Hard hitting global and local news
The medicine is killing the patient. Increasing the dose is madness. Greece outside the Eurozone may well provide an inspiration for Spain, Portugal, and many other countries.
Updates on Syria conflict + VoltaireNet’s June 2012 warning of vast NATO disinformation campaign now seemingly underway.
What Role Does Government Play in Price Inflation?
Charlie Skelton of The Guardian Exposes the NATO Networks Spreading Big Lies Against Syria. Webster G. Tarpley, Ph.D
This is what I stated, adding the words [banks thought]. The email from reader David follows this recap. Five Reasons Banks Extended Credit in Housing Bubble Years [Banks thought] People would pay mortgage loans because they always did [Banks thought] Housing prices would rise sufficiently to cover defaults [Banks thought] Mortgage interest rates to subprime borrowers were high enough to cover risk [Banks thought] Defaults would happen over a long period of time, not quickly concentrated Banks could pass the trash to Fannie Mae and Freddie Mac (without clawbacks for non-performance), and/or loans could be sliced and diced in tranches to investors If any of those conditions were true, then banks were indeed making loans to “credit-worthy” borrowers
Begins with ending arms, cash, and support for terrorist front. by Tony Cartalucci July 16, 2012 – At 20 million, if even half of Syria’s population rose up against the government of President Bashar al-Assad, armed with pointed sticks, the revolution would be over in an afternoon. Instead, it has dragged on for nearly a year and a half, consisting of hit-and-run battles, terrorist bombings, and cross-border infiltration – indicating that but a slim minority has "risen up" and of that minority, the vast majority of them are sectarian extremists – admittedly many are not even Syrian. Most importantly, it is not within Syria, but beyond its borders, that these "rebels" derive the summation of their support
Sunday, July 15, 2012 Hillary Clinton Must Resign (Op-ed) Cites false reports regarding Syria "massacre" to call for UN Chapter 7.
Ted Kirkpatrick said… Thanks for taking up Josh Marshall’s challenge, Brian! I’d love to see a reference to Romney’s $100 million IRA in the subtitles. It encapsulates the built-in advantages that only the very wealthy possess.
