Latvia’s currency crisis fears spread
June 6, 2009
Worries are intensifying that Latvia’s financial crisis will spread to its Baltic Sea neighbors and to Eastern Europe, economists say. Read the rest of this entry »
Posted by smeddum on June 8, 2009
June 6, 2009
Worries are intensifying that Latvia’s financial crisis will spread to its Baltic Sea neighbors and to Eastern Europe, economists say. Read the rest of this entry »
Posted in Battle for Europe, Financial crisis, Uncategorized | Leave a Comment »
Posted by smeddum on June 7, 2009
Posted in Ecological and Public Health Crisis | Tagged: global warming | Leave a Comment »
Posted by seumasach on June 7, 2009
Hutton renews here the traditional preoccupation of the British oligarchy with chopping off the heads of monarchs. However, I find it quite bizarre to see Gordon Brown presented as a monarch. A puppet might be more apt- he is so obviously subordinate to the City, bestowing unlimited largess on them at unimaginable cost to ourselves. That the extreme concentration of wealth is incompatible with democracy and, ultimately, any viable body politic, seems to have been lost on us. However as I have argued here the oligarchy, on a high after pulling off the bailout heist, now wish to institutionalise the impotence of the executive and the political class in general.
If we are to stand up to these people we need a strong executive So, by all means, reform the legislative, introducing a written constitution with PR. etc.; but recognise that the logical consequence of this is to create a seperate, elected executive. In other words, a presidential system. The piecemeal reforms on offer will not extend democracy but restrict it and subordinate it to oligarchy: a return to what Disraeli dubbed the Venetian System
Confirming this is the fact that in all this debate supposedly about democracy nothing is said about the encroachments of oligarchy, the privatization of every aspect of political life, even the legal system, and such extraordinary abusesas the substitution of unelected, anonymous, unconstitutional bodies such as COBRA for
the cabinet.
Will Hutton
7th June, 2009
I remember Tony Blair early in his premiership discussing cabinet government with Roy Jenkins. Or, rather, not discussing cabinet government. For, as Blair explained, he did not intend cabinet ever to last longer than an hour; the best cabinet was 30 minutes. He planned to drive government from Number 10, using all the powers at his discretion to get his way as fast and efficiently as possible. Jenkins gently reproached his young charge; it would lead to great political mischief, as it did. Think Iraq.
Posted in Uncategorized | Tagged: British oligarchy, constitutional change, End of empire, executive power, stop the bailout, The Venetian system | Leave a Comment »
Posted by seumasach on June 6, 2009
This is Obama’s Cairo speech in full, with my commentaries in italics.
Cailean Bochanan
6th June, 2009
I am honored to be in the timeless city of Cairo, and to be hosted by two remarkable institutions. For over a thousand years, Al-Azhar has stood as a beacon of Islamic learning, and for over a century, Cairo University has been a source of Egypt’s advancement. Together, you represent the harmony between tradition and progress. I am grateful for your hospitality, and the hospitality of the people of Egypt. I am also proud to carry with me the goodwill of the American people, and a greeting of peace from Muslim communities in my country: assalaamu alaykum.
We meet at a time of tension between the United States and Muslims around the world – tension rooted in historical forces that go beyond any current policy debate. The relationship between Islam and the West includes centuries of co-existence and cooperation, but also conflict and religious wars. More recently, tension has been fed by colonialism that denied rights and opportunities to many Muslims, and a Cold War in which Muslim-majority countries were too often treated as proxies without regard to their own aspirations. Moreover, the sweeping change brought by modernity and globalization led many Muslims to view the West as hostile to the traditions of Islam.
No, tension rooted in the continued bombing of Iraq, Afghanistan and Pakistan- it is very much rooted in the present , not in history. “Modernity and globalization” are used here as cheeky little euphemisms for Anglo-American imperialism.
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Posted by smeddum on June 6, 2009
Posted in Uncategorized | Tagged: Alex Jones, Kleptocracy | Leave a Comment »
Posted by smeddum on June 6, 2009
China says IMF wrong to question Congo deal
Tue Jun 2, 2009
By Joe Bavier
KINSHASA (Reuters) – The IMF must present new arguments to justify its call for changes to a $9 billion infrastructure-for-minerals deal between China and Democratic Republic of Congo, China’s ambassador to the country said on Tuesday.
International Monetary Fund officials worry the contract, a key element of President Joseph Kabila’s post-war economic policy, will plunge the central African nation deeper into debt, and have delayed forgiveness of most of the $10 billion Congo already owes. Read the rest of this entry »
Posted in Multipolar world | Tagged: China, congo, IMF | Leave a Comment »
Posted by seumasach on June 5, 2009
Domenico Losurdo
3rd June, 2009
Il y a 20 ans, Zhao Ziyang tentait de prendre le pouvoir en Chine avec l’appui de la CIA. Ce qui devait être la première « révolution colorée » de l’Histoire échoua. Dans une présentation totalement tronquée, la propagande atlantiste a imposé l’image d’un soulèvement populaire écrasé dans le sang par la cruelle dictature communiste. La presse occidentale en célèbre aujourd’hui l’anniversaire en grande pompe pour mieux dénigrer la Chine populaire, devenue seconde puissance économique du monde. Domenico Losurdo revient sur cette grande manipulation.

Ces jours-ci la grande presse d’ « information » s’emploie à rappeler le vingtième anniversaire du « massacre » de la place Tienanmen. Les évocations « émues » des événements, les interviews des « dissidents » et les éditoriaux « indignés », les multiples articles qui se succèdent et se préparent visent à recouvrir d’infamie perpétuelle la République Populaire de Chine, et à rendre un hommage solennel à la civilisation supérieure de l’Occident libéral. Mais qu’est-il réellement advenu il y a vingt ans ?
Posted in Uncategorized | Tagged: China, Colour Revolutions, Zhao Ziyang | Leave a Comment »
Posted by seumasach on June 5, 2009
Les États-Unis ne considèrent plus les peuples musulmans comme leur ennemi parce qu’ils ne sont pas parvenus à les écraser.
Thierry Meyssan
5th June, 2009
Le président des États-Unis a tendu la main aux musulmans lors d’un discours très médiatisé au Caire. Il entendait ainsi tourner la désastreuse page de la « croisade » bushienne au Grand Moyen-Orient. Toutefois, dans cet exercice de relations publiques, les envolées lyriques ont remplacé les clarifications nécessaires, tandis qu’apparaissaient les nouveaux appétits de Washington.
Posted in Palestine | Tagged: Obama agenda, Palestine | Leave a Comment »
Posted by seumasach on June 5, 2009
5th June, 2009
Iraq’s senior cleric Moqtada al-Sadr says Barack Obama’s speech indicates that the US wants to take a different avenue to bring the world under its control.
Posted in Iraq | Tagged: Iraq, iraq withdrawal, Obama agenda | Leave a Comment »
Posted by seumasach on June 5, 2009
5th June, 2009
Number of US contractors working in Iraq and Afghanistan is on the rise despite Washington claims that it would withdraw forces from both countries within years.
Posted in Afghanistan, Drive to Global War, Iraq | Tagged: mercenaries, privatizing war | 1 Comment »
Posted by seumasach on June 5, 2009
Paul Craig Roberts
3rd June, 2009
Economic news remains focused on banks and housing, while the threat mounts to the US dollar from massive federal budget deficits in fiscal years 2009 and 2010.
Posted in Financial crisis | Tagged: Chinese soft power, End of empire, reserve currency status of dollar | Leave a Comment »