MSM: AP Study Finds $1.6B Went to Bailed-Out Bank Execs

Banks that are getting taxpayer bailouts awarded their top executives nearly $1.6 billion in salaries, bonuses, and other benefits last year, an Associated Press analysis reveals.

The rewards came even at banks where poor results last year foretold the economic crisis that sent them to Washington for a government rescue. Some trimmed their executive compensation due to lagging bank performance, but still forked over multimillion-dollar executive pay packages.

Benefits included cash bonuses, stock options, personal use of company jets and chauffeurs, home security, country club memberships and professional money management, the AP review of federal securities documents found.

The political issues posed by the mass protests in Greece

The World Socialist Web Site solidarizes itself fully with the tens of thousands of students, young people and workers who have taken to the streets of Greek cities in protests, strikes and pitched battles with armed riot police. This mass social struggle, unleashed by the police murder nearly two weeks ago of 15-year-old Alexis Grigoropoulos, is a harbinger of revolutionary upheavals to come, not only in Greece but throughout Europe and around the world.

Underlying its sustained and militant character is the response of millions of working people and youth who are seeing their conditions of life destroyed and their futures stolen by the unfolding of the deepest global capitalist crisis since the Great Depression of the 1930s.

MSM: General George S. Patton was assassinated to silence his criticism of allied war leaders claims new book

George S. Patton, America’s greatest combat general of the Second World War, was assassinated after the conflict with the connivance of US leaders, according to a new book.

‘We’ve got a terrible situation with this great patriot, he’s out of control and we must save him from himself’. The OSS head General did not trust Patton

The newly unearthed diaries of a colourful assassin for the wartime Office of Strategic Services (OSS), the forerunner of the CIA, reveal that American spy chiefs wanted Patton dead because he was threatening to expose allied collusion with the Russians that cost American lives.

Dollar plunges after record rate cut by US Federal Reserve

In the two days since the Federal Reserve Board cut its benchmark interest rate to a record low range of 0 to 0.25 percent and announced that it will supply an unlimited amount of liquidity to near-frozen credit markets, the US dollar has fallen sharply on world currency markets. The panic sell-off of dollars is an expression of falling confidence in the solvency of US financial institutions and the credit-worthiness of the American currency, and mounting fears that the recession that began with the collapse of the US housing and credit markets could develop into a full-blown depression.

Karl Rove’s/GOP’s IT Guru Dies in Plane Crash

A top level Republican IT consultant who was set to testify in a case alleging GOP election tampering in Ohio died in a plane crash late Friday night.