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  • Double Bubble
    3 February 2008 par (Open-Publishing)

    By David Glenn Cox
    My son is in the auto salvage business, he buys and sells wrecked Honda’s. He either strips them down for parts or rebuilds them swapping engine and transmissions from the wrecked cars into cars with blown motors. We were discussing the proposed tax rebate and I explained that since he is unmarried he will only get half the rebate that I will. He laughed and said, “Yeah but hell, I’ll be getting lots of them!”
    He’s right of course, the economic stimulus will help his (…)

  • Something Had to Give
    3 February 2008 par (Open-Publishing)

    How Oil Burst the American Bubble By Michael T. Klare
    The economic bubble that lifted the stock market to dizzying heights was sustained as much by cheap oil as by cheap (often fraudulent) mortgages. Likewise, the collapse of the bubble was caused as much by costly (often imported) oil as by record defaults on those improvident mortgages. Oil, in fact, has played a critical, if little commented upon, role in America’s current economic enfeeblement — and it will continue to drain the (…)

  • Ralph NADER Launches Presidential Exploratory Committee
    2 February 2008 par (Open-Publishing)
    1 comment

    DemocracyNow.org January 31 2008
    AMY GOODMAN: Here, you have John Edwards dropping out, and on the same day, longtime consumer advocate and two-time presidential candidate Ralph Nader launched a presidential exploratory committee to decide whether to run as an independent. Ralph Nader ran on the Green ticket in ’96 and 2000, as an independent in 2004, which would make him three-time presidential candidate. On his website, Ralph Nader is urging supporters to “discipline the corporate crooks (…)

  • Tamiflu-resistant flu found in Canada and U.S.
    2 February 2008 par (Open-Publishing)

    Tamiflu-resistant flu found in Canada and U.S.
    CTV.ca News Staff Updated: Fri. Feb. 1 2008 12:34 PM ET
    The main flu virus circulating in Canada and the United States has shown "elevated resistance" to the antiviral drug Tamiflu, the World Health Organization said on Friday.
    In Canada, 8 out of 81 samples showed resistance — more than a 10 per cent resistance rate, a WHO spokesperson said
    Normally, just under one per cent of flu viruses would be expected to be resistant to the (…)

  • The Illustrated President
    30 January 2008 par (Open-Publishing)

    George W. Bush is famous for his attachment to a painting which he acquired after becoming a “born-again Christian.” It’s by W.H.D. Koerner and is entitled A Charge to Keep. Bush was so taken by it, he took the painting’s name for his own official autobiography. And here’s what he says about it:
    I thought I would share with you a recent bit of Texas history which epitomizes our mission. When you come into my office, please take a look at the beautiful painting of a horseman determinedly (…)

  • The Financial Tsunami: The Financial Foundations of the American Century
    29 January 2008 par (Open-Publishing)

    Global Research January 16, 2008
    F. William Engdahl
    The ongoing and deepening global financial crisis, nominally triggered in July 2007 by an event involving a small German bank holding securitized assets backed by USA sub-prime real estate mortgages, can best be understood as an essential part of an historical process dating back to the end of the Second World War—the rise and decline of the American Century.
    The American Century, proudly proclaimed by Time-Life founder and (…)

  • Enema of the State
    28 January 2008 par (Open-Publishing)
    1 comment

    The United States of America, once the home of the brave and the land of the free, where money, ideas and people flowed freely and without obstruction has become a constipated mess more resembling a third world nation than the world’s economic powerhouse.
    Thus, the USA is in need of the time-honored method of removing rotting detritus and partially-digested flotsam from deep within its bowels. America needs a hose shoved up its butt and a high pressure hot water stream imposed to dislodge (…)

  • Brattleboro Moves to Indict Bush, Cheney
    28 January 2008 par (Open-Publishing)
    1 comment

    Brattleboro Moves to Indict Bush, Cheney
    Brattleboro, Vermont - January 28, 2008
    Brattleboro residents will vote on a controversial Town Meeting Day item regarding President Bush and Vice President Cheney.
    Voters will be asked if the two should be arrested for war crimes, perjury or obstruction of justice if they ever step foot in Brattleboro. So far, Vermont is the only state Bush hasn’t visited since he became president in 2001.
    Town officials say they have no legal power to (…)

  • It’s Time To Develop Community Volunteer Pools -
    28 January 2008 par (Open-Publishing)

    It’s Time To Develop Community Volunteer Pools -
    "Foreclosures Prompt Cities to Make Plea for Aid : The United States Conference of Mayors ( usmayors.org ) As more than 250 mayors , agreed that the collapse of the subprime market had left a growing problem of vacant houses, depressed property values, tighter credit, and a need to cut services to close municipal budget gaps. "
    With news like this, and many other stories threatening the possibility of a global Depression, (Based on a (…)

  • Chavez Urges Withdrawals From U.S. Banks
    28 January 2008 par (Open-Publishing)
    1 comment

    Chavez Urges Withdrawals From U.S. Banks
    By IAN JAMES – 1 day ago
    CARACAS, Venezuela (AP) — Venezuelan President Hugo Chavez urged his Latin American allies on Saturday to begin withdrawing billions of dollars in international reserves from U.S. banks, warning of a looming U.S. economic crisis.
    Chavez made the suggestion as he hosted a summit aimed at boosting Latin American integration and rolling back U.S. influence.
    "We should start to bring our reserves here," Chavez said. "Why (…)