(written with Stacy Herbert)

On May 26, 2004, a year after the invasion of Iraq, the New York Times issued an extraordinary apology for their failure in the lead up to the invasion of Iraq, The Times and Iraq

We have found a number of instances of coverage that...

In the lead up to the US elections less than a year ago, protesters gathered at the party conventions.

The police were waiting for them at the DNC convention in Denver:

(Photo by sonicquirtgun)

This is what we know: The fractional-reserve-banking-enabled, Fiat-currency-assisted credit derivatives bubble that grew 10 times larger than Earth's GDP has popped.

And the collapse of this greatest global Ponzi scheme since the South Sea Bubble has taken world markets with it. It has destroyed pension funds and wiped out...

The Wall Street Journal recently reported

Purchases of guns and ammunition are surging across the country. Nearly four million background checks -- a key measure of sales because they are required at the purchase of a gun from a federally licensed seller -- were performed in the first...

Financial rescue nears GDP as pledges total 12.8 trillion, reads the Bloomberg headline.

As I turn from the almost daily news of the $12.8 trillion worth of rescues of Wall Street to the relative non-response from the taxpayer, I am reminded of a story that a South African...

Obama met with banking industry 'titans,' as the Washington Post calls them.

Instead of handcuffing them and bringing them up on charges of fraud and racketeering, however, Obama asked the bankers politely to try to restrain themselves from spending their ill-gotten gains so conspicuously (isn't that what the...

Bond trader Cantor Fitzgerald issued a press release today announcing the coming release of Hollywood box office futures contracts.

Cantor Fitzgerald has filed an application with regulators to launch an exchange that will allow users to hedge and speculate on the financial performance of movies.

Cantor...

In April 2007, I traveled to Iceland to investigate what was then being called a "miracle economy." The Icelandic people had one of the highest incomes in the world and Icelandic banks and companies were buying up huge swathes of the British High Street. How was a nation of...

The economic and finance predictions I've made over the past few years featured in the films I made for Al Jazeera caught the attention of BBC World News.

"The Oracle with Max Keiser" is coming to BBC World News starting Jan. 9th. Fellow HuffPost blogger...

My latest blog at Intrade.

American voters are angry, according to the latest Gallup poll:

A USA Today/Gallup poll finds 53% of Americans describing themselves as "angry" about the financial crisis that has gripped the nation the past two weeks. Fewer Americans, but still a substantial 41%,...

John McCain's shock suspension of campaigning has drastically altered the fundamentals of the 2008 Presidential Election Winner (Individual) contract at Intrade.

The stunt is being met with wide spread selling of McCain, while traders have simultaneously ploughed into Obama, rocketing his price up to 57. Obama has now opened...

An InTrade.com Market summary:

Osama Capture Dec08 contract has tumbled by 50% in past two weeks and yet the word on the Hill is for an October surprise.

Twice in the past few weeks, US helicopters have crossed the border only to be turned back by gunfire from Pakistani...

An InTrade market summary;

Despite a brief rally for McCain's (47.6) contract post GOP convention, the primary Obama (51.2) bull market trend has apparently resumed on the President 2008 market.

Obama's price has surged in the past week or so as the U.S. financial crisis turns...

How do Blacks in America get paid reparations for slavery?

What's needed is for a Black reparations Mike Milken bond wizard to step up, take charge, and raise a trillion dollars by selling reparation-backed bonds.

On paper, the idea of reimbursing the Black community in America a trillion dollars in...

Immediately following the attacks of 9/11 there was a moment when it appeared as though the US was prepared to engage in some serious self-reflection and look at their part in the events and history that led up to those attacks.

Clearly world trade had been lopsided for decades. The...

I have written about how recent upward consumer price trends for Starbucks and McDonald's are indicative of America's slide into penury as the credit crisis hits and the US dollar sinks, and fast-food chains become increasingly unaffordable for millions of Americans.

Add Coca-Cola to the mix to fully...

The US dollar's continuing crash is forcing commodities like food and energy that are priced in dollars higher and making restaurants like Starbucks and McDonald's unaffordable for many Americans. Starbucks has had to shut down 600 stores and begin a massive retrenchment due to the margin squeeze accompanying higher commodity...

You don't notice inflation or deflation until they have gotten out of control.

Strictly speaking, inflation means that 'money' is being created while deflation means that 'money' is being destroyed; not gold-money mind you but interest bearing units of exchange that have been borrowed from the Federal Reserve and lent...

Citizen groups around the country are mobilizing to save their Starbucks after the company announced it will shut down 600 stores. These people don't realize that Starbucks will have to double or triple their prices as the dollar continues to crash and the reason Starbucks has to close stores...

I was on PressTV last night with Afshin Rattansi talking about the market trends for oil, dollar and the rising fortunes of Obama.

I come in at 0:56 of video.

TRANSCRIPT:

Afshin Rattansi: Well joining...