Hope2012


Top 25 Censored Stories of 2009/2010

Top 25 Censored Stories for 2010 – Project Censored 2009/2010

·         1. US Congress Sells Out to Wall Street

·         2. US Schools are More Segregated Today than in the 1950s

·         3. Toxic Waste Behind Somali Pirates

·         4. Nuclear Waste Pools in North Carolina

·         5. Europe Blocks US Toxic Products

·         6. Lobbyists Buy Congress

·         7. Obama’s Military Appointments Have Corrupt Past

·         8. Bailed out Banks and America’s Wealthiest Cheat IRS Out of Billions

·         9. US Arms Used for War Crimes in Gaza

·         10. Ecuador Declares Foreign Debt Illegitimate

·         11. Private Corporations Profit from the Occupation of Palestine

·         12. Mysterious Death of Mike Connell—Karl Rove’s Election Thief

·         13. Katrina’s Hidden Race War

·         14. Congress Invested in Defense Contracts

·         15. World Bank’s Carbon Trade Fiasco

·         16. US Repression of Haiti Continues

·         17. The ICC Facilitates US Covert War in Sudan

·         18. Ecuador’s Constitutional Rights of Nature

·         19. Bank Bailout Recipients Spent to Defeat Labor

·         20. Secret Control of the Presidential Debates

·         21. Recession Causes States to Cut Welfare

·         22. Obama’s Trilateral Commission Team

·         23. Activists Slam World Water Forum as a Corporate-Driven Fraud

·         24. Dollar Glut Finances US Military Expansion

·         25. Fast Track Oil Exploitation in Western Amazon



Top Economic News Round-Up: Dollar Collapse, Supranational Currency Plans, and the Pending Financial Apocalypse

UN calls for new reserve currency - BreitBart 10/6/09

US facing massive economic ‘power shift’ with dollar’s downward spiral – Raw Story 10/11/09

Bilderbergers Want Global Currency Now - Prison Planet 10/1/09

Video: Robert Fisk Explains His Bombshell Report About The U.S. Dollar To Russia Today – NCoal 10/10/09

Britain: Supranational Banking Organization May Be Needed - Reuters / Cryptogon 10/16/09

Soros: “There is a General Flight from Currencies” - Prison Planet 10/16/09

Congresswoman Kaptur: There Has Been a Financial Coup D’Etat - Prison Planet 10/12/09

Maxine Waters: Rangel Not The Only In Congress To Hide Assets – Judicial Watch 10/8/09

Dollar Reaches Breaking Point as Banks Shift Reserves - Prison Planet 10/12/09

Video: How Halliburton rips off the taxpayer and endangers the health of US troops – YouTube via WRH 10/17/09

On May 10th, 2007, this video was banned in Congress.  Robert Greenwald, the director of IRAQ FOR SALE, was invited to testify before Congress by Rep. Jim Moran. He prepared four minutes from the documentary to show.  Republicans insisted this not be shown.

Big Pharma Reaps Billions From Swine Flu Fearmongering - Prison Planet 10/14/09

Evidence of economic collapse martial law preparations – EclippTV 9/27/09

The most important economic policy in US history: monetary reform and its top ten supporters in US history - Examiner 10/6/09

VIDEO: The Financial Crisis in Perspective – Global Research 9/30/09

US Census Bureau report: 40 million living in poverty – Uruknet 9/30/09

Unprecedented U.S. corp. defaults seen for ‘09 – Reuters 9/30/09

World Bank says don’t take dollar’s place for granted – Reuters 9/27/09

World Bank President Robert Zoellick said the United States should not take the dollar’s status as the world’s key reserve currency for granted because other options are emerging.

“The United States would be mistaken to take for granted the dollar’s place as the world’s predominant reserve currency,” he said. “Looking forward, there will increasingly be other options.”

US Cedes Economic Independence To IMF - YouTube 10/6/09

IMF chief hails ‘new era of collaborative global governance’ - Raw Story 10/4/09

Unemployment Figure Soars to 17% - Charting Stocks 10/4/09

A Map Of American Unemployment – Forbes 10/2/09

31 Questions and Answers about the Internal Revenue Service - SupremeLaw.org

US secretly tried to make deal with Goldman Sachs in wake of financial crisis – Raw Story 9/30/09

Goldman Sachs, the US Treasury, and criminal corruption: the interview that confirms what you always knew- Examiner 9/3/09

If you haven’t seen Matt Taibbi’s interview with his documentation of Goldman Sachs involvement with the US Treasury and manipulations of our economy, it is a must see. This article also links to mainstream economists’ and Pulitzer journalists’ documentation and analysis of our plutocracy in rather strong language.

UK pledges extra $11bn to IMF to tackle crisis – Telegraph, UK 9/3/09

China Set to Buy $50 Billion in IMF Notes- Wall St Journal via Prison Planet 8/31/09

4 Signs that China is Moving Out of the Dollar – Washington’s blog 9/8/09

Zimbabwe proposes introduction of gold-backed Zim dollar - Prison Planet 8/25/09

Roubini: “When Governments Reach the Point Where They Are Borrowing to Pay the Interest on Their Borrowing They Are … Running a Ponzi Scheme” – Prison Planet 8/29/09

Mercenaries Hide Costs of War – Consortium News 9/7/09

The History of Jobs In America – Treehugger 9/16/09

Paul Kedrosky points to this very cool tool for visualizing the jobs people have done between 1850 and 2000; you click on any one or write it in the window and see how they have changed. Kedrosky writes “Too bad it ends at 2000, thus taking away the fun of watching the profusion of real estate agents and mortgage brokers.”

Congressman Grayson: Fed Secretly “Stuffed” $500 Billion into “Foreign Private Pockets” and Gave $230 Billion to Citi “As a Secret Bailout” – Washington’s Blog 9/17/09

Just a few weeks ago, while Chairman Bernanke was testifying to Congress, we examined the Fed balance sheet and P&L statement only to find what looked like the Fed handing over half a trillion dollars to foreigners. This was very surprising! When I asked Chairman Bernanke if this was true, he said, “Yes.” When I asked him who got the money, he said, “Fourteen foreign Central Banks.” And when I asked to who did they give the money, he said, “I don’t know.” “I don’t know” is not good enough when you’re talking about $500 billion. That’s $1700 for every man, woman, and child in this country.

Bank President Admitted that All Credit Is Created Out of Thin Air With the Flick of a Pen Upon the Bank’s Books – Washington’s Blog 9/23/09

In First National Bank v. Daly (often referred to as the “Credit River” case) the court found: that the bank created money “out of thin air”:

[The president of the First National Bank of Montgomery] admitted that all of the money or credit which was used as a consideration [for the mortgage loan given to the defendant] was created upon their books, that this was standard banking practice exercised by their bank in combination with the Federal Reserve Bank of Minneaopolis, another private bank, further that he knew of no United States statute or law that gave the Plaintiff [bank] the authority to do this.

U.S. May Face ‘Armageddon’ If China, Japan Don’t Buy Debt – CNBC via Cryptogon 9/24/09

U.S. Intelligence Budget: $75 Billion, 200,000 Operatives – Dissident Voice 9/25/09

International Monetary Fund to sell over 403 tons of gold – Raw Story 10/2/09

Iraq to Deal Oil in Euros – Information Clearinghouse 10/10/09

What Not Being Able To Buy Oil In Dollars Means – Information Clearinghouse 10/10/09

Backbone of Complex Networks of Corporations: The Flow of Control – Cryptogon 8/31/09

Via: Inside Science

A recent analysis of the 2007 financial markets of 48 countries has revealed that the world’s finances are in the hands of just a few mutual funds, banks, and corporations. This is the first clear picture of the global concentration of financial power, and point out the worldwide financial system’s vulnerability as it stood on the brink of the current economic crisis.

A pair of physicists at the Swiss Federal Institute of Technology in Zurich did a physics-based analysis of the world economy as it looked in early 2007. Stefano Battiston and James Glattfelder extracted the information from the tangled yarn that links 24,877 stocks and 106,141 shareholding entities in 48 countries, revealing what they called the “backbone” of each country’s financial market. These backbones represented the owners of 80 percent of a country’s market capital, yet consisted of remarkably few shareholders.

Bank of England Calls Emergency Meeting Over Sterling – Telegraph, UK via Cryptogon 9/28/09

Squat to Own - Miller McCune 10/6/09

Two social ills come together in Miami for a positive outcome, at least on a small scale.

Banks Have Us Flying Blind on Depth of Losses - Bloomberg 10/1/09

Oldest Swiss Bank Tells Clients to Sell U.S. Assets or Leave – Bloomberg via Cryptogon 9/2/09

PREVIOUS POSTS ON THE ECONOMY



The Threats Of and By The Federal Reserve

Federal Reserve General Counsel Scott Alvarez Threatens the U.S. with Economic Terrorism – Cryptogon 9/26/09

Federal Reserve Threatens Economic Disaster If Forced to Reveal Secrets – Global Research 8/31/09

Bernanke threatens economic crash if Congres audits Fed: damning video of Congressional testimony – Examiner 9/3/09

Geithner: Auditing the Fed Is a “Line That We Don’t Want to Cross” – WSJ via Cryptogon 8/26/09

Congressman Grayson: Fed Secretly “Stuffed” $500 Billion into “Foreign Private Pockets” and Gave $230 Billion to Citi “As a Secret Bailout” – Washington’s Blog 9/17/09

Just a few weeks ago, while Chairman Bernanke was testifying to Congress, we examined the Fed balance sheet and P&L statement only to find what looked like the Fed handing over half a trillion dollars to foreigners. This was very surprising! When I asked Chairman Bernanke if this was true, he said, “Yes.” When I asked him who got the money, he said, “Fourteen foreign Central Banks.” And when I asked to who did they give the money, he said, “I don’t know.” “I don’t know” is not good enough when you’re talking about $500 billion. That’s $1700 for every man, woman, and child in this country.

Bank President Admitted that All Credit Is Created Out of Thin Air With the Flick of a Pen Upon the Bank’s Books – Washington’s Blog 9/23/09

In First National Bank v. Daly (often referred to as the “Credit River” case) the court found: that the bank created money “out of thin air”:

[The president of the First National Bank of Montgomery] admitted that all of the money or credit which was used as a consideration [for the mortgage loan given to the defendant] was created upon their books, that this was standard banking practice exercised by their bank in combination with the Federal Reserve Bank of Minneaopolis, another private bank, further that he knew of no United States statute or law that gave the Plaintiff [bank] the authority to do this.

It is the Federal Reserve Board that is bankrupt, not the USA – Benjamin Fulford 9/24/09

Zero Hedge Claims that the Federal Reserve ITSELF Traded Over a Trillion Dollars Worth of Derivatives in March Alone - Prison Planet 8/25/09

The Record of the Federal Reserve – TCS Daily 8/27/09

Must-read basic information

Let’s set aside what The Fed says for a moment and examine what it actually does.

·         From 1776 to 1912 (136 years), the value of the dollar, relative to the Consumer Price Index, increased by 11%. A dollar could buy 11% more goods in 1912 than in 1776. Thus, if in 1776, you sat on your savings pile of $1,000,000 for 136 years, it would then be worth $1,110,000 in purchasing power (it will have appreciated in value by 11%). A loaf of bread for Thomas Jefferson cost the same as a loaf of bread for Lincoln 50 years later and again the same for J.P. Morgan 50 years after that.

·         The United States Federal Reserve System was created in 1913. The stated purpose of the Fed, by the definition taken from its own website, is to “conduct the nation’s monetary policy by influencing money and credit conditions in the economy in pursuit of full employment and stable prices.” Note that “stable prices” is another way of saying “stable dollar,” they are two sides of the same coin (couldn’t resist the pun).

·         After the Fed’s creation, from 1913 to 2008 (95 years), the value of the dollar, relative to the Consumer Price Index, decreased by 95%. A dollar could buy 95% fewer goods in 2008 than in 1913. Thus, if in 1913, you sat on your savings pile of $1,000,000 for 95 years, it would then be worth only $50,000 in purchasing power (it will have depreciated in value by 95%). One would now need to pay about 20X more than J.P. Morgan for one’s bread. Ask my mother how much the price of milk has increased just in the last ten years alone.

The Real Reasons Behind Fed Secrecy - Ron Paul House.gov 9/29/09

An audit would expose the Fed as a massive fraud perpetrated on this country, enriching a privileged few bankers at the top of our economic food chain, and leaving the rest of us with massively devalued dollars which we are forced to use by law. An audit would make people realize that, while Bernie Madoff defrauded a lot of investors for a lot of money, the Fed has defrauded every one of us by destroying the value of our money. An honest and full accounting of how the money system really works in this country would mean there is not much of a chance the American people would stand for it anymore.

86% of Economics professors during Great Depression supported ending the Federal Reserve - Examiner 10/6/09

The Anti-Fed Revolution Is Happening – Prison Planet 9/28/09

Is The Federal Reserve A Secret Society? – Prison Planet 10/8/09

The Man Who Sells America’s I.O.U.’s – NYTimes 8/23/09

PREVIOUS POSTS ON THE ECONOMY