Sam Zuckerman
7th November, 2008
If you’re a financial institution, it has become a little easier to borrow money. But for most of the rest of us, it’s tougher than ever.
Author Archive
Banks ease credit for themselves but not you
Posted by seumasach on November 9, 2008
Posted in Uncategorized | Tagged: credit crunch, financial collapse | Leave a Comment »
Elite combat brigade for homeland security missions raises ire of ACLU
Posted by seumasach on November 9, 2008
Erin Rosa
2nd november, 2008
In the next three years the military plans to activate and train an estimated 4,700 service members for specialized domestic operations, according to Air Force Gen. Gene Renuart, commander of U.S. Northern Command, which was created in 2002 for homeland defense missions.
Posted in Uncategorized | Tagged: "War on Terror", coup d'etat in America, northern command, posse comitatus | Leave a Comment »
Russia is back and Latin America is its new play ground
Posted by seumasach on November 9, 2008
3rd November, 2008
For almost two decades, even long after its turn around in 1999, the Russian elites continued to believe in the West, much longer than they ever should have. To that end, Russia refrained from encroaching on the American play ground, Latin America. With the Monroe Doctrine, the US has seen to Latin America, especially to Central America, as it’s personal play ground, where national governments are over thrown as would be and policies are shoved down everyone’s throats as desired. The area was kept hands off by Russia, even while the West continued, driven primarily by the Anglo-Americans, to surround and encapsulate Russia from all sides. Outside of some weapons sales to Venezuela or some nice words to Cuba, Russia was gone from Latin America and with no plans on returning.
Posted in Multipolar world | Tagged: Russian diplomacy | 1 Comment »
Epochal Transformation Accelerates As Global Financial Matrix Disintegrates
Posted by seumasach on November 8, 2008
T. Anthony Michael
truthseeker2@embarqmail.com
11/07/08
Now that the genie is out of the bottle, worldwide economic, political and social events will proceed with the inexorable force of destiny. The forthcoming changes, shifts and breaks with the past that are delineated below do concern the unsavory business of WHAT, positively, will not be brought into the future. This is of critical importance. Why? Because those who do not know, and understand, and heed history, are always, always forced to repeat it.
Posted in Financial crisis | Tagged: financial collapse, new paradigm | Leave a Comment »
Ban bonus payouts to bankers
Posted by seumasach on November 7, 2008
Rather a weak demand by the SWP: why don’t they want nationalisation of the banks? Still, it’s a good article and confirms points we made at the time.
by Simon Basketter
4th november, 2008
Bailed out banks dish out bonuses, while Gordon Brown hands over control to City sharks
Posted in Financial crisis | Tagged: bailout, financial collapse | Leave a Comment »
Georgians stage anti-Saakashvili rally
Posted by seumasach on November 7, 2008
Georgian oppositionists have staged the first rally in a series of demonstrations calling on President Mikheil Saakashvili to step down.
Posted in Uncategorized | Tagged: georgia | Leave a Comment »
Berlin Chamber of Industry and Commerce Calls for Total Ban of Derivatives, Short Selling
Posted by seumasach on November 7, 2008
Nov. 6, 2008 (LPAC)–At a noon press conference today, Eric Schweitzer, president of the Berlin Chamber of Industry and Commerce (IHK Berlin), said that he has been forced by the dramatic Economic developments of the past few weeks to change a report he had previously delivered in September, since events have superseded its conclusions:
“The effects of the crisis on the real economy are immense, in the automobile sector and the export industries, and the downturn in construction which existed before the most recent developments, has been exacerbated. There is urgent need for state intervention, and especially for tighter regulation of the financial sphere; and that, regulation of speculative activity would not be enough, but that a total ban of these kinds of dealings, which are destructive from the standpoint of industrial firms, is necessary.” Schweitzer also called for completely banning short-selling, adding that controls over the banking sector need a real overhaul, apparently, because the existing supervisory and control instruments have not functioned.
Posted in Financial crisis | Tagged: financial collapse | Leave a Comment »
Put The System Into Bankruptcy Now: The Bailout Is Killing The Economy
Posted by seumasach on November 7, 2008
November 6, 2008 (LPAC)–The continuing attempt to impose a monetary solution to the bankruptcy of the financial system is not just corrupt and incompetent, but it is also killing what remains of the global economy. Trillions of dollars have been pumped into the banks in the U.S. and Europe, but these banks are nevertheless restricting the issuance of credit to crucial areas of the economy. Of particular importance is the banks’ shutting off of letters of credit and credit lines to the shippers who move raw materials and more finished goods around the world. The banks are thus shutting down world trade in a foolish–and suicidal–effort to save themselves.
Posted in Financial crisis | Tagged: bailout, financial collapse | Leave a Comment »
Forget the Honeymoon-Getting down to bizness with Obama
Posted by seumasach on November 7, 2008
Justin Raimundo
7th November, 2008
When I hear talk of a “honeymoon” for the President-elect – to last as long assix months, by some accounts – I think: “Fine. You lay off, and I’ll do the same.” But oh no, it doesn’t work that way. Obama has already started in on us, and he hasn’t even taken the oath of office yet. I’m talking about his appointments, starting withRahm Emanuel as his chief of staff.
Posted in Drive to Global War | Tagged: Obama's foreign policy | Leave a Comment »
Argentina reacts angrily to Falklands’ new constitution
Posted by seumasach on November 7, 2008
7th November, 2008
Argentina sharply criticised on Thursday Britain’s approval of a new constitution for the disputed Falkland Islands, saying it had lodged a formal complaint with London for which is had summoned UK’s Chargé d’Affairs in Buenos Aires.
Posted in Drive to Global War | Tagged: malvinas | Leave a Comment »
Venezuela To Nationalize Largest Gold Mine
Posted by seumasach on November 6, 2008
(RTTNews) – Venezuela’s left-leaning government has decided to nationalize Las Cristinas, the country’s largest gold mine, to boost the South American country’s foreign exchange reserves amid the global financial crisis, media reports said.
Posted in Uncategorized | Tagged: Bolivarian Revolution | 1 Comment »
