Archive for February, 2009

Judge Andrew Napolitano’s Great new show called Freedom Watch airing every Wednesday from 2pm – 3pm EST. Regular freedom loving guests include Ron Paul, Peter Schiff, Lew Rockwell, etc. Read the rest of this entry »

It’s Time to Treat America’s Homeowners as Well as We’ve Been Treating Wall Street’s Bankers Read the rest of this entry »

The financial “wealth creation” game is over. Economies emerged from World War II relatively free of debt, but the 60-year global run-up has run its course. Finance capitalism is in a state of collapse, and marginal palliatives cannot revive it. The U.S. economy cannot “inflate its way out of debt,” because this would collapse the dollar and end its dreams of global empire by forcing foreign countries to go their own way. There is too little manufacturing to make the economy more “competitive,” given its high housing costs, transportation, debt and tax overhead. Read the rest of this entry »

Recent media reports on the mounting evidence of wholesale corruption in US reconstruction efforts in Iraq are symptomatic of the criminal nature of Washington’s war and occupation from their inception nearly six years ago. These crimes are continuing under the Obama administration, with no end in sight. Read the rest of this entry »

Making an appearance on the Morning Joe television show, the Rockefeller globalist Zbigniew Brzezinski said it is high time the rich who have made billions since the days of the Clinton administration help out the poor and struggling masses. Said Brzezinski: Read the rest of this entry »

The Bush/Obama bailout/stimulus plans are not going to work. Both are schemes hatched by a clique of financial insiders. The schemes will redistribute income and wealth from American taxpayers to the shyster banksters, who have destroyed American jobs, ruined the retirement plans of tens of millions of Americans, and worsened the situation of millions of people worldwide who naively trusted American financial institutions. The ongoing theft has simply been recast. Instead of using fraudulent financial instruments, the banksters are using government policy. Read the rest of this entry »

Editor’s note: The rise of the rightwing in Israel through the recent Knesset elections that was preceded by the bloody war on Gaza, that left more than 1,300 dead most of them are women and children, has aroused a lot of criticism among Palestinians. Khalid Amayreh opines about the rise of Lieberman. Read the rest of this entry »

Manufacturing and housing in the U.S. collapsed in January, government reports showed, as the Obama administration unveiled new proposals to stem what may become the worst recession in the postwar era. Read the rest of this entry »

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The gigantic bio-tech corporation Monsanto is threatening to destroy the agricultural biodiversity which has served mankind for thousands of years. Read the rest of this entry »

Jared Diamond is no doom-and-gloomer; he’s a Pulitzer Prize winning author of thoughtful, carefully researched books about the rise and fall of societies. Diamond is best known for Collapse: How Societies Choose to Fail or Succeed (http://www.amazon.com/Collapse-Soci…) and Guns, Germs, and Steel: The Fates of Human Societies (http://www.amazon.com/Guns-Germs-St…), both of which are among my top-recommended books of all time. Read the rest of this entry »

Only difference is how they spell their names Read the rest of this entry »

The US government may have to nationalize some banks on a temporary basis to fix the financial system and restore the flow of credit, Alan Greenspan, the former Federal Reserve chairman, has told the Financial Times. Read the rest of this entry »

Taiwan has tumbled into recession, suffering a record annual fall in output at the end of last year to become east Asia’s worst-performing economy. Read the rest of this entry »

The state of California was yesterday set to fire 20,000 public employees as it teetered on the brink of a total financial collapse. Read the rest of this entry »

General Motors plans to axe costs by cutting almost 50,000 jobs in return for more billion-dollar loans from the US government. Read the rest of this entry »

Alex talks with Prison Planet forum moderator and former Colorado legislative aide J.T. Coyote, who worked on a Tenth Amendment resolution in 1994 Read the rest of this entry »

The maestro was wrong.

Eight months after he predicted the worst was over and the threat of recession receding, former Federal Reserve chairman Alan Greenspan said the current global recession will “surely be the longest and deepest” since the 1930s. Read the rest of this entry »

The maestro was wrong.

Eight months after he predicted the worst was over and the threat of recession receding, former Federal Reserve chairman Alan Greenspan said the current global recession will “surely be the longest and deepest” since the 1930s. Read the rest of this entry »

European banks face an entirely new wave of losses in coming months not yet calculated in any government bank rescue aid to date. Unlike the losses of US banks which derive initially from their exposures to low-quality sub-prime real estate and other securitized lending, the problems of western European banks, most especially in Austria, Sweden and perhaps Switzerland arise from the massive volumes of loans they made during the 2002-2007 period of extreme low international interest rates to clients in eastern European countries. Read the rest of this entry »

Over half of the food produced globally is lost, wasted or discarded as a result of inefficiency in the human-managed food chain, finds a new study by the United Nations Environment Program released today. Read the rest of this entry »

A discussion about the odds of The United States Nationalizing some U.S. Banks – ABC news Read the rest of this entry »

When I returned from the war in Vietnam, I wrote a film script as an antidote to the myth that the war had been an ill-fated noble cause. The producer David Puttnam took the draft to Hollywood and offered it to the major studios, whose responses were favourable – well, almost. Each issued a report card in which the final category, “politics”, included comments such as: “This is real, but are the American people ready for it? Maybe they’ll never be.” Read the rest of this entry »

When I returned from the war in Vietnam, I wrote a film script as an antidote to the myth that the war had been an ill-fated noble cause. The producer David Puttnam took the draft to Hollywood and offered it to the major studios, whose responses were favourable – well, almost. Each issued a report card in which the final category, “politics”, included comments such as: “This is real, but are the American people ready for it? Maybe they’ll never be.” Read the rest of this entry »

After years on the brink, California is finally going out of business Read the rest of this entry »

Williams predicts hyperinflationary depression will mean a $100 dollar bill is worth less than toilet paper Read the rest of this entry »

Williams predicts hyperinflationary depression will mean a $100 dollar bill is worth less than toilet paper Read the rest of this entry »

US President Barack Obama has signed his hard-fought economic stimulus plan in Denver, after Congress approved the $787bn (£548bn) package last week. Read the rest of this entry »

With the economy spinning deeper into recession, the United States might suffer a dangerous bout of falling prices, or deflation, a Federal Reserve official warned Tuesday. Read the rest of this entry »

After a frustrating holiday weekend that failed to yield the one vote needed to end California’s budget stalemate, the state is poised to begin layoff proceedings Tuesday for 20,000 government workers. Read the rest of this entry »

Joel Rosenberg, an aide to Israels former Prime Minister, Benjamin Netanyahu, was on Glenn Beck recently, discussing the significance of Irans recent rocket and satellite launch mission into space. Read the rest of this entry »

A team of police officers crisscrosses down a New York City block, bracing for a potential firefight with heavily armed suspects who have taken hostages inside a building.

“We know there are hostages in there,” Lt. Kenneth Beatty warns while supervising the operation. “The number’s unknown.”

It’s not real, but it’s not a standard training session, either. Read the rest of this entry »

It may seem like the country that used to make everything is on the brink of making nothing.

In January, 207,000 U.S. manufacturing jobs vanished in the largest one-month drop since October 1982. Factory activity is hovering at a 28-year low. Even before the recession, plants were hemorrhaging work to foreign competitors with cheap labor. And some companies were moving production overseas. Read the rest of this entry »

The Oligarchs’ Escape Plan – at the Treasury’s Expense

The financial “wealth creation” game is over. Economies emerged from World War II relatively free of debt, but the 60-year global run-up has run its course. Finance capitalism is in a state of collapse, and marginal palliatives cannot revive it. The U.S. economy cannot “inflate its way out of debt,” because this would collapse the dollar and end its dreams of global empire by forcing foreign countries to go their own way. There is too little manufacturing to make the economy more “competitive,” given its high housing costs, transportation, debt and tax overhead. A quarter to a third of U.S. real estate has fallen into Negative Equity, so no banks will lend to them. The economy has hit a debt wall and is falling into Negative Equity, where it may remain for as far as the eye can see until there is a debt write-down. Read the rest of this entry »

Back in February 2006, LEAP/E2020 estimated that the global systemic crisis would unfold in 4 main structural phases: trigger, acceleration, impact and decanting phases. This process enabled us to properly anticipate events until now. However our team has now come to the conclusion that, due to the global leaders’ incapacity to fully realise the scope of the ongoing crisis (made obvious by their determination to cure the consequences rather than the causes of this crisis), the global systemic crisis will enter a fifth phase in the fourth quarter of 2009, a phase of global geopolitical dislocation. Read the rest of this entry »

The business and political elite are flying blind. This is the mother of all economic crises. It has barely started and remains completely out of control. By Martin Jacques, who this week joins the New Statesman as a columnist. Plus don’t miss our Q&A Read the rest of this entry »

Iran pins hopes on Russia in its SCO bid

MOSCOW, February 16 (RIA Novosti) – Iran expects to receive the backing of Russia, which holds the presidency of the Shanghai Cooperation Organization, in its bid for full membership of the organization, Iran’s foreign minister said on Monday. Read the rest of this entry »

Facebook can distribute your information/content to anyone. Read the rest of this entry »

Germany’s most prominent political debate TV program ‘Anne Will’ had announced to run a show on Gaza on 11 January, but in what many observers believe to be an unprecedented step canceled the topic only three days earlier. The talk show is broadcast every Sunday night by the country’s foremost public-service broadcaster ARD while attracting on average 3.6 million viewers.

Official Germany Adopts Israeli Propaganda Read the rest of this entry »

There’s no question the American consumer is hurting in the face of a burst housing bubble, financial market meltdown and rising unemployment.

But “the worst is yet to come,” according to Howard Davidowitz, chairman of Davidowitz & Associates, who believes American’s standard of living is undergoing a “permanent change” – and not for the better Read the rest of this entry »

There’s no question the American consumer is hurting in the face of a burst housing bubble, financial market meltdown and rising unemployment.

But “the worst is yet to come,” according to Howard Davidowitz, chairman of Davidowitz & Associates, who believes American’s standard of living is undergoing a “permanent change” – and not for the better Read the rest of this entry »

CNN: American Morning – 02-16-09 Read the rest of this entry »

CNN: American Morning – 02-16-09 Read the rest of this entry »

Nine state legislatures have either passed or introduced bills intended to reaffirm their state’s sovereignty as laid out in the Ninth and Tenth Amendments of the Constitution. Another twenty states are expected to introduce similar measures this year. While the ramifications of these resolutions are still uncertain, one thing is clear. People are sick and tired of the federal government’s usurpation of power not granted to it by the Constitution. They have had enough of fear based economic terrorism and underhanded promotion of policies and procedures that bypass public scrutiny and the will of the people. Read the rest of this entry »

Dame Stella Rimington, the former head of MI5, has warned that the fear of terrorism is being exploited by the Government to erode civil liberties and risks creating a police state. Read the rest of this entry »