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Memo to Congress: Show Us the M-O-N-E-Y! (Part 3, Conclusion)
Geraldine Perry
To examine the question posed in Part 2 (namely how can the Federal Reserve, as the nation's designated monetary authority, balance the internal needs of the world's largest economy with the inevitable impact that that economy has on the global economy, all through a monetary system precariously built on debt?) let's begin at the beginning by describing quantitative easing as follows (underlining mine):
"... a monetary policy used by central banks to increase the supply of money by increasing the excess reserves of the banking system. This policy is usually invoked when the normal methods to control the money supply have failed, i.e the bank interest rate,discount rate and/or interbank interest rate are either at, or close to, zero.
Gilad Atzmon: The Penny Has Dropped
Gilad Atzmon
Ynet reported yesterday , that in a BBC global poll gauging attitudes towards various countries worldwide, Israel came pretty much at the bottom -- There were just three countries less popular than the Jewish State – Pakistan, North Korea and Iran.
The Israelis must find it hard to accept that their state is one of the least popular countries in the world. Seemingly, Zionism -- that presented itself as a promise to bring about a civilised and lovable Jewish state -- has totally failed.
In spite of relentless Hasbara efforts and the Jewish lobbies around the world, the penny has dropped -- People out there see Israel for what it is : Just 21% of those polled wordlwide expressed a positive opinion of Israel.
Corporate Coup d'Etat in Wisconsin
by Stephen Lendman
Ralph Nader calls Washington corporate-occupied territory - "every department agency controlled by the overwhelming presence of corporate lobbyists, corporate executives in high government positions, turning the government against its own people."
Nader also said corporations don't just control government, they are the government. "The corporation IS the government!" They bought and own it at the federal, state and local levels, running it like their private fiefdom at the expense of working Americans, systematically stripping them of hard-won rights.
They have 10,000 Political Action Committees and 35,000 full-time lobbyists. "Just imagine," says Nader, "even the Labor Department is not controlled by trade unions - it's (owned and) controlled by corporations."
A Perfect Storm of GMOs, Chemicals and Cancer
By Rady Ananda
Food Freedom
Several books, including Seeds of Destruction and Corrupt to the Core, along with the film, The Idiot Cycle, lay out the framework for and evidence of a concerted effort to sicken and then treat humanity, while earning obscene profits. When we factor in other recent actions taken by transnational corporations and lawmakers, the conspiracy adopts a more ominous tone.
Authors William Engdahl and Shiv Chopra appear in Emmanuelle Schick Garcia’s powerful film, The Idiot Cycle: What you aren’t being told about cancer. Both writers provide detailed evidence of a corporate-government conspiracy to adulterate the food and water supply with dangerous substances linked to a host of illnesses. The Case Against Fluoride, a book using hundreds of peer-reviewed studies, provides more evidence. In David Gumpert’s Raw Milk Revolution, we get a peek at the US government’s war on the natural dairy industry.
If the Script Calls for Credible “Bad Guys,” Then Invent Some!
Peter Chamberlin
The best-laid plans of America’s sickest minds are unraveling before their bloodshot evil eyes. The further the CIA mind-twisters stretch in trying to make their crazy “militant Islamist” scheme work somewhere in the Muslim world, the more the edges ravel on the magnificiant whole-cloth of lies that they have so lovingly woven for us. We should all be allowed to smile just a little when the CIA’s dumbest “mind-fuck” plans fail, if it were not for the fact that they have gambled our futures on their plots.
The great thing about “al-Qaeda” is that they are the terrorist group that has something to offer for anyone who needs a patsy to fulfill a task, whether that be to cover a political assassination of an annoying individual, a military incursion into an innocent country, the suppression of national civil rights, or even the use of martial law tactics against unarmed citizens.
Egypt: Peering into the revolution’s crystal ball
Eric Walberg
Comparisons between Egypt’s revolution and others during the past abound and are instructive. They suggest two scenarios for the post-revolutionary period.
Egypt’s revolution is considered to be a startling new development, the result of the Internet age. But it is actually more like the traditional revolutionary scenario predicted by Karl Marx in the mid-19th century, a desperate protest against mass poverty resulting from rampant capitalism. Its association with the overthrow of authoritarian regimes in Eastern Europe and Russia in the 1990s, as epitomised by the adoption of the Serbian Otpor’s clenched fist masthead, is thus superficial. A more apt comparison in economic terms is with the Philippines, also a poor country with a large peasant population.
Pack Journalism Promotes War on Libya
by Stephen Lendman
America's major media never met an imperial war it didn't love and promote, never mind how lawless, mindless, destructive and counterproductive.
Despite Washington already bogged down in two losing ones, Obama's heading for another on Libya, the media pack in the lead clamoring for it, perhaps by "shock and awe," supplemented by special forces death squads on the ground recruiting, inciting, and arming opposition elements.
Notably favoring intervention, a New York Times February 24 editorial headlined, "Stopping Qaffafi," saying:
"Why Joseph Biden will be the Next Vice President of the United States" (OpEdNews 404 – Repost)
By Robert Singer
Click here to read why “this article is not currently available” at OpEdNews.
October 9, 2008
Why Joseph Biden will be the Next Vice President of the United States
A Palin/McCain presidency will not happen. Not because it violates the law of presidential politics, but because it violates the law of vice presidential politics. You can have a vice president more powerful than the president but not more popular. Nixon, Bush, Cheney – powerful, yes, but about as popular as Ohio’s electronic voting machines. Palin/McCain are on the bridge to nowhere in the 2008 election.
Sara Palin has been compared to Dan Quayle in that both were selected to give the illusion that the public voted for the candidate the puppet masters had decided beforehand would be President.
Dan Quayle, whose Christianity involved questioning the family values of a mythical television character, would allow the pundits to speculate it was the Evangelical’s that voted for the unpopular H.W. George Bush. No one expected Evangelicals to actually vote for Bush/Quayle; that was a bonus and made fixing the election easier.
Sara Palin will allow the pundits and John McCain to blame his loss on his advisers who forced him to accept Sara Palin over his friend Joe Lieberman. After all, the public would not be expected to vote for McCain with a Hockey Mom one 72-year-old's heartbeat away from the presidency. The puppet masters had it easy in 1988 when the gullible Evangelicals voted for Bush. Palin’s performance in the vice presidential debates was remarkable and if her Joe Six-Pack popularity continues, it will make fixing the election harder.
Barack Obama, an unknown senator four years ago, travels in the same circles as other members of the super-secret Skull & Bones society of Yale University--George H.W. Bush, George W. Bush, and even John Kerry. John Kerry pretended to be running for president in 2004. The puppet masters did their best to “swift boat” Kerry, but it wasn’t enough. Americans didn’t want another four years of Dubya. Mark Crispin Miller, author of Fooled Again, said Kerry conceded because his campaign advisers pressured him to do so, even though his vice presidential running mate, John Edwards, preferred to wait until they had more information. “Kerry’s caving in like that gave an enormous gift to the right wing,” Miller said. “They (the conservatives) could now claim, ‘well, even their (the Democrats’) candidate doesn’t think it was stolen. And they (Kerry and his advisers) left … the American people hanging out to dry there.”
Kerry’s decision not to fight left millions of Americans wondering if democracy had been stolen – along with the last two presidential elections.
The Candidate for Change, Barack Obama, might just be the most remarkable man the world has ever seen--intellectual, oratorical, governmental and a genius. He rose from obscurity to power with his top economics adviser, Zbigniew Brzezinski, the co-founder of David Rockefeller's Trilateral Commission. And if you need more proof, his beautiful wife, Michelle, is reputed to be closely linked to the Council on Foreign Relations.
It doesn’t matter who you vote for on November 4th. Senator Barack Obama from the state of Illinois will be the next president of the United States; Governor Palin aka Hockey Mom is Obama’s insurance policy.
From the Axis of Evil to the Least Popular Country
Kourosh Ziabari
A poll recently conducted by the BBC World Service in 27 countries shows that Iran is considered to be the least popular country of the world, followed by North Korea, Pakistan and Israel.
Iran which was dubbed a part of the Axis of Evil by the former U.S. President George W. Bush in his State of the Union address on January 29, 2002, is now under the merciless spates of psychological attack by the world’s mainstream media over its controversial nuclear program.
To the Western mainstream media, Iran can only be defined in the framework of its contentious nuclear program and a number of stereotypes which seem to be inseparable from the West’s depiction and portrayal of Iran.
Why is Alex Jones' site attacking Michael Moore?
By Raymond Ponzini
A union member, a CEO and a Tea Party member are sitting at a table with 12 cookies. The CEO grabs 11 cookies, turns to the Tea Partier and says “The Union’s out to take your cookie!” Is that true Mr. Jones, are the unions and Michael Moore really out to take my cookie?
I first noticed something amiss about Alex Jones' position towards working people when he came out against the ‘Public Option’, which was a government run health care plan and not a corporate HMO plan. He was right to condemn the Obama administration's health care plan because it ended up being a massive insurance company swindle, which Jones dutifully pointed out. But Jones was also against Single Payer or any government run public option health care, which at the time was being heavily supported by thousands of doctors and nurses across the country. I was disappointed in Jones for his lack of sensitivity to the tremendous health care inequity that exists in America. Even if the public option had been flawed and inadequate it would have competed with the brutal ‘for profit’ health care system, which now causes the unnecessary deaths of some 50,000 uninsured Americans every year. And it would have sent a clear message to the super rich who own the health care system that they would have to stop letting people die so they can make more money.
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