Trickle Down Tyranny

by Michael Savage

  15. “Fox Business launches series on Media Matters,” Politico, August 4, 2011, http://www.politico.com/blogs/onmedia/0811/Fox_Business_launches_series_on_Media_Matters.html.

  16. Graeme Wearden, “What has happened to Conrad Black’s media empire?” Guardian, July 25, 2010, http://www.guardian.co.uk/media/2010/jul/26/conrad-black-media-empire-assets.

  17. Brian Cathcart, “James Murdoch’s Facts Trap,” Daily Beast, July 21, 2011, http://www.thedailybeast.com/articles/2011/07/21/james-murdoch-caught-in-new-facts-from-parliament-hacking-testimony.html.

  18. Sarah Rappaport, “News Of The World’s Greatest Hits,” Business Insider, July 7, 2011, http://www.businessinsider.com/news-of-the-world-stories-2011-7?op=1.

  19. “What price privacy now?” Information Commissioner’s Office, United Kingdom, December 13, 2006, http://www.ico.gov.uk/upload/documents/library/corporate/research_and_reports/ico-wppnow-0602.pdf.

  20. Indu Chandrasekhar, Murray Wardrop, and Andy Trotman, “Phone Hacking: Timeline of Scandal,” Telegraph, November 10, 2011, http://www.telegraph.co.uk/news/uknews/phone-hacking/8634176/Phone-hacking-timeline-of-a-scandal.html.

  21. “Rupert Murdoch gets Burma-Shave pie in the face,” Los Angeles Times, July 19, 2011, http://latimesblogs.latimes.com/showtracker/2011/07/nothing-says-answer-the-dang-question-like-a-pie-in-the-face-testimony-by-james-and-rupert-murdock-before-parli ments.html.

  22. “News of the World phone-hacking scandal—Friday 8 July 2011,” Guardian, July 8, 2011, http://www.guardian.co.uk/media/blog/2011/jul/08/news-of-the-world-phone-hacking-scandal.

  23. Jeff Labrecque, “Piers Morgan pulled into phone-hacking investigation by Heather Mills claim,” EW.com, August 4, 2011, http://news-briefs.ew.com/2011/08/04/piers-morgan-heather-mills/.

  24. Michael Tomasky, “U.S. Could Prosecute Murdoch,” Daily Beast, July 19, 2011, http://www.thedailybeast.com/articles/2011/07/19/rupert-murdoch-s-american-law breaking-how-he-could-be-prosecuted.html.

  25. Mark Duell and Jennifer Madison, “U.S. Justice Department launches investigation into the extent of News Corp phone hacking and bribes,” Mail Online, July 19, 2011, http://www.dailymail.co.uk/news/article-2016529/News-World-phone-hacking-bribes-US-Justice-Department-launches-investigation.html.

  26. “Why Now of All Times!” Above Top Secret, September 26, 2011, http://www.above topsecret.com/forum/thread757088/pg1.

  27. Jerry Gray, “Florida Couple Are Charged In Taping of Gingrich Call,” New York Times, April 24, 1997, http://www.nytimes.com/1997/04/24/us/florida-couple-are-charged-in-taping-of-gingrich-call.html.

  28. James Risen and Eric Lichtblau, “Bush Lets U.S. Spy on Callers Without Courts,” New York Times, December 16, 2005, http://www.nytimes.com/2005/12/16/politics/16program.html?pagewanted=all.

  29. Eric Lichtblau and James Risen, “Bank Data Is Sifted in Secret to Block Terror,” New York Times, June 23, 2006, http://www.nytimes.com/2006/06/23/washington/23intel.html?pagewanted=all.

  30. David Johnston and Mark Mazzetti, “A Window Into C.I.A.’s Embrace of Secret Jails,” New York Times, August 12, 2009, http://www.nytimes.com/2009/08/13/world/13foggo.html?pagewanted=all.

  Chapter 4. Tyranny of the Treasurer

  1. Kerry Kubilius, “Cannibalism in the Soviet Union,” East European History, October 27, 2007, http://kerrykubilius.suite101.com/cannibalism_in_the_soviet_union-a34252.

  2. “Obama Warns Against Being Self-Reliant,” Walton & Johnson, October 27, 2011, http://www.waltonandjohnson.com/showarchives.html?n_id=2115.

  3. Jeffrey H. Anderson, “Obama’s Recovery A Flop Of Historical Proportions,” Investor’s Business Daily, September 7, 2011, http://www.investors.com/NewsAndAnalysis/Article/583866/201109061718/Obamas-Recovery-A-Flop-Of-Historical-Proportions.htm.

  4. Mortimer B. Zuckerman, “Why the Jobs Situation Is Worse Than It Looks,” U.S. News & World Report, June 20, 2011, http://www.usnews.com/opinion/mzuckerman/articles/2011/06/20/why-the-jobs-situation-is-worse-than-it-looks.

  5. Matt Cover, “Obama Agriculture Secretary: Food Stamps Create Jobs,” CNSNews.com, August 16, 2011, http://www.cnsnews.com/news/article/obama-agriculture-secretary-food-stamps-create-jobs.

  6. “Expanding Net,” http://si.wsj.net/public/resources/images/NA-BN588_Benefi_G_20111005140904.jpg.

  7. Bruce Watson, “The Middle-Class Squeeze: Falling Wealth, Rising Costs,” Daily Finance, October 27, 2011, http://www.dailyfinance.com/2011/10/27/the-middle-class-squeeze-falling-wealth-rising-costs/?ncid=webmail30.

  8. Matt Cover, “Flashback: Obama in 2008: Adding $4 Trillion to National Debt ‘Unpatriotic,’ ” CNSNews.com, August 24, 2011, http://www.cnsnews.com/news/article/flashback-obama-2008-adding-4-trillion-n.

  9. Peter Roff, “A Plan Better than Obama’s to Create Jobs,” U.S. News & World Report, September 9, 2011, http://www.usnews.com/opinion/blogs/peter-roff/2011/09/09/better-ways-than-obamas-plan-to-create-jobs?s_cid=rss:peter-roff:better-ways-than-obamas-plan-to-create-jobs.

  10. Becket Adams, “New Jobless Claims Continue to Hover Above 400,000,” Blaze, October 20, 2011, http://www.theblaze.com/stories/new-jobless-claims-continue-to-hover-above-400000/.

  11. Andrew Malcolm, “961 days in, Obama becomes sick and tired of someone dawdling about jobs,” Los Angeles Times, August 9, 2011, http://latimesblogs.latimes.com/wash ington/2011/09/obama-jobs-speech-congress-bad-news-polls-.html.

  12. Charles Gasparino, “Wall St. Hypocrites,” New York Post, July 29, 2011, http://www.nypost.com/p/news/opinion/opedcolumnists/wall_st_hypocrites_rfge3Ca2Goa0FY QU2JECcN.

  13. Naftali Bendavid and Carol E. Lee, “Leaders Agree on Debt Deal,” Wall Street Journal, August 1, 2011, http://online.wsj.com/article/SB10001424053111903520204576480123949521268.html.

  14. Stephen Dinan, “U.S. eats up most of debt limit in one day,” Washington Times, August 3, 2011, http://www.washingtontimes.com/news/2011/aug/3/us-eats-most-debt-limit-one-day/.

  15. “U.S. Debt . . . $15 Trillion and Counting . . . ,” International Business Times, November 20, 2011, http://m.ibtimes.com/debt-15-trillion-counting-au-ibtimes-com-252911.html.

  16. “After Obama’s Hitler Coup: The Guts To Impeach,” Executive Intelligence Review, August 12, 2011, http://www.larouchepub.com/other/2011/3831coup_guts_impeach.html.

  17. Bridget Johnson, “McKeon at AEI: Super Committee Deadlock Would Put U.S. Military ‘Out of Business,’ ” The Enterprise blog, September 12, 2011, http://blog.american.com/2011/09/mckeon-at-aei-super-committee-deadlock-would-put-us-mili tary-out-of-business/.

  18. “Comprehensive List of Obama Tax Hikes,” Americans for Tax Reform, http://www.atr.org/comprehensive-list-obama-tax-hikes-a6433.

  19. Matthew Boyle, “Nearly 20 percent of new Obamacare waivers are gourmet restaurants, nightclubs, fancy hotels in Nancy Pelosi’s district,” Daily Caller, May 17, 2011, http://dailycaller.com/2011/05/17/nearly-20-percent-of-new-obamacare-waivers-are-gourmet-restaurants-nightclubs-fancy-hotels-in-nancy-pelosi%E2%80%99s-district/.

  20. “Pay to Not Play: More ObamaCare Waivers Pile Up,” Redstate.com, May 19, 2011, http://www.redstate.com/laborunionreport/2011/05/19/pay-to-not-play-more-obamacare-waivers-pile-up/.

  21. Jeffrey Immelt, “A blueprint for keeping America competitive,” Washington Post, January 21, 2011, http://www.washingtonpost.com/wp-dyn/content/article/2011/01/20/AR2011012007089.html.

  22. Matthew Saltmarsh, “U.S. Slips to Fifth Place On Competitiveness List,” New York Times, September 7, 2011, http://www.nytimes.com/2011/09/08/business/global/us-slides-singapore-rises-in-competitiveness-survey.html.

  23. Kevin Collins, “Is Immelt’s Appointment Obama’s Pay-Off to Red China?” Floyd Reports, January 27, 2011, http://floydreports.com/is-immelt-appointment-obamas-pay-off-to-red-china/.

  24. “Leader of Obama Jobs Council, Jeff Immelt, Moves GE’s Health Care Unit to China,” FoxNews.com, July 25, 2011, http://nation.foxnews.com/general-electric/2011/07/25/leader-obama-jobs-council-jeff-immelt-moves-ge-s-health-care-unit-china.

&
nbsp; 25. “Obama’s ‘Job Czar’ Jeffrey Immelt is moving X-Ray Company out of U.S. and into China,” Fact Over Fiction, July 28, 2011, http://www.factoverfiction.com/article/1962.

  26. “Bill Gates to Build Next-Gen Nuclear Reactors With China,” FoxNews.com, December 7, 2011, http://www.foxnews.com/scitech/2011/12/07/bill-gates-to-build-next-gen-nuclear-reactors-with-china/.

  27. Jake Tapper, “General Electric Paid No Federal Taxes in 2010,” ABC News, March 25, 2011, http://abcnews.go.com/Politics/general-electric-paid-federal-taxes-2010/story?id=13224558.

  28. Jonathan Turley, “General Electric Profits Up 77% But Company Avoids Paying a Penny in Taxes,” JonathanTurley.org, April 21, 2011, http://jonathanturley.org/2011/04/21/general-electric-profits-up-77-but-company-avoids-paying-a-penny-in-taxes/.

  29. Curtis Dubay, “U.S. to have Highest Corporate Tax Rate in the World,” The Foundry blog, December 15, 2010, http://blog.heritage.org/2010/12/15/u-s-to-have-highest-corporate-tax-rate-in-the-world/.

  30. John McCormack, “GE Filed 57,000-Page Tax Return, Paid No Taxes on $14 Billion in Profits,” Weekly Standard, November 17, 2011, http://www.weeklystandard.com/blogs/ge-filed-57000-page-tax-return-paid-no-taxes-14-billion-profits_609137.html.

  31. Andrew S. Ross, “Bay area firms among 30 not paying federal taxes,” San Francisco Chronicle, November 4, 2011, http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/11/04/BUCN1LQ5IK.DTL.

  32. Justin Berger, “Jobs Panel Member Whose Solar Firm Won Loan Guarantees Raises ‘Conflict of Interest’ Concerns,” FoxNews.com, November 1, 2011, http://www.foxnews.com/politics/2011/11/01/jobs-panel-member-whose-solar-firm-won-2b-loan-raises-conflict-interest/.

  33. “John Holdren,” FoxNews.com, http://www.foxnews.com/topics/politics/obama-admin istration/john-holdren-science.htm#r_src=ramp.

  34. Bob Unruh, “Congressman: Science ‘czar’ giving China U.S. technology,” WorldNetDaily, November 5, 2011, http://www.wnd.com/?pageId=364197.

  35. Michael J. Boskin, “The Obama Presidency by the Numbers,” Wall Street Journal, September 8, 2011, http://online.wsj.com/article/SB10001424053111904583204576544712358583844.html?mod=WSJ_Opinion_LEADTop.

  36. “Are Millionaires Taxed Less Than Secretaries?” Associated Press, September 20, 2011, http://www.cnbc.com/id/44591639/Are_Millionaires_Taxed_Less_Than_Secretaries.

  37. “The Buffett Alternative Tax,” Wall Street Journal, September 20, 2011, http://online.wsj.com/article/SB10001424053111904194604576580800735800830.html?mod=WSJ_Opinion_LEADTop.

  38. “The Fed’s Secret Liquidity Lifelines,” Bloomberg.com, http://www.bloomberg.com/data-visualization/federal-reserve-emergency-lending/#/overview/?sort=nomPeakValue&group=none&view=peak&position=0&comparelist=&search=.

  39. Bradley Keroun and Phil Kuntz, “Wall Street Aristocracy Got $1.2 Trillion in Secret Loans,” Bloomberg.com, August 22, 2011, http://www.bloomberg.com/news/2011-08-21/wall-street-aristocracy-got-1-2-trillion-in-fed-s-secret-loans.html.

  40. Michael Rothfeld and Jenny Strasburg, “SEC Accused of Destroying Files,” Wall Street Journal, August 19, 2011, http://online.wsj.com/article/SB10001424053111904070604576514840171054216.html.

  41. Peter Ferrara, America’s Ticking Bankruptcy Bomb (New York: Broadside Books, 2011), pp. 13–14.

  42. Addison Wiggin, “The next financial crisis will be hellish, and it’s on its way,” Forbes, November 16, 2011.

  43. Gerard Baker, “Why Barack Obama picked a political Who’s Who,” Sunday Times, December 5, 2008, http://www.timesonline.co.uk/tol/comment/columnists/article5288780.ece.

  44. “Obama Adviser Robert Rubin Sued For Citi Ponzi Scheme,” Investment Watch, January 11, 2009, http://investmentwatchblog.com/obama-adviser-robert-rubin-sued-for-citi-ponzi-scheme/.

  45. Steven Malanga, “Other people’s money,” New York Post, November 23, 2011, http://www.nypost.com/p/news/opinion/opedcolumnists/other_people_money_bnv7Yjd8IA li3dAJfSbK7M.

  46. “The Good, the Bad, and the Ugly—Part Three,” Burning Platform, May 16, 2011, http://www.theburningplatform.com/?tag=great-depression.

  47. “H.R. 4173—Dodd-Frank Wall Street Reform and Consumer Protection Act,” Open Congress, http://www.opencongress.org/bill/111-h4173/show.

  48. Andrew Leonard, “The Dodd-Frank bank reform bill: A deeply flawed success,” Salon.com, June 25, 2010, http://www.salon.com/technology/how_the_world_works/2010/06/25/the_dodd_frank_bank_reform_bill.

  49. Edwin Mora, “TARP Watchdog Casts Doubt on Financial ‘Reform’ Law’s Promise to End Bailouts,” CNSNews.com, January 28, 2011, http://www.cnsnews.com/news/article/tarp-watchdog-cast-doubts-dodd-frank-bil.

  50. “Fiat Money History in the US,” http://www.kwaves.com/fiat.htm.

  51. “Alan Greenspan: We Can Always Print More Money,” YouTube, August 7, 2011, http://www.youtube.com/watch?v=q6vi528gseA.

  52. “Zimbabwe removes 12 zeros from its currency,” CNN, http://edition.cnn.com/2009/WORLD/africa/02/02/zimbabwe.dollars/index.html.

  53. Gregor MacDonald, “Paper vs. Real: Exit From Normal, Ecological Economics, and Probabilistic Regimes in One Chart,” http://gregor.us; “Suicide Banking,” Keiser Report, May 5, 2011, http://maxkeiser.com/2011/05/10/keiser-report-economic-euthanasia/.

  54. Conor Dougherty, “Income Slides to 1996 Levels,” Wall Street Journal, September 14, 2011, http://online.wsj.com/article/SB10001424053111904265504576568543968213896.html?KEYWORDS=income+slides+to+1996+levels.

  55. “US Poverty Hits Record High: 1 in 6 Americans Living Below Poverty Line,” Economy Watch, September 15, 2011, http://www.economywatch.com/in-the-news/us-poverty-hits-record-high-1-in-6-americans-living-below-poverty-line.15-09.htm.

  56. Vivien Lou and Joshua Zumbrun, “Fed Presidents Signal Employment Growth Too Slow to Remove Record Stimulus,” Bloomberg News, May 5, 2011, http://bx.businessweek.com/federal-reserve/view?url=http%3A%2F%2Fnoir.bloomberg.com%2Fapps%2Fnews%3Fpid%3D20601068%26sid%3Dadf3gjeXmCVE.

  57. Ian Cowie, “Why our purchasing power is set to suffer the biggest squeeze since 1870,” Telegraph, May 3, 2011, http://blogs.telegraph.co.uk/finance/ianmcowie/100010094/why-our-purchasing-power-is-set-to-suffer-the-biggest-squeeze-since-1870/.

  58. Sara Murray, “About 1 in 7 in U.S. Receive Food Stamps,” Wall Street Journal, May 3, 2011, http://blogs.wsj.com/economics/2011/05/03/about-1-in-7-americans-receive-food-stamps/.

  59. Matt Krantz, “Silver price drops, sending metal into a bear market,” USA Today, May 5, 2011, http://www.usatoday.com/money/markets/2011-05-05-silver-bear-mar ket_n.htm.

  60. Jonathan Stempel, “JPMorgan, HSBC sued for alleged silver conspiracy,” Reuters, October 27, 2010, http://www.reuters.com/article/2010/10/27/us-jpmorgan-hsbc-lawsuit-idUSTRE69Q5HQ20101027.

  61. “Economic Euthanasia,” Keiser Report, May 10, 2011, http://maxkeiser.com/2011/05/10/keiser-report-economic-euthanasia/.

  62. “Hotspots with Max Keiser,” YouTube, April 19, 2011, http://www.youtube.com/watch?v=A5zXU1bQ3tQ.

  63. “Europe Probes Goldman Sachs, JPMorgan Investment Banks Over Default Swaps,” All Voices, April 29, 2011, http://www.allvoices.com/contributed-news/8933797-europe-probes-goldman-sachs-jpmorgan-investment-banks-over-default-swaps.

  64. Louise Story, Landon Thomas, and Nelson D. Schwartz, “Wall St. Helped to Mask Devt Fueling Europe’s Crisis,” New York Times, February 13, 2010, http://www.ny times.com/2010/02/14/business/global/14debt.html.

  65. Elena Moya, “Europe bars Wall Street banks from government bond sales,” Guardian, March 8, 2010, http://www.guardian.co.uk/business/2010/mar/08/us-banks-european-bond-trading.

  66. Elena Moya, “Europe freezes out Goldman Sachs,” Guardian, July 18, 2010, http://www.guardian.co.uk/business/2010/jul/18/goldman-sachs-europe-sovereign-bond-sales.

  67. Brian Blackstone, “Banker’s Exit Rattles Markets,” Wall Street Journal, September 10, 2011, http://online.wsj.com/article/SB10001424053111903285704576560411990091924.html?KEYWORDS=banker%27s+exit+rattles+markets.

  68. “Biggest Holders of
US Government Debt,” CNBC News, http://www.cnbc.com/id/29880401/The_Biggest_Holders_of_US_Government_Debt?slide=16.

  69. Matt Jarzemsky, “S&P Cuts U.S. Ratings Outlook to Negative,” Wall Street Journal, April 18, 2011.

  70. Damian Paletta and E. S. Browning, “U.S. Warned on Debt Load,” Wall Street Journal, April 19, 2011, http://online.wsj.com/article/SB10001424052748704004004576270693061767996.html.

  71. “United States of America Long-Term Rating Lowered to ‘AA+’ Due to Political Risks, Rising Debt Burden; Outlook Negative,” Standard & Poor’s, August 5, 2011, http://www.standardandpoors.com/ratings/articles/en/us/?assetID=1245316529563.

  72. Jim Hoft, “Obama Created or Saved 450,000 Government Jobs, Lost 1,000,000 Private Sector Jobs With Stimulus,” Gateway Pundit, May 16, 2011, http://gate waypundit.rightnetwork.com/2011/05/obama-created-or-saved-450000-government-jobs-lost-1000000-private-sector-jobs-with-stimulus/.

  73. Paul Haven, “New law will let Cubans buy and sell real estate,” Associated Press, November 3, 2011, http://www.miamiherald.com/2011/11/03/2485009/cuba-legalizes-sale-purchase-of.html#ixzz1ckfpwhy5.

  74. Zhou Xin, Simon Rabinovitch, and Kevin Yao, “U.S. in Worse Shape than Europe: China,” Midas Letter, December 9, 2010, http://www.midasletter.com/index.php/u-s-in-worse-shape-than-europe-china/.

  75. “China Joins Russia in Blasting U.S. Borrowing,” Bloomberg News, August 3, 2011, http://www.bloomberg.com/news/2011-08-03/china-s-zhou-to-monitor-u-s-debt-as-xinhua-sees-bomb-yet-to-be-defused.html.

  76. “Major Foreign Holders of Treasury Securities,” U.S. Treasury, http://www.treasury.gov/resource-center/data-chart-center/tic/Documents/mfh.txt.

  77. Martin Crutsinger, “China trims holdings of US Treasury debt,” AP, December 15, 2011, http://economictimes.indiatimes.com/news/international-business/china-trims-holdings-of-us-treasury-debt/articleshow/11123611.cms.

  78. Phil Gramm, “The Obama Growth Discount,” Wall Street Journal, April 15, 2011, http://online.wsj.com/article/SB10001424052748703983104576262763594126624.html?mod=ITP_opinion_0.