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Prof. James Petras – The Age of Imperial Wars From Regional War, “Regime Change” to Global Warfare

2015 has become a year of living dangerously. Wars are spreading across the globe.  Wars are escalating as new countries are bombed and the old are ravaged with ever greater intensity. Countries, where relatively peaceful changes had taken place through recent elections, are now on the verge of civil wars. These are wars without victors, but plenty of losers; wars …

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Prof. John McMurtry – Ukraine, America’s “Lebensraum”. Is Washington Preparing to Wage War on Russia?

Seeing through the Official Lies on Ukraine  “We can no longer find any willingness on the part of Poland to conduct serious negotiations with us. These proposals for mediation have failed because [of ] – – Polish mobilization.” (Adolph Hitler, 1939)  These are the words of Adolph Hitler just before invading Poland and then the Soviet Union. I have replaced …

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Yana Kunichoff – Goldman Sachs’ New Loan Program Enters Underregulated, Potentially Abusive Loan Marketplace

In the heady and panicked months following the financial crash of 2008, the US government bailed out a handful of the United States’ biggest financial institutions. Among those were the investment banks Goldman Sachs and Morgan Stanley, which together received bailouts and loans totaling over $100 billion. Among the terms of the bailout was that they both become bank holding companies, which meant …

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Climate Change: Don’t read this if you don’t want to know how bad it is

Abrupt Climate Change forced by 30 some odd self reinforcing feedback loops is making it possible to observe what was projected by the IPCC to occur by the end of the century now. You may have missed this news as there is a lot going on with the Donald. Methane Hydrate releases in the arctic as warned of by Sam Carana …

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KIRA LERNER – Bernie Sanders To Introduce Legislation Abolishing Private Prisons When Congress Reconvenes

Vermont Senator and Democratic presidential candidate Bernie Sanders said Tuesday that he will introduce legislation to abolish private prisons, one piece of his comprehensive racial justice reform package that has won praise from Black Lives Matter activists. “When Congress reconvenes in September, I will be introducing legislation which takes corporations out of profiteering from running jails,” the independent senator said at a campaign …

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Pratap Chatterjee – “Project Omega” Reveals Secrets Of Dark Pools Stock Trading

Investment Technology Group (ITG), a U.S. stock broker, paid a $20.3 million fine for running a secret operation named Project Omega to take advantage of “dark pools” trading orders made by its clients. Experts say that Barclays and Credit Suisse may also soon pay fines for dark pools trading scams.Most traders buy and sell stocks on public stock exchanges – …

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EUGEN VON BÖHM-BAWERK – Productivity In America Now On Par With Agrarian Slave Economy

In the first episode we showed how the US became an unsustainable service sector based economy from the 1970s onward when service sector employment diverged from manufacturing without a corresponding boost in productivity. In the second episode we laid out the consequences that transition has had on labour in terms of lower wages and benefits. In addition, we reiterated our argument that monetary policy …

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US Manufacturing PMI Tumbles To 22 Month Low: “Lack Of Growth” And Deflation Blamed

Not even the seasonally-adjusted sentiment surveys can give a glimmer of hope any more. A few weeks after the July ISM manufacturing report printed at the lowest since March, moments ago the Markit mfg PMI index was released, printing at justt 52.9, below the expected 53.8, and down from last month’s 53.8. This was the lowest level since October 2013 …

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US has 5 percent of world’s population, but had 31 percent of its public mass shooters from 1966-2012

CHICAGO — Despite having only about 5 percent of the world’s population, the United States was the attack site for a disproportionate 31 percent of public mass shooters globally from 1966-2012, according to new research that will be presented at the 110th Annual Meeting of the American Sociological Association (ASA). “The United States, Yemen, Switzerland, Finland, and Serbia are ranked …

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Richard Schiffman – How Can We Make People Care About Climate Change?

Per Espen Stoknes, a Norwegian psychologist and economist, has been doing a lot of thinking about a question that has bedeviled climate scientists for years: Why have humans so far failed to deal with the looming threat posed by climate change? That question is the focus of his recent book, What We Think About When We Try Not To Think About …