The Government “Debt” Flim Flam

golden egg

Mark Dempsey: American government has the legal right to create literally unlimited dollars, so it can never be insolvent. It will run out of dollars when the Bureau of Weights and Measures runs out of inches.

The Money Delusion

money mint

Mark Dempsey: Why does the Finance, Insurance, Real Estate sector, whose frauds caused the current economic meltdown, get trillions at the drop of a hat, and social safety net programs and revenue sharing with states, whose needs are far more modest, get the “one-finger salute”?

Financial Journalism and The Girl with the Dragon Tattoo

David Brooks

Carl Bloice: Some critics have taken the author Stieg Larsson to task for spending time on the state of economic reporting, suggesting that dragging in the issues of the day distracts unnecessarily from the enjoyment of a good murder mystery. For me it was one of the book’s highlights.

General Petraeus Goes to Media War

Norman Solomon: It’s already history. In mid-August 2010, the U.S. commander in Afghanistan launched a huge media campaign to prevent any substantial withdrawal of military forces the next summer.

Coveting Riches on the Great Rare Earth Highway

copper mine

Carl Bloice: The military propagandists needed to come up with something to distract attention from the reality that things are going badly in Afghanistan, very badly. Public opinion in the U.S. has soured toward the war. Every other country that has troops on the battlefields is under tremendous popular pressure to withdraw them.

Why We Are Moving Toward a Recessionary Era

Robert Reich: The biggest ongoing threats are chronic recession or even deflation, because consumers don’t have enough money to what the economy is capable of selling at full or near-full employment. Despite gains in productivity, little has trickled down to America’s middle class.

Tourists Urged to Boycott Morocco

Marrakesh

Sherwood Ross: Morocco has shown its disrespect for international law by illegally occupying the western Sahara and also by forging a pact with the U.S. Central Intelligence Agency to receive kidnapped terror suspects upon whom Morocco’s secret police inflict grotesque tortures. If Rabat will accept a prisoner kidnapped from another country without a prior legal hearing, how safe are you going to be?

How to Visit Your Loved One for the Holidays

Prison

You know how much a visit means to someone who’s locked up. And you know that one of the major factors that prevents recidivism is for a prisoner to retain family and community ties. So you set the alarm and get up early and out of the house by 5:00 a.m. to drive the three hours up the Central Valley so you can be one of the first non-appointment visitors milling around waiting to be called.

Friday Feedback: Let the Chips Fall Where They May in 2012

Obama’s central concern is to be re-elected in 2012, and he appears convinced that to do so he must play ball with the forces for maintaining the status quo in domestic and foreign policies. Thus his key appointments are from the old guard of the Bush and Clinton administrations. He, he thinks, will carry out his “change we can believe in” during his second term.

CENTCOM’s Master Plan and U.S. Global Hegemony

Many people deny that the U.S. government presides over a global empire. If you speak of U.S. imperialism, they will fancy that you must be a decrepit Marxist-Leninist who has recently awakened after spending decades in a coma. Yet the facts cannot be denied, however much people’s ideology may predispose them to distort or obfuscate [...]

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