Another Senate Charade – Matt Taibbi

(RollingStone) – This note comes courtesy of my friend David Sirota out in Colorado. This is a classic example of how the Senate works. If the public understood better how rigged this game is, and how few issues are actually left to an honest vote in the legislature, I’m pretty sure the pitchfork factor would be twice even what it is now.

The short version of this story: Bernie Sanders had put forth a proposal in the Senate to put a 15 percent cap on credit-card interest. Who isn’t in favor of this kind of legislation? The only difference between credit card companies and loan sharks at this point is that you can choose to not patronize a loan shark. As an adult professional in this country one has to have a credit card – it’s impossible to rent a car, buy a hotel room, shop online or do countless other things without one.

But all the credit card companies use the same insane formulae based on FICO scores to charge exorbitant interest rates for anyone who slips up – and they don’t exactly make it easy to not slip up. (I’m doing research on this subject so anyone who has a particularly egregious story about being ripped off by credit card companies, please write in). Almost everyone has horror stories about consumer credit and my guess is that if put to a national referendum, something like the Sanders 15% cap would pass pretty easily. Continue reading

Video: Generation Kill – Iraq

(2007) – What happens when those who’ve grown up on Hollywood war movies and graphic video games are sent to the frontline?
“It’s the ultimate rush — you’re going into the fight with a good song playing in the background,” states one soldier. This is a war fought by the first playstation generation. As Rolling Stones journalist Evan Wright explains: “One thing about them is they kill very well in Iraq.” Continue reading

Wall Street’s Naked Swindle – Rolling Stone

A scheme to flood the market with counterfeit stocks helped kill Bear Stearns and Lehman Brothers — and the feds have yet to bust the culprits Continue reading

MSM: How Washington is screwing up health care reform – and why it may take a revolt to fix it

(RollingStone) – Let’s start with the obvious: America has not only the worst but the dumbest health care system in the developed world. It’s become a black leprosy eating away at the American experiment — a bureaucracy so insipid and mean and illogical that even our darkest criminal minds wouldn’t be equal to dreaming it up on purpose. Continue reading

Vaccinations: Deadly Immunity – Robert F. Kennedy Jr.

Global Research Editor’s note

We bring to the attention of our readers this 2005 article by Robert F. Kennedy Jr. published by Rollingstone.com. Continue reading

MSM: As Goldman Sachs posts huge profits from the economic crisis, the question is – Did it cause the problems in the first place?

(DailyMail) – No name is more ubiquitous in the pantheon of global finance than that of Goldman Sachs. At a time when world commerce and banking has been brought to a shuddering halt by greed, excess and foolishness, this investment bank provoked astonishment and disgust this week by handing out record bonuses. Continue reading

Rolling Stone writer called ‘anti-Semitic’ for simply following the money

Popular Rolling Stone contributor, writer and blogger Matt Taibbi claims that he was sent e-mails which attacked him and accused him of anti-Semitism for exposing the investment bank giant Goldman’s Sachs and their shady financial dealings over the years. Continue reading