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LIBOR

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    The White House Un-Reality Show

     

    by BAR executive editor Glen Ford

    Despite the fact that “it was Barack Obama who began the current austerity offensive in the weeks before delivering his first inaugural address,” the president was allowed to pose as a champion of the social safety net. Having redefined war, he once again claims to be a peacemaker. By cheering the inaugural speech, progressives are only encouraging Obama’s gaming and mendacity.”

    Obama and the Bank Protection Racket

     

    by BAR executive editor Glen Ford

    Wall Street knows, with great intimacy, that it is perched on the lip of the abyss, that the next crash can come from any number of directions, that all its faults are active and all its contradictions, acute.” Wall Street’s protectors in the Obama administration understand this, too. “The U.S. Justice Department’s job, as Eric Holder sees it, is to immunize the criminals from prison time, and then fine their companies to preserve the illusion of justice.” However, when the next crash comes, a State of Emergency will follow.

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