While it is widely assumed that the too-big-to-fail banks in the US (and elsewhere) are beyond the criminal justice system – based on simple empirical fact – when the Attorney General of the United States openly admits to the fact that he is “concerned that the size of some of these institutions becomes so large that it does become difficult for us to prosecute them,” since, “it will have a negative impact on the national economy, perhaps even the world economy,” one has to stare open-mouthed at the state of our union. It appears, just as the proletariat assumed, that too-big-to-fail banks are indeed too-big-to-jail. Continue reading “Eric Holder: Some Banks Are So Large That It Is Difficult For Us To Prosecute Them”
Sen. Paul’s filibuster can be viewed live on CSpan 2. Senator Rand Paul is leading a one-man filibuster of John Brennan’s nomination to lead the CIA.
Senator Paul is on the Senate floor quoting Hayek, Montesquieu, Glenn Greenwald and an author at liberal blog FireDogLake in his effort to prevent Brennan’s nomination from going through. He says he will not stop until President Obama confirms that drones will not be used to target Americans on American soil. Continue reading “Rand Paul Filibusters Brennan Nomination”
Secretary of Defense Chuck Hagel met with Israeli Defense Minister Ehud Barak on Tuesday at the Pentagon to reassure him that the diplomatic window on Iran is closing and that, despite tough fiscal times in Washington, exorbitant amounts of aid to Israel would not be affected.
US corporate-financier funded think-tank, the American Enterprise Institute (AEI), declared in its “post-Chávez checklist for US policymakers,” that the US must move quickly to reorganize Venezuela according to US interests. Upon its checklist were “key demands”:
The ouster of narco-kingpins who now hold senior posts in government
The respect for a constitutional succession
The adoption of meaningful electoral reforms to ensure a fair campaign environment and a transparent vote count in expected presidential elections; and
The American Civil Liberties Union (ACLU) has launched a nationwide campaign to assess police militarization in the United States. Starting Wednesday, ACLU affiliates in 23 states are sending open records requests to hundreds of state and local police agencies requesting information about their SWAT teams, such as how often and for what reasons they’re deployed, what types of weapons they use, how often citizens are injured during SWAT raids, and how they’re funded. More affiliates may join the effort in the coming weeks. Continue reading “ACLU Launches Nationwide Police Militarization Investigation”
China National Petroleum Corp., the country’s biggest oil company, is seeking its first stake in the U.S. as Chinese explorers with $40 billion of cash try to join an energy renaissance unlocking billions of barrels of crude.
Amidst concerns that the agency is engaged in a domestic arms race against the American people, the Department of Homeland Security has signed a new $4.5 million dollar contract with weapons manufacturer Heckler & Koch.
NEW YORK — Mexico’s Carlos Slim remains the world’s richest man for the fourth year in a row, according to Forbes, while Warren Buffett dropped out of the top three for the first time since 2000.
A stopgap spending bill unveiled Monday to keep the government operating through Sept. 30 would not undo sequestration, but it would give the Defense Department flexibility in how to make $46 billion in reductions.
The House version of the so-called continuing resolution, needed to keep the government operating beyond March 27, represents a bit of pragmatism as lawmakers come to realize they cannot reach a compromise on deficit reduction and spending priorities if they face one crisis deadline after another. Continue reading “House agrees on bill to keep government running”
Behind the hoopla of the mainstream financial pundits, behind the forced exuberance of the talking heads on the business news networks, behind the shills who pimp themselves for Wall Street, there are, like a dark, ominous thunderstorm on the horizon that is the precursor to a dangerous rash of tornadoes soon to descend from the sky, chilling signs that the stock market is on its way to being taken down. If and when this happens, there are going to be trillions upon trillions of losses that will drive the final nail into the financial coffin for baby boomers, retirees, pension funds, and the world economy at large. Continue reading “Warning Clouds on the Horizon for World Markets”
Where are all of these giant sinkholes coming from? Of course there have always been sinkholes, but over the past few years it seems like both the severity and the number of giant sinkholes has been increasing dramatically. So exactly why are so many giant sinkholes appearing all over America all of a sudden? Is something happening to the earth’s crust, or is there some other explanation?