Archive for May, 2009
Posted by smeddum on May 20, 2009
By Rich Miller
May 19 (Bloomberg) — What the U.S. economy may need is a dose of good old-fashioned inflation.
So say economists including Gregory Mankiw, former White House adviser, and Kenneth Rogoff, who was chief economist at the International Monetary Fund. They argue that a looser rein on inflation would make it easier for debt-strapped consumers and governments to meet their obligations. It might also help the economy by encouraging Americans to spend now rather than later when prices go up. Read the rest of this entry »
Posted in Financial crisis, Uncategorized | Tagged: inflation, inflationary crisis, inflationism | Leave a Comment »
Posted by seumasach on May 20, 2009
The Onion
4th May, 2009
WASHINGTON—After nearly four months of frank, honest, and open dialogue about the failing economy, a weary U.S. populace announced this week that it is once again ready to be lied to about the current state of the financial system.
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Posted in Financial crisis | Tagged: End of empire, financial collapse | Leave a Comment »
Posted by seumasach on May 20, 2009
Obama inherits Cheney’s army of assassins – and promotes their commander
Justin Raimondo
antiwar.com
20th May, 2009
As the story of Bush administration’s war crimes comes out in fits and starts, it appears that torture is only one aspect – and not the worst, by any means – of this horrific history. In an interview in mid-March, Seymour Hersh let slip the following:
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Posted in Afghanistan | Tagged: Afghanistan, Obama agenda | Leave a Comment »
Posted by seumasach on May 20, 2009
National Post
16th May, 2009
“The U. S. should be afraid, very afraid. China is questioning the dollar’s status as a reserve currency and, at US$1,000 an ounce, gold has become the world’s de facto currency.” — John Ing, Maison Placements in CanadaIt is a chilling statement from an expert on both gold and China. But he is speaking the truth: In a G2 world (the United States and China), he who is the piper calls the tune, and China holds a US$2-trillion mortgage on the United States and is not happy. This country, along with others that lend money to the United States, such as Saudi Arabia, will determine the value of the U. S. dollar and gold. And they have spoken. They are not buying more U. S. treasuries and are buying gold as a new asset class. China announced that it was doing so quietly, and recent reports are that the Saudis and others have been buying bullion and hocked gold jewellery from around the world.
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Posted in Financial crisis | Tagged: dollar collapse, gold | Leave a Comment »
Posted by seumasach on May 20, 2009
WEEP Press Release
19th May, 2009
New information on public health concerns and scientific evidence for risks from cell phones and other wireless devices was published recently in current issue of the scientific journal Pathophysiology.
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Posted in Ecological and Public Health Crisis | Tagged: EM radiation health hazard | Leave a Comment »
Posted by smeddum on May 20, 2009
By Glen Ford InformationClearingHouse
May 19, 2009 “BAR” — “Obama will be remembered more for his massive transfers of national wealth to the finance capitalist class, than as the first Black president of the United States.” Read the rest of this entry »
Posted in Financial crisis | Tagged: Obama deception | Leave a Comment »
Posted by seumasach on May 19, 2009
The financial surrealism which has been at the heart of stock market trends, financial indicators and political commentaries in the past two months, is in fact the swan song of the referential framework within which the world has lived since 1945.
Posted in Financial crisis | Leave a Comment »
Posted by seumasach on May 19, 2009
Telegraph
19th May, 2009
For indispensable background to the 7/7 bombings see:
Inside the Crevice- Nafeez Mossadegh Ahmad
Chris Driver-Williams, a former senior IED analyst for the Defence Intelligence Staff said his claim provoked laughter at a meeting of intelligence agencies on the morning of the bombings.
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Posted in Uncategorized | Tagged: "War on Terror", 7/7 bombings | Leave a Comment »
Posted by seumasach on May 18, 2009
Pepe Escobar
Voltairenet.org
14th May, 2009
Nothing of significance takes place in Eurasia without an energy angle. In this insightful analysis, global reporter Pepe Escobar focuses on the ongoing energy struggle across “Pipelineistan” and the Great Game of business, diplomacy and proxy war between Russia and the U.S. He delves into tumultuous Central and South Asia and the “AfPak” battleground. There, U.S. planes and unmanned aerial drones are killing combatants as well as civilians, while, in Afghanistan, Washington continues to build new military bases. Under the carnage of war, courses the Liquid War. Just how the energy flows and through which territories controlled by whom can make – quite literally – a world of difference, even though it rarely captures our attention.
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Posted in Multipolar world | Tagged: Afghanistan, Obama agenda, Russian diplomacy, SCO, the great game | Leave a Comment »
Posted by seumasach on May 18, 2009
Salim Lamrani
Voltairenet.org
18th May, 2009
Le président Obama, qui avait soulevé bien des espoirs en Amérique latine, n’a pas tardé à décevoir. Après avoir annoncé de manière spectaculaire une révision de la politique de Washington à l’égard de Cuba, il s’est dédit. Sur ce point, comme sur bien d’autres, Barack Obama a annulé les excès trop voyants de George W. Bush pour mieux renouer avec la politique impériale classique de ses prédécesseurs.
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Posted in Uncategorized | Tagged: Cuba sanctions, Luis Posada Carriles, Obama agenda | Leave a Comment »
Posted by seumasach on May 18, 2009
Aljazeera
18th May, 2009One item expected to come up in talks is a proposal by the Brazilian president for China and Brazil to conduct bilateral trade through each nation’s currency, cutting out the US dollar as an intermediary.
Lula has said he sees his visit as promoting
a “new economic order” Reuters
Brazil’s president has arrived in China for three days of talks expected to focus on broadening ties between two of the world’s largest developing economies and moves to decrease their dependency on the US dollar.
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Posted in Multipolar world | Leave a Comment »
In These New Times 