A Peace Prize Winner’s Resumé

Then there’s the matter of his actual policy and political record. If Obama is such (as many “progressives” seem to need to believe) an “antiwar” candidate, why has he offered so much substantive policy support to the criminal occupation and the broader imperial “war on terror” of which Bush says O.I.F. is a part? Here are some highlights from a summary of Obama’s U.S. Senate voting record recently sent to me by the Creative Youth News Team (CYNT 2007), a progressive African American advocacy organization. Continue reading

Video: No Peace with This Prize – Ron Paul

(C4L) – In his latest C4L video, Dr. Paul gives his thoughts on awarding the Nobel Peace Prize to President Obama, looks at the president’s pro-war record, and talks about the need for a true pro-peace movement. Continue reading

Obama Wins the Nobel Peace Prize?

October 9, 2009 – I woke up to a text message from CNN that Obama had won the Nobel peace prize. First thought– “Why? What did he do to earn it? Extend the Afghan war? Send thousands of storm trooper police to Pittsburgh for G-20? Continue reading

Warmonger Wins Peace Prize – Paul Craig Roberts

It took 25 years longer than George Orwell thought for the slogans of 1984 to become reality.
“War is Peace,” “Freedom is Slavery,” “Ignorance is Strength.”
I would add, “Lie is Truth.” Continue reading

Video: Wayne Madsen – Why give Peace Award to man at helm of conflicts?

(RussiaToday) – October 9, 2009 – Barack Obama receives Nobel Prize as US plans to increase troops in Afghanistan. While in Pakistan, the ever expanding number of American security firms are causing concerns. Continue reading

War is Peace, Freedom is Slavery, Ignorance is Strength

BARACK OBAMA AWARDED NOBEL PRIZE FOR PEACE
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This morning, Americans were greeted with a shocking example of real-life Orwellian doublethink. We found out that Barack Obama was awarded the Nobel Prize for Peace. Continue reading

Marx and Lenin Revisited – Paul Craig Roberts

“Capital is dead labor, which, vampire-like, lives only by sucking living labor, and lives the more, the more labor it sucks.” Karl Marx
If Karl Marx and V. I. Lenin were alive today, they would be leading contenders for the Nobel Prize in economics. Continue reading

2 Nobel Economists Confirm that Credit is NOT Created Out of Excess Reserves

We’ve all been taught that banks first build up deposits, and then extend credit and loan out their excess reserves.
But critics of the current banking system claim that this is not true, and that the order is actually reversed.
Sounds crazy, right? Continue reading

Looming Global Debt Crisis – Bob Chapman

What do you do after you have zero interest rates and you have flooded the world with money and credit? Continue reading

Why Capitalism Fails

The man who saw the meltdown coming had another troubling insight: it will happen again Continue reading

The Free Gaza Movement – Dr. Mahathir Mohamad

We all remember the brutal Israeli attacks against Gaza last year. Many of us were outraged by the killings of some 1,300 Gazan Palestinian, men, women, the disabled, the children, the sick and the maimed.Hospitals and schools were destroyed. Continue reading

Video: Goldman Sachs, the US Treasury, and criminal corruption

This is an extraordinary 26-minute video documenting criminal conspiracy between Goldman Sachs and the US Treasury with information in front of all of us to see: Continue reading

Searching for the Depression and Finding It

(DannySchechter) – Economic Stress Is Hidden, But It’s There in a Recovery That Isn’t. Continue reading

We Have the Moral High Ground – Cindy Sheehan

“Hate begets hate; violence begets violence; toughness begets a greater toughness. We must meet the forces of hate with the power of love…” Dr. Martin Luther King, Jr. 1958
“There comes a time when silence is betrayal…” Dr. King, 1967

I remember back in the good ol’ days of 2005 and 2006 when being against the wars was not only politically correct, but it was very popular. I remember receiving dozens of awards, uncountable accolades and even was nominated for the Nobel Peace Prize. Continue reading

America’s Warfare State – Lining the pockets of Pentagon contractors

“On my last day in Iraq,” veteran McClatchy News correspondent Leila Fadel wrote August 9th, “as on my first day in Iraq, I couldn’t see what the United States and its allies had accomplished. …I couldn’t understand what thousands of American soldiers had died for and why hundreds of thousands of Iraqis had been killed.” Continue reading

Concentration of wealth in hands of rich greatest on record

(RawStory) – The wealthiest 10 percent of Americans now have a larger share of total income than they ever have in records going back nearly a century — an even larger amount than during the Roaring Twenties, the last time the US saw such similar disparities in wealth. Continue reading

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. Continue reading

Video: Gaza activist talks to Al Jazeera from Israeli jail

Fourteen people remain in custody after an aid ship bound for Gaza was seized by the Israeli navy on Tuesday. Among them are a nobel peace prize winner, and two Al Jazeera journalists. The Free Gaza movement sent the ship loaded with humanitarian supplies from Cyprus, in defiance of Israel’s crippling 2-year blockade. Continue reading

US remains silent over McKinney arrest by Israel

Nearly a day after the detention of former US lawmaker Cynthia McKinney by Israeli forces, Washington has yet to make a reaction. Continue reading

The “Spirit of Humanity – Paul Craig Roberts

On June 30, the government of Israel committed an act of piracy when the Israeli Navy in international waters illegally boarded the “Spirit of Humanity,” kidnapped its 21-person crew from 11 countries, including former US Congresswoman Cynthia McKinney and Nobel Laureate Mairead MaGuire, and confiscated the cargo of medical supplies, olive trees, reconstruction materials, and children’s toys that were on the way to the Mediterranean coast of Gaza. Continue reading

Video: Mike Rivero on Alex Jones – Cynthia McKinney “Kidnapped” by Israel

A humanitarian aid ship which set sail for the Gaza strip has been seized by occupying Israeli forces today. The Israeli military abducted 21 human rights workers from 11 countries including former U.S. Congresswoman Cynthia McKinney and Noble laureate Mairead Maguire. Continue reading

MSM: Cynthia McKinney Demands Immediate Release After Her Gaza-Bound Boat is Seized by Israeli Navy

(Fox) – Former U.S. lawmaker and Green Party leader Cynthia McKinney, a longtime activist for the Palestinians, says her boat, the Spirit of Humanity, was carrying medical supplies, cement, olive trees and children’s toys to Gaza when it was seized by an Israeli navy ship. Continue reading

Israel Kidnaps Cynthia McKinney, Human Rights Workers

Today Israeli Occupation Forces attacked and boarded the Free Gaza Movement boat, the SPIRIT OF HUMANITY, abducting 21 human rights workers from 11 countries, including Noble laureate Mairead Maguire and former U.S. Congresswoman Cynthia McKinney. The passengers and crew are being forcibly dragged toward Israel. Continue reading

Who’s A Low Level Terrorist? Are You?

Recently, an American Civil Liberties Union report pointed out, “Anti-terrorism training materials currently being used by the Department of Defense (DoD) teach its personnel that free expression in the form of public protests should be regarded as ‘low level terrorism’.” Continue reading

Nobel Economist Stiglitz: Government’s Response is WORSE than Socialism

Some have called this “socialism with American characteristics”. But socialism is concerned about ordinary individuals. By contrast, the US has provided little help for the millions of its people who are losing their homes. Continue reading

Nobel prize-winning economist described the root of the financial crisis in 1993

Nobel prize-winning economist George Akerlof co-wrote a paper in 1993 describing the causes of the S&L crisis and other financial meltdowns. As summarized by the New York Times: Continue reading

From Bunker Hill to Baghdad – Pinter’s Dispatch to Obama

Brzezinski was right, of course. Obama was the perfect choice for president. Not because of his experience. He had none. He was a two year senator with a resume’ small enough to fit on the back of a matchbox. Still Obama had what Brzezinski and Co. were looking for, symbolism; the kind of symbolism that connected him to people around the world and made them feel like one of their own had finally clawed their way to the top. Continue reading

What Caused the Economic Crisis?

CDS are like an insurance contract, where the purchaser buys “insurance” that a company won’t go out of business from a seller. If the company stays in business, the purchaser pays premiums to the seller, but if the company goes belly up, the seller has to pay the face value of the CDS “policy”.

Why are CDS so dangerous? Continue reading

MSM: Stiglitz Says White House Ties to Wall Street Doom Bank Rescue

(Bloomberg) – The Obama administration’s bank- rescue efforts will probably fail because the programs have been designed to help Wall Street rather than create a viable financial system, Nobel Prize-winning economist Joseph Stiglitz said. Continue reading

Economist: US collapse driven by ‘fraud,’ Geithner covering up bank insolvency

In an explosive interview on PBS’ Bill Moyers Journal, William K. Black, a professor of economics and law with the University of Missouri, alleged that American banks and credit agencies conspired to create a system in which so-called “liars loans” could receive AAA ratings and zero oversight, amounting to a massive “fraud” at the epicenter of US finance. Continue reading

MSM: ‘IMF currency’ can be floated within a year

UNITED NATIONS: A reserve currency system based on an IMF unit instead of the US dollar, a proposal floated by China, could be phased in within a year, Nobel Prize-winning economist Joseph Stiglitz said on Thursday. Continue reading

CDS ‘Godfather’ Says Blow ‘Em All Up’ – Webster G. Tarpley

Myron Scholes, the creator of the infamous Black-Scholes model for pricing derivatives which won the Nobel Prize and then almost destroyed the world banking system with the Long Term Capital Management bankruptcy of 1998, has now partially understood that his derivative creations are a Frankenstein monster. Continue reading

MSM: Geithner Plan Will Rob US Taxpayers

The U.S. government plan to rid banks of toxic assets will rob American taxpayers by exposing them to too much risk and is unlikely to work as long as the economy remains weak, Nobel Prize-winning economist Joseph Stiglitz said on Tuesday. Continue reading