Only after the last tree has been cut down. Only after the last fish has been caught. Only after the last river has been poisoned. Only then will you realize that money cannot be eaten. Cree Nation Tribal Prophecy

  • “Britain has told the Ecuadorean authorities it believes officials can enter its embassy in London and arrest Julian Assange, the founder of WikiLeaks, according to Ecuador’s minister for foreign affairs, Ricardo Patino.”  We’re still waiting for Ecuador’s official announcemnet about Assange’s asylum request.
  • “Seven banks, including HSBC and Royal Bank of Scotland, are to be questioned in the US for alleged manipulation of the Libor inter-bank lending rate.”
  • “US industrial output last month grew at the fastest pace since April, figures show, raising hopes of a sustainable recovery in the economy.”
  • TRNN: The Full Employment Debate. Bob Pollin, author of Back to Full Employment, begins a series examining whether full employment is possible and how to get there.
  • “With the focus of the eurozone crisis on Europe’s southernmost countries such as Greece, Italy and Spain, several of its northern members are questioning their own future in the single currency. Finland is so far denying rumors that it is considering leaving the euro zone but, as Bloomberg reports, its economy is starting to struggle.”
  • “A federal court in Brazil has ordered the immediate suspension of work on the huge Belo Monte hydro-electric dam in the Amazon. The court says local indigenous people have not been properly consulted.”
  • Letters & Politics from KPFA Berkeley: Mitch Jeserich interviews Donald Goldmacher, co-producer and co-director of the documentary Heist: Who Stole the American Dream and Ralph Nader. Heist trailer here. Whether or not you’ve heard of the Powell memo this is a must listen and the film is on my list. You can read a pdf copy of the memo here, just go down to “Download pdf Document. Not a large file.

The truth will set you free but first it will piss you off.