The Wake Up Project

Written by John Daly Monday, 18 July 2011 13:32 The last three years of global recession have dealt a major blow to American capitalist ideas trumpeted throughout the world on the value of “free markets.” Wall St has been revealed as a form of casino economy, with the bankster insiders gambling with other people’s, and eventually, the government’s money in the form of bailouts. As the Republicans in Congress, scenting victory in the 2012 presidential elections, hold a gun to the Obama administration’s head and rating agencies consider downgrading U.S. government bonds in light of Washington’s possible defaulting, many ideas around the world that previously seemed implausible because of the dominance of the U.S. economy are garnering renewed interest. Not surprisingly, many of these concepts originate in countries not enamored with Washington’s influence, perhaps none so more than “Axis of Evil” charter member Iran, which has seen its economy hammered by more than three decades of U....

US stunt to salvage tenuous regional dominion faces Pakistani-Chinese ire. by Tony Cartalucci Bangkok, Thailand May 5, 2011 - The immediate reaction by most across the world upon hearing of "Bin Laden's" death was that America now had the excuse it needed, real or not, to gracefully depart from its disastrous "War on Terror." However, the architects behind America's foreign military adventures over the past several decades have already begun clamoring about the need to not only expand their global war, but to implicate Pakistan as being complicit in harboring the mythological "Bin Laden." An Offer Pakistan "Can't Refuse" Brookings Institution, and in particular, the policy wonks that penned the treasonous, extralegal, extraterritorial "Which Path to Persia?" report, are busy handing Pakistan "an offer it can't refuse" on the heels of this obvious hoax. One such wonk, Michael E. O'Hanlon of Brookings recent...

In an unprecedented move, apparently one that has never happened before, nearly all U.S. Ambassadors to all nations have been called back to Washington for a summit conference. This event, mostly unreported, concluded on 4-Feb-2011. politico.com reports, “Ambassadors from almost all 260 U.S. embassies, consulates and other posts in more than 180 countries are expected to convene at the State Department for what’s being billed as the first meeting of its kind.” huffingtonpost.com , “Secretary of State Hillary Rodham Clinton is convening an unprecedented mass meeting of U.S. ambassadors.” The first logical thought that comes to mind… Looking back at all previous world crisis, what might now be so important, evidently more-so than anything ever in the past, to call all Ambassadors back to Washington? And why has the press not reported on such an unusual event involving every U.S. diplomatic ambassador in the world? The sky’s the limit with ideas and conspiracy… To g...

by Chuck Baldwin September 22, 2009 Let's face it: most Americans live in a world of false security. This is somewhat understandable, given the fact that the majority of the U.S. population was born after 1945. Few remember the dangers and hardships of World War II; fewer still remember the Great Depression. Few Americans know what it's like to not have some sort of "supercenter" nearby with shelves stocked with every kind of food imaginable, twenty-four hours a day. Few know what life was like before there were restaurants of all sizes and types on virtually every street corner in America. And only a handful remembers when most roads were unpaved, or when sports were truly a pastime and not a megabuck obsession. Modern living within the world's only "superpower" has created a giant unsuspecting, soft, lackadaisical, and lethargic society. We expect the government to keep our streets safe, our roads paved, our stores stocked, our jobs secure, and our ene...

Credit is not flowing. In fact, credit is contracting. That means things aren't getting better; they're getting worse. When credit contracts in a consumer-driven economy, bad things happen. Business investment drops, unemployment soars, earnings plunge, and GDP shrinks. The Fed has spent more than a trillion dollars trying to get consumers to start borrowing again, but without success. The country's credit engines are grinding to a halt. Bernanke has increased excess reserves in the banking system by $800 billion, but lending is still slow. The banks are hoarding capital in order to deal with the losses from toxic assets, non performing loans, and a $3.5 trillion commercial real estate bubble that's following housing into the toilet. That's why the rate of bank failures is accelerating. 2010 will be even worse; the list is growing. It's a bloodbath. The standards for conventional loans have gotten tougher while the pool of qualified credit-worthy borrowers has s...