MSM: Fed Discusses Limited Bond Sales to Withdraw Stimulus

(Bloomberg) – Federal Reserve officials are considering a proposal to schedule limited sales of bonds from the central bank’s $2.2 trillion balance sheet as part of a range of tools for withdrawing record monetary stimulus. Continue reading

MSM: Karzai Says Afghan Army Will Need U.S. Until 2024

(NYTimes) – President Hamid Karzai said Tuesday that Afghanistan would not be able to pay for its own security until at least 2024, underscoring his government’s long-term financial dependence on the United States and NATO even as President Obama has pledged to begin withdrawing American troops in 2011. Continue reading

US Occupation of Iraq Continues Unabated – Dahr Jamail

“Political language is designed to make lies sound truthful and murder respectable, and to give an appearance of solidity to pure wind.”
– George Orwell

On July 4 in Baghdad, Vice President Joe Biden, who campaigned with Barack Obama on a platform of ending the occupation of Iraq, found himself in one of former Iraqi dictator Saddam Hussein’s lavish buildings, the Al-Faw Palace. Continue reading