Dienstag, 7. Oktober 2008

McCain Link to Private Group in Iran-Contra Case

Pete Yost, The Associated Press: "John McCain's campaign is criticizing Barack Obama for his ties to a former radical who engaged in violent acts four decades ago, but McCain himself was closely connected to a private group that supplied aid to rebels trying to overthrow the leftist government of Nicaragua during the Iran-Contra affair. The U.S. Council for World Freedom was part of an international organization linked to former Nazi collaborators and ultra-right-wing death squads in Central America. The group was dedicated to stamping out communism around the globe."

//www.truthout.org/100708C



//freepage.twoday.net/search?q=McCain
//freepage.twoday.net/search?q=Pete+Yost

A Country in Shambles, Under Conservative Rule

//groups.google.de/group/freepage-news/t/87ddcf632f6398ac?hl=en



//freepage.twoday.net/search?q=bailout
//freepage.twoday.net/search?q=Wall+Street

Next-up news Nr 703

- Jugement Intégral Tribunal de Nanterre : "Riverains Antennes Relais contre Bouygues Telecom" .

- Page 4 extrait : "Motifs de la décision : Sur le risque sanitaire.
La concrétisation de ce risque par des troubles de santé avérés constituerait un trouble distinct, susceptible de recevoir d’autres qualifications en fonction de la gravité des troubles . . ."

//www.next-up.org/pages/Justice.php#1

Next-up news Nr 702

//groups.google.com/group/omeganews/t/aa4f170c72a26203?hl=de

Frank Says GOP Housing Attacks Racially Motivated

The Associated Press: "Rep. Barney Frank said Monday that Republican criticism of Democrats over the nation's housing crisis is a veiled attack on the poor that's racially motivated. The Massachusetts Democrat, chairman of the House Financial Services Committee, said the GOP is appealing to its base by blaming the country's mortgage foreclosure problem on efforts to expand affordable housing through the Community Reinvestment Act."

//www.truthout.org/100708M



//freepage.twoday.net/search?q=Barney+Frank
//freepage.twoday.net/search?q=GOP
//freepage.twoday.net/search?q=housing
//freepage.twoday.net/search?q=mortgage
//freepage.twoday.net/search?q=foreclosure

The Crisis Agenda

The New York Times, Editorial: "As stocks cratered on Monday and lending and borrowing remained frozen, the Bush administration rushed to implement the $700 billion bailout enacted on Friday. The Treasury Department said that it would soon post help-wanted ads on its Web site for asset managers to run the program and that because of the urgency, the hiring may be 'through other than full and open competition.' Is it any wonder that the markets lack confidence? One business day after the bailout was enacted, and it already had a tilting-at-windmills quality."

//www.truthout.org/100708J



Congress Grills Lehman Boss Over $500 Million Wages

Agence France-Presse: "US lawmakers Monday grilled the head of Lehman Brothers demanding he justify some 500 million dollars he had earned since 2000, as well as huge bonuses sought for top executives even as the bank failed. Richard Fuld, the chief executive officer of the investment bank which fell prey in September to the credit crunch, was called to account by the House of Representatives oversight committee. The hearings are the start of a series of probes promised by Congress which on Friday passed an unprecedented 700-billion dollar rescue package to shore up Wall Street, amid the country's worst economic crisis since the Great Depression in the 1930s."

//www.truthout.org/100708K




//freepage.twoday.net/search?q=$700
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//freepage.twoday.net/search?q=economic+crisis
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//freepage.twoday.net/search?q=Great+Depression
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//freepage.twoday.net/search?q=Lehman+Brothers

Secret Bush Administration Plan to Suspend US Constitution

//www.globalresearch.ca/index.php?context=va&aid=10473


Informant: Dorothee Krien

--------

Rumsfeld Updated Army's Continuity of Operations Plan before 9/11

By Tom Burghardt

One fact is abundantly clear from the mass of conflicting evidence and assertions made by proponents of various theories surrounding the 9/11 events: AR 500-3 demonstrates that from the very first moments after being installed in office, the Bush regime was involved in a "controlled demolition" of the U.S. Constitution.

//www.informationclearinghouse.info/article20960.htm



//freepage.twoday.net/search?q=Constitution
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//freepage.twoday.net/search?q=9/11
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//freepage.twoday.net/search?q=Tom+Burghardt

Worldwide Financial Fiasco

//groups.google.de/group/freepage-news/t/e2ee8cbbee445664?hl=en



//freepage.twoday.net/search?q=bank+deposits
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//freepage.twoday.net/search?q=Chalmers+Johnson

Die aktuelle Cross-Border-Leasing(CBL)-Krise

//www.attac-netzwerk.de/heidenheim/finanzkrise-und-cbl/

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Leicht verspieltes Geld: Unsaubere Scheingeschäfte mit öffentlichem Eigentum werden in der Finanzkrise für viele Kommunen zum Bumerang

„Es sah aus wie eine Goldgrube für die chronisch klammen Kommunen. In der Finanzkrise könnte nun daraus ein tiefes Loch werden, das Steuergeld schluckt: Das so genannte Cross Border Leasing. Zwischen 1994 und 2004 wurden in Westeuropa etwa 700 solcher Transaktionen arrangiert, allein 200 davon in Deutschland. Dabei verkauften vor allem Städte einen Teil ihrer Infrastruktur - und mieteten sie wieder zurück. Den US-Investoren winkten dabei in ihrer Heimat millionenschwere Steuervorteile. Die Städte erhielten als Belohnung fürs Mitspielen eine einmalige Barauszahlung in Höhe von vier Prozent des Kaufpreises. Das schien leicht verdientes Geld zur Sanierung der überschuldeten Haushalte. Arrangeure und Investoren versprachen: Es ist nur ein einfacher Steuertrick, es ändert sich nichts…“ Artikel von Werner Rügemer in Freitag vom 16.10.2008 //www.freitag.de/2008/42/08420401.php


Wasserversorger droht Millionenverlust

„Die globale Finanzkrise erreicht die Kommunen im Land. Die Bodensee- und die Landeswasserversorgung müssen einen zweistelligen Millionenbetrag aufbringen, um die Risiken ihrer Cross-Border-Leasinggeschäften abzudecken.

Vor genau 60 Jahren, am 16. Oktober 1958, hat die Bodensee-Wasserversorgung (BWV) ihren Betrieb aufgenommen. Die Freude darüber fällt bei dem Trinkwasser-Zweckverband zur Zeit eher verhalten aus. Denn auf die Vereinigung von inzwischen 180 Städten und Gemeinden kommen mehr als zehn Millionen Euro an Kosten durch seine Cross-Border-Leasing-Geschäfte zu. Summen in ähnlicher Höhe sollen beim Schwesterverband, die Landeswasserversorgung (LW) mit seinen 108 Mitgliedern anfallen. Der Grund ist in riskanten Cross-Border-Leasing-Geschäften zu suchen, die beide Verbände Anfang des Jahrtausends mit US-Investoren abgeschlossen haben…“ Artikel von Wolfgang Messner in der Stuttgarter Zeitung vom 15.10.2008 //www.stuttgarter-zeitung.de/stz/page/detail.php/1846353


Cross-Border: Bochum muss bluten

„Das US-Geschäft mit dem städtischen Kanalnetz kostet jetzt wegen der Finanzkrise Millionen Euro extra.Bis Weihnachten soll der neue Versicherungsgarant feststehen. Darum bewerben sich Firmen aus Europa und USA. Sorgenvoll: Für die Bochumer Oberbürgermeisterin Dr. Ottilie Scholz ist der Kanalnetz-Vertrag mit US-Investoren nicht mehr Freude pur. Erst kassierte Bochum über 20 Mio Euro, jetzt muss die Stadt Millionen Euro dazubuttern…“ Artikel von Rolf Hartmann in der WAZ-Bochum vom 15.10.2008 //www.derwesten.de/nachrichten/staedte/bochum/2008/10/15/news-83702161/detail.html


Aus: LabourNet, 16. Oktober 2008

--------

Cross Border Leasing

Privatisierung als Ursache der Finanzkatastrophe. Gespräch mit Werner Rügemer über Cross Border Leasing

„Cross Border Leasing wurde lange Zeit als sicheres und einfaches Mittel zur kommunalen Haushaltssanierung empfohlen. In der Krise entpuppt es sich als hochspekulatives Finanzsystem, welches die Städte nun teuer zu stehen kommt…“ Ein Gespräch mit dem Privatisierungsexperten Werner Rügemer von Reinhard Jellen in telepolis vom 28.10.2008 //www.heise.de/tp/r4/artikel/29/29005/1.html


Privatisierung von Banken und Sparkassen: Sparkassen in NRW

Neues Sparkassengesetz: Privatisierung durch die Hintertür

„In Nordrhein-Westfalen wächst der Protest gegen das Sparkassengesetz von CDU und FDP. Die Sparkassen würden privaten Großbanken zum Fraß vorgeworfen, fürchten Kritiker…“ Artikel von Andreas Wyputta in der taz vom 22.10.2008 //www.taz.de/1/zukunft/wirtschaft/artikel/1/privatisierung-durch-die-hintertuer/

Siehe dazu die Sonderseite „Sparkassengesetz NRW“ bei ver.di NRW //fidi-nrw.verdi.de/sparkassengesetz_nrw


Aus: LabourNet, 28. Oktober 2008



//freepage.twoday.net/search?q=PPP
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//freepage.twoday.net/search?q=Privatisierung

Alles Geld geht vom Volk aus

//groups.google.com/group/omeganews/t/527d2c09db8d7ab1?hl=de



//freepage.twoday.net/search?q=Grundeinkommen

Selbitz: Sendemastenmasten im Wohngebiet

//groups.google.com/group/mobilfunk_newsletter/browse_thread/thread/455affc2f442172e

Anger over phone mast plans

Oct 9 2008 by Dominic Jones, Gwent Gazette

PLANNERS are urging a mobile phone company to reconsider plans to build a mast overlooking a Six Bells school.

Blaenau Gwent Council’s planning committee reluctantly approved the proposal, but members are urging Vodafone to reconsider where the tower will be built.

The committee has been left stuck between a rock and a hard place because members are unhappy with the planned location of the 10-metre tall mast, around 70 metres from Bryngwyn Primary School, but are unable to refuse planning permission on grounds of health concerns due to Government planning guidance.

Read More...
//tinyurl.com/3khzn8



//freepage.twoday.net/search?q=school+mast

US govt ramps up the printing press

The Market Oracle
by Keith Fitz-Gerald

10/04/08

This week, I want to answer one of the most frequently asked questions that I’ve received: “Where does all the bailout money come from?” …. To pay for the new $700 billion bailout bill, or even to cover the ever-growing federal debt, the U.S. government sells securities - lots of securities. The money is literally created from thin air by authorization and subsequently lent to institutions, individuals, foreign governments and others for what basically boils down to the mother of all IOUs. A portion of it, of course, is physically printed by Team Bernanke and the U.S. Federal Reserve on its turbocharged printing presses - and put into circulation as currency...

//marketoracle.co.uk/Article6625.html



Political blame and the myth of Government-sponsored salvation

Financial Sense
by J. R. Nyquist

10/03/08

Our financial leaders committed egregious error upon error with the haughty self assurance that they could disregard economic teachings and escape the greatest cycle of boom and bust yet seen. And now, this same generation imagines that government can stop the boom from turning bust. They point to the case of Sweden, where the government intervened to save the Swedish economy from ruin. While it is true that the Swedish government stemmed the tide of panic, the country’s economy was ultimately floated by the decentralized decision-making of the market. A government may be lucky enough to stem panic in an otherwise healthy economy. It cannot, however, stop a financial contraction when bubbles begin to burst at the outset of a global recession...

//www.financialsense.com/stormwatch/geo/pastanalysis/2008/1003.html



Destroying liberty

George Mason University
by Walter Williams

10/01/08

There is no question that if one were to ask whether we Americans are moving towards more liberty or more government control over our lives, the answer would unambiguously be the latter — more government control over our lives. We might have reached a point where the trend is irreversible and that is a true tragedy for if liberty is lost in America, it will be lost for all times and all places...

//www.gmu.edu/departments/economics/wew/articles/08/Destroying%20Liberty.htm



Betrayed by the bailout: The death of democracy

Online Journal
by William John Cox

10/06/08

With almost a trillion dollars picked from their pockets to reimburse reckless Wall Street gamblers, many Americans righteously feel betrayed. A majority will elect a new president next month, and most will wait to see who it will be, and what if anything he can or will do to alleviate their suffering...

//onlinejournal.com/artman/publish/article_3832.shtml



Congress plays Santa Claus without bailout boondoggles

Classically Liberal
by CLS

10/05/08

Congress tends to write legislation that is about a ‘big’ subject and then the D.C. crowd hide other measures into the legislation. So a bill that is about one topic is used to hide laws about entirely different topics, totally unrelated. The secondary topics don’t get any debate at all. Everyone is focusing on the ‘big issue’ so the little issues slip by unnoticed. Democrats do it. Republicans do it. Once against it is the bipartisan effort by the two big parties to screw over the American people. Did you know the bail out bill, while picking you pocket for the benefit of Wall Street is picking your pocket for other special interests as well?

//tinyurl.com/48bjfx



Fed’s action fails to stem huge stock losses

USA Today

10/07/08

Stocks tumbled again Tuesday, despite efforts by the Federal Reserve to keep credit flowing to businesses and word from Fed Chairman Ben Bernanke that the central bank could soon cut interest rates to re-energize the economy. The Dow Jones industrial average, down nearly 370 points Monday, sank another 508 points, or 5.1%, to 9447. It was the Dow’s fifth-consecutive drop, during which its slid more than 1,400 points, or 13%...

//tinyurl.com/46snfp


Informant: Thomas L. Knapp



//freepage.twoday.net/search?q=bailout
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Winter soldiers and Washington’s wars

CounterPunch
by Ron Jacobs

10/06/08

There is an ongoing discussion within the essentially moribund antiwar movement of today and among antiwar veterans themselves regarding the roles vets should play in rebuilding that movement. In a movement whose politics run from libertarian to socialist and beyond, this question can be a contentious one. However, as Stacewicz’s book proves, the role of an antiwar veteran’s organization can be crucial to ending wars, despite (or perhaps because of) a wide variety of political viewpoints within the organization. As the US readies itself for a new president and Congress, the most essential thing for antiwar veterans and their civilian counterparts is to be ready to do whatever is necessary to end the wars Washington is currently engaged in...

//counterpunch.org/jacobs10062008.html


Informant: Thomas L. Knapp



//freepage.twoday.net/search?q=Winter+soldier
//freepage.twoday.net/search?q=veterans
//freepage.twoday.net/search?q=Ron+Jacobs

Financial crisis and recession

Ludwig von Mises Institute
by Jesus Huerta de Soto

10/06/08

The severe financial crisis and resulting worldwide economic recession we have been forecasting for years are finally unleashing their fury. In fact, the reckless policy of artificial credit expansion that central banks (led by the American Federal Reserve) have permitted and orchestrated over the last fifteen years could not have ended in any other way...

//mises.org/story/3138



Anatomy of a train wreck: Causes of the mortgage meltdown

Heartland Institute
by Stan J. Liebowitz

10/03/08

Why did the mortgage market melt down so badly? Why were there so many defaults when the economy was not particularly weak? Why were the securities based upon these mortgages not considered anywhere as risky as they actually turned out to be? This report oncludes that, in an attempt to increase home ownership, particularly by minorities and the less affl uent, virtually every branch of the government undertook an attack on underwriting standards starting in the early 1990s. Regulators, academic specialists, GSEs, and housing activists universally praised the decline in mortgage-underwriting standards as an ‘innovation’ in mortgage lending. This weakening of underwriting standards succeeded in increasing home ownership and also the price of housing, helping to lead to a housing price bubble...

//www.heartland.org/full.html?articleid=23864


Informant: Thomas L. Knapp



//freepage.twoday.net/search?q=financial+crisis
//freepage.twoday.net/search?q=recession
//freepage.twoday.net/search?q=Federal+Reserve
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To drill or not to drill is NOT the question

Christian Science Monitor
by Michelle Moore

10/06/08

Real solutions to the energy and climate crisis are available today if we focus on what we have in abundance instead of arguing over what’s exhaustible and dwindling — namely fossil fuels. Emphasizing efficiency and renewables, in that order, is already working in the building sector, which is demonstrating how we can change for the better by changing the way we think. There are plenty of opportunities to meet energy demand through efficiency. Buildings represent almost 40 percent of US energy consumption and an equivalent percentage of CO2 emissions –- more than automobiles or industry...

//www.csmonitor.com/2008/1006/p09s01-coop.html


Informant: Thomas L. Knapp



//freepage.twoday.net/search?q=climate+crisis
//freepage.twoday.net/search?q=drilling
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Pelosi’s "buy-in"

by Lynn Stuter

America received the news on Sunday, September 28th that the $700 billion package now before Congress at the request of President Bush isn’t a “bail-out,” it’s a “buy-in.” That came straight from the horse’s mouth, Bush’s shill, House Speaker Nancy Pelosi. It’s now being parroted by other Bush Democrats like Representative Barney Frank (D-MA). So, pray tell, if this is a buy-in and not a bail-out, what are we buying in to? Pelosi says we are buying into our economy, saving businesses and jobs. But is that really true?.......

//www.newswithviews.com/Stuter/stuter127.htm

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Mad About The Bailout? Here's What We're Doing About It

When Congress ultimately completely ignored the almost unilateral voice of the American people AGAINST the bailout for billionaire bankers, it was supposed to restore confidence to the financial markets. It has done exactly the opposite, as the stock market has dropped over 1,000 points SINCE the Senate passed it. Indeed the only substantial up day was the one AFTER the original House rejection.

And in case anyone missed it, according to our Constitution, ALL funding bills must originate in the House. So -- by using preemptive Senate passage to hustle reluctant House members, Nancy Pelosi has once again presided over a further enfeeblement of the chamber she is supposed to be leading, just as she grossly abused her power and defied the Constitution herself in blocking action on impeachment.

Pelosi Must Go.

TV Spot Action Page: //www.usalone.com/cindy/bankers_bailout.php

She must be defeated in four weeks by Cindy Sheehan who is on the ballot for the 8th congressional district of California in San Francisco, and who is collecting powerful endorsements from sources like the Bay Area Guardian.

Please watch Cindy Sheehan's new TV spot, which with your help can be running in heavy rotation in her district within a day or two.

By arrogantly dismissing our literally millions of phone calls and emails vehemently opposed to this lunatic policy blunder, Congress has demonstrated that they are for the most part beyond redemption. We have only one practical recourse. Vote the cowardly losers out of office as just soon as possible, and replace each and every one of them with strong progressives who WILL be accountable to the people.

We MUST Help Cindy Sheehan defeat Nancy Pelosi

This is our only real chance for the next two years. Nothing would send a stronger message that the voice of the people actually COUNTS for something that a resounding victory for Cindy Sheehan in the Congressional race for the 8th district of California against Nancy Pelosi in just 4 weeks. NOTHING would send a stronger message to the gutless wimps in Congress that their reign of cowardice is over.

What we need is literally a tsunami of donations to put Cindy Sheehan's new TV spot on the air, where she pulls no punches about the abject failure of Pelosi to lead. If you are frustrated, if you are angry, if you can make a donation of any amount, please do so from the page below.

Watch The New TV Spot: //www.usalone.com/cindy/bankers_bailout.php

And as if all this weren't galling enough. How do you like how Bush came out in the Rose Garden after signing the "Fox In Charge Of The Hen House Bill" to basically say, "Thanks, chumps."?

How dare they call themselves "Representatives"? How dare they! With their phones flooded a hundred to one shouting down this massive theft from the American taxpayer, with such an avalanche of emails coming the House email servers almost crashed, how dare they?! And guess what, the people were right. The hundreds of top economists pleading for sanity and a hearing were right.

Pelosi, the queen of the cave-ins, must be defeated. There can be no honor in allowing her to remain in office. Shame on us if we don't do everything we could have done to remove her. Then and only then can all the other things that need to be done to fix this disaster be implemented.

And please, if you are the San Francisco area. Cindy needs an army of volunteers to hit the streets inspiring voters. And even if you are not, you can help make phone calls. There are volunteer links on the same page with the video. You can do something. You must do something. Please help.

And let election day this time be a bright and shining day where we the people actually start to take back control of our own government.

Paid for by Cindy Sheehan for Congress

Donations to Cindy Sheehan for Congress are not tax-deductible

Please take action NOW, so we can win all victories that are supposed to be ours, and forward this alert as widely as possible.

usalone275b:242244

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//freepage.twoday.net/search?q=Pelosi
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//freepage.twoday.net/search?q=com/Stuter

McCain Is Deluding Himself Over the 'Surge'

//www.commondreams.org/view/2008/10/06-1



//freepage.twoday.net/search?q=McCain
//freepage.twoday.net/search?q=troop+surge
//freepage.twoday.net/search?q=Johann+Hari

Dennis Kucinich on the Democrats' Bailout Betrayal

//www.commondreams.org/view/2008/10/06

Congressman Dennis Kucinich: Market Falls Again; No More Bailouts
//www.commondreams.org/newswire/2008/10/06-11

--------

Kucinich: “Financial whirlpool of insatiable greed”
Raw Story

10/07/08

Dennis Kucinich opposed the $700 billion Wall Street bailout that went into effect Monday, and now that the stock market continues to fall he’s warning that the attempt to rescue the economy missed its mark. The Ohio Democrat says any government efforts need to focus primarily on putting more money into the pockets of middle- and lower-income Americans struggling to keep their homes and jobs, not to Wall Street institutions. ‘If Wall Street does come back for another bailout, we must be prepared in advance to say NO,’ Kucinich said in a press release Monday. ‘The bailouts of Wall Street must stop. It will never be enough. When the Federal Government gets involved in picking winners and losers on Wall Street, we open up a financial whirlpool of insatiable greed’...

//tinyurl.com/46qn64


From Information Clearing House



//freepage.twoday.net/search?q=Kucinich
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'My Daughter's Dream Became a Nightmare': The Murder of Military Women Continues

//www.commondreams.org/view/2008/10/06-4



//freepage.twoday.net/search?q=military+women
//freepage.twoday.net/search?q=Ann+Wright

Controversy Grows As Taser Expands Scope

//www.commondreams.org/headline/2008/10/06



//freepage.twoday.net/search?q=taser

Group Combats Military Recruitment in Schools

//www.commondreams.org/headline/2008/10/06-5



//freepage.twoday.net/search?q=recruitment

Wie Schäuble mit fingierten Zusammenhängen Propaganda macht

Schäubles Scheinargumente Teil II
//www.heise.de/tp/r4/artikel/28/28700/1.html



//freepage.twoday.net/search?q=Schäuble

Manson-Staatsanwalt Bugliosi will George W. Bush vor Gericht bringen

Mord in über 4.000 Fällen
//www.heise.de/tp/r4/artikel/28/28858/1.html



//freepage.twoday.net/search?q=Bugliosi

Voting Goes to Court

Tim Jones, The Chicago Tribune: "In a furious, multistate campaign raging far from television cameras and cable TV chatter, scores of lawyers are arguing over the voting rights of perhaps millions of Americans who plan to cast ballots in the presidential election. This is the courtroom campaign beneath the presidential campaign, fought in politically strategic states including Ohio, Florida, Wisconsin and others. The outcome of battles over voter registration, absentee ballots and the integrity of state voting lists could prove to be decisive in states where the margin of victory is expected to be slim."

//www.truthout.org/100608VA



//freepage.twoday.net/search?q=voting+right
//freepage.twoday.net/search?q=ballot
//freepage.twoday.net/search?q=elections+2008

Nearly a Quarter of World's Mammals Face Extinction, Annual "Red List" Reports

Ian Sample, The Guardian UK: "Nearly a quarter of the world's land mammal species are at risk of extinction, and many others may vanish before they are even known to science, according to a major annual survey of global wildlife. At least 1,141 of the 5,487 known species of mammal are threatened, with 188 listed in the highest-risk 'critically endangered' category. One in three marine mammals are also threatened, according to the five-year review."

//www.truthout.org/100608EA



//freepage.twoday.net/search?q=mammals
//freepage.twoday.net/search?q=extinction
//freepage.twoday.net/search?q=Ian+Sample

We're on "The Edge of The Abyss"

French Premier Francois Fillon: We're on "The Edge of The Abyss"

By Mike Whitney

People are scared and removing their money from the banks and money markets which is intensifying the freeze in the credit markets and driving stocks into the ground like a tent stake. Meanwhile, our leaders are "caught in the headlights", still believing they can "finesse" their way through the biggest economic cataclysm since the Great Depression. It's madness.

//www.informationclearinghouse.info/article20954.htm



Down the Road to Serfdom

By Ann Berg

So here we are: a phony monetary system, $3 trillion wasted on wars, and a citizenry mired in debt. And what does Congress do? It adds more debt - a trillion dollars, just for starters, since once starting down this slippery slope, it won't be able to stop.

//www.informationclearinghouse.info/article20952.htm



It's a Worldwide Crash

By Jim Cramer

We know the truth now. The Fed has been put out to pasture, a victim of being theoretical, not practical, an organization that simply didn't take seriously those of us who warned them in person and on TV.

//www.informationclearinghouse.info/article20951.htm



The End of American Hegemony

By Paul Craig Roberts

Bush's wars and economic policies are destroying the basis of the US dollar as reserve currency. The day the dollar loses its reserve currency role, the US government cannot pay its bills in its own currency. The result will be a dramatic reduction in US living standards.

//www.informationclearinghouse.info/article20955.htm



The US Simply Doesn't Get It

By Robert Fisk

Biden and Palin hid like rabbits from the centre of the Middle East earthquake.
//www.informationclearinghouse.info/article20953.htm



Financial crisis: Stock market suffers its worst fall in history

The UK stock market has suffered its worst one-day fall in history as the banking crisis intensified.

//tinyurl.com/3hgp4o



Global markets in meltdown as London and New York shares plunge to four-year low

London shares had £100bn wiped off their value today in the biggest ever fall as the bank crisis swept around the world. The FTSE-100, which had at one point collapsed by 430 points or nearly 9%, closed 391.1 down at 4,589.2.

//tinyurl.com/42antl



Worst-case scenario is approaching rapidly

The credit crisis, which has been building slowly for the past year, is now moving so fast that governments around the world are finding it impossible to keep pace.

//business.timesonline.co.uk/tol/business/columnists/article4888251.ece



Credit doors are closing

A crucial source of financing for companies and banks is making some ominous grinding sounds. The market for commercial paper, which is high-quality, short-term debt, shrank by a record $95 billion last week, to $1.6 trillion, according to the U.S. Federal Reserve. That's down from nearly $2 trillion before the credit crunch.

//www.iht.com/articles/2008/10/05/business/views06.php



Full of Doubts, U.S. Shoppers Cut Spending

Cowed by the financial crisis, American consumers are pulling back on their spending, all but guaranteeing that the economic situation will get worse before it gets better.

//tinyurl.com/48tvgy


From Information Clearing House

--------

Chaotic Day Ends With Stocks off 3.8 Percent

Michael M. Grynbaum, The New York Times: "Panic came to Wall Street on Monday morning, but its stay was brief, at least for one day. The Dow Jones industrials finished more than 360 points lower, dropping below the 10,000 mark for the first time in five years, as markets around the world spiraled downward in the face of a banking crisis that has tightened its grip on the global economy."

//www.truthout.org/100608R



//freepage.twoday.net/search?q=credit+market
//freepage.twoday.net/search?q=Great+Depression
//freepage.twoday.net/search?q=abyss
//freepage.twoday.net/search?q=Wall+Street
//freepage.twoday.net/search?q=monetary+system
//freepage.twoday.net/search?q=financial+crisis
//freepage.twoday.net/search?q=credit+crisis
//freepage.twoday.net/search?q=banking+crisis
//freepage.twoday.net/search?q=stock+market
//freepage.twoday.net/search?q=reserve+currency
//freepage.twoday.net/search?q=Federal+Reserve
//freepage.twoday.net/search?q=hegemony
//freepage.twoday.net/search?q=Palin
//freepage.twoday.net/search?q=Mike+Whitney
//freepage.twoday.net/search?q=Jim+Cramer
//freepage.twoday.net/search?q=Paul+Craig+Roberts
//freepage.twoday.net/search?q=Robert+Fisk
//freepage.twoday.net/search?q=Michael+M.+Grynbaum

Next-up news Nr 701

//groups.google.com/group/omeganews/t/930a057febfd2f00?hl=de

The tyranny of oil

//www.ufppc.org/content/view/7954/


Informant: jensenmk

From ufpj-news



//freepage.twoday.net/search?q=Big+Oil

THE PENTAGON STRANGLES AMERICA

//groups.google.de/group/freepage-news/t/dd95f3b0d2cdd9b5?hl=en

Who's in charge?

//www.brasschecktv.com/page/439.html

Feds Tout New Domestic Intelligence Centers

//list.lewrockwell.com/t/1136454/12759198/60784/0/

The Era of Perpetual War

//www.lewrockwell.com/grigg/grigg-w51.html



//freepage.twoday.net/search?q=perpetual+war
//freepage.twoday.net/search?q=com/grigg

Wall Street Was Stunned

//www.lewrockwell.com/suprynowicz/suprynowicz96.html



//freepage.twoday.net/search?q=Wall+Street
//freepage.twoday.net/search?q=taxpayer
//freepage.twoday.net/search?q=com/suprynowicz

On the history of boom-and-bust cycles

//list.lewrockwell.com/t/1136454/12759198/60776/0/

The Economic Ignorance of Politicians and Journalists

//www.lewrockwell.com/higgs/higgs90.html



//freepage.twoday.net/search?q=com/higgs

Don't Trust the Brain Trust

//www.lewrockwell.com/rockwell/dont-trust-brain-trust.html



//freepage.twoday.net/search?q=com/rockwell

The Do-Something Congress

//www.lewrockwell.com/paul/paul483.html



//freepage.twoday.net/search?q=Ron+Paul

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