(TheExcavator) – The solution to the Greek crisis, and the global debt crisis, is simple according to investigative reporter Greg Palast. In his 2001 article called “The Globalizer Who Came In From the Cold,” Palast suggests that we should “remove the bloodsuckers,” who are the global financial wizards that work at the IMF, WTO and the World Bank and practice the art of dark finance. Palast details the step-by-step plan of how these transnational economic parasites bring entire nations to ruin, which he learned after he gained a hold of some precious World Bank documents that laid out the banksters’ game-plan of how to harness the financial will of sovereign nations and use it against them. Palast also talked with Joseph Stiglitz, the former Chief Economist of the World Bank and a Nobel prize winner, for the piece. Continue reading
(Yahoo) – A new bill that would permit the State Department to strip Americans of their citizenship if they support terror networks has drawn a cool reaction from the White House, even as Secretary of State Hillary Clinton appeared to embrace the measure.
“I have not heard anybody inside the administration that’s been supportive of that idea,” White House Press Secretary Robert Gibbs told reporters Thursday.
But Secretary of State Hillary Clinton said the administration would take “a hard look” at the measure, the New York Times reported. “United States citizenship is a privilege,” she told the Times. “It is not a right. People who are serving foreign powers — or in this case, foreign terrorists — are clearly in violation, in my personal opinion, of that oath which they swore when they became citizens.”
The proposed Terrorist Expatriation Act, introduced by Senate Homeland Security Committee Chairman Joe Lieberman (I-Conn.) and Sen. Scott Brown (R-Mass.), seeks to update a federal statue that outlines seven infractions that can result in Americans losing their citizenship. The measure would add to the list “actively engaging in hostilities against the United States or its allies” and “providing material support or resources” to a federally designated terrorist organization. Read entire article
(NYTimes) – The chairman of the Federal Communications Commission outlined a plan on Thursday that would allow the agency to control the transmission component of high-speed Internet, but not rates or content.
In announcing the F.C.C. decision, Julius Genachowski, the commission’s chairman, said the agency would begin a process to reclassify broadband transmission service as a telecommunications service, subjecting the Internet to some of the same oversight as telephone services.
But, he said, the commission would also exempt broadband service from many of the rules affecting telephone service, seeking mainly to guarantee that Internet service providers could not discriminate against certain applications, Internet sites or users. Read entire article
(Forbes) – Technical building experts & firefighters demand investigation of NIST for illegal cover-up of forensic evidence
Controlled demolition contractor provides key testimony citing explosives Read More Here
(ContraCostaTimes) – 9/11 conspiracy theorists come to San Leandro
On Saturday, two of the most prominent Sept. 11 conspiracy theorists — Bay Area architect Richard Gage and Seattle firefighter Erik Lawyer — will be at the Bal Theatre to present what they think are holes in the official version of the events on that terrible day. Read More Here
LIVE TONIGHT!! 4:30EST – Firefighters, Architects & Engineers Expose 9/11 – USTREAM VIDEO – USTREAM Live Link Here
(DailyMail) – The U.S. should prepare for a cyber attack that could cause destruction on the scale of 9/11 in less than 15 minutes, a leading anti-terrorism expert has warned.
Richard Clarke, a former adviser to both Bill Clinton and George W. Bush, suggests that the lack of security in place against such an attack could lead to an ‘electronic Pearl Harbor’. Continue reading
A BP insider, providing information to OpEdNEws.com, reports that scientists and engineers, fearing the worst, have envisioned a worst case scenario,
“It could very well be that the entire Gulf and the East coast of Florida could become dead zones, with no aquatic life at all.” Read More Here
(PressTV) – BP dome fails to stop oil leak
British Petroleum (BP) has failed in its first attempt to contain oil leaking into the Gulf of Mexico with a metal box as crystallized gas fills the structure. Read More Here
(McClatchyDC) – Video: Since spill, feds have given 27 waivers to oil companies in gulf
Since the Deepwater Horizon oil drilling rig exploded on April 20, the Obama administration has granted oil and gas companies at least 27 exemptions from doing in-depth environmental studies of oil exploration and production in the Gulf of Mexico. Video Link Here
Video: Southern Boys Show US Government How to Clean Up Oil With Hay! – Video Link Here
(MediaConsortium) – Weekly Mulch: Slick of Oil Industry Cash Gummed up Regulatory Works
The Deepwater Horizon oil spill in the Gulf of Mexico is worse than anyone thought, and the crisis will likely go on for months. British Petroleum (BP) is tripping over itself to say it’ll cover the costs of the clean-up, yet before the spill, the company spent its time and money pushing back against government regulation and safety measures. Read More Here
(Spiegel) – Expert Recommends Killing Oil-Soaked Birds
A German biologist says that efforts to clean oil-drenched birds in the Gulf of Mexico are in vain. For the birds’ sake, it would be faster and less painful if animal-rescue workers put them under, she says. Studies and other experts back her up.
“Kill, don’t clean,” is the recommendation of a German animal biologist, who this week said that massive efforts to clean oil-soaked birds in Gulf of Mexico won’t do much to stop a near certain and painful death for the creatures Read More Here
(Guardian) – Chevron wins access to film-maker’s Amazon pollution footage
Crude, released last year, focuses on the 17-year legal battle between Chevron and 30,000 Ecuadorians who say their land, rivers, wells, livestock and own bodies were poisoned by decades of reckless oil drilling in the rainforest. Read More Here
(AP) – Oil spill may endanger human health, officials say
With a huge and unpredictable oil slick drifting in the Gulf of Mexico, state and federal authorities are preparing to deal with a variety of hazards to human health if and when the full brunt of the toxic mess washes ashore. Read More Here
(GreenPeace) – BP working hard to keep the damage hidden – Read More Here
(Reuters) – UPDATE 2-U.N. on target for Iran sanctions by mid-June-sources
A new round of U.N. sanctions against Iran will be ready by mid-June, European diplomatic sources said on Friday, but it remained uncertain how soon a draft proposal will be put to the Security Council. Read More Here
(BusinessWeek) – KBR to Get No-Bid Army Work as U.S. Alleges Kickbacks
The Army announced its decision yesterday only hours after the Justice Department said it will pursue a lawsuit accusing the Houston-based company of taking kickbacks from two subcontractors on Iraq-related work. The Army also awarded the work to KBR over objections from members of Congress, who have pushed the Pentagon to seek bids for further logistics contracts. Read More Here
(AlterNet) – Look Out, Obama Seems to Be Planning for a Lot More War
Judging by the Barack Obama administration’s reports, pronouncements and actions in recent months point to even greater war-making across the planet. Read More Here
(Haaretz) – Report: IAEA to discuss Israel’s nuclear activities for first time
Israel’s secretive nuclear activities may undergo unprecedented scrutiny next month, with a key meeting of the International Atomic Energy Agency tentatively set to focus on the topic for the first time, according to documents shared Friday with The Associated Press. Read More Here
(CounterPunch) – The Downward Slope of Empire – Talking With Chalmers Johnson
Chalmers Johnson, president of the Japan Policy Research Institute, is the author of the bestselling Blowback and The Sorrows of Empire. He appeared in the 2005 prizewinning documentary film Why We Fight. Read More Here
(LewRockwell) – What I Learned in Afghanistan – About the United States – Read More Here
(RawStory) – ‘Severe consequences’ for Pakistan over terror plots:US
Pakistan faces “very severe consequences” if a terror plot like the failed Times Square bombing was traced to that country, US Secretary of State Hillary Clinton said in remarks made public on Saturday. Read More Here
(IslamMemo) – Israel threatens to bomb Auxiliary ships Gaza – Read More Here
(GlobalResearch) – Vice President Biden: Iran is a Threat to Global Security
The following is an excerpt from Vice President Jo Biden’s address to the European parliament, which calls for the deployment of “the phased, adaptive missile defense program to deter and defend against missile attacks on this continent — on this continent.” Biden points to Iran as the enemy of the Western World. He also underscores the American-European alliance and the need for integration in military and civilian affairs: Read More Here
(AntiWar) – Pentagon: More Money for Weapons, Less for Troops
A decade of massive annual increases in military spending have given the Pentagon record budgets, but officials are warning that, as financial problems make more hikes unlikely, the pay raises and benefits packages Congress has given to troops are “unsustainable.” Read More Here
(PressTV) – Israel defiant on its ‘nuclear arsenal’
A senior Israeli official insists that Tel Aviv will not change its nuclear policies despite international calls for the denuclearization of the Middle East.
Under an “ambiguity” policy, Tel Aviv neither confirms nor denies having nuclear weapons. However, according to the British Jane’s Defense Weekly, security experts believe Tel Aviv is in the possession of 100 to 300 atomic warheads. Read More Here
(PressTV) – Russia says Iran attack ‘disastrous’
Russian Foreign Minister Sergei Lavrov has highlighted the “necessity” of political discourse with Iran in ending an impasse over its civilian nuclear program. Read More Here
(PressTV) – US mulls force expansion in Pakistan
The US is looking to expand its military presence in Pakistan in the wake of the unsuccessful Times Square bombing that allegedly involved a Pakistani American. Read More Here
(PressTV) – In NY, Ahmadinejad meets with rabbis
The Iranian president praised the Jewish leaders who had shown the dark side of Zionism to the world by distancing themselves from pro-Zionist policies. Read More Here
(CampaignForLiberty) – Is Sovereign Debt Crisis Contained to Subprime? – Peter Schiff
As Americans observe the chaos in Greece, most assume that the strength of our currency, the credit worthiness of our government, and the vast expanse of two oceans, will prevent a similar scene from playing out in our streets. I believe these protections to be illusory. Read More Here
(IsraelFinancialExpert) – The Euro Crisis and the Euro Collapse- A run on the banks is Imminent – Read More Here
(BullionBullsCanada) – The Silver Price Spiral, Part III: tomorrow
In Part I of this series, I introduced readers to the idea that the price of silver could soar to levels which would even surprise most silver-bulls. In Part II of this series, I pointed out that when our “paper inventories” of silver are exposed that this, alone, sets up the silver market for an enormous price-shock. In Part III of this series, I will discuss how silver has perhaps the most-bullish demand fundamentals of any commodity in history Read More Here
(AZFamily) – Video: Hundreds seek to fill vacant positions at Pro’s Ranch Market
Job hunters turned out in the hundreds to fill recently-vacant positions at Pro’s Ranch Market stores, where a federal audit led to the firing of some 300 workers. View Video Here
(CityWire) – Would You Put Up With What is Being Asked of the Greek People?
Want to know exactly why public anger in Greece is running at such explosive levels? Then take a look at the austerity measures currently being debated by the Greek parliament. Read More Here
(Slate) – Shadow Banking: Keeping the Fed Honest – Eliot Spitzer
Why is the Federal Reserve so afraid of openness and accountability? – Read More Here
(GlobalResearch) – Financial Manipulation and Inside Information: Did the Stock Market Drop Or Was It Pushed? – Danny Schechter
The Wall Street Journal headline on the day after we almost lost the market reported that the wise men on the Street were “baffled” by the big drop Thursday. The Financial Times called the event “Shambolic” as if only a shaman can decode it. Read More Here
(BusinessInsider) – Wealth And Inequality In America: The Rich are getting Richer and the Poor are getting Poorer – Gus Lubin – Read More Here
(FinancialTimes) – Plunge in US equities remains a mystery
The day after $1,000bn was briefly wiped off the market value of US equities, traders were still trying to work out what caused share prices to plunge and then rebound so dramatically in a matter of minutes. Read More Here
(ComingDepression) – Unmentioned: USA slaps more tariffs on China
“The U.S. Department of Commerce said yesterday that it has set preliminary anti-dumping duties on refined Chinese and Mexican copper pipe worth hundreds of millions of U.S. dollars.”
Unless we wake up in the West to what has happened with China monopolizing the world manufacturing sector and supplying easy credit to keep buying their products, we’ll end up like Greece too. China is acting on emotion to sustain its country because if the people there are jobless, we stop buying their stuff – they will collapse into civil strife. Read More Here
(Spiegel) – Huge National Debts Could Push Euro Zone into Bankruptcy
Greece is only the beginning. The world’s leading economies have long lived beyond their means, and the financial crisis caused government debt to swell dramatically. Now the bill is coming due, but not all countries will be able to pay it. Read More Here
(HuffingtonPost) – Stock Market Collapse: More Goldman Market Rigging? – Ellen Brown
Goldman and Wall Street reign. Congress appears helpless to discipline the big banks, just as the European Central Bank appears helpless to prevent the collapse of the European Union. . . . Or are they? Read More Here
(Current) – Thomas Jefferson – Banks more Dangerous than Armies
Banking institutions, paper money, and paper speculation are capable of undermining the nation’s stability and could be a danger in time of war. The Constitution does not empower the Congress to establish a National Bank. Rather than trust the nation’s currency to private hands, the circulating medium should be restored to the nation itself to whom it belongs. Read More Here
(TheAtlantic) – Revised Senate Fed Audit Amendment Lacks Bite
Perhaps no other force had as much to do with stabilizing the financial system during the crisis as the Federal Reserve. And no other influence is shrouded in so much mystery. Although its tactics were hugely successful, the Fed has become incredibly controversial due to its secrecy. It has some politicians on both sides of the aisle calling for an audit to enhance transparency. But the Senate amendment — sponsored by Sen. Bernard Sanders (I-VT) — changed significantly on Thursday and lost much of its bite. Read More Here
(AP) – FDIC shuts banks in Fla., Minn., Ariz., Calif.
Regulators on Friday shut down banks in Florida, Minnesota, Arizona and California, bringing the number of U.S. bank failures to 68 this year. Read More Here
(TheComingDepression) – Mortgage fraud in Canada highlights tumbling market
“The Bank of Montreal has been hit by a huge mortgage fraud in Alberta that may cost it $30 million, a report said. The bank is suing hundreds of people in connection with the scam, including lawyers, mortgage brokers and four of its employees, CBC News said, citing legal documents.”
The case may be the largest mortgage fraud in Canadian history, generating about $140 million, with funds channeled as far as Lebanon, India – Read More Here
Video: Rep. Alan Grayson: You Own the Red Roof Inn, Thanks to the Fed
Rep. Alan Grayson discussed the Federal Reserve’s purchase of debt from Bear Stearns, including debt from recently foreclosed Red Roof Inn’s.
(CNN) – Sens. John Kerry and Joe Lieberman announced Friday that they will unveil long-planned climate change legislation Wednesday, but they’ll move forward without support from a key Republican they’ve worked with for months.
Sen. Lindsey Graham, R-South Carolina, indicated that he’s not on board with Kerry and Lieberman’s bill. Graham said he believes that the legislation, which includes an expansion of offshore drilling, won’t garner enough votes because of the oil spill in the Gulf of Mexico.
“When it comes to getting 60 votes for legislation that includes additional oil and gas drilling with revenue sharing, the climb has gotten steeper because of the oil spill,” the GOP senator said in a news release.
“I believe there could be more than 60 votes for this bipartisan concept in the future,” Graham added. “But there are not nearly 60 votes today and I do not see them materializing until we deal with the uncertainty of the immigration debate and the consequences of the oil spill.” Full article here
Part 1 of 8 – “The merger of state and corporate powers is called fascism” – Continue reading
(PressTV) – A leading European parliamentarian has accused France and Germany of forcing Greece to buy billions of euros in arms in exchange for their bailout money.
France and Germany, while publicly urging Greece to make harsh public spending cuts, bullied its government to confirm billions of euros in arms deals, Franco-German lawmaker Daniel Cohn-Bendit alleged on Friday. Continue reading
(Fox) – May 7 2010 – Continue reading
(CNN) – May 07, 2010 Continue reading