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The Bottom Line - Privatizing the World (video documentary, 52’)
By : Emily - Friday December 5, 2008
Uploaded under the policy for Fair Use, Freedom of Information & Freedom of Speech. This video material is for informational, educational and non-profit purposes only. http://internationalnews.over-blog....
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Do You Know What You Are?
By : Daveparts - Tuesday December 2, 2008
By David Glenn Cox All of us, no matter who we are or what we are, have an inner belief that we have some redeeming value in our life. Or as John Kennedy once said, “We all inhabit this small planet. We all breathe the same air. We all cherish our children’s future and we are all mortal.” I use this quote as a touchstone, a milepost, to remind me of a time when our political leadership valued us for our intrinsic human value. I was doing some research on outsourcing and (...)
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Making Smarter Cars Instead of Stupid Decisions
By : William John Cox - Monday December 1, 2008
When the Big Three CEOs recently descended on Washington in their fancy corporate jets with inflated egos and high hopes for a juicy piece of the government’s $8.6 trillion corporate welfare pie, they were sent home hungry to do their homework and to write an essay about how they plan to spend bailout funds. Undoubtedly, the executives will travel business class when they come back this week; they will each have a business plan in hand, and Congress will give them $25 billion of (...)
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CEOs “cashed out” prior to economic crisis
By : Solve et Coagula - Monday December 1, 2008
CEOs “cashed out” prior to economic crisis by Tom Eley Global Research, December 1, 2008 World Socialist Web Site - 2008-11-28 Balzac’s maxim that “behind every great fortune lies a great crime” may yet prove a fitting epitaph for American capitalism. A recent survey by the Wall Street Journal reveals that CEOs at major US financial and real estate firms converted tens of millions of dollars of overvalued stock into cash prior to the eruption of the current (...)
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Britain a Big Version of Iceland? Bankrupt Britain Trending Towards Hyper-Inflation?
By : Solve et Coagula - Sunday November 30, 2008
Britain a Big Version of Iceland? Bankrupt Britain Trending Towards Hyper-Inflation? by Nadeem Walayat Global Research, November 30, 2008 Market Oracle - 2008-11-28 The mainstream media is increasingly full of stories of either Britain going bankrupt or the coming deflation associated with the recession. Whilst both are now obvious given the economic data and government actions however what is missing from the headlines is that under the weight of the exploding public sector debt (...)
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The System Implodes: The 10 Worst Corporations of 2008
By : Solve et Coagula - Saturday November 29, 2008
The System Implodes: The 10 Worst Corporations of 2008 by Robert Weissman AIG Cargill Chevron CNPC Constellation Energy Dole General Electric Imperial Sugar Philip Morris Int’l. Roche 2008 marks the 20th anniversary of Multinational Monitor’s annual list of the 10 Worst Corporations of the year. In the 20 years that we’ve published our annual list, we’ve covered corporate villains, scoundrels, criminals and miscreants. We’ve reported on some really bad (...)
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Global Crisis. International Trade in Potential Jeopardy: Shipping continues it’s Downward Plunge
By : Solve et Coagula - Saturday November 29, 2008
Global Crisis. International Trade in Potential Jeopardy: Shipping continues it’s Downward Plunge. Denial of Letters of Credit by Andy Hughes Global Research, November 28, 2008 The Baltic Dry Index continues to lower as the demand for raw materials continues to drop to unseen levels. "Capesize Vessels" weigh from 175,000 tons to 400,000 tons and count as some of the largest craft in the World. They typically carry raw materials such as Iron ore, Steel, Coal and other raw (...)
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Financial Meltdown: You Ain’t Seen Nothing Yet
By : Solve et Coagula - Tuesday November 25, 2008
Financial Meltdown: You Ain’t Seen Nothing Yet by Mike Whitney Global Research, November 25, 2008 "The problems we face today cannot be solved by the minds that created them" Albert Einstein Obama hasn’t even been sworn in yet, and already the Wall Street cheerleaders are celebrating his first great triumph. According the pundits, the stock market staged a surprise 494 point rally on Friday because—get this—it was announced that Timothy Geithner would be (...)
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The Ten Worst Corporations of 2008
By : Solve et Coagula - Monday November 24, 2008
1 comment
The Ten Worst Corporations of 2008 by Robert Weissman Global Research, November 24, 2008 Multinational Monitor The financial meltdown and economic crisis illustrated that corporations will destroy even themselves in search of profit. 2008 marks the 20th anniversary of Multinational Monitor’s annual list of the 10 Worst Corporations of the year. In the 20 years that we’ve published our annual list, we’ve covered corporate villains, scoundrels, criminals and (...)
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World Demand collapsing
By : Solve et Coagula - Saturday November 22, 2008
World Demand collapsing World economic demand is now collapsing along with the yearlong credit collapse. Recent news is full of stories about how world economic demand fell off a cliff in October, 08. Every sector is being hit, from new cars to recycled cardboard. In each case, October is pointed to where economic demand fell off a cliff… Cars with nowhere to go in Long Beach harbor, California. Japanese ones! NYTimes.com “The ships keep coming, but there’s nowhere for (...)
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Warren Buffets Berkshire’s Credit Risk Soars on $37 Billion Bet
By : Solve et Coagula - Wednesday November 19, 2008
Warren Buffets Berkshire’s Credit Risk Soars on $37 Billion Bet (Update2) By Erik Holm and Shannon D. Harrington Nov. 18 (Bloomberg) — The cost of protecting against default by Warren Buffett’s AAA rated Berkshire Hathaway Inc. has almost tripled in two months, a sign of just how skittish investors have become amid the global financial crisis. The cost to protect against Berkshire being unable to meet its debt payments, based on credit-default swaps, is more than four (...)
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It’s Only America Bleeding
By : Daveparts - Tuesday November 18, 2008
It’s Only America Bleeding By David Glenn Cox To what do I owe the pleasure of this company? What is owed to me and to what account do I owe by the nature of my birth? Solemn allegiance and my blood poured out on foreign fields for the honor and glory of brass buttons and medal-resplendent generals? A promise? A dream? A promise is a note for some other time, and a dream was never real in the first place. So open up the envelope and find what you’ve won: (...)
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Canadian financial swindle is just as absurd as that of the US: Canadian and US Bank Bailouts Equivalent
By : chycho - Monday November 17, 2008
Let’s do some simple mathematics to put things into perspective. The United States has a population of 303,824,640 and the Emergency Economic Stabilization Act of 2008, commonly referred to as the $700 billion bailout of the US financial system, means that approximately $2,304 per capita will be donated to banking institutions, or should I say, be given to private banks so that they can maintain their stranglehold on citizens of the United States. Canada has a population of (...)
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The End
By : Michael Lewis - Sunday November 16, 2008
The era that defined Wall Street is finally, officially over. Michael Lewis, who chronicled its excess in Liar’s Poker, returns to his old haunt to figure out what went wrong. To this day, the willingness of a Wall Street investment bank to pay me hundreds of thousands of dollars to dispense investment advice to grownups remains a mystery to me. I was 24 years old, with no experience of, or particular interest in, guessing which stocks and bonds would rise and which would fall. The (...)
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Wrong Again
By : Daveparts - Sunday November 16, 2008
2 comments
By David Glenn Cox “Here’s what the American people need to know: that the United States government is acting; we will continue to act to resolve this crisis and restore stability to our markets. We are a prosperous nation with immense resources and a wide range of tools at our disposal. We’re using these tools aggressively.” (George W. Bush) Or, this won’t hurt, the check is in the mail and I won’t..., well, I think you get the idea. We are not a (...)
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Wall St falls amid fresh concerns over toxic assets
By : Solve et Coagula - Thursday November 13, 2008
Wall St falls amid fresh concerns over toxic assets By Alistair Gray in New York Published: November 12 2008 13:55 | Last updated: November 12 2008 21:43 Wall Street stocks neared fresh five-year lows on Wednesday after the US Treasury’s backtrack over toxic mortgage assets renewed investor concerns over authorities’ ability to deal effectively with the financial crisis. Several financial stocks hit new bottoms and the sector sank 6.9 per cent overall after Hank Paulson, (...)
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AIG: We Need More Money (AIG already spent 122 B in 2 month)
By : Solve et Coagula - Sunday November 9, 2008
AIG: We Need More Money (AIG already spent 122 B in 2 month) AIG in talks with Fed over new bail-out By Francesco Guerrera in New York Published: November 8 2008 00:36 | Last updated: November 8 2008 00:36 AIG is asking the US government for a new bail-out less than two months after the Federal Reserve came to the rescue of the stricken insurer with an $85bn loan, according to people close to the situation. AIG’s executives were on Friday night locked in negotiations with the (...)
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The Black Swan: Quotes & Warnings that the Imbeciles Chose to Ignore (+ videos)
By : Solve et Coagula - Monday November 3, 2008
Nassim Nicholas Taleb: The Black Swan: The Impact of the Highly Improbable (April 2007) For the last 12 years, I have been telling anyone who would listen to me that we are taking huge risks and massive exposure to rare events. I isolated some areas in which people make bogus claims —epistemologically unsound. The Black Swan is a philosophy book (epistemology, philosophy of history & philosophy of science), but I used banks as a particularly worrisome case of epistemic arrogance (...)
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Time To Bunker Down - Global Panic Spreads
By : Solve et Coagula - Sunday November 2, 2008
1 comment
Joe Average November 2008 The largest debt bubble in the history of mankind is on the verge of deflating and collapsing as world leaders and central bankers fly around the globe to one crisis meeting after another. No sooner is one panic quelled or some hasty band-aid fix slapped into place to stop a financial collapse, then another breaks out somewhere else. The bad news just keeps on coming; ICELAND...Bankrupt...Oct.2008 nationalises banks; turns to International Monetary Fund for (...)
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Bush administration denies funding for FBI probe of mortgage mess
By : Seattle Post-Intelligencer - Saturday November 1, 2008
1 comment
The Bush administration is rejecting FBI pleas for more agents to investigate crimes that helped trigger the global financial meltdown, bureau sources said this week. Many more agents needed, official says Friday, October 31, 2008 Last updated 2:54 p.m. PT By PAUL SHUKOVSKY AND DANIEL LATHROP P-I REPORTERS "They are bogged down big-time or there would be some indictments by now," said a recently retired bureau official who played a pivotal role in setting FBI policy after 9/ 11. The (...)
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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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