Is WikiLeaks More Than Just a High-Tech Brown Envelope? Yes

(Gigaom) – WikiLeaks, the crusading anti-secrecy organization that just published 90,000 pages of secret government documents about the war in Afghanistan, has gotten a lot of attention for its campaign to become the world’s repository of whistle-blowing and embargo-busting information, and leader Julian Assange has become the star of the political talk show circuit. But the most interesting thing about WikiLeaks and the release of the secret Afghan documents isn’t the details of the U.S. campaign — it’s what the incident says about the evolution of a truly distributed and dis-aggregated new media ecosystem. Continue reading

Economy

(GlobalResearch) – Latin America’s New Middle Class Rulers: Stabilization, Growth and Inequality – Prof James Petras – Read More Here

(WebOfDebt) – Taking Back the Money Power: How Hidden Pools of Government Money Could Help Save the Economy – Ellen Brown

For over a decade, accountant Walter Burien has been trying to rouse the public over what he contends is a massive conspiracy and cover-up, involving trillions of dollars squirreled away in funds maintained at every level of government. His numbers may be disputed, but these funds definitely exist, as evidenced by the Comprehensive Annual Financial Reports (CAFRs) required of every government agency. If they don’t represent a concerted government conspiracy, what are they for? And how can they be harnessed more efficiently to help allay the financial crises of state and local governments? Read More Here

(Fox5Vegas) – Las Vegas Unemployment Rate At 14.2 Percent – 193,000 Out Of Work Statewide – Read More Here

(DailyKos) – A perfect storm for unemployment in June

While there is plenty of talk about the economic recovery, there is barely a whisper about what is just a few weeks ahead. It’s not any one thing. It’s a combination of three (and possibly four) different events that will deliver devastating body-blows to the economy. Read More Here

(InfoClearingHouse) – Great Depression 2.0. Bet on it – Mike Whitney

Deficits create demand. Demand generates spending. Spending generates economic activity. Economic activity generates growth. Growth generates jobs, increases government revenues, reduces deficits and ends recessions.

Simple, right? Read More Here

(Telegraph) – Whatever Germany does, the euro as we know it is dead

“Money can’t buy you friends, but it does get you a better class of enemy” – Spike Milligan
For Angela Merkel, leader of the eurozone’s richest country, a queue is forming of high-quality adversaries. As she tips German Geld und Gut into the furnace of a rescue package for the euro, while going it alone in a misguided ban on market “manipulators”, the brass-neck Chancellor has infuriated domestic voters, angered her EU partners (in particular the French) and invited the so-called wolf pack of global traders to do its worst. Read More Here

(TheFluCase) – Germany’s Parliament Votes to Give 66% of Country’s Annual Income Tax Revenue to Banks

Germany’s parliament today passed a bill that will mean that about 66 per cent of the country’s income tax revenue each year will go to banks in the form of interest payments on souvereign dent bonds held by Greece, Portugal and other eurozone nations. Read More Here

(OftWoMinds) – “Two Scoop Special”: Double-Dip Recession Guaranteed

Whether you believe the U.S. economy ever exited recession or not, a further decline is already baked in by numerous macro factors. Read More Here

(May 21) – Video: Bob Chapman’s Friday 5/21/2010 Economic Report on Alex JonesTv

Bob Chapman, publisher of the International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide. – Part 1Part 2Part 3Part 4Part 5

(May 20) – Video: Author Ellen Brown Details How to Have A State Own Bank Like N. Dakota on Alex Jones Tv

Alex also welcomes to the show attorney and author Ellen Brown. Her latest book, Web of Debt, documents the Federal Reserve and “the money trust” and shows how this private cartel has usurped power to create money from the people themselves and how we the people can get it back. Brown is the author of several other books, including Forbidden Medicine, Nature’s Pharmacy for Children: Drug Free Alternatives for More Than 160 Childhood Ailments. Continue reading

Loss of American Citizenship and Assassinations – David McKalip, M.D.

“I desire what is good. Therefore, everyone who does not agree with me is a traitor.” King George III .

“That it is better 100 guilty Persons should escape than that one innocent Person should suffer, is a Maxim that has been long and generally approved.” Benjamin Franklin, letter to Benjamin Vaughan, March 14, 1785

“As many of you know, it has been reported that President Obama has signed an order authorizing the assassination of [American Citizen] al-Awlaki… ..no one argues that a President doesn’t have the right to issue such an order. Senator Joe Lieberman, 5/6/10.

(CampaignForLiberty) – Imagine you are sitting home on a quiet Sunday afternoon in conversation with your beloved spouse. Suddenly your husband slumps over, blood draining from his head as a sniper’s bullet shatters your living room window. Your husband has just been assassinated by a government agent and it is later discovered — after ten years of painful inquiries carried out under the threat of your own assassination — that your husband was targeted as an enemy combatant and a terrorist. Continue reading

Joe Lieberman’s Fascist agenda to strip Americans of their Constitutional Rights

(Examiner) – Senator Joe Lieberman is sponsoring a Bill with Massachusetts Republican Scott Brown called the “Terrorist Expatriation Act” that would strip terrorist suspects on their citizenship. The bill applies to any American that supports a foreign terrorist organization or any organization that is deemed a supporter of terrorism by an ally of the United States. The bill gives the State Department the power to determine who is a terrorist and strip away their citizenship.

Lieberman introduced the Bill stating “The State Department will make an administrative determination… the State Department will now have the authority to revoke their citizenship… they will not enjoy the rights and privileges of American citizenship in the legal proceedings against them…. he could then be tried by military commission as the Unprivileged Enemy Belligerent that he is.” Continue reading

Video: David Icke on the 2010 British Elections

David Icke discusses the reasons behind policies of mass uncontrolled immigration in pursuit of ending the nation state, with particular focus on the 2010 British election and the Cameron-Clegg “coalition” which will only be used to advance both flanks of the new world order agenda via a one-party state. Continue reading

Britain’s Political Impasse in the Wake of the Elections: And the Winner is? The Media

(WilliamBowles) – I admit to being one of the many millions of people who didn’t watch any of the so-called Prime-Ministerial ‘debates’ that have swarmed over the television channels since the announcement of the date of the General Election on 6 May. Not that this meant that I escaped the media onslaught on what’s left of our political senses even if, after the first ‘debate’, viewing figures for ‘Debate No.2’ plummeted by over 50%.[1] If you’ve seen one, you’ve seen them all. Continue reading

MSM: Sec. State Clinton Supports Bill to Strip Americans of Citizenship

(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

US bill to link ‘terror’ to citizenship

(PressTV) – New bipartisan legislation introduced in US Congress says Americans involved in terrorist activities should be denied their right of citizenship.

If passed, the Terrorist Expatriation Act would strip any American that provides material support or resources to foreign terrorists from their citizenship. Continue reading

Economy

(AU) – Housing market will implode, warns Edward Chancellor

AUSTRALIA is in the midst of an unsustainable housing bubble that could burst at any time, warns the man who predicted the global credit bust of 2007. Read More Here

(DailyFinance) – FDIC Shuts Seven More Banks at a Cost of Over $7 Billion

The Federal Deposit Insurance Corporation closed seven more banks on Apr. 30, bringing the total to 64 for the year. The day was particularly expensive, costing the agency just over $7 billion. Read More Here

(Telegraph) – Radical tax on debt put to parties

Households should pay a new tax on every pound of debt they owe, according to one of Britain’s leading economists. Read More Here

(BusinessInsider) – Find Out How Much The Greek Bailout Is Costing YOU – Read More Here

(GlobalResearch) – The Criminalization of Wall Street: Will Any Exec at Goldman Sachs Go to Jail? – Danny Schechter

Will Goldman survive the assault? Will the threat of criminal charges being pursued against the world’s leading investment bank spill over onto others on Wall Street? Is the criminalization of the crisis underway, or is all this just a maneuver? Read More Here

(InfoClearingHouse) – The Subprime Conspiracy: Was There A Plan to Blow Up The Economy? – Mike Whitney

Many people now believe that the financial crisis was not an accident. They think that the Bush administration and the Fed knew what Wall Street was up to and provided their support. This isn’t as far fetched as it sounds. Read More Here

(Reuters) – Morgan Stanley fined $14 mln for hidden block oil trade

U.S. futures regulators fined Morgan Stanley (MS.N) $14 million for failing to report a big block oil trade and fined Moore Capital $25 million for attempting to manipulate palladium and platinum futures. Read More Here

(TheState) – Bartering up as economy down

Bartering, trading goods or services rather than charging cash, is an ancient practice. But it has gained popularity during the economic meltdown that left many short on cash but rich in talent or treasures. Read More Here

(BusinessInsider) – David Kotok: $12.5 Billion Is Just The Start Of The Oil Cleanup Costs, And A Double-Dip Is Now Way More Likely

David Kotok of Cumberland Advisors is out with some very gloomy comments about the economic ramifications of the Deepwater Horizon oil spill, and what it will cost. First he notes the ugliest case scenario:

This spew stoppage takes longer to reach a full closure; the subsequent cleanup may take a decade. The Gulf becomes a damaged sea for a generation. The oil slick leaks beyond the western Florida coast, enters the Gulfstream and reaches the eastern coast of the United States and beyond. Use your imagination for the rest of the damage. Monetary cost is now measured in the many hundreds of billions of dollars.

As for numbers: Read More Here

(WebOfDebt) – Hollywood and The Rigging of Financial Markets – Ellen Brown

Betting on the Gross Profits of Upcoming Movies Read More Here

(HuffingtonPost) – Video: Warren Buffett – Nothing ‘Unique’ About Goldman Sachs Deal Targeted By The SEC

In two interviews this morning, Warren Buffett reiterated his support for Goldman Sachs in the wake of the SEC’s civil fraud charges levied against the bank. Read More Here

Computerized Front Running: How A Computer Program Designed To Save The Free Market Turned Into A Monster – Ellen Brown

(WebOfDebt) – While the SEC is busy investigating Goldman Sachs, it might want to look into another Goldman-dominated fraud: computerized front running using high-frequency trading programs.
Market commentators are fond of talking about “free market capitalism,” but according to Wall Street commentator Max Keiser, it is no more. It has morphed into what his TV co-host Stacy Herbert calls “rigged market capitalism”: all markets today are subject to manipulation for private gain. Continue reading

World War

(Haaretz) – Medvedev: Israeli strike on Iran could cause a global catastrophe

An Israeli strike of Iran’s nuclear facilities could spark a nuclear conflict, which could spiral into a global catastrophe, Russian President Dmitry Medvedev told ABC on Monday, adding that he supported what he called “smart” sanctions on Tehran as part of attempt to make it abandon its nuclear program. Read More Here

(Haaretz) – Netanyahu: Iran wants to destroy Israel and the world remains silent

Prime Minister Benjamin Netanyahu and President Shimon Peres used the platform at yesterday’s Holocaust Remembrance Day memorial ceremony at Yad Vashem to urge countries around the world to work unwaveringly to stop Iran’s nuclear program. Read More Here

(InfoClearingHouse) – 1974 CIA Estimate Declared, “We Believe That Israel Already Has Produced Nuclear Weapons.”

Yesterday, Israeli Prime Minister Binyamin Netanyahu abruptly announced that he has decided not attend President Obama’s Nuclear Security Summit in Washington, sending Deputy Prime Minister Dan Meridor in his place.  The Washington Post reported this was due to concern over “Arab criticism of Israel’s undeclared nuclear arsenal.”  Attempting to be topical, I’m reposting this 1974 CIA document in which the Agency declared, “We believe that Israel already has produced nuclear weapons.” Read More Here

(AFP) – US slaps import duties on Chinese steel pipe

The United States has slapped trade sanctions on a billion dollars worth of Chinese pipes, the Commerce Department said Friday just days before Chinese President Hu Jintao visits Washington. Read More Here

(VOANews) – US Says Iranian Nuclear Announcement Shows Nefarious Intentions

The Iranian move came a day after world powers began negotiations on a new U.N. Security Council sanctions resolution against Tehran. Read More Here

(IsraelNationalNews) – Iranian Spy for CIA: ‘Weak West’ Will Cause War with Iran

The American-led “engagement” policies towards Iran is going to result in the very war it wants to prevent, according to an Iranian CIA spy. He says the only way to prevent a possible nuclear war with Iran is to attack the country now. Read More Here

(IsraelNationalNews) – Think Tank Speculates War Could Break Out with Syria

The increasingly open threats made by Syrian leaders and members of the Hizbullah terrorist group in Lebanon have led analyst David Schenker of the Jerusalem Center for Public Affairs (JCPA) think tank to warn that war may be on the horizon. In addition, he noted, a future war could include Syria and not only its proxy Hizbullah: in February, Syrian leaders said Syria would not “sit idly by” in case of another war with Israel. Read More Here

(AP) – Iran says new US policy a nuclear threat

Iran’s supreme leader said Sunday that President Barack Obama has “implicitly threatened” his country with nuclear weapons in a newly outlined U.S. policy and Tehran said it intends to file a formal complaint with the U.N. Read More Here

(GlobalResearch) – Is America ‘Yearning for Fascism’?

The language of violence always presages violence. I watched it in war after war from Latin America to the Balkans. The impoverishment of a working class and the snuffing out of hope and opportunity always produce angry mobs ready to kill and be killed. Read More Here

(RawStory) – ‘All bets are off’ if US under WMD attack: Clinton

Secretary of State Hillary Clinton said Sunday the United States could not rule out using nuclear weapons if it came under biological attack, saying in that case “all bets are off.” Read More Here

(DavidRothscum) – Evidence that Depleted Uranium is intended as a weapon of genocide

Now that the horrors of Depleted Uranium are being revealed to the world, we can expect for apologists to begin moving into the next phase of damage control within the coming months. It will likely be claimed that the depopulation of much of the Middle East was an unfortunate result of the DU that the Pentagon used because it was not aware of the health effects it would have. Read More Here

Video: Gordon Brown paid for Depleted Uranium Weapons – Video Link Here

Video: Keiser Report №29 – Markets! Finance! Scandal!

(RussiaToday) – This week Max Keiser and co-host Stacy Herbert look at the scandals of Brown’s Bottom, the worst economic judgment of all time and Bono’s private equity, “the worst investor in America.” Max chats to Brits in Trafalgar Square and also talks to Mark Schapiro, author of the Harper’s article, “Conning the Climate: Inside the Carbon Trading Shell Game”. Continue reading

Student Loans: The Government is Now Officially in the Banking Business – Ellen Brown

“We say in our platform that we believe that the right to coin money and issue money is a function of government. . . . Those who are opposed to this proposition tell us that the issue of paper money is a function of the bank and that the government ought to go out of the banking business. I stand with Jefferson . . . and tell them, as he did, that the issue of money is a function of the government and that the banks should go out of the governing business.” William Jennings Bryan, Democratic Convention, 1896

William Jennings Bryan would have been pleased. The government is now officially in the banking business. On March 30, 2010, President Obama signed the reconciliation “fix” to the health care reform bill passed by Congress last week. Slipped into it was student loan legislation the President calls “one of the most significant investments in higher education since the G.I. Bill.” Under the Student Aid and Fiscal Responsibility Act (SAFRA), the federal government will lend directly to students, ending billions of dollars in wasteful subsidies to firms providing student loans. The bill will save an estimated $68 billion over 11 years. Continue reading

MSM: Rule by fear or rule by law?

“The power of the Executive to cast a man into prison without formulating any charge known to the law, and particularly to deny him the judgment of his peers, is in the highest degree odious and is the foundation of all totalitarian government whether Nazi or Communist.” – Winston Churchill, Nov. 21, 1943
(SFGate) – Flashback – Since 9/11, and seemingly without the notice of most Americans, the federal government has assumed the authority to institute martial law, arrest a wide swath of dissidents (citizen and noncitizen alike), and detain people without legal or constitutional recourse in the event of “an emergency influx of immigrants in the U.S., or to support the rapid development of new programs.” Continue reading

Brown Peddles State Controlled Web Under Auspices of “Social Justice”

Our rulers are slick. They know we will not stand for an outright takeover of the internet, so they are cloaking the effort under a thin veneer of “social justice” and broadband for all.

Gordon Brown in Britain is leading the charge: Continue reading

Creating our Own Credit: The Growing Movement for Publicly-Owned Banks – Ellen Brown

(GlobalResearch) – As the states’ budget and credit crises deepen, four states have initiated bills for state-owned banks, and candidates in seven states have included that solution in their platforms. Continue reading

ObamaCare

(CNSNews) – GOP Rules Chief Wimps Out, Resigned to Letting Congress Pass Obamacare Without a Vote

Rep. David Dreier (R-Calif.), the ranking Republican on the House Rules Committee, indicated yesterday that he was resigned to letting congressional Democrats make the Senate health-care bill the law of the land without ever holding a vote on it in the House of Representatives by passing a rule governing debate on another bill, the budget reconciliation, that “deems” the health care bill as passed. Read More Here

(Fox) – Republicans Battle Pelosi Over Plan to Pass Health Bill Without Traditional Vote

Republicans and Democrats are locked in an unusual battle over how to vote on the health care reform package as House Republicans try to block Speaker Nancy Pelosi from using a legislative trick that would allow rank-and-file Democrats to vote for the health care bill without really voting for the health care bill. Read More Here

(WashingtonExaminer) – Pelosi: ‘Once we kick through this door,’ more reform will follow

If you have any doubt that the Democratic leadership of the House views passing the current health care reform bill as the beginning, not the end, of the process of creating a national government health care system, just note what Speaker Nancy Pelosi told a group of bloggers on Monday. “My biggest fight has been between those who wanted to do something incremental and those who wanted to do something comprehensive,” Pelosi said, according to an account by Washington Post reform advocate Ezra Klein. “We won that fight, and once we kick through this door, there’ll be more legislation to follow.” ReadMoreHere

(CampaignforLiberty) – Do the Healthcaremongers Hold Us in Contempt?

President Obama and Congress appear to be holding the American people in contempt. The Dictionary defines contempt as “Lack of respect or reverence for something; disdain; The state of mind of one who despises, the act of despising something.” That seems to be the state of mind of a majority in Congress and Obama: lack of respect, reverence and actually despising the American people. It is this contempt that should propel Americans to a second — but peaceful — American Revolution to replace elected officials at all levels with those who believe in limited government and individual liberty by January 2013.

Despite overwhelming evidence that the vast majority of Americans are rejecting the proposed government and corporate take over of health care, Congress and the President are demonstrating their abject contempt for the American people in their determination to ram this bill through Congress and have the President sign it into law.

They fail to respect several key demonstrated proofs of America’s disapproval. Scott Brown’s victory in Massachusetts — taking a seat held by liberal lion Kennedy in large part due to rejection of the health care agenda. They ignore consistent polls showing growing rejection of Congressional plans. Bills passed only by narrow, dark of night votes in Congress requiring back room deals, political threats, and shedding of key policies favored by liberals while completely ignoring reasonable compromises offered by Republicans. The only Republican component included is one that punishes doctors for spending “too much” on their patients — a hold over from the Bush years: Pay for Performance. Read More Here

Was He Threatened?

(Cleveland) – Rep. Dennis Kucinich to vote “yes” on health care

This time around — pressured by everyone from President Obama to Moveon.org — the Cleveland Democrat had no luxury to dawdle before taking a stance. He announced at a Capitol news conference this morning that he’ll vote “yes” on the bill’s latest draft. Read More Here

(Geott) – Breaking News: Kucinich says “YEA” to Health Care Reform

One of the most liberal members of Congress, Democrat Dennis Kucinich of Ohio, just dropped his opposition to the health care overhaul legislation being championed by his party and President Barack Obama. Read More Here

(HotAir) – Exclusive: Study shows ObamaCare will destroy as many as 700,000 jobs by 2019

During the ObamaCare summit three weeks ago, Nancy Pelosi declared that the bill would create four million jobs over the next ten years, with 400,000 new jobs created almost immediately. Pelosi relied on a study written by the left-wing advocacy group Center for American Progress for those figures, although the Bureau of Labor Statistics already predicts growth in the health-care industry of 3.2 million jobs without ObamaCare. Now, Americans for Tax Reform and the Beacon Hill Institute have conducted their own study using CAP’s methodology and determined that ObamaCare will destroy jobs, not create them. Hot Air has an exclusive first look at the BHI executive summary: Read More Here

(WashPost) – Obama’s illusions of cost-control

One job of presidents is to educate Americans about crucial national problems. On health care, Barack Obama has failed. Almost everything you think you know about health care is probably wrong or, at least, half wrong. Great simplicities and distortions have been peddled in the name of achieving “universal health coverage.” The miseducation has worsened as the debate approaches its climax. Read More Here

(AP) – FACT CHECK: Premiums would rise under Obama plan

Buyers, beware: President Barack Obama says his health care overhaul will lower premiums by double digits, but check the fine print. Read More Here

(CSPAN) – Video: Kucinich explains his vote for health reform – Video Link Here

(WPost) – House Democrats’ tactic for health-care bill is debated

An obscure parliamentary maneuver favored by House Speaker Nancy Pelosi (D-Calif.) suddenly ignited Tuesday as the latest tinder in the year-long partisan strife over reshaping the nation’s health-care system, triggering debate over the strategy’s legitimacy and political wisdom. Read More Here

(WashPost) – Kucinich Buckles, Will Support Obamacare

Rep. Dennis Kucinich (D-Ohio), often a proponent of very liberal, unlikely ideas such as the creation of a “Department of Peace” and the impeachment of then-Vice President Cheney, has found his pragmatic streak. Read More Here

Invisible Empire – All Conspiracy, No Theory

(PaulWatson) – Jason Bermas’ highly anticipated documentary Invisible Empire exposes the New World Order in their own words, by painstakingly showing how the elite have not only conspired to create a dictatorial global government in private, but have publicly stated their agenda hundreds of times in public. Continue reading

Video: Anthony Lawson Demolishes Gordon Brown Iraq ‘Evidence’

With Anthony Lawson around who needs the Chilcot Inquiry? The art of questioning performed here by Lawson is not presented at the Iraq Inquiry. In Britain 2010, war criminals are yet to be challenged. Continue reading

Economy

(Bloomberg) – House Approves $18 Billion Job Bill, Returns It to U.S. Senate

The U.S. House approved an $18 billion measure that aims to help create jobs by offering a temporary tax break to companies that hire people who have been out of work at least 60 days. Read More Here

(MaxWellLucas) – Greece – News Update

Clashes have broken out in front of the Greek parliament Friday, with one labour leader being injured, as demonstrators protested against cuts aimed at containing the country’s debt crisis. The president of the GSEE union, Giannis Panagopoulos was injured after demonstrators started attacking him with bottles and sticks, according to media reports. Riot police have used tear gas to disperse the protesters during the clashes. Read More Here

(DailyMail) – Gordon Brown ‘blunders cost every family £50,000’: PM to blame for ruining the economy, say Tories

The party says Mr Brown is personally responsible for a series of mistakes that have shattered the economy. Read More Here

(HuffingtonPost) – Senators to Obama: Stop Sending Clean Energy Jobs Abroad

Four Democratic Senators want to ensure that tax dollars are creating clean energy manufacturing jobs in America, not China. Now, they are under vigorous attack by the Obama Administration and multinational companies, many of whom have heavily subsidized operations in Europe and Asia. Read More Here

(LATimes) – Long lines at theme parks are for jobs

White-collar workers are among thousands flooding amusement parks with applications. Job fairs are superfluous. Read More Here

(LATimes) – America, the fragile empire

Here today, gone tomorrow — could the United States fall that fast? Read More Here

(Telegraph) – EU draws up plans for first direct tax with fuel levy

The European Union is drawing up plans for its first direct tax with a “green” levy on petrol, coal and natural gas that could cost British consumers up to £3 billion. Read More Here

(BusinessJournal) – Jobless rates rose in every state in ‘09

All 50 states were hit with increases of more than one percentage point in their unemployment rates last year, according to the U.S. Bureau of Labor Statistics. Read More Here

(SFExaminer) – Newsom asks dept. heads to take 10% pay cut

The City is sending out 15,000 layoff notices Friday under Mayor Gavin Newsom’s plan to rehire workers as part-timers for a savings of $50 million. He is also asking department heads to give up 10 percent of their pay and is in talks with Police and Fire employees to give up pay raises. Read More Here

(Tallahassee) – Florida’s budget gap could be as high as $3.2 billion

House Speaker Larry Cretul formally started the state budgeting process today by telling legislative money managers there will be no new taxes or fee hikes — and that they should use Florida’s shrinking revenue pot to fund education, health services and public safety above everything else. Read More Here

(TriangleBusinessJournal) – North Carolina tax collections down $35M as consumers cut spending

State revenue collections were off by $35 million through the first seven months of the government’s fiscal year as consumers continued to sit on the sidelines, a new General Assembly economic forecast says. Read More Here

(NashuaTelegraph) – Jan. foreclosures near record high

In terms of home foreclosures, Scrooge took a holiday in December, but in January, he came back strong. Read More Here

(KPVI) – Idaho tax revenue is $41M behind estimates

Idaho has missed its tax revenue forecasts by a combined $41 million since December. Read More Here

(EconomicPolicyJournal) – Iceland’s Voters About to Tell Global Banksters to Shove It

A vote is set for Saturday in Iceland on a referendum that would require Iceland to pay funds to the U.K. and the Netherlands based on U.K. and Netherlands investors who lost money because of the collapse of an Icelandic bank. Read More Here

(Guardian) – HSBC chief gets £800,000 rise – Read More Here

(Money&Markets) – Brits Pounded As Debts, Deficits Hit Home. Next Up: Us! – Read More Here

(Truthdig) – Video: ‘Colbert Report’: Greece, Frightening – View Video Here

Video: Housing Is “In a Precarious State,” Yale’s Robert Shiller Says – View Video Here

(AlexJones) – Video: Bob Chapman’s Latest Greece Banking Meltdown News on The Alex Jones Show

Part 1 – Here – Part 2 – Here – Part 3 – Soon – Part 4 – Soon

IMF-style Austerity Measures Come to America – Ellen Brown

(WebofDebt) – In addition to mandatory private health insurance premiums, we may soon be hit with a “mandatory savings” tax and other belt-tightening measures urged by the President’s new budget task force.  These radical austerity measures are not only unnecessary, however, but will actually make matters worse.  The push for “fiscal responsibility” is based on bad economics. Continue reading

MSM: Gordon Brown Defends Expansion of British Police State

(DailyMail) – Gordon Brown defended the controversial DNA database and plans to extend CCTV today as he put the fear of crime and yobbery at the heart of the election campaign. Continue reading

MSM: New U.S. senator helps Democrats advance jobs bill

(Reuters) – A modest job-creation bill advanced in the U.S. Senate on Monday as the chamber’s newest Republican bucked his party and sided with Democrats on a $15 billion package of tax cuts and highway spending. Continue reading

MSM: Artist compares Gordon Brown to Adolf Hitler

(Telegraph) – Poor Gordon Brown. As if allegations of abuse of staff and the reported intervention of Cabinet Secretary Sir Gus O’Donnell in employee relations weren’t enough to contend with, the Prime Minister has now been compared to Adolf Hitler. Continue reading

AIG-Gate: The World’s Greatest Insurance Heist

Rumor has it that Timothy Geithner is on his way out as Treasury Secretary, due to his involvement in the AIG scandal that is now unraveling in hearings before the House Oversight and Reform Committee. Bob Chapman writes in The International Forecaster:

Each day brings more revelations of efforts of the NY Fed and Goldman Sachs to hide the details of the criminal conspiracy of the AIG bailout. . . . This is a real crisis on the scale of Watergate. Corruption at its finest.

Continue reading

Global Insolvency: How will the US Service its Debt? – Bob Chapman

The recent election in Massachusetts of Republican Scott Brown to the Senate was a seminal event. It ended the Democratic administration’s ability to ram through legislation. It changed the game. The locomotive hit the bunter. Continue reading

Rule by the Rich – Paul Craig Roberts

The election of Republican Scott Brown to the U.S. Senate by Democratic voters in Massachusetts sends President Obama a message. Voters perceive that Obama’s administration has morphed into a Bush-Cheney government. Obama has reneged on every promise he made, from ending wars, to closing Gitmo, to providing health care for Americans, to curtailing the domestic police state, to putting the interests of dispossessed Americans ahead of the interests of the rich banksters who robbed Americans of their homes and pensions.

But what can Obama do other then spout more rhetoric? Continue reading

The United States of Corporate America: From Democracy to Plutocracy

“The price of apathy towards public affairs is to be ruled by evil men.” Plato, ancient Greek philosophe
..“The 20th century has been characterized by three developments of great political importance: The growth of democracy, the growth of corporate power, and the growth of corporate propaganda as a means of protecting corporate power against democracy.” Alex Carey, Australian social scientist
“The most effective way to restrict democracy is to transfer decision-making from the public arena to unaccountable institutions: kings and princes, priestly castes, military juntas, party dictatorships, or modern corporations.” – Noam Chomsky, M.I.T. emeritus Professor of Linguistics

On Tuesday, January 19 (2010), the Obama administration got a kick in the pants from the Massachusetts voters when they filled former Senator Ted Kennedy’s seat by electing a conservative Republican candidate. The essence of their message was: stop dithering and start governing; stop trying to satisfy the bankers and please the editors of Rupert Murdoch’s Wall Street Journal, and start caring for the ordinary people. Continue reading

Video: Scott Brown Elected – Now He’s Suddenly FOR the Health Care Reform

(CSPAN) – January 20,2010 – Sen-Elect Scott Brown (R) the next day after getting elected… “There are some very good things in the national plan that’s being proposed…” Continue reading

MSM: Democrats propose $1.9T increase in debt limit

(AP) – Senate Democrats on Wednesday proposed allowing the federal government to borrow an additional $1.9 trillion to pay its bills, a record increase that would permit the national debt to reach $14.3 trillion. Continue reading

Video: Brown Election Victory A Direct Response To Obama’s Broken Promises

(SteveWatson) – Scott Brown’s election victory in Massachusetts represents a direct response to the false promises of hope and change made by president Barack Obama and could pave the way for meaningful change in 2012. Continue reading

Video: Scott Brown Election Win A Massive Rebellion Against Big Government

(PaulWatson) – Scott Brown’s stunning underdog victory over Democrat Martha Coakley to become Massachusetts’ next U.S. Senator is a crushing blow for the Obama administration’s big government agenda – not because Brown has an R next to his name, and not because of Judas goats like Glenn Beck who will attempt to hijack genuine populism once again – but because his victory was thanks to the 51% of Independents who are now the majority in the state. Continue reading

Lawsuit: Goldman Sachs bonuses bigger than its earnings

(NoVerichip) – A lawsuit filed against investment bank Goldman Sachs by a shareholder alleges that the company spent more money on corporate bonuses than it earned in 2008. Continue reading

Video: False Flag Event in Detroit a Pretext to Invade Yemen

(KurtNimmo) – The UK PM Gordon Brown called for an “emergency summit of world leaders last night to stop Yemen becoming a new terror center,” reports The Sun. Brown declares the poverty-stricken country — increasingly described as a “failed state” by government officials and the corporate media (the same way Afghanistan and Iraq were deemed failed states before they were invaded) — represents an “evolving threat” threat and an “incubator” for terrorism. Continue reading

Compulsory Private Health Insurance: Just Another Bailout of the Financial Sector?

Dr. Benjamin Rush, a signer of the Declaration of Independence, is quoted as warning two centuries ago:

“Unless we put medical freedom into the Constitution, the time will come when medicine will organize into an underground dictatorship. . . . The Constitution of this republic should make special privilege for medical freedom as well as religious freedom.” Continue reading

MSM: Gordon Brown calls for new group to police global environment issues

(TimesOnline) – A new global body dedicated to environmental stewardship is needed to prevent a repeat of the deadlock which undermined the Copenhagen climate change summit, Gordon Brown will say tomorrow. Continue reading

MSM: There’ll be nowhere to run from the new world government

(DailyTelegraph) – There is scope for debate – and innumerable newspaper quizzes – about who was the most influential public figure of the year, or which the most significant event. But there can be little doubt which word won the prize for most important adjective. 2009 was the year in which “global” swept the rest of the political lexicon into obscurity. There were “global crises” and “global challenges”, the only possible resolution to which lay in “global solutions” necessitating “global agreements”. Gordon Brown actually suggested something called a “global alliance” in response to climate change. (Would this be an alliance against the Axis of Extra-Terrestrials?) Continue reading

Video: Nigel Farage on Alex Jones Tv – Obama is A Dangerous Man!!

Alex talks with Nigel Farage, the former leader of the United Kingdom Independence Party and a member of the European Parliament for the South East. Farage recently criticized Prince Charles and British PM Gordon Brown for not allowing a referendum on the Treaty of Lisbon. Often described by the media as a “eurosceptic,” Farage has come under fire for characterizing the EU as authoritarian dictatorship ruled by unelected bureaucrats to the detriment of national sovereignty. Continue reading