100 Years Later, The Federal Reserve Has Failed At Everything It’s Tried

100 Years Later, The Federal Reserve Has Failed At Everything It’s TriedOn Dec. 23, 1913, President Woodrow Wilson signed the Owen Glass Act, creating the Federal Reserve. As we note its centennial, what has the Fed accomplished during the last 100 years? The stated original purposes were to protect the soundness of the dollar and banks and also to lessen the jarring ups and downs of the business cycle.

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via Forbes

Top 25 Censored Stories from 2012-2013

Top 25 Censored Stories from 2012-2013The presentation of this year’s Top 25 stories extends the tradition originated by Professor Carl Jensen and his Sonoma State students in 1976, while reflecting how the expansion of the Project to include affiliate faculty and students from campuses across the country and around the world-initiated several years ago as outgoing director Peter Phillips passed the reins to current director Mickey Huff-has made the Project even more diverse and robust.

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Trans Pacific Partnership Is “Corporatist Power Grab”, “As Democratic And Transparent As A One-Party State,” Shrouded In “Big Brother-Like Secrecy”

Bloomberg: Trans Pacific Partnership Is “Corporatist Power Grab”, “As Democratic And Transparent As A One-Party State,” Shrouded In “Big Brother-Like Secrecy”Stop the Anti-American Power Grab The U.S. Trade Representative – the federal agency responsible for negotiating trade treaties – has said that the details of the Trans Pacific Partnership are classified due to “national security”. A Congressman who has seen the text of the treaty says: There is no national security purpose in keeping this text secret …

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US Empire successful in stopping the betterment of the world’s people

US Empire successful in stopping the betterment of the world’s people – Dr. Michael ParentiIn destroying country after country, the US Empire is doing well. One devastated country after the other has made it clear that any country which pursues independent sovereign policies and attempts to better its own position and the state of its people becomes a target for the US Empire.

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Californians outraged after police acquire military armored vehicle to patrol city

Californians outraged after police acquire military armored vehicle to patrol cityKevork Djansezian / Getty Images / AFP Police in Salinas, California are under fire after the department acquired a heavily armored military vehicle for SWAT team operations. The $650,000 vehicle was gifted to the Salinas Police Department from the government through the 1033 program, which redistributes used equipment to other agencies.

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Secret contract tied NSA and security industry pioneer

Exclusive: Secret contract tied NSA and security industry pioneerCredit: Reuters A National Security Agency (NSA) data gathering facility is seen in Bluffdale, about 25 miles (40 km) south of Salt Lake City, Utah, December 16, 2013. Jim Urquhart/ Documents leaked by former NSA contractor Edward Snowden show that the NSA created and promulgated a flawed formula for generating random numbers to create a “back door” in encryption products, the New York Times reported in September.

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Hersh revelations and false-flag talk in media

Hersh revelations and mainstream mediaWhenever a big, media-hyped attack or atrocity happens, the mainstream media always says the same thing: “The bad guys did it.” And who are these “bad guys”? The enemy-du-jour of the powers-that-be. The authorities blamed 9/11 on “radical Muslims.” They blamed the Boston Marathon, Sandy Hook and Aurora, Colorado massacres on “gun nuts” and “extremists.”

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US media failed to cite pundits’ ties to defense industry in Syria strike debate

US media failed to cite pundits’ ties to defense industry in Syria strike debateAFP Photo / Kevin C. Cox Nearly two dozen of the commentators who appeared on major media outlets to discuss a possible US military strike on Syria had relationships with contractors and other organizations with a vested interest in the conflict, according to a new report.

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9-11 was carried out by US/Saudi/Israeli intelligence – Len Bracken

9-11 was carried out by US/Saudi/Israeli intelligence – Len BrackenThe events of 9-11-2001 continue to be the subject of intense debate and speculation due to the US Governments failure to provide the people of the world with a plausible or believable explanation namely: why two steel framed skyscrapers collapsed and were pulverized into dust as they imploded into their own footprints at free-fall speed from a lateral impact that they were designed to withstand, why building 7 also collapsed due to “office fires” and how a 767 disappeared into a two meter in diameter hole in the Pentagon without damaging the lawn or even second floor windows.

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Detroit Bankruptcy: Wall Street, Lost Revenues Forced Decline, But City Pensioners to Pay the Costs

Detroit Bankruptcy: Wall Street, Lost Revenues Forced Decline, But City Pensioners to Pay the CostsA federal judge has approved Detroit’s bid to qualify for bankruptcy, putting the city on a path to financial recovery – but threatening the livelihoods of thousands of city workers. In a landmark decision that could harm retiree benefits nationwide, Federal Judge Steven Rhodes ruled that federal bankruptcy law can override state laws that protect public pensions.

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Creator of ‘The Wire’ says ‘There are now two Americas. My country is a horror show.’

Creator of ‘The Wire’ says ‘There are now two Americas. My country is a horror show.’ | The Raw StoryAmerica is a country that is now utterly divided when it comes to its society, its economy, its politics. There are definitely two Americas. I live in one, on one block in Baltimore that is part of the viable America, the America that is connected to its own economy, where there is a plausible future for the people born into it.

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WTO overcomes last minute hitch to reach its first global trade deal

WTO overcomes last minute hitch to reach its first global trade dealCredit: Reuters/Edgar Su 1 of 10. Director-General Roberto Azevedo gestures as he is congratulated by delegates after the closing ceremony of the ninth World Trade Organization (WTO) Ministerial Conference in Nusa Dua, on the Indonesian resort island of Bali December 7, 2013. The approval came after Cuba dropped a last-gasp threat to veto the package of measures.

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