Author Archive
New partners sign up for South Stream
Posted by seumasach on May 16, 2009
Posted in Multipolar world | Tagged: EU-Russian relations, Russian diplomacy, South Stream | Leave a Comment »
Paul Craig Roberts:USA no longer ruled by law
Posted by seumasach on May 16, 2009
Posted in Uncategorized | Tagged: coup d'etat in America, Obama agenda | Leave a Comment »
NATO – Fun And Games in Georgia
Posted by seumasach on May 14, 2009
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Posted in New Cold War | Tagged: Collective Security Treaty Organization (CSTO), New Cold War, Obama agenda, SCO | Leave a Comment »
Banks ‘may need more state aid’, Bank of England warns
Posted by seumasach on May 14, 2009
“There is a big difference in practice between the levels of capital banks need to be stabilised… and those required to persuade banks to exhibit normal levels of risk-aversion. How big that gap is is impossible to say… but it looks as if it will be quite big.”
We have lost everything, unless we’re a bank, except that peculiarly Brit gift for understatement. Roughly speaking the above translates as: how much do we have to give banks in order that they lend something back to us? Quite a lot I’d say, old chap.
Mervyn King said although banks’ survival had been assured by recent bail-outs, they would not start lending freely unless more capital was pumped into their balance sheets.
Posted in Financial crisis | Tagged: Financial crisis, stop the bailout | Leave a Comment »
UK stakes claim to huge area of South Atlantic seabed
Posted by seumasach on May 12, 2009
That the Brit’s defence of the “sovereignty”of the Falklands Islands was more than just symbolic is now patently clear. Our response must be equally forthright:
Las Malvinas son de Argentina!
11th May, 2009
A vast tract of the South Atlantic seabed – rich in oil and minerals – was formally claimed by the United Kingdom today in defiance of Argentinian opposition.
Posted in Uncategorized | Tagged: Las Malvinas son de Argentina | Leave a Comment »
Comrade Callinicos: prepare for period of slow growth!
Posted by seumasach on May 9, 2009
Nothing is more amusing than listening to the fogeys of the British Marxist left on the crisis.
What is the answer to the question which Comrade Callinicos poses here? Basically, yes!- it’s business as usual as capitalism has its own correcting mechanisms.
“Fortunately, this decline will not continue indefinitely. Free market economists are not completely wrong to say that there are self-correcting mechanisms that will work to push output upwards’
But beware! A faction within the bourgeoisie are intent on foiling New Labour’s neo-keynesian counter crisis policy. This is led by a fiendish combination of the Germans and the Tories.
“A powerful faction – headed internationally by the German government – argues that higher government borrowing will simply pile up government debt, adding to the burden on the economy”
So we must brace ourselves for “a long period of slow growth’.
Time to allow the revolutionary vanguard to prepare for the crisis of capitalism.
Will the global economy recover?
Alex Callinicos
5th May, 2009
The idea that the green shoots of economic recovery are sprouting everywhere has become entrenched among a layer of economic pundits. They cite the fact that the stock markets have been rising quite strongly.
Posted in Financial crisis | 1 Comment »
Perhaps somebody should send Gordon Brown back to school
Posted by seumasach on May 9, 2009
Alda
8th May, 2009
Old Gordon Brown appears not to have all his cups in the cupboard, as the Germans would say. During question time in the British parliament last Wednesday he claimed that Britain was in the process of negotiating with the International Monetary Fund and other institutions on how to collect from Icelandic authorities the money they owe as a result of the collapse of Iceland’s banks.
Posted in Revolution in Iceland | Tagged: Revolution in Iceland | Leave a Comment »
US pro-Israeli group attempts to stop shift in White House Middle East policy
Posted by seumasach on May 9, 2009
6th May, 2009
US congressional leaders and the most powerful pro-Israel lobby group in the US are attempting to forestall a significant shift in the White House’s Middle East policy.
Posted in Uncategorized | Tagged: AIPAC, Obama agenda | 1 Comment »
Concerns grow for future of wild honey bees
Posted by seumasach on May 9, 2009
The disappearance of wild bees isn’t particularly suggestive of a pesticide connection. Nor is this “let’s have more research to show why it’s pesticides” a particularly scientific approach. It’s a disappointing one from the Moray beekeepers who are perfectly aware of the EM radiation hypothesis as this article by beekeeper, Marion Lang, shows. I would have thought political correctness a scant compensation for the disaster we’ve got coming to us and that the failure of the experts to produce a coherent explanation for CCD was a good reason to consider all possibilities.
See also:
5th May, 2009
Moray beekeepers are calling for further research into pesticides amid concerns they may threaten the existence of the honey bee species.
Posted in Colony Collapse Disorder | Tagged: CCD and pesticides | Leave a Comment »
La Era esta Pariendo un Corazon
Posted by seumasach on May 8, 2009
La Era esta Pariendo un Corazon- (Silvio Rodriguez)
The Era is Giving Birth to a Heart
Le he preguntado a mi sombra
a ver como ando para reírme,
mientras el llanto, con voz de templo,
rompe en la sala
regando el tiempo.
[I asked my shadow
what I must do to laugh again,
while my tears, with the voice of a temple,
burst into the room
watering times as it passes.]
Mi sombra dice que reírse
es ver los llantos como mi llanto,
y me he callado, desesperado
y escucho entonces:
la tierra llora.
[My shadow says that to smile
is to see all tears as my tears,
and silently, in despair,
I hear the earth weep.]
La era está pariendo un corazón,
no puede más, se muere de dolor
y hay que acudir corriendo
pues se cae el porvenir.
En cualquier selva del mundo,
en cualquier calle.
[The era is giving birth to a heart,
it can’t go on, it is dying of pain,
we must run to help,
our future is collapsing.
In whichever jungle
or street, in the world, you are in]
Debo dejar la casa y el sillón,
la madre vive hasta que muere el sol,
y hay que quemar el cielo si es preciso
por vivir.
Por cualquier hombre del mundo,
por cualquier casa.
[I must leave home and my armchair,
where my mother will live until the sun is extinguished,
We must set the sky alight
if necessary to live.
Wherever you are in the world,
in whichever house]
Posted in Uncategorized | Leave a Comment »
” Web of Debt”: The Inner Workings of the Monetary System
Posted by seumasach on May 7, 2009
A review of Ellen Brown’s book
Stephen Lendman
6th May, 2009
This is the first of several articles on Ellen Brown’s superb 2007 book titled “Web of Debt,” now updated in a December 2008 third edition. It tells “the shocking truth about our money system, (how it) trapped us in debt, and how we can break free.” Given today’s global economic crisis, it’s an appropriate time to review it and urge readers to digest the entire work, easily gotten through Amazon or Brown’s webofdebt.com site. Her book is a remarkable achievement – in its scope, depth, and importance.
Posted in Financial crisis | Tagged: financial oligarchy, national credit | Leave a Comment »