In These New Times

A new paradigm for a post-imperial world

Chile urges Latin America to raise trade with Asia

Posted by smeddum on October 3, 2008

Chile urges Latin America to raise trade with Asia People’sDaily
Chilean Representative of the Foreign Ministry Carlos Furche on Thursday urged Latin America to promote regional integration and raise economic exchanges with countries from the Asia-Pacific region. Read the rest of this entry »

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Video: Homer Simpson voting for Obama

Posted by smeddum on October 3, 2008

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Medvedev says US era over

Posted by smeddum on October 3, 2008

Medvedev says US era over
Lyubov Pronina and Lucian Kim BusinessDay

Bloomberg
ST PETERSBURG — Russian President Dmitry Medvedev said yesterday the global financial crisis showed that the time when “one economy, one currency” dominated the world economy was over. Read the rest of this entry »

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The New American Century: Cut Short By 92 Years

Posted by smeddum on October 3, 2008

The New American Century: Cut Short By 92 Years
By Mike Whitney

02/10/08 ‘ICH” — – America’s time as a superpower is coming to an end. The financial crisis was just the last straw. Whatever good faith was left after the invasion of Iraq, the shrugging off of international treaties and the shameless disregard for human rights, is now gone. The United States has polluted the global economic system with worthless mortgage-backed securities and, by doing so, has pushed 6 billion people closer to a long and painful recession. That’s not something that can be easily forgiven. Read the rest of this entry »

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Spinning the post-debate spin

Posted by smeddum on October 3, 2008

Spinning the post-debate spin
Political operatives and surrogates are only too happy to offer their views on the Palin-Biden vice presidential debate.
By Robin Abcarian, Los Angeles Times Staff Writer
October 3, 2008
ST. LOUIS — Imagine a school of ravenous guppies swimming around looking for food. Suddenly, someone tosses a handful of crumbs into the water. The guppies go crazy! They flit here, they flit there, they swirl around in chaotic guppy mobs, inhaling each crumb before moving on to the next. Read the rest of this entry »

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The Rise of the Rest

Posted by smeddum on October 3, 2008

RISE OF THE REST
The Challenges of the New World Order Der Spiegel

By Wolfgang Nowak
America is no longer up to shouldering the world’s crises. But who is going to take its place? Russia, Brazil, China and India are all rising, but they are also competing with Europe and the US for finite natural resources. Only a common future — a “change through rapprochement” and not a “clash of futures” can carry us forward. Read the rest of this entry »

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Bailout Bedlam: Robbing the Taxpayers to Save the Banks

Posted by smeddum on October 2, 2008

Bailout Bedlam: Robbing the Taxpayers to Save the Banks

by Ellen Brown

Global Research, October 2, 2008

“Doesn’t this seem like lunacy to you? The consequences of it are unbelievably bad in terms of public intrusion into the private sector. Is anybody thinking there? It’s too late, it’s not going to make any difference, and it’s aggravating as hell when there’s a better idea and you can’t even get it in play.” Former Treasury Secretary John O’Neill in an October 1 interview with Bloomberg on the bank bailout plan Read the rest of this entry »

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UK savers start the rush to Irish banks

Posted by alfied on October 2, 2008

By Lorna Bourke |

Citywire

The move by the Irish government to guarantee all retail deposits in major Irish banks is likely to precipitate a flood of money leaving UK bank accounts – as well as bank accounts elsewhere within the EU – as savers rush to protect their cash deposits Read the rest of this entry »

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Under-fire Sir Ian Blair quits as head of Scotland Yard

Posted by smeddum on October 2, 2008

Under-fire Sir Ian Blair quits as head of Scotland Yard
By LIZ HAZELTON and STEPHEN WRIGHT
2nd October 2008 Daily Mail

A statement about Sir Ian Blair’s future is expected this afternoon

Met chief Sir Ian Blair today quit as head of the Metropolitan Police. Read the rest of this entry »

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Not One Dime!

Posted by smeddum on October 2, 2008

Not One Dime!

By Mike Whitney

01/10/08 – “ICH” – — The mystery has been solved.

For nearly a year, we have been asking ourselves why the investors and foreign banks that bought up hundreds of billions of dollars of worthless mortgage-backed securities (MBS) from US investment banks have not taken legal action against these same banks or initiated a boycott of US financial products to prevent more people from getting ripped off? Read the rest of this entry »

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Senate Roll Call on Financial Bailout

Posted by smeddum on October 2, 2008

Senate Roll Call on Financial Bailout
AOL
posted: 3 HOURS 36 MINUTES AGOcomments: 429PrintShareText SizeAAA
(Oct. 1) – The 74-25 roll call by which the Senate approved a $700 billion rescue package for Wall Street aimed at preventing a credit crisis.
On this vote, a “yes” vote was a vote to approve the package and a “no” vote was a vote against it.
Voting “yes” were 39 Democrats, 34 Republicans and 1 independent.
Voting “no” were 9 Democrats, 15 Republicans and 1 independent.
Read the rest of this entry »

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