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).

Wednesday June 28, 2017

'He kind of looks like a dick': Potential jurors take an immediate dislike to 'pharma bro' Martin Shkreli
RawStory.com | Travis Getty | 06/27/17/span>

More than 120 potential jurors were dismissed Monday from the federal court trial in Brooklyn, where Shkreli faces eight counts of securities and wire fraud related to his two hedge funds and the drug company Retrophin, reported the New York Times.

Some of the jurors knew about the 34-year-old Shkreli, who became known as "the most hated man on the internet" two years ago after hiking the price of the drug Daraprim overnight from $13.50 per pill to $750 as CEO of Turing Pharmaceuticals. "This is the price gouger of drugs," one potential juror said. "My kids are on some of these drugs. This impacts my kids." ... Read more
Pharma Bro's Jury Selection Is HILARIOUS | TYT | 06/27/17 | 4:43

In the past 28 years Republican Presidential Administrations have suffered 89 FELONY criminal convictions while Democratic Presidential Administrations have had ---- 1.

Reporter Rips Into Sarah Huckabee Sanders After "Fake News" Tirade
MotherJones.com | Inae Oh | 06/27/17

The heated exchange came as Sanders was responding to a question regarding a recently retracted CNN story concerning President Donald Trump and Russia that quickly prompted the resignation of three staff journalists the day before.

"If we make the slightest mistake, or the slightest word is off, it is just an absolute tirade from a lot of people in this room," Sanders said. "But news outlets get to go on day after day and cite unnamed sources, use stories without sources," she added.

"You're inflaming everyone right here right now with those words," Brian Karem of the Sentinel interrupted. "This administration has done that as well. Why in the name of heavens, any one of us are replaceable and any one of us, if we don't get it right, the audience has the opportunity to turn the channel or not read us."

"What you just did is inflammatory to people all over the country who look at it and see once again the president's right and everybody else out here is fake media, and everybody in this room is only trying to do their job," he continued. ... Read more
Reporter Sick Of Being Called 'Fake News' Goes OFF | TYT | 06/27/17 | 7:26

People Outside a Trump Rally Told us Why They Hate the Media | VICE | 06/23/17 | 4:15
U.S. Troops in Romania & Saudi Arabia's Comic Con | VICE | older, 06/05/17 | 29:17
Democracy Now! U.S. and World News Headlines for Wednesday, June 28 (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. "America is on Trial": Historian Ibram X. Kendi on the Failure to Convict Cops Who Kill Black People
  3. Stamped from the Beginning: Ibram X. Kendi on the History of Racist Ideas in U.S.
  4. D.C. Police Accused of Using "Rape as Punishment" Targeting Some Arrested During Trump Inauguration
  5. Brazilian President Michel Temer Charged with Corruption, a Year After He Backed Ouster of Rousseff
Adam Weinstein of the National Iranian American Council says -> Trump's Only Iran Policy is Confrontation | TRNN | 06/28/17 | 19:45
Journalist Max Blumenthal says -> Is Trump's "Warning" to Syria a Prelude to Another Strike? | TRNN | 06/28/17 | 17:43
WHY Saudi Arabia Is Our Friend And Iran Is Our Enemy | TYT | 06/03/17 | 7:03
Why Do Saudi Arabia And Iran Hate Each Other? | NowThis | older, 04/05/15 | 3:02
NPR (National Public Radio) - www.npr.org/
PBS (Public Broadcasting Service) - pbs.org/
Fake Donald Trump Time Magazine Cover Hangs At Mar-A-Lago | MSNBC All-In | 06/28/17 | 1:28
Paul Manafort Files Retroactively As Foreign Agent | MSNBC Rachel Maddow | 06/28/17 | 14:06
Reporter Who Blasted White House's 'Fake News' Attacks Sounds Off | MSNBC 11th Hour | 06/28/17 | 8:40
Rep. Jim Himes Concerned Over President Donald Trump Syria Tweets | MSNBC Morning Joe | 06/28/17 | 5:05
The Late Show with Stephen Colbert
'Repeal And Replace' Is Being 'Delayed And Postponed' | Stephen Colbert | 06/28/17 | 6:33
Trump Rejoices Over CNN's Commitment To Journalistic Ethics | Stephen Colbert | 06/28/17 | 3:00

Tuesday June 27, 2017

Republican Health Bill Would Leave 22 Million More People Without Insurance, CBO Projects
MotherJones | Patrick Caldwell | 06/26/17

The stats on the Senate health care bill are in: The Republicans' new plan to repeal Obamacare would leave 22 million more people uninsured in 2026 than under current law. That's according to a new analysis by the Congressional Budget Office, the official scorekeeper for Congress, which also predicts that the federal government would spend $772 billion less on Medicaid over the next decade.

Senate Republicans kept the bill secret until last Thursday, but they are nonetheless rushing forward with a plan to vote on it by the end of this week so they can wrap things up before they head home for the Fourth of July. In a nearly unprecedented move, the entire drafting of the bill happened behind closed doors, with zero public hearings. Senate Majority Leader Mitch McConnell (R-Ky.) hopes that the accelerated schedule will help his members pass the controversial legislation before they are confronted by angry voters in their home states over the holiday recess ... Read more

Koch Group Says Republican Health Plan Doesn't Go Far Enough
Bloomberg | John McCormick | 06/24/17

Leaders from the influential Koch political network expressed concern about the Senate Republican plan to reshape the nation's health system, saying as they met with donors at a Colorado resort that the measure isn't sufficiently conservative.

"We've been disappointed that movement has not been more dramatic toward a full repeal or a broader rollback of this law, Obamacare," Tim Phillips, the president of the Koch-affiliated political advocacy group, Americans for Prosperity, told reporters. ... Read more

Kochfest 2017 Billionaires: Time To Get What We Paid For! | TYT | 06/26/17 | 9:04

The Exasperating Difficulty of Trying to Understand Trump's Finances
Atlantic | Jeremy Venook |06/27/17/span>

On December 6th, then-President-elect Donald Trump was angry at the airplane manufacturer Boeing. The company, he felt, was overcharging for its newest version of Air Force One, leading him to tweet, "Cancel order!" Some were quick to point out that the situation seemed to present a conflict of interest: According to the disclosure forms he filed with the Federal Election Commission in May 2016, Trump owned stock in Boeing and had a personal financial stake in the company's performance (although why he would publicly disparage a company in which he owned stock was anybody's guess). In response, Trump's spokesman at the time, Jason Miller, informed reporters that Trump had sold not only his stock in Boeing but also all of his other stocks that June, although neither Trump nor Miller provided any proof.

On June 16, the Office of Government Ethics (OGE) published Trump's latest disclosure paperwork, offering the first glimpse into his finances since he took office--and the first chance to hold Miller's statement to the level of scrutiny an official spokesperson for any president-elect warrants. Alongside pages that show, for example, that Mar-a-Lago, which Trump calls his "Winter White House" and has visited numerous times this year, saw a $7 million uptick in revenue, the document's "Other Assets" section lists his stock and bond holdings. Did this section perhaps provide an opportunity to verify Miller's claim? ... Read more

The Amazing New Trump Defense | Keith Olberman | 06/26/17 | 24:40
Democracy Now! U.S. and World News Headlines for Tuesday, June 27 [10:37]
Democracy Now! U.S. and World News Headlines for Tuesday, June 27 (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. Senate GOP Healthcare Bill Estimated to Kill 28,600 More in U.S. Each Year & Drop 22M from Insurance
  3. Supreme Court Allows Part of Trump Travel Ban to Take Effect Before Ruling on Constitutionality
  4. In Major Church-State Decision, Supreme Court Sides with Religious Institution
  5. Court: Bush Administration Officials Can't Be Held Liable for Post-9/11 Mass Roundup of Muslims
  6. Dahlia Lithwick: Justice Neil Gorsuch Proving to Be "Far to the Right" of Antonin Scalia
Hersh: Trump Ignored Intel Before Bombing Syria | TRNN | 06/27/17 | 20:38
In an exclusive interview, veteran investigative reporter Seymour Hersh discusses his new report that President Trump bombed a Syrian military airfield in April despite warnings that U.S. intelligence had found no evidence that the Assad regime used a chemical weapon.
CBO: Trumpcare Would Kick 22 MILLION Off Healthcare | TYT | 06/26/17 | 7:43
China's old Silk Road revival: hi-speed trains, massive skyscrapers and free-trade zones | RT | 06/26/17 | 24:27
**Antarctica on the edge | Aljazeera | 06/27/17 | 24:40
*Dispatches - Behind Enemy Lines | Dispatches | older, 07/08/16 | 49:01
The Trump Card: All that happened at the Trump-Modi meeting | WION | 06/27/17 | 24:05
NPR (National Public Radio) - www.npr.org/
PBS (Public Broadcasting Service) - pbs.org/
Read The CBO Estimate On The Senate's Health Care Bill

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Read The CBO Estimate On The Senate's Health Care Bill
Contributed by: Ben Dreyfuss, Mother Jones
To print the document, click the "Original Document" link to open the original PDF. At this time it is not possible to print the document with annotations.

The Late Show with Stephen Colbert
Stephen's Trip To Russia Was Supposed To Be Secret | The Daily Show | 06/27/17 | 4:11
Stephen Leaks Drawings Of Sean Spicer's No-Camera Press Briefing | The Daily Show | 06/27/17 | 2:07

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.


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


02.10.2011. 07:16

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