Wall Street's War against Main Street America By Prof. Michael Hudson As Mr. Obama's chief of staff Emanuel Rahm put it, a crisis is too good a thing to waste. It's a con man's old trick to pressure the victim to make a decision fast. Having created the crisis, Wall Street wants to use its momentum to knock out any potential checks to its power. http://www.informationclearinghouse.info/article24743.htm Real, Uglier American Unemployment By Joel S. Hirschhorn As bad as the jobless data you hear are, you have not been told the whole truth. If you think the terrible impact of America 's Great Recession is shown by an official unemployment rate of about 10 percent, think again. http://www.informationclearinghouse.info/article24741.htm The Richest 1% Have Captured America's Wealth What's It Going to Take to Get It Back? By David DeGraw The U.S. already had the highest inequality of wealth in the industrialized world prior to the financial crisis -- and it's gotten even worse. http://www.informationclearinghouse.info/article24738.htm America: Land of Unlimited Anger By Christoph von Marschall America is becoming impossible to govern. Voters want neither Obama nor the Republicans. http://www.informationclearinghouse.info/article24747.htm -============= China in record US debt sell-off : According to Treasury figures released on Tuesday, Beijing sold off more than $34bn of its holdings in the final month of 2009, cutting its holding of US debt by just over 4 per cent to $755.4bn. http://www.informationclearinghouse.info/article24723.htm Foreigners cut Treasury stakes; rates could rise: A record drop in foreign holdings of U.S. Treasury bills in December sent a reminder that the government might have to pay higher interest rates on its debt to continue to attract investors. http://www.informationclearinghouse.info/article24711.htm -- You received this message because you are subscribed to the Google Groups "ShadowGovernment" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/shadowgovernment?hl=en.
