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US company turns plastic waste into oil
By : Solve et Coagula - Wednesday April 15, 2009
US company turns plastic waste into oil Could lead to 20 per cent cut in crude oil demand Posted by Aharon Etengoff at 05:48 AM GMT on Mar 18, 2009 OREGON-BASED Agri-Plas has managed to successfully convert discarded agricultural plastic into crude oil. The company recently delivered its first full tanker (8,200 gallons) of oil to a Washington state refinery for further processing. "This technology allows us to continually reuse petroleum-based products over and over again," Dari (...)
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The imbecility of financial markets
By : Solve et Coagula - Tuesday April 14, 2009
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: (...)
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Cooperation or Competition?
By : Solve et Coagula - Monday April 13, 2009
Cooperation or Competition? Major economic crises had in the past, the outbreak of war encouraged, or at least they were usually preceded. It is not clear whether the war was followed by the crisis to the incompetence of those responsible, and deflect the anger of the victim to steer to the outside, or whether the crisis of the leaders was staged, with the war to make their political ideas forward. If the former, the opinion is widespread, the latter seems to me on closer inspection, the (...)
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The Money Masters - How International Bankers Gained Control of America
By : Solve et Coagula - Tuesday April 7, 2009
http://video.google.com/videoplay?d...
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Did the ECB Save COMEX from Gold Default?
By : Solve et Coagula - Thursday April 2, 2009
Did the ECB Save COMEX from Gold Default? April 02, 2009 On Tuesday morning, gold derivatives dealers, who had sold short in the face of a fast rising gold price, faced a serious predicament. Some 27,000 + contracts, representing about 15% of the April COMEX gold futures contracts remained open. Technically, short sellers are required to give “notice” of delivery to long buyers. However, in reality, buyers are the ones who control the amount of gold to be delivered. They (...)
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What Now, America?
By : Solve et Coagula - Thursday April 2, 2009
2 comments
What Now, America? Jill Ettinger Like most Americans, I’ve been consumed with news about the circus our financial system has become, realizing this is probably just the first act of a much bigger show. And like many, I’ll admit my extremely limited knowledge of Wall Street dealings was never much of a concern to me. Yes, I’ve read Matt Taibbi’s enlightening piece in Rolling Stone (April 2009 issue) and Jake DeSantis’ resignation letter to AIG reprinted in the (...)
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Money in Crisis
By : Solve et Coagula - Sunday March 29, 2009
Money in Crisis by Lionel Trilling Historical changes, involving unparalleled speed, scale and complexity, are reshaping our money system. Banks and financial services, under pressure from the cyber-economy, are transforming dramatically. Market innovations, such as Open Finance, make it more difficult than ever for regulators to define what a bank even is, or what money is theirs to manage. New players are vying for power and influence, both in our societies and in our monetary systems. (...)
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The Fall of the Towers of Wall Street
By : gijoe - Wednesday March 25, 2009
Capitalism From the Standpoint of Its Victims by M. SHAHID ALAM It has never been easy offering a critique of capitalism or markets to my undergraduate students. Most have never heard an unkind word about these bedrock institutions, which they know to be the foundations of American power and prosperity.. http://www.counterpunch.org/shahid0...
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What is technocapitalism ?
By : Solve et Coagula - Thursday March 19, 2009
What is technocapitalism ? Technocapitalism is a new form of market capitalism that is rooted in technological invention and innovation. It can be considered an emerging era, now in its early stage, that is supported by such intangibles as creativity and knowledge. Intangibles are at the core of technocapitalism. Creativity and knowledge are to technocapitalism what tangible raw materials, factory labor and capital were to industrial capitalism. During industrial capitalism, tangible (...)
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Steps to Financial Cataclysm Paved with Industry Dollars
By : wallstreetwatch.org - Thursday March 19, 2009
$5 BILLION IN POLITICAL CONTRIBUTIONS BOUGHT WALL STREET FREEDOM FROM REGULATION, RESTRAINT, REPORT FINDS Steps to Financial Cataclysm Paved with Industry Dollars March 4 - The financial sector invested more than $5 billion in political influence purchasing in Washington over the past decade, with as many as 3,000 lobbyists winning deregulation and other policy decisions that led directly to the current financial collapse, according to a 231-page report issued today by Essential (...)
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Whats a C.D.O. (Collateralized dept obligation)?
By : Solve et Coagula - Tuesday March 17, 2009
Whats a C.D.O. (Collateralized dept obligation)? Wall Street giants like Citigroup and Merrill Lynch have been severely shaken by their losses on an arcane innovation in finance: collateralized dept obligations, or C.D.O.’s. Worldwide, there is more than $1.3 trillion invested in C.D.O.’s. Residential mortgage-backed securities, or R.M.B.S., make up 56 percent of the assets in C.D.O.’s. So the slump in housing has had a huge ripple effect on these investments. (...)
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G20 - the possible end of world independence
By : Solve et Coagula - Saturday March 14, 2009
G20 - the possible end of world independence Citibank and JP Morgan have been profitable in the first two months of 2009. The markets are recovering and the banking sector is leading the rally. The worst is over – or is it? Are there hidden reasons for the manipulation of the markets by whispers and insider information in order to change the psychology of the people, especially the members of the G20 for their meeting in April? Is that behind all of the urgent telephone calls and (...)
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It Goes Uppity Up,Up
By : Daveparts - Thursday March 12, 2009
By David Glenn Cox http://theservantsofpilate.com The last pillar of faith is a fanatical belief. Despite all logic, is this reliance on some unseen guiding force that will rescue us. It will strike down schoolteachers with illness so that we may have another day to study before the big test. It guides rescuers to find the lost. The rescued give praise, all praise above while the rescuers just scratch their heads. As the investment banks and brokerage houses advertise their strict (...)
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Why Stock Markets are Collapsing
By : chycho - Wednesday March 11, 2009
The stock market began as a means for companies to raise money and for “shareholders to invest in business ventures and get a share of profits.” At some point, it turned into a casino resembling a Ponzi scheme, which held true until 2008 when the Ponzi scheme collapsed. The causes for this collapse are diverse. Some of its aspects and repercussions have already been discussed here, and will be discussed further in the future. If you would like to know how far the markets have (...)
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Panic Selling Crashes Stocks Through False Bottom
By : Rick Gagliano - Thursday February 19, 2009
Yesterday’s manipulated close above the false bottom at Dow 7552 could not hold, not even for a day, in the wake of unprecedented government handouts and institutional selling that nearly brought the major stock indices to their knees in the final hours of Thursday’s session. The Dow Jones Industrials finished the day at their lowest level since October 9, 2002, prior, even to the start of the Iraq War. The best the government interlopers (through their proxies at Goldman (...)
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US hires advisers, Rothschild firm, on auto restructuring
By : Solve et Coagula - Sunday February 8, 2009
US hires advisers, Rothschild firm, on auto restructuring by Jui Chakravorty and David Bailey Global Research, February 8, 2009 Financial Times - 2009-02-05 The US government has retained two law firms with extensive bankruptcy experience and the investment bank Rothschild to advise officials on the taxpayer-backed restructuring of General Motors and Chrysler, a person with direct knowledge of the work said. New York law firm Cadwalader, Wickersham & Taft LLP was hired by the US (...)
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Swiss Re tanking: After three Billion Swiss Franc investment the Warren Buffet effect failed to appear
By : Solve et Coagula - Thursday February 5, 2009
Swiss Re Insurance: After three Billion Swiss Franc investment the Warren Buffet effect failed to appear, Swiss Re shares continue to drop sharply The legendary investor in the world increases the Swiss reinsurer - and it broke the Swiss Re’s shares for an international drama today. It will not be everything to gold, what Buffett touches. continue to read: http://translate.google.com/transla...
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America Faces the Music in Davos
By : Solve et Coagula - Wednesday February 4, 2009
By William Pfaff The American participants in this year’s World Economic Forum in Davos, Switzerland, have been the first to confront the full international blowback to the U.S.-created world economic crisis. The crisis has devastated America’s reputation for intellectual innovation and practice in global finance, its business leadership and its domination of applied and academic economics—all promoted at the Davos forum for decades. Last Friday, a Wall Street Journal (...)
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The Obama Crossroads: Neo-Liberal Coup or Responsible Government
By : Solve et Coagula - Monday February 2, 2009
The Obama Crossroads: Neo-Liberal Coup or Responsible Government by Prof. John McMurtry Global Research, February 1, 2009 When the U.S. Treasury gave away $700 billion to Wall Street banks with no strings attached in October of 2008, the Obama team gave a green light. A popular insurgence was soon silenced, with public wrath directed instead at the U.S. auto producers (and unions) who followed with a request for $25 billion. The auto companies ended up with a loan of about 1/50th the (...)
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Worse than the Great Depression
By : Solve et Coagula - Sunday February 1, 2009
Worse than the Great Depression by Dr. Krassimir Petrov Global Research, February 1, 2009 GoldSeek.com The mainstream media and Wall Street have reached the consensus that the current credit crisis is the worst since the post-war period. George Soros’ statement that ”the world faces the worst finance crisis since WWII” epitomizes the collective wisdom. The crisis is currently the ultimate scapegoat for all the economic evils that currently plague the global financial (...)
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DAZIBAO
I, European citizen, won’t let refugees be rejected in my name
Thursday 10 March
©Olivier Jobard/Myop I, European citizen, won’t let refugees be rejected in my name THE RIGHT TO ASYLUM IS A RIGHT In the phrase « right to asylum », every word matters. Under the law, every person who is persecuted because of his or her political opinions or because of his or her identity, every person that is endangered by violence, war or misery has a RIGHT to seek asylum in another country The aim of this petition is to collect (...)
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Neo-Nazis and far-right protesters in Ukraine 3 live-stream
Friday 24 January
2 comments
The far-right in Ukraine are acting as the vanguard of a protest movement that is being reported as pro-democracy. The situation on the ground is not as simple as pro-EU and trade versus pro-Putin and Russian hegemony in the region. When US Senator John McCain dined with Ukraine’s opposition leaders in December, he shared a table and later a stage with the leader of the extreme far-right Svoboda party Oleh Tyahnybok. This is Oleh Tyahnybok, he has claimed a "Moscow-Jewish mafia" (...)
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Hugo Chavez is dead (video live)
Wednesday 6 March
by : Collective BELLACIAO
1 comment
President Hugo Chavez companeros venezueliano died after a long battle with cancer.
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International initiative to stop the war in Syria Yes to democracy, no to foreign intervention!
Thursday 13 December
Your support here: http://www.peaceinsyria.org/support.php We, the undersigned, who are part of an international civil society increasingly worried about the awful bloodshed of the Syrian people, are supporting a political initiative based on the results of a fact-finding mission which some of our colleagues undertook to Beirut and Damascus in September 2012. This initiative consists in calling for a delegation of highranking personalities and public figures to go to Syria in order to (...)
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THE KU KLUX KLAN ONCE AGAIN CONTROLS INDIANA
Monday 12 November
by : David R. Hoffman, Legal Editor of Pravda.Ru
7 comments
At first glance, the results of America’s 2012 election appear to be a triumph for social, racial, and economic justice and progress in the United States: California voters passed a proposition requiring the rich to shoulder their fair share of the tax burden; Two states, Colorado and Washington, legalized the recreational use of marijuana, while Massachusetts approved the use of marijuana for medical purposes; Washington and two other states, Maine and Maryland, legalized same-sex (...)
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I’VE DECIDED TO "WASTE" MY VOTE
Sunday 28 October
by : David R. Hoffman, Legal Editor of Pravda.Ru
In a 2004 episode of Comedy Central’s animated series South Park, an election was held to determine whether the new mascot for the town’s elementary school would be a “giant douche” or a “turd sandwich.” Confronted with these two equally unpalatable choices, one child, Stan Marsh, refused to vote at all, which resulted in his ostracization and subsequent banishment from the town. Although this satirical vulgarity was intended as a commentary on the two (...)
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HIGHER EDUCATION IN AMERICA: DREAM OR NIGHTMARE? PART IV
Friday 28 September
by : David R. Hoffman, Legal Editor of Pravda.Ru
PART I PART II PART III If there is one major inconsistency in life, it is that young people who know little more than family, friends and school are suddenly, at the age of eighteen, supposed to decide what they want to do for the rest of their lives. Unfortunately, because of their limited life experiences, the illusions they have about certain occupations do not always comport to the realities. I discovered this the first time I went to college. About a year into my studies, I (...)
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HIGHER EDUCATION IN AMERICA: DREAM OR NIGHTMARE? PART III
Friday 28 September
by : David R. Hoffman, Legal Editor of Pravda.Ru
PART I PART II PART IV Disillusioned with the machinations of so-called “traditional” colleges, I became an adjunct instructor at several “for-profit” colleges. Thanks largely to the power and pervasiveness of the Internet, “for-profit” colleges (hereinafter for-profits) have become a growing phenomenon in America. They have also been the subject of much political debate and the focus of a Frontline special entitled College Inc. Unlike traditional (...)
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HIGHER EDUCATION IN AMERICA: DREAM OR NIGHTMARE? PART II
Friday 28 September
by : David R. Hoffman, Legal Editor of Pravda.Ru
PART I PART III PART IV Several years ago, a young lady came into the college where I was teaching to inquire about a full-time instructor’s position in the sociology department. She was advised that only adjunct positions were available. Her response was, “No thanks. Once an adjunct, always an adjunct.” Her words still echo in my mind. Even as colleges and universities raise their tuition costs, they are relying more and more on adjunct instructors. Adjuncts are (...)
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HIGHER EDUCATION IN AMERICA: DREAM OR NIGHTMARE? PART I
Friday 28 September
by : David R. Hoffman, Legal Editor of Pravda.Ru
PART II PART III PART IV When The Bill of Rights was added to the United States Constitution over two hundred years ago, Americans were blessed with many rights considered to be “fundamental.” One conspicuously missing, however, was the right to an education. This was not surprising given the tenor of the times. America was primarily an agrarian culture, and education, especially higher education, was viewed as a privilege reserved for the children of the rich and (...)
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ONE SOLITARY LIFE, PART TWO
Monday 30 July
by : David R. Hoffman, Legal Editor of Pravda.Ru
3 comments
If there is one universal question that haunts all human beings at some point in their lives, it is, “Why do we die?” Death, after all, is the great illogic. It ultimately claims all, the rich and the poor, the mighty and the small, the good and the evil. Death also has the capability to make most human pursuits—such as the quest for wealth, fame and power—vacuous and fleeting. Given this reality, I have often wondered why so many people are still willing to (...)
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HOW MUCH CORRUPTION CAN DEMOCRACY ENDURE?
Thursday 28 June
by : David R. Hoffman, Legal Editor of Pravda.Ru
6 comments
How much corruption can a “democracy” endure before it ceases to be a democracy? If five venal, mendacious, duplicitous, amoral, biased and (dare I say it) satanic Supreme Court “justices”—John Roberts, Samuel Alito, Antonin Scalia, Clarence Thomas and Anthony Kennedy—have their way, America will soon find out. In several previous articles for Pravda.Ru, I have consistently warned how the Supreme Court’s 2010 Citizens United decision is one of the (...)
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DEMOCRACY IN THE HANDS OF IDIOTS, PART TWO
Tuesday 12 June
by : David R. Hoffman, Legal Editor of Pravda.Ru
1 comment
Imagine, if you will, that the United States government passes a law banning advertisers from sponsoring commercials on Rush Limbaugh’s radio show or Rupert Murdoch’s Fox (Faux) “News” Network. On one hand, there would be two decided advantages to this ban: The National IQ would undoubtedly increase several percentage points, and manipulative pseudo-journalists would no longer be able to appeal to the basest instincts in human nature for ratings and profit while (...)
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DEMOCRACY IN THE HANDS OF IDIOTS
Thursday 7 June
by : David R. Hoffman, Pravda.Ru Legal Editor
4 comments
LIVE, from the State that brought you Senator Joseph McCarthy, Wisconsin voters now proudly present, fresh from his recall election victory, Governor Scott Walker! At first glance, it is almost unfathomable that anyone with a modicum of intelligence would have voted to retain Scott Walker as Wisconsin’s governor. This, after all, is a man who openly declared he is trying to destroy the rights of workers through a “divide and conquer” strategy; who received 61% of the (...)
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PEOPLE WITHOUT SOULS
Tuesday 13 March
by : David R. Hoffman, Legal Editor of Pravda.Ru
2 comments
A question I’ve frequently been asked since I began writing for Pravda.Ru in 2003 is, “Why did you become disillusioned with the practice of law?” This question is understandable, particularly since, in most people’s minds, being an attorney is synonymous with wealth and political power. I’ve always been reluctant to answer this question for fear it will discourage conscientious and ethical people from pursuing careers in the legal profession—a (...)
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