Category Archives: Politics

France Declares 60% of its Debt Illegitimate, Paving the Way for Re-systemization of Banking Structure

France Declares 60% of its Debt Illegitimate, Paving the Way for Re-systemization of Banking Structure

” the committee for a citizen’s audit on the public debt issued a 30-page report on French public debt, its origins and evolution in the past decades. The report was written by a group of experts in public finances under the coordination of Michel Husson, one of France’s finest critical economists. Its conclusion is straightforward: 60% of French public debt is illegitimate”

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EPA Sued by Human Rights Organization Over Failure to Mitigate Climate Change Through Regulation

EPA Sued by Human Rights Organization Over Failure to Mitigate Climate Change Through Regulation

“The public trust doctrine has its roots in antiquity, deriving from the Roman “Code of Justinian.” Elizabeth Brown of Our Children’s Trust, the group coordinating the legal effort, explains that the doctrine represents a duty for all sovereigns to safeguard public resources that future generations will depend on for survival. It is an “attribute of sovereignty,” “implicit in our constitution,” she says.”

Federal Income Tax is Voluntary, Admits IRS Director

Federal Income Tax is Voluntary

“Federal income tax in the US

(and in many other countries with a Rothschild-controlled Central Bank) only goes towards paying off the national debt. Outrageous as it may be, there is not a single cent of all the income taxes collected from US citizens that goes towards a single service or benefit the US Government provides. Want proof of this? The Grace Commission released a report in January, 1984, under US President Ronald Reagan, which stated that “100% of what is collected [in income taxes] is absorbed solely by interest on the Federal Debt and by Federal Government contributions to transfer payments. In other words, all individual income tax revenues are gone before one nickel is spent on the services taxpayers expect from government.””

Increase in Fracking Leads to Spike in Illegal Disposal of Radioactive Waste

Increase in Fracking Leads to Spike in Illegal Disposal of Radioactive Waste

“Oilfields are spinning off thousands of tons of low-level radioactive trash as the U.S. drilling boom leads to a surge in illegal dumping and states debate how much landfills can safely take.

State regulators are caught between environmental and public health groups demanding more regulation and the industry, which says it’s already taking proper precautions. As scientists debate the impact of small amounts of radiation on cancer risks, the U.S. Environmental Protection Agency says there’s not enough evidence to say what level is safe.”

Will 90’s Syndrome Lead to the Collapse of the Chinese Economy?

Will 90’s Syndrome Lead to the Collapse of the Chinese Economy?

“Fuelled by a steady diet of cheap money, these companies kept adding capacity with no regard to profitability or return on capital. They simply focused on producing more stuff and expanding their size. They employed more people, and everyone was happy.

But, all the while, they were borrowing more and more money, until eventually they collapsed under the debt load when liquidity dried up.

Before Korea, the exact same thing happened in Japan, and a giant, unsustainable debt binge brought the “miracle economy” to its knees.”

JP Morgan Settles $400 Million is Law Suit, All of the $ Goes to Insurance Company, None to Families Who Suffered

JP Morgan Settles $400 Million is Law Suit, All of the $ Goes to Insurance Company, None to Families Who Suffered

” JPMorgan Chase & Co (NYS:JPM) will pay $400 million to settle lawsuits brought by bond insurer Syncora Guarantee Inc (PKN:SYCRF) over toxic mortgage-backed securities, according to the insurer.”

The cases are Syncora Guarantee v. EMC Mortgage Corp, U.S. District Court for the Southern District of New York, No. 09-cv-3106; and Syncora Guarantee v. JPMorgan Securities, Syncora Guarantee v. EMC Mortgage, and Syncora Guarantee v. EMC Mortgage, New York state Supreme Court, New York County, Case Nos. 651566/2011, 650420/2012 and 653519/2012.

President’s Declaration Completely Subverts First Amendment Rights

President’s Declaration Completely Subverts First Amendment Rights

According to the president’s recent Executive Order, “Blocking Property of Certain Persons Contributing to the Situation in Ukraine” (first reported by WND’s Aaron Klein), the provisions for seizure of property extend to “any United States person.” That means “any United States citizen, permanent resident alien, entity organized under the laws of the United States or any jurisdiction within the United States (including foreign branches), or any person in the United States.”

Declaring a “national emergency” over the planned referendum in Crimea to determine whether or not to join Russia, the US president asserts that asset seizure is possible for any US person “determined by the Secretary of the Treasury, in consultation with the Secretary of State”:

US Government Sues Sprint for Charging too Much for Wiretapping Service

US Government Sues Sprint for Charging too Much for Wiretapping Service

“The US government today filed suit against Sprint, alleging that the company overcharged government agencies when submitting expense reimbursement requests for wiretap operations that spied on Sprint customers.

Sprint “knowingly submitted false claims to federal law enforcement agencies, such as the Federal Bureau of Investigation (FBI), Drug Enforcement Agency (DEA), US Marshals Service (USMS), Bureau of Alcohol, Tobacco and Firearms (ATF), Immigration and Customs Enforcement (ICE), and others, by including unallowable costs in their charges for carrying out court orders authorizing wiretaps, pen registers, and trap devices,” US attorneys wrote in a suit filed today in US District Court in Northern California.

Sprint denies the allegations, which the US says cost the government $21 million.”