Michael Hudson: US debt is largely fictitious

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RTAmerica | January 06, 2011

The United States is in serious debt but the latest numbers show the US national debt has surpassed $14 trillion. From June, 2010 until the end of the year the US racked up another trillion dollars worth of debt. Economist Michael Hudson says the important thing to realize is the government doesn’t borrow money it creates it, the whole issue of whether the US has a debt problem is largely fictitious.

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Turkish Intel Chief Exposes CIA Operations via Islamic Group in Central Asia by Sibel Edmonds

by Sibel Edmonds
Featured Writer
Dandelion Salad
Originally published by Boiling Frogs Post
January 6, 2011

“In the 1990s Gulen’s Madrasas sheltered 130 CIA agents” in Kyrgyzstan & Uzbekistan”

Yesterday Washington Post’s Jeff Stein published a very interesting but incomplete story regarding a recently published memoir by former Turkish Intelligence Chief Osman Nuri Gundes. Here is the title of his post: Islamic group is CIA front, ex-Turkish Intel chief says. For those of you familiar with my case and what I’ve been covering here at Boiling Frogs Post this exposé is ‘old news’ but nonetheless a vindication. As for those who are first-timers here or not that familiar with my case, this is an opportunity for a bit of background and to learn a few important points and facts that you won’t be getting from this ‘half-picture’ presented by the Washington Post.

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The Corporate Power vs. National Interest Capitalism by Steven Jonas, MD, MPH

by Steven Jonas, MD, MPH
Featured Writer
Dandelion Salad
crossposted on Buzzflash.com
January 6, 2011

Otto von Bismarck was known as the “Iron Chancellor,” first of Prussia, then after 1871 and the Prussian victory over the French in the Franco-Prussian War, of the unified German state.  Shortly after the bourgeois revolution of 1848 had swept through a number of European countries (and succeeded in a few of them like France), he said: “The social insecurity of the worker is the real cause of their being a peril to the state (Sigerist, H.E., On the Sociology of Medicine, New York: MD Publications, 1960, p. 127).  In 1881, Kaiser Wilhelm I, in a speech to the German Reichstag (parliament), written for him by Bismarck, said: Continue reading