Looting Main Street

By Matt Taibbi – Rolling Stone How the nation’s biggest banks are ripping off American cities with the same predatory deals that brought down Greece If you want to know what life in the Third World is like, just ask Lisa Pack, an administrative assistant who works in the roads and transportation department in Jefferson […]

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The Persistent Myth of Srebrenica

One of the most stubborn factoids of our time is the myth that the massacre at Srebrenica in 1995 during the Bosnian civil war was solely about the killing of innocent Muslims by vicious racist genocidal Serbs. It is a relic of the coordinated media message put out at the time, which demonized the Serbs […]

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Nearly 50 percent leave Obama mortgage-aid program

WASHINGTON (AP) – Nearly half of the 1.3 million homeowners who enrolled in the Obama administration’s flagship mortgage-relief program have fallen out. The program is intended to help those at risk of foreclosure by lowering their monthly mortgage payments. Friday’s report from the Treasury Department suggests the $75 billion government effort is failing to slow […]

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Now We’re Headed For The GREATEST Depression

Peter Schiff– This week, national attention was fixated on JetBlue flight attendant Steven Slater, whose bold, creative, and controversial exit strategy could revitalize his future prospects. Not nearly as noticed was the Federal Reserve’s decision on Tuesday to avoid finding an exit strategy for its own never-ending career trap. Unfortunately, the Fed’s choices affect our […]

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Greece Enters Death Spiral

Tensions Rise in Greece as Austerity Measures Backfire The austerity measures that were supposed to fix Greece’s problems are dragging down the country’s economy. Stores are closing, tax revenues are falling and unemployment has hit an unbelievable 70 percent in some places. Frustrated workers are threatening to strike back. This dire prognosis comes even despite […]

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