1) Exxon Mobil made $19 billion in profits in 2009.  Exxon not only paid no federal income taxes, it actually received a $156 million rebate from the IRS.

2) Bank of America received a $1.9 billion tax refund from the IRS in 2010, although it made $4.4 billion in profits and received a bailout from the Fed of nearly $1 trillion. 

3) Over the past five years, while General Electric made $26 billion in profits in the US,…

The highest paid rogues in what is quickly becoming the greatest oligarchy in the world. The top five American criminals CEO are: 

1) John Hammergren, McKesson Corporation: $145,266,971. He runs the largest health care firm in the known universe (Gross revenues of $108.7 billion) his take from 2011’s stock options (part of his compensation) - roughly $469 million.

2) Joel F. Gemunder, Omnicare, $98,283,242. Omnicare provides…

Due to scientific evidence that Monsanto’s genetically modified corn is devastating the dying bee population, it has bought itself one of the largest bee research firms on the planet in efforts to polish its image.

Monsanto scooped up Beelogics in September 2011. Owning a major organization that focuses heavily on the bee collapse and is recognized…

1) Mark Pincus: The Zynga online gaming goliath, wants it all. Money and power. Pincus had spent the previous four years prior to 2011 building up Zynga. The Pincus personal net worth? Forbes put that at $2 billion.

In March 2011, Pincus sold off a chunk of his Zynga shares and cleared a neat $110 million.

This lucrative sale in no way loosened the Pincus lock-grip over Zynga. The Harvard MBA had structured the company’s stock to make him the only owner of…

These are the rich Criminals who represent you.

The hard times that most Americans continue to experience don't seem to be making an impact on their representatives in Washington. Why? Between 1984 and 2009, the median net worth of a member of the House more than doubled from $280,000 to $725,000 in inflation-adjusted 2009 dollars, excluding home equity.

Members of Congress have been getting richer over the last 25 years by kowtowing to the…

1)      47.8% of households that receive food stamps are working, because having a job is not enough to keep them out of poverty.

2)      The number of people on food stamps has increased by 20 million over the past five years. 

3)      10 million more Americans fallen below the poverty line since 2006.

4)      About half of all Americans are now either living in poverty or are considered to be low income.  So is America a "wealthy"…

An excerpt from page 150, America, the True Origins of the Financial Crisis and the Future of the World Economy”

Credit Default Swaps (CDS)

If Mr. Spock, of Star Trek fame, spotted a CDS and had to describe it to Captain Kirk, he would have said, in his usual expressionless way: “They are insurance policies, Captain, but not as we know them.” CDSs pay out pre-specified amounts of money if someone else defaults. The difference between a CDS and a…

By Carl Herman (excerpt, edited by yours truly)

Monetary reform is a fundamental shift in how America creates money. The shift is from a Robber Baron-era design of banks creating credit to lend to us at interest and ever-increasing debt, to our community (government) creating it for the direct payment of public goods and services.

The Great Depression in the US (1929-1941) motivated professional economists to comprehensively and creatively address its…

The craziness just keeps on coming from the “venerable” US Supreme Court. The sick individuals that make up the corrupt court never fail to amaze in their nefarious dealings.

 For example: Ex Monsanto lawyer Clarence Thomas to hear Major Monsanto Case. The world…

The Ogallala Aquifer is being drained at a rate of approximately 800 gallons per minute.

According to the US Geological Survey, since 1940 "a volume equivalent to two-thirds of the water in Lake Erie" has been permanently lost from the…

• For every one job opening, there are four people looking for work.
• Union membership is at a 70-year low.
• Unemployment benefits have saved 3.2 million people from poverty.
• 50% of US workers make less than $26,364 per year.
• When you add up salary and benefits, the average auto worker in Germany makes $67.14 an hour.  In the US, auto workers only make $33.77 an hour in salary and…

OF COURSE THEY DO! THEY GET RICH BY TAKING ADVANTAGE OF PEOPLE! THEY ARE TRUE PSYCHOPATHS AND SOCIOPATHS!

 Bloomberg reports that a new study in the Proceedings of the National Academy of Sciences found that the "upper class" are more likely to behave unethically than those of us with less money. According to the study rich scum were more likely to break the law while driving, take candy from children, lie in negotiation, cheat to increase their odds of winning a prize and…

1. The top 1% takes home 24% of the nation’s income, up from about 9% in 1976.
2. The top 1% of Americans own 40% of our country’s wealth while the bottom 80% owns only 7%.
3. In the last three years, 30 major corporations spent more on lobbying than they paid in taxes.
4. Since 1985, the federal tax rate for the 400 wealthiest Americans dropped from 29% to 18%.
5. The wealthiest 10% of all…

By Charles Hugh Smith (shortened & freely adapted by yours truly) can be viewed online with the above title.

Political and social revolutions occur when the productive classes realize the Status Quo no longer serves their self-interests. In other words, the revolution is first and foremost a personal internal process of recognition and enlightenment: all the propaganda issued by the Status Quo, which serves the best interests of the productive classes, is finally…

Published: 04 April, 2012, 01:48

After 9/11, the United States government created the Department of Homeland Security to prevent future acts of terrorism and deal with other domestic issues. Now in order to keep doing such, the agency is asking for 450 million hollow point bullets.

The DHS has signed off on an “indefinite delivery” from defense contractors ATK that…

Many libertarians regard Social Security and Medicare as welfare handouts and as Ponzi schemes, when in fact these programs are a form of private property. People pay for these programs all their working lives, just as they pay premiums for private medical policies and make their deposits into private pension plans. Libertarians are great defenders of private property, so why don’t they defend the elderly’s private property rights in Social Security and Medicare benefits? Social Security and…

• At a public school in Texas, a 12-year-old girl was arrested for spraying herself with perfume.
• A student in Albuquerque, NM was forced to strip down to his underwear while five adults watched because he had $200 in his pocket.  The student was never formally charged with doing anything wrong.
• A security guard at one school in California broke the arm of a 16-year-old girl because she left some crumbs on the floor after cleaning up some cake that she had…