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Over the last year I have discovered a lot of great documentaries on the Internet. The frustrating part was trying to find them again for friends. Thus I started Video Journal(s) where I'm trying to weave the videos/documentaries into comprehensive stories. This Video Journal is about corruption, crony capitalism and corporate/Wall Street GREED.

I don't think people understand what Wall Street's GREED has gotten us into. Sure we all know about the 700 billion dollar TARP bail-out, and the 15.2 trillion dollars national debt.  But, I don't think people are aware of all the trillions of dollars the FED (Federal Reserve) has loaned to the Wall Street Banks... which doesn't trickle down to main street, or the 700 trillion dollar derivatives bubble that the banks are sitting on (see the Financial Crisis News Magazine).


Friday November 21, 2014
News Articles

Wall Street Stunned As Iceland Dares To Jail Banker Involved In 2008 Crash
ZeroHedge | author | 11/20/14

The impossible is possible. Never say never. Wall Street bankers are staring agog at headlines coming from Europe where, in Iceland, the former chief executive of one of the largest banks in the country which was involved in crashing the economy in 2008 has been sentenced to jail time. As Valuewalk reports, in receiving a one year prison sentence, Sigurjon Arnason officially became the first bank executive to be convicted of manipulating the bank's stock price and deceiving investors, creditors and the authorities between Sept. 29 and Oct. 3, 2008, as the bank's fortunes unwound, crashing the economy with it. ... Read more

3 Of The 10 Largest Economies In The World Have Already Fallen Into Recession -- Is The U.S. Next?
ZeroHedge | author | 11/20/14

Are you waiting for the next major wave of the global economic collapse to strike? Well, you might want to start paying attention again. Three of the ten largest economies on the planet have already fallen into recession, and there are very serious warning signs coming from several other global economic powerhouses.

Things are already so bad that British Prime Minister David Cameron is comparing the current state of affairs to the horrific financial crisis of 2008. In an article for the Guardian that was published on Monday, he delivered the following sobering warning: "Six years on from the financial crash that brought the world to its knees, red warning lights are once again flashing on the dashboard of the global economy." For the leader of the nation with the 6th largest economy in the world to make such a statement is more than a little bit concerning. ... Read more

U.S. Federal Reserve To Review How It Supervises Major Banks
HP | author | 11/20/14

The U.S. Federal Reserve said on Thursday it has launched a review of how it oversees major banks, calling on its inspector general to help with the probe after a series of critical reports.

Separate studies to be undertaken by the Fed's Washington-based Board of Governors and its Office of Inspector General are meant to ensure that "divergent views" about the state of large banks are adequately aired. ... Read more

Gold Repatriation Stunner: Dutch Central Bank Secretly Withdrew 122 Tons Of Gold From The New York Fed
ZeroHedge | author | 11/21/14

A week ago, we penned "The Real Reason Why Germany Halted Its Gold Repatriation From The NY Fed", in which we got, for the first time ever, an admission by an official source, namely the bank that knows everything that takes place in Germany - Deutsche Bank - what the real reason was for Germany's gold repatriation halt after obtaining a meager 5 tons from the NY Fed ...

... Some took offense with this, pointing out, accurately, that the gold held at the NY Fed in deposit form for foreign institutions had continued to decline into 2014 despite the alleged German halt. Well, today we know the answer: it wasn't Germany who was secretly withdrawing gold from the NYFed contrary to what it had publicly disclosed. It was the Netherlands. ... Read more

QE isn't dying, it's morphing
Nomi Prins | Nomi Prins | 11/10/14

A funny thing happened on the way to the 'end' of the multi-trillion dollar bond buying program known as QE - the Fed chronicles. Aside from the shift to a globalization of QE via the European Central Bank (ECB) and Bank of Japan (BOJ) as I wrote about earlier, what lingers in the air of "post-taper" time is an absence of absence. For QE is not over. Instead, in the United States, the process has simply morphed from being predominantly executed by the Federal Reserve (Fed) to being executed by its major private bank members. Fed Chair, Janet Yellen, has failed to point this out in any of her speeches about the labor force, inflation, or inequality.

The financial system has failed and remains a threat to us all. Only cheap money and the artificial inflation of asset values can make it appear temporarily healthy. Yet, the Fed (and the Obama Administration) continue to perpetuate the illusion that making the cost of (printed) money zero by any means has had a positive effect on the population at large, when in fact, all that has occurred is a pass-the-debt-ponzi-scheme co-engineered by the Fed and big US bank beneficiaries. That debt, caught in the crossfires of this central-private bank arrangement, is still doing nothing for American citizens or the broader national or global economy. Read more

Jon Stewart | "And when it does pass, (Keystone XL Pipeline)" Stewart concluded, "Mary Landrieu can be thankful that even though it didn't save her job, she can apply for one of the 35 to millions of jobs created by the pipeline." (11/21/14) [8:42]

So Many People Are Badly Traumatized by Life in America: It's Time We Admit It
AlterNet | Lynn Stuart Parramore | 11/19/14

Recently Don Hazen, the executive editor of AlterNet, asked me to think about trauma in the context of America's political system. As I sifted through my thoughts on this topic, I began to sense an enormous weight in my body and a paralysis in my brain. What could I say? What could I possibly offer to my fellow citizens? Or to myself? After six years writing about the financial crisis and its gruesome aftermath, I feel weariness and fear. When I close my eyes, I see a great ogre with gold coins spilling from his pockets and pollution spewing from his maw lurching toward me with increasing speed. I don't know how to stop him. ... Read more

Meet the Fortune 500 Companies (Corporations) Funding the Political Resegregation of America
MotherJones | Andy Kroll | 11/21/14

Over the past four to five years, the United States has been resegregated--politically. In states where registered Democrats outnumber Republicans and presidential races can be nail-biters, skillful Republican operatives have mounted racially-minded gerrymandering efforts--the redrawing of congressional and state legislative districts--that have led to congressional delegations stacked with GOP members and yielded Republican majorities in the state legislatures.

In North Carolina, Pennsylvania, and Ohio, to name just three, GOPers have recast state and congressional districts to consolidate black voters into what the political pros call "majority-minority districts" to diminish the influence of these voters. North Carolina is an especially glaring example: GOP-redistricting after the 2010 elections led to half the state's black population--1.1 million people--being corralled into one-fifth of the state legislative and congressional districts. "The districts here take us back to a day of segregation that most of us thought we'd moved away from," State Sen. Dan Blue Jr., who was previously North Carolina's first black House speaker, told the Nation in 2012. ... Read more

Senate | Permanent Subcommitee on Investigations
Democracy Now! U.S. and World News Headlines for Thursday, November 21 [8:09]
*DN | No Debate: Antiwar Voices Absent from Corporate TV News Ahead of U.S. Attacks on Iraq & Syria (11/20/14) [5:20]
*DN | Obama's Action Marks Historic Victory for Immigrant Rights, But Activists Warn of a Long Way to Go (11/21/14) [13:18]
DN | Viggo Mortensen Helps Mark 10 Years of Howard Zinn's "Voices of a People's History" (11/21/14) [13:06]
DN | Food Chains: New Film Tracks How Immokalee Workers Won Fair Wages from Corporate Giants (11/21/14) [3:41]
Bill Moyers - http:/billmoyers.com/
*BillMoyers | How Public Power Can Defeat Plutocrats (11/21/14) [25:25]
Lawrence Lessig and Zephyr Teachout return to talk about: Government has become a clearinghouse for corporations and plutocrats with deep pockets to buy the politicians who grease the wheels for lucrative contracts and easy regulation. It's all pay for play, and look the other way.
*TRNN | The Power to Create Money in the Hands of the Banks (11/21/14) [11:19]
The same financial institutions that created the financial crisis are now entrusted with one of the most power tools to shape the economy - and many elected officials have no idea, says Ben Dyson of Positive Money.
TRNN | Animal Agriculture: A Neglected Agent of Global Warming? (11/21/14) [11:36]
The co-producers of the documentary film "Cowspiracy" discuss the environmental impacts of animal agriculture - and why mainstream organizations have been silent about it.
Cowspiracy Official Trailer (06/06/14) [2:13]
Cowspiracy website
John Oliver
HBO | John Oliver: Predatory Lending () [16:31]
*How Money is Made | FED (Federal Reserve) | Banksters
Short Version | How the FED works[10:00]
Mike Maloney | The Biggest Scam In The History Of Mankind - Hidden Secrets of Money 4 [29:34]
CorbettReport | Century of Enslavement: The History of The Federal Reserve (2014) [1:30:11]
What is the Federal Reserve system? How did it come into existence? Is it part of the federal government? How does it create money? Why is the public kept in the dark about these important matters?
*Sustainable | Factory Farms | Climate Change
Click to zoom - for Larger Image
Meat the Truth (2011) [1:11:27]
A River of Waste: The Hazardous Truth About Factory Farms () [1:31:51]
FOOD, INC. by Robert Kenner () [1:00:00]
TYT | The Truth About Muslims Is The Same Truth About Your Family () [7:11]
Orthodox Jewish Men Cause Flight Delays After Refusing To Sit Next To Women (10/01/14) [6:41]
TRNN | Elizabeth Warren Spanks Fannie/Freddie Chief & He Barely Survives (11/21/14) [8:56]
TYT | Obama Lays Down The Law On Immigration (11/21/14) [11:08]
TYT | GOPer Practically Begging For Violent Reaction To Obama Immigration Speech (11/21/14) [10:05]
TYT | Immigration Reform Today, Ethnic Cleansing Tomorrow Says Top Kansas Republican (11/21/14) [4:03]
TYT | Grandmas Smoking Pot For The First Time (Hilariously Adorable Video) (11/21/14) [4:02]
Pretty cute video.
Tiny Homes
Awesome Micro Houses on Wheels Tiny Homes (04/11/14) [8:30]
Tiny home packs storage stairs, 2 lofts, tub in 136 sq ft (02/10/14) [14:22]
Spectacular 20ft Off-The-Grid Tiny Shipping Container House (09/25/14) [11:04]
Shipping containers recycled into affordable, accessible Utah home (02/14/14) [12:45]
Other Videos and Documentaries I Ran Across
Note: I don't endorse any of the videos in this section.
As I construct My News Pages I constantly run across a lot of NEW videos, and since I find YouTube frustrating trying to re-find videos, I save the links in this section so I can find them again.

Thursday November 20, 2014
News Articles

The Latest Scandal: Goldman, Fed Employees Busted For Illegally Sharing Confidential Information
ZeroHedge | author | 11/20/14

Because when the rape and pillaging of the US middle-class begins at the very top, it won't end until the sharp metal objects finally start falling.

On the morning of Friday, September 26, in addition to the shocking news of Bill Gross' departure from Pimco, the world was just as shocked, or not as the case was for many, that a former NY Fed staffer, Carmen Segarra, who had been previously fired for suggesting that Goldman Sachs has an undue influence on the NY Fed and gets a preferential treatment (certainly as a result of NY Fed's president Bill Dudley being working previously at Goldman Sachs), had released nearly 50 hours of tapes confirming her allegations: that the NY Fed was nothing but a branch of the bank that controls every central bank. The full details were presented in "How Goldman Controls The New York Fed: 47.5 Hours Of "The Secret Goldman Sachs Tapes" Explain."

Ironically it was on that very day that another recent Goldman hire from the NY Fed - a classic case of, as the NY Times puts it, the "revolving door, the symbolic portal that connects financial regulators to Wall Street" - a 29-year-old former New York Fed regulator named Rohit Bansal, got into hot water after something "shocking" was revealed: he had an inside source at the NY Fed who was providing him with illegal, confidential information on a regular basis. ... Read more

*How Goldman Controls The New York Fed: 47.5 Hours Of "The Secret Goldman Sachs Tapes" Explain
ZeroHedge | author | 09/26/14
Read more

**The $9 Billion Witness: Meet JPMorgan Chase's Worst Nightmare
RollingStone | Matt Taibbi | 11/07/14
Read more

Enough Is Enough: The President's Latest Wall Street Nominee
HP | Sen. Elizabeth Warren | 11/19/14

I believe President Obama deserves deference in picking his team, and I've generally tried to give him that. But enough is enough.

Last Wednesday, President Obama announced his nomination of Antonio Weiss to serve as Under Secretary for Domestic Finance at the Treasury Department. This is a position that oversees Dodd-Frank implementation and a wide range of banking and economic policymaking issues, including consumer protection.

So who is Antonio Weiss? He's the head of global investment banking for the financial giant Lazard. He has spent the last 20 years of his career at Lazard -- most of it advising on international mergers and acquisitions. ... Read more

So now let's look at the big picture. The final totals are $59 billion, 3 percent of the total federal budget, for regular welfare and $92 billion, 5 percent of the total federal budget, for corporate welfare.

Neo-Feudalism Has Officially Arrived -- Congressman Suggests Building A Moat Around White House
ZeroHedge | author | 11/20/14

"While the general population is aware something is seriously wrong, people remain extremely confused about the root of the problem. This is because what's happening all around us isn't socialism and it isn't free market capitalism. It is actually a return to something much more ancient and much more oppressive. It is a return to serfdom, neo-fedualism and oligarchy." ... Read more

World Not Even Close To Avoiding Dangerous Warming, UN Report Finds
HP | Seth Borenstein | 11/19/14

The world still isn't close to preventing what leaders call a dangerous level of man-made warming, a new United Nations report says. That's despite some nations' recent pledges to cut back on carbon dioxide emissions.

The report looks at the gap between what countries promise to do about carbon pollution and what scientists say needs to be done to prevent temperatures rising another two degrees. That two-degree level is a goal that world leaders set in 2009.

To achieve that goal, the world has to hit a peak of carbon dioxide, methane and other greenhouse gases before 2030, said the report's chief scientific editor, Joseph Alcamo. But the study says carbon emissions will continue to soar until 2050 and by then it will be too late, even with recent promises by the U.S., China and Europe. ... Read more



Democracy Now! U.S. and World News Headlines for Thursday, November 20 [9:25]
*DN | From Hottest October to Coldest November, Is Climate Change Behind the Extreme Weather? (11/20/14) [10:17]
DN | "Just Mercy": Bryan Stevenson on Ferguson, Prison Reform & Why the Opposite of Poverty is Justice (11/20/14) [14:44]
Bill Moyers - http:/billmoyers.com/
BillMoyers | Preview: How Public Power Can Defeat Plutocrats (11/20/14) [0:29]
Lawrence Lessig and Zephyr Teachout return to talk about: Government has become a clearinghouse for corporations and plutocrats with deep pockets to buy the politicians who grease the wheels for lucrative contracts and easy regulation. It's all pay for play, and look the other way.
Thom Hartmann
*Thom Hartmann | The Latest on the Keystone Pipeline (11/18/14) [23:21]
Environment | Climate Change
*Arctic Death Spiral and the Methane Time Bomb (2014) [1:11:11]
TRNN | Despite Senate Vote on Keystone XL, Tar Sands Oil Will Still Reach the Gulf (11/20/14) [9:47]
Obama has quietly approved the Alberta Clipper, a cross-border pipeline between the U.S and Canada that will connect with the southern half of the Keystone XL pipeline, say journalists Steve Horn of DeSmogBlog and Cherri Foytlin of bridgethegulfproject.org.
*Missing Money
Click to zoom - for Full Image
Donald Rumsfeld Admits Day before 911 "2.3 TRillion Dollars Missing from DOD" () [3:57]
Daily Ticker | Find the $8.5 Trillion the Pentagon Can't Account For (2014) [5:32] TYT | Al Franken Explains The Internet & It's Ted Cruz's Worst Nightmare (11/19/14) [12:06]
TYT | Bankers Given 'Honesty Test' & The Result Explains Everything (11/19/14) [5:30]
TYT | Politician Pushes For Literal Hunger Games (11/19/14) [5:06]
CorbettReport
CorbettReport | Century of Enslavement: The History of The Federal Reserve (2014) [1:30:11]
What is the Federal Reserve system? How did it come into existence? Is it part of the federal government? How does it create money? Why is the public kept in the dark about these important matters?
Other Videos and Documentaries I Ran Across
Note: I don't endorse any of the videos in this section.
As I construct My News Pages I constantly run across a lot of NEW videos, and since I find YouTube frustrating trying to re-find videos, I save the links in this section so I can find them again.




National Debt
US Debt Stacked in $100 bills
United States owes a lot of money, with its debt equal to the size of the economy as of 2012. See the Statue of Liberty & WTC being dwarfed by the debt.

http://demonocracy.info/infographics/usa/us_debt/us_debt.html
image_01
image_02
image_03

Now... Who Own the Derivative Time Bomb?

Five Banks Account For 96% Of The $250 Trillion In Outstanding US Derivative Exposure; Is Morgan Stanley Sitting On An FX Derivative Time Bomb?
Zero Hedge | Author | 09/24/11

The latest quarterly report from the Office Of the Currency Comptroller is out and as usual it presents in a crisp, clear and very much glaring format the fact that the top 4 banks in the US now account for a massively disproportionate amount of the derivative risk in the financial system. Specifically, of the $250 trillion in gross notional amount of derivative contracts outstanding (consisting of Interest Rate, FX, Equity Contracts, Commodity and CDS) among the Top 25 commercial banks (a number that swells to $333 trillion when looking at the Top 25 Bank Holding Companies), a mere 5 banks (and really 4) account for 95.9% of all derivative exposure (HSBC replaced Wells as the Top 5th bank, which at $3.9 trillion in derivative exposure is a distant place from #4 Goldman with $47.7 trillion). The top 4 banks: JPM with $78.1 trillion in exposure, Citi with $56 trillion, Bank of America with $53 trillion and Goldman with $48 trillion, account for 94.4% of total exposure. As historically has been the case, the bulk of consolidated exposure is in Interest Rate swaps ($204.6 trillion), followed by FX ($26.5TR), CDS ($15.2 trillion), and Equity and Commodity with $1.6 and $1.4 trillion, respectively. Read more

worlds-debt

02.10.2011. 07:16

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I am one of those "once" middle class, over 60, over educated, under-employed, semi retired, soon to be poor workers, that everyone is talking about. 
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