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Lorenzo Bini Smaghi: Reform denial poses bigger threat to Italy than austerity

from FT:

An apparently obvious conclusion from last month’s Italian elections is that citizens – ie, voters – don’t like austerity programmes. The question that voters, especially in Italy, may not yet have reflected upon is what is the alternative in order to reduce the excessive burden of the debt, public or private, which has been accumulated over the past. There are at least three choice. Read more

Congress Investigates WH Taxpayer-Funded Payoffs to MSNBC’s Olbermann, Maddow

Stimulus funds allegedly directed at Obama’s worthless “green job” ads created zero jobs

 

Melissa Melton
Infowars.com
September 1, 2012

Still unsure where all of the president’s $831 billion dollars in stimulus went?

So are a lot of Americans, including a House committee currently demanding records on half a million dollars in phony MSNBC ad buys the White House procured to promote job opportunities that did not exist.

The House Committee on Education and the Workforce wants [...]

A Few Things That Average Joes Should Understand About The Stock Market

Charles Hugh Smith, Of Two Minds

Common sense leads us to the “obvious” conclusion that the U.S. stock market is a rigged skimming operation that is essentially a form of legalized, officially sanctioned fraud.

 

Active traders and professional money managers already know how the U.S. stock market actually works, but Joe and Jane Citizen, whose pensions generally depend on the market in some way, typically do not. This entry is for them.

Today’s financial [...]

All “reasons” for war on Iran are “emperor has no clothes” obvious lies

Carl Herman
Washington’s Blog
Monday, December 19, 2011

The US and Israel lie for war with Iran in two key areas of propaganda that you are responsible to understand if you want a US government operating UNDER the law:

Iran’s president never physically threatened Israel.
All of Iran’s nuclear material is fully accounted for peaceful and legal use for energy and medicine.
The US completely lied for its unlawful attack and invasions of Afghanistan and Iraq. [...]

Bush? Obama? Congress Spends the Money

I’m really getting tired of hearing about Bush’s spending compared to Obama’s (don’t get me wrong, like most conservatives, I didn’t approve of Bush’s spending either). I’m also tired of hearing about Clinton’s surplus (you know, the surplus where we continued to fall deeper in debt…).

 

Congress (specifically, the House) has the greatest authority over the purse. Want a better picture of federal financial management [...]