Member Submitted News

Sep 29 07:26

The Real Reason for the Rush?

One of the questions that has come up in connection with this week's scramble to pass a $700 billion bailout package for the beleaguered financial sector is: Why the rush? Why not take some time to fully explore the risks, discuss the financial, economic and political ramifications, and figure out ways to minimize the cost to taxpayers?

Sep 29 07:23

Did YOU Marry Fannie Mae?

Men finally have figured out how to enjoy life like Heather Mills, the unjustly and grossly overcompensated ex-wife of Paul McCartney. They grew tired of watching women get bailed out of failed marriages, collecting obscene payouts and lifetime salaries called alimony. So, they developed a brilliant plan: become CEO of a teetering company, leave it in tatters, and exit with a golden parachute.

Sep 29 07:17

US Targets Peacemakers While Pakistan Battles American-Taliban

Is it really necessary that we let Bush and Cheney destroy another innocent country before they pretend to leave the stage after Nov. 4? Does this Nation, which fancies itself as a great defender of freedom and democracy, intend to allow them do to our ally Pakistan what they have done to Iraq and Afghanistan? If we do not feel extreme shame for what is being done in our names there then perhaps it is true that we are something less than human, merely thinking cattle.

Sep 29 07:15

CIA ‘backed’ Irish battle against Brussels treaty

FIRST it was the sheer ingratitude of the Irish, then it was the failure of the Dublin government to mount a successful yes campaign. Now Brussels has found a new explanation as to why Ireland voted down the European Union treaty in June - a CIA and Pentagon-backed plot, devised by American neoconservatives to weaken the EU.

The European parliament wants an inquiry into whether Declan Ganley, the multi-millionaire chairman of the Libertas group that campaigned against the treaty, could be in the pockets of US defence and intelligence services.

Sep 29 07:13

[Video] The Two McCain Videos That Obama’s Campaign Should Be Using

The problem with McCain isn’t his age or his approach to taxes; it’s his virtual promise to engage in more war and his willingness to lie to get what he wants. If you hate Obama for whatever reason, that’s fine–vote for Bobb Bar (libertarian) or Chuck Baldwin (constitutional). Or hell–write in Ron Paul. Just don’t vote for McCain.

But don’t listen to me; watch the videos of McCain lying to you. It’s not out of context, and it’s not a trick. It’s John McCain promising war, being caught in outright lies, and in the case of the Confederate flag, admitting to a complete lack of integrity.

Sep 29 06:57

Republican IT consultant subpoenaed in case alleging tampering with 2004 election

A high-level Republican consultant has been subpoenaed in a case regarding alleged tampering with the 2004 election.

Michael S. Connell was served with a subpoena in Ohio on Sept. 22 in a case alleging that vote-tampering during the 2004 presidential election resulted in civil rights violations. Connell, president of GovTech Solutions and New Media Communications, is a website designer and IT professional who created a website for Ohio’s secretary of state that presented the results of the 2004 election in real time as they were tabulated.

Sep 29 06:24

Financial Bailout will Lead to Demise of the Dollar as Hyperinflation Saps Savings

This is what happens when you're a debtor nation. You give up control and power to those who own your debt. As the U.S. claimed to be "fighting for freedom" in Iraq and the Middle East, it was actually imprisoning its own citizens in a matrix of never-ending debt, handing over the keys of control to China, Japan and Middle Eastern nations who now decide the fate of this country.

Sep 29 05:51

How to Protect Your Assets as the Financial Crisis Worsens

The latest interventions are so extreme and over the top that they have sent a loud message around the world that the U.S. is in big trouble. Rather than reducing uncertainty and increasing stability in the markets as they had planned, these actions will only create more fear.

Sep 29 00:15

The End of Voodoo Economics

As the all-too-often selectively quoted Adam Smith actually said: "All for ourselves, and nothing for other people, seems, in every age of the world, to have been the vile maxim of the masters of mankind."

Sep 29 00:04

Our Banking History, the Story of the Privately Owned Federal Reserve System

THE FEDERAL RESERVE SYSTEM IS PRIVATELY OWNED

Our banking history is filled with deception, fraud, larceny and treason. To understand the problem of how modern, deceptive banking policy adversely affects every American citizen and is, indeed, antithetical to our great Republic, we must begin with an examination of the historical evolution of the privately owned central banking system. A cursory exploration of this system reveals that from its very inception it, by design, undermines political will and insures a lifetime of feudal-like, debt-based enslavement...

Sep 28 23:53

Bet on Israel bombing Iran

Are we going to have an October surprise, an attack on Iran by either the Bush administration or by Israel to stop the regime from becoming a nuclear power?

It could happen - and alter the dynamics of the presidential race in the blink of an eye - but only if Israel pulls the trigger. Don't expect the United States to drop bombs anytime soon. The reason: Iran has us over a barrel.

Sep 28 22:33

Protests on Wall Street - what the news media isn't showing you

Hundreds of protestors demonstrated agains the proposed $700 Billion bail out plan for the finance and banking industry, yet the national news media in America didn't even report it!

Sep 28 22:31

SNL: Katie Couric / Sarah Palin Redux

Sep 28 21:05

Treasury Would Emerge With Vast New Power

During its weeklong deliberations, Congress made many changes to the Bush administration’s original proposal to bail out the financial industry, but one overarching aspect of the initial plan that remains is the vast discretion it gives to the Treasury secretary.

Sep 28 20:58

[Video] CNN Laughs It Up Over Sarah Palin Interview

"Everyone inside the McCain campain will tell you in a private conversation they thought that interview was simply a disaster."

Sep 28 20:23

Royal Bank of Scotland to get Billions from Bailout

THE ROYAL Bank of Scotland is to be one of the biggest beneficiaries of the planned $700 billion bail-out that comes courtesy of the American tax-payer if the US Congress gives the financial rescue package the go-ahead this weekend.

The bank’s share of the bail-out will enable RBS to offload billions of dollars of questionable assets.

Sep 28 16:30

680% Inflation?

As mentioned earlier, the monetary base had a VERY large increase. It went up by over 7.6% in two weeks!

That's a very large creation of money, well into hyperinflation territory. Compounding 7.6% in two weeks for 26 periods gives a 680% increase per year.

Sep 28 16:26

Impulsive, Impetuous, Impatient

Suppose John McCain had been in the White House in October 1962, facing one of the great tests of the modern presidency. If so, we might remember that period not as “the Cuban missile crisis” but as “World War III.”

Sep 28 16:24

Visa threat to Britons as America and Europe row over security

Bargain hunters hoping to fly to America for the January sales could be forced to apply for visas unless European leaders abandon their objections to strict US security controls.

American anti-terror chiefs are threatening to withdraw the Visa Waiver Scheme for British and European tourists unless the EU signs an agreement on the new measures before Christmas.

Under the US Homeland Security scheme, all travellers – including children – without a visa must fill out a detailed online questionnaire about their health and criminal history at least three days before departure.

Sep 28 16:13

Gallup Daily: Obama Moves to 50% to 42% Lead

PRINCETON, NJ -- Barack Obama leads John McCain, 50% to 42% among registered voters in the latest Gallup Poll Daily tracking update for Thursday, Friday, and Saturday -- just one point shy of his strongest showing of the year.

Sep 28 16:11

Palin Claimed Dinosaurs And People Coexisted

Soon after Sarah Palin was elected mayor of the foothill town of Wasilla, Alaska, she startled a local music teacher by insisting in casual conversation that men and dinosaurs coexisted on an Earth created 6,000 years ago -- about 65 million years after scientists say most dinosaurs became extinct -- the teacher said.

...

In a widely-circulated interview, Matt Damon said of Palin, "I need to know if she really think that dinosaurs were here 4000 years ago. I want to know that, I really do. Because she's gonna have the nuclear codes."

Sep 28 16:06

[Video] C-SPAN caller: Bush and Cheney dead, dead, dead

Caller to C-SPAN: "George Bush and Dick Cheney are liars, traitors, and murderers, and if there was any true justice in this country the people would drag them out of the White House, take them to the Capital Mall and hang them by the neck until they are dead, dead, dead. Thankyou very much."

Sep 28 15:51

Hey U.S., welcome to the Third World!

Admittedly, your transition to Third World status is far from over, and it won't be painless. At first, for instance, you may find it hard to get used to the shantytowns that will replace the exurban sprawl of McMansions that helped fuel the real estate speculation bubble. But in time, such shantytowns will simply become part of the landscape. Similarly, as unemployment rates continue to rise, you will initially struggle to find a use for the expanding pool of angry, jobless young men.

Sep 28 15:43

Osama bin Laden, A.K.A. CIA Asset "Tim Osman"

Tim Osman (Ossman) has recently become better known as Osama Bin Ladin. "Tim Osman" was the name assigned to him by the CIA for his tour of the U.S. and U.S. military bases, in search of political support and armaments. [...] There is some evidence that Tim Osman ... visited the White House. There is certainty that Tim Osman toured some U.S. military bases, even receiving special demonstrations of the latest equipment. Why hasn't this been reported in the major media?

Sep 28 14:13

Marcy Kaptur warns “there are domestic enemies to the Republic”

Rep. Marcy Kaptur (D-OH) warns the American people about Constitutional enemies of the Republic and the fraudulent trillion(s) dollar bailout…

“My message to the American people don’t let Congress seal this deal. High financial crimes have been committed.”

“The normal legislative process has been shelved. Only a few insiders are doing the dealing, sounds like insider trading to me. These criminals have so much political power than can shut down the normal legislative process of the highest law making body of this land.”

Sep 28 14:02

Breaking! Rep. Michael Burgess (R-TX) - “we are under Martial Law”

Rep. Michael Burgess (R-TX) reports from the floor of the House that the Republicans have been cut out of the process and called unpatriotic for not blindly supporting the fraudulent bailout. He says the only debate has been about what talking points to use on the American people. The most ominous revelation is when he claims the Speaker has declared martial law.

Sep 28 10:58

Club Fed

I've been thinking recently of a "free-market" economist who left university teaching to join a regional Federal Reserve Bank, at its lowest professional rank. He was soon bragging about the great lifestyle even for a tyro: high pay, fancy benefits, easy work, chauffeured limos when he traveled, suites at four-star hotels, dinners at the most expensive restaurants in town, all courtesy of the printing press. I told him that his name would be on the list, come the Revolution.

Sep 28 09:24

French to fight police database

David Reid reports on a storm brewing in France over plans to build a database to hold details of people considered likely to breach public order.

Civil liberties groups fear that the new police database, called Edvige, would significantly erode rights to privacy.

Although governments regularly gather and store data about citizens, Edvige would include information about the youngest members of society.

Sep 28 09:17

Is Our "Financial Crisis" A New 9/11? Chumps Think So, And I Do Too

The most prominent common features, in my view, between the so-called "terrorist attacks" of 2001 and the so-called "financial crisis" of 2008 are:

It's an inside job -- a terrorist attack of unprecedented scope and scale -- enabled by statements from politicians and the media which are chock-full of lies and spin.

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