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The Largest U.S. Banks Have Repeatedly Gone Bankrupt Due to Wild Speculation. The Fed Blessed the Speculation then Helped Cover Up the Bankruptcies

As I have previously pointed out, the New York Times wrote in February:In the 1980s, during the height of the Latin American debt crisis, the total...

The Real Reason the SEC Has Been Shredding Documents For Decades

SEC Attorney Reveals that Agency Has Shredded Documents for Decades to Cover Up Wall Street Fraud What should we make of the new revelations by...

Psychologists: “The Idea Of Nobless Oblige Or Trickle-Down Economics … Is Bull. Our Data Say You Cannot Rely On The Wealthy To Give Back....

Raw Story notes that a study by psychologists from University of California Berkeley and UCSF – published in Current Directions in Psychological Science – shows that the wealthy...

Obama Is Implementing Plans For War Throughout the Middle East Created 10 Years Ago by the Neocons

Politico reports:The U.S. has dramatically ratcheted up the pressure on Syrian President Bashar Assad, slapping new sanctions on key companies Wednesday as White House press...

High-Level Officials Eager to Spill the Beans About What REALLY Happened on 9/11 … But No One In Washington or the Media Wants to...

9/11 Commission Admits It Never Got The Facts … But No One Wants to Hear From the People Who Know What Happened 9/11 Commission: We...

Mainstream Media: Presstitutes for the Rich and Powerful

While the Rupert Murdoch scandal is justifiably front-page news, there is a much wider problem with the mainstream media.Purchasing ReportersFamed Watergate reporter Carl Bernstein...

Pentagon Seeks to Manipulate Social Media for Propaganda Purposes

Wired reported on Friday:The Pentagon is looking to build a tool to sniff out social media propaganda campaigns and spit some counter-spin right back at it.On...

Economics Professor: “[We’ll Have] a Never-Ending Depression Unless We Repudiate the Debt, Which Never Should Have Been Extended In The First Place”

Preface: Regular debts which are knowingly and honestly incurred should be repaid. This essay focuses solely on debts which are involuntarily incurred by politicians...

Goldman Bet Against Entire European Nations – Who Were Clients – the Same Way It Bet Against Its Subprime Mortgage Clients

It is well-documented that big banks like Goldman Sachs made money by betting against investments which they themselves bundled and sold to their own...

If We Don’t Break Up the Giant Banks NOW, They’ll Be Bailed Out Again and Again … Dragging the World Economy Down With Them

I warned last year:Anyone who thinks that Congress will use the current financial regulation – Dodd-Frank – to break up banks in the middle of an...

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