Editor in Chief: Michael Collins
Editorial Team
nymole, Raja, Numerian, Lex, Actor212, Graham, steeleweed
Contributing Authors
Brian Downing, Jillian, Cliff Schecter, Nat Wilson Turner, Don Henry Ford, Jr., Jack Cluth,
Rook
By: pcr3 Paul Craig Roberts May 13, 2013 | Paul Craig Roberts
There are many signs of gangster state America. One is the collusion between federal authorities and banksters in a criminal conspiracy to rig the markets for gold and silver.
My explanation that the sudden appearance of an unprecedented 400 ton short sale [...]
Reckless trading in derivatives in 2012 and recent allegations of deliberate distortion of testimony to federal regulators are two reasons that the powerful Chairman and Chief Executive Officer of JPMorgan is under intense fire prior to the company annual meeting in two weeks. (Image)
Jamie Dimon was the magician who turned a sow’s ear into [...]
That’s what Blythe Masters of JPMorgan does based on evidence from the Federal Energy Regulatory Commission (FERC) and JPMorgan’s recent history. (Image: UCS)
Coal power is the leading source carbon dioxide (CO2) in the atmosphere. CO2 is the leading cause of climate change. Once airborne, the man made filth sticks around for 2 to 20 [...]
By Paul Craig Roberts
Dave Kranzler of Golden Returns declares the April payroll jobs report that was released on May 3 by the Bureau of Labor Statistics to be “fictitious.” [1]
Statistician John Williams (shadowstats.com) says both the jobs report and unemployment rate are “nonsense.”
I agree with both. But don’t expect the financial [...]
By Paul Craig Roberts April 28, 2013 | Original here Reposted with permission
“From the end of the recession in 2009 through 2011 (the last year for which Census Bureau wealth data are available), the 8 million households in the U.S. with a net worth above $836,033 saw their aggregate wealth rise by an estimated [...]
So, it was the best of times last week as I took a week’s break from the news and the grind of ordinary life and went on a tropical vacation to central America. Specifically, I went to the Honduran Bay Island of Roatan. And I couldn’t help but take a critical eye to my surroundings.
[...]
“PARIS — A French court has ordered Christine Lagarde, the managing director of the International Monetary Fund, to appear at a hearing next month connected to an investigation of her handling of a financial scandal when she was the French finance minister.” New York Times, April 18, 2013
Before Lagarde was chosen to [...]
Cyprus just got more bad news.
Crisis-hit Cyprus will be forced to find an extra €6bn (£5.1bn) to contribute to its own bailout under leaked updated plans for the rescue.
In total, the bill for the bailout has risen to €23bn, from an original estimate of €17bn, less than a month after the deal was [...]
This is good news. Keep in mind that the real rate of unemployment in these areas is the Fed U-6 level plus the long-term unemployed who want to work and have been out of work for 12 months or more (no longer counted by the Feds). See Shadow Government Statistics
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Metropolitan Area [...]
If China fails to take short term corrective action to address toxic levels of air pollution in its major cities, millions of Chinese people will die over the coming years. If China takes effective short term corrective action to address airborne toxins, global warming will accelerate causing threats to the lives and livelihoods of hundreds [...]
(Updated 4/2) Numerian told us to Pay Attention when the EU and IMF came up with a plan to bail out Cyprus banks (Greek Cyprus) by confiscating deposits. He was right on target, early but just in time. Far from just the announced confiscation of 6% to 9%, it now looks like the dynamics of [...]
Pepe Escobar’s column yesterday (3/26) complimented the excellent class analysis piece by Stirling Newberry in The Agonist. Escobar pointed out the irony of United States and European nations acting like the great white father to the BRICS nations (Brazil, Russia, India, China, and South Africa). He cited figures from the United Nations Human Development Report, [...]
By Andrew Kreig Justice + Integrity Project
Two prominent economists on the left and right have described the nation’s economic planning as so misguided as to be deeply corrupt.
Former Secretary of Labor Robert Reich, left, an appointee under the Democratic President Bill Clinton, published a column describing the nation’s path as shaped by [...]
Andrew Kreig Justice Integrity Project
February 17, 2013
My morning newspaper Feb. 17 provided several depressing reports. I learned more about the spread of horsemeat in Europe’s human food supply. Subscribers read also about austerity measures in the United States that hurt the young, old, and those in between.
The downward developments are worth noting, [...]
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