31 January 2014 — Corpwatch Holding Corporations Accountable
Goldman Sachs, the Wall Street investment bank, is being sued in London for selling Libya “worthless” derivatives trades in 2008 that the country’s financial managers did not understand. Libya says it lost approximately $1.2 billion on the deals, while Goldman made $350 million.
3 December 2013 — Occupy.com
Serbia’s Srdja Popovic is known by many as a leading architect of regime changes in Eastern Europe and elsewhere since the late-1990s, and as one of the co-founders of Otpor!, the U.S.-funded Serbian activist group which overthrew Slobodan Miloševi? in 2000. Continue reading this...
25 August 2013 — Land Destroyer
The “evidence” upon which the West is propping up its narrative of the Syrian government using chemical weapons against large numbers of civilians hinges so far entirely on claims made by “Doctors Without Borders.” In the New York Times article, “Signs of Chemical Attack Detailed by Aid Group,” it is reported: Continue reading this...
Morgan Stanley, one of the largest banks in the United States, reported a 66% increase in earnings in July over the same period last year. Morgan Stanley had taken more than $107 billion of U.S. taxpayer money through the bailout programs in the wake of the financial crisis that it helped to create, making it the largest U.S. recipient of bailout funds. Continue reading this...
Just recently, in late July, Wells Fargo surpassed the Industrial and Commercial Bank of China (ICBC) as the world’s largest bank by market capitalization. This followed Wells Fargo reporting a 19% increase in profits over the second quarter as the bank has been busy consolidating the housing market while other big banks have retreated from it. Wells Fargo had amassed a share of almost 40% of the U.S. mortgage market by early 2013.
11 April 2013 — grtv
The recent bail-in in Cyprus has given the world a glimpse at the future of the banking landscape. Now, as Canada gets set to hardwire the bail-in process into law, analysts like Michel Chossudovsky are warning how the big banks can use this template to further consolidate their monopoly of economic control. This is the GRTV Backgrounder on Global Research TV.
The EyeOpener Video Report- Chatham House Rules: Inside the Royal Institute of International Affairs
15 January 2013 — Boiling Frogs
The Council on Foreign Relations is well known amongst researchers of parapolitics as one of the organizations of interest directing Washington’s foreign policy. Once derided as “conspiracy theory” the influence of the group is now a truism that is openly joked about in Washington’s foreign policy circles. Continue reading this...
5 December 2012 — The Bullet • Socialist Project • E-Bulletin No. 739
The appointment of Mark Carney as next Governor of the Bank of England has been greeted with universal acclaim. In the House of Commons Ed Balls was quick to congratulate Chancellor George Osborne on his choice, and on the evening TV news both former Chancellor Alistair Darling and self-styled monetary maverick David Blanchflower were of the same opinion. Here was a giant of financial regulation, with a PhD in economics, ten years at Goldman Sachs, singlehandedly responsible for guiding Canada to the quickest post-2008 recovery among the G7 countries, and appointed in 2008 to chair the Financial Stability Board set up by the G20. So what’s not to like?
27 November 2012 — Fairness and Accuracy in Reporting
CBS turns to benefit-cutting bosses for ‘fiscal cliff’ commentary
The CBS Evening News has decided the best way to inform viewers about the impending “fiscal cliff” is to let corporate CEOs affiliated with the Fix the Debt campaign recommend cuts to Social Security and Medicare. Continue reading this...
Truthout 15 March 2012: Barbara Ehrenreich | How We Cured “the Culture of Poverty,” Not Poverty Itself
15 March 2012 — Truthout
How We Cured “the Culture of Poverty,” Not Poverty Itself
Barbara Ehrenreich, TomDispatch: “Fifty years later, a new discovery of poverty is long overdue. This time, we’ll have to take account not only of stereotypical Skid Row residents and Appalachians, but of foreclosed-upon suburbanites, laid-off tech workers, and America’s ever-growing army of the working poor. And if we look closely enough, we’ll have to conclude that poverty is not, after all, a cultural aberration or a character flaw. Poverty is a shortage of money.”
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