Obama’s Rogue Agenda

On Wednesday, Obama addressed income inequality. He called it “the defining challenge of our time.” He did so disingenuously. Throughout his tenure, he’s transferred America’s wealth to corporate interests and super-rich elites. He stole it from ordinary people doing so. Even Wall Street Journal editors said “few presidents have done more to increase inequality than […]

Empire, Power, and People with Andrew Gavin Marshall- Episode 91

Empire of Debt This episode examines the contours of how debt relates to imperialism in the modern world, noting its recent history from the oil price shocks to the 1980s debt crisis, the implementation of neoliberal reforms, central bank “independence” and the power of financial markets. Debt functions as a means of dependency and discipline, […]

Empire, Power, and People with Andrew Gavin Marshall- Episode 90

The Very Visible Hand of Financial Markets Today Thus goes the mythology, financial markets – like most markets – are said to be guided by an “invisible hand.” Like most mythology, it has little basis in fact. Today, financial markets are in actuality a “super-entity” cartel of global financial institutions, manifested as a “global supra-government” […]

The EyeOpener- Self-Issued Credit: A Monetary Solution

As the global economy continues to slow down, the world is being asked to focus on issues of so-called “sovereign debt,” “austerity,” “fiscal responsibility,” “belt tightening” and other such euphemisms for the grim reality that the public is now being asked to pony up the dough for the trillions that have been handed over to […]

The EyeOpener- Outrunning Collapse: The alternative currency solution

As residents of the Eurozone are all too aware these days, and others around the world are gradually beginning to understand, large, centrally-administered monetary unions may be the dream of the central banksters and the technocrats, but are a colossal failure in meeting the needs of ordinary citizens. As we examined on the program last […]

Banks Are “Where the Money Is” in the Drug War

“Big Lenders Face Few Hard Consequences for Violating Anti-Money Laundering Laws” By Bill Conroy Citigroup, JP Morgan Chase & Co., Wachovia (acquired by Wells Fargo in 2009), HSBC Holdings, ING Bank, Standard Chartered, American Express Bank International, and not a few others, have a common bond beyond ranking among the largest banks in the world. […]

The EyeOpener- What is Money?

In this age of panic over the sovereign debt crisis and the fiscal cliff and the debt ceiling negotiations, we are bombarded with talk of government money printing and images of the printing press, but how many people know that only a tiny fraction of money in the economy is actually in the form of […]