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Michael Snyder – Corporations Are Defaulting On Their Debts Like It’s 2008 All Over Again

The Dow closed above 18,000 on Monday for the first time since July.  Isn’t that great news?  I truly wish that it was.  If the Dow actually reflected economic reality, I could stop writing about “economic collapse” and start blogging about cats or football.  Unfortunately, the stock market and the economy are moving in two completely different directions right now.  …

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Ben White – What Clinton said in her paid speechesd

NEW YORK — When Hillary Clinton spoke to Goldman Sachs executives and technology titans at a summit in Arizona in October of 2013, she spoke glowingly of the work the bank was doing raising capital and helping create jobs, according to people who saw her remarks. Clinton, who received $225,000 for her appearance, praised the diversity of Goldman’s workforce and …

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Goldman Sachs Chief Threatened by ‘Dangerous’ Criticism from Sanders

Just days after a Bernie Sanders campaign ad singled out Goldman Sachs as “one of the Wall Street banks that triggered the financial meltdown,” the head of the global investment banking firm said such criticism is “dangerous.” According to The Hill: Sanders has railed against Wall Street throughout his populist campaign, accusing the sector of ruining the economy and holding down the middle class. …

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RALPH NADER – Hillary Clinton should tell the people what she said in her private speeches

Last month as Hillary Clinton was leaving a town meeting in Manchester, Lee Fang of the Intercept asked her if she would release the transcripts of her paid, and very private speeches to Goldman Sachs, the Wall Street powerhouse historically deep in Washington, D.C., influence-peddling. Mrs. Clinton just laughed. It is probably a good bet that her laugh was masking …

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Ariel Noyola Rodríguez – Where will the Next Global Economic Crisis Explode? Colossal Stock Market Losses in 2016

The year 2016 has hardly begun and the losses in different stock markets around the world care colossal: nearly 8 trillion US dollars during the first three weeks of January according to the calculations of the Bank of America Merrill Lynch. The Government of the United States made addicts of investment banks of policies of cheap credit. And now that …

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Gold Is Back in Fashion After a $15 Trillion Global Selloff

The $15 trillion rout in global equity markets since May is reawakening the lure of gold for investors seeking safety. Hedge funds and other large speculators more than doubled their net-long position in bullion last week, just three weeks after they were the most-bearish ever. Investor holdings of gold through exchange-traded products are expanding at the fastest pace in a …

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Lee Fang – Hillary Clinton Laughs When Asked if She Will Release Transcripts of Her Goldman Sachs Speeches

After Hillary Clinton spoke at a town hall in Manchester, New Hampshire, on Friday, I asked her if she would release the transcripts of her paid speeches to Goldman Sachs. She laughed and turned away. Clinton has recently been on the defensive about the speaking fees she and her husband have collected. Those fees total over $125 million since 2001. …

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Gathuru Mburu – Decolonizing Our Minds and Our Lands

Recolonization is happening. There is a second scramble, not just in Africa, but across the global South. Corporations started it. We need to name and shame these corporations – Monsanto, Syngenta, Cargill, and the program promoting them, AGRA [A Green Revolution for Africa] – to take this battle to the next level. The wars [of conquest of Africa] have not …

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Valentin KATASONOV – Ukraine’s Default, Kiev’s Desperate Maneuvers, and IMF’s Backroom Deals

Ukraine is headed straight toward a full-scale default on its public debt, which currently totals $70 billion, of which $40 billion is owed to foreign creditors, about half of whom are private lenders, while the others are official state or public entities (such as foreign governments and international financial institutions). Strictly speaking, Ukraine has already defaulted, because on September 23 …

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The Mark Riley Show – 08.26.15

– In questions over Shaun King’s race, activists see challenge to Black Lives Matter movement. Conservative idiots see this as a big issue. Why? Because they’ve got nothing else in their quiver.

– Virginia TV reporter and photographer shot during live broadcast. Yet another instance of the wrong person having access to guns. In this case, it’s allegedly a former employee.

– Louisiana state trooper is killed in shooting at traffic stop. Yes, cop’s lives matter too, and if no one else will say anything about the loss of a life, we will!

– As Donald Trump and Jorge Ramos clash, Latino news media airs its offense. So should blacks, Jews, Asians, and everybody else of good will. That’s just in case Trump actually runs through the primaries.

– Speaking of immigration,

– Asian congresswomen: Bush’s anchor baby comments prove he’s unfit for presidency. Not just JEB…ANYBODY who has a policy of gutting the 14th Amendment is totally unfit. I do have a solution to this nonsense, however.

– Signs, long unheeded, now point to risks in US economy. We Americans are such cockeyed optimists. Yet recent market gyrations could spell trouble, even for average people with no money in markets.

– Marcy Borders, subject of iconic 9/11 dust lady photo dies after battle with stomach cancer. Yet more proof, if any is needed, that the entire area around the World Trade Center was toxic. Marcy Borders was only 42.

– Black women kicked off NAPA wine tour train get apology from CEO after hashtag #Laughing While Black goes viral. Would there have been an apology without the exposure? Probably not.

– Aggressive panhandling costumed characters spread from Times Square to the Battery, Coney Island, sparking turf war, The media in this town are perpetrating the biggest fraud in years in making this a life or death story. And the mayor and governor, in trying to find some flimsy reason to ban the Denudas, are no better than those trying to gut the 14th Amendment.

– Bill de Blasio claims people ‘not buying the hype’ of his bad press. He better be careful, lest they do sometime closer to election day.