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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).


Thursday May 25, 2017

CBO says GOP healthcare bill would leave 23 million more uninsured, undermine protections for people with preexisting conditions
BuisnessInsider | Bob Bryon | 05/24/17

The Republican healthcare plan has been scored by the CBO. "The Congressional Budget Office on Wednesday released an updated score for the American Health Care Act, the House GOP healthcare bill, that said it could leave millions more uninsured and undermine protections for people with preexisting conditions.

The CBO projected that 23 million more Americans would be uninsured by 2026 compared with the current healthcare system -- slightly lower than the 24 million more Americans it estimated would be uninsured under the previous iteration of the bill.

"Premiums would vary significantly according to health status and the types of benefits provided, and less healthy people would face extremely high premiums," the CBO's report said.

The report, conducted in the wake of two amendments to the bill before it passed the House earlier this month, projected that the AHCA would cut the federal deficit by $119 billion -- $32 billion less than the savings the CBO estimated in March. Read more
*CBO: Republican Healthcare Plan A Death Sentence | TYT | 05/24/17 | 7:49

The Trump Organization won't track foreign money because it's "impractical"
Salon | Matthew Rozsa | 05/24/17

The Ranking Member of the House Oversight Committee is appalled at the Trump Organization

There is no way of knowing whether President Donald Trump is upholding his promise to donate all foreign profits earned by the Trump Organization back to the American treasury. Why? Because the Trump Organization isn't keeping track of them.

In response to a request by the House Oversight Committee for documents, the Trump Organization provided a pamphlet which argues that "to fully and completely identify all patronage at our Properties by customer type is impractical in the service industry and putting forth a policy that requires all guests to identify themselves would impede upon personal privacy and diminish the guest experience of our brand." ... Read more

Democrats cite CBO to slam health care bill | C-Span | 05/24/17 | 18:53
Bernie Sanders DISMANTLES Trump's "Budget For Billionaires" | C-Span | 05/25/17 | 4:52

Trump and Europe, trading places
Politico | Matthew Kaminski | 05/25/17

When Donald Trump won the American presidency last November, the European establishment slipped from deep funk (over Brexit, terrorism, euro troubles, migration, populism) into full depression. Six months later, the dark jokes about political suicide watches still resonate. They're just not directed at Continental Europeans.

This week, on his first trip abroad, the U.S. President is meeting a changed Continent. The mood has swung -- wildly, some might say manically -- to confidence veering toward giddiness. ... Read more

Remember when Presidents acted Presidential
Barack Obamas Answer To Jake Tapper When Asked About Syria | CNN | 09/28/16 | 5:21
Keith Olbermann
40 Shady Things We Now Know About Trump and Russia (#79) | Keith Olbermann | 05/24/17 | 8:56
Democracy Now! U.S. and World News Headlines for Thursday, May 25 [10:41]
*Scahill & Greenwald: What if All Victims of War Received the Media Attention of Manchester Victims? | DN | 05/25/17 | 10:00
Democracy Now! U.S. and World News Headlines forWednesday, May 25 (FULL) | 59:02
Note: on the full 59:02 video look for small white circles on the Progressbar they denote the different news stories. You can move the pointer on the Progressbar to jump to each story, and around the video.
Note2: You might have to scroll the windows down 1/2 inch to capture the full video.
  1. Headlines
  2. Jeremy Scahill on Trump's Embrace of Duterte's Deadly War on Drugs in the Philippines
  3. Scahill & Greenwald: What if All Victims of War Received the Media Attention of Manchester Victims?
  4. Jeremy Scahill & Glenn Greenwald: Criminalizing WikiLeaks is a Threat to Journalists Everywhere
  5. Journalist Desmond Cole on How the Toronto Star Tried to Silence His Activism for Black Liberation
Here is another link, if the link above doesn't work.
Democracy Now! U.S. and World News Headlines forWednesday, May 25 (FULL) | 59:02
Prof. Emeritus Robert Pollin -> Trump Budget: Foundation for Great American Misery | TRNN | 05/24/17 | 9:08
Pope Francis STOKED To Meet Trump | TYT | 05/24/17 | 2:35
Trump And Pope Francis Exchange Gifts | TYT | 05/24/17 | 6:25
*Banker Bashing, Is It Still Happening? | TYT | 05/24/17 | 9:09
Keiser Report: 'Criminal Organisation Deutsche Bank' (E1075) | RT | 05/25/17 | 25:45
Max and Stacy discuss Deutsche Bank: International criminal organisation. So says the judges presiding over the case of the collapse of the world's oldest bank at the hands of some deadly derivatives. In the second half, Max interviews J.P. Sottile of Newsvandal.com about the robot economy and the future of employment.
Keiser Report: 'Long Live Trump!' (E1074) | RT | 05/23/17 | 25:40
NPR (National Public Radio) - www.npr.org/
PBS (Public Broadcasting Service) - pbs.org/
Poverty, Politics and Profit | PBS Frontline | 05/09/17 | 54:46
An investigation with NPR into the billions spent on housing low-income people, and why so few get the help they need. The film examines the politics, profits and problems of an affordable housing system in crisis.
Senator Joe Manchin To GOP Leader Mitch McConnell: 'Work With Us!' | MSNBC Morning Joe | 05/25/17 | 8:10
Who's Tracking Foreign Cash Spent At Trump-Owned Hotels? | MSNBC | 05/24/17 | 3:49
The Late Show with Stephen Colbert
A Math Problem For Donald Trump | Stephen Colbert | 05/25/17 | 2:58
Cartoon Pope Francis Roasts Donald Trump | Stephen Colbert | 05/25/17 | 4:21

Wednesday May 24, 2017

Mick Mulvaney tries to sell Trump's draconian budget cuts as an act of "compassion" for the rich -- and even Republicans don't buy it
Salon | Sophia Tesfaye | 05/23/17

The White House delivered President Donald Trump's first full budget to Congress on Tuesday, and Office of Management and Budget (OMB) director Mick Mulvaney promptly tried to spin $4.1 trillion in proposed cuts to social services as an act of "compassion" for wealthy taxpayers. Yet Mulvaney, a former South Carolina congressman, apparently has little sway over his old Republican colleagues in the Senate, as many of them came out swinging against Trump's budget proposal only hours later.

"Terrible," is how Republican Sen. Lindsey Graham described Trump's proposed 2018 federal budget to reporters on Capitol Hill on Tuesday. The sales pitch Mulvaney provided at a White House press briefing earlier evidently did little to impress his fellow South Carolina Republican, as Graham went on to blast Trump's proposed 29 percent decrease in funding to the State Department and USAID as "a lot of Benghazis in the making if we actually implemented the State Department cuts." ... Read more

"A whole lot of dumb"

Trump's Alleged Obstruction Of Justice Keeps Getting Worse
WashingtonPost | author | 05/23/17

Trump appears to be handing the FBI new obstruction charges left and right, on silver platters. "President Trump asked two of the nation's top intelligence officials in March to help him push back against an FBI investigation into possible coordination between his campaign and the Russian government, according to current and former officials.

Trump made separate appeals to the director of national intelligence, Daniel Coats, and to Adm. Michael S. Rogers, the director of the National Security Agency, urging them to publicly deny the existence of any evidence of collusion during the 2016 election.

Coats and Rogers refused to comply with the requests, which they both deemed to be inappropriate, according to two current and two former officials, who spoke on the condition of anonymity to discuss private communications with the president. ... Read more
Trump's Alleged Obstruction Of Justice Keeps Getting Worse | TYT | 05/23/17 | 9:10

Al Franken Breaks Down Trump's Health Care Scam
Al Franken Breaks Down Trump's Health Care Scam | 05/23/17 | 27:08

Sean Hannity Clams Up On Live TV As His Conspiracy Theory Falls Apart
HP | Rebecca Shapiro | 05/24/17

Sean Hannity kicked off his Tuesday night show on Fox News by telling his audience that he will not discuss Seth Rich's death "for now," an announcement he teased hours before going on air. ...

.... He continued, "Out of respect for the family's wishes, for now, I am not discussing this matter at this time."

Then he went right into a rant about the "conspiracy" involving the Democrats and the media linking Russia to the Trump campaign. ... Read more
Sean Hannity Clams Up On Live TV As His Conspiracy Theory Falls Apart | Fox News | 05/23/17 | 7:49

Keith Olbermann
So, What About Those Oval Office Tapes? (#78) | Keith Olbermann | 05/23/17 | 9:30
Democracy Now! U.S. and World News Headlines for Wednesday, May 24 [10:30]
Democracy Now! U.S. and World News Headlines forWednesday, May 24 (FULL) | 59:02
Note: on the full 59:02 video look for small white circles on the Progressbar they denote the different news stories. You can move the pointer on the Progressbar to jump to each story, and around the video.
  1. Headlines
  2. Economist Joseph Stiglitz: Trump's Budget Takes a Sledgehammer to What Remains of the American Dream
  3. Rep. Al Green to Draft Articles of Impeachment Against Trump, Citing Obstruction of Justice
  4. Texas Rep. Al Green Faces Threats of Lynching & Murder After Calling for Trump's Impeachment
  5. More Than 1.1 Million Sign Petition Supporting Impeachment of Trump
  6. Tariq Ali: Manchester Bombing is Part of Vicious Cycle, Likely Blowback from Ongoing War on Terror
**Economist Joseph Stiglitz: Trump's Budget Takes a Sledgehammer to What Remains of the American Dream | DN | 05/24/17 | 10:30
Ex-CIA Head On Manchester Bombing: Thanks Obama! | TYT | 05/23/17 | 5:23
**Medical Company Lies About Obamacare To Boost Profits | TYT | 05/23/17 | 11:43
Inside Story - Was Trump convincing in Saudi Arabia? | Aljazeera | 05/22/17 | 25:05
NPR (National Public Radio) - www.npr.org/
PBS (Public Broadcasting Service) - pbs.org/
Bannon's War | PBS Frontline | 04/26/17 | 54:47
John Brennan Saw Pattern Of Russian Op In Trump Campaign Interactions | MSNBC Rachel Maddow | 05/23/17 | 21:19
Joe: You Can Start Calling Russia Investigation A Scandal | MSNBC Morning Joe | 05/23/17 | 7:35
President Trump's Attorney Marc Kasowitz Represents Russian State-Owned Bank | MSNBC Morning Joe | 05/24/17 | 8:11
Outspoken Pope Francis Meets Outspoken President Trump | MSNBC Morning Joe | 05/24/17 | 7:18
Fmr. West Wing Staffers React To Donald Trump's Whirlwind Week | MSNBC Meet the Press | older, 05/19/17 | 7:52
Stephen Has An Unpopular Opinion On Trump's Budget | Stephen Colbert | 05/24/17 | 5:45
Stephen Stages A Twitter-vention For Trump | Stephen Colbert | 05/24/17 | 2:51

More News Menu

National Debt - TRILLIONS
*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. 
But I have a modest standard of living so I plan to give all extra donation, beyond my immediate needs, to several of my favorite charities.

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