inconvenient facts

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Price Rigging and Financial Corruption. A Global House Of Cards

Money_LaunderingA

s most Americans, if not the financial media, are aware, Quantitative Easing (a euphemism for printing money) has failed to bring back the US economy.

So why has Japan adopted the policy?  Since the heavy duty money printing began in 2013, the Japanese yen has fallen 35% against the US dollar, a big cost for a country dependent on energy imports.  Moreover, the Japanese economy has shown no growth in response to the QE stimulus to justify the rising price of imports.

Despite the economy’s lack of response to the stimulus, last month the Bank of Japan announced a 60% increase in quantitative easing–from 50 to 80 trillion yen annually.

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Building a New North American Partnership for the Future

stephen-harper_council_of_foreign_relationsThe globalist controlled Council on Foreign Relations (CFR) have called on the U.S. to work more closely with Canada and Mexico to build a new North American partnership for the future. The pivot to North America would focus on greater trilateral cooperation in areas such as energy, economic competitiveness, border management, law enforcement and continental perimeter security. Throughout the years, the incremental steps towards a North American Union have been used to further chip away at the sovereignty of all three NAFTA countries.

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The Incarceration of the American Consumer

corporationsHow do corporate attorneys sleep at night considering that with the power of their large corporate clients, they often crush the freedoms of workers, consumers and small communities who are trying to break out of a complex web of shackles?

These highly paid power lawyers expertly weave an intricate system of controls into one-sided contracts enforced by laws garnished with the muscle of big business to wear down all but the most intrepid shoppers.

I am not only referring to the mass marketing scams, crams, deceptions and hidden frauds.

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Work in the age of anxiety

Occupy_People_Not_ProfitWorking Canadians, from blue collar workers to middle class professionals to hamburger flippers are facing the worst economy insecurity, most stressful working conditions, the slowest increases in real income and the most cynical anti-worker governments literally since the 1930s. At the same time the 1% and the powerful corporations which make them rich have not been so privileged in terms of wealth, income and political power since the pre-crash 1920s.

Yet in those days when there was virtually no state protection for workers, unions were illegal, police were more brutal and economic security for many non-existent there was a level of militancy, courage, social solidarity and sheer determination that was at once stunning and inspirational. It terrified that day’s 1% and following the depression and war it brought the only concessions to workers capitalists have ever agreed to.

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Gates and Big Pharma

The Real Agenda of the Gates Foundation

Drugs_and_Money_rollDespite annual revenues approaching $1 trillion, the global pharmaceutical industry has lately experienced a critical decline in the rate of profit, for which it lays most of the blame on regulatory requirements. A US think tank has estimated the cost of new drug development at $5.8 billion per drug, of which 90 per cent is incurred in Phase III clinical trials mandated by the US Food and Drug Administration and similar agencies in Europe.41 (These are tests administered to large groups of human subjects in order to confirm the effectiveness and monitor the side effects of new vaccines and other medicines.) The international business consulting firm McKinsey & Company called the situation “dramatic” and urged Big Pharma executives to “envision responses that go well beyond simply tinkering with the cost base” – primarily the relocation of clinical trials to emerging markets, where drug safety testing is seen as relatively cheap, speedy, and lax.42

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Nuclear Power’s Insanities

Taxpayer-Guaranteed

nuclear_wasteThe Nuclear Energy Institute (NEI) – the corporate lobbyist in Washington, D.C. for the disintegrating atomic power industry – doesn’t have to worry about repercussions from the negative impacts of nuclear power. For nuclear power is a government/taxpayer-guaranteed boondoggle whose staggering costs, incurred and deferred, are absorbed by American taxpayers via a supine government regulatory and subsidy apparatus.

So if you go to work at the NEI and you read about the absence of any permanent radioactive waste storage site, no problem, the government/taxpayers are responsible for transporting and safeguarding that lethal garbage for centuries.

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Remembering Joe...R.I.P. - Hung Over in the End Times

If liberal society is to survive the rise of the Godwacks, we need to start by calling them what they are

GodwacksSince George Bush’s reelection, the Christian nutjobs have mounted an assault on my block. In the five years I’ve lived in this neighborhood I’ve never had so much as one Jehovah’s Witness knock at the door. But last Saturday morning my neighbor Tinka-the-wool-weaver called to warn of approaching Bible thumpers working the doorbells on my side of the street. Sure enough, out the window were two women in long skirts with bad Bible hairdos headed my way. "Incoming Jesus freaks at nine o’clock high!" I yelled to my wife. We jumped back into bed and let 'em pound on the door and drop tracts in the mailbox while Barb read the Washington Post and I caught another 20 zees.

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Corporations Spy on Nonprofits with Impunity

corporate_spyHere’s a dirty little secret you won’t see in the daily papers: corporations conduct espionage against US nonprofit organizations without fear of being brought to justice.

Yes, that means using a great array of spycraft and snoopery, including planned electronic surveillance, wiretapping, information warfare, infiltration, dumpster diving and so much more.

The evidence abounds.

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Peak Inequality: The .01% And The Impoverishment Of Society

Occupy_Jump_YouAsignificant systemic change is now a mathematical fact. Corruption, greed and economic inequality have reached a peak tipping point.  Due to the consolidation of wealth, the majority of the population cannot generate enough income to keep up with the cost of living.  In the present economy, under current government policy, 70% of the population is now sentenced to an impoverished existence.

Let’s take an in-depth look at the evidence.

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Hillary-The-Hawk Flies Again

Hillary_Clinton_ii“Hillary works for Goldman Sachs and likes war, otherwise I like Hillary,” a former Bill Clinton aide told me sardonically. First, he was referring to her cushy relationships with top Wall Street barons and her $200,000 speeches with the criminal enterprise known as Goldman Sachs, which played a part in crashing the U.S. economy in 2008 and burdening taxpayers with costly bailouts. Second, he was calling attention to her war hawkish foreign policy.

Last week, Hillary-The-Hawk emerged, once again, with comments to The Atlantic attacking Obama for being weak and not having an organized foreign policy. She was calling Obama weak despite his heavy hand in droning, bombing and intervening during his Presidency. While Obama is often wrong, he is hardly a pacifist commander. It’s a small wonder that since 2008, Hillary-The-Hawk has been generally described as, in the words of the New York Times journalist Mark Landler, “more hawkish than Mr. Obama.”

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NATO Baiting Russia into War

Putin_obamaRussia is consistently portrayed in the Western media as the “aggressoramid the ongoing Ukrainian conflict, however, it is clear through overt moves by NATO’s proxy regime in Kiev, that attempts are being made to intentionally provoke, not defend against Moscow’s ire.

The New York Times, in a recent article admits that the military campaign Kiev is carrying out against its own citizens in eastern Ukraine is overt brutality carried out by literal flag-waving Nazis, with the all but stated goal of provoking a Russian invasion.

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Cold War Two

US-and-russia_jpg-300x225During Cold War One those of us in the American radical left were often placed in the position where we had to defend the Soviet Union because the US government was using that country as a battering ram against us. Now we sometimes have to defend Russia because it may be the last best hope of stopping TETATW (The Empire That Ate The World). Yes, during Cold War One we knew enough about Stalin, the show trials, and the gulags. But we also knew about US foreign policy.

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Can You Imagine? Toppling the Fossil Fuel Empire

“We can’t solve problems by using the same kind of thinking we used when we created them.” Albert Einstein

oilAs the world struggles with how to deal with the slow motion apocalypse of global climate change it becomes more and more apparent that we are trapped in “the kind of thinking” that got us here. While I don’t want to wear out Einstein’s quotability his other little piece of wisdom that we need to keep top of mind is this:

“Imagination is more important than knowledge. For knowledge is limited to all we now know and understand, while imagination embraces the entire world, and all there ever will be to know and understand.”

Our failure of imagination regarding the ever-increasing production and use of fossil fuels will, over time, kill billions of us and irreversibly change all life on the planet.

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America’s Paramilitary Police

police_stateIn June, the American Civil Liberties Union (ACLU) published a report, War Comes Home: The Excessive Militarization of American Policing, which provides a chilling account of the role of the US military in arming “paramilitary police” squads throughout the country.

SWAT teams are now routinely deployed for regular police work—including the serving of warrants for nonviolent offenses. Raids by SWAT teams, typically carried out in the dead of night, often involve the use of military stun grenades, the wanton destruction of property, the killing of household pets, and, with increasing regularity, the deaths of “suspects” and their family members, including children. More than one hundred and twenty such raids take place in America every day.

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Who Needs $80 Billion? Starve Us Some More

Canadian_Flag

For years Stephen Harper often seemed at war with his own government, so consistently critical were reviews by its various independent oversight agencies. It seems that at least one “independent” body, the Parliamentary Budget Office, is now a little more PMO-friendly. A recent report from the PBO’s new chief Jean-Denis Fréchette declared that thanks to the incredible generosity of the federal government, “Canadians” have an extra $30 billion in their pockets — money “saved” due to Conservative tax cuts. The figure includes reductions in personal income tax of $17.1 billion and the federal share of revenue loss GST/HST of $13.3 billion.

That’s almost $1,000 per person.

Isn’t that nice.

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War Crimes and 9/11: Why Dick and Don Are Suspects

Bush_CheneyrumsfeldRichard Clarke, the former counterterrorism official, has recently come out suggesting that George W. Bush, Dick Cheney, and Donald Rumsfeld should be charged with war crimes. Unfortunately, media outlets reporting this story have failed to examine Clarke’s long relationship to Cheney and Rumsfeld and his record of having prevented the capture of Osama bin Laden. These omissions highlight that, although Cheney and Rumsfeld undoubtedly are guilty of post-9/11 war crimes, suspicions that they helped create the pretext for those crimes go unreported.

 

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Imperialism’s Coup d’Etat against Democracy and the People of Haiti

We Have an Anti-imperialist Obligation to the People of Haiti

Haiti_anti_UNThis month marks the 10th anniversary of the UN’s military occupation of Haiti. This article was first published February 9, 2014.

We are coming upon the 10th anniversary of the February 29, 2004 coup in Haiti that was orchestrated by imperialism[2] against the labouring classes and the democratically elected government of President Jean-Bertrand Aristide. According to journalist and writer Yves Engler:

On Jan. 31 and Feb. 1, 2003, Jean Chrétien’s Liberal government organized the “Ottawa Initiative on Haiti” to discuss that country’s future. No Haitian officials were invited to this assembly where high-level US, Canadian and French officials decided that Haiti’s elected president “must go”, the dreaded army should be recreated and that the country would be put under a Kosovo-like UN trusteeship.[3]

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Stephen Harper’s ‘Strategic’ Path to Ruin

Harper_thumbs_upThe federal government, that is Stephen Harper, is expected to announce its long anticipated decision on Enbridge’s Northern Gateway pipeline sometime in June. The decision could well determine whether or not the Conservatives can win the 2015 election.

The momentum of opposition to the pipeline — and perhaps more importantly to the hundreds of supertankers that would move tar sands bitumen to Asia — is clearly growing in both B.C. and the rest of Canada. This makes Harper’s absolute dedication to the oil industry, and his dogged commitment to the pipeline in particular, tantamount to a suicide pact. This is a pipeline that will never be built. It is already dead. But don’t assume Harper sees that. His decision, as many of them are, will be a war between his highly touted strategic genius and his narcissistic impulses — revealed by a pattern of rejecting defeat until reality can no longer be denied.

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What A Destructive Wall Street Owes Young Americans

Robin_Hood_Tax_smWall Street’s big banks and their financial networks that collapsed the U.S. economy in 2008-2009, were saved with huge bailouts by the taxpayers, but these Wall Street Gamblers are still paid huge money and are again creeping toward reckless misbehavior. Their corporate crime wave strip-mined the economy for young workers, threw them on the unemployment rolls and helped make possible a low-wage economy that is draining away their ability to afford basic housing, goods, and services.

Meanwhile, Wall Street is declaring huge bonuses for their executive plutocrats, none of whom have been prosecuted and sent to jail for these systemic devastations of other peoples’ money, the looting of pensions and destruction of jobs.

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“The Russians are coming … again … and they’re still ten feet tall!”

EagleSo, what do we have here? In Libya, in Syria, and elsewhere the United States has been on the same side as the al-Qaeda types. But not in Ukraine. That’s the good news. The bad news is that in Ukraine the United States is on the same side as the neo-Nazi types, who – taking time off from parading around with their swastika-like symbols and calling for the death of Jews, Russians and Communists – on May 2 burned down a trade-union building in Odessa, killing scores of people and sending hundreds to hospital; many of the victims were beaten or shot when they tried to flee the flames and smoke; ambulances were blocked from reaching the wounded. Try and find an American mainstream media entity that has made a serious attempt to capture the horror. 1

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Fukushima Didn’t Just Suffer Three Meltdowns …The Nuclear Core Has Finally Been Found …

 Scattered All Over Japan

radiation_signWe reported in May 2011 that authorities knew – within days or weeks -  that all 3 active Fukushima nuclear reactors had melted down, but covered up that fact for months.

The next month, we reported that Fukushima’s reactors had actually suffered something much worse: nuclear melt-throughs, where the nuclear fuel melted through the containment vessels and into the ground.  At the time, this was described as:

The worst possibility in a nuclear accident.

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Remembering Joe...R.I.P. - Revenge of the Mutt People

Bred for meanness

joe_bageant_iii“There are some things so disgusting that only a white man would be willing to do them.”
-- Walter Wildshoe, Coeur d’Alene Indian

Many years ago I worked at an industrial hog farm owned by the Coeur d’Alene Indian tribe in northern Idaho. The place stank of the dead and rotting brood sows we chopped out of farrowing crates -- bred to death in the drive for pork production. And it stank of the massive ponds that held millions of gallons of hog feces and rotting baby pigs, and every square inch was poisoned by the pesticides used to kill insects that hogs attract and the antibiotics fed to hogs from hundred pound sacks. The Coeur d’Alene Indians refused to suffer those kinds of conditions; they wouldn’t even manage the place. They contracted it out. As my friend Walter Wildshoe said: “Only a white man would work there.”

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The Fukushima Nuclear Crisis and the Politics of Uncertainty.

“Most Significant Public Health Crisis in Modern World History”

fukushimaevacuatuonThe nuclear disaster in Fukushima which followed in the wake of the 3/11 Tohoku earthquake and tsunami has given rise to one of the most significant public health crises in modern world history, with profound implications for how nuclear energy is perceived. This paper analyzes the most dire phase of the Fukushima nuclear crisis, showing how the level of risk was assessed by nuclear experts and state-level actors who worked largely out of view of public scrutiny. In addition to examining how the accident progression in the reactors was addressed and conveyed to the general public, the paper addresses how the exclusionary zones were determined by Japanese and foreign governments in Japan.

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The True Cost of Disaster Insurance Makes Nuclear Power Uncompetitive

Fukushima_Daiichi_plantThe European Commission is assessing how it should augment its nuclear disaster insurance. Ingmar Schumacher calls for full transparency of insurance costs in the cost-benefit evaluation of the nuclear industry.

The continuing nuclear disaster at Fukushima has concentrated minds on the risks of nuclear catastrope in Europe - all the more so as estimates of Fukushima's cost rise towards a giddying US$500 billion.

And so it is that the European Commission is considering whether, and how, it should amend the insurance of nuclear power plants on European territory. In the event of the unthinkable taking place in a European reactor, who will pay the cost?

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The TPP: Power to the Corporations at the Expense of the Planet

TPPThe TPP trade deal would expand a system of corporate rights and private courts that threaten progress on some of our most urgent environmental issues, writes Thomas McDonagh.

In January 15th last, Wikileaks revealed the proposed environmental chapter of the Trans-Pacific Partnership (TPP) trade agreement.

This massive trade deal, despite its implications for sensitive policy areas such as access to medicines and food safety across North America, Peru, Chile, Australia, Japan and beyond had, until recently, been kept far away from the public spotlight.

Negotiations take place behind closed doors and not even public representatives from the countries involved have access to the negotiating text.

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Guns and Butter

"The Way We Were and What We Are Becoming" with financial economist and historian, Dr. Michael Hudson.

Globalism Quotes

"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world. No longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men."

President Woodrow Wilson (who introduced the Federal Reserve act which allowed the privately owned Federal Reserve to begin in 1913)
 
 

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