Below is a Chapter from Max Blumenthal’s newly released book “Goliath: Life and Loathing in Greater Israel.” Many who use alternative media as their news source will appreciate the veil Blumenthal is lifting by exposing not only the racism that permeates Israeli society but how it came about and who is responsible. [Read more…]
Listen to this weeks Corbett Report Podcast by clicking HERE
Update on Iceland –Economy Mend Iceland Stuffs Bankers Second Time
“Icelanders have rejected a depositor claims agreement with Britain and Netherlands for a second time in as many years as voters signalled they did not want tax funds to cover foreign losses by a private bank.
Initial results showed 59.1 per cent of voters said ”no” to the so-called Icesave agreement, while 40.9 per cent said ”yes”, based on figures published by a regional electorate commission, with about 90 per cent of votes counted.
”This matter will now be settled in the European Free Trade Association’s court,” Prime Minister Johanna Sigurdardottir said.
The government had hoped Icesave would restore investor relations and end the isolation that has stalled Iceland’s resurrection from its banking collapse.”
Click on headline to read the rest of this story.
by Paul Craig Roberts
This essay is about three recent books that explain how we lost our economy, the Constitution and our civil liberties, and how peace lost out to war.
Matt Taibbi is the best — certainly the most entertaining — financial/political reporter in the country. There is no better book than Griftopia (2010) to which to turn to understand how stupidity, greed, and criminality, spread evenly among policymakers and Wall Street, created the financial crisis that has left Americans overburdened with both private and public debt. Taibbi walks the reader through the fraudulent financial instruments that littered the American, British, and European financial communities with toxic waste. He has figured it all out, and what in other hands might be an arcane account for MBAs is, in Taibbi’s hands, a highly readable and entertaining story.
For the first 65 pages, Taibbi entertains the reader with the inability of the public and politicians to focus on any reality. The financial story begins on page 65 with Fed chairman Alan Greenspan undermining the Glass-Steagall Act leading to its repeal by three political stooges, Gramm-Leach-Bliley. This set the stage for the banksters to leverage debt upon debt until the house of cards collapsed. When Brooksley Born, head of the Commodity Futures Trading Commission, attempted to do her regulatory job and regulate derivatives, the Federal Reserve, Treasury, and Securities and Exchange Commission got her bounced out of office. To make certain that no other regulator could protect the financial system and its participants from what was coming, Congress deregulated the derivatives markets by passing the Commodity Futures Modernization Act. [Read more…]
h/t by Paul Joseph Watson
The anticipation can finally be realized as today sees the launch of Invisible Empire: A New World Order Defined, the powerful new documentary which will put the final nail in the coffin of any doubts that a dictatorial elite is openly setting up an authoritarian system of world government designed to concentrate power and crush the freedom and living standards of the middle class.
The Infowars team have poured 18 months of blood sweat and tears into a film that represents a call to action for Infowarriors around the globe to use this tool as a means of unlocking millions more minds from the matrix. [Read more…]