Obama’s Achilles Heel: Banksters in the White House

I like President Obama.  My opinion is that he is an honest politician, with good intentions- a rare thing.  The appointees for his cabinet however, made me groan out loud.  The longer certain members of Barack’s staff are allowed to continue whispering into his ear, the greater the potential for disillusionment amongst the Hope Movement.  In a groundbreaking interview on PBS’ ‘Bill Moyer’s Journal’, Author and former S & L watchdog William Black discusses the ugly truth about the financial crisis and those within the Obama administration who have taken an active roll in ‘managing‘ the aftermath.  I invite you to watch the interview below, if you think you can handle the truth…My advice?  If you love Obama, then fight to have these crooks removed from his team. Continue reading “Obama’s Achilles Heel: Banksters in the White House”


Merrill Lynch Bonus Scandal Exposes Inefficacy of US Media

My hat is off to AFP for bringing this news of American ethics abuse nearly THREE FULL WEEKS before the US Newsrooms got a hold of it.

Way to go Frenchies.

It seems that the first article that Google indexed on the $3.6 billion in (TARP funded) bonuses paid out to Merrill Lynch employees was published by none other than the Agence France-Presse. Merrill Lynch paid out nearly 22 times as much as AIG did and yet until now avoided almost any of the damning feedback AIG has experienced recently.  My hat is off to AFP for bringing this news of American taxpayer abuse before even a mention in the illustrious New York Times.  Has American reporting really slipped this much since Woodward & Bernstein took down Nixon? Continue reading “Merrill Lynch Bonus Scandal Exposes Inefficacy of US Media”

Paul Krugman and the Latest Myth of Corporate Media

Olbermann and Maddow’s first journalistic failure of the Obama age.

If you have watched the MSNBC news stars lately (Olbermann, Maddow), you have likely seen this face:

Paul Krugman
Paul Krugman

This is Paul Krugman. His boyish, impish grin and his Nobel for Economics has been too much for TV news producers to resist ever since the financial crisis became a front page story.

Along with Krugman’s vague (and sometimes contradictory) ‘guidance’, you are likely to also hear this come through the lips of Maddow and Olbermann:

“Every economist in the country agrees that this stimulus package is required to prevent the recession from becoming another Great Depression.”

There are around 1500 professional economists in the country and 200 of those most CERTAINLY disagree with the statements of Krugman, Olbermann and Maddow. Continue reading “Paul Krugman and the Latest Myth of Corporate Media”