Source – rabble.ca/ – For many in the Global North, certain countries only appear on our radar screens as discount winter vacation hotspots. Other times, when natural disaster strikes, these countries serve as empathy-building backdrops to raise millions for charities that, after skimming some off the top, may distribute some of the contributions for the…
Source – usuncut.com – Unlike the Department of Justice, Iceland is focusing on prosecuting the CEOs rather than low-level traders: In a move that would make many capitalists’ head explode if it ever happened here, Iceland just sentenced their 26th banker to prison for their part in the 2008 financial collapse. In two separate Icelandic…
Source – wallstreetonparade.com – Just when you thought Wall Street’s heist of the U.S. financial system couldn’t get any crazier, along comes a regulator’s report on FDIC-insured banks exposure to derivatives. According to the Office of the Comptroller of the Currency (OCC), one of the regulators of national banks, as of June 30 of this…
Source – counterpunch.org – Globalization of trade and central banking has propelled private corporations to positions of power and control never before seen in human history. Under advanced capitalism, the structural demands for a return on investment require an unending expansion of centralized capital in the hands of fewer and fewer people. The financial center…
Source – neilkeenan.com – The history behind the Global Collateral Accounts is vast and complex, and reaches back some 250 years. For the purposes of this brief overview, we will focus on two key elements which are now headlining stories around the world: debt, and gold. The Western banking oligarchy’s current global control can be…
Source – http://www.zerohedge.com – On of the key things to understand about the massive, coordinated, global easing effort on which central banks have embarked since the financial crisis is that these policies have served to widen the gap between the rich and poor. Ben Bernanke – and plenty of other vaunted central planners for that…
Source – theguardian.com – Europe has seen nothing like this for 70 years – the visible expression of a world where order is collapsing. The millions of refugees fleeing from ceaseless Middle Eastern war and barbarism are voting with their feet, despairing of their futures. The catalyst for their despair – the shredding of state…
Source – internationalman.com – I’d like to address some aspects of the Greater Depression in this essay. I’m here to tell you that the inevitable became reality in 2008. We’ve had an interlude over the last few years financed by trillions of new currency units. However, the economic clock on the wall is reading the…
Source – strategic-culture.org – As of 5 October 2015, a super-secret 12-nation treaty called TPP is set to be signed by the 12 nations, and the terms of this massive international contract will be kept secret until the contract has been in force for four years, at which time the contents might (but won’t necessarily)…
Source – webofdebt.com – The Fed is privately owned. Its shareholders are private banks: “The one aim of these financiers is world control by the creation of inextinguishable debt” – Henry Ford, – “Some people think that the Federal Reserve Banks are United States Government institutions. They are private monopolies which prey upon the…
Source – theinternationalforecaster.com – Good news, everybody! The markets are rebounding! Yes, we just a hit a minor bump in the road there, but don’t worry, everything is back to normal now. Let’s forget about the tail end of last week and this week’s Black Monday, shall we? Pay no mind to the uncomfortable lowlights…
Source – washingtonsblog.com – The housing market peaked in 2005 and proceeded to crash over the next five years, with existing home sales falling 50%, new home sales falling 75%, and national home prices falling 30%. A funny thing happened after the peak. Wall Street banks accelerated the issuance of subprime mortgages to hyper-speed. The…
Source – sovereignlife.com – The world is enslaved to an economic system designed to create tremendous power and wealth for those who own the system, while forcing the rest of us into mathematically insurmountable debt and the stagnation, austerity and poverty that comes with it. Corrupt and patently unsustainable, the world’s currencies and financial markets are…
Source – ericpetersautos.com – Democracy is an incredibly successful long con. It works because of the illusion of consent. People actually believe they are “represented.” And so, they accept impositions that would otherwise be intolerable, if imposed on them by a king or a fuhrer or generalissimo. But when the “people” have decided… . Except…
Source – gallup.com – Three in four Americans (75%) last year perceived corruption as widespread in the country’s government. This figure is up from two in three in 2007 (67%) and 2009 (66%). While the numbers have fluctuated slightly since 2007, the trend has been largely stable since 2010. However, the percentage of U.S. adults…
Source – theintercept.com – A Seattle housing activist on Wednesday uploaded an explosive land-record audit that the local City Council had been sitting on, revealing its far-reaching conclusion: that all assignments of mortgages the auditors studied are void. That makes any foreclosures in the city based on these documents illegal and unenforceable, and makes the…
Source – alternet.org – In 1992, Ross Perot won almost 20% of the entire presidential vote on the single issue of stopping so-called “free trade.” Today, several presidential candidates are gaining huge traction with similar opposition to NAFTA, CAFTA, and the upcoming Southern Hemisphere Asian Free Trade Agreement (SHAFTA, now called the Trans-Pacific Partnership or…
Source – phoenixcapitalresearch.com – The Powers That Be know another Crisis is coming: Behind the veneer of “all is well” being promoted by both world Governments and the Mainstream Media, the political and financial elite have begun implementing moves to prepare for the next Crisis. One of the clearest is the decision to accept physical…
Source – madcowprod.com – According to the DEA—which, caveat emptor, lies like a dog when it suits its purposes—El Chapo Guzman’s Sinaloa Cartel “supplies 80% of the heroin, cocaine, marijuana and methamphetamine, with a street value of $3 billion, that floods Chicago each year.” Though it seldom comes up, that flood flows both ways. And…
Source – tetrahedron.org – For the Bush family, it is a lingering nightmare. For their Nazi clients, the Dutch connection was the mother of all money laundering schemes. From 1945 until 1949, one of the lengthiest and, it now appears, most futile interrogations of a Nazi war crimes suspect began in the American Zone of…
Source – paulcraigroberts.org, By Paul Craig Roberts – The great problem with corporate capitalism is that publicly owned companies have short time horizons. Unlike a privately owned business, the top executives of a publicly owned corporation generally come to their positions late in life. Consequently, they have a few years in which to make their…
Source – wallstreetonparade.com – The riveting writer, Michael Hudson, has read our collective minds and the simmering anger in our hearts. Millions of American have long suspected that their inability to get financially ahead is an intentional construct of Wall Street’s central planners. Now Hudson, in an elegant but lethal indictment of the system, confirms…
Source – globalresearch.ca – Investigative reporters have discovered that IMF bailout funds intended for Ukraine have mysteriously found their way to a Cyprus bank account controlled by notorious Ukrainian oligarch Ihor Kolomoyskyi. A huge chunk of the $17 billion in bailout money the IMF granted to Ukraine in April 2014 has been discovered in a bank account in Cyprus controlled by exiled…
Source – right.is – In a discussion the other day I was asked to elaborate on the “rigged casino” reference used when describing the stock markets for they understood the “gambling” aspect implied, yet also knew from reading myself or others, there was more too it than just that, and were trying to see past…
Source – mintpressnews.com – The private prison industry has become an increasingly lucrative business, as the companies running them seek to increase profits by cutting inmates’ food provisions while pressuring state governors to guarantee prisons remain 90 percent full at all times. In recent years, for-profit prisons have grown in popularity. The number of private…
Source – wakingtimes.com – The economy is collapsing and the stock market is crashing… again. Is this crash the big one, or is it just another hiccup on the slow road to certain doom? Should we stampede or continue to graze? “The bubbles must continue until morale improves.” –Max Keiser For those who’ve shouldered the responsibilty of…
Source – collectivelyconscious.net – We sacrifice our precious time as living mammals in order to receive money. In doing so, we often compromise our health. We then sacrifice our money in order to improve our health so that we can continue to sacrifice time for money. The world tells us we need pieces of paper…
Source – stuartjeannebramhall.com – Catastroika is a Greek documentary on neoliberalism, with a specific focus on the privatization of publicly owned resources. Although it makes no mention of historian Richard Linebaugh, its depiction of the neoliberal privatization movement provides an elegant illustration of the ongoing theft of the Commons (see Stop Thief: the Theft of the…
Source – paulcraigroberts.org – Are we witnessing the corruption of central banks? Are we observing the money-creating powers of central banks being used to drive up prices in the stock market for the benefit of the mega-rich? These questions came to mind when we learned that the central bank of Switzerland, the Swiss National Bank,…
Source – therussophile.org – Today most people are so consumed by their day-to-day problems that at times they tend to completely overlook the danger of certain medicines, vitamins and supplements that Western pharmaceutical companies sell them in order to get some profit. These people are careless, since they are only concerned with dealing with immediate issues…
Source – theatlantic.com – On May 27, in her first major prosecutorial act as the new U.S. attorney general, Loretta Lynch unsealed a 47-count indictment against nine FIFA officials and another five corporate executives. She was passionate about their wrongdoing. “ The indictment alleges corruption that is rampant, systemic, and deep-rooted both abroad and here…
Source – collectivelyconscious.net – Senator Sanders, in his no-nonsense approach, released a report identifying 18 CEOs responsible for wrecking the economy. Bernie Sanders is the underdog in the American political race, but he’s quickly gaining momentum as a prime candidate to lead the US, as his no-nonsense, candor approach is appreciated by many – especially…
Source – alternet.org – For every dollar they give, they take 44 from the rest of us: America’s parasitical oligarchs are masters of public relations. One of their favorite tactics is to masquerade as defenders of the common folk while neatly arranging things behind the scenes so that they can continue to plunder unimpeded. Perhaps…
RIELPOLITIK 