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Troubled Eurozone Finance Capital
by Stephen Lendman
For years, Progressive Radio News Hour contributor Bob Chapman warned about troubled Eurozone financial institutions and possible sovereign defaults.
Greece died months ago. Default is certain. Only its obituary hasn't appeared. Germany prepared contingency plans to reissue the Deutschemark if Eurozone stability crumbles.
Six possible sovereign defaults loom if contagion spreads out of control. "Considering the condition of other European banks, and the possibility that three major French banks may be purchased by China, we could see disruption in the global banking system," warns Chapman.
We Danced Waiting for the Police Who Never Came
By Kevin Zeese
Last night, our permit officially ran out in Freedom Plaza. Early in the evening the police reminded us our permit ended at 10PM and they ‘had to do their job.’ We held an emergency meeting of many of the organizers and decided to stay. We took it to the General Assembly (see 1:49:22 of video) which agreed. We were in solidarity – Freedom Park was paid for by our tax dollars; the Constitution says “Congress shall make no law abridging” our right to freedom of speech and right to assemble to redress grievances against the government. We had grievances, so we were staying.
Dominant Finance Capital Institutions
by Stephen Lendman
Most people know about the Federal Reserve, European Central Bank, Bank of England, and Bank of Japan.
Few ever heard of the Bank for International Settlements (BIS), the central bank for central bankers. Based in Basle, Switzerland, it's a banking boss of bosses accountable to no government.
Privately owned by its member central banks, dominant ones and financial elitists have most influence to eventually implement global control under one currency.
Day in the Life of Joe Middle-Class Republican
by John Gray
Joe gets up at 6:00am to prepare his morning coffee. He fills his pot full of good clean drinking water because some liberal fought for minimum water quality standards. He takes his daily medication with his first swallow of coffee. His medications are safe to take because some liberal fought to insure their safety and work as advertised.
All but $10.00 of his medications are paid for by his employers medical plan because some liberal union workers fought their employers for paid medical insurance, now Joe gets it too. He prepares his morning breakfast, bacon and eggs this day. Joe’s bacon is safe to eat because some liberal fought for laws to regulate the meat packing industry.
'US MUST STOP FUNDING ISRAELI CRIMES'
An exclusive interview with Dr. Franklin Lamb, international lawyer from Beirut.
A prominent political lawyer says that the US cannot continue to supply arms or economic aid to Israel which yet again is under international pressure for its atrocities against humanity. In an exclusive interview with Press TV, Franklin Lamb tells us more about the future of the US-Israeli relationship.
Press TV: As violent as that video we just aired was, it really shouldn't come as a surprise because, well, this type of behavior by Israeli forces is pretty much done on a weekly basis in the occupied territories. But you tell us what you think based on the video that has been released by human rights activists.
Israel is destroying America, period
By Khalid Amayreh in occupied Jerusalem
There is no doubt that one of the main reasons for America's phenomenal economic and financial problems, which affect America's overall global standing, has to do with the so-called Israeli factor.
I know it is politically incorrect to say so, especially in an electioneering atmosphere.
None the less, knowing and telling the truth shall set us all free.
Obama's Depression
by Stephen Lendman
Chosen to serve power, not popular interests, Obama wrecked America's economy to save giant Wall Street banks. He's still doing it, despite claiming he's been out in front doing all he can.
By bailing out too-big-to-fail banks and waging multiple imperial wars, he intensified social misery.
As a result, Main Street is mired in protracted Depression. Economist David Rosenberg believes we're in the "third inning" of hard times malaise.
Israeli-Style Peace and Justice
by Stephen Lendman
Israel is a repressive rogue state. Netanyahu bombs Gaza and attacks fishermen while talking peace.
On October 10, without provocation, Israeli jets bombed northern Gaza. An explosion rocked Rafah city. So far, no cause is known but Israel most likely is responsible.
Israeli bulldozers demolished a Palestinian home near Bethlehem after military forces invaded Jab'a village. Palestinians were prevented from entering or leaving.
An Iranian rival for the Guinness Book of World Records
By Kourosh Ziabari
Mirseradji
The Guinness Book of World Records is being challenged with the efforts of a determined Iranian journalist. A new rival is slated to take the place of Guinness World Records in the near future. Sayyed Mortaza Mirseradji, Iranian researcher, journalist and essayist has registered a plan in the Islamic Republic of Iran Ministry of Culture and Islamic Guidance to publish a book containing cultural, spiritual and moral records called "Al-Khayrat."
According to Mirseradji, Al-Khayrat which means "good and decent deeds" in Arabic will be an all-encompassing enterprise including encyclopedic books, movies and cultural organizations which are aimed at spreading cultural and moral records in the world. Some examples of cultural and moral records include the highest number of books written by an author, the longest duration of professorship in the university, the oldest library servant etc.
The Order of the Day Is Not To "Try," But To Succeed
by Lyndon LaRouche
The failure to launch the measures needed to push President Barak Obama into expulsion from office brings the trans-Atlantic financial system ever-nearer to a total breakdown of the present system. Although emergency action to push through Glass-Steagall should be sufficient to bring the U.S. financial-breakdown crisis under at least temporary control, there is still doubt that the mounting pressure for Glass-Steagall legislation will arrive in time to prevent a total disaster throughout not only the U.S.A. itself, but the virtual entirety of the Trans-Atlantic economies. Were that breakdown allowed to occur, it would be nearly impossible to launch any meaningful sort of attempted economic recovery in North America or western Europe. The breakdown through the trans-Atlantic nations would be far worse in magnitude and related effects than Germany's 1923 hyperinflation.
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