World-News

By Mike Whitney

Consumer spending is 70% of GDP, but consumers have suddenly stepped on the brakes. This is a real game-changer. Even if the credit markets are restored and the banks show a greater willingness to lend; there will be no return to the pre-crisis consumption-levels of the past. Those days are over.

https://informationclearinghouse.info/article22976.htm



Chamber of Commerce Launches $100 Million Campaign to Protect Wall Street's Power at Our Expense

The CoC is the world's most powerful lobbying machine and it's working to make sure our money gets funneled to corporate execs.

https://snipurl.com/lq01w



The New Homeowner Hallucination

The next segment of the market to crash will be the mid- to high-end, where many smug homeowners are now telling themselves they'll just rent their houses for a year while they wait for the market to "come back." Needless to say, Mark thinks these folks are dreaming.

https://snipurl.com/lq02o


From Information Clearing House



https://freepage.twoday.net/search?q=GDP
https://freepage.twoday.net/search?q=consumer+spending
https://freepage.twoday.net/search?q=credit+market
https://freepage.twoday.net/search?q=Wall+Street
https://freepage.twoday.net/search?q=Chamber+of+Commerce
https://freepage.twoday.net/search?q=lobbying
https://freepage.twoday.net/search?q=homeowner
https://freepage.twoday.net/search?q=Mike+Whitney

It appears that the U.S. Mainstream media is going to ignore this story even though Cynthia McKinney was once a Congresswoman from Georgia and a Presidential candidate. How odd. What does this say about the news we receive daily from the mainstream media.

https://liberalpro.blogspot.com/2009/07/another-example-of-us-censorship-of.html


From Information Clearing House



https://freepage.twoday.net/search?q=censorship
https://freepage.twoday.net/search?q=mainstream+media
https://freepage.twoday.net/search?q=Cynthia+McKinney

By Penny Starr and Fred Lucas

"I'm not saying there has never been managed news before, but this is carried to fare-thee-well--for the town halls, for the press conferences," she said. "It's blatant. They don't give a damn if you know it or not. They ought to be hanging their heads in shame."

https://informationclearinghouse.info/article22974.htm



https://freepage.twoday.net/search?q=Obama
https://freepage.twoday.net/search?q=Helen+Thomas
https://freepage.twoday.net/search?q=Penny+Starr
https://freepage.twoday.net/search?q=Fred+Lucas

https://www.lewrockwell.com/north/north728.html



https://freepage.twoday.net/search?q=Bernanke
https://freepage.twoday.net/search?q=com/north

https://www.lewrockwell.com/higgs/higgs122.html

Should the Church Wave the Flag?
https://www.lewrockwell.com/tucker/tucker159.html

Separating the State from the Church
https://www.lewrockwell.com/vance/vance175.html

Independence and Liberty: We're losing both
https://www.lewrockwell.com/gregory/gregory189.html

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July 4th, Rebel and Agitate for Change

Jim Hightower, AlterNet: "Agitators created America, and it's their feisty spirit and outright rebelliousness that we celebrate on our national holiday. I don't merely refer to the Founders, either. Thomas Jefferson, George Washington, James Madison, Ben Franklin and the rest certainly were derring-do agitators when they wrote the Declaration of Independence, the Constitution and the Bill of Rights, creating the framework for a democratic republic."

https://www.truthout.org/070409A?n



https://freepage.twoday.net/search?q=flag+waving
https://freepage.twoday.net/search?q=patriotism
https://freepage.twoday.net/search?q=Independence+Day
https://freepage.twoday.net/search?q=Constitution
https://freepage.twoday.net/search?q=Bill+of+Rights
https://freepage.twoday.net/search?q=com/higgs
https://freepage.twoday.net/search?q=com/tucker
https://freepage.twoday.net/search?q=com/vance
https://freepage.twoday.net/search?q=com/gregory
https://freepage.twoday.net/search?q=Jim+Hightower

https://www.commondreams.org/video/2009/07/03

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The Great American Bubble Machine

Freedom's Phoenix
by Thomas Costanzo

07/15/09

From tech stocks to high gas prices, Goldman Sachs has engineered every major market manipulation since the Great Depression — and they’re about to do it again...

https://tinyurl.com/nvk7l3


Informant: Thomas L. Knapp

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Goldman Sachs Posts Record Profits

Matt Taibbi Probes Role of Investment Giant in US Financial Meltdown

By Democracy Now - Audio and Transcript

Goldman Sachs, the nation's most powerful financial company, has reported the richest quarterly profit in its 140-year history: $3.44 billion between April and June. We speak to Matt Taibbi, whose new Rolling Stone article argues that "Goldman Sachs has engineered every major market manipulation since the Great Depression."

https://informationclearinghouse.info/article23071.htm



The Joy of Sachs

By Paul Krugman

The American economy remains in dire straits, with one worker in six unemployed or underemployed. Yet Goldman Sachs just reported record quarterly profits - and it's preparing to hand out huge bonuses, comparable to what it was paying before the crisis. What does this contrast tell us?

https://informationclearinghouse.info/article23082.htm

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Goldman's Back, and Why We Should Be Worried

Robert Reich, Robert Reich's Blog: "Should we breath a sigh of relief that Goldman Sachs has posted record earnings as revenue from trading and stock underwriting reached all-time highs (second quarter net income was $3.44 billion) -- less than a year after the firm took $10 billion directly from taxpayers and $13 billion indirectly through AIG? In some ways, yes.... But in another respect, Goldman's resurgence should send shivers down the backs of every hardworking American who has lost a large chunk of retirement savings in this economic debacle, as well as the millions who have lost their jobs."

https://www.truthout.org/071509F?n



"Government Sachs" Strikes Gold ... Again

Robert Scheer, Truthdig: "Connect the dots: Goldman Sachs made $3.44 billion in profit this past quarter, while the U.S deficit topped $1 trillion for the first time in the nation's history and appeared to be headed toward doubling that figure before the budget year is out. Since most of the increase in the federal deficit is due to bailing out the banks and salvaging the greater economy they helped destroy, why is the top investment bank doing so well?"

https://www.truthout.org/071609B?n



https://freepage.twoday.net/search?q=U.S+deficit
https://freepage.twoday.net/search?q=Goldman+Sachs
https://freepage.twoday.net/search?q=bubble
https://freepage.twoday.net/search?q=Great+Depression
https://freepage.twoday.net/search?q=taxpayer
https://freepage.twoday.net/search?q=AIG+insurance
https://freepage.twoday.net/search?q=retirement+savings
https://freepage.twoday.net/search?q=job+loss
https://freepage.twoday.net/search?q=unemploy
https://freepage.twoday.net/search?q=Matt+Taibbi
https://freepage.twoday.net/search?q=Robert+Reich+Blog
https://freepage.twoday.net/search?q=Thomas+Costanzo
https://freepage.twoday.net/search?q=Robert+Scheer
https://freepage.twoday.net/search?q=Paul+Krugman

https://www.commondreams.org/headline/2009/07/03-7



https://freepage.twoday.net/search?q=Obama
https://freepage.twoday.net/search?q=Bush+legacy
https://freepage.twoday.net/search?q=what+change
https://freepage.twoday.net/search?q=cybersecurity
https://freepage.twoday.net/search?q=Ellen+Nakashima

Jonathan Martin, Politico: "Alaska Gov. Sarah Palin announced Friday that she was resigning her office later this month, a stunning decision that could free her to run for president more easily but also raises questions about her political standing at home."

https://www.truthout.org/070309Z?n

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Capitalism, Sarah Palin-Style
https://www.commondreams.org/view/2009/07/25-3

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New ethics complaint filed against Palin

Worcester Telegram & Gazette

07/14/09

Outgoing Alaska Gov. Sarah Palin is facing yet another ethics complaint — the 18th against her and the very thing that helped to prompt her resignation. The latest complaint alleges she abused her office by accepting a salary and using state staff while campaigning outside Alaska for the vice presidency. It’s the third complaint filed against the Republican since she announced July 3 that she was stepping down...

https://www.telegram.com/article/20090714/APA/907141134



Report: Palin’s trust fund could violate ethics act

ABC News

07/21/09

An independent investigator has found evidence that Alaska Gov. Sarah Palin may have violated ethics laws by accepting private donations to pay her legal debts. It’s the latest legal distraction for the former vice presidential candidate as she prepares to leave office this weekend, and one thick with irony — the same vehicle Palin is using to fight ethics charges is now being called a potential ethics violation itself...

https://tinyurl.com/r4f87s



She’s ready for her close-up

The New Republic
by Suzy Khimm

07/24/09

When Sarah Palin abruptly announced that she was planning to leave office, it was clear whom she blamed for her early exit. ‘I wish you’d hear MORE from the media of your state’s progress and how we tackle Outside interests — daily — SPECIAL interests that would stymie our state,’ she said in her July 3 resignation speech, which she later posted on her website. Blasting her adversaries for paralyzing the Alaska governor’s office with charges of ‘frivolous ethics violations,’ Palin and her representatives accused these unnamed ‘Outside interests’ of harming her ability to govern after returning from the presidential campaign. … There’s no doubt that Alaska’s state government has been paralyzed since Palin’s return, with anger and frustration emanating from both the governor’s office and the state legislature. All of Palin’s major bills failed to pass this year’s first 90-day session. But conversations with both Republican and Democratic legislators reveal that Palin’s inability to get anything done has little to do with the media attacks the Alaska governor claims drove her from office...

https://tinyurl.com/nqgmpl


Informant: Thomas L. Knapp



https://freepage.twoday.net/search?q=Palin
https://freepage.twoday.net/search?q=capitalism
https://freepage.twoday.net/search?q=Jonathan+Martin
https://freepage.twoday.net/search?q=Suzy+Khimm
https://freepage.twoday.net/search?q=Naomi+Klein

Chris McGreal, The Guardian UK: "Senior Central Intelligence Agency officials, including the London station chief, have been brought before a grand jury in Virginia investigating the potentially illegal destruction of 92 video tapes recording the torture and interrogation of al-Qaida detainees."

https://www.truthout.org/070309S?n



https://freepage.twoday.net/search?q=videotapes
https://freepage.twoday.net/search?q=torture
https://freepage.twoday.net/search?q=interrogat
https://freepage.twoday.net/search?q=detainee
https://freepage.twoday.net/search?q=al-Qaida
https://freepage.twoday.net/search?q=Chris+McGreal

Robert F. Kennedy Jr., The Washington Post: "Mountaintop removal coal mining is the worst environmental tragedy in American history. When will the Obama administration finally stop this Appalachian apocalypse?"

https://www.truthout.org/070309R?n



https://freepage.twoday.net/search?q=Obama
https://freepage.twoday.net/search?q=Mountaintop
https://freepage.twoday.net/search?q=Appalachia
https://freepage.twoday.net/search?q=coal+mining
https://freepage.twoday.net/search?q=Robert+F.+Kennedy