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  • Credit crunch ’at $1.2 trillion’
    26 March 2008 par (Open-Publishing)
    1 comment

    Credit crunch ’at $1.2 trillion’
    The credit crunch will globally cost $1.2 trillion (£600bn) according to a report from the bank Goldman Sachs.
    The report says 40%, or $460bn, of those losses will hit US banks, brokerages and other institutions.
    Goldman estimates that US financial firms have already reported losses of $120bn since the credit crunch began.
    Banks made huge losses on investments backed by US mortgages. That is now hampering their ability to loan money, which (…)

  • Valley of Death
    24 March 2008 par (Open-Publishing)
    1 comment

    The Charge Of The Light Brigade
    by Alfred, Lord Tennyson
    Memorializing Events in the Battle of Balaclava, October 25, 1854, Written 1854
    Half a league half a league, Half a league onward, All in the valley of Death Rode the six hundred: ’Forward, the Light Brigade! Charge for the guns’ he said: Into the valley of Death Rode the six hundred.
    ’Forward, the Light Brigade!’ Was there a man dismay’d ? Not tho’ the soldier knew Some one had blunder’d: Theirs not to make reply, (…)

  • 9/11 , 1998
    21 March 2008 par (Open-Publishing)
    1 comment

    That was the day President William Jefferson Clinton called America’s religious leaders to the White House to ask their forgiveness for not having sex with "that woman!"
    – http://weblogs.baltimoresun.com/new...
    – http://thecaucus.blogs.nytimes.com/...
    No photos of Rev. Jeremiah Wright have appeared as of yet, showing him serving as a United States Marine attending to President Johnson.
    Anyone of importance who dares speak truth to power in the United States of America will be (…)

  • Iran: Danger and Opportunity; Cheney’s Trip to the ME
    20 March 2008 par (Open-Publishing)

    Thursday, March 20, 2008
    Iran: Danger and Opportunity;
    Polk Guest Op-Ed
    William R. Polk writes:
    Cassandra and Yogi Berra are an unlikely pair, but I hear both of their voices today. Cassandra, like some of us, was cursed to be always disbelieved as she correctly predicted the future while baseballer Yogi Berra will be remembered for his penetrating insight into the flow of history, “This is like deja vu all over again."
    It is through the unlikely medium of U.S. News and World (…)

  • War in Heaven: The Arms Race in Outer Space, A review of Helen Caldicott’s book
    20 March 2008 par (Open-Publishing)

    A review of Helen Caldicott and Craig Eisendrath’s book by Jim Miles
    In this short volume, Helen Caldicott and Craig Eisendrath provide a sharp and concise analysis of the American nuclear weapons industry and its many ramifications for society and the peoples of the world in general. While they see the big picture, they ably document the details of theory and practice of the (mostly) American push towards bigger and better (deadlier and more accurate) nuclear armaments that accompany (…)

  • The Corporation, THE UNITED STATES OF AMERICA, and the War Racket
    20 March 2008 par (Open-Publishing)

    The first time I watched the award winning documentary “The Corporation” was during the 2003 Vancouver International Film Festival. Walking out of the theater after the question and answer period was a very surreal moment for me. Previous to this experience my mindset could have been classified as an anti-corporate activist.
    That night I learned that a corporation did not have to be regarded an evil entity. Just like human beings, corporations can be good or bad. They can be established (…)

  • Why?
    20 March 2008 par (Open-Publishing)
    6 comments

    By William Rivers Pitt
    t r u t h o u t | Columnist
    Wednesday 19 March 2008
    "Politics is the art of controlling your environment." - Hunter S. Thompson
    Five years in Iraq.
    That’s 1,825 days since "Shock and Awe" lit up the skies above Baghdad, all of which was captured live and in living color by unblinking CNN cameras with unobstructed views of the carnage.
    3,991 United States soldiers have died in Iraq since then. That’s a little more than two United States (…)

  • Declassified documents shed new light on American support to Dalai Lama
    20 March 2008 par (Open-Publishing)
    1 comment

    by Arthur J Pais in New York
    Just as the United States Congress, following intense pro-Tibet lobbying by the likes of movie star Richard Gere, has urged the administration to spend annually $ 2 million in support of the Tibetan exiles, in addition to the $ 2 million annually in funding for Tibetan exiles in India, comes a revelation that could embarrass the Tibetan cause.
    The Central Intelligence Agency has stoutly refused to discuss its involvement in the Tibetan struggle but the story (…)

  • How To Save Homeowners And Banks From The Mortgage Mess On The Cheap
    19 March 2008 par (Open-Publishing)

    How To Save Homeowners And Banks From The Mortgage Mess On The Cheap
    By Daniel A. Stafford 03/19/2008
    The simplest answer is to move stressed home owners "down market."
    For example:
    Joe Doe owns a $400k house. His payments are $2800.00 per month including tax and insurance escrow, as he only has five percent equity in the house. Joe Doe has an ARM that is going to start floating its interest rate against a foreign exchange rate in six months. Joe’s house is now worth $375k due to the (…)

  • Will the GOP election theft machine do it again in 2008?
    18 March 2008 par (Open-Publishing)

    With record low approval ratings for the Bush/Cheney regime and the albatross of an unpopular war hanging from the GOP’s neck, do you think that a Democratic presidential candidate will win the White House, get us out of Iraq, and end our long national nightmare?
    Think again – the mighty election theft machine Karl Rove used to steal the US presidency in 2000 and 2004 may be under attack, but it is still in place for the upcoming 2008 election.
    With his usual devious mastery, Rove has (…)