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Death of the American Empire: America is self-destructing & bringing the rest of the world down with it
By : Solve et Coagula - Sunday January 25, 2009
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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Wall Street Voodoo
By : PAUL KRUGMAN - Wednesday January 21, 2009
By PAUL KRUGMAN Old-fashioned voodoo economics — the belief in tax-cut magic — has been banished from civilized discourse. The supply-side cult has shrunk to the point that it contains only cranks, charlatans, and Republicans. But recent news reports suggest that many influential people, including Federal Reserve officials, bank regulators, and, possibly, members of the incoming Obama administration, have become devotees of a new kind of voodoo: the belief that by performing (...)
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Edmund de Rothschild, Ex-NM Rothschild Chairman, Dies at Age 93
By : Solve et Coagula - Tuesday January 20, 2009
Edmund de Rothschild, Ex-NM Rothschild Chairman, Dies at Age 93 By Jacqueline Simmons and Ambereen Choudhury Jan. 20 (Bloomberg) — Edmund de Rothschild, who oversaw the family’s London-based investment bank NM Rothschild & Sons in the first half of the 1970s, has died at the age of 93. Rothschild, who became a partner at the bank in 1946 before taking over as chairman in 1970, died on Jan. 17, the bank said today. He stepped down as chairman in 1975. During the 1960s, he (...)
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Global Depression. This Doesn’t Look Good: Taiwan, Korea and China Exports Tank
By : Solve et Coagula - Tuesday January 20, 2009
These look a lot like charts of financial variables after a bubble bursts, not charts of the level of exports. That isn’t good. Looking just as the monthly data risks being misleading. There is a lot of seasonality in Taiwan’s exports. They usually dip in February. It is a short month, it often corresponds with the Chinese new year and the data isn’t seasonally adjusted. A small dip in December after the end of the Western holiday season also isn’t unusual. But such (...)
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Looming Public Debt Crisis: S&P strips Spain of its AAA credit rating
By : Solve et Coagula - Tuesday January 20, 2009
Bloomberg News Monday, January 19, 2009 MADRID: Spain’s AAA sovereign credit rating was downgraded Monday by Standard & Poor’s, the agency, as the country’s first recession in 15 years swelled the budget deficit. The rating was lowered one step to AA+, S&P said in a statement from London, assigning the grade a "stable" outlook. It was S&P’s first reduction in Spain’s rating. "Current economic and financial market conditions have highlighted (...)
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The Oil Card: Global Economic Warfare in the 21st Century
By : Solve et Coagula - Wednesday January 7, 2009
The Oil Card: Global Economic Warfare in the 21st Century By James R. Norman Challenging the conventional wisdom behind oil pricing, this compact book sheds an entirely new light on the workings of "free" commodity markets and oil industry supply and demand "fundamentals." Its purpose is to look at the use of oil as an economic weapon. The book assembles a now well-documented chronology of how the US and its allies, including Saudi Arabia, pushed down oil prices dramatically in the (...)
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Money Owes No Allegiance
By : Daveparts - Tuesday January 6, 2009
By David Glenn Cox http://theservantsofpilate.com Jan. 5 (Bloomberg) — "The engines that have lifted the U.S. economy out of every recession since World War II will be of little help this time around. Inventory rebuilding, household spending, home construction and payroll growth — the forces that powered, to a greater or lesser extent, each recovery since 1945 — may remain missing for much of 2009. A glut of unsold properties may keep housing depressed, while shriveled (...)
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The End of the Financial World as We Know It
By : Solve et Coagula - Sunday January 4, 2009
Op-Ed Contributors: The End of the Financial World as We Know It By MICHAEL LEWIS and DAVID EINHORN Published: January 3, 2009 AMERICANS enter the New Year in a strange new role: financial lunatics. We’ve been viewed by the wider world with mistrust and suspicion on other matters, but on the subject of money even our harshest critics have been inclined to believe that we knew what we were doing. They watched our investment bankers and emulated them: for a long time now half the (...)
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All Right, But Just This Once.
By : Daveparts - Wednesday December 24, 2008
All Right, But Just This Once. By David Glenn Cox Years ago there was a “Far Side” cartoon with an angry lynch mob in front of an old, Western jail. The sheriff was addressing the mob, “Now you boys know that I can’t just turn him over to you without a fair trial. Well, all right, but just this once.” That pretty much covers my feelings towards Mr. Madoff. I’m all for law and order, but this admitted criminal, who used trust to defraud his victims, will (...)
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Battle of the Banks
By : BenAMarine - Monday December 22, 2008
By Rep. Dennis Kucinich (my guy, circa 2008) Once they were as gods, but the deities of the American banking system are now in ruins, plunged from their pedestals into the maw of taxpayer largesse. Congress voted to give the banks $700 billion, lifting them temporarily out of their sepulcher of debt, while revealing a deep truth about the condition of America’s financial powers: They never had the money they said they had as they constructed their debt-based monetary system which (...)
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If the Former Chairman of Nasdaq is a Crook, Who Can You Trust in America?
By : Solve et Coagula - Sunday December 21, 2008
If the Former Chairman of Nasdaq is a Crook, Who Can You Trust in America? by Nicholas von Hoffman Global Research, December 21, 2008 The Nation The news of Bernard Madoff’s $50 billion fraud has hit the investor/401(k) class as nothing else — not the fall of Lehman Brothers, not the death of Bear Stearns, nor the string of insolvency announcements of one household name after another. Madoff is the blow that did it. Lesser explosions connected with Madoff are expected. His (...)
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Ground Zero on Wall Street: Fed Funds and T-Bills Hit 0% Interest
By : Solve et Coagula - Sunday December 21, 2008
Ground Zero on Wall Street: Fed Funds and T-Bills Hit 0% Interest by Ellen Brown Global Research, December 20, 2008 webofdebt.com “I am more concerned with the return of my money than the return on my money.”– Mark Twain In the last two weeks, two federal interest rates hit all-time record lows. On December 16, the market was taken by surprise when Fed Chairman Ben Bernanke lowered the federal funds rate (the interest banks pay to borrow the reserves they need to meet (...)
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London Banker: "The market has failed, and officialdom is perpetuating that failure."
By : Solve et Coagula - Thursday December 18, 2008
1 comment
London Banker: "The market has failed, and officialdom is perpetuating that failure." By Mike Whitney December 18, 2008 "Information Clearinghouse" --- Ever since the two Bear Stearns hedge funds defaulted 17 months ago triggering a global financial crisis, the Federal Reserve has been busy putting out one fire after another. Fed chief Ben Bernanke has slashed interest rates to .25 percent, handed out billions in emergency funding to teetering insurance companies and mortgage lenders, and (...)
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China and The Financial Crisis
By : Solve et Coagula - Thursday December 18, 2008
China and The Financial Crisis by Andrew Hughes Global Research, December 17, 2008 With the waves of destruction brought about by the Global Financial Meltdown there comes a defining moment of obligatory reflection. If such disaster has been visited upon the Globe, what lessons can be learned to dismantle the mechanism that brought it about in the first place? The remedies proposed by Governments the world over are not working as every real economic indicator confirms. The eternal (...)
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Global Financial Domination: The $8.5 Trillion Chip. Obama’s Gamble - The Ultimate And Final Bet By Obama
By : Solve et Coagula - Saturday December 13, 2008
Global Financial Domination: The $8.5 Trillion Chip. Obama’s Gamble - The Ultimate And Final Bet By Obama’s Financial Handlers by Matthias Chang Global Research, December 13, 2008 FutureFastForward.com - 2008-12-12 A few weeks ago, I warned in my website that the Dow would dive below 7,000 at the earliest by end of December 2008 and at the latest by the end of the first quarter 2009. Any responsible central banker would want to control a downturn, preferably by a gradual (...)
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Under the Hammer
By : Daveparts - Saturday December 13, 2008
By David Glenn Cox Through serendipity I received a four-page, color brochure in the mail the other day. Online Auction Due To Plant Closure, 2 Day Auction of Over 700 Lots of Textile & Plant Support Equipment. I thought it odd that I should receive this in the mail, but maybe someone thought I might be in the market to open my own textile mill, or perhaps, like the outsourcing companies, they have to post the jobs locally first. Anyone out there looking to open a textile mill? I (...)
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Collapse of Pension Funds: The End of Retirement?
By : Solve et Coagula - Saturday December 13, 2008
Collapse of Pension Funds: The End of Retirement? by Shamus Cooke Global Research, December 13, 2008 Unless things change fast, human history will show that the phenomenon of “retirement” was limited to one generation. After World War II, when European and Japanese economies stood in tatters, American capitalism could fulfill “the American dream,” since there was little foreign competition to speak of. For the first time ever, workers were promised that — (...)
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Excess Debt and Deflation = Depression
By : Solve et Coagula - Friday December 12, 2008
Excess Debt and Deflation = Depression by Stephen Lendman Global Research, December 12, 2008 Irving Fisher (1867 - 1947) was perhaps the most noted economist of his day. The Concise Encyclopedia of Economics calls him "one of America’s greatest mathematical economists and one of" its clearest writers. He earned special acclaim for his work on monetary and statistical theory, policy, index numbers, econometrics, and the distinction between real and nominal interest rates. He’s (...)
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12.12.08: Understanding the Next Phase of the Global Systemic Crisis (1 hour radio show)
By : Solve et Coagula - Friday December 12, 2008
12.12.08: Understanding the Next Phase of the Global Systemic Crisis (1 hour radio show) "Understanding the Next Phase of the Global Systemic Crisis" with Director of Research for the GlobalEurope Anticipation Bulletin, Franck Biancheri. We discuss the global systemic crisis leading to a Very Great Depression in the United States. Each month, the Bulletin brings its unique analyses of the upcoming stages of the collapse of the world order created after 1945, as well as numerous strategic (...)
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USA LOSES IN AN ECONOMICS WAR AND IS NOW A DEFEATED AND CONQUERED NATION
By : Solve et Coagula - Sunday December 7, 2008
USA LOSES IN AN ECONOMICS WAR AND IS NOW A DEFEATED AND CONQUERED NATION Published 12/06/08 Thomas Heffner - Print Article E-mail - editor@economyincisis.org USA Loses In An Economics War And Is Now A Defeated and Conquered Nation with a destroyed industrial infrastructure, forced to live on imports and on credit from anyone who will offer it. Here is how it happened: Americans have been defeated in an economics war with consequences as meaningful and damaging as if having lost a (...)
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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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