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Looming Economic Realities

May 31st, 2012

by Stephen Lendman

Conditions show weakness, not improvement. Soft-land enthusiasts face rude awakening challenges. Later in 2012 and especially 2013, expect tougher times to reshape their outlook. They're always notoriously behind the curve.

Bad policy begets bad results. Force-fed austerity promises hard times getting nasty. In fall 2007, residential housing's reversal shaped events going forward.

Real estate kept overvalued markets safe. For most US households, it's their main discretionary income source. Its trajectory went straight up for years. Doing so formed a classic bubble. Eventually they all burst.

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Systemic politics: Donkey dung and elephant manure

May 31st, 2012

By Larry Pinkney

“The worst thing about the Democrat and Republican parties is that they exist. The best thing is—they really don’t have to.”—Anonymous

As the U.S. Empire unravels, its viciousness at home and abroad will increase expedientially. Systemic contradictions and the concomitant sham of ‘democracy’ as embodied by the corporate owned Democratic and Republican parties will become ever more obvious.

Despite the ongoing pathetic and scummy efforts on the part of the U.S. corporate-stream media to pass off mindless gossip, endless distractions, gross distortions, crucial omissions, and outright lies as being supposed ‘news and information,’ the enormous economic pain and austerity suffered by everyday Black, White, Brown, Red, and Yellow people will ultimately collide head-on with the fallacious systemic propaganda being massively fed to ordinary, everyday struggling people.

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Violence-Wracked Honduras

May 31st, 2012

by Stephen Lendman

On June 28, 2009, a coordinated State Department-Pentagon project allied with Honduran military commanders and top opposition figures ousted President Manuel Zelaya.

Industrialists, financial interests, large landowners, and transnational corporations supported the coup.

A Porfirio Lobo fascist dictatorship replaced him. Washington backs, arms and funds it.

All Honduran officers from captains on up train at the Western Hemisphere Institute for Security Cooperation (WHINSEC).

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Out of the Mouths of Babes: Twelve-Year-Old Money Reformer Tops a Million Views

May 31st, 2012

by Ellen Brown

The youtube video of 12 year old Victoria Grant speaking at the Public Banking in America conference last month has gone viral, topping a million views on various websites.

Monetary reform—the contention that governments, not banks, should create and lend a nation’s money—has rarely even made the news, so this is a first. Either the times they are a-changin’, or Victoria managed to frame the message in a way that was so simple and clear that even a child could understand it. Basically, her message was that banks create money “out of thin air” and lend it to people and governments at interest. If governments borrowed from their own banks, they could keep the interest and save a lot of money for the taxpayers.

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Lord Justice Damns Inquiry

May 30th, 2012

By Michael Collins



(Washington, 2/30/2012) At the end of Monday's Leveson Inquiry with Tony Blair on the stand, Lord Justice Leveson sent the credibility of the effort's summary findings straight to Hell. After Blair's pressured presentation and an interruption by a protester who called Blair a war criminal, Leveson began an odd exchange with the former Prime Minister. It began with this request to Blair:

Lord Justice Leveson:

2 So whatever assistance you can give, who have
3 thought about how you change things for the future, I'd
4 be very interested. Let me give you some potential
5 issues. (May 28 transcript page 38)

If things had ended there, this could be seen as a modest invitation, one Leveson might have offered any number of witnesses as a general courtesy. But the justice was not finished. He outlined specific issues covering five pages of transcript.

This was no a casual request. We witnessed the supposedly objective judge of press excesses recruiting a former politician who had just spent several hours intermittently bemoaning to Queen's Counsel (QC) Robert Jay just how difficult it was for him to deal with the press.

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THE 21st Century Political Plantations - Reservations Of The United States Of Insanity

May 30th, 2012

Larry Pinkney

"Knowledge makes a man unfit to be a slave." - Frederick Douglass

The single most potent and effective form of slavery is mental. It is this slavery that suffocates the potential and the aspirations of everyday Black, White, Brown, Red and Yellow people in the United States. It is perpetuated by the most hypocritical and violent corporate government on the planet of Mother Earth - that of the de facto Empire of the United States.

The power elite of this nation is one, that under the obfuscated guise of progress; thwarts, disfigures, and subverts the very best in humankind both here and abroad. It is a manipulated and greedy form of insanity that systemically keeps ordinary people in a perpetual state of political, social, and economic slavery.

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U2, Bono? Celeb partners with Monsanto, G8, to biowreck African farms with GMOs

May 29th, 2012

By Rady Ananda
Activist Post

At the G8 Summit held two weeks ago at Camp David, President Obama met with private industry and African heads of state to launch the New Alliance for Food Security and Nutrition, a euphemism for monocultured, genetically modified crops and toxic agrochemicals aimed at making poor farmers debt slaves to corporations, while destroying the ecosphere for profit.

And Bono, of the rock group U2, is out shilling for Monsanto on this one.

It’s phase 2 of the Green Revolution. Tanzania, Ghana, and Ethiopia are the first to fall for the deception, with Mozambique, Cote d’Ivoire, Burkina Faso and other African nations lining up for the “Grow Africa Partnership,” under Obama’s “Global Agricultural Development” plan.

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Anti-Syrian Propaganda Promotes War

May 29th, 2012

by Stephen Lendman

A previous article discussed scoundrel media anti-Iranian propaganda. They also target Syria. They march in lockstep with imperial lawlessness.

Readers and viewers deserve better than misinformation and betrayal. They need alternative sources to avoid it.

Washington has longstanding designs on Iran and Syria. Regime change is planned by any means. War threatens both countries. Obama, the peace candidate, can't wait to start another one. He's already guilty of war crimes multiples times over.

Media scoundrels back him. Peace, equity, justice, human and civil rights, other democratic values, and obeying rule of law principles don't matter. Political Washington abhors them. So do media scoundrels.

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Piling on Irresponsibly Against Syria

May 29th, 2012

by Stephen Lendman

When Washington and Israel plan war, even sources that know better pile on. Haaretz is no exception.

At times it reports responsibly. Other times it falls short. More on that below.

Founded in 1918, Haaretz is Israel's oldest broadsheet. Britain Mandate government sponsored it. In 1919, Zionist immigrants took control.

Initially it was called Hadashot Haaretz (News of the Land). Later it became Haaretz (The Land). In 1937, Salman Schocken bought the paper. In 1939, his son Gershom became editor-in-chief. He remained so until death in 1990.

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The United Jewish Kingdom

May 29th, 2012

By Gilad Atzmon

The Telegraph reported yesterday that “ministers have criticised Britain’s biggest exam board after pupils were asked to explain ‘why some people are prejudiced against Jews’ as part of a GCSE (General Certificate of Secondary Education).

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