Treasury
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Larry Summers and the Secret “End-Game” Memo By Greg Palast
The Memo confirmed every conspiracy freak’s fantasy: that in the late 1990s, the top US Treasury officials secretly conspired with a small cabal of banker big-shots to rip apart financial regulation across the planet. When you see 26.3% unemployment in Spain, desperation and hunger in Greece, riots in Indonesia and Detroit in bankruptcy, go back… Continue reading
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American Power and the Making of British Capitalism By Jeremy Green
On the opening page of their superb work on the political economy of the American Empire, Leo Panitch and Sam Gindin outline the fundamental premise of their study: that the American state has played ‘an exceptional role in the creation of a fully global capitalism and in coordinating its management, as well as restructuring other… Continue reading
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Billionaire Burglar Breaks into Obama's Cabinet By Greg Palast
A parade of media reports this week name Penny Pritzker as Obama’s prime choice for Secretary of Commerce. No longer will criminal bankers have to lobby the administration – because now they’ll have one of their own in the Cabinet. Continue reading
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Reshaping Fiscal Policies In Europe: Enforcing Austerity, Attacking Democracy By Hugo Radice
These proposals, when fully implemented, will not only enforce a permanent regime of fiscal austerity, but also further remove macroeconomic policy from democratic control. For these reasons they need to be vigorously fought right across Europe. But if readers in the UK imagine that they are not affected, since we are not in the Eurozone,… Continue reading
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America’s Deceptive 2012 Fiscal Cliff By Michael Hudson
When World War I broke out in August 1914, economists on both sides forecast that hostilities could not last more than about six months. Wars had grown so expensive that governments quickly would run out of money. It seemed that if Germany could not defeat France by springtime, the Allied and Central Powers would run… Continue reading
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Audio: The unstable politicians in the US are dangerous – WikiLeaks spokesperson
In an exclusive interview with the Voice of Russia, WikiLeaks official spokesperson Kristinn Hrafnsson speaks about the Freedom of the Press Foundation and their new initiative to provide help and assistance to members of the press who are being persecuted for seeking to tell the truth. In particular the FPF offers a way to circumvent… Continue reading
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Released: WikiLeaks cash blockade ‘ordered’ by American ‘hard-right’
WikiLeaks has released European Commission documents which allegedly show ‘hard-right US politicians’ orchestrated an ‘extrajudicial’ banking blockade against the whistle-blowing site. Continue reading
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Released: WikiLeaks cash blockade 'ordered' by American 'hard-right'
WikiLeaks has released European Commission documents which allegedly show ‘hard-right US politicians’ orchestrated an ‘extrajudicial’ banking blockade against the whistle-blowing site. Continue reading
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European Parliament votes to protect Wikileaks against financial blockade
In a landmark decision today the European Parliament initiated the drafting of legislation that would stop the arbitrary banking blockades against WikiLeaks and other organizations facing economic censorship. Continue reading
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Video: The Inside Man By Michael Hudson
The word is out: Treasury Secretary Geithner is the inside man for Wall St according to an explosive new book. The second half of this Keiser Report covers this latest machination in the world of financial crime. Continue reading
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On 9/11 Doubts Were Immediate By Dr. Paul Craig Roberts
The TV news anchors compared the disintegration of the towers to controlled demolition. There were numerous reports of explosions throughout the towers from the base or sub-basements to the top. (Once the government put out the story of terrorist attack, references to controlled demolition and explosions disappeared from the print and TV media.) This made… Continue reading
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Video: Bill Black Reports: LIBOR and HSBC
Bill Black, author of “The Best Way To Rob a Bank is to Own One” begins a regular TRNN feature reporting on financial news Continue reading
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How to Make Robin Hood Proud BY David Moberg
Tax Wall Street,’ read a simple, homemade placard high above the crowd of thousands of members of unions, community groups and Occupy activists protesting outside the mid-October convention of bankers and futures traders in downtown Chicago. Curtis Smith, president of the local affiliate of National People’s Action, a network of community organizations focused on the… Continue reading
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Keiser Report: Bankers & Aliens (E175)
This week Max Keiser and co-host, Stacy Herbert, notice that looking back is not an option when all the evidence is destroyed by the SEC and Max tries to explain the gold / Treasury conundrum. In the second half of the show Max talks to Catherine Austin Fitts about exponential fraud and the financial coup… Continue reading
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Pakistan TV Report Contradicts US Claim of Bin Laden’s Death By Paul Craig Roberts
In Bashir’s account, every member of the landing party and anyone brought from the house died when the helicopter exploded on lift-off. I wrote that a qualified person could easily provide a translation of the interview, but that no American print or TV news organization had investigated Bashir’s account. Continue reading
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Washington Plans Further Actions against Venezuela By Eva Golinger
The US government has been increasing aggressive actions against the Chavez administration in an attempt to isolate the major petroleum-producing nation and aid in ousting the Venezuelan President. Continue reading
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The West is Trapped in its Own Propaganda By Paul Craig Roberts
One of the wishes that readers often express to me came true on May 11. I was on the mainstream media. It was a program with a worldwide reach–the BBC World Service. There were others on the program as well, and the topic was Hillary Clinton’s remarks (May 10) about the lack of democracy and… Continue reading
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The Ecstasy of Empire: How Close Is America’s Demise? Without a revolution, Americans are history By Paul Craig Roberts
The last Bush budget deficit (2008) was in the $400-500 billion range, about the size of the Chinese, Japanese, and OPEC trade surpluses with the US. Traditionally, these trade surpluses have been recycled to the US and finance the federal budget deficit. In 2009 and 2010 the federal deficit jumped to $1,400 billion, a back-to-back… Continue reading
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Media Lens: ‘Complicit Enablers’ – UK Media Ignore US Whistleblowers
11 June, 2008 — MEDIA LENS: Correcting for the distorted vision of the corporate media In April 2006, George Bush bade farewell to his outgoing White House press secretary, Scott McClellan: “One day he and I are going to be rocking on chairs in Texas talking about the good old days and his time as Continue reading
The New Dark Age 