Truthdig: Drilling Beneath the Headlines

The Agonist | thoughtful, global, timely Media Lens Australian Debt Clock Blog Post 12| 27th December 2015 U.S. Federal Reserve Breaks Bad In the wind up of 2015 the Federal Reserve (FED, U.S. ‘…inflation at the rate of 2 percent (as measured by the annual change in the price index for personal consumption expenditures, or PCE) is most consistent over the longer run with the Federal Reserve's mandate for price stability and maximum employment.’ Source: U.S. Although this is a relatively small increase to the rate at which U.S. private banks borrow from the FE, and future increases are forecast to be gradual; inflation only averaged 0.07% from January 2015 to November 2015. ‘…it is reasonably confident that inflation will rise, over the medium term, to its 2 percent objective.’ Source: U.S. However, modern central banking theory and empirical evidence only support the use of, what is conventionally known as contractionary monetary policy (reducing the money supply through raising interest rates), to invoke a decrease to inflation. What is the probable outcome?

Adbusters Culturejammer Headquarters | Journal of the mental environment Naomi Wolf: Fascist America, in 10 easy steps | World news Last autumn, there was a military coup in Thailand. The leaders of the coup took a number of steps, rather systematically, as if they had a shopping list. In a sense, they did. Within a matter of days, democracy had been closed down: the coup leaders declared martial law, sent armed soldiers into residential areas, took over radio and TV stations, issued restrictions on the press, tightened some limits on travel, and took certain activists into custody. They were not figuring these things out as they went along. As difficult as this is to contemplate, it is clear, if you are willing to look, that each of these 10 steps has already been initiated today in the United States by the Bush administration. Because Americans like me were born in freedom, we have a hard time even considering that it is possible for us to become as unfree - domestically - as many other nations. Conason eloquently warned of the danger of American authoritarianism. 1. 2. 3. Thugs in America? 4. 5. 6. 7. 8. 9. 10.

Democratic Underground INFORMATION CLEARING HOUSE. NEWS, COMMENTARY & INSIGHT News.com 2011: A Brave New Dystopia - Chris Hedges' Columns 2011: A Brave New Dystopia Posted on Dec 27, 2010 By Chris Hedges The two greatest visions of a future dystopia were George Orwell’s “1984” and Aldous Huxley’s “Brave New World.” We have been gradually disempowered by a corporate state that, as Huxley foresaw, seduced and manipulated us through sensual gratification, cheap mass-produced goods, boundless credit, political theater and amusement. Orwell, as Neil Postman wrote, warned of a world where books were banned. “The Party seeks power entirely for its own sake,” Orwell wrote in “1984.” The political philosopher Sheldon Wolin uses the term “inverted totalitarianism” in his book “Democracy Incorporated” to describe our political system. The corporate state does not find its expression in a demagogue or charismatic leader. The result is a monochromatic system of information. Get truth delivered to your inbox every week. Previous item: Let’s Not Spin the Civil War Next item: The Game-Changer List New and Improved Comments

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