Mittwoch, 31. Dezember 2008


Education After Neoliberalism

Henry A. Giroux and Susan Searls Giroux, Truthout: "As the financial meltdown reaches historic proportions, free-market fundamentalism, or neoliberalism as it is called in some quarters, is losing both its claim to legitimacy and its claims on democracy."

Was the "Credit Crunch" a Myth Used to Sell a Trillion-Dollar Scam?

Joshua Holland, AlterNet: "There is something approaching a consensus that the Paulson Plan -- also known as the Troubled Asset Relief Program, or TARP -- was a boondoggle of an intervention that's flailed from one approach to the next, with little oversight and less effect on the financial meltdown."

Mid-Tunnel Glimmerings

Jean-Jacques Roth, Le Temps: "What a year! Wherever one turns: vertigo. Financial massacre, destruction of value unprecedented in human history, the unanticipated become an everyday occurrence, the most learned predictions trampled by phenomena deemed unthinkable just twelve months ago ..."

Madoff: So Where's the Money, Bernie?

Stephen Foley, The Independent UK: "Three weeks ago he was one of Wall Street's grandees and one of its most sought-after investment professionals. Today, he is under house arrest at his $7m ... Manhattan apartment, accused of being the biggest swindler that the world of finance has ever seen. Bernard Madoff faces a court deadline this morning for declaring all that remains of his clients' money, and for setting out the personal fortune he amassed over the decades, including homes in Palm Beach, Florida, and New York's Long Island. What is it going to add up to?"


I was fleeced by Madoff

by Geneen Roth


Since Madoff’s arrest in December on charges of running a $50 billion Ponzi scheme, I’ve read many articles about how we Madoff investors should have known what was going on, how believing in Madoff was no different than believing there were WMD in Iraq. And I wish I could say I had reservations about Madoff before ‘the Call.’ I wish I could say I knew better about getting such consistently good returns, but I did not. Besides, everything I ‘knew better’ about — stocks, smart financial advisors, real estate — had also proved disastrous: Our financial advisor embezzled a quarter of our money 10 years ago, I lost another third in the stock market during the boom times, and we bought our house at the top of the market and sold at the bottom. Considering that, Madoff seemed like a respite — his fund showed occasional losses, along with small, steady gains. (I’m keeping a list of people who want to be notified of our next investment so they can sprint in the other direction. Feel free to add your name.)...

Informant: Thomas L. Knapp

The year 2008 began on a Tuesday, matters went downhill swiftly from there

Next-up News Nr 794

Score one for the environment

by Katharine Mieszkowski


Before hailing the close of the Bush administration’s eight-year attack on the environment and scientific integrity, and celebrating Barack Obama’s takeover, let us pause to imagine an alternative future with John McCain and Sarah Palin in the White House. Even a grizzly bear shudders to think of it...

Informant: Thomas L. Knapp

It’s about power

Independent Country
by James Leroy Wilson


If our government took our country’s security concerns seriously, it would pledge neutrality over the conflict in that speck on the globe, which is no larger or more populous than New Jersey. And it would cease open and covert aid to both sides. Palestinian civilians wouldn’t get killed by weapons paid for by the U.S. But this isn’t how the U.S. government works or thinks. For our politicians and bureaucrats are driven by power and influence, not the good of the American people. Aid to Israel is about controlling Israel to some degree. Aid to international agencies and to other countries is for the same purpose. The motive is not compassion or solidarity with foreign peoples, but rather to control them and their affairs...

Informant: Thomas L. Knapp


By Craig Nisbet

PARENTS of youngsters attending Ardrossan's newly-rebuilt Stanley Primary say they are shocked and alarmed at plans to site a 50-foot-high mobile phone mast around 50 metres from the school playground.


Is A Flu Pandemic Imminent?

by Greg Ciola

Every year when flu season rolls around the public is barraged with news stories about the reasons to get a flu shot. This year is no different. From coast to coast the headlines are blaring “Get Your Shot!” Within the past few months the CDC even lowered the recommended age for the flu shot to children as young as six months old. Basically, that means they think that just about everyone in the country should get the shot except for newborns in order to stay well......

Eskapaden und Aktivitäten des BND 2008

Auch in diesem Jahr sorgte der deutsche Geheimdienst für Skandale und Untersuchungsausschüsse.

War Will Not Bring Peace to Afghanistan

Moose Are Roaming Right Out of Existence

Tim Jones, The Los Angeles Times: "It wasn't long ago that thousands of moose roamed northwest Minnesota. But in two decades, the number of antlered, bony-kneed beasts from the North Woods has plummeted from 4,000 to fewer than a hundred."

Farewell to All That: An Oral History of the Bush White House

Cullen Murphy and Todd S. Purdum, Vanity Fair: "The threat of 9/11 ignored. The threat of Iraq hyped and manipulated. Guantanamo and Abu Ghraib. Hurricane Katrina. The shredding of civil liberties. The rise of Iran. Global warming. Economic disaster. How did one two-term presidency go so wrong? A sweeping draft of history - distilled from scores of interviews - offers fresh insight into the roles of George W. Bush, Dick Cheney and other key players."


From “Mission Accomplished” to “So What?”

by Eugene Robinson


Understanding isn’t the same as forgiving. The history-be-my-judge interviews that President Bush and Vice President Cheney have been giving recently help me understand why they acted with such contempt for our Constitution and our values — but also reinforce my confident belief, and my fervent hope, that history will throw the book at them. The basic argument that they’re making deserves to be taken seriously. I don’t think either man would object to my summing it up in one sentence: We did what we did to keep America safe. That terse formulation of the Bush-Cheney apologia leaves out important details. Cheney came into office with preconceived ideas about restoring executive branch powers and prerogatives that he believed had been lost after Vietnam and Watergate; Bush either shared Cheney’s views or was willing to go along...

Informant: Thomas L. Knapp

Was uns Frau Merkel & Co. dieses Jahr unter den Weihnachtsbaum legen

Oh du Fröhliches Hartz IV - oder was uns Frau Merkel & Co. dieses Jahr unter den Weihnachtsbaum legen.

Kurz vor dem Jahreswechsel möchten wir eine kleine Rückschau halten, welche Veränderungen im sozialen Bereich die Bundesregierung "geschaffen" hat.

Lesen Sie weiter:

Keynesomania: On Economic Insanity

As if Things Weren't Bad Enough, Russian Professor Predicts End of U.S.

In Moscow, Igor Panarin's Forecasts Are All the Rage; America 'Disintegrates' in 2010.

Retailers may close 73,000 stores in the first half of 2009

"You'll see department stores, specialty stores, discount stores, grocery stores, drugstores, major chains either multi- regionally or nationally go out".

List of Troubled Banks: Ready to see where your bank stands?

While lists of troubled banks obviously exist, none of them seem to be readily available to the public. Why? Because the bankers do not want you to have this.

From Information Clearing House

Alternative Theory of 9/11

Joel Brinkley: Does His Article on Richard Falk Demonstrate the Right "Frame of Mind" to Teach Journalism at Stanford?

By Elizabeth Woodworth

Is it not extraordinary that Brinkley, a former New York Times reporter deemed qualified by Stanford University to teach its journalism students, had not been aware that many Americans believe that 9/11 was a false flag operation, carried out to provide a pretext for attacking Muslim countries?

Kyrie Eleison

By John S. Hatch

They took Mohammed out of his father's view and fired a gun. Probably the General wept some more. They said they would kill his other sons. Then they stuffed him into a sleeping bag head first, broken ribs and all, and sat upon him. He died.


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