MEDIA ROOTS — Freddie Mac, aka the Federal Home Loan Mortgage Corporation, is one of America’s largest mortgage-insurance companies, chartered in 1970 by the federal government “to provide liquidity, stability and affordability to the U.S. housing market.” However, the mortgage giant recently invested $5 billion in complex securities that pay when mortgage holders are unable to refinance and take advantage … Read More
MEDIA ROOTS — Americans currently suffer from one of history’s most successful propaganda campaigns. We are often distracted, numbed and herded into behaviors, thought patterns and policies that don’t serve our own interests, much less the interests of an endangered democracy. Too often we are unconsciously manipulated by advertising ploys. As a result, Americans succumb to the mundane: to mindlessly … Read More
MEDIA ROOTS — Doug McKenty of KZYX interviews economist John Perkins, author of Confessions of an Economic Hitman, The Secret History of the American Empire, and Hoodwinked about the politics of economic hitmen, predatory capitalism, banksters, and much more. Perkins also discusses his experiences with the Peace Corps, indigenous consciousness, socioeconomic solutions, and why the 99% are Occupying.MR***
MEDIA ROOTS — Some view democracy as something we’re losing with the two-party dictatorship shredding the U.S. Constitution under a post-9/11 pretext of national security, as transnational corporations assert their will over sovereign states. Others assert democracy is a good idea yet to be realised, given the Electoral College has always been a ruling-class fail-safe against true democracy. Post-OWS, we … Read More
MEDIA ROOTS — The private, unaccountable, Federal Reserve operates above the law, as it dictates monetary policy. That’s enough to spur Ron Paul followers into calling for an end to the Fed. Now, if you shared in the justified rage of thousands of Occupy encampments across the nation, protesting, ‘Banks got bailed out, We got sold out,’ at the thought … Read More
