Why Obama Refuses to Kill the ‘Sequester’

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MEDIA ROOTS — The deceptive term “sequester” in Obamaspeak refers to social spending cuts looming, ostensibly, in order to “balance the budget,” as if the US federal budget were the same as a household budget in need of balancing. The big mistake the public makes, aided by a lying corporate media perpetuating myths about the US economy, is it falls … Read More

$7.7 Trillion Funnelled to Wall Street by Fed

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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

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