United State wars are getting repetitive. Always the same old scenario. The mainstream media alert public opinion to the latest “villain” supposedly threatening to slaughter “his own people”. The U.S. does the job instead with its drones and missiles. The new “villain” is soon forgotten, but his country is left in a shambles, with competing fanatics vying to dominate the chaos. Something new is needed. How about a Woman War President? Hillary Rodham Clinton has painstakingly groomed herself for the role. Her record as Secretary of State shows that she is fully qualified to be the first woman to be known as the “mother of all drones” or even to launch World War III.
“Veteran journalist Diana Johnstone captures the imperial worldview of Hillary Clinton in memorable detail. Hillary the Hawk, as U.S. Senator and Secretary of State, never saw a weapons system she did not support, nor a U.S. war practice she did not endorse.” – Ralph Nader
The Federal Reserve is a leviathan that overshadows the world economy, dominating it, controlling the flow of money, affecting all our lives.
The Federal Reserve Act was passed in 1913 in reaction to the bank runs, bankruptcies and financial chaos caused by the Panic of 1907. The stated purpose of the Act was to create a stable monetary system to bring financial stability to the United States and prevent such economic crises as the Panic of 1907 from occurring again. Sixteen years after the passage of the Act, under the Federal Reserve’s watch, the nation experienced the worst financial collapse in our history and descended into our deepest and darkest depression–the Great Depression–a crisis far worse than the Panic of 1907 by orders of magnitude.
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In Killing the Host, economist Michael Hudson exposes how finance, insurance, and real estate (the FIRE sector) have seized control of the global economy at the expense of industrial capitalism and governments. The FIRE sector is responsible for today’s extreme economic polarization (the 1% vs. the 99%) via favored tax status that inflates real estate prices while deflating the “real” economy of labor and production. Hudson shows in vivid detail how the Great 2008 Bailout saved the banks but not the economy, and plunged the U.S., Irish, Latvian and Greek economies into debt deflation and austerity. Killing the Host describes how the phenomenon of debt deflation imposes punishing austerity on the U.S. and European economies, siphoning wealth and income upward to the financial sector while impoverishing the middle class.
Published by CounterPunch, 2015. 356 pages.
2015 A Narco History: How the United States and Mexico Jointly Created the “Mexican Drug War”
The “War Against Drugs”: who started it, and why? What are its consequences in real terms, not mere statistics, for the people most affected by it? One hundred thousand deaths later-with the vast majority of those killed innocent citizens, such as the 43 teachers college students murdered in Guerrero-the solution to peace requires a radical rethinking of how America, and its neighbors, approach the illegal drug trade.
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