Category Archives: Business / Economics

Business and Economics

VIDEOS: Ethnic Cleansing as a Political Tactic, Trashing Ukrainians

Getting Rid of Residents of Regions that Voted ‘the Wrong Way.’ Here’s How Obama’s Team Eliminates the Electorate  for Viktor Yanukovych (Whom Obama Overthrew in February 2014), Trashing Them So As To Assure that ‘Democracy’ in Ukraine  Won’t Elect Another … Continue reading

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Washington Post: Europe Is Stuck In a “Greater Depression”

“It’s a Little Misleading to JUST Call This a Depression. It’s WORSE than That” The Washington Post’s Wonkblog reports: Europe hasn’t recovered, because it hasn’t let itself. Too much fiscal austerity and too little monetary stimulus have, instead, put it … Continue reading

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Barely Reported, Then Totally Ignored: The EU’s Obsequiousness to Obama’s Nazism Regarding Ukraine

Eric Zuesse On 7 February 2014, Oriental Review posted “What about apologizing to Ukraine, Mrs. Nuland?” including a link to the recordings of two successive phone-conversations, uploaded to the Internet the day before, one (up through 04:10) with Obama’s Victoria Nuland telling the U.S. … Continue reading

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Two Spanish Anti-Fascists Go to Ukraine to Join Battle Against Ukraine’s Nazis

Submitted by Eric Zuesse The article below is translated from Russian without the original’s accompanying photos, which can be seen by clicking on the original: http://politikus.ru/events/26682-on-hatu-pokinul-poshel-voevat-chtob-zemlyu-v-donecke-fashistam-ne-dat.html and it’s based on the Spanish-language “Two Spaniards at the Battle of Donetsk, No … Continue reading

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Can U.S. Democrats Salvage Their Party and Country?

Why It’s Essential for All Democrats to Email Now to their Democratic Representative in the House, to Salvage the Democratic Party, and the Nation Eric Zuesse My email, below, to my Democratic Representative in the U.S. House of Representatives, presents … Continue reading

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Cry for Argentina: Fiscal Mismanagement, Odious Debt or Pillage?

Guest post by Ellen Brown. Argentina has now taken the US to The Hague for blocking the country’s 2005 settlement with the bulk of its creditors. The issue underscores the need for an international mechanism for nations to go bankrupt. … Continue reading

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Ukraine-News Flash: Bloodiest Days of Ukraine’s Ethnic Cleansing Expected to Come Now

Eric Zuesse A reliably well-informed resident in the area that Obama’s Ukrainian regime is ethnically cleansing (i.e., exterminating and/or expelling) has informed this reporter (and all of this source’s previous reports to me have subsequently turned out to be true): … Continue reading

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Ukraine’s Conflict: a History and Status-Report, for Ukraine, U.S., and the World

See Barack Obama’s Real Achievements in Ukraine, with Your Own Eyes, via Videos: They’re Like George W. Bush’s Real Achievements in Iraq, But Authentically Nuclear Eric Zuesse (This article will consist primarily of videos documenting actual events. The links that … Continue reading

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Obama’s Africa Summit: a Sign of Weakness Rather than Strength

Bridges Versus Bombs Obama is meeting with a number of African leaders this week. But rather than a sign of strength, it’s a sign of weakness. The Guardian reported Sunday: Barack Obama is convening the largest ever gathering of African … Continue reading

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New stock market crash, a pattern?

By Wim Grommen. Mr. Grommen was a teacher in mathematics and physics for eight years at secondary schools.  The last 15 years he studied transitions, social transformation processes, the S-curve and transitions in relation to market indices. Articles about these … Continue reading

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Sanctions Against Russia: U.S. and EU Shoot Themselves In the Foot

Sanctions Against Russia Are Hurting the West We noted last month that major American business groups are opposed to sanctions against Russia, as they hurt U.S. businesses. We pointed out that sanctions against Russia are backfiring because they are: Pushing … Continue reading

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Too Big to Fail Has NOT Ended … It’s Only Gotten WORSE

Despite “Mission Accomplished” Announcement, the Giant Banks Are Worse Than Ever Last week, Paul Krugman said too big to fail is over: There was indeed a large-bank funding advantage during and for some time after the crisis, but it has … Continue reading

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Systematically Reconstructing the Shoot-Down of the Malaysian Airliner: The Guilt Is Clear and Damning

Eric Zuesse On July 22nd, zerohedge bannered sarcastically, “Flight MH-17 Black Boxes To Be Analyzed In ‘Impartial’ London,” and reported that they would be analyzed by the U.S.-allied, anti-Russian, pro-Ukrainian, British Government. A mere four days later, on the 26th, CBS News  headlined … Continue reading

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America’s Immune System Has Failed … So the Cancers of War and Corruption are Spreading

U.S. Has Lost the Immune System Created by the Founding Fathers When someone is exposed to a germ, his immune system fights it off. If his immune system stops functioning, he can’t fight off even minor bugs … and he … Continue reading

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Standard & Poor’s: Runaway Inequality Dampens GDP Growth, Leads to Boom/Bust Cycles and Discourages Trade, Investment and Hiring

Inequality Also Dampens Social Mobility, Increases Political Pressure and Produces a Less Competitive Workforce Standard & Poor’s released a report on inequality today, concluding: Higher levels of income inequality increase political pressures, discouraging trade, investment, and hiring. Keynes first showed that … Continue reading

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Evidence Is Now Conclusive: 2 Ukrainian Government SU-25 Fighter-Jets Did Shoot Down that Malaysian Airliner. No “Buk” Missile Ground-Shot Was Involved.

Preface by Washington’s Blog: The New York Times, Washington Post, Financial Times, Bloomberg, Sydney Morning Herald,  International Business Times and many other news sources have reported that the numerous holes in the wreckage of Malaysian airlines flight 17 are shrapnel … Continue reading

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Obama’s Presidency Hangs by a Thread in Ukraine, Updated to 31 July 2014

Obama’s U.S. Presidency Now Is Definitely Crashing and Burning, in Ukraine. Kiev’s Government, Which Obama Installed in February Coup, Now Collapses. Eric Zuesse BACKGROUND: In late February 2014, U.S. President Barack Obama and his CIA overthrew the democratically elected pro-Russian … Continue reading

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Official ‘Investigation’ into Downing of the Malaysian Plane Is Now Clearly a Hoax.

A Suspect in a Possible Crime Is Appointed to Co-Investigate It: Downing the MH-17.  Is the Investigation, into the Malaysian Plane’s Downing, Itself a Criminal Operation?  Eric Zuesse As was pointed out by investigative journalist Donn Marten at OpEdNews on July … Continue reading

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The Basic Reality, and Simple Truth, of Ukraine’s Civil War

Eric Zuesse Obama appoints the people who appoint the people who appoint the people who appoint the people who appoint the people who appoint the people who appoint the people who do this sort of thing rather randomly to the people, the … Continue reading

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First Examination of Malaysian MH-17 Cockpit Photo Shows Ukrainian Government Shot that Plane Down

Eric Zuesse On July 30th, a German pilot headlined at anderweltonline, “Shocking Analysis of the ‘Shooting Down’ of Malaysian MH17,” and he provided the first public analysis of the photos that were available immediately after the disaster, of the plane’s cockpit, and … Continue reading

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Polls Show Mutual Hostility Soars Between Russians and Americans

Eric Zuesse As the world’s two nuclear super-powers gird for possible war against each other, and the United States sends nuclear weapons to the rim of Russia, and Russia holds war-games to test its responses, the publics in both countries are increasing … Continue reading

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Top Financial Experts Say World War 3 Is Coming … Unless We Stop It

Nouriel Roubini, Kyle Bass, Hugo Salinas Price, Charles Nenner, James Dines, Jim Rogers, David Stockman, Marc Faber, Jim Rickards, Paul Craig Roberts, Martin Armstrong, Larry Edelson, Gerald Celente and Others Warn of Wider War Paul Craig Roberts – former Assistant … Continue reading

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Obama’s Presidency Hangs by a Thread in Ukraine

Is Obama’s U.S. Presidency Now Crashing and Burning, in Ukraine? Kiev’s Government He Installed in February Seems Now Collapsing Eric Zuesse A news report that includes an alleged leaked document from the head of the Ukrainian Security Service, V.O. Nalyvaichenko, to the … Continue reading

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Why the Democratic Party Will Die Unless a House Democrat Introduces a Resolution to Impeach President Obama

Eric Zuesse The only individuals who possess the Constitutional power to introduce a bill of impeachment against the President are the members of the U.S. House of Representatives. Republicans there have said that they won’t do it, and the reason … Continue reading

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Our Troops March and Drive Into Eastern Ukraine Bearing Nazi Insignia and Mass-Death

Eric Zuesse This summarizes a new video, filmed during 2-24 July 2014, uploaded to youtube on July 27th: “Azov recruits” are the Ukrainian Obama regime’s elite SS force, shown swearing their oaths, proudly holding WolfsAngel (German Nazi-insignia) flags. Mothers in … Continue reading

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The Obama Regime’s Awesome Hypocrisy

Eric Zuesse Voice of America headlined on July 26th, “US Defense Department Warns of Arms to Eastern Ukraine,” and quoted General Martin Dempsey, Chairman of the U.S. Joint Chiefs of Staff, as asserting: “My fear is actually, you know if I have … Continue reading

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Wall Street Shadow Banking: You Can’t Taper a Ponzi Scheme: “Time to Reboot”

One thing to be said for the women now heading the Federal Reserve and the IMF: compared to some of their predecessors, they are refreshingly honest. The Wall Street Journal reported on July 2nd: Two of the world’s most powerful women of … Continue reading

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U.S. ‘News’ Media Propagandize for War Against Russia

Eric Zuesse Typical is TIME  Magazine, which headlined on 24 July 2014, “In Russia, Crime Without Punishment.” The sub-head, from Simon Shuster, “reporting” for the Russia-hating regime of Barack Obama, in the Russia-hating Ukrainian capital Kiev, was the even-more-slanted, propagandistic: “Vladimir … Continue reading

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You’re Much More Likely to Be Killed By Brain-Eating Parasites, Texting While Driving, Toddlers, Lightning, Falling Out of Bed, Alcoholism, Food Poisoning, a Financial Crash, Obesity, Medical Errors or “Autoerotic Asphyxiation” than by Terrorists

Calm Down … You Are Much More Likely to Be Killed By Boring, Mundane Things than Terrorism The U.S. Department of State reports that only 17 U.S. citizens were killed worldwide as a result of terrorism in 2011.* That figure … Continue reading

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America’s Nazi Allies in Israel and Ukraine

Eric Zuesse The U.S. is now the chief sponsor of two nazi, ethnically cleansing, nations. In one of them (Ukraine), the U.S. President, Barack Obama, himself placed nazis into control there; the nazi control was imposed by him, via his agents. … Continue reading

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Obama Leads Republicans’ War Against Russia

Senate’s Republicans Want U.S. War Against Russia Over Ukraine, Propose U.S. Weapons-Makers’ Tax-Relief and Subsidy Act of 2014. They’ll Probably Get Their Way. They Carry Obama’s Real Agenda. Eric Zuesse S. 2277 in the U.S. Senate is a bill with 26 … Continue reading

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Republicans Rule Out Obama-Impeachment. But Democrats … We’ll See:

Eric Zuesse President Obama is the most-despised American President in history; he’s dragging his Party down, but will Democrats impeach him, as Republicans did not  impeach Bush (and thereby they became justifiably despised along with him, and so lost the … Continue reading

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The Losers From U.S. Sanctions: AMERICAN Businesses

U.S. Sanctions Against Foreign Nations Are Hurting American Companies Who are the losers from U.S. sanctions?  American companies. Two giant U.S. business groups – the U.S. Chamber of Commerce and National Association of Manufacturers – ran ads in the New … Continue reading

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Did the Other Shoe Just Drop? Big Banks Hit with Monster $250 Billion Lawsuit in Housing Crisis

For years, homeowners have been battling Wall Street in an attempt to recover some portion of their massive losses from the housing Ponzi scheme. But progress has been slow, as they have been outgunned and out-spent by the banking titans. … Continue reading

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Big Corporations Have An OVERWHELMING Amount Of Power Over Our Food Supply

By Michael Snyder. From our fields to our forks, huge corporations have an overwhelming amount of power over our food supply every step of the way.  Right now there are more than 313 million people living in the United States, … Continue reading

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America Is Guilty if We Don’t Prosecute Obama

Eric Zuesse I write both as a Democrat (which Barack Obama merely claims to be, but shows by his actions that he is not) and as an American (which he, unfortunately, actually is, but which Republicans often deny), in the … Continue reading

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Looking for the Next Oil Boom? Follow the Tech

Much larger than Eagle Ford and once thought to have reached peak production, new technology has brought us full circle back to the Permian Basin in Texas and New Mexico, where the recent shift to horizontal well drilling has rendered … Continue reading

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The Head Of ‘The Central Bank Of The World’ Warns That Another Great Financial Crisis May Be Coming

By Michael Snyder. Most people have never heard of Jaime Caruana even though he is the head of an immensely powerful organization.  He has been serving as the General Manager of the Bank for International Settlements since 2009, and he … Continue reading

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Who Profits from Ukraine’s War

an investigative report, by Eric Zuesse To start with, an explanation is needed for this article’s sheer length: The civil war now raging inside Ukraine is a turning-point in world history, regarding many different respects: For one thing, this civil … Continue reading

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How Hillary Clinton, Barack Obama, and Congressional Republicans, Worked Together to Create the Flood of Refugee Children Into the U.S

Eric Zuesse Frances Robles of The New York Times headlined on July 9th, “Fleeing Gangs, Children Head to U.S. Border” and reported: More than half of the top 50 Central American cities from which children are leaving for the United States are in … Continue reading

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Big Banks Want Power to Declare Cyber War

Merger of Big Banks and National Security Power … What Could Possibly Go Wrong? Bloomberg reports: Wall Street’s biggest trade group has proposed a government-industry cyber war council to stave off terrorist attacks that could trigger financial panic by temporarily … Continue reading

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Your Tax Dollars at Work, in a Far-Away Land

This Is What Ethnic Cleansing Looks Like (After the Cleansing) Eric Zuesse VIDEO: “03 07 2014 Kramatorsk. Stankostroy district after shelling” (NOTE: The “terrorists” are all gone. Does that make you feel safer?) VIDEO: “Lugansk. Ukraine Airstrike Residential Area. 2 July 2014 (LPR)” (NOTE: … Continue reading

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Ukraine’s “Terrorists” Talk.

Their Message Is to America:  “Please Stop Terrorizing Us!” Here’s How That Can Be Done. Eric Zuesse A 41-minute documentary has been produced and is online, “Ukraine Crisis Today,” interviewing “terrorists” (as our side calls them) who have been bombed by the … Continue reading

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Why America Hates and Despises Victims

Eric Zuesse. Dateline: 3 July 2014 Here are photos of residents in southeastern Ukraine and of their homes that we bombed yesterday, and you see the corpses, and the grieving survivors. But Americans call them “terrorists,” even though these people … Continue reading

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The Dow Jones Industrial Average: A Fata Morgana

Image by Anthony Freda 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 … Continue reading

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Definitive Analysis: War Is Bad for the Economy

(Another) Idiot Economist Says We Need “Major War” to Save the Economy Preface: Two weeks ago, well-known economist Tyler Cowen (a professor at George Mason University) argued in the New York Times that wars – especially “major wars” -  are … Continue reading

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18 Signs That The Global Economic Crisis Is Accelerating As We Enter The Last Half Of 2014

By Michael Snyder. A lot of people that I talk to these days want to know “when things are going to start happening”.  Well, there are certainly some perilous times on the horizon, but all you have to do is … Continue reading

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Gallup Poll Finds Ukraine Cannot Be One Country

Eric Zuesse An April poll of Ukrainians, published in June by Gallup’s Broadcasting Board of Governors, found two shockingly opposite countries: one, in the northwest, where the view of the U.S. is favorable among more than 50% of the population; and … Continue reading

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“Ukraine’s Gangster State”

Posted by Eric Zuesse, from Russian Television, with Michael Hudson: http://michael-hudson.com/2014/06/ukraines-gangster-state/ “Ukraine’s Gangster State” June 30, 2014. By Michael [VIDEO is included.] Hard and fast insights on Ukraine’s land-grabbing, with some frightening developments unfolding. I am interviewed briefly. This could well … Continue reading

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Obama Capitulates in Ukraine War:

His Agents Seek Putin Peace Deal. Eric Zuesse On June 29th, I headlined “Obama Seems to Be Losing Ukraine War.” The latest verification of that is dramatic: The website of the EuroMaidan, Euro Maidan Press, headlined on June 30th, “The new consensus: a … Continue reading

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Ukraine: The International War-Criminal Is Obama, Not Putin

Eric Zuesse In February this year, the Obama Administration violently overthrew the freely-elected and Russia-friendly President of Ukraine, Viktor Yanukovych. We hired gunmen dressed to appear to be from the Yanukovych government firing into the “Maidan” crowd who were demonstrating against … Continue reading

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Attorney General Eric Holder Paid No Attention to Bank Fraud: “Wall Street Wasn’t Even On His Radar”

Holder: A Stooge for Wall Street Attorney General Eric Holder’s statements that prosecuting Wall Street fraud would hurt the economy is exactly backwards: the experts say that failing to prosecute fraud is dooming our economy. But prosecuting fraud was never … Continue reading

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4 Ways that Mass Surveillance Destroys the 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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America Seems to Be Losing Ukraine’s War:

Indications Its Kiev Regime Is Crumbling. Blowback to America Could Be Substantial.   Eric Zuesse Reports coming in, both from professional analysts, and from well-informed residents of the Ukrainian areas where we are bombing the residents and assassinating their leaders (whom our … Continue reading

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When the Herd Turns

Great short video, interviewing one of our favorite economists … Steve Keen: Background here, here, here and here.

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Pew Poll: America Is Becoming a Nation of Political Enemies

Eric Zuesse “A threat to the nation’s well-being” — that’s what 36% of Republicans think of Democrats, and what 27% of Democrats think of Republicans. Furthermore, “Today, 92% of Republicans are to the right of the median Democrat, and 94% of Democrats … Continue reading

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Three New Evidences that Obama Is a Fascist

Eric Zuesse 1: http://america.aljazeera.com/opinions/2014/6/wikileaks-trade-inservicesagreementsecrecy.html and here is more detail on that: http://www.world-psi.org/sites/default/files/documents/research/en_tisaresearchpaper_final_web.pdf and here is even more, the draft document itself: https://wikileaks.org/tisa-financial/press.html Obama, it turns out, thinks that financial services, and all services, are too regulated by governments in public, and should … Continue reading

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President Obama’s Brilliant Strategy for Nuclear-Blitzing Russia

  Eric Zuesse There is no mystery as to why Russia is making preparations for being hit by a U.S. nuclear attack. When the U.S. toppled the freely elected, pro-Russian, President of Ukraine, in February of this year, and replaced him with … Continue reading

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Our People in Ukraine Vandalize a Russian Bank

  Eric Zuesse   On Monday, June 22nd, a video was posted to youtube showing (starting at 3:00) a Russian bank being vandalized in Ukraine by a mob of “Right Sektor” thugs, which is the same organization who were used by Obama’s team (led … Continue reading

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America Cleanses Southeastern Ukraine of Ethnic Russians

The Western news media have not been showing the footage of this action by the U.S. Administration, but U.S. news media also covered up the Administration’s constant lies about “Saddam’s WMD” (which the U.N. had quietly verified were completely destroyed … Continue reading

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‘How Can Western Media Miss Something that Is Going on Right in Front of them?’: Ukraine

(SOURCE: Obama’s agents in Ukraine, who took that video of their handiwork and proudly posted it at https://www.youtube.com/watch?v=vv9_z6Cdf3g, subsequently removed it from youtube, but the video can still be seen from others, such as this: https://www.youtube.com/watch?v=ycfOCxR5mxM. Many Nazis are proud of their … Continue reading

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Ukrainian Independence Supporters Seize 221 Tanks From the Obama-Installed Government

On Friday, 20 June 2014, the resistance movement against the February 22nd coup-installed Ukrainian government achieved a major breakthrough against Obama’s forces, by seizing a tank-park in the town of Artemovsk, 30 kilometers from the city of Slavyansk — a city that has … Continue reading

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Pulitzer-Prize Winning Reporter: Americans Bounced Back Faster After the Great DEPRESSION than the Great RECESSION

Underneath the Propaganda, Americans Are In BAD SHAPE … Pulitzer prize-winning reporter David Cay Johnston has researched economics, wages, taxes and related issues for many years. He’s written numerous books on those subjects. Writing for the San Jose Mercury News, … Continue reading

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Greed Is Good? Where Will America’s Sick Obsession With Wealth And Money End?

By Michael Snyder. Everywhere you look, Americans appear to be extremely obsessed with wealth and money.  These days, networks such as CNN endlessly run “news stories” with titles such as “Best cars for the super rich“.  We have television shows … Continue reading

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War Makes Us Poor … And Drags the Economy Down Through the Floor

Image courtesy of Steve Hess Top Economists Say War Is Bad for the Economy Preface: Many Americans – including influential economists and talking heads – still wrongly assume that war is good for the economy. For example, extremely influential economists … Continue reading

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How and Why the U.S. Has Re-Started the Cold War (The Backstory that Precipitated Ukraine’s Civil War)

By Eric Zuesse. When the Cold War ended, in 1990, Russia was in a very weak position, no real threat at all (except for nuclear weapons, but the nuclear rivalry had been greatly reduced via arms-control agreements). Communism was proven … Continue reading

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The Velocity Of Money In The U.S. Falls To An All-Time Record Low

Preface by Washington’s Blog:  Read this for background on why the velocity of money has crashed. By Michael Snyder: When an economy is healthy, there is lots of buying and selling and money tends to move around quite rapidly.  Unfortunately, … Continue reading

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Infrastructure Sticker Shock: Financing Costs More than Construction

By Ellen Brown. Funding infrastructure through bonds doubles the price or worse. Costs can be cut in half by funding through the state’s own bank. “The numbers are big. There is sticker shock,” said Jason Peltier, deputy manager of the … Continue reading

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Can Solar Roadways Generate Electricity, Create Jobs, Keep Our Roads Ice-Free, and Warn of Hazards?

Solar Freaking Roadways! We at Washington’s Blog are big proponents of decentralized energy production and storage, because it is key to protecting against terrorism, fascism and destruction of our health, environment and economy. We noted in 2011 that a Dutch … Continue reading

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Gold Manipulation Is Out In the Open

How Long Can It Continue? We’ve noted for years – for example here, here and here- that gold prices are manipulation. We pointed out in January and February that gold manipulation is going mainstream. At least one giant bank has … Continue reading

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The Size Of The Derivatives Bubble Hanging Over The Global Economy Hits A Record High

By Michael Snyder. The global derivatives bubble is now 20 percent bigger than it was just before the last great financial crisis struck in 2008.  It is a financial bubble far larger than anything the world has ever seen, and … Continue reading

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Bad U.S. Policy Pushes Russia, China and Iran Closer Together

Photo courtesy of Alexander Bunin Heck Of a Job … As the following headlines show, bad American policy has pushed Russia, China and Iran closer together: China calls for new Asian security structure based on group with Russia, Iran that … Continue reading

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Stunning Headlines from the Last Week

Quite a Week  … It has been an incredible week for news. Here are some of the headlines which caught our eye  … Congress rejects AUMF sunset amendment, war on terror to continue, Guantanamo still open (UPI) Congress reaffirms indefinite … Continue reading

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Jon Stewart Eviscerates Tim Geithner

Tim Geithner has been using voodoo economics to rationalize choosing the big banks over homeowners. (And his argument that it wasn’t politically possible to do anything else is bunk, especially since the American people opposed bank bailouts from day one.) … Continue reading

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The Cost of Living in the U.S.

Click the interactive graphic: Produced By Online Accounting Degrees

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Geithner Uses Voodoo Economics to Try to Rationalize Choosing Banks Over American Homeowners

The Bush and Obama Administrations Chose the Big Banks Instead Over the American People Treasury Secretary Geithner – and other key players in the Bush and Obama administrations – pretended that they were helping homeowners. But it is now beyond … Continue reading

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Did the Federal Reserve Launder $141 Billion Dollars Through Belgium to Hide Massive Increase In Quantitative Easing?

Did the Fed Take Drastic and Covert Action to Hide a Large Country Dumping U.S. Bonds? That’s what former Assistant Treasury Secretary and Wall Street Journal editor Paul Craig Roberts alleges: Is the Fed “tapering”? Did the Fed really cut … Continue reading

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Current Problems Associated with the End of the Third Industrial Revolution

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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Public Health Experts Identify Militarism as Threat

A remarkable article appears in the June 2014 issue of the American Journal of Public Health.  (Also available as free PDF here.) The authors, experts in public health, are listed with all their academic credentials: William H. Wiist, DHSc, MPH, … Continue reading

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WALL STREET HAS ALWAYS BEEN CORRUPT OR ABOUT TO BE CORRUPTED

“It is difficult to get a man to understand something, when his salary depends on his not understanding it.”― Upton Sinclair – I, Candidate for Governor: And How I Got Licked “The U.S. financial markets had always been either corrupt … Continue reading

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De-Dollarization: Russia Is On The Verge Of Dealing A Massive Blow To The Petrodollar

By Michael Snyder. Is the petrodollar monopoly about to be shattered?  When U.S. politicians started slapping economic sanctions on Russia, they probably never even imagined that there might be serious consequences for the United States.  But now the Russian media … Continue reading

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Colonel Wilkerson: Oligarchy Controls U.S. War-Making

Who Is REALLY Responsible for America’s Wars? Americans are starting to understand that the U.S. is an oligarchy, rather than a democracy or a republic.  (Even the chair of the Federal Reserve can’t really disagree.) That’s true of war-making and foreign … Continue reading

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If Economic Cycle Theorists Are Correct, 2015 To 2020 Will Be Pure Hell For The United States

By Michael Snyder. Does the economy move in predictable waves, cycles or patterns?  There are many economists that believe that it does, and if their projections are correct, the rest of this decade is going to be pure hell for … Continue reading

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The Obvious Reason QE Doesn’t Work

Why QE Is a Dud Paul Gambles -  the managing partner of MBMG Group – explains at CNBC, there is an obvious flaw in QE: BoE’s Quarterly Bulletin … states that a “common misconception is that the central bank determines … Continue reading

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Debunking the Widespread Economic Myth that War Is Good for the Economy

Repairing the “Broken Window” Fallacy Extremely influential economists like Paul Krugman and Martin Feldstein promote the myth that war is good for the economy. Talking heads like senior Washington Post political columnist David Broder parrot this idea. Their ideas are … Continue reading

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Robbing Main Street to Prop Up Wall Street: Why Jerry Brown’s Rainy Day Fund Is a Bad Idea

By Ellen Brown. There is no need to sequester funds urgently needed by Main Street to pay for Wall Street’s malfeasance. Californians can have their cake and eat it too – with a state-owned bank. Governor Jerry Brown is aggressively … Continue reading

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Senator Sanders to Fed Chair Yellen: Is the U.S. an Oligarchy?

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5 Nobel Prize Winning Economists and Several World Leaders: End the War On Drugs

It’s Become Obvious to Everyone that the War On Drugs Is a Failure We noted last year that stopping the “War On Drugs” would save the U.S.  $85 billion to $90 billion per year. After all, a single state – … Continue reading

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Nuclear Fuel Fragment from Fukushima Found In EUROPE

The Nuclear Core Has Finally Been Found … Scattered All Over the World Fukushima did not just suffer meltdowns, or even melt-throughs … It suffered melt-OUTS … where the nuclear core of at least one reactor was spread all over … Continue reading

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6 Years After the Financial Crisis Hit, The Big Banks Are Still Committing Massive Crimes

Preface: The “Great Recession” started in December 2007.  More than 6 years later, the big banks are committing more crimes than ever. You Won’t Believe What They’ve Done … Here are just some of the improprieties by big banks over … Continue reading

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Almost 3 Times As Many People DROPPED OUT of Labor Force As Joined It

“Rarely Does A Monthly Report On The United States Job Market Look So Terrific On The Surface While Being So Disappointing Underneath” The New York Times’ Neil Irwin gives a balanced view of the new jobs numbers: Rarely does a … Continue reading

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Banksters Pretend that Prosecuting Wall Street Crime Will Blow Up the Economy

Wall Street Criminals Threaten that Economy Will Blow Up If They’re Prosecuted The Department of Justice is “considering” initiating criminal charges against 2 banks. In response, the normal cast of characters is saying – as they have for years – … Continue reading

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Enron 2.0: Wall Street Manipulates Energy Prices … and Every Other Market

Energy Prices Manipulated The U.S. Federal Energy Regulatory Commission says that JP Morgan has massively manipulated energy markets in  California and the Midwest, obtaining tens of millions of dollars in overpayments from grid operators between September 2010 and June 2011. … Continue reading

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China to Surpass USA as World’s Largest Economy THIS YEAR

China May Actually Have Surpassed U.S. in 2010 or 2011 Financial Times reports: The US is on the brink of losing its status as the world’s largest economy, and is likely to slip behind China this year, sooner than widely … Continue reading

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Prominent Economists Call for End to Fractional Reserve Banking

Challenging a Sacred Cow of Banking Dogma Excessive leverage by the banks was one of the main causes of the Great Depression and of the 2008 financial crisis. As such, lower levels of “fractional reserve banking” – i.e. how many … Continue reading

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The Real Unemployment Rate: In 20% Of American Families, EVERYONE Is Unemployed

By Michael Snyder. According to shocking new numbers that were just released by the Bureau of Labor Statistics, 20 percent of American families do not have a single person that is working.  So when someone tries to tell you that … Continue reading

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By Michael Snyder.   No, the economy is most definitely not “recovering”.  Despite what you may hear from the politicians and from the mainstream media, the truth is that the U.S. economy is in far worse shape than it was … Continue reading

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Epidemic Of Hunger: New Report Says 49 Million Americans Are Dealing With Food Insecurity

By Michael Snyder. If the economy really is “getting better”, then why are nearly 50 million Americans dealing with food insecurity?  In 1854, Henry David Thoreau observed that “the mass of men lead lives of quiet desperation”.  The same could … Continue reading

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Why Inequality Started Soaring in 1971

Going Off the Gold Standard Encouraged a Financialized Economy … Which Caused Inequality to Soar The New York Sun notes that inequality started soaring in 1971 … the same year that Nixon took the U.S. off of the gold standard.  … Continue reading

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Piketty Is Rickety On Government Complicity

Bad Government and Central Bank Policy Are the MAIN CAUSE of Runaway Inequality French economist Thomas Piketty’s book on inequality – Capital in the Twenty-First Century – has gone completely viral. Mainstream economists like Paul Krugman and Joseph Stiglitz endorse … Continue reading

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