Alternative News Media

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Thursday July 02, 2015
News Articles

Scientists Detect Mysterious Warming in U.S. Coastal Waters
TruthDig | Tim Radford | 06/28/15

Oceanographers are puzzled by an accelerated burst of warming sea that threatens the fisheries of the American Atlantic coast.

Meanwhile, off the US West coast, scientists report that they have been baffled by a mysterious "blob" of water up to 4°C warmer than the surrounding Pacific, linked to weird weather across the entire country.

Jacob Forsyth and research colleagues from the Woods Hole Oceanographic Institution (WHOI) in Massachusetts report in the Journal of Geophysical Research: Oceans that the ocean off the US north-east continental shelf has been warming at unprecedented levels for 13 years. ... Read more or Here
*GWR | Last Hours, Episode02 (09/19/14) [11:18]

Hippos are extremely dangerous to humans, and actually kill more humans every year than any other animal in Africa. The hippo's closest relative is the whale.

Americans Not In The Labor Force Soar By 640,000 To Record 93.6 Million; Participation Rate Drops To 1977 Levels
ZeroHedge | author | 07/02/15

In what was an "unambiguously" unpleasant June jobs payrolls report, with both April and May jobs revised lower, the fact that the number of Americans not in the labor force soared once again, this time by a whopping 640,000 or the most since April 2014 to a record 93.6 million, with the result being a participation rate of 62.6 or where itt was in September 1977, will merely catalyze even more upside to the so called "market" which continues to reflect nothing but central bank liquidity, and thus - the accelerating deterioration of the broader economy. ... Read more
Click picture to zoom in

Since 2007 The US Has Lost 1.4 Million Manufacturers, Gained 1.4 Million Waiters And Bartenders.

IMF Bolsters Greek "No" Vote, Says Country Needs Debt Haircut
magazine | author | date

If the IMF were a Greek citizen, it would vote "No" in this weekend's referendum. According to a report prepared prior to capital controls and the banking sector meltdown, any deal that included creditor concessions on fiscal reforms would mean Greece's debt load would have to be written down.

This underscores the IMF's long-standing position that EU creditors will ultimately need to write down their holdings if Greece has any hope of returning to a situation where the country's debt-to-GDP ratio is "sustainable," and suggests that Syriza is indeed making a smart move by holding out. ... Read more
CBS | Pain In The Streets In Greece As Financial Crisis Unfolds (07/01/15) [2:32]

BB | How Much Worse Can It Get for Greece? (07/30/15) [4:08]

XKEYSCORE: NSA'S Google For The World's Private Communications | Glenn Greenwald | 07/01/15

One of the National Security Agency's most powerful tools of mass surveillance makes tracking someone's Internet usage as easy as entering an email address, and provides no built-in technology to prevent abuse. Today, The Intercept is publishing 48 top-secret and other classified documents about XKEYSCORE dated up to 2013, which shed new light on the breadth, depth and functionality of this critical spy system -- one of the largest releases yet of documents provided by NSA whistleblower Edward Snowden.

The NSA's XKEYSCORE program, first revealed by The Guardian, sweeps up countless people's Internet searches, emails, documents, usernames and passwords, and other private communications. XKEYSCORE is fed a constant flow of Internet traffic from fiber optic cables ... Read more

Democracy Now! U.S. and World News Headlines for Thursday, July 02 [12:10]
*DN | "A New Chapter": After Half a Century, U.S. and Cuba Unveil Reopening of Embassies & Restored Ties (07/02/15) [20:36]
DN | As Black Churches Burn Across the South, Are White Supremacist Attacks Continuing After Charleston? (07/02/15) [11:13]
*The Financial Industry
I listed the following Financial videos, because I think they illustrate what is happening to the global economy. 1) First, there was financialization of the economy where new complex financial instruments were created, 2) then there was de-regulation of the financial markets, 3) next, new brokerage rules were implemented based on "The Anatomy of Greed", 4) then there was corrupting of the banking, accounting and rating agencies, 5) next, humans were removed from the equation, now over 60% of the stock market trades are High Frequency Trades done by algorithms/computers, 5) ... .

I especially like:
  1. Quants: The Alchemists of Wall Street
  2. The Crooked E - The Unshredded Truth About Enron
  3. Enron: The Smartest Guys in the Room
  4. CBC | MELTDOWN - Global Financial Meltdown
Quants: The Alchemists of Wall Street (03/04/10) [47:49]
Quants are the math wizards and computer programmers in the engine room of our global financial system who designed the financial products that almost crashed Wall st. The credit crunch has shown how the global financial system has become increasingly dependent on mathematical models trying to quantify human (economic) behaviour. Now the quants are at the heart of yet another technological revolution in finance: trading at the speed of light.

What are the risks of treating the economy and its markets as a complex machine? Will we be able to keep control of this model-based financial system, or have we created a monster?

A story about greed, fear and randomness from the insides of Wall Street.
Money & Speed: Inside the Black Box (2012) [48:23]
Money & Speed: Inside the Black Box is a thriller based on actual events that takes you to the heart of our automated world. Based on interviews with those directly involved and data visualizations up to the millisecond, it reconstructs the flash crash of May 6th 2010: the fastest and deepest U.S. stock market plunge ever.
The Wall Street Code (11/04/13) [50:29]
A thriller about a genius algorithm builder who dared to stand up against Wall Street. Haim Bodek, aka The Algo Arms Dealer.

From the makers of the much-praised Quants: the Alchemists of Wall Street and Money & Speed: Inside the Black Box. Now the long-awaited final episode of a trilogy in search of the winners and losers of the tech revolution on Wall Street. Could mankind lose control of this increasingly complex system?
The Crooked E - The Unshredded Truth About Enron (2003) [1:21:17]
The Crooked E: The Unshredded Truth About Enron is an American television movie aired by CBS in January 2003, which was based on the book Anatomy of Greed by Brian Cruver. The film, which stars Brian Dennehy, Christian Kane and Mike Farrell, and was directed by Penelope Spheeris, was a ratings hit for the network.
Enron: The Smartest Guys in the Room, Part 1 () [50:54], Part 2 [50:54]
PBS Frontline | Bigger than Enron (2002) [55:48]
The Trillion Dollar Bet - a documentary about the demise of Long Term Capital Management (2000) [48:53]
CBC | MELTDOWN - Global Financial Meltdown (all 4 episodes) () [2:49:15]
*TRNN | Robert Scheer: Plundering Our Freedom with Abandon, Part 9 (07/02/15) [26:18]

TRNN | Economist James Henry breakdowns the hedge funds, bond holders, and wealthy individuals who have benefited from Puerto Rico's triple tax exempt status (07/02/15) [7:12]
TRNN | Survivor Sgt. Bryce Lockwood: Survivor of Israeli Attack on USS Liberty: It Could Not Have Been a Mistake (07/02/15) [28:44]
TYT | Greek Economy On Life Support As Debt Crisis Boils Over (07/01/15) [10:24]
TYT | Homeless Black People Bullied By O'Reilly & His Minion (07/01/15) [10:28]
*RT | CrossTalk: Cold War Redux (with Chris Hedges) (07/01/15) [23:59]
RT | Keiser Report: Greece! Start Fresh (E777) (06/30/15) [25:59]
In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the idea of "nothing to fear but fear itself" as Greece puts an end to sovereign asset forfeiture as capital controls and bank holidays are declared after its government called a referendum. In the second half, Max interviews American defense attorney Craig Brand about civil asset forfeiture.
Thom Hartmann -

Wednesday July 01, 2015
News Articles

Bernie Sanders' Campaign Gets A Big Boost
HP | Dave Jamieson | 07/01/15

The longtime leader of one of the country's most powerful labor unions is joining the Democratic presidential campaign of Sen. Bernie Sanders (I-Vt.), and he says presumed frontrunner Hillary Clinton made it an easy call. Larry Cohen, outgoing president of the Communications Workers of America, told The Huffington Post he will serve as an unpaid volunteer stumping for Sanders as the Vermont senator seeks the Democratic nomination. One of the main factors in his decision, Cohen said, was ... Read more

GREECE | Tsipras Offers Conditional Okay To Greece Bailout; Creditors Skeptical
Reuters & HP | author | 07/01/15

BRUSSELS, July 1 (Reuters) - Greek Prime Minister Alexis Tsipras has written to international creditors saying Greece could accept a bailout offer published on June 28 if several conditions were changed, but Germany said the letter had come too late and did not go far enough.

In exchange, Athens wants a 29 billion euro loan to cover all its debt service payments due in the next two years. In the letter, seen by Reuters, Tsipras asked to keep a discount on value added tax for Greek islands, stretch out defense spending cuts and delay the phasing out of an income supplement to poorer pensioners. ... Read more

IMF: austerity measures would still leave Greece with unsustainable debt
TheGuardian | Alberto Nardelli | 06/30/15

Greece would face an unsustainable level of debt by 2030 even if it signs up to the full package of tax and spending reforms demanded of it, according to unpublished documents compiled by its three main creditors.

The documents, drawn up by the so-called troika of lenders, support Greece's argument that it needs substantial debt relief for a lasting economic recovery. They show that, even after 15 years of sustained strong growth, the country would face a level of debt that the International Monetary Fund deems unsustainable. ... Read more

41% of Americans Believe Humans Lived with Dinosaurs

Terminator Genisys review: Arnie's back, but the lustre isn't
TheGuardian | Henry Barnes | 06/30/15

He is, inevitably, back. Again. The Terminator franchise stumbles out of the wreckage of the critically savaged sequel Salvation, this time with the participation of the original model, Arnold Schwarzenegger, and the lavish endorsement of series co-creator James Cameron.

Salvation "sucked" and Genisys, we've been told, is a new dawn. In this alternate timeline, the genius of 1984's splendidly cheesy The Terminator and its sleek, superior follow-up Terminator 2: Judgment Day, are the only history that matters. ... Read more
Terminator Genisys Movie (trailer) [2:31]

Terminator Genisys website
When John Connor (Jason Clarke), leader of the human resistance, sends Sgt. Kyle Reese (Jai Courtney) back to 1984 to protect Sarah Connor (Emilia Clarke) and safeguard the future, an unexpected turn of events creates a fractured timeline. Now, Sgt. Reese finds himself in a new and unfamiliar version of the past, where he is faced with unlikely allies, including the Guardian (Arnold Schwarzenegger), dangerous new enemies, and an unexpected new mission: To reset the future...
Terminator Genisys Movie, interview with the creator James Cameron (06/08/15) [2:24]
The Terminator Hot Toys T-800 Endoskeleton 1/4 Scale Collectible Movie Figure Review (current) [10:27]
Hot Toys | The Terminator: Endoskeleton website
Democracy Now! U.S. and World News Headlines for Wednesday, July 01 (full, MP4 format) [50:00]
*DN | Is Puerto Rico America's Greece? U.S. Commonwealth Seeks Bankruptcy Help in Face of Crushing Debt (07/01/15) [13:57]
Climate Change - *
GWR | Carbon, Episode01 (08/20/14) [8:32]
*GWR | Last Hours, Episode02 (09/19/14) [11:18]
The Last Hours of Humanity: Warming the World to Extinction by Thom Hartmann

There's a common thread to every single mass extinction in our planet's history. It's global warming.

From the Permian Mass Extinction 250 million years ago that killed off 95% of all life on Earth to the K/T mass extinction 65 million years ago that killed off the dinosaurs, all were brought about by a sudden warming of the planet. New research shows that once that warming hits a tipping point of 5-6 degrees Celsius, it triggers a cataclysmic melting of sea ice and the release of noxious methane gasses stored deep in the oceans around the world and below the permafrost in the Arctic, which further accelerates the warming of the planet to temperatures unsuitable to life.

This book, The Last Hours of Humanity, goes where far too few researchers have been willing to go, which is addressing global warming not as an economic or political problem, but as a geological problem that threatens the survival of every living thing on the planet, including us humans.
GWR | Green World Rising, Episode03 (10/30/14) [9:47]
GWR | Restoration, Episode04 (04/14/15) [9:40]
Kids Explain Gay Marriage (06/30/15) [3:02]
TRNN | Patrick Cockburn and Baris Kaargaarc discuss: Turkey Planning Next Move After Massacre in Kobani (07/01/15) [8:20]
TYT | Chris Christie Announces He's Going To Save America (06/30/15) [11:11]
TYT | Anti-Gay Orthodox Jews Hire Mexicans To Protest For Them At Gay Pride (06/30/15) [5:21]
Ring of Fire on Free Speech TV (full episode) (06/30/15) [29:00]
Here's what's happening tonight:
  1. Unregulated capitalism is killing our planet, but corporate interests are preventing us from taking action. We'll bring you the details...
  2. Donald Trump is surging in the polls, and we'll explain why the thought of a Trump presidency scares the GOP to death...
  3. And Bernie Sanders is getting some high profile endorsements -- his bid for president is growing stronger by the day.
Thom Hartmann -
ThomHartmann | Greece is Melting America Next? (06/30/15) [8:42]
Interesting arguement/discussion. The trade debt has always been the problem, but it is hard to seperate it out from the overall discussion.
Trade Imbalance (TPP, TTIP, NAFTA, Secret Trade Deals)
*U.S. Trade Deficit: Before and After "Free Trade" (current) [9:00]

Tuesday June 30, 2015
News Articles

The Rise of Violent Right-Wing Extremism, Explained
MotherJones | Jaeah Lee | 06/30/15

The US law enforcement community regards homegrown violent extremists, not radicalized Islamists, as the most severe threat from political violence in the country, according to a new study from the Triangle Center on Terrorism and Homeland Security. Released late last week, the report comes amid renewed focus on the problem ever since a 21-year-old avowed white supremacist carried out a mass shooting at a historic black church in Charleston, South Carolina. There is a growing body of research highlighting the threat from right-wing extremists, but who or what exactly does that term encompass, and how big really is the problem? Mother Jones examined various reports and contacted experts to find out more. Read more

What are "far-right" or "right-wing" extremists?
While there is no uniform definition, these terms loosely encompass individuals or groups associated with white supremacist, antigovernment, sovereign citizen, patriot, militia, or other ideologies that target specific religious, ethnic or other minority groups.

Think Today's Refugee Crisis Is Bad? Climate Change Will Make It a Lot Worse
HP | Elliott Negin | 06/30/15

Last year was the worst year on record for refugees. The number of people fleeing war and persecution jumped to nearly 60 million, the highest figure since the United Nations' refugee agency began keeping records 50 years ago, and that doesn't even include people driven from their homes by poverty, gang violence or natural disasters.

Smugglers are preying on refugees, social services in poor Middle Eastern and African countries have been stretched to the limit, and Europe and Australia are turning back exiles at their borders. António Guterres, U.N. high commissioner for refugees, acknowledged that relief agencies are overwhelmed. "We don't have the capacity and we don't have the resources to support all the victims of conflict around the world to provide them with the very minimal level of protection and assistance," he told reporters at a mid-June press conference. ... Read more

Gross Says Hold Cash, Prepare For "Nightmare Panic Selling"
ZeroHedge | author | 06/30/15

... Some have suggested, for instance, that if corporate bond fund managers were suddenly inundated with a cascade of redemptions, the absence of dealer liquidity in the secondary market could create the conditions for a firesale.

The problem, as we've been keen to point out, is that when fund flows are one-way (i.e. everyone is selling), fund managers must either i) meet redemptions with cash, or ii) trade the underlying securities. Note that the latter option is so undesirable in illiquid markets (indeed, trading large blocks into illiquid markets poses a systemic risk), that some fund managers are now lining up emergency liquidity lines with banks so that they can at least meet an initial wave of selling with cash and avoid, for a time at least, sparring with illiquidity. ... Read more

Don't Blame Austerity: Five "Dastardly" Ways Italy (& Greece) Burned Through Taxpayer Money
ZeroHedge | author | 06/30/15

It took years (after our initial report in 2011) but finally the Greeks realized that the main reason the Troika had been fleecing them all along, is that of the €227 billion in bailout funds disbursed to Greece, the amount that actually reached the Greek population was... 11%. The rest went back to repaying Greek creditors in some form.

So what was really going in Europe over the past 5 years, if the debt load kept creeping higher, and yet little money was actually making its way to the broader population?

The answer is simple: abuse of taxpayer funding, also known as fraud and corruption. And while it may come as a surprise, more European tax money has been lost to fraud in Italy than in any other European country, Greece included (perhaps because most of the free cash was already earmarked for creditor repayment). ... Read more

Democracy Now! U.S. and World News Headlines for Tuesday, June 30 [7:11]
*DN | As Greece Heads for Default, Voters Prepare to Vote in Pivotal Referendum on More Austerity (06/30/15) [13:32]
*DN | Historic Iran Nuclear Deal Hangs in the Balance as Talks Enter Final Round (06/30/15) [7:50]
*TRNN | Robert Scheer: Plundering Our Freedom with Abandon, Part 8 (06/30/15) [27:11]

*TRNN | UMKC's Bill Black and Michael Hudson: US Hedge Funds Get Bailed Out if Greeks Pass Bailout Referendum (06/30/15) [8:22]
TRNN | Technicalities are slowing it down but the bulk of the deal is most likely already complete, say National Iranian American Council's Jamal Abdi and University of Minnesota Economics Professor Cyrus Bina (06/30/15) [9:41]
TYT | Five Black Churches Have Burned To The Ground In One Week (06/29/15) [5:18]
TYT | MSNBC Pathetically Cowers To Bill O'Reilly Over Flag Flap (06/29/15) [8:10]
TYT | Supreme Court EPA Ruling Is A Big Polluted Kiss To Conservatives (06/29/15) [5:22]
TYT | Should Greece Answer The Debt Crisis By Pulling A Trump? (06/29/15) [6:59]
RT | CrossTalk: Minsk 2.0 RIP? (06/29/15) [24:09]
RT | Keiser Report: IMF failed Greece long before bailout (E776) (06/27/15) [25:37]
Thom Hartmann -
ThomHartmann | Reaganism...A Failure From Kansas to Greece (06/30/15) [4:50]
ThomHartmann | Greece vs. Europe...Day of Destiny Approaches (06/30/15) [11:25]

Monday June 29, 2015
News Articles

The Next Few Days Have the Potential to Transform Greece and Europe
NYTimes | Neil Irwin | 06/28/15

It has been easy to ignore the doings in Greece for the last few years, with the perpetual series of summits in Brussels that never seem to resolve anything. But it's time to pay attention. These next few days are shaping up to become a transformational moment in the 60-year project of building a unified Europe. We just don't yet know what sort of transformation it will be.

The immediate headlines that got us to this point are these: After an intractable series of negotiations over a bailout extension with Greece's creditors, the nation's left-wing government left the table Friday and said it would hold a referendum on July 5. Greek leaders think the offer on the table from European governments and the International Monetary Fund is lousy, requiring still more pension cuts and tax increases in a depressed economy ... Read more

It was more or less impossible for Greek banks to open on Monday, once the European Central Bank announced it was turning off emergency lending to them.

Because in the absence of any increase in this so called Emergency Liquidity Assistance, the banks had no way to supply cash to Greek depositors who have been anxiously withdrawing their savings.
Update 21:10
Greek banking sources tell me that the banks have been instructed to close for at least a week and a day.

And during that period of closure the following capital controls will be imposed:

a) a maximum of 60 euros can be withdrawn per bank card per day or per account per day;

b) no cash can be moved abroad at all, except for vital commercial transactions that would have to be pre-approved.

The Hidden Intelligence Breakdowns Behind the Mumbai Attacks | Sebastian Rotella | 04/21/15

This story was co-published with PBS Frontline.

After Edward Snowden, the government said its controversial surveillance programs had stopped a terrorist -- David Coleman Headley. In "American Terrorist," ProPublica and PBS "Frontline" show why the claim is largely untrue.

In a rush to provide success stories, senior officials cited the capture of an American terrorist whose case I knew well. I had spent several years reporting about David Coleman Headley, whose reconnaissance for Pakistani spymasters and terrorist chiefs was crucial to the 2008 terrorist attacks in Mumbai that killed 166 people, including six Americans. Now the intelligence community was claiming the National Security Agency had played a key role in preventing Headley's follow-up plot against a Danish newspaper in 2009. ... Read more

Resistencia: The Fight for the Aguan Valley, Honduras (trailer) (2009) [1:29]
Resistencia: The Fight for the Aguan Valley by Jesse Freeston on the plantation occupation movement that rose up in response to the 2009 coup d'etat in Honduras. (full) (2009) [1:31:38]
A date that marks both the sixth anniversary of the military coup in Honduras and the sixth birthday of the national resistance that is still struggling to overthrow the coup regime.

An unprecedented nationwide resistance movement is born, known simply as La Resistencia. Without question, the most daring arm of the movement is that of the farmers of the Aguan Valley. With the president that promised to help them get their land back overthrown, they decide to take control of their own destiny. In a matter of minutes they seize control over 10,000 acres of palm oil plantations belonging to the country's most powerful landowner. Located on some of the most fertile land in all of Central America, the farmers announce that they have no plans of ever giving the plantations back.

Why You Should Care About Greece's Impending Meltdown... And don't forget Puerto Rico.
MotherJones | Max J. Rosenthal | 06/29/15

... After months of failed negotiations with its creditors, the government of Greece now has 24 hours to pony up a $1.8 billion loan payment to the International Monetary Fund. With the country out of money and the European Union unwilling to soften its stance on Greek debt, finding that much cash is about as likely as it sounds.

If Greece does default on its loans, there are plenty of terrible consequences potentially in store for the country itself: it could be forced to leave the euro, get cut off from international capital markets, and see its already-hurting economy--around a quarter of Greeks are unemployed--shrink even further. But the United States might also suffer. ... Read more

Democracy Now! U.S. and World News Headlines for Monday, June 29 [10:03]
DN | Love Wins: After Decades of Struggle, Marriage Equality Now the Law of the Land (06/29/15) [13:48]
DN | "This Flag Comes Down Today": Bree Newsome Scales SC Capitol Flagpole to Remove a Symbol of Hate (06/29/15) [17:55]
John Oliver
John Oliver on The Charleston Shooting and Russia's Crazyness (06/22/15) [11:29]
Jon Stewart
Jon Stewart | Fox News criticizes politicians on the left for using the church shooting in South Carolina to advance their liberal narrative. (06/27/15) [9:13]
PBS Frontline
PBS Frontline | American Terrorist: In collaboration with ProPublica, the film reveals how secret electronic surveillance missed catching the Mumbai plotters, and how Headley planned another Charlie Hebdo-like assault against a Danish newspaper. (04/21/15) [1:23:15]
PBS Frontline | The Fight for Yemen: President Obama has pointed to Yemen as a model for the U.S.'s counter-terrorism strategy. But now, an anti-American rebel group known as the Houthis has ousted the president and thrown the country into turmoil. As a Saudi-led military campaign bombards Yemen... (04/07/15) [54:34]
TRNN | Robert Scheer: Plundering Our Freedom with Abandon, Part 7 (06/29/15) [23:08]
| All previous Episodes
TRNN | Saqib Bhatti argues: Why Chicago Won't Go Bankrupt - And Detroit Didn't Have To (06/29/15) [9:47]
TYT | Global Wave Of Terror Rips Through Several Countries (06/27/15) [12:43]
TYT | Right Wing Terror Kills Way More Americans Than Jihadis (06/28/15) [7:23]
Thom Hartmann -

Friday June 26, 2015
News Articles

Bernie Sanders Surges In New Hampshire Polls
HP | Marina Fang | 06/25/15

A CNN/WMUR poll released Thursday shows that Sanders is just 8 percentage points behind Clinton. Among Democratic primary voters surveyed, 45 percent said that Sanders "cares the most about people like you," while 24 percent said the same about Clinton. When asked which Democratic candidate "best represents the values of Democrats like yourself," 41 percent said Sanders, and 30 percent said Clinton.

The results are consistent with other recent polling in New Hampshire. Two polls last week had Sanders within 10 points of Clinton's lead, suggesting that Clinton, the presumptive favorite, may be vulnerable in the Granite State. ... Read more
CNN Pool - Click picture to zoom in

Here's how much corporations paid US senators to fast-track the TPP bill
TheGuardian | C Robert Gibson | 05/27/15

The US Senate passed Trade Promotion Authority (TPA) -- the fast-tracking bill -- by a 65-33 margin on 14 May. Last Thursday, the Senate voted 62-38 to bring the debate on TPA to a close.

Those impressive majorities follow months of behind-the-scenes wheeling and dealing by the world's most well-heeled multinational corporations with just a handful of holdouts. Using data from the Federal Election Commission, this chart shows all donations that corporate members of the US Business Coalition for TPP made to US Senate campaigns between January and March 2015, when fast-tracking the TPP was being debated in the Senate: ...

  1. Out of the total $1,148,971 given, an average of $17,676.48 was donated to each of the 65 "yea" votes.
  2. The average Republican member received $19,673.28 from corporate TPP supporters.
  3. The average Democrat received $9,689.23 from those same donors.
Read more

[Greece] Tsipras Rejects Ultimatums, Says "Won't Be Blackmailed"
magazine | author | date

On Friday, the German press reported (and Bloomberg later confirmed) that Greece's creditors had presented PM Alexis Tsipras with a document (essentially an outlining the following available funds that could theoretically be part of either an extension of the country's second bailout or a third program (with the latter having been previously ruled out by the IMF and German lawmakers). The details are as follows: ... Read more

The Single Biggest Driver For Stocks Is Collapsing
ZeroHedge | author | 06/26/15

Earnings are what drive stocks. Investors sometimes forget this during periods of speculative manias such as the one we're experiencing today. But the reality is that there is no rational reason to buy a stock (company) other than to share it its profits via Earnings or Dividends.

Earnings Per Share or EPS leads stock prices as the below chart shows. Note the large divergence that occurred in 2007 at a time when EPS rolled over (EPS is the blue lines). We all know what came after this (2008). Now look at the massive divergence occurring today (the right black square). It makes the 2007 divergence look small by comparison!

Stocks are more stretched than at any point in the last 10 years. At the very least we should see a 10-15% correction if not an outright Crash in the coming months. ... Read more

Click picture to zoom in
Truth is Stranger than Fiction

Kim Kardashian To Deliver Speech About Objectification Of Women

Let us remind ourselves that the individual below -- whose only achievement to date has been having a large posterior and appearing in amateur sex videos -- has a disturbingly large portion of society captivated day after day, year after year.

Democracy Now! U.S. and World News Headlines for Friday, June 26 [6:19]
DN | "The 9/11 of the Black Church": Mourners Flock to SC as Funerals Begin for Emanuel Massacre Victims (06/26/15) [10:57]
60 Minutes
*60 Minutes | Clarissa Ward speaks with Islamic radicals in London about accusations they recruit British citizens for battlefields in Syria and Iraq. (06/14/15) [13:45]
60 Minutes | Lesley Stahl reports on how Duke Energy is handling over 100 million tons of coal ash waste in North Carolina. (06/14/15) [14:15]
Jon Stewart
Jon Stewart | Jon Stewart Has A Blast With GOP Response To Pope's Climate Change Encyclical (06/25/15) [6:09]
*TRNN | Professor Gerardo Ceballos explains: Human Survival in The Sixth Extinction (06/26/15) [8:07]
*TRNN | Robert Scheer: Plundering Our Freedom with Abandon, Part 6 (06/26/15) [19:09]
| All the Episodes
TRNN | Alvatore Babones: Sixteen Proposals for Effective Solutions in '16, Part 4 (06/26/15) [13:52]
TYT | Conservatives Pout About Obamacare Ruling (06/25/15) [11:18]
TYT | Conservative Pundits Say Removal Of Confederate Flag Will Destroy The South (06/25/15) [8:32]
TYT | Kim Kardashian To Deliver Speech About Objectification Of Women (06/25/15) [5:05]
*RT | CrossTalk: Greek pain (06/26/15) [24:06]
RT | Keiser Report: Grexodus, Brexit & Too-Big-To-Fail (E775) (06/25/15) [25:31]
Thom Hartmann -

Thursday June 25, 2015
News Articles

Supreme Court Rejects Obamacare Lawsuit, Preserving Insurance For Millions
HP | Jonathan Cohn | 06/25/15

he latest and possibly the last serious effort to cripple Obamacare through the courts has just failed. On Thursday, for the second time in three years, the Supreme Court rejected a major lawsuit against the Affordable Care Act -- thereby preserving the largest expansion in health coverage since the creation of Medicare and Medicaid half a century ago.

The stakes of the case, King v. Burwell, were enormous. Had the plaintiffs prevailed, millions of people who depend upon the Affordable Care Act for insurance would have lost financial assistance from the federal government. Without that money, most of them would have had to give up coverage altogether. And the loss of so many customers would have forced insurers to raise premiums, seriously disrupting state insurance markets. ... Read more

Merkel "Won't Be Blackmailed By Greece", Demands Deal Before Market Open On Monday.
Grexident Looming: Eurogroup Meeting Ends Prematurely With No Deal.

CEO pay at US's largest companies up 54% since recovery began in 2009
TheGuardian | Suzanne McGee | 06/25/15

According to the latest annual survey by the Economic Policy Institute, a progressive think tank, CEOs at the 350 largest companies in the country pocketed an average of $16.3m in compensation each last year. That's up 3.9% from 2013, and a whopping gain of 54.3% since the recovery began in 2009.

The average annual earnings of employees at those companies? Well, that was only $53,200. And in 2009, when the recovery began? Well, that was $53,200, too. In other words, while the CEOs have seen their compensation soar by 54%, the typical worker's paycheck hasn't budged. Read more

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These Three Events Will Shatter "Liquidity Illusion", Trigger Crisis, OECD Says
ZeroHedge | author | 06/25/15

The OECD has released its first Business and Finance Outlook which the organization describes as "an annual publication that presents unique data and analysis that looks at what might affect and change.. tomorrow's world of business finance and investment."

Over some 250 pages, the first edition offers a sweeping look at the global financial landscape and outlines, in excruciating detail, many of the major themes we've built on in these pages including companies' propensity to spend on buybacks and dividends at the expense of capex, the dangers of employing unrealistic pension fund investment return assumptions in a ZIRP world, and, of course, the liquidity paradox, wherein trillions in central bank cash injections mask underlying illiquidity -- especially in bond markets. Here's how Reuters summarizes the report: Read more

Business and Finance Outlook by OECD
Democracy Now! U.S. and World News Headlines for Thursday, June 25 [8:26]
*DN | The Death Penalty is Revenge, Not Healing: Father of OKC Victim on Dzhokhar Tsarnaev's Sentencing (06/25/15) [11:41]
*DN | Does U.S. Ignore Right-Wing Terror? More Killed by White Extremists Than Jihadists Since 9/11 (06/25/15) [17:42]
Short, Thought Provoking Videos
*TRNN | Alvatore Babones: Sixteen Proposals for Effective Solutions in '16, Part 3 (06/25/15) [18:08]
TRNN | Dimitri Lascaris: Greek Pensioners Demonstrate Against Inhumane Austerity Demands (06/25/15) [13:53]
TYT | The Right Declares War On The Pope (06/24/15) [2:08]
TYT | Kill More Civilians, Rages Blood-Starved Warmongers (06/24/15) [8:41]
TYT | What Exactly Are Confederate Flag-Lovers Defending? (06/24/15) [7:49]
Thom Hartmann -
*ThomHartmann | Economist Dr. Richard Wolff: The Greek Implosion (06/24/15) [12:16]
ThomHartmann | Kevin Kamps, Beyond Nuclear: The worst nuclear accident in recent history wasn't unexpected (06/24/15) [6:23]

Wednesday June 24, 2015
News Articles

The Bush Family Goes for Number Three (With the Help of Its Bankers)
HP | Nomi Prins | 06/24/15

This piece has been adapted and updated by Nomi Prins from her book All the Presidents' Bankers: The Hidden Alliances That Drive American Power

It's happening. As expected, dynastic politics is prevailing in campaign 2016. After a tease about as long as Hillary's, Jeb Bush (aka Jeb!) officially announced his presidential bid last week. Ultimately, the two of them will fight it out for the White House, while the nation's wealthiest influencers will back their ludicrously expensive gambit.

And here's a hint: don't bet on Jeb not to make it through the Republican gauntlet of 12 candidates (so far). After all, the really big money's behind him. Last December, even though out of public office since 2007, he had captured the support of 73% of the Wall Street Journal's "richest CEOs." Though some have as yet sidestepped declarations of fealty, count on one thing: the big guns will fall into line. They know that, given his family connections, Jeb is their best path to the White House and they're not going to blow that by propping up some Republican lightweight whose father and brother weren't president, not when Hillary, with all her connections and dynastic power, will be the opponent. That said, in the Bush-Clinton battle to come, no matter who wins, the bankers and billionaires will emerge victorious. ... Read more

All the Presidents' Bankers: The Hidden Alliances that Drive American Power by Nomi Prins

Prins ushers us into the intimate world of exclusive clubs, vacation spots, and Ivy League universities that binds presidents and financiers. She unravels the multi-generational blood, intermarriage, and protégé relationships that have confined national influence to a privileged cluster of people. These families and individuals recycle their power through elected office and private channels in Washington, DC.

All the Presidents' Bankers sheds new light on pivotal historic events--such as why, after the Panic of 1907, America's dominant bankers convened to fashion the Federal Reserve System; how J. P. Morgan's ambitions motivated President Wilson during World War I; how Chase and National City Bank chairmen worked secretly with President Roosevelt to rescue capitalism during the Great Depression while J.P. Morgan Jr. invited Roosevelt's son yachting; and how American financiers collaborated with President Truman to construct the World Bank and IMF after World War II.
Fox News Dumps Sarah Palin
Big Picture: Get Big Money Out of Politics (06/23/15) [2:59]

Greece Rejects "Totally Unacceptable" IMF Counterproposal Demanding Pension Cuts: Full Redline Comparison
ZeroHedge | author | 06/24/15

The renewed optimism that's surrounded Greek debt negotiations since Monday evening evaporated like deposits on a hot summer day in Athens this morning as the IMF has indicated it will stick to its "red lines" on pension cuts and the VAT, meaning PM Alexis Tsipras will either surrender unconditionally or embrace an EMU exit. ... Read more

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More News
  1. Greece Handed New Terms as Tsipras Approaches Decision Time (BBG)
  2. As U.S. Probes $12.7 Trillion Treasury Market, Trader Talk Is a Good Place to Start (BBG)
  3. Signs Swedish QE Backfiring as Liquidity Evaporates (BBG)
  4. ECB approves ELA funding requested by Greece- banking source (Reuters)
  5. Greek Millennials Can't Find Work But Actually Want to Keep the Euro (BBG)
  6. Greek deal or not, the euro is now a different beast (Reuters)
  7. Promoter's Arrest Sheds Light on Cynk's $6 Billion Surge (BBG)
  8. The World's Biggest Economies Are About to Feel the Impact of China's Slowdown (BBG)
  9. Senate Clears Trade Bill's Way to Passage (WSJ)
Democracy Now! U.S. and World News Headlines for Wednesday, June 24 [12:02]
*DN | Celebration Day at the U.S. Chamber of Commerce? A Debate on Who Benefits from the TPP (06/24/15) [6:28]
DN | "I Am Not Nonviolent": New Nina Simone Film Captures Singer and Activist’s Uncompromising Voice (06/24/15) [9:10]
Edward Snowden
*Edward Snowden Censored 9/11 & Boston Bombing on NBC (05/29/14) [3:23]
*TRNN | Robert Scheer: Plundering Our Freedom with Abandon, Part 5 (06/24/15) [19:35]
*TRNN | Salvatore Babones: Sixteen Proposals for Effective Solutions in '16, Part 2 (06/24/15) [17:16]
TYT | Disturbing Racism Behind The Confederate Flag, Bill O'Reilly Disagrees (06/23/15) [8:49]
TYT | Apparently Corporations Are People BUT FEC Commissioners Aren't (06/23/15) [2:22]
A recent decision by the Federal Election Commission that Commissioner Ellen Weintraub was not able to enforce campaign finance rules because "the rules say any person can file a petition, that we weren't actually persons." The Federal government continues to rule that corporations are people and have the same rights as people, but apparently people aren't people.
RT | CrossTalk: Kiev Cul-de-sac (06/24/15) [24:06]
Ukraine on Wikipedia
Thom Hartmann -
Shara Palin - Game Change
*Sarah Palin: HBO movie Game Change (excerpt) [0:59]
Everything That Is Wrong With The Republican Party in 1:48 [1:48]
Matt Damon Slams Sarah Palin (08/27/10) [1:42]
HBO | Game Change 2012 () [1:57:52]
Other Videos and Documentaries I Ran Across
Note: I don't endorse any of the videos in this section.
As I construct My News Pages I constantly run across a lot of NEW videos, and since I find YouTube frustrating trying to re-find videos, I save the links in this section so I can find them again.

Tuesday June 23, 2015
News Articles

Earth Has Entered First 'Mass Extinction' Since Dinosaurs, Study Warns
HP |Lydia O'Connor | 06/22/15

The Earth has entered its sixth mass extinction phase, a new study warns, and the time we have to avoid dramatic consequences is rapidly running out. Vertebrates -- which include mammals, birds, reptiles, amphibians and fish -- are disappearing at a rate 114 times faster than normal, according the study published Friday in the journal Science Advances. The study, led by Stanford, Princeton and the University of California-Berkeley, stated the number of vertebrate species that have gone extinct in the last century normally take 800 to 10,000 years to disappear under natural extinction rates.

"These estimates reveal an exceptionally rapid loss of biodiversity over the last few centuries, indicating that a sixth mass extinction is already under way," the researchers wrote. The last such extinction was 65 million years ago, The Telegraph noted, when dinosaurs were wiped off the face of the planet. ... Read more

On TPP, Congress's Cat Burglars Are Pulling a Fast One
HP | Bill Moyers | 06/22/15

"With cat-like tread upon our foes we steal." So boasted Gilbert and Sullivan's Pirates of Penzance as they decided to try a little burglary for a change. And "steal" is the appropriate word. It's hardly a surprise that Republican congressional leaders and their cadre of Democratic allies spurred on by Barack Obama are resorting to a bagful of parliamentary tricks to put the Trans-Pacific Partnership on a "take it or leave it but you can't change it" fast-track to enactment by Tuesday.

No sooner had the first round gone to pro-democracy forces than Speaker Boehner -- forever remembered as the man who handed out tobacco lobby checks to members on the House floor -- promptly scheduled a new vote allowing time to bring pressure on naysayers. ... Read more

Corporations Win Again: Senate Passes Obamatrade Fast-Track Bill.

Making the Economy Work for the Many and Not the Few #11: Medicare Isn't the Problem; It's the Solution
Robert Reich | Robert Reich | 06/22/15

Again and again the upcoming election you'll hear conservatives claim that Medicare -- the health insurance program for America's seniors -- is running out of money and must be pared back. Baloney. Medicare isn't the problem. In fact, Medicare is more efficient than private health insurance.The real problem is that the costs of health care are expected to rise steeply.

Medicare could be the solution -- the logical next step after the Affordable Care Act toward a single-payer system. ... Read more
The Big Picture: The Medicare Solution (06/17/15) [2:21]

The Unspoken Tragedy In The Upcoming Greek Bailout
ZeroHedge | author | 06/23/15

Of this touted 35 billion euro in bailout funding which Greece finally admitted it will cross "red lines" to obtain, the country will be lucky to pocket a little over 3 billion euro. However, considering that is how much the Greek government has already extracted out of various public pensions and municipalities as part of its quasi-capital controls unrolled previously to preserve the illusion of solvency, after the hard fought "deal" finally is inked, the Greek population will be left with... 0 euro!!! Read more

Democracy Now! U.S. and World News Headlines for Tuesday, June 23 [9:08]
*DN | "Perpetrator Has Been Arrested, But Killer is Still at Large": Calls Rise to Remove Confederate Flag (06/23/15) [17:24]
*DN | Domestic Terrorism: From the Charleston Massacre to 1964 Slaying of Mississippi Civil Rights Workers (06/23/15) [9:23]
*TRNN | Robert Scheer: Plundering Our Freedom with Abandon, Part 4 (06/22/15) [17:54]
TRNN | alvatore Babones: Sixteen Proposals for Effective Solutions in '16, Part 1 (06/23/15) [18:46]
TYT | Republicans Awash In White Supremacist Money (06/22/15) [10:29]
TYT | Dylann Roof And Michael Slager Are Neighbors In Jail (06/22/15) [7:29]
TYT | Erick Erickson Blames Charleston Massacre On Caitlyn Jenner (06/22/15) [6:50]
Ring of Fire on Free Speech TV (06/22/15) [29:00]
  1. Private prisons have a disastrous record when it comes to safety, but their record for prison escapes is even worse -- we'll bring you the details.
  2. The fossil fuel industry has poured $125 million into climate change denial in the last three years, but that money is no longer enough to sway public opinion.
  3. And Donald Trump has officially hit a new low by paying people to attend his presidential launch event -- more details on that in tonight's Backstory.
Thom Hartmann -
ThomHartmann | Unregulated Capitalism Is Destroying The Planet (Six Massive Extinction) (06/23/15) [4:20]
*ThomHartmann | How Is Roof's Manifesto Different From Isis Recruiting? (06/23/15) [11:26]
Other Videos and Documentaries I Ran Across
Note: I don't endorse any of the videos in this section.
As I construct My News Pages I constantly run across a lot of NEW videos, and since I find YouTube frustrating trying to re-find videos, I save the links in this section so I can find them again.

Monday June 22, 2015
News Articles

This How We Should Actually Punish Bank Felons
TruthDig & Robert Reich | Robert Reich | 06/22/15

What exactly does it mean for a big Wall Street bank to plead guilty to a serious crime? Right now, practically nothing.

But it will if California's Santa Cruz County has any say.

First, some background.

Five giant banks -- including Wall Street behemoths JPMorgan Chase and Citicorp -- recently pleaded guilty to criminal felony charges that they rigged the world's foreign-currency market for their own profit.

This wasn't a small heist. We're talking hundreds of billions of dollars worth of transactions every day.

The banks altered currency prices long enough for the banks to make winning bets before the prices snapped back to what they should have been.

Attorney General Loretta Lynch called it a "brazen display of collusion" that harmed "countless consumers, investors and institutions around the globe -- from pension funds to major corporations, and including the banks' own customers."

The penalty? The banks have agreed to pay $5.5 billion. That may sound like a big chunk of change, but for a giant bank it's the cost of doing business. In fact, the banks are likely to deduct the fines from their taxes as business costs.

The banks sound contrite. After all, they can't have the public believe they're outright crooks.

It's "an embarrassment to our firm, and stands in stark contrast to Citi's values," says Citigroup CEO Michael Corbat.

Values? Citigroup's main value is to make as much money as possible. Corbat himself raked in $13 million last year.

JPMorgan CEO Jamie Dimon calls it "a great disappointment to us," and says "we demand and expect better of our people."

Expect better? If recent history is any guide -- think of the bank's notorious "London Whale" a few years ago, and, before that, the wild bets leading to the 2008 bailout -- JPMorgan expects exactly this kind of behavior from its people.

Which helped Dimon rake in $20 million last year, as well as a $7.4 million cash bonus. ...
Read more

America's CEOs Now Make 303 Times More Than Their Workers
MotherJones | Jaeah Lee | 06/22/15

The US economy is rebounding for the nation's top income earners, but not for everyone else, according to a new study from the Economic Policy Institute. The study, published Sunday, finds that chief executives at the country's 350 biggest firms earned an average of $16.3 million in 2014, marking a 54.3 percent increase since 2009. Meanwhile, compensation for typical workers in the same industries as those CEOs fell 1.7 percent over the same time period.

"Those at the top of the income distribution, including many CEOs, are seeing a strong recovery, while the typical worker is still experiencing the detrimental effects of a stagnant labor market," the study authors, Lawrence Mishel and Alyssa Davis, found. ... Read more

Newsflash: Groundwater Running Out, | author | 06/17/15

Two studies published by the American Geophysical Union today, have identified the most stressed ground water systems in the world. Researchers concluded that one-third of the biggest groundwater reserves are in serious trouble. The Arabian Aquifer System was the worst off -- a source of water for 60 million people. Closely following is the Indus Basin aquifer underneath northwestern India and Pakistan, followed by the Murzuk-Djado Basin in northern Africa. The water system under drought-stricken California also made the list but is not as stressed. The research is based on data from two NASA satellites that "measure dips and bumps in Earth's gravity, which is affected by the weight of water." The scientists worry that climate change and population growth will only exacerbate the problems. They ask the important question: "What happens when a highly stressed aquifer is located in a region with socioeconomic or political tensions that can't supplement declining water supplies fast enough?" - See more at: ... Read more

Crossing The Event Horizon On 50 Years Of A Financially-Engineered Black Hole
ZeroHedge | author | 06/22/15

Nobody knows what will happen next in the struggle to wring some kind of debt repayment promises out of poor Greece. Without "restructuring" -- a virtual national bankruptcy proceeding -- there can be no plausible promises of repayment. Both sides seem to have exhausted their abilities to juke their way out. The European Union and its wing-men at the European Central Bank (ECB) and the International Monetary Fund (IMF) can only pretend to kick that fabled can down the road because it has turned into a cement-filled 50-gallon drum. The Greek government can only pretend to further dismantle its civil service and pension systems lest angry citizens toss it out and replace it with a new government, perhaps an ugly and pugnacious one made up of Golden Dawn party Nazis. ... Read more

Democracy Now! U.S. and World News Headlines for Monday, June 22 [11:01]
DN | Exclusive: Green Party's Jill Stein Announces She Is Running for President on Democracy Now! (06/22/15) [13:09]
DN | Dylann Roof's White Supremacist Views, Links to Hate Group Revealed After Charleston Church Massacre (06/22/15) [13:54]
John Oliver
HBO | John Oliver: Online Harassment (06/21/15) [16:49]
Middle East | Iraq in Particular
I like Vice videos because they actually talk to the common people of the country (topic) they are covering. Look at the summary I posted and then if you are interested look at the full video.
Vice | In Saddam's Shadow: Baghdad 10 Years After the Invasion (Summary) [4:00]
Vice | In Saddam's Shadow: Baghdad 10 Years After the Invasion (03/22/13) [27:38]
BBC | Daylight Robbery: What Happened to the $23billion? (older,2008) [58:32]
TRNN | Pope Francis Goes Green, Balancing Science and Religion, Part 2 (06/22/15) [14:14]
TRNN | Ukraine gets debt reduction and additional loans from IMF, Greece gets further squeezed, this is a despicable demonstration of the geo-strategic games being played (06/22/15) [13:41]
TYT | The Most Dangerous Cops On The Planet Live In... (06/21/15) [8:44]
TYT | TPP Grants Banks Terrifying Secret Powers. (06/21/15) [8:30]
TYT | Rand Paul's Huge Gift To The Wealthy (06/21/15) [5:02]
RT | CrossTalk: Whose propaganda should we be worried about? (06/22/15) [35:30]
RT | Keiser Report: Craft beer & crowdfunding (E772) (06/18/15) [24:16]
Thom Hartmann -
ThomHartmann | NSA surveillance Shorts... (06/19/15) [6:52]
Other Videos and Documentaries I Ran Across
Note: I don't endorse any of the videos in this section.
As I construct My News Pages I constantly run across a lot of NEW videos, and since I find YouTube frustrating trying to re-find videos, I save the links in this section so I can find them again.
Operation Desert Storm: "Winds of the Storm" 1993 US Air Force First Gulf War () [37:26]
The Persian Gulf War (2 August 1990 -- 28 February 1991), codenamed Operation Desert Storm (17 January 1991 -- 28 February 1991) commonly referred to as simply the Gulf War, was a war waged by a UN-authorized coalition force from 34 nations led by the United States, against Iraq in response to Iraq's invasion and annexation of Kuwait.

Friday June 19, 2015
News Articles
Brunch with Bernie
ThomHartmann | Brunch with Bernie (06/18/15) [31:08]

The Fed is Now Officially in VERY Serious Trouble
ZeroHedge | author | 06/19/15

The market action of the last 24 hours can be summated as thus:

The Fed didn't raise rates, so the US Dollar fell and all risk rallied hard.

The fact the Fed didn't raise rates is not important. Interest rates have not been at zero for six years. And the last real period of tightening ended in 2006, nearly a full decade ago.

In the simplest of terms, for the Fed not to be raising rates is not interesting. What IS interesting is WHY the Fed is not raising rates.

Of course there are many reasons why: the economy is not strong enough to handle it, the Fed missed its chance to raise rates in 2011-2012, etc.

However, there is only one REAL reason why rates remain so low:

Actually it's $555 trillion reason: and they are derivatives based on interest rates.

That is not a typo. $555 trillion... as in an amount greater than 700% of global GDP.

This is the REAL issue with interest rates, NOT the economy. The Fed cannot and will not raise rates any significant amount without risking a Crisis that would make 2008 look like a picnic (the CDO market which caused 2008 was a mere $50-60 trillion in size by comparison).

This is why Ben Bernanke told a group of hedge fund managers behind closed doors "rates will not normalize in my lifetime." Rates CANNOT normalize because this would instantly implode the financial system.
Read more

And that is how you get to where we are today: with a global bond bubble with over $555 trillion in derivatives trading based on it.

California Has Never Experienced A Water Crisis Of This Magnitude -- And The Worst Is Yet To Come
ZeroHedge | author | 06/19/15

Things have never been this dry for this long in the recorded history of the state of California, and this has created an unprecedented water crisis. At this point, 1,900 wells have already gone completely dry in California, and some communities are not receiving any more water at all. As you read this article, 100 percent of the state is in some stage of drought, and there has been so little precipitation this year that some young children have never actually seen rain. ... Read more
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Who Is Stoking The Trillion Dollar Student Debt Bubble?
ZeroHedge | author | 06/19/15

There's a very serious debate raging in America about whether it's appropriate for the federal government to forgive student loans. Some commentators rightfully assert that when it comes to federal loans made to students who attend public schools -- where, even if the education they receive doesn't exactly prepare them for the jobs market, graduation rates are at least respectable and the admissions process is not riddled with fraud -- personal responsibility should be taken into account and borrowers should be expected to pay off their debt.

The argument changes a bit when the conversation shifts to for-profit schools. In many cases, these institutions employ deceptive recruiting practices including falsified graduation and job placement rates to lure students who, once accepted, are encouraged to lie about their circumstances in order to maximize the amount of government aid they're eligible to receive. These schools live and die by federal student loans as around 90% of students pay for their 'education' with debt. And while the government (i.e. the taxpayer) keeps the doors open, CEOs (in many cases the schools are publicly traded) reap millions in compensation. ... Read more

Democracy Now! U.S. and World News Headlines for Friday, June 19 [11:31]
Jon Stewart
Jon Stewart | Jon Stewart Loses His Cool in a Gut-Wrenchingly Honest Monologue on the Charleston Shooting (06/18/15) [5:48]
Jon Stewart | Author and Nobel Peace Prize Laureate Malala Yousafzai talks about the documentary "He Named Me Malala," which chronicles her experience as an advocate for girls' education. (06/18/15) [8:18]
*TRNN | Pope Francis Goes Green Balancing Science and Religion. Janet Redman and Blase Bonpane weighs in on this defining moment for the Catholic Church (06/19/15) [19:45]
TRNN | Efia Nwangaza discusses: People Congregated in Prayer After the Church Shooting in Charleston SC, But Were Dispersed Quickly Because of Bomb Threats (06/19/15) [10:21]
TRNN | Robert Scheer: Plundering Our Freedom with Abandon, Part 3 (06/19/15) [20:35]
TYT | Right-wing Terrorists Kill More Americans Than Islamic Extremists (06/18/15) [6:33]
TYT | Charleston Shooter Given Gun On 21st Birthday (06/18/15) [9:39]
TYT | Charleston Shooting Not Racially Motivated Conservatives Say (06/18/15) [19:32]
TYT | Donald Trump Paid Actors To Attend Rally (06/18/15) [5:02]
TYT | Donald Trump's Bullsh*t Speech Wasn't Politics, It Was Worse (06/18/15) [11:58]
Thom Hartmann -
ThomHartmann | Brunch with Bernie (06/18/15) [31:08]

Thursday June 18, 2015
News Articles

Charleston Church Shooting: 9 Dead At Historic Black Church
HP | Ed Mazza | 06/17/15

Nine people were shot to death by a white man at a historic black church in Charleston, South Carolina, on Wednesday night, the Charleston Police Department confirmed at a news conference early Thursday.

Calling it "the worst night of my career," Charleston Police Chief Greg Mullen said the gunman entered the Emanuel African Methodist Episcopal Church during a prayer meeting and opened fire. Eight people were found dead at the scene. Two others were transported to a hospital, where one later died.

None of the victims has been named by police. However, State House Minority leader Todd Rutherford said the church's pastor, state Sen. Clementa Pinckney, was among those killed, according to the Associated Press. ... Read more

Another Day, Another US Dollar Flash Crash
You know things are illiquid, turmoiling, insane, entirely non-human odd, when the world's reserve currency flash-crashes on a regular basis... Graph

Pope Francis Releases 'Laudato Si' Encyclical And Lays Out Moral Case For Addressing Climate Change
HP | Jaweed Kaleem | 06/18/15

In a highly anticipated papal letter released Thursday, Pope Francis called on Catholics worldwide to make safeguarding the environment and battling climate change an urgent and top priority of the 21st century.

In the lengthy treatise, more broadly addressed to "every person" who lives on Earth, the pope lays out a moral case for supporting sustainable economic and population growth as part of the church's mission and humanity's responsibility to protect God's creation for future generations. While saying that there were natural causes to climate change over the earth's history, the letter also says in strong words that human activity and production of greenhouse gases are to blame. ... Read more

Greek Central Bank: "Greece will leave the European Union"
The Forecaster (trailer) [10:30]

THE FORECASTER is a feature documentary about Martin Armstrong a financial guru who used the number pi in the nineties to predict economic turning points with precision. With his secret knowledge Martin Armstrong predicted the exact date of the October crash in 1987, the decline of the dollar in 1986 and the Nikkei crash in 1989. He was named economist of the decade. The Japanese just called him Mr. YEN. When the FBI stormed his offices in 1999 forcing him to hand over his secret model a few weeks later he was incarcerated for seven years for contempt of court without a trial. Now Martin Armstrong is back -- released from prison after 12 years. He agreed to be the focal point of this movie - a piece on the Financial Crisis we are facing -- the Sovereign Debt Crisis.

The Forecaster | Martin Armstrong Use FXS4CAST14 as a discount code
Martin Armstrong The Stock Market Will Double By 2015 (05/29/15) [46:05]

Jeb Bush Slams Washington's Pampered Elites...But Enlists Them for His Campaign
MotherJones | AJ Vicens | 06/18/15

Jeb Bush launched his campaign on Monday with a sharp jab at the Washington establishment. "We don't need another president who merely holds the top spot among the pampered elites of Washington," huffed this member of a political dynasty that has often held power in DC. "We need a president willing to challenge and disrupt the whole culture in our nation's capital." Yet, as Bush embarks on his presidential bid, he has surrounded himself with Beltway insiders who have long been part of what he calls the "mess in Washington." Many of his advisers served in the presidential administrations of his father and brother. Others were senators and representatives. Of course, several are lobbyists. ... Read more

Democracy Now! U.S. and World News Headlines for THursday, June 18 [9:30]
*DN | Pope Francis: "Bold Cultural Revolution" Needed to Save Planet from Climate Change & Consumerism (06/18/15) [11:12]
*DN | Massacre in Charleston: 9 Shot Dead at Historic Black Church, Police Search for White Gunman (06/18/15) [24:37]
Jon Stewart - Daily Show
Jon Stewart | Jon Stewart Still Can't Get Enough Trump Stupidity -- "Am I Dreaming"? (06/17/15) [10:44]
CP | Cops Eat Pot Edibles After Raiding Marijuana Dispensary (06/17/15) [1:02]
TRNN | Investigative journalist Gareth Porter: U.S. Counter-Terrorism and the Saudi-Turkish-Israeli Strategic Alliance to Overthrow Assad, Part 1 (06/18/15) [9:40]
TYT | GOP Attacks Pope Francis For Caring About The Planet (06/17/15) [6:08]
TYT | Snowden Smear Piece Sums Up Journalism's Sad State (06/17/15) [5:38]
TYT | Osama Bin Laden's Porn Stash Debunked By BroBible (06/17/15) [3:54]
TYT | Trump Speech Full Of Lies, Fibs And Flat Out Nonsense (06/17/15) [4:09]
RT | Keiser Report: Pick a pocket or two (E771) (06/16/15) [25:40]
Thom Hartmann -
ThomHartmann | Rumble: Why The GOP is Supporting ObamaTrade (TPP)
ThomHartmann | The Greek Crisis - Is There a Way Forward? (06/17/15) [7:33]

Wednesday June 17, 2015
News Articles

Another Fed "Insider" Quits, Tells The Truth
ZeroHedge | author | 06/17/15

Once more, an "insider" from The Fed exposes the reality of an academic ivory tower clueless of the real financial markets. Former adviser to Dallas Fed's Dick Fisher, Danielle DiMartino Booth speaking in a CNBC interview slams The Fed for "allowing the [market] tail to wag the [monetary policy] dog," warning that "The Fed's credibility itself is at stake... they have backed themselves into a very tight corner... the tightest ever." ... Read more
ZH | Another Fed "Insider" Quits, Tells The Truth (06/17/15) [7:08]

It is high time central bankers acknowledge their complicity in enabling Congress to fiddle while the country burns. As was the case with the revelation that the Great Moderation was but a myth, it is crucial that our leaders retake the country's reins thus also bringing to an end the deeply damaging era of The Great Abdication.

TRNN | William K. Black | 06/14/15

My answer to the question I pose in my title is 'no.' The Trans-Pacific Partnership (TPP) is far from dead and can only be defeated by heroic efforts by a broad coalition of Americans dedicated to the interests of our Nation and its people and willing to pay the price to oppose the triumph of corporate interests. The focus of this column, however, is on the New York Times' coverage of Friday's vote on a key component of President Obama and the Republican leadership's efforts to make the TPP law. That focus requires some tangential discussion of the substantive arguments for and against TPP but I will minimize that discussion because I have explained previously in greater detail why I oppose the TPP and urge Americans to make our efforts to defeat it one of our highest priorities. ... Read more

The True Story of the Bilderberg Group

Delving into a world once shrouded in complete mystery and impenetrable security, this investigative report provides a fascinating account of the annual meetings of the world's most powerful people--the Bilderberg Group. Since its inception in 1954 at the Bilderberg Hotel in the small Dutch town of Oosterbeek, the Bilderberg Group has been comprised of European prime ministers, American presidents, and the wealthiest CEOs of the world, all coming together to discuss the economic and political future of humanity. The working press has never been allowed to attend, nor have statements ever been released on the attendees' conclusions or discussions, which have ramifications on the citizens of the world. Using methods that resemble the spy tactics of the Cold War--and in several instances putting his own life on the line--the author did what no one else has managed to achieve: he learned what was being said behind the closed doors of the opulent hotels and has made it available to the public. This second edition includes an entirely new chapter and updated information on topics such as an earlier attempt to break up Canada and the portents of a North American union.

Bilderberg looks to the future but is stuck in the past
TheGuardian | Charlie Skelton | 06/15/15

... Equally anachronistic is the heavy-handed policing: the checkpoints, the armoured snowploughs, the harassment, the helicopter patrols with itchy-fingered cops. The obstinate refusal to engage in proper press relations. It's just a physical extension of Wolfensohn's 'I wasn't there ... I didn't attend'. A denial of reality, a denial of change: and it's no kind of long-term strategy. ... Read more

Democracy Now! U.S. and World News Headlines for Wednesday, June 17 [8:31]
The Forecaster - Trailer (2014) [3:25]

MARTIN ARMSTRONG, once a US based trillion dollar financial adviser, used the number pi to predict economic turning points with precision. When some big New York bankers asked him to join the club to help them to take over Russia, he refused to join the manipulation. A few days later the FBI stormed his offices accusing him of a 3 billion dollar Ponzi Scheme - an attempt to stop him talking about the real Ponzi Scheme of debts that the US has build up over the years and which he thinks starts to collapse after October 1, 2015, a major pi turning point he is predicting.

The story of finance whiz Martin Armstrong reads like a movie script: a man designs a model that can predict the future. He calculates developments in the world economy with eerie accuracy and even the outbreak of wars. Until the FBI is on his doorstep and he is sent to prison. A free man again, he shares his views on the financial crisis and offers his solutions to governments.
The Forecaster website
Infowars | Martin Armstrong: US Economy Collapse 2015-2016! Why An Economic Crash Is Coming! (06/13/15) [12:54]
I don't normally use Alex Jones videos, but I looked for other (current) sources and couldn't find much. The question is; how can a group of 150 of the most wealthiest, powerful people get together to strategies the worlds future... and do it all in complete secrecy!!
Secret Bilderberg Group Meeting Draws Powerful People (06/10/15) [1:35]
Bilderberg website
Bilderberg Wikipedia (article)
Review | The True Story of the Bilderberg Group by Daniel Estulin (article)
TRNN | Vijay Prashad, says: Israel's Foreign Ministry Report Says Attacks on Palestinian Children and Civilians Were "Legitimate" (06/17/15) [10:48]
TYT | Hillary's Bernie Problem Just Got WAY Worse (06/16/15) [7:44]
TYT | Donald Trump's Bullsh*t Speech Wasn't Politics, It Was Worse (06/16/15) [11:58]
RT | CrossTalk: Whose propaganda should we be worried about? (06/17/15) [24:15]
Thom Hartmann -
Other Videos and Documentaries I Ran Across
Note: I don't endorse any of the videos in this section.
As I construct My News Pages I constantly run across a lot of NEW videos, and since I find YouTube frustrating trying to re-find videos, I save the links in this section so I can find them again.

Note: for more news, and archived news go to: menu.
PBS Frontline
NPR: Diane Rehm's Show
Stephen Colbert & Jon Steward
60 Minutes
PBS Newshour

12.01.2011. 19:51

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