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Fed Accountability is a Farce
FED ACCOUNTABILITY IS A FARCE The Fed claims they are “accountable to the public and the U.S. Congress.” But what good is accountability, if the public and Congress have little understanding of what the Fed does? Even worse, if no one has the power to stop the inflationary actions of the Fed, what good are […]
Hedge Fund CIO: Will The Fed Ever Be Held Accountable For Turbocharging Inequality That Poisons America
Hedge Fund CIO: Will The Fed Ever Be Held Accountable For Turbocharging Inequality That Poisons America “I do solemnly swear that I will support and defend the Constitution of the United States against all enemies, foreign and domestic; that I will bear true faith and allegiance to the same; and that I will obey the […]
Big Oil Needs to Pay for the Damage It Caused
Big Oil Needs to Pay for the Damage It Caused Environmental activists rally for accountability for fossil fuel companies outside of New York Supreme Court on October 22, 2019, in New York City. New York’s attorney general, Letitia James, is taking on ExxonMobil in a landmark case that accuses the oil corporation of misleading investors […]
The End of Accountable Government Is Close at Hand
The End of Accountable Government Is Close at Hand For about 70 years the CIA has been undermining a free press. It began with Operation Mockingbird, a Cold War operation against communism. The CIA recruited journalists into a propaganda network. The CIA paid journalists to write fake stories or to publish stories written by the CIA in order […]
Jamal Khashoggi: Where The Road to Damascus & The Path to 9/11 Converge
Jamal Khashoggi: Where The Road to Damascus & The Path to 9/11 Converge By Kristen Breitweiser, one of the four 9/11 widows – known as the “Jersey Girls” – instrumental in forcing the government to form the 9/11 Commission to investigate the 2001 attacks. Follow Kristen Breitweiser on Twitter: www.twitter.com/kdbreitweiser. Road to Damascus Conversion: Derived […]
Julian Assange and the Fate of Journalism
Julian Assange and the Fate of Journalism Photograph Source Jeanne Menjoulet | CC BY 2.0 Julian Assange is the Australian founder of Wikileaks—a website dedicated to the public’s right to know what governments and other powerful organizations are doing. Wikileaks pursues this goal by posting revelatory documents, often acquired unofficially, that bring to light the […]
How $21 Trillion in U.S. Tax Money Disappeared. “Full Scope Audit” of the Pentagon
How $21 Trillion in U.S. Tax Money Disappeared. “Full Scope Audit” of the Pentagon This is part of our series on the unaccounted for $21 Trillion in taxpayer money. As unbelievable and absurd as that sounds, the actual total of unaccounted for money at the Pentagon is most likely significantly more than $21 trillion. The […]
Foxes in Charge of Intelligence Hen House
Foxes in Charge of Intelligence Hen House Recent revelations of “inadvertent” deletions of electronic data at the FBI and NSA relating to alleged felonies are being described as a “foul-up,” but the intelligence agencies’ track record suggests a possibly more nefarious explanation, explains Ray McGovern in this op-ed. We learned in recent days that the FBI […]
It Takes a Village to Maintain a Dangerous Financial System
It Takes a Village to Maintain a Dangerous Financial System Abstract: I discuss the motivations and actions (or inaction) of individuals in the financial system, governments, central banks, academia and the media that collectively contribute to the persistence of a dangerous and distorted financial system and inadequate, poorly designed regulations. Reassurances that regulators are doing […]
Bankers Will Be Jailed in the Next Financial Crisis
Bankers Will Be Jailed in the Next Financial Crisis Jesus College, Cambridge hosted, once more, the world’s leading Symposium on Economic Crime, and over 500 distinguished speakers and panelists drawn from the widest possible international fora, gathered to make presentations to the many hundreds of delegates and attendees. What became very quickly clear this year was the […]
Gretchen Morgenson: Wall Street Really Does Enjoy a Different Set of Rules Than the Rest of Us
Gretchen Morgenson: Wall Street Really Does Enjoy a Different Set of Rules Than the Rest of Us What type of system might work better for our interests? Gretchen Morgenson has earned a Pulitzer-winning career from exposing abuse and conflicts of interest on Wall Street. In this interview, she confirms that there is indeed a second […]
Agency to Enslave Greeks Is Established
Agency to Enslave Greeks Is Established Late on Thursday, July 16th, German Economic News headlined “Greece: Debt Restructuring Through the Back Door,” and reported that, “The majority of Greece’s national debt is to be moved in the next three years gradually to the euro bailout fund ESM [European Stability Mechanism], so that the IMF will continue to remain as […]
Our Banking System is a Giant House of Cards
Our Banking System is a Giant House of Cards It Could Fall On You. Anat Admati teaches finance and economics at the Stanford Graduate School of Business and is co-author of The Bankers’ New Clothes, a classic account of the problem of Too Big to Fail banks. On May 6th, at the Finance and Society Conferencesponsored […]
In Corporate Crimes, Individual Accountability Is Elusive
In Corporate Crimes, Individual Accountability Is Elusive “We have never hesitated to investigate and prosecute any individual, institution or organization that attempted to exploit our markets and take advantage of the American people,” Attorney General Eric H. Holder Jr. proclaimed this month when the Justice Department announced that Standard & Poor’s, the ratings agency, had agreed to […]
What Is a National Nervous Breakdown?
What Is a National Nervous Breakdown? When the citizenry cease to believe the lies, the nation suffers a nervous breakdown. Last week I used the phrase National Nervous Breakdown without clarifying its meaning. (The War on Our Intuition That Something Is Fundamentally Amiss) By National Nervous Breakdown I do not mean the breakdown of civil order or the economy; I […]
