Tuesday November 4th 2008
American
Election: An Illusion Of Democracy
Must Read - A
quote...."Once again, as it has been happening every four years, the
American people are suckered into surrendering their necks to a
different yoke of slavery through the process of so-called “democratic
election” of their president. Little they know that this president, and
his administration, is but a tool used by the power elite –
international financiers, military industrialists, energy companies and
corporatocracy – to control resources, transfer wealth upwards, keep
the populace in check, enslave them, suppress their dissent, and
conscribe them into wars of greed against their human neighbors. This
power elite, with its handful financial institutions, had dominated
most of the natural resources of the world through its control of the
money needed to acquire these resources. A natural resources monopoly
system was, thus, created in the US, and many parts of the world, based
solely on capital gain and profit rather than the well being of human
life."
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AViDD "believer" Type-1 and Type-2 Syndromes
11-04-08
mpg
Michael
Moore And The Great Barack Hope
A quote...."When Amy Goodman asked how Michael Moore could say that he
was opposed to war and yet support a candidate who has announced his
intentions to commit the same crimes against humanity as are being
committed by the Bush cabal and which were committed by the Clinton
regime, the rotund Republican-lite moviemaker said, "well, I don't know
if I'm giving him the benefit of the doubt. I'm hoping that he breaks
his campaign promise, like all politicians do. I'm counting on him to
be a good politician and do that". Michael Moore is hoping that
O-BOMB-A is just a liar instead of a mass murderer. One can only
imagine that, given his ponderous weight, the arteries to his brain
must have become completely clogged."
Leaving aside the personal (and
unnecessary) attacks against Mr. Moore, it does appear that Mr. Moore,
along with a very large portion of the America people, are currently
suffering from Audio Visual Disassociative Disorder (AViDD “believer”
type-1 syndrome). AViDD type-1 is the flip side of Audio Visual
Delusional Disorder (AViDD “believer” type-2 syndrome) which is
typically suffered by people who are mentally impaired and are always
engaged in "faith based" interpretations of reality. AViDD type-2
sufferers have a substantially reduced interest in understanding the
facts or even the ability to comprehend them, nor do they have any
ability to empathize with someone else's plight, they are unable to
"walk in their shoes" so to speak.
With AViDD type-2 syndrome, a person believes what he's told or shown
even if it's contrary to reality and all the information freely
available that may contradict what he's just been told or shown.
AViDD type 2 sufferers are always coming up with new excuses for why
their espoused "world views" or paradigms never seem to work out,
sometimes changing the rational for their actions on almost a daily
basis.
A person suffering from this syndrome will usually make statements like
"the facts don't matter" or "we create our own reality"; they will
usually lie constantly and exhibit bizarre forms of behavior such as
attacking other people murdering millions of them all the while saying
they're "helping" these other people, that they're killing them to
"save" them. In other words they "delude" themselves and remain
fixated on their world views despite all the evidence that exists to
the contrary that their world views do not accurately model
reality. That they are not predictive, the true rock-bottom test
for any paradigm.
AViDD type-1 is a more pernicious and dangerous type of syndrome and is
almost the mirror image opposite of AViDD type-2. AViDD
type-1 sufferers are usually more intelligent and have the ability to
critically analyze reality and incorporate the observable "facts" in
their over-arching paradigm or worldview. They're usually more empathic
towards another person's plight and sympathetic to their needs.
However, unlike AViDD type 2 sufferers, a
person with AViDD type-1 syndrome disregards what he's being told, even
if in most cases it actually does conform with
reality. Instead of making excuses for their world views
(because
they're usually more accurate), AViDD type-1 sufferers will usually
make excuses for the other persons actions.
They'll usually try to justify their trust in other people by coming up
with outlandish reasons or justifications for their contradictory
behaviors, they'll try not to be "judgmental", they’ll constantly make
“allowances” and give that person more benefit of the doubt then they
may actually deserve. AViDD type-1 sufferers are commonly
referred to as easy "marks" or “rubes”. They “dissociate” what
the person actually says, thinks or does from that person’s actions or
the resultant consequences of that person’s actions. They'll
freely
acknowledge the "facts” and all the harm that person might be doing but
they will constantly justify them and state “the person is trying to do
good" even
though the results manifestly say otherwise. – mpg
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The
End of International Law?
A quote...."A parallel new Bush doctrine is emerging, in the last days
of the soon-to-be-ancien regime, and it needs to be strangled in its
crib. Like the original Bush doctrine -- the one that Sarah Palin
couldn't name, which called for preventive military action against
emerging threats -- this one also casts international law aside by
insisting that the United States has an inherent right to cross
international borders in "hot pursuit" of anyone it doesn't like. -
They're already applying it to Pakistan, and this week Syria was the
target. Is Iran next?" -- Also
posted at ICH
Silence on War
Crimes
A quote...."Last week, Bill Kovach, former Washington Bureau Chief of
the New York Times and the founding chairman of the Committee of
Concerned Journalists, blasted the U.S. media for its failure to ask
tough questions of both presidential candidates regarding their
opinions of the Bush administration’s unprecedented adherence to the
controversial “unitary executive theory” of government." -- Also posted at ICH
Scott
Horton Interviews Justin Raimondo
Must Listen Audio Interview
- A
quote...."Justin Raimondo, editorial director of Antiwar.com, discusses
the 2008 presidential election, how transitions in government tend
toward continuity instead of radical change, the competing policy
influences in an Obama administration where Dennis Ross and Anthony
Zinni are possible National Security Advisor appointments, how the only
difference in foreign intervention between Democratic and Republican
administrations is rhetorical, how the neocon parasite feeding on the
Republican party will soon leave its shriveled host behind and search
for greener pastures, the continuing danger of war with Iran,
realist/neocon policy toward Russia, why a vote for Nader is the best
medicine in the current corporate-socialist economy, and why the
Constitution and Libertarian parties may be one party too many.
Obama
Win Will Not Change Rigged Economy
A quote...."In an incredulous display of ignorance symptomatic of the
underlying causes of the financial crisis, CNBC anchors laughed their
way through an interview with respected economist Peter Schiff
yesterday as he attempted to explain how an Obama presidency would
negatively impact the U.S. economy."
Review: The Three
Trillion Dollar War
Book Review - A
quote...."As Arianna Huffington writes, "the thing about
$3,000,000,000,000 is that, at a certain point, it becomes hard to
ignore." Pundits are saying we're already in a recession. The
connection between the war and the economy is increasingly clear and
starting to affect everyone, from those worrying about retirement to
John McCain's Joe the Plumber. -- The Bush administration and the
mainstream media seldom mention the economic costs of Iraq and
Afghanistan. But Joseph Stiglitz of Columbia University, a 2001 Nobel
laureate, and Linda Bilmes of Harvard's Kennedy School of Government
rectify this oversight in their new book, The
Three Trillion Dollar War."
As
voters go to polls to pick his successor, George W. Bush hits new low
in approval rating
A quote...."As Americans are turning out to the polls in record
numbers, Bush's approval rating,
according to the latest CBS News
tracking poll, has dipped to 20%, the
lowest ever recorded for a president. His disapproval rating of
72% matches his all-time high, reached last month." -- bold by website
editor
Farewell
Bush. Now it is time to undo the damage
A quote...."A poll carried out in 21 countries last week gauged
international opinion and concluded that more than 80 per cent believe [correctly] the US is most to blame
for the current economic crisis. Positive perception and trust of the
superpower in the twilight of the Bush presidency were also very low,
among the majority of the 10,392 people surveyed in the independent
poll commissioned by Porter Novelli."
The
Ghoul's Glossary: the 2008 Election
A lot of fun. - mpg
Some Amusing
Cartoons
A
Clean Sweep Across the Land
US
Presidential Elections
Obama
and the US Elections
Iraq General
Strike: YANKEE GO HOME!
A quote...."A Week-Long Strike Is Announced In The Industrial Sectors"
U.S.
attack on Syria: illogical and ill-timed
A quote...."U.S. military incursion on a Syrian village late last month
was illogical and ill-timed. The U.S. has a formidable force in Iraq
with massive air power which theoretically can attack whenever and
where it wishes. But the attack on Syria, regardless of whatever was
mentioned with regard to the ‘value’ of its target has come at a
difficult time first for Washington, second the Iraqi government and
third Iraq’s neighbors. The U.S. now finds it extremely difficult to
persuade Iraqis that the security agreement it wants to impose on Iraq
is for the benefit of Iraq as a country and its regional interests. The
attack gave Iraq’s neighbors, particularly Syria and Iran, the proof
that the presence of U.S. troops on Iraq’s soil is a real source of
worry and now they fear if the troops stay they will turn their land
into a theater for their military operations."
Pakistani
President Presses Halt to Drone Strikes in Petraeus Meeting
A quote...."US General David Petraeus met with Pakistani President Asif
Ali Zardari and other top officials today in what was described by the
general as a “very frank and very forthright” conversation, during
which the Pakistani officials asked if the United States would be so
kind as to stop launching unilateral drone strikes onto their
territory."
Nader
Talks Candidly About McCain and Israel’s Bombing of the U.S.S. Liberty
Video - A quote...."2008
Presidential Candidate Ralph Nader discusses John McCain and Israel's
bombing in the U.S.S. Liberty. From The Forum Auditorium, Cleveland,
Ohio, October 30, 2008. Video by Karen Kilroy."
Israeli High
Court Confirms Use of "Guilt by Association" and Policies of Racial
Discrimination
A quote...."The Israeli High Court of Justice (HCJ) has again affirmed
the government’s position and approved the gross violations of human
rights generated by state policies, this time against Palestinians
possessing Israeli citizenship. What is particularly cruel in the
illustrative judgement to be analysed below is the judges’ utter
disregard for the situation of a middle-aged woman who has not seen her
husband, who lives in the Gaza Strip, for almost two years."
How
Israel helps eavesdrop on US citizens
A quote...."After the 11 September 2001 attacks, the United States
government launched a massive program to spy on millions of its own
citizens. Through the top secret National Security Agency (NSA), it has
pursued "access to billions of private hard-line, cell, and wireless
telephone conversations; text, e-mail and instant Internet messages;
Web-page histories, faxes, and computer hard drives." In his new book,
The Shadow Factory: The Ultra-Secret NSA from 9/11 to the Eavesdropping
on America author James Bamford casts light on this effort, including a
detailed account of how spying on American citizens has been outsourced
to several companies closely linked to Israel's intelligence services."
-- For more on this issue see....
Fox
News aired this four part series
Israeli
Spying
- Part 1 of 4 - (YouTube - 9
min 20 sec - Added: July 03, 2006)
Israeli
Spying - Part 2 of 4 - (YouTube - 5 min 28 sec - Added: July
03, 2006)
Israeli
Spying - Part 3 of 4 - (YouTube - 4 min 14 sec - Added: July
03, 2006)
Israeli
Spying - Part 4 of 4 - (YouTube - 4 min 33 sec - Added: July
03, 2006)
A quote...."In November, 2001, Fox News aired this four part series,
which shows that Israeli intelligence has total control over the
information networks in the USA. Also, they said 60 Israeli spies, with
explosives training, were arrested in connection with the 9/11 attack."
Rights
Group Concludes Georgian Cluster Bombs Killed at Least Three of Their
Own Civilians
A quote...."Human Rights Watch has determined that Georgian cluster
bombs used during the brief August war with Russia landed in at least
nine Georgian towns, killing at least three civilians and littering the
countryside with thousands of bomblets which could potentially kill and
maim civilians for years to come." -- Also
posted at Uruknet
Two
More U.S. Military Units Assigned For Homeland Security
Police State Warning - A
quote...."Northcom has announced that two
more U.S. military units will be assigned for domestic homeland
security missions, bringing the total number of combat ready
service members operating inside the U.S. to around 4,700, as fears
grow about the increasing militarization of law enforcement." -- bold
by website editor
The
Pentagon Is the President's Private Army
A quote...."The Pentagon, methinks, is out of control. We no longer
have a military in service to the state, but a state in service to the
military. Few notice (I suspect) because of two ingrained habits of
mind."
Okay,
People: The Irrefutable 911 Evidence of Government Complicity in the
Crime
A quote...."To a certain extent this is food for trolls who simply can
not believe what they will not believe, but it's compelling information
from thoughtful people...and this is just the online information.
There's printed information available in the form of books." -- See also....9/11
- WTC7 & 9/11
- NORAD & 9/11
- Commission
Czech
government in crisis following election debacles
A quote...."Just a few weeks before the Czech Republic is due to take
over the rotating presidency of the European Union Council, the
conservative Civic Democratic Party (ODS) of Prime Minister Mirek
Topolanek is in a deep crisis following a succession of electoral
defeats. A premature end of the conservative government is now
increasingly likely. The ODS’s setback in regional elections held two
weeks ago has now been followed by a severe reverse for the party in
the latest Senate election."
Georgian
president sacks military chief: report
A quote...."Georgian President Mikheil Saakashvili on
Tuesday sacked the country's military chief Zaza Gogava after a review
of the August war with Russia, public television reported."
2008
VoteWatch - Tuesday Round-Up - 5 Articles [Day 2] ==========
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Is the Election About
to Be Stolen in Ohio, Pennsylvania and Elsewhere?
A quote...."Last Friday, a federal court judge in Cleveland, Ohio,
ordered Michael Connell, an information-technology consultant to the
McCain '08 campaign, to give a deposition in a court proceeding. Mr.
Connell, whose firm, GovTech Solutions, built Ohio's 2004 election
results computer network, was in a position to have knowledge about the
alleged manipulation of electronic voting results in that presidential
contest (a technique known as "flipping") in order to switch the winner
in Ohio from Sen. John Kerry to President Bush. The deposition is
scheduled to take place today, November 3, one day before the 2008
general election."
Here's
What Vote Fraud Really Looks Like
A quotExtensive national media coverage of alleged voter registration
fraud by ACORN has fanned fears of "voter fraud" by Democratic forces.
Given this fact, it's more than a little remarkable that the media has
not seen fit to present more balanced coverage. The media could easily
do so by reporting, at the same level as ACORN, the far more serious,
documented and provable story of election fraud by Young Political
Majors, LLC (YPM)."
Hacking
Democracy
From the History File - Video - May 26, 2007 -- A
quote...."In Case You Missed It -- Must Watch Video -- On Tuesday, 40
percent of voters will cast ballots on electronic touch-screens. If
you're not worried already about the dangers of paperless voting, this
HBO documentary will blow your mind." -- Paragraph quoted from ICH
ES&S
Opti-Scans Found Miscounting by 4% (8% margin-swing)
A quote...."I do not have all the details, but this story needs
immediate investigation before calling winners tomorrow in any state
using ES&S M-100s to count its votes whenever the reported margin
is closer than 8%. -- The paper ballot precinct-based optical scan
voting system used in a large proportion of US jurisdictions is
producing wildly inaccurate counts of ballots that are off by as much
as 4% per precinct - thus altering the vote margin possibly by as much
as 8% by shifting votes from one candidate to another."
URGENT
CALL TO PA CITIZENS AND JUDGES OF ELECTIONS
A quote...."We in Pennsylvania will be voting on the highest number of
paperless touchscreens in the country. No way to prove the
original intent of the voter, no way to do meaningful recounts.
This is what we must deal with for now but there are steps within
our control."
END - 2008 VoteWatch - Tuesday
Round-Up - 5 Articles [Day 2] ==========
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Nearing
Impact: A U.S. Debt Crash Course
Special Note - A quote...."Over the past decade or so, I have
occasionally seen an article - or sometimes a chart - referencing the
dollar amount of marginal or “extra” U.S. Gross Domestic Product (GDP)
that is generated by adding each new dollar of government debt. In
other words, with their unique brand of wisdom, the federal government
tries to “buy growth with debt”. -- I admit, I haven’t thought much
about this topic for a while because I hadn’t seen any good work
presented on it until I spotted this article written on October 20th,
2008 by Karl Denninger."
Fitch
predicts steepest GDP decline in leading countries
A quote...."In its latest Global Economic Outlook, Fitch Ratings
predicts that the world’s major advanced economies - US, UK, Euro Zone
and Japan - will experience in 2009 the steepest decline in GDP since
World War II."
Goldman
Sachs: Fund Loses $990m After 10 Months
A quote...."One of Goldman Sachs‘s flagship hedge funds, run by two of
the Wall Street bank’s most talented traders, has lost close to $1bn since its launch in
January in further evidence of the crisis facing the industry." -- bold
by website editor
Ex-Im
Bank chief who oversaw cartel loans now chief investment officer for
bailout funds
A quote...."The Ex-Im Bank came onto my radar screen last year after a
Dallas TV news reporter discovered they were giving loans to Mexican
cartel subsidiaries which then defaulted. I haven't paid much attention
to multinational banking institutions since I was an economics major in
college, but when most of the agency's defaulted loans in one country
went to drug-cartel affiliated figures, you don't need an accounting
degree to know something's wrong. According to WFAA-TV:"
Over
1 Trillion Dollars Worth of Credit Default Swaps Against Governments
Special Note - Financial Alert - A quote...."The
Depository Trust and Clearing Corporation made some information public
today about Credit Default Swaps. - There are $33 trillion in CDS still
outstanding, even after the Lehman CDS were settled. - Approximately
1.5 trillion of that is CDS concerning "Sovereign / State Bodies", in
other words, countries. Some of the countries against which CDS bets
are being made, and the amounts of CDS bets, include:...."
Factory
orders tumble again
A quote...."WASHINGTON (Reuters) - Overall factory orders dropped 2.5
percent to a seasonally adjusted $432 billion, according to a Commerce
Department report. Economists expected a more modest 0.8 percent fall
and the sharp drop in orders follows a 4.3 percent plunge in August
orders, which was originally reported as a 4 percent decline."
U.S.
automobile sales plummet to 1983 levels
A quote...."U.S. auto sales plunged near 25-year lows in October, led
by a 45 per cent drop at General Motors Corp., with no sign the
industry's year-long slump has hit bottom and doubts persisting that
all the major automakers can survive."
Consumer
bankruptcies soar in October
A quote...."NEW YORK (Reuters) - Personal bankruptcy filings soared 40
percent in October and are expected to keep climbing as home values
sink and individual debts balloon, the American Bankruptcy Institute
(ABI) said on Tuesday."
France
threatens to seize banks, German bail-outs escalate
A quote...."The French state has threatened to seize control of the
country's banks and fire top staff unless they do their part to
stabilise the economy by stepping up lending to companies in need."
Boeing
delays first 787 Dreamliner flight - Again!! How about we all just call it
Boeing's new "virtual plane"?- mpg
A quote...."Boeing said Tuesday it will delay the first flight of its
787 Dreamliner because of problems with the installation of fasteners
on the passenger plane and a just-ended machinists strike." -- See also....Come
Fly the Un-Friendly Skys
and the articles shown below....
Boeing
787's first flight delayed until October: report
A quote...."The Boeing Co. has delayed the first flight of its 787
Dreamliner to October from late September, The Seattle
Post-Intelligencer reported online late Thursday, citing people
familiar with the matter. - Boeing had to push back the
first flight because of the complexity of installing and integrating
various systems on the 787, the Seattle, Washington state-based
newspaper said." - posted 08-12-07 -- Gee this
all sounds soooooo familiar, what was that company
called....EADS or something? - mpg
Boeing
announces delay in deliveries of 787 Dreamliner
A quote...."Boeing said Wednesday that continued challenges in
completing the assembly of its first 787 "Dreamliner" jets would force
it to delay initial deliveries of the plane by six months, to late
2008." - posted 10-10-07
Boeing
again puts off 787, cites supply-chain issues
A quote...."NEW YORK (MarketWatch) -- Boeing Co. will delay the maiden
flight of its 787 Dreamliner by another three months or so after the
aircraft maker underestimated the time needed to obtain and install the
plane's various systems." -- posted 01-16-08
-- After all the nasty things they
said about the delays with EADS's
Airbus A380....tsk, tsk, tsk. - mpg
Customer:
Boeing 787 faces more delays
A quote...."Steven Udvar-Hazy, chairman of International Lease Finance
Corp., a Los Angeles subsidiary of American International Group Inc.
(nyse: AIG - news - people ), told investors at a JP
Morgan conference Tuesday that he expects the first 787 flight won't
occur until the fall, and that the first delivery will be postponed to
the end of the third quarter of 2009." -- posted 03-20-08 -- This is funny, Boeing mercilessly
derided EADS's Super Jumbo A-380 when it experienced roll-out
delays and practically said they'd roll their's out first, they said
this
well over a year ago.....maybe we should all call Boeing’s new 787 the
virtual plane. Really environmentally friendly, totally
noiseless, doesn’t need any fuel and it will never crash. - mpg
Monday November 3rd 2008
Failed
States: America and Iraq, Rotted by War Crime
Must Read - A
quote...."And so
the great historical presidential campaign of 2008 is finally at an
end. By every reasonable and legitimate measure, Barack Obama will be
the winner. But of course "reasonable and legitimate measures" mean
little when dealing with deliberately fomented chaos and chicanery of
the American electoral process, the laughingstock of the rest of the
world, whose people stand in slackjawed amazement as they watch and
wait -- in dreadful impotence -- to see which hegemon will emerge from
the stormcloud of filth, lies, ambition and money that howls around the
campaign trail. -- It has been, as usual, a bizarre, even lunatic
experience, completely untethered from reality, obsessed with trivia,
gossip and spin, and emptied, again deliberately, of anything
resembling substance. Vague hope is offered by one side, vague, wiggly
fear by the other. "Change" is the universal mantra, but both sides
have fully and unashamedly embraced all the fundamental tenets and
practices of the current power structure: militarism, corporatism,
authoritarianism."
No
Currency Left to Buy the Big Lies
Must Read - A
quote...."Neoconservatives will lie in the weeds and gather forces, the
same players in a revolving door. They want back in and if history has
proved anything, worshiping the markets is not enough. We must actually
kill to feed them. A horrible cross-pollination of fundamentalism,
dementia and market fever has turned America into a willing enabler of
corporate cannibalism. Nothing else to call it when murder is seen as a
legitimate extension of economic policy. Preemptive war is not only
justified but openly referred to as a market opportunity. The strong do
what they can and the weak suffer what they must. As we look out at the
wreckage -- world economies collapsing, nationalized banks and a
complete loss of trust -- we can see the hypocrisy as all are revealed
as true socialists on the way down, crying in their scotch and Ambien
as they run to the state for cover." -- Also posted at ICH
& CommonDreams
Commentary:
They’ve squandered lives, fortunes and our sacred honor
Must Read - A quote...."
Here’s to the American people, the electorate, for finally coming to
their senses and voting for something different, for someone different
and for a chance to fix the multitude of man-made disasters that
confront us. By their votes, the Republican revolution and all it's
wrought — an economic meltdown, two endless wars, class warfare that’s
enriched the very rich and beggared everyone else and a treasury
bulging only with IOU's — will be crushed. That revolution began to
take root with the criminality of Richard Nixon's administration, with
its paranoid enemies list. It gathered steam in the time of Ronald
Reagan and with Newt Gingrich’s seizure of Congress. To be sure, there have been pauses, first
during Jimmy Carter's four years and then during Bill Clinton’s eight, in the GOP's rush to recover —
with
interest — the presidential power that Nixon lost to a
second-rate burglary and assorted other dirty tricks. - bold/underline
by website editor -- Also posted at
CommonDreams
"From
Checks and
Balances to Executive Despotism" by Bruce Fein - (Six Vids - aprox
10 min. each)
Must View Videos - With a real nifty video auto-load feature.
- mpg -- A quote...."On June 8, 2008, Bruce Fein delivered the
following speech, "From Checks and Balances to Executive Despotism," to
the second Future of Freedom Foundation conference, "Restoring the
Republic," held in Reston, Virginia."
Only
Nader Is Right on the Issues
Must Read - A quote...."
There is little disagreement among liberals and
progressives about the Nader and Obama campaign issues. Nader would win
among us in a landslide if this was based on issues. Sen. Barack
Obama’s vote to renew the Patriot Act, his votes to continue to fund
the Iraq war, his backing of the FISA Reform Act, his craven courting
of the Israeli lobby, his support of the death penalty, his refusal to
champion universal, single-payer not-for-profit health care for all
Americans, his call to increase troop levels and expand the war in
Afghanistan, his failure to call for a reduction in the bloated and
wasteful defense spending and his lobbying for the huge taxpayer
swindle known as the bailout are repugnant to most of us on the left.
Nader stands on the other side of all those issues. - So if the
argument is not about issues what is it about? " -- See also the other
choices -- top left hand column. - mpg
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An
Open Letter to Barack Obama - Between Hope and Reality
A quote...."In your nearly two-year presidential campaign, the words
"hope and change," "change and hope" have been your trademark
declarations. Yet there is an asymmetry between those objectives and
your political character that succumbs to contrary centers of power
that want not "hope and change" but the continuation of the
power-entrenched status quo. -- Far more than Senator McCain, you have
received enormous, unprecedented contributions from corporate
interests, Wall Street interests and, most interestingly, big corporate
law firm attorneys. Never before has a Democratic nominee for President
achieved this supremacy over his Republican counterpart. Why, apart
from your unconditional vote for the $700 billion Wall Street bailout,
are these large corporate interests investing so much in Senator
Obama?" -- *Ralph Nader* -- Also posted at CounterPunch
The
Limits of Change - What to expect from the Obama administration on the
foreign policy front
Related Article - A quote...."As I write this, we are 24 hours away
from the end of this seemingly endless presidential campaign, and all
the signs point to a victory – some would say an overwhelming victory –
by Barack Obama. I won't make any predictions here, what with the
Bradley Effect and other unknowns – including the possibility of a
"hanging chad"-like situation – but, given the polls, it's incumbent on
me to give my readers an indication of what to expect from an Obama
administration in the foreign policy department, and this is
undoubtedly reflected in the personnel he'll assemble on his foreign
policy team."
How Much Do the
Differences Between Obama and Bush Really Matter?
A quote...."Like a lot of people, I think it would be nice to have a
president who can speak in complete sentences, has lived abroad, admits
to having smoked pot, and is also African American. I recognize that
these are just personal qualities that appeal to some, alarm or disgust
others, and have at best symbolic bearing on the political substance of
an Obama/Biden presidency. Like a lot of people, I can not even bear to
look at or listen to Bush, with his sneering, sniggering, blue blooded
swagger. But whether it's the egregious Bush/Cheney, the geriatric,
belligerent, God-fearing McCain/ Pain, or the establishment-favorite
Obama/Biden team in charge, I see that these people are largely
figureheads at the prow of a lurching ship. Or to choose a more apt
metaphor for this most expensive campaign in history, Obama/Biden are
the label glued to a product called "America." [the New Roman Empire]
Top
Obama Adviser Has Long Ties to Neocons
Special Note - Related
Article - A quote...."With the 2008 presidential campaign at its end,
pundits have begun to discuss in earnest what expected winner Barack
Obama's administration might look like. An important piece of evidence
is Obama's campaign team, which largely escaped the harsh scrutiny that
his opponent's lobbyist-laden team received." -- Also posted at WarInIraq & BLN
Trying to find
something positive in the US elections to no avail
Contains Multiple Videos
- A quote...."I have tried to find significant differences between the
two presidential candidates in the United States, but the differences I
have found are inconsequential relative to what is needed to bring
about a real change, so the best I can do is repost a previous
article which outlines some of my main concerns."
========== ========== ========== ========== ========== ==========
========== ====
Nowhere
man: a farewell to Dubya, all-time loser in presidential history
A quote...."Forgotten but not gone" was the way in which the supremo of
Boston politics, Billy Bulger, liked to dismiss the human irritants he
had crushed beneath his trim boot. The same could now be said for the
hapless 43rd President of the United States as the daylight draws
mercifully in on his reign of misfortune and calamity. How is he
bearing up, one wonders, as the candidate from his own party treats him
as the carrier of some sort of infectious political disease? How
telling was it that the most impassioned moment in John McCain's
performance in the final debate was when he declared: "I am not George
Bush." -- Also posted at CommonDreams
Foreclosed
- The George W. Bush Story
A quote...."They may have been the most disastrous dreamers, the most
reckless gamblers, and the most vigorous imperial hucksters and
grifters in our history. Selling was their passion. And they were
classic American salesmen -- if you're talking about underwater land in
Florida, or the Brooklyn Bridge, or three-card monte, or bizarre
visions of Iraqi unmanned aerial vehicles armed with chemical and
biological weaponry let loose over the U.S., or Saddam Hussein's
mushroom clouds rising over American cities, or a full-scale reordering
of the Middle East to our taste, or simply eternal global dominance."
-- Also posted at CommonDreams
========== ========== ========== ========== ========== ==========
========== ====
Senior
Corporate Executives Warned to Leave N.Y. on 9/11: Source
Special Note - A
quote...."Foreign Policy Journal has learned that senior executives of
a major U.S. international corporation may have been warned to leave
New York on September 11, 2001. -- According to an inside source, one
of the senior executives of the corporation told him beforehand that
“something big” was going to occur and so other corporate executives
would be travelling out of New York." -- Also posted at InfoWars
On
the Bus With Willie: ‘Hell yeah there’s a reason to investigate 9/11′
Contains Vidoes - A
quote...."Authorities would destroy evidence and cover-up truth only if
it were concealing the real crime"
Scientists
Slam FBI Anthrax Probe
Special Note - A
quote...."It was an open-and-shut case, the FBI said. -- But three
months after agents pinned the post-9/11 anthrax mailings on Army
scientist Bruce Ivins - who committed suicide as the FBI closed in on
him - his former colleagues have approached a lawyer to sue the feds
for fingering the wrong man, The Post has learned."
Mercenary
Firm Offers to 'Detain Troublemakers' on Election Day (Updated)
Special Note - A
quote...."CIA-linked private military contractor Evergreen Defense
& Security Services offered to post sentries at Oregon election
offices on Tuesday, "detaining troublemakers" and making sure voters
"do not get out of control."
Bush
administration denies funding for FBI probe of mortgage mess Many more
agents needed, official says
A quote...."The Bush administration is rejecting FBI pleas for more
agents to investigate crimes that helped trigger the global financial
meltdown, bureau sources said this week."
Judge tells
White House to release wiretapping docs
A quote...."WASHINGTON (Reuters) - The Bush administration must give to
a federal court documents related to government wiretapping of domestic
communications without a warrant after the Sept. 11 attacks, according
to a recent court order."
Annals
of Crony Capitalism: Nuke Detection Machines Fail, Again
A quote...."You've got to hand it to the Bush administration. No matter
how pitifully their "homeland security" projects perform, money talks.
- Back in June, I reported on one such pet project under development by
the Department of Homeland Security (DHS): the Advanced Spectroscopic
Portal (ASP)."
2008
VoteWatch - Monday Round-Up
- 8
Articles [Day 1] ========== ========== ========== ====
McCain Rep Admits No
Instances of Voter Fraud [regarding ACORN's registration forms]
Special Note - A
quote...."A devastating
article on Sunday destroys the GOP's claims of "voter fraud" as a
member of McCain's own (amusingly named) "Honest and Open Election
Committee" has admitted that Republicans are unable to cite a single
"documented instance of voting fraud that resulted from a phony
registration form."
Judge
Refuses to Extend Voting Hours in Virginia
A quote...."03 Nov 2008 The Associated Press is reporting
that a Judge has refused to order longer voting hours and reallocation
of voting machines in Virginia. Last week the NAACP filed a lawsuit
against the Commonwealth and Governor Tim Kaine saying the state was
not prepared for Tuesday's election. It said that there were not enough
voting machines for areas that predominately served
African-American voters. It also asked the governor to extend voting
hours from 7pm to 10pm. The ruling from the judge today means that
hours will remain the same and no additional machines will be added to
five precincts named in the suit. -- Paragraph quoted from CLG
Voting
Lines Stretch To Eight Hours
A quote...."Early voting
has reached record numbers this year. Including absentee ballots, 27
million people have already voted. That's in spite of lines that
stretch on for hours. -- "Six hours is ridiculous in terms of waiting
in line," one Ohio voter told CNN. "I still haven't had an opportunity
to vote," said a Florida reader after waiting in line for three hours.
"It seems crazy."
Fulton,
Clayton Election Boards Nix Longer Voting Hours
A quote...."ATLANTA --
Fulton and Clayton County elections officials decided against asking
for federal permission to extend voting hours on Election Day. - The
counties considered whether to ask for expanded hours because of the
heavy turnout in early and advance voting."
FL
GOP Promises No "Frivolous" Voter Challenges in Legal Truce with Dems
- So they say. - mpg
A quote...."Specters of the 2000 election have risen in Florida, with
Democrats and Republicans engaging in legal wrangling just days before
Election Day."
Steal
Back Your Vote
A quote...."A lot of advice we're getting from our progressive friends
is to take photos of your ballot and silly stuff like that. Well,
that's all about how to complain after they steal it. I have a better
idea: Win, don't whine. -- #1: Gang Vote -- #2: Tell Them to Take Their
Provisional Ballot and ... -- #3: Get to Work"
POLITICS-US:
Vote-Flipping Reported on E-Voting Machines
A quote...."CHARLESTON, West Virginia, Nov 3 (IPS) - Several U.S.
citizens reported watching their votes flip on electronic voting
machines in different states during the early voting period,
highlighting the continued vulnerability of "e-voting" systems, which
about 50 million U.S. citizens will use on Tuesday, despite problems
since as early as 2004."
Poll Porn:
The Final Numbers
Final Poll Numbers - Special Note - A
quote...."Of course, these numbers won't mean sh-t if you people don't
get out there and work your asses off between now and tomorrow night.
-- Leave it all out there on the field (or the court, or the diamond,
or the road - whatever sports metaphor works best for you)." -- These
numbers, along with the exit polls, should be used as a check against
election fraud. If these numbers, especially the exit polls,
differ substantially from the actual vote count, it would mean without
any shadow of a doubt that election fraud took place. -
mpg
END -
2008 VoteWatch - Monday Round-Up - 8 Articles [Day 1] ==========
========== ==========
Landslide
UN vote in favour of Arms Trade Treaty
A quote...."Today 147 states at the United Nations voted overwhelmingly
to move forward with work on an Arms Trade Treaty (ATT). The Control
Arms campaign, which represents millions of campaigners around the
world welcomed the vote but called for more urgency from states to
advance the process quickly and ensure a strong Treaty with human
rights and development at its heart." -- "Only Zimbabwe and the U.S.
voted against treaty" - bold by website editor
U.S.
Is Funding Iranian Nuclear Program
A quote...."The U.S. is literally funding Iranian nuclear capabilities.
-- As CNN reports, the U.S. state department has given millions of
dollars to two Russian institutes which, in turn, are directly helping
to ramp up Iran's nuke capacity at Bushehr and other facilities." -- For more on this issue see....US
- Nukes for Everyone
A
strike against 'Iranophobia'
Special Note - A
quote...."On the eve of the United States presidential elections, a
landmark visit to Tehran by the head of Gulf Cooperation Council (GCC)
has been widely regarded in the Persian Gulf region as a major
diplomatic overture toward Tehran by the US-backed oil sheikdoms. --
Nearly one year after President Mahmud Ahmadinejad's landmark
attendance at the GCC summit in Doha in December 2007, where he
proposed a "new chapter of cooperation" between Iran and the GCC states
- Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab
Emirates - the latter have finally set aside their various misgivings
and decided to take up Ahmadinejad's proposals on economic, political
and security domains."
The
United States of ... Canada
A quote...."People around the world, including those in the Middle
East, may have paid little attention to Canada's parliamentary
elections on 14 October. This should come as no surprise, as Canadians
themselves seemed more interested in the developments of the
presidential race for the White House south of the border. Besides, the
Canadian election brought little change to the makeup of parliament.
The Conservatives maintained their lead and formed a minority
government while the Liberals lost more seats. -- But preserving the
status quo and the virtual absence of foreign policy as a topic of
public debate in the run up to the vote reinforces the transformation
in Canada's geopolitical role in relation to the Middle East. And this
must be of extra concern today." -- For
more on this issue see....White Man's Burden - 12-20-06 - mpg
Robert
Fisk’s World: Arabs have to rely on Britain and Israel for their history
Special Note - It’s a truism "that it's the victors who
write history", but as this article poignantly reveals, it's also true
that whatever that history may be, whatever the facts turn out to be,
it's essential that all peoples record them and make them publicly
available -- else no one will ever know the whole truth and as the
article points out if you
don't record your own "history", it may be written for your....even by
your mortal enemy. - mpg -- A quote...."There is no Public
Record Office in the Arab World, no National Archive -- In Damascus, a
massive statue of the late President Hafez al-Assad sits on a mighty
iron chair outside the 22,000sq m Assad Library, a giant book open in
his right hand. -- Behind him lie the archives of his dictatorship. But
not a single state paper is open to the people of Syria. There are no
archives from the foreign ministry or the interior ministry or the
defence ministry. There is no 30-year rule – for none is necessary. The
rule is for ever. There is no Public Record Office in the Arab world,
no scholars waiting outside the National Archives." -- Also posted at ICH
US
carries out more airstrikes in Pakistan
A quote...."In open contempt of the repeated protests by the Pakistani
government, the US military carried out another two air strikes on
October 31 against houses inside Pakistan's Federally Administered
Tribal Agencies (FATA), killing at least 27 people."
Pakistan warns
Petraeus against missile strikes
A quote...."AP foreign, Monday November 3 2008 ISLAMABAD, Pakistan (AP)
— Pakistan's defense minister warns the new head of U.S.
Central Command that missile strikes on its territory only stir up more
anti-U.S. feelings. -- American General David Petraeus is in Pakistan
on his first international trip since taking over. -- The defense
minister told Petraeus, Assistant Secretary of State Richard Boucher
and others in their entourage that the missile strikes from drones
"create outrage and uproar among the people."
Report:
Turkey Promises to Play Role in Stopping US Attacks Into Pakistan
Special Note - A
quote...."Pakistan’s Chief of Army Staff Parvez Kayani is being rushed
to Turkey this evening for a meeting with Turkish government officials
hot on the heels of Prime Minister Yousef Raza Gilani’s talks with
Turkish Prime Minister Tayyip Erdogan. The
meeting appears to be the first step toward Turkish involvement in
pressing the United States to halt its air strikes against targets
inside Pakistan." - bold by website editor
More
treachery at Guantanamo
A quote...."For many of the prisoners at Guantanamo, the forthcoming US
presidential election holds little promise of change. Although both
Barack Obama and John McCain have pledged to close Guantanamo, the
problem for at least 50 of the 261 prisoners still held at the prison
is not that the US government is unwilling to release them, but that
there is nowhere for them to go." -- Also
posted at CommonDreams
Taliban
to US: There is nothing to talk about
A quote...."New York, Nov. 3: Refusing any peace talk with America, a
top-ranking Taliban commander has said that his group has waged war
against the US-led forces to create an Islamic state in Afghanistan and
to bring Shariat law back to the country, a media report said on
Monday." -- On
the other hand.... mpg
Pakistani
Taliban Denies al-Qaeda Ties, Calls for Peace
Related Article - A quote...."Tehreek-e Taliban Pakistan (TTP)
spokesman Maulvi Omar denied today that his organization has any ties
with al-Qaeda, and reiterated his call for peace talks, saying the TTP
was sincere about peace with the government, and any attempt to resolve
the issues by force would prove fruitless."
Feature:
Iraqis say "Whoever next U.S. president would be, we want peace"
A quote...."BAGHDAD, Nov. 2 (Xinhua) -- As final hours are coming for
the Americans to decide who will be the next president, Iraqis said no
matter whom the next U.S. president would be, they want the United
States to pull out its troops and they want peace." -- Also posted at WarInIraq
MP:
Ayatollah's SOFA conditions not met
A quote...."An Iraqi lawmaker says none of the conditions set by Grand
Ayatollah Ali Sistani for signing the US-Iraq security pact have been
met."
US
attack on Syria 'sign of despair'
A quote...."Iran's Manouchehr Mottaki says the recent US raid on Syria
is an obvious manifestation of Washington's desperation rather than a
show of might."
Iraq
plans to cut Sunni fighters' salaries
A quote...."BAGHDAD — The Iraqi government plans to cut salaries for
the estimated 100,000 members of the Awakening movement whose revolt
against Al Qaeda in Iraq played a key role in bringing about the sharp
fall in violence in Iraq. -- The move is certain to aggravate building
tensions between the Sunni volunteer force and the Shiite-led
government, which assumed responsibility for the Awakening movement
from the U.S. military earlier this month." -- Keep in mind it was the US that started
this program, it was the US, that until quite recently, was the one
funding it, and as stated in the article the US will NOT be making up
the short fall. This is not going to be good for anybody in Iraq.
- mpg
No
US bases in northern Iraq without Baghdad nod: Talabani
A quote...."BAGHDAD (AFP) – Iraqi President Jalal Talabani has said
that American troops can set up bases in northern Iraq's Kurdish region
only if the Shiite-led government in Baghdad gives its approval."
Media Silent On
Evidence Of Israeli Targeting Of Youngsters
A quote...."MEDIA LENS: Correcting for the distorted vision of the
corporate media -- On the afternoon of Thursday 28 February, 2008, a
group of Palestinian boys were playing football on some open ground
near their homes in the Gaza Strip. At around 3.20pm, an Israeli
aircraft fired a missile at the boys, killing four of them instantly
and seriously injuring another three. The four dead boys were Omar
Hussein Dardouna, aged 14, Dardouna Deib Dardouna, aged 12, Mohammed
Na’im Hammouda, aged 9, and Ali Munir Dardouna who was just 8."
Israeli
industrial zones using West Bank as chemical dump
A quote...."Hebron / PNN / Radio Dream – The Israeli administration has
buried more than 50 percent, or three million tons, of its nuclear and
chemical waste in the occupied West Bank."
Who
Is Rashid Khalidi?
A quote...."The Jews of Europe were jumping out of a burning building,
and no one can blame them for doing so. But they landed on other
people. They landed on the Palestinians, and for that the Jews have to
right their wrong.” -- *Rashid Khalidi*
India:
N[uke]. Deal with US No Hurdle for Importing Iranian Gas
A quote...."TEHRAN (FNA)- External Affairs Minister Pranab Mukherjee on
Sunday said in Tehran that India's nuclear deal with the United States
will in no way adversely impact a project to import Iranian gas via
Pakistan."
Venezuela
Books 10.251B Barrels More in Oil Reserves
Yes, but Iraq's crude is so
much "sweeter", especially when you've added so much blood to it.
- mpg -- A quote...."Venezuela said Wednesday it was adding 10.251
billion barrels of crude to its national reserves as part of an ongoing
review of its hydrocarbon reserves. -- With this increase, the oil-rich
country's total reserves now amount to 152.561 billion, making
Venezuela the country with the second largest crude reserves, the
Venezuelan oil ministry said in a statement." -- Also posted at WarInIraq
Gazprom
to start exploratory gas drilling in Venezuela
A quote...."MEXICO CITY, November 2 (RIA Novosti) - A Russian floating
platform will start to drill deep test wells on November 7 to prospect
natural gas fields in the Gulf of Venezuela, Venezuelan President Hugo
Chavez said on Sunday."
Czech
opposition demands top court examine U.S. missile deal
A quote...."MOSCOW, November 3 (RIA Novosti) - The Czech opposition
Social Democratic Party demanded on Monday that the Constitutional
Court examine the legality of agreements signed with the United States
on deploying an anti-missile radar in the country."
Fears of new war
rise around separatist Abkhazia
A quote...."The crackle of gunfire at night makes sleep all but
impossible along Georgia's border with separatist Abkhazia, feeding the
fears of so many here that the war they hoped was over may be erupting
anew."
Russia
decries Georgian military buildup
South Osetia/Abkhazia War #II
Warning - A quote...."MOSCOW, Nov. 1 (UPI) -- Russia's permanent
representative to the Organization for Security and Cooperation in
Europe said Georgia has deployed troops along its border."
Medvedev
to raise Caucasus crisis in state of nation address
A quote...."MOSCOW, November 3 (RIA Novosti) - Russian President Dmitry
Medvedev will speak about the situation in the Caucasus in his state of
the nation address next Wednesday."
========== ========== ========== ========== ========== ==========
========== ====
Russians
With Pumpkins Protest Many U.S. Plots
Special Note - A
quote...."MOSCOW — Thousands of Russians from the pro-Kremlin youth
group Nashi gathered in front of the United States Embassy here on
Sunday night carrying jack-o’-lanterns inked with the names of war
victims and charging that the war in Georgia was part of an American
plot to improve Senator John McCain’s electoral prospects."
Scared
Ossetians flee Georgia
A quote...."Ethnic Ossetians are leaving Georgia in search of somewhere
to live in South Ossetia. Refugees claim they're being forced out of
their homes and villages in Georgia, where most of them have spent all
their lives."
Moscow
Removes Ingushetia President - Thank
God. - mpg
A quote...."Spontaneous dancing broke out in the streets Thursday night
in the tiny Russian republic of Ingushetia, which borders the troubled
Chechnya region. The reason for the celebration was that Moscow had
accepted the "voluntary resignation" of Ingush President Murat
Zyazikov. No part of the Russian Caucasus today has a political
situation hotter than Ingushetia's, and no leader in the volatile
region has been less effective and more embattled than Zyazikov."
Russia,
Libya sign civil nuclear deal as Kadhafi visits: Tripoli
A quote...."MOSCOW (AFP) — Libya and Russia signed a civil nuclear
cooperation deal Saturday, Tripoli's foreign minister said, as Moamer
Kadhafi visited Moscow for talks he said could help restore
"geopolitical equilibrium"."
Russia
negotiates a naval base in Libya
A quote...."The Kommersant, a Russian business daily, reported last
Friday that Libya is willing to host a Russian naval base as a means of
security against any possible U.S. attack. The newspaper also cited
that the Libyan leader was planning to raise the naval base issue
during talks with the Russian leadership during his visit on
October 31st to November 2nd."
Russian
navy to hold war games in Indian Ocean
A quote...."MOSCOW: The Russian navy will hold war games in the Indian
Ocean in a bid to boost its global presence, a navy spokesman said on
Saturday, announcing Moscow’s latest move to flex its military muscle."
========== ========== ========== ========== ========== ==========
========== ====
Thank
You US Tax Payers Says AIG with Hunting Party
A quote...."Like Enron, no one had ever heard of insurance monolith AIG
until it was making headlines by ruining the economy. Like Enron, AIG
used off balance sheet sleight of hand to goose counterparty profits
and disguise a house of cards. But unlike Enron, AIG principals didn't
go to jail. They got $122 billion of US tax payer money because they
were "too big to fail." -- And it
didn't hurt that if AIG went down, they would have taken Goldman Sachs
with them....for more on that issue see....AIG,
Goldman Sachs, Paulson And Buffet
Central
Banking and Credit Quality
A quote...."There are many very serious economic negatives of a central
bank that supporters of central banks ignore. Instead, they argue that
the central bank is a good institution because it helps to remedy
recessions. That argument is highly misleading. The central bank can
and does stimulate economic activity at times, but in doing so, it
creates booms, bubbles, inflation, mal-investment, and the subsequent
depressions. It is as if a doctor gave amphetamines to a patient who
wanted to stay awake for the next 72 hours. The patient goes
hyperactive for a while before suddenly dropping dead. "
China,
Russia, Belarus renounce the US Dollar?
Related Article - A quote...."Marinchenko is convinced of a beneficial
impact. According to Marinchenko, once the ruble is recognized as a
settlement unit, it will enjoy growing demand with Chinese companies
and individuals. The Russian currency will consequently grow stronger
and more influential globally. -- Russia will also become immune to
many shocks from stock market meltdowns and won't have to fear future
devaluation or revaluation of the ruble. It will happen because the
role of the U.S. dollar, which has earned a reputation as an unstable
and unreliable currency lately, will be much less important.
Strong
dollar, stamina in doubt
A quote...."The US dollar as measured against six major world
currencies has appreciated about 19% during the past three months
through end-October. In particular, the US dollar index stands at 85,
up from a recent low of 71.3. This trend reversal takes the dollar's
valuation back to levels not seen since October 2006 and represents
nearly a 38.2% retracement from its index peak of 120 in January 2002;
by any measure a significant move and one largely unexpected by the
financial markets both in terms of its timing, speed and magnitude. --
What has caused this abrupt appreciation of the dollar during the past
quarter and what can we expect over the next 12-24 months? There are
both fundamental and technical reasons that have been US-dollar
supportive in the past several months."
The
Shocks Continue : Currency Crisis and Emerging Market Collapses
A quote...."On both sides of the Atlantic there is incredulity at the
gall of bankers. Goldman Sachs is reported to have set aside $7 billion
for bonuses having received $6 billion from the federal government in
bailout funds; while The Royal Bank of Scotland is scheduled to pay out
a much more modest $2.9 billion equivalent. -- The age old argument
that bonuses have to be paid to keep people from walking has of course
been trotted out. In the current atmosphere, it might be said that
bankers are lucky not to be walking the plank let alone getting a
bonus. Indeed, in any just society many of them would be in jail
already." - Amen to that. -
mpg
So
Goes the Nation?
Full quote...."There's an old saying: "As
GM goes, so goes the nation". -- Well, GM is in big trouble. Its
sales are down 45%
since last year. It has been shut out of the bond market for the fifth
month straight. Indeed, GM
may go belly up. -- The "Baltic Dry Index" is widely believed to be
a proxy for the health of the overall economy. The Baltic Dry is down 90%
since May. -- They said Lehman - like the U.S. itself - was "too
big to fail". Lehman failed. -- As GM, the Baltic Dry Index and
Lehman go . . . so goes the nation?"
U.S.
rejects GM's call for help in a merger - Do not ask for whom the bell tolls, it
tolls for thee. - mpg
Related Article - A quote...."DETROIT: The Treasury Department has
turned down a request by General Motors for up to $10 billion to help
finance the automaker's possible merger with Chrysler, according to
people close to the discussions."
Despite
Taxpayer Bailout, Fed Says Banks Tighten Loan Standards Most on Record
A quote...."As you probably know, banks are spending taxpayer bailout
money to pay executive bonuses, distribute dividends to shareholders,
and - with the government's assistance - to buy out their competitors.
-- You've probably also heard that the banks themselves admit they'll
keep hoarding cash. -- Now, according to the Fed, even after being
handed hundreds of billions in taxpayer loot, the banks have tightened loan standards the most on record."
Manufacturing
activity at 26-year low
A quote...."NEW YORK (CNNMoney.com) -- A key index of the nation's
manufacturing activity fell to a 26-year low, sliding into recession
territory, according to a purchasing managers group."
Manufacturing
screeching to a halt -- Commentary: Plunging demand for U.S. exports
kicks out last support
Related Article - A quote...."WASHINGTON (MarketWatch) -- In the
clearest evidence yet that the economy has fallen into a deep
recession, U.S. manufacturing firms are offering their grimmest views
on the economy since the early 1980s. -- Not only is domestic demand
still weakening significantly, but
export growth has ground to a halt, according to the highly
regarded Institute for Supply Management index released Monday. See
full story." -- bold by website editor. -- The dollar is screaming upward (who knows
why at this point) and everybody we could export to currently has their
economies contracting due to their own recessions, so much for
"exporting" our way out of our own. - mpg
Brown's
£17,000 tax raid on EVERY private pension... as value of cushy
public sector schemes soars to £1trillion
A quote...."Gordon Brown's tax raid on pension funds has snatched
£17,000 from every worker's retirement pot, research says today.
Yet the value of public sector schemes - funded by taxpayers - has
soared to an astonishing £1trillion. Opposition MPs, business
chiefs and campaigners demanded an investigation into the growing
'pensions apartheid'." -- Also
posted at BLN
Sunday November 2nd 2008
No Posts. - mpg
Saturday November 1st 2008
“…the
realities of a New World Order.”: Joe Biden
Special Note - A
quote...."(So you don’t think Obama and Biden are Globalists, huh?
“…this is a new Democratic Party not
the party of the 70s and 80s. This
is a party that has adjusted to the realities of a new world order…I
think there is going to be a collaborative effort to make the 21st
century an American century.”
-- *Joe Biden.*)" -- For more on this issue see....A
Funny Thing Happened On The Way to the New American Century - 10-31-08
- mpg
Barack
Obama warned that terror attacks could soon test mettle
False Flag Warning - A
quote...."Barack Obama has been warned by intelligence officials that
terrorists will attack US targets or a friendly state such as Britain
or Israel to test his mettle if elected." -- For more on this issue see....They're
Going to do "It" Again
Robert
Gates shows nuclear impatience
Special Note - A
quote...."MOSCOW. (Nikita Petrov for RIA Novosti) - U.S. Defense
Secretary Robert Gates is all for a resumption of nuclear tests. In a
key speech at the Carnegie Endowment for International Peace, he said
the U.S. could not maintain deterrence, reduce arms or modernize them
without tests." -- Trick or
Treat! There goes the Nuclear Test Ban Treaty, which will soon be
going bye-bye under "Bombs Away O-bomb-a's" reign. That didn't
take very long
did it folks? He's not
even elected yet and already everyone can
see the signs of things to come. - mpg
"IRAQ:
Market in ruins after bulldozers move in
The New Roman Empire, doing its
"level" best, or as
Thomas Friedman used to say...."it's a flat world" (and getting flatter all the time).
-
mpg -- A quote...."(Further expanding on the Israeli model of the
Gazafication of Iraq, U.S. and Iraqi forces are now taking to using
Caterpillar Bulldozers to level whatever pops-up in another person’s
country that they don’t like. With unemployment somewhere around 40-50%
in certain areas of Iraq, and the walls cutting off all trade and
commerce that the US doesnt’ approve of and “tax”, people of Iraq have
taken to setting up open air markets to buy and sell goods needed for
everyday life. The working poor of Iraq depend on these markets just to
get by. And so, of course, with the US military providing security, the
Iraqi military is crushing these markets as quickly as they can. This
is beyond fascism; it shows an underlying contempt, a hatred, for the
people at large by the “elected” Iraqi government, as expressed in the
following article."
========== ========== ========== ========== ========== ==========
========== ====
Those Poor Starving Little Muslims
11-01-08
mpg
Millions of
Afghans Face Starvation
Some quotes...."With a combination of a summer drought, poor irrigation
and rising global food prices, a famine is unveiling in Afghanistan
with third of Afghans are suffering chronic food insecurity, a British
think-tank warned on Friday, October 31. -- "While the eyes of the
world have focused on violence which is increasingly terrorist in
character, an estimated 8.4 million Afghans, perhaps a third of the
nation, are now suffering from 'chronic and transitory food
insecurity'," Royal United Services Institute (RUSI) analyst Paul Smyth
said in a press briefing on its website." -- "British charity Oxfam
warned earlier this year that around five million Afghans are facing
food shortages. "
Isn't that nice, Oxfam is there
to help "those poor starving little Muslims". Here's a
suggestion, why don't the Brits and the NRE stop bombing and killing
everyone in sight? How about that idea?
This whole thing is sort of
like taking your SUV and repeatedly running over some poor pedestrian,
again, and again, and again. Than after exiting your vehicle and
viewing the horrible carnage you've caused, you proceed to exclaim as
loudly as you can to everyone who can hear you, "My goodness gracious
how
did this terrible tragedy happen". You than pick up the poor
pedestrian, stuff him into your trunk, take him to the local hospital -
which you happen to own – very publicly pat yourself on the back and
congratulate yourself for saving the "poor sod"....than you send him
the bill for services rendered.
And when he can't pay up....you
put him in jail. This is what passes nowadays as help for the
so-called third world. It's not funny or amusing
anymore, perhaps people in the "Anglo-American West" should just stop
causing all the
problems in the first place. - mpg
========== ========== ========== ========== ========== ==========
========== ====
British
commander in Afghanistan quits - source
A quote...." LONDON, Nov 1 (Reuters) - A commander of Britain's elite
special forces in Afghanistan has resigned, a defence source said on
Saturday, declining to give further details. - Major Sebastian Morley,
a reservist commander with the Special Air Service (SAS), blamed a
chronic lack of investment in equipment for the deaths of some of his
soldiers, according to the Daily Telegraph newspaper."
These types of Generals should
just get a
grip on themselves and stop being so overly concerned for their
expendable personnel, why are they always complaining about the easily
replaceable and ridiculously inexpensive biological portions of their
nation's weapons systems. The grunts in the field are simply "war
products" on loan to the US's MIOC elites per agreement so this
General's betters in the British establishment can get a bigger cut of
any future Iraqi oil contracts. The General should just change
his perspective, look at the "big picture" and get
on board the gravy train like so many of his American contemporaries
have. - mpg
========== ========== ========== ========== ========== ==========
========== ====
Thirty
Years Too Late: The Implosion of John McCain and the Demise of the
Regressive Right
Great satire. -
mpg -- A quote...."There are lots of good explanations for why
John McCain is
rapidly swirling down the toilet bowl into the sewer of political
ignominy, but my all-time favorite was just published in the New York
Times Magazine this week."
Coming Soon: Congress
Is Back With 'Stimulus-2'
Here's some more satire.
- mpg -- A quote...."Washington, taking a page out of Hollywood, looks
set to
release Stimulus 2, the sequel. -- And unhappy, tapped-out
taxpayers—aka voters—may get a sneak preview of the second fiscal
package as soon as next week if lawmakers return to Washington for a
lame-duck session under the eye of a newly elected President. --
Critics and supporters alike, however, should hope that the next fiscal
stimulus package is more of a commercial success than its predecessor,
lest another big-budget flop be tacked on to the ever-growing federal
debt."
Nightmares
of Financial Misery
And more - mpg -- A
quote...."10-31-2008 -- Almost a trillion dollars of new credit in 6
weeks! Gaaaahhhh! My hands now mysteriously clenched into Mogambo Fists
Of Outrage (MFOO), I am forced to clutch a pencil between my teeth and
try to laboriously calculate that if $1,803 billion in Federal Reserve
credit is up $915 billion in 6 weeks, then the percentage change is,
ummm, wait a minute, ummm, carry the one, ummmm, well, the percentage
change is, ummm, well, who the hell cares what the damned stupid exact
percentage is when you can just freaking LOOK at the problem to see
that TFC has about doubled? Yow! A 100% gain! In 6 weeks!"
Dollar
Bill On Floor Sends Wall Street Into Frenzy
And even more. - mpg --
A quote...."NEW YORK—Wall Street investors experienced a sudden surge
in optimism Tuesday when, after six tumultuous weeks that saw record
drops in the Dow Jones industrial average, a $1 bill was spotted on the
floor of the New York Stock Exchange. -- The dollar bill was discovered
in the northwest corner of the trading floor at approximately 12:05
p.m., and its condition was reported as "crinkled, but real." Word of
the tangible denomination of U.S. currency spread quickly across the
NYSE, sending traders into a frenzied rush of shouting, arm-flailing,
hooting, hollering, and, according to eyewitnesses, at least one dog
pile."
Friday October 31st 2008
Making
Excuses for Obama: or The Mythology of Good Intentions
Must Read - A
quote...."Every time I write about Barack Obama I get a lot of
letters, and the most typical goes something like this:"
Dear Justin,
I read your column regularly, and generally agree with what you have to
say, but I think you've got Barack Obama all wrong. Yes, I know, he
went before AIPAC and kowtowed; he pledged to do "anything – and I mean
anything" to stop Iran's nuclear program. He acts "tough" and says he's
going to invade Pakistan; he gets in Russia's face. But that's all a
show: you see, he has to do this stuff or else he won't get elected.
Once he's safely in office, he'll do the right thing.
Sincerely,
John Q. Reader
"This is an amalgam, but true to the spirit of the many pro-Obama
missives I've received. They express a sentiment that is very
widespread, so much so that it doesn't seem to matter, much, what Obama
says he's going to do, because, in any case, his fans and supporters
will simply insist on projecting their own hopes, desires, and views
onto him."
========== ========== ========== ========== ========== ==========
========== ====
The
Greatest Story Ever Told 2
A quote...."On the face of it Barack Obama's Grand Infomercial was all
about America's future under the guidance of Barack Obama. It
didn't overtly compare this to an America with McCain/Palin at the
helm, and it certainly made no reference or comparison to Ralph
Nader. Yet in a very real sense, this one and a half million
dollar political ad epitomizes the old saw that says you can't judge a
book by its cover. For anyone who bothers to peal back the
wrapping and brush aside the glitter, the truth is there for everyone
to see." - Trick or treat
America....you're gonna be tricked. - mpg
Obama
begins to “lower expectations” for a Democratic White House
Just ten or twenty more shoes
to go....than comes the boots, the hip-waders, NASA's space suits with
boots attached, Paul Bunion’s boots, than the Jolly Green Giant's
boots, Imelda Marcos's entire closet (all of them), etc. etc. etc.....mpg -- A
quote...."Democratic presidential candidate Barack Obama has begun to
back away from his promises of social change, even before balloting
concludes on Election Day next Tuesday. The Democratic Party is favored
to win the White House and increased majorities in both the House of
Representatives and Senate on November 4."
========== ========== ========== ========== ========== ==========
========== ====
"A
Second 9/11": An Integral Part of US Military Doctrine
A quote...."For several years now, senior officials of the Bush
administration including the President and the Vice President have
intimated, in no certain terms, that there will be "a Second 9/11".
U.S.
Government Anticipates Bin Laden Election Tape
A quote...."Seemingly desperate for Emmanuel Goldstein to remind
Americans that they should still fear their own shadow, the corporate
media is maniacally preempting the release of a Bin Laden tape before
or after the election, despite there being no actual evidence that one
is forthcoming." -- "If Bin Laden does pop up over he next few days, it
will only be to John McCain’s benefit. Indeed, McCain’s own adviser
Charlie Black let the cat out of the bag back in June when he said that a terror attack on American soil would
be a “big advantage” to McCain’s election hopes." -- bold by
website editor
Irony:
Europeans trusted Bush and he spit in their soup
A quote...."Over here in Iran, I have gotten the chance to read more
European papers and watch more European TV than I ever did back in the
States -- and what I have discovered while reading up on the European
POV is that Britain, Germany, France, etc. are currently in the midst
of a terrible economic meltdown. -- While it makes me sad to see
individual Europeans hurting so much, does that make me feel sorry for
Europe as a whole? Not really. Why should I? European nations have
chosen their fate willingly and have simply received the logical
consequences of their folly -- they trusted George Bush and he spit in
their soup." -- Editor's Note: Obviously
that's not totally fair, the French (at least until they elected
Sarkozy) and in part the Germans, correctly and valiantly stood up to
our Neo-Roman Elites' attempts to impose a murderous new world order
and both
them, especially the French, got pilloried for their efforts. -
mpg
58.
America's Slow-Motion Fascist Coup
Interview - A
quote...."Lew Rockwell interviews Naomi Wolf - More from Naomi Wolf:
She wrote Give
Me Liberty: A Handbook for American Revolutionaries. - Her numerous
appearances are documented on YouTube."
========== ========== ========== ========== ========== ==========
========== ====
A Funny Thing Happened On The Way to the New American Century"
10-31-08
mpg
Intelligence
chief sees growing potential for conflict
A quote....""Strategic rivalries are most likely to revolve around
trade, demographics, access to natural resources, investments and
technological innovation," McConnell said in a transcript of a speech
provided by his office. -- If current trends persist, by 2025, China
will be en route to becoming the world's largest economy, a major
military power and likely the world's largest importer of natural
resources, McConnell said. -- India and Russia would be close behind
with more wealth and power, he said. -- Economic and population
growth
will put increasing pressure on a number of strategic resources, such
as energy, food and water." - bold by website editor
Round One: The scenario
described above is exactly what our elites' oh-so-clever PNAC plan (or
as they like to call it, "this thing of ours") was designed to prevent.
The idea was they'd go blow up three thousand of their own citizens
with the essential and greatly appreciated support of the Saudi Royals
(after all what are "friends" for), the US (NRE) elites would than
promptly size the oil resources and geo-strategic positions they needed
throughout the Middle East necessary to control the world's emerging
economies, (a.k.a. "shock & awe", the "cake walk", etc.) all the
while cheerfully funding their plans of mayhem and murder with the
biggest ponzi scheme the world has ever seen this side of
Albania. After which our wonderful glorious elites would get to
sit down, relax, drink a couple of beers, smoke a few cigarettes, shoot
the breeze, and live happily ever after....or not, as the case may be.
Otherwise known as "a funny thing happened on the way to the New
American Century".
Round Two: Our elites get rid of the peons and second raters in
Repub part of the DemoRepub party, especially "those religious
nut-jobs" (who were quite useful for a time and quite easy to fool,
after
all, who else would gladly sacrifice their puny little lives to enrich
there betters) all the while letting their more money-oriented, more
well-connected brethren carry off some of their not-so-well-deserved
swag, booty and bling. Pretend that they NEVER EVER hired that moron Bush,
(you have to feel sorry for our elites, it really is hard to get good
help these days), his mechanical talking aide Cheney, the Neocons, et.
al. to carry out that "thing of theirs". -- Sweep the whole,
sorry, ugly, God awful mess into the national dust bin with the usual
help of their boot-licking presstituting mass-faux-media whores,
assisted as always by the ever faithful Demo faction lead by such
stalwarts as Nancy Pelosi and various fellow travelers, along with most
of the American population who just happen to have the memory retention
of gnat. -- Hire a more intelligent facilitator to carry
out the remaining portion of that "thing of theirs" and fearlessly
proceed onward with whatever new PNAC incarnation (PNAC 2.0 with the
9/11 deux upgrade option perhaps?) they've had their lackeys feverishly
developing these last couple of years. All the while hoping the
idiotic Repub dead-ender die-hard faction of the DemoRepub party
doesn’t do something precipitously stupid."
Round Three: Can't predict the results yet but rest assured all
you interested folks out there, this website editor will be delighted
to diligently bring you all the upcoming hideously gory details as they
develop from the world's greatest ring side seat. So keep your hats on
and hang on for the ride of your lives (notice it's your lives and not
your illustrious wealthy elites' lives) as the world's never ending
story of "your money and your
life" plays out. - mpg -
mpg
========== ========== ========== ========== ========== ==========
========== ====
Why
hasn't anyone been arrested?
A quote...."Only about a month ago, most of us ordinary folks were
shocked to learn that the greatest economic empire the World has ever
known was basically rotten to it's core. We're barely a month
into the 2nd American Revolution. Life as we knew it will never
be the same."
The
Next New Deal?
Reagan presided over a fifty-year metastasization of the New Deal. But
compared to the present day, government spending in the early 1980s was
downright stingy. Thirty years of easy money, corporate capitalism and
military adventurism doesn’t wear well on a country. -- The so-called
Reagan revolution is proof that wanting smaller government isn’t the
same as getting it. By the end of his presidency, every bad thing –
that is to say everything – about our federal government had increased
radically. Sheldon Richman summarized the Reagan legacy in 1988, and it’s worth
re-reading today. -- Only a brave American, a suicidal
Constitutionalist, or a sadistic Bolshevik would wish to honestly
contemplate the frightening summary of government growth that will be
written at the end of 2008. But perhaps the withering away of the state
is still possible."
Paul:
US election not democratic
A quote...."Congressman Ron Paul has criticized the election system in
the US, saying that the system is not very democratic for third
parties. In an exclusive interview with MSNBC, the former Libertarian
Party's nominee for president in 1988 also said that he had no other
way except becoming a Republican candidate in 2008."
The
Other Nominees
A quote...."Meet Cynthia McKinney and Rosa Clemente, the presidential
and vice presidential nominees for the Green Party of the United
States. One would expect McKinney, former congresswoman representing
the Fourth CD of Georgia, and Clemente, community organizer, journalist
and political activist, to be propelled onto the national stage with
the same vigor shown at least to the other third-party
candidates. After all, McKinney, who is African American, and
Clemente, an Afro-Puerto Rican, are the first ever minority female
ticket in U.S. history. So why is it in a time of ‘firsts’ and an
election termed the most ‘diverse and progressive’ have so few
Americans even heard of McKinney, Clemente or their platform?" -- For more on this issue see....You
Have a Choice Democracy or Empire - 07-24-08 - mpg
Justice
Department Balks on Ohio Vote
A quote...."Despite pressure from Ohio Republicans and President George
W. Bush, the Justice Department has declined to intervene in a voter
dispute in Ohio that could have purged at least 200,000 voters from
registration rolls."
Colorado's
Secretary of State Goes Rogue
A quote...."Despite just reaching a settlement with voter rights groups
on Wednesday, Colorado's Secretary of State Mike Coffman has continued
to purge voters from the roll, causing a judge to issue a cease and
desist order." -- Maybe Coffman
thinks he's Bush, the great decider. - mpg
13
Election Protection Experts on How to Prevent E-Voting Problems
Special Note -- A
quote...."We assembled a panel of leading election integrity (EI)
experts and asked their advice on myriad aspects of the e-voting
problem. Their recommendations are wide-ranging and should hopefully
serve as a wake-up call, since candidates' political futures, not to
mention the future of the U.S. and the entire planet, could be decided
on error-prone and worse, easily tamperable electronic voting systems."
Documents
reveal how Ohio routed 2004 voting data through company that hosted
external Bush Administration email accounts. -- Special Note - A quote...."Newly
obtained computer schematics provide further detail of how electronic
voting data was routed during the 2004 election from Ohio’s Secretary
of State’s office through a partisan Tennessee web hosting company."
========== ========== ========== ========== ========== ==========
========== ====
Maliki:
Don’t call it a ‘security pact’; it’s ‘an agreement to withdraw’ U.S.
troops.
A quote...."Today, the AP is reporting that according to a close aide
to Iraqi Prime Minister Nouri al-Maliki, the Iraqi government “wants to
eliminate any chance U.S. forces will stay” in Iraq “after 2011 under a
proposed security pact.” But also yesterday, al-Maliki took issue with
calling the agreement a “security pact”: "
Iraqis
lash out at security agreement with U.S.
A quote...."The U.S. has little favor among Iraqis due to the pain and
hardships its invasion of their country has caused. -- Consequently,
almost all Iraqis interviewed by this newspaper were adamantly against
the signing of the proposed security agreement with the U.S. The few
who wanted the pact to pass, asked the government for substantial
revisions that will give U.S. troops none of the privileges they now
enjoy."
Iraq
MP: 420 secret detention centres in Iraq
A quote...."GENEVA - An Iraqi parliamentarian on Thursday called on the
United Nations to investigate what he said were over 400 secret detention centres in
the country controlled by both the government and US-led foreign
forces." -- bold by website editor
US's
Syrian raid sets Iraq on fire
A quote...."DAMASCUS - The United States raid on Syria on October 27,
which led to the killing of eight civilians, sent shockwaves throughout
Iraq, mainly enraging the Sunni community, former Ba'athists and tribal
leaders who are pro-Syrian."
========== ========== ========== ========== ========== ==========
========== ====
Memo
from Islamabad - Out of Control
Special Note - A
quote...."The United Nations Charter states, among other wise and
widely forgotten strictures, that “All Members shall refrain in their
international relations from the threat or use of force against the
territorial integrity or political independence of any state, or in any
other manner inconsistent with the Purposes of the United Nations.” The
meaning is clear, in that the signatories to the Charter agreed that
territorial integrity was and is fundamental to sovereignty and
national dignity. It is essential that a country be permitted to
conduct its affairs without the fear of attack by powerful states
having policies and intentions detrimental to humanitarian values and
civilized conduct."
Strange Strike
A quote...."With one deadly strike, the Bush administration has offered
a fitting epitaph to its "might makes right" policy towards Syria — and
the rest of the Middle East." -- Also
posted at CommonDreams
Who
Authorized the Syria Raid? (Updated)
A quote...."I've been trying to wrap my brain around the Syria raid
earlier this week. But two articles are sticking in my craw. First, Eli
Lake (late of the later New York Sun), reports in The New Republic that
the attack into Syria was part of a blanket authorization of
cross-border raids for both Iraq and Afghanistan, approved earlier this
summer. So that brings us to the million dollar question: Who
authorized the attack?"
========== ========== ========== ========== ========== ==========
========== ====
Twin
US Drone Strikes Kill 32 in Waziristan
A quote...."Pakistani Prime Minister Yousef Raza Gilani once again
warned NATO that the unilateral air strikes into Pakistani territory
were “counter-productive” today as the United States launched two drone
strikes, in North and South Waziristan Agency, respectively, killing a
total of 32 people." -- Just
remember gentle reader, Pakistan is "our
friend" and the US (NRE) is trying to "help" Paksitan. Hopefully
every single other country out there is watching this fiasco and begins
to understand just what happens when you "do business" with the NRE's wealthy
elites. - mpg
UK
opposes US incursions into Pakistan: Straw
A quote...."ISLAMABAD: British Secretary of State for Justice Jack
Straw on Friday opposed repeated United States incursions into
Pakistan’s territory, and urged Washington to respect the sovereignty
and integrity of its vital allies."
[Real] Friends
can help
Pakistan avoid IMF: Gilani
A quote...."Friends can help Pakistan avoid IMF: Gilani
* PM says no possibility of default, denies IMF has
asked for cut in defence budget
* Govt to seek deferral of oil dues from Saudi
Arabia
ISTANBUL: Ruling out possibility of facing bankruptcy, Prime Minister
Yousuf Raza Gilani has said he hopes Pakistan can avoid IMF assistance
if it wins billions of dollars in aid from friendly governments to cope
with a balance of payment crisis.
========== ========== ========== ========== ========== ==========
========== ====
McCain, Obama
Advisers Get Secret Afghan Briefing
A quote...."The New York Times is reporting that the Bush
Administration held a secret meeting two weeks ago to brief advisers
from the campaigns of both Republican Presidential nominee John McCain
and his Democratic Party counterpart Barack Obama on the
ever-deteriorating situation in Afghanistan. Though the details of the
meeting were not classified, the participants agreed not to discuss to
content of the briefings or the discussions publicly."
Robert
Fisk: Scandal of six held in Guantanamo even after Bush plot claim is
dropped
A quote...."In the dying days of the Bush administration, yet another
presidential claim in the "war on terror" has been proved false by the
withdrawal of the main charge against six Algerians held without trial
for nearly seven years at Guantanamo prison camp." -- Also posted at CommonDreams
Maguire: UN is
responsible for every death resulting from the siege on Gaza
A quote...."GAZA, (PIC)-- Nobel Peace Prize winner, Mairead Corrigan
Maguire, who arrived in Gaza on SS Dignity a couple of days ago, held
the United Nations responsible for deaths resulting from the siege on
Gaza which has been in place for almost two years."
Ecuador
alleges 'clear' signs of CIA infiltration
A quote...."QUITO, Ecuador (AP) — An Ecuadorean presidential commission
has concluded that U.S. intelligence services infiltrated the Andean
nation's military and police and supported a cross-border incursion by
Colombian troops that killed a top rebel commander. -- Following the
attack on a Revolutionary Armed Forces of Colombia camp inside Ecuador
on March 1, President Rafael Correa accused the CIA of infiltrating his
nation's intelligence services and appointed a commission to
investigate. -- The body alleged in its report, made public Thursday,
that the CIA bought information from Ecuador's military and had prior
knowledge of the raid, said Defense Minister Javier Ponce, who read
highlights of the findings to reporters."
Venezuela
Launches its First Satellite
A quote...."Mérida, October 29, 2008 (venezuelanalysis.com)--
Venezuela's Satellite Simon Bolivar, also known as Venesat-1, was
launched Wednesday at 12:25 pm Venezuelan time, from Xichang, China. It
will be used to improve telecommunications and facilitate social and
education projects."
Over 360
Latin America Experts Call on Obama to Improve U.S.-Latin American
Relations
A quote...."WASHINGTON - October 28 - Anticipating a democratic victory
in the November 4 presidential elections, 368 academics specializing in
Latin America recently sent a letter urging Senator and presidential
candidate Barack Obama to become a partner, rather than an adversary,
concerning changes already under way in Latin America."
US,
mute over world condemnation at Un [of the US's Cuba embargo]
A quote...."On Wednesday, rapturous applause filled the chamber of the
UN General Assembly after the members voted against the US embargo
imposed on Cuba. -- A total of 185 countries voted in favor of the
anti-US resolution with a mere three UN member states (the United
States, Israel and Palau) voting against the measure and two abstaining
(Marshall Islands and Micronesia)."
Sergei Markedonov:
Abkhazia as the Theatre of Georgia’s Terrorist Activities and Sabotage
A quote...."The renewed attempts to destabilise the situation in
Abkhazia against the background of the unquiet life in South Ossetia
and Georgia’s territory adjacent to it, need consideration and
assessment of these new threats to the security of South Caucasian
states recognised by Russia and to Russia itself as a guarantor of
their statehood and the right of self-determination."
Czech
politics takes a left turn
A quote...."MOSCOW. (Alexander Mitrofanov for RIA Novosti) - The
political color of the Czech Republic has changed overnight."
Russia-China:
oil for loans - i.e. Russia is
turning east, the EU should stop siding with the NRE against Russia.
A quote...."MOSCOW. (RIA Novosti economic commentator Oleg Mityayev) -
On October 28, when China's Premier Wen Jiabao was visiting Moscow, he
signed an agreement calling for the construction of an oil pipeline to
China as part of the prospective Eastern Siberia-Pacific Ocean (ESPO)
pipeline."
Gaddafi in
Russia to buy arms
A quote...."The Libyan leader Muammar Gaddafi is in Moscow for the
first time in 23 years. He’s holding talks with President Dmitry
Medvedev on arms and energy. The Russian President says he expects the
visit to be fruitful. Countries have been queuing up to sign lucrative
deals with energy-rich Libya ever since the UN lifted sanctions against
it."
Ukraine
takes Russian channels off air
A quote...."Three Russian TV channels have been banned from
broadcasting in Ukraine. The country's authorities ordered local cable
operators to take them off air. More than half of Ukraine's population
speaks Russian regularly and one third say it's their native tongue."
========== ========== ========== ========== ========== ==========
========== ====
Big
Investors Betting on Deflation
Market Technical Note -
Some quotes...."Mark Hulbert says
that investors in U.S. treasury bonds are betting on deflation:" --
"There are good
arguments for stagflation - instead of deflation. But if the big
boys are betting on deflation with their own money, that's important
information."
Desperate
Measures
Charts - A quote...."The
Fed’s action to either raise or lower rates has become a major focal
point for the markets in recent years. It seems that the vast majority
of the public believes that the Fed is actually controlling interest
rates and as a result that they are controlling the credit and equity
markets. For a week before the Fed meeting it seems that the entire
global markets' focus was on “what the Fed is going to do.” Will they
cut a quarter, will they cut a half or will they not cut at all? Then,
after the meeting the talking heads and analysts sit around and try to
analyze the meaning of their “Fed Speak.” This is a joke. I am about to
show you the proof that the Fed follows the short-term credit market
and that in reality they do not lead. The data simply does not support
this widely held belief. I realize that this may come as a shock to
you, but reality is what it is. The data speaks for itself."
FDR
Explains the Crisis - Why 2008 Feels Like 1932
A quote...."It is no coincidence that our problems today are a replay
of those of 1932, albeit with a less rapid economic descent because of
the safety nets like Social Security and bank deposit insurance put in
place by President Franklin Delano Roosevelt’s New Deal programs of the
30s. Each and every form of securities and bank fraud that led to
the conditions of 1932 have been perpetrated again today. The
only differences are that this time the Wall Street leverage is larger
and the fraud frequently began its life with a triple-A pedigree and a
legal opinion from a top tier law firm registered as a lobbyist
with the U.S. government."
The
End of Prosperity - The Worst Is Yet to Come
A quote...."From too much of a good thing. From the 1980s and 1990s
excesses. From the longest ever US bull market. Heavily manipulated to
keep it levitating. From August 1982 to January 2000. An illusory
reprieve from October 2002 to October 2007. Fluctuations aside, all
lost in the past 12 months. The wages of sin are now due, and payment
is being painfully extracted. From all nations globally. Affecting
ordinary people the most who had nothing to do with creating booms and
busts. They got little on the upside but are paying dearly for the
down."
History's
biggest margin call
A quote...."The entire world was seemingly positioned for a particular
financial backdrop and received an altogether different one. Some years
ago I wrote something to the effect that "financial crisis is like
Christmas". After all, during the Alan Greenspan era at the Federal
Reserve, periods of heightened financial and/or economic pressures were
almost cause for celebration within the leveraged speculating
community. Aggressive rate cuts and "easy money" were the trumpeted
solution to any problem, which equated to easy financial fortunes for
the savvy market operators. Over time this culture of leveraging,
speculation and financial shenanigans fanned out across the globe -
throughout finance, commerce and government endeavors."
7.5 million homeowners 'underwater'
Special Note - Financial Warning
-- A quote...."Nearly a fifth of U.S. borrowers
owe more on their mortgages than their homes are currently worth - and
that number is growing."
- bold/underline by website editor
America
heads towards recession - US consumer spending logs its sharpest
downturn since the recession of 1980
Well....now we all know why
don't we. - mpg -- A quote...."A slump in consumer spending
caused the US economy to shrink in the third quarter of the year at the
fastest pace it has contracted since the recession of 2001. -- The
first estimate of GDP for the three months ended 30 September provided
long-awaited confirmation that the slowdown has turned into an outright
contraction, after two years of gathering storm clouds that first
appeared over the US housing market."
China
And Russia Hint At Dropping US Dollar
Special Note - A
quote...."Reports from the Russian media suggest that the country is
on the verge of an agreement with China to renounce the US dollar and
stop using it in international settlements. "The recent meeting between
Russian Prime Minister Vladimir Putin and his Chinese counterpart, Wen
Jiabao, created a financial sensation," reports RIA Novosti. - "Wen
said that the two nations could withstand the global financial crisis
if they joined forces; Putin urged him to go farther and stop using
U.S. dollars in Russian-Chinese settlements." -- Editor's
caution: This does not mean the dollar will go down, the reason
being our
elite's
currently control over $1.3 quadrillion in derivatives, an amount of
leverage that allows them to do pretty much whatever they want with the
markets....for awhile anyway.
- mpg
Euro
fever sweeps through Scandinavia as currencies dive
Special Note - A
quote...."The Danish and Swedish governments have begun preparing the
ground for referendums on joining the euro, as part of a huge political
reversal across Europe's northern fringes in favour of the single
currency. Although voters have overwhelming rejected the euro in the
past, both countries are now pointing to the recent damage inflicted on
their national currencies as evidence that staying out has left them
dangerously over-exposed to market vagaries."
Joint
SCO efforts urged to beat financial woes
A quote...."ASTANA: Ensuring the security of China's economy would be
the country's most important contribution toward global financial
stability, Premier Wen Jiabao told prime ministers from the Shanghai
Cooperation Organization (SCO) Thursday. "It is necessary to have
greater interaction between our financial and business communities,"
Wen said. "SCO members must work ... to enhance the coordination of
monetary policies and improve financial controls to prevent and
neutralize financial risks." Wen said China would consider issuing
loans to members of the organization to ensure food security and
support joint projects in the region."
Thursday October 30th 2008
Scott
Horton Interviews Tom Engelhardt
Must Listen - Audio Interview
- A quote...."Tom
Engelhardt, editor of TomDispatch
and of The
World According to TomDispatch,
chronicles the failures of the Bush Administration and their misguided
faith in the dark side of force, the state of complete catastrophe
inside Afghanistan and on its border with Pakistan, the precarious
situation in Iraq, Bush’s failure to get Iran to stop enriching Uranium
(his standard), how U.S. policy has benefited Hamas and Hezbollah, the
worst crisis on earth: the U.S.-caused war in Somalia and the rise of
much more radical forces there than those whose power the invasion was
meant to thwart."
Expanding
War, Contracting Meaning
A quote...."A week ago, I had a long conversation with a four-star U.S.
military officer who, until his recent retirement, had played a central
role in directing the global war on terror. I asked him: what exactly
is the strategy that guides the Bush administration's conduct of this
war? His dismaying, if not exactly surprising, answer: there is none."
-- Also posted at AntiWar & CommonDreams
Is War Good
For the Economy? In short: No
A quote...."The idea that warfare helps the economy is a prime example
of Bizarro logic, which has pervaded our collective consciousness since
the 9/11 terrorist attacks, ideological fallout from the explosion of
national hysteria that followed. In Bizarro World, as we all know, the
laws of nature and logic are inverted, so that up is down, freedom is
slavery, and ignorance is strength. In the post-9/11 era, as I have
often pointed out, we have finally arrived in a world where two plus
two can and indeed often does equal five – if it suits the purposes of
the War Party to deem it so."
Bomb
Your Way Out of Debt and Recession!
A quote...."According to the Alex Jones
radio show, Chinese media is discussing a Rand Report which calls for
another, bigger, better war to stave off the impending recession.
Apparently, the Chinese feel they may be targets. I have felt the same
thing for a while. Here we are, totally dependent on China for our
trinkets and other, more necessary commodities, not to mention that
their loans keep us financially afloat, and we're trash talking them
like a pro wrestler before a match. That makes absolutely no sense,
unless the US plans to pay back the loans with cruise missiles -
delivered by air." -- See article
shown below....
RAND
Lobbies Pentagon: Start War To Save U.S. Economy
Special Note - Related
Article - A
quote...."According to reports out of top Chinese mainstream news
outlets, the RAND Corporation recently presented a shocking proposal to
the Pentagon in which it lobbied for a war to be started with a major
foreign power in an attempt to stimulate the American economy and
prevent a recession." -- For more
regarding the three articles shown above see....
Effective Fed Funds Rate - 03-24-07 - mpg
Obama's
9/11 - only in January 2009
False Flag Warning - Gulf of
Tonkin Redux Warning - A quote...."It's true that Sen. Joe Biden
"isn't very bright and he can't stop talking." But Biden's
uncontrollable mouth may have alerted us to the Obama-Biden
administration's post-election surprise - something so scary, Obama is
"gonna need you to use your influence, your influence within the
community, to stand with him...." Whatever's on Biden's agitated little
mind, it must be big, real big. - If Big Mouth Joe is already
pleading for patience from the faithful, we are looking at Bush/Cheney
the Sequel." - Be afraid. Be very afraid. Apparently, Joe is
scared out of his limited supply of wits." -- For more on this issue see....They're
Going to do "It" Again
Obama
the Stalker
A quote...."No presidential candidate has ever used massive amounts of
money to so effectively stalk voters. You cannot escape the Obama
sales pitch wherever you are, whatever you watch, whatever you
read. His campaign will go down in American history as the most
successful advertising and marketing effort to sell a product. -- While
people on the left love to talk and b-tch about Republicans stealing
elections, what should worry people is how a candidate can buy the
presidency, because they have conned millions of people to donate money
while at the same time using those smaller campaign contributions to
block the truth that a huge fraction of all the money has come from the
same corporate, business and wealthy fat cats that have always funded
both Republicans and Democrats. This ensures that Obama will
never, ever take any action to remove the tyranny of the status quo
two-party plutocracy."
After
Waking Up to the Threat to Liberty, What Do You Do?
Action Alert - A
quote...."In my conversation with Naomi Wolf, we agreed that millions
of people were awakened from their slumber of the past horrific Bush
years. Perhap's you're one of them. Now that you are awake, it's time
to face the fact that the Declaration of Independence and the
constitution literally make you RESPONSIBLE to do what it takes to make
sure liberty and justice are not only protected and maintained but
taken even further and better. That means that YOU have an obligation
to DO something. Not just once, not just a note to the editor-- but
systematically, commitedly, on a regular basis."
========== ========== ========== ========== ========== ==========
========== ====
Iraq
stands firm against US threat
A quote...."WASHINGTON - The threat by the George W Bush administration
last week to withdraw all economic and military support from the Iraqi
government if it does not accept the US-Iraq Status of Forces Agreement
(SOFA) has raised the stakes in the political-diplomatic struggle over
the issue. "
Auditors:
Private security in Iraq cost over $6B
A quote...."WASHINGTON: No one knows for sure, but auditors think the
United States has paid well over $6 billion to private security
companies who have been guarding diplomats, troops, Iraqi officials and
reconstruction workers in Iraq."
========== ========== ========== ========== ========== ==========
========== ====
Trick or
Treat or Syria
A quote...."The war party continues to retreat; its skirmishers trail
behind the main body to burn bridges, set booby traps, and otherwise
harass the advancing Obama phalanx. The Syrian shenanigan is the latest
tactical move in the neoconservative right's fight-another-day
strategy, both in the fact of it and in the way it has been covered in
our polluted mainstream media."
Syrian riot
police form ring around US Embassy
A quote...."Tens of thousands of Syrians turned out Thursday for a
massive government-orchestrated protest against a deadly U.S. raid near
the Iraqi border."
========== ========== ========== ========== ========== ==========
========== ====
Tackling
US adventurism
A quote...."THE protest lodged with US Ambassador Anne Patterson, who
was summoned to the Foreign Office on Wednesday, indicates that the
government is serious about implementing a new policy in the light of a
consensus resolution passed on October 27, which, among other things,
clearly stated that US drone attacks on Pakistani territory would no
longer be tolerated. Hopefully, the envoy, who was handed over a copy
of the resolution, would understand that there is now an elected
government in power, which is bound to act upon the advice of
Parliament. The Foreign Secretary was indeed right in terming these
attacks, including the recent one that killed over 20, a violation of
our sovereignty aimed at undermining the government's efforts to wipe
out the scourge of militancy from the country."
Pakistan
Demands US Halt Air Strikes
A quote...."As promised earlier this week by Pakistani Senate leader
Raza Rabbani, the Pakistani government has summoned US Ambassador Anne
Patterson today to lodge a “strong protest” against the continued US
drone strikes inside Pakistani territory. The government statement
cautioned that the US strikes “undermine public support for the
government’s counterterrorism policies.”
Pakistan
seeking Iranian oil assistance - It's
sort of funny that the Sudi Royals aren't helping out. - mpg
But the Iranians just might
help the Pakistanis out. The Saudi Royals better get on the ball
or they won't have any friends left in the Middle East. - mpg
-- A quote...."SLAMABAD: Pakistan will vigorously follow up its request
to Iran for oil supply on deferred payment to tide over its current
economic difficulties in case of a delay or non-availability of the
Saudi oil facility, a senior official said on Thursday."
[Pakistani]
Senators warn against IMF loan
If Pakistan takes the loan,
they might as well just declare bankruptcy now and get it all over with.
- mpg -- A quote...."ISLAMABAD: Not only the opposition but also some
sympathisers of the PPP-led government in the Senate on Thursday
opposed loan from the International Monetary Fund (IMF)."
========== ========== ========== ========== ========== ==========
========== ====
IMF
& World Bank Have Done Damage To Poor - And everybody else, except for that "one
percent" of course.
A quote...."When the World Bank (WB) and the International Monetary
Fund (IMF) required the government of Mali to privatise its cotton
sector, President Amadou Toumani Toure travelled to Washington in 2005
to plead for the reversal of the policy to no avail."
At Least 68
Killed in Assam Bombings
A quote...."At least 11 and possibly as many as 18 bombs were detonated
in rapid succession in and around Guwahati, in the Indian state of
Assam, killing at least 68 people and wounding at least 470 others. The
bombs were largely hidden on motorcycles in crowded markets."
Johann
Hari: How we fuel Africa's bloodiest war
A quote...."The deadliest war since Adolf Hitler marched across Europe
is starting again – and you are almost certainly carrying a
blood-soaked chunk of the slaughter in your pocket. When we glance at
the holocaust in Congo, with 5.4 million dead, the clichés of
Africa reporting tumble out: this is a "tribal conflict" in "the Heart
of Darkness". It isn't. The United Nations investigation found it was a
war led by "armies of business" to seize the metals that make our
21st-century society zing and bling. The war in Congo is a war about
you." -- Also posted at CommonDreams
How
EU Turns 'Blind Eye' to Israel's Crimes - posted at Palestine
Chronicle
A quote...."At last, someone has published an easy-to-read document
that sets out very clearly how Israel consistently ignores the legal
and human rights obligations that form the basic conditions to the
various economic co-operation agreements it has with the EU. Israel
clearly had no intention of complying and its repeated breaches should
have resulted in suspension or expulsion long ago. Yet the regime
continues to enjoy 'most favoured nation' status."
Palestinian
Kristallnacht
A quote...."In a conflict that has produced more than its share of
suffering and tragedy, the name of Kafr Qassem lives on in infamy more
than half a century after Israeli police gunned down 47 Palestinian
civilians, including women and children, in the village."
========== ========== ========== ========== ========== ==========
========== ====
Election
Protection
A quote...."Election Day approaches, and with it a test of our election
system’s integrity. Who will be allowed to vote; who will be barred?
Who will get paper ballots; who will use electronic voting machines?
Will polls be open long enough to accommodate what is expected to be a
historic turnout?" -- Also posted at
CommonDreams
The
Unrepresentative American Election
A quote...."Surveys show that Democratic contender Barack Obama will
likely be elected president. That’s not as certain as some polls
indicate, however, because the electoral system in the U.S. wasn’t
created to best represent the will of the people. It was created to
create the most stable majorities..."
US
elections - is the fox guarding the henhouse?
Must View Video - A
quote...."States purged more than
thirteen million voters from registration rolls in the last four years.....With
less than a week left at the polls, issues of voter suppression have
moved into the spotlight. What does this mean to the average voter and
what obstacles may they face at the polls ? Professor of Law Spencer
Overton believes that, "We need really to open up the process so that
voting is easier, and so that we truly have a government of, by, and
for the people." - bold/transcripted by website editor
========== ========== ========== ========== ========== ==========
========== ====
Italy
helped "save" Gaddafi by warning of US air raid (Extra)
A quote...."Rome - Italy 'probably helped save' Libyan leader Moamer
Gaddafi's life when it warned Libya of a 1986 US air strike, Libyan
Foreign Minister Mohammed Abdel-Rahman Shalgam said Thursday. Shalgam's
claim, made at a conference in Rome, referred to an April 15, 1986
operation in which the then US president, Ronald Reagan, ordered
several attacks against Libya, the ANSA news agency reported."
Bolivia:
Unprecedented Alliance Defeats Right-Wing Assault
A quote...."LA PAZ: After three months of intense class struggle, there
can be no doubt that the U.S.-backed right-wing opposition to the
government of President Evo Morales has suffered three important
defeats. The right's offensive to topple Morales, which climaxed with
the September 11-12 "civic coup" attempt, has been decisively rolled
back by the combined action of the government and social movements."
========== ========== ========== ========== ========== ==========
========== ====
They Made a Killing: The
Use of Knowledge of Covert Operations in the Stock Market
Special Note - A
quote...."I had always assumed the entire business of the markets to be
a massive criminal enterprise that allowed public participation simply
because it made a few people extremely wealthy. But, I wondered, when
do the fewest people make the most money in the shortest period of
time? -- During gaps. -- A gap is a sudden, violent change in the price
of a stock, future, bond, etc. Gaps are caused by some event that
temporarily creates a state of disequilibrium in order flows. Gaps on
stocks started to draw my attention because I just knew that insiders
(and others) were pre-positioning themselves to profit from those
moves."
Incentivizing
Murder: Plan Colombia and the Bitter Fruits of Empire
Special Note - A
quote...."Colombia’s government, the Bush administration’s top ally in
Latin America, has been buffeted by the disappearance of ...dozens of
young, impoverished men and women whose cases have come to light in
recent weeks. Some were vagrants, others street vendors and manual
laborers. But their fates were often the same: being catalogued as
insurgents or criminal gang members and killed by the armed forces. --
Prosecutors and human rights researchers are investigating hundreds of
such deaths and disappearances, contending that Colombia’s security
forces are increasingly murdering civilians and making it look as if
they were killed in combat, often by planting weapons by the bodies or
dressing the corpses in guerrilla fatigues. -- With soldiers under intense pressure in
recent years to register
combat kills to earn promotions and benefits like time off and extra pay,
reports of civilian killings are climbing, prosecutors and
researchers say, pointing to a grisly facet of Colombia’s long internal
war against leftist insurgencies. - bold/underline by website editor --
Wow! Capitalism at it's
finest, it's what one would call "making a real killing".
Something
all you folks out there can look forward to once the US's NorthCom gets
good and cranked up. - mpg
Ex-Italian
President: Provocateur Riots Then “Beat The Sh-t Out Of Protesters”
Special Note - A
quote...."Former Italian President Francesco Cossiga has offered a
solution to the Italian government in dealing with widespread
demonstrations by students and teachers over a cut in state funding of
education - use agent provocateurs to start riots and then have the
police “beat the sh-t out of the protesters”. -- Cossiga, former
Italian President, Prime Minister, Minister of the Interior, and one of
the founders of the Operation
GLADIO covert intelligence unit,
encouraged Silvio Berlusconi and current Minister of the Interior
Robert Maroni to “do what I did when I was Minister of the Interior,”
namely infiltrate what so far have been relatively peaceful
demonstrations, radicalize them, start riots, then engender public
support for a heavy-handed police response."
Smith
orders inquiry into MI5 and CIA torture claims
A quote...."acqui Smith, the home secretary, has asked the attorney
general to investigate possible "criminal wrongdoing" by the MI5 and
the CIA over its treatment of a British resident held in Guantanamo
Bay, it was revealed tonight."
CIA
officers could face trial in Britain over torture allegations
Special Note - A
quote...."Senior CIA officers could be put on trial in Britain after
it emerged last night that the Attorney General is to investigate
allegations that a British resident held in Guantanamo Bay was brutally
tortured, after being arrested and questioned by American forces
following the terrorist attacks on New York and Washington in 2001." --
For more on this issue see....Fun
& Torture - It's a Pleasure. - mpg
Questioning
‘Dirty Bomb’ Plot, Judge Orders U.S. to Yield Papers on Detainee
A quote...."WASHINGTON — Saying he questioned the government’s claim
that a Guantánamo Bay detainee had planned a radioactive-bomb
attack in the United States, a federal district judge ordered the
Justice Department on Thursday to give the detainee’s lawyers documents
on his treatment."
US
military judge rejects effort to redo Guantanamo convict's sentence
A quote...."GUANTANAMO BAY NAVAL BASE, Cuba (AP) - The U.S. military
judge who presided over the first war-crimes trial at Guantanamo Bay
has rejected a prosecution request to reassemble jurors in order to
reconsider sentencing for Osama bin Laden's driver."
After
six years, Australian jury clears Jack Thomas of all terrorism charges
A quote...."In what amounts to a further discrediting of the "war on
terrorism," Melbourne worker Jack Thomas was acquitted last week by a
Victorian Supreme Court jury of the only remaining terrorist charge
against him. Nearly six years after he was first detained in Pakistan,
he was declared not guilty on a charge of receiving cash and an air
ticket from Al Qaeda, and convicted on a charge of falsifying his
passport. Thomas had admitted removing from his passport a visa granted
by the Taliban, in a desperate attempt to return home to Australia."
Shell
announces huge rise in profits
A quote...."Oil giant Royal Dutch Shell today joined the profits
bonanza from record prices with a 71 per cent jump in third-quarter
earnings."
Exxon
Mobil: Biggest profit in history
A quote...."The largest U.S. oil
company surges past analysts' estimates with a posted net income of
$14.83 billion and sets a
national record for quarterly profit." - bold/underline
by website editor
To the men and women in the US
Armed Forces, thank you, thank you, thank you. Our wonderful wealthy
elites couldn't have done it without your endless sacrifice and
support. Keep
up the good work. - mpg
========== ========== ========== ========== ========== ==========
========== ====
"It's
Hard to Live on Just a Half Million a Year" Wall Street Bonus Madness
- posted at CounterPunch
A quote...."You created an economy that is so unstable that the
bankruptcy of a few big firms would mean worldwide catastrophe. - Your
policies lost the world $10 trillion on stock markets in the last month
alone. - You've started a worldwide recession/depression that will go
on for years. - So for a punishment
we're giving you $20 billion in bonuses." -- Haa, haa,
haaaaa....it really, truly is, totally hilarious. - mpg
Goldman
Sachs ready to hand out £7bn salary and bonus package... after
its £6bn bail-out
A quote...."Goldman Sachs is on course to pay its top City bankers
multimillion-pound bonuses - despite asking the U.S. government for an
emergency bail-out. - The struggling Wall Street bank has set aside
£7billion for salaries and 2008 year-end bonuses, it emerged
yesterday. - Each of the firm's 443 partners is on course to pocket an
average Christmas bonus of more than £3million." - For more on this issue see....AIG,
Goldman Sachs, Paulson And Buffet
See also....
========== ========== ========== ========== ========== ==========
========== ====
How
US politicians and bankers built a financial debt house of cards, whose
collapse threatens to destroy the world economy -- Special Note - A quote...."Why does
the world economy seem to be caught every 60 some years in a financial
and banking turmoil that threatens to collapse the real economy? The
answer has to be sought in human greed and political corruption that
seem to collaborate in pushing to the extreme all types of speculative
and parasitic practices."
Workers,
Unite! Demand that you be paid in Gold Bullion!
A quote...."Put 'supply side' nonsense to the test! Demand that you be
paid in gold bullion. If right wing ideology and theories were correct,
your bosses shouldn't have a problem with it. They will not accede to
your demands because they know that right wing economics is pure
bullshit!"
Killer
touch for market capitalism
A quote...."The US government has predictably failed to jump-start
credit and capital markets, refusing to recognize that assets will stay
illiquid until price adjustments bring about market transactions.
Government monetization of illiquid assets will only prolong their
illiquid life span. This approach risks the total destruction of market
capitalism."
Rohini Hensman:
Marxism and the Economic Crisis
A quote...."A Theory of Crisis -- The credit system was relatively
undeveloped in Marx’s time, and he would not have been familiar with
hedge funds, mortgage-backed securities, collateralised debt
obligations (CDOs), credit default swaps (CDSs), and all the other
derivatives that are now part of the global financial system. However,
he was familiar with generalised crises, and tried to explain financial
turmoil in terms of what is now referred to as ‘the real economy’:
i.e., a crisis in the accumulation of capital. In his view, such crises
were inevitable in capitalism, because it is a system of production not
for human need but for profit."
Banks
Borrow $112B From Fed
A quote...."With sources of credit still largely frozen, banks borrowed a record amount from
the Federal Reserve in the past week, according to Fed data released
Thursday." - bold by website editor
Deflation
vs. inflation - Commentary: Deflation is more likely than many assume
Special Note - A
quote...."It's important to ask this question, because something is
most definitely bothering the gold market. Between Oct. 8 and Oct. 23
alone, for example, bullion dropped by some $225 per ounce. It dropped
$15.50 per ounce on Thursday as well." -- On the other
hand.... - mpg
Wheat
Soars Most in 20 Years on Federal Reserve's Rate Decrease
A quote...."Oct. 29 (Bloomberg) -- Wheat rose the most in at least 20
years on speculation the Federal Reserve and European Central Bank
would cut interest rates, increasing liquidity and freeing up capital
that will allow buyers to purchase U.S. supplies."
GDP
falls 0.3% in third quarter on dive in spending
A quote...."WASHINGTON (MarketWatch) -- The U.S. economy contracted at
a 0.3% annualized rate in the third quarter, as consumer spending
declined at the fastest rate in 28 years, the Commerce Department
estimated Thursday."
LA
Times Will Cut 10% of Its News Staff Because of 'Economic Downturn,'
Says Editor
A quote...."The Los Angeles Times plans to cut 75 jobs, or 10 percent
of its news staff, a response to the world financial crisis that is
exacerbating already painful advertising declines at U.S. newspapers.
The cuts are comparable in scale to some that the Times made on the
business side of its operations last week, Editor Russ Stanton told
employees in an email message that the Times posted on its website
Monday, Reuters reports."
Nasa
defends rocket to Moon that could shake astronauts to death
A quote...."Ares is meant to be the rocket that will launch a new era
of lunar exploration. Instead it is in danger of crashing into its own
launch tower or of shaking its astronauts to death." -- Hey! Whatever happened to that bigger,
better, totally reusable super-shuttle that NASA was planning to
build. Oh that's right; we used up all the money for building it
killing people
in other countries so we could go steal their oil. Ain't we
smart,
instead of having bases all over the moon, maglev ore packets being
boosted to earth orbit for our dozens of earth orbiting manufacturing
plants and a multi-trillion dollar, peaceful, high-tech, space
industry,
not to mention a national health care system, viable alternative energy
sources, a good sound infrastructure and educational system....we'd
rather
give all our money to a tiny decadent, sick, twisted financial elite
and kill
millions of strangers. Guess a country and it's people have to
have their priorities in
order. - mpg
Why
Did the Chicken Cross the Road; A liberal's perspective
Here's some fun. - mpg
Wednesday October 29th 2008
My
assessment of American politics today
Must Read - A
quote...."October 28, 2008 "Information Clearinghouse - -- On one side
of our struggle is normal American imperialist conservatism represented
not by McCain, but by Obama. These are the forces of the old
constitutional business republic which the USA has been for some two
hundred years. (We euphemistically call this elite business republic a
"democracy" which of course it is not. A democracy is a republic where
the free members of society exercise the authority of government. This
is not the USA in which government has always represented business,
capital, the owning or ruling class, never the vast majority of people
in society, the people.) -- On the other side of this political contest
are forces that can be described with justice in many different terms:
the extreme right, corporatist, Wall St. thieves and black mailers,
thugs, international pirates, the military-industrial complex,
militarists, the prison-industrial complex, totalitarians, liars, or
fascists."
The Elections and the
Responsibility of the Intellectual to Speak Truth to Power
Must Read - A
quote...."The presidential elections in the US, once again, provide an
acid test of the integrity and consequential conduct of US
intellectuals. If it is the duty and responsibility of the public
intellectual to speak truth to power, the recent statements of most of
our well-known and prestigious public pundits have failed miserably.
Instead of highlighting, exposing and denouncing the reactionary
foreign and domestic policies of Democratic Party candidate Senator
Barack Obama, they have chosen to support him, 'critically, offering as
excuses that even 'limited differences’ can result in positive
outcomes,and that 'Obama is the lesser evil’ and 'creates an
opportunity for a possibility of change.’ -- What makes
these arguments untenable is the fact that Obama’s public
pronouncements, his top policy advisers, and the likely policymakers in
his government have openly defined a most bellicose foreign policy and
a profoundly reactionary domestic economic policy totally in line with
Paulson-Bush-Wall Street. On the major issues of war, peace, the
economic crisis and the savaging of the US wage and salaried class,
Obama promises to extend and deepen the policies which the majority of
Americans reject and repudiate."
What Do They Have
to Do to Lose Your Vote? -The Trail of Broken Promises
Must Read - A
quote...."Watching the Democrats in the final weeks of the presidential
election has been a lesson in revisionist history. While they lament
the terrible crimes perpetrated against the American people by George
Bush and vow to keep fighting for our rights, they conveniently gloss
over the fact that they have no standing to make such claims. Indeed,
the Democrats, including Senator Barack Obama, have actually voted with
President Bush’s agenda, making them complicit in his acts, not valiant
opponents defending our liberties."
========== ========== ========== ========== ========== ==========
========== ====
Scott
Horton Interviews Jim Bovard
Audio Interview - A
quote...."Jim Bovard, author of many great books, most recently
Attention Deficit Democracy, discusses America’s abandonment of law and
rising police state, many people’s need to identify with a savior, the
benefits of the Ron Paul candidacy, the story behind the Republicans
failure to remove Bill Clinton from power in 1998, the continuing
failure of the corporate media and the hope for a more humble foreign
policy with Obama."
CIA
Can Hide Torture Allegations, Court Rules
A quote...."The CIA can hide statements from imprisoned suspected
terrorists that the agency tortured them in its set of secret prisons,
a federal judge ruled Wednesday." -- Guess
we'll all never find out who was really behind 9/11....thanks to
Chief Judge Royce Lamberth of the Washington D.C. Circuit Court.
- mpg
Cleaning
Up After Bush
Special Note - A
quote...."Throw your mind back to September 10, 2001. The price of gas:
$1.40 per gallon. The national debt: $5 trillion dollars, sizeable but
only about half of what it is today. America had over 3 million more
manufacturing jobs. The trade deficit too was around half today's. A
budget surplus. The US population: 282 million, about 20 million less
than now. And the unkindest cut of all: you were seven years younger.
-- Good and serene as that time looks in retrospect, things were even
better than mere numbers may indicate. Consider this...."
Bush Missing Iraq
WMD has Been Found in Iraq and One Million U.S. Soldiers are its Victims
A quote...."No Weapons of Mass Destruction (WMD) that Bush told us were
in Iraq were found. Today, to the tragedy of over one million U.S.
soldiers and countless innocent Iraqi civilians, there is a Weapon of
Mass Destruction in Iraq. That weapon is the deadly radioactive
Depleted Uranium (DU) that is used by the U.S. military."
Northcom,
Africom and Other Threats
Special Note - A
quote...."The U.S. military constantly expands in size, budget and
mission. Two new U.S. military "commands" have recently been activated
or augmented, with ominous implications for global peace and domestic
civil liberties. Africom now casts a shadow over the last continent for
which the U.S. had no designated "command" structure, and Northcom,
with responsibilities over the domestic U.S., is a nightmare for those
who fear repressive "martial law" in America." -- Also posted at CommonDreams
Guantanamo
court judge: Threatening family was torture
A quote...."GUANTANAMO BAY NAVY BASE, Cuba -- In a first, a military
judge ruled on Tuesday that a Guantanamo detainee's confession was
extracted through torture, and excluded it from the trial of a young
Afghan detainee at the war court. -- Afghan police threatened the
family of teenager Mohammed Jawad while he was undergoing interrogation
at a Kabul police station, said Army Col. Stephen Henley, the judge, in
a three-page ruling." -- Also posted
at CommonDreams
US
Cutoff Threat Unlikely to Save Iraq Troop Pact
A quote...."The threat by the George W. Bush administration last week
to withdraw all economic and military support from the Iraqi government
if it does not accept the US-Iraq status of forces agreement has raised
the stakes in the political-diplomatic struggle over the issue. --
However, most Iraqi politicians are now so averse to any formal
legitimization of the US military presence – and particularly of
extraterritorial legal rights over US troops in the country – that even
that threat is unlikely to save the pact."
U.S.
unlikely to accept revised Iraq security pact
A quote...."BAGHDAD — The Iraqi cabinet agreed Tuesday to amend a draft
agreement governing the status of U.S. forces in Iraq, but introducing
new provisions that the U.S. military is unlikely to accept."
Millions of Iraqis at
Risk From Contaminated Water, Says Red Cross
A quote...."Country continues to face one of the world's worst
humanitarian disasters. - Improved security has failed to prevent Iraq
becoming the scene of one of the world's most critical humanitarian
disasters with water supplies and sewage systems putting millions at
risk of disease, the Red Cross said today." -- For more on this issue see....Child
Abuse
Fury sweeps
Syria after US raid
Must Read - A
quote...."Souad Khousaim lay very still on her hospital bed and in a
quiet voice wracked with pain told me she was one of the innocent
victims of Sunday's raid by US special forces. -- "I went outside to
get my son and the Americans shot me," she says. "They were very close,
five metres away. I was screaming, terrified." -- Her husband was among
the seven Syrian men who died, but hospital officials have not told her
this yet."
Syrian
Demands Apology, Compensation for US Attack
A quote...."Tensions continue to rise in the wake of Sunday’s US strike
inside Syria, who today demanded a formal apology from the US and
compensation. Syria’s Deputy Foreign Minister Fayssal Mekdad also
called for a “pledge not to repeat” the attack, which he described as
“cowardly.” They have also warned that they may stop cooperating with
the US and Iraqi governments on border security if there are any future
attacks."
Europe
criticizes U.S. air raid in Syria
A quote...."PARIS, Oct. 29 (UPI) -- The European Union has criticized
the U.S. military raid targeting suspected terrorists in Syria. --
France, the current holder of the rotating EU presidency, criticized
the U.S. helicopter attack on a Syrian village near the border with
Iraq, which, according to Damascus, left at least eight people dead."
US
displays disdain with attack in Syria
A quote...."The United States has a perverse way of winning friends and
influencing people in the Middle East as the weekend raid into Syria
from Iraq that killed eight civilians demonstrated. - There is no doubt
that the border between the two countries is porous but even if the US
did receive intelligence reports that a leading Al Qaeda agent was
operating in a village 10 miles inside Syrian territory a unilateral
attack was not a justifiable response. - The incident occurred while
Syria’s foreign minister Walid al-Muallem was holding talks with
British counterpart David Miliband in London and to the UK government’s
embarrassment a joint press conference to herald the improving ties
between the two countries was cancelled."
'We're
not going to win this war' [occupation]
A quote...."The most recent United Nation situation map for Afghanistan
issued September 3 paints a grim picture: there are large swaths of the
country where things are getting worse. This includes the entire area
surrounding Kandahar on the Pakistan border in the south, as well as
areas on the Pakistan-Tajikistan border in the northeast and other
areas on the Turkmenistan border to the northwest."
Did
the Secretary of Defense Threaten Russia and China? - It's only going to get worse. - mpg
Related Article - A quote...."Washington - Defense Secretary Robert M.
Gates said Tuesday that the United States would hold "fully
accountable" any country or group that helped terrorists to acquire or
use nuclear, chemical or biological weapons." - bold by website editor.
-- For more on this issue see....US
- Nukes for Everyone -- Oh how
quickly they forget, here's a message to Gates....what
are you going to do, arrest Dick Cheney and Donald Rumsfeld? -- For
more on this issue see....US
Support of Terror
US defense
secretary expands pre-emptive war doctrine to include nuclear strikes
Related Article - A quote...."In a remarkable speech on nuclear policy
delivered October 28 at the Carnegie Endowment for International Peace
(CEIP), US Defense Secretary Robert Gates painted a dire portrait of
international affairs and argued that Washington should expand the
doctrine of pre-emptive war formulated by the Bush administration to include possible nuclear strikes.
-- bold by website editor -- For
more on this issue see....The
Nuclear Rights Association
- (N.R.A.) - Every Little Country Should Have One (Or How I Learned to
Love the Bomb and Kiss the N.P.T. Goodbye) - 08-17-08 - mpg
Just
The Tip Won't Do: Expose The Whole Iceberg
Special False Flag Note -
A quote...."No longer can the Sangh Parivar and BJP ever disown its
role in terrorism. A former firebrand ABVP leader and so-called
'sadhvi', Pragya Singh Thakur, has been arrested for her role in the
Malegaon blasts of September 2006 as well as in the more recent Modasa
blasts. Even more ominously, two ex-Army officers are implicated in the
blasts, and it has come to light that an institution called the
'Bhonsala Military Academy' in Nagpur has been imparting arms training
to the Bajrang Dal."
Israel
Bars Visit to Father's Grave
A quote...."Salwa Salam Qupty clutches a fading sepia photograph of a
young Palestinian man wearing a traditional white headscarf. It is the
sole memento that survives of her father, killed by a Jewish militia
during the 1948 war that established Israel. - "He was killed 60 years
ago as he was traveling to work," she said, struggling to hold back the
tears. "My mother was four months pregnant with me at the time. This
photograph is the closest I've ever got to him."
Venezuelan
satellite launched from China
A quote...."EL SOMBRERO, Venezuela (AP) — Chinese and Venezuelan
scientists hovered over radar screens, a Russian combat jet flew
overhead and satellite dishes tilted toward the skies as Venezuela
tracked the launch of its first satellite on Wednesday."
Massive
UN vote in support of lifting US embargo on Cuba
A quote...."UNITED NATIONS (AFP) — The UN General Assembly on Wednesday
voted overwhelmingly for the 17th year in a row in favor of lifting the
46-year-old US trade embargo on communist-ruled Cuba, as Havana hoped
for better ties with a new US administration."
War
photos show horror of Ossetian conflict
A quote...."A photo exhibition of the five-day war between Georgia and
South Ossetia is opening in Moscow. The images were shot by the Ria
Novosti news agency, whose correspondents and photographers were at
work within hours of the conflict breaking out."
Australia
To Enforce Mandatory Chinese-Style Internet Censorship
A quote...."The Australian government is set to impose Chinese-style
Internet censorship by enforcing a universal national filter that will
block websites deemed “controversial,” as part of a wider agenda to
regulate the Internet according to free speech advocates."
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The City by the Bay - Sophistry and "Liberal" Hot Air or Principals -
It's Time to Choose
10-29-08
mpg
Peace
Activist Cindy Sheehan Seeks to Unseat Nancy Pelosi for Betraying the
Constitution
Special Note - Action Alert
- A quote....
Imagine
what would happen if the nations of the world spent as much on
development as on building machines of war. Imagine
a world where every
human being would live in freedom and dignity. Imagine
a world in which we would shed the same tears when a child dies in
Darfur or Vancouver. Imagine a world where we would settle our
differences through diplomacy and dialogue and not through bombs or
bullets. Imagine
if the only nuclear weapons remaining were the relics in our museums. Imagine
the legacy we could leave to our children. Imagine
that such a world is within our grasp. -- *Mohamed ElBaradei* (2005), Director
General of the International Atomic Energy Agency
"Garnering national attention, peace activist Cindy Sheehan is now
running for office against incumbent Democrat Nancy Pelosi in
California's 8th Congressional district. Cindy promised
the House Speaker that if impeachment proceedings against George W.
Bush did not start when Pelosi took control of the House last year, she
would run against her in the next election. " -- Also posted at CommonDreams
Now Imagine if you would,
casting your vote to place a person into political office who actually kept her promise, a person who actually stood by her word?
And instead of imagining it
you'll actually, really, finally get the chance to do it in a voting
booth. A chance to show your righteous anger at the current incumbent
who's betrayed every promise she ever made, who's betrayed her sworn
duty to uphold and defend the constitution of the United States of
America. Who cravenly stood by doing nothing for the last two horrible
years while tens of thousands of people were killed all over the world,
a person who passively acquiesced while this nation’s laws and
institutions were
trampled into the gutter.
To take part in a public
repudiation of a woman who has done so much harm to this country.
To be allowed to show your disgust and disdain for a woman who actually
supported many of these heinous and treasonous acts against this nation.
Imagine that? -- Finally a chance has been given
to
the
people of San Francisco to finally vote their conscience and
demonstrate to the entire world their true intentions. To show
that all their speechifying and publicly demonstrated sympathies are
not just so much sophistry and "liberal" hot air.
It's time for the people who
live in the "City by the Bay" to
choose. - mpg
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Have
American Elections Really Been Stolen? Part 1 in the "Democracy" in
America Series – The Proof
A quote...."Well, let’s see. With trillions of dollars up for grabs,
someone might want to seize power, but they’d get caught, right? With
the "news" media and the Dept. of "Justice" concentrating on voter
fraud, there’s really just no way that anyone could get away with
stealing an election, is there? -- Well, you would think so, wouldn’t
you? Unfortunately, you’d be wrong."
Stopping
GOP Voter Suppression and Election Theft
A quote...."The threat of GOP voter suppression is as great as ever
this election year, and perhaps even greater as Republicans grow
desperate to head off what appears likely to be a crushing defeat on
Nov. 4. While Republicans hurl baseless accusations of voter fraud at
Democrats and progressives who seek to build turnout, the fact remains
that it is the GOP which has repeatedly sought to suppress voting in
order to win elections."
Report:
DOJ Lawyer Meets With ACLU On NM Voter Intimidation
A quote...."Earlier this evening, a Justice Department spokesman told
TPMmuckraker that the department was looking into claims of voter
intimidation in New Mexico, stemming from reports last week by us and
other outlets that a lawyer tied to the state GOP had hired a private
investigator to question Hispanics about their right to vote."
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Credit-Default
Swaps on US Treasuries Have Risen Nearly 40 Percent Since Bailout Law
Signed; Now About the Same as on Mexican and Thai Government Debt
Special Note - A quote...."Bloomberg writes
the following bombshell:"
"Credit-default
swaps on [U.S.] Treasuries have risen nearly 40 percent since TARP was
signed into law Oct. 3, and are now about the same as Mexican and Thai
government debt before the credit markets began to seize up in June
2007."
The
“dirty little secret” of the US bank bailout
A quote...."In an unusually frank article published in
Saturday's New York Times, the newspaper's economic columnist, Joe
Nocera, reveals what he calls "the dirty little secret of the banking
industry"--namely, that "it has no intention of using the [government
bailout] money to make new loans." -- As Nocera explains, the plan
announced October 13 by Treasury Secretary Henry Paulson to hand over
$250 billion in taxpayer money to the biggest banks, in exchange for
non-voting stock, was never really intended to get them to resume
lending to businesses and consumers--the ostensible purpose of the
bailout. Its essential aim was to engineer a rapid consolidation of the
American banking system by subsidizing a wave of takeovers of smaller
financial firms by the most powerful banks." -- Also posted at ICH
Uses for $700 Billion
Bailout Money Ever Shifting
A quote...."Washington - First, the $700 billion rescue for the economy
was about buying devalued mortgage-backed securities from tottering
banks to unclog frozen credit markets."
A
Question for A.I.G.: Where Did the Cash Go?
A quote...."The American International Group is rapidly running through
$123 billion in emergency lending provided by the Federal Reserve,
raising questions about how a company claiming to be solvent in
September could have developed such a big hole by October. Some
analysts say at least part of the shortfall must have been there all
along, hidden by irregular accounting." -- For more on this issue see also....AIG,
Goldman Sachs, Paulson And Buffet
The
World Tires of Dollar Hegemony
Special Note - A
quote...."What explains the paradox of the dollar's sharp rise in value
against other currencies (except the Japanese yen) despite
disproportionate US exposure to the worst financial crisis since the
Great Depression? The answer does not lie in improved fundamentals for
the US economy or better prospects for the dollar to retain its reserve
currency role. The rise in the dollar's exchange value is due to two
factors. One factor is the traditional flight to the reserve currency
that results from panic. People are simply doing what they have
always done. Pam Martens predicted correctly that panic demand
for US Treasury bills would boost the US dollar. The other factor is
the unwinding of the carry trade." -- "The dollar's rise is temporary,
and its prospects are bleak. The US trade deficit will lessen due
to less consumer spending during recession, but it will remain the
largest in the world and one that the US cannot close by exporting
more. The way the US trade deficit is financed is by foreigners
acquiring more dollar assets, with which their portfolios are already
heavily weighted."
Fed
cuts key interest rate half-point to 1 percent
A quote...."WASHINGTON (AP) - The Federal Reserve has slashed a key
interest rate by half a percentage point as it seeks to revive an
economy hit by a long list of maladies stemming from the most severe
financial crisis in decades. -- The central bank on Wednesday reduced
its target for the federal funds rate, the interest banks charge on
overnight loans, to 1 percent, a low last seen in 2003-2004. The funds
rate has not been lower since 1958, when Dwight Eisenhower was
president."
Fed
swap lines with Brazil, Mexico, South Korea and Singapore
Special Note - A
quote...."The US Federal Reserve
agreed on Wednesday to provide 30 billion US dollars each
to the central banks of Brazil, Mexico, South Korea and Singapore,
expanding its effort to unfreeze money markets to emerging nations for
the first time." - bold/underline by website editor
GM
sales down 11.4 percent globally, lags Toyota
A quote...."General Motors said Wednesday its worldwide sales fell 11.4
percent in the third quarter from a year ago to 2.115 million vehicles,
leaving the US automaker behind Toyota as the industry leader."
Durable
goods orders unexpectedly rise on aircraft demand
A quote...."Excluding transportation, durable good orders declined 1.1%
in September. Further, durable goods have now declined 1.8% on a
year-over-year basis. However, durable goods orders have increased in
four the past five months. - Economist David H. Wang told
BloggingStocks Wednesday the durable goods report offered additional
evidence of slowing economic activity, but it could have been worse. -
"I expected to see an even bigger drop in manufactured goods demand,
but do not misunderstand, outside of airplane demand, this is a weak
report," Wang said. "With tighter credit for businesses and for
consumers with auto purchases and other goods, we're going to continue
to see further deterioration in durable good orders in the fall, before
a recovery starts early next year." -- No, not really. Maybe a year and a
half from now. - mpg
Will IMF
money save Ukraine - No. Their
economic "shock therapy" will only make everything worse. - mpg
A quote...."In recent weeks the International Monetary Fund has
provided financial assistance to Iceland, Hungary and others, including
a $US 16.5 billion loan to Ukraine on condition it undertakes economic
reform. Now that the country’s parliament voted for the needed
legislation the question is how the aid will be spent."
China
may save the world from crisis and minimize USA’s financial supremacy
A quote...."The Chinese economy is doing very well against the
background of the global financial crisis, the chairman of the Chinese
Central Bank, Zhou Xiaochuan said during a press conference yesterday.
The financial system of the nation is stable, whereas the economy of
the country continues to cope with the financial crisis well. The
absence of the liquidity crisis in the country is a peculiar feature of
the situation in the banking sphere of China, which differs the
nation’s economy from those of the USA, the EU and the majority of
other countries." -- Also posted at
BLN
Average
[British] house price has fallen £30,000 in a year
A quote...."Houses have lost 14.6 per
cent of their value during the year to the end of October
following 12 months in a row of plunging prices, the Nationwide
Building Society said today. " - bold by website editor
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102908-110408
- links page
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