Reposted from Baher Kamal’s excellent “Human Wrongs Watch” – which we recommend warmly, not because it is uplifting but because it monitors facts and truths about our international society that wealthy people – and Western ‘democratic’ leaders – everywhere would like you not to know about or think of. That said, the facts that Oxfam Read more

•    Globalization is progressive and has occurred in bursts that define globalization eras. The first era was the post-Bretton-Woods era (1971-1991), starting when the US dollar was decoupled from gold. End results of the post-Bretton-Woods era were: the systematic relative loss of middle-class economic status, and palpable social misery in the West, such as the Read more

Economic forecasters have underestimated how bad the current crisis is because they have over-estimated the strength of the real economy and failed to take into account the extent of its dependence upon a buildup of debt that relied on asset price bubbles. In the U.S., during the recent business cycle of the years 2001-2007, GDP Read more

The USA cannot be in every village and board room. Without the dollar, it is not the master of the world. This explains almost everything. – Denis Rancourt The truth is that the US foreign policymakers don’t actually care that much who ends up owning or operating the wells. They mostly care what currency the oil Read more

My job, she said, was “to encourage world leaders to become part of a vast network that promotes U .S. commercial interests. In the end, those leaders become ensnared in a web of debt that ensures their loyalty. We can draw on them whenever we desire — to satisfy our political, economic, or military needs Read more

Before we go on to speak about Aldous’ brother Julian Huxley, I will say just a few words on his father Leonard. Leonard Huxley published in 1926 his “Progress and the Unfit,” which was subsequently used to promote the Eugenics movement, to which H.G. Wells and Leonard’s son Julian were outspoken avid supporters of. He Read more

We had stumbled into the fundamental reality of fiat systems: they appear to offer choice while constraining all possible outcomes within predetermined parameters.The same mechanism that allows central banks to create “money” from nothing while maintaining the illusion of scarcity, that permits pharmaceutical companies to create diseases in order to sell cures, that enables media Read more

“Banking institutions are more dangerous to our liberties than private armies. If the American people ever allow private banks to control the issue of their currency… the banks… will deprive the people of all their property” – Thomas Jefferson “.. a network of private bankers has taken over control of the international money system… credible Read more

On March 4, 1933, Roosevelt was inaugurated. Six days later, by executive order, he took the US off the gold standard. Now, no one, other than a Federal Reserve bank, would even be allowed to hold gold or gold certificates except for up to $100 for use in the arts or collectibles.[ii] Those who say Read more