Ten major U.S. banks settled charges of illegally kicking people out of their homes for pennies on the dollar, under two agreements with the government announced this week. The biggest beneficiary is Bank of…
Category: EU
Lew received $900,000 bonus after bailout and played a role in betting against the housing market, triggering subprime crisis. President Obama’s pick to replace Timothy Geithner as Treasury Secretary has his own baggage. Jacob…
In November the largest chunk of new jobs came from retail and wholesale trade. Businesses gearing up for Christmas sales added 65,700 jobs or 45% of November’s 146,000 jobs gain. With December sales a disappointment,…
Iraq, Afghanistan, Palestine, and Libya are in shambles, crushed by the heavy boots of Western imperialism. But we are told to fear China. The entire nations of Indochina were bombed back to the stone age, because Western demi-gods would not tolerate, and felt they did not have to, tolerate, what some yellow un-people in Asia were really longing for. Vietnam, Cambodia, Laos – millions of tons of bombs dropped on them from strategic B-52’s, from dive-bombers, and from jet fighters. The falling bombs rained on the pristine countryside, murdering children, women, and water buffalo – millions of people perished. No apologies, no admission of guilt, and no compensation came from the tyrant-nations.
The People’s Republic of China (PRC) is attempting to establish a modus vivendi with the new political order in Myanmar. With the violent government crackdown on demonstrators at a copper mine-site at Monywa, in northwestern…
If Barack Obama were to marshal America’s vast scientific and strategic resources behind a new Manhattan Project, he might reasonably hope to reinvent the global energy landscape and sketch an end to our dependence on…
Introduction Democracy, a form of representative government where regional segments of a population choose their leaders, has been generally defined as “government of the people, by the people, for the people”. But this is all…
For years activists and researchers have been predicting that the ruling class would begin coming out of the shadows when the world was on the verge of economic collapse, to offer the preplanned solution to the problem that they themselves created. Interestingly enough, in the past week two different members of the Rothschild family have come forward in rare media appearances and editorials to give their comments on the global financial crisis and its implications. They have not yet announced the establishment of a one world currency or massive tax hikes yet, but that’s what many are expecting. Right now though, it seems as if they are just getting warmed up to the media and setting the tone for future political action. Just afew days ago I reported on an interview that Sir Evelyn de Rothschild had with a well established British news source. In the interview, Rothschild discussed the need to “reinvent capitalism”, referencing the work of John Maynard Keynes and Karl Marx in a positive light.
In another shameful decision by the US Department of Justice, earlier this month federal prosecutors reached a deferred prosecution agreement (DPA) with UK banking giant HSBC, Europe’s largest bank. Shameful perhaps, but entirely predictable. After…
CHINA has fined six overseas LCD panel makers including Samsung and LG a total of 144 million yuan (US$22.8 million) for manipulating prices, its top economic planning agency said yesterday. It is the first time…