Death of the American Empire: America is self-destructing & bringing the rest of the world down with it
By Tanya Cariina Hsu
Global Research, October 23, 2008
I believe that banking institutions are more dangerous to our liberties than standing armies. (Thomas Jefferson, US President; 1743 - 1826)
America is dying. It is self-destructing and bringing the rest of the world down with it.
Often referred to as a sub-prime mortgage collapse, this obfuscates the real reason. By (…)
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Death of the American Empire: America is self-destructing & bringing the rest of the world down with it
31 October 2008 par (Open-Publishing)
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Banks to Continue Paying Dividends
30 October 2008 par (Open-Publishing)
1 commentBy Binyamin Appelbaum
U.S. banks getting more than $163 billion from the Treasury Department for new lending are on pace to pay more than half of that sum to their shareholders, with government permission, over the next three years.
The government said it was giving banks more money so they could make more loans. Dollars paid to shareholders don’t serve that purpose, but Treasury officials say that suspending quarterly dividend payments would have deterred banks from participating in the (…) -
Video: Why the U.S. Economy is Going to Get Much Worse
29 October 2008 par (Open-Publishing)
Find out the shocking truth about who really caused the U.S. financial crisis.
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The “dirty little secret” of the US bank bailout
29 October 2008 par (Open-Publishing)
The “dirty little secret” of the US bank bailout
27 October 2008
In an unusually frank article published in Saturday’s New York Times, the newspaper’s economic columnist, Joe Nocera, reveals what he calls "the dirty little secret of the banking industry"—namely, that "it has no intention of using the [government bailout] money to make new loans."
As Nocera explains, the plan announced October 13 by Treasury Secretary Henry Paulson to hand over $250 billion in taxpayer money to the (…) -
Financial Crisis: Jean Ziegler calls "Nuremberg Trials" for bankers
28 October 2008 par (Open-Publishing)
Financial Crisis: Jean Ziegler calls "Nuremberg Trials" for bankers
Claudio Habicht
The controversial Geneva sociologist provides again for sedition. He hopes that those responsible for the crisis before an international court.
The Geneva sociologist and former SP is a member of the National Advisory Board of the UN Human Rights Council.
Actually, there should be an interview about his new book, which is the growing hatred of the Third World to the West theme. But Jean Ziegler can be (…) -
How the masters of the universe outsmarted themselves
27 October 2008 par (Open-Publishing)
How the masters of the universe outsmarted themselves Online Journal Oct 21, 2008, 10:23
How the masters of the universe outsmarted themselves, but don’t count them out yet
By Chronis Polychroniou
Online Journal Contributing WriterBy
Ralph Nader Wall Streer Protest Oct 16th Photo: Joëlle Pénochet
Even though it probably has deeper and more structural causes associated with it, perhaps due to over-accumulation, to use an old-fashioned Marxist economic term, the September-October (…) -
Democracy and militarism (Howard Zinn Interview, Oct 2008)
26 October 2008 par (Open-Publishing)
Howard Zinn: The financial and war crisis have created an opportunity for real change
Source : southendpress.org
http://internationalnews.over-blog.com/article-24129011.html -
Tony Benn: What went wrong in the capitalist casino?
22 October 2008 par (Open-Publishing)
Friday, October 17th, 2008 Rinf.com
These words are from the 1945 Labour manifesto Let Us Face The Future which brilliantly identified the very same crisis which is now described as a “credit crunch” as if it were a mere hiccup in an otherwise wonderful neo-liberal globalised world which could be corrected with a vast subsidy from the taxpayers to put the Wall Street casino and its partners worldwide back into profit.
It reminded me of the fact that when slavery was abolished it was the (…) -
The Financial Meltdown: This Time Is Different
22 October 2008 par (Open-Publishing)
By Stephen Lendman
Global Research, October 22, 2008
Whatever we know about today’s financial crisis. Think we know. Eventually will know in the fullness of time. This time is really different. In 1922, Henry Ford put it this way in his book titled "My Life and Work:"
"The (economy’s) primary functions are agriculture, manufacture, and transportation. Community life is impossible without them. They hold the world together....The great delusion is that one may change the foundation. (…) -
Wanted: a new financial order
18 October 2008 par (Open-Publishing)
Brown, Merkel, and Sarkozy propose a Bretton Woods II to be held in New York sometime after November 4.
DOUG SAUNDERS
From Saturday’s Globe and Mail October 18, 2008 at 12:05 AM EDT
BRUSSELS — A week ago, French President Nicolas Sarkozy and German Chancellor Angela Merkel found themselves strolling together through the cobble-stoned streets of Colombey-les-Deux-Églises, a tiny village in the northeast of France, where they were attending a war-memorial ceremony.
The town is known (…)