Alternative News Media
*Why the Trans Pacific 'Trade Deal' Is a Terrible Deal for American Workers
Have we learned nothing from thirty years of failed trickle-down economics? By now we should know that when big corporations, Wall Street, and the wealthy get special goodies, the rest of us get shafted.
The Reagan and George W. Bush tax cuts of 1981, 2001, and 2003, respectively, were sold to America as ways to boost the economy and create jobs. They ended up boosting the take-home pay of those at the top. Most Americans saw no gains.
In fact, the long stagnation of American wages began with Reaganomics. Wages rose a bit under Bill Clinton, and then started plummeting again under George W. Bush. Trickle-down economics proved a cruel hoax. The new jobs created under Reagan and George W. Bush paid lousy wages, the old jobs paid even less, and we ended up with whopping federal budget deficits. ... Read more
*US Trade Deficit Soars To Worst Since Financial Crisis; Will Push Q1 GDP Negative
After shrinking notably in Feb, March's US Trade deficit exploded. Against expectations of a $41.7bn deficit, the US generated a $51.4bn deficit - the worst since Oct 2008 and the biggest miss on record. Exports rose just $1.6bn while imports soared $17.1bn with the goods deficit with China soaring from $27.3bn to $37.8bn in March. Ironically, just as the "harsh winter" was found to lead to a GDP boost due to a surge in utility spending, so the West Coast port strike which was blamed for the GDP drop, was actually benefiting the US economy as it lead to a plunge in imports. In March, however, the pipeline was cleared, and US imports from China soared by over $10 billion to $38 billion. End result: prepare for upcoming Q1 GDP downgrades into negative territory. .... Read more
Greek Deal In Limbo After "Serious Disagreement" Between EU, IMF
On the heels of Monday's news that the IMF may demand a write-off of Greek debt by European creditors before the organization will disburse its portion of a €7.2 billion aid tranche to Athens, it now appears the situation has deteriorated further with unnamed Greek officials reporting "serious disagreements" between the IMF and the EU which may make a compromise "impossible" by the critical May 12 deadline. ... Read more
The Obscene Amounts of Money the 10 Highest-Paid Hedge Fund Managers Just Made
Alpha Magazine has released its "Rich List," the annual rundown of the Unites States' highest-earning hedge fund managers and there's an interesting development. The top earners underwent a 45% drop in earnings during 2014, which prompted the magazine to invoke, "harsh memories of the global financial crisis [that] pervaded Wall Street."
Yes, the top hedge fund managers only pulled down a "paltry" $11.62 billion combined in 2014, around the same amount they were able to bag in 2008 and only a little more than half of what they generated in 2013. Head of Appaloosa Management David Tepper fell from Number 1 to 11th, taking in a "mere" $400 million. "In total, it was a rough year for hedge fund industry honchos," Jeff Cox wrote at CNBC.
How The NSA Converts Spoken Words Into Searchable Text
Top-secret documents from the archive of former NSA contractor Edward Snowden show the National Security Agency can now automatically recognize the content within phone calls by creating rough transcripts and phonetic representations that can be easily searched and stored.
The documents show NSA analysts celebrating the development of what they called "Google for Voice" nearly a decade ago. Though perfect transcription of natural conversation apparently remains the Intelligence Community's "holy grail," the Snowden documents describe extensive use of keyword searching as well as computer programs designed to analyze and "extract" the content of voice conversations, and even use sophisticated algorithms to flag conversations of interest. ... Read more
Democracy Now! U.S. and World News Headlines for Tuesday, May 05 [12:07]
*DN | Human Rights Watch: Saudi-Led Coalition Bombing Yemen with Banned U.S.-Made Cluster Munitions (05/05/15) [8:34]
*DN | Emails Show American Psychological Association Secretly Worked with Bush Admin to Enable Torture (05/05/15) [8:39]
Alan Grayson on TPP & TTIP*No to 'Fast Track,' No to Trade Treachery (04/29/15) [9:00], http://www.TradeTreachery.com website
Jon StewartJon Stewart | Jon Stewart Explains When It's OK To Shoot People Who've Offended You (05/05/15) [9:55]
TRNN | Baltimore Youth on Being Called Thugs (05/05/15) [10:23]
TRNN | Baltimore Police Admit camera presence during interaction with young man prevented arrest. (05/05/15) [5:02]
TYT | Is This Job-Slashing Ex-CEO The Anti-Hillary The GOP's Been Praying For? (05/04/15) [7:58]
TYT | Neurosurgeon Turned FOX News Loon Joins Presidential Race (05/04/15) [7:09]
*TYT | 'Draw Muhammad' Contest Organizer Ups The Hate Following Shooting (05/04/15) [16:09]
RT | Keiser Report: Royal 'Cramdowns' (E753) (05/05/15) [23:47]
*Papantonio: Sanders' Candidacy Will Force Conversation on REAL Issues (05/01/15) [7:50]
Ring of Fire | Tell Americans The Truth About TPP: Quit Hiding (05/01/15) [10:42]
ThomHartmann | Sociopathy on Parade... (05/05/15) [3:17]
ThomHartmann | Bernie Sanders: The U.S. Should be like Scandinavia... (05/05/15) [2:51]
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.
Bill Gross: "This Is All Ending"
"When does our credit based financial system sputter / break down? When investable assets pose too much risk for too little return. Not immediately, but at the margin, credit and stocks begin to be exchanged for figurative and sometimes literal money in a mattress." We are approaching that point now as bond yields, credit spreads and stock prices have brought financial wealth forward to the point of exhaustion. A rational investor must indeed have a sense of an ending, not another Lehman crash, but a crush of perpetual bull market enthusiasm. ... Read more
US Factory Orders Drop YoY For 5th Consecutive Month.
Path to Paradise - The Untold Story of the World Trade Center Bombing [VHS]
An HBO production, amazing actors, superb dialog. A bomb-making expert from Iraq attempts entry to the U.S. without a visa. He states he's leaving Iraq for political asylum in the U.S. The INS agent questions him a bit, looks over his fishy looking passport. She approaches her superior with the asylum application and urges that "he should be detained". "Jails are full. You want to take him home?" her boss retorts. The film shows just how these terrorists jumped through about any and every loophole in the system under the guise of religious freedom. Bomb-making right in the apartment. Operating right under the nose of the FBI and other law enforcement agencies. Anti-American propaganda tapes found in an apartment which, truth be told, is not against the law. And of course there was the chilling prophetic line at the end: "Next time we'll bring them both down." ... Read more
How to Solve America's Biggest Problems with Bernie Sanders!
The Town Hall Meeting discussion items includes:
How to . . .
Ben Carson Is Running for President. Read These 6 Stories About Him Now.
The doctor is in: Conservative darling Dr. Ben Carson officially announced that he's running for president on Sunday in interviews with TV stations in Ohio and Florida. On Monday, he's expected to address supporters in his hometown of Detroit. He will be the fourth Republican to officially enter the race, joining Sens. Ted Cruz (R-Texas), Marco Rubio (R-Fla.), and Rand Paul (R-Ky.).
Carson's candidacy is the culmination of months of fundraising and advocacy by grassroots activists anxious for him to run for president. Carson, a former head of neurosurgery at Johns Hopkins University whose unlikely rise was the subject of a cable TV movie, has never before held elected office. He is popular among DC-loathing tea partiers and Christian conservatives, but his political inexperience and past gaffes will likely make it difficult for him to win over the GOP establishment. ... Read more
Future President Ben Carson Wrote 6 Books. We Read Them So You Don't Have To.
Former neurosurgeon Ben Carson rallied Republicans at the Iowa Freedom Summit on Saturday, stirring up speculation once more that the conservative activist will seek his party's presidential nomination next year. Carson has never run for office and only recently registered as a Republican, but as the author of six books over more than two decades, he does have a considerable paper trail--and it's starting to get him into trouble. ... Read more
Climate ChangeClimate Desk | Mapping Deforestation with Google Earth (older, but good) [1:08]
Climate Desk | Using the Bible to Resist Climate Action (older, but sad) [1:31]
NatGeo | Six degrees could change the world (older, but informative) [1:36:06]
Democracy Now! U.S. and World News Headlines for Monday, May 04 [7:58]
DN | "Our Time is Now": Baltimore State's Attorney Mosby Charges Six Baltimore Cops in Freddie Gray Death (05/04/15) [8:13]
DN | "The Army Knew": New Investigation Unravels Mexican Govt. Account of How 43 Students Disappeared (05/04/15) [10:57]
John OliverHBO | John Oliver: Standardized Testing (05/03/15) [18:01]
False Flag Videos*HBO | Path to Paradise: The Untold Story of the (1993) World Trade Center Bombing () [1:34:17]
TRNN | John Kiriakou described: his time as head of counter terrorism in Pakistan and the lie about the torture of Abu Zubaydah, Part 8 (05/04/15) [24:37]
*TRNN | John Kiriakou: Iraq War a War Crime - Pushed by Cheney Over Objections of Joint Chiefs and CIA, Part 7 (04/30/15) [17:56]TRNN | What Conditions Gave Rise to the Baltimore Uprising? (05/04/15) [25:33]
TRNN | John Kiriakou: A Sea of Blood, Part 6 (04/28/15) [28:49]
For the other interviews go here
TRNN | Was Baltimore's Curfew a Dress Rehearsal for Martial Law? (05/04/15) [39:36]
TRNN | Over 5,000 Students Call For Change From the Top in Baltimore (05/04/15) [5:01]
*TYT | Did The Supreme Court Just Overturn Citizens United On Accident? (05/03/15) [7:06]
TYT | Marilyn Mosby Attacked Immediately After Announcing Charges Against Cops (05/03/15) [9:37]
TYT | Can Bernie Sanders Appeal To Middle America? (05/03/15) [5:09]
RT | Keiser Report: Never-ending Baltimores (E752) (05/02/15) [23:36]
ThomHartmann | Caller: End of Times Republicans Don't Want Mideast Peace... (05/01/15) [3:17]
ThomHartmann | Brunch with Bernie: May 1, 2015 (05/01/15) [44:08]
16 Signs That The Economy Has Stalled Out And The Next Economic Downturn Is Here
If U.S. economic growth falls any lower, we are officially going to be in recession territory. On Wednesday, we learned that U.S. GDP grew at a 0.2 percent annual rate in the first quarter of 2015. That was much lower than all of the "experts" were projecting. And of course there are all sorts of questions whether the GDP numbers the government feeds us are legitimate anyway. According to John Williams of shadowstats.com, if honest numbers were used they would show that U.S. GDP growth has been continuously negative since 2005. ...
Brace for a flood of foreclosures when boom-era HELOCs turn 10
Millions of Americans will soon see monthly bills shoot up on home equity lines of credit (HELOCs) taken out during the housing boom, because HELOCs are going to start making homeowners pay both interest and principal, not just interest. That's bad news because many consumers are already underwater, meaning they owe more than their places are worth, a RealtyTrac study shows.
"A lot of people were using their homes as ATMs during the bubble, and that -- coupled with the fact that home values have since gone down -- has backed a lot of them into a corner," says Daren Blomquist of RealtyTrac, which recently analyzed home equity lines of credit on millions of properties. ... Read more
US Manufacturing Weakest In 2 Years As Construction Spending Plunges.
How Shale Is Becoming The Dot-Com Bubble Of The 21st Century
As I review the financials of one of the largest shale producers in the United States, Whiting Petroleum (WLL), I can't help but notice the parallels to the .COM era of 1999 which, to some extent, has already returned to the technology and biotech sectors of today. Back then, the faster you burned cash to capture customers regardless of earnings to drive your topline, the higher your valuation. The theory was that after capturing the customers (in energy today, it is the wells) spending would slow and so would customer additions allowing companies to generate cash. By the way, a classic recent case is none other than Netflix (NFLX) which, in the past was exposed for accounting gimmicks that continue even today.
What is worse is WLL continues to grow production even though prices have collapsed and cash generation is in decline. In fact, year over year cash generated from operations fell 30% despite production growing some 70% plus percent. Does this sound like a company you want to invest in or like one that is run efficiently? So, let's review: .com companies did the same and the majority went bankrupt so if WLL and other E&P companies continue to spend cash well above their operation capacity, not because they want to but because they have to, it will lead to the same result as it did in 2000... POP! ... Read more
The Uncounted; World Bank-Backed Energy Giant Threatens A Way Of Life
The Tata group, one of India's largest conglomerates, promised to be a good neighbor when it took on the job of building the nation's first "ultra mega" coal-fired power plant. ICIJ and The Huffington Post estimate that 3.4 million people have been physically or economically displaced by World Bank-backed projects since 2004. For email updates on our investigation, sign up below. The plan was to build the plant along the Gulf of Kutch, an inlet of the Arabian Sea that provides a living for fishing clans that harvest the coast's rich marine life. Tata assured the World Bank Group, which was putting up $450 million to help finance the project, that there was little reason to worry about the giant plant's impact on people living and working nearby.
Tata reported that "the fishing potential of the Gulf of Kutch is significant," but there were "no local fishing activities in the coastal waters fronting the project." The "nearest small fishing community," it said, was located "outside the project area." ... Read more
Chernobyl At RiskChernobyl: Massive forest fire inches closer to abandoned nuclear plant, Ukraine (04/29/15) 0:58]
Chernobyl 25 Years Later: Soviet dream turned nuclear nightmare (04/26/11) [3:00]
Chernobyl Fallout 25: Pripyat, Nuclear Ghost Town (04/26/11) [26:14]
Democracy Now! U.S. and World News Headlines for Friday, May 01 [9:09]
*DN | Ralph Nader on Bernie Sanders, the TPP "Corporate Coup d'Etat" & Writing to the White House (05/01/15) [10:58]
Alan Grayson on TPP & TTIP*No to 'Fast Track,' No to Trade Treachery (04/29/15) [9:00]
The North American Free Trade Agreement (NAFTA) is an agreement signed by Canada, Mexico, and the United States, creating a trilateral rules-based trade bloc in North America. The agreement came into force on January 1, 1994. More at wikipedia
The Trans-Pacific Partnership (TPP) is a proposed regional regulatory and investment treaty. As of 2014, twelve countries throughout the Asia-Pacific region have participated in negotiations on the TPP: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States, and Vietnam. The nine Trans-Pacific Partnership countries announced that the TPP intended to "enhance trade and investment among the TPP partner countries, to promote innovation, economic growth and development, and to support the creation and retention of jobs." Some global health professionals, internet freedom activists, environmentalists, organised labour, advocacy groups, and elected officials have criticised and protested the negotiations, in large part because of the proceedings' secrecy, the agreement's expansive scope, and controversial clauses in drafts leaked to the public. More at wikipedia
The Transatlantic Trade and Investment Partnership (TTIP) is a proposed free trade agreement between the European Union and the United States. Proponents say the agreement would result in multilateral economic growth, while critics say it would increase corporate power and make it more difficult for governments to regulate markets for public benefit. The American government considers the TTIP a companion agreement to the Trans-Pacific Partnership. After a proposed draft was leaked in March 2014. More at wikipedia
A Transatlantic Free Trade Area (TAFTA) is a proposal to create a trans-atlantic free-trade area covering Europe and North America. Such proposals have been made since the 1990s and since 2013 an agreement between the United States and European Union has been under negotiation: the Transatlantic Trade and Investment Partnership. Once complete, if combined with free trade agreements with Canada, Mexico and the European Free Trade Association it could form a free trade area covering a large portion of the two continents. More at wikipedia
TRNN | TRNN Investigative journalist Stephen Janis discusses: What We Know About the Multiple Investigations into Freddie Gray's Death (05/01/15) [10:51]
TYT | The Cause Of The Baltimore Riots According To One Idiotic Republican (04/30/15) [4:31]
TYT | The Story Of The Tulsa Race Riots Will Disgust You (04/30/15) [5:18]
TYT | Sen. Bernie Sanders Announces 2016 Run For Presidency (04/30/15) [6:07]
Thom Hartmann | Alan Grayson: TPP is Trade Treachery (04/30/15) [5:27]
Big Banks Claim Reform Will Hurt the Economy. Here's Why That's Bullsh*t.
Anat Admati, who teaches finance and economics at the Stanford Graduate School of Business, is co-author of The Bankers' New Clothes, a classic account of the problem of Too Big to Fail banks. On May 6th she will address the "Finance and Society" conference sponsored by the Institute for New Economic Thinking, featuring influential women who have challenged the status quo, like Federal Reserve Chair Janet Yellen, IMF Managing Director Christine LaGarde, and Senator Elizabeth Warren. Admati will join Brooksley Born, former chair of Chair of the Commodities Futures Trading Commission, to discuss how effective financial regulation can make the system work better for society. Seven years after financial hell broke loose, Admati warns that we are far from fixing a bloated and dangerous financial system -- and that the system can't fix itself. Why should you care? This gigantic house of cards could fall on you. ...
PBS Frontline | The Warning (Audiocast) [56:27]
An audio version of the FRONTLINE documentary The Warning, airing Oct. 20, 2009 on PBS and available for viewing online at pbs.org/frontline. In the devastating aftermath of the economic meltdown, FRONTLINE sifts through the ashes for clues about why it happened and examines critical moments when it might have gone much differently. Looking back into the late 1990s, veteran FRONTLINE producer/director Michael Kirk discovers early warnings of the crash, reveals an intense battle among high-ranking members of the Clinton administration and uncovers a concerted effort not to regulate the emerging, highly-complex and lucrative derivatives markets that would become the ticking time bomb within the American economy.
Sales and revenues don't run this economy. Fees (bribes and kickbacks) run it all.
The One-State Conundrum
America's closest allies, Israel and the Saudis, have been expressing something close to loathing for President Obama and his policies. In fact, you could think of the Saudi rulers as the John McCains of the Arabian Peninsula. Appalled to find Washington in something approaching a tacit alliance with their Iranian enemies in Iraq and actively negotiating a no-sanctions-for-nuclear-restrictions deal with that country, the Saudis launched a war of their own in Yemen and essentially forced the Obama administration into supporting it. Then they visibly ignored Washington's pressure to end their bombing campaign -- or rather claimed they were cutting back on it without evidently doing so -- which has been devastating to Yemeni civilians and ineffective in stopping the advances of the Iranian-backed Houthi rebels. ... Read more
Here's a punchline the Obama administration could affix to the Middle East right now: With allies like these, who needs enemies?
Tomorrow's Battlefield: U.S. Proxy Wars and Secret Ops in Africa
Shadow Government: Surveillance, Secret Wars, and a Global Security State in a Single Superpower World
Democracy Now! U.S. and World News Headlines for Thursday, April 30 [13:09]
DN | "History Is Finally Moving On": Tom Hayden on Thawing of U.S.-Cuba Relations Despite GOP Opposition (04/30/15) [11:39]
*DN | History Repeats? Activist Tom Hayden on Police Brutality Protests from the 1960s to Baltimore (04/30/15) [16:38]
Jon StewartJon Stewart | #FUCO - Democrats and Republicans F**king Cooperate (04/28/15) [5:44]
*TRNN | John Kiriakou: Iraq War a War Crime - Pushed by Cheney Over Objections of Joint Chiefs and CIA, Part 7 (04/30/15) [17:56]
TRNN | John Kiriakou: A Sea of Blood, Part 6 (04/28/15) [28:49]TRNN | Dicussion: Mainstream TV's Attention to Property Destruction Overshadows Killing of Freddie Gray (04/30/15) [13:48]
For the other interviews go here
TYT | Supreme Court FINALLY Enforces Campaign Finance Law - FINAL JUDGMENT (04/30/15) [3:04]
TYT | Bernie Sanders 2016? Senator To Announce Bid For Democratic Nomination (04/30/15) [9:30]
TYT | CNN's Wolf Blitzer On-Air Argument With Activist Deray McKesson (04/30/15) [6:26]
Papantonio: Obama - Tell Americans The Truth About TPP: Quit Hiding (04/27/15) [10:42]
Papantonio: Poor Police Training Is Killing Americans (04/27/15) [12:28]
The Power of Protest - Then & Now... (04/29/15) [9:15]
Clueless White Privilege Meets the Baltimore Revolt... (04/29/15) [9:07]
PBS Frontline - Older, but Good!PBS Frontline | Money, Power and Wall Street, Part 1 (04/24/12) [59:14], Part 2 [54:32], Part 3 [57:26], Part 4 [56:22]
As Wall Street innovated, its revenues skyrocketed, and financial institutions of all stripes tied their fortunes to one another. FRONTLINE probes deeply into the story of the big banks -- how they developed, how they profited, and how the model that produced unfathomable wealth planted the seeds of financial destruction.
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.
Bernie Sanders To Launch Presidential Campaign
Sanders, who first entered the Senate in 2007, has criticized Clinton for being too soft on Wall Street and has doubted whether Clinton can address income inequality.
Sanders has been an outspoken critic of the Trans-Pacific Partnership, a trade deal the Obama administration is negotiating with 11 Pacific countries. Sanders is also a critic of the controversial Citizens United Supreme Court decision, which struck down corporate campaign contribution limits. Sanders has tried to pass a constitutional amendment to overturn the decision. ... Read more
Now all we need to do is figure out how to get Elizabeth Warren to run. Later down the road we can figure out who should be President and who should be Vice President.
The Financial Markets Now Control Everything
The entire economic and political structure is now dependent in one way or another on the continued expansion of financial markets.
The financial markets don't just dominate the economy--they now control everything. In 1999, the BBC broadcast a 4-part documentary by Adam Curtis, The Mayfair Set ( Episode 1: "Who Pays Wins" 58 minutes), that explored the way financial markets have come to dominate not just the economy but the political process and society.
In effect, politicians now look to the markets for policy guidance, and any market turbulence now causes governments to quickly amend their policies to "rescue" the all-important markets from instability.
This is a global trend that has gathered momentum since the program was broadcast in 1999, as The Global Financial Meltdown of 2008-09 greatly reinforced the dominance of markets. ...
Bruce Jenner: 'I'm a Woman'
Bruce Jenner was once hailed as the greatest athlete in the world and later became a reality television star with one of the world's most famous families. Now, the former Olympian is revealing a secret that has caused him turmoil for decades.
"For all intents and purposes, I'm a woman," Jenner told ABC's Diane Sawyer in an exclusive interview that aired Friday in a special two-hour edition of ABC News' "20/20." ...
Note: there are 10 parts to this interview. For the other 9 parts please go here
Clear Waters of Lake Michigan Reveal Shipwrecks (PICTURES)
The last bit of ice has finally disappeared from Lake Michigan, revealing, to those in the air, what lies beneath the crystal clear waves: Shipwrecks. Lots of shipwrecks. On a patrol last Friday, a crew from the U.S. Coast Guard Air Station Traverse City in Michigan snapped some gorgeous photos of just a few of the wrecks along the shoreline, then posted them to Facebook. ... Read more
Did You Know?
Fukushima, Japan | In the early morning news flash of 8/9/2014, NHK announced that pieces of nuclear fuel, fuel rods, reactor pressure vessels and the internal structure were blasted to at least 130km (81 miles) away from Fukushima nuclear plant.
More VideosRT | Scrapped: Chittagong Cutters (03/16/15) [26:12]
RT | Origins of ISIS (older, but interesting 03/05/15) [27:15]
Democracy Now! U.S. and World News Headlines for Wednesday, April 29 [7:23]
DN | "You Can Replace Property, You Can't Replace a Life": Voices of the Unheard in the Baltimore Streets (04/29/15) [16:50]
Jon Stewart*Jon Stewart | Violent anti-police protests erupt in Baltimore, which blindside the media and CNN's Wolf Blitzer, despite the U.S.'s long history of racially charged riots. (04/28/15) [8:04]
TTIPTTIP: A Wolf In Sheeps Clothing (2014) [49:07]
*TRNN | On Canadian National TV: Author Jeremy Scahill criticizes President Obama's drone wars, the Western... (04/28/15) [15:14]
TYT | Is Drone Warfare The Lesser Of Two Evils? (04/28/15) [2:48]
TYT | Bruce Jenner's Heartfelt Interview With Diane Sawyer On ABC 20/20 (04/28/15) [10:57]
TYT | Black Riots Vs. White Riots (04/28/15) [2:49]
*RT | CrossTalk: Putin's 15 Years (04/29/15) [24:37]
RT | Keiser Report: Bankers' marathon (E750) (04/28/15) [23:28]
RT | Russell Brand & Max Keiser tear up Her Majesty
Max interviews comedian, author and activist Russell Brand about his new film, 'The Emperor's New Clothes'. They discuss crypto currency, revolution and the Queen's head.
Trews (E304) | Russell Brand: Emperor's New Clothes - Can Things Change? (04/22/15) [10:00]
Michael Winterbottom on politics, revolution, Russell Brand and The Emperor's New Clothes (04/21/15) [11:49]
Baltimore Smolders After Riot Over Freddie Gray's Death
Firefighters on Tuesday battled building fires in Baltimore sparked by rioting that erupted after the funeral Monday of a 25-year-old black man who died after suffering a spinal injury in police custody.
Acrid smoke hung over streets where fire crews raced to contain damage from violence that broke out just blocks from the funeral of Freddie Gray and spread through much of West Baltimore. ... Read more
88 Days to Kandahar: A CIA Diary
The First American-Afghan War, a CIA war, was approved by President George W. Bush and directed by the author, Robert Grenier, the CIA station chief in Islamabad. Forging separate alliances with warlords, Taliban dissidents, and Pakistani intelligence, Grenier launched the "southern campaign," orchestrating the final defeat of the Taliban and Hamid Karzai's rise to power in 88 chaotic days.
In his gripping narrative, we meet: General Tommy Franks, who bridled at CIA control of "his" war; General "Jafar Amin," a gruff Pakistani intelligence officer who saved Grenier from committing career suicide; Maleeha Lodhi, Pakistan's brilliant ambassador to the US, who tried to warn her government of the al-Qa'ida threat; "Mark," the CIA operator who guided Gul Agha Shirzai to bloody victory over the Taliban; General Ashfaq Pervaiz Kayani, a cautious man who became the most powerful man in Pakistan, struggling with Grenier's demands while trying to protect his country; and Hamid Karzai, the puzzling anti-Taliban insurgent, a man of courage, petulance, and vacillating moods.
We Won the War in Afghanistan -- And Then Lost It ;A CIA diary '88 Days to Kandahar' (04/01/15) [1:10:03]
How the Fukushima Disaster Crippled Japan's Climate Plans
Japan used to have a pretty good reputation on climate change. Thanks to its robust industrial economy, it has the fourth-largest carbon footprint in the G20 nations. But it gets a sizable chunk of its power from zero-carbon sources like hydro dams and, at least until the 2011 disaster at Fukushima, nuclear plants. And in 2009, the country agreed, along with the other G8 nations, to reduce its carbon emissions 80 percent by 2050.
Back in 1992, Japan played host to the negotiations that led to the Kyoto Protocol, the first time a group of countries agreed to reduce their greenhouse gas emissions. Even though the United States never ratified the Kyoto Protocol, it was a groundbreaking agreement. But today, in the context of a decade and a half of additional scientific research, policy advances, and public pressure, it's woefully insufficient to ward off the worst effects of climate change. That's why the international community is planning to craft a new agreement to replace it in Paris later this year. And this time around, Japan isn't looking so hot. ... Read more
kushima Uni "800,000,000,000,000 Bq of Cs-137 to reach West coast of North America by 2016?
Prof. Aoyama from Fukushima University Institute of Environmental Radioactivity reported that 800 tera Bq (800,000,000,000,000 Bq) of Cesium-137 is going to reach West Coast of North America by 2016. The amount to reach of other nuclides such as Cs-134 and other nuclides are not officially announced. This is 5% of the total Cs-137 amount discharged to the Pacific. ... Read more
Democracy Now! U.S. and World News Headlines for Tuesday, April 28 [10:13]
DN | Iranian Nobel Peace Prize Laureate Shirin Ebadi on Nuclear Deal, Islamic State, Women's Rights (04/28/15) [15:02]
DN | National Guard Deployed as Baltimore Erupts After Years of Police Violence, Economic Neglect (04/28/15) [17:17]
John Oliver*HBO | John Oliver: Fashion (04/26/15) [17:09]
More News ShortsAnother Secret Trade Deal: What is the Transatlantic Trade Investment Partnership (TTIP)? (04/27/15) [4:08]
Many multi-billion-dollar companies find legal loopholes to avoid paying taxes. Here are just four... (04/27/15) [3:26]
*TRNN | John Kiriakou: A Sea of Blood, Part 6 (04/28/15) [28:49]
TRNN | Former CIA, John Kiriakou: I Believed America Could Do No Wrong, Part 1 (04/16/15) [16:38] TRNN | John Kiriakou: How I Joined the CIA, Part 2 (04/17/15) [22:00] TRNN | John Kiriakou: My Reports on 1995 Human Rights Abuses in Bahrain Ignored by State Department, Part 3 (04/19/15) [13:31]*TRNN | Wall Street Journal UN Correspondent Joe Laurie discusses: Why Saudis Derailed Imminent Yemen Deal With Airstrikes (04/28/15) [13:01]
TRNN | John Kiriakou: The Iraqi War was a Pissing Match Between Saddam Hussein and American Presidents, Part 4 (04/21/15) [17:25]
TRNN | John Kiriakou: Why Didn't Bush/Cheney Prevent 9/11? Part 5 (04/23/15) [20:59]
*TRNN | Larry Wilkerson discusses how Chinese nuclear experts estimate North Korea has 20 nuclear warheads and could have 20 more in 2016 yet Washington is paying little attention (04/28/15) [9:43]
Who Is Really Choosing America's Next President?
A growing number of political committees known as super PACs have become instruments of single donors, according to a ProPublica analysis of federal records. During the 2014 election cycle, $113 million -- 16 percent of money raised by all super PACs -- went to committees dominated by one donor. That was quadruple their 2012 share.
The rise of single-donor groups is a new example of how changes in campaign finance law are giving outsized influence to a handful of funders. ... Read more
Summing Up the Stock Market
New Highs To Nowhere On Nothing
HE'S BACK: War Prez Comes Out Against Peace
LAS VEGAS -- Former President George W. Bush said the United States must show that it can follow through on its promises, and argued against the lifting of sanctions against Iran during rare remarks about foreign policy in a meeting with hundreds of Jewish donors here Saturday night.
Mr. Bush told the 700 donors attending a closed-door Republican Jewish Coalition spring meeting that he would not criticize President Obama, whose aim to degrade and ultimately destroy the Islamic State he applauded. But the former president nevertheless offered comments that many in the audience viewed as a tacit critique of his successor. ... Read more
China Considers Launching QE; Shanghai Stocks Soar.
Boston Fed Admits There Is No Exit, Suggests QE Become "Normal Monetary Policy"
"Largely missing from these discussions about the Fed's "exit strategy" is a consideration that perhaps it should retain, not discard, the balance sheet tools," the Boston Fed says, in a new paper advocating the retention of QE as a permanent part of the Fed's tool box. QEfinity may yet become a reality and for the most ironic of reasons: because the Fed is now in charge of promoting "financial stability" something which, as last October's Treasury flash crash proves, is exacerbated by asset purchases not ameliorated. ... Read more
One Nation Under God: How Corporate America Invented Christian America
We're often told that the United States is, was, and always has been a Christian nation. But in One Nation Under God, historian Kevin M. Kruse reveals that the idea of "Christian America" is an invention--and a relatively recent one at that.
As Kruse argues, the belief that America is fundamentally and formally a Christian nation originated in the 1930s when businessmen enlisted religious activists in their fight against FDR's New Deal. Corporations from General Motors to Hilton Hotels bankrolled conservative clergymen, encouraging them to attack the New Deal as a program of "pagan statism" that perverted the central principle of Christianity: the sanctity and salvation of the individual.
How Corporate America Invented Christian America
In December 1940, as America was emerging from the Great Depression, more than 5,000 industrialists from across the nation made their yearly pilgrimage to the Waldorf-Astoria Hotel in New York City, convening for the annual meeting of the National Association of Manufacturers. The program promised an impressive slate of speakers: titans at General Motors, General Electric, Standard Oil, Mutual Life, and Sears, Roebuck; popular lecturers such as etiquette expert Emily Post and renowned philosopher-historian Will Durant; even FBI director J. Edgar Hoover. Tucked away near the end of the program was a name few knew initially, but one everyone would be talking about by the convention's end: Reverend James W. Fifield Jr. ... Read more
Democracy Now! U.S. and World News Headlines for Monday, April 27 [8:30]
*DN | Nobel Laureates Call on "Militaristic" United States to Renew Pledge to Protect Human Rights (04/27/15) [10:56]
DN | Nobel Peace Prize Laureate Launches Campaign to Stop Killer Robots After Winning Ban on Landmines (04/27/15) [12:45]
Jon StewartJon Stewart | Oklahoma suffers a bizarre surge in earthquakes following a rise in fracking, and the NSA gets an unlikely new mascot. (04/23/15) [8:55]
More World News*Nepal earthquake kills over 1,500 people (04/25/15) [3:00]
RT | The Armenian tragedy (04/26/15) [51:57]
RT | Shattered Dreams: Newburgh a city in decline in NY State (04/26/15) [3:13]
TRNN | Paul Jay says the elites are incapable of making cities safe, dealing with chronic poverty and unemployment, facing up to economic stagnation and climate change - their only answer is war (04/27/15) [4:21]
TRNN | Prof. John Weeks and Prof. John Grahi: UK Elections: The Pendulum Shifts Left (04/27/15) [15:24]
TYT | Obama Moves Forward With TPP Despite Democratic Objections (04/24/15) [10:41]
*RT | CrossTalk: Sanction Wars (04/27/15) [24:04]
RT | Keiser Report: Age of False Prophets (E749) (04/25/15) [23:47]
100 Years Ago, 1.5 Million Christian Armenians Were Systematically Killed. Today, It's Still Not A 'Genocide'
On April 24, 1915, Ottoman Turkish authorities hauled off Daniel Varoujan, a leading Armenian poet of the time, along with over 200 other intellectuals in the capital Constantinople. To the crumbling Ottoman Empire, the poets, painters, writers, booksellers and politicians at the beating heart of the Armenian community posed too much of a threat.
Soon, much of the empire's Christian Armenian population would be targeted and nearly wiped out, accused of conspiring against the empire with the Russians. Many Armenians say the genocide was collective punishment for the actions of a few. ... Read more
Rubio Favorite in $heldon $weep$take$
Before Iowa and New Hampshire, GOP candidates are competing in the Sheldon Adelson primary, and some will travel to his posh Venetian hotel in Las Vegas this weekend in hopes of winning it. But one candidate -- Marco Rubio -- has emerged as the clear front-runner, according to nearly a half-dozen sources close to the multibillionaire casino mogul.
In recent weeks, Adelson, who spent $100 million on the 2012 campaign and could easily match that figure in 2016, has told friends that he views the Florida senator, whose hawkish defense views and unwavering support for Israel align with his own, as a fresh face who is "the future of the Republican Party." He has also said that Rubio's Cuban heritage and youth would give the party a strong opportunity to expand its brand and win the White House. ... Read more or Politico
Reluctant Spy: My Secret Life in the CIA's War on Terror
Long before the waterboarding controversy exploded in the media, one CIA agent had already gone public. In a groundbreaking 2007 interview with ABC News, John Kiriakou defined waterboarding as torture--but still admitted that it probably was effective. This book, at once a confessional, an adventure story, and a chronicle of Kiriakou's life in the CIA, stands as an important, eloquent piece of testimony from a committed American patriot. Kiriakou takes us into the fight against an enemy fueled by fanaticism, chillingly recounting what it was like inside the CIA headquarters on the morning of 9/11, the agency leaders who stepped up and those who protected their careers, and, in what may be the book's most shocking revelation, how the White House made plans to invade Iraq a full year before the CIA knew about it--or could attempt to stop it. Kindle $10:99 ... Read more
Why Nav Sarao Had To Be Destroyed: He Found A Way To Beat The HFTs At Their Own Game
Today, we find precisely how and why Sarao was singled out: he not only ratted out the parasitic trading strategies of the real culprits behind the broken market, the massive HFT firms (such as Virtu which just went public just a day before the Sarao charges were filed) which gave the "regulators" no choice: one of them had to be put away for good, but found a way to capitalize on the algos' stupidity, and actually make money by beating them at their own game. As such, regulators and exchanges such as the CFTC and CME had no choice but arrest him and prevent him from trading ever again! ... Read more
"I'm Not Crazy, I'm Scared" - Why For One Trader, This Time It Is Different
Over the course of this week we have heard Larry Fink of Blackrock talking about the severe risks of investing in Europe; Bill Gross of Janus saying German bonds are the short trader's dream; Pimco warning that markets have not addressed the potential of a Fed tightening; the incoming CEO of Allianz, that TWO trillion dollar asset manager, saying, "We see generally meager growth prospects, political dangers and risks of a stock market crash." Even Abby Cohen thinks it is a stock pickers world, not a buy anything and kick back world. And yet, the market didn't even blink.
Over the last three days, we have reported that some of the most important investment voices in the world are more than a little scared about the ravenous appetite for risk playing out in the market, and the fact that they have been ignored is beyond unnerving. Central banks are driving all investment decisions, and what this implies is that they are in this trade so deeply that there is no obvious or practical exit. ... Read more
Democracy Now! U.S. and World News Headlines for Friday, April 24 [7:28]
*DN | A People Expunged: Marking the 100th Anniversary of Armenian Genocide amid Ongoing Turkish Denials (01/24/15) [19:38]
*DN | How Many More? 116 Environmental Defenders Were Murdered Last Year, Mostly in Latin America (04/23/15) [9:38]
"The Lone Gladio" Reviewed"The Lone Gladio" Reviewed (09/19/24) [23:16]
TRNN | How a Protest Against Money in Politics was Spun as a Story on Terrorism (04/24/15) [2:55]
TRNN | Larry Wilkerson: 2016 Presidential Candidates Test the Waters in New Hampshire (04/24/15) [9:45]
*ThomHartmann | Time for the Sheldon Adelson Primary... (04/23/15) [2:39]
ThomHartmann | Jail for Educators, Only Fines for Banksters! (04/23/15) [3:23]
*ThomHartmann | Brunch With Bernie (04/23/15) [44:47]
RT | CrossTalk: The Kiev Regime (04/24/15) [24:46]
RT | Keiser Report: Power of alternative media (E748) (04/23/15) [23:34]
Sex, Drugs, and Dead Soldiers: What U.S. Africa Command Doesn't Want You to Know
Six people lay lifeless in the filthy brown water. It was 5:09 a.m. when their Toyota Land Cruiser plunged off a bridge in the West African country of Mali. For about two seconds, the SUV sailed through the air, pirouetting 180 degrees as it plunged 70 feet, crashing into the Niger River.
Three of the dead were American commandos. The driver, a captain nicknamed "Whiskey Dan," was the leader of a shadowy team of operatives never profiled in the media and rarely mentioned even in government publications. One of the passengers was from an even more secretive unit whose work is often integral to Joint Special Operations Command (JSOC), which conducts clandestine kill-and-capture missions overseas. Three of the others weren't military personnel at all or even Americans. They were Moroccan women alternately described as barmaids or "prostitutes." ... Read more
Bloomberg & HFT (High Frequency Trading) How 'Spoofing' Might Have Crashed the Market (04/23/15) [1:19]
60 Minutes | Wall Street: The Speed Traders (older, but good) [13:35]
Forget "Grexit", "Grimbo" Has Arrived
If you didn't know any better you might think "Grimbo" was a new Sesame Street character. Far from being the name of something that brings smiles to the faces of young children however, it's actually the latest one-word take on the likely outcome of Greece's protracted, painful negotiations with creditors, which will continue tomorrow in Riga where progress is, according to pretty much everyone that will be involved, unlikely. The new term follows in the footsteps of the classic (but now tired) "Grexit" and its underrated predecessor "Graccident," and refers to two of the four outcomes Citi imagines are possible in the unfolding Greek drama. Here, via Citi, are the scenarios that would constitute Grimbo: ...
World Bank & IMF - Structural Adjustment Programmes (SAPs)
Structural Adjustment Programmes (SAPs) are economic policies for developing countries that have been promoted by the World Bank and International Monetary Fund (IMF) since the early 1980s by the provision of loans conditional on the adoption of such policies. Structural adjustment loans are loans made by the World Bank. They are designed to encourage the structural adjustment of an economy by, for example, removing "excess" government controls and promoting market competition as part of the neo-liberal agenda followed by the Bank. The Enhanced Structural Adjustment Facility is an IMF financing mechanism to support of macroeconomic policies and SAPs in low-income countries through loans or low interest subsidies. ...
Beyond Borders: Thinking Critically About Global Issues By Paula S. Rothenberg (Google books)
IMF and World Bank Structural Adjustment Programs and Poverty.pdf
Democracy Now! U.S. and World News Headlines for Thursday, April 23 [12:42]
*DN | U.S.-Backed Saudi War in Yemen Continues as Aid Groups Describe "Catastrophic" Humanitarian Crisis (01/23/15) [11:24]
DN | "Running While Black": Protests Swell over Death of Freddie Gray in Baltimore Police Custody (01/23/15) [15:25]
Jon Stewart - Daily ShowJon Stewart | The Difference Between Atlanta Cheating and Wall Street Scandals Is Who Got Punished (04/23/15) [7:28]
*TRNN | John Kiriakou: Why Didn't Bush/Cheney Prevent 9/11? Part 5 (04/23/15) [20:59]
TRNN | Former CIA, John Kiriakou: I Believed America Could Do No Wrong, Part 1 (04/16/15) [16:38] TRNN | John Kiriakou: How I Joined the CIA, Part 2 (04/17/15) [22:00] TRNN | John Kiriakou: My Reports on 1995 Human Rights Abuses in Bahrain Ignored by State Department, Part 3 (04/19/15) [13:31]*TRNN | Alnoor Ladha: Investigative Report Finds World Bank Displaced 3.4 Million People, Part 1 (04/23/15) [9:50]
TRNN | John Kiriakou: The Iraqi War was a Pissing Match Between Saddam Hussein and American Presidents, Part 4 (04/21/15) [17:25]
TRNN | Janet Redman of the Institute for Policy Studies and Steve Horn of DeSmogblog.org unpack: President Obama Makes Earth Day Proclamation in the Everglades (04/23/15) [19:17]
TYT | Nestlé Caught Stealing Water From California's National Forests (04/22/15) [7:07]
TYT | Oklahoma Officially Blames Fracking For Earthquakes (04/22/15) [5:06]
TYT | Boat Full Of Migrants Capsizes In Mediterranean Sea Killing Hundreds (04/22/15) [8:44]
Homeless | Tent Cities | Welfare?
Behold The Patsy: First Photograph Emerges Of The "Criminal Mastermind" Reponsible For The Flash Crash
... The reason, of course, is that according to the "regulator" the gullible investing public is expected to believe that one single person, operating out of a non-collocated, latency fortress in Hounslow (despite allegedly making $40 million over 5 years from spoofing) is responsible for the May 2010 flash crash. ...
... So with the Sarao "flash crash" mystery solved, we eagerly look forward to the CFTC exposing the daytrading teenager operating out of a hut in Thailand who was responsible for the October 15, 2014 Treasury flash crash, followed promptly by the Russian grandma in Vladivostok whose trigger happy FXat finger resulted to the US Dollar flash crash from March 18.
Because clearly without "confidence" that the market is fixed, no self-respecting retail investor will buy everything that hedge funds, prop desks, and ultimately central banks are so desperate to sell at these all time high prices. ...
The Richest 0.01 Percent of Americans Gave 42 Percent of Political Donations in 2012.
What Does Gun Violence in America Really Cost?
... The air bag against her was stifling, the inside of the cab hot. She managed to call 911. "Where are you shot on your body?" the dispatcher asked. "I don't know, I cannot move. I can't breathe anymore. Somebody help me," she pleaded. "I'm dying." ...
The Chamber Of Commerce Is Fighting Fiercely To Stop The Scourge Of Corporate Transparency
This spring, shareholders in more than 100 companies will introduce resolutions calling for greater disclosure of corporations' political and lobbying activity. Six major companies -- Dean Foods, Eastman Chemical, H&R Block, Marathon Oil, U.S. Steel and Valero Energy -- have already reached agreement with New York state Comptroller Thomas DiNapoli, who oversees the third largest pension fund in the nation, to adopt political spending disclosure policies in exchange for the comptroller's office withdrawing its resolutions.
But don't consider that a sign that corporate America is learning to live with transparency. Over the past two years, three of the usual suspects -- the U.S. Chamber of Commerce, the Business Roundtable and the National Association of Manufacturers -- have joined together to try to discredit the purpose of disclosure policies and the advocates calling for them. ... Read more
Democracy Now! U.S. and World News Headlines for Wednesday, April 22 [11:55]
*DN | "It Was Worth Risking My Life, My Freedom": Campaign Reform Activist on Flying Gyrocopter to Capitol (01/22/15) [16:49]
DN | Kenyan Mother Wins Goldman Prize for Anti-Lead Protest After Her Own Breast Milk Made Baby Sick (01/22/15) [10:25]
Middle East*CBS | Breaking down conflicts between Sunnis and Shiites (04/05/15) [4:39]
UkraineRT | Crimea For Dummies (03/22/15) [26:11]
John OliverHBO | John Oliver: Patent Trolls (04/19/15) [11:03]
HBO | John Oliver: Doomsday Video (04/19/15) [6:29]
TRNN | Petra Tschakert: UN Target of 2 Degree Limit for Temperature Rise 'Utterly Inadequate' (04/22/15) [17:25]
TYT | Ted Cruz Attacks John McCain, Then Apologizes (04/21/15) [4:46]
TRNN | Paul Paz y Mino: Chevron Paying Damages for Dumping Toxic Waste in the Amazon Waterways (04/22/15) [14:47]
*RT | CrossTalk: Destroying Yemen (04/22/15) [23:53]
RT | Keiser Report: Gyrocopters & Glitter Bombs (E746) (04/21/15) [23:54]
How FDR Warned us Against Corporate Fascism... (04/21/15) [9:03], Part 2 [6:26], Part 3 [4:52]
6 Surprising Ways Progressives Are Actually Kicking Butt in Congress
But the mounting blizzard of presidential gossip is masking a shift in the emerging agenda Democrats are presenting to the public. Less than six months after a disastrous federal election for Democrats, the Congressional Progressive Caucus (CPC), astonishingly has reemerged as a potent force.
Iowa Reports Worst Case Of Bird Flu In National Outbreak
Iowa, the top U.S. egg-producing state, found a lethal strain of bird flu in a flock of millions of hens at an egg-laying facility on Monday, the worst case so far in a national outbreak that has now prompted Wisconsin to declare a state of emergency.
The U.S. Department of Agriculture said the Iowa flock numbered 5.3 million birds while the company that operates the farm said it was 3.8 million. It was unclear why there was a discrepancy. ... Read more
The infections have hurt trade in the $5.7 billion U.S. export market for poultry and eggs.
Ten Things We're Grateful For (Irony Alert)
Being grateful boosts your happiness. Ten wonderful things I'm grateful for.
Democracy Now! U.S. and World News Headlines for Tuesday, April 21 [5:57]
*DN | War Against All Puerto Ricans: Inside the U.S. Crackdown on Pedro Albizu Campos & Nationalist Party (01/21/15) [26:11]
*DN | Greece's Yanis Varoufakis: The Medicine of Austerity Is Not Working, We Need a New Treatment (01/21/15) [14:28]
Jon Stewart - Daily Show*Jon Stewart | Mysteries Presents: The Case of the Iranian Agent! (04/17/15) [10:36]
Jurassic World - The Park is Open June 12 (Trailer) [2:40]
Jurassic World website
*TRNN | John Kiriakou: The Iraqi War was a Pissing Match Between Saddam Hussein and American Presidents, Part 4 (04/21/15) [17:25]
TRNN | Dimitri Lascaris says: Syriza's Choice: Bail on the People or the Troika (04/21/15) [12:06]
Global Action Day against Free Trade Agreement - TPP & TTIP
TYT | Cop Takes Down Murder Suspect Without Deadly Force (04/20/15) [3:57]
Veteran Stopped From Saving Flag From Protest (04/20/15) [7:47]
Generic Drugs Just Got More Dangerous (04/17/15) [12:14]
Billionaires Creating Their own Super PACs... (04/20/15) [8:45]