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"We may have all come on different ships, but we're in the same boat now" -- Martin Luther King, Jr
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 The Wall Street Sharktank: “A Whole Lotta Stealin’ Goin’ On”
Mike Whitney via jake, Tuesday, Jan 26 2016, 2:04am
Let’s say you lend your brother-in-law, Pauli, 5,000-bucks so he can get his fledgling construction business off-the-ground. Then, you find out a week later that ‘good-old Pauli’ has shot the wad playing the horses at Long-acres and buying cocktails for his loafer-friends at Matt’s Mad Dog tavern? Would you feel like you’d been ripped off?
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 The BIG Oil/Power SCAM
F. William Engdahl via cyd, Sunday, Jan 24 2016, 9:28am
If there is any single price of any commodity that determines the growth or slowdown of our economy, it is the price of crude oil. Too many things don’t calculate today in regard to the dramatic fall in the world oil price. In June 2014 major oil traded at $103 a barrel. With some experience following the geopolitics of oil and oil markets, I smell a big skunk. Let me share some things that for me don’t add up. (story and 2 images)
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Shame on Racist Australia - Indigenous Journalist's Speech Goes Viral
staff report via claire, Saturday, Jan 23 2016, 9:37pm
A powerful speech by Indigenous journalist Stan Grant in which he says the "Australian dream is rooted in racism" has gone viral. (story and 1 image)
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‘There’s no such thing as a free lunch’ – unless of course you are a member of the 1%
james, Saturday, Jan 23 2016, 8:43pm
Laissez faire economist Milton Friedman, who promulgated the notion that ‘free’ markets would save the world, popularised that phrase/slogan, and that’s all it is, a meaningless slogan, similar to, ‘there’s light at the end of the tunnel,’ which simplistic metaphor/slogan conned an entire nation.
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US Confronts Russia - Troops Illegally Invade Syria
Andrew Tilghman via max, Friday, Jan 22 2016, 10:29pm
U.S. special operations troops have reportedly taken over an airfield in northeastern Syria, potentially clearing the way to flow more American military support to friendly militias fighting the Islamic State group. (story and 1 image)
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Who is Putin Talking To?
Mikhail Khazin via james, Friday, Jan 22 2016, 9:46am
An interesting analysis from a Russian perspective.
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China’s central bank mulls issuing digital currency
staff report via max, Friday, Jan 22 2016, 1:50am
The People’s Bank of China on Wednesday said it wants to issue its own digital currency to cut the costs of circulating traditional paper money, boost policymakers’ control of money supply and improve the efficiency of global transactions. (story and 1 image)
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Global Unemployment to Reach 200 Million by 2017
jaxie, Thursday, Jan 21 2016, 1:05am
The International Labour Organisation has predicted the global unemployment rate will exceed 200 million by 2017, and that is a conservative figure according to the ILO.
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Oz PM Turnbull in Washington – just another knee-walking Canberra Politician
mitch, Wednesday, Jan 20 2016, 9:04am
It seems that whenever an Australian leader is beckoned to Washington knee-pads become essential accoutrements. Oz PM Malcolm ‘un-exciting’ Turnbull has been called to Washington along with other western lackey leaders to be briefed by the US ruling elite on the course they are obliged to take as obedient vassal States, of course the agenda is full of the usual criminal activity Washington is noted for, more illegal resource and regime change wars and other orders to participate in American crimes abroad. (story and 1 image)
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If the Truth be Known, WWIII -- and Washington is to Blame
darcy, Tuesday, Jan 19 2016, 11:32pm
After the demise of the Soviet Union the USA had a golden opportunity to pursue peaceful, harmonious, stable and PRODUCTIVE relations with the entire world and prove itself to be truly the leader of nations. But what did it do instead, embark on a now FAILED megalomaniacal ambition to rule the world via military force. The cost of this criminal enterprise, as the past fifteen years verifies, is now being extracted from vassal and lackey States that supported this historically impossible, lunatic dream.
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IMF Economist: Global Economy Faces "Headwinds" and a “Bumpy Ride” in 2016
baz, Tuesday, Jan 19 2016, 7:31am
You've got to marvel at the use of maritime metaphors used by economists when describing a monumental downturn and grim forecast, "headwinds," indeed; we have a suggestion allow those 'winds' to blow your bullshit out your arse, Mr Maurice Obstfeld! Furthermore, we detect another, railways this time, metaphor, suggesting that illusory global growth could be "derailed" by China's not so accidental downturn in its stock market while ensuring its real economy is sound -- you see, it was the Chinese that wrote the Art of War, a masterful treatise on all manner of warfare. China is actually exploiting the situation to teach the West a lesson, notwithstanding that it didn't engineer the market instability but the Chinese are nothing if not able to take advantage of a situation. Watch western markets and bubble economies face REALITY, courtesy of Sun Tzu. Or to draw from a Western literary genius, "things are not what they appear to be!"
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Continuing Obfuscation by Oz Government Relating to its Illegal Syrian Bombing Campaign
James ONeill via darcy, Tuesday, Jan 19 2016, 6:27am
On 16 November 2015 the present writer published an article in Australia’s New Matilda magazine. The article had two main objectives. The first was a discussion of the legal bases upon which one State could attack another State. The second purpose was to provide an outline of my attempts to obtain a copy of the legal advice that the Australian government said it would seek before announcing a decision on whether or not to join the United States bombing campaign in Syria. (story and 1 image)
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The Citadel is Breached: Congress Taps the Fed for Infrastructure Funding
Ellen Brown via dulcie, Monday, Jan 18 2016, 7:50am
For at least a decade, think tanks, commissions and other stakeholders have fought to get Congress to address the staggering backlog of maintenance, upkeep and improvements required to bring the nation’s infrastructure into the 21st century. Countries with less in the way of assets have overtaken the US in innovation and efficiency, while our dysfunctional Congress has battled endlessly over the fiscal cliff, tax reform, entitlement reform, and deficit reduction. (story and 1 image)
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 Short Sweet and to the Point
james, Monday, Jan 18 2016, 7:26am
Sometimes I lament the global state of affairs and the complacency of the majority that would rather, it seems, allow a tiny group of mega-wealthy psychopaths to lead them to hell and ruin than stomp them underfoot like the cockroaches they are. The mega-wealthy today are criminals pure and simple, they have stolen most of their wealth under the noses of the global majority and yet THEIR status quo continues: needless wars for the profit of the few, mass murder on an industrial scale, huge disparities on every front and yet the status quo continues, give sanity and reason a break! Nothing is able to resist the popular will once mobilised, and so if YOU want peace and real freedom then EARN IT, and take back OUR world before the psychopaths make it uninhabitable. (story and 1 attached file)
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The Power of Exaggerated Fear
Paul R. Pillar via shirl, Monday, Jan 18 2016, 12:56am
Journalists have noticed how much current political campaigns are trading on fear. As observed in a recent article in the Washington Post, “Most of the Republican presidential contenders and their allies are now waging campaigns focused on fear — bombarding voters with ominous television spots that warn of national security threats and amping up their alarming rhetoric on the stump.
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The Bottomless Oil Price in an Unstable Global Economy
Michael T. Klare via cyd, Sunday, Jan 17 2016, 1:45am
As 2015 drew to a close, many in the global energy industry were praying that the price of oil would bounce back from the abyss, restoring the petroleum-centric world of the past half-century. All evidence, however, points to a continuing depression in oil prices in 2016 -- one that may, in fact, stretch into the 2020s and beyond. Given the centrality of oil (and oil revenues) in the global power equation, this is bound to translate into a profound shakeup in the political order, with petroleum-producing states from Saudi Arabia to Russia losing both prominence and geopolitical clout.
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The Exposed Hoax of the Century
Stephen Lendman via stacey, Friday, Jan 15 2016, 7:53pm
US post-9/11 war on terror reflects state-sponsored deception – with the media complicit in conning the public to believe Washington opposes what it actively supports. (story and 2 images)
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The ‘Terror’ News Cycle
jess, Friday, Jan 15 2016, 12:49am
Today after 15 years of media saturation by the CFR controlled mass media, ‘terror’ has become naturalised, the tailored daily ‘news’ is saturated with terror attacks and couches every crime against the people as terror attacks, when in fact they are simply crimes committed by gullible, demented murderers with jelly for brains.
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Obama’s Last State of Union -- Totally divorced from REALITY
zayn, Wednesday, Jan 13 2016, 9:41am
Obama the president of extra-judicial killing and secret kill lists, a nation that leads the world in killing civilians and millions of innocent children by whatever means, sanctions, embargos on medical and other essential supplies or direct military intervention, feebly attempted to portray the world’s leading criminal State as a democracy, referring to the Constitution opening of, “we the people ..” which reality translates as ‘we the oligarchy and fuck the people except when needed for slave labour and cannon fodder.
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Killing the Petrodollar
F. William Engdahl via sue, Tuesday, Jan 12 2016, 9:02am
It has taken some time for large oil and resource trading nations to wake up to the fact that they are indirectly financing America's perpetual wars, and to finally do something about it. For lay-readers it simply means that the collapse of the petrodollar puts an end to America's ability to wage continuous horrific wars for the sole benefit of large banks and corporations. However, the following article explains in more detail why certain nations have been forced to withdraw from the petrodollar's monopoly over international resource trade and to hopefully reduce it to the un-pegged value of the paper its printed on. (story and 1 image)
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