Six central banks led by the Federal Reserve lowered the cost of emergency dollar funding for financial companies in a global effort to ease Europe’s sovereign-debt crisis. The new interest rate is the dollar overnight index swap rate plus 50 basis points, a half percentage-point cut, and the program was extended by six months to Feb. 1,… [Read more…]
November 30, 2011
Many people have the misconception that sanctions are an effective means to encourage a change of behavior in another country without war. However, imposing sanctions and blockades are not only an act of war according to international law, they are most often the first step toward a real war starting with a bombing campaign. Sanctions… [Read more…]
November 30, 2011
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“Barack Bombs U.S. History – – Again,” (AND MOST SLAVES WERE WHITE) by Paul L. Williams, Ph.D. thelastcrusade.org That’s part of the African American experience. You are, in some ways, connected to this distant land, but on the other end, you’re about as American as it gets, In some ways, African Americans are more fundamentally… [Read more…]
“The money powers prey upon the nation in times of peace and conspire against it in times of adversity. It is more despotic than a monarchy, more insolent than autocracy, and more selfish than bureaucracy. It denounces as public enemies, all who question its methods or throw light upon its crimes.
As a result of the war, corporations have been enthroned, an era of corruption in high places will follow, and the money powers of the country will endeavor to prolong it’s reign by working upon the prejudices of the people until all wealth is aggregated in a few hands and the Republic is destroyed.
--Abraham Lincoln
November 30, 2011
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