Showing posts with label Wall Street. Show all posts
Showing posts with label Wall Street. Show all posts

07 July 2025

NATO Spending, Spanish Resistance, and Using Militarism to Enrich the Investor Class and Destroy Social Services

https://www.democracynow.org/2025/6/26/president_donald_trump_nato_iran

I was pleased to find this story touching on some larger questions that the mainstream media tends to downplay or ignore. The question of increased military budgets and militarism go hand in hand with the cutting of social services and tax cuts - some of the key economic planks of Trumpism.

19 May 2025

Trump Tariffs and the Ethics of Capitalism

https://www.reuters.com/world/us/trump-tells-walmart-eat-tariffs-instead-raising-prices-2025-05-17/

Trump wants Wal-Mart to 'eat' the costs of tariffs and not pass the prices on to consumers. He knows this will cost him politically as the working poor (many of whom support his movement) will be hit the hardest by the price hikes.

23 March 2025

The New Calvinist Dismantling the CFPB

The battle continues over the Consumer Financial Protection Bureau (CFPB). The courts in some cases resist the attempts to shut it down - in other cases the courts are facilitating its termination.

11 January 2025

Epstein and Tensions within the Israeli-American Alliance

https://consortiumnews.com/2024/11/05/israel-blackmail-the-presidents/

Not a few historians, analysts, and commentators wonder just who is in charge? Who is calling the shots in terms of the US-Israel relationship? At times it almost seems like Israel has the upper hand and steers the American ship - at least with regard to Middle Eastern policy.

21 September 2024

The Dominionist Ziklag

https://www.propublica.org/article/inside-ziklag-secret-christian-charity-2024-election

The Christian Right's fundraising and lobbying machine is a veritable labyrinth and this is by design. Money is effectively laundered and the smoke and mirrors make it all but impossible to tell where the money is coming from and where the power is located. There are certain names that always seem to appear - these are in some cases key agents or actors. Sometimes they are the powers, the 'movers and shakers', other times they are the action-arms of the powers - which are often very wealthy people or the people that manage the wealth. It's complicated.

23 August 2024

Answers in Genesis and The Servant Foundation: Agents and Mouthpieces for Wall Street

 https://www.wcpo.com/news/insider/see-how-answers-in-genesis-finances-its-creation-museum-and-publishing-operation

https://vcy.com/climate-change-for-kids-and-parents-too/

I was perusing the online edition of the new 'Climate Change for Kids' book issued by Answers in Genesis and I immediately thought of some past articles I've read about the dubious finances connected with the organisation. It's clear that Ken Ham is in it for the money and is willing to tap into every resource available - including tax money to promote his Creation Museum and Ark Encounter. And he's not above threats of litigation - suing the state of Kentucky for one. His lawyer was Mike Johnson who is now the Speaker of the House.

09 July 2024

Ramsey and the Three Wise Monkeys

https://finance.yahoo.com/news/father-moron-dave-ramsey-disgusted-211016354.html

This is a somewhat confused report of an Instagram video in which a father and daughter share a financial scheme with the audience. Engaging in a practice known as arbitrage they are effectively borrowing money at a low rate which generates savings that allows them to lend and receive a return at a higher rate. The particular scenario isn't very convincing and certainly has some holes. As far as risk, there's always risk in such ventures.

23 June 2024

Boeing and its Place in the US Empire

https://www.aljazeera.com/economy/2024/5/2/whistleblower-joshua-dean-ex-worker-at-boeing-supplier-dies

Boeing is too big to fail. As a member of the S&P100, the company constitutes a large and essential component within the stock market as well as the US security apparatus. Boeing builds commercial jets and does billions of dollars in military contracts. In fact it's the second biggest military contractor in the United States (and third in the world).

13 March 2024

Evangelical Misunderstandings of Modi's Relationship with the US

https://www.christianpost.com/voices/indias-pm-modi-wages-war-against-christians-with-impunity.html

Pardon my cynicism but if Trump were president I don't think this criticism would be levied with quite as much zeal and earnest as we see in this piece from the so-called Christian Post. In some respects the article was refreshing but in others ridiculous.

12 September 2023

Booz Allen Hamilton in the News

https://www.thedefensepost.com/2023/08/30/booz-allen-maryland-military-facility/

Articles about Booz Allen Hamilton always catch my eye as the company is well-known for its contract work with the CIA. Perhaps the most famous episode in recent years was in reference to Edward Snowden. The company is involved in all sorts of intelligence work, analysis, IT, and other forms of consulting and its one of those companies that straddles the military and intelligence spheres – in fact the line with a company like Booz Allen Hamilton is completely blurred.

22 August 2023

Trump's Threat to NATO

https://www.theguardian.com/us-news/2023/aug/04/john-bolton-trump-nato-2024

Some in the name of anti-globalisation would be more than happy to see the US withdraw from NATO. Others make a similar isolationist argument by appealing to Washington's 1796 farewell warning concerning 'foreign entanglements'. For whatever the reason there is a growing voice within Right-wing circles that is exhibiting no small degree of scepticism regarding NATO. For some it's simply a nationalist impulse and an unwillingness to contemplate spending American treasure and lives to defend some European country that most Americans know nothing about. Regardless, this sentiment represents a sharp break within the American conservatism that emerged after World War II.

17 July 2023

A Non-Aligned Movement for a New World Order

https://consortiumnews.com/2023/06/19/emergence-of-a-new-non-alignment/

A New World Order is emerging but it's not the one predicted by George HW Bush in the early 1990's. In fact this is the order he was trying to prevent, the nightmare scenario US power-brokers have been trying to stave off since that time. Ironically, they brought it on themselves but that's a long story - one that cannot be explored here.

21 February 2023

The Drug War: Corruption and Cover-up at the Highest Levels

*Updated 16 October 2024

https://www.reuters.com/legal/former-mexican-drug-czar-heads-trial-accused-aiding-el-chapo-2023-01-23/

https://theintercept.com/2023/01/18/genaro-garcia-luna-trial/

Ten days after winning the Mexican presidency in 2006, and encouraged by the Bush administration, Felipe Calderon launched the Mexican Drug War. Less than two decades later over 500,000 are dead and even these figures are misleading as they don't include all of the tangential deaths involved in connection to drugs – nor do mere numbers explain what the war has meant for the industry, its markets, and societies ranging from South America to the Canadian border.

20 February 2023

11 December 2022

The Shifting Sands of the China-Covid Narrative

Have you noticed the shift in coverage regarding China? For months Western media outlets have voiced criticism regarding Beijing's Zero-Covid policy. They referred to it as draconian and despite the fact that only a few thousand people have died within a country over a billion people – as ineffective.

11 November 2022

More Evangelical Error and Corruption

https://www.theguardian.com/us-news/2022/oct/27/life-surge-conference-evangelical-money-finance

American Evangelicalism has created a fusion of capitalism and Christian piety. Sacralism and Evangelical Dominionism place great stock in power and status, the middle class values of respectability and security. Those that understand this are not surprised by the so-called Prosperity Gospel. It is but an exaggerated expression of an impulse that already exists. It may be tacky, working class, philistine, and grossly overdone which certain cultural contexts tend to fuel – but in the end it's the same Cultural Christianity that produced ostentatious palaces, cathedrals in one generation and capitalist empires in another.

12 October 2022

The Trump Justice Department, Integrity and Policing Wall Street

https://www.npr.org/2022/09/20/1124043768/how-trumps-doj-pressured-the-southern-district-of-ny-to-aid-the-white-house

This episode of Fresh Air encouraged a deluge of thoughts and considerations. Listening to the account by the former US Attorney and his reports of the corruption in the Trump administration and specifically of former Attorney General Bill Barr, I could not help but immediately think of LPR's Issues Etc.

01 August 2022

A Usurious Alliance: Evangelical Avarice and Anabaptist Defection

While visiting the BreakPoint website I made another discovery which I must say initially startled me but upon reflection it wasn't too surprising. I noticed the website was promoting Eventide Mutual Funds as a form of Christian investment. That name was familiar to me. I clicked on the link and within a few seconds I had the answer.