Neo-Con Media: Oh What a Lovely War

(C4L) – The Scottish poet Robert Burns wrote “Oh what a gift a gift to gie us, to see ourselves as others see us.” Burns could not have possibly predicted a hubris ridden twenty-first century America not much given to introspection, but there were certainly enough examples of over mighty kings and princes in his own time for him to draw upon.

Carlyle, Kissinger, SAIC and Halliburton: A 9/11 Convergence

(911Blogger) – Careful investigation leads one to notice that a number of intriguing groups of people and organizations converged on the events of September 11th, 2001. An example is the group of men who were members of Cornell University’s Quill & Dagger society. This included Paul Wolfowitz, National Security Advisors Sandy Berger and Stephen Hadley, Marsh & McLennan executive Stephen Friedman, and the founder of Kroll Associates, Jules Kroll. Another interconnected group of organizations is linked to these Cornell comrades, and is even more interesting in terms of its members being integral to the events of 9/11, and having benefited from those events.

Banks Create Money Out of Thin Air, Not Out of Pre-Existing Deposits or Reserves

The battle to reform the American banking system needs to include reimposing the barrier between investment banking and depository banking (Glass-Steagall), pay incentives based on what is best for Americans and not just the top executives, the end of too big to fail, and other changes which are frequently discussed by financial writers. These are vital issues.

The REAL Battle Over America’s Banking System

The battle to reform the American banking system needs to include reimposing the barrier between investment banking and depository banking (Glass-Steagall), pay incentives based on what is best for Americans and not just the top executives, the end of too big to fail, and other changes which are frequently discussed by financial writers. These are vital issues.

Recession Is Over; Depression Has Just Begun

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.’

Brad Friedman interviews Philip Giraldi, Peter Phillips

Philip Giraldi, former CIA officer and author of American Conservative’s explosive new cover story interview with FBI translator turned whistleblower Sibel Edmonds, detailing allegations of bribery, blackmail, theft of nuclear weapons technology by high-ranking U.S. officials and the Turkish and Israeli governments.

McGovern: JFK Was Assassinated by the CIA, and Obama May Fear the Same

Raymond McGovern is a 27-year CIA veteran, who chaired National Intelligence Estimates and personally delivered intelligence briefings to Presidents Ronald Reagan and George H.W. Bush, their Vice Presidents, Secretaries of State, the Joint Chiefs of Staff, and many other senior government officials.

The Truth about Honduras

Take a look at the photo below. It’s from one of several Honduran resistance websites. The man on the left is now dead, shot to death during a street protest. He was a union leader. The woman in the middle was injured. The man on the right is José Leonidas Martinez who spoke last evening here in Ottawa about conditions on the ground in his country since the coup.

The media can’t handle the truth; Media sheep facing truth-hungry Internet wolves

So yet another Bush administration Cabinet-level official has petitioned to get his conscience and reputation back. This time, it’s Tom Ridge, former secretary of Homeland Security. The one-time Pennsylvania governor admits in a new book that he felt political pressure from the White House to issue bogus terror alerts before the 2004 presidential election.

No Wonder the Poker Game is Ending: The Wealthiest Have Taken All of the Chips

(WashingtonsBlog) – A new report by University of California, Berkeley economics professor Emmanuel Saez concludes that income inequality in the United States is at an all-time high, surpassing even levels seen during the Great Depression.

History of CIA Torture: Unraveling the Web of Deceit, Part V

“This report tells the largely untold human story of what happened to detainees in our custody when the Commander-in-Chief and those under him authorized a systematic regime of torture. This story is not only written in words: It is scrawled for the rest of these individuals’ lives on their bodies and minds. Our national honor is stained by the indignity and inhumane treatment these men received from their captors…

Do We Really NEED The Giant Banks?

Bernanke, Summers and Geithner say that we can’t let the giant banks fail, because – without them – the economy will be starved of credit and we will be plunged into a depression.

This isn’t true.

MSM: Hezbollah stockpiles 40,000 rockets near Israel border

(Times) – Three years after Israel fought a bloody war in Lebanon against Hezbollah, there are fears that hostilities could erupt again — this time with the militant group better armed than ever.

Bombshell: Bin Laden Worked for US Till 9/11

Former FBI translator Sibel Edmonds dropped a bombshell on the Mike Malloy radio show, guest-hosted by Brad Friedman (audio, partial transcript).

‘Government Sachs’ Strikes Gold… Again

Connect the dots: Goldman Sachs made $3.44 billion in profit this past quarter, while the US deficit topped $1 trillion for the first time in the nation’s history and appeared to be headed toward doubling that figure before the budget year is out.

Government Is Out To Make You Poor

I seldom become depressed, but when I consider that prosperity is created by “peace, easy taxes and a tolerable administration of justice” I really think that the U.S. and other Western governments are doing their very best to impoverish their countries.

Romer, Bernanke, and the Flying Donkeys

Obama’s economic Brain Trust has learned the wrong lessons from, and is repeating the mistakes of, the last Great Depression.

New York Fed: Most Powerful Financial Institution You’ve Never Heard Of

The kerfuffle about current New York Federal Reserve Bank Chairman Stephen Friedman’s purchase of some Goldman stock while the Fed was involved in reviewing major decisions about Goldman’s future—well-covered by the Wall Street Journal here and here—raises a fundamental question about Wall Street’s corruption.

Economy On The Ropes – Mike Whitney

The economy continued to shrink in the first quarter of 2009 at an annual pace of 6.1 percent, making it the worst recession in more than 50 years. Gross Domestic Product slipped into negative territory from January to March for back-to-back quarters of negative 6 percent growth.

U.S. Energy Department Cannot Account for Nuclear Materials at 15 Locations

WASHINGTON — A number of U.S. institutions with licenses to hold nuclear material reported to the Energy Department in 2004 that the amount of material they held was less than agency records indicated. But rather than investigating the discrepancies, Energy officials wrote off significant quantities of nuclear material from the department’s inventory records.