Over Reach of the Financial-Military Complex and the New Multi-Polar World Order

Published on Global Research.ca, by Jim Miles, MAy 17, 2015.

… There are some broad trends that should be obvious. Financially, the ‘western’ world is operating as a debt laden consumer society, competing with the rising strengths of China and Russia as co-leaders in an at best multi-polar world. Militarily, the U.S. and its allied NATO countries remain dominant, but that dominance is reckoned on the threats of a failed “full spectrum dominance” military, backed by an official first strike nuclear capability and policy. Continuer la lecture de « Over Reach of the Financial-Military Complex and the New Multi-Polar World Order »

If Too-Big-to-Fail means Too-Big-to-Jail it should mean Too-Big-to-Be

… the US needs the Iceland option – Published on Dissident Voice (first on This Can’t Be Happening), by Dave Lindorff, May 16, 2015.

In a couple of days, the so-called US Justice Department will be announcing an “agreement” reached with five large banks, including two of the largest in the US — JP Morgan Chase and Citigroup, the holding companies for Chase and Citibank — under which these banks or bank holding companies will plead guilty to felonies involving the manipulation of international currency markets.   Continuer la lecture de « If Too-Big-to-Fail means Too-Big-to-Jail it should mean Too-Big-to-Be »

Five Major Banks to Plead Guilty to Rigging Currency Markets

Published on Global Research.ca (also on World Socialist Web Site WSWS), by Andre Damon, May 15, 2015.

Five major international banks are expected to plead guilty as soon as next week to criminal charges in the US related to their deliberate manipulation of global foreign exchange markets, which allowed them to rake in billions of dollars at the expense of retirees, university endowments and municipalities.   Continuer la lecture de « Five Major Banks to Plead Guilty to Rigging Currency Markets »

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