Alternative News

Stand With Whistleblowers

"The Bradley Manning Freedom Torch Parade began this weekend in San Francisco, and will feature solidarity events across the US. We at the Center for a Stateless Society were among the first organizations to sponsor this effort to defend whistleblowers. If there is an event near you, I urge you to participate. If not, I suggest you organize one. Whistleblowers like Manning risk their lives and liberty to shine a light on abusive state power. It’s time for us to stand in solidarity with them." Continue reading →

Continue ReadingStand With Whistleblowers

Why Roger Stone’s JFK book has to be taken seriously

"Roger Stone is the first JFK assassination author to have worked in the White House and among the few who have personal acquaintances with JFK’s sucessors. Stone’s background doesn’t mean that his interpretation of November 22, 1963, is necessarily correct, but he cannot be dismissed as 'conspiracy theorist' who is deluded about the realities of American politics and power. To the contrary, he has far more first-hand experience with those Washington realities than an academic like John McAdams or a prosecutor like VIncent Bugliosi. I think Stone’s indictment of Lyndon Johnson deserves to be taken more seriously than anyone else’s." Continue reading →

Continue ReadingWhy Roger Stone’s JFK book has to be taken seriously

US Marines Put On Alert To Move Into Egypt Amid Violent Protests

"Amid anti-government demonstrations planned for this weekend, roughly 200 combat-capable U.S. Marines in southern Europe have been put on an alert status should they need to protect the U.S. Embassy or American citizens in Egypt, CNN is reporting. The Marines were told to be ready to deploy within an hour, and would be flown in via MV-22 Osprey, the Marine Corps’ rapid deployment aircraft. A state department spokesman told CNN that the move is precautionary, and that the U.S. fully expects the Egyptian security forces to be able to protect the American diplomatic facilities." Continue reading →

Continue ReadingUS Marines Put On Alert To Move Into Egypt Amid Violent Protests

Records Obtained Detailing Obama Administration’s Warrantless Collection of Citizens’ Personal Financial Data

"Judicial Watch announced today that it has obtained records from the Consumer Financial Protection Bureau (CFPB) revealing that the agency has spent millions of dollars for the warrantless collection and analysis of Americans’ financial transactions. The documents also reveal that CFPB contractors may be required to share the information with 'additional government entities.'" Continue reading →

Continue ReadingRecords Obtained Detailing Obama Administration’s Warrantless Collection of Citizens’ Personal Financial Data

The Bush-Obama Great Stagnation

"Robert Higgs has another must read in his 'Etceteras … Real Gross Domestic Private Product, 2000-2012' in the most recent Independent Review. He provides good arguments on why government product should be (and perhaps almost was) excluded from income and product accounts. He then builds a measure of Real Gross Domestic Private Product for the Bush-Obama years. Based on his calculations, he states, 'Perhaps the most positive statement we can make about the private economy’s performance during this thirteen-year period is that it has been somewhat better than complete stagnation.'" Continue reading →

Continue ReadingThe Bush-Obama Great Stagnation

‘Pawn Stars’ Owner: Selling Personal Gold At A Loss For Tax Writeoff, Then Buying Back

"Harrison noted that while gold is plunging on the commodities exchanges, he's finding it difficult to build an inventory for his shop. 'I retail gold and silver and I'm having a real difficult time right now getting physical metal,' he explained. 'It's the crazy world about gold and silver: Sometimes the paper market is going down but you can't find actual physical items.' The reason, he said, was a lack of physical product, which he blamed on private and government mints not keeping up with demand. But this same phenomenon should help prices see a bottom shortly. 'I still pay right around spot — I don't think it's going to go much lower,' Harrison said." Continue reading →

Continue Reading‘Pawn Stars’ Owner: Selling Personal Gold At A Loss For Tax Writeoff, Then Buying Back

LBMA: Volume Of Gold Transferred Climbs To 12-Year High In May On ETF Redemptions

"The amount of gold transferred between accounts of London Bullion Market Association members rose sharply in May, the organization reported Friday. Total gold transfers rose by 17.2% to a daily average of 28.2 million ounces, the most in 12 years. Despite continued offloading of gold by exchange-traded funds in the Western economies, strong physical demand for gold on falling prices -- particularly from India and China -- led to a significant increase in demand, the LBMA said, The value of gold ounces transferred increased by 11.2% to a daily average of $39.8 billion, the highest level since August 2011." Continue reading →

Continue ReadingLBMA: Volume Of Gold Transferred Climbs To 12-Year High In May On ETF Redemptions

“Banish Fractional Reserve Banking for Real Reform”

". . . says Thomas Mayer, a former IMF economist and former Chief Economist of Deutsche Bank Group and Head of DB Research, and now a Deutcshe Bank Senior Advisor. Mayer goes on to cite Austrian monetary and business-cycle theorist Jesus Huerta de Soto on the causal connection between fractional reserves and banking crises throughout history. He points out: 'Since there is no single state in the eurozone able to bail out banks in a systemic crisis, a banking regime without state backing is needed.' He concludes his letter with a four-step plan for 'comprehensive' banking reform that would implement just such a regime." Continue reading →

Continue Reading“Banish Fractional Reserve Banking for Real Reform”

The Last Mystery of the Financial Crisis

"Thanks to a mountain of evidence gathered for a pair of major lawsuits, documents that for the most part have never been seen by the general public, we now know that the nation's two top ratings companies, Moody's and S&P, have for many years been shameless tools for the banks, willing to give just about anything a high rating in exchange for cash. In incriminating e-mail after incriminating e-mail, executives and analysts from these companies are caught admitting their entire business model is crooked. 'Lord help our fucking scam . . . this has to be the stupidest place I have worked at,' writes one Standard & Poor's executive." Continue reading →

Continue ReadingThe Last Mystery of the Financial Crisis