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Economy-budget
Bank Mafia rules the world
By : Solve et Coagula - Thursday August 20, 2009
Bank Mafia rules the world By Dr.-Ing. Artur P. Schmidt Thursday, 20 August 2009 Like the Italian Mafia, the Wall Street bankers and intelligent networks are now the prime example of organized crime. They move their customers over the table and go after the taxpayers, if you are on the wrong color at the roulette table set. Financial oligopolies In 2008, the global financial system completely collapsed. What we were experiencing were nonsensical socialist bailout the few financial (...)
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China’s Miracle Economy: Have the Chinese Become the World’s Greatest Capitalists?
By : Solve et Coagula - Thursday August 20, 2009
1 comment
China’s Miracle Economy: Have the Chinese Become the World’s Greatest Capitalists? Ellen Brown: Author, "Web of Debt" August 17, 2009 I don’t care if it’s a white cat or a black cat. It’s a good cat so long as it catches mice." — Deng Xiaoping, who opened China to foreign investment after 1978 China is being called a "miracle economy." It seems to have decoupled from the rest of the world, preserving an 8% growth rate while the rest of the world sinks (...)
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Coming Soon: A Global Central Bank, Global Currency & World Government
By : Solve et Coagula - Wednesday August 19, 2009
Coming Soon: A Global Central Bank, Global Currency & World Government BY ANDREW MARSHALL Following the 2009 G20 summit, plans were announced for implementing the creation of a new global currency to replace the US dollar’s role as the world reserve currency. Point 19 of the communiqué released by the G20 at the end of the Summit stated, “We have agreed to support a general SDR allocation which will inject $250 billion into the world economy and increase global (...)
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Icelanders march against Icesave deal
By : Iceland - Tuesday August 18, 2009
2 comments
Icelanders march against Icesave deal Published: 14 August 2009 16:27 | Changed: 14 August 2009 17:19 By our news staff About 3,000 Icelanders took to the streets on Thursday to protest against a proposal to repay the losses sustained by Dutch and British investors in the Icesave bankruptcy. The legislative proposal has been stuck in the Icelandic parliament for months, where it is being blocked by a majority of members of parliament. The Icesave law is a promise to repay the (...)
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Permanently Unemployed
By : Daveparts - Friday August 14, 2009
By David Glenn Cox I have come to the conclusion that I am permanently unemployed; after almost two years of non-stop hunting I don’t admit defeat but only the inevitable. Meanwhile, the mainstream media are doing all that they can do to convince you that the economy is doing much better and that prosperity is just around the corner. They proudly boast, “First time jobless claims down lowest since April!” Down from 558,000 first-time claims last week to 554,000 (...)
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Collapse in the Wake of the Fed’s Wall Street Bubble?
By : Solve et Coagula - Thursday August 13, 2009
1 comment
Collapse in the Wake of the Fed’s Wall Street Bubble? Market Review by Bob Chapman Global Research, August 13, 2009 The International Forecaster “History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and it’s issuance.” James Madison The Fed’s Wall Street bubble, as we forecast in January, will need at least $2 trillion more in 2010, (...)
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Latin America : Social Movements in Times of Economic Crises
By : Solve et Coagula - Wednesday August 12, 2009
1 comment
by Prof. James Petras Global Research, August 12, 2009 The most striking aspect of the prolonged and deepening world recession/depression is the relative and absolute passivity of the working and middle class in the face of massive job losses, big cuts in wages, health care and pension payments and mounting housing foreclosures. Never in the history of the 20-21st Century has an economic crisis caused so much loss to so many workers, employees, small businesses, farmers and professionals (...)
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This is No Recession: It’s a Planned Demolition
By : Solve et Coagula - Wednesday August 12, 2009
This is No Recession: It’s a Planned Demolition by Mike Whitney Global Research, August 12, 2009 Infowars Credit is not flowing. In fact, credit is contracting. That means things aren’t getting better; they’re getting worse. When credit contracts in a consumer-driven economy, bad things happen. Business investment drops, unemployment soars, earnings plunge, and GDP shrinks. The Fed has spent more than a trillion dollars trying to get consumers to start borrowing again, (...)
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Entering the Greatest Depression in History: More Bubbles Waiting to Burst
By : Solve et Coagula - Saturday August 8, 2009
by Andrew Gavin Marshall, Global Research, August 7, 2009 Introduction While there is much talk of a recovery on the horizon, commentators are forgetting some crucial aspects of the financial crisis. The crisis is not simply composed of one bubble, the housing real estate bubble, which has already burst. The crisis has many bubbles, all of which dwarf the housing bubble burst of 2008. Indicators show that the next possible burst is the commercial real estate bubble. However, the main (...)
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Bankrupt US Financial System: The Bubble Bursts and the Economy goes into a Tailspin
By : Solve et Coagula - Saturday August 8, 2009
by Mike Whitney, Global Research, August 8, 2009 The World needs a breather from the US. And they’ll get it sooner than many think We’re making this way too complicated. It’s simple really. The Fed has only one tool at its disposal; to create more money. Typically, the way the Fed adds to the money supply is by lowering interest rates. When the Fed lowers rates below the rate of inflation; they’re basically selling dollars for under a buck. That’s a good (...)
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THE CRASH OF 2009: A WASTED OPPORTUNITY
By : Jack Random - Wednesday August 5, 2009
JAZZMAN CHRONICLES. DISSEMINATE FREELY. It was the Great Depression that made the New Deal possible. Without it we would be a different nation. We may never have passed Social Security or Medicare. We may never have built the highways and bridges that are a legacy of public works. We might never have ensured the right to organized labor or passed legislation to protect workers and secure unemployment benefits. We may never have established regulatory limits on the size and conduct of (...)
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The Great American Bubble Machine
By : Solve et Coagula - Tuesday August 4, 2009
by Matt Taibbi Global Research, August 4, 2009 Rollingstone.com From tech stocks to high gas prices, Goldman Sachs has engineered every major market manipulation since the Great Depression - and they’re about to do it again The first thing you need to know about Goldman Sachs is that it’s everywhere. The world’s most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells (...)
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Bring on the £4bn bonuses: Fat cat bankers rack up massive profits despite bringing economy to its knees
Monday August 3, 2009
Bankers are set to pocket a record £4billion in bonuses after surprise profits. Barclays and HSBC posted pre-tax profits of almost £6billion combined today with Lloyds Banking Group and Royal Bank of Scotland also set to reveal their figures later this week. Thousands of City executives will again receive mammoth payouts despite the banking sector taking the economy to the brink of collapse last year. It is a major embarrassment to Alistair Darling and City minister Lord Myners who had (...)
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The Chinese Come Calling
By : Solve et Coagula - Wednesday July 29, 2009
The Chinese Come Calling Posted on Jul 28, 2009 By Robert Scheer What a hoot. The Chinese Communists invaded Washington on Monday demanding not that we sacrifice our freedoms but rather that we balance our budget. Creditors get to make that kind of call. And the Marxists of Beijing, who have turned out to be the world’s most prudent bankers, are worried about their assets invested in our banana republic. “China has a huge amount of investment in the United States, mainly in (...)
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RED INK!
By : BenAMarine - Sunday July 19, 2009
2 comments
http://benamarine.blogspot.com/2009... China invented printing.
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CALIFORNIA DREAMIN’: HOW THE STATE CAN BEAT ITS BUDGET WOES
By : Solve et Coagula - Saturday July 11, 2009
CALIFORNIA DREAMIN’: HOW THE STATE CAN BEAT ITS BUDGET WOES Ellen Brown, July 8th, 2009 “As goes California,” says the adage, “so goes the nation.” All eyes are therefore on the Golden State as it attempts to solve its $26 billion budget deficit. The world’s eighth largest economy is not going quietly into that pit of debt and devastation that has devoured Third World countries whole. The State’s voters have drawn a line in the sand against (...)
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Global systemic crisis in summer 2009: The cumulative impact of three « rogue waves »
By : Solve et Coagula - Saturday July 11, 2009
Public announcement Special Summer 2009 GEAB N°36 (June 17, 2009) Three rogue waves by H-J Fandrich for LEAP/E2020 As anticipated by LEAP/E2020 as early as October 2008, on the eve of summer 2009, the question of the US and UK capacity to finance their unbridled public deficits has become the central question of international debates, thus paving the way for these two countries to default on their debt by the end of this summer. At this stage of the global systemic crisis’ process (...)
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Medvedev Shows Off Sample Coin of New ‘World Currency’ at G-8
By : Solve et Coagula - Friday July 10, 2009
By Lyubov Pronina July 10 (Bloomberg) — Russian President Dmitry Medvedev illustrated his call for a supranational currency to replace the dollar by pulling from his pocket a sample coin of a “united future world currency.” “Here it is,” Medvedev told reporters today in L’Aquila, Italy, after a summit of the Group of Eight nations. “You can see it and touch it.” The coin (), which bears the words “unity in diversity,” was minted (...)
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Obama’s Cap and Trade Carbon Emissions Bill - A Stealth Scheme to License Pollution and Fraud
By : Solve et Coagula - Friday July 10, 2009
by Stephen Lendman On May 15, HR 2454: American Clean Energy and Security Act of 2009 (ACESA) was introduced in the House purportedly "To create clean energy jobs, achieve energy independence, reduce global warming pollution and transition to a clean energy economy." In fact, it’s to let corporate polluters reap huge windfall profits by charging consumers more for energy and fuel as well as create a new bubble through carbon trading derivatives speculation. It does nothing to (...)
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The U.S. stock market again before a crash?
By : Solve et Coagula - Friday July 10, 2009
The U.S. stock market again before a crash? F. William Engdahl Since the beginning of this year the U.S. stock market experienced its strongest increase since 1938. Encouraged by this development is hardly noticed changes in the book stop Tung’s guidelines for banks, massive accounting tricks the banks, and the whole supported and encouraged by a hypocritical media hype of economic policy spokesman for the Obama government. Insider stock selling at record levels, and get out. This (...)
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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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