March, 2010

I turn on the television and look at the talking heads telling us what to think, what to wear, what to believe and what to say and I see the pedicures, manicures, 200 dollar hair cuts, 1,000 dollar suits, protected by body guards all the while trying to convince us they are like we are and I just want to choke the living shit out of the likes of Sean Hannity, Bill O'rielly, Glen Beck, Rush Limbaugh on and on to what must be infinity and it really pisses me off, but I don't know ... I must be weird.  Read more »

The Obama administration has announced changes to its signature foreclosure prevention program, Making Home affordable. The initial foreclosure relief program unveiled a year ago was supposed to help up to four million struggling homeowners.

So far fewer than 200,000 borrowers have been granted permanent loan modifications. Meanwhile, a record 2.8 million properties with mortgages received foreclosure notices last year, this according to RealtyTrac.  Read more »

Unprecedented relationships are beginning to form in the global bond markets. For as long as anyone can remember, the US government has enjoyed the lowest cost of borrowing whatever the maturity of the bond, because the US has been deemed the safest credit anywhere in the world.

The prospect of default of the United States has been considered so low that academics describe the US Treasury bond as the risk-free bond., from which all other credit instruments are priced.  Read more »

There was a time when the pen was mightier than the sword. That was a time when people believed in truth and regarded truth as an independent power and not as an auxiliary for government, class, race, ideological, personal, or financial interest.

Today Americans are ruled by propaganda. Americans have little regard for truth, little access to it, and little ability to recognize it.  Read more »

Official transcript of remarks by President Barack Obama after the March 21 vote in the House of Representatives on H.R.3590: Motion to Concur in Senate Amendments to Patient Protection and Affordable Care Act:  Read more »

Ideologically it believes governments must provide for the greatest good for the greatest number of people. It opposes concentrated wealth, demagogy, and despotism, and supports democracy, human and civil rights, and social justice - an ideology the 19th century People's Party and 20th century Progressive Party endorsed without majorities.

Until recently, faint echoes remained, sadly silenced after Senator Bernie Sanders and sole House populist capitulated.  Read more »

Television Slyly Promotes War And False Paradigms.

The Twentieth Century Fox Corporation is not unique in spreading propaganda, but they are rare in admitting it. Rupert Murdoch, himself in 2003, admitted that his Fox company helped to sell George W. Bush's Iraqi-Afghani wars to the American public.  Read more »

Al Gore and his pals in the science establishment want us to totally change our lives because of a theory that might not even be true. Have the sacred cows of global warming been gored beyond repair?

It was good to be Al Gore in the last part of the last decade. In the year 2000 he was the world’s biggest loser. By 2009 he was one of the world’s biggest winners after becoming the master of disaster.  Read more »

The spark of Freedom is igniting within the hearts and minds of the people in America, as well as globally, and we all have the moral obligation to fan the flames. The time for taking our freedom for granted has passed.

It is now time to stand for freedom individually and collectively, and make the sacrifices necessary in order to reclaim it. But it is easier than most of us know.  Read more »

Hundreds of powerful US "bunker-buster" bombs are being shipped from California to the British island of Diego Garcia in the Indian Ocean in preparation for a possible attack on Iran.

The Sunday Herald can reveal that the US government signed a contract in January to transport 10 ammunition containers to the island. According to a cargo manifest from the US navy, this included 387 "Blu" bombs used for blasting hardened or underground structures.  Read more »

Politicians are the only people in the world who create problems and then campaign against them.

Have you ever wondered, if both the Democrats and the Republicans are against deficits, WHY do we have deficits?  Read more »

The financial industry brought the economy to its knees, but how did they get away with it? With the nation wondering how to hold the bankers accountable, Bill Moyers sits down with Bill Black, the former senior regulator who cracked down on banks during the savings and loan crisis of the 1980s.

Black offers his analysis of what went wrong and his critique of the bailout. This show aired April 3, 2009. Bill Moyers Journal airs Fridays at 9 p.m. on PBS.

For more: http://www.pbs.org/billmoyers

82% of the American public wants tougher regulation of Wall Street.
Most top independent financial experts say that we need to break up the big banks and otherwise rein in the financial giants in order to save the economy.  Read more »

Matt Taibbi on how Goldman Sachs has engineered every major market manipulation since the Great Depression.

The first thing you need to know about Goldman Sachs is that it's everywhere. The world's most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.  Read more »

There are five reasons that the mainstream media is worthless. (Note: McClatchy and several other large news sources are exceptions which have reported well on the Iraq and Afghanistan wars.)  Read more »

Joseph Stiglitz - former head economist at the International Monetary Fund (IMF) and a nobel-prize winner - said yesterday that the very structure of the Federal Reserve system is so fraught with conflicts that it is "corrupt" and undermines democracy.  Read more »