Posted by seumasach on September 21, 2008
THE scariest photo I have seen on the internet is http://www.spaceweather.com, where you will find a real-time image of the sun from the Solar and Heliospheric Observatory, located in deep space at the equilibrium point between solar and terrestrial gravity.
Posted in Ecological and Public Health Crisis | Tagged: global cooling | 3 Comments »
Posted by smeddum on September 21, 2008
Paulson Bailout Plan a Historic Swindle
by WILLIAM GREIDER
September 19, 2008
Financial-market wise guys, who had been seized with fear, are suddenly drunk with hope. They are rallying explosively because they think they have successfully stampeded Washington into accepting the Wall Street Journal solution to the crisis: dump it all on the taxpayers. That is the meaning of the massive bailout Treasury Secretary Henry Paulson has shopped around Congress. It would relieve the major banks and investment firms of their mountainous rotten assets and make the public swallow their losses–many hundreds of billions, maybe much more. What’s not to like if you are a financial titan threatened with extinction? Read the rest of this entry »
Posted in Financial crisis | Tagged: bail out swindle, failing banks, financial fraud | 3 Comments »
Posted by seumasach on September 21, 2008
Cailean Bochanan
21st September, 2008
Much has been made of the collapse of the system which we have been witnessing with ever greater intensity. There is no doubt that the Anglo-American financial system has reached its end: that Washington and London will no longer dominate the world and the dollar and the pound are set to sink into oblivion.
Posted in Uncategorized | Tagged: financial collapse, oligarchy | 2 Comments »
Posted by smeddum on September 21, 2008
Mobile phone use ‘raises children’s risk of brain cancer fivefold’
Alarming new research from Sweden on the effects of radiation raises fears that today’s youngsters face an epidemic of the disease in later life
By Geoffrey Lean, Environment Editor
Sunday, 21 September 2008
Independent.co.uk
Children and teenagers are five times more likely to get brain cancer if they use mobile phones, startling new research indicates.
The study, experts say, raises fears that today’s young people may suffer an “epidemic” of the disease in later life. At least nine out of 10 British 16-year-olds have their own handset, as do more than 40 per cent of primary schoolchildren. Read the rest of this entry »
Posted in Ecological and Public Health Crisis | Tagged: cell phones, cell phones children | Leave a Comment »
Posted by smeddum on September 20, 2008
Financial Bailout: America’s Own Kleptocracy
The largest transformation of America’s Financial System since the Great Depression
by Michael Hudson
September 20, 2008
Nobody expected industrial capitalism to end up like this. Nobody even saw it evolving in this direction. I’m afraid this failing is not unusual among futurists: The natural tendency is to think about how economies can best grow and evolve, not how it can be untracked. But an unforeseen road always seems to appear, and there goes society goes off on a tangent. Read the rest of this entry »
Posted in Financial crisis | Tagged: failing banks, financial collapse | Leave a Comment »
Posted by seumasach on September 20, 2008
September 19, 2008
The Age
Be very, very careful. There are reports the US Federal Deposits Insurance Commission is running out of money. Chairman Sheila Blair has been forced to issue a statement. “US banks are overwhelmingly safe and sound and the Government fund used to cover insured deposits will be adequate to absorb any losses, even high losses,” she says.
But Brian Bethune, US economist at consulting company Global Insight, said: “Additional failures of large banks or savings and loans companies seem likely, and that could overwhelm the FDIC’s insurance fund.”
Posted in Financial crisis | Tagged: FDIC, financial collapse | Leave a Comment »
Posted by seumasach on September 20, 2008
Peter Sayer, IDG News Service
19th September
A French mobile phone company could face criminal charges for “administration of a harmful substance,” following a complaint by a family living near one of its base station transmitters.
Posted in Ecological and Public Health Crisis | Tagged: EM radiation health hazard, Georgia | Leave a Comment »
Posted by seumasach on September 20, 2008
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SOCHI, September 20 (Itar-Tass) — Prime Minister Vladimir Putin called for changing the architecture of the international financial system. “We all need to think about changing the architecture of international finances and diversifying risks. The whole world economy cannot depend on one money-printing machine,” Putin said at the final press conference after a meeting of the Russian-French bilateral commission on cooperation in Sochi on Saturday. |
Posted in Uncategorized | Tagged: fall of dollar, international financial system | Leave a Comment »
Posted by smeddum on September 20, 2008
“The time has come to challenge the Westerners to state the real reason they imposed the sanctions, and why they do not want to scrap them even though Zimbabweans have closed ranks.
What the Western stance tells us is that the fight is far from over, in fact, it may have just begun.
The forces ranged against us are not happy and obviously want to torpedo the agreement, because what they are after is regime change not inclusion.”
African Diaspora: Zimbabwe: Land at Core of Western Anger
Posted on Friday, September 19 @ 07:24:35 EDT by admin Rastafarispeaks
By Caesar Zvayi
September 19, 2008
IN our Shona culture, just as in any other culture, suspicion is always aroused whenever an outsider mourns more than the bereaved.
Then vanasorojena (the elders) tend to question the relationship between the mourner and the deceased and all his/her family.
Well, since the power-sharing agreement was signed by Zanu-PF, MDC-T and MDC on Monday, the Anglo-Saxon Alliance led by the EU and the US have been wailing like a newly-wed widow who has just been robbed of the joys of wedded bliss. Read the rest of this entry »
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Posted by smeddum on September 20, 2008
The Point of No Return
By Mike Whitney
19/09/08 “ICH” — – Following another eratic day of trading on the stock market, Treasury Secretary Henry Paulson and Federal Reserve chairman Ben Bernanke convened an emergency meeting of the Senate Banking Committee and other congressional leaders to request fast-track authority for a sweeping plan to buy back illiquid assets and other complex securities from distressed and under-capitalized banks. The turbulence in the financial markets has intensified and there is every indication that the situation will get worse before it gets better. There are a number of signs that the financial system is at the brink of collapse and that Wall Street is headed for a 1929-type crash. Depositors have begun to withdrawal their savings from money market funds alarmed by the gyrations in the market and the daily deluge of bad economic news. According to the Washington Post, funds dropped “by at least $79 billion, or about 2.6 percent” on Wednesday alone. The withdrawals are the equivalent of a slow bank run just at the time when stressed commercial banks need access to cheap capital to finance daily operations and provide loans for a steadily weakening economy. There’s also been a surge of panic-buying of US Treasurys which is considered the safest of investments. According to the Wall Street Journal, during Wednesday’s market-rout, “investors were willing to pay more for one-month Treasurys than they could expect to get back when the bonds matured. Some investors, in essence, had decided that a small but known loss was better than the uncertainty connected to any other type of investment. That’s never happened before.” (Wall Street Journal) Also, the VIX, or “fear gauge”, has soared to levels not seen since the crisis began in August just over a year ago. Read the rest of this entry »
Posted in Financial crisis | Tagged: failing banks | Leave a Comment »
Posted by alfied on September 20, 2008
Posted in Uncategorized | Leave a Comment »
