Totalitarian governments operate very predictably and foolishly. Their propaganda is so over-the-top absurd that even the most gullible and uneducated members of their permanently indoctrinated populations start becoming more and more skeptical of official government accounts of reality. The Fascist Bureau of Intimidation, the institution that was responsible for the assassination of Martin Luther King Jr. ...

So there is a magic wand after all. A revolutionary paper by the International Monetary Fund claims that one could eliminate the net public debt of the US at a stroke, and by implication do the same for Britain, Germany, Italy, or Japan. The IMF reports says the conjuring trick is to replace our system of private bank-created money. Photo: Reuters One could slash private debt by 100pc of GDP, boost growth, ...

  "I have sworn upon the altar of God eternal hostility against every form of tyranny over the mind of man." - Thomas Jefferson. Totalitarian governments operate very predictably and foolishly. Their propaganda is so over-the-top absurd that even the most gullible and uneducated members of their permanently indoctrinated populations start becoming more and more skeptical of official government accounts of r ...

A survey of about 1,100 Americans finds that more than 4-in-10 respondents admit they don’t have more than $500 in readily accessible savings. The survey is a kind of departure for CreditDonkey.com, a website that compares credit card deals. Not respondents all were poor. Some had big houses, big mortgages or 401(k)s, but still no more than five Benjamins to rub together right now. Jill Michal, president an ...

A rare TV appearance of the last surviving person to witness the assassination of Abraham Lincoln's assassination has turned up on YouTube. The video is from a February 1956 episode of the TV game show I've Got a Secret. The show involved a notable person with a celebrity panel whose job it was to guess the secret behind what made the guest so famous. Guest: Host Garry Moore, right, escorts Samuel Seymour, ...

Sign of the times. America is $14 trillion in debt. The secretive Federal Reserve System — a bastard-hybrid of privately-owned banks that act as America’s central bank with limited government supervision — secretly bailed out foreign banks for a mind-boggling $12.3 trillion. The much-anticipated demise of the dollar is given an extra push by last November’s announcement by China and Russia that they’ve aban ...

The last time we checked on the (funding) status of America's real presidential race - the one where America's uber-wealthy try to outspend each other in hopes of purchasing the best president money can buy - the totals were substantially lower. With November 6 rapidly approaching, however, the scramble to lock in those record political lobbying IRRsis in its final lap. And thanks to the unlimited nature of ...

In a surprising (if not quite shocking) move, late on Friday Canada blocked Petroliam Nasional Bhd.’s C$5.2 billion takeover of Progress Energy Resources Corp. saying the bid by the Malaysian state-owned company "wasn’t in Canada’s national interests." As BusinessWeekexplains, "in what investors say is a test case for the $15.1 billion bid by CNOOC Ltd. of China for Calgary-based Nexen Inc., the Canadian go ...

Even at 76, with untold wealth and the holder of a rare Order of Merit from the Queen, Lord Rothschild has continued to dream. It is a father’s dream: that his only son Nat might one day lead the world’s most enduring banking dynasty to new heights, repairing an old family schism and burnishing its blue-chip image to even greater brilliance. Today Jacob Rothschild is a bitterly disappointed, even angry man, ...

  CBS (CBS News) The National Debt has now increased more during President Obama's three years and two months in office than it did during 8 years of the George W. Bush presidency.     The Debt rose $4.899 trillion during the two terms of the Bush presidency. It has now gone up $4.939 trillion since President Obama took office.   The latest posting from the Bureau of Public Debt at the T ...