LIBOR: Viewing the Biggest Financial Crime in History

    It’s been five years since a few academics and journalists began to dig up evidence that something was wrong with the London Inter-Bank Offered Rate, or LIBOR (pronounced appropriately as “lie-bore.”) The data that curious researchers were…

College Education in America: “Learning to Be STUPID in the CULTURE of CASH”

Incisive and provocative analysis first published by Global Research in August 2003. You might think that reading about a Podunk University’s English teacher’s attempt to connect the dots between the poverty of American education and the gullibility of the American public may be a little trivial, considering we’ve embarked on the first, openly-confessed imperial adventure of senescent capitalism in the US, but bear with me. The question my experiences in the classroom raise is why have these young people been educated to such abysmal depths of ignorance.

“I don’t read,” says a junior without the slightest self-consciousness. She has not the smallest hint that professing a habitual preference for not reading at a university is like bragging in ordinary life that one chooses not to breathe. She is in my “World Literature” class. She has to read novels by African, Latin American, and Asian authors. She is not there by choice: it’s just a “distribution” requirement for graduation, and it’s easier than philosophy -she thinks.

Next Month Obama Will Tell Netanyahu US Gearing Up for Iran ATTACK in June

When he visits Israel next month, US President Barack Obama will tell Prime Minister Benjamin Netanyahu that a “window of opportunity” for a military strike on Iran will open in June, according to an Israeli TV report Monday evening. Obama will come bearing the message that if diplomatic efforts and sanctions don’t bear fruit, Israel should “sit tight” and let Washington take the stage, even if that means remaining on the sidelines during a US military operation, Channel 10 reported. Netanyahu will be asked to refrain from any military action and keep a low profile, avoiding even the mention of a strike, the report said, citing unnamed officials. In London Monday, Secretary of State John Kerry said an Iran with nuclear weapons was “simply unacceptable” and warned the time limit for a diplomatic solution was running out.

They Have No Idea Power Grab at the Fed

Are you ready for a good laugh? The head of the New York Fed wants Congress to grant the Central Bank extraordinary new powers to deal with future financial system emergencies like the bank run…