By Deanna Spingola

Hammering the USSR's Economy

In 1989 President George H. W. Bush began the multi-billion dollar Project Hammer program using an investment strategy to bring about the economic destruction of the Soviet Union including the theft of the Soviet treasury, the destabilization of the ruble, funding a KGB coup against Gorbachev in August 1991 and the seizure of major energy and munitions industries in the Soviet Union. Those resources would subsequently be turned over to international bankers and corporations. On November 1, 2001, the second operative in the Bush regime, President George W. Bush, issued Executive Order 13233 on the basis of "national security" and concealed the records of past presidents, especially his father's spurious activities during 1990 and 1991. Consequently, those records are no longer accessible to the public. 1 The Russian coup plot was discussed in June 1991 when Yeltsin visited with Bush in conjunction with his visit to the United States. On that same visit, Yeltsin met discreetly with Gerald Corrigan, the chairman of the New York Federal Reserve.2

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Bank of America Looks Like First of Many

Michael Collins

"This merger (Bank of America and Merrill Lynch) is a classic example of how the actions of our nation’s largest financial institutions led to the near-collapse of our financial system," said Attorney General Cuomo. "Bank of America, through its top management, engaged in a concerted effort to deceive shareholders and American taxpayers at large. This was an arrogant scheme hatched by the bank’s top executives who believed they could play by their own set of rules. In the end, they committed an enormous fraud and American taxpayers ended up paying billions for Bank of America’s misdeeds." (Image)

New York State Attorney General Andrew Cuomo

Andrew Cuomo's complaint filed in the New York Supreme Court, County of New York against the Bank of America and two former top executives has the potential to push that too big to fail entity off the edge of a very steep cliff. The charges of massive fraud are based on a compelling and exhaustive filing on February 4.

A trial will likely involve testimony by the current Bank of America CEO and President Brian Moynihan against defendants Kenneth Lewis, the bank's former CEO and board chairman, former chief financial officer (CFO) Joseph L. Price, and the bank itself. Price is currently in charge of BofA's credit card division.

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Mary Shaw

On February 6th, Sarah Palin gave the keynote address at a tea party convention in Nashville.

As expected, I disagreed with just about everything Palin said. However, there was one part of her speech in particular that really got my blood boiling: She propagated the lie that the would-be Christmas airline bomber, Umar Farouk Abdulmutallab, stopped talking after he was read his Miranda rights. The right wing likes to use that talking point to further their belief that terrorism suspects deserve no rights.

The Washington Post described that portion of her speech as follows:

"Serving up fiery rhetoric with a broad smile, she attacked the administration's policies on the economy and on national security, assailing in particular the decision to read Miranda rights to the man accused of attempting to bomb a U.S. airliner on Christmas Day.

'Treating this like a mere law enforcement matter places our country at great risk because that's not how radical Islamic extremists are looking at this,' Palin said to thunderous applause. 'They know we're at war, and to win that war we need a commander in chief, not a professor of law standing at the lectern.'"

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By Timothy V. Gatto

I stopped trusting the United States a long time ago. I find it very hard to believe anything that comes from the federal government. I am convinced that both major political parties have the same agenda; world domination. I also believe that Congress has lost most of the power reserved for it by the United States Constitution. The Bush administration greatly expanded Executive Branch power, especially in the area of military operations. The Authorization for the Use of Force passed in 2002 had a stipulation that the Executive Branch must report to Congress every 60 days on how the AUOF was being used. (Public Law 107-243, Oct 16, 2002). This practice to my knowledge is not being followed by the Obama Administration in violation of the law. This means that the President, by not informing Congress on the use of force covered by the authorization every 60 days, is guilty of breaking the law. This gives the President carte blanche to use military force without any supervision by Congress in violation of the War Powers Act and the Constitution. I believe that this wanton disregard for the law is far more dangerous to our republic than President Clinton having oral sex with an intern for which he was impeached by the House of Representatives. The American people seem to be learning deceit from the top down.

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