Thursday, 11 August 2011

UK: Things Fall Apart

By William Bowles

Demonized and/or sentimentalized by the state/corporate media, exactly as in Victorian times, an entire section of the working class have been reduced to some inferior, sub-human species by the political class and its media partners-in-crime. Continue


London riots: the underclass lashes out: London's rioters are the products of a crumbling nation, and an indifferent political class that has turned its back on them.

Dylan Ratigan: Obama Needs To Tell U.S. Your Congress Is Bought!: Video - Dylan Ratigan with his panel Karen Finney, Susan Del Percio & Jimmy Williams.

US turns other cheek at China debt lashing: The United States is pointedly turning the other cheek despite an explosion of criticism of its debt debacle in China's official media, including a charge its economy is no more than a Ponzi scheme.

Jeremy Grantham: The US Is A Banana Republic: When a top investor like Grantham sees the US like this, is it any surprise the market has crashed?

China Lectures Washington on S&P Downgrade

By John Chan

“The US government has to come to terms with the painful fact that the good old days when it could just borrow its way out of messes of its own making are finally gone.” Continue


The S&P Debt Downgrade: What It Means

By Paul Craig Roberts

Will Americans be so afraid of terrorists that they will give up their entitlements? Will false flag terrorist events be perpetrated in order to elevate this fear? Continue


The Poor Have Become Invisible

By Tavis Smiley & Cornel West

Debt Ceiling Agreement Was A Declaration Of War On The Poor!" Continue

Treasurys, Gold Jump; Euro, Dollar, Stocks Tumble After Fed Announcement : Stocks and the euro traded erratically before capitulating and falling on news the Federal Open Market Committee's meeting has taken a decidedly negative view on the U.S. economy.

Who 'made $10bn on 10/1 bet that U.S. credit rating would be downgraded'?: There were mounting rumours that investor George Soros, 80, famously known as ‘the man who broke the Bank of England’, could be involved.