Sunday, 16 August 2009

U.S. Dollar Down 12.5 Percent and S&P 500 Up 50 Percent since March. : Americans have missed one serious correction since the manic stock market took off in March. Since that time the value of the U.S. dollar, the bedrock of our economic system has fallen a stunning 12.5 percent.

Toxic Loans Topping 5% May Push 150 Banks to Point of No Return: More than 150 publicly traded U.S. lenders own nonperforming loans that equal 5 percent or more of their holdings, a level that former regulators say can wipe out a bank’s equity and threaten its survival.


Internal Memo Confirms Big Giveaways In White House Deal With Big Pharma

By Ryan Grim

The memo, which according to a knowledgeable health care lobbyist was prepared by a person directly involved in the negotiations, lists exactly what the White House gave up, and what it got in return. Continue


Pay-or-Die
Ralph Nader on Secret White House Agreements with the Drug Industry

By Democracy Now!

What we’ll end up with is another patchwork piece of legislation, allowing huge and expanded profits for the health insurance companies and the drug companies, and continuing this pay-or-die system that has plagued this country for decades, a system that takes 20,000 lives a year, according to the Institute of Medicine of the National Academy of Sciences. That’s about fifty to sixty people who die every day. Continue


If US health Care's So Good,
Why Do Other People Live Longer?


By Carrie Peyton Dahlberg

People live longer in just about every industrialized nation, from Canada to our north, throughout much of Europe, and around the Pacific in Japan, Australia and New Zealand. Continue


Six Lobbyists Per Lawmaker Work on Health Overhaul

By Jonathan D. Salant and Lizzie O’Leary

If there is any doubt that President Barack Obama’s plan to overhaul U.S. health care is the hottest topic in Congress, just ask the 3,300 lobbyists who have lined up to work on the issue. That’s six lobbyists for each of the 535 members of the House and Senate, according to Senate records, and three times the number of people registered to lobby on defense. Continue


Government Website Takes Over Your Computer Forever

By Glenn Beck - Video

FOX's Glenn Beck: If You Go To Cars.gov - The Federal Government Takes Over Your Computer Forever Continue


California Man Tasered While Sitting on His Porch

1 Minute Video

Black man tazed on his front porch, showing no signs of aggression. The cops just walk up and taze him. Continue


What Happened to Our Dream of Freedom 

"F*ck You Buddy"

Must Watch Video Documentary By Adam Curtis (BBC)

Curtis is best known for his 2004 series The Power of Nightmares: This detailed how neocons in the US talked up the threat of radical Islamism to justify their "war on terror". The Trap is even more ambitious in scope. Like The Power Of Nightmares, it uses archive footage and interviews to explore the history and political impact of an idea – in this case the model of "individual freedom" that underlies neoliberal economics. Continue


The Doomsday Code

Video Documentary

Tony Robinson investigates the people with powerful political friends in the White House, who are trying to bring about the end of the world. Click to view