The federal government’s case against banks for duplicitous and potentially illegal mortgage practices may be reaching an unsatisfactory final settlement even as one of the largest perpetrators of foreclosure fraud takes outrageous steps to block further investigation into their actions at the height of the housing crisis. Tens of millions of homeowners remain “underwater,” owing [...]
STATE OF THE UNION? AWFULLY SHAKY. STATE OF GLOBAL CORPORATE PROFITS? NEVER BEEN BETTER. AND THERE LIES THE HEART OF AMERICA’S JOBS CRISIS… (Robert Reich) President Obama delivered his fourth State of the Union address to Congress last night, brimming with optimism and laying out another laundry list of proposals and wonderful plans that, as [...]
US AND BRITISH FOREIGN AND DOMESTIC POLICIES: THE NEW BOSS IS LIKE THE LAST BOSS IS LIKE THE NEXT BOSS. (John Pilger) This is the essence of a new essay by British journalist John Pilgar. Moved by the death of a long-time protester of the Anglo-American decision in the 1960s to “clear” the Indian Ocean [...]
FIDEL CASTRO: LOOKING INTO THE ABYSS. (Global Research) The former head of the Cuban government, still ostracized as a “dictator” by world governments and media, pens for Global Research a message for the year 2012, the year of the 50th anniversary of the October 1962 revolution that swept his movement into power. The 85-year-old Castro [...]
House padlocked? Pet bird kidnapped? Threatening letters arriving in the mail for no apparent reason? Be careful, because America’s biggest bank is also its biggest perpetrator of fraudulent foreclosures, and it may be coming after you… Bank of America, already neck-deep in litigation and fallout from rampant fraud and mistakes relating to its booming post-recession foreclosure business, has another [...]
“GIRL WITH THE DRAGON TATTOO” THROWS A SHAFT OF LIGHT ON THE “BANALITY OF EVIL” IN SWEDEN. (Counterpunch) The recently-released movie features a graphic depiction of torture and rape by police agents in the “liberal” country. A U.S. investigative journalist living in Sweden, Ritt Goldstein, uses the movie’s theme to comment on what seems to [...]
Executives at two giants of the US mortgage industry were fingered by the federal government as perpetrators of fraud in one of the few cases ever to come out of the 2008 financial meltdown despite its consequences nearly bringing down the global economy. And in a political twist, President Obama and his potential election challenger [...]
WAR WITH IRAN “JUST A PROVOCATION AWAY?” (Global Research) Separate articles in Global Research suggest that is a very real possibility. Patrick Buchanan notes the eerie similarity between 1941 and 2011, in both of which powerful forces in U.S. government were intent on drawing another country into a war. Secretary of War Henry Stimson said [...]
WHAT DO PUBLIC AGENCIES DO WHEN THEY FACE A BUDGET DEFICIT? WHY, THEY CUT SERVICES OF THEIR PUBLIC LIBRARIES OF COURSE. (The Nation) Just as free library services are all the more urgently-needed in difficult economic times, these “times” bring with them the pressure to reduce public expenditures for them. This is symbolized in the [...]
CRISIS IN PAKISTAN: “THEY DEMONSTRATE COMPLETE DISREGARD FOR INTERNATIONAL LAW AND HUMAN LIFE, AND ARE IN STARK VIOLATION OF PAKISTANI SOVEREIGNTY.” The already-crumbling relationship between the United States government and Pakistan was dealt a new blow over the weekend when 25 Pakistani soldiers were killed in an air strike launched by US forces. It was [...]
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