February 12, 2009 (LPAC)–The FBI is targetting 38 major firms for fraud “directly related to the current economic crisis,” according to a top FBI official, and ultimately the number could rise into the hundreds. “These are companies, businesses that everybody knows about,” said John Pistole, the FBI’s Deputy Director.
Archive for February, 2009
FBI Targeting Major Financial Firms for Fraud
Posted by seumasach on February 13, 2009
Posted in Financial crisis | Tagged: financial fraud, stop the bailout | Leave a Comment »
Codex misinformation creates public confusion
Posted by seumasach on February 13, 2009
If you don’t know what Codex is, find out more at the
ANH Codex campaign page
There is presently a lot of information circulating on the internet about Codex—and its potential imminent impact on the banning of food (dietary) supplements including vitamins, minerals and herbs—that is inaccurate.
Posted in Ecological and Public Health Crisis | Tagged: codex alimentarius | Leave a Comment »
U.S. judges admit to jailing children for money
Posted by alfied on February 13, 2009
by Jon Hurdle
PHILADELPHIA (Reuters) – Two judges pleaded guilty on Thursday to accepting more than $2.6 million from a private youth detention center in Pennsylvania in return for giving hundreds of youths and teenagers long sentences. Read the rest of this entry »
Posted in Uncategorized | Tagged: Systematic Corruption | Leave a Comment »
Presidents of Russia, Turkey adopt strategic declaration
Posted by seumasach on February 13, 2009
MOSCOW, February 13 (RIA Novosti) – The presidents of Russia and Turkey adopted a joint declaration following talks in Moscow on Friday to promote ties and enhance bilateral friendship and partnership.
Posted in Multipolar world | Leave a Comment »
Murdock: It’s cold, and people are laughing at global warming..
Posted by smeddum on February 13, 2009
By Deroy Murdock
GHS
Posted Feb 11, 2009
Metrowest Daily
So-called “global warming” has shrunk from problem to punch line. And now, Leftists are laughing, too. It’s hard not to chuckle at the idea of Earth boiling in a carbon cauldron when the news won’t cooperate: Read the rest of this entry »
Posted in Ecological and Public Health Crisis | Tagged: global cooling | Leave a Comment »
Greek vessels lay idle as financial crisis hits shipping –
Posted by smeddum on February 13, 2009
Greek vessels lay idle as financial crisis hits shipping –
: Fri, 13 Feb 2009
Pireaus, Greece – In good times, Greek vessels criss-crossed the seas on global trade routes taking international crews around the world to discharge huge containers full of goods. Today, an eerie calm pervades for miles outside the bustling port of Pireaus, as hundreds of vessels, namely bulkers and tankers float idly, waiting for cargo.
Shipping, normally an industry of peaks and dips, is currently facing one of the worst crisis’ in decades and many experts say the scene off the port of Piraeus, with vessels anchored and awaiting orders is being repeated at dozens of other ports across the world.
“Charter rates for dry cargo vessels are at their lowest since 1985 and this makes it very difficult for vessels to break even after loan installments and operating expenses,” says Giorgos Gratsos, president of the Hellenic Shipping Federation and owner of Standard Bulk Transport. Read the rest of this entry »
Posted in Financial crisis | Tagged: shipping crisis | Leave a Comment »
European finance ministers to attack Alistair Darling over sterling’s slide
Posted by smeddum on February 13, 2009
European finance ministers are planning to round on Alistair Darling and tell him to bring the pound back under control, in what many fear could represent the opening salvo of a “currency war”.
By Edmund Conway, Economics Editor
13 Feb 2009
Telegraph
French and German ministers are expected to confront the Chancellor over sterling’s weakness at the opening dinner for the Group of Seven finance summit in Rome tonight. They will ask him to consider direct action to increase the value of the pound, which has suffered its worst devaluation since at least the final breakdown of the Bretton Woods agreement in the early 1970s. Read the rest of this entry »
Posted in Financial crisis | Leave a Comment »
China’s Economy Shows Signs of Recovery on Stimulus
Posted by smeddum on February 13, 2009
China’s Economy Shows Signs of Recovery on Stimulus
By Kevin Hamlin
Feb. 13 (Bloomberg) — China’s economy is showing signs that a 4 trillion yuan ($585 billion) stimulus package is taking effect.
The world’s third-biggest economy may expand 6.6 percent in the second quarter after slowing to 6.3 percent in the three months to March 31, the weakest pace since 1999, according to the median estimates of 14 economists surveyed by Bloomberg News. Read the rest of this entry »
Posted in Financial crisis | Tagged: China's New Deal | Leave a Comment »
The Big Bee Death
Posted by seumasach on February 12, 2009
Click on above link to see graphics, charts, etc.
Issue 4 April 2007
The mysterious disappearance of
entire bee colonies, which has been ob-
served for several years in many countries,
could soon have grave consequences for
agricultural production.
Posted in Ecological and Public Health Crisis | Tagged: ccd, disappearing bees, ecological disaster | Leave a Comment »
Bubble Economy 2.0: The Financial Recovery Plan from Hell
Posted by seumasach on February 12, 2009
|
Michael Hudson 11th February, 2009 Martin Wolf started off his Financial Times column today (February 11) with the bold question: “Has Barack Obama’s presidency already failed?”[1] The stock market had a similar opinion, plunging 382 points. Having promised “change,” Mr. Obama is giving us more Clinton-Bush via Robert Rubin’s protégé, Tim Geithner. Tuesday’s $2.5 trillion Financial Stabilization Plan to re-inflate the Bubble Economy is basically an extension of the Bush-Paulson giveaway – yet more Rubinomics for financial insiders in the emerging Wall Street trusts. The financial system is to be concentrated into a cartel of just a few giant conglomerates to act as the economy’s central planners and resource allocators. This makes banks the big winners in the game of “chicken” they’ve been playing with Washington, a shakedown holding the economy hostage. “Give us what we want or we’ll plunge the economy into financial crisis.” Washington has given them $9 trillion so far, with promises now of another $2 trillion– and still counting. |
Posted in Financial crisis | Tagged: financial collapse, stop the bailout, Tax real estate! | Leave a Comment »
Taliban storms Afghan Ministries, 26 killed
Posted by seumasach on February 12, 2009
| Eight gunmen wearing suicide vests go on a shooting spree |
— Photo: AP
Under attack: Afghan security personnel take positions near the Afghan Justice Ministry in Kabul following an attack by Taliban gunmen on Wednesday.
KABUL: Taliban gunmen wearing suicide vests stormed the Justice Ministry and another government building in Afghanistan’s capital on Wednesday, killing 26 people ahead of a planned visit by President Barack Obama’s special envoy to the region Richard Holbrooke.
Posted in Afghanistan | Tagged: Afghan resistance, Afghanistan, End of empire | Leave a Comment »
In These New Times 