The Perfect Storm
Robert Reich RSN It’s a perfect storm. And I’m not talking about the impending dangers facing Democrats. I’m talking about the dangers facing our democracy….
Economy
From Global Depression to Global Governance
The role of the corporate elites’ secretive global think tanks Andrew Gavin Marshall Global Research The following is the text of Andrew Gavin Marshall’s presentation…
Wall Street, White House blame homeowners in foreclosure crisis
Tom Eley Global Research Wall Street has raised its voice against any government moratorium on foreclosures, even as evidence mounts that banks systematically and illegally…
IMF chief warns recovery ‘in peril’
AFP The head of the IMF on Monday warned central bankers that the global recovery would be “in peril” if the world’s major economies do…
U.S. Debt Woes Expose Hidden Austerity and Looting of Public Assets
Eric Blair Activist Post The austerity sharks are circling their wounded prey. The U.S. economy continues to collapse amid dwindling stimulus funds, while states are…
Doomsday Denial: Collapse 2.0 looms as UK calm before storm
YouTube — RT The UK is bracing itself to hear about public spending cuts worth tens of billions of pounds. The coalition government will reveal…
Facing Foreclosure: Demand to see your mortgage note
Activist Post In our most recent weekly newsletter, our Action Item was Fraudclosure. The magnitude of the banking fraud that has taken place, and the…
Big Banks, Hedge Funds Become Surrogate Tax Collectors
Youtube – HuffPostFund Wall Street titans have a new sweet spot — as surrogate tax collectors. They see profits in tacking on fees and threatening…
Winning The Currency War: The Unleashing of a “Financial Nuclear War”
Dees Illustration Matthias Chang Global Research Let us be very clear about the impact of the coming massive Quantitative Easing (QEII) by the FED, the…
IMF sets central bank meeting in Shanghai Monday
Veronica Smith AFP WASHINGTON — The International Monetary Fund on Friday said it will hold a high-level conference of central bank governors in Shanghai next…
Poverty In Suburbs Increasing Rapidly During Economic Downturn
Suburban Slums – GETTY image Hope Yen Associated Press WASHINGTON — The American suburb is no longer a refuge from poverty in cities. A pair…
Obama-Goldman Sachs Administration Sides with Banks on Foreclosure Moratorium
Kurt Nimmo Infowars It was predictable. Obama and his Goldman Sachs insiders have sided with Bank of America and JP Morgan on the growing call…
How Countrywide Covered the Cracks
Angelo R. Mozilo CEO – Countrywide Financial Gretchen Morgenson NY Times ON June 27, 2006, Countrywide Financial, the nation’s largest mortgage lender, was about to…
Mortgage Damage Spreads
Big Bank Stocks Hit Again as Modern Finance Collides With the Legal System Nick Timiraos, Jessica Silver-Greenberg, Dan Fitzpatrick Wall Street Journal The unfolding foreclosure-processing…