Alternative News Media
Voting | Politics
Like most of my projects I seem to run out of time before I can get them completely done. I was hoping to have a list of websites for you to go to so you could evaluate your politicians before you go to the polls next week. I only got to my politicians and then ran out of steam (see my research below). I will try to work on this over the weekend and post my results on Monday.
Current Michigan Elected Representatives
Current Michigan Elected Representatives
My Elected Officials, based on my districts
My Elected Officials, based on my districts
Sample Ballot for my district Charelvoix, Michigan
Sample Ballot for my district Charelvoix, Michigan
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open your Browser window to a large size. Click on the map below. Use the slider to show the annual job growth and job loss in every metro area in the country between 1999 and 2014.Highs And Lows Of The U.S. Economy Since 1999
I used to have a climbing harness that looked just like this:
Democracy Now! U.S. and World News Headlines for Thursday, October 30 [10:43]
DN | Showdown over Ebola: Will Quarantines of Healthcare Workers Harm the Fight Against Epidemic? (10/30/14) [20:59]
*DN | "The Red Cross' Secret Disaster": Charity Prioritized PR over People After Superstorm Sandy (10/30/14) [18:30]
*DN | Is Your Judge for Sale? Dark Money Groups Pour Millions into Judicial Races to Reshape Courts (10/30/14) [4:33]
Text for Ebola ShowdownTRNN | Hedges & Wolin: Can Capitalism and Democracy Coexist?, Part 5 (10/30/14) [23:33]
A debate is intensifying in the United States over quarantining healthcare workers who return from West Africa but do not show signs of Ebola. On Wednesday, Maine's governor said that he would seek legal authority to enforce a 21-day home quarantine on Kaci Hickox, a nurse who has tested negative for Ebola after treating patients in Sierra Leone. Hickox made national headlines when she publicly criticized New Jersey Gov. Chris Christie for quarantining her in a tent outside the hospital. Hickox said she would challenge Maine's restrictions just as she did in New Jersey. "I completely understand that the state's purpose is to protect the state of Maine," Hickox said last night. "I have worked in public health for many years, and that has always been my purpose, as well, but we have to make decisions on science, and I am completely healthy." To discuss the debate, we speak to Lawrence Gostin, professor and faculty director at the O'Neill Institute for National and Global Health Law at Georgetown University. He is also the director of the World Health Organization Collaborating Center on Public Health Law.
TRNN | Oligarchs Consolidate Power in Ukraine After Parliamentary Elections , Part 1 (10/30/14) [13:04]
John OliverHBO | John Oliver: Ayn Rand - How Is This Still A Thing? () [3:41]
Don't let the John Birch Society logo put you off, I actually don't agree with most of their platform, but the information , the conservative journalist, Gary Allen organized in his book "None Dare Call It Conspiracy", and presented in this lecture, is amazingly.*None Dare Call It Conspiracy by Gary Allen (1972) [1:03:51]
In this book, Congressmen Schmitz says in the Introduction, "The story you are about to read is true." Allen goes on to assert that the present political and economic systems in most developed nations are the result of a sweeping conspiracy by the Establishment's power elite, which started in the early 1900s. According to this theory, this has been a four-step process:
The article below is real, but I find it very disappointing. Yet again mega corporations obliterate the facts.
Co-Founder of The Weather Channel: Global Warming Is a Complete Hoax
John Coleman, meteorologist and co-founder of The Weather Channel, told Megyn Kelly tonight that he doesn't believe global warming is real and laughed out loud at anyone who buys into what Al Gore is selling.
Coleman recently wrote an open letter arguing, "There is no significant man-made global warming at this time, there has been none in the past and there is no reason to fear any in the future." He told Kelly it's tough to get a media platform these days when you're a climate skeptic "ever since Al Gore made it a plank of the Democratic Party." ...
The Weather Channel Companies, owners of television's Weather Channel and weather.com, would buy one of its rivals, Weather Underground. (07/03/12) (NYTimes)
Evelyn de Rothschild and Lynn Forester de Rothschild said they are buying a majority (70%) stake in weather-data service Weather Central L.P., marking a significant expansion of the Rothschilds' investments into media and information. (01/31/11) (WSJ)
The Weather Channel was purchased more than two years ago in a $3.5 billion deal led by NBC Universal and private-equity firms Blackstone Group and Bain Capital.
What Happens If You Have No Welfare and No Job?
A few weeks ago I wrote about how the welfare reform of the 1990s led to many poor mothers being kicked off welfare rolls. While some poor adults could still receive help from food stamps and disability insurance, the "Personal Responsibility and Work Opportunity Reconciliation Act" dramatically cut how much cash aid they could collect. The hope was that they would find work, but many didn't.
Meanwhile, spending on Temporary Assistance for Needy Families, or TANF, the only cash assistance program that non-disabled, non-elderly, poor single mothers are eligible for, has dropped precipitously: It was lower in 2007 than it had been in 1970.
... The Urban Institute recently released a fascinating new qualitative study that aims to answer that very question. Relying on 90-minute interviews with 29 unmarried women in Los Angeles and 22 in southeast Michigan, the nonprofit examined the lives of these so-called "disconnected" women--meaning they get neither income from work nor TANF money. (About one in eight low-income single mothers was disconnected in 1996, when welfare reform was first implemented, but about one in five was disconnected in 2008.) ... Read more
China "Ghost Town Index" - Here Are China's 10 "Ghastliest" Cities
Who can forget China's ghost city of Ordos: back in late 2009, when the hollow shell behind China's torrid growth was first revealed to the world, the city near China's Mongolia border was cooler talk for weeks. Fast forward five years later, and Ordos is all but forgotten, having been eclipsed by a veritable army of much bigger "ghosts" that make up the "ghost town network" - a list of cities created by the China Investment Network, a business newspaper in Beijing, to determine which cities were the most ghostly. ...
Democracy Now! U.S. and World News Headlines for Wednesday, October 29 [12:57]
DN | Will Mike Brown's Killer Avoid Charges in Ferguson? Cops Stockpile Riot Gear Amid "Troubling" Leaks (10/29/14) [13:49]
*DN | Is Filming a Police Officer a "Domestic Threat"? Austin Activist on Trial for Videotaping an Arrest (10/29/14) [9:45]
*TRNN | Welfare's Stigma in White Working-Class America (10/29/14) [10:38]
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*TRNN | Public health expert Allyson Pollock explains how poverty, sanitation and infrastructure contribute to ebola's death toll in West Africa (10/29/14) [10:55]
*TRNN | Journalist Max Blumenthal discusses the situation in Jerusalem and the reconstruction plans for Gaza (10/29/14) [12:33]
TYT | Weather Channel Founder On Climate Change (10/28/14) [9:42]
TYT | Global Warming Is Our Eugenics Says Hot Air Expert (10/28/14) [8:41]
TYT | Scott Walker Hides His Equal Pay Record Behind This Lying Smile (10/28/14) [8:26]
China's Ghost CitiesChina's Unbelievable Ghost City on the Coast! (06/19/14) [6:48]
Nanhui, formally known as Lingang New City and Luchao Harbor City, is a massive new city that's being built 60 km from central Shanghai. Right now, the place is in the "ghost city" phase of development, but is rapidly moving towards being inhabited. It is slated to be fully functioning by 2020.
The ordered lines of Jerome, Idaho (population: 10,000) start to disintegrate as you approach those parts of town that teeter on the edge of the Snake river canyon. Here the homes are "unregulated and unzoned", says photographer Michael Light.Click to zoom - for bigger image
New Study: Global Warming Has Doubled The Risk Of Extreme Winters In Europe
Global warming has doubled the chances that any given winter in Europe or northern Asia will be unusually severe, according to new research.
Specifically, temperatures have risen at the poles much faster than around the rest of the planet, leading to the collapse of Arctic sea ice coverage and altering weather patterns in the northern hemisphere. The research was recently published in Nature Geoscience, and relied on a the combined output of 100 different simulations -- "the most comprehensive computer modeling study to date," as The Guardian put it. ... Read more
Inside the New York Fed: Secret Recordings and a Culture Clash
After interviews with dozens of New York Fed employees, Beim learned something that surprised even him. The most daunting obstacle the New York Fed faced in overseeing the nation's biggest financial institutions was its own culture. The New York Fed had become too risk-averse and deferential to the banks it supervised. Its examiners feared contradicting bosses, who too often forced their findings into an institutional consensus that watered down much of what they did. ... Read moreNPR | The Secret Recordings of the FED and Goldman Sach by Carmen Segarra (09/26/14) [62:24]
NPR This American Life
Ira introduces Carmen Segarra, a bank examiner for the Federal Reserve in New York who, in 2012, started secretly recording as she and her colleagues went about regulating one of the most powerful financial institutions in the country. This was during a time when the New York Fed was trying to become a stronger regulator, so that it wouldn't fail to miss another financial crisis like it did with the meltdown in 2008. As part of that effort to reform, the Fed had commissioned a highly confidential report, written by Columbia professor David Beim, that identified why the regulator failed in the years leading up to the crisis. Beim laid out specific recommendations for how the Fed could fix its problems. Carmen's recordings allow us to see if the Fed successfully heeded those recommendations more than two years later. What we hear is not reassuring.
Secret Recordings Inside The Federal Reserve Prompt Elizabeth Warren To Call For Investigation
Sens. Elizabeth Warren (D-MA) and Sherrod Brown (D-OH) want to investigate the Federal Reserve's relationships with the banks it oversees after the release of taped conversations between managers and a former bank examiner at the Fed.
... Segarra says she began making the tapes after her own colleagues tried on multiple occasions to cajole her into changing her notes from meetings with Goldman Sachs executives because they didn't want an official record of some of the executives' comments about the bank's willingness to bend the rules. ...
... The tapes document the former examiner's experience pushing for a tougher approach to Goldman Sachs and being rebuffed by members of the team who had been there much longer. The audio recordings, published last week by This American Life and Pro Publica, appear to indicate that the Federal Reserve Bank of New York continues to have too cozy a relationship with the private bankers it is supposed to supervise despite an internal 2009 report that documented serious problems with how the Fed ran its oversight division in the run-up to the financial crisis. ... Read moreClick to zoom - for Article text
Democracy Now! U.S. and World News Headlines for Tuesday, October 28 [7:45]
DN | Attack on Canadian Parliament Fuels "Anti-Terror" Laws, Ignoring Ties to Mental Illness, Drug Abuse (10/28/14) [20:56]
*DN | As Indonesia's New President Takes Office, Cabinet Includes Officials Tied to Atrocities of Old (10/28/14) [15:11]
*DN | Monsanto, BigAg Spend Millions Fighting Colorado, Oregon Ballot Measures to Label GMO Foods (10/28/14) [10:28]
TRNN | Hedges & Wolin: Can Capitalism and Democracy Coexist?, Part 4 (10/28/14) [26:47]
*TRNN | Larry Wilkerson: Nuclear Agreement with Iran May Become Midterm Election Fodder in Congress (10/28/14) [10:42]
TRNN | Michael Fox of teleSUR: A Narrow Victory for President Dilma Rousseff in Brazil (10/28/14) [8:16]
Jon StewarTJon Stewart | "Forgetting to Be Afraid" author and gubernatorial candidate Wendy Davis expresses hope that Texas is gradually becoming more liberal. (10/27/14) [4:47], Part 2 [5:46]
Jon Stewart | Democalypse 2014 - South by South Mess: Malady on 34th Street (10/16/14) [8:28]
Ring of FireRing of Fire | Ring of Fire full episode(10/27/14) [57:00]
Billionaires Answer Call To Donate To Republican Super PACs For 2014 Homestretch
Billionaires are rushing to the aid of Republicans in the homestretch of the 2014 elections with a massive super PAC infusion after a plea from big money mastermind Karl Rove.
On Sept. 17, Rove, the co-founder of the super PAC and dark money duo American Crossroads and Crossroads GPS, took to the Wall Street Journal editorial page to send out his billionaire bat-signal.
... Since Rove's plea, 21 billionaires and their family members have poured $19.9 million into super PACs backing Republican Party candidates, fueling an October outside spending surge. Only $5.1 million was given to the Republican super PACs in the first half of September, before Rove's request. ... Read more
Arctic Ice Melt Seen Doubling Risk of Harsh Winter in EU
The decline in Arctic sea ice has doubled the chance of severe winters in Europe and Asia in the past decade, according to researchers in Japan.
Sea-ice melt in the Arctic, Barents and Kara seas since 2004 has made more than twice as likely atmospheric circulations that suck cold Arctic air to Europe and Asia, a group of Japanese researchers led by the University of Tokyo's Masato Mori said in a study published yesterday in Nature Geoscience. ... Read more
Another Deutsche Banker And Former SEC Enforcement Attorney Commits Suicide
Back on January 26, a 58-year-old former senior executive at German investment bank behemoth Deutsche Bank, William Broeksmit, was found dead after hanging himself at his London home, and with that, set off an unprecedented series of banker suicides throughout the year which included former Fed officials and numerous JPMorgan traders. Following a brief late summer spell in which there was little if any news of bankers taking their lives, as reported previously, the banker suicides returned with a bang when none other than the hedge fund partner of infamous former IMF head Dominique Strauss-Khan, Thierry Leyne, a French-Israeli entrepreneur, was found dead after jumping off the 23rd floor of one of the Yoo towers, a prestigious residential complex in Tel Aviv. Just a few brief hours later the WSJ reported that yet another Deutsche Bank veteran has committed suicide, and not just anyone but the bank's associate general counsel, 41 year old Calogero "Charlie" Gambino, who was found on the morning of Oct. 20, having also hung himself by the neck from a stairway banister Read more
$20 Billion Later Halliburton Moves Headquarters to Dubai
Business must be slowing down in Iraq. After booking over $20 billion in revenues from its work in Iraq, some on no bid contracts and now under Congressional scrutiny for both the quality of its work and billing practices, Halliburton, Dick Cheney's old company, is moving its headquarters from Houston to Dubai. The company together with its KBR unit has been the Pentagon's largest contractor in Iraq.
The move is being met with outrage on Capitol Hill. Senator Patrick Leahy (D. Vermont) and chairman of the judiciary committee voiced his anger, "This is an insult to the U.S. soldiers and taxpayers who paid the tab for their no bid contracts and endured their overcharges for all these years". ... Read more
Ring of FireRing of Fire | Ring of Fire full episode(10/19/14) [56:30]
Democracy Now! U.S. and World News Headlines for Monday, October 27 [9:21]
*DN | Back from West Africa, a U.S. Nurse Says Quarantining Medical Workers Threatens Ebola Response (10/27/14) [11:56]
*DN | From Fear-Mongering to Crippling Debt, Lapses in Politics and Health Hurt Global Effort on Ebola (10/27/14) [19:33]
Good Old Dick CheneyTYT | Finally, A Reporter Challenges Dick Cheney & It's... Megyn Kelly? (06/19/14) [6:41]
TheLipTV | 9/11 and the Cheney Conspiracy with Michael Ruppert, Part 2 (03/05/13) [49:23]
TheLipTV | "Collapse" Author, Michael Ruppert on Dorner, Peak Oil and more, Part 1 (02/28/13) [49:20]
Bill Moyers - http://billmoyers.com/Bill Moyers | Two experts on American elections talk to Bill about the plot to keep citizens away from the ballot box. (10/24/14) [25:23]
John OliverJohn Oliver Calls Out Sugar Industry (10/26/14) [11:34]
TRNN | Costas Lapavitsas speaks: The Financialization of Life, Part 3 (10/26/14) [16:14]
TRNN | Costas Lapavitsas speaks: The Financialization of Life, Part 4 (10/26/14) [14:33]
TYT | In The Battle Of Billionaires, Karl Rove Wins And America Loses (10/26/14) [6:47]
TYT | Most Hated Government By Its Own People? The Winner Is... (10/25/14) [8:48]
TYT | Conservatives Trust News Like This, Liberals Trust News Like That (10/25/14) [9:20]
TYT | Federal Reserve Head Breaks Down Inequality (10/25/14) [6:09]
TYT | War On Drugs + War On Terror = Boom Times For Opium Trade (10/25/14) [4:24]
Why Spain's Poor Fear Goldman Sachs
Last year Madrid's city and regional governments sold almost 5,000 rent-controlled flats to private equity investors including Goldman Sachs and Blackstone. At the time, the tenants were told their rental conditions would remain the same.
Jamila Bouzelmat is one of them. The mother of six lives in a four-bedroom flat on the outskirts of the Spanish capital that was bought jointly by Goldman and a Spanish firm. The 44-year-old said that until March her family paid 58 euros ($73) a month in rent out of her husband's 500-euro unemployment benefit. In April, her bank statement shows, her new landlords suddenly took 436 euros from her bank account. ... Read more
*Banker Suicides Return: DSK's Hedge Fund Partner Jumps From 23rd Floor Apartment
The summer, thankfully, has been largely bereft of the dismal trend of bankers committing suicide, but as Bloomberg reports, Thierry Leyne, a French-Israeli banker and partner of Dominique Strauss-Kahn, the disgraced former chief of the IMF, was found dead Thursday after apparently taking his own life by jumping off the 23rd floor of one of the Yoo towers, a prestigious residential complex in Tel Aviv. This is the 16th financial services executive death this year. ...
*Gary Webb Was Right
Once again the paper has decided to focus on discrediting a fellow journalist instead of deepening the analysis of the story he highlighted. Gary Webb put a spotlight on the CIA and the Reagan administrations unholy alliance with anti communist guerrilla groups and their supporters who were involved in drug trafficking.
Webb's reporting uncovered the story of how tons of cocaine were shipped into San Francisco by supporters of the CIA backed Contras and then distributed down to LA to a Nicaraguan named Danilo Blandon who sold it to a street dealer from South Central, Freeway Rick Ross. ... Read more
Climate Change Is Kicking the Insurance Industry's Butt
In the months after Hurricane Sandy, insurance companies spooked by rising seas dropped coastal policies in droves.
... Certainly the threat is real. Globally, average annual weather-related losses have increased more than tenfold in the last several decades, from $10 billion per year in the period 1974-1983 to $131 billion in 2004-2013, according to the report. The insurance industry is not keeping pace: The proportion of those damages that are insured is steadily declining. ... Read more
Democracy Now! U.S. and World News Headlines for Friday, October 24 [12:49]
*DN | Former Weapons Inspector in Iraq Raises Skepticism over Claims Iran Is Hiding Nuclear Weapons Tests (10/24/14) [14:44]
*DN | European Privacy in the Age of Snowden: We Need a Debate About What Intelligence Agencies Are Doing (10/24/14) [10:16]
*DN | Obama Promised a "World Without Nuclear Weapons," But May Now Spend $3 Trillion on Weapons Upgrades (10/24/14) [15:46]
*TRNN | Patrick Cockburn the author: Kurdish Fighters Regain Kobani... The coalition is not what it appears to be. (10/24/14) [12:55]
*TRNN | Hedges & Wolin: Can Capitalism and Democracy Coexist?, Part 3 (10/24/14) [22:22]
TRNN | Costas Lapavitsas speaks: The Financialization of Life, Part 2 (10/24/14) [12:44]
Stephan CobertStephen Colbert | The New York Times reports that thousands of chemical weapons were found in Iraq, causing Stephen to party like it's 2003. (10/16/14) [5:05]
TYT | Good Ebola News: Dallas Nurse Cleared (10/23/14) [2:11]
TYT | Fox News To Chrissy Teigen: Stick To Having A Nice Ass (10/23/14) [4:17]
TYT | Young Hot Women Should Date, Not Vote, Says Fox News (10/23/14) [5:14]
Chris Hayes - All InChris Hayes | NYC Ebola patient had contact with 3 friends (10/23/14) [8:22]
Chris Hayes | Is Bellevue Hospital ready to handle an Ebola patient (10/23/14) [7:40]
Chris Hayes | Fmr. Surgeon General: everyone has to be on alert (10/23/14) [4:49]
The High Price of Free Money: Now US Bankers Fear Financial, Social, or Political 'Instability'
Something is changing about the perception of the Fed's free-money policies. While we've lambasted them for their nefarious effects on the real economy and the inequality they produce, Wall Street, the prime beneficiary, has been bombastically gung-ho about them. And the mainstream media have praised the Fed's "bold action," as it's called, at every twist and turn.
But now even Wall Street is getting cold feet. The official warning shot came from Fed Chair Janet Yellen, who admitted suddenly that "the extent of and continuing increase in inequality in the United States greatly concern me." Then bankers chimed in. FICO, which produces the infamous credit score, found in its latest survey of North American bank risk managers that 62% of them thought "the wealth gap poses a growing risk to the financial system."Click to zoom - for bigger image
Without thriving consumers, the American economy that is so dependent on them will continue to languish. Just adding more consumers to the mix may increase overall consumer spending, and stirring up inflation may cover up the issue. But as the majority of individual consumers falls further behind, the risks of financial, social, or political "instability" might be looking ever more plausible to those bankers. ... Read more
Canada's parliament attacked, soldier fatally shot nearby
A gunman attacked Canada's parliament on Wednesday, with gunfire erupting near where Prime Minister Stephen Harper was speaking, and a soldier was fatally shot at a nearby war memorial, stunning the Canadian capital.
The gunman in the parliament building was shot dead, and Harper was safely removed in incidents that may have been linked to Islamic militants. ... Read more
The Science of Fox News: Why Its Viewers Are the Most Misinformed
In June of 2011, Jon Stewart went on air with Fox News' Chris Wallace and started a major media controversy over the channel's misinforming of its viewers. "Who are the most consistently misinformed media viewers?" Stewart asked Wallace. "The most consistently misinformed? Fox, Fox viewers, consistently, every poll."
The author's goal here is to explore the underlying causes for this "Fox News effect"--explaining how this station has brought about a hurricane-like intensification of factual error, misinformation and unsupportable but ideologically charged beliefs on the conservative side of the aisle. ... Read more
Why Conservatives Opt for Propaganda Over Reality
Conservatives are consuming a right-wing media full of lies and misinformation, whereas liberals are more interested in media that puts facts before ideology.
Pew Research set out to find what's behind what it considers the increasing political polarization of the United States; why the country is moving away from political moderation and becoming more and more divided between liberals and conservatives. Its first report on the phenomenon, which examines where people are hearing news and opinion in both regular and social media, shows that this is happening for very different reasons among people moving to the right than for people moving to the left.
Or that's the charitable way to put it. The less charitable way is to say Pew discovered that conservatives are consuming a right-wing media full of lies and misinformation, whereas liberals are more interested in media that puts facts before ideology. It's very much not a "both sides do it" situation. Conservatives are becoming more conservative because of propaganda, whereas liberals are becoming more liberal while staying very much checked into reality. ... Read more
Democracy Now! U.S. and World News Headlines for Thursday, October 23 [5:52]
*DN | Citizenfour: Inside Story of NSA Leaker Edward Snowden Captured in New Film by Laura Poitras (10/23/14) [9:51]
"At this stage I can offer nothing more than my word. I am a senior government employee in the intelligence community. I hope you understand that contacting you is extremely high risk ... This will not be a waste of your time." This was one of the first messages Edward Snowden wrote to filmmaker Laura Poitras beginning an exchange that helped expose the massive surveillance apparatus set up by the National Security Agency. Months later, Poitras would meet Snowden for the first time in a Hong Kong hotel room. Poitras filmed more than 20 hours of footage as Snowden debriefed reporters Glenn Greenwald and Ewen MacAskill. That footage -- most unseen until now -- forms the backbone of Poitras' new film, "Citizenfour." She joins us to talk about the film and her own experience with government surveillance. The film is the third installment of her 9/11 trilogy that also includes "My Country, My Country" about the Iraq War and "The Oath" about the U.S. military base at Guantánamo Bay, Cuba. Poitras' NSA reporting contributed to a Pulitzer Prize for Public Service awarded to The Guardian and The Washington Post.*DN | Jeremy Scahill: Blackwater Execs Remain Free as Guards Convicted for Killing 14 Iraqis in Massacre (10/23/14) [7:47]
*TRNN | Hedges & Wolin: Can Capitalism and Democracy Coexist?, Part 2 (10/23/14) [25:14]
Journalist Chris Hedges interviews political philosopher Sheldon Wolin, who says democracy requires continuous opposition and vigilance by the citizenry.*TRNN | Reese Erlich, Freelance Correspondent and Author of Inside Syria, says the irony in the support to the Kurds in Kobani is that PKK is considered a terrorist organization by the US (10/23/14) [25:14]
TYT | Colorado Teens Try To Run Away To Join ISIS (10/22/14) [7:27]
TYT | Canada Attacked - The Gun Law Role & The 'Terrorism' Question (10/22/14) [10:36]
TYT | Why This Man Scares Republicans Out Of Their Piss-Soaked Pants (10/22/14) [4:25]
TYT | Politico & BP Blatantly Conspire To Hide BP's Devastating Oil Spill (10/22/14) [5:17]
Canadian Capital On Lock Down As A Result Of Ongoing "Terrorist" Shooting Incident
At least two people are injured, including a soldier, after shots were fired in the Parliamentary precinct in Ottawa on Wednesday morning; one shooter is dead and police suspect as many as two others are on the loose.
A dark-clothed gunman fired the shots just before 10 a.m. at the Canadian War Memorial, where a uniformed soldier was shot. The gunman then fled for Parliament Hill, where he unleashed more gunfire inside Centre Block. ...
New poll from the Democratic firm Public Policy Polling. In its fifth trust poll, 35 percent said they trusted Fox news more than any other outlet, followed by PBS at 14 percent, ABC at 11 percent, CNN at 10 percent, CBS at 9 percent, 6 percent for MSNBC and Comedy Central, and just 3 percent for NBC.
Permanent Damage to US Economy-Michael Snyder
Michael Snyder is a self-proclaimed "truth-seeker" and financial writer who says there is no recovery on Main Street, and we are not going to get one--ever. Snyder contends, "We've had permanent damage to the U.S. economy. ...
... By the time President Obama's eight years are over, we are on pace to approximately double the size of the national debt from $10.6 trillion to more than $20 trillion. What we are doing is absolute insanity. . . . We are going to suffer the consequences for so much of this. As far as the time window, I believe the next 12 to 15 months are going to be the most interesting time economically and as a nation as I have ever seen." ...
Apple Beats Top And Bottom Line, Repurchases Record $45 Billion In Stock In Fiscal 2014.
Harley Bassman: "The Fed Is Trying To Land A Jumbo Jet On A Football Field"
In Harley Bassman latest news letter, in which he picks up on his favorite topic: implied volatility in rates, and the arbitrage opportunities it provides courtesy of epic risk mispricing in the current quote-unquote market, courtesy of the Fed's 6 year+ centrally-planned manipulation of, well, everything. ... Read more
Wall Street Is One Sick Puppy - Thanks To Even Sicker Central Banks
Last Wednesday the markets plunged on a vague recognition that the central bank promoted recovery story might not be on the level. But that tremor didn't last long.
Right on cue the next day, one of the very dimmest Fed heads--James Dullard of St Louis---mumbled incoherently about a possible QE extension, causing the robo-traders to erupt with buy orders. By the end of the day Friday, with the market off just 5% from its all-time highs, the buy-the-dips crowd was back, proclaiming that the "bottom is in". This week the market has been energetically retracing what remains of the October correction. ... Read more
Democracy Now! U.S. and World News Headlines for Wednesday, October 22 [7:01]
*DN | In U.N. Speech, Noam Chomsky Blasts United States for Supporting Israel, Blocking Palestinian State (10/22/14) [18:23],
Part 2 [15:47]
How is Money Made | How Much Debt Do We Have*Demonocracyinfo | US Debt in Physical $100 bills [2:10]
*Mike Maloney | How is Money Made (and Who Benefits) [29:34] (start at 1:11)
*TRNN | Hedges & Wolin: Can Capitalism and Democracy Coexist? (10/22/14) [20:25]
Journalist Chris Hedge interviews political philosopher Sheldon Wolin, who says democracy requires continuous opposition and vigilance by the citizenry.*TRNN | Costas Lapavitsas speaks: The Financialization of Life (10/22/14) [16:34]
TYT | Bill O'Reilly Explains Dem Voting - It's Not Him, It's You (10/21/14) [5:51]
TYT | Sarah Palin's PAC Is A Massive Million Dollar Scam (10/21/14) [4:14]
TYT | Corrupt Congressman Threatens Critics With More Corruption (10/21/14) [6:32]
TYT | Republicans Love Latinos, Except When Hating Them Gets More Votes (10/21/14) [5:53]
TYT | Obamacare Worst Nightmare Hilariously Coming True For Republicans (10/21/14) [3:11]
National Debt*Demonocracyinfo | US Debt in Physical $100 bills [2:10]
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FED - Federal ReserveThe Federal Reserve Explained In 7 Minutes [7:06]
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Crash Course - Debt, Chp 13 [14:19]
Banksters | FED | Money | Debt*Mike Maloney | The Biggest Scam In The History Of Mankind - Hidden Secrets of Money 4 [29:34]
Derivatives*Brookley Born: Derivatives still a ticking time bomb! Sept 2011 () [11:42]
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*Derivatives Held by the Different Banks
*DN | All the President's Bankers: Nomi Prins on Secret History of Washington-Wall Street Collusion (04/08/14) [17:47], Part 2 [4:17]
Quarterly Report on Bank Derivatives Activities.pdf
OCC's Quarterly Report on Bank Trading and Derivatives Activities.pdf
Another Month, Another Global Heat Record Broken
Earth is on pace to tie or even break the mark for the hottest year on record, federal meteorologists say. That's because global heat records have kept falling in 2014, with September the latest example.
The National Oceanic and Atmospheric Administration announced Monday that last month the globe averaged 60.3 degrees Fahrenheit (15.72 degrees Celsius). That was the hottest September in 135 years of record keeping.
It was the fourth monthly record set this year, along with May, June and August. ... Read more
Tornadoes Increasingly Coming In Swarms In United States, Study Says
Tornadoes in the United States are increasingly coming in swarms rather than as isolated twisters, according to a study by U.S. government meteorologists published on Thursday that illustrates another trend toward extreme weather emerging in recent years.
Looking at tornado activity over the past six decades, the study in the journal Science found the total number of tornadoes annually remaining rather steady, averaging 495. Since the 1970s, there have been fewer days with tornadoes but plenty more days with many of them, sometimes dozens or more.
On the list of the 10 single days with the most tornadoes since 1954, eight have occurred since 1999, including five since 2011. That year alone had days with 115, 73, 53 and 52 twisters. ... Read more
California Drought Worsened By Climate Change, Scientists Say
California's catastrophic drought has most likely been made worse by man-made climate change, according to a report released Monday by Stanford University, but scientists are still hesitant to fully blame the lack of rain on climate change.
The research, published in the Bulletin of the American Meteorological Society as part of a collection of reports on extreme weather events in 2013, is one of the most comprehensive studies linking climate change and California's ongoing drought, which has caused billions of dollars in economic damage. ... Read more
"Anti-Petrodollar" CEO Of French Energy Giant Total Dies In Freak Plane Crash In Moscow
Three months ago, the CEO of Total, Christophe de Margerie, dared utter the phrase heard around the petrodollar world, "There is no reason to pay for oil in dollars," as we noted here. Today, RT reports the dreadful news that he was killed in a business jet crash at Vnukovo Airport in Moscow after the aircraft hit a snow-plough on take-off. The airport issued a statement confirming "a criminal investigation has been opened into the violation of safety regulations," adding that along with 3 crewmembers on the plane, the snow-plough driver was also killed. ... Read more
Europe Demands Banks Hand Over Their Lunch Money Following Swiss Franc Libor Rigging
Having confirmed that RBS, UBS, JPMorgan,,and Credit Suisse operated a cartell to manipulate bid-ask spreads of Swiss Franc libor, the European Commission has unleashed unmerciless vengeance on these law-breaking institutions:
JPMorgan fined EUR 72.2 Million, UBS fined EUR 12.7 Million, Credit Suisse fined EUR 9.17 Million, & RBS Nothing (for whistle-blowing).
The commission found that these four entities 'influenced' interest rate derivatives prices between March 2008 and July 2009 - probably the most volatile and price-sensitive period of American financial history.. and they get fined "an hour's pay?" Nothing ever changes... Read moreClick to zoom - for bigger image
Democracy Now! U.S. and World News Headlines for Tuesday, October 21 [13:26]
*DN | After Ignoring ISIS Assault on Kobani, U.S. Launches Major Strikes & Arms Turkey's Kurdish Foes (10/21/14) [15:06]
*DN | Former U.N. Special Rapporteur Richard Falk on the Legitimacy of Hope in the Palestinian Struggle (10/21/14) [16:19]
John OliverHBO | Last Week Tonight with John Oliver: Translators (10/19/14) [16:06]
HBO | Last Week Tonight with John Oliver: Supreme Court (10/19/14) [5:39]
TRNN | Journalist Sharif Kouddous: What direction is Egypt headed, several years after the Revolution? (10/20/14) [24:59]
TRNN | Kurt Lambeck, Professor of Geophysics: Study Finds Sea Levels Rising at an Unprecedented Rate (10/20/14) [10:44]
TYT | Panic Over Ebola Outbreak Goes Viral In America (10/20/14) [7:37]
TYT | Could You Forgive Him Like Michelle Knight Did? (10/20/14) [6:17]
TYT | Citizen Pulls Over Cop, Demands ID & It's Amazing (10/20/14) [10:44]
*TYT | White Privilege Even Applies To Riots - The Proof Is In The Pumpkins (10/20/14) [9:45]
TYT | CNN Axes 150 Jobs & Several Shows In 'Painful Week' (10/20/14) [5:11]
TYT | Chuck Todd Asks A Question Even A Journalist Would Ask (10/20/14) [3:12]
TYT | Russell Brand Must Choose: Trump, Hannity Or Piers Morgan? His Answer Is Perfect (10/20/14) [2:54], Part 2 [1:59]
TYT | Study Proves 70% Of Art Sold Are Fakes (10/19/14) [6:50]
Living The Grecovery Dream: Two Jobless Parents, Two Kids, One Cat All Living In A Car
This is an article of a Greek Family that is living in their car. But, it reminds us that it could be anyone of us if we suddenly have an life changing crisis. We all need help sometime in our life!
Squeezed between steering wheel, handbrake, door and dashboard, Katerina reads in her history book, takes notes for school. Next to her, on the driver's seat, cat Eddy stares right in the camera lens. It may look like a cute snapshot on a sunny day, if it wasn't for a sad detail: a withering spring stuck in a roll of toilet paper. A distinctive memory of a former normal life that turned into a grim reality for a family of four. ... Read more
The Conference Board forecasts that China's annual growth will slow to an average of 5.5% between 2015 and 2019, compared with last year's 7.7%. It will downshift further to an average of 3.9% between 2020 and 2025, according to the report.
Why Chinese Growth Forecasts Just Crashed To A Paltry 3.9% - And Are Going Even Lower - In One Chart
Up until a few years ago, conventional wisdom was that China would grow at nearly double digits as long as the eye could see. Then, however, something happened, and China's 9% growth became 8%, then 7% and even lower, as suddenly the Politburo made it quite clear China would not chase growth at any cost, especially when the cost is trillions in bad debt and other NPLs, as we have explained time and again. The collapse in Chinese growth expectations is shown best on the following formerly hockeysticking chart of IMF's revised Chinese growth projections which has completely collapsed in the past few years. ...
E-WasteBAN | Exporting Harm: The High-Tech Trashing of Asia (2013) [23:03]
Dateline | E-Waste Hell (09/25/11) [17:44]
Democracy Now! U.S. and World News Headlines for Monday, October 20 [13:04]
DN | "Women Are Being Driven Offline": Feminist Anita Sarkeesian Terrorized for Critique of Video Games (10/20/14) [20:01]
Bill MoyersBill Moyers | Pulitzer Prize-winning author Marilynne Robinson talks to Bill about what the title character of her new book Lila, says about the state of democracy in America. (10/17/14) [25:16]
Senator Elizabeth WarrenSen. Elizabeth Warren: Banking Hearing on Income Inequality (09/17/14) [10:09]
Sen. Elizabeth Warren: Sen. Warren asks Fed Chair Yellen about efforts to end TBTF (To Big To Fail) (07/15/14) [7:30]
California DroughtStunning Scenes From California's Central Valley Drought, New Yorker
*TRNN | Deepa Kumar: Culture of the National Security State, Part 5 (10/19/14) [16:54]
*TYT | Raising The Minimum Wage Would Save Billions (10/19/14) [6:43] *TYT | Military Selling Planes For Scrap Metal (10/19/14) [5:19]
TYT | Honest Politician Reveals The Worst Part Of The Job - 'We Hate It' (10/19/14) [4:06]
TYT | On Obama: Elizabeth Warren vs Howard Fineman (10/19/14) [10:23]
Chris HayesU.S. Army Col. Lawrence Wilkerson: FOX News and GOP Exploiting American's Fears (10/18/14) [7:27]
Now Comes The "Specter Of Deflation": The Money Printers' Latest Scam
The Fed's public relations firm of Hilsenrath & Blackstone was out this morning with the official line on the market's tremors of recent days. It seems that $10 trillion in freshly minted digital money at the world's major central banks over the last eight years---that is, a tripling of their balance sheets to $16 trillion--- is not enough. Not only is 2% inflation still MIA, but it now threatening to enter the dark side: Behind the spate of market turmoil lurks a worry that top policy makers thought they had beaten back a few years ago: the specter of deflation. Never mind that there is nothing close to a sustained run of negative consumer price indices anywhere in the world. ... Read more
Sorry, California. Winter Isn't Going to Fix Your Drought.
California's crippling drought is not expected to improve over the winter, according to new forecast data released today by the National Oceanic and Atmospheric Administration.
Nearly 60 percent of the state is experiencing exceptional drought--the worst category--NOAA reported. The map above shows that the northern California coast could see some improvement. But in the Central Valley, a critical source of fruits, nuts, and vegetables for the whole country, conditions won't be getting better any time soon. A little rain is expected, NOAA forecaster Mike Halpert said in a statement, but not enough to reverse the trend. ...
News at a Glance
Insiders Blame Rove for Covering Up Iraq's Real WMD
Starting in 2004, some members of the George W. Bush administration and Republican lawmakers began to find evidence of discarded chemical weapons in Iraq. But when the information was brought up with the White House, senior adviser Karl Rove told them to "let these sleeping dogs lie." ...
... According to Wurmser, "in 2005-6, Karl Rove and his team blocked public disclosure of these (findings) and said 'Let these sleeping dogs lie; we have lost that fight so better not to remind anyone of it.'" ... Read moreRate of Mass Shootings Has Tripled Since 2011, Harvard Research Shows
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Severe Solar Storm Damage Could Top $2 Trillion
According to a study by Lloyd's of London, an extreme geomagnetic storm in the near future is almost inevitable. Such a storm that could cause widespread power outages in the U.S. for one to two years might have an economic cost of more than $2 trillion.
Democracy Now! U.S. and World News Headlines for Friday, October 17 [9:10]
DN | In Tight Midterms Facing Low Turnout, Colorado's Senate Race Could Decide Who Controls Congress (10/17/14) [13:17]
Jon StewartJon Stewart | Florida's gubernatorial race heats up as Governor Rick Scott shows up late to a debate where Democratic candidate Charlie Crist is using a fan to strategically cool his balls. (10/16/14) [8:58]
*TRNN | Why are Stock Markets so Volatile? (10/17/14) [11:56]
Real serious depression pending as a result of austerity says Professor Michael Hudson, author of The Bubble and Beyond and Finance Capitalism and its Discontents.TRNN | Behind America's Store Fronts -- Drugs, Homelessness and Abandonment (10/17/14) [7:10]
In an original TRNN series, conservative residents of the working-class town of Westminster, Maryland, paint a political landscape different from that depicted in the mainstream media.TYT | Pressure Mounts To Ban Travel To Africa (10/16/14) [9:53]
TYT | Ebola Sanity Briefly Infects Fox News, Will It Spread? (10/16/14) [5:53]
TYT | Frontier Flight Crew Exposed To Ebola (10/16/14) [4:37]
TYT | Privileged White Guy Refuses Jon Stewart's Case For White Privilege (10/16/14) [7:30]
TYT | Small Fan Ruins Debate In 'Extremely Peculiar' Moment (10/16/14) [7:02]
Climate "Winter" OutlookClick to zoom - for bigger image
More NewsBill Nye the Science Guy's Take on GMO Foods (10/16/14) [7:57]
PBS | Separating legitimate Ebola concerns from unnecessary fear (10/17/14) [7:32]
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Chomsky: Business Elites Are Waging a Brutal Class War in America
Journalist Matt Taibbi has suggested that the government is afraid to prosecute powerful bankers, referring to "an arrestable class and an unarrestable class." What is your view on the current state of class war in the U.S.?
Well, there's always a class war going on. The United States, to an unusual extent, is a business-run society, more so than others. The business classes are very class-conscious--they're constantly fighting a bitter class war to improve their power and diminish opposition. Occasionally this is recognized. We don't use the term "working class" here because it's a taboo term. You're supposed to say "middle class," because it helps diminish the understanding that there's a class war going on. ... Read more
Prepare For Epic Volatility: E-mini Liquidity Is Nonexistant
If you thought the last several days were volatile in the market, you ain't seen nothing yet: judging by the early liquidity, or rather complete lack thereof, in the market moving E-Mini contract, the asset class through which as we disclosed a month ago central banks directly manipulate markets with the CME's blessing, then we urge all those who have stop losses close to the NBBO to quietly pull those as they will get hit adversely. The reason? As this Nanex chart of ES orderbook levels show, there is zero, zilch, nada liquidity in the ES (purple line, compare to orange yesterday). ...
Major News for Today
How Laissez-Faire Economics Led to Inequality and Recession
Remember in 2009 when everyone was dodging blame for the financial crisis? Depending on who you asked, it was the bankers, the federal regulators, Fannie Mae, fraudster mortgage companies, the ratings agencies and the sub-prime borrowers themselves. The favorite claim of excuse makers was that no single group was to blame -- it was a cluster-f*** as one journalist friend put it.
If everyone did it, no one could be held accountable. But it wasn't true. Bankers and regulators were the major creators of the crisis, for their neglect and single-minded self-aggrandizement that often involved bending the rules. ... Read more
The Thirteen Factories was an area of Guangzhou (Canton), China, where the first foreign trade was allowed in the 18th century since the hai jin (??) ban on maritime activities. It is also referred to as the "Thirteen Hongs" or the "Canton Factories". The site where the factories stood is now Wenhua Park, and Thirteen Hong Street, onto which the factories backed is now named Shisanhang Road.
Factories were "foreigners quarters", or trading posts, outside the city walls in Guangzhou rather than a place in the contemporary sense where are manufactured goods. The name came from the foreign agent term of "factors", who maintained offices or factories. Chinese citizens often referred to the factories as "Barbarian Houses". ... Read more
Democracy Now! U.S. and World News Headlines for Thursday, October 16 [9:54]
*DN | A U.S. Nurse Witnesses Ebola's Ravages in Sierra Leone, Where Horrific Conditions Claim Lives Daily (10/16/14) [16:22],
Part 2 [11:42]
DN | A Little Shout of Joy: Supreme Court Lets Abortion Clinics Reopen, Easing Crisis of Access in Texas (10/16/14) [4:54]
Jon Stewart - Daily NewsJon Stewart | Jon Stewart Tries To Make Bill O'Reilly Admit White Privilege Exists. And Fails. (10/16/14) [8:01] *Jon Stewart | Just Try Not to Say Something Stupid for 90 Minutes (10/16/14) [7:46]
*TRNN | Phyllis Bennis: U.S. Will Fail In Attempt to Create Proxy Army in Syria (10/16/14) [14:03]
*TRNN | Deepa Kumar: The Islamophobia of "Homeland", Part 4 (10/16/14) [21:22]
Dr. Kumar tells Paul Jay that Muslim characters on Homeland are either terrorists, sympathizers of terrorists, or "good Muslims" which means pro-US.
TRNN | Deepa Kumar: Islamophobia and the Politics of Empire, Part 3 (10/15/14) [20:21]TRNN | researcher Tamara Lorincz: Emissions Reduction Impossible Without Demilitarizing Foreign Policy (10/16/14) [13:42]
TRNN | Deepa Kumar: Fighting the Demonization of Muslims, Part 2 (10/14/14) [15:26]
TRNN | Ms. Deepa Kumar: Islamophobia and a Challenge to Bill Maher, Part 1 (10/10/14) [20:57]
The Pentagon's new climate change policy does not address the military's contribution to climate change, says researcher Tamara Lorincz.*TYT | Allowed To Bring Guns To Speeches You Disagree With (10/15/14) [5:38]
TYT | Media Completely Failing America On Ebola In Shocking New Study (10/15/14) [4:36]
*TYT | C.I.A. A Disaster Factory For Decades Yet Here We Go Again (10/15/14) [5:59]
TYT | 2nd Ebola Case In United States Raises Grim Questions (10/15/14) [8:36]