contributions

Doubts over French bank’s version of multi-billion euro scam
Paris, January 26, 2008
Analysts have expressed doubts over Societe Generale’s declaration that a single rogue trader was responsible for the fraud that cost it 4.9 billion euros ($7.1 billion).
"If you know the control procedures very well, then it is possible to elude them for a few days, maybe a few weeks. But it’s hard to believe that he did this for a year," economist Elie Cohen told France-Info radio Friday.
If the (…)

Al Ahram
SIGN THE PETITION: http://www.3iii.org
Some 4.7 million Iraqi citizens — one fifth of the population — have been forcibly displaced, within and outside their country, by the US occupation and the policies of the sectarian governments it installed since the illegal invasion of Iraq in 2003. It is a human catastrophe, a national tragedy, and a destabilising factor for the region. This exodus has been labelled "the fastest growing humanitarian crisis on the planet", unprecedented (…)

Russia Was Better Prepared for Collapse than the U.S.
Dmitry Orlov Energy Bulletin January 16, 2008
Originally published: December 4, 2006
Good evening, ladies and gentlemen. I am not an expert or a scholar or an activist. I am more of an eyewitness. I watched the Soviet Union collapse, and I have tried to put my observations into a concise message. I will leave it up to you to decide just how urgent a message it is.
My talk tonight is about the lack of collapse-preparedness here in (…)

The Bush administration had been advertising the "Berlin Sanctions Summit" on Iran as a validation of their long-standing policy of seeking to isolate the Islamic Republic politically and economically in the face of Tehran’s ongoing refusal to submit to the will of the United Nations Security Council when it comes to the matter of suspending Iran’s uranium enrichment program. The diplomatic push undertaken by the United States was considerable, replete with a fabricated "confrontation" (…)

YOU SHOULD BE WARY OF THIS MARKET REBOUND
By JOHN CRUDELE
January 24, 2008 —
IT’S a miracle - two days in a row.
The stock market was going to hell again yesterday when suddenly - out of a cloud of dust and a hearty Hi-Ho Silver - someone came to the rescue.
You are going to read elsewhere that investors, at precisely 12:44 p.m. yesterday, got the urge to buy enormous amounts of equities because of some mass and simultaneous belief that stocks had gone down enough.
And (…)

2008: Full global impact phase of the Very Great US Depression Public announcement GEAB N°21 (Januray 16, 2008) -
One year ago, LEAP/E2020 anticipated that the year 2007 would mark the US entry into what our team then called “the Very Great US Depression”. At that time, the dominent spirit was overwhelmingly euphoric. The word « subprime » was still unknown among the general public and experts estimated that the US housing crisis would bear no consequences for the rest of the US economy (…)

The Electronic Intifada 21 January 2008
By Omar Barghouti
The European Union, Israel’s largest trade partner in the world, is watching by as Israel tightens its barbaric siege on Gaza, collectively punishing 1.5 million Palestinian civilians, condemning them to devastation, and visiting imminent death upon hundreds of kidney dialysis and heart patients, prematurely born babies, and all others dependent on electric power for their very survival.
By freezing fuel and electric power (…)

Protocols for Economic Collapse in America
Reposted from Anonymous Coward
And this is how the U.S. Treasury would handle an economic collapse. It’s called the 6900 series of protocols. It would start with declaring a force majeure, which would immediately be interpreted by the marketplaces as a de facto repudiation of debt. Then the SEC and the various regulatory exchanges would anticipate the market’s decline, hour by hour — when Japan’s markets opened the next day, what would happen (…)

The God of the Bible says He’s gonna judge you. It’s time to turn the tables... Seems like the more videos I make about the bible, the more I see how full of sh*t it really is.

In a snow-covered China, entire regions are without electricity and gas
The energy shortfall has reached 70 gigawatts, equal to the production of all of Great Britain. There is a shortage of coal because of the closure of many non-compliant mines and the imposition of price caps. The snow is blocking the roads and preventing fuel delivery. The cold is also impacting water and gas suppliers.
01/23/2008 14:40
Beijing (AsiaNews/Agencies) - China is facing its worst energy shortage in many (…)