Category Archives: Business / Economics

Business and Economics

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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Ukraine’s Government Is Starving Residents of the Breakaway Region

Eric Zuesse Amnesty International has found that “the already desperate situation in eastern Ukraine is being made even worse by” so-called ‘volunteer’ or mercenary forces for the Ukrainian Government, which are blocking the supply of food to residents in that … Continue reading

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Did The Saudis And The US Collude In Dropping Oil Prices?

By Andrew Topf via OilPrice.com The oil price drop that has dominated the headlines in recent weeks has been framed almost exclusively in terms of oil market economics, with most media outlets blaming Saudi Arabia, through its OPEC Trojan horse, … Continue reading

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Yanukovych Proposes Solution to Ukraine’s Civil War; It Fits Obama’s Plan.

Commentary by Eric Zuesse The Ukrainian President whom U.S. President Obama overthrew in a violent coup this past February is now proposing that “people will be able to negotiate and Ukraine will once again be united.” The former Ukrainian President … Continue reading

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Another MH17 Cover-Up: Hiding a Key Autopsy

Eric Zuesse Decisive evidence as to how the July 17th shooting-down of the MH17 Malaysian airliner occurred is being hidden by the four-nation team that’s doing the official ‘investigation’ into the plane-downing incident. First, see this, which explains why, if … Continue reading

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There Is Hope In Understanding That A Great Economic Collapse Is Coming

By Michael Snyder. If you were about to take a final exam, would you have more hope or more fear if you didn’t understand any of the questions and you had not prepared for the test at all?  I think … Continue reading

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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

Posted in Business / Economics, Politics / World News | 16 Comments

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:

Posted in Business / Economics, Politics / World News | 2 Comments

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

Posted in Business / Economics, Politics / World News | 31 Comments

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

Posted in Business / Economics, Politics / World News | 8 Comments

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

Posted in Business / Economics, Energy / Environment, Politics / World News, Science / Technology | 7 Comments

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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