Moral Outrage
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Archive for February 2011

Bankers and politicians lie 93% of the time

February 28, 2011

Behavioral science tells us that bankers and politicians are lying to us 93% of the time. So it’s 13 times more likely Wall Street is telling you a lie than the truth. One of America’s leading behavioral finance gurus, University of Chicago Prof. Richard Thaler, explains: “Think of the human brain as a personal computer […]

Policy makers risk taking psychology ignores evidence to the contrary

February 28, 2011

The psychology of reckless risk-taking, the impulse at work behind so many of the catastrophes of recent years: the BP disaster, the invasion of Iraq, the financial sector collapse, and the ongoing refusal to take meaningful action in the face of climate change. Again and again, policymakers ignore mountains of evidence warning of catastrophe, opting […]

The US National Debt increases by 5 billion dollars a day

February 27, 2011

If it continues borrowing at its current rate, the U.S. Treasury Department would hit the legal limit on government debt on March 14, according to figures provided by the department and calculations. Over the 12 months ending January 31, 2011 the Treasury borrowed a total of $1.8 trillion, or approximately $5 billion per day. […]

National Day of Rage underway in Iraq

February 26, 2011

Tens of thousands of Iraqis surged into the streets Friday in at least a dozen demonstrations across the country, storming provincial buildings, forcing local officials to resign, freeing prisoners and otherwise demanding more from a government they only recently had a chance to elect. Following are highlights leading up to Friday’s “National Day of Rage, […]

CIA agent Raymond Davis and the Fraudulent War on Terror

February 25, 2011

When CIA-agent Raymond Davis gunned down two Pakistani civilians in broad daylight on a crowded street in Lahore, he probably never imagined that the entire Washington establishment would spring to his defense. But that’s precisely what happened. Barack Obama, Hillary Clinton, Mike Mullen, John Kerry, Leon Panetta and a number of other US bigwigs have […]

Wikileaks Julian Assange to be extradited to Sweden?

February 24, 2011

District Judge Howard Riddle has ruled Wikileaks founder Julian Assange should be extradited to Sweden to face sexual assault allegations. Assange will appeal against the court ruling. He has been released on bail on the same terms he was granted in December. Supporters had put up money as security. The Assange legal team contest the […]

118 drone raids has killed only 2 top militants

February 24, 2011

The Central Intelligence Agency (CIA) of the United States launched 118 drone attacks in Pakistan last year, but managed to kill only 2 “most-wanted” terrorists, The Washington Post has reported. A Washington think-tank, New America Foundation, reported that US drone strikes soared from 33 in 2008 to 118 in 2010. The increase cost US taxpayers […]

Raymond Davis linked to Task Force 373 (TF 373)

February 23, 2011

Raymond Davis, the so-called U.S. diplomat apprehended in Pakistan, has been found in possession of top-secret CIA documents, which point to him or the feared American Task Force 373 (TF 373) operating in the region, providing Al-Qaeda terrorists with “nuclear fissile material” and “biological agents,” according to a report. According to the report, the combat […]

Raymond Davis CIA beyond a shadow of doubt

February 22, 2011

Raymond Davis, the American “diplomat” who shot dead two men on a Lahore street, triggering a diplomatic crisis between Pakistan and the United States, is a CIA agent who was on assignment at the time of the incident. The Guardian states it can confirm that the 36-year-old former special forces soldier is employed by the […]

Palestinians plan Day of Rage to protest US veto of UN resolution

February 21, 2011

Palestinians are planning their own “Day of Rage” to protest the American veto of a United Nations resolution condemning Israeli settlements, Ma’an News Agency reported a top Fatah official as saying. “[The United States government] are liars who pretend to support democracy and peace. Far from it,” Fatah official and former Palestinian intelligence chief Tawfik […]