“This is the most well-defined
and publicly known crime I have seen in my lifetime. There is no debate
about it. There is no ambiguity. It is well known. You‘ve got people
involved who have basically admitted the elements of a war crime that
we are committed to prosecuting. We don‘t need a truth and
reconciliation commission because we are already reconciled to the rule
of law. There is nothing to reconcile to. What the people have to
reconcile are the people who broke the law. They need to reconcile with
the law. And he [Obama] happens to be having a debate with one of those
people as if they are talking about some quaint notion of policy.” -- *Jonathan Turley*
“… GM and Chrysler are pushing
the United Auto Workers to accept shares of stock in exchange for half
of the payments into a union-run trust fund for retiree health care.
They also want labor costs from the union to be competitive with
Japanese automakers with U.S. operations."
"Little progress has been made between the companies and the union.”
MSNBC"
Real
Journalism Versus "Professional Journalism"
Must Read - Censorship Warning
- A quote...."If Jon Stewart left his studios with his camera crew,
went
to where establishment figures were speaking, and threw tough questions
at them, you'd get something like
We
Are Change. -- The We Are Change reporters have asked the tough
questions - a la Stewart (well, minus the comedy) - to former
presidents, secretaries of defense, leading Neocons and Iraq war
architects, and all of the other establishment figures they could find.
-- So their interviews are syndicated nationally and they've all
received Pulitzer prizes, right? -- Not exactly . . .We Are Change
founder Luke Rudowski was arrested for trying to ask New York City
Mayor Michael Bloomberg about his refusal to pay for the health care of
9/11 first responders. -- The charges? Trespassing and "impersonating a
member of the press."
Time
to stop the rip-off
Must Read - A
quote...."The crisis in the United States has taken a dangerous turn
over the past week, a turn that may prove to be the undoing of the
Barack Obama presidency. -- On January 20, Obama stepped into much more
than the worst economic and financial crisis since the Great
Depression. He inherited the helm of a country ravaged by 30 years of
runaway human greed and a complicit government that rewarded it. Obama
now finds himself in the middle of a perfect tempest, buffeted on the
one side by a relentless financial and economic downturn and on the
other a bewildered nation waking up to the landscape of unparalleled
economic injustice that had been hidden out of sight with most
Americans working hard just to get by. -- If Obama does not get a
handle on what ails America, and soon, he risks losing the support of
the American people, destroying his presidency and leaving the American
economy in financial freefall and a nation tearing itself apart."
[British]
Treasury reserves will have to be raided to fund Afghan surge
Special Note - A
quote...."[British] Treasury officials are expected to take a
critical look at plans to send additional British troops to Afghanistan
as it becomes clear that reserves will have to be raided to cover the
extra cost." --
And so the US-NRE,
and Britain with the help of their "friends" the Saudi Royals and the
Israelis, continue their efforts to establish a Neo-Colonial Empire
over the entire Middle East. This whole thing is totally
ridiculous, funding
almost every Salafist, Whahhabist, Fundamentalist terrorist group out
there for the last thirty years with one hand, while using these
agent provocateur's actions as justification to bomb, occupy and kill
millions of Muslims with the other, is not only a seriously sick and
twisted policy of pure evil.....it's also extremely expensive. If
the world continues to buy US-NRE and British bonds to help fund these
campaigns of conquest and terror, their economies will go right down
the tubes along with the bonds they've bought. It's about time
the world's nations put a stop to these antics. - mpg
Freeze
the 1.5 Quadrillion Derivatives Bubble as a First Step Towards World
Economic Recovery
A quote...."
Act
Independent - PDF -- Washington DC, March 22 – On the eve of the
long-awaited London conference of the G-20 nations, we are rapidly
descending into the chaos of a Second World Economic Depression of
catastrophic proportions. In the year since the collapse of Bear
Stearns, we have moved toward the disintegration of the entire
globalized world financial system, based on the residual status of the
US dollar as a reserve currency, and expressed through the banking
hegemony of London, New York, and the US-UK controlled international
lending institutions like the International Monetary fund and the World
Bank."
The
Obama Government: Take From the Poor and Give to the Rich
Obama™ Update -- A quote...."These past several weeks have witnessed a
stunning attack on working people, with the Obama administration
leading the charge. -- It started with Larry Summers, Obama’s chief
economic adviser, responding to the A.I.G. bonuses by pontificating
about the sanctity of contracts: “We are a country of law. There are
contracts. The government cannot just abrogate contracts.” Like a mad
dog pursuing its prey, he pounced on the conclusion that absolutely
nothing could be done about the bonuses. Unfortunately, Summers voiced
no similar outcry when the Obama administration, only weeks earlier,
insisted that the U.A.W. contracts be renegotiated as a condition for
the auto industry receiving a bailout, suggesting that a different set
of rules applies to the rich than to the rest of us who constitute the
majority and work for a living." --
also
posted at Uruknet
GM
chief Wagoner to resign at Obama's request
Obama™ Update -- A quote...."LOS ANGELES (MarketWatch) -- General
Motors Corp. Chairman and Chief Executive Rick Wagoner is resigning
from his leadership of the troubled automaker at the request of the
Obama administration, reports said Sunday. --
Shall we cover it one more time
folks? Just $42 Billion so far for the ENTIRE auto industry, an industry
which directly or indirectly employs approximately three million people
and Obama, the "Pope of Hope" the "Patron of the little people" the
"Chanter of Change" demands that the CEO of this nation's largest car
company resign. -- OVER $12 TRILLION
so far in back stops, loan guarantees and actual cash payouts to the VERY PEOPLE WHO CAUSED THIS CRISIS,
the greedy Banksters, Brokers and Hedge Fund operators, who then
promptly steal TENS OF BILLIONS
of dollars from Obama's oh so generous gift of the public purse, all
the while calling their theft bonuses, and Obama demands from these
miscreants and mavens of mendacity...... ABSOLUTELY NOTHING! Have you
folks out there FINALLY gotten
the message yet, have you gullible fools who so eagerly flocked to the
polls to worship Capitalism’s newest Judas finally had enough? – mpg
========== ========== ========== ========== ========== ==========
========== ====
The
Accountability Imperative
A quote...."A little more than one year ago, we found ourselves in the
midst of a presidential election campaign that seemed almost
interminable. In one of the Republican primary debates, Senator John
McCain spoke some words that stood out then and still reverberate
today. “Torture is the defining issue of our age,” he said. They were
the truest words uttered in any of the Republican primary debates. They
linger."
U.S. forces
release [Iraqi] TV channel officials
A quote...."Basem Mohammed Hassan al-Majidi, the director of the
satellite channel al-Ittijah, and Hussein Hadeed Shalloushi al-Saadi,
the station’s TV director, have been released by U.S. forces,” the
chief news editor of the channel, Hamid Akab, told Aswat al-Iraq news
agency. -- Akab called for an apology from the U.S. forces for the harm
done to the journalists."
Obama
Won’t Speed Up Iraq Pullout
Obama™ Update -- A quote...."In yet another instance of lowering the
expectations on the campaign promised US pullout from Iraq, President
Barack Obama touted the military progress in the nation but ruled out
increasing the speed of his current pullout strategy."
US
opens another prison for Iraqis
Obama™ Update -- A quote...."The American military has inaugurated a
27-million-dollar prison in northern Iraq which is capable of holding
3,000 detainees."
The
Great Afghan Bailout - It's Time to Change Names, Switch Analogies
Obama™ Update -- A quote...."Let's start by stopping. -- It's
time, as a start, to stop calling our expanding war in Central and
South Asia "the Afghan War" or "the Afghanistan War." If Obama's
special representative to Afghanistan and Pakistan Richard Holbrooke
doesn't want to, why should we? Recently, in a BBC interview, he
insisted that "the 'number one problem' in stabilizing Afghanistan was
Taliban sanctuaries in western Pakistan, including tribal areas along
the Afghan border and cities like Quetta" in the Pakistani province of
Baluchistan.
Obama
orchestrating from the same old Bush music sheet
Obama™ Update -- A quote...."The adage that the more things change,
they remain the same, is holding true with the US. With lot of fanfare
about Change and We Can Change, Obama ignited hope not only in his own
nation, but all around the world. Bush warmongering had touched raw
nerves all around the world. America and Bush were the most hated words
in world vocabulary. However, Obama’s public address today over his
plans for Afghanistan and Pakistan, have dampened the hope for any
change for the better. Obama asked a question: why US was in
Afghanistan? His own answer to that simple question was as convincing
about the presence of Al Qaida in Afghanistan and Tribal areas of
Pakistan as Bush allegation of WMD in Iraq. Bush was not able to fool
the world over his simplistic harangue over Sadaam’s non existent
Weapons of Mass Destruction. Obama himself does not appear to be
convinced of the Al Qaida menace, while enunciating his plan to tackle
terrorism that 'threatens’ US and its allied countries in the world.
The whole warmongering rationale is pat and stale. When he says: "I
want the American people to understand that we have a clear and focused
goal: to disrupt, dismantle and defeat the Taliban and al-Qaeda." This
is like chasing a mirage."
Obama
vows no pursuit by US troops into Pakistan
Obama™ Update --
Like so many of his
other promises, he'll break this one when it suits his masters
financial or geopolitical interests. - mpg -- A quote...."But
asked if he [Obama] would send US troops on the ground into militant
safe havens inside Pakistan, Obama stressed: "No.
========== ========== ========== ========== ========== ==========
========== ====
France
calls Gaza 'open-air prison'
A quote...."France has warned that the Gaza Strip cannot remain an
'open-air prison' forever, urging Israel to lift the blockade on the
territory." --
also posted at
WarInIraq
Economic Boycott
of Israel Works: 21% of Israeli Exporters Affected -
Yipee! -
mpg
Action Update - 21% of
Israeli exporters have been directly affected by the boycott movement
since the beginning of 2009. So reports today (29 March) The Marker, a
Hebrew-language economic newspaper." --
For more on how to boycott Israel see the
upper-left-corner of the "Front Page" of this website. - mpg
Israeli forces
violently disperse Hebron demonstration, one German citizen arrested
A quote...."11:30am on Saturday, the 28th of March, Israeli forces
violently dispersed a Hebron demonstration, firing tear gas and sound
bombs and arresting one German solidarity activist. -- More than 50
Palestinian residents of Hebron, supported by international and Israeli
solidarity activists, were nonviolently rallying against the illegal
Israeli settlements inside of Hebron’s old city. The demonstrators
gathered near Beit Romano settlement, holding signs against the
occupation and chanting, “free, free Palestine!”
Tough
Times for University Students in Gaza
A quote...."Many university students who lost relatives or whose homes
were destroyed during the recent 23-day Israeli offensive are finding
it difficult to cope, according to university officials and students.
-- Some have been unable to register for the new semester due to lack
of funds; others are still traumatised."
========== ========== ========== ========== ========== ==========
========== ====
Pretending
to be civilized in an epidemic of institutional sadism
A quote...."From the you-can't-be-serious department: Savana Redding
was a 13-year-old honors student at a small Arizona middle school. In
math class one morning the principal ordered her to pack up and follow
him to his office. The principal interrogated her about a planner
Savana had lent a friend, and a few ibuprofin pills sitting on the
principal's desk, which were found in the planner. Savana knew nothing
about the pills. -- The principal then ordered her to the nurse's
office for a strip search. Over ibuprofin pills. Not that it would make
a difference if she were carrying crack. She was 13. She was being
ordered to strip. Her parents were never notified. Savana did not
consent to the search but complied in humiliating details." -
also posted at CommonDreams --
Her parents should sue the heck
out of them, it'll pay for her college education. - mpg
NY
judge orders release of CIA 'torture' documents
A quote...."NEW YORK (AP) — A judge has given the CIA a month to begin
releasing documents related to the destruction of videotapes of
detainee interrogations. -- Judge Alvin Hellerstein in Manhattan
federal court says the CIA should start turning over the information
and a list of witnesses to the American Civil Liberties Union within 30
days or explain why the agency should be exempt."
Torture
of Abu Zubaida, designed by psychologists, yielded nothing
A quote...."The first of the CIA’s “enhanced interrogations,” that of
Abu Zubaida, described as “torture” in recently leaked portions
of the International Committee of the Red Cross’s report on CIA
interrogation tactics, led to nothing other than tens of thousands of
investigatory hours wasted chasing fairy stories he told to get the
pain to stop, the Washington Post reports today. All reliable
information obtained from him was obtained prior to the torture." --
For more on this issue see....False
Leads
========== ========== ========== ========== ========== ==========
========== ====
Economic
Crisis Slams Canada - Federal Government Denial
A quote...."The first two months of 2009 were a disaster for working
people; 240,000 workers lost their jobs. The job losses in January were
the largest monthly loss ever in Canada. November to February losses
are the steepest since the crushing recession of 1981/82. -- Since June
of 2008, Canadian households have lost 8% of their net worth. Household
credit debt grew by 2% in the fourth quarter of 2008."
GM,
Citigroup getting dropped from Global Dow gauge
A quote...."WASHINGTON (MarketWatch) -- That's four new U.S. stocks
added to the Global Dow, and two others much in the news recently --
Citigroup Inc. and General Motors Corp. -- coming out."
On
eve of G-20 summit in London - European powers rebuff US, British
proposals for economic stimulus
A quote...."In what appears to be a calculated leak by the German
government to demonstrate its opposition to increased deficit spending,
Der Spiegel magazine published excerpts this weekend of a draft final
communiqué proposed by Britain for the G-20 summit of leading
economies to be held in London April 2."
Is
there any gold inside Fort Knox, the world's most secure vault?
A quote...."It is said to be the most impregnable vault on Earth: built
out of granite, sealed behind a 22-tonne door, located on a US military
base and watched over day and night by army units with tanks, heavy
artillery and Apache helicopter gunships at their disposal. -- Since
its construction in 1937 the treasures locked inside Fort Knox have
included the US Declaration of Independence, the Gettysburg Address,
three volumes of the Gutenberg Bible and Magna Carta. -- For several
prominent investors and at least one senior US congressman it is not
the security of the facility in Kentucky that is a cause of concern: it
is the matter of how much gold remains stored there - and who owns it."
- also posted at
RogueGov
--
They're gonna open the vault's
door and all they'll see on the floor is a tiny dusty little envelope
with the words I.O.U. scrawled on it. - mpg
Russia
backs return to Gold Standard to solve financial crisis
A quote...."Russia has become the first major country to call for a
partial restoration of the Gold Standard to uphold discipline in the
world financial system." -
also
posted at BLN
[Russia's]
Central Banker Says Worst of Crisis Over [for Russia]
A quote...."Russia has come out of the sharpest phase of its economic
crisis, capital outflows have ceased and foreigners are returning to
Moscow stocks, Central Bank First Deputy Chairman Alexei Ulyukayev said
Friday."
Daunted
by recession, Britons save for more than a rainy day
This is a good news, bad news
situation. First the good news, eventually the savings of
Britain's people could be used to help fund future growth. Now
the bad news, First, and worst of all, this is a very strong sign of
massive deflation caused by what is known as a "liquidity trap",
second, it's not very much even though it was four times the previous
amount saved, just £11.7 billion in a quarter,
third; the savings won't be useful for quite some time, for many years
in fact, and fourth, what's been saved may not do the British very much
good since Britain allowed it's entire housing market to become even
more of a bubble than the one in the US-NRE. - mpg -- A
quote...."Anxious Britons, fearful over soaring unemployment and a
long, deep recession, are drastically increasing their savings, it
emerged yesterday."
"Typically, these countries are
in a desperate economic situation for one simple reason—the powerful
elites within them overreached in good times and took too many risks.
Emerging-market governments and their private-sector allies commonly
form a tight-knit—and, most of the time, genteel—oligarchy, running the
country rather like a profit-seeking company in which they are the
controlling shareholders."
World
Depression: Regional Wars and the Decline of the US Empire
Must Read - A
quote...."All the idols of capitalism over the past three decades
crashed. The assumptions and presumptions, paradigm and prognosis of
indefinite progress under liberal free market capitalism have been
tested and have failed. We are living the end of an entire
epoch: Experts everywhere witness the collapse of the US and
world financial system, the absence of credit for trade and the lack of
financing for investment. A world depression, in which upward of
a quarter of the world’s labor force will be unemployed, is
looming. The biggest decline in trade in recent world history –
down 40% year to year – defines the future. The imminent
bankruptcies of the biggest manufacturing companies in the capitalist
world haunt Western political leaders. The ‘market’ as a
mechanism for allocating resources and the government of the US as the
‘leader’ of the global economy have been discredited."
Aboard
the Imperial Star Ship Ameriprise -
For all you Trekkies out there. - mpg
A quote...."Worse yet: Despite our aspirations, the American spaceship
of state -- let's call it the USS Ameriprise -- not only resembles the
USS Enterprise of the (mostly well-meaning but distinctly meddlesome)
Federation, but also, on too many occasions, the Enterprise from a
barbarous parallel universe pictured in "Mirror, Mirror," an episode
from the show's second season. --- In it, thanks to a
"transporter" accident, four members of the Star Trek crew, including
Captain Kirk, switch places with their evil twins and find themselves
aboard the Imperial Star Ship (ISS) Enterprise. Among the ISS crew,
might makes right. Alien cultures that refuse to provide scarce energy
sources (the dilithium crystals that power the starship, not mundane
oil as on this planet) are massacred and their resources stolen.
Perceived mistakes by crewmembers are punished with "agonizers,"
Taser-like miniature zappers applied to the chest just above the heart.
Disloyal crewmembers are tortured to extract confessions, or simply
slowly tortured to death, by being placed in "the agony booth." The
booth is the ultimate "stress position," without all the inconvenience
of shackles or the messiness of waterboarding. Officers advance in rank
by assassination, with Kirk possessing the choicest precision weapon: a
device in his quarters capable of killing any person on board with just
the touch of a button. --- Let's recap: Alien cultures
shocked, awed, and bludgeoned into submission in order to gain control
over scarce energy resources; torture used liberally to extract
information; precision weapons capable of decapitating the enemy and
controlled from a distance via the push of a button." -
also posted at AntiWar
--
So THAT'S what happened....this
entire nation, and everybody in it has entered a parallel
anti-universe. It sure explains alot. - mpg
========== ========== ========== ========== ========== ==========
========== ====
Leaving
Iraq
Must Read - A
quote...."It will cost more to leave Iraq than to continue to occupy
it, according to the latest GAO report. -- The headline from the
bankrupt Washington Post yesterday read, "GAO Calls Iraq Pullout A
'Massive,' Costly Effort." Many of us, weary from years of watching the
American way of war and those of us personally impacted by the 2003
invasion and occupation of Iraq, recall that the asinine Post and
moronic New York Times reliably echoed the White House. An invasion of
Iraq would cost us little to nothing. One vaguely remembers the term
"cakewalk" and recalls the flowers and candy to be thrown at our
liberating troops."
Ungrateful
Wretches: Iraqis Refuse to Recognize Wild Success of the Surge
A quote...."Juan Cole provides some further information on one of the
results of the glorious, successful-beyond-our-wildest-dreams "surge"
that brought victory and peace to the people of Iraq."
Turkey's
President in Iraq after 33 years
A quote...."BAGHDAD - Turkey's President Abdullah Gul started Monday
his two-day formal visit to Iraqi capital Baghdad, making him the first
Turkish president visiting neighboring Iraq after 33 years."
How
the West lost its way in the East
A quote...."After seven long years in which it seemed a sideshow to the
bigger conflict in Iraq, the war in Afghanistan has reached a critical
point. The US must now choose how far it will become further embroiled
in a messy conflict which affects its relations with Pakistan, India
and the wider Middle East including Iran. At a moment when the world is
convulsed by the worst economic disaster since 1929, Washington will
have to decide if it really wants to invest time, money, military and
political resources in beating back the ragged bands of Taliban who
increasingly control southern Afghanistan."
Netherlands
to stick to its Afghanistan pullout plan
A quote...."BRUSSELS, March 26 (Xinhua) -- Dutch Foreign Minister
Maxime Verhagen has said the Netherlands will stick to its plan to
withdraw troops from the southern Afghan province of Uruzgan by the end
of next year, Dutch paper De Volkskrant reported Thursday."
Pakistani
and Afghan Taliban Unify in Face of U.S. Influx
A quote...."ISLAMABAD, Pakistan — After agreeing to bury their
differences and unite forces, Taliban leaders based in Pakistan have
closed ranks with their Afghan comrades to ready a new offensive in
Afghanistan as the United States prepares to send 17,000 more troops
there this year. -- In interviews, several Taliban fighters based in
the border region said preparations for the anticipated influx of
American troops were already being made. A number of new, younger
commanders have been preparing to step up a campaign of roadside
bombings and suicide attacks to greet the Americans, the fighters
said."
Detention
‘widespread’ in Afghanistan
Making enemies everywhere we
go. - mpg -- A quote...."KABUL: The United Nations on Thursday
criticised arbitrary detention in Afghanistan as widespread and
unacceptable, calling for an immediate review in order to protect
rights. -- The findings were presented in a report by the chief human
rights officer of the UN mission in Afghanistan, Norah Niland, after
more than 18 months spent monitoring Afghan detention facilities."
British
Army chief ready to send 2,000 more troops to Afghanistan
A quote...."The head of the Army is ready to send up to 2,000 extra
troops to Afghanistan amid fears that the US-led mission will struggle
without significant reinforcements. " --
Ahhh, Britain, while in the midst of it's
self-inflicted Great Depression still intends to fight the good
ol'colonial fight. And just like the last time it tried to
conquer Afghanistan, it's going to fail. No wonder they lost
their "Empire", the elites of Britain are just plain stupid. - mpg
Obama
Plans Additional Afghan Escalation
And of course the US-NRE is
still
expanding....as long as it continues to get trillions of dollars in
loans from foreigners
that is. - mpg
-- A quote...."In addition to the 17,000 troops President Obama has
already committed to add to the war effort in Afghanistan, his new
“comprehensive strategy” will reportedly include another 4,000 troops
and hundreds of “civilian advisers,” bringing the US military presence
in Afghanistan to nearly 60,000." --
What
do all you Obamatrolls think of your "Pope of Hope" now? - mpg
PJB:
Can Uncle Sam Ever Let Go? -
Nope.
- mpg
A quote...."“In 1877, Lord Salisbury, commenting on Great Britain’s
policy on the Eastern Question, noted that ‘the commonest error in
politics is sticking to the carcass of dead policies.’ -- “Salisbury
was bemoaning the fact that many influential members of the British
ruling class could not recognize that history had moved on; they
continued to cling to policies and institutions that were relics of
another era.” --
also posted at
AntiWar
Ukrainians
protest against U.S. frigate's visit
A quote...."KIEV, March 25 (Xinhua) -- Around 500 people on Wednesday
gathered in Sevastopol, the Ukrainian southern naval port, to protest a
U.S. naval frigate's visit to the country. -- According to the reports
of local media, activists at the port shouted slogans like "NATO out"
and "Yankee go home."
South
American Nations Meet in Venezuela to Lay Foundation for Bank of the
South
De-couple, de-couple,
de-couple from the dollar, should be the mantra of every leader
South of the border. They should make the Bank-of-the-South their
sole bank of recourse and stay the hell away from those blood-sucking
bastards at the IMF and World Bank. - mpg -- A
quote...."Mérida, March 24th 2009 (Venezuelanalysis.com) -- Top
government officials from seven South American countries met in Caracas
Monday to draft constitutive plans for the Bank of the South, an
international initiative launched in 2007 to improve regional
integration and invest national reserves in social and economic
development on the continent."
Q&A:
Sacked for Writing Against the Egypt Regime -
Currently a US-NRE "friend". - mpg
Interview - Some
quotes...."CAIRO, Mar 26 (IPS) - For years, Abdelhalim Kandil has been
one of Egypt's most high-profile opposition journalists, known for
writing hard-hitting articles critical of the ruling regime of
President Hosni Mubarak." -- "On Mar. 16, Kandil was abruptly removed
from his position as editor-in- chief of Sout Al-Umma by the
newspaper's publisher, Essam Ismail Fahmi, after he wrote a series of
articles critical of some state officials and of the government's
political and economic policies. Excerpts from an interview with
him...."
RIGHTS:
U.S. Condemned for Boycott of Racism Conference
Obama™
Update -- A quote...."UNITED NATIONS, Mar 26 (IPS) - Amid calls for
Washington to increase its engagement with the international community,
U.S.-based rights groups and civil libertarians are denouncing the
Barack Obama’s administration’s boycott of a global conference against
racism next month. -- "It is an embarrassment for the Obama
administration to continue the Bush administration’s practice of
refusing dialogues with others," said Ramsey Clark, former U.S.
attorney general and winner of the 2008 U.N. Human Rights Award, in a
petition signed by hundreds of human rights activists." --
Ramsey Clark is just being totally
ridiculous, Obama talks to others, he talks to AIPAC, the Neocons, the
Clintonians and the Banksters almost ALL the time....in fact he's so
devoted to them, he just simply doesn't have time to talk to anyone
else. - mpg
========== ========== ========== ========== ========== ==========
========== ====
Diebold's Chief
Financial Officer, VP Steps Down Under SEC Investigation
A quote...."
It's been a bad month for Diebold (DBD), what with the
findings in CA that their
voting machines drop votes and their audit logs allows deletion of
records;
their admission
that all of their voting machines fail to record ballot deletions, and
that
their ATMs were hacked,
likely by insiders, just to point to
a few of their recent
embarrassing headlines. -- But things are getting still worse by the
minute, it seems. This,
from
Cleveland's Plain Dealer today:..."
Feds
to poison plants along the [US-Mexican] border
A quote...."If successful, the $2.1 million pilot project could later
be duplicated along as many as 130 miles of river in the patrol’s
Laredo Sector, as well as other parts of the U.S.-Mexico border."
========== ========== ========== ========== ========== ==========
========== ====
WATCH:
Investigation uncovers evidence of alleged Israeli war crimes in Gaza
Videos - A quote...."The
Guardian has compiled detailed evidence of alleged war crimes committed
by Israel during the 23-day offensive in the Gaza Strip earlier this
year, involving the use of Palestinian children as human shields and
the targeting of medics and hospitals. -- Watch the 3 documentaries"
Gazan speaks of
white phosphorus use
Video - A
quote...."According to Human Rights Watch Israels use of white
phosphorus in their offensive on the Gaza Strip constitutes a war
crime", which Israel strenuously denies. Phosphorus ignites in oxygen
in temperatures of more than 30 degrees Celsius and daily temperatures
were much hotter than that when the war was carried out in Gaza in
January. It is almost impossible to put out, and if it comes into
contact with human flesh it can burn to the bone. Sabah Abu Halima who
lost her husband and four of her children in the war, tells her story."
‘We
came, we saw, we destroyed’ - posted at
OnlineJournal
A quote...."Israel’s recent onslaught on a defenseless population under
siege has robbed it of its status as an eternal victim -- a status it
has carefully preserved for decades to elicit global empathy and
protect it from criticism."
Khalid
Amayreh - Devouring Jerusalem
A quote...."In its increasingly rabid efforts to consolidate control of
traditionally Arab-East Jerusalem, Israel this week moved to suppress
Palestinian cultural activities associated with the city being declared
the capital of Arab culture for 2009. - On 19 March heavily armed
paramilitary police violently dispersed a meeting at the Ambassador
Hotel in East Jerusalem, confiscating posters, leaflets, placards and
computers. - Israeli police also raided schools, social clubs and
community centres to foil activities celebrating Arab culture in the
occupied city which Israel considers its "united and undivided
capital"."
Australian
academics call for boycott of Israel
Action Alert - A
quote...."Responding to the Call of Palestinian civil society to join
the boycott, divestment and sanctions (BDS) movement against Israel, we
are an Australian campaign focused specifically on a boycott of Israeli
academic and cultural institutions, as delineated by PACBI (Palestinian
Campaign for the Academic and Cultural Boycott of Israel):"
Divestment
campaign gains momentum in Europe
Action Alert - A
quote...."The Swedish national pension fund AP7 is the latest
institution to follow the socially responsible investment example of
Dutch ASN Bank by excluding the French transportation giant Alstom from
its portfolio. Alstom was excluded because of the company's involvement
in Israel's occupation of Palestinian land." --
For more on how to boycott Israel and the
companies who do "business" with Israel, see the upper-left-corner of
the "Front Page" of this website. - mpg
Diary
of siege and war: Mad days in the time of a Zionist war
A quote...."The moon grows to become full in the eyes of the Gazawis,
they said, like a baby’s face the son of the moon, the mother cries
every time one of her children runs away eaten by the war, till it
catches with another in Rafah, I cannot liberate my heart from some
guilt that was stuck to it, some of which were imprisoned tears in some
place… Condone me O you babyhood of wounded Gaza, and pardon me you
“Dalal”, “Amira”… “Nassim” and the rest of the birds, the birds built
their nests on their eye lashes, over their dolls and left them
bleeding for days running away in freight, and with the thirst of a
besieged flower, and in the palm of the fenced Gaza, poetry jumps
weeping and runs away… I wish I were a lantern in a child’s hand to
ignite its smile and hug it… "
========== ========== ========== ========== ========== ==========
========== ====
NYT
Article about the Passage of the Gramm/Leach/Bliley Act of ‘99
Some quotes...."
”The concerns that we will have a
meltdown like 1929 are dramatically overblown,” -- *Senator Bob Kerrey*, Democrat of
Nebraska.
”If we don’t pass this bill, we
could find London or Frankfurt or years down the road Shanghai becoming
the financial capital of the world,” -- *Senator Charles E. Schumer*,
Democrat of New York…
[Now this one really tickles the funny bone
- mpg] -- “The
(Clinton/Summers’/Rubin) White House has estimated the legislation
could save consumers as much as $18 billion a year as new financial
conglomerates gain economies of scale and cut costs.”
”This historic legislation will
better enable American companies to compete in the new economy.”
-- *Lawrence H. Summers*,
Treasury Secretary
========== ========== ========== ========== ========== ==========
========== ====
The
Dance of the Trillions to Shore up Banks, Bankers, and Gamblers
If anybody out there wonders
why this website editor continues to pound the issue of derivatives,
it's because it's necessary to follow two simple rules when analyzing
the "Great Game" and the elites who "play" it.
One: Is to ALWAYS "follow the
money", no excuses, no exceptions, no matter what. If you're not
following the money, you're not doing your job; something this nation's
mass-faux-infotainment industry has gotten down to a fine art these
last thirty years.
Two: If it's something critical to the issue, something that "connects
the dots", something blatantly obvious, yet NOBODY employed in any official
capacity or anybody in the mass-media wants to talk about it....you
talk about it, write about it, SCREAM about it until they do. (Also
known as the "Pink Elephant" in the middle of the living room scenario)
– mpg
A quote...."After ten years of wholesale
financial deregulation, bad policies and unsound banking practices, and
facing a worsening recession, over the last year and a half the U.S.
government has been pumping trillions of dollars in order to deleverage
and recapitalize banks that were on the brink of insolvency. But the
banking crisis is of such a magnitude, and the damage done to the
financial system so widespread, that each pumping of money into the
system has never seemed to be enough. This is because numerous American
financial institutions, and among the largest, have suffered
multibillion-dollar losses, not only with subprime mortgages, but
especially with large amounts of derivative products that have turned
sour. Not the least of these are the famous gambling products called
credit default swaps, (CDS), [which the Bank of International
Settlements is reporting to be worth some $57 trillion." --
Editor's
Note: The total value of derivatives out there has been
estimated to be well over one Quadrillion. - mpg
America
Is Changing Its Name
Satire - A quote...."Top
financial company AIG is changing its name to "AIU Holdings". -- Top
private defense contractor Blackwater is changing its name to "Xe". --
Following AIG and Blackwater's lead, the U.S. has decided to change its
name. -- White House spokesman Joe King today announced that the U.S.
is changing its name in order to decrease associations the Founding
Fathers and thorny issues like taxation without representation. --
"There is so much anger among the American public", said King at a
White House press conference, "that we think it would be helpful to
refocus our national attention and to calm everyone down so we can get
on with the important work of economic recovery." -- The new name for
the world's most powerful nation: the United Swaps of America."
Building
on a weak foundation
Special Note - A
quote...."With a series of coordinated pronouncements and media
events, the Barack Obama administration has been trying to send a
signal to investors. The message received may not have been the one
intended. -- Reading between the lines, the administration is
indicating that the financial crisis has become so overwhelming to them
that there is no alternative but to throw infinite amounts of taxpayer
money at it until, they hope, it passes. But what if the very measures
meant to hold the dike until the storm passes are actually undermining
whatever protection we have left?"
Total
fraud
Financial Alert - A
quote...."Of US$164 billion in total Federal Reserve credit that
appeared, literally, out of thin air, last week a full $163 billion of
it was used by the US Federal Reserve to buy Treasury and agency debt
for itself! You can talk about fraud - or stop wasting time, get out
there, and buy gold!!! "
The
Threat of Hyper-Depression
A possible outcome, but only if
the US-NRE doesn't enter into a true 30's style Depression. - mpg -- A
quote...."In the Keynesian heydays of the 1950s and 1960s, most
economists and policy makers believed in the “Phillips Curve,” which
was the (alleged) tradeoff between unemployment and price inflation.
The idea was that the Federal Reserve could cure a recession by
printing money, or that the Fed could cure runaway inflation by jacking
up interest rates. Each of these moves had its downside, of course, but
the point was that the Fed could choose one poison or the other. --
This Keynesian orthodoxy was shattered in the 1970s when the United
States suffered through “stagflation,” which was high unemployment and
high inflation. This outcome was not supposed to be possible, according
to the popular macroeconomics models, and it left policy makers with no
clear choice."
Jobless
rolls swell again as recession persists
As expected, keep in mind
jobless claims are a lagging indicator regarding the economy. -
mpg -- Some quotes...." WASHINGTON (AP) -- Hopes that the economy may
be poised for a recovery got a splash of reality Thursday: The
unemployment rolls are still getting bigger as the recession maintains
its grip. For the 10th week in a row, the number of people receiving
jobless benefits grew. It now stands at nearly 5.6 million, the
government said -- an indication that the labor market is still grim.
New claims for unemployment benefits rose again as well, to a
seasonally adjusted 652,000, up from 644,000 the week before." -- "The
total number of people claiming benefits jumped to 5.56 million, worse
than economists' projections of 5.48 million, and setting a record for
the ninth week in a row."
Economy
dips at slightly faster 6.3 percent pace
Pretty much as expected, keep
in mind this is from Q4 and it's old news already - mpg -- A
quote.... "WASHINGTON (AP) — The economy shrank at a 6.3 percent pace
at the end of 2008, the worst showing in a quarter-century, and
probably isn't doing much better now. -- The Commerce Department on
Thursday reported that the economy was sinking a bit faster than the
6.2 percent annualized drop for the October-December quarter estimated
a month ago."
Irish
economy in sharp contraction
A quote...."Ireland, the first eurozone country to fall into an
official recession, has released more gloomy financial data, with
official statistics revealing that its gross domestic product shrank by
7.5 per cent in the three months to December, compared with the fourth
quarter of 2007."
Argentine
economy expands at the lowest rate in six years -
Heck, at least it's still expanding. - mpg
A quote...."Argentina’s economy grew 2.3 percent in
January from a year earlier, the lowest monthly rate in more than six
years as the global crisis hits home, according to the latest release
from the government."
U.S.
space tourist goes up for more
Video - A quote...."U.S.
billionaire Charles Simonyi roars into space aboard a
Russian rocket, making history as the first tourist to make the epic
journey....
twice. (40
sec./1.44Mb, shows: 14)"
— Only an estimated 50,000 of
300,000 displaced families — or 16 percent — have returned to their
Baghdad homes, according to the U.S. military. Most are believed to be
Sunnis.