Over the past several years I have discovered a lot of great documentaries on the Internet. The frustrating part was trying to find them again for friends. Thus I started Video Journal(s).   This Video Journal is about corruption, crony capitalism and corporate/Wall Street GREED.

I don't think people understand what Wall Street's GREED has gotten us into. Sure we all know about the 700 billion dollar TARP bail-out, and the 18 trillion dollars national debt.  But, I don't think people are aware of all the trillions of dollars the FED (Federal Reserve) has loaned to the Wall Street Banks, which doesn't trickle down to main street, or the 700 trillion-to-1.2 quadrillion dollar derivatives bubble(s) that the World's banks are sitting on.

Friday January 19, 2018

House Passes Spending Bill, But Shutdown Threat Remains
HP | Matt Fuller | 01/18/18

The House voted 230-197 for the four-week continuing resolution, with 11 Republicans voting no and six Democrats voting for it. A couple of hours later, Senate Majority Leader Mitch McConnell (R-Ky.) set up a vote to end debate on the spending bill, and then promptly delayed it.

Senate Minority Leader Chuck Schumer (D-N.Y.) urged Republicans to hold the vote now, so Democrats could demonstrate that Republicans didn't have the votes and lawmakers from both sides could work toward a different solution. But McConnell wasn't having it. Now the Senate appears likely to vote Friday on ending debate, and unless something changes overnight, that vote still looks like it will fail. ... Read more

9 Million Kids Could Lose Their Health Care Because The GOP Wants To Shame Democrats
HP | Jeffrey Young | 01/18/18

Here we go again: Health care for 9 million kids could disappear as soon as Friday because the majority-Republican Congress can't get out of its own way.

Friday also is the day the entire federal government might shut down because infighting among congressional Republicans over immigration, military spending and other issues has left House Speaker Paul Ryan (R-Wis.) and Senate Majority Leader Mitch McConnell (R-Ky.) seemingly without the votes they need to pass yet another short-term spending bill. ... Read more

International Approval Of US Leadership Drops To New Low

What if H.R. McMaster Is Right About North Korea?
TheAtlantic | James Jeffrey | 01/18/18

In the increasingly urgent, dramatic debate about the North Korean nuclear threat, National Security Adviser H.R. McMaster stands out in the Trump administration as the strongest advocate of a hawkish position. But where do H.R. McMaster's views on North Korea really come from?

Why, to pose a question The Atlantic's Uri Friedman recently did, is he so worried about North Korea? Notwithstanding the suggestion, in Friedman's piece and elsewhere, that McMaster's views represent some kind of heresy of nuclear deterrence, his worries must be seen in light of how he views Kim's motives. Indeed, those motives mean the possibility of military action against North Korea could be understood not as a "good thing," but as the "least bad." ... Read more

White House Press Briefing 01/17/18
White House Press Briefing 01/17/18 | White House | 01/17/18 | 35:54

Hawaii missile mess: That was no 'wrong button.' Take a look.
WashingtonPost | Fred Barbash | 01/16/18

Pushing the "wrong button" was the explanation provided in an official timeline for that false warning that scared the devil out of people in Hawaii on Saturday morning alerting them to an incoming ballistic missile that never was. "The wrong button was pushed," declared Vern Miyagi, head of the state's emergency management agency.

But as The Washington Post's Amy Wang reported, the errant employee actually was working with a drop-down menu on a computer program, from which the official chose the wrong item. ... Read more

Democracy Now! U.S. and World News Headlines for Friday, January 19 [12:38]
Democracy Now! U.S. and World News Headlines for Friday, January 19 (FULL) | 59:02
Note: on the full 59:02 video look for small white (or black) circles on the Progressbar they denote the different news stories. You can move the pointer on the Progressbar to jump to each story, and around the video.
  1. Headlines
  2. As Shutdown Looms over Immigration, Trump's Rejection of Refugees Could Have Global Domino Effect
  3. Keeanga-Yamahtta Taylor: Democratic Party Faces Reckoning for Purging Sanders Supporters
  4. Keeanga-Yamahtta Taylor on "How We Get Free: Black Feminism and the Combahee River Collective"
Bob Henson -> 2017 Hottest Year On Record Without El Nino Push | TRNN | 01/19/18 | 13:41
Bill Black -> IRS Private Debt-Collection Program is 'Indefensible' | TRNN | 01/19/18 | 6:30
Mulvaney Requests ZERO Dollars To Fund CFPB | TYT | 01/18/18 | 6:59
Trump Administration is changing the CFPB Mission Statement from:
Republicans Hold Sick Kids Hostage And Lie About It | TYT | 01/18/18 | 9:47
Friday News Roundup -- Domestic | 1a.org | 01/19/18 | 1hr
Friday News Roundup -- International | 1a.org | 01/19/18 | 1hr

Sketchy Kazakh Money Finds Its Way Into President Donald Trump's Dealings | Rachel Maddow | MSNBC | 01/18/18 | 20:11
President Donald Trump's Attorney Used Private Company To Pay Porn Star | Morning Joe | MSNBC | 01/19/18 | 13:30
Joe: GOP Currently On Losing Side Of History | Morning Joe | MSNBC | 01/19/18 | 5:21
Heilemann: GOP Putting Itself On Path To Political Irrelevance | Morning Joe | MSNBC | 01/18/18 | 11:08
Is Steve Bannon Ready To Tell All? | Velshi & Ruhle | MSNBC | 01/18/18 | 12:13
The Late Show with Stephen Colbert
General Kelly: Trump's Wall Promises Were 'Not Fully Informed' | Stephen Colbert | 01/19/18 | 6:51
The Fake News Awards Were Worth The Wait (Fake News) | Stephen Colbert | 01/19/18 | 5:16
Full Frontal with Samantha Bee
Full Frontal Investigates: Is This Racist Racist? | Samantha Bee | 01/18/18 | 7:09
The Daily Show with Trevor Noah
So Stupid It's Not Funny: Trump's Crackdown on Legal Immigration | Trevor Noah | 01/18/18 | 5:28
Late Night with Seth Meyers
Trump, Stormy Daniels and a Possible Government Shutdown | Seth Meyers | 01/18/18 | 9:59
Note: I add this just to expose you to what the Alt Right is listening to. Sometimes pretty scary.
We Have Reached The Global Tipping Point, Globalists' Depopulation Plan Is Killing The Planet | Alex Jones | 01/18/18 | 35:56
Tucker Rips Chicago Alderman Over Illegal Immigration | FoxNews | 01/17/18 | 6:48

Thursday January 18, 2018

The Jobs Trump Promised to Save Are Disappearing
TRNN | Michael Sainato | current

... Last week a round of layoffs at the Carrier factory in Indianapolis, Indiana took effect, in which about 215 people lost their jobs. These layoffs are in addition to the 340 jobs cut in July 2017. The factory's 700 remaining production employees are expected to be outsourced to Mexico by the end of 2018. United Technologies, the company that owns Carrier, received over $2 billion in government contracts in 2017 while offshoring jobs to other countries.

"The pace of offshoring is three times greater by federal contractors under Donald Trump," said Joseph Geevarghese, Executive Director of Good Jobs Nation, a labor coalition for low wage federal contract workers, in an interview with the Real News Network. "He campaigned to stop offshoring, yet one year in the office, he's failed to use the power that he has to deliver on that promise."

Trump and Republican leaders claim that the recently passed tax bill, which includes reducing corporate taxes from 35 percent to 21 percent, will lead to higher wages and more jobs, but these promises of trickle down economics have failed to deliver. Wal-Mart, the nation's largest employer, announced on January 11, 2018 it would raise its company minimum wage from $10 an hour to $11 an hour, and provide bonuses of up to $1000 to full-time qualifying employees. Later on the same day, Wal-Mart announced it would abruptly shut down 63 Sam's Club stores, laying off around 11,000 workers. ... Read more

It's Even Worse Than You Think: What the Trump Administration Is Doing to America (12/16/18) by David Cay Johnston

Bestselling author and longtime Trump observer David Cay Johnston shines a light on the political termites who have infested our government under the Trump Administration, destroying it from within and compromising our jobs, safety, finances, and more.

No journalist knows Donald Trump better than David Cay Johnston, who has been following him since 1988. It's Even Worse Than You Think: What the Trump Administration Is Doing to America goes inside the administration to show how the federal agencies that touch the lives of all Americans are being undermined. Here is just some of what you will learn:

The Wall. Mexican President Enrique Pena Nieto told President Trump that Mexico will never pay for the border wall. So, Trump is proposing putting a tariff on Mexican imports. But a tariff will simply raise the price of Mexican goods in the US, meaning American consumers will end up paying for the wall--if it ever gets built.

Climate Change. Welcome to the new EPA, run by Scott Pruitt, a lawyer who has spent much of his career trying to destroy the agency he now heads. Secrecy reigns at the new EPA because Pruitt meets with industry executives to find out which clean air and clean water provisions they most want to roll back, and keeps staffers in the dark to make sure these pro-pollution plans don't leak prematurely.

Stocking the Swamp. Contrary to his promise to "drain the swamp" in Washington, DC, Trump has filled his cabinet with millionaires and billionaires, from Treasury Secretary Steven Mnuchin, a Goldman Sachs and hedge fund veteran who made much of his fortune foreclosing on homeowners to billionaire heiress Education Secretary Betsy DeVos, who has already put the interests of bankers ahead of debt-burdened students and their families.

The Kleptocracy. Under Donald Trump conflict of interest is passé. When Trump isn't in Washington, he stays at one of his properties, where the taxpayers pick up the tab for staffers, Secret Service, and so on, all at full price. And back in Washington, everyone now knows that the Trump International Hotel is the only place to stay if you want to do business with the administration. Meanwhile sons Donald Jr. and Eric run an eyes-wide-open blind trust of Trump holdings to avoid the appearance of conflict of interest -- but not the reality.
Sen. Jeff Flake condemns President Trump's attacks on media
Sen. Jeff Flake condemns President Trump's attacks on media | C-Span | 01/17/18 | 14:27

How Trump's TV habits raised the risk of a shutdown
Politico | Eliana Johnson | 01/18/18

White House aides say the president woke up spoiling for a fight and focused his attention on the spending deal after it came up on his favorite cable news show.

If the government shuts down on Friday, President Donald Trump's television habits may be partly to blame, according to two White House aides. The president began the day on Thursday by blasting out a tweet that threatened to derail a GOP legislative package designed to keep the government open, arguing that the Children's Health Insurance Program, known by its acronym, CHIP, "should be part of a long-term solution, not a 30-day, or short-term, extension." But that is precisely the package House Speaker Paul Ryan was trying to persuade skeptical Republicans to agree to in order to keep the government open.

The Ryan deal had been discussed at length on "Fox & Friends," the president's favorite morning television program, in the hour before he sent the missive -- and the aides immediately suspected that something on the program had prompted it. They also pointed to Trump's frustration over the comments made by his chief of staff, John Kelly, in a Fox News interview Wednesday evening, to explain his seemingly random eruption. ... Read more

President Trump Contradicts His Chief Of Staff Over Mexico Border Wall | Velshi & Ruhle | MSNBC | 01/18/18 | 4:32
Democracy Now! U.S. and World News Headlines for Thursday, January 18 [16:55]
"It's Even Worse Than You Think": David Cay Johnston on Trump's First Year in Office | DN | 01/18/18 | 11:49
Trump Biographer: Trump is the "Most Racist" President in at Least 100 Years | DN | 01/18/18 | 4:13
Democracy Now! U.S. and World News Headlines for Thursday, January 18 (FULL) | 59:02
Note: on the full 59:02 video look for small white (or black) circles on the Progressbar they denote the different news stories. You can move the pointer on the Progressbar to jump to each story, and around the video.
  1. Headlines
  2. David Cay Johnston: Trump is Determined to Provoke War to Draw Focus from Racist & Erratic Behavior
  3. "It's Even Worse Than You Think": David Cay Johnston on Trump's First Year in Office
  4. Trump Biographer: Trump is the "Most Racist" President in at Least 100 Years
  5. How Trump's Deregulatory Push Is Harming Workers, Muzzling EPA Scientists and Unleashing Pollution
  6. Trump Biographer on the President's Cognitive Decline & Whether He Will Be Impeached
Whistleblowers: Congress Has Entrenched the Surveillance State | TRNN | 01/18/18 | 17:23
Stormy Daniels: Trump Said I'm Just Like His Daughter | TYT | 01/17/18 | 7:58
Bannon Isn't Talking And Congress Is MAD | TYT | 01/17/18 | 7:35
Bizarre Truth Triangle: The President, The Public And The Press | 1a.org | 01/18/18 | 1hr
From dubbing media outlets "fake news" to sharing memes of network logos being physically harmed, President Donald Trump's attacks on the press have been ... aggressive.

None of his efforts have been successful at quieting journalists in the U.S., who are protected from the president by the First Amendment, but denouncing news outlets has influenced some repressive regimes around the world to follow suit, jailing and threatening journalists.

As the president continues to question the integrity of the press, how much damage is that causing here and abroad? And, how much does President Trump's attitude toward journalists reflect a growing lack of trust many Americans have in the press overall?

Mueller Subpoena Blocks Steve Bannon Congressional Testimony: NBC News | Rachel Maddow | MSNBC | 01/17/18 | 20:29
President Donald Trump's Tweets Set Off A Chain Reaction For Capitol Hill Negotiations | MSNBC | 01/18/18 | 3:23
Joe: White House Doc's Update On President Donald Trump's Health Is Shameful | Morning Joe | MSNBC | 01/18/18 | 6:29
NYT Opens Up Editorial Page To Pro-Trump Voices | Morning Joe | MSNBC | 01/18/18 | 12:48
Friend Speaks Out On Stormy Daniels' Alleged Relationship With Donald Trump | Megyn Kelly TODAY | 01/17/18 | 9:45
The Late Show with Stephen Colbert
Stormy Daniels: Sex With Trump Was 'Textbook Generic' | Stephen Colbert | 01/17/18 | 5:03
The Daily Show with Trevor Noah
Cory Booker Is Not Having the DHS Secretary's Testimony | Trevor Noah | 01/17/18 | 5:37
Late Night with Seth Meyers
Trump and GOP Face a Government Shutdown of Their Own Making | Seth Meyers | 01/17/18 | 12:16

More News Menu

National Debt - TRILLIONS
*Demonocracyinfo | US Debt in Physical $100 bills [2:10]

National Debt
US Debt Stacked in $100 bills
United States owes a lot of money, with its debt equal to the size of the economy as of 2012. See the Statue of Liberty & WTC being dwarfed by the debt.


Now... Who Own the Derivative Time Bomb?

Five Banks Account For 96% Of The $250 Trillion In Outstanding US Derivative Exposure; Is Morgan Stanley Sitting On An FX Derivative Time Bomb?
Zero Hedge | Author | 09/24/11

The latest quarterly report from the Office Of the Currency Comptroller is out and as usual it presents in a crisp, clear and very much glaring format the fact that the top 4 banks in the US now account for a massively disproportionate amount of the derivative risk in the financial system. Specifically, of the $250 trillion in gross notional amount of derivative contracts outstanding (consisting of Interest Rate, FX, Equity Contracts, Commodity and CDS) among the Top 25 commercial banks (a number that swells to $333 trillion when looking at the Top 25 Bank Holding Companies), a mere 5 banks (and really 4) account for 95.9% of all derivative exposure (HSBC replaced Wells as the Top 5th bank, which at $3.9 trillion in derivative exposure is a distant place from #4 Goldman with $47.7 trillion). The top 4 banks: JPM with $78.1 trillion in exposure, Citi with $56 trillion, Bank of America with $53 trillion and Goldman with $48 trillion, account for 94.4% of total exposure. As historically has been the case, the bulk of consolidated exposure is in Interest Rate swaps ($204.6 trillion), followed by FX ($26.5TR), CDS ($15.2 trillion), and Equity and Commodity with $1.6 and $1.4 trillion, respectively. Read more


02.10.2011. 07:16

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