In These New Times

A new paradigm for a post-imperial world

Archive for March, 2009

The Great American Spectacle

Posted by smeddum on March 24, 2009

 

March 24, 2009 |
The U.S. economy has passed the point of no return

 

We are living through history in the making. Not the good kind of history. More like Nero-fiddling-while-Rome-burned history. Read the rest of this entry »

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Cell Phones, the New Cigarettes

Posted by smeddum on March 24, 2009

 

By Albert Roman
Epoch Times Staff
Feb 25, 2009

 

 

Elizabeth Barris is concerned about the ill effects of cell phones and Wi-Fi.

Elizabeth Barris is concerned about the ill effects of cell phones and Wi-Fi. (Mike Chamness)

Elizabeth Barris, director of The Peoples Initiative Foundation, a new non profit organization, is on a mission to change the law and inform the public about the devastating health effects from EMR (electromagnetic radiation), which is emitted from cell phones and Wi-Fi. Read the rest of this entry »

Posted in Ecological and Public Health Crisis | Tagged: , | 1 Comment »

Fiscal plan fails to revive markets

Posted by smeddum on March 24, 2009

 

WWW.PROJECT-SYNDICATE.ORG

 Tuesday, 03.24.09

Miami Herald

Why does Stiglitz want to give the banks more money, then present arguments that seem to be against such a proposal?

Let’s be clear: President Barack Obama inherited an economy in freefall and could not possibly have turned things around in the short time since his election. Unfortunately, what he is doing is not enough.

The real failings in the Obama recovery program lie not in the stimulus package — though it is too heavily weighted toward tax cuts, and much of it merely offsets cutbacks by states — but in its efforts to revive financial markets. America’s failures provide important lessons to countries around the world that are or will be facing increasing problems with their banks: Read the rest of this entry »

Posted in Financial crisis | Tagged: , | 1 Comment »

Nobel laureate Krugman slams Geithner bailout plan

Posted by smeddum on March 24, 2009

 

Mon Mar 23, 2009 
 


WASHINGTON (Reuters) – Nobel-prize winning economist Paul Krugman said in remarks published on Monday that the latest U.S. Treasury bailout program is nearly certain to fail, triggering a sense of personal despair. Read the rest of this entry »

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The U.S Treasury Bubble: The worst kept secret on Wall Street

Posted by smeddum on March 24, 2009

 

 

March 23, 
By Steve Christ
 
 
By now everybody and his/her mother has heard about the U.S. Treasury bond bubble.
 
In terms of secrets, it is one of the worst kept on Wall Street. Read the rest of this entry »

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Venezuela’s Chavez calls Obama “ignoramus”

Posted by seumasach on March 23, 2009

22nd March, 2009

CARACAS (Reuters) – Venezuela’s President Hugo Chavez said on Sunday his U.S. counterpart Barack Obama was at best an “ignoramus” for saying the socialist leader exported terrorism and obstructed progress in Latin America.

Read the rest of this entry »

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Captured By The Debt Spider

Posted by seumasach on March 23, 2009

Ellen Brown

Introduction from The Web of Debt

President Andrew Jackson called the banking cartel a “hydra-headed monster eating the flesh of the common man.” New York Mayor John Hylan, writing in the 1920s, called it a “giant octopus” that “seizes in its long and powerful tentacles our executive officers, our legislative bodies, our schools, our courts, our newspapers, and every agency created for the public protection.” The debt spider has devoured farms, homes and whole countries that have become trapped in its web. In a February 2005 article called “The Death of Banking,” financial commentator Hans Schicht wrote:

The fact that the Banker is allowed to extend credit several times his own capital base and that the Banking Cartels, the Central Banks, are licensed to issue fresh paper money in exchange for treasury paper, [has] provided them with free lunch for eternity. . . . Through a network of anonymous financial spider webbing only a handful of global King Bankers own and control it all. . . . Everybody, people, enterprise, State and foreign countries, all have become slaves chained to the Banker’s credit ropes.1

Read the rest of this entry »

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Public health implications of wireless technologies

Posted by seumasach on March 23, 2009

Cindy Sage and David O. Carpenter

Science Direct

Click on above link to view entire study

Abstract

Global exposures to emerging wireless technologies from applications including mobile phones, cordless phones, DECT phones, WI-FI, WLAN, WiMAX, wireless internet, baby monitors, and others may present serious public health consequences. Evidence supporting a public health risk is documented in the BioInitiative Report. New, biologically based public exposure standards for chronic exposure to low-intensity exposures are warranted. Existing safety standards are obsolete because they are based solely on thermal effects from acute exposures. The rapidly expanding development of new wireless technologies and the long latency for the development of such serious diseases as brain cancers means that failure to take immediate action to reduce risks may result in an epidemic of potentially fatal diseases in the future. Regardless of whether or not the associations are causal, the strengths of the associations are sufficiently strong that in the opinion of the authors, taking action to reduce exposures is imperative, especially for the fetus and children. Such action is fully compatible with the precautionary principle, as enunciated by the Rio Declaration, the European Constitution Principle on Health (Section 3.1) and the European Union Treaties Article 174.

Posted in Ecological and Public Health Crisis, Studies and statements showing mobile phone health risk | Tagged: | Leave a Comment »

France, Germany say regulation priority for G20

Posted by smeddum on March 23, 2009

Reuters

Tue Mar 17

 

* Sarkozy, Merkel want ‘new financial architecture’

 

* All hedge funds should be registered, regulated

 

* EU should look at sanctions on non-transparent states

 

 

 

(Adds Merkel-Balkenende article)

 

By Madeline Chambers and Paul Carrel

 

BERLIN, March 17 (Reuters) – France and Germany said the top priority for an April G20 summit should be to agree new rules for the global financial system, in the latest signal to Washington that they oppose its push for new stimulus measures. Read the rest of this entry »

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The American Empire: A Finale

Posted by smeddum on March 23, 2009

 

March 23, 2009   

By Justin Raimondo 

Antiwar.com

 

The biggest most glaring weakness of Justin Raimondo’s article is that he has bought into the idea that  Europe has succumbed to the economic crisis worse than the US.  The prospect of hyperinflation is not  general to Europe. The ECB is not even  trying to fight “deflation”. However, the UK and Switzerland , the two biggest financial centres who do not have the “safe haven” status of the dollar and operate largely outside the Eurozone are on a worse economic trajectory than the US.

 

 

Author’s note: The following is the text of a talk given in Paris on March 21, at the “Prendre le Moyens de la paix au XXI siecle,” which I believe roughly translates into “Prospects for Peace in the 21st Century,” a conference sponsored by Bernardins College and the Sorbonne.

I am not cheered by the subject of my talk here today, which is the decline and fall of the American empire, first, because I am an American, and, second, because the description of America as an empire fits it all too well. When you remember that the American Revolution was fought against an imperial power, that U.S. was born in a struggle against an occupying army, and that its victory against the British was an inspiration to anti-imperialist liberals everywhere, it is a shaming thing to have to come here to describe how it ended in tragedy, betrayal, and a short and ugly decline. Read the rest of this entry »

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Preparing for Civil Unrest in America-Legislation to Establish Internment Camps on US Military Bases

Posted by seumasach on March 22, 2009

 

Michel Chossudovsky

Global Research

18th March, 2009

The Economic and Social Crisis

The financial meltdown has unleashed a latent and emergent social crisis across the United States. 

What is at stake is the fraudulent confiscation of lifelong savings and pension funds, the appropriation of tax revenues to finance the trillion dollar “bank bailouts”, which ultimately serve to line the pockets of the richest people in America.   

This economic crisis is in large part the result of financial manipulation and outright fraud to the detriment of entire populations, leading to a renewed wave of corporate bankruptcies, mass unemployment and poverty. 

The criminalization of the global financial system, characterized by a “Shadow Banking” network has resulted in the centralization of bank power and an unprecedented concentration of private wealth. 

Obama’s “economic stimulus” package and budget proposals contribute to a further process of concentration and centralization of bank power, the cumulative effects of which will eventually resul in large scale corporate, bankruptcies, a new wave of foreclosures not to mention fiscal collapse and the downfall of State social programs. (For further details see Michel Chossudovsky, America’s Fiscal Collapse, Global Research, March 2, 2009). 

The cumulative decline of real economic activity backlashes on employment and wages, which in turn leads to a collapse in purchaisng power. The proposed “solution” under the Obama administration contributes to exacerbating rather than alleviating social inequalities and the process of wealth concentration.

Read the rest of this entry »

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