Category: Federal Reserve

The Fed’s Inspector General Clears Jerome Powell of Wrongdoing in the Trading Scandal, One Day After Five Senators Accuse Him of Hampering the Investigation

Tina Marie (Ms. Cat)

By Pam Martens and Russ Martens, July 15, 2022

Yesterday afternoon, Mark Bialek, the Inspector General of the Federal Reserve, released a memorandum clearing Fed Chair Jerome Powell and former Fed Vice Chair Richard Clarida of wrongdoing in the trading scandal that has engulfed multiple officials of the Federal Reserve.

The Fed’s Inspector General Clears Jerome Powell of Wrongdoing in the Trading Scandal, One Day After Five Senators Accuse Him of Hampering the Investigation

Related:

Senators on Senate Banking Committee Accuse Fed Chair Powell of Hampering Trading Scandal Investigation

Questions remain unanswered after New York City nuclear war alert

Tina Marie (Ms. Cat)1 Comment

Questions remain unanswered after New York City nuclear war alert

It should also be noted that the head of New York City’s Office of Emergency Management is Zach Iscol, who was appointed by Adams on February 22, just days before the beginning of the war in Ukraine. Iscol is a representative of what the WSWS has termed the “CIA Democrats”: former intelligence and military personnel who are deeply embedded in the US national security apparatus and have come to play a major role in Democratic Party politics.

Iscol is a former Marine who was involved in the Second Battle of Fallujah in 2004, the single biggest battle during the bloody, decades-long US occupation of Iraq. The city, one of the oldest urban settlements of human civilization, was turned into a sea of ruins and has become a sinister symbol of the war crimes of US imperialism against the people of Iraq. In 2020, Iscol unsuccessfully ran for the office of mayor, pledging to “translate” his experience during the battle of Fallujah to New York City — a threat that must no doubt be taken seriously.

Previously:

NYC Prepares for the ‘Big One’ With Nuclear Attack PSA Video

Mitch McConnell says the labor shortage will be solved when people run out of stimulus money because Americans are ‘flush for the moment’

Tina Marie (Ms. Cat)1 Comment

Mitch McConnell says the labor shortage will be solved when people run out of stimulus money because Americans are ‘flush for the moment’

Related:

McConnell’s Wife’s Family Business Appears on Trump Admin’s List of Companies That Received Most PPP Money

So says the man who’s wife received a PPP loan! 🙄

Who will pay for Biden’s new “forever war”?

Tina Marie (Ms. Cat)

This week, the United States and its NATO allies pledged to increase their troop presence in Europe seven-fold, in order to prepare for what they called “warfighting against nuclear-armed peer-competitors”–that is, war against Russia and China.

Who will pay for Biden’s new “forever war”?

Related:

Glenn Hubbard’s WSJ Op-Ed: NATO Needs More Guns and Less Butter

Hubbard is a nonresident senior fellow at the right-wing think tank, American Enterprise Institute!

The Centre of International Insecurity

Tina Marie (Ms. Cat)

The Biden administration is no longer in charge of the White House. Relying on a select network of think-tanks and their corporate proxies, the Big Defense is. What it wants, it seems to get.

The Centre of International Insecurity

Related:

Scott [Horton] is joined by Dan Steinbock to discuss an article he wrote about the network of Democratic organizations running American foreign policy. Steinbock has dug deep into the Center for a New American Security (CNAS) and WestExec Advisors, two organizations that have allowed top foreign policy officials to make money cycling between government, think tank and advisory roles. Steinbock also takes a step back and examines how these organizations are connected to weapons companies, Wall Street and technology firms.

6/27/22 Dan Steinbock: How Hawkish Democrats Make Money Pushing War