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Friday November 21, 2014
News Articles

Wall Street Stunned As Iceland Dares To Jail Banker Involved In 2008 Crash
ZeroHedge | author | 11/20/14

The impossible is possible. Never say never. Wall Street bankers are staring agog at headlines coming from Europe where, in Iceland, the former chief executive of one of the largest banks in the country which was involved in crashing the economy in 2008 has been sentenced to jail time. As Valuewalk reports, in receiving a one year prison sentence, Sigurjon Arnason officially became the first bank executive to be convicted of manipulating the bank's stock price and deceiving investors, creditors and the authorities between Sept. 29 and Oct. 3, 2008, as the bank's fortunes unwound, crashing the economy with it. ... Read more

3 Of The 10 Largest Economies In The World Have Already Fallen Into Recession -- Is The U.S. Next?
ZeroHedge | author | 11/20/14

Are you waiting for the next major wave of the global economic collapse to strike? Well, you might want to start paying attention again. Three of the ten largest economies on the planet have already fallen into recession, and there are very serious warning signs coming from several other global economic powerhouses.

Things are already so bad that British Prime Minister David Cameron is comparing the current state of affairs to the horrific financial crisis of 2008. In an article for the Guardian that was published on Monday, he delivered the following sobering warning: "Six years on from the financial crash that brought the world to its knees, red warning lights are once again flashing on the dashboard of the global economy." For the leader of the nation with the 6th largest economy in the world to make such a statement is more than a little bit concerning. ... Read more

U.S. Federal Reserve To Review How It Supervises Major Banks
HP | author | 11/20/14

The U.S. Federal Reserve said on Thursday it has launched a review of how it oversees major banks, calling on its inspector general to help with the probe after a series of critical reports.

Separate studies to be undertaken by the Fed's Washington-based Board of Governors and its Office of Inspector General are meant to ensure that "divergent views" about the state of large banks are adequately aired. ... Read more

Gold Repatriation Stunner: Dutch Central Bank Secretly Withdrew 122 Tons Of Gold From The New York Fed
ZeroHedge | author | 11/21/14

A week ago, we penned "The Real Reason Why Germany Halted Its Gold Repatriation From The NY Fed", in which we got, for the first time ever, an admission by an official source, namely the bank that knows everything that takes place in Germany - Deutsche Bank - what the real reason was for Germany's gold repatriation halt after obtaining a meager 5 tons from the NY Fed ...

... Some took offense with this, pointing out, accurately, that the gold held at the NY Fed in deposit form for foreign institutions had continued to decline into 2014 despite the alleged German halt. Well, today we know the answer: it wasn't Germany who was secretly withdrawing gold from the NYFed contrary to what it had publicly disclosed. It was the Netherlands. ... Read more

QE isn't dying, it's morphing
Nomi Prins | Nomi Prins | 11/10/14

A funny thing happened on the way to the 'end' of the multi-trillion dollar bond buying program known as QE - the Fed chronicles. Aside from the shift to a globalization of QE via the European Central Bank (ECB) and Bank of Japan (BOJ) as I wrote about earlier, what lingers in the air of "post-taper" time is an absence of absence. For QE is not over. Instead, in the United States, the process has simply morphed from being predominantly executed by the Federal Reserve (Fed) to being executed by its major private bank members. Fed Chair, Janet Yellen, has failed to point this out in any of her speeches about the labor force, inflation, or inequality.

The financial system has failed and remains a threat to us all. Only cheap money and the artificial inflation of asset values can make it appear temporarily healthy. Yet, the Fed (and the Obama Administration) continue to perpetuate the illusion that making the cost of (printed) money zero by any means has had a positive effect on the population at large, when in fact, all that has occurred is a pass-the-debt-ponzi-scheme co-engineered by the Fed and big US bank beneficiaries. That debt, caught in the crossfires of this central-private bank arrangement, is still doing nothing for American citizens or the broader national or global economy. Read more

Jon Stewart | "And when it does pass, (Keystone XL Pipeline)" Stewart concluded, "Mary Landrieu can be thankful that even though it didn't save her job, she can apply for one of the 35 to millions of jobs created by the pipeline." (11/21/14) [8:42]

So Many People Are Badly Traumatized by Life in America: It's Time We Admit It
AlterNet | Lynn Stuart Parramore | 11/19/14

Recently Don Hazen, the executive editor of AlterNet, asked me to think about trauma in the context of America's political system. As I sifted through my thoughts on this topic, I began to sense an enormous weight in my body and a paralysis in my brain. What could I say? What could I possibly offer to my fellow citizens? Or to myself? After six years writing about the financial crisis and its gruesome aftermath, I feel weariness and fear. When I close my eyes, I see a great ogre with gold coins spilling from his pockets and pollution spewing from his maw lurching toward me with increasing speed. I don't know how to stop him. ... Read more

Meet the Fortune 500 Companies (Corporations) Funding the Political Resegregation of America
MotherJones | Andy Kroll | 11/21/14

Over the past four to five years, the United States has been resegregated--politically. In states where registered Democrats outnumber Republicans and presidential races can be nail-biters, skillful Republican operatives have mounted racially-minded gerrymandering efforts--the redrawing of congressional and state legislative districts--that have led to congressional delegations stacked with GOP members and yielded Republican majorities in the state legislatures.

In North Carolina, Pennsylvania, and Ohio, to name just three, GOPers have recast state and congressional districts to consolidate black voters into what the political pros call "majority-minority districts" to diminish the influence of these voters. North Carolina is an especially glaring example: GOP-redistricting after the 2010 elections led to half the state's black population--1.1 million people--being corralled into one-fifth of the state legislative and congressional districts. "The districts here take us back to a day of segregation that most of us thought we'd moved away from," State Sen. Dan Blue Jr., who was previously North Carolina's first black House speaker, told the Nation in 2012. ... Read more

Senate | Permanent Subcommitee on Investigations
Democracy Now! U.S. and World News Headlines for Thursday, November 21 [8:09]
*DN | No Debate: Antiwar Voices Absent from Corporate TV News Ahead of U.S. Attacks on Iraq & Syria (11/20/14) [5:20]
*DN | Obama's Action Marks Historic Victory for Immigrant Rights, But Activists Warn of a Long Way to Go (11/21/14) [13:18]
DN | Viggo Mortensen Helps Mark 10 Years of Howard Zinn's "Voices of a People's History" (11/21/14) [13:06]
DN | Food Chains: New Film Tracks How Immokalee Workers Won Fair Wages from Corporate Giants (11/21/14) [3:41]
Bill Moyers - http:/billmoyers.com/
*BillMoyers | How Public Power Can Defeat Plutocrats (11/21/14) [25:25]
Lawrence Lessig and Zephyr Teachout return to talk about: Government has become a clearinghouse for corporations and plutocrats with deep pockets to buy the politicians who grease the wheels for lucrative contracts and easy regulation. It's all pay for play, and look the other way.
*TRNN | The Power to Create Money in the Hands of the Banks (11/21/14) [11:19]
The same financial institutions that created the financial crisis are now entrusted with one of the most power tools to shape the economy - and many elected officials have no idea, says Ben Dyson of Positive Money.
TRNN | Animal Agriculture: A Neglected Agent of Global Warming? (11/21/14) [11:36]
The co-producers of the documentary film "Cowspiracy" discuss the environmental impacts of animal agriculture - and why mainstream organizations have been silent about it.
Cowspiracy Official Trailer (06/06/14) [2:13]
Cowspiracy website
John Oliver
HBO | John Oliver: Predatory Lending () [16:31]
*How Money is Made | FED (Federal Reserve) | Banksters
Short Version | How the FED works[10:00]
Mike Maloney | The Biggest Scam In The History Of Mankind - Hidden Secrets of Money 4 [29:34]
CorbettReport | Century of Enslavement: The History of The Federal Reserve (2014) [1:30:11]
What is the Federal Reserve system? How did it come into existence? Is it part of the federal government? How does it create money? Why is the public kept in the dark about these important matters?
*Sustainable | Factory Farms | Climate Change
Click to zoom - for Larger Image
Meat the Truth (2011) [1:11:27]
A River of Waste: The Hazardous Truth About Factory Farms () [1:31:51]
FOOD, INC. by Robert Kenner () [1:00:00]
TYT | The Truth About Muslims Is The Same Truth About Your Family () [7:11]
Orthodox Jewish Men Cause Flight Delays After Refusing To Sit Next To Women (10/01/14) [6:41]
TRNN | Elizabeth Warren Spanks Fannie/Freddie Chief & He Barely Survives (11/21/14) [8:56]
TYT | Obama Lays Down The Law On Immigration (11/21/14) [11:08]
TYT | GOPer Practically Begging For Violent Reaction To Obama Immigration Speech (11/21/14) [10:05]
TYT | Immigration Reform Today, Ethnic Cleansing Tomorrow Says Top Kansas Republican (11/21/14) [4:03]
TYT | Grandmas Smoking Pot For The First Time (Hilariously Adorable Video) (11/21/14) [4:02]
Pretty cute video.
Tiny Homes
Awesome Micro Houses on Wheels Tiny Homes (04/11/14) [8:30]
Tiny home packs storage stairs, 2 lofts, tub in 136 sq ft (02/10/14) [14:22]
Spectacular 20ft Off-The-Grid Tiny Shipping Container House (09/25/14) [11:04]
Shipping containers recycled into affordable, accessible Utah home (02/14/14) [12:45]
Other Videos and Documentaries I Ran Across
Note: I don't endorse any of the videos in this section.
As I construct My News Pages I constantly run across a lot of NEW videos, and since I find YouTube frustrating trying to re-find videos, I save the links in this section so I can find them again.

Thursday November 20, 2014
News Articles

The Latest Scandal: Goldman, Fed Employees Busted For Illegally Sharing Confidential Information
ZeroHedge | author | 11/20/14

Because when the rape and pillaging of the US middle-class begins at the very top, it won't end until the sharp metal objects finally start falling.

On the morning of Friday, September 26, in addition to the shocking news of Bill Gross' departure from Pimco, the world was just as shocked, or not as the case was for many, that a former NY Fed staffer, Carmen Segarra, who had been previously fired for suggesting that Goldman Sachs has an undue influence on the NY Fed and gets a preferential treatment (certainly as a result of NY Fed's president Bill Dudley being working previously at Goldman Sachs), had released nearly 50 hours of tapes confirming her allegations: that the NY Fed was nothing but a branch of the bank that controls every central bank. The full details were presented in "How Goldman Controls The New York Fed: 47.5 Hours Of "The Secret Goldman Sachs Tapes" Explain."

Ironically it was on that very day that another recent Goldman hire from the NY Fed - a classic case of, as the NY Times puts it, the "revolving door, the symbolic portal that connects financial regulators to Wall Street" - a 29-year-old former New York Fed regulator named Rohit Bansal, got into hot water after something "shocking" was revealed: he had an inside source at the NY Fed who was providing him with illegal, confidential information on a regular basis. ... Read more

*How Goldman Controls The New York Fed: 47.5 Hours Of "The Secret Goldman Sachs Tapes" Explain
ZeroHedge | author | 09/26/14
Read more

**The $9 Billion Witness: Meet JPMorgan Chase's Worst Nightmare
RollingStone | Matt Taibbi | 11/07/14
Read more

Enough Is Enough: The President's Latest Wall Street Nominee
HP | Sen. Elizabeth Warren | 11/19/14

I believe President Obama deserves deference in picking his team, and I've generally tried to give him that. But enough is enough.

Last Wednesday, President Obama announced his nomination of Antonio Weiss to serve as Under Secretary for Domestic Finance at the Treasury Department. This is a position that oversees Dodd-Frank implementation and a wide range of banking and economic policymaking issues, including consumer protection.

So who is Antonio Weiss? He's the head of global investment banking for the financial giant Lazard. He has spent the last 20 years of his career at Lazard -- most of it advising on international mergers and acquisitions. ... Read more

So now let's look at the big picture. The final totals are $59 billion, 3 percent of the total federal budget, for regular welfare and $92 billion, 5 percent of the total federal budget, for corporate welfare.

Neo-Feudalism Has Officially Arrived -- Congressman Suggests Building A Moat Around White House
ZeroHedge | author | 11/20/14

"While the general population is aware something is seriously wrong, people remain extremely confused about the root of the problem. This is because what's happening all around us isn't socialism and it isn't free market capitalism. It is actually a return to something much more ancient and much more oppressive. It is a return to serfdom, neo-fedualism and oligarchy." ... Read more

World Not Even Close To Avoiding Dangerous Warming, UN Report Finds
HP | Seth Borenstein | 11/19/14

The world still isn't close to preventing what leaders call a dangerous level of man-made warming, a new United Nations report says. That's despite some nations' recent pledges to cut back on carbon dioxide emissions.

The report looks at the gap between what countries promise to do about carbon pollution and what scientists say needs to be done to prevent temperatures rising another two degrees. That two-degree level is a goal that world leaders set in 2009.

To achieve that goal, the world has to hit a peak of carbon dioxide, methane and other greenhouse gases before 2030, said the report's chief scientific editor, Joseph Alcamo. But the study says carbon emissions will continue to soar until 2050 and by then it will be too late, even with recent promises by the U.S., China and Europe. ... Read more

Democracy Now! U.S. and World News Headlines for Thursday, November 20 [9:25]
*DN | From Hottest October to Coldest November, Is Climate Change Behind the Extreme Weather? (11/20/14) [10:17]
DN | "Just Mercy": Bryan Stevenson on Ferguson, Prison Reform & Why the Opposite of Poverty is Justice (11/20/14) [14:44]
Bill Moyers - http:/billmoyers.com/
BillMoyers | Preview: How Public Power Can Defeat Plutocrats (11/20/14) [0:29]
Lawrence Lessig and Zephyr Teachout return to talk about: Government has become a clearinghouse for corporations and plutocrats with deep pockets to buy the politicians who grease the wheels for lucrative contracts and easy regulation. It's all pay for play, and look the other way.
Thom Hartmann
*Thom Hartmann | The Latest on the Keystone Pipeline (11/18/14) [23:21]
Environment | Climate Change
*Arctic Death Spiral and the Methane Time Bomb (2014) [1:11:11]
TRNN | Despite Senate Vote on Keystone XL, Tar Sands Oil Will Still Reach the Gulf (11/20/14) [9:47]
Obama has quietly approved the Alberta Clipper, a cross-border pipeline between the U.S and Canada that will connect with the southern half of the Keystone XL pipeline, say journalists Steve Horn of DeSmogBlog and Cherri Foytlin of bridgethegulfproject.org.
*Missing Money
Click to zoom - for Full Image
Donald Rumsfeld Admits Day before 911 "2.3 TRillion Dollars Missing from DOD" () [3:57]
Daily Ticker | Find the $8.5 Trillion the Pentagon Can't Account For (2014) [5:32] TYT | Al Franken Explains The Internet & It's Ted Cruz's Worst Nightmare (11/19/14) [12:06]
TYT | Bankers Given 'Honesty Test' & The Result Explains Everything (11/19/14) [5:30]
TYT | Politician Pushes For Literal Hunger Games (11/19/14) [5:06]
CorbettReport
CorbettReport | Century of Enslavement: The History of The Federal Reserve (2014) [1:30:11]
What is the Federal Reserve system? How did it come into existence? Is it part of the federal government? How does it create money? Why is the public kept in the dark about these important matters?
Other Videos and Documentaries I Ran Across
Note: I don't endorse any of the videos in this section.
As I construct My News Pages I constantly run across a lot of NEW videos, and since I find YouTube frustrating trying to re-find videos, I save the links in this section so I can find them again.

Wednesday November 19, 2014
News Articles

Militant attack deaths soar to all-time high: report
Reuters | Peter Apps | 11/18/14

The number of people killed in militant attacks worldwide jumped more than 60 percent last year to a record high of nearly 18,000 and the figure could rise further in 2014 due to an escalation of conflict in the Middle East and Nigeria, a report showed on Tuesday.

Four Islamist groups operating in Iraq, Syria, Afghanistan, Pakistan and Nigeria were responsible for two thirds of the 2013 attacks and the vast majority of the deaths occurred in those countries, the Australia and US-based Institute for Economics and Peace (IEP) said in its Global Terrorism Index.

However, militant attacks are on the rise more broadly, with two dozen countries seeing more than 50 deaths in 2013, it said. ... Read more

How the GOP used Twitter to stretch election laws
CNN | Chris Moody | 11/17/14
Republicans and outside groups used anonymous Twitter accounts to share internal polling data ahead of the midterm elections.

Stunning Photos Of Record Snow Covering Upstate New York: 100 Total Inches Of Snow Expected
Click to zoom - for More Images
ZeroHedge | author | 11/19/14

As previously reported, the anticipated Polar Vortex 2.0 has struck, pushing temperatures in all 50 states to below freezing, while heavy snow prompted a state of emergency in western New York and contributed to the deaths of four people. According to Reuters, it was the coldest November morning across the country since 1976, according to Weather Bell Analytics, a meteorologist consulting firm. It remains to be seen how many GDP percentage points were wiped out as a result, unless of course, this time it will be different from last winter. But it was the situation in upstate New York, especially around Bufallo and parts of Erie County, where things got most dire and where 60 inches (1.5 m) of snow accumulated, with more falling, said Steven Welch of the National Weather Service near Buffalo. It gets worse: forecasters are calling for more snow on Thursday, as much as three feet more, for a total of up to 100 inches over four days - a year's worth for the region! ... Read more

A dramatic time-lapse of the snow-wall can be seen in the video below (11/18/14) [0:16]
Crashing Steel Prices Lead To Largest Chinese Bankruptcy, "Will Be Followed By Others".

Other Stuff in the News

  1. Yellen Inherits Greenspan's Conundrum as Long Rates Sink (BBG)
  2. West African Mining Projects Take Hit From Ebola Crisis (WSJ)
  3. Saudi oil policy uncertainty unleashes the conspiracy theorists (Reuters)
  4. Senate Rejection of Keystone XL Measure Sets Up 2015 Showdown (BBG)
  5. Ferguson, Missouri, remains on edge ahead of grand jury report (Reuters)
  6. Putin Said to Stun Advisers by Backing Corruption Crackdown (BBG)
  7. Italian 'Invasion' Has Swiss Fuming as Immigration Vote Looms (BBG)
  8. Apple and Others Encrypt Phones, Fueling Government Standoff (WSJ)
Democracy Now! U.S. and World News Headlines for Wednesday, November 19 [10:45]
*DN | Jerusalem Unrest Threatens Wider Flare-Up After Deadliest Attack on Israeli Civilians in 3 Years, Part 1 (11/19/14) [14:13]
DN | Jerusalem Unrest Threatens Wider Flare-Up After Deadliest Attack on Israeli Civilians in 3 Years, Part 2 (11/19/14) [16:55]
*DN | As Sioux Tribe Calls Keystone XL an "Act of War", TransCanada Hires PR Firm to Probe Critics (11/19/14) [13:23]
TRNN | Reporter Ansel Herz discusse: Seattle Begins Police Reforms in Wake of Federal Civil Rights Investigation (11/19/14) [9:47]
*TYT | Endless War Causes Endless Terror (Depressing Numbers) (11/18/14) [5:57]
TYT | Exec Thought His Comments Were Off The Record, Wrong Again Bob! (11/18/14) [5:02]
TYT | Who's Crazier, Charles Manson Or The Woman Marrying Him? (11/18/14) [2:14]
*TYT | Horrific Hatchet Attack On Israeli Synagogue (11/18/14) [11:12]
TYT | Illegal Coded Tweets Are McConnelling At Its Corrupt Worst (11/18/14) [8:54]
Thom Hartmann
Thom Hartmann | The Latest on the Keystone Pipeline (11/18/14) [23:21]
Other Videos and Documentaries I Ran Across
Note: I don't endorse any of the videos in this section.
As I construct My News Pages I constantly run across a lot of NEW videos, and since I find YouTube frustrating trying to re-find videos, I save the links in this section so I can find them again.

Tuesday November 18, 2014
News Articles

Jerusalem Synagogue Attack Leaves 3 Americans, Briton Dead
HP | author | 11/18/14

Two Palestinian cousins armed with meat cleavers and a gun stormed a Jerusalem synagogue during morning prayers Tuesday, killing four people in the city's bloodiest attack in years. Police killed the attackers in a shootout.

The attack ratcheted up fears of sustained violence in the city, which is already on edge amid soaring tensions over its most contested holy site. Police said the dead worshippers were three Americans and a Briton, and that all held dual Israeli citizenship. The attack occurred in Har Nof, an ultra-Orthodox neighborhood that has a large population of English-speaking immigrants. ... Read more

Reuters - 11/18/14
Number Of People Killed In Militant Attacks Jumps More Than 60 Percent last year.

Militant attacks are on the rise more broadly, with two dozen countries seeing more than 50 deaths in 2013, it said.

The four most active militant groupings are Islamic State in Iraq and the Levant (now renamed Islamic State), Nigeria's Boko Haram, the Afghan and Pakistani Taliban and transnational al Qaeda-affiliated networks.

Not to minimize the above statistics, but here in the US we kill 30,000 a year with guns.

Robert Reich: The .01 Percent Blow Their Fortunes on Yachts, Personal Jets and America's Politicians
AlterNet | Robert Reich | 11/18/14

The richest Americans hold more of the nation's wealth than they have in almost a century. What do they spend it on? As you might expect, personal jets, giant yachts, works of art, and luxury penthouses.

And also on politics. In fact, their political spending has been growing faster than their spending on anything else. It's been growing even faster than their wealth. According to new research by Emmanuel Saez of the University of California at Berkeley and Gabriel Zucman of the London School of Economics, the richest one-hundredth of one percent of Americans now hold over 11 percent of the nation's total wealth. That's a higher share than the top .01 percent held in 1929, before the Great Crash. ... Read more

Markets as many know them no longer exist and have been replaced by centrally-planned "markets" where rising asset levels are not a byproduct of capitalism but a policy tool.

Ukraine Admits Its Gold Is Gone: "There Is Almost No Gold Left In The Central Bank Vault"
ZeroHedge | author | 11/18/14

Back in March we reported of a strange incident that took place just after the Ukraine presidential coup, namely that according to at least one source, "in a mysterious operation under the cover of night, Ukraine's gold reserves were promptly loaded onboard an unmarked plane, which subsequently took the gold to the US." Needless to say there was no official confirmation of any of this taking place, and in fact our report, in which we mused if the "price of Ukraine's liberation" was the handover of its gold to the Fed at a time when Germany was actively seeking to repatriate its own physical gold located at the bedrock of the NY Fed, led to the usual mainstream media mockery. Until now. In an interview on Ukraine TV, none other than the head of the Ukraine Central Bank made the stunning admission that "in the vaults of the central bank there is almost no gold left. There is a small amount of gold bullion left, but it's just 1% of the gold reserves." ... Read more

Archived
"F**k The EU" - US State Department Blasts Europe; Revealed As Alleged Mastermind Behind Ukraine Unrest
ZeroHedge | author | older 02/06/14

A leaked recording of a telephone conversation allegedly between US assistant secretary of state Victoria Nuland and the US envoy to the Ukraine, Geoffrey Pyatt discussing who should be in Ukraine's next government has, according to The FT, threatened to fuel east-west tensions over the troubled nation's future. In apparent frustration with the EU -- which has failed to join the US in threatening sanctions against Ukraine's leaders if they violently crush the protests -- the voice resembling Ms Nuland at one point exclaims "Fuck the EU". As the two US diplomats decide whether "Klitsch" or "Yats" should be 'in' or 'out', listeners will be reminded (uncomfortably) that the governments of Ukraine and Russia previously alleged that the protests are being funded and orchestrated by the US. ... Read more

Hugh Hendry: "I Believe Central Bankers Are Terrified"
ZeroHedge | author | 11/18/14

... the structural deficiency of global demand continues to radicalise the central banking community. I believe they are terrified: the system is so leveraged and vulnerable to potentially systemic price reversals that the monetary authorities find themselves beholden to long only investors and obliged to support asset prices. ... Read more

This is what the rest of the world thinks of us?

Backstabbing in Hillaryland: Here We Go Again
MotherJones | Andy Kroll | 11/18/14

"EXCLUSIVE: Read the Secret Emails of the Men Who May Run Hillary Clinton's Campaign"--promised a juicy exposé. In reality, the substance of what members posted on this 150-member "secret" listserv, dubbed the "Mook Mafia," was far from explosive. The phrases "smite Republicans mafia-style" and "punish those voters" read badly out of context. But then, who hasn't dashed off a snarky email to friends that you wished you could take back and touch up a little?

The real news isn't that Mook and Marshall had a listserv for fellow Democratic operatives. It's that someone on the listserv leaked its contents in an effort to hurt Mook's chances of becoming the manager of Hillary Clinton's presidential campaign. In other words, the Clinton '16 effort has yet to officially launch and already the backstabbing and infighting has begun. ... Read more

Democracy Now! U.S. and World News Headlines for Tuesday, November 18 [10:52]
*DN | Naomi Klein: Reject Keystone XL Pipeline, We Need Radical Change to Prevent Catastrophic Warming (11/18/14) [10:20]
Tar Sands - Click to zoom
Tar Sands is a messy job
DN | Return of the Ferguson War Zone? Missouri Enacts State of Emergency Ahead of Mike Brown Grand Jury (11/18/14) [26:06]
*TRNN | Economist James Henry says: G20 Summit Failed to Seriously Address Global Problems (11/18/14) [19:59]
TRNN | Black Agenda Report's Glen Ford examines: All Eyes on Ferguson as Gov. Nixon Declares State of Emergency Ahead of Grand Jury Decision (11/18/14) [12:32]
John Oliver
*TRNN | HBO | John Oliver: Salmon Cannon (11/16/14) [4:26]
*TRNN | HBO | John Oliver: Home Depot Commercial (11/02/14) [5:28]
TYT | Wall Street Crooks Spent Billions To Silence Whistle-Blower; It Didn't Work (11/17/14) [10:49]
TYT | Americans WAY OFF On Guessing The Unemployment Rate (11/17/14) [3:03]
TYT | Drug Warrior Mitch McConnell Tied To Millions In Cocaine (11/17/14) [5:59]
TYT | MUST SEE - 'OverCriminalized' from Brave New Films (11/17/14) [7:05]
TYT | Mitt Romney's Epic Irony On Losing An Election Will Make You Spit Your Coffee (11/17/14) [2:34]
Michael Moore
'Or Was It … the Saudis?': George W. Bush Ponders in Fahrenheit 9/11 () [1:00]
Remembering the Real Ronald Reagan -- Michael Moore's 'Capitalism: A Love Story' () [4:06]
Ring of Fire
*Ring of Fire (11/17/14) [57:00]
  1. 00:42 - "Soul Searching For The Democratic Party." Michael Burg will explain why the Democratic Party could be in big trouble, and why they need to immediately dump the corporatists within the party. #DumpCorporateDems
  2. 07:50 - "Were The Midterms Rigged From The Start?" David Haynes will tell us how gerrymandering and voter suppression helped propel the Republicans to unprecedented victories in the midterms. #SuppressTheVote
  3. 17:21 - "Corporate Media Wins 2014 Midterms." Abby Martin, host of Breaking The Set on RT America, talks about the corporate media's 2014 payday, where political ad spending reached into the billions. #CorporateMedia
  4. 27:16 - "Michael Savage's Civil War." Author David Neiwert in Seattle, Washington will tell us how Michael Savage's new book has become a call to arms for right wing nutjobs. #HateTalk
  5. 37:44 - "Big Pharma Gone Wild: Smith & Nephew." Attorney Ben Gordon explains the misconduct of medical device manufacturer Smith & Nephew. #BigPharmaGoneWild
  6. 47:25 - "Why Infrastructure Investment Vanished." Howard Nations will tell us why infrastructure investment has almost completely disappeared, in spite of the warnings from the country's top economists. #InvestInAmerica
Other Videos and Documentaries I Ran Across
Note: I don't endorse any of the videos in this section.
As I construct My News Pages I constantly run across a lot of NEW videos, and since I find YouTube frustrating trying to re-find videos, I save the links in this section so I can find them again.

Monday November 17, 2014
News Articles

Japan Unexpectedly Enters Recession as Abe Weighs Tax: Economy
Bloomberg | Keiko Ujikane | 11/17/14

Japan unexpectedly sank into a recession last quarter as the world's third-largest economy struggled to shake off the impact of an April sales-tax boost, raising the odds of a delay in a second bump in the levy. ....

"No part of Japan's economy looks encouraging," said Yoshiki Shinke, chief economist at Dai-ichi Life Research Institute, who had the weakest forecast in a Bloomberg News survey, with a 0.8% growth estimate for real GDP. "Today's data will leave another traumatic memory for Japanese politicians about sales tax hikes." ... Read more

Here Is Your "Global Recovery" In 24 Charts
ZeroHedge | author | 11/17/14

The last two graphs seem to be the most important since they summarize the direction the different countries are going.
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Haaretz obtains full document of EU-proposed sanctions against Israel
HP & Haaretz | Barak Ravid | 11/17/14

Sanctions could apply to Israeli politicians opposed to the two-state solution, which could include Bennett and Rivlin; steps against European companies working in settlements; punitive measures against Palestinians over 'negative measures.'

An internal European Union document on proposed sanctions against Israel, which Haaretz obtained in its entirety on Monday, reveals new details on the suggestions being made in the internal discussions among EU member states that have been taking place in Brussels. Among the options under consideration are measures against European companies that work in settlements in the West Bank and East Jerusalem. ... Read more

Democracy Now! U.S. and World News Headlines for Monday, November 17 [8:38]
DN | Terror at the Top of the World: Is Climate Change Leading to More Attacks by Polar Bears in Arctic? (11/17/14) [7:51]
We look at a new investigation by the Pulitzer Prize-winning website, InsideClimate News, titled "Meltdown: Terror at the Top of the World." It tells the story of seven American hikers who went on a wilderness adventure into polar bear country in Canada's Arctic tundra -- and faced a harrowing attack. But despite taking proper steps to protect themselves, a polar bear came to their camp in the middle of the night and pulled one of the hikers out of his tent. Scientists say that climate change is greatly impacting polar bear habitat, which may be the cause of increased polar bear attacks on humans. We speak to Rich Gross, a Sierra Club guide on the trip, and Sabrina Shankman, a reporter with InsideClimate News and author of the new ebook.
DN | Is Obama's Immigration Plan Too Modest? Proposals Cover Less Than Half of Nation's Undocumented (11/17/14) [4:35]
*TRNN | William K. Black: $4.3 Billion Fine for Fraud in Exchange Market Manipulations is Pittance for Major Banks (11/17/14) [11:20]
TRNN | Ed Herman, Co-Author of "Manufacturing Consent" (older REPLAY 2012) [15:29]

Mission Accomplished: Stocks & Homeless Kids Hit All-Time Highs

9/11 Commission Report
Complete 911 Timeline (html)
9/11 Commission Report (pdf)
TYT | ISIS Chief Alive, Releases Tape & Endless War Erupts Like A Volcano (11/16/14) [8:31]
TYT | Amazing News About Nukes That Will Also Make You Sh*t Your Pants (11/16/14) [10:06]
*HBO | Last Week Tonight with John Oliver: Nuclear Weapons (07/27/14) [15:21]
TYT | Democrats Sink To A Sad Low In Eyes Of Americans (11/16/14) [3:19]
TYT | Christmas Removed From The Calendar. Muslims Blamed. (11/16/14) [5:16]
TYT | Elizabeth Warren Exiled Into Leadership Role That Never Existed Before (11/16/14) [4:01]
TYT | Mayor Totally Nails Why Democrats Are Spineless Losers (11/16/14) [7:02]
TYT | Billionaire Whines That Bankers Just Can't Make Any Money (11/16/14) [4:25]
TYT | Kansas Gets Terrible News Days After Re-electing Ultra Right-Wing Governor (11/16/14) [4:31]
TYT | 7-Year-Old Art Prodigy Or Scam? (11/16/14) [5:18]

Friday November 14, 2014
News Articles

Putin "Prepares For Economic War", Buys Whopping 55 Tonnes Of Gold In Q3
ZeroHedge | author | 11/13/14

Just as China is buying 'cheap' oil with both hands and feet, so Russia, according to the latest data from The World Gold Council (WGC) has been buying gold in huge size. Dwarfing the rest of the world's buying in Q3, Russia added a stunning 55 tonnes to its reserves, as The Telegraph reports, Putin is taking advantage of lower gold prices to pack the vaults of Russia's central bank with bullion as it "prepares for the possibility of a long, drawn-out economic war with the West." Bottom line: Russia bought more gold in Q3 then all other countries combined. ... Read more

The Fed (The Federal Reserve) Won: America's 0.1% Are Now Wealthier Than The Bottom 90%.
National Debt and the Debt Ceiling
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Here Comes the Sun: America's Solar Boom, in Charts
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Bill Moyers | Tim McDonnell | 11/11/14

Last week, an energy analyst at Deutsche Bank came to a startling conclusion: By 2016, solar power will be as cheap or cheaper than electricity from the conventional grid in every state except three. That's without any changes to existing policy. In other words, we're only a few years away from the point where, in most of the United States, there will be no economic reason not to go solar. If you care about slowing climate change or just moving toward cleaner energy, that is a huge deal.

And solar energy is already going gangbusters. In the past decade, the amount of solar power produced in the United States has leaped 139,000 percent. A number of factors are behind the boom: Cheaper panels and a raft of local and state incentives, plus a federal tax credit that shaves 30 percent off the cost of upgrading.

Still, solar is a bit player, providing less than half of 1 percent of the energy produced in the United States. But its potential is massive -- it could power the entire country 100 times over.

So what's the holdup? A few obstacles: pushback from old-energy diehards, competition with other efficient energy sources, and the challenges of power storage and transmission. But with solar in the Southwest already at "grid parity" -- meaning it costs the same or less as electricity from conventional sources -- Wall Street is starting to see solar as a sound bet. As a recent Citigroup investment report put it, "Our viewpoint is that solar is here to stay." ... Read more
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Inside the Koch Brothers' Toxic Empire
RollingStone | Tim Dickinson | 09/24/14

Together, Charles and David Koch control one of the world's largest fortunes, which they are using to buy up our political system. But what they don't want you to know is how they made all that money.

The enormity of the Koch fortune is no mystery. Brothers Charles and David are each worth more than $40 billion. The electoral influence of the Koch brothers is similarly well-chronicled. The Kochs are our homegrown oligarchs; they've cornered the market on Republican politics and are nakedly attempting to buy Congress and the White House. Their political network helped finance the Tea Party and powers today's GOP. Koch-affiliated organizations raised some $400 million during the 2012 election, and aim to spend another $290 million to elect Republicans in this year's midterms. So far in this cycle, Koch-backed entities have bought 44,000 political ads to boost Republican efforts to take back the Senate. ... Read more

Democracy Now! U.S. and World News Headlines for Friday, November 14 [15:24]
DN | Are Mexico's Missing Students the Victims of U.S.-Backed Drug War? (11/14/14) [21:46]
*Bill Moyers | The Bare Knuckle Fight Against Money in Politics (11/14/14) [25:19]
In this turbulent midterm election year, two academics decided to practice what they preached. They left the classroom, confronted the reality of down-and-dirty politics, and tried to replace moneyed interests with the public interest.

Neither was successful -- this year, at least -- but on this week's show, Bill talks with them about their experiences and the hard-fought lessons learned about the state of American democracy.

Lawrence Lessig ...
Zephyr Teachout ...
*TRNN | How Deep is the Rot on Wall Street? (11/14/14) [10:50]
Joseph Fichera's op-ed in the New York Times shows the full depravity of Wall Street's resistance to regulation says white collar criminologist, Professor William Black.
TRNN | US-China Climate Agreement Substantially Un-ambitious (11/14/14) [21:27]
While it is important for China and the US, the two largest CO 2 emitters to walk hand in hand in cooperation, the agreement lacks all of the above strategies necessary to acheive the levels necessay says Janet Redman of IPS and Professor Minqi Li.
TYT | Here's Undeniable Proof That The Media Isn't Liberal, At All (11/13/14) [11:17]
TYT | The Quiet Movement That's Saving Democracy Is About To Explode (11/13/14) [9:53]
TYT | Would Jesus Love or Hate Republicans? (11/13/14) [4:58]
TYT | Senator Ran On The Coward Ticket & Now He's An Ex-Senator (11/13/14) [9:20]
TYT | Probe Landed On Moving Comet. The Rosetta Mission Explained (11/13/14) [6:44]
TYT | Glenn Beck's Secret Brain Trouble, How He 'Fixed' It Is Most Troubling Of All (11/13/14) [10:58]
Ring of Fire
Ring of Fire (full episode) (11/09/14) [57:00]
  1. 00:42 - "The Lesson for Democrats."
  2. 9:09 - "Crucifying America."
  3. 19:38 - "Exposing Malpractice Myths." Howard Nations discusses a new Rand study showing that malpractice lawsuit caps are not lowering healthcare costs, or preventing medical errors. #MalpracticeMyths
  4. 37:15 - "Is Austerity Bringing A New Meltdown?" Attorney Michael Burg will explain what banks are doing with our money when we make a deposit. #ShowMeTheMoney
  5. 48:49 - "The Backstory." Pap news with Sam Seder.
Sam Seder Interviews Rolling Stone's Matt Taibbi: Stunning Whistle Blowing on JP Morgan Chase's Misdeeds. (11/14/14) [52:27]
*DN | Matt Taibbi and Bank Whistleblower on How JPMorgan Chase Helped Wreck the Economy, Avoid Prosecution (11/07/14) [9:25]

Thursday November 13, 2014
REPEAT - But I think is important!
*Demonocracyinfo | US Debt in Physical $100 bills [2:10]
Who's Responsible for National Debt - Click to zoom
Donald Rumsfeld Admits Day before 911 "2.3 TRillion Dollars Missing from DOD" () [3:57]
Daily Ticker | Find the $8.5 Trillion the Pentagon Can't Account For (2014) [5:32]
Thursday November 13, 2014
News Articles

Beware of Monster Trade Deals Negotiated Behind Closed Doors
The Nation. & BillMoyers | Greg Grandin | 11/12/14

The media have been pushing a line, following the Republican victory in last week's midterm election, that the one area where Barack Obama and a now GOP-controlled Senate might find room for compromise is trade, especially the approval of the Trans-Pacific Partnership, or TPP, a twelve-nation deal.

As with NAFTA, the lobbying will be intense to pass the deal, with the lucre of corporate campaign contributions sweetened by the praise that would be heaped on yea-voting members for transcending partisanship. It would be a disaster were the TPP to pass and go into effect, for multiple reasons: it deregulates financial speculation; it eviscerates the ability of nations to enforce environmental regulations; it locks in a deeply unequal trade and intellectual property-rights regime, granting a handful of the world's largest corporations monopoly protection; and it encourages the privatization of public services and public property.

Worst of all, it, it globalizes the so-called Investor-State Dispute Settlement, or ISDS, which allows corporations and investors to "sue governments directly before tribunals of three private sector lawyers operating under World Bank and UN rules to demand taxpayer compensation for any domestic law that investors believe will diminish their 'expected future profits.'" Under such provisions, mining corporations have taken El Salvador to court for trying to limit their right to open-pit mine the country and pollute its rivers and El Lilly has sued Canada, complaining that its patent laws have hindered profits it could make on an ADD drug. ... Read more

Investors Don't Believe Low Oil Prices Are "Unequivocally" Good For America
ZeroHedge | author | 11/13/14

While investors are told day after day that low oil prices are "unequivocally" good for America's economy (pick your number $20, $30, $40 billion tax cut for consumers), it appears they are not buying this big lie (that appears to forget the other side of the equation of capex, jobs, and spending from the Shale Oil miracle). As oil prices push to levels where the majority of US Shale plays become non-economic on a half-cycle basis (appro. $70.00/barrow), markets are voting with their money and shale-based stocks are pressing to new lows (down 50-70% in the last few months). ... Read more
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Russia to Fly Bombers to U.S. Gulf of Mexico as Ukraine Escalates
Bloomberg | Volodymyr Verbyany| 11/12/14

Russia plans to extend long-range bomber patrols as far as the Gulf of Mexico and the eastern Pacific Ocean, its defense minister said, as NATO accused Vladimir Putin's government of sending more troops into Ukraine.

With Ukraine warning its conflict is close to returning to open war, Russian Defense Minister Sergey Shoigu said his country's military will start conducting regular long-range bomber patrols along Russia's borders and over the Arctic Ocean. His ministry rejected an assertion from the North Atlantic Treaty Organization's top general that it was moving combat troops and heavy weapons into Ukraine's rebel-held east. ... Read more

Democracy Now! U.S. and World News Headlines for Thursday, November 13 [13:17]
DN | As Dems Punt Vote on Loretta Lynch, Admin Faces Pressure to Include Girls in "My Brother's Keeper" (11/13/14) [9:37]
DN | Mexico Burns as Outrage over Student Disappearances Sparks Protests Against State-Backed Violence (11/13/14) [9:55]
DN | Are Mexico's Missing Students the Victims of U.S.-Backed Drug War? (11/13/14) [21:46]
Bill Moyers | Preview: The Bare Knuckle Fight Against Money in Politics (11/12/14) [0:20]
*TRNN | Investigative Reporter Garath Porter: Russia's Pivitol Role in the Iranian Nuclear Agreement (11/13/14) [11:17]
*TRNN | President Putin Pledges to Increase Trade with China and Asia to Rebuck Sanctions (11/13/14) [14:21]
TRNN | The Post-Bankruptcy Plan for Detroit, says Journalist Curt Guyette and Rev. David Alexander Bullock (11/13/14) [15:45]
Jon Stewart
Jon Stewart | "Pay Any Price" author James Risen describes what has happened to him since the last time he wrote a book about the U.S.'s national security system. (11/06/14) [6:42]
Jon Stewart | Unclear and Present Danger: A tweet with murky origins raises questions about the well-being of ISIS leader Abu Bakr al-Baghdadi, and President Obama increases the number of troops in Iraq. (11/10/14) [7:53]
Here Comes the Sun: America's Solar Boom, in Charts
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Wednesday November 12, 2014
REPEAT - But I think is important!
*Demonocracyinfo | US Debt in Physical $100 bills [2:10]
Who's Responsible for National Debt - Click to zoom
Wednesday November 12, 2014
News Articles

Greed, Power, and Endless War -- James Risen Tears the Lid off America's Dirty Wars
AlterNet | James Risen | 10/31/14

Throughout the war on terror, greed and power have flourished just as readily back home in the United States, where the government's surging counterterrorism spending created a new national security gold rush. The post-9/11 panic led Congress to throw cash at the FBI, CIA, and Pentagon faster than they were able to spend it. Soon, a counterterrorism bubble, like a financial bubble, grew in Washington, and a new breed of entrepreneur learned that one of the surest and easiest paths to riches could be found not in Silicon Valley building computers or New York designing clothes ...

... Montgomery was the maestro behind what many current and former U.S. officials and others familiar with the case now believe was one of the most elaborate and dangerous hoaxes in American history, a ruse that was so successful that it nearly convinced the Bush administration to order fighter jets to start shooting down commercial airliners filled with passengers over the Atlantic. Once it was over, once the fever broke and government officials realized that they had been taken in by a grand illusion, they did absolutely nothing about it. The Central Intelligence Agency buried the whole insane episode and acted like it had never happened. The Pentagon just kept working with Montgomery. Justice Department lawyers fanned out across the country to try to block any information about Montgomery and his schemes from becoming public, invoking the state secrets privilege in a series of civil lawsuits involving Montgomery. ...

... Montgomery's story demonstrates how hundreds of billions of dollars poured into the war on terror went to waste. With all rules discarded and no one watching the bottom line, government officials simply threw money at contractors who claimed to offer an edge against the new enemies. And the officials almost never checked back to make sure that what they were buying from contractors actually did any good--or that the contractors themselves weren't crooks. A 2011 study by the Pentagon found that during the ten years after 9/11, the Defense Department had given more than $400 billion to contractors who had previously been sanctioned in cases involving $1 million or more in fraud. ... Read more

Caught Rigging FX and Gold? Your Punishment Will Be A Bonus Capped At Just 200% Of Your Base Salary.

Bank of England Fires Chief FX Dealer Participating In Currency-Rigging Scandal
ZeroHedge | author | 11/12/14

Early in 2014, when the FX rigging scandal was still news, one of the most disturbing developments to emerge was that none other than the venerable Bank of England itself had been engaged in collusion with various manipulating parties, explicitly those participating in "The Bandits Club", "Cartel" and other chatrooms, as described in "Bank Of England Encouraged Currency Manipulation By Banks." As Bloomberg reported at the time ...

... Today, as widely reported previously, 5 banks settled with regulators such as US CFTC, UK's CFA and Swiss Sifma, for a total amount of $3.3 billion ($1.4 billion to the CFTC, $1.75 billion to the CFA). The banks were:

  1. HSBC Holdings PLC
  2. Royal Bank of Scotland Group PLC
  3. UBS AG
  4. Citigroup Inc.
  5. J.P. Morgan Chase & Co.

Hilariously, as a result of "cooperating" the 5 banks received a 30% discount on their British settlement. Because when it comes to admitting one's crime there is apparently a pre-Thanksgiving blue light special.

Oddly enough, none of the other usual suspect banks, such as Goldman, Credit Suisse or Deutsche, all of whom also fired legacy FX traders and dealers, were once again completely forgotten, because clearly one can't disturb the two banks that pull the strings in the US, Goldman, and in Europe, Deutsche. ... Read more

Crime Pays: How An FX Rigger Made "Most Peoples Year" In One Trade
Rarely are we speechless, but this occasion, when UBS made $513,000 from just one fix, as the FCA's complaint against the criminal Swiss bank reveals, is the rare exception.

Russia To Have SWIFT Alternative By May
ZeroHedge | author | 11/12/14

As the West (US and its pressured allies) attempt to 'isolate' Russia more and more, the inevitable cornering further and further incentivizes Putin to develop alternatives to the status quo. In the past, western sanctioners have sabre-rattled cutting off Russian from SWIFT - the international inter-bank payment system - as a next step in squeezing the oligarchs into submission (though 'independent' SWIFT distanced itself from those calls). Now however, as RT reports, Russia intends to have its own international inter-bank system up and running by May 2015. The Central of Russia says it needs to speed up preparations for its version of SWIFT in case of possible "challenges" from the West. If successful, this would pose a further challenge to the USD's reign as sanction blowback reverberates once again. ... Read more

Democracy Now! U.S. and World News Headlines for Wednesday, November 12 [7:14]
*DN | Obama Reaches Climate Deal with China -- and GOP Congress May Not Be Able to Stop It (11/12/14) [7:45]
*DN | Why We Lost: Retired U.S. General Calls for Public Inquiry into Failures of Iraq, Afghan Wars (11/12/14) [14:39]
Lt. Gen. Daniel P. Bolger, a three-star U.S. general who helped command troops in Iraq and Afghanistan, joins us to discuss his new book, "Why We Lost: A General's Inside Account of the Iraq and Afghanistan Wars." Bolger writes: "I am a United States Army general, and I lost the Global War on Terrorism. It's like Alcoholics Anonymous; step one is admitting you have a problem. Well, I have a problem. So do my peers. And thanks to our problem, now all of America has a problem, to wit: two lost campaigns and a war gone awry." Bolger is now calling for a public inquiry along the lines of the 9/11 Commission to look into why the two wars in Iraq and Afghanistan have gone so poorly.
The Fed (The Federal Reserve) Won: America's 0.1% Are Now Wealthier Than The Bottom 90%.
U.S. Wages Stagnate, Despite Doubled Worker Productivity(.pdf)
U.S. wages barely increased in real terms since 1974, the year before Fast Track was first enacted, even as American worker productivity doubled. In 1974, the average hourly wage for American workers in today's dollars was $18.46, while in 2012 it was up only 7 percent to $19.76. Over the same period, U.S. workers' productivity more than doubled.
*DN | Obama Calls for Net Neutrality, But His Own Industry-Tied FCC Appointee Could Stand in the Way (11/12/14) [13:18]
*TRNN | Capitalism's Stunning Contradiction (11/12/14) [14:11]
Economist Richard Wolff says every capitalist tries to systematically reduce wages and then can't sell what wage workers have produced.
*TRNN | Policy Research Economist David Rosnick: Household Wealth has considerably fallen to 1988 levels for a Majority of households (11/12/14) [9:55]
A new report from the Center for Economic Policy Research by David Rosnick and Dean Baker shows that most households now have net less wealth than they did in 1989. The report, titled The Wealth of Households: An Analysis of the 2013 Survey of Consumer Finances, shows little or no gain for the majority of Americans over the last 25 years.
The Wealth of Households: An Analysis of the 2013 Survey of Consumer Finances.pdf
TRNN | On the Verge of a Historic Nuclear Energy Deal with Iran? (11/12/14) [9:39]
Unknown contents of President Obama's letter to Supreme Leader Ayatollah Khamenei of Iran under scrutiny by Republicans and the blogosphere as a historic deal nears, says Trita Parsi, President of the National Iranian American Council.
Here Comes the Sun: America's Solar Boom, in Charts
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TYT | Marijuana Use Shrinks The Brain, Study Shows (11/11/14) [4:37]
TYT | Ukraine Takes A Bad Turn, Ceasefire Threatened (11/11/14) [6:57]
TYT | Filibuster Abuse Set For A Big Comeback Under GOP Rule (11/11/14) [6:31]

Tuesday November 11, 2014
News Articles
REPEAT - But I think is important!
*Demonocracyinfo | US Debt in Physical $100 bills [2:10]

Facing Down Corporate Election Greed
BillMoyers | author | 11/07/14

In the small city of Richmond, California, a slate of progressive candidates faced off against a challenge from pro-business candidates backed to the tune of more than $3 million by the energy giant Chevron. For years, Chevron has treated Richmond like a company town and its large refinery there has been a constant source of health and safety concerns.

Since 2007, Mayor Gayle McLaughlin, a Green Party leader, and her allies on the city council have faced down not only Chevron but other corporate interests like the real estate and financial industries as well. This year, Chevron fought back with an expensive barrage of negative campaign media. But on Election Day, the progressive slate triumphed, despite the roughly $250 per vote Chevron spent. ... Read more

What Could Possibly Go Right? America's New War in the Middle East
BillMoyers & Tom Dispatch | author | 11/10/14

Karl von Clausewitz, the famed Prussian military thinker, is best known for his aphorism, "War is the continuation of state policy by other means." But what happens to a war in the absence of coherent state policy?

Actually, we now know. Washington's Iraq War 3.0, Operation Inherent Resolve, is what happens. In its early stages, I asked sarcastically, "What could possibly go wrong?" As the mission enters its fourth month, the answer to that question is already grimly clear: just about everything. It may be time to ask, in all seriousness: What could possibly go right? ... Read more

The Fed Won: America's 0.1% Are Now Wealthier Than The Bottom 90%
ZeroHedge | author | 11/11/14

As the Economist reports, according to a new paper by authors at liberal bastion UC Berkeley and the LSE, US inequality in wealth is approaching record levels (actually it already surpassed it as reported long ago).

"The authors examine the share of total wealth held by the bottom 90% of families relative to those at the very top. In the late 1920s the bottom 90% held just 16% of America's wealth--considerably less than that held by the top 0.1%, which controlled a quarter of total wealth just before the crash of 1929. From the beginning of the Depression until well after the end of the second world war, the middle class's share of total wealth rose steadily, thanks to collapsing wealth among richer households, broader equity ownership, middle-class income growth and rising rates of home-ownership. From the early 1980s, however, these trends have reversed. The top 0.1% (consisting of 160,000 families worth $73m on average) hold 22% of America's wealth, just shy of the 1929 peak--and almost the same share as the bottom 90% of the population."

That was as of 2013. By now the wealth of the top 0.1% is not only well above that of the "bottom 90%" but higher than it has ever been. Read more
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Democracy Now! U.S. and World News Headlines for Tuesday, November 11 [9:48]
*DN | Paralyzed Iraq War Vet Turned Peace Activist Tomas Young Dies on Eve of Veterans Day (11/11/14) [2:06]
DN | Legendary Talk Show Host Phil Donahue on the Silencing of Antiwar Voices in U.S. Media (11/11/14) [7:02]
Body of War by Phil Donahue () [1:27:38]
Bill Moyers | Mayor Gayle McLaughlin: Facing Down Corporate Election Greed (11/07/14) [25:14]
*Bill Moyers | America's New War in the Middle East (11/07/14) [25:20]
*TRNN | Col. Larry Wilkerson says: The Slippery Slope of More Troops in Iraq Leads To Vietnam (11/11/14) [11:18]
Col. Larry Wilkerson says if the U.S. strategy against the Islamic State in Iraq does not focus on supporting Iraqi fighting forces to do the heavy lifting, we could end up with full-scale war like we did in Vietnam.
TRNN REPLAY | The Video that Bradley Manning says Pushed Him to Upload to Wikileaks, Part 1 (older, 05/12/10) [13:07]
TYT | George W Bush Enrages With Shocking Lack Of Self-Awareness (Even For Him) (11/10/14) [4:50]
TYT | Obama Proposes Surprisingly Strong Net Neutrality Laws (11/10/14) [8:48]
TYT | GOP Heads Explode Over Obama’s Net Neutrality Announcement (11/10/14) [6:19]
TYT | Why America Keeps Dumping Democrats (11/10/14) [5:33]

Monday November 10, 2014
News Articles

Obama Urges World Leaders To Approve Elusive, Potentially 'Historic' Trans-Pacific Partnership (TPP) Trade Deal
AP & HP | Julie Pace | 11/10/14

President Barack Obama pressed world leaders Monday to break stubborn logjams that have held up an agreement on a trans-Pacific trade deal that is eagerly sought by the White House and could lead to rare consensus with congressional Republicans.

... "We remain committed to ensuring that the final agreement reflects our common vision of an ambitious, comprehensive, high-standard, and balanced agreement that enhances the competitiveness of our economies, promotes innovation and entrepreneurship, spurs economic growth and prosperity, and supports job creation in our countries," the statement read. ... Read more

**The $9 Billion Witness: Meet JPMorgan Chase's Worst Nightmare
RollingStone | Matt Taibbi | 11/07/14

She tried to stay quiet, she really did. But after eight years of keeping a heavy secret, the day came when Alayne Fleischmann couldn't take it anymore. "It was like watching an old lady get mugged on the street," she says. "I thought, 'I can't sit by any longer.'"

Fleischmann is the central witness in one of the biggest cases of white-collar crime in American history, possessing secrets that JPMorgan Chase CEO Jamie Dimon late last year paid $9 billion (not $13 billion as regularly reported -- more on that later) to keep the public from hearing.

Back in 2006, as a deal manager at the gigantic bank, Fleischmann first witnessed, then tried to stop, what she describes as "massive criminal securities fraud" in the bank's mortgage operations. ... Read more

The Last Nail In The Millennials' Coffin: A Negative 2% Savings Rate
ZeroHedge | author | 11/10/14

The bottom line, or rather, negative line, is the Millennials' savings, because "after a flirtation with thrift after the recession, young Americans have stopped saving. Adults under age 35--the so-called millennial generation--currently have a savings rate of negative 2%, meaning they are burning through their assets or going into debt, according to Moody's Analytics. That compares with a positive savings rate of about 3% for those age 35 to 44, 6% for those 45 to 54, and 13% for those 55 and older." ... Read more
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Why Gorbachev Feels Betrayed By The Post-Cold War West
WorldPost & HP | Nathan Gardels | 11/07/14

On the 25th anniversary of the fall of the Berlin Wall, Mikhail Gorbachev, the last Soviet leader, remains a hero in the West. But the West is no longer in favor with Gorbachev.

Already in 2005 when I sat down with him in Moscow to discuss the 20th anniversary of his reforms that ultimately led to the dissolution of the USSR, Gorbachev expressed anger and betrayal over what he regarded as America's "victory complex" over Russia. Clearly, the seeds of hostility that are now manifest in the present crisis between the West and Russia over Ukraine have been gestating for some time.

Vladimir Putin and Mikhail Gorbachev could not be more different as leaders. But they are both proud Russians who don't think their nation is getting its due. They are like " bent twigs springing back after being stepped on," in the phrase Isaiah Berlin used to describe how resentment and aggressive nationalism are rooted in the backlash against humiliation. ... Read more

Democracy Now! U.S. and World News Headlines for Monday, November 10 [10:26]
DN | "This is Crazy": Ex-State Dept. Official Blasts Obama's Doubling of U.S. Troops in Iraq (11/10/14) [15:36]
*DN | Matt Taibbi and Bank Whistleblower on How JPMorgan Chase Helped Wreck the Economy, Avoid Prosecution (11/07/14) [9:25]
DN | On Eve of Veterans Day, a Former Soldier Speaks Out on Hidden Costs of War From PTSD to Suicide (11/10/14) [4:36]
DN | Out of Ebola Quarantine, Yale Student Says Health Workers Should Be Treated as Heroes, Not Pariahs (11/10/14) [11:46]
John Oliver
*HBO | John Oliver: The Lottery (11/09/14) [14:35]
HBO | John Oliver: Predatory Lending (08/10/14) [16:31]
*TRNN | Another Rule to Prevent Big Banks from Getting Even Bigger??? (11/10/14) [9:31]
The problem is that they are already too big and too complex and another rule is misguided says Gerald Epstein is Professor of Economics and a founding Co-Director of the Political Economy Research Institute.
TRNN | We look at how the new Republican majority will complicate Obama's efforts to move forward on two trade deals, TPP and T-TIP (11/09/14) [8:02]
TRNN | Fall of Berlin Wall Began Eastern Expansion of NATO (11/09/14) [18:39]
Former CIA analyst Ray McGovern says the fall of the Berlin wall should have been an opportunity to create a constructive alliance with Russia, but instead, it became an opportunity to contain and isolate it.
TYT | Neo-Nazis & KKK Fight Like Angry Bigoted Children (11/09/14) [3:36]
Ring of Fire
Ring of Fire: What We Learned From The Fed Tapes (11/01/14) [9:42]

Friday November 07, 2014
News Articles

**The $9 Billion Witness: Meet JPMorgan Chase's Worst Nightmare
RollingStone | Matt Taibbi | 11/07/14

She tried to stay quiet, she really did. But after eight years of keeping a heavy secret, the day came when Alayne Fleischmann couldn't take it anymore. "It was like watching an old lady get mugged on the street," she says. "I thought, 'I can't sit by any longer.'" Fleischmann is a tall, thin, quick-witted securities lawyer in her late thirties, with long blond hair, pale-blue eyes and an infectious sense of humor that has survived some very tough times. She's had to struggle to find work despite some striking skills and qualifications, a common symptom of a not-so-common condition called being a whistle-blower.

Fleischmann is the central witness in one of the biggest cases of white-collar crime in American history, possessing secrets that JPMorgan Chase CEO Jamie Dimon late last year paid $9 billion (not $13 billion as regularly reported – more on that later) to keep the public from hearing.

Back in 2006, as a deal manager at the gigantic bank, Fleischmann first witnessed, then tried to stop, what she describes as "massive criminal securities fraud" in the bank's mortgage operations.

Thanks to a confidentiality agreement, she's kept her mouth shut since then. "My closest family and friends don't know what I've been living with," she says. "Even my brother will only find out for the first time when he sees this interview."

Six years after the crisis that cratered the global economy, it's not exactly news that the country's biggest banks stole on a grand scale. That's why the more important part of Fleischmann's story is in the pains Chase and the Justice Department took to silence her.

She was blocked at every turn: by asleep-on-the-job regulators like the Securities and Exchange Commission, by a court system that allowed Chase to use its billions to bury her evidence, and, finally, by officials like outgoing Attorney General Eric Holder, the chief architect of the crazily elaborate government policy of surrender, secrecy and cover-up. "Every time I had a chance to talk, something always got in the way," Fleischmann says. ... Read more

Edward Snowden: A ‘Nation' Interview
TheNation.com | Katrina vanden Heuvel | 10/28/14

On October 6, Nation editor and publisher Katrina vanden Heuvel and contributing editor Stephen F. Cohen (professor emeritus of Russian studies at New York University and Princeton) sat down in Moscow for a wide-ranging discussion with Edward Snowden. Throughout their nearly four-hour conversation, which lasted considerably longer than planned (see below for audio excerpts), the youthful-appearing Snowden was affable, forthcoming, thoughtful and occasionally humorous. Among other issues, he discussed the price he has paid for speaking truth to power, his definition of patriotism and accountability, and his frustration with America's media and political system. The interview has been edited and abridged for publication, compressing lengthy conversations about technological issues that Snowden has discussed elsewhere. ... Read more

Central Planners Are In A State Of Panic
ZeroHedge | author | 11/07/14

The central planners are in a state of fear and panic. They are trying everything and anything to create market validation for their policies, watching with trepidation as their favored economic metrics fail to respond to all of their frenzied efforts.

... They've spurred the greatest wealth gap ever in US history, greater even than at the extremes of the Great Depression, apparently without the slightest concerns for Plutarch's ancient admonition that "An imbalance between rich and poor is the oldest and most fatal ailment of all republics."

... In short, everything the central planners have tried has failed to bring widespread prosperity and has instead concentrated it dangerously at the top. Whether by coincidence or conspiracy, every possible escape hatch for 99.5% of the people has been welded shut. We are all captives in a dysfunctional system of money, run by a few for the few, and it is headed for complete disaster. ... Read more

It is amazing how far we have come in less than 100 years (technology wise)!
Democracy Now! U.S. and World News Headlines for Friday, November 07 [14:25]
*DN | Matt Taibbi and Bank Whistleblower on How JPMorgan Chase Helped Wreck the Economy, Avoid Prosecution (11/07/14) [9:25]
Full interview with Matt Taibbi & JPMorgan Chase whistleblower Alayne Fleischmann (starts about 2inch in on Progressbar).
DN | Full interview with Matt Taibbi & JPMorgan Chase whistleblower Alayne Fleischmann (11/07/14) [35:00]
*DN | New GOP Majority Backs Amnesty for Corporate Tax Dodgers, But Not Undocumented Immigrant Workers (11/07/14) [1:57]
Jon Stewart
Jon Stewart Calls Out 'Chickensh*t' Democrats. (11/07) [5:07]
*TRNN | Katrina vanden Heuvel on Interviewing Edward Snowden, Part 1 (11/07/14) [17:07]
TRNN | Hedges & Wolin: Can Capitalism and Democracy Coexist?, Part 7 (11/06/14) [20:09]
*TRNN | Hedges & Wolin: Can Capitalism and Democracy Coexist?, Part 8 (11/07/14) [23:35]
*TRNN | World Bank and IMF Polices behind the Inadequate Health Infrastructure to Quell Ebola (11/07/14) [14:07]
The World Bank's response to the Ebola crisis is inadequate since it is responsible for weakening health care systems in the region, says policy analyst and activist Nii Akuetteh.
TYT | Actual US Senators Believe These INSANE Conspiracy Theories (11/06/14) [6:05]
TYT | Republicans Stop Laughing Long Enough To Thank Democrats (11/06/14) [4:34]
TYT | Corporatist Obama Excited Now That Those Pesky Dems Are Gone (11/06/14) [6:15]
TYT | After Lying Themselves To Power, GOP Begins Their True Agenda (11/06/14) [6:29]
TYT | Democrats Show Head-Spinning Weakness On Mandates, Unlike GOP (11/06/14) [11:10]

Note: for more news, and archived news go to:
http://occupybanksters.com/news/ menu.

12.14.2011. 09:19

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