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Member Submitted News

Oct 17 12:47

Falling dollar pushing cotton prices to all-time high

Cotton prices edged lower after setting a record high Friday, as poor weather in several countries has left tight supplies even as demand grows stronger worldwide...

Oct 17 12:19

Poverty In Suburbs Increasing Rapidly During Economic Downturn

WASHINGTON — The American suburb is no longer a refuge from poverty in cities.

A pair of analyses by the nonprofit Brookings Institution paints a bleak economic picture for the 100 largest metropolitan areas over the past decade and in coming years, and finds that suburbs now are home to one-third of the nation's poor, and rising.

Oct 17 12:07

The welfare state, RIP

By attacking universal child benefits, the Tories have targeted the weakest link in the UK's entire social protection system

It is usually easier to see the beginning of something than the end of it. Born in 1945 in post-war Britain, the welfare state met its end in Britain this month, when the chancellor George Osborne repudiated the concept of the "universal benefit", the idea that everyone, not just the poor, should benefit from social protection.

Oct 17 12:05

Spending cuts: We have to see this through, says Osborne

Chancellor admits tough decisions ahead as Alan Johnson warns cuts will be 'too deep and too quick'
The chancellor, George Osborne, today said he was determined to see through "tough" spending decisions in this week's comprehensive spending review.
His remarks prompted his new opposite number, Alan Johnson, to accuse him of "economic masochism".

Osborne is expected to outline £83bn of cuts, the most drastic reductions in state spending since the second world war. The detailed impact of the cuts became clearer today as the Observer revealed reductions of around 30% to the justice system, involving cuts to the legal aid budget and the closure of 150 courts.

Oct 17 11:06

Finnish Foreign Minister finally granted entry to Gaza

Sources have asserted that Stubb was denied immediate entry on the grounds that his visit could constitute recognition of the Islamic Resistance Movement(Hamas).

Israel's belligerent foreign minister, Avigdor Lieberman, challenged EU Foreign Ministers to visit Gaza in order to ascertain that there was no blockade.

Oct 17 11:03

Police Misconduct Costs NYC Taxpayers Nearly $1B to Settle Claims

Activist Post

The increasing militarization of police has had profound social ramifications across the United States, as citizens increasingly feel threatened by those sworn to protect them. Beyond the social fallout, a recent Associated Press investigation skims the surface of the financial impact of police excesses over the previous decade.

Oct 17 10:57

Devouring al-Quds in broad daylight

The recent decision by the Israeli government to banish four Palestinian lawmakers from Jerusalem to areas in the West Bank run by the Palestinian Authority (PA) is another repugnant expression of the Israeli policy of ethnic cleansing in the city, holy to Muslims, Christians and Jews.

....Israel deems anyone and everyone, including peace activists carrying milk powder and food to blockaded Gazans as "terrorist." Indeed, Israel effectively classifies Palestinians into two categories: Terrorists, who ought to be annihilated, and collaborators or informers. There is nothing in between.

Oct 17 10:51

9/11 Truth Raids the University of Florida Homecoming Parade

After nine long years the facts have become undeniable. The official story put forward by our government is a complete sham, written by the very people who helped set up and possibly carry out the attacks. Six out of ten 9/11 Commission members support a new, independent investigation. Richard Gage of AE9/11 Truth has scientifically proven that the towers were taken down by a controlled demolition. Evidence for a controlled demolition is further reinforced by witness testimony and video evidence. We have yet to even see all the footage from that dreadful day!

Oct 17 10:36

Why “Show me the Note” will have your case dismissed

Here’s why:


1) When you blame the other guy, you play the victim card. The victim card is the weakest of plays. It shows you are not willing to take responsibility for the event and seek to lay blame on something/someone else.

2) The situation is out of your control. You can not do anything to make it better.

Instead, look at what you are doing that is not giving the judge enough reasons to side with your case.

Oct 17 10:24

News Corp. Shuts Off Hulu Access To Cablevision Customers – And Turns It Back On

Editor's Note: In an impressive display of internet censorship power, News Corp has been able to restrict internet access to outside providers to some of its websites. Now that we know that this type of censoring ability exists, we can expect to see much more efforts to strangle internet service providers to comply with the media giants. Not a good sign at all. Also note that the following article is written by a News Corp employee so it surely has the kindest possible spin on this exercise of power.

Peter Kafka
WSJ Digital

Oct 17 10:19

The Mortgage Morass: Obama Opposes Any Action That May Upset the Banks

Paul Krugman
NY Times

American officials used to lecture other countries about their economic failings and tell them that they needed to emulate the U.S. model. The Asian financial crisis of the late 1990s, in particular, led to a lot of self-satisfied moralizing. Thus, in 2000, Lawrence Summers, then the Treasury secretary, declared that the keys to avoiding financial crisis were “well-capitalized and supervised banks, effective corporate governance and bankruptcy codes, and credible means of contract enforcement.” By implication, these were things the Asians lacked but we had.

Oct 17 10:15

Mortgage Damage Spreads

Big Bank Stocks Hit Again as Modern Finance Collides With the Legal System

Nick Timiraos, Jessica Silver-Greenberg, Dan Fitzpatrick
Wall Street Journal

The unfolding foreclosure-processing debacle is causing bank stocks to slide and putting millions of delinquent borrowers in limbo.

Oct 17 09:50

ABSOLUTE MUST SEE -- Donald Duck Meets Glenn Beck in 'Right Wing Radio Duck' (+ Beck's Response - Both Clips)

Freaking BRILLIANT!!!

This is a re-imagined Donald Duck cartoon remix constructed using 50 classic Walt Disney cartoons from the 1930s to 1960s. Donald's life is turned upside-down by the current economic crisis and he finds himself unemployed and falling behind on his house payments. As his frustration turns into despair Donald discovers a seemingly sympathetic voice coming from his radio named Glenn Beck.


Oct 17 09:27



Here’s a look into who was involved in setting up the Federal Reserve in 1913.

* Rothschild Banks of London and Berlin
* Lazard Brothers Bank of Paris
* Israel Moses Sieff Banks of Italy
* Warburg Bank of Hamburg, Germany and Amsterdam
* Kuhn Loeb Bank of New York
* Lehman Brothers Bank of New York
* Goldman Sachs Bank of New York
* Chase Manhattan Bank of New York (Controlled By the Rockefeller Family Tree)

Charles A. Lindbergh, Sr. 1913 “When the President signs this bill, the invisible government of the monetary power will be legalized….the worst legislative crime of the ages is perpetrated by this banking and currency bill.”

A Bit of History

Oct 17 08:55

The Sun & The Times lose online readers as competitors grow

In total, the Times has lost 765,000 unique users in the three months since it went behind the paywall, a 34.5 per cent decrease in monthly unique visitors and a 70 per cent decrease in total page views. It is important to note that visitors to the site is not an indication of paying subscribers as a user will be logged by comScore even if they hit the paywall login page and immediately ‘bounce’ away from the website. At present News International have still not released official figures on the number of subscribers to The Times website or its iPad application.

Perhaps more surprising is the dip in unique users reading The Sun products online which lost 169,000 users in the past month alone.

Oct 17 08:55

ancy Pelosi has time to speak to Microsoft, but not the voters of CA District 8


Oct 17 08:51

Paywall fails to stop Wapping print declines

If Rupert Murdoch's paywall gambit was intended to defend print circulations, it isn't working - new circulation figures suggest.

The Times and Sunday Times became the first UK national newspapers to go completely behind paywalls in June this year.

Circulation decline at both titles was in line with the rest of the market in September, new figures released by ABC reveal.

Sales for The Times dropped 14.8 per cent to year on year to 486,868 and at the Sunday Times circulation fell by 9.5 per cent to 1,091,869.

Oct 17 08:46

RETRACTION: Monsanto DID NOT buy Blackwater/Xe. They merely rented it...

My last post was, as it turns out, overhasty and underthorough; a Mr. Jeremy Bloom of the Great American Northwest has described the situation exactly (at least from my experience). I thought I would thank him and spread his post by way of retraction. Thank you, Mr. Bloom. (My apologies, Mr. Scahill):

Too Much of a Bad Thing: Monsanto Did NOT Buy Blackwater.which begins: "How do internet lies get spread? By well-meaning people who pass things on without checking..."

Oct 17 08:44

Max Keiser On California's Planned Marijuana Bonds: "Gold And Ganja Make A Really Well-Balanced Portfolio" (VIDEO)

The latest clip from Max and Stacy. You'll hear all the best jokes in the first 2 minutes.

Video: Max Keiser and Stacy Herbert look at hard assets versus high assets, Hu Jintao bonds, political witches and more bank bailouts. Max also talks to Eric Janszen about his new book, the Post Catastrophe Economy.

Oct 17 08:40

Changing Education Paradigms

Oct 17 08:38

Obamanomics vs. Reaganomics

As the economic downfall continues, 67% of Americans don't approve of US President Obama's economic policies. The film takes a provocative look at our deeply depressed economy using the words and actions of Presidents Reagan and Obama. Director of the new film "I Want Your Money" Ray Griggs joins RT's Kristine Frazao for an exclusive interview.

Oct 17 08:30

Mr. Mozilo and his co-defendants didn’t admit to any wrongdoing. But Mr. Mozilo agreed to pay $67.5 million in a penalty

“For years, Mr. Mozilo was among the highest-paid executives in America and his S.E.C. fine is a fraction of the vast wealth he amassed running Countrywide. In one eight-year period, from 2000 until he left the company in 2008, Mr. Mozilo received total compensation of $521.5 million, according to Equilar, a compensation research firm.”

$521 Million in 9 years salary translates to $158,000/day everyday. that is sick.
How much money is enough? it is not need it is ego.

Oct 17 08:10

5 times we almost nuked ourselves by accident

We spent the Cold War in perpetual fear that the U.S. and U.S.S.R. would start an intentional nuclear conflict. The truth is, we came far closer to blowing ourselves up with nuclear weapons than we ever came to WWIII.

Nuclear incidents have a bunch of ominous military code names, like Broken Arrow, Faded Giant or NUCFLASH. There are actually dozens of instances like these, but here are five major ones that happened in the U.S.

Oct 17 08:07

Murray, Rossi spar over taxes, government size in debate

SPOKANE, Wash. - Democratic U.S. Sen. Patty Murray and Republican challenger Dino Rossi argued over tax cuts and the role of government during their first debate of the campaign Thursday evening.
The debate produced few fireworks as the candidates stuck to well-worn themes that have been featured in a barrage of television ads.

I heard someone say recently that it's like having a choice between being hanged and being drowned... Rossi sends money to the banks, Murray sends money to Israel. Then end result? We're out our money. I bet if there were a third candidate, he'd put our money in his own pocket.

Politicians... can't live with 'em... Can't kill 'em. (I know, but that just gets you more problems.

Oct 17 08:01

Man arrested with meat cleaver near Murray/Rossi debate

SPOKANE -- A man is under arrest suspected of waiving a meat cleaver near the Patty Murray/Dino Rossi debate.
Police say it happened just before 5:00 p.m. Thursday. They say Johnny J. Sieler, 50, was driving by a group of supporters gathered in the area of Regal and 39th Avenue.