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Over the past several years 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 18 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-to-1.2 quadrillion dollar derivatives bubble that the World's banks are sitting on (see the Financial Crisis News Magazine).


Tuesday Aug 23, 2016
News Articles

Yemen Civil War (2011-201?)
globalsecurity.org | author | date

By early 2015, Yemen was pretty much a failed state, beset by a circular firing squad of factions. Besides a local struggle for power, the Yemen conflict is widely viewed as a proxy war between Sunni Saudi Arabia and Shia Iran. Yemen was wracked by internal divisions as the Houthi movement spread beyond its traditional rebellion in the north, separatists continue to press their cause in the south, and al-Qaida in the Arabian Peninsula claims attacks both at home and abroad, including on the satirical magazine Charlie Hebdo in Paris earlier in January 2015.

... On February 25, the European Parliament adopted a resolution calling for an arms embargo against Saudi Arabia due to its operation in Yemen, passing by 359 to 212 votes. However, the European Parliament vote doesn't compel every member state to act. The European Parliament resolution of February 25, 2016 on the humanitarian crisis in Yemen refers to "grave concerns" over the deterioration of the situation on the ground. ... Read more

In January 2016 the Syrian Center for Policy Research (SCPR) reported that 470,000 deaths had been caused by the conflict in Syria, either directly or indirectly. This represents a dramatic increase from the total of 250,000 fatalities attributed to the UN in news reports in recent years. But the UN Office of the High Commissioner for Human Rights stopped updating the death toll from Syria's civil war in January 2014.
TYT | Gary Johnson Interview With Cenk Uygur Of The Young Turks (08/22/16) [15:37]
TYT | Jill Stein On Why Trump AND Clinton Are Dangerous (08/18/16) [10:11]

U.S. Army fudged its accounts by trillions of dollars, auditor finds
Reuters | author | 08/19/16

The United States Army's finances are so jumbled it had to make trillions of dollars of improper accounting adjustments to create an illusion that its books are balanced.

The Defense Department's Inspector General, in a June report, said the Army made $2.8 trillion in wrongful adjustments to accounting entries in one quarter alone in 2015, and $6.5 trillion for the year. Yet the Army lacked receipts and invoices to support those numbers or simply made them up. ... Read more
TYT | Army Accounting Off By TRILLIONS Audit Reveals (08/22/16) [9:10]

An audit shows that the US Army accounting books are a little off...by a couple trillion dollars. Cenk Uygur, John Iadarola, Jimmy Dore, and Ryan Clayton, hosts of The Young Turks, break it down.

"It's Gone" - Why Foreign Demand For US Treasuries Has Disappeared
ZeroHedge | author | 08/23/16

Something significant has happened in recent months: buying 10-yr US treasuries is no longer profitable. It is not only Europeans or Japanese, there now isn't any global fixed income investor that can make decent money by buying hedged USTs. ... Read more

Ecology and Socialism: Solutions to Capitalist Ecological Crisis by Chris Williams

Around the world, consciousness of the threat to our environment is growing. The majority of solutions on offer, from using efficient light bulbs to biking to work, focus on individual lifestyle changes, yet the scale of the crisis requires far deeper adjustments. Ecology and Socialism argues that time still remains to save humanity and the planet, but only by building social movements for environmental justice that can demand qualitative changes in our economy, workplaces, and infrastructure.

"Williams adds a new and vigorous voice to the growing awareness that, yes, it is our capitalist system that is ruining the natural foundation of our civilization and threatening the very idea of a future. I am particularly impressed by the way he develops a clear and powerful argument for an ecological socialism directly from the actual ground of struggle, whether against climate change, systematic poisoning from pollution, or the choking stream of garbage. Ecology and Socialism is a notable addition to the growing movement to save our planet from death-dealing capitalism."

Germany Warns People To 'Stockpile' Cash In Case Of 'War'
ZeroHedge | author | 08/23/16

The German government is warning its people to 'stockpile' food, water and cash in case of 'war'. For the first time since the end of the Cold War, the German government is set to tell citizens to stockpile food, water, medicine, fuel and cash in case of war, an attack, catastrophe or "national emergency", the Frankfurter Allgemeine Sonntagszeitung newspaper reported on Sunday. ... Read more

Central Banks Are Terrified... But of What?
ZeroHedge | author | 08/23/16

If the recovery is real and as strong as the "data" suggests... why are Central Banks engaged in the most aggressive stimulus in history?

According to the official data, the EU's Services and Manufacturing PMI's were 53.1 and 51.8 in August. Both were significantly above 50 (which represents contraction)... Moreover, the EU's inflation rate has risen over 0.4% in four months, rising from -0.2% in April to 0.2% today. And yet, despite this data, the ECB continues to hold interest rates at -0.4% while also spending €80 billion per month in QE (the equivalent of $90 billion). At this pace, the ECB will spend nearly €1 TRILLION IN QE PER YEAR. ... Read more

Democracy Now! U.S. and World News Headlines for Tuesday, August 23 [12:43]
*DN | "This is Our War & It is Shameful:" Journalist Andrew Cockburn on the U.S. Role in the War in Yemen (08/22/16) [20:30]
*DN | As Kerry Plans to Visit Saudi Arabia, Activists & NGOs Demand U.S. Stop Funding War Crimes in Yemen (08/22/16) [11:04]
Click picture to zoom in
TRNN | Time is Running Out - Help Us Expose the Koch Brothers' War on Climate Science (08/03/16) [4:41]
Investigative journalist Bruce Livesey has teamed up with TRNN to make a documentary to expose the Koch brothers' war on the environment and their plan to influence the 2016 elections - and we need your help. Please make a donation today.
TRNN | Professor Chris Williams and actress Emma Thompson discuss the threats of seismic testing and drilling for oil in the Arctic (08/23/16) [17:18]
*TRNN | Saudi Arabia Bombing Yemen To Quell Demonstrations for Democracy (08/23/16) [18:31]
TYT | Donald Trump Wants To Film "The Apprentice" From White House (08/22/16) [9:09]
RT | Keiser Report: Why politicians should follow Mozart's lead? (E956) (08/20/16) [25:45]
Max and Stacy ask why politicians don't take a cue from Mozart and start composing policy for everybody rather than just for the elite. In the second half they continue their conversation with fracking advocate, Nick Grealy of London Local Energy about his belief that natural gas, even of the fracked variety, is a more environmentally friendly source of energy than most others.
RT | Keiser Report: Cryptocurrency Drama (E957) (08/23/16) [24:41]
Max and Stacy discuss the Venezuela in the capital markets. In the second half they talk to Simon Dixon of BnkToTheFuture.com about the crypto-novela playing out with much drama in the crypto-currency space.
Thom Hartmann - www.thomhartmann.com/
ThomHartmann | Libertarians: Pro-Corporate & Pro-Billionaire Ideology… (08/23/16) [12:06]
Note: sometimes I have to post my News Page before all the links are available. This happens most noteably for the Diane Rehm Show. If the pop-up links don't work, just go to The Diane Show website and click the links there.
*DR | As Zika Spreads, Tough Choices For Pregnant Women And The Search For A Vaccine (08/23/16) [1hr]
The Centers for Disease Control's travel warning for the Zika virus expanded four days ago -- to another neighborhood of Miami. And experts say the virus likely isn't done spreading. Most at risk: Gulf coast areas like Louisiana, still overrun by standing water after historic flooding, and Texas, vulnerable to infected mosquitoes because of its hot climate. Zika's threat has ignited conversations for families who are pregnant and those who hope to become pregnant, including a new debate around reproductive healthcare and abortion. Meanwhile, new vaccines are moving through early-stage trials at a rapid pace, but how quickly they come to market could hinge on funding woes in congress. Where Zika is headed -- and how we're treating it.
*DR | Why We Open Our Hearts And Wallets For Some Disasters -- But Not Others (08/23/16) [1hr]
President Obama visits Baton Rouge today. Flooding there killed 13 people and hit tens of thousands of homes. Clean-up is underway, but the challenge is profound: dozens of state highways remain closed, vast acres of crops are a 100% loss and thousands of people still can't return to their homes. Those who can confront mountains of mud and debris, but some say news of the devastation was slow to reach the rest of the country and there are concerns that the national response may fall far short of the true need. Join us to talk about the crisis in Baton Rouge, the disasters we pay attention to, those we don't and why.
NPR (National Public Radio) - www.npr.org/
PBS (Public Broadcasting Service) - pbs.org/
MSNBC - Maddow/Hayes - www.msnbc.com/
Other Videos
PBS NOVA | The World's Strongest Material () [55:43]

Monday Aug 22, 2016
News Articles

The Gilded Rage: A Conversation With a Trump Supporter That Will Surprise You
AlterNet | Alexander Zaitchik | 08/18/16

The following is an adapted excerpt from Alexander Zaitchik's new book, The Gilded Rage: A Wild Ride Through Donald Trump's America, published here with permission from Skyhorse/Hot Books. The Gilded Rage is the chronicle of Zaitchik's listening tour, inspired by Studs Terkel, through the Rust Belt, Appalachia, and along the Mexican Border. The result is an often surprising collection of voices of Trump supporters that Zaitchik met as he followed the 2016 primary calendar. The below section profiles a West Virginia Trump supporter named Ed Wiley, a former miner who in recent years has emerged as one of the state's leading (and most unlikely) anti-coal activists. ... Read more

Michele Bachmann Says She's Advising Trump On Foreign Policy, Because Why Not
HP | Marina Fang | 08/21/16

Former Rep. Michele Bachmann (R-Minn.), who has claimed President Barack Obama's foreign policy would lead to the rapture, says she is advising Republican presidential nominee Donald Trump on foreign policy.

Speaking to reporters outside a private fundraiser that Trump held in Minneapolis on Friday evening, the 2012 GOP presidential hopeful and tea party stalwart said she has known Trump for several years and supports his proposals to crack down on immigration and terrorism. ... Read more

Climate Change
Note: the talk starts at 6:21 on the Progressbar
NASA | Dramatic Changes in Polar Ice: Waleed Abdalati (06/10/16) [58:51]

German Government Urges Citizens To Stockpile Food, Water "In Case Of Attack Or Catastrophe"
ZeroHedge | author | 08/22/16

For the first time since the end of the Cold War, the German government plans to tell citizens to stockpile food and water in case of an attack or catastrophe, the Frankfurter Allgemeine Sonntagszeitung newspaper reported on Sunday.

Following Angela Merkel's proclamation that Islamic terrorism is not a function of the massive influx of muslim immigrants into Germany thanks to he immigration policy, we could not help but be a little surprised that, as TagesSchau reports, the federal government, according to a newspaper report wants to encourage the population to begin stockpiling food and water again, so that they temporarily can take care of themself in the case of a disaster or an armed attack. As Reuters details, ... Read more

Democracy Now! U.S. and World News Headlines for Monday, August 22 [13:25]
John Oliver - LastWeekTonight
HBO John Oliver | John Oliver Asks Donald Trump To "DROP OUT" (08/21/16) [11:35]
HBO John Oliver | Charter Schools (08/21/16) [18:12]
TRNN | The Empire Files: Chevron vs. the Amazon - The Environmental Trial of the Century (08/22/16) [23:22]
Thom Hartmann - www.thomhartmann.com/
Note: sometimes I have to post my News Page before all the links are available. This happens most noteably for the Diane Rehm Show. If the pop-up links don't work, just go to The Diane Show website and click the links there.
*DR | The Justice Department's Plan To Phase Out Privately Run Federal Prisons (08/22/16) [1hr]
The Justice Department will phase out its use of for-profit prisons to house federal inmates. This follows a government report indicating private prisons are not as secure or safe as those federally run, and don't offer significant cost savings. Prison rights advocates hailed the move. Supporters of the private system criticized it, saying it was partly based on faulty data. The majority of incarcerated Americans are in state prisons, not federal. Some rights groups hope the Justice Department move will set the stage for state prisons to follow suit. We weigh the pros and cons of government and private prisons.
NPR (National Public Radio) - www.npr.org/
PBS (Public Broadcasting Service) - pbs.org/
MSNBC - Maddow/Hayes - www.msnbc.com/

More News Menu

National Debt - TILLIONS
*Demonocracyinfo | US Debt in Physical $100 bills [2:10]

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
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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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