Independent News and Politics

Word is leaking from Copenhagen that the whole conference is really just an attempt to give extraordinary new powers to the World Bank and private banking cartels. You’ll have to view the whole document here, because WordPress doesn’t seem to want to allow me to embed it on this site.

Not only would the agreement codify and institutionalize the wealth gap between rich and poor nations, it would also help to serve the interests of the ultra-rich within those rich countries, by giving them more direct control over how ‘permission’ for economic activity is obtained.  Those with little direct activity in the burning of fuel will now be in charge of rationing those carbon credits – and we can probably expect a whole lot of complex derivative deals that allow speculators to pull profit on the very foundation of our economies – energy itself.

Call us denialists or skeptics or whatever.  There are plenty of serious environmental problems to be dealt with in this world, and our fearless leaders are fixing exactly zero of them.  To them, the only dilemma that remains is how to go about retaining and magnifying one’s own power.

Whether its through stock support through dollar devaluation, or direct injections of public capital into private balance sheets, the top banks and banksters to get us in to this mess are also the ones making loot in America’s worst financial crisis in decades.

Granted, Goldman Sachs wasn’t left holding subprime paper when TSHTF.  They led the way in to that mess but quickly dropped the hot potato on to sucker banks and puppet corporations.  When the dust cleared and only Goldman looked good, the government tripped over itself to hand them cash directly and through AIG.  I’m sure this has nothing to do with the string of Goldman Executives to find themselves at the Treasury Department…

Just received an email:

This Friday, the House Financial Services Committee will meet at 9 am eastern to hold a hearing on Congressman Paul’s Audit the Fed bill, HR 1207.

Critics of the audit movement have complained that a full inspection of the central bank’s finances would inevitably lead to more direct Congressional regulation of our monetary policy.

Critics of the Fed say that auditing the bank will reveal decades of systemic corruption and collusion.

I guess there’s only one way to find out.  Let’s take a look at what our bank is doing with our money.

Get the full story here.