The Saudi States of America

By Julia Davis

Look behind the mask of false pretenses to see the awful truth: riches seeking ever more money, celebrity looking for more notoriety, propaganda masquerading as the truth and the deprivation of liberties posturing as the savior in the 'war on terror'.

http://www.informationclearinghouse.info/article28694.htm



The Unintended Consequences of Debt Ceiling Intransigence

By Paul Craig Roberts

We are talking about a crisis beyond anything the world has ever seen. Does anyone think that President Obama is going to just sit there while the power of the US collapses?

http://www.informationclearinghouse.info/article28684.htm



No, You are Not King Sir Jackass

By Karl Denninger

The economy is a damn wreck. The banks are only 'solvent' because they are lying about asset values. And Wall Street is punch-drunk - again - on cheap leverage, headed for yet another utter and complete disaster.

http://www.informationclearinghouse.info/article28687.htm



Americans 'Disgusted' as Politicians Fail to Compromise on Debt

By Bloomberg

The average American had real disposable income after taxes of $33,064, according to May figures from the Bureau of Economic Analysis. The lead debt-ceiling negotiators, Senate Majority Leader Harry Reid and Senate Minority Leader Mitch McConnell each will earn $193,400 this year.

http://www.informationclearinghouse.info/article28689.htm



Wealth Gap Widens Between US Whites, Minorities

By HOPE YEN

The recession and uneven recovery have erased decades of minority gains, leaving whites on average with 20 times the net worth of blacks and 18 times that of Hispanics.

http://www.informationclearinghouse.info/article28688.htm



The Question Conservatives Can t Answer

By Paul Buchheit

I asked anyone out there to explain, defend, or justify the fact that over 20% of our country's income (it was 7 percent in 1980) now goes to the richest 1 percent of Americans.

http://www.informationclearinghouse.info/article28692.htm



U.S. in Revolt: It Can Be Done, Now is the Time.

By Kevin Zeese

We Can Stop the Corporate Machine and Create a New World.
http://www.informationclearinghouse.info/article28690.htm



Defense Cuts? Don t Believe Them Until You See Them

One upshot of the debt-ceiling debate is that politicians might finally be ready to trim the outrageously bloated U.S. military budget. That s the story, anyway, being told by the Washington Post.

http://www.dissentmagazine.org/atw.php?id=511



Analysis: U.S. credit downgrade 'inevitable':

Only seven days stand between the U.S. and the effects of a credit default. But a downgrade of the nation s stellar AAA credit rating seems a lot more likely, and a lot sooner.

http://news.yahoo.com/u-credit-downgrade-inevitable-032700785.html


From Information Clearing House

--------

Study Shows Racial Wealth Gap Grows Wider
http://www.commondreams.org/headline/2011/07/26-2

Armadebtdon 2011: Nonfiction Captain America
http://www.commondreams.org/video/2011/07/26-0

The Coming Economic Disaster
http://www.commondreams.org/view/2011/07/26-2

Disaster Legislating; A Dangerous New Process
http://www.commondreams.org/view/2011/07/26-6

Nation s Wars Are Heavy Burden on State Budgets
http://www.commondreams.org/view/2011/07/26

US Wealth Gap Reflects Racism s Legacy
http://www.commondreams.org/video/2011/07/27

Why Racism Doesn t Die
http://www.commondreams.org/view/2011/08/16-1

--------

Industries have essentially taken the government captive
http://www.realecontv.com/videos/post-collapse/where-were-headed-and-what-to-do-about-it-.html



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