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Archive for April 21st, 2012

The folks of the Federal Reserve are not known for being funny, but sometimes they are. Dylan Ratigan, the democracy demander from MSNBC joined with the Huffington Post to attack the traditional secrecy of the central bank. Months ago, they filed a freedom of information request “asking the Fed to make available the meeting minutes of Fed decision makers from 2007 to 2010. Those were the critical years of financial collapse and massive bailouts when the Fed dispensed trillions of dollars to comfort the panicky financial system and prop up insolvent banks.”

See the full story and video below.

Dylan Ratigan Wants the Federal Reserve to Provide the Minutes of Meetings Leading to the Rescue of Wall Street

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The Oregonian newspaper is the primary propaganda organ of the one percent in the state of Oregon. The newspaper reported today that the Beaverton School District is going to lay off 344 employees. The district is the third largest in the state. What is conspicuous is what the Oregonian chose not to mention; much of the tax base has been shipped overseas via free trade agreements. It’s true that most school funding in Oregon is derived from property taxes, but it’s equally true that if thousands of jobs have been shipped overseas because of free trade agreements, the people who lose those jobs can’t usually afford a house, or their property taxes. Just look at your country. Where is the housing market going? Down. That’s where.

The same thing occurs when an American based company decides to create jobs overseas, rather than here, when free trade agreements open the door to do so. The people that lose their jobs may get unemployment checks and a foreclosed house.

The Oregonian also doesn’t mention that the difference between the old higher wages here, and the new lower wages there, are pocketed by the one percent via higher corporate profits, enhanced dividends and rising share prices. That’s why the free trade agreements are an income redistribution scam. But the Oregonian staff doesn’t want you to know that. The exact same thing holds true when jobs are created overseas by US companies that normally wouldn’t occur without the free trade agreements.

The Oregonian also hides the fact that they endorse politicians such as Congressman Earl Blumenauer and Senator Ron Wall Street Wyden. Wyden has never met an income distribution trade treaty that he hasn’t liked, because his buddies at the Oregonian and on Wall Street like them. Blumenauer votes for most of them.

Apparently, the folks at the Oregonian think the sole purpose of the US economy is to enrich the one percent at the expense of everybody else. The Oregonian is the Fox News of Oregon. It is the propaganda wing of the one percent in the state. Save yourselves, your school districts, your police and other public services. Save your jobs, save your neighbors. Put the Oregonian out of business by not buying it. Boycott!

Related Stories

Beaverton School District to Lay off 344

Why Are Teacher Cut Backs Coming? Blame Free Trade Agreements

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