By Paul Craig Roberts For Americans, financial and economic Armageddon might be close at hand. The evidence for this conclusion is the concerted effort by the Federal Reserve and its dependent financial institutions to scare people away from gold and silver by driving down their prices. When gold prices hit $1,917.50 an ounce on August 23, 2011, a gain of…
by Pratap Chatterjee Adrian Elcuj Miranda, a judge in Buenos Aires, has ordered the seizure of Chevron’s assets in Argentina, to force the company to pay a $19 billion penalty for polluting the Amazon in Ecuador. The plaintiffs are seeking similar legal action in Brazil, Canada, Colombia and other countries. Chevron – a Northern California-based oil and gas company –…
by Jon Rappoport It’s absurd to think the FBI just found out about CIA Director Petraeus’ affair with Paula Broadwell, his biographer. The timing is too convenient. The FBI knew about the affair some time ago and, under strict orders, kept their mouths shut until just after Election Day. If they hadn’t, the scandal would have blown up during Obama’s…
by Linh Dinh So Americans have voted for more of the same, not because they reelected Obama, but because they went to the polls at all. As expected, the two corporate and eternal war candidates got nearly all of the votes, with the Libertarians, not even 1%, and the Green Party, less than a quarter of 1%. Through no faults…
Comex gold prices ended the U.S. day session sharply higher and nearer the daily high Tuesday, and pushed well above the key $1,700.00 level, on strong short covering and bargain-hunting buying interest. One big uncertainty that has been overhanging the market place for months will very likely be resolved in the next 24 hours: Who will be the next U.S.…
by Stephen Lendman For years, America has been on a fast track to tyranny. Duopoly power runs things repressively. Government of, by, and for the people never existed and doesn’t now. Homeland repression is policy. Police state laws target resisters. Elections are farcical, rigged, and illegitimate. People have no say. Corporate controlled electronic voting machines decide for them. Money power…
by Michael Snyder Hurricane Sandy is another reminder of just how incredibly fragile the thin veneer of civilization that we all take for granted on a daily basis really is. Many of the hardest hit areas along the Jersey shore and the coast of Long Island have descended into a state of anarchy. More than 7 million people live on…
BP’s Macondo Well May Leak for Years CNN reports: An oil sheen about four miles long has appeared in the Gulf of Mexico near the site of the worst oil spill in U.S. history, a Coast Guard spokesman said Thursday. It was not immediately clear where the oil is coming from, said Petty Officer 3rd Class Ryan Tippets. [Although previous…
2012-08-03 Occupy Corporatism by Susanne Posel Last month, President Obama placed more stringent sanctions on Iran’s oil sales and financial transactions. And in the next breath, he claimed that because Iran is supposedly developing a nuclear weapon, Obama will “once again reaffirming [the US government’s] commitment to hold the Iranian government accountable for its actions.” While Israel is threatening to…
June 22, 2012 The Economic Collapse by Michael Snyder When most people think of “Big Brother”, they think of the FBI, the CIA, the NSA, the Department of Homeland Security and other shadowy government agencies. Yes, they are definitely watching you, but so are many big corporations. In fact, there are some companies that are making tens of millions…