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AmpedStatus Features

Af-Pak War Racket: The Obama Illusion Comes Crashing Down

Af-Pak War Racket: The Obama Illusion Comes Crashing Down

AmpedStatus Report: The economic elite have escalated their attack on the U.S. public by surging military operations in Afghanistan and Pakistan.

The Critical Unraveling of U.S. Society

The Critical Unraveling of U.S. Society: We are in a NATIONAL EMERGENCY

You may have missed it in the mainstream news media, but statistical societal indicators are reading red across the board. The economic elite have launched an attack on the U.S. public and society is unraveling at an increased rate.

TARP Watchdog Scathing Report On AIG Bailout Exposes Tim Geithner

TARP Watchdog Scathing Report On AIG Bailout Exposes Tim Geithner

A new report from the TARP Inspector General further exposes Economic Death Squad leader Tim Geithner's role in overpayments that put billions of extra tax dollars in the coffers of major Wall Street firms, most notably Goldman Sachs.

Economic Death Squad Analysis: Goldman Sachs’ $2.5 Trillion Global Oil Scam

Economic Death Squad Analysis: Goldman Sachs $2.5 Trillion Global Oil Scam

Goldman Sachs games the oil futures market... the entire economy is a scam... no, nothing to see here Congress!

Robert Rubin: Economic Death Squad Member Profile

Robert Rubin: Economic Death Squad Member Profile

With a resume that includes being the former Co-Chairman of Goldman Sachs, former US Treasury Secretary for 8 years during the Clinton Administration and a former Chairman of Citigroup who was Paulson's main contact at the firm, Robert Rubin is a pivotal player in the Economic Death Squad.

Wall Street Economic Death Squad Roundup [Reports & Videos]

Wall Street Economic Death Squad Roundup [Reports & Videos]

The theft of Trillions of taxpayer dollars has to be the lead story every day until there are investigations and prosecutions to resolve it.

Goldman’s Profits Come from Our Pockets: Why We Need a Tobin Tax

Goldman's Profits Come from Our Pockets: Why We Need a Tobin Tax

"The homeless in America have Goldman Sachs to thank for their homelessness and starvation right now. They took the money from their pockets, they put it in their bonuses for this year... That's a financial terrorist crime."

National Emergency: Economic Coup in the USA (Audio)

National Emergency: Economic Coup in the USA (Audio)

AmpedStatus founder and editor David DeGraw was recently interviewed on the Peter B. Collins show. They discuss the economic coup and the devastating consequences for the US public, Obama's failure to deliver on campaign promises, and what we can do to fight for economic justice.

Ratigan Vs. Economic Death Squad Leader Geithner (Videos)

Ratigan Vs. Economic Death Squad Leader Geithner (Videos)

Dylan Ratigan, one of the few mainstream media voices to speak out against the Financial Coup, has his sights set on Treasury Secretary Tim Geithner. We need to heed the call for Geithner's removal. Here’s a roundup of Ratigan's latest clips.

The Next Phase of Healthcare Apartheid

The Next Phase of Healthcare Apartheid

In Washington, "healthcare reform" has degenerated into a sick joke. The House bill will launch this country into a new phase of healthcare apartheid.

The Wall Street Death Squad

News Reports from Inside the Financial Coup

AmpedStatus Healthcare News Wire

AmpedStatus Af-Pak War News Wire

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    Hot List

    The Terror-Industrial Complex | Chris Hedges

    The greatest danger to our security does not come from al-Qaida but the thousands of shadowy mercenaries, kidnappers, killers and torturers our government employs around the globe. The bizarre story surrounding Siddiqui, 37, who received an undergraduate degree from MIT and a doctorate in neuroscience from Brandeis University, often defies belief. Siddiqui, who could spend 50 years in prison on seven charges when she is sentenced in May, was by her own account abducted in 2003 from her hometown of Karachi, Pakistan, with her three children—tw...

    The Expanding US War in Pakistan | Jeremy Scahill

    Three US special forces soldiers were killed in northwest Pakistan this week, confirming that the US military is more deeply engaged on the ground in Pakistan than previously acknowledged by the White House and Pentagon. The soldiers died Wednesday in Lower Dir when their convoy was hit by a car bomber in what appeared to be a targeted strike against the Americans. According to CENTCOM, the US soldiers were in the country on a mission to train the Pakistani Frontier Corps, a federal paramilitary force run by Pakistan's Interior Ministry that p...

    In wake of Supreme Court ruling, Wall Street CEOs form conservative 'action tank'

    A group that includes some of the wealthiest Republican CEOs on Wall Street have formed a group to take advantage of new fundraising possibilities for the GOP. The Supreme Court ruling could potentially allow the group, called the American Action Network, to take unlimited contributions from corporations for use in political campaigns. “This administration as well as Citizens United [the Supreme Court ruling] — when you combine the two the prospects for funding these types of efforts are greatly enhanced,” said Norm Coleman, one of the group...

    False Profits: Recovering From the Bubble Economy

    The delicious double-entendre of Dean Baker's most recent title is enhanced by the book's cover photo of a trio of false prophets, Ben Bernanke, Alan Greenspan and Henry (Hank) Paulson, all of whom are thoroughly excoriated within the book's pages for their responsibility in feeding, prolonging, misdiagnosing and incorrectly responding to the 2007-2009 financial meltdown and the associated economic collapse. However, the book also chronicles the loss of $8 trillion of housing "wealth," $1.4 trillion in annual demand, whatever financi...

    AIG-Gate: The World's Greatest Insurance Heist

    Each day brings more revelations of efforts of the NY Fed and Goldman Sachs to hide the details of the criminal conspiracy of the AIG bailout ... This is a real crisis on the scale of Watergate. Corruption at its finest. But unlike the perpetrators of the Watergate scandal, who wound up facing jail time, Geithner evidently has a golden parachute waiting at Goldman Sachs, not coincidentally the largest recipient of the AIG bailout. At least that is the rumor sparked by an article by Caroline Baum on Bloomberg News, titled "Goldman Parachut...

    Global market turmoil hints that U.S. recovery may founder

    Conflicting U.S. jobs data and mounting concerns about debt defaults abroad that threaten global economic growth triggered a worldwide wave of stock-market volatility Friday amid fears that the improving U.S. economy could unravel. A mixed jobs report from the Labor Department, including a revision that showed that 2009 job losses were far greater than thought, called into question the strength of the U.S. recovery. In Europe, the European Union's inability to chart a path forward for debt-ridden Greece, Ireland and Spain also led investors ...

    The Bankruptcy of the United States

    It's one of those numbers that's so unbelievable you have to actually think about it for a while... Within the next 12 months, the U.S. Treasury will have to refinance $2 trillion in short-term debt. And that's not counting any additional deficit spending, which is estimated to be around $1.5 trillion. Put the two numbers together. Then ask yourself, how in the world can the Treasury borrow $3.5 trillion in only one year? That's an amount equal to nearly 30% of our entire GDP. And we're the world's biggest economy. Where will the money come fr...

    Boxer, Webb target Wall Street bonuses

    Sens. Barbara Boxer and Jim Webb unveiled a bill to tax extravagant bonuses paid out by financial firms that have benefited from taxpayer assistance. The Taxpayer Fairness Act would apply only to Wall Street firms and banks that received at least $5 billion from the 2008 Troubled Asset Relief Program (TARP). Specifically, it would impose a 50 percent excise tax on any 2009 bonuses paid to employees at those firms that received a salary greater than $400,000. The tax would apply to the portion of the bonus that exceeds that figure — which Boxe...

    Haiti - Still Starving 23 Days Later

    You can walk down many of the streets of Port au Prince and see absolutely no evidence that the world community has helped Haiti. Twenty-three days after the earthquake jolted Haiti and killed over 200,000 people, as many as a million people have still not received any international food assistance. On February 4, the UN World Food Program reported they had given at least some food, mostly 55 pound bags of rice, to over a million people. The UN acknowledges that it still needs to reach another one million people. The 55 pounds of rice are expe...

    Call a Convention: Fight for a Constitutional Amendment on Campaign Financing

    Our Congress is broken. Even at a moment of extraordinary crisis, Members spend an endless amount of time simply raising campaign cash. We need Congress to focus; to address the problems that burden America; to do its job. The first step to fixing Congress would be to enact Citizen Funded Elections. Every supporter of reform should be working as hard as possible to get the Fair Elections Now Act passed. But we can’t rely upon Congress alone. We must begin taking the steps necessary to secure to Congress the power to protect its own independenc...

    Who's Killing Financial Reform? | Robert Reich

    Wall Street firms and their executives have been uniquely generous to both political parties, emerging recently as one of the largest benefactors of the Democratic Party. Between November 2008 and November 2009, Wall Street firms and executives handed out $42 million to lawmakers, mostly to members of the House and Senate banking committees and House and Senate leaders. During the 2008 elections, Wall Street showered Democratic candidates with well over $88 million and Republicans with over $67 million, putting the Street right up there with t...

    Bankers defiant at Davos World Economic Forum

    Two years on from the biggest financial crisis to strike world capitalism since the 1930s, leading international bankers made clear at last week’s World Economic Forum that they will resist any attempts to rein in the speculative practices that have led to governments running up unprecedented levels of debt and the loss of tens of millions of jobs. The warning signs of a “double-dip” recession, trade war and the bankruptcy of entire countries formed the backdrop to the annual Davos proceedings, where the world’s leading bankers and CEOs have ...

    Poof: Another 800,000 jobs disappear

    As bad as the government's jobs readings numbers have been during the Great Recession, we'll soon find out the real situation likely was worse. Much worse. Job losses during the recession may have been underestimated by close to a million jobs. So instead of employers cutting just over 7 million jobs from their payrolls since the economic downturn began in December 2007, it's expected that the Labor Department's new estimate will be a loss of 8 million jobs. "It's an enormous understatement of the severity of the crisis," said Heidi ...

    Cuomo charges BofA, ex-CEO Lewis with securities fraud

    New York Attorney General Andrew Cuomo today announced that his office is filing civil charges against former Bank of America Corp. chief executive Ken Lewis, former chief financial officer Joe Price and the Charlotte bank. The charges are the latest legal fallout from a long-running investigation of the bank's Jan. 1 acquisition of Merrill Lynch & Co. In a news conference this morning, Cuomo said his office is charging the bank with securities fraud because it "understated" Merrill fourth-quarter 2008 losses to investors in or...

    Dems To Wall Street: GOP's Not The Party For You

    Democrats reacted possessively on Thursday to Republican Minority Leader John Boehner's effort to persuade JPMorgan Chase CEO Jamie Dimon that the financial industry should be giving Republicans money rather than Democrats. Boehner's overture to Dimon, in which he made the case that Republicans better represent the industry's interests, was reported by the Wall Street Journal this morning in a story about how GOP fund-raisers are trying to capitalize on bankers' regrets over backing President Obama. Dimon "has to decide for himself who d...

    Obama Administration Knew Foreclosure Program Wasn't Working Right, Did Nothing

    Even as the Obama administration's signature foreclosure-prevention program has foundered, Treasury Department officials have known that a key driver in keeping people in their homes in the long run is reducing mortgage principal, senior Treasury advisor Seth Wheeler told the Huffington Post. Wheeler is one of the architects of the administration's housing plan. But rather than pressure the mortgage companies to start reducing the amount mortgage-holders owe, the administration simply sat back and hoped servicers would do it on their own. &q...

    Did Obama’s economists do their homework on the Volcker rule?

    What is disturbing is how poorly the Volcker rule has been thought through. When first announced, it sounded like a worthy and needed step in the right direction, and a suggestion the Obama team was waking up to reality. But I also expected more sophisticated details to come. So far, there are none. The main proposal is to separate “proprietary” trading from lower-risk normal bank activities. I naturally assumed the Obama team was going to expand the definition of proprietary trading beyond its narrow meaning on Wall Street. So far it looks l...

    The Financial Crisis Is Not Over. The Economic Recovery is "Not Real"

    Readers ask if the financial crisis is over, if the recovery is for real and, if not, what are Americans' prospects. The short answer is that the financial crisis is not over, the recovery is not real, and the U.S. faces a far worse crisis. The crisis will not be over until financial regulation is restored, but Wall Street has been able to block re-regulation. Moreover, the response to the crisis has planted seeds for new crises. Government budget deficits have exploded. In the U.S. the fiscal year 2009 federal budget deficit was $1.4 trillion...

    Government Unemployment Statistics: Lies and Damned Lies

    The Department of Labor’s Bureau of Labor Statistics is reporting that because of a “modeling error,” it misstated the number of jobs lost between March 2008 and March 2009 by 17 percent. In hard numbers, that is to say, the BLS was reporting that a record 4.8 million jobs were lost during those 12 months of economic collapse, when in fact the job loss total was actually 5.6 million. They missed 824,000 lost jobs! Just to give you an idea of how many people that is, we’re talking about 10 percent of the population of the city of New York, and...

    Republicans Chase Wall Street Donors

    Republicans are stepping up their campaign to win donations from Wall Street, trying to capitalize on an increasing sense of regret among executives at big financial institutions for backing Democrats in 2008. In discussions with Wall Street executives, Republicans are striving to make the case that they are banks' best hope of preventing President Barack Obama and congressional Democrats from cracking down on Wall Street. GOP strategists hope to benefit from the reaction to the White House's populist rhetoric and proposals, which range from...

















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      Watch Beauty And The Beast - Belle’s Magical World Online Right Now!

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      Get And the Children Shall Lead Online Right Now!

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      Howard Zinn, who died last Wednesday at the age of 87, was a model citizen, a model rebel, a model intellectual, and an all around model human being. He embodied the universal soldier in WWII, but when he returned home he began to question his own [...]

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