Over the past several years I have discovered a lot of great documentaries on the Internet. The frustrating part was trying to find them again for friends. Thus I started Video Journal(s) where I'm trying to weave the videos/documentaries into comprehensive stories. This Video Journal is about corruption, crony capitalism and corporate/Wall Street GREED.

I don't think people understand what Wall Street's GREED has gotten us into. Sure we all know about the 700 billion dollar TARP bail-out, and the 18 trillion dollars national debt.  But, I don't think people are aware of all the trillions of dollars the FED (Federal Reserve) has loaned to the Wall Street Banks, which doesn't trickle down to main street, or the 700 trillion-to-1.2 quadrillion dollar derivatives bubble that the World's banks are sitting on (see the Financial Crisis News Magazine).

Tuesday August 15, 2017

Three More CEOs Turn Backs on Trump as Merck, Intel Quit Council
Bloomberg | Jeff Green | 08/15/17

It was a question that came to the fore again Monday when first Merck & Co.'s Kenneth Frazier, then Under Armour Inc.'s Kevin Plank and Intel Corp.'s Brian Krzanich stepped down from a White House business group set up to advise Donald Trump.

While none mentioned the president, Frazier, one of the country's most-prominent black chief executive officers, quit the council as Trump was being assailed for failing to quickly condemn white supremacists for deadly violence at a rally Saturday in Charlottesville, Virginia. Frazier said he was acting on a "matter of personal conscience." ... Read more

Adviser: Trump Didn't Want To 'Dignify' White Supremacy By Condemning It
TalkingPoint | Esme Cribb | 08/13/17

White House homeland security adviser Tom Bossert on Sunday claimed President Donald Trump's failure to condemn white supremacists after violence broke out at a rally in Charlottesville was because he didn't want to "dignify" the movement. ...

... Trump on Saturday did not remark on the nature of the rally but called the clashes an "egregious display of hatred, bigotry and violence on many sides" and called for Americans to "love each other." ... Read more
Republicans Defend Trump's Charlottesville Response | TYT | 08/14/17 | 11:06

Anti-McMaster campaign is about to get uglier
Axios.com | Jonathan Swan | 08/13/17

Steve Bannon's wing of Trump's White House is plotting to stab the National Security Adviser in the back.

The bare-knuckle campaign to remove National Security Adviser H.R. McMaster from the White House is about to get much uglier.

Outside forces opposed to McMaster are going to allege he has a drinking problem, according to sources outside the Trump administration familiar with the anti-McMaster campaign. The controversial nationalist Mike Cernovich, who has an inside track on the anti-McMaster campaign, teased the alcohol attack in an Internet video with Alex Jones of the website Infowars. Anti-McMaster forces believe this attack will harm his standing with the president, who is a teetotaler.

To be clear: I have never heard anything to support the allegation from anyone inside the Trump administration or from anyone who's socialized with McMaster. We are covering it to highlight the extremes to which McMaster's opponents are prepared to take their war against the National Security Adviser.

A White House official told me "McMaster has been made aware that the attack is likely coming, and prefers to focus on his work."

Another official told me the majority of senior staff "have rallied around McMaster and believe that all of the attacks against him are divorced from reality."

Chief of Staff John Kelly finds the attacks dishonorable and disgusting, according to a source close to Kelly. President Trump is also off-put by the campaign against McMaster -- even though his relationship with his National Security Adviser has at times been strained. ... Read more
Steve Bannon Plotting Behind Trump's Back | TYT | 08/14/17 | 14:12

On The Internet, Everyone Knows 'You're Racist': Twitter Account IDs Marchers
NPR.org | author | 08/14/17

Peter Cvjetanovic didn't really think this through. They didn't wear hoods as they chanted "Jews will not replace us." They weren't hiding their faces as they waved Confederate flags, racist signs and swastikas. They looked straight at a sea of cameras as they made the Nazi salute.

As Matt Thompson wrote for The Atlantic, the white supremacist march and rally this past weekend wasn't a KKK rally: "It was a pride march."

The bare-faced shamelessness was the point. But it was also an opening.

On the Internet, some people are crowd-sourcing efforts to identify and shame the people participating in the rally. Most prominently, on Twitter, the account called "Yes, You're Racist" has been soliciting help and posting IDs. "I'll make them famous," the account pledged. ... Read more
When You Forget Your Klan Hood And The Internet Finds Out | TYT | 08/14/17 | 9:14
Democracy Now! U.S. and World News Headlines for Tuesday, August 15 [16:12]
Democracy Now! U.S. and World News Headlines for Tuesday, August 15 (FULL) | 59:02
Note: on the full 59:02 video look for small white (or black) circles on the Progressbar they denote the different news stories. You can move the pointer on the Progressbar to jump to each story, and around the video.
Note2: You might have to scroll the windows down 1/2 inch to capture the full video.
  1. Headlines
  2. Ta-Nehisi Coates: With a Racist in the White House, the Bloodshed in Charlottesville was Predictable
  3. "We Were 8 Years in Power": Ta-Nehisi Coates on Obama, Trump & White Fear of "Good Negro Government"
  4. Ta-Nehisi Coates: I Would Like to See Donald Trump Resign & Leave White House
  5. Ta-Nehisi Coates on How Cities & Municipalities Are Winning Reparations for Slavery at Local Level
Col Larry Wilkerson -> Trump Has No Business Threatening Venezuela | TRNN | 08/14/17 | 16:14
Dr. Joe Romm -> NOAA Defies Trump Administration's Climate Science Denial | TRNN | 08/14/17 | 9:32
ClimateProgress website
Keiser Report: Trend reversals (E1110) | RT | 08/15/17 | 25:49
NPR (National Public Radio) - www.npr.org/
What Can I Do To Stop Hate Groups? | 1a.org | 08/15/17 | 1hr
The violent racism we saw in Charlottesville, Virginia is not new. But after last weekend's attack, many people are looking for new ideas about how to stop extremists. On Monday's show, our guest Jameta Barlow said "Everyone needs to do something every day."

But what? What is the most productive response to a white nationalist rally in your town? Or on your campus? What should you do if a cousin says something racist at Thanksgiving?
CEOs Cut Ties With Trump | 1a.org | 08/15/17 | 1hr
The CEOs of Merck, Intel and Under Armour resigned their positions on the White House American Manufacturing Council this week. The three condemned the hate groups that attracted violence to a recent white supremacist rally in Charlottesville, Virginia -- something President Donald Trump has been criticized for not doing in a timely way.
PBS (Public Broadcasting Service) - pbs.org/
Maddow: Racism 'A Persistent Infection' In White American Culture | TRNN | 07/14/17 | 16:38
Steve Bannon Personal Influence Wanes, Policy Influence Lives On | MSNBC Morning Joe | 08/15/17 | 7:05
Sizing Up Donald Trump's Relationship With The Press | MSNBC Morning Joe | 08/15/17 | 7:37
Charlie Dent: Donald Trump's Merck 'Cheap Shot' Bothered Me | MSNBC Morning Joe | 08/15/17 | 7:25
PETER SCHIFF - Will Trump Cause a Stock Market Crash at August 2017 | | 08/11/17 | 38:39
The Late Show with Stephen Colbert
Stephen Makes Condemning Nazis Look Easy (Because It Is) | Stephen Colbert | 08/15/17 | 11:23
Anthony Scaramucci Would Fire Steve Bannon | Stephen Colbert | 08/15/17 | 10:08
The Daily Show with Trevor Noah
**Brown in Town - Coal Country | The Daily Show | 08/11/17 | 6:55

Monday August 14, 2017

Wall Street Journal editorial rips Bannon for White House dysfunction
TheHill | John Bowden | 08/10/17

The Wall Street Journal's editorial board blamed senior White House aide Stephen Bannon for chaos in the West Wing, arguing that the top Trump ally's loyalty to the president is in question after his supporters vilified Trump's national security adviser, H.R. McMaster.

In an editorial Tuesday night, the conservative paper trashed the White House chief strategist for using his allies in the far-right media to disrupt the White House in favor of his own personal goals.

Citing the statement of support that Trump issued for McMaster last week, the paper writes that Trump's new chief of staff, John Kelly, should watch Bannon closely.

"Rather than question the general's loyalties, perhaps Mr. Kelly should question Mr. Bannon's," the Journal wrote. "The former Breitbart publisher has been a White House survivor, but his warring habits have also been responsible for much of the White House dysfunction. ... Read more
Steve Bannon: The White House's Leaker Outed? | TYT | 08/13/17 | 7:28

Steve Bannon Said He Learned To FeaR Muslims When He Visited Pakistan. Except He Was Probably In Hong Kong.
TheIntercept | Peter Maass | 08/11/17

IF YOU ASK Steve Bannon how he got the idea that Muslims in the Middle East are a civilizational threat to America, he will say that his eyes were first opened when he served on a Navy destroyer in the Arabian Sea. At least that's what he told the journalist Joshua Green, whose new book about President Donald Trump's senior counselor is a best-seller.

"It was not hard to see, as a junior officer, sitting there, that [the threat] was just going to be huge," Bannon said. He went on: ... Read more
The Comically Stupid Reason Bannon's Terrified Of Muslims | TYT | 08/13/17 | 5:07

**Devil's Bargain: Steve Bannon, Donald Trump, and the Storming of the Presidency by Joshua Green

From the reporter who was there at the very beginning comes the revealing inside story of the partnership between Steve Bannon and Donald Trump--the key to understanding the rise of the alt-right, the fall of Hillary Clinton, and the hidden forces that drove the greatest upset in American political history.

Based on dozens of interviews conducted over six years, Green spins the master narrative of the 2016 campaign from its origins in the far fringes of right-wing politics and reality television to its culmination inside Trump's penthouse on election night.

The shocking elevation of Bannon to head Trump's flagging presidential campaign on August 17, 2016, hit political Washington like a thunderclap and seemed to signal the meltdown of the Republican Party. Bannon was a bomb-throwing pugilist who'd never run a campaign and was despised by Democrats and Republicans alike.

Yet Bannon's hard-edged ethno-nationalism and his elaborate, years-long plot to destroy Hillary Clinton paved the way for Trump's unlikely victory. Trump became the avatar of a dark but powerful worldview that dominated the airwaves and spoke to voters whom others couldn't see. Trump's campaign was the final phase of a populist insurgency that had been building up in America for years, and Bannon, its inscrutable mastermind, believed it was the culmination of a hard-right global uprising that would change the world.
**The Fourth Turning: What the Cycles of History Tell Us About America's Next Rendezvous with Destiny by William Strauss and Neil Howe (2009)

William Strauss and Neil Howe base this vision on a provocative new theory of American history. The authors look back five hundred years and uncover a distinct pattern: Modern history moves in cycles, each one lasting about the length of a long human life, each composed of four eras--or "turnings"--that last about twenty years and that always arrive in the same order.

First comes a High, a period of confident expansion as a new order takes root after the old has been swept away. Next comes an Awakening, a time of spiritual exploration and rebellion against the now-established order. Then comes an Unraveling, an increasingly troubled era in which individualism triumphs over crumbling institutions. Last comes a Crisis--the Fourth Turning--when society passes through a great and perilous gate in history. Together, the four turnings comprise history's seasonal rhythm of growth, maturation, entropy, and rebirth.

Strauss and Howe locate today's America as midway through an Unraveling, roughly a decade away from the next era of Crisis. In a brilliant analysis of the post-World War II period, they show how generational dynamics are the key to understanding the cycles of American history. They draw vivid portraits of all the modern generations: the can-do G.I.s, the mediating Silent, the values-absorbed Boomers, the pragmatic 13ers, and the child Millennials. Placed in the context of history's long rhythms, the persona and role of each generation become clear--as does the inevitability of the coming Crisis. ...

Bannon Calls Jeffrey Lord After CNN Firing Over Nazi Salute Tweet
TalkingPoints | Nicole Lafond | 08/11/17

While House Chief Strategist Steve Bannon called pro-Trump commentator Jeffrey Lord after Lord was fired by CNN for tweeting a Nazi salute, according to a report from Penn Live.

"It's Stephen K. Bannon. I have to take this," Lord told the reporter, who was sitting in Lord's living room when he received the call. Bannon reportedly called Lord to show support and encourage him to keep fighting. Lord wouldn't provide details on what the two spoke about. ... Read more
Steve Bannon Called Fired Jeff Lord In Racist Solidarity | TYT | 08/13/17 | 11:50

Democracy Now! U.S. and World News Headlines for Monday, August 14 [14:01]
Democracy Now! U.S. and World News Headlines for Monday, August 14 (FULL) | 59:02
Note: on the full 59:02 video look for small white (or black) circles on the Progressbar they denote the different news stories. You can move the pointer on the Progressbar to jump to each story, and around the video.
Note2: You might have to scroll the windows down 1/2 inch to capture the full video.
  1. Headlines
  2. Survivor of White Supremacist Attack in Charlottesville: There's No Question, This was Terrorism
  3. Cornel West & Rev. Traci Blackmon: Clergy in Charlottesville Were Trapped by Torch-Wielding Nazis
  4. UVA Prof on UVA's Historical Ties to KKK & White Nationalist Alums Richard Spencer & Jason Kessler
  5. Rev. Traci Blackmon: The Trump Administration Is Giving Permission to Hate
Steve Bannon on the Crisis of Capitalism and the Divine Right of Billionaires | TRNN | older, 04/05/17 | 19:35
Bill Black -> Media Downplays Wells Fargo's Latest Scandals | TRNN | 07/14/17 | 8:44
Trump Risking It All For North Korea | TYT | 08/12/17 | 5:45
We've Gone From "Fire & Fury" To "Locked & Loaded" | ThomHartmann | 08/11/17 | 27:58
NPR (National Public Radio) - www.npr.org/
Charlottesville And The White Supremacists | 1a.org | 08/14/17 | 1hr
What began as a rally by white supremacists in Virginia this weekend ended in terror Saturday as a car slammed into a group that was protesting the rally, killing at least one person and injuring 19 others.

The tension had been high since Friday, when a group of torch-bearing white nationalists (some giving a Nazi salute) descended on the University of Virginia campus to protest the potential removal of a statue of Confederate General Robert E. Lee.

After Saturday's deadly violence, President Donald Trump said, "we condemn in the strongest possible terms this egregious display of hatred, bigotry and violence on many sides ... on many sides." The response was met with criticism, with members of the president's own party labeling it too vague.
Answering Your Questions On North Korea And Nuclear Weapons | 1a.org | 08/14/17 | 1hr
As tensions mount between the U.S. and North Korea, so does the number of unanswered questions.

Would the U.S. launch a pre-emptive strike?
Would North Korea really attack Guam?
What role will China play?
How did we get to this point?
PBS (Public Broadcasting Service) - pbs.org/
Donald Trump Never Takes Responsibility For Anything: Bruni | MSNBC Morning Joe | 08/14/17 | 12:27
**Nothing New On North Korea Except Donald Trump's Freak-Out | MSNBC Rachel Maddow | 08/11/17 | 9:27
Who Is White House Aide Sebastian Gorka? | MSNBC AM Joy | 08/13/17 | 13:34
Richard Painter: Sebastian Gorka Should Be Fired For Tillerson Comments | MSNBC 11th Hour | 08/11/17 | 2:03
Anthony Scaramucci's First Interview After Being Fired By Trump - Criticizing Trump's Statements | ABC | 08/13/17 | 14:29
LastWeekTonight with John Oliver
North Korea: Last Week Tonight with John Oliver | John Oliver | 08/13/17 | 26:59
Full Frontal with Samantha Bee
Dr. Sebastian L. v. Gorka, Trump Whisperer | Samantha Bee | older | 7:26
**Steve Bannon, Dr. Sebastian L. v. Gorka and Donald Trump

More News Menu

National Debt - TRILLIONS
*Demonocracyinfo | US Debt in Physical $100 bills [2:10]

National Debt
US Debt Stacked in $100 bills
United States owes a lot of money, with its debt equal to the size of the economy as of 2012. See the Statue of Liberty & WTC being dwarfed by the debt.


Now... Who Own the Derivative Time Bomb?

Five Banks Account For 96% Of The $250 Trillion In Outstanding US Derivative Exposure; Is Morgan Stanley Sitting On An FX Derivative Time Bomb?
Zero Hedge | Author | 09/24/11

The latest quarterly report from the Office Of the Currency Comptroller is out and as usual it presents in a crisp, clear and very much glaring format the fact that the top 4 banks in the US now account for a massively disproportionate amount of the derivative risk in the financial system. Specifically, of the $250 trillion in gross notional amount of derivative contracts outstanding (consisting of Interest Rate, FX, Equity Contracts, Commodity and CDS) among the Top 25 commercial banks (a number that swells to $333 trillion when looking at the Top 25 Bank Holding Companies), a mere 5 banks (and really 4) account for 95.9% of all derivative exposure (HSBC replaced Wells as the Top 5th bank, which at $3.9 trillion in derivative exposure is a distant place from #4 Goldman with $47.7 trillion). The top 4 banks: JPM with $78.1 trillion in exposure, Citi with $56 trillion, Bank of America with $53 trillion and Goldman with $48 trillion, account for 94.4% of total exposure. As historically has been the case, the bulk of consolidated exposure is in Interest Rate swaps ($204.6 trillion), followed by FX ($26.5TR), CDS ($15.2 trillion), and Equity and Commodity with $1.6 and $1.4 trillion, respectively. Read more


02.10.2011. 07:16

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