Month: November 2014

Corporate interests rather than patient care is driving reform in today’s NHS and will divert money away from YOU

This film is radical. With over a dozen NHS insiders as my witnesses, I will tell the alarming story of how the health service as we know it is being quietly abolished. Almost without our noticing, it’s been replaced by a system modelled on the US in which care is delivered by profit-maximising companies that charge patients for treatment which is anyway to be restricted and reduced.

Why Do Banks Want Our Deposits? Hint: It’s Not to Make Loans

The reality of how money is created today differs from the description found in some economics textbooks: Rather than banks receiving deposits when households save and then lending them out, bank lending creates deposits.

. . . Whenever a bank makes a loan, it simultaneously creates a matching deposit in the borrower’s bank account, thereby creating new money.

A Match Made In Heaven – President Obama And The BBC’s John Simpson

Sometimes a piece of propaganda is so glaring you almost have to splash cold water on your face to make sure your eyes are not deceiving you. Take a bow John Simpson, the grandly titled ‘World Affairs Editor’ of BBC News. You don’t earn a moniker like that by offending the global power elite. But is it really necessary to genuflect before US President Barack Obama as Simpson did in a recent article masquerading as informed commentary?

The Caliph fit to join OPEC

Islamic State leader Caliph Ibrahim – aka Abu Bakr al-Baghdadi – never ceases to amaze us – and most of all his powerful petrodollar-stuffed backers. The Caliph is for all practical purposes now an oil major worth of membership of the Organization of the Petroleum Exporting Countries (OPEC). His takfiri/mercenary goons – in theory – have for some time been extracting, refining, shipping and/or smuggling and clinching juicy deals involving vast quantities of oil, reaping profits of roughly US$2 million a day.

“Dark Alliance”: The Story Behind the Crack Cocaine Explosion

“The only way you’re going to do effective journalism is to be truly independent,” Webb once said. “It’s a difficult thing to do, but [investigative journalists] George Seldes and I.F. Stone did it. There’s no reason modern-day journalists can’t do it too. You don’t get 401-Ks and health benefits, but at least you get to tell the truth.”

Afghan Retreat Echoes of Vietnam Defeat

Just like the Fall of Saigon in April 1975, in which thousands of American personnel were scrambled out the country ahead of the Vietnamese victory, the retreat from Afghanistan this week signals another humiliating defeat for the warmongers in Washington.

Not only a humiliating defeat, but the end of a long and bloody chronicle of futile war. Thirteen years ago, the Americans invaded Afghanistan allegedly to topple a fundamentalist Taliban regime and eradicate an international source of terrorism led by Saudi al-Qaeda chief Osama bin Laden.