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  • SEVEN REASONS WHY OBAMA IS WRONG ON AFGHANISTAN
    7 April 2009 par (Open-Publishing)
    1 comment

    A JAZZMAN CHRONICLE. DISSEMINATE FREELY.
    By Jack Random
    Recently, the Center for American Progress published “Seven Reasons Why We Need to Engage in Afghanistan.” Sounding eerily like a Neocon Brain Trust from the Bush era, it was an argument defending the president’s policy of escalation in and prolonged occupation of Afghanistan.
    The argument came in anticipation of Obama’s first international tour as president of the United States. He appealed to the members of the North Atlantic (…)

  • US Consumers fall behind on loans at record rate
    7 April 2009 par (Open-Publishing)

    US Consumers fall behind on loans at record rate
    Updated 19h 13m ago
    By Kathy Chu, USA TODAY
    A record number of consumers are falling delinquent or into default on their loans, a problem that some economists say will only get worse this year.
    A record 4.2% of consumer loans were delinquent at least 30 days in the fourth quarter, the latest data available, according to the Federal Reserve. Another 4% of consumer loans were in default, meaning they’d been written off by lenders. (…)

  • Learn from the Argentinean crisis
    7 April 2009 par (Open-Publishing)

    Learn from the Argentinean crisis
    TERMINAL CRISIS BRINGS DOWN THE GLOBAL FINANCIAL SYSTEM
    Adrian Salbuchi: Go Get Your Dollars Out Now! FAST!!!
    Watch the video on YouTube.
    Part One: http://www.youtube.com/watch?v=UlDNMB6wYmI
    Part Two: http://www.youtube.com/watch?v=78ddURofMWs
    or...
    Type in the YouTube Search: "Salbuchi - Global Financial Collapse"
    An Argentine opinion on the Global Financial Crisis by political analyst ADRIAN SALBUCHI, describing how the whole Global (…)

  • One-tenth of Americans already applies to food stamps: Each month, the U.S. lost 680,000 jobs
    6 April 2009 par (Open-Publishing)

    One-tenth of Americans already applies to food stamps: Each month, the U.S. lost 680,000 jobs
    Despite the rescue packages and Konjunkturptogramme, the U.S. president in Obama trillion level incentives Schwill initial unemployment in the U.S. continues to grow. In March the unemployment rate climbed to 8.5 percent, and 660,000 more people lost their jobs. In the financial sector, however, only 43,000. The White House went so far optimistic assumption that unemployment by the end of the year (…)

  • Soros says U.S. banks "basically insolvent"
    6 April 2009 par (Open-Publishing)

    Soros says U.S. banks "basically insolvent"
    Mon Apr 6, 2009 10:37am
    NEW YORK (Reuters) - The U.S. economy is in for "a lasting slowdown" and won’t recover this year, while "the banking system as a whole is basically insolvent," billionaire investor George Soros told Reuters Financial Television on Monday.
    While nationalization of banks is "out of the question," he said stress tests being conducted by the U.S. Treasury could be a precursor to a more successful recapitalization.
    But he (…)

  • US Communities print their own currency to keep cash flowing
    6 April 2009 par (Open-Publishing)

    US Communities print their own currency to keep cash flowing
    By David Coates, The Detroit News, via AP
    In Detroit, three downtown businesses have created a local currency, or scrip, to keep dollars earned locally in the community.
    A small but growing number of cash-strapped communities are printing their own money. Borrowing from a Depression-era idea, they are aiming to help consumers make ends meet and support struggling local businesses.
    The systems generally work like this: (…)

  • Pseudo Theologian Rep. Peter T. King Sounds Off
    6 April 2009 par (Open-Publishing)

    “Thou shalt keep thy religion to thyself.” - George Carlin
    He was just in time for April Fools’ Day, 2009! His name is Peter T. King and he’s a Republican member of the U.S. House of Representatives from Long Island, NY. And, for the last eight years, he was one of the prime enablers of the worst excesses of the Bush-Cheney Gang in the Congress. Now, with the financial meltdown ongoing, Rep. King has jumped onto the national stage to add unintended comic relief for the millions in shock (…)

  • Deep Recession in America: The Crash of 2009, The Collapse of 2010
    6 April 2009 par (Open-Publishing)

    Deep Recession in America: The Crash of 2009, The Collapse of 2010 The real economic collapse could come by the end of this year
    by Humayun Gauhar
    Global Research, April 5, 2009 The Nation (Pakistan)
    Editor’s Note This article is meant to be provocative. Global Research does not necessarily share its conclusions.
    Letter to my son
    My dear Muhammad Ali:
    I told you that it’s a funny world getting funnier. Many American analysts are saying that America’s real economic collapse could (…)

  • Obama’s Disconnects: Why The World Does Not Trust Him, Nor Should You
    5 April 2009 par (Open-Publishing)
    3 comments

    Obama’s Disconnects: Why the World Doesn’t Trust Him, Nor Should You
    Sam Hamod, Ph.D. 4.2.09
    Obama and some Americans may wonder why most of the world’s leaders, save the British, don’t believe or have any great trust in Obama’s words. In fact, it’s because of his disconnects between his rhetoric and his decisions that have become evident since he became presdident. Obama is not trusted by the China, France, Turkey, Germany, the head of the EU and many other world leaders because they (…)

  • It’s Not Going to Be OK
    5 April 2009 par (Open-Publishing)
    2 comments

    It’s Not Going to Be OK
    Posted on Feb 2, 2009
    By Chris Hedges
    The daily bleeding of thousands of jobs will soon turn our economic crisis into a political crisis. The street protests, strikes and riots that have rattled France, Turkey, Greece, Ukraine, Russia, Latvia, Lithuania, Bulgaria and Iceland will descend on us. It is only a matter of time. And not much time. When things start to go sour, when Barack Obama is exposed as a mortal waving a sword at a tidal wave, the United States (…)