing Ukraine’s Ethnic Cleansing Campaign

IMF Says Ukraine Fails to Meet Conditions of the April 30th 2014 $17 Billion Loan Eric Zuesse The IMF has concluded that it was too optimistic when loaning Ukraine $17 billion at the end of April, and that the Ukrainian … Continue reading

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War Drums Beat Louder & Faster Between U.S. & Russia

Eric Zuesse On Saturday, December 13th, Russian media reported that U.S. President Obama evidently can’t wait to sign the congressional authorization for war against Russia (which has already been passed in draft form by 98% of U.S. House members and … Continue reading

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The Global Bankers’ Coup: Bail-In and the Shadowy Financial Stability Board

By Ellen Brown. On December 11, 2014, the US House passed a bill repealing the Dodd-Frank requirement that risky derivatives be pushed into big-bank subsidiaries, leaving our deposits and pensions exposed to massive derivatives losses. The bill was vigorously challenged … Continue reading

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U.S. Congress Now Virtually 100% All-In on Ukraine’s War Against Russia; Americans Are at Least 67% Opposed

Eric Zuesse Last night, December 11th, the U.S. Senate voted unanimously as the U.S. House had previously voted 98%: to join Ukraine’s war against Russia and against Ukraine’s own ethnic Russians in Ukraine’s southeastern districts, in order to eliminate those … Continue reading

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Please Sign Urgent Petition Against Derivatives Deregulation

Details here: Please Sign Urgent Occupy the SEC Petition on Against Derivatives Deregulation Background here, here, here, here, here,  here, here and here.

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The Economy Is Worse than During the Great Depression

Underneath the Propaganda, the Economy Is In BAD SHAPE … We noted in 2013 that the British economy is worse than during the Great Depression. The Washington Post’s Wonkblog pointed out in August that Europe is stuck in a “Greater … Continue reading

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Not Just Oil: Guess What Happened The Last Time Commodity Prices Crashed Like This?…

By Michael Snyder. It isn’t just the price of oil that is collapsing.  The last time commodity prices were this low was during the immediate aftermath of the last financial crisis.  The Bloomberg Commodity Index fell to 110.4571 on Monday … Continue reading

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EU Demands Russia Bail Out EU & Ukraine

Eric Zuesse IMF says Ukraine will be bankrupt ‘within weeks’ and needs $15 billion more for war against eastern Ukraine; EU threatens Russia with more sanctions if Russia lets Ukraine go bankrupt; EU will lose billions on Ukraine if Russia … Continue reading

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Why Are U.S. ‘News’-Media Ignoring Important News?

Eric Zuesse On December 5th, it was “U.S. House Votes 98% to Donate U.S. Weapons to Ukraine; U.S. Public Is 67% Against. Is this Democracy?” On December 6th, it was “Ukraine Receives New Weapons.” On December 7th, it was “NATO … Continue reading

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NATO Prepositions Weapons in Poland for Attack on Russia

Eric Zuesse On July 24th, the Times of London did not headline as this news-report is headlined, but instead headlined much more obscurely, “Russia fears prompt Nato to look east for HQ.” Of course, people in the West tend not … Continue reading

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New Law Would Make Taxpayers Potentially Liable For TRILLIONS In Derivatives Losses

By Michael Snyder. If the quadrillion dollar derivatives bubble implodes, who should be stuck with the bill?  Well, if the “too big to fail” banks have their way it will be you and I.  Right now, lobbyists for the big … Continue reading

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Ukraine Receives New Weapons

Eric Zuesse The Government of Ukraine held a ceremony on Saturday, December 6th, with the country’s President, Petro Poroshenko, reviewing newly donated weapons, from undisclosed donors. According to the official announcement, “The Armed Forces’ units received tanks Т-64BМ ‘Bulat’, tanks Т-64 … Continue reading

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Wall Street Moves to Put Taxpayers on the Hook for Derivatives Trades

Submitted by Mike Krieger via Liberty Blitzkrieg blog. Wall Street has for some time attempted to put taxpayers on the hook for its derivatives trades. I highlighted this a year ago in the post: Citigroup Written Legislation Moves Through the House of Representatives. … Continue reading

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Plummeting Oil Prices Could Destroy The Banks That Are Holding Trillions In Commodity Derivatives

By Michael Snyder. Could rapidly falling oil prices trigger a nightmare scenario for the commodity derivatives market?  The big Wall Street banks did not expect plunging home prices to cause a mortgage-backed securities implosion back in 2008, and their models … Continue reading

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U.S. House Votes 98% to Donate U.S. Weapons to Ukraine; U.S. Public Is 67% Against. Is This Democracy?

Eric Zuesse In a remarkable disjunction between voters and their elected (supposed) representatives in the U.S. House of Representatives, the members of the House voted on December 4th, by  411 “Yea” to 10 “Nay,” to donate U.S. weapons to the … Continue reading

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Just In: See How Your Representative Voted on Bill for Obama to Send Weapons to Ukraine

Eric Zuesse   It’s a bill authorizing Obama to supply weapons to the bankrupt Ukrainian Government to exterminate (and/or drive out into neighboring Russia) the people in the areas of Ukraine’s southeast that had voted 90% for the Ukrainian President, Viktor Yanukovych, whom Obama overthrew in … Continue reading

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China’s Economy Surpassed U.S. … a Long Time Ago

This is what’s above the fold on Drudge right now: (click to see the full image.) Drudge links to a MarketWatch article stating: We’re no longer No. 1. Today, we’re No. 2. Yes, it’s official. The Chinese economy just overtook … Continue reading

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Nazism Is Back

And It’s Winning in U.S., Europe, Israel, and Japan. The New, More-Sophisticated, CIA-Trained, Nazis. Here’s a Video-Tour through Today’s, CIA-Led, Nazism. This tour is through reality that violates and smashes practically every stereotype (which is probably why the CIA thinks … Continue reading

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Banana Republic Level of Inequality Is Undermining America’s Geopolitical Power

The United States Has Fallen from that Shining City On the Hill to a Banana Republic Everyone knows that the medieval, king-and-serf levels of inequality and social mobility we now have are destroying our economy. It is also destroying the very form … Continue reading

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The Dow Jones: Beautiful Tree in the Desert

Guest post by Wim Grommen. Mr. Grommen was a teacher in mathematics and physics for eight years at secondary schools. The last twenty years he trained programmers in Oracle-software. He worked almost five years as trainer for Oracle and the … Continue reading

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Nobel Prize Winning Economists, Federal Reserve Chair and Other Top Experts: War Is BAD for the Economy

Debunking the Stubborn Myth that War Is Good for the Economy About.com notes: One of the more enduring myths in Western society is that wars are somehow good for the economy. It is vital for policy-makers, economists and the public … Continue reading

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The Biggest Scandal in America Is Its Controlled Press

Eric Zuesse How many Americans know that the current regime in Ukraine was installed in a very bloody February 2014 coup d’etat, that was planned in the U.S. White House, and overseen by an Assistant Secretary of State, Victoria Nuland, … Continue reading

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The Idiotic Economic Theory That’s Causing Governments to Blow Up Their Economies

No, We CAN’T Inflate Our Way Out of a Debt Trap Top mainstream economists have pushed the theory that we can inflate our way out of a debt crisis. Ben Bernanke and Paul Krugman said in 2009 that we should … Continue reading

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New Rules: Cyprus-style Bail-ins to Take Deposits and Pensions

By Ellen Brown. On the weekend of November 16th, the G20 leaders whisked into Brisbane, posed for their photo ops, approved some proposals, made a show of roundly disapproving of Russian President Vladimir Putin, and whisked out again. It was … Continue reading

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Obama Is 100% Opposed to Accountability. But the Problem Goes Even Deeper …

Eric Zuesse U.S. President Barack Obama has blocked accountability, everywhere he can. (1) Obama did it for the top officials who had caused illegal tortures to be used by the Government. (2) Obama did it also for the top officials … Continue reading

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Malaysia Becomes Angry About Exclusion from MH17 Investigation

Eric Zuesse Now nearly five months after the Malaysian Airlines MH17 passenger plane got shot down in Ukraine (killing all 298 onboard), Malaysians are going public with their anger about having been excluded from the investigation-team that is to write … Continue reading

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France’s President Rejects U.S. President’s Demand for Global Oligarchy

Eric Zuesse The Government of French President Francois Hollande has said no to the demand by the Government of American President Barack Obama that panels of international corporations be granted the power to override national laws and determine individual countries’ … Continue reading

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“America Has No Higher Rate of Social Mobility than Medieval England”

“Rags to Riches” No Longer Real Possibility In America We’be documented for years that the American Dream has ended … And it’s now just a myth. CBS News Sacramento provides details: A UC Davis economics professor has determined there is … Continue reading

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Some of the Latest News on Ukraine, from Deutsche Wirtschaft Nachrichten

Eric Zuesse Here are summaries of recent news-reports about Ukraine, in the German Economic News, or Deutsche Wirtschaft Nachrichten: —— NATO Gives Russia No Guarantee that Ukraine’s Membership-Application Will Be Rejected German Economic News  |  Published: 11/19/14 23:35 clock |  … Continue reading

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Highlights of the Wonderful Criminal Background of CIA

from the online files of Ronald Thomas West As selected by Eric Zuesse — http://www.scribd.com/doc/247754309/Binyam-Mohmed-Documents Documents (information) developed in the CIA rendition case of Binyam Mohamed Her Majesty’s Secret Intelligence Service (SIS) SIS Message Containing Guidance 11 January 2002 Agency policy … Continue reading

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Big Banks Take Huge Stakes In Aluminum, Petroleum and Other Physical Markets … Then Manipulate Their Prices

Giant Banks Take Over Real Economy As Well As Financial System … Enabling Manipulation On a Vast Scale Top economists, financial experts and bankers say that the big banks are too large … and their very size is threatening the … Continue reading

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U.S. & ‘International Banks’ Finance Ukraine’s Civil War

Eric Zuesse On November 26th, Ukraine’s Prime Minister, Arseniy Yatsenyuk, said, “Our cabinet has resumed the program of activity and cooperation with the International Monetary Fund (IMF), the European Bank for Reconstruction and Development (EBRD) and other banks. Today international … Continue reading

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The American Dream Has Moved to Scandinavia

“Rags to Riches” Much Easier In Scandinavia than America We noted in 2010 that the American Dream – the possibility of a “rags to riches” success story – has moved abroad … since social mobility in the U.S. is much … Continue reading

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WSJ Reports: Bank of North Dakota Outperforms Wall Street

Guest post by Ellen Brown. While 49 state treasuries were submerged in red ink after the 2008 financial crash, one state’s bank outperformed all others and actually launched an economy-shifting new industry.  So reports the Wall Street Journal this week, … Continue reading

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Follow The Sand To The Real Fracking Boom

When it takes up to four million pounds of sand to frack a single well, it’s no wonder that demand is outpacing supply and frack sand producers are becoming the biggest behind-the-scenes beneficiaries of the American oil and gas boom. … Continue reading

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France Will Renege on Russian Contract, Says Pres. Francois Hollande

Eric Zuesse On November 25th, French President Francois Hollande announced that France, which has already missed two deadlines to deliver to Russia two completed Mistral helicopter-carriers to Russia, won’t deliver either ship until Washington has no further complaints about Russia’s … Continue reading

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The REAL Looting Is Happening On Wall Street … Not In Ferguson

Images by William Banzai Who Are the Worst Looters? The looting in Ferguson, Missouri is bad.    The looters are giving the peaceful protesters against the shooting of Michael Brown a bad name, and provoking an armed (and over-militarized) response by … Continue reading

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U.S. Among Only 3 Countries at U.N. Officially Backing Nazism & Holocaust-Denial; Israel Parts Company from Them; Germany Abstains

Eric Zuesse In a U.N. vote, on November 21st, only three countries — the United States, Ukraine, and Canada — voted against a resolution to condemn racist facsism, or “nazism,” and to condemn denial of Germany’s World War II Holocaust … Continue reading

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3 Billion Gallons of Highly-Toxic Fracking Waste Dumped Into California Drinking Water Supply

California Has Been Fracked We’ve warned for years that fracking pollutes our scarce drinking water. As the Emmy-winning documentary Gasland demonstrates,  fracking is polluting water all over the country. A study published in the journal Ground Water predicts that the … Continue reading

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Why Do We Allow Ukraine’s Government to Write the Official Report on The Downing of MH17?

Eric Zuesse There are only two suspects in the shoot-down of the MH17 Malaysian airliner over Ukraine on July 17th: the separatist rebels, whom the Ukrainian Government charge had shot it down mistaking it for one of the Ukrainian Air … Continue reading

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This Crisis Was Foreseeable … Thousands of Years Ago

Economists, Military Strategists and Others Warned Us … Long Ago We’ve known for 5,000 years that mass spying on one’s own people is always aimed at grabbing power and crushing dissent, not protecting us from bad guys. We’ve known for … Continue reading

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Why QE May Lead to DEFLATION In the Long Run

“If [They’re] Right, Everything The Fed Has Been Doing To Try To Stimulate The Economy Isn’t Just Useless — It’s Backward” Preface: Financial experts have been debating since the start of the 2008 financial crisis whether inflation or deflation is … Continue reading

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Americans Still Have NO CLUE About How Much Inequality We Have

Politicians, Media and Wall Street May Be Trying to Hide the Size of the Gap Even years after the Occupy protests (love ‘em or hate ‘em, they focused everyone’s attention on inequality),  Americans are still clueless about how much inequality … Continue reading

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Obama’s TTIP Trade Deal w. Europe Would Be Disastrous for Europe, Says the First Independent Study

Eric Zuesse On November 14th, German Economic News (which this writer has found to be the world’s most honest, non-propagandistic, newspaper) published two articles about, and they also posted to the Internet, the first independent study of the likely impacts … Continue reading

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For the First Time in 170 years, the British Parliament Will Debate How Money Is Really Created

The Secret Life of Money A mere 8 months ago, the Bank of England admitted that central banks create money out of thin air. Now, Parliament is about to debate how money is really created:

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Why Is Europe Staying with the Leading Fascist Power, That’s Now Turned Nazi?

Eric Zuesse The United States is a gung-ho supporter of a genocide that it created. (Click on those links, for the verification of these shocking facts — shocking only because they’re covered up by our ‘press.’) Why does Europe tolerate … Continue reading

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Why Stocks Are Soaring … Even though the Fed Stopped Quantitative Easing

The Answers Might Surprise You Why are stocks still soaring, even though the Fed stopped QE? Initially, QE arguably hasn’t totally stopped been stopped. And – of course – Japan’s massive QE is helping the Dow and S&P as well. Additionally, several … Continue reading

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Inequality Now at Lord and Serf Level

You Know Inequality Is Bad … But You Don’t Know HOW Bad You know inequality is bad … but you don’t know how bad. We’ve gotten to the overlord and serf level. Gini Graham Scott writes: Today, as the rich … Continue reading

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The View that Putin’s Advisor Has on Obama’s Ukrainian War

Eric Zuesse U.S. President Barack Obama’s operation (click on this for the documentation) to exterminate pro-Russian voters in Ukraine, was discussed back in July by Russian President Vladimir Putin’s chief foreign affairs advisor, Sergei Glazyev, in an interview by Alyona … Continue reading

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Inequality Is Cyclical, Skyrocketing Until – Periodically – Revolution Forces Concessions from Those Who Have Grabbed All the Wealth

Cycles of Wealth Preface:  Sometimes breakthrough insights come from smart, accomplished people in one expertise who look at a different field with fresh eyes … unencumbered by the dogmas and politics of that field. Peter Turchin is a professor in … Continue reading

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Media Blackout as U.S. Sponsors Genocide in Southeastern Ukraine

Eric Zuesse Here’s a typical example of what’s being blacked-out: This is a photo of a Ukrainian soldier guiding a truck-full of prisoners toward a ditch, to which the prisoners are then dragged one-by-one, and thrown in, and shot — … Continue reading

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

Currency Markets Are Rigged Currency markets are massively rigged. And see this and this. Reuters notes today: Regulators fined six major banks including Citigroup (C.N) and UBS (UBSN.VX) a total of $4.3 billion for failing to stop traders from trying … Continue reading

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New Attorney General: As Much of a Hack as Eric Holder

Originally posted at Reader Supported News. By Carl Gibson* After the news broke of Eric Holder’s departure from the DOJ, I called on President Obama to nominate Mississippi Attorney General Jim Hood, based on his exemplary record of defending consumers … Continue reading

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If Everything Is Just Fine, Why Are So Many Really Smart People Forecasting Economic Disaster?

By Michael Snyder. The parallels between the false prosperity of 2007 and the false prosperity of 2014 are rather striking.  If we go back and look at the numbers in the fall of 2007, we find that the Dow set … Continue reading

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How Our People Do Their Extermination-Jobs in Ukraine

Eric Zuesse Below is a video of “our side” in the Ukrainian civil war carrying out part of the Ukrainian Defense Minister, Mikhail Koval’s, extermination plan, which was injudiciously described by him right after a press conference. On June 11th, … Continue reading

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8 Charts Showing the Real State of the American Economy

What’s Really Happening? Jim Rickards was interviewed recently by Money Morning, and he presented 8 must-see charts … 1. Bang for the Buck The bang for buck has plunged in terms of how much stimulus federal spending has on the … Continue reading

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Nazi NATO, but No War Crimes Tribunal? Why?

Eric Zuesse The above is from a video discussed below, about what “our people” are doing to “their people.” A friend who lives in Ukraine sent me this message a few hours ago: I got a call from Donestsk the … Continue reading

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Western News-Suppression about the Downing of MH-17 Malaysian Jet

Eric Zuesse The cause of the shooting-down of the Malaysian passenger plane MH-17 on July 17th (while that plane was flying over the conflict-zone during Ukraine’s civil war) is becoming clearer and clearer, despite the rigorous continuing attempts by Western … Continue reading

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My Predictions Are Unfortunately Coming True

Eric Zuesse For several months now, I have predicted that if no House Democrat would introduce a bill of impeachment against President Barack Obama (for whom I voted, incidentally), then Republicans on November 4th would elect not just one but … Continue reading

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California Could Suffer a Fukushima-Style Meltdown

U.S. Ignoring Earthquake Risks to Nuclear Plants Scientists warned that an earthquake could take out Fukushima. The Japanese ignored the warning. (The Fukushima reactors were damaged by the earthquake before the tsunami hit, because the design of the reactors was … Continue reading

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Ukraine’s Stunning Election-Results

Eric Zuesse If the new Ukrainian parliament fails to deliver an intensification of the ethnic-cleansing that is going on against the nation’s ethnic-Russian southeast, Ukrainians in the northeast will be sorely disappointed. Even before the February coup and the breakaway … Continue reading

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Japan Goes “All In” On Quantitative Easing … Even though the Inventors of QE All Say It Destroys the Economy In the Long-Run

Has Japan Just Signed Its Own Death Warrant? Japan just went all-in on quantitative easing. Bloomberg reports: The Bank of Japan’s expansion of record stimulus today may see it buy every new bond the government issues. The BOJ said it … Continue reading

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Slavery Is Now Being Put into Practice by the Ukrainian Government

Results from Ukraine’s New Law for Government-Imposed Slavery (And How Western ‘News’ Media Have Hidden All of This from You) Eric Zuesse On September 26th, I headlined “Ukraine Government Officially Introduces Slavery, with Vague Terms,” and I wondered when and … Continue reading

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What’s Behind Lower Gas-Prices and the Bombings of Syria and of Southeastern Ukraine

  Obama Represents U.S. & Arabic Aristocracies, Against Those of Russia & Iran. Eric Zuesse   INTRODUCTION: Why is the Ukrainian Government, which the U.S. supports, bombing the pro-Russian residents who live in Ukraine’s own southeast? Why is the American … Continue reading

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Why Do Banks Want Our Deposits? Hint: It’s Not to Make Loans

By Ellen Brown. Many authorities have said it: banks do not lend their deposits. They create the money they lend on their books. Robert B. Anderson, Treasury Secretary under Eisenhower, said it in 1959: When a bank makes a loan, … Continue reading

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Ukriane’s Civil War Is Restarting: a Good Site for Following It

Ukrainian Government is said to have air-dropped leaflets: “leave or die.” Introductory note by Eric Zuesse: Below is from a recent day’s report by the Belarusian (or “Byelorussian”) management-consulting firm Geopolitics, a site which often posts the most-penetrating daily reports … Continue reading

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The Pope: “Corruption Is a Greater Evil than Sin”

Modern interpretation of Christ driving the money changers from the temple by Anthony Freda/Daniel Zollinger “More than Forgiven, This Evil Must Be CURED” Preface: If you are an atheist (or adherent of another faith) and believe that the Catholic faith … Continue reading

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The Rape of Democracy

Eric Zuesse On the one side are Republicans, who resent taxes and self-identify with rich people who say that government is basically a huge waste of money and only private business is efficient and productive. On the other side are … Continue reading

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List of the World’s Richest Countries; America’s Special Role in It

Eric Zuesse The world’s richest countries are the ones where the median wealth per person is the highest. This system ranks nations truly according to the most-representative person in each given nation — the person who is in the exact … Continue reading

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Pew Finds: Conservatives Get Their News from Fox; Liberals Get Theirs Everywhere

Eric Zuesse Pew headlined on October 21st, “Political Polarization & Media Habits,” and reported “Striking Differences Between Liberals and Conservatives,” such as that Fox News Channel dominates as the news-source among conservatives, but that no news-source dominates among liberals. 47% of “Consistent … Continue reading

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D.C. Is America’s Most Expensive City, Because It’s Where the Pig Trough Is Located

People Will Pay a LOT of Money to Live Near the Money Spigot We noted in 2011 that Washington, D.C. is like a separate country.  Specifically, the sausage-makers engaging in pork-barrel politics and the lobbyists feeding at the trough are … Continue reading

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Germany’s Merkel Agrees with ‘Angry’ Slovak Leader that Ukraine Bums EU to Pay for Russian Gas

But Merkel says EU taxpayers will have to subsidize Ukraine. Eric Zuesse On October 21st, the German Economic News  headlined (as translated), “Merkel: EU Taxpayers Should Finance Debt of Ukraine,” and reported that, “Angela Merkel visited [Slovakia’s Prime Minister] Robert Fico … Continue reading

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If Republicans Win Control of the Senate in November, Nuclear War with Russia Will Be More Likely. Here’s Why.

Eric Zuesse Senate Bill S. 2277 is sponsored by 26 Republicans and no Democrats, and it would give President Obama the virtually unlimited authority to take U.S. to war against Russia in defense of the Ukrainian Government that Obama’s February 2014 coup … Continue reading

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Obama Misrepresents the Russian Economy

Eric Zuesse A report posted October 15th at Russia Insider (a Russian website), headlined “Russian Industry Expands Rapidly In September, Hammers Expectations: Fastest growth since 2012. Manufacturing up 3.6%. Food production shows double digit growth.” This contradicts many reports in U.S. media, … Continue reading

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Politicians Try to Make Ebola a Partisan Issue for the Upcoming Election … But BOTH Parties Dropped the Ball

Both Parties Are Responsible The Dallas Morning News notes: The political blame game over the deadly Ebola virus is in full swing just weeks before the November elections — with each side ignoring the facts. In reality, both sides have … Continue reading

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U.S. Response to Ebola: We Don’t Have the “Strongest” Medical System In the World … Only the Most EXPENSIVE

U.S. Healthcare Executives Are Talking Their Book U.S. medical officials have repeatedly said – almost like a mantra – that Ebola can’t possibly effect our country because we have the “strongest” and “best” medical system in the world. Were they … Continue reading

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Can We Admit That Economic Policy Has Failed Yet?

Government Economic Policy Has Been As Bad As Its Policy Towards ISIS or Ebola What’s causing the market to tank? Lets turn back the clock a couple of days, when the head of the International Monetary Fund said that there … Continue reading

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12 Charts That Show The Permanent Damage That Has Been Done To The US Economy

By Michael Snyder. Most people that discuss the “economic collapse” focus on what is coming in the future.  And without a doubt, we are on the verge of some incredibly hard times.  But what often gets neglected is the immense … Continue reading

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Federal Reserve Bank Admits Again That It Is NOT a Federal Agency

No More Federal than Federal Express As we’ve reported for over 4 years, the Federal Reserve banks are private, not government agencies. Indeed, the government admitted 86 years ago that the Fed banks are private. And the Fed has repeatedly … Continue reading

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Pervasive Lying in U.S. & UK ‘News’ Media

Why are these questions being asked on Russian TV, but not on U.S. TV? Eric Zuesse The lying is intentional, and it is systematic; but it is so on only the most important news-topics, the ones that affect the nation’s … Continue reading

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Building an Ark: How to Protect Public Revenues From the Next Meltdown

By Ellen Brown. Concerns are growing that we are heading for another banking crisis, one that could be far worse than in 2008.  But this time, there will be no government bailouts. Instead, per the Dodd-Frank Act, bankrupt banks will … Continue reading

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How America Changed from Being the World’s Leading Democratic Nation under FDR, to Being the World’s Leading Nazi Nation under Obama

Eric Zuesse America has changed fundamentally since — and away from — the values that President Franklin Delano Roosevelt represented both in his words, and in his actions (that’s to say, in his actual decisions, his choices, as the U.S. President). … Continue reading

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The Coming Revolution: Evolutionary Leap or Descent Into Chaos and Violence?

By David DeGraw.  DeGraw was one of the main organizers of Occupy Wall Street. This is Part 3 in a series of adapted excerpts from my new book, The Economics of Revolution. You can read Part 1 here and Part … Continue reading

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Biden Speech Loaded w. Lies About Ukraine

The Ukrainian Portion of V.P. Biden’s Harvard Kennedy-School Address, Oct. 3rd Eric Zuesse [INTRODUCTORY NOTE: Almost everything that our Vice President said about Ukraine and Russia, in this speech he delivered at Harvard on October 3rd, is a lie or … Continue reading

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Gallup: Republicans Are Likely to Win Congress Next Month

Eric Zuesse On October 8th, Gallup issued three polls that present next month’s elections as a likely bloodbath for congressional Democrats. One  bannered “Voter Engagement Lower Than in 2010 and 2006 Midterms,” and reported that by a whopping 19%, Republicans felt more … Continue reading

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It’s Official: China Dethrones America As Largest Economy

Under One Test We reported in April 2012 that leading Chinese economic analyst (and American ex-pat) professor Michael Pettis argued in 2011 that China’s GDP might already higher than America’s in terms of purchasing power parity. And we noted that … Continue reading

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Leading German Journalist Admits CIA ‘Bribed’ Him and Other Leaders of the Western ‘Press’

Eric Zuesse Udo Ulfkotte, a former editor of Frankfurter Allgemeine Zeitung (which is one of Germany’s largest newspapers), has decided to go public about the corruption of himself and the rest of the Western ‘news’ media, because he finds that this corruption … Continue reading

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Gallup Poll Finds Business Majors Graduate to the Worst Careers

An Important Finding to Guide Students in Choosing Their Career-Paths Eric Zuesse In what many people might consider to be a shocking finding, the Gallup Poll reported, on Thursday, October 2nd, that America’s college and university graduates with “Business” degrees (including … Continue reading

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Ukrainian Separatists Urge Immediate World Attention to Block a Mass-Execution by Ukraine

Eric Zuesse   The pro-Russian website, https://vk.com/wall-74692511_15456, issued yesterday the following bulletin, which has just now been confirmed as authentic, by the southeastern-Ukrainian democratic leader Oleg Tsarev; so it’s passed on: — Citizens’ Union of Ukraine —  WARNING !!!  Please Immediately … Continue reading

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Why Obama Lost His War in Ukraine

Eric Zuesse When President Obama took control of Ukraine in February 2014, via a coup d’etat against the democratically elected President, rather than by an outright invasion of U.S. troops, the new Government that he imposed in Kiev was democratically very … Continue reading

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Putin’s Possible Successor Explains Russia’s Military & Economic Plans

Eric Zuesse http://vineyardsaker.blogspot.ru/2014/09/dmitri-rogozin-interviewed-by-vladimir.html The Floridian blogger about Russia, “Vineyard of the Saker,” posted an English translation on September 29th of an informative interview on Russian television. (You can see the entire translated interview at http://vineyardsaker.blogspot.ru/2014/09/dmitri-rogozin-interviewed-by-vladimir.html.) Deputy Prime Minister Dmitri Rogozin, who has … Continue reading

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Results of Obama’s Ukraine Policy

Eric Zuesse U.S. President Barack Obama replaced the Ukrainian Government in late February 2014, and he has achieved a lot there, most especially by means of the civil war that resulted when he tried to exterminate the people who had voted for … Continue reading

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Ukraine Government Officially Introduces Slavery, with Vague Terms

Eric Zuesse On 23 September 2014, the Ukrainian Ministry of Social Policy announced official civilian slavery, via an obscure press release, headlined “The Government has extended the list of community service under martial law”; and they announced it there, in bureaucratic phrases that … Continue reading

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