Category Archives: Business / Economics

Business and Economics

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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Pres. Obama Picks Another Fight; This Time Venezuela

Declares It ‘Threat to National Security'; Seeks Regime-Change Eric Zuesse The Obama Administration, which in 2009 provided the crucial assistance that enabled the progressive democratic President of Honduras to be overthrown and a junta of oligarchs to replace him; and which in … Continue reading

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The Dow Is a Sham

Arbitrary Price Weighting Wim Grommen has been claiming for years that the Dow Jones Industrial Average is a sham, because it is manipulated to push up the market. Investment manager and writer Barry Ritholtz notes today: The venerable Dow … … Continue reading

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Nearly At ‘Full Employment’? 10 Reasons Why The Unemployment Numbers Are A Massive Lie

By Michael Snyder, Economic Collapse Blog. On Friday, we learned that the official “unemployment rate” has fallen to 5.5 percent. Since an unemployment rate of 5 percent is considered to be “full employment” by many economists, many in the mainstream … Continue reading

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The Origin of the ‘New Cold War’

Eric Zuesse This will be history, replacing myth. So: if at the start it might seem unbelievable, I request the reader — please click onto the sources; and, as you read them, you will (if you have been getting your … Continue reading

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EU Increasingly Abandons Obama on Ukraine

Eric Zuesse As reported on Saturday March 7th by both German Economic News, and Spiegel magazine, the ongoing lies and arrogance from U.S. President Barack Obama’s Administration regarding Ukraine and Russia have finally raised to the surface a long-mounting anger of Germany’s Chancellor … Continue reading

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Europe Blocks U.S. from Racing to War Against Russia

Eric Zuesse On Friday, 6 March, President Obama placed temporarily on ice his planned increase in weapons and soldiers to help the Ukrainian Government to ‘defend’ Ukraine against the ‘terrorists’ in Donbass, which is the Ukrainian region that had voted 90% for the President whom the … Continue reading

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The ‘Democrat’ Brzezinski Says Russia’s Putin Wants to Invade NATO

Eric Zuesse Zbigniew Brzezinski, U.S. President Obama’s friend and advisor on Russia, is a born Polish aristocrat who has hated Russia his whole life but who hid that hatred until after the communist Soviet Union collapsed and he then publicly … Continue reading

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What the World’s Most Prominent Economists REALLY Said

What Adam Smith and Keynes Really Thought Adam Smith is widely trumpeted as the “father of free market economics”. John Maynard Keynes is currently the most widely-followed economist in the world … credited with the idea of “stimulating our way … Continue reading

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QE Inventor: It’s EASY to Create a Full-Blown Recovery, But Central Banks Chose to Make Banksters Rich Instead of Helping Main Street

QE Is a Sham Richard Werner (economics professor at University of Southampton) is the inventor of quantitative easing (QE). Werner previously said that QE has failed to help the economy. (Former long-time Fed chair Alan Greenspan agrees.  Numerous academic studies … Continue reading

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Obama’s Biggest Lie About Obamacare

He promised “universal coverage” but delivered a plan in which that was impossible. Consequently, whereas 85.4% of Americans had coverage in 2008, only 87.7% have coverage today, far short of the promised 100% — though 100% coverage is the norm … Continue reading

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BLOOMBERG: Putin Is to Blame for Ukraine, But West Owes Ukraine Bailout

Eric Zuesse The anti-Russian ‘news’ organization Bloomberg, owned by the former Mayor of Wall Street, Michael Bloomberg, says in a March 3rd editorial about Ukraine, that “Only swift and radical debt relief can help the country out of its economic quagmire,” … Continue reading

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The World’s Great Newspaper Reports on Ukraine

Eric Zuesse Here are summaries (translated by me into English) of the latest news-reports on Ukraine, in Deutsche Wirtschafts Nachrichten, or German Economic News. (Click on the following link to see each of these news reports in full. If you use … Continue reading

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Global Debt Is MORE THAN TWICE AS BIG As the Entire World Economy … What Does It Mean?

Global Debt Is Almost 3 Times As Big As the World Economy The Guardian reports that global debt has grown by $57 trillion dollars – to $199 trillion dollars – since the 2008 financial crisis. How much is that?  It’s … Continue reading

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Obama Prioritizes Weakening Russia, Over Weakening ISIS

Eric Zuesse Michael Snyder noted at Global Research on March 1st, that the U.S. is now air-dropping weapons into ISIS territory inside Syria. The U.S. is arming ISIS against Syria’s President Bashar al-Assad, whom Obama wants to remove. Snyder asks rhetorically: … Continue reading

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Meta-Study On Genetically Modified Food: Virtually All Independent Scientists Are Concerned

Half of the Studies Find Cause For Concern … The Other Half Are Studies By the GMO Food Industry Itself Painting by Anthony Freda: www.AnthonyFreda.com Tufts University’s Director of the Research and Policy Program at the Global Development and Environment … Continue reading

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22 million reasons black America doesn’t trust banks

By Marcus Anthony Hunter, University of California, Los Angeles “This bank is just what the freedmen need,” remarked President Abraham Lincoln on March 3, 1865, as he signed the Freedman’s Bank Act, authorizing the organization of a national bank for … Continue reading

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Making Sense of Obama’s Foreign Policy

Eric Zuesse On February 22nd, NBC’s “Meet the Press” presented reporter Richard Engel in a terrific four-minute documentary on Barack Obama’s and Hillary Clinton’s catastrophic policy-results in Libya. (You can watch it by clicking on that link.) The segment concluded that … Continue reading

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The Entire Case for Sanctions Against Russia Is Pure Lies

Eric Zuesse U.S. President Barack Obama has stated many times his case against Russia — the reason for the economic sanctions. In his National Security Strategy 2015, he uses the term “aggression” 18 times, and 17 of them are referring specifically to only … Continue reading

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Ukraine Prepares for an Attack Against Russia

Eric Zuesse The post-coup leaders of Ukraine have routinely said that Ukraine should destroy Russia; and, now, starting on February 24th, they are placing into position the key prerequisite for doing so, which is the advanced Anti-Ballistic-Missile, or ABM, system, … Continue reading

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Top Ukrainian Nazi Visits U.S. Congress, Pentagon, Seeks Weapons for Ukraine

Eric Zuesse The Deputy Speaker of Ukraine’s parliament, Andriy Parubiy, who had been the co-founder of the Nazi-inspired Social Nationalist Party of Ukraine, met in Washington on Wednesday, February 25th, with members of the U.S. House and Senate who support … Continue reading

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The Cost of NSA Spying On the U.S. Economy Is “Incalculable”

Spying Is Destroying the U.S. Economy We’ve thoroughly documented that unnecessary spying by the U.S. government is costing the American tech sector many billions of dollars … and the U.S. economy as a whole hundreds of billions of dollars. Things … Continue reading

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Washington’s Blog: The eBook

Eric Zuesse suggested that I write an eBook, rounding up our news stories and information in one place. That would be a big – but doable – project.  We would need to prioritize the effort, and would therefore likely make … Continue reading

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Propaganda Success: How the U.S. Gov’t. Has Reveled in the Success of Its Lying Propaganda

Submitted by Eric Zuesse First: There’s the reality of how the Malaysian MH17 airliner was shot down by the Ukrainian Air Force, as instructed by Barack Obama after he had failed to get the EU sanctions he wanted against Russia, and there … Continue reading

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14 Signs That Most Americans Are Flat Broke And Totally Unprepared For The Coming Economic Crisis

By Michael Snyder, Economic Collapse Blog. When the coming economic crisis strikes, more than half the country is going to be financially wiped out within weeks.  At this point, more than 60 percent of all Americans are living paycheck to … Continue reading

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What’s Behind Ukraine’s Secret Weapons Deal with UAE

Eric Zuesse U.S. President Barack Obama apparently is going ahead with his plan for NATO missiles to be placed in Ukraine aimed against Moscow, but found a way to do it that won’t violate the warnings by Russia’s President Vladimir … Continue reading

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Financial War: US Wants to Trigger Wave of Russian Bankruptcies

[translated by Eric Zuesse, from German Economic News:] http://deutsche-wirtschafts-nachrichten.de/2015/02/23/finanz-krieg-usa-wollen-pleite-welle-von-russischen-unternehmen-ausloesen/ Financial War: US wants to trigger wave of Russian bankruptcies German Economic News  |  Published: 02/23/15 12:55 clock  |  42 Comments The US government insists on a tightening of sanctions against Russia, and demands that the EU follow … Continue reading

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Europeans Want TTIP Trade-Deal, Though Obama Blocks Making Its Terms Public

Eric Zuesse TTIP is a secretly negotiated trade deal between the U.S. and the EU, and all indications are that it will replace each nation’s drug-safety, product-safety, food-safety, environmental, and worker-protection, regulations and laws, placing them into the hands of … Continue reading

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Obama’s War-Policies Show a Pattern

On the First Anniversary of Ukraine’s Maidan Coup: Obama’s War-Policies Show a Pattern [Editor’s Note: Documentation on each of the key points in this news report and analysis can be seen by merely clicking on the link where the given … Continue reading

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Dailykos’s Cover-Up of Obama’s Ukrainian Atrocities

Eric Zuesse Generally speaking, the falsely-called ‘liberal’ (some even call it ‘progressive’) website dailykos (founded and owned by the ‘formerly’ far-right Markos Moulitsas Zuniga) has ignored President Barack Obama’s coup a year ago in Ukraine, which violently overthrew that country’s … Continue reading

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Ukraine Conscripts Children in Foreign Countries

Eric Zuesse Ukraine is now so desperate to murder more residents in its Donbass region, that it is conscripting for its ethnic-cleansing there to clear the Donbass land of its residents (who had voted 90% for the man whom Obama … Continue reading

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Crimea: Was It Seized by Russia, or Did Russia Block Its Seizure by the U.S.?

Eric Zuesse Both before and after Crimea left Ukraine and joined Russia in a public referendum on 16 March 2014, the Gallup Organization polled Crimeans on behalf of the U.S. Government, and found them to be extremely pro-Russian and anti-American, … Continue reading

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Economists: A Large Financial Sector HURTS the Economy

Contrary To Widespread Assumption, A Large Financial Sector Is Bad for the Economy One of our favorite economists – Steve Keen – showed in 2010 that a large financial sector hurts the economy. Specifically, Keen showed that bank profits above … Continue reading

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“Too Big To Fails” Have Stopped Being Banks

Image by William Banzai No Longer Focused On Deposits Or Loans Bloomberg reported last month: “Banks don’t have a need for deposits, and the demand for loans by households and firms is weak,” Niels Storm Stenbaek, chief economist at the … Continue reading

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OPINION: Russia’s Outrageous Treatment of a Right-Wing Ukrainian Film Director

Eric Zuesse Oleg Sentsov is an anti-Russian Ukrainian nationalist who also happens to be a screenwriter and director of Ukrainian-language movies. Because he hates Russia and refuses to accept Crimea’s being again a part of Russia (which it was between … Continue reading

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NYU Professor Uncovers How the FDA Systematically Covers Up Fraud and Misconduct in Drug Trials

Submitted by Mike Krieger via Liberty Blitzkrieg blog, That misconduct happens isn’t shocking. What is: When the FDA finds scientific fraud or misconduct, the agency doesn’t notify the public, the medical establishment, or even the scientific community that the results of … Continue reading

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5 Ways Mass Surveillance Is Destroying Our Economy

Prosperity Requires Privacy Privacy is a prerequisite for a prosperous economy. Even the White House admits: People must have confidence that data will travel to its destination without disruption. Assuring the free flow of information, the security and privacy of … Continue reading

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Gallup: Americans’ Fear of Russia Soars

Eric Zuesse Gallup headlined on February 16th, “Americans Increasingly See Russia as Threat, Top U.S. Enemy,” and reported that whereas back in 2011 only 3% of Americans answered “Russia” when asked “What country anywhere in the world do you consider to be … Continue reading

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Evidence About the Connection Between the Ukrainian Coup and Crimea’s Breakaway

Eric Zuesse Little attention is generally paid to the connection between the February 2014 coup in Ukraine, and Crimea’s breakaway from Ukraine. The testimony that will here be cited helps fill this in. An attorney in the federal prosecutor’s office … Continue reading

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Which Is Propaganda, Which Is News-Reporting?

Eric Zuesse FIRST: Here is CNN, reporting on 9 February 2015: —— FOR COMPARISON: Here is Russian Television (RT), on a related story, dated 10 February 2015: Ukraine Bombs Lugansk Soup Kitchen —— DISCUSSION: The CNN news-report was not posted … Continue reading

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How Stupid Do They Think We Are?

Eric Zuesse Newsweek magazine headlined on February 5th, “‘Biggest NATO Reinforcement Since Cold War’ Sets Frontlines Against Russia,” and reported that, “According to general Charles Wald, former-deputy commander of U.S. European Command, … ‘The question for Europe is: is Putin creeping further and further … Continue reading

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Putin Wins, Obama Loses, in Draft Plan for Ukraine

Eric Zuesse The only way that U.S. President Barack Obama can win in Ukraine now is by negotiating subsequent details to become deal-breakers to the February 12th draft agreement, such that for Russian President Vladimir Putin not to accept Obama’s … Continue reading

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Obama’s New National Security Strategy Is Rabidly Anti-Russian

Eric Zuesse U.S. President Barack Obama’s just-issued National Security Strategy 2015 uses the term “aggression” precisely 18 times, all but one of which are either explicitly, or else possibly, referring to Russia, as allegedly doing the alleged “aggression” — never the U.S., … Continue reading

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Why Public Banks Outperform Private Banks: Unfair Competition or a Better Mousetrap?

By Ellen Brown. Public banks in North Dakota, Germany and Switzerland have been shown to outperform their private counterparts. Under the TPP and TTIP, however, publicly-owned banks on both sides of the oceans might wind up getting sued for unfair competition … Continue reading

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Al Qaeda’s Bookkeeper Spills the Beans

Eric Zuesse Zacarias Moussaoui was the bookkeeper for Al Qaeda, but the U.S. intelligence services have been keeping this fact secret as much as they can, because what he knows about the crucial financial backers of Al Qaeda can be … Continue reading

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If You Listen Carefully, The Bankers Are Actually Telling Us What Is Going To Happen Next

By Michael Snyder. Are we on the verge of a major worldwide economic downturn? Well, if recent warnings from prominent bankers all over the world are to be believed, that may be precisely what we are facing in the months … Continue reading

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NY Times Changes Tune on Oil Price Drop Motive

Those relying on the notoriously servile NY Times are now learning, several weeks late, that the recent drop in oil prices is likely politically motivated. Mike Whitney reports (“The Fallujah Option for East Ukraine”): Until this week, the mainstream media … Continue reading

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Is Tolerance of Dishonesty the Fundamental Problem in Our Culture?

Eric Zuesse NBC-TV’s star news-anchor Brian Williams got caught repeatedly lying and fabricating his fake-‘courageous’ personal involvement in news stories that he had ‘reported.’ At LinkedIn, Rob Wyse headlined recently, “Brian Williams Essentially Lied on His Resume, Or Exaggerated The Truth,” and he noted there: “Whether … Continue reading

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U.S. Military Expert Shoots Down Washington’s Weapons-to-Ukraine Argument

Eric Zuesse Michael Kofman isn’t just a defense expert; he’s specialized in the precise region where Ukraine is located. He spent years managing professional military education programs and military-to-military engagements for senior officers at National Defense University.  There he served … Continue reading

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New Video Evidence of America’s Coup in Ukraine — and What It Means

Eric Zuesse New video evidence has been added to the already-conclusive video evidence which shows that the U.S. Government was the controlling power behind the extremely violent  and illegal 18-27 February 2014 Ukrainian coup, which overthrew the democratically elected and never legally removed-from-power Ukrainian President Viktor Yanukovych. This … Continue reading

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USA: Republicans Want to Force Arms to Kiev

http://deutsche-wirtschafts-nachrichten.de/2015/02/06/usa-republikaner-wollen-waffenlieferungen-an-kiew-durchsetzen/ “USA: Republicans want to force arms to Kiev” German Economic News  |  Published: 02/06/15 15:49 clock [Translation by Eric Zuesse, 6 Feb. 2015) If Merkel and Hollande fail in Moscow, the Americans want to supply Ukraine with weapons, say … Continue reading

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Merkel Apparently Fears Devastating Defeat of the Ukrainian Army

http://deutsche-wirtschafts-nachrichten.de/2015/02/05/merkel-fuerchtet-offenbar-verheerende-niederlage-der-ukrainischen-armee/ “Merkel apparently fears devastating defeat of the Ukrainian army” German Economic News  |  Published: 02/06/15 00:02 clock  |  52 Comments (Translation by Eric Zuesse, 6 Feb. 2015) Angela Merkel seems to anticipate the economic and military collapse of Ukraine. … Continue reading

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What Steven F. Cohen & Other Liberals Get Wrong About Obama & Ukraine’s War

Eric Zuesse Liberals won’t acknowledge that they’ve “been had” by Barack Obama when they believed his liberal rhetoric; they won’t acknowledge it, even after Obama has proven by his actions that he is actually extremely conservative (a total agent of … Continue reading

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Brookings Wants More Villages Firebombed in Ukraine’s ‘Anti Terrorist Operation’

Eric Zuesse INTRODUCTION Washington’s prestigious bipartisan think tank, the Brookings Institution, has now issued a call for American taxpayers to finance more firebombings, clusterbombings, and other support to the ethnic cleansing, which has been going on since Ukraine’s coup — the ethnic cleansing that’s … Continue reading

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Ukraine: “We Target Civilians.” Separatists: “Their Targeting Maps Prove It.”

Eric Zuesse Unofficially, the Ukrainian Government acknowledges that its war against its Donbass region is an ethnic-cleansing operation. The pro-regime Ukrainian TV station Hromandske TV — which is funded by the U.S. Government, the Dutch Government, and George Soros (via his International Renaissance Foundation … Continue reading

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The Death Of The American Dream In 22 Numbers

By Michael Snyder. We are the generation that gets to witness the end of the American Dream.  The numbers that you are about to see tell a story.  They tell a story of a once mighty economy that is dying.  … Continue reading

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Ukrainian Government: “No Russian Troops Are Fighting Against Us”

Eric Zuesse Ukraine’s top general is contradicting allegations by the Obama Administration and by his own Ukrainian Government, by saying that no Russian troops are fighting against the Ukrainian Government’s forces in the formerly Ukrainian, but now separatist, area, where the Ukrainian civil war … Continue reading

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Study: Foreign Countries Intervene in Civil Wars 100 Times More Often when Afflicted Countries Have Oil

The Independent reports that a new study conducted in the Universities of Portsmouth, Warwick and Essex, and published in the Journal of Conflict Resolution, finds that “hydrocarbons play an even bigger role in conflicts” than “conspiracy theorists” ever imagined. …foreign intervention in … Continue reading

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Ukraine’s Government Is Losing Its War. Here Is Why:

Eric Zuesse On January 27th, Ukraine’s Ministry of Defense headlined “Militants Continue to Suffer Losses,” and reported that four helicopters, and other weapons of the “militants,” were destroyed in battle, but no evidence was given to support the assertion. Just … Continue reading

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As The Middle Class Evaporates, Global Oligarchs Plan Their Escape Form The Impoverished Pleb Masses

Submitted by Mike Krieger via Liberty Blitzkrieg blog, The middle class has shrunk consistently over the past half-century. Until 2000, the reason was primarily because more Americans moved up the income ladder. But since then, the reason has shifted: There … Continue reading

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Rupert Murdoch’s Sky News Portrays Ukraine’s ‘Far Right’ as ‘Heroes’

Eric Zuesse On January 22nd, Rupert Murdoch’s Sky News (Murdoch founded it, his son James headed it for a while, and their 21st Century Fox owns “a controlling stake” in it) telecast a puff-piece for Ukraine’s right-wing extremists, several times … Continue reading

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Ukraine Stiffs China for Billions Owed

China paid Ukraine $3B two years ago for grain still not delivered, now demands refund. Another $3.6B that’s owed to China, will probably also default. Eric Zuesse Russia’s RIA Novosti News Agency reported, on January 17th, that China is demanding … Continue reading

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Poll: People All Over the World Blame Bad Government Policy for Runaway Inequality

Big Corporations Are Only Part of the Problem … We’ve extensively documented that runaway inequality is one of the main threats to economic stability … and peace. And we’ve shown that we’ve now got king-and-serf levels of inequality … and … Continue reading

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Even Central Bankers Now Admit QE Doesn’t Work

Even As European Central Bank Is Set to Unleash a Massive Round of Quantitative Easing, Central Bank Heads Admit QE Doesn’t Work The former head of the Bank of England – Mervyn King – said today that more QE will … Continue reading

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Welcome To The Oligarch Recovery: Majority Of Public School Students Are In Poverty For First Time In 50 Years

Submitted by Mike krieger via Liberty Blitzkrieg blog, “When they first come in my door in the morning, the first thing I do is an inventory of immediate needs: Did you eat? Are you clean? A big part of my … Continue reading

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PBS-TV’s Frontline Misrepresents Russia’s Vladimir Putin

Eric Zuesse On January 13th, the Public Broadcasting System (PBS) telecast the FRONTLINE documentary, “Putin’s Way,” which purported to be a biography of Russia’s President, Vladimir Putin. The press release about this film states: “Drawing on firsthand accounts from exiled … Continue reading

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The Most-Censored News Story of 2014 Was ____(What?)_____.

By Eric Zuesse There is only one ongoing news story that’s being systematically censored out of virtually all U.S. news media. This has been the finding from a first-of-its-kind test of virtually all U.S. news media that report national and … Continue reading

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There Are More Slaves Today Than Ever Before In Human History

And Even Slaves Had More Equality Than Many “Free People” Today Pope Francis rang in the New Year by calling on people to work together to end slavery: All of us are called to be free, all are called to … Continue reading

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Ukraine’s Creditors Grab for the Biggest Pieces of Its Carcass

Eric Zuesse The lifelong Russia-enemy George Soros, and the Russian Government itself, are now openly fighting over which parts of the Ukrainian Government they’ll be getting in the bankruptcy proceeding that’s already unofficially starting. Here’s the necessary background, so that … Continue reading

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Welcome To The Matrix: Enslaved By Technology & The Internet Of Things

By John Whitehead, constitutional and human rights attorney, and founder of the Rutherford Institute.   “There will come a time when it isn’t ‘They’re spying on me through my phone’ anymore. Eventually, it will be ‘My phone is spying on … Continue reading

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How Obama Lied About Obamacare

Eric Zuesse When U.S. Senator Barack Obama was campaigning for the Presidency in 2007 and 2008, he promised that on healthcare, his plan would be “making health insurance universal.” This means he was promising that 100% of Americans would have health-insurance, … Continue reading

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On The Verge Of The Next Economic Crisis, 62 Percent Of Americans Are Living Paycheck To Paycheck

By Michael Snyder. Nearly two-thirds of all Americans are completely and totally unprepared for the next economic crisis.  As you will read about below, a new survey has found that only 38 percent of Americans have enough money on hand … Continue reading

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The Guardian Finally Starts to Report the Truth about Ukraine’s War

Eric Zuesse On January 7th, Britain’s Guardian, which used to be a fine newspaper but isn’t now, started what will necessarily be a long road back to reality, after nearly a year of their intermittent inattention and Western propaganda on … Continue reading

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“EU Showdown: Greece Takes on the Vampire Squid”

By Ellen Brown. Greece and the troika (the International Monetary Fund, the EU, and the European Central Bank) are in a dangerous game of chicken. The Greeks have been threatened with a “Cyprus-Style prolonged bank holiday” if they “vote wrong.” … Continue reading

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Ukraine Says $450 Million Was Stolen from Its Military in 2014

President’s Aide Says Far Right Refuses to Obey the President Eric Zuesse Yury Biryukov, an aide to Ukraine’s President Petro Poroshenko, said on January 6th that during the year 2014, up to $450 million was stolen from Ukraine’s military. This … Continue reading

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11 Predictions Of Economic Disaster In 2015 From Top Experts All Over The Globe

By Michael Snyder. Will 2015 be a year of financial crashes, economic chaos and the start of the next great worldwide depression?  Over the past couple of years, we have all watched as global financial bubbles have gotten larger and … Continue reading

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Tricks Western ‘News’ Media Use to Deceive about Ukraine’s War

Eric Zuesse Because of the ample video and other evidence that the Ukrainian Government is pursuing an ethnic-cleansing policy to get rid of the residents in the area of Ukraine that had voted 90% for the Democratically elected Ukrainian President … Continue reading

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Is Obama Desperate to Precipitate a Nuclear War?

Eric Zuesse Anyone who still believes Obama’s rhetoric and honesty would be wasting time to read the following analysis, which is only for people who have doubts about his honesty; and thus an open mind to the possibility of his … Continue reading

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Major News Stories from German Economic News

Eric Zuesse Summaries of reports on three strategically important news-events:   ——   German Minister: We do not want to see Russia crushed. Germany’s Federal Minister Sigmar Gabriel has a surprisingly strong opposition to new sanctions against Russia. A few … Continue reading

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Czech President Says ‘Only Poorly Informed People’ Don’t Know About Ukraine Coup

Eric Zuesse The Czech Republic’s President Milos Zeman said, in an interview, in the January 3rd edition of Prague’s daily newspaper Pravo, that Czechs who think of the overthrow of Ukraine’s President Viktor Yanukovych, on 22 February 2014, as having … Continue reading

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Russia Says Ukrainians Pay Blackwater for Training

Eric Zuesse The Russian Government’s Tass ‘news’ agency is alleging that “The US private military company Academi (formerly known as Blackwater) … has confirmed to the Kiev authorities its readiness to start training an experimental battalion of 550 men as … Continue reading

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The Conflicts In Afghanistan and Iraq Were “The Most Expensive Wars In U.S. History” … and They’re Not Wrapped Up Yet

We’re In the Longest Continuous Period of War In U.S. History Time reported yesterday: A truer measure of the wars’ total costs pegs them at between $4 trillion and $6 trillion. This fuller accounting includes “long-term medical care and disability … Continue reading

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If Quantitative Easing Works, Why Has It Failed to Kick-Start Inflation?

QE Has Failed to Spark Inflation Quantitative easing (QE) was supposed to stimulate the economy and pull us out of deflation. But the third round of quantitative easing (“QE3″) in the U.S. failed to raise inflation expectations. And QE hasn’t … Continue reading

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How Bloomberg ‘News’ Lies

Eric Zuesse On December 31st, Josh Rogin of Bloomberg ‘News’ headlined “Inside Obama’s Secret Outreach to Russia,” and his opening sentence ‘reported’ on “the fact that Russian President Vladimir Putin has shown little interest in … halting his aggression in … Continue reading

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Ukrainian Soldier Explains Why He Enjoys Killing Russians

Eric Zuesse In an unusually lengthy video interview with a soldier of the Ukrainian Government, he states why he wants to kill as many residents in the (ethnically Russian) separatist area as possible. This soldier, named Nazar, was interviewed by … Continue reading

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Big Banks Conspire with Giant Oil Company to Manipulate Currency Markets

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

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Obama Says He Is Improving the World

He asserts: “wherever we have been involved over the last several years, I think the outcome has been better because of American leadership.” Eric Zuesse U.S. President Barack Obama said in a December 30th Oval Office interview with Steve Inskeep … Continue reading

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Why America Annexed Texas and Loves Saudi Dictators

Joseph A. Fry notes in Dixie Looks Abroad: The South and U.S. Foreign Relations, 1789-1973 that the US annexed Texas from Mexico to make it a slave state and put a stop to “British abolitionist designs” (56).  As US officials … Continue reading

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Ukraine’s War ‘is a prelude to World War III’ Says Former Ukrainian U.S. Ambassador

Eric Zuesse “This [U.S-Russian conflict that’s being carried out in Ukraine] is a prelude to World War III. A lot of people know this.” So says Yuri Shcherbak, who was Ukraine’s Ambassador in Washington during 1994-1998. Dr. Shcherbak was one … Continue reading

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Putin Decides to Donate 50,000 Tons of Russia’s Coal Daily to Ukraine for Heat

Eric Zuesse On Saturday, December 27th, Russian President Vladimir Putin decided that though Ukraine cannot now pay for coal and will soon go bankrupt, so that any ‘sale’ of coal to Ukraine will be a donation, Russia will nonetheless supply … Continue reading

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NPR Propagandizes Against Putin, for Regime-Change in Russia

Eric Zuesse On Friday, December 26th, National Public Radio aired two superbly done pieces of anti-Russia propaganda, which could as well have been written by the U.S. CIA, or by Voice of America, it was so skillfully deceiving. One of … Continue reading

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