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After the global economic crisis Frankfurt's bankers are once again in high spirits. Big hitters like Deutsche Bank are seeing net profits in the billions, while poor performances from worse-hit banks like Commerzbank - which was bailed out by the state - are simply ignored. Meanwhile, the battle against bonuses appears to have been lost. Report by Oliver Hoesch.

Author: WSQT Direct Action Radio 88.1 FM in DC E-mail: WSQTradio@hushmail.com Here is the playlist form our November 17 show read more

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Conspiracy theories abound on the left and the right--the "Birthers" are only the most recent incarnation. But there are plenty of scary secrets out there that are real and well-documented, from Max Blumenthal's investigations into the religious right to Jeremy Scahill's work on Blackwater. It can be hard to tell where the conspiracy theories begin and the truth ends. Our guests today talk about shady global conspiracies, corporate overlords, and the military-industrial complex, and what we can do about any of it. John Perkins is the author of Hoodwinked and Confessions of an Economic Hit Man , and has written about how corporations push politicians around and even threaten them with violence. Russ Baker, meanwhile, is the author of Family of Secrets: The Bush Dynasty, the Powerful Forces That Put It in the White House, and What Their Influence Means for America and has written extensively about the military-industrial complex. They argue the only weapon we have is public opinion and public pressure--and we need to bring it to bear not just on the government, but on the corporations. In the new film Collapse, filmmaker Chris Smith follows Michael Ruppert, a former Los Angeles police officer who publishes a newsletter where, among other things, he predicted the economic crisis. But his theories often range into the apocalyptic. Smith joined Laura in the studio to discuss his film and whether or not he believes Ruppert. Is he a genius, or just paranoid? Today is Veterans Day, and we are supposed to honor those who have served in the military. This video from New America Media takes a look at the struggles of veterans to readjust to civilian life, and asks what more we could be doing to truly honor them. With all the depressing news about corporations and the government today, we thought we'd add some of the brighter side of capitalism. Social Capital Markets aims to help save the world--and still make a profit. The Earth Island Institute created the annual Brower Youth Awards to honor six young people for their outstanding activism and achievements in the fields of environmental and social justice advocacy, and we take a look at another of their winners, a food justice activist in Texas who is redefining environmentalism.

Armistice Day reminds us that when wars end, the winners and losers are supposed to make peace. For the first time, in 2009, leaders of World War II enemies, Germany and France, commemorated the date together as a sign of new mutual respect. But this week also marked the ten-year anniversary of a different kind of war -- a war on Americans' assets and the poor. Ten years later, while the winners and losers are obvious, there's no armistice in sight. On November 12, 1999, after decades of banking deregulation, congress repealed the 1933 Glass-Steagall Act, which up until that point had kept Main Street banks and commercial financial speculation apart. Glass-Steagall's repeal unleashed a wave of derivative marketing that rewarded shameless loan sharks for selling the most vulnerable Americans into a bubble of debt. The bubble having burst, now the stock market is up. Companies are reporting strong earnings and Wall Street's clearly at peace. The top three banks announced this week that they'll be giving out their biggest bonuses yet. But this week's news also brought US double-digit unemployment and regardless of those good earnings, the layoffs just don't stop; Sprint says it's cutting another 2,500 jobs; Pfizer, 2,000 jobs; even supposedly new and growing parts of the economy aren't growing -- software developer Adobe's cutting 6 percent of its workforce, game-maker Electronic Arts is cutting 1,500 jobs. And that's just this week. Winners and losers? You betcha. And the winners have won some serious loot. Having suppressed wages for decades, now employers are suppressing jobs. Workers are not only making do with less -- they're working harder than ever, and there are no new hires, because fewer people seem to get the job done just fine. In fact they're productivity's up. And the personal costs are off the books. Call me crazy, but the spoils are pretty nifty: fewer workers, lower wages, a more terrified workforce. From a winners' point of view, what's not to like? The proof of no peace is in the fact that the president and congress keep talking about recovery and jobs bouncing back...but there's no real structural change on the table, no new economic tools, no regulation -- certainly no reparations -- in sight. The losers are weak and the winners are stronger than ever. The US economy has lost some 10 million jobs since the recession began. Do you really think those 10 million jobs are coming back? It seems to me, the war is far from over and the spoils are just getting divvied up. The F Word is a regular commentary by Laura Flanders, the host of GRITtv which broadcasts weekdays on satellite TV (Dish Network Ch. 9415 Free Speech TV) on cable, and online at GRITtv.org and TheNation.com. Follow GRITtv or GRITlaura on Twitter.com.

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