PORTUGAL: WHAT HAPPENS WHEN AUSTERITY DOESN’T WORK… (New York Times) Greece is in flames, with hundreds of thousands of citizens taking to the streets and clashing with authorities over more mandated austerity measures that bankers and financiers claim are a vital step on the path to economic recovery for Europe. Greece is in bad shape, [...]
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 [...]
AS WORLD PRAYS FOR PEACE ON EARTH, PENTAGON PREPARES FOR FULL SPECTRUM DOMINANCE OF THAT EARTH (Global Research) Michel Chossudovsky and Finian Cunningham, for Global Research, review the history across presidential administrations from Truman to Obama, and embracing the leadership of both major U.S. parties of an agenda of promoting what George H.W. Bush called [...]
THE HEADLINES
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 [...]
“THE PROBLEM IS NOT THAT PEOPLE LIKE WARREN BUFFETT PAY AT A 17 PERCENT RATE, IT’S THAT THEY CAN USE COMPLEX TRANSACTIONS NOT AVAILABLE TO MOST AMERICANS TO GET CASH FROM THEIR APPRECIATED STOCK WITHOUT PAYING ANY TAXES AT ALL.“ That America’s wealthiest taxpayers enjoy their lowest tax rates in decades is only a fraction [...]

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