Category Archives: Business / Economics

Business and Economics

RBS Pays $600 Million for Manpulating Interest Rates … But Big Banks Are Manipulating EVERY Market to the Tune of Trillions of Dollars

Interest Rates Are Manipulated Bloomberg reports today: Royal Bank of Scotland Group Plc was ordered to pay $50 million by a federal judge in Connecticut over claims that it rigged the London interbank offered rate. RBS Securities Japan Ltd. in … Continue reading

Posted in Business / Economics, Politics / World News | 1 Comment

JP Morgan Pays $2 Billion to Avoid Prosecution for Its Involvement In Madoff Ponzi Scheme

JP Morgan: Ponzi Schemer Bernie Madoff has said all along that JP Morgan knew about – and knowingly profited from – his Ponzi schemes. So JP Morgan has agreed to pay the government $2 billion to avoid investigation and prosecution. … Continue reading

Posted in Business / Economics, Politics / World News | 4 Comments

The Fascist Origin and Essence of Privatization

Preface by Washington’s Blog: We documented in 2009 that fascism and our current crony capitalist economy are indistinguishable. We noted in 2011 that America’s public resources are being raped and pillaged … just like those of small debt-saddled countries like … Continue reading

Posted in Business / Economics, Politics / World News | 18 Comments

Is The NSA Quartering “Digital” Troops Within Our Homes?

Are “Digital” Troops Being Sent Into Our Digital Devices Like British Troops Were Sent Into American Colonists’ Homes? We have extensively documented that the U.S. government is trampling virtually every single Constitutional right set forth in the Bill of Rights. … Continue reading

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

100 Years Is Enough: Time to Make the Fed a Public Utility

  Guest post by Ellen Brown. December 23rd, 2013, marks the 100th anniversary of the Federal Reserve, warranting a review of its performance.  Has it achieved the purposes for which it was designed? The answer depends on whose purposes we … Continue reading

Posted in Business / Economics, Politics / World News | 12 Comments

One World Leader Still Endorses NSA Spying

Former KGB Agent Stands By the NSA All 3 branches of the U.S. government have concluded that the NSA has gone way too far … and that mass surveillance is unnecessary. The U.N. General Assembly agrees. But one government leader … Continue reading

Posted in Business / Economics, Politics / World News | 1 Comment

Mainstream Economists Finally Admit that Runaway Inequality Is Hurting the Economy

But Bad Government Policies Are Making Inequality Worse By the Day AP reported Tuesday: The growing gap between the richest Americans and everyone else isn’t bad just for individuals. It’s hurting the U.S. economy. *** “What you want is a … Continue reading

Posted in Business / Economics, Politics / World News | 5 Comments

Profits Über Alles?

By Gonzalo Lira. Neoliberal economics has been a wonderful driving force for progress and material prosperity—but it cannot be the single ruling principle of our lives, of our government, or of our society. If we allow the profit motive to … Continue reading

Posted in Business / Economics, Politics / World News | 7 Comments

Global Power Project: The Group of Thirty, Architects of Austerity

By Andrew Gavin Marshall. Cross-Posted from Occupy.com. The Group of Thirty, a preeminent think tank that brings together dozens of the world’s most influential policy makers, central bankers, financiers and academics, has been the focus of two recent reports for Occupy.com’s Global Power Project. … Continue reading

Posted in Business / Economics, Politics / World News | 13 Comments

American Dream: R.I.P.

Two Thirds of All Americans Think the American Dream Is Dead We noted in 2010 that the American Dream had moved abroad …  since social mobility between generations is dramatically lower in the U.S. than in many other developed countries. … Continue reading

Posted in Business / Economics, Politics / World News | 17 Comments

Skewed: Income Inequality in America

Source: FinanceDegreeCenter.com Background here, here and here.

Posted in Business / Economics, Politics / World News | 5 Comments

Global Power Project: The Group of Thirty and the “Good Discussion” They’re Still Having

By Andrew Gavin Marshall. Cross-posted from Occupy.com The Group of Thirty (or G-30) describes itself as “a private, nonprofit, international body composed of very senior representatives of the private and public sectors and academia,” which “aims to deepen understanding of international economic … Continue reading

Posted in Business / Economics, Politics / World News | 6 Comments

Amend the Fed: We Need a Central Bank that Serves Main Street

By Ellen Brown. December 23rd marks the 100th anniversary of the Federal Reserve. Dissatisfaction with its track record has prompted calls to audit the Fed and end the Fed. At the least, Congress needs to amend the Fed, modifying the … Continue reading

Posted in Business / Economics, Politics / World News | 3 Comments

They’re Going to Dump the Fukushima Radiation Into the Ocean

Yup … They’re Going to Dump It Tepco is planning on dumping all of the radioactive water stored at Fukushima into the ocean. The industry-controlled nuclear regulators are pushing for dumping the radiation, as well. As EneNews reports: Juan Carlos … Continue reading

Posted in Business / Economics, Energy / Environment, Politics / World News, Science / Technology | 81 Comments

Mass Die-Off of West Coast Sealife: Fukushima Radiation … Or Something Else?

What’s Causing the Unprecedented Weirdness In West Coast Ocean Life? NBC Nightly News reports that a mass die-off of starfish up and down the West Coast of North America is puzzling scientists: Brian Williams, anchor: Environmental officials in California say … Continue reading

Posted in Business / Economics, Energy / Environment, General, Politics / World News, Science / Technology | 11 Comments

What Is The ACTUAL Risk for Pacific Coast Residents from Fukushima Radiation?

“[The Odds of] Longer Term Chronic Effects, Cancer Or Genetic Effects … Cannot Be Said To Be Zero” It is very difficult to obtain accurate information on the dangers from Fukushima radiation to residents of the West Coast of North … Continue reading

Posted in Business / Economics, Energy / Environment, Politics / World News, Science / Technology | 28 Comments

Monsanto, the TPP, and Global Food Dominance

By Ellen Brown. “Control oil and you control nations,” said US Secretary of State Henry Kissinger in the 1970s.  ”Control food and you control the people.” Global food control has nearly been achieved, by reducing seed diversity with GMO (genetically modified) seeds that are distributed … Continue reading

Posted in Business / Economics, Politics / World News | 3 Comments

Government Excuses for Letting the Banksters Off Scot-Free Are Bogus

The Failure To Punish Wall Street Criminals Is The Core Cause Of Our Sick Economy U.S. Attorney General Eric Holder said: I am concerned that the size of some of these institutions [banks] becomes so large that it does become … Continue reading

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

JP Morgan Tries Its Hand at Social Media … Gets Absolutely Lambasted By Angry Americans

Twitter Fail JP Morgan launched a social media campaign with the hashtag “Ask JPM” the other day. Given JPM’s criminal behavior and manipulation of markets, Twitter users absolutely lambasted JPM, asking such questions as (via Buzzfeed): “Has the raw cunning … Continue reading

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

Security Expert: “Buy American Doesn’t Sell Well Anymore Because It Means Give A Copy To The NSA”

Mass Surveillance Is Destroying the American Economy We’ve previously noted that mass surveillance is killing American tech companies. And Cisco just blamed its earnings slump on China’s disdain for NSA spying. Security expert Bruce Schneier succinctly summed up the destruction … Continue reading

Posted in Business / Economics, Politics / World News, Science / Technology | 5 Comments

World’s Most Dangerous Mission to Start In 3 Days

Risky Operation To Start Monday … Whole World Holds Its Breath The most dangerous operation since the Cuban missile crisis will start Monday. Japan Times reports today: Tokyo Electric Power Co. [Tepco] said Friday it will start removing nuclear fuel … Continue reading

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

Public Banking in Costa Rica: A Remarkable, Little-Known Model

Guest post by Ellen Brown, http://www.WebofDebt.com. In Costa Rica, publicly-owned banks have been available for so long and work so well that people take for granted that any country that knows how to run an economy has a public banking … Continue reading

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

Leaked Treaty: Worse Than SOPA and ACTA

Treaty Threatens Global Government … Run by Giant Corporations We noted last year: An international treaty being negotiated in secret which would not only crack down on Internet privacy much more than SOPA or ACTA, but would actually destroy the … Continue reading

Posted in Business / Economics, Politics / World News | 4 Comments

High-Level Fed Official: QE Is “The Greatest Backdoor Wall Street Bailout of All Time”

QE Is Greatest Wealth Transfer in History Many economists have said that quantitative easing (QE) quantitative easing benefits the rich, and hurts the little guy. It’s been known for some time that quantitative easing quantitative easing increases inequality (and see … Continue reading

Posted in Business / Economics, Politics / World News | 6 Comments

Three-Quarters of All Americans – And Many Economists – Want to Rein In the Federal Reserve

74% Want to Audit the Fed A 2009 Rasmussen poll found that 79 percent of the American public is in favor of auditing the Federal Reserve. The numbers have remained fairly constant for years.  Specifically, a brand new Rassumussen poll … Continue reading

Posted in Business / Economics, Politics / World News | 6 Comments

OF COURSE Obamacare Exchanges Will Be Manipulated … Like Traders Already Manipulate Exchanges for Commodities, Carbon Credits, Derivatives, and Everything Else

The Big Boys Manipulate EVERY Market … While Would Obamacare Be Any Different? The following exchanges are being widely manipulated by big banks, hedge funds and other players: Currency Interest rates Oil (and see this) Energy Gold and silver Derivatives Carbon … Continue reading

Posted in Business / Economics, Politics / World News | 1 Comment

Japan Is Being Destroyed By Criminal Corporate Cronyism (Like the Rest of the World)

Fukushima, the Great Recession and Other Crises All Caused by Crony Capitalism Tepco’s criminal actions have worsened the Fukushima disaster: Engineers warned Tepco and the Japanese government many years before the accident that the reactors were seismically unsafe … and … Continue reading

Posted in Business / Economics, Energy / Environment, Politics / World News, Science / Technology | 3 Comments

The Bank Guarantee That Bankrupted Ireland

Guest post by Ellen Brown. The Irish have a long history of being tyrannized, exploited, and oppressed—from the forced conversion to Christianity in the Dark Ages, to slave trading of the natives in the 15th and 16th centuries, to the … Continue reading

Posted in Business / Economics, Politics / World News | 1 Comment

Feinstein Introduces Trojan Horse … But Tech Giants Throw Weight Behind Legislation Which Would ACTUALLY Rein In NSA Spying

Silicon Valley Titans See Which Way the Wind is Blowing … The head of the Senate Intelligence Committee – NSA shill Diane Feinstein – introduced a Trojan Horse of a bill today which pretends it reins in the NSA, but … Continue reading

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

Global Power Project: Central Bankers and the Institute of International Finance, Part 3

By Andrew Gavin Marshall, AndrewGavinMarshall.com. Cross-posted from Occupy.com. In Part 1 of the Global Power Project exposé on the Institute of International Finance, I examined the origins and evolution of an organization representing the interests of global banks. In Part 2, I looked … Continue reading

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

Is the Dollar REALLY Losing Its Reserve Currency Status … If So, What Will REPLACE It?

Yes, The Dollar Is Losing Its Status as Reserve Currency The average life expectancy for a fiat currency is less than 40 years. But what about “reserve currencies”, like the U.S. dollar? JP Morgan noted last year that “reserve currencies” … Continue reading

Posted in Business / Economics, Politics / World News | 24 Comments

Fukushima Is Here

500 people assembled on October 19th on Ocean Beach in San Francisco and formed the letters with their bodies to demonstrate their growing concern about eventual fallout on the west coast. Credit and More Information: FukushimaResponse.org Radiation Levels Will Concentrate … Continue reading

Posted in Business / Economics, Energy / Environment, General, Politics / World News, Science / Technology | 28 Comments

Countries Which Want to Rein In NSA Spying Collectively Have Bigger Economies than the U.S. and Its Spy Buddies

21 Nations Line Up Behind UN Effort To Stop NSA Foreign Policy reports that 21 nations have joined the push for the adoption of a United Nations General Resolution protecting internet privacy against NSA spying. They include the following nations:  … Continue reading

Posted in Business / Economics, Politics / World News | 4 Comments

Jim Rogers and Doug Casey: Never Before In History Have All Central Banks Printed At the Same Time

Uncharted Waters As we noted last year, this is the first time in history that all central banks have printed money simultaneously …  And that’s terrifying. Jim Rogers and Doug Casey just agreed:

Posted in Business / Economics, Politics / World News | 9 Comments

Powerful Nations and Companies Fight Back Against NSA Spying

New Telecommunications Infrastructure Is Being Built to Avoid American Spying One of India’s largest newspapers – The Hindu – reports: Most of Brazil’s global internet traffic passes through the United States, so [the Brazilian] government plans to lay underwater fiber … Continue reading

Posted in Business / Economics, Politics / World News, Science / Technology | 11 Comments

The REAL Reason for Saudi Arabia’s Shift Away from U.S.

China Has Just Surpassed the U.S. As World’s Largest Importer of Oil Saudi Arabia has warned of a shift away from the U.S. Here’s the real reason: China just dethroned the U.S. as the world’s largest importer of oil. As … Continue reading

Posted in Business / Economics, Politics / World News | 25 Comments

Architect of Japanese Quantitative Easing Policy Says QE HARMS the Economy In the Long-Run … and that the Fed Is Stuck In a QE Trap

Fed Policy Is Failing Many top economists have said that quantitative easing doesn’t help the economy. But many argue that – without QE – the economy would be much worse. How do we reconcile those opinions? One of the main … Continue reading

Posted in Business / Economics, Politics / World News | 7 Comments

NSA Busted Conducting Industrial Espionage In France, Mexico, Brazil, China and All Around the World

U.S. Conducts Industrial Espionage Globally Le Monde has revealed that the NSA gathered more than 70 million French phone calls in a single month. France’s largest English-language newspaper – The Local – reports: Le Monde said the documents gave grounds … Continue reading

Posted in Business / Economics, Politics / World News | 5 Comments

The Biggest Scam In History

Posted in Business / Economics, Politics / World News | 6 Comments

Top Economic Advisers Forecast War and Unrest

Kyle Bass, Larry Edelson, Charles Nenner, James Dines, Nouriel Roubini, Jim Rogers, Marc Faber, Jim Rickards and Martin Armstrong Warn or War We’re already at war in numerous countries all over the world. But top economic advisers warn that economic … Continue reading

Posted in Business / Economics, Politics / World News | 19 Comments

Government Has Contemplated Seizing Pension Money for Over a Decade

When the Chips Are Down, the Government Will Be Tempted to Grab Our Assets Ireland, Hungary, Poland, Cyprus and other countries have seized pensions as part of move by governments to use long-term assets to fill “short-term deficits”. Russia has … Continue reading

Posted in Business / Economics, Politics / World News | 4 Comments

3 Academic Studies Show that Quantitative Easing Doesn’t Help the Economy

Fed Policy Hasn’t Worked Quantitative easing doesn’t help Main Street or the average American. It only helps big banks, giant corporations, and big investors. (In reality, Federal Reserve policy works … just not for the average American. And a lot … Continue reading

Posted in Business / Economics, Politics / World News | 1 Comment

What the Bible REALLY Teaches Us About Money

What Scripture Teaches Us About Debt and Poverty Preface: If you are an atheist and believe that religion is crazy, please remember that some 85% of the American population identifies itself as Christian and millions more identify themselves as Jewish.  … Continue reading

Posted in Business / Economics, Politics / World News | 7 Comments

Did the Saudi Intelligence Chief and Other High-Ranking Officials Trade on Inside Information Regarding 9/11?

Did Connected Insiders Cynically Trade On Impending Attacks? Mass surveillance by the NSA and other government agencies is not really making us safer, but is being used for other reasons. For example: The NSA spying program is unambiguously being used … Continue reading

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

Which Obligations Has the U.S. ALREADY Defaulted On?

The U.S. Has Already Defaulted On Some Obligations We noted earlier this week that the U.S. has partially or fully defaulted on its debt on numerous occasions. We also noted that our largest creditor – China – accused the U.S. … Continue reading

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

9 Mind-Blowing Facts About Money

China Invented Every Form of Money China: Invented every single major form of currency, including paper money and fiat currency not backed by any tangible commodities Seized gold six centuries before Franklin Roosevelt, in order to prop up its fiat … Continue reading

Posted in Business / Economics, Politics / World News | 14 Comments

The U.S. Has REPEATEDLY Defaulted

It’s a Myth that the U.S. Has Never Defaulted On Its Debt Some people argue that countries can’t default.  But that’s false. It is widely stated that the U.S. government has never defaulted.  However, that is also a myth. Catherine … Continue reading

Posted in Business / Economics, Politics / World News | 10 Comments

The Fed Could Simply CANCEL $2 Trillion of Government Debt

Bipartisan Proposal Would Substantially Reduce Budget Crisis Congressman Alan Grayson and former congressman Ron Paul are two of the fiercest warriors against an out-of-control Federal Reserve. Paul has campaigned to dissolve the Fed for 35 years, and wrote an entire … Continue reading

Posted in Business / Economics, Politics / World News | 13 Comments

U.S. Justice Department Opens Criminal Probe Into Currency Market Manipulation

Currency Markets Are Rigged Currency markets are massively rigged. Bloomberg reports today: The U.S. Justice Department has opened a criminal investigation of possible manipulation of the $5.3 trillion-a-day foreign exchange market, a person familiar with the matter said. The Federal … Continue reading

Posted in Business / Economics, Politics / World News | 6 Comments

Military Waste and Fraud Continue In the Middle of the Government Shutdown

Military Waste and Fraud Are the Main  Cause of Our Problems Regular readers know that the government shutdown is caused by bad policies supported by both parties, including out-of-control military boondoggles. We wouldn’t be in this crisis of hitting the … Continue reading

Posted in Business / Economics, Politics / World News | 4 Comments

Canada Busted in Industrial Espionage Targeting Brazil

The “Five Eyes” Spy On Economic Rivals It has long been clear that the NSA spying program is being used for industrial espionage, by spying on large foreign corporations, and the biggest financial payments systems such as VISA and Swift.  … Continue reading

Posted in Business / Economics, Politics / World News | Leave a comment

Is Homeland Security Preparing for the Next Wall Street Collapse?

Guest post by Ellen Brown, http://www.WebofDebt.com. Reports are that the Department of Homeland Security (DHS) is engaged in a massive, covert military buildup. An article in the Associated Press in February confirmed an open purchase order by DHS for 1.6 … Continue reading

Posted in Business / Economics, Politics / World News | 6 Comments

The Dangers of an All-powerful Federal Reserve

Image compliments of Online Accounting Degrees

Posted in Business / Economics, Politics / World News | 3 Comments

Forget Partisan Rhetoric … The Threatened Government Shutdown Is Caused By Bad Policy By BOTH PARTIES

The Real Cause of the Crisis Preface: Remember what the Founding Fathers said about partisan soap operas. While partisans focus on specific things the other side is doing – “Obamacare” and the “debt ceiling” are the buzzwords of the day … Continue reading

Posted in Business / Economics, Politics / World News | 3 Comments

The Stunning Truth About Inequality In America

Cheat Sheet on Inequality Talk about inequality has been in the news recently, but you won’t believe what’s really happening in America today: Inequality in America today is twice as bad as in ancient Rome, worse than it was in … Continue reading

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

Bad Government Policy Has Created the Worst Inequality On Record … And It’s Destroying Our Economy

It’s Not an Accident … It’s Policy America is experiencing unprecedented inequality. And a who’s who of prominent economists (and investors) say that inequality is hurting the economy. Defenders of the status quo pretend that this inequality is something outside … Continue reading

Posted in Business / Economics, Politics / World News | 9 Comments

Who’s Who of Prominent Economists and Billionaire Investors Say that Runaway Inequality Harms the Economy

Growing Consensus that Inequality Causes Economic Downturns A who’s-who’s of prominent economists in government and academia have all said that runaway inequality harms economic growth, including: Fed chairman Ben Bernanke (video continues here) Federal Reserve Governor Sarah Bloom Raskin (more) … Continue reading

Posted in Business / Economics, Politics / World News | 6 Comments

“Covering Up The [Gulf] Oil Spill With Corexit Was a Deadly Action … What Happened In the Gulf Was a Political Act, an Act of Cowardice and Greed”

A Tragedy Our Society Should Never Repeat Preface: Additional interviews of leading government-affiliated experts concerning the Gulf oil spill here and here. As we reported at the time, the EPA allowed BP to dump mass quantities of a highly-toxic chemical … Continue reading

Posted in Business / Economics, Politics / World News, Science / Technology | 11 Comments

What We Could Do with a Postal Savings Bank: Infrastructure that Doesn’t Cost Taxpayers a Dime

Guest post by Ellen Brown, http://www.WebofDebt.com. The U.S. Postal Service (USPS) is the nation’s second largest civilian employer after WalMart. Although successfully self-funded throughout its long history, it is currently struggling to stay afloat. This is not, as sometimes asserted, … Continue reading

Posted in Business / Economics, Politics / World News | 9 Comments

The Government Is Spying On Us Through Our Computers, Phones, Cars, Buses, Streetlights, At Airports And On The Street, Via Mobile Scanners And Drones, Through Our Smart Meters, And In Many Other Ways

Take a Peek at How Widespread Spying Has Become Even now – after all of the revelations by Edward Snowden and other whistleblowers – spying apologists say that the reports are “exaggerated” or “overblown”, and that the government only spies … Continue reading

Posted in Business / Economics, Politics / World News | 130 Comments

A Picture Is Worth a Thousand Words

Hat tip Zero Hedge.

Posted in Business / Economics, Politics / World News | 12 Comments

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

Preface: Not all banks are criminal enterprises. The wrongdoing of a particular bank cannot be attributed to other banks without proof. But – as documented below – many of the biggest banks have engaged in unimaginably bad behavior. You Won’t … Continue reading

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

What Both Sides Are Missing In The Debt Ceiling Debate

It’s Not a Fiscal Cliff … It’s the Breakdown of the Rule of Law Originally posted in July 2011. Re-posted in light of the debt ceiling drama. The blood pressure of the patient in the emergency room drops precipitously. The … Continue reading

Posted in Business / Economics, Politics / World News | 3 Comments

The Armageddon Looting Machine: The Looming Mass Destruction from Derivatives

Guest post by Ellen Brown, http://www.WebofDebt.com. Increased regulation and low interest rates are driving lending from the regulated commercial banking system into the unregulated shadow banking system. The shadow banks, although free of government regulation, are propped up by a … Continue reading

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

Global Credit Excess Is WORSE than Before the 2008 Crash

Precarious Credit Bubble Threatens Global Economy The world’s most prestigious financial agency – the central banks’ central bank, called the Bank of International Settlements or “BIS”  – has slammed U.S. economic policy for a decade. For example, BIS has long … Continue reading

Posted in Business / Economics, Politics / World News | 3 Comments

Big Banks Manipulated Gold and Silver Markets

Gold and Silver Are Manipulated The Guardian and Telegraph report that gold and silver prices are “fixed” in the same way as interest rates and derivatives – in daily conference calls by the powers-that-be. Long-time trader Andrew Maguire told told … Continue reading

Posted in Business / Economics, Politics / World News | 3 Comments

Attacking Syria Or Iran Would HURT the American Economy

  Top Economists Say War Is Bad for the Economy Preface: Many Americans – including influential economists and talking heads – assume that war is good for the economy. Many congressmen assume that cutting pork-barrel military spending would hurt their … Continue reading

Posted in Business / Economics, Politics / World News | Leave a comment

Too Big Has Failed: 3-Minute Video On Wall Street

Posted in Business / Economics, Politics / World News | 5 Comments

The REAL Fukushima Danger

The Real Problem … The fact that the Fukushima reactors have been leaking huge amounts of radioactive water ever since the 2011 earthquake is certainly newsworthy.  As are the facts that: Tepco doesn’t know how to stop the leaks Scientists … Continue reading

Posted in Business / Economics, Energy / Environment, General, Politics / World News, Science / Technology | 385 Comments

Hank Paulson: The Too-Big-To-Fail Phenomenon Is “Unacceptable”

Top Economists, Financial Experts and Bankers Say Giant Banks Are Hurting Economy The Treasury Secretary at the start of the 2008 financial crisis – Hank Paulson – says: 5 yrs after the financial crisis, the Fannie Mae, Freddie Mac reform … Continue reading

Posted in Business / Economics, Politics / World News | 6 Comments

Propaganda Alert: Peace with Syria Will Crash the U.S. Economy

Moronic Drivel from Clueless Warmonger Former chief economist at the U.S. International Trade Commission – and now Kyocera copier salesman – Peter Morici argues that failure to attack Syria will destroy the American economy: President Obama’s vacillation on Syria—first delaying … Continue reading

Posted in Business / Economics, Politics / World News | 19 Comments

Making the World Safe for Banksters: Syria in the Cross-hairs

Guest post by Ellen Brown, http://www.WebofDebt.com. “The powers of financial capitalism had another far reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and … Continue reading

Posted in Business / Economics, Politics / World News | 11 Comments

The Leveraged Buyout of America

Guest post by Ellen Brown, http://www.WebofDebt.com. Giant bank holding companies now own airports, toll roads, and ports; control power plants; and store and hoard vast quantities of commodities of all sorts. They are systematically buying up or gaining control of … Continue reading

Posted in Business / Economics, Politics / World News | Leave a comment

Low Level Radiation: Deadly … Or Harmless?

Cutting through the Misinformation In response to the news that mass quantities of highly-radioactive water are flowing from Fukushima into the Pacific Ocean – and that the radioactivity is spreading to North America – the usual suspects are saying that … Continue reading

Posted in Business / Economics, Energy / Environment, Politics / World News, Science / Technology | 19 Comments

You Won’t BELIEVE the Upshot of BP’s Gulf Oil Spill

Background here, here and here.

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

West Coast of North America to Be Hit Hard by Fukushima Radiation

Radiation Levels Will Concentrate in Pockets In Baja California and Other West Coast Locations An ocean current called the North Pacific Gyre is bringing Japanese radiation to the West Coast of North America: The leg of the Gyre closest to … Continue reading

Posted in Business / Economics, Energy / Environment, Politics / World News, Science / Technology | 486 Comments

Detroit: Government Chooses Big Banks Over the American People Once Again

Government Sides with the Big Banks Every Time Ellen Brown noted recently that Detroit is yet another example of the government choosing big banks over the American people: The argument for the super-priority of derivative claims [background] is that nonpayment on … Continue reading

Posted in Business / Economics, Politics / World News | 3 Comments

Copyright Infringement Is Being Treated as Terrorism

Counter-Terrorism Gone Crazy Top American security experts say that using “anti-terror” powers to go after non-terrorism related activities hurts our national security. A good example is copyright infringement. The Patriot Act has been invoked in connection with copyright infringement … … Continue reading

Posted in Business / Economics, Politics / World News, Science / Technology | 3 Comments

Letting Tepco “Clean Up” Fukushima Is Like Letting a Murderer Do Brain Surgery On a VIP

In 3 Months, Do We Want to Entrust U.S. “National Security” and Perhaps Even “Human Survival” In the Northern Hemisphere to These Guys? If an incompetent doctor killed numerous patients doing routine surgery – and then lied and tried to … Continue reading

Posted in Business / Economics, Energy / Environment, Politics / World News, Science / Technology | 5 Comments

Scientists Gain New Insight Into Climate Change … And What To Do About It

Frack That “Clean natural gas” from fracking has been touted for years as a cure for global warming. But scientists say that fracking pumps out a lot of methane … into both our drinking water and the environment. Methane is … Continue reading

Posted in Business / Economics, Energy / Environment, Politics / World News, Science / Technology | 21 Comments

Nuclear Regulatory Commission Is Using Obviously Faulty Models to Pretend Crumbling Nuclear Reactors Are Safe

Ignoring Basic Engineering Science Puts Us All At Risk Faulty assumptions by America’s financial regulators led to the 2008 crash … and many other disastrous results. Similarly, America’s main nuclear regulator – the Nuclear Regulatory Commission -   made numerous assumptions … Continue reading

Posted in Business / Economics, Energy / Environment, Politics / World News, Science / Technology | 9 Comments

The Secret GOOD NEWS from Fukushima

Fukushima Proved that Dry Casks Work Many bad secrets have been revealed about Fukushima. For example: Plant operator Tepco just admitted that it’s known for 2 years that massive amounts of radioactive water are leaking into the groundwater and Pacific … Continue reading

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

The Detroit Bail-In Template: Fleecing Pensioners to Save the Banks

Guest post by Ellen Brown: http://www.WebofDebt.com The Detroit bankruptcy is looking suspiciously like the bail-in template originated by the G20’s Financial Stability Board in 2011, which exploded on the scene in Cyprus in 2013 and is now becoming the model … Continue reading

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

American Nuclear Industry Suffers a Meltdown

American Nuclear Power Fizzles Even though the American government has done everything possible to encourage nuclear power – by wholly subsidizing nuclear power, reducing safety standards after Fukushima, forcing Japan to re-start its nuclear program, covering up the severity of … Continue reading

Posted in Business / Economics, Energy / Environment, General, Politics / World News, Science / Technology | 5 Comments

4 Out of 5 Americans Face Joblessness, Poverty

Rampant Inequality – Which Destroys Economies – Skyrockets to the Highest Levels In History Associated Press reports that around 80 percent of all Americans deal with joblessness, near poverty, or reliance on welfare at some point in their lives. AP … Continue reading

Posted in Business / Economics, Politics / World News | 4 Comments

You Won’t BELIEVE What’s Going On at Fukushima Right Now

Tepco Has No Idea How to Stabilize the Reactors You’ve heard bad news about Fukushima recently. But it’s worse than you know. The Wall Street Journal notes that radiation levels outside the plant are likely higher than inside the reactor: … Continue reading

Posted in Business / Economics, Energy / Environment, Politics / World News, Science / Technology | 42 Comments

Global Power Project, Part 8: Banking on Influence with Wells Fargo

By Andrew Gavin Marshall, AndrewGavinMarshall.com. Part 1: Exposing the Transnational Capitalist Class Part 2: Identifying the Institutions of Control Part 3: The Influence of Individuals and Family Dynasties Part 4: Banking on Influence with JPMorgan Chase Part 5: Banking on … Continue reading

Posted in Business / Economics, Politics / World News | Leave a comment

NSA Spying Directly Harms Internet Companies, Silicon Valley, California … And the Entire U.S. Economy

Mass Surveillance Is “Killing Our Most Productive Golden Goose” Mass surveillance by the NSA may directly harm the bottom of line of Internet companies, Silicon Valley, California … and the entire national economy. Money News points out: The company whose … Continue reading

Posted in Business / Economics, Politics / World News | 3 Comments

Green Light for City-Owned San Francisco Bank

Guest post by Ellen Brown, http://www.WebofDebt.com. When the Occupiers took an interest in moving San Francisco’s money into a city-owned bank in 2011, it was chiefly on principle, in sympathy with the nationwide Move Your Money campaign.  But recent scandals … Continue reading

Posted in Business / Economics, Politics / World News | 4 Comments

When Bad Government Policy Leads to Bad Results, the Government Manipulates the Data … Instead of Changing Policy

Manipulating Bad Financial Data Bad government policy has created a years-long unemployment problem. But instead of fixing the problem, the government is trying to paper over it. We’ve known for a long time that the Bureau of Labor Statistics fudges … Continue reading

Posted in Business / Economics, Politics / World News | 1 Comment

Collateral Damage: QE3 and the Shadow Banking System

Guest post by Ellen Brown, http://www.WebofDebt.com. Rather than expanding the money supply, quantitative easing (QE) has actually caused it to shrink by sucking up the collateral needed by the shadow banking system to create credit. The “failure” of QE has … Continue reading

Posted in Business / Economics, Politics / World News | 5 Comments

If We Don’t Break Up the Big Banks, They Will Manipulate More and More of the Economy … Making Us Poorer and Poorer

Interest Rates Are Manipulated Interest rates are rigged: The big banks have conspired for years to rig interest rates … upon which $800 trillion in assets are pegged This was the largest insider trading scandal ever … and the largest … Continue reading

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

Big Banks Busted Manipulating Aluminum and Copper Prices

Break Them Up … Or They’ll Take Over More and More of the Economy, Making Us Poorer and Poorer We’ve previously notedthat the big banks have massively manipulated commodity prices … with the help of government agencies. And that the … Continue reading

Posted in Business / Economics, Politics / World News | 4 Comments

Missing Money

Image compliments of Masters in Accounting Degrees

Posted in Business / Economics, Politics / World News | 15 Comments

Why Doesn’t the Government Use Its Mass Surveillance to Bust the Big Criminals … the Banksters?

If the Government Is Going to Spy … Why Doesn’t It Do Something Useful? The big banks have committed massive crimes and manipulated virtually every market. The failure to prosecute fraud is preventing a sustainable economic recovery. As such, prosecuting … Continue reading

Posted in Business / Economics, Politics / World News | 39 Comments

Is Gold the Next Subprime Mortgage Scandal?

Background here and here.

Posted in Business / Economics, Politics / World News | 1 Comment

Everyone Knows that the Federal Reserve Banks Are PRIVATE … Except the American People

Most Americans Still Don’t Know that Federal Reserve Banks Are Private Corporations The country’s most powerful “agency” – the Federal Reserve – is actually no more federal than Federal Express. The U.S. Supreme Court ruled in 1928: Instrumentalities like the … Continue reading

Posted in Business / Economics, Politics / World News | 18 Comments

The Government Is Spying On ALL Americans’ Digital and Old-Fashioned Communications

Anyone Who Says the Government Only Spies On Potential Bad Guys Is Sadly Uninformed Even now – after all of the revelations by Edward Snowden and other whistleblowers – spying apologists say that the reports are “exaggerated” or “overblown”, and … Continue reading

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

Global Power Project, Part 5: Banking on Influence With Goldman Sachs

By Andrew Gavin Marshall, AndrewGavinMarshall.com. Part 1: Exposing the Transnational Capitalist Class Part 2: Identifying the Institutions of Control Part 3: The Influence of Individuals and Family Dynasties Part 4: Banking on Influence with JPMorgan Chase Anyone who has paid … Continue reading

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

Giant Banks Take Over Real Economy As Well As Financial System … Enabling Manipulation On a Vast Scale

Big Banks Move Into Uranium Mining, Petroleum Products, Aluminum, Ownership and Operation Of Airports, Toll Roads, and Ports, and Electricity Top economists, financial experts and bankers say that the big banks are too large … and their very size is … Continue reading

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