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War Is Great for the 1% … But Makes the 99% Poorer

War Profiteers: The 1% The heads of the big defense firms make huge salaries off of war, and are part of the .01%. They not infrequently fund...

The Fed Bails Out Gaddafi’s Libyan Bank, Arab Banking Corp. of Bahrain, Banks of Bavaria, Korea and Mexico … But Shafts America

The Federal Reserve Bails Out Fatcat Bankers and Financiers Worldwide … But Shafts the Average American Fox Business noted in December:The conflicts of interest and...

“The Fraud Perpetrated Upon Investors and Insurers Due to Multiple Pledges of Collateral Could Be Massive”

Christopher Whalen previously explained how the banks got away with pledging mortgages to multiple buyers.Today, Whalen provides further details: The short answer is “innovation.” In her column, “One...

Professors Black and Wray Confirm that Bear Pledged the Same Mortgage to Multiple Buyers

I have repeatedly pointed out that mortgages were pledged to multiple buyers at the same time. See this and this.Today, in another must-read piece, economics professors William...

Conservatives and Liberals Agree: End the Malignant, Symbiotic Relationship Between Big Government and Big Corporations

The Issue that Unites Conservatives and Liberals While many pretend that liberals and conservatives are too far apart to work together, there are actually many issues...

Non-Partisan Government Report: Federal Reserve Is Riddled with Corruption and Conflicts of Interest

The Federal Reserve Is Riddled with Corruption and Conflict of Interest, Much More Than Even Other Central Banks The non-partisan Government Accountability Office released a...

Economists: End Or Drastically Downsize the Fed

Economists Want to End – Or Drastically Downsize – the Fed Economics Professor and monetary expert Randall Wray told me that we should end the...

Do We Need Banks, Or Can We Cut Out the Middleman?

Banks Are So Big They Are Killing the Economy … and Own the Politicians Virtually all independent economists and financial experts agree that the economy cannot...

Co-Chair of the Congressional Inquiry Into 9/11 – and Former Head of the Senate Intelligence Committee – Calls for a New 9/11 Investigation

The Co-Chair of the Congressional Inquiry into 9/11 and former Head of the Senate Intelligence Committee, Bob Graham, previously stated that an FBI informant had hosted...

Does the American Government Consider Economic Rivalry to Be A Justification For War?

American Government Threatened By All Who Question U.S. Military Hegemony The influential Neoconservative think tank Project for a New American Century (PNAC) argued in 2000...

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