The news you're not supposed to know...

Austrian Economics: Understand Economics, Understand the World
The Century of the Self: The Untold History of Controlling the Masses Through the Manipulation of Unconscious Desires
The Disappearing Male: From Virility to Sterility

The Obama Deception: The Mask Comes Off
Operation Gladio: The Hidden History of U.S. Sponsored False Flag Terrorism in EuropeThe New American Century: The Untold History of The Project for the New American Century
Article posted Nov 10 2006, 2:19 AM Category: Commentary Source: Mike Whitney Print

Bush's Chernobyl Economy; hard times are on the way

By Mike Whitney

In the next few months, a financial crisis will arise somewhere in the world which will jolt the American economy and trigger a swift and precipitous decline in the value of the dollar.

This is not speculation; it will happen and there is nothing that the Bush administration can do to stop it.

All of the traditional supports for the dollar have been removed by the shrinking economy, a massive $800 billion account deficit, dramatic increases in the money supply, and the reckless manipulation of interest rates.

Now, the noose is tightening. Our foreign trade partners can see that we are drowning in red ink and are refusing to buy back our debt in the form of US Treasuries. This is a death sentence for the dollar. It means that in a matter of months the once-mighty greenback will crash through the floor and free-fall through open space.

Mike Swanson of the WallStreetWindow explains the worrisome details related to last month’s trade deficit:

“Just a few days ago the US Treasury reported that the net capital inflows from the rest of the world into the US fell for a 6th month in a row. Private (purchases) from abroad fell to $34.7 billion in August and from $72.9 billion in July. Asian central banks made up for the shortfall. If they hadn’t the current account deficit would have exploded. The NY Times quoted Ashraf Laidi, a currency analyst at MG Financial Group as saying, “foreign central banks saved the dollar from disaster. The stability of the bond market is at the mercy of Asian purchases of US Treasuries.”

Swanson poses an interesting theory, but it can’t be verified since we the Fed stopped printing the M-3 (which would provide the relevant facts about the current cash inflows) and since China and Japan have slowed their purchases of UST Bonds.

Jim Willie of, offers an entirely different theory in his recent article “Spent Dollar Momentum”. Willie opines:

“Behind the scenes are the many illicit London-based firms busily buying US Treasury Bonds with freshly-printed money from the Dept of the Treasury. Their tracks are covered by the blackout on the money supply statistic. (M-3) An isolated US government with a well-oiled printing press as the primary support device makes for a dangerous currency situation.”

Willie’s “conspiracy theory” jives nicely with the US Treasury’s figures on the “Foreign Financing of US Government Debt” (June 2006) Surprisingly, between 2005 and 2006 our friends in the United Kingdom purchased an additional $142 billion of USD bringing their stockpile of dollars to $201.4?!?


Why would UK investors suddenly stock up on dollars when everyone else in the currency market is bemoaning the greenback’s systemic problems?

Could it be that banks in the UK are just hiding the paper trail for friends in America who want to forestall a collapse in the dollar until after the election?

Of course, there could be another explanation for the irregular activity in cash inflows, (purchase of US Treasuries) that is, that we’re still living in a "faith-based" Wonderland where our overseas trading partners are more than willing to buy an endless supply of worthless paper from a well-meaning Goliath who is busy spreading democracy to the "great unwashed" in developing world.

This is an utter fiction. The world is backing away from the dollar and whether one accepts the conspiracy theories or not, it’s clear that the Federal Reserve is trying to cover its tracks and conceal its shadowy maneuverings.

There is nothing accidental about the crisis we'll soon be facing. Officials at the Federal Reserve and the US Treasury are fully aware of the devastating effects of massive trade deficits, increasing the money supply, and self-serving interest rates manipulations. They have set the country on the path to ruin as part of a broader scheme for remaking the global-system according to well-known precedents. In truth, the plan to modify the present system has a long history; going back to the 1980s when many of the same actors in government today were in positions of power in the Reagan administration. For the last 6 years they have been patching together their strategy; producing record deficits, unfunded tax cuts, mammoth government expansion, and doubling the money supply.

How can anyone argue that they did not understand the implications of their actions?

Did Greenspan know that by lowering interest rates in 2001 to 1.5% that he would sluice trillions of dollars into the real estate market producing the largest equity bubble in history? And, if he didn't know, then how is it that the Fed provides the statistics which state precisely how large the housing bubble really is?

Didn’t Greenspan read the charts and graphs put out by his own organization?

And why did Greenspan support the shaky “no down payment”, “interest-only” loans and ARMs which allowed “high-risk” people to qualify for mortgages when the Fed knew, according to their own figures, that when interest rates went up, foreclosures would skyrocket?

Of course he knew; they all knew. How could they NOT know? They produce the facts and figures themselves! It’s all part of a madcap scheme to shift wealth to the top 1% and drive a wooden stake into the heart of the middle class. When Greenspan saw that doomsday was approaching, he got “cold feet” and bailed out. Now the scholarly Bernancke is left to supervise the economic meltdown and face the public scorn.

Trouble Ahead

Currently, the U.S. economy is held together by the slimmest of threads; literally duct-taped together by massaging all of the crucial economic numbers, pumping as much cheap fiat-currency into the system, and by "increasingly-suspicious" maneuverings in the futures markets. After the elections, they’ll be no reason to conceal the rot at the heart of the system. After all, we are not facing an unforeseen catastrophe, but a planned demolition intended to increase the disparity between rich and poor to such an extent, that democracy, as we know it, will no longer be possible.

Nothing is more repugnant to America’s ruling elite than the notion that every man, however broke and insignificant, can participate in our system of government.

The Federal Reserve's bloody fingerprints are all over our present dilemma. The privately-owned Fed has never operated in the public interest. By doubling the money supply in the last 7 years and keeping interest rates artificially low, the Fed has generated a $10 trillion housing bubble while, at the same time, ignoring a $800 billion trade deficit which is sucking up American assets and crushing American industry at an unprecedented rate.

This massive expansion of debt has increased the likelihood that an unexpected event, like a bank failure or a teetering hedge fund, will cause a major disruption in the markets sending tremors through the global system. Even if nothing explosive happens, the faltering real estate market will continue to swoon, consumer spending will dry up, and the fragile economy will crash to earth. In fact, this is taking place right now; retail sales are anemic, residential housing dropped a whopping 17% in the last 3 months, and economic growth shrunk to a measly 1.6% in the third quarter. The only thing keeping the economy from collapsing entirely is the sudden drop in oil prices which “conveniently” coincided with the midterm balloting.

This won’t last. According to industry analyst Matthew Simmons the world production of oil may have already peaked setting the stage for a leveling-off period before the inevitable decline. Simmons has data to show that “world supply of oil has declined to 83.98 million barrels per day in the second quarter after hitting 84.35 million bpd in the forth quarter of 2005.” Oil production is going backwards not forwards.

No one believes the price of oil is going down any time soon. As energy prices rise and the housing market falls; consumer spending, which added $825 billion from home equity into last year’s economy, will continue shrivel. Thus, the Fed will have to make the tough-choice of whether to loosen the purse strings and lower interest rates to keep the economy sputtering along or ratchet up rates to attract more foreign investment. (Keep in mind that the real estate market is already in retreat, even though, the full force of the Fed’s interest rate increases won’t be felt for up to 6 to 12 months after they have been raised. The worst is yet to come)

Most economists believe that Fed Chairman Bernancke will be forced to lower rates sometime in 2007 to try to stimulate the economy and to affect a “soft landing” in the housing market, but don’t count on it.

I believe the Fed is more likely to either keep rates the same or raise them to outpace the anticipated increases in Europe and Asia. The reason for this is simple; it presently takes nearly $2.5 billion per day to cover our current account deficit. To continue to attract foreign capital, US Treasuries must offer a higher rate of return than their foreign competitors. Now that the economies in Europe and Asia are growing; naturally their interest rates are going up accordingly.(to slow inflation) That means that the only way that America can continue to expand its debt, through the exchange of fiat currency for resources and manufactured goods, is by raising the return on Treasuries. And, that is probably what Bernanke will do, even though it will skewer the struggling American worker and further damage the US economy.

The secret of running the global economic system is to control the issuance of currency and, thereby, be in a position to expand one’s own debt as one sees fit. The Federal Reserve must preserve its “dollar hegemony” if it wants to maintain the greenback as the world’s reserve currency. To achieve that, the dollar must stay one step ahead of its competitors (higher rates) and prove that it is on solid financial footing. This is impossible now that the US economy is contracting, so Washington has decided to do the next best thing; corner the oil market. By controlling Middle East oil US policy-makers believe that they can force foreign nations to accept the debt-plagued greenback regardless of the faltering US economy. It is no different than any other extortion racket.

If the plan succeeds the dollar will remain the de-facto international currency. But it is difficult task and the escalating violence in Iraq suggests that the results are far from certain.

Corporate Colonization

“Free Trade” is the Holy Grail of neoliberalism. It is essentially a public relations scam intended to disguise the shifting of wealth, jobs and resources from either the middle class or the public sector to the corporate and banking establishments’. Despite the zealous cheerleading of Thomas Friedman and his ilk; the basic facts have been thoroughly examined and are not in dispute. Free trade has been a dead loss for everyone except the people for whom it was originally designed; the wealthiest and most powerful men on the planet. It has served them quite well.

For example, “since NAFTA went into effect in 1994, the US has lost over $4 trillion to foreigners through its trade deficit”…”During that 11.5 year period , foreign ownership of US assets skyrocketed an amazing 400% from $3 trillion to over $12 trillion”… “Foreign interests now own 46% of US Treasury debt, 26% of corporate bonds, and 13% of US corporate equities. Now nearly 100% of on-going borrowings by the government are funded by foreign interests.”…”Foreign interests also control a majority of US domestic industries such as movies, music, publishing, metal ore mining, cement production, engine and power plant production, rubber and plastics and are major owners of US industries such as pharmaceuticals, chemical manufacturing, industrial machinery manufacturing, motor vehicles, and electronic equipment and components…In addition, the US has lost 3 million manufacturing jobs over the last decade, real wage growth after inflation has been essentially zero,” and personal debt has never been higher. (Data from Thomas Heffner

Since 1980, 13,730 major companies have been sold to foreign corporations. We no longer produce what we need to sustain ourselves.

These facts may have a mind-numbing affect on the reader, but they make a point which is simple and unavoidable. The country is being colonized by corporate predators and its main assets are being sold off to the highest bidder. This rampant carpet-bagging is taking place in full view of the American public which still clings to the spurious idea that “free trade” is generally beneficial for all. It is not, and we are about to experience its full-effects as America’s “straw-house” economy topples from its loss of manufacturing-capacity and its staggering account imbalances.

“Foreign investors now own 46% of US Treasury debt” over $3 trillion dollars! The Federal Reserve and their corporate she-wolves are planning to prolong the hemorrhaging of US wealth as long as possible extracting every last farthing from the prostrate corpse of the waning republic.

Now, we are at the brink. Energy prices will go higher after the elections, manufacturing will continue to flag, and the housing Zeppelin is drifting towards the high-tension wires. To make matters worse, the American consumer; the “engine for global economic growth”, is drowning in a sea of personal debt.

There’s no place to go but down.

Every part of this bleak picture was anticipated by its architects. That’s why they hastily slapped together the requisite legislation for a modern-day police state. After passing the Military Commissions Act of 2006 (which allows the president the arrest whomever he chooses without charges) and overturning the Posse Comitatus Act (the president is now free to deploy the military within America against US citizens) the Bush administration is as ready as they can be. Apparently, they feel like they can manage the public’s shock and outrage with detention camps and water cannons.

We’ll see.

In any event, the trap has been set and any minor disruption in the hedge funds or derivatives markets will put the economy into a violent tailspin forcing our "Unitary” president to activate his plans for the new world order.

Battle Stations; Battle Stations

Last week an article by Ambrose Evans-Pritchard appeared in the UK Telegraph, where he stated:

“(Treasury Secretary) Paulson re-activated the secretive support team to prevent markets meltdown. Judging by their body language, the US authorities believe that the roaring bull-market is just a sucker’s rally before the inevitable storm hits….the plunge protection team is a shadowy body with powers to support stock-index, currency, and credit futures in a crash. Otherwise known as the working group on financial markets, it was created by Ronald Reagan to prevent a repeat of the Wall Street meltdown in October 1987”….Paulson has set up “a command center at the US Treasury that will track global markets and serve as an operations base in the next crisis.” (Members include the heads at Treasury, Federal Reserve and Securities and Exchange Commission)

Evans-Pritchard adds: “Mr. Paulson has asked the team to examine ‘systemic risk posed by hedge funds and derivatives, and the government’s ability to respond to a financial crisis…We need to be vigilant and make sure we are thinking through all of the various risks and that we are being very careful here. Do we have enough liquidity in the system?’”

And, finally, Evans-Pritchard queries: (Do) Mr. Paulson and Mr. Cox (SEC) know something that we do not: whether other hedge funds are in the same sinking boat as Amaranth Advisors and Vega Management, keel-hauled by bets on natural gas and bonds? Or whether currency traders with record short positions on the Japanese Yen and Swiss Franc are about to learn the perils of the Carry Trade, a high-stakes game of chicken where you bet against fundamentals with high leverage to make a quick profit. Everybody knows it will blow up if the dollar goes into free fall”.

So what is Paulson anticipating?

Gabriel Kolko offers us a clue in a counterpunch article “Why a Global Economic Deluge Looms”:

“The entire global financial structure is becoming uncontrollable in crucial ways its nominal leaders never expected. Instability is its hallmark…Contradictions now wrack the world’s financial system, and if we are to believe the institutions and personalities who have been in the forefront of the defense of capitalism, it may well be on the verge of serious crisis.”

Deregulation and reduced market transparency have created a plethora of financial instruments which are relatively untested and extraordinarily volatile. By eliminating the “rules of the game” market-savvy investors have raked in the profits but reshaped the economic landscape in a way that no one can predict what the ultimate outcome will be. Hedge funds are now loaded with over-leveraged debt-instruments that promise a generous return in an up-tempo market, but certain doom in an economic downturn. Now, that all the arrows are pointed towards recession the devastating effects of this new “liberalized” system will be felt throughout the global economy.

No one knows what is in store for these high-risk hedge funds which have only been in existence for a short time and which Americans have dumped trillions of their hard-earned savings. As Kolko says, “The credit derivative market was almost non-existent in 2001, grew fairly slowly until 2004, and went into the stratosphere, reaching $17.3 trillion by the end of 2005.”

Is it any wonder why the main players at the Fed, the Treasury and the SEC are feeling a bit jittery?

Any shock to the markets could set off a system-wide cataclysm. Just this week, for example, Taiwan was bracing for a stock market crash following the surprise indictment of first-lady Wu Shu-chen. Even relatively small incidents like this on the other side of the world create the potential for contagion that can spread rapidly in this new world of globalized markets. The danger is even greater when those markets are built on a foundation of sand.

Hank Paulson was doubtless selected as Treasury Secretary as the best possible “industry-insider” to oversee the unwinding of America’s humongous account imbalances and flimsy “deregulated” markets. His job is to ensure that, at the end of the day, US banking giants, the Federal Reserve, and western elites still control the global economic system and that the dollar reigns supreme. Whatever happens to the American middle class in the process is of no consequence.

But Paulson faces a daunting task from this point on; fudging the numbers only works won’t work forever. So far, the greenback has benefited from the manipulation of oil prices, but that will soon end. (Better “fill ‘er up” now) The US economy is a shriveled shadow of its former self; housing and manufacturing are in a shambles and growth depends entirely on the expansion of debt. As GDP begins to nosedive, foreign investment will dry up, capital will flee to more promising markets in Asia and Europe, and the American people will totter into a barren world of soaring unemployment, hyper-inflation, and 1930s-type deprivation.

The country is now facing a Chernobyl-type meltdown and the prospects for changing direction appear to be minimal. The foundation blocks for sound economic growth and prosperity have been replaced by a misguided faith in military adventurism and police state repression. The results are plain to see.

We are now more vulnerable to a seismic economic event than anytime since the Great Depression. The corporatists and the money-lenders have absconded with the nation’s wealth; gutting the manufacturing sector, creating enormous equity bubbles, and raffling off our vital industries to foreign investors. At the same time, the Bush administration has sown dragons-teeth around the world leaving the US with precious few friends to throw us a lifeline when ship starts taking on water.

Hard times are on the way; only this time it’ll be detention centers instead of soup kitchens.

Related Videos:
> The Capitalist Conspiracy: An Inside View Of International Banking
> The Money Masters: How International Bankers Gained Control of America

Latest Commentary
- With Mass Shootings, The State Makes Us Less Safe
- Good News: 27% Of Americans Say Government Is Their 'Enemy,' Not Their 'Friend'
- Fear Is The Name of The Game
- This Thanksgiving, Let's Say 'No Thanks' to The Tyranny of The American Police State
- Donald Trump's Presidential "Heel Turn"
- Katniss Vs. Power: The Lessons of Hunger Games
- Tracking ISIS to DC's Doorsteps
- The Paris Attacks Were An Intelligence Community Failure, Not An 'Encryption' Problem

Comments 1 - 19 of 19 Add Comment Page 1 of 1

Posted: Nov 11 2006, 10:31 PM

7095 I was rather disapointed about the way that this article warned people about the coming disaster. The worst part is that the warnings about an economic collapse are true, but it isn't because of free trade, or because of capitalisim, or because of the rich, or because of derivatives trading. The extremes in those markets are just symptoms of a central banking system that is the most anti free market financial institution to ever birth upon the history of human kind. Between 70 years of central bankers, and politicians who promised things at other peoples expense we are now going to experience the collapse of the century. When that happens, please don't blame that on a failure of the free markets. It is precicely because free markets were screwed with that this has happened.

Posted: Nov 11 2006, 10:36 PM

74138 I am incredibly scared of aliens. Their big green eyes are watching me!! Why did Bush do this to us???

Posted: Nov 11 2006, 11:02 PM

24198 "Trust no one"

Posted: Nov 12 2006, 12:10 AM

6881 watch the "money masters" part 1 and 2 on google video,

there is a solution to this problem , the government just needs to act

Posted: Nov 12 2006, 1:19 AM

The real Greenback wouldn't have crashed because it was backed by gold but this fiat money system is artificial and like a bubble it is delicate and will burst. I agree free markets have nothing to do with this until they messed with things as one disapointed commenter put it and it's the same for everything the government gets involved in and the first order of business is to ruin business and create a false need so the government can come in with the fix and then fuck everything up, that's what they do best. The money changers are getting filthy rich from all this and next up is the Amero only to suffer the same fate as the dollar which is a controlled inflation and collapse until it can get back up no more. Prop em up, knock em down, prop em up, knock em down thats how they shake the money tree to harvest the interest on our debt for borrowing their worthless monopoly money. last count the dollar is worth a penny down from 4 cents just 3 months ago.
Jim Barron

Posted: Nov 12 2006, 5:01 AM

6767 Mike,

Come on man.... While several facts contained in your artical are ture, the likelyhood of one event or even three events at the same time, domestically or globally, cannot and will not spirial out of control to the level in which you perscribe.

At any rate, it makes for a good story, try selling it to Hollywood.


Posted: Nov 12 2006, 6:00 AM

2420 All that debt held by foreigners is our own money. We gave it to them in exchange for stuff and they didn't spend it on US made stuff--they loaned it back to us. Most of it is held by Japan and China, to whom I'd say "use it or lose it".

We can't default on our government debt because we can always print more dollars. We're going to see inflation, like in the 1970's, not a depression. Inflation gets you out of debt by shrinking the dollars you owe, but it also destroys your savings. Ditch the bucks and bonds, and buy tangible assets instead. Gold, land, oil, etc. Japan and China will lose, but they have their elites too which benefit from the status quo at the expense of their people.

Posted: Nov 12 2006, 5:07 PM

682 Correction, the ecomony should by all rights collapse the way Whitney describes, but it will be kept artifically afloat by the Asian banks and others. They need the U.S. as much as the U.S. needs them, so even though the U.S. doesn't have much viable industry, and the industry that does exist makes low-quality overpriced goods (at least in comparison to Asia) the U.S still has mega defense contractors that make all the pretty war toys, and the U.S is still more than ready, willing and able to USE these toys if it gets in a bind. Then all hell breaks loose, lots of countries are unable to buy the war toys, the U.S. is disrupting business and they become the only ones making money, except maybe for whichever country they are currently allied with. The U.S. is like a spoiled (but powerful) brat. The rest of the world will take care of what the U.S. needs so it won't throw a tantrum and break things. What will and IS happening is the U.S ecomomy will suffer failing health, and this will and IS being felt by the underclasses long before the upper crust has a taste of it. The U.S. economy is bound for eventual collapse, but it will be slow and painful.
Tom Dicknhary

Posted: Nov 12 2006, 9:00 PM

7271 You are a pretty good writer. Too bad your theories are so absurd and lacking in reality.


Posted: Nov 12 2006, 10:57 PM

649 Good writer?

Yeah, Hitler was a good speaker, but we can all agree what came out of his mouth was horrible, biased nonsense.


Posted: Nov 12 2006, 11:02 PM

72178 Can you explain how the quote below is from 2004 and you are publishing it as something that was said last week?:

The NY Times quoted Ashraf Laidi, a currency analyst at MG Financial Group as saying, “foreign central banks saved the dollar from disaster. The stability of the bond market is at the mercy of Asian purchases of US Treasuries.”

Posted: Nov 13 2006, 3:04 AM

682 Ok, Tom Dicknhary, you explain how it's going to come down since I'm all wet; by the way, I'm an American, I live it every day... Please, explain to me how the fed is going to keep it's bogus charade going without being propped up by foreign banks? (This oughta be good, since the U.S. economy is propped up ALREADY)

Posted: Nov 15 2006, 12:30 PM

68200 I see the naysayers only offer insults and no substance... typical and boring.

The Fed is the biggest scam ever conceived. Many sources recognize the end game is near. Collapsing America is part of the globalist agenda, because you can't have a New World Order with a Constitution and Bill of Rights - hence its recent dismantling.

The timing certainly 'jives'. But with any prediction, only time tells.

• Nafta and the North America Union agreements are waiting for their "New Pearl Harbor" to save us from depression.
• Iran is being targeted by Israel and the US for more pre-emptive wars
• The PNAC Draft would also help a ruined middle class.

So timing is the missing puzzle piece...
• Walmart would do well in a slow Christmas season...
• maybe wait till the expensive/profitable winter season is closing...
• Iran will have nuclear capacity in March...

Something like March sounds about right. Only time will tell.

Posted: Nov 15 2006, 3:06 PM

209202 The real question isn't if the US economy is going to crash it is when and how hard. The US does seem to have an uncanny way of getting out of binds like this. I feel it is due a huge crash myself. There is just too many negatives going agains it right now. Look at the stock market indexes. There all hitting new record highs? Why? The housing is dying, the consumer is tapped out, the trade deficit is massive? Consumers are mortgaged to the MAX! It make no sense? The only thing powering the markets are the Fed is printing money like there is no tomorrow and the primary lenders are given this cash and they in turn are driving the markets up. The more money printed the higher inflation will go. So you have the Fed saying its raising rates to combat inflation then they go into the back room and print another load of money? The Fed IS the one causing the inflation! Crazy or what? It can't go on forever but it could go on for a long time like this? Buy silver and gold and then when houses cost about 1/10th of what they do now you'll have money to buy a bunch of them and then at least maybe your kids will have some money when they get older! It is not too far fetched to think it will be as bad as the 30's. I think you will see more people lose their houses than any time in the last 50 years.

Posted: Jun 12 2007, 1:46 AM

682 buy low...

Posted: Dec 02 2010, 5:38 PM

204144 the original auther & Inventer that put out chernobyl missing in your report. paternising the public will not help bush.

Posted: Apr 03 2012, 3:28 PM

204144 Vaughn S K nebeker Never Gave permisen for Gorge Bush to enter tin to the privet fund's account for putting out chernobyl.
The $800.0 billion is Gorge Bush lossing his bet do to chernobyl went out. The bond belong to Vaughn Nebeker not not Gorge Bush
. Any funds found in gouge Bush a possion is a violasio of the public trust. for bush did not do the work nor pervid service's.

Posted: Nov 26 2012, 5:43 PM

204144 Bush : never paid for theputting out of chernobyl. he's not got the politecal colatreal. for that contact vaughn s k nebeker.
do to the bush fraud. vaughn nebeker pulled a lot of technology's a chernobyl. aspealy anti-cancer drugs[ anti-carsnomia's].

Posted: Nov 26 2012, 5:47 PM

204144 the astralien brown deat adder venioum will reconise a caranomia cancer 100% per cent. when bush pulled fraud the anti-caner drug went to the shedder & burn barrel. no cash no technology.
Comments 1 - 19 of 19 Page 1 of 1

Add Comment


Verification *
Please Enter the Verification Code Seen Below

Please see our About Page, our Disclaimer, and our Comments Policy.

This site contains copyrighted material the use of which in some cases has not been specifically authorized by the copyright owner. Such material is made available for the purposes of news reporting, education, research, comment, and criticism, which constitutes a 'fair use' of such copyrighted material in accordance with Title 17 U.S.C. Section 107. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner. It is our policy to respond to notices of alleged infringement that comply with the DMCA and other applicable intellectual property laws. It is our policy to remove material from public view that we believe in good faith to be copyrighted material that has been illegally copied and distributed by any of our members or users.

About Us - Disclaimer - Privacy Policy

Advanced Search


Remember Me
Forgot Password?

Good News: 27% Of Americans Say Government Is Their 'Enemy,' Not Their 'Friend' - 11/24Prosecutors Pissed Colo. Juries Keep Acquitting Marijuana DUI Suspects - 11/23Family Gets $4.9m After Cops Beat Mentally Ill Son to Death On Video and Walked Free - 11/24Undercover Cop Dressed In All Black Shot While Placing GPS Tracker On Car - 11/20NJ Cop Says He Was Suspended After Blowing Whistle On Dept. Misconduct - 11/24WeAreChange Blocked in France Because of New Censorship Law - 11/24VIDEO: Hillary Fans Voice Support For Her 'Plan to Repeal 4th Amendment' - 11/24AZ State Supreme Court Rules Cannabis In The Blood Does Not Constitute Impairment - 11/24

Man Follows Speeding Cop, Finds Out He Was Speeding To Buy PeanutsMission Creeps: Homeland Security Agents Confiscate Women's Panties For 'Copyright Infringement'Cop Shoots Couple's Dog, Threatens Jail For Trying To Save Dog's LifeSWAT Team Shoots Teen Girl & Her Dog During Pot Raid On Wrong HomeDurham, NC Cop Testifies Faking 911 Calls To Enter Homes Is "Official Policy"Indiana Sheriff Says US A "War Zone" To Justify New MRAP Military VehicleTampa Cops Surveil Pot Dealer, Catch Him Selling Pot, Raid His Home & Kill Him"You Just Shot An Unarmed Man!": Witness Says Police Shot His Friend With His Hands Up