The darkest and most frightening echoes of the 2008 financial crisis that rocked the global economy were stirred over the past week as mega-bank JP Morgan Chase broke the news of a stunning $2 billion loss in a trading debacle similar to the kind that conspired to wreak the American economy only three-and-a-half years ago. [...]
` THE CIA WANTS TO KILL PEOPLE WITHOUT KNOWING WHO THEY ARE. COMFORTING, NO? (Washington Post) ` In what would be a severe and unprecedented escalation of America’s ongoing drone war around the globe, the CIA may be given the authority to dramatically escalate its persistent campaign of drone strikes against militant fighters in Yemen. [...]
THE OFT-TOLD LIE: CANADIAN TAR SANDS OIL, PIPED TO TEXAS REFINERIES, WILL REDUCE U.S. DEPENDENCE ON “FOREIGN” OIL. (Alternet) Jim Hightower points out that the “oil independence” justification of the Keystone XL pipeline belies the fact that the great cross-U.S. line, besides disrupting humans and eco-systems along its route, will have no effect on supplies [...]
FAMILIARITY BREEDS CONTEMPT: DOES ANYTHING MORE NEED TO BE SAID ABOUT THE MUTUAL HOSTILITY OF AMERICANS AND AFGHANS IN AFGHANISTAN? (Dissident Voice) In a season of near-daily assaults of Afghans on Americans or Americans on Afghans, Gary Leupp surveys some history and notes that this tends ever to be the case in “Empires” when domination [...]
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 [...]
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 [...]
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 [...]
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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