(GunsNButter) – The American Media Empire of Managed News” with Dr. Peter Phillips.
NATO and the US with all these bases are the protectors of global corporate capitalism, they are the protectors of the world bank, that’s the agenda. Those are the oppressors.
Propaganda model post 9/11 becomes deliberate disinformation; consolidation of media and public relations groups; prison torture across the US; domestic secret detention centers; Operation FALCON mass arrests; suspension of habeas corpus by the Chief Executive; US and NATO as protectors of global capital; structure of inequality maintained by global capital and military empire worldwide; repression that addresses us all; the 1948 Declaration of Human Rights. Audio Link Here
(ActivistPost) – The boat is leaving for China. Disney, Kraft Foods, and four more Fortune 500 companies are on board to move their Headquarters to Shanghai.
The mass exodus of American companies which will surely take thousands of jobs with them, is now commencing with mind-twisting irony. Apparently, America is no longer capitalistic enough to invest in, even for U.S-based companies. Continue reading →
(PoliticalTheatrics) – Noam Chomsky, the leading leftwing intellectual, warned last week that fascism may be coming to the United States.
“I’m just old enough to have heard a number of Hitler’s speeches on the radio,” he said, “and I have a memory of the texture and the tone of the cheering mobs, and I have the dread sense of the dark clouds of fascism gathering” here at home. Continue reading →
Did Obama Sandbag His Own Health Care Bill? by David Michael Green, a professor of political science at Hofstra University in New York. 
Mr. Green, how is your latest rant at OpedNews, “Did Obama Sandbag His Own Health Care Bill?” different than all of the other rants at OpedNews?
“So Barack Obama got his change. Other people can even believe in it if they want. I regret to say I remain unimpressed” A mobilization of the huge mob of motivated and excited citizens who put Obama in the White House last year in the name of genuine change never occurred.” David Michael Green
Health care spending accounts for approximately 17% of GDP in the USA. Until last week about 50 cents of every health care dollar was being spent by the government with the remaining 50 cents so being spent in the private sector. Until last week about 11% of the healthcare industry was controlled by government monopoly in the form of Medicare, Medicaid, Indian Health Care, Veterans Health Care, and other entities (all failing with trillions of dollars in unfunded liabilities). The 6% remaining in the private sector is subject to heavy government intervention (i.e. largely a political capitalism, not free market capitalism). With the passage of Obamacare the remaining 6% of the health care industry will soon fall under the complete control of the federal government. Experience and the laws of economics tell us that a government monopoly on health care means costs will spiral out of control, taxes will skyrocket, innovation will be curtailed, the brightest minds will flee the health care industry, shortages, waiting lines, and unnecessary mortality will result. Welcome to the tyranny of socialized medicine. Continue reading →
The year is 2010 and to anyone not in denial, the industrialized nations have entered the greatest calamity the world has ever known:
35 Million Americans on Food Stamps: 12 Percent of U.S. Population on Food Stamps Highest Since Records Kept in 1969, and that’s before the Obama administration announced a planned three-year budget freeze on government discretionary spending. (My Budget 360)
18 Million empty houses in the United States and 39 million Americans who are no longer working or looking for work, and that’s before Federal Reserve finishes rewriting the rules of American “capitalism” as US Housing, the Automobile Industry and the American Dream are dismantled. (The 31-Year-Old in Charge of Dismantling G.M., David E. Sanger)
(Truthdig) – There are no constraints left to halt America’s slide into a totalitarian capitalism. Electoral politics are a sham. The media have been debased and defanged by corporate owners. The working class has been impoverished and is now being plunged into profound despair. The legal system has been corrupted to serve corporate interests. Popular institutions, from labor unions to political parties, have been destroyed or emasculated by corporate power. And any form of protest, no matter how tepid, is blocked by an internal security apparatus that is starting to rival that of the East German secret police. The mounting anger and hatred, coursing through the bloodstream of the body politic, make violence and counter-violence inevitable. Brace yourself. The American empire is over. And the descent is going to be horrifying. Read More Here
(TheComingDepression) – Let’s talk a bit about these supposedly broke governments that have been reaching insolvency, and in cases like Iceland in 2006 and Argentina in 2001, have declared bankruptcy. It seems to most, as it would to anyone not ideologically retarded, that for all the public “brokeness” going on, there is always enough money for a bailout for some big bosses. Indeed, there’s never a shortage of money (or credit; whatever you want to call it) when it comes to buying up some big boss’ bad debt, or fleecing the public purse to provide him (them) with a fat tax cut so they can “create jobs” (see: off shore, low wage). Continue reading →
(PressTV) – This is most of the speech given by President Ahmadinejad on the Iranian 31st Anniversary of the Revolution. It is worth hearing the entire speech to get an idea of Iranian progress, their fears of foreign interference in their country’s politics and nuclear power ambitions, and calls for end of capitalism and controllism. Continue reading →
The argument is won: capitalism as an effective system to organise society and provide for human needs has expired. The evidence is conclusive. Trillions of dollars to kickstart the economy in the US and Europe may have given an ephemeral lease of life to the financial class to spin the casino wheel once again, but it is more apparent by the day that the tentative “recovery” has spluttered to a standstill. Gridlocked by unprecedented levels of personal and national debts, the engine of production – the real economy – is in a state of rigor mortis. Continue reading →
(Examiner) – Joseph Stiglitz understands half the US economic disaster when he explains current policy is “no way to run an economy that’s going to work,” “there’s moral hazard everywhere,” and newly-invented and unregulated financial markets have only increased risk, not decreased it. Read More Here
(CNBC) – Layers of money managers that don’t bear the brunt of losses but walk away with big payouts when things go well have turned the US economy to a type of “ersatz capitalism,” Joseph Stiglitz, Columbia University professor and Nobel laureate, told CNBC Tuesday. Continue reading →
In her book, “The Shock Doctrine: The Rise of Disaster Capitalism,” Naomi Klein explores the myth of free market democracy, explaining how neoliberalism dominates the world with America its main exponent exploiting security threats, terror attacks, economic meltdowns, competing ideologies, tectonic political or economic shifts, and natural disasters to impose its will everywhere. Continue reading →
(Fox) – John Stossel’s show tonight is about the so called crony capitalism. Do we have a capitalist system in America or is it a crony capitalism where companies have to hire lobbyist to change the regulation and get away with practically everything? Continue reading →
(GlobalResearch) – Edmund Burke (1729-1797) claimed that “Those who don’t know history are destined to repeat it.” Perhaps. But more serious are those who know history but learn nothing from it. Continue reading →
No-one wants to talk about Japan these days. The conventional wisdom is that the bloom went off Japan’s economic rose around 1990 and that the utter superiority of neoliberal capitalism was vindicated by the strong performance of the American economy during the 1990s. Furthermore, everyone is now convinced that China – whose economy is 1/8 the size of Japan’s – is the rising economic power and therefore the appropriate object of attention.
But Japan is, despite everything, still one of the master keys to understanding the future of the world economy, because Japan is the clearest case study of why neoliberalism is false. Simply put, Japan has done almost everything wrong by neoliberal standards and yet is indisputably the second-richest nation in the world. Continue reading →
Introduction: Asian capitalism, notably China and South Korea are competing with the US for global power. Asian global power is driven by dynamic economic growth, while the US pursues a strategy of military-driven empire building. Continue reading →
Venezuela President Hugo Chavez took the stage at COP15 and launched his own protest. He declared, “If the climate was a capitalist bank, the rich governments would have saved it.”
Before linking the economic crisis to the climate one, Mr. Chavez’s scathing critique invoked the ghost of Karl Marx and praised street protesters drawing some applause from the audience. He went on to criticize what he sees as the destructive practices of the capitalist system, Chavez said that he fears that the “infinite model” of capitalism will exhaust the finite resources of the environment.
(NewsWithViews) – A Republican congresswoman, who has been in the forefront of the fight against the healthcare bill, the climate control bill and other contentious measures, warned in an impromptu interview on Breitbart.tv Thursday evening, that a fast-tracked, under-the-radar mega-bill by Rep. Barney Frank, D-Mass., designed to overhaul the regulation of the entire financial services industry – and headed at the time for passage by the House — is “even worse.” Continue reading →
(KurtNimmo) – Duped by the junk science of the climate change scam, thousands of people rallied in Copenhagen to demand immediate implementation of the globalist agenda to deliver “rich nations” into a New Dark Age. Bamboozled protesters called for an end to “capitalism,” “tough measures on climate change,” and “action instead of words.” Continue reading →
The truth that most people realize but can’t openly talk about is that America has seen better days and that the system of capitalism has long outlived its usefulness. The last part of that sentence, that capitalism has outlived its usefulness, is thoroughly the fault of the capitalists themselves. Continue reading →
The US government is now so totally under the thumbs of organized interest groups that “our” government can no longer respond to the concerns of the American people who elect the president and the members of the House and Senate. Continue reading →
20 reasons America has lost its soul and collapse is inevitable
Jack Bogle published “The Battle for the Soul of Capitalism” four years ago. The battle’s over. The sequel should be titled: “Capitalism Died a Lost Soul.” Worse, we’ve lost “America’s Soul.” And, worldwide, the consequences will be catastrophic. Continue reading →
For the last few months I have been casting around looking for bullish data points as counterfactuals to my more bearish long-term outlook. I have found some, but not enough. If you recall, early this year, I stated that we are in depression, making the case for the ongoing downturn as a depression with a small ‘d.’
War is Peace, Freedom is Slavery, Ignorance is Strength, and Debt is Recovery In light of the ever-present and unyieldingly persistent exclamations of ‘an end’ to the recession, a ‘solution’ to the crisis, and a ‘recovery’ of the economy; we must remember that we are being told this by the very same people and institutions which told us, in years past, that there was ‘nothing to worry about,’ that ‘the fundamentals are fine,’ and that there was ‘no danger’ of an economic crisis.
(DailyMail) – Beneath today’s orgy of celebrations that marks the anniversary lurks a disturbing reality. Mao’s successors may have embraced cut-throat capitalism to a degree that makes even Western economists blanch. But the arrangements for the parade are a reminder that China remains a deeply authoritarian society. Continue reading →
On September 17, in the midst of the publicity blitz for his cinematic takedown of the capitalist order, Moore talked with Nation columnist Naomi Klein by phone about the film, the roots of our economic crisis and the promise and peril of the present political moment. Continue reading →
(Bloomberg) – On Wednesday, Congressman Paul appeared on Bloomberg TV to discuss the Fed’s role in creating the financial crisis, how it has destroyed our economy, and the alternative presented by a free market. Continue reading →