Billionaire Thugs Plot To Steal California’s Water And Everything They Tell You Is A Lie

We’ve been lied to for years now about the severity of California’s water shortage. The media and state officials have been ringing the alarm,  warning that the state was in the grips of the quite possibly the “worst California drought in modern history,” when in fact the state nearly pulled in its average rainfall in 2009. The fearmongering is about to go into overdrive, as powerful interests start whipping up fears of drought to push through a $11 billion bond measure on the upcoming November elections, setting up the Golden State for a corporate water grab. Read more at exiledonline.com

How To Make The World’s Easiest $1 Billion

With all the banks paying back the TARP money, some folks are assuming that the great Wall Street bailout is finally coming to an end.

Taxpayers are still guaranteeing all big bank bonds (Too Big To Fail) and subsidizing huge bank earnings and bonuses with absurdly low interest rates.

But instead of bellyaching about it, you might as well just smile and cash in.  After all, that’s what Wall Street’s doing.

So here’s how to make the world’s easiest $1 billion: Read more at www.businessinsider.com

Drug money saved banks in global crisis, claims UN advisor

Drugs and crime chief says $352bn in criminal proceeds was effectively laundered by financial institutions

Drugs money worth billions of dollars kept the financial system afloat at the height of the global crisis, the United Nations‘ drugs and crime tsar has told the Observer.

Antonio Maria Costa, head of the UN Office on Drugs and Crime, said he has seen evidence that the proceeds of organised crime were “the only liquid investment capital” available to some banks on the brink of collapse last year. He said that a majority of the $352bn (£216bn) of drugs profits was absorbed into the economic system as a result. Read more at www.guardian.co.uk

Obama’s Big Sellout

The president has packed his economic team with Wall Street insiders intent on turning the bailout into an all-out giveaway

Watch Matt Taibbi discuss “The Big Sellout” in a video on his blog, Taibblog.

Barack Obama ran for president as a man of the people, standing up to Wall Street as the global economy melted down in that fateful fall of 2008. He pushed a tax plan to soak the rich, ripped NAFTA for hurting the middle class and tore into John McCain for supporting a bankruptcy bill that sided with wealthy bankers “at the expense of hardworking Americans.” Obama may not have run to the left of Samuel Gompers or Cesar Chavez, but it’s not like you saw him on the campaign trail flanked by bankers from Citigroup and Goldman Sachs. What inspired supporters who pushed him to his historic win was the sense that a genuine outsider was finally breaking into an exclusive club, that walls were being torn down, that things were, for lack of a better orRead more at www.rollingstone.com

Document Reveals U.N.’s Goal of Becoming Rule-Maker in Global Environmental Talks

Environmentalism should be regarded on the same level with religion “as the only compelling, value-based narrative available to humanity,” according to a paper written two years ago to influence the future strategy of the United Nations Environmental Program (UNEP), the world’s would-be environmental watchdog.

The purpose of the paper, put together after an unpublicized day-long session in Switzerland by some of the world’s top environmental bureaucrats: to argue for a new and unprecedented effort to move environmental concerns to “the center of political and economic decision-making” around the world — and perhaps not coincidentally, expand the influence and reach of UNEP at the tables of world power, as a rule-maker and potential supervisor of the New Environmental Order. Read more at www.foxnews.com