It Can Happen Here: The Confiscation Scheme Planned for US and UK Depositors

cyprus bankers

Ellen Brown: When Americans realize that the alternative is to have their ready cash transformed into “bank stock” of questionable marketability, moving failed mega-banks into the public sector may start to have more appeal.

GOP Too Nuts for Obama’s Debt Ceiling Gambit

obama and senior staff

Robert Reich: So it must be that he’s counting on public pressure — especially from the GOP’s patrons on Wall Street and big business — to force Republicans into submission.

Why This Is Exactly the Time to Rebuild America’s Infrastructure

minneapolis bridge collapse

Robert Reich: Anyone with half a brain will see this is the ideal time to borrow money from the rest of the world to put Americans to work rebuilding the nation’s infrastructure. Problem is, too many in Washington have less than half a brain.

For a Man May Smile and Smile and Still Be a Villain

Gov. Arnold Schwarzenegger, front left, smiles at Senate President Pro Tem Darrell Steinberg, D-Sacramento, second from right and Assembly Speaker Karen Bass, D-Los Angeles. (AP Photo/Rich Pedroncelli)

“Why do they keep sending me budgets I won’t sign?”, the Governor asked, after saying no, once again, to any proposal but his own, cuts-only solution. And, since he had all the guns, no one in the Legislature asked in return, “Why does he keep refusing our budgets?”

Arnold Schwarzenegger: Tea Bagging California

arnold cuts budget

Just as many of the neo-cons seemingly cross their fingers hoping for a mass-casualty terrorist attack on U.S. soil because they see it as political gold for them, they’re also cheerleading for the economy to remain stagnant

Schwarzenegger and the Republicans Cost California $7 Billion

arnold

The California State Senate adjourned at midnight, unable to pass three stopgap bills that would have saved the state $7 billion. To appease Governor Arnold Schwarzenegger, the Democratic leaders of the state legislature hastily drew up the three complicated bills to try to stave off fiscal collapse and the necessity to begin issuing IOUs. All […]