Saturday, 7 May 2011


Bernanke's Bubblenomics

Who Wins and Who Loses

By Mike Whitney

It might surprise you to know that the Fed has become so skilled at bubble-making, that the condition of the underlying economy doesn't really matter any more. Continue

EU approves $124 million in aid to PA after Israel blocks transfer of Palestinian funds: The European Union agrees to provide extra money to cover the salaries of essential workers and support families in need.

Iran's supreme leader tells Ahmadinejad: accept minister or quit: Ayatollah Ali Khamenei's ultimatum widens rift between leaders and increases pressure on president.

Florida mosque bombing: wanted man shot dead by FBI: Agents say Sandlin Matthews Smith shot in Oklahoma after he waved a weapon at them as they tried to serve arrest warrant



By Soraya Sepahpour-Ulrich


Why would the U.S. put an expiration stamp on the Osama card when it had served the empire so well? Continue


Bread and Circuses


By JAMES DAO and DALIA SUSSMAN


The glow of national pride seemed to rise above partisan politics, as support for the president rose significantly among both Republicans and independents. In all, 57 percent said they now approved of the president’s job performance. Continue



By Paul Craig Roberts


In Washington-think, a 24% rise in approval rating justifies a staged event. Continue