MSM: The depression quietly deepens

9th June 2009

(Telegraph) – Those of us who still question whether the world has purged its toxins are reduced to the same tiny band of moaning Druids from early 2007, when we shook our heads in disbelief as the carry trade swept Iceland to fresh madness and bankers laughed off sub-prime rot at Bear Stearns. Read the rest of this entry »

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Posted in China, Economic Crisis, Europe, NWO, Politics/Corrupt | No Comments »

The Financial War Against Iceland

10th April 2009

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Posted in Economic Crisis, NWO, Politics/Corrupt | 1 Comment »

Obama’s New World Order

10th April 2009

This article addresses Washington’s financial coup d’etat in the context of discussing Michael Hudson’s important, very lengthy and detailed April 5 Global Research.ca one titled: “The Financial War Against Iceland – Being defeated by debt is as deadly as outright military warfare.” It reviews its key information in advance of Hudson’s April 14 scheduled appearance on The Global Research News Hour to discuss. Read the rest of this entry »

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The Crash of ’09, The Collapse of ’10

7th April 2009

Many American analysts are saying that America’s real economic collapse could come by the end of this year. “It will come to be known as ‘The Crash of 09′, they say. Others, especially a Russian political analyst, are predicting its physical collapse too. There’s no doubt that the country is up the dirtiest of imaginable creeks without a paddle. Read the rest of this entry »

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Posted in Dictatorship, Economic Crisis, Fascism, Martial Law/Police State, NWO, Politics/Corrupt, Russia | 1 Comment »

Ireland on the Brink of Collapse

1st March 2009

They can barely let the words pass their lips, but some of the EU’s most important policymakers were forced this week to discuss what was once unthinkable: that at least one of the 16 eurozone countries might be on the brink of ditching the single currency. Read the rest of this entry »

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Video: Urban Warfare Drills Linked To Coming Economic Rage

23rd February 2009

Expectancy of riots leads authorities to prepare for mass civil unrest Read the rest of this entry »

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Posted in Dictatorship, Film/Video, Martial Law/Police State, NWO, Politics/Corrupt | No Comments »

MSM: Arnie Schwarzenegger joins the ranks of the girlie men

17th February 2009

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

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Posted in Economic Crisis, NWO, Politics/Corrupt | No Comments »

The New Depression

17th February 2009

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 »

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Eastern Europe is about to Blow

16th February 2009

Eastern Europe is about to blow. If it does, it could take much of the EU with it. It’s an emergency situation but there are no easy solutions. The IMF doesn’t have the resources for a bailout of this size and the recession is spreading faster than relief efforts can be organized. Finance ministers and central bankers are running in circles trying to put out one fire after another. Its only a matter of time before they are overtaken by events. If one country is allowed to default, the dominoes could begin to tumble through the whole region. This could trigger dramatic changes in the political landscape. The rise of fascism is no longer out of the question. Read the rest of this entry »

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Posted in Economic Crisis, Europe, Fascism, NWO, Politics/Corrupt | No Comments »

MSM: Job Losses Pose a Threat to Stability Worldwide

16th February 2009

PARIS — From lawyers in Paris to factory workers in China and bodyguards in Colombia, the ranks of the jobless are swelling rapidly across the globe. Read the rest of this entry »

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Iceland: New government pledges continuation of IMF austerity programme

11th February 2009

Iceland’s new coalition government between the Social Democratic Alliance and the Left-Green Party was formed February 1 after negotiations with the Progressive Party over its parliamentary support. Although the new administration came to power promising significant changes to government and the financial sector, the direction of the SDA-led government will be a continuation of previous policies. Read the rest of this entry »

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MSM: It’s Not Going to Be OK

9th February 2009

The daily bleeding of thousands of jobs will soon turn our economic crisis into a political crisis. The street protests, strikes and riots that have rattled France, Turkey, Greece, Ukraine, Russia, Latvia, Lithuania, Bulgaria and Iceland will descend on us. It is only a matter of time. And not much time. When things start to go sour, when Barack Obama is exposed as a mortal waving a sword at a tidal wave, the United States could plunge into a long period of precarious social instability.

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Posted in China, Economic Crisis, Europe, Fascism, NWO, Politics/Corrupt, Russia | 1 Comment »

Gold Disconnects from USDollar

8th February 2009

The gold price has finally disconnected from its nemesis, the USDollar. This news should be read as the coming of spring after months of wintry torment, or as the sighting of land after 30 days adrift at sea in a derelict vessel. From 2002 to very early 2008, the gold price had risen from the massive speculative fervor that swept the United States and Europe, whose economies had been supplied largely by Asian factories. The mines from Latin America to South Africa to Australia greatly aided the process. The very paradoxical event of the USDollar rising this past autumn amidst truly horrendous news, one disaster after another, one major bank failure after another, one nationalization of a large financial institution after another, makes the disconnect all the sweeter for gold investors. That set the stage for a powerful gold price move. Imagine a notable rise in the buck, based upon broad negative news in August and October! Read the rest of this entry »

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Posted in Economic Crisis, NWO, Politics/Corrupt | 3 Comments »

MSM: Naomi Klein Throws Another Touchdown: “All Of Them Must Go”

5th February 2009

By Naomi Klein – February 5th, 2009

Watching the crowds in Iceland banging pots and pans until their government fell reminded me of a chant popular in anti-capitalist circles in 2002: “You are Enron. We are Argentina.”

Its message was simple enough. You–politicians and CEOs huddled at some trade summit–are like the reckless scamming execs at Enron (of course, we didn’t know the half of it). We–the rabble outside–are like the people of Argentina, who, in the midst of an economic crisis eerily similar to our own, took to the street banging pots and Read the rest of this entry »

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Posted in Economic Crisis, Europe, NWO, Politics/Corrupt | 1 Comment »

Iceland Prime Minister To Try And Fire Central Bank Governors

4th February 2009

Prime Minister Jóhanna Sigurdardóttir will present a bill at a cabinet meeting today on amendments to legislation on Iceland’s Central Bank, including reducing the bank’s governors from three to one. The resulting position will be advertised. Read the rest of this entry »

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Posted in Economic Crisis, NWO, Politics/Corrupt | 2 Comments »

Congress Seeks To Authorize & Legalize FEMA Camp Facilities

28th January 2009

A new bill has been introduced in the U.S. House of Representatives called the National Emergency Centers Act or HR 645. This bill if passed into law will direct the Secretary of Homeland Security to establish national emergency centers otherwise known as FEMA camp facilities on military installations. This is an incredibly disturbing piece of legislation considering that the powers that be have already set in motion an agenda to setup a nationwide marital law apparatus through U.S. Northern Command and the Department of Homeland Security. Apparently, the fusion centers, militarized police, surveillance cameras and a domestic military command is not enough. Even though we already know that detention facilities are already in place, they now want to legalize the construction of FEMA camps on military installations using the ever popular excuse that the facilities are for the purposes of a national emergency. With the phony debt based economy getting worse and worse by the day, the possibility of civil unrest is becoming a greater threat to the establishment. One need only look at Iceland, Greece and other nations for what might happen in the United States next. With this in mind, it appears as if these so called national emergency centers will be used in a national emergency but only if the national emergency requires large groups of people to be rounded up and detained. If that isn’t the case, than why have these national emergency facilities built in military installations?

Let’s look through the various portions of the bill. Here is section 2 of the bill taken directly from the proposed legislation.

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Posted in Dictatorship, Fascism, Martial Law/Police State, Neuro/Bio/Chem Warfare, NWO, Politics/Corrupt | 3 Comments »

New Legislation Authorizes FEMA Camps In U.S.

27th January 2009

A new bill introduced in Congress authorizes the Department of Homeland Security to set up a network of FEMA camp facilities to be used to house U.S. citizens in the event of a national emergency.

The National Emergency Centers Act or HR 645 mandates the establishment of “national emergency centers” to be located on military installations for the purpose of to providing “temporary housing, medical, and humanitarian assistance to individuals and families dislocated due to an emergency or major disaster,” according to the bill.

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Posted in Dictatorship, Fascism, Martial Law/Police State, Neuro/Bio/Chem Warfare, NWO, Politics/Corrupt | 6 Comments »

The Arctic in NATO’s Crosshairs

27th January 2009

The endless desert of snow and ice has always been a subject for dispute among politicians, diplomats and scientists. The Arctic territory has now become a subject of a military dispute.

NATO has declared it a strategically important region. The announcement was made by NATO spokesman James Appathurai who also said a meeting with the participation of high-ranking NATO officials is to take place January 28-29 in Reykjavik, Iceland.
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MSM: Iceland’s center-left party to lead new government

27th January 2009

REYKJAVIK, Iceland (AP) — Iceland’s center-left Social Democratic Alliance Party was chosen today to lead the country following the collapse of the island nation’s government amid deep economic troubles and intense political discord.
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MSM: Iceland Says Coalition Government Collapses

27th January 2009

Global financial meltdown and collapsing banks spark current crisis

Protesters clash with police

Protesters clash with police behind the parliament building in Reykjavik last week.

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Obama’s World

27th January 2009

FORECAST

As President Barack Obama takes the reigns of power in Washington, the world that awaits him and his administration poses significant challenges.

The Obama administration faces the daunting task of tackling the worst global economic crisis since the Great Depression. By borrowing trillions of dollars against America’s future, the current strategy of averting current disaster is an “all-in” move. If it fails, U.S. power will be severely damaged for at least a couple of generations.

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Posted in China, Economic Crisis, Energy, Europe, Iran, Iraq, Israel, Middle East, NWO, Pakistan, Palestine, Politics/Corrupt, Russia, Terrorism, Venezuela, War/Draft | No Comments »

MSM: Icelandic government becomes first to be brought down by the credit crunch

24th January 2009

The government of Iceland today became the first to be effectively brought down by the credit crunch.

After several nights of rioting over the financial crisis, Prime Minister Geir Haarde, surrendered to increasing pressure and called a general election for May. Read the rest of this entry »

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2009 Heralds “A New Age Of Rebellion”

21st January 2009

2009 heralds the start of a “new age of rebellion” according to an editorial in the highly influential London Times newspaper, and the year in which masses of people will take to the streets to riot in response to drastically falling standards of living.

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Posted in Economic Crisis, Europe, NWO, Politics/Corrupt | No Comments »

MSM: Iceland’s Meltdown

13th December 2008

An economic morality play, in 10 acts

“All financial innovation involves … the creation of debt secured in greater or lesser adequacy by real assets,” wrote the economist John Kenneth Galbraith in 1993. And “all crises have involved debt that, in one fashion or another, has become dangerously out of scale in relation to the underlying means of payment.”

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Icelanders protest economic meltdown

5th December 2008

REYKJAVIK, Iceland: Thousands of Icelanders marked the 90th anniversary of their nation’s sovereignty with angry protest Monday, and several hundred stormed the central bank to demand the ouster of bankers they blame for the country’s spectacular economic meltdown.

Tiny Iceland has seen its banks and currency collapse in just a few weeks while prices and unemployment soar — leaving a country regarded as a model of Scandinavian prosperity in a state of shock. Read the rest of this entry »

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MSM: Icelanders protest economic meltdown

2nd December 2008

REYKJAVIK, Iceland: Thousands of Icelanders marked the 90th anniversary of their nation’s sovereignty with angry protest Monday, and several hundred stormed the central bank to demand the ouster of bankers they blame for the country’s spectacular economic meltdown.
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