In These New Times

A new paradigm for a post-imperial world

Two men arrested in Mumbai attacks-But questions fly after Kashmir police say suspect in cellphone connection is their undercover agent

Posted by seumasach on December 7, 2008

 

“The implications of Ahmed’s involvement – that Indian agents may have been in touch with the militants and perhaps supplied the SIM cards used in the attacks – added to the list of questions about India’s ill-trained security forces, which are widely blamed for not thwarting the attacks.”

Star

7th December, 2008

SRINAGAR, India–One of the two Indian men arrested for buying mobile phone cards used by the gunmen in the Mumbai attacks was a counterinsurgency police officer who may have been on an undercover mission, security officials said yesterday in demanding his release.

The arrests, announced in the eastern city of Calcutta, were the first since the bloody siege ended.

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Taliban fighters destroy crucial Nato supplies in Pakistan

Posted by seumasach on December 7, 2008

 

 

destroyed Humvees and military trucks at the Portward Logistic Terminal in Peshawar

Destroyed Humvees and military trucks at the Portward Logistic Terminal in Peshawar, Pakistan Photo: AP

The gunmen overpowered and disarmed the security guards, before setting fire to the vehicles, many of which were laden with Humvee armoured cars intended for Western forces.

About three quarters of all the ammunition, food, weapons and other supplies needed by Nato’s troops in Afghanistan, including 8,000 British soldiers, pass through Pakistan. The Taliban have clearly identified this route as a crucial vulnerability.

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A Loud Silence-That’s the response from the “antiwar” wing of the Democratic party to Obama’s Iraq sellout

Posted by seumasach on December 7, 2008

 

Justin Raimondo

antiwar.com

5th December, 2008

Is it really possible that President-elect Barack Obama intends to break his campaign promise to “end the war” in Iraq, and keep US troops in that country well beyond the sixteen month timetable for withdrawal he advocated during the campaign?

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Posted in Iraq | Tagged: | 1 Comment »

UNESCO Seminar: “Electromagnetic Fields: Mechanisms Of Action And Potential Threat As A Terrorism Agent”

Posted by seumasach on December 7, 2008

“However EMF also pose direct threats to human health through mechanisms that are poorly understood.”

So there you are then: in certain milieu, where the terrorists in question aren’t O2 or Vodaphone, it’s not even a question for debate.
November 2008

There is more and more use of electricity and RF communication frequencies in both civilian life and for military purposes. The clarification of cellular and molecular mechanisms of their biological effects is extremely important in order to rationally evaluate their harmful effects from the point of public health. Read the rest of this entry »

Posted in Ecological and Public Health Crisis, Studies and statements showing mobile phone health risk | Tagged: , | 1 Comment »

System in Liquidation Panic

Posted by seumasach on December 7, 2008

 

Time To Talk Physical Economy

by John Hoefle

 

December 6 (LPAC)–The bailout, as presented, is addressing the wrong problem by the wrong methods, and is making the situation worse, not better.

Caught in the grip of an accelerating panic, the financial world is demanding that the world’s central banks and governments turn on the printing presses and flood the system with money, far beyond what they have already done. It’s not working, they scream, so we need more, more, more!

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The Disgraceful Sir Michael Wright, A Grovelling Tool of the Police State

Posted by seumasach on December 7, 2008

 

Craig Murray

3rd December, 2008

One of the features of a transition to a police state is that those who should defend our liberties transfer their allegiance to the executive of the state. Viz the Speaker of the House of Commons and the Serjeant at Arms. Now we have a senior coroner. Sir Michael Wright, coroner in the Jean Charles de Menezes inquiry, who has told the jury they are not permitted to return a verdict of unlawful killing.

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Cholera outbreak in Iraq

Posted by smeddum on December 7, 2008

Life in Iraq Has Become “Unbearable,” Economist Stiglitz Says

WRITTEN BY SHERWOOD ROSS Faxts.com

WEDNESDAY, 03 DECEMBER 2008 14:10

The western media, true to form, is blaming Mugabe for the Cholera outbreak in Zimbabwe, without mentioning sanctions or the situation in Iraq

President Bush’s attack on Iraq has made daily life there “unbearable” for most people, two prominent American business authorities write.

“Five years after the United States occupied Iraq with the stated goal of bringing democracy to its people, the war has essentially ruined the country’s economy, society, and sovereignty,” writes Nobel Prize-winner Joseph Stiglitz with Linda Bilmes in “The Three Trillion Dollar War(W.W. Norton).” Bilmes is a former CFO of the U.S. Commerce Department. Read the rest of this entry »

Posted in Ecological and Public Health Crisis, Iraq | Tagged: | Leave a Comment »

Iraqi Parliament Passes Temporary and Conditional Ratification

Posted by seumasach on December 7, 2008

raedinthemiddle.blogspot.com

27th November, 2008

This is a rough translation of what the Iraqi parliament has passed today with a very slim majority (144 MPs instead of the constitutionally required two thirds majority 184 MPs). The good news is that this is not over yet. This will make the law valid for the next six months until the Iraqi people vote on it in a national referendum.

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The Manipulation of Gold prices

Posted by smeddum on December 7, 2008

The Manipulation of Gold Prices

5/12/08
Networknews
There is no other leveraged commodity market where short sellers increase their positions, materially, as the price rises, and increase them even more when prices are exploding, except gold and silver. The reason traders don’t normally do that is that it exposes short sellers to unlimited liability and risk. Yet, in both March and July 2008, and on countless occasions over the past 21 years, vast numbers of new gold and silver short positions were temporarily opened up, with the position holders seemingly unconcerned about the fact that precious metals had just risen exponentially, and that there was a very real potential they would bankrupt themselves with unlimited upside potential. Normal traders would not expose themselves to such unlimited risks. Read the rest of this entry »

Posted in Financial crisis | Tagged: , , , | Leave a Comment »

Motorola downgraded to junk status by S&P

Posted by seumasach on December 6, 2008

 

 

Times

5th December, 2008

Motorola fell into junk territory yesterday after Standard & Poor’s (S&P) downgraded the telecoms company.

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Gold at root of new global crisis

Posted by smeddum on December 6, 2008

RED ALERT: GOLD BACKWARDATION!!!
by Antal E. Fekete,
Gold Standard University Live
December 5, 2008

FinancialSense

December 2, 2008, was a landmark in the saga of the collapsing international monetary system, yet it did not deserve to be reported in the press: gold went to backwardation for the first time ever in history. The facts are as follows: on December 2nd, at the Comex in New York, December gold futures (last delivery: December 31) were quoted at 1.98% discount to spot, while February gold futures (last delivery: February 27, 2009) were quoted at 0.14% discount to spot. (All percentages annualized.) The condition got worse on December 3rd, when the corresponding figures were 2% and 0.29%. This means that the gold basis has turned negative, and the condition of backwardation persisted for at least 48 hours. I am writing this in the wee hours of December 4th, when trading of gold futures has not yet started in New York.

According to the December 3rd Comex delivery report, there are 11,759 notices to take delivery. This represents 1.1759 million ounces of gold, while the Comex-approved warehouses hold 2.9 million ounces. Thus 40% of the total amount will have to be delivered by December 31st. Since not all the gold in the warehouses is available for delivery, Comex supply of gold falls far short of the demand at present rates. Futures markets in gold are breaking down. Paper gold is progressively being discredited. Read the rest of this entry »

Posted in Financial crisis, Uncategorized | Tagged: , , , | 2 Comments »