History Repeating

Paul Craig Roberts: How the US Became the USSR

"The communists had a Julian Assange and an Edward Snowden of their own. His name was Cardinal Jozef Mindszenty, the leader of the Hungarian Catholic Church. Mindszenty opposed tyranny. For his efforts he was imprisoned by the Nazis. Communists also regarded him as an undesirable, and he was tortured and given a life sentence in 1949. Freed by the short-lived Hungarian Revolution in 1956, Mindszenty reached the American Embassy in Budapest and was granted political asylum by Washington. However, the communists would not give him the free passage that asylum presumes, and Mindszenty lived in the US Embassy for 15 years, 79% of his remaining life." Continue reading →

Continue ReadingPaul Craig Roberts: How the US Became the USSR

Georgia: The New CIA-NATO Arab Terrorist Training Center

"Our majority is under this notion that Al Qaeda operatives are some Afghani version of our hillbillies: a bunch of primitive illiterate tribesmen clad in gauze shalwar, sporting a few feet-long beards, spitting out phlegm while marching around with pitchforks fighting the western windmills. If you read up on Mohamed and watch our Gladio series you’ll know and understand the significance of Georgia as the new NATO-CIA training center for Arab & North African military elites. As we speak they are training the next commandos for the next wave of terror attacks-whether under the old label aka Al-Qaeda or a brand new title equally glitzy and ferocious." Continue reading →

Continue ReadingGeorgia: The New CIA-NATO Arab Terrorist Training Center

U.S. Senator Wants Resolution Authorizing War With Iran If ‘Nothing Changes’ In Two Months

"Sen. Lindsey Graham (R-SC) said on Tuesday that he plans to introduce a resolution authorizing war with Iran if 'nothing changes' regarding the Islamic Republic’s nuclear program by the end of the year. 'If nothing changes in Iran, come September, October, I will present a resolution that will authorize the use of military force to prevent Iran from developing a nuclear bomb,' Graham told a 'cheering' audience at a conference put on by the right-wing group Christians United for Israel, according to CQ Roll Call." Continue reading →

Continue ReadingU.S. Senator Wants Resolution Authorizing War With Iran If ‘Nothing Changes’ In Two Months

TARP Audit: Housing Recipients Re-Defaulting in Alarming Numbers

"Nearly one-third of the homeowners who got help through the government's main foreclosure prevention program are defaulting again on their mortgages, according to a government watchdog's report. The Home Affordable Modification Program (HAMP) has worked on 1.2 million mortgage modifications since it started four years ago. Of those, more than 306,000 borrowers have defaulted again on their loans, and another 88,000 are at risk as well. The Special Inspector for the Troubled Asset Relief Program (SIGTARP), which conducted the review, said homeowners are also more likely to default again on the modified loans the longer they stay in the program." Continue reading →

Continue ReadingTARP Audit: Housing Recipients Re-Defaulting in Alarming Numbers

TARP Audit: Housing Recipients Re-Defaulting in Alarming Numbers

"Nearly one-third of the homeowners who got help through the government's main foreclosure prevention program are defaulting again on their mortgages, according to a government watchdog's report. The Home Affordable Modification Program (HAMP) has worked on 1.2 million mortgage modifications since it started four years ago. Of those, more than 306,000 borrowers have defaulted again on their loans, and another 88,000 are at risk as well. The Special Inspector for the Troubled Asset Relief Program (SIGTARP), which conducted the review, said homeowners are also more likely to default again on the modified loans the longer they stay in the program." Continue reading →

Continue ReadingTARP Audit: Housing Recipients Re-Defaulting in Alarming Numbers

Americans Gambling on Rates With Most ARMs Since 2008

"In the second year of the U.S. housing recovery, the loans that helped trigger the housing bust are making a comeback. Applications in late June rose to the highest level since 2008 after the Federal Reserve sent fixed rates surging by signaling it may curtail bond buying credited with pushing borrowing costs to the cheapest on record. The average 30-year fixed-rate mortgage jumped 1.2 percentage points in mid-July from May to the highest level in two years, adding about $200 a month to payments on a $300,000 mortgage. ARMs, loans with interest rates that adjust after initial fixed periods, usually of five, seven or 10 years, contributed to soaring defaults in 2008." Continue reading →

Continue ReadingAmericans Gambling on Rates With Most ARMs Since 2008

Americans Gambling on Rates With Most ARMs Since 2008

"In the second year of the U.S. housing recovery, the loans that helped trigger the housing bust are making a comeback. Applications in late June rose to the highest level since 2008 after the Federal Reserve sent fixed rates surging by signaling it may curtail bond buying credited with pushing borrowing costs to the cheapest on record. The average 30-year fixed-rate mortgage jumped 1.2 percentage points in mid-July from May to the highest level in two years, adding about $200 a month to payments on a $300,000 mortgage. ARMs, loans with interest rates that adjust after initial fixed periods, usually of five, seven or 10 years, contributed to soaring defaults in 2008." Continue reading →

Continue ReadingAmericans Gambling on Rates With Most ARMs Since 2008

U.S. General: US military intervention in Syria would create ‘unintended consequences’

"The top US military officer warned senators on Monday that taking military action to stop the bloodshed in Syria was likely to escalate quickly and result in 'unintended consequences', representing the most explicit uniformed opposition to deeper involvement in another war in the Middle East. Dempsey's letter came after McCain announced he would block the general's reappointment to chair the joint chiefs of staff, the most senior position in the US military, until Dempsey provided the Senate with his assessment of the merits of US military action in Syria." Continue reading →

Continue ReadingU.S. General: US military intervention in Syria would create ‘unintended consequences’

Congress moves towards arming Syrian rebels

"President Barack Obama’s plan to provide vetted Syrian rebels with weapons and strategic military aid has gained traction in Congress, US lawmakers said Tuesday. The United States is currently providing humanitarian and non-lethal military aid to rebel groups battling the regime of strongman Bashar al-Assad. Obama’s administration promised an expansion of military aid to Syria’s rebel forces in June after accusing the regime of using chemical weapons, but such aid has yet to be disbursed. Lawmakers have been split on the proposal, but on Monday House Intelligence Committee chairman Mike Rogers said a 'consensus' had been reached." Continue reading →

Continue ReadingCongress moves towards arming Syrian rebels

‘Are We Rome?’ Was A Questioned Asked and Answered Long Ago

"The US hunts down and kills very many innocents abroad by drone. It’s a bit of a sport—so much so that decadent New Rome has even established a 'new medal that honors drone pilots and computer experts' for their long-distance killing prowess. War-time slaughter has just been industrialized, streamlined, made more efficient in our times. Compare the demographic and economic indices of countries the US has invaded—for their own good, of course, but without their consent—before and after the 'merciful' intervention. The latter-day Rome has mechanized the warfare-state’s killing and has refined its propaganda wing to an art." Continue reading →

Continue Reading‘Are We Rome?’ Was A Questioned Asked and Answered Long Ago