Why Supplanting the Dollar Would Be Good for America
By JUSTIN FOX Thursday, Apr. 09, 2009
New column: Down with the dollar! And up with the SDR! (Up with Esperanto, too, while we’re at it) Or maybe not. In the past few weeks, another rival to the dollar — created in 1969 but dormant for most of the time since — has made a spectacular re-entry onto the world scene. It goes by the ungainly name of special drawing right (SDR), and it is the currency not of some foreign rival but of the (…)
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Why Supplanting the Dollar Would Be Good for America
15 April 2009 par (Open-Publishing)
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China versus America: ’Great Game’ for Global Order?
15 April 2009 par (Open-Publishing)
China versus America: ’Great Game’ for Global Order?
by Park Sang-seek
Global Research, April 14, 2009 The Korea Herald - 2009-04-07
The G20 summit in London ended with an optimistic note. But the final communique was a compromised document between the forces to preserve the basic architecture of the existing financial order and the forces to replace it with a new one: the first led by the Anglo-American partnership and the second by the BRICs with the support of the non-participating (…) -
War, Oil and Gas Pipelines: Turkey is Washington’s Geopolitical Pivot
14 April 2009 par (Open-Publishing)
War, Oil and Gas Pipelines: Turkey is Washington’s Geopolitical Pivot
by F. William Engdahl
Global Research, April 14, 2009
The recent visit of US President Obama to Turkey was far more significant than the President’s speech would suggest. For Washington Turkey today has become a geopolitical “pivot state” which is in the position to tilt the Eurasian power equation towards Washington or significantly away from it depending on how Turkey develops its ties with Moscow and its role (…) -
The imbecility of financial markets
14 April 2009 par (Open-Publishing)
The imbecility of financial markets
By Dr.-Ing. Artur P. Schmidt
Tuesday, 14 April 2009
The U.S. sold 27 trillion USD in toxic credit-bundling products all over the world. The success was based to the fact that every minute a new idiot as a buyer was found - to finance the ailing U.S. empire. The process of globalization was the Idiotisierung of internationalized financial markets. Today, many banks are still houses the morgue.
Continue to read: (…) -
STRESS TEST MY ASS
14 April 2009 par (Open-Publishing)
STRESS TEST MY ASS
Do you think the government, Fed and the 19 banks that have majority ownership of the Fed are going to tell you the truth. YOU CAN’T HANDLE THE TRUTH!!!!!
These 19 banks are bankrupt. Wells Fargo reported a $3 billion profit. Bull Shit. The toxic assets and future bad mortgages are sitting on their balance sheet. The government is letting them lie to us about the value of those assets. This is all a sham. A giant confidence game cooked up by Geithner, Bernanke, and the (…) -
practical solutions
13 April 2009 par (Open-Publishing)
is there reason to think that mankind can survive itself ? thats a loaded question to say the least. we hear of exciting new technologies, that could conceviably give us a fountain of youth, we see possibly advancements in green technology that could get eventually wean us from using oil for fuels. yet we also hear of wars and famines, we hear of the impractical solutions that we are given where crazy executives at monsato have decided to reengineer genetics and unleash their ill advized (…)
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Denial, Denial, Denial — This is the Great Given Guarantee of America
13 April 2009 par (Open-Publishing)
Denial, Denial, Denial— This is the Great Given Guarantee of America by James Nimmo (OKLAHOMA CITY) If the River of Denial isn’t in Africa, then it’s running full flood in Oklahoma. The "fair-minded electorate" has not only voted to make Okie gay and lesbian citizens 2nd-class it will now have the opportunity to deny the right of the ballot box to otherwise qualified voters who are too financially or physically disadvantaged to acquire a government-issued photo identification card. (…)
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The new definition of money
13 April 2009 par (Open-Publishing)
The new definition of money
Monday, 13 April 2009
The definition of money - since October, it is quite another. The Fed prints dollars and money expropriated owners. They are poorer and may then return to high interest rates to borrow - Don Harrold verdict. (Video engl.)
http://www.youtube.com/watch?v=-Bq4GKLC1MI -
The Economic Crisis: No, this will not be a Normal Cyclical Recovery
13 April 2009 par (Open-Publishing)
The Economic Crisis: No, this will not be a Normal Cyclical Recovery
by Prof. John Kozy
Global Research, April 12, 2009
The Congress, at the behest of corporate lobbyists, wrote into legislation the rules that permitted companies to offshore jobs, reduce real wages, and permit risky financial practices. Therein lies the root cause of this crisis.
Philip Tetlock, a professor at the University of California, Berkeley, spent two decades tracking 82,000 predictions made by 284 experts. (…) -
Solution to The Financial Crisis: "Liquidate the banks and fire the executives"
12 April 2009 par (Open-Publishing)
1 commentSolution to The Financial Crisis: "Liquidate the banks and fire the executives" Recommendations of the Warren Report:
by Mike Whitney
Global Research, April 11, 2009
On Tuesday, a congressional panel headed by ex-Harvard law professor Elizabeth Warren released a report on Treasury Secretary Timothy Geithner’s handling of the Troubled Assets Relief Program (TARP). Warren was appointed to lead the five-member Congressional Oversight Panel (COP) in November by Senate majority leader Harry (…)