(Bloomberg) — The top US liaison to Taiwan asked the opposition’s presidential candidate about how he would navigate relations with Beijing if he wins next year’s election, according to people familiar with the meeting, as polls show a tight race between the key parties.
US Presses Taiwan Opposition Candidate Over Likely China Plans
H/T: Emil Cosman
The systemic threats to the U.S. financial system were not remedied when Congress passed the watered-down Dodd-Frank financial reform legislation in 2010. While that has been evident with each Federal Reserve bailout of the mega banks and their derivative counterparties, the threat has now gained increased urgency for Congress to confront as a result of a new academic study. A team of four highly-credentialed academics at four separate universities present compelling evidence that one of the four largest U.S. banks, with “assets above $1 trillion,” could be at risk of a bank run.
Academic Study Finds that One of the Four Largest U.S. Banks Could Be at Risk of a Bank Run
The twin crashes in US commercial real estate and the US bond market have collided with $9 trillion uninsured deposits in the American banking system. Such deposits can vanish in an afternoon in the cyber age.
Half of America’s banks are potentially insolvent – this is how a credit crunch begins
No matter how much evidence Robert Parry produced over the years poking holes in the official story, the establishment media declined to re-examine the case or treat it seriously, writes Nat Parry.
NYT Catches Up to Parry But Still Falls Short on October Surprise
Previously:
A Four-Decade Secret: One Man’s Story of Sabotaging Carter’s Re-election
A prominent Texas politician said he unwittingly took part in a 1980 tour of the Middle East with a clandestine agenda.
A Four-Decade Secret: One Man’s Story of Sabotaging Carter’s Re-election
Declassified Australia exposes and analyses a massive secret propaganda operation being run out of the US, that has been buried by Western media.
EXPOSED: “THE MOST EXTENSIVE CASE OF COVERT PRO-WESTERN INFORMATION OPERATION ON SOCIAL MEDIA”
H/T: Jimmy Dore
Related:
The Pentagon as Pitchman (PDF)
In 1970, Ronald Reagan was running for reelection as governor of California. He had first won in 1966 with confrontational rhetoric toward the University of California public college system and executed confrontational policies when in office. In May 1970, Reagan had shut down all 28 UC campuses in the midst of student protests against the Vietnam War and the U.S. bombing of Cambodia. On October 29, less than a week before the election, his education adviser Roger A. Freeman spoke at a press conference to defend him.
Freeman’s remarks were reported the next day in the San Francisco Chronicle under the headline “Professor Sees Peril in Education.” According to the Chronicle article, Freeman said, “We are in danger of producing an educated proletariat. … That’s dynamite! We have to be selective on who we allow [to go to college].”
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In retrospect, this period was the clear turning point in America’s policies toward higher education. For decades, there had been enthusiastic bipartisan agreement that states should fund high-quality public colleges so that their youth could receive higher education for free or nearly so. That has now vanished. In 1968, California residents paid a $300 yearly fee to attend Berkeley, the equivalent of about $2,000 now. Now tuition at Berkeley is $15,000, with total yearly student costs reaching almost $40,000.
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That brings us to today. Biden’s actions, while positive, are merely a Band-Aid on a crisis 50 years in the making. In 1822, founding father James Madison wrote to a friend that “the liberal appropriations made by the Legislature of Kentucky for a general system of Education cannot be too much applauded. … Enlightened patriotism … is now providing for the State a Plan of Education embracing every class of Citizens.”
“Knowledge will forever govern ignorance,” Madison explained, “and a people who mean to be their own governors must arm themselves with the power which knowledge gives.” Freeman and Reagan and their compatriots agreed with Madison’s perspective but wanted to prevent Americans from gaining this power. If we want to take another path, the U.S. will have to recover a vision of a well-educated populace not as a terrible threat, but as a positive force that makes the nation better for everyone — and so should largely be paid for by all of us.
Let’s Take a Deep Dive Into the Breaking Points and their Affiliates
After years of non-stop lies, many have moved away from the mainstream media and began going to alternative media sources. As a result, we’ve seen a lane of media emerge that positions themselves as anti-establishment or populist, but in the end are serving the same corporate interests of the mainstream media.
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Stay tuned for more updates from Indie News Network on this developing story.
Breaking Points’ New “Network” Features Neo-Cons and Squad Apologists
Video by BigMadCrab on YouTube.
H/T: Breaking Points “Network” is Full of Oligarch-Affiliates and Neo-Cons by Franc Analysis on YouTube.
Related:
Neocons Co-Opting The Populist Movement
For observers of President Biden’s recent visit to Asia it will come as no surprise that, as in the past, the US sought to encourage Asian allies to join in further strengthening its political, economic and especially military containment of China. Like the US role in prolonging the war in Ukraine in order to weaken Russia, the US hopes to weaken China so that it will be unable to challenge American hegemony.
Biden in Asia: Further Steps Toward War with China
H/T: THE NEW DARK AGE
Ms. Cat’s Chronicles 
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