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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) where I'm trying to weave the videos/documentaries into comprehensive stories. 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 that the World's banks are sitting on (see the Financial Crisis News Magazine).

Wednesday August 16, 2017

Trump blows up damage control as he blames 'both sides' for Charlottesville
Politico | Annie Karni | 08/15/17

'My head is spinning,' one White House aide says after the president also pins blame on the 'alt-left.'

It took President Donald Trump two days to explicitly call out the white supremacists and neo-Nazis who engaged in violent protests over the weekend that resulted in the death of a 32-year-old Charlottesville woman. ... Read more

Ryan, other Republicans outraged by Trump news conference
Politico | Austin Wright | 08/15/17

President Donald Trump sparked a barrage of Republican outrage on Tuesday after he blamed "both sides" for the violence in Charlottesville, Virginia -- including from House Speaker Paul Ryan.

"We must be clear," Ryan said after Trump's remarks. "White supremacy is repulsive. This bigotry is counter to all this country stands for. There can be no moral ambiguity." ... Read more

Trump's "frenemy of the week" campaign is starting to backfire: Which Republican will he try to humiliate next?
Salon | Bob Cesca | 08/13/17

First Sessions, then McMaster -- this week it's Mitch McConnell. These former loyalists will turn on him eventually

It appears as though Trump has decided to make McConnell his "Frenemy of the Week." You might recall previous frenemies in Trump's crosshairs. A few weeks ago, it was Jeff Sessions because the attorney general recused himself from the Trump-Russia investigation, and Trump basically admitted that Sessions was nominated exclusively in order to obstruct the probe. Then there was Trump's own national security adviser, H.R. McMaster, who was attacked over the situation in Afghanistan, as well as over the feud between McMaster and splotchy contortionist Steve Bannon. ... Read more

Scientists Fear Trump Will Dismiss Blunt Climate Report
NYT | Lisa Friedman | older, 08/07/17

The average temperature in the United States has risen rapidly and drastically since 1980, and recent decades have been the warmest of the past 1,500 years, according to a sweeping federal climate change report awaiting approval by the Trump administration.

The draft report by scientists from 13 federal agencies concludes that Americans are feeling the effects of climate change right now. It directly contradicts claims by President Trump and members of his cabinet who say that the human contribution to climate change is uncertain, and that the ability to predict the effects is limited. ... Read more

Daily Caller Once Advised How to 'Plow Through' Liberal Protesters With a Car
Mediaite | Aidan McLaughlin | 08/15/17

The Daily Caller in January posted a video compilation of "cars plowing through protesters," instructing readers to "Study the technique" as "it may prove useful in the next four years."

The video was compiled by Mike Raust, the Daily Caller's video editor. It features a number of clips of people in cars and trucks driving through protestors blocking roads.

"If you are easily triggered, stop watching now," a text at the start of the video reads. "Too late," the next text says, as a truck drives through a protester. The compilation is set to a terrible acoustic rendition of Ludacris' 2002 hit "Move Bitch."... Read more
Conservatives Caught Sharing 'How-To Run Over People' Video | TYT | 08/15/17 | 8:37

China's Rising Debt Unnerves the IMF. The Alternative Is Worse.
Bloomberg | Daniel Moss | 08/15/17

With debt three times as large as GDP, the nation will represent a huge global risk. Anything less would be a risk as well.

Debt racked up by China's government, companies and households will likely balloon to almost 300 percent of gross domestic product by early next decade, the International Monetary Fund projected in its annual review of the country's economy. ... Read more

Keith Olbermann
Democracy Now! U.S. and World News Headlines for Wednesday, August 16 [9:04]
Democracy Now! U.S. and World News Headlines for Wednesday, August 16 (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.
Note2: You might have to scroll the windows down 1/2 inch to capture the full video.
  1. Headlines
  2. Meet the College Student Who Pulled Down a Confederate Statue in Durham & Defied White Supremacy
  3. Bree Newsome: Charlottesville is Latest Chapter in Long U.S. History of White Supremacist Terror
  4. Antifa: A Look at the Antifascist Movement Confronting White Supremacists in the Streets
Erika Andiola says -> Trump Defends White Nationalists, Blames 'Both Sides' for Charlottesville Violence | TRNN | 08/15/17 | 5:22
Witnessing the Terror in Charlottesville | TRNN | 08/16/17 | 12:40
Trump Approval Dropping Fast | TYT | 08/15/17 | 11:04
NPR (National Public Radio) - www.npr.org/
A Monumental Problem | 1a.org | 08/16/17 | 1hr
The debate over Confederate monuments and memorials often boils down to history versus hate ... and it's heating up again.

This week, a group of activists in Durham, North Carolina toppled a statue of a rebel soldier in a scene reminiscent of Baghdad in April of 2003.
United By The Sun: A Solar Event For All Americans To Share | 1a.org | 08/16/17 | 1hr
This August, the U.S. will experience its first coast-to-coast solar eclipse in 99 years. The eclipse will travel from Oregon to South Carolina, darkening skies and dropping temperatures along the way. Astronomers are already calling it a jaw-dropping, mind-blowing, once-in-a-lifetime event. One told Space.com total eclipses have a tendency to "bring people to tears."
PBS (Public Broadcasting Service) - pbs.org/
Donald Trump Remarks Aid White Supremacists' Political Ambitions | Rachel Maddow | 08/15/17 | 19:34
Russia Investigation Now Reaching Into The White House | All In | 08/14/17 | 6:31
Dr. James Peterson Explains: 'Many Of Us Are Not Surprised' | MSNBC Morning Joe | 08/16/17 | 18:56
Former Ku Klux Klan Grand Wizard David Duke Thanks Donald Trump | MSNBC 11th Hour | 08/16/17 | 11:53
The Late Show with Stephen Colbert
Take A Side, Mr. President: Nazis Or Not Nazis | Stephen Colbert | 08/16/17 | 12:37
Jimmy Kimmel Live
Jimmy Kimmel's Plan to Save Us from Trump | Jimmy Kimmel | 08/15/17 | 12:18
Late Night with Seth Meyers
Trump's Response to Charlottesville: A Closer Look | Seth Meyers | 08/14/17 | 14:01
Breaking Crazy: Donald Trump's Charlottesville Press Conference | Seth Meyers | 08/15/17 | 2:04

Tuesday August 15, 2017

Three More CEOs Turn Backs on Trump as Merck, Intel Quit Council
Bloomberg | Jeff Green | 08/15/17

It was a question that came to the fore again Monday when first Merck & Co.'s Kenneth Frazier, then Under Armour Inc.'s Kevin Plank and Intel Corp.'s Brian Krzanich stepped down from a White House business group set up to advise Donald Trump.

While none mentioned the president, Frazier, one of the country's most-prominent black chief executive officers, quit the council as Trump was being assailed for failing to quickly condemn white supremacists for deadly violence at a rally Saturday in Charlottesville, Virginia. Frazier said he was acting on a "matter of personal conscience." ... Read more

Adviser: Trump Didn't Want To 'Dignify' White Supremacy By Condemning It
TalkingPoint | Esme Cribb | 08/13/17

White House homeland security adviser Tom Bossert on Sunday claimed President Donald Trump's failure to condemn white supremacists after violence broke out at a rally in Charlottesville was because he didn't want to "dignify" the movement. ...

... Trump on Saturday did not remark on the nature of the rally but called the clashes an "egregious display of hatred, bigotry and violence on many sides" and called for Americans to "love each other." ... Read more
Republicans Defend Trump's Charlottesville Response | TYT | 08/14/17 | 11:06

Anti-McMaster campaign is about to get uglier
Axios.com | Jonathan Swan | 08/13/17

Steve Bannon's wing of Trump's White House is plotting to stab the National Security Adviser in the back.

The bare-knuckle campaign to remove National Security Adviser H.R. McMaster from the White House is about to get much uglier.

Outside forces opposed to McMaster are going to allege he has a drinking problem, according to sources outside the Trump administration familiar with the anti-McMaster campaign. The controversial nationalist Mike Cernovich, who has an inside track on the anti-McMaster campaign, teased the alcohol attack in an Internet video with Alex Jones of the website Infowars. Anti-McMaster forces believe this attack will harm his standing with the president, who is a teetotaler.

To be clear: I have never heard anything to support the allegation from anyone inside the Trump administration or from anyone who's socialized with McMaster. We are covering it to highlight the extremes to which McMaster's opponents are prepared to take their war against the National Security Adviser.

A White House official told me "McMaster has been made aware that the attack is likely coming, and prefers to focus on his work."

Another official told me the majority of senior staff "have rallied around McMaster and believe that all of the attacks against him are divorced from reality."

Chief of Staff John Kelly finds the attacks dishonorable and disgusting, according to a source close to Kelly. President Trump is also off-put by the campaign against McMaster -- even though his relationship with his National Security Adviser has at times been strained. ... Read more
Steve Bannon Plotting Behind Trump's Back | TYT | 08/14/17 | 14:12

On The Internet, Everyone Knows 'You're Racist': Twitter Account IDs Marchers
NPR.org | author | 08/14/17

Peter Cvjetanovic didn't really think this through. They didn't wear hoods as they chanted "Jews will not replace us." They weren't hiding their faces as they waved Confederate flags, racist signs and swastikas. They looked straight at a sea of cameras as they made the Nazi salute.

As Matt Thompson wrote for The Atlantic, the white supremacist march and rally this past weekend wasn't a KKK rally: "It was a pride march."

The bare-faced shamelessness was the point. But it was also an opening.

On the Internet, some people are crowd-sourcing efforts to identify and shame the people participating in the rally. Most prominently, on Twitter, the account called "Yes, You're Racist" has been soliciting help and posting IDs. "I'll make them famous," the account pledged. ... Read more
When You Forget Your Klan Hood And The Internet Finds Out | TYT | 08/14/17 | 9:14
Democracy Now! U.S. and World News Headlines for Tuesday, August 15 [16:12]
Democracy Now! U.S. and World News Headlines for Tuesday, August 15 (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.
Note2: You might have to scroll the windows down 1/2 inch to capture the full video.
  1. Headlines
  2. Ta-Nehisi Coates: With a Racist in the White House, the Bloodshed in Charlottesville was Predictable
  3. "We Were 8 Years in Power": Ta-Nehisi Coates on Obama, Trump & White Fear of "Good Negro Government"
  4. Ta-Nehisi Coates: I Would Like to See Donald Trump Resign & Leave White House
  5. Ta-Nehisi Coates on How Cities & Municipalities Are Winning Reparations for Slavery at Local Level
Col Larry Wilkerson -> Trump Has No Business Threatening Venezuela | TRNN | 08/14/17 | 16:14
Dr. Joe Romm -> NOAA Defies Trump Administration's Climate Science Denial | TRNN | 08/14/17 | 9:32
ClimateProgress website
Keiser Report: Trend reversals (E1110) | RT | 08/15/17 | 25:49
NPR (National Public Radio) - www.npr.org/
What Can I Do To Stop Hate Groups? | 1a.org | 08/15/17 | 1hr
The violent racism we saw in Charlottesville, Virginia is not new. But after last weekend's attack, many people are looking for new ideas about how to stop extremists. On Monday's show, our guest Jameta Barlow said "Everyone needs to do something every day."

But what? What is the most productive response to a white nationalist rally in your town? Or on your campus? What should you do if a cousin says something racist at Thanksgiving?
CEOs Cut Ties With Trump | 1a.org | 08/15/17 | 1hr
The CEOs of Merck, Intel and Under Armour resigned their positions on the White House American Manufacturing Council this week. The three condemned the hate groups that attracted violence to a recent white supremacist rally in Charlottesville, Virginia -- something President Donald Trump has been criticized for not doing in a timely way.
PBS (Public Broadcasting Service) - pbs.org/
Maddow: Racism 'A Persistent Infection' In White American Culture | TRNN | 07/14/17 | 16:38
Steve Bannon Personal Influence Wanes, Policy Influence Lives On | MSNBC Morning Joe | 08/15/17 | 7:05
Sizing Up Donald Trump's Relationship With The Press | MSNBC Morning Joe | 08/15/17 | 7:37
Charlie Dent: Donald Trump's Merck 'Cheap Shot' Bothered Me | MSNBC Morning Joe | 08/15/17 | 7:25
PETER SCHIFF - Will Trump Cause a Stock Market Crash at August 2017 | | 08/11/17 | 38:39
The Late Show with Stephen Colbert
Stephen Makes Condemning Nazis Look Easy (Because It Is) | Stephen Colbert | 08/15/17 | 11:23
Anthony Scaramucci Would Fire Steve Bannon | Stephen Colbert | 08/15/17 | 10:08
The Daily Show with Trevor Noah
**Brown in Town - Coal Country | The Daily Show | 08/11/17 | 6:55

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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