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MoxNewsDotCom
March 01, 2010
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MoxNewsDotCom
March 01, 2010
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By Mike Whitney
March 01, 2010 “Information Clearing House”
Is there enough evidence to indict Ben Bernanke and Alan Greenspan on charges that they aided and abetted the banks and other financial institutions in the sale of fraudulent loans to investors?
That depends on whether there is sufficient proof to show whether the two men KNEW that the nation’s lenders were engaged in large-scale predatory lending and chose to do nothing. As we’ll see, both Greenspan and Bernanke were warned repeatedly about the mortgage/derivatives scam by credible professionals and industry regulators, but failed to act.
by Shamus Cooke
Global Research, March 1, 2010
It’s difficult to understand a subject when those explaining it are motivated not by truth, but profit. In the case of health care, both Democrats and Republicans have huge financial incentives to obscure, mislead, or lie. Instead of common sense and honesty directing the debate, bags of money facilitate the conversation, funneled in from the health care industry via lobbyists into Congressmen’s pockets. This is the real reason that Obama’s “health care summit” was full of free-market jargon, staged debate and fake rage.
Propaganda Alert
compiled by Cem Ertür
Featured Writer
Dandelion Salad
1 March 2010
1) Clinton to Lebanon: US cannot prevent Israel from attacking Lebanon if Hizbullah continues to arm itself (1 March 2010)
from the archives:
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by Ralph Nader
The Nader Page
March 1, 2010
The twin swelling heads of Empire and Oligarchy are driving our country into an ever-deepening corporate state, wholly incompatible with democracy and the rule of law.
Once again the New York Times offers its readers the evidence. In its February 25, 2010 issue, two page-one stories confirm this relentless deterioration at the expense of so many innocent people.
The lead story illustrates that the type of massive speculation—casino capitalism, Business Week once called it—in complex derivatives is still going strong and exploiting the weak and powerless who pay the ultimate bill.
Titled “Banks Bet Greece Defaults on Debt They Helped Hide,” the article shocks even readers hardened to tales of greed and abuse of power. Here are the opening paragraphs:
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Project Censored
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TheRealNews
March 01, 2010
Lines being drawn in first of many debt crises set to sweep across the globe.
Tens of thousands of Greek workers have taken to the streets to protest the first of a series of budget cuts. The cuts come as the European Union pressures the Greek government to slash its massive budget deficit, or face potential bankruptcy. We spoke to Nikos Nikiasis of the Greek Social Forum, who put forward another option for raising the needed funds, while questioning the importance of being part of the European Union.
by Chris Hedges
Featured Writer
Dandelion Salad
Truthdig
March 1, 2010
We owe Ralph Nader and Cynthia McKinney an apology. They were right about Barack Obama. They were right about the corporate state. They had the courage of their convictions and they stood fast despite wholesale defections and ridicule by liberals and progressives.
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This video may contain images depicting the reality and horror of war/violence and should only be viewed by a mature audience.
davidcnswanson
February 28, 2010
Margaret Flowers singing a song by David Swanson based on Bob Dylan’s “Tangled Up in Blue.” Protest John Yoo on March 19, 2010, in Charlottesville, VA. See http://hoosagainstyoo.org
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by Juan Cole
Informed Comment
February 27, 2010
I saw Israeli Ambassador Michael Oren interviewed by Wolf Blitzer on CNN Friday afternoon. Oren said that Iranian President Mahmoud Ahmadinejad had called for the annihilation of Israel, and was therefore speaking of genocide.
It is dreary to see this constant drumbeat of dishonest propaganda. Whatever one thinks of Ahmadinejad or the Iranian regime, one should not misrepresent their statements, since that will lead to bad policy-making.