Paul Craig Roberts: Ship of Fools
• Rense.comThe world has never seen such total mindlessness. Napoleon's and Hitler's march into Russia were rational acts compared to the mindless idiocy of the United States government.
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The world has never seen such total mindlessness. Napoleon's and Hitler's march into Russia were rational acts compared to the mindless idiocy of the United States government.
An attorney for President Obama's Department of Justice has told the Ninth U.S. Circuit Court of Appeals that it supports the Bush administration's controversial state secrets defense in a lawsuit over the prior president's "extraord
Rahm is calling for full Congressional representation for the District of Columbia. D.C. will then have one house representative and two senators. Further solidifying the one party control over Washington
From crisis to catastrophe. Off a cliff. Dark, darker, darkest. Mortal danger of absolute collapse. Armageddon.
The pledges, amounting to almost two-thirds of the value of everything produced in the U.S. last year, are intended to rescue the financial system after the credit markets seized up about 18 months ago.
“The current US and UK approach may end up looking like the zombie banks of Japan that were never properly restructured and ended up perpetuating the credit crunch and credit freeze,” he said.
CIA director nominee Leon Panetta gave startling testimony in his confirmation hearings by retracting a statement critical of the Bush Administration’s rendition policy and proclaiming that CIA employees will not be punished for any war crimes that t
“I’m just saving your ass, stupid!” If this is what President George W. Bush said in response to the enemy within and his detractors now in power, are we to hang all our presidents accused of crime against humanity – real or imagined?
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“Deflation is a real risk facing the economy,” Summers, the director of the National Economic Council, said today on a conference call with reporters. “We do not have time to wait” to approve the fiscal-stimulus package the Obama administration is pu
The United States government has threatened to withhold intelligence cooperation with the UK if evidence of the alleged torture of a ‘terrorist’ detainee at Guantanamo Bay is made public.
President Obama said Wednesday the recession will turn into "a catastrophe" if the economic stimulus is not passed quickly, lobbying anew for the plan as its price tag climbed above $900 billion and drew more criticism.
This YouTube video is excellent proof that a well informed minority of Democrats are coming to the realization that Obama's economic policies are a fraud.
Both in his years in the Clinton treasury and as chair of the New York Federal Reserve Bank, Geithner has been paving the way for a runaway Wall Street. Nor has he changed his ways
Here's the deal. The government will buy the worst assets, dramatically overpay for them, stick taxpayers will the losses, and only reduce bonus pools of the banks by 40%. It's a great deal for those in the bonus pools. It's a horrid deal
Mr. President, you can no longer snow the American People nor can you allow others in the government to do so. They've figured it out - that this was one gigantic layered Ponzi Scheme, and frankly, they don't trust their government any more.
What we have from Team Obama is a bigger abortion of a :"throw money at bad bank assets" plan that I feared in my worst nightmare. And, they have the temerity to invoke triage to make what they are doing sound surgical and limited.
the tax code can hardly be blamed for the recent problems of Obama administration appointees who came up short in what they owed the government, several tax experts said . "I can't believe they didn't know what was going on," said
Nancy Killefer withdrew her candidacy to be the first chief performance officer for the federal government, saying she didn't want her bungling of payroll taxes on her household help to become a distraction for the Obama administration.
President Obama is accomplishing the impossible. He’s making George W. Bush look good, which is almost as difficult as making okra look good to a kid.