The Federal Reserve Abolition Act

The Federal Reserve Abolition Act - by Stephen LendmanOn June 15, 2007, Ron Paul introduced HR 2755: Federal Reserve Abolition Act. There were no co-sponsors, no further action was taken, and the legislation was referred to the House Committee on Financial Services and effectively pigeonholed and ignored. It's a bold and needed measure to "abolish... Continue Reading →

Obama v. Richard Falk on Israel and Occupied Palestine

Obama v. Richard Falk on Israel and Occupied Palestine - by Stephen LendmanObama leaves no ambiguity where he stands. From public statements, campaign pledges, policy advisors, and war cabinet selections, his positions affirm:-- one-sided pro-Israeli zealotry; -- continued Palestinian oppression; -- no end to the Iraq war and occupation;-- possibly attacking Iran and/or allying with... Continue Reading →

Obama’s New Appointments

Obama's New Appointments - by Stephen LendmanThe beat goes on. As with his economic and security appointments, Obama again disappointed but didn't surprise. Without exception, his team assures business as usual, a near-seamless transition from George Bush, and not "change to believe in." His latest choices raise more cause for concern and with good reason.Media... Continue Reading →

Excess Debt and Deflation = Depression

Excess Debt and Deflation = Depression - by Stephen LendmanIrving Fisher (1867 - 1947) was perhaps the most noted economist of his day. The Concise Encyclopedia of Economics calls him "one of America's greatest mathematical economists and one of" its clearest writers. He earned special acclaim for his work on monetary and statistical theory, policy,... Continue Reading →

The Persecution of Syed Fahad Hashmi

The Persecution of Syed Fahad Hashmi - by Stephen LendmanIt's a familiar story. A Muslim American is accused of terrorism for supporting Al Queda and conspiracy to provide support for a Foreign Terrorist Organization (FTO). The prosecution asks for the maximum sentence. Once again, an innocent man is arrested, charged, indicted and convicted with no... Continue Reading →

The Global Economic Crisis – Bad and Worsening

The Global Economic Crisis: Bad and Worsening - by Stephen LendmanIn a new article, economics professor Richard Wolff explains the current crisis in Marxian terms. It "emerged from the workings of the capitalist class structure. Capitalism's history displays repeated boom-bust cycles punctuated by bubbles. They range unpredictably from local, shallow and short to global, deep... Continue Reading →

Obama’s War Cabinet

Obama's War Cabinet - by Stephen LendmanDecember 1 brought more disappointment but no surprises. Obama's national security appointees (like all his earlier ones) aren't "change to believe in" or what people expected for their votes. They're recycled establishment figures. Their agenda is business as usual, and they'll continue the same failed Bush administration policies at... Continue Reading →

Obama’s Economic Dream Team?

Obama's Economic "Dream Team"? - by Stephen LendmanDream on if you believe it, and something must be up if Karl Rove says it. In a November 28 Wall Street Journal op-ed, he called it "a first-rate economic team" while at the same time objecting to possible (not yet announced) stimulus package elements not entirely to... Continue Reading →

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