The Fed is bailing out European banks now too

The bankster’s bad loans must be saved regardless of the pain it causes elsewhere. This is the primary policy of the Fed and European finance ministers. No matter that European banks are almost criminally over-leveraged with toxic sovereign debt it never should have bought, there must be no haircuts. Bondholders must be made whole. It [...]

Peepoo bio bags being used in slums of Kenya

Anne Nudge is a Sales Representative for Peepoople AB, a Swedish social enterprise that, last October, launched a pilot project in Silanga, marketing and selling “The Peepoo“– a single-use, personal toilet that sanitizes human waste quickly, preventing it from contaminating the surrounding environment. After just a few weeks, the bag transforms the waste into [...]

Pirate Party wins 9% in Germany election

The Pirate Party — which is committed to freeing up the internet — came up big, garnering 9% of the vote (!) and winning seats in government for the first time in the party’s history.

Merkel’s party came in second and their coalition partner failed to qualify for any seats in regional elections in [...]

What is the true cost of the Afghanistan war?

Via Another Green World in Britain.

Britain is spending tens of billions waging the unjustified war in Afghanistan, with horrific costs in the deaths of thousands of Afghan civilians, and of soldiers sent to kill and be killed. This video, narrated by Tony Benn with music by Brian Eno, dramatically conveys the cost of [...]

Drug cartels are taking jobs from American drug dealers

Jeez, whatever happened to American entrepreneurship and initiative?

Foreign drug cartels are now in over 1,000 U.S. cities, up from 230 just two years ago. They control wholesale distribution. The only homegrown players are outlaw motorcycle clubs, and they’re just in retail.

With the exception of MDMA, every other drug — even heroin from Afghanistan, [...]

Muddy Waters – Rollin’ Stone

For the benefit of the numerous commenters who’ve asked or speculated whether this song inspired the name of the band the Rolling Stones: it did, of course

Pacsafe Stashsafe 200 hip pack

The Stashsafe 200 hip pack (available at Amazon, eBags, and elsewhere) is a truly amazing hip pack. It has copious space, many places to put things like cell phones and passports. Plus the material has wire mesh and the strap can’t be cut. I use mine more and more.

Now I understand why women [...]

Obama channels Captain Obvious

U.S. still hurting from Wall Street crisis of 2008, says Obama

His solution? Pass his tepid jobs bill. But as for the cause of the crisis or the rampant criminality on Wall Street he, as always, remains mute.

Elizabeth Warren. The coming collapse of the middle class

Elizabeth Warren on America’s credit economy, which she links to the continuing rise in bankruptcy among the middle-class. From 2008.

She was chair of the Congressional Oversight Panel created to oversee the U.S. banking bailout before being thrown under the bus by the Obama Administration. She is now running for Senate in Massachusetts

Tip: [...]

Carville: Obama will lose unless he prosecutes Wall Street crimes

Amen. Further, Obama should lose if he continues to give the banksters whatever they want to the detriment of the rest of us. Bought and Paid For. The Unholy Alliance between Barack Obama and Wall Street by Charles gasparino details how Obama came out of nowhere to win the presidency, supported hugely and early by [...]