World-News

The recession tightened its grip on U.S. businesses and consumers in February, according to economists, who are predicting the largest one-month job loss in almost 60 years.

http://snipurl.com/cyiug


From Information Clearing House



http://freepage.twoday.net/search?q=job+loss
http://freepage.twoday.net/search?q=recession

A group of 50 mostly Pashtun members of parliament recently formed a working group aimed at blocking the arrival of new troops and pushing for a bilateral military agreement between Kabul and Washington, which currently does not exist.

http://www.csmonitor.com/2009/0302/p01s01-wosc.html


From Information Clearing House



http://freepage.twoday.net/search?q=Afghanistan
http://freepage.twoday.net/search?q=Obama
http://freepage.twoday.net/search?q=troop+surge

By Sheila Samples

Sometimes it's hard to come to grips with the truth -- especially if that truth is about our own country, and is in direct opposition to everything we've been taught since childhood. Patriotism is in our genes, and through the years it has been a national conviction that, if our country needed us, serving in the military to protect our freedom was not only the right thing to do, but the only thing to do.

http://informationclearinghouse.info/article22133.htm



http://freepage.twoday.net/search?q=patriotism
http://freepage.twoday.net/search?q=Sheila+Samples

Video

We no longer live in a world of nations and ideologies, Mr. Beale. The world is a college of corporations, inexorably determined by the immutable bye-laws of of business.

http://informationclearinghouse.info/article22131.htm

By Richard C. Cook

You may ask, should we just be "giving away money?" My answer is that if the banks can create trillions of dollars in credit out of thin air for lending, why can't the government create it for the people?

http://informationclearinghouse.info/article22135.htm



http://freepage.twoday.net/search?q=Obama
http://freepage.twoday.net/search?q=Richard+C.+Cook

Andre Pratte, La Presse: "The capitalists were bad winners. They pushed their system to the extreme, that is to say, to excess. Outrageous risks, gargantuan appetites, crass incompetence and arrogance, brazen frauds have marked the last decade - until the temple's columns collapsed."

http://www.truthout.org/030209F

--------

Sermon from the Corporate Church

By Peter Chamberlin

The belief, that property is more valuable than human life itself, is the basis of humanity's current problems. Capitalism, the embodiment of this belief, is in its death throes.

http://informationclearinghouse.info/article22132.htm



Preaching To The Choir?

By Timothy V. Gatto

I really don't want to be around when America gets what is coming to it.
http://informationclearinghouse.info/article22134.htm



http://freepage.twoday.net/search?q=capitalism
http://freepage.twoday.net/search?q=Andre+Pratte
http://freepage.twoday.net/search?q=Peter+Chamberlin
http://freepage.twoday.net/search?q=Timothy+V.+Gatto

Tom Engelhardt, TomDispatch.com, discusses statements made by Defense Secretary Robert Gates regarding the war in Afghanistan and the imperialistic mindset that has become far too common in the framing of US foreign policy.

http://www.truthout.org/030209D

--------

Preaching to the choir?

Information Clearinghouse
by Timothy Gatto

03/02/09

Of course you could say that Obama is a million times better than Bush. That’s like saying tuberculosis is better than the Ebola virus. Our society is still on life-support when it comes to being ‘The shining example on the hill’ to other nations that George H.W. Bush tried to portray us as. The only people that don’t realize our entire foreign policy is a sham are the American people. Everyone else on the planet understands that America has become a world class tyrant. Still, our people are fed pabulum for news by the tightly controlled American media, controlled by a few corporate entities, all spouting the same propaganda...

http://informationclearinghouse.info/article22134.htm


Informant: Thomas L. Knapp



http://freepage.twoday.net/search?q=Obama
http://freepage.twoday.net/search?q=Robert+Gates
http://freepage.twoday.net/search?q=imperial
http://freepage.twoday.net/search?q=Afghanistan
http://freepage.twoday.net/search?q=foreign+policy
http://freepage.twoday.net/search?q=Tom+Engelhardt
http://freepage.twoday.net/search?q=Timothy+Gatto

Dean Baker, Truthout: "Commodity trader Rick Santelli made himself into a national hero of sorts with his televised diatribe about being forced to pay the mortgages of 'losers' who could not afford, or would not pay, the full cost of their mortgage. Santelli apparently hit a chord among those who want to blame deadbeat homeowners for the country's economic woes. At the risk of spoiling a promising artistic and commercial venture, people should know that Mr. Santelli is firing at the wrong target. The big gainers from the latest plan to help homeowners are not 'loser' homeowners, but rather banks and investors, who will earn far more on their loser loans than would otherwise have been possible."

http://www.truthout.org/030209A



http://freepage.twoday.net/search?q=mortgage
http://freepage.twoday.net/search?q=bailout
http://freepage.twoday.net/search?q=homeowner
http://freepage.twoday.net/search?q=Dean+Baker

http://groups.google.de/group/freepage-news/t/da7b18e8e7592527?hl=en



http://freepage.twoday.net/search?q=Bernie+Horn

Laura King, The Los Angeles Times: "A missile attack near Pakistan's border with Afghanistan, believed to have been carried out by a US drone aircraft, killed at least eight people Sunday, Pakistani officials said. The strike, the first of its kind since a high-level Pakistani military delegation visited the United States last week, suggested the Obama administration intends to press ahead with a campaign of targeting militants in Pakistan's tribal areas."

http://www.truthout.org/030209K



http://freepage.twoday.net/search?q=missile+attack
http://freepage.twoday.net/search?q=Pakistan
http://freepage.twoday.net/search?q=Afghanistan
http://freepage.twoday.net/search?q=US+drone
http://freepage.twoday.net/search?q=tribal+areas
http://freepage.twoday.net/search?q=Obama

MI5 target activists who could stoke "summer of discontent"

Paul Joseph Watson

Prison Planet.com

Monday, March 2, 2009

The Army is on standby to deal with rioting on UK streets as a result of the economic crisis according to a newspaper report, which states that MI5 is targeting political activists who could help create a “summer of discontent”.

http://www.prisonplanet.com/paper-army-prepared-for-economic-riots-on-uk-streets.html

--------

UK: MI5 Alert On Bank Riots

TOP secret contingency plans have been drawn up to counter the threat posed by a "summer of discontent" in Britain.

http://www.express.co.uk/posts/view/86981/MI5-alert-on-bank-riots



Factory downturn 'accelerating'

Manufacturers in the UK cut jobs and output at a record pace in February, according to the latest Purchasing Managers' Index (PMI).

http://news.bbc.co.uk/2/hi/business/7917626.stm


From Information Clearing House



http://freepage.twoday.net/search?q=economic+crisis
http://freepage.twoday.net/search?q=riots
http://freepage.twoday.net/search?q=MI5

EU-Abstimmung in Irland

„Mit dem EU-Verfassungsvertrag bzw. mit dem nach den gescheiterten Referenden in Frankreich und den Niederlanden im Jahr 2005 kaum veränderten Nachfolger, dem Vertrag von Lissabon, soll der neoliberale, militaristische und antidemokratische Kurs der Europäischen Union weiter beschleunigt werden. Außer in Irland kam es in keinem anderen EU-Land zu einer Befragung der Bevölkerung. Obwohl die irische Bevölkerung den Vertrag mit Mehrheit abgelehnt hatte, soll er nun einfach erneut vorgelegt werden. Die Informationsstelle Militarisierung (IMI) e.V. erklärt sich deshalb solidarisch mit der irischen Nein-Kampagne, die nun mehr denn je unsere Unterstützung benötigt…“ Dokumentation bei Informationsstelle Militarisierung (IMI) e. V. vom 24.02.2009 http://www.imi-online.de/2009.php3?id=1912


Aus: LabourNet, 2. März 2009



http://freepage.twoday.net/search?q=Lissabon
http://freepage.twoday.net/search?q=EU-Verfassung
http://freepage.twoday.net/search?q=Irland
http://freepage.twoday.net/search?q=neoliberal
http://freepage.twoday.net/search?q=Informationsstelle+Militarisierung

http://www.brasschecktv.com/page/574.html



http://freepage.twoday.net/search?q=drug+industry
http://freepage.twoday.net/search?q=Big+Pharma

This is Somerset - Clevedon, Somerset, UK

DEFIANT mobile phone giant O2 has launched a formal appeal to build a signal mast on Burnham's Ritz Cinema after it was denied by Sedgemoor District Council ...

http://www.thisissomerset.co.uk/news/O2-Ritz-mast-appeal/article-733639-detail/article.html

UK: The 1.3 trillion pound bank job

The furore over Sir Fred Goodwin's massive pension worked as an effective smokescreen for far worse financial news that the Government was happy to keep out of the public eye. David Randall and Margareta Pagano report.

http://www.independent.co.uk/news/uk/home-news/the-13-trillion-pound-bank-job-1634729.html



U.S. readies another $30B as AIG debt problems mount

Insurance giant American International Group (AIG) on Sunday moved toward another restructuring of its massive debt, marking a further widening of the historic federal bailout of financial markets.

http://www.usatoday.com/money/industries/banking/2009-03-01-debt-restructure-aig_N.htm



Mortgage Delinquencies Jump 50 Percent

More U.S. consumers are filing for personal bankruptcy or relying on credit cards as the recession deepens and unemployment rises, a top credit bureau executive told Reuters.

http://moneynews.newsmax.com/headlines/mortgage_delinquency/2009/02/27/186362.html



Buffett: Economy will remain in 'shambles'

Profit fell 96 percent, the fifth straight quarterly decline, and Berkshire's net worth tumbled $10.9 billion in the year's final three months.

http://www.msnbc.msn.com/id/29441863



16 US banks collapse in just two months

With the financial meltdown continuing unabated, US has already seen the collapse of 16 banks in the last two months -- which is more
than one-fourth the total number of failures in the last nine years.

http://snipurl.com/cx55j



Pension bombs going off

Exploding pension fund shortfalls are blowing billion-dollar holes in the balance sheets of some of the Chicago area's biggest companies, forcing them to make huge contributions to retirement plans at a time when cash flow and credit are already under stress.

http://www.chicagobusiness.com/cgi-bin/article.pl?articleId=31402



Right-Wing 'Tea Party' Movement Was Planned Months Ago by GOP Billionaires

Bloggers reveal how the latest so-called "populist" revolt against the federal government was a pre-planned PR stunt.

http://www.alternet.org/workplace/129523/right-wing_%27tea_party%27_movement_was_planned_months_ago_by_gop_billionaires/



Buffett says U.S. Treasury bubble one for the ages

Warren Buffett, whose Berkshire Hathaway Inc (BRKa.N) (BRKb.N) sits on $25.54 billion (17.8 billion pounds) of cash, said worried investors are making a costly mistake by buying up U.S. Treasuries that yield almost nothing.

http://uk.reuters.com/article/businessNews/idUKTRE51R1Q720090228

From Information Clearing House



http://freepage.twoday.net/search?q=bailout
http://freepage.twoday.net/search?q=financial+market
http://freepage.twoday.net/search?q=recession
http://freepage.twoday.net/search?q=unemployment
http://freepage.twoday.net/search?q=bank+collapse
http://freepage.twoday.net/search?q=AIG+insurance
http://freepage.twoday.net/search?q=mortgage
http://freepage.twoday.net/search?q=U.S.+Treasury
http://freepage.twoday.net/search?q=treasuries
http://freepage.twoday.net/search?q=GOP
http://freepage.twoday.net/search?q=Warren+Buffett

Iran is not close to having a nuclear weapon, which gives the United States and others time to try to persuade Tehran to abandon its suspected atomic arms program, U.S. Defense Secretary Robert Gates said on Sunday.

http://snipurl.com/cx4tz


From Information Clearing House



http://freepage.twoday.net/topics/Is+Iran+next/
http://freepage.twoday.net/search?q=Robert+Gates

2 months into 2009, US deaths spike in Afghanistan

U.S. deaths in Afghanistan increased threefold during the first two months of 2009 compared with the same period last year, after thousands more troops deployed and commanders ramped up winter operations against an increasingly violent insurgency.

http://snipurl.com/cx4oe


From Information Clearing House



http://freepage.twoday.net/search?q=Afghanistan
http://freepage.twoday.net/search?q=insurgency

Foreign Secretary David Miliband and Home Secretary Jacqui Smith have both refused to appear before Parliament's human rights committee to answer questions about allegations of British collusion in the torture of British citizens and residents detained during counter-terrorism operations in Pakistan.

http://snipurl.com/cx4jx



'There was no Cabinet debate in run-up to war,' says Short as Government refuses to release minutes

Details surrounding two crucial meetings on the eve of the conflict were laid bare for the first time yesterday when former Cabinet Minister Clare Short, who was present at both, gave a full account of what happened.

http://snipurl.com/cx4qq


From Information Clearing House



http://freepage.twoday.net/search?q=David+Miliband
http://freepage.twoday.net/search?q=Jacqui+Smith
http://freepage.twoday.net/search?q=Clare+Short
http://freepage.twoday.net/search?q=torture
http://freepage.twoday.net/search?q=Pakistan

By Buhdydharma

Senator Whitehouse is on both the Intelligence Committee and the Judiciary Committee. Thus he perhaps more than anyone else has access to ALL of the available information on the Bush Torture Network. Including the remaining pictures and videotapes from Abu Ghraib that were concealed from the public view.

http://informationclearinghouse.info/article22124.htm



http://freepage.twoday.net/search?q=Senator+Whitehouse
http://freepage.twoday.net/search?q=Bush+legacy
http://freepage.twoday.net/search?q=torture
http://freepage.twoday.net/search?q=Abu+Ghraib
http://freepage.twoday.net/search?q=Buhdydharma

No One Seems To Know Or Be Willing To Say How Bad Things Are

By Danny Schechter

Does anyone even know how bad the economy is, or how much worse it will get?
http://informationclearinghouse.info/article22129.htm



A Banana Republic By 2012?

Change for the Worse

By Paul Craig Roberts

President Obama has presented the most irresponsible budget in US history. His fiscal year 2010 budget projects federal spending of $3.5 trillion and a federal deficit of $1.75 trillion. In other words, 50 percent of the government's budget consists of red ink.

http://informationclearinghouse.info/article22128.htm



http://freepage.twoday.net/search?q=Obama
http://freepage.twoday.net/search?q=federal+spending
http://freepage.twoday.net/search?q=Danny+Schechter
http://freepage.twoday.net/search?q=Paul+Craig+Roberts

http://www.reuters.com/article/businessNews/idUSTRE5200MB20090301


Informant: Thomas L. Knapp

--------

Jim Rogers: Let AIG Go Bankrupt, Not America

American International Group should be allowed to go bankrupt because keeping it and other sick financials alive on government support risks ruining the US economy, legendary investor Jim Rogers told CNBC Tuesday.

http://www.cnbc.com/id/29476319/site/14081545



AIG: Billions Dished Out in the Dark

By Robert Scheer

This is crazy! Forget the bleating of Rush Limbaugh; the problem is not with the quite reasonable and, if anything, underfunded stimulus package, which in any case will be debated long and hard in Congress. The problem is with what is not being debated: the far more expensive Wall Street bailout that is being pushed through--as in the case of the latest AIG rescue--in secret, hurried deal-making primarily by the unelected secretary of the treasury and the chairman of the Federal Reserve.

http://informationclearinghouse.info/article22162.htm


From Information Clearing House

--------

The AIG Bomb

Francois Vidal, Les Echos: "Tick-tock, tick-tock. In spite of the efforts of Washington's pyrotechnicians, the AIG bomb is still live."

http://www.truthout.org/030409F



http://freepage.twoday.net/search?q=AIG+insurance
http://freepage.twoday.net/search?q=bailout
http://freepage.twoday.net/search?q=stimulus
http://freepage.twoday.net/search?q=treasury
http://freepage.twoday.net/search?q=Federal+Reserve
http://freepage.twoday.net/search?q=US+economy
http://freepage.twoday.net/search?q=Rush+Limbaugh
http://freepage.twoday.net/search?q=Jim+Rogers
http://freepage.twoday.net/search?q=Francois+Vidal
http://freepage.twoday.net/search?q=Robert+Scheer

http://www.lewrockwell.com/bonner/bonner365.html

Foreclosure Scandal
http://www.lewrockwell.com/jarvis/jarvis111.html

Nationalization in a Time of Monopoly
http://www.lewrockwell.com/rajiva/rajiva14.html

The Denationalisation of Money
http://www.lewrockwell.com/hayek/Denationalisation-of-Money.html

The Silence of the Liberals
http://www.lewrockwell.com/raimondo/raimondo36.html

The Imperial Unconscious
http://www.lewrockwell.com/engelhardt/engelhardt375.html



http://freepage.twoday.net/search?q=Obama
http://freepage.twoday.net/search?q=stimulus
http://freepage.twoday.net/search?q=nationalization
http://freepage.twoday.net/search?q=imperial
http://freepage.twoday.net/search?q=foreclosure
http://freepage.twoday.net/search?q=com/bonner
http://freepage.twoday.net/search?q=/rajiva
http://freepage.twoday.net/search?q=raimondo
http://freepage.twoday.net/search?q=com/jarvis
http://freepage.twoday.net/search?q=com/engelhardt

http://blog.wired.com/defense/2009/02/the-15-year-pla.html


Informant: Kev Hall

--------

Owning disaster
http://www.counterpunch.org/beattie02272009.html


Informant: Thomas L. Knapp



http://freepage.twoday.net/search?q=Afghanistan
http://freepage.twoday.net/search?q=Missie+Beattie