Archive for November, 2011
Congressman Kucinich Says the Federal Reserve Controls the Federal Government
Posted in Uncategorized, tagged Dennis Kucinich, Federal Reserve on Jpm11000000pmWed, 30 Nov 2011 14:31:09 -080011 10, 2010| Leave a Comment »
German Economy Among the Strongest in the World
Posted in Uncategorized, tagged Germany, unemployment on Jpm11000000pmWed, 30 Nov 2011 14:26:07 -080011 10, 2010| Leave a Comment »
Germany provided a rare ray of light in the eurozone gloom on Wednesday, with record low unemployment and surprisingly good retail data showing Europe’s top economy is holding up well in the crisis.
Germany’s unemployment rate fell to 6.4 percent in November, its lowest level since reunification more than two decades ago, with the number of people out of work declining much faster than economists had expected.
“The German labour market is benefiting from the good economic trend until now. In November, there was no clouding over,” saidHeinrich Alt from the federal labour agency.
“Unemployment is going down, employment is still rising and the demand for labour has also increased,” added Alt.
Last week, a disappointing bond auction in Germany fuelled fears that the eurozone debt crisis was seeping from the edges of the bloc to the core.
Markets were concerned that if European powerhouse Germany was having difficulty selling its bonds, then there was little hope for the likes of Italy and Spain.
However, despite a flood of doom-and-gloom headlines from around Europe, Germany continues to show resilience.
A Christmas Carol The Republican Party Presidential Candidates Video Parody
Posted in Uncategorized, tagged 2012, candidates, presidential, Republican, video on Jpm11000000pmWed, 30 Nov 2011 14:15:48 -080011 10, 2010| Leave a Comment »
The People’s Revolution in Iceland this Past Year That Your Government and Media Don’t Want You to Know About
Posted in Uncategorized, tagged Banks, Iceland, mortgage securities, revolution on Jam11000000amWed, 30 Nov 2011 09:57:36 -080011 10, 2010| 1 Comment »
We’re told that Greece is on the verge of financial collapse, and so too are Italy and Spain. Iceland was too, and for similar reasons as the nations named above, just a few years ago at the start of the current Great Depression in 2007. But the people of Iceland did something amazing the corporate media and your government doesn’t want you to know about. Click the link below for the full story. But before you do this, remember the term neo-liberal. It means free trade (outsourcing jobs and redistributing income from working people to the rich). It also means deregulation and privatization, and these mean destroying more jobs and redistributing more income and wealth to the rich.
Police sweep away Occupy Los Angeles and Occupy Philedelphia
Posted in Uncategorized, tagged expelled, Occupy Los Angeles, Occupy Philedelphia, Police on Jam11000000amWed, 30 Nov 2011 09:39:52 -080011 10, 2010| Leave a Comment »
The police have swept away Occupy Los Angeles and Occupy Philedelphia. 1400 police is full riot gear arrested about 200 peaceful protesters in LA.
Who Are the Occupiers? Where do they come from?
Posted in Uncategorized, tagged demographics, occupiers, Occupy Movement, Shawn Sorensen on Jpm11000000pmTue, 29 Nov 2011 12:54:05 -080011 10, 2010| Leave a Comment »
Where do the occupiers come from? According to the press, most of us seem to be drug addicts, petty criminals, the unemployed and young. Of course, according to the press, some of us are good people. Anyway, click the link below to see who they are. Many thanks to Shawn Sorensen for bring this to my attention.
Former Congressman Alan Grayson Says the Federal Reserve Bank Played “”Russian Roulette” by Printing and Handing Out $26 Trillion to the Rich
Posted in Uncategorized, tagged $26 Trillion, Alan Grayson, Federal Reserve, Goldman Sacs, Keith Olbermann on Jpm11000000pmTue, 29 Nov 2011 12:26:02 -080011 10, 2010| 5 Comments »
Former U.S. congressman Alan Grayson (D-FL) appeared on Countdown Monday evening to discuss how an audit of the Federal Reserve revealed the private bank giving $26 trillion to U.S and foreign banks without Congress’ authorization.
“For the first time in history, I’m talking the 100 year history of the Federal Reserve, they played favorites,” Grayson told host Keith Olbermann. “They said we’ll give a hundred billion to this institution, another hundred billion to this institution, and so on down the line, when you and I couldn’t even come close to accessing that kind of money of those terms.”
There is something Grayson doesn’t mention in the link below. Goldman Sacs received billions of dollars in loans from the Fed at 0.001 percent interest. Then Goldman lent the money back to the federal government at a much higher interest rate. Shortly after that, Goldman reported record earnings for its rich investors and CEOs thanks to this scam. In other words, the Fed was the architect of a scam to redistribute income from working Americans to rich investors. That’s because the government pays the interest on its debt out of the money it takes in the form of taxes. Some of that tax money went to the rich investors of Goldman Sacs because they’d borrowed cheap and lent it back at the higher rate. This was another corporate/rich person welfare scam engineered by the Federal Reserve and your government looked the other way. Once again the affluent were too rich to be allowed to look stupid in their failure. So the government bailed them out. (John Hively)
Occupy LA protesters braced for eviction
Posted in Uncategorized, tagged eviction, Occupy, Occupy Los Angeles, Occupy wall street on Jam11000000amTue, 29 Nov 2011 10:56:38 -080011 10, 2010| Leave a Comment »
LA mayor Antonio Villaraigosa tells Occupy protesters to take down tents or face forcible removal from land outside city hall.
Joaquin Luna: undocumented migrant whose lack of hope drove him to suicide
Posted in Uncategorized, tagged dream act, illegal, Joaquin Luna, Undocumented immigrant on Jam11000000amTue, 29 Nov 2011 10:50:19 -080011 10, 2010| Leave a Comment »
Before he died, Joaquin Luna put on his best suit, white shirt and black skinny tie, the same outfit he wore every Sunday without fail to the Pan de Vida church in his home town of Mission, Texas. As his brother put it: “He dressed himself to go to God.”
Then he shot himself in the shower room, leaving behind a note that explained why he ended such a promising life. He spoke of his desperation at what he felt to be the wall blocking out his future and preventing him from attaining his dreams.
Judge Tells Corrupt Securities and Exchange Commission (SEC) NO Deal with Corrupt Citigroup
Posted in Uncategorized, tagged citigroup, Jed rakoff, Keith Olbermann, Matt Taibbi, Mortgages, rolling stone, SeC, Securities and exchange commission on Jpm11000000pmMon, 28 Nov 2011 23:21:23 -080011 10, 2010| Leave a Comment »
NEW YORK — A US judge Monday rejected a $285 million settlement Citigroup made with US regulators over its marketing of mortgage securities that quickly went sour, saying the bank was getting off lightly.
New York federal court judge Jed Rakoff scolded the Securities and Exchange Commission for agreeing to a deal that he called inadequate and not in the public interest.
He also labelled the huge bank a “recidivist” that viewed such fines as “pocket change” and simply “a cost of doing business.”
Matt Taibbi of Rolling Stone discussed Monday on Countdown with Keith Olbermann the “unusual” decision of a judge to reject settlement Citigroup made with U.S. regulators over its marketing of mortgage securities.
New York federal court judge Jed Rakoff scolded the Securities and Exchange Commission (SEC) for agreeing to a deal that he called inadequate and not in the public interest.
“He came out basically and said that the SEC and Wall Street have been in a wink-wink, nudge-nudge arrangement for years,” Taibbi explained.
Click this link for greater coverage of this story
Click the link below for Keith Olbermann’s interview on this issue with Matt Taibbi.