United States

The Chart That Explains Everything

Why is the economy barely growing after seven years of zero rates and easy money? Why are wages and incomes sagging when stock and bond prices have gone through the roof? Why are stocks experiencing such extreme volatility when the Fed increased rates by a mere quarter of a percent?

How Debt Conquered America

Soon after Columbus launched his business enterprise on the pristine beaches of the New World, each native discovered there above the age of puberty was required to remit a “hawk’s bell’s worth” of gold dust to the Spaniards every two weeks. The hands of all those failing to do so were cut off and strung about their necks – so that they bled to death, thus motivating the compliance of others.

The Great Forgetting

America’s refusal to fund and sustain its intellectual and cultural heritage means it has lost touch with its past, obliterated its understanding of the present, crushed its capacity to transform itself through self-reflection and self-criticism, and descended into a deadening provincialism. Ignorance and illiteracy come with a cost. The obsequious worship of technology, hedonism and power comes with a cost. The primacy of emotion and spectacle over wisdom and rational thought comes with a cost. And we are paying the bill.

Fear And Loathing in the House of Saud

Riyadh, which is clueless on how to play geopolitical chess — or backgammon — will keep insisting on the oil war, as it cannot even contemplate a military confrontation with Tehran. And everything will be on hold, waiting for the next tenant of 1600 Pennsylvania Avenue; will he/she be tempted to pivot back to Southwest Asia, and cling to the old order (not likely, as Washington relies on becoming independent from Saudi oil)? Or will the House of Saud be left to its own — puny — devices among the shark-infested waters of hardcore geopolitics?

Does North Korea Need Nukes to Deter US Aggression?

Here’s your U.S. foreign policy quiz for the day:

Question 1– How many governments has the United States overthrown or tried to overthrow since the Second World War?

Answer: 57 (See William Blum.)

Question 2– How many of those governments had nuclear weapons?

Answer— 0

Does that mean North Korea needs nuclear weapons to deter US aggression?

The Quilliam Foundation is financed by Tea-Party conservatives investigated by Sam Harris

And Ghaffar Hussain, a London Borough PREVENT manager, is listed as a co-leader for their million dollar project. The Quilliam Foundation, a counter-extremism think-tank in London that has influenced British government national security strategies, has received over a million dollars in funding from an American conservative philanthropic organisation, with close ties to the Tea Party and extreme right-wing Christian networks. […]

New Hillary Emails Reveal Propaganda, Executions, Coveting Libyan Oil and Gold

Historians of the 2011 NATO war in Libya will be sure to notice a few of the truly explosive confirmations contained in the new emails: admissions of rebel war crimes, special ops trainers inside Libya from nearly the start of protests, Al Qaeda embedded in the U.S. backed opposition, Western nations jockeying for access to Libyan oil, the nefarious origins of the absurd Viagra mass rape claim, and concern over Gaddafi’s gold and silver reserves threatening European currency.

Don’t Rely on Amnesty to Judge Amnesty Law in Venezuela

NGOs like Amnesty end up providing a kind of “idea laundering” for the U.S. government and its allies. Many years ago, that’s how Canadian writer Linda McQuaig described the function of corporate funded think tanks in debates about domestic policy. Not everybody will be happy to believe what the U.S. government or corporate journalists say. It’s useful to have “independent”, and preferably liberal, organizations like Amnesty promote the required assumptions and deceit.