Pentagon Racks Up $35 Trillion In Accounting Changes In One Year

By Anthony Capaccio, Bloomberg.com -

The Pentagon made $35 trillion in accounting adjustments last year alone -- a total that’s larger than the entire U.S. economy and underscores the Defense Department’s continuing difficulty in [...]

25 People Occupy Chase Bank Branch In D.C. As Climate Activists Launch A Major New Campaign Targeting The Financial Industry

By Staff, Sierraclub.org -

WASHINGTON - Over twenty people occupied a Chase Bank branch in Washington, D.C. today to kick off Stop the Money Pipeline, a major new activist effort going after the financial industry’s [...]

The Financial Nuclear Option Will Settle Trump’s War With Iran

By Pepe Escobar, Asiatimes.com -

On foreign soil, as a guest nation, US has assassinated a diplomatic envoy whose mission the US had requested. The bombshell facts were delivered by caretaker Iraqi Prime Minister Adil [...]

Goldman Sachs Sees Stranded Assets: Rules Out Investment In Coal And Arctic Oil

By Staff, Ran.org -

San Francisco– Today, Goldman Sachs announced the strongest fossil finance restrictions of any major U.S. bank, though it still lags behind its leading global competitors. It also remains far [...]

Hope Lies In The Streets

By Chris Hedges, Truthdig.com -

Global finance capital has seized control of the economies of most nation-states. The citizens watch, helplessly, as money and goods are transferred with little regulation across borders. They [...]

Fed Up: The Impunity Of Central Banks

By Trevor Jackson, Dissentmagazine.org -

September 29, 2008, was one of the strangest days in the recent history of capitalism. The investment bank Lehman Brothers had failed two weeks earlier in the largest bankruptcy in U.S. history, [...]

Student Loan Debt: Unsafe In Any Amount

By Lynn Petrovich, Popular Resistance. -

If Americans were aware of the extent that student loan debt has been carved out to serve the pockets of the educational and financial industries as well as the government, they’d think twice [...]

How To Crush A Bankers’ Dictatorship

By Matthew Ehret, Strategic Culture. -

The western media has been hit with warnings of “financial Armageddon” and the need for a “global hegemonic synthetic currency” to replace the collapsing US dollar under a new system of green [...]

Is The Run On The Dollar Due To Panic Or Greed?

By Ellen Brown, Truthdig.com -

What’s going on in the repo market? Rates on repurchase (“repo”)  agreements should be about 2%, in line with the Federal Reserve funds rate. But they shot up to over 5% on Sept. 16 and got as [...]

Desperate Central Bankers Grab For More Power

By Ellen Brown, Web of Debt. -

Central bankers are acknowledging that they are out of ammunition. Mark Carney, the soon-to-be-retiring head of the Bank of England, said in a speech at the annual meeting of central bankers in [...]

Are Ordinary People In The United States Screwed? My Reply

By Jack Rasmus on his website. -

In short, the policies since 2008–both Obama’s and Trump’s–for ten years now have been subsidizing the rich, the elites, the owners of capital incomes like never before in US history. Tax cuts [...]

This London Firm Helps The Wealthy Hide Assets – Or Steal Them. Luckily We Have 15 Years Of Their Client Communications.

By Barrett Brown, Counterpunch.org -

It is my cheerful duty to announce the acquisition of around 85 gigabytes of leaked emails, phone calls, faxes, and other documents originating from the London-based tax shelter firm Formations [...]

The Cost Of Climate Change: Steve Keen Dismantles William Nordhaus

By Lambert Strether, Nakedcapitalism.com -

DICE stands for “Dynamic Integrated model of Climate and the Economy”. It’s the mathematical model from which Nordhaus derives the results noted in the previous figures. DICE is based on the [...]

A World Without Dollars? Are We Approaching The End Of America’s Financial Order?

By Staff, Astutenews.com -

In the last decade or so, the reputation of the U.S. dollar has been widely discredited because it is viewed by many governments around the world as a risky asset since the U.S. economy holds [...]

In Record US Expansion, Rich Get Richer And Others Not So Much

By Trevor Hunnicutt, Reuters. -

New York - Last month Pink Floyd frontman David Gilmour sold his guitar collection for $21.5 million, including one piece - his famed “Black Strat” Fender Stratocaster - that went for nearly $4 [...]