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Economy-budget
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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Solution to The Financial Crisis: "Liquidate the banks and fire the executives"
By : Solve et Coagula - Sunday April 12, 2009
1 comment
Solution to The Financial Crisis: "Liquidate the banks and fire the executives" Recommendations of the Warren Report: by Mike Whitney Global Research, April 11, 2009 On Tuesday, a congressional panel headed by ex-Harvard law professor Elizabeth Warren released a report on Treasury Secretary Timothy Geithner’s handling of the Troubled Assets Relief Program (TARP). Warren was appointed to lead the five-member Congressional Oversight Panel (COP) in November by Senate majority leader (...)
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Global Quantitative Easing
By : Solve et Coagula - Sunday April 12, 2009
Global Quantitative Easing By: Trace Mayer, J.D. Quantitative easing appears to be the new fad among central bankers including the Bank of England, Japan, Switzerland and the Federal Reserve. Quantitative easing is a tool of monetary policy. The effect is an increase in the quantity of currency without regard to maintaining its quality. CANADIAN QUANTITATIVE EASING Bloomberg has reported that the Bank of Canada Governor ”Carney has pledged to lay out a plan that would flood banks (...)
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Moscow’s stock market once again No. 1
By : Solve et Coagula - Saturday April 11, 2009
Moscow’s stock market once again No. 1 By Andreas Männicke Saturday 11 April 2009 100% chance is Eastern Europe. Fulminant bullish on the stock market Ostbörsen. BRIC is again an issue. Japan’s mega-cyclical program. Oil price at year high. Gold breaks a default preference values. Strong profit likely. Totgeglaubte live longer: The RTS index, one of the many stock market barometer of the Russian stock market rose on 8 April on USD basis to 6.62% at 810.3 index points. (...)
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Economic Crisis: No End In Sight
By : Solve et Coagula - Friday April 10, 2009
Economic Crisis: No End In Sight Worse than the Great Depression by Mike Whitney Global Research, April 9, 2009 It’s been 21 months since two Bear Stearns hedge funds defaulted setting off a series of events which have led to the gravest economic crisis since the Great Depression. No one expected the financial meltdown to hit this hard or spread this fast. The failure at Bear triggered a freeze in the secondary market where mortgage loans are repackaged into securities and sold to (...)
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China’s Proposal for a Super-sovereign Reserve Currency System
By : Solve et Coagula - Friday April 10, 2009
China’s Proposal for a Super-sovereign Reserve Currency System Reform the International Monetary System by Zhou Xiaochuan Global Research, April 9, 2009 People’s Bank of China Proposal of the Governor of the People’s Bank of China presented to the G20 Meetings The outbreak of the current crisis and its spillover in the world have confronted us with a long-existing but still unanswered question,i.e., what kind of international reserve currency do we need to secure (...)
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Video: Ex-Rep. Gilchrest: Pressure Groups Have “a Hold on Congress!”
By : William Hughes - Tuesday April 7, 2009
On April 7, 2009, a public hearing on the “True Costs and Benefits of US Military Aid to the Middle East, 1980-2010),” was held on Capitol Hill, in Washington, D.C., in the Rayburn House Building, room 2168. One of the speakers was ex-Rep. Wayne Gilchrest (R-MD). He said that pressure groups, on Middle East issues, have “a hold on Congress.” He mentioned “AIPAC” as one of the groups. The event was sponsored by the “Council for the National (...)
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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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Bernanke’s Financial Rescue Plan: The growing prospect of a U.S. default
By : Solve et Coagula - Tuesday April 7, 2009
Bernanke’s Financial Rescue Plan: The growing prospect of a U.S. default by Mike Whitney Global Research, April 6, 2009 Fed chief Ben Bernanke has embarked on the most radical and ruinous financial rescue plan in history. According to Bloomberg News, the Fed has already lent or committed $12.8 trillion trying to stabilize the financial system after the the bursting of Wall Street’s speculative mega-bubble. Now Bernanke wants to dig an even bigger hole, by creating programs (...)
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US Consumers fall behind on loans at record rate
By : Solve et Coagula - Tuesday April 7, 2009
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. (...)
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Learn from the Argentinean crisis
By : Solve et Coagula - Tuesday April 7, 2009
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=UlDN... Part Two: http://www.youtube.com/watch?v=78dd... 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 Financial System as (...)
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Soros says U.S. banks "basically insolvent"
By : Solve et Coagula - Monday April 6, 2009
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 (...)
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US Communities print their own currency to keep cash flowing
By : Solve et Coagula - Monday April 6, 2009
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: (...)
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Deep Recession in America: The Crash of 2009, The Collapse of 2010
By : Solve et Coagula - Monday April 6, 2009
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 (...)
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The Financial War Against Iceland: Being defeated by debt is as deadly as outright military warfare
By : Solve et Coagula - Sunday April 5, 2009
The Financial War Against Iceland: Being defeated by debt is as deadly as outright military warfare by Prof Michael Hudson Global Research, April 5, 2009 Iceland is under attack – not militarily but financially. It owes more than it can pay. This threatens debtors with forfeiture of what remains of their homes and other assets. The government is being told to sell off the nation’s public domain, its natural resources and public enterprises to pay the financial gambling debts (...)
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The G-20 soap opera
By : Solve et Coagula - Sunday April 5, 2009
The G-20 soap opera By Dr.-Ing. Artur P. Schmidt Sunday, 5 April 2009 The glamor poses of pop stars of politics, especially Obama, Sarkozy and Berlusconi are the real problems of mass unemployment and the specter of the collapse of capitalism distracted. The false messiah After the leaders of the world have taken, is now the state of peace, joy, pancake. Obama embraces Europe and the Old World is to this trick Bauer enters fall. The Messiah is in Europe and all will be good if you (...)
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VIDEO: More IMF "Economic Medicine" Is Not the Solution
By : Solve et Coagula - Saturday April 4, 2009
VIDEO: More IMF "Economic Medicine" Is Not the Solution G-20 Proposals will exacerbate the Global Economic Crisis by Michel Chossudovsky http://www.globalresearch.ca/index....
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Obama’s Toxic Asset Plan: The Plan will leave the same Amount of Toxic Assets In the System
By : Solve et Coagula - Saturday April 4, 2009
1 comment
Obama’s Toxic Asset Plan: The Plan will leave the same Amount of Toxic Assets In the System, but with Taxpayers now liable for most of the Losses by Washington’s Blog Global Research, April 4, 2009 Washington’s Blog The most succinct description of what is wrong with Geithner’s PPIP toxic asset plan comes from the Financial Times: Critics say that would leave the same amount of toxic assets in the system as before, but with the government now liable for most of (...)
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Summits Come and Summits Go As The Economy Continues Its Slide
By : Solve et Coagula - Saturday April 4, 2009
Summits Come and Summits Go As The Economy Continues Its Slide After the G-20 Summit. What was Accomplished and For How Long by Danny Schechter Global Research, April 3, 2009 The eyes of the world have been on the Economic Summit in London but the ideas of the world were mostly conspicuous by their absence. Here we have a global crisis. The house is on fire. Unemployment is climbing. The real estate contagion is now claiming condos and even shopping malls. It’s bad and by most (...)
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G20 summit: US and Europe paper over divisions
By : Solve et Coagula - Saturday April 4, 2009
G20 summit: US and Europe paper over divisions by Chris Marsden and Bill Van Auken Global Research, April 3, 2009 World Socialist Web Site The G20 summit concluded Thursday having failed to adopt the principal demands of either the US and Britain, which came to the London gathering advocating coordinated global fiscal stimulus, or a European bloc led by Germany and France, which called for international regulation of major financial institutions. Instead, the two sides papered over (...)
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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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