Posted by smeddum on June 4, 2009
by Jim Willie, CB. Editor,
June 2, 2009
The rising long-term USTreasury Bond yield has captured attention. The breakout chart for the 10-year Treasury was pointed out here when it rose over 3.1%, hardly a high level. In the first week of May, a target of 3.5% was cited, one easily surpassed. It zoomed to 3.75%, enough to create some waves in the stock market distracted and preoccupied by nonsensical Green Shoots talk on the psychological side and by falsified bank balance sheets on the accounting side. Bigtime stress has come to the USTreasury complex, a story difficult to mask and conceal, since it is at the epicenter of the credit markets. Only on Wall Street can we hear lunacy of less bad economic statistics (framed in sophisticated second derivative arguments) amidst an absolute cavalcade of miserable news on the jobs front, home foreclosure front, and home price front. So the unemployed workers, dispossessed homeowners, and insolvent households will lead the nation on a recovery, while credit approval is much more strictly applied even to the creditworthy among us? Doubtful! Only on Wall Street can we hear of the banks undergoing a healing process when huge credit asset writedowns are replaced instead by convenient ‘Credit Value Adjustments’ as booked profits on their books.
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Posted in Financial crisis, Uncategorized | Tagged: bursting bond bubble | Leave a Comment »
Posted by seumasach on June 4, 2009
Magazine Plazza
28th May, 2009
Mientras Estados Unidos y Europa luchan para salir del pantano del endeudamiento, el desempleo y la deflación, la resistencia de los países BRIC a los embates de la crisis ha sido la grata sorpresa. Brasil, Rusia, India y China se han convertido en un factor de estabilidad y crecimiento logrando producir un desacople del eje Estados Unidos-Japón-Europa.
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Posted in Multipolar world | Tagged: BRIC alliance, Financial crisis, Multipolar world | Leave a Comment »
Posted by seumasach on June 3, 2009
Robert Wenzel
Global Research
2nd June, 2009
The Federal Reserve appears to be increasingly nervous about the long term bond market. This is serious. How panicked are they? After leaking a story on Friday, they are back at it on Sunday.
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Posted in Financial crisis | Leave a Comment »
Posted by seumasach on June 3, 2009
F. William Engdahl
Global Research
3rd June, 2009
The French Government is developing secret plans to impose mandatory vaccination of the entire French population, allegedly against possible Swine Flu disease according to reports leaked in a French newspaper. The plan is without precedent and even defies recommended public health advice. Pharmaceutical giants benefit from the move, as the Swine Flu increases the trend to militarization of public health and use of needless population panic to advance the agenda.
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Posted in Ecological and Public Health Crisis | Tagged: compulsory vaccination, vaccinations and thimerosal | Leave a Comment »
Posted by seumasach on June 3, 2009
Stephen Gowans
What’s Left
31st May, 2009
Colin Powell said we would…turn north Korea into a ‘charcoal briquette,’ I mean that’s the way we talk to north Korea, even though the mainstream meda doesn’t pay attention to that kind of talk. A charocal briquette. (1)
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Posted in Drive to Global War | Tagged: New Cold War, North Korean Missile Test | Leave a Comment »
Posted by smeddum on June 3, 2009
By JOELLEN PERRY
WSJ
JUNE 3, 2009
In a speech on Tuesday in Berlin, Chancellor Angela Merkel expressed ‘great skepticism’ over the clout of central banks and suggested their aggressive moves in Europe, the U.S. and the U.K. might backfire. She is shown here at a rally later in Saarbrücken, Germany, for European Parliamentary elections.
German Chancellor Angela Merkel, in a rare public rebuke of central banks, suggested the European Central Bank and its counterparts in the U.S. and Britain have gone too far in fighting the financial crisis and may be laying the groundwork for another financial blowup. Read the rest of this entry »
Posted in Financial crisis | Tagged: ECB, Financial crisis, Multipolar world, stop the bailout | Leave a Comment »
Posted by smeddum on June 3, 2009
Posted in Financial crisis | Leave a Comment »
Posted by seumasach on June 3, 2009
There was a flurry of articles about the risk of exposure to Wi-Fi, as well as CCD and its link to EM radiation, in the Independent in 2007. They have since gone remarkably quiet. Has someone “had a word”?
“Its surprise ruling – the most damning made by any government on the fast-growing technology – will shake the industry and British ministers, and vindicates the questions that The Independent on Sunday has been raising over the past four months.”
The industry and British ministers remain singularly unshaken.
Geoffrey Lean
Independent
9th September, 2007
People should avoid using Wi-Fi wherever possible because of the risks it may pose to health, the German government has said.
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Posted in Ecological and Public Health Crisis, Studies and statements showing mobile phone health risk | Tagged: eloctromagnetic pollution, EM radiation health hazard, warnings against Wi-Fi | Leave a Comment »
Posted by seumasach on June 3, 2009
Responding to Mr Rigby’s concerns, ESCC spokeswoman Hannah Russell said: “The safety, health and welfare of young people is our top priority and the county council would not install a system that it was not completely satisfied was safe.
What is the basis for this satisfaction?
“This technology meets or exceeds all UK, European and international regulations and health and safety standards.”
This informs us simply that the level of radiation is insufficient to heat body tissue.
“We have taken advice from the Health Protection Agency which has also carried out specific tests on our behalf.”
So the HPA are only just checking it now despite spending years of telling us there is no problem. Perhaps they just want to be extra-specially sure?
And yet, he Chairman of the HPA Sir William Stewart, has noted that, due to exposure, “there may be changes, for example in cognitive function… there were some indications that there may be cancer inductions… there were some molecular biology changes within the cell and these were issues that we had to bear in mind.”
Yes indeed! Certainly worth “bearing in mind” as you commence intensive irradiation of children.
Why is Wi-Fi being switched in France if there is no problem. Why has the German government warned against use of Wi-Fi. Is this just one more reason for leaving the EU, so we can contaminate children without interference from European burocrats?
See also:
Clusters of Illness. Clusters of Distress- By Products of a Wirreless Age All Predicted
This is Sussex
29th May, 2009
FEARS that telecommunication masts being built at schools across the county may pose a health hazard to pupils and local residents are unfounded say East Sussex County Council.
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Posted in Uncategorized | Tagged: electromagnetic pollution, EM radiation health hazard, Health Protection Agency, warnings against Wi-Fi | Leave a Comment »
Posted by seumasach on June 3, 2009
Vandana Shiva
voltairenet.org
23rd May, 2009
The factors that have caused 200,000 suicides in India are rooted in the policies of trade liberalization and corporate globalization which ensnare farmers in a spiral of indebtedness, generating despair.
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Posted in Ecological and Public Health Crisis | Tagged: GM crops, WTO | Leave a Comment »
In These New Times 