Land of the Free, Home of the Poor

Financial gains over the last decade in the United States have been mostly made at the 'tippy-top' of the economic food chain as more people fall out of the middle class. The top 20 percent of Americans now holds 84 percent of U.S. wealth, as Paul Solman found out as part of a Making Sen$e series on economic inequality.

http://www.pbs.org/newshour/bb/business/july-dec11/makingsense_08-16.html



Do You Realize That The Government Is Still Paying Banks Not To Lend?

And it s doing that while screwing average Americans who have been responsible and lived within their means.

http://www.businessinsider.com/government-paying-banks-not-to-lend-2011-8



US moral authority undercut by war on terror

With indefinite detentions, military trials and targeted killings of terror suspects, the Obama team has 'actually entrenched the global war framework,' Shamsi said.

http://www.rawstory.com/rs/2011/08/17/us-moral-authority-undercut-by-war-on-terror/


From Information Clearing House

--------

Looting frenzy

CounterPunch
by Linh Dinh

08/17/11

Our banking system makes money out of nothing, lends us cash that it doesn t even have, and with Washington as its protector and enforcer, ensures that what we own is worth less and less, while we must work more and more to make payment after unending payment, with compounding interest, penalties, fees and whatever else it feels like tagging on at the end. The Federal Reserve, then, is not an institution with 'public purposes and private aspects,' but exactly the opposite. Like our federal government itself, it is a cartel with ruthless, private objectives hidden behind a public facade...

http://counterpunch.org/dinh08172011.html



Planet of the taxpayers

Ludwig von Mises Institute
by Jeffrey A. Tucker

08/17/11

The whole system in a free market operates not on a master/slave relationship but on an exchange nexus. All parties have to agree. If anyone is enslaved in this system, it is the corporation, which must slavishly try to extract money from us by giving us goods and services that we want. If they fail, they die. If they live, it is we who give them life...

http://mises.org/daily/5555/Planet-of-the-Taxpayers


Informant: Thomas L. Knapp



http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=global+war+on+terror
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=military+trial
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=indefinite+detention
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=target+killing
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=corporat
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=banking+system
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Federal+Reserve
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=inequality
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=taxpayer
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=wealthy
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=middle+class
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=poor
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Linh+Dinh
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Jeffrey+A.+Tucker
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