In These New Times

A new paradigm for a post-imperial world

Archive for March, 2009

GMC case on Dr Wakefield falls apart.

Posted by seumasach on March 14, 2009

The case against Dr Wakefield has become a cause celebre for the Pharmaceuticals lobby and its payroll of politicians, experts, journos and sycophants. Now their treachery is being exposed and despair is setting in: witness the decision of Professor David Salisbury to prosecute One Click Group

The distortion of and politicisation of science at the service of the oligarchy is one of the central political issues of our time. The exposure of the networks which provide “expert” cover for the nefarious activities of Big Pharma, the telecommunications companies, the GM crops lobby and others is an increasingly urgent task.

Government and drug companies need back-up plan as GMC case on Dr Wakefield falls apart.

Christina England

American Chronicle

20th February, 2009

It is fast beginning to look as if the ‘Wakefield’ case was a put up job by British Journalist Brian Deer. Dr Wakefield is a British doctor who is being investigated for ‘Serious Professional Misconduct’ by the British General Medical Council for his claims that the MMR is linked to Autism and a painful bowel condition. It is rumored that Mr Deer has wagered a 10 year hate campaign on Dr Andrew Wakefield. He has written a series of extremely damaging articles in a British top selling newspaper ‘The Sunday Times’. It has now been revealed that he is the complainant behind the GMC complaint which has seen three top doctors Dr Andrew Wakefield, Dr Simon Murch and Professor Walker-Smith, face being struck of the medical register for serious professional misconduct and he has a hate website dedicated to Dr Andrew Wakefield which can only be described slanderous.

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Germany and France reject Brown’s global economic recovery plan

Posted by seumasach on March 14, 2009

Reason has prevailed and most countries don’t want to channel every penny they have the way of a chosen banker elite. The plan’s other key element, the use of a recapitalised IMF to force through the policies of Washington and London also appears to have come to nothing:

Finance ministers and central bankers said the IMF’s resources should be increased “very substantially”, from their current level, to prevent developing countries suffering disproportionately from the credit squeeze; but they offered no immediate commitment to provide new funds.

Brown is a poor player and his one hour strutting and fretting on the global stage is now up. His plan is “a tale told by an idiot, full of sound and fury, signifying nothing”

Guardian

14th March, 2009

Gordon Brown‘s hopes of uniting the world’s most powerful economies behind a massive new package of tax cuts and public spending increases were in ruins today after he failed to persuade France and Germany to back his plan to revive the world economy.

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Full text of BRIC countries joint communique

Posted by seumasach on March 14, 2009

This rebalancing of existing global institutions to
reflect multipolarity is a moment in the reform of
these institutions leading ultimately to their
refoundation on the basis of a new paradigm

March 14 (Reuters) – Issuing their first-ever communique at
a G20 finance ministers’ meeting, Brazil, China, Russia and
India have called for a bigger voice on international bodies —
signalling their growing political resolve to influence global
affairs. [ID:nLE152911]

Following is the text of the statement:
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IMF, World Bank must be fair to big developing nations – Medvedev

Posted by seumasach on March 14, 2009

MOSCOW, March 14 (RIA Novosti) – International financial organizations should be more fair in their treatment of the countries with the largest developing economies, including to Russia, President Dmitry Medvedev said on Saturday. Read the rest of this entry »

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G20 ministers meet amid rifts

Posted by seumasach on March 14, 2009


“The summit is also expected to call for an increase in funding for the International Monetary Fund (IMF).

However, Brazil, China, India and Russia said they would not contribute extra money until their voting power at the IMF rises. The IMF voting structure gives greater voting power to the US and Europe in the agency’s decisions.”

The BRIC alliance has emerged as a counterpole to US/UK hegemony and is here frustrating Brown’s plan to use the IMF to gain control of the global economy

PressTV

14th March, 2009

Finance ministers and central bankers from the Group of 20 have met in London amid rifts on how to tackle the global financial crisis.

The US, supported by Britain, is calling for more government spending to spur growth. European governments, however, want rapid moves to change the rules governing financial markets in addition to massive public expenditure.


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IMF poised to print billions of dollars in ‘global quantitative easing’

Posted by smeddum on March 14, 2009

 

The International Monetary Fund is poised to embark on what analysts have described as “global quantitative easing” by printing billions of dollars worth of a global “super-currency” in an unprecedented new effort to address the economic crisis.

Alistair Darling and senior figures in the US Treasury have been encouraging the Fund to issue hundreds of billions of dollars worth of so-called Special Drawing Rights in the coming months as part of its campaign to prevent the recession from turning into a global depression. Read the rest of this entry »

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China Finally Diversifying Out of the Dollar?

Posted by smeddum on March 14, 2009

THURSDAY, MARCH 12, 2009

GeorgeWashingtonblog

China Finally Diversifying Out of the Dollar? Everyone knows that China has $2 trillion in foreign reserves. Two-thirds of those reserves are said to be denominated in dollars.

But – after years of speculation – there are increasing signs that China is diversifying out of the dollar. Read the rest of this entry »

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Trying Again to Stop Torture: My Formal Statement for the Joint Committee on Human Rights

Posted by seumasach on March 14, 2009

Craig Murray’s Blog

13th March, 2009

WITNESS STATEMENT TO THE PARLIAMENTARY JOINT COMMITTEE ON HUMAN RIGHTS

My name is Craig Murray. I was British Ambassador in Uzbekistan from August 2002 to October 2004.

I had joined the Diplomatic Service in 1984 and became a member of the Foreign and Commonwealth Office’s Senior Management Structure in 1998. I had held a variety of posts including Deputy High Commissioner, Accra (1998 to 2001) and First Secretary Political and Economic, Warsaw (1994 to 1997).
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Updating The Militarization And Annexation Of North America

Posted by seumasach on March 13, 2009

Stephen Lendman

Rense.com

13th March, 2009

The title refers to the Security and Prosperity Partnership of North America (SPP), also known as the North American Union – formerly launched at a March 23, 2005 Waco, Texas meeting attended by George Bush, Mexico’s President Vincente Fox, and Canadian Prime Minister Paul Martin. It’s for a tri-national agreement, below the radar, for greater economic, political, and security integration with secret business and government working groups devising binding policies with no public knowledge or legislative debate.
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AIG Spells Out What a Run On Insurers Would Mean

Posted by seumasach on March 13, 2009

David Goldmann

Asia Times Blog

12th March, 2009

What happens if insurance policyholders lose confidence in their provider and cash in their policies? It’s a run on the insurance industry, same as a run on the banks — except the regulators have no obvious mechanism to stop it. This could blindside the system in a big way. The academic tinkerers (Roubini, Krugman) who propose nationalizing the banks and haircutting their debt didn’t think about this one. But AIG did. An AIG presentation to Congress on the consquences of its failure was posted today on the Financial Times “Alphaville” blog. It is one of the more entertaiing things to circulate in the course of the crisis.

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Before the stampede

Posted by seumasach on March 13, 2009

Here the so-called flight to safety, to US government bonds, is presented as the next bubble to burst bringing a second wave of economic destruction in its wake.

W.Joseph Stroupe

Asia Times

14th March, 2009

Increasingly ominous clouds are gathering in what could soon be the perfect storm against the United States dollar and against the present dollar-centric global financial order.
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