American Ruling Class

Unease at Clinton Foundation Over Finances and Ambitions

"The Clinton Foundation had become a sprawling concern, supervised by a rotating board of old Clinton hands, vulnerable to distraction and threatened by conflicts of interest. It ran multimillion-dollar deficits for several years, despite vast amounts of money flowing in. And concern was rising inside and outside the organization about Douglas J. Band, a onetime personal assistant to Mr. Clinton who had started a lucrative corporate consulting firm — which Mr. Clinton joined as a paid adviser — while overseeing the Clinton Global Initiative, the foundation’s glitzy annual gathering of chief executives, heads of state, and celebrities." Continue reading →

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Jack Lew’s “Extraordinary Measures” on Debt Just “Cooking the Books”

"A little known story that got absolutely no coverage from the mainstream media surfaced last week about the reports from the Treasury Department’s Financial Management Service. The FMS reports both the Daily Treasury Statement and the Monthly Treasury Statement. According to these reports the federal deficit rose by $98 billion dollars in July, but somehow the federal government’s debt remained exactly the same at $16,699,396,000,000 for the whole month. It seems that Treasury Secretary, Jack Lew got a bit creative and magically decided to stop the addition of more debt from showing up in the reports. Wow, don’t we all wish we could do that?" Continue reading →

Continue ReadingJack Lew’s “Extraordinary Measures” on Debt Just “Cooking the Books”

Justice seeking to block Bernanke testimony

"The government is trying to block questioning of Federal Reserve Chairman Ben Bernanke in a lawsuit by the former head of American International Group Inc. The Justice Department told a federal appeals court Friday that high-ranking officials should not have to testify except in extraordinary circumstances. Former AIG CEO Hank Greenberg sued the government over the $182 billion bailout of the insurance giant that has since been repaid. It is rare for a Fed chairman to be questioned in a lawsuit, but Judge Thomas Wheeler ruled that Bernanke has firsthand knowledge of the bailout and should undergo questioning." Continue reading →

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McCain and Graham flipflop on aid to Egypt– after AIPAC speaks up

"Two conservative senators, John McCain and Lindsey Graham, went to Egypt this week to urge Egyptian leaders to show more respect for democracy. McCain and Graham may be Republicans, but they have a lot of clout. They were reported to have the blessing of the Obama administration in making this embassy. Why do they have such clout? One reason is that they are extremely responsive to the Israel lobby. In fact, both men lately flipflopped on a principled statement-- cutting off aid to Egypt -- evidently at the urging of AIPAC, the leading Israel lobby organization." Continue reading →

Continue ReadingMcCain and Graham flipflop on aid to Egypt– after AIPAC speaks up

The Pantheon

"Edward Snowden, Glenn Greenwald, Bradley Manning, Julian Assange, Sibel Edmonds, Karen Kwiatkowski, Gary Webb, Danny Casolaro, John Stockwell, Daniel Ellsberg, Mike Gravel, A. Ernest Fitzgerald, Whitaker Chambers, Benjamin Gitlow, and Smedley Darlington Butler are heroes and heroines in the pantheon of whistleblowers who put their conscientious dedication to first principles ahead of a pretended allegiance to duplicitous cabals within a criminal state which had betrayed the fiduciary trust and essential liberties of the people." Continue reading →

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Jesse Jackson Jr. sentenced to 30 months in federal prison

"Jackson and his wife, Sandra 'Sandi' Stevens Jackson, both entered guilty pleas in February to appropriating about $750,000 from campaign funds to pay for private school tuition for their children, trips to Costco, expensive clothes and a gold-plated Rolex watch. Jackson was emotional Wednesday morning as he addressed U.S. District Judge Amy Berman Jackson (no relation)." Continue reading →

Continue ReadingJesse Jackson Jr. sentenced to 30 months in federal prison

IMF Historian Whitewashes The Soviet Spy Career Of The Fund’s Founder

"President Harry S. Truman’s efforts to keep secret the FBI’s investigation of FDR official Harry Dexter White’s illegal activities was the reason why White never became managing director of the Fund – and indeed the reason why the tradition of a European heading the Fund, rather than an American, began in the first place. What Truman, and indeed the FBI, had been unaware of in 1946 was that intercepted wartime Soviet intelligence cables would establish White’s culpability. Decrypting of such cables, part of the top-secret 'Venona Project,' took place over many decades, and the first one mentioning White’s activities was not known to the FBI before 1950." Continue reading →

Continue ReadingIMF Historian Whitewashes The Soviet Spy Career Of The Fund’s Founder

The Arbitrary Diktats of Generalissimo Obama

"The type of quandary that catches my attention is when the Obama Administration delays big parts of Obamacare (hooray!), but does so by cavalierly deciding to disregard the law (boo!). Unfortunately, this isn’t a joke. I wrote about this topic last month and asserted that one of 'the defining characteristics of a civilized government is adherence to the rule of law.' Why is this important?" Continue reading →

Continue ReadingThe Arbitrary Diktats of Generalissimo Obama