The Endless Bailout

John Young gives us the best extant explanation of the current economic crisis and clearly explains how the billionaire elite force us to work for them.

by John Young

EVERY ONCE IN A WHILE there is a confluence of events that conspire to allow the American people a glimpse of the sordid underbelly of our government, finance capitalism, and anti-European-American policies all at once. The bail-out of our banking system, jointly proposed by Treasury Secretary Paulson and Federal Reserve Chairman Bernanke, is just such a confluence.

Naturally, our corporate news media, which abandoned even the pretext of objectivity decades ago in service . . . → Read More: The Endless Bailout

Iceland to Bankers: We Refuse to Pay

by Notsylvia Night

HERE IN ICELAND people say that if the country’s government agrees to give in to British and Dutch blackmail to pay the debts of the private Internet subsidiary Ice-Save of the private bank Landsbanki, we all will become Ice-Slaves. (ILLUSTRATION: Icelanders protest the fictitious “debts” of the bankers.)

So public opinion is forcing the parliament to refuse unconditional debt payments. According to a new agreement, payments are only to be made conditionally as a percentage of economic growth.

Already a large group of international banks have come together to sue Iceland for full and unconditional payments. Joseph Tirado, from the British law firm . . . → Read More: Iceland to Bankers: We Refuse to Pay

The Revolution Was

One way we’ve been dispossessed is through economic envy and class warfare. In this piece, a famed magazine writer — who paid a huge career price for writing it some 60 years ago — details in dramatic language how an economic “revolution within the form” was brought about in America. — Kevin Alfred Strom.

by Garet Garrett

THERE ARE THOSE who still think they are holding the pass against a revolution that may be coming up the road. But they are gazing in the wrong direction. The revolution is behind them. It went by in the Night of Depression, singing songs to freedom.

There are those who have never ceased . . . → Read More: The Revolution Was