Author: jimmy

Excess Reserves at the Federal Reserve

Banks’ excess reserves at FED is one of the biggest scam by the FED and there is a conspiracy of silence as to its actual implications. Economists and financial analysts spewing nonsense to mislead and divert attention to non-issues so that the public is kept in the dark.

The issue of banks’ reserves at the FED and other central banks in the world is a complex subject with much technical jargons that confuses a lot of people. Besides, don’t be surprised that your bank branch manager on Main Street as well as lecturers in finance and economics are also ignorant on this issue. In the case of the latter, this subject is hardly taught in universities. And this is the reason why the scam has not been exposed till today.

Snowden Der Spiegel Interview

Shortly before he became a household name around the world as a whistleblower, Edward Snowden answered a comprehensive list of questions. They originated from Jacob Appelbaum, 30, a developer of encryption and security software. Appelbaum provides training to international human rights groups and journalists on how to use the Internet anonymously.

Assange slams paper for breaking agreement

Following revelations that The New York Times liaised with the White House before publishing information supplied to it by WikiLeaks, the website’s editor-in-chief, Julian Assange, has revealed the British Guardian edited out “all sorts” of information before publishing US diplomatic cables.

America’s Plan B in Egypt: Bring Back the Old Regime

The road that has been taken in Egypt is a dangerous one. A military coup has taken place in Egypt while millions of Egyptians have cheered it on with little thought about what is replacing the Muslim Brotherhood and the ramifications it will have for their society. Many people in cheering crowds have treated the Egyptian military’s coup like it was some sort of democratic act. They fail to remember who the generals of the Egyptian military work for. Those who are ideologically opposed to the Muslim Brotherhood have also cheered the military takeover without realizing that the military takeover ultimately serves imperialist behaviour. The cheering crowds have not considered the negative precedent that has been set.

Egypt was never cleansed of corrupt figures by the Muslim Brotherhood, which instead joined them. Key figures in Egypt, like Al-Azhar’s Grand Mufti Ahmed Al-Tayeb (who was appointed by Mubarak), criticized the Muslim Brotherhood when Mubarak was in power, then denounced Mubarak and supported the Muslim Brotherhood when it gained power, and then denounced the Muslim Brotherhood when the military removed it from power. The disgraced Muslim Brotherhood has actually been replaced by a far worse assembly. These figures, whatever they call themselves, have only served power and never democracy. The military’s replacements for the Muslim Brotherhood—be it the new interim president or the leaders of the military junta—were either working with or serving the Muslim Brotherhood and, even before them, Hosni Mubarak’s regime.

World-renowned Intellectuals Convene in İstanbul to Discuss the Future of the Global Financial System

The Statistical, Economic and Social Research and Training Centre for Islamic Countries (SESRIC), a subsidiary organ of the Organisation of Islamic Cooperation (OIC), in collaboration with the Participation Banks Association of Turkey (TKBB), Borsa İstanbul, Islamic Development Bank Group (IDB), and the Association of Independent Industrialist and Businessmen of Turkey (MÜSİAD), organizes the “International Forum on Financial Systems (IFFS)”, which will be held for two days from 11 to 12 September 2013 at WOW Convention Center in İstanbul, Turkey.

Hey, MSM: All Journalism is Advocacy Journalism

by Matt Taibbi (Rolling Stone) So New York Times Dealbook writer Andrew Ross Sorkin has apologized to journalist Glenn Greenwald for saying he’d “almost arrest” him, for his supposed aid and comfort of NSA whistleblower Edward Snowden. “I veered into hyperbole,” was Sorkin’s explanation. I got into trouble the other day on Twitter for asking if David Gregory may have […]

Statement from Edward Snowden in Moscow

For decades the United States of America have been one of the strongest defenders of the human right to seek asylum. Sadly, this right, laid out and voted for by the U.S. in Article 14 of the Universal Declaration of Human Rights, is now being rejected by the current government of my country. The Obama administration has now adopted the strategy of using citizenship as a weapon. Although I am convicted of nothing, it has unilaterally revoked my passport, leaving me a stateless person. Without any judicial order, the administration now seeks to stop me exercising a basic right. A right that belongs to everybody. The right to seek asylum.

Glenn Greenwald Speaks Out

Glenn Greenwald speaks via Skype to the Socialism 2013 conference in Chicago regarding Edward Snowden’s revelations about the NSA’s mass surveillance program. Introductions by Jeremy Scahill, author of Blackwater and the filmmaker behind Dirty Wars, and Sherry Wolf, author of Sexuality and Socialism.