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Killing Off Community Banks — Intended Consequence of Dodd-Frank?

October 22nd, 2015

by Ellen Brown

The Dodd-Frank regulations are so lethal to community banks that some say the intent was to force them to sell out to the megabanks. Community banks are rapidly disappearing — except in North Dakota, where they are thriving.

At over 2,300 pages, the Dodd Frank Act is the longest and most complicated bill ever passed by the US legislature. It was supposed to end “too big to fail” and “bailouts,” and to “promote financial stability.” But Dodd-Frank’s “orderly liquidation authority” has replaced bailouts with bail-ins, meaning that in the event of insolvency, big banks are to recapitalize themselves with the savings of their creditors and depositors. The banks deemed too big are more than 30% bigger than before the Act was passed in 2010, and 80% bigger than before the banking crisis of 2008. now have assets of some $10 trillion, amounting to almost 60% of GDP; and they control nearly 50% of all bank deposits.

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Occupation and Persecution: The Sole Cause of Violence in Palestine

October 22nd, 2015

by Stephen Lendman

Palestinians are not knife-wielding terrorists as scurrilous Western and Israeli reports claim - disgracefully highlighted by presstitute scoundrels, ignoring decades of Palestinian suffering and ruthless occupation harshness.

Israel bears full responsibility for ongoing violence, planned and instigated by Netanyahu’s Arab-hating fascist regime - with full support from neocons infesting Washington, part of their longstanding scheme for world dominance by brute force and genocidal elimination of opposition.

Unrestrained state terror is official US and Israeli policy. The only way to stop daily violence and persecution in Palestine is by ending occupation and effectively challenging US imperial lawlessness.

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Israelis Are Today’s Nazis

October 22nd, 2015

by Stephen Lendman

Israel terrorizes Palestinians the same way Nazis brutalized Jews - disgracefully supported by Western regimes and supportive media, ignoring decades of racist persecution, including ongoing genocidal high crimes demanding accountability. More on Israeli ruthlessness below.

Resistance against Nazi tyranny during WW II occurred in every occupied country, as well as in Germany - from Hitler’s rise to power until the Third Reich’s fall in spring 1945, including plans to oust Hitler and end the scourge of Nazism. Throughout occupied Europe, Russian, French, Dutch, Belgian, Slavic, Polish, Scandinavian, even Italian resistance challenged its ruthlessness.

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Recep Tayyip Erdoğan: Terrorist Unleashed

October 21st, 2015

James Petras

Introduction

The October 12, 2015 terror bombing in Ankara, resulting in the death of 127 trade unionists, peace activists, Kurdish advocates and progressives, has been attributed either to the Recep Tayyip Erdoğan regime or to ISIS terrorists.

The Erdoğan regime’s ‘hypothesis’ is that ISIS or the Kurdish Workers Party (PKK) was responsible for the terrorist attack, a position echoed by all of the NATO governments and dutifully repeated by all of the Western mass media. Their most recent claim is that a Turkish member of ISIS carried out the massacre – in a ‘copy-cat action’ after his brother, blamed by the Turkish government for an earlier bombing which left 33 young pro-Kurdish activists dead in July in Suruc, on the Syrian border.

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Arab World: Authoritarianism is Menace to Peace and Conflict Management

October 21st, 2015

Dr. Mahboob A. Khawaja

Terror is the engine of war. And terror is what all sides in this conflict produce in overabundance …….We torture hostages in our black sites and choke them to death by stuffing rags down their throats. They torture hostages in squalid hovels and behead them. We organize Shiite death squads to kill Sunnis. They organize Sunni death squads to kill Shiites. We produce high-budget films such as “American Sniper” to glorify our war crimes. They produce inspirational videos to glorify their twisted version of jihad. The barbarism we condemn is the barbarism we commit. The line that separates us from the Islamic State of Iraq and Syria (ISIS) is technological, not moral. We are those we fight. …..“From violence, only violence is born,” Primo Levi wrote, “following a pendular action that, as time goes by, rather than dying down, becomes more frenzied.” (Chris Hedges, “The Terror We Give Is the Terror We Get” Truthdig: 2/08/2015)

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NYT Falsely Claims Russia Sending Troops to Syria

October 21st, 2015

by Stephen Lendman

The New York Times is militantly anti-Russian, an over-the-top lying machine, featuring all propaganda all the time on major geopolitical issues, systematically suppressing hard truths.

Its latest misinformation piece falsely headlined “Russian Soldiers Join Syria Fight,” claiming Moscow “said Monday that its ‘volunteer’ ground forces would join the fight and NATO warned the Kremlin after at least one Russian warplane trespassed into Turkey’s airspace.”

More on the so-called air space violation below. The Times shamelessly accused Moscow of “saber-rattling,” challenging Obama’s Syria agenda, ignoring its lawlessness, saying “(a) Russian ground force could fundamentally alter the conflict.”

Putin categorically ruled out using ground troops in Syria. Russian upper house Federation Council foreign affairs committee chairman Konstantin Kosachev said “(w)e would not risk getting stuck in a long conflict and threaten the lives of our troops. The operation is aerial only. Certainly, in coordination with the ground operation of the Syrian army.”

Putin called for an international anti-terrorist coalition to fight its scourge, cooperatively with Syrian armed forces, boots on the ground directly engaging ISIS and other takfiri terrorists.

Accusing Moscow of using ground troops in Syria repeats the Big Lie about nonexistent “Russian aggression” in Ukraine.

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America and Occupied Palestine: Free-Fire Zones

October 21st, 2015

by Stephen Lendman

Cops in America are killing people at a record London Guardian pace, according to a http://www.theguardian.com/us-news/2015/jul/01/us-police-killings-this-year-black-americansinvestigation - revealing three fatalities from police violence on average daily, a rate if maintained to reach 1,100 by yearend.

US city streets are battlegrounds. African Americans suffer most proportionately compared to whites and Latinos, despite comprising only 13% of the population, an indictment of a racist rogue state, murdering its most vulnerable, helpless against killer cops.

Rarely ever is one held accountable for cold-blooded murder. A badge is a license to kill with impunity.

The Guardian said of the 547 Americans killed by cops this year through June, 478 died from gun-inflicted wounds, 13 from Taser shocks, 16 struck by police vehicles and 19 while in police custody, including Freddie Gray. Baltimore police severed 80% of his spine from his neck, according to an autopsy report.

So-called “justifiable homicides” are nearly always cold blooded murders. Federal, state and local authorities do nothing to stop it.

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Hate-Mongering Israeli Rabbis Call Killing Palestinians “a Religious Duty”

October 21st, 2015

by Stephen Lendman

Zionist zealot rabbi Meir Kahane’s pure evil lives, founder of the Arab-hating Jewish Defense League (JDL). Israel banned it in 1988, calling it a “threat to national security.”

Even the Islamophobic Anti-Defamation League (ADL) said its membership includes only “thugs and hooligans” - dedicated to hate-mongering and violence against Palestinians. Its poisonous ideology persists in Israel. Radicalized rabbis preach it. Nothing is done to stop them. Hate-mongering rabbis responded to questions including: “Am I allowed to kick the insurgent, hit him or shoot him in order to kill him after he has been arrested or is this prohibited?”

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Obama Rejects Cooperation with Putin on Syria

October 21st, 2015

by Stephen Lendman

Washington so-called war on ISIS is a complete fabrication. Russia’s is the real thing. Its effectiveness is why Obama won’t cooperate with Putin - even though both leaders claim they share the same goal.

In over a year of daily Syria bombing, America’s vaunted military destroyed zero ISIS targets, nor those of other terrorist groups.

On Friday, Russia’s General Staff said its warplanes destroyed 456 ISIS targets since September 30, striking them with pinpoint accuracy. Its Main Operations Directorate chief Colonel-General Andrei Kartapolov said:

“Most armed formations are demoralized. There is growing discontent with field commanders, and there is evidence of disobedience. Desertion is becoming widespread.”

Intelligence shows about 100 terrorists enter Turkey from Syria daily. They’re leaving front line positions through refugee routes, fleeing for their lives.

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AIPAC’s War on Palestine

October 21st, 2015

by Stephen Lendman

AIPAC is an unregistered foreign agent operating illegally. Just societies would shut it down, holding its officials fully accountable for lawbreaking.

Its agenda is pure evil, supporting Israel’s killing machine, a hate-mongering fascist rogue state, vilifying Palestinians as “terrorists,” blaming them for its own high crimes.

Washington backs what demands condemnation. One tyrannical regime supports another, a real axis of evil along with other rogue state partners. AIPAC calls heroic Palestinian self-defense against unrestrained Israeli brutality “incitement fueling terrorism.” Premeditated Israeli provocations responsible for ongoing violence is all their fault.

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