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The Finance Industry has Effectively Captured our Government

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In 2009, the Atlantic published an article by Simon Johnson titled The Quiet Coup:

The crash has laid bare many unpleasant truths about the United States. One of the most alarming, says a former chief economist of the International Monetary Fund, is that the finance industry has effectively captured our government—a state of affairs that more typically describes emerging markets, and is at the center of many emerging-market crises. If the IMF’s staff could speak freely about the U.S., it would tell us what it tells all countries in this situation: recovery will fail unless we break the financial oligarchy that is blocking essential reform. And if we are to prevent a true depression, we’re running out of time.

Quite simply said- and pretty damn obvious as well. Corporate powers now also dominate the media to effectively suppress conversations about both the coup and what we can do about it. Info overload does the rest.

I believe 70+ % of Americans agree about this state of affairs but most don’t know they have so much company – often because they are encouraged to use divisive rhetoric to express it so that gridlock appears to be the problem.

If TPP becomes a reality, we have no chance of ever getting our country back. Don’t you think it’s about time to loudly protest the theft of Democracy?? ISIL is no threat compared to this one! in fact it’s a joke.

Congressional report: Did Certain Foreign Governments Facilitate 9/11 ?

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A Congressional report titled “Finding, Discussion and Narrative Regarding Certain Sensitive National Security Matters” … has gotten zip coverage by the media. This report can be read only by heads of Senate and House intelligence committees and, with their permission, by Members of Congress who are carefully guarded and not allowed to take notes.

Friday, August 29, 2014 INFORMATION CLEARING HOUSE (ICH)

Did Certain Foreign Governments Facilitate the 9/11 Attacks?

By JUSTIN RAIMONDO
…….”One or more foreign governments,” eh? Who in the Middle East – or anywhere else, for that matter – are among “those whom we thought we could trust”? That doesn’t sound like the Saudis to me. Would anyone really be surprised or “disappointed” to learn that they were playing games behind our back?

[Kentucky’s 4th district] Rep. Thomas Massie’s statement is even more revealing: “I had to stop every two or three pages and rearrange my perception of history. And it’s that fundamental – those 28 pages ….It certainly changes your view of the Middle East.”…

read entire article here
 
 

Put Pressure on the Media to Expose the TPP!

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Hope: its infinite value and why it changes you from the inside out

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Maybe this all seems self-evident to me because I worked with the CETA program in 1974 etc and saw many who had convinced themselves that sitting on the corner was what they wanted to do, instead sign up for subsidized training for real jobs that had a future. (Most had to sit on a waiting list for 6 months, then show up daily for another 6 months of training before job placement. And they did it.)

Too many programs were designed to fail, but CETA wasn’t one of them! Neither sentimentality nor mercilessness give people what they need, but those are the postures most often adopted by pundits. Ivan Illich  wrote that the means to end poverty were known by the middle of the 19th century, but that Capitalism chose to continue a profitable system powered by human misery.

I’m not suggesting that the answer is some great communist muddle without a range of outcomes. What I am saying is that endemic poverty with a crust of plutocrats is an artificial condition manufactured and maintained by a class of parasites, who just happen to run both of our political parties.

 

The Economist  May 12th 2012   Hope springs a trap

An absence of optimism plays a large role in keeping people trapped in poverty

THE idea that an infusion of hope can make a big difference to the lives of wretchedly poor people sounds like something dreamed up by a well-meaning activist or a tub-thumping politician. Yet this was the central thrust of a lecture at Harvard University on May 3rd by Esther Duflo, an economist at the Massachusetts Institute of Technology known for her data-driven analysis of poverty. Ms Duflo argued that the effects of some anti-poverty programmes go beyond the direct impact of the resources they provide. These programmes also make it possible for the very poor to hope for more than mere survival.

She and her colleagues evaluated a programme in the Indian state of West Bengal, where Bandhan, an Indian microfinance institution, worked with people who lived in extreme penury. They were reckoned to be unable to handle the demands of repaying a loan. Instead, Bandhan gave each of them a small productive asset—a cow, a couple of goats or some chickens. It also provided a small stipend to reduce the temptation to eat or sell the asset immediately, as well as weekly training sessions to teach them how to tend to animals and manage their households. Bandhan hoped that there would be a small increase in income from selling the products of the farm animals provided, and that people would become more adept at managing their own finances.

The results were far more dramatic. Well after the financial help and hand-holding had stopped, the families of those who had been randomly chosen for the Bandhan programme were eating 15% more, earning 20% more each month and skipping fewer meals than people in a comparison group. They were also saving a lot. The effects were so large and persistent that they could not be attributed to the direct effects of the grants: people could not have sold enough milk, eggs or meat to explain the income gains. Nor were they simply selling the assets (although some did).

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Neo-censorship: One-story-at-a-time onslaught submerges and exhausts

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The news media is into one-story-at-a-time mode these days with 24/7 speculation and mindless blather until all are sick and tired of the story du jour. Then it’s on to the next one!

While this is happening all other news is submerged or omitted (neo-censorship). And after they have moved on, there is little demand for updates or follow-up, even when the events are of major significance.

Here’s one example of news we need to know- but probably don’t:   (you may have your own examples- send them in and I’ll add them on)

TEPCO now confirms nuclear meltdown in Fukushima reactor No. 1

May 12, 2011  by Mike Adams (NaturalNews)
TEPCO has now publicly admitted it wasn’t telling the truth about the severity of the damage to Fukushima reactor No. 1. We’re now being told what we’ve suspected all along — that nuclear fuel rods in that reactor are totally exposed and have suffered a nuclear meltdown, releasing vast amounts of radiation comparable to Chernobyl. As Bloomberg now reports, the water level in reactor No. 4 is one meter below the fuel assembly itself. This means, of course, that the water isn’t high enough to cover the fuel rods, which is why those fuel rods have suffered a nuclear meltdown.

The Associated Press is also reporting that “other fuel has slumped to the bottom of the pressure vessel and is thought to be covered in water.” This statement is astonishing all by itself because it means the fuel rods were in a total meltdown hot enough to cause their metal containment cylinders to “slump” and melt their way down to the lower levels of the coolant pools. Notably, AP carefully avoids using the term “melt” and instead says the fuel rods “slumped.” This is all part of the AP’s determined downplaying of the Fukushima catastrophe (see below).

Not surprisingly, as AP now reports, “The findings also indicate a greater-than-expected leak in that vessel.” But the laws of nuclear physics don’t care what you “expect,” you see. They don’t care about media spin or power company B.S. The laws of physics simply follow their natural course, regardless of what you hope they do.

And in the case of Fukushima, the laws of physics led directly to a core fuel meltdown that now even the mainstream media cannot deny (although they still aren’t calling it a “nuclear meltdown”). As AP reports:

Nuclear Industrial and Safety Agency officials said the new data indicates that it is likely that partially melted fuel had fallen to the bottom of the pressurized vessel that holds the reactor core together and possibly leached down into the drywell soon after the March 11 quake and tsunami that struck Japan’s northeastern coast.

Undeniable meltdown
What AP is describing, of course, is a nuclear meltdown. It doesn’t get any more obvious than this: The fuel reached melting temperature and melted down. Along with this, there would have had to be a massive release of radiation into the containment vessel, which just happens to have numerous holes in it that allow highly radioactive water to leak directly into the environment. No wonder TEPCO discovered its radiation detectors had all maxed out there and become non-functional. No wonder TEPCO had to selectively stop reporting radiation releases — it was in the middle of a Chernobyl-like core fuel meltdown!

The Telegraph in the UK is refreshingly printing the truth on this story: “One of the reactors at the crippled Fukushima Daiichi power plant did suffer a nuclear meltdown, Japanese officials admitted for the first time today, describing a pool of molten fuel at the bottom of the reactor’s containment vessel.”

But the mainstream media in the U.S. has obviously been instructed by the White House to avoid using the term “nuclear meltdown” in describing what happened at Fukushima. There is a rather blatant downplaying of the facts going on behind the scenes at the media giants.

Some of this spin can only be called blatant lies, by the way. In the same story linked above, AP claims “Unit 4 contained no fuel rods at the time of the earthquake…”

Huh? No fuel rods in reactor No. 4? What on Earth is this video showing? 

I love how the media admits it has been misreporting the truth of the situation all along, and then it comes up with new fairytale spin stories in practically the same sentence. They might as well just report, “There was no nuclear fuel in Fukushima at the time of the tsunami, and that’s why governments have stopped monitoring radiation levels.”

TEPCO once again meets Murphy’s Law
In any case, this sudden revelation that reactor No. 4 has already experienced a nuclear fuel meltdown is, not surprisingly, causing considerable setbacks to TEPCO’s plan to have the whole facility deactivated by Christmas. Just as NaturalNews publicly predicted, the Christmas shutdown plan was little more than a combination of fantasyland thinking and industry spin.

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Going Public- to see that justice is served

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March 26, 2011

A news discussion on CNN  yesterday revealed the Army’s reversal of charges of dereliction of duty by superior officers  Army accused of covering up mistakes in Afghan battle evidently in the hallowed tradition of “protecting the institution” and blaming the dead……

I noted another article in The Scientist which discusses the same inclination in scientific circles:

Sometimes going public with an accusation is the only way to bring the truth to light……..the local commission investigating the case might delay, play down or even suppress incriminating evidence, perhaps going public was the only way to see that justice was served.

A South Carolina news item Ideology trumps health reports:

Dr. David Cull, a prominent vascular surgeon in Greenville, had invented a small valve system that, if it works, could spare 300,000 dialysis patients across the country enormous suffering and save U.S. taxpayers billions of dollars.

But Cull’s hometown senator, Jim DeMint, would not write a letter supporting the surgeon’s application for a federal grant under the landmark health care bill that President Barack Obama signed into law a year ago today….

DeMint vowed in 2009 to make health care Obama’s “Waterloo” and is leading Republican efforts in Congress to repeal or deny funding to the law.

All our institutions are prone to cover their butts, choose ideology over the public good and discard those who seek justice.

In effect this delays institutional ability to learn from mistakes, and it used to go on for generations. New technology and recognition of the value of “transparency” (in word if not in action) are game changers.  Recent comments by Fouad Ajami about WikiLeaks in Foreign Policy magazine  included observations that nothing particularly new was revealed, just confirmation of what people already knew but was not officially acknowledged.

The powers-that-be are certain to push back in order to censor or punish those who reveal painful truths.  But those with the courage to go public today are challenging traditions of smirking hypocrisy, institutionalized corruption, and blaming the victim. I applaud them!

–Claudia

see also: Despite Reforms, Whistleblowers at Development Banks Face Retaliation
By Charles Davis

The Oily Billionaire Koch Bros’ Obscene Game of Monopoly

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AlterNet

Here’s an infographic from  friends at The Other 98%:

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