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The Fed's "Doomsday Book" Has Been Revealed

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  The Fed's "Doomsday Book" Has Been Revealed THE CORBETT REPORT by James Corbett Back in 2011, shareholders of insurance giant American International Group (AIG) filed a $40 billion class action lawsuit against the US government over the terms of its controversial bailout of AIG during the 2008 financial crisis. In 2014, the trial case  came to focus  on an intriguing oddity. In cross-examination, the plaintiffs learned of a set of documents that the New York Fed—the heart of America's  Federal Reserve central bank  and the primary wheeler-dealer in the chaotic days of the global financial collapse—dramatically refers to as its "Doomsday Book." This book, it was discovered, contained the various legal opinions and memoranda that the Fed used to determine what power it has to manipulate the financial system in the event of a large-scale crisis. And, it seemed, there was a good chance that the central broke its own rules with all its bailout shenanigans and f...

Follow the Money

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Follow the Money How Israel-Linked Billionaires Silenced US Campus Protests ALAN MACLEOD America’s universities are on fire. A protest movement against the violence in Gaza and U.S. colleges’ complicity in them has swept the nation, with encampments on college campuses in 45 of America’s 50 states. The crackdown has been swift; thousands of students have been arrested, charged, fined, lost their degrees, or even deported. Amid corporate media  demanding  a “ Kent State  2.0”, riot police, armored vehicles and snipers have been deployed across the country to terrify those campaigning for justice into silence. Why have overwhelmingly peaceful demonstrations against a foreign power’s actions been met with such a heavy-handed response? A MintPress News investigation finds that those same elite institutions have deep financial and ideological ties to the state of Israel, are funded by pro-Israel billionaires who have demanded they take action to crush the student movement, are...