Officials say tentative stimulus deal reached
Amid stunning new job losses and yet another bank failure, key senators and the White House reached tentative agreement Friday night on an economic stimulus measure at the heart of President Barack Obama's recovery plan. Two officials said the emerging agreement was for a bill with a $780 billion price tag, but there was no immediate confirmation.
Cold warrior Henry Kissinger (New World Order Frontman) woos Russia for Barack Obama
Henry Kissinger, the pioneer of Cold War detente during the Nixon era, has made a return to frontline politics after President Barack Obama reportedly sent him to Moscow to win backing from Vladimir Putin's government for a nuclear disarmament initiative.
Georgia bank fails: 7th in 2009
FirstBank Financial Services based in McDonough, Ga., was closed by state regulators Friday evening, making it the seventh bank to fail so far this year.
Israel to Obama: hold Iran's feet to fire, or else
Israel will go along with President Barack Obama's Iran diplomacy, but try to shorten the deadline for results by signaling its willingness to attack Iranian nuclear sites if need be.
Kyrgyzstan says decision on U.S. base closure 'final'
The Kyrgyzstan government's decision to order the closure of a U.S. base that serves as a vital route for supplies to Afghanistan is "final," a government spokesman said yesterday.
The Harsh Impact On Consumption Of Lost Home Equity
Economists have long known that there is a relationship between wealth and spending in the economy. According to most studies, people will increase their spending by about $5 for each $100 increase in their net wealth. Therefore, they will reduce their spending by $5 for each $100 reduction in their wealth as well.
Canada Employment loss WAY worse than the US! ITS DOUBLE!
Lets look at this in prospective. The population of the US is approx. 300 Million. Canada is around 30 MILLION. Therefore the job loss should be around 10% of the US. The US lost approx 600,000 jobs. CANADA should lose 60,000 jobs. They lost over 20% of the US's job loss! Canada job loss seems to be MUCH WORSE!
CBO: Obama stimulus harmful over long haul
President Obama's economic recovery package will actually hurt the economy more in the long run than if he were to do nothing, the nonpartisan Congressional Budget Office said Wednesday.
THE BACK DOOR TO GUN CONTROL
SHORTLY BEFORE LEAVING OFFICE, President Bush managed to stick it to Americans one more time by signing into law a dangerous measure that makes it tougher for people to exercise their Second Amendment rights without fear of being tracked and monitored.
Moscow Reacts to US Buildup in Afghanistan
By F. William Engdahl
Moscow has correctly assessed that the announced Obama troop buildup in Afghanistan has no relevance to the stated aim of combatting the ‘Taliban’, but rather with a new attempt by the Pentagon strategists to encircle both Russia and China on Eurasia in order to retain US global military dominance.
The politics of bollocks
By John Pilger
It is time the Obama lovers grew up. It is time those paid to keep the record straight gave us the opportunity to debate informatively. In the 21st century, people power remains a huge and exciting and largely untapped force for change, but it is nothing without truth. “In the time of universal deceit,” wrote George Orwell, “telling the truth is a revolutionary act.”
Forecast 2009: There Will Be Blood
2009 will be a year of complete destruction for the US economy. 3 Million will lose their jobs. The Dow Jones Industrial average will break below 6,000. Municipalities will fail. Insurers will fail. The unemployed and foreclosed American population will take to the streets and begin rioting. The Greatest Depression is upon us.
Fox host Greg Gutfeld: 9/11 truthers are 'mentally ill'
Greg Gutfield, host of Foxs Red Eye, joined Foxs Steve Doocy, Gretchen Carlson and Brian Kilmeade to talk about an upcoming episode of FXs Rescue Me where one of the characters explains that a neoconservative government was complicit in the 9/11 attacks. The hosts failed to note that the FX network is owned by New Corporation which is the parent company of Fox News.
THE UN’S PLAN TO USE FOOD AS A WEAPON OF CONTROL
By Robert Singer
The Codex Alimentarius Commission (CAC), based in Rome, Italy, is an international organization jointly created in 1962 by the Food and Agricultural Organization (FAO) and the World Health Organization (WHO) of the United Nations "allegedly"- to protect the health of consumers with guidelines for food standards.
Where’s the proof they own your mortgage….Fight Back… Your goal is to make certain the institution suing you is, in fact, the owner of the note. There is only one original note for your mortgage that has your signature on it. Make them produce the note,.
Unions up the pressure over Sarkozy crisis plans
Union bosses vowed Friday to keep up the pressure on Nicolas Sarkozy after the French president agreed to meet them for talks on helping the working poor following massive street protests.
Judge halts last Guantanamo trial
The judge overseeing Guantanamo Bay hearings, Susan Crawford, has dropped the charges in the last trial there, the Pentagon says.
US withdraws charges against USS Cole suspect
A Pentagon judge has withdrawn charges against a Saudi detainee at the Guantanamo Bay detention camp accused of taking part in the deadly October 2000 attack on the USS Cole in Yemen.
Payrolls plunge by 598,000, the most since 1974
The fury of the recession intensified in January, as the nation's unemployment rate jumped to 7.6% and nonfarm payrolls fell by the largest amount in 34 years, the Labor Department reported Friday.
Acts Of Insanity Are What Destroyed The Economy
By Bob Chapman
After 1-1/2 years of massive financial injection the health of banks is getting worse. We see them needing $2 trillion and others see the figure at $4 trillion - money we do not have, that will have to be created and monetized. That doesn’t count the interest taxpayers will have to pay, some $1.5 trillion on $4 trillion.
US Inflation Could Hit 200%: Dr. Doom
The US risks being hit by Zimbabwe-style hyperinflation and there are signs that the world's biggest economy risks turning into a banana republic, Marc Faber, author of the Gloom, Doom & Boom report, told CNBC's "Asia Squawk Box."
North Korea eyes disputed sea border for missiles: reports
North Korea could be looking to stir up tension by firing short-range missiles at a disputed maritime border with the South, while it may also launch its longest-range missile to check design improvements, reports said on Friday.
Rahm Emanuel’s “other adversary” sidelined by top job
By Wayne Madsen
WMR has learned from inside sources in Washington that Secretary of State Hillary Clinton has actually been sidelined in her position as secretary of state by Barack Obama’s mega-powerful chief of staff, Rahm Emanuel.
Stampede by banks to beat bonus crackdown
Banks dependent on taxpayer support are planning to rush out hundreds of millions of pounds in bonuses to senior bankers and traders before a threatened crackdown.
Pentagon clashes with media over control of information
The black-and-white video starts with a mini-van locked in the crosshairs and the sound of a missile launching. A ball of fire suddenly consumes the van and a palm grove somewhere in Iraq.
Americans' doubts grow over stimulus bill
Americans voice growing concern over the cost of President Barack Obama's economic stimulus plans and assail as a weakness the disagreement in Washington over how to spend the money.
The Coming Fascism
By Karen Kwiatkowski
The Anderson-Obama interview this week wrapped by congressional hearings on government collusion with friends and relatives (otherwise known as the Bernie Madoff scandal) have brought forth only more government whining, moaning and self-justification. In them, we have also been given a pale notice of future full-fledged American fascism.
Why Did This Happen?
By Thomas J. DiLorenzo
Let us briefly review some of the more notorious behavior of the federal government in recent years that has spawned the current economic crisis.
Book gets Boston talking about RFK's search for JFK's killers
Robert F. Kennedy, the Attorney General and President Kennedy's younger brother, never did believe the Warren Commission despite his public refusal to contradict the official version of events.
The younger Kennedy began his own investigation the day of the murder convinced that members of the U.S. government were responsible for the shooting in Dallas. Author David Talbot perhaps sums it up best in his book Brothers. "Robert Kennedy did not resign himself to the lone gunman theory. On the contrary, he immediately suspected that President Kennedy was the victim of a powerful conspiracy. And he spent the rest of his life secretly searching for the truth about his brother's murder."
Wall St. employees accused in insider trading ring
Several Wall Street professionals and their relatives or friends were charged with running an insider trading ring with information on mergers and acquisitions, officials said on Thursday.
News Corp. loses $6.4 billion in 2Q
News Corp., the global media giant controlled by Rupert Murdoch, said Thursday it lost $6.4 billion in its most recent quarter because of a massive write-down in the value of its assets.
L.A. County threatens to withhold revenue from state
Los Angeles County supervisors threatened Tuesday to withhold county revenues from the state to pay for local health and social services, a move they say they have been forced to consider because Sacramento's budget stalemate has left them $105.6 million in the hole.
"We're declaring our own Boston Tea Party," Supervisor Gloria Molina said during Tuesday's board meeting, adding that refusing to turn over the money to state lawmakers "will make their pain more acute."
Bombs, choppers during military exercises startle residents - Louisiana
Residents in and around New Orleans have been hearing the sounds of low-flying helicopters and what sounds like bomb blasts over the past few nights, but the sounds are part of a training exercise for some of America's elite military troops.
Office of Naval Research gets $36 mil. for virtual training
The government has doled out $36 million to the Office of Naval Research in order to manage a "critical, one-of-a-kind futuristic training program" that will create virtual reality-like simulations of small-scale urban conflicts in order to prepare soldiers for the conflict they're likely to encounter overseas. Virtual reality-like simulations are an effective way to desensitize these kids in case their ever ordered to be used on the American people.
Is the US Government Preparing to Send Dissenters to Prison Camps?
By Jim Kouri
Within the last few weeks since Americans witnessed the transition between a Bush Administration to an Obama Administration, some conservatives have noticed an escalation in using the US military and military-style tactics to deal with "national security concerns." Such actions include use of army troops within US borders and the building of camps designed to house and control American citizens.
Greenwald: Cheney setting up Obama in anticipation of another terrorist attack
Rachel Maddow talks to Glenn Greenwald. I think the best argument Glenn made is that Cheney is setting the ground work for the media to attack Obama if we do get attacked and blame him if he ends some of the policies of the Bush administration which he knows were illegal but actually did nothing to keep us safe from terrorism and instead fostered it since the actions of the Bush administration have actually radicalized would be terrorists.
Russia to start Iran nuclear plant by year end
Russia plans to start up a nuclear reactor at Iran's Bushehr plant by the end of the year, the head of Russia's state nuclear corporation said on Thursday.
New Hampshire lawmakers: Obama’s plans would void Constitution
By Jake Jones
Obama’s plans for a federal handgun license, "hate crimes" laws to regulate Christians' speech about their own religious beliefs on homosexuality, President Obama's youth corps for mandatory public service and the so-called "Fairness Doctrine" to "balance" talk radio have New Hampshire Lawmakers telling Obama to basically grow up and get some better ideas. They say that if Obama's plans are implimented, it would constitute a nullification of the Constitution for the United States.
Keys to Understanding the Paradigm of the Founding Fathers
In our efforts to understand various concepts, particularly concepts that tend to be somewhat abstract, it is often useful to list some of the more critical principles upon which those concepts are designed or implemented.
Gun-Rights Testing Planned
Illinois congressman Bobby Rush, from Obama's home state and with a voting record on gun ownership as bad as Obama's, introduced a bill on the first day of the 111th Congress that shows what we can expect. If we don't defeat this bill, and others expected to follow it, gun owners will lose guns and the industry will suffer harm beyond description.
Indicted Miami Beach weapons dealer Efraim Diveroli is still making millions of dollars from the U.S. government.
Three men were arrested for mass murder in what local media dubbed "Albania's Hiroshima." Two of them were alleged accomplices to a 23-year-old Miami Beach-based arms dealer named Efraim Diveroli, who faces trial later this year on 83 counts of fraud and conspiracy for procuring Chinese-made ammo in Albania and selling it to the Pentagon.
Study: 9/11 lung problems persist years later
Researchers tracking Sept. 11 responders who became ill after working at the World Trade Center site found many had lung problems years later in a study the authors said proves persistent illness in people exposed to toxic dust caused by the twin towers' collap
High-Level CIA Officer: It Is Time to Re-Open the 9/11 Investigation
A decorated 20-year CIA veteran, who Pulitzer-Prize winning investigative reporter Seymour Hersh called "perhaps the best on-the-ground field officer in the Middle East”, and whose astounding career formed the script for the Academy Award winning motion picture Syriana (Robert Baer) said "the evidence points at" 9/11 having had aspects of being an inside job .
Policeman shoots Iraqi journalist after argument
A policeman in Iraq's stubbornly violent city of Mosul shot a local journalist twice in the head on Thursday afternoon, killing him, police said.
The Untold Story Beneath the Daschle Headlines
Though Obama won states like Ohio, Pennsylvania and Indiana on promises to challenge Wall Street and reform our trade policies, there has been a deliberate and calculated effort to stack the administration with the very Wall Street Democrats who created the problems he lamented.
Report: Bailed out companies spent $114 million on lobbying last year
How much of your hard-earned money did bailed-out financial firms use for lobbying? USA TODAY's Fredreka Schouten reports on a new analysis of the Troubled Assets Relief Program from the nonprofit Center for Responsive Politics.
US Treasury in plans for record debt sale
The US Treasury on Wednesday opened the floodgates of government bond issuance, revealing plans for a record debt sale in February and more frequent auctions in the months to come.
Madoff tipster is worried about his safety
The man who waged a decade-long campaign to alert regulators to problems in the operations of fallen money manager Bernard Madoff told Congress Wednesday that he had feared for his physical safety.
Watchdog: Treasury overpaid for bank stocks
A government watchdog group says the federal government overpaid for stocks and other assets from financial institutions under its $700 billion rescue program.
Officials: France eyeing NATO post in US
France is in talks on taking control of two NATO command posts, including a prestigious one in the U.S. that has never been led by a foreign commander, defense officials said Thursday.
Franken asks Minn. court to put him in Senate now
Lawyers for Democrat Al Franken told Minnesota's highest court Thursday that he should be certified as the winner of his tight Senate race with Republican Norm Coleman without waiting for the outcome of his rival's legal challenge.
Obama warns of need for stimulus bill right away
President Barack Obama warned on Thursday that failure to act on an economic recovery package could plunge the nation into a long-lasting recession that might prove irreversible, a fresh call to a recalcitrant Congress to move quickly.
Numerous States Introduce Legislation Affirming The Constitution
The legislatures of New Hampshire and Washington have just introduced bills declaring that they will not submit to the Unites States Government if the federal government acts unconstitutionally.
Parallels With the Great Depression
By Charles Scaliger
What began early last year as a "credit crunch" and an "economic downturn" is now being characterized as a "long, severe recession." Once upon a time, such a crisis was known as a "depression" before Americans became squeamish about such stark language.
The politics of bollocks
Supporters of the new US president refuse to admit that the "man of change" is, in fact, changing very little. It's time the Obama lovers grew up
Jobless claims surge to 626,000, highest since 1982
The number of new claims for state unemployment benefits surged to their highest level since 1982, according to official data released Thursday, a sign that the U.S. labor market is deteriorating at a rapid rate.
State employee: I get $93,803 for no work
As he tells it, Randall Hinton is paid $93,803 a year to do nothing. He spends much of his workday at the State Insurance Fund donning headphones, listening to rock 'n' roll, blues or classical tunes and his superiors are cool with that.
Who Owns America?
A clip from the 'drama-documentary-musical' "The American Ruling Class".
A New Administration, Tired Old Policies
By Steve Lendman
"....here's the most incredible thing of all: 18 months into the most spectacular man-made financial calamity in modern experience, nothing (that works) has been done (to reverse) bad incentives that (got) us here in the first place."
Madoff/SEC: Bush Holdovers Stonewall Financial Services Committee Investigation
Harry Markopolos testified before the House Financial subcommittee that his warnings as early as 2000 and on four subsequent occasions to the Securities and Exchange Commission about Bernie Madoff's fraud went unheeded, despite his having given them evidence. They could have confirmed as easily as asking Madoff for trade certificates to prove that he was actually making the trades he was representing to his clients - and discovering that he didn't have any. Markopolos said of the SEC investigators, "If you took a busload of them up to Fenway Park - they couldn't find first base."
Rethinking Diversification
By Catherine Austin Fitts
For our entire lives, most of us have depended on highly centralized systems. Our food comes from a thousand or more miles away. Our savings is shipped into distant financial centers and invested by strangers in enterprises run by strangers. We watch highly scripted news that serves the same spin no matter how many channels we try. We bank at impersonal global banks with criminal records that would make a felon blush and have no idea where our money goes, just that the government guarantees that we will get it back.
End the Fed
By Ron Paul
Before the US House of Representatives, February 4, 2009, introducing the The Federal Reserve Board Abolition Act, H.R. 833.
Drive-by reader for RFID drivers licenses and passport cards
Hacker and researcher Chris Paget has demonstrated the ability to read the globally unique serial numbers on RFID chips in passport cards and electronic drivers licenses in the purses and pockets of pedestians on the street from a passing car, at least 30 feet (9 m) away, and to make cloned copies that broadcast the same ID numbers, using a laptop computer and commercial surplus hardware bought on eBay for $250.
SEC pummeled as Madoff tipster testifies
Harry Markopolos, a former investment manager who tried to warn U.S. regulators about Bernard Madoff, joined lawmakers in blasting the Securities and Exchange Commission but said he was forwarding more tips to the agency.
