Tuesday February 24th 2009 -
links page
The
Case That Wars Fuel U.S. Economic Booms ---
http://www.alternet.org/audits/128720/the_case_that_wars_fuel_u.s._economic_booms/
Must Read - A
quote...."In the great debate about the stimulus package -- which,
underneath all the cant is really nothing more than a debate about how
America's scarce wealth should be divided -- one of the right
wing's favorite mantras was their claim that the New Deal did nothing
to end the Depression. Instead, they argue, it was World War Two that
ended the Depression." --
For more
on this issue see....Effective
Fed Funds Rate 03-24-07 - mpg
---
http://www.reficultnias.org/mikesfiles/cachedfiles/fedfundschart-photopg-cached-032407
========== ========== ========== ========== ========== ==========
========== ====
Obama's War
--- http://www.commondreams.org/view/2009/02/24-6
Must Read -
Obama™ Update -- A quote...."Vietnam
was, of course, a disaster. The proposals that constituted LBJ's Great
Society agenda arguably amounted to the broadest social program put
forward by any president since FDR's New Deal. And yet, by the end of
his term, LBJ couldn't appear in many major American cities without
fear of setting off massive protests. This was LBJ's fate because he
inherited the war from JFK and embraced it. And given that JFK had also
embarked upon escalating it when Dwight Eisenhower bequeathed it to
him, this might well have been his fate as well, had he not been
assassinated. -- This is still a pretty uncomfortable topic with a lot
of Obama's supporters. They voted for Hope and all of this talk
questioning his foreign policy is so negative. Certainly it's not their
fault if they voted for decency at home and peace abroad and don't seem
to be getting both, but it is their responsibility to recognize that
fact. And unfortunately it may soon be the case that there are more
Americans fighting Bush's wars than there were when Bush left the White
House."
========== ========== ========== ========== ========== ==========
========== ====
Drum
Machine: Spinning for War with Iran
http://www.chris-floyd.com/component/content/article/3/1708-drum-machine-spinning-for-war-with-iran.html
Must Read -
Obama™ Update -- A quote...."The
drumbeat for an attack on Iran -- pounded by American and Israeli
militarists, and their multitude of sycophants -- never ceases. At
times it blends into the background noise of other events that surface
to dominate the howling cacaphony of the corporate media bubble, but it
never goes away. Very weighty factions in the American power structure,
and their Israeli allies, are strongly committed to making such an
attack happen, and they continue to press their agenda -- patiently,
relentlessly -- no matter who is temporarily managing the empire."
========== ========== ========== ========== ========== ==========
========== ====
The
State Department Ushers in Dennis Ross in the Dark of the Night
---
http://www.opednews.com/articles/The-State-Department-Usher-by-Cheryl-Biren-Wrigh-090224-654.html
Must Read -
War Warning - Related Article - A
quote...."For months many concerns have been raised over the prospect
of a Ross appointment as a special envoy to or an adviser on Iran. To
assign an advisery role to the former diplomat who actively supports
not only coercive actions against Iran, but the policy option of a
preventive military attack seems counterintuitive to the need for trust
in this highly sensitive relationship. --
Editor's note: this is the first "war warning" in a very
long time.
========== ========== ========== ========== ========== ==========
========== ====
Why we went to
war in Iraq remains a secret as Straw blocks the release of cabinet
minutes --- http://www.uruknet.de/?p=m52123&s1=h1
A quote...."The government took the unprecedented decision yesterday to
block the release of cabinet minutes about the invasion of Iraq on the
grounds that it would undermine democratic decision-making, the very
argument used by freedom of information bodies which had ordered their
disclosure." --
Sort'a exactly like
when you level a country to "save it". - mpg
========== ========== ========== ========== ========== ==========
========== ====
The
Muqtada factor re-emerges in Iraq ---
http://www.atimes.com/atimes/Middle_East/KB25Ak02.html
A quote...."At one point, Maliki teamed up with both Kurdish parties,
and the Supreme Iraqi Islamic Council (SIIC) of Abdul Aziz al-Hakim.
The aim was to keep a cabinet coalition floating, deprived of seculars,
Sadrists, and Sunnis. -- Now that Hakim's team lost most of its
provinces and the Kurds are divided like never before since 2003,
Maliki is re-tapping his former friendship with Shi'ite cleric Muqtada
al-Sadr. The two sides, which emerged victorious in last month's
elections, are currently negotiating a coalition, as announced by the
Sadrist bloc in Baghdad at the weekend, which would give them both firm
control over Basra, Baghdad, Maysan, al-Wasit and Dhi Qar."
========== ========== ========== ========== ========== ==========
========== ====
Museum
reopening tells story of a hijacked country ---
http://www.azzaman.com/english/index.asp?fname=news%5C2009-02-24%5Ckurd.htm
A quote...."Even the reopening of the Iraq Museum was a shock that
reminded many in Iraq of a country that has been hijacked. --
Thousands of works were on show but Iraqis were nowhere to be seen
enjoying the occasion. Prime Minister Nouri al-Maliki might have
reveled as well as the few dignitaries he had invited for the highly
restricted opening festivities. -- But ordinary Iraqis, who own
the museum and the country, were kept several kilometers away by armed
guards. Even the skies were cordoned off by helicopter gunships." --
Something all US-NRE citizens will be able
to look forward too very soon. - mpg
========== ========== ========== ========== ========== ==========
========== ====
Anti-NATO protest
in Crimea --- http://www.kyivpost.com/nation/36072
A quote...."Participants in a protest held in front of the Crimean
parliament have said that they are going to fight the policy "of
involving Ukraine in NATO activities."
========== ========== ========== ========== ========== ==========
========== ====
‘Either
you hold a referendum, or we’ll hold one for you’ – Georgian opposition
---
http://www.russiatoday.com/Politics/2009-02-24/_Either_you_hold_a_referendum__or_we_ll_hold_one_for_you____Georgian_opposition.html
A quote...."The Georgian opposition has presented President Saakashvili
with an ultimatum: either he declares a referendum on a snap
presidential election within ten days – or they will hold one
themselves."
========== ========== ========== ========== ========== ==========
========== ====
Beijing's
diplomatic blitz gathers pace ---
http://www.atimes.com/atimes/China/KB25Ad02.html
A quote...."One is dazzled and probably puzzled by this intensive and
extensive high-level Chinese diplomacy. What are the purposes of these
visits? What messages does China want to convey to the international
community? " --
Perhaps they're
saying their currency is better than that "other one"? - mpg
========== ========== ========== ========== ========== ==========
========== ====
China
breaks its silence on Afghanistan ---
http://www.atimes.com/atimes/China/KB25Ad03.html
A quote...."In the violent, lethal environment in which he lived and
survived to eventually lead Beijing's march towards socialism with
Chinese characteristics, Deng Xiaoping had great reasons to be
cautious. In regards to China's international approach, Deng had this
to say: "Observe calmly; secure our position; cope with affairs calmly;
hide our capacities and bide our time; be good at maintaining a low
profile; and never claim leadership."
========== ========== ========== ========== ========== ==========
========== ====
French
President Congratulates Chavez, Praises Venezuelan Democracy
--- http://www.venezuelanalysis.com/news/4245
A quote...."February 23, 2009 (venezuelanalysis.com)-- The president of
France, Nicolas Sarkozy, sent a letter to his Venezuelan counterpart
Hugo Chavez last week, congratulating him on the victory of a
constitutional referendum allowing him to run for re-election in 2012."
========== ========== ========== ========== ========== ==========
========== ====
U.S.
Army To Buy $6 Million Of Riot Equipment ---
http://infowars.net/articles/february2009/240209Riot.htm
Military State Update - A
quote...."The U.S. Army is to invest $6 million in riot equipment, a
fact that has furthered fears that troops will be used inside the U.S.
in order to quell any civil unrest resulting from the ongoing economic
crisis."
========== ========== ========== ========== ========== ==========
========== ====
The Gaza Attack - 9 Articles - Tuesday
- [ Day 60 ] ==========
==========
========== ====
Focus on Gaza: A
Crime of War? - 20 Feb 09 ---
http://www.youtube.com/watch?v=IKzIxXkFvVE --- (YouTube -
23 min 23 sec -
Feb. 20, 2009)
Must View Video -- A
quote...."Human rights investigators continue to look into allegations
that Israeli soldiers may have committed crimes of war during their
Gaza military campaign. -- As the first Focus on Gaza A Crime of War?
looks at the story of an alleged war crime that occurred during the war
in the small village of Khuzaa, half a kilometre from the Israeli
border."
========== ========== ========== ========== ========== ==========
========== ====
Can Gaza Be
Rebuilt Through Tunnels? -- The Blockade Continues—No Supplies, No
Rebuilding ---
http://www.commondreams.org/view/2009/02/24
Special Note - A
quote...."Tuesday, February 24, 2009 -- The Israelis who bombed Gaza
will be the primary financial beneficiaries of the rebuilding of
Gaza. They bombed it and now will sell construction materials to
rebuild what they have bombed, exactly like the United States has done
in Iraq. Egyptians too will benefit financially from the
reconstruction-high priced small construction materials that will fit
into the tunnels are no doubt have been transiting through the tunnels
for the past 6 weeks. Israeli women had created a website
detailing who profits from occupation (
http://www.whoprofits.org/) --
No doubt a second website is under construction that will track which
Israeli, Egyptian and American companies will benefit from the bombing
of Gaza." --
There they go, making
money from all
those dead children, no one ever said the Israelis weren't a smart
people. - mpg
========== ========== ========== ========== ========== ==========
========== ====
Holland: Shoes
thrown at IDF officer during speech ---
http://www.iraq-war.ru/article/190814
A quote...."25.02.2009 [01:45 ] -- Pro-Palestinian demonstrators threw
shoes at an Israeli reserves officer while giving a speech on the
Israel Defense Forces' operation in the Gaza Strip in an Amsterdam
hotel Sunday. -- "
This was an actual
physical assault – past the limits of good taste," the officer,
Captain (Res.) Ron Edelheit told Ynet on Monday. - bold by website
editor --
Well wadda'ya know, the
Israelis even
have a sense of humor too. - mpg
========== ========== ========== ========== ========== ==========
========== ====
Amnesty’s
scandalous obliquity [*] ---
http://www.thepeoplesvoice.org/TPV3/Voices.php/2009/02/24/amnestya-8217-s-scandalous-obliquity
A quote...."02/24/09 -- To be sure, no one claims that Hamas is
completely blameless. Targeting innocent civilians is unacceptable.
However, equating the resistance of a long-persecuted people
languishing under an evil military occupation, even if wrongs are done,
with an immensely superior state terror unjustifiably perpetrated by an
occupying power is morally unconscionable, to say the very least."
========== ========== ========== ========== ========== ==========
========== ====
EVIL
are these means and avowed ends ---
http://www.thepeoplesvoice.org/TPV3/Voices.php/2009/02/25/evil-are-these-means-and-avowed-ends
A quote...."The world watches Israel as it enters another corrupt phase
in a sixty-year era of corruption—means upon means. Thomas Paine said
“A bad cause will ever be supported by bad means and bad men” (and
women). In its fraudulent cause Israel has caused deaths and
displacements of hundreds of thousands of people who never harmed or
threatened Jews. -- In its 23-day reign of rabid violence (on top of
continuous aggression and occupation) that left 1,330 people (among
them 400 children) massacred and 5,450 wounded, Israel has left two
thirds of Gaza’s 1.5 million people homeless".
========== ========== ========== ========== ========== ==========
========== ====
Hamas:
Fatah Spied for Israel ---
http://informationclearinghouse.info/article22083.htm
A quote...."February 24, 2009 ISMAILIA, Egypt (Reuters) - Leading Hamas
member Mahmoud Zahar said on Tuesday some Palestinian officials, backed
by the United States, were obstructing the dialogue due to open between
Palestinian groups in Cairo on Wednesday.
========== ========== ========== ========== ========== ==========
========== ====
Israeli military
attacks school and a local TV station in Nablus and kidnapps two
civilians --- http://www.imemc.org/article/58990
A quote...."Tuesday February 24, 2009 16:24 -- Two civilians were
kidnapped from a local Television station and school, as the Israeli
military invaded the northern West Bank city of Nablus on Tuesday."
========== ========== ========== ========== ========== ==========
========== ====
Erdogan
urges Israel to recognize Hamas ---
http://www.presstv.ir/detail.aspx?id=86637§ionid=351020202
A quote...."Tue, 24 Feb 2009 13:38:27 GMT -- The Turkish Prime
Minister says if Israel is looking for a lasting peace in the Middle
East it should recognize Palestine and Hamas."
========== ========== ========== ========== ========== ==========
========== ====
2
Palestinian women break glass ceiling by becoming judges
---
http://www.presstv.ir/detail.aspx?id=86687§ionid=351020202
A quote...."Wed, 25 Feb 2009 03:32:34 GMT -- Two women have made
history by smashing the last male-only bastions in the Palestinian
territory to become its first female judges."
See also the Gaza
Invasion of 12/27/08 - database
---
http://www.reficultnias.org/mikesfiles/weblists/thegazainvasion-mpg-weblist-122708
---
under
construction. - mpg
Editorial Note
-- This will be the last separate section devoted to the Israel's
invasion of Gaza and its horrendous aftermath. It ends on day
sixty. Articles will
still be posted of course. – mpg
========== ========== ========== ========== ==========
==========
========== ====
End - The Gaza Attack - 9
Articles
- Tuesday - [ Day 60 ] ==========
==========
========== ====
A
Planet at the Brink - Will Economic Brushfires Prove Too Virulent to
Contain?
---
http://www.tomdispatch.com/post/175038/michael_klare_a_pandemic_of_economic_violence
Must Read - A
quote...."The global economic meltdown has already caused bank
failures, bankruptcies, plant closings, and foreclosures and will, in
the coming year, leave many tens of millions unemployed across the
planet. But another perilous consequence of the crash of 2008 has only
recently made its appearance: increased civil unrest and ethnic strife.
Someday, perhaps, war may follow."
also posted at ICH
--- http://informationclearinghouse.info/article22091.htm
Oh,
war will certainly follow....it's called the ten year economic/war
cycle. - mpg
========== ========== ========== ========== ========== ==========
========== ====
How the
US Economy Was Lost ---
http://informationclearinghouse.info/article22087.htm
Must Read - A
quote...."February 24, 2009 "Information Clearing House" -- The
American economy has gone away. It is not coming back until free trade
myths are buried six feet under. -- America’s 20th century economic
success was based on two things. Free trade was not one of them.
America’s economic success was based on protectionism, which was
ensured by the union victory in the Civil War, and on British
indebtedness, which destroyed the British pound as world reserve
currency."
========== ========== ========== ========== ========== ==========
========== ====
Schemes
to rescue Wall Street gamblers are prolonging this recession
--- http://onlinejournal.com/artman/publish/article_4403.shtml
Must Read - A
quote...."Using the “too big to fail” scare tactic, the U.S. government
has kept a number of terminally ill Wall Street gamblers on an
expensive life-support system that is estimated to cost taxpayers $8.5
trillion [1]. In light of the fact that (according to IRS Data Book)
there were 138 million taxpayers in 2007, this figure represents a
burden of $61,594.20 per taxpayer. Or, to put it differently, it
represents a burden of $28,333.33 per man, woman and child for the
entire U.S. population."
========== ========== ========== ========== ========== ==========
========== ====
Cramer:
Nationalization Would Crush America ---
http://www.blacklistednews.com/news-3434-0-13-13--.html
Must View Video - A
quote...."Cramer points out that if it isn't nationalization of certain
big banks, then it's chaos for the financial systems and puts this into
a historical perspective."
========== ========== ========== ========== ========== ==========
========== ====
Still
waiting for Helicopter Ben ---
http://www.guardian.co.uk/commentisfree/cifamerica/2009/feb/24/useconomy-credit-crunch
Must Read - A
quote...."The government's percentage ownership of a bank is a red
herring. The key economic realities are: the government is already
responsible for a large portion of bank liabilities, through insurance
on deposits and new bank debt; the government is the only source of new
capital for banks; and the government stress tests will determine
whether banks are allowed to continue in operation and under what
terms.
The only purpose served by
artificially minimising government "ownership" is to limit the
potential upside available to taxpayers." - bold by website
editor
========== ========== ========== ========== ========== ==========
========== ====
Hillary
Clinton presses China to keep buying US debt ---
http://wsws.org/articles/2009/feb2009/clin-f24.shtml
Hillary is wrong in so many
ways with this concept that you lose count of them. - mpg -- A
quote...."US Secretary of State Hillary Clinton concluded her weeklong
Asian tour Sunday with an explicit appeal to the Beijing government to
keep up its purchases of US treasury notes or risk the onset of an even
deeper economic crisis engulfing China and the US itself."
========== ========== ========== ========== ========== ==========
========== ====
Did
Vladimir Lenin Predict The Banking Disaster Of 2008?
--- http://www.informationclearinghouse.info/article20946.htm
A quote...."Lenin enumerated the following five features characteristic
of the epoch of imperialism: The epoch of imperialism opens when the
expansion of colonialism has covered the globe and no new colonies can
be acquired by the great powers except by taking them from each other,
and the concentration of capital has grown to a point where finance
capital becomes dominant over industrial capital. Lenin enumerated the
following five features characteristic of the epoch of
imperialism....." --
Well heck, Marx
got there first.....
"[To the possessor of money
capital] “the process of production appears merely as an unavoidable
intermediate link, as a necessary evil for the sake of money-making.
All nations with a capitalist mode of production are therefore seized
periodically by a feverish attempt to make money without the
intervention of the process of production.”— *Karl Marx*, Capital, Volume II,
“The Circuit of Money Capital”
========== ========== ========== ========== ========== ==========
========== ====
Signs
of life ---
http://www.marketwatch.com/news/story/evidence-mounts-recessions-worst-past/story.aspx?
---
guid=%7B71467556-3683-4018-906C-7FFC8A3F9E8C%7D&dist=TNMostRead
--
Only for the last two
months. - mpg
A quote...."PORT WASHINGTON, N.Y. (MarketWatch) -- Commentary: The
economy's worst may be past -- Although you wouldn't know it from
the behavior of the stock market, the economic outlook is turning just
a bit less gloomy." --
Extreme caution
should be exercised when viewing these stats, several of them have lead
linings to them. For example....
Consumer prices rose in January -- the first monthly gain in six
months.
A lot of the increase was due
to a steep rise in energy prices.
The Conference Board's index of leading economic indicators has risen
for two months in a row.
Primarily because of an
increase in the money supply.
Existing-home sales rose in Dec, and participants in our weekly survey
think that another rise took place in Jan.
Much of it due to the sale of
foreclosed homes.
Retail sales shot up by 1% in January -- the first monthly rise since
June.
Most of the increase was caused
by retailers slashing prices in an attempt to get rid of their holiday
inventory.
Some securities on banks' books are starting to recover in value.
What "securities" would those
be? And just what is meant by "value"? How the heck could anyone
calculate it? - mpg
========== ========== ========== ========== ========== ==========
========== ====
Home
prices in record drop ---
http://money.cnn.com/2009/02/24/real_estate/Case_Shiller_December/?postversion=2009022411
A quote...."The S&P Case-Shiller National Home Price Index reported
that prices sank a record 18.2% during the last three months of 2008,
compared with the same period in 2007."
========== ========== ========== ========== ========== ==========
========== ====
Consumer
Confidence Tanks In February ---
http://www.forbes.com/2009/02/24/consumer-home-prices-markets-economy_housing_12.html
A quote...."Consumer confidence and home prices continue their downward
spiral. The Conference Board's consumer confidence index for February
totaled 25.0, the lowest reading on record, and well below the 35.0
anticipated by Wall Street."
========== ========== ========== ========== ========== ==========
========== ====
Merril
Lynch losses trigger executive bonuses investigation
---
http://www4.mercopress.com/vernoticia.do?id=16213&formato=HTML
A quote...."Merrill Lynch & Co lost 15.84 billion US dollars in the
fourth quarter, a regulatory filing showed, more than 500 million
higher than the loss previously estimated by Bank of America Corp. " --
A half a billion here, a half a
billion there, what the heck, that ain't real money anymore.
What's the big fuss about? - mpg
========== ========== ========== ========== ========== ==========
========== ====
[British]
savers withdraw record amount as interest rates fall
---
http://www.telegraph.co.uk/finance/personalfinance/savings/4801389/Savers-withdraw-record-amount-as-interest-rates-fall.html
A quote...."Savers withdrew a record £2.3 billion from their
accounts last month as historically low interest rates forced millions
of investors to look elsewhere for better returns on their money,
official statistics showed."
========== ========== ========== ========== ========== ==========
========== ====
UK
car production in January plummets 58.7% over a year ago
---
http://www4.mercopress.com/vernoticia.do?id=16214&formato=HTML
A quote...."United Kingdom car production for January fell 58.7%
against the same month the previous year, latest figures show."
========== ========== ========== ========== ========== ==========
========== ====
Latvia's
CDS spreads soar to record - Ratings agency warns of 'major crisis'
brewing in Eastern Europe
---
http://www.marketwatch.com/news/story/Latvias-credit-rating-cut-junk/story.aspx?guid=%7B95AAB1C5-43BE-4261-98A7-954EC9E1B641%7D
A quote...."NEW YORK (MarketWatch) -- Eastern Europe's financial woes
once again took center stage Tuesday, as Latvia's credit default swap
spreads reached their widest levels on record after Standard &
Poor's Ratings Services cut that country's credit rating to "junk"
status and warned it could also downgrade the ratings of neighboring
Baltic states Lithuania and Estonia. "
========== ========== ========== ========== ========== ==========
========== ====
Monday February 23rd 2009 - links page
The Joan Walsh
Syndrome -- Liberals jump on Obama's war wagon -
posted at AntiWar ---
http://www.antiwar.com/
--- http://www.antiwar.com/justin/?articleid=14278
Must Read - A
quote...."Joan Walsh, the Salon.com political editor who appears
often on MSNBC with Chris Matthews, is emblematic, for me, of a type I
know all too well: the well-meaning Bay Area liberal. Her politics
exemplify the psychology of our opinion elites who got behind Barack
Obama in a big way. Exuding reasonableness from every pore, she
radiates a kind of diffuse benevolence modified only by a slight
wrinkling of the brow – a measure of her concern that someone,
somewhere, is suffering from an overlooked injustice. As President
Obama takes on the burden of office, and, in the process, sheds his
campaign promises like yesterday's fashions, it's fascinating to
observe the reaction of his most ardent supporters, of which it is fair
to say Ms. Walsh is one."
========== ========== ========== ========== ========== ==========
========== ====
The Long Retreat
-
posted at AntiWar ---
http://www.antiwar.com/
--- http://www.antiwar.com/pat/?articleid=14286
Must Read - A
quote...."The situation in Afghanistan is deteriorating," said
President Obama, as he announced deployment of 17,000 more U.S. troops.
-- "I'm absolutely convinced that you cannot solve the problem of
Afghanistan, the Taliban, the spread of extremism in that region,
solely through military means." --
also
posted at PJB
--- http://buchanan.org/blog/
========== ========== ========== ========== ========== ==========
========== ====
The
U.S. and Afghan Tragedy ---
http://www.fpif.org/fpiftxt/5878
Must Read - A
quote...."The United States sent more than $8 billion to Pakistani
military dictator Zia al-Huq, who dramatically increased the size of
the Inter-Service Intelligence (ISI) to help support Afghan mujahedeen
in their battle against the Soviets and their puppet government. Their
goal, according to the late Pakistani Prime Minister Benazir Bhutto,
was "to radicalize the influence of religious factions within
Afghanistan." The ISI helped channel this American money, and billions
more from oil-rich American allies, from the Gulf region to extremists
within the Afghan resistance movement. --- Extremist Education -
The Reagan administration sensed the most hard-line elements of the
resistance were less likely to reach negotiated settlements, but the
goal was to cripple the Soviet Union, not free the Afghan people.
Recognizing the historically strong role of Islam in Afghan society,
they tried to exploit it to advance U.S. policy goals. Religious
studies along militaristic lines were given more importance than
conventional education in the school system for Afghan refugees in
Pakistan. The number of religious schools (madrassas) educating Afghans
rose from 2,500 in 1980 at the start of Afghan resistance to over
39,000. The United States encouraged the Saudis to recruit Wahhabist
ideologues to come join the resistance and teach in refugee
institutes."
also posted at CommonDreams
--- http://www.commondreams.org/view/2009/02/19-0
For more on this sort of issue
see....US
Support of Terror ---
http://www.reficultnias.org/mikesfiles/weblists/ussupportofterror-weblist-mpg-090306
========== ========== ========== ========== ========== ==========
========== ====
US
expands prison in Afghanistan -
Isn't
Obama such a nice guy, he's building homes for the Afghans. - mpg
---
http://english.aljazeera.net/news/asia/2009/02/200922041829271189.html
A quote...."The US military is about to complete a $60m expansion to
its prison at the Bagram air base in Afghanistan, where it holds more
than 600 so-called enemy combatants."
========== ========== ========== ========== ========== ==========
========== ====
Afghan
boy among a dozen killed by US strike ---
http://www.todayszaman.com/tz-web/detaylar.do?load=detay&link=167362&bolum=100
link posted at ICH
---
http://www.reficultnias.org/mikesfiles/cachedfiles/ichsfundingpage-cached-reficultnias-111908
A quote...."US forces killed at least one child, video footage obtained
by Reuters on Wednesday showed, in an air strike in western Afghanistan
that police say killed 12 civilians and US forces said killed 16
militants. "
========== ========== ========== ========== ========== ==========
========== ====
Nato
lukewarm on US troop call ---
http://english.aljazeera.net/news/americas/2009/02/2009219145057278830.html
posted
at ICH
---
http://www.reficultnias.org/mikesfiles/cachedfiles/ichsfundingpage-cached-reficultnias-111908
A quote...."US appeals for greater assistance in the war in Afghanistan
have failed to win much support from Nato allies."
========== ========== ========== ========== ========== ==========
========== ====
US
Defence Secretary 'disappointed' over Nato response to troop call -
link posted at AntiWar ---
http://www.antiwar.com/
---
http://www.timesonline.co.uk/tol/news/world/asia/article5767225.ece
A quote...."Robert Gates, the US Defence Secretary, pleaded with Nato
allies today to send more civilian personnel to Afghanistan after
expressing “disappointment” at their failure to meet his requests for
troops."
========== ========== ========== ========== ========== ==========
========== ====
I
shot blindfolded Iraqi prisoner at point-blank range, confesses U.S.
soldier
---
http://www.dailymail.co.uk/news/worldnews/article-1150362/I-shot-blindfolded-Iraqi-prisoner-point-blank-range-confesses-U-S-soldier.html?ITO=1490
-
link posted at ICH
---
http://www.reficultnias.org/mikesfiles/cachedfiles/ichsfundingpage-cached-reficultnias-111908
A quote...."A U.S. soldier confessed to military investigators that he
shot a bound and blindfolded Iraqi prisoner point-blank in the back of
the head, according to a video played at his murder trial today."
========== ========== ========== ========== ========== ==========
========== ====
IRAQ:
Still Homeless in Baghdad ---
http://www.ipsnews.net/news.asp?idnews=45812
A quote...."BAGHDAD, Feb 19 (IPS) - "We only want a normal life," says
Um Qasim, sitting in a bombed out building in Baghdad. She and others
around have been saying that for years. -- Um Qasim lives with 13
family members in a brick shanty on the edge of a former military
intelligence building in the Mansoor district of Baghdad. -- Five of
her children are girls. Homelessness is not easy for anyone, but it is
particularly challenging for women and girls."
also posted at AntiWar
--- http://www.antiwar.com/jamail/?articleid=14280
& CounterCurrents
---
http://www.countercurrents.org/jamail190209.htm
& TruthOut ---
http://www.truthout.org/021909WA
========== ========== ========== ========== ========== ==========
========== ====
Journalist
threw shoe at Bush for Iraqi pride ---
http://www.shanghaidaily.com/article/?id=391682&type=World
-
link posted at ICH
---
http://www.reficultnias.org/mikesfiles/cachedfiles/ichsfundingpage-cached-reficultnias-111908
A quote...."AN Iraqi journalist who gained cult status for throwing his
shoes at former United States President George W. Bush said at the
start of his trial yesterday that he was driven by a desire to restore
the pride of his devastated country."
========== ========== ========== ========== ========== ==========
========== ====
Iraqi
shoe-thrower trial adjourned ---
http://mwcnews.net/content/view/28667/0/
Related Article -- A quote...."Al-Zeidi was handcuffed and surrounded
by a pack of security guards as he was brought to Iraq's Central
Criminal Court in Baghdad's fortified Green Zone. Family members
waiting for him inside the courthouse ululated wildly as he was brought
in and draped an Iraqi flag across his shoulders. The chief judge
threatened to order everybody out of the room if they did not quieten.
He later adjourned the trial until March 12."
========== ========== ========== ========== ========== ==========
========== ====
Iran
develops spy drone capable of reaching Israel – official
--- http://www.thetruthseeker.co.uk/article.asp?ID=10216
A quote...."Iranian scientists have developed an unmanned aerial
vehicle capable (UAV) of reaching Israel, an Iranian news agency said
on Wednesday, citing a senior military official." --
also posted at Novosti
--- http://en.rian.ru/world/20090218/120204750.html
========== ========== ========== ========== ========== ==========
========== ====
Czech
president compares EU to [the old] Soviet Union -
link posted at AntiWar ---
http://www.antiwar.com/
---
http://wire.antiwar.com/2009/02/19/czech-president-compares-eu-to-soviet-union-3/
A quote...."Czech president compares European Union to [the old] Soviet
Union in scathing talk before EU parliament."
========== ========== ========== ========== ========== ==========
========== ====
60th NATO
Anniversary Celebrations in Europe to Draw Massive Protests
--- http://www.afterdowningstreet.org/node/39989
Action Alert -- A
quote...."2009 is the 60th anniversary of NATO and the US-led alliance
is planning big celebrations in Europe to promote their expanded global
role as an extension of US foreign and military policy. In 1999,
seeking to justify its existence after the collapse of the former
Soviet Union, NATO acknowledged that it was seeking to orient itself
according to a new fundamental strategic concept."
========== ========== ========== ========== ========== ==========
========== ====
Lebanese
in Shock Over Arrest of an Accused Spy - [Cousin Of Alleged 9/11
Hijacker Exposed As Israeli Spy]
---
http://www.nytimes.com/2009/02/19/world/middleeast/19lebanon.html?_r=3&hp
A quote...."MARAJ, Lebanon — For 25 years, Ali al-Jarrah managed to
live on both sides of the bitterest divide running through this region.
To friends and neighbors, he was an earnest supporter of the
Palestinian cause, an affable, white-haired family man who worked as an
administrator at a nearby school. -- To Israel, he appears to have been
a valued spy, sending reports and taking clandestine photographs of
Palestinian groups and Hezbollah since 1983." --
also posted at BLN
--- http://www.blacklistednews.com/news-3387-0-20-20--.html
========== ========== ========== ========== ========== ==========
========== ====
Google
Earth Shows U.S. Drones at Pakistani Base? ---
http://blog.wired.com/defense/2009/02/pak-press-shows.html
A quote...."Don't take a Senator's word for it. Old Google Earth
satellite photos, dug up by the News of Pakistan, show U.S. drones,
parked on a Pakistani runway, back in 2006. -- The paper ID's the
robotic planes as massive Global Hawk drones -- unlikely, the shape's
all wrong. More likely, the aircraft found at coordinates 27 degrees 51
minutes North, 65 degrees and 10 minutes East are Predator drones."
========== ========== ========== ========== ========== ==========
========== ====
Russia
says U.S. may go beyond European missile plans ---
http://en.rian.ru/russia/20090219/120227905.html
A quote...."MOSCOW, February 19 (RIA Novosti) - Moscow is not ruling
out that Washington may go further than its missile defense plans for
Central Europe, Russian Foreign Minister Sergei Lavrov said on
Thursday." --
also posted at WarInIraq
--- http://www.iraq-war.ru/article/190406
========== ========== ========== ========== ========== ==========
========== ====
Russia's
'virtual cold war' in Central Asia ---
http://www.atimes.com/atimes/Front_Page/KB21Aa05.html
Special Note - A
quote...."The Collective Security Treaty Organization (CSTO) summit in
Moscow on February 3, followed the next day by the meeting of the
Eurasian Economic Community (EurAsEc) was overshadowed by Kyrgyzstan's
President Kurmanbek Bakiyev announcing the closure of the US Manas air
base in Bishkek."
========== ========== ========== ========== ========== ==========
========== ====
Obama
Administratrion and Wall Street Predators Target “Entitlement Reform”
---
http://www.blackagendareport.com/index.php?option=com_content&task=view&id=1031&Itemid=1
Must Read -
(check out the poster)
-- A quote...."When the corporate media, Wall Street predators and
their favorite politicians talk of "entitlement reform," they are not
referring to their bonuses, or tax breaks, golden parachutes or
consulting fees. They mean to "reform" your Social Security, your
Medicaid, your Medicare, all of which they view as "fiscally
irresponsible." When President Obama endorses a bipartisan summit
on "fiscal responsibility" it's time to look out." --
For more on this sort of issue see video
posted below....
========== ========== ========== ========== ========== ==========
========== ====
Give
Us Back Our F****** Money ---
http://informationclearinghouse.info/article22037.htm ---
Contains
some harsh langauge
-
posted at ICH
---
http://www.reficultnias.org/mikesfiles/cachedfiles/ichsfundingpage-cached-reficultnias-111908
Video - A quote...."If
you go to work everyday, 9-5 and then hand over about a quarter of your
income to the government every month and you're not angry about the
current banking F-up, then you’re either one of the financial or
political elite that have been ripping off the world since time
immemorial, or you’re a sniveling, subservient little slave and you
deserve all the subjugation you get." --
You gotta see the very end. - mpg
========== ========== ========== ========== ========== ==========
========== ====
Ashcroft:
Obama, Bush Detainee Policies Exactly The Same -
Some more of Obama's "Change™" policy. -
mpg
---
http://infowars.net/articles/february2009/180209Ashcroft.htm
A quote...."Former Attorney General John Ashcroft has said that the
Obama administration's policies concerning the 'war on terror'
represent a direct and unwavering continuation of the Bush
administration's approach."
========== ========== ========== ========== ========== ==========
========== ====
We
need the names of these "medical personnel" ---
http://www.atlargely.com/2009/02/we-need-the-names-of-these-medical-personnel.html
A quote...."Neely describes the arrival of detainees in full
sensory-deprivation garb, he details their sexual abuse by medical
personnel, torture by other medical personnel, brutal beatings out of
frustration, fear, and retribution, the first hunger strike and its
causes, torturous shackling, positional torture....." --
"Child detainees? Yes. But we knew this of course, even though our
government has denied it for years. We knew, did we not? - Now for
something far more sinister. The medical staff engaged in this,
including doctors, nurses, psychiatrists, all violated their oath and
should have their medical licenses revoked. I want names. Why? Well let
me ask you. Do you want to take your child to a doctor who has spent
the last several years engaged in the torture of other children?" --
We could call it "Obama's new "No Child
Left Behind Program"....oh no that's not right, OK, we'll call it
Obama's new "No Child's Behind Left...Alone" that is -- Ain't AmeriKa
such a wonderful country, ain't it just great? Welcome folks, to
the New Roman Empire. Oh and by the way, to all you so-called
"Christians" in this country....good job, nice going.- mpg
========== ========== ========== ========== ========== ==========
========== ====
Groups
caution Obama not breaking from Bush secrecy ---
http://www.reuters.com/article/newsOne/idUSTRE51I13T20090219?sp=true
Special Note - A
quote...."NEW YORK (Reuters) - Civil liberties experts say ongoing
cases related to torture and rendition are testing the Obama
administration's assertion it will be more open and transparent than
the Bush administration. -- Since taking office on January 20,
President Barack Obama has extended Bush-era secrecy over documents
authorizing waterboarding and other controversial interrogation
techniques, and has resisted an appeal by a terrorism suspect seeking
to challenge his arrest and detainment."
========== ========== ========== ========== ========== ==========
========== ====
Tell them:
Senate Democratic Leadership ---
http://www.afterdowningstreet.org/node/39992
Action Alert -- A
quote...."Feel free to contact the leadership of the Democrats in the
U.S. Senate and tell them to support and defend the Constitution. Cover
the bases:
● The usurpation of war powers by the Executive branch and the
abdication of war powers by the U.S. Congress
● The erosion of civil rights and Constitutionally guaranteed freedoms
● The rule of law and the accountability of government officials
● The misuse of the fictional corporate person to interfere with
government for and by the People
========== ========== ========== ========== ========== ==========
========== ====
Here's Who
Your District Attorney Is and How to Request Prosecution of Bush for
Murder --- http://www.afterdowningstreet.org/node/39990
Action Alert -- A
quote...."
Click
here. ---
http://www.prosecutegeorgebush.com/the-da-list.php --- If
you're truly dedicated, call every DA on the list. The
first one of you who finds a prosecutor with nerve will have the honor
of becoming a hero - if not a divinity - to billions of people."
========== ========== ========== ========== ========== ==========
========== ====
EU
Denounces Members for Involvement in US Renditions ---
http://www.muslimnews.co.uk/news/news.php?article=15784
A quote...."EU member states bear a share of moral responsibility for
detentions in Guantanamo, the European Parliament has said. It accused
14 members of cooperating with the US in the kidnapping or transport of
terror suspects."
========== ========== ========== ========== ========== ==========
========== ====
Is the U.S.
Paying Off the Italian Government for Forging the Niger Documents?
--- http://www.uruknet.de/?p=m51966&s1=h1
Special Note - A
quote...."Evidence suggests a payoff to Italy for supplying the forged
documents Bush famously used to justify launching the Iraq war. "
========== ========== ========== ========== ========== ==========
========== ====
The US
Media & Democracy in Crisis ---
http://www.consortiumnews.com/2009/021909.html
A quote...."For those of us who have criticized the U.S. mainstream
media for failing to resist right-wing pressure over the past three
decades, there is a sad sense of vindication watching the downward
spiral of so many once-venerable newspapers. But this trend carries
with it a new threat to American democracy. -- The core problem is
this: as flawed as the MSM has been – as complicit as the New York
Times and the Washington Post were in many of George W. Bush’s war
crimes, for instance – journalists for mainstream news outlets provide
most of the factual information that the rest of us rely on." -
also posted at OpEdNews
---
http://www.opednews.com/articles/The-US-Media--Democracy-i-by-Robert-Parry-090219-34.html
---
True, but there are lots
of
foreign newspapers and professional blog-sites, just a tiny miniscule sample of which are
posted on
this website's "Front Page". On the other hand there is another
reason the US-NRE's mass-faux-infotainment is in a "crisis", they lie
all the time, constantly, without shame, about the most serious issues
facing this nation. See articles shown below. - mpg
========== ========== ========== ========== ========== ==========
========== ====
PART
2: Toothless--The Watchdog Press That Became the Government's Lapdog
---
http://www.opednews.com/articles/PART-2-Tootless-The-Watc-by-Brasch-090219-992.html
PART
1: ---
http://www.opednews.com/articles/Toothless-The-Watchdog-Pr-by-Brasch-090212-365.html
Special Note - A
quote...."In May 2004, the New York Times, while claiming it was
aggressive in pursuing stories about the Bush–Cheney Administration,
slipped in an apology for acting more as the mouthpiece for politicians
than as a watchdog for society. “Coverage was not as rigorous as it
should have been,” the Times admitted. Part of the problem, the Times
acknowledged, was that “Editors at several levels who should have been
challenging reporters and pressing for more skepticism were perhaps too
intent on rushing scoops into the paper.” The Times concluded it wished
“we had been more aggressive.” --
Just watch what happens when they launch
the next false flag attack, or their planned war with Iran. It
will be the same damn thing all over again. - mpg
========== ========== ========== ========== ========== ==========
========== ====
Al-Qaida
fantasist tells court: I'm a professional liar ---
http://www.guardian.co.uk/uk/2009/feb/09/uksecurity-july7
Special Note - Related
Article - A quote...."A British man who fooled
the
media
[not really, they ALL knew better- mpg] into
believing he was an al-Qaida insider has admitted in court
that he made up the claims. -- Hassan Butt received significant media
attention for his claims to have helped send scores of Britons to
terrorist training camps overseas and to have met Mohammad Sidique
Khan, the ringleader of the 7 July 2005 attacks on London. -- Butt was
the former spokesman for the extremist group al-Muhajiroun and was
invited to meet a government minister to discuss ways to combat
terrorism, as well as featuring heavily in BBC News, national newspaper
and US television reports on al-Qaida." --
For more on the articles shown above
see....Fake
Intel / Propaganda
---
http://www.reficultnias.org/mikesfiles/weblists/fakeintell-weblist-mpg-090206
========== ========== ========== ========== ========== ==========
========== ====
The Gaza Attack - 7 Articles -
Thursday - [ Day 55 ] ==========
==========
========== ===
An
Underdog’s Dilemma - posted at
OnlineJournal
--- http://onlinejournal.com/artman/publish/article_3171.shtml
---
http://onlinejournal.com/artman/publish/article_4390.shtml
Must Read - A
quote...."Feb 20, 2009, 00:26 -- Almost a thousand Palestinian
civilians were dead from Israel’s recent blitz on Gaza before Barack
Obama interrupted his mantra, that there’s only one president at a
time, to bemoan what he called a tragedy for both sides. Israel
suffered civilian losses, too, after all. Three to be exact. And if
Obama, the consummate underdog, didn’t seem especially moved by the
latest suffering of the clear underdog in the Israeli-Palestinian
conflict, he was merely following a hallowed tradition, started long
ago. --- By a fellow Democrat."
========== ========== ========== ========== ========== ==========
========== ====
Reflections of War -
14 Feb 09 - Part 1 ---
http://www.youtube.com/watch?v=UChWtlMGBJ0
-- Part 2
--- http://www.youtube.com/watch?v=8oe9P7E6zqA
-- Part 3
--- http://www.youtube.com/watch?v=JM6wm5K5WS0
-- Part 4
--- http://www.youtube.com/watch?v=eA-TgBVbfsc
Must View Video -- (AJ
YouTube - aprox 10 min each - February 14, 2009) -- A quote...."On
December 27, 2008, Israel's already crippling siege on the neighbouring
Gaza Strip escalated into a brutal war. Al Jazeera was the only global
news network reporting from both inside Gaza and Israel for the
entirity of the conflict. Throughout Ayman Mohyeldin and Sherine Tadros
brought news of the human tragedy unfolding to living rooms throughout
the English speaking world. They found themselves as vulnerable as the
civilians of Gaza and now they give their full accounts of what it was
really like to report that war."
========== ========== ========== ========== ========== ==========
========== ====
The
Roots of Hatred in the Zionist Ideology ---
http://www.palestinechronicle.com/view_article_details.php?id=14851
Must Read -- Some
quotes...."In 1939 Europe turned a blind eye to the rise of Nazism. The
British foreign minister Neville Chamberlain believed that a policy of
appeasement would work with Hitler; it did not. Hitler attacked Poland,
giving the world a costly lesson - a policy of appeasement does not
work with fascism. The outcome is well known: Europe was ruined and
around 50 million lost their lives." -- "The rise of fascism in the
Zionist culture is, as I shall explain
below, an aspect entrenched in Zionist culture from its earliest
establishment; the recent Israeli election (in February 2009) has only
made it more visible to public opinion. For years Zionists have used
the phrase "Israel is the only democracy in the middle east" as an
ideological weapon to demonize Arabs and to justify its crimes. Today,
after the war on Gaza which showed the world the ugly face of Zionism,
the rise of Israeli fascism is yet evidence that Zionism and racism, as
the UN declared in 1975, are twins; the recent elections in Israel
showed us that Zionism and fascism are synonyms. Yet I must note that
there is a major difference between the Nazi and the Zionist fascist,
this difference does not lie in the culture of hate, which is the basis
of both, but rather in the fact that the Zionist fascist has nuclear
capability, enough, according to military analysts, to destroy a
large
percentage of the human population globally; this fact has,
unsurprisingly, raised serious concerns both in the Middle East and
around the world." --
For moe on
this issue see....A
Mortal Threat – Europe’s New Frankenstein Monster - 01-26-09 - mpg
---
http://www.reficultnias.org/mikesfiles/blotterminiblogs/amortalthreat-europesnewfrankenstein-mpg-reficultnias-012609
========== ========== ========== ========== ========== ==========
========== ====
Israel WMD use in
Gaza alarms NAM ---
http://www.iraq-war.ru/article/190427
A quote...."Thu, 19 Feb 2009 18:41:01 GMT -- The Non-Aligned
Movement (NAM) has condemned the use of "chemical weapons" by Israel in
its recent operations against the Gaza Strip. -- The NAM condemnation
came after Tel Aviv was charged with the use of the controversial white
phosphorous — also known by the military as WP or Willie Pete — shells
during its recent three-week-war on the Gaza Strip."
========== ========== ========== ========== ========== ==========
========== ====
Justifying Israeli
War Crimes By Reem Salahi ---
http://www.creative-i.info/?p=4798
A quote...."Having left Gaza now, I am trying to come to terms with
what I saw, what I heard and honestly, what I don’t think I will ever
understand – the justification. While Israel’s recent offensive
has been the most egregious of any historical attack upon the
Palestinians in Gaza, it is just that, one of many. Gaza has been
under Israeli bombardment and sanctions for many years. Prior to
the Israeli pullout in 2005, Gaza was under the complete control and
occupation of Israel. Nearly 8000 Israeli settlers occupied 40%
of Gaza while the 1.5 million Palestinians occupied the remaining
60%. Settlements were located on the most fertile lands and along
Gaza’s beautiful coastal regions and checkpoints prevented Palestinian
mobility. Despite being one-fifth the size of Rhode Island, 25
miles long by 4-7.5 miles wide, Gaza was divided into three sections
and Palestinians had to pass through multiple checkpoints to get from
one section to the next. Often Israeli forces would close these
checkpoints and not allow the Palestinians access to the other regions
in Gaza as a form of collective punishment."
========== ========== ========== ========== ========== ==========
========== ====
Feared
by Enemies, Denounced by Natural Allies : Hamas and the Tunnel Network
that Feeds Gaza
---
http://www.thepeoplesvoice.org/TPV3/Voices.php/2009/02/20/feared-by-enemies-denounced-by-natural-a
Special Note - A
quote...."02/20/09 | 02:36:46 am -- It is a miracle that 1.4 million
Gazans have survived Israel‘s secret weapon—starvation. Israel has been
throttling the flow of food and goods into Gaza not just for months,
but for years. Recent UN press releases state that since Israel’s
“cease fire,” Israel allows only a fraction of needed food through the
produce gate into Gaza. The Director of Operations in Gaza for the UN
Relief and Works Agency for Palestine Refugees in the Near East
(UNRWA), John Ging, said on Feb 5: “The Agency is responsible for
feeding 900,000 refugees in Gaza, yet can only get food packets out at
a daily rate of 30,000, giving an idea of just how long those at the
end of the queue have to wait.”
========== ========== ========== ========== ========== ==========
========== ====
New York
University (NYU) OCCUPIED in solidarity with Gaza ---
http://www.iraq-war.ru/article/190416
Action Update - A quote...."19.02.2009 22:39 -- NYU in New York City
has been occupied by students seeking to democratize their
university/education and act in solidarity with the people in Gaza and
with UK students and their occupations."
See also the Gaza
Invasion of 12/27/08 - database
---
http://www.reficultnias.org/mikesfiles/weblists/thegazainvasion-mpg-weblist-122708
---
under
construction. - mpg
========== ========== ========== ========== ========== ==========
========== ====
End - The Gaza Attack - 7
Articles - Thursday - [ Day 55 ] ==========
==========
========== ===
Hints
on The Future from Geithner's Confirmation Hearing ---
http://georgewashington2.blogspot.com/2009/02/hints-on-future-from-geithners.html
Must Read - Quote "Jim Sinclair
had an interesting
post
http://jsmineset.com/index.php/2009/02/18/geithner-comments-on-the-errors-of-the-great-depression/
--- yesterday on Geithner's confirmation hearing:"
"During
testimony on his nomination, when Secretary of the Treasury Geithner
was asked about errors made in the Great Depression, he replied:"
There were two:
1.) Monetary
stimulation ended too soon.
2.) Heed was not
taken of the dollar foreign exchange position.
"Think hard on the implications of both these points.
--- The
dollar rose into the Great Depression, acting as a break on American
exports as protectionism was rising everywhere. You can be sure the
present dollar rally as a place of refuge has no meaningful
future. --- You can be sure that [the] estimate of $20 trillion
in total monetary and fiscal stimulation is conservative."
"What's Sinclair saying?"
========== ========== ========== ========== ========== ==========
========== ====
Philly
factories report worst decline in 18 years
---
http://www.marketwatch.com/news/story/philadelphia-area-factories-report-worst-decline/story.aspx?
--- guid=%7B30790FE6-7125-4A0A-B4BA-81B3E1CBCD73%7D
A quote...."WASHINGTON (MarketWatch) -- The business climate for
factories in the Philadelphia region worsened at the fastest rate in
more than 18 years in February, the Federal Reserve Bank of
Philadelphia reported Thursday. -- The Philly Fed index plunged from a
reading of negative 24.3 for January to negative 41.3 in February,
marking the lowest since October 1990. The index has fallen for 14
months out of the past 15."
========== ========== ========== ========== ========== ==========
========== ====
Wholesale
Inflation Surges -- [January producer prices rise 0.8 percent]
--- http://www.blacklistednews.com/news-3388-0-13-13--.html
Well you won't be able to call
it stagflation, assuming inflation finally takes hold, not with all
these bad numbers. We'll just have to come up with a new term for
it. How about "Dee-pla-tion", for depression/inflation? - mpg
-- A quote...."Inflation at the wholesale level surged unexpectedly in
January, reflecting sharply higher prices for gasoline and other energy
products."
========== ========== ========== ========== ========== ==========
========== ====
January
leading indicators up; recession's intensity to ease -
Not really, just read on. - mpg
---
http://www.marketwatch.com/news/story/january-leading-indicators-up-recessions/story.aspx?
--- guid=%7B7132E29F-A05D-4497-B1C3-571F1AF5443B%7D
Some quotes...."For the second consecutive month, the index of leading
economic indicators rose, gaining 0.4% in January,
following a downwardly revised 0.2% in
December." -- "
The recent
gains are due, in part, to the Federal Reserve's huge injections of
cash into the money supply. Despite the rise in January,
widespread weakness remains as the troubled job and housing markets
continue to take their toll.
Some
of the index's estimates may be too optimistic, and could be downwardly
revised, wrote Ian Shepherdson, chief U.S. economist with High
Frequency Economics, in a research note. "In short, we see no
real improvement here despite the rise in the headline," Shepherdson
wrote." -- bold by website editor
========== ========== ========== ========== ========== ==========
========== ====
Fed
report foresees US economic contraction ---
http://www.presstv.ir/detail.aspx?id=86164§ionid=3510203
A quote...."Fed officials on Wednesday lowered their forecast for
economic growth in 2009 and expect to see a contraction of 0.5 percent
to 1.3 percent." --
also posted at BLN
--- http://www.blacklistednews.com/news-3386-0-13-13--.html
========== ========== ========== ========== ========== ==========
========== ====
Video:
Chrysler workers oppose pay cuts, concession demands - (YouTube - 3
min 38 sec - February 18, 2009)
---
http://willyloman.wordpress.com/2009/02/19/video-chrysler-workers-oppose-pay-cuts-concession-demands/
Video - Speaking to the
WSWS, Chrysler workers at the Dodge Truck complex in Warren, Michigan
opposed concessions demanded by the Obama administration and Wall
Street."
========== ========== ========== ========== ========== ==========
========== ====
Nearly
five million on jobless benefits in US ---
http://wsws.org/articles/2009/feb2009/econ-f20.shtml
A quote...."The Labor Department reported Thursday that the number of
US workers receiving unemployment benefits hit 4.99 million in the week
ending February 7, the highest number in 27 years. First time claims
for state unemployment benefits were a higher-than- expected 627,000
for the week ending February 14, as corporations continued to cut back
on production and slash their staffs by thousands of workers."
========== ========== ========== ========== ========== ==========
========== ====
BofA
and Citi shares fall on nationalization fear ---
http://www.reuters.com/article/newsOne/idUSTRE51I4R720090219
A quote...."NEW YORK (Reuters) - Citigroup Inc (C.N) shares fell to
almost 18-year lows on Thursday, with Bank of America Corp (BAC.N)
stock also plunging, amid renewed fears that growing losses could lead
to government control of troubled U.S. banks, wiping out shareholders."
========== ========== ========== ========== ========== ==========
========== ====
Autopsy
for the Celtic Tiger -- How Ireland Went Bust ---
http://www.counterpunch.org/browne02192009.html
A quote...."The unemployment rolls in the Republic of Ireland are
growing by more than 30,000 per month. It might not sound like a lot,
but on a straight per-capita comparison, in a state of some four
million people, that’s more than three times worse than what’s been
afflicting the US. -- This little country is going to hell in a
turbo-charged handbasket."
========== ========== ========== ========== ========== ==========
========== ====
Depositors
turned away from Stanford banks ---
http://news.yahoo.com/s/ap/20090218/ap_on_bi_ge/cb_antigua_stanford_7
A quote...."ST. JOHN'S, Antigua – Panicky depositors were turned away
from Stanford International Bank and some of its Latin American
affiliates Wednesday, unable to withdraw their money after U.S.
regulators accused Texas financier R. Allen Stanford of perpetrating an
$8 billion fraud against his companies' investors."
========== ========== ========== ========== ========== ==========
========== ====
Wednesday February 18th 2009 -
links page
Imagine
--- http://informationclearinghouse.info/article22030.htm
Must Read - A
quote...."February 18, 2009 "Information Clearing House" -- I imagine
being in a room of maimed, deformed and tortured Iraqis, Afghans and
Palestinians, accompanied by widows and orphans mourning because their
entire family has been exterminated. I imagine this roomful of walking
dead sitting around while my friends and I discuss how “realistic” we
in the U.S. must be with our electoral politics, how our expectations
need to “practical,” how peace is just so damn “complicated.” -- I
imagine these victims looking at us with blank, scarred faces as we
congratulate ourselves for selecting a new President who talks about
“our God-given right to lead,” about our duty to spread U.S.-style
democracy throughout the globe, and how we are now just so “proud to be
American.”
========== ========== ========== ========== ========== ==========
========== ====
It's
time to rethink Zionism ---
http://www.guardian.co.uk/commentisfree/2009/feb/16/israelandthepalestinians-israeli-elections-2009
Article ---
http://informationclearinghouse.info/article22033.htm
posted at ICH
---
http://www.reficultnias.org/mikesfiles/cachedfiles/ichsfundingpage-cached-reficultnias-111908
Must Read - A
quote...."The results of last week's parliamentary elections in Israel
brought to the surface some of the most rotten fruits of a debate that
has been going on throughout the state's existence: the idea that a
mono-ethnic Jewish state is feasible, legitimate and desirable. In
other words, it enhanced the predicament of the moral and practical
consequences of the Zionist state ideology."
========== ========== ========== ========== ========== ==========
========== ====
Jailing
Kids for Cash ---
http://www.truthdig.com/report/item/20090217_kids_for_cash/
Must Read - (for the outrage)
--
This is what some Libertarians
who support "Capitalism" simply don't (or won't) understand, when
you're willing to do anything "for the money", when money is what you
worship, when it is your God, when the bottom line is all you
care about, when you create institutions such as Corporations, which
exist without any moral restraint except for the one golden rule of
profit, tragic events like this are not only logical and "moral" from
the perspective of a "True Capitalist", but they are in actual
fact....necessarily inevitable. -
mpg -- As many as 5,000 children in
Pennsylvania have been found guilty, and up to 2,000 of them jailed, by
two corrupt judges who received kickbacks from the builders and owners
of private prison facilities that benefited. The two judges pleaded
guilty in a stunning case of greed and corruption that is still
unfolding. Judges Mark A. Ciavarella Jr. and Michael T. Conahan
received $2.6 million in kickbacks while imprisoning children who often
had no access to a lawyer. The case offers an extraordinary glimpse
into the shameful private prison industry that is flourishing in the
United States."
also posted at CommonDreams
--- http://www.commondreams.org/view/2009/02/18-10
========== ========== ========== ========== ========== ==========
========== ====
Operation
Uptick: Obama Launches Afghan Surge
---
http://www.chris-floyd.com/component/content/article/3/1704-operation-uptick-obama-launches-afghan-surge.html
Must Read - - A
quote...."And so it begins: the great Obama "surge" in Afghanistan.
Before withdrawing a single soldier from Iraq, Barack Obama is throwing
17,500 more troops into the boiling Afghan cauldron. The deployment is
the first installment of what Obama aides affirm could be a much larger
escalation down the road: as soon as the vaunted "strategic review" of
Afghan policy – led by hawks like Joe Biden, Richard Holbrook and
General David "Pre-President" Petraeus – is completed." --
also posted at AfterDowningStreet
--- http://www.afterdowningstreet.org/node/39958
========== ========== ========== ========== ========== ==========
========== ====
Afghans
say 13 civilians killed in US-led strike ---
http://news.yahoo.com/s/afp/20090218/wl_sthasia_afp/afghanistanunrest
A quote...."HERAT, Afghanistan (AFP) – Afghan authorities said
Wednesday that at least 13 civilians, including women and children,
were killed in a US-led air strike on militants, prompting the military
to order an inquiry."
========== ========== ========== ========== ========== ==========
========== ====
'Sustained'
Push Seen in Afghanistan -
link
posted at AntiWar
--- http://www.antiwar.com/
---
http://www.washingtonpost.com/wp-dyn/content/article/2009/02/18/AR2009021803373_pf.html
A quote...."U.S. Commander Says Troop Level of 60,000 Is Needed for at
Least Three to Four Years"
========== ========== ========== ========== ========== ==========
========== ====
Yes
We Can! ---
http://www.uruknet.de/pic.php?f=obama_afghanistan.gif
Cartoon -
From the article shown below, for original
link click
here. ---
http://latuff2.deviantart.com/art/Obama-s-surge-in-Afghanistan-113392450
---
Click on image to
enlarge.
========== ========== ========== ========== ==========
==========
========== ====
UN:
'Worst year' for Afghan deaths ---
http://english.aljazeera.net/news/asia/2009/02/20092172111443391.html
A quote...."Civilian casualties in Afghanistan's escalating conflict
have increased by 39 per cent over the last year, hitting their
worst-ever level, according to a United Nations report."
========== ========== ========== ========== ========== ==========
========== ====
Obamatoon
of the Day.... ---
http://desertpeace.wordpress.com/2009/02/19/obamatoon-of-the-day-2/
A quote...."Obama to send another 17000 US troops to Afghanistan : In
response…….Ben & Jerry created “Yes Pecan!” ice cream flavor for
Obama. -- They then asked for suggestion for a George W. flavor." --
Some examples shown below....
- Grape Depression
- Abu Grape
- Cluster Fudge
- Nut’n Accomplished
- Iraqi Road
- Chock ‘n Awe
- WireTapioca --- and
many more....
========== ==========
========== ========== ========== ==========
========== ====
The Same Old Game
--- http://www.uruknet.de/?p=m51941&s1=h1
A quote...."When US envoy to Afghanistan, Richard Holbrooke met with
Afghanistan’s 'democratically’ installed President Hamid Karzai in
Kabul on February 14, he may have just learned of the historic
significance of the following day. February 15 commemorates the end of
the bloody Russian campaign against Afghanistan (August 1978-February
1989). -- But it is unlikely that Holbrooke will absorb the magnitude
of that historic lesson. Both he and the new US President Barack Obama
are convinced that the missing component for winning the war in
Afghanistan is a greater commitment, as in doubling the troops,
increasing military spending, and, by way of winning hearts and minds,
investing more in developing the country."
========== ========== ========== ========== ========== ==========
========== ====
Kyrgyzstan
MPs approve U.S. air base closure -
More on KZ's boot to the US-NRE's imperial
plans - mpg
---
http://www.reuters.com/article/newsOne/idUSTRE51I1BK20090219
A quote...."BISHKEK (Reuters) - Kyrgyzstan's parliament
voted overwhelmingly on Thursday to
approve a government proposal to close a U.S. air base in the Central
Asian nation which is a transit point for U.S.-led fighting in nearby
Afghanistan." - bold by website editor
========== ========== ========== ========== ========== ==========
========== ====
Secrecy
and denial as Pakistan lets CIA use airbase to strike ...
---
http://www.timesonline.co.uk/tol/news/world/asia/article5755490.ece?token=null&offset=12&page=2
A quote...."The CIA declined to comment, as did the Pentagon. But one
senior Western source familiar with US operations in Pakistan and
Afghanistan told The Times that the CIA “runs Predator flights
routinely” from Shamsi."
========== ========== ========== ========== ========== ==========
========== ====
Peak
Oil: Facts At Your Fingertips ---
http://www.countercurrents.org/goodchild180209A.htm
A quote...."We should first keep in mind that everything in the modern
world is dependent on oil. From oil and other hydrocarbons we get fuel,
fertilizer, pesticides, lubricants, plastic, paint, synthetic fabrics,
asphalt, pharmaceuticals, and many other things. On a more abstract
level, we are dependent on oil and other hydrocarbons for
manufacturing, for transportation, for agriculture, for mining, and for
electricity. When oil goes, our entire industrial society will go with
it. There will be no means of supporting the billions of people who now
live on this planet. Above all, there will be insufficient food." --
For more on this issue see....Peak
Oil -- Chart ---
http://www.reficultnias.org/mikesfiles/cachedfiles/peakoilchart-reficultnias-121008.html
========== ========== ========== ========== ========== ==========
========== ====
The
conflict in the Congo is a resource war waged by U.S. and British allies
-
posted at OnlineJournal
- http://onlinejournal.com/artman/publish/article_3171.shtml
---
http://onlinejournal.com/artman/publish/article_4383.shtml
A quote...."Since Rwanda and Uganda invaded the Congo in 1996, they
have pursued a plan to appropriate the wealth of Eastern Congo either
directly or through proxy forces. The December 2008 United Nations
report is the latest in a series of U.N. reports dating from 2001 that
clearly documents the systematic looting and appropriation of Congolese
resources by Rwanda and Uganda, two of Washington and London’s
staunchest allies in Africa."
========== ========== ========== ========== ========== ==========
========== ====
Why
Imperialism Needs Proxies to Do Its Dirty Work in Africa
---
http://www.opednews.com/articles/Why-Imperialism-Needs-Prox-by-Mark-P-Fancher-090218-691.html
A quote...."Despite resistance from virtually every nation in Africa,
the U.S. continues to seek a home for its Africa Command, AFRICOM. The
lure of African oil and other resources causes Washington to devise
various schemes to dominate the continent - especially the recruitment
of proxies to do the Americans' bidding. A central Washington political
thrust in Africa revolves around the Darfur region of Sudan, where
Colin Powell first charged that genocide was occurring. What the U.S.
really wants is regime change in Sudan, and control of its oil
resources. "AFRICOM is made to order - provided it can overcome the
near unanimous opposition that it faces from Africans the world over."
--
For more on this issue see....Africa
- the Next Target - 02-28-08 - mpg
---
http://www.reficultnias.org/mikesfiles/blotterminiblogs/africathenexttarget-blog-mpg-022808
========== ========== ========== ========== ========== ==========
========== ====
Majority of
Ukrainians believe Yushchenko should resign, according to poll
--- http://www.kyivpost.com/nation/35649
A quote...."A majority of Ukrainians believe that Ukrainian President
Viktor Yushchenko should resign, according to the public opinion poll
held by Kyiv International Sociology Institute."
========== ========== ========== ========== ========== ==========
========== ====
Kazakhstan
to equip 10 battalions with S-300 air defense systems
--- http://en.rian.ru/world/20090219/120215804.html
A quote...."ASTANA, February 19 (RIA Novosti) - Kazakhstan plans to
equip 10 battalions with S-300 air defense missile systems bought from
Russia, with deliveries to begin in 2009, a senior military official
said on Thursday."
========== ========== ========== ========== ========== ==========
========== ====
LNG
puts Sakhalin on map ---
http://en.rian.ru/analysis/20090219/120216520.html
A quote...."MOSCOW. (RIA Novosti economic commentator Oleg Mityayev) -
Russia's first liquefied natural gas (LNG) plant was opened on February
18 in a ceremony on Sakhalin attended by Russian President Dmitry
Medvedev and Japanese Prime Minister Taro Aso."
========== ========== ========== ========== ========== ==========
========== ====
Ecuador
expels second US diplomat ---
http://news.bbc.co.uk/2/hi/americas/7898432.stm
A quote...."Ecuador has expelled a second American diplomat in just
over a week, accusing both officials of interfering in its internal
affairs."
========== ========== ========== ========== ========== ==========
========== ====
Blueprint
for EU army to be agreed ---
http://www.telegraph.co.uk/news/worldnews/europe/eu/4689736/Blueprint-for-EU-army-to-be-agreed.html
A quote...."The plan, which has influential support in Germany and
France, proposes to set up a "Synchronised Armed Forces Europe", or
Safe, as a first step towards a true European military force." --
also posted at BLN
--- http://www.blacklistednews.com/news-3378-0-14-14--.html
========== ========== ========== ========== ========== ==========
========== ====
9/11
‘Truth Force’ -
posted at OnlineJournal
--- http://onlinejournal.com/artman/publish/article_3171.shtml
---
http://onlinejournal.com/artman/publish/article_4386.shtml
Must Read - A
quote...."The strongest element in the campaign for 9/11 truth is the
very fact that we have truth on our side (and however “9/11 truth”
became the consensus slogan of the movement, it was brilliant
marketing). Seven years of independent research and investigation by
thousands of concerned patriots, expert and amateur alike, have turned
up enough evidence to make the official story of what happened on
September 11, 2001, look highly implausible -- and prosecutable." --
For more on this issue see....
9/11
- NORAD ---
http://www.reficultnias.org/mikesfiles/weblists/911norad-weblist-mpg-091308
& 9/11
- WTC7 ---
http://www.reficultnias.org/mikesfiles/weblists/911-wtc7-weblist-mpg-082308
& 9/11
- Commission
---
http://www.reficultnias.org/mikesfiles/weblists/911commission-weblist-mpg-091306
& 9/11
- Punish or Reward ---
http://www.reficultnias.org/mikesfiles/weblists/911punishorreward-weblist-mpg-021409
========== ========== ========== ========== ========== ==========
========== ====
Siegelman:
Rove Trying to Cut Deal, Call Conyers ---
http://www.afterdowningstreet.org/node/39959
Action Alert - A
quote...."Governor Don Siegelman has learned that Karl Rove is in some
sort of negotiation for immunity or exec priv before he testifies on
Feb. 23. He is asking for people to flood Judiciary Chairman John
Conyers with calls to make sure he "stays strong," no deal, no
immunity. Here is the text of my email from Gov. Siegelman."
========== ========== ========== ========== ========== ==========
========== ====
The Gaza Attack - 9 Articles -
Wednesday - [ Day 54 ] ==========
==========
========== ===
Video
series: Gaza - The Hidden Truth - YouTube - 4 to 5 min each -
January 24, 2009)
---
http://www.sott.net/articles/show/176424-Video-series-Gaza-The-Hidden-Truth
Videos - A quote...."A
series of three video montages from news and interview clips, laying
bare the truth of the recent slaughter of Palestinians in Gaza and the
hateful ideology that lies behind it."
========== ========== ========== ========== ========== ==========
========== ====
Dropping
DIMES on Gaza - Death's Laboratory ---
http://www.counterpunch.org/hallinan02182009.html
Must Read - A
quote...."February 18, 2009 -- If, by some miracle, victims do survive,
they are almost to certain develop rhabdomyosarcoma (RMS), a
particularly deadly cancer that deeply embeds itself into tissue and is
almost impossible to treat. A 2005 U.S. Department of health study
found that tungsten stimulated RMS cancers even in very low doses. Out
of 92 rats tested, 92 developed the cancer."
========== ========== ========== ========== ========== ==========
========== ====
Gaza,
Palestine: Israeli troops shoot Palestinian farmer ---
http://www.muslimnews.co.uk/news/news.php?article=15775
A quote...."18-02-2009 -- 11am 18th February 2009, Al Faraheen, Gaza
Strip: Israeli forces have shot a twenty year-old Palestinian farmer as
he worked his land in the village of Al-Faraheen, east of Khan Younis
in the Gaza Strip."
========== ========== ========== ========== ========== ==========
========== ====
Report: “Amy
kidnapped 7600 children since 2000, 246 remain behind bars”
--- http://www.imemc.org/article/58929
A quote...."Palestinian Researcher, specialized in detainees’ affairs,
Awni Farawna, stated that the Israeli army kidnapped 7600 Palestinian
children, males and females, since the year 2000; 246 children are
still behind bars. -- At least 200 of the kidnapped children were
detained under administrative detention, without charges or trial. Some
of the children were as young as 12 years old."
========== ========== ========== ========== ========== ==========
========== ====
Gazan coast
becoming a ‘no-go’ zone ---
http://palsolidarity.org/2009/02/5495
A quote...."On Saturday 14th February, 23 year-old Rafiq abu Reala was
shot by Israeli naval forces whilst fishing in Gazan territorial
waters, approximately two nautical miles out from the port of Gaza
city. He was in a simple fishing vessel, not much larger than a rowing
boat, with a small outboard engine, known locally as a ‘hassaka’.
Rafiq, his brother Rajab and another friend were following the course
of a shoal of fish. A group of five more hassakas were out at the time,
about a kilometre to the west of Rafiq’s boat, further out to sea. An
Israeli naval gunboat approached the area and began shooting at the
other hassakas, which quickly changed course and headed east, back
towards shore."
========== ========== ========== ========== ========== ==========
========== ====
Israeli
tanks enter Gaza City ---
http://atheonews.blogspot.com/2009/02/israeli-tanks-enter-gaza-city.html
A quote...."Thu, 19 Feb 2009 -- Israeli tanks backed by helicopters
have crossed the border with the Gaza Strip, triggering clashes in Gaza
City. Witnesses told AFP that the military forces entered Gaza City
early Thursday with Palestinian fighters exchanging fire with them. The
military forces however left the strip after the fighters fired
antitank rockets at them. No casualties have been reported in the
attack. There was no comment by the Israeli military on the incident."
========== ========== ========== ========== ========== ==========
========== ====
Erdogan:
Olmert remarks not trustable ---
http://www.presstv.ir/detail.aspx?id=86101§ionid=351020202
A quote...."Thu, 19 Feb 2009 08:27:38 GMT -- Turkish Prime
Minister says Israeli Premier's recent remarks about the Gaza war are
inconsistent and create distrust among leaders."
========== ========== ========== ========== ========== ==========
========== ====
Did
Egypt sabotage deal over Gaza, Shalit? ---
http://electronicintifada.net/v2/article10317.shtml
A quote...."18 February 2009 -- One of the major achievements of the
Israeli revisionist historians has been to break down Israeli myths
surrounding the establishment of the State of Israel. A key myth has
been the claim that Israel is surrounded by hostile Arab regimes. While
this claim has been debunked, even mocked, by many Arabs who accuse
their regimes of not only collaboration with Israel but also complicity
in the continuing suppression of Palestinian resistance movements, that
collaboration has now been documented and exposed with the unearthing
of official records."
========== ========== ========== ========== ========== ==========
========== ====
European
Parliament urges increased humanitarian aid to Gaza ---
http://news.xinhuanet.com/english/2009-02/19/content_10845045.htm
A quote...." 2009-02-19 06:39:44 -- BRUSSELS, Feb. 18
(Xinhua) -- The European Parliament (EP) on Wednesday adopted a
resolution, calling for increased humanitarian aid to and for an end to
the blockade of the Gaza Strip, the immediate and sustainable reopening
of the crossing points between Israel and the Gaza Strip."
See also the Gaza
Invasion of 12/27/08 - database
---
http://www.reficultnias.org/mikesfiles/weblists/thegazainvasion-mpg-weblist-122708
---
under
construction. - mpg
========== ========== ========== ========== ========== ==========
========== ====
End - The Gaza Attack - 9 Articles
- Wednesday - [ Day 54 ] ==========
==========
========== ===
A
New Fat Cat-Government Conspiracy to Loot Social Security
---
http://existentialistcowboy.blogspot.com/2009/02/new-fat-cat-government-conspiracy-to.html
Must Read -- A
quote...."Under the cover of 'Economic Crisis', the Axis of Wall
Street, K-street, and the GOP schemes to loot the Social Security Trust
fund. This axis of evil wants to use the Social Security trust fund to
'bailout' the crooked banks who created the financial crisis to begin
with. When times were good under Clinton, we were told that Social
Security had to be scrapped. The trust fund was running out of money,
we were told. Now, when times are bad, they are telling us that Social
Security needs to be scrapped because it is a success. -- The 'trust
fund' that we had been told was going broke is coveted because it was
NOT going broke. It is now seen as a means by which greedy, incompetent
and failing banks can be bailed out! Would the greedy bastards go after
a bankrupt program? I don't think so! To the greedy, incompetent
bankers who have already squirreled away billions of bailout bucks
offshore, I say: you give me the money you secretly transferred out of
the country and let me do something constructive with it!
========== ========== ========== ========== ========== ==========
========== ====
Strange
Math -
posted at ICH
---
http://www.reficultnias.org/mikesfiles/cachedfiles/ichsfundingpage-cached-reficultnias-111908
--- http://informationclearinghouse.info/article22027.htm
Special Note - A
quote...."As I grew older and became more involved in business and
the financial markets, I quickly learned that the same number could
mean just about anything depending on the mental agility of your
accountant. For a perfect example, take a good look at Enron or
the
Madoff affair. Today the numbers manipulation game has gone to such
extreme lengths, that the entire financial system is in danger of
collapse. Governmental band-aids have been applied, but it’s the
equivalent of trying to cure a cancerous brain tumor with an aspirin."
========== ========== ========== ========== ========== ==========
========== ====
Marc Faber:"One
Day the Price of Gold Will Be Higher than the Dow Jones."
--- http://georgewashington2.blogspot.com/
Market Tech Note - A
quote...."The biggest gold bugs have said for years that the price of
gold usually mirrors the Dow Jones stock market index, and that it will
eventually end up there again. For example, Peter Cooper recently
wrote...."
========== ========== ========== ========== ========== ==========
========== ====
Still
searching for the bottom
---
http://www.marketwatch.com/news/story/Wall-Street-likely-fail-retest/story.aspx?guid=%7BFB91F881-DFC8-4137-AA09-97376AC65312%7D
Market Tech Note - A
quote...."I wanted to know what light the sentiment data might shed on
this question. Will the stock market successfully pass its retest of
the Nov. 20 lows? Or will it fail, in which case new bear-market lows
are ahead? -- To gain insight, I analyzed how sentiment behaved in the
past whenever the market successfully retested a bear-market low.
Unfortunately, I found a marked difference between sentiment on those
occasions and the mood that prevails today."
Editor's
Caution: Regarding the
two articles shown above. The flat line of Wednesday’s stock market
action is indicative of possible intervention by certain interested
parties. Be aware that they, and the Banks and institutions they
control, have the potential to exercise massive leverage due to their
on-going participation in the derivatives market, which by some
estimates now measures 1.3 to 1.5 Quadrillion dollars in notational
value. – mpg
========== ========== ========== ========== ========== ==========
========== ====
Moody's
Plays Games To Avoid Stripping the U.S., UK, Ireland and Spain of Their
AAA Ratings
---
http://georgewashington2.blogspot.com/2009/02/moodys-plays-games-so-it-wont-have-to.html
Must be more of that
"transparency" they've been talking about for the last couple of
years. Let's see....how did this whole economic mess start in the
first place? Oh that's right; one of the main contributing
factors was all of those so-called "impartial" credit agencies giving
triple A ratings to junk financial instruments. Guess this must
be more of that "Obama-change" again. - mpg -- A
quote...."Instead of downgrading the sovereign credit ratings of the
U.S. and the UK, Moody's is instead playing games."
========== ========== ========== ========== ========== ==========
========== ====
Germany
drafts bank takeover law ---
http://english.aljazeera.net/news/europe/2009/02/200921817362186380.html
Some quotes...."Germany has approved a draft law
allowing the forced nationalisations
of banks, saying it would use its new powers to take control of giant
propery lender Hypo Real Estate." -- "
Hypo
has so far received $128bn in guarantees from the state and
fellow banks over the past year, but remains in dire financial straits.
Berlin has said the bank, which was hit hard by
its exposure to the collapsing mortgage
market in the United States a year ago and has spiralled
downwards since, cannot be allowed to fail because of its key role in
German bond markets. - bold by website editor
========== ========== ========== ========== ========== ==========
========== ====
The
Looming Collapse of European Banking ---
http://www.lewrockwell.com/north/north689.html
Special Note -
Financial Warning - A quote...."The
banking system of Europe is at the edge of the abyss. A brief story by
The Telegraph revealed this last week. The original was almost
immediately deleted. A new version was substituted."
You can see the original headline
on Google:
European banks may need £16.3 trillion bail-out, EC document
warns ...
"There are dozens of these links. I read the story last week. I saved
the link. But, lo and behold, when I clicked my saved link on Monday
morning, the story did not mention a specific figure."
One has to feel sorry for the
European people, but only a little bit. After all, they foolishly
let their elites knowingly buy enormous sums of the US-NRE's toxic
debts to support its ongoing non-stop efforts to control the Middle
East’s natural
resources. And they are also STILL, after all this time, after
all the blatant lies that were told, willing to sacrifice the lives of
their sons and daughters to prop up this moribund attempt at empire. -
mpg
For more on the issues covered
in the two articles shown above see....Debt
Doesn't Matter When the Rubes Pay - 02-29-08 - mpg
---
http://www.reficultnias.org/mikesfiles/blotterminiblogs/debtdoesntmatter-blog-mpg-022908
========== ========== ========== ========== ========== ==========
========== ====
Next Wave of Banking
Crisis to come from Eastern Europe By F. William Engdahl
--- http://www.creative-i.info/?p=4768
Special Note -
Financial Warning -
Europe also loaned out a lot of money to
help NATO and the EU march eastward, all with the constant
encouragement and support of the US-NRE elites. They really shouldn't
listen to the US-NRE’s elites but the EU's elites are just about as
stupid, craven and corrupt as many of the US-NRE's Neo-Roman Citizens.
It's going to cost them..... a lot.– mpg -- A
quote...."European banks face an entirely new wave of losses in coming
months not yet calculated in any government bank rescue aid to date.
Unlike the losses of US banks which derive initially from their
exposures to low-quality sub-prime real estate and other securitized
lending, the problems of western European banks, most especially in
Austria, Sweden and perhaps Switzerland arise from the massive volumes
of loans they made during the 2002-2007 period of extreme low
international interest rates to clients in eastern European countries."
========== ========== ========== ========== ========== ==========
========== ====
U.S.
housing starts drop to lowest ever ---
http://www.iht.com/articles/2009/02/18/business/19econ.php
A quote...."The Commerce Department reported on Wednesday that
privately owned housing starts in January fell 16.8 percent from
December, to an annual rate of 466,000.
That was the slowest pace since at least
1959." - bold by website editor
also posted at BLN
--- http://www.blacklistednews.com/news-3382-0-13-13--.html
========== ========== ========== ========== ========== ==========
========== ====
Tech
Layoffs Surge to 300,000 ---
http://www.washingtonpost.com/wp-dyn/content/article/2009/02/17/AR2009021700921.html
A quote...."Layoffs in the tech sector are accelerating. It took
exactly three weeks for tech layoffs to surge to 300,000, according to
our Layoff Tracker. Since late January, when the tracker hit 200,000
layoffs, another 100,000 job eliminations have been announced or
completed. In contrast, it took five weeks for layoffs in the tech
industry to hit the 200,000 mark, and four months for layoffs to hit
100,000 last December."
========== ========== ========== ========== ========== ==========
========== ====
"Worst
Is Yet to Come:" Americans' Standard of Living Permanently Changed
-
i.e. massive deflation
---
http://finance.yahoo.com/tech-ticker/article/176478/%22Worst-Is-Yet-to-Come%22-Americans%27-Standard-of-Living-Permanently-Changed?tickers
A quote...."There's no question the American consumer is hurting in the
face of a burst housing bubble, financial market meltdown and rising
unemployment. -- But "the worst is yet to come.... --
also posted at BLN
--- http://www.blacklistednews.com/news-3370-0-13-13--.html
* An $8 trillion negative wealth effect from
declining home values.
* A $10 trillion negative wealth effect from
weakened capital markets.
* A $14 trillion consumer debt load amid "exploding
unemployment", leading to "exploding bankruptcies."
========== ========== ========== ========== ========== ==========
========== ====
US
automakers outline massive attack on jobs, wages ---
http://wsws.org/articles/2009/feb2009/auto-f19.shtml
A quote...."General Motors and Chrysler LLC submitted plans to the US
Treasury Department Tuesday outlining their strategy to return to
profitability through an unprecedented assault on the jobs, wages and
working conditions of autoworkers."
========== ========== ========== ========== ========== ==========
========== ====
Brazil
may drop dollar for transactions ---
http://www.presstv.ir/detail.aspx?id=86077§ionid=351020706
The longer the world's
countries remain linked to the dollar, the greater the pain that will
be inflicted on their once vibrant economies. It's their choice
and they're rapidly running out of time. - mpg -- A
quote...."Brazil is keen to see transactions between South American
states take place using national currencies, without recourse to the US
dollar."
========== ========== ========== ========== ========== ==========
========== ====
Many
seek their money as Stanford fallout spreads
http://www.reuters.com/article/topNews/idUSTRE51H5IO20090219?feedType=RSS&feedName=topNews
A quote...."ST. JOHN'S/CARACAS (Reuters) - People scrambled on
Wednesday to get back their money from firms linked to Texas
billionaire Allen Stanford, as fallout from U.S. fraud charges against
him spread from the United States and the Caribbean to Latin America
and Europe."
========== ========== ==========
========== ========== ==========
========== ====