John Perkins has a new book out called Hoodwinked. What Perkins covered about his past and the revelations made in Confessions of an Economic Hitman are put to practical use in this book, by helping to explain how the same practices of taking out countries financially has contributed to the global economic meltdown on main street.

And it is the same ethics that drives those at the top of the economic ladder in this country to push the limits of risk and greed that will inevitably drive us into an inflationary depression. John talks about how there are 355 billionaires in the US alone and how much that should concern the population.

Dr. Paul once again drives home his message of sound monetary policy and Austrian economics. Dr. Paul also covers some of the reasons elaborated upon in his book for abolishing the Federal Reserve.

This speech is unique because Ron Paul seems to sound increasingly desperate as if the nation’s economy may be reaching a point of no return when it comes to the inflationary policies of the Federal Reserve.

Ron Paul’s view points are being vindicated with recent headlines of gold hitting an all time high in the last few days. Meanwhile the dollar continues to test the 70 mark on the dollar index.

Prof. Noam Chomsky talks about how the IAEA calls on Israel to open up their nuclear facilities to inspection by the global body of the IAEA.

Chomsky also points out that this news got absolutely no mention in the American press. This simple observation by Chomsky shows just how unbalanced the coverage of Iranian pursuits of nuclear power have been in the US.
Several months back when former President Carter dared to speak the unspoken truth as to the existence of Israel’s nuclear stockpile, he was scolded and shunned in the American press for revealing such “secrets.”

If we are not willing to confront the nuclear problem as a whole, rather than picking and choosing who we help develop nuclear capability and who we threaten for such development, we are simply not making the world any safer.
Chomsky also talks about how the US helped both Pakistan and India develop their nuclear technology. Now it has become obvious that the US has potentially armed both sides of a potential conflict with nuclear weapons, but unfortunetly it happened because the US government was so focused on their narrow interests, either they did not see the potential disaster or they did not think it out weighed their own goals. Either way, it is not acceptable.

Perhaps, he would not even let it happen? Perhaps, he would try to “bailout” (buy) NBC from GE. Luckily for those of us who enjoy the free press, I think that is illegal… but who knows anymore? In this day and age, the politicians get away with about everything.

You may or may not have heard that Comcast was thinking about buying part of NBC from General Electric. After that happens, GE is still able to sell its non-controlling portion. This is where News Corp and Liberty Media come in to play. Both would be glad to purchase NBC.

Reuters reported:Rupert Murdoch’s News Corp (NWSA.O) and John Malone’s Liberty Media Corp (LINTA.O) are also interested in NBC Universal, though neither has approached GE so far, CNBC reported, citing sources.
News Corp, which owns the Fox cable network and local TV stations, had been seen as a less likely bidder, analysts have said, because taking a stake in NBC might raise antitrust concerns with the U.S. government

Oh you bet the government would raise antitrust concerns… But GE, one of the government’s biggest suppliers, owning NBC and MSNBC? No problem.

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There has been much talk about SNL’s critical Obama skit. The funniest part is it aired the week before Obama won the Noble Peace Prize. Last week I wrote an article (link in sidebar) on how Glenn Beck “One-upped Obama,” which received many comments praising Obama’s handling of Fox News and Glenn Beck. I used to just go after congress and give Obama the benefit of the doubt, but how can anybody give him a pass now? I cannot believe that people still defend Obama. How long can the argument “He is only been in there for 3 months, 6 months, 9 months, 1 year!” still have merit? Perhaps after the 2010 elections he might be able to get some work done, with a republican congress…

Giving Obama a reward for all the hard work he has done is one thing… if he has done anything but talk. We are still in Afghanistan and Iraq, while making Iran even more of an enemy. There has been no peace yet, there has been no global work yet. Obama has done nothing but talk on the global stage. Obama has done nothing but talk on the national stage. Americans are sick of hearing that he is, or will be the “greatest president ever.” Supporters of Obama are doing much more worse than good defending Obama. Wait until there is something to back your words until you continue to defend the President.

Everything you hated Bush for… the Iraq war, wiretaps, patriotact, the deficit, are not getting fixed. You hate one man for these things, but will give a pass to another. That does not make Bush any better than Obama, but it could make Obama as bad as Bush. Or worse… Perhaps, much worse.