MEDIA ROOTS — Many of us notice our society’s shift away from the use of anonymous cash and toward the use of databeast-tracked digital money. But many are unaware that there are steps already being taken to outlaw cash in favour of debit/credit cards and digital transactions. In Louisiana, House Bill 195 of the 2011 Regular Session (Act 389) was … Read More
banking system
MR Transcript – Unpacking Mr. Global, Part 2
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MEDIA ROOTS — Earlier this month, we featured the Guns & Butter broadcast with Catherine Austin Fitts, “Unpacking Mr. Global, Part 1.” Today, we bring you “Unpacking Mr. Global, Part 2.” Last year, Washington D.C. national-security reporter, Sharon Weinberger wrote about the U.S. Military’s so-called Black Budget, “Not since the end of the Cold War has the Pentagon spent so … Read More
Supercommittee Deadlock: Heads They Win, Tails We Lose
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MEDIA ROOTS — With the Occupy Movement rightly putting Wall Street and the ruling-class on blast, the Federal Reserve and the mechanics of our national money supply in relation to our national economic health and body politic, equally deserve scrutiny. Despite the complexities of finance, the money supply, and Congressional budgets, we must consider such questions of political economy, and … Read More
MR Transcript – Unpacking Mr. Global, Part 1
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MEDIA ROOTS — When Naomi Klein’s seminal book The Shock Doctrine hit the scene, the U.S. political Left was forced to look beyond simply complaining about conservatives or Washington corruption and was stimulated to pay closer attention to the actions of Wall Street and the world of economics. With the introduction of concepts, such as economic hitmen and disaster capitalism, … Read More
BofA Dumps $75 Trillion In Derivatives on U.S. Taxpayers
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MEDIA ROOTS— Recently, economic journalist Doug Henwood was interviewed on Pacifica Radio’s “Against the Grain” to dispel various myths he and his interviewer tied to the Occupy Wall Street Movement. One of which was about the Federal Reserve being the source of all evil. The Federal Reserve System is the private U.S. central bank which controls our monetary policy. And … Read More