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How the Treasury and the Fed handled the crisis, and the rapidity with which Congress moved to stimulate the economy, shows that fiscal and monetary policies do work; that Keynesian economics is still relevant to our post-modern times.
What part of no don't the elitists in Brussels understand? Don't the unelected bureaucrats in Brussels speak Irish, Dutch or French? Why are they driven to go from gross sexual imposition to the RAPE of Europe? "No means no!" (photo by Robert Gulyas)
American foreign policy since the end of the cold war has been focused primarily on the Middle East and to an alarming extent on the defense and promotion of Israel. Why has Israel become so central to our foreign policy and what advantages does the United States gain from the relationship?
There used to be a habit of framing old Tsarist bonds and putting them on the wall. Lenin's decision to renege on the Russian imperial debt meant that it became mere paper, interesting only as a historical relic. In the light of the recent financial crisis in the USA, could the same thing happen now to the bonds issued by the American government, and could the country which has dominated the world for the last half century now enter history as a bankrupt state? And what can Russia do in the circumstances?
Whenever a Great Bipartisan Consensus is announced, and a compliant media assures everyone that the wondrous actions of our wise leaders are being taken for our own good, you can know with absolute certainty that disaster is about to strike.
Alaska Gov. Sarah Palin—John McCain’s dynamic Republican vice presidential running mate—can be counted as a firm advocate for the interests of Israel. In fact, the Alaska governor is so energetically pro-Israel that she displays an Israeli flag in her office, a point that has received widespread attention in the Israeli press and which is now being discussed in pro-Israel journals and newspapers on American soil.
The funny thing about capitalism is that you need capital to play. When the bank-vault is full of nothing but worthless mortgage-backed securities (MBS) and overvalued junk bonds; the whole thing goes belly-up fast.
The Bush administration has found yet another way to waste taxpayer money while providing huge sums to private contractors. According to a survey of activities in 2007 by the Office of the Director of National Intelligence, about a third of the federal professional intelligence workforce now consists of contractors, mostly in the Washington, DC area.
“Train-wreck” doesn’t even begin to describe what is starting to happen to the U.S. today with the financial crisis, an onrushing depression, and the failure of George W. Bush’s war policy as he is faced down by Iran and the Russian bear. But in an even broader sense, the West, as a civilization, after a century of world war and the utter failure of global finance capitalism, may have reached its limits. (Photo © 2008 Jorge Vicente.)
The complex U.S. legal system requires attorneys to work exclusively in specific aspects of the law. The tort lawyer lobby is powerful in Washington, DC because it donates more money than any other campaign contributor and enjoys the empathy of the many elected legislators, who are, in many cases, lawyers. As a result, the health services have been seriously impacted.
U.S. Vice President Dick Cheney started a Caucasian-Ukrainian tour yesterday. His challenging task is to promise weapons to Georgia and NATO membership to Ukraine, and to convince Azerbaijan to accept the Nabucco pipeline project. He will talk with the Azerbaijani president in Baku on September 2 and 3, reaffirm American support for the Georgian president on September 4, and later in the day go to Ukraine.
No one in or out of the US government should be exempt from prosecution and capital punishment for the Treasonous attacks of 9/11. The planners and participants in the 9/11 attacks within the US government and their accomplices must not be allowed to protect themselves behind the specious excuse of "National Security." The true security and survival of our Republic depends entirely on this.
The news is full of Fannie Mae this and Fannie Mae that. Who is Fannie and why should I care? Fannie Mae (stock symbol FNM) stands for Federal National Mortgage Association. She has a brother named Freddie, the Federal Home Loan Mortgage Corporation, Known as Freddie Mac.
Freemasons claim to be a charitable group of non threatening males who meet in secret for fun and a good time, but is Freemasonry really an innocent mens group where people meet in secret to participate in harmless fraternal activities? From Italy, China and to Canada, Freemasonry seems to be involved in organized crime and government subversion on a monumental scale.
Once upon a time when governments no longer served most of their citizens it was the most economically disadvantaged that could be counted on to rebel against tyranny and injustice. Times have changed, for the worse, despite the spread of democracy. Here we are with a two-party plutocracy that preferentially serves corporate and wealthy interests and lets the middle class suffer and sink.