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October 27, 2008

Oct 27 09:42

You can run... but can you hide?

We are the CCTV capital of the world and more data is being held on us than ever before, with our phones, our computers, our bankcards and even our cars busily giving away information about where we go and what we do.

The government gathers more data on us than anyone else and has big plans to collect even more.

The Home Office has drawn up plans for the creation of a single central database containing details, though not the content, of every e-mail, text and mobile phone call made in the UK and of every web page browsed.

Oct 27 09:37

Most Major Papers Continue Circ Decline

For those holding out for some improvement in print circulation, this morning brings disappointment. The Audit Bureau of Circulations released the latest figures for the six- month period ending September 2008 and the report shows major drops in circulation at the big metros.

According to ABC for the 507 newspapers reporting in this period, daily circulation slipped 4.6% to 38,165,848 copies. For the 571 papers, Sunday dropped 4.8% to 43,631,646 copies.

For comparison purposes, in September 2007 reporting period, daily circ fell 2.6% and Sunday was down 4.6%.

Oct 27 09:33

Some voters 'purged' from voter rolls

College senior Kyla Berry was looking forward to voting in her first presidential election, even carrying her voter registration card in her wallet.

"Vote suppression is real. It does sometimes happen," said Daniel P. Tokaji, a law professor at Ohio State University.

But about two weeks ago, Berry got disturbing news from local election officials.

Oct 27 09:31

Cancer cure in a sponge? Institute tests synthetic version of substance

A sponge that lives in the ocean depths off Florida's coastline holds a compound that might fight pancreatic and colon cancers.



Emigrate While You Still Can - Finca Bayano In Panama!

Finco Bayano
Oct 27 09:20

Bush "exhibit number one for the danger of having a nut job in the oval office"

The judgment of history may well be that the United States has been "taken into, and kept in, the Iraq War by a guy who is not quite right in his head," a distinguished legal scholar says.

"It may take 25 or 50 years, but it is almost certain that one day this character will be exhibit number one for the danger of having a nut job in the oval office," says Lawrence Velvel, dean of the Massachusetts School of Law at Andover.

Oct 27 09:12

WORST CASE SCENARIO FOR THE WORLD – A McCAIN WIN IN THE U.S. AND A NETANYAHU WIN IN ISRAEL.

But the most terrifying aspect of a McCain win in the US and a Netanyahu win in Israel is the very much enhanced likelihood of a final confrontation with Iran and the fallout, literally and metaphorically, that such a confrontation will have for the Middle East and the world. Netanyahu has in the past hinted at a ‘nuclear strike on Iran’. And, of course, who can forget McCain’s policy of ‘Bomb, bomb, bombing Iran’.

Oct 27 09:11

Bretton Woods II. The Final Solution ?

On November 15th the Group of the 20 largest economic nations will sit down at the National Building Museum in Washington.This marks a momentous event as world leaders come together and try and come up with a solution to the current Global Financial Meltdown.The really interesting aspect about this one will be exactly what each will be bringing to the table.

Oct 27 09:09

Bailout money being used to boost bonuses

"Year-end pay on Wall Street will be higher than it would have been had it not been for the government and mergers," says Alan Johnson, a leading compensation consultant. "You would expect it to be down much more."

Johnson predicts the average managing director at an investment bank, a title typically earned around eight years on the job, will receive a bonus of $625,000.


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Mgid
Oct 27 09:06

Europe on the brink of currency crisis meltdown

The financial crisis spreading like wildfire across the former Soviet bloc threatens to set off a second and more dangerous banking crisis in Western Europe, tipping the whole Continent into a fully-fledged economic slump.

Currency pegs are being tested to destruction on the fringes of Europe’s monetary union in a traumatic upheaval that recalls the collapse of the Exchange Rate Mechanism in 1992.

“This is the biggest currency crisis the world has ever seen,” said Neil Mellor, a strategist at Bank of New York Mellon.

Oct 27 07:38

Farm-Credit Squeeze May Cut Crops, Spur Food Crisis

The credit crunch is compounding a profit squeeze for farmers that may curb global harvests and worsen a food crisis for developing countries.

Oct 27 00:57

Meet the World's New Reserve Currency: The Chinese Yuan

By Mike Whitney

October 26, 2008

Oct 26 22:13

Gold Runs Out In Germany

Risk-averse Germans are turning to gold in troubled times - but there’s none left.

German gold dealers say demand has skyrocketed this past week to 10 times normal so no more orders can be taken for the foreseeable future.


Oct 26 21:45

Larry Silverstein, WTC 7, and the 9/11 Demolition

"It's blowin' boy." ... "Keep your eye on that building, it'll be coming down soon." ... "The building is about to blow up, move it back." ... "Here we are walking back. There's a building, about to blow up..."

Oct 26 19:48

Many Aussies Unable To Withdraw Cash

Tens of thousands of Australians, many of them retirees, are now unable to get immediate access to their capital after AXA Asia Pacific, Perpetual Investment Management and Australian Unity suspended withdrawals from some funds.

Oct 26 14:04

The academics....

The academics....
Don Robertson

The author of this article, Gary Leupp is a Professor of History, and Adjunct Professor of Comparative Religion at Tufts University, and author of numerous works on Japanese history. His email is gleupp(-at-)granite(-dot-)tufts(-dot-)edu

I quote Gary from the dissidentvoice.org article here:

Oct 26 12:52

Paulson's Plan, And The Suckers Who Bought It

Folks, this bailout money isn't about loosening credit for consumers or businesses, but consolidating wealth and power in fewer and fewer banking hands. That's great business for the banking elites, but lousy business for the US taxpayer. And it's all being orchestrated by one of their own, in the shape of Hank Paulson, ably assisted by Neel Kashkari, another ex-Goldman Sachs employee (with, according to the US Treasury, expertise in mergers and acquisitions -- what a surprise), and now responsible for administering the banking handouts.


Oct 26 12:34

The Gun Control Genocide Chart

The message is simple: Disarmed people are neither free nor safe - they become the criminals' prey and the tyrants' playthings. When the civilians are defenseless and their government goes bad, however, thousands and millions of innocents die.

Oct 26 11:35

Does the Fed actually want foreclosures to keep on growing ?

"Nationwide, 261,255 homeowners received at least one foreclosure-related filing in May, up 48 percent from the same month last year, and up 7 percent from April" Realtytrac.com.

The figures above reflect a truly miserable situation in the everyday life of Americans. Before the property is actually foreclosed upon, the utilities would probably been off for 3 months or so. No light, no heat no water.This is the reality that the Fed is ignoring as it hands out money hands over fist to the very organisations that caused this untenable situation.

Oct 26 10:26

U.S. Dollar Currency Collapse Within 30 Days

My reaction: I am certain the US is less than a month away from a currency collapse. The fed and treasury are not even taking the time to think at this point: they are just throwing money and guarantees at each new problem that pops up without worrying about the consequence. Since no one can imagine a currency collapse, there isn't the political will to take the painful steps needed to prevent it (reign in fed and let institutions fail). The forces and trends behind the financial collapse are too powerful to stop.

Oct 26 09:59

Sunspots an omen of weather woes?

The lack of sunspots this year has some scientists wondering if this could be an indicator that much colder weather is on the way.

They argue it could be the start of an extended period of solar indolence that would more than counter the effect of human-produced carbon dioxide emissions.

From the middle of the 17th century to the early 18th century, which is known as the Little Ice Age, sunspots were very rare and this reduced activity is believed by some to be related to the lower temperatures which occurred then.


Oct 26 09:36

New Worm Exploits Microsoft Bug

Only two days after Microsoft released the patch, security researchers identified a new worm named Gimmiv, which exploited the vulnerability in the RPC service.

Moreover, on Friday, a sample of the code hackers could use to further take advantage of the bug was posted on the Internet, on the Milw0rm.com hacker site.

Oct 26 09:19

The Flight to the Dollar. Why and for how long ?

The flight of capital to the dollar has been churning along at breakneck speed over the last week, taking down other currencies with the sole exception of the Japanese Yen. Investors are running home to Mama while waiting to start the Musical chairs again next week and hoping to find one when the music stops.

Oct 26 08:29

Alaska's Anchorage Daily News Endorses Obama

Gov. Palin's nomination clearly alters the landscape for Alaskans as we survey this race for the presidency -- but it does not overwhelm all other judgment. The election, after all is said and done, is not about Sarah Palin, and our sober view is that her running mate, Sen. John McCain, is the wrong choice for president at this critical time for our nation.

Oct 26 07:19

Iraq Asked Us to leave. Now, can our troops come home, Joe?

Back in May of 2007, President Bush said that if Iraq asked the United States to leave, we would leave. Well, yesterday, Iraq did just that, they asked us to set a timetable to leave Iraq. Will Joe Knollenberg and his Republican colleagues in the U.S. House help us do what President Bush pledged to do in 2007? I don't think so, do you?

===

If there is one thing Americans should do to the SHrUB to end his reign of terror, it's to get their dogs of war out of Iraq.

Haven't enough people been murdered "in the name of American freedom"?


Oct 26 07:16

Powell: US would leave if Iraq requests

U.S.-led coalition forces would leave Iraq if a new interim government should ask them to, Secretary of State Colin Powell said Friday, but such a request is unlikely.

===

That was in 2004. How many times has the Iraqi government not only asked but TOLD the US insurgent terrorist troops leave?

Isn't it time the American people show some human decency by calling off their dogs of war?

Oct 26 06:52

This election has gone to the dogs

A picture is worth a thousand words

Oct 26 05:58

Final Text of Iraq Pact Reveals a U.S. Debacle

The final draft of the U.S.-Iraq Status of Forces agreement on the U.S. military presence represents an even more crushing defeat for the policy of the George W. Bush administration than previously thought, the final text reveals.

The final draft, dated Oct. 13, not only imposes unambiguous deadlines for withdrawal of U.S. combat troops by 2011 but makes it extremely unlikely that a U.S. non-combat presence will be allowed to remain in Iraq for training and support purposes beyond the 2011 deadline for withdrawal of all U.S. combat forces.

October 25, 2008

Oct 25 18:54

Sorry, Senator. Let's Salvage What We Can.

There are many ways to lose a presidential election. John McCain is losing in a way that threatens to take the entire Republican Party down with him.



Owl 1
Oct 25 16:55

HORROR 'ABUSE' BY COPS

A gang of rogue cops clobbered a Brooklyn man they saw smoking a joint, then sodomized him with a walkie-talkie antenna during a broad-daylight attack in a subway station, law-enforcement sources and the victim's lawyer said yesterday.

The alleged attack, reminiscent of the 1997 police assault on Abner Louima, put Michael Mineo, 24, in Brookdale Hospital for four days.

Oct 25 16:30

Report: Bush to declare renewal of ties with Iran

Several American media outlets reported on Saturday that President George Bush is likely to announce after next month's presidential elections that he intends to restore the diplomatic relations with Iran, almost 30 years after they were suspended.

Oct 25 16:23

Georgia Plans To Hand-Copy 10,000 Flawed Absentee Votes Onto New Ballots

This onerous process is both costly and laden with potential mistakes or outright fraud. It begs for a simple and obvious solution — hand count the ballots instead of transferring the votes. It can only be assumed that state law prohibits a hand count. However, there must be some emergency exceptions available to avoid the ridiculous solution of hand-copying votes to the equally ridiculous problem of a poorly conceived ballot.

Oct 25 08:55

‘John McCain was never tortured in my jail’, says Tran Trong Duyet

Mr Lua’s account of that day – along with Vietnamese accounts of the five and a half years that Mr McCain spent as a prisoner of war – differ significantly from the presidential candidate’s own record. Mr Lua speaks of quickly getting Mr McCain to the safety of a police station (now the aerobics studio) before any harm was done. Mr McCain writes of mob attacks on his shoulder, ankle and groin with rifle-butt and bayonet.


Oct 25 08:50

Increasing Arctic Ice Is What We Don't Hear

Last summer a headline from the Christian Science Monitor read: "Arctic Sea Ice Melting Faster Than Expected". The first line of the article sounded the environmental alarm.

It said: "Arctic Ocean sea ice, one of the most visible indicators for global warming, may be headed for another recordbreaking summer decline." There were similar articles concerning a connection between global warming and melting Arctic sea ice in many other magazines and newspapers at the time.

Oct 25 08:36

Palin calls elected leader a dictator, AP ignores error

Sarah Palin this week mistakenly called a democratically-elected president of a foreign state a dictator. In response, Hugo Chavez, who was in 2006 re-elected by a convincing 60% of voters, evoked Jesus, remarking, “Forgive her, for she knows not what she says.”.

So now you know the story: Chavez is not a dictator, he’s the popularly-elected leader of Venezuala. Palin didn’t know even this most basic fact about Venezuala, and yet felt qualified to threaten that country with sanctions.

Oct 25 06:46

U.S. Soldiers - Recieve Letters To Quit NWO Army

This Pete Hegseth lunatic actually believes 1) we are in Iraq fighting for “freedom” and 2) we are winning that war.


Oct 25 06:00

From the Foggy Din of Fear Emerges a Vast Swelling Continent of Economic Truth

Dollar and Yen Soar as Other Currencies Fall and Stocks Slip

WASHINGTON — Fear that the financial crisis is infecting once-healthy economies created another white-knuckle day for investors Friday, causing stocks to tumble from Tokyo to New York.

Uncertainty also roiled currency markets as investors continued to turn to the security of the United States dollar and the Japanese yen and drove down currencies of developing countries like Brazil, Ukraine and South Korea and even of developed countries like Britain.

Oct 25 05:07

GE to tap into Fed funding facility

General Electric Co., the largest issuer of commercial paper, will tap into a new Federal Reserve program aimed at stabilizing the wobbly $1.5 trillion market for short-term debt used by businesses for daily expenses.

Oct 25 05:02

Pension Benefit Guaranty Corp loses $4 bln, seeks to reassure retirees

Miller, a California Democrat, said he was "not sold" on the agency's "game plan" adopted in February which calls for boosting long-term returns by sinking nearly half of its investments in equities.

Millard said he was concerned about economic and market turmoil and PBGC would take a "slow and deliberate" approach to the new investment policy.

Oct 25 04:53

Georgia's Alpha Bank & Trust Seized as U.S. Closings Rise to 16

Alpha Bank & Trust in Alpharetta, Georgia, with $346 million in deposits, was seized by regulators and closed as the collapse of the housing market and loan defaults claimed a 16th U.S. bank this year.



Lockerdome
Oct 25 04:36

Diving off the USS America

In these days of rapid changes in the Political paradigm, it's becoming obvious that the U.S. has overestimated the confidence it expects from the rest of the world. The fragmentation had already begun but is now accelerating as each country realizes the damage that faith in Uncle Sam's integrity, both financial and moral, can unleash

October 24, 2008

Oct 24 21:51

Couple gets $9.5 million parking ticket

A suburban Chicago couple received a $9.5 million parking ticket for leaving their car in downtown Glencoe, Ill., for more than two hours.

Barbara and Lee Mitchell say the ticket explained they were entitled to a hearing on the matter or could plead guilty and simply pay the fine, The Glencoe News reports.

If they chose to forgo a hearing, the instructions advised them "do not send cash."

Deputy Chief Mike Volling of the Glencoe Police Department said he's at a loss to explain the ticket.

"Obviously somebody messed up when it was entered into the computer." He said.

Oct 24 19:49

ES&S Touch-Screen Votes Now Flipping in TX Too! Obama/DNC Attorneys Still AWOL!

This is just getting worse and worse. Now it's happening in Texas. (And in MO, if you read to the end of the article). And the vaunted "thousands of attorneys" from the Obama campaign and the DNC are still nowhere to be found.

Oct 24 19:45

'B'-grade hoax reveals the GOP's inner race-baiter

Fox exec John Moody has it precisely right: the "Obama fan attacked McCain worker" hoax in fact does "forever link" the McCain campaign to race-baiting.

However, it's not just McCain. The entire Republican Party this year has been revealed as the Party of Racial Fear. Nor is it anything new: Republicans for years have tried to make hay off of racially incendiary cases that turn out to tell us more about the motives and worldviews of the torch-bearing mob than anything they might be chanting.

Pam Spaulding nails it:


Oct 24 19:31

Abu Nidal, notorious Palestinian mercenary, 'was a US spy'

Iraqi secret police believed that the notorious Palestinian assassin Abu Nidal was working for the Americans as well as Egypt and Kuwait when they interrogated him in Baghdad only months before the Anglo-American invasion of Iraq.

Hitherto secret documents which are now in the hands of The Independent – written by Saddam Hussein's brutal security services for Saddam's eyes only – state that he had been "colluding" with the Americans and, with the help of the Egyptians and Kuwaitis, was trying to find evidence linking Saddam and al-Qa'ida.

Oct 24 19:16

"His GPS told him to drive straight ahead and he did"

A Polish driver who was too sure of his GPS road navigation device ended up neck-deep in a lake after ignoring road signs warning of a dead-end ahead, Polish police said overnight.

"The man took a road that was closed a year ago when the area was flooded to make an artificial lake serving as a water reservoir - he ignored three road signs warning of a dead-end," police spokesman in Glubczyce, Piotr Smolen, said.

Oct 24 18:13

Joe the Brother [Video]

Crash and burn, a bad day in the McCain camp.

McCain's brother apologizes for calling 911
http://www.baltimoresun.com/news/nation/politics/bal-brother1024,0,593...

Oct 24 11:50

Iraqis have money but lack know-how in spending it

BAGHDAD – Iraq's government has an unusual money problem as much of the world grapples with a credit crunch — it can't spend its oil riches fast enough.

The U.S. is trying to change that by training Iraqi bureaucrats struggling to emerge from a centralized system in which nearly all decisions — from where to build a water treatment plant to which workers would do the job — came from the top.

Money also was scarce for more than a decade after the U.N. Security Council imposed sanctions to punish Saddam Hussein's regime for the 1990 invasion of Kuwait.

Oct 24 11:14

Arms for the Poor

Those poor kids at the Pentagon. They receive more funding than the rest of the world's military establishments combined, but it's just not enough. Pentagon officials have prepared a new defense spending estimate—one they plan to spring on us just before young Mr. Bush exits stage right—that projects a requirement for $450 billion more over the next five years than previously announced.

Oct 24 10:55

The Gang of Thieves Called Government

The government does not in any accurate sense "represent" the majority of the people.[1] But, even if it did, even if 70 percent of the people decided to murder the remaining 30 percent, this would still be murder and would not be voluntary suicide on the part of the slaughtered minority.[2] No organicist metaphor, no irrelevant bromide that "we are all part of one another," must be permitted to obscure this basic fact.

Oct 24 09:23

S&P slashes NY Times rating to junk

Standard & Poor’s slashed its rating on the New York Times Company by three notches to junk on Thursday after the publisher reported fresh impairment charges, a quarterly underlying loss and a review of its dividend policy.

The decline in print advertising revenues that has dogged US newspapers accelerated in the third quarter as the economy worsened, said Janet Robinson, chief executive. Visibility about future advertising bookings was “limited”, she added.


Oct 24 09:13

Study: Sequoia e-voting machines disturbingly easy to hack

The Princeton University Center for Information Technology Policy has published a report disclosing security vulnerabilities that researchers have detected in Sequoia's AVC Advantage voting machine. According to the researchers, the machine can be completely compromised by replacing a single ROM chip—a task that they were able to complete in only seven minutes.

Oct 24 09:06

Labor's web gag 'worse than Iran'

The Federal Government is attempting to silence critics of its controversial plan to censor the internet, which experts say will break the internet while doing little to stop people from accessing illegal material such as child pornography.

Internet providers and the government's own tests have found that presently available filters are not capable of adequately distinguishing between legal and illegal content and can degrade internet speeds by up to 86 per cent.

Oct 24 08:48

U.S. Stocks Slide After Rout Overseas

“There’s a lot of panic out there today,” Scott Fullman, a strategist at WJB Capital Group in New York, told The Associated Press. “People have been saying that we’re in a recession. This is the realization.”

Oct 24 07:53

Recession looms as economy shrinks sharply

The British economy shrank by far more than expected in the third quarter of the year which, barring a miraculous bounce in the current three months, means it is in recession for the first time since the early 1990s.

The news pushed the FTSE 100 index of leading shares down by 9% at one point - one of the biggest falls it has ever suffered. Sterling took a pounding on the foreign exchanges, falling to just $1.54 nearly a quarter below its summer value.


Oct 24 07:49

Black turnout is strong in early voting in South

Democrats are outvoting the GOP by a margin of 2.5-to-1 in North Carolina, where early voting has been under way for a week. That's roughly double the margin from 2004.

Oct 24 07:43

GOP SEES CHANCE OF STEALING ELECTION SLIPPING AWAY

"We are running out of smear ideas and ideas for voter suppression," said Karl Rove. "What we are the most afraid of, is that the next president of the United States will actually be a man who, I shudder to think of this, a man who actually won the election."

Oct 24 07:04

Mail warns financial institutions of "payback"

Threatening letters containing a suspicious white powder mailed to three U.S. financial institutions warn "it's payback time," according to a text released by the FBI on Thursday.

More than 50 letters, with identical or similar threatening language, were sent to Chase Bank offices, the Federal Deposit Insurance Corporation (FDIC) and the U.S. Office of Thrift Supervision, the FBI said.

October 23, 2008

Oct 23 18:41

Photo Of Mugged McCain Supporter

Strangely the 'mugger' wrote the B backwards....as if done in a mirror?

WEBMASTER ADDITION: This is supposedly done with a knife by a man who beat and kicked her? He seems to have gone out of his way not to leave any permanent damage. The original news story described the woman as "maimed."

Oct 23 15:24

Merril Lynch encourages drop in Oil Output to keep prices high.

Analysts with Merril Lynch and research house Sanford C. Bernstein said OPEC would need to make an additional cut of 1m barrels a day in order to keep supply and demand in balance as demand slows in 2009

Oct 23 15:18

Dumb and Dumber

Nicholas Sarkozy is now blaming the Irish Prime Minister, Brian Cowen, for igniting a bank deal crisis.
I am Irish and think that the Irish Government plan was about as stupid as you could possibly get but, when Nicholas Sarkozy stands up and pretends to be the bastion of Economic Sagesse, well excuse me, I gotta have my say as this galls me.

Oct 23 14:01

They Did It On Purpose: The Housing Bubble & Its Crash were Engineered by the US Government, the Fed & Wall Street

During the Clinton administration, the government required the financial industry to start expanding the frequency of mortgage loans to consumers who might not have qualified in the past.

When George W. Bush was named president by the Supreme Court in December 2000, the stock market had begun to decline with the bursting of the dot.com bubble.

In 2001 the frequency of White House visits by Alan Greenspan increased.

Greenspan endorsed President Bush’s March 2001 tax cuts for the rich. More such cuts took place in May 2003.


Oct 23 13:43

Final Text of Iraq Pact Reveals a US Debacle

The final draft of the US-Iraq Status of Forces agreement on the US military presence represents an even more crushing defeat for the policy of the George W. Bush administration than previously thought, the final text reveals.

The final draft, dated Oct. 13, not only imposes unambiguous deadlines for withdrawal of US combat troops by 2011 but makes it extremely unlikely that a US non-combat presence will be allowed to remain in Iraq for training and support purposes beyond the 2011 deadline for withdrawal of all US combat forces.

Oct 23 12:15

The CHEKA comes again.

The CHEKA comes again.
the_big_wedding

A potentiality that no one has thought of in the blogosphere is the growing possibility that the state of Israel will fail. I'm sure there are those in Israel and here who have thought out this possibility.

Oct 23 10:21

Cops Fears For His Life, Shoots Dog

According to the report, the owner claimed that the sheriff's department's position was that the dog was trying to attack the police officer. However, when the dog owner's revealed that the shooting had been caught on tape, the government's story changed and she was offered money to keep quiet and not show the video. Thankfully she did not comply.



Pixfuture
Oct 23 08:50

Forget Joe the Plumber: Study says most corporations pay no U.S. income taxes

The Government Accountability Office said 72 percent of all foreign corporations and about 57 percent of U.S. companies doing business in the United States paid no federal income taxes for at least one year between 1998 and 2005....During that time corporate sales in the United States totaled $2.5 trillion

Oct 23 07:59

Greenspan: 'Credit tsunami' to have severe impact

Former Federal Reserve Chairman Alan Greenspan told Congress in prepared testimony Thursday that the current global financial crisis is a "once in a century credit tsunami" that policymakers did not anticipate.

BULLSHIT

If they read this site they would have known it was coming.

Oct 23 05:23

Bell Labs, sadly, is refocusing to concentrate on near-term problems rather than basic research.

For those who question the virtues of basic science, and ignoring the benefits of the existential quest for understanding of our world, one of those Nobels was for the invention of the transistor, the basic element that has made modern electronics possible. If the Labs had produced nothing else, that one new idea would justify their 83 year history.

Others feel differently. August 28 was the end of their basic research efforts. Their focus will now be on technologies promising short-term results that can be turned into products.

Oct 23 03:37

Maybe U.S. needs yard sale Russia could buy back Alaska or perhaps Canada could pick up sunny Florida

At the end of Second World War the British Empire still ruled nearly a quarter of the globe. But the war bankrupted Britain. Its once mighty empire quickly collapsed and the United States inherited much of the British Imperium.

Six decades later the United States is close to bankruptcy thanks to a national orgy of borrowing, the replacement of manufacturing by financial manipulation, ruinous foreign wars and a government whose stunning incompetence and arrant stupidity was exceeded only by its reckless imperial arrogance.


Oct 23 03:35

Bank Losses Q3 What will Wall St do now ?

This is the week when the Banks step out from behind the curtain and lay it all bare and it's not a pretty picture at all. But, it never was going to be anyway.

Oct 23 00:47

Warren Buffett, Government Propagandist

Buffett is doing the government's dirty work in trying to calm the fears of the masses.

October 22, 2008

Oct 22 22:57

CSPAN TO AIR PRESIDENTIAL DEBATE LIVE! 10/23/08

Free and Equal is pleased to announce that CSPAN will be covering tomorrow night's debate LIVE from 9:00pm to 10:30 EST. Constitution Party candidate Chuck Baldwin and Independent candidate Ralph Nader have confirmed their participation

Oct 22 22:33

Getting ugly in Minnesota

6 Minn. politicians' homes vandalized



Owl 3
Oct 22 22:19

World Leaders To Hold Summit At Bretton Woods?

In 1944, the hotel was the site of a post World War II conference on an international financial system. The World Bank and International Monetary Fund were the result.

Oct 22 21:06

A lot of ruin in a nation

What has happened in the U.S. is that the Fed created new money starting in 1997. This led to the dot-com boom. People spent money to create businesses they thought would be huge hits. They thought there was lots of new money to build businesses and later buy the products. There wasn't. Same thing in 2003. It was very cheap to borrow money and build houses. The homebuilders did very well. Unfortunately, they were building them for people who hadn't really saved, and couldn't really afford them.

Oct 22 20:56

The Myth that Laissez Faire Is Responsible for Our Financial Crisis

The ability of the media to ignore all of the massive government interference that exists today and to characterize our present economic system as one of laissez-faire and economic freedom marks it as, if not profoundly dishonest, then as nothing less than delusional.

Oct 22 20:45

Take this hockey stick and shove it Goremongers

Global temperatures have been dropping since 2005.



Taboola
Oct 22 19:39

Who Voted Yes to the Bailout

Vote NO! For Those Who Voted Yes to the Bailout
Your Voters Guide for the Next Four Years

Oct 22 15:24

Azerbaijan diverts EU oil, gas to Russia and Iran after Georgian crisis

Azerbaijan is planning to divert its oil and natural gas export routes to Europe with increasing shipments to Russia and Iran, a move possible to raise concerns in the West.

Oct 22 15:20

Attack on Iran off the table?

On Sept. 23, the neo-conservative chiefs of the Washington Post’s editorial page mourned, in a tone much like what one hears on the death of a close friend, that “a military strike by the United States or Israel [on Iran is not] likely in the coming months.”

Oct 22 15:16

Israel Gets Real on Iran

Washington On the eve of his departure from political life, outgoing Israeli Prime Minister Ehud Olmert delivered a stinging parting shot – putting under question not only the wisdom of holding on to Palestinian land, but also the feasibility of an Israeli military strike against Iran’s nuclear facilities.

Oct 22 15:09

The Derivatives Tornado

Assets = 9.301 Trillion Dollars

Derivatives = 172.175 Trillion Dollars

Pop Quiz: how many of the banks above have gone Pop ? Who's next ?

Oct 22 13:27

The War Party Embraces Obama... Justin Raimondo

In the midst of a softball interview with Georgian President Mikheil Saakashvili, New York Times reporter Deborah Solomon hurls this zinger:

"For all your lofty talk about democracy, last November you shut down the opposition television station in Tbilisi."

To the oily Saakashvili, however, this is water off a duck's back:

"The interference with Imedi TV was an exception, not a rule. This action was taken during mass riots when Imedi TV started to incite overthrow of the democratically elected government. It should be noted that the government did pay damages."

Oct 22 11:13

Moved by a Crescent

By MAUREEN DOWD
Published: October 21, 2008

Oct 22 10:43

FBI Uses InfraGard to Train Private Citizens to Cooperate with Government, Potentially Enforce Martial Law

InfraGard

Twenty-three thousand executives and employees of various private firms work with the FBI and the Department of Homeland Security. The group, called InfraGard, receives secret warnings of terrorist threats well in advance of public notification, and sometimes before elected officials. In return, InfraGard provides information to the government. InfraGard is a quiet quasi-governmental entity which wields an unknown, but extensive, amount of power and influence.

Oct 22 09:13

How Inflation Works: Why I Can’t Buy an Old Ferrari

PAUL CRAIG ROBERTS
Counterpunch
Wednesday, Oct 22, 2008

Anyone who has been alive very long is aware that the US government has failed on the inflation front. Soft drink machines that once delivered a bottled drink for a nickel now charge a dollar, a twenty-fold increase in price.

Oct 22 09:00

The Enforcement Arm of the Robber State

As the economy collapses, credit lines become constricted, and tax revenues are choked off, we can expect local representatives of the parasite class (commonly called "government") to become perversely creative in finding new ways to extract money from productive people. For parasites looking to feast on the wealth of others, the liberty-devouring fraud called the War on Drugs offers a particularly rich menu of possibilities.

Oct 22 08:43

What Went Wrong in the Capitalist Casino?

"THE great inter-war slumps were not acts of God or of blind forces. They were the sure and certain result of the concentration of too much economic power in the hands of too few men. These men had only learned how to act in the interest of their own bureaucratically-run private monopolies which may be likened to totalitarian oligarchies within our democratic state, They had and they felt no responsibility to the nation."

Oct 22 07:37

MarketWatch: Wall Street's 'Disaster Capitalism for Dummies'

Finally, the coup de grace: Along came the housing-credit crisis, as planned. Press and public saw a negative, a crisis. Disaster capitalists saw a huge opportunity. Yes, opportunity for big bucks and control of America. Millions of homeowners and marginal banks suffered huge losses. Taxpayers stuck with trillions in debt. But giant banks emerge intact, stronger, with virtual control over government and the power to use taxpayers' funds. They're laughing at us idiots!

Oct 22 06:01

India launches 1st unmanned moon mission

As India's economy has boomed in recent years, it has sought to convert its newfound wealth — built on the nation's high-tech sector — into political and military clout. It is hoping that the moon mission — coming just months after finalizing a deal with the United States that recognizes India as a nuclear power — will further enhance its status.

READ ABOUT IT HERE

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While US political hacks fight to see who can steal the most from the ignorant citizens ...

Oct 22 05:53

Paulson vows action on crisis as earnings stagger

Wachovia Corp., which is being bought by Wells Fargo for about $14 billion in stock, said Wednesday it lost $23.89 billion in the third quarter. It earned $1.62 billion in the same quarter a year ago. Airplane maker Boeing reported its earnings slumped 38 percent as a strike halted production of commercial jets.

Tech companies are taking a hit, too, as the economy slows and spending by consumers and businesses drops. Yahoo is slashing 1,500 jobs while it braces for a deep downturn likely to extend well into 2009.

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Oct 22 03:15

How the US Treasury is like Caesar’s wife

Since the onset of the financial crisis, the assets and liabilities of the US banking system have increasingly been consolidated onto the balance sheets of the Federal Reserve and the US Treasury.

Oct 22 03:08

The Realignment of Power

We are all standing dumbstruck in front of a Giant Onion whose layers are being peeled away one at a time. With each layer exposed, the reality dawns brighter and we are beginning to discover real meaning behind current events.

Oct 22 00:00

Powell Warns of Crisis "We Don't Even Know About Right Now"

"The problems will always be there and there's going to be a crisis which will come along on the 21st, 22nd of January that we don't even know about right now.

October 21, 2008

Oct 21 23:58

David Gergen Explains New World Order in Confrontation

Gergen revealed that as an insider, he could predict the outcome of the current economic crisis. In response to a question about the New World Order, Gergen stated that the standard of living of the American people would fall by 40%, ushering in an era of austerity.

This plan in which he stated that the post-World War II prosperity of America was coming to an end. One must conclude that this is a coordinated plan by the governing class to restrict the resources of the planet to stunt the growth of the middle class.

Oct 21 21:20

Albright confirms Biden's "premonition"

????? Why do they feel the need to say something like this when they know it can only hurt their candidate's position?

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Kooch

Check out my politically-charged rock band, ThE Gitmos, at:
http://www.myspace.com/thegitmos

Oct 21 15:30

Daily Show Visits Wasilla- Must See!!

Jason Jones Talks with locals and current Mayor of Wasilla on her very important duties ROFL!!

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