Occupy Banksters & Crony Capitalism & GREED

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

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]

"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