Monday, 20 December 2010


By Mike Whitney

Realizing that its plan to intimidate North Korea has backfired and brought the peninsula to the brink of war, the Obama administration is looking for ways to back down and ease tensions. Continue



By Paul Craig Roberts

No one in the Reagan administration realized that the demise of the Soviet Empire would result in an American Empire whose annual trillion dollar military budgets would be financed by cutting Social Security, Medicare, and income support programs for the poor. Continue


10 days in Sweden:

By Nick Davies

Unseen police documents provide the first complete account of the allegations against the WikiLeaks founder. Continue



By Tracy McVeigh and Mark Townsend

Bitter divisions open up between supporters and critics of WikiLeaks leader in wake of fresh claims by Swedish women. Continue


Latest Battle in Decades-Long Assault on the Middle Class

By Arun Gupta

While the safety net is being withered by attrition, record corporate profits are deemed off-limits for discussion about closing the budget gap. Continue

Bank of America says it won't process payments intended for WikiLeaks: Speculation erupted last month that Charlotte-based Bank of America could be WikiLeaks' next target. Assange told Forbes magazine that he planned to release information on a major bank early next year

Two States Sue Bank of America Over Mortgages: The attorneys general of Arizona and Nevada on Friday filed a lawsuit against Bank of America, accusing it of engaging in “widespread fraud” by misleading customers with “false promises” about their eligibility for modifications on their home mortgages.

Payrolls Drop in 28 U.S. States, Joblessness Rises in 21 in Labor Setback: After Nevada, the jobless rate was highest in California and Michigan at 12.4 percent

Regulators close banks in Ga., Fla., Ark., Minn.: Regulators on Friday shuttered three small banks in Georgia and one each in Florida, Arkansas and Minnesota, raising to 157 the number of U.S. banks brought down this year by the struggling economy and soured loans.