Archive for July, 2008
Posted by alfied on July 12, 2008
The Zimbabwe Herald
May the good Lord please help us! We seem to be living through an evil hour. Take this white woman journalist called Christina Lamb. I happen to have met her once. Quite unattractive and rather indifferent to femininity, she comes across as quite feeble and charitable, totally foreign to any harm to anyone, least of all a country. Until you discover her deadly side beneath this misleading patina of fragility. To the Empire, she is John Simpson’s female equivalent in print journalism. Or better still Chris McGreal’s female equivalent. She is M-16 affiliated; she gets her cue from the Foreign and Commonwealth Office. Once the Empire defines the enemy, she builds formidable propaganda against those the British establishment seek to destroy. Alongside the other two, and joined by a youthful intern at the Telegraph, David Blair, she is part of Britain’s propaganda frontline. This is a very useful brief to understanding what follows. Read the rest of this entry »
Posted in Zimbabwe | Tagged: British lunatics | Leave a Comment »
Posted by smeddum on July 12, 2008
Asian Times
By Gareth Porter
WASHINGTON – Iraqi Prime Minister Nuri al-Maliki’s demand for a timetable for complete United States military withdrawal from Iraq, confirmed on Tuesday by his National Security Adviser Mowaffak al-Rubaie, has signaled the almost certain defeat of the George W Bush administration’s aim of establishing a long-term military presence in the country. Read the rest of this entry »
Posted in Iraq | Tagged: Iraq | Leave a Comment »
Posted by seumasach on July 12, 2008
“It is unclear if Mr Paulson can delay a state bail-out for long. “There is concern that Fannie, Freddie, and Lehman will not be around on Monday,” said one analyst.”
Ambrose Evans-Pritchard
Daily Telegraph
11th July, 2008
The Dow Jones index has plunged below 11,000 for the first time in two years in a fresh rout of bank shares after US Treasury Secretary Hank Paulson dashed hopes for an imminent bail-out of mortgage giants Fannie Mae and Freddie Mac.
Read the rest of this entry »
Posted in Financial crisis | Tagged: fannie and freddie | Leave a Comment »
Posted by seumasach on July 11, 2008
By Chan Akya
Asia Times
12th July, 2008
Oscar Wilde once described the British aristocracy’s peculiar predilection for fox hunting as the “Unspeakable in pursuit of the Inedible”. In today’s world, the ruling elites in most countries tend to focus their attention on saving their respective financial sectors, with a view to ensuring systemic stability even as idiosyncratic failures abound (see The New Brahmins, Asia Times Online, March 29, 2008). Much like fox hunting, where scores of hounds and teams of horsemen come back with a mangy fox or two, pickings from financial sector rescues tend to be quite slim.
Read the rest of this entry »
Posted in Financial crisis | Tagged: fanny and freddie | Leave a Comment »
Posted by seumasach on July 11, 2008
The Raw Story
10th july, 2008
Talks between a senior US state department official and Argentine President Cristina Kirchner here Thursday were to be dominated by concerns over US reactivation of a navy fleet for Latin America, a government official said.
Read the rest of this entry »
Posted in Drive to Global War | Tagged: fourth fleet | Leave a Comment »
Posted by smeddum on July 11, 2008
PRESS RELEASE EIR
LaRouche: ‘The Fannie/Freddie Crisis Is the Collapse of the Greenspan Bubble’
July 11, 2008–This release was issued on July 10 by the Lyndon LaRouche Political Action Committee (LPAC).
The intensifying crisis of the government-backed mortgage enterprises Fannie Mae and Freddie Mac “signals the final collapse of the Greenspan bubble,” economist and Democratic statesman Lyndon LaRouche commented today. “This is not a crisis of these two institutions,” LaRouche emphasized. “It is the concentrated collapse of the entire globalized debt bubble Greenspan created—falsely called the ‘U.S. subprime mortgage bubble’—falling onto these two institutions. And it signals that the next phase is the total explosion of entire financial system.” Read the rest of this entry »
Posted in Financial crisis | Tagged: Financial crisis | 2 Comments »
Posted by smeddum on July 11, 2008
By Netfa Freeman AfricaSpeaks
July 10, 2008
blackcommentator.com
Like some BlackCommentator.com commentaries of the last two weeks, accounts of the situation in Zimbabwe by Africa advocacy organizations are virtually identical to those of corporate media, UK and US government officials. Solidarity With The People of Zimbabwe by Nunu Kidane, the quote by featured cartoonist Tony Namate published in the June 26th issue No. 283, and Bill Fletcher’s commentary titled, Mugabe Sworn in Officially…Simultaneously Loses his Legacy, in last week’s issue No. 284 all depict Zimbabwe as descending to hell in a hand basket at the hands of a despotic Mugabe. Read the rest of this entry »
Posted in Zimbabwe | Tagged: Zimbabwe | Leave a Comment »
Posted by smeddum on July 11, 2008
Mchael Evans, Defence Editor Times Online
The Ministry of Defence faces a series of huge compensation claims for alleged abuse by troops in Iraq after agreeing a settlement of £2.8 million over the death of a civilian in custody.
Lawyers acting for the father of Baha Musa, a 26-year-old Iraqi hotel receptionist who died after suffering 93 injuries at a detention centre in Basra in 2003, said that the deal would “give confidence” to others to come forward with mistreatment claims. Read the rest of this entry »
Posted in Iraq | Tagged: Iraq, torture | Leave a Comment »
Posted by seumasach on July 11, 2008
Gareth Porter (IPSNews)
WASHINGTON, Jul 10 (IPS) – Prime Minister Nouri al-Maliki’s demand for a timetable for complete U.S. military withdrawal from Iraq, confirmed Tuesday by his national security adviser Mowaffak al-Rubaie, has signaled the almost certain defeat of the George W. Bush Read the rest of this entry »
Posted in Iraq | Tagged: iraq withdrawal | 2 Comments »
Posted by seumasach on July 10, 2008
The Russian government last night warned Britain that it must deny allegations by its security officials that the Kremlin was involved in the murder of Alexander Litvinenko and threatened to further downgrade the bilateral relationship if this did not happen.
Read the rest of this entry »
Posted in Multipolar world | Tagged: litvinenko case | Leave a Comment »
In These New Times 