Monthly Archives: October 2010

A People’s History of Koch Industries: How Stalin Funded the Tea Party Movement

What few realize is that the secretive oil billionaires of the Koch family, the main supporters of the right-wing groups that orchestrated the Tea Party movement, would not have the means to bankroll their favorite causes had it not been … Continue reading

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The Guardian ~ US veteran who killed unarmed Iraqis wins Tea Party support

The basic facts are undisputed: on 15 April 2004 Ilario Pantano, then a second lieutenant with the US marines, stopped and detained two Iraqi men in a car near Falluja. The Iraqis were unarmed and the car found to be … Continue reading

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Al Jazeera ~ US-trained cartel terrorises Mexico

It turns out that the Mexican drug cartel responsible for massacring 72 migrant workers in August was started by former Mexican army elite forces. Their group was formed in 1994 to crush the Zapatista uprising, after which it received special … Continue reading

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Mother Jones: Fannie and Freddie’s Foreclosure Barons

While the mortgage fiasco has so far cost American homeowners an estimated $7 trillion in lost equity, it has made Stern (no relation to NBA commissioner David J. Stern) fabulously rich. His $15 million, 16,000-square-foot mansion occupies a corner lot … Continue reading

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Dr. Pitchfork ~ Tim Geithner’s Magical Mystery Tour Of TARP Propaganda Has Little Use For Truth

In “5 Myths About TARP,” Tim Geithner joins Steve Rattner and Herb Allison in the parade of Washington insiders who have gone out of their way to tout the great success of TARP, calling it the “most effective government program … Continue reading

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Michael Hudson ~ America’s China Bashing: A Compendium of Junk Economics

U.S. strategists would not mind seeing China’s economy similarly untracked by letting global speculators bid up the renminbi’s exchange rate – by enough to let Wall Street speculators make hundreds of billions of dollars betting on the run-up. “Free capital … Continue reading

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Vijay Prashad: The Waning of Obama

Barack Obama, Dinesh D’Souza and I went to college at almost the same time. Obama was at one end of Los Angeles (Occidental College), while I was at the other end (Pomona College). “We smoked cigarettes,” Obama wrote in Dreams … Continue reading

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