Home · News · News Oct 2014 · Oct 03 2014
Friday October 03, 2014
News Articles

Labor Participation Rate Drops To 36 Year Low; Record 92.6 Million Americans Not In Labor Force
ZeroHedge | author | 10/03/14

While by now everyone should know the answer, for those curious why the US unemployment rate just slid once more to a meager 5.9%, the lowest print since the summer of 2008, the answer is the same one we have shown every month since 2010: the collapse in the labor force participation rate, which in September slide from an already three decade low 62.8% to 62.7% - the lowest in over 36 years, matching the February 1978 lows. And while according to the Household Survey, 232K people found jobs, what is more disturbing is that the people not in the labor force, rose to a new record high, increasing by 315,000 to 92.6 million! ... Read more
Click to zoom - for bigger image
Click to zoom - for bigger image

STUDY: U.S. Spends $59 Billion on Social Welfare…$92 Billion on Corporate Welfare.

Americans Have No Idea How Bad Inequality Really Is
Slate | Jordan Weissmann | 09/26/14

If Michael Norton's research is to be believed, Americans don't have the faintest clue how severe economic inequality has become -- and if they only knew, they'd be appalled.

Consider the Harvard Business School professor's new study examining public opinion about executive compensation, co-authored with the Chulalongkorn University in Bangkok's Sorapop Kiatpongsan. In the 1960s, the typical corporate chieftain in the U.S. earned 20 times as much as the average employee. Today, depending on whose estimate you choose, he makes anywhere from 272 to 354 times as much. According to the AFL-CIO, the average CEO takes home more than $12 million, while the average worker makes about $34,000. Read more

The Top Five Bank Bailouts We Never Heard About
Bill Moyer | Joshua Holland | 10/03/14

Gallons of ink have been devoted to Wall Street executives' lack of accountability for a global financial meltdown that was built on top of a mountain of fraud.

Nobody at the top has faced criminal prosecution. Executive compensation and bonuses have rebounded nicely. And while taxpayers committed trillions to keeping those "too-big-to-fail" institutions afloat, the foreclosure crisis persists six years after the crash.

And while the Troubled Asset Relief Program (TARP) sparked outrage, it wasn't the only bailout Wall Street bankers have enjoyed since their casino came crashing down around them.

Elizabeth Warren flagged a special ruling by the Treasury Department that allowed AIG to carry over losses it incurred before the bailout for tax purposes. In 2012, she and several colleagues wrote in The Washington Post that the insurance giant's "profits increased a staggering $17.7 billion -- from a loss of $2.2 billion a year earlier -- because of [the] special tax breaks."

In 2010, economist Dean Baker and others argued that Fannie Mae and Freddie Mac's continuing losses were in fact a matter of intentional policy -- that the government-owned lenders were acting as a conduit to take bad securities off of the big banks' balance sheets without raising the public's ire by creating another TARP-style pot of cash. ...

  1. The 2012 National Mortgage Settlement (NMS)
  2. BofA's $17 billion 2014 settlement
  3. JPMorgan Chase's $13 billion 2013 settlement
  4. BofA's $10 billion settlement with Fannie Mae
  5. BofA/ Countrywide's 2008 predatory lending settlement with 11 states
Read more
*Bill Moyers | A veteran bank regulator, William K. Black, lays bare how Washington and Wall Street are joined in a culture of corruption. (10/02/14) [25:20]

JPMorgan Says Data Breach Hit 76 Million Households
HP | Mark Gongloff | 10/02/14

A cyber attack at America's biggest bank this summer affected more than half of all U.S. households -- far, far more than previously estimated, and the latest in a string of massive, unnerving data breaches. The attack at JPMorgan Chase affected the data of 76 million households and 7 million businesses, the bank said in a regulatory filing on Thursday.

... Hackers attacked the bank's computer systems periodically between mid-June and mid-August, according to The Wall Street Journal. The attackers accessed customer names, email addresses, phone numbers and physical addresses, along with "internal JPMorgan Chase information relating to such users," the bank said in its regulatory filing. The bank didn't describe what sort of information that was. ... Read more

Democracy Now! U.S. and World News Headlines for Friday, October 03 [13:55]
*DN | Iraq Veterans Against the War: Decade-Old Group Grapples with New War, PTSD Epidemic, VA Failures (10/03/14) [24:10]
*DN | Jeremy Scahill on Obama's Orwellian War in Iraq: We Created the Very Threat We Claim to be Fighting (10/03/14) [17:49]
This is what Henry Kissinger's brand of Exceptionalism did to Laos, not to mention Cambodia or Veitnam.
*Watch the US Drop 2.5 Million Tons of Bombs on Laos *Bill Moyers | A veteran bank regulator, William K. Black, lays bare how Washington and Wall Street are joined in a culture of corruption. (10/02/14) [25:20]
*TRNN | Johns Hopkins Infectious Disease Program co-director Taha E. Taha discusses: What's Behind the Ebola Crises and are U.S. Americans at Risk? (10/03/14) [16:14]
*TYT | This Is The Income Inequality Video CEOs Don't Want Americans To See (10/02/14) [16:26]
*TYT | Profits From Syrian Airstrikes Will Churn Your Stomach (10/02/14) [8:24]
TYT | Ebola Causes Outbreak Of Fear, Panic & Obama-Hating At Fox News (10/02/14) [7:15]
TYT | Netanyahu Equates ISIS To Hamas & Then Brings Up Nazis (10/02/14) [8:01]
TYT | Justice Scalia Is Utterly Stupid, Especially On Religion & The Constitution (10/02/14) [8:15]
TYT | Orthodox Jewish Men Cause Flight Delays After Refusing To Sit Next To Women (10/02/14) [6:41]
TYT | Texas Man Diagnosed With Ebola (10/02/14) [3:27]

10.03.2014. 12:04



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Lindsey Graham Mashups
Lindsey Graham

Sen. Lindsey Graham (R-SC) said the quiet part aloud on why he’s still so close to former President Donald Trump: because we can use him for our goals. "President Trump has gotten people who wouldn't give me or Romney or anybody else the time of day. They believe he is on their side," the senator told the America First Agenda Summit crowd on Tuesday in Washington, D.C.

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Environment & Climate Change
Environment

The term "climate change" is often used to refer specifically to anthropogenic climate change (also known as global warming). Anthropogenic climate change is caused by human activity, as opposed to changes in climate that may have resulted as part of Earth's natural processes.

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AI - Artificial Intelligence | Machine Learning | Deep Learning
AI - Artificial Intelligence

AIArtificial intelligence (AI) is intelligence demonstrated by machines, as opposed to the natural intelligence displayed by animals including humans. AI research has been defined as the field of study of intelligent agents, which refers to any system that perceives its environment and takes actions that maximize its chance of achieving its goals.

The term "artificial intelligence" had previously been used to describe machines that mimic and display "human" cognitive skills that are associated with the human mind, such as "learning" and "problem-solving". This definition has since been rejected by major AI researchers who now describe AI in terms of rationality and acting rationally, which does not limit how intelligence can be articulated.
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Quantum mechanics | AI - Artificial Intelligence
Quantum mechanics

Quantum mechanics is a fundamental theory in physics that provides a description of the physical properties of nature at the scale of atoms and subatomic particles.  It is the foundation of all quantum physics including quantum chemistry, quantum field theory, quantum technology, and quantum information science.
Classical physics, the collection of theories that existed before the advent of quantum mechanics, describes many aspects of nature at an ordinary (macroscopic) scale, but is not sufficient for describing them at small (atomic and subatomic) scales. Most theories in classical physics can be derived from quantum mechanics as an approximation valid at large (macroscopic) scale.
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Economy, Wall Street and Banksters

Wall Street and Banksters

Wall Street is an eight-block-long street running roughly northwest to southeast from Broadway to South Street, at the East River, in the Financial District of Lower Manhattan in New York City. Over time, the term has become a metonym for the financial markets of the United States as a whole, the American financial services industry (even if financial firms are not physically located there), or New York-based financial interests.

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Intelligence Agencies/Deep State?

Intelligence Agencies/Deep State?

An intelligence agency is a government agency responsible for the collection, analysis, and exploitation of information in support of law enforcement, national security, military, and foreign policy objectives. Means of information gathering are both overt and covert and may include espionage, communication interception, cryptanalysis,.

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Daniel Ellsberg | Pentagon Papers
Daniel Ellsberg

Daniel Ellsberg and Paul Jay explore Ellsberg's latest book, The Doomsday Machine: Confessions of a Nuclear War Planner. In the introduction to the book, Ellsberg writes: "No policies in human history have more deserved to be recognized as immoral or insane. The story of how this calamitous predicament came about and how and why it has persisted over a half a century is a chronicle of human madness".

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Nukes
Nukes

Nuclear weapons have come a long way and come in all types of different sizes. Some are relatively small while others are enormous, so big they boggle the mind at what they can be capable of, i.e. the Soviet 'Tsar Bomba' is/was 3,000 times greater than the Hiroshima bomb.

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Rana Foroohar and Fall of American Business
Rana Foroohar

Ms. Foroohar says financialization delivers stagnant wages, inequality and economic crisis; the Financial Times columnist and author of "Makers and Takers" says the financial sector represents only 7 percent of the U.S. economy, but takes around 25 percent of all corporate profit while creating only 4 percent of all jobs.

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The Untold History of the United States by Oliver Stone & Petere Kuznick

The Untold History of the United States by Oliver Stone & Petere Kuznick | 2014 | 10 Episodes

Oliver Stone and American University historian Peter J. Kuznick began working on the project in 2008. Stone, Kuznick and British screenwriter Matt Graham cowrote the script. It covers "the reasons behind the Cold War with the Soviet Union, U.S. President Harry Truman's decision to drop the atomic bomb on Japan, and changes in America's global role since the fall of Communism." Stone is the director and narrator of all ten episodes.

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Kuznick Interviews

Kuznick Interviews

Historian Peter Kuznick says Eisenhower called for decreased militarization, then Dulles reversed the policy; the Soviets tried to end the cold war after the death of Stalin; crazy schemes involving nuclear weapons and the Bay of Pigs invasion of Cuba put the world of the eve of destruction - with host Paul Jay

The Untold History of the United States by Kuznick, Peter.mobi | Book | 6.99 MB

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China Valley of Tunnels

China Valley of Tunnels

A report written by a Georgetown University team led by Phillip Karber conducted a three-year study to map out China’s complex tunnel system, which stretches 5,000 km (3,000 miles). The report determined that the stated Chinese nuclear arsenal is understated and as many as 3,000 nuclear warheads may be stored in the underground tunnel network.

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911
911

On September 11, 2001, 19 terrorists attacked the Unites States. They hijacked four airplanes in mid-flight. The terrorists flew two of the planes into two skyscrapers at the World Trade Center in New York City. The impact caused the buildings to catch fire and collapse. Another plane destroyed part of the Pentagon (the U.S. military headquarters) in Arlington, Virginia. The fourth plane crashed in Shanksville, Pennsylvania. Officials believe that the terrorists on that plane intended to destroy either the White House or the U.S. Capitol. Passengers on the plane fought the terrorists and prevented them from reaching their goal. In all, nearly 3,000 people were killed in the 9/11 attacks.

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The Vietnam War

The Vietnam War

Ken Burns and Lynn Novick's ten-part, 18-hour documentary series, THE VIETNAM WAR, tells the epic story of one of the most consequential, divisive, and controversial events in American history as it has never before been told on film. Visceral and immersive, the series explores the human dimensions of the war through revelatory testimony of nearly 80 witnesses from all sides--Americans who fought in the war and others who opposed it, as well as combatants and civilians from North and South Vietnam. Ten years in the making, the series includes rarely seen and digitally re-mastered archival footage from sources around the globe, photographs taken by some of the most celebrated photojournalists of the 20th Century, historic television broadcasts, evocative home movies, and secret audio recordings from inside the Kennedy, Johnson, and Nixon administrations.

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Trump's Mashups
Trump's Mashups

Donald Trump talks a lot, but what is he actually saying? VICE News' "Trump Talk" mashup series tries to answer that. And, we're happy to say, it was just nominated for two Webby Awards. Now you can watch all the nominated videos.

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Trump's Sexcapades
Trump's Sexcapades.

Jessica Leeds (1980s)
Kristin Anderson (1990s)
E. Jean Carroll (1995 or 1996)
Lisa Boyne (1996)
Cathy Heller (1997)
Temple Taggart McDowell (1997)
Karena Virginia (1998)
Mindy McGillivray (2003)
Jennifer Murphy (2005)
Rachel Crooks (2005)
Natasha Stoynoff (2005)
Juliet Huddy (2005 or 2006)
Jessica Drake (2006)
Ninni Laaksonen (2006)
Cassandra Searles (2013)
Allegations of pageant dressing room visits(1997)
Mariah Billado,
Victoria Hughes,
and three other Miss Teen USA contestants
Bridget Sullivan (2000)
Tasha Dixon (2001)
Unnamed contestants (2001)
Samantha Holvey (2006)

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Trump's Speeches | Rallys |Interviews
Trump's Speeches | Rallys

Donald Trump talks a lot, but what is he actually saying? Watch Trump at some of his rallys and see what you think.

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