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Jonathan Cook – Israel’s stolen babies remains the state’s darkest secret

It is Israel’s darkest secret – or so argues one Israeli journalist – in a country whose short history is replete with dark episodes. Last month Tzachi Hanegbi, minister for national security, became the first government official to admit that hundreds of babies had been stolen from their mothers in the years immediately following Israel’s creation in 1948. In truth, …

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yler Durden – A Stunning Admission From Deutsche Bank Why A Shock Is Needed To Collapse The Market, And Force A Real Panic

In what may be some of the best, and most lucid, writing on everyone’s favorite topic, namely “what happens next” in the evolution of the financial system, Deutsche Bank’s Dominic Konstam, takes a look at the current dead-end monetary situation, and concludes that in order for the system to transition from the current state of financial repression, which has made a …

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Paul Craig Roberts and Michael Hudson – Russia’s Weakness Is Its Economic Policy

According to various reports, the Russian government is reconsidering the neoliberal policy that has served Russia so badly since the collapse of the Soviet Union.  If Russia had adopted an intelligent economic policy, Russia’s economy would be far ahead of where it stands today.  It would have avoided most of the capital flight to the West by relying on self-finance. …

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DAVID ROSEN – The Crack Up: Is the Two-Party System Splintering?

The 2016 presidential election has been a roller-coaster ride with the last two establishment-party candidates, Hillary Clinton and Donald Trump, shoving and pushing, snapping, slapping and snarling their way to the finish line.  How the November election turns out is an open question. One good thing that might come out of the fractious primaries, conventions and final election is that …

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KATHLEEN GEIER – If Hillary Clinton and Tim Kaine are “Progressive,” Then the Word Has Lost All Meaning

What’s a progressive, anyway? The term has a long and unruly history, which I’ll be getting to. But the common-sense meaning of “progressive” is someone who is pretty darn liberal. In fact, you might even say that it signifies politics that are distinctly to the left of liberal. That, at least, has been the contemporary connotation of the word for …

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Patrick Martin – Tax return places Clintons in the top 0.02 percent of Americans

Bill and Hillary Clinton made $10.6 million in income in 2015, according to tax returns released by the Democratic presidential campaign Friday. This placed the Clintons in the top 0.02 percent of US families. Fewer than 30,000 US families made as much as the Clintons last year, a further demonstration of how far the former “first family” has advanced since …

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Nika Knight – EPA’s Own Advisory Board Demands Revision of Deeply Flawed Fracking Report

The Environmental Protection Agency’s (EPA) Science Advisory Board, a panel of independent scientists, is calling on the agency to revise last year’s much–maligned report that declared fracking to have “no widespread, systemic impacts on drinking water resources.” “The EPA’s own analysis shows that dirty oil and gas fracking contaminates drinking water, confirming what millions of Americans already know.” —Lena Moffitt, Sierra Club As the Washington Post reports: The …

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Kate Fried – Are You Sure You Want to Eat That?

Whether we shop for sustenance at a chain grocery store, the corner bodega or even at a farmers market, we all share a basic desire—to not get sick from the food that is supposed to nourish us. In fact, much of the time, most of us don’t think twice about the safety of our food. But not all nations have …

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Alternative Visions – Japan’s Perpetual Recession Economy: QEs, Negative Rates, and Helicopters – 08.12.16

Jack reviews the current condition of Japan’s economy, after 8 years of virtual perpetual recession despite record QE central bank injections, negative interest rates, and talk of helicopter money. The Central Bank of Japan as harbinger of global capitalist central banks policy direction and innovation. How central banks-bank of japan free money policies are not only no longer working, but are now having contrary negative effects on the global economy. Japan’s history of monetary policy first, plus austerity, since 1991 has doomed it to perpetual recessions—8 since 1991 and 5 since 2008. Japan as innovator of QE and negative rate policies. The results in creating trillions of non-performing bank loans (NPLs) and more than $13 trillion in negative bond rates since 2014 are reviewed. Growing NPLs and negative rates as indicators of failing capitalist monetary policies as investment slows, productivity declines, wages stagnate and real consumption falters worldwide. Why global economies are about to shift in 2017 to more fiscal infrastructure spending—but will do so ‘too little and too late’ to prevent recessions in 2017.

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James W Carden – Bill Clinton got millions from world’s biggest Sharia Law education firm

Former President Bill Clinton collected $5.6 million in fees from GEMS Education, a Dubai-based company that teaches Sharia Law through its network of more than 100 schools in the Middle East, Asia and Africa, according to a Daily Caller News Foundation investigation. The company’s finances strictly adhere to “Sharia Finance,” which includes giving “zakat,” a religious tax of which one-eighth …