In These New Times

A new paradigm for a post-imperial world

Kosovo’s dirty secret: the background to Germany’s Secret Service affair

Posted by seumasach on December 1, 2008

Peter Schwarz

WSWS

1st December, 2008

The arrest of three German secret service agents in Kosovo exposes the sort of society that has been developed with German and American support in this former part of Yugoslavia—one mired in corruption, organised crime and secret service plots. 

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Is the UK moving closer to adopting the euro?

Posted by seumasach on December 1, 2008

 

connectingindustry.com

1st December, 2008

See also:

The Euro-Is Mandelson thinking the unthinkable?

The effects of the global credit crunch are forcing British politicians to re-evaluate the benefits of the UK adopting the euro, according to European Commission president Jose Manuel Barroso.

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“Oops, We Meant $7 Trillion!”

Posted by smeddum on December 1, 2008

“OOPS, WE MEANT $7 TRILLION!”
WHAT HANK AND BEN ARE UP TO AND HOW THEY PLAN TO PAY FOR IT ALL

Ellen Brown, November 30th, 2008
www.webofdebt.com/articles/oops.php

“We make money the old fashioned way. We print it.”
– Art Rolnick, Chief Economist for the Minneapolis Federal Reserve Bank

The $700 billion that was arm-twisted from Congress by Treasury Secretary Hank Paulson in October was evidently just the camel’s nose under the tent. According to a November 24 Bloomberg report, the Paulson/Bernanke team is now prepared to pay $7.76 trillion to rescue the financial system.[1] Prepared to pay how? Congress has not raised its debt ceiling to anywhere near that level; but the approval of Congress, which originally voted down the controversial $700 billion bailout, is apparently no longer necessary. The door has been opened, and the Treasury Secretary and Fed Chairman feel they can now pledge whatever they want. Perhaps they are inching up a zero at a time just to see what the public’s tolerance is for unrepayable debt. The new sum – $7.76 trillion – represents $25,000 for every citizen in the country, or half the value of everything produced in the nation last year; yet it’s not clear that a mere half of our net worth will rescue the financial system. One bankrupt bank after another has been bailed out with public money, in a futile effort to prevent a collapse of a massive multi-trillion dollar derivatives pyramid created by the banks.[2] But according to the Comptroller of the Currency, U.S. commercial banks now carry over $180 trillion in derivatives on their books. The public is liable to be bankrupted before this mess is resolved. Read the rest of this entry »

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Ahmadinejad and Mugabe blast West

Posted by smeddum on December 1, 2008

Ahmadinejad blasts West
Web posted at: 11/30/2008 5:52:4
Source ::: THE PENINSULA
DOHA: Iranian President Mahmoud Ahmadinejad yesterday called for developing an alternative economy in the face of the “total failure” of socialism and capitalism.

Addressing the plenary session of the International Conference on Financing for Development here, Ahmadinejad hit out against the “capitalist bloc”.

“Knowing (the problem) is the best way to address the problem. The capitalist bloc is facing an impasse in its philosophical, cultural and economic arena”, he said. Read the rest of this entry »

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Thanks for What? The Conquest of New England

Posted by seumasach on November 30, 2008

 

Mike Ely

Counterpunch

30th november, 2008

It is a deep thing that people still celebrate the survival of the early colonists at Plymouth — by giving thanks to the Christian God who supposedly protected and championed the European invasion. The real meaning of all that, then and now, needs to be continually excavated. The myths and lies that surround the past are constantly draped over the horrors and tortures of our present.

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Pakistan isn’t involved in attacks, ambassador says

Posted by smeddum on November 30, 2008

Pakistan isn’t involved in attacks, ambassador says
11:22 AM CST on Sunday, November 30, 2008

Bloomberg News Dallas News
Pakistan’s government, military and intelligence service werent involved in the attacks in Mumbai, Pakistan’s U.S. ambassador said. Read the rest of this entry »

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A calzón quitado

Posted by seumasach on November 30, 2008

 

Luis del Pino

Libertad digital

26th november, 2008

Pocos episodios hemos visto en el juicio del 11-M tan escandalosos y tristes como el de los análisis de explosivos. Primero ocultaron los análisis de los focos de explosión de los trenes; luego destruyeron los trenes y las prendas de ropa de las víctimas; más tarde, entregaron para analizar un puñado de muestras que no contenían ni un gramo de resto analizable, cuando de los trenes se habían extraído toneladas de objetos; después, se apagaron las cámaras misteriosamente el día que aparecieron componentes que no formaban parte de la Goma2-ECO; al final, achacaron la aparición de esos componentes que no cuadran con la versión oficial a mágicas moléculas voladoras que todo lo contaminan, pero sin que nadie sepa explicar cómo.

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The non-crisis of the euro

Posted by seumasach on November 30, 2008

Barry Eichengreen

Today’s Zaman

30th November, 2008

The global financial crisis has breathed new life into hoary arguments about the euro’s imminent demise.

Such arguments often invoke Milton Friedman, who warned in 1998 that Europe’s commitment to the euro would be tested by the first serious economic downturn. That downturn is now upon us, but the results have been precisely the opposite of what Friedman predicted.

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India uncovers Hindu terror group that carried out bombings blamed on Islamists

Posted by seumasach on November 30, 2008

 

Andrew Buncombe

Belfast Telegraph

23rd November, 2008

India is in something of a state of shock after learning from official sources that its first Hindu terror cell may have carried out a series of deadly bombings that were initially blamed on militant Muslims. The revelation is forcing the country to consider some difficult questions.

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The Attack in Mumbai II

Posted by seumasach on November 30, 2008

 

Moon of Alabama

27th November, 2008

The cleanup operation in Mumbai are still ongoing as the police and army search and fight through two big hotels that were attacked. The latest casualties numbers are 125 dead, 327 injured.

As said before, there is something weird about these attacks.

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Mumbai – Who Killed The Other 7 Captured Terrorists?

Posted by seumasach on November 30, 2008

rense.com

29th November, 2008

Two British men were among the 8 captured terrorists in Mumbai. The 
Telegraph reported: Two British-born Pakistanis were among eight gunmen 
seized by Indian commandos who stormed buildings to free hostages, 
Vilasrao Deshmukh, the chief minister of Mumbai, reportedly said. 

http://beltwayblips.com/story/ british_men_were_among_the_8_captured_mumbai/ 

NEW DELHI  Three of the militants who attacked India’s financial capital 
have confessed they are members of the Pakistan-based Lashkar-e-Taiba 
group, the Hindu newspaper reported today. 

http://www.weaselzippers.net/blog/2008/11/mumbai-attacks-captured- terrorists-admit-to-being-members-of-pakistanbased-lashkaretaiba- jihadi-grou.html 

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