Did Michigan just trigger ‘constitutional convention’?

Did Michigan just trigger ‘constitutional convention’? Bid gains steamA never before used option – a political wild card of sorts that gives states rather than Congress the power to initiate a change to the U.S. Constitution – could soon be in play, with Washington lawmakers forced to meet and deal with adding a balanced budget amendment to the law of the land.

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Russia prepares to attack the petrodollar Read more: http://voiceofrussia.com/2014_04_04/Russia-prepares-to-attack-the-petrodollar-2335/

Russia prepares to attack the petrodollarThe existence of “petrodollars” is one of the pillars of America’s economic might because it creates a significant external demand for American currency, allowing the US to accumulate enormous debts without defaulting. If a Japanese buyer wants to buy a barrel of Saudi oil, he has to pay in dollars even if no American oil company ever touches the said barrel.

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Who Goes to Jail? Matt Taibbi on American Injustice Gap from Wall Street to Main Street

Who Goes to Jail? Matt Taibbi on American Injustice Gap from Wall Street to Main StreetAward-winning journalist Matt Taibbi is out with an explosive new book that asks why the vast majority of white-collar criminals have avoided prison since the financial crisis began, while an unequal justice system imprisons the poor and people of color on a mass scale.

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“We are in great danger”: Ex-banker details how mega-banks destroyed America

“We are in great danger”: Ex-banker details how mega-banks destroyed America“It no longer matters who sits in the White House,” former Goldman Sachs managing director Nomi Prins writes in her new book ” All the Presidents’ Bankers: The Hidden Alliances That Drive American Power.” “Presidents no longer even try to garner banker support for population-friendly policies, and bankers operate oblivious to the needs of national economies.

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via Salon

Oligarchy, not democracy: Americans have ‘near-zero’ input on policy

​Oligarchy, not democracy: Americans have ‘near-zero’ input on policy – reportReuters / Amr Abdallah Dalsh The first-ever scientific study that analyzes whether the US is a democracy, rather than an oligarchy, found the majority of the American public has a “minuscule, near-zero, statistically non-significant impact upon public policy” compared to the wealthy.

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via Rt

Supreme Court Establishing “Plutocrat Rights”

Supreme Court Establishing “Plutocrat Rights”USA Today reports: “The Supreme Court took another step Wednesday toward giving wealthy donors more freedom to influence federal elections. The justices ruled 5-4, in a decision written by Chief Justice John Roberts, that limits on the total amount of money donors can give to all candidates, committees and political parties are unconstitutional.

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Leaked YouTube Tape: Turkey Plotting Pretext for War With Syria?

Leaked YouTube Tape: Turkey Plotting Pretext for War With Syria?While there was extensive media coverage of the Turkish government cutting off YouTube late last week, just prior to that, there was a posting on YouTube of an apparently leaked tape of Turkish government officials plotting a pretext for war with Syria that has received relatively little attention.

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