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The Fed’s chair and vice chair got rich at Carlyle Group, a private equity fund with a string of bankruptcies and job losses

Private equity funds have been variously called “merchants of debt,” “vultures,” or “corporate raiders.” What a private equity fund typically does is to buy up companies by piling debt on the balance sheet, selling off valuable assets like real estate, extracting giant dividends for the private equity partners to the detriment of workers and customers, and then, frequently, letting the company collapse into bankruptcy while laying off thousands of workers or liquidating the whole company. It should give pause to every American that the two top men at the Federal Reserve who are implementing a new $4.54 trillion bailout fund for Wall Street, using $454 billion from taxpayers to absorb the losses, both got rich working for one of the world’s largest such private equity firms: the Carlyle Group. According to his official bio, Fed Chairman Jerome Powell was a partner at the Carlyle Group from 1997 to 2005. In November 2017, Stephen Gandel, writing for Bloomberg News , calculated t

New court files expose Sheldon Adelson’s security team in US spy operation against Julian Assange

An exclusive investigation by The Grayzone reveals new details on the critical role Sheldon Adelson’s Las Vegas Sands played in an apparent CIA spying operation targeting Julian Assange, and exposes the Sands security staff who helped coordinate the malicious campaign. by Max Blumenthal “ I was the CIA director. We lied, we cheated, we stole. ” –Mike Pompeo, College Station, TX, April 15, 2019 Part 3 - Journey to “the dark side” On February 26, 2017, Wikileaks announced the forthcoming release of a major tranche of CIA files revealing details of the agency’s hacking and electronic surveillance tools. One such spying application called “Marble” allowed agency spies to implant code that obfuscated their identity on computers they had hacked. Other files contained evidence of programs that allowed hackers to break into encrypted messaging applications like Signal and Telegram, and to turn Samsung smart TVs into listening devices.  Two days after Wikileaks’ initial an

How big wireless lobbied governments to build 5G for citizen data collection and surveillance

While selling 5G technology to the public as a means for faster downloads, Big Wireless — comprising a web of telecom companies, lobbyists and law firms– is spending millions to lobby governments the world over to implement the next generation of cellular technology because of its potential for data collection and surveillance of citizens. by Derrick Broze  Part 4 - A History of Big Wireless Bullying and Corruption In 2018, Senator Richard Blumenthal of Connecticut exposed that Big Wireless and the FCC have failed to adequately fund independent studies into the health effects of emerging 5G technology. At a Senate Commerce committee hearing, Blumenthal questioned Brad Gillen, Executive Director of the CTIA, about the absence of this research. " How much money has the industry committed to supporting additional independent research—I stress independent—research? And we’re talking about research on the biological effects of this new technology,” Blumenthal asked. T

Trump unveils plan that would see Big Pharma reap massive profits from COVID-19 vaccine

President Trump has revealed a plan to mobilize the US military to deliver mass vaccinations across the country, coupled with Operation Warp Speed, a “Manhattan project-style” race to produce a COVID-19 vaccine. by Raul Diego Part 3 - Mass involuntary vaccines and jostling for profits Yesterday, President Donald Trump revealed that a decision had been made to mobilize the U.S. military to deliver mass vaccinations across the country. The “massive job,” however, still has no discernable vaccine yet to inject into the American population “at the end of the year.” Trump’s group of medical advisors, including NIAID director, Anthony Fauci, are skeptical that any such vaccine can be developed sooner than 12 to 18 months. “ Duplication only leads to infighting and slowing people down, ” said former U.S. ASPR, Nicole Lurie regarding the creation of Operation Warp Speed. She decried the spirit of marketplace competition, stating that the world “ should be engaged in this competi

Το κίνημα Slow News: η απάντηση στα Fake News?

globinfo freexchange Στον θαυμαστό καινούργιο κόσμο, ο αβάσταχτος όγκος πληροφοριών που καταναλώνουμε καθημερινά έχει γεννήσει ένα δυστοπικό παράδοξο: την ίδια στιγμή, αμφισβητούμε και πιστεύουμε τα πάντα. Το μυαλό μας έχει βυθιστεί σε μια δίνη από tweets, αναρτήσεις, βίντεο, hoaxes και fake news. Τα τελευταία χρόνια, σε διάφορα μέρη του πλανήτη, νησίδες αντίστασης έρχονται στην επιφάνεια. Ολιγομελείς ομάδες ανεξάρτητων δημοσιογράφων αγωνίζονται να οικοδομήσουν ένα εναλλακτικό μοντέλο πληροφόρησης, το οποίο βασίζεται σε μια εξαιρετικά απλή αρχή: πρέπει να κόψουμε ταχύτητα. Ένα μαχητικό ντοκιμαντέρ που έχει βαλθεί να αποδείξει ότι η δημοσιογραφία παραμένει ο βασικός πυλώνας της δημοκρατίας. https://www.filmfestival.gr/el/section-tdf/movie/1047/13001 Το ενδιαφέρον αυτό ντοκιμαντέρ του Alberto Puliafito, ερευνά ένα νέο είδος δημοσιογραφίας που γεννήθηκε από την ανάγκη για δημοσιογραφική αυθεντικότητα μέσα στο σημερινό, χαοτικό μιντιακό τοπίο. Σε ένα σύστημα που χαρακ

The Slow News movement: an answer to Fake News?

globinfo freexchange In this brave new world we’re living in, the unbearable overload of information we are daily fed has given birth to a dystopian paradox: we believe everything and we believe nothing at the same time, as our mind is drowned in a whirlpool of tweets, posts, videos, hoaxes, and fake news. Over the last years, in different parts of the world, islets of resistance have come to surface. Small crews of independent journalists are striving to build an alternative model based on a crystal-clear principle: we need to slow down. A militant documentary that hails journalism as the key pillar of democracy. https://www.filmfestival.gr/en/section-tdf/movie/1047/13001 This interesting, new documentary by Alberto Puliafito, explores a new type of journalism that was born through the need for journalistic authenticity in a chaotic media landscape. In a system characterized by a continuous, ruthless competition in every aspect of life, journalism fatefully

Former Pentagon official: US wants ISIS in Iraq to justify occupation

RT America Former Pentagon official Michael Maloof says ISIS is making a comeback in Iraq because of an array of variables that have created ideal conditions for the terrorist group.

US sanctions on Iran fueled by hate and money

The Real News Network John Bolton brought Richard Goldberg from the neoconservative Foundation for Defense of Democracies to serve as a senior advisor for the National Security Council, ensuring that sanctions against Iran will intensify even as Iran is wracked by COVID-19.

FBI reveals Saudi sponsored attack on US soil, Trump and media ignore

The Hill FBI's recent discovery of a link between al Qaeda and a Saudi military trainee who killed three U.S. sailors in a terror attack last year on a military base in Pensacola, Florida.   

Why the Merkel-Macron 'Eurobond' announcement isn't what it seems

DiEM25 Yanis Varoufakis with a message from DiEM25 on the Merkel-Macron 'Eurobond' announcement.