China 2015 = U.S. 2008

The REAL Reason China’s Economy Is Crashing China 2015 = U.S. 2008 We noted in 2009, in a piece titled “China 2009 = America 2001 = Rome 11 BC“: One of the top experts on China’s economy – [economics professor] Michael Pettis – has a very long but interesting essay arguing that China is blowing a giant…Read More

U.S. Military Leaders Support Iran Deal

Scores of high-level American military leaders support the Iran deal.  For example, the following 35 military officials – from the Army, Navy, Air Force and Marine Corps – signed a letter urging support for the deal: General James “Hoss” Cartwright, U.S. Marine Corps General Joseph P. Hoar, U.S. Marine Corps General Merrill “Tony” McPeak, U.S. Air Force…Read More

Drivers, Beware: The Costly, Deadly Dangers of Traffic Stops in the American Police State

“The Fourth Amendment was designed to stand between us and arbitrary governmental authority. For all practical purposes, that shield has been shattered, leaving our liberty and personal integrity subject to the whim of every cop on the beat, trooper on the highway and jail official. The framers would be appalled.”—Herman Schwartz, The Nation     Trying to…Read More

CIA Reactions to Finding No WMD in Iraq

    The National Security Archive has posted several newly available documents, one of them an account by Charles Duelfer of the search he led in Iraq for weapons of mass destruction, with a staff of 1,700 and the resources of the U.S. military. Duelfer was appointed by CIA Director George Tenet to lead a massive…Read More

Wrong On Iran

For the United States to sit and talk and come to an agreement with a nation it has been antagonizing and demonizing since the dictator it installed in 1953 was overthrown in 1979 is historic and, I hope, precedent setting. Let’s seal this deal! Four months ago the Washington Post published an op-ed headlined ‘War With Iran Is Probably…Read More

The Debt Drama in Greece

The one undeniable truth about the debt drama in Greece is that each of the conventional narratives—financial, political and historical—has some claim of legitimacy. For example, spendthrift Greeks shunned fiscal discipline: here’s an account from 2011 that lays out the gory details: The Big Fat Greek Gravy Train: A special investigation into the EU-funded culture of…Read More

Insitutional Corruption is America’s Main Problem

The Cop Is On the Take Government corruption has become rampant: Senior SEC employees spent up to 8 hours a day surfing porn sites instead of cracking down on financial crimes Nuclear Regulatory Commission workers watch porn instead of cracking down on unsafe conditions at nuclear plants An EPA employee who downloaded 7,000 porn files, then spent 2-6 hours each workdaywatching…Read More

7 Ways to Stop Terrorism

How to Stop Terrorism: 7 Ways to Drain the Swamp In the wake of the barbaric Paris terror attack, everyone is debating how to stop further terrorism. Some say we need more war against Islamic countries … or more spying … or more crackdowns on our liberties. But – despite what the talking heads may…Read More

How U.S. Torture Led to the Rise of ISIS

  Nice Job Creating Terrorists, You Morons … We’ve previously noted that many members of ISIS were members of Saddam Hussein’s secular Baath Party who converted to radical Islam in American prisons. And we’ve documented that torture creates more terrorists.   Indeed, Salon notes: Among the most notable victims of torture was Sayeed Qut…

New Evidence: US Government Intentionally Lied Us Into Iraq War

Alleged Meeting Between 9/11 Hijacker and Iraqi Official Was Debunked by U.S. Intelligence Agencies Before It Was Trumpeted As War Justification … U.S. Pressured Czech Government to Lie There is extensive evidence that the U.S. government intentionally lied us into the Iraq war. Here’s a quick refresher: Pulitzer prize-winning journalist Ron Susk…

Torture: An Executive Summary

What You Need to Know .. There’s a media storm regarding the Senate torture report … appropriately. But much of the report was redacted by the CIA and White House. Here’s what you need to know … Initially, the torture was widespread and systemic. And it wasn’t just bad guys who were tortured: The commander…

Debunking the Myth: War Is Bad for the Economy

Nobel Prize Winning Economists, Federal Reserve Chair and Other Top Experts: War Is BAD for the Economy   About.com notes: One of the more enduring myths in Western society is that wars are somehow good for the economy. It is vital for policy-makers, economists and the public to have access to a definitive analysis to…

Big Banks Manipulate Physical MarketsPrices

Giant Banks Take Over Real Economy As Well As Financial System … Enabling Manipulation On a Vast Scale Top economists, financial experts and bankers say that the big banks are too large … and their very size is threatening the economy.  They say we need to break up the big banks to stabilize the economy. …

3-Star General: We’ve Lost the Wars In Iraq & Afghanistan

3-Star General Who Helped Lead War On Terror: We’ve Lost the Wars In Iraq and Afghanistan “That Would Be Four Times Biting That Poison Apple: Vietnam, Afghanistan, Iraq and Then Iraq Again” 3-star General Daniel Bolger helped to lead the wars in Iraq and Afghanistan. The first sentence of his new book – Why We Lost:…

Longest Continuous Period of War In American History

Endless War Is the Agenda Pulitzer-prize winning reporter James Risen reminds us: We are now in the longest continuous period of war in American history. And yet there is remarkably little debate about it. Many Americans assume “because 9/11″. But regime change in Iraq, Lybia, Syria and Afganistan (and see this) was planned before 9/11….

Currency Markets Are Rigged

Big Banks Busted Massively Manipulating Foreign Exchange, Precious Metals … And Every Other Market Currency markets are massively rigged. And see this and this. Reuters notes today: Regulators fined six major banks including Citigroup (C.N) and UBS (UBSN.VX) a total of $4.3 billion for failing to stop traders from trying to manipulate the foreign e…

ISIS Roots Trace Back to Bush Admin

The U.S. Has Radicalized the Middle East ISIS Is Run By Former Iraqi Generals … Many Are Members Of Saddam Hussein’s Secular Baath Party Who Converted To Radical Islam In American Prisons U.S. Foreign Policy Created Many More Terrorists Than It Killed The New Yorker reports: ISIS is run by a council of former Iraqi…

Big Banks Manipulated $21 Trillion Dollar Market for Credit Default Swaps

  Derivatives Are Manipulated Runaway derivatives – especially credit default swaps (CDS) – were one of the main causes of the 2008 financial crisis. Congress never fixed the problem, and actually made it worse. The big banks have long manipulated derivatives … a $1,200 Trillion Dollar market. Indeed, many trillions of dollars of derivativ…