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Economy-budget
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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America’s Dollar Denominated "Toilet Paper"
By : Solve et Coagula - Thursday December 18, 2008
America’s Dollar Denominated "Toilet Paper" How to Deflate the US Superpower and Restore Economic Sovereignty by Matthias Chang Global Research, December 17, 2008 FutureFastForward.com It Is So Stupid To Borrow US Dollar "Toilet Papers" For Trade Finance. There Can Be Only A Credit Crunch For Dollars If You Are Stupid Enough To Want To Be Paid And To Pay In Dollars. Otherwise, There Is Only An Illusion Of A Global Credit Crunch. This Is The Global Con Game By Bernanke, Paulson,. (...)
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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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PETITION - "We will not pay for your crisis !". For a European social movement
By : Sud étudiant - Tuesday December 16, 2008
PETITION - "We will not pay for your crisis !". For a European social movement « We will not pay for your crisis !! « We will not pay for your crisis » is the slogan that has been echoing in all Italy for more than a month now. The wave of protests is spreading and more than 300 000 demonstrators on November 14th have taken up the slogan that across the borders shout at our political leaders. They are thousands of students, teachers and parents, who are thinking and acting for another (...)
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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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Monopoly Men (Federal Reserve Fraud) Must see Video!!!
By : Solve et Coagula - Friday December 12, 2008
Monopoly Men (Federal Reserve Fraud) Must see Video!!! The Federal Reserve, or the Fed as it is lovingly called, may be one of the most mysterious entities in modern American government. Created during Wilson’s presidency to protect the economy in times of financial turmoil, its real business remains to be discovered. During the Wilson presidency, the U.S. government sanctions the creation of the Federal Reserve. Thought by many to be a government organization maintained to provide (...)
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Capitalist Fools
By : Solve et Coagula - Friday December 12, 2008
Capitalist Fools by Prof. Joseph E. Stiglitz Global Research, December 11, 2008 Vanity Fair Behind the debate over remaking U.S. financial policy will be a debate over who’s to blame. It’s crucial to get the history right, writes a Nobel-laureate economist, identifying five key mistakes—under Reagan, Clinton, and Bush II—and one national delusion. There will come a moment when the most urgent threats posed by the credit crisis have eased and the larger task (...)
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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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The Monster Factory
By : Daveparts - Thursday December 11, 2008
The Monster Factory By David Glenn Cox “True they have tried, but their efforts have been cast in the pattern of an outworn tradition. Faced by failure of credit they have proposed only the lending of more money. Stripped of the lure of profit by which to induce our people to follow their false leadership, they have resorted to exhortations, pleading tearfully for restored confidence. They know only the rules of a generation of self-seekers. They have no vision, and when there is no (...)
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Depression 2009: What would it look like?
By : Solve et Coagula - Sunday December 7, 2008
Depression 2009: What would it look like? by Drake Bennett Global Research, December 7, 2008 Boston Globe - 2008-11-16 Over the past few months, Americans have been hearing the word "depression" with unfamiliar and alarming regularity. The financial crisis tearing through Wall Street is routinely described as the worst since the Great Depression, and the recession into which we are sinking looks deep enough, financial commentators warn, that a few poor policy decisions could put us in a (...)
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In the Shadow of an Apocalypse
By : Daveparts - Sunday December 7, 2008
By David Glenn Cox The media has coined a new term, “The great recession.” The media loves terms like that, terms they can use to encapsulate ideas. It allows them to rationalize and generalize, and in this case, minimize. To call this the great recession is as insulting as calling a train wreck a boo boo. It ignores the pain and suffering that millions of Americans are going through with a vulgar, sugar-coated euphemism. Displaced worker is another such term; it explains the (...)
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Evolution of the Apocalypse - Empire’s Demise - Human Renaissance
By : Solve et Coagula - Saturday December 6, 2008
Evolution of the Apocalypse - Empire’s Demise - Human Renaissance by Carol Brouillet Apocalypse (Greek: Ἀποκάλυψις Apokálypsis; "lifting of the veil") is a term applied to the disclosure to certain privileged persons of something hidden from the majority of humankind. Today the term is often used to refer to the end of the world, which may be a shortening of the phrase apokalupsis eschaton, which literally means "revelation at the (...)
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Deflation: Making Sure "It" Doesn’t Happen Here. Remarks by Governor Ben S. Bernanke in 2002. Hehe
By : Solve et Coagula - Thursday December 4, 2008
Remarks by Governor Ben S. Bernanke Before the National Economists Club, Washington, D.C. November 21, 2002 Deflation: Making Sure "It" Doesn’t Happen Here Since World War II, inflation—the apparently inexorable rise in the prices of goods and services—has been the bane of central bankers. Economists of various stripes have argued that inflation is the inevitable result of (pick your favorite) the abandonment of metallic monetary standards, a lack of fiscal discipline, (...)
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Collapsing Economy? How about a computer for the depression?
By : Clarence Hummer - Wednesday December 3, 2008
2 comments
by Clarence Hummer Need proof that the economy is collapsing. Deflation of prices is a a sure sign. How about a computer for under a C-note? If you want to see what your surroundings will look like in an economic depression, consider electronic gadgets "then", in the 1930s Great Depression, and now. Back then, a radio was the must-have gadget, and makers came out with low-priced, low-performance so-called "midget" radios. Now comes a "depression era" computer or PC, the midget genre, (...)
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UN team warns of hard landing for dollar
By : Solve et Coagula - Tuesday December 2, 2008
UN team warns of hard landing for dollar By Harvey Morris in New York Published: December 1 2008 08:48 The current strength of the dollar is temporary and the US currency risks a hard landing in 2009, according to a team of United Nations economists who foresaw a year ago that a US downturn would bring the global economy to a near standstill. In their annual report on the world economy published on Monday, the economists said the dollar’s sharp rebound this autumn had been driven (...)
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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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Shopping malls are running on empty
By : Solve et Coagula - Monday December 1, 2008
Shopping malls are running on empty By Roger Vincent and David Pierson November 24, 2008 Life Plaza Center in San Gabriel used to teem with diners heading to Green Village, a Chinese restaurant in the middle of the horseshoe-shaped mall on Valley Boulevard. But after the eatery closed five months ago, the 7,500- square-foot space remained vacant. With no tenants stepping forward and fewer customers clogging the parking lot, the plaza is quiet, with a curiously dark core. It’s a (...)
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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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Collapsing the Economy in the Buildup to World War III
By : chycho - Tuesday November 25, 2008
3 comments
The following will remain the top post for the next few days. It is an update of “10 of the Most Important Economic Events of the Last 10 Years: Collapsing the Economy in the Buildup to World War III ”, which in turn was an update of “7 of the Most Important Economic Events of the Last 7 Years: Collapsing the Economy in the Buildup to World War III.” For those who have been following this series, minor updates were made to events 1 through 10 and the Implications (...)
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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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