Thursday, 29 July 2010

Wall Street Gets Trillions While Workers Get Bupkis 

By Mike Whitney

The bottom line? When Wall Street is hurting, money's never a problem.  But when the states are on the brink of default and 14 million workers are scrimping to feed their families, there's not a dime to spare. Explain that to your kids.
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France Kills 6 People in North Africa: The attack was the country's first strike against an "al-Qaeda" base, and six "fighters" were reportedly killed.

U.S. Rescue May Reach $23.7 Trillion, Barofsky Says: - U.S. taxpayers may be on the hook for as much as $23.7 trillion to bolster the economy and bail out financial companies, said Neil Barofsky, special inspector general for the Treasury’s Troubled Asset Relief Program.

Goldman reveals where bailout cash went: Goldman Sachs sent $4.3 billion in federal tax money to 32 entities, including many overseas banks, hedge funds and pensions, according to information made public Friday night.


Down To The Last Trillion in Red Ink
US Treasury Running on Fumes

By Paul Craig Roberts

The White House is screaming like a stuck pig. WikiLeaks’ release of the Afghan War Documents “puts the lives of our soldiers and our coalition partners at risk.” What nonsense. Continue


The Year America Dissolved

By Paul Craig Roberts

Clans were governing America. The first clans organized around local police forces. The conservatives’ war on crime during the late 20th century and the Bush/Obama war on terror during the first decade of the 21st century had resulted in the police becoming militarized and unaccountable.Continue


Oliver Stone apologizes for saying Jews control the media: 

Stone had told British publication The Sunday Times that U.S. public opinion was focused on the Holocaust as a result of the "Jewish domination of the media." The remarks sparked a massive backlash, with a large number of Jewish organizations and Israeli officials publicly condemning the director's comments.