In These New Times

A new paradigm for a post-imperial world

Archive for November, 2010

British government appeals against MI5 decision

Posted by seumasach on November 10, 2010

PressTV

10th November, 2010

The British government is to appeal against a coroner’s order after the investigations, by which MI5 evidence should be heard in open court.

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Iran: Britain hosts anti-Iran groups

Posted by seumasach on November 10, 2010

PressTV

10th November, 2010

Britain is giving host to both terror groups who perpetrate terrorist activities inside and/or conduct soft war against the Islamic Republic, Intelligence minister says.

In an exclusive interview with Press TV, Intelligence Minister Heydar Moslehi questioned the UK government’s move in which the British lawmakers removed the renowned anti-Iran terrorist group Mujahedin Khalq Organization (MKO) from its blacklist.

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Folly of QE2

Posted by seumasach on November 9, 2010

Doug Noland

Asia Times

9th November, 2010

The late-July arrival of St Louis Federal Reserve President James Bullard’s monetary policy white paper commenced serious discussion regarding a second round of quantitative easing – or QE2 – in the United States. From August lows, the S&P500 has gained almost 18%, the S&P400 Mid-Caps 21%, and the small cap Russell 2000 25%.

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Oman: Western hegemony ‘huge blunder’‎

Posted by seumasach on November 9, 2010

PressTV

9th November, 2010

Omani Foreign Minister Yusuf bin Alawi bin Abdullah has lashed out at big powers over their hegemonic approach in the region and the world, calling it a blatant error.

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UK’s total debt forecast to hit £10 trillion by 2015

Posted by seumasach on November 9, 2010

Telegraph

9th November, 2010

Property-related borrowing and lending between financial institutions helped the collected debt of households, businesses and government balloon from roughly twice gross domestic product (GDP) in 1987 to around 5.4 times by 2009, when total debt stood at £7.5 trillion, according to the report.

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Imminent big bank death spiral

Posted by seumasach on November 9, 2010

“The TARP-2 package might be required at least $1.5 trillion, motivated this time by securities violations, defective fraudulent MERS & REMIC devices, and contract fraud, when the specter of class action lawsuits, even with RICO claims, hangs overhead. These are felony crimes, a far cry from a declining market.”

Jim Willie

Financial Sense

27th October, 2010

The mortgage & foreclosure scandal runs so deep that ordinary observers can conclude the US financial foundation is laced with a cancer detectable by ordinary people. The metastasis is visible from the distribution of mortgage bonds into the commercial paper market, money market funds, the bank balance sheets, pension funds under management, foreign central banks, and countless financial funds across the globe. Some primary features of the cancerous tissue material are mortgage bond fraud, major securities violations, absent linkage to property title, income tax evasion, forged foreclosure documents, duplicate property linkage to single mortgage bonds, NINJA (no income, no job or assets) loans to unqualified buyers, and more. In fact, more is revealed it seeems each passing week toward additional facie to high level and systemic fraud. The world is watching. The growing international reaction will be amplified demand for Gold, from recognition that the USDollar & USEconomy have RICO racketeering components extending to Wall Street banks and Fannie Mae mortgage repositories.

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China calls for unity against US “indirect exchange rate manipulation”

Posted by seumasach on November 8, 2010

Times of India

8th November, 2010

The US Federal Reserve’s decision to pour more money into the economy is a form of indirect currency manipulation that could spark a global collapse, a Chinese state-run newspaper said on Monday.

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Important review on biological effects of antennas by Levitt and Lai 2010

Posted by seumasach on November 7, 2010

Magda Havas

5th November, 2010.

 

Important review of the biological effects for those living near antennas was just published in Environmental Reviews, a Journal of the Canadian National Research Council.

Levitt, BB and H. Lai.  2010. Biological effects from exposure to electromagnetic radiation emitted by cell tower base stations and other antenna arrays.  Environmental Reviews 18:369-395.

This paper written by Blake Levitt, an award winning medical science writer, and Dr. Henry Lai at the University of Washington, one of the first scientist along with his colleague Dr. Singh to document DNA damage attributed to cell phone radiation, follows on the heals of a Private Member’s Bill introduced to the Ontario Legislative Assemble by NDP Health Critic, France Gelinas, asking thatwarning labels be posted on cell phones.

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Posted in Studies and statements showing mobile phone health risk | Tagged: | 2 Comments »

Obama walks a tightrope in India

Posted by seumasach on November 7, 2010

Air Commodore (R) Khalid Iqbal

Opinion Maker

6th November, 2010

 

While in India, President Obama is poised to walk a tight rope. Pre-trip speculations in India, centred on unrealistic “deliverables” like agreements on export controls, resolution of the nuclear liability problem, military supply agreements, cooperation in the domain of upper space, American nod for a permanent seat in UNSC etc. Actually Obama does not have a “deliverable” of the size and magnitude of what his predecessors had. There will be a few run of the mill agreements on security and economic cooperation, including on military sales like C17 military transport aircraft. There could be symbolic touching of some other domains as well. Gap between the expectations and the reality of this summit is likely to be enormous which could be made-up by louder oratory about renewed commitment of close cooperation on high sounding ideals, mostly the intangibles.

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Currency wars for dummies

Posted by seumasach on November 7, 2010

 

How the United States is Hyperventilating the World

David Chu

Three monks were walking back from a Dharma teaching with their Master. As they arrived back

at their village they noticed a flag on a post, fluttering in the wind. The first student looks up says,

“I see a flag flapping.” The next student looks up and, trying to out-do the first, says, “No, I see

the wind flapping.” The third student even more sure of his superior understanding, glances up

and says, “I see the mind flapping.”

Then their Master looks up and says, “And I see mouths flapping!” [1]

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The rest of the world goes West when America prints more money

Posted by seumasach on November 7, 2010

A section of the British elite seems to be beginning to see reason. But are they prepared to resist a new bailout and put the banks through bankruptcy?: this will be the crux of the matter.

Liam Halligan

Telegraph

6th November, 2010

America is now isolated and the rest of the world is furious. The widespread use of capital controls and even a lurch into 1930s-style protectionism are both far more likely than just a few days ago.

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Posted in Multipolar world | Tagged: | 2 Comments »