Financial Crash Analysis: $22.6 Billion in Homeowner Relief; $7.8 Trillion to Four Wall Street Banks

[Economic]
Financial Crash Analysis: $22.6 Billion in Homeowner Relief; $7.8 Trillion to Four Wall Street Banks
By Pam Martens and Russ Martens
Posted January 16, 2017

protecting the big banksThe American people would still be in the dark about the Federal Reserve’s covert money spigot to the banks except for Senator Bernie Sanders. In 2010, as Congress was debating the Dodd-Frank financial reform legislation, Sanders introduced an amendment that would force the GAO to conduct a one-time audit of the Fed covering its emergency lending programs from December 1, 2007 through July 21, 2010, the date the legislation was signed into law by President Obama. (Because of this abbreviated period of time, the public may still lack full details about Wall Street’s bailout. Sanders got pushback from the White House that prevented him from pushing for a stronger amendment.)

When the one-time audit of the Fed was released by the GAO in 2011, Sanders said in a statement: “This is a clear case of socialism for the rich and rugged, you’re-on-your-own individualism for everyone else.” More…

This Is How War Begins

[Spirit]
This Is How War Begins
by Charles Eisenstein
Posted January 15, 2017

dehumanizing, first step to murderAnyone who reads Facebook or pretty much any political website is sure to see comments that dehumanize not only the opposing candidate, but the candidate’s supporters too. This polarization and vitriol, unprecedented in my lifetime, has me more concerned than the prospect of an evil candidate winning. It is as if what is really going on here is a preparation for civil war.

Dehumanization is a predecessor of war. When you see your opponents as subhuman in their morals, conscience, or intelligence, then you will have to defeat them by force. Moral or rational persuasion won’t do it. That is what the above-quoted comments imply. More…

How Corporations Hijacked Personhood

[Justice] 
How Corporations Hijacked Personhood
by SARTRE
Posted January 14, 2017

corporate personhood has been hijackedFor 100 years after the American Revolution, legislators maintained tight control of the corporate chartering process. Because of widespread public opposition, early legislators granted very few corporate charters, and only after debate. Citizens governed corporations by detailing operating conditions not just in charters but also in state constitutions and state laws. Incorporated businesses were prohibited from taking any action that legislators did not specifically allow.

States also limited corporate charters to a set number of years. Unless a legislature renewed an expiring charter, the corporation was dissolved and its assets were divided among shareholders. Citizen authority clauses limited capitalization, debts, land holdings, and sometimes, even profits. They required a company’s accounting books to be turned over to a legislature upon request. The power of large shareholders was limited by scaled voting, so that large and small investors had equal voting rights. Interlocking directorates were outlawed. Shareholders had the right to remove directors at will. More…

Allegations Against Russia Less Credible Every Day

[Media]
Allegations Against Russia Less Credible Every Day
By David Swanson
Posted January 13, 2017

main stream propaganda of recordSupposedly the evidence has been made public and is overwhelming, but try to find it and you’ll come up dry. Ask why, and you’ll be told that of course the evidence cannot be made public as that would risk revealing how the U.S. government came upon the information. Yet the same government feeds the U.S. media with the story that it intercepted communications of top Russian officials just after the U.S. election celebrating Trump’s victory. Did that story not run that risk?

The U.S. government feeds the U.S. media (specifically the “free” press of the Washington Post whose owner makes more money from the CIA than from the Washington Post) that Russia has hacked Vermont’s electrical supply, and — because this was a claim that could be checked by an independent party — the secret methods of the CIA quickly turned out to be these: they had simply made the thing up. More…

We Never Voted for Corporate Rule

[Social]
We Never Voted for Corporate Rule
by David Korten
Posted January 12, 2017

The $66 billion sale of Monsanto is yet another reminder of how corporations have colonized the world and subverted democracy. To regain our future, we must claim our right to popular sovereignty.

As individual corporations grow in size, global reach, and political power, we see a corresponding shift in the primary function of national governments—from serving the interests of their citizens to assuring the security of corporate property and profits. They apply police and military powers to this end, subsidize corporate operations, and facilitate corporate tax evasion. They let corporations off the hook with slap-on-the-wrist fines for criminal actions. Rarely, if ever, do they punish top executives.

We the People never voted to yield our sovereignty to transnational corporations. Nor was the corporate takeover a response to public need. More…

Not Acting Is a Decision: The Obama Legacy’s Empty Spaces

[Political]
Not Acting Is a Decision: The Obama Legacy’s Empty Spaces
By William Rivers Pitt
Posted January 11, 2017

Obama's legacyNot acting is also a decision, and in this case, the decision to let torture stand unpunished means that torture itself will not only stand, but expand. The Obama administration could have set a legal precedent by prosecuting the perpetrators. It chose not to, and so this corpse flower of a policy will bloom once again. This was not the hope and change we were looking for.

Then there is the matter of Wall Street and the financial collapse of 2008. President Obama and his administration did yeoman’s work holding the economy together after all the gaskets blew, and the recovery we have enjoyed since those dark days is not to be sneezed at. Yet that recovery is merely an accent in the symphony of financial fiction we labor under like so many cheese-seeking mice in an endless maze. More…

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The Shocking Truth about Our Money System and How We Can Break Free!

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Great story on why we need to remove ALL of our elected government representatives

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