
Tuesday, 29 November 2011
The US is Hollowing Out (Quickly)
There are two great stories from the news that are worth reading:
- A new bill called the National Defense Authorization act is on its way (promoted by Senator John McCain). This bill will make it legal for the federal government to arrest (both within and outside US borders) and hold indefinitely (without trial) anybody (including US citizens). Essentially, this makes it possible for the US military to take on the role and function of a secret police force.
- How Hank Paulson, while he was the US Treasury Secretary (at a time when he was arguably the most important gov't official in the world), gave his cronies in the global financial industry a continuous stream of inside information on what the government would do to stop 2008 financial crisis (this info helped this inside group hedge themselves and profit while nobody else could).






