Paul Craig Roberts: Government Lies on Unemployment — New Book, The Failure of Laissez Faire Capitalism and Economic Dissolution of the West

Phi Beta Iota:  In one sentence: unemployment is 23% (40% among recent college graduates and those well past mid-career); inflation is 9.1%. Staring Armageddon In The Face But Hiding It With Official Lies According to the Bureau of Labor Statistics, the US economy created 236,000 new jobs in February. If you believe that, I have …

John Steiner: Cyber Dirty Tricks Crashed Karl Rove / ORCA?

Karl Rove Loses Election After Being Checkmated By Cyber Sleuths? CL OccupyforAccountability, 15 November 2012 Last month, we offered a million dollar reward for information leading to the arrest and conviction of anyone who rigged a federal election on November 6th.  We urged computer experts to contact us with information about any election manipulation of …

Chuck Spinney: Mike Lofgren on How Democracies Die (Loss of Integrity)

Below is an outstanding essay by my close friend and colleague Mike Lofgren. How Democracies Die By Mike Lofgren, Truthout | Thursday, 25 October 2012 10:19 “Picture a country at the height of its international power and prestige. It has military forces stationed around the globe. It is an intellectual leader….” It’s not the one …

Paul Craig Roberts: Virtual Recovery, Bond Bubble, Inflation at 9%, Collapse Potential of Dollar

The Virtual Recovery October 29, 2012 Since mid-2009 the US has been enjoying a virtual recovery courtesy of a rigged inflation measure that understates inflation. The financial Presstitutes spoon out the government’s propaganda that prices are rising less than 2%. But anyone who purchases food, fuel, medical care or anything else knows that low inflation …

Yoda: India’s Economic Policy Change in Favor of Foreign Retailers and Foreign Ownership of Natural Resources

Any country that can marshal 100 million protesters on a single call, or produce 2,000 suicides among debt-ridden farmers distraught by draught, is by definition a “crowd” economy that will not respond well to any repetition of the Industral-Era mistakes of the USA that rigged the system in favor of the few at the expense …