The truth at any cost lowers all other costs — curated by former US spy Robert David Steele.
Phi Beta Iota: 10 more years of pain. – – – – – – – While the political elite obsesses over the rise in public debt, the US is on the cusp of an era of deleveraging — or more bluntly, a massive liquidation of private debt — the ramifications of which, in the best …
Continue reading “The Age of De-Leveraging is Just Beginning”
Patrick McConnell: Government of Deceit–A sobering analysis… • The “entitlement programs” have an unfunded liability of greater than $104 trillion. Your share is $367,000. (Every man, woman and child owes the same.) • At the end of 2009, $3.2 trillion of the $12.9 trillion National Debt was spent, but never on the government’s general budget. …
Continue reading “Economic Double-Dip Predicted–and Concealed”
Who Screwed the Middle Class? — By Kevin Drum | Fri Mar. 25, 2011 3:00 AM PDT EXTRACT: A lot has happened over the past 30 years, but if you’re looking for a single political sea change that’s had the biggest impact on middle class wages—more important than union decline, more important than NAFTA, more …
Continue reading “Mother Jones: Who Screwed the Middle Class?”
Bahrain, Libya, and related reactions. Phi Beta Iota: The ineptitude of the Western governments will go down in history. What started as a public uprising against dictators, with Muslim and Christian, Sunni and Shi’ite standing shoulder to shoulder, has now been flipped to military interim governments and a surge of Iranian proxies against Sunni allies …
Phi Beta Iota: With a tip of the hat to Rolling Stone and author Matt Taibbi, reproducing the entire article was the only way to show the emphasis added by Brother Chuck. Updated to add photo and observe that this particular article is rocketing around the Internet. See also our review of GRIFTOPIA. UPDATE: Three …
Continue reading “Why Isn’t Wall Street in Jail? + US Fraud RECAP”
Curveball: How US was duped by Iraqi fantasist looking to topple Saddam Rafid Ahmed Alwan al-Janabi let imagination run wild and became main source for Colin Powell’s case for war in 2003 Defector admits to WMD lies that triggered Iraq war Admissions vindicate CIA’s former Europe chief Read full article… Phi Beta Iota: The story …
Continue reading “CURVEBALL: The Interview + Integrity RECAP”
The Top Ten Foreign Holders of U.s. Debt in November 2009: Country Amount China, Mainland $789.6 billion Japan …
