Video: 1 in 3 homeless are US Veterans – Adam Kokesh

(RussiaToday) – Too often many of the homeless in America are former US military personnel who have fell on hard times, are addicted to medication and drugs or simply just need some help. Joining RT’s Dina Gusovsky Iraq war veteran Adam Kokesh speaks about veterans’ homelessness and the reasons behind it. Continue reading

Economy

Video: Max Keiser – GLOBAL BREAKDOWN: Gerald Celente’s latest trends – Video Link Here

Video: Schiff & King Discuss Gold & Silver: Panic Gold buying in Germany – Video Link Here

(L.A.City) – Controller Greuel Releases Audit Showing City Can’t Find 45% of Items Purchased with Taxpayer Funds – Read More Here

(Telegraph) – Hedge funds bet big on the falling euro

Hedge funds that made millions from the implosion of America’s subprime market are betting on a similarly dramatic collapse of the euro. Read More Here

(Infowars) – The 750 Billion Euro Bluff

The Germans recently approved their portion of the €750bn European bailout fund, and I think that’s all the money we will see. It’s highly unlikely that the EU has the capital to pull off the entire thing, unless the ECB starts printing money à la full-blown quantative easing. They are just trying to bluff the speculator vultures, so that they won’t start circling Portugal, Ireland and other weak EMU economies. But I think eventually the vultures will smell blood. Read More Here

(ABC) – Video: Clarke and Dawes ask the million dollar questions

John Clarke and Bryan Dawe calculate the cost of the European debt crisis. – Video Link Here

(BusinessInsider) – Will Trichet Let A Deflationary Depression Happen So He Can’t Be Accused Of Bailing Out Greece? – Read More Here

(Telegraph) – City fears of ‘Great Depression Mark II’

Leading City experts have started raising the prospect of “Great Depression II” amid worries that the European economic crisis could trigger a deeper bout of chaos. Read More Here

(EconomicPolicyJournal) – 32 States Have Borrowed from the Federal Government to Make Unemployment Payments; California Has Borrowed $7 Billion

EconomicPolicyJournal.com has learned that 32 states have run out funds to make unemployment benefit payments and that the federal government has been supplying these states with funds so that they can make their payments to the unemployed. In some cases, states have borrowed billions. As of May 20, the total balance outstanding by 32 states (and the Virgin Islands) is $37.8 billion. Read More Here

(SFGate) – Courts quash cuts, add to state’s budget woes

Designated cuts to health and human services that were rejected by federal courts alone have resulted in $4.5 billion in lost savings over the past three years, according to Gov. Arnold Schwarzenegger’s administration. Read More Here

(TIME) – Florida Braces for Oil Spill, Impact on Tourism Industry

Like an environmental version of the hurricanes that ravaged the Gulf States in 2005, the epic spill from the Deepwater Horizon rig seems almost certain to foul every coastal corner it can. After paralyzing Louisiana’s commercial fishing industry, it is threatening Florida’s $60 billion tourism business. Read More Here

(WSJ) – AIG Executives Won’t Face Criminal Charges

The decision brings to a close a criminal investigation that, while mostly under wraps, was widely followed. The September 2008 bailout of AIG was one of the biggest and most shocking of the financial crisis, as trading by a noninsurance unit brought down one of the most iconic financial companies world-wide. Read More Here

FLASHBACK – (TIME) – Scandals The Looting of Greece

The plot was an audacious one. To create the pool of crooked money, PASOK leaders had for three years ordered state-managed corporations such as the Post Office, the Organization of Urban Transportation and the State Pharmaceutical Co. to transfer large bank deposits — the country’s money, in effect — out of the big national banks into the Bank of Crete, then the / smallest private bank in the country. There, Koskotas says, he arranged for the government deposits to draw an exceptionally low rate of interest, only 2% or 3%. Bank savings accounts in Greece routinely draw 15% interest. The excess interest earned on the government deposits was siphoned off and went straight to the politicians, he says. In addition, protected and encouraged by Papandreou, Koskotas secretly plowed Bank of Crete funds into his magazines and newspapers. Read More Here

(LewRockwell) – Sell in May and Run Away . . . Fast

Stock markets all over the world are falling. The first market to begin falling was China’s. It peaked in early August of 2009. It struggled back, though not to its August peak, but is now falling. The decline is accelerating. It is down by about 25% in 2010. Read More Here

(MoneyAndMarkets) – Massive Currency and Debt Devaluations Lie Ahead

The run-up in the stock market from March 2009 until last month was sharp and rewarding … for some. But there was one problem, it came with disproportional risk. You see, the stock market rose to an extent that it was pricing in perfection … a V-shaped recovery … a return to normal.

That overly optimistic view on the world can make for an ugly ending Read More Here

(WashingtonsBlog) – The Giant Banks, Federal Reserve and Treasury Have All Blackmailed America

As I wrote last October:

Congressmen Brad Sherman and Paul Kanjorski and Senator James Inhofe all say that the government warned of martial law if Tarp wasn’t passed. And Rahm Emanuel famously said:

Never let a serious crisis go to waste. What I mean by that is it’s an opportunity to do things you couldn’t do before.

Last year: Read More Here

(RTTNews) – Massive Demonstration In Romania Protesting Austerity Measures

The demonstration by some 20,000 people, who gathered in front of the government headquarters in capital Bucharest to protest planned government wage-cuts, was one of the largest mass protests that the Eastern European country witnessed since the fall of Communism in 1989. Read More Here

(Examiner) – CAFR: US agencies have billions, trillions in investments while crying budget deficits

Gerald Klatt and Walter Burien are unrecognized heroes. These individuals are national leaders who have communicated how government agencies conceal American taxpayers’ money in surplus accounts that collectively total trillions of our dollars. The data is found in government agencies’ Comprehensive Annual Financial Reports (CAFRs). Read More Here

(SofiaEcho) – Greece prepares for massive new strike

Massive general strikes by the Greek public sector will all but paralyse much of the country as Greek trade unions launch another 24-hour general protest against planned additional austerity measures. Read More Here

(GardenHarvest) – Severe Poverty Growing Rapidly

The percentage of Americans living in severe poverty – with incomes less than half of the federal poverty line – has reached a 32-year peak. A recent analysis of 2005 census data by McClatchy Newspapers found nearly 16 million Americans living in deep or severe poverty, defined as a family of four with income of $9,903 a year or less and an individual living on less than $5,080 a year. Read More Here

Growing Homelessness in America – Stephen Lendman

In the world’s richest country, the trend is shocking, disturbing and appalling. In its 2009 report on “Hunger and Homelessness in US Cities,” the US Conference of Mayors stated:

“Hunger and homelessness (are) at record levels in US cities,” citing an overall 26% demand increase over the past year and 19% more homelessness. Yet worsening conditions leave millions on their own and out of luck because Washington has other priorities excluding them.

“At a time of historic economic crisis, the issues of hunger and homelessness in America are more prevalent than ever.” Cities are hard-pressed to handle them, and planned budget cuts and revenue shortfalls will strap them well into the future. Continue reading

Health News

(DukeHealth) – High Fructose Corn Syrup Linked to Liver Scarring

High fructose corn syrup, which is linked to obesity, may also be harmful to the liver, according to Duke University Medical Center research. Read More Here

(ABC) – WellPoint Routinely Targets Breast Cancer Patients

They had no idea that WellPoint was using a computer algorithm that automatically targeted them and every other policyholder recently diagnosed with breast cancer. The software triggered an immediate fraud investigation, as the company searched for some pretext to drop their policies, according to government regulators and investigators. Read More Here

(NaturalNews) – Big Brother doctors say patients don’t need to see their imaging test results

If you are an American, you probably assume that this is a free country. So if you agree to undergo imaging tests — which cost you or your insurance company hundreds and even thousands of dollars and may subject you to radiation — you have every right to see the results. Read More Here

(Guardian) – ‘Toxic stew’ of chemicals causing male fish to carry eggs in testes

Intersex fish, found across the US, result from a mix of drugs that mimic natural hormones, say scientists Read More Here

(AlterNet) – How the Top 5 Supermarkets Waste Food

In a nation where millions go hungry, some of the food supermarkets throw out could feed people in need. But not every grocery chain cares. Read More Here

(CNN) – Three-fourths of youth unfit for military service – Jack Cafferty

With the U.S. fighting two wars and threats like a potentially nuclear-armed Iran on the horizon, there is a very scary truth that needs to be addressed. Read More Here

Crisis in California – Everything Touched by Capital Turns Toxic

California dreaming turns to California nightmare as decades of agribusiness, real estate development and exploitation of migrant workers take their toxic toll. Gifford Hartman takes us on a guided tour of the Golden State’s darkside
I should be very much pleased if you could find me something good (meaty) on economic conditions in California […]. California is very important for me because nowhere else has the upheaval most shamelessly caused by capitalist centralization taken place with such speed. – Letter from Karl Marx to Friedrich Sorge, 1880
Read More Here

UN Investigator Accuses US of Shameful Neglect of Homeless

A United Nations special investigator who was blocked from visiting the US by the Bush administration has accused the American government of pouring billions of dollars into rescuing banks and big business while treating as “invisible” a deepening homeless crisis. Continue reading

Scary Isn’t a Kid in a Halloween Costume

One of the joys of Halloween is to dress in scary costumes and pretend to frighten others, who pretend to be frightened. But with less than two weeks until an evening of trick-or-treating, it’s possible there won’t be anything scarier than what’s already happened in the country. Continue reading

2009 US economy: largest transfer of wealth to financial/political elite in global history

Political “leadership” of the two oligarchy parties spin their economic policy as being for the public benefit. Professional economists increasingly cast economic policy in unprecedented harsh criticism, even calling for public demonstrations against what they claim as gross violations of financial law. Let’s consider current facts of high importance: Continue reading

MSM: Foreclosures Force Ex-Homeowners to Turn to Shelters

(NYTimes) – The first night after she surrendered her house to foreclosure, Sheri West endured the darkness in her Hyundai sedan. She parked in her old driveway, with her flower-print dresses and hats piled in boxes on the back seat, and three cherished houseplants on the floor. She used her backyard as a restroom. Continue reading

The History of the Future: Trends 2012 – Gerald Celente

Autumn 2012, the “Greatest Depression” has spread worldwide. Billions are unemployed, homeless and desperate. Countries bankrupt, trade pacts broken, tariffs rise, borders close. Continue reading

US Treasury Controlled by Wall Street – Geithner’s Kitchen Cabinet

(BobChapman) – Some of Treasury Secretary Timothy Geithner’s closest aides, none of whom faced Senate confirmation, earned millions of dollars a year working for Goldman Sachs Group Inc., Citigroup Inc. and other Wall Street firms, according to financial disclosure forms. Continue reading

The Rich Have Stolen The Economy – Paul Craig Roberts

Bloomberg reports that Treasury Secretary Timothy Geithner’s closest aides earned millions of dollars a year working for Goldman Sachs, Citigroup and other Wall Street firms. Bloomberg reports that none of these aides faced Senate confirmation. Yet, they are overseeing the handout of hundreds of billions of dollars of taxpayer funds to their former employers. Continue reading

Celente – People Should Brace For ‘Greatest Depression’ 2012 Forecast – Food Riots, Ghost Malls, Mob Rule, Terror

A trends forecaster says the current economic “rebound” from last winter’s Wall Street collapse of banks, insurance companies and automobile manufacturers is an artificial blip created by ‘phantom money printed out of thin air backed by nothing.” Continue reading

Americans threatened with jail time, huge fines for refusing to buy health insurance

(NaturalNews) – There’s a popular video circulating on the ‘net right now about how to escape handcuffs without using a key. Americans are watching the video to bone up on essential skills that will soon be needed for health care reform, it seems, since the new laws that are about to be put in place call for Americans to be arrested and thrown in jail if they refuse to buy health insurance. Continue reading

The Economy Is A Lie, Too – Paul Craig Roberts

Americans cannot get any truth out of their government about anything, the economy included.  Americans are being driven into the ground economically, with one million school children now homeless, while Federal Reserve chairman Ben Bernanke announces that the recession is over. Continue reading

Call to Arms: This is the Chance of a Life Time

Watch the latest video about how they plan to intimidate us into AGREEING to be killed from the mandated Swine Flu vaccination. Continue reading

Poverty hits 1 in 8 Americans

About 2.5 million Americans slipped below the poverty line as recession and layoffs hammered the economy last year, driving poverty to its highest level since 1998, the U.S. Census Bureau reported Thursday. Continue reading

It’s Tents for Most Homeless Families in Gaza, Prefabricated Huts for the Lucky Few

Despite the parade of various international diplomats and aid workers surveying the destruction in Gaza, virtually nothing has changed since Israel ended in January its Operation Cast Lead assault—peversely named after a line in a children’s Hannukah poem. Israel launched its assault on Dec. 27, 2008, during the Jewish religious festival. Continue reading

Growing Poverty and Despair in America

In 1962, Michael Harrington’s “The Other America” exposed the nation’s dark underside enough for John Kennedy to ask his Council of Economic Advisor chairman, Walter Heller, to look into the problem and for Lyndon Johnson to say (on January 8, 1964) that his administration “today, here and now, declares unconditional war on poverty in America.” Continue reading

Will endless wars save the dollar?

“Since 1945, the US dollar has been the world reserve currency. As its value depreciates, countries holding huge dollar reserves begin to worry. China in particular has expressed grave concerns since it holds nearly $2 trillion in US currency reserves, mostly in the form of US treasury bonds. According to some reports, it is drawing down its dollar reserves by purchasing gold and stocks of raw materials and energy.” Continue reading

Cities Tolerate Homeless Camps

(WSJ) – Last summer, police responding to complaints about campfires under a highway overpass found dozens of homeless people living on public land along the Cumberland River. Continue reading

The Expiring Economy – Paul Craig Roberts

Tent cities springing up all over America are filling with the homeless unemployed from the worst economy since the 1930s. While Americans live in tents, the Obama government has embarked on a $1 billion crash program to build a mega-embassy in Islamabad, Pakistan, to rival the one the Bush government build in Baghdad, Iraq. Continue reading

The Expiring Economy – Paul Craig Roberts

Tent cities springing up all over America are filling with the homeless unemployed from the worst economy since the 1930s. While Americans live in tents, the Obama government has embarked on a $1 billion crash program to build a mega-embassy in Islamabad, Pakistan, to rival the one the Bush government built in Baghdad, Iraq. Continue reading

Vaccination Kills: Deaths resulting from medical trials for a vaccine to the H5N1 bird-flu virus.

Three Polish doctors and six nurses are facing criminal prosecution after a number of homeless people died following medical trials for a vaccine to the H5N1 bird-flu virus. Continue reading

Can The Economy Recover? – Paul Craig Roberts

There is no economy left to recover. The US manufacturing economy was lost to offshoring and free trade ideology. It was replaced by a mythical “New Economy.” Continue reading

MSM: Homeless people die after bird flu vaccine trial in Poland

(Telegraph) – Three Polish doctors and six nurses are facing criminal prosecution after a number of homeless people died following medical trials for a vaccine to the H5N1 bird-flu virus. Continue reading

Billions In Stimulus Funds Wasted

At least $55 billion of U.S. stimulus funds that President Barack Obama promised would jumpstart the economy and put Americans back to work will likely be lost to waste, fraud and abuse, according to an investigation that reviewed thousands of programs nationwide. Continue reading

Int’l organizations: Tens of thousands of Gazans are still homeless

A coalition of international humanitarian organizations in the Gaza Strip warned that tens of thousands of Gaza citizens are still homeless and do not have access to many basic services such as clean drinking water months after the end of the Israeli devastating war on Gaza. Continue reading

‘Bail-out working people – Not the Banks’

A Powerful Model for Public Action

A large-scale ‘Bail-out working people – Not the Banks’ teach-in’ and mass mobilization planning meeting’ scheduled for San Francisco May 9 is a hopeful harbinger of things to come.. Continue reading

Sacramento Tent-City an Alternative to the Control Grid

As our government wages economic warfare against its own people, the existence of a middle class dwindles and disappears. Regardless of your political outlook, the situation has become obvious and the gap between rich and poor widens everyday. In this shifting socio-economic landscape, where will the middle class find themselves? Continue reading

MSM: One in 10 Americans gets help to buy food

(Reuters) – A record 32.2 million people – one in every 10 Americans – received food stamps at the latest count, the government said on Thursday, a reflection of the recession now in its 16th month. Continue reading

Foreclosure Crisis Hits Warp Speed: 6 Million Families Face Losing Their Homes in the Next Three Years

What would you do if someone foreclosed on your home? If suddenly you and all your possessions were out on the street with a bank account depleted from trying to make mammoth mortgage payments, where would you go? Continue reading

Camp Arnie: A Glimpse of Things to Come

California Governor Arnold Schwarzenegger said a make-shift tent city for the homeless that sprang up in the capital city of Sacramento will be shut down and its residents allowed to stay at the state fairgrounds. Continue reading

Video: Keith Olbermann’s “Special Comment” on Bank Bailout

Olbermann calls for the firing of bank executives and more stringent bank regulation. Continue reading

Thomas Jefferson’s Warning

Why are the stocks of so many corporations taking plunges? Because many of them are over-leveraged, meaning simply: they have too much debt. Why do they have too much debt? Jefferson answered this very question over a hundred years ago. To wit: Continue reading

Cheney’s Mission Accomplished

Dick Cheney: “I guess my general sense of where we are with respect to Iraq and at the end of now, what, nearly six years, is that we’ve accomplished nearly everything we set out to do….” Continue reading

Food caravan stops in hard-hit Ind. county

ELKHART, Ind. – In this job-starved city where President Barack Obama last month made a public appeal for his economic stimulus plan, hundreds of volunteers — and an agency that specializes in handing out food — worked together Tuesday to feed 5,200 hungry families. Continue reading

1 in 50 Children in US is Homeless

In and out of classrooms, sleeping in shelters, shielded by parents, homeless children can seem invisible to society at large.

A national study released Monday finds that one in 50 children in America is homeless. They’re sharing housing because of economic hardship, living in motels, cars, abandoned buildings, parks, camping grounds or shelters, or waiting for foster care placement. Continue reading

Obamavilles In America

In the depression of the1890s, the term for a breadline was a Cleveland Cafe, named after the Wall Street puppet who turned the government over to JP Morgan, London, and their cross of gold. Continue reading