Occupy Banksters & Crony Capitalism & GREED

U.S. Corporate Profits on Pace for Third Straight Decline
WSJ | Theo Francis | 04/29/16

Slow global growth, energy slump weigh on earnings of S&P 500 companies

Weakness was felt across the board, with executives from Apple Inc. to railroad Norfolk Southern Corp. and snack giant Mondelez International Inc. saying the current quarter remains tough. 3M Co., which makes tapes, filters and insulation for consumer electronics, forecast continued weak demand for that industry. Procter & Gamble Co. reported sales declines in its five business categories despite price increases. ... Read more

TYT | Republicans And Billionaires Plot Evil At Island Getaway (older, but good | 03/13/16) [8:34]

The House Just Voted To Give Wall Street Billions From Americans' Retirement Savings
HP | Ben Walsh | 04/28/16

Investment advisers are allowed to give you bad advice. The House wants to keep it that way.

The House voted 234 to 188 Thursday to undo a rule proposed by the Labor Department earlier this month that would require anyone getting paid to provide retirement investment advice to act in the best interest of retirees. Many people think that's already how things work, but it isn't.

The way things work right now is that brokers who oversee retirement savings accounts can be paid extra to steer their clients into unnecessarily expensive funds or excessively risky investments, without disclosing that fact to their clients. That sort of conflicted investment advice costs Americans saving for retirement $17 billion a year, according to the White House Council of Economic Advisers. ... Read more

Paul Krugman and Holman Jenkins Shill for the Giant Banks
TRNN | Bill Black | 04/28/16

What Caused the Financial Crisis?

There can be no sure answer to the question of when a massive crisis "begin[s]." Attempting to answer the question implicitly requires understanding the causes of the crisis. The global financial crisis required three elements to come together. We needed huge losses on assets, a hyper-inflated bubble, and the failure of a systemically dangerous financial institution. These three elements may not "begin" at the same time.

In the United States, the losses came from the two great epidemics of loan origination fraud -- appraisal fraud and "liar's" loans. Those losses were then reallocated through the third great epidemic of fraud, sales of the fraudulently originated loans through fraudulent "reps and warranties" to the secondary market and investors. These three fraud epidemics, each an example of "accounting control fraud," also caused the financial bubble to hyper-inflate. The bubble, in turn, increases losses. Lehman's failure triggered the global crisis, but if it had not been Lehman it could have been the losses caused by these three fraud epidemics at any of roughly a dozen large financial firms that would have been trigger. ... Read more

*Children of Chernobyl () [52:11]

*TRNN | Phyllis Bennis says: Trump Embraces Israel and Promotes "Western Civilization" (04/28/16) [10:48]

RT | 'America First': Trump lays out foreign policy vision in Washington speech (04/27/16) [10:22]

John Boehner Calls Ted Cruz "A Miserable Son Of A Bitch, Lucifer In The Flesh"
ZeroHedge | author | 04/28/16

Is the establishment's fervent hatred of Donald Trump starting a U-turn? It's still too early to know, however at least one core Republican, former house speaker John Boehner, has made it very clear he is not a fan of Ted Cruz. At all. So much so that according to NBC the former Republican House Speaker told an audience at Stanford University Wednesday that the Texas senator is "Lucifer in the flesh" and a "miserable son of a bitch... I have never worked with a more miserable son of a bitch in my life." ... Read more

Stockman: Anything Trumps Hillary
ZeroHedge | author | 04/28/16

So is there any chance at all that Trump will make America Great Again by erecting trade barriers, a Trump Wall on the Rio Grande and an end to America's imperial beneficence and meddling abroad? Stayed tuned. There may be more to The Donald than meets the eye. And whatever it is, it certainly trumps Hillary's deplorable purpose to make Imperial Washington an even greater menace both abroad and at home. ... Read more

Luxembourg Puts Journalist and Whistleblowers On Trial for Ruining Its "Magical Fairyland" of Tax Avoidance
TheIntercept | jon Schwarz | 04/27/16

LUXEMBOURG IS TRYING to throw two French whistleblowers and a journalist in prison for their role in the "LuxLeaks" exposé that revealed the tiny country's outsized role in enabling corporate tax avoidance.

The trial of Antoine Deltour and Raphael Halet, two former employees of the international accounting firm PricewaterhouseCoopers, and journalist Edouard Perrin began Tuesday. ... Read more

The Nightly Show with Larry Wilmore (04/27/16) [2:27]

Debt Is Growing Faster Than Cash Flow By The Most On Record
ZeroHedge | author | 04/28/16

Net debt growth skyrocketing nearly 30% y/y, while EBITDA has been contracting for the past year. In fact, as SocGen shows below, the difference in the growth rate between these two most critical data series is now over 35% - the biggest deficit in over 20 years. ... Read more

Donald Trump Speaks on Foreign Policy in Washington, DC (full) 904/27/16) [46:20]

TYT | Donald Trump Destroys Ted Cruz In The Northeast GOP Primary (04/26/16) [5:44]

TYT | The Movement Bernie Started Is Just Beginning (04/26/16) [7:49]

A Major Warning From Tom McClellan : "Can This Possibly End Well?"
ZeroHedge | author | 04/27/16

In one of his tweets yesterday, Tom McClellan, creator of the famous McClellan Oscillator and Summation index used by thousands of traders everywhere as a market timing tool, pointed out something disturbing: the number of shares outstanding of the VXX, the VIX tracking ETN, has soared exponentialy in recent weeks. As McClellan cautions: "VIX futures ETF extremely popular now. Can this possibly end well?" ... Read more

30 Years After the Chernobyl Disaster, a Nuclear Menace Still Hides in Plain Sight
Hp | Ioana Moldovan | 04/25/16

CHERNOBYL, Ukraine -- It was a fine spring night, people peacefully sleeping as weekday passed into weekend, until Chernobyl's fourth nuclear reactor blew up. Oleksandr Galuh recalls that night well. "My mother woke up as the windows shattered," Galuh, then a fourth-grader in Pripyat, a town not too far from Chernobyl, remembers. "She thought it was a thunderstorm."

But no thunder rocked the still of night -- an explosion did. It was April 26, 1986 at 1:23 a.m. when reactor no. 4 of the Chernobyl nuclear power plant went up in flames. The worst nuclear accident in history had just taken place. ... Read more

*TYT | MSNBC Democratic Town Hall | The Young Turks Summary (04/25/16) [3:15]

CIA Employees 'Terrified,' Fear 'Exodus'...
HP | Andy Kroll | 04/26/16

When Donald Trump launched his bid for the White House, one of his earliest initiatives was a promise to help Americans who had gone to war for their country. Or, as his campaign put it, to take care of "all Veteran complaints very quickly and efficiently like a world-class business man can do, but a politician has no clue." Last summer, about a month after declaring his candidacy, Trump unveiled a hotline for veterans to share ideas about how to overhaul the bureaucracy that served them.

Many of the veterans who called the hotline--855-VETS-352--say they were sent to an automated voicemail message telling them to email the campaign. Those who reached a live human were similarly instructed to send an email, or to mail their medical records to campaign headquarters at Trump Tower. It soon became evident that Trump had no actual plan in place to help anyone who contacted him through the hotline. ... Read more

Time Does Not Heal All Wounds
HP | Victoria Strong | 04/24/16

Time does not heal. Not in and of itself. True healing requires a consciousness and constant work. Every day. For the rest of your life without your child.

I don't say this because I have now managed to live eight months without my Gwendolyn, an eternity and a blink all at once. I say this from watching friends over the last 8 years lose their children, the ways they've healed and the ways they never will. ... Read more

Obama in Germany to Push TTIP
TRNN | author | 04/26/16

Obama?s arrival in Germany on Sunday was met by 90,000 protesters who are opposing the Transatlantic Trade and Investment Partnership or TTIP. Obama came to Germany to support the government in its effort to ratify the free trade agreement despite opposition to the deal by majority of the population in both countries. Many Germans see the deal as an effort to undermine German health and safety regulations for the benefit of corporate profits. Only 17 percent of Germans support the TTIP according to a recent poll.

The other item on Obama's agenda with Germany's Chancellor Angela Merkel was a deal to increase patrols off of the Libyan coast in order to prevent smugglers from risking more lives of refugees who are trying to reach Europe. Last week it was suspected that up to 500 refugees drowned when their ship sank near Libya. ...

China Commodity Bubble Bursts As Exchanges Curb Goldman's "Biggest Concern"
ZeroHedge | author | 04/26/16

During the last week we have highlighted the frightening similarity between the speculative spike in China commodity trading (which has sent industrial metals prices soaring in yet another 'error' signal for real supply and demand) and the pump-n-dump in Chinese stocks. Specifically, as Goldman warns the factor that "concerns us the most is the increased speculation in the Chinese iron ore futures market," and now, as Bloomberg reports, it appears that bubble is bursting as Steel and Iron Ore prices tumble most in 21 months after Chinese exchanges raise margins in an attempt to curb speculation. ... Read more

*TRNN | Six Thousand Attend Sanders Rally In Baltimore (full) (04/24/16) [59:59]

*TRNN | Bernie Sanders and Danny Glover Exclusive on The Real News (04/24/16) [11:54]

Obama Brexit Blowback - Majority Of Brits Think Comments "Inappropriate"
ZeroHedge | author | 04/25/16

Who could have seen that coming? It appears President Obama's ill-advised Op-Ed and visit to The United Kingdom, exhorting his "friends" to 'just say no' to Brexit and vote democratically to stay part of an undemocratic superstate, has backfired for the establishment. A poll by YouGov suggests that Obama's high profile intervention in the UK's EU Referendum failed with 65% of Brits seeing his comments were not "appropriate." ... Read more

Music Icon Prince Dead At 57
HP | Julia Brucculieri | 04/22/16

Prince, the legendary musician who brought us countless hits, such as "Purple Rain" and "When Doves Cry," has died. He was 57.

"It is with profound sadness that I am confirming that the legendary, iconic performer, Prince Rogers Nelson, has died at his Paisley Park residence this morning at the age of 57," the rep said in a statement. "There are no further details as to the cause of death at this time." ... Read more

*People Get Ready: The Fight Against a Jobless Economy and a Citizenless Democracy by Robert W McChesney & John Nichols

The consequences of the technological revolution are about to hit hard: unemployment will spike as new technologies replace labor in the manufacturing, service, and professional sectors of an economy that is already struggling. The end of work as we know it will hit at the worst moment imaginable: as capitalism fosters permanent stagnation, when the labor market is in decrepit shape, with declining wages, expanding poverty, and scorching inequality. Only the dramatic democratization of our economy can address the existential challenges we now face. Yet, the US political process is so dominated by billionaires and corporate special interests, by corruption and monopoly, that it stymies not just democracy but progress.

The great challenge of these times is to ensure that the tremendous benefits of technological progress are employed to serve the whole of humanity, rather than to enrich the wealthy few. Robert W. McChesney and John Nichols argue that the United States needs a new economy in which revolutionary technologies are applied to effectively address environmental and social problems and used to rejuvenate and extend democratic institutions. Based on intense reporting, rich historical analysis, and deep understanding of the technological and social changes that are unfolding, they propose a bold strategy for democratizing our digital destiny -- before it's too late -- and unleashing the real power of the Internet, and of humanity.

ALBERT EDWARDS: Central bankers will destroy the 'enfeebled' global economy and plunge the world into chaos
businessinsider.com/ | Will Martin | date

Central bankers are going to destroy the "enfeebled" global economy and cause chaos across the world, according to notorious perma-bear Albert Edwards, strategist with Societe Generale.

So far this year he has predicted that the US stock market will fall by 75%, argued that we might be heading for another massive global recession, said China will be forced to float the renminbi, and predicted a "tidal wave" of corporate defaults in the US. Read more

Albert Edwards Finally Blows Up: "I'm Not Really Sure How Much More Of This I Can Take"
ZeroHedge | author |04/22/16

"I'm not really sure how much more of this I can take. So here we are 5, 6 or is it now 7 years into this economic recovery and it still remains pathetically weak. And so it should in the wake of one of the biggest private sector credit bubbles in history. The de-leveraging hangover was always going to be massive and so it is. Quick-fix monetary QE nonsense has made virtually no difference to the economic recoveries other than to inflate asset prices, make the rich richer, inequality worse and make Joe and Joanna Sixpack want to scream in rage." ... Read more

The Killing of Osama Bin Laden by Seymour M. Hersh

In 2011, an elite group of US Navy SEALS stormed an enclosure in the Pakistani city of Abbottabad and killed Osama bin Laden, the man the United States had begun chasing before the devastating attacks of 9/11. The news did much to boost President Obama's first term and played a major part in his reelection victory of the following year. But much of the story of that night, as presented to the world, was incomplete, or a lie. The evidence of what actually went on remains hidden.

At the same time, the full story of the United States' involvement in the Syrian civil war has been kept behind a diplomatic curtain, concealed by doublespeak. It is a policy of obfuscation that has compelled the White House to turn a blind eye to Turkey's involvement in supporting ISIS and its predecessors in Syria.

This investigation, which began as a series of essays in the London Review of Books, has ignited a firestorm of controversy in the world media. In his introduction, Hersh asks what will be the legacy of Obama's time in office. Was it an era of "change we can believe in" or a season of lies and compromises that continued George W. Bush's misconceived War on Terror?

Seymour Hersh Details Explosive Story on Bin Laden Killing & Responds to White House, Media Backlash (05/12/15) [21:05]

Why Did the Iraq War Start? The Untold Story - Seymour Hersh - Reasons, Justification (2005) [1:22:50]

Leading To War - The Complete Film () [1:12:16]

TYT | The Many Reasons People Love Bernie Sanders (04/20/16) [4:08]

TYT | Bernie Sanders | The Young Turks Interview (full) (older, but good 03/23/16) [33:04]

Exclusive Interview: Seymour Hersh Dishes on Saudi Oil Money Bribes and the Killing of Osama Bin Laden
AlterNet | Ken Klippenstein | 04/20/16

A wide-ranging interview tied to his new book, "The Killing of Osama Bin Laden."

Seymour Hersh is an American investigative journalist who is the recipient of many awards, including the Pulitzer Prize for his article exposing the My Lai massacre by the U.S. military in Vietnam. More recently, he exposed the U.S. government's abuse of detainees in the Abu Ghraib prison facility.

Hersh's new book, The Killing of Osama Bin Laden, is a corrective to the official account of the war on terror. Drawing from accounts of a number of high-level military officials, Hersh challenges a number of commonly accepted narratives: that Syrian president Bashar al-Assad was responsible for the Sarin gas attack in Ghouta; that the Pakistani government didn't know Bin Laden was in the country; that the late ambassador J. Christopher Stevens was at the U.S. consulate in Benghazi in a solely diplomatic capacity; and that Assad did not want to give up his chemical weapons until the U.S. called on him to do so. ... Read more

The Killing of Osama Bin Laden by Seymour M. Hersh

In 2011, an elite group of US Navy SEALS stormed an enclosure in the Pakistani city of Abbottabad and killed Osama bin Laden, the man the United States had begun chasing before the devastating attacks of 9/11. The news did much to boost President Obama's first term and played a major part in his reelection victory of the following year. But much of the story of that night, as presented to the world, was incomplete, or a lie. The evidence of what actually went on remains hidden.

At the same time, the full story of the United States' involvement in the Syrian civil war has been kept behind a diplomatic curtain, concealed by doublespeak. It is a policy of obfuscation that has compelled the White House to turn a blind eye to Turkey's involvement in supporting ISIS and its predecessors in Syria.

This investigation, which began as a series of essays in the London Review of Books, has ignited a firestorm of controversy in the world media. In his introduction, Hersh asks what will be the legacy of Obama's time in office. Was it an era of "change we can believe in" or a season of lies and compromises that continued George W. Bush's misconceived War on Terror?

One Commodity Trader Writes: "What Is Happening Has Absolutely No "Reasonable" Explanation"
ZeroHedge | author | 04/21/16

Call me crazy, and I am not a "conspiracy theorist" -- but what is happening has absolutely no "reasonable" explanation. So I have to think outside the box... Read more

In "Unprecedented Snub", Saudi Arabia Demands "Recalibration Of Relationship" With U.S.
ZeroHedge | author | 04/21/16

There is going to have to be "a recalibration of our relationship with America," former Saudi Intelligence Chief Prince Turki Al-Faisal told CNN's Christiane Amanpour. "How far we can go with our dependence on America, how much can we rely on steadfastness from American leadership, what is it that makes for our joint benefits to come together," Turki said in a significant departure from usual Saudi rhetoric. "These are things that we have to recalibrate." ... Read more

Hillary Clinton Won Among Wall Street-Friendly Voters In New York
HP | Willa Frej |04/20/16

Democratic presidential front-runner Hillary Clinton performed well among New York primary voters who believe that Wall Street is a boon for the economy, according to exit polling data.

... The former secretary of state earned more than $11 million delivering 51 speeches in 2014 and the first three months of 2015, according to The Washington Post. Her three speeches (3 hours) to employees of investment bank Goldman Sachs earned her a total of $675,000, and are causing a particular uproar. Sanders has accused Clinton of being influenced by special interest groups. ... Read more

*Why Isn't Everyone in Favor of Taxing Financial Speculation?
HP | Robert Reich | 04/19/16

Buying and selling stocks and bonds in order to beat others who are buying and selling stocks and bonds is a giant zero-sum game that wastes countless resources, uses up the talents of some of the nation's best and brightest, and subjects financial markets to unnecessary risk.

High-speed traders who employ advanced technologies in order to get information a millisecond before other traders get it don't make financial markets more efficient. They make them more vulnerable to debacles like the "Flash Crash" of May 2010.

Wall Street Insiders who trade on confidential information unavailable to small investors don't improve the productivity of financial markets. They just rig the game for themselves. Bankers who trade in ever more complex derivatives -- making bets on bets -- don't add real value. They only make the system more vulnerable to big losses, as occurred in the financial crisis of 2008. ... Read more

Everything Is Rigged: The Biggest Price-Fixing Scandal Ever
Rolling Stone | Matt Taibbi | 04/25/13

The Illuminati were amateurs. The second huge financial scandal of the year reveals the real international conspiracy: There's no price the big banks can't fix

Conspiracy theorists of the world, believers in the hidden hands of the Rothschilds and the Masons and the Illuminati, we skeptics owe you an apology. You were right. The players may be a little different, but your basic premise is correct: The world is a rigged game. We found this out in recent months, when a series of related corruption stories spilled out of the financial sector, suggesting the world's largest banks may be fixing the prices of, well, just about everything. ... Read more

*TYT | The Biggest, Most Corrupt Bank Scheme That's Not Being Stopped (05/12/13) [9:53]

Originally published in 1885, What I Believe is part of series of books by novelist Leo Tolstoy that outline his personal interpretation of Christian theology. After a midlife crisis at age 50, he began to believe in the moral teachings of Christianity, while rejecting mysticism and organized religion. He believed that pacifism and poverty were the paths to enlightenment. His precepts of nonviolence even influenced Mohandas Gandhi. Students of religion, political science, and literature alike will gain new understanding from the ideas presented in this book. Students of literature will get to understand more deeply one of the greatest novelist in history, while those interested in religion and politics can see how Tolstoy's philosophy came to influence the world at large.

Audio Book
What I Believe by Leo Tolstoy, Part 1 (1828-1910) [1:13:10], Part 2 [1:00:29], Part 3 [1:21:42], Part 4 [37:55]
or
WHAT I BELIEVE by Leo Tolstoy (full) [7:59:19]

Trump orders new campaign hierarchy, spending plan
Politico | Kenneth P. Vogel | 04/18/16

In a shakeup that's roiling Donald Trump's presidential campaign, the GOP front-runner told senior staffers at a Saturday meeting that he wants his recent hires Paul Manafort and Rick Wiley to take the reins in upcoming states, giving them a $20-million budget for key contests in May and June, according to three sources with knowledge of the meeting. ...

... But sources inside the Trump campaign said the moves are increasingly alienating staff loyal to the original team headed by campaign manager Corey Lewandowski, which had guided Trump from the political fringe to the precipice of the GOP presidential nomination with relatively little campaign infrastructure or spending.

*Wealth Inequality in America [6:25]

China Launches Yuan Gold Fix To "Exert More Control Over Price Of Gold"
ZeroHedge | author | 04/19/16

Overnight a historic event took place when China, the world's top gold consumer, launched a yuan-denominated gold benchmark on Tuesday as had been previewed here previously in what Reuters dubbed "an ambitious step to exert more control over the pricing of the metal and boost its influence in the global bullion market." ... Read more

The Chinese Start Buying Silver: BofA Says "Momentum Breaks Out To Highest In Years"
ZeroHedge | author | 04/19/16

Overnight a historic event took place when China, the world's top gold consumer, launched a yuan-denominated gold benchmark on Tuesday as had been previewed here previously in what Reuters dubbed "an ambitious step to exert more control over the pricing of the metal and boost its influence in the global bullion market." ... Read more

Institutionalized Lying - Why Central Bankers Never See Bubbles
ZeroHedge | author | 04/19/16

Every day there is more confirmation that the casino is an exceedingly dangerous place and that exposure to the stock, bond and related markets is to be avoided at all hazards. In essence the whole shebang is based on institutionalized lying, meaning that prouncements of central bankers, Wall Street brokers and big company executives are a tissue of misdirection, obfuscation and outright deceit. And they are self-reinforcing, too. ... Read more

Obama Succumbs To Saudi Pressure, Will Veto Sept 11 Lawsuit Bill
ZeroHedge | author | 04/19/16

Following strong Saudi pressure to scuttle the Sept 11 Bipartisan Bill, the president made it clear on what side he stands when the White House threatened to veto the bipartisan bill to let families victimized by the 9/11 terrorist attacks sue Saudi Arabia while a GOP senator privately sought to block the measure. The White House and State Department are bluntly warning lawmakers not to proceed with the legislation due to "fears" it could have dramatic ramifications for the United States and citizens living abroad to retaliatory lawsuits. ... Read more

*Aljazeera | Inside Story - Is it game over for Brazil's first woman president? (04/19/16) [24:50]

Hardly Anyone Trusts The Media Anymore
HP | Nick Visser | 04/18/16

Only 6 percent of people say they have a great deal of confidence in the press, about the same level of trust Americans have in Congress, according to a new survey released on Sunday.

The study mirrors past reports that found the public's trust in mass media has reached historic lows, according to data gathered by the Media Insight Project, a partnership between The Associated Press-NORC Center for Public Affairs Research and the American Press Institute. The report found faith in the press was just slightly higher than the 4 percent of people who said they trusted Congress. ... Read more

*WikiLeaks - The US strategy to create a new global legal and economic system: TPP, TTIP, TISA (08/18/15) [8:22]

*JohnPilger | The War You Don't See (11/24/14) [1:36:41]

The Elephant's Not Even In The Room Yet
ZeroHedge | author | 04/18/16

The elephant outside the room is named Discontinuity. That's perhaps an intimidating word, but it is exactly what the USA is in for. It means that a lot of familiar things come to an end, stop, don't work the way they are supposed to - beginning, manifestly, with the election process now underway in all its unprecedented bizarreness. One reason it's difficult to comprehend discontinuity is because so many operations and institutions of daily life in America have insidiously become rackets, meaning that they are kept going only by dishonest means. If we didn't lie to ourselves about them, they couldn't continue. ... Read more

Why World Leaders Are Terrified of Water Shortages
MotherJones | Nathan Halverson | 04/14/16

Secret conversations between American diplomats show how a growing water crisis in the Middle East destabilized the region, helping spark civil wars in Syria and Yemen, and how those water shortages are spreading to the United States.

Classified US cables reviewed by Reveal from the Center for Investigative Reporting show a mounting concern by global political and business leaders that water shortages could spark unrest across the world, with dire consequences. Many of the cables read like diary entries from an apocalyptic sci-fi novel. ...

... Almarai, which is Saudi Arabia's largest dairy company and has publicly said it's following the king's directive, began pumping up billions of gallons of water in the Arizona desert in 2014 to grow hay that it exports back to the Middle East. Analysts refer to this as exporting "virtual water." It is more cost effective to use the Arizona water to irrigate land in America and ship the hay to Saudi Arabia than it is to fill a fleet of oil tankers with the water.

Arizonans living near Almarai's hay operation say their groundwater is dropping fast as the Saudis and other foreign companies increase production. They are now worried their domestic wells might suffer the same fate as those in Syria and Yemen. ... Read more

Aljazeera | Inside Story - What are the risks of not capping oil production? (04/17/16) [25:10]

*CNN Democratic Debate - Hillary Clinton and Bernie Sanders (full) (04/14/16) [1:25:22]

TYT | CNN New York Democratic Debate | The Biggest Winner Was... (04/14/16) [6:16]

FaceTheNation | Full interview: Bernie Sanders 04/10/16) [8:32]

The Fed Sends A Frightening Letter To JPMorgan, Corporate Media Yawns
ZeroHedge | author | 04/15/16

Yesterday the Federal Reserve released a 19-page letter that it and the FDIC had issued to Jamie Dimon, the Chairman and CEO of JPMorgan Chase, on April 12 as a result of its failure to present a credible plan for winding itself down if the bank failed. The letter carried frightening passages and large blocks of redacted material in critical areas, instilling in any careful reader a sense of panic about the U.S. financial system. The Federal regulators didn't say JPMorgan could pose a threat to its shareholders or Wall Street or the markets. It said the potential threat was to "the financial stability of the United States." ... Read more

Default Cycle Now In Full Swing As Goodrich Petroleum Is Latest To File Chapter 11
ZeroHedge | author | 04/15/16

This morning another troubled energy producer, Goodrich Petroleum announced a prepackaged Chapter filing meant to implement a financial reorganization after struggling to restructure its debt amid declining energy prices. This follows the filing of Energy XXI just 24 hours ago. Since the start of 2015, about 50 oil and gas producers have gone bankrupt, owing more than $17 billion, according to law firm Haynes & Boone LLP. ... Read more

Noam Chomsky: This Is the Propaganda System That Corporate Media Uses to Dominate Society
AlterNet | Andrew Smolski | 04/14/16

... Take a look at the structure of the media system. The major media institutions are great corporations, some of them parts of megacorporations. Like other businesses, they sell a product to a market. The product that they sell is audiences. The market is other corporations, because they survive pretty much on advertising in the modern period. It wasn't always like this. There are other external influences, primarily state power, which itself is very heavily under corporate control, and which has its own propaganda institutions, called public diplomacy or something like that. ... Read more

Aljazeera | Inside Story - How powerful are protest movements? (04/13/16) [24:00]

TYT | Bernie Sanders "The View" - Watch Full Interview! (04/08/16) [15:55]

TYT | Dr. Jane Sanders - Full Interview With Cenk Uygur (04/13/16) [36:29]

New Documents Show Oil Industry Even More Evil Than We Thought
HP | Chris D'Angelo | 04/14/16

In 1968, a pair of scientists from Stanford Research Institute wrote a report for the American Petroleum Institute, a trade association for America's oil and natural gas industry. They warned that "man is now engaged in a vast geophysical experiment with his environment, the earth" -- one that "may be the cause of serious world-wide environmental changes."

The scientists went on: "If the Earth's temperature increases significantly, a number of events might be expected to occur including the melting of the Antarctic ice cap, a rise in sea levels, warming of the oceans and an increase in photosynthesis."

That 48-year-old report, which accurately foreshadowed what's now happening, is among a trove of public documents uncovered and released Wednesday by the Washington-based Center for International Environmental Law. Taken together, documents that the organization has assembled show that oil executives were well aware of the serious climate risks associated with carbon dioxide emissions decades earlier than previously documented -- and they covered it up. ... Read more
Smoke & Fumes (current) [3:49]

Elizabeth Warren Has Basically Had It With Paul Krugman's Big Bank Nonsense
HP | Zach Carter | 04/13/16

... The Federal Reserve and the FDIC said Wednesday that five of the biggest banks in the country cannot credibly be unwound safely without bailout money from taxpayers

"This announcement is a very big deal. It's scary," Warren said in a written statement. "After an extensive, multi-year review process, federal regulators concluded that five of the country's biggest banks are still -- literally -- too big to fail. They officially determined that five U.S. banks are large enough that any one of them could crash the economy again if they started to fail and were not bailed out." ... Read more

IMF Warns of Possible New Financial Crisis in Europe
TRNN | author | 04/14/16

Another global financial crisis could unfold at any moment. That's according to a new report from the International Monetary Fund. The semi-annual Global Financial Stability Report says a third of Eurozone banks face major problems with their financial viability. A trillion dollars worth of outstanding loans in these banks are unprofitable and could face default. Most of the banks holding these loans are in Greece, Italy, and Portugal, though a few critical banks are also located in Germany. José Viñals, the IMF Director who presented the report, explained that there are three main reasons for the increased risk.

"Risks to global financial stability have increased over the last six months and this is due to three main factors. First, higher macro-economic risks, in the context of weaker growth and inflation. Second, falling commodity prices and increasing concerns about China, which have put pressure on emergening markets and credit markets in advanced economies. And third, lower confidence in policies and in policy traction, in an environment of higher financial and economic and political and geopolitical risks." ... Read more

Donald Trump Slams RNC, Calls Delegate Process A 'Scam' And 'Disgrace'
HP | Igor Bobic | 04/13/16

"These are dirty tricksters! This is a dirty trick."

Still peeved at being out-organized by Sen. Ted Cruz (R-Texas) in Colorado, GOP presidential front-runner Donald Trump is crying foul and blaming the system for his campaign's failures.

"These are dirty tricksters! This is a dirty trick," he said at a campaign stop in Rome, New York, on Tuesday evening, blasting the GOP after all 34 of Colorado's delegates went to Cruz. "The RNC, the Republican National Committee, they should be ashamed of themselves for allowing this kind of crap to happen!" ... Read more

16 Homemade Salad Dressings That Will Actually Make You Want To Eat Salad
HP | author | 04/12/16

For a long time, we considered salad to be a necessary evil. Yes, it's nutritious, but it's also basically just leaves. That is, until we discovered some of these meal-changing homemade dressings. Pass the arugula, please. ... Read more

September 11 - The New Pearl Harbor (trailer) [3:11]

*Tragedy and Hope 101 interview with author Joe Plummer (02/28/16) [1:35:18]

CorbettReport | Joe Plummer Teaches Tragedy and Hope 101 (04/11/16) [31:55]

19 Signs That American Families Are Being Economically Destroyed
ZeroHedge| author | 04/12/16

The systematic destruction of the American way of life is happening all around us, and yet most people have no idea what is happening.

Once upon a time in America, if you were responsible and hard working you could get a good paying job that could support a middle class lifestyle for an entire family even if you only had a high school education. Things weren't perfect, but generally almost everyone in the entire country was able to take care of themselves without government assistance. ...

*9/11 Exposed 2nd Edition (2015) [1:50:00]

Bernanke's Former Advisor: "People Would Be Stunned To Know The Extent To Which The Fed Is Privately Owned"
ZeroHedge| author | 04/12/16

Earlier today, former central bank staffer and Dartmouth College economics professor Andrew Levin, special adviser to then Fed Chairman Ben Bernanke between 2010 to 2012, said something shocking. "A lot of people would be stunned to know" the extent to which the Federal Reserve is privately owned." Is the truth finally starting to come out? ... Read more

Tragedy & Hope: A History of the World in Our Time by Carroll Quigley

Tragedy & Hope: A History of the World in Our Time by Carroll Quigley is the ultimate insider admission of a secret global elite that has impacted nearly every modern historical event. Learn how the Anglo-American banking elite were able to secretly establish and maintain their global power. This massive hardcover book of 1348 pages provides a detailed world history beginning with the industrial revolution and imperialism through two world wars, a global depression and the rise of communism. Tragedy & Hope is the definitive work on the world's power structure and an essential source material for understanding the history, goals and actions of the New World Order.

Reading the full 1300 page Tragedy & Hope is hard to do, so here are some abridged versions that you might find interesting.

Tragedy & Hope 101.pdf
Tragedy and Hope by Carroll Quigley(abridged).pdf
Tragedy and Hope - Birungueta.pdf

How Not to Audit the Pentagon
HP | William Hartung | 04/10/16

Five Decades Later, the Military Waste Machine Is Running Full Speed Ahead

From spending $150 million on private villas for a handful of personnel in Afghanistan to blowing $2.7 billion on an air surveillance balloon that doesn't work, the latest revelations of waste at the Pentagon are just the most recent howlers in a long line of similar stories stretching back at least five decades. Other hot-off-the-presses examples would include the Army's purchase of helicopter gears worth $500 each for $8,000 each and the accumulation of billions of dollars' worth of weapons components that will never be used. And then there's the one that would have to be everyone's favorite Pentagon waste story: the spending of $50,000 to investigate the bomb-detecting capabilities of African elephants. (And here's a shock: they didn't turn out to be that great!) The elephant research, of course, represents chump change in the Pentagon's wastage sweepstakes and in the context of its $600-billion-plus budget, but think of it as indicative of the absurd lengths the Department of Defense will go to when what's at stake is throwing away taxpayer dollars.

Keep in mind that the above examples are just the tip of the tip of a titanic iceberg of military waste. In a recent report I did for the Center for International Policy, I identified 27 recent examples of such wasteful spending totaling over $33 billion. And that was no more than a sampling of everyday life in the twenty-first-century world of the Pentagon. ... Read more
**Daily Ticker | Find the $8.5 Trillion the Pentagon Can't Account For (2014) [5:32]

Bernie and the Big Banks
HP | Robert Reich | 04/10/16

The recent kerfluffle about Bernie Sanders purportedly not knowing how to bust up the big banks says far more about the threat Sanders poses to the Democratic establishment and its Wall Street wing than it does about the candidate himself. Of course Sanders knows how to bust up the big banks. He's already introduced legislation to do just that. And even without new legislation a president has the power under the Dodd-Frank reform act to initiate such a breakup.

The biggest are far larger today than they were in 2008 when they were deemed "too big to fail." Then, the five largest held around 30 percent of all U.S. banking assets. Today they have 44 percent. Read more

ROBERT B. REICH's new book, "Saving Capitalism: For the Many, Not the Few," [1:47]

Supply Chain Slump "Worse Than The Great Recession"
ZeroHedge | author | 04/11/16

Not to continue beating a dead horse, but I have a stick and the carcass is right in front of me. The entire supply chain inside the US economy is full agreement both on where the economy is right now and, perhaps more importantly, how it came to be that way. Such harmony is not atypical, as synchronicity usually defines the hard edges of any cycle. This, however, is something else entirely, especially as it stretches back years and confirms we are witnessing nothing like the usual. ... Read more

Goldman Slammed With $5.1 Billion Fine For "Serious Misconduct" In Mortgage Selling
ZeroHedge | author | 04/11/16

Hot on the heels of Wells Fargo's $1.2 billion settlement, Bloomberg reports that Goldman Sachs will pay $5.1 billion to settle a U.S. probe into its handling of mortgage-backed securities involving allegations that loans weren't properly vetted before being sold to investors as high-quality bonds. "This resolution holds Goldman Sachs accountable for its serious misconduct in falsely assuring investors that securities it sold were backed by sound mortgages, when it knew that they were full of mortgages that were likely to fail," said Acting Associate Attorney General Stuart Delery. ... Read more

Shocking Photo: Nearly 30 Oil Tankers in Traffic Jam Off Iraqi Coast
ZeroHedge | author | 04/08/16

Oil tankers are caught in a traffic jam near the Iraqi port of Basra, causing delays in loading. According to Reuters, around 30 very large crude carriers (VLCCs) are sitting in the Persian Gulf, and the backlog could cost ship owners more than $75,000 per day. Some could be waiting for weeks to reach the port. Check out this shocking satellite photo of the tanker traffic jam just off the coast of Iraq. ... Read more

America's War for the Greater Middle East: A Military History Hardcover by Andrew J. Bacevich

During the 1980s, Bacevich argues, a great transition occurred. As the Cold War wound down, the United States initiated a new conflict--a War for the Greater Middle East--that continues to the present day. The long twilight struggle with the Soviet Union had involved only occasional and sporadic fighting. But as this new war unfolded, hostilities became persistent. From the Balkans and East Africa to the Persian Gulf and Central Asia, U.S. forces embarked upon a seemingly endless series of campaigns across the Islamic world. Few achieved anything remotely like conclusive success. Instead, actions undertaken with expectations of promoting peace and stability produced just the opposite. As a consequence, phrases like "permanent war" and "open-ended war" have become part of everyday discourse.

Connecting the dots in a way no other historian has done before, Bacevich weaves a compelling narrative out of episodes as varied as the Beirut bombing of 1983, the Mogadishu firefight of 1993, the invasion of Iraq in 2003, and the rise of ISIS in the present decade. Understanding what America's costly military exertions have wrought requires seeing these seemingly discrete events as parts of a single war. It also requires identifying the errors of judgment made by political leaders in both parties and by senior military officers who share responsibility for what has become a monumental march to folly. This Bacevich unflinchingly does.

A twenty-year army veteran who served in Vietnam, Andrew J. Bacevich brings the full weight of his expertise to this vitally important subject. America's War for the Greater Middle East is a bracing after-action report from the front lines of history. It will fundamentally change the way we view America's engagement in the world's most volatile region.

"Let Me Tell You About The Very Rich"
ZeroHedge | author | 04/08/16

As the Panama Papers appear to show, the very wealthy play by an entirely different set of rules than the average person when it comes to paying taxes. The role of global banks has been a prominent feature of early reporting on the Panama files, reinforcing the impression of the entire sector as one big, risky rip-off machine, preying on consumers and governments to maximize profit. The scandal is only the latest in a series of almost countless ones, most of which were settled with fines and no admission of guilt. There is hardly a global financial market that has not been systematically manipulated by major Wall Street firms: interest rates, foreign exchange, metals, electricity -- the list goes on. ... Read more

Obama's Nuclear Security Summit Neglects 98 Percent of the World's Bomb-Ready Uranium
TheIntercept | Alex Emmons | 04/01/16

fourth and final nuclear security summit taking place this week, world leaders are confronting the danger posed by nuclear terrorism -- specifically, by reducing the ways that terrorists could get their hands on the uranium they would need to build a nuclear bomb.

But critics have pointed out that the summits have only focused on highly enriched uranium in civilian possession, which, according to the Department of Energy, only accounts for 2 to 3 percent of the world's supply. That small percentage is used mostly by academics for research and medical isotope production.

The remaining 97 to 98 percent is held in military stockpiles, which the security summits have largely ignored. Countries keep the safeguards on these stockpiles secret, and military material falls outside the scope of international security agreements. ... Read more

Octopus Brains Are So Much Cooler Than You Think
MotherJones | Tim McDonnell | 04/08/16

... This week's episode of the Inquiring Minds podcast is all about octopuses, specifically how these amazing cephalopods--the group of marine invertebrates that also includes squid and cuttlefish--are vastly more intelligent than they get credit for. That's right: Octopuses lead a life of the mind. Not that they have a brain like you're probably picturing, exactly.

"Their brain is so unlike ours, it's almost difficult to describe it as a brain," explains Sy Montgomery, a naturalist and author whose most recent book, The Soul of an Octopus, is a fascinating dive into cephalopod psychology. "Ours is like a walnut in a shell; their brain wraps around the throat." ... Read more

Most intelligent Mimic Octopus in the world () [1:48]

Money in Politics Is a Crisis. Three Bills That Would Solve the Crisis of Money in Politics
HP | Nick Penniman | 04/04/16

Let's stop giving members of Congress a pass. Here's what I mean: While the media, and even the presidential candidates themselves, rail against super PACs, our democracy is being hollowed out by a problem that existed long before Citizens United -- "hard money" fundraising by Congress.

"Hard money" refers to contributions given directly to a candidate's campaign, rather than outside political groups such as super PACs or dark money nonprofits. While direct campaign contributions are capped at $2,700 per election, these donations still comprised bulk of political giving in the 2014 midterms. ... Read more
HBO John Oliver: Congressional Fundraising (04/03/16) [21:24]

Syrian Refugees Across The U.S. Are Condemning ISIS
HP | David Bier | 04/06/16

After the Paris terrorist attack, 31 governors said that they wanted no more Syrians admitted to their states. In the months since, Syrian refugees across the country had the opportunity to respond. Their message is simple: get to know us.

Nidal Alhayak was resettled outside of Detroit last year after he was tortured by the Assad regime. "I totally understand their fear," he told NPR last year. "We're not like that. We went through terror ourselves." Hasni, a Syrian refugee in Raleigh, still fears for his life. "If [ISIS militants] catch me," he told his local station, "absolutely, they kill me."

Linda, a Syrian who is living in Maryland, responded to her governor's decision to oppose Syrians in the Washington Post. "We, too, were appalled by the Islamic State's terrorist attacks in Paris and condemn them wholeheartedly. My family and I lived through horrific acts like these," she wrote after describing her own son's killing. ... Read more

"It's Probably Nothing": Truck Orders Plunge 37% As Unsold Inventories Soar Most Since 2007
ZeroHedge | author | 04/07/16

orders for new big rigs plunged and inventories of unsold trucks soared to their highest levels since just before the financial crisis, as uncertainty about future demand and a weak market for freight transportation weighed on truck manufacturers.About 67,000 Class 8 trucks are sitting unsold on dealer lots, after sales in March dropped 37% from a year earlier to 16,000 vehicles. ... Read more

Hijacking Catastrophe [1:11:04]

TalkingStickTV | Chalmers Johnson - The Sorrows of Empire (older, 11/22/10) [58:37]

The Sorrows of Empire: Militarism, Secrecy, and the End of the Republic by Chalmers Johnson

In the years after the Soviet Union imploded, the United States was described first as the globe's "lone superpower," then as a "reluctant sheriff," next as the "indispensable nation," and in the wake of 9/11, as a "New Rome." In this important national bestseller, Chalmers Johnson thoroughly explores the new militarism that is transforming America and compelling us to pick up the burden of empire.

Recalling the classic warnings against militarism-from George Washington's Farewell Address to Dwight Eisenhower's denunciation of the military-industrial complex-Johnson uncovers its roots deep in our past. Turning to the present, he maps America's expanding empire of military bases and the vast web of services that support them. He offers a vivid look at the new caste of professional militarists who have infiltrated multiple branches of government, who classify as "secret" everything they do, and for whom the manipulation of the military budget is of vital interest.

Among Johnson's provocative conclusions is that American militarism is already putting an end to the age of globalization and bankrupting the United States, even as it creates the conditions for a new century of virulent blowback. The Sorrows of Empire suggests that the former American republic has already crossed its Rubicon-with the Pentagon in the lead.

*Elizabeth Warren Lambasts Former Colleague In War Over Financial Rules
HP | Shahien Nasiripour | 04/05/16

There is a well-worn Washington playbook that the financial industry and Republicans use when they want to kill a proposal meant to protect households from dodgy financial practices: They claim the costs of the proposal exceed its benefits.

On Tuesday that strategy appeared to blow up in their faces when Sen. Elizabeth Warren (D-Mass.) spent seven minutes skewering a former senior regulator at the Federal Reserve who she claimed played a "key role in blowing up the economy." Warren accused Leonard Chanin, a financial industry lawyer critical of post-crisis rules, of failing to police suspect subprime mortgage lending in the runup to the 2007-2009 financial crisis. ... Read more
Senator Elizabeth Warren at Banking Hearing on Consumer Finance Regulations (04/05/16) [7:18]

Rothschild Humiliates Obama, Reveals That "America Is The Biggest Tax Haven In The World"
ZeroHedge | author | 04/06/16

"In a draft of his San Francisco presentation, Rothschild's Penney wrote that the U.S. "is effectively the biggest tax haven in the world." The U.S., he added in language later excised from his prepared remarks, lacks "the resources to enforce foreign tax laws and has little appetite to do so." ... Read more

*The Panama Papers: This Is The Consequence Of Centralized Money And Power
ZeroHedge | author | 04/06/16

Increasing concentrations of wealth and power that are free of any constraint (such as taxes) is not just the consequence of centralized money and state power--this inequality is the only possible output of centralized money and state power. The Panama Papers offer damning proof of this. Here is a graphic portrayal of just how concentrated global wealth really is: the top .7% (less than 1%) own 45% of all global wealth, and the top 8% own 85%. ... Read more
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*Wealth Inequality in America [6:25]

Aljazeera | Inside Story - Does offshore banking encourage corruption? (04/06/16) [25:00]

What You Need To Know About The Panama Papers Leak
HP | Nick Robins-Early | 04/04/16

The revelations are based on the "Panama Papers," 11.5 million leaked documents tied to the Panamanian law firm Mossack Fonseca.

Among the prominent figures listed in the documents are Iceland's Prime Minister Sigmundur David Gunnlaugsson and Ukraine's President Petro Poroshenko. British Prime Minister David Cameron, Pakistan's President Nawaz Sharif and Russian President Vladimir Putin are also connected to the leak through associates or family members. Putin's friends, the documents show, have amassed over $2 billion in offshore holdings. Read more

TYT | Panama Papers Expose Massive Global Corruption Scandal (04/04/16) [7:26]

"The Cat Is Out Of The Bag" - In Interview Mossack Fonseca Founders Admit It's Over... To Rothschild's Delight
ZeroHedge | author | 04/05/16

"The cat's out of the bag," Mossack said. "So now we have to deal with the aftermath"... an aftermath that will make the provider of the biggest new tax haven service in the world, Rothschild, extremely happy. ... Read more

Deutsche Bank Dead-Cat-Bounce Dies As Bund Yields Collapse Near Record Lows
ZeroHedge | author | 04/05/16

Just when you thought it was safe to catch a falling knife and that all the systemic fears in the world had been washed away by coordinated central bank manipulation, this happens...

Deutsche Bank stock price is retesting record lows as - just like Lehman - all the soothing words merely enabled a dead-cat-bounce to let some 'insiders' out with less pain. ... Read more
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Donald Trump Has An Ace To Play Against Fox News
hp | Christina Wilkie | 04/03/16

When Republican presidential candidate Donald Trump launched a crusade against Fox News and its star anchor, Megyn Kelly, last summer, many political insiders saw the move as the beginning of the end of Trump's upstart campaign.

Why would anyone seeking the Republican presidential nomination attack a network that reaches huge swaths of the Republican primary electorate?

But in a newly published article Sunday in New York Magazine, author and journalist Gabriel Sherman reveals how Trump came to possess ultra-insider information about Fox News and its founder, Roger Ailes, that could be damaging if it were ever to be made public. ... Read more

The Panama Papers: Victims of Offshore (04/03/16) [4:18]

PANAMA PAPERS, The secrets of dirty money (article) (current)

Lawyer At Center Of Panama Papers Data Leak Says Firm Suffered 'Limited Hack'
HP | Reuters | 04/04/16

The head of Mossack Fonseca said his firm had fallen victim to "an international campaign against privacy." ... RIGHT!!

The head of a Panama-based law firm at the center of a massive leak of offshore financial data on Sunday denied any wrongdoing, and said his firm has fallen victim to "an international campaign against privacy." ... Read more
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Mossack Fonseca (Panama Papers): The Nazi, CIA And Nevada Connections... And Why It's Now Rothschild's Turn
ZeroHedge | author | 04/04/16

"Jurgen Mossack's family landed here in the 1960s. During World War II, his father had served in the Nazi Party's Waffen-SS, according to U.S. Army intelligence files obtained by the ICIJ. Once in Panama, the elder Mossack offered to spy on communists in Cuba for the CIA." And yes, Mossack Fonseca may now be history, and its countless uberwealthy clients exposed, but none other than Rothschild is now delighted to be able to fill its rather large shoes. ... Read more

Manufacturing Recession Deepens: Factory Orders Drop To Five Year Low; 16 Consecutive Declines
ZeroHedge | author | 04/04/16

In 60 years, the US economy has not suffered a 16-month continuous YoY drop in Factory orders without being in recession. Moments ago the Department of Commerce confirmed that this is precisely what the US economy did, when factory orders not only dropped for the 16th consecutive month Y/Y, after declining 1.7% from last month but at $454 billion for the headline number, this was the lowest print since the summer of 2011. ... Read more

Donald Trump's Ratings Are Historically Awful
HP | Ariel Edwards-Levy | 03/31/16

Give Donald Trump credit: his candidacy may be unifying the country over dislike for him.

At this point, it might be easier to run down the list of demographic blocs Trump hasn't alienated. He's disliked by Democrats and independents, by young voters, and by minorities, not to mention even the female voters in his own party.

If he wins the GOP nomination, Trump wouldn't be the first nominee to enter a general election with negative ratings. He would, however, be the least popular major party nominee in modern times. The only recent candidate with comparably low ratings is former KKK leader David Duke, who unsuccessfully sought the GOP nomination in 1992. ... Read more

One chart that proves Donald Trump and Bernie Sanders's voters aren't the same
Vox | Dara Lind | 03/31/16

A new survey from the Pew Research Center asked supporters of the five remaining presidential candidates where they fall on various major issues. And on pretty much every issue tested, as the below chart shows, Sanders and Trump supporters have more in common with the other people in their party than they do with each other. ... Click picture to zoom in
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TYT | How Similar Are Bernie And Trump Supporters? (03/31/16) [7:28]

*Foreign Money Is Flowing Into U.S. Elections, Alito's Lying Lips Notwithstanding
TheIntercept.com | Jon Schwarz | 03/31/16

IN HIS 2010 State of the Union address, Barack Obama attacked the then-new Citizens United Supreme Court decision for making it possible for U.S. elections to be bankrolled by "foreign entities."

Justice Samuel Alito, part of the Citizens United majority, was in the audience, and shook his head and seemed to mouth "not true."

But a member of the Federal Election Commission sounded the alarm Wednesday, explaining that it is indeed true -- and quixotically calling on her chronically deadlocked colleagues to make it stop. ... Read more

Where The March Jobs Were: The Minimum Wage Deluge Continues
ZeroHedge | author | 04/01/16

In March the US economy added a healthy 215K jobs, beating expectations and more importantly, pushing the average hourly earnings up by 0.3% on the month. Which, however, is curious because a cursory look at the job additions in the month reveals that nearly two-third of all jobs, and the three top categories of all job additions, were once again all minimum wages jobs. ... Read more
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